The accompanying Statement of Revenues, Expenditures and Changes in Fund Balance and Balance Sheet were prepared using the modified accrual basis of accounting, whereby revenues are reported when they become both measurable and available to finance expenditures of the current period. Expenditures are recognized when the fund liability has been incurred; that is, they will be paid Game Fund 2018-2019 Revenue Fiscal Year End June 30, 2019 FEBRUARY 2020 43