Which of the following is NOT a governmental fund?
A) City hall debt service fund.
B) City utilities enterprise fund.
C) Gasoline tax special revenue fund.
D) City hall capital projects fund.

Question

Which of the following is NOT a governmental fund? 
A) City hall debt service fund.
B) City utilities enterprise fund.
C) Gasoline tax special revenue fund.
D) City hall capital projects fund.

Quizplus · Accepted Answer

City utilities enterprise fund is not a governmental fund because it operates in a manner similar to a private business, where the costs of providing services to the public are financed through user charges. Governmental funds, on the other hand, typically account for tax-supported activities.

Which of the Following Is NOT a Governmental Fund