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Restricted fund balance can be the result of A A city budget director setting aside funds to be spent for city street improvement B Donors

Restricted fund balance can be the result of

A A city budget director setting aside funds to be spent for city street improvement

B Donors requiring monies given to a city be spent for park beautification

C A city council passing enabling legislation that requires proceeds from a newly authorized sales tax be spent on a downtown revitalization project

D All of the above

E Both items A and B

F Both items B and C

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