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.
The Daly City California Financial Statement, also referred to as EJ-165, is a comprehensive document that provides an overview of the financial activities, status, and performance of Daly City, California. This statement is created and maintained by the city's finance department and serves as a vital tool in assessing the financial health of the municipality. It gives residents, businesses, and stakeholders insight into how taxpayer funds are collected, allocated, and utilized for various public services and projects. The Daly City California Financial Statement — EJ-165 consists of multiple sections, each providing specific information about different aspects of the city's finances. These sections include: 1. Balance Sheet: This section presents a snapshot of Daly City's financial position by showcasing its assets (such as cash, investments, properties) and liabilities (such as outstanding debt) at a specific point in time. It helps assess the city's financial stability and ability to meet its obligations. 2. Statement of Revenues, Expenditures, and Changes in Fund Balances: This statement outlines the city's operating revenues, such as taxes, fees, and grants, as well as its expenditures categorized by departments and programs. It shows the net change in fund balances, providing insights into the financial performance of Daly City over a specific period. 3. Statement of Fund Net Assets: This section discloses the assets, liabilities, and net assets of various funds maintained by the city, such as the general fund, special revenue funds, and capital project funds. It helps track the financial activities within each fund and ensures transparency and accountability. 4. Notes to the Financial Statements: These notes provide additional details and explanations for the numbers presented in the previous sections. They include information about significant accounting policies, contingencies, and other relevant financial matters. It's important to note that different years may have variations in the structure and content of the Daly City financial statement, but the core sections and information will remain consistent. Users can refer to the specified statement (EJ-165) for comprehensive details and analysis of Daly City's financial transactions, fiscal health, and overall management. Stay informed about your local municipality's financial status by reviewing the Daly City California Financial Statement — EJ-165 regularly.The Daly City California Financial Statement, also referred to as EJ-165, is a comprehensive document that provides an overview of the financial activities, status, and performance of Daly City, California. This statement is created and maintained by the city's finance department and serves as a vital tool in assessing the financial health of the municipality. It gives residents, businesses, and stakeholders insight into how taxpayer funds are collected, allocated, and utilized for various public services and projects. The Daly City California Financial Statement — EJ-165 consists of multiple sections, each providing specific information about different aspects of the city's finances. These sections include: 1. Balance Sheet: This section presents a snapshot of Daly City's financial position by showcasing its assets (such as cash, investments, properties) and liabilities (such as outstanding debt) at a specific point in time. It helps assess the city's financial stability and ability to meet its obligations. 2. Statement of Revenues, Expenditures, and Changes in Fund Balances: This statement outlines the city's operating revenues, such as taxes, fees, and grants, as well as its expenditures categorized by departments and programs. It shows the net change in fund balances, providing insights into the financial performance of Daly City over a specific period. 3. Statement of Fund Net Assets: This section discloses the assets, liabilities, and net assets of various funds maintained by the city, such as the general fund, special revenue funds, and capital project funds. It helps track the financial activities within each fund and ensures transparency and accountability. 4. Notes to the Financial Statements: These notes provide additional details and explanations for the numbers presented in the previous sections. They include information about significant accounting policies, contingencies, and other relevant financial matters. It's important to note that different years may have variations in the structure and content of the Daly City financial statement, but the core sections and information will remain consistent. Users can refer to the specified statement (EJ-165) for comprehensive details and analysis of Daly City's financial transactions, fiscal health, and overall management. Stay informed about your local municipality's financial status by reviewing the Daly City California Financial Statement — EJ-165 regularly.