Basics Basics of of Local Local Government Government Finance Finance & & Budgeting Budgeting 2010 2010 In-Service In-Service Training Training Alan Probst Local Government Specialist UW-Extension Local Government Center (608) 262-5103 Fund Fund Accounting Accounting Local government accounting is Fund Accounting All revenues and expenditures must be assigned to a specific fund GASB guidelines Funds Funds Revenues General Fund Special Revenue Funds