fund balance
The following information pertains to Pine City’s general fund for 2005:
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Appropriations Control
$6,500,000
Expenditures Control
5,000,000
Other Financing Sources Control
1,500,000
Other Financing Uses Control
2,000,000
Revenues Control
8,000,000
After Pine’s general fund accounts were closed at the end of 2005, the fund balance increased by
$3,000,000
$2,500,000
$1,500,000
$1,000,000