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TABLE OF CONTENTS
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INTRODUCTORY SECTION
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Clerk and Accountants' Letter of Transmittal
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A-1
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Certificate of Achievement for Excellence in Financial Reporting
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A-8
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Principal Officials
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A-9
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Organizational Chart
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A-10
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FINANCIAL SECTION
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INDEPENDENT AUDITORS’ REPORT
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B-1
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MANAGEMENT’S DISCUSSION AND ANALYSIS
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C-1
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BASIC FINANCIAL STATEMENTS:
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Government-wide Financial Statements:
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Statement of Net Assets
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D-1
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Statement of Activities
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D-2
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Fund Financial Statements:
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Balance Sheet - Governmental Funds
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D-4
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Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds
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D-5
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Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds to the Statement of Activities
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D-6
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Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (GAAP Basis) - General Fund
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D-7
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Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (GAAP Basis) - Special Revenue Grants
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D-8
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Statement of Fund Net Assets-Proprietary Funds
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D-9
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Statement of Revenues, Expenses, and Changes in Fund Net Assets - Proprietary Funds
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D-11
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Statement of Cash Flows - Proprietary Funds
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D-12
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Statement of Fiduciary Assets and Liabilities - Agency Fund
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D-14
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Notes to Financial Statements
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E-1
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REQUIRED SUPPLEMENTAL INFORMATION:
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Schedule of Funding Progress - Other Postemployment Benefits
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F-1
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Notes to Required Supplementary Information
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F-2
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COMBINING AND INDIVIDUAL FUND SCHEDULES:
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Nonmajor Funds:
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G-1
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Combining Balance Sheet - Nonmajor Governmental Funds
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G-6
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Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Nonmajor Governmental Funds
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G-13
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Schedules of Revenues, Expenditures, and Changes in Fund Balance Budget (GAAP Basis) and Actual
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G-20
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Internal Service Funds:
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G-58
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Combining Statement of Fund Net Assets - Internal Service Funds
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G-59
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Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets - Internal Service Funds
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G-60
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Combining Statement of Cash Flows - Internal Service Funds
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G-61
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Agency Funds:
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G-62
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Combining Statement of Fiduciary Assets and Liabilities - All Agency Funds
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G-63
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Combining Schedule of Changes in Assets and Liabilities - All Agency Funds
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G-65
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North Ridge Community Redevelopment
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Balance Sheet – North Ridge Community Redevelopment Agency
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H-1
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Statement of Revenues, Expenditures and Changes in Fund Balances - North Ridge Community Redevelopment Agency
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H-2
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Notes to North Ridge Community Redevelopment Agency Financial Statements
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H-3
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Harden/Parkway Community Redevelopment Agency
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Balance Sheet – Harden/Parkway Community Redevelopment Agency
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H-6
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Statement of Revenues, Expenditures and Changes in Fund Balances - Harden/Parkway Community Redevelopment Agency
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H-7
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Notes to Harden/Parkway Community Redevelopment Agency Financial Statements
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H-8
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Polk Commerce Centre Community Redevelopment Agency
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Balance Sheet – Polk Commerce Centre Community Redevelopment Agency
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H-11
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Statement of Revenues, Expenditures and Changes in Fund Balances Polk Commerce Centre Community Redevelopment Agency
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H-12
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Notes to Polk Commerce Centre Community Redevelopment Agency Financial Statements
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H-13
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Eloise Community Redevelopment Agency
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Balance Sheet - Eloise Community Redevelopment Agency
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H-16
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Statement of Revenues, Expenditures and Changes in Fund Balances – Eloise Community Redevelopment Agency
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H-17
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Notes to Eloise Community Redevelopment Agency Financial Statements
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H-18
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STATISTICAL SECTION
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FINANCIAL TRENDS:
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Net Assets by Component - Last Ten Years
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I-1
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Changes in Net Assets - Last Ten Years
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I-3
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Fund Balances - Governmental Funds, Last Ten Years
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I-7
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Changes in Fund Balances - Governmental Funds, Last Ten Years
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I-9
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REVENUE CAPACITY:
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Just Value and Estimated Actual Value of Taxable Property, Last Ten Years
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I-11
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Direct and Overlapping Property Tax Rates, Last Ten Years
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I-13
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Principal Property Tax Payers, Current Year and Nine Years Ago
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I-14
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Property Tax Levies and Collections, Last Ten Years
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I-15
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DEBT CAPACITY:
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Ratios of Outstanding Debt by Type, Last Ten Years
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I-16
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Pledged Revenue Coverage, Last Ten Years, Sales Tax Revenue Bonds
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I-18
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Pledged Revenue Coverage, Last Ten Years, Constitutional Fuel Tax Revenue Refunding Bonds
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I-19
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Pledged Revenue Coverage, Last Ten Years, Local Option Fuel Tax and Public Service Tax Bonds
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I-20
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Pledged Revenue Coverage, Last Ten Years, Public Service Tax Revenue Bonds
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I-21
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Pledged Revenue Coverage, Last Ten Years, Water and Sewer Bonds
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I-22
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DEMOGRAPHIC AND ECONOMIC:
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Demographic and Economic Statistics, Last Ten Years
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I-23
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Principal Employers, Current Year and Nine Years Ago
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I-24
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OPERATING:
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Operating Indicators by Function and Program, Last Ten Years
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I-25
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Full-Time Equivalent County Government Employees by Function, Last Ten Years
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I-29
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Capital Asset Statistics by Function and Program, Last Ten Years
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I-30
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OTHER SUPPLEMENTAL SCHEDULES:
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Capital Improvement Revenue Bonds, Series 2002, 2004A, and 2010
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Continuing Disclosure, Distribution Percentages, Historical Sales Tax Revenues of the County
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I-32
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Public Facilities Revenue Bonds, Series 2005
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Continuing Disclosure County Revenue Sharing Apportionment Factor Data
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I-33
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Revenue Sharing Trust Fund for Counties Receipts Pledged Revenue Share Monies Pro Form Debt Coverage
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I-34
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Constitutional Fuel Tax Revenue Refunding Bonds, Series 2006
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Continuing Disclosure Historical Distribution of Constitutional Fuel Tax Revenues to Polk County
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I-35
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Historical and Pro Forma Debt Service Coverage Historical Gasoline Sales, Population Count, Distribution Factor and Relative Land Area for Polk County
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I-36
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Transportation Improvement Revenue Bonds, Series 2010
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Continuing Disclosure Annual Share of Polk County Fuel Tax Revenue Motor Fuel Gallons Sold in Polk County
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I-37
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Polk County Distribution Percentages (Under Ordinance No. 87.04) Annual Public Service Tax Revenue
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I-38
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Utility Systems Revenue Bonds, Series 2003, 2004A, 2004B, and 2010
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Continuing Disclosure Historical Revenues and Expenses
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I-39
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Residential Water, Wastewater and Reclaimed Water Rates
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I-41
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Water System Permitted Capacity, Actual Demand and Peak Demand
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I-50
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Wastewater System Permitted Capacity, Actual Flows and Peak Flows
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I-51
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COMPLIANCE SECTION
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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
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J-1
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Independent Auditors’ Report on Schedule of Expenditures of Federal Awards and State Financial Assistance
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J-3
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Schedule of Expenditures of Federal Awards and State Financial Assistance
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J-4
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Notes to Schedule of Expenditures of Federal Awards and State Financial Assistance
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J-18
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Independent Auditors’ Report on Compliance with Requirements that Could Have a Direct and Material Effect on Each Major Federal Program and State Project and on Internal Control over Compliance in Accordance with OMB Circular A-133 and Chapter 10.550, Rules of the Auditor General
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J-20
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Schedule of Findings and Questioned Costs - Federal Programs and State Projects
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J-21
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