Financial Accounting for Local and State School Systems: 2014 Edition Chapter 5: Financial Reporting Fund Balance Net Assets
ContentDefinition of Unrestricted Assets:Permanently restricted net assetsPremium Investing ServicesStatement of Financial PositionMore ResourcesGetting Started With Nonprofit Accounting This is a particularly important measure in the general fund because it reflects the primary functions of the government and includes both state aid and local tax revenues. The relative amount of unreserv …