Exerclse $5-26($Algo$)$ Capital Projects Transactions $[$LO $5-2,5-4,5\mathrm{.}5]$

current yeor:

The Generd Fund warsteried $$530,000$ to the Senior Center Capital Projects Fund.

A plot of land was purchased for $$515,000$ in cash. $($This cost had not been emambered$)$

Preliminary planning end engineering costs of $$99,000$ were vouchered. $($This cost hed nat been encumbered$)$

A contredt was sigred with Sunset Construction Conpary for the migor part of the project on abid of $$5,250,000.$

The $$5,300,000$ bonas were issued atpat

new bulding. $($This cont had not been encumbered$)$

The amount blled by the contracter less $5$ persent netinage was paid

Grant revenue of $$00\mathrm{.}000$ was recelved in cash for construction expenditures that were considered allowable costs in accondance

wh the grant sgreement.

Cosing emiles were prepared as of year end. Auwane that $$2\mathrm{.}530\mathrm{.}000$ of the encumbrances oublanding will be paid form the

bond procetds and are therefore comidered restricted resourcet. The remaining tind balasee is mitigned.

Aequired

Fund.

b$.$ Peepare a satement of revesues, expendares, and changes in fund balances for the period.

c$.$ Pepare a balance sheet for the Senior Center Cipal Frojects Fund as of yearend.

Requined A Requred $8$ Requined $C$