The village of Warrenville levies property taxes in the amount of $4,290,000 for the fiscal year ended June 30, 2013. It collects $4,200,000 during the year. Regarding the $90,000 of delinquent receivables, it expects to collect $60,000 in July and August of 2013 and another $20,000 after August 2013 but before March 2014. It expects to write off $10,000 as uncollectible. How much should the village recognize as property tax revenues in its government-wide Statement of Activities for the fiscal year ended June 30, 2013.

Question 22 options:

	$4,280,000
	$4,290,000
	$4,270,000
	$4,200,000

Answer rating: 100% (QA)

Correct Option 4280000 Explanation and calculations ... View the full answer