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Government-wide Financial Analysis
<br />Net position may serve over time as a useful indicator of a government’s financial health. In the case of the City, assets
<br />and deferred outflows of resources exceeded liabilities and deferred inflows of resources by $798.6 million at the close
<br />of the fiscal year ending June 30, 2015, a decrease of $52.3 million.
<br />City of Eugene's Net Position
<br />Governmental ActivitiesBusiness-type ActivitiesTotal
<br />201520142015201420152014
<br />Capital assets$432,274,656435,945,705245,767,377242,024,310678,042,033677,970,015
<br />Other assets and
<br /> deferred outflows271,162,348272,512,46548,143,45746,125,924319,305,805318,638,389
<br />Total assets and
<br /> deferred outflows 703,437,004708,458,170293,910,834288,150,234997,347,838996,608,404
<br />Noncurrent liabilities75,640,89495,873,46010,325,08529,51885,965,97995,902,978
<br />Other liabilities and
<br /> deferred inflows93,253,63543,743,92319,537,7746,082,855112,791,40949,826,778
<br />Total liabilities and
<br /> deferred inflows168,894,529139,617,38329,862,8596,112,373198,757,388145,729,756
<br />Net position:
<br /> Net investment in
<br /> capital assets412,174,294405,556,459245,767,377242,024,310657,941,671647,580,769
<br /> Restricted78,549,69281,004,46111,391,05113,220,65089,940,74394,225,111
<br /> Unrestricted43,818,48982,279,8676,889,54726,792,90150,708,036109,072,768
<br /> Total net position$534,542,475568,840,787264,047,975282,037,861798,590,450850,878,648
<br />The largest portion of the City’s net position, $657.9 million, is its investment in capital assets. The City’s investment in
<br />capital assets is reported net of related debt. While an asset to the City, capital assets do not represent readily
<br />available resources to be used for ongoing operations or to liquidate existing liabilities.
<br />The remaining portion of the City’s net position consists of restricted and unrestricted resources. The restricted portion
<br />of the City’s net position is $89.9 million (11.2%) which represents resources that are subject to external restrictions as
<br />to how they may be used. This category decreased $4.3 million in the fiscal year ending June 30, 2015. The City’s
<br />unrestricted portion of net position is $50.7 million, which is split $43.8 million and $6.9 million for the City’s
<br />governmental and business-type activities, respectively. This category decreased $58.4 million (-46.4%) in the current
<br />fiscal year as a result of applying the new pension accounting rules.
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