Revenues that are legally restricted for expenditure on specified operating purposes should be accounted for in special revenue funds, including Multiple Choice Pension trust fund revenues. Gasoline taxes to finance road repairs. Endowment where the investment earnings are to be used for public purposes. Accumulation of resources for payment of general long-term debt principal and interest.
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Home » Business » Revenues that are legally restricted for expenditure on specified operating purposes should be accounted for in special revenue funds, including Multiple Choice Pension trust fund revenues. Gasoline taxes to finance road repairs.