The following information is taken from the trial balance of the General Obligation Debt Service Fund of the City of Milwaukee, Wisconsin, at December 31, 20X5. Prepare the Statement of Revenues, Expenditures, and Changes in Fund Balance for this Debt Service Fund for the year ended December 31,20X5.

Transcribed Image Text:

City of Milwaukee, Wisconsin General Obligation Debt Service Fund Partial Trial Balance December 31,20X5 (in $000s) Debit Credit $128,823 43,807 52,942 14,695 3,418 8,214 28,112 12,209 31,930 Fund balance....R.. Property tax revenues . . Other revenues Refunding bonds issued face value. Transfers in Expenditures-interest. Bond issue costs Payment to refunded bond escrow agent.. $81,206 29,593 750 39,571