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NONMAJOR GOVERNMENTAL FUNDS
Special Revenue Funds
Vehicle Excise Tax Fund – This fund is used to account for revenues from an excise tax on rental motor vehicles, which must be used for the promotion of recreation, tourism and commerce and for the construction or repair of related facilities.
Confiscated Assets Fund – This fund is used to account for cash received either as a result of a cash confiscation or from the sale of capital assets acquired from a drug raid.
Hotel/Motel Tax Fund – This fund is used to account for hotel/motel taxes collected.
Veterans Memorial Park Fund – This fund is used to account for funds donated to the City for the design and construction of a Veterans Memorial, representing those persons from Fayette County, Georgia who have died in service of our country.
Cemetery Fund – This fund is used to account for revenues earned from a trust set up for cemetery improvements.
Downtown Development Authority Fund – This fund is used to account for downtown revitalization and preservation of the historic district.
Main Street Tourism Association Fund – This fund is used to account for revenues and expenditures associated with the promotion of tourism in the City.
Capital Project Fund
Impact Fee Fund – This fund is used to account for capital projects activity funded by development impact fees.
Capital Projects 2 Fund – This fund is used to account for the accumulation and expenditures of resources for various capital projects which are funded by a percentage of property taxes.
TAD Fund – This fund is used to account for taxes collected and expended from the City’s tax allocation district.
CITY OF FAYETTEVILLE, GEORGIA
Combining Balance Sheet Nonmajor Governmental Funds
JULY 31, 2021
Funds
COMBINING STATEMENT OF REVENUES, EXPENDITURES
CITY OF FAYETTEVILLE, GEORGIA AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED JULY 31, 2021
CITY OF FAYETTEVILLE, GEORGIA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES – BUDGET AND ACTUAL SPECIAL REVENUE FUNDS FOR THE FISCAL YEAR ENDED JULY 31, 2021
(Continued)
CITY OF FAYETTEVILLE, GEORGIA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES – BUDGET AND ACTUAL SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JULY 31, 2021
(Continued)
CITY OF FAYETTEVILLE, GEORGIA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES – BUDGET AND ACTUAL SPECIAL REVENUE FUNDS FOR THE FISCAL YEAR ENDED JULY 31, 2021
CITY OF FAYETTEVILLE, GEORGIA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES – BUDGET AND ACTUAL SPECIAL REVENUE FUNDS FOR THE FISCAL YEAR ENDED JULY 31, 2021
(Continued)
CITY OF FAYETTEVILLE, GEORGIA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES – BUDGET AND ACTUAL CAPITAL PROJECTS FUNDS FOR THE FISCAL YEAR ENDED JULY 31, 2021
CITY OF FAYETTEVILLE, GEORGIA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES – BUDGET AND ACTUAL
Capital Projects 2 Fund
CITY OF FAYETTEVILLE, GEORGIA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES – BUDGET AND ACTUAL CAPITAL PROJECTS FUNDS FOR THE FISCAL YEAR ENDED JULY 31, 2021
CITY OF FAYETTEVILLE, GEORGIA
SCHEDULE OF EXPENDITURES OF SPECIAL PURPOSE LOCAL OPTION SALES TAX PROCEEDS FOR THE FISCAL YEAR ENDED JULY 31, 2021
Reconciliation to the Combining Statement of Revenues, Expenditures and Changes in Fund Balances:
