Notes to the financial statements. The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.
The notes to the financial statements can be found on pages 29-56 of this report.
Other information. In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information concerning the County's actual results in comparison to their original and amended budgets, the County's proportionate share of the net pension liability (asset) and related contributions, and the schedule of changes in county's total OPEB Liability and related ratios and notes.
Required supplementary information can be found on pages 57-62 of this report.
As noted earlier, net position may serve over time as a useful indicator of a County's financial position. In the case of the County, assets and deferred outflows exceeded liabilities and deferred inflows by $171,703,603 at the close of the most recent fiscal year.
Dubuque County's Net Position
| Governmental Activities | Business-Type Activities | Total | ||||
| 2022 | 2021 (Not Restated) | 2022 | 2021 (Not Restated) | 2022 | 2021 (Not Restated) | |
| Current and Other Assets | $ 120,322,175 | $ 106,003,406 | $ 3,671,927 | $ 3,391,560 | $ 123,994,102 | $ 109,394,966 |
| Capital Assets | 153,075,813 | 149,415,140 | - | - | 153,075,813 | 149,415,140 |
| Total assets | 273,397,988 | 255,418,546 | 3,671,927 | 3,391,560 | 277,069,915 | 258,810,106 |
| Deferred Outflows of Resources | 3,029,843 | 3,693,429 | 1,000,737 | 1,340,893 | 4,030,580 | 5,034,322 |
| Long-Term Liabilities | 31,662,791 | 42,819,810 | 1,613,869 | 6,607,517 | 33,276,660 | 49,427,327 |
| Other Liabilities | 23,858,374 | 13,296,336 | 758,639 | 493,563 | 24,617,013 | 13,789,899 |
| Total liabilities | 55,521,165 | 56,116,146 | 2,372,508 | 7,101,080 | 57,893,673 | 63,217,226 |
| Deferred Inflows of Resources | 47,430,941 | 36,119,604 | 4,072,278 | 270,627 | 51,503,219 | 36,390,231 |
| Net Position | ||||||
| Net investment in capital assets | 135,238,024 | 129,984,370 | - | - | 135,238,024 | 129,984,370 |
| Restricted | 27,870,898 | 30,258,325 | - | - | 27,870,898 | 30,258,325 |
| Unrestricted (deficit) | 10,366,803 | 6,633,530 | (1,772,122) | (2,639,254) | 8,594,681 | 3,994,276 |
| Total net position | $ 173,475,725 | $ 166,876,225 | $ (1,772,122) | $ (2,639,254) | $ 171,703,603 | $ 164,236,971 |
The largest portion of the County's net position (78.76%) reflects its investment in capital assets (e.g., land, buildings, infrastructure, and equipment), less any related debt used to acquire those assets that is still outstanding. The County uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the County's investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.