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CAPITAL PROJECTS FUNDS CAPITAL PROJECTS FUNDS ARE USED TO ACCOUNT FOR THE ACQUISITION AND CONSTRUCTION OF MAJOR CAPITAL FACILITIES OTHER THAN THOSE FINANCED BY PROPRIETARY FUNDS. Major Capital Projects

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What is capital projects funds?

Capital projects funds are used to account for financial resources that are designated for the acquisition or construction of major capital facilities or infrastructure projects.

Who is required to file capital projects funds?

Government entities, including state and local governments, are typically required to file capital projects funds.

How to fill out capital projects funds?

Capital projects funds are generally filled out by recording the inflow and outflow of financial resources related to capital projects, including the receipt of funding, expenditures, and any transfers.

What is the purpose of capital projects funds?

The purpose of capital projects funds is to provide a separate accounting entity for financing major capital projects, ensuring that resources are properly allocated and tracked.

What information must be reported on capital projects funds?

Information that must be reported on capital projects funds includes the source and use of capital project funding, details of expenditures, and any transfers of resources to or from the fund.

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