MURRAY COUNTY BOARD OF EDUCATION STATEMENT OF NET POSITION JUNE 30, 2017
|
|
- Clifford Lee
- 6 years ago
- Views:
Transcription
1 MURRAY COUNTY BOARD OF EDUCATION STATEMENT OF NET POSITION EXHIBIT "A" GOVERNMENTAL ACTIVITIES ASSETS Cash and Cash Equivalents $ 30,073, Investments 328, Receivables, Net Interest - Taxes 1,897, State Government 4,849, Federal Government 1,010, Local - Other 18, Notes Receivable - Inventories 159, Prepaid Items - Restricted Assets Cash and Investments with Fiscal Agent or Trustee - Other Current Assets - Capital Assets, Non-Depreciable 4,190, Capital Assets, Depreciable (Net of Accumulated Depreciation) 87,500, Total Assets 130,028, DEFERRED OUTFLOWS OF RESOURCES Deferred Charge on Debt Refunding - Related to Defined Benefit Pension Plans 15,288, Accumulative Decrease in Fair Value of Hedging Derivatives - Total Deferred Outflows of Resources 15,288, The notes to the basic financial statements are an integral part of this statement
2 LIABILITIES MURRAY COUNTY Cash Overdraft BOARD OF EDUCATION STATEMENT OF - Accounts Payable NET POSITION 29, Salaries and Benefits Payable 7,038, Payroll Withholdings Payable - Short-Term Debt - Interest Payable 168, Claims Incurred but not Reported (IBNR) - Contracts Payable - Retainages Payable - Deposits and Unearned Revenues - Net Pension Liability 62,863, Long-Term Liabilities Due Within One Year 5,731, Due in More Than One Year 15,427, Total Liabilities 91,259, DEFERRED INFLOWS OF RESOURCES Deferred Credit on Debt Refunding - Unearned Property Tax Revenue - Related to Defined Benefit Pension Plans 2,950, Accumulative Increase in Fair Value of Hedging Derivatives - Service Concession Arrangement Revenue Applicable to Future Years - Total Deferred Inflows of Resources 2,950, NET POSITION Net Investment in Capital Assets 84,030, Restricted for Continuation of Federal Programs 1,657, Debt Service 5,398, Capital Projects 14,668, Permanent Funds 66, Other (Provide description) - Unrestricted (Deficit) (54,714,541.13) Total Net Position $ 51,107, The notes to the basic financial statements are an integral part of this statement
3 STATEMENT OF ACTIVITIES FOR THE YEAR ENDED EXHIBIT "B" PROGRAM REVENUES NET (EXPENSES) OPERATING CAPITAL REVENUES CHARGES FOR GRANTS AND GRANTS AND AND CHANGES IN EXPENSES SERVICES CONTRIBUTIONS CONTRIBUTIONS NET POSITION GOVERNMENTAL ACTIVITIES Instruction $ 43,988, $ 419, $ 34,662, $ - $ (8,906,350.85) Support Services Pupil Services 2,500, , (1,975,964.04) Improvement of Instructional Services 2,651, ,949, (702,274.00) Educational Media Services 1,173, ,147, (25,380.44) General Administration 607, ,255, , School Administration 3,955, ,943, (2,012,226.92) Business Administration 399, , (384,317.68) Maintenance and Operation of Plant 6,044, ,258, (3,786,103.08) Student Transportation Services 2,595, , , (2,239,164.19) Central Support Services 1,544, , (1,501,172.16) Other Support Services 48, , Operations of Non-Instructional Services - Food Services 4,965, , ,580, , Interest on Short-Term and Long-Term Debt 199, (199,321.44) Total Governmental Activities $ 70,675, $ 1,001, $ 48,709, $ 77, (20,887,230.11) General Revenues Taxes Property Taxes For Maintenance and Operations 12,546, Other Taxes 367, Sales Taxes Special Purpose Local Option Sales Tax For Capital Projects 4,557, Other Sales Tax 228, Grants and Contributions not Restricted to Specific Programs 4,750, Investment Earnings 32, Miscellaneous 1,252, Total General Revenues, Special Items, Extraordinary Items, and Transfers 23,734, Change in Net Position 2,847, Net Position - Beginning of Year 48,259, Adjustments - Net Position - End of Year $ 51,107,
4 EXHIBIT "D" RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE SHEET TO THE STATEMENT OF NET POSITION Total fund balances - governmental funds (Exhibit "C") $ 30,043, Amounts reported for governmental activities in the Statement of Net Position are different because: Capital assets used in governmental activities are not financial resources and therefore are not reported in the funds. Land $ 4,149, Construction in progress 41, Buildings and improvements 106,351, Equipment 16,592, Land improvements 6,939, Intangible assets - Accumulated depreciation (42,383,415.75) 91,691, Some liabilities are not due and payable in the current period and, therefore, are not reported in the funds. Net pension liability (62,863,007.00) Deferred outflows and inflows of resources related to pensions are applicable to future periods and, therefore, are not reported in the funds. 12,338, Taxes that are not available to pay for current period expenditures are deferred in the funds. 1,225, Long-term liabilities, and related accrued interest, are not due and payable in the current period and therefore are not reported in the funds. Bonds and notes payable $ (18,700,000.00) Accrued interest payable (168,788.89) Capital leases payable (979,213.56) Compensated absences payable - Unamortized bond premiums (1,480,339.13) Discount on issuance of bonds - Claims and judgments payable - (21,328,341.58) Internal service funds are used by management to charge costs of certain activities to individual funds. The assets and liabilities of the internal service funds are reported with governmental activities in the Statement of Net Position. - Net position of governmental activities (Exhibit "A") $ 51,107, ,107, The notes to the basic financial statements are an integral part of this statement
5 RECONCILIATION OF THE GOVERNMENTAL FUNDS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES TO THE STATEMENT OF ACTIVITIES EXHIBIT "F" Net change in fund balances total governmental funds (Exhibit "E") $ 16,907, Amounts reported for governmental activities in the Statement of Activities are different because: Governmental funds report capital outlays as expenditures. However, in the Statement of Activities, the cost of capital assets is allocated over their estimated useful lives as depreciation expense. Capital outlay $ 190, ** **Note: This amount includes an unidentifiable variance of $57, Depreciation expense (3,111,723.70) (2,920,727.98) Taxes reported in the Statement of Activities that do not provide current financial resources are not reported as revenues in the funds. 619, The issuance of long-term debt provides current financial resources to governmental funds, while the repayment of the principal of long-term debt consumes the current financial resources of governmental funds. Neither transaction, however, has any effect on net position. Also, governmental funds report the effect of premiums, discounts and the difference between the carrying value of refunded debt and the acquisition cost of refunded debt when debt is first issued. These amounts are deferred and amortized in the Statement of Activities. General obligation bonds issued, including a premium of $1,502, $ (15,202,127.70) Bond principal retirements 4,600, Capital lease payments 873, Revenue bond payments - Payments to bond refunding agent - (9,728,630.53) District pension contributions are reported as expenditures in the governmental funds when made. However, they are reported as deferred outflows of resources in the Statement of Net Position because the reported net pension liability is measured a year before the District's report date. Pension expense, which is the change in the net pension liability adjusted for changes in deferred outflows and inflows of resources related to pensions, is reported in the Statement of Activities. Pension expense (2,029,569.84) Change in net position of governmental activities (Exhibit "B") $ 2,847, Pension Expense CY PY Deferred Inflow 2,950,456 5,706,135 Deferred Ourflow -15,288,944-4,770,070 NP Liability 62,863,007 47,558,884 50,524,519 48,494,949 2,029,570 The notes to the basic financial statements are an integral part of this statement
6 BALANCE SHEET GOVERNMENTAL FUNDS EXHIBIT "C" CAPITAL DEBT NONMAJOR GENERAL PROJECTS SERVICE GOVERNMENTAL FUND FUND FUND FUND TOTAL ASSETS Cash and Cash Equivalents $ 11,761, $ 18,270, $ - $ 41, $ 30,073, Investments 302, , , Receivables, Net Interest 331, , Taxes 1,159, , ,566, State Government 4,849, ,849, Federal Government 1,010, ,010, Local Other 18, , Notes Receivable Due from Other Funds Inventories 159, , Prepaid Items Restricted Cash and Investments with a Fiscal Agent or Trustee Other Current Assets Total Assets 19,593, ,676, , ,337, DEFERRED OUTFLOWS OF RESOURCES List type(s) of deferred outflows or remove section if not applicable Total Assets and Deferred Outflows of Resources $ - $ - $ - $ - $ - LIABILITIES Cash Overdraft $ - $ - $ - $ - $ - Accounts Payable 3, , Salaries and Benefits Payable 7,038, ,038, Payroll Withholdings Payable Due to Other Funds Claims Incurred but not Reported (IBNR) Contracts Payable Retainages Payable Deposits and Unearned Revenue Other Current Liabilities 26, , Other Liabilities Total Liabilities 7,067, ,067, DEFERRED INFLOWS OF RESOURCES Unavailable Revenue - Property Taxes 1,225, ,225, List other types of deferred inflows Total Deferred Inflows of Resources 1,225, ,225, FUND BALANCES Nonspendable 159, , Restricted 2,856, ,676, , ,599, Committed Assigned 745, , Unassigned 7,538, ,538, Total Fund Balances 11,299, ,676, , ,043, Total Liabilities, Deferred Inflows of Resources, and Fund Balances $ 19,593, $ 18,676, $ - $ 66, $ 38,337, The notes to the basic financial statements are an integral part of this statement
7 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS YEAR ENDED EXHIBIT "E" CAPITAL DEBT NONMAJOR GENERAL PROJECTS SERVICE GOVERNMENTAL FUND FUND FUND FUND TOTAL REVENUES Property Taxes $ 12,294, $ - $ - $ - $ 12,294, Sales Taxes 228, ,557, ,785, State Funds 43,489, ,489, Federal Funds 9,920, ,920, Charges for Services 1,014, ,014, Investment Earnings 3, , , Miscellaneous 1,223, , , ,239, EXPENDITURES Total Revenues 68,175, ,591, , ,776, Current Instruction 40,227, ,228, Support Services Pupil Services 2,430, , ,441, Improvement of Instructional Services 2,576, ,576, Educational Media Services 1,135, ,135, General Administration 505, , School Administration 3,805, ,805, Business Administration 377, , Maintenance and Operation of Plant 4,418, ,418, Student Transportation Services 3,011, ,011, Central Support Services 1,483, ,483, Other Support Services 48, , Enterprise Operations Community Services Food Services Operation 4,948, ,948, Capital Outlay - 309, , Debt Services Principal 873, ,600, ,473, Dues and Fees Interest 51, , , Total Expenditures 65,893, , ,856, , ,071, Revenues over (under) Expenditures 2,281, ,281, (4,856,262.27) (1,461.37) 1,705, OTHER FINANCING SOURCES (USES) Accrued Interest on Bonds Sold Proceeds of Bonds Proceeds of Refunding Bonds Proceeds of Long-Term Capital Related Debt Premiums on Bonds Sold Discounts on Bonds Sold - 1,502, ,502, Payment to Bond Refunding Escrow Agent Refunding Bond Issuance Cost Sale of Capital Assets Insurance Proceeds Capital Leases Transfers In - - 4,856, ,856, Transfers Out (530,619.65) (4,325,642.62) - - (4,856,262.27) **Other Financing Sources (Uses) - 13,700, ,700, SPECIAL ITEMS Total Other Financing Sources (Uses) (530,619.65) 10,876, ,856, ,202, Proceeds from Sale of Buildings Proceeds from Sale of Land Total Special Items Net Change in Fund Balances 1,751, ,157, (1,461.37) 16,907, Fund Balances - Beginning 9,548, ,518, , ,136, Adjustments Inventory - Net Change in Period Fund Balances - Ending $ 11,299, $ 18,676, $ - $ 66, $ 30,043,
Town of Carrboro, North Carolina Balance Sheet Governmental Funds June 30, 2016
Balance Sheet Governmental June 30, 2016 Major Grants Revolving Bond Capital Administration General Fund Loan Fund Fund Projects Fund Fund ASSETS Cash and cash equivalents $ 14,749,029 $ 493,234 $ 1,623,198
More informationCITY OF DES MOINES, IOWA BALANCE SHEET GOVERNMENTAL FUNDS June 30, 2017
CITY OF DES MOINES, IOWA BALANCE SHEET GOVERNMENTAL FUNDS June 30, 2017 ASSETS DEBT TAX GENERAL SERVICE INCREMENT Cash and investments $ 28,910,771 $ 19,469,062 $ 2,460,350 Taxes receivable 58,841,748
More informationFLORIDA DEPARTMENT OF EDUCATION
CONTENTS: FLORIDA DEPARTMENT OF EDUCATION SUPERINTENDENT S ANNUAL FINANCIAL REPORT (ESE 145) DISTRICT SCHOOL BOARD OF HILLSBOROUGH COUNTY Return completed form to: Department of Education Office of Funding
More informationCITY OF DES MOINES, IOWA BALANCE SHEET GOVERNMENTAL FUNDS June 30, 2015
CITY OF DES MOINES, IOWA BALANCE SHEET GOVERNMENTAL FUNDS June 30, 2015 ASSETS DEBT TAX GENERAL SERVICE INCREMENT Cash and investments $ 24,534,410 $ 1,846,644 $ 482,630 Taxes receivable 57,786,569 29,876,286
More informationPAULDING COUNTY BOARD OF EDUCATION DALLAS, GEORGIA
PAULDING COUNTY BOARD OF EDUCATION DALLAS, GEORGIA ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2015 (Including Independent Auditor's Reports) PAULDING COUNTY BOARD OF EDUCATION - TABLE OF
More informationTHE SCHOOL BOARD OF MIAMI-DADE COUNTY, FLORIDA NON-MAJOR GOVERNMENTAL FUNDS COMBINING BALANCE SHEET JUNE 30, 2016 (amounts expressed in thousands)
THE SCHOOL BOARD OF MIAMIDADE COUNTY, FLORIDA NONMAJOR GOVERNMENTAL FUNDS COMBINING BALANCE SHEET JUNE 30, 2016 (amounts expressed in thousands) Total Nonmajor Special Revenue Funds ASSETS Cash and cash
More informationLEON COUNTY DISTRICT SCHOOL BOARD. Annual Financial Report. For the Fiscal Year Ended June 30, 2015
2015 LEON COUNTY DISTRICT SCHOOL BOARD Annual Financial Report For the Fiscal Year Ended June 30, 2015 CONTENTS: FLORIDA DEPARTMENT OF EDUCATION SUPERINTENDENT S ANNUAL FINANCIAL REPORT (ESE 145) DISTRICT
More information100 Bry Street Monroe, Louisiana Phone: (318)
100 Bry Street Monroe, Louisiana 71201 Phone: (318) 432-5000 www.opsb.net NOTICE OF FILING OF UNAUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2018 NAME OF ISSUER: EAST OUACHITA PARISH
More informationCITY OF BUFORD BOARD OF EDUCATION A COMPONENT UNIT OF THE CITY OF BUFORD GWINNETT COUNTY, GEORGIA
CITY OF BUFORD BOARD OF EDUCATION A COMPONENT UNIT OF THE CITY OF BUFORD GWINNETT COUNTY, GEORGIA ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2016 (Including Independent Auditor's Reports)
More informationBASIC FINANCIAL STATEMENTS- FUND FINANCIAL STATEMENTS
BASIC FINANCIAL STATEMENTS- FUND FINANCIAL STATEMENTS AE (This Page Intentionally Left Blank) 31 Balance Sheet Governmental Funds June 30, 2017 Teeter ASSETS AND DEFERRED OUTFLOWS OF Flood Debt RESOURCES:
More informationLAMAR COUNTY BOARD OF EDUCATION BARNESVILLE, GEORGIA
LAMAR COUNTY BOARD OF EDUCATION BARNESVILLE, GEORGIA ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2015 (Including Independent Auditor's Reports) - TABLE OF CONTENTS - Page SECTION I FINANCIAL
More informationANGLETON INDEPENDENT SCHOOL DISTRICT
ANGLETON INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED AUGUST 31, 2016 KENNEMER, MASTERS & LUNSFORD, LLC CERTIFIED PUBLIC ACCOUNTANTS 8 WEST WAY COURT LAKE JACKSON, TEXAS 77566
More informationSTATE OF NEW MEXICO TAOS MUNICIPAL SCHOOLS EXHIBIT G-1 ANANSI CHARTER SCHOOL
EXHIBIT G-1 STATEMENT OF NET POSITION JUNE 30, 2016 ASSETS Friends of Anansi Charter Anansi Charter School School Total assets: Cash and cash equivalents $ 114,108 $ 48,600 $ 162,708 Recievables 160,975
More informationJersey Shore Area School District
Financial Statements and Supplementary Information Table of Contents Independent Auditors Report 1 Management s Discussion and Analysis (Unaudited) 4 Basic Financial Statements: Government-Wide Financial
More informationPORT EVERGLADES DEPARTMENT of Broward County, Florida Statements of Net Position March 31, 2016 and 2015 (Unaudited) (Dollars in Thousands)
Statements of Net Position March 31, 2016 and 2015 (Unaudited) ASSETS Current Assets Unrestricted assets Cash and cash equivalents $ 17,954 $ 14,339 Investments 223,700 214,935 Accounts receivable, trade
More informationII. Financial Section
II. Financial Section Independent Auditor's Report Honorable Chairperson and Board Members of The School Board of Miami-Dade County, Florida Report on the Financial Statements We have audited the accompanying
More informationBASIC FINANCIAL STATEMENTS. Government Wide Financial Statements
BASIC FINANCIAL STATEMENTS Government Wide Financial Statements This page intentionally left blank. - 14 - STATEMENT OF NET POSITION JUNE 30, 2014 ASSETS Governmental Activities Business-type Activities
More informationLEXINGTON COUNTY SCHOOL DISTRICT FOUR - GASTON SWANSEA SWANSEA, SOUTH CAROLINA. ANNUAL FINANCIAL REPORT June 30, 2017
LEXINGTON COUNTY SCHOOL DISTRICT FOUR - GASTON SWANSEA ANNUAL FINANCIAL REPORT June 30, 2017 (With Independent Auditors Report Thereon) Annual Financial Report Table of Contents June 30, 2017 FINANCIAL
More informationFY 2 ANNUAL FINANCIAL REPORT INCLUDING INDEPENDENT AUDITOR'S REPORT
FY 2 ANNUAL FINANCIAL REPORT 0 1 8 HARALSON COUNTY, GEORGIA FOR THE FISCAL YEAR ENDED JUNE 30, 2018 INCLUDING INDEPENDENT AUDITOR'S REPORT - TABLE OF CONTENTS - Page SECTION I FINANCIAL INDEPENDENT AUDITOR'S
More informationANNUAL FINANCIAL REPORT
ANNUAL FINANCIAL REPORT HARALSON COUNTY, GEORGIA FOR THE FISCAL YEAR ENDED JUNE 30, 2015 INCLUDING INDEPENDENT AUDITOR'S REPORT CITY OF BREMEN BOARD OF EDUCATION HARALSON COUNTY - TABLE OF CONTENTS - Page
More informationThe School District of Sarasota County, FL. Fund Types Governmental Balance Sheet Account
The School District of Sarasota County, FL Fund Types Governmental Balance Sheet Account Memorandum Only April 30, 2016 Number General Debt Service Capital Projects Special Revenue Food Service Internal
More informationThe School District of Sarasota County, FL. Fund Types Governmental Balance Sheet Account
Fund Types Governmental Balance Sheet Account Memorandum Only May 31, 2017 Number General Debt Service Capital Projects Special Revenue Food Service Internal Service 2016-2017 2015-2016 ASSETS Cash and
More informationLEBANON SCHOOL DISTRICT LEBANON, PENNSYLVANIA AUDIT REPORT
LEBANON, PENNSYLVANIA AUDIT REPORT JUNE 30, 2016 TABLE OF CONTENTS PAGE INDEPENDENT AUDITOR S REPORT 1-3 MANAGEMENT S DISCUSSION AND ANALYSIS 4-12 BASIC FINANCIAL STATEMENTS Entity-wide Financial Statements:
More informationKent County, Michigan. Annual Financial Report
Kent County, Michigan Annual Financial Report For the year ended June 30, 2018 Table of Contents For the year ended June 30, 2018 Financial Section Independent Auditor s Report... 1 Management s Discussion
More informationGrand Prairie Independent School District
Grand Prairie Independent School District Annual Financial Report For the Fiscal Year Ended August 31, 2017 2602 S. Belt Line Road Grand Prairie, Texas 75052 www.gpisd.org This Page Intentionally Left
More informationPORT EVERGLADES DEPARTMENT of Broward County, Florida Statements of Net Position June 30, 2017 and 2016 (Unaudited) (Dollars in Thousands)
Statements of Net Position June 30, 2017 and 2016 (Unaudited) ASSETS Current Assets Unrestricted assets Cash and cash equivalents $ 81,612 $ 17,606 Investments 223,838 242,888 Accounts receivable, trade
More informationPORT EVERGLADES DEPARTMENT of Broward County, Florida Statements of Net Position December 31, 2016 and 2015 (Unaudited) (Dollars in Thousands)
Statements of Net Position December 31, 2016 and 2015 (Unaudited) ASSETS Current Assets Unrestricted assets Cash and cash equivalents $ 435 $ 17,085 Investments 264,614 205,839 Accounts receivable, trade
More informationTATUM INDEPENDENT SCHOOL DISTRICT
TATUM INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED AUGUST 31, 2017 Tatum Independent School District Annual Financial Report For The Year Ended August 31, 2017 TABLE OF CONTENTS
More informationSCHERTZ-CIBOLO-UNIVERSAL CITY INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT
SCHERTZ-CIBOLO-UNIVERSAL CITY INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED AUGUST 31, 2016 SCHERTZ-CIBOLO-UNIVERSAL CITY INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT FOR
More informationZACHARY NIBLICK, TREASURER
BASIC FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2016 ZACHARY NIBLICK, TREASURER Board of Education Johnstown-Monroe Local School District 441 S Main St Johnstown, OH 43031 We have reviewed
More informationHow to Get From Here to There: Creating the Entity Wide Financial Statements
How to Get From Here to There: Creating the Entity Wide Financial Statements KASBO Spring Conference 2017 The Process 1. Make all adjustments to governmental and proprietary funds in Munis 2. the entity
More informationSTATE OF NEW MEXICO TAOS MUNICIPAL SCHOOLS TAOS CHARTER SCHOOL EXHIBIT H-1 STATEMENT OF NET POSITION JUNE 30, 2016
EXHIBIT H-1 STATEMENT OF NET POSITION JUNE 30, 2016 ASSETS Taos Charter School Friends of Taos Charter School Total Current assets: Cash and cash equivalents Investments Accounts receivable Due from other
More informationLAMAR COUNTY BOARD OF EDUCATION BARNESVILLE, GEORGIA
LAMAR COUNTY BOARD OF EDUCATION BARNESVILLE, GEORGIA ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2016 (Including Independent Auditor's Reports) - TABLE OF CONTENTS - Page SECTION I FINANCIAL
More informationGovernmental Activities
Statement of Net Position June 30, 2015 Activities Business-type Activities Total Component Unit Housing and Community Services Agency Assets Current assets Cash and Investments $ 164,721,343 $ 25,551,358
More informationJAMES A. GARFIELD LOCAL SCHOOL DISTRICT PORTAGE COUNTY JUNE 30, 2017 TABLE OF CONTENTS. Independent Auditor s Report... 1
TITLE PORTAGE COUNTY JUNE 30, 2017 TABLE OF CONTENTS PAGE Independent Auditor s Report... 1 Prepared by Management: Management s Discussion and Analysis... 5 Basic Financial Statements: Government-wide
More informationBASIC FINANCIAL STATEMENTS. Page Government-wide Financial Statements Statement of Net Position Statement of Activities...
BASIC FINANCIAL STATEMENTS Page Government-wide Financial Statements Statement of Net Position... 16 Statement of Activities... 17 Fund Financial Statements Governmental Funds... 19 Proprietary Funds...
More informationBALDWIN-WHITEHALL SCHOOL DISTRICT PITTSBURGH, PENNSYLVANIA JUNE 30, 2017
PITTSBURGH, PENNSYLVANIA JUNE 30, 2017 AUDIT REPORT PITTSBURGH, PENNSYLVANIA TABLE OF CONTENTS Page Independent Auditor s Report 1 3 Management s Discussion and Analysis (MD&A) i - xi Statement of Net
More informationZACHARY NIBLICK, TREASURER
BASIC FINANCIAL STATEMENTS AUDITED FOR THE FISCAL YEAR ENDED JUNE 30, 2017 ZACHARY NIBLICK, TREASURER TABLE OF CONTENTS Independent Auditor s Report... 1-2 Management s Discussion and Analysis... 4-15
More informationCITY OF DES MOINES, IOWA COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2018
COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2018 ASSETS GENERAL OTHER TOTALS Cash and investments $ 29,719,524 $ 2,222,625 $ 31,942,149 Taxes receivable 63,134,478 --- 63,134,478
More informationCITY OF DES MOINES, IOWA COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2017
COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2017 ASSETS GENERAL OTHER TOTALS Cash and investments $ 26,565,414 $ 2,345,357 $ 28,910,771 Taxes receivable 58,841,748 --- 58,841,748
More informationCITY OF DES MOINES, IOWA COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2016
COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2016 ASSETS GENERAL OTHER TOTALS Cash and investments $ 26,678,708 $ 2,599,415 $ 29,278,123 Taxes receivable 57,769,078 --- 57,769,078
More informationGRAYSLAKE COMMUNITY PARK DISTRICT LAKE COUNTY, ILLINOIS ANNUAL FINANCIAL REPORT
LAKE COUNTY, ILLINOIS ANNUAL FINANCIAL REPORT MAY 31, 2015 TABLE OF CONTENTS MAY 31, 2015 PAGE INDEPENDENT AUDITOR S REPORT 1 REQUIRED SUPPLEMENTARY INFORMATION Management s Discussion and Analysis 3 BASIC
More informationINTERIM FINANCIAL STATEMENTS FOR THE ELEVEN MONTHS ENDED MAY 31, 2013
INTERIM FINANCIAL STATEMENTS FOR THE ELEVEN MONTHS ENDED MAY 31, 2013 Prepared by: Financial Reporting Accounting Department Division of Financial Management INTERIM FINANCIAL STATEMENTS FOR THE ELEVEN
More informationCITY OF BUFORD BOARD OF EDUCATION
CITY OF BUFORD BOARD OF EDUCATION A COMPONENT UNIT OF THE CITY OF BUFORD GWINNETT COUNTY, GEORGIA ANNUAL FINANCIAL REPORT (Including Independent Auditor s Report) FOR THE FISCAL YEAR ENDED JUNE 30, 2017
More informationStatements of Net Position - Business - Type Activities South Carolina Public Service Authority As of March 31, 2018 and December 31, 2017
Statements of Net Position - Business - Type Activities As of March 31, 2018 and December 31, 2017 ASSETS Current assets Unrestricted cash and cash equivalents $ 207,610 $ 731,758 Unrestricted investments
More informationStatements of Net Position - Business - Type Activities South Carolina Public Service Authority As of September 30, 2018 and December 31, 2017
Statements of Net Position - Business - Type Activities As of September 30, 2018 and December 31, 2017 ASSETS Current assets Unrestricted cash and cash equivalents $ 315,796 $ 731,758 Unrestricted investments
More informationLUBBOCK-COOPER INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED JUNE 30, 2015
ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED JUNE 30, 2015 ANNUAL FINANCIAL REPORT For the Year Ended June 30, 2015 TABLE OF CONTENTS Page INTRODUCTORY SECTION Certificate of Board 1 Exhibit FINANCIAL SECTION
More informationJILL AHLERS, TREASURER
BASIC FINANCIAL STATEMENTS (AUDITED) FOR THE FISCAL YEAR ENDED JUNE 30, 2016 JILL AHLERS, TREASURER Board of Education New Bremen Local School District 901 East Monroe Street New Bremen, Ohio 45869 We
More informationANNUAL FINANCIAL REPORT JUNE 30, 2017
ANNUAL FINANCIAL REPORT TABLE OF CONTENTS FINANCIAL SECTION Independent Auditor's Report 2 Management's Discussion and Analysis 5 Basic Financial Statements Government-Wide Financial Statements Statement
More informationNORTH FORK LOCAL SCHOOL DISTRICT LICKING COUNTY SINGLE AUDIT
LICKING COUNTY SINGLE AUDIT FOR THE YEAR ENDED JUNE 30, 2018 TITLE LICKING COUNTY JUNE 30, 2018 TABLE OF CONTENTS PAGE Independent Auditor s Report... 1 Prepared by Management: Management s Discussion
More informationTotal assets 926, ,682. Deferred charge on refunding 3,283 4,487 Accumulated decrease in fair value of interest rate swap 3,991 4,084
ASSETS PORT EVERGLADES DEPARTMENT Statements of Net Position December 31, 2014 and 2013 (Unaudited) Current Assets Unrestricted assets Cash & cash equivalents $ 24,971 $ 5,488 Investments 183,129 161,917
More informationCOUNTY OF LAWRENCE, PENNSYLVANIA
COUNTY OF LAWRENCE, PENNSYLVANIA NEW CASTLE, PENNSYLVANIA FINANCIAL STATEMENTS YEAR ENDED COUNTY OF LAWRENCE, PENNSYLVANIA YEAR ENDED CONTENTS Independent Auditor s Report 1-3 Page Management s Discussion
More informationTHE SCHOOL BOARD OF MIAMI-DADE COUNTY, FLORIDA STATEMENT OF NET POSITION JUNE 30, 2016 (amounts expressed in thousands)
STATEMENT OF NET POSITION JUNE 30, 2016 (amounts expressed in thousands) Primary Government Total Governmental Activities ASSETS Current assets: Cash and cash equivalents $ 55,465 Investments 458,977 Cash
More informationINDEPENDENT SCHOOL DISTRICT NO. 286 BROOKLYN CENTER, MINNESOTA. Financial Statements and Supplemental Information. Year Ended June 30, 2016
INDEPENDENT SCHOOL DISTRICT NO. 286 BROOKLYN CENTER, MINNESOTA Financial Statements and Supplemental Information Year Ended June 30, 2016 THIS PAGE INTENTIONALLY LEFT BLANK INDEPENDENT SCHOOL DISTRICT
More informationIndependent Auditor s Report
Independent Auditor s Report Board of Education Davis School District Report on the Basic Financial Statements We have audited the accompanying financial statements of the governmental activities, the
More informationMontour School District
Montour School District Single Audit June 30, 2015 TABLE OF CONTENTS Independent Auditor's Report Management s Discussion and Analysis i Financial Statements: Government-Wide Financial Statements: Statement
More informationWarren Township High School District 121
Warren Township High School District 121 Gurnee, Illinois Annual Financial Report Year Ended ANNUAL FINANCIAL REPORT For the Year Ended TABLE OF CONTENTS Independent Auditors' Report 1-4 Management's Discussion
More informationGOVERNOR MIFFLIN SCHOOL DISTRICT
FINANCIAL AND COMPLIANCE REPORT Year Ended June 30, 2017 TABLE OF CONTENTS INDEPENDENT AUDITOR'S REPORT... 1-2 Pages MANAGEMENT S DISCUSSION AND ANALYSIS... 3-17 BASIC FINANCIAL STATEMENTS Government-Wide
More informationRIO GRANDE CITY CISD ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED AUGUST 31, 2015 TABLE OF CONTENTS
RIO GRANDE CITY CISD ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED AUGUST 31, 2015 Exhibit TABLE OF CONTENTS Page CERTIFICATE OF BOARD 1 Independent Auditors' Report 2 Management's Discussion and Analysis
More informationTOOELE COUNTY SCHOOL DISTRICT. Basic Financial Statements With Supplementary and Other Information. Year Ended June 30, 2014
Basic Financial Statements With Supplementary and Other Information Year Ended June 30, 2014 INTRODUCTORY SECTION Table of Contents Year Ended June 30, 2014 Page INTRODUCTORY SECTION: Table of Contents
More informationSUPPLEMENTARY INFORMATION
SUPPLEMENTARY INFORMATION Required Supplementary Information Other Postemployment Benefits - Defined Benefit Health Care Plan Schedule of Funding Progress and Employer Contributions Schedule of Funding
More informationSCHOOL DISTRICT OF REEDSBURG Reedsburg, Wisconsin AUDITED FINANCIAL STATEMENTS. June 30, 2016
Reedsburg, Wisconsin AUDITED FINANCIAL STATEMENTS C O N T E N T S Independent Auditor s Report... 1 Management s Discussion and Analysis... 4 Basic Financial Statements District-Wide Financial Statements
More informationANDERSON COUNTY SCHOOL DISTRICT NUMBER THREE
ANDERSON COUNTY SCHOOL DISTRICT NUMBER THREE ANNUAL FINANCIAL REPORT June 30, 2017 (With Independent Auditors Report Thereon) Annual Financial Report Table of Contents June 30, 2017 Page(s) Independent
More informationStatement of Net Position (Deficit) June 30, 2017
13 CITY and BOROUGH OF JUNEAU Statement of Net Position (Deficit) June 30, 2017 Primary Government School District Governmental Business type Component Activities Activities Totals Unit ASSETS AND DEFERRED
More informationMONTHLY FINANCIAL STATEMENTS For the Month Ended July 31, 2018
MONTHLY FINANCIAL STATEMENTS For the Month Ended July 31, 2018 www.franklinpud.com franklin@franklinpud.com Phone: (509) 547 5591 Fax: (509) 547 4116 Public Utility District No. 1 of Franklin County, PO
More informationFRIENDSWOOD INDEPENDENT SCHOOL DISTRICT
FRIENDSWOOD INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL AND COMPLIANCE REPORT For The Year Ended August 31, 2018 FRIENDSWOOD INDEPENDENT SCHOOL DISTRICT TABLE OF CONTENTS Certificate of Board Page i
More informationMIDWAY INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED
MIDWAY INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED AUGUST 31, 2017 THIS PAGE LEFT BLANK INTENTIONALLY MIDWAY INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT FOR THE YEAR
More informationPIERCE COUNTY BOARD OF EDUCATION BLACKSHEAR, GEORGIA
PIERCE COUNTY BOARD OF EDUCATION BLACKSHEAR, GEORGIA ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2015 (Including Independent Auditor's Reports) - TABLE OF CONTENTS - Page SECTION I FINANCIAL
More informationTROY CITY SCHOOL DISTRICT MIAMI COUNTY JUNE 30, 2018 TABLE OF CONTENTS. Independent Auditor s Report Management s Discussion and Analysis...
TITLE MIAMI COUNTY JUNE 30, 2018 TABLE OF CONTENTS PAGE Independent Auditor s Report... 1 Prepared by Management: Management s Discussion and Analysis... 5 Basic Financial Statements: Government-wide Financial
More informationBLOOMINGTON-NORMAL AIRPORT AUTHORITY OF MCLEAN COUNTY, ILLINOIS FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT.
OF MCLEAN COUNTY, ILLINOIS FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR S REPORT April 30, 2015 OF MCLEAN COUNTY, ILLINOIS TABLE OF CONTENTS Page(s) INDEPENDENT AUDITOR S REPORT... 1-3 MANAGEMENT S DISCUSSION
More informationLOS ALAMITOS UNIFIED SCHOOL DISTRICT ANNUAL FINANCIAL REPORT JUNE 30, 2016
LOS ALAMITOS UNIFIED SCHOOL DISTRICT ANNUAL FINANCIAL REPORT TABLE OF CONTENTS FINANCIAL SECTION Independent Auditor's Report 2 Management's Discussion and Analysis 5 Basic Financial Statements Government-Wide
More informationWALKER COUNTY BOARD OF EDUCATION LAFAYETTE, GEORGIA
WALKER COUNTY BOARD OF EDUCATION LAFAYETTE, GEORGIA ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2017 (Including Independent Auditor's Reports) Ready for College Ready for Work Ready for
More informationSLIDELL INDEPENDENT SCHOOL DISTRICT
SLIDELL INDEPENDENT SCHOOL DISTRICT ANNUAL FINANCIAL REPORT Slidell Independent School District Annual Financial Report For The Year Ended August 31, 2012 TABLE OF CONTENTS Page Exhibit INTRODUCTORY SECTION
More informationELIZABETH ANATRA, TREASURER
BASIC FINANCIAL STATEMENTS (AUDITED) FOR THE FISCAL YEAR ENDED JUNE 30, 2016 ELIZABETH ANATRA, TREASURER Board of Education Shelby City School District 25 High School Avenue Shelby, Ohio 44875 We have
More informationWest Independent School District. Annual Financial Report. August 31, 2018
Annual Financial Report August 31, 2018 Table of Contents Page Exhibit Certificate of Board iv v - vii viii - xv Basic Financial Statements: Government-wide Financial Statements: Statement of Net Position
More informationCONESTOGA VALLEY SCHOOL DISTRICT YEAR ENDED JUNE 30, 2013
CONTENTS Page Independent auditors' report 1-3 Management s discussion and analysis (unaudited) 4-18 Financial statements: Government-wide financial statements: Statement of net position 19 Statement of
More informationTOWN OF ASHFORD, CONNECTICUT BASIC FINANCIAL STATEMENTS, SUPPLEMENTARY INFORMATION, AND INDEPENDENT AUDITOR S REPORT
BASIC FINANCIAL STATEMENTS, SUPPLEMENTARY INFORMATION, AND INDEPENDENT AUDITOR S REPORT JUNE 30, 2014 Contents Page Independent Auditor s Report 1 Management s Discussion and Analysis (Unaudited) 3 Basic
More informationUNAUDITED FINANCIAL INFORMATION. March 31, 2018
UNAUDITED FINANCIAL INFORMATION March 31, 2018 SCHEDULES OF NET POSITION March 31, 2018 ASSETS Current assets: Cash and cash equivalents $ 2,352 $ 15,172 $ 21,166 $ 32,362 $ 177,840 $ 248,892 Investments
More informationANAHEIM UNION HIGH SCHOOL DISTRICT ANNUAL FINANCIAL REPORT JUNE 30, 2015
ANAHEIM UNION HIGH SCHOOL DISTRICT ANNUAL FINANCIAL REPORT TABLE OF CONTENTS FINANCIAL SECTION Independent Auditor's Report 2 Management's Discussion and Analysis 5 Basic Financial Statements Government-Wide
More informationGEORGETOWN INDEPENDENT SCHOOL DISTRICT. Annual Financial Report for the Fiscal Year Ended June 30, 2015
GEORGETOWN INDEPENDENT SCHOOL DISTRICT Annual Financial Report for the Fiscal Year Ended June 30, 2015 GEORGETOWN INDEPENDENT SCHOOL DISTRICT Annual Financial Report Year Ended June 30, 2015 Table of Contents
More informationThe following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a
The following document was not prepared by the Office of the State Auditor, but was prepared by and submitted to the Office of the State Auditor by a private CPA firm. The document was placed on this web
More informationSAUGUS UNION SCHOOL DISTRICT
SAUGUS UNION SCHOOL DISTRICT Excellence in Elementary Education ANNUAL FINANCIAL REPORT TABLE OF CONTENTS FINANCIAL SECTION Independent Auditor's Report 2 Management's Discussion and Analysis 5 Basic Financial
More informationNorth Hills School District Financial Statements June 30, 2015
Financial Statements Table of Contents Exhibit Page No. FINANCIAL SECTION Independent Auditor's Report Management's Discussion and Analysis 1-3 4-16 Basic Financial Statements Government-Wide Financial
More informationLAS VIRGENES UNIFIED SCHOOL DISTRICT AUDIT REPORT For the Fiscal Year Ended June 30, 2016
LAS VIRGENES UNIFIED SCHOOL DISTRICT AUDIT REPORT For the Fiscal Year Ended June 30, 2016 For the Fiscal Year Ended June 30, 2016 Table of Contents FINANCIAL SECTION Page Independent Auditors Report...
More informationBENICIA UNIFIED SCHOOL DISTRICT COUNTY OF SOLANO BENICIA, CALIFORNIA FINANCIAL STATEMENTS WITH INDEPENDENT AUDITOR S REPORT
COUNTY OF SOLANO BENICIA, CALIFORNIA FINANCIAL STATEMENTS WITH INDEPENDENT AUDITOR S REPORT FOR THE FISCAL YEAR ENDED JAMES MARTA & COMPANY LLP CERTIFIED PUBLIC ACCOUNTANTS 701 HOWE AVENUE, E3 SACRAMENTO,
More informationIndependent Auditor s Report
Independent Auditor s Report Board of Education Davis School District Report on the Basic Financial Statements We have audited the accompanying financial statements of the governmental activities, the
More informationTWIN RIVERS UNIFIED SCHOOL DISTRICT COUNTY OF SACRAMENTO MCCLELLAN, CALIFORNIA
TWIN RIVERS UNIFIED SCHOOL DISTRICT COUNTY OF SACRAMENTO MCCLELLAN, CALIFORNIA FINANCIAL STATEMENTS WITH INDEPENDENT AUDITOR'S REPORT TABLE OF CONTENTS FINANCIAL SECTION PAGE INDEPENDENT AUDITOR'S REPORT
More informationPARADISE UNIFIED SCHOOL DISTRICT. County of Butte Paradise, California
County of Butte Paradise, California FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION WITH INDEPENDENT AUDITORS REPORTS TABLE OF CONTENTS Page Number FINANCIAL SECTION Independent Auditors Report 1 Required
More informationSEQUOIA UNION HIGH SCHOOL DISTRICT COUNTY OF SAN MATEO REDWOOD CITY, CALIFORNIA AUDIT REPORT JUNE 30, 2013
SEQUOIA UNION HIGH SCHOOL DISTRICT COUNTY OF SAN MATEO REDWOOD CITY, CALIFORNIA AUDIT REPORT JUNE 30, 2013 CHAVAN &ASSOCIATES, LLP CERTIFIED PUBLIC ACCOUNTANTS 1475 SARATOGA AVE., SUITE 180 SAN JOSE, CA
More informationDeer Lakes School District Financial Statements June 30, 2018
Financial Statements Table of Contents Exhibit Page No. FINANCIAL SECTION Independent Auditor's Report Management's Discussion and Analysis 1-3 4-16 Basic Financial Statements Government-Wide Financial
More informationGOLETA UNION SCHOOL DISTRICT ANNUAL FINANCIAL REPORT JUNE 30, 2017
GOLETA UNION SCHOOL DISTRICT ANNUAL FINANCIAL REPORT TABLE OF CONTENTS FINANCIAL SECTION Independent Auditor's Report 2 Management's Discussion and Analysis 5 Basic Financial Statements Government-Wide
More informationMUROC JOINT UNIFIED SCHOOL DISTRICT KERN COUNTY NORTH EDWARDS, CALIFORNIA
KERN COUNTY NORTH EDWARDS, CALIFORNIA ANNUAL FINANCIAL STATEMENTS WITH REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT JUNE 30, 2018 TABLE OF CONTENTS JUNE 30, 2018 PAGE INTRODUCTORY SECTION TABLE OF
More informationBAKERSFIELD CITY SCHOOL DISTRICT ANNUAL FINANCIAL REPORT JUNE 30, 2017
ANNUAL FINANCIAL REPORT TABLE OF CONTENTS FINANCIAL SECTION Independent Auditor's Report 2 Management's Discussion and Analysis 5 Basic Financial Statements Government-Wide Financial Statements Statement
More informationCOUNTY OF FULTON MCCONNELLSBURG, PENNSYLVANIA
COUNTY OF FULTON MCCONNELLSBURG, PENNSYLVANIA FINANCIAL STATEMENTS AND SINGLE AUDIT REPORT YEAR ENDED COUNTY OF FULTON YEAR ENDED CONTENTS Page Independent Auditor s Report on Financial Statements 1-3
More informationWeslaco Independent School District. Board of Trustees
Weslaco Independent School District August 31, 2014 Board of Trustees David L. Fuentes Erasmo López Óscar Caballero Adrián González Andrew González Isidoro Nieto Dr. Richard Rivera President Vice-President
More informationCITY OF WEST BEND West Bend, Wisconsin
West Bend, Wisconsin FINANCIAL STATEMENTS Including Independent Auditors Report TABLE OF CONTENTS Page Independent Auditors Report i ii Required Supplementary Information Management s Discussion and Analysis
More informationCity of Grand Ledge. FINANCIAL STATEMENTS (With Required Supplementary Information) June 30, 2018
FINANCIAL STATEMENTS (With Required Supplementary Information) TABLE OF CONTENTS Page INDEPENDENT AUDITOR S REPORT MANAGEMENT S DISCUSSION AND ANALYSIS i-iii iv-x BASIC FINANCIAL STATEMENTS Government-wide
More informationLONG BEACH UNIFIED SCHOOL DISTRICT LOS ANGELES COUNTY
LOS ANGELES COUNTY REPORT ON AUDIT OF FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION INCLUDING REPORTS ON COMPLIANCE AUDIT REPORT CONTENTS Page INDEPENDENT AUDITOR'S REPORT MANAGEMENT S DISCUSSION
More informationSAUGUS UNION SCHOOL DISTRICT
SAUGUS UNION SCHOOL DISTRICT Excellence in Elementary Education ANNUAL FINANCIAL REPORT TABLE OF CONTENTS FINANCIAL SECTION Independent Auditor's Report 2 Management's Discussion and Analysis 5 Basic Financial
More informationCITY SCHOOL DISTRICT OF THE CITY OF ROME, NEW YORK MANAGEMENT'S DISCUSSION AND ANALYSIS AND BASIC FINANCIAL STATEMENTS
CITY SCHOOL DISTRICT OF THE CITY OF ROME, NEW YORK MANAGEMENT'S DISCUSSION AND ANALYSIS AND BASIC FINANCIAL STATEMENTS For the Year Ended June 30, 2014 TABLE OF CONTENTS Independent Auditor's Report MANAGEMENT'S
More information