What are the minimum disclosure requirements on the government-wide statement of net position?

The minimum disclosure requirements on the government-wide statement of net position include reporting government activities and total primary government activities. This is essential for presenting a clear and comprehensive overview of a government's financial position, reflecting both the resources it has at its disposal and the obligations it must meet.

Government activities encompass all transactions and events that are attributable to the government's operations, while total primary government activities refer specifically to the activities of the main government, excluding any component units or other entities. This level of disclosure ensures transparency and provides users of the financial statements—such as taxpayers, creditors, and other stakeholders—with critical information necessary for assessing the financial health and accountability of the government.

In contrast, focusing solely on private assets or aggregated financial outcomes would not provide the required breadth of information necessary for understanding the government's overall financial condition. Additionally, including details like the email of primary officials does not pertain to the financial position itself and lacks relevance in the context of financial disclosures.