GOVERNMENTAL FUND TYPES PROPRIETARY FUND TYPES - dca ga 2026

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Governmental funds generally used to account for tax-supported (governmental) activities. Proprietary funds used to account for business-type activities (such as activities supported, at least in part, by fees or charges).
The new fund balance classifications will indicate the level of constraints placed upon how resources can be spent and identify the sources of those constraints. Constraints are broken down into five different classifications: nonspendable, restricted, committed, assigned, and unassigned.
GASB defines major funds as those meeting the following criteria: The total assets plus deferred outflows, liabilities plus deferred inflows, revenues, or expenditures/expenses of the individual governmental or enterprise fund are at least 10 percent of the corresponding total (assets, liabilities, etc.)
There are three basic types of funds: governmental, proprietary, and fiduciary. 4.3.
Governmental funds All governmental funds can be classified into one of five fund types: the general fund, special revenue funds, debt service funds, capital projects funds, and permanent funds (see Exhibit 4-2). Frequently of the spec reporting ] grants.

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Funds used in the government model are classified into three broad categories: governmental, proprietary and fiduciary.
Governmental funds All governmental funds can be classified into one of five fund types: the general fund, special revenue funds, debt service funds, capital projects funds, and permanent funds (see Exhibit 4-2).
There are two types of proprietary funds: enterprise funds and internal service funds.

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