12 13 Fin Statement

Summary

The City of Abernathy's financial report for the fiscal year ended September 30, 2013, shows a net position increase of 5% for governmental activities and 1% for business-type activities. The report highlights the city's financial performance, including revenues, expenses, and capital assets. The city's total revenues were $2,604,665, with a significant portion coming from water and sewer operations. The total cost of all programs and services was $2,394,729, with 30% of these costs attributed to business-type activities.

Details

Subject

Financial Report

Summary

The City of Abernathy's financial report for the fiscal year ended September 30, 2013, shows a net position increase of 5% for governmental activities and 1% for business-type activities. The report highlights the city's financial performance, including revenues, expenses, and capital assets. The city's total revenues were $2,604,665, with a significant portion coming from water and sewer operations. The total cost of all programs and services was $2,394,729, with 30% of these costs attributed to business-type activities.

Report Date

2013-09-30

Report Type

annual

Report Title

Annual Financial Report

Authoring Body

City of Abernathy

Reporting Period

Fiscal Year 2013