California Code of Regulations
Title 2 - Administration
Division 2 - Financial Operations
Chapter 2 - State Controller
Subchapter 3 - Accounting Procedures for Special Districts
Article 8 - Waste Disposal Districts
Section 1102 - Standard Funds

(a) General. A fund that is available for any authorized purpose and which is therefore used to account for all revenues and all expenditures not provided for in other funds.

(b) Debt Service. A fund used to account for resources set aside for the periodic payment of interest, and the principal of matured long-term debt.

(c) Accumulative Capital Outlay. A fund used to account for the accumulation of revenues restricted for capital outlay under Section 53731 of the Government Code.

(d) Construction. A fund used to account for the proceeds from the sale of bond issues, from governmental grants, or from other resources restricted for capital outlay.

(e) Special Assessment. A fund used to account for assessments levied against certain properties to defray the cost of improvements or services presumed to be of special benefit to the property owners.

(f) Intragovernmental Service. A fund which accounts for services furnished to the district and which is financed primarily by charges for such services.

(g) Trust and Agency. A fund used to account for money or other property received by the district in the capacity of trustee or agent.