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.
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