March 14, 2018
Change in Net Position: “Net position” is the reporting entity’s bottom line — the difference between all assets and deferred outflows and all liabilities and deferred inflows, including long-term debt and non-monetary capital assets (land, buildings, etc.). “Over time, increases and decreases in Net Position serve as a useful indicator of whether the financial position of the Authority is improving or deteriorating,” according to ARHA’s financial statements.
Stories this photo appears in:
Alexandria Housing Authority Resources: Growing and Shrinking
Trends indicated in financial and other records.
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