Parish of Ascension, Louisiana
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Parish of Ascension, Louisiana 2010 COMPREHENSIVE ANNUAL FINANCIAL REPORT For the fiscal year ended December 31, 2010 Parish of Ascension, Louisiana COMPREHENSIVE ANNUAL FINANCIAL REPORT PARISH OF ASCENSION DONALDSONVILLE, LOUISIANA For the fiscal year ended December 31, 2010 Prepared by Finance Department Gwen LeBlanc, Chief Financial Officer PARISH OF ASCENSION COMPREHENSIVE ANNUAL FINANCIAL STATEMENTS TABLE OF CONTENTS December 31, 2010 Exhibit Page INTRODUCTORY SECTION Letter of Transmittal………………………………………………………………………………….. viii GFOA Certificate of Achievement in Excellence in Financial Reporting ........................................... xv Principal Officials…………………. .................................................................................................... xvi Organizational Charts… ....................................................................................................................... xvii FINANCIAL SECTION Independent Auditors' Report .......................................................................................................... 1 Management’s Discussion And Analysis .......................................................................................... 3 Basic Financial Statements: Government-wide Financial Statements: Statement of Net Assets .................................................................................................... A 19 Statement of Activities ..................................................................................................... A-1 20 Fund Financial Statements: Governmental Funds: Balance Sheet ............................................................................................................... A-2 22 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets ...................................................................... A-3 23 Statement of Revenues, Expenditures, and Changes in Fund Balances ..................................................................................................... A-4 24 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities .................................................................................. A-5 25 Proprietary Funds: Statement of Net Assets ............................................................................................... A-6 26 Statement of Revenues, Expenses, and Changes in Net Assets ........................................................................................................... A-7 27 Statement of Cash Flows ............................................................................................. A-8 28 Discretely Presented Component Units: Governmental Fund Type: Combining Statement of Net Assets ....................................................................... A-9 30 i TABLE OF CONTENTS (Continued) Exhibit Page Basic Financial Statements (Continued) Combining Statement of Activities ........................................................................ A-10 32 Proprietary Fund Type: Combining Statement of Net Assets ................................................................................. A-11 34 Combining Statement of Activities .................................................................................. A-12 35 Notes to Financial Statements ............................................................................................... A-13 37 Required Supplementary Information: Major Fund Budgetary Comparison Schedules: General Fund: Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual .................................................. B 87 Sales and Use Tax District No. 1 Fund: Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual .................................................. B-1 89 Sales and Use Tax District No. 2 Fund: Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual .................................................. B-2 90 East Ascension Drainage Fund: Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual .................................................. B-3 91 Schedule of Funding Progress - Other Postemployment Benefits Plan ................................ B-4 93 Notes to Required Supplementary Information ..................................................................... B-5 94 Combining and Individual Fund Statements and Schedules: General Fund and Nonmajor Governmental Funds: Combining Balance Sheet - Nonmajor Governmental Funds .......................................... C 104 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Nonmajor Governmental Funds ..................................... C-1 105 General Fund: Schedule of Departmental Expenditures - Budget (GAAP Basis) and Actual .......................................................................... C-2 106 Nonmajor Special Revenue Funds: Combining Balance Sheet - Nonmajor Special Revenue Funds ...................................... D 110 Combining Balance Sheet - Road Lighting Districts ....................................................... D-1 114 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Nonmajor Special Revenue Funds ................................. D-2 116 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Road Lighting Districts ................................................................. D-3 120 ii TABLE OF CONTENTS (Continued) Exhibit Page Combining And Individual Fund Statements (continued): Nonmajor Special Revenue Funds (continued): Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road and Bridge Fund ....................... D-4 122 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - West Ascension Drainage Fund ........................................................................................................ D-5 123 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Health Unit Fund ................................ D-6 124 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Mental Health Center Fund ..................................................................................... D-7 125 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Fire Protection District No. 1 Fund .................................................................................................. D-8 126 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Fire Protection District No. 2 ................................................................................. D-9 127 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Fire Protection District No. 3 Fund ................................................................................................. D-10 128 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Fire Protection District No. 3 Dedicated Fund ............................................................................... D-11 129 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Recreation Commission Fund ................................................................................................... D-12 130 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Recreation Fund B ............................. D-13 131 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Lighting District No. 1 Fund .................................................................................................. D-14 132 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Lighting District No. 2 Fund .................................................................................................. D-15 133 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Lighting District No. 3 Fund .................................................................................................. D-16 134 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Lighting District No. 4 Fund .................................................................................................. D-17 135 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Lighting District No. 5 Fund .................................................................................................. D-18 136 iii TABLE OF CONTENTS (Continued) Exhibit Page Combining And Individual Fund Statements (continued): Nonmajor Special Revenue Funds (continued): Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Lighting District No. 6 Fund .................................................................................................. D-19 137 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Lighting District