You determine the following data about a local government in the southeast. Determine the ratios of unreserved

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You determine the following data about a local government in the southeast. Determine the ratios of unreserved fund balance and reserved fund balance to total revenues. Are these ratios favorable?

Revenues from Property Taxes..... \(\$ 36\) million Unreserved Fund Balance \(\$ 5\) million Reserved Fund Balance \(\$ 3.5\) million

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Forensic And Investigative Accounting

ISBN: 9780808021438

4th Edition

Authors: Larry Crumbley, Lester E. Heitger, G. Stevenson Smith

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