Churchville County Is Trustee for a Multi-Government Investment Pool and Has

Multiple Choice

Churchville County is trustee for a multi-government investment pool and has established an investment trust fund. Included in the investment trust fund, for management purposes, are investments in the amount of $15 million from the County's General Fund, $3 million from the County's special revenue funds, and $112 million from other governments. Which of the following would be true?

A) The County would report $18 million in an investment trust fund.
B) The County would report the entire $130 million in an investment trust fund.
C) The County would report the $112 million in an investment trust fund, the $15 million in its General Fund, and the $3 million in special revenue funds.
D) The County would report the $112 million in an investment trust fund and the$18 million in a permanent fund.