Accounting, the government and non-profit, comparing CAFR.

You are comparing CAFR of City of White plains and City of Buffalo year of 2018, (you can easily find it online)

From material contained in your city’s CAFR, including the Statement of Net Position and General Fund’s Balance Sheet and Statement of Revenues, Expenditures and Changes in Fund Balances, prepare a typed eight (8) page, double spaced report containing the following:

· Profile of the city:

· Economic Condition:

· Comparison to Budget

· Revenue Sources

· Debt Capacity:

· Pension Obligation

In addition from material in the Financial Section, utilize data from the Introductory and Statistical sections. Please ensure that you use your own words. Plagiarism will result in an F!

III: Comparison to White Plains –Based on your knowledge of White Plains gathered through the semester, in two or three paragraphs, give your opinion on how your city compares with it relative to its overall financial condition. Items to mention might include financial ratios, debt margin, revenue sources, etc.