Agenda - 06-07-1982 - Laserfiche WebLink

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(3) Schedules. The Financial Section " (a) Schedules necessary to demonstrate "Pyramid" compliance with finance-related legal viewed financial"reporting pyramid"the CAFR may be and contractual provisions. P g Pere go o (Illustration 1n The governmental unit need gq only as far down (b) Schedules to present information the reporting pyramid-4n terms of increasing levels spread throughout the statements of detail--as necessary to report the financial posi- tion be and operating results of its individual funds shown in greater detail (e g taxes and account groups, to demonstrate compliance receivable, including delinquent tax- with finance-related legal and contractual require- es; long-term debt; investmen delinquent and ments, and to assure adequate disclosure at the in. cash receipts, disbursements, and dividual fund entity level.. Those statements and schedules necessary for these purposes are-re- . _ quired;others are optionaL balances). re- balances). (c) Schedules to present quired;others are optianaL for information reported in the state- The levels of the pyramid are: meets (e.g., additional revenue (1) General Purpose Financial Starts(Com- sources detail and object of expendi- bleed Statements • Gaeruiew),The basic ft. tare data by departments),, nancial statements provide a summary over- (Narrative explanations useful in under• view of the financial position of all funds and standing combining and individual fund and account . They and of the operating results of account group statements and schedules all funds. They also serve as an introduction that are not included in the notes to the II- ul the more detailed Separate col nts and ached.. nanclal statements should be presented on uses that fchou type and account goulp be divider pages, directly on the statements used for each fund type and account group and schedules,or directly a separate section,) (2) Combining Statements-By Fund Type. 3. Statistical Tables Where a governmental unit has more than (See listing on page 24.) one fund of a given type leg.,Special Reve- nue Funds), combining statements for all ILLUSTRATION 1 The Financial Reporting "Pyramid" CONDENSED SUMMARY DATA • THE GENERAL PURPOSE -----.�_�• COMPREHENSIVE FINANCIAL STATEMENTS ANNUAL (COMBINED GENERAL FINANCIAL STATEMENTS- PURPOSE REPORT OVERVIEW) FINANCIAL (1) STATEMENTS COMBINING STATEMENTS- BY FUND TYPE (2) INDIVIDUAL FUND AND ACCOUNT GROUP STATEMENTS (3) �--- SCHEDULES (4) TRANSACTION DATA (THE ACCOUNTING SYSTEM) -- Required -- May be necessary O Refers to"The Financial Section-Pyramid' discussion ---_..PAGE_20•NCGR STATEMENT 1