The City of Presho Had the Following Transactions Related to the Construction

question 7

Essay

The City of Presho had the following transactions related to the construction of a new courthouse.
(a). 1/2/09: 20 year 6% General Obligation Serial Bonds with a face value of $5,000,000 are issued at 99. Interest and principle payments are made on Jan. 1 and July 1 of each year. The premium was transferred into the Debt Service Fund. The general fund will fully fund each payment as they become due.
(b). 3/1/09: Land is purchased for a new courthouse at a cost of $ 300,000.
(c). 3/1/09: A contract is signed for construction of the new courthouse in the amount of $ 2,800,000.
(d). 6/15/09: Cash sufficient to cover interest and principal payments for the year less the premium is transferred from the General Fund.
(e). 7/1/09: Interest ($150,000) and principal ($125,000) are paid on the courthouse fund serial bonds.
(f). 12/1/09: Receive an invoice for progress completed to date on the courthouse construction project in the amount of $2,100,000.
(g). 12/27/09: $146,250 is transferred from the general fund for the 1/1/10 interest payment due on the courthouse fund serial bonds. Interest is accrued as of 12/31/09, following the exception permitted by GASB.
Required: Prepare a Statement of Revenues, Expenditures and Changes in Fund Balance for the Capital Projects and Debt Service Funds. Assume this is the first year for each fund (beginning fund balances are zero) and the City has no other long-term debt than that described above. Use separate columns for the two funds

Evaluate different types of organizational change and their applicability in various scenarios.

Understand the concept of force field analysis and its utility in change management.

Distinguish between organizational structures and their impact on change adaptability.

Understand the dynamics of change within public agencies during various periods.

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Definitions:

Excitatory Postsynaptic Potential

A temporary increase in postsynaptic membrane potential due to the flow of positively charged ions into the postsynaptic cell, making it more likely to fire an action potential.

Depolarization

The reduction in the electrical charge difference across a cell's plasma membrane, leading to the initiation of an action potential.

Resting Potential

The electrical charge difference across the cell membrane while a neuron is at rest, typically around -70mV, enabling the potential for action potentials.

Action Potential

A rapid increase and subsequent decrease in voltage across a cellular membrane, allowing neurons and muscle cells to communicate and react to stimuli.