Fund Structure

Fiscal year 2023/24 - 2024/25

Fund Structure

The City organizes its resources into five main fund categories: General Fund, Special Revenue Funds, Capital Projects Funds, Enterprise Funds, and Agency Funds. Within each category are multiple funds. Funds are categorized primarily for accounting purposes and additional information about this can be found in the City’s Annual Comprehensive Financial Report (ACFR). Therefore, the Two-Year Budget typically discusses funds as they relate to City Departments or functions rather than categories. Above is a diagram illustrating the relationship between the five fund categories and the City’s various functions. Multiple funds within each category may related to the same City Department or function.


General Fund

The General Fund is the City’s primary operating fund where core City services such as police services, parks, recreation, and street maintenance are budgeted. The General Fund is described in more detail later in this section.


Special Revenue Funds

Special Revenue Funds are used to account for specific monies that are legally restricted for use for a particular purpose. Funds included in this category relate to City functions and Departments as follows:


The majority of the dollars budgeted in Special Revenue Funds are related to the City’s various landscape and lighting maintenance assessment districts and the Yorba Linda Public Library. The assessment districts are primarily funded through special assessments placed on the tax roll for parcels benefiting from the improvements maintained by the districts, as well as through a portion of the ad valorem property tax revenues for certain parcels. The General Fund also makes a contribution to these districts to pay for certain general benefits of the maintained improvements.


The Yorba Linda Public Library is primarily funded by a dedicated share of the ad valorem property tax for all of the parcels located in the City. As the Library was formerly a special district, at the time of its merger with the City the City Council restricted the Library’s revenue stream for library purposes and directed that it be accounted for in a separate fund.


Additionally, some Public Works funding such as gas tax revenues as well as various other restricted resources are housed in special revenue funds. More information on these funds can be found in the City's ACFR.


Capital Projects Funds

Capital Projects Funds are used to account for the acquisition and construction of major capital facilities other than those financed by Enterprise Funds or the landscape and lighting maintenance assessment districts. Funds included in this category relate to City functions and Departments as follows:


The Capital Improvements Fund is used to account for the majority of the capital improvements projects of the City, regardless of funding source. Projects are budgeted in this fund and transfers are budgeted from funds containing the related resources to construct the projects. For example, a road project would be budgeted here, but may be funded from multiple funding sources including gas tax funds and the General Fund. These resources are reflected in the Capital Improvements Fund as a transfer in. The other funds in this category house certain funding sources for capital projects that when utilized are transferred to the Capital Improvement Fund.


Enterprise Funds

Enterprise Funds are used to account for activities that are financed and operated in a manner similar to private businesses. The City’s intent is that the operational and capital costs of providing these services be recovered primarily through user fees and charges. Funds included in this category relate to City functions and Departments as follows:


The Black Gold Golf Course Fund is used to account for the operating and capital costs of the City’s golf course. The private operator of the golf course, Kemper Sports Management, also operates the City’s catering concession at the Yorba Linda Community Center, which is accounted for in the same fund.


Agency Funds

Agency Funds are used to account for funds that held by the City as an agent for another entity. Funds included in this category relate to City functions and Departments as follows:


The only Agency Fund included in the Two-Year Budget is the Successor Agency to the Redevelopment Agency Fund. This fund is used to account for all of the remaining activities of the City’s former Redevelopment Agency. This primarily consists of paying the remaining debt service costs on outstanding bonds issued by the Agency.