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19 4 points Mustang Village had unassigned fund balance of $4,200,000; assigned fund balance of $1,400,000, restricted fund balance of $2,200,000, and nonspendable fund balance
19 4 points Mustang Village had unassigned fund balance of $4,200,000; assigned fund balance of $1,400,000, restricted fund balance of $2,200,000, and nonspendable fund balance of $800,000 at the end of its current fiscal year. The assigned fund balance is not appropriated to balance next year's budget. Mustang Village had total revenues in its General Fund of $28,000,000 and total expenditures to $27,800,000. It also has recurring transfers in of $1,800,000 from its Electric Utility Enterprise Fund. What is Mustang Village's budgetary cushion for its General Fund for the current year? 31% 29% 26% 20% 19%
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