Question
Statement of Net Position Assessment Based on Statement of Net Position, how is the city's solvency? Include the results of computations. Statement of Activities Assessment
- Statement of Net Position Assessment
Based on Statement of Net Position, how is the city's solvency? Include the results of computations.
- Statement of Activities Assessment
Based assessment of the Statement of Activities, how will a pie chart that shows each of the functions/programs as a percentage of the total government spending. (Note: Use the information in the Primary Government section only [through the "Total Primary Government" line item]). Include the pie chart you created. What are the conclusions about the city's priorities?
Based on a synthesis of everything about the city's financial position in the previous year, what changes would be recommend for the upcoming budget?
ASSETS Current assets Cash and cash equivalents Restricted Assets Cash and cash equivalents Receivables (net) Accounts Taxes Fines Intergovernmental Inventory Pre-paid items Internal balances Total Current Assets Noncurrent assets Capital Assets Non-depreciable Depreciable (net) Total noncurrent Assets Total Assets pension Deferred charges on refunding Total deferred outflows of resources LIABILITIES Current liabilities Payables Accounts STATEMENT OF NET POSITION December 31, 202W Intergovernmental Deposits Interest Governmental Activities 4,744,584 0 4,251 175,427 48,522 28,275 0 DEFERRED OUTFLOWS of RESOURCES Deferred outflows 386,057 of resources - 42,669 (109,839) 4,933,889 2,241,614 5,867,569 8,109,183 13,043,072 0 386,057 Primary Government 107,858 6,981 1,111 0 Business-type Activities 4,813,808 378,077 801,507 0 0 0 142,541 192,782 (109,839) 6,218,876 313,085 30,819,056 31,132,141 37,351,017 367,195 2,621,577 2,988,772 50,388 3,519 0 104 7 Total 9,558,392 378,077 805,759 175,427 48,522 28,275 142,541 235,451 0 11,372,444 5,372,471 36,686,626 42,059,097 53,431,541 753,253 2,621,577 3,374,830 158,247 10,500 1,111 104 Component Units Downtown Development Authority 368,708 0 ooc 0 0 0 0 0 2,924 0 371,632 0 0 0 371,632 36,374 0 36,374 5,445 000
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