What are ad valorem taxes?
\O a. Taxes assessed on the fair value of the property as it is at assessment date
O b. Taxes assessed on the most recent sales value of the item.
O c. Taxes assessed on the historical value of the property as it is at assessment date
O d. Taxes assessed on the cost plus any improvements
What type of accrual method (cash, modified, full, governmental, GASB accrual) is to be used to report transaction in the Capital Projects Fund?