WHITFIELD COUNTY, GEORGIA TABLE OF CONTENTS Year Ended December 31, 2017 INTRODUCTORY SECTION Letter of Transmittal... 1-6 Certificate of Achievement in Financial Reporting. 7 General Government Officials.. 8 Organizational Chart.. 9 Board of Commissioners.. 10 Commissioner District Map.. 11 FINANCIAL SECTION Independent Auditors Report 12-14 MANAGEMENT S DISCUSSION AND ANALYSIS. 15-28 BASIC FINANCIAL STATEMENTS. 29 Government-Wide Financial Statements Statement of Net Position. 30 Statement of Activities.. 31 Fund Financial Statements Governmental Funds Balance Sheet Governmental Funds.. 32 Reconciliation of Total Governmental Fund Balances to Net Position of Governmental Activities 33 Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds. 34 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Activities to the Statement of Activities. 35 Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - General Fund.36-39 Proprietary Funds Balance Sheet.. 40-41 Statement of Revenues, Expenses and Changes in Net Position. 42 Statement of Cash Flows 43-44 Fiduciary Funds Statement of Fiduciary Assets and Liabilities 45 Notes to Basic Financial Statements 46-76 REQUIRED SUPPLEMENTARY INFORMATION Schedule of Changes in Net Pension Liability and Related Ratios...77 Schedule of Contributions 78 Schedule of OPEB Funding Progress 79
WHITFIELD COUNTY, GEORGIA TABLE OF CONTENTS Year Ended December 31, 2017 COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES Governmental Funds Non-major Governmental Funds Combining Balance Sheet By Fund Type 80 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - By Fund Type. 81 General Fund.. 82 Comparative Balance Sheet. 83 Comparative Statement of Revenues, Expenditures and Changes in Fund Balances 84 Detailed Schedule of Revenues and Expenditures Budget and Actual 85-93 Non-major Special Revenue Funds.. 94-95 Combining Balance Sheet. 96-101 Combining Statement of Revenues, Expenditures and Changes in Fund Balances..102-107 Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual.108-127 Non-major Debt Service Fund.128 Comparative Balance Sheet.. 129 Schedule of Revenues, Expenditures and Changes in Fund Balance Budget and Actual. 130 Non-major Capital Projects Fund.. 131 Comparative-Balance Sheet.. 132 Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual.133 Major Capital Projects Funds.. 134 Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual Capital Projects SPLOST Fund. 135 Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual Capital Projects SPLSOT 2015 Fund.. 136 Schedule of Revenues, Expenditures and Changes in Fund Balances Budget and Actual Capital Projects DBA Bond Fund. 137 Proprietary Funds Non-major Enterprise Fund 138 Comparative Balance Sheet...139-140 Comparative Statement of Revenues, Expenses and Changes in Net Position 141 Comparative Statement of Cash Flows..142-143 Schedule of Revenues, Expenses and Changes in Net Position Budget and Actual 144
WHITFIELD COUNTY, GEORGIA TABLE OF CONTENTS Year Ended December 31, 2017 Internal Service Fund... 145 Comparative Statement of Net Position.. 146 Comparative Statement of Revenues, Expenses and Changes in Net Position. 147 Comparative Statement of Cash Flows.. 148 Fiduciary Funds 149 Agency Funds Combining Statement of Changes in Assets and Liabilities..150-152 STATISTICAL SECTION.153 Financial Trends Net Position by Component 154-155 Changes in Net Position. 156-159 Fund Balances of Governmental Funds.. 160 Changes in Fund Balances, Governmental Funds 161-162 Revenue Capacity Assessed and Estimated Actual Value of Taxable Property 163-164 Property Tax Rates All Overlapping Governments. 165 Principal Taxpayers. 166 Property Tax Levies and Collections 167 Tax Revenues by Source, Governmental Funds 168 Debt Capacity Ratio of Outstanding Debt by Type.. 169 Ratio of Net General Bonded Debt to Assessed Value and Net Bonded Debt per Capita. 170 Direct and Overlapping Governmental Activities Debt.. 171 Legal Debt Margin Information.. 172 Demographic and Economic Information Demographic Statistics.. 173 Principal Employers.174 Full-time Equivalent Whitfield County Employees by Function 175 Operating Information Operating Indicators by Function.. 176 Capital Asset Statistics by Function. 177 SPECIAL REPORT SECTION Independent Auditor s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards.. 178-179 Independent Auditor s Report on Compliance for Each Major Program and on Internal Control over Compliance required by the Uniform Guidance 180-181 Schedule of Findings and Questioned Costs..182 Schedule of Expenditures of Federal Awards.183-184 Schedule of Expenditures for Construction Projects Funded by Special Purpose Local Option Sales and Use Tax 185