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Annual financial report

City of Donna 2020 Annual Financial Report (Audited)

original file: 2020 Comprehensive Annual Financial Report (CAFR) (PDF)
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What is this?

The City of Donna’s 2020 Comprehensive Annual Financial Report is the audited set of financial statements for the city’s governmental and business‑type activities, plus supplemental schedules. The independent auditors give an unqualified (clean) opinion that the statements fairly present the city’s financial position, activities and cash flows for the year ended September 30 2020. The report shows the city’s net position, deficits in unrestricted net position, and the growth of governmental fund balances compared with the prior year.

Key figures

Net position (assets exceed liabilities) 2020 $25,486,320
Net position (assets exceed liabilities) 2019 $24,334,636
Unrestricted net position deficit 2020 $29,096,481
Unrestricted net position deficit 2019 $29,343,119
Governmental funds ending balance 2020 $6,147,914
Increase in governmental fund balances over 2019 $3,390,507 (123% increase)
Fiscal year end date September 30, 2020
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