Problem 16-6 (LO 1, 4) Special assessments, capital projects fund, debt service fund, effect on other funds/groups. You are given the following post-closing trial balance for the Special Assessment Capital Projects Fund of the city of Stone Creek as of January 1, 2018. The project was started last year and should be completed in June of 2018. Debit Credit Cash 290,000 60,000 150,000 80,000 290,000 290,000 The special assessments are collected by the debt service fund, which also makes payments of principal and interest on special assessment bonds. The city has guaranteed payment of the debt in the event of nonpayment by the special assessment property owners. The debt service fund has the following balances,shown on nesxt page, on January 1, 2018