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