The City reports interfund transfers between many of its funds. The City’s routine transfers
include transfers made to move (1) unrestricted revenues or balances that have been
collected or accumulated in the general fund to other funds based on budgetary
authorization, and (2) revenues from a fund that by statute or budgetary authority must
collect them to funds that are required by statute or budgetary authority to expend them.
The sum of all transfers presented in the table agrees with the sum of interfund transfers
presented in the governmental fund financial statements.
The following is an analysis of interfund transfers made in fiscal year 2021:
Funds: Transfers In Transfers Out
General Fund $ 743,100 $ 7,283,552
Nonmajor Governmental Funds:
Police grants 76,824 393
Transit grants $38,352 30
Community Development Block grants/Home grants 11,975 -
Community Development division grants 64,518 -
Homeland security grants 250,000 -
School grants - 38,510
City revolving funds - 127,519
Other trust funds 256,751 150,000
Public works projects 75,000 325,000
Community and economic development projects 325,000 -
Property revaluation projects 31,652 -
City buildmg projects - 231
Cemetery permanent funds - 683,168
Total Nonmajor funds 1,630,072 1,324,851
Enterprise finds:
Wastewater - 150,000
Solid waste - operations 5,748,376 -
Solid waste - capital 486,855 -
Total Enterprise funds 6,235,231 150,000
Intemal service funds:
Property and casualty fund 150,000 -
Total Intermal Service Funds 150,000 -
Total $ 8,758,403 $ 8,758,403
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