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Financial Highlights
Key financial highlights for the 2020-2021 fiscal year is as follows:
Total net position is $565,366,031, which represents a 1.25 percent decrease from the 2019- 2020 fiscal year.
General revenues total $774,530,778, or 86.5 percent of all revenues. Program specific revenues in the form of charges for services, operating grants and contributions, and capital grants and contributions total $121,095,478 or 13.5 percent of all revenues.
Expenses total $902,757,945; only $121,095,478 of these expenses were offset by program revenues, with the remainder paid from general revenues. Total expenses exceed total revenues by
$7,131,689.
The total combined assigned and unassigned fund balance of the General Fund, representing the fund balance that is spendable and not restricted, totals $87,082,709 at June 30, 2021, or 13.96 percent of total General Fund expenditures. The unassigned fund balance totals $32,921,820 which represents 5.28 percent of total General Fund expenditures.
The assets and deferred outflows of the District exceeded its liabilities and deferred inflows at June 30, 2021, by $565,366,031.
The Business-type activities had total expenditures and loss from disposition of assets of
$7,983,643 which exceed total expenses by $9,367.