The Following Information Is Available Concerning the Financial Activities of the City

Essay

The following information is available concerning the financial activities of the City of New York for the year ended June 30, 2017. The City uses the purchases method for inventory, and its landfill is a governmental fund. All amounts are in millions.
$\begin{array}{|l|r|}\hline \text { Total fund balances -governmental funds, June 30, 2017 } & \$ 3,544 \\\hline \text { Net pension liability - governmental funds } & 64,847 \\\hline \text { OPEB liability - proprietary funds } & 85 \\\hline \text { Inventories - governmental funds } & 402 \\\hline \text { Lease obligations - governmental funds } & 1,571 \\\hline \text { Long-term bonds and notes payable - governmental funds } & 86,209 \\\hline \text { Capital assets, net of accumulated depreciation - governmental funds } & 54,952 \\\hline \text { Net position-fiduciary funds } & 222,965 \\\hline \text { Deferred outflows of resources: bond refunding-governmental funds } & 13,489 \\\hline \text { Deferred inflows of resources: pensions -governmental funds } & 1,727 \\\hline \text { OPEB liability - governmental funds } & 94,502 \\\hline \text { Other long-term assets-governmental funds } & 44 \\\hline \text { Accrued noncurrent vacation and sick leave-governmental funds } & 4,263 \\\hline \text { Accrued interest payable-governmental funds } & 1,068 \\\hline \text { Landfill closure and post-closure care liability-governmental funds } & 1,466 \\\hline \text { Other long-term liabilities-governmental funds } & 10,304 \\\hline \text { Total assets-custodial funds } & 4,072 \\\hline \text { Capital assets, net of accumulated depreciation-proprietary funds } & 541 \\\hline\end{array}$
Required
Prepare a schedule showing a reconciliation of total fund balances-governmental funds (reported on the governmental funds balance sheet) to net position-governmental activities (reported on the government-wide statement of net position). Not all the information provided is used in this reconciliation.