Using the information above, prepare the statement of activities and the statement of net position on a government-wide basis (using full accrual accounting). The beginning fund balance in the government-wide Statement of Net Position is $2,871,012. (Round answers to 0 decimal places. e.g. 5,125.) Functions/Programs Primary Government Governmental Activities Statement of Activites-Government-Wide For the Year Ended December 31, 2025 Expenses (a) Tamarisk $ Charges for Services Program Revenues $ Grants and Contributions $ Net (Expense) Revenue and Changes in Net Position Primary Government Governmental Activities U-abx, x A- - A Font Governmental Activities Land Infrastructure Building Machinery and Equipment Construction in Progress Totals at historical cost Less accumulated depreciation Building Infrastructure Machinery and Equipment Accessibility: Investinate Paragraph Disclosure of Information about Capital Assets for the Year Ending December 31, 2025 Total accumulated depreciation Governmental activities capital assets, net Beginning Balance Tamarisk issued an 9%, 10-year $1,800,000 bond to build a monorail mass transit system. The city received $1,587,988 cash from the bond issuance on January 1, 2025. The bond yield is 11%. Interest is paid annually on Dece Disclosure information about capital assets is reported below. $490,000 770,000 950,000 450,000 F (188,000) (236,000) (51,000) $(475,000) $2,185,000 $2,660,000 $1,510,000 Primary Government Additions $1,510,000 1 Normal (59,500) (76,300) (34,100) $(169,900) $1,340,100 1 No Spac... Heading 1 Retirements $(224,000) $(224,000) 140,000 $140,000 $(84,000) Ending Balance $490,000 770,000 726,000 1,510,000 450,000 $3,946,000 (247,500) (172,300) (85,100) $(504,900) Heading 2 $3,441,100 Styles Title Subtitle Subtle Em.... c Replace Select G Editing Dictate Reuse Files Voice Sensitivity Editor Reuse Files Sensitivity Editor Depreciation expense charged to governmental activities as follows: Public Safety General Government Highways and Streets Sanitation $56,000 71,000 24,000 18,900 $169,900 Assets Cash Interest Receivable Investments Tamarisk Governmental Funds Fund Balance Sheets at December 31, 2025 Property Tax Receivable Total Assets General Fund $63,000 100,000 185,000 $348,000 Capital Projects Fund Monorail Fund $300,000 11,000 1,256,000 $1,567,000 Debt Service Fund Term Bond Fund $- 4,000 101,000 $105,000 Total Governmental Funds $363,000 15,000 1,457,000 185,000 $2,020,000 Liabilities and Fund Balance Vouchers Payable Total Liabilities Fund Balances: Restricted for: Capital projects Debt Service Assigned for encumbrance Unassigned Total Fund Balance Total Liabilities and Fund Balances $74,000 $74,000 193,000 81,000 274,000 $49,000 $49,000 1,518,000 1,518,000 $348,000 $1,567,000 $- 105,000 105,000 $105,000 $123,000 $123,000 1,518,000 105,000 193,000 81,000 1,897,000 $2,020,000 Revenues Tamarisk Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the Year Ended December 31, 2025 Property Taxes Licenses and Permits State Grant-highways and streets Intergovernmental-state grant Charges for Services (general government) Investment Earnings Total Revenue General Fund $525,000 150,000 250,000 130,000 75,000 $1,130,000 Capital Projects Fund Monorail Fund $1,000,000 $1,000,000 Debt Service Fund Term Bond $50,000 $50,000 Total Governmental Funds $575,000 150,000 250,000 1,000,000 130,000 75,000 $2,180,000 DA Page 5 of 6 0 words M fr Accessibilita l Expenditures Public Safety General Government Highways and Streets Sanitation Debt Service Interest Capital Outlay Total Expenditures Excess (deficiency) of revenues over expenditures Other Financing Sources (Uses) Proceeds from long-term capital debt Transfers in Transfers out Total other $500,000 300,000 130,000 70,000 $1,000,000 $1,510,000 $1,510,000 $(162,000) $(162,000) $130,000 ($510,000) ($112,000) $1,587,988 $162,000 $1,587,988 $162,000 $162,000 $162,000 $500,000 300,000 130,000 70,000 162,000 1,510,000 $2,672,000 ($492,000) $1,587,988 162,000 (162,000) $1.587,988 3 Special Items Proceeds from sales of equipment Net change in fund balance Fund balance-beginning Fund balance-ending $115,000 Accessibility: Investigate 83,000 189,000 $272,000 1,077,988 440,012 $1,518,000 50,000 57,000 $107,000 $115,000 110,988 686,012 $1,897,000 *Revenues from licenses and permits are assigned to highways and streets ($100,000) and to the general government ($50,000). Focus 89