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REVITALIZE. REINVEST. RENEW. CITY OF TYLER, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2018 TABLE OF CONTENTS EXHIBIT/ SCHEDULE PAGE(S) INTRODUCTORY SECTION Letter of Transmittal i-vii GFOA Certificate of Achievement for Excellence In Financial Reporting viii Organizational Chart ix List of Principal Officials x FINANCIAL SECTION Independent Auditors’ Report 1-3 Management’s Discussion and Analysis 4-12 Basic Financial Statements: Government-Wide Financial Statements: Statement of Net Position 1 14 Statement of Activities 2 15 Fund Financial Statements: Balance Sheet – Governmental Funds 3 16 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position 4 17 Statement of Revenues, Expenditures, and Changes in Fund Balances – Governmental Funds 5 18 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities 6 19 Statement of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual – General Fund 7 20-21 Statement of Net Position – Proprietary Funds 8 22 Statement of Revenues, Expenses, and Changes in Net Position – Proprietary Funds 9 23 Statement of Cash Flows – Proprietary Funds 10 24 Statement of Net Position – Fiduciary Funds 11 25 Statement of Changes in Net Position – Fiduciary Funds 12 26 Notes to the Financial Statements 28-68 Required Supplemental Information: Schedule of Changes in Net Pension Liability and Related Ratios A-1 70 Schedule of Contributions A-2 71 Schedule of Changes in Net Pension Liability and Related Ratios – Firefighters’ Relief and Retirement Fund A-3 72 Schedule of Contributions – Firefighters’ Relief and Retirement Fund A-4 73 CITY OF TYLER, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2018 TABLE OF CONTENTS EXHIBIT/ SCHEDULE PAGE(S) Required Supplemental Information (continued): Schedule of Changes in Net OPEB Liability and Related Ratios – Health Plan A-5 74 Schedule of Contributions – Health Plan A-6 75 Schedule of Changes in Net OPEB Liability and Related Ratios – Supplemental Death Benefits Plan A-7 76 Additional Supplemental Information: General Governmental Funds: Combining Balance Sheet B-1 78 Combining Schedule of Revenues, Expenditures and Changes in Fund Balances B-2 79 Non-Major Governmental Funds: Combining Balance Sheet C-1 82-83 Combining Statement of Revenues, Expenditures and Changes in Fund Balances C-2 84-85 Detailed Schedules of Revenue, Expenditures, and Changes in Fund Balances – Budget and Actual: Police Forfeiture Fund C-3 86 Court Special Fee Fund C-4 87 Hotel-Motel Occupancy Tax Fund C-5 88 Passenger Facility Charge Fund C-6 89 PEG Fee Fund C-7 90 CDBG Fund C-8 91 Home Grant Fund C-9 92 Housing Assistance Fund C-10 93 Transit System Fund C-11 94 TIR/TIRZ #3 Fund C-12 95 Capital Projects Fund C-13 96 Cemeteries Fund C-14 97 Internal Service Funds: Combining Statement of Net Position D-1 100 Combining Statement of Revenues, Expenses and Changes in Net Position D-2 101 Combining Statement of Cash Flows D-3 102-103 Detailed Schedules of Revenues and Expenses – Budget and Actual: Productivity Improvement Fund D-4 104 Fleet Maintenance and Replacement Fund D-5 105 Property and Liability Insurance Fund D-6 106 Employee Benefits Fund D-7 107 Retiree Benefits Fund D-8 108 Property and Facility Management Fund D-9 109 Technology Fund D-10 110 Fiduciary Funds: Employee Benefit Trust Funds: Combining Statement of Net Position E-1 112 Combining Statement of Changes in Net Position E-2 113 Private-Purpose Trust Funds: Combining Statement of Net Position E-3 114 Combining Statement of Changes in Net Position E-4 115 CITY OF TYLER, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2018 TABLE OF CONTENTS EXHIBIT/ SCHEDULE PAGE(S) Detailed Budgetary Comparisons: Detailed Schedule of Revenues – Budget and Actual General Fund F-1 117-119 Detailed Schedule of Expenditures – Budget and Actual General Fund F-2 120-124 Detailed Schedule of Revenues – Budget and Actual Utilities Fund F-3 125 Detailed Schedule of Expenses – Budget and Actual Utilities Fund F-4 126-127 Detailed Schedule of Revenues and Expenses – Budget and Actual Sanitation Fund F-5 128-129 Detailed Schedule of Revenues and Expenses – Budget and Actual Airport Fund F-6 130 STATISTICAL SECTION (UNAUDITED) Net Position by Component 1 135 Changes in Net Position 2 136-137 Governmental Activities Tax Revenues by Source 3 138 Fund Balances of Governmental Funds 4 139 Changes in Fund Balances of Governmental Funds 5 140 General Governmental Tax Revenues by Source 6 141 Retail Sales and Sales Tax Revenue Allocation 7 142 Assessed Value and Estimated Actual Value of Taxable Property 8 143 Property Tax Rates – Direct and Overlapping Governments 9 144 Principal Property Taxpayers 10 145 Property Tax Levies and Collections 11 146 Ratios of Outstanding Debt by Type 12 147 Ratios of General Bonded Debt Outstanding 13 148 Direct and Overlapping Governmental Activities Debt 14 149 Legal Debt Margin Information 15 150 Pledged-Revenue Coverage 16 151 Demographic and Economic Statistics 17 152 Principal Employers 18 153 Full-time Equivalent City Government Employees by Function 19 154 Operating Indicators by Function 20 155 Capital Asset Statistics by Function 21 156 GOVERNMENTAL COMPLIANCE SECTION Independent Auditors’ 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 159-160 Independent Auditors’ Report on Compliance for Each Major Program and on Internal Control over Compliance Required by the Uniform Guidance 161-162 Schedule of Expenditures of Federal Awards G-1 163-164 Notes to Schedule of Expenditures of Federal Awards 165 Schedule of Findings and Questioned Costs 166-168 Summary Schedule of Prior Audit Findings 169 INTRODUCTORY SECTION March 8, 2019 The Honorable Mayor, Members of the City Council, and Citizens City of Tyler Tyler, Texas The City of Tyler, Texas’ (City) Charter requires an audit of the City’s financial activities to be conducted at the end of each fiscal year by an independent certified public accountant. Upon co mpletion of the audit th e results shall be reported in writing to Council as soon as reasonably possible. This report is published to fulfill that requirement for the fiscal year ended September 30, 2018. Management assumes full responsibility for the completeness and reliability of the information contained in this report, based upon a comprehensive framework of internal control. In developing and maintaining the City’s accounting system, consideration is given to the adequacy of the internal control structure. Internal controls are designed to provide reasonable, but not absolute, assurance regarding: (1) the safeguarding of assets against loss from unauthorized use or disposition; and (2) the reliability of financial records for prep aring financial statements that are free o f any material misstatements. The concept of reasonable assurance recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the evaluation of costs and benefits requires esti mates and j udgments by management. All internal control evaluations occur within the above framework. We believe that the City’s internal controls adequately safeguard assets and provide reasonable assurance of proper recording of financial transactions. To further ensure the validity of internal controls, we have implemented a fraud hotline. Gollob Morgan Peddy PC, Certified Public Accountants, have issued an unmodified (“clean”) opinion on the City of Tyler’s financial statements for the year ended September 30, 2018. In addition to meeting City Charter requirements, the audit also was designed to meet the require ments of the Federal Single Audit Act of 1996 and relat ed Uniform Guidance. The independent auditor’s report is located at the front of the financial section of this report. Management’s discussion and analysis (MD&A) immediately follows the in dependent auditor’s report an d provides a narrative introduction, overview, and analysis of the basic financial st atements. The MD& A complements this letter of transmittal, and should be read in conjunction with this document. City Profile The City of Ty ler, Texas, th e county seat of Smith County, is considered the advanced manufacturing, health care, educational and retail center of East Texas. Tyler is located on U.S. Highway 69 just south of Interstate 20 equal distance (approximately 90 m iles) between the cities of Dallas, Te xas and Shreveport, Louisiana. The City, encompassing approximately 53 square miles, had a 2010 census population of 96,900, which is a 15.84% increase from the 2000 census population of 83,650. Currently, the City’s population is estimated to be 104,798. The City is commonly referred to as the City of Roses. The City, incorporated in 1850, is a home rule city operating under the Council-Manager form of government. The City Charter was adopted on February 9, 1937. The home rule corporation status is granted under the Constitution and Laws of the State of Texas. The City Council is comprised of the May or and six Council members who function as the policy- making body of the City’s government, determining the overall goals, objectives and direction for City services, and adopting the annual operating budgets for all City departments. The City Manager is appointed by the City Council and is responsible for the daily m anagement and im plementation of policy of the City including appointing the various key leaders an d department heads. The Mayor and Council members serve two-year terms, with general Council elections occurring each year based on district. The mayor is elected at large; the remaining Council members are elected by district.

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