135.The following General Fund information is available for the preparation of the financial statements for the City of Pine Cove for the year ended December 31, 2015. Revenues: Property...







135.The following General Fund information is available for the preparation of the financial statements for the City of Pine Cove for the year ended December 31, 2015.













Revenues:



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, 2015








$26,400,000



10,150,000



1,320,000



2,160,000



890,000



660,000





8,200,000



21,000,000



6,300,000



1,200,000



12,160,000



100,000



40,000,000



42,000,000



1,130,000



760,000



7,600,000








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 Pine Cove for the Year Ended December 31, 2015.







136.The following water and sewer information is available for the preparation of the financial statements for the County of Augusta for the year ended June 30, 2015:













Operating revenues—charges for services



Operating expenses:



Personal services



Contractual services



Utilities



Repairs and maintenance



Depreciation



Interest revenue



Interest expense



Capital contributions



Transfer to General Fund



Net position, July 1, 2014






$17,590,000



9,490,000



1,822,000



880,000



1,580,000



2,640,000



130,000



340,000



997,000



900,000



2,720,000






Required: From the information given above, prepare, in good form, a Water and Sewer Fund column for the proprietary fund Statement of Revenues, Expenses, and Changes in Fund Net Position for the County of Augusta for the Year Ended June 30, 2015.









May 15, 2022
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