I have a project for my Governmental and Not-for-profit accounting class. I need help with one of the questions relating to city of Dallas, TX CAFR (Comprehensive Annual Financial Report).

Q:Review the financial statements.

a. What are the major funds? What type of funds are they and what is their purpose?

b. What is the largest revenue and expenditure/expense of these major funds?

c. Did the fund balance or net assets of these major funds increase or decrease significantly during the period? If it did, is it possible to determine from the CAFR what the primary cause of this increase or decrease was?

Link to Dallas CAFR

http://dallascityhall.com/departments/budget/financialtransparency/AuditedFinancials/cafr_fy2016.pdf

Thank you