Lesson: Governmental Expenditures - General Fund

In this lesson, delve into the intricacies of governmental expenditures pertaining to the general fund, where Nick Palazzolo, CPA, sheds light on how most operational funds flow through this fundamental part of government finance. Nick breaks down various categories of general government expenses, such as those related to city administration, including employee salaries and city management. He also addresses the crucial areas of public safety - think police, fire departments, and prisons - and doesn't miss out on the facets of culture and recreation like parks, pools, museums, and libraries. It's an engaging exploration of the expenses that keep local governments running and the services that enhance community life.