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The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of its June 3 0 fiscal year - end.
The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of its June fiscal yearend. Assume that the beginning net position is $in thousands and that there were no changes in net position during the year other than those reflected in the selected account balances shown. For simplicity, assume that the village does not have businesstype activities or component units.
WESTOVER VILLAGE
Governmental Activities
Selected Account Balances in thousands
For the Year Ended June
ExpensesCulture and Recreation
ExpensesGeneral Government
ExpensesHealth and Sanitation
ExpensesInterest on Longterm Debt
ExpensesPublic Safety
General RevenuesInvestment Earnings
General RevenuesProperty Taxes
General RevenuesUnrestricted Grants and Contributions
Program RevenueCulture and RecreationCharges for Services
Program RevenueCulture and RecreationOperating Grants
Program RevenueGeneral GovernmentCharges for Services
Program RevenueGeneral Governmentperating Grants
Progran RevenueHealth and SanitationCharges for Services
Program RevenuePublic SafetyCapital Grants
Program RevenuePublic SafetyCharges for Services
Program RevenuePublic SafetyOperating Grants
Special ItemGain on Sale of Park Land
tableDebitsCredits
Required
Prepare a partial statement of activities. Enter your answers in thousands. Input all amounts as positive values.
What is the change in Net Position?
What is the Net Position for July st
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