Generally Accepted Accounting Principles
The rules and procedures necessary to define uniform accounting and financial reporting standards, including broad guidelines and detailed practices.  The Governmental Accounting Standards Board (GASB) promulgates accounting principles for state and local governments

General Fund
The funds into which all State revenues, not otherwise restricted by statute, are deposited and from which appropriations are made.  The largest part of the total financial operations of the State are accounted for in the General Fund.  Revenues received from taxes, most Federal revenue and certain miscellaneous revenue items are recorded in the General Fund.  The Appropriation Acts enacted by the Legislature provide the basic framework for the operation of the General Fund

General Treasury
Consists of all funds over which the State Treasurer is custodian and/or funds of which the State of New Jersey is the owner or beneficial owner

One of the major subdivisions of the State budget, this category includes all payments not otherwise defined as State Aid, made to individuals, public agencies, or private agencies for benefits or services of three types:
  1. Benefits to which the recipient is entitled by law or regulation
  2. Services for which the State has primary responsibility
  3. Subsidies and provision of services for which the State has no responsibility, but which it elects to provide
Gubernatorial Elections Fund (N.J.S.A. 54A:9-25.1)
Special Revenue Fund – This fund accounts for receipts from the one-dollar designation on New Jersey Gross Income Tax returns. When indicated by a taxpayer, one dollar of the tax is reserved from gross income tax returns (Property Tax Relief Fund) and credited to the Gubernatorial Elections Fund.  These funds are available for appropriation pursuant to The New Jersey Campaign Contributions and Expenditures Reporting Act, as amended.