Packet: Tiffin City Council Work Session (01/20/2026)

City of Tiffin Cash Basis Statement of Activities and Net Position Year Ended June 30, 2025 Primary Government Governmental Business-Type Activities Activities Total Cash Basis Net Position Restricted Expendable Streets $ 132,807 $ - $ 132,807 Capital projects 8,382,851 86,127 8,468,978 Tax increment financing 1,333,182 - 1,333,182 Unspent grant funds 54,274 - 54,274 Employee benefits 238,423 - 238,423 Assessment reduction 995,932 - 995,932 Debt service 101,802 - 101,802 Utility deposits - 71,280 71,280 Unrestricted 143,399 1,799,683 1,943,082 Total cash basis net position $ 11,382,670 $ 1,957,090 $ 13,339,760 See notes to basic financial statements. 11