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c. (2) 1988's Prop 98 stipulated that what of California's General Fund had to be spent on K-14 education? LOCAL REVENUES AND EXPENDITURES (20 POINTS)

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c. (2) 1988's Prop 98 stipulated that what of California's General Fund had to be spent on K-14 education? LOCAL REVENUES AND EXPENDITURES (20 POINTS) 1. (12) Identify the three biggest local revenue sources and expenditures for the County of San Diego and City of San Diego GENERAL FUNDS. Just fill in the table below PERCENTAGES NOT NECESSARY. 2. (2) What is the City of San Diego Enterprise Fund? What are 2 of its functions? 3.(2) The type of development that generates the most revenue for the City of San Diego on a per square foot basis (3) What is the financial significance of the Bradley Bums Situs Rule for California localities? (1) Among the three San Diego County cities that we discussed in class, which one's General Fund represents the smallest percentage of that city's total budget? c PUBLIC PENSIONS (22 POINTS) 1. (3 points) Defined benefit plans, as are most of the older public pension plans, use 4 basic sources of funding to meet their annual financial obligations. Which of the 4 funding sources would you identify as the most significant problem that these pension funds currently face? Why have you chosen this one? c. (2) 1988's Prop 98 stipulated that what of California's General Fund had to be spent on K-14 education? LOCAL REVENUES AND EXPENDITURES (20 POINTS) 1. (12) Identify the three biggest local revenue sources and expenditures for the County of San Diego and City of San Diego GENERAL FUNDS. Just fill in the table below PERCENTAGES NOT NECESSARY. 2. (2) What is the City of San Diego Enterprise Fund? What are 2 of its functions? 3.(2) The type of development that generates the most revenue for the City of San Diego on a per square foot basis (3) What is the financial significance of the Bradley Bums Situs Rule for California localities? (1) Among the three San Diego County cities that we discussed in class, which one's General Fund represents the smallest percentage of that city's total budget? c PUBLIC PENSIONS (22 POINTS) 1. (3 points) Defined benefit plans, as are most of the older public pension plans, use 4 basic sources of funding to meet their annual financial obligations. Which of the 4 funding sources would you identify as the most significant problem that these pension funds currently face? Why have you chosen this one

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