Required Supplementary Information Other Than MD&A

Transcription

1 Required Supplementary Information Other Than MD&A

2 SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS Year Ended December 31, 2015 December 31, 2014 Total pension liability: Service Cost 6,710,973 Interest 17,727,585 Differences between expected and actual experience (187,789) Changes of assumptions - Benefit payments, including refunds of employee contributions (13,593,270) Net change in total pension liability 10,657,499 Total pension liability - beginning 221,680,478 Total pension liability - ending (a) 232,337,977 Plan fiduciary net position: Contributions - employer 17,186,962 Contributions - employee 7,179,473 Net investment income 12,799,029 Benefit payments, including refunds of employee contributions (13,593,270) Administrative expense (445,444) Other - Net change in plan fiduciary net position 23,126,750 Plan fiduciary net position - beginning 162,342,795 Plan fiduciary net position - ending (b) 185,469,545 County s net position liability - ending (a) - (b) 46,868,432 Plan fiduciary net position as a percentage of the total pension liability 79.83% Covered employee payroll 61,704,127 County s net pension liability as a percentage of covered employee payroll 75.96% Until a full 10-year trend is complied, the County will present information for those years for which the information is available. 79

3 SCHEDULE OF EMPLOYER CONTRIBUTIONS Year Ended December 31, 2015 Year Ended December 31 Actuary Determined Contribution Contribution in Relation to the Actuarially Determined Contribution Contribution Deficiency (Excess) Covered Payroll Contributions as a % of Covered Payroll 2006 $ 4,236, $ 3,205, $ (1,031,436.00) $ 41,529, % ,408, ,804, (603,457.00) 44,210, % ,928, ,184, (743,634.00) 49,967, % ,087, ,664, (2,422,151.00) 53,988, % ,417, ,885, (531,702.00) 53,484, % ,013, ,906, (1,107,060.00) 53,415, % ,138, ,970, , ,871, % ,578, ,235, ,656, ,933, % ,798, ,186, ,388, ,704, % ,609, ,861, ,252, ,958, % 80

4 SCHEDULE OF THE COUNTYS PROPORTIONATE SHARE OF NET PENSION LIABILTY - PERA Year Ended December 31, 2015 Year Ended December 31 Cumulative Portion of Net Pension Liability Cumulative Proportionate Share Covered Payroll % Of Covered Payroll Plan Net Position as a % of Net Pension Liability % $ 8,047,920 $ 5,139, % 80.72% Until a full 10-year trend is complied, the County will present information for those years for which the information is available. 81

5 SCHEDULE OF EMPLOYER CONTRIBUTIONS - PERA Year Ended December 31, 2015 Year Ended December 31 Statutorily Required Contributions Contributions Made Covered Payroll % Of Covered Payroll 2015 $ 623, $ 623, $ 5,139, % Until a full 10-year trend is complied, the County will present information for those years for which the information is available. 82

6 Schedule of Funding Progress - Other Post Employment Benefits Year Ended December 31, 2015 Schedule of Funding Progress - Other Post Employment benefits Actuarial Valuation Date Actuarial Value of Assets (a) Acturial Accrued Liability (AAL) Entry Age (b) Excess Funding AAL (UAAL) (b-a) Funded Ratio (a/b) 1/1/12 $ 2,387,693 $ 1,735,238 $ (652,455) % 1/1/13 $ 2,387,693 $ 1,735,238 $ (652,455) % 1/1/14 $ 2,387,693 $ 1,735,238 $ (652,455) % 1/1/15 $ 2,387,693 $ 1,735,238 $ (652,455) % 1/1/16 $ 1,887,049 $ 1,026,718 $ (860,331) % Schedule of Employer Contributions Other Post Employment Benefits Annual Year Ended December 31 Required OPEB Cost Actual Contribution Percentage Contributed 2013 $ (285,570) $ (285,570) % 2014 (285,570) (285,570) % 2015 $ (207,877) $ (207,877) % (1) Required contribution at beginning of year. 83

7 Required Supplementary Information Modified Approach for Infrastructure Assets Weld County prepares an annual gravel road plan. In doing this each of the sections of gravel roads has been evaluated by supervisors. They use the State guidelines as out lined in Section (5)(a-b), C.R.S. 1973, which is stated below. Since gravel roads condition can change quickly based on weather conditions the road plan may have to be modified to take care of such problems. Therefore, an official road maintenance system is difficult to put in place. It is the County s policy to maintain the roads in fair or better condition. The County s gravel plan details the replacement and maintenance schedule required for the gravel roads, by segment, under ideal weather conditions based on traffic and location. The day to day conditions of the gravel roads is continually monitored by the County s Motor Grader division whose sole responsibility is to maintain the condition of the gravel roads, the following table details the condition assessment in total miles and percentage reported at the end of the last three fiscal periods Condition Miles % of Total Miles % of Total Miles % of Total Good 1, % 1, % 1, % Fair % % % Poor % % % Comparison of Estimated-to-Actual Maintenance/Preservation Estimated 3,132,000 3,132,000 3,360,875 2,696,700 3,703,900 3,784,840 Actual 2,683,326 3,696,246 3,131,555 3,067,408 3,628,316 Gravel Roads - Surface Condition Rating Criteria Section (5)(a-b), C.R.S. 1973, gives the following guidelines pertaining to the condition criteria on gravel roads. Good Surface Condition $ There is adequate width for safe passage of large vehicles. $ Graded to a uniform cross-section, having a crown and ditches to provide good drainage. $ The surface is smooth with no washboards, rutting or soft areas; vehicles can safely travel at the posted speed limit. $ There is adequate gravel uniformly spread across the surface. $ During periods of wet weather, roads will support traffic. Fair Surface Conditions $ Adequate width for safe passage of cars and pickup trucks. $ Cross-section may vary; the crown is not consistent; ditches and drainage are not adequate. $ The surface has occasional washboards and ruts but irregularities do not interfere with safe vehicle operation at the speed limit. $ Gravel is present, but lacking in the wheel paths or in short stretches. $ During periods of wet weather, puddles develop; the road is slippery but will support normal traffic. Poor Surface Condition $ Two cars cannot safely pass. $ Cross-section varies. There is no crown or ditches, and water does not drain from the road. $ The surface has washboards, ruts, soft areas; vehicles must slow to less than the speed limit. $ Gravel is sparse or does not exist. $ During periods of wet weather, cars cannot safely travel. 84

8 General Fund Schedule of Revenues, Expenditures and For the fiscal Year Ended December 31, 2015 Budgeted - GAAP Basis REVENUES Taxes: General property taxes $ 104,762,514 $ 104,762,514 $ 102,632,802 $ (2,129,712) Tobacco products 200, , ,150 93,150 Penalties & interest ,796 60,796 Total Taxes 104,962, ,962, ,986,748 (1,975,766) Licenses and Permits Liquor licenses 7,000 7,000 8,290 1,290 Planning permits 410, , ,762 (33,238) Building permits 1,850,000 2,450,000 2,252,491 (197,509) Electrical permits 600, , ,496 (61,504) Total Licenses and Permits 2,867,000 4,007,000 3,716,039 (290,961) Intergovernmental: Federal grants - 260, , ,012 Payment in lieu of taxes 2,000 2, , ,372 State grants 3,718,604 3,787,604 4,467, ,198 Other governmental units 521, , , ,306 Cities and towns 283, , ,320 30,780 Total Intergovernmental 4,525,407 4,854,407 6,567,075 1,712,668 Charges for Service: Plan checking fees 800, , ,768 (47,232) Charges for services 6,646,805 7,166,759 6,500,452 (666,307) Sale of supplies 120, , ,834 14,334 Parking 21,000 21,000 27,281 6,281 Total Charges for Service 7,588,305 8,158,259 7,465,335 (692,924) Fines and Forfeitures: Property forfeitures/evidence , ,845 Fines (drunk drivers) 172, , , ,794 Total Fines and Forfeitures 172, , , ,639 Miscellaneous: Miscellaneous 2,294,641 3,341,641 5,138,955 1,797,314 Interest 1,100,000 1,100,000 1,001,054 (98,946) Rents from buildings 533,023 1,433,023 1,573, ,359 Total Miscellaneous $ 3,927,664 $ 5,874,664 $ 7,713,391 $ 1,838,727 85

9 General Fund Schedule of Revenues, Expenditures and For the fiscal Year Ended December 31, 2015 Budgeted - GAAP Basis REVENUES (CONTINUED) Fees: Fee account $ 10,096,400 $ 10,546,400 $ 11,676,264 $ 1,129,864 Treasurer's fees 40,000 40,000 21,785 (18,215) Cable fees 52,000 52,000 71,766 19,766 Assessor's fees 40,000 40,000 32,715 (7,285) Total Fees 10,228,400 10,678,400 11,802,530 1,124,130 Total Revenues 134,271, ,707, ,964,257 2,256,513 EXPENDITURES General Government Office Of the Board 957, , ,429 (24,756) County Attorney 804,251 1,258,301 1,307,932 (49,631) Public Trustee - 3,500 3, Planning and zoning 1,700,842 1,704,042 1,666,737 37,305 Clerk to the Board 359, , ,862 (3,140) County Clerk 941, , ,642 50,843 Elections and registrations 965, , , ,346 Motor Vehicle 2,544,008 2,624,008 2,486, ,468 County Treasurer 1,016,736 1,021, , ,894 County Assessor 2,938,130 3,084,130 2,968, ,893 Maintenance of buildings/grounds 6,065,174 6,065,174 5,715, ,920 Weld Plaza - 640, ,866 (94,866) County Council 48,299 48,299 14,022 34,277 District Attorney 5,285,833 5,335,833 5,138, ,954 Juvenile Diversion 211, , ,435 4,967 Adult Diversion 73,538 73,538 65,185 8,353 Victim Assistance 720, ,059 1,424,354 (701,295) Financial administration 355, , ,057 18,815 General accounting 767, , ,936 (19,383) Purchasing 265, , ,241 2,686 Personnel 1,161,378 1,245,378 1,143, ,022 Geographical Information Systems 212, , ,487 54,395 Computer Services 5,524,456 5,996,456 5,273, ,120 Innovation & Technology Project 1,000, ,000 23,104 86,896 Print and Supply 370, , ,573 33,673 Bright Futures Weld County - 199,690 29, ,010 Smart Energy Project 1,290,605 1,290,605-1,290,605 Total General Government $ 35,581,648 $ 37,048,863 $ 34,124,220 $ 2,924,643 (CONTINUED) 86

10 General Fund Schedule of Revenues, Expenditures and For the fiscal Year Ended December 31, 2015 Budgeted - GAAP Basis EXPENDITURES (CONTINUED) Public Safety Sheriff administration $ 2,157,878 $ 4,527,366 $ 4,511,417 $ 15,949 Crime control and investigation 10,565,796 10,276,119 10,532,872 (256,753) Criminal justice 25,644,832 24,700,390 24,896,330 (195,940) Task Force 121, , ,430 (62,463) Regional Forensic Laboratory 359, , ,473 73,731 Communication Services 6,975,054 6,925,054 6,318, ,865 Justice Services 836, , , ,128 County Coroner 920, , ,942 44,754 Community Corrections 2,943,060 2,943,060 2,872,047 71,013 Building Inspections 1,326,473 1,451,473 1,453,530 (2,057) Office Of Emergency Management 328, , ,037 (16,427) Waste Water 10,000 10,000 9, Animal Control 308, , ,919 13,779 Pest/weed Control 918, , , ,732 Victim advocates 164, , ,533 21,290 Total Public Safety 53,581,571 55,317,925 54,659, ,386 Public Works: General Engineering 10,690,124 10,690,124 8,254,645 2,435,479 Extension 336, , ,471 (103,960) Veterans Office 83,620 90,620 89,053 1,567 Total Public Works 11,110,255 11,117,255 8,784,169 2,333,086 Public Health and Welfare: Mental Health 218, , ,160 14,933 Developmentally Disabled 38,225 38,225 38,225 - Seniors Program 19,000 19,000 19,000 - Economic Development 155, , ,460 (43,460) Total Public Health and Welfare 430, , ,845 (28,527) Culture and Recreation: Missile Site Park 78,051 81,051 66,244 14,807 Parks and Trails 29,000 29,000 29,000 - County Fair 134, ,114 1,169,784 (1,023,670) Total Culture and Recreation $ 241,165 $ 256,165 $ 1,265,028 $ (1,008,863) 87

11 General Fund Schedule of Revenues, Expenditures and For the fiscal Year Ended December 31, 2015 Budgeted - GAAP Basis EXPENDITURES (CONTINUED) Miscellaneous: Other $ 4,065,275 $ 4,745,275 $ 4,898,668 $ (153,393) Pension Contribution 25,000,000 25,000,000 25,000,000 - Building Rents 112, ,319 70,131 42,188 Total Miscellaneous 29,177,594 29,857,594 29,968,799 (111,205) Capital Outlay: Capital Expenditures 3,978,185 2,868,035 2,464, ,993 Total Expenditures 134,100, ,896, ,724,642 5,171,513 Other Financing Sources (Use) Transfers - In: Non-Departmental 85,000 85,000 85,000 - Transfers - Out: Appropriation Grants-In-Aid 4,332,647 6,832,647 6,832,647 - Total Other Financing Source (uses) (4,247,647) (6,747,647) (6,747,647) - Net Change in Fund Balance (4,076,593) (4,936,058) 2,491,968 7,428,026 Fund Balance at Beginning of Year 23,478,696 23,478,696 23,478,696 - Fund Balance at End of Year $ 19,402,103 $ 18,542,638 $ 25,970,664 $ 7,428,026 88

12 89

13 Public Works Fund Schedule of Revenues, Expenditures and For the Fiscal Year Ended December 31, 2015 Budget - GAAP Basis REVENUES: Taxes: General property taxes $ 16,500,000 $ 16,500,000 $ 16,286,884 $ (213,116) Severance tax 4,000,000 4,000,000 4,821, ,922 Specific ownership taxes 7,400,000 7,400,000 9,598,636 2,198,636 Penalties & interest - - 8,648 8,648 Total Taxes 27,900,000 27,900,000 30,716,090 2,816,090 Licenses and Permits Moving Permits 500, , ,508 43,508 Intergovernmental: Grazing Act 70, , ,108 (20,892) Payment in lieu of taxes 330, , ,200 (150,800) Grants 15,548,000 16,248,000 6,386,169 (9,861,831) Motor Vehicle Registrations 340, , ,123 (13,877) Highway user Tax fund 9,700,000 9,700,000 10,397, ,410 Total Intergovernmental 25,988,000 26,988,000 17,638,010 (9,349,990) Charges for Services: Charges for services - - 2,006,928 2,006,928 Miscellaneous: Earnings on Deposits ,123 61,123 Special Assesment - - 3,333 3,333 Royalties 16,000,000 16,000,000 11,330,119 (4,669,881) Miscellaneous 2,925,000 4,445,000 4,584, ,630 Total Miscellaneous 18,925,000 20,445,000 15,979,205 (4,465,795) Fees: Fees - - 1,547,820 1,547,820 Total Revenues 73,313,000 75,833,000 68,431,561 (7,401,439) 90

14 Public Works Fund Schedule of Revenues, Expenditures and For the Fiscal Year Ended December 31, 2015 Budget - GAAP Basis EXPENDITURES Public Works Bridge Construction 5,698,738 5,433,738 4,688, ,915 Maintenance of Condition 7,485,849 7,485,849 6,601, ,215 Maintenance of Support 1,695,230 1,750,230 1,511, ,442 Trucking Division 4,935,968 5,235,968 4,942, ,449 Mining Division 2,399,158 2,608,658 2,084, ,630 Administration 666, , ,314 (101,927) Pavement Management 7,174,323 7,219,323 6,700, ,289 Other Public Works 69,367,105 71,217,105 46,934,765 24,282,340 Total Public Works 99,422, ,792,258 74,406,905 27,385,353 Intergovernmental: Grants-in-aid to cities/towns 4,674,091 4,774,091 2,382,135 2,391,956 Capital Expenditures 6,500 6, ,086 (207,586) Total Expenditures 104,103, ,572,849 77,003,126 29,569,723 Net Change in Fund Balances (30,790,349) (30,739,849) (8,571,565) 22,168,284 Fund Balance at Beginning of Year 79,042,734 79,042,734 79,042,734 - Fund Balance at End of Year $ 48,252,385 $ 48,302,885 $ 70,471,169 $ 22,168,284 91

15 Social Services Fund Schedule of Revenues Expenditures and For the Fiscal Year Ended December 31, 2015 Budget - GAAP Basis REVENUES Taxes: General property taxes $ 8,438,837 $ 8,438,837 $ 8,292,608 $ (146,229) Penalties & interest - - 5,411 5,411 Total Taxes 8,438,837 8,438,837 8,298,019 (140,818) Intergovernmental: Welfare 23,902,000 26,920,000 24,810,497 (2,109,503) Total Revenues 32,340,837 35,358,837 33,108,516 (2,250,321) EXPENDITURES Public Health and Welfare: Administration 8,746,700 9,936,700 9,415, ,551 Administrative - IV-D 3,111,900 3,111,900 3,163,939 (52,039) Food Stamps - - (251) 251 Other Programs 579, , ,163 (160,963) General Assistance ,652 (64,652) TANF 3,912,600 3,912,600 2,815,251 1,097,349 AND - State 130, , ,758 (8,758) Child Welfare 12,740,000 15,090,000 15,212,368 (122,368) Day Care 984, , ,031 31,469 (CONTINUED) 92

16 Social Services Fund Schedule of Revenues Expenditures and For the Fiscal Year Ended December 31, 2015 Budget - GAAP Basis EXPENDITURES(CONTINUED): OAP-A 98, , , Core Services 1,068,000 1,068,000 1,022,415 45,585 Administration - LEAP 200, , ,147 80,853 Total Public Health and Welfare 31,570,900 35,128,900 33,760,187 1,368,713 Capital Expenditures - - 9,429 (9,429) Total Expenditures 31,570,900 35,128,900 33,769,616 1,359,284 Other Financing Sources Uses Net Change in Budgetary Fund Balances 769, ,937 (661,100) (891,037) Fund Balance at Beginning of Year 3,610,054 3,610,054 3,610,054 - Fund Balance at End of Year $ 4,379,991 $ 3,839,991 $ 2,948,954 $ (891,037) 93

17 Human Services Fund Schedule of Revenues, Expenditures and For the Fiscal Year Ended December 31, 2015 Budget - GAAP Basis REVENUES Intergovernmental: Federal grants $ 6,046,618 $ 6,653,618 $ 6,620,244 $ (33,374) State grants 1,216,506 1,216,506 1,374, ,393 Total Intergovernmental 7,263,124 7,870,124 7,995, ,019 Charges for Services: Charges for services 396, , ,136 24,136 Total Charges for Services 396, , ,136 24,136 Miscellaneous: Donations 150, , ,542 (11,458) Miscellaneous - - 4,608 4,608 Total Miscellaneous 150, , ,150 (6,850) Total Revenues 7,809,124 8,416,124 8,558, ,305 EXPENDITURES Economic Assistance: Human resources general fund - - (8,005) 8,005 Job service 939,000 1,039,000 1,210,208 (171,208) Summer job hunt 30,000 30,000 39,999 (9,999) Employment first - 270, ,000 TANF - - 1,117 (1,117) WIOA ,384 (248,384) WIA administration 182, ,000 7, ,028 WIA adult programs 852, , ,343 28,532 WIA youth programs 690, , ,916 36,084 WIA dislocated worker 500, , ,157 54,843 Human resources lab pool 350, , , ,887 UI training program 195, ,000 75, ,429 94

18 Human Services Fund Schedule of Revenues, Expenditures and For the Fiscal Year Ended December 31, 2015 Budget - GAAP Basis EXPENDITURES (CONTINUED): Area Agency On Aging ,582 (12,582) AAA administration 92,500 92,500 82,991 9,509 OAA title III-B 219, , ,043 40,916 OAA title III-C1 congregate 531, , ,627 41,019 OAA title III-C2 75, , ,793 (21,293) OAA in home support 27,200 27,200 10,064 17,136 Health services 30,000 30,000 21,601 8,399 AAA elder abuse 2,027 2,027 2,228 (201) AAA ombudsman 6,958 10,458 9,368 1,090 Single entry point 1,820,000 1,850,000 1,835,085 14,915 Vale Grant 9,659 9,659 9,789 (130) AAA case management ,206 (20,206) AAA state funds 871, , ,964 (78,632) Part E family caregiver support 88,629 88,629 80,086 8,543 CSBG 303, , ,371 (3,196) Colorado Choice Transitions 4,515 4,515 5,849 (1,334) Total Economic Assistance 7,821,475 8,428,475 8,062, ,053 Total Expenditures 7,821,475 8,428,475 8,062, ,053 Other Financing Sources (Uses): Transfers - In: OAA area agency 12,351 12,351 12,351 - Total Other Financing Sources 12,351 12,351 12,351 - Net Change in Budgetary Fund Balances , ,358 Fund Balance at Beginning of Year 758, , ,892 - Fund Balance at End of Year $ 758,892 $ 758,892 $ 1,267,250 $ 508,358 95

19 Contingent Fund Schedule of Revenues, Expenditures and For the fiscal year ended Year Ended December 31, 2015 Budgeted REVENUES Taxes: General property taxes $ - $ - $ (254,623) $ (254,623) Penalties & interest - - 5,626 5,626 Total Taxes - - (248,997) (248,997) Total Revenues - - (248,997) (248,997) EXPENDITURES Pension Contribution 10,000,000 28,300,000 26,150,000 2,150,000 Total Expenditures 10,000,000 28,300,000 26,150,000 2,150,000 Other Financing Sources (Uses) Transfers - Out Other - - 2,000,000 2,000,000 Total Other Financing Sources (Uses) - - (2,000,000) (2,000,000) Net Change in Fund Balance (10,000,000) (28,300,000) (28,398,997) (98,997) Fund Balance at Beginning of Year 34,988,751 34,988,751 34,988,751 - Fund Balance at End of Year $ 24,988,751 $ 6,688,751 $ 6,589,754 $ (98,997) 96