CONTINUING PROBLEM
Review the Comprehensive Annual Financial Report (CAFR) that you obtained.
What are the main sources of the government’s revenues, including those from both governmental and business-type activities?
How are revenues from property taxes accounted for, i.e., as a single amount, or in multiple categories? Identify the various categories and indicate the percentage breakdown (e.g., residential property taxes are 50 percent of the total property tax revenues).
Which of the entity’s governmental functions or activities had the greatest amount of directly identifiable revenues?