fund summary

A fund is defined as an independent fiscal and accounting entity with a self-balancing set of accounts recording cash and/or other resources together with all related liabilities and obligations which are segregated for the purpose of carrying on specific activities or attaining certain objectives. Great Parks' budget is comprised of eight separate funds for the purposes of recording expenditures incurred by various departments within Great Parks, and to record the revenue resources received from various sources. These funds are grouped into three separate categories: General Fund, Special Revenue Fund and Internal Service Fund (or Proprietary Fund).

*2022 budgeted expenses exceed 2022 budgeted revenues due to carryover cash and projects from 2021 which were reallocated into the 2022 fiscal year budget through a Board approved budget adjustment.