Question: city will collect another $ 8 8 , 0 0 0 on these taxes receivable during the first two months of the next fiscal year.

city will collect another $88,000 on these taxes receivable during the first two months of
the next fiscal year. One percent of the tax levy is expected to be uncollectible. What
amount of governmental fund property tax revenues should the city report for the current
fiscal year?
a. $1,788,000
b. $1,860,000
c. $1,980,000
d. $2,000,000

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