FY 2009 Popular Annual Financial Report FY 2009 Popular Annual Financial Report | Page 19

Financial Highlights Financial Trend Summary The financial data below is intended to provide a big picture overview of key financial metrics over 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. 2007 2008 Government-wide (in thousands) Assets $ 1,979,197 $ 2,212,407 Liabilities 748,392 834,605 Total Net Assets 1,230,805 1,377,802 Revenues Governmental Funds 342,327 319,271 excluding contribution from Cowboys Business Activities 94,328 107,093 Total Revenues 436,655 426,364 Expenditures/Expenses Governmental Activities 274,560 325,407 excluding capital outlay Business Activities 71,897 69,821 Capital Outlay - Cowboys Stadium 230,741 280,295 Capital Outlay - Other 48,117 57,366 Infrastructure Assets - net of accumulated depreciation Governmental Activities 283,625 264,032 Business Activities 388,133 418,417 Total Infrastructure Assets 671,758 682,449 Fund Balance General Fund Reserved 7,460 7,176 Unreserved 52,886 49,013 Debt Service Fund - reserved 34,173 50,274 Cowboy Stadium Fund - reserved 143,582 7,770 Long-term Debt Governmental Activities 230,941 311,089 Business Activities 98,562 92,724 Cowboys Stadium 304,478 304,100 TOTAL 633,981 707,913 Pension Obligation - TMRS Funded 342,866 348,785 Unfunded 123,755 220,619 Percent funded 73% 61% Retiree Benefit Obligation Funded 0 Unfunded 101,800 19 2009 $2,623,614 826,194 1,797,420 318,192 116,908 435,100 324,265 79,358 417,157 58,992 209,200 489,197 698,397 5