Underprovisionsofstatelaw,this reportisapublicdocumenta copyofthereportha:~ber,submittedtotheaudited,orevi.:_,v,x:d,

Transcription

1 /J roficial~, FILECOPY.L (X~xn~s~ary c~iesfr~t~ C"~pyandPLACE t~,a,ckinfil]l'j FinancialReport LivingstonCouncilonAging DenhamSpringșLouisiana June30,198 Underprovisionsofstatelaw,this reportisapublicdocumenta copyofthereportha:~ber,submittedtotheaudited,orevi.:_,v,x:d, entityandotherap.[:;i'o!:.~igj,)p!~.:ic oficials,lt~ercpo~lis~,w~ilc,i:,:;:~fol Rougeofice(fthoL.{-gis!~tiv~:/V,:~itorand,whG,'.,'~;~propri:~i:(~,atl:he oificeofther)~rishclerko~cou'~t. ReleaseDate~.'V;~.~)1.,~98

2 TABLEOFCONTENTS LivingstonCouncilonAging FinancialReport DenhamSprings,Louisiana i.independentauditor'sreport June30,198 2.REPORTONCOMPLIANCEANDONINTERNALCONTROLOVER 1 FINANCIALREPORTINGBASEDONANAUDITOFFINANCIAL STATEMENTSPERFORMEDINACORDANCEWITHGOVERNMENT 3.REPORTONCOMPLIANCEWITHREQUIREMENTSAPLICABLE AUDITINGSTANDARDS 3 TOEACHMAJORPROGRAMANDONINTERNALCONTROLOVER 4.GENERALPURPOSEFINANCIALSTATEMENTS: COMPLIANCEINACORDANCEWITHOMBCIRCULARA-13 5 CombJnedBalance AcountGroup(s)Shet-AlFundTypesand CombinedStatementofRevenues,Expenditures 4 andchangesinfundbalance-algovernmental FundTypes StatementofRevenues,ExpendituresandChanges infundbalances-budget(gapbasis)and Actual-GeneralFundType 5.SUPLEMENTARYFINANCIALINFORMATION ~NotestoFinancialStatements i ScheduleI- Expenditures, GeneralFund ScheduleofProgramRevenues, andchangesinfundbalance- ~. 35 Schedule3-ScheduleofProgramExpenditures- Budgetvs.Actual-ContractsandGrantsProvided ThroughtheGovernor'soficeofElderlyAfairs 37

3 TitleI, Schedule4 Schedule5-ComparativeScheduleofGeneral Servic.es FixedAsetsandChangesinGeneralFixedAsets Schedule6-ScheduleofExpendituresof 41 6.SCHEDULEOFINDINGSANDQUESTIONEDCOSTS FederalAwards 42 7.SUMARYSCHEDULEOFPRIORAUDITFINDINGS MANAGEMENT'SCORECTIVEACTIONPLAN 47

4 B[)CIEIYOFLO[JI~IANACr~As MFMEI(I~l~JIiIE 1481OLDHAMONDHIGHWAY,SUITE4 NElLG.FERRARI BATONROUGE,LOUISIANA70816 CERTIFIEDPUBLICAC0UNIAN1 P~IONE(504) AMERICANINS1IEOrCt~As MEMBEltO~1lIE INDEPENDENTAUDITOR'S_REPORT TotheBoardofDirectors, LivingstonCouncilonAging DenhamSprings,Louis]ana. statementsofthelivingstoncouncilonaging,denhamsprings, Louisiana,asofandfortheyearendedJune30,198,aslistedin Ihaveauditedtheacompanyinggeneralpurposefinancial thetableofcontents.thesegeneralpurposefinancialstatements aretheresponsibilityofthecouncil'smanagement.my responsibilityistoexpresanopiniononthesegeneralpurpose financialstatementsbasedonmyaudit. auditingstand containedinardsandstandardsaplicableto Iconductedmyauditinacordancewithgeneralyacepted ComptrolerGenera]oftheUnitedStates.Thosestandards requjrethatiplanandperformtheaudittoobtainreasonable GovernmentAuditing_Standgrds,financialaudits isuedbythe asuranceaboutwhetherthegeneralpurposefinancialstatements arefreofmaterialmistatement.anauditincludesexamining,on atestbasis,evidencesuportingtheamountsanddisclosuresin thegeneralpurposefinancialstatements,anauditalsoincludes asesingtheacountingprinciplesusedandsignificantestimates madebymanagement,aswelasevaluatingtheoveralgeneral purposefinancialstatementpresentation.ibelievethatmyaudit providesareasonablebasisformyopinion. referedtoabovepresentfairly,inalmaterialrespects,the fjnancia]positionofthelivingstoncouncilonaging,denham Inmyopinion,thegeneralpurposefinancialstatements Springs,Louisiana,asofJune30,198,andtheresultsofits operatjonsfortheyearthenendedinconformitywithgeneraly aceptedacountingprinciples.

5 isuedareport(sepage3)datedseptember4,198,onmy considerationofthelivingstoncouncilonaging'sinternalcontrol InacordancewithGovernmentAuditinqStandards,I]lavealso overfinancialreportjngandmytestsofitscompliancewith certainprovisionsoflaws,regulations,contracts,andgrants. genera]purposefinancialstatementsofthelivingstoncouncilon Aging,DenhamSprings,Louisiana,takenasawhole.The Myauditwasmadeforthepurposeoforminganopiniononthe acompanyingfinancialinformationlistedassuplementary financialinformationinthetableofcontentsispresentedfor purposesofaditionalanalysisandisnotarequiredpartofthe genera]purposefinancialstatements.theacompanyingscheduleof expendituresoffederalawardsispresentedforpurposesof aditionalanalysisasrequiredbytheu.s.oficeofmanagement andbudgetcirculara-13,auditsofstateslocalgovernments,and Non-ProfitOrqanizationsandisalsonotarequiredpartofthe generalpurposefinancialstatements.suchinformationhasben subjectedtotheauditingproceduresapliedjntheauditofthe generalpurposefinancialstatementsand,inmyopinion,isfairly statedinalmaterialrespectsinrelationtothegeneralpurpose financialstatementstakenasawhole. BatonRouge,Louisiana September4,198.

6 (.4(I(]l]YDIl(')lIlgtANACI~AB fvle:mld~ftor]tie 1481OLDItAMONDIGItWAY,~tJITE4 NElLG.FERRARI FIAT()NfqOLJGE,LOUISIANA7OB13 CER1FI[~DPUBLICACOtJNI"ANI MEM(~"It6~r7tIE PI10NE(504) AMEtI(]~ANINnI!I[Ot(;PA!~ REPORTONCOMPLIANCEANDONINTERNALCONTROl, WITHGOVERNMENTAUDITINGSTANDARDS TotheBoardofDirectors, LivingstonCouncilonAging DenhamSprings,Louisiana. LivingstonCouncilonAging,DenhamSprings,Louisiana,asofan fortheyearendedjude30,198,andhaveisuedmyreportthereo I]laveauditedthegeneralpurposefinancialstatementsofth datedseptember4,198.iconductedmyauditinacordancewit gen tois eralyaceptedauditingstandardsandthestandardsapljcabl financialauditscontainedingovernmentauditingstandards Compliance uedbythecomptrolergeneraloftheunitedstates. ednhe LivingstonCouncilonAging'sgeneralpurposefinancialstatements arefreofmaterialmistatement,iperformedtestsofits Aspartofobtainingreasonableasuranceaboutwhetherthe compliancewithcertainprovisionsoflaws,regulations,contracts, andgrants,noncompliancewithwhichcouldhaveadirectand materialefectonthedeterminationoffinancialstatement amounts.however,providinganopiniononcompliancewiththose provisionswasnotanobjectiveofmyauditand,acordingly,ido Dotexpressuchanopinion.Theresultsofmytest~disclosedno instancesofnoncompliancethatarerequiredtobereportedunder GovernmentAud~_t~_~Standards.

7 InternalControlOverFinancialRemortinm LivingstonCouncilonAging'sinternalcontroloverfinancial reportinginordertodeterminemyauditingproceduresforthe Inplaningandperformingmyaudit,Iconsideredthe purposeofexpresingmyopiniononthegeneralpurposefinancial statementsandnotoprovideasuranceontheinternalcontrol overfinancialreporting.myconsiderationoftheinternalcontrol overfinancialreportingwouldnotnecesarilydisclosealmaters intheinternalcontroloverfinancialreportingthatmightbe materialweakneses.amaterialweaknesisaconditioninwhich thedesignoroperat]onofoneormoreoftheinternalcontrol componentsdoesnotreducetoarelativelylowleveltheriskthat mistatementsinamountsthatwouldbematerialinrelationtothe financialstatementsbeingauditedmayocurandnotbedetected withinatimelyperiodbyemployesinthenormalcourseof performingtheirasignedfunctions.inotednomatersinvolving theinternalcontroloverfinancialreportinganditsoperation thaticonsidertobematerialweakneses. boardofdirectors,management,federalawardingagencies,the LegislativeAuditoroftheStateofLouisiana,andtheLouisiana ThisreportisintendedfortheinformationoftheCouncil's Governor'sOficeofElderlyAfairs.However,thisreportisa materofpublicrecordanditsdistributionisnotlimited. BatonRouge,Louisiana September4,198.

8 MEMBEI~OF]HE ~(][~IE1YOfIO[I~IA~A~pA~ NElLG.FERRARI CEBIFIEDPUBLICACOUN1ANX 1481OLDtAMONDtlIGHWAY,SLITE4 BATONROUGE,LOUISIANA7OB1B PIlONE(504] REPORTONCOMPLIANCEWITHREQUIREMENTS APLICABLETO CONTROLOVER MEMt-~EIt[][1t4E AMFI~DANINSI~OF[;~A!~ EACHMAJORPROGRAMANDONINTERNAL COMPLIANCEINACORDANCEWITHOMB CIRCULARA-13 TotheBoardofDirectors, LivingstonCouncilonAging DenhamSprings,I.ouislana. ComplJaD_ce IhaveauditedthecomplianceoftheLivingstonCouncil Aging,DenhamSprings requirementsdescribed ~OMBJ.circularA-13C,Louisianawiththetypesofeomplan intheu.s.oficeofmanaqementandbudg ompliancesuplementthatareaplicable eachofitsmajorfederalprogramsfortheyearendedjune3 ]98.TheLivingstonCouncilonAging'smajorfederalprogramsa identifiedinthesumaryofauditor'sresultssectionoft acompanyingscheduleofindingsandquestionedcosts.complian withtherequirementsoflaws,regulations,contractsandgran aplicabletoeachofitsmajorfederalprogramsist responsibilityofthelivingstoncouncilonaging'smanagement. responsibilityistoexpresanopiniononthelivingstoncounc onagjng'scompliancebasedonmyaudit. once_eto0,rehecetshemyi1 ]conductedmyauditofcomplianceinacordancewith generalyaceptedauditingstandards;thestandardsaplicableto financialauditscontainedjngovernmentauditinqstandards,isued bythecomptrolergeneraloftheunitedstates;andombcircular A-]3,AuditsofStatesLocalGovernments,andNon-Profit Organizations.ThosestandardsandOMBcircularA-]3requirethat Iplanandperformtheauditobtainreasonableasuranceabout whethernoncompliancewiththetypesofcompliancerequirements referedtoabovethatcouldhaveadirectandmaterialefecton amajorfederalprogramocured.anauditincludesexamining,on atestbasis,evidenceaboutthelivingstoncouncilonagjng's compliancewiththoserequirementsandperformingsuchother proceduresasiconsiderednecesaryinthecircumstances.i believethatmyauditprovidesareasonablebasisformyopinion. MyauditdoesnotprovidealegaldeterminationoftheLivingston CouncilonAglng'scompliancewiththoserequirements.

9 almaterialrespects,withtherequirementsreferedtoabovethat Inmyopinion,theLivingstonCouncilonAgingcomplied,in areaplicabletoeachofitsmajorfederalprogramsfortheyear endedjune30,198. InternalControlOverCompl responsibleforestablishingandmaintainingefective~nternal controlovercompliancewithrequirementsoflaws,regulations, ThemanagementoftheLivingstonCounc]1onAgingis contractsandgrantsaplicabletofederalprograms.inplaning andperformingmyaudit,iconsideredthelivingstoncouncilon Aging'sinternalcontrolovercompliancewithrequirementsthat couldhaveadirectandmaterialefectonamajorfederalprogram inordertodeterminemyauditingproceduresforthepurposeof expresingmyopiniononcomplianceandtotestandreporton internalcontrolovercomplianceinacordancewithombcirculara- 13. boardofdirectors,management,federalawardingagencies, LouisianaGovernor'soficeofElderlyAfairs,andtheLegislative ThisreportisintendedfortheinformationoftheCouncil's AuditoroftheStateofLouisiana.However,thisreportisa materofpublicrecordanditsdistributionisnotlimited. BatonRouge,Louisiana September4,398.

10 ExhibitA COMBINEDBALANCESHET-ALFUND]YPESANDACOUNTGROUP LivingstonCouncilonAging DenhamSprings,Louisiana WithComparativeTotalsfortheYearEndedJune30,197 June Governmental FundTypes ASETSANDO1HERDEBlS General Special Revenue Acount Group General Asets Fixed (MemorandumOnly) Totals Asets: Cash Investments,atcost Grantsandcontractsreceivable $43,807$ Acountsreceivable Prepaidexpenses 156,356O $52,652$ DuefromSpecialRevenuefunds 2, ,356 Restrictedasets: 13,317 24, Fixedasets Cash Depositowardsvehiclepurchase 0 Totalasets $342,294 6,80 3,03 O000 2, ,725 13,317 19,594 16,017 1,27168 LIABILITIES.FUNDEQUIqiY,ANDOltIERCREDITS -= $35,910$ 0 273,68 0 3,03 5,28 ~ = 273,68 273,68 6,80 2,t45 5,865 = $651,672 = $634, ,651 ~=~= Liabilities: Acountspayable Payroltaxwitholdingsandacruals DuetoGeneralFund $ Advancesfromfundingagencies $237$ Depositescrow-utilityasistance 0 Totaliabilities 19,594 1,356 8, ,286 i , ,032 5,568t0 1,084 FundEquityandOtherCredits: Fundbalances: [~eser~edfor: Depositowardvehiclepurchase Prepaidexpenses Investmentingeneralfixedasets Utilityasistance Unreserved-undesignated 13,3170 6,80 ]otalfundequityandothercredits 20,584O 3,03 4, O 13, , ,03 231,481 16,0162,045 5,865 Totaliabilities,fundequityand , ,68621,840623, othercredits $342,294$ -~:==85.910$273,68$651,872$634,142 lheacompanyingnotesareanintegralpartolthistatement

11 REVENUES Intergovetnment~l Publicsuport Programservicefes investmentincome Miscelaneous In-kindcontributions EXPENDITURES "~otalexpenditures COMBINEDSTATEMENTOFREVENUES.EXPENDI3"URESANDCHANGESINFUNDBALANCES ALGOVERNMENTALFUNDTYPES LivingstonCouncilonAging DenhamSpringșLouisiana Forthey(,arendedJune30,19 WithComparativeTotalsfortheYearEndedJune30,197 Excesofcevenuesover(under)expenditures OTHERFINANCINGSOURCES(USES Excesofrevenuesandothersourcesover (under)expendituresandotheruses FUNDBALANCES Beginingofyear Endofyear $1,79$ 5,60 13,090 15, , ,28130g66, t (26,627) 347,203 $340,701 The~companyingnotes~re~nintegralpartofthistatement. Bpeial Revenue 486,372 40,169 4, ,153 58, , ) ExhibitB Totals (MemorandumOnly) $50,151$ 45, , , , ,230 1, , lgs,g2 2,081 1,356 60,237 17,781 28, ,565 4,102 9, ,270607,242 (7,235)(1,20) 90,74 96,7472,067 72,067) 8,304 $7,471 35,407 $348,172 36,607 $35.407

12 REVENUES Intergovelnlenla~ Publicsuport Plogt~mset,ice1es Investmentincome Miscelaneous In-kindcontributions Totalrevenues EXPENDITURES Curent: Salaries Fringe Travel Operalingservices Operatingsuplies Othercosts Meals Capitaloutlay Utilhyasistance In-kindexpenses Totalexpenditures STATEMENTOFREVENUEB,EXPENDITURESANDCHANGESINFUNDBALANCE BUDGET(GAPBASIS)ANDACTUAL-GENERALFUNDTYPE Excesofrevenuesover(under)expenditures OTHERFINANCINGSOURCES(USES Operatingtransfersin Operatingtransfersout LivingstonCouncilonAging DenhamSprings,Louisian~ FortheyearendedJune Excesofrevenuesandothersourcesover(under expendituresandotheruses FUNDBALANCE Beginingofyear Endofyear BudgetActual 1,79 7,842 13, ,510 08, O 5,272 1,250 1,285O 1t,739B $~,795,60 13,09g 15, , , ,964 1, , ,072 87, ,79)(26.627) (6,502)$ $35,17 Theacompanyingnotesareanintegralpertofthistatement 9 347,203 $340,701 ExhibitC Variance- Favorable (Unfelvorable O (2,242)(30) 6,25457 (6,436) -=

13 REVENUES Intelgovernmental Publicsuport Programservicefes Investmentincome In-kindcontributions Totalrevenues EXPENDITURES Curent: Salaries Fringe Iravel Operatingservices Operatingsuplies Othercosts Meals Capitaloutlay Utility~lsistance Inkindexpenses STATEMENTOFREVENUES,EXPENDITURESANDCHANGESINFUNDBALANCE BUDGE~(G,t'.,APBASIB)ANDAC'[UAL-~PECIALF~EVENUEFUND]~(PE 1oralexpenditures Exceso1[ever~uesove~{Lnde[)expe~ditures OTHERFINANCINGSOURCES(USES) Operatinghonsfe~sin Operatingtrensfefsout LivingstonCouncilonAging DenhamSprings,Louisiana FortheyearendedJune30,198 Excesofrevenuesandothersourcesover(under expendituresandotheruses FUNDBALANCES Beginingofyet~t Endofyear Budget Variance- F~vor~ble Actuel(Unfavorable $48,372$~,845) ,169 12,31~ 4,10 4, , ,305 (1,65) 235,034 30,039 1,032 73,672 21,029 34, ,863 1,524 10,10 25, , , ,074 16,295) (3.503) (27,350) 196,74 170,147) 4,493 2, , ,324 9, , ,587 17, (3.852) (73)$ ,204 8,204 $(25,29)$7,471 Thecornpanyingnotesareanintegralpartofthistatement. 10

14 NOTESTOFINANCIALSTATEMENTS ExhibitE LivingstonCouncilonAging DenhamSprings,Louisiana Notei-SumarvofSignificantAcountinqPolicies June30,198 a.reportingentity: ]in1964,thestateoflouisianapasedact456which authorizedthecharterofvoluntarycouncilsonaging forthewelfareoftheagingpeopleintheirespective parishes.chartersare~suedbythelouisiana SecretaryofStateuponaprovalbytheLouisiana Governor'soficeofElderlyAfairs.TheLivingston CouncilonAgingisanon-profit,quasi-pubIic corporation,whichmustcomplywithcertainfinancial andadministrativepoliciesandregulationsestablished bythelouisianagovernor'soficeofelderlyafairs andthestateoflouisiana. TheprimaryfunctionoftheLivingstonCouncilonAging istoimprovethequalityoflifefortheparish's elderlyandtoprovideservicestotheelderlyaswel ascordinateandmonitortheservicesofotherlocal agencieservingtheagingpeopleoftheparish.such servicesincludeprovidingmeals,nutritionaleducation, informationandasistanceservices,legalasistance, casemanagement,outreach,in-homeservices,operating seniorcenters,andtransportation.aboardof Directors,consistingof18voluntarymembers,whoserve thre-yearterms,governsthecouncil. TheLivingstonCouncilonAgingisnotacomponentunit ofanotherprimarygovernmentnordoesithaveany componentunitswhicharerelatedtoit.thecouncil haspresenteditsfinancialstatementsasaseparate special-purposegovernment. Ii

15 ExhibitE Note1-SumarvofSignificantAcountingPolicies continued b.presentationofstatements: -(continued) InAprilof1984,theFinancialAcountingFoundation principlesandreportingstandardswithrespectto establishedthegovernmentalacountingstandardsboard activitiesandtransactionsofstateandlocal (GASB)topromulgategeneralyaceptedacounting governmen Financial subsequentgasbpronouncementsarerecognizedas isueda talentities. Codification ReDortinoSt ofgovernmentalacountingand generalyaceptedacountingprinciplesforstateand andards.thiscodlficatjonand InNovember,1984,theGASB localgovernments. Theacompanyingfinancial generalyaceptedacounting localgovernments. incorporatedanyaplicablerequirementssetforthby These principlesforstateand AuditsofStateandLocalGovernmentalUnits,the statementsconformto statementshavealso industryauditguideisuedbytheamericaninstituteof CertifiedPublicAcountants;SubsectionVI-Anual FinancialReporting,acounting Governor'sOficeofElderlyAfairs theuisian manualforthe Contractors;and, c.fundacounting: e. TheacountsoftheCouncilareorganizedonthebasis ofundsandacountgroups,eachofwhichisconsidered aseparateacountingentity.theoperationsofeach fundareacountedforwithaseparatesetofselfbalancingacountsthatcompriseitsasets, liabilities,equity,revenues,andexpenditures,or 12

16 ExhibitE Note]-SumarvofSiunificantAcountin~Policies continued c.fundacounting:-(continued) -(continued) purposeforwhichtheyaretobespentandthemeansby expenses,asapropriate.resourcesarealocatedto whichspendingactivitiesarecontroled.thevarious andacountedforinindividualfundsbaseduponthe genericfundtypesandonebroadfundcategory(acount group). fundsaregroupedinthesefinancialstatementsintotwo Governmentalfundsareusedtoacountforalormost ofthecouncil'sgeneralactivities,includingthe colectionanddisbursementofspecificorlegaly restrictedmonies,theacquisitionofixedasets,and theservicingofgenerallong-termdebt. Thegovernmentalfundsandthe aspresentedinthefinancial asfolows: programscomprisingthem statementsaredescribed ~GeneralFund TheGeneralFundisthegeneraloperatingfundof thecouncil.itisusedtoacountforal financialresourcesexceptthoserequiredtobe acountedforinanotherfund. discretionaryfundsareacountedforandreported acordingtothesource(federal,stateorlocal) These fromwhichtheyarederived. GeneralFund: ThefolowingproqramscomprisetheCouncil's Revenues,suchas,unrestrictedonationsfromthe Local generalpublic,interestincomeearnedon unrestrictedfundbalances,andnetprocedsfrom thesaleoffixedasets,havebenrecordedinthe arenotchargeabletospecificprogramsbecauseof budget]imitations,orbecauseoftheirnature,are localprogramofthegeneralfund.expenseswhich recordedaslocalprogramexpenditures. 13

17 ExhibitE Notei-SumaryofSignificantAcountin~Policies c.fundacounting:-(continued) -(continued) continued ~GeneralFund-(continued) PCOAfundsareapropriatedfortheCouncilbythe PCO% LouisianaLegislatureandremitedtotheCouncil viathegovernor'soficeofelderlyafairs.the Councilmayusethese"Act735"fundsatits discretionprovidedtheprogramisbenefitingpeople whoareatleast60yearsold.infiscalyear198, thecounciltransferedthepcoafundstothetitle programcosts. IBfundtoprovideaditionalfundstopayfor TheTransportationprogramoftheGeneralFund Transportation acountsforrevenuesearnedunderacontractwith theoficeoffamilysuportandtheexpenses incuredtoproducethoserevenues.thisprogram providestransportationservicestopeoplewhoned ~SpecialRevenueFunds aridetoandfromatrainingfacility. SpecialRevenueFundsareusedtoacountforthe procedsofspecificrevenuesources(otherthan specialasesmentsandmajorcapitalprojects) thatarelegalyrestrictedtoexpendituresfor specifiedpurposes.alargepercentageofthe Council'specialrevenuefundsareTitleIfunds. ThesefundsareprovidedbytheUnitedStates DepartmentofHealthandHumanServices AdministrationonAgingthroughtheGovernor's OficeofElderlyAfairswhichinturn"pases through"thefundstothecouncil. 14

18 ExhibitE NoteI-Sum9ofSionificantAcountingPolicie c.fundacounting:(continued) -(continued) continued ~SDecialRevenueFunds ThefolowingfundscomprisetheCouncil'sSpecial -(continued) RevenueFunds: Section531fundsarefundsprovidedbytheUnited Section531Fund StatesDepartmentofTransportationthroughthe LouisianaDepartmentofTransportationand Developmentwhichinturnpasesthesefundstothe CouncilviatheLivingstonParishCouncil.Funds earnedandreceivedbythecouncilarebasedon actualoperatingcostsofprovidingtransportation servicestoruralresidentswithinlivingston Parish.Aspartofcalculatingtheoperatingcosts ofthisprogram,thecouncilmayaportionsomeof thein-kindcontributionsitreceivesasalowable transportationexpenses.thisprovisionresultsin thecouncilreceivingcashreimbursementforcosts whichdidnotrequirethecounciltospendcash. FEMAFund TheFEMAfundisusedtoacountforthe administrationofaprogramwhichpurposeisto suplementfodandshelterasistanceto receivingany.duringtheyearthecouncilusedthe individualswhomightcurentlybereceiving FEMAfundstoprovide6,970aditionalhomedeliveredmeals.Fundswerealsousedtopurchase asistance,aswelastoasisthosewhoarenot weredistributedtonedyfamiliesandthelocal fodwhichwasusedtomake70boxesofodthat WayofAmericawhichinturnpasesthroughthe fodbank.fundsareprovidedbythefederal EmergencyManagementAgency(FEMA)throughtheUnited theparish'slocalunitedwayagencyasiststhe CouncilinobtainingFEMAfundsfromUnitedWay's fundstothecouncil.alocalboardworkingwith nationalofice. 15

19 ExhibitE continued Sumar~ofSiqnificantAcountinqPolicies-(continued) c.fundacounting ~SpecialRevenueFunds TheTitleIlBFundisusedtoacountforfunds TitleIBFund whicharetoprovideavarietyofsuportive services,suchas;informationandasistance, homemakerservices,outreachservices,chore services,legalservices,casemanagement,senior centeroperation,andtransportationforpeopleage 60orolder. RevenuesgeneratedbyperformingMedicaidenrolment servicesusingtitleibgrantfundshaveben reportedwithinthetitleibfundasprogram servicefes.thisrevenuehasbenusedtoofset thecostsasociatedwithgeneratingtherevenues. TheTitleICAreaAgencyAdministrationFundis TitleICAreaAmencvAdministrationFund usedtoacountforsomeofthecostsof administratingthespecialprogramsfortheaging. Thesefundsarealocatedtohelppayforthe administrativecostsasociatedwithoperatingthe TitleIandSeniorCenterprograms. TheTitleIC-i TitleIC-iFund whichareusedt mealstothee centers.during oprovidenutritional,congregate Fundisusedtoacountforfunds mealstopeople Iderlyinstrategicalylocated theyearthecouncilserved34,87 program. eligibletoparticipateinthis TitleIC-2Fundisusedtoacountforfunds itleic-2fund whichareusedtoprovidenutritionalmealstohomeboundolderpersons.usingtitleic-2fundsthe Councilserved29,630meals(notincludingthemeals paidforwithfemafunds)duringtheyeartopeople eligibletoparticipateinthisprogram. 16

20 ExhibitE Notei-SumarvofSignificantAcountin~Policies c.fundacounting: -(continued) continued ~SpecialRevenueFunds TitleIDFund -(continued) TheTitleIDFundisusedtoacountforfunds whichareusedtoprovidein-homeservicestothe frailandelderlypersonwhoishome-bound, andrelatedisorderswithneurologicalandorganic includingin-homesuportiveservicesforolder braindysfunction,andtothefamiliesofsuch individualswhoarevictimsofalzheimer'sdisease victims. TheTitleIFundisusedtoacountforfunds TitleIFFund usedfordiseasepreventionandhealthpromotion activities.thelawdirectsthestateagency administeringthisprogramto"givepriorityto areasofthestatewhicharemedicalyunderserved andinwhichtherearealargenumberofolder socialned." individualswhohavethegreatesteconomicand TheSeniorCenterFundisusedtoacountforthe administrationofseniorcenterprogramfunds apropriatedbythelouisianalegislaturetothe Governor'sOficeofElderlyAfairs,whichinturn "pasesthrough"thefundstothecouncil.this programprovidescomunityservicecentersatwhich olderpersonsreceivesuportiveservicesand participateinactivitieswhichfostertheir independence,enhancetheirdignity,andencourage theirinvolvementinandwiththecomunity.during fiscalyear198,theseniorcenterfundreceived thegrantrevenuebuttransferedalofitothe TitleIBFundtosubsidizethatprogram'scostof providingsuportiveservicestoparticipantsinthe comunityseniorcenters. 17

21 ExhibitE Note1-SumaryofSiqnificantAcountin~Policies c.fundacounting: -(continued) continued ~SpecialRevenueFunds -(continued) Thisfundisusedtoacountfortheadministration UtilityAsistanceFund ofutilityasistanceprogramswhicharesponsored bylocalutilitycompanies.thecompaniescolect contributionsfromservicecustomersandremithe fundstotheparishcouncilsontheagingtoprovide asistancetothelderlyforthepaymentofutility bils.thecouncilreceivesitsdemcoandproject Care(Entergy)donationsdirectlyfromtheutility companies.lp&lhelpinghandsdonationsare providedthroughthelouisianaasociationof CouncilsonAging,Inc.(LACOA). TheAuditFundisusedtoacountforfundsreceived AuditFund fromthegovernor'soficeofelderlyafairsthat arerestrictedtouseasasuplementopayforthe costofhavingananualauditofthecouncil's financialstatements. TileLouisianaLegislatureapropriatedsomespecial scelaneousgrantfun fundsforvariouscouncilsonagingthroughouthe stateforfiscalyear198.livingstoncouncilon Agingwasoneofthep~rishcouncilstoreceivea specialgrantof$4,50tobeusedasuplemental fundstoprovideservicesatitscomunityservice centers.themoneyreceivedbythisfunduringthe yearwastransferedtothetitleibfundbecause thecostsofprovidingtheseserviceswerepaidand acountedforwithinthatfund.thegovernor's OficeofElderlyAfairsprovidedthesefundsto thecouncil. 18

22 ExhibitE NoteI-SumaryofSionificantAcountinoPolicies c.fundacounting: -(continued) continued ~SpecialRevenueFunds U.S.D.A.Fund -(continued) TheU.S.D.A.Fundisusedtoacountforthe administrationofnutritionprogramfortheelderly fundsprovidedbytheunitedstatesdepartmentof AgriculturethroughtheLouisianaGovernor'sOfice ofelderlyafairs,whichinturn"pasesthrough" thefundstothecouncil.thisprogramreimburses theserviceprovideronaperunitbasis(about56 cents/meal)foreachcongregateandhome-delivered mealservedtoaneligibleparticipantsothat UnitedStatesfodandcomoditiesmaybepurchased tosuplementhesenutritionprograms. TheFTAFundisusedtoacountfortheacquisition FTAFund ofvehiclespurchasedinpartwithfederalfunds undervariouscapitalasistanceprograms.the LouisianaDepartmentofTransportationand Developmentcordinatesthereceiptandisbursement oftheftafundsandtherequiredmatchingfunds fromthecouncil.thecouncilacquiredonevehicle underthisprogramduringthefiscalyear.the Councilhasenteredintoanothercontractwiththe LouisianaDOTDtoacquireanewvaninfiscalyear

23 ExhibitE Note1- tinapolicies continued d.acountgroup: -(continued) Anacountgroupisafinancialreportingdevice designedtoprovideacountabilityforcertainasets andliabilitiesthatarenotrecordedinthefunds becausetheydonotdirectlyafectnetexpendable availablefinancialresources.thefolowingacount groupisnota"fund". GeneralFixedAsets Thefixedasets(capitaloutlays)usedin governmentalfundtypeoperationsofthecouncilare acountedfor(capitalized)inthegeneralfixed AsetsAcountGroupandarerecordedas expendituresinthegovernmentfundtypeswhen e.basisofacounting: purchased. Tileacountingandfinancialreportingtreatmentaplied toafundisdeterminedbyitsmeasurementfocus.the governmentalfunds,includingthegeneralandspecial RevenueFunds,areacountedforusingacurent financialresourcesmanagementfocus.withthis measurementfocus,onlycurentasetsandcurent liabilitiesaregeneralyincludedonthebalanceshet. Operatingstatementsofthesefundspresentincreased (revenuesandotherfinancingsources)andecreases (expendituresandotheruses)inetcurentasets. Governmentalfundsaremaintainedonthemodified acrualbasisofacountingwhereinrevenuesare recognizedintheacountingperiodinwhichtheybecome availableandmeasurable.expendituresarerecognized intheacountingperiodinwhichtheliabilityis incured,ifmeasurable,exceptforthefolowing:(i) principalandinterestonlong-termdebtarerecorded whendue,and(2)claimsandjudgementsandcompensated absencesarerecordedasexpenditureswhenpaidwith expendableavailablefinancialresources. 20

24 ExhibitE NoteI-SumaryofSiqDificantAcountingPolicies-(continued) continued f.transfersandinterfundloans Advancesbetwenfundswhicharenotexpectedtobe repaidareacountedforastransfers.inthosecases whererepaymentisexpected,theadvancesareclasified asduefromotherfundsorduetotherfundsonthe balanceshet.short-terminterfundloansare g.budgetpolicy clasifiedasinterfundreceivables/payables. TheCouncilfolowsthese budgetarydatawhichhas anddofthesefinancial proceduresinestablishingthe statements. benpresentedinexhibitsc TheGovernor'sOficeofElderlyAfairs(GOEA) notifiesthecouncileachyearastothefunding levelsforitsprograms. TheLivingstonParishCouncil(LPC)alsoprovides fundstothecouncilviathesection531program administeredbythelouisianadepartmentof TransportationandDevelopment(DOTD).Acordingly, thecouncilobtainsinformationfromdotdregarding projectedfundingunderthesection531program. Revenueprojectionsarealsomadebasedongrants fromotheragencies,programservicefes,public suport(includingclientcontributions),interest income,andothermiscelaneoussources. Onceinformationregardingprojectedrevenueshas benobtained,thecouncil'sexecutivedirector preparesaproposedbudgetbasedo~these projections,andthensubmitsthebudgettothe BoardofDirectorsforaproval. TheBoardofDirectorsreviewsandadoptsthebudget beforemay31ofthecurentyearforthenext fiscalyear. TheadoptedbudgetisforwardedtoGOEAforfinal aprovalbeforejune30. 21

25 ExhibitE Note1-SumaryofSiqnificantAcountinqPolicies continued g.budgetpolicy:-(continued) -(continued) Mostbudgetaryapropriations,particularlythose involvingfundsreceivedfromgoea,lapseathend ofeachfiscalyear(june30).ocasionaly,the Councilwilreceiveaspecialprojectgrantwhich mayoperateonaperiodiferentfromthecouncil's normalfiscalyear,andtherefore,haveaspecified datewherethebudgetaryapropriationswilapse. Thebudgetispreparedonamodifiedacrualbasis, consistentwiththebasisofacounting,for comparabilityofbudgetedandactualrevenuesand expenditures. Budgetedamountsincludedintheacompanying financialstatementsincludetheoriginaladopted budgetamountsandalsubsequentamendments.there wasoneamendmentduringthefiscalyear,whichwas efectivemarch4,198.thebudgetamendmentwas aprovedbythecouncil'sboardofdirectorsandby GOEAusingasimilarprocedureastheaprovalof theoriginalbudget. Actualamountsarecomparedtobudgetedamounts periodicalyduringthefiscalyearasamanagement controldevice. TheCouncilmaytransferfundsbetwenlineitemsas oftenasrequiredbutmustobtainaprovalfromthe Governor'soficeofElderlyAfalrs(GOEA)forfunds receivedundergrantsfromthisagency.aspartof itsgrantawards,goearequiresthecounciltoamend itsbudgetincaseswhereactualcostsfora particularlineitemexcedthebudgetedamountby morethan10%.otherwise,thexcescostscouldbe labeledasunauthorizedexpenditures. Expenditurescanotlegalyexcedapropriationson anindividualfundlevel. TheCouncilisnotrequiredbystateorlocalawto prepareabudgetforeveryprogramoractivityit conducts.acordingly,somegeneralfundactivities maynotbebudgeted,particularlyiftheyaredemed tobeimaterialbymanagement. 2

26 ExhibitE Notei-SumaryofSionificantAcountin~Policies continued h.cash: -(continued) Cashisreportedatcaryingamountwhichequalsits fairvalue. Investments: Investmentsarereportedatfairvalue.Investments whichincludesecuritiestradedonanationalor internationalexchangearevaluedbasedontheirlast reportedsalesprice.investmentsthatdonothavean j.prepaidexpenses: establishedmarketarereportedatestimatedfairvalue. TheCouncilhaselectednotoexpenseamountspaidfor futureservicesuntilthoseservicesareconsumedto complywiththecostreimbursementtermsofgrant agrements.thefundbalancesinthegovernmentalfund typeshavebenreservedfortheprepaidexpenses recordedinthesefundstoreflectheamountoffund k.fixedasets: balancenotcurentlyavailableforexpenditure. Asetswhichcostatleast$250andwhichhavean estimatedusefulifeofatleast1yeararecapitalized asfixedasets.alfixedasetsarestatedat historicalcostorestimatedhistoricalcost,ifactual historicalcostisnotavailable.donatedfixedasets arestatedattheirestimatedfairmarketvalueonthe datedonated.nodepreciationhasbenprovidedon 1.RestrictedAsets: generalfixedasets. Restrictedasetsrepresentasetswhichhaveben primarilyacquiredthroughdonationswherebythedonor hasplacedarestrictiononhowthedonationcanbeused bythecouncil(i.e.,utilityasistancefunds). Restrictedasetsareofsetbyacoresponding reservationofthecouncil'sfundbalance. 23

27 ExhibitE Notei- o -(continued) continued m.reservationanddesignationsoffundbalances: TheCouncil"reserves"portionsofitsfundbalancethat arenotavailableforexpenditurebecauseresourceshave alreadybenexpended(butnotconsumed),oralegal restrictionhasbenplacedoncertainasetswhichmake themonlyavailabletometfutureobligations, Designatedalocationsofundbalancesresultwhenthe Council'smanagementintendstoexpendcertainresources inadesignatedmaner.therewerenodesignatedfunds n.compensatedabsences atjune30,198. TheCouncil'sanualandsickleavepolicydoesnot providetheacumulationandvestingofleave.inother words,anemployemust"useorlose"anyearnedleave duringthefiscalyear.asaresult,thecouncilhas notacruedanyunpaidcostsrelatingtounusedleavein o.comparativedata: thefinancialstatements. Comparativedatafortheprioryearhavebenpresented intheacompanyingfinancialstatementstoprovidean understandingofchangesinthecouncil'sfinancial positionandoperations.however,presentationof comparativedatabyfundtypehavenotbenpresentedin eachofthestatementssincetheirinclusionwouldmake thestatementsundulycomplexandificultoread. Totalcolumnsonthecombinedstatements-overvieware captioned"memorandumonfy"toindicatethattheyare presentedonlytohelpwithfinancialanalysis.datain thesecolumnsdonotpresentfinancialposit~onor resultsofoperationsinconformitywithgeneraly aceptedacountingprinciples.neitherissuchdata comparabletoaconsolidation.interfundeliminations p.relatedpartytransactions: havenotbenmadeintheagregationofthisdata. Therewerenotanyrelatedpartytransactionsduringthe fiscalyear. 24

28 ExhibJtE Note1-SumaryofSiqnificantAcountinqPolicies-(continued) continued q.management'suseofestimates: Thepreparationoffinancialstatementsinconformity withgeneralyaceptedacountingprinciplesrequires managementomakestimatesandasumptionsthatafect certainreportedamountsandisclosures.acordingly, Note2-RevenueRe actualresultsmaydiferfromthosestimates. ServiceFes MiscelaneousRevenues ion Public ISumDortInterestIncomeand vernmentalgrantspr Intergovernmentalgrantrevenues,programservicefes,and interestincomearerecordedingovernmentalfundsas revenuesintheacountingperiodwhentheybecome susceptibletoacrual,thatis,measurableandavailable receiptsofpublicsuportandmiscelaneousrevenuesare dificultopredict;therefore,theyarenotsusceptibleto (modifiedacrualbasis).thetimingandamountsofthe Note3-Cash acrualandarerecordedasrevenueintheperiodreceived. TheCouncilmaintainsaconsolidatedbankacountodeposit mostofthemoniesitcolectsandtopayitsbils.the consolidatedbankacountisavailableforusebyalfunds. ThepurposeofthisconsolidatedacountJstoreduce administrationcostsandfacilitatecashmanagement.the consolidatedacountalsoalowsthosefundswithavailable cashresourcestotemporarilycoveranynegativecash balancesinotherfunds. AtJune30,198,thecaryingamountoftheCouncil'scash balancesontheboks,including$50ofpetycash,was $5,685whereastherelatedbankbalanceswere$75,865.The diferenceinthebokandbankbalancesforcashrelate primarilytodepositsmadeandcheckswritenwhichdidnot clearthebankacountsbyjune30,198.$69,986ofthe bankbalanceswerecoveredbyfederaldepositoryinsurance whereas$5,879wascoveredbythesecuritiesinvestors ProtectionCorporation(SIPC).Albankbalancesare clasifiedas"categoryi"balancesinacordancewithgasb Statement3. 25

29 Note4-Investments ExhibitE continued StatestatutesauthorizetheCounciltoinvestemporarily idlemoniesinthefolowing: UnitedStatesTreasuryBonds, UnitedStatesTreasuryNotes, UnitedStatesTreasuryBils, obligationsofu.s.governmentagencies,includingsuch instrumentsasfederalhomeloanbankbonds,government NationalMortgageAsociationbonds,oravarietyof "FederalFarmCredit"bonds, Fulycol]ateralizedcertificatesofdepositisuedby qualifiedcomercialbanksandsavingsandloan asociationslocatedwithinthestateoflouisiana, Fulycolateralizedrepurchaseagrements, Fulycolateralizedinterest-bearingcheckingacounts, andmutualortrustfundinstitutionswhichareregistered withthesecuritiesandexchangecomisionunderthe SecurityActof193andtheInvestmentActof1940,and whichaveunderlyinginvestmentsconsistingsolelyof andlimitedtosecuritiesoftheunitedstates Governmentoritsagencies. AtJune30,198,investmentsconsistedofthefolowing Investments Fair CostValue InvestmentsHeldby MerilLynchin thecouncil'sname: U.S.Treasury Note $19,387$20,0 U.S.Treasury Note 9,73610,028 FederalNational Mortgage(FNMA)28,21526,624 FederalHome:Joan Mortgage(FNMA)25,04526,45 Government National Mortgage (GNMA) 27,78331, Interest Rate Maturity 5.39% 6.03% 6.24% 7.].3% 07/31/98 03/31/ % 2024

30 Note4-investments-(continued) Investments Certificatesof Deposit: Citizens FederalBank U.S.Bank Mineapolis MidFirst Bank ExhibitE continued Fair CostValue Rate MaturJty 17,017,01 12,012,02 13_~_012,76 Totalinvestments$152,16$156, % 6.09% 5.51% o8/2v/o2 o4/~6/ol ThecumulativenetunrealizedgainontheCouncil's investmentsasofjune30,198,was$4,190.changesinthe fairvalueofthecouncil'sinvestmentsfromyearendtoyear endarerecognizedasrevenueinthestatementofrevenues, Expenditures,andChangesinFundBalance-GovernmentalFund Typesunderthecaption"investmentincome". TheCouncil'sprimarypurposeforinvestingistoearn interestincomeonmoneythathasbendeterminedtobein excesofimediatecashneds.alofthecouncil's investmentsareclasifiedas"categoryi"typeinvestments JnacordancewithGASBStatement3. Note5-GovernmentGrantsReceivabl Governmentgrantsreceivablerepresentamountsowedtothe Councilunderagrantawardorcontractwithaproviderof federal,state,orlocalfunds;suchamountsbeingmeasurable andavailableasofyearend. Governmentgrantsreceivable reimbursementsforexpenses programs: Proqram U.S.D.A. Section531 Provider GOEA DOTD 27 atjune30,198,consistof incuredunderthefolowing Fund Special SpecialRevenue Revenue Total $6,182 ]7,850 $24,032

31 ExhibitE Note6-PrepaidExpenses continued TheCouncilhaselectednottoexpenseamountspaidfor balancesinthegovernmentalfundtypeshavebenreserved fortheprepaidexpensesrecordedinthesefundstoreflect futureservicesuntilthoseservicesareconsumed.thefund theamountoffundbalancenotcurentlyavailablefor expenditure. PrepaidexpensesconsistedofthefolowingatJune30,198 Rent(seNote12) $13,317 Amount Note7-AdvancesFromFundin~A~encies Thisacountrepresentsfundsreceivedbutwhichcanotbe recognizedaeincomeunderthetermsofthegrantaward becausealowablexpenditureshavenotbenincuredwhich permitthecounciltorecordthesefundsasrevenue,atjune 30,198,theadvanceswereasfolows: program FEMA UnitedWay Provider SpecialRevenue Fund $8,745 Amount Note8-Chan~es~nFixedAsets Asumaryofchangesingeneralfixedasetsisasfolows: Balances Vehicles Furniture& Computerequ Nutritioneq quipment AditionsDeletions Leaseholdim Healthmaint rovements Totals nancequipment 9,737 1,818 $5,965 3,278 $(5, Balances $203,602 2,739 42,597 12,786 9,737 3,128 $267,652$1,982$(5,965)$ Donatedasetsrepresent$2,0oftheyearendtotal. = =~= = = 28

32 ExhibitE Note9- ofdirect continued TheBoardofDirectorsisavoluntaryboard;therefore,no compensationhasbenpaidtoanymember.however,board membersarereimbursedinacordancewiththestateof Louisiana'stravelreimbursementpolicywhenatending Note10-In-KindContrlbutions metingsonbehalfofthecouncil. TheCouncilreceived$86,25invariousin-kindcontributions duringtheyearwhichhavebenvaluedatheirestimated fairmarketvalueandpresentedinthisreportasrevenue. Relatedexpenses,equaltothein-kindrevenues,havealso benpresented,therebyproducingnoefectonnetincome. Theprimaryin-kindcontributionsconsistedofrerentand utilitiesforthemaurepas,springfield,andfrench Setlementseniorcenters;freutilitiesforthesethre sitesplusthedenhamspringsfacility;andwagesandfringe benefitsforvolunterworkers. Asumaryofthein-kindcontributionsandtheirrespective asignedvaluesisasfolows: Wagesofvolunterworkers(valued Fring(in at $5.15/hour) wor ebenefitsrelatedtowages cludingpayroltaxesand $45,~58 Facilityrental Utilitiesforfacilities kman'scompensation) Telephone Garbagepickup Insurance Maintenanceandrepairs Totalin-kindcontributions$86,25 29

33 ExhibitE NoteIi-IncomeTaxStatus continued TheCouncil,anon-profltcorporation,isexemptfromfederal incometaxationundersection501(c)(4)oftheinternal RevenueCodeof1986,andasanorganizationthatisnota privatefoundationasdefinedinsection509(a)ofthecode. ]itisalsoexemptfromlouisianaincometax. TheCouncildoesnotfileaForm90becauseithasben determinedtobean"afiliateofagovernmentalunit"within themeaningofsection4ofrevenueprocedure95-48,]95-2 Note12-LeaseandRentalComitments C.B.418. TheCouncilhasnocapitaleasesbutonFebruaryi,193,it enteredintoanoperatingleasewiththecityofdenham Springs,Louisiana,to]easethebuildingthattheCouncil curentlyocupiesat949governmentstret,denhamsprings, Louisiana.Alsoincludedinthisleaseistheuseofan adition(theseniorcenter)thatisadjacenttothat building.termsoftheleaserequiredthecounciltoprepay therentinalump-sumfortheentireleasetermof60 months(februaryi,193tojanuary31,2042);such prepaymentbeing$130,0.asaresult,thecouncilwil amortizethisprepaidrentat$216.67permonthovertheterm ofthislease($2,60anualy).theunamortizedbalanceas ofjune30,198,was$13,317. OthersignificantermsoftheleaserequiretheCouncilto (I)maintainatleast$50,0ofliabilityinsurance,(2) payalthecontentsinsuranceofthebuildings,and(3)be responsibleforthecostsofinteriormaintenance.thecity ofdenhamspringsisresponsibleforalcostsrelatlngto utilities,buildingfireandflodinsurance,andmajor repairstotheexternalstructure,heatingandcoling system,andplumbing. Rentexpense,includedundertheoperatingservicescategory onthestatementofrevenues,expenditures,andchangesin FundBalancefortheyearendedJune30,198,was$2,60. 30

34 Note]2-LeaseandRentalComitments -(continued) ExhibitE continued OnJanuaryi,196,theCouncilenteredintoaleasewiththe YoungatHeartClubtousetheYoungatHeartClub'sfacility endsjanuaryi,2021.thecouncilisresponsiblefor maintainingacongregatemealandservicedeliverysite inspringfield.theleasetermcomencesjanuaryi,196and withinthepremisesduringthetermofthelease.the Councilisrequiredtopayforanyinsurancepremiums relatingtogeneralliabilityandfacilitycontents,while theyoungatheartclubhasagredtopayforutilities, garbagepickup,buildinginsurance,andbuildingmaintenance andrepairs.thecouncilisnotrequiredtopayanymonthly rentand,ifthecouncil'sgovernmentfundingisnotprovided Note13- inthefuture,thecouncilmayterminatethelease. FTA-PublicTransportationForNonurbanizedAreas-Section TheCouncilearnedandreceived$10,635underthe"Section 531 thecouncilwere$204,898fortheyearendedjune30,198. Thesecostswerefundedasfolows: 531"program.Totalruraltransportationcostsincuredby Section In-kind TitleI Clientc contributi 531 Publicf FindWor ontributio Statefu ares IBgrant PCOA kprogram State nding: ons funds $i0 25 fes Total transportation ]0~83 6,896 $204,898 Note]4-Judgm~nts~Claims,andSimilarContingencies ThereisnolitigationpendingagainsttheCouncilasofJune 30,198.TheCouncil'smanagementbelievesthatany potentiallawsuitswouldbeadequatelycoveredbyinsurance. 31

35 Note15-FederalAwardProarams ExhibitE continued TheCouncilparticipatesinanumberoffederalaward programs.theseprogramsareauditedinacordancewiththe SJng/]eAuditActAmendmentsof196.Auditsofprioryears havenotresultedinanydisalowedcosts;however,grantor agenciesmayprovideforfurtherexaminations.basedon priorexperience,thecouncil'smanagementbelievesthat furtherexaminationswouldnotresultinanysignificant disalowedcoststosuchanextenthatheywouldmaterialy afectthecouncil'sfinancialposition.anycoststhat wouldbedisalowedwouldberecognizedjntheperiodagred uponbytheagencyandthecouncil. Note16-EconomicDependency TheCouncilreceivesthemajorityofitsrevenuethrough grantsadministeredbythelouisianagovernor'soficeof ElderlyAfairsandtheLouisianaDepartmentof TransportationandDevelopment(DOTD).Thegrantamountsare apropriatedeachyearbythefederalandstategovernments. Ifsignificantbudgetcutsaremadeatthefederaland/or statelevel,theamountofundsthecouncilreceivescould bereducedsignificantlyandhaveanadverseimpactonits operations.managementisnotawareofanyactionsthatwil adverselyafectheamountoffundsthecouncilwilreceive inthenextfiscalyear,excepthathesection531funds alocatedbydotdarexpectedtodecreaseto$56,237from the$10,635receivedinthisfiscalyear. Note17-InterfundLoans BecausetheCounciloperatesmostofitsprogramsundercost reimbursementypegrants,ithastopayforcostsusingits GeneralFundmoneyandthenrequestreimbursementforthe advancedcostsunderthegrantprograms.suchadvances createshort-termjnterfundloans.asumaryofthese JnterfundloansatJune30,198,isasfolows: DueFrom OtherFunds GeneralFund $19,594 SpecialRevenueFunds: U.S.D.A. Section531 Total 32 DueTo OtherFunds 1,74 1.7,850 $19,594 $19,594

36 continued ExhibitE Note18-InterfndTransfers Operatingtransfersinandoutarelistedbyfundfor198as TransfersFrom folows: GeneralFund PCOA 3B C-] IntoTheseTitleIProqr Local TotalGeneralFund $1,79 14,629 SpecialRevenueFunds 26,408 $ C-2 $- D F Total 168]68 $-$1,79 Section531 FEMA USDA SeniorCenter MiscelaneousGrant ,84815,923 26, ,587 42,384 38, TotalSpecial 4.50 RevenueFunds Totalalfunds $153,343$15,923$27,28$168$52$196,74 ]26,9351_5,92327,28 ]70146 ~ ~=~ ~_= Note19-RiskManaqement TheCouncilisexposedtovariousrisksoflosrelatedto torts;theftof,damageto,andestructionofasets;erors andomisions;injuriestoemployes;andnaturaldisasters. TheCouncilhaspurchasedcomercialinsurancetocoveror yearthatexcededthecouncl]'sinsurancecoverage. reducetheriskoflosthatmightariseshouldoneofthese incidentsocur.nosetlementsweremadeduringthefiscal Note20-PurchaseComitment TheCouncilhasenteredintoaseparateagrementwiththe LouisianaDepartmentofTransportationandDevelopment(DOTD) topurchaseonenewvan.thecouncilisresponsiblefor matching20%ofthepurchasepriceofthevan.thecouncil hasremitedtherequiredmatchingfunds($6,80)forthevan asofjune30,198.thevanisexpectedtobedeliveredin fiscalyear].9. 3

37 SUPLEMENTARYFINANCIALINFORMATION 34

38 Schedule1 SCHEDULEOFPROGRAMREVENUES,EXPENDITURES.ANDCHANGESINFUNDBALANCE GENERALFUND LivingstonCouncilonAging FortheyearendedJune30,198 DenhamSprings,Louisiana ProgramsoftheGeneralFund RFVENLJES Local PCOATransportation Total Intergovemental: Publicsuport: OficeofElderlyAfairs Programservicefe; YoungatHeartClub $ 0$ Investmentincome Miscelaneous OficeofFamilySuport 13, ,79 13,090 In-kindcontributions "1oralrevenues 0 15, , EXPENDITURES Curent: Salaries Fringe Travel Operatingservices Operatingsuplies 0O Capitaloutlay Othercosts In-kindexpenses Meals 4, , ,178 3, , ,981 lotalexpenditures , , ,7141,9641, ,951 Excesofrevenuesover(under)expenditures 2,656 1t,79 7,40 5, OTHERFINANCINGSOURCES(USES 20,125 Operatingtransfersin Operatingtransfersout t4,848) 0 Excesofrevenuesandothersources t,79) o 0 (26,627) 0 FUNDBALANCES(DEFICI~ over(under)expendituresandotheruses (12,192) 5,690 (6,502) I:~eginingofyear Endofyear $35.01$ 347, $ 5,690$

39

40 SCHEDULEOFPROGRAMEXPENDITURES-BUDGETVERSUSACTUAL Schedule3 CONTRACTSANDGRANTSPROVIDEDTHROUGHTHEGOVERNOR'SO~FICEOFELDERLYAFEAIRS LivingstonCouncilonAging FortheyearendedJune30,198 DenhamSprings,Louisiana Budget Actual (Unfavorable Variance- Favorable PCOA TransfersoutoTitleIB Total $1,79$1.79$ $1,79$I1,79$ O SEC31ON531 Salaries Fringe Travel Operatingservices Operatingsuplies $2, Transfersouto: Othercosts 3,017 $ In-kindexpenses TitleIB ,268 6,292 (3.87) (849) Totals ,58 1,050 $136,473$t27.13 L $ 12,285 9,340 TI1LEI-B Travel Operetingsezvices Salaries Fringe $142,417 Operatingsuplies 18,t68409 Othercosts 51,703 $139,397$ 13, Tolals $240, ,084 3,020 t $230, , $ 10,

41 TITLEIC-AreaAgencyAdministration SeJaries Fringe ]ravel Operatingservices Operatingsuplies Othercosts Totals TITLEIlC-1 Salades Fringe lravel Operatingservices Operatingsuplies Othercosts Meals: Raw(od Laborandnon-edibles Totats TITLEIC-2 8alades Fringe Travel Operatingservices Operatingsuplies Othercosts MealsRawfod Capitaloutlay Laborandnon-edibles Totals TITLEID Salaries Fringe Operatingservices Operatingsuplies Othercosts lavel ]-otals Schedule3 (continued) Budget Actua (Unlavorable Variance- Favorable $ 4, ,1831, $12,37$ (I,394) (to)50 $20.340$20,340$ , , $58,046 7, $56,740$ 3,5701,531 6, , , , $148,18$142,975$ 32,431 5,213 (278) 364 $17,26 2, $16,265$ 8,646 1, ,902966,791,281 1, , ,80 $101,214$ ,161 1, , ,719 $ 1,524 6,495 $542$ 540$ (18) ) 2 $2,961$3,13$ (152)

42 TITLEIF Salaries Fdnge ]ravel Operatingservices Operatingsuplies Othercosts Totals SENIORCENTER ]ransteroutotitleib Totals AUDIT Othercosts MISCELANEOUSGRANT Totals 3ransleroutoTitleI-B U,C~DA Totals lr~nslersouto TitleIC-1 TitleIC-2 Totals Schedule3 (continued) Budget Actua Variance Favorable Ulf~vol~blu $ 3,080$ 39) $3,838$3.63$ $38,848$38.848$ O0 $2,175$2.175$ O0 $4,50$4,50$ O0 $20,43$15.923$ ,461 4,510 $37,947$42,384$ (8,947) (4.437)

43 Aces(30%) SCHEDULEOFPRIORITY -GRANTFORSERVICES TITLEIPARTB SUPORTIVESERVICES LivingstonCouncilonAging DenhamSprings,Louisiana FortheyearendedJune30,198 AsistedTransportation CaseManagement Transportation Information&asistance Outreach Totalacesexpenses In-Home(15%):Homemaker Chore Homerepair Totalin-homexpenses $6,572 9,824 16,513 7, ,082 1,352 2,261 Legal(5%):Legalasistance Non-priorityservices TotalTitleIB-Suportiveservicesexpenditures Les:Participantcontributions Otherpublicsuport Transfersin TitleIB-Suportiveservicesgrant Les:Transfersofcontractalotments Statehomemaker Statetransportation Originalgrantawardnetofstatehomemaker andtransportationfundsandtransfersof contracta]lotments 40 Schedule4 %of GOEA Grant $192,73 318% 1, _23, ,584 (4,941) (835) ~153,343) _(10,83 $60,632 ~= 19% 5% 39%