Prepare a Reconciliation to explain the differences between the Total Governmental Fund Balance and the Total Net Position for Governmental Activities based on the following information.

Prepare a Reconciliation to explain the differences between the Total Governmental Fund Balance and the Total Net Position for Governmental Activities based on the following information.

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Prepare a Reconciliation to explain the differences between the Total Governmental Fund
Balance and the Total Net Position for Governmental Activities based on the following
information.
On the Governmental Funds Balance Sheet, the total Fund Balance for the
Total Governmental Funds column is
$
31,134,127
In the Government-wide Statement of Net Position, the total Net Position for
the Governmental Activities Column is
$222,063,205
The following amounts are included in the Government-wide Statement of
Net Position and not included in the Governmental Funds Balance Sheet:
Assets
Land
$
50,067,172
Construction in Progress
9,870,118
Buildings, Machinery, equipment, and vehicles, and Infrastructure
224,545,168
net of accumulated depreciation
Net Pension Assets
454,389
Long-term Liabilities
Amounts included in Receivables that are reported as deferred inflows (unavailable
revenues) in the Governmental Funds Balance Sheet
$
4,874,014

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