14 15 Fin Statement

Summary

The City of Abernathy's annual financial report for the fiscal year ended September 30, 2015, presents the city's financial performance and position. The report includes financial statements, such as the statement of net position and the statement of activities, which provide information about the city's assets, liabilities, revenues, and expenses. The city's net position increased by 20% due to the transfer of assets from the airport fund to the general fund. The report also includes information about the city's funds, such as the general fund and the water and sewer fund, and provides details about the city's capital assets, long-term debt, and pension plan.

Details

Subject

Annual Financial Report

Summary

The City of Abernathy's annual financial report for the fiscal year ended September 30, 2015, presents the city's financial performance and position. The report includes financial statements, such as the statement of net position and the statement of activities, which provide information about the city's assets, liabilities, revenues, and expenses. The city's net position increased by 20% due to the transfer of assets from the airport fund to the general fund. The report also includes information about the city's funds, such as the general fund and the water and sewer fund, and provides details about the city's capital assets, long-term debt, and pension plan.

Report Date

2015-09-30

Report Type

annual

Report Title

Annual Financial Report

Authoring Body

City of Abernathy

Reporting Period

Fiscal Year 2015