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Assume the following information was derived from the fund financial statements preparedby the city of Tallahassee, Forida for the fiscal year ended 5 eptember 30,2019

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Assume the following information was derived from the fund financial statements preparedby the city of Tallahassee, Forida for the fiscal year ended 5 eptember 30,2019 : a) Calculate the city of Tallahassee's operating margin ratio. Assume all transfers in are recurring. Round percentage to two decimals. b) Included in expenditures is 584.0 million in costs related to Hurricane Michael. Calculate the operating margin ratio assuming those costs were not incurred. Assume all transfers in are recurring. Round percentage to two decimals

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