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What are the five types of governmental funds?

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Special Revenue- This is the account for revenue that has been earmarked by Law for a specific purpose.
Debt Service- This is used to pay any principles and interest on any long term debts.
General Fund- This is the account for general operations and activities.
Capital Projects- This is the account that is used for construction, or improvements on fixed assets.
Special Assessments- This is the account that is used for repair on public infrastructure, such as path and alley ways.
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