ACCY161Fa10_Notes10

ACCY161Fa10_Notes10 - ACCY 161 Fall 2010 I. Class Notes 1....

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ACCY 161 – Fall 2010 Chapter 5 Accounting for General Capital Assets and Capital Projects #2 ACCY161Fa10_Notes10 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 A. Accounting classifications: 1. General capital assets 2. Capital asset 3. Capital projects and capital project fund 4. Sources and uses of funds 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 and page 197 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
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This note was uploaded on 12/15/2011 for the course ACCY 161 taught by Professor Staff during the Fall '10 term at CSU San Bernardino.

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ACCY161Fa10_Notes10 - ACCY 161 Fall 2010 I. Class Notes 1....

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