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Required information Exercise 10-21 (Algo) Comparative Ratios [LO 10-4] The rnvernment-wirle finanrial gtatemente fnr the Citu nf rhorland far a threp-vear nerind are nresented CITY
Required information Exercise 10-21 (Algo) Comparative Ratios [LO 10-4] The rnvernment-wirle finanrial gtatemente fnr the Citu nf rhorland far a threp-vear nerind are nresented CITY OF ARBORLAND Statement of Activities For the Year Ended December 31, 2023 (in thousands) Net (Expense) Revenue and Changes in Net Position Additional information follows: Population: Year 2023: 30,500, Year 2022: 28,371, Year 2021: 26,454. Debt limit remained at $20,400,000 for each of the chree years. Net cash from operations is generally 80 percent of total revenues each year. Required b. Calculate those ratios identified in part a for FY 2023. Show your computations. (Round your answers to the nearest whole dollar amount. Enter your answer in thousands except for Bonded debt per Capita, Available Legal Debt Limit, and Property Taxes per Capita whose values should be entered in dollars and not in thousands. Use ending values if the averages are not available. Use Property tax revenues instead of Property tax levy in your computation.) Unrestricted Net Position
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