2-9 The following General Fund information is available for thepreparation of the financial statements for the city of EasternShores for the year ended September 30, 2017:
Revenues:
Property taxes ----- $27,020,000
Sales taxes --------- 13,316,000
Fees and Fines------ 1,324,000
Licenses and permits 1,721,000
Intergovernmental ---- 2,368,000
Investment earning --- 654,000
Expenditures:
Current:
General Government 11,725,000
Public safety 24,444,000
Public works 6,211,000
Health and Sanitation 1,163,000
Culture and recreation 2,154,000
Transfers to capital project fund 1,119,000
Special--Item proceeds from sale of land 821,000
Fund balance, October 1, 2016 1,812,000
From the information above prepare, in good form, a General FundStatement of Revenues, Expenditures, Changes in Fund Balances forthe city of Eastern Shores General fund for the year endedSeptember 30, 2017.
