Video: Governmental Revenues - Special Revenue Fund

In this lesson, join Nick Palazzolo, CPA, as he demystifies the workings of the Special Revenue Fund used by government entities. He maps out the journey of funds that are legally earmarked for particular uses not covered by other funds, such as debt service or capital projects. With relatable examples like Red Light Camera Funds and Alcohol Tax Funds, Nick clarifies how these revenues are tightly coupled with their specific purposes. He wraps up with a reminder of the legal requirements that safeguard the use of Special Revenue Funds, ensuring they are utilized as intended and can't be diverted for unauthorized expenses.

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State and Local Government Concepts
Module: 2 Concepts, 21 Videos
Governmental Assets, Liabilities, Revenues & Expenses Overview and Objectives
1:32
Governmental Fund Structure
1:12
Governmental Revenues - General Fund
1:31
Governmental Expenditures - General Fund
0:31
Governmental Revenues - Special Revenue Fund
0:59
Governmental Expenditures - Special Revenue Fund
0:50
Governmental Revenues - Debt Service Fund
2:25
Governmental Expenditures - Debt Service Fund
0:38
Governmental Revenues - Capital Projects Fund
5:30
Governmental Revenues - Debt Service Fund Example
3:53
Governmental Expenditures - Capital Projects Fund
3:07
Governmental Revenues and Expenditures - Permanent Fund
2:27
Governmental Assets, Liabilities, Revenues & Expenses Summary
1:00
Conceptual framework - Practice Questions
5:19
Governmental Accounting: Measurement Focus and Basis Overview and Objectives
2:10
Governmental Fund Structure
3:28
Measurement Focus and Basis of Accounting
7:20
Current Financial Resources Measurement Focus
1:26
Modified Accrual Accounting
1:26
Governmental Accounting: Measurement Focus and Basis Summary
1:09
Governmental accounting: measurement focus and basis - Practice Questions
2:48