Reference no: EM133037942
Question - The balance on the general fund balance sheet is $1,000,000, with the following details:
Inventory of Supplies is $10,000.
The amount advanced to the capital project fund, due in 3 years, is $100,000.
Encumbrances outstanding for general supplies are $5,000.
Investments of $50,000 are specified by a grant for police training.
The governing body approved $200,000 for park expansion.
The city manager plans to use $40,000 to extend sidewalks to the park.
Per bond covenants, $30,000 is maintained in a separate cash account.
Required - What is the restricted amount?
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