Instructions
Please post an initial response to the posted question(s) and then respond to at least one peer’s post.
• Initial Post should be concise (200-300 words). It should be written in conventionally accepted English. In other words, you need to apply correct grammar, check your spelling; proofread your writing before posting. Cite sources APA style.
• Responses to Peer’s Post (1) should provide critical feedback. Simply indicating “I agree with your post” or “I don’t agree with your point of view” is not enough.
Keep in mind that your discussion forum postings will likely be seen by other members of the course. Care should be taken when determining what to post. Discussions are due on Sunday by 11:59 PM. EST during their scheduled weeks.
Discussion Prompt
Review the Annual Comprehensive Financial Report (ACFR) of Century, FL for Fiscal Year 2019-20.
In 200-300 words, Identify at least TWO financially alarming signals—from the following funds:
1. Governmental Funds (the attached ACFR pages 13 and 15: this is the page number listed on the report, not the PDF page number)
2. Proprietary Funds (the attached ACFR pages 17-18: this is the page number listed on the report, not the PDF page number))
Consider information on revenues, expenditures, fund balances, liabilities, or cash flows. Discuss why these signals are concerning and what they might imply for the financial health or sustainability of Century, FL.