fund type
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Free InquiryThe City of Windemere decided to construct several large windmills to generate electrical power. The
construction was financed through a general residential property tax levy for the next ten years. Utility
revenues are intended to offset all expenses associated with the windmills. The land for the windmills
was donated to the city by a local farmer. The land from the farmer should be reported in which fund type?
A. Special revenue.
B. Capital projects.
C. Enterprise.
D. Permanent.
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