FY 2011 Popular Annual Financial Report FY 2011 Popular Annual Financial Report | Page 20
Financial Highlights 2011
Financial Trend Summary
The financial data below is intended to provide a big picture overview of key financial metrics for the past three years. The information below is
from selected funds and does not proport to represent all of the City’s component units. For ease of reading, this data is summarized in ways that
are not in accordance with Generally Accepted Accounting Principles (GAAP) and the notes to the financial statements are not provided. The City
of Arlington is audited annually and prepares a full GAAP-based Comprehensive Annual Financial Report (CAFR). The latest report is available to
readers on the City of Arlington web site at www.arlingtontx.gov/finance/cafr_financial_reports.html. For more information about the CAFR or
other financial reporting questions, contact the Financial and Management Resources Department at 817-459-6300.
2009 2010 2011
Government-wide
(in thousands)
Assets
$2,623,614
$2,760,496
$2,769,116
Liabilities
826,194
873,331
862,993
Total Net Assets
1,797,420
1,887,165
1,906,123
Revenues
Governmental activities excluding
318,192
336,507
332,469
Stadium Venue contributions
Enterprise Funds
116,908
117,397
133,934
Total Revenues
435,100
453,904
466,403
Expenditures/Expenses
Governmental Activities excluding
324,265
302,079
350,589
capital outlay
Enterprise Funds
79,358
77,876
86,120
Capital Outlay - Cowboys Stadium
417,157
40,754
Capital Outlay - Other
58,992
38,611
26,389
Infrastructure Assets - net of accumulated depreciation
Governmental Activities
209,200
205,264
199,965
Enterprise Funds
489,197
524,638
534,610
Total Infrastructure Assets
698,397
729,902
734,575
Fund Balance
General Fund
Nonspendable
835
1,163
1,244
Committed
500
500
1,622
Assigned
53,283
61,277
57,816
Unassigned
3,663
3,627
6,093
Debt Service Fund -restricted
48,685
58,696
38,130
Long-term Debt Outstanding
Governmental Activities
285,774
327,943
319,625
Enterprise Funds
100,407
110,120
143,256
Cowboys Stadium
302,229
297,056
262,212
TOTAL
688,410
735,119
725,093
Pension Obligation - TMRS
Funded
360,029
373,896
688,015
Unfunded
234,413
247,280
144,154
Percent funded
60.6%
60.20%
82.70%
Retiree Benefit Obligation
Funded
-
-
Unfunded
104,500
100,900
109,100
Popular Annual Financial Report for 2011
20
Accounting
Terminology
Enterprise Funds Water, Sewer
and Storm Water Utility funded by
fees charged to users
Capital Outlay Funds spent to
purchase or construct buildings,
machinery, vehicles, etc.
Fund Balance The difference
between assets and liabilities of a
fund
Government-wide The City as a
whole
Governmental Activities The City’s
basic services such as Police, Fire,
Public Works and Parks which are
mostly funded by property tax,
sales tax and franchise fees
Infrastructure Assets Stationary
assets of the City that include
streets, sidewalks, water, sewer
and drainage systems
Net Assets The difference between
assets and liabilities for the City as
a whole
TMRS Texas Municipal Retirement
System
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