FY 2012 Popular Annual Financial Report FY 2012 Popular Annual Financial Report | Page 20
Financial
Highlights 2012
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.
2012
(in thousands)
2,773,684
844,061
1,929,623
2011
2010
2,769,116
862,993
1,906,123
2,760,496
873,331
1,887,165
339,405
332,469
336,507
125,255
464,660
133,934
466,403
117,397
453,904
328,568
350,589
302,079
89,286
32,262
86,120
26,389
77,876
40,754
38,611
199,965
534,610
734,575
205,264
524,638
729,902
1,268
500
61,729
39,162
1,244
1,622
57,816
6,093
38,130
1,163
500
61,277
3,627
58,696
Long-term Debt Outstanding
Governmental activities
Enterprise funds
Cowboy Stadium
Total Debt
322,592
149,418
246,907
718,917
319,625
143,256
262,212
725,093
327,943
110,120
297,056
735,119
Retiree Benefit Obligation
Funded
Unfunded
147,700
109,100
100,900
Pension Obligation - TMRS
Funded
Unfunded
Percent funded
736,849
131,656
84.80%
688,015
144,154
82.70%
373,896
247,280
60.20%
Government-wide
Assets
Liabilities
Net Assets
Revenues
Governmental funds excluding
Stadium Venue contributions
Enterprise funds
Total
Major Employers 2012
• Arlington ISD
• UT-Arlington
• Six Flags over Texas
• The Parks at Arlington
Infrastructure Assets - net of accumulated depreciation
Governmental activities
208,154
Enterprise funds
537,005
Total Infrastructure Assets
745,159
Fund Balance
General Fund
Nonspendable
Committed
Assigned
Unassigned
Debt Service Fund -restricted
• General Motors
• City of Arlington
Major Taxpayers
4.1 % of the City’s assessed value:
• General Motors
• Oncor Electric Delivery
• The Parks Mall at Arlington
• Chesapeake Operating
• Arlington Highlands
20
Expenditures/Expenses
Governmental activities excluding
capital outlay
Enterprise funds
Capital outlay -Cowboy Stadium
Capital outlay - other
Focus on Priorities