A county had the following earnings during the year:
-Charges for services in public works of $289,000
-Public safety operating grants of $100,000
-Property taxes of $1,950,000
-Interest earned on restricted grants of $5,750
-Interest earned on unrestricted grants of $3,250
-Public works capital grants of $310,000
-Sales taxes of $425,000
Based on this information and assuming all revenues were earned, governmental activities general revenues for the year would be

Question

A county had the following earnings during the year: 
-Charges for services in public works of $289,000
-Public safety operating grants of $100,000
-Property taxes of $1,950,000
-Interest earned on restricted grants of $5,750
-Interest earned on unrestricted grants of $3,250
-Public works capital grants of $310,000
-Sales taxes of $425,000
Based on this information and assuming all revenues were earned, governmental activities general revenues for the year would be

Quizplus · Accepted Answer

The question is asking for governmental activities general revenues, which are revenues that are not specific to any particular program or function. Therefore, we need to exclude the charges for services in public works and the public works capital grants, since these are specific to public works.

Using only the remaining revenues:

Public safety operating grants: $100,000
Property taxes: $1,950,000
Interest earned on restricted grants: $5,750
Interest earned on unrestricted grants: $3,250
Sales taxes: $425,000

Total governmental activities general revenues = $100,000 + $1,950,000 + $5,750 + $3,250 + $425,000 = $2,378,250

A County Had the Following Earnings During the Year