The following information was available for the General Fund of the City ofThomasville for the Year Ended December 31, 2015: (a) Revenues for the year included property taxes in the amount of $6,612,000, fines and forfeits in the amount of $700,000, and miscellaneous in the amount of $400,000. (b) Expenditures from current appropriations included: general government, $4,847,000; public safety, $1,924,000; culture and recreation, 812,000. (c) In addition to (b) above, expenditures related to prior year appropriations (encumbered last year) amounted to $40,000 (public safety). Encumbrances issued this year but not filled amounted to $60,000 (general government). (d) A transfer was made from the General Fund to a debt service fund in the amount of $500,000. A transfer was made from an enterprise fund to the General Fund in the amount of $450,000. (e) A sale of park land was made during the year, which was considered infrequent but not unusual and under the control of management. The proceeds amounted to $126,000, and the land had a basis of $90,000 reported in the government-wide Statement of Net Position the year before. (f) Beginning balances included Fund Balance in the amount of $222,000. Required: Insert the figures in the Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund for the City of Thomasville for the Year Ended December 31, 2015. (15 points plus one extra point). Statement of Revenues, Expenditures and Changes in Fund Balance Year ended 12/31/2015
Revenues
Property taxes
Fines and Forfeitures
Miscellaneous
Total Revenues
Expenditures
General Government
Public Safety
Culture andrecreation
Total Expenditures
Excess of revenues over expenditures
Other Financing Sources (Uses)
Transfers In
TransfersOut
Special Item: Proceeds from Sale of Land
Net Change in Fund Balance
Fund Balance 1/1/15
Fund Balance 12/31/15