Fiscal Year 2018 - Annual Budget

City of Carbondale
Financial Overview - Community Investment Funds

SIU ARENA

An 8,339 seat capacity multi-purpose arena opened in 1964, the SIU Arena houses Southern Illinois Salukis basketball games, Saluki volleyball games, CCHS and SIU graduations, Spring Flea Market, “100 Men Who Cook”, Concerts, and various events that accumulate thousands in attendance.

COMMUNITY INVESTMENT FUNDS

LOCAL IMPROVEMENT FUND
Community Investment Funds are created to account for financial resources to be used for the acquisition or construction of major capital facilities, except for those financed by Special Revenue Funds and Proprietary Funds. The Community Investment Funds provide a formal mechanism which enables administrators to ensure that revenues restricted to a certain, relatively permanent purpose are used only for that purpose.

The Local Improvement Fund provides the control for construction of Community Investment Program projects that are not funded in other capital project, governmental, or proprietary funds. The primary sources of funding include the three-cent per gallon locally collected municipal motor fuel tax, any grant funds and the funding source transfer from the General Fund.

Community Investments Department
Summary Statement of Revenues, Expenditures and Changes in Fund Balance
Statement of Revenues and Other Financing Sources

Division Expenditure Budgets:
44007 - CIP and Replacement

Continue on to Proprietary Funds

 
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