GASB standards provide particular guidance for the use of special revenue funds. Specifically, the standards require that special revenue funds be used only if a substantial portion of the resources are provided by one or more restricted, committed or assigned revenue sources.

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GASB standards require that special revenue funds be used only if a substantial portion of the resources are provided by one or more restricted or committed revenue sources. Assignment of resources is not sufficient for the establishment of a special revenue fund.

GASB Standards Provide Particular Guidance for the Use of Special