922 Governmental Funds Statement of Revenues, Expenditures, and Changes

in Fund Balances. You have recently started working as the controller for a

small county. The county is preparing its financial statements for the compre-

hensive annual financial report and you have been given the following state-

ment for review. You know that in addition to the General Fund the county has

three other funds.

Statement of Revenues, Expenses, and Changes in Fund Balances

Governmental Funds

For the Year Ended December 31, 2017

(000s omitted)

Other

General Governmental

Fund Funds

Revenue and other financing sources:

Taxes $10,156

Licenses and permits 612

Charges for services 985

Intergovernmental revenue 2,657 $1,437

Fines and forfeits 422

Debt proceeds 5,919

Miscellaneous revenues 325 23

Total Revenues and Other Financing Sources 15,157 7,379

Expenses and other financing uses:

General government and debt service 3,187 961

Public safety and capital outlay 6,257 689

Public works and capital outlay 3,269 2,310

Culture and recreation and capital outlay 2,088 1,748

Transfers out 604

Total Expenses and Other Financing Uses 15,405 5,708

Net Change in Fund Balances $ (248) $1,671

Required

After reviewing the statement, you realize it is not in the GASB format. To help

your staff correct the statement, please make a list of the modifications or cor-

rections that should be made to the statement, so it can be presented in the

proper format.