Trumbull County, Ohio Comprehensive Annual Financial Report for the Year Ended December 31, 2015
Total Page:16
File Type:pdf, Size:1020Kb
TRUMBULL COUNTY, OHIO COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2015 PREPARED BY: ADRIAN S. BIVIANO, MBA, CPA, CGFM, CFE TRUMBULL COUNTY AUDITOR 160 HIGH STREET N.W. WARREN, OHIO 44481 This Page is Intentionally Left Blank. INTRODUCTORY SECTION This page intentionally left blank. TRUMBULL COUNTY, OHIO COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2015 TABLE OF CONTENTS I. INTRODUCTORY SECTION Title Page Table of Contents .................................................................................................................................... i-iv County Auditor’s Letter .......................................................................................................................... v Letter of Transmittal ............................................................................................................................... vii-xiii Elected Officials ...................................................................................................................................... xv Organizational Chart - County Auditor’s Office ..................................................................................... xvi Organizational Chart - Trumbull County ................................................................................................ xvii Certificate of Achievement for Excellence in Financial Reporting ......................................................... xviii II. FINANCIAL SECTION INDEPENDENT AUDITOR’S REPORT .................................................................................................. 1-3 MANAGEMENT’S DISCUSSION AND ANALYSIS ............................................................................. 5-18 BASIC FINANCIAL STATEMENTS: Government-Wide Financial Statements: Statement of Net Position ................................................................................................................... 19 Statement of Activities ........................................................................................................................ 20-21 Fund Financial Statements: Balance Sheet - Governmental Funds .................................................................................................. 22-23 Reconciliation of Total Governmental Fund Balances to Net Position of Governmental Activities .............................................................................................................. 24 Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds ...................................................................................................... 26-27 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities ........................................ 28 Statement of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual (Non-GAAP Budgetary Basis): General Fund ................................................................................................................................ 29 Motor Vehicle Gasoline Tax Fund ............................................................................................... 30 Public Assistance Fund ................................................................................................................ 31 County Board of Developmental Disabilities Fund ...................................................................... 32 Community Mental Health Fund .................................................................................................. 33 Children Services Fund ................................................................................................................ 34 Statement of Fund Net Position - Proprietary Funds ........................................................................... 35 Statement of Revenues, Expenses and Changes in Net Position - Proprietary Funds ...................................................................................................... 37 Statement of Cash Flows - Proprietary Funds ..................................................................................... 38-39 Statement of Fiduciary Assets and Liabilities - Agency Funds ........................................................... 40 i BASIC FINANCIAL STATEMENTS (CONTINUED): Notes to the Basic Financial Statements ................................................................................................. 41-101 Required Supplementary Information: Schedule of the County’s Proportionate Share of the Net Pension Liability/Asset: Ohio Public Employees Retirement System (OPERS) ..................................................................... 104 State Teachers Retirement System (STRS) of Ohio ......................................................................... 105 Schedule of County Contributions: Ohio Public Employees Retirement System (OPERS) ..................................................................... 106-107 State Teachers Retirement System (STRS) of Ohio ......................................................................... 108-109 Notes to the Required Supplementary Information ................................................................................. 110 COMBINING STATEMENTS AND INDIVIDUAL FUND SCHEDULES: Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual (Non-GAAP Budgetary Basis) General Fund ................................................................................................................................ 112-115 Motor Vehicle Gasoline Tax Fund ............................................................................................... 116 Public Assistance Fund ................................................................................................................ 117 County Board of Developmental Disabilities Fund ...................................................................... 118 Community Mental Health Fund .................................................................................................. 119 Children Services Fund ................................................................................................................ 120 General Obligation Bond Retirement Fund .................................................................................. 121 Water Fund ................................................................................................................................... 122 Sewer Fund ................................................................................................................................... 123 Combining Statements and Individual Fund Schedules - Nonmajor Governmental Funds: Fund Descriptions - Nonmajor Governmental Funds .......................................................................... 124-125 Combining Balance Sheet - Nonmajor Governmental Funds .............................................................. 126 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Nonmajor Governmental Funds ............................................................................ 127 Combining Balance Sheet - Nonmajor Special Revenue Funds .......................................................... 128-133 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Nonmajor Special Revenue Funds ........................................................................ 134-139 Schedules of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual (Non-GAAP Budgetary Basis): Child Support Fund ...................................................................................................................... 140 Real Estate Assessment Fund ....................................................................................................... 141 Indigent Guardianship Fund ......................................................................................................... 142 Dog and Kennel Fund .................................................................................................................. 143 Adult Probation Fund ................................................................................................................... 144 Probate Court Fund ...................................................................................................................... 145 Domestic Violence Shelter Fund .................................................................................................. 146 Drug Law Enforcement Fund ....................................................................................................... 147 Delinquent Real Estate Tax Assessment Collector Fund ............................................................. 148 Certificate of Title Fund ............................................................................................................... 149 Recorders Supplemental Fund ...................................................................................................... 150 Emergency 911 Fund.................................................................................................................... 151 Youth Services Fund .................................................................................................................... 152 Elderly Affairs Fund ....................................................................................................................