Accounting term used by the state and school districts to differentiate general revenues and expenditures from funds for specific uses, such as a Cafeteria Fund. (Ed-data)
The all-purpose account for all government money except that money which must be accounted for in another fund. Reporters frequently refer to it as the state's checking account or cash drawer. When the 2001 Legislature adjourned, it set a two-year general fund budget for fiscal 2002 and 2003 of $2.3 billion.
State funds used by the General Assembly for public programs and initiatives.
The largest fund in the state treasury, into which receipts from the major taxes are deposited. Most of the money in the general fund is not earmarked for specific purposes. (House Fiscal Analysis Department)
The General Fund is the predominant fund for financing state government programs. The primary sources of revenue for the General Fund are the personal income tax, sales tax, and corporation taxes. The General Fund is a major funding source for higher education.
Revenues are deposited into the State's General Fund if they are not designated for a particular purpose. General fund revenues are derived from general taxes paid by Virginia citizens and businesses, such as the corporate and personal income tax. See also NonGeneral Fund and Fund Code
A fund used to account for all financial transactions not properly accounted for in another fund.
the fund, since April 1990, within which most transactions of a local authority take place. Other funds held by a local authority may include a Collection Fund, Superannuation Fund and trust funds held for charitable purposes.
The total of the budgeted amounts that are not in special funds.
The general fund is used to account for the financial activities of the general government not required to be accounted for in another account. Refer to GOVERNMENTAL FUNDS.
The general fund consists of accounts for receipts not earmarked by law for a specific purpose, the proceeds of general borrowing, and the expenditure of these moneys.
The General Fund is used to budget and account for all receipts and expenditures for the basic operation and the programs of the school corporation. Expenditures from this fund may be made for items associated with the daily operation of a school corporation. This includes expenses for salaries of teachers, administrators, support staff, fringe benefits, supplies, heat, lights, maintenance and other day-to-day operation expenses.
That fund into which the general (non-earmarked) revenues of the State are deposited and from which monies are appropriated to pay the general expenses of the State.
The chief operating fund of a state government, a fund used to account for all financial resources which are not required to be accounted for in another fund.
the main fund of the budget which contains revenue used to provide services of general benefit to taxpayers, such as animal control, libraries, parks and the Constitutional Offices.
The primary fund of the City used to account for all revenues and expenditures of the City not legally restricted as to use.
A classification of federal funds whose receipt account is credited with federal revenues and offsetting receipts not earmarked by law for a specific purpose, and whose expenditure accounts record amounts provided in appropriation acts or other laws for the general support of the federal government. See expenditure account, federal funds, and receipt account; compare with trust funds.
The fund supported by taxes, fees, and other revenues that may be used for any lawful purpose.
The main operations fund used to account for revenues and expenditures except those required to be accounted for in special-purpose funds.
are the resources and related accounts and controls that are not accounted for in another, more specialized fund. Most activities are supported by the general fund.
A fund containing revenues, such as property taxes, not designated by law for a special purpose. Functions that are part of the General Fund include instruction, administration, maintenance and transportation.
All monies taken in and paid out by the town go into the general fund, which can be expended only by town meeting appropriation. Exceptions include the conservation fund, revolving funds, and gifts made to the library through its trustrees.
By statute the State General Fund covers all State appropriation, expenditure and receipt transactions, except those for which special constitutional or statutory requirements demand separate fund accounting. Most of the traditional State services are included in the General Fund. The accounts of the General Fund reflect the major share of the State's fiscal transactions. It is the predominant element in the annual budget review and enactment from the viewpoints of both appropriations and taxes. This is evidenced by the frequent identification of the "General" Fund with the State of Michigan as a whole. The General Fund is financed by what are defined as general purpose and restricted revenues. General purposes are self-explanatory. Restricted revenues are those resources that, by constitution, statute, contract or agreement, are reserved to specific purposes, and expenditures that are limited by the amount of revenue realized.
The principal operating fund of the county which includes all operations that are not required to be recorded in other funds. General Government Support -- All costs associated with providing services to the general public and other departments. (IE: District Attorney, Treasurer, Administration, County Attorney, Buildings & Grounds, Insurance)
A fund established by the Endowment Program from which grants can be made to support charitable causes across the country. The Program uses its own discretion to make these grants.
The operating fund of the County. This fund is supported by ad valorem taxes, licenses and fees, and other general revenues to provide county-wide operations.
Used to account for all financial resourcews and transactions not accounted for in another fund.
The general fund is the general operating fund of the City. All general tax revenues and other receipts that are not allocated by law or contractual agreement to some other fund are accounted for in this fund. Expenditures of this fund include the general operating expenses and other costs which are not paid through other funds.
A governmental unit's fund used to account for all financial resources except those required to be accounted for in another fund.
A fund type used to account for the ordinary operations of County government that are financed from taxes and other general revenues and are not accounted for in other funds. This is the most important fund in the Arlington County budget, and it is comprised primarily of local tax revenues and fees.
The general fund is the state's primary operating fund. It is used to account for all financial resources except those required to be accounted for in another fund.
Those unrestricted funds of the City of Santa Clara used for the general operation of the City, such as police and fire protection, and are not required to be accounted for in another fund.
Used to account for all revenues and the activities financed by them, not accounted for in some special fund.
The general fund is one of five governmental fund types and typically serves as the chief operating fund of the government. The general fund is used to account for all financial resources except those required to be accounted for in another fund.
The treasury fund into which all money not earmarked for a specific purpose is deposited. The general fund supports the general functions of state government.
The treasury fund into whichall money not earmarked for a specific purposeis deposited. The general fund supports thegeneral functions of state government.
This is the governmental fund used for most of the routine and traditional activities of government, such as police, fire, tax collection, and general administration. The general fund is the most common of all funds. It keeps track of current activities.