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Overview of the Financial Statements <br /> <br />This discussion and analysis are intended to serve as an introduction to the City’s basic financial statements. The City’s <br />basic financial statements comprise three components: 1) government-wide financial statements, 2) fund financial <br />statements, and 3) notes to the financial statements. This report also contains other supplemental information in addition <br />to the basic financial statements themselves. <br /> <br />The basic financial statements present two different views of the City through the use of government -wide statements <br />and fund financial statements. In addition to the basic financial statement, this report contains other supplemental <br />information that will enhance the reader’s understanding of the financial condition of the City of Little Canada. <br /> <br />Figure 1 <br />Required Components of the <br />City’s Annual Financial Report <br /> <br /> <br /> <br />28