Examples of Other Component in a sentence
Other Component Unit Brunswick County Industrial Facility and Pollution Control Financing Authority Brunswick County Industrial Facility and Pollution Control Financing Authority exist to issue revenue bond debt of private businesses for economic development purposes.
The first four digits of a component unit fund must be one of the following; 9001 – Direct Support Organization, 9002 – Faculty Practice Plan, or 9003 – Other Component Unit.
Other Component Unit Brunswick County Economic Development CommissionOn July 20, 2015, the Economic Development Commission ceased operations to create efficiencies and avoid the duplication of services provided by the County’s Economic Development Department and transferred all assets and liabilities to the County.
These assets are classified into four categories: Cash and Cash Equivalents, Investments, Cash and Investments with Other Component Units, and Other Restricted Assets.
Further, cash and investments invested by one component unit with another component unit are reported on the statement of net assets as “Cash and Investments with Other Component Units” and “Amounts Held in Trust by Component Units for Other Component Units”.