Question - King City has budgeted the following General Fund revenues and appropriations for the fiscal year 2002.
Estimated Revenues:
Taxes $6,000,000
Licenses and Permits 1,200,000
Fines and Forfeits 400,000
Intergovernmental Revenues 2,000,000
Total Estimates Revenues $9,600.00
Appropriations
General Administration $1,700,000
Police 2,000,000
Fire 2,300,000
Health and Welfare 1,800,000
Public Works 1,900,000
Total Appropriations $9,700,000
Prepare the budgetary entry.