2012 Comprehensive Annual Financial Report for Fiscal Year Ended December 31, 2012
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COMPREHENSIVE ANNUAL FINANCIAL REPORT PARISH OF ASCENSION DONALDSONVILLE,LOUISIANA For the fiscal year ended December 31, 2012 Prepared by Finance Department Gwen LeBlanc, Chief Financial Officer PARISH OF ASCENSION COMPREHENSIVE ANNUAL FINANCIAL STATEMENTS TABLE OF CONTENTS December 31, 2012 Exhibit Page INTRODUCTORY SECTION Letter of Transmittal……………………………………………………………………………….. viii GFOA Certificate of Achievement in Excellence in Financial Reporting………………………… xvii Principal Officials………………….……………………………………………………………… xviii Organizational Charts………………………………………………………………………………. xix FINANCIAL SECTION Independent Auditors' Report .......................................................................................................... 1 Management’s Discussion and Analysis ........................................................................................... 5 Basic Financial Statements: Government-wide Financial Statements: Statement of Net Position ................................................................................................. A 21 Statement of Activities ..................................................................................................... A-1 22 Fund Financial Statements: Governmental Funds: Balance Sheet ............................................................................................................... A-2 24 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position .................................................................... A-3 25 Statement of Revenues, Expenditures, and Changes in Fund Balances ..................................................................................................... A-4 26 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities .................................................................................. A-5 27 Proprietary Funds: Statement of Net Position ............................................................................................ A-6 28 Statement of Revenues, Expenses, and Changes in Net Position ......................................................................................................... A-7 29 Statement of Cash Flows ............................................................................................. A-8 30 i PARISH OF ASCENSION TABLE OF CONTENTS (Continued) Exhibit Page COMPREHENSIVE ANNUAL FINANCIAL STATEMENTS Basic Financial Statements (Continued): Discretely Presented Component Units: Governmental Fund Type: TABLE OF CONTENTS Combining Statement of Net Position ......................................................................... A-9 32 Combining Statement of Activities .............................................................................. A-10 34 December 31, 2012 Proprietary Fund Type: Exhibit Page Combining Statement of Net Position ......................................................................... A-11 36 INTRODUCTORY SECTION Combining Statement of Activities .............................................................................. A-12 37 Letter of Transmittal……………………………………………………………………………….. viii Notes to Financial Statements ............................................................................................... A-13 39 GFOA Certificate of Achievement in Excellence in Financial Reporting………………………… xvii Principal Officials………………….……………………………………………………………… xviii Required Supplementary Information: Organizational Charts………………………………………………………………………………. xix Major Fund Budgetary Comparison Schedules: General Fund: FINANCIAL SECTION Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual .................................................. B 89 Independent Auditors' Report .......................................................................................................... 1 East Ascension Drainage Fund: Schedule of Revenues, Expenditures and Changes Management’s Discussion and Analysis ........................................................................................... 5 in Fund Balance - Budget (GAAP Basis) and Actual .................................................. B-1 91 Schedule of Funding Progress - Other Postemployment Benefits Plan ................................ B-2 93 Basic Financial Statements: Notes to Required Supplementary Information ..................................................................... B-3 94 Government-wide Financial Statements: Combining and Individual Fund Statements and Schedules: Statement of Net Position ................................................................................................. A 21 General Fund and Nonmajor Governmental Funds: Statement of Activities ..................................................................................................... A-1 22 Combining Balance Sheet - Nonmajor Governmental Funds .......................................... C 102 Combining Statement of Revenues, Expenditures, and Fund Financial Statements: Changes in Fund Balances - Nonmajor Governmental Funds ..................................... C-1 103 Governmental Funds: General Fund: Balance Sheet ............................................................................................................... A-2 24 Schedule of Departmental Expenditures - Reconciliation of the Governmental Funds Balance Budget (GAAP Basis) and Actual .......................................................................... C-2 104 Sheet to the Statement of Net Position .................................................................... A-3 25 Statement of Revenues, Expenditures, and Changes Nonmajor Special Revenue Funds: in Fund Balances ..................................................................................................... A-4 26 Combining Balance Sheet - Nonmajor Special Revenue Funds ...................................... D 108 Reconciliation of the Statement of Revenues, Expenditures, Combining Balance Sheet - Road Lighting Districts ....................................................... D-1 112 and Changes in Fund Balances of Governmental Funds Combining Statement of Revenues, Expenditures and to the Statement of Activities .................................................................................. A-5 27 Changes in Fund Balances - Nonmajor Special Revenue Funds ................................. D-2 114 Combining Statement of Revenues, Expenditures and Changes Proprietary Funds: in Fund Balances - Road Lighting Districts ................................................................. D-3 118 Statement of Net Position ............................................................................................ A-6 28 Schedule of Revenues, Expenditures and Changes in Fund Statement of Revenues, Expenses, and Changes Balance - Budget (GAAP Basis) and Actual - Road and Bridge Fund ....................... D-4 120 in Net Position ......................................................................................................... A-7 29 Schedule of Revenues, Expenditures and Changes in Fund Statement of Cash Flows ............................................................................................. A-8 30 Balance - Budget (GAAP Basis) and Actual - West Ascension Drainage Fund ........................................................................................................ D-5 121 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Health Unit Fund ................................ D-6 122 i ii TABLE OF CONTENTS (Continued) Exhibit Page Combining and Individual Fund Statements and Schedules (Continued): Nonmajor Special Revenue Funds (Continued): Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Mental Health Center ............................................................................................. D-7 123 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Fire Protection District No. 1 Fund .................................................................................................. D-8 124 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Fire Protection District No. 2 ................................................................................. D-9 125 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Fire Protection District No. 3 Fund ................................................................................................. D-10 126 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Fire Protection District No. 3 Dedicated Fund ............................................................................... D-11 127 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Lighting District No. 1 Fund .................................................................................................. D-12 128 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP Basis) and Actual - Road Lighting District No. 2 Fund .................................................................................................. D-13 129 Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget (GAAP