Fund-based financial statements are different than government-wide financial statements. While government-wide financial statements are a summary of all government funds and accounts, the fund-based financial statements show a specific fund's financial statement. Fund statements focus on major funds; government-wide statements aggregate the funds into two broad categories, one for governmental activities and one for business-type activities. The discrepancy in reported property tax amounts between the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances and the government-wide Statement of Activities in Prospect is not an error but rather a consequence of differing accounting bases modified accrual versus full accrual used for these respective statements under generally accepted accounting principles applicable to governments. This discrepancy is typical, reflecting timing and presentation variations inherent in governmental accounting practices. To clarify these differences, governments often include explanatory notes in their financial reports.