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Why would a state or local government establish a capital project fund? What type of project might be considered a capital project?

Why would a state or local government establish a capital project fund? What type of project might be considered a capital project? Could operating functions ever be funded with capital projects funds? How could these administrative controls assuring that funds not be shifted between funds be circumvented? Should the managers ever compromise their Integrity by transferring money between funds however well intended that transfer might be?

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The main is to enhance accountability .It is also established for the purposes of having a structure that never... View the full answer

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