Baoufst-65-lfn-abzcqfclk-uupzc
: Items like deferred revenue (e.g., property taxes received in advance) are reclassified as Deferred Inflows of Resources .
: GASB 65 alters how major funds are calculated by including these deferred elements in the percentage-based tests. Compliance for Local Governments : baoufst-65-lfn-abzcqfclk-uupzc
: These elements are reported separately from assets and liabilities to show the "net position" of a government entity. : Items like deferred revenue (e