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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, 2017:
Expenses: | ||
General government | $ | 9,740,000 |
Public safety | 23,094,000 | |
Public works | 12,239,000 | |
Health and sanitation | 6,235,000 | |
Culture and recreation | 4,215,000 | |
Interest on long-term debt, governmental type | 1,025,000 | |
Water and sewer system | 11,596,000 | |
Parking system | 421,000 | |
Revenues: | ||
Charges for services, general government | 1,115,000 | |
Charges for services, public safety | 1,216,000 | |
Operating grant, public safety | 701,000 | |
Charges for services, health and sanitation | 2,566,000 | |
Operating grant, health and sanitation | 1,215,000 | |
Charges for services, culture and recreation | 2,207,000 | |
Charges for services, water and sewer | 12,730,000 | |
Charges for services, parking system | 299,000 | |
Property taxes | 27,203,000 | |
Sales taxes | 20,768,000 | |
Investment earnings, business-type | 320,000 | |
Special itemgain on sale of unused land, governmental type | 1,254,000 | |
Transfer from governmental activities to business-type activities | 891,000 | |
Net position, July 1, 2016, governmental activities | 11,461,000 | |
Net position, July 1, 2016, business-type activities | 22,409,000 | |
From the above information, prepare a Statement of Activities for the City of Northern Pines for the year ended June 30, 2017. Northern Pines has no component units. (Net Expenses should be entered as a negative.) |
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