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Questions from the 2018 CAFR for the Village of Arlington Heights (CAFR pages 30, 31, 33, 34, 35, 36, 61, 153, 154, 158, 159, 162,

Questions from the 2018 CAFR for the Village of Arlington Heights (CAFR pages 30, 31, 33, 34, 35, 36, 61, 153, 154, 158, 159, 162, 163)

a) A nonmajor enterprise fund made two transfers totaling $500,000 to other funds during 2018. Which two funds received transfers from this nonmajor enterprise fund?

b) At December 31, 2018, the amount reported for net position invested in capital assets was $24,347,458 for the Water and Sewer enterprise fund. How much debt was deducted to arrive at this amount?

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