11 12 Fin Statement

Summary

The City of Abernathy's annual financial report for the fiscal year ended September 30, 2012, presents the city's financial activities and position. The report includes the city's basic financial statements, such as the statement of net assets and the statement of activities, as well as supplementary information like budgetary comparison schedules. The city's net assets increased by 10% during the year, with governmental activities increasing by 12% and business-type activities increasing by 8%. The city's total revenues were $2,634,530, with a significant portion coming from water and sewer operations. The total cost of all programs and services was $1,997,638, with 33% of these costs being for business-type activities.

Details

Subject

Annual Financial Report

Summary

The City of Abernathy's annual financial report for the fiscal year ended September 30, 2012, presents the city's financial activities and position. The report includes the city's basic financial statements, such as the statement of net assets and the statement of activities, as well as supplementary information like budgetary comparison schedules. The city's net assets increased by 10% during the year, with governmental activities increasing by 12% and business-type activities increasing by 8%. The city's total revenues were $2,634,530, with a significant portion coming from water and sewer operations. The total cost of all programs and services was $1,997,638, with 33% of these costs being for business-type activities.

Report Date

2012-09-30

Report Type

annual

Report Title

Annual Financial Report

Authoring Body

City of Abernathy

Reporting Period

Fiscal Year 2012