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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.
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.
CITY OF FAYETTEVILLE, GEORGIA
NET POSITION BY COMPONENT LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING)
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)
(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.
(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.