ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 55
CITY OF EUSTIS
ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2020
NOTES TO FINANCIAL STATEMENTS
INDEX
Note 1. Description of Funds and Summary of Significant Accounting Policies
The Reporting Entity
Government-Wide and Fund Financial Statements
Measurement Focus, Basis of Accounting, and Financial
Statement Presentation
Assets, Liabilities and Fund Equity
Revenues, Expenditures and Expenses
39
39
39
Note 2. Stewardship, Compliance and Accountability
Budgetary Requirements
Deficit Fund Equity of Individual Funds
48
48
49
Note 3. Cash, Cash Equivalents and Investments
50
Note 4. Capital Assets
55
Note 5. Pension Plans
56
Note 6. Other Post-Employment Benefits
75
Note 7. Deferred Compensation Plan
79
Note 8. Risk Management
79
Note 9. Commitments
81
Note 10. Long -Term Debt
82
Note 11. Interfund Transactions
88
Note 12. Contingent Liabilities
89
38
40
42
47
