1. Per the city's schedule of long-term obligations, what is the total long-term obligation for both governmental and business-type activities? Does this amount reconcile with the long-term liabilities as reported on the government wide statement of net position?
2. In addition to bonds payable, what other kinds of long-term debt for governmental activities did the city report in its statement of net position?
3. Did the city increase or decrease its long-term borrowings during the year? What was the effect on total long-term liabilities at year end? Explain.