The statistical section of the Comprehensive Financial Annual Report (CAFR) gives the reader a more detailed amount of information that allows them to see how the financial statements are linked to how Alexandria stands financially. Unless stated otherwise, the statistical section includes data from the last ten fiscal years in order to provide the reader with recent, up-to-date, and accurate information. There are five categories included in the statistical section, which are:
1. The financial trends tables allow the reader to see how the financial position of Alexandria has changed over the last ten fiscal years.
2. The revenue capacity tables are there in order to help the reader be able to understand and assess Alexandria’s source revenues. …show more content…
As stated above, the statistical section provides financial information for the city from the last ten fiscal years, whereas the financial statements only provide the information for the current fiscal year. The statistical section shows the tax revenues by source for the last ten fiscal years, breaking down where the revenue came from into categories such as bank franchise taxes, communication sales taxes, and cable TV franchise license taxes. The net position table of the statistical section is broken down into two categories, governmental activities and primary government. Those two categories are then broken down into net investment in capital assets, restricted for, and unrestricted net position, showcasing the net position for the two larger categories as the total amount. The statistical section also shows in the fund balance of governmental funds table the amounts that went into unreserved, non-spendable, committed, assigned, and unassigned accounts over the last ten fiscal years. The financial statements have this information also, but it is only for the current fiscal year. The statistical section provides demographic statistics for the city of Alexandria such as population, unemployment rates, and per capita income for the last ten fiscal years. It even compares the principal taxpayers for private property and public service companies separately for the current year and then nine years ago. The statistical section provides a lot of miscellaneous statistical data about the city such as the climate, land area, economy statistics, housing information, and information about the educational facilities offered. At the end of the statistical section, a five-year summary of general revenues and expenditures is provided that breaks down the revenues, other financing sources, expenditures, and other financing uses into smaller categories
1. The financial trends tables allow the reader to see how the financial position of Alexandria has changed over the last ten fiscal years.
2. The revenue capacity tables are there in order to help the reader be able to understand and assess Alexandria’s source revenues. …show more content…
As stated above, the statistical section provides financial information for the city from the last ten fiscal years, whereas the financial statements only provide the information for the current fiscal year. The statistical section shows the tax revenues by source for the last ten fiscal years, breaking down where the revenue came from into categories such as bank franchise taxes, communication sales taxes, and cable TV franchise license taxes. The net position table of the statistical section is broken down into two categories, governmental activities and primary government. Those two categories are then broken down into net investment in capital assets, restricted for, and unrestricted net position, showcasing the net position for the two larger categories as the total amount. The statistical section also shows in the fund balance of governmental funds table the amounts that went into unreserved, non-spendable, committed, assigned, and unassigned accounts over the last ten fiscal years. The financial statements have this information also, but it is only for the current fiscal year. The statistical section provides demographic statistics for the city of Alexandria such as population, unemployment rates, and per capita income for the last ten fiscal years. It even compares the principal taxpayers for private property and public service companies separately for the current year and then nine years ago. The statistical section provides a lot of miscellaneous statistical data about the city such as the climate, land area, economy statistics, housing information, and information about the educational facilities offered. At the end of the statistical section, a five-year summary of general revenues and expenditures is provided that breaks down the revenues, other financing sources, expenditures, and other financing uses into smaller categories