Mcgee Creek Authority Annual Financial Report | Farris, Oklahoma | for the Fiscal Year Ended June 30, 2012
McGee Creek Authority Annual Financial Report | Farris, Oklahoma | for the Fiscal Year ended June 30, 2012 MCGEE CREEK AUTHORITY Farris, Oklahoma A Blended Component Unit Enterprise Fund of Oklahoma City, Oklahoma Board of Trustees Pete White, Chairman Oklahoma City Water Utilities Trust, Chairman Charles McCall III, Vice Chairman Mayor of the City of Atoka, Oklahoma Mick Cornett Mayor of the City of Oklahoma City Phillip Culbreath Atoka County Commission, Chairman Vacant Southern Oklahoma Development Trust Management Marsha Slaughter, General Manager Annual Financial Report for the Fiscal Year Ended June 30, 2012 Prepared by The Oklahoma City Finance Department, Accounting Services Division Glen D. Earley, Controller Introductory Section MCGEE CREEK AUTHORITY TABLE OF CONTENTS For the Fiscal Years Ended June 30, 2012 and 2011 PAGE Transmittal Letter ii Independent Accountants' Report on Financial Statements and Supplementary Information 1 Management’s Discussion and Analysis 3 Basic Financial Statements: Statements of Net Assets 9 Statements of Revenues, Expenses, and Changes in Net Assets 10 Statements of Cash Flows 12 Notes to Financial Statements 13 Independent Accountants' Report on Internal Control Over Financial Reporting 25 and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards i This Page Intentionally Left Blank iv Financial Section Independent Accountants’ Report on Financial Statements and Supplementary Information Board of Trustees McGee Creek Authority Farris, Oklahoma We have audited the accompanying basic financial statements of McGee Creek Authority (the Authority), a component unit of the City of Oklahoma City, Oklahoma, as of and for the years ended June 30, 2012 and 2011, as listed in the table of contents.
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