2019 City of Shakopee Budget

132

CAPITAL PROJECT FUNDS Capital Project Funds are established to account for the construction of major capital facilities. Projects resources are a combination of several revenue sources such as bond proceeds, inter-fund transfers, intergovernmental revenue, grants, etc. These funds provide the means for administrators to ensure that designated revenues are appropriately utilized. Park Reserve Fund (4020) is for park acquisition and improvements. Capital Improvement Fund (4021) is for various infrastructure projects in the City. Individual project sheets for both Park Reserve and Capital Improvement Funds are included. These sheets provide a summary of each project, location, description, source of funds and use of funds. They are located at the end of the budget book, under the tab “Capital Improvement Programs”.