... accrual accounting for debt, including accrual of interest and amortization of debt discount and premium. Colleges often issue tuition discounts and other forms of financial aid. Some of this ... liabilities and fund balances $2,148,640 $1,621,230CITY OF SHENANDOAHStatement of Revenues, Expenditures and Changesin Fund Balances Governmental Funds For the Year Ended December 31, 2012 Total Governmental ... most PTA organizations and booster clubs. Public colleges and universities often have extensive capital assets, including infrastructure. Included are land, buildings for academic and auxiliary...