Here is the question for the CONTINUING PROBLEM
Review the Comprehensive Annual Financial Report (CAFR) that you obtained.
10.Did the government generate revenue from traffic fines? As best you can tell, are these revenues reported in the government‐wide statements as program revenues (e.g., associated with police or public safety) or as general revenues?
Continuing Problem (Questions 1 through 10- textbook page 180) – 2020 Town of Cary, NC CAFR is used for these questions found at https://www.townofcary.org/home/showpublisheddocument?id=25355
(Enter the answer to the question in the blanks provided.)
If Multiple categories, identify the various categories and indicate the % breakdown –
Interest and penalties begin to accrue on – (date)
Traffic fine revenue reported in the government-wide statements as program revenues or general revenues – ______________________________________________________________
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