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This part of Little Canada, Minnesota’s Comprehensive Annual Financial Report presents detailed <br />information as a context for understanding what information in the financial statements, note <br />disclosures, and required supplementary information says about City’s overall financial health. <br />Contents <br />Financial Trends <br />These schedules contain trend information to help the reader understand how the City’s financial <br />performance and well-being have changed over time. <br />Revenue Capacity <br />These schedules contain information to help the reader assess the City’s most significant local <br />revenue source, the property tax. <br />Debt Capacity <br />These schedules contain information to help the reader assess the affordability of the City’s current <br />level of outstanding debt and the City’s ability to issue additional debt in the future. <br />Demographic and Economic Information <br />These schedules offer demographic and economic indicators to help the reader understand the <br />environment within the City which the City’s financial activities take place. <br />Operating Information <br />These schedules contain service and infrastructure data to help the ready understand how the <br />information in the City’s financial report relates to services the City provides and activities it <br />performs. <br />Source: Unless otherwise noted, the information in these schedules is derived from the CAFR for <br />the relevant year. <br />109