In public sector accounting, the primary or catchall fund of a government, government agency, or nonprofit entity such as a university. It is similar to a firm's general ledger account, and records all assets and liabilities of the entity that are not assigned to a special purpose fund. It provides the resources necessary to sustain the day-to-day activities and thus pays for all administrative and operating expenses. When governments or administrators talk about 'balancing the budget' they typically mean balancing the budget for their general fund.
Related information about general fund:
- What is general fund? definition and meaning
Definition of general fund: In public sector accounting, the primary or catchall fund of a government, government agency, or nonprofit entity such as a university .
- - What is the General Fund? What is the current size of the General ...
What is the General Fund? What is the current size of the General Fund?
- What Is a General Fund?
A general fund is a nonprofit entity's financial pool of resources. The money in a general fund comes from several sources, such...
- City of Tacoma - What is the General Fund?-
What is the General Fund? The General Fund is the City's primary operating fund and accounts for all activities of the City except those required to be accounted ...
- Puerto Rico General Fund - Wikipedia, the free encyclopedia
The Puerto Rico General Fund (Spanish: Fondo General de Puerto Rico) is the primary operating fund of the government of Puerto Rico and comprises the ...
- State General Fund-Description - Alabama Department of Finance ...
The State General Fund (GF) is one of five major operating funds in the State of Alabama. Revenues credited to the GF are used for the ordinary expenses of the ...
- Oregon Blue Book: Government Finance: State Government
These funds are known as the General Fund, Lottery Fund, Other Funds and Federal Funds. The total “Legislatively Approved Budget” for the 2009–11 biennium ...
- General Fund
Oct 29, 2012 ... The Appalachian Community Fund (ACF) makes grants on a yearly basis from the General Fund Program which is supported by a combination ...