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Complete Document - City of Auburn

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<strong>City</strong> <strong>of</strong> <strong>Auburn</strong>Description <strong>of</strong> and Trends in Internal Service FundsDescription <strong>of</strong> Internal Service FundsInternal service funds are funds used to account for the financing <strong>of</strong> goods andservices provided by one department or agency to other departments or agencies <strong>of</strong>the <strong>City</strong>, on a cost-reimbursement basis.Liability Risk Retention Fund accounts for the costs <strong>of</strong> operating and the reservesprovided for by the <strong>City</strong>’s general liability and workers compensation self-insuranceprogram.Employee Benefit Self-Insurance Fund accounts for the cost <strong>of</strong> operating and thereserves provided for the <strong>City</strong>’s self-insurance employee benefit program.$4,000,000$3,000,000$2,000,000$1,000,000$-FY 04* FY 03* FY 02^ FY 01** FY 00**Beginning Fund Equities Revenues & OFS Expenditures & OFU Ending Fund Equities* Budgeted amounts^ Actual amounts, unaudited**Audited267

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