The detail of interfund transfers for the year ended June 30, 2022 is as follows:
| Transfer to | Transfer from | Amount |
|---|---|---|
| General Fund | Debt Service | $ 2,000 |
| Secondary Roads | Rural Services | 4,697,216 |
| Nonmajor Governmental Funds | General Fund | 100,000 |
| Rural Services | 70,000 | |
| 170,000 | ||
| Sunnycrest Operations | General Fund | 1,427,469 |
| $ 6,296,685 |
I ransters generally move resources from the fund statutorily required to collect the resources to the fund statutorily required to expend the resources. The transfer to Sunnycrest Operations Fund represents an operating subsidy from the General Fund.
The County has made funds available for interest-free loans to rural Dubuque County fire departments and EMS services to purchase fire protection and life support equipment through the County Assistance Fund. These amounts are to be repaid to the County in annual installments. The balance of these notes receivable at June 30, 2022 was $286,000.
The County has guaranteed receivables through the Rural Economic Development Intermediary Relending Program with four loans to businesses located in Dubuque County, totaling $146,730 at June 30, 2022. The loans are accounted for in the Rural Economic Development Fund and mature in varying amounts through June 30, 2032.
The County has made an interest-free loan to the City of Rickardsville for a sewer relocation project. This amount is to be repaid to the County in annual installments. The balance of this note receivable at June 30, 2022 was $66,000.