The data presented here is taken from the City of Sealy’s latest audited government-wide Statement of Activities.
The government-wide Statement of Activities for a government entity is equivalent to the income statement of a for-profit business.
The government-wide Statement of Activities can be found in the city’s comprehensive annual financial report (CAFR) and reports the results of the city’s operations on an accrual basis of accounting.
Under the accrual basis of accounting, revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows.
Within the government-wide Statement of Activities, governmental activities are reported separately from business-type activities but are then combined to provide totals for the entire government.
Governmental activities are those which normally are supported by taxes, intergovernmental revenues (e.g., grants), and other nonexchange transactions.
Business-type activities are those which rely to a significant extent on fees and charges to external customers for support (e.g., utility fees).
415 Main Street
Sealy, TX 77474-2232
PO Box 517
Sealy, TX 77474-0517
Phone: (979) 885-3511
Fax: (979) 885-3513
The City of Sealy will strive to assure the highest quality of life for those who choose to live, work, and play here while protecting the City's economic well-being for current and future generations.
The City of Sealy is dedicated to preserving our history of excellence while continually investing in our future of progress.
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