The following information is available for the preparation of the government-wide financial statements for the...
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Accounting
The following information is available for the preparation of the government-wide financial statements for the City of Northern Pines for the year ended June 30, 2017:
Expenses: | |||
General government | $ | 11,760,000 | |
Public safety | 23,900,000 | ||
Public works | 11,290,000 | ||
Health and sanitation | 6,010,000 | ||
Culture and recreation | 4,398,000 | ||
Interest on long-term debt, governmental type | 721,000 | ||
Water and sewer system | 10,710,000 | ||
Parking system | 409,000 | ||
Revenues: | |||
Charges for services, general government | 1,310,000 | ||
Charges for services, public safety | 210,000 | ||
Operating grant, public safety | 798,000 | ||
Charges for services, health and sanitation | 2,355,000 | ||
Operating grant, health and sanitation | 1,210,000 | ||
Charges for services, culture and recreation | 2,198,000 | ||
Charges for services, water and sewer | 11,588,000 | ||
Charges for services, parking system | 388,000 | ||
Property taxes | 27,112,000 | ||
Sales taxes | 20,698,000 | ||
Investment earnings, business-type | 325,000 | ||
Special itemgain on sale of unused land, governmental type | 1,250,000 | ||
Transfer from business-type activities to governmental activities | 700,000 | ||
Net position, July 1, 2016, governmental activities | 8,200,000 | ||
Net position, July 1, 2016, business-type activities | 2,300,000 | ||
Required: From the previous information, prepare a Statement of Activities for the City of Northern Pines for the year ended June 30, 2017. Northern Pines has no component units. (Negative amounts should be indicated by a minus sign.)
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