Reconciliation of Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances to Government-Wide Statement of Activities The following is the June 30, 2020, governmental funds statement of revenues, expenditures, and changes in fund balances for Collins County (in thousands): Revenues Property taxes Fines and licenses $650,000 100,000 Investment revenue 4,000 230,000 Grants Total 984,000 Expenditures General government Health and safety Education 320,000 330,000 260,000 70,000 10,000 Capital outlay Debt service: interest 90,000 1,080,000 (96,000) Debt service: principal Total Excess of revenues over (under) expenditures Other financing sources (uses) Bond proceeds Proceeds from sale of capital assets 125,000 15,000 140,000 Total Excess of revenues and other financing sources overexpenditures and other financing uses $44,000 Additional information (in thousands): 1. Depreciation for 2020 on governmental funds' capital assets is $40,000. 2. Pension and OPEB costs incurred during 2020 total $95,000. 3. Accrued interest expense for 2020 is $3,000. 4. Change in internal service fund net position for 2020 is $800. 5. The book value of capital assets sold was $20,000. Instructions: . Select the appropriate "less" or "plus" answer from the drop-down menu on the left in each row. Use a negative sign with your answers, when appropriate ("Less" amounts). Required Prepare a reconciliation of governmental funds change in fund balances to governmental activities change in net position for the year ended June 30, 2020. Reconciliation of governmental funds fund balances to governmental activities net position (in thousands) Change in fund balances, governmental funds $ 0 X Plus 70 X Less OX Plus 0 x Less 0 X Less OX Less OX Less OX Less 0 x Plus OX Change in net position, governmental activities OX Check Reconciliation of Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances to Government-Wide Statement of Activities The following is the June 30, 2020, governmental funds statement of revenues, expenditures, and changes in fund balances for Collins County (in thousands): Revenues Property taxes Fines and licenses $650,000 100,000 Investment revenue 4,000 230,000 Grants Total 984,000 Expenditures General government Health and safety Education 320,000 330,000 260,000 70,000 10,000 Capital outlay Debt service: interest 90,000 1,080,000 (96,000) Debt service: principal Total Excess of revenues over (under) expenditures Other financing sources (uses) Bond proceeds Proceeds from sale of capital assets 125,000 15,000 140,000 Total Excess of revenues and other financing sources overexpenditures and other financing uses $44,000 Additional information (in thousands): 1. Depreciation for 2020 on governmental funds' capital assets is $40,000. 2. Pension and OPEB costs incurred during 2020 total $95,000. 3. Accrued interest expense for 2020 is $3,000. 4. Change in internal service fund net position for 2020 is $800. 5. The book value of capital assets sold was $20,000. Instructions: . Select the appropriate "less" or "plus" answer from the drop-down menu on the left in each row. Use a negative sign with your answers, when appropriate ("Less" amounts). Required Prepare a reconciliation of governmental funds change in fund balances to governmental activities change in net position for the year ended June 30, 2020. Reconciliation of governmental funds fund balances to governmental activities net position (in thousands) Change in fund balances, governmental funds $ 0 X Plus 70 X Less OX Plus 0 x Less 0 X Less OX Less OX Less OX Less 0 x Plus OX Change in net position, governmental activities OX Check