wThe town council of Riverside estimated revenues for 2020 to be $817,971 from property taxes and $197,029 from business licenses. The appropriations budget from the council was as follows: General government Parks and recreation Sanitation Streets and sidewalks $406,000 132,000 112,000 182,000 In April, heavy spring rains caused some flooding near the river. As a result, a picnic area at River's Edge Park was ruined and several damaged shops had to shut down. The council adopted an upward revision of $72,000 for the parks and recreation budget and reduced the estimated revenues from business licenses by $52,000. The General Fund began the year with a balance of $60,000. During the year, tax collections totaled $820,600 and revenues from business licenses were $137,200. Expenditures were $376,000 for general government, $205,600 for parks and recreation, $114,700 for sanitation, and $168,333 for streets and sidewalks. There are no outstanding encumbrances at year- end.

The town council of Riverside estimated revenues for 2020 to be $817,971 from property taxes and $197.029 from business licenses. The appropriations budget from the council was as follows: In April. heavy spring rains caused some flooding near the river. As a result a picnic area at River's Edge Park was ruined and several damaged shops had to shut down. The council adopted an upward revision of $72,000 for the parks and recreation budget and reduced the estimated revenuec from business licenses by $52,000. The General Fund began the year with a balance of $60,000 During the year, tax collections totaled $820,600 and revenue: from business licenses were $137,200. Expenditures were $376,000 for generai govemment, $205,600 for parks and recreation. $114,700 for sanitation, and $168,333 for streets and sidewalks. There are no outstanding encumbrances at yearend. Required: Prepare a budgetary comparison schedule for the General Fund for 2020. (Negative varlance amounts should be Indlcated by a minus sign. Leave no cells blank - be certaln to enter " O " wherever required.)