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Government -wide Financial Analysis As noted earlier, net assets may serve over time as a useful indictor of a government's financial position. In the case of the City of Roseville, assets exceeded liabilities by $153,360,963 at the close of the most recent fiscal year. By far the largest portion of the City of Roseville's net assets (76% percent) reflects its investment in capital assets (e.g, land, buildings, machinery, and equipment) less any related debt used to acquire those assets that is still outstanding. The City of Roseville uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the City of Roseville's investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. CITY OF ROSEVILLE'S NET ASSETS i C Iti)'rLrnolnlal (J py 'i rini-ermal 131111mu.. lil_�i r - r f�Li�i� � �ti- 'iLics - 7'w1 � p T -DE0 �I -f)La. ' IL: : 00 POO 200% - CiHTc r. I T-J 'y' h e! - r Alse`% � � 9.i 46.01 � ?�9 1 S� 0. 5 ,106 S42) • � 1,12 3 - 164 '�ir�l�i 3, 1 ��k, =i , 1 ti� I I - � �� 4 tl%f - �F. I I a:r. Ft, � 13 SIT -��_ , . , �, ., } t 11 1 � � . � . � OULl t W x I 1 6.� I � 5.-' . , �_ 1 �� . � . f%C% L oral -tum 11 �h iris IC5 4.? fi 11 U ::1,9 1 1%4 9.1 - - 1-1.`1 26% L 14 %W 1 ,5sl li �r -i;ilii�i li�� ,'} , Sa�E, r 6 ",1','� I'r,�l?� ; ,1 Frl. ;4? 1.�� a 1010) (i,�iiti [ �tilf,r,i " 07.- 18.1 1 DW1 Ils:'�l III iC& .1 Z. r , _1 41 _ ; { 1 i Invested in fixed Assets net of related debt 9811241347 9810371804 1811911864 1719501057 116,316,211 11519871861 Restricted 1910691579 1812691971 1910691579 1812691971 Unrestricted 1312681393 1111621422 811461474 719401709 2114141867 19,103,131 Total net assets $13014621319 $12714701197 $2613381338 $2518901766 $15618001657 $15313601963 A portion of the of the City of Roseville's net assets represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net assets ($19,103,131) may be used to meet the City's ongoing obligations to citizens and creditors. At the end of the current fiscal year, the City of Roseville is able to report positive balances in all three categories of net assets, both for the government as a whole, as well as for its separate governmental and business -type activities. 16