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Assume the following information was obtained from the comprehensive annual financial report of the city of Tampa, Florida for a recent fiscal year. All amounts
Assume the following information was obtained from the comprehensive annual financial report of the city of Tampa, Florida for a recent fiscal year. All amounts are in thousands. Condensed General Fund balance sheet: Debt service expenditures Total assets $141,353 in governmental funds Total liabilities $24,062 Principal $13,837 Fund balance $117,291 Interest $10,364 Cash and investments Total $24,201 included in assets $120,616 Debt service principal maturities Components of General Fund fund balance: 2,020 $13,905 Nonspendable $302 2,021 23,180 Committed 717 2,022 24,950 Assigned 27,423 2,023 32,190 Unassigned 88,849 2,024 62,800 Total $117,291 2025-2029 133,990 Total revenues: 2030-2034 90,615 Property taxes
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