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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 | $ | 9,700,000 |
Public safety | 23,000,000 | |
Public works | 12,190,000 | |
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 | 12,678,000 | |
Charges for services, parking system | 298,000 | |
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 | 888,000 | |
Net position, July 1, 2016, governmental activities | 11,422,000 | |
Net position, July 1, 2016, business-type activities | 22,333,000 | |
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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