Question

If financing for the renovation of a county’s municipal park that was begun and completed during...

If financing for the renovation of a county’s municipal park that was begun and completed during 2017 came from the following sources, explain for each source whether they would be considered revenues or other financing sources or some other category – and explain for each source why you gave the answer that you did.

Grant from state government                                      $400,000        

Proceeds from general obligation bond issue           500,000        

Transfer from Central City’s general fund              100,000

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