ACCY161_Sp11_Notes10

ACCY161_Sp11_Notes10 - ACCY 161 Spring 2010 I. Class Notes...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ACCY 161 – Spring 2010 Chapter 5 Accounting for General Capital Assets and Capital Projects #2 (The are not the same – can be a little confusing) ACCY161Sp10_Notes09_b Page 1 of 2 I. Class Notes 1. Projects during the last half of the semester II. Last Time: Capital Projects Fund and Capital Assets 1. General capital assets 2. Capital asset 3. Capital project and Capital project fund 4. Sources and uses B. Terms 1. Other financing sources 2. Other financing uses: 3. Interfund transfers: C. Special assessment districts: Mello-Roos District: Community Facility District – a CFD. See separate handout. a. Sometimes called a special assessment district b. Allows for property owners to assume debt to fund improvements c. Usually linked to a related debt to pay for the improvements d. Generally blended with the primary government to form the reporting entity 2. Skip insurance recoveries 3. Will come back to multi-year projects when we cover Chapter Nine III. You should read the section on the transaction and focus on these entries – these are the new
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

ACCY161_Sp11_Notes10 - ACCY 161 Spring 2010 I. Class Notes...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online