STATISTICAL SECTION

This part of the City of Fayetteville’s comprehensive financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City’s overall financial health.

These contain service and infrastructure data to help the reader understand how the information in the City’s financial report relates to the services the City provides and the activities it performs.

Sources: Unless otherwise noted, the information in these schedules is derived from the comprehensive financial reports for the relevant year. The City implemented GASB Statement 34 for the year ended July 31, 2003; schedules presenting financial information include information beginning in that year.

CITY OF FAYETTEVILLE, GEORGIA

NET POSITION BY COMPONENT LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING)

(1) The City has retroactively reported major general infrastructure assets as allowed by provisions of GASB Statement No. 34 in fiscal year 2006.

CITY OF FAYETTEVILLE, GEORGIA

LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING)

CITY OF FAYETTEVILLE, GEORGIA

CHANGES IN NET POSITION LAST TEN FISCAL YEARS

(ACCRUAL BASIS OF ACCOUNTING)

(1) The net effect of various public works sales, trade-ins and donations of capital assets.

(2) Depreciation expense has been recorded in fiscal year 2006 due to GASB Statement 34 (retroactively reporting of major general infrastructure assets).

(3) Reclassification of impact fees (program revenues) from public works to housing and development.

(4) Multiple transportation and sidewalk construction projects.

(5) State of Georgia Local Assistance Road Program (LARP) for street maintenance.

(6) Decrease in residential and commercial building; therefore, decrease in impact fees collected.

(7) Business-activities did not receive any contribution of infrastructure during fiscal year 2008.

(8) Drastic decrease in interest rates due to the current economic recession.

(9) Reallocation of public works salaries and benefits to stormwater program.

(10) Increase in sewer rates.

(11) Special Purpose Local Option Sales Taxes were reclassified to intergovernmental revenues.

(12) Public Safety SAFER grant received by the City.

(13) Renewed contractual services through RFP and bid process, resulting in lower cost.

(14) One time payment for prior years rent owed on downtown tower.

(15) Veterans Memorial Park Fund opened.