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A county governments change in fund balances, governmental funds is $3,000,000. Other information is as follows: Outlays for capital assets by governmental funds $2,600,000 Repayments
A county governments change in fund balances, governmental funds is $3,000,000. Other information is as follows:
Outlays for capital assets by governmental funds | $2,600,000 |
Repayments of general long-term debt principal | 8,000,000 |
Fiduciary funds net financial investments | 1,500,000 |
Depreciation on governmental funds capital assets | 5,000,000 |
Payments of general long-term debt interest | 15,000,000 |
Proceeds from issuing general long-term debt | 18,000,000 |
The government-wide operating statement reports a change in net position of governmental activities of:
$ 5,600,000
$15,400,000
$ (9,400,000)
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