Information About the Conversion of the Governmental Funds Change in Fund

question 13

Essay

Information about the conversion of the Governmental Funds Change in Fund Balance to the Statement of Activities Change in Net Position for the City of Six Mile is presented below all amounts are in thousands of dollars:
$\begin{array}{llr} \text { Net increase in all governmental funds' fund balances }&\$1,300\\ \text { Increase in deferred revenue all related to property taxes}&200\\ \text { Increase in accrued interest on long-term liabilities}&12\\ \text { Expenditures - capital asset }&5,080\\ \text { Expenditures - principal on capital related debt.}&3,000\\ \text { Depreciation expenses on capital assets}&4,100\\ \text { Proceeds from general long-term capital debt }&3,500\\ \text { Proceeds from the sale of capital assets book value of \( \$ 25 \)}&40\\ \text { Increase in liability for compensated absences }&30\\ \text { Internal service net income}&520\end{array}$

---

Definitions:

Organizational Culture

The shared values, beliefs, and practices that influence the way work is done and how people interact within an organization, shaping its environment and ethos.

Political Response Continuum

A range of actions or strategies an individual or organization might employ in response to political events, pressures, or environments, from passive to active engagement.

Petroleum Company

An organization engaged in the exploration, extraction, refining, transporting, and selling of petroleum products.

Political Response Continuum

A concept that outlines the range of possible responses an organization can have to political challenges or pressures.