I can’t figure out what the change in net position is? The following alphabetic

Question

I can’t figure out what the change in net position is? The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of June 30, 2017. Assume that beginning net position is $1,723 (in thousands) and that there were no changes in net position during the year other than those reflected in the selected account balances shown. For simplicity, assume that the village does not have business-type activities or component units. WESTOVER VILLAGE Governmental Activities Selected Account Balances (in thousands) For the Year Ended June 30, 2017 Debits Credits 12,432 9,651 Expenses Culture and Recreation Expenses General Government General Revenues Property Taxes General Revenues-Unrestricted Grants and Contributions Expenses Health and Sanitation Expenses -Interest on Long-term Debt General Revenues-Investment Earnings Expenses Public Safety Program Revenue Culture and Recreation- Charges for Services Program Revenue-Culture and Recreation Operating Grants Program Revenue -General Government -Charges for Services Program Revenue- General Government-Operating Grants Program Revenue Health and Sanitation--Charges for Services Program Revenue Public Safety Capital Grants Program Revenue- Public Safey Charges for Services Program Revenue -Public Safety Operating Grants Special Item Gain on Sale of Park Land 56,380 1,280 6,898 6,148 4924 2,038 4,075 2,530 3,226 923 5,692 70 1,278 1,387 3,553

Explanation / Answer

Change in net position is the excess of revenue over expensditure.

In the present case the Total General Revenues (A) =$63,251

Total of Governmental activities (B) =($53,402)

Operating Grants - Culture and Recreations (not considered in B above) (C) =$2,530

Change in net position (A + B + C) =$12,379.

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