Some changes but in general the reduction in assets is primarily due to a reduction in liabilities did use some of the fund balance as well. Expenditures significantly below what was budgeted. All is detailed and broken down by function. Detail provided for fixed assets. Broken down by different functions of the City.
Statistical information is required and is shown.
Ms. Walsh asked what were the areas that the City needed to improve on or where we hadn t met the standards on. Mr. Finney stated there was significant improvement made this year. Previously had a number of significant issues which has now been corrected. Recommended this year that now they should have more meaningful financial information on a regular basis. That s the biggest recommendation.