•Assessments
by governments on nongovernmental entities other than assessments on
exchange transactions
•Examples
–property taxes
–fines and penalties
–asset seizures
Legislation
sometimes places purpose restrictions on the use of these revenues.
Legislation also
may place a time requirement on when the revenues may be used or when use may
begin
Example - a
property tax may be required to be used for the period in which the tax is
levied.That period may not be the
same period in which the payment is due or the government has a right to
place a lien on the property.