|
Other Information. In addition to the basic financial statements and the accompanying notes, this
<br />funding its obligation to provide other post employee benefits, pension information and general fund
<br />budgetary comparisons. Required supplementary information can be found on pages 61 66 of the
<br />The combining statements referred to earlier in connection with nonmajor governmental funds and
<br />internal services funds are presented immediately following the required supplementary information.
<br />Combining and individual fund statements and supporting schedules can be found beginning on page 67
<br />Government-Wide Financial Analysis
<br />For the City, assets and deferred outflows exceed liabilities and deferred inflows by $130,394,368 as of
<br />September 30, 2016, in the primary government as follows:
<br />City's Net Position
<br />September 30, 2016 and 2015
<br />Governmental ActivitiesBusiness-Type ActivitiesTotals
<br />201620152016201520162015
<br />Assets
<br />Current and other assets$79,187,736$73,547,374$10,203,038$9,519,546$89,390,774$83,066,920
<br />83,667,76581,477,51034,619,54336,085,511118,287,308117,563,021
<br />Capital assets
<br />162,855,501155,024,88444,822,58145,605,057207,678,082200,629,941
<br />Total Assets
<br />Deferred Outflows of
<br />10,291,6314,454,6371,022,841372,82511,314,4724,827,462
<br />Resources
<br />Liabilities
<br />Other liabilities4,010,0836,059,1721,007,0361,450,7555,017,1197,509,927
<br />78,191,21473,061,9634,245,8764,293,55182,437,09077,355,514
<br />Long-term liabilities
<br />outstanding
<br />82,201,29779,121,1355,252,9125,744,30687,454,20984,865,441
<br />Total Liabilities
<br />1,033,661574,975110,31664,0761,143,977639,051
<br />Deferred Inflows of Resources
<br />Net Position:
<br />Net investment in capital
<br />assets48,367,01743,582,70434,291,66434,807,77382,658,68178,390,477
<br />Restricted17,854,93514,507,643846,4001,250,85018,701,33515,758,493
<br />23,690,22221,693,0645,344,1304,110,87729,034,35225,803,941
<br />Unrestricted
<br />$89,912,174$79,783,411$40,482,194$40,169,500$130,394,368$119,952,911
<br />Total Net Position
<br />Net Investment in Capital Assets
<br />63.4%) reflects its investment in capital assets (e.g., land,
<br />buildings, machinery, equipment, improvements, construction in progress and infrastructure), less any
<br />debt used to acquire those assets that is still outstanding. The City uses these capital assets to provide
<br />investment in its capital assets is reported net of related debt, it should be noted that the resources
<br />needed to repay this debt must be provided from other sources, since the assets themselves cannot be
<br />used to liquidate these liabilities.
<br />6
<br />
<br />
|