This is the City of Alamo’s audited annual financial report for the fiscal year that ended September 30 2015. The independent CPA firm audited the City’s governmental and business‑type activities, all major funds and the blended component unit, and concluded that the financial statements are presented fairly in accordance with U.S. GAAP. The report shows that total assets exceeded liabilities by $45.9 million, net position grew by $145 thousand, the general‑fund unreserved balance was $4.26 million (about 48 % of expenditures), and both governmental and business‑type debt fell by roughly $0.4 million and $1.7 million respectively.
| Auditor's opinion | Unqualified – financial statements present fairly in all material respects |
| Combined assets exceed liabilities | $45,903,440 |
| Total net position change | $145,008 (increase $421,373 governmental, decrease $276,365 business‑type) |
| Governmental activities net position | $20,779,374 (up from $20,358,001 prior year) |
| Business‑type activities net position | $25,124,066 (down from $25,400,431 prior year) |
| Unreserved general fund balance | $4,263,616 (47.52 % of total general fund expenditures) |
| Debt reduction – governmental activities | $364,956 |
| Debt reduction – business‑type activities | $1,674,611 |