Choice "C" is correct. Government-wide financial statements are presented on the accrual basis of accounting similar to commercial enterprises. Property taxes are recognized net, regardless of the basis of accounting. Property tax revenues would be recorded (for purposes of the accrual based government-wide financial statements) when earned:

While the governmental financial statement would consider availability, the government-wide statement would not. Collection data provided in the fact pattern is not relevant.Choice "d" is incorrect. The proposed answer assumes a 10% allowance.Choice "a" is incorrect. The proposed solution anticipates recognition of all revenues net of write-offs. Tax revenues are recognized net of allowance, not write-offs.Choice "b" is incorrect. The proposed answer assumes recognition of gross tax revenues before allowance. Tax revenues are recognized net of allowance, regardless of the basis of accounting.