Discussion Questions 1 what are encumbrances ? what are the challenges with property tax revenues? w

Discussion Questions 1 what are encumbrances ? what are the challenges with property tax revenues? w

Discussion Questions

1 what are
encumbrances? what are the challenges
with property tax revenues? what are
exchange and nonexchange transactions?

2 What are internal
service funds? How are they used?

3 What are
enterprise funds? What type of
enterprise funds does your town or city have in their financial statements?

4 What are
Proprietary funds? What are they used for?

5 agency and trust
funds Discuss these two fund types –
what is found in each of these funds?

6 What is the
difference in Permanent funds and Fiduciary funds

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