Where are dedicated by rider revenues accounted for in the municipal budget?

Dedicated by rider revenues are accounted for in the Trust Fund within the municipal budget. A Trust Fund is a special fund established for specific purposes, allowing municipalities to set aside money for particular projects or expenses. These revenues, often tied to specific uses like funding community programs or projects, are not part of the regular operating or capital budgets but are instead allocated to a designated fund that ensures they are used for the intended purpose.

This ability to track and allocate funds separately makes the Trust Fund essential for accountability and transparency in how dedicated revenues are spent, as they may come from specific sources such as grants, donations, or dedicated taxes intended for a particular initiative within the municipality. By using a Trust Fund, municipalities can maintain a clear record of how these dedicated revenues are generated and utilized, helping to ensure compliance with relevant regulations and community expectations.