FY 2020 Popular Annual Financial Report FY 2020 Popular Annual Financial Report | Page 20

Popular Annual Financial Report

Financial Highlights 2020

Financial Trend Summary
The financial data shown below is intended to provide a big picture overview of key financial metrics for the past three years . This information is from selected funds and does not purport to represent all of the City ’ s component units . For ease of reading , this data is summarized in ways 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 , available online at www . ArlingtonTX . gov on the Financial Reports page . For more information about the Comprehensive Annual Financial Report or other financial reporting questions , contact the Finance Department at 817-459-6300 .
Major Employers 2020
• Arlington ISD
• UT Arlington
• General Motors Co .
• Texas Health Resources
• Six Flags Over Texas
• The Parks at Arlington
• GM Financial
Major Taxpayers 2020
4.0 % of the City ’ s assessed value :
• General Motors
• Oncor Electric Delivery
• Arlington Highlands , LLP
• The Parks at Arlington
• Hart Arlington TX , LLC
• Forest Ridge LP / S2 Manchester / Valencia , LLC
• Six Flags Fund II , Ltd
• Bedrock Holdings II
2020
2019
2018
All Funds ( in thousands ) Assets and Deferred Outflows
$ 4,883,098
$ 4,337,169
$ 3,703,174
Liabilities and Deferred Inflows
2,112,331
1,956,500
1,772,419
Net Position
$ 2,770,764
$ 2,380,669
$ 1,930,755
Revenues Governmental Activities
$ 798,944
$ 836,924
$ 401,769
Business-type Activities
189,763
182,857
178,992
Total
$ 988,707
$ 1,019,781
$ 580,761
Expenses Governmental Activities
$ 472,055
$ 450,391
$ 466,894
Business-type Activities
126,554
119,752
115,122
Total
$ 598,609
$ 570,143
$ 582,016
Infrastructure Assets - net of depreciation Governmental Activities
$ 317,810
$ 300,901
$ 239,139
Business-type Activities
751,538
726,120
669,010
Total
$ 1,069,348
$ 1,027,021
$ 908,149
Fund Balance General Fund
Nonspendable
$ 2,165
$ 1,587
$ 1,259
Committed
-
-
-
Assigned
57,207
62,442
61,591
Unassigned
11,238
1,869
3,456
Debt Service Fund - restricted
$ 63,286
$ 55,976
$ 41,237
Long-term Debt Outstanding Governmental Activities
$ 646,151
$ 451,358
$ 428,264
Business-type Activities
355,879
372,042
273,272
Special Purpose
616,494
622,408
625,932
Total
$ 1,618,524
$ 1,445,808
$ 1,327,468
Pension Liability - TMRS Funded
$ 1,176,741
$ 1,033,828
$ 1,081,094
Unfunded
140,590
215,769
108,243
Percent Funded
89.33 %
82.73 %
90.90 %
Other Post Employment Benefit Liability Liability
$ 115,630
$ 111,705
$ 112,748
20