NONMAJOR PROPRIETARY FUNDS

 

ENTERPRISE FUNDS

 

Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private business enterprises - where the intent of the governing body is that the costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges; or where the governing body has decided that periodic determination of net income is appropriate for accountability purposes.

 

Public Parking Fund – This fund is used to account for the operation of all parking facilities owned by the City.

 

Golf Course Fund – This fund is used to record the activities of Eagle Bend Golf Course, a publicly owned facility.