What is the opinion or perspective on this? (New Jersey CAFR Fiscal YE June 2017)

New Jersey has two General Fund financial statements in its CAFR. The Balance Sheet Governmental Funds lists assets, liabilities, and fund balances. The Statement of Revenues, Expenditures and Changes in Funds Balances Governmental Funds gives the revenues for which cash is received in the year or soon after and expenditures for goods or services received with payments due in the year or soon after. New Jersey did not report any noncurrent or nonliquid assets or noncurrent liabilities. New Jersey reported deferred outflows along with the liabilities. New Jersey's revenue classifications are vague and very insightful. All the taxes are in a single group titled taxes rather than listing each one out. The same goes for its licenses too.