Answer:
Fund balance at ending of year is $3,230,000. 
Explanation:
This can be prepared as follows:
Jasmin City
General Fund
Statement of Revenues, Expenditures, And Changes in Fund Balance
For the Year Ended December 31, 2019
<u>Details                                                               $                       $              </u>
<u>Revenues:</u>
Miscellaneous revenues                          180,000 
Licenses and permits revenues           1,000,000
Property tax revenues                          7,000,000 
State and federal grants                    <u>   2,000,000   </u>
Total revenues                                                                      10,180,00
<u>Expenditures:</u>
Education program expenditures      (2,000,000)
Public safety expenditures                 (4,000,000)
Parks program expenditures                 (750,000) 
Highways program expenditures    <u>      (900,000)  </u>
Total expenditures                                                           <u>   (7,650,000)  </u>
Excess of revenues over exp.                                             2,530,000
<u>Other Financing Sources (Uses):</u>
Transfers to other funds                     (1,500,000)
Transfers from other funds                <u>   700,000  </u>
Total other financing sources (uses)                                  <u>    800,000  </u>
Net change in fund balance                                                 1,730,000
Fund balance at beginning of year                                    <u>  1,500,000  </u>
Fund balance at ending of year                                      <u>   3,230,000 </u><u> </u>