Question
The following information was drawn from the accounts and records of Russ Township: Locally levied gas tax restricted to street maintenance $1,000,000 Grant from state
The following information was drawn from the accounts and records of Russ Township:
Locally levied gas tax restricted to street maintenance | $1,000,000 |
Grant from state for widening and repaving Main Street | 4,000,000 |
Unrestricted charges for ambulance services provided by fire department | 250,000 |
Contributions from local businessesrestricted for youth recreation programs. | 75,000 |
Income from Permanent Fund endowment restricted to economic development purposes. | 120,000 |
Fines that are unrestricted as to use | 31,000 |
Property taxes restricted for education purposes | 720,000 |
Shared revenues from the staterestricted for education | 1,230,000 |
Federal grant revenuesrestricted for hiring police officers | 400,000 |
Federal grant to replace water and sewer lines | 5,000,000 |
Prepare a schedule computing the amounts to be reported in each of the three minimum program revenues classifications by Russ Township.
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