Explore BrainMass

Intergovernmental fund transfers

Explain how unplanned events affect intergovernmental fund transfers.

Solution Preview

Dear Student,

Intergovernmental transfers (IGTs) is a financing mechanism that enable local governments and local government providers to support state funding. Payments funded by IGTs are critical to the survival of public systems.
IGTs are the transfer of funds from a state or local governmental entity to the state agency for use as the non-federal share of expenditures. Federal matching funds are then provided for the federal share ...

Solution Summary

Explanation to question provided.