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Use your city's financial reports to answer the following questions: (CAFR Hilton Head SC Year 2020) 1. From the MD&A in your report, write a

Use your city's financial reports to answer the following questions: (CAFR Hilton Head SC Year 2020)

1. From the MD&A in your report, write a short summary of:

(a) the financial condition of your government,

(b) a comparison of revenues with the prior year,

(c) a comparison of expenses with the prior year,

(d) a comparison of budgeted and actual activity.

2. From the Statement of Net Position, list the following:

(a) unrestricted net position - governmental activities,

(b) unrestricted net position - business type activities,

(c) restricted net position by restriction - governmental activities,

(d) restricted net position by restriction - business type activities.

https://www.hiltonheadislandsc.gov/finance/cafr/

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