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� r <br /> TOWN OF MASHPEE, MASSACHUSETTS <br /> NOTES TO FINANCIAL STATEMENTS <br /> JUNE 30, 1385 <br /> GOVERNMENTAL FUND TYPES CONTINUED. . . . . <br /> Special Revenue Funds <br /> Special Revenue Funds are used to account for the <br /> proceeds of specific revenue sources (other than expend- <br /> able trusts or major capital projects) that are legally <br /> restricted to expenditure for specified purposes. <br /> Capital Project Funds <br /> These funds are used to account for financial resources <br /> to be used for the acquisition or construction of major <br /> capital facilities father than those financed by pro- <br /> prietary funds) . <br /> FIDUCIARY FUNDS <br /> . Y Trust and Agency Funds <br /> Trust and Agency funds are used to account for assets <br /> held by the Town in a trustee capacity or as an agent for <br /> individuals, other governmental units, and/or other funds. <br /> These include Expendable Trust, Non-Expendable Trust and <br /> Agency Funds. Non-Expendable Trusts are accounted for in <br /> essentially the same manner as Proprietary Funds since <br /> capital maintenance is critical. Expendable Trusts are <br /> accounted for in essentially the same manner as govern- <br /> mental funds. Agency Funds are custodial in nature (assets <br /> equal liabilities) and do not involve measurement of results <br /> of operations. <br /> F U. <br /> i' <br /> ty' <br /> 15 <br />