ACITY reports deferred tax revenue of $300, 000 at the beginning of the year and $350, 000 at the end of the year . What adjustment is needed to changes in fund balance to reconcile the governmental funds operating statement information to the changes in net position for governmental activities in the government - wide statement ?" { . fund balance reduced by $300.000 1 . fund balance reduced by $50, 000 [ . fund balance increased by $50, 000 . fund balance increased by $350, 000