Term
Enterprise Funds
Also known as: Proprietary funds, Self-supporting funds
Funds for City operations that function like a business — fully or substantially self-funded by user charges.
Examples: Menlo Park Municipal Water (Fund 600). Operate on a full cost-of-service basis; rates are set to recover costs including depreciation.
In Menlo Park
FY 2027 Enterprise Fund revenue: $19.6M.