Cựu chiến binh Bypass tài khoản Quỹ tiền vay và thuế bán hàng hạn chế sử dụng trong cải tiến đường phố. Quỹ ODOC Grant tài khoản cho các khoản tiền viện trợ không hoàn lại nhận được cho Oklahoma Bộ Thương mại cấp | The Veterans Bypass Fund accounts for loan monies and sales tax restricted for use in street improvements. The ODOC Grant Fund accounts for grant monies received for Oklahoma Department of Commerce grant projects. The Landfill Improvement Fund accounts for monies set aside for use in landfill improvements. The Economic Development Construction Fund accounts for loan monies and sales tax restricted for use in economic development projects. The Drainage Improvement Fund accounts for monies set aside for drainage improvement projects. The FAA Grant Fund accounts for amounts received from the FAA related to airport improvements. The Debt Service Fund is used to account for monies received for debt payment. Private-sector standards of accounting and financial reporting issued prior to December 1 1989 generally are followed in both the government-wide and proprietary fund financial statements to the extent that those standards do not conflict with or contradict guidance of the Governmental Accounting Standards Board. Governments also have the option of following subsequent private-sector guidance for their business-type activities and enterprise funds subject to this same limitation. The City has elected not to follow subsequent private-sector guidance. As a general rule the effect of interfund activity has been eliminated from the governmentwide financial statements. Exceptions to this general rule are payments-in-lieu of taxes and other charges between the City s utility functions and various other functions of the City. Elimination of these charges would distort the direct costs and program revenues reported for the various functions concerned. Amounts reported as program revenues include 1 charges to customers or applicants for goods services or privileges provided 2 operating grants and contributions and 3 capital grants and contributions including special assessments. Internally dedicated resources are reported as general revenues rather than as program revenues. .
