I am working on a Harvey Case Study for my Governmental and Nonprofit class and have a question regarding budgetary entries specifically dealing with Capital Projects Funds.

The first part of the question has got me thinking.
1.) The cvity approved a major capital improvemnet project to construct a recreational facility. The project will be financed by a bond issue of $1,500,000, transfers from the General Fund of 500,000, and a contribution from the county of $300,000. Record the budget assuming these amounts were adopted for 20X4.

Now i understand that i am going to make my budgeted entry for Estimated Revenues as:

Estimated Other Financing Sources -- Bonds $1,500,000
Estimated Other Financing Sources -- Transfers in $500,000
Estimated Revenues -- Grants $300,000

Now where I am possibly over thinking the issue is we do not have any appropriations listed is it safe to assume that the government agency setting up this fund budgeted revenues based on estimated capital outlay expenditures and that appropriations should be credited for $2,300,000 or is that a dangerous assumption to make and i should just credit unreserved fund for the $2,300,000.