Are reasons for the increasedecrease clear from the


Problem

Look at the city of grand rapids CARF, ended juce 2016 and answer the following question: Look at the General Fund statements from the point of view of a financial analyst. Is the Fund Balance as of the balance sheet date larger or smaller than the Fund Balance at the end of the preceding year? Are reasons for the increase/decrease clear from the statements? What are the reasons? Did the expenditures stay within the budget in all categories?

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