ACFR FY 2023 Final - Flipbook - Page 47
FINANCIAL SECTION
City of Eustis, Florida
6. Risk Management and Contingencies
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Emergency preparedness: Funds allocated for unexpected events such as natural disasters,
public health emergencies, or economic downturnsÿ
Liabilities and Reserves: Consideration of long-term liabilities, including pension and healthcare
obligations, and the adequacy of reserve fundsÿ
7. Capital Financing and Debt Management
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Debt Service Requirements: Obligations for existing debt and consideration for new borrowing
to onance capital projects.
Capital Financing Strategies: Use of bonds, grants, public-private partnerships, and other onancing
options for capital projectsÿ
8. Performance Metrics and Accountability
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program performance: Review of performance metrics to ensure programs and services are
cost-effective and continue to meet community needsÿ
Transparency and Engagement: mechanisms for public input and feedback on budget priorities
and expendituresÿ
9. Technological Investments
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Digital Transformation: Investments in technology to improve City services, efociency, and
citizen engagementÿ
Cybersecurity: Ensuring adequate resources are allocated to protect City data and infrastructure from cyber threatsÿ
Requests for Information
This onancial report is designed to provide a general overview of the City of Eustis9s onances for
all those interested in the City9s onances. Questions concerning any of the information provided in
this report or requests for additional onancial information should be addressed to:
City of Eustis
mike Sheppard, Finance Director
pÿOÿ Drawer 68 Eustis, FL 32727-0068 phone: (352) 483-5440
wwwÿeustisÿorg
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Annual Comprehensive Financial Report | September 30, 2023
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