The City's government-wide financial statements are designed to provide readers with a broad overview of the City's finances, in a manner similar to a private-sector business. These financial statements present the financial activity of the City, which is the primary government, along with the financial activities of its component unit, the Successor Agency to the Redevelopment Agency of the City of Greenfield (the Agency), which is an entity for which the City is financially accountable. Although they are separate legal entities, blended component units are in substance part of the City's operations and are reported as an integral part of the City's financial statements.