AMITE RIVER BASIN DRAINAGE AND WATER CONSERVATION DISTRICT STATE OF LOUISIANA BASIC FINANCIAL STATEMENTS WITH SUPPLEMENTAL INFORMATION SCHEDULES

Transcription

1 F;I 1:27 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA BASIC FINANCIAL STATEMENTS WITH SUPPLEMENTAL INFRMATIN SCHEDULES YEARS ENDED JUNE 30, 2004 AND 2003 Under prvisins f state law, this reprt is a public dcument. Acpy 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 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA BASIC FINANCIAL STATEMENTS WITH SUPPLEMENTAL INFRMATIN SCHEDULES AS F AND FR THE YEAR ENDED JUNE 30, 2005 BASIC FINANCIAL STATEMENTS TABLE F NTENTS Page N. Independent Auditrs' Reprt 1 Required Supplemental Infrmatin (Part 1 f 2) Management's Discussin and Analysis 4 Gvernment-Wide Financial Statements Statements f Net Assets 10 Statement f Activities 11 Fund Financial Statements Balance Sheets 13 Recnciliatin f the Gvernmental Fund Balance Sheets t the Gvernment-Wide Statements f Net Assets 15 Statements f Revenue, Expenditures and Changes in Fund Balances 16 Recnciliatin f the Gvernmental Fund Statements f Revenues, Expenditures and Changes in Fund Balances t the Statements f Activities 18 Ntes t Financial Statements Index, 20 Ntes 21 Required Supplemental Infrmatin (Part 2 f 2) Budgetary Cmparisn Schedule 33 SUPPLEMENTAL SCHEDULES AND INFRMATIN Schedule f Per Diem Paid t Bard Members 35 Schedule f Prfessinal Service Payments 36

3 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA BASIC FINANCIAL STATEMENTS WITH SUPPLEMENTAL INFRMATIN SCHEDULES AS F AND FR THE YEAR ENDED JUNE 30, 2005 TABLE F NTENTS Page N. Reprt n Cmpliance and n Internal Cntrl ver Financial Reprting Based n an Audit f Financial Statements Perfrmed in Accrdance with Gvernment Auditing Standards 37 Schedule f Findings and Questined Csts 39 Summary Schedule f Prir Year Findings 40 Management's Crrective Actin Plan 41 THER REQUIRED SUPPLEMENTARY INFRMATIN Luisiana's Cmprehensive Annual Financial Reprt 43 n

4 'FINANCIAL STATEMENTS

5 JHN D. BUTLER & MPANY f, ^7r, rr, ( A PRFESSINAL ACUNTING RPRATIN ' P.. BX 30 BAKER, LUISIANA !j SLV - 0 T * [ f 17 (225) INDEPENDENT AUDITRS' REPRT July 21,2005 Bard f Cmmissiners f the Amite River Basin Drainage and Water Cnservatin District State f Luisiana 3535 Suth Sherwd Frest Bulevard Suite 135 Batn Ruge, Luisiana We have audited the accmpanying financial statements f the gvernmental activities, majr fund and the aggregate remaining fund infrmatin f the Amite River Basin Drainage and Water Cnservatin District, a cmpnent unit f the State f Luisiana, as f and fr the year ended June 30, 2005, which cllectively cmprise the District's basic financial statements, as listed in the table f cntents. These financial statements are the respnsibility f the Amite River Basin Drainage and Water Cnservatin District's management. ur respnsibility is t express an pinin n these basic financial statements based n ur audit. We cnducted ur audit in accrdance with auditing standards generally accepted in the United States f America and Gvernment Auditing Standards issued by the Cmptrller General f the United States. Thse standards require that we plan and perfrm the audit t btain reasnable assurance abut whether the basic financial statements are free f material misstatement. An audit includes examining, n a test basis, evidence supprting the amunts and disclsures in the basic financial statements. An audit als includes assessing the accunting principles used and significant estimates made by management, as well as evaluating the verall basic financial statement presentatin. We believe that ur audit prvides a reasnable basis fr ur pinin. In ur pinin, the financial statements referred t abve present fairly, in all material respects, the financial psitin f the gvernmental activities, majr fund and the aggregate remaining fund infrmatin f the Amite River Basin Drainage and Water Cnservatin District as f June 30, 2005, and the respective changes in financial psitin theref fr the year then ended in cnfrmity with accunting principles generally accepted in the United States f America. 1

6 Bard f Cmmissiners f the Amite River Basin Drainage and Water Cnservatin District State f Luisiana July 21,2005 Page Tw ur audit was cnducted fr the purpse f frming pinins n the financial statements that cllectively cmprise the District's basic financial statements. The required supplemental infrmatin, as listed in the table f cntents, is nt a required part f the basic financial statements, but is supplementary infrmatin required by the Gvernmental Accunting Standards Bard. This required supplemental infrmatin is the respnsibility f the Amite River Basin Drainage and Water Cnservatin District's management. It has been subjected t the auditing prcedures applied in the audit f the basic financial statements and, in ur pinin, is fairly presented in all material respects when cnsidered in relatin t the basic financial statements taken as a whle. In accrdance with Gvernment Auditing Standards, we have als issued ur reprt dated July 21,2005, n ur cnsideratin f the Amite River Basin Drainage and Water Cnservatin District's internal cntrl ver financial reprting and ur tests f its cmpliance with certain prvisins f laws, regulatins, cntracts and grants. The accmpanying supplemental infrmatin listed in the table f cntents under Supplemental Schedules and Infrmatin and ther Required Supplementary Infrmatin is presented fr purpses f additinal analysis and is nt a required part f the basic financial statements. Such infrmatin has been subjected t the auditing prcedures applied in the audit f the basic financial statements and, in ur pinin, is fairly stated in all material respects in relatin t the basic financial statements taken as a whle. Sincerely, Jhn D. Butler & Cmpany A Prfessinal Accunting Crpratin

7 REQUIRED SUFFLIMI^TM, Il^MffATIN (PARTI F2)

8 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA MANAGEMENT'S DISCUSSIN AND ANALYSIS JUNE 30, 2005 The purpse f this sectin is t ffer management's discussin and analysis f the Amite River Basin Drainage and Water Cnservatin District f the State f Luisiana's (hereafter referred t as the District) financial perfrmance during the year ended June 30, It shuld be read in cnjunctin with the financial reprt taken as a whle. Highlights f the District as a Whle Fr the past years, the District has been spearheading the cnstructin f the Cmite River Diversin Canal Prject. This is a S163,000,000 Reginal Fld Cntrl Prject t benefit prtins f East Batn Ruge, Ascensin and Livingstn parishes. The prject is funded 70% with federal funds, 20% with state funds and 10% with District funds. The District funds, t carry ut the respnsibilities f the District, are funded thrugh a 3-mill, 10-year ad valrem tax apprved by the citizens in the District in the year ur effrts have been cncentrated in acquiring rights-f-way, preparatin f plans and specificatins fr the varius features f the canal - highways, bridges, railrad bridges and cntrl structures. Cnstructin has started n Phase II f the Lilly Bayu Cntrl Structure lcated at the western end f the prpsed canal. ther activities undertaken under the District's auspices include; (1) prvide technical assistance t lcal gvernments twards the implementatin f the Cmmunity Rating System (CRS) - this is a FEMA prgram t lwer fld insurance rates t citizens affected by flding, (2) thrugh a Cperative Agreement with the United States Gelgical Survey (USGS) maintain and perate river gauges alng the Amite, Cmite and Clyell Rivers. The infrmatin btained thrugh these gauges helps develp mre accurate hydrlgic and hydraulic mdeling capabilities. Als, these river gauges are a critical and essential part fr predicting fld stages during flding events and is an indispensable tl fr emergency preparedness managers and the public in general. A cmpanin t this effrt is a "Fld Tracking Chart" published by the District and free f charge t the general public. verview f the Financial Statement Presentatin These financial statements are cmprised f three cmpnents - (1) gvernment-wide financial statements, (2) fund financial statements and (3) ntes t the financial statements. There is als ther supplemental infrmatin cntained in this reprt prvided fr additinal infrmatin.

9 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA MANAGEMENT'S DISCUSSIN AND ANALYSIS JUNE 30, 2005 Gvernment-wide Financial Statements. The gvernment-wide financial statements present financial infrmatin fr all activities f the District frm an ecnmic resurce measurement fcus using the accrual basis f accunting. These prvide bth shrt-term and lng-term infrmatin abut the District's verall financial status. They include a statement f net assets and statement f activities. Statement f Net Assets. This statement presents infrmatin n all f the District's assets and liabilities with the difference between the tw reprted as net assets. ver time, increases r decreases in net assets may serve as a useful indicatr f whether the financial psitin f the District is imprving r nt. Statement f Activities. This statement presents infrmatin shwing hw the District's net assets changed during the mst recent fiscal year. All changes in net assets are reprted as sn as the underlying event giving rise t the change ccurs, regardless f the timing f related cash flws. This statement is designed t shw the District's financial reliance n general revenues. The gvernment-wide financial statements can be fund n pages f this reprt. Fund Financial Statements. A fund is a gruping f related accunts that is used t maintain cntrl ver resurces that have been segregated fr specific activities r bjectives. The District uses fund accunting t ensure and demnstrate cmpliance with finance-related legal requirements. The District has nly ne categry f funds: gvernmental funds. Gvernmental Funds. Gvernmental funds are used t accunt fr essentially the same functins reprted as gvernmental activities in the gvernment-wide financial statements except that the fcus with fund statements is t prvide a distinct view f the District's gvernmental funds nly. These statements reprt shrt-term fiscal accuntability emphasizing the use f spendable resurces during the year and balances f spendable resurces available at the end f the year. Because the view f gvernmental funds is shrt-term and the view f the gvernment-wide financial statements is lng-term, it is useful t cmpare these tw perspectives. Bth the gvernmental fund balance sheet and the gvernmental fund statement f revenues, expenditures and changes in fund balances prvides recnciliatin t the gvernment-wide statements t assist in understanding the differences between the tw viewpints. Gvernmental funds f the District include a general fund, capital prjects and debt service funds. The fund financial statements begin n page 13. Budgetary cmparisn schedules are included fr gvernmental funds under required supplemental infrmatin - part 2 f 2. These schedules indicate the District's cmpliance with its adpted and final revised budgets and begin n page 34.

10 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA MANAGEMENT'S DISCUSSIN AND ANALYSIS JUNE 30, 2005 Ntes t the Financial Statements. The ntes prvide additinal infrmatin that is essential t a full understanding f the data prvided in the gvernment-wide and fund financial statements. The index f the ntes is fund n page 20 with the actual ntes beginning immediately afterwards. ther Infrmatin. In additin t the basic financial statements and accmpanying ntes, this reprt als presents certain required supplemental infrmatin cncerning the District's budgetary cmparisns n pages Financial Analysis f the District Net assets are an indicatr f the District's financial psitin frm year t year. A summary f net assets fllws. SUMMARY F NET ASSETS Gvernmental Activities Assets Current assets $ 188, $ 211, Restricted assets 1,350, ,664, Capital assets, net 5, Ttal Assets 7,463, ,084, Liabilities Current liabilities 15, , Liabilities payable frm restricted assets 2,830, ,226, Lng-term liabilities Ttal Liabilities Net Assets Invested in capital assets, net f related debt 3,190, , Restricted 1,328, ,648, Unrestricted Ttal Net Assets

11 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA MANAGEMENT'S DISCUSSIN AND ANALYSIS JUNE 30, 2005 A summary f changes in net assets is as fllws: SUMMARY F CHANGES IN NET ASSETS Gvernmental Activities Revenues perating grants/cntributins $.00 $ 200, Capital grants/cntributins 490, General revenues: Prperty taxes 1,559, ,290, Miscellaneus revenues 1, Interest earnings Ttal Revenues 2,082, ,507, Expenses General gvernment 315, , Interest paid.00 31, Ttal Expenses Change in net assets 1,766, ,140, Net assets, beginning 2,846, Net assets, ending Budgetary Highlights The District has always perated within its annual budgetary cnstraints. Althugh last year, the District did nt receive any state funds fr the administrative perating expenses, we expect t receive financial assistance in the next fiscal year. The cnstructin f the Cmite River Diversin Canal Prject has further imprved the budgetary cnditins f the District. Capital Asset and Debt Administratin Capital Assets: The District's investment in capital assets, net f accumulated depreciatin, at June 30, 2005 and2004, was $5,995,150,78 and $4,208,068.93, respectively. Additins in bth years cnsisted f cntinuing csts assciated with the cnstructin f the diversin canal. All assets were prperly recrded with the State f Luisiana and a detailed list is maintained.

12 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA MANAGEMENT'S DISCUSSIN AND ANALYSIS JUNE 30, 2005 Capital assets at year-end are summarized as fllws: CAPITAL ASSETS Net f Accumulated Depreciatin Gvernmental Activities Depreciable Assets Furniture/equipment $ 4, $ 8, Canals and drainage , Ttal Lng-Term Debt: Lng-term debt f the District includes cmpensated absences at amunts f $4, and $4, at June 30, 2005 and 2004, respectively. Additinally, certificates f indebtedness were issued in December f 2003, in the amunt f $3,600,000. Principal payments have been made ttaling $795,000 leaving a balance f $2,805,000 at June 30, Ecnmic Envirnment and Next Year's Budget We expect t receive supplemental apprpriatins frm the State as we have been receiving in the past. The cnstructin f the Cmite River Diversin Canal Prject is expected t be cmpleted in six t eight years, prviding a sund basis fr the peratin f the District. Request fr Infrmatin This financial reprt is designed t prvide a general verview f the District's finances, cmply with finance-related laws and regulatins and demnstrate the District's cmmitment t public accuntability. Any questins r requests fr additinal infrmatin can be btained by cntacting Dietmar Rietschier, Executive Directr, at 3535 Suth Sherwd Frest Bulevard, Suite 135, Batn Ruge, Luisiana ,

13 G ERNMENT-WIDE MNANCML ST^teftBMES

14 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA STATEMENTS F NET ASSETS JUNE 30, 2005 AND 2004 ASSETS Current Assets Cash and cash equivalents Restricted Assets Cash and cash equivalents/capital prjects Gvernmental Activities $ 118, $ 211, ,350, ,664, Nn-Current Assets Capital assets, net f accumulated depreciatin: Furniture and equipment Canals and drainage Ttal Nn-Current Assets Ttal Assets LIABILITIES Current Liabilities Accunts payable Accrued salaries payable Ttal Current Liabilities Liabilities Payable frm Restricted Assets Accunts payable Accrued interest payable Bnds payable, current prtin f $420,000 and $405,000 Ttal Liabilities Payable frm Restricted Assets Nn-Current Liabilities Cmpensated absences payable Ttal Liabilities NET ASSETS Invested in capital assets, net f related debt Restricted fr capital prjects Unrestricted Ttal Net Assets 4, ,990, ,995, ,463, , , , , , ,805, ,830, , ,850, ,190, ,328, , ,613, , ,200, ,208, ,084, , , , , ,210, ,226, , ,238, , ,648, , ,846, The accmpanying ntes are an integral part f this financial statement. 10

15 C 4J 1 i. -*- f.tl w * "3 "c CD S 6 (D > t "u ^1 m N ^h" ^- 1 m c S ^ ^ m ^ 5" \ * (N m' vs ^-i m m ^^ ^c^ C T < f"nj m ^ (N~ i i (N CN c 13,, p- c3 cd -*-» u S S _ '" c " **i ^^ CJ ^ <^ a\ C CD J P5 S 1) t-i PH b ^2 S 3 2 & CD S 0 0 u EP ed 6 * t-h ^ P C a U t 'S CD M t-i t2 w 1 0^ 1 ^^ I 1 i-h m & 1 t t m -i-j "* (-1-1 ' cd y cs CD eneral Revenues Prperty taxes, levi Miscellaneus reve Investment earning 3 C en 0) 3 C ^. Id < C W.s W) "S e>0 «^ t S <; s -t-j b,2 * C3 f. ^J *-> dj z I 0, 'f3 H? -«-> c I-H acd i^ C"3 t a.s G cd & S cd CD H «w "S *«3 I s 5<S >

16 FUND FINANCIAL STATEMENTS 12

17 E 1 U ^ PH "c "Q ^ f i C c f-~ c "^r, i i CN) M r N ^, ^ ^ I-H ^0 ^f w^ r^ i H "^ ^q c U cs" ^" (N 00 c N CN N N CN H U 3 H t «Q P ^> tf W 8 «: e S 5 H P S S i S E g ^ H m p J W J5 V r r i b3 15 & y Q N < 5 & " S w 2 g ^ 33 ly &N i " >»*^ i 5 55 g "S C5 ^- CN CN 1 f> E «^ > =3 f T i 2 t-h -a-^j QJ c: ^ A "s (D (U w S G > P PH -3 ^H «- 2 c t2 s E -S ther Gve mental Fun 1 ^ CN N \ J \^ ^-T i r-- ' fs V i~^ " " i-h l/~l 1 1 & I rf^ ~*rj ^ CN r-h "^ N 1 'xj ^ ^ ^H" vj f^-^. "^ CN N N " V^^ ^^ r- CN l-h " r-h ^t ^q c >Vl CN" ^ ' * *r> CS N CN ' c r-- CN N c t CN r ^ -^1- ^ S 1 I 1 < CN CN N N N If) CN U I-4-J c U 0 5 << CQ S s gm ^3 'S U C3 (L> 1 ^' 1 ^H 2 ^ ^ U H 5 w 5 c/3 M wi W < I < S t 1 Q I-H» " (U t/s «-, -i s s JS S N c _ "rt > '1 ^3 w cd g- <u J3 w.. rt w U T3 w S T cd T3 ^ 1 ^ S U w U r 'v _ J H e JD^, CX a> _. t en, rt u SMS rt l s CL. q ^ %» H w " "S T3 H ^ U U *- 2 e 8 g 2 «8 S _. s < < j 1.3 ^ ^

18 E <u> ID f m 00 ) r-- " rn cx en rn en 1-1 <U c 04 rf ~ CN m J el > = Q Tj- l fn N r- CM m " t; cs a, (S J 00 r- J m c-i " <D C D a C3 (U V) J n- cs 03 J8 "8 *< 0 u. S^.. «S ^ u's W T3 > 1) <U t-c fa. <L> cs <u 3 CQ ce; D PH

19 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA RENCILIATIN F THE GVERNMENTAL FUND BALANCE SHEETS T THE GVERNMENT-WIDE STATEMENTS F NET ASSETS JUNE 30, 2005 AND Ttal Fund Balances - Ttal Gvernmental Funds $ 1,427, $ 1,852, Amunts reprted fr gvernmental activities in the Statements f Net Assets are different because: Capital assets used in gvernmental activities are nt financial resurces and, therefre, are nt reprted in these funds. This is the reprted amunt f capital assets net f accumulated depreciatin. 5,995, ,208, Lng-term liabilities are nt due and payable in the current perid and, therfre, are nt reprted in these funds. Lngterm liabilities include the fllwing: Cmpensated absences (4,739.24) (4,573.88) Bnds payable (2,805,000.00) (3,210,000.00) Ttal Net Assets - Gvernmental Activities 4,613, ,846, The accmpanying ntes are an intergral part f this statement. 15

20 , CN S "C > ~ [-"H 0 13 i ' +^ «J B "S <" H 6 CD r- c ' N r-- CN ^ r-- i ' N - CN CN, i-h -rf N ' r- p»n " * c v ^ in CD, r-^ r~- \ " i i N N c n CN ^ c in CN^ " ^ ^ r-; Tj" ^ ", CL U ^ u 3 ^ 2 3 S m HH Q 2i R ^^ fa i i x H H <I c ^- td Tt- K M ^ c 3 ^J u S 1 y ^ «5 ^ ^ ^ Q g m SIMS RAINAGE AND WA STATE F LUI ;S, EXPENDITURES GVERNMENTAL IS ENDED JUNE 30, S? w ^5 ^3 F~1 ^~i f^h W ^ pa y f>/ Cft S ^ 5- n c/5 CM t^ ^- CN»n CN. CN (N M 'tj - 1 B 1) C > 3 UH -^ I-H f U CH :S <u 0 ^ Trl s CD 6 1 > c tn C +- <u d H S G,3 C *3 C > =J 0 EK ^ 13 fc fa J3 0 a 13 VHU U Tt r- CN ^, "^t" N ^ CN ^-T ^ P,,"""! in 0 *sj* " CN" CN &- ' ^D --H CN c in - < ' " N" -^" CN" N»n c *j- «n i i & CD 1 'vd ^~ T-«\D t-h < ^ CD CD CD t N i N N in CN ^^^ *?~J e/5 i i ^ ^^ i r i 0? CN" ^t r- N ^t in in in \ c N TJ- c ^ *H ^ ^ ^ <n N < in N c ^ c" \ r- i f i-h in in m "^ CN" ^ r-" CN CN i in t*- rn N ^ cs" H" T v-t N" i i CN ^- CN" ^ " i j m in N CD in d N ^ ^J" c N f- i ' in N r-- CN ^ CN r-- * CN" -H" Tf VD ^ i it r ^ CN" r/% N r" v 1 H " N, ^ f-» I 1 <n CN, c CN \^^ ^ 's CN r*^ r^*** CN" <N \^^ r^**> c" CN" ^0 N c" rf\ rf, c7 f^**<. ^^" f--. t-- r~- CN" ^~^ C^T ' in, CN (323,977.64) ( CN" CN CD p,, r ^ rf. Cntinued H c H <D W 13 ca> cx X J c a, P td «M 3 (U «W) a (U U T I I W ^ -TH ^ H QJ 00 nj r-5 <D S rt <n w.-s *- C f~i, ^ ^rt HJ U Q t fip g 'C <D Q

21 f^k, /"\ s.g V* S U H ^ U ^ 2 W W U H fc s < 2 Q i-j < z pa 2 5 H X < P ta ^ * W 1-1 S t * Ui C W 2 P fe H 55 <J j 1135 M 0 J^ i ^ fe ^3 w 5 ^ S t? Sd w p 5 Q H H S W "^ ^ H tr p > ^H Q ^ 7 5 S g g 1 P5 PH g «r/ Q x s a w w S t P '*'< r 1 ^ S pa B v & > w SK^ [Vl 2 UJ- A^ «t=h H ffi H < X ^J- in (N. m m E *3 M (N (N ' > 3 N N '=f fe cs_ ts_ p^ ^ -ZJ ^ CS i i -*^ T 1 H ^" r ^-^ ^ ^_ ' "S u m i 6 ^2 T3 > K^ 3* * f T i -- VM -4-> r-; <5 6 a 2 <D Ha! *--' > ^ PH ^ rt 3 ^ H a. e m V "c > 3 PH S "S ^ e c *^* 1 m rs) n~i 01 p p s N '3' (N^ ^ 00^, r " s 00 r^ s ' v '~~' r<r 00 ' ' ' 2 6^,,,, «^^ t i l l c M K ^ & ^f in ^ ff \Q V^ n r-. j^^. in ^^ m tn N 2 1 ' i 1 <u en r^~ (N ^^ «n N " ""I, ^H, rt " in C 1 >- T-^ 1 1 «n s p ] r- N s" rs" 0 Tf fs, ^f. (N (N ^ r^ N S" IC" ^ 2 s" * r-- r^ m" CM" cs «n ^f r-^ t» i ^-. r4 s m" c" m v (N -<t "n r-- ^i ^ (N J j*j P S3 g a e ^C-; f f m ' ' ^H m (N ^* " ^ f ^^^7 ^* 'xl in ^ (N r 1 N N <n jc (N ~ r-- ^* vj 1 fs (N in f^^v. ^^ cs" «1 S cx A D cd I n) H fe -3 jd e u g fd IM W 6-sl <D V H HHCLnCQ H PH

22 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA RENCILIATIN F THE GVERNMENTAL FUND STATEMENTS F REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES T THE STATEMENTS F ACTIVITIES YEARS ENDED JUNE 30, 2005 AND Net Change in Fund Balances - Ttal Gvernmental Funds $ (425,047.86) $ 752, Amunts reprted fr gvernmental activities in the Statement f Activities are different because: Gvernmental funds reprt capital utlays as expenditures. Hwever, in the Statement f Activities, the cst f thse assets is allcated ver their estimated useful lives and reprted as depreciatin expense. This is the amunt by which capital utlay exceeded depreciatin in the current perid. 1,787, ,596, Bnd prceeds prvide current financial resurces t gvernmental funds, but issuing debt increases lng-term liabilities in the Statement f Net Assets. Repayment f bnd principal is an expenditure in the gvernmental funds, but the repayment reduces lng-term liabilities in the Statement f Net Assets. This is the amunt by which prceeds differed frm repayments. 405, (3,210,000.00) Sme expenses reprted in the Statement f Activities d nt require the use f current financial resurces and are nt reprted as expenditures in gvernmental funds. These include the net change in cmpensated absences. (165.36) 1, Change in Net Assets - Gvernmental Activities 1,766, ,140, The accmpanying ntes are an intergral part f this statement. 18

23 -NTES T FINANCIAL STAHMENTS- 19

24 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA INDEX T NTES T FINANCIAL STATEMENTS JUNE 30, 2005 Nte N. Descriptin Page N. Intrductin 21 1 Summary f Significant Accunting Plicies 21 2 Cash and Cash Equivalents 26 3 Restricted Assets 27 4 Capital Assets 27 5 Leave 28 6 Retirement System 28 7 Pst Retirement Health Care and Life Insurance Benefits 29 8 Leases 29 9 Accunts and ther Payables Lng-Term Liabilities Interfund Transactins Related Party Transactins Litigatin Subsequent Events 31 20

25 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 INTRDUCTIN The Amite River Basin Drainage and Water Cnservatin District is a cmpnent unit f the State f Luisiana as prvided by Luisiana Revised Statute 38: The District serves as a multiparish authrity t accmplish fld cntrl measures, facilitate cperatin between federal, state and lcal gverning bdies t fster fldplain management, maintain and perate structures built under the auspices f the Amite River Basin Cmmissin and crdinate river management within the basin. It is charged with the respnsibility t establish adequate drainage, fld cntrl and water develpment including, but nt limited t, cnstructin f reservirs, diversin canals, gravity and pumped drainage systems and ther fld cntrl wrks. The basin includes all territry within the watershed limits f the Amite River and tributaries cvering areas within the parishes f East Batn Ruge, St. Helena, East Feliciana, Livingstn and thse prtins east f U.S. Highway 61 in Ascensin and St. James Parishes. The District is managed by a Bard f Cmmissiners cmpsed f 13 members that are appinted by the Gvernr f the State f Luisiana and serve terms cncurrent with that f the Gvernr. Dmiciled in Batn Ruge, the District is advised by the Luisiana Department f Transprtatin and Develpment. Cmmissiners, as authrized by Luisiana Revised Statute 38:3304, receive a per diem t attend meetings r cnduct bard-apprved business nt t exceed $60 per day. NTE 1 - SUMMARY F SIGNIFICANT ACUNTING PLICIES The accunting and reprting practice f the Amite River Basin Drainage and Water Cnservatin District cnfrms t generally accepted accunting principles as applicable t gvernments. Such accunting and reprting prcedures als cnfrm t the requirements f Luisiana Revised Statute 24:513 and t the guides set frth in the Luisiana Gvernmental Audit Guide, and t the industry audit guide Audits f State and Lcal Gvernmental Units. The fllwing is a summary f certain significant accunting plicies: Financial Reprting Entity: Sectin 2100 f the GASB Cdificatin f Gvernmental Accunting and Financial Reprting Standards (GASB Cdificatin) established criteria fr determining the gvernmental reprting entity and cmpnent units that shuld be included within the reprting entity. Fr financial reprting purpses, in cnfrmance with GASB Cdificatin Sectin 2100, the District is cnsidered a cmpnent unit f the State f Luisiana because the State exercises versight respnsibility in that the Gvernr appints the majrity f the bard members and public service is rendered within the State's bundaries. The accmpanying financial statements present nly the transactins f the Amite River Basin Drainage and Water Cnservatin District. Gvernment-wide Accunting: In accrdance with Gvernment Accunting Standards Bards Statement N. 34, the District has presented a statement f net assets and statement f activities fr the District as a whle. These statements include the primary gvernment and its cmpnent units, if applicable, with the exceptin f fiduciary funds. Thse funds are reprted separately. Gvernment- 21

26 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 wide accunting is designed t prvide a mre cmprehensive view f the gvernment's peratins and financial psitin as a single ecnmic entity. Gvernment-wide statements distinguish between gvernmental and business-type activities. Gvernmental activities are thse financed thrugh taxes, intergvernmental revenues and ther nnexchange revenues and are usually reprted in gvernmental and internal service funds. Business activities are financed in whle r in part thrugh fees charged fr gds r services t the general public and are usually reprted in prprietary funds. Plicies specific t the gvernment-wide statements are as fllws: Eliminating Internal Activity Interfund receivables and payable are eliminated in the statement f net assets except fr the net residual amunts due between gvernmental and business-type activities. These are presented as internal balances. The allcatin f verhead expenses, frm ne functin t anther r within the same functin, is eliminated in the statement f activities. Allcated expenses are reprted by the functin t which they were allcated. Applicatin ffasb Statements and Interpretatins Reprting n gvernmental-type and business-type activities are based n FASB Statements and Interpretatins issued after Nvember 30, 1989, except where they cnflict r cntradict GASB prnuncements. Capitalizing Assets Tangible and/r intangible assets used in peratins with an initial useful life that extends beynd ne year are capitalized. Infrastructure assets such as rads and bridges are als capitalized alng with interest n debt incurred during cnstructin. Capital assets are recrded at their histrical cst and are depreciated using the straight-line methd f depreciatin ver their estimated useful lives. They are reprted net f accumulated depreciatin n the statement f net assets. Using the requirements f GASB Statement N. 34, the District is cnsidered a Phase 3 gvernment, as its ttal annual revenues are less than $ 10 millin. Such gvernments are nt required t reprt majr general infrastructure assets retractively. The District has pted nt t retractively reprt these types f capital assets. Prgram Revenues The Statement f Activities presents three categries f prgram revenues - (1) charges fr services; (2) perating grants and cntributins; and (3) capital grants and cntributins. Charges fr services are thse revenues arising frm charges t custmers wh purchase, use r directly benefit frm gds and services prvided by the District. Grants and cntributins, whether perating r capital in 22

27 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 nature, are revenues arising frm receipts that are reserved fr a specific use. Indirect Expenses Expenses are reprted accrding t functin except fr thse that meet the definitin f special r extrardinary items. Direct expenses are specifically assciated with a service r prgram. Indirect expenses include general gvernment r administratin that cannt be specifically traced t a service r prgram. Gvernments are nt required t allcate indirect expenses t ther functins, and the District has chsen nt t d s. perating/nn-perating Revenues Prprietary funds separately reprt perating and nn-perating revenues. Reserved Net Assets Reserved net assets are thse fr which a cnstraint has been impsed either externally r by law. The District recgnized the use f reserved resurces fr expenditures that cmply with the specific restrictins. Reserved resurces are exhausted befre unreserved net assets are used. Fund Types and Majr Funds: The District uses funds t reprt n its financial psitin and the results f its peratins. Fund accunting is designed t demnstrate legal cmpliance and t aid financial management by segregating transactins relating t certain gvernment functins r activities. A fund is a separate entity with a self-balancing set f accunts. Funds f the District are classified under ne categry: gvernmental. This categry, in turn, is divided int separate fund types. The fund classificatins and a descriptin f each existing fund type fllw: Gvernmental Funds: Gvernmental funds accunt fr all r mst f the District's general activities, including the cllectin and disbursement f specific r legally reserved mnies, the acquisitin r cnstructin f general fixed assets, and the servicing f general lng-term bligatins. Gvernmental funds include: 1. General - accunts fr all activities nt required t be reprted in anther fund; 2. Capital Prjects - accunts fr the flw f resurces related t the cnstructin, acquisitin r renvatin f capital assets; and 3. Debt Service - accunts fr the accumulatin f resurces fr the payment f lng-term debt principal and interest. These funds are cnsidered majr funds. The capital prjects and debt service funds reprt the activity f the Cmite Diversin Canal Prject and are cmbined fr reprting purpses. 23

28 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 Basis f Accunting/Measurement Fcus: In April f 1984, the Financial Accunting Fundatin established the Gvernmental Accunting Standards Bard (GASB) t prmulgate generally accepted accunting principles and reprting standards with respect t activities and transactins f state and lcal gvernmental entities. The GASB has issued a Cdificatin f Gvernmental Accunting and Financial Reprting Standards (GASB Cdificatin). This cdificatin, and subsequent GASB prnuncements are recgnized as generally accepted accunting principles fr state and lcal gvernments. The accmpanying financial statements have been prepared in accrdance with such principles and are maintained in accrdance with applicable statutry prvisins and the regulatins f the Divisin f Administratin - ffice f Statewide Reprting and Accunting Plicy. The type f financial statement presentatin determines the accunting and financial reprting treatment applied t a fund. The gvernment-wide statements are reprted using an ecnmic resurces measurement fcus and the accrual basis f accunting. With this measurement fcus, all assets and liabilities assciated with the peratin f gvernmental and business-type activities are included in the statement f net assets. Revenues are recgnized when earned, and expenses are recgnized at the time the liabilities are incurred in the statement f activities. In these statements, capital assets are reprted and depreciated in each fund, and lng-term debt is reprted. The fund statements are reprted using a current financial resurces measurement fcus and the mdified accrual basis f accunting. With this measurement fcus, nly current assets and current liabilities are generally included n the balance sheet. perating statements present increases and decreases in net current assets. Expenditures fr capital assets are reprted as current expenses, and such assets are nt depreciated. Principle and interest paid n lng-term debt is reprted as current expenses. Budgets and Budgetary Accunting: The District adpts an annual budget fr all f its funds, prepared in accrdance with the basis f accunting utilized by that fund. The Bard must apprve any revisins that alter the ttal expenditures. Budgeted amunts shwn are as riginally adpted and as amended by the Bard. Budget amendments are passed n an as-needed basis. A balanced budget is required. The budget is submitted t the State f Luisiana as prescribed by Luisiana Revised Statute 36:803 and submitted t the Legislature in accrdance with 39: Althugh budget amunts lapse at year-end, the District retains its unexpended fund balances t fund expenditures f the succeeding year. Cash and Cash Equivalents: Cash includes amunts in interest bearing demand depsits and funds held by the Luisiana Asset Management Pl (LAMP). Cash equivalents include amunts in time depsits and thse investments with riginal maturities f 90 days r less. Under state law, the District may depsit funds in demand depsits, interest-bearing demand depsits, mney market 24

29 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 accunts r time depsits with state banks rganized under Luisiana law and natinal banks having their principal ffices in Luisiana. Investments: Investments are limited by Luisiana Revised Statute 33:2955. If the riginal maturities f investments exceed 90 days, they are classified as investments. therwise, the investments are classified as cash and cash equivalents. In accrdance with GASB Statement N. 31, investments are recrded at fair value with the crrespnding increase r decrease reprted in investment earnings. The District did nt have any investments at June 30, 2005 r Inventry: Inventry f the District includes nly ffice supplies, the amunt f which is cnsidered immaterial. Therefre, the acquisitin f such items is expensed when purchased, and the inventry n hand at year-end is nt reprted in the accmpanying financial statements. Use f Estimates: The preparatin f financial statements in cnfrmity with generally accepted accunting principles requires management t make estimates and assumptins that affect certain reprted amunts and disclsures. Accrdingly, actual results culd differ frm thse estimates. Restricted Assets: Certain prceeds f the District, primarily prperty taxes, are classified as restricted assets n the balance sheet because their use is limited. Capital Assets: The District's assets are recrded at histrical cst. Depreciatin is recrded using the straight-line methd ver the useful lives f the assets as fllws: Equipments 4-10 years Infrastructure years ffice furniture 5-7 years In June 1999, the Gvernmental Accunting Standards Bard issued Statement N. 34 which requires the inclusin f infrastructure assets used in gvernmental activities in the basic financial statements retractively reprted back t An exceptin exists fr lcal gvernments with annual revenues f less than $10 millin. As a result f this exceptin, the District has elected t nt reprt its gvernmental infrastructure retractively. Frm this pint frward, the District will use the basic apprach t infrastructure reprting fr its gvernmental activities when applicable. Cmpensated Absences: At June 30,2005 and 2004, emplyees f the District had accumulated and vested $4, and $4,573.88, respectively, f emplyee leave benefits that were cmputed in accrdance with GASB Cdificatin Sectin C Lng-Term bligatins: In the gvernment-wide financial statements, debt principal payments f gvernment activities are reprted as decreases in the balance f the liability n the statement f net assets. In the fund financial statements, hwever, debt principal payments f gvernmental funds are recgnized as expenditures when paid. 25

30 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 Net Assets/Fund Balances: In the statements f net assets, the difference between a gvernment's assets and liabilities is recrded as net assets. The three cmpnents f net assets is as fllws: Invested in Capital Assets, Net f Related Debt This categry recrds capital assets net f accumulated depreciatin and reduced by any utstanding balances f bnds, mrtgages, ntes r ther brrwings attributable t the acquisitin, cnstructin r imprvement f capital assets. Restricted Net Assets Net assets that are reserved by external surces such as banks r by law are reprted separately as restricted net assets. When assets are required t be retained in perpetuity, these nn-expendable net assets are recrded separately frm expendable net assets. These are cmpnents f restricted net assets. Unrestricted Net Assets This categry represents net assets nt apprpriable fr expenditures r legally segregated fr a specific future use. In the balance sheet f gvernmental funds, fund balances are segregated as fllws: Reserved These resurces are segregated because their use is earmarked fr a specific use. Unreserved This categry represents that prtin f equity nt apprpriable fr expenditures r legally segregated fr a specific future use. Interfund Transactins: All interfund transactins except quasi-external transactins are reprted as perating transfers. These are eliminated in the gvernment-wide statements. NTE 2 - CASH AND CASH EQUIVALENTS Depsits are stated at cst, which apprximates market. Under state law, they must be secured by federal depsit insurance r the pledge f securities wned by the fiscal agent bank. The market value f the pledged securities plus the federal depsit insurance must at all times equal the amunt n depsit with the fiscal agent. These securities are held in the name f the pledging fiscal agent bank in a hlding, r custdial bank that is mutually acceptable t bth parties. With the adptin f GASB Statement N. 40, nly depsits that are cnsidered expsed t custdial credit risk are required t be disclsed. The Bard des nt have any depsits that fall within that categry. The cllected bank balances at June 30,2005 and 2004, were $85, and $52,157.31, respectively. Depsits f the District are secured with $200,000 ($100,000 at Hibernia Bank and 26

31 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 $100,000 at Hancck Bank) f insurance thrugh FDIC and $1,260,836 f pledged cllateral. The fllwing is a summary f cash and cash equivalents (bk balances) at June 30, 2005: General Fund Capital Prjects Fund Petty cash $ $ $.00 $.00 Interest-bearing demand depsits 16, , , , LAMP , , ,614, Ttal NTE 3 - RESTRICTED ASSETS Restricted assets include cash and cash equivalents f $1,350, at June 30, 2005, and $ 1,664, at June 30,2004. These assets were accumulated fr the cnstructin f a diversin canal fr the Cmite River thus restricting their use fr that purpse. NTE 4 - CAPITAL ASSETS Capital asset activity fr the year ended June 30, 2005, was as fllws: Beginning Ending Balance Additins Retirements Balance Capital Assets, being depreciated Furniture and equipment $40, $.00 $.00 $40, Less: accumulated depreciatin 32, , Net Furniture and Equipment , Canals and drainage 4,200, ,790, ,990, Less: accumulated depreciatin Net Canals and Drainage 4.2Q.QQ.QQ Net Capital Assets, being depreciated

32 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 NTE 5 - LEAVE Annual and Sick Leave. The District's emplyees earn and accumulate annual and sick leave at varying rates depending n their years f full-time service. Accumulated leave is carried frward t succeeding years withut limitatin. Upn terminatin, emplyees are cmpensated fr up t 300 hurs f unused annual leave at the emplyee's hurly rate f pay at the time f terminatin. Upn retirement, unused annual leave in excess f 300 hurs plus unused sick leave is used t cmpute retirement benefits. The cst f leave privileges, cmputed in accrdance with GASB Cdificatin Sectin C60, is recgnized as a current year expenditure when leave is actually taken. The cst f leave privileges nt requiring current resurces is recrded fr gvernmental funds in lng-term bligatins. nly annual leave is accrued in the accmpanying statements f net assets at $4, and $4, fr June 30, 2005 and 2004, respectively. Cmpensatry Leave. Nn-exempt emplyees, accrding t the guidelines cntained in the Fair Labrs Standards Act, may be paid fr cmpensatry leave earned. Upn terminatin r transfer, an emplyee is paid fr any time and ne-half cmpensatry leave earned and may r may nt be paid fr any straight hur-fr-hur cmpensatry leave earned. This pay is based n the emplyee's hurly rate f pay at the time f terminatin r transfer. There was n accrued cmpensatry leave time at June 30, 2005 r NTE 6 - RETIREMENT SYSTEM Substantially all f the emplyees f the District are members f the Luisiana State Emplyees Retirement System (System), cst sharing, multiple-emplyer and defined benefit pensin plan. The System is a statewide public retirement system (PERS) fr the benefit f state emplyees, which is administered and cntrlled by a separate bard f trustees. All full-time emplyees are eligible t participate. Benefits vest with 10 years f service. At retirement age, emplyees are entitled t annual benefits equal t 2.5% f their highest cnsecutive 36 mnths' average salary multiplied by their years f credited service plus $300 fr emplyees hired befre July 31, Vested emplyees are entitled t a retirement benefit, payable mnthly fr life at (a) any age with 30 years f service, (b) age 55 with 25 years f service r (c) age 60 with 10 years f service. An ptin f reduced benefits at any age with 20 years f service is available. The System als prvides death and disability benefits. The System issues an annual financial reprt that is available t the public including financial statements and required supplementary infrmatin f the System. That reprt may be btained by cntacting the Luisiana State Emplyees Retirement System, P.. Bx 44213, Batn Ruge, La, 70804, r

33 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 Cvered emplyees are required t cntribute 7.5% f grss salary t the plan, and the District is required t cntribute an actuarially determined rate as required by Luisiana Revised Statute 11:102. That rate fr the year ended June 30,2005, was 15.8%. Cntributins t the System fr the years ended June 30, 2005, 2004 and 2003, were $18,816.86, $16,839 and $15,174. NTE 7 - PST RETIREMENT HEALTH CARE AND LIFE INSURANCE BENEFITS The District may prvide certain cntinuing health care and life insurance benefits fr its retired emplyees. Substantially all f the District's emplyees becme eligible fr thse benefits if they reach nrmal retirement age while wrking fr the District. Thse benefits include jint payment f mnthly premiums at 50% District and 50% retired persn. The District des nt currently have any retired persns t which it prvides pst retirement benefits. NTE 8 - LEASES perating Leases. The District leases ffice space n an annual basis. Fr the year ended June 30,2005, payments f $20,166 were made while $ 19,529 was made in the preceding year. The current mnthly rental amunt is $1,705. A cpier is leased n a mnth-t-mnth basis frm Xerx Crpratin fr $ per mnth r $2, annually. Capital Leases. The District has n capital leases. NTE 9 - ACUNTS AND THER PAYABLES The fllwing is a summary f payables at June 30, 2005: Capital Class f Payables General Prjects Accunts $11, $ 4, Salaries 4, Interest.00 21, Ttal at June 30,

34 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 NTE 10 - LNG-TERM LIABILITIES Lng-term liability activity fr the year ended June 30, 2005, was as fllws: Beginning Balance Additins Reductins Ending Balance Amunts Due Within ne Year Bnds payable $ 3,210, $.00 $ 405, $ 2,805, $ 420, Cmpensated absences , Ttal J J1Q The District, as authrized under Sectin f Title 39 f the Luisiana Revised Statutes f 1950 and ther cnstitutinal and statutry authrity, issued Limited Tax Certificates f Indebtedness, Series 2003 in the amunt f $3,600,000 in December f The purpse f these funds is t prvide necessary revenues t carry ut the District's lcal share f the Cmite River Diversin Canal Prject as authrized in a prpsitin apprved by the vters n July 15,2000. Repayment will be made frm the levy and cllectin f a 3 mills tax authrized t be levied each year thrugh Repayment is as fllws: Principal Interest Rate June 30, 2006 June 30, 2007 June 30, 2008 June 30, 2009 June 30, 2010 June 30, , , , , , , , , , , %.100%.100%.350% 6.000% 6.000% Ttal 2.8Q5.QQ.Q

35 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA NTES T FINANCIAL STATEMENTS JUNE 30, 2005 NTE 11 - INTERFUND TRANSACTINS Transfers amng gvernmental funds were as fllws during the current year: Debt Service Capital Prjects Transfers frm ther funds $ 468, $.00 Transfers t ther funds XX) 468, Ttal Transfers NTE 12 - RELATED PARTY TRANSACTINS There are n related party transactins that require disclsure. NTE 13-LITIGATIN There is n litigatin that wuld require disclsure in this reprt. NTE 14 - SUBSEQUENT EVENTS There were n events between the clse f the year thrugh issuance f this reprt that wuld materially impact these financial statements. 31

36 (PART 2 F 2) 32

37 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA BUDGETARY MPARISN SCHEDULE GENERAL FUND YEAR ENDED JUNE 30, 2005 REVENUES State apprpriatin Investment earnings Ttal Revenues $ Budgeted riginal - - $ Final - - $ Actual 2, , Variance Favrable (Unfavrable) $ 2, , EXPENDITURES Persnal services Travel Advertising, dues and subscriptins Printing, duplicatin, typing and binding Cmmunicatins Rentals Maintenance/prperty and equipment Prfessinal services Insurance and surety bnds Materials and supplies Intergvernmental Ttal General Gvernment 152, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , (3,008.57) 60, , , , Capital utlay Ttal Expenditures 4, , , _ 103, , Excess (Deficiency) f Revenues ver Expenditures (345,500.00) (346,200.00) (101,070.22) 245, Fund Balances, beginning 204, , , _ Fund Balances, ending (141,454.54) (142,154.54) 102, , See Auditrs' Reprt 33

38 SUPPLEMENTAL S< 34

39 AMITE RIVER BASIN DRAINAGE AND WATER NSERVATIN DISTRICT STATE F LUISIANA SCHEDULE F PER DIEM PAID T BARD MEMBERS JUNE 30, 2005 In cmpliance with Huse Cncurrent Reslutin N. 54 f the 1979 Sessin f the Luisiana Legislature, this schedule f per diem paid t bard members is presented fr the year ended June 30, Name Amunt Bell, Patrick $ 1, Burgeis, Paul A Callender, Lawrence E Crnette, Russell W Irvin, Sr., Lenard Knst, Dtti G Lee, Willie Gerge Lupe, Jr., Sitman Luque, Terry Melln, Rbert S Thmpsn, Dn.1^ Williams, Rbert C Ttals See Auditrs' Reprt 35