Fund Balance May Be Assigned When

Multiple Choice

Fund balance may be assigned when

A) Management determines that a portion of unassigned fund balance should be set aside for the construction of a new fire station.
B) The city council passes an ordinance to set aside a portion of unassigned fund balance for construction of a new fire station.
C) Management believes that a portion of restricted fund balance should be set aside for the construction of a new fire station.
D) Management determines it needs a predetermined amount of materials and supplies inventory at the end of each year.