|Posted: 01 Oct 2010 at 19:07 | IP Logged
ummm, yeah I obviously needed to take a closer look. Like I said, I haven't quite gotten here yet (and Gov't/NFP are all new to me). Sorry...
I actually see what you are confused about now. Will you give me a second chance? Here goes:
If you look at F9-24 under "Other Financing Sources" you will see total Transfers In of $465,000 and Transfers Out of $(384,000). Please note that these net to $81,000.
On F9-25, you are correct that these transfers are not included on the reconciliation. From my understanding, this is because these transfers ARE INCLUDED in the government-wide statement of activities. Therefore, they should not be subtracted out in the reconciliation.
If you look at F9-18 at the government-wide statement of activities, you will see toward the bottom a section for "General revenues." In this section is included "Transfers" for $81,000. Note that the 3 types of revenues that you list in your post above are the "Program" revenues which do not include these "General revenues." The net Program revenues of $(2,435,500) and the total general revenues/transfers of $2,731,000 net out to $295,500, which ties to the reconciliation on F9-25.
Hope this helps.
AUD 7/6/2010 - 91
REG 8/3/2010 - 85
BEC 8/30/2010 - 84
FAR 10/11/2010 - 75
Passed all on 1st try, Becker only