Croton City
Governmental Funds
Balance Sheet
December 31, 2019
	General	Library Special Revenue	Debit Service	Capital Projects	Total Governmental Funds
Assets
Cash	Answer	Answer	Answer	Answer	Answer
Receivables:
Property taxes - delinquent (net)	Answer	Answer	Answer	Answer	Answer
Personal income taxes	Answer	Answer	Answer	Answer	Answer
Total assets	Answer	Answer	Answer	Answer	Answer
Liabilities
Salaries payable	Answer	Answer	Answer	Answer	Answer
Income tax refunds payable	Answer	Answer	Answer	Answer	Answer
Accrued vacation pay payable	Answer	Answer	Answer	Answer	Answer
Total liabilities	Answer	Answer	Answer	Answer	Answer
Deferred inflows of resources
Deferred revenues	Answer	Answer	Answer	Answer	Answer
Fund balances
Restricted	Answer	Answer	Answer	Answer	Answer
Assigned	Answer	Answer	Answer	Answer	Answer
Unassigned	Answer	Answer	Answer	Answer	Answer
Total fund balances	Answer	Answer	Answer	Answer	Answer
Total liabilities balancesresources and fund balances	Answer	Answer	Answer	Answer	Answer

NOTE: Only use a negative sign with answers to indicate a deficiency of revenues over expenditures, other financing uses, and a decrease in net change in fund balances.

Croton City
Governmental Funds
Statement of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31, 2019
	General	Library Special Revenue	Debt Service	Capital Projects	Total Governmental Funds
Revenues:
Property taxes	Answer	Answer	Answer	Answer	Answer
Personal income taxes	Answer	Answer	Answer	Answer	Answer
Intergovermental	Answer	Answer	Answer	Answer	Answer
Recreation fees	Answer	Answer	Answer	Answer	Answer
Miscellaneous	Answer	Answer	Answer	Answer	Answer
Total revenues	Answer	Answer	Answer	Answer	Answer
Expenditures:
Current:
Public Saftey	Answer	Answer	Answer	Answer	Answer
Public works	Answer	Answer	Answer	Answer	Answer
Parks	Answer	Answer	Answer	Answer	Answer
Culture	Answer	Answer	Answer	Answer	Answer
Capital outlay	Answer	Answer	Answer	Answer	Answer
Debt service:
Principal retirement	Answer	Answer	Answer	Answer	Answer
Interest	Answer	Answer	Answer	Answer	Answer
Total expenditures	Answer	Answer	Answer	Answer	Answer
Excess (deficiency) of
revenues over expenditures	Answer	Answer	Answer	Answer	Answer
Other financing sources (uses):
Proceeds of long-term debt	Answer	Answer	Answer	Answer	Answer
Transfers in	Answer	Answer	Answer	Answer	Answer
Transfers out	Answer	Answer	Answer	Answer	Answer
Total other financing sources (uses)	Answer	Answer	Answer	Answer	Answer
Net change in fund balances	Answer	Answer	Answer	Answer	Answer
Fund balances - beginning	Answer	Answer	Answer	Answer	Answer
Fund balances - end	Answer	Answer	Answer	Answer	Answer

NOTE: Only use a negative sign with answers for other financing uses (and transfers); and to indicate a decrease in net change in fund balances or an unfavorable variance.

Croton City
General Fund
Budgetary Comparison Schedule
For the Year Ended December 31, 2019
	Budget
	Original	Final	Actual	Variance
Revenues:
Property taxes	Answer	Answer	Answer	Answer
Personal income taxes	Answer	Answer	Answer	Answer
Intergovermental	Answer	Answer	Answer	Answer
Recreation fees	Answer	Answer	Answer	Answer
Total revenues	Answer	Answer	Answer	Answer
Expenditures:
Public safety salaries	Answer	Answer	Answer	Answer
Public safety supplies	Answer	Answer	Answer	Answer
Public works salaries	Answer	Answer	Answer	Answer
Parks salaries	Answer	Answer	Answer	Answer
Total expenditures	Answer	Answer	Answer	Answer
Excess of revenues
over expenditures	Answer	Answer	Answer	Answer
Other financing uses:
Transfer to Library Fund	Answer	Answer	Answer	Answer
Transfer to Debt Service Fund	Answer	Answer	Answer	Answer
Total other financing uses	Answer	Answer	Answer	Answer
Net change in fund balance	Answer	Answer	Answer	Answer
Fund balance, beginning	Answer	Answer	Answer	Answer
Fund balance, end	Answer	Answer	Answer	Answer

Make the calculations to determine which of the funds would be considered as major and nonmajor had Croton not considered all of them to be major.

Round answers to the nearest whole number.

	Total Governmental Funds	10% of Total
Assets	Answer	Answer
Liabilities	Answer	Answer
Revenues	Answer	Answer
Expenditures	Answer	Answer

Based on the above analysis, what funds would be classified as major funds:

General Fund only

General Fund and Capital Projects fund

Capital Projects Fund and Library Special Revenue Fund

General Fund, Library Special Revenue Fund, and Capital Projects Fund