20 / 118
Financial Highlights
2012/2013 2013/2014
2014/2015
2015/2016
Income
$1,012,084 $1,011,685
$827,093
$678,830
Wages
$317,502
$325,769
$336,908
$345,909
Benefits
$24,758
$24,758
$38,660
$13,664
Fiscal Year
2012/2013
2013/2014
2014/2015
2015/2016
Fuel
$107,077.93
$59,226.02
$81,886.70
$47,825.59
Communications
$24,036.69
$22,376.69
$10,749.11
$3,665.27
Administration
$59,243.16
$126,358.69
$105,768.12
$107,466.39
Operation
$65,464.26
$58,470.52
$60,321.54
$60,777.55
Vehicle R&M
$76,041.14
$45,729.20
$65,270.01
$93,999.64
Training/Testing
$39,954.28
$23,303.11
$16,310.75
$1,598.90
Capital Purchases
$115,455.19
$20,164.12
$24,961.32
$16,932.64
§
District investment in capital assets decreased by $78,194 or 9.11%.
§
The District’s net position decreased $230,825 or 32.33%
from the previous fiscal year.
§
Total revenues decreased $165,510 or 19.48%
over the previous fiscal year.
§
At the end of the current fiscal year, unrestricted net position for the Governmental activities was
$(297,247).
Overview of the Financial Statements
This discussion and analysis are intended to serve as an introduction to the District’s basic financial
statements. The District’s basic financ ial statements comprise three components: 1) government -wide
financial statements 2) fund financial statements, and 3) notes to the financial statements. This report also
contains other supplementary information in addition to the basic financial statement s themselves.
The main purpose of these statements is to provide the reader with sufficient information to assess
whether or not the District’s overall financial position has improved or deteriorated.
Government - Wide Financial Statements
The government -wide financial statements are designed to provide readers with a broad overview of the
District’s finances, in a manner similar to private -sector business.
The statement of net position presents information on all of the District’s assets and liabilities , with the
difference between the two reported as net position . Over time, increases or decreases in net position may
serve as a useful indicator of whether the financial position of the District is improving or deteriorating.
The statement of activities presents information showing how the District’s net position changed during
the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving
rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are
reported in this statement for some items that will only result in cash flows in future fiscal periods.
DRAFT