Financial Condition

Government-wide Financial Statements

Statement of Net Position

For the fiscal year ending in 2017, Total revenue for all funds equaled $43.71 million. The majority of revenue came from governmental funds at 82%. The largest source of governmental revenue came from general funds.

Statement of Activities 

For the fiscal year ending in 2017, Total expenditures for all funds equaled $31.91 million. The majority of expenses came from governmental funds at 80%. The largest source of governmental expenditures came from general funds.

Fund Financial Statements

Summary

For the fiscal year ending in 2017, unrestricted net position accounted for a majority of the fund balance for all funds. The city began the year with $2.7 million and ended with $8.3 Million.

Fund Balances

Net Position

Assets v.s Liabilities

Revenue v.s Expenses

Statement of Cash Flows

General Fund – Budget and Actual

Notes to Financial Statements

Long-Term Debt Outstanding

Capital Assets