• Summary information regarding Watertown, NY and Rome, NY – Attached is some information and information can be found online at their wesites.
• A summary of the overall financial condition of the cities based on your calculations. Make an assumption that the year prior to the first year you selected the city has a positive fund balance (since fund balances are not shown on here, we must make the assumption that any excess revenue is increasing their fund balance and deficits are decreasing fund balance)
• Select the property tax revenue and three other line items – doesn’t matter whether they are revenues or expenditures – and compare the two citie.