The following graph indicates the service fees and expenses of governmental activities, which shows the extent to which the governmental functions
total change in net position for the primary government
in retiree health and group health insurance premiums of
Public safety
General public works and beach
Sanitation and waste removal
Highways and streets
Economic development and tourism
Recreation and culture
25
20
15
10
5
0
2019 2018 2017 2016 2015
Millions
GENERAL FUND BALANCE
Unassigned Assigned
FINANCIAL INFORMATION
assets and liabilities for governmental
funds and is a key measure of financial
health. The Town of Ocean City subdivides
fund balance into Nonspendable,
Restricted, Committed, Assigned, and
Unassigned portions. The restricted and
for existing obligations. The unassigned
purposes and is available for emergencies.
Think of the unassigned as the savings
account of the fund. It is the Town’s policy
5
GOVERNMENTAL ACTIVITIES - EXPENSES AND PROGRAM REVENUES
0 10 20 30 40
Interest on long-term debt
Millions of Dollars
Revenues
Expenses
General government
Report to Citizens