JACKSON COUNTY, MISSOURI NON MAJOR CAPITAL PROJECTS FUNDS

Transcription

1 NON MAJOR CAPITAL PROJECTS FUNDS Criminal Justice Improvement is used to account for the construction of a County detention center annex and other related improvements. Public Building Corporation Capital Project Fund is used to account for the not for profit corporation established to acquire or construct public sites, buildings, facilities, furnishings, and equipment for the benefit or use of the County. Special Obligation Bond Capital Projects Fund is used to account for the use of special obligation bond proceeds for various capital projects. Sports Complex Sales Tax Capital Project Fund is used to provide funds to implement major renovations to Arrowhead Stadium, Kauffman Stadium, and central service facilities. Truman Medical Center is used to account for the renovation and improvement to Truman Medical Center.

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3 Combining Balance Sheet Nonmajor Governmental Funds Capital Project Funds December 31, 2011 Sports Complex Criminal Public Special Sales Tax Truman Justice Building Obligation Capital Medical Assets Improvement Corporation Bonds Project Center Total Cash and cash equivalents $ 244,286 62, ,426 Restricted assets: Cash and cash equivalents 8,293,958 8,534,562 7,851,948 24,680,468 Total assets $ 244,286 8,293,958 8,534,562 7,851,948 62,140 24,986,894 Liabilities and Fund Balance Liabilities: Accounts payable from restricted assets $ 28,969 1,589,673 2,030,917 3,649,559 Total liabilities 28,969 1,589,673 2,030,917 3,649,559 Fund Balance: Restricted: General government 244, ,286 Public safety 863, ,949 Road, highways, and bridges 8,249,789 8,249,789 Health, welfare, and community development 6,080,940 62,140 6,143,080 Culture and recreation 15,200 5,821,031 5,836,231 Total fund balance 244,286 8,264,989 6,944,889 5,821,031 62,140 21,337,335 Total liabilities and fund balance $ 244,286 8,293,958 8,534,562 7,851,948 62,140 24,986,

4 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds Capital Projects Funds Sports Complex Criminal Public Special Sales Tax Truman Justice Building Obligation Capital Medical Improvement Corporation Bonds Project Center Total Revenues: Intergovernmental $ 3,840,000 3,840,000 Interest 1,084 1,084 Total revenues 3,841,084 3,841,084 Culture and recreation 10,374,302 10,374,302 Public Safety 312, ,871 Health, welfare, and community development 23,218,567 23,218,567 Roads, highways, and bridges 272, ,973 Culture and recreation 739,622 10,859,554 11,599,176 Debt Service: Bond issuance costs 281, ,859 Total expenditures 1,012,595 23,813,297 21,233,856 46,059,748 Excess (deficiency) of revenues over (under) expenditures (1,012,595) (23,813,297) (17,392,772) (42,218,664) Other financing sources (uses): Issuance of debt 24,485,000 24,485,000 Premium on bond issuance 189, ,279 Transfers in 8,431,529 8,431,529 Transfers out (511) (511) Net change in fund balances (1,012,595) 860,982 (8,961,754) (9,113,367) Fund balance beginning of year 244,286 9,277,584 6,083,907 14,782,785 62,140 30,450,702 Fund balance end of year $ 244,286 8,264,989 6,944,889 5,821,031 62,140 21,337,

5 Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual (Budgetary Basis) Public Building Corporation Fund Variance with final budget Original Final positive budget Revisions budget Actual (negative) Current: Roads, highways, and bridges: Road projects 176, ,296 2, ,502 Roads and equipment 821, ,958 17, ,458 City of Kansas city 5,598,122 5,598,122 5,084 5,593,038 Total roads, highways, and bridges 6,596,376 6,596,376 25,378 6,570,998 Culture and recreation: Fort Osage 2 and improvements 665, , , ,802 Total culture and recreation 665, , , ,802 Total capital outlay 7,261,605 7,261, ,805 6,792,800 Excess (deficiency) of revenues over (under) expenditures (7,261,605) (7,261,605) (468,805) (6,792,800) Fund balance beginning of year 9,277,584 Encumbrances outstanding beginning of year (926,995) Encumbrances canceled 93,536 Encumbrances outstanding end of year 289,669 Fund balance end of year $ 8,264,

6 Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual (Budgetary Basis) Special Obligation Bonds (Capital Project) Fund Variance with final budget Original Final positive budget Revisions budget Actual (negative) Current: Public safety: My Arts Grant Match 1,100,000 1,100, , ,363 Total public safety 1,100,000 1,100, , ,363 Health, welfare, and community development Truman Medical Center East 24,385,000 24,385,000 21,628,332 2,756,668 Independence Animal Shelter 4,791,480 4,791,480 4,791,480 Total health, welfare, and community development 4,791,480 24,385,000 29,176,480 26,419,812 2,756,668 Total capital outlay 5,891,480 24,385,000 30,276,480 27,415,449 2,861,031 Debt services: Bond issuance costs 289, , ,859 7,420 Total debt service 289, , ,859 7,420 Total expenditures 5,891,480 24,674,279 30,565,759 27,697,308 2,868,451 Excess (deficiency) of revenues over (under) expenditures (5,891,480) (24,674,279) (30,565,759) (27,697,308) 2,868,451 Other financing sources (uses): Issuance of debt 1,100,000 24,674,279 25,774,279 24,485,000 (1,289,279) Premium on bond issuance 189, ,279 Excess of revenues and other financing sources over (under) expenditures and other financing uses $ (4,791,480) (4,791,480) (3,023,029) 1,768,451 Fund balance beginning of year 6,083,907 Encumbrances outstanding beginning of year (107,032) Encumbrances canceled (8,574) Encumbrances outstanding end of year 3,999,617 Fund balance end of year $ 6,944,

7 Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual (Budgetary Basis) Sports Complex Sales Tax (Capital Project) Fund Variance with final budget Original Final positive budget Revisions budget Actual (negative) Revenues: Intergovernmental: Local governments $ 17,280,000 17,280,000 3,840,000 (13,440,000) Total intergovernmental 17,280,000 17,280,000 3,840,000 (13,440,000) Interest 820, ,000 1,084 (818,916) Miscellaneous Total revenues 18,100,000 18,100,000 3,841,084 (14,258,916) Current: Culture and recreation: Repair, maintenance, management, and operations 8,500,000 8,500,000 6,218,465 2,281,535 Arbitrage allowance 7,400,000 7,400,000 4,155,837 3,244,163 Total culture and recreation 15,900,000 15,900,000 10,374,302 5,525,698 Culture and recreation: Kansas City Chiefs Projects 19,675,000 19,675,000 7,984,922 11,690,078 Kansas City Royals Projects 1,300,000 1,300,000 29,888 1,270,112 Repair, maintenance, management, and operations 10,500,000 10,500,000 2,824,421 7,675,579 Tax Credit Capital 20,000 (20,000) Kansas City Chiefs Investment Proceeds 800, , ,677 Kansas City Royals Investment Proceeds 1,300,000 1,300,000 1,300,000 Total capital outlay 33,575,000 33,575,000 10,859,554 22,715,446 Total expenditures 49,475,000 49,475,000 21,233,856 28,241,144 Excess (deficiency) of revenues over (under) expenditures (31,375,000) (31,375,000) (17,392,772) 13,982,228 Other financing sources (uses): Transfers in 14,975,000 14,975,000 8,431,529 (6,543,471) Transfers out (25,000) (25,000) (511) 24,489 Excess of revenues and other financing sources over (under) expenditures and other financing uses $ (16,425,000) (16,425,000) (8,961,754) 7,463,246 Fund balance beginning of year 14,782,785 Fund balance end of year $ 5,821,