12-Gov Capital Proj - 2021Governmental Capital Project Fund
Purpose:
( To build up cash reserve balances for future capital expenditures, including major purchases of equipment and vehicles, other than those recorded in the Enterprise (Proprietary) Funds
( To account for the spending of capital expenditure reserves, which include items that are not recurring or that will take more than one year to complete
( To account for the costs of projects in a separate fund from the associated activity, in order to separate the capital outlay expenditure from the operating budget
( To track funding sources specifically designated for capital projects