Greenville has provided the following information from its General Fund Revenues and Appropriations/Expenditure/Encumbrances subsidiary ledgers for the fiscal year ended. Assume the beginning fund balances are $141 (in thousands) and that the budget was not amended during the year. 486 City of Greenville General Fund Subsidiary Ledger Account Balances (in thousands) For the Fiscal Year Debits Credits Estimated Revenue Taxes 6,048 Fines & Forfeits 303 Intergovernmental Revenue Charges for Services 370 Revenues Taxes 6,055 Fines & Forfeits 308 Intergovernmental Revenue 486 Charges for Services 368 Appropriations General Government 1,627 Public Safety 3,375 Public Works 1,455 Culture & Recreation 724 Estimated Other Financing Uses Interfund Transfers Out 38 Expenditures General Government 1,622 Public Safety 3,349 Public Works 1,443 Culture & Recreation 704 Encumbrances General Government 4. Public Safety 25 Public Works 10 Culture & Recreation Other Financing Uses Interfund Transfers Out 38 Required a. Prepare a General Fund statement of revenues, expenditures, and changes in fund balance. b. Prepare a General Fund schedule of revenues, expenditures, and changes in fund balance-budget and actual (assume the budget is prepared on a GAAP basis). CITY OF GREENVILLE General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances For the Fiscal Year (Amounts in Thousands) Revenues: Taxes $ 6,055 Fines and Forfeits 308 Intergovernmental Revenue Charges for Services 368 486 7,217 Total Revenues Expenditures: General Government Public Safety Public Works Culture and Recreation 1,622 3,349 1,443 704 7,118 38 Total Expenditures Other Financing Sources and (Uses) Interfund Transfers Out Change in Fund Balances Fund Balances, January 1 Fund Balances, December 31 $ $ CITY OF GREENVILLE General Fund Schedule of Revenues, Expenditures, and Changes in Fund BalancesBudget and Actual For the Fiscal Year (Amounts in Thousands) Budgeted Amounts Actual Amounts Original Final Budget Basis Variance with Final Budget Over (Under) Revenues $ 0 0 0 0 0 0 0 0 Total Revenues Expenditures and Encumbrances 0 0 0 0 0 0 0 Total Expenditures Excess of Revenue Over Expenditures Other Financing Sources and (Uses) 0 0 0 0 0 0 0 0 Excess (Deficiency) of Revenues over expenditures and other financing sources Increase in Encumbrances outstanding Increase in Fund Balances for the Year Fund Balances, January 1 Fund Balances, December 31 0 0 0 0 $ 0 $ 0 $ HA 0 $ 0