Proprietary funds definition

Proprietary funds means those funds or subfunds that show actual financial position and the results of operations, such as actual assets, liabilities, reserves, fund balances, revenues, and expenses.
Proprietary funds means enterprise funds and the internal service funds of a local district.
Proprietary funds means the funds used to account for district board of education activities where the reporting focus is on the determination of operating income, financial position, and cash flow. Proprietary funds include enterprise and internal service funds.

Examples of Proprietary funds in a sentence

  • Proprietary funds distinguish operating revenues and expenses from nonoperating items.

  • Proprietary funds distinguish operating revenues and expenses from non-operating items.

  • Proprietary funds are used to account for activities similar to those found in the private sector, where the determination of net income is necessary or useful to sound financial administration.

  • Proprietary funds are classified as either enterprise or internal service.

  • Proprietary funds are reported in the same way as the government-wide financial statements.


More Definitions of Proprietary funds

Proprietary funds means registered and unregistered investment funds, for which BBH or its affiliates serve as the investment adviser, sponsor, administrator or in other capacities.
Proprietary funds means those funds used to account for the provision of services by a government entity to other government entities or to the public. The financial objective of such funds is to recover through user charges the full cost (including depreciation) of operations.
Proprietary funds means enterprise funds and the internal service funds of
Proprietary funds means enterprise funds and the internal service funds of a special district.
Proprietary funds means those funds or subfunds that show actual financial position
Proprietary funds means money market funds having a rating of at least "AAAm" or "AAAm-G", as applicable, from Standard & Poor's and a rating from each remaining Rating Agency in the highest investment category granted by such Rating Agency, including funds for which the Indenture Trustee or any of its affiliates is investment manager or advisor.
Proprietary funds means, any Fund (a) sponsored, advised or subadvised by the Partnership or any of its Subsidiaries and/or for which any of them act as a general partner, investment manager, investment advisor, managing member, gestor or in a similar management or advisory capacity and (b) of which the Partnership or any of its Subsidiaries owns, directly or indirectly, a majority of the economic interests of such Fund;