Question
The following information is available for the preparation of the government-wide financial statements for the city of Northern Pines for the year ended June 30,
The following information is available for the preparation of the government-wide financial statements for the city of Northern Pines for the year ended June 30, 2015:
Expenses: | |
General government | $10,100,000 |
Public safety | 22,900,000 |
Public works | 11,890,000 |
Health and sanitation | 6,210,000 |
Culture and recreation | 4,198,000 |
Interest on long-term debt, governmental type | 1,021,000 |
Water and sewer system | 11,550,000 |
Parking system | 419,000 |
Revenues: | |
Charges for services, general government | 1,110,000 |
Charges for services, public safety | 1,210,000 |
Operating grant, public safety | 698,000 |
Charges for services, health and sanitation | 2,555,000 |
Operating grant, health and sanitation | 1,210,000 |
Charges for services, culture and recreation | 2,198,000 |
Charges for services, water and sewer | 12,578,000 |
Charges for services, parking system | 398,000 |
Property taxes | 27,112,000 |
Sales taxes | 20,698,000 |
Investment earnings, business-type | 319,000 |
Special itemgain on sale of unused land, governmental type | 1,250,000 |
Transfer from governmental activities to business-type activities | 688,000 |
Net position, July 1, 2014, governmental activities | 11,222,000 |
Net position, July 1, 2014, business-type activities | 22,333,000 |
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From the previous information, prepare, in good form, a Statement of Activities for the city of Northern Pines for the year ended June 30, 2015. Northern Pines has no component units.
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