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o Proprietary fund statements offer short-term and long-term financial information about <br /> the activities the government operates like businesses, such as utilities. <br /> The basic financial statements also include Notes to the Financial Statements that explain some <br /> of the information in the financial statements and provide more detailed data. The basic <br /> financial statements are followed by a section of required supplementary information that further <br /> explains and supports the information in the financial statements. Figure 1 shows how the <br /> individual sections of this annual report are arranged and related to one another. <br /> Figure 2 summarizes the major features of the City's financial statements, including the portion <br /> of the City government they cover and the types of information they contain. The remainder of <br /> this overview section of management's discussion and analysis explains the structure and <br /> contents of each of the statements. <br /> Figure 1 <br /> Management's Discussion Management's <br /> Discussion and <br /> and Analysis Analysis <br /> Government-Wide Fund Financial Statements <br /> Financial Statements - Governmental Funds <br /> -Governmental Activities r -Proprietary Funds <br /> -Business-type Activities Basic Financial <br /> Major funds shown separately Statements <br /> No internal service funds <br /> Notes to the Financial Statements <br /> J <br /> Required Supplementary Required <br /> Information: Supplementary <br /> -Budgetary Comparison Schedules Information <br /> Other Information: <br /> -Combining statements for nonmajor <br /> governmental funds <br /> -Combining statements for internal <br /> service funds <br /> 12 <br />