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Management’s Discussion and Analysis <br /> <br /> <br /> <br />information presented for governmental activities in the government-wide financial statements. <br />By doing so, readers may better understand the long-term impact of the City's near-term financial <br />decisions. Both the governmental fund balance sheet and governmental fund statement of <br />revenues, expenditures and change in fund balance provide a reconciliation to facilitate this <br />comparison between governmental funds and governmental activities. <br /> <br />The City maintains six individual major governmental funds. Information is presented <br />separately in the governmental fund balance sheet and in the governmental fund statement of <br />revenues, expenditures and changes in fund balance for the following major funds: <br /> General Fund <br /> The Rookery Activity Center – Special Revenue Fund <br /> G.O. Improvement Bonds of 2016B – Debt Service Fund <br /> Capital Equipment Replacement – Capital Project Fund <br /> Area and Unit Trunk – Capital Project Fund <br /> MSA Construction – Capital Project Fund <br /> <br />Data from the other governmental funds are combined into a single, aggregated presentation. <br />Individual fund data for each of these nonmajor governmental funds is provided in the form of <br />combining statements elsewhere in this report. <br /> <br />The basic governmental fund financial statements are statements 3 through 5 of this report. <br /> <br />The City adopts annual appropriated budgets for the General Fund and The Rookery Activity <br />Center Fund. Budgetary comparison schedules are presented as statements 10 and 11 of this <br />report. <br /> <br />Proprietary funds. The City maintains three enterprise funds as a part of its proprietary fund <br />type. Enterprise funds are used to report the same functions presented as business-type activities <br />in the government-wide financial statements. The City uses enterprise funds to account for its <br />water, sewer, and storm water utilities. <br /> <br />The proprietary fund statements provide the same type of information as the government-wide <br />financial statements, only in more detail. The proprietary fund financial statements provide <br />separate information for the Water, Sewer, and Storm Water Funds, which are considered to be <br />major funds of the City. <br /> <br />The basic proprietary fund financial statements are statements 7 through 9 of this report. <br /> <br />Notes to the financial statements. The notes provide additional information that is essential to <br />a full understanding of the data provided in the government–wide and fund financial statements. <br />The notes to the financial statements can be found following statement 9. <br /> <br />Other information. The combining statements referred to earlier in connection with non-major <br />governmental funds are presented immediately following the required supplementary <br />information. Combining and individual fund statements and schedules are presented as <br />statements 19 through 26. <br />21 <br />Page 57 of 353