Hannah County has a total fund balance in the General Fund as of the end of the year of $1,565,000. Assume the following:
-The budget officer decided to commit $405,000 for new road maintenance. (The county's governing board had previously given her this authority.)
-Unspent restricted drug enforcement grant proceeds of $75,000
-The county's governing board passed a resolution to commit $500,000 to for construction of a fleet maintenance facility
In the year-end financial statements, Hannah County would report committed fund balance in the General Fund as

Question

Hannah County has a total fund balance in the General Fund as of the end of the year of $1,565,000. Assume the following: 
-The budget officer decided to commit $405,000 for new road maintenance. (The county's governing board had previously given her this authority.)
-Unspent restricted drug enforcement grant proceeds of $75,000
-The county's governing board passed a resolution to commit $500,000 to for construction of a fleet maintenance facility
In the year-end financial statements, Hannah County would report committed fund balance in the General Fund as

Quizplus · Accepted Answer

The Answer of Hannah County has a total fund balance in the General Fund as of the end of the year of $1,565,000. Assume the following: 
-The budget officer decided to commit $405,000 for new road maintenance. (The county's governing board had previously given her this authority.)
-Unspent restricted drug enforcement grant proceeds of $75,000
-The county's governing board passed a resolution to commit $500,000 to for construction of a fleet maintenance facility
In the year-end financial statements, Hannah County would report committed fund balance in the General Fund as

Hannah County Has a Total Fund Balance in the General