FY25 GFOA Budget - Flipbook - Page 169
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APPENDIX
Fund categorize fair value measurements within the fair value hierarchy established by
generally accepted accounting principles.
The hierarchy is based on the valuation inputs used to measure the fair value of the asset.
Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are
significant other observable inputs; Level 3 inputs are significant unobservable inputs.
The District does not maintain investments.
P a g e 169 | BARTLETT FIRE PROTECTION DISTRICT | APPENDIX
