Homework Problem - Prepare a Statement of Revenues, Expenditures &
Changes in Fund Balance from the selected Chart of Accounts
of Galloway Township for Year 2019
Property Taxes	$ 13,000,000
Proceeds from sale of Capital Assets	523,000
Transfer from Capital Projects Service Fund	90,000
Expenditures - General Government	800,000
Transfer to Debt Service Fund	(100,000)
Licenses & Permits	800,000
Expenditures - Education	10,250,000
Expenditures - Interest on Short Term Notes	68,000
Expenditures - Police Cars, Fire Equipment, Contruction on Municipal Bldg.	1,200,000
Intergovernmental Grants	2,500,000
Expenditures - Retirement of Long Term Note	300,000
Fund Balance January 1, 2019	4,750,000
Expenditures - Public Safety	3,000,000
Expenditures - Interest on Long Term Notes	30,000
Expenditure - Highways & Streets	2,460,000
Expenditures - Health & Sanitation	920,000