Private Purpose Trust Funds are a type of proprietary funds.

Name: Private Purpose Trust Funds are a type of proprietary funds.
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Private Purpose Trust Funds are a type of fiduciary fund, not proprietary funds. Proprietary funds are used for government activities that operate in a similar manner to private businesses, whereas fiduciary funds are used to account for assets held by the government in a trustee or agency capacity for others.

Private Purpose Trust Funds Are a Type of Proprietary Funds