MAJOR FUND definition
MAJOR FUND means, as defined by the Governmental Accounting Standards Board (“GASB”), a fund that is reported in a separate column in the basic fund financial statements and is subject to a separate audit opinion in the independent auditor’s report. As defined, the Tax District shall report a Major Fund for the Wake Transit Work Plan operating funds and a Major Fund for the Wake Transit Work Plan Capital Funds.
MAJOR FUND shall have the meaning given such term in Governmental Accounting Standards Board Statement 34.
MAJOR FUND means a governmental or enterprise fund reported as a separate column in the basic fund financial statements.
Examples of MAJOR FUND in a sentence
By: By: --------------------------------------------------- --------------------------------------------------------- Name: Name: ------------------------------------------------- ------------------------------------------------------- Title: Title: ------------------------------------------------ ------------------------------------------------------ WARBURG PINCUS EMERGING MARKETS WARBURG PINCUS MAJOR FUND, INC.
MAJOR FUND – A fund whose revenues or expenditures constitute more than 10% of the revenues and expenditures of the appropriated budget.
More Definitions of MAJOR FUND
MAJOR FUND. A fund as defined by the Governmental Accounting Standards Board ("GASB"), is reported in a separate column in the basic fund financial statements and is subject to a separate audit opinion in the independent auditor's report. The Tax District shall report at a minimum Major Fund for the Orange County Transit Annual Work Program Operating Funds and a Major Fund for the Orange County Transit Annual Transit Work Program Capital Funds.