Budget Primer: Public Service Funds

There are a number of funds used by Oro Valley for Public Services:

Seizures & Forfeitures – Federal Fund
Federal anti-racketeering revenue is generated as a result of the Police department’s participation in investigating and seizing assets associated with illegal activities. The reimbursement of approved expenditures is administered by the PIMA County Attorney’s Office under strict Federal regulation. These funds are intended to be used in support of continuing law enforcement efforts and cannot be used to supplant any part of normal budget items. These seized assets cannot be used until the case has been adjudicated.

Seizures & Forfeitures – State Fund
State anti-racketeering revenue is generated as a result of the Police department’s participation in investigating and seizing assets associated with illegal activities. The reimbursement of approved expenditures is administered by the PIMA County Attorney’s Office under  State regulation. These funds are intended to be used in support of continuing law enforcement efforts and cannot be used to supplant any part of normal budget items. These seized assets cannot be used until the case has been adjudicated.

Municipal Debt Service Fund
The Municipal Debt Service Fund allocates money for principal and interest payments on the issuance of Municipal Property Bonds. The Town has issued bonds for the acquisition of land and construction of buildings to support Town Services. Repayments of this debt is pledged with excise sales tax, state shared revenue, and other permit and fee revenues.

Oracle Road Improvement District Fund
The Oracle Road Improvement District Fund allocates money for principal and interest for payments on the issuance of improvement district bonds. The Town issued bonds in 2005 to finance the widening of Oracle Road along the Rooney Ranch development. The bonds are repaid by the assessments levied on the property owners in this improvement district.

Impound Fee Fund
Impound fees are required payments for an impounded vehicle. Vehicles may be impounded by the police for a variety of reasons and violations. Impound fees may vary by jurisdiction and may also alter depending on the circumstances leading to the car's removal.

The law requires that the vehicles impounded under this law be stored for a period of thirty (30) days before being released.

The registered owner of this vehicle is liable for towing fees, storage charges of not more than $15.00 per day and administrative fees of up to $150.00.

The impound fees pay for a Records Specialist position in the Police department who has responsibility for collection of impound fees and oversight of the impound function.


Recreation in Lieu Fee Fund
Recreation in Lieu fees were previously collected in the General Fund in FY 11/12 and segregated out into their own fund in FY 12/13. These are fees paid by developers to the Town in lieu of building pocket parks or other recreational amenities within constructed subdivisions.

The budgeted capital outlay of these funds is for a restroom facility at Steam Pump Ranch along the CDO multi-use trail at the back of the property.

Fleet Maintenance Fund
Fleet Maintenance is an internal service fund. Each department that maintains a fleet of vehicles and/or equipment contributes to this fund based on their respective fleet size and related costs. The Fleet Maintenance is responsible for the preventive maintenance and repair of the town’s fleet of vehicles and heavy equipment. This is accomplished through the combination of service contracts and staff.

The budget for these funds for 2012-13 follows:

Amounts	S&F General Fund	S&F State Fund	Minicipal Debt Service Fund	Oracle Road Improvement District Fund	Impound Fee Fund	Recreation In Lieu	Fleet Maintenance Fund
Beginning Balance:	582,189	292,924	1,230,658	4,115	-	185,240	-
Revenues:	250,000	175,000	339,490	367,578	47,503	-	638,737
Expenditures:
Personnel	128,410	64,206	-	-	47,503	-	72,437
Operations and Maintenance	-	-	10,000	2,720	-	-	566,300
Debt Service		-	644,080	367,578	-	-	-
Capital	-	-	-	-	-	130,188	-
Total Expenditures:	128,410	64,206	654,080	370,298	47,503	130,188	638,737
Change in Fund Balance:	121,590	110,794	(314,590)	(2,720)	-	(130,188)	-
Ending Fund Balance:	703,779	403,718	916,068	1,395	-	55,052	-

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