Question: Locate the Web site for the municipality in which your college or university is located. Is the municipalitys financial report available on the Web site?

Locate the Web site for the municipality in which your college or university is located. Is the municipality’s financial report available on the Web site? If so, review the CAFR and answer the following questions:

a. How many governmental funds does the government have? List the name of one special revenue fund.
b. Does the government have a capital projects fund? For what purpose was it created?
c. How many enterprise funds does the government have? List the name of one enterprise fund.
d. How many trust and agency funds does the government have? List the name of one such fund.

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