HomeMy WebLinkAbout38. 13-539
NOVEMBER 26, 2013 13-539 RESOLUTION
(CARRIED___7-0___ LOST _______ LAID OVER _______ WITHDRAWN _______)
PURPOSE: RESOLUTION ADDING A SPECIAL REVENUE FUND FOR GASB
STATEMENT #54 REPORTING
INITIATED BY: FINANCE DEPARTMENT
WHEREAS, Governmental Accounting Standards Board (GASB) Statement #54
requires governmental entities to identify special revenue funds;
NOW, THEREFORE, BE IT RESOLVED by the Common Council for the City of
Oshkosh that pursuant to the provisions of GASB Statement #54, the City of Oshkosh
hereby establishes and designates the following fund:
Special Revenue Funds – Committed
Garbage Collection and Disposal Program
Franchise fees, service fees, intergovernmental revenues, special charges, grants,
donations, and other resources of the Special Revenue Funds shall be “committed”
for the salary, fringe benefits, equipment, projects, travel, training, support charges,
and other operational expenses of this fund.