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Compensation of a municipal swimming pool is being financed through a bond issue. The bonds will be repaid by admission and general fund appropriations. What is the primary fund to be used to account for the initial financing and construction. A. Enterprise fund B. Debt service fund C. Capital Project fund D. Special assessment fund Solution ans) Option (C) capital project fund The primary fund to be used to account for the initial financing and construction is capital project fund.

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Compensation of a municipal swimming pool is being financed through a bond issue. The bonds will be repaid by admission and general fund appropriations. What is the primary fund to be used to account for the initial financing and construction. A. Enterprise fund B. Debt service fund C. Capital Project fund D. Special assessment fund Solution ans) Option (C) capital project fund The primary fund to be used to account for the initial financing and construction is capital project fund

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