Calculate the government-wide financial position ratio, the quick ratio, and the debt per capita rat

Calculate the government-wide financial position ratio, the
quick ratio, and the debt per capita ratio (assuming a population
of 250,000) for the City of Cottonwood using the financial
statements on the previous page. Enter the calculations you used to
arrive at your answers.

CITY OF COTTONWOOD Statement of Activities For the year ended December 31, 2015 Primary Government Net (Expense) Revenue and

CITY OF COTTONWOOD Statement of Net Position 45 of December 31, 2015 Primary Government Governmental Business-Type Primary Ac

CITY OF COTTONWOOD Statement of Activities For the year ended December 31, 2015 Primary Government Net (Expense) Revenue and Change in Net Position Charges for Services Governmental Activities Business-Type Activities Functions/Programs Expenses Total 1,156,497 44,018 275,492 Governmental Activities: General Government Judicial Administration Public Safety Public Works Health and Welfare Education Parks and Recreation Community Development Depreciation Expense Interest on Long-term Debt Total Governmental Activities Business Type Activities Water Solid Waste Parking Total Business-type Activities 3,074,532 4,400,325 6,328,125 4,753,945 4,418,294 3,887,834 3,155,325 1.793,013 3,100,000 1.108.318 36,017,711 (1.918,035) (4,356,307) (6,052,633) (4.753,945) (4.418,294) (3.887,834) (2,550,966) (1.741,402) (3,100,000) (1,106,318) (33,885,734) (1.918,035) (4,356,307) (6.052,633) (4,753,945) (4.418,294) (3,887,834) (2,550,968) (1.741,402) (3.100.000) (1,100,318) (33.885.734) 804,350 51,611 2 ,131,977 4,041,987 1.558,633 481,989 6,080,489 5.385,233 1,851,433 461,107 .697.773 1,343, 246 294,800 (20.762) 1.617 284 1,343,246 294,800 (20.762) 1.817284 7 Total Primary Government (33,885,734) 1.617 284 132.268.450) 24,583.914 11,403,125 1,302.422 42,098,200 9,829,750 General Revenues Property Taxes Other local Taxes Miscellaneous Transfers Total General Revenues Change in Net Position Net Position. Beginning Net Position. Ending 24,583.914 11,403,125 1,302,422 (526,755) 28.762.708 2,876,972 17,871,149 20,548,121 528,755 526.755 2.144,039 29,897,624 32,041.663 37,289.461 5,021,011 47,568,773 52,589,784 CITY OF COTTONWOOD Statement of Net Position 45 of December 31, 2015 Primary Government Governmental Business-Type Primary Activities Activities Government 8.161.351 4,025,000 12,186,351 3,312,992 5,871,042 9,184,034 33.126 71,042 104,168 ASSETS Cash and cash equivalents Investments Inventory Receivables (net) Taxes receivable Interest Receivable Due from Other Governments Other assets Investment in permanent endowment Capital Assets (net of Accumulated Depreciation) TOTAL ASSETS 26,573 292,775 2.872,611 693,392 1,328,448 23,747 3,875,600 25,070,818 45,372,085 2,872,611 719,965 1,621,223 23,747 3,875,600 67,213.733 97,801,432 42.142.915 5 2,429,347 493,849 473,168 LIABILITIES Accounts payable Accrued wages and benefits Accrued Interest payable Landfill post closure care costs liability Bonds payable TOTAL LIABILITIES $ 2,320.134 419,756 167,000 2,600,000 19,317,074 24,823.964 2,813,983 892.924 167,000 3,162,480 38.175.261 45,211,648 562.480 18.858.187 2 0,387,684 23,284,728 NET POSITION Net Investment in Capital Assets Restricted Unrestricted TOTAL NET POSITION 5,753,744 4,447,614 10.346.763 $ 20,548,121 29,038,472 4,447,614 19.103.698 52,589,784 8.756,935 3 2.041.663

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