Status of Legislative Policy Division submitting report relative to Detailed Financial Analysis of the City of Detroit’s FY 2015 General Fund and Government Wide Financial Statements. (The Legislative Policy Division (LPD) in this report provides the City Council with a detailed financial analysis of the City’s FY 2015 General fund and Government Wide financial statements. We analyzed the General Fund’s Unassigned Surplus, Balance Sheet and Revenues and Expenditures. Also, the Legislative Policy Division analyzed in detail the Government Wide Primary Government’s Statement of Net Position and Statement of Activities. The Legislative Policy Division also provide the statements for FY 2014 and FY 2013 for comparison. The FY 2013 statements show the City before the bankruptcy. The FY 2014 statements show the City in bankruptcy. The FY 2015 statements show the City after bankruptcy.) (BROUGHT BACK AS DIRECTED ON 9-21-16)

Committee

Budget, Finance and Audit Standing Committee

Introduced

November 2, 2016

On agenda

September 28, 2016