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The enterprise funds, all of which are considered to be major funds of the City, are reported separately as proprietary <br />fund financial statements in the basic financial statements. Conversely, all internal service funds are combined into a <br />single, aggregated presentation in the proprietary fund financial statements. Individual fund data for the internal service <br />funds is provided as other supplementary information in the form of combining statements at G-1, G-2, and G-3. <br />The City adopts an annual appropriated budget for all proprietary funds. To demonstrate compliance with the budget, <br />budgetary comparison statements have been provided for the enterprise funds as other supplementary information at <br />F-1 through F-5. Budgetary comparisons for the internal service funds are provided as other supplementary information <br />at G-4 through G-8. The proprietary fund financial statements can be found at Exhibits 6, 7, and 8 in the basic financial <br />statements. <br />Notes to the basic financial statements. <br /> The notes provide additional information that is essential for a full <br />understanding of the data provided in the government-wide and fund financial statements. They are an integral part of <br />the financial statements and should be read in conjunction with them. <br />Required supplementary information. <br /> In addition to the basic financial statements and accompanying notes, this <br />report also presents certain required supplementary information concerning budgetary comparisons for the General <br />Fund and Community Development Fund, information about the City’s progress in funding its obligation to provide <br />pension and other post-employment benefits to its employees, and the budget to GAAP reconciliation schedule. <br />Other supplementary information <br />. The combining statements and schedules referred to earlier and the schedule of <br />bonded debt transactions follow the required supplementary information in this report. <br />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 $775.1 million at the close <br />of the fiscal year ending June 30, 2016, a decrease of $23.5 million. <br />City of Eugene's Net Position <br />Governmental ActivitiesBusiness-type ActivitiesTotal <br />201620152016201520162015 <br />Capital assets$430,260,782432,274,656251,116,579245,767,377681,377,361678,042,033 <br />Other assets263,714,528261,400,08636,710,01945,807,263300,424,547307,207,349 <br />Deferred outflows15,319,7769,762,2623,607,9952,336,19418,927,77112,098,456 <br />Total assets and <br /> deferred outflows 709,295,086703,437,004291,434,593293,910,8341,000,729,679997,347,838 <br />Noncurrent liabilities130,044,90375,640,89424,390,96110,325,085154,435,86485,965,979 <br />Other liabilities44,161,69844,929,7477,347,6257,973,45051,509,32352,903,197 <br />Deferred inflows15,972,03948,323,8883,761,61211,564,32419,733,65159,888,212 <br />Total liabilities and <br /> deferred inflows190,178,640168,894,52935,500,19829,862,859225,678,838198,757,388 <br />Net position: <br /> Net investment in <br /> capital assets410,543,209412,174,294251,116,579245,767,377661,659,788657,941,671 <br /> Restricted82,996,07278,549,6927,675,14111,391,05190,671,21389,940,743 <br /> Unrestricted25,577,16543,818,489(2,857,325)6,889,54722,719,84050,708,036 <br /> Total net position$519,116,446534,542,475255,934,395264,047,975775,050,841798,590,450 <br />The largest portion of the City’s net position, $661.7 million, is its investment in capital assets. The City’s investment in <br />capital assets is reported net of related debt. Capital assets do not represent readily available resources to be used for <br />ongoing operations or to liquidate existing liabilities. <br />17 <br />