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
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 Public safety Public works Health and sanitation Culture and recreation Interest on long-term debt, governmental type Water and sewer system Parking system Revenues: Charges for services, general government Charges for services, public safety Operating grant, public safety Charges for services, health and sanitation Operating grant, health and sanitation Charges for services, culture and recreation Charges for services, water and sever Charges for services, parking system Property taxes Sales taxes $10,440,000 24,000,000 12,890,000 6,310,000 4,307,000 1,031,000 12,550,000 428,000 1,181,000) 1,510,000 700,000 2,455,000 1,310,000 2,241,000 13,770,000 Investment earnings, business-type Special item-gain on sale of unused land, governmental type Net position, July 1, 2019, governmental activities Transfer from governmental activities to business-type activities Net position, July 1, 2019, business-type activities 300,000 28,212,000 21,698,000 320,000 1,315,000 873,000 13,222,000 23,333,000 CITY OF NORTHERN PINES Statement of Activities For the Year Ended June 30, 2020 Program Revenues Functions Programs Governmental Activities General Government Public Safety Public Works Health and Sanitation Culture and Recreation Interest on Long-Term Debt Total Governmental Activities Business-Type Activities Net (Expense) Revenue and Change in Net Position Expenses Charges for Services Operating Grants Governmental Activities Business Type Total Activities $ 10,440,000 $ 1,181,000 24,000,000 12,890,000 1,510,000 700,000 6,130,000 4,307,000 2,455,000 1,310,000 2,241,000 1,031,000 $ 0 0 0 0 0 0 $ 58,798,000 $ 7,387,000 $2,010,000 $ 0 $ 0 $ 0 Total Business-Type Activities Total-Primary Government General Revenues Total General Revenues, Special Items, and Transfers Change in Net Position Net Position, Beginning of Year $ 0 $ 0 $ $ 0 0 0 0 0 $ 0 $ 0 $ 05 0 $ 0 $58,798,000 $ 7,387,000 $2,010,000 $ 0 0 0 0 0 $ 0 $ 0 $ 0 $ 0 0
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