Reconciliation schedule. Packer City’s balance sheet and statement of revenues, expenditures, and changes in fund balances are shown below for the governmental funds. Information on capital assets and...

Reconciliation schedule. Packer City’s balance sheet and statement of revenues, expenditures, and changes in fund balances are shown below for the governmental funds. Information on capital assets and long-term obligations are also provided from the notes to the financial statements.

Additional information:

a. Receivables include two items that were not available for current-period expenditures. These are $1,402,903 Advance to Water Utility and special assessments of $66,008.

b. Accrued interest payable was $114,765 on December 31, 2018, and it was $133,627 on December 31, 2019.