Financial Statement - same as EJ-165: A Financial Statement is completed and signed by the Employee, as well as his/her Spouse. It states the wages he/she receives, as well as the cost for his/her needed expenditures.
Chula Vista California Financial Statement, also known as EJ-165, is a crucial document that provides a comprehensive overview of the financial status and transactions of the city of Chula Vista, California. This statement is essential for stakeholders, including government officials, investors, and citizens, as it highlights the city's revenue, expenses, assets, and liabilities. The Chula Vista California Financial Statement — EJ-165 is updated annually and adheres to generally accepted accounting principles (GAAP). It encompasses various financial components, including the general fund, special revenue funds, debt service funds, capital projects funds, and enterprise funds. 1. General Fund Statement: This section of the Chula Vista California Financial Statement — EJ-165 focuses on the city's primary operating fund. It outlines revenue sources such as taxes, grants, and intergovernmental revenues, while also detailing expenditures, including public safety, utilities, infrastructure, and administrative costs. 2. Special Revenue Funds Statement: This component highlights funds specifically designated for special purposes, such as public works, health, or education. The statement provides a detailed breakdown of revenue sources and expenditures related to these designated funds. 3. Debt Service Funds Statement: Chula Vista may have various outstanding debts, including loans and bonds. The debt service funds statement within the financial statement — EJ-165 provides information on how the city manages and allocates funds to service these debts. It outlines the sources of revenue for debt repayment and associated expenses. 4. Capital Projects Funds Statement: Chula Vista undertakes various capital projects to improve infrastructure, construct facilities, or enhance public amenities. The capital projects funds statement highlights the financial resources and expenditures related to these projects, ensuring transparency and accountability. 5. Enterprise Funds Statement: Enterprise funds are used for activities that are primarily self-supported through user fees or charges, such as water utilities or parking services. This section of the financial statement — EJ-165 delves into the revenue, expenses, and net income generated by these enterprise funds, providing insights into their financial health. These different types of financial statements within the Chula Vista California Financial Statement — EJ-165 help stakeholders understand the city's overall financial position, fiscal performance, and the effective management of funds across various domains. They aid in decision-making, budget planning, and evaluating the city's economic stability and growth potential.Chula Vista California Financial Statement, also known as EJ-165, is a crucial document that provides a comprehensive overview of the financial status and transactions of the city of Chula Vista, California. This statement is essential for stakeholders, including government officials, investors, and citizens, as it highlights the city's revenue, expenses, assets, and liabilities. The Chula Vista California Financial Statement — EJ-165 is updated annually and adheres to generally accepted accounting principles (GAAP). It encompasses various financial components, including the general fund, special revenue funds, debt service funds, capital projects funds, and enterprise funds. 1. General Fund Statement: This section of the Chula Vista California Financial Statement — EJ-165 focuses on the city's primary operating fund. It outlines revenue sources such as taxes, grants, and intergovernmental revenues, while also detailing expenditures, including public safety, utilities, infrastructure, and administrative costs. 2. Special Revenue Funds Statement: This component highlights funds specifically designated for special purposes, such as public works, health, or education. The statement provides a detailed breakdown of revenue sources and expenditures related to these designated funds. 3. Debt Service Funds Statement: Chula Vista may have various outstanding debts, including loans and bonds. The debt service funds statement within the financial statement — EJ-165 provides information on how the city manages and allocates funds to service these debts. It outlines the sources of revenue for debt repayment and associated expenses. 4. Capital Projects Funds Statement: Chula Vista undertakes various capital projects to improve infrastructure, construct facilities, or enhance public amenities. The capital projects funds statement highlights the financial resources and expenditures related to these projects, ensuring transparency and accountability. 5. Enterprise Funds Statement: Enterprise funds are used for activities that are primarily self-supported through user fees or charges, such as water utilities or parking services. This section of the financial statement — EJ-165 delves into the revenue, expenses, and net income generated by these enterprise funds, providing insights into their financial health. These different types of financial statements within the Chula Vista California Financial Statement — EJ-165 help stakeholders understand the city's overall financial position, fiscal performance, and the effective management of funds across various domains. They aid in decision-making, budget planning, and evaluating the city's economic stability and growth potential.