For each of the following indicate the type of fiduciary fund in which it is most likely the fiduciary activity should be accounted for and reported.
1. Per a trust agreement a state maintains an investment pool in which governments within the state can temporarily invest the proceeds of tax-exempt bonds that they have issued. The state will invest only in securities that would not violate IRS arbitrage provisions.
2. A county collects property taxes for towns and cities within its jurisdiction and distributes them to the governments shortly after it receives them.

3. A city solicits donations from its citizens to support a local food bank. Per a trust agreement, all funds must be invested in investment grade securities and each year all earnings (except for a percentage equal to an inflation index) must be distributed to the food bank.
4. The state requires banks within its jurisdiction to tum over the balances in savings and checking accounts that have been inactive for a period of five years or more. Per a trust agreement, any amounts that are not claimed by the depositors within six years revert to the state's general fund.
5 . A city makes annual contributions to a qualified OPEB trust fund .
6. Each school within a school district collects parent- teacher association dues and contributions and turns them over to the school district for safe-keeping. The district remits the funds to the associations upon request. It makes no decisions, and places no restrictions , as to how the funds are to be used.
7. A state university receives cash from a not-for-profit child welfare agency that provides scholarships to students who have graduated out of the foster care system. The agency selects the students and stipulates that the scholarship is intended to cover miscellaneous expenses other than tuition and fees, such as for meals and recreation. The university dispenses the funds to the students upon their requests, usually within days after they have been received from the agency.
8. A state university maintains an endowment to provide one scholarship each year to a student who graduated from Llano County High School. As per the donor's stipulations in a trust agreement, each year the High School selects the scholarship recipient.