ANSWER FORM BELOW:

Problem 3: Comprehensive Annual Financial Report Questions Use the Comprehensive Annual Financial Report for the Village of Arlington Heights for the year ended December 31, 2018, to answer the questions below. Please look this up online. CAFR for Village of Arlington Heights 2018. Hints: examine (1) the letter of transmittal, (2) note 1, (3) note 3, (4) budgetary comparison schedules on pages 116-124, and special revenue funds on pages 131-133. 1. Examine the original and final appropriations budgets for 2018 in the schedule of detailed expenditures-budget and actual prepared for the year ended December 31, 2018. How much larger was the final total appropriations budget from the total appropriations budget? 2. Refer to the previous question. (A) What function of the government had the largest budget revision for 2018 . (B) For this function, what were the total amounts of the revisions by department? (C) In each department, what was the object that was revised the most? \begin{tabular}{|l|l} \hline 1. & Difference between final and original appropriations budget \\ \hline \end{tabular} $ \begin{tabular}{|l|l|} \hline 2. A & Function that had the largest amount of budget revisions \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \multicolumn{2}{c|}{ Departments } & \multicolumn{2}{|c|}{ \$ of budget revisions } \\ \hline 2. B & & \\ \hline & & \\ \hline \end{tabular} 2. C Problem 3: Comprehensive Annual Financial Report Questions Use the Comprehensive Annual Financial Report for the Village of Arlington Heights for the year ended December 31, 2018, to answer the questions below. Please look this up online. CAFR for Village of Arlington Heights 2018. Hints: examine (1) the letter of transmittal, (2) note 1, (3) note 3, (4) budgetary comparison schedules on pages 116-124, and special revenue funds on pages 131-133. 1. Examine the original and final appropriations budgets for 2018 in the schedule of detailed expenditures-budget and actual prepared for the year ended December 31, 2018. How much larger was the final total appropriations budget from the total appropriations budget? 2. Refer to the previous question. (A) What function of the government had the largest budget revision for 2018 . (B) For this function, what were the total amounts of the revisions by department? (C) In each department, what was the object that was revised the most? \begin{tabular}{|l|l} \hline 1. & Difference between final and original appropriations budget \\ \hline \end{tabular} $ \begin{tabular}{|l|l|} \hline 2. A & Function that had the largest amount of budget revisions \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \multicolumn{2}{c|}{ Departments } & \multicolumn{2}{|c|}{ \$ of budget revisions } \\ \hline 2. B & & \\ \hline & & \\ \hline \end{tabular} 2. C