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COMBINING FINANCIAL STATEMENTS <br /> NONMAJOR GOVERNMENTAL FUNDS <br /> Special Revenue Funds <br /> Special revenue funds are used to account for specific revenues that are legally restricted to expenditure for <br /> particular purposes. <br /> Street Maintenance Sales Tax Fund — This fund is used to account for the additional sales tax collected for <br /> street maintenance. <br /> Community Investment Fund — This fund is used to account for funds received and expended on community <br /> beautification and revitalization programs. <br /> Hotel / Motel Occupancy Tax Fund — This fund is used to account for the accumulation of resources from the <br /> Hotel /Motel Tax assessment levied by the City. These monies are to be spent to promote the development or <br /> progress of the City within the guidelines set forth on disposition of revenues collected under the authority of the <br /> Texas Hotel Occupancy Act (Article 1269; Vernon's Texas Civil Statutes). <br /> Tax Increment Reinvestment Zone One Fund (TIRZ) — This fund is used to account for the disposition of <br /> property taxes collected on specific parcels within the boundaries of the TIRZ for the exclusive benefit of the <br /> City's capital improvement programs. <br /> Grant Fund — This fund is used to account for funds received from another government or organization to be <br /> used for a specific purpose activity or facility. <br /> Section 4B Sales Tax Fund — This fund is used to account for funds received from the '/ cent sales tax <br /> dedicated to certain economic and infrastructure projects. <br /> Capital Projects Funds <br /> Capital projects funds are used to account for the acquisition and construction of major capital facilities other <br /> than those financed by proprietary funds. <br /> Transportation and Other Infrastructure Fund — This fund is used to account for the construction and expansion <br /> of roads, bridges, sidewalks and other major infrastructure capital improvements. <br /> 1998 General Obligation Bonds Fund — This fund is used to account for the proceeds and expenditures related <br /> to drainage and street improvements throughout the City. <br /> 2000 Certificate of Obligation Bonds Fund — This fund is used to account for the proceeds and expenditures for <br /> construction of the community library. <br /> 2000 General Obligation Bonds Fund — This fund is used to account for the proceeds and expenditures for <br /> construction to renovate the city hall building, public swimming pool and two fire stations. <br /> 81 <br />