City of Port St . Lucie Community Redevelopment Agency Management ' s Discussion and Analysis For the Year Ended September 30 , 2021
Both the Statement of Net Position and the Statement of Activities divide the functions of the CRA that are principally supported by taxes and intergovernmental revenues ( Governmental Activities ). The Governmental Activities of the CRA are mainly economic environment activities .
Government-Wide Financial Statement Analysis
The following tables , graphs , and analysis discuss the financial position and changes to the financial position for the CRA as of the year ended September 30 , 2021 .
Net Position . As noted above , net position may serve over time as a useful indicator of a government ' s financial position . The CRA ' s net position , the amount by which assets plus deferred outflows of resources exceeded liabilities plus deferred inflows of resources , was $( 0.9 ) million at the close of the fiscal year .
City of Port St . Lucie Community Redevelopment Agency Net Position as of September 30 , ( in Millions )
2021 2020
Assets : Current and other assets |
$ |
0.1 |
$ |
0.3 |
Capital assets |
|
24.9 |
|
26.9 |
Total assets |
|
25.0 |
|
27.2 |
Deferred outflows |
0.2 |
- |
Liabilities : |
|
|
Other liabilities |
|
0.3 |
|
0.5 |
Long-term liabilities outstanding |
|
25.8 |
|
30.1 |
Total liabilities |
|
26.1 |
|
30.6 |
Net position : Net investment in capital assets |
|
( 0.7 ) |
|
( 3.2 ) |
Restricted |
|
0.1 |
|
0.2 |
Unrestricted |
|
( 0.3 ) |
|
( 0.4 ) |
Total net position |
$ |
( 0.9 ) |
$ |
( 3.4 ) |
2