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( a ) Revenues for the year included property taxes in the amount of $ 1 , 5 0 0 , 0 0 0 ,

(a) Revenues for the year included property taxes in the amount of $1,500,000, fines and forfeits in the amount of $600,000, and miscellaneous in the amount of $100,000.
(b) Expenditures from current appropriations included: general government, $500,000; public safety, $1,300,000; culture and recreation, $300,000.
(c) In addition to (b) above, expenditures related to prior year appropriations (encumbered last year) amounted to $40,000(public safety). Encumbrances issued this year but not filled amounted to $60,000(general government).
(d) A transfer was made from the General Fund to a debt service fund in the amount of $400,000. A transfer was made from an enterprise fund to the General Fund in the amount of $100,000.
(e) A sale of park land was made during the year, which was considered infrequent but not unusual and under the control of management. The proceeds amounted to $310,000, and the land had a basis of $250,000 reported in the government-wide Statement of Net Assets the year before.
(f) Beginning balances included Fund Balance-Unreserved in the amount of $750,000 and Fund Balance-Reserved for Encumbrances in the amount of $40,000.
Required: Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund for the City of Clinton for the Year Ended December 31,2022
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