Expenditure Highlights

The city offers many services and utilizes over 50 separate funds for large areas or specialized purposes.

Types of Funds:

General Fund - the City's main operating fund.
Debt Service Fund - used to pay annual principal and interest payments on outstanding debt.
Enterprise Funds - for activities such as water, sewer and solid waste.
Special Revenue Funds - accounts for specific revenue sources that are legally restricted for specific purposes.
Internal Service Funds - these funds account for the cost of services rendered to other funds and/or departments within the City such as Fleet Services and Information Technology.
Capital Project Funds - are for the construction of an asset.
Trust Funds - account for the reporting of assets that are held in a trustee or agency capacity for others and can not be used to support City programs.
Component Units - these are legally separate organizations for which the elected officials of the City are financially accountable.

The below charts shows the FY 2025 Expenditure budget by fund type:

​Expenditure Highlights