Final answer:
A special district accounts for its general fund by following state and local government procedures. It creates a budget and obtains approval before spending. The funds are collected through taxes and other revenue sources and are used to finance services and programs.
Step-by-step explanation:
A special district accounts for its general fund by following certain procedures outlined by state and local governments. The general fund of a special district is used to finance various services and programs that benefit the community. These funds are collected through taxes and other revenue sources. Before spending can be approved, the special district must create a budget and obtain approval from the relevant government authority. The special district must also ensure that its appropriations fall within the available revenues. This process ensures that the special district can effectively manage its finances while providing necessary services to the public.