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21. In addition to exchange revenues, GASB standards discuss four categories of nonexchange revenues. For each of the following revenues recognized by a city indicate

21. In addition to exchange revenues, GASB standards discuss four categories of nonexchange revenues. For each of the following revenues recognized by a city indicate the category into which it best fits.

A state grant that the city must accept and use to hire air pollution inspectors

________________________

Revenue from fees charged by the police department to monitor a charity bicycle ride

_______________________

Fines for traffic violations _______________________

A federal grant to support general education services. ___________________

Investments in the states investment pool. ________________________

Hotel occupancy tax. ________________________

Local option sales tax ________________________

City library late fees ________________________

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