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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />As management of the City of Centerville <br />narrative overview and analysis of the financial activities of the City for the fiscal year ended December 31, 2021. <br />Financial Highlights <br />The assets and deferred outflows of resources of the City exceeded its liabilities and deferred inflows of <br />resources at the close of the most recent fiscal year by $23,532,735 (net position). Of this amount, $8,982,423 <br />(unrestricted net position) may be u <br />net position increased $972,957. A further breakdown of net position is chronicled under <br />government-wide financial statement analysis. <br />At the end of the current fiscal year, unassigned fund balance for the General fund was $1,974,074, or 79.2 <br />percent of total 2021 General fund expenditures. <br />The Cidecreased $456,843, during the current fiscal year. The decrease was due to scheduled debt <br />payments on the C and the retirement of the G.O. Improvement and Refunding 2013A Bonds. <br />15 <br /> <br />