Question
Identify where disclosures are made in the 2018 CAFR for the Village of Arlington Heights Required: State where each of the following disclosures would be
Identify where disclosures are made in the 2018 CAFR for the Village of Arlington Heights
Required: State where each of the following disclosures would be reported in the Villages CAFR, using the letters A, B, C, D, E, F, and G for your answers.
A. Managements Discussion and Analysis
B. Government-wide financial statements
C. Fund financial statements
D. Notes to the financial statements
E. Combining and individual fund financial statements and schedules
F. Required Supplementary Information
G. Statistical.
1. A schedule that discloses the property tax levies and property tax collections for each of the past 10 years.
2. The time period(s) used to determine availability when applying the modified accrual basis of accounting to property tax and other general fund revenues.
3. A description of pension plans, including plan membership, benefits provided, required contributions by employees and the government, and discount rate sensitivity.
4. Descriptions of each classification of fund balance, starting with nonspendable, and continuing to restricted, committed, assigned, and unassigned.
5. A list of the principal employers and property taxpayers who reside in the government for the current and the previous 9 years.
PLEASE LOOK UP Comprehensive Annual Financial Report for the Village of Arlington Heights for the year ended December 31, 2018. It is on their city's budget & finance page.
- THIS IS NEEDED TO HELP, Thanks!
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