Page 11 - PAFR
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Net Position
The City’s net position is a key indicator of its financial health, reflecting the extent to which its assets are
available to meet obligations. This measure provides a comprehensive view of the City’s overall financial
standing, including its ability to fulfill commitments and invest in future projects and services.
Net Position Yearly Comparison
Investment in Capital Assets Restricted Unrestricted
$281,712,393
2024 Total $49,686,658
$458,127,654
$126,728,603
$253,235,476
2023 Total $46,639,963
$409,734,384
$109,858,945
$230,953,900
2022 Total $43,270,741
$374,321,652
$100,097,011
0 50,000,000 100,000,000 150,000,000 200,000,000 250,000,000 300,000,000
Activities/Changes in Net Position
(in Thousands) 2024 2023 2022
Revenues $102,516,362 $85,150,834 $70,577,524
Less: Expenses $54,123,092 $49,738,102 $ 42,562,155
Increase in Net Position $48,393,270 $35,412,732 $ 28,015,369
Net Position, $409,734,384 $374,321,652 $346,306,283
Beginning of Year
Net Position, End of Year $458,127,654 $409,734,384 $ 374,321,652
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