Given the following information, you have been asked to record the budget for the general fund for the city of Jackson:

$1.$ Inflows $2018$ are expected to total $$402,000$ and include property tax revenue of $$205,000,$ fines of $$7,000,$ state grants of $$90,000$ and bond issue proceeds of $$100,000.$

$2.$ Expenditures for general operations and equipment purchases for the year are estimated to be $$500,000$

$3.$ Authorized transfers include $$20,000$ to the debt service fund to pay interest on bond indebtedness and $$10,000$ to the capital projects fund to pay for cost overruns on construction of a new civic center

$4.$ Additional estimated receipts include a $$15,000$ operating transfer from the special revenue fund and a $$50,000$ payment from the Electric Utility Enterprise Fund for property taxes.