Long-term borrowing is a source of financing capital acquisitions, but the borrowing is not reported as a liability of the Capital Projects Fund.
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Q6: All funds report both financial assets and
Q7: Assets of governmental-type funds include cash and
Q8: For financial reporting purposes, operating transfers from
Q9: Special Revenue Funds are used to account
Q10: Likely sources of funding major capital projects
Q12: Capital assets are reported in the assets
Q13: Capital asset acquisitions are always financed with
Q14: It is not possible for expenditures of
Q15: Enterprise Funds are financed to some degree
Q16: For financial reporting, current assets and liabilities
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