The following General Fund information is available for the preparation of the financial statements for the city

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The following General Fund information is available for the preparation of the financial statements for the city of Eastern Shores for the year ended September 30, 2014:

Revenues:

Property taxes ..........$28,000,000

Sales taxes ............ 13,216,000

Fees and fines ........... 1,124,000

Licenses and permits .......... 1,921,000

Intergovernmental ............ 1,368,000

Investment earnings .......... 654,000

Expenditures:

Current:

General government .......... 10,192,000

Public safety ............ 24,444,000

Public works .............. 6,211,000

Health and sanitation .......... 1,163,000

Culture and recreation ......... 2,154,000

Debt service—principal .......... 652,000

Debt service—interest ............ 821,000

Proceeds of long-term, capital-related debt . 2,210,000

Transfer to special revenue fund ..... 1,119,000

Special item—proceeds from sale of land ... 821,000

Fund balance, October 1, 2013 ...... 3,570,000


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 Eastern Shores General Fund for the Year Ended September 30, 2014.

Financial Statements
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