E3-25 Government-wide Statement of Activities [LO 3-1]

The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of June 30, 2017. Assume that beginning net position is $1,643 (in thousands) and that there were no changes in net position during the year other than those reflected in the selected account balances shown. For simplicity, assume that the village does not have business-type activities or component units.

WESTOVER VILLAGE

Governmental Activities
Selected Account Balances (in thousands)
For the Year Ended June 30, 2017
	Debits	Credits
ExpensesCulture and Recreation	12,352
ExpensesGeneral Government	9,571
General RevenuesProperty Taxes		56,300
General RevenuesUnrestricted Grants and Contributions		1,200
ExpensesHealth and Sanitation	6,738
ExpensesInterest on Long-term Debt	6,068
General RevenuesInvestment Earnings		1,958
ExpensesPublic Safety	34,844
Program RevenueCulture and RecreationCharges for Services		3,995
Program RevenueCulture and RecreationOperating Grants		2,450
Program RevenueGeneral GovernmentCharges for Services		3,146
Program RevenueGeneral GovernmentOperating Grants		843
Program RevenueHealth and SanitationCharges for Services		5,612
Program RevenuePublic SafetyCapital Grants		62
Program RevenuePublic SafetyCharges for Services		1,198
Program RevenuePublic SafetyOperating Grants		1,307
Special ItemGain on Sale of Park Land		3,473

Prepare a (partial) statement of activities. (Enter your answers in thousands.)

Westover village

Statement of Activities (Partial)

For the Year Ended June 30 2017

(in thousands)

		Program Revenues
Functions/Programs	Expenses	Charges for Services	Operating Grants	Capital Grants	Net (expense) Revenue and Changes in Net Assets
Primary Government
__________________	__________________	__________________	__________________	__________________
__________________	__________________	__________________	__________________	__________________
__________________	__________________	__________________	__________________	__________________
__________________	__________________	__________________	__________________	__________________
Total Governmental Activities	__________________	__________________	__________________	__________________
	General Revenues
	__________________				__________________
	__________________				__________________
	__________________				__________________
	Total General Revenues
	__________________				__________________
	Total general Revenues and special items
	Change in net position				__________________
	Net Position-July 1 2016				__________________
	Net Position-June30 2017				__________________