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The fown council of Riverside estimated revenues for 2020 to be 5890,500 from properfy taxes and 5214,500 from besiness ticenses. The appropriations busget from the

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The fown council of Riverside estimated revenues for 2020 to be 5890,500 from properfy taxes and 5214,500 from besiness ticenses. The appropriations busget from the coumcit was as follows: In April, heavy spring rains carsed some flooding newar the tiver. As a result, a picnic atea at River's Edge Park was, ruined and severak damaged shofks had to shut down. The council adopted an upward revision of $84,000 for the parks and recreotion budget and teduced the estimated reventies from business licenses by 564,000 . The Senetal fund began the year with a balance of $66.000, During the year, tax collections totaled 5893.200 and reventes from business licenses, were 5144,400 . Expenditures were $982,0,99 for general government, $230,200 for parks and recreation, $127300 for sanitation, and 5174.333 for streets and sidewalks. There ate no outstanding encumbrances at year-end Required: Prepare a budgetary comparison schedule for the Generai Fund for 2020 . (Negative variance amounts should be indicated by a minus sign, Leave ne celis blenk-be certein to enter " 0 " wherever required.) TOWN OF RIVERSIDE Budeetary Comparison Schedule General Fund For the Year Ended December 31, 2020

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