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Fiduciary funds maintained by an SLG a.Include resources held for the benefit of others outside of the SLG - individuals, other governments or private organizations

Fiduciary funds maintained by an SLG

a.Include resources held for the benefit of others outside of the SLG - individuals, other governments or private organizations

b.Are not required by GASB to prepare year-end financial statements

c.Use the Modified Accrual Basis of Accounting

d.Include Permanent Funds

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