COMBINING STATEMENT OF NET POSITION SCHEDULE ALL PARKING ACCOUNTS June 30, 2017 PARK AND PARKING RIDE TOTALS Current assets: Unrestricted current assets: Cash and investments $ 1,103,764 $ 4,119,509 $ 5,223,273 Accounts receivable 25 --- 25 Due from other governmental units 7,460 --- 7,460 Total current assets 1,111,249 4,119,509 5,230,758 Noncurrent assets: ASSETS Capital assets Land 10,140,557 1,735,829 11,876,386 Construction in progress 771,396 --- 771,396 Buildings 64,908,436 1,202,875 66,111,311 Improvements other than buildings 17,045,102 17,816,005 34,861,107 Machinery and equipment 1,148,917 --- 1,148,917 Accumulated depreciation (56,613,390) (10,931,665) (67,545,055) Total capital assets, net of accumulated depreciation 37,401,018 9,823,044 47,224,062 Total noncurrent assets 37,401,018 9,823,044 47,224,062 Total assets $ 38,512,267 $ 13,942,553 $ 52,454,820 DEFERRED OUTFLOW OF RESOURCES Pension related deferred outflows $ 254,551 --- $ 254,551 134
LIABILITIES PARK AND PARKING RIDE TOTALS Liabilities: Current liabilities: Accounts payable $ 301,933 $ 25,619 $ 327,552 Contracts payable 176,259 --- 176,259 Accrued wages payable 48,934 --- 48,934 Accrued employee benefits 83,669 --- 83,669 Due to other funds 381,974 --- 381,974 Accrued interest payable 9,617 --- 9,617 General obligation bonds payable, net 1,885,000 --- 1,885,000 Total current liabilities 2,887,386 25,619 2,913,005 Noncurrent liabilities: Accrued employee benefits 135,973 --- 135,973 Other postemployment benefits 81,941 --- 81,941 Net pension liability 634,211 --- 634,211 Advance from other funds 2,345,447 --- 2,345,447 General obligation bonds payable, net 3,977,725 --- 3,977,725 Total noncurrent liabilities 7,175,297 --- 7,175,297 Total liabilities 10,062,683 25,619 10,088,302 DEFERRED INFLOWS OF RESOURCES Pension related deferred inflows 99,469 --- 99,469 NET POSITION Net investment in capital assets 31,538,293 9,823,044 41,361,337 Unrestricted (2,933,627) 4,093,890 1,160,263 Total net position $ 28,604,666 $ 13,916,934 $ 42,521,600 135
COMBINING SCHEDULE OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION ALL PARKING ACCOUNTS For the Fiscal Year Ended June 30, 2017 PARK AND PARKING RIDE TOTALS Operating revenues: Charges for sales and services $ 9,225,554 $ 1,401,054 $ 10,626,608 Total operating revenues 9,225,554 1,401,054 10,626,608 Operating expenses: Personal services 1,149,469 --- 1,149,469 Contractual services 4,600,674 1,785,872 6,386,546 Commodities 320,003 60 320,063 Depreciation 2,748,241 657,847 3,406,088 Other charges 148,285 4,378 152,663 Total operating expenses 8,966,672 2,448,157 11,414,829 Operating income (loss) 258,882 (1,047,103) (788,221) Non-operating revenues (expenses): Investment earnings --- 14,849 14,849 Proceeds from damage claims 2,440 --- 2,440 Loss on disposal of capital assets (4,870,691) --- (4,870,691) Interest expense and fiscal charges (107,776) --- (107,776) Total nonoperating revenues (expenses) (4,976,027) 14,849 (4,961,178) (Loss) before transfers (4,717,145) (1,032,254) (5,749,399) Transfers in 2,824,890 --- 2,824,890 Transfers out (5,200) (1,625,768) (1,630,968) Change in net position (1,897,455) (2,658,022) (4,555,477) Total net position - beginning 30,502,121 16,574,956 47,077,077 Total net position - ending $ 28,604,666 $ 13,916,934 $ 42,521,600 137
COMBINING SCHEDULE OF CASH FLOWS ALL PARKING ACCOUNTS For the Fiscal Year Ended June 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES PARK AND PARKING RIDE TOTALS Receipts from customers and users $ 9,236,288 $ 1,401,054 $ 10,637,342 Payments to suppliers (5,550,158) (1,799,371) (7,349,529) Payments to employees (1,197,484) (21) (1,197,505) Proceeds from damage claims 2,440 --- 2,440 Net cash provided by (used in) operating activities 2,491,086 (398,338) 2,092,748 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Proceeds from interfund accounts - 1,625,767 1,625,767 Payments to interfund accounts (1,604,356) --- (1,604,356) Transfers In 2,824,890 --- 2,824,890 Transfers Out (5,200) (1,625,768) (1,630,968) Net cash provided by (used in) noncapital and related financing 1,215,334 (1) 1,215,333 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Interest paid on capital debt (171,712) --- (171,712) Principal paid on long-term debt (1,855,000) --- (1,855,000) Proceeds from sale of capital assets --- --- - Acquisition and construction of capital assets (1,706,814) (225,312) (1,932,126) Net cash provided by (used in) capital and related financing activities (3,733,526) (225,312) (3,958,838) CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends received --- 14,849 14,849 Net cash provided by (used in) investing activities --- 14,849 14,849 Net (decrease) in cash and cash equivalents (27,106) (608,802) (635,908) Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year $ 1,130,870 $ 4,728,311 $ 5,859,181 $ 1,103,764 $ 4,119,509 $ 5,223,273 138
Reconciliation of operating income (loss) to net cash provided by (used in) operating activities: PARK AND PARKING RIDE TOTALS Operating income (loss) $ 258,882 $ (1,047,103) $ (788,221) Adjustments to reconcile operating income (loss) to net cash provided by (used in) operating activities: Depreciation expense 2,748,241 657,847 3,406,088 Proceeds from damage claims 2,440 --- 2,440 Decrease in accounts receivable 6,903 --- 6,903 Decrease in due from other governmental units 3,831 --- 3,831 Increase (decrease) in accounts payable (481,196) (9,061) (490,257) Increase (decrease) in accrued wages payable (23,631) (21) (23,652) Increase in accrued employee benefits and other postemployment benefits (37,067) --- (37,067) (Increase) in deferred outflows (88,128) --- (88,128) (Decrease) in deferred inflows (31,748) --- (31,748) Increase in net pension liability 132,559 --- 132,559 Total adjustments 2,232,204 648,765 2,880,969 Net cash provided by (used in) operating activities $ 2,491,086 $ (398,338) $ 2,092,748 Schedule of noncash investing and financing activities: Increase in fair value of investments $ (1,027) $ --- $ (1,027) Schedule of noncash capital and related financing activities: Gain (loss) on disposal of capital assets $ (4,870,691) $ --- $ (4,870,691) 139
COMBINING STATEMENT OF NET POSITION (DEFICIT) NONMAJOR ENTERPRISE FUNDS June 30, 2017 ASSETS SOLID GOLF WASTE COURSES SYSTEM TOTALS Current assets: Unrestricted current assets: Cash and investments $ 4,500 $ 10,821,909 $ 10,826,409 Accounts receivable 223,025 151,734 374,759 Special assessments receivable --- 58,987 58,987 Due from other governmetnal units --- 4,029 4,029 Total current assets 227,525 11,036,659 11,264,184 Noncurrent assets, capital assets: Land 123,497 --- 123,497 Buildings 597,434 1,143,880 1,741,314 Improvements other than buildings 3,210,234 255,802 3,466,036 Machinery and equipment 647,965 14,339,004 14,986,969 Accumulated depreciation (2,414,659) (12,893,764) (15,308,423) Total capital assets, net of accumulated depreciation 2,164,471 2,844,922 5,009,393 Total assets $ 2,391,996 $ 13,881,581 $ 16,273,577 DEFERRED OUTFLOWS OF RESOURCES Pension related deferred outflows --- 1,179,688 1,179,688 LIABILITIES Liabilities: Current liabilities: Accounts payable $ 36,731 $ 183,378 $ 220,109 Accrued wages payable --- 192,832 192,832 Accrued employee benefits --- 263,374 263,374 Due to other funds --- 1,074 1,074 Unearned revenue --- 3,333 3,333 Total current liabilities 36,731 643,991 680,722 Noncurrent liabilities: Accrued employee benefits --- 403,975 403,975 Other postemployment benefits --- 214,277 214,277 Net pension liability --- 2,958,136 2,958,136 Advance from other funds 2,948,655 --- 2,948,655 Total noncurrent liabilities 2,948,655 3,576,388 6,525,043 Total liabilities 2,985,386 4,220,379 7,205,765 DEFERRED INFLOWS OF RESOURCES Pension related deferred inflows --- 478,926 478,926 NET POSITION (DEFICIT) Net investment in capital assets 2,164,471 2,844,922 5,009,393 Unrestricted (2,757,861) 7,517,042 4,759,181 Total net position (deficit) $ (593,390) $ 10,361,964 $ 9,768,574 140
COMBINING STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION (DEFICIT) NONMAJOR ENTERPRISE FUNDS For the Fiscal Year Ended June 30, 2017 SOLID GOLF WASTE COURSES SYSTEM TOTALS Operating revenues: Charges for sales and services $ 440,103 $ 12,881,284 $ 13,321,387 Miscellaneous 65,564 --- 65,564 Total operating revenues 505,667 12,881,284 13,386,951 Operating expenses: Personal services --- 4,981,145 4,981,145 Contractual services 155,412 5,184,884 5,340,296 Commodities 1,582 295,351 296,933 Depreciation 81,514 748,930 830,444 Other charges 16,644 1,016,976 1,033,620 Total operating expenses 255,152 12,227,286 12,482,438 Operating income 250,515 653,998 904,513 Non-operating revenues (expenses): Capital grants and contributions 1,500 --- 1,500 Investment earnings --- 56,322 56,322 Interest expense and fiscal charges (16,179) --- (16,179) Total nonoperating revenues (expenses) (14,679) 56,322 41,643 Change in net position 235,836 710,320 946,156 Total net position (deficit) - beginning (829,226) 9,651,644 8,822,418 Total net position (deficit) - ending $ (593,390) $ 10,361,964 $ 9,768,574 141
COMBINING STATEMENT OF CASH FLOWS NONMAJOR ENTERPRISE FUNDS For the Fiscal Year Ended June 30, 2017 SOLID GOLF WASTE COURSES SYSTEM TOTALS CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers and users $ 512,234 $ 12,877,362 $ 13,389,596 Payments to suppliers (151,506) (6,516,482) (6,667,988) Payments to employees --- (4,880,747) (4,880,747) Proceeds from damage claims --- - - Net cash provided by operating activities CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES 360,728 1,480,133 1,840,861 Proceeds from (payments to) interfund accounts (90,775) 1,074 (89,701) Net cash provided by (used in) noncapital and related financing activities (90,775) 1,074 (89,701) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Proceeds from intergovernmental and capital grants 1,500 --- 1,500 Interest paid on capital debt (16,179) --- (16,179) Acquisition and construction of capital assets (255,274) --- (255,274) Net cash (used in) capital and related financing activities (269,953) - (269,953) CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends received --- 56,322 56,322 Net cash provided by investing activities --- 56,322 56,322 Net increase in cash and cash equivalents --- 1,537,529 1,537,529 Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year $ 4,500 $ 9,284,380 $ 9,288,880 $ 4,500 $ 10,821,909 $ 10,826,409 142
SOLID GOLF WASTE COURSES SYSTEM TOTALS Reconciliation of operating income to net cash provided by operating activities: Operating income $ 250,515 $ 653,998 $ 904,513 Adjustments to reconcile operating income to net cash provided by operating activities: Depreciation expense 81,514 748,930 830,444 Proceeds from damage claims - - - (Increase) decrease in accounts receivable 6,567 (31,885) (25,318) (Increase) in special assessments --- 28,659 28,659 (Increase) decrease in due from other governmental units --- (4,029) (4,029) (Increase) in prepaid items --- 200 200 Increase in accounts payable 22,132 (19,471) 2,661 Increase in accrued wages payable --- 33,953 33,953 (Decrease) in accrued employee benefits and other postemployment benefits --- 23,970 23,970 Increase in unearned revenue --- 3,333 3,333 (Increase) in deferred outflows --- (414,772) (414,772) (Decrease) in deferred inflows --- (143,999) (143,999) Increase in net pension liability --- 601,246 601,246 Total adjustments 110,213 826,135 936,348 Net cash provided by operating activities $ 360,728 $ 1,480,133 $ 1,840,861 143
COMBINING STATEMENT OF NET POSITION INTERNAL SERVICE FUNDS June 30, 2017 ASSETS EQUIPMENT RADIO SERVICE CENTRAL COMMUNI- CENTER FORESTRY SERVICES CATIONS Current assets: Cash and investments $ 994,839 $ 160,884 $ 320,164 $ 79,436 Taxes receivable 21,266 --- --- --- Accounts receivable --- --- --- --- Due from other funds --- --- --- --- Due from other governmental units 800 --- --- 204 Prepaid items 2,592 --- 49,791 --- Inventory 98,540 --- 76,772 --- Total current assets 1,118,037 160,884 446,727 79,640 Noncurrent assets, capital assets: Machinery and equipment 97,693 --- 1,114,041 21,328 Accumulated depreciation (80,296) --- (1,111,638) (21,328) Total capital assets, net of accumulated depreciation 17,397 --- 2,403 --- Total assets $ 1,135,434 $ 160,884 $ 449,130 $ 79,640 DEFERRED OUTFLOW OF RESOURCES Pension related deferred outflows $ 796,780 $ 283,687 $ 35,898 $ 147,485 LIABILITIES Liabilities: Current liabilities: Accounts payable $ 393,956 $ 3,828 $ 8,588 $ 43,186 Accrued wages payable 130,829 50,693 5,214 26,148 Accrued employee benefits 99,651 44,017 7,542 22,602 Unearned revenue --- --- --- --- Total current liabilities 624,436 98,538 21,344 91,936 Noncurrent liabilities: Accrued employee benefits 189,848 84,729 14,519 43,506 Other postemployment benefits 184,125 41,118 3,441 17,369 Net pension liability 2,000,570 689,808 86,053 409,072 Total noncurrent liabilities 2,374,543 815,655 104,013 469,947 Total liabilities 2,998,979 914,193 125,357 561,883 DEFERRED INFLOWS OF RESOURCES Pension related deferred inflows 320,463 108,025 12,944 78,594 NET POSITION Net investment in capital assets 17,397 --- 2,403 --- Unrestricted (1,404,625) (577,647) 344,324 (413,352) Total net position $ (1,387,228) $ (577,647) $ 346,727 $ (413,352) 144
EQUIPMENT RADIO GROUP HEALTH REPLACEMENT REPLACEMENT INSURANCE TOTALS $ 3,152,345 $ 20,049 $ 6,885,996 $ 11,613,713 --- --- --- 21,266 6,275 --- 7,188 13,463 --- --- --- --- --- --- --- 1,004 --- --- --- 52,383 --- --- --- 175,312 3,158,620 20,049 6,893,184 11,877,141 32,161,794 2,438,233 --- 35,833,089 (27,639,774) (2,438,233) --- (31,291,269) 4,522,020 --- --- 4,541,820 $ 7,680,640 $ 20,049 $ 6,893,184 $ 16,418,961 --- --- --- $ 1,263,850 $ 245,285 $ --- $ 733,933 $ 1,428,776 --- --- --- 212,884 --- --- 1,899,000 2,072,812 --- --- 17,358 17,358 245,285 --- 2,650,291 3,731,830 --- --- --- 332,602 --- --- --- 246,053 --- --- --- 3,185,503 --- --- --- 3,764,158 245,285 --- 2,650,291 7,495,988 --- --- --- 520,026 4,522,020 --- --- 4,541,820 2,913,335 20,049 4,242,893 5,124,977 $ 7,435,355 $ 20,049 $ 4,242,893 $ 9,666,797 145
COMBINING STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION (DEFICIT) INTERNAL SERVICE FUNDS For the Fiscal Year Ended June 30, 2017 Operating revenues: EQUIPMENT RADIO SERVICE CENTRAL COMMUN- CENTER FORESTRY SERVICES ICATIONS Charges for sales and services $ 9,219,391 $ 1,570,675 $ 603,814 $ 738,810 Miscellaneous --- --- --- --- Total operating revenue 9,219,391 1,570,675 603,814 738,810 Operating expenses: Personal services 3,347,820 1,294,693 138,315 537,412 Contractual services 766,052 218,333 400,877 137,558 Commodities 4,905,858 22,372 71,248 51,626 Depreciation 1,933 --- 2,376 --- Other charges 161,060 73,292 674 2,555 Total operating expenses 9,182,723 1,608,690 613,490 729,151 Operating income (loss) 36,668 (38,015) (9,676) 9,659 Non-operating revenues: Gain (loss) on disposal of capital assets --- --- --- --- Total nonoperating revenues --- --- --- --- Change in net position Total net position (deficit) - beginning 36,668 (38,015) (9,676) 9,659 (1,423,896) (539,632) 356,403 (423,011) Total net position (deficit) - ending $ (1,387,228) $ (577,647) $ 346,727 $ (413,352) 146
EQUIPMENT RADIO GROUP HEALTH REPLACEMENT REPLACEMENT INSURANCE TOTALS $ 3,286,706 $ --- $ 28,243,308 $ 43,662,704 42 --- --- 42 3,286,748 --- 28,243,308 43,662,746 --- --- --- 5,318,240 --- --- 28,890,076 30,412,896 --- 201,940 --- 5,253,044 1,644,879 --- --- 1,649,188 --- --- 125,129 362,710 1,644,879 201,940 29,015,205 42,996,078 1,641,869 (201,940) (771,897) 666,668 64,368 --- --- 64,368 64,368 --- --- 64,368 1,706,237 (201,940) (771,897) 731,036 5,729,118 221,989 5,014,790 8,935,761 $ 7,435,355 $ 20,049 $ 4,242,893 $ 9,666,797 147
COMBINING STATEMENT OF CASH FLOWS ALL INTERNAL SERVICE FUNDS For the Fiscal Year Ended June 30, 2017 EQUIPMENT RADIO SERVICE CENTRAL COMMUNI- CENTER FORESTRY SERVICES CATIONS CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers and users $ 560,792 $ 18,595 $ 603,814 $ 740,010 Receipts from interfund services provided 8,660,984 1,554,712 --- --- Payments to suppliers (5,789,702) (139,881) (507,707) (161,154) Payments to employees (3,269,435) (1,250,926) (131,114) (535,714) Payments for interfund services used (86,914) (180,790) --- 11,077 Net cash provided by (used in) operating activities 75,725 1,710 (35,007) 54,219 CASH FLOWS FROM NONCAPITAL AND RELATED FINANCING ACTIVITIES Proceeds from interfund accounts --- --- --- --- Payments to interfund accounts --- --- --- --- Intergovernmental receipts 2 --- --- (204) Net cash provided by (used in) noncapital and related financing activities 2 --- --- (204) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition and construction of capital assets (19,330) --- --- --- Proceeds from sale of capital assets --- --- --- --- Net cash used in capital and related financing activities (19,330) --- --- --- Net increase (decrease) in cash and cash equivalents 56,397 1,710 (35,007) 54,015 Cash and cash equivalents, beginning of year $ 938,442 $ 159,174 $ 355,171 $ 25,421 Cash and cash equivalents, end of year $ 994,839 $ 160,884 $ 320,164 $ 79,436 148
EQUIPMENT RADIO GROUP HEALTH REPLACEMENT REPLACEMENT INSURANCE TOTALS $ 3,280,473 $ --- $ 28,247,899 $ 33,451,583 --- --- --- 10,215,696 --- (201,940) (29,147,528) (35,947,912) --- --- 138,000 (5,049,189) --- --- --- (256,627) 3,280,473 (201,940) (761,629) 2,413,551 15,000 --- --- 15,000 (4,775) --- (4,775) --- --- --- (202) 10,225 --- --- 10,023 (889,198) --- --- (908,528) 71,658 --- --- 71,658 (817,540) --- --- (836,870) 2,473,158 (201,940) (761,629) 1,586,704 $ 679,187 $ 221,989 $ 7,647,625 $ 10,027,009 $ 3,152,345 $ 20,049 $ 6,885,996 $ 11,613,713 (continued) 149
COMBINING STATEMENT OF CASH FLOWS (CONTINUED) ALL INTERNAL SERVICE FUNDS For the Fiscal Year Ended June 30, 2017 Reconciliation of operating income (loss) to net cash provided by (used in) operating activities: EQUIPMENT RADIO SERVICE CENTRAL COMMUNI- CENTER FORESTRY SERVICES CATIONS Operating income (loss) 36,668 (38,015) (9,676) 9,659 Adjustments to reconcile operating income (loss) to net cash provided by (used in) operating activities: Depreciation expense 1,933 --- 2,376 --- Proceeds from damage claims --- --- --- --- (Increase) decrease in accounts and taxes receivable 2,385 2,632 --- 1,200 (Increase) decrease in inventories (29,273) --- (11,983) --- (Increase) decrease in prepaid items 3,159 --- (14,514) --- Increase (decrease) in accounts payable (17,532) (6,674) (8,411) 41,662 Increase in accrued wages payable 20,655 7,945 652 5,401 Increase (decrease) in accrued employee benefits and other postemployment benefits 24,615 27,930 5,402 (5,662) Increase in unearned revenue --- --- --- --- (Increase) in deferred outflows (276,319) (102,715) (12,870) (51,183) (Decrease) in deferred inflows (97,449) (34,834) (4,414) (16,736) Increase in net pension liability 406,883 145,441 18,431 69,878 Total adjustments 39,057 39,725 (25,331) 44,560 Net cash provided by (used in) operating activities $ 75,725 $ 1,710 $ (35,007) $ 54,219 Schedule of noncash capital and related financing activities: Gain on sale of capital asset --- --- --- --- (Proceeds) on accoutns payabel for acquisition of capital assets --- --- --- --- 150
EQUIPMENT RADIO GROUP HEALTH REPLACEMENT REPLACEMENT INSURANCE TOTALS 1,641,869 (201,940) (771,897) 666,668 1,644,879 --- --- 1,649,188 --- --- --- - (6,275) --- 1,730 1,672 --- --- --- (41,256) --- --- --- (11,355) --- --- (132,323) (123,278) --- --- --- 34,653 --- --- 138,000 190,285 --- --- 2,861 2,861 --- --- --- (443,087) --- --- --- (153,433) --- --- --- 640,633 1,638,604-10,268 1,746,883 $ 3,280,473 $ (201,940) $ (761,629) $ 2,413,551 64,368 --- --- 64,368 (245,285) --- --- (245,285) 151