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-6.1.E. - Page 145 <br /> AGENCY FUNDS <br /> Agency funds are used to account for assets held by government in a trustee capacity or as an agent for <br /> an individual. <br /> Employee Benefit Plans Fund—This fund is used to account for contributions to certain employee benefit <br /> categories established by the City under Section 125 of the Internal Revenue Code for the employees and <br /> their dependents. <br /> Pacific Shores Community Facilities District Fund—This fund accounts for the Mello-Roos Pacific Shores <br /> Project special tax bonds that were issued to fund various transportation system improvements within <br /> the City's right-of-way in the Pacific Shores district. <br /> Shores Transportation Improvement District Fund — This fund accounts for the Mello-Roos Shores <br /> Transportation Improvement special tax bonds that were issued to fund various transportation projects <br /> in the Redwood Shores area. <br /> One Marina Community Facilities District Fund—This fund accounts for the Mello-Roos One Marina <br /> Project special tax bonds that were issued to fund certain public infrastructure improvements projects <br /> within the One Marina district. <br /> Community Benefit Improvement District Fund—This fund accounts for the assessments collected on <br /> behalf of the Downtown Redwood City Community Benefit Improvement District which was established <br /> to enhance and support the City's Downtown business district. <br /> 116 <br />