using the town of cary NC https://www.carync.gov/home/showpublisheddocument/29536/638067880277300000

1. Main sources of the towns revenues, including sources from both governmental and business-type activities:

2. Revenues from property taxes are accounted for as Single amount or Multiple categories? __________________________ If Multiple categories, identify the various categories and indicate the % breakdown: _

3. Towns governmental functions or activities with the greatest amount of directly identifiable revenue:

4. Towns ACFR discusses the accounting basis for recognizing revenue? Yes or No: __________

5. Towns government-wide statement of net position or governmental-fund balance sheet reports deferred revenue? Yes or No: _________________________________________ If yes, most likely reason this amount has been deferred:

6. Towns property tax rate: _____________________________________________________

7. Percentage of fair market value real property is assessed: ___________________________

8. Towns property taxes are due on (date): _________________________________________ Interest and penalties begin to accrue on (date):

9. Percentage that each of the three largest sources of tax revenue increased over the last ten years: __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

10. Town generated revenue from traffic fines? Yes or No: _____________________________ Traffic fine revenue reported in the government-wide statements as program revenues or general revenues: ______________________________________________________________