 | Jack Rabin - Political Science - 1992 - 758 pages
...law or administrative regulation (expendable funds or for major capital projects). Debt service funds to account for the accumulation of resources for, and the payment of, interest and principal on general long-term debt. Capital project funds to account for the receipt... | |
 | D. R. Carmichael, Paul H. Rosenfield - Business & Economics - 2003 - 842 pages
...facilities (other than those financed by proprietary funds and trust funds). 4. Debt Service Funds. To account for the accumulation of resources for, and the payment of, general long-term debt principal and interest. 5. Permanent Funds. To account for the resources used... | |
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Capital projects funds are used to account for financial resources to be used for the acquisition or construction of major capital facilities (other than those financed by proprietary funds and trust funds). 