GOVERNMENTAL FUNDS
GENERAL FUND:
The General Fund is the general operating fund of the County. It incorporates a variety of
revenue sources, including property taxes, licenses and permits, intergovernmental and
grants, and charges for services.
SPECIAL REVENUE FUNDS:
The following comprise the special revenue funds of the County: the Municipal Services
Fund, Library Fund, and the B Road Fund. These funds are accounted for as
special revenue funds on the basis that a significant part of their revenues are legally
restricted for specific purposes related to their operations.
DEBT SERVICE FUND:
The Debt Service Fund is used to account for the accumulation of resources for
general long-term principal and interest payments maturing in future years.
CAPITAL PROJECT FUNDS:
The Capital Projects Fund are used to account for the acquisition and construction
of capital projects. The general obligation bond proceeds and expenditures for
construction of a new County jail. The Capital Projects Fund was created to account for
funds accumulated for capital projects financed on a pay-as-you-go basis, and for the cost
of construction projects.
