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as of december 31, 2022, sandy beach had 9,000,000 in 7.0percent serial bonds outstanding. cash of 444,000 is the debt service fund's only asset as

as of december 31, 2022, sandy beach had 9,000,000 in 7.0percent serial bonds outstanding. cash of 444,000 is the debt service fund's only asset as of December 31, 2011, and being retired on each interest payment date. resources for payment of interest are transferred from the general fund, and the debt service fund levies property taxes in an amount sufficient to cover principal payments.

what would be the revenue and expenditures during the next year?

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