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Hamilton Township has governmental activities but no business-type activities. The following information is taken from Hamilton Township's December 31, 2022, trial balance after all
Hamilton Township has governmental activities but no business-type activities. The following information is taken from Hamilton Township's December 31, 2022, trial balance after all adjustments were made for preparation of the government-wide financial statements. Hamilton Township Trial Balance Revenues-property taxes Revenues-sales taxes $4,225,000 2,827,500 State operating aid-police program 533,000 State operating aid-town road maintenance 325,000 State capital aid-town road maintenance Fees-sanitation 65,000 97,500 Fees-programs for youth and seniors 84,500 Fees-parks admissions 110,500 Revenue from sale of donated property 552,500 General government expenses 812,500 Police program expenses 3,399,500 Road maintenance program expenses 1,267,500 Sanitation program expenses 1,833,000 Parks and recreation program expenses 682,500 Youth and senior program expenses 422,500 Net position-beginning of year 4,062,500 Using the appropriate format, prepare a statement of activities for Hamilton Township for the year ended December 31, 2022. (Assume that revenues from sales of donated property are reported as special items.) Enter revenues in order of magnitude (largest to smallest) Hamilton Township Statement of Activities For the Year Ended December 31, 2022 General government Police Road maintenance Sanitation Parks and recreation Youth and senior Total government General revenues: Functions Special item - revenue from sale of donated property Total general revenues and special items Change in net position Net position at end of year Program Revenues Expenses Charges for Services Operating Grants Capital Grants Net (Expenses) Revenues and Changes in Net Position $ 0 $ 0 $ 0 $ 0 $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 0 0 0 0 0 0
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