The Board of Commissioners Took Its Highest Level Formal Action

Multiple Choice

The Board of Commissioners took its highest level formal action to dedicate resources for a particular project in the Capital Projects Fund. Those resources cannot be redirected for another use unless an equivalent formal action is taken. As of the end of the fiscal year, a portion of these resources remain in fund balance. The proper fund balance classification for these resources would be

A) Nonspendable.
B) Restricted.
C) Committed.
D) Assigned.