This is the City of Alamo’s audited annual financial report for the fiscal year that ended September 30, 2016. It includes the independent auditor’s opinion that the financial statements are presented fairly in accordance with U.S. GAAP, a Management Discussion and Analysis that highlights changes in assets, liabilities and net position, and the detailed government‑wide and fund‑level statements. The report shows a slight decline in overall net position, reductions in municipal debt, and the amount of unreserved funds available for general operations and for the water‑sewer system.
| Combined net position (assets minus liabilities) | over $45 million (prior year $45,903,440) |
| Total net position change | decrease of $701,020 (governmental $691,607; business $9,413) |
| Governmental activities net position | $20,087,767 (prior year $20,779,374) |
| Business‑type activities net position | $25,114,653 (prior year $25,124,066) |
| Unrestricted net position for water and sewer | $2,913,113 |
| Unreserved general fund balance | $4,657,972 (51.77 % of general fund expenditures) |
| Decrease in governmental debt | $976,959 |
| Decrease in business‑type debt | $278,951 |