Question 3-11

17 , CITY OF VIENNA Budgetary Comparison Schedule of General Fund ns For the Year Ended December 31, 2017 Actual Budgeted Amounts Variance Original Final (Budgetary Revenues: Basis) with Final Budget Taxes $6,500,000 Licenses $6,465,000 230,000 $6,480,000 Intergovernmental ? $ 15,000 1,200,000 225,000 1,200,000 (8,000) Miscellaneous 1,200,000 120,000 104,000 0 Total Revenues 8,050,000 ? 2,000 ? ? 9.000 Expenditures and Encumbrances: General Government 2,700,000 2,602,000 98,500 Public Safety 4,050,000 4,200,000 4,215,000 (15,000) Health and Welfare ? ? 1, 198,000 22,000 Total Expenditures and Encumbrances ? ? 105,500 Net Change in Fund Balance 70,000 (20,000) 94,500 114,500 Fund Balance-Beginning 350,000 350,000 350,000 O Fund Balance-Ending $ 420,000 $ 330,000 $ 444,500 $114,500 Required: a. Determine the missing amounts. b. During the year, the City made a single budget revision. Prepare the jour- nal entry to record that revision. of the General Fund of the City of