Enterprise Fund

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Enterprise Fund

A government-owned fund that sells goods and services to the general public. Enterprise funds are common at the local level. They must abide by the same generally accepted accounting principles that private companies do.
References in periodicals archive ?
Harmon thinks the Trump administration should build on the success of the Enterprise Fund and create similar enterprise funds in other countries that need growth and prosperity.
The bonds are secured by installment payments made by the city of Susanville, CA from its water and natural gas utility enterprise funds to the SPFA, as well as the rate stabilization funds (RSFs) of each enterprise.
M2 EQUITYBITES-December 13, 2017-Blue Magma Residential, NCP Enterprise Funds JV Acquires Southeast Multifamily Portfolio for USD 34m
Since enterprise funding is a required financing methodology for fee-supported service delivery,1 municipal revenue appropriated under enterprise funds have been used as an indicator to understand the usage of fee-supported service delivery in previous empirical studies (Bunch, 2000; Bunch & Ducker, 2003; DeHoog & Swanson, 1988; Gitajn, 1984; Molinari & Tyer, 2003; Rubin, 1985, 1988; Stumm, 1997, 2000; Stumm & Khan, 1996; Tyer, 1989).
WASHINGTON: Senior US senators were working Thursday to create special "enterprise funds" to help Egypt and Tunisia's economies recover from revolutionary turmoil and showcase Washington's goodwill.
Against a backdrop of funding cuts it was refreshing to see more investment in enterprise funds which will support those areas where investment is crucial to recovery.
Provides technology commercialization assistance for startup to established companies in addition to grants, loans through the Kentucky Enterprise Funds and the Kentucky Department of Commercialization and Innovation.
Selectman Wayne Miller questioned why enterprise funds are included in the budget adjustments, as they are supposed to be self-sustaining.
34 requires the separate presentation of financial statements for certain individual government and enterprise funds based on a "major funds" concept.
These statements present data about major funds individually and non-major funds in the aggregate for governmental and enterprise funds. Fiduciary statements present financial data regarding fiduciary funds and related aspects.
Because a government typically can have dozens of funds, GASB has limited the requirement of individual fund data to a government's major individual governmental and enterprise funds.

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