WHITFIELD COUNTY, GEORGIA TABLE OF CONTENTS Year Ended December 31, 2017

Transcription

1

2

3 WHITFIELD COUNTY, GEORGIA TABLE OF CONTENTS Year Ended December 31, 2017 INTRODUCTORY SECTION Letter of Transmittal Certificate of Achievement in Financial Reporting. 7 General Government Officials.. 8 Organizational Chart.. 9 Board of Commissioners.. 10 Commissioner District Map.. 11 FINANCIAL SECTION Independent Auditors Report MANAGEMENT S DISCUSSION AND ANALYSIS BASIC FINANCIAL STATEMENTS. 29 Government-Wide Financial Statements Statement of Net Position. 30 Statement of Activities.. 31 Fund Financial Statements Governmental Funds Balance Sheet Governmental Funds.. 32 Reconciliation of Total Governmental Fund Balances to Net Position of Governmental Activities 33 Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds. 34 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Activities to the Statement of Activities. 35 Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - General Fund Proprietary Funds Balance Sheet Statement of Revenues, Expenses and Changes in Net Position. 42 Statement of Cash Flows Fiduciary Funds Statement of Fiduciary Assets and Liabilities 45 Notes to Basic Financial Statements REQUIRED SUPPLEMENTARY INFORMATION Schedule of Changes in Net Pension Liability and Related Ratios...77 Schedule of Contributions 78 Schedule of OPEB Funding Progress 79

4 WHITFIELD COUNTY, GEORGIA TABLE OF CONTENTS Year Ended December 31, 2017 COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES Governmental Funds Non-major Governmental Funds Combining Balance Sheet By Fund Type 80 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - By Fund Type. 81 General Fund.. 82 Comparative Balance Sheet. 83 Comparative Statement of Revenues, Expenditures and Changes in Fund Balances 84 Detailed Schedule of Revenues and Expenditures Budget and Actual Non-major Special Revenue Funds Combining Balance Sheet Combining Statement of Revenues, Expenditures and Changes in Fund Balances Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual Non-major Debt Service Fund.128 Comparative Balance Sheet Schedule of Revenues, Expenditures and Changes in Fund Balance Budget and Actual. 130 Non-major Capital Projects Fund Comparative-Balance Sheet Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual.133 Major Capital Projects Funds Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual Capital Projects SPLOST Fund. 135 Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual Capital Projects SPLSOT 2015 Fund Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual Capital Projects DBA Bond Fund. 137 Proprietary Funds Non-major Enterprise Fund 138 Comparative Balance Sheet Comparative Statement of Revenues, Expenses and Changes in Net Position 141 Comparative Statement of Cash Flows Schedule of Revenues, Expenses and Changes in Net Position Budget and Actual 144

5 WHITFIELD COUNTY, GEORGIA TABLE OF CONTENTS Year Ended December 31, 2017 Internal Service Fund Comparative Statement of Net Position Comparative Statement of Revenues, Expenses and Changes in Net Position. 147 Comparative Statement of Cash Flows Fiduciary Funds 149 Agency Funds Combining Statement of Changes in Assets and Liabilities STATISTICAL SECTION.153 Financial Trends Net Position by Component Changes in Net Position Fund Balances of Governmental Funds Changes in Fund Balances, Governmental Funds Revenue Capacity Assessed and Estimated Actual Value of Taxable Property Property Tax Rates All Overlapping Governments. 165 Principal Taxpayers. 166 Property Tax Levies and Collections 167 Tax Revenues by Source, Governmental Funds 168 Debt Capacity Ratio of Outstanding Debt by Type Ratio of Net General Bonded Debt to Assessed Value and Net Bonded Debt per Capita. 170 Direct and Overlapping Governmental Activities Debt Legal Debt Margin Information Demographic and Economic Information Demographic Statistics Principal Employers.174 Full-time Equivalent Whitfield County Employees by Function 175 Operating Information Operating Indicators by Function Capital Asset Statistics by Function. 177 SPECIAL REPORT SECTION Independent Auditor s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Independent Auditor s Report on Compliance for Each Major Program and on Internal Control over Compliance required by the Uniform Guidance Schedule of Findings and Questioned Costs..182 Schedule of Expenditures of Federal Awards Schedule of Expenditures for Construction Projects Funded by Special Purpose Local Option Sales and Use Tax 185

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

86

87

88

89

90

91

92

93

94

95

96

97

98

99

100

101

102

103

104

105

106

107

108

109

110

111

112

113

114

115

116

117

118

119

120

121

122

123

124

125

126

127

128

129

130

131

132

133

134

135

136

137

138

139

140

141

142

143

144

145

146

147

148

149

150

151

152

153

154

155

156

157

158

159

160

161

162

163

164

165

166

167

168

169

170

171

172

173

174

175

176

177

178

179

180

181

182

183

184

185

186

187

188

189

190