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Capital Project Funds — Capital project funds are used to account for the financing of street projects, equipment replacement, public safety <br />equipment, and facility rehabilitation or renovation. Revenue sources are provided mainly through transfers, special assessments, and bond <br />sales. <br />• Municipal State Aid (MSA) Fund —The MSA Fund provides <br />for the improvement of designated state aid streets which <br />are funded by State of Minnesota funds. <br />• Improvement & Equipment Outlay Fund —The <br />Improvement & Equipment Outlay Fund provides for the <br />purchase of equipment and the construction or renovation <br />of City facilities. <br />• Permanent Improvement Revolving (PIR) Fund —The PIR <br />Fund is designed to provide temporary financing of projects <br />until permanent financing is available. <br />• Community Investment Fund —The Community Investment <br />Fund provides funding for projects of citywide importance <br />that have no other funding source. <br />City of Orono - 2019 Budget Page 9 <br />