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Fund Summary
<br />The chart below isesummary ofending balances for each ofthe fund types as ofJune 31.3O17.
<br />Fund Summary
<br />C*neraU
<br />Special
<br />capital
<br />Enterprise
<br />Inlemal
<br />Debt
<br />(28430,680
<br />Contingency
<br />Revenue
<br />pr"ts
<br />6,066.05
<br />SerAce
<br />1--11133,379
<br />Beginning Fund Balance
<br />17,890,260
<br />1,466,097
<br />45,947,009
<br />17,240,620
<br />6,770,635
<br />1,292,357
<br />Revenues
<br />31,513,794
<br />315,760
<br />4,173,403
<br />11,690,686
<br />4,463,647
<br />1,377,256
<br />Ending Fund Balance
<br />20,973,374
<br />1 1,594,757
<br />1 46,552,023
<br />1 17,682,469
<br />1 7,140,959
<br />1 2,074,592
<br />Beginning Fund Balance
<br />11,839,636
<br />6050,624
<br />Re�enues
<br />31,498,013 j
<br />15,781
<br />bpenditures
<br />(28430,680
<br />31,034
<br />Endina Fund Balance
<br />14,906.969
<br />6,066.05
<br />Special Revenue Funds:
<br />Special revenue funds account for revenue sources and expenditures that are legally restricted (oespecific
<br />purpose. The City has two special revenue funds: Lodging tax and Seizure. The Lodging tax fund receives
<br />a special excise tax on lodging charges and is used to promote tourism. The seizure fund accounts for the
<br />yearly accumulation of drug seizure funds and is used for seizure related expenditures. Through the end of
<br />June 2017, revenues exceeded expenditures in the Lodging tax fund. Expenditures for the Seizure fund
<br />are greater than revenue by $92 thousand. In 2017 expenditures in the Seizure fund will exceed revenues
<br />due toamounts received in %O16from the Motel raid in 2013.
<br />Special Revenue Funds
<br />Lodging Tax
<br />Seizure
<br />Beginning Fund Balance
<br />912,558
<br />553,539
<br />Revenues
<br />284,726
<br />31,034
<br />E>penditures
<br />(63,90
<br />(123,195
<br />Ending Rind Balance
<br />1--11133,379
<br />461,378
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