IBERIA SOIL AND WATER CONSERVATION DISTRICT New Iberia, Louisiana. Annual Financial Statements June 30,2008

Transcription

1 IBERIA SIL AND WATER CNSERVATIN DISTRICT New Iberia, Luisiana Annual Financial Statements June 30,2008 nder prvisins f state law, this reprt is a public dcument. A cpy f the reprt has been submitted t the entity and ther apprpriate public fficials. The reprt is available fr public inspectin at the Batn Ruge ffice f the Legislative Auditr and, where apprpriate, at the ffice f the parish clerk f curt. Release Date

2 ANNAL FINANCIAL STATEMENTS JNE 30,2008 TABLE F CNTENTS Accuntant's Cmpilatin Reprt 2 Financial Statements Cmbined Balance Sheet-All Fund Types and Accunt Grups 4 Cmbined Statement f Revenues, Expenditures, And Changes in Fund Balance-Gvernmental Fund Types 5 Cmbined Statement f Revenues, Expenditures, and Changes In Fund Balance-Budget (GAAP Basis) and Actual-Gvernmental Fund Types 6 Page

3 EDWARD L. KRIELW A PRFESSINAL ACCNTING CRPRATIN 510 N. CTTING P.. DRAWER 918 JENNINGS, LA (318) ACCNTANT'S CMPILATIN REPRT Iberia Sil and Water Cnservatin District New Iberia, Luisiana I have cmpiled the accmpanying financial statements f the Iberia Sil and Water Cnservatin District, a cmpnent unit f the State f Luisiana, as f and fr the year ended June 30, 2008, listed in the table f cntents, in accrdance with Statements f Standards fr Accunting and Review Services issued by the American Institute f Certified Public Accuntants. A cmpilatin is limited t presenting in the frm f financial statements and supplementary schedules, infrmatin that is the representatin f management f the Iberia Sil and Water Cnservatin District. I have nt audited r reviewed the accmpanying financial statements and, accrdingly, d nt express an pinin r any ther frm f assurance n them. Management has elected t mit substantially all f the disclsures required by generally accepted accunting principles. If the mitted disclsures were included in the financial statements, they might influence the user's cnclusin abut the District's financial psitin, results f peratins, and the changes in fund balance. Accrdingly, these financial statements are nt designed fr thse wh are nt infrmed abut such matters. Iberia Sil and Water Cnservatin District did nt adpt the prvisins f Gvernmental Accunting Standards Bard Statement N. 34, Basic Financial Statements - and Management 's Discussin and Analysis - fr State and Lcal Gvernments, fr the year ended June 30, The effects f this departure frm generally accepted accunting principles has nt been determined. Jennings, Luisiana December 9, 2008 Certified Public Accuntant

4 FINANCIAL STATEMENTS

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6 IBERIA SIL AND WATER CNSERVATIN DISTRICT NEW IBERIA, LISIANA GVERNMENTAL FND TYPES CMBINED STATEMENT F REVENES, EXPENDITRES, AND CHANGES IN FND BALANCE ALL GVERNMENTAL FND TYPES FR THE YEAR ENDED JNE 30, 2008 REVENES Intergvernmental Revenue: Revegltatin Farm Bill Iberia Parish State Funds ther Revenue: Interest incme Lcal Rentals-Equipment Ttal Revenues GENERAL FND 3,581 9,100 33,800 SPECIAL REVENE 16,880 6,399 1,000 2,119 55,999 $ 16,880 TTALS (MEMRANDM NLY) JNE 30, JNE 30, $ 16,880 3,581 9,100 33,800 6,399 1,000 2,119 $ 72,879 $ 14,743 5,984 7,000 30,472 4,152 1,000 $ 63,351 EXPENDITRES perating: Equipment perating services Persnal services Supplies Travel Ttal Expenditures 10,101 8,398 34, , ,042 $ 6,266 $ 10,101 8,398 34,112 6, $ 59,308 $ 8,304 32,865 8, $ 50,342 Excess (Deficiency) f revenues ver expenditures 2,957 10,614 $ 13,571 $ 13,009 THER FINANCING SRCES (SES) Transfers In Transfers ut Ttal ther Financing Surces (ses) $ - $ 184 $ $ 184 Excess (Deficiency) f Revenues ver Expenditures and ther Surces (ses) 2,957 10,614 $ 13,571 $ 13,193 nreserved Fund Balances-Beginning ] 28, , ,952 nreserved Fund Balances-Ending $ 125,598 39,118 $ 164,716 $ 151,145 See Accuntant's Reprt. 5

7 w.-, W -J w.j a 3^ ^ 2 1^2 ' z i» Intergvernmental Reveni Revegitatin Farm Bill Iberia Parish State Funds ther Revenue: Interest Lcal Rental s-equipment Seedling Sales Ttal Revenues ENDITRES perating: &I* Equipment perating services Persnal services Supplies Travel Ttal Expenditures. X fl> k_ ;> tn ss (Deficiency) f revenue 8 X W X KEC (J IER FINANCING SR» $, 2 M peraing Transfers In perating Transfers ut Ttal ther Financin» *j *2 "~^ (/I u ss (Deficiency) f Revem* penditures and ther Sur aj t. X «w D c served Fund Balance-Begi e ^ T3 C