Fiscal Year 2011 Budget - Community Investment Funds

 

 

 

 

One of Carbondale’s City Parks that is named to honor the man, who not only coordinated the 1963 Civil Rights March on Washington, but also dedicated his life to rights within his home town of Carbondale --- Lenus Turley Park

 

 

 

 

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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