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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The following General Fund information is available for the preparation of the financial statements for the city of Eastern Shores for the year ended September 30, 2012:
Revenues:
|
Property taxes |
$27,000,000 |
|
Sales taxes |
13,216,000 |
|
Fees and fines |
1,124,000 |
|
Licenses and permits |
1,921,000 |
|
Intergovernmental |
868,000 |
|
Investment earnings |
654,000 |
Expenditures: Current:
|
General government |
8,192,000 |
|
Public safety |
24,444,000 |
|
Public works |
6,211,000 |
|
Health and sanitation |
1,693,000 |
|
Culture and recreation |
2,154,000 |
|
Debt service—principal |
652,000 |
|
Debt service—interest |
821,000 |
|
Proceeds of long-term, capital-related debt |
2,210,000 |
|
Transfer to special revenue fund |
1,119,000 |
|
Special item—proceeds from sale of land |
821,000 |
|
Fund balance, October 1, 2011 |
13,211,000 |
From the information given above, prepare, in good form, a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the city of Eastern Shores General Fund for the Year Ended September 30, 2012.
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