Financial Report

Summary

The City of Beaverton's financial report for the fiscal year ending June 30, 2023, presents the city's financial position, including its net position, revenues, expenses, and changes in fund balances. The report highlights the city's financial activities, such as government-wide and fund financial statements, and provides information on the city's capital assets, long-term debt, and economic conditions. The city's net position increased by $1,503,498 during the fiscal year, with a total net position of $8,722,234. The report also includes information on the city's funds, such as the General Fund, Major Streets Fund, and Local Streets Fund, as well as the city's proprietary funds, including the Hydroelectric Fund, Sewer Fund, Water Fund, and Rubbish Fund.

Details

Subject

Financial Report

Summary

The City of Beaverton's financial report for the fiscal year ending June 30, 2023, presents the city's financial position, including its net position, revenues, expenses, and changes in fund balances. The report highlights the city's financial activities, such as government-wide and fund financial statements, and provides information on the city's capital assets, long-term debt, and economic conditions. The city's net position increased by $1,503,498 during the fiscal year, with a total net position of $8,722,234. The report also includes information on the city's funds, such as the General Fund, Major Streets Fund, and Local Streets Fund, as well as the city's proprietary funds, including the Hydroelectric Fund, Sewer Fund, Water Fund, and Rubbish Fund.

Report Date

2023-06-30

Report Type

financial

Report Title

Financial Report

Authoring Body

City of Beaverton

Reporting Period

Fiscal Year 2023