The City Is Installing Curbs and Sidewalks in a Subdivision

question 13

Multiple Choice

The city is installing curbs and sidewalks in a subdivision as part of a special assessment capital improvement project. The capital improvements are being financed by an $800,000 eight year, 10%, special assessment note payable issued for cash at the Last National Bank at the beginning of the project earlier this year. The note and interest are to be repaid from special assessments levied against the property owners of the subdivision. The total amount of special assessments of $840,000 was levied in the current year and will be collected evenly over eight years beginning next year. The city spent $600,000 to install curbs and sidewalks during the year. For the year, the city should report what change in fund balance for the Capital Projects Fund?

• A) $(600,000).
• B) $200,000.
• C) $240,000.
• D) $840,000.

Distinguish between directive and supportive behaviors in leadership.

Appreciate the situational approach’s strength in conceptualizing subordinate development levels.

Describe the characteristics of the four follower development levels in the SLII model.

Analyze a realistic leadership scenario to identify the SLII leadership style being applied.

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Definitions:

Entitlement

A government program guaranteeing access to benefits by members of a specific group and based on established rights or by legislation.

Policy Feedback

The process by which existing policies influence future political behavior, public attitudes, and policy formulations.

Elite Democratic

A form of democracy that emphasizes the role of elected representatives or elites in making major decisions, rather than direct participation by the general populace.

Economic Policies

Government actions intended to influence the economy of a nation, including taxation, spending, and the control of money supply.