Budget Manual 2020

Budget Manual

8506

Interest – BB&T Escrow

Interest earned on investments.

8507

Interest Earned - Build America Bonds

Interest earned on Build America Bonds sold as part of the American Recovery and Reinvestment Act to create jobs. Interest earned from investment of bond proceeds. Proceeds from the interest earned on the Market Value of Investments.

8510

Interest Earned - Sale of Bonds

8511

Gain/Loss on Market Value of Investments FMV Adjustment - Discount Investment

8512

Interests earned on Discount Investments.

8520

Interest Earned - Notes & Mortgages Interest collected on notes and mortgages due to the City.

8530

Interest Earned - Duke Power Note

Interests earned from the Duke Power Note related to the agreement with Duke Power for the provision of transit services.

Sale of Materials and Fixed Assets 8600

Sale of Materials

Proceeds from sale of surplus materials, storm pipe and other materials.

8602

Sale of Books

Sale of library books and special book sales.

8604

Sale of Vehicles

Sale of City vehicles - surplus property.

8606

Sale of Equipment

Sale of surplus equipment.

8608

Gain on Disposal of Capital Assets

Proceeds from the sale of City assets above the depreciated value of the asset.

Sale of Real Estate 8610

Sale of Foreclosured Property - General Fund

Proceeds from sale of foreclosed property.

8612

Sale of Foreclosured Property - Water & Sewer Fund

Proceeds from sale of foreclosed property.

Detail Revenue Codes G-23