Special revenue funds definition

Special revenue funds means specific revenue sources which by legislative enactments
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Special revenue funds means specific revenue sources which by legislative enactments are not required to be accounted for as general revenue, including federal funds.
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Special revenue funds means specific revenue sources
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Examples of Special revenue funds in a sentence

  • Deficit Fund Balances Fund balances at June 30, 2023 included the following individual fund deficits: Special revenue funds: DeficitElementary and Secondary School Emergency Relief (ESSER) $ 3,154IDEA, Part B 76 NOTES TO THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023(Continued) NOTE 4 - BUDGETARY ACTIVITY Budgetary activity for the year ended June 30, 2023 follows: NOTE 5 - DEPOSITS AND INVESTMENTS State statutes classify monies held by the District into three categories.

  • Special revenue funds are used to account for and report the proceeds of specific revenue sources (that are expected to continue to comprise a substantial portion of the inflows of the fund) that are restricted or committed to expenditures for specified purposes other than debt service or capital projects.

  • The County reports the following nonmajor governmental funds:Special Revenue Funds – Special revenue funds account for and report the proceeds of specific revenue sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects.

  • Special Revenue Fund Types – Special revenue funds are used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes.

  • Special revenue funds are used to account for the proceeds of specific revenue sources that are restricted to expenditures for specified purposes.

  • Summary of significant accounting policies (continued) Basis of presentation (continued): Fund financial statements (continued) Special revenue funds: Special revenue funds are used to account for and report the proceeds of specific revenue sources that are restricted or committed to expenditures for specific purposes other than debt service or capital projects.


More Definitions of Special revenue funds

Special revenue funds means funds established to account for the proceeds of specific revenue sources that are legally restricted to expenditure for specific purposes.
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Special revenue funds means funds established to account for
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Special revenue funds means funds allocated in the Appropriation for designated purposes.
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Related to Special revenue funds

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.