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Information about the December 30,2022 , year-end conversion of the Governmental Funds Change Information about the December 30, 2022, year-end conversion of the Governmental Funds

image text in transcribed Information about the December 30,2022 , year-end conversion of the Governmental Funds Change

Information about the December 30, 2022, year-end conversion of the Governmental Funds Change in Fund Balance to the Statement of Activities Change in Net Position for the City of Orange is presented below (all amounts are in thousands of dollars): Net increase in all governmental funds' fund balances... Increase in deferred revenues (all related to property taxes).................. . Increase in accrued interest on long-term liabilities.... Expenditures - capital assets Expenditures - principal on capital-related debt.... Depreciation expenses on capital assets . Proceeds from general long-term capital debt... . Proceeds from the sale of general capital assets (book value of $25)................. Increase in long-term liability for compensated absences... ..... ........ Internal service net 1. Complete the statement of activities reconciliation for the City of Orange. 2. Statement should be completed in a table with proper statement formatting. $1,400 300 15 5,000 3,200 . 4,200 3,600 40 40 . 525

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