Analyze the Government-Wide Financial Statements by addressing the following topics:

Statement of Net Position:

Write a statement in clear terms explaining to an uninformed citizen what these financial statements are describing.

Identify the amounts for Total Assets and Total Liabilities for governmental activities and business-type activities and describe what these columns represent.

Describe how the Net Position is calculated and what it represents. Identify any restrictions on Net Position and indicate the dollar amount. What is the restriction on these funds (if applicable)? Do you feel this report adequately describes what the restriction/s on Net Position is? Why or why not?

What is a component unit and where can you find this information in the financial statements?

Does your entity have any component units? How do you know? List and describe any component units that are blended and/or discretely presented. Describe the difference in each presentation method. If your entity does not have any component units, answer these questions in general, as opposed to identifying specific component units for your government.

What is something that a user of the financial statements should look at? Does this statement provide any indication on whether the government is sustainable long-term? Why or why not?

+ DEFERRED INFLOWS OF RESOLRCES \begin{tabular}{llll} Deferred inflows of resources related to pensions & 2,193,069 & - & 2,193,069 \\ Deferred inflows of resources related to OPEB & 1,406,583 & - & 1,406,583 \\ Deferred inflows of resources related to leases & 3,230,993 & 3,230,993 \\ \hline Total Deferred Inflows of Resources & 6,830,645 \\ \cline { 2 - 4 } \end{tabular} NET POSITON Net investment in capital assets Restricted for: DEFERRED INFLOWS OF RESOLRCES \begin{tabular}{llll} Deferred inflows of resources related to pensions & 2,193,069 & - & 2,193,069 \\ Deferred inflows of resources related to OPEB & 1,406,583 & - & 1,406,583 \\ Deferred inflows of resources related to leases & 3,230,993 & 3,230,993 \\ \hline Total Deferred Inflows of Resources & 6,830,645 \\ \cline { 2 - 4 } \end{tabular} NET POSITON Net investment in capital assets Restricted for