Question

The resources used to finance Capital Projects Funds may come from which of the following sources?

a. Private donations
b. General obligation debt
c. Intergovernmental revenues
d. All of the above

Answer 1

The resources used to finance Capital Projects Funds may come from private donations, general obligation debt, and intergovernmental revenues.

Step-by-step explanation:

The resources used to finance Capital Projects Funds may come from all of the above sources:

1. Private donations
2. General obligation debt
3. Intergovernmental revenues

Private donations can be a source of funding for capital projects, where individuals or organizations contribute money towards the project. General obligation debt refers to borrowing money through the issuance of bonds or other forms of debt. Intergovernmental revenues can include grants from higher levels of government to support capital projects at the local or state level.