$5)$ In the textbook, we learned the total net position is the difference between assets and liabilities. According to the Statement of Net Position, what is the total net position $($deficit$),$ and what does the number suggest $$ larger assets than liabilities or vice versa? NET POSITION $($DEFICIT$)$

Net investment in capital assets $1,048,2664,209,697(688,333)4,569,6304$

Restricted for:

Capital projects $707,036597,8681,304,904$

Debt service $218,414809,0371,027,451$

Housing programs $585,646585,646$

Fire and Rescue $59,76659,766$

Transportation $77,35877,358$

Public Library $23,43923,439$

Community and Social Development $17,33017,330$

Environmentally Endangered Lands $24,27324,273$

Stormwater Utility $50,99350,993$

Other purposes $($expendable$)277,615244,795522,4101,63419,355$

Other purposes $($nonexpendable$)3,2603,260$

Unrestricted $($deficit$)(5,106,150)(139,584)688,333(4,557,401)36,5664,042$

Total net position $($deficit$)$ $ $(2,012,754)$ $ $5,721,813$ $ $3,709,059$ $ $38,204$ $ $23,397$