For this assignment you will be asked to conduct research using the financial statements for the town, city, or state government of your choice. The steps you are expected to follow in completing this assignment are as follows:

• Select a town, city, or state that you would like to study.
  • Locate the most recent financial statements for the municipality of your choice.
  • Include an overview of the municipality you have selected addressing at a minimum, what constituents the municipality serves and what primary services they provide.
• Using the most recent financial statements for the municipality you have selected
  • Identify and explain the key revenue sources available
  • Identify and explain the key expenditures the municipality incurs
• Using your understanding of municipal government revenues and expenses answer the following questions.
  • What unique challenges might the municipality you selected face as a result of the CornaVirus Pandemic?
  • What alternatives might the municipality consider to address these challenges?