Based on a synthesis of everything you reviewed about the city’s financial position in the previous year, what changes would you recommend for the upcoming budget?
Use the Annual Comprehensive Financial Report uploaded for Walden Heights to write a 1 page paper about the following:
Write a paper in which you include the following:
• Introduction (1–2 paragraphs)
Introduce the city of Walden Heights, including its major industries/sectors and two interesting facts about its financial condition.
• Statement of Net Position Assessment (1–2 paragraphs)
Based on your assessment of the Statement of Net Position, how would you describe the city’s solvency? Include the results of your computations.
• Statement of Activities Assessment (1 paragraph)
Based on your assessment of the Statement of Activities, create a pie chart that shows each of the functions/programs as a percentage of the total government spending. (Note: Use the information in the Primary Government section only [through the “Total Primary Government” line item]). Include the pie chart you created. What conclusions can you draw about the city’s priorities?
• Conclusion (1–2 paragraphs)
Based on a synthesis of everything you reviewed about the city’s financial position in the previous year, what changes would you recommend for the upcoming budget?
Please write in APA 7 format with in-text citations and a reference page.