18-19

When a governmental unit levies a fee for use of services it provides (such as sidewalks, roads, street lights) this fee is usually called a(n) (two words) This fee is usually for services that benefit a group of citizens instead of the citizenry as a whole. The general fund transfers $10 million to the capital projects fund to pay partial cost on a new building? The capital projects fund then disburses $7 million to the contractor in partial payment. What does the capital projects fund debit for the payment? a. expenditure - construction b. cash c. construction in progress d. nonreciprocal transfer from general fund e. buildings