Audit for Fiscal Year Ending June 30, 2017
Government-Wide Financial Analysis
As stated earlier, net position may serve over time as a useful indicator of a government's financial position. The City's cash balance for governmental activities increased from a year ago, increasing from $14,105,393 to $16,279,324. The analysis that follows focuses on the changes in cash basis net position of governmental activities.
Changes in Cash Basis Net Position of Governmental Activities
For the Year Ended June 30, 2017
For the Year Ended June 30, 2016
Increase (Decrease)
Receipts:
Program receipts: Charges for services ........................................... Operating grants and contributions ..................... Capital grants and contributions ......................... General receipts: Property and other city taxes .............................. Tax increment financing ...................................... Commercial and industrial replacement ............ . Payments in lieu of tax ...................,.................... Local option sales tax ......................................... Hotel/motel tax .................................................... Use of money and property ................................. Unrestricted miscellaneous ................................. Debt proceeds ..................................................... Total receipts Disbursements: Public safety ........................................................... Public works ........................................................... Culture and recreation ............................................ Community and economic development ............... . General government .............................................. Debt service ........................................................... Capital projects ...................................................... Total disbursements
$ 119,784 (28,860) 318,138
$ 746,385 1,700,275 560,235 5,882,959 835,048 243,538 625,565 2,132,055 336,475 139,064 733,417 460,768 14,395,784 3,186,696 1,528,724 1,610,387 1,718,764 2,720,445 1,763,497 1,823,307 14,351,820
$ 626,601 1,729,135 242,097
550,491 147,804 16,984 (2,193) 119,019 (18,698) 7,572
5,332,468 687,244 226,554 627,758 2,013,036
355,173 131,492 436,088
297,329 460,768 1,988,138
12,407,646
3,010,045 1,482,858 1,516,305 1,617,387 2,295,139 1,544,948 1,385,932 12,852,614
176,651 45,866 94,082
101,377 425,306 218,549 437,375 1,499,206
Change in cash basis net position before transfers
43,964
(444,968)
488,932
Net transfers ..............................................................
2,129,967
1,347,332
782,635
Change in cash basis net position
2,173,931
902,364
1,271,567
Cash basis net position - beginning of year .............. .
14,105,393
13,203,029
902,364
Cash basis net position - end of year
$16,279.324
~14,1 05,393
~2,173,93j
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