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A county that operates a capital projects fund for infrastructure needs had the following information available on transactions for the current year: Proceeds from debt

  1. A county that operates a capital projects fund for infrastructure needs had the following information available on transactions for the current year:

    Proceeds from debt isssuance $1,000,000

    Transfer from general fund 500,000

    Special assessments 400,000

    Fees for extra services 100,000

    How much would the capital projects fund report as other financing sources for the current year?

    $500,000

    $900,000

    $1,000,000

    $1,500,000

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