Question Set $3-4.$ Using Exhibit $13-14$ Town of Millbridge$$s Statement of Revenue, Expenditures, and Changes in Fund Balance$-$Governmental Fund $($p$.501),$ calculate the following ratios $($Show how you calculate each ratio$).$ Also, interpret each ratio you have calculated $($In other words, explain what each ratio means$).$

$(1)$ Debt Service Burden for total governmental fund

$(2)$ Risk Exposure Factor Ratio for total governmental fund

$(3)$ Tax Leverage Factor for total governmental fundNet Change in Fund Balances

Fund balances $-$ beginning

Fund balances$-$ending