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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, 2020:
Expenses: | |||
General government | $ | 12,560,000 | |
Public safety | 26,133,000 | ||
Public works | 12,346,000 | ||
Health and sanitation | 6,571,000 | ||
Culture and recreation | 4,806,000 | ||
Interest on long-term debt, governmental type | 787,000 | ||
Water and sewer system | 11,689,000 | ||
Parking system | 443,000 | ||
Revenues: | |||
Charges for services, general government | 1,422,000 | ||
Charges for services, public safety | 227,900 | ||
Operating grant, public safety | 866,200 | ||
Charges for services, health and sanitation | 2,556,200 | ||
Operating grant, health and sanitation | 1,312,900 | ||
Charges for services, culture and recreation | 2,384,800 | ||
Charges for services, water and sewer | 12,572,400 | ||
Charges for services, parking system | 420,500 | ||
Property taxes | 29,382,600 | ||
Sales taxes | 22,431,700 | ||
Investment earnings, business-type | 352,000 | ||
Special itemgain on sale of unused land, governmental type | 1,353,600 | ||
Transfer from business-type activities to governmental activities | 758,500 | ||
Net position, July 1, 2019, governmental activities | 8,885,200 | ||
Net position, July 1, 2019, business-type activities | 2,492,400 | ||
From the above information, prepare a Statement of Activities for the City of Northern Pines for the year ended June 30, 2020. Northern Pines has no component units. (Negative amounts should be indicated by a minus sign.)
CITY OF NORTHERN PINES | |||||||
Statement of Activities | |||||||
For the Year Ended June 30, 2020 | |||||||
Program Revenues | Net (Expense) Revenue and Change in Net Position | ||||||
Functions/Programs | Expenses | Charges for Services | Operating Grants | Governmental Activities | Business-Type Activities | Total | |
Governmental Activities: | |||||||
Total Governmental Activities | |||||||
Business-Type Activities: | |||||||
Total Business-Type Activities | |||||||
Total | |||||||
General Revenues: | |||||||
Total General Revenues, Special Items, and Transfers | |||||||
Change in Net Position | |||||||
Net Position, July 1, 2019 | |||||||
Net Position, June 30, 2020 |
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