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Fiscal Year Ended June 30, 2015 Report County of Nevada State of California Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2015 Historical North Star House Marcia L. Salter Auditor-Controller The North Star House is distinctively characteristic of the Grass Valley mining industry that once dominated the region’s economic and social development from early settlement during the Gold Rush period to the industry’s slow decline and demise in the mid-twentieth century. The 1905 design was by renowned architect Julia Morgan. Built in the early California Crafts- man style, the home is a significant example of her early work, and was one of her first major commissions as an independent architect. The construction of the North Star House, for the North Star Mine manager Arthur De Wint Foote and his family, reflected the elevated status of the mining industry as one of the chief sources of wealth and industry for the area. It stood as a continuation of grand local mine related commissions that included rival Empire Mine’s Bourne Cottage designed by Willis Polk (1895-1897). The Foote family maintained residence until 1968. In 2003, the property was purchased by the Nevada County Land Trust, who then transferred ownership to the North Star Historic Con- servancy in 2014. These two groups, with countless volunteers, have worked to rehabilitate and restore the home to its former glory. The work is ongoing, but the site is now open for public use. For more information visit: www.northstarconservancy.org Photos Cover: North Star House, photo from County of Nevada Archives Top and Bottom Left: North Star House, photo courtesy of Lydia Photography, lydiaphotography.com Top Right: Photo of Julia Morgan Bottom Right: North Star House, circa 1905, photo courtesy of North Star Historic Conservancy COUNTY OF NEVADA, CALIFORNIA COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Year Ended June 30, 2015 COUNTY OF NEVADA Auditor-Controller’s Office Marcia L. Salter Auditor-Controller THIS PAGE INTENTIONALLY LEFT BLANK COUNTY OF NEVADA Comprehensive Annual Financial Report For the Year Ended June 30, 2015 Table of Contents Page INTRODUCTORY SECTION Letter of Transmittal ......................................................................................................................................... i-viii Government Finance Officer’s Association Certificate of Achievement .......................................................... ix County Officials ................................................................................................................................................ x Organizational Chart ........................................................................................................................................ xi FINANCIAL SECTION Independent Auditor’s Report .......................................................................................................................... 1-2 Management’s Discussion and Analysis (Unaudited) ..................................................................................... 3-22 Basic Financial Statements: Government-Wide Financial Statements: Statement of Net Position ...................................................................................................................... 23 Statement of Activities ........................................................................................................................... 24-25 Fund Financial Statements: Governmental Funds: Balance Sheet ................................................................................................................................... 28-29 Reconciliation of the Governmental Funds Balance Sheet to the Government-Wide Statement of Net Position ................................................................................ 30 Statement of Revenues, Expenditures and Changes in Fund Balances .......................................... 32-33 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Government-Wide Statement of Activities ................................................................................................................... 34 Proprietary Funds: Statement of Net Position ................................................................................................................. 36-37 Statement of Revenues, Expenses and Changes in Net Position .................................................... 38-39 Statement of Cash Flows .................................................................................................................. 40-43 Fiduciary Funds: Statement of Fiduciary Net Position ................................................................................................. 44 Statement of Changes in Fiduciary Net Position .............................................................................. 45 Notes to Basic Financial Statements .......................................................................................................... 47-93 Required Supplementary Information (Unaudited): Schedule of Changes in Net Position Liability and Related Ratios ............................................................ 95-97 Schedule of Funding Progress – Other Postemployment Benefits (OPEB) ............................................... 98 Infrastructure Assets Reported Using the Modified Approach ................................................................... 98-99 Page FINANCIAL SECTION (CONTINUED) Required Supplementary Information (Unaudited) (continued): Budgetary Comparison Schedule – Budgetary Basis – General Fund .................................................... 100-102 Budgetary Comparison Schedule – Budgetary Basis – Road .................................................................. 103 Budgetary Comparison Schedule – Budgetary Basis – Community Development Agency ..................... 104 Budgetary Comparison Schedule – Budgetary Basis – Human Services Agency ................................... 105 Budgetary Comparison Schedule – Budgetary Basis – Health and Welfare Realignmant ...................... 106 Budgetary Comparison Schedule – Budgetary Basis – Local Revenue Fund 201 Realignment ............. 107 Note to Budgetary Comparison Schedule ................................................................................................ 108 Combining and Individual Fund Statements and Schedules: Nonmajor Governmental Funds: Combining Balance Sheet ................................................................................................................... 109 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances ......................... 110 Special Revenue Funds: Narrative Summary ......................................................................................................................... 111-115 Combining Balance Sheet .............................................................................................................. 117-121 Combining Statement of Revenues, Expenditures and Changes in Fund Balances ..................... 122-126 Budgetary Comparison Schedule – Budgetary Basis: Fish and Game ........................................................................................................................... 127 Child Support Services ............................................................................................................... 128 Recycled Oil Block Grant ........................................................................................................... 129 Motor Vehicle License ................................................................................................................ 130 Public Library ............................................................................................................................. 131 INET Maintenance ..................................................................................................................... 132 Workers’ Compensation ............................................................................................................. 133 Human Services Agency ............................................................................................................ 134 Administration ............................................................................................................................ 135 Community Development Agency .............................................................................................. 136 District Attorney .......................................................................................................................... 137 Probation .................................................................................................................................... 138 Recorder .................................................................................................................................... 139 Sheriff ......................................................................................................................................... 140 Special Districts Governed by the Board of Supervisors ........................................................... 141 Public Works .............................................................................................................................. 142 Housing and Community Services ............................................................................................. 143 Debt
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