The following information pertains to the Scott County General Fund:
$\begin{array}{lr}
\text { Appropriations } & \$ 15,000,000 \
\text { Estimated Revenues } & 14,000,000 \
\text { Expenditures } & 14,800,000 \
\text { Revenues } & 14,200,000
\end{array}$
The change in Scott County's General Fund fund balance for the year is a

Question

The following information pertains to the Scott County General Fund: 
$\begin{array}{lr}
\text { Appropriations } & \$ 15,000,000 \
\text { Estimated Revenues } & 14,000,000 \
\text { Expenditures } & 14,800,000 \
\text { Revenues } & 14,200,000
\end{array}$
The change in Scott County's General Fund fund balance for the year is a

Quizplus · Accepted Answer

The change in the fund balance is calculated by subtracting the expenditures from the revenues. Here, $14,200,000 (Revenues) - $14,800,000 (Expenditures) = -$600,000, indicating a $600,000 decrease in the fund balance.

The Following Information Pertains to the Scott County General Fund