Fiscal Year 2020 Annual Financial Report Including Annual Report of Nonfinancial Data
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2020 Annual Financial Report INCLUDING ANNUAL REPORT OF NONFINANCIAL DATA Texas Parks and Wildlife Department Annual Financial Report For the Fiscal Year Ended August 31, 2020 For accessibility assistance with this document, contact TPWD by email at [email protected], on a Text Telephone (TTY) at (512) 389-8915, or by Relay Texas at 7-1-1 or (800) 735-2989. Texas Parks and Wildlife Commission S. Reed Morian Arch “Beaver” Aplin, III James E. Abell Chai man Vice-Chai man Kilgo e Houston Lake Jackson Oliver J. Bell Anna B. Galo Jeffery D. Hildebrand Cleveland La edo Houston Jeanne W. Latimer Robert L. “Bobby” Patton, Jr. Dick Scott San Antonio Fo t Wo th Wimbe ley Lee M. Bass T. Dan Friedkin Chai man-Eme itus Chai man-Eme itus Fo t Wo th Houston © 2019 TPWD CS LF H0800-2010A (8/19) Table of Contents Letter of Transmittal Page Government-wide Financial Statements: I Combined Balance Sheet/Statement of Net Position - Governmental Funds............................................................................................................... 1 II Combined Statement of Revenues, Expenditures and Changes in Fund Balances/Statement of Activities - Governmental Funds.......................... 3 VI Combined Statement of Fiduciary Net Position.............................................................................................................................................................. 5 Fund Financial Statements: A-1 Combining Balance Sheet - All General and Consolidated Funds................................................................................................................................ 6 A-2 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - All General and Consolidated Funds...................................... 9 C-1 Combining Balance Sheet - Debt Service Funds........................................................................................................................................................... 12 C-2 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Debt Service Funds................................................................. 13 D-1 Combining Balance Sheet - Capital Projects Funds....................................................................................................................................................... 14 D-2 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Capital Projects Funds............................................................ 16 E-1 Combining Balance Sheet - Permanent Funds.............................................................................................................................................................. 18 E-2 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Permanent Funds.................................................................... 19 J-1 Combining Statement of Changes in Assets and Liabilities - Agency Funds................................................................................................................ 20 Notes to the Financial Statements: 1 Summary of Significant Accounting Policies................................................................................................................................................................... 24 2 Capital Assets.................................................................................................................................................................................................................. 34 3 Deposits, Investments and Repurchase Agreements.................................................................................................................................................... 36 4 Short-Term Debt - Not Applicable................................................................................................................................................................................... 37 5 Long-Term Liabilities....................................................................................................................................................................................................... 38 6 Bonded Indebtedness - Not Applicable........................................................................................................................................................................... 40 7 Derivatives - Not Applicable............................................................................................................................................................................................ 41 8 Leases.............................................................................................................................................................................................................................. 42 9 Defined Benefit Pension Plans and Defined Contribution Plan - Not Applicable........................................................................................................... 43 10 Deferred Compensation - Not Applicable....................................................................................................................................................................... 44 11 Postemployment Benefits Other than Pensions - Not Applicable.................................................................................................................................. 45 12 Interfund Activity and Transactions................................................................................................................................................................................. 46 13 Continuance Subject to Review...................................................................................................................................................................................... 47 14 Adjustments to Fund Balances and Net Position............................................................................................................................................................ 48 15 Contingencies and Commitments................................................................................................................................................................................... 49 16 Subsequent Events - Not Applicable............................................................................................................................................................................... 52 17 Risk Management............................................................................................................................................................................................................ 53 18 Management's Discussion and Analysis (MD&A) - Not Applicable ............................................................................................................................... 56 19 The Financial Reporting Entity........................................................................................................................................................................................ 57 20 Stewardship, Compliance and Accountability................................................................................................................................................................. 58 21 Not Applicable to the AFR............................................................................................................................................................................................... 59 22 Donor Restricted Endowments........................................................................................................................................................................................ 60 23 Extraordinary and Special Items - Not Applicable.......................................................................................................................................................... 61 24 Disaggregation of Receivable and Payable Balances - Not Applicable......................................................................................................................... 62 25 Termination Benefits - Not Applicable............................................................................................................................................................................. 63 26 Segment Information - Not Applicable............................................................................................................................................................................ 64 27 Service Concession Arrangements - Not Applicable...................................................................................................................................................... 65 28 Deferred Outflows of Resources and Deferred Inflows of Resources - Not Applicable................................................................................................ 66 29 Troubled Debt Restructuring - Not Applicable................................................................................................................................................................ 67 30 Non-Exchange Financial Guarantees - Not Applicable.................................................................................................................................................. 68 31 Tax Abatements - Not Applicable...................................................................................................................................................................................