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Fund Balance Classifications
Categories used to report the net position of government funds under accounting standards, showing restrictions or commitments on fund use.
Restricted Fund Balance
The portion of a fund's balance that is limited in use by external donors, grant conditions, or legal restrictions.
Assigned Fund Balance
Part of a governmental entity's fund balance that is earmarked for a specific use but can be changed by the entity's management.
Private Purpose Trust Fund
A type of trust fund in the public sector meant to benefit specific individuals, private organizations, or other governments.
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