If the unexpended balance of an improvement authorization is funded (bonds issued or entire amount) and the remaining balance of the Ordinance is canceled, the balance will be transferred to which fund?

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Prepare for the Rutgers Municipal Capital and Trust Fund Accounting Test. Use our study guide with flashcards and multiple choice questions. Each question provides hints and explanations for clearer understanding. Ensure your success on the test with our comprehensive resources!

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If the unexpended balance of an improvement authorization is funded (bonds issued or entire amount) and the remaining balance of the Ordinance is canceled, the balance will be transferred to which fund?

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