Rev 2004.06

Source 3500: Revenues from Miscellaneous
Sources . Revenues from miscellaneous sources shall be classified
into the following accounts:
(a) Account
3500, special assessments, classification shall be for amounts levied against
certain properties to defray all or part of the cost of specific
capital improvements or services deemed to benefit primarily
those properties;
(b) Account
3501, sale of village district property, classification shall be for proceeds
from the sale of property previously used to pursue village district
business;
(c) Account
3502, interest on investments, classification shall be
for revenue received as compensation for the use of
the village district's financial resources over a period of time;
(d) Account
3503, rents of property, classification shall be for revenue received as
compensation for the use of the village district's property;
(e) Account 3504,
fines and forfeits, classification shall be for revenue received from fines,
penalties, and forfeits imposed for:
(1) The
commission of statutory offenses;
(2) Violation
of lawful administrative rules;
(3) Neglect
of official duties; and
(4) Confiscating
deposits held as performance guaranties;
(f) Account
3506, insurance dividends and reimbursements, classification shall be for:
(1) Monies
returned from the payment of insurance premiums paid in a prior period; or
(2) Claims
for which the expenditure was incurred in prior
periods;
(g) Account 3508,
contributions and donations, classification shall be for revenue provided by
private or public contributions; and
(h) Account 3509,
revenue from other miscellaneous sources not otherwise classified,
classification shall be used to accumulate information for reporting purposes
regarding revenue from miscellaneous sources not classified
in (a) through (g) above.
Source. #10675, eff 9-24-14 (from