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Billing and Collection of Special Assessments and Payment of Debt

Question 54

Multiple Choice

Billing and collection of special assessments and payment of debt principal and interest on special assessment debt for which the city is not obligated in any manner should be recorded in a(an) :


A) Debt service fund.
B) Special assessment fund.
C) Capital projects fund.
D) Custodial fund.

Correct Answer:

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