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Financial Report - Moreno Valley

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SPECIAL REVENUE FUNDS:<br />

State Gasoline Tax Fund<br />

NONMAJOR GOVERNMENTAL FUNDS<br />

This fund is used to account for the City’s share of state gas tax revenue restricted for street<br />

improvement and maintenance. The revenue is apportioned under the Streets and Highway<br />

Code of the State of California.<br />

Article 3 Transportation Fund<br />

This fund is used to account for the City’s share of Article 3 revenue restricted for construction of<br />

pedestrian and bikeway projects.<br />

Measure A Fund<br />

This fund is used to account for the City’s share of the Riverside County half-cent sales tax<br />

restricted for transportation projects.<br />

Law Enforcement Fund<br />

This fund is used to account for revenue from several grants restricted for law enforcement. The<br />

grants include the ABC Police Grant Fund, the Local Law Enforcement Block Grant (LLEBG),<br />

Supplemental Law Enforcement Services Fund (SLESF), Office of Traffic Safety Grant (OTS),<br />

Edward Byrne Memorial Justice Assistance Grant (JAG), and the 2008 COPS Tech Program<br />

Grant Fund.<br />

Other Grants Fund<br />

This fund is used to account for revenues and expenditures received from various governmental<br />

agencies and other sources for multiple purposes including energy efficiency, public safety, and<br />

support of the City’s cable television channel, MVTV-3.<br />

Air Quality Management Fund<br />

This fund is used to account for the City’s share of the State AB 2766 funds. The revenue is<br />

apportioned to cities by the South Coast Air Quality Management District and is restricted for<br />

programs to reduce air pollution from mobile sources pursuant to the California Clean Air Act of<br />

1988.<br />

Community Development Block Grant Fund<br />

This fund is used to account for federal funds received from the U.S. Department of Housing and<br />

Urban Development – Community Development Block Grant Program to be used for the<br />

development of suitable housing environment and expansion of economic opportunities for low<br />

and moderate income families.<br />

Special Districts Administration Fund<br />

This fund is used to account for the coordination and administration of all special assessments<br />

districts formed within the City for infrastructure improvements.<br />

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