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The Township of Thomasvilles General Fund has the following net resources at year end: $66,000 of inventory $375,000 federal grants for disaster relieve related to
The Township of Thomasvilles General Fund has the following net resources at year end:
- $66,000 of inventory
- $375,000 federal grants for disaster relieve related to the flood
- $60,000 sinking fund for payments of general obligation bond
- $150,000 contractual obligations for the purchase of equipment
- $200,000 to be used to fund government operations in the future
- Outstanding encumbrance of $80,000 for the purchase of office supplies
- What would be the total Nonspendable fund balance?
- What would be the total Restricted fund balance?
- What would be the total Committed fund balance?
- What would be the total Assigned fund balance?
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