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The Following General Fund Information Is Available for the Preparation  Revenues: \begin{array}{l}\text { Revenues: }\\\begin{array} { l | r } \end{array}\end{array}

question 31

Essay

The following general fund information is available for the preparation of the financial statements for the City of Lonesome Pines for the year ended December 31, 2009.
 Revenues: \begin{array}{l}\text { Revenues: }\\\begin{array} { l | r } \end{array}\end{array}


 Property taxes  Sales taxes  Fines and forfeits  Licenses and permits  Intergovernmental  Investment earnings  Expenditures:  Current:  General government  Public safety  Public works  Health and sanitation  Culture and recreation  Other:  Encumbrances  Appropriations  Estimated Revenues  Transfer to debt service fund  Special item-proceeds from sale of land  Fund balance, January 1,2009$26,800,00010,150,0001,320,0001,840,000890,000660,0008,200,00020,980,0006,300,0001,200,0002,160,000100,00041,000,00042,000,0001,130,000620,0003,200,000\begin{array}{l}\begin{array} { l } \text { Property taxes } & \\\text { Sales taxes } & \\\text { Fines and forfeits } & \\\text { Licenses and permits } & \\\text { Intergovernmental } &\\\text { Investment earnings } & \\\text { Expenditures: } & \\\text { Current: } & \\\text { General government } & \\\text { Public safety } & \\\text { Public works } & \\\text { Health and sanitation } & \\\text { Culture and recreation } & \\\text { Other: } &\\\text { Encumbrances } & \\\text { Appropriations } & \\\text { Estimated Revenues } & \\\text { Transfer to debt service fund } & \\\text { Special item-proceeds from sale of land } & \\\text { Fund balance, January } 1,2009 &\end{array}\begin{array} { l } \$ 26,800,000 \\10,150,000 \\1,320,000 \\1,840,000 \\890,000 \\660,000 \\\\\\8,200,000 \\20,980,000 \\6,300,000 \\1,200,000 \\2,160,000 \\\\100,000 \\41,000,000 \\42,000,000 \\1,130,000 \\620,000 \\3,200,000\end{array}\end{array}
Required: From the information given above, prepare, in good form, a General Fund Statement of Revenues, Expenditures and Changes in Fund Balances for the City of Lonesome Pines for the Year Ended December 31, 2009.

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