Identification of fiduciary funds. following is a list offund names and descriptions from comprehensive annual financialreports (cafrs).requiredindicate which of the following are fiduciary funds, if not a fiduciary fund, identify which type offund should be used toaccount for the activities and explain why that fund is most appropriate, a. tri-centennial fund accounts for money raised or contributed by several local area governments and otherorganizations, the purpose is to ensure availability of resources to celebrate the united states tri-centennial in 2076,b, perpetual care fund accounts for endowed gifts and investment earnings dedicated to perpetual care ofthe city’scemeteries. c poudre river public library district fund . accounts for cash and investments held by the city on behalf of poudre riverpublic library districtd, school impact fee fund the city collects school impact fees as part of the cost of building permits issued, money mustbe remitted periodically to the local school district, a legally separate government that is not a component unit of the citye. cultural services and facilities fund. accounts for revenues received from the lincoln center performing arts facility, thecity museum, and general fund subsidies used to promote cultural activities for city residents. f. payroll fund. the city has established a fund in which all payroll deductions are reportedg, telephone commissions fund, the city collects commissions on pay telephones used by jail inmates. the funds are usedto provide inmates such benefits as library resources and fitness equipment. h. block grant fund . the state receives federal funds for the homeless which it passes through to local not-for-profitorganizations, the only responsibility the state has is to contribute an additional amount offunds (match) to the federalgrant. i. health benefits fund. the county has agreed to pay a portion ofthe health insurance premiums for employees whenthey retire. contributions forthe benefit are paid into this fund. j. unclaimed property fund, the state has established a fund to account for abandoned and unclaimed property. theproperty is held in the fund for 10 years. if a legal claimant to the property is not found within the 10-year time period, theproperty reverts to the state.