What are the three largest expenditures


Problem

Revisit your city's CAFR from Week 1: Allentown, PA

i. Find the Balance Sheet for Governmental Funds. What is the largest asset listed?

ii. Find the Statement of Revenues, Expenditures, and Changes in Fund Balances for the Governmental Funds. For the General Fund, what are the three largest revenue sources? What are the three largest Expenditures?

iii. Anything you found specifically interesting regarding your city? Anything surprise you?

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Financial Accounting: What are the three largest expenditures
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