For the budgetary year ending December 31, 2005, Maple City’s general fund expects the following inflows of resources:
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|
Property Taxes, Licenses, and Fines |
$9,000,000 |
|
Proceeds of Debt Issue |
5,000,000 |
|
Interfund Transfers for Debt Service |
1,000,000 |
In the budgetary entry, what amount should Maple record for estimated revenues?
- $ 9,000,000
- $10,000,000
- $14,000,000
- $15,000,000