FY 2010 Popular Annual Financial Report FY 2010 Popular Annual Financial Report | Page 4

Message from the City Manager Dear Arlington Residents: critical community priorities. Throughout the year, the city’s solid fiscal management principles helped us to continue to focus on providing a solid comprehensive budget for 2010. I am pleased to present the City of Arlington’s Popular Annual Financial Summary. In this report, we summarize our city’s financial operations and highlight the service delivery strategies that helped to shape Arlington during the fiscal year that ended September 30, 2010. This report is part of our continuing efforts at open government that enhance the level of fiscal accountability with our residents. Although this report provides a condensed and simplified analysis of our revenues and expenses, it is designed to help you understand how Arlington’s government works. This report highlights some of our city’s most significant accomplishments in 2010 with financial forecasts and anticipated challenges for 2011 and beyond. The 2010 budget was presented at a time of unprecedented financial uncertainty. The challenges of preparing and submitting a comprehensive balanced budget designed to meet community priorities was a formidable challenge. We looked for opportunities to restructure and realign our services, make the ‘right’ investments, seek part