Laserfiche WebLink
9L- <br />Statement of Activities —page 24 and 25 <br />■ Net change in net asset is negative $13.31VI for governmental <br />activities ; and positive $4.81VI for business type activities; for a total <br />net government -wide of negative $8.61VI change in net assets. <br />Therefore, ending net assets as of 6/30/11 was decreased by the <br />$8.61VI to $332.3M. <br />■ In comparison, for prior fiscal year 2010, the total government -wide <br />change in net assets was a negative $13M (vs negative $8.61VI for <br />FY11 as shown above). <br />■ Restatement of beginning net assets (note 17, page 86) <br />❑ To capitalize $6M of land purchased in fiscal 2009. The $6M <br />restatement is 2% of beginning net assets prior to restatement. <br />Maze & Associates, CPAs 7 <br />