SPECIAL REVENUE FUNDS

Special Revenue Funds are used to account for specific revenues that are legally restricted to expenditures for particular purposes. Special Revenue Funds include:

Hotel/Motel Tax Fund 03 - to account for receipt and allocation of the City's hotel/motel occupancy tax. Use of this tax is limited by law to the promotion of tourism. The hotel occupancy tax rate for the City's hotels is 7%.

Cemetery Fund 08 - to account for the proceeds from the sale of burial plots and columbarium niches at the City owned and operated cemetery. Revenues are used for the ongoing maintenance and operations of the cemetery.

Police Forfeiture Fund 09 - to account for cash assets seized, or the proceeds from the sale of other assets seized, as a result of drug related law enforcement activities. By law, these funds must be used for future illegal drug enforcement activity. These funds fall under the State statutes.

Marble Falls Trunked Radio System Fund 12 - to account for subscription fees from surrounding communities and the expenditures related to the trunked radio system.

Economic Development Corporation 20 - to account for the use of 4B sales tax revenues that must be used in compliance with statutory restrictions set forth by the state legislature.

Hotel Conference Center Fund 24 – to account for the bond proceeds and the expenditures for the construction of the Hotel Conference Center.

Tax Increment Reinvestment Fund (TIRZ) 25 – to account for the tax increment for the area designated as the Zone.

Impact Fee Fund 60 - Impact Fee Fund – to account for all funds related to the water and sewer impact fees.

Police Federal Forfeiture Fund 67 – to account for cash assets seized, or the proceeds from the sale of other assets seized, as a result of drug related law enforcement activities. By law, these funds must be used for future illegal drug enforcement activity. These funds fall under Federal Statutes.

Court Technology Fund 75 – to account for revenues collected on convictions of criminal offenses, misdemeanor offenses relating to pedestrians or the parking of motor vehicles, as well as non-conviction cases for deferred disposition, driver safety course, motorcycle operator course, boater safety course,

alcohol awareness course, tobacco awareness course and chemically dependent commitments. Expenditures are for purchase or maintenance of technological enhancements for the municipal court.

Building Security Fund 76 – to account for revenues collected on convictions of criminal offenses, misdemeanor offenses relating to pedestrians or the parking of motor vehicles, as well as non-conviction cases for deferred disposition, driver safety course, motorcycle operator course, boater safety course, alcohol awareness course, tobacco awareness course and chemically dependent commitments. Expenditures are for security personnel or to finance items which are used for the purpose of providing security services for buildings housing a municipal court.

Juvenile Case Manager Fund 78 – to account for the collection of juvenile case manager fees. The fee may not exceed $5 as a cost of court if the municipality employs a juvenile case manager. Funds are used to finance the salary, benefits and other necessary expenses related to the position of juvenile case manager.