The MD&A for the 2013 City and County of Denver CAFR is included as Appendix B in this chapter. Following are two tables that have been adapted from the statistical section of the CAFR. Use the MD&A and the provided statistical tables to complete this case. Required a. What are the three largest sources of governmental funds revenue? What percentage of the governmental funds revenue is from each of these sources? b. Sales tax is a large part of Denver’s tax revenue. Using information from the MD&A and trend information from both statistical tables provided, discuss trends in Denver’s sales tax revenues and your projection for sales tax revenues over the next two to three years. c. What are the three largest sources of governmental funds expenditures? What percentage of the governmental funds expenditures does each of the three sources represent? d. Compare the growth in the three largest revenue sources to the growth in the three largest expenditure sources over the past 10years. Using the information from the MD&A and the trend information discuss any changes in the overall expenditure growth patterns you have seen and would expect to see over the next two to three years.
The MD A for the 2013 City and County of Denver
Armstrong Helmet Company manufactures a unique model of bicycle helmet Question Case project Learning Objectives: Prepare practical applications of course concepts Develop analytical and critical thinking Develop decision-making capabilities Enhance professional...