Staying Informed

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Question

What are "funds" and why does the City have them?

Answer

The City receives revenues from many different sources. Most of them have restrictions on how they can be used. For example, money from the Federal Government (Community Development Block Grant, or CDBG funds) must be used in low and moderate census track areas. Monies received through sewer fees must be used to operate and maintain the City’s sewer system. The largest fund in the City is the General Fund which is the City’s primary funding source. The General Fund is supported by taxes and fees and generally has no restrictions on their use.