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Budget Committee August 7, 1999 Page 3 are accounted for in this particular fund. Mr. Anderson also advised that another area that the City gets a lot of grants is the law enforcement, and when we discuss the General Fund, they would be talking about law enforcement grants because the police is in the General Fund. Mr. Anderson said the City was allowed and can under the rules that we are restricted by account for those grants in the General Fund. What the Federal Government requires the City to do most of the time is to have a separate bank account, but it can be in the same fund. Mr. Anderson asked the Committee to go to the next page, which are additional specialized funds. There is the Think Child Safety Fund, which you are familiar with. Mr. Anderson explained that this revenue is generated by promotional like activities and the funds generated are used in that program. The next fund is the Criminal Justice Grant Fund which was set up probably ten years ago when we got our first Drug Task Force Grant. The City is required to account for this in a separate account. Mr. Anderson said the next fund is the Paris Economic Development Corporation, which is a separate entity, but it is closely related to the City, and since they do not have any paid staff of their own, other than they pay part of Gary Vest's salary and his assistant's salary's; therefore, the City does all of the PEDC's accounting work for them since it is sales tax. Mr. Anderson pointed out the Capital Project Fund and explained that originally the City thought they were going to be able to get a grant for $2,400,000.00 to do infrastructure type things, but the City did not get the grant. Mr. Anderson advised that the point he was trying to make is there is no such thing as the City having one big melting pot of money, that you can move every which way. These funds are restricted to its' purpose and failure to do that can violate state and federal laws. Mr. Anderson told the Committee that the City keeps the accounting records for the Paris -Lamar County Health Department which is kind of a quas- entity that was formed in partnership many years ago with the County utilizing the old Health Department that was set up back in the Camp Maxey days. Mr. Anderson further explained that the Health Department historically had a problem with their money. They never did do a good job of keeping track of it and neither the City nor the County could keep their finger on it. Both the City and County