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References in periodicals archive ?
Given the option of paying the same price for both, most internal service fund customers will select the larger Explorer instead of the more economical Escape.
The town's internal service fund also maintains excess reserves to cushion itself from large unexpected insurance claim years.
One possible accounting method would be to establish an internal service fund for these obligations, which would allow the expenses/expenditures to be charged to the appropriate fund.
A partial list of funding strategies includes the following: General Fund Investment Fund Internal Service Fund Grants Capital Projects Light Duty Workers Capital Funding (GIS as Infrastructure) Volunteers Bonds Use of Police Explorers Data Trusts Use of Fire Cadets Digital Submissions Ordinance Universities Recordation Fees Continuing Education Benefits Utility Fee Interns (Paid) 911 Fees Interns (Non Paid) Sales Tax Light Duty Workers Data Sales Enterprise Fund Product Sales Replacement Fund (Infrastructure) Federal Government Grants Wireless E911 Private Grants Transaction Fees Cooperative Data Agreements Joint Power Authorities Charge Back (Departmental) Fee for Service Fee for Service (Government to Government) Project Budgets Convenience Fees (Internet)
For example, the remaining fund information for a county (the primary government) might consist of only a small internal service fund used to account for telephone services to various county departments and a small nonmajor real estate assessment fund used to account for the monies from tax settlements, both of which are immaterial to the county.
Proposed changes to general fund and internal service fund budgets, public safety services, infrastructure and planning, culture/leisure services and central business functions.
* Internal Service Funds. Two cities had an internal service fund for their management information system (MIS) that charged costs directly to the budgets of user departments.
GASB allows the creation of two separate funds to pay for losses - a "general fund" to account for all financial transactions not properly accounted for in other funds, and an "internal service fund" to finance special activities performed by units of government for other units of the same entity.
The King County Fleet Administration division operates under an internal service fund system.
The KCGIS Center is organized as an internal service fund within King County's government structure, responsible for providing GIS services to internal clients and external agencies.
Alexandria had only one internal service fund, and its activity was concentrated in just a few departments, so it wasn't hard to determine functional costs to allocate to the fund's income, but governments with several internal service funds may find it more difficult.
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