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The financial statements also include notes that explain some of the information in the financial statements and provide more <br />detailed data. The statements are followed by a section of combining and individual fund financial statements and schedules that <br />further explains and supports the information in the financial statements. Figure 1 shows how the required parts of this annual <br />report are arranged and relate to one another. In addition to these required elements, we have included a section with combining <br />and individual fund financial statements and schedules that provide details about nonmajor governmental funds, which are added <br />together and presented in single columns in the basic financial statements. <br />Figure 1 <br />Required Components of the <br />City’s Annual Financial Report <br />-14- <br /> <br />