Comprehensive Annual Financial Report - City of Cerritos

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City of Cerritos Demographic and Economic Statistics Last Eight Fiscal Years Per Capita Personal City Fiscal Income Personal Unemployment Year Population (1) (in thousands) Income (2) * Rate (3) 2002-03 51,716 31,452 1,626,572 3.50% 2003-04 51,748 33,179 1,716,947 3.30% 2004-05 51,792 34,426 1,782,991 2.60% 2005-06 51,944 37,362 1,940,732 2.50% 2006-07 52,020 39,794 2,070,084 2.60% 2007-08 52,096 42,265 2,201,837 3.80% 2008-09 52,172 (a) (a) 6.20% 2009-10 52,249 (a) (a) 6.70% *Based on Los Angeles County personal income data (a) Not Available The City has elected to show only eight years of data for this schedule coinciding with the implementation of GASB 34 in fiscal year 2002-2003. Sources: (1) City of Cerritos (2) Bureau of Economic Analysis (3) State of California, Labor Market Information, Data Library 134
City of Cerritos Principal Employers Current Year and Seven Years Ago 2010 2001** Percent of Percent of Number of Total Number of Total Employer Employees Employment* Employees Employment United Parcel Service 1,654 4.69% ABC Unified School District 1,231 3.49% Caremore 1,012 2.87% Southern Wine & Spirits of Southern California 979 2.77% City of Cerritos 592 1.68% College Hospital, Inc 530 1.50% Dolex Dollar Express 415 1.18% Marina Medical Billing 364 1.03% AT&T Wireless Services 353 1.00% Expert Automotive Associates 286 0.81% Total 7,416 21.02% *Based upon California Employment Development Department data of 35,288 total employment of all employers located within City limits. **Information not available Source: California Employment Development Department 135
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City of Cerritos, California Compre
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City of Cerritos Comprehensive Annu
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City of Cerritos Comprehensive Annu
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City of Cerritos ORGANIZATIONAL CHA
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Honorable Mayor and Members of the
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OVERVIEW OF THE FINANCIAL STATEMENT
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GOVERNMENT-WIDE FINANCIAL ANALYSIS
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GOVERNMENT-WIDE FINANCIAL ANALYSIS
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FINANCIAL ANALYSIS OF THE CITY’S
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ECONOMIC FACTORS AND NEXT YEAR’S
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City of Cerritos Statement of Activ
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City of Cerritos Balance Sheet Gove
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City of Cerritos Statement of Reven
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City of Cerritos Statement of Net A
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City of Cerritos Statement of Cash
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City of Cerritos Index to Notes to
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City of Cerritos Notes to Basic Fin
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CITY OF CERRITOS Required Supplemen
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CITY OF CERRITOS Required Supplemen
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City of Cerritos Combining Balance
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Page 148 and 149: City of Cerritos Legal Debt Margin
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Comprehensive Annual Financial Report - City of Cerritos

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