18 19 FIn Statement

Summary

The City of Abernathy's net position increased by 1% to $7,344,705 as of September 30, 2019. The City's governmental activities reported a net position increase of 2%, while business-type activities reported a decrease of 1%. The City's total revenues were $2,513,550, with 40% coming from water and sewer operations. The total cost of all programs and services was $2,467,064, with 32% attributed to business-type activities.

Details

Subject

City of Abernathy's Financial Performance

Summary

The City of Abernathy's net position increased by 1% to $7,344,705 as of September 30, 2019. The City's governmental activities reported a net position increase of 2%, while business-type activities reported a decrease of 1%. The City's total revenues were $2,513,550, with 40% coming from water and sewer operations. The total cost of all programs and services was $2,467,064, with 32% attributed to business-type activities.

Report Date

2020-02-25

Report Type

annual

Report Title

Annual Financial Report

Authoring Body

City of Abernathy

Reporting Period

Fiscal Year 2019