Presented below is the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the Trinity Parish Fire District, a special-purpose entity engaged in a single governmental activity. TRINITY PARISH FIRE DISTRICT Governmental Funds: Statement of Revenues, Expenditures, and Changes in Fund Balances For the Year Ended December 31, 2020 General Special Fund Revenue Fund Total Revenues Property taxes $305,000 $ 305,000 Intergovernmental 30,000 $ 20,500 50,500 Miscellaneous 6,100 6,100 Total revenues 341,100 20,500 Expenditures Current Personnel services 154,000 16,300 170,300 Supplies 26,500 26,500 Capital outlay 127,400 127,400 Debt service Principal 5,700 5,700 Interest 8,900 8,900 Total expenditures $322,500 $ 16,300 $338,800 Excess of revenues over expenditures 18,600 4,200 22,800 Other financing sources (uses): Issuance of debt 23,800 23,800 Transfers from other funds 5,200 5,200 Transfers (to) other funds (5,200) (5,200) Total other financing sources 18,600 5,200 23,800 Excess of revenues and other sources over (under) expenditures and other uses 37,200 9,400 46,600 Fund balance-beginning of year 23,600 (8,200) 15,400 Fund balance-end of year $ 60, 800 $ 1,200 $ 62,000 a. Property taxes expected to be collected more than 60 days following year-end are deferred in the fund-basis statements. Deferred taxes totaled $40,000 at the end of 2019 and $36,500 at the end of 2020. b. The current year provision for depreciation totaled $62,000. c. Interest on long-term notes payable is paid monthly (no accrual is necessary). d. Total Net Position on the December 31, 2019, Statement of Net Position totaled $132,000. Prepare a combined Governmental Funds Balance Sheet/Statement of Net Position. (Amounts to be deducted should be indicated by a minus sign.) TRINITY PARISH FIRE DISTRICT Governmental Funds: Statement of Revenues, Expenditures and Changes in Fund Balances/Statement of Activities For the Year Ended December 31, 2020 General Special Revenue Total Adjustments to Fund Fund Government-wide Statement of Activities $ $ Revenues Property Taxes Intergovernmental Miscellaneous Total Revenues $ 20,500 305,000 30,000 6,100 341,100 305,000 50,500 6,100 361, 600 20,500 0 0 16,300 154,000 26,500 170,300 26,500 Expenditures/Expenses Current Personnel Services Supplies Depreciation Capital Outlay Debt Service Principal Interest 127,400 127,400 5,700 8,900 5,700 8,900 16,300 154,000 26,500 170,300 26,500 Expenditures/Expenses Current Personnel Services Supplies Depreciation Capital Outlay Debt Service Principal Interest 127,400 127,400 5,700 8,900 322,500 18,600 5,700 8,900 338,800 22,800 $ $ $ $ 0 $ Total Expenditures Excess of Revenues Over Expenditures 16,300 4,200 23,800 5,200 23,800 5,200 (5,200) 23,800 (5,200) 18,600 5,200 Other Financing Sources (Uses): Issuance of Debt Transfers from Other Funds Transfers (to) Other Funds Total Other Financing Sources Fund Basis: Excess of Revenues and Other Sources Over (Under) Expenditures and Other Uses Government Wide: Change in Net Position Fund Balance / Net PositionBeginning of Year Fund Balance / Net Position-End of Year 37,200 9,400 46,600 23,600 60,800 (8,200) 1,200 15,400 62,000 $ $ $ $ 0