Please locate the financial statements of your hometown or one that is located near your home. You may be able to find the financial report on the Internet.

In 200 words or more, comment on the financial statements and how specifically proprietary funds are reported. Please review and comment on the format found in your local government’s financial report as contrasted against examples found in the textbook. What types of disclosures have you found that are noteworthy? Please tell us, we are looking forward to your comments.