From the Statement of Revenues, Expenditures, and Changes in Fund Balances for Governmental Funds (Exhibit IV) (12 points)

1. List the five Governmental Funds and each of their Net Change in Fund Balance.
2. On the reconciliation statement, what is the largest reconciliation item (absolute amount)?

CITY OF NEW BRITAIN, CONNECTICUT STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2021 (In Thousands) Revenues: Property taxes Intergovernmental Licenses, fees and charges for goods and services Investment earnings Investment Losses Miscellaneous Total revenues Expenditures: Current: General government Public safety Public works Health and welfare Education Parks and recreation Capital outlay Debt service Total expenditures Excess (Deficiency) of Revenues over Expenditures Other Financing Sources (Uses): Transfers in Transfers out Issuance of refunding bonds Discount on refunding bonds Payment to refund bond escrow agent Total other financing sources (uses) Net Change in Fund Balances Fund Balances at Beginning of Year, as Restated Fund Balances at End of Year $ General 137,817 $ 110,999 9,559 48 285 258,708 8,982 57,856 15,148 2,977 148,705 8,032 16,352 258,052 656 2,464 (1,265) 1,199 1,855 22,277 24,132 Capital Projects Fund 3,117 760 340 4,217 10,161 6,143 16,304 (12,087) 1,000 (131) 60,355 (880) (58,433) 1,911 (10,176) 5,500 (4,676) BOE State and Federal Grants 52,520 52,520 52,226 52,226 294 294 3,354 3,648 ARPA Funds Nonmajor Governmental Funds 17,823 15,347 998 428 1,236 35,832 26 238 13,697 5,334 7,086 2,918 29,299 6,533 265 (978) (713) 5,820 18,452 24.272 S EXHIBIT IV Total Governmental Funds 137,817 184,459 24,906 1,806 428 1,861 351,277 9,008 58,094 28,845 8,311 208,017 10,950 10,161 22,495 355,881 (4,604) 3,729 (2,374) 60,355 (880) (58,433) 2,397 (2,207) 49,583 47,376