If a Capital Project Is Financed Partially by Use of Special

question 73

Essay

If a capital project is financed partially by use of special assessments,should the capital projects fund recognize revenue from the assessments at the time of the levy or at the time that the assessments are collected? Explain your answer.

---

Definitions:

Unschooling

A homeschooling alternative that rejects the standard curriculum in favor of student-driven types of learning.

Spiritual But Not Religious

Identifying with spirituality or a personal sense of connection to something greater than oneself without adhering to the beliefs of organized religion.

Fundamentalist

A person or doctrine that adheres strictly to traditional beliefs and practices, rejecting modern interpretations or innovations.

Evangelical

A term describing conservative Christians who emphasize converting others to their faith.