Question
Review the Comprehensive Annual Financial Report (CAFR) that you have obtained. 2 019 Town of Cary, NC CAFR is used for these questions 1.) How
Review the Comprehensive Annual Financial Report (CAFR) that you have obtained. 2019 Town of Cary, NC CAFR is used for these questions
1.) How many capital projects funds does the government maintain? How can you tell? Are any of these major funds? If so, for what purposes are they maintained? 2.) How many debt service funds does the government maintain? How can you tell? Are any of these major funds? If so, for what types of obligations are they maintained? 3.) How are the capital projects and debt service funds reported in the governmentwide statement of net position? 4.) Select one of the more recently established (and larger) capital projects funds (a major fund, if there is one). 5.) From where did the fund receive most of its resources?
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