Enterprise / Business-Type Activities (500-699)
540 Electric Enterprise — Operating
Enterprise fundsSince 2026.03
Cities FTR
38:ENTERPRISE; forms 04-13 by block
The fund category decides the form and column. See how the FTR is built.
- What it is
- Day-to-day revenues and costs of the electric utility: buying or generating and delivering electricity.
- Accounting standard
- Enterprise funds are proprietary funds using the accrual basis of accounting. They report operating income, nonoperating items, and changes in net position.
- Accounting note
- Recommend reserving a 3-digit block per enterprise (e.g., 51x Water, 52x Sewer) and using local subfunds (4th digit) for capital, debt, grants, and impact fees within the enterprise. Local subfund expansion is permitted (recommended as a 4th digit) to create program/project detail while maintaining the 3-digit base fund rollup.
- Reporting note
- Reports on the Cities FTR Electric Enterprise form (form 05). Counties and special districts report it on their own enterprise forms.
- Examples
- Electricity sales; power purchases.
- Do not use for
- Construction projects (subfund 3 of the block) and bond proceeds and payments (subfund 4).
Local expansion
Optional local expansion: append 4th digit (###D). Universal parent is first 3 digits.