An agency fund is used to account for assets of outside parties or assets held in escrow. Agency funds do not report operations as governmental funds (i.e. General Fund), only additions and deductions. The assets are not owned or controlled by the city, though the city maintains a fiduciary responsibility over the assets. The city maintains one agency fund with distinct classifications.
The City of Greenbelt receives no portion of these funds nor does it charge an administrative fee for processing the donations.
The classifications include:
The Good Samaritan Fund
This fund provides financial assistance to out-of-town persons stranded in Greenbelt and low income individuals in need of a few dollars to purchase gas or groceries. This program receives funding from the churches in Greenbelt and other civic associations. During the Coronavirus Pandemic, the Good Samaritan Fund is collecting monies to support the St. Hugh's Food Pantry.
Emergency Assistance Fund
This fund has been established to accept and disburse donations received to assist Greenbelt residents to pay rent to avoid possible eviction. Approximately a dozen individuals receive assistance from these funds each fiscal year.
Greenbelt Recreation Department
The Recreation Department receives contributions from various sources. The monetary donations are used to support camp scholarships, special events and other designated programs as specified by the donor. Monies are transferred to the General Fund to offset the program as appropriate.
Advisory Committee on Education
Contributions are made to the Advisory Committee on Education (ACE). These monies fund ACE initiatives such as its scholarship fund.