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FIDUCIARY FUNDS <br /> <br />Fiduciary Funds account for assets held by the City for the benefit of others. <br />These trust funds may be further classified as expendable or non-expendable. <br />Currently existing trust funds are <br /> <br />Expendable Trust Funds: <br /> <br />Library Memorial Fund <br /> <br />This fund accounts for donations given for books in memory or honor of citizens. <br />J. p. Poteet Trust Fund <br /> <br />This fund is an expendable trust for library related purposes as specified in <br />the associated will. <br /> <br />Wilbor-Deshong Trust Fund <br /> <br />This fund is an expendable trust for library related purposes as specified in <br />the associated will. <br /> <br />w. B. and Kathryn Vaughn Memorial Fund <br /> <br />This fund accounts for donations given for major acquisitions in memory of the <br />Vaughns. <br /> <br />Non-Expendable Trust Funds: <br /> <br />J. A. Love Trust Fund <br /> <br />This fund accounts for a non-expendable trust established by bequest for library <br />related activities. <br /> <br />Gibbs Library Fund <br /> <br /> This fund accounts for a non-expendable trust established by contributions from <br /> individuals for history related materials. <br /> <br /> Malone H. Love Memorial Fund <br /> <br /> This fund accounts for a non-expendable trust established by bequest for library <br /> related activities. <br /> <br /> Agency Fund: <br /> <br /> Economic Development Fund <br /> <br /> This fund accounts for the activity of the Paris Economic Development <br /> Corporation, a non-profit organization organized to promote, assist, and <br /> enhance economic development activities for the City of Paris. <br /> <br /> <br />