Clerk of the Circuit Court

Size: px

Start display at page:

Download "Clerk of the Circuit Court"

Brett Brooks
5 years ago
Views:

1 David R. Euspermann Clerk of/he Ctrcutr Court John W. Garri, CPA Finance Director Clerk of the Circuit Court Board of County Commissioners +++ Finance Department Post Office Box 1030, Ocala, Florida lid NW First Avenue, Ocala, Florida Telephone: (352) Facsimile: (352) TO: FROM: DATE: SUBJECT: David R. Ellspermann, Clerk of the Circuit Court John W. Garr;!kPA, Finance Director January 21, 2014 Interim Financial Statements We have prepared the attached Interim Financial Statements for the Solid Waste Disposal Fund and Marion County Utilities Fund for the period October, 2013 through December, Please advise if you need any additional information. JWG/el cc: Lee Niblock Mounir Bouyounes Mike Sims Flip Mellinger Wallace Watford jg Solid Waste Interim Financial Statements

2 SOLID WASTE DISPOSAL FUND ACCRUAL BASED INTERIM BALANCE SHEET UNAUDITED FINANCiAL STATEMENTS Account Title 12/31/ Cash on Hand - Change Fund $ Equity in Pooled Cash 1,964,485 TOTAL CASH $ 1,965, Accounts Receivable 94,393 TOTAL ACCOUNTS RECEIVABLE 94, Accrued Interest on lnv 109, Local Govt Surpl Funds TF 4,631, Investments - Operating 39,116,415 TOTAL UNRESTRiCTED CASH 43,857, Prepaid Landfill Fees 20,000, Landfill Mgmt Escrow Acct 6,687,767 TOTAL RESTRICTED CASH 26,687,767 TOTAL INVESTMENTS 70,545, Land 1,014, Buildings 3,795, Ace Depr - Buildings (1,234,475) Imp Other than Bldgs 31,955, Ace Depr -trnprovernents (27,035,771) Equipment 5,590, Ace Depr - Equipment (4,642,528) Const Work in Progress 3,055,566 TOTAL PROPERTY, PLANT & EQUIPMENT 12,498,390 TOTAL ASSETS $ 85,103, Accounts Payable $ Accounts Payable- System 38, Deposit- Solid Waste Fees 14, Compensated Absences 224,610 TOTAL CURRENT LIABILITIES 277, Other Post Employment Bene 281, Landfill Closure Costs 25,357, Remediation Costs 4,027,651 TOTAL LONG TERM LIABILITIES 29,688,043 TOTAL LIABILITIES $ 29,943, Retained Earnings 55,159,919 TOTAL EQUITIES 55,159,919 TOTAL LIABILITIES & EQUITIES $ 85,103,458

3 COMBINED INTERIM STATEMENT OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS Prepared by the Clerk of the Circuit Court Accounting and Finance Division Unaudited Financial Statements For the Three For the Three Months Ended Months Ended Solid Waste Fund Operating Revenues: Tipping Fees $ 555,863 s 557,042 SWD Assessments 6,267,076 7,343,092 Miscellaneous Revenues ,260 Total Operating Revenues 6,829,311 7,906,394 Operating Expenses: Personal Services 662, ,743 Contracted Services 328, ,274 Supplies and Materials 113, ,911 Repairs and Maintenance 184, ,926 Other Services and Charges 165, ,220 Depreciation ,912 Amortization o o Refunds o o Provision for Closure & Long Term Care 89,189 89,189 Premiums/Claims Expense 44,517 49,223 Total Operating Expenses 1,966,918 2,050,398 Operating Income (Loss) 4,862,393 5,855,996 Non-Operating Revenue (Expenses): Grants o o Investment Income 67,860 29,378 Interest and Fiscal Charge Expense o o Gain(Loss) on Disposal of Fixed Assets 67,344 o Total Non-Operating Revenues (Expenses) 135,204 29,378 Income (loss) Before Contributions and Refunds 4,997,597 5,885,374 Transfers In o o Transfers (Out) o o Capital Contributions o o Change in Net Assets 4,997,597 5,885,374 Total Net Assets - Beginning, 10101/13 50,162,322 50,486,791 Total Net Assets - Ending, 12/31/13 $ 55,159,919 $ 56,372,165

4 MARION COUNTY UTILITIES ACCRUAL BASED INTERIM BALANCE SHEET UNAUDITED FINANCIAL STATEMENTS Fiscal Year A&&ounl Tille SunTrust Bank - Utility Dep Cash on Hand - Petty Cash Cash on Hand - Change Fund Equity in Pooled Cash TOTAL CASH Accounts Receivable Allowance for Uncoil AIR TOTAL ACCOUNTS RECEIVABLE Dept of Envir Protection SWFWMD SJRWMD Accrued Interest on Inv Inventory - Supplies Local acvt Surpt Funds TF Investments - Operating TOTAL UNRESTRICTED CASH Fees - Water Connection Fees - Sewer Connection Cash Reserve - Debt Service Cash Reserve - Sinking Fund Cash Reserve - R & R TOTAL RESTRICTED CASH TOTAL INVESTMENTS Land Buildings Ace Depr - Buildings Imp Other than Bldgs Ace Depr - Improvements Equipment Acc Depr - Equipment ccnet worx in Progress TOTAL PROPERTY, PLANT & EQUIPMENT TOTAL ASSETS Accounts Payable Accounts Payable - System Notes & Loans Pay - Current Retainage Payable on Cont Dept of Banking & Finance Accrued Interest Payable Deposit - Water Service Deposit - Sewer Service Deposit - Miscellaneous Water Unearned Revenue Sewer Unearned Revenue Compensated Absences TOTAL CURRENT LIABILITIES Notes & Loans Pay - Long Tm Rev Bonds Pay - Long Term Unarrort Premiums on Bonds Deferred Chg Debl Refunding Other Post Employment Bene TOTAL LONG TERM LIABILITIES TOTAL LIABILITIES Retained Earnings TOTAL EQUITIES TOTAL LIABILITIES & EQUITIES 498, ,000 (105,341) 2,899,587 (1,500,000) 242, ,740 52,432 59, , ,661 21,156,815 22,834,745 80, ,813 4,787,423 1,482,760 1,261,239 7,772,060 6,556,687 3,732,850 (1,237,080) 173,976,732 (81,044,042) 5,069,867 (4,129,711) 2,275, , , ,935 15, , , ,747 1,002,742 2,787,682 4,577, ,160 10,659,528 23,509,180 67,780,000 1,929,950 (3,722,637) 379,797 89,876,289 56,465, ,488 1,399,587 30,606, ,600,631 $ 157,001,512 $ 100,535,817 56,465,695 $151,001,512

5 COMBINED INTERIM STATEMENT OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS Prepared by the Clerk of the Circuit Court Accounting and Finance Division Unaudited Financial Statements For the Three For the Three Months Ended Months Ended Marion County Utilities 12131/ /31/2012 Operating Revenues: Charges for Services $ 5,287,516 $ 5,334,111 Miscellaneous Revenues 395, ,810 Total Operating Revenues 5,683,063 5,691,921 Operating Expenses: Personal Services 978, ,740 Contracted Services 132, ,921 Supplies and Materials 167, ,895 Repairs and Maintenance 152, ,207 Other Services and Charges 434, ,548 Depreciation 2,353,075 2,170,991 Amortization (27,182) 19,008 Refunds o o Provision for Closure & Long Term Care o o Claims Expenses 111, ,088 Total Operating Expenses 4, ,144,398 Operating Income (Loss) 1,379,436 1,547,523 Non-Operating Revenue (Expenses): Grants 4,574 o Investment Income 36,370 15,363 Interest and Fiscal Charges Expense (1,046,847) (978,618) Water Connection Fees 126, ,885 Wastewater Connectton Fees 257, ,114 Gain{Loss) on Disposal of Fixed Assets o o Total Non-Operating Revenues (Expenses) (622,289) (473,256) Income (Loss) before Contributions and Refunds 757,146 1,074,267 Transfer In o o Transfer (Out) o o Capital Contributions o o Change in Net Assets 757,146 1,074,267 Total Net Assets - Beginning 10/ ,708,549 49,472,865 Total Net Assets - Ending $ 56,465,695 $ 50,547,132

Clerk of the Circuit Court

David R. Ellspermann Clerk of the Circuit Court John W. Garri, CPA Finance Director Clerk of the Circuit Court Board of County Commissioners Finance Department Post Office Box 13, Ocala, Florida 34478-13