(10) Operating Transfers
Operating transfers constitute the transfer of resources from the fund that receives the resources to the fund that utilizes them. Operating transfers during the year were as follows:
| Transfers In (Out) | ||||
| General | Special Revenue |
|||
| Source of operating transfer: | ||||
| Guaranteed deposits - water services | $ | 55,007 | - | |
| Federal grants | 109,507 | (109,507) | ||
| Revolving funds | (77,940) | 77,940 | ||
| Receipts reserved for appropriation | 63,331 | (63,331) | ||
| $ | 149,905 | (94,898) | ||
Interfund transfers do not balance by $55,007, the amount the general fund received from the City's agency fund.