The following information is extracted from a villages governmental funds statement of revenues, expenditures, and changes in

The following information is extracted from a village’s governmental funds statement of revenues, expenditures, and changes in fund balances (amounts in thousands). Compute the village’s operating margin (a) for the General Fund and (b) for the General, Debt Service, and Library Funds aggregated.

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Debt Service General Library Total revenues Total expenditures Excess (deficiency) of revenues over expenditures Transfers in Transfers out 58,640 7412 1,228 26 842 (816 850 s 15 234 (219) 225 1,075) Net change in fund balances 153 54