89
Thurston County Washington 2000
Enterprise Funds
Enterprise Funds account for operations that (1) are financed
and operated similar to private business enterprises the
intent is that all the costs of the goods and services are
recovered by user charges; or (2) by periodic review revenue,
expenses and net income are checked for management
accountability or other purposes. The accrual basis of account-
ing is applied. The County maintains 26 individual enterprise
funds. Similar individual Enterprise Funds have been grouped
on a functional basis to enhance communication and the
understanding of the financial statements. A description of
each fund and group of funds follows:
Enterprise Administration This fund accounts for the
Water and Waste Management common department overhead
charges, as well as fulfilling vacation and sick leave funding
liability within the department. The funding source is operating
transfers from the other funds in the Water and Waste Manage-
ment Department.
Solid Waste This group includes: Solid Waste Construc-
tion; Solid Waste Facilities Bond Redemption; Solid Waste
Operations; and Solid Waste Reserve for Closure.
Water/Waste Water Utilities A group of funds to account for
providing water and waste water services to several small
communities in the unincorporated area of Thurston County.
The group of funds provides planning of possible future utilities,
as well as low-cost government loans for replacing and
repairing failing waste water systems. The group includes:
Tamoshan Water/Waste Water Utilities; Tamoshan Debt
Redemption; Tamoshan Capital Reserve; Olympic View Waste
Water Utility; Olympic View Capital Replacement Reserve;
Olympic View Debt Service; Grand Mound Waste Water Capital
Replacement Reserve; Grand Mound Water Capital Replace-
ment Reserve; Grand Mound Waste Water Utility; Grand
Mound Water Utility; Grand Mound Debt Service; Utilities
Planning and Development; Boston Harbor Water/Waste Water
Utilities; Boston Harbor Water/Waste Water Debt Service;
Boston Harbor Wat