1 General Fund = Operating Catch-all Fund
A. Revenue Sources
-Taxes
-Intergovernmenal Revenue
-Fines and Penalties, Licenses and Permits
-Charge for Service
-Other Revenue
B. Expenditure Types
Character
-Current operating expenditures
-Capital outlay expenditures
Function/Program
-General government
-Education
-Public safety
-Health and welfare
-Culture and recreation
C. Internal Financing
-Making a loan
-Making a contribution of equity or revenue
-Making up a deficit
2 Special Revenue Fund
A. Revenue Sources
-Intergovernmental Revenue: special taxes, operating grants
-Fees: special fees
B. Expenditure Type
-Current operating expenditures
C. Expendable Trust Fund: Restricted Donation
Expendable principal and earning=Special revenue fund
Nonexpendable earnings only=permanent fund
D. Pass Thru Fund
Monitor=special revenue fund
Not monitor=agency fund
3 Capital Project Fund
Major capital assets
General fixed assets
A. Revenue Sources
-bond proceeds
-restricted grants
-Interfund transfers
-taxes specifically identified for construction
-investment earnings
B. Expenditure Type
Character
-Capital outlay expenditures
C. Special Assessments
Primarily or potentially liable=Debt service fund
Not primarily or potentially liable=Agency fund
4 Debt Service Fund
General obligation debt for governmental fund only
-general obligation bond
-revenue obligation bond
A. Revenue Sources
-Interfund transfers
-Allocated portion of property tax
-Investment earnings
B. Expenditures Type
Character
-Debt service expenditure
5 Permanent Fund
only earnings not principal may be expended
endowments