The government-wide financial statements for the City of Arborland for a three-year period are presented. CITY OF ARBORLAND Statements of Net Position As of December 31 (in thousands) 2020 Business Governmental type Activities Activities Total 2019 Business Governmental type Activities Activities Total Governmental Activities 2018 Business type Activities Total Cash Assets Current assets: Investments Receivables (net) Prepaid expenses Inventories Total current assets $ 25,448 745 $ 1,920 303 $ 27,368 $ 7,531 $ 11,599 $ 19,130 $ 21,223 $ 10,859 $ 32,082 1,048 1,598 193 1,791 913 191 1,104 3,347 1,821 5,168 5,347 1,620 6,967 2,465 1,484 3,949 265 20 285 1,451 18 1,469 183 17 200 38 70 108 1,001 60 1,061 179 61 240 29,843 4,134 33,977 16,928 13,490 30,418 24,963 12,612 37,575 Capital assets: Land 2,300 3,301 5,601 3,270 1,816 Depreciable assets 38,200 25,338 63,538 44,256 17,835 5,086 62,091 1,983 33,347 1,616 3,599 16,001 49,348 Accumulated depreciation (21,039) (6,081) (27,120) (18,432) (12,776) (31,208) (22,080) (11,002) (33,082) Total capital assets (net) 19,461 22,558 42,019 29,094 6,875 35,969 13,250 6,615 19,865 Total assets 49,304 26,692 75,996 46,022 20,365 66,387 38,213 19,227 57,440 Liabilities Accounts payable 1,930 1,067 2,997 1,569 388 1,957 1,993 355 2,348 Deferred revenue 44 44 670 670 198 198 Other, current 1,766 320 2,086 2,003 202 2,205 2,209 230 2,439 Total current liabilities 3,740 1,387 5,127 4,242 590 4,832 4,400 585 4,985 Bonds payable 17,100 8,900 26,000 23,600 7,620 31,220 21,900 7,700 29,600 Total liabilities 20,840 10,287 31,127 27,842 8,210 36,052 26,300 8,285 34,585 Net Position Net investment in capital assets 22,650 10,122 32,772 13,473 8,177 21,650 6,938 4,479 11,417 Restricted for: Capital projects 260 260 163 163 Debt service Unrestricted (deficit) 945 4,609 945 1,045 1,045 6,283 10,892 3,499 3,978 7,477 142 830 4,003 142 830 6,463 10,466 Total net position $ 28,464 $16,405 $ 44,869 $ 18,180 $ 12,155 $ 30,335 $ 11,913 $ 10,942 $ 22,855