Which of the following is NOT a type of municipal fund?

The housing fund is not typically classified as a standard type of municipal fund in the context of municipal finance. Municipal funds are usually structured to manage specific categories of financial resources allocated for various governmental functions, such as the general capital fund, which is used for long-term expenditures and capital projects; the public assistance fund, which supports social services and needs within the community; and the capital improvement fund, which is dedicated to financing infrastructure projects and improvements.

While municipalities may engage in activities related to housing, such as affordable housing initiatives or development programs, these efforts are often funded through specific grants or projects rather than being categorized under a distinct housing fund. This distinguishes it from the clearly defined categories of municipal funds that are recognized in public financial management. Understanding these classifications is crucial for effective public works management and financial planning within a municipality.