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Question: 2 Saudi Arabia Debt Service and Capital Projects Funds had the following resource inflows during 2016. State whether each of the inflows should be reported as revenues or as other financing sources in the fund-level statements of revenues, expenditures and changes in fund balances.

a. Property taxes levied specifically for the Debt Service Fund

b. Cash received from General Fund to finance debt service payments

c. Cash received from General Fund to finance part of the cost of new police headquarters

d. Grant from state to finance part of cost of new police headquarters

e. Proceeds of bonds issued to finance part of the cost of new police headquarters

f. Interest earned on investment of resources being accumulated to finance construction

g. Increase in fair market value of investments being accumulated to finance construction

h. Bond premium received by Debt Service Fund from Capital Projects fund

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