3. Electric utility enterprise fund: a. Dell issued $4,000,000 revenue bonds at par. These bonds, together with a $500,000 transfer from the general fund, were used to acquire an electric utility....

3. Electric utility enterprise fund:

a. Dell issued $4,000,000 revenue bonds at par. These bonds, together with a $500,000 transfer from the general fund, were used to acquire an electric utility. Electric utility revenues are to be the sole source of funds to retire these bonds beginning in the year 2024.