Analyzing Financial Condition

Use the Annual Comprehensive Financial Report uploaded for Walden Heights to write a 1 page paper about the following:
Write a paper in which you include the following:
• Introduction (1–2 paragraphs)
Introduce the city of Walden Heights, including its major industries/sectors and two interesting facts about its financial condition.
• Statement of Net Position Assessment (1–2 paragraphs)
Based on your assessment of the Statement of Net Position, how would you describe the city’s solvency? Include the results of your computations.
• Statement of Activities Assessment (1 paragraph)
Based on your assessment of the Statement of Activities, create a pie chart that shows each of the functions/programs as a percentage of the total government spending. (Note: Use the information in the Primary Government section only [through the “Total Primary Government” line item]). Include the pie chart you created. What conclusions can you draw about the city’s priorities?
• Conclusion (1–2 paragraphs)
Based on a synthesis of everything you reviewed about the city’s financial position in the previous year, what changes would you recommend for the upcoming budget?
Please write in APA 7 format with in-text citations and a reference page.

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