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A County Has the Following Governmental and Business-Type Activity Categories

Question 57

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A county has the following governmental and business-type activity categories:
Governmental activities:
General government
Public safety
Economic development
Environmental protection
Education
Transportation
Interest on long-term debt
Business-type activities:
Water and sewer
The following information was obtained from the financial records of the county for the year ended June 30, 2021 (in thousands):
 July 1, 2020 net position-governmental activities $69 July 1, 2020 net position-business-type activities 62,290 Expenses:  General government 11,200 Public safety 27,200 Economic development 21,100 Environmental protection 8,900 Education 27,300 Transportation 690 Interest on long-term debt 4,230 Water and sewer 11,800 Grants and contracts received:  Public safety 230 Economic development 5,360 Environmental protection 170 Education 2,345 Charges for services:  General government 1,600 Public safety 4,700 Economic development 3,500 Environmental protection 2,050 Water and sewer 12,050 Property tax revenue 59,000 Sales and occupancy tax revenue 25,700 Other tax revenue 5,600 Unrestricted investment income-governmental activities 371 Unrestricted investment income-business-type activities 160\begin{array} { | l | r | } \hline \text { July 1, 2020 net position-governmental activities } & \$ 69 \\\hline \text { July 1, 2020 net position-business-type activities } & 62,290 \\\hline \text { Expenses: } & \\\hline \text { General government } & 11,200 \\\hline \text { Public safety } & 27,200 \\\hline \text { Economic development } & 21,100 \\\hline \text { Environmental protection } & 8,900 \\\hline \text { Education } & 27,300 \\\hline \text { Transportation } & 690 \\\hline \text { Interest on long-term debt } & 4,230 \\\hline \text { Water and sewer } & 11,800 \\\hline \text { Grants and contracts received: } & \\\hline \text { Public safety } & 230 \\\hline \text { Economic development } & 5,360 \\\hline \text { Environmental protection } & 170 \\\hline \text { Education } & 2,345 \\\hline \text { Charges for services: } & \\\hline \text { General government } & 1,600 \\\hline \text { Public safety } & 4,700 \\\hline \text { Economic development } & 3,500 \\\hline \text { Environmental protection } & 2,050 \\\hline \text { Water and sewer } & 12,050 \\\hline \text { Property tax revenue } & 59,000 \\\hline \text { Sales and occupancy tax revenue } & 25,700 \\\hline \text { Other tax revenue } & 5,600 \\\hline \text { Unrestricted investment income-governmental activities } & 371 \\\hline \text { Unrestricted investment income-business-type activities } & 160 \\\hline\end{array} Required
Prepare, in good form, the county's government-wide statement of activities for fiscal year 2021.

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