Answer:
governmental, proprietary, and fiduciary
Step-by-step explanation:
A government fund is a fund which are grouped used in accounting for the tax-supported activities and are completed by the federal government.
A Proprietary fund is a fund obtained from business-like activities which are conducted by the government.
Fiduciary funds are funds used to report assets that are held in a trustee and so it cannot be utilized to support the programs of the government.
Therefore, the local and state governmental funds are categorized as ---
- Governmental fund
- Proprietary fund
- Fiduciary fund