LASALLE COUNCIL ON AGING, INC. JENA, LOUISIANA FINANCIAL STATEMENTS AND AUDITORS' REPORTS. June 30, 2009

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1 ni\ LASALLE UNCIL ON AGING, INC. JENA, LOUISIANA FINANCIAL STATEMENTS AND AUDITORS' REPORTS June 30, 2009 Under prvisins f state law, this reprt is a publi dument. Apy f the reprt has been submitted t the entity and ther apprpriate publi ffiials. The reprt is available fr publi inspetin at the Batn Ruge ffie fthe LegislativeAuditr and, where apprpriate, at the ffie f the parish lerk f urt. «2 z n ::J rs> <:!!! m< 5 S 3 5.* Release Date,

2 TABLE OF NTENTS Finanial Reprt LaSalle Cunil n Aging Jena, Luisiana June 30, 2009 MANAGEMENTS DISCUSSION AND ANALYSIS 1 INDEPENDENT AUDITOR'S REPORT 7 BASIC FINANCIAL STATEMENTS A. GOVERNMENTAL WIDE FINANCIAL STATEMENTS: Statement f Net Assets 9 Statement f Ativities 10 B. FUND FINANCIAL STATEMENTS: Balane Sheet 12 Statement f Revenues, Expenditures, and hanges 13 in Fund Balanes Reniliatin f the Statement f Revenues, Expenditures, and Changes In Fund Balanes f Gvernmental Fund t the Statement f Ativities 15 C. NOTES TO THE FINANCIAL STATEMENTS 16 SUPPLEMENTARY FINANCIAL INFORMATION REQUIRED BY GASB STATEMENT 34: Budgetary Cmparisn Shedule General Fund 29 Budgetary Cmparisn Shedule Title III B Fund 30 Budgetary Cmparisn Shedule Title111 C2 Fund 31 Budgetary Cmparisn Shedule Senir Center Fund 32 SUPPLEMENTARY FINANCIAL INFORMATION REQUIRED BY GOEA: Shedule f NnMajr Speial Revenue 34 Cmparative Shedule f General Fixed Assets and Changes In General Fixed Assets 35

3 OTHER REPORT REQUIRED BY GOVERNMENT AUDITING STANDARDS REPORT ON MPLIANCE AND ON INTERNAL NTROL OVER FINANCIAL REPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACRDANCE WITH GOVERNMENT AUDITING STANDARDS 37 SCHEDULE OF FINDINGS AND QUESTIONED STS 39 SUMMARY SCHEDULE OF PRIOR AUDIT FINDINGS 40

4 MANAGEMENT'S DISCUSSION AND ANALYSIS (MD&A) The fllwing disussin and analysis f LaSalle Cunil n Aging's finanial perfrmane prvides an verview f the Cunil's finanial ativities fr the year ended June 30, Please read it in njuntin with the finanial statements, whih begin n page 9. FINANCIAL HIGHLIGHTS > The Cunil shwed a net inrease in ttal net assets f $ 15,144 r 4% this year. > Net Capital Assets f the Cunil dereased by $12,001 r 3%. > N defiit fund balanes exist at yearend. > The unrestrited, undesignated fund balane fr the Cunil's General Fund was $ 72,363 at yearend, whih is a $ 24,751 inrease frm the prir year. HOWTOUSE^HIS ANNOAL^REPORT ' t This annual reprt nsists f a series f finanial statements. The Statement f Net Assets and the Statement f Ativities (n pages 9 and 10) prvide infrmatin abut the ativities f the Cunil as a whle and present a lngerterm view f the Cunil's finanes. Fund finanial statements begin n page 12. Fr gvernmental ativities, these statements tell hw servies were finaned in the shrtterm as well as what remains fr future spending. Fund finanial statements als reprt the Cunil's peratins In mre detail than the gvernmentwide statements by prviding Infrmatin abut the Cunil's mst signifiant funds. Our auditr has prvided assurane in his independent auditr's reprt, lated immediately after this Management's Disussin and Analysis, that the Basi Finanial Statements are fairly stated. The auditr is prviding varying degrees f assurane abut Supplementary Finanial Infrmatin Required by GASB Statement 34 and Supplementary Finanial Infrmatin Required by GOEA that fllw later In the reprting pakage. A user f this reprt shuld read the Independent auditr's reprt arefully t asertain the level f assurane being prvided fr eah part f the finanial setin f the reprt. Jjleprtipg the Cupil as a Whle Using GyernmentWide,Statements. Our analysis fthe Cunil as a whle begins n page 9. An imprtant questin t ask abut the Cunil's finanes is, "Is the Cunil as a whle better ff r wrse ff as a result f the year's ativities?" The Statement f Net Assets and the Statement f Ativities (referred t lletively as the GvernmentWide finanial Statements) reprt infrmatin abut the Cunil as a whle and abut its ativities in a way that helps answer this questin. These statements Inlude all assets and liabilities using the arual basis f aunting, whih Is similar the t aunting methd used by mst privatesetr mpanies. All urrent year revenues and expenses are taken int aunt regardless f when ash is reeived r paid. 1

5 The GvernmentWide statements an be fund n pages 9 and 10 and reprt the unil's net assets and hanges in them. Sme fthe net assets are restrited whih means they an nly be used fr a speifi purpse. The Statement f Net Assets is designed t present the finanial psitin f the Cunil as f yearend. Over time, inreases r dereases in the Cunil's net assets are ne Indiatr f whether its finanial psitin Is imprving r deterirating. Hwever, t assess the verall finanial psitin f the Cunil, yu will need t nsider ther nnfinanial fatrs, suh as the nditin f the Cunil's apital assets and failities, the additin r terminatin f grants and ther revenue sures, and the expansin r ntratin f prgrams and servies. The statement f ativities prvides infrmatin that shw hw the Cunil's net assets hanged as a result f this year's ativities. All f the Cunil's signifiant ativities are reprted in the Statement f Ativities. These ativities inlude a Health, Welfare, and Sial Servies funtin. The Health, Welfare, and Sial Servies funtin Is mprised f varius prgrams that inlude varius supprtive sial servies, nutritinal servies, and utility assistane. All ativities fthe Cunil are nsidered t be gvernmental ativities. A gvernmental ativity is ne where the Cunil uses mney it reeived frm gvernment grants and ntrats, alng with dnatins frm the general publi, r a segment f the general publi, suh as the elderly. In ther wrds, the peple benefiting frm the servies are nt required t pay fr what they reeive. If the Cunil harged fees t ver all r mst f the st f prviding a servie, that ativity wuld be lassified as a businesstype ativity. The Cunil des nt have any businesstype ativities. Reprting the Cunl's Mst Sighlfiaiit Fufids Usln^ Ftind Fihahial Statemenfs" Our analysis f the Cunil's majr fijnds begins n page 12. The Fund Finanial Statements an be fund n pages 12 t 14 and prvide detailed Infrmatin abut the mst signifiant fundsnt the Cunil as a whle, in the Fund Finanial Statements yu will see a General Fund and a variety f Speial Revenue Funds. The General Fund Is used t aunt fr preeds that are nt legally restrited t expenditure fr speified purpses. By using separate fijnds t trak revenues and expenditures, we an ntrl and manage funds fr partiular purpses r we an shw that the fund Is meeting legal respnsibilities fr using ertain grants and ther mney. The General Fund and Speial Revenue Funds are nsidered gvernmental funds. Gvernmental funds fus n hw mney flws int and ut f funds and the balanes left at yearend that are available fr spending. These funds are reprted using an aunting methd alled the mdified arual aunting, whih measures ash and all ther finanial assets that an be readily nverted t ash. The gvernmental fund statements prvide a detailed shrtterm view f the Cunil's general gvernment peratins and the basi servies It prvides. Gvernmental fund Infrmatin helps yu determine whether there are mre r fewer finanial resures that an be spent in the near future t finane the Cunil's prgrams. We have presented the differene between the net assets f gvernmental ativities and the fund balanes f the gvernmental funds In a reniliatin at the bttm f the Balane Sheet fr Gvernmental Funds. In additin, the differene between the hange in net assets fr the gvernmental funds and the hange In net assets fr the gvernmental ativities has been presented in a reniliatin n a separate page that fllws the statement f Revenues, Expenditures, and Changes In Fund Balanes fr the Gvernmental Funds.

6 Ntes t the Finanial Statements The ntes prvide additinal infrmatin that is essential t a full understanding f the data prvided in the gvernmentwide and fund finanial statements. The ntes t the finanial statements an be fund n pages 16 t 27. Yu shuld read the ntes befre making assumptins r drawing nlusins abut the Cunil's finanial ndlfin. j^suppiementary Flnaniallnfnriatlh Required^Sy GASB Statement 34 The Gvernmental Aunting Standards Bard (GASB) Statement 34 requires budgetary mparisn shedules fr the General Fund and eah majr Speial Revenue Fund that has a legally adpted annual budget. The shedules mpare the riginal and final apprpriated budgets t atual budget results fr the Cunil's fisal year. We have als pted t present psitive and negative varianes between the final budget and atual amunts. Majr funds are thse funds whse revenues, expenditures, assets, r liabilities are at least 10% f rrespnding ttals fr all gvernmental funds. In addifin, a majr fund uld be a fund that des nt meet these riteria but whih we believe is Imprtant t present fr the Cunil's finanial statement users. Management's Disussin and Analysis is als required supplementary Infrmatin (RSI) by GASB Statement 34. Hwever, It Is presented as the first Item In this reprting pakage and nt with the ther RSI by GASB statement 34. [4' Other Supplementafy Finanial Infnmatin Required,by^GOEA ^ The Cunil has als presented ther required supplemental infrmatin in this reprt pakage The Gvernr's Offie f Elderly Affairs (GOEA) has required the Cunil t present as shedules the infrmafin n pages 34 and 35. This Infrmafin will be used by GOEA t verify the auray f Infrmatin the Cunil submitted t It during the year and t help GOEA mnitr ertain mpliane requirements set frth in the grants that it has with the Cunil. ll^rj ANALYSIS 'OF fhe CbUNCll^ AS A WH5LE XJmd SbVEF^fiMENTWlbl FINANCIAL STATEMENTS The fllwing table reflets ndensed Infrmatin n the Cunil's net assets: 2009 Current and ther assets $73,017 Capital Assets, net f depreiatin 309,139 Ttal Assets 382,156 Cunent Liabilities 366 Other Liabilifies 18,527 Ttal Liabilities 18,893 Invested in apital assets, net f related debt 290,612 Restrited 288 Unrestrited 72,363 Ttal Net Assets $363, $48, , ,452 21, , ,612 $348,119

7 As f June 30, 2009, the Cunil "as a whle" had assets greater than its liabilities by $ 363,263. The Cunil's ttal net assets inreased frm $ 348,119 t $ 363,263. This equates t a Inrease f 4%. The Cunil's unrestrited net assets Inreased by $ 24,751 r 52% ver the year. Abut 20% f the Cunil's net assets are unrestrited as f June 30, It is imprtant that the Cunil have unrestrited net assets s that we will have resures available t adapt t hanges In the enmy, emergenies, unexpeted needs, and redutin In r terminafin f grant revenues by gvernment agenies. The Cunil's restrited net assets dereased by $ 531 r 65%. Net assets are reprted as restrited when the nstraints plaed upn the asset's use are either (a) externally impsed by a grantr, ntributr, r laws r regulafins f ther gvernments, r (b) impsed by law thrugh nstitutinal prvisins r enabling legislafin. The net assets that have been Invested in apital assets are presented net f any related utstanding debt inurred t aquire them. AN ANALYSIS OF GOVERNMENTAL ACTIVITIES ' Mst f the Cunil's ativities are funded by federal, state, and lal grants. These grants amunt t apprximately 83% f the revenues f the Cunil in 2009 and 78% In Sme f these grants are restrited whih means that the mney an nly be used in ertain prgrams. The amunt f funds available frm mst f the grants remains rather nstant frm year t year, hwever, sme grant amunts may hange based upn the level f servie by the Cunil under terms f the partiular grant award. The Cunil als reeives dnatins frm Its lients and the general publi. These revenues help t lessen the finanial burden n the Cunil and allw It t maintain and expand servies. Publi supprt revenues represented 17% and 22% f the ttal revenues In 2009 and 2008 respetively. The Cunil Invests idle funds and is able t earn sme interest n this mney eah year. The investment earnings are used r aumulated as neessary t meet expenses eah year. When reviewing the GvernmentWide Statement f ativities, there are relatinships that are imprtant t the understanding fthe Cunil's peratins. As yu an see, the Cunil's largest ativities are related t nutritin servies. The Cunil's main fus is t meet the needs fthe elderiy itizens f LaSalle Parish. There is a high demand fr these servies; therefre, resures are hannels t meefing the demand. M ANALYSIS OF THE^UNCIL'S FUNDSIJSING GOVERNMENTAL FUND ^1 FINANCIAL STATEMENTS Fund Balanes The Cunil shwed a mbined gvernmental fund balane f $ 72,651 (as shwn n the Fund Finanial Statement's balane sheet at page 12) at the end f this year, whih is a inrease f $ 24,220. Hwever, when yu lk at the funds individually yu will see that the Cunil's General Fund inreased by $ 24,751 this year, while the Speial Revenue Funds had a mbined fund balane derease f $531. 4

8 In additin, the General Fund als transferred funds t ver the defiits f sme f the Speial Revenue Funds. The transfers t the Speial Revenue funds are the main reasns fr the derease in General Fund's fund balane this year. Revenues The mbined fund revenues Inreased $ 20,995 this year versus last year r 13%. This Inrease was the result f additinal funding frm GOEA (PA). Expenditures Ttal expenditures dereased by $ 21,074 this year, r 12%. AN ANALYSIS OF THE GENERAL FUND BUDGEI The riginal and flnal budgets fr the General, Title lllb, Title III C1, and Title III C2 funds are lated in the Supplementary Finanial Infrmatin Required by GASB Statement 34 setin f this reprt n pages 29 t 32. When yu review the budget versus atual shedule, yu will nte that the favrable and unfavrable varianes are nt very large. This Is a result f the budget amendment press, whih allws us the pprtunity t use hindsight t adjust the freast made at the beginning f the year, if neessary. AN ANALYSIS OSCAPITAL ASSET ANEJDEBT A'DMiNiSTRATlO^ At the end f the year, the Cunil had $ 309,139 In fixed assets net f aumulated depreiafin f $ 60,193. This amunted t a net derease f $ 12,001 frm last year. Capital Assets, Net f Depreiatin at Year End Land Furniture, Fixtures & Equipment Buildings Gvernmental Ativities $10, ,774 $309,139 $10, $321,140 ENOMid FACTORS AND NEXT^^YEAR'SBUDQETS The Cunil reeives mst f its funding frm federal and state agenies passed thrugh the Cenla Area Ageny n Aging, In. Beause f this, the sure f Inme fr the Cunil is rather steady. Hwever, sme f the Cunil's grants and ntrats are nfingent upn the level f servie prvided by the Cunil, and therefre, revenues may vary frm year t year. In setting the budget fr fisal year 2010, it was imprtant that we deliver at least the same level f servie t ur lients and the publi as we did in All f the Cunil's grants and ntrats frm the usual federal and state agenies have been apprved fr FY There have been n signifiant hanges t the funding levels r terms f the grants and ntrats. Ardingly, we have set ur initial budget t prvide the same prgrams and levels f servie next year. There are n plans t add any signifiant prgrams fr the next year.

9 gl NTACTING THE UNCIL'S MANAGEMENT Our finanial reprt is designed t prvide gvernment agenies and the general publi an verview fthe Cunil's finanes and t demnstrate auntability fr the mney that It reeives. If yu have any questins abut this reprt r wish t ask fr mre infrmatin, yu shuld ntat Plly Dunan, the Cunil's Exeutive Diretr, at the Cunil's main ffie lated at 530 East Bradfrd, Jena, La., by phne at

10 Paul Dauzat, CPA MEMBER pq g,2350 MEMBER AMERICAN INSirrUTE OF r^w/. DUX i^:>v SOCIETY OF LOUISIANA CERTIFIED PUBLIC ACUNTANTS Alexandria, LA artifieo PUBLIC ACUNTANTS INDEPENDENT AUDITOR'S REPORT Bard f Diretrs LaSalle Cunil n Aging, In. Jena, Luisiana I have audited the ampanying general purpse finanial statements f LaSalle Cunil n Aging, In., ( a nnprfit quasipubli rganizatin ) as f and fr the year ended June 30, These general purpse finanial statements are the respnsibility f the Cunil's management My respnsibility is t express an pinin n these general purpse finanial statements based n my audit I nduted my audit in ardane with generally aepted auditing standards in the U.S. and the standards appliable t the finanial audits ntained in Gvemment Auditing Standards, issued by the Cmptrller General f the United States. Thse standards require that I plan and perfrm the audit t btain reasnable assurane abut whether the general purpse finanial statements are free f material misstatement An audit indudes examining, n a test t>asis. evidene supprting the amunts and dislsures in the general purpse finanial statements. An audit als inludes assessing the aunting priniples used and signifiant estimates made by management, as well asevaluatlng the verall general purpse finanial statement presentatin. I believe that my audit prvides a reasnable basis fr my pinin. In my pinin, the general purpse finanial statements referred t abve present fairiy, in all material respets, the finanial psifin f LaSalle Cunil n Aging, In., as f June 30, 2009, and the results f Its perafins fr the year then ended in nfrmity with generally aepted aunting priniples. In ardane with Gvemment Audifing Standands, I have als issued my reprt dated September 2, 2009 n my nsideratin f the Cundl's Intemal ntrl ver finanial reprting and my test f its mpliane with ertain prvisins f lav^, regulatins and ntrats. My audit was made fr the purpse f frming an pinin n the general purpse finanial statements taken as a whle. The additinal infrmatin as listed in the table f ntents is presented fr purpses f additinal analysis and Is nt a required part f the general purpse finanial statements f LaSalle Cunil n Aging, In. Suh Infrmatin has been subjeted t the auditing predures applied in the audit f the general purpse finanial statements and. in my pinin, is fairiy presented in all material respets in relatin t the general purpse finanial statements taken as a whle. J(JL /^'^^ Raul Dauzat Certified Publi Auntant September 2, 2009 (318) Cell (3 I 8) FAX (3 I 8)

11 GOVERNMENT WIDE FINANCIAL STATEMENTS

12 LASALLE UNCIL ON AGING, INC. JENA, LOUISIANA GOVERNMENT WIDE STATEMENT OF NET ASSETS JUNE 30, 2009 Gvernmental Ativities Assets Cash Grants and Cntrats Reeivable Capital Assets ( net f aumulated depreiatin) Ttal Assets LI abilities Aunts Payable Building Nte Payable Ttal Liabilities 64, , ,893 Net Assets Invested in Capital Assets ( net f debt) Restrited fr Utility Assistane Unrestrited/ Undesignated Ttal Net Assets 290, ,363 $ 363,263 The ampanying ntes are an integral part f this statement.

13 . u) eg <1> ^ S E > Cvj n CD CM Gl S n m ^ ' in in d O ^ O m V) : ^1 C O ^ 15 z < z < 2i =i 5 D U 8< UJ lu IJ n 1 < </> 3 UJ H S i ^ N ^> 1 ^ z z II r< 2 H fi w 2 UJ < O HI 5^ 1 I 2 UJ a: 5 z " Q: m > > ID O D^ ra i. O) 0. O ral n J2 2 "5 O n )S 5 2 ^1 O ra 3 s CD ' ' in T' 00 CM CM T' _ Tf S8 T' " s s CM' (7)' T g^" CM in ' Tt S_ in in" ^" Cl. CL D CM in CM CTT Tt" CM vi" ^ (O r^ _ ^" V ^?i la CM in to r' CM" T' Oi CM" ^ CM_ ^ O 00 CM h in in T~ (A w a> > a: 1 (D C s (A E 2 Q. O (D a. 2 ^ E XI E.3 B 2 O 0) G ~. > (0 ^ Z3 S 3 t. 2 CD O TO H w 1 < 0) z d) S V) ra E CQ 1 ' (D CD 5 z i >> 1 LiJ a> <D z O t ra Q. 2 ra 2 ra s 8 n ra ra 2 = O I ffi 3 O w 0) O 0 w ra (D ra n 'E ^ = S >. S S _ ra ^ (0, w u_ (U /) t/j S «S. D w = ~. 0) < S S^ O ^ 0) i3 ^ CC O X i^ I ^ E Si W ;^

14 FUND FINANCIAL STATEMENTS

15 m ^ O) r^ 5 If) r^ LO in Tf T " " ID 00 CD 1^ in CD " ' CM CM' 1^,^ in CD CM' r^ 1^ CM lo «CM ' ' T^ CD» 0 1 z m D 3 u h CM y^ d z << J 5 is O UJ UJ LU UJ Q z LL 0> W ^ CM UJ H O 2 " 2 UJ UJ J C ^ < Ul CQ > O OQ e^ D (U (U! S D J: 2 "3 O w!(? S "^ «S 1; 2? ^ m ^ It ra CJ i * C 3 E w= 0 0 ra '^ D C u_ "(5 ^ 0) in in T s t^ 00 I^ CM in h CM' " > ra TO _ V E E > 7^ < n 0) a: /A > a: O C/5 < E r P "t I i2 ^ (D t: 3 «O O Q < D ^.9> O _ = 0 r "^ z! is CD r O 3 g<5 D r O) L: S5 < ^ 2 u. = > *= <D Q) D 0) 3 C 3 w B B " 'Q. 'Q. 3 ra ra I 9 9 < = «, w

16 CJ> C:> O h_ 0_ 'i' " G> O) 1^ in CM a> T ^ ' h in G) r CD CM_ s C3)' 8 CM 00 ^' ^'" in 5! in ^ ' in CM O} CM" CD G> N. T t in tl " i/> O) CM r~ O a> Tf' ^ ' in 1 in fi LO CD r^ CM in h in O) in t T in n CM' '^ ^ ^ t~ in CM in CD CM' z < 2 Z O < tf) UJ tf) ii <" > I tf) < UJ H n z 3 UJ b s Z Qi UJ Ul Q. > X UJ tff w UJ UJ D O >^ UJ < Q:CD Si UJ z tf) H UJ < O H Z tf) < X «tf) O ^ CM DQ 1 4* P r ^ O C C 3 u. O «/> t^ <^ 36,242 i 5:" O " «/> 00 CD' " in _ '*" CM CD' h C3) CD O CD?5 in < O) T CM ^ T '^" " T' CM CM O CM 00 ' 00»! T h T in CM tn t ^" tn CM" r CD CD CD T_ in in ' ' ' * T in" a> _ Ln CD CD in " S O t UJ P r i < r g> P " E S 5 (0 CD D > (D «^ ^ ^ ^ Q. ^ '5 r t/i (/i Q. OJ U CD «W.... fs J? 5 2 >. a> 0 fi^ fe P r toul0003gd.^ O Q D C 0 Q. X

17 sl CM '^' CM,^_ Tj" TJ ^ in CD_ CM" 1^ O 00 ^ O Th " i ^ in C7) TO CM y^ CM O G> CD in ' ' T CM CM CD r^ CD' T' CM ^ w CD S CM h CD in j:'s T in t '^" CM CM S h" * CD CM' >» u u T3 0) 0) UJ <u 8 II ) 2 2 ^ S I O D) CJ) C.E C r ^ 2^E J 0) CD ^ 1 CL Q. 2 O O U C r ra CD "O 3 U O I (0 D) C D) m (D~ O r r D C UJ r r QQ O D 3 3

18 LaSalle Cunil n Aging, In. Jena, La. Reniliatin f the Statement f Revenues, Expenditures, and Changes in Fund Balanes f Gvernmental Funds t the Statement f Ativities Year Ended June 30, 2009 Net Inrease (Derease) in fund balanes ttal gvernmental funds $ 24,220 Gvernmental funds reprt apital utlays as expenditures. Hwever, in the Statement f Ativities the st f these assets is allated ver their estimated useful lives and reprted as depreiatin expense. This is the amunt by whih depreiatin exeeded apital utlays in the urrent perid. (12,001) Repayment f nte prinipal is an expenditure in the gvernmental funds, but the repayment redues lngterm liabilities in the Statement f Net Ativities. 2,925 Inrease (Derease) f net assets f gvernmental ativities $ 15,144 The ampanying ntes are an integral part f this statement 15

19 LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 Purpse f the Cunil n Aging and Summary f Signifiant Aunting Pliies A. Purpse fthe Cunil n Aging The purpse f the Cunil is t llet fats and statistis and make speial studies f nditins pertaining t the emplyment, finanial status, rereatin, sial adjustment, mental and physial health r ther nditins affeting the welfare fthe aging peple in the parish; t keep abreast fthe latest develpments in these fields f ativity thrughut Luisiana and the United States; t interpret its findings t the itizens f the parish and state level; t ndut publi meetings t make remmendatins fr needed imprvements and additinal resures; t prmte the welfare f aging peple when requested t d s; t rdinate and mnitr servies f ther lal agenies serving the aging peple f the parish; and t assist and perate with the Gvernr's Offie f Elderly Affairs ( GOEA) and ther departments f state and lal gvernments serving the elderly; and t make remmendatins relevant t the planning and delivery f servies t the elderly f the parish. Speifi servies prvided by the Cunil t the elderly residents f the parish inlude prviding ngregate and hme delivered meals, nutritinal eduatin, wellness, infrmatin and assistane, utreah, hre, telephning, mediatin management, sitter, inhme respite, utility assistane, rereatin and transprtatin. B. Reprting Entity In 1964, the State f Luisiana passed At 456 authrizing the harter f a vluntary unil n aging fr the welfare f the aging peple in eah parish f Luisiana. Hwever, befre the unil n aging an begin peratins in a speifi parish, its appliatin fr a harter must reeive apprval frm the Gvernr's Offie f Elderly Affairs pursuant t LA R.S. 46:1602. The funtins f eah unil n aging in Luisiana must mply with the GOEA. The Organizatin is a legally separate, nnprfit, quasipubli rpratin. It reeived its harter and began peratins n July 8,1969. A bard f diretrs, nsisting f 11 vluntary members, wh serve three year terms, gverns the Cunil. The bard f diretrs is mprised f, but nt limited t representatives fthe Parish's elderly ppulatin, general publi, private businesses and eleted publi ffiials. Bard members are eleted annually. Membership in the Cunil is pen at all times, withut restritin, t all residents fthe parish wh have reahed the age f majrity and wh express an interest in the Cunil and wish t ntribute t r share in its prgrams. Membership fees are nt harged. Based n the riteria set frth in GASB Statement 14, the Cunil n Aging is nt a mpnent unit f anther primary gvernment nr des it have any mpnent units that are related t it. In additin, based n the riteria set frth in GASB Cdifiatin Setin 2100, the Cunil has presented its finanial statements as a primary gvernment, beause it is a speialpurpse gvernment that has a separately eleted gverning bdy, is legally separate, and is fisally independent f ther state and lal gvernments. As previusly 16

20 LASALLE UNCIL ON AGING. INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 mentined, GOEA establishes the pliies and regulatins that all unils must fllw. Inluded in its pliies is a prvisin that the Cunil's budget be apprved by GOEA. Hwever, this apprval press is part f GOEA's general versight respnsibility fr the Cunil and is mre ministerial r mpliane riented than substantive. Ardingly, the Cunil is viewed as being fisally independent fr purpses f applying the reprting entity riteria f GASB Statement 14. C. Presentatin f Statements The Cunil's statements are prepared in ardane with aunting priniples generally aepted ( GAAP ) in the United States f Ameria as appliable t gvernmental entities. The Gvernmental Aunting Standards Bard (GASB) is respnsible fr establishing GAAP fr state and lal gvernments thrugh its prnunements (Statements and Interpretatins ). Gvernments are als required t fllw the prnunements fthe Finanial Aunting Standards Bard ( FASB ) issued thrugh Nvember 30,1989 (when appliable ) that d nt nflit with r ntradit GASB prnunements. The Cunil has the ptin t apply FASB prnunements issued after that date t its businesstype ativities and enterprise funds; hwever, the Cunil has hsen nt t d s beause it des nt have any businesstype ativities r enterprise funds. The mre signifiant aunting pliies established in GAAP and used by the Cunil are disussed belw. In June 1999, the Gvernmental Aunting Standards Bard (GASB ) unanimusly apprved Statement N. 34, Basi Finanial Statements and Management's Disussin and Analysis fr State and Lal Gvernments. Certain f the signifiant hanges in the Statement inlude the fllwing: * A Management Disussin and Analysis ( MD & A ) setin prviding an analysis fthe Cunil's verall finanial psitin and results f peratins. * GvernmentWide Finanial statements prepared using full arual aunting fr all f the Cunil's ativities. * A hange in the fund finanial statements t fus n the majr funds. These and ther hanges are refleted in the ampanying finanial statements (inluding ntes t finanial statements ). The Cunil was required t implement the general prvisins f GASB Statement N. 34 in the fisal year ended June 30, D. Basi Finanial StatementsGvemmentWlde Statements The Cunil's basi finanial statements inlude bth GvernmentWide (reprting the Cunil as a whle) and fund finanial statements (reprting the Cunil's majr funds ). Bth the GvernmentWide and Fund Finanial Statements ategrize primary ativities as either gvernmental r business type. The Cunil's funtins and prgrams have been 17

21 LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 lassified as gvernmental ativities. The Cunil des nt have any businesstype ativities, fiduiary funds, r any mpnent units that are fiduiary in nature. Ardingly, the GvernmentWide finanial statements d nt inlude any f these ativities r funds. In the GvernmentWide Statement f Net Assets, the gvernmental type ativities Clumn is presented n a nslidated basis by lumn, and is reprted n a full arual, enmi basis whih regnizes all lngterm assets and reeivables as well as lngterm debt and bligatins. The Cunil's net assets are reprted in three parts; invested in apital assets, net f related debt; restrited net assets; and unrestrited net assets. Invested in apital assets, net f related debt, nsists f apital assets inluding restrited apital assets, net f aumulated depreiatin and redued by the utstanding balanes f any bnds, mrtgages, ntes, r ther brrwings that are attributable t the aquisitin, nstrutin, r imprvement f thse apital assets. Restrited net assets nsist f net assets with nstraints plaed n the use either by (1 ) external grups suh as reditrs, grantrs, ntributrs, r laws and regulatins f ther gvernments; r (2 ) law thrugh nstitutinal prvisins r enabling legislatin. Unrestrited net assets inlude all ther net assets that d nt meet the definitin f" restrited" r" invested in apital assets, net f related debt". The Cunil's pliy is t use restrited resures first t finane its ativities. Quite ften unrestrited resures are available fr use that must be nsumed r they will have t be returned t GOEA. In suh ases it is better fr management t elet t apply and nsume the unrestrited resures befre using the restrited resures. As a result, the Cunil will depart frm its usual pliy f using restrited resures first. The GvernmentWide Statement f Ativities reprts bth the grss and net st f eah f the Cunil's funtins and signifiant prgrams. Many funtins and prgrams are supprted by general gvernment revenues like intergvernmental revenues and unrestrited investment inme, partiularly if the funtin r prgram has a net st The Statement f Ativities begins by presenting grss diret and indiret expenses that inlude depreiatin, and then redues the expenses by related prgram revenues suh as perating and apital grants and ntributins, t derive the net st f eah funtin r prgram. Prgram revenues must be diretly assiated with the funtin r prgram t be used t diretly ffset its st. Operating grants inlude peratingspeifi and disretinary ( either perating r apital) grants, while the apital grants lumn reflets apitalspeifi grants. The Cunil allates its indiret sts amng varius funtins and prgrams in ardane with Cirular A87. The Statement f Ativities presents this allatin in a separate lumn labeled indiret expenses. In additin, GOEA prvides grant funds t help the Cunil pay fr a prtin f its indiret sts. As a result, nly the indiret sts in exess f the GOEA funds are allated t the Cunil's ther funtins and prgrams. The GvernmentWide Statements fus n the Cunil's ability t sustain peratins and the hange in its net assets resulting frm the urrent year's ativities. 18

22 LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 E. Basi Finanial StatementsFund Finanial Statements The finanial transatins f the Cunil are reprted in individual funds in the Fund Finanial Statements. The peratins f eah fund are aunted fr with a separate set f selfbalaning aunts that mprise its assets, liabilities, equity, revenues and expenditures. Resures are allated t and aunted fr in individual funds based n the purpse fr whih they are t be spent and the means by whih spending ativities are ntrlled. The varius funds are reprted by generi lassifiatin within the finanial statements. The Cunil uses gvernmental fund types. The fus fthe gvernmental fund measurement (in the fund statements ) is n the determinatin f finanial psitin and hanges in finanial psitin ( sures, uses and balanes f finanial resures ) rather than n net inme. An additinal emphasis is plaed n majr funds within the gvernmental fund types. A fund is nsidered majr if it is the primary perating fund f the Cunil r if its ttal assets, liabilities, revenues r expenditures are at least 10 % f the rrespnding ttal fr all funds f that ategry r type. Gvernmental fund equity is alled fund balane. Fund balane is further lassified as reserved and unreserved, with unreserved being further divided int designated and undesignated. Reserved means that the fund balane is nt available fr expenditure beause resures have already been expended ( but nt nsumed ), r a legal restritin has been plaed n ertain assets that makes them nly available t meet future bligatins. Designated fund balanes result when management tentatively sets aside r earmarks ertain resures t expend in a designated manner. In ntrast t reserved fund balanes, designated amunts an be hanged at the disretin f management. The fllwing is a desriptin fthe gvernmental funds fthe Cunil: * The General Fund is the general perating fund f the Cunil. It is used t aunt fr all finanial resures exept thse required t be aunted fr in anther fund. * Speial Revenue Funds are used t aunt fr the preeds f speifi revenue sures that are legally restrited t expenditures fr speified purpses. A large perentage fthe Cunil's speial revenue funds are Title III funds. These funds are prvided by the United States Department f Health and Human ServiesAdministratin n Aging t the Gvernr's Offie f Elderiy Affairs, whih in turn passes thrugh the funds t the Cenla Area Ageny n Aging, whih passes thrugh the funds t the Cunil n a predetermined unit st reimbursement basis. The Cunil has established several speial revenue funds. The fllwing is a brief desriptin f eah speial revenue fund's purpse: 19

23 Majr Speial Revenue Funds LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 The Title III B Fund is used t aunt fr funds whih are used t prvide varius units f supprtive sial servies t the elderly. GOEA has established the riteria fr defining a qualifying unit f servie fr eah Title111 B prgram. The Title III C2 Fund is used t aunt fr funds that are used t prvide nutritinal meals t hmebund lder persns. The Cunil served 16,440 meals during the year t peple eligible t partiipate in this prgram. 77ie Senir Center Fund is used t aunt fr the administratin f Senir Center prgram funds apprpriated by the Luisiana Legislature t GOEA, wh passes n the funds t the Cunil. The purpse f this prgram is t prvide a mmunity servie enter at whih elderiy peple an reeive supprtive sial servies and partiipate in ativities whih fster their independene, enhane their dignity, and enurage their invlvement in and with the mmunity. The senir enter fr the Parish is lated in Jena, La. Senir Center funds an be used at management's disretin t supprt any fthe Cunil's prgrams that benefit the elderly. Ardingly, during the fisal year, the Senir Center Fund transferred all f its grant revenue t the Title III B Fund t purhase units f servie fr elderiy persns wh use the senir enter. NnMajr Speial Revenue Funds The Title IH D Fund is used t aunt fr funds used fr disease preventin and health prmtin ativities. The Title III C1 Fund is used t aunt fr funds that are used t prvide nutritinal, ngregate meals t the elderiy at meal sites lated in the Parish. During the year the Cunil served 6,491 meals t peple eligible t partiipate in this prgram. The Title III E Fund aunts fr the resures and ativities fthe Natinal Family Caregiver Supprt Prgram. The purpse fthe prgram is t prvide multifaeted systems f supprt servies fr the family aregivers f lder individuals wh are relative aregivers. The Utility Assistane Fund is used t aunt fr the administratin f utility assistane that is spnsred by lal utility mpanies. The mpanies llet ntributins frm servie ustmers and remit the funds t the Parish Cunils n aging t prvide assistane t the elderiy fr the payment f utility bills. Entergy Crpratin Helping Hands dnatins are prvided thrugh the East Batn Ruge Cunil n Aging, in. The Supplemental Senir Center Fund was established t aunt fr funds that were apprpriated by the Luisiana Legislature fr the varius unils n aging thrughut Luisiana t supplement eah unil's primary grant fr senir enter peratins and ativities. The Cunil was ne fthe parish unils t reeive a supplemental grant. The mney reeived by this fund during the year was transferred t the Title III B Fund t supplement the senir enter servies purhased frm this fund. 20

24 LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 F. Measurement Fus and Basis f Aunting Basis f aunting refers t when revenues r expenditures/expenses are regnized in the aunts and reprted in the finanial statements. It relates t the timing fthe measurements made regardless f the measurement fus applied. * Arual BasisGvernmentWide Finanial Statements (GWFS ) The Statement f Net Assets and the Statement f Ativities display infrmatin abut the Cunil as a whle. Bth f these statements have been prepared using the enmi measurement fus and the arual basis f aunting. Revenues, expenses, gains, lsses, assets, and liabilities resulting frm exhange and exhange like transatins are regnized when the exhange takes plae. G. Interfund Ativity * Mdified Arual BasisFund Finanial Statements ( FFS ) The aunting and finanial reprting treatment applied t a fund is determined by its measurement fus. Gvernment fund types use the flw f urrent finanial resures measurement fus and the mdified arual basis f aunting. Under the mdified arual basis f aunting, revenues are rerded when suseptible t arual; i.e., when they are bth measurable and available. Measurable means the amunt fthe transatin an be determined and available means lletible within the urrent perid r sn enugh thereafter t pay liabilities fthe urrent perid. The Cunil nsiders all revenues available if they are lleted within 60 days after year end. Expenditures are generally rerded under the mdified arual basis f aunting when the related liability is inurred. The exeptins t this general rule are that unmatured priniple and interest n lngterm debt, if any, are rerded when due, and laims and judgments and mpensated absenes are rerded as expenditures when paid with expendable available finanial resures. Interfund ativity is reprted as either lans r transfers. Lans between funds are reprted as interfund reeivables and payables as apprpriate and are subjet t eliminatin upn nslidatin. All ther interfund transatins are treated as transfers. Transfers represent a permanent reallatin f resures between funds. Transfers between funds are netted against ne anther as part f the reniliatin f the hange in fund balanes in the fund finanial statements t the hange in net assets in the GvernmentWide Finanial Statements. H. Cash and Cash Equivalents Cash inludes amunts in demand depsits, interestbearing demand depsits, and petty ash. Cash equivalents inlude amunts in time depsits and thse investments with riginal maturities f 90 days r less. Cash and ash equivalents are reprted at their arrying amunts that equal their fair values. 21

25 LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 L Investments GASB Statement N. 31 requires the Cunil t reprt its investments affair value, exept fr investments in nnpartiipating interest earning ntrats, suh as nnnegtiable ertifiates f depsit with redemptin terms that d nt nsider market rates. This type f investment is reprted using a st based measure, prvided that the fair market value f the ntrat is nt signifiantly affeted by the impairment f the redit standing f the issuer r ther fatrs. Investments that inlude seurities traded n a natinal r internatinal exhange are valued based n their last reprted sales prie. Investments that d nt have an established market are reprted at estimated fair value. J. Capital Assets The aunting and reprting treatment applied t the apital assets assiated with a fund are determined by its measurement fus. Capital assets are lng lived assets that have been purhased r aquired with an riginal st f at least $ 1,000 and that have an estimated useful life f greater than ne year. When purhased r aquired, these assets are rerded as apital assets in the GvernmentWide Statement f Net Assets. In ntrast, in the Fund Finanial Statements, apital assets are rerded as expenditures f the fund that prvided the resures t aquire the asset. If the asset was purhased, it is rerded in the bks at its st. If the asset was dnated, then it is rerded at its estimated fair market value at the date f dnatin. Capital assets rerded in the GvernmentWide Finanial Statements are depreiated using the straightline methd fr the assets estimated useful lives. The estimated useful lives f the varius lasses f apital assets are as fllws: Buildings 30 years Building Imprvements 20 years Equipment 510 years Furniture 10 years Vehiles 5 years Cmputers 3 years Salvage values have nt been estimated by management when alulating hw muh f an asset's st needs t be depreiated exept fr vehiles. Fr that ategry f apital assets, management has used 10 % f the vehile's initial st as a salvage value estimate. Depreiatin is nt mputed r rerded n apital assets fr purpses fthe Fund Finanial Statements. K. Cmpensated Absenes Annual leave is earned by emplyees and may be arried ver int the next year at a rate f n mre than ne year's aumulatin. This amunt is nt signifiant and has nt been rerded in the finanial statements. 22

26 L. Management's Use f Estimates LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 The preparatin f finanial statements in nfrmity with generally aepted aunting priniples requires management t make estimates and assumptins that affet ertain reprted amunts and dislsures. Ardingly, atual results may differ frm thse estimates. M. Eliminatin and Relassfiatins In the press f aggregating data fr the Statement f Net Assets and the Statement f Aivities, sme amunts reprted as interfund ativity and balanes in the funds were eliminated r relassified. Interfund reeivables and payables were eliminated t minimize the "grssing up" effet n assets and liabilities within the gvernmental ativities lumn. ftijwszgjl Revenue Regnitin Revenues are rerded in the GvernmentWide Statements when they are earned under the arual basis f aunting. In applying the suseptible t arual nept, intergvernmental grant revenues, prgram servie fees, and interest inme are usually bth measurable and available. Hwever, the timing and amunts fthe reeipts are ften diffiult t measure; therefre, they are rerded as revenue in the perid reeived. MOTB#g Cash The Cunil maintains tw heking aunts t depsit mney it llets and t pay bills. The nslidated bank aunt is available fr use by all funds. The purpse f this aunt is t redue administratin sts and failitate ash balanes t ver any negative ash balanes in ther funds at year end. At June 30, 2009, the balanes f the Cunil's bank aunts ttaled $ 64,442. All fthe depsits were vered by Federal depsitry insurane. GASB Statement N. 3 ategrized the redit risk f these depsits as Categry 1 beause they are fully insured. The lleted bank balanes ttaled $ 72,857. ISDfE^i?^ Cntrats Reeivable Gvernment grants and ntrats reeivable represent amunts wed t the Cunil under a grant award r ntrat with a prvider f Federal, State, r lal funds; suh amunts being measurable and available as f year end. Gvernment grants and ntrats reeivable at year end nsist f the fllwing: Funding Prgram Fund Ageny Amunt Title lllb Speial Revenue Cenla AAA $ 3,506 23

27 LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 Title III C1 Title III C2 Title111 E Title III D Speial Revenue Speial Revenue Speial Revenue Speial Revenue Cenla AAA Cenla AAA Cenla AAA Cenla AAA 2,088 1,392 1, Ttal $ 8,574 p^^^^ Changes in Prperty and Equipment A summary f hanges in prperty and equipment fllws: Land Buildings Furniture and Equipment Balane 6/30/2008 $ ,931 1,400 Balane Additins Deletins 6/30/2009 $ $ $ 10, ,931 1,400 Ttals $369,331 $ $ $369,331 Aumulated depreiatin at June 30, 2009 was $ 60,193. Depreiatin was harged t gvernmental ativities as fllws: Supprtive Servies: Rereatin ( Nnpririty servies ) $ 12,001 N^&JSM Bard f Diretrs' Cmpensatin The Bard f Diretrs is a vluntary bard; therefre, n mpensatin has been paid t any member. Hwever, bard members are reimbursed fr any ut f pket sts that they might inur n behalf f the Cunil in ardane with the Cunil's appliable reimbursement pliy. ^InKind Cntributins The Cunil reeived varius inkind ntributins during the year. Senir Center failities were furnished in 011a, La t the Cunil withut harge fr rent and utilities. These ntributins are nt material and have nt been reprted as revenues and the ffsetting expenditures as sts in the finanial statements. The Cunil reeived title t land dnated by the twn f Jena. La fr use in nstrutin f a newfaility. The fair market value f the land was estimated t be $ 10,000 at the time f dnatin. 24

28 LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 Inme Tax Status The Cunil is a nnprfit rpratin and is exempt frm Federal inme taxatin under Setin 501 ( ) ( 3 ) f the Internal Revenue Cde, and as an rganizatin that is nt a private fundatin as defined in Setin 509 ( a ) f the de. It is als exempt frm Luisiana inme tax. fgjjggp^^ Judgments, Claims and Similar Cntingenies There is n litigatin pending against the Cunil as f year end. The Cunil's management believes that any ptential lawsuits wuld be adequately vered by insurane r reslved withut any material impat upn the Cunil's finanial statements. ^CntingeniesGrant Prgrams The Cunil partiipates in a number f State and Federal grant prgrams, whih are gverned by varius rules and regulatins. Csts harged t the respetive grant prgrams are subjet t audit and adjustment by the grantr agenies; therefre, t the extent that the Cunil has nt mplied with the rules and regulatins gverning the grants, refunds f any mney reeived and the lletin f any related reeivable at year end may be impaired. In management's pinin, there are n signifiant ntingent liabilities relating t mpliane with the rules and regulatins gverning State and Federal grants; therefre, n prvisin has been rerded in the ampanying finanial statements fr suh ntingenies. Audits f prir years have nt resulted in any signifiant disallwed sts r refunds. Any sts that wuld be disallwed wuld be regnized in the perid agreed upn by the grantr ageny and the Cunil. Enmi Dependeny The Cunil reeives the majrity f its revenue thrugh grants frm the Luisiana Gvernr's Offie f Elderly Affairs ( GOEA ) and awarded t the Cenla Area Ageny n Aging, In. wh awards these grants t the Cunil n a per unit f servie prvided. The grant amunts are apprpriated eah year by Federal and State gvernments. If signifiant budget uts are made at the Federal and/r State level, the amunt f funds the Cunil reeives uld t>e redued signifiantly and have an adverse impat n its peratins. Management is nt aware f any atins that will adversely affet the amunt f funds the Cunil will reeive in the next fisal year. Risk Management The Cunil is expsed t varius risks f lss related t trts; theft f, damage t, and destrutin f assets; errrs and missins; jb related illnesses r injuries t emplyees; and natural disasters. The Cunil has purhased mmerial insurane t ver r redue the risk f lss that might arise shuld ne f these inidents ur. There have been n signifiant redutins in verage frm the prir year. N settlements have been made. 25

29 LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 ^^^gg'^t^rfund Transfers Operating transfers in and ut are listed by fund fr fisal year ended 2009: Transferred In Title 111 D Title 111 B Title 111 C1 TiOe 111 C2 Title 111 E General Fund C1 Title B III C2 $ $ $ Transferred DA Out Supp Senir Senir General Center Center Fund $ 39 $ $ Ttal In $ Ttal Out $ 3,586 $ 1,782 $ $ $ $ $ 2,990 $ 3,068 $ Transfers are used t mve revenues frm the fund that statute r budget requires t expend them, and t use unrestrited revenues lleted in the General Fund t finane varius prgrams aunted fr in ther funds in ardane with budgetary authrizatins. These transfers were eliminated as a part f the nslidatin press in preparing the Gvernment Wide Finanial Statements. SffiMiS'^^'^^^^ Party Transatins There were n related party transatins during the year. Iit>f6tl5fl Changes in LngTerm Debt LngTerm debt was aquired t finane a new Cunil faility. The fllwing is a shedule f the hanges in lngterm debt. Beginning balanejuly 1, 2008 Dereases Ending balane June 30, 2009 Current prtin Lng term prtin Ttal Gvernmental Ativity Lng Term Debt $ 21,452 (2,925) $ 18,527 3,068 15,459 $ 18,527 26

30 LASALLE UNCIL ON AGING, INC. NOTES TO FINANCIAL STATEMENTS June 30, 2009 Future Debt Retirement Year Ending Priniple Interest 6/30/2010 6/30/2011 6/30/2012 6/30/2013 6/30/2014 6/30/2015 3,068 3,219 3,376 3,541 3, Ttal $ 18,527 $

31 SUPPLEMENTARY INFORMATION REQUIRED BY GASB STATEMENT 34

32 LASALLE UNCIL ON AGING, INC, Jena, Luisiana Budgetary Cmparisn SheduleGeneral Fund Fr The Year Ended June 30, 2009 Original Budgeted Amunts Final Atual Amunts GAAP Basis Variane with Final Budget Favrable (Unfavrable) REVENUES Intergvemmental Gvemr's Offie f Elderly Affairs Plie Jury Investment Inme Publi Supprt Ttal Revenues $ 37,500 3, $ , $ , ,741 EXPENDITURES Current: Salaries Fringe Travel Operatir>g Servies Operating Supplies Other Csts Ttal Expenditures 5, ,355 (5,855) (400) (100) (6,355) Exess (Defiieny) f Revenues Over Expenditures 41, , OTHER FINANCING SOURCES(USES) Transfers In Transfers Out. (40,500). (50,500) (50,567) (67) Ttal Other Finaning Sures and Uses (40,500) (50,500) (38,735) Net Inrease (Derease) in Fund Balanes FUND BALANCES Beginning f Year 47, ,612 End f Year $ $ 48,212 $ 72,363 $ The ampanying ntes are an integral part f this statement 29

33 LASALLE UNCIL ON AGING, INC, Jena, Luisiana Budgetary Cmparisn SheduleTitle 111 B Fund Fr The Year Ended June 30, 2009 Original Budgeted Amunts Final Atual Amunts GAAP Basis Variane with Final Budget Favrable (Unfavrable) REVENUES Intergvemmental Gvemr's Offie f Elderly Affairs Passed thrugh Cenla Area Ageny n Aging Investment Inme $ $ 32,199 $ $ 4, Ttal Revenues 32, ,329 4,130 EXPENDITURES Current Salaries Fringe Travel Operating Servies Operating Supplies Other Cst Debt Servie: Priniple Interest Ttal Expenditures , _ 63,122 42,572 5,214 5,502 7, , ,637 44,080 5, , , (1,508) (372) 5,260 (4,822) 585 3,577 1, ,720 Exess (Defiieny) f Revenues Over Expenditures (30,923) (33,438) (28.139) 5,299 OTHER FINANCING SOURCES(USES) Transfers In Transfers Out 30, (1.782) (3.517) (1.782) Ttal Other Finaning Sures and Uses 30,923 33, (5,299) Net Inrease (Deaease) in Fund Balanes FUND BALANCES Beginning f Year End f Year The ampanying ntes are an integral part f ttiis statement. 30