Following is Grant Countys debt service fund pre-closing trial balance for the fiscal year ended June 30, 2017.

GRANT COUNTY
Debt Service Fund
Pre-closing Trial Balance
June 30, 2017
	Debits			Credits
Cash	$	214,000
Investments		56,000
Fund Balance Restricted				$	56,500
Budgetary Fund Balance					?
Estimated Other Financing Sources		7,125,000
Estimated Revenue		1,607,500
Revenue Sales Taxes					1,582,000
Revenue Investment Earnings					11,500
Other Financing Sources Interfund Transfers In					145,000
Other Financing Sources Proceeds of Refunding Bonds					7,000,000
Estimated Other Financing Uses					7,000,000
Appropriations					1,525,000
Expenditures Bond Interest		525,000
Expenditures Bond Principal		1,000,000
Other Financing Uses Payment to Escrow Agent		7,000,000

Using information provided by the trial balance, answer the following.

e.

Prepare a statement of revenues, expenditures, and changes in fund balances for the debt service fund for the year ended June 30, 2017.

GRANT COUNTY
Debt Service Fund
Statement of Revenues, Expenditures and Changes in Fund Balances
For the Year Ended June 30, 2017
Revenues:
Total Revenues
Expenditures:
Total Expenditures
Excess of Revenues Under Expenditures
Other Financing Sources (Uses):
Total Other Financing Sources (Uses):
Increase In Fund Balances
Fund Balances, July 1, 2016
Fund Balances, June 30, 2017