| A | B |
|---|
| Governmental Funds | Account for activities that provide citizens with services financed primarily by taxes/grants. |
| Fiduciary Funds | Account for resources for which the governmental unit acts as a trustee or agent. |
| General Fund | Accounts for resources that have no specific restrictions & are available for operational expenditures. |
| Special Revenue Funds | Account for resources that legally are restricted to expenditure for specific operational purposes. |
| Capital Projects Fund | Account for resources to be used for the construction/acquisition of major capital facilities. |
| Debt Service Funds | Account for resources to be used for payment of general long-term debt and interest. |
| Permanent Funds | Account for resources that are legally restricted so that only their earnings may be used to finance operations. |
| Appropriations | Authorized expenditures. |
| Budgetary Accounts | Used to enter the budget into the accounting records. |
| Operating Accounts | Actual expenditures, other financing uses, revenues, & sources that occur during the period. |
| Unreserved Fund Balance | The balance of unrestricted, unreserved financial resources in a fund. |
| Designated Fund Balance | The portion of unrestricted fund balance that management has identified for specific purposes. |
| Special Assessment Projects | Capital improvements/services for the benefit of particular groups of property owners paid by the same property owners. |
| Proprietary Funds | Account for business-type activities of a government. |
| Enterprise Funds | Account for goods and services provided by a governmental unit to the general public. |
| Restricted Assets | Assets upon which some limitation has been imposed that makes them available only for designated purposes. |
| Internal Service Funds | Account for activities associated with goods or services provided to other departments/units. |
| Agency Fund | Required when money collected or withheld, such as deductions from government employees' salaries for social security. |
| Fund Capital Assets | Fixed assets of a proprietary fund or a fiduciary fund are accounted for within those funds. |
| General Capital Assets | Fixed assets of the government acquired with governmental funds. |
