The following information is available for the preparation of the government-wide financial statements for the City of Fishersville for the year ended June 30, 2009:
Expenses: General government Public safety Public works Health and sanitation Culture and recreation Interest on long-term debt, governmental type Water and sewer system Parking system Revenues: Charges for services, general government Charges for services, public safety Operating grant, public safety Operating grant, health and sanitation Charges for services, culture and recreation Charges for services, water and sewer Charges for services, parking system Property taxes Sales taxes Investment earnings, business-type Other Financing Sources (Uses): Special item-gain on sale of unused land, governmental type Transfers In (from governmental funds) Transfer Out (to governmental funds) Net assets, July 1, 2008, governmental activities Net assets, July 1, 2008, business-type activities $11,000,00022,000,00012,000,0006,000,0004,500,000600,00012,000,000500,0002,000,000200,000700,0001,400,0002,000,00013,000,000400,00030,000,00021,000,000300,0001,000,0001,700,000(1,000,000)13,000,00022,000,000 Required: From the information given above, prepare, in good form, a Statement of Activities for the City of Fishersville for the year ended June 30, 2009. Fishersville has no component units.
Definitions:
Dark Sky Preserve
An area, usually a park or conservation area, designated to be kept free of artificial light pollution to promote astronomy and protect nocturnal wildlife.
Low-Density Development
A type of urban planning that spreads out buildings and population, often resulting in more green space per capita but requiring more land.
Industrialization
The process of developing industries in a country or region on a wide scale.
Mass Transportation
Infrastructure established to transport a significant population effectively in cities and surrounding suburbs, encompassing vehicles such as buses, trains, subways, and trams.