In auditing the City of Pippa Passes General Fund, a staff member asks whether the following items should be reported as calendar year 20X4 revenues:
1. Property taxes—which are levied in December and due the following April 30
a. Taxes for 20X4 levied in 20X3 and collected in April 20X4, $800,000
b. Taxes for 20X5 levied in 20X4 and collected in May 20X5, $850,000
c. Taxes for 20X3 levied in 20X2 and collected in January 20X4, $8,000
d. Taxes for 20X4 levied in 20X3 and collected in January 20X5, $137,000
e. Taxes for 20X5 levied and collected in 20X4, $22,000
f. Taxes for 20X4 levied in 20X3, not expected to be collected until late 20X5 or 20X6, $12,000
2. Proceeds of a 6%, 10-year general obligation bond issued December 28, 20X4, $540,000
3. Sales taxes
a. Returns filed (for 20X4 sales) and taxes collected in 20X4, $42,000
b. Returns filed in 20X3 and taxes collected in June 20X4, $7,400
c. Returns filed in 20X4 and taxes collected in the first week of 20X5, $6,200
4. Proceeds of a 10% note payable, dated November 1, 20X4, and due March 1, 20X5, $15,000
5. Grant awarded in 20X4—received in full in mid-20X4 (portion not used for designated purposes by 20X7 must be refunded)
a. Total amount of award, $250,000
b. Qualifying expenditures made in 20X4, $172,000
6. 20X4 payment from a Special Revenue Fund to finance street improvements, $12,000
7. Interest and penalties
a. Accruing and collected during 20X4, $2,200
b. Accruing, but not recorded in the accounts, during 20X0–X3 and collected in mid-20X4, $7,800
c. Accruing during 20X4 and expected to be collected in early 20X5, $3,400
d. Accruing during 20X4 and expected to be collected in 20X6 and later, $1,200

Required
a. What is your recommendation for each of the preceding items? (Indicate how each item not reported as 20X4 revenue should be reported.) Explain your recommendations using this format:
Item Recommendation(s) 20X4 Revenues Reason(s)
b. What total revenue amount should Pippa Passes report for 20X4?