Description of Governmental Funds

MI Department of Treasury Uniform Chart of Accounts
Description of Governmental Funds

The General Fund should be used to account for and report all financial resources not accounted for and reported in another fund. (GASB Codification Section 1300.104). The General Fund is established at the inception of the local unit of government and continues throughout its existence.

GASB Codification Section S40.114 states, “The transactions of a service type special assessment should be reported in the fund type that best reflects the nature of the transactions, usually the general fund, a special revenue fund, or an enterprise fund ...”

A legally created service type special assessment district, including a district that is the entire unit, is a separate fiscal and accounting entity. Inclusion of the transactions of a service type special assessment district in the General Fund of a local unit in Michigan is prohibited.

Several Special Revenue Funds have been established to account for service type special assessment districts and are described in this Chart of Accounts. When one type of special assessment includes a number of districts, each district must be accounted for separately. This may be accomplished through the use of a separate fund for each district or the use of one fund with subsidiary accounts for each district.

Service type special assessments which are directly related to an enterprise fund may be accounted for in the related enterprise fund. When an enterprise fund includes multiple special assessment districts, subsidiary records of each special assessment district must be maintained.

The same requirements relating to special assessments apply when a tax is levied for a specific purpose. Refer to Special Revenue Funds for the various funds necessary.

101-General Fund

The General Fund typically serves as the chief operating fund of a local government. It is used to account for and report all financial resources except those required to be accounted for in another fund. The General Fund’s primary revenue sources are the general tax levy (not to include special tax levies or assessments), local income taxes, certain state and federal grants, and fees and charges of the General Fund departments. Most of the current activities of the local unit of government are accounted for through the General Fund. Its use is mandatory for all primary units of government (counties, townships, cities, and villages).

The cash and investments of the General Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The General Fund must operate only with an adopted budget by the governing body of the local unit as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the governing body of the local unit of government pursuant to statutory requirements as follows: Cities--1895 PA 215, MCL 87.7, MCL 88.20; Villages--1895 PA 3, MCL 65.7; Townships--Revised Statutes of 1846, MCL 41.75; Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

102-Budget Stabilization Fund

The Budget Stabilization Fund may be used in counties, cities, villages, and townships to account for funds set aside pursuant to the provisions of PA 30 of 1978, MCL 141.441 to MCL 141.445.

The fund may be established by an ordinance adopted by 2/3 of the members elected and serving on the governing body as provided in the Act. Specific requirements dictate the amounts to be transferred from the General Fund, maximum balances, and specific uses for the fund, MCL 141.443.

MCL 141.444 states in part: “Money in the budget stabilization fund may be appropriated by an ordinance or resolution adopted by a 2/3 vote of the members elected and serving of the governing body …”

The cash and investments of the Budget Stabilization Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. The earnings of the fund’s investments must be returned to the municipality's General Fund, 1978 PA 30, MCL 141.443(4).

As discussed in the Numbered Letter 2011-02, this fund should be reported as part of the General Fund. However, MCL 141.443 does not allow a return of resources to the General Fund without a 2/3 approval of the governing body and only to meet budgetary needs. Therefore, the general ledger that reports these resources should not be eliminated. It would be appropriate to continue to maintain a separate general ledger for this fund, but to report it in the annual financial statements as a component of the General Fund. Please refer to the discussion at the end of Numbered Letter 2011-02 regarding maintaining separate general ledgers, but not reporting as a fund in the financial statements.

Permanent Funds should be used to account for and report resources that are restricted to the extent that only earnings, and not principal, may be used for purposes that support the reporting government’s programs, that is, for the benefit of the government or its citizenry. (GASB Codification Section 1300.108).

151-Cemetery Trust Fund

This fund is used to account for money held by the local unit in trust for the perpetual care of cemetery lots. This fund has both a restricted and non-spendable fund balance. The non-spendable fund balance contains the amounts placed with the local unit in trust to be invested. The income earned on the investments would be closed to the restricted fund balance and may only be used for the perpetual care of the cemetery lots.

Statutory authorization for this fund is contained in 1937 PA 215, MCL 128.1 to MCL 128.4; 1931 PA 46, MCL 128.11 to MCL 128.16; 1915 PA 113, MCL 128.61 to MCL 128.62; 1909 PA 95, MCL 128.71 to MCL 128.74; and 1903 PA 81, MCL 128.81 to MCL 128.88.

The cash and investments of the Cemetery Trust Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. Unless the unit has transferred the endowment to a community foundation according to 1937 PA 215, MCL 128.4.

155-Endowment Fund

This fund is established only when required by the donor to account for restrictions stipulated by the donor in the gift instrument. This fund is used to account for money held by the local unit in trust for the purpose stated in the gift instrument. This fund has both a restricted and non-spendable fund balance. The non-spendable fund balance contains the amounts placed with the local unit in trust to be invested. The income earned on the investments would be closed to the restricted fund balance and may only be used for purposes stated in the gift instrument.

If an endowment fund holds funds for a charitable purpose, the cash and investments may be required to be managed and invested in accordance with 2009 PA 87, MCL 451.921 to MCL 451.931, the Uniform Prudent Management of Institutional Funds Act.

Special revenue funds are used to account for and report the proceeds of specific revenue sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects. The term proceeds of specific revenue sources establish that one or more specific restricted or committed revenues should be the foundation for a special revenue fund. (GASB Codification Section 1300.105).

GASB Codification Section S40.114 states: “The transactions of a service type special assessment should be reported in the fund type that best reflects the nature of the transactions, usually the general fund, a special revenue fund, or an enterprise fund ...”

Several special revenue funds have been established to account for service type special assessment districts and are described in this Chart of Accounts. When one type of special assessment includes a number of districts, each district must be accounted for separately. This may be accomplished through the use of a separate fund for each district or the use of one fund with subsidiary accounts for each district.

The same requirements relating to special assessments apply when a tax is levied for a specific purpose. Refer to Special Revenue Funds for the various funds necessary.

Local units must account for expenditures associated with millages or community-wide special assessments within the designated special revenue fund receiving the restricted or committed revenue. Accounting for these expenditures within the General fund and transferring funds from a special revenue fund is an unacceptable practice.

201-County Road Fund

The County Road Fund is used in each county to account for the operation of the county road commission. The fund is required by 1951 PA 51, MCL 247.662.

The County Road Fund is used to account for the receipt and expenditure of state motor vehicle fuel taxes which are earmarked by law, 1951 PA 51, for street and highway purposes, federal grants for highway purposes, taxes and special assessments for road purposes and general fund appropriations as well as State Trunkline maintenance contracts. The specific accounting procedures are prescribed by the Department of Treasury in the publication “Uniform Accounting Procedures Manual for County Road Commissions,” which is on the Local Audit and Finance Division’s website.

The cash and investments of the County Road Fund are subject to the requirements of PA 20 of 1943, MCL 129.91, and may be included in pooled cash and investment accounts.

The County Road Fund must operate only with a budget adopted by the board of county road commissioners as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the board of county road commissioners pursuant to 1951 PA 51, MCL 247.662(12).

202-Major Street Fund

The Major Street Fund is used in each city or village to account for the construction and maintenance of a city or village major street system. The fund is required by 1951 PA 51, MCL 247.664(2).

The Major Street Fund is used to account for the receipt and expenditure of state motor vehicle fuel taxes which are earmarked by law, 1951 PA 51, for major street and highway purposes, federal grants for major street purposes, and general fund appropriations as well as State Trunkline maintenance contracts. Taxes and special assessments for major street purposes may be accounted for in this fund or in fund 204--Municipal Street Fund.

The cash and investments of the Major Street Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts

The Major Street Fund must operate only with a budget adopted by the city or village council as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the city or village council pursuant to: Cities--1895 PA 215, MCL 87.7, MCL 88.20; or Villages--1895 PA 3, MCL 65.7.

203-Local Street Fund

The Local Street Fund is used in each city or village to account for the construction and maintenance of a city or village local street system. The fund is required by 1951 PA 51,
MCL 247.664(2).

The Local Street Fund is used to account for the receipt and expenditure of state motor vehicle fuel taxes which are earmarked by law, 1951 PA 51, for local street and highway purposes, federal grants for local street purposes, and general fund appropriations. Taxes and special assessments for local street purposes may be accounted for in this fund or in fund 204--Municipal Street Fund.

The cash and investments of the Local Street Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. The Local Street Fund must operate only with a budget adopted by the city or village council as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the city or village council pursuant to: Cities--1895 PA 215, MCL 87.7, MCL 88.20; or Villages--1895 PA 3, MCL 65.7.

204-Municipal Street Fund

The Municipal Street Fund is used in a city or village to account for a tax levy or special assessment levy for street operations of a city or village not provided for by 1951 PA 51. It is also used in a township to account for a tax levy or special assessment for road purposes.

The Michigan Department of Treasury requires this fund in those units that levy a voted tax or special assessment for street or road improvements.

If the street/road improvements are funded with General Fund revenue, use Activity Number 446 in the General Fund to record the expenditures.

The cash and investments of the Municipal Street Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Municipal Street Fund must operate only with a budget adopted by the city or village council, or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the city or village council or township board pursuant to: Cities--1895 PA 215, MCL 87.7, MCL 88.20; Villages--1895 PA 3, MCL 65.7; or Townships--Revised Statutes of 1846, MCL 41.75.

205-Public Safety Fund

The Public Safety Fund is used in cities, villages, and townships to account for a tax levy or special assessment levy for the purpose of providing police and fire protection authorized by a vote of the electors of the local unit of government.

The Michigan Department of Treasury requires this fund in those units which levy a special voted tax or special assessment for police and fire protection.

If police and fire protection is funded with General Fund revenue, use Activity Number 345 in the General Fund.

The cash and investments of the Public Safety Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Public Safety Fund must operate only with a budget adopted by the city or village council, or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

206-Fire Fund

The Fire Fund is used in cities, villages, and townships to account for a tax levy or special assessment levy for the purpose of providing fire protection authorized by a vote of the electors of the local unit of government.

The Michigan Department of Treasury requires this fund in those units which levy a special voted tax or special assessment for fire protection.

If fire protection is funded with General Fund revenue, use Activity Numbers 336 to 344 in the General Fund.

The cash and investments of the Fire Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Fire Fund must operate only with a budget adopted by the city or village council, or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

207-Police (Or Sheriff) Fund

The Police (Sheriff) fund is used in counties, cities, villages, and townships to account for a tax levy or special assessment levy for the purpose of providing police or sheriff protection authorized by a vote of the electors of the local unit of government.

The Michigan Department of Treasury requires this fund in those units which levy a special voted tax or special assessment for police or sheriff protection.

If police or sheriff protection is funded with General fund revenue, use Activity Number 301 in the General Fund.

The cash and investments of the Police (Sheriff) fund is subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Police (Sheriff) Fund must operate only with a budget adopted by the governing body of the local unit as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

Cities, villages, and townships should refer to this as the Police fund. Counties will refer to this as the Sheriff fund.

208-Park/Recreation Fund

The Park/Recreation Fund is used to account for funds raised for operating and maintaining a park or recreation program. In counties, the fund is used to account for the operation of parks under the authority of a park board made up of the road commissioners or a ten-member board created pursuant to 1965 PA 261, MCL 46.351 to MCL 46.367, or a tax levy for the purpose of providing park or recreation activities authorized by a vote of the electors of the county. Other statutory authority for counties regarding parks is contained in 1913 PA 90, MCL 123.61 to MCL 123.68.

In cities, villages, and townships, the Park/Recreation Fund is used to account for funds raised by a tax levy for the purpose of providing park or recreation activities authorized by a vote of the electors of the local unit of government. Statutory authority is Cities and Villages--Const 1963, art 7, § 23; Townships--1905 PA 157, MCL 41.421, MCL 41.428; and City, Village, County, or Township--1917 PA 156, MCL 123.51.

The Michigan Department of Treasury requires this fund in those units that levy a special voted tax for park/recreation activities and in counties that have a separate park board.

If the park is intended to be self-sustaining through user charges, use Enterprise Fund Number 508. If park/recreation service is funded with General Fund revenue, use Activity Number 751, Parks and Recreation Department, in the General Fund.

The cash and investments of the Park/Recreation Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Park/Recreation Fund must operate only with a budget adopted by the city or village council, or county or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the city or village council, or county or township board pursuant to: Counties--1851 PA 156, MCL 46.11(g); County Park Board--1965 PA 261, MCL 46.351 to MCL 46.367 et seq.; Cities--1895 PA 215, MCL 87.7, MCL 88.20; Villages--1895 PA 3, MCL 65.7; or Townships--Revised Statutes of 1846, MCL 41.75.

209-Cemetery Fund

The Cemetery Fund is used in cities, villages, and townships to account for a tax levy for the purpose of operating a cemetery authorized by a vote of the electors of the local unit of government.

The Michigan Department of Treasury requires this fund in those units that levy a special voted tax for cemetery operations.

If cemetery operations are funded with General Fund revenue, use Activity Number 567 in the General Fund.

The Cemetery Fund (for operations) must not be confused with fund 151--Cemetery Trust Fund that must be used for cemetery perpetual care funds.

The cash and investments of the Cemetery Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Cemetery Fund must operate only with a budget adopted by the city, village council, or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

210-Ambulance Fund

The Ambulance/EMS Fund is used in counties, cities, villages, and townships to account for a tax levy for the purpose of providing ambulance services authorized by a vote of the electors of the local unit of government.

The Michigan Department of Treasury requires this fund in those units that levy a special voted tax for ambulance operations.

If the Ambulance Fund is intended to be self-sustaining through user charges, use Enterprise Fund Number 505. If ambulance service is funded with General Fund revenue, use Activity Number 651, Ambulance, in the General Fund.

The cash and investments of the Ambulance Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Ambulance Fund must operate only with a budget adopted by the city or village council, or county or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the city or village council or the county or township board pursuant to: Cities--1895 PA 215, MCL 87.7, MCL 88.20; Villages--1895 PA 3, MCL 65.7; Townships--Revised Statutes of 1846, MCL 41.75; or Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

212-Liquor Law Enforcement Fund

The Liquor Law Enforcement Fund is used in cities, villages, and townships which do not have a full-time police or enforcement department to account for the distribution of State liquor law enforcement money to the local unit of government for enforcing the Liquor Control Act.

This fund is required by the Michigan Department of Treasury in those units which do not have a full-time police or law enforcement department. A separate Liquor Law Enforcement Fund should not be established when the local unit has a full-time police or law enforcement department.

If liquor law enforcement is funded with General Fund revenue, use Activity Number 330, Liquor Law Enforcement, in the General Fund.

The cash and investments of the Liquor Law Enforcement Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Liquor Law Enforcement Fund must operate only with a budget adopted by the city or village council, or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a. All claims (expenditures) must be approved by the city or village council or the township board pursuant to: Cities--1895 PA 215 of, MCL 87.7, MCL 88.20; Villages--1895 PA 3, MCL 65.7; or Townships--Revised Statutes of 1846, MCL 41.75.

215-Friend Of The Court Fund

The Friend of the Court Fund is used by counties to account for Friend of the Court activities required by 1982 PA 294, 295, 296, 297, and 298.

The cash and investments of the Friend of the Court Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

If Friend of the Court activities are funded with General Fund revenue, use Activity Numbers 289-291, Friend of the Court, in the General Fund.

The Friend of the Court Fund must operate only with an adopted budget by the governing body of the county as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the governing body of the county pursuant to: Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

219-Street Lighting Fund

The Street Lighting Fund is used in cities, villages, and townships to account for a tax levy or special assessment levy for the purpose of providing street lighting authorized by a vote of the electors of the local unit of government.

The Michigan Department of Treasury requires this fund in those units which levy a special voted tax or special assessment for street lighting.

If street lighting service is funded with General Fund revenue, use Activity Number 448, Street Lighting, in the General Fund.

The cash and investments of the Street Lighting Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Street Lighting Fund must operate only with an adopted budget by the governing body of the local unit as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

220-Lake Improvement Fund

The Lake Improvement Fund is used to account for funds raised to maintain lake improvement projects as required by 1994 PA 451, MCL 324.30901 to MCL 324.30929. The fund is classified as a special revenue fund because of the limited usage (for lake improvement only) of the revenue sources of this fund. It can be found in any local unit of government.

The Lake Improvement Fund may be authorized by:

Vote of the people authorizing a tax levy. A resolution of the governing body authorizing the segregation of money to be used for lake improvement. Creation of a special assessment district.

The Michigan Department of Treasury requires this fund in accordance with generally accepted accounting principles established by the Governmental Accounting Standard Board (GASB).

Money for the operation of this fund may be supplied by: (a) tax levy or special assessment levy; (b) an appropriation (transfer in) from the General Fund of the local unit; and (c) federal or state grants. This fund would not be used where bond issue proceeds or special assessments are used for financing the improvement. Use fund 843 to account for capital project phase and fund 893 for debt service of the project.

If the entire expense is financed by a General Fund appropriation, a separate fund should not be established. If lake improvements are funded with General Fund revenue, use Activity Number 570, Lake Improvements, in the General Fund.

This fund is subject to budgetary requirements of 1968 PA 2, MCL 141.421 to MCL 141.440a.

221-Health Department/District Health Fund

The Health Department/District Health Fund is used in counties and may be used in cities to account for the operations of a health department or district health department. The fund’s primary revenue is transfers in from the General Fund, state and federal grants, appropriations from other participating counties, charges for services, gifts, grants, bequests, or other contributions restricted for health functions by the donor. The fund is required by the Public Health Code 1978 PA 368, MCL 333.2413.

If the fund’s primary revenue source is transfers in from the General Fund, then this activity should not be accounted for as a special revenue fund (Numbered Letter 2011-02). Use Activity Number 601, Health Department, in the General Fund.

The specific accounting procedures are prescribed by the Michigan Department of Treasury in the publication, “Uniform Accounting Procedures for County/District Health Departments”, which is published by the Michigan Department of Treasury.

The cash and investments of the Health Department/District Health Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Health Department/District Health Fund must operate only with an adopted budget by the governing body of the city or county, or the district board of health as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the governing body of the local unit of government (single unit health department) pursuant to statutory requirements as follows: Cities--1895 PA 215, MCL 87.7; Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63; or the District Board of Health--1978 PA 368, MCL 333.2417.

222-Community Mental Health Fund

The Community Mental Health Fund is used in counties and in community mental health organizations and community mental health authorities that are public governmental entities separate from the county or counties that established them, to account for the operations of a community mental health agency, organization, or authority. The fund’s primary revenue is transfers in from the General Fund, state and federal grants, appropriations from other participating counties, charges for services, gifts, grants, bequests, or other contributions restricted for mental health functions by the donor. The fund is permitted by the Mental Health Code, 1974 PA 258, MCL 330.1201 to MCL 330.1245, and is required by the Michigan Department of Treasury.

The specific accounting procedures are prescribed by the Michigan Department of Treasury in the publication, “Uniform Accounting Procedures Manual for County/District Mental Health Boards.”

The cash and investments of the Community Mental Health Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Community Mental Health Fund must operate only with an adopted budget by the county board of commissioners (or organization or authority board) as required by 1968 PA 2, MCL 141.421 to MCL 141.440a. The board of a community mental health services program must annually approve the community mental health services program's operating budget for the year, 1974 PA 258, MCL 330.1226, after submission to and approval by the participating county boards.

All claims (expenditures) must be approved by the county board of commissioners (single unit community mental health agency) or the community mental health board pursuant to statutory requirements as follows: Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63; or the Community Mental Health Board--1974 PA 258, MCL 330.1204.

224-Lake Pollution Control Fund

The Lake Pollution Control Fund is used to account for funds used to maintain lake pollution control projects. It is classified as a special revenue fund because of the limited usage (for lake pollution control) of the revenue sources of this fund. This fund can be found in any local unit of government and may be authorized by:

Vote of the people authorizing a tax levy. A resolution of the governing body authorizing the segregation of money to be used for lake pollution control. Creation of special assessment district.

The Michigan Department of Treasury requires this fund in accordance with Generally Accepted Accounting Principles established by the Governmental Accounting Standard Board (GASB).

Money for the operation of this fund is supplied by: (a) tax levy or special assessment levy; (b) transfers in (an appropriation) from the General Fund of the local unit; and (c) federal or state grants. This fund would not be used when bond proceeds or special assessments are used for financing the improvement. Use fund 844 to account for the capital project phase and fund 894 for debt service on the project.

If the entire expense is financed by the General Fund, it should be recorded in Activity Number 621, Pollution Control, in the General Fund.

This fund is subject to budgetary requirements of 1968 PA 2, MCL 141.421 to MCL 141.440a.

226-Rubbish Collection Fund

The Rubbish Collection Fund is used in cities, villages, and townships to account for a tax levy or special assessment levy for the purpose of providing rubbish collection authorized by a vote of the electors of the local unit of government.

The Michigan Department of Treasury requires this fund in those units which levy a special voted tax or special assessment for rubbish collection.

If rubbish collection services are intended to be self-sustaining through user charges, use Enterprise Fund Number 596. If rubbish collection service is funded with General Fund revenue, use Activity Number 528, Rubbish Collection/Disposal, in the General Fund.

The cash and investments of the Rubbish Collection Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Rubbish Collection Fund must operate only with an adopted budget by the governing body of the local unit as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

227-Sanitary Landfill Fund

The Sanitary Landfill Fund is used in counties, cities, villages, and townships to account for a tax levy for the purpose of operating a sanitary landfill authorized by a vote of the electors of the local unit of government.

The Michigan Department of Treasury requires this fund in those units which levy a special voted tax for a sanitary landfill.

If the sanitary landfill is intended to be self-sustaining through user charges, use Enterprise Fund Number 517. If the sanitary landfill is funded with General Fund revenue, use Activity Number 526, Sanitary Landfill, in the General Fund.

The cash and investments of the Sanitary Landfill Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. The Sanitary Landfill Fund must operate only with a budget adopted by the city, village council, county, or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the city or village council, or county or township board pursuant to: Cities--1895 PA 215, MCL 87.7, MCL 88.20; Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63; Villages--1895 PA 3, MCL 65.7; or Townships--Revised Statutes of 1846, MCL 41.75.

228-Solid Waste Impact Fund

The Solid Waste Impact Fund is used in counties, cities, villages, and townships. The local unit may establish a fund to receive revenue collected (solid waste impact fees) pursuant to 1994 PA 451, MCL 324.11532(6). The fund shall be administered by a board of trustees appointed pursuant to the requirements of the Act.

The Michigan Department of Treasury requires this fund in those units that establish the Solid Waste Impact Board. Money in the trust fund may be expended, pursuant to a majority vote of the board of trustees, for any purpose that promotes the public health, safety, or welfare of the citizens of the municipality.

If the Solid Waste Impact Fund is not established, the impact fee must go to the General Fund. The impact fee revenue must be used for any purpose that promotes the public health, safety, or welfare of the citizens of the municipality.

The cash and investments of the Solid Waste Impact Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Solid Waste Impact Fund must operate only with a budget adopted by the city or village council, or county or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved pursuant to a majority vote of the fund’s board of trustees, 1994 PA 451, MCL 324.11532(8).

229-Lodging Excise Tax Fund

The Lodging Excise Tax Fund is used in counties to account for funds collected under the provisions of 1974 PA 263, MCL 141.861 to MCL 141.867, and is required by MCL 141.867.

Money for the operation of this fund is provided by the excise tax on transient room rentals and must be used for the administration of the ordinance, promoting tourism and to acquire, construct, improve, enlarge, or maintain convention and entertainment facilities.

The cash and investments of the Lodging Excise Tax Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Lodging Excise Tax Fund must operate only with a budget adopted by the county board of commissioners as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the county board pursuant to:1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

231-Parking Meter/System Fund

The Parking Meter/System Fund is to account for earmarked revenue set aside for parking operations. Revenue from parking meters should be deposited here, unless an enterprise fund is appropriate and then it should be deposited into Fund Number 514, Parking System Fund. This fund is classified as a special revenue fund because the proceeds of revenue sources are restricted or committed to expenditure for a specified purpose. The restrictions and commitments may be set forth by a revenue bond covenant, resolution, or ordinance of the local unit.

This fund can be found in any local unit of government and would be required by local unit ordinance or resolution.

The cash and investments of the Parking Meter/System Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Parking Meter/System Fund must operate only with a budget adopted by the city, village council, county, or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the city or village council, or county or township board pursuant to: Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63; Cities--1895 PA 215, MCL 87.7, MCL 88.20; Villages--1895 PA 3, MCL 65.7; or Townships--Revised Statutes of 1846, MCL 41.75.

240-Mosquito Control Fund

The Mosquito Control Fund is used in counties, cities, villages, and townships to account for a tax levy or special assessment levy for the purpose of mosquito control authorized by a vote of the electors of the local unit of government.

The Michigan Department of Treasury requires this fund in those units which levy a special voted tax or special assessment for mosquito control. If mosquito control is funded with General Fund revenue, use Activity Number 620, Mosquito Control, in the General Fund.

The cash and investments of the Mosquito Control Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Mosquito Control Fund must operate only with a budget adopted by the city or village council, or county or township board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the city or village council, or county or township board pursuant to: Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63 Cities--1895 PA 215, MCL 87.7, MCL 88.20; Villages--1895 PA 3, MCL 65.7; or Townships--Revised Statutes of 1846, MCL 41.75.

241-Planning Commission Fund - Regional

This fund is used to account for funds earmarked for the Regional Planning Commission. It is classified as special revenue because of the limited usage (for regional planning purposes) of the revenue sources.

The Planning Commission Fund-Regional is usually found in county government where two or more local units agree to establish a Regional Planning Commission. The fund is permitted by 1945 PA 281, MCL 125.11 to MCL 125.25, and is required by the Michigan Department of Treasury. It may also be used by a city, village, or township under the authority of 2003 PA 226, MCL 125.131 to MCL 125.143, the Joint Municipal Planning Act.

The cash and investments of the Planning Commission Fund-Regional are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The fund is used to account for money provided by: (a) state grants; (b) federal grants; and (c) transfers in (appropriations) from the local units involved.

This fund is subject to budgetary requirements of 1968 PA 2, MCL 141.421 to MCL 141.440a.

242-Local Brownfield Revolving Fund

A Brownfield Redevelopment Authority may establish a Local Brownfield Revolving Fund. A Local Brownfield Revolving Fund shall consist of money available under section 13(5) of 1996 PA 381, MCL 125.2663, and may also consist of money appropriated or otherwise made available from public or private sources. An authority shall separately account for money deposited to the fund that is directly derived from tax increment revenues levied for school operating purposes.

This fund may be found in counties, cities, or urban townships.

The Local Brownfield Revolving Fund may be used only to pay the costs of eligible activities on eligible property that is located within the municipality.

An authority or a municipality on behalf of an authority may incur an obligation for the purpose of funding a Local Brownfield Revolving Fund.

The Michigan Department of Treasury requires this fund in those units that establish the authority. Money in the fund may be expended for the purpose of the Act.

The cash and investments of the Brownfield Redevelopment Authority Local Brownfield Revolving Fund may be at the authority’s discretion, MCL 125.2657(1)(k). This authorization would be subject to the prohibition of investing in stock of any company in Const 1963, art 9, § 19. The Department of Treasury recommends that the cash and investments be in compliance with the requirements of 1943 PA 20, MCL 129.91. The cash and investments must be in accordance with 1943 PA 20 if the local unit’s treasurer is appointed treasurer of the Brownfield Redevelopment Authority.

243-Brownfield Redevelopment Authority Fund

The Brownfield Redevelopment Authority Fund is used in counties, cities, villages, and townships. The local unit may establish an authority under the Brownfield Redevelopment Financing Act, 1996 PA 381, MCL 125.2651 to MCL 125.2672, to administer the activities authorized under the Act. The authority shall be administered by a board appointed pursuant to the requirements of the Act, MCL 125.2655.

This fund is used to account for the activities of the authority. The Act requires a Local Brownfield Revolving Fund when the authority receives funds directly from tax increment revenues levied for school operating purposes. See fund number 242.

The Michigan Department of Treasury requires this fund in those units that establish the authority. Money in the fund may be expended for the purposes specified in the Act.

The cash and investments of the Brownfield Redevelopment Authority Fund may be invested at the authority’s discretion, MCL 125.2657(1)(k). This authorization would be subject to the prohibition of investing in stock of any company in Const 1963, art 9, § 19. The Michigan Department of Treasury recommends that the cash and investments be in compliance with the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. If the local unit’s treasurer is appointed treasurer of the authority, 1943 PA 20, must be complied with.

The Brownfield Redevelopment Authority Fund must operate only with a budget adopted by the authority board as required by 1996 PA 381, MCL 125.2668, and 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the authority’s treasurer and director (if appointed), MCL 125.2656(2).

244-Economic Development Corporation Fund

The Economic Development Corporation Fund is used in counties, cities, villages, and townships. The local unit may establish an authority under the Economic Development Corporation Act, 1974 PA 338, MCL 125.1601 to MCL 125.1636, to administer the activities authorized under the Act, MCL 125.1607.

The corporation shall be administered by a board of directors appointed pursuant to the requirements of the Act, MCL 125.1604.

This fund is used to account for the activities of the authority.

The Michigan Department of Treasury requires this fund in those units that establish the authority. Money in the fund may be expended for the purposes specified in the Act.

The cash and investments of the Economic Development Corporation Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. The Economic Development Corporation Fund must operate only with a budget adopted by the corporation board as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

247-Tax Increment Finance Authority Fund

The Tax Increment Finance Authority Fund is used in cities. The local unit may establish an authority under the Tax Increment Finance Authority Act, 1980 PA 450, MCL 125.4301 to 125.4329 to MCL 125.1830, to administer the activities authorized under the Act. The authority shall be administered by a board appointed pursuant to the requirements of the Act, MCL 125.4304.

This fund is used to account for the activities of the authority.

The Michigan Department of Treasury requires this fund in those units that establish the authority. Money in the fund may be expended for the purposes specified in the Act.

The cash and investments of the Tax Increment Finance Authority are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Tax Increment Finance Authority must operate only with a budget adopted by the authority board as required by 1980 PA 450, MCL 125.4325 and 1968 PA 2, MCL 141.421 to MCL 141.440a. The Tax Increment Finance Authority budget must be approved by the local unit governing body before being adopted by the Tax Increment Finance Authority Board.

248-Downtown Development Authority Fund

The Downtown Development Authority Fund is used in cities, villages, and townships. The local unit may establish an authority under the Downtown Development Authority Act, \ PA Act 57 of 2018, MCL 125.4201 to 125.4230 to administer the activities authorized under the Act. The authority shall be administered by a board appointed pursuant to the requirements of the Act, MCL 125.4204

This fund is used to account for the activities of the authority.

The Michigan Department of Treasury requires this fund in those units that establish the authority. Money in the fund may be expended for the purposes specified in the Act.

The cash and investments of the Downtown Development Authority are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Downtown Development Authority must operate only with a budget adopted by the authority board as required by, MCL 125.4228, and 1968 PA 2, MCL 141.421 to MCL 141.440a. The Downtown Development Authority budget must be approved by the local unit governing body before being adopted by the Downtown Development Authority Board.

All claims (expenditures) must be approved by the authority’s treasurer and director, MCL 125.4205.

249-Building Department Fund

The Building Department Fund is used in each county, city, village, and township to account for revenues earmarked for building construction code enforcement activities. The fund is required by Section 22(1) of 1972 PA 230, MCL 125.1522(1).

The Building Department Fund is used to account for the revenue and expenditures related to the cost of operating the enforcing agency under the provisions of the State Construction Code Act. Typically, the enforcing agency is the building department or planning department issuing building permits; examining plans and specifications; inspecting construction before issuing building permits; and issuing certificates of use and occupancy. The use of fees generated under this Act can only be used for the operation of the enforcing agency, construction board of appeals, or both, and shall not be used for any other purpose.

If the Building Department Fund is intended to be self-sustaining through user charges, use Enterprise Fund Number 549.

If the Building Department is not intended to be self-sustaining through user charges, this special revenue fund may be used or Activity Number 371, Building Department, in the General Fund. An activity in the General Fund requires specific note disclosures that demonstrate that the activity is not self-sustaining.

The cash and investments of the Building Department Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Building Department Fund must operate only with a budget adopted by the county board of commissioners, township board, or city or village council as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the legislative board or council pursuant to:
Cities--1895 PA 215, MCL 87.7, MCL 88.20; Villages--1895 PA 3, MCL 65.7; Townships--Revised Statutes of 1846, MCL 41.75; Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

250-Local Development Finance Authority Fund

The Local Development Finance Authority Fund is used in cities, villages, and urban townships. The local unit may establish an authority under the Local Development Finance Authority Act, Act 57 of 2018, MCL 125.4401 to 125.4420, to administer the activities authorized under the Act. The corporation shall be administered by a board appointed pursuant to the requirements of the Act, MCL 125.4405.

This fund is used to account for the activities of the authority.

The Michigan Department of Treasury requires this fund in those units that establish the authority. Money in the fund may be expended for the purpose of the Act.

The cash and investments of the Local Development Finance Authority are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. The Local Development Finance Authority must operate only with a budget adopted by the authority board as required by MCL 125.4419 and 1968 PA 2, MCL 141.421 to MCL 141.440a. The Local Development Finance Authority budget must be approved by the local unit governing body before being adopted by the Local Development Finance Authority Board.

255-Property Tax Exemption Fund

The Property Tax Exemption Fund is used in counties to account for revenues from Property Tax Exemptions. Property Tax Exemption programs help property owners, who qualify, to continue to afford to keep their property by deferring the payment of their property taxes. If approved, tax payments are made directly to the County on behalf of the participant for the amount due.

The cash and investments of the Property Tax Exemption Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Property Tax Exemption Fund must operate only with a budget adopted by the county board of commissioners as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the legislative council pursuant to:
Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

256-Register Of Deeds Automation Fund

The Register of Deeds Automation Fund is used in counties to account for funds set aside under provisions of 2002 PA 698, MCL 600.2567 to MCL 600.2568. The fund was created for upgrading technology in the county register of deeds office under the Revised Judicature Act, MCL 600.101 et seq.

Upgrading technology is defined to include the design and purchase of equipment and supplies and implementation of systems and procedures. The procedures must allow the register of deeds office to receive, enter, record, certify, index, store, search, retrieve, copy, and otherwise process (by automated procedures and advanced technology) documents, instruments, abstracts, maps, plats, and other items recorded and maintained by the register of deeds.

MCL 600.2567 states “… the register of deeds shall deposit $5.00 of the total fee collected for each recording into the automation fund if a fund has been established under section 2568. …” The total number of deeds, mortgages, certified copies of an attachment, notices of the pendency of a suit, and other instrument documents recorded should be tallied at the end of each day and then multiplied by $5.00 to determine the amount that will be deposited in the Register of Deeds Automation Fund. MCL 600.2568 also requires the county treasurer to direct investment of the fund and to credit interest and earnings from the investments to the fund.

The cash and investments of the Register of Deeds Automation Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Register of Deeds Automation Fund must operate only with an adopted budget by the county board of commissioners as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the county board of commissioners pursuant to 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

258-Disaster Contingency Fund

The Disaster Contingency Fund may be found in any county or local unit. This fund is used to account for earmarked revenue for disaster contingency provisions. Disaster contingency provisions include providing for planning, mitigation, response, and recovery from natural and human-made disasters within and outside this state.

The cash and investments of the Disaster Contingency Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Disaster Contingency Fund must operate only with a budget adopted by the county board of commissioners, township board, city, or village council as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

260-Indigent Defense Fund

The Indigent Defense Fund may be found in applicable counties, cities, or townships. This fund is used to account for earmarked state grant revenue and mandated local share contributions to provide indigent defendants in criminal cases with effective assistance of counsel. This fund is required by the Michigan Indigent Defense Commission (MIDC) Act, Public Act 93 of 2013, as amended.

Indigent Defense state grants must only be used to bring an indigent criminal defense system into compliance with the minimum standards established by the MIDC in accordance with the MIDC Act. Local units should contact the MIDC for more information on the standards and what types of expenditures would comply with them.

Grants from the MIDC must be classified as a state grant revenue. If no other state grants are received within the fund, use of the State Grants Control 260-000-539 may be used. Otherwise use Indigent Defense Grant 260-000-571.

The revenue should be recognized when all eligibility requirements are met. If a grant is received prior to eligibility requirements being met, a deferred inflow must be recorded instead of a revenue until those requirements are completed.

The cash and investments of the Indigent Defense Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Indigent Defense Fund must operate only with a budget adopted by the local unit governing body as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the legislative board or council pursuant to: Cities--1895 PA 215, MCL 87.7, MCL 88.20; Townships--Revised Statutes of 1846, MCL 41.75; Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

261-911 Service Fund

The 911 Service Fund may be found in any county or local unit having budgetary authority over an agency that provides 911 services. This fund is used to account for earmarked revenue for the 911 service under the provisions of Act 260 of 2012, MCL 484.1102 to 484.1717. The 911 Service Fund may be established by resolution of the governing body of the county. It accounts for the assets, liabilities, revenues, and expenditures authorized by the 911 service plan.

Money for the operation of this fund is provided by the service supplier. Expenditures made pursuant to this Act are to be used exclusively for the operation of the 911 system and the enhanced 911 system for wireless services. Separate activity numbers must be used for the 911 system and the wireless system.

The cash and investments of the 911 Service Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The 911 Service Fund must operate only with a budget adopted by the county board of commissioners, township board, city, or village council as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

262-Federal Forfeitures Fund

The Federal Forfeitures Fund may be found in any local unit. This fund is required for local units participating in the Justice Department Equitable Sharing Program. This fund is subject to laws, rules, regulations, and orders of the state or local jurisdiction governing the use of public funds.

The cash and investments of the Federal Forfeitures Fund are subject to the requirements of 1943 PA 20, MCL 129.91. Federal guidelines may require the use of a separate bank account. Guides for the Department of Justice Equitable Sharing Program may be found at the US Department of Justice website.

263-Concealed Pistol Licensing Fund

The Concealed Pistol Licensing Fund may be found in any county. The fund is authorized by 1927 PA 372, MCL 28.425a, which became effective December 1, 2015. A county sheriff who makes a determination under this section, performs a criminal record check, and takes the applicant's fingerprints, may charge a fee not to exceed $15.00. The county clerk may charge a fee not to exceed $10.00 for printing an emergency license. The county clerk shall deposit the fee collected under this subsection in the Concealed Pistol Licensing Fund of that county.

MCL 28.425x states:

Each county shall establish a concealed pistol licensing fund for the deposit of fees collected for the county clerk under this act. The county treasurer shall direct investment of the concealed pistol licensing fund and shall credit to the fund interest and earnings from fund investments.

(2) Money credited to the county concealed pistol licensing fund shall be expended in compliance with the uniform budgeting and accounting act, 1968 PA 2, MCL 141.421 to 141.440a, subject to an appropriation. Expenditures from the county concealed pistol licensing fund shall be used by the county clerk only for the cost of administering this act. Allowable expenditures include, but are not limited to, any of the following costs of the county clerk:

Staffing requirements directly attributable to performing functions required under this act.

Technology upgrades, including technology to take fingerprints by electronic means.

Office supplies.

Document storage and retrieval systems and system upgrades.

The cash and investments of the fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. The county clerk makes deposits of collections with the county treasurer at least monthly. Any deposits due to the State of Michigan must be made quarterly by the county treasurer.

All claims (expenditures) must be approved by the county board of commissioners pursuant to 1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

264-Local Corrections Officers Training Fund

The Local Corrections Officers Training Fund may be found in any county. The fund is authorized by 2003 PA 124, which became effective October 1, 2003, which amended chapter 171 of the Revised Statutes of 1846 related to county jails and regulations thereof, by adding a new section, MCL 801.4b, to the Act. The amendment to the Act regulates county jails by imposing a $12.00 booking fee on each inmate when first admitted into a county jail. The booking fee, when collected, is used as a source of revenue for local correctional officers training programs.

The Act requires that $2.00 of the booking fee go to the State of Michigan for deposit into a fund at the State level titled, "Local Corrections Officers Training Fund," as created under 2003 PA 125, MCL 791.545. The county retains the balance of $10.00 if the Sheriffs Coordinating and Training Council, established in 2003 PA 121, certifies the County’s training program.

The cash and investments of the fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. The county sheriff makes deposits of collections with the county treasurer at least monthly. Any deposits due to the State of Michigan must be made quarterly by the county treasurer. The Local Corrections Officers Training Fund must operate only with a budget adopted by the county board of commissioners as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the county board of commissioners pursuant to 1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

265-Drug Law Enforcement Fund

The Drug Law Enforcement Fund is used in any local unit of government that has budgetary authority over an agency that may seize property involved in the violation of controlled substances statutes, 198 PA 368, MCL 333.7523 to MCL 333.7524.

Authorized expenditures include expenses of seizure, forfeiture, and sale of property. The balance remaining must be used to enhance law enforcement efforts.

The cash and investments of the Drug Law Enforcement Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Drug Law Enforcement Fund must operate only with an adopted budget by the governing body of the local unit as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

266-Law Enforcement Fund

The Law Enforcement Fund is used to account for earmarked revenue set aside for law enforcement.

The Law Enforcement Fund is classified as special revenue because of the limited usage (for law enforcement) of its revenue sources.

The Law Enforcement Fund is found: (1) in counties which contract with other local units to provide law enforcement assistance; (2) in the headquarters unit of an agency comprised of local units using a single law enforcement agency; and (3) in any unit receiving a law enforcement grant which must be accounted for separately.

Money for the operation of this fund is normally supplied by: (a) contractual payments from local units to counties; (b) appropriations from each member unit of an agency; or (3) restricted state or federal grants for law enforcement. It is not mandatory to establish this fund. The activity may instead be recorded in a General Fund activity number within the public safety function.

The cash and investments of the Law Enforcement Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Law Enforcement Fund is subject to the budgetary requirements of 1968 PA 2, MCL 141.421 to MCL 141.440a.

267-Special Investigative Fund

The Special Investigative Fund is used to account for funds specifically designated for special investigations by law enforcement officials.

The Special Investigative Fund is classified as special revenue because of the limited uses of its revenue sources (for special investigations).

The Special Investigative Fund should be set up by resolution of the governing body of the local unit, when the local unit receives a grant for special investigation, or when the local unit receives a contribution from private sources or public sources to conduct or continue a special investigation. Funds to operate this fund would come from local or private contributions, state or federal grants, or General Fund transfers in (appropriations).

The cash and investments of the Special Investigative Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Special Investigative Fund is subject to budgetary requirements of 1968 PA 2, MCL 141.421 to MCL 141.440a.

268-Library System Fund

The Library System Fund is used to account for earmarked revenue set aside for library purposes. The fund is classified as special revenue because of the limited usage (for library purposes) of the revenue sources of this fund.

This fund may be found in any local unit to account for the operation of a library system when more than one unit operates the library. If there is only a single local unit, use fund 271, Library Fund.

Money for the operation of this fund is provided by: (a) General Fund transfers in (appropriations); (b) money appropriated by other units in the system; (c) penal fines from fund 721; and (d) book fines and penalties. Note: The unit that is to establish the fund and do the accounting is picked by the Library Board.

The cash and investments of the Library System Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

This fund is subject to budgetary requirements of 1968 PA 2, MCL 141.421 to MCL 141.440a.

269-Law Library Fund

The Law Library Fund is used in counties for the maintenance of the county law library. The fund’s primary revenue is a specified portion of the penal fines collected each year by the county courts. The fund is required by 1961 PA 236, MCL 600.4851.

The cash and investments of the Law Library are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in a pooled cash and investment account.

The Law Library Fund must operate only with an adopted budget by the county board of commissioners as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the county board of commissioners pursuant to 1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

270-Historical Commission/Museum Fund

The Historical Commission/Museum Fund is used in any local unit of government to account for restricted revenue for the operation of a historical society and/or museum.

The governing body of a city, village, township, or county may raise and appropriate money for the purpose of fostering any activity or project which the governing body determines will advance the historical interest of the local unit of government. The governing body may create by ordinance a historical commission, provide for its appointment, and prescribe its functions. A city, village, township, or county creating a historical commission may issue revenue bonds pursuant to 1933 PA 94, MCL 141.101 to MCL 141.139, for carrying out the functions of the commission.

The cash and investments of the Historical Commission/Museum Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Historical Commission/Museum Fund must operate only with an adopted budget by the governing body of the local unit as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

271-Library Fund

The Library Fund is used in any local unit of government to account for restricted revenue for the operation of a library. Statutory authority establishing a library board is Counties--1917 PA 138, MCL 397.301; Cities, Villages, and Townships--1877 PA 164, MCL 397.201 to MCL 397.217.

A separate fund is required for a library that is established with a separate library board.

The cash and investments of the Library Fund are subject to the requirements of 1943 PA 20,
MCL 129.91, and may be included in pooled cash and investment accounts.

The library board is responsible for budgeting and expending library funds in accordance with the requirements of 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the library board pursuant to: Counties--1917 PA 138, MCL 397.304; Cities, Villages and Townships--1877 PA 164, MCL 397.205.

282-Cares Act

This fund was established to account for federal relief provided under the 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act. As the CARES Act funding stream has concluded and no new allocations are anticipated, this fund is no longer actively used for new transactions. Once all related activities and reconciliations are finalized, this account should be formally closed.

283-Land Bank Fund

This fund may be used to record activities for land bank operations. It is classified as a special revenue fund because of the limited usage of the revenue sources of this fund. Enterprise Fund 536 is also available for land bank activities, as the land bank operations are self-supporting, and the fund sells goods and services to the public for a fee. Local governments may choose to use either fund for the activities or consult their auditors.

284-Opioid Settlement Fund

This fund should be used to record activities related to the opioid settlement. It is classified as a special revenue fund because of the limited usage of the revenue sources of this fund. For detailed requirements, please refer to the settlement agreement.

288-Transportation System Fund

The Transportation System Fund is used to record the operations of a bus line or other transportation operation. It is classified as special revenue because of the restricted or committed usage of its revenue sources and it is not required to be reported as an enterprise fund according to GASB codification section 1300.109.

This fund may be found in any local unit. It is used to record the revenue and expenditures for the operation of a transportation system. We recommend that the capital assets of the system be recorded in a separate capital asset account group in which depreciation is to be calculated and recorded, for the purpose of accumulating information required to be reported in the government-wide financial statements. If the Transportation System Fund is intended to be self-sustaining through user charges, use the Enterprise Fund Number 588 - Transportation System Fund.

This fund is established by resolution of the governing body of the local unit when they accept the applicable state/federal grants. Money for the operation of this fund is derived from: (a) local unit appropriations; (b) other local contributions; (c) charges to the users of the system; and (d) federal and state grants. This fund is subject to the budgetary requirements of 1968 PA 2, MCL 141.421 to MCL 141.440a.

The cash and investments of the Transportation Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

289-Automobile Theft Prevention Fund

The Automobile Theft Prevention Fund is used in any unit of government that receives a grant from the State of Michigan for automobile theft prevention in accordance with 1956 PA 218, MCL 500.6107.

The cash and investments of the Automobile Theft Prevention Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Automobile Theft Prevention Fund must operate only with an adopted budget by the governing body of the local unit, as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the governing body of the local unit of government as follows: Cities--1895 PA 215, MCL 87.7, MCL 88.20; Villages--1895 PA 3, MCL 65.7; Townships--Revised Statutes of 1846, MCL 41.75; Counties--1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

290-Social Welfare Fund

The Social Welfare Fund is used in counties to account for the operations of the County Department of Human Services. The fund’s primary revenue is State grants and refunds/reimbursements from the State for program expenditures. The fund is required by 1939 PA 280, MCL 400.73a.

The cash and investments of the Social Welfare Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Social Welfare Fund must operate only with an adopted budget by the governing body of the county board of commissioners, as required by 1968 PA 2, MCL 141.421 to MCL 141.440a. The human services board must annually approve the Social Welfare Fund operating budget for the year, after submission to and approval by the county board of commissioners.

All claims (expenditures) made from General Fund appropriations must be approved by the human services board and all other expenditures must be approved in accordance with rules established by the Michigan Department of Health and Human Services.

291-Medical Care Facility Fund

This fund may be used by a county to record the operation of the County Medical Care Facility. It is classified as special revenue because its revenue sources are used solely for operation of the Medical Care Facility. Use fund 512 if the Medical Care Facility is to be treated as an Enterprise Fund.
This fund is established in each county having a medical care facility. It is authorized and required by the Michigan Department of Treasury and the Michigan Department of Health and Human Services in order to account separately for the operation of the Medical Care Facility.

This fund is used to account for money for Medical Care Facility operations which is: (a) provided by county General Fund transfers (appropriations); (b) received from the State and Federal Government; (c) from reimbursements for care at the facility; and (d) received from any other source for facility use.

This fund is subject to budgetary requirements of 1968 PA 2, MCL141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the county human services board pursuant to MCL 400.45(2)(a).

292-Childcare Fund

The Childcare Fund is used in counties to account for the foster care of children. The fund’s primary revenue is transfers in from the General Fund and state grants. The fund is required by MCL 400.117c.

The Childcare Fund may have three separate activities. 1939 PA 280, MCL 400.117c(4) provides: “... The county board of commissioners shall distinguish in its appropriations for the childcare fund the sums of money to be used by the family division of circuit court, the county family independence agency, and the agency designated by the county board of commissioners or the county executive to provide juvenile justice services. The county treasurer shall keep these segregated in proper sub-accounts.”

The cash and investments of the Childcare Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Childcare Fund must operate only with an adopted budget by the governing body of the county board of commissioners, as required by 1968 PA 2, MCL 141.421 to MCL 141.440a. The human services board and the family division of circuit court must annually submit operating budgets for the year for approval by the county board of commissioners.

293-Veterans’ Relief Fund

The Veterans’ Relief Fund is used in counties to account for assistance to indigent veterans and their families. The fund’s primary revenue is a tax levy that is not to exceed 1/10 of a mill for this specific purpose and/or a General Fund appropriation that is not to exceed 2/10 of a mill. The fund is required by 1899 PA 214, MCL 35.21.

The cash and investments of the Veterans’ Relief Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Veterans’ Relief Fund must operate only with an adopted budget by the county board of commissioners, as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the Soldiers Relief Commission 1899 PA 214, MCL 35.23, or the County Department of Veterans' Affairs by 1953 PA 192, MCL 35.622.

294-Veterans’ Trust Fund

The Veterans’ Trust Fund is used in counties to account for aid to needy veterans. The fund’s revenue is distributions by the state treasurer from the Michigan Veterans’ Trust Fund as required by 1946 PA 9, MCL 35.607.

The cash and investments of the Veterans’ Trust Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

The Veterans’ Trust Fund must operate only with an adopted budget by the county board of commissioners, as required by 1968 PA 2, MCL 141.421 to MCL 141.440a.

All claims (expenditures) must be approved by the veteran’s county board of commissioners or district committee, MCL 35.607.

295-Airport Fund

This fund is used to account for the operation and maintenance of airports. It is classified as a special revenue fund because of the limited usage of the revenue sources of this fund.

The fund may be used by any unit of government or a combination of two or more governmental units who jointly operate an airport as specified in an approved agreement.

This fund is permitted by 1945 PA 327, MCL 259.1 to MCL 259.208, 1957 PA 206, MCL 259.621 to MCL 259.631, or 1970 PA 73, MCL 259.801 to MCL 259.823. MCL 259.134 provides for a joint operating board.

This fund is required by the joint agreement establishing the airport board or authority. The Michigan Department of Treasury requires this fund to record the separate operating cost of the airport for pro-ration to the various units in accordance with the agreement. Airports may also be accounted for in General Fund Activity Number 595, Airport, or Enterprise Fund Number 581, depending on accounting treatment.

This fund is used to account for money provided by governmental units for airport operations by: (a) special voted tax levy; (b) participating governmental unit appropriations; (c) State and Federal Grants; and/or (d) charges for services.

This fund is subject to budgetary requirements of 1968 PA 2, MCL 141.421 to MCL 141.440a.

Debt Service Funds are required if they are legally mandated and/or if financial resources are being accumulated for principal and interest payments maturing in future years. (GASB Codification Section 1300.107)

Each bond and note issue of a local unit must be accounted for separately. This can be done through the use of separate funds for each debt or one fund with subsidiary accounts for each debt.

Limited full faith and credit general obligation debt payable from the general revenues of the unit of government may be paid directly from the General Fund.

Debt Service Funds are used to account for the payment of principal and interest on long-term debt. Only the matured portion of the debt is reflected in these funds, with the total amount of the debt recorded in the general long-term debt records that support the Statement of Net Position in the government-wide financial statements.

GASB Codification Section S40 states:

¶115 “[A]all transactions related to capital improvements financed by special assessments should be reported in the same manner, and on the same basis of accounting, as any other capital improvement and financing transaction.

¶ 118 “Transactions of the construction phase of the project should be reported in capital project funds or other appropriate funds. Transactions of the debt service phase should be reported in a debt service fund, if one is required ...”

Fund Numbers 801 to 850 are Capital Project Funds (Special Assessment Districts) and Fund Numbers 851 to 899 are Debt Service Funds (Special Assessment Districts). When one type of special assessment includes a number of districts, each district must be accounted for separately. This can be done through the use of separate funds for each district or one fund with subsidiary accounts for each district.

Capital projects and debt service directly related to an enterprise fund may be accounted for in the related enterprise fund. When an enterprise fund has multiple special assessment districts, subsidiary records of each district must be maintained.

The cash and investments of the Debt Service Funds are subject to the requirements of 1943 PA 20, MCL 129.91, unless the bond authorizing statute places more stringent restrictions on the investments. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

301-General Debt Service Fund

This fund is used to account for the payment of principal and interest on long-term general obligation debt other than that payable from special assessments and debt issued for and serviced primarily by an enterprise fund. This fund may be used by any unit of government.

The cash and investments of the General Debt Service Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

302-Equipment Debt Fund

The Equipment Debt Fund is used to record the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued to purchase or replace equipment. This fund may be used by any unit of government.

The Equipment Debt Fund is classified as a Debt Service Fund and is used only for the principal and interest payments made on bonds sold to acquire equipment.

This fund can be established by a resolution of the legislative body or is required by the bond ordinance. Where a separate fund is not required, we recommend that such debt retirement be included in Fund Number 301, General Debt Service Fund.

The revenue for this fund may be supplied by: (a) a General Fund appropriating transfer (appropriation); (b) a tax levied specifically for the retirement of this debt; or (c) money from any other source which is restricted to the retirement of the appropriate debt.

308-Park System Debt Fund

The Park System Debt Fund is used to record the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued for construction or acquisition of a park system. This fund may be used by any unit of government.

The Park System Debt Fund is classified as debt service and is used only for the principal and interest payments made on bonds sold to construct or acquire a park system.

This fund may be found in any local unit. It should be used when there is Park/Recreation Special Revenue Fund Number 208, or if the debt is being paid entirely by tax levy.

The revenue for this fund may be supplied by: (a) general fund appropriation transfer (appropriation); (b) a park fund appropriation; (c) a tax levied specifically for the retirement of this debt; or (d) money from any other source which is restricted to the retirement of park system debt.

311-Hospital Building Debt Fund

The Hospital Building Debt Fund is used to record the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for the building of a county or city hospital.

This fund is classified as debt service and is used only for the principal and interest payments made on bonds sold to build a hospital.

This fund may be found in any county or city. This fund should not be used when the debt is paid partially or entirely from the revenues of the Hospital Operating Fund Number 511.

The revenue for this fund is supplied by: (a) a General Fund appropriation transfer (appropriation); and/or (b) a special tax levied specifically for the retirement of this debt.

312-Industrial Complex Debt Fund

The Industrial Complex Debt Fund is used to record the payment of principal and interest on long-term debt of an industrial complex. This fund is used only for the payment of debt. Construction is handled through a Capital Projects Fund. Any bond or borrowing proceeds would be credited to such (Capital) Fund Number 412.

This fund would normally exist only in large counties or large cities.

In accordance with statutory provisions, the Michigan Department of Treasury requires that debt money raised for a specific purpose (project) be accounted for in a separate fund.

The revenue for operation of this fund may be supplied by: (a) a special voted tax; (b) restricted contributions; (c) contractual agreements; or (d) other sources for the purpose of this debt retirement.

313-Animal Shelter Debt Fund

The Animal Shelter Debt Fund is used to record the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for the building of a county or city animal shelter. This fund is classified as debt service and is used only for principal and interest payments on bonds sold to build or acquire an animal shelter.

This fund may be found in any county or city. This fund can be established by a resolution of the legislative body or is required by the bond ordinance. Where a separate fund is not required, we recommend that such debt retirement be included in Fund Number 301, General Debt Service Fund.

The revenue for this fund is supplied by: (a) a General Fund appropriation transfer (appropriation); and/or (b) a special tax levied specifically for the retirement of this debt.

314-Mental Health Debt Fund

The Mental Health Debt Fund is used to account for principal and interest on long-term debt contracted specifically for the mental health program. This fund is classified as debt service because its assets are used only for principal and interest payments on long-term debt of the mental health program.

This fund is usually found only in county government. This fund may be established by resolution of the governing body or by terms under which the borrowing was consummated. Where a separate fund is not required, we recommend that such debt retirement be included in Fund Number 301, General Debt Service Fund. The revenue for this fund is supplied by: (a) transfer from the General Fund; (b) transfer from the Community Mental Health Fund Number 222; (c) a special tax levy; or (d) any other money received specifically for Mental Health long-term debt retirement.

315-Refuse Disposal System Debt Fund

The Refuse Disposal System Debt Fund is used to record the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for the building or acquisition of a refuse disposal system. This fund is classified as debt service and is used only for the principal and interest payments made on bonds sold to build or acquire a refuse disposal system.

This fund may be found in any county or city. The Refuse Disposal System Debt Fund can be established by a resolution of the legislative body or is required by the bond ordinance. Where a separate fund is not required, we recommend that such debt retirement be included in Fund Number 301, General Debt Service Fund.

The money for this fund is supplied by: (a) a General Fund transfer; and/or (b) a special tax levied specifically for the retirement of this debt.

316-Parking System Debt Fund

The Parking System Debt Fund is used to record the payment of principal and interest on long term debt. Its assets are used for the redemption of bonds issued specifically for the building or acquisition of a parking system. This fund is classified as debt service and is used only for the principal and interest payments made on bonds sold to build or acquire a parking system.

This fund may be found in any county or city. If the parking system is to be operated as an Enterprise Fund, the debt would be recorded in Fund Number 514.

The money for this fund is supplied by: (a) a General Fund transfer; and/or (b) a special tax levied specifically for the retirement of this debt.

317-Sanitary Landfill Debt Fund

The Sanitary Landfill Debt Fund is used to account for the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for the acquisition of a sanitary landfill. This fund is classified as Debt Service and is used only for the principal and interest payments made on bonds sold to acquire a sanitary landfill.

This fund may be found in any county or city. This fund should be used when special revenue Sanitary Landfill Fund Number 227 is used, or when the debt is paid entirely out of taxes.

The money for this fund is supplied by: (a) a General Fund transfer; and/or (b) a special tax levied specifically for the retirement of this debt.

320 through 329-Bond Debt Retirement Funds (Major Streets)

1952 PA 175

(Enter Bond Issue Date in Fund Name)

Each of the funds is used in cities and villages to record principal and interest payments on long-term Major Street Fund Act 175 Bonds.

The bond proceeds are recorded in the Major Street Fund. The construction of the streets is also accounted for in the Major Street Fund.

Act 175 requires a separate debt retirement fund for each bond issue. All debt would be recorded in the government-wide financial statements and related long-term debt accounting records.

These funds are required by 1952 PA 175, MCL 247.701 to MCL 247.707, and are for this reason required by the Michigan Department of Treasury.

Money for this fund is supplied by the Major Street Fund. The Michigan Department of Transportation requires that, out of the first Act 51 money received in the Major Street Fund, the amount needed for the current year’s Act 175 debt service (principal and interest) be transferred to these funds.

330 through 339-Bond Debt Retirement Funds (Local Streets)

1952 PA 175

(Enter Bond Issue Date in Fund Name)

Each of the funds is used in cities and villages to record principal and interest payments on long-term Local Street Fund Act 175 Bonds.

The bond proceeds are recorded in the Local Street Fund. The construction of the streets is also accounted for in the Local Street Fund.

Act 175 requires a separate Debt Retirement Fund for each bond issue. All debt would be recorded in the government-wide financial statements and related long-term debt accounting records.

These funds are required by 1952 PA 175, MCL 247.701 to MCL 247.707, and are for this reason required by the Michigan Department of Treasury.

Money for this fund is supplied by the Local Street Fund. The Michigan Department of Transportation requires that, out of the first Act 51 money received in the Local Street Fund, the amount needed for the current year’s Act 175 debt service (principal and interest) be transferred to these funds.

340 through 349-Bond Debt Retirement Funds (Combined Major and Local Streets)

1952 PA 175

(Enter Bond Issue Date in Fund Name)

Each of the funds is used in cities and villages to record principal and interest payments on long-term combined Major and Local Street Fund Act 175 Bonds.

The bond proceeds are recorded in the Major and Local Street Funds. The construction of the streets is also accounted for in the Major and Local Street Funds.

Act 175 requires a separate debt retirement fund for each bond issue. All debt would be recorded in the government-wide financial statements and related long-term debt accounting records.

These funds are required by 1952 PA 175, MCL 247.701 to MCL 247.707, and are for this reason required by the Michigan Department of Treasury.

Money for this fund is supplied by the Major and Local Street Funds. The Michigan Department of Transportation requires that, out of the first Act 51 money received in the Major and Local Street Funds, the amount needed for the current year’s Act 175 debt service (principal and interest) be transferred to these debt service funds.

362-Bond Debt Fund (Road)

1951 PA 51

The Bond Debt Fund is used to record the payment of principal and interest on long-term Act 51 Bonds.

This is a Debt Service Fund and is used only for payment of 1951 PA 51, bond debt principal and interest.

This fund is usually found in county government. It can be used by cities and villages pursuant to 1951 PA 51 and is for this reason required by the Michigan Department of Treasury and Michigan Department of Transportation.

The money for this fund is supplied (pledged) from the annual contributions from the Michigan Transportation Fund to the local unit for road or street construction and maintenance. The amount pledged cannot exceed the amount specified in Act 51.

365-Public Works Projects Debt Fund

The State Department of Treasury requires the use of this fund by counties or authorities who issue bonds for the construction of water systems, sewer systems or other projects. It is used to record the payment of interest and principal on long term debt resulting from DPW projects constructed by the county (or authority) for other local units of government. The county (authority) pledges its faith and credit for the bonds, but title will pass on to the local unit when the debt is retired. Revenue for this fund is supplied by units for whom the projects are constructed. Contracts are drawn between the county, or authority, and the unit(s) involved under which benefiting unit agrees to make annual payments sufficient to pay interest and principal installments. Long term “Bonds Payable” are reflected in the records of the county or authority, while the benefiting unit records a long-term contract in its records. This fund is subject to budgetary requirements of Act 2 of the Public Acts of 1968, as amended.

366-Jail Building Debt Fund

The Jail Building Debt Fund is used to record the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for the building of a county or city jail.

This fund is classified as Debt Service and is used only for principal and interest payments on bonds sold to build or acquire a jail building.

The revenue for this fund is supplied by: (a) General Fund transfer; and/or (b) a special tax levied specifically for retirement of debt.

369-Building Authority Debt Fund

The Building Authority Debt Fund is used to account for the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for a capital project financed by issuance of Building Authority Bonds.

This fund is classified as Debt Service and is used only for the principal and interest payments made on bonds sold by the building authority.

This fund may be found in any county or city. This fund can be established by a resolution of the legislative body or is required by the bond ordinance pursuant to 1948 PA 31, MCL 123.951 through MCL 123.965. Where a separate fund is not required, we recommend that such debt retirement be included in Fund Number 301, General Debt Service Fund. If the authority is operated as an Enterprise Fund, the debt would be recorded in Fund Number 569.

The money for this fund is supplied by: (a) General Fund appropriation transfers; (b) a special tax levied specifically for the retirement of debt; or (c) lease payments from the local unit to the building authority.

370-Municipal Building Debt Fund

The Municipal Building Debt Fund is used to record the payment of principal and interest payments on long-term debt. Its assets are used for the redemption of bonds which are issued specifically for the building of a courthouse, city hall, village hall, or town hall.

This fund is classified as Debt Service and is used only for the principal and interest payments on bonds sold to build a municipal building. This fund can be found in any type of governmental unit. The Municipal Building Debt Fund can be established by a resolution of the legislative body or is required by the bond ordinance. Where a separate fund is not required, we recommend that such debt retirement be included in Fund Number 301, General Debt Service Fund.

The revenue for this fund is supplied by: (a) a General Fund transfer; or (b) a special tax levied specifically for the retirement of debt.

371-Library Building Debt Fund

The Library Building Debt Fund is used to record the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for the acquisition or construction of a local unit library building.

This fund is classified as Debt Service and is used only for the principal and interest payments made on bonds sold to purchase or construct a library building.

The Library Building Debt Fund may be found in any local unit. This fund can be established by a resolution of the legislative body or as required by the bond ordinance. Where a separate fund is not required, we recommend that such debt retirement be included in Fund Number 301, General Debt Service Fund.

The revenue for this fund is supplied by: (a) a General Fund transfer; and/or (b) a special tax levied specifically for the retirement of debt.

381-Airport Debt Fund

The Airport Debt Fund is used to record the servicing of principal and interest payments on long-term debt. These funds are to be used for the redemption of bonds which are issued specifically for the construction of a local unit owned airport. This fund is classified as Debt Service and is used only for the principal and interest payments made on bonds sold to construct an airport.

This fund can be found in any local unit of government. The Airport Debt Fund can be established by a resolution of the legislative body of the local unit or as the result of an election. Where the airport is operated as an enterprise and the payments are made from Airport revenues, the Debt Service would be recorded in Fund Number 581, Airport Fund.

The revenue for this fund is supplied by: (a) a General Fund transfer; or (b) a special tax levied specifically for the airport debt.

390-Sewage Disposal Plant Debt Fund

The Sewage Disposal Plant Debt Fund is used to account for the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for the building or acquisition of a sewage disposal plant. This fund is classified as Debt Service and is used only for the principal and interest payments made on bonds sold to build or acquire a sewage disposal plant.

This fund may be found in any county or city. This fund can be established by a resolution of the legislative body or as required by the bond ordinance. Where a separate fund is not required, it is recommended that such debt retirement be included in Fund Number 301, General Debt Service Fund. If the system is operated as an enterprise, Fund Number 590 should include the Debt Service.

The revenue for this fund is supplied by: (a) a General Fund transfer; or (b) a special tax levied specifically for the airport debt.

391-Medical Care Facility Debt Fund

The Medical Care Facility Debt Fund is used to record the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for the building of a medical care facility. This fund is classified as Debt Service and is used only for the principal and interest payments made on bonds sold to build a medical care facility.

This fund is found only in county government. The Medical Care Facility Debt Fund can be established by a resolution of the legislative body or as required by the bond ordinance. Where a separate fund is not required, it is recommended that such debt retirement be included in Fund Number 301, General Debt Service Fund.

The revenue for this fund is supplied by (a) General Fund transfer (appropriation); and/or (b) a special tax levied specifically for the retirement of debt.

392-Juvenile Home Debt Fund

The Juvenile Home Debt Fund is used to record the payment of principal and interest on long-term debt. Its assets are used for the redemption of bonds issued specifically for the building of a juvenile home. This fund is classified as Debt Service and is used only for the principal and interest payments made on bonds sold to build a juvenile home.

This fund is usually found in county government. The Juvenile Home Debt Fund can be established by a resolution of the legislative body or as required by the bond ordinance.

Where a separate fund is not required, it is recommended that such debt retirement be included in Fund Number 301, General Debt Service Fund.

The revenue for this fund is supplied by: (a) General Fund transfer; or (b) a special tax levied specifically for the retirement of debt.

393-Economic Development Corporation Debt Fund

The Economic Development Corporation Debt Fund is used to record the payment of principal and interest on long-term debt for economic development bonds.

This fund is used only for the payment of debt. Construction is handled through Capital Projects Fund Number 493 and any bond or borrowing proceeds would be credited to Capital Fund 494. Economic Development Corporation operations would be accounted for in Fund Number 244.

This fund would normally exist only in a larger county or the largest cities. In accordance with statutory provisions, the Michigan Department of Treasury requires that debt money raised for a specific purpose (project) be accounted for in a separate fund. The revenue for operation of this fund may be supplied by: (a) special voted tax; (b) restricted contributions; (c) contractual agreements; or (d) other sources for the purpose of debt retirement.

NOTE: There may be instances when this fund is maintained by a trustee under terms of a debt instrument, rather than maintained by the local unit. In such cases, the trustee will receive debt proceeds, pay construction costs and service the long-term debt.

394-Downtown Development Authority Debt Fund

The Downtown Development Authority Debt Fund is used to record the payment of principal and interest on long-term debt of downtown development authority bonds issued pursuant to 2018 PA 57, MCL 125.4213a.

This fund is used only for the payment of debt. Construction is handled through Capital Projects Fund Number 494 and any bond or borrowing proceeds would be credited to such (Capital) Fund. Downtown Development Authority operations should be accounted for in Fund Number 248.

This fund would normally exist only in a large city. In accordance with statutory provisions, the Michigan Department of Treasury requires that debt money raised for a specific purpose (project) be accounted for in a separate fund.

The revenue for the operation of this fund may be supplied by: (a) a special authority tax; (b) restricted contributions; (c) contractual agreements; (d) accrued interest and premium on bond or borrowed proceeds; (e) tax increment financing plan; and (f) other sources for the purpose of debt retirement.

395-Tax Increment Finance Authority Debt Fund

The Tax Increment Finance Authority (TIFA) Debt Fund is used to account for the payment of principal and interest on tax increment bonds issued by the TIFA board to finance a development project.

This fund is classified as a Debt Service Fund and is used only for the payment of principal and interest on bonds sold by the TIFA board. Tax Increment Finance Authority administrative operating costs and capital projects should be accounted for in Fund Numbers 247 and 495, respectively.

This fund may be found in any city that has established the Tax Increment Finance Authority and the Authority has issued bonds to finance a development project.

This fund must be established when bonds have been issued under the provisions of 1980 PA 450. This fund is discontinued when the debt is liquidated.

The money for this fund is derived from fees, rents, and charges from the project or development financed with the bonding proceeds or advances from the city, when applicable, in accordance with the full faith and credit pledge.

396 through 399-Debt Service Funds (Not Covered Elsewhere)

These numbers are reserved for use by any local unit needing a fund which meets the prerequisites of a Debt Service Fund and where such fund is not provided for elsewhere in this manual.

851-Drain Debt Service Fund

The Drain Debt Service Fund is used in counties to account for the payment of principal and interest on long-term debt, the proceeds of which were used to construct, repair, and maintain county drains.

The fund must be established to record the transactions for the debt service on bonds, drain orders and Drain Code Section 434 when the original maturity is more than one year after the issue date. A subsidiary fund must be maintained for each drainage district project that has long-term debt outstanding.

The cash and investments of the Drain Debt Service Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A debt service fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

852-Special Assessment Debt Service Fund

This fund is used to account for the payment of principal and interest on long-term Special Assessment Debt other than special assessment debt issued for and serviced primarily by an Enterprise Fund. This fund may be found in any unit of government.

The cash and investments of the Special Assessment Debt Service Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

853-Storm Drain Debt Fund

The Storm Drain Debt Fund is used to record the payment of principal and interest on long-term debt resulting from a special assessment storm drain project.

This fund is classified as a Debt Service Fund (Special Assessment District) and is used only for the principal and interest payments on bonds sold to construct storm drains.

This fund may be found in a city, township, or village government. This fund can be established by a resolution of the legislative body or as required by the bond ordinance.

Money for this fund is supplied by: (a) special assessment revenue; and (b) interest earned on investments. The cash and investments of the Storm Drain Debt Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

859-Sidewalk Debt Fund

The Sidewalk Debt Fund is used to record the payment of principal and interest on long-term debt resulting from a special assessment sidewalk project.

The Sidewalk Debt Fund is classified as a Debt Service Fund (Special Assessment District) and is used only for the principal and interest payments on bonds sold to construct sidewalks.

This fund may be found in a city, township, or village government. This fund can be established by a resolution of the legislative body or as required by the bond ordinance.

Money for this fund is supplied by: (a) special assessment revenue; and (b) interest earned on investments.

The cash and investments of the Sidewalk Debt Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

861-Road Debt Fund

This fund is used to record the payment of principal and interest on long-term debt resulting from a special assessment road project.

This fund is classified as a Debt Service Fund (Special Assessment District) and is used only for the principal and interest payments on bonds sold to construct roads in a special assessment district.

This fund may be found in any local unit of government. This fund can be established by a resolution of the legislative body or as required by the bond ordinance.

Money for this fund is supplied by: (a) special assessment revenue; and (b) interest earned on investments.

The cash and investments of the Road Debt Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt

Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

862-Street Debt Fund

This fund is used to record the payment of principal and interest on long-term debt resulting from a special assessment street project.

This fund is classified as a Debt Service Fund (Special Assessment District) and is used only for the principal and interest payments on bonds sold to construct streets. This fund may be found in a city, township, or village government.

This fund can be established by a resolution of the legislative body or as required by the bond ordinance.

Money for this fund is supplied by: (a) special assessment revenue; and (b) interest earned on investments.

The cash and investments of the Street Debt Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

870-Chapter 20 Drain Debt Service Fund

The Chapter 20 Drain Debt Service Fund is used in counties to account for the payment of principal and interest on long-term debt resulting from a Chapter 20 “intra” county drain project.

The fund is required by Chapter 20 of 1956 PA 40, MCL 280.461. A subsidiary fund must be maintained for each drainage district project that has long-term debt outstanding.

The cash and investments of the Chapter 20 Drain Debt Service Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

880-Chapter 21 Drain Debt Service Fund

The Chapter 21 Drain Debt Service Fund is used in counties to account for the payment of principal and interest on long-term debt resulting from a Chapter 21 “inter” county drain project.

The fund is required by Chapter 21 of 1956 PA 40, MCL 280.511. A subsidiary fund must be maintained for each drainage district project that has long-term debt outstanding. The cash and investments of the Chapter 21 Drain Debt Service Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

891-Lake Level Debt Service Fund

The Lake Level Debt Service Fund is used in counties to account for the payment of principal and interest on long-term debt resulting from a special assessment, the proceeds of which were used to construct, repair, and maintain lake level projects.

The fund must be established to record the transactions for the Debt Service on bonds and lake level orders when the original maturity is more than one year after the issue date. The fund is permitted by 1994 PA 451, MCL 324.30701 to MCL 324.30723. A subsidiary fund must be maintained for each drainage district project that has long-term debt outstanding.

The cash and investments of the Lake Level Debt Service Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

893-Lake Improvement Debt Fund

The Lake Improvement Debt Fund is used to record the payment of principal and interest on long-term debt resulting from a special assessment lake improvement project. The Lake Improvement Debt Fund is classified as a Debt Service Fund (Special Assessment District) and is used only for the principal and interest payments on bonds sold to finance a lake improvement project.

This fund may be found in any local unit of government. This fund is permitted by 1994 PA 451, MCL 324.30901 to MCL 324.31119.

Money for the operation of this fund may be supplied by: (a) tax levy or special assessment levy; (b) appropriation (transfer in) from the General Fund of the local unit; and (c) interest on investments.

The cash and investments of the Lake Improvement Debt Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

894-Lake Pollution Control Debt Fund

The Lake Pollution Control Debt Fund is used to record the payment of principal and interest on long-term debt resulting from a special assessment lake pollution control project. This fund is classified as a Debt Service Fund (Special Assessment District) and is used only for the principal and interest payments on bonds sold to finance a lake pollution control project.

This fund may be found in any local unit of government. This fund can be established by a resolution of the legislative body or as required by the bond ordinance.

Money for the operation of the Lake Pollution Control Debt Fund is provided by: (a) special assessment levy; (b) appropriation (transfer in) from the General Fund of the local unit; and (c) interest on investments.

The cash and investments of the Lake Pollution Control Debt Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revised Municipal Finance Act authorizes the following categories of debt to be pooled or combined for deposit and investment purposes, but only with other debt retirement funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. A Debt Service Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts.

Capital Project Funds are used to account for the acquisition or construction of major capital facilities by a governmental unit that is not accounted for by proprietary funds and trust funds.

Each capital project funded in whole or part by bond or note issuance must have its own separate Capital Project Fund. This can be done through the use of separate funds for each project or one fund with subsidiary accounts for each project.

GASB Codification Section S40 states:

¶115 “[A]ill transactions related to capital improvements financed by special assessments should be reported in the same manner, and on the same basis of accounting, as any other capital improvement and financing transaction.

Capital Projects and Debt Service directly related to an Enterprise Fund may be accounted for in the related Enterprise Fund. When an Enterprise Fund has multiple Special Assessment Districts, subsidiary records of each district must be maintained.

The cash and investments of the Capital Project Funds are subject to the requirements of 1943 PA 20, MCL 129.91. Funds in this category may be required by bond ordinance, local unit resolution, charter, etc., to have separate cash and investment accounts.

401-Capital Projects Fund

This fund is used to account for the construction of capital assets funded in whole or part by long-term general obligation debt other than that payable from special assessments and debt issued for and serviced primarily by an Enterprise Fund. This fund may be found in any local unit.

The cash and investments of the Capital Projects Fund are subject to the requirements of 1943 PA 20, MCL 129.91. Funds in this category may be required by bond ordinance, local unit resolution, charter, etc., to have separate cash and investment accounts.

402-Equipment And Replacement Fund

The Equipment and Replacement Fund is used to record the acquisition of new equipment or the replacement of old equipment. This is a capital project fund used to record the receipts and expenditures for the acquisition of major equipment only.

This fund can be found in any local unit. The life of the fund is limited to the length of time required to acquire the specified equipment. A balance remaining after acquiring the equipment is normally transferred to the related Debt Service Fund when bonds are issued. The fund is required by the bond ordinance and/or the Michigan Department of Treasury.

Money for the operation of this fund is usually supplied by the sale of general obligation bonds, state or federal grants, a special voted tax, or other restricted contributions.

408-Park System Construction Fund

The Park System Construction Fund is used to record the construction or acquisition of a park system. This is a Capital Project Fund and is used to record the receipts and expenditures for the construction or acquisition of the park system.

This fund can be found in any local unit. The life of the fund is limited to the length of time required to construct or acquire the system. A balance remaining is normally transferred to the related Debt Service Fund when a bond issue is involved. This fund should not be used when there is a Park/Recreation Enterprise Fund Number 508.

The authorization for a park project is usually accomplished by a vote of the people. The fund is required by the bond ordinance and/or the Michigan Department of Treasury.

Money for the operation of this fund is usually supplied by the sale of general obligation bonds, state or federal grants, a special voted tax, and/or other restricted contributions.

411-Hospital Building Fund

The Hospital Building Fund is used to record the construction of a hospital by a local unit. This is a Capital Project Fund and is used to record the receipts and expenditures for the construction of the hospital.

This fund can be found in counties and cities. The life of this fund is limited to the length of time required for construction. A remaining balance in the fund is normally transferred to Hospital Building Debt Fund Number 311 when a bond issue is involved.

The authorization for this type of project is usually accomplished by a vote of the people. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, state and federal grants, a special voted tax, and/or restricted contributions.

412-Industrial Complex Construction Fund

The Industrial Complex Construction Fund is used to record the construction of an industrial complex in a county or large city. This is a Capital Project Fund and is used to record receipts and expenditures for construction of the complex.

This fund will normally be found only in the larger metropolitan counties or cities. The life of this fund is limited to the length of time required to complete the construction. A remaining balance in the fund is normally transferred to Industrial Complex Debt Fund Number 312 when a bond issue is involved.

The authorization for such a project is usually accomplished by a vote of the people. The fund is required by the bond ordinance and/or the Michigan Department of Treasury. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, state or federal grants, a special voted tax, and/or other restricted contributions.

413-Animal Shelter Construction Fund

The Animal Shelter Construction Fund is used to record the construction of an animal shelter by a local unit. This is a Capital Project Fund and is used to record receipts and expenditures for construction of the shelter.

This fund may be found in counties or cities. The life of the fund is limited to the length of time required for construction. A remaining balance in the fund is then transferred to Animal Shelter Debt Fund Number 313 when a bond issue is involved.

The authorization of such a project is usually accomplished by a vote of the people. The fund is required by the bond ordinance and/or the Michigan Department of Treasury. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, state or federal grants, a special voted tax, and/or other restricted contributions.

414-Mental Health Construction Fund

The Mental Health Construction Fund is used to record the construction of facilities for a mental health program. This is a Capital Project Fund and is used to record receipts and expenditures for construction of the necessary facilities.

This fund is found only in county government. The life of the fund is limited to the length of time required to complete the construction. A remaining balance in the fund is then transferred to Mental Health Debt Fund Number 314 when a bond issue is involved.

The authorization for such a project is usually accomplished by a vote of the people. The fund is required by the bond ordinance and/or the Michigan Department of Treasury. The money for the operation of this fund is usually supplied by the sale of general obligation bonds, state or federal grants, a special voted tax, and/or other restricted contributions.

415-Refuse Disposal Construction Fund

The Refuse Disposal Construction Fund is used to record the construction or acquisition of a refuse disposal system. This is a Capital Project Fund and is used to record the receipts and expenditures for the construction or acquisition of the system.

This fund can be found in any local unit. The life of the fund is limited to the length of time required to construct or acquire the system. A remaining balance in the fund is normally transferred to Refuse Disposal System Debt Fund Number 315 when a bond issue is involved.

The authorization for such a project is usually accomplished by a vote of the people. The fund is required by the bond ordinance and/or the Michigan Department of Treasury. Money for the operation of this fund is usually by the sale of general obligation bonds, state or federal grants, a special voted tax, and/or other restricted contributions.

416-Parking System Construction Fund

The Parking System Construction Fund is used to record the construction or acquisition of a parking system. This is a Capital Project Fund and is used to record the receipts and expenditures for the construction or acquisition of the system.

This fund can be found in any local unit. The life of the fund is limited to the length of time required to construct or acquire the system. A remaining balance in the fund is normally transferred to Parking System Debt Fund Number 316 when a bond issued is involved.

Use Fund Number 514 for recording the construction of the system and the related debt if the parking system is to be run as an enterprise.

417-Sanitary Landfill Construction Fund

The Sanitary Landfill Construction Fund is used to record the construction or acquisition of a sanitary landfill. This is a Capital Project Fund and is used to record the receipts and expenditures for the construction or acquisition of the system.

This fund can be found in any local unit. The life of the fund is limited to the length of time required to construct or acquire the system. A remaining balance in the fund is normally transferred to Sanitary Landfill Debt Fund Number 317 when a bond issue is involved.

Use Fund Number 517 for recording the construction of the system and the related debt if the landfill is to be run as an enterprise.

The authorization for such a project is usually accomplished by a vote of the people. The fund is required by the bond ordinance and/or the Department of Treasury. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, state or federal grants, a special voted tax, and/or other restricted contributions.

445-Public Improvement Fund

The Public Improvement Fund is used in any local unit of government to account for non-tax revenue set aside for statutory public improvements. The fund is authorized by 1943 PA 177, MCL 141.261, and is established by resolution of the governing body.

Money that may be placed in this fund is limited by statute to non-tax revenue. Once money is placed in this fund, it becomes restricted and cannot be expended or transferred for purposes other than the public improvements specified by statute.

The cash and investments of the Public Improvement Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts.

All claims (expenditures) must be approved by the governing body of the local unit of government pursuant to statutory requirements as follows: Cities—1895 PA 215, MCL 87.7, MCL 88.20; Villages—1895 PA 3, MCL 65.7; Townships—Revised Statutes of 1846, MCL 41.75; Counties—1851 PA 156, MCL 46.11(g); 1909 PA 58, MCL 46.71; 1943 PA 182, MCL 46.53; and 1923 PA 301, MCL 46.63.

446-Township Improvement Revolving Fund

The Township Improvement Revolving Fund is used in townships to account for money advanced from the General Fund in accordance with statutory provisions. The fund is authorized and named in MCL 1954 PA 188, 41.735b and is established by resolution of the township board.

The amount advanced is limited in any one year to 2 mills of taxable value of real and personal property. The fund’s total balance may not exceed 5 mills of the township’s taxable value.

The cash and investments of the Township Improvement Revolving Fund are subject to the requirements of 1943 PA 20, MCL 129.91, and may be included in pooled cash and investment accounts. All claims (expenditures) must be approved by the governing body of the township pursuant to statutory requirements of the Revised Statutes of 1846, MCL 41.75.

465-Public Works Construction Fund (For Other Units)

1957 PA 185 and 1939 PA 342

This Fund is used to record the construction of water systems, sewer systems or other Department of Public Works (DPW) projects by a county (authority) for other local units of government. This is a Capital Project Fund used to record receipts and expenditures for the construction of projects for other local units of government by the county (authority).

This fund is found only in county government. It is used where counties (authorities) finance the construction of DPW or 1939 PA 342 projects for other local units of government. The county (authority) pledges its faith and credit for bonds to finance the projects, but title will pass to the local unit when the debt is retired. When construction is completed, any remaining balance in the fund is transferred to Public Works Projects Debt Fund Number 365.

This fund is permitted under the provisions of 1957 PA 185, 1939 PA 342, and various other acts establishing separate authorities. The fund is required by the bond ordinances and/or the Michigan Department of Treasury when such projects are undertaken. Sub-accounts must be used where separate projects are in progress at the same time, as each must be accounted for individually. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, state or federal grants, and/or other restricted contributions.

466-Jail Building Fund

This fund is used to record the construction of a jail building. This is a capital project fund and is used to record the receipts and expenditures for the construction of a jail building.

The fund can be found in county and city government. The life of this fund is limited to the length of time required to complete construction. A remaining balance in the fund is distributed as spelled out in the bond ordinance when a bond issue is involved.

The authorization for such a project is usually provided by a vote of the people. The fund is required by the bond resolution and/or the Michigan Department of Treasury. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, state or federal grants, a special voted tax, and/or restricted contributions.

469-Building Authority Construction Fund

The Building Authority Construction Fund is used to record the construction of any project that a building authority can finance under 1948 PA 31. This is a Capital Project Fund and is used to record receipts and expenditures for the construction of these projects.

This fund can be found in all local units. The life of this fund is limited to the length of time required to complete the construction. Any remaining balance in the fund is normally transferred to Building Authority Debt Fund Number 369 when a bond issue is involved.

The authorization of the authority is 1948 PA 31. The fund is required by the bond ordinance and/or the Michigan Department of Treasury. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, state or federal grants, a special voted tax, and/or other restricted contributions.

470-Municipal Building Fund

The Municipal Building Fund is used to record the construction of a courthouse, city hall, village hall or township hall by a local unit. This is a Capital Project Fund and is used to record the receipts from the sale of bonds and the expenditures for the construction of the new building.

This fund can be found in any type of local unit. The life of this fund is limited to the length of time required to complete the construction. Any remaining balance in the fund is normally transferred to Municipal Building Debt Fund Number 370 when a bond issue is involved.

The authorization for a project such as this is usually accomplished by a vote of the people. This fund is required by the Municipal Finance Commission when general obligation bonds are issued and/or the Michigan Department of Treasury. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, a special voted tax, or grants and restricted contributions.

471-Library Building Fund

The Library Building Fund is used to record the construction of a library building. This is a Capital Project Fund and is used to record receipts and expenditures for construction of a building.

This fund may be found in any local unit. The life of the fund is limited to the length of time required to complete the construction. Any remaining balance in the fund is normally transferred to Library Building Debt Fund Number 371 when a bond issue is involved.

472 through 480-Federal Grant Construction Funds

This group of funds is set aside for local units to use at their discretion to record the construction costs of federal construction grants. These funds are to be used when the federal grant requires separate accounting for a construction grant when it cannot be recorded in the special revenue fund category.

These funds are classified as Capital Project Funds because they are used to record construction costs.

This fund can be found in any local unit that has a federal construction grant that has to be accounted for separately and is not provided elsewhere in this chart of accounts.

This fund may be established by a resolution of the governing body when a federal grant requires it. Funds for the operation of these funds come from a federal grant for construction.

481-Airport Fund

The Airport Fund is used to record the construction or acquisition of an airport. This is a Capital Project Fund used to record the receipts and expenditures for the construction or acquisition of an airport.

This fund is usually found in county or city government. The life of this fund is limited to the length of time required to complete the construction. Any remaining balance in the fund is then transferred to Airport Debt Fund Number 381 when a bond issue is involved.

The construction and related debt should be recorded in Fund Number 581 if the airport is to be run as an enterprise.

490-Sewage Disposal Plant Fund

The Sewage Disposal Plant Fund is used to record the construction of a sewage disposal plant. This is a Capital Project Fund and is used to record receipts and expenditures for the construction of the plant.

This fund may be found in any local unit. The life of the fund is limited to the length of time required to complete the construction. Any remaining balance in the fund is then transferred to Sewage Disposal Plant Debt Fund Number 390 when a bond issue is involved.

The construction and related debt should be recorded in Fund Number 590 if the plant is to be run as an enterprise.

The authorization for such a project is usually accomplished by a vote of the people. The fund is required by the bond ordinance and/or the Michigan Department of Treasury. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, a special voted tax, state or federal grants, and/or other restricted contributions.

491-Medical Care Facility Building Fund

The Medical Care Facility Building Fund is used to record the construction of a Medical Care Facility Building. This is a Capital Project Fund and is used to record receipts and expenditures for construction of the facility.

This fund is found only in county government. The life of the fund is limited to the length of time required to complete the construction. Any remaining balance in the fund is normally transferred to Medical Care Facility Debt Fund Number 391 when a bond issue is involved.

This fund should not be used if Enterprise Fund Number 512 is in use for a Medical Care Facility.

492-Juvenile Home Building Fund

The Juvenile Home Building Fund is used to record the construction of a juvenile home by the local unit. This is a Capital Project Fund used to record the receipts and expenditures for the construction of a juvenile home.

This fund is usually found in a county but could be found in a city. The life of this fund is limited to the length of time required to complete the construction. Any remaining balance is normally transferred to Juvenile Home Debt Fund Number 392 when a bond issue is involved.

The authorization of a project such as this is usually accomplished by a vote of the people. This fund is required by the bond ordinance and/or the Michigan Department of Treasury. Money for the operation of this fund is usually supplied by the sale of general obligation bonds, General Fund transfers (appropriation), or a special voted tax.

493-Economic Development Corporation Construction Fund

The Economic Development Corporation Construction Fund is used to record construction of projects under the control of an Economic Development Corporation (EDC). This is a Capital Project Fund and is used to record receipts and expenditures for construction of EDC projects. Economic Development Corporation operations and debt service should be accounted for in Fund Numbers 244 and 393, respectively.

This fund will normally be found only in the larger metropolitan counties or cities. The life of this fund is limited to the length of time required to complete the construction. Any remaining balance in the fund is normally transferred to Economic Development Corporation Debt Fund Number 393 when a bond issue is involved.

494-Downtown Development Authority Construction Fund

The Downtown Development Authority Construction Fund is used to record construction under the direction of a downtown development authority pursuant to 2018 PA 57 as a Capital Project Fund and is used to record receipts and expenditures for construction of projects of the authority. Downtown Development Authority operating costs and debt service should be accounted for in Fund Numbers 248 and 394, respectively.

This fund will normally be found only in the larger cities. The life of this fund is limited to the length of time required to do the construction. Any remaining balance in the fund is normally transferred to Downtown Development Authority Debt Fund Number 394 when a bond issue is involved. The authorization for such a project is 2018 PA 57 and the ordinance of the municipality. The local ordinance must be filed with the Secretary of State. This fund is required by the bond ordinance and/or the Michigan Department of Treasury.

Money for the operation of this fund is usually supplied by the sale of revenue bonds, state or federal grants, a special authority tax, tax increment financing plan, and/or other restricted contributions.

495-Tax Increment Finance Authority Construction Fund

The Tax Increment Finance Authority (TIFA) Construction Fund is used to record the construction and improvement of projects under the control of the TIFA board.

This is a Capital Project Fund which is used to record receipts and expenditures for construction and development of the TIFA projects. Tax Increment Finance Authority administrative operating costs and debt service should be accounted for in Fund Numbers 247 and 395, respectively.

This fund will be found in those cities that have established a Tax Increment Finance Authority which has sold bonds. The authority to sell bonds and complete the project is specified in 1980 PA 450. The fund is required by the bond ordinance and/or the Michigan Department of Treasury. Money for the operation of this fund is supplied by the sale of revenue bonds, grants, and/or donations.

496 through 499-Capital Project Funds (Not Covered Elsewhere)

These numbers are reserved for use by any local unit needing a fund which meets the prerequisites of a capital project fund and where such fund is not provided for elsewhere in this manual.

801-Drain Fund

The Drain Fund is used in counties to account for the construction and maintenance of county drains. The Drain Fund is required by 1956 PA 40, MCL 280.1 et seq. Each individual drainage district must be accounted for separately within the Drain Fund. Primary sources of revenue for this fund are special assessments, at-large assessments against local governments, and bond and note proceeds.

Drain orders (less than one-year maturity) and time drain orders (over one-year maturity) are issued for the construction and maintenance of drains. Drain orders are subsequently redeemed as the special assessments and at-large assessments are collected on an annual basis. Drain order debt may be reflected in this Drain Fund. When drainage district bonds or notes and section 434 debt is entered, the Drain Debt Service Fund Number 851 must be used to accumulate the special assessments levied to retire the debt.

The cash and investments of the Drain Fund are subject to the requirements of 1943 PA 20,
MCL 129.91. The Drain Fund capital projects not funded by the issuance of debt may be included in a pooled cash and investment account.

The Revised Municipal Finance Act authorizes the following categories of debt proceeds to be pooled or combined for deposit and investment purposes, but only with other capital project funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. The Drain Fund may participate in one of these pools (or a pool consisting of the various drainage districts) if the bond ordinance does not restrict the issue to separate bank and investment accounts. Funds in this category may be required by bond ordinance, local unit resolution, charter, etc., to have separate cash and investment accounts.

The Drain Fund will record the expenditures and a balance Due to Revolving Drain Fund as bills are paid by Revolving Drain Fund Number 802.

802-Revolving Drain Fund

The Revolving Drain Fund is used in counties to account for money advanced from the county general fund for engineering, surveys, and other preliminary costs of new drains and maintenance work on established drains. The Revolving Drain Fund is reimbursed from the Drain Fund as special assessments are collected. The Revolving Drain Fund is permitted by Chapter 12 of 1956 PA 40, MCL 280.301. Each individual drainage district must be accounted for separately within the Revolving Drain Fund.

The cash and investments of the Revolving Drain Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Revolving Drain Fund may be included in a pooled cash and investment account.

803-Storm Drain Fund

The Storm Drain Fund is used to account for money received from the special assessing of benefited property for storm drain projects.

This fund is classified as a Capital Project Fund (Special Assessment District) because the improvements are paid for (completely or in part) by property owners in a limited geographical area who are deemed to be specifically benefited.

This fund is usually found in a city, township, or village.

This fund can be authorized by a petition signed by a certain percentage of the property owners benefited. This fund is then established by the legislative body of the local unit.

This fund can be used to account for money received from the proceeds received from the sale of bonds, money received from the special assessments, interest received from investing surplus funds, or state and federal grants.

804-Revolving Drain Maintenance Fund

The Revolving Drain Maintenance Fund is used in counties to account for the interest earned from the optional pooled investment of various drainage district account balances in the 801 Drain Fund of less than $1,000. The interest earned on these pooled investments in the 801 Drain Fund are deposited into the Revolving Drain Maintenance Fund. The fund is established at the option of the county drain commissioner.

Interest earned can be expended for temporary financing of necessary maintenance on intra or inter county drains. The Revolving Drain Maintenance Fund is reimbursed from the Drain Fund as special assessments are collected. The Revolving Drain Maintenance Fund is permitted by 1984 PA 80, MCL 280.282 (this references PA 40 of 1956). Each individual drainage district must be accounted for separately within the Revolving Drain Maintenance Fund.

The cash and investments of the Revolving Drain Maintenance Fund are subject to the requirements of 1943 PA 20, MCL 129.91.

805-Special Assessment Capital Project Fund

This fund is used to account for the construction of capital assets funded in whole or part by long-term Special Assessment Debt other than Special Assessment Debt issued for and serviced primarily by an Enterprise Fund. This fund can be found in any local unit.

The cash and investments of the Special Assessment Capital Project Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Special Assessment Capital Project Fund capital projects not funded by the issuance of debt may be included in a pooled cash and investment.

The Revised Municipal Finance Act authorizes the following categories of debt proceeds to be pooled or combined for deposit and investment purposes, but only with other capital project funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. The Special Assessment Capital Project Fund may participate in one of these pools if the bond ordinance does not restrict the issue to separate bank and investment accounts. Funds in this category may be required by bond ordinance, local unit resolution, charter, etc., to have separate cash and investment accounts.

809-Sidewalks Construction Fund

The Sidewalks Construction Fund is used to account for sidewalk projects in a Special Assessment District.

This fund is usually found in a city, township, or village.

This fund can be authorized by petition signed by a certain percentage of the property owners benefited. This fund is then established by the legislative body of the local unit.

This fund is used to account for the proceeds received from the sale of bonds and interest received from investing surplus funds for the sidewalk project. If bonds are not issued, the special assessments revenue will also be accounted for in this fund. Debt Service on bonds issued for this fund will be accounted for in Sidewalk Debt Fund Number 859.

811-Road Fund

The Road Fund is used to account for special assessment proceeds used to construct roads and streets.

This fund is classified as a Capital Project Fund (Special Assessment District) because the improvements are paid for (completely or in part) by property owners who are deemed to be specifically benefited.

This fund can be found in any local unit of government. The construction of streets in cities and villages is accounted for in the Major Street Fund or Local Street Fund. In those localities, expenditures from this fund will be limited to transfers to the Major Street Fund or Local Street Fund. This fund may have more than one bank account as required by the bond ordinance(s).

This fund can be established by a petition signed by more than 50 percent of the benefited property owners.

This fund is used to account for bond proceeds, the special assessment proceeds received from the property owners and interest received from investing surplus funds. Debt Service on bonds issued for this fund will be accounted for in Road Debt Fund Number 861.

812-Street Improvement Fund

The Street Improvement Fund is used to account for money received from special assessments of benefited property for street improvement projects.

This fund may be found in a city, township, or village.

This fund can be authorized by a petition signed by a certain percentage of the property owners benefited. This fund is then established by the legislative body of the local unit.

This fund is used to account for the proceeds received from the sale of bonds, money received from special assessments, and interest received from investing surplus funds. Debt Service on bonds issued for this fund will be accounted for in Street Debt Fund Number 862.

820-Chapter 20 Drain Fund

The Chapter 20 Drain Fund is used in counties to account for the construction and improvements from a Chapter 20 “intra” county drain project. The fund is required by Chapter 20 of 1956 PA 40, MCL 280.461. A subsidiary fund must be established for each drainage district.

The primary sources of revenue for this fund are proceeds from the sale of bonds, special assessments against public corporations that benefited, special assessments against the Michigan Department of Transportation for state highways benefited, and special assessments against the county road commission for county roads benefited and advances from the public corporation.

The cash and investments of the Chapter 20 Drain Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Chapter 20 Drain Fund capital projects not funded by the issuance of debt may be included in a pooled cash and investment account. The Revised Municipal Finance Act authorizes the following categories of debt proceeds to be pooled or combined for deposit and investment purposes, but only with other capital project funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. The Chapter 20 Drain Fund may participate in one of these pools (or a pool consisting of the various Chapter 20 drainage districts) if the bond ordinance does not restrict the issue to separate bank and investment accounts. Funds in this category may be required by bond ordinance, local unit resolution, charter, etc., to have separate cash and investment accounts.

830-Chapter 21 Drain Fund

The Chapter 21 Drain Fund is used in counties to account for the construction and improvements from a Chapter 21 “inter” county drain project. The fund is required by Chapter 21 of PA 40 of 1956, MCL 280.511. A subsidiary fund must be maintained for each drainage district.

The primary sources of revenue for this fund are proceeds from the sale of bonds, special assessments against public corporations that benefited, special assessments against the Michigan Department of Transportation for state highways that benefited, special assessments against the county road commission for county roads that benefited, special assessments against individual properties benefited, and advances from the public corporation.

The cash and investments of the Chapter 21 Drain Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Chapter 21 Drain Fund capital projects not funded by the issuance of debt may be included in a pooled cash and investment account.

The Revised Municipal Finance Act authorizes the following categories of debt proceeds to be pooled or combined for deposit and investment purposes, but only with other capital project funds created for the same category of debt: 1) voted bonds; 2) non-voted bonds, other than special assessment bonds; and 3) special assessment bonds. The Chapter 21 Drain Fund may participate in one of these pools (or a pool consisting of the various Chapter 21 drainage districts) if the bond ordinance does not restrict the issue to separate bank and investment accounts. Funds in this category may be required by bond ordinance, local unit resolution, charter, etc., to have separate cash and investment accounts.

841-Lake Level Fund

The Lake Level Fund is used in counties to account for the construction and maintenance of lake level projects. The Lake Level Fund is permitted by 1994 PA 451, MCL 324.30701 to MCL 324.30723. Each individual lake level district must be accounted for separately within the Lake Level Fund.

The primary sources of revenue for this fund are special assessments, and bond and note proceeds.

The Lake Level Debt Service Fund Number 891 must be used to accumulate the special assessments levied to retire the debt when lake level district bonds or notes are issued.

The cash and investments of the Lake Level Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Lake Level Fund capital projects not funded by the issuance of debt may be included in a pooled cash and investment account.

The Lake Level Fund will record the expenditures and a balance Due to the Lake Level Revolving Fund as bills are paid by Lake Level Revolving Fund Number 842.

The Lake Level Revolving Fund is used in counties to account for money advanced from the county General fund for engineering, surveys, and other preliminary costs of new lake level projects and maintenance work on established lake level districts. The Lake Level Revolving Fund is reimbursed from the Lake Level Fund as special assessments are collected. The Lake Level Revolving Fund is permitted by 1994 PA 451, MCL 324.30701 to MCL 324.30723. Each individual lake level district must be accounted for separately within the Lake Level Revolving Fund.

The cash and investments of the Lake Level Revolving Fund are subject to the requirements of 1943 PA 20, MCL 129.91. The Lake Level Revolving Fund may be included in a pooled cash and investment account.

843-Lake Improvement Fund

The Lake Improvement Fund is used to account for funds used in financing lake improvements. This fund is classified as a Capital Project Fund (Special Assessment District) because the improvements are paid (completely or in part) by property owners who are deemed to be specifically benefited whether through a tax levy or special assessments. This fund can be found in any local unit of government.

This fund may be authorized by:

A petition of two-thirds (2/3) of the freeholders owning land abutting the lake.
A motion of any local government body where the whole or any part of the inland lake is situated.
Creation of a special assessment district.

This fund is permitted by 1994 PA 451, MCL 324.30901 to MCL 324.30929. The Michigan Department of Treasury requires this fund based upon the Government Finance Officers Association (GFOA) philosophy of segregating revenue for special assessment districts and statutory compliance.

Money for the operation of this fund may be supplied by a tax levy or special assessments, appropriation (transfer in) from the General Fund of the local unit, at-large-assessment on the local unit, federal and/or state grants, gifts, bequests, etc., and bond proceeds. Fund Number 220 should be used to account for expenditures incurred to maintain the improvements.

844-Lake Pollution Control Fund

The Lake Pollution Control Fund is used to record the financing of lake pollution control projects. This fund is classified as a Capital Project Fund (Special Assessment District) because the lake pollution control project would be financed by property owners who are deemed to be specifically benefited. This fund can be found in any local unit of government. This fund may be authorized by a vote of the people creating a special assessment district.

The Michigan Department of Treasury requires this fund in accordance with generally accepted accounting principles established by the Governmental Accounting Standards Board. Money for the operation of this fund is supplied by a special assessment levy, transfers in (an appropriation) from the General Fund of the local unit, federal or state grants and bond proceeds. Fund Number 224 should be used to account for maintenance expenditures after the capital project is completed. A separate fund should not be established if the entire expenditure is financed by a General Fund transfer in (appropriation).

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MI Department of Treasury Uniform Chart of Accounts Description of Governmental Funds

101-General Fund

102-Budget Stabilization Fund

151-Cemetery Trust Fund

155-Endowment Fund

201-County Road Fund

202-Major Street Fund

203-Local Street Fund

204-Municipal Street Fund

205-Public Safety Fund

206-Fire Fund

207-Police (Or Sheriff) Fund

208-Park/Recreation Fund

209-Cemetery Fund

210-Ambulance Fund

212-Liquor Law Enforcement Fund

215-Friend Of The Court Fund

219-Street Lighting Fund

220-Lake Improvement Fund

221-Health Department/District Health Fund

222-Community Mental Health Fund

224-Lake Pollution Control Fund

226-Rubbish Collection Fund

227-Sanitary Landfill Fund

228-Solid Waste Impact Fund

229-Lodging Excise Tax Fund

231-Parking Meter/System Fund

240-Mosquito Control Fund

241-Planning Commission Fund - Regional

242-Local Brownfield Revolving Fund

243-Brownfield Redevelopment Authority Fund

244-Economic Development Corporation Fund

247-Tax Increment Finance Authority Fund

248-Downtown Development Authority Fund

249-Building Department Fund

250-Local Development Finance Authority Fund

255-Property Tax Exemption Fund

256-Register Of Deeds Automation Fund

258-Disaster Contingency Fund

260-Indigent Defense Fund

261-911 Service Fund

262-Federal Forfeitures Fund

263-Concealed Pistol Licensing Fund

264-Local Corrections Officers Training Fund

265-Drug Law Enforcement Fund

266-Law Enforcement Fund

267-Special Investigative Fund

268-Library System Fund

269-Law Library Fund

270-Historical Commission/Museum Fund

271-Library Fund

282-Cares Act

283-Land Bank Fund

284-Opioid Settlement Fund

288-Transportation System Fund

289-Automobile Theft Prevention Fund

290-Social Welfare Fund

291-Medical Care Facility Fund

292-Childcare Fund

293-Veterans’ Relief Fund

294-Veterans’ Trust Fund

295-Airport Fund

301-General Debt Service Fund

302-Equipment Debt Fund

308-Park System Debt Fund

311-Hospital Building Debt Fund

312-Industrial Complex Debt Fund

313-Animal Shelter Debt Fund

314-Mental Health Debt Fund

315-Refuse Disposal System Debt Fund

316-Parking System Debt Fund

317-Sanitary Landfill Debt Fund

320 through 329-Bond Debt Retirement Funds (Major Streets)

330 through 339-Bond Debt Retirement Funds (Local Streets)

340 through 349-Bond Debt Retirement Funds (Combined Major and Local Streets)

362-Bond Debt Fund (Road)

365-Public Works Projects Debt Fund

366-Jail Building Debt Fund

MI Department of Treasury Uniform Chart of Accounts
Description of Governmental Funds