The following transactions occurred during the 2023 fiscal year for the City of Evergreen. For budgetary purposes, the city reports encumbrances in the Expenditures section of its budgetary comparison schedule for the General Fund but excludes expenditures chargeable to a prior year's appropriation. 1. The budget prepared for the fiscal year 2023 was as follows: Estimated Revenues: Taxes Licenses and permits Intergovernmental revenue Miscellaneous revenues Total estimated revenues Appropriations: General government $2,069,000 390,000 415,000 80,000 2,954,000 508,800 Public safety 923,800 Public works 687,800 Health and welfare 637,800 Miscellaneous 104,000 Total appropriations 2,862,200 Estimated Other Financing Uses: Estimated other financing uses-transfers out 23,800 Budgeted increase in fund balance $ 68,000 2. Encumbrances issued against the appropriations during the year were as follows: General government $ 76,000 Public safety 268,000 Public works 410,000 Health and welfare Miscellaneous 177,820 89,000 Total $1,020,820 3. The current year's tax levy of $2,147,200 was recorded; uncollectibles were estimated to be $83,000. 4. Tax collections of the current year's levy totaled $1,477,000. The City also collected $150,000 in taxes from the prior year's levy in the first 60 days after year-end. (These delinquent collections had been anticipated prior to year-end.) 5. Personnel costs during the year were charged to the following appropriations in the amounts indicated. Encumbrances were not recorded for personnel costs. Because no liabilities currently exist for withholdings, you may ignore any FICA or federal or state income tax withholdings. (Expenditures charged to Miscellaneous should be treated as General Government expenses in the governmental activities general journal at the government-wide level.) General government Public safety Public works Health and welfare Miscellaneous Credit to Vouchers Payable $ 429,000 653,000 272,000 457,000 12,900 $1,823,900 6. Invoices for all items ordered during the prior year were received and approved for payment in the amount of $14,830. Encumbrances had been recorded in the prior year for these items in the amount of $14,180. The amount chargeable to each year's appropriations should be charged to the Public Safety appropriation. 7. Invoices were received and approved for payment for items ordered in documents recorded as encumbrances in Transaction (2) of this problem. The following appropriations were affected. Actual Liability Estimated Liability General government $ 70,700 $ 70,200 Public safety Public works Health and welfare Miscellaneous 254,200 378,000 258,900 375,000 148,600 148,100 89,000 $940,500 89,000 $941,200 8. Revenue other than taxes collected during the year consisted of licenses and permits, $392,800; intergovernmental revenue, $419,800; and $85,800 of miscellaneous revenues. For purposes of accounting for these revenues at the government-wide level, the intergovernmental revenues were operating grants and contributions for the Public Safety function. Miscellaneous revenues are not identifiable with any function and, therefore, are recorded as General Revenues at the government-wide level. 9. A transfer of $23,800 was made to the debt service fund for principal and interest payments. 10. Payments on Vouchers Payable totaled $2,523,000. Additional information follows: The General Fund Fund Balance- Unassigned account had a credit balance of $114,900 as of December 31, 2022; no entries have been made in the Fund Balance-Unassigned account during 2023. b. Prepare a budgetary comparison schedule for the General Fund of the City of Evergreen for the fiscal year ending December 31, 2023. (Input all amounts as positive values.) Revenues: Total Revenues Expenditures (Budget Basis): Total Expenditures Excess of Revenues Over Expenditures CITY OF EVERGREEN General Fund Budgetary Comparison Schedule For the Year Ended December 31, 2023 Other Financing Uses: Interfund Transfers Out Increase in Encumbrances Outstanding Increase in Fund Balances Fund Balances, 1/1 Fund Balances, 12/31 Budget (Original and Final) Actual Variance with Final Budget Over (Under) $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $ 0