Identify fund an actual state or local government engages


Assignment Task: Identify Appropriate Fund An actual state or local government engages in each of the activities described below.

1. Accounts for revenue from a one half cent sales tax levied to fund transit projects which are part of the 2025 Integrated Transit/Land Use Plan for the county.

2. Accounts for the construction and renovation of School facilities, land acquisition along with parks and greenways, and also the construction and renovation of the county community college.

3. Accounts for solid waste disposal and recycling services to residents who pay a fee for the services.

4. Accounts for assets held by the county for employee flex spending, social service and jail clients.

5. Accounts for revenue received from a one cent restaurant tax, 3½% hotel tax, and football admission gross receipts and expenditures made to promote convention and tourism activities.

6. Accounts for the 10% of collected fees which are required by law to be expended for computer and imaging technology for the Register of Deeds office.

7. Accounts for the contributions, claims and administrative costs of providing healthcare benefits to county retirees who have met the requirements to receive the benefit upon retirement.

8. Accounts for fuel services provided to other funds.

9. Accounts for the additional property taxes for fire protection service districts, which are levied on residents in the unincorporated areas of the county.

10. Accounts for contributions, revenues and expenditures for perpetual maintenance of the municipal Memorial Park cemetery. Fund principal must be maintained.

Required: Indicate the type of fund in which each activity is recorded by the state or local government.

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Accounting Basics: Identify fund an actual state or local government engages
Reference No:- TGS03034420

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