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In some local government financial reports you will find activities such as solid waste disposal and...

In some local government financial reports you will find activities such as solid waste disposal and sewage disposal accounted for as a part of the General Fund. In other reports apparently identical activities are accounted for as enterprise funds. When is a government required to establish an enterprise fund?

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Enterprise funds are created to deliver assisstance as rapidly as possible with enough flexibility to develop programs and use a variety of investment approaches to address specific conditions in each country. Whereas General funds is a pool of cash created from collection of taxes and can be used for various social causes. If problem of solid waste disposal or sewage disposal is quite intensive in a particular region or county an enterprise fund can be created for emergency assisstance

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