b'City of Dover Tuscarawas County, Ohio Notes to the Basic Financial Statements For the Year Ended December 31, 2018 position.The statement of changes in fund net position presents increases (i.e., revenues) and decreases (i.e., expenses)intotalnetposition.ThestatementofcashflowsprovidesinformationabouthowtheCity finances and meets the cash flow needs of its proprietary activities.Private purpose trust funds are reported using the economic resources measurement focus.Basis of AccountingBasis of accounting determines when transactions are recorded in the financial records and reported on the financialstatements.Government-widefinancialstatementsarepreparedusingtheaccrualbasisof accounting; proprietary and fiduciary funds also use the accrual basis of accounting.Governmental funds usethemodifiedaccrualbasisofaccounting. Differencesintheaccrualandmodifiedaccrualbasisof accounting arise in the recognition of revenue, the recording of deferred outflows/inflows of resources and in the presentation of expenses versus expenditures.RevenuesExchange and Nonexchange Transactions Revenue resulting from exchange transactions, in whicheachpartygivesandreceivesessentiallyequalvalue,isrecordedontheaccrualbasiswhenthe exchange takes place.On a modified accrual basis, the resources must also be available before they can be recorded as revenue.Available means that the resources will be collected within the current year or are expected to be collected soon enough thereafter to be used to pay liabilities of the current year.For the City, available means expected to be received within thirty-one days of year-end.Nonexchange transactions, in which the City receives value without directly giving equal value in return, include income taxes, property taxes, grants, entitlements and donations.On an accrual basis, revenue from income taxes is recognized in the period in which the income is earned.Revenue from property taxes is recognized in the year for which the taxes are levied (See Note 7).Revenue from grants, entitlements and donations is recognized in the year in which all eligibility requirements have been satisfied.Eligibility requirements include timing requirements, which specify the year when the resources are required to be used ortheyearwhenuseisfirstpermitted,matchingrequirements,inwhichtheCitymustprovidelocal resourcestobeusedforaspecifiedpurpose,andexpenditurerequirements,inwhichtheresourcesare provided to the City on a reimbursement basis.On the modified accrual basis, revenue from nonexchange transactions must also be available before it can be recognized.Under the modified accrual basis, the following revenue sources are considered to be both measurable and available at year-end:income tax, state-levied locally shared taxes (including gasoline tax and motor vehicle license fees), fines, interest, grants and rentals. Deferred Outflows/Inflows of ResourcesIn addition to assets, the statements of financial position will sometimes report a separate section for deferred outflows of resources.Deferred outflows of resources represent a consumption of net position that applies to a future period and will not be recognized as an outflowofresources(expense/expenditure)untilthen.FortheCity,deferredoutflowsofresourcesare reported on the government-wide statement of net position for deferred charges on refunding, pension and OPEB.A deferred charge on refunding results from the difference in the carrying value of refunded debt and its reacquisition price.This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt.The deferred outflows of resources related to pension and OPEB plans are explained in Notes 15 and 16.- 34 35 -'