3.The City of Fairport adopted the follewing budget for fiscal year 2017: Anticipated Revenues: Property Taxes Licenses and Permits Fines and Forfeits Total 510,000 402.000 $4,952,000 Approved spending levels General Govemment Public Safety Public Works Total 1,650,000 1.085,000 S5,035,000 In addition, the City reported the following actual amounts for the same fiscal year Revenues: Property Taxes Licenses and Permits Fines and Forfeits Total $4,065,000 496.000 411,000 $4,972,000 Expenditures Current Year General Govcrnment $1,501,00 Public Safety Public Works 2,380,000 995.000 $4,876,000 Total Encumbrances Current Year Public Safety 117,000 Expenditures related to 2016 $ 10,000 Required: Prepare a budgetary comparison schedule for the City for the year ended December 31,2017 assuming the fund balance of the General Fund (budgetary basis) was $627,000 at January 1, 2017. No "original budget" column is required. Include a variance" column