T OSEPH EVE
CASCADE COUNTY
Comprehensive Annuol F¡nonc¡ol Report Yeor Ended June 30, 2016
410 CENTRAL AVENUE, SUTTE 414 | GREAT FALLS I MONTANA I s9401 p 406.7 27 .1 7 98 | F AX 4067 27 .7423 | WWW. J O S E H EVE.COM CASCADE COUNTY
Table of Contents
Page
INTRODUCTORY SECTION ...... Letter of Transmittal 5 ...... Organization 8 ...... List of Elected Officials 9
FINANCIAL SECTION ...... Independent Auditors' Report 10 ...... Management's Discussion and Analysis 14
Audited Financial Statements Government-Wide Financial Statements: ...... Statement of Net Position 23 ...... Statement of Activities 24 Governmental Fund Financial Statements: ...... Balance Sheet - Governmental Funds 26 Reconciliation of Governmental Fund Balances to the ...... Statement of Net Position 28 Statement of Revenues, Expenditures and Changes ...... in Fund Balance - Governmental Funds 29 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balance of Governmental Funds ...... to the Statement of Activities 31 Proprietary Fund Financial Statements: ...... Statement of Net Position - Proprietary Funds 32 Statement of Revenues, Expenses and ...... Changes in Fund Net Position - Proprietary Funds 34 ...... Statement of Cash Flows - Proprietary Funds 36 Fiduciary Fund Financial Statements: ...... Statement of Fiduciary Net Position 40 ...... Statement of Changes in Fiduciary Net Position 41 ...... Notes to the Financial Statements 43 REQUIRED SUPPLEMENTARY INFORMATION Schedule of Proportionate Share of the Net Pension Liability and ...... Schedule of Contributions to the Montana Retirement System 87 ...... Other Post Employment Benefits Schedule of Funding Progress 95 ...... Budgetary Comparison Schedule - General Fund 96 ...... Budgetary Comparison Schedule - Road Fund 97 ...... Budgetary Comparison Schedule - Public Safety Fund 98 OTHER SUPPLEMENTARY INFORMATION ...... Combining Balance Sheet - Nonmajor Governmental Funds 99
Combining Statement of Revenue, Expenditures ...... and Changes in Fund Balance - Nonmajor Governmental Funds 100
...... Combining Balance Sheet - Nonmajor Special Revenue Funds 104
2 CASCADE COUNTY
Table of Contents - Continued
Page Combining Statement of Revenue, Expenditures and Changes in Fund Balance ...... - Nonmajor Special Revenue Funds 119
Statement of Revenue, Expenditures and Changes in Fund Balance - Budget and Actual - ...... Nonmajor Special Revenue Funds 134
...... Combining Balance Sheet - Nonmajor Debt Service Funds 177
Combining Statement of Revenue, Expenditures and ...... Changes in Fund Balance - Nonmajor Debt Service Funds 179
Statement of Revenue, Expenditures and Changes in Fund Balance - Budget and Actual - ...... Nonmajor Debt Service Funds 181
...... Combining Balance Sheet - Nonmajor Capital Projects Funds 188
Combining Statement of Revenue, Expenditures and ...... Changes in Fund Balance - Nonmajor Capital Projects Funds 190
Statement of Revenue, Expenditures and Changes in Fund Balance - Budget and Actual - ...... Nonmajor Capital Projects Funds 192
...... Combining Statement of Net Position - Internal Service Funds 199
Combining Statement of Revenue, Expenses ...... and Changes in Net Position - Internal Service Funds 201
...... Combining Statement of Cash Flows - Internal Service Funds 203
...... Combining Statement of Fiduciary Net Position - Private Purpose Trust Funds 208 Combining Statement of Changes in Fiduciary Net Position - ...... Private Purpose Trust Funds 211
...... Combining Balance Sheet - Agency Funds 214 ...... Combining Statement of Changes in Assets and Liabilities - Agency Funds 234
...... Combining Balance Sheet - Nonmajor Proprietary Funds 265 Combining Statement of Revenue, Expenditures ...... and Changes in Fund Net Position - Nonmajor Proprietary Funds 266
STA...... TISTICAL SECTION 268 Financial Trends: ...... Net Assets by Component 269 ...... Changes in Net Assets 270 ...... Fund Balances of Governmental Funds 272 ...... Changes in Fund Balances of Governmental Funds 273
3 CASCADE COUNTY
Table of Contents - Continued
Page Revenue Capacity: ...... Assessed Value and Estimated Market Value of Taxable Property 274 ...... Property Tax Rates Direct and Overlapping Governments 275 ...... Principal Property Taxpayers 276 ...... Property Tax Levies and Collections 277
Debt Capacity: ...... Ratios of Outstanding Debt by Type 278 ...... Ratios of General Bonded Debt Outstanding 279 ...... Legal Debt Margin Information 280
Demographic and Economic Information: ...... Demographic Statistics 281 ...... Principal Employers 282
Operating Information: ...... Full-time Equivalent County Employees by Function 283 ...... Capital Asset Statistics by Function 284
SINGLE AUDIT SECTION ...... Schedule of Expenditures of Federal Awards 285 ...... Notes to Schedule of Expenditures of Federal Awards 290 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 291 Report on Compliance for Each Major Federal Program and on Internal Control over Compliance Required by the ...... Uniform Guidance 293 ...... Schedule of Findings and Questioned Costs 295 ...... Corrective Action Plan 300 ...... Summary Schedule of Prior Year Federal Audit Findings 301
4 Board of County Commissioners 325 2nd Avenue North Crreat Falls, MT 59401 Tel. 406.454.6E10 Fax 406.454.6945 [email protected] Cesceos CouNrv www. cascadecountymt. gov It
March 31,2017
To the Board of County Commissioners and Citizens of Cascade County, Montana:
State law requires that all general-purpose local governments publish within six months ofthe close of each fiscal year a complete set offinancial statements presented in conformity with Generally Accepted Accounting Principles (GAAP) and within one year the financial statements audited in accordance with generally accepted auditing standards by a firm oflicensed certified public accountants. We hereby issue the Comprehensive Annual Financial Report for Cascade County for the fiscal year ending June 30,2016.
This report consists of management's representations conceming the finances of Cascade County. Management assumes full responsibility for the completeness and reliability ofall ofthe information presented inthis report. To provide a reasonable basis for making these representations, management of Cascade County has established a comprehensive intemal control framework that is designed both to protect the govemment's assets from loss, theft, or misuse and to compile suflicient reliable information for the preparation of Cascade County's financial statements in conformity with GAAP. Because the cost of intemal controls should not outweigh their benefits, Cascade County's comprehensive framework of intemal controls has been designed to provide reasonable rather than absolute assurance that the financial statements will be free from material misstatement. As management, we assert that, to the best of our knowledge and belief, this financial report is complete and reliable in all material respects.
Joseph Eve and Company, a firm of Iicensed, certified public accountants have audited Cascade County's financial statements. The goal ofthe independent audit was to provide reasonable assurance that the financial statements of Cascade County for the fiscal year ended June 30,2016, are free of material misstatement. The independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by management; and evaluating the overall financial statement presentation. The independent auditor concluded based upon the audit, that there was a reasonable basis for rendering an unqualified opinion that Cascade County's financial stat€ments for the fiscal year ending June 30, 2016, are fairly reported in conformity with GAAP. The independent auditor's report is presented as the first component ofthe financial section ofthis report.
The independent audit of the financial statements of Cascade County was part of a broader, federally mandated "Single Audit" designed to meet the special needs of federal grantor agencies. The standards governing Single Audit engagements require the independent auditor to report not only on the fair presentation of the financial statements, but also on the audited govemment's intemal controls and compliance with legal requirements, with special emphasis on intemal controls and legal requirements involving the administration offederal awards. These reports are available in Part IV ofthis report.
GAAP requires that management provide a narrative introduction, overview, and analysis to accompany the basic financial statements in the form of Management's Discussion and Analysis (MD&A). This letter of transmittal is designed to complement MD&A and should be read in conjunction with it. Cascade County MD&A can be found immediately following the independent auditor's report.
Profile of the Government Cascade County was incorporated September 12, 1887. The county seat is the City of Great Falls. The County covers an area of 2,659 square miles in north-central Montana. The estimated population was 8l ,755, as ofJuly I , 2016. The County is govemed by a board ofthree County Commissioners elected by the voters ofthe County. Cascade County has all the normal powers afforded to Montana counties under the Montana Code Annotated. Namely, it is a body politic and corporate. Its powers include the power to sue and to be sued, to purchase and hold lands within the county limits, to purchase and hold personal property as may be necessary, to serve as the taxing authority, the contracting body, and the chief administrators ofpublic services for the County. The Board ofCounty Commissioners is responsible for the management of the County, its property, and its finances. The Board of County Commissioners supervises the conduct of all County offices and ensures that all duties are faithfully performed. Other o{ficials elected by the voters ofthe County under the supervision ofthe County Commission are the County Attorney, County Treasurer/Superintendent of Schools, County Clerk and Recorder/Auditor/Assessor/Surveyor, Sheriff/Coroner, two Justices of the Peace, Clerk of District Court, and the County Public Administrator.
Cascade County provides a full range of services, including public safety; public works; public health; social and economic services; culture and recreation; housing and community development; and conservation of natural resources. Solid Waste sanitation services are provided through an enterprise fund. The Montana ExpoPark and Community Health Clinic are also enterprise funds.
The annual budget serves as the foundation for Cascade Counff's financial planning and control. All agencies of Cascade County are required to submit requests for appropriation to the govemment's Budget Officer on or before June l0th. The government's Budget Officer uses these requests as the starting point for developing a proposed budget. The government's Budget Officer then presents this proposed budget to the Commission for review and amendment. The Commission is required to hold public hearings on the proposed budget and to adopt a final budget by the later ofSeptember 1 or 30 days from the receipt ofthe certified taxable values.
The appropriated budget is prepared by fund, function (e.g., public safety), and department (e.g., sheriff). Department heads may make transfers of appropriations within a fund, with prior approval by the finance officer, as designated by the Board ofCounty Commissioners. An increase of appropriations in a fund, however, requires approval ofthe Board ofCounty Commissioners at a public meeting.
Factors Affecting Economic Condition The information presented in the financial statements is perhaps best understood when it is considered from the broader perspective ofthe specific environment within which Cascade County operates.
Local Economy Cascade County's economy is driven primarily by the public sector, with the primary employer being Malmstrom Air Force Base, employing nearly 4,800 military and civilian employees, with an additional 1,089 positions at the Malmstrom Air National Guard base. The second largest employment sector in Cascade County is health care and health care-related services, which account for approximately 5,000 jobs in the County. The County's economy has been vulnerable in recent years to changes occurring at the air force base.
According to the University of Montana Bureau of Business and Economic Research, slow growth in Cascade County reflects conditions in the trade and services industries. Great Falls serves as a trade and service center for North Central Montana, a region most dependent upon agriculture. The region is also dependent on tourism, especially travelers from Canada, primarily the province of Alberta which accounts for the largest number ofout of state visitors to Montana. Cascade County's economy continued its slow growth in FY 2016. As property taxes are the primary revenue source for County operations, the County forecasts slow growth in taxable values into the next fiscal year and beyond, with reappraisal not coming into effect until Fiscal Year 2016. There is industrial and business groMh in the area due to the proximity ofCascade County to both the Bakken oil fields in Eastem Montana as well as the Oilsands and related industries in Alb€rta. Some of the industrial groMh, however, is in Tax Increment Financing (TIF) districts, therefore the added taxable values ofthe growth will not be realized in County revenues for several years.
Long-term financial planning The County is working to develop an overall Long-Term Financial plan that will forecast revenues, expenditures as well as incorporate Capital needs over the next 5-10 years. This plan will be outlined in upcoming fiscal years.
The preparation of this report would not have been possible without the efficient and dedicated services of the entire staff of the finance and administration departments, as well as the respective Department Heads and their accounting staff. We would like to express our appreciation to all members of the departments who assisted and the County Commission for maintaining the highest standards of professionalism in the management of Cascade County's finances.
ES LARSON RINA FONTANA.MOORE Clerk-Recorder Cascade County Commission SOLIDWASTE ELECTED OFFICIALS C P A LERK UBLIC Steven Fagenstrom, Judge C SSESSOR S S Mary Jolley,Judge C OUNTY Rina FT Moore FT Rina HERIFF UPT Faye McWilliams J LERK Robert Edwards Robert USTICE T S
Jerry Boland Jamie Bailey John Parker AND URVEYOR A REASURER . OF DMINISTRATOR
OF /C A /A S R C TTORNEY C CHOOLS ORONER ECORDER UDITOR OURT OURT /
(C CRIMINAL ATTORNEYS IVIL LAND DATA RECORDS C ADULT DETENTION ANIMAL CONTROL , C C CITIZENS OFCASCADECOUNTY CITIZENS M C RIMINAL a REAL ESTATE IVIL ACCOUNTING R OTOR HILD ELECTIONS TAX DEED scade CountyOrganizational ESTITUTION R A ECORDS Structure S TTORNEYS B V , J UPPORT OARD URY EHICLES &J
Jane Weber, Commissioner Weber, Jane
UVENILE , Commissioner , Larson im J
OF Chairman , Briggs Joe C ) OUNTY June 30,2016 8 C OMMISSIONERS SUPERINTENDENT FOSTER GRANDPARENTS MAI BUILDING VARIOUS HEALTH GRANTS VEHICLE MAINTENANCE MEAL ONWHEELS DEC COMMUNITY BO PLANNING JUNK VEHICLEJUNK G.I.S/MAPPING C
OMMUNICATIONS R MOSQUITO PCSUPPORT RURAL FIRE RSVP ISK SERVICES BRIDGE ROAD WEED PAYROLL M
ANAGEMENT NTENANCE OF BUILDINGS ARD
AY O
FFICE
M ANAGER Y OUTH H
E H BUDGET/GRANTS COOR. EALTH XTENSION MT EXPOPARK A UMAN INFORMATION H PUBLIC WORKS GING S EALTH C DES/EMS SERVICES ERVICE ONSTABLE D R S EPARTMENT ERVICES ESOURCES
CLINIC S LIBRARIES LIBRARIES C ERVICE ENTER
DEPARTMENTS A
PPOINTED CASCADE COUNTY
ELECTED OFFICIALS
June 30, 2016
Name of County Office Official/Officer Date Term Expires Commissioner (Chairperson) Joe Briggs 12/31/2022 Commissioner Jim Larson 12/31/2020 Commissioner Jane Weber 12/31/2018 Attorney John Parker 12/31/2018 Clerk and Recorder/Auditor/Surveyor Rina Fontana Moore 12/31/2018 Clerk of District Court Faye McWilliams 12/31/2022 Justice of the Peace Steven Fagenstrom 12/31/2018 Justice of the Peace Mary Jolley 12/31/2018 Public Administrator Jerry Boland 12/31/2018 Sheriff/Coroner Bob Edwards 12/31/2018 Treasurer/School Superintendent Jamie Bailey 12/31/2018
9 INDEPENDENT AUDITORS' REPORT
Board of County Commissioners Cascade County Great Falls, Montana
Report on the Financial Statements
We have audited the accompanying financial statements of the governmental activities, the business- type activities, each major fund and the aggregate remaining fund information of Cascade County (the "County"), as of and for the year ended June 30, 2016, and the related notes to the financial statements, which collectively comprise the County's basic financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the County's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the County's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
10 Cascade County Independent Auditors' Report
Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund and the aggregate remaining fund information of Cascade County, as of June 30, 2016, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. Emphasis of Matter As discussed in Note 12 to the financial statements, the County corrected an error in previous years caused by an understatement of land not previously capitalized in the amount of $1,896,336. The effect is a prior period adjustment to increase net position in the governmental activities as of July 1, 2015 by $1,896,336. Our opinion is not modified with respect to this matter.
Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that a management's discussion and analysis, Schedule of Proportionate Share of the Net Pension Liability, Schedule of Contributions to the Montana Retirement System, Other Post Employment Benefits Schedule of Funding Progress, and the budgetary comparison schedules on pages 14 through 21, 87, 95, and 96 through 98, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
11 Cascade County Independent Auditors' Report
Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the County's basic financial statements. The accompanying combining statements, nonmajor fund budget and actual statements, and the schedule of expenditures of federal awards, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated, in all material respects, in relation to the basic financial statements as a whole. The introductory and statistical sections have not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on them. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated March 28, 2017 on our consideration of the County's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the County's internal control over financial reporting and compliance. JOSEPH EVE Certified Public Accountants Great Falls, Montana March 28, 2017
12 Management's Discussion and Analysis Cascade County, Montana Management’s Discussion and Analysis For the Year Ended June 30, 2016
As management of Cascade County, a political subdivision of the State of Montana, we offer readers of the Cascade County’s financial statements this narrative overview and analysis of the financial activities of Cascade County for the fiscal year ended June 30, 2016. We encourage readers to consider the information presented here in conjunction with additional information that we have furnished in our letter of transmittal and the County’s basic financial statements, which follow this section.
Financial Highlights • The total assets of Cascade County exceeded its liabilities at the close of the most recent fiscal year by $43,648,055 (net position). • As of the close of the current fiscal year, Cascade County’s governmental activities reported ending net position of $40,327,100. • At the end of the current fiscal year, fund balance for the general fund was $2,614,283.
Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to Cascade County’s basic financial statements. Cascade County’s basic financial statements comprise three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.
Government-wide financial statements The government-wide financial statements are designed to provide readers with a broad overview of Cascade County’s finances, in a manner similar to a private-sector business.
The statement of net positions presents information on all of Cascade County’s assets and liabilities, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of Cascade County is improving or deteriorating.
The statement of activities presents information showing how the County’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods (i.e., uncollected taxes and earned but unused compensated absences).
Both of the government-wide financial statements distinguish functions of Cascade County that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of Cascade County include general government, public safety, public works, public health, social and economic services, culture and recreation, housing and community development, conservation of natural resources, and interest on long-term debt. The business-type activities of Cascade County include a Solid Waste Disposal Fund, a Bulk Water Fund, Montana Expo Park (fairgrounds), and a Health Clinic Fund.
The government-wide financial statements can be found on pages 23-24 of this report.
Fund financial statements A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. Cascade County, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of Cascade County can be divided into three categories: governmental funds, proprietary funds, and fiduciary funds.
Governmental funds Governmental funds are used to account for essentially the same functions reported as governmental activities in government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-term financing requirements.
Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.
Information on the County’s Governmental Funds is presented separately in the governmental fund balance sheet and in the governmental fund statement of revenues, expenditures, and changes in fund balances for the General Fund, Road, (special revenue) and the Public Safety Fund (special revenue) which are considered major funds.
14 Cascade County, Montana Management’s Discussion and Analysis For the Year Ended June 30, 2016
Data from the other governmental funds are combined into a single, aggregated presentation. Individual fund data for each of these non- major governmental funds is provided in the form of combining schedules elsewhere in this report.
Cascade County adopts an annual appropriated budget for its governmental funds. A budgetary comparison statement has been provided for all governmental funds to demonstrate compliance with this budget.
The basic governmental fund financial statements can be found on pages 26-31 of this report.
Proprietary funds Cascade County maintains two different types of proprietary funds, enterprise and internal service. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. Cascade County uses enterprise funds to account for its Water Operating, Solid Waste Disposal Services, Montana Expo Park and the operation of the Health Clinic. Internal service funds are an accounting device used to accumulate and allocate costs internally throughout Cascade County’s various functions. Cascade County uses internal service funds to account for its cost of its Fleet and the County printer.
Proprietary funds provide the same type of information as the government-wide financial statements, except for internal balances, only in more detail. The proprietary fund statements reconcile internal balance to business-like activities. Individual fund data for the internal service funds is provided in the form of combining statements elsewhere in this report.
The basic proprietary fund financial statements can be found on pages 32-36 of this report.
Fiduciary funds Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statements because the resources of those funds are not available to support Cascade County’s own programs. The accounting used for fiduciary funds is much like that used for proprietary funds.
The basic fiduciary fund financial statements can be found on pages 40-41 of this report.
Notes to the financial statements The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements. The notes to the financial statements can be found on page 43 of this report.
Required Supplemental Information The budgetary comparison schedule for the general fund and the County’s two major governmental funds, Road and Public Safety, the schedule of funding progress for postretirement healthcare benefits, and new in 2015 the schedule of Proportionate Share of the Net Pension Liability and Schedule of Contributions to the Montana Retirement System are presented on pages 89-94
Other information combining and individual fund statements and schedules referred to earlier in connection with non-major governmental funds, internal service funds, and fiduciary funds can be found on pages 95-270 of this report.
Government-wide Financial Analysis As noted earlier, net position may serve over time as a useful indicator of a government’s financial position. In the case of Cascade County, assets exceeded liabilities by $43,648,055 at the close of the most recent fiscal year.
The largest portion of Cascade County’s net position reflects its investment in capital assets (e.g., land, buildings, machinery, and equipment, infrastructure, improvements other than buildings), less any related debt used to acquire those assets that is still outstanding. Cascade County uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although Cascade County’s investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.
15 Cascade County, Montana Management’s Discussion and Analysis For the Year Ended June 30, 2016
CASCADE COUNTY NET POSITION Governmental Activities Business-type Activities Total 2016 2015 2016 2015 2016 2015 Current and Other Assets 15,312,609 13,900,580 $ 1,859,280 $ 1,352,280 $ 17,171,889 $ 15,252,860 Internal Balances/Advances 2,883,510 2,996,712 $ (2,563,463) $ (2,996,712) $ 320,047 $ - Capital assets 48,938,581 45,785,089 7,049,973 7,256,797 55,988,554 53,041,886 Total Assets 67,134,700 62,682,381 6,345,790 5,612,365 73,480,490 68,294,746
Deferred outflows of Resources 3,961,261 1,404,814 159,501 155,217 4,120,762 1,560,031 Total deferred outflows of resources 3,961,261 1,404,814 159,501 155,217 4,120,762 1,560,031
Long Term Liabilities Outstanding 24,352,771 20,578,982 2,464,545 2,330,965 26,817,316 22,909,947 Other Liabilities 1,716,472 1,524,202 465,850 496,524 2,182,322 2,020,726 Total Liabilities: 26,069,243 22,103,184 2,930,395 2,827,489 28,999,638 24,930,673
Deferred Inflows of Resources Deferred inflows related to pension 4,699,618 7,475,570 253,941 526,885 4,953,559 8,002,455 Total Deferred Inflows of resources 4,699,618 7,475,570 253,941 526,885 4,953,559 8,002,455
Net Position
Invested in capital assets net of related debt 47,942,184 43,550,631 7,049,973 7,256,797 54,992,157 50,807,428
Restricted: 4,162,631 3,129,199 0 0 4,162,631 3,129,199 Unrestricted (11,777,715) (12,171,389) (3,729,018) (4,843,589) (15,506,733) (17,014,978) Total Net Position $ 40,327,100 $ 34,508,441 $ 3,320,955 $ 2,413,208 $ 43,648,055 $ 36,921,649
At the end of the current fiscal year, Cascade County is able to report positive balances in all categories of net position for the government as a whole. Business-type activities have negative unrestricted net position
16 Cascade County, Montana Management’s Discussion and Analysis For the Year Ended June 30, 2016
CASCADE COUNTY'S CHANGES IN NET POSITION Governmental Business-Type Activities Activities Total 2016 2015 2016 2015 2016 2015 Revenues: Program Revenues: Charges for Services $ 11,118,165 $ 11,322,658 $ 7,462,552 $ 6,404,407 $ 18,580,717 $ 17,727,065 Operating Grants and Contributions 6,557,127 6,574,730 - - 6,557,127 6,574,730 Capital Grants and Contributions - 80,957 - - - 80,957 General Revenues: Property Taxes 22,238,481 21,720,078 22,238,481 21,720,078 Other 1,420,244 1,011,866 1,552 230 1,421,796 1,012,096 Total Revenues 41,334,017 40,710,289 7,464,104 6,404,637 48,798,121 47,114,926 Expenses: General Government 12,657,783 12,109,713 12,657,783 12,109,713 Public Safety 14,483,710 13,665,297 14,483,710 13,665,297 Public works 3,797,581 3,877,898 3,797,581 3,877,898 Public health 4,994,443 5,160,206 4,994,443 5,160,206 Social and economic services 17,569 41,068 17,569 41,068 Culture and recreation 509,569 494,632 509,569 494,632 Housing and community development - - Conservation of natural resources 13,267 12,107 13,267 12,107 Interest on long-term debt 16,600 28,340 16,600 28,340 Unallocated depreciation 3,273 6,096 3,273 6,096 Montana Expo Park 3,711,435 3,855,572 3,711,435 3,855,572 Solid Waste 1,068,717 1,010,034 1,068,717 1,010,034 Water Operating 40,487 50,901 40,487 50,901 Community Health 2,925,879 2,909,892 2,925,879 2,909,892 Total Expenses 36,493,795 35,395,357 7,746,518 7,826,399 44,240,313 43,221,756 Change in Net Position Before Transfers 4,840,222 5,314,932 (282,414) (1,421,762) 4,557,808 3,893,170 Transfers (includes contribution of fixed assets) (917,900) 948,054 1,190,161 1,228,586 272,261 2,176,640 Change in Net Position 3,922,322 6,262,986 907,747 (193,176) 4,830,069 6,069,810 Net Position beginning of year 34,508,442 48,117,897 2,413,208 4,608,952 36,921,650 52,726,849 Prior Period Adjustment 1,896,336 (19,872,442) - (2,002,568) 1,896,336 (21,875,010) Net Position beginning of year, restated 36,404,778 28,245,455 2,413,208 2,606,384 38,817,986 30,851,839 Net Position end of year $ 40,327,100 $ 34,508,441 $ 3,320,955 $ 2,413,208 $ 43,648,055 $ 36,921,649
Governmental activities: Governmental activities increased Cascade County’s net positon by $4,840,222 before transfers.
17 Cascade County, Montana Management’s Discussion and Analysis For the Year Ended June 30, 2016
Expense and Program Revenues – Governmental Activities $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 Expenses $0 Revenues
Revenues by Source – Governmental Activities
.
Cascade County experienced an increase in Net Position of $5,818,659. • The Montana Expo Park had a loss before transfers of $1,019,591. • The Community Health Clinic had an increase before transfers of $511,242.
18 Cascade County, Montana Management’s Discussion and Analysis For the Year Ended June 30, 2016
Expense and Program Revenues – Business-type Activities
Revenues by Source – Business-type Activities
19 Cascade County, Montana Management’s Discussion and Analysis For the Year Ended June 30, 2016
Financial Analysis of the County’s Funds As noted earlier, Cascade County uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements.
The County has implemented Government Accounting Standards Board Statement 54, “Fund Balance Reporting and Governmental Fund Type Definitions”. As of the end of the current fiscal year, Cascade County’s governmental funds reported combined ending fund balances of $16,436,741. The County’s fund balances’ were classified as follows: • Restricted - $3,598,004 (22.0%) consists of required reserves mandated by granting agencies, State or Federal law. • Committed - $4,045,697 (25.0%) consists of reserves that the Board of County Commissioners have mandated for governmental funds to have. • Assigned – $7,364,694 (45%) consists of funds that can be used for specific purposes. • Unassigned – $1,049,083 (6%) consists of reserves that were considered as a surplus. • Nonspendable - $379,263 (2%) consists of resources that cannot be spent because of their form
The general fund is the chief operating fund of Cascade County. At the end of the current fiscal year, fund balance of the general fund was $2,614,283. This consisted of $1,390,782 committed reserves and $1,223,501 unassigned reserves. As a measure of the general fund’s liquidity, it may be useful to compare total fund balance to total fund expenditures. Fund balance represents approximately 47 percent of the total general fund expenditures and other financing uses for FY 2016.
Proprietary funds Cascade County’s proprietary funds provide the same type of information found in the government-wide financial statements, but in more detail.
Unrestricted net position of Non Major Proprietary Funds at the end of the year amounted to $610,178. These funds include the Bulk Water and the Solid Waste Disposal.
Unrestricted net position of the Montana Expo Park at the end of the year amounted to ($2,400,997) and unrestricted net position of the Community Health Clinic at the end of year amounted to (1,938,199).
Capital Asset and Debt Administration
Capital Assets Cascade County’s investment in capital assets for governmental and business type activities as of June 30, 2016, amounts to $54,073,056 (net of accumulated depreciation). This investment in capital assets includes land, land easements, construction in progress, buildings, improvements, machinery and equipment, roads, and bridges.
Additional information on Cascade County’s capital assets can be found in note 6 on pages 58-59 of this report.
CASCADE COUNTY CAPITAL ASSETS Governmental Activities Business-type Activities Total 2016 2015 2016 2015 2016 2015 Land 4,061,145 2,164,809 549,890 549,890 4,611,035 2,714,699 Land easements 3,198,284 3,198,284 3,198,284 3,198,284 Construction in progress 65,372 0 65,372 0 Buildings 31,061,634 30,713,258 10,930,818 10,705,338 41,992,452 41,418,596 Improvements other than buildings 248,257 241,232 4,456,070 4,435,112 4,704,327 4,676,344 Machinery and equipment 10,296,767 9,691,626 2,022,051 1,970,074 12,318,818 11,661,700 Infrastructure 33,615,583 30,953,262 33,615,583 30,953,262 Less accumulated depreciation (35,523,959) (33,232,426) (10,908,856) (10,403,617) (46,432,815) (43,636,043) Total Capital Assets 47,023,083 43,730,045 7,049,973 7,256,797 54,073,056 50,986,842
20 Cascade County, Montana Management’s Discussion and Analysis For the Year Ended June 30, 2016
Long-term Debt At the end of the current fiscal year, the County had $61,627 in loans; $2,781,176 in compensated absences with $278,118 estimated to be due within one year and $924,801 in OPEB liability. CASCADE COUNTY OUTSTANDING DEBT Governmental Activities Business-type Activities Total 2016 2015 2016 2015 2016 2015 General Obligtion Bonds 0 700,000 0 700,000 Loans 0 119,785 934,770.00 1,317,173 934,770 1,436,958 Special Assessent Debt with 61,627 97,500 61,627 97,500 Government Committment Total Debt 61,627 917,285 934,770 1,317,173 996,397 2,234,458
At year-end the ExpoPark had an outstanding balance of $966,643 owed to the County Health Insurance Fund as two in-house loans for bleachers and energy efficiency modifications.
In June 2012 the County refunded outstanding general obligation bonds into one new series. The County had net present value debt service savings of $199,715. These bonds were sold at a premium with the coupons paying 2% and the interest rates ranging from .35% to .80%. These bonds were paid off in June 2016.
Cascade County received a rating from Standard & Poor’s of A+ stable for the refunding.
State statutes limit the amount of County indebtedness to 2.5% of the total assessed value of taxable property. The current debt limitation for Cascade County is $222,445,666, which is significantly in excess of Cascade County’s outstanding debt.
Additional information on Cascade County’s long-term debt can be found in note 7 on pages 60-62 of this report.
Economic Factors and Next Year’s Budgets and Rates • The non-seasonally adjusted unemployment rate for Cascade County in June 2016 was 4.1%, which is .20% higher when compared to June 2015. The unemployment rate for the State of Montana in June 2016 was 4.2% • Economic growth remains slow for Cascade County, with a small economic upturn becoming noticeable. • Industrial growth is increasing, however much of it is occurring in the City and County Tax Increment Financing (TIF) districts, and thus is not included in newly taxable property.
Requests for Information This financial report is designed to provide a general overview of Cascade County’s finances for all those with an interest in the government’s finances. Questions concerning any of the information provided in this report or requests for additional financial information should be addressed to the Board of County Commissioners, 325 2nd Ave. N., Great Falls, MT 59401, or 406-454-6810.
21 Basic Financial Statements CASCADE COUNTY
Statement of Net Position
June 30, 2016
Governmental Business-type Activities Activities Total Assets Cash and investments $ 10,816,088 $ 764,235 $ 11,580,323 Loans receivable 183,093 183,093 Contract receivable 1,795,515 1,795,515 Accounts receivable 1,559,244 814,781 2,374,025 Taxes/assessments receivable 564,629 267,029 831,658 Prepaids 242 242 Inventory 394,040 12,993 407,033 Internal balances 1,916,867 (1,596,820) 320,047 Internal advances 966,643 (966,643) Capital assets not being depreciated 7,324,801 549,890 7,874,691 Capital assets being depreciated, net 41,613,780 6,500,083 48,113,863 Capital assets, net 48,938,581 7,049,973 55,988,554 Total assets 67,134,700 6,345,790 73,480,490 Deferred outflows of resources Deferred outflow related to pensions 3,961,261 159,501 4,120,762 Total deferred outflows of resources 3,961,261 159,501 4,120,762 Liabilities Accounts payable 950,248 140,545 1,090,793 Accrued payroll 766,224 89,444 855,668 Refundable deposits 235,861 235,861 Long-term liabilities: Due within one year 650,916 24,011 674,927 Due in more than one year 3,811,350 216,098 4,027,448 Net pension liability 19,890,505 2,224,436 22,114,941 Total liabilities 26,069,243 2,930,395 28,999,638 Deferred inflows of resources Deferred inflows related to pensions 4,699,618 253,941 4,953,559 Total deferred inflows of resources 4,699,618 253,941 4,953,559 Net position Net investment in capital assets 47,942,184 7,049,973 54,992,157 Restricted 4,162,631 4,162,631 Unrestricted (11,777,715) (3,729,018) (15,506,733) Total net position $ 40,327,100 $ 3,320,955 $ 43,648,055
See Accompanying Notes to the Financial Statements. 23 CASCADE COUNTY
Statement of Activities
Year Ended June 30, 2016
Program Revenues Operating Capital Charges for Grants and Grants and Expenses Services Contributions Contributions Functions/Programs Primary government Governmental activities Public works $ 3,797,581 $ 97,138 $ 356,821 $ General government 12,657,783 1,127,708 2,572,749 Public safety 14,483,710 9,243,765 531,736 Public health 4,994,443 572,796 3,037,970 Social and economic 17,569 18,254 Culture and recreation 509,569 76,758 982 Environmental management 13,267 38,615 Interest on long-term debt 16,600 Unallocated depreciation 3,273 Total governmental activities 36,493,795 11,118,165 6,557,127 0 Business-type activities Montana ExpoPark 3,711,435 2,691,844 Solid waste 1,068,717 1,284,126 Bulk Water 40,487 49,461 Community Health 2,925,879 3,437,121 Total business-type activities 7,746,518 7,462,552 0 0 Total primary government $ 44,240,313 $ 18,580,717 $ 6,557,127 $ 0 General revenues Taxes and assessments Investment income Donated capital assets Miscellaneous revenues Gain on trade in of capital assets Gain (loss) on disposal of capital assets Transfers in/(out) Total general revenues and transfers Change in net position Net position - beginning of year Prior period adjustments Net position - beginning of year, restated Net position - ending
See Accompanying Notes to the Financial Statements. 24 Net (Expense) Revenue and Changes in Net Position Primary Government
Governmental Business-type Activities Activities Total
$ (3,343,622) $ $ (3,343,622) (8,957,326) (8,957,326) (4,708,209) (4,708,209) (1,383,677) (1,383,677) 685 685 (431,829) (431,829) 25,348 25,348 (16,600) (16,600) (3,273) (3,273) (18,818,503) (18,818,503)
(1,019,591) (1,019,591) 215,409 215,409 8,974 8,974 511,242 511,242 0 (283,966) (283,966)
(18,818,503) (283,966) (19,102,469)
22,238,481 22,238,481 137,597 1,552 139,149 4,110 4,110 1,282,647 1,282,647 294,500 294,500 (26,349) (26,349) (1,190,161) 1,190,161 22,740,825 1,191,713 23,932,538 3,922,322 907,747 4,830,069 34,508,442 2,413,208 36,921,650 1,896,336 1,896,336 36,404,778 2,413,208 38,817,986 $ 40,327,100 $ 3,320,955 $ 43,648,055
25 CASCADE COUNTY
Balance Sheet - Governmental Funds
June 30, 2016
Other 2301 - Public Governmental General Fund 2110 - Road Safety Funds Assets Cash and investments $ 710,842 $ 687,110 1,777,473 7,376,584 Contract receivable 195,515 1,600,000 Accounts receivable 26,952 657,592 874,006 Loans receivable 183,093 Taxes and assessments receivable 115,121 44,726 148,617 256,165 Inventory 236,282 142,981 Due from other funds 2,487,673 2,276,072 Total assets $ 3,536,103 $ 968,118 $ 4,859,754 $ 10,432,829
Liabilities, deferred inflows, and fund balance Liabilities Accounts payable $ 116,637 $ 109,070 474,420 224,093 Accrued payroll 190,658 76,802 256,094 212,353 Due to other funds $ 561,573 Advances from other funds 310,281 Total liabilities 617,576 185,872 730,514 998,019
Deferred inflow Deferred tax revenue 304,244 54,589 162,388 306,861 Total deferred inflow 304,244 54,589 162,388 306,861
Fund balance Nonspendable 236,282 142,981 Restricted 3,598,004 Committed 1,390,782 489,122 1,313,709 852,084 Assigned 2,253 2,653,143 4,709,298 Unassigned 1,223,501 (174,418) Total fund balances 2,614,283 727,657 3,966,852 9,127,949 Total liabilities, deferred inflows, and fund balance $ 3,536,103 $ 968,118 $ 4,859,754 $ 10,432,829
See Accompanying Notes to the Financial Statements. 26 Total Governmental Funds
$ 10,552,009 1,795,515 1,558,550 183,093 564,629 379,263 4,763,745 $ 19,796,804
$ 924,220 735,907 561,573 310,281 2,531,981
828,082 828,082
379,263 3,598,004 4,045,697 7,364,694 1,049,083 16,436,741
$ 19,796,804
27
CASCADE COUNTY
Statement of Cash Flows Proprietary Funds - Continued
Year Ended June 30, 2016
Total governmental fund balances $ 16,436,741 Amounts reported for governmental activities in the statement of net position are different because capital assets used in governmental activities are not financial resources and, therefore, are not reported in the funds. 47,023,083 Long-term liabilities (bonds payable, intercap loans, compensated absences and other post-employment benefits payable) are not due and payable in the current period and therefore are not reported in the funds. (3,882,310) The net pension liability is not due and payable in the current period and therefore are not reported in the funds. (19,374,515) Deferred outflows and inflows of resources related to pension are applicable to future periods and therefore are not reported in the funds. (712,154) Internal service funds are used by management to charge the cost of certain activities to the individual funds. The assets and liabilities of the internal service fund are included in the governmental activities in the statement of net position. 8,173 Governmental funds report tax revenue that is measurable but not yet available at year end as deferred revenue but this earned tax revenue is reported as revenue in the Statement of Activities. 828,082 Net position - governmental activities, per statement of net position $ 40,327,100
28 CASCADE COUNTY
Statement of Revenues, Expenditures and Changes in Fund Balance - Governmental Funds
Year Ended June 30, 2016
Other 2301 - Public Governmental General Fund 2110 - Road Safety Funds Revenues Intergovernmental sources $ 2,170,062 $ 174,400 3,898,925 Charges for goods and services 666,599 7,232,399 2,611,367 Licenses and permits 6,270 3,146 33,050 193,417 Taxes 6,678,793 2,162,315 5,698,426 8,343,511 Investment income 9,266 5,956 7,559 107,599 Fines and forfeitures 348,019 23,898 Other revenue 121,489 183,381 59,799 917,976 Total revenues 10,000,498 2,529,198 $ 13,031,233 16,096,693
Expenditures Current Public works 1,425,323 724,714 General government 9,061,909 2,275,865 Public safety 11,709,126 2,323,353 Public health 4,979,675 Culture and recreation 510,145 Environmental management 13,267 Debt service Principal 253,397 735,908 Interest 9,400 15,071 Capital outlay 55,039 2,670,196 27,925 1,168,157 Total expenditures 9,379,745 4,095,519 11,737,051 12,746,155 Revenues over (under) expenditures 620,753 (1,566,321) 1,294,182 3,350,538
Other financing sources (uses) Transfers in 628,641 1,960,153 255,143 3,223,500 Transfers out (2,261,751) (48,400) (163,752) (4,866,353) Sale of capital assets 276 48,548 Total other financing sources (uses) (1,633,110) 1,911,753 91,667 (1,594,305)
Net change in fund balances (1,012,357) 345,432 1,385,849 1,756,233
Fund balances, beginning of year 3,626,640 382,225 2,581,003 7,371,716
Fund balances, end of year $ 2,614,283 $ 727,657 $ 3,966,852 $ 9,127,949
See Accompanying Notes to the Financial Statements. 29 Total Governmental Funds
$ 6,243,387 10,510,365 235,883 22,883,045 130,380 371,917 1,282,645 41,657,622
2,150,037 11,337,774 14,032,479 4,979,675 510,145 13,267
989,305 24,471 3,921,317 37,958,470 3,699,152
6,067,437 (7,340,256) 48,824 (1,223,995)
2,475,157
13,961,584
$ 16,436,741
30
CASCADE COUNTY
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balance of Governmental Funds to the Statement of Activities
Year Ended June 30, 2016
Net change in fund balances - governmental funds $ 2,475,157 Amounts reported for governmental activities in the statement of activities are different because: Capital additions are reported in governmental funds as expenditures. However, in the statement of activities, the cost of those assets is allocated over their estimated useful lives as depreciation expense. In the current period, these amounts are:
Capital Outlay 3,921,317 Depreciation expense (2,687,149) Additions acquired from donations 4,110 Additions acquired from trade ins 294,500 1,532,778 In the statement of activities, the loss or gain on the sale or disposal of capital assets is recognized. The fund financial statements recognize only the proceeds from the sale of these assets: Gain (cash received) on disposal as reported in governmental funds (48,824) Loss on capital asset disposal under accrual basis of accounting (87,250) Repayment of debt principal is an expenditure in the governmental funds, but the repayment reduces long-term liabilities in the statement of net position. In the current year, these amounts consist of bond repayment and intercap loan repayment. 989,305 Governmental funds report taxes that are measurable but not yet available at year end as deferred tax revenue. However, in the Statement of Activities this is considered earned tax revenue. (644,565) Internal service funds are used by management to charge the costs of certain activities to the individual funds. The net revenue or loss of internal service funds applicable to governmental activities is reported with governmental activities. (625,940) Compensated absences are expended as used in the governmental funds. However, they are expensed as earned on the statement of activities. In the current year, the amount earned was more than the amount used. (157,488) In the statement of activities, the cost of other post-employment benefits (OPEB) is measured by the increase in net OPEB obligation during the year, while in the governmental funds, expenditures are recognized based on the amounts actually paid for the OPEB costs. This is the amount of the increase in the OPEB obligation in excess of the amount paid in the current year. (66,167) Governmental funds do not record on-behalf payments related to pensions as revenue, or pension expenses related to increases in the net pension liability. This is because the County doesn't actually receive the revenue, or use current financial resources for the pension expense. However, in the statement of activities both on-behalf revenue and pension expense are recorded. 538,818 Governmental funds report the effect of premiums and discounts when the debt is first issued, whereas these items are deferred and amortized over the term of the debt in the statement of activities. Current year amortization of bond premium: 16,498 Change in net position of governmental activities $ 3,922,322
See Accompanying Notes to the Financial Statements. 31 CASCADE COUNTY
Statement of Net Position - Proprietary Funds
June 30, 2016
5750 - 5100 - Nonmajor Montana Community Proprietary ExpoPark Health Clinic Funds Total Assets Current assets Cash and investments $ 81,280 $ 245,449 $ 437,506 $ 764,235 Accounts receivable, net 15,385 798,791 605 814,781 Taxes/assessments receivable, net 267,029 267,029 Prepaid expenses 242 242 Inventory 12,993 12,993 Advances to other funds Total current assets 109,900 1,044,240 705,140 1,859,280 Noncurrent assets Capital assets not being depreciated 502,511 47,379 549,890 Capital assets, net 6,437,276 8,090 54,717 6,500,083 Total noncurrent assets 6,939,787 8,090 102,096 7,049,973 Total assets 7,049,687 1,052,330 807,236 8,909,253 Deferred outflows of resources Deferred outflow related to pensions 23,881 135,620 0 159,501 Total deferred outflows of resources 23,881 135,620 0 159,501
Liabilities Current liabilities Accounts payable 37,038 8,545 94,962 140,545 Accrued Payroll 14,796 74,648 89,444 Deposits 235,699 162 235,861 Due to other funds 854,745 742,075 1,596,820 Advances from other funds 966,643 966,643 Total current liabilities 2,108,921 825,430 94,962 3,029,313 Noncurrent liabilities Notes payable Compensated absences 50,520 189,589 240,109 Net pension liability 329,575 1,894,861 2,224,436 Total noncurrent liabilities 380,095 2,084,450 0 2,464,545 Total liabilities 2,489,016 2,909,880 94,962 5,493,858 Deferred inflows of resources Deferred inflows related to pensions 45,762 208,179 0 253,941 Total deferred inflows of resources 45,762 208,179 0 253,941 Net position Net investment in capital assets 6,939,787 8,090 102,096 7,049,973 Unrestricted (2,400,997) (1,938,199) 610,178 (3,729,018) Total net position $ 4,538,790 $ (1,930,109) $ 712,274 $ 3,320,955
See Accompanying Notes to the Financial Statements. 32 CASCADE COUNTY
Statement of Net Position - Proprietary Funds
June 30, 2016
Internal Service Funds (6000-6999)
$ 264,079 694
14,777 1,276,924 1,556,474
1,915,498 1,915,498 3,471,972
37,134 37,134
26,028 30,317
2,285,305
2,341,650
503,988 75,968 515,990 1,095,946 3,437,596
63,337 63,337
1,411,510 (1,403,337) $ 8,173
See Accompanying Notes to the Financial Statements. 33 CASCADE COUNTY
Statement of Revenues, Expenses and Changes in Net Position- Proprietary Funds
Year Ended June 30, 2016
5750 - 5100 - Nonmajor Montana Community Proprietary ExpoPark Health Clinic Funds Totals Operating revenues Internal services $ $ $ $ Charges for goods and services 2,315,478 1,878,900 53,758 4,248,136 Intergovernmental revenue 1,442,090 1,442,090 On-behalf payments related to pensions 7,113 50,816 57,929 Miscellaneous revenues 369,253 65,315 1,279,829 1,714,397 Total operating revenues 2,691,844 3,437,121 1,333,587 7,462,552 Operating expenses Assessments 15,290 3,181 18,471 Operating expenses 342,143 105,453 649,651 1,097,247 Payroll 919,244 2,315,453 3,234,697 Repairs and maintenance 154,529 11,750 22,470 188,749 Travel and training 25,778 44,939 70,717 Office supplies 19,997 213,163 2,667 235,827 Utilities and telephone 276,607 28,897 329,135 634,639 Dues and subscriptions 11,104 20,230 31,334 Insurance 136,489 12,500 178 149,167 Rent 38,664 10,376 14,077 63,117 Awards and indemnities 51,012 51,012 Professional fees 1,048,945 118,218 77,083 1,244,246 Bank charges 28,694 11,302 39,996 Postage 2,792 15,121 5,365 23,278 Advertising 99,426 99,426 Depreciation 535,530 15,296 8,578 559,404 Total operating expenses 3,706,244 2,925,879 1,109,204 7,741,327 Operating income (loss) (1,014,400) 511,242 224,383 (278,775) Non-operating revenues (expenses) Interest revenue 612 940 1,552 Interest (expense) (5,191) (5,191) Gain (loss) on sale of assets Total non-operating revenues (expenses) (5,191) 612 940 (3,639) Income (loss) before contributions & transfers (1,019,591) 511,854 225,323 (282,414) Transfers in 1,255,161 1,255,161 Transfers (out) (65,000) (65,000) Change in net position 170,570 511,854 225,323 907,747 Total net position, beginning of year 4,368,220 (2,441,963) 486,951 2,413,208 Total net position, end of year $ 4,538,790 $ (1,930,109) $ 712,274 $ 3,320,955
See Accompanying Notes to the Financial Statements. 34 CASCADE COUNTY
Statement of Revenues, Expenses and Changes in Net Position- Proprietary Funds
Year Ended June 30, 2016
Internal Service Funds (6000-6999)
$ 4,291,044
12,638 10,240 4,313,922
52,365 690,715 105,783 24,790 598 178,451
3,419,348
3,993
605,973 5,082,016 (768,094)
7,222 (8,627) 60,901 59,496 (708,598) 82,658
(625,940) 634,113 $ 8,173
See Accompanying Notes to the Financial Statements. 35 CASCADE COUNTY
Statement of Cash Flows- Proprietary Funds
Year Ended June 30, 2016
5750 - 5100 - Nonmajor Montana Community Proprietary ExpoPark Health Clinic Funds Totals Cash flows from operating activities Cash received from services provided $ 2,700,699 $ 3,016,433 $ 54,225 $ 5,771,357 Cash received from assessments 1,181,792 1,181,792 Cash paid to employees (958,057) (2,358,527) (3,316,584) Cash paid to suppliers (2,263,909) (605,130) (1,112,454) (3,981,493) Net cash provided (used) by operating activities (521,267) 52,776 123,563 (344,928) Cash flows from investing activities Interest received 612 940 1,552 Net cash provided by investing activities 0 612 940 1,552
Cash flows from non-capital financing activities Cash (paid) received from other funds (250,147) (51,106) (301,253) Operating transfers 1,190,161 1,190,161 Net cash provided (used) for non-capital financing activities 940,014 (51,106) 0 888,908 Cash flows from capital and related financing activities Proceeds from sale of property and equipment Acquisition of capital assets (352,578) (352,578) Cash paid on interfund loan (131,998) (131,998) Interest paid on interfund loan (5,191) (5,191) Principal payments on long-term debt Interest payments on long-term debt Net cash (used) by capital and related financing activities (489,767) 0 0 (489,767) Net increase (decrease) in cash and cash equivalents (71,020) 2,282 124,503 55,765 Cash and cash equivalents, beginning of year 152,300 243,167 313,003 708,470 Cash and cash equivalents, end of year $ 81,280 $ 245,449 $ 437,506 $ 764,235
See Accompanying Notes to the Financial Statements. 36 CASCADE COUNTY
Statement of Cash Flows- Proprietary Funds
Year Ended June 30, 2016
Internal Service Funds (6000-6999)
$ 4,320,563
(679,257) (3,799,679)
(158,373)
7,222 7,222
514,707 251,564
766,271
30,331 (435,857)
(248,756) (8,627)
(662,909)
(47,789) 311,868 $ 264,079
See Accompanying Notes to the Financial Statements. 37 CASCADE COUNTY
Statement of Cash Flows Proprietary Funds - Continued
Year Ended June 30, 2016
5750 - 5100 - Nonmajor Montana Community Proprietary ExpoPark Health Clinic Funds Totals Reconciliation of operating income (loss) to net cash provided (used) by operating activities Operating income (loss) $ (1,014,400) $ 511,242 $ 224,383 $ (278,775) Adjustments to reconcile operating income (loss) to net cash provided by operating activities Depreciation 535,530 15,296 8,578 559,404 Changes in working capital components (Increase) in accounts receivable 14,853 (369,874) (355,021) (Increase) decrease in assessment receivable (98,037) (98,037) Decrease in other receivable 467 467 (Increase) decrease in prepaids 242 242 (Increase) decrease in inventory 1,115 1,115 (Increase) decrease in deferred outflows (526) (3,758) (4,284) Increase (decrease) in accounts payable (20,998) (9,599) (11,828) (42,425) Increase (decrease) in accrued liabilities (8,314) (8,314) Increase (decrease) in wages payable (8,147) 11,979 3,832 Increase (decrease) in deposits 16,631 (397) 16,234 Increase (decrease) in compensated absences (26,488) (25,208) (51,696) (Decrease) in pension liability 22,751 162,524 185,275 (Decrease) in deferred inflows (33,516) (239,429) (272,945) Net cash provided (used) by operating activities $ (521,267) $ 52,776 $ 123,563 $ (344,928)
Schedule of noncash capital and related financing activities Capital asset acquired from trade ins
See Accompanying Notes to the Financial Statements. 38 CASCADE COUNTY
Statement of Cash Flows Proprietary Funds - Continued
Year Ended June 30, 2016
Internal Service Funds (6000-6999)
$ (768,094)
605,973
27,027
(7,748) (935) (13,891) (6,285) 10,034
14,672 40,417 (59,543)
$ (158,373)
$ 33,800
See Accompanying Notes to the Financial Statements. 39 CASCADE COUNTY
Statement of Fiduciary Net Position
June 30, 2016
Private Purpose Trust Investment Funds (7010- Agency Funds Trust Fund 7099) (7100-7999) Assets Cash and investments $ 6,845,570 $ 410,313 $ 7,307,396 Restricted cash 8,672 Accounts receivable 3,497 Taxes/Assessments receivable 2,815,744 Holdings in external investment pool 6,845,570 Other receivables 387,741 Total assets $ 6,845,570 $ 410,313 $ 17,368,620 Liabilities Accrued expenses 104 Accounts payable 144,043 Due to other governments 2,409 16,904,530 Due to other funds 320,047 Total liabilities 0 2,513 $ 17,368,620 Net position Held in trust for participants 6,845,570 407,800 Total net position $ 6,845,570 $ 407,800
See Accompanying Notes to the Financial Statements. 40 CASCADE COUNTY
Statement of Changes in Fiduciary Net Position
Year Ended June 30, 2016
Private Purpose Trust Investment Funds (7010- Trust Fund 7099) Additions Contributions to pooled investments $ 12,194,050 $ Court fines 1,423,365 Reinvested interest 33,775 Miscellaneous 550,366 Total additions 12,227,825 1,973,731
Deductions Distributions from pooled investments 14,792,171 Other purchased services 73,304 Reparations and inmate withdrawals 1,864,664 Total deductions 14,792,171 1,937,968
Change in net position held in trust (2,564,346) 35,763
Net position, beginning of year 9,406,916 372,037
Net position, end of year $ 6,842,570 $ 407,800
See Accompanying Notes to the Financial Statements. 41 Notes to the Financial Statements CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 1 - Summary of Significant Accounting Policies The basic financial statements of Cascade County are prepared in accordance with accounting principles generally accepted in the United States of America (GAAP), applicable to government units. The Governmental Accounting Standards Board (GASB) is the standard-setting body for governmental accounting and financial reporting.
A. Reporting Entity The County of Cascade, Montana is a political subdivision of the State of Montana governed by a three member Board of Commissioners duly elected by the registered voters of the County. The County utilizes the Commission form of government. The accompanying financial statements present the primary government. The County has no component unit entities for which the government is considered to be financially accountable.
B. Government-Wide and Fund Financial Statements The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. The statement of activities demonstrates the degree to which the direct expenses of a given function or segment are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function. Program revenues include: 1) charges to customers who purchase, use, or directly benefit from goods, services, or privileges provided by a given function and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function. Taxes and other items not properly included among program revenues are reported instead as general revenues. Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary funds, even though the latter are excluded from the government-wide statements. Major individual governmental funds and major individual enterprise funds are reported in separate columns in the fund financial statements.
C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation The government-wide proprietary, and fiduciary fund financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenues in the year for which they are levied and a protest of the tax is cleared or an amount can be readily determined from an outside source. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.
43 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 1 - Summary of Significant Accounting Policies - Continued C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation - Continued Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences and claims and judgments, are recorded only when payment is due.
Property taxes, licenses and interest associated with the current fiscal period are all considered to be susceptible to accrual and so have been recognized as revenues of the current period. Only the portion of special assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period. All other revenue items are considered to be measurable and available only when cash is received by the government. Deferred revenue offsets taxes and assessments receivable remaining uncollected at year-end since they are not available to pay liabilities of the current period.
The County reports the following major governmental funds: General Fund - This is the government's primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. Road Fund - This fund is used for operation of the County’s Road Department. The main revenue source for this fund is taxes. Public Safety – This fund is used for operation of the Sheriff’s Department and Adult Detention Center. The main revenue sources for this fund are taxes and the rental of jail beds to the State and Federal government. The County reports the following major proprietary funds: Montana ExpoPark Enterprise Fund – This fund is used to account for the operation at the fairgrounds. The fund is maintained on the full accrual basis of accounting. Community Health Clinic - This fund is used to account for the operation of the Community Health Care Center (Health Clinic). Additionally, the County reports the following fund types: Internal Service Fund - These funds account for services provided by the government to its various departments or agencies or to other governments, on a cost recovery basis. The County utilized four internal service funds. One is for gasoline, this charges gas at cost plus a seven cent administrative fee. One is for the cost of the County Printer. Another is Fleet Maintenance, which tracks the costs of the fleet maintenance department. The final fund is for the County’s self-insured health plan. The County’s finance officer recommends the premium rate and benefits yearly for the Board of Commissioners’ approval.
44 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 1 - Summary of Significant Accounting Policies - Continued C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation - Continued Private Purpose Trust Funds – These funds are used to account for resources legally held in trust for use by another government, individual, or organization as identified by the donor or mandated by State Statutes. The use of these funds may be restricted to only the interest earned on the investment of the principal or the entire amount may be used in accordance with the terms of the donor. All of the County’s trust funds are mandated by the State Statutes for the following: Sheriff Prisoner Fund, to secure prisoner’s funds when processed and then returned when released; Inmate Welfare, for money earned while serving time and utilized in the commissary at the adult detention center; Justice Court, utilized to receive and disburse restitution payments; Clerk of Court Restitution, utilized to receive and disburse restitution payments; County Attorney Restitution, utilized to receive and disburse restitution payments; Emergency Aid, which consists of anonymous donations that can be used to help the indigent; and Clerk and Recorder’s trust, utilized to hold money on foreclosures or estates that belong to the family, the money is released by court order to them. Investment Trust Fund – Other governmental units may direct the County, in a purely custodial capacity, to invest excess funds. The investment trust fund accounts for these monies invested by other governmental units within the County. Agency Funds – The County acts as the tax collecting agency for the State and other governmental units located within the County, in a purely custodial capacity. These funds are utilized to account for collections and disbursements to the State and other governmental units. As a general rule the effect of inter-fund activity has been eliminated from the government-wide financial statements. Exceptions to this general rule are payments-in-lieu of taxes and other charges between the governments’ enterprise functions and various other functions of the government. Elimination of these charges would distort the direct costs and program revenues reported for the various functions.
Amounts reported as program revenues include: 1) charges to customers for goods, services, or privileges provided, 2) operating grants and contributions, and 3) capital grants and contributions. Intergovernmental revenues are normally program revenues. The County receives payments-in- lieu of taxes and an Entitlement Revenue from other Governmental units that are considered as general revenue since they come with no restrictions of us. Internally dedicated resources are reported as general revenues rather than as program revenues. Likewise, general revenues include all taxes.
Proprietary funds distinguish operating revenues and expenses from non-operating items. Operating revenues and expenses generally result from providing services and delivering goods in connection with a proprietary fund’s principal ongoing operations. The principal operating revenues of the enterprise funds and the government’s internal service funds are charges to customers for services provided. Operating expenses for enterprise funds and internal service funds include the cost of providing such services and the depreciation of capital assets. All revenues and expenses not meeting this definition are reported as non-operating revenues and expenses.
45 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 1 - Summary of Significant Accounting Policies - Continued D. Assets, Liabilities, and Net Position or Equity 1. Deposits and Investments The County’s cash and cash equivalents are considered to be cash on hand and demand and time deposits and short-term investments with original maturity dates of three months or less from the date of acquisition. In addition, the investment with the State of Montana's Short-Term Investment Pool (STIP) is deemed to be cash equivalents since it is sufficiently liquid as to permit withdrawal of cash at any time without prior notice or penalty.
State statutes authorize the County to invest in direct obligations of the U.S. Government, such as U.S. Treasury bills and notes and U.S. Government securities as defined by law, repurchase agreements and the State Short-Term Investment Pool (STIP).
Investments are reported at fair value. The State Short-Term Investment Pool operates in accordance with State laws and regulations and is administered by the State Department of Administration. This pool is not rated.
2. Receivables and Payables Activity between funds that are representative of lending/borrowing arrangements outstanding at fiscal year-end are referred to as either “due to/from other funds’ (i.e., the current portion of inter-fund loans) or “advances to/from other funds” (i.e., the non-current portion of inter-fund loans). Advances between funds are not available for appropriation and are not expendable available financial resources.
Accounts receivables are shown net of allowance for uncollectible accounts ($801,453 and $9,037 for the Community Health Clinic and Expo Park, respectively). In the governmental funds, property tax receivables are offset by deferred revenue accounts since they are not available to pay liabilities of the current period. All property tax levies are set at the time of the adoption of the annual budget. The real estate taxes are payable in two installments, the first due by November 30 and the second by May 31. Personal property taxes are assessed in April or May and are payable within 30 days of the issuance notice.
3. Inventories All inventories are valued at cost using the first-in, first-out method. Inventories are expensed when consumed. Inventories of materials and supplies on hand are maintained for governmental funds.
4. Taxes and Assessments Receivable Property tax levies were set in August in connection with the budget process and are based on taxable values listed as of January 1 for all property located in the County. Taxable values are established by the State Department of Revenue based on market values. A revaluation of all property is required to be completed on a periodic basis. Taxable value is defined by State Statute as a fixed percentage of market value. The County levies assessments for road and street maintenance, lighting, and various rural special improvement districts (RSID).
46 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 1 - Summary of Significant Accounting Policies - Continued D. Assets, Liabilities, and Net Position or Equity - Continued Real property taxes and special assessments are generally billed in October and are payable 50% by November 30 and 50% by May 31. After these dates, taxes and assessments become delinquent and a lien is placed on the property. Personal property is assessed and personal property taxes are billed throughout the year, with a significant portion generally billed in May, June, and July. Personal property taxes are based on levies set the prior August. These taxes become delinquent 30 days after billing.
Taxes and assessments that become delinquent are charged interest at the rate of 5/6 of 1% per month, plus a penalty of 2%. Real property on which taxes and assessments remain delinquent and unpaid may be sold at tax sales. In the case of personal property, the property is to be seized and sold after the taxes become delinquent.
The County is permitted by State Statutes to levy taxes up to certain fixed limits for various purposes. The taxes levied by the County for the year ended June 30, 2016, were within the legal limits. The tax levies were based upon a taxable valuation of $150,765,429.
5. Capital Assets Capital assets, which include property, plant, equipment, and infrastructure assets (e.g., roads and bridges), are reported in the applicable governmental or business-type activities columns in the government-wide financial statements. The County defines capital assets, except for infrastructure, as assets with an initial cost of more than $5,000 and an estimated useful life in excess of 1 year. Roads are capitalized if the cost of improvements is equal to or greater than $50,000 and bridges are capitalized if costs exceed $125,000. Initial capitalization of infrastructure, all roads and bridges, were capitalized regardless of cost or original construction date. Such assets are recorded at historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair market value at the date of donation. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend asset lives are not capitalized.
Property, plant, equipment, and infrastructure assets of the primary government are depreciated using the straight-line method over the following estimated useful lives:
Assets Years Buildings 20-100 Building improvements 10-30 Improvement other than buildings 5-10 Machinery & Equipment 3-10 Amortization 5-10 Paved roads 20 Gravel roads 50 Road improvements & additions 20 Bridges, culverts 50 Other infrastructure assets 50
47 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 1 - Summary of Significant Accounting Policies - Continued 6. Compensated Absences As required by State law, the County allows employees to accumulate earned but unused vacation and sick leave benefits. Unused vacation leave benefits are 100 percent payable upon termination and ¼ of unused sick leave benefits are payable upon termination. Such amounts are reported as liabilities in the appropriate governmental or business-type activity in the government-wide statements. Expenditures for unpaid vacation and sick leave benefits are recorded when paid in the governmental funds on the modified accrual basis of accounting and expenses for vacation and sick leave benefits are recorded when accrued in the proprietary funds on the full accrual basis of accounting. The governmental funds utilized to liquidate these obligations are the General Fund and Special Revenue Funds. Vacation leave Employees earn vacation leave at the rate of 15 days per year for the first ten years. Between 10 and 20 years, employees earn vacation leave at an increasing rate, reaching 24 days per year after 20 years. The maximum allowable accumulation of vacation leave is twice the maximum number of days earned annually as of the end of the first pay period of the next calendar year. Sick leave Employees earn sick leave at the rate of 12 days per year. There is no limit on the accumulation of sick leave.
7. Long-term Obligations In the government-wide financial statements, and proprietary fund types in the fund financial statements, long term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities, or proprietary fund type statement of net assets. Bond premiums and discounts are deferred and amortized over the life of the bond issue using the straight line method which is materially consistent with the interest method. The current year amortized premium was $16,498. Bonds payable are reported net of the applicable bond premium or discount.
In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuance are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.
48 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 1 - Summary of Significant Accounting Policies - Continued 8. Deferred Outflows/ Inflows of Resources The County reports decreases in net position that relate to future period(s) as deferred outflows of resources in a separate section of its statement of net position. Deferred outflows of resources are related to district's pension plans and consist of difference between expected and actual results, changes in actuarial assumptions, difference between actual and expected contributions and contributions made to the pension plans subsequent to the measurement date. No deferred outflows of resources affect the governmental funds financial statements in the current year.
The County's statements of net position and its governmental fund balance sheet report a separate section for deferred inflows of resources. This separate financial statement element reflects an increase in net position that applies to a future period(s). Deferred inflows of resources are reported in the district's statement of net position for actual pension plan investment earnings in excess of the expected amounts and differences between actual and expected contributions included in determining pension expense. In the governmental funds, the only deferred inflow of resources is for revenue that is considered unavailable. The County will not recognize the related revenues until they are available under the modified accrual basis of accounting accordingly.
9. Net Position In the government-wide and proprietary financial statements, net position accounts are classified in the following categories:
Net Investment in Capital Assets - This amount consists of capital assets net of accumulated depreciation and reduced by outstanding debt attributed to the acquisition, construction, or improvement of the assets.
Restricted - this amount is restricted by external creditors, grantors, contributors, laws or regulations of other governments, enabling legislation, or constitutional provisions.
Unrestricted - this amount is all net position that do not meet the definition of "net investment in capital asset" or "restricted net position."
10. Fund Balance The financial statements have been presented in accordance with the reporting model required by GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions. The intention of the Statement is to provide a more structured classification of fund balance and to improve the usefulness of fund balance reporting to the users of the financial statements. The reporting standard establishes a hierarchy for fund balance classifications and the constraints imposed on the uses of those resources.
GASB Statement No. 54 provides for two major types of fund balances, nonspendable and spendable. Nonspendable fund balances are balances that cannot be spent because they are not expected to be converted to cash, such as inventories, prepaid amounts, and long- term notes receivable, or they are legally or contractually required to remain intact.
49 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 1 - Summary of Significant Accounting Policies - Continued 9. Fund Balance - Continued In addition to the nonspendable fund balance, GASB Statement No. 54 has provided a hierarchy of spendable fund balances, based on spending constraints, as follows:
Restricted - fund balances that are restricted for specific purposes stipulated by external parties, constitutional provisions, or enabling legislation. Restrictions may effectively be changed or lifted only with the consent of resource providers. Committed - fund balances that can only be used for the specific purposes determined by a formal action (ordinance) of the County's highest level of decision-making authority, the Board of County Commissioners. Commitments may be changed or lifted only by the County taking the same formal action that imposed the constraint originally. Assigned - fund balances that are intended to be used by the County for specific purposes that are neither restricted nor committed. Assigned amounts also include all residual amounts in governmental funds (except negative amounts) that are not classified as nonspendable, restricted or committed. Specific amounts that are not restricted or committed in a special revenue, capital projects, debt service, or permanent fund, are assigned for purposes in accordance with the nature of their fund type. Assignment within the General Fund conveys that the intended use of those amounts is for a specific purpose that is narrower than the general purposes of the County itself. Unassigned - fund balance of the general fund that is not constrained for any particular purposes. It is also the residual classification for all negative fund balances. In circumstances when an expenditure is made for a purpose for which amounts are available in multiple fund balance classifications, fund balance is depleted in the order of restricted, committed, assigned, and unassigned. 11. Recent Accounting Pronouncements The County has implemented several new accounting standards for the year ended June 30, 2016. The most significant new standard follows:
GASB Statement No. 72, "Fair Value Measurement and Application" This Statement addresses accounting and financial reporting issues related to fair value measurements. The definition of fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This Statement also provides guidance for applying fair value to certain investments and disclosures related to all fair value measurements. The County has implemented this statement in fiscal year 2016.
50 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 2 - Compliance and Accountability A. Budgetary Information The County adopts an annual budget for all of its applicable funds in accordance with Title 7, Chapter 6, Part 40 of the Montana Code Annotated (MCA). The budget is adopted using the same basis of accounting as the fund financial statements. A non-binding management budget is adopted for the enterprise and internal services funds. Statute requires the adoption of a preliminary budget, public hearings on the preliminary budget and the final adoption of the budget by the later of the second Monday in August or within 45 calendar days of receiving certified taxable values from the Department of Revenue.
State statute limits the making of expenditures or incurring of obligations to the amount of the final budget as adopted or as amended. Budget transfers and amendments are authorized by law, and in some instances, may require further public hearings. Any budget amendments providing for additional appropriations must identify the fund reserves, unanticipated revenue, or previously unbudgeted revenue that will fund the appropriations.
The Board of County Commissioners has the sole authority to approve budget transfers and budget amendments. County officials may not expend in excess of their existing budget authority. The Board of County Commissioners may, if appropriate, transfer existing budget authority within a fund and increase departmental authority. Per MCA 7-6-4005, expenditures made, liabilities incurred, or warrants issued in excess of a department’s total budget appropriation, as originally determined or as later revised, are not a liability of the County, but the official authorizing or incurring the expenditure is liable for it personally and upon their official bond.
Appropriations are created by fund, function, and activity and may further be detailed by department. Expenditure limitations imposed by law extend to the department level, which is identified as the legal level of budgetary control. Department for this purpose is defined as a segment of a fund, such as Commission is a department of the General Fund, which, has several different departments.
B. Excess of Expenditures Over Appropriations No departments overspent their authorized budget.
51 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 3 - Deposits and Investments Cash and cash equivalent deposits may include cash and cash items: demand, time, savings, and fiscal agent deposits; investment in the State Short-Term Investment Pool (STIP); direct obligations of the United States Government and securities issued by agencies of the United States. Governmental Activities, Business-Type Activities, and Fiduciary Funds At June 30, 2016 deposits and investments consist of the following: Cash on hand and petty cash $ 28,419 Cash in banks: Demand deposits 11,207,475 State Short-Term Investment Pool (STIP) 13,916,380 Federal Farm Credit Bank 1,000,000 Total deposits and investments $ 26,152,274
Deposits and investments are reported in the financial statements as follows: Governmental activities $ 10,816,088 Business-type activities 764,235 Investment trust fund 6,845,570 Other fiduciary funds 7,726,381 Total deposits and investments $ 26,152,274
Cash Deposits Custodial Credit Risk Montana statutes require that the County obtain securities for the uninsured portion of the deposits as follows: 1) Securities equal to 50% of such deposits if the institution in which the deposits are made has a net worth to total assets ratio of 6% or more, 2) Securities equal to 100% of the uninsured deposits if the institution in which the deposits are made has a net worth to total assets ratio of less than 6%. The State statutes do not specify in whose custody or name the collateral is to be held. The amount of collateral held for County deposits at June 30, 2016, complied with the amount required by State statutes. Custodial credit risk is the risk that in the event of a bank failure, the County's deposits may not be returned to it. The County does not have a deposit policy for custodial credit risk but follows the requirements of the State of Montana, as detailed above. As of June 30, 2016, the carrying amount of the County's bank deposits was $ 11,207,475 and the respective bank balances totaled $12,341,506. Of the total bank balance, $719,117 was insured through the Federal Depository Insurance Corporation (FDIC). $8,134,212 was collateralized with securities held by the financial institution's custodial agent. These securities are held in the name of the County. The remaining $3,488,177 was uninsured and uncollateralized.
52 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 3 - Deposits and Investments - Continued Investments The County's investments, at June 30, 2016, consist of Montana Short-Term Investment Pool (STIP) totaling $13,916,380 and US Agency Securities - Federal Farm Credit Bank of $1,000,000. STIP is managed by the Montana Board of Investments (Board). The Board was created by the State of Montana legislature to manage the State of Montana's investment funds on a centralized basis. The County voluntarily participates in STIP. The County reports its investment in STIP at the transaction amount of $1.00 per share. This is not materially different from fair value based on the Net Asset Value (NAV) per share which was 1.000207 for the month of June 2016. The investment in Federal Farm Credit Bank is reported at cost which is not materially different than fair value. Custodial Credit Risk Custodial credit risk is the risk that in the event of the failure of the counterparty, the County will not be able to recover the value of its investments or collateral securities that are in possession of an outside party. As of June 30, 2016, the County's investment in Federal Farm Credit Bank is exposed to custodial credit risk. Credit Risk Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations. The County has no formal investment policy relating to credit risk of investments. The County follows the requirements of the State of Montana for local governments. As of June 30, 2016, the County's investment in Federal Farm Credit Bank received a rating of Aaa by Moody's Investor Service and AA+ by Standard & Poor's. The State of Montana STIP has its own formal investment policy that addresses credit risk. The policy specifies that STIP securities have ratings provided by Standard & Poor's, Moody's, or Fitch. Although the STIP investments have been rated by investment security type, STIP, as an external investment pool, has not been rated. Additional information on the State of Montana Short-Term Investment Pool may be obtained by contacting the Montana Board of Investments, Department of Commerce, 2401 Colonial Drive, 3rd floor, P.O. Box 200126, Helena, MT 59620-0126 or by phone (406) 444-0001.
53 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 3 - Deposits and Investments - Continued Interest Rate Risk The County does not have a formal investment policy that limits investment maturities as a means of managing its exposure to fair value losses arising from increasing interest rates. The County's investment in Federal Farm Credit Bank has a maturity date of May 1, 2017. The investment in STIP includes asset-backed and variable interest rate securities. Asset-backed securities represent debt securities collateralized by a pool of mortgage and non-mortgage assets such as trade and loan receivables, equipment leases, credit cards, etc., pledged by the issuer. Asset- backed securities have less credit risk than do securities not backed by pledged assets, while market risk for asset-backed securities is the same as market risk for similar non-asset-backed securities. Variable rate securities pay a variable rate of interest until maturity. While variable rate interest securities have credit risk identical to similar fixed rate securities, their market risk (income) is non- sensitive to interest rate changes. However, their market risk (value/price) may be less volatile than fixed rate securities because their value will usually remain at or near par as a result of their interest rates being periodically reset to maintain a current market yield. There are no legal risks that the County is aware of regarding any STIP investments.
Concentration of Credit Risk Concentration of credit risk is the risk of loss attributed to the magnitude of an investment in a single issuer. The County places no limit on the amount it may invest in any one issuer. The following is a list of the County's concentration of credit risk percentages:
Issuer Organization Percentage STIP 93.3% Federal Farm Credit Bank 6.7%
Fair Value Measurements The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1) and the lowest priority to unobservable inputs (level 3). The three levels of the fair value hierarchy are described as follows: Level 1 - Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access. Level 2 - Inputs to the valuation methodology include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets of liabilities in inactive markets; inputs other than quotes prices that are observable for the asset or liability; inputs that are derived principally from, or corroborated by, observable market data by correlation or other means. If the asset of liability has a specified (contractual) term, the level 2 input must be observable for substantially the full term of the asset or liability. Level 3 - Inputs to the valuation methodology are unobservable and significant to the fair value measurement.
54 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 3 - Deposits and Investments - Continued The asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level or any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. The following table sets for by level, within the fair value hierarchy, the County assets at fair value as of June 30, 2016:
Fair Value Measurements Using Quoted Prices in Active Markets Significant Other Significant for Identical Observable Unobservable Fair Value Assets (Level 1) Inputs (Level 2) Inputs (Level 3) Investments by fair value Debt securities Government sponsored enterprises $ 1,000,000 $ $ 1,000,000 $ Total debt securities 1,000,000 0 1,000,000 0
Total investments by fair value level 1,000,000 $ 0 $ 1,000,000 $ 0 Total investments measured at fair value $ 1,000,000
The valuation method for investments measured at the net asset value (NAV) per share is presented in the table below.
Redemption Frequency Redemption Unfunded (If currently Notice 6/30/2016 Commitments Eligible) Period
Short-Term Investment Pool $13,916,380 N/A Monthly N/A
External Investment Pool The County’s investment pool is in accordance with Montana Code Annotated Section 7-6-201 and the County’s Investment Pool Investment Policy. The responsibility for conducting investment transactions reside with the County Treasurer, with overall policy guidance the responsibility of a committee formed by the County Commissioners. The pool is not registered with the SEC. The fair value of investments is reviewed monthly, with yearly adjustments to the financial statements at fiscal year-end, if necessary. All parties involved share in gains or loss equitably, based on their average daily balances.
The following is the County's statement of net position and changes in net position for its investment pool.
55 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 3 - Deposits and Investments - Continued External Internal Statement of Net Position Participants Participants Combined Assets: Cash and investments $ 6,845,570 $ 8,070,810 $ 14,916,380 Total assets 6,845,570 8,070,810 14,916,380
Net Position: County funds 0 8,070,810 8,070,810 External participants 6,845,570 6,845,570 Total liabilities and net position 6,845,570 8,070,810 14,916,380
Statement of Changes in Net Position Contributions to pooled investments 12,194,050 15,056,128 27,250,178 Interest earned 33,775 32,899 66,674 Distributions from pooled investments (14,792,171) (16,760,177) (31,552,348) Increase/(decrease) in net position (2,564,346) (1,671,150) (4,235,496)
Net position, beginning of year 9,409,916 9,741,960 19,151,876
Net position, end of year $ 6,845,570 $ 8,070,810 $ 14,916,380
Note 4 - Loan Receivable The County has a CDBG (Community Development Block Grant) revolving loan fund. These funds are available to be loaned to businesses and special governmental entities that reside outside of the City of Great Falls. The County has currently one loan outstanding; which is current on repayment. Since the County is fully collateralized on the loans no allowance for doubtful accounts has been established. The outstanding balance on this loan is $183,093.
Note 5 - Due to/Due From Other Funds and Transfers Due from other funds and due to other funds consists of the following:
Receivable Fund Payable Fund Amount General Fund Nonmajor Governmental Funds $ 561,573 General Fund Montana ExpoPark 854,745 General Fund Health Clinic 742,075 General Fund Internal Service Funds 9,233 General Fund Agency Funds 320,047 Public Safety Internal Service Funds 2,276,072 These amounts were to eliminate the negative cash balances in the funds. These amounts are repaid at the beginning of the next fiscal year.
56 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 5 - Due to/Due From Other Funds and Transfers - Continued The County made interfund loans from the Self Insurance Fund to the General Fund and ExpoPark for the purpose of the County's Energy Efficiency Project and to replace the bleachers in the arena at ExpoPark. These interfund loans are shown as advances to other funds of $1,276,924 in the Self Insurance Fund and advances from other funds of $310,281 and $966,643 in the General and ExpoPark funds, respectively. The advances are not scheduled to be fully repaid within a year.
Interfund transfers are as follows:
Transfers in:
Non-major Montana Internal Transfer out: General Fund Public Safety Road Governmental ExpoPark Service funds Total General Fund $ $ $ 31,897 $ 2,179,854 $ 50,000 $ $ 2,261,751 Public Safety 163,752 163,752 Road 48,400 48,400 Nonmajor 628,641 255,143 1,863,256 831,494 1,205,161 82,658 4,866,353 Governmental Montana 65,000 65,000 ExpoPark $ 628,641 $ 255,143 $ 1,960,153 $ 3,223,500 $ 1,255,161 $ 82,658 $ 7,405,256
The County is allowed to levy a tax (Permissive Medical Levy) for the increased costs of health insurance in governmental funds. This money is transferred to other funds based on number of employees on the health insurance plan at the beginning of the fiscal year. $954,144 of the transfers out of nonmajor governmental funds were for this purpose. $1,171,169 was transferred to the ExpoPark for fair support. Other transfers are are for the support of programs through the County, capital projects, and to cover shortfalls.
57 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 6 - Capital Assets Capital assets activity for the year ended June 30, 2016, is summarized as follows:
Balance Balance 7/1/2015 Additions Deletions Adjustments Transfers 6/30/2016 Governmental activities Capital assets not being depreciated Land $ 2,164,809 $ $ $ 1,896,336 $ $ 4,061,145 Land easements 3,198,284 3,198,284 Construction in progress 0 65,372 65,372 Total capital assets not being depreciated 5,363,093 65,372 0 1,896,336 0 7,324,801
Capital assets being depreciated Buildings 30,713,258 246,796 101,580 31,061,634 Machinery and equipment 9,691,626 1,238,412 (651,343) 18,072 10,296,767 Improvements 241,232 7,025 248,257 Infrastructure 30,953,262 2,662,321 33,615,583 Total capital assets being depreciated 71,599,378 4,154,554 (651,343) 101,580 18,072 75,222,241
Less accumulated depreciation Buildings (8,564,828) (693,268) (101,580) (9,359,676) Machinery and equipment (5,138,957) (1,300,150) 515,268 (18,072) (5,941,911) Improvements (175,370) (9,031) (184,401) Infrastructure (19,353,271) (684,700) (20,037,971) Total accumulated depreciation (33,232,426) (2,687,149) 515,268 (101,580) (18,072) (35,523,959)
Total capital assets being depreciated, net 38,366,952 1,467,405 (136,075) 0 0 39,698,282
Governmental activities capital assets, net $ 43,730,045 $ 1,532,777 $ (136,075) $ 1,896,336 $ 0 $ 47,023,083
58 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 6 - Capital Assets - Continued
Balance Balance 7/1/2015 Additions Deletions Adjustments Transfers 6/30/2016 Business-type activities Capital assets not being depreciated Land $ 549,890 $ $ $ $ $ 549,890 Total capital assets not being depreciated 549,890 0 0 0 0 549,890
Capital assets being depreciated Buildings 10,705,338 261,572 (36,092) 10,930,818 Machinery and equipment 1,970,074 70,049 (18,072) 2,022,051 Improvements 4,435,112 20,958 4,456,070 Total capital assets being depreciated 17,110,524 352,579 (36,092) 0 (18,072) 17,408,939
Less accumulated depreciation Buildings (6,063,303) (303,683) 36,092 (6,330,894) Machinery and equipment (949,764) (186,591) 18,072 (1,118,283) Improvements (3,390,550) (69,129) (3,459,679) Total accumulated depreciation (10,403,617) (559,403) 36,092 0 18,072 (10,908,856)
Total capital assets being depreciated, net 6,706,907 (206,824) 0 0 0 6,500,083
Business-type activities capital assets, net $ 7,256,797 $ (206,824) $ 0 $ 0 $ 0 $ 7,049,973
Balance Balance 7/1/2015 Additions Deletions Adjustments Transfers 6/30/2016 Internal Service Funds Capital assets being depreciated Machinery and equipment $ 4,755,181 $ 469,657 $ (320,274) $ $ $ 4,904,564 Less accumulated depreciation Machinery and equipment (2,700,136) (605,973) 317,043 (2,989,066) Total capital assets being depreciated, net 2,055,045 (136,316) (3,231) 0 0 1,915,498
Internal service funds capital assets, net $ 2,055,045 $ (136,316) $ (3,231) $ 0 $ 0 $ 1,915,498
59 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 6 - Capital Assets - Continued
Depreciation expense for governmental activities shown in the financial statements does not agree to the above additions to accumulated depreciation in governmental activities because adequate records were not available to determine those amounts. Depreciation expense was charged to the functions in the Statement of Activities as follows: Governmental Activities General government $ 411,776 Public works 1,674,995 Public health 40,415 Public safety 528,400 Social and economic services 28,290 Unallocated 3,273 General government (internal service funds) 605,973 Total governmental activities depreciation expense $ 3,293,122
Note 7 - Long-Term Liabilities Changes in long-term liabilities for the year ended June 30, 2016, were as follows: Amounts Balance Balance Due Within 7/1/2015 Additions Reductions 6/30/2016 One Year Governmental General obligation bonds $ 700,000 $ $ (700,000) $ 0 $ Intercap loans 781,714 (289,305) 492,409 145,561 Intercap (internal service funds) 752,744 (248,756) 503,988 251,248 Other post-employment benefits 858,634 66,167 924,801 Compensated absences (internal service funds) 61,296 49,099 (34,427) 75,968 7,597 Compensated absences 2,307,612 1,618,039 (1,460,551) 2,465,100 246,510 Governmental long-term liabilities $ 5,462,000 $1,733,305 $(2,733,039) $ 4,462,266 $ 650,916
Business-type Compensated absences $ 291,804 $ 169,197 $ (220,893) $ 240,108 $ 24,011 Business-type long term liabilities $ 291,804 $ 169,197 $ (220,893) $ 240,108 $ 24,011
Total governmental and business-type activities $ 5,753,804 $1,902,502 $(2,953,932) $ 4,702,374 $ 674,927
60 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 7 - Long-Term Liabilities - Continued
Long term debt of the County includes the following as of June 30, 2016: Intercap Loans: Bob Marshall RID - State of Montana Intercap Loan Program Rural Improvement District loan with a final maturity date February 15, 2024. The original amount of the loan was $100,931 with interest at a variable interest rate between 4.25% and 1.00%. The interest rate was 1.00% as of June 30, 2016. The loan is secured by special assessment tax revenues. $ 61,627 Complete Public Works Facility, Remodel Campus - State of Montana Intercap Loan Program loan with a final maturity date February 15, 2019. The original amount of the loan was $852,306 with interest at a variable interest rate between 3.25% and 1.00%. The interest rate was 1.00% at June 30, 2016. 292,110 Public Works Facility, Remodel Campus - State of Montana Intercap Loan Program loan with a final maturity date February 15, 2019. The original amount of the loan was $397,694 with interest at a variable interest rate between 3.25% and 1.00%. The interest rate was 1.00% at June 30, 2016. 138,671 County Fleet Vehicles Purchase - State of Montana Intercap Loan Program loan with a final maturity date February 15, 2018. The original amount of the loan was $259,386 with interest at a variable interest rate. The interest rate was 1.00% at June 30, 2016. The loan is secured by vehicles. 130,840 County Fleet Vehicles Purchase - State of Montana Intercap Loan Program loan with a final maturity date February 15, 2018. The original amount of the loan was $740,614 with interest at a variable interest rate. The interest rate was 1.00% at June 30, 2016. The loan is secured by vehicles. 373,149 Total long-term debt 996,397 Less current maturities 396,809 $ 599,588 Total long-term debt, net of current maturities The annual maturity of all long-term debt (bonds and intercap loans) of the County, as of June 30, 2016 is as follows: Governmental Activities Principal Interest 2017 $ 396,809 $ 11,211 2018 404,101 6,225 2019 154,585 1,952 2020 7,510 488 2021 7,832 393 2022 - 2026 25,560 961 $ 996,397 $ 21,230 Conduit Debt The County has issued conduit debt for Loenbro, Inc. The aggregate outstanding amount is $4,224,123 at June 30, 2016. In substance, the County has no obligation for the repayment of this debt.
61 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 8 - Fund Equity Governmental funds fund balance can be classified into five categories. The categories are nonspendable, restricted, committed, assigned and unassigned.
Nonspendable: Inventory $ 379,263 Total nonspendable $ 379,263 Spendable: Restricted for: General government $ 1,749,760 Public safety 56,986 Public works 414,203 Health services 963,867 Debt service 413,188 Total restricted $ 3,598,004 Committed for: General government $ 1,474,806 Public safety 1,559,022 Public works 789,349 Health services 98,217 Culture and recreation 61,790 Environmental management 11,785 Debt service 50,728 Total committed $ 4,045,697 Assigned for: General government $ 73,435 Public safety 3,524,900 Public works 3,173,716 Health services 266,124 Culture and recreation 110,198 Environmental management 83,184 Debt service 133,137 Total assigned $ 7,364,694
Unassigned: $ 1,049,083
Restricted net position in the government wide statement of net position is $4,162,631 which includes the restricted fund balance of $3,598,002 from above, and $564,629 of restricted net position from taxes receivable which recognized as revenue in the government wide statements but is included in deferred revenue in the governmental funds.
62 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9 - Retirement Plans Substantially all County employees participate in one of the following cost-sharing, multiple-employer retirement benefit plans.
Plan Description - PERS-Defined Benefit Retirement Plan The PERS-Defined Benefit Retirement Plan (DBRP), administered by the Montana Public Employee Retirement Administration (MPERA), is a multiple-employer, cost-sharing plan established July 1, 1945, and governed by Title 19, chapters 2 & 3, MCA. This plan provides retirement benefits to covered employees of the State, and local governments, and certain employees of the Montana University System, and school districts. All new members are initially members of the PERS-DBRP and have a 12-month window during which they may choose to remain in the PERS-DBRP or join the PERS-DCRP by filing an irrevocable election. Members may not be participants of both the defined benefit and defined contribution retirement plans. All new members from the universities also have a third option to join the university system’s Montana University System Retirement Program (MUS-RP). The PERS-DBRP provides retirement, disability, and death benefits to plan members and their beneficiaries. Benefits are established by state law and can only be amended by the Legislature.
Summary of Benefits Eligibility for benefit Service retirement: Hired prior to July 1, 2011: Age 60, 5 years of membership service; Age 65, regardless of membership service; or Any age, 30 years of membership service.
Hired on or after July 1, 2011: Age 65, 5 years of membership service; Age 70, regardless of membership service. Early Retirement Early retirement, actuarially reduced: Hired prior to July 1, 2011: Age 50, 5 years of membership service; or Any age, 25 years of membership service.
Hired on or after July 1, 2011: Age 55, 5 years of membership service.
Vesting 5 years of membership service.
Member’s highest average compensation (HAC) Hired prior to July 1, 2011 - highest average compensation during any consecutive 36 months; Hired on or after July 1, 2011 – highest average compensation during any consecutive 60 months;
Compensation Cap Hired on or after July 1, 2013 – 110% annual cap on compensation considered as part of a member’s highest average compensation.
63 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued
Monthly benefit formula 1) Members hired prior to July 1, 2011: i) Less than 25 years of membership service: 1.785% of HAC per year of service credit; ii) 25 years of membership service or more: 2% of HAC per year of service credit.
2) Members hired on or after July 1, 2011: i) Less than 10 years of membership service: 1.5% of HAC per year of service credit; ii) 10 years or more, but less than 30 years of membership service: 1.785% of HAC per year of service credit; iii) 30 years or more of membership service: 2% of HAC per year of service credit.
Guaranteed Annual Benefit Adjustment (GABA) After the member has completed 12 full months of retirement, the member’s benefit increases by the applicable percentage (provided below) each January, inclusive of other adjustments to the member’s benefit. 3% for members hired prior to July 1, 2007 1.5% for members hired between July 1, 2007 and June 30, 2013 Members hired on or after July 1, 2013: (a) 1.5% for each year PERS is funded at or above 90%; (b) 1.5% is reduced by 0.1% for each 2% PERS is funded below 90%; and (c) 0% whenever the amortization period for PERS is 40 years or more.
64 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Overview of Contributions Rates are specified by state law for periodic member and employer contributions and are a percentage of the member’s compensation. Contributions are deducted from each member’s salary and remitted by participating employers. The State legislature has the authority to establish and amend contribution rates to the plan. Member and employer contribution rates are shown in the table below.
1. Member contributions to the system of 7.9% are temporary and will be decreased to 6.9% on January 1 following actuary valuation results that show the amortization period has dropped below 25 years and would remain below 25 years following the reduction of both the additional employer and additional member contribution rates. 2. Employer contributions to the system: (a) Effective July 1, 2014, following the 2013 Legislative Session, PERS-employer contributions increase an additional 0.1% a year and will continue over 10 years through 2024. The additional employer contributions including the 0.27% added in 2007 and 2009, will terminate on January 1 following an actuary valuation that shows the amortization period of the PERS-DBRP has dropped below 25 years and remains below the 25 years following the reduction of both the additional employer and member contributions rates. (b) Effective July 1, 2013, employers are required to make contributions on working retirees’ compensation. Member contributions for working retirees are not required. (c) The portion of employer contributions allocated to the PCR are included in the employers reporting. The PCR was paid off effective March 2016 and the contributions previously directed to the PCR are now directed to member accounts. 3. Non Employer Contributions: (a) Special Funding i) The State contributes 0.1% of members’ compensation on behalf of local government entities. ii) The State contributes 0.37% of members’ compensation on behalf of school district entities. b. Not Special Funding i) The State contributes a portion of Coal Severance Tax income and earnings from the Coal Trust Permanent Trust fund. State & Fiscal Year Member Universities Local Government School Districts Hired >7/01/11 Hired >7/01/11 Employer Employer State Employer State 2016 7.9% 7.9% 8.370% 8.270% 0.10% 8.00% 0.370% 2015 7.9% 7.9% 8.270% 8.170% 0.10% 7.90% 0.370% 2014 7.9% 7.9% 8.170% 8.070% 0.10% 7.80% 0.370% 2012-2013 6.9% 7.9% 7.170% 7.070% 0.10% 6.80% 0.370% 2010-2011 6.9% 7.170% 7.070% 0.10% 6.80% 0.370% 2008-2009 6.9% 7.035% 6.935% 0.10% 6.80% 0.235% 2000-2007 6.9% 6.900% 6.800% 0.10% 6.80% 0.100%
65 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Stand-Alone Statements The PERS financial information is reported in the Public Employees’ Retirement Board’s Comprehensive Annual Financial Report for the fiscal year ended. It is available from the PERB at 100 North Park, PO Box 200131, Helena MT 59620-0131, (406) 444-3154.
CAFR information including our stand alone financial statements can be found on their web site at http://mpera.mt.gov/annualReports.shtml
The latest actuarial valuation and experience study can be found at their website at http://mpera.mt.gov/actuarialValuations.shtml
Actuarial Assumptions The Total Pension Liability (TPL) used to calculate the Net Pension Liability (NPL) was determined by an actuarial valuation as of June 30, 2015. There were several significant assumptions and other inputs used to measure the TPL. The actuarial assumptions used in the June 30, 2015 valuation were based on the results of the last actuarial experience study, dated June 2010 for the six year period July 1, 2003 to June 30, 2009. Among those assumptions were the following: Investment Return (net of admin expense) 7.75% Admin Expense as % of Payroll 0.27% General Wage Growth* 4% *includes Inflation at 3% Merit Increases 0% to 6% Postretirement Benefit Increases
Guaranteed Annual Benefit Adjustment (GABA) After the member has completed 12 full months of retirement, the member’s benefit increases by the applicable percentage (provided below) each January, inclusive of other adjustments to the member’s benefit. 3% for members hired prior to July 1, 2007 1.5% for members hired between July 1, 2007 and June 30, 2013 Members hired on or after July 1, 2013: (a) 1.5% for each year PERS is funded at or above 90%; (b) 1.5% is reduced by 0.1% for each 2% PERS is funded below 90%; and (c) 0% whenever the amortization period for PERS is 40 years or more. Mortality assumptions among contributing members, terminated vested members, service retired members and beneficiaries based on RP 2000 Combined Employee and Annuitant Mortality Tables projected to 2015 with scale AA. Mortality assumptions among Disabled Retirees are based on RP 2000 Combined Employee and Annuitant Mortality Tables with no projections. No future mortality improvement is assumed.
66 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Discount Rate The discount rate used to measure the TPL was 7.75%. The projection of cash flows used to determine the discount rate assumed that contributions from participating plan members, employers, and non-employer contributing entities will be made based on the Board’s funding policy, which establishes the contractually required rates under Montana Code Annotated. The State contributes 0.1% of salaries for local governments and 0.37% for school districts. In addition, the State contributes coal severance tax and interest money from the general fund. The interest is contributed monthly and the severance tax is contributed quarterly. Based on those assumptions, the System’s fiduciary net position was projected to be adequate to make all the projected future benefit payments of current plan members through the year 2123. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the TPL. A municipal bond rate was not incorporated in the discount rate.
Target Allocations The long-term expected return on pension plan assets is reviewed as part of the regular experience study prepared for the System. The most recent analysis, performed for the period of fiscal years 2003 through 2009, is outlined in a report dated June 2010 and is located on the MPERA website. Several factors are considered in evaluating the long-term rate of return assumption. These factors include rates of return adopted by similar public sector systems, as well as the utilization of a building block method in which best-estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed by an investment consultant for each major asset class. These ranges were combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and then adding expected inflation. The assumption is intended to be a long term assumption and is not expected to change absent a significant change in the asset allocation, a change in the inflation assumption, or a fundamental change in the market that alters expected returns in future years. Summarized in the table below are best estimates of the arithmetic real rates of return for each major asset class included in the System’s target asset allocation as of June 30, 2015. Target Asset Long-Term Expected Asset Class Allocation Real Rate of Return Cash Equivalents 2.00% -0.25% Domestic Equity 36.00% 4.55% Foreign Equity 18.00% 6.10% Fixed Income 24.00% 1.25% Private Equity 12.00% 8.00% Real Estate 8.00% 4.25%
Sensitivity Analysis 1.0% Decrease Current Discount 1.0% Increase As of report date (6.75%) Rate (8.75%) Employer's Net Pension Liability $ 23,679,765 $ 15,358,683 $ 8,331,721
The above table represents the NPL calculated using the discount rate of 7.75% as well as what the NPL would be if it were calculated using a discount rate that is 1.00% lower or 1.00% higher than the current rate.
67 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Summary of Significant Accounting Policies The Montana Public Employee Retirement Administration (MPERA) prepares its financial statements using the accrual basis of accounting. For the purposes of measuring the NPL; deferred inflows of resources and deferred outflows of resources related to pensions; Pension Expense; information about the fiduciary net position; and, additions to/deductions from fiduciary net position have been determined on the same accrual basis as they are reported by MPERA. For this purpose, member contributions are recognized in the period in which contributions are due. Employer contributions are recognized when due and the employer has made a formal commitment to provide the contributions. Revenues are recognized in the accounting period they are earned and become measurable. Benefit payments and refunds are recognized in the accounting period when due and payable in accordance with the benefit terms. Expenses are recognized in the period incurred. Investments are reported at fair value. MPERA adheres to all applicable Governmental Accounting Standards Board (GASB) statements.
Net Pension Liability In accordance with GASB Statement 68, Accounting and Financial Reporting for Pensions, employers and the non-employer contributing entity are required to recognize and report certain amounts associated with their participation in the Public Employees’ Retirement System (PERS). Statement 68, which became effective June 30, 2015, includes requirements for employers to record and report their proportionate share of the collective Net Pension Liability (NPL), Pension Expense, and Deferred Inflows and Deferred Outflows of resources associated with pensions.
PERS has a special funding situation in which the State of Montana is legally responsible for making contributions directly to PERS on behalf of the employers. Due to the existence of this special funding situation, the State is required to report a proportionate share of a local government or school district’s collective NPL that is associated with the non-State employer.
The State of Montana also has a funding situation that is not Special Funding whereby the State General Fund provides contributions from the Coal Tax Severance fund. All employers are required to report the portion of Coal Tax Severance income and earnings attributable to the employer.
The Total Pension Liability (TPL) used to calculate the NPL was determined by an actuarial valuation as of June 30, 2014, with update procedures to roll forward the TPL to the measurement date of June 30, 2015. For most employers, their June 30, 2016 reporting will use the 2016 reporting values presented in these notes. Percent of Percent of Change in Net Pension Net Pension Collective Collective Percent of Liability as of Liability as of NPL NPL Collective 6/30/2016 6/30/2015 6/30/2016 6/30/2015 NPL Employer Proportionate Share $ 15,358,683 $ 14,142,334 1.098719% 1.135009% -.036290% State of Montana Proportionate Share associated with Employer $ 188,655 $ 172,699 .013496% .013860% -.000364% Total $ 15,547,338 $ 14,315,033 1.112215% 1.148869% -.036654%
68 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued The table above displays the employer proportionate share of the NPL and the employer’s proportion of NPL for June 30, 2015 and 2016. The employer’s proportion of the NPL was based on the employer’s contributions received by PERS during the measurement period July 1, 2014, through June 30, 2015, relative to the total employer contributions received from all PERS’ participating employers.
As of June 30, 2016, the employer recorded a liability of $15,358,683 and the employer's proportionate share was 1.098719 percent.
Changes in actuarial assumptions and methods: There were no changes in assumptions or other inputs that affected the measurement of the Total Pension Liability.
Changes in benefit terms: There have been no changes in benefit terms since the previous measurement date.
Changes in proportionate share: Between the measurement date of the collective NPL and the employer’s reporting date there were some changes in proportion that may have an effect on the employer’s proportionate share of the collective NPL.
Pension Expense Pension Expense As of reporting date as of 6/30/2016 Employer's Proportionate Share of $844,442 PERS State of Montana Proportionate $11,723 Share associated with the Employer Total $856,165
At June 30, 2016, the employer recognized its proportionate share of the PERS' Pension Expense of $856,165. The employer also recognized grant revenue of $11,723 for the support provided by the State of Montana for its proportionate share of the Pension Expense that is associated with the employer, and grant revenue of $368,592 from the Coal Tax Fund.
69 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Recognition of Deferred Inflows and Outflows At June 30, 2016, the employer reported its proportionate share of PERS’ deferred outflows of resources and deferred inflows of resources related to PERS from the following sources: Deferred Outflows of Deferred Inflows Resources of Resources Actual vs. expected experience $ $ 92,921 Changes in assumptions $ $ Actual vs. expected investment earnings $ $ 1,300,276 Changes in proportion share and differences between employer contributions and proportionate share of contributions $ $ 469,041 Employer contributions subsequent to the measurement date - # FY 2016 Contributions $ 1,106,229 $ Total $ 1,106,229 $ 1,862,238
Amounts reported as deferred outflows of resources related to pensions resulting from the employer’s contributions subsequent to the measurement date will be recognized as a reduction of the Net Pension Liability beginning in the year ended June 30, 2017.
Other amounts reported as deferred outflows and inflows of resources related to pensions will be recognized in Pension Expense as follows: Amount of deferred outflows and deferred For the Reporting inflows recognized in future years as an Year ended June 30: increase or (decrease) to Pension Expense 2017 $ (736,438) 2018 $ (736,438) 2019 $ (727,539) 2020 $ 338,177 Thereafter $
Plan Description - Teachers’ Retirement System Teachers’ Retirement System (TRS or the System) is a mandatory-participation multiple-employer cost-sharing defined-benefit public pension plan that provides retirement services to individuals employed as teachers, administrators, and in other professional and skilled positions employed in public education in Montana. The TRS Board is the governing body of the System and the TRS staff administers the system in conformity with the laws set forth in Title 19, chapter 20 of the Montana Code Annotated, and administrative rules set forth in Title 2, chapter 44 of the Administrative Rules of Montana. Additional information pertaining to membership, benefit structure, and prior years' actuarial valuations, as well as links to applicable statutes and administrative rules, may be obtained by visiting the TRS web site at trs.mt.gov.
70 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Summary of Benefits Through June 30, 2013, all members enrolled in TRS participated in a single-tiered plan ("Tier One"). Employees with a minimum of 25 years of service or who have reached age 60 with 5 years of service are eligible to receive an annual retirement benefit equal to creditable service years divided by 60 times the average final compensation. Final compensation is the average of the highest three consecutive years of earned compensation. Benefits fully vest after 5 years of creditable service. Vested employees may retire at or after age 50 and receive reduced retirement benefits. Beginning July 1, 2013, new members in TRS participate in a second benefit tier ("Tier Two"), which differs from Tier One as follows: Tier Two uses a 5-year average final compensation (as opposed to 3-year AFC in Tier One) Tier Two provides for unreduced service retirement benefits at age 60 with 5 years of creditable service or at age 55 with at least 30 years of creditable service (rather than at age 60 with 5 years of service or at any age with creditable service in 25 years in Tier One) Tier Two provides for early retirement benefits with 5 years of creditable service at age 55 (rather than age 50 in Tier One) Tier Two has a one percent higher normal employee contribution rate (though a temporary 1% supplemental employee contribution rate is also now currently in place for Tier One members), and Tier Two provides for an enhanced benefit calculation - 1.85% x AFC x years of creditable service - for members retiring with at least 30 years of creditable service and at least 60 years of age (rather than 1.6667 x AFC x years of creditable service) A guaranteed annual benefit adjustment (GABA) is payable on January 1st of each calendar year for each retiree who has received at least 36 monthly retirement benefit payments prior to that date. The GABA is applicable to both Tier One and Tier Two members. The GABA for Tier One members is 1.5% of the benefit payable as of January 1st. For Tier Two members the GABA each year may vary from 0.5% to 1.5% based on the retirement system’s funding status and the period required to amortize any unfunded accrued actuarial liability as determined in the prior actuarial valuation.
Overview of Contributions The System receives a portion of the total required statutory contributions directly from the State for all employers. The employers are considered to be in a special funding situation as defined by GASB 68 and the State is treated as a non-employer contributing entity in TRS. The System receives 2.49% of reportable compensation from the State’s general fund for School Districts and Other Employers. The System also receives 0.11% of reportable compensation from the State’s general fund for all TRS Employers including State Agency and University System Employers. Finally, the State is also required to contribute $25 million in perpetuity payable July 1st of each year.
71 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued
The tables below show the legislated contribution rates for TRS members, employers and the State.
State and University Employers Total Employee & Members Employers General fund Employer Prior to July 1, 2007 7.15% 7.47% 0.11% 14.73% July 1, 2007 to June 30, 2009 7.15% 9.47% 0.11% 16.73% July 1, 2009 to June 30, 2013 7.15% 9.85% 0.11% 17.11% July 1, 2013 to June 30, 2014 8.15% 10.85% 0.11% 19.11% July 1, 2014 to June 30, 2015 8.15% 10.95% 0.11% 19.21% July 1, 2015 to June 30, 2016 8.15% 11.05% 0.11% 19.31% July 1, 2016 to June 30, 2017 8.15% 11.15% 0.11% 19.41% July 1, 2017 to June 30, 2018 8.15% 11.25% 0.11% 19.51% July 1, 2018 to June 30, 2019 8.15% 11.35% 0.11% 19.61% July 1, 2019 to June 30, 2020 8.15% 11.45% 0.11% 19.71% July 1, 2020 to June 30, 2021 8.15% 11.55% 0.11% 19.81% July 1, 2021 to June 30, 2022 8.15% 11.65% 0.11% 19.91% July 1, 2022 to June 30, 2023 8.15% 11.75% 0.11% 20.01% July 1, 2023 to June 30, 2024 8.15% 11.85% 0.11% 20.11%
TRS Stand-Alone Statements TRS’ stand-alone financial statements, actuarial valuations and experience studies can be found online at https://trs.mt.gov/TrsInfo/NewsAnnualReports.
Actuarial Assumptions The Total Pension Liability as of June 30, 2015, is based on the results of an actuarial valuation date of July 1, 2015. There were several significant assumptions and other inputs used to measure the total pension liability. The actuarial assumptions used in the July 1, 2015 valuation were based on the results of the last actuarial experience study, dated May 1, 2014. Among those assumptions were the following: Total Wage Increases* 4%-8.51% for Non-University Members and 5.00% for University Members Investment Return 7.75% Price Inflation 3.25% Postretirement Benefit Increases Tier One Members: If the retiree has received benefits for at least 3 years, the retirement allowance will be increased by 1.5% on January 1st. Tier Two Members, the retirement allowance will be increased by an amount equal to or greater than 0.5% but no more than 1.5% if the most recent actuarial valuation shows the System to be at least 90% funded and the provisions of the increase is not projected to cause the funded ratio to be less than 85%.
72 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Mortality among contributing members, service retired members, and beneficiaries For Males: 1992 Base Rates from the RP 2000 Healthy Annuitant Mortality Table for ages 50 and above and 1992 Base Rates from the RP 2000 Combined Healthy Annuitant Mortality Table for ages below 50, set back four years, with mortality improvements projected by Scale BB to 2018. For Females: 1992 Base Rates from the RP 2000 Healthy Annuitant Mortality Table for ages 50 and above and 1992 Base Rates from the RP 2000 Combined Healthy Annuitant Mortality Table for ages below 50, set back two years, with mortality improvements projected by Scale BB to 2018 Mortality among disabled members For Males: RP 2000 Disabled Mortality Table for Males, set forward one year, with mortality improvements projected by Scale BB to 2018. For Females: RP 2000 Disabled Mortality Table for Females, set forward five years, with mortality improvements projected by Scale BB to 2018. *Total Wage Increases include 4.00% general wage increase assumption
Discount Rate The discount rate used to measure the total pension liability was 7.75%. The projection of cash flows used to determine the discount rate assumed that contributions from participating plan members, employers, and non-employer contributing entities will be made based on the Board’s funding policy, which establishes the contractually required rates under Montana Code Annotated. In addition to the contributions the State general fund will contribute $25 million annually to the System payable July 1st of each year. Based on those assumptions, the System’s fiduciary net position was projected to be adequate to make all the projected future benefit payments of current plan members through the year 2119. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. No municipal bond rate was incorporated in the discount rate.
Target Allocations Long-Term Expected Target Asset Real Rate of Return Portfolio Real Rate Asset Class Allocation Arithmetic Basis of Return* Broad US Equity 36.00% 4.80% 1.73% Broad International Equity 18.00% 6.05% 1.09% Private Equity 12.00% 8.50% 1.02% Intermediate Bonds 23.40% 1.50% 0.35% Core Real Estate 4.00% 4.50% 0.18% High Yield Bonds 2.60% 3.25% 0.08% Non-Core Real Estate 4.00% 7.50% 0.30% 100.00% 4.75% Inflation 3.25% Expected arithmetic nominal return 8.00% *The long-term expected nominal rate of return above of 8.00% differs from the total TRS long-term rate of return assumption of 7.75%. The assumed rate is comprised of a 3.25% inflation rate and a real 73 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued long-term expected rate of return of 4.50%.
The assumed long-term expected return on pension plan assets is reviewed as part of the regular experience studies prepared for the System. The most recent analysis, performed for the period covering fiscal years 2008 through 2013, is outlined in a report dated May 1, 2014. Several factors are considered in evaluating the long-term rate of return assumption including long term historical data, estimates inherent in current market data, and a log-normal distribution analysis in which best-estimate ranges of expected future real rates of return (expected return, net of investment expense and inflation) were developed by the investment consultant for each major asset class. These ranges were combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and then adding expected inflation. The capital market assumptions developed by the investment consultant are intended for use over a 10-year horizon and may not be useful in setting the long-term rate of return for funding pension plans which covers a longer timeframe. The assumption is intended to be a long term assumption and is not expected to change absent a significant change in the asset allocation, a change in the inflation assumption, or a fundamental change in the market that alters expected returns in future years. Best estimates of arithmetic real rates of return for each major asset class included in the System's target asset allocation as of June 30, 2015, is summarized in the above table.
Sensitivity Analysis 1.0% Decrease Current Discount 1.0% Increase (6.75%) Rate (8.75%) The Employer's proportion of Net Pension Liability $ 69,444 $ 50,544 $ 34,642
In accordance with GASB 68 regarding the disclosure of the sensitivity of the net pension liability to changes in the discount rate, the above table presents the net pension liability calculated using the discount rate of 7.75%, as well as what the net pension liability would be if it were calculated using a discount rate that is 1.00% lower (6.75%) or 1.00% higher (8.75%) than the current rate.
Summary of Significant Accounting Policies The Teachers' Retirement System prepares its financial statements using the accrual basis of accounting. For the purposes of measuring the Net Pension Liability, deferred inflows of resources and deferred outflows of resources related to pensions, pension expense, information about the fiduciary net position of the Teachers' Retirement System (TRS) and additions to/deductions from TRS's fiduciary net position have been determined on the same accrual basis as they are reported by TRS. For this purpose, plan contributions are recognized as of employer payroll paid dates and benefit payments and refunds are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. TRS adheres to all applicable Governmental Accounting Standards Board (GASB) statements.
TRS’ stand-alone financial statements, actuarial valuations and experience studies can be found online at https://trs.mt.gov/TrsInfo/NewsAnnualReports.
74 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Net Pension Liability In accordance with GASB Statement 68, Accounting and Financial Reporting for Pensions, employers are required to recognize and report certain amounts associated with their participation in the Montana Teachers' Retirement System (TRS or the System). Statement 68 became effective June 30, 2015 and includes requirements to record and report their proportionate share of the collective Net Pension Liability. In accordance with Statement 68, the System has a special funding situation in which the State of Montana is legally responsible for making contributions directly to TRS that are used to provide pension benefits to the retired members of TRS. Due to the existence of a special funding situation, employers are also required to report the portion of the State of Montana's proportionate share of the collective Net Pension Liability that is associated with the employer. The following table displays the amounts and the percentages of Net Pension Liability for the fiscal years ended June 30, 2016 and June 30, 2015 (reporting dates).
Percent of Percent of Net Pension Net Pension Collective NPL Collective NPL Change in Liability as of Liability as of as of as of Percent of 6/30/2016 6/30/2015 6/30/2016 6/30/2015 Collective NPL Employer Proportionate Share $ 50,544 $ 42,903 .0031% .0028% .0003% State of Montana Proportionate Share associated with Employer $ 41,277 $ 32,041 .0025% .0021% .0004% Total $ 91,821 $ 74,944 .0056% .0049% .0007%
At June 30, 2016, the employer recorded a liability of $50,544 for its proportionate share of the Net Pension Liability. The net pension liability was measured as of June 30, 2015, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of July 1, 2015. The employer’s proportion of the net pension liability was based on the employer’s contributions received by TRS during the measurement period July 1, 2014, through June 30, 2015, relative to the total employer contributions received from all of TRS’ participating employers. At June 30, 2016, the employer’s proportion was .0031 percent.
Changes in actuarial assumptions and methods: Since the previous measurement date the following changes were made: Correctly reflect the proportion of members that are assumed to take a refund of contributions upon termination and appropriately reflect the three year COLA deferral period for Tier 2 Members. The 0.63% load applied to the projected retirement benefits of the university members "to account for larger than average annual compensation increases observed in the years immediately preceding retirement" is not applied to benefits expected to be paid to university members on account of death, disability and termination (prior to retirement eligibility). The actuarial valuation was updated to reflect the assumed rate of retirement for university members at age 60 is 8.50% as stated in the actuarial valuation report. The actuarial valuation was updated to reflect the fact that vested terminations are only covered by the $500 death benefit for the one year following their termination and, once again when the terminated member commences their deferred retirement annuity (they are not covered during the deferral period). Additionally, only the portion of the terminated members that are assumed to "retain membership in the System" are covered by the $500 death benefit after termination.
75 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued
Changes in benefit terms: There have been no changes in benefit terms since the previous measurement date.
Changes in proportionate share: There were no changes between the measurement date of the collective net pension liability and the employer's reporting date that are expected to have a significant effect on the employer's proportionate share of the collective NPL.
Pension Expense Pension Expense as of 6/30/2016 Cascade County Proportionate Share $ 3,807 State of Montana Proportionate Share associated with Employer $ 3,993 Total $ 7,800
At June 30, 2016, the employer recognized a Pension Expense of $7,800 for its proportionate share of the TRS’ pension expense. The employer also recognized grant revenue of $3,993 for the support provided by the State of Montana for its proportionate share of the pension expense that is associated with the employer.
Deferred Inflows and Outflows At June 30, 2016, the employer reported its proportionate share of TRS’ deferred outflows of resources and deferred inflows of resources related to TRS from the following sources: Deferred Outflows of Deferred Inflows Resources of Resources Differences between expected and actual economic experience $ 533 $ 0 Changes in actuarial assumptions $ 715 $ 107 Difference between projected and actual investments earnings $ 0 $ 2,714 Changes in proportion & Differences between actual and expected contributions $ 3,236 $ 576 *Contributions paid to TRS subsequent to the measurement date - FY 2016 Contributions $ (192) $ 0 Total $ 4,292 $ 3,397 * Amounts reported as deferred outflows of resources related to pensions resulting from the employer's contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended June 30,2017.
76 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Other amounts reported as deferred outflows and inflows of resources related to pensions will be recognized in pension expense as follows: Deferred Deferred Amount recognized in Pension Year ended Outflows of Inflows of Expense as an increase or June 30: Resources Resources (decrease) to Pension Expense 2017 $ 1,710 $ 1,462 $ 248 2018 $ 1,710 $ 1,462 $ 248 2019 $ 1,065 $ 1,170 $ (105) 2020 $ 696 $ 0 $ 696 2021 $ 0 $ 0 $ 0 Thereafter $ 0 $ 0 $ 0
Plan Description - Sheriffs' Retirement System (SRS) The Sheriffs’ Retirement System (SRS), administered by the Montana Public Employee Retirement Administration (MPERA), is a multiple-employer, cost-sharing defined benefit plan established July 1, 1974, and governed by Title 19, chapters 2 & 7, MCA. This plan provides retirement benefits to all Department of Justice criminal and gambling investigators hired after July 1, 1993, all detention officers hired after July 1, 2005, and to all Montana sheriffs. Benefits are established by state law and can only be amended by the Legislature. The SRS provides retirement, disability and death benefits to plan members and their beneficiaries.
Summary of Benefits Eligibility for benefit: 20 years of membership service, regardless of age.
Other Retirement Option: Age 50, 5 years of membership service. This benefit is the actuarial equivalent of the service retirement benefit.
Vesting: 5 years of membership service.
Member’s highest average compensation (HAC): Hired prior to July 1, 2011 - highest average compensation during any consecutive 36 months; Hired on or after July 1, 2011 – highest average compensation during any consecutive 60 months.
Compensation Cap: Hired on or after July 1, 2013 – 110% annual cap on compensation considered as a part of a member’s highest average compensation.
Monthly Benefit Formula: 2.5% of HAC per year of service.
Guaranteed Annual Benefit Adjustment (GABA) After the member has completed 12 full months of retirement, the member’s benefit increases by the applicable percentage (provided below) each January, inclusive of all other adjustments to the member’s benefit. 3% for members hired prior to July 1, 2007 1.5% for members hired on or after July 1, 2007 77 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued
Overview of Contributions Rates are specified by state law for periodic member and employer contributions and are a percentage of the member’s compensation. Contributions are deducted from each member’s salary and remitted by participating employers. The State legislature has the authority to establish and amend contribution rates to the plan. Member and employer contribution rates are shown in the table below.
Fiscal Year Members Employers 2010-2016 9.245% 10.115% 2008-2009 9.245% 9.825% 1998-2007 9.245% 9.535%
Stand-Alone Statements The SRS financial information is reported in the Public Employees’ Retirement Board’s Comprehensive Annual Financial Report for the fiscal year ended. It is available from the PERB at 100 North Park, PO Box 200131, Helena MT 59620-0131, 406-444-3154.
CAFR information including our stand alone financial statements can be found on our web site at: http://mpera.mt.gov/annualReports.shtml
The latest actuarial valuation and experience study can be found at our website at: http://mpera.mt.gov/actuarialValuations.shtml
Actuarial Assumptions The TPL used to calculate the NPL was determined by an actuarial valuation as of June 30, 2014, with update procedures to roll forward the TPL to June 30, 2015. The actuarial assumptions used in the June 30, 2015 valuation were based on the results of the last actuarial experience study, dated June 2010 for the six year period July 1, 2003 to June 30, 2009. There were several significant assumptions and other inputs used to measure the TPL. Among those assumptions were the following:
• Investment Return (net of admin expense) 7.75% • Admin Expense as % of Payroll 0.17% • General Wage Growth* 4.00% *includes Inflation at 3.00% • Merit Increases 0% to 7.3% • Postretirement Benefit Increases After the member has completed 12 full months of retirement, the member’s benefit increases by theapplicable percentage each January, inclusive of other adjustments to the member’s benefit. For members hired prior to July 1, 2007 3.00% For members hired on or after July 1, 2007 1.50% • Mortality assumptions among contributing members, terminated vested members, service retired members and beneficiaries are based on RP 2000 Combined Employee and Annuitant Mortality Tables projected to 2015 with scale AA. • Mortality assumptions among Disabled Retirees are based on RP 2000 Combined Employee and Annuitant Mortality Tables with no projections. No future mortality improvement is
78 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued assumed.
Discount Rate The discount rate used to measure the TPL was 6.86%, which is a blend of the assumed long-term expected rate of return of 7.75% on System’s investments and a municipal bond index rate of 3.80%. The projection of cash flows used to determine the discount rate assumed that contributions from participating plan members and employers will be made based on the Board’s funding policy, which establishes the contractually required rates under the Montana Code Annotated. Based on those assumptions, the System’s fiduciary net position was projected to not be adequate to make all the projected future benefit payments of current plan members after 2057. Therefore, the portion of future projected benefit payments after 2057 are discounted at the municipal bond index rate.
Target Asset Real Rate of Return Asset Class Allocation Arithmetic Basis Cash Equivalents 2.00% -0.25% Domestic Equity 36.00% 4.55% Foreign Equity 18.00% 6.10% Fixed Income 24.00% 1.25% Private Equity 12.00% 8.00% Real Estate 8.00% 4.25%
The long-term expected return on pension plan assets is reviewed as part of the regular experience study prepared for the System. The most recent analysis, performed for the period of fiscal years 2003 through 2009, is outlined in a report dated June 2010 and is located on the MPERA website. Several factors are considered in evaluating the long-term rate of return assumption. These factors include rates of return adopted by similar public sector systems, as well as the utilization of a building block method in which best-estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed by an investment consultant for each major asset class. These ranges were combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and then adding expected inflation. The assumption is intended to be a long term Page 5 of 10 2016 SRS GASB 68 Disclosures assumption and is not expected to change absent a significant change in the asset allocation, a change in the inflation assumption, or a fundamental change in the market that alters expected returns in future years. Summarized in the table above are best estimates of the arithmetic real rates of return for each major asset class included in the System’s target asset allocation as of June 30, 2015.
Sensitivity Analysis
1.0% Decrease Current Discount 1.0% Increase (5.86%) Rate (6.86%) (7.86%) Employer's' Net Pension Liability $ 10,768,928 $ 6,705,714 $ 3,374,862
The above table presents the NPL calculated using the discount rate of 6.86%, as well as what the NPL would be if it were calculated using a discount rate that is 1.00% lower or 1.00% higher than the current rate.
79 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued
Summary of Significant Accounting Policies The Montana Public Employee Retirement Administration (MPERA) prepares its financial statements using the accrual basis of accounting. For the purposes of measuring the Net Pension Liability, deferred inflows of resources and deferred outflows of resources related to pensions, Pension Expense, information about the fiduciary net position and additions to/deductions from fiduciary net position have been determined on the same accrual basis as they are reported by MPERA. For this purpose, member contributions are recognized in the period in which contributions are due. Employer contributions are recognized when due and the employer has made a formal commitment to provide the contributions. Revenues are recognized in the accounting period they are earned and become measurable. Benefit payments and refunds are recognized in the accounting period when due and payable in accordance with the benefit terms. Expenses are recognized in the period incurred.
Investments are reported at fair value. MPERA adheres to all applicable Governmental Accounting Standards Board (GASB) statements.
Net Pension Liability In accordance with GASB Statement 68, Accounting and Financial Reporting for Pensions, employers are required to recognize and report certain amounts associated with their participation in the Sheriffs’ Retirement System (SRS). Statement 68 became effective June 30, 2015 and includes requirements to record and report their proportionate share of the collective Net Pension Liability, Pension Expense, Deferred Inflows and Deferred Outflows of resources associated with pensions.
Net Pension Net Pension Liability as of Liability as of Percent of 6/30/16 6/30/15 Collective NPL
Employer Proportionate Share $ 6,705,714 $ 2,970,906 6.9562160 %
The Table above displays the employer proportionate share of the NPL and the employer’s proportion of NPL for June 30, 2015 and 2016. The employer’s proportion of the NPL was based on the employer’s contributions received by the SRS during the measurement period July 1, 2014, through June 30, 2015, relative to the total employer contributions received from all of SRS’ participating employers. At June 30, 2016, the employer recorded a liability of $2,970,906 for its proportionate share of the Net Pension Liability and the employer's proportion was 6.956216%.
Changes in actuarial assumptions and methods: There were no changes in demographic assumptions that affected the measurement of the TPL. There was an adjustment in the discount rate during the measurement period.
Changes in benefit terms: There have been no changes in benefit terms since the previous measurement date.
Changes in proportionate share: There were no changes between the measurement date of the collective Net Pension Liability and the employer’s reporting date that are expected to have a significant effect on the employer’s proportionate share of the collective NPL.
Pension Expense
80 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued Pension Expense as of 6/30/2016 Employer Proportionate Share $ 466,060
At June 30, 2016, the employer recognized a pension expense of $466,060 for its proportionate share of the SRS' Pension Expense.
Recognition of Beginning Deferred Outflow – GASB 71 At June 30, 2016, the employer recognized a beginning deferred outflow of resources for the employers FY 2014 contributions of $477,529.
Deferred Inflows and Outflows At June 30, 2016, the employer recognized a beginning deferred outflow of resources for the employers FY2015 contributions of $0.
At June 30, 2016, the employer reported its proportionate share of SRS’ deferred outflows of resources and deferred inflows of resources related to SRS from the following sources: Deferred Outflows of Deferred Inflows Resources of Resources Acutal vs. Expected Experience $ $ 11,304 Changes in Assumptions $ 2,496,020 $ 2,461,620 Acutal vs. Expected Investment Earnings $ $ 459,261 Changes in Proportion Share $ $ 155,740 Employer Contributions subsequent to the measurement date - FY 2016 Contributions $ 514,221 $ Total $ 3,010,241 $ 3,087,925
Amounts reported as deferred outflows of resources related to pensions resulting from the employer’s contributions subsequent to the measurement date will be recognized as a reduction of the Net Pension Liability beginning in the year June 30, 2017.
Other amounts reported as deferred outflows and inflows of resources related to pensions will be recognized in Pension Expense as follows:
Amount of Deferred Outflows and Deferred Inflows Year ended June 30: Recognized in Future Years as an Increase or (Decrease to Pension Expense 2017 $ (221,088) 2018 $ (221,088) 2019 $ (221,088) 2020 $ 97,888 2021 $ (26,528) Thereafter $ 81 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 9- Retirement Plans - Continued
Summary of Pension Amounts Total for Employer - Employer's Proportion of TRS, PERS, and SRS Pension Amounts Combined GASB Statement 68, Paragraph 74 requires that when employees are provided benefits through more than one pension system, whether provided through cost-sharing, single-employer or agent pension plans, the employer must combine the amounts reported as a total or aggregate for all pensions.
The employer's The employer's The employer's proportionate proportionate proportionate The employer's share associated share associated share associated Total Pension with PERS with TRS with SRS Amounts Total Pension Liability $ 15,547,338 $ 164,627 n/a $ 15,711,965 Fiduciary Net Position $ 188,655 $ 114,083 n/a $ 302,738 Net Pension Liability $ 15,358,683 $ 50,544 $ 6,705,714 $ 22,114,941
Deferred Outflows of Resources $ 1,106,229 $ 4,292 $ 3,010,241 $ 4,120,762 Deferred Inflows of Resources $ 1,862,238 $ 3,397 $ 3,087,924 $ 4,953,559
Pension Expense $ 844,443 $ 7,800 $ 466,060 $ 1,318,303
Note 10 - Post Employment Benefits Other Than Pensions Plan Description: Pursuant to the provision of MCA 2-18-704, former employees who retire from the County, and eligible dependents, may continue to participate in the County's health and hospitalization plan for medical and prescription coverage. The County subsidizes the premium rates paid by the retirees by allowing them to participate in the plan at the blended group (implicitly subsidized) premium rates for both active and retired employees. These rates provide an implicit subsidy for retirees because, on an actuarial basis, their current and future claims are expected to result in higher costs to the plan on average than those of active employees. The Plan does not issue separate stand-alone financial reports.
Actuarial methods and assumptions: Following are the actuarial methods and assumptions for the most recent valuation:
(1) Actuarial valuations involve estimates of the value of reported amounts and assumptions about the probability of events far into the future, and that actuarially determined amounts are subject to continual revision as actual results are compared to past expectations and new estimates are made about the future.
(2) Calculations are based on the benefits provided under the terms of the substantive plan in effect at the time of each valuation and on the pattern of sharing of costs between the employer and plan members to that point. The projection of benefits for financial reporting purposes does not explicitly incorporate the potential effects of legal or contractual funding limitations on the pattern of cost sharing between the employer and plan members in the future.
82 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 10 - Post Employment Benefits Other Than Pensions - Continued (3) Actuarial calculations reflect a long-term perspective. Consistent with that perspective, actuarial methods and assumptions used include techniques that are designed to reduce short-term volatility in actuarial accrued liabilities and the actuarial value of assets.
4) The actuarial methods and significant assumption are a) Entry Age Normal Cost method. b) Actuarial value of assets is fair value (none at 6/30/16). c) Discount rate is 4.00% d) Salary scale is 4.00% e) Actual healthcare premiums were used for 2014 and 2015. A rate of 7.5% was used for fiscal year ended 6/30/15 grading to 5.0% for fiscal year ending 6/30/21 and beyond. f) The amortization method used is the level dollar method using a 26 year closed period.
Funding Policy: The County has not advanced-funded or established a funding methodology for the annual Other Post Employment Benefit (OPEB) costs or the net OPEB obligation. The plan is financed on a pay-as -you-go basis.
Annual OPEB Cost and Net OPEB Obligations: The following table shows the County's annual OPEB cost for the year, the amount actually contributed to the plan, and changes in the County's net OPEB Obligation:
Description Amount
Normal Cost (service cost for one year) $ 80,708 Amortization of Unfunded Actuarial Accrued Liability 33,900 114,608
Annual Required Contribution 114,608 Interest on Net OPEB Obligation 33,800 Adjustment to Annual Required Contribution (54,963)
Annual OPEB Cost (Expense) 93,445
Contribution Toward the OPEB Cost (27,278)
Increase in Net OPEB Obligation 66,167 Net OPEB Obligation, Beginning of Year 858,634
Net OPEB Obligation, End of Year $ 924,801
83 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 10 - Post Employment Benefits Other Than Pensions - Continued The District's annual OPEB cost, the percentage of annual OPEB cost contributed to the plan, and the net OPEB obligation for the year ended June 30, 2016 and the preceding two years is:
Percentage Annual of Annual OPEB Fiscal Year Ended OPEB Cost Contribution OPEB Cost Obligation 6/30/2016 $ 93,445 $ (27,278) 29.19 % $ 924,801 6/30/2015 $ 87,755 $ (18,924) 21.56 % $ 858,634 6/30/2014 $ 321,486 $ (90,284) 28.08 % $ 558,601
Funded Status and Funding Progress: The funded status of the plan as of June 30, 2016 was as follows:
Actuarial UAAL as a Actuarial Accrued Unfunded Percentage Actuarial Valuation Value of Liability AAL (UAAL) Funded Covered of Payroll Date Assets (a) (AAL) (b) (b-a) Ratio (a/b) Payroll (c) ((b-a)/c) June 30, 2015 $ 0 $ 529,597 $ 529,597 0.00 % $ 17,504,322 3.03%
Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and assumptions about the probability of occurrence of events far into the future. Examples include assumptions about future employment and termination, mortality, and the healthcare cost trends. Amounts determined regarding the funded status of the plan and the annual required contributions of the employer are subject to continual revision as actual results are compared with past expectations and new estimates are made about the future.
84 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 11 - Risk Management The County faces a considerable number of risks of loss, including: a) damage to and destruction and loss of property and contents; b) professional liability; c) environmental damage; d) workers' compensation (i.e., employee injuries); e) prisoner medical costs; f) medical insurance costs of employees; g) tort actions; and, h) errors and omissions. A variety of methods is used to provide insurance for these risks. Commercial policies (except vehicle fleet coverage) transfers all risk of loss, except for the deductible amounts, are purchased for property and content damage, employee torts, and professional liabilities. Coverage limits and deductibles on the commercial policies are periodically reviewed so that the County is adequately insured. Settled claims resulting from these risks have not exceeded the commercial insurance coverage in any of the past three years. The insurance premiums for comprehensive coverage are accounted for in the comprehensive insurance special revenue fund. Fleet coverage premium is allocated to each specific fund based on usage. The County Workman’s Compensation insurance is through Montana State Fund. Workers’ compensation premiums are allocated to each specific fund based upon personnel. The majority of the County’s coverage was switched to the Montana Association of Counties (MACo) insurance program on July 1, 1995. The County still maintains its boiler coverage, and some professional liability policies, outside of this program, on commercial policies. The program provides the following coverages: property, general liability, auto liability and physical damage, public officials’ errors and omissions, law enforcement liability, and crime. The County maintains sufficient coverage to meet the $1,500,000 liability exposure imposed by State Statute. The County is uninsured as to prisoner medical costs even though state law makes it liable for all medical costs incurred by prisoners while in the County's custody. In the fiscal period ending June 30, 2016, the County incurred $226,746 in prisoner medical costs. The County also contracts with Spectrum Medical Inc. to provide health care and mental health services to both County inmates and State inmates. In the fiscal year ended June 30, 2016, the County expended $752,653 for these services. The County receives a reimbursement for non-county inmates that the County houses. This is not a direct dollar reimbursement, but is built into the per diem rate paid by the State and other renters of the facility. The County has no coverage for potential losses from environmental damages. The County has property located within a medium priority State Superfund site. The County is eligible for State aid, which should be adequate to fund any clean-up. Beginning in 2015, the County has a fully insured health insurance program for the County’s employees in which the County pays a monthly premium for this coverage and has no additional liability related to health insurance. This new program has not significantly reduced health insurance coverages from the previous year.
85 CASCADE COUNTY
Notes to the Financial Statements
Year Ended June 30, 2016
Note 12 - Prior Period Adjustments The County's financial statements as of June 30, 2015, contained the following errors in general capital assets: (1) understatement of land not previously capitalized in the amount of $1,896,336, (2) understatement of equipment not previously capitalized in the amount of $101,580 and (3) understatement of deprecation not previously recognized in the amount of $101,580. The governmental activities net position has been restated by a net increase of these errors in the amount of $1,896,336.
86 CASCADE COUNTY Great Falls, Montana
Schedule of Proportionate Share of the Net Pension Liability and Schedule of Contributions to the Montana Retirement System
Year Ended June 30, 2016
Schedule of Proportionate Share of the Net Pension Liability: 2016 2015 PERS SRS TRS PERS SRS TRS Employer's proportion of the net position liability as a percentage 1.098719 % 6.956216 % 0.0031 % 1.135009 % 7.138681 % 0.0028 % Employer's proportionate share of the net pension liability as an amount $ 15,358,683 $ 6,705,714 $ 50,544 $ 14,142,334 $ 2,970,906 $ 42,903 State of Montana's proportionate share of the net pension liability associated with the Employer $ 188,655 $ $ 41,277 $ 172,699 $ $ 32,041 Total $ 15,547,338 $ 6,705,714 $ 91,821 $ 14,315,033 $ 2,970,906 $ 74,944
Employer's pensionable payroll/covered-employee payroll $ 12,822,270 $ 4,733,393 $ 39,268 $ 12,848,281 $ 4,616,773 $ 35,164 Employer's proportionate share of the net pension liability as a percentage of its pensionable payroll/covered-employee payroll 119.781 % 141.668 % 128.720 % 110.07 % 64.350 % 122.01 % Plan fiduciary net position as a percentage of the total pension liability 78.40 % 75.40 % 69.30 % 79.90 % 87.20 % 70.36 %
Schedule of Contributions: 2016 2015 PERS SRS TRS PERS SRS TRS Contractually required contributions $ 1,106,229 $ 514,223 $ 2,792 $ 1,078,106 $ 480,149 $ 3,365 Contributions in relation to the contractually required contributions $ 1,106,229 $ 514,223 $ 2,792 $ 1,078,106 $ 480,149 $ 3,365 Contribution deficiency (excess) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Employer's pensionable payroll/covered-employee payroll $ 13,027,240 $ 4,961,368 $ 32,205 $ 12,822,270 $ 4,733,393 $ 39,268 Contributions as a percentage of pensionable payroll/covered-employee payroll 8.492 % 10.37 % 8.67 % 8.408 % 10.14 % 8.57 %
87 CASCADE COUNTY Great Falls, Montana
Notes to Schedule of Proportionate Share of the Net Pension Liability and Schedule of Contributions to the Montana Retirement System
Year Ended June 30, 2016
PERS-Defined Benefit Retirement Plan Changes of Benefit Terms The following changes to the plan provisions were made as identified:
2013 Legislative Changes: Working Retirees - House Bill 95 - PERS, SRS, and FURS, effective July I, 2013 • The law requires employer contributions on working retiree compensation. • Member contributions are not required. • Working retiree limitations are not impacted. PERS working retirees may still work up to 960 hours a year, without impacting benefits. Highest Average Compensation (HAC) Cap- House Bill 97, effective July 1, 2013 All PERS members hired on or after July 1, 2013 are subject to a 110% annual cap on compensation considered as part of a member's highest or final average compensation. All bonuses paid to PERS members on or after July 1, 2013 will not be treated as compensation for retirement purposes. House Bill 454- Permanent Injunction Limits Application of the GABA Reduction passed under HB 454 Guaranteed Annual Benefit Adjustment (GABA) - for PERS After the member has completed 12 full months of retirement, the member’s benefit increases by the applicable percentage (provided below) each January, inclusive of other adjustments to the member’s benefit. 3% for members hired prior to July 1, 2007 1.5% for members hired on or after July 1, 2007 and before June 30, 2013 Members hired on or after July 1, 2013: (a) 1.5% for each year PERS is funded at or above 90%; (b) 1.5% is reduced by 0.1% for each 2% PERS is funded below 90%; and (c) 0% whenever the amortization period for PERS is 40 years or more. 2015 Legislative Changes: General Revisions - House Bill 101, effective January 1, 2016 Second Retirement Benefit- for PERS 1. Applies to PERS members who return to active service on or after January 1, 2016. Members who retire before January 1, 2016, return to PERS-covered employment, and accumulate less than 2 years of service credit before retiring again: refund of member's contributions from second employment plus regular interest (currently 0.25%); no service credit for second employment; start same benefit amount the month following termination; and GABA starts again in the January immediately following second retirement.
88 CASCADE COUNTY Great Falls, Montana
Notes to Schedule of Proportionate Share of the Net Pension Liability and Schedule of Contributions to the Montana Retirement System
Year Ended June 30, 2016
2. For members who retire before January 1, 2016, return to PERS-covered employment and accumulate two or more years of service credit before retiring again: member receives a recalculated retirement benefit based on laws in effect at second retirement; and, GABA starts in the January after receiving recalculated benefit for 12 months. 3. For members who retire on or after January 1, 2016, return to PERS-covered employment and accumulate less than 5 years of service credit before retiring again: refund of member's contributions from second employment plus regular interest (currently 0.25%); no service credit for second employment; start same benefit amount the month following termination; and, GABA starts again in the January immediately following second retirement. 4. For members who retire on or after January 1, 2016, return to PERS-covered employment and accumulate five or more years of service credit before retiring again: member receives same retirement benefit as prior to return to service; member receives second retirement benefit for second period of service based on laws in effect at second retirement; and GABA starts on both benefits in January after member receives original and new benefit for 12 months. Revise DC Funding Laws - House Bill 107, effective July 1, 2015 Employer Contributions and the Defined Contribution Plan - for PERS and MUS-RP The PCR was paid off effective March 2016 and the contributions of 2.37%, .47%, and the 1.0% increase previously directed to the PCR are now directed to the Defined Contribution or MUS-RP member's account.
Changes in Actuarial Assumptions and Methods Method and assumptions used in calculations of actuarially determined contributions The following addition to the actuarial assumptions was adopted in 2014 based upon implementation of GASB Statement 68: Admin Expense as % of Payroll 0.27%
The following changes were adopted in 2013 based on the 2013 Economic Experience study: General Wage Growth* 4.00% *Includes inflation at 3.00% Investment rate of return 7.75 percent, net of pension plan investment expense, and including inflation
89 CASCADE COUNTY Great Falls, Montana
Notes to Schedule of Proportionate Share of the Net Pension Liability and Schedule of Contributions to the Montana Retirement System
Year Ended June 30, 2016
The following Actuarial Assumptions are from the June 2010 Experience Study: General Wage Growth* 4.25% *Includes inflation at 3.00% Merit increase 0% to 7.3% Investment rate of return 8.00 percent, net of pension plan investment expense, and including inflation Asset valuation method 4-year smoothed market Actuarial cost method Entry age Amortization method Level percentage of pay, open
TRS - Teachers’ Retirement System Changes of Benefit Terms: The following changes to the plan provision were made as identified: The 2013 Montana Legislature passed HB 377 which provides additional revenue and created a two tier benefit structure. A Tier One Member is a person who first became a member before July 1, 2013 and has not withdrawn their member's account balance. A Tier Two Member is a person who first becomes a member on or after July 1, 2013 or after withdrawing their member's account balance, becomes a member again on or after July 1, 2013.
The GABA for Tier 1 members has also been modified as follows: If the most recent actuarial valuation of the System shows that the funded ratio is less than 90%, then the maximum increase that can be granted is 0.50%. If the funded ratio is at least 90% and the increase is not projected to cause the System's funded ratio to be Jess than 85%, an increase can be granted that is greater than 0.50% but not more than 1.50%.
The second tier benefit structure for members hired on or after July 1, 2013 is summarized below. 1. Final Average Compensation: average of earned compensation paid in five consecutive years of full-time service that yields the highest average 2. Service Retirement: Eligible to receive a service retirement benefit if the member has been credited with at least five full years of creditable service and has attained the age of 60; or has been credited with 30 or more years of full-time or part-time creditable service and has attained age 55 3. Early Retirement: Eligible to receive an early retirement allowance if a member is not eligible for service retirement but has at least five years of creditable service and attained age 55 4. Professional Retirement Option: if the member has been credited with 30 or more years of service and has attained the age of 60 they are eligible for an enhanced allowance equal to 1.85% of average final compensation times all service at retirement. Otherwise, the multiplier used to calculate the retirement allowance will be equal to 1.67% 5. Annual Contribution: 8.15% of member's earned compensation
90 CASCADE COUNTY Great Falls, Montana
Notes to Schedule of Proportionate Share of the Net Pension Liability and Schedule of Contributions to the Montana Retirement System
Year Ended June 30, 2016
6. Supplemental Contribution Rate: On or after July 1, 2023, the TRS Board may require a supplemental contribution up to 0.5% if the following three conditions are met: (a) The average funded ratio of the System based on the last three annual actuarial valuations is equal to or Jess than 80%; and (b) The period necessary to amortize all liabilities of the System based on the latest annual actuarial valuation is greater than 20 years; and (c) A State or employer contribution rate increase or a flat dollar contribution to the Retirement System Trust fund has been enacted that is equivalent to or greater than the supplemental contribution rate imposed by the TRS Board. (7) Disability Retirement: A member will not be eligible for a disability retirement if the member is or will be eligible for a service retirement on the date of termination (8) Guaranteed Annual Benefit Adjustment (GABA): (a) If the most recent actuarial valuation shows that Retirement System liabilities are at least 90% funded and the provision of the increase is not projected to cause the System's liabilities to be less than 85% funded, the GABA may increase from the 0.5% floor up to 1.5%, as set by the Board.
HB 377 increased revenue from the members, employers and the State as follows: Annual State contribution equal to $25 million paid to the System in monthly installments. One-time contribution payable to the Retirement System by the trustees of a school district maintaining a retirement fund. The one-time contribution to the Retirement System shall be the amount earmarked as an operating reserve in excess of20% of the adopted retirement fund budget for the fiscal year 2013. The amount received was $22 million in FY 2014. 1% supplemental employer contribution. This will increase the current employer rates: School Districts contributions will increase from 7.47% to 8.47% The Montana University System and State Agencies will increase from 9.85% to 10.85%. The supplemental employer contribution will increase by 0.1% each fiscal year for fiscal year 2014 thru fiscal year 2024. Fiscal years beginning after June 30, 2024 the total supplemental employer contribution will be equal to 2%. Members hired prior to July I, 2013 (Tier 1) under HB 3 77 are required to contribute a supplemental contribution equal to an additional I% of the member's earned compensation. Each employer is required to contribute 9.85% of total compensation paid to all re-employed TRS retirees employed in a TRS reportable position to the System.
Changes in actuarial assumptions and other inputs: The following changes to the actuarial assumptions were adopted in 2015: Correctly reflect the proportion of members that are assumed to take a refund of contributions upon termination and appropriately reflect the three year COLA deferral period for Tier 2 Members. The 0.63% load applied to the projected retirement benefits of the university members "to account for larger than average annual compensation increases observed in the years immediately preceding retirement" is not applied to benefits expected to be paid to university members on account of death, disability and termination (prior to retirement eligibility. 91 CASCADE COUNTY Great Falls, Montana
Notes to Schedule of Proportionate Share of the Net Pension Liability and Schedule of Contributions to the Montana Retirement System
Year Ended June 30, 2016
The actuarial valuation was updated to reflect the assumed rate of retirement for university members at age 60 is 8.50% as stated in the actuarial valuation report. The actuarial valuation was updated to reflect the fact that vested terminations are only covered by the $500 death benefit for the one year following their termination and, once again when the terminated member commences their deferred retirement annuity (they are not covered during the deferral period). Additionally, only the portion of the terminated members that are assumed to "retain membership in the System" are covered by the $500 death benefit after termination.
The following changes to the actuarial assumptions were adopted in 2014: Assumed rate of inflation was reduced from 3.50% to 3.25% Payroll Growth Assumption was reduced from 4.50% to 4.00% Assumed real wage growth was reduced from 1.00% to 0.75% Investment return assumption was changed from net of investment and administrative expenses to net of investment expenses only. Mortality among contributing members, service retired members, and beneficiaries was updated to the following: For Males: RP 2000 Healthy Annuitant Mortality Table for ages 50 and above and the RP 2000 Combined Healthy Annuitant Mortality Table for ages below 50, set back four years, with mortality improvements projected by Scale BB to 2018. For Females: RP 2000 Healthy Annuitant Mortality Table for ages 50 and above and the RP 2000 Combined Healthy Annuitant Mortality Table for ages below 50, set back two years, with mortality improvements projected by Scale BB to 2018. Mortality among disabled members was updated to the following: For Males: RP 2000 Disabled Mortality Table for Males, set forward one year, with mortality improvements projected by Scale BB to 2018. For Females: RP 2000 Disabled Mortality Table for Females, set forward five years, with mortality improvements projected by Scale BB to 2018.
92 CASCADE COUNTY Great Falls, Montana
Notes to Schedule of Proportionate Share of the Net Pension Liability and Schedule of Contributions to the Montana Retirement System
Year Ended June 30, 2016
Method and assumptions used in calculations of actuarially determined contributions: Actuarial cost method Entry age Amortization method Level percentage of pay, open Remaining amortization period 26 years Asset valuation method 4-year smoothed market Inflation 3.25 percent Salary increase 4.00 to 8.51 percent, including inflation for Non- University Members and 5.00% for University Members; Investment rate of return 7.75 percent, net of pension plan investment expense, and including inflation
SRS- Sheriffs’ Retirement System Changes of Benefit Terms: The following changes to the plan provision were made as identified:
2013 Legislative Changes: Working Retirees - House Bill 95 - PERS, SRS, and FURS, effective July 1, 2013 • Law requires employer contributions on working retiree compensation. • Member contributions are not required. • Working retiree limitations are not impacted. SRS retirees may still work up to 480 hours a year, without returning to active service. Highest Average Compensation (HAC) Cap - House Bill 97, effective July 1, 2013 • All SRS members hired on or after July 1, 2013 are subject to a 110% annual cap on compensation considered as part of a member’s highest or final average compensation. • All bonuses paid to SRS members on or after July 1, 2013 will not be treated as compensation for retirement purposes.
2015 Legislative Changes: None
Changes in Actuarial Assumptions and Methods Method and assumptions used in calculations of actuarially determined contributions
The following change to the actuarial assumptions was adopted in 2015:
SRS Discount rate - 6.86 percent, which is a blend of the assumed Used to measure the TPL long-term expected rate of return of 7.75% onSystem’s investments and a municipal bond index rate of 3.80%.
The following addition to the actuarial assumptions was adopted in 2014 based upon implementation of GASB Statement 68:
Admin Expense as % of Payroll 0.17%
93 CASCADE COUNTY Great Falls, Montana
Notes to Schedule of Proportionate Share of the Net Pension Liability and Schedule of Contributions to the Montana Retirement System
Year Ended June 30, 2016
SRS Discount rate - 7.75 percent, which is the assumed long-term Used to measure the TPL expected rate of return on System’s investments
The following change to the actuarial assumptions was adopted in 2013:
SRS Discount rate - 6.68 percent, which is a blend of the assumed Used to measure the TPL long-term expected rate of return of 7.82% onSystem’s investments and a municipal bondindex rate of 4.27%.
The following changes were adopted in 2013 based on the 2013 Economic Experience study:
General Wage Growth* 4.00% *Includes inflation at 3.00% Investment rate of return 7.75 percent, net of pension plan investment expense, and including inflation
The following Actuarial Assumptions are from the June 2010 Experience Study:
General Wage Growth* 4.25% *Includes inflation at 3.00% Merit increase 0% to 7.3% Investment rate of return 8.00 percent, net of pension plan investment expense, and including inflation Asset valuation method 4-year smoothed market Actuarial cost method Entry age Amortization method Level percentage of pay, open
94 CASCADE COUNTY
Other Post Employment Benefits Schedule of Funding Progress
For the Year Ended June 30, 2016
Actuarial Accrued UAAL as a Actuarial Liability Unfunded Percentage Actuarial Valuation Value of (AAL) Entry AAL (UAAL) Funded Covered of Payroll Date Assets (a) Age (b) (b-a) Ratio (a/b) Payroll (c) ((b-a)/c) 6/30/2015 $ 0 $ 529,597 $ 529,597 0.00 % $17,504,322 3.03 % 6/30/2013 $ 0 $ 1,371,441 $ 1,371,441 0.00 % $13,042,160 10.52 % 7/1/2011 $ 0 $ 2,503,737 $ 2,503,737 0.00 % $15,905,309 15.74 %
95 CASCADE COUNTY
Budgetary Comparison Schedule
Year Ended June 30, 2016
General Fund Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 2,184,517 $ 2,184,517 $ 2,170,062 $ (14,455) Charges for services 536,800 546,800 666,599 119,799 Licenses and permits 13,280 13,280 6,270 (7,010) Tax revenue 6,743,565 6,743,565 6,678,793 (64,772) Fines and forfeitures 338,000 338,000 348,019 10,019 Investment & royalty earnings 5,000 5,000 9,266 4,266 Miscellaneous 192,015 234,015 121,489 (112,526) Total revenues 10,013,177 10,065,177 10,000,498 (64,679) Expenditures General Government 9,779,734 9,752,675 9,061,909 690,766 Debt Service Principal 290,343 290,343 253,397 36,946 Interest 9,401 9,401 9,400 1 Capital Outlay 38,000 75,252 55,039 20,213 Total expenditures 10,117,478 10,127,671 9,379,745 747,926 Revenues over (under) expenditures (104,301) (62,494) 620,753 683,247 Transfers in (out) (1,711,526) (1,692,135) (1,633,108) 59,027 Net change in fund balance (1,815,827) (1,754,629) (1,012,355) 742,274 Fund balances, beginning of year 3,626,640 3,626,640 3,626,640 0 Fund balances, end of year $ 1,810,813 $ 1,872,011 $ 2,614,285 $ 742,274
96 CASCADE COUNTY
Budgetary Comparison Schedule
Year Ended June 30, 2016
Road Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 10,013 $ 110,013 $ 174,400 $ 64,387 Licenses and permits 2,875 2,875 3,146 271 Tax revenue 2,395,838 2,395,838 2,162,315 (233,523) Investment & royalty earnings 5,956 5,956 Miscellaneous 45,471 45,471 183,381 137,910 Total revenues 2,454,197 2,554,197 2,529,198 (24,999) Expenditures Public Works 4,508,816 4,617,416 1,425,323 3,192,093 Capital Outlay 8,000 2,670,196 (2,662,196) Total expenditures 4,508,816 4,625,416 4,095,519 529,897 Revenues over (under) expenditures (2,054,619) (2,071,219) (1,566,321) 504,898 Transfers in (out) 2,051,979 2,068,579 1,911,753 (156,826) Net change in fund balance (2,640) (2,640) 345,432 348,072 Fund balances, beginning of year 382,225 382,225 382,225 0 Fund balances, end of year $ 379,585 $ 379,585 $ 727,657 $ 348,072
97 CASCADE COUNTY
Budgetary Comparison Schedule
Year Ended June 30, 2016
Public Safety Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 5,642,078 $ 5,642,078 $ 7,232,399 $ 1,590,321 Licenses and permits 27,278 27,278 33,050 5,772 Tax revenue 5,697,250 5,697,250 5,698,426 1,176 Investment & royalty earnings 7,559 7,559 Miscellaneous 24,500 24,500 59,799 35,299 Total revenues 11,391,106 11,391,106 13,031,233 1,640,127 Expenditures Public Safety 12,321,662 12,330,752 11,709,126 621,626 Capital Outlay 18,520 28,030 27,925 105 Total expenditures 12,340,182 12,358,782 11,737,051 621,731 Revenues over (under) expenditures (949,076) (967,676) 1,294,182 2,261,858 Transfers in (out) 72,791 91,391 91,391 0 Gain/Loss on Disposal of Asset 276 276 Net change in fund balance (876,285) (876,285) 1,385,849 2,262,134 Fund balances, beginning of year 2,581,003 2,581,003 2,581,003 0 Fund balances, end of year $ 1,704,718 $ 1,704,718 $ 3,966,852 $ 2,262,134
98 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Governmental Funds
June 30, 2016
Total Non- Major Special Debt Service Capital Project Governmental Revenue Funds Funds Funds Funds Assets Current assets Cash and investments $ 6,172,811 $ 615,310 $ 588,463 $ 7,376,584 Contract receivable 1,600,000 1,600,000 Accounts receivable 849,256 24,750 874,006 Loans receivable 183,093 183,093 Taxes/assessments receivable 220,742 28,373 7,050 256,165 Inventory 142,981 142,981
Total assets $ 7,568,883 $ 643,683 $ 2,220,263 $ 10,432,829
Liabilitie, deferred inflows, and fund balance Liabilities Accounts payable $ 224,093 $ $ $ 224,093 Accrued payroll 212,353 212,353 Due to other funds 551,688 9,885 561,573 Total liabilities 988,134 9,885 0 998,019
Deferred inflows Deferred tax revenue 252,982 46,748 7,131 306,861 Total deferred inflows 252,982 46,748 7,131 306,861
Fund balance Nonspendable 142,981 142,981 Restricted 3,184,818 413,186 3,598,004 Committed 801,356 50,728 852,084 Assigned 2,363,031 133,135 2,213,132 4,709,298 Unassigned (164,419) (9,999) (174,418) Total fund balances 6,327,767 587,050 2,213,132 9,127,949
Total liabilities, deferred inflows, and fund balance $ 7,568,883 $ 643,683 $ 2,220,263 $ 10,432,829
99 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Governmental Funds
June 30, 2016
Total Non- Special Major Revenue Debt Service Capital Project Governmental Funds Funds Funds Funds Revenues Intergovernmental sources $ 3,898,925 $ $ $ 3,898,925 Charges for goods and services 2,596,117 15,250 2,611,367 Third party billing 193,417 193,417 Tax revenue 7,794,649 548,303 559 8,343,511 Investment income 7,513 2,643 97,443 107,599 Inkind revenue 23,898 23,898 Other revenue 584,840 8,650 324,486 917,976 Total revenues 15,099,359 559,596 437,738 16,096,693
Expenditures Current Public works 724,774 (60) 724,714 General government 2,258,379 17,486 2,275,865 Public safety 2,323,353 2,323,353 Health services 4,979,675 4,979,675 Culture and recreation 510,145 510,145 Environmental management 13,267 13,267 Debt service Principal 735,908 735,908 Interest 15,071 15,071 Capital outlay 92,920 1,075,237 1,168,157 Total expenditures 10,902,513 768,465 1,075,177 12,746,155 Revenues over (under) expenditures 4,196,846 (208,869) (637,439) 3,350,538
Other financing sources (uses) Transfers in 2,601,233 37,000 585,267 3,223,500 Transfers out (4,233,712) (632,641) (4,866,353) Sale of capital assets 48,548 48,548 Total other financing sources (uses) (1,632,479) 37,000 1,174 (1,594,305)
Net change in fund balances 2,564,367 (171,869) (636,265) 1,756,233
Fund balances, beginning of year 3,763,400 758,919 2,849,397 7,371,716 Fund balances, as restated 3,763,400 758,919 2,849,397 7,371,716
Fund balances, end of year $ 6,327,767 $ 587,050 $ 2,213,132 $ 9,127,949
100 NONMAJOR SPECIAL REVENUE FUNDS
Special revenue funds account for resources and expenditures which are designated by law or contractual agreement for specified functions or activities and are legally required to be accounted for in separate funds. Such resources are derived from specific taxes, federal grants and entitlements.
Road Materials - A rural levy that purchases road materials for road improvements. Bridge - Responsible for constructing, maintaining, and repairing County owned public bridges. Weed Control - Established to finance the Noxious Weed Control Board operations. Predatory Animal Control - Established to pay for the cost of predator control on livestock. State Fair - Established to secure, equip, maintain, and operate a county fair. District Court - Established to pay the Clerk of Court and some District Court costs. Comprehensive Insurance - Established to pay the County's comprehensive and liability insurance. Mosquito Control - Established to finance the Mosquito Control Board operations. Parks - Established to maintain, operate, and equip parks. Library - Established to maintain and operate libraries. Emergency Medical Services - Established to provide rural emergency medical services. Four Seasons Arena - Established to maintain and operate the Four Seasons Arena. Planning Dept - Established to finance the operations of the Planning Board. Health Department - Established to operate the City-County Health Department. Mental Health - Established to finance the operations of the Mental Health Board. Senior Citizens - Established to provide certain sources of Area VIII Agency on Aging. County Extension - Levy to provide support for the needs of the Cascade County Extension Agents. Senior Transportation Ag - Established to provide transportation for senior and disabled citizens. Rural Fire - Established to protect range, farm, and forest resources. Medical Services - Established to provide adult detention infirmary services. Museums - Established to maintain and operate museums. Workmen's Comp - A fund used for making the payments for workman's compensation. Permissive Levy - Established to provide for medical insurance cost increase for County employees. WINDY -To account for contributions for renewable energy sources. Drug Forfeitures - Established to account for all drug seizure assets. Federal Equitable Share - To account for County share of drug forfeiture revenues. CDBG (Community Development Block Grant) - Revolving - Established for community development loans. Records Preservation - Established to preserve County records. Sheriff Co Work Program - Established to monitor the costs and contributions to the work program of jail inmates. #6 Light Maint. District - Established to collect assessment fees and pay utility costs for the light district. #13 Light Maint District - Established to collect assessment fees and pay utility costs for the light district. #17 Light Maint District - Established to collect assessment fees and pay utility costs for the light district. #21 Light Maint District - Established to collect assessment fees and pay utility costs for the light district. #23 Light Maint District - Established to collect assessment fees and pay utility costs for the light district. Gibson Flats 0 & M - Established to collect assessment fees for the payment of operation and maintenance costs for the drainage district. Park Garden 0 & M - Established to account for assessments used to repair Park Garden Paving RID. Gannon Flood Road 0 & M - Established to account for assessments used to repair Gannon/Flood Road RID. Whitetail Lane 0 & M - Established to account for assessments used to repair Whitetail Lane RID.
101 NONMAJOR SPECIAL REVENUE FUNDS - CONTINUED
Alcohol Rehabilitation - Established to account for State funds disbursed to Gateway Recovery Center by the County. Alcohol Traffic Safety - Established to account for State DUI reinstatement fees that are disbursed to the DUI Task Force by the County. Gasoline Tax - Established to account for State funds recouped from the gasoline tax. Motor Vehicle Disposal - Established to pay for junk vehicle removal. Road Dept Clean-up - Established to account for an environmental clean-up at the old Road Department site. Weed Trust Fund - Established to account for state funds granted to the County for weed control services. Sun River Valley Ditch - A grant to assist in controlling noxious weeds in the Sun River Valley Ditch project. Health Dept. State Grants - A grant to increase the outreach to eligible children in the HMK program. County Land Information - Established to account for the County portion of a GIS fee mandated by the State. Community Decay - Established to enforce County Community decay ordinance. Tobacco - Established to account for federal grants awarded to fund tobacco prevention services. DNRC Grants - Established to account for a grant researching the Madison Aquifer. Juv Det Center - Established to track the revenues and expenses of the Juvenile Detention Center. Medical Alert - Aging Ser - Established to account for funds to purchase personal medical alert devices for senior citizens. Forest Service Title III -To account for funds received from the Forest Service. County Attorney Grants - Established to account for grants received by the County Attorney. Crime Control - Juvenile - Established to account for state general fund dollars that help operate the Juvenile Detention Center. Victim Witness Program - Established to account for state general fund dollars that help provide victim witness protection. Commodity Food Dist - To account for granted commodities received and distributed. Rocky Mountain HIDTA - A grant to prevent drug trafficking. Homeland Security Grant - Established for a federal grant purposed for homeland security. CDBG (Community Development Block Grant) Sponsored Grants - A grant fund established to account for sponsored CDBG grants. OEA Grant - A federal grant to help develop an economic plan if the Air Force base is closed. Sponsored CTEP Grants - A fund to account for Community Transportation Enhancement Program (CTEP) that the County sponsors. Fetal Alcohol Spectrum-Utilized to account for a grant on fetal alcohol. Community Grants - To account for grants that the county is a partner with other community organizations. Subdivision Review - A grant to provide site evaluations and related services to subdivisions. Nutrition and Physical - A grant to help reduce obesity Public Health Emergency Prepared - A grant to help combat and prevent bioterrorism. Cancer - Established to account for the federal grant that was awarded to fund cancer services. Air Pollution - Established to fund air pollution monitoring. Institutional Controls - A grant to provide funding for response actions at the Carpenter Snow Creek NPL site located in Cascade County. W.I.C. - Established to account for a grant to provide services for Women, Infant, and Children nutrition. Maternal & Child Health - Established to account for the federal grant that was awarded to fund Maternal Child Health services. Youth Suicide Prevention - A grant to prevent youth and young adult (ages 10-24) incidents of suicide. HIV Consortia - Established to account for the federal grant that was awarded to fund HIV consortia.
102 NONMAJOR SPECIAL REVENUE FUNDS - CONTINUED
Fetal Alcohol Syndrome - Accounts for a grant to fund education to high risk mothers-to-be who have a history of alcohol abuse. Immunization Proj. 0-2yrs- Established to account for a federal grant awarded for immunization projects. Tuberculosis Prevention - Established to account for federal grants awarded to fund tuberculosis prevention services. AIDS/HIV Testing - Established to account for federal grants awarded to fund AIDS/HIV prevention services. Direct Services -Aging - A grant that provides home attendant, caregiver and ombudsman services to seniors. Contracted Services - Aging - provides funding to senior centers for services. Ryan White - Established to account for early intervention services for HIV positive clients. Congregate Meals - Aging - Established to account for federal grants awarded to fund senior nutrition services. ADRC - 10-22A-ADRC8 -- Established to account for Montana's Aging and Disability Resource Center Grant. R.S.V.P- Aging - Established to account for a grant that funds the Retired Senior Volunteer Program. Administrative - Aging - A federal grant for the administrative costs of Area VIII Aging services. Foster Grandparents - Age - Established to account for federal grants awarded to fund the Foster Grandparents Program. Community Health Clinic - Established to account for the federal grant to operate the Community Health Care Center, a clinic.
103 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Special Revenue Funds
June 30, 2016
2130 - 2150 - 2111 - Road Bridge/County 2140 - Weed Predatory Materials Roads Control Animal Control
Assets Cash and investments $ 21,793 $ 93,631 $ 422,868 $ 1,371 Loans receivable Accounts receivable 1,375 Taxes receivable 6,285 48,367 7,547 1,050 Inventory 37,021
Total assets $ 28,078 $ 141,998 $ 468,811 $ 2,421
Liabilities, fund balances, and deferred inflows Liabilities Accounts payable 4,158 Accrued payroll 16,074 Due to other funds Total liabilities - - 20,232 -
Deferred inflows Deferred tax revenue 6,482 53,771 9,333 1,062 Total deferred inflows 6,482 53,771 9,333 1,062
Fund balances Nonspendable 37,021 Restricted 1,359 Committed 21,596 88,227 37,137 Assigned 365,088 Unassigned Total fund balances 21,596 88,227 439,246 1,359
Total liabilities, fund balances, and deferred inflows $ 28,078 $ 141,998 $ 468,811 $ 2,421
104 2230 - 2190 - 2200 - Emergency 2160 - State 2180 - District Comprehensiv Mosquito Medical Fair Court e Insurance Control 2210 - Parks 2220 - Library Service
$ $ 20,117 $ 530,251 $ 383,379 $ 12,273 $ 119,493 $ 82,239
172 28,633 18,417 12,840 10,312 8,499 2,588 105,960
$ 28,633 $ 38,534 $ 543,091 $ 499,651 $ 12,273 $ 127,992 $ 84,999
1,026 3,993 21 88,588 1,227 19,149 13,486 1,831 1,407
- 20,175 - 17,479 21 90,419 2,634
31,609 22,102 14,384 12,632 10,727 3,059 31,609 22,102 14,384 12,632 10,727 3,059
105,960
112,294 34,808 1,556 26,846 9,673 416,413 328,772 10,696 69,633 (2,976) (3,743) (2,976) (3,743) 528,707 469,540 12,252 26,846 79,306
$ 28,633 $ 38,534 $ 543,091 $ 499,651 $ 12,273 $ 127,992 $ 84,999
105 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Special Revenue Funds
June 30, 2016
2250 - 2270 - Health 2280 - Senior 2271 - Mental Planning Dept Department Citizens Health
Assets Cash and investments $ 59,664 $ 4,750 $ 94,578 $ 37,138 Loans receivable Accounts receivable 277,389 Taxes receivable 6,547 12,290 7,485 2,680 Inventory
Total assets $ 66,211 $ 294,429 $ 102,063 $ 39,818
Liabilities, fund balances, and deferred inflows Liabilities Accounts payable 5,487 10,922 Accrued payroll 9,463 69,562 Due to other funds 285,059 Total liabilities 14,950 365,543 - -
Deferred inflows Deferred tax revenue 7,804 14,442 8,510 3,177 Total deferred inflows 7,804 14,442 8,510 3,177
Fund balances Nonspendable Restricted Committed 32,183 26,212 8,230 Assigned 11,274 67,342 28,412 Unassigned (85,556) (1) (1) Total fund balances 43,457 (85,556) 93,553 36,641
Total liabilities, fund balances, and deferred inflows $ 66,211 $ 294,429 $ 102,063 $ 39,818
106 2372 - 2373 - 2290 - County 2320 - Senior 2360 - Workmens Permissive 2390 - Drug Extension Transportation Museums Comp Levy 2389 - WINDY Forfeitures
$ 81,240 $ 35,062 $ 89,067 $ 30,316 $ 46,710 $ 1,859 $ 28,772
116 600 6,440 4,807 7,602 27,825
$ 87,680 $ 39,985 $ 96,669 $ 30,316 $ 74,535 $ 1,859 $ 29,372
66 2,438 15,226 1,504 2,794
1,570 5,232 - 15,226 - - -
7,671 5,547 9,030 30,972 7,671 5,547 9,030 30,972
10,135 21,191 20,996 25,888 43,564 542 4,392 57,248 8,210 61,751 15,090 1,317 14,846 (1) (1) 78,439 29,206 87,639 15,090 43,563 1,859 29,372
$ 87,680 $ 39,985 $ 96,669 $ 30,316 $ 74,535 $ 1,859 $ 29,372
107 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Special Revenue Funds
June 30, 2016
2391 - Federal 2395 - Sheriff Equitable 2392 - C.D.B.G. 2393 - Records Co Work Share - Revolving Preservation Program.
Assets Cash and investments $ 4,993 $ 22,024 $ 30,762 $ 1,458 Loans receivable 183,093 Accounts receivable 4,155 Taxes receivable Inventory
Total assets $ 4,993 $ 205,117 $ 34,917 $ 1,458
Liabilities, fund balances, and deferred inflows Liabilities Accounts payable 3 Accrued payroll 2,319 Due to other funds Total liabilities - - 2,322 -
Deferred inflows Deferred tax revenue Total deferred inflows
Fund balances Nonspendable Restricted 1,979 205,117 Committed 1,917 7,500 Assigned 1,097 25,095 1,458 Unassigned Total fund balances 4,993 205,117 32,595 1,458
Total liabilities, fund balances, and deferred inflows $ 4,993 $ 205,117 $ 34,917 $ 1,458
108 2398 - Public 2413 - #13 2417 - #17 2421 - #21 2423 - #23 Safety/24/7 2406 - #6 Light Light Maint Light Maint Light Maint Light Maint 2525 - Gibson Program Maint. District District District District District Flats - O & M
$ 32,519 $ 203 $ 145 $ 1,423 $ 97 $ 3,836 $ 53,289
24 104 36 221 5
$ 32,519 $ 227 $ 145 $ 1,527 $ 133 $ 4,057 $ 53,294
1,097 43 33 412 44 1,559
1,097 43 33 412 44 1,559 -
26 123 36 288 16 26 123 36 288 16
158 112 992 53 2,210 53,278 3,260 28,162
31,422 158 112 992 53 2,210 53,278
$ 32,519 $ 227 $ 145 $ 1,527 $ 133 $ 4,057 $ 53,294
109 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Special Revenue Funds
June 30, 2016
2527 - 2528 - 2526 - Park Gannon/Flood Whitetail Lane 2800 - Alcohol Garden O & M Road O&M O&M Rehabilitation
Assets Cash and investments $ 19,973 $ 17,811 $ 3,955 $ Loans receivable Accounts receivable Taxes receivable 38 (1) 53 Inventory
Total assets $ 20,011 $ 17,810 $ 4,008 $ -
Liabilities, fund balances, and deferred inflows Liabilities Accounts payable Accrued payroll Due to other funds Total liabilities - - - -
Deferred inflows Deferred tax revenue 44 63 Total deferred inflows 44 63
Fund balances Nonspendable Restricted 19,967 17,810 3,946 Committed Assigned Unassigned (1) Total fund balances 19,967 17,810 3,945 -
Total liabilities, fund balances, and deferred inflows $ 20,011 $ 17,810 $ 4,008 $ -
110 2830 - Motor 2940 - CDBG 2842 - Sun 2810 - Alcohol 2820 - Vehicle 2835 - Road Sponsored 2841 - Weed River Valley Traffic Safety Gasoline Tax Disposal Dept Clean-Up Grants Trust Fund Ditch
$ 17,649 $ 17,352 $ 112,861 $ 108,027 $ $ 24,661 $ 692
441
$ 18,090 $ 17,352 $ 112,861 $ 108,027 $ - $ 24,661 $ 692
1,356 1,012 4,249 1,288
1,356 - 2,300 4,249 - - -
110,561 6,225 17,352 1,500 9,859 10,509 102,278 14,802 692
16,734 17,352 110,561 103,778 - 24,661 692
$ 18,090 $ 17,352 $ 112,861 $ 108,027 $ - $ 24,661 $ 692
111 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Special Revenue Funds
June 30, 2016
2855 - Health 2859 - County 2863 - Dept. State Land Community 2864 - Grants Information Decay Tobacco
Assets Cash and investments $ 24,710 $ $ 59,490 $ Loans receivable Accounts receivable 8,000 1,242 12,000 Taxes receivable 48 Inventory
Total assets $ 32,710 $ 1,242 $ 59,538 $ 12,000
Liabilities, fund balances, and deferred inflows Liabilities Accounts payable 3,614 111 1,242 Accrued payroll Due to other funds 15,126 10,552 Total liabilities 3,614 15,237 - 11,794
Deferred inflows Deferred tax revenue 72 Total deferred inflows 72
Fund balances Nonspendable Restricted 29,096 Committed 8,618 Assigned 50,849 206 Unassigned (13,995) (1) Total fund balances 29,096 (13,995) 59,466 206
Total liabilities, fund balances, and deferred inflows $ 32,710 $ 1,242 $ 59,538 $ 12,000
112 2893 - Medical 2902 - Forest 2906 - County 2914 - Crime 2917 - Victim 2867 - DNRC 2870 - Juv Det Alert - Aging Reserve Title Attorney Control- Witness Grants Center Ser III Grants Juvenile Program
$ $ 526,145 $ 27,016 $ 93,110 $ 58,653 $ 13,653 $ 7,909
127,864 57 3,460
$ - $ 654,009 $ 27,073 $ 93,110 $ 58,653 $ 17,113 $ 7,909
28,884 81 719 6,366 39,607 1,534
- 68,491 - - 1,615 719 6,366
57,038 16,396 184,455 11,243 401,063 27,073 81,867 1,543 (2) - 585,518 27,073 93,110 57,038 16,394 1,543
$ - $ 654,009 $ 27,073 $ 93,110 $ 58,653 $ 17,113 $ 7,909
113 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Special Revenue Funds
June 30, 2016
2929 - 2926 - Homeland 2918 - Public Commodity Security 2942 - OEA Safety Grants Food Dist Grants Defense
Assets Cash and investments $ 5,543 $ 54,916 $ 117 $ Loans receivable Accounts receivable 3,120 42,158 Taxes receivable Inventory
Total assets $ 5,543 $ 58,036 $ 42,275 $ -
Liabilities, fund balances, and deferred inflows Liabilities Accounts payable 212 1,366 Accrued payroll 1,315 2,847 Due to other funds 32,949 Total liabilities - 1,527 37,162 -
Deferred inflows Deferred tax revenue Total deferred inflows
Fund balances Nonspendable Restricted 56,509 Committed 1,400 Assigned 4,144 5,113 Unassigned (1) Total fund balances 5,543 56,509 5,113 -
Total liabilities, fund balances, and deferred inflows $ 5,543 $ 58,036 $ 42,275 $ -
114 2963 - Public 2956 - 2960 - Health Sponsored Community Emergency 2967 - Air 2969 - EPA CTEP Grants Grants Prepared 2966 - Cancer Quality Control Grants 2971 - W.I.C.
$ 1,689,665 $ $ 18,601 $ 10,374 $ 3,992 $ $ 9,621
24,405 62,375 3,893 22,918 91,345
$ 1,689,665 $ - $ 43,006 $ 72,749 $ 7,885 $ 22,918 $ 100,966
1 190 627 68 10 1,294
31,652 22,974 85,172 - 31,653 190 627 68 22,984 86,466
1,689,665 1,079 42,816 7,817 26,499 45,623 14,500 (32,732) (66) 1,689,665 (31,653) 42,816 72,122 7,817 (66) 14,500
$ 1,689,665 $ - $ 43,006 $ 72,749 $ 7,885 $ 22,918 $ 100,966
115 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Special Revenue Funds
June 30, 2016
2973 - Home 2976 - Fetal 2977 - Visiting - 2975 - Hiv Alcohol Immunization Federal Funds Consortia Syndrome Projects
Assets Cash and investments $ $ $ 9,656 $ Loans receivable Accounts receivable 88,427 15,041 8,460 Taxes receivable Inventory
Total assets $ 88,427 $ 15,041 $ 9,656 $ 8,460
Liabilities, fund balances, and deferred inflows Liabilities Accounts payable 20,098 24 53 Accrued payroll Due to other funds 11,887 15,047 906 Total liabilities 31,985 15,071 - 959
Deferred inflows Deferred tax revenue Total deferred inflows
Fund balances Nonspendable Restricted Committed 5,093 Assigned 56,442 9,656 2,408 Unassigned (30) Total fund balances 56,442 (30) 9,656 7,501
Total liabilities, fund balances, and deferred inflows $ 88,427 $ 15,041 $ 9,656 $ 8,460
116 2981 - 2980 - Direct Contracted 2983 - Senior 2985 - RSVP - Services - 2979 - Aids/Hiv Services - 2982 - Ryan Nutrition - 2984 - ADRC - Aging Aging Testing Aging White Aging Aging Services
$ 292,958 $ 891 $ 103,730 $ 1 $ 331,390 $ 20,236 $ 77,525
582 2,508 203 9,927 890
$ 293,540 $ 3,399 $ 103,933 $ 1 $ 341,317 $ 20,236 $ 78,415
1,249 6 597 6,397 (6) (30) 8,494 13,807
9,743 6 597 - 20,204 (6) (30)
283,797 103,336 321,113 20,242 78,445
3,393 1
283,797 3,393 103,336 1 321,113 20,242 78,445
$ 293,540 $ 3,399 $ 103,933 $ 1 $ 341,317 $ 20,236 $ 78,415
117
CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Special Revenue Funds
June 30, 2016
Total Non- 2986 - 2987 - Foster Major Special Administrative 2342 - Fire Grandparents - Revenue - Aging Council Age Funds
Assets Cash and investments $ 54,805 $ 7,500 $ 303 $ 6,172,811 Loans receivable 183,093 Accounts receivable 36,133 849,256 Taxes receivable 220,742 Inventory 142,981
Total assets $ 54,805 $ 7,500 $ 36,436 $ 7,568,883
Liabilities, fund balances, and deferred inflows Liabilities Accounts payable 926 91 6,943 224,093 Accrued payroll 4,087 1,785 212,353 Due to other funds 40,364 551,688 Total liabilities 5,013 91 49,092 988,134
Deferred inflows Deferred tax revenue 252,982 Total deferred inflows 252,982
Fund balances Nonspendable 142,981 Restricted 49,792 3,184,818 Committed 1,100 801,356 Assigned 6,309 12,656 2,363,031 Unassigned (25,312) (164,419) Total fund balances 49,792 7,409 (12,656) 6,327,767
Total liabilities, fund balances, and deferred inflows $ 54,805 $ 7,500 $ 36,436 $ 7,568,883
118 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Special Revenue Funds
June 30, 2016
2130 - 2150 - 2111 - Road Bridge/County 2140 - Weed Predatory Materials Roads Control Animal Control Revenues Intergovernmental sources $ $ $ $ Charges for goods and services 78,742 Licenses and permits Tax Revenue 243,528 1,722,574 268,994 2,945 Investment income 8 Inkind revenue Other revenue 1,988 Total revenues 243,528 1,722,574 349,724 2,953
Expenditures Current Public works 240,725 4,060 278,704 General government Public safety 3,187 Health services Culture and recreation Environmental management Debt service Capital outlay Total expenditures 240,725 4,060 278,704 3,187 Revenues over (under) expenditures 2,803 1,718,514 71,020 (234)
Other financing sources (uses) Transfers in 5,315 Transfers out (1,722,574) Total other financing sources (uses) 0 (1,722,574) 5,315 0
Net change in fund balances 2,803 (4,060) 76,335 (234)
Fund balances, beginning of year 18,793 92,287 362,911 1,593
Fund balances, end of year $ 21,596 $ 88,227 $ 439,246 $ 1,359
119 2230 - 2190 - 2200 - Emergency 2160 - State 2180 - District Comprehensiv Mosquito Medical Fair Court e Insurance Control 2210 - Parks 2220 - Library Service
$ $ $ $ $ $ $ 40,305
998,122 651,509 489,945 390,378 280,715 102,265 1,061 8 918 22 208 542 3 70,483 1,364 999,183 692,367 561,346 390,378 22 280,715 103,837
635,690 462,430 232,863 205,000 2,188 82,144 933 98,134
2,188 635,690 462,430 232,863 933 303,134 82,144 996,995 56,677 98,916 157,515 (911) (22,419) 21,693
34,494 5,315 6,500 2,658 5,315 (1,127,195) (26,900) (1,127,195) 7,594 0 5,315 6,500 2,658 5,315
(130,200) 64,271 98,916 162,830 5,589 (19,761) 27,008
127,224 (68,014) 429,791 306,710 6,663 46,607 52,298
$ (2,976) $ (3,743) $ 528,707 $ 469,540 $ 12,252 $ 26,846 $ 79,306
120 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Special Revenue Funds
June 30, 2016
2250 - 2270 - Health 2280 - Senior 2271 - Mental Planning Dept Department Citizens Health Revenues Intergovernmental sources $ $ 250,000 $ $ Charges for goods and services 3,982 408,759 Licenses and permits 44,300 140,997 Tax Revenue 205,386 424,233 274,709 94,479 Investment income 121 879 2,803 Inkind revenue Other revenue 779 10,279 Total revenues 254,568 1,235,147 277,512 94,479
Expenditures Current Public works General government 285,357 Public safety Health services 1,410,383 22,440 82,719 Culture and recreation Environmental management Debt service Capital outlay 12,850 Total expenditures 285,357 1,423,233 22,440 82,719 Revenues over (under) expenditures (30,789) (188,086) 255,072 11,760
Other financing sources (uses) Transfers in 10,631 95,681 Transfers out (65,171) (271,728) Total other financing sources (uses) 10,631 30,510 (271,728) 0
Net change in fund balances (20,158) (157,576) (16,656) 11,760
Fund balances, beginning of year 63,615 72,020 110,209 24,881
Fund balances, end of year $ 43,457 $ (85,556) $ 93,553 $ 36,641
121 2372 - 2373 - 2290 - County 2320 - Senior 2360 - Workmens Permissive 2390 - Drug Extension Transportation Museums Comp Levy 2389 - WINDY Forfeitures
$ $ $ $ $ $ $
220,607 173,993 289,684 960,417 119 27 108 880 6
14,095 91,947 (1) 220,726 188,115 289,684 92,055 961,297 6 (1)
187,104 2,380 440 39,888 160,615 260,082
187,104 160,615 260,082 0 2,380 440 39,888 33,622 27,500 29,602 92,055 958,917 (434) (39,889)
5,315 5,315 (954,144) 5,315 5,315 0 0 (954,144) 0 0
38,937 32,815 29,602 92,055 4,773 (434) (39,889)
39,502 (3,609) 58,037 (76,965) 38,790 2,293 69,261
$ 78,439 $ 29,206 $ 87,639 $ 15,090 $ 43,563 $ 1,859 $ 29,372
122 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Special Revenue Funds
June 30, 2016
2391 - Federal 2395 - Sheriff Equitable 2392 - C.D.B.G. 2393 - Records Co Work Share - Revolving Preservation Program. Revenues Intergovernmental sources $ $ $ $ Charges for goods and services 76,758 Licenses and permits Tax Revenue Investment income 15 Inkind revenue Other revenue Total revenues 15 0 76,758 0
Expenditures Current Public works General government 60 Public safety Health services Culture and recreation 150,996 Environmental management Debt service Capital outlay Total expenditures 0 0 151,056 0 Revenues over (under) expenditures 15 0 (74,298) 0
Other financing sources (uses) Transfers in 82,509 Transfers out Total other financing sources (uses) 0 0 82,509 0
Net change in fund balances 15 0 8,211 0
Fund balances, beginning of year 4,978 205,117 24,384 1,458
Fund balances, end of year $ 4,993 $ 205,117 $ 32,595 $ 1,458
123 2398 - Public 2413 - #13 2417 - #17 2421 - #21 2423 - #23 Safety/24/7 2406 - #6 Light Light Maint Light Maint Light Maint Light Maint 2525 - Gibson Program Maint. District District District District District Flats - O & M
$ $ $ $ $ $ $ 21,331
5 1 16 4 104 7 1 1 7 1 21 147
385 330 3,797 364 15,437 5,814 21,331 391 332 3,820 369 15,562 5,968
480 365 4,915 523 19,558 11
18,161
18,161 480 365 4,915 523 19,558 11 3,170 (89) (33) (1,095) (154) (3,996) 5,957
(6,000) (6,000) 0 0 0 0 0 0
(2,830) (89) (33) (1,095) (154) (3,996) 5,957
34,252 247 145 2,087 207 6,206 47,321
$ 31,422 $ 158 $ 112 $ 992 $ 53 $ 2,210 $ 53,278
124 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Special Revenue Funds
June 30, 2016
2527 - 2528 - 2526 - Park Gannon/Flood Whitetail Lane 2800 - Alcohol Garden O & M Road O&M O&M Rehabilitation Revenues Intergovernmental sources $ $ $ $ 160,500 Charges for goods and services Licenses and permits Tax Revenue 5 24 Investment income 57 52 16 Inkind revenue Other revenue 1,442 3,489 Total revenues 1,504 52 3,529 160,500
Expenditures Current Public works 4 1 7,522 General government Public safety Health services 160,500 Culture and recreation Environmental management Debt service Capital outlay Total expenditures 4 1 7,522 160,500 Revenues over (under) expenditures 1,500 51 (3,993) 0
Other financing sources (uses) Transfers in Transfers out Total other financing sources (uses) 0 0 0 0
Net change in fund balances 1,500 51 (3,993) 0
Fund balances, beginning of year 18,467 17,759 7,938 0
Fund balances, end of year $ 19,967 $ 17,810 $ 3,945 $ 0
125 2830 - Motor 2940 - CDBG 2842 - Sun 2810 - Alcohol 2820 - Vehicle 2835 - Road Sponsored 2841 - Weed River Valley Traffic Safety Gasoline Tax Disposal Dept Clean-Up Grants Trust Fund Ditch
$ 35,501 $ 198,794 $ $ $ 73,103 $ 68,403 $
100 56,557 35,601 198,794 56,557 0 73,103 68,403 0
25,000 73,103 69,803 153,556 29,459 42,289
5,996 35,455 153,556 42,289 25,000 73,103 69,803 0 146 45,238 14,268 (25,000) 0 (1,400) 0
60,000 25,000 (45,000) 0 (45,000) 60,000 25,000 0 0 0
146 238 74,268 0 0 (1,400) 0
16,588 17,114 36,293 103,778 0 26,061 692
$ 16,734 $ 17,352 $ 110,561 $ 103,778 $ 0 $ 24,661 $ 692
126 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Special Revenue Funds
June 30, 2016
2855 - Health 2859 - County 2863 - Dept. State Land Community 2864 - Grants Information Decay Tobacco Revenues Intergovernmental sources $ 63,830 $ $ $ 72,000 Charges for goods and services 17,691 Licenses and permits Tax Revenue Investment income Inkind revenue Other revenue 225 (1) Total revenues 64,055 17,691 (1) 72,000
Expenditures Current Public works General government 20,972 Public safety Health services 50,933 22 71,986 Culture and recreation Environmental management Debt service Capital outlay Total expenditures 50,933 20,972 22 71,986 Revenues over (under) expenditures 13,122 (3,281) (23) 14
Other financing sources (uses) Transfers in Transfers out Total other financing sources (uses) 0 0 0 0
Net change in fund balances 13,122 (3,281) (23) 14
Fund balances, beginning of year 15,974 (10,714) 59,489 192
Fund balances, end of year $ 29,096 $ (13,995) $ 59,466 $ 206
127 2893 - Medical 2902 - Forest 2906 - County 2914 - Crime 2917 - Victim 2867 - DNRC 2870 - Juv Det Alert - Aging Reserve Title Attorney Control- Witness Grants Center Ser III Grants Juvenile Program
$ $ 9,615 $ $ 19,059 $ 58,570 $ 211,579 $ 1,925,510
23,356 2,664 694 0 1,937,789 694 19,059 58,570 211,579 23,356
46,280 1,703,244 211,581 24,195 706
5,750 0 1,708,994 706 0 46,280 211,581 24,195 0 228,795 (12) 19,059 12,290 (2) (839)
47,840
0 47,840 0 0 0 0 0
0 276,635 (12) 19,059 12,290 (2) (839)
0 308,883 27,085 74,051 44,748 16,396 2,382
$ 0 $ 585,518 $ 27,073 $ 93,110 $ 57,038 $ 16,394 $ 1,543
128 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Special Revenue Funds
June 30, 2016
2929 - 2926 - Homeland 2918 - Public Commodity Security 2942 - OEA Safety Grants Food Dist Grants Defense Revenues Intergovernmental sources $ 7,538 $ 38,062 $ 205,599 $ Charges for goods and services Licenses and permits Tax Revenue Investment income Inkind revenue Other revenue (1) 40 Total revenues 7,537 38,102 205,599 0
Expenditures Current Public works General government Public safety 8,104 275,892 Health services 45,359 Culture and recreation Environmental management Debt service Capital outlay 21,379 Total expenditures 8,104 45,359 297,271 0 Revenues over (under) expenditures (567) (7,257) (91,672) 0
Other financing sources (uses) Transfers in 5,842 15,000 94,137 6,966 Transfers out Total other financing sources (uses) 5,842 15,000 94,137 6,966
Net change in fund balances 5,275 7,743 2,465 6,966
Fund balances, beginning of year 268 48,766 2,648 (6,966)
Fund balances, end of year $ 5,543 $ 56,509 $ 5,113 $ 0
129 2963 - Public 2956 - 2960 - Health Sponsored Community Emergency 2967 - Air 2969 - EPA CTEP Grants Grants Prepared 2966 - Cancer Quality Control Grants 2971 - W.I.C.
$ 3,126 $ 3,182 $ 108,470 $ 194,500 $ 13,734 $ 24,773 $ 345,286
1,998 1,500 2,847 3,126 5,180 108,470 196,000 13,734 24,773 348,133
26,247
37,913 123,031 164,344 24,783 333,634
13,267
46,945 73,192 37,913 123,031 164,344 13,267 24,783 333,634 (70,066) (32,733) (14,561) 31,656 467 (10) 14,499
1,750,500
1,750,500 0 0 0 0 0 0
1,680,434 (32,733) (14,561) 31,656 467 (10) 14,499
9,231 1,080 57,377 40,466 7,350 (56) 1
$ 1,689,665 $ (31,653) $ 42,816 $ 72,122 $ 7,817 $ (66) $ 14,500
130 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Special Revenue Funds
June 30, 2016
2973 - Home 2976 - Fetal 2977 - Visiting - 2975 - Hiv Alcohol Immunization Federal Funds Consortia Syndrome Projects Revenues Intergovernmental sources $ 518,121 $ 29,950 $ 335 $ 33,840 Charges for goods and services 12,839 Licenses and permits Tax Revenue Investment income Inkind revenue Other revenue 15,008 Total revenues 533,129 29,950 13,174 33,840
Expenditures Current Public works General government Public safety Health services 561,402 29,997 13,428 33,833 Culture and recreation Environmental management Debt service Capital outlay Total expenditures 561,402 29,997 13,428 33,833 Revenues over (under) expenditures (28,273) (47) (254) 7
Other financing sources (uses) Transfers in 65,171 Transfers out Total other financing sources (uses) 65,171 0 0 0
Net change in fund balances 36,898 (47) (254) 7
Fund balances, beginning of year 19,544 17 9,910 7,494
Fund balances, end of year $ 56,442 $ (30) $ 9,656 $ 7,501
131 2981 - 2980 - Direct Contracted 2983 - Senior 2985 - RSVP - Services - 2979 - Aids/Hiv Services - 2982 - Ryan Nutrition - 2984 - ADRC - Aging Aging Testing Aging White Aging Aging Services
$ 256,963 $ 24,897 $ 139,242 $ $ 449,498 $ 3,600 $ 9,468
33,675 232,288 290,638 24,897 139,242 0 681,786 3,600 9,468
283,729 24,262 124,290 714,772 2,882 4,124
283,729 24,262 124,290 0 714,772 2,882 4,124 6,909 635 14,952 0 (32,986) 718 5,344
50,279 1,517 106,448 (15,000) 35,279 0 1,517 0 106,448 0 0
42,188 635 16,469 0 73,462 718 5,344
241,609 2,758 86,867 1 247,651 19,524 73,101
$ 283,797 $ 3,393 $ 103,336 $ 1 $ 321,113 $ 20,242 $ 78,445
132
CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Special Revenue Funds
June 30, 2016
Total Non-Major 2986 - 2987 - Foster Special Administrative 2342 - Fire Grandparents - Revenue - Aging Council Age Funds Revenues Intergovernmental sources $ 73,707 $ $ 194,080 $ 3,898,925 Charges for goods and services 10,200 2,596,117 Licenses and permits 8,120 193,417 Tax Revenue 7,794,649 Investment income 27 7,513 Inkind revenue 23,898 Other revenue 283 14,968 584,840 Total revenues 84,190 8,147 209,048 15,099,359
Expenditures Current Public works 724,774 General government 2,258,379 Public safety 7,454 2,323,353 Health services 148,281 224,874 4,979,675 Culture and recreation 510,145 Environmental management 13,267 Debt service Capital outlay 92,920 Total expenditures 148,281 7,454 224,874 10,902,513 Revenues over (under) expenditures (64,091) 693 (15,826) 4,196,846
Other financing sources (uses) Transfers in 108,485 5,000 2,601,233 Transfers out (4,233,712) Total other financing sources (uses) 108,485 0 5,000 (1,632,479)
Net change in fund balances 44,394 693 (10,826) 2,564,367
Fund balances, beginning of year 5,398 6,716 (1,830) 3,763,400
Fund balances, end of year $ 49,792 $ 7,409 $ (12,656) $ 6,327,767
133 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Road Materials Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 240,635 $ 240,635 $ 243,528 $ 2,893 Total revenues 240,635 240,635 243,528 2,893 Expenditures Public Works 240,635 240,635 240,725 (90) Total expenditures 240,635 240,635 240,725 (90) Revenues over (under) expenditures 0 0 2,803 2,803 Net change in fund balance 0 0 2,803 2,803 Fund balances, beginning of year 18,793 18,793 18,793 0 Fund balances, end of year $ 18,793 $ 18,793 $ 21,596 $ 2,803
Bridge/County Roads Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 1,758,201 $ 1,758,201 $ 1,722,574 $ (35,627) Investment & royalty earnings 1,000 1,000 (1,000) Total revenues 1,759,201 1,759,201 1,722,574 (36,627) Expenditures Public Works 4,060 (4,060) Total expenditures 0 0 4,060 (4,060) Revenues over (under) expenditures 1,759,201 1,759,201 1,718,514 (40,687) Transfers in (out) (1,736,535) (1,736,535) (1,722,574) 13,961 Net change in fund balance 22,666 22,666 (4,060) (26,726) Fund balances, beginning of year 92,287 92,287 92,287 0 Fund balances, end of year $ 114,953 $ 114,953 $ 88,227 $ (26,726)
134 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Weed Control Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 94,636 $ 94,636 $ 78,742 $ (15,894) Tax revenue 244,089 244,089 268,994 24,905 Miscellaneous 2,500 2,500 1,988 (512) Total revenues 341,225 341,225 349,724 8,499 Expenditures Public Works 368,178 368,178 278,704 89,474 Total expenditures 368,178 368,178 278,704 89,474 Revenues over (under) expenditures (26,953) (26,953) 71,020 97,973 Transfers in (out) 5,315 5,315 5,315 0 Net change in fund balance (21,638) (21,638) 76,335 97,973 Fund balances, beginning of year 362,911 362,911 362,911 0 Fund balances, end of year $ 341,273 $ 341,273 $ 439,246 $ 97,973
Predatory Animal Control Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 2,950 $ 3,191 $ 2,945 $ (246) Investment & royalty earnings 8 8 Total revenues 2,950 3,191 2,953 (238) Expenditures Public Safety 2,950 3,191 3,187 4 Total expenditures 2,950 3,191 3,187 4 Revenues over (under) expenditures 0 0 (234) (234) Net change in fund balance 0 0 (234) (234) Fund balances, beginning of year 1,593 1,593 1,593 0 Fund balances, end of year $ 1,593 $ 1,593 $ 1,359 $ (234)
135 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
State Fair Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 1,004,724 $ 1,004,724 $ 998,122 $ (6,602) Investment & royalty earnings 250 250 1,061 811 Total revenues 1,004,974 1,004,974 999,183 (5,791) Expenditures Public Safety 2,188 (2,188) Total expenditures 0 0 2,188 (2,188) Revenues over (under) expenditures 1,004,974 1,004,974 996,995 (7,979) Transfers in (out) (1,151,101) (1,151,101) (1,127,195) 23,906 Net change in fund balance (146,127) (146,127) (130,200) 15,927 Fund balances, beginning of year 127,224 127,224 127,224 0 Fund balances, end of year $ (18,903) $ (18,903) $ (2,976) $ 15,927
136 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
District Court Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 40,400 $ 40,400 $ 40,305 $ (95) Tax revenue 648,232 648,232 651,509 3,277 Fines and forfeitures 600 600 542 (58) Investment & royalty earnings 8 8 Miscellaneous 3 3 Total revenues 689,232 689,232 692,367 3,135 Expenditures General Government 707,777 683,477 635,690 47,787 Capital Outlay 13,000 13,000 13,000 Total expenditures 720,777 696,477 635,690 60,787 Revenues over (under) expenditures (31,545) (7,245) 56,677 63,922 Transfers in (out) 31,894 7,594 7,594 0 Net change in fund balance 349 349 64,271 63,922 Fund balances, beginning of year (68,014) (68,014) (68,014) 0 Fund balances, end of year $ (67,665) $ (67,665) $ (3,743) $ 63,922
137 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Comprehensive Insurance Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 485,808 $ 485,808 $ 489,944 $ 4,136 Investment & royalty earnings 918 918 Miscellaneous 32,000 64,494 70,483 5,989 Total revenues 517,808 550,302 561,345 11,043 Expenditures General Government 886,887 985,381 462,430 522,951 Total expenditures 886,887 985,381 462,430 522,951 Revenues over (under) expenditures (369,079) (435,079) 98,915 533,994 Net change in fund balance (369,079) (435,079) 98,915 533,994 Fund balances, beginning of year 429,791 429,791 429,791 0 Fund balances, end of year $ 60,712 $ (5,288) $ 528,706 $ 533,994
Mosquito Control Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 350,835 $ 350,835 $ 390,378 $ 39,543 Total revenues 350,835 350,835 390,378 39,543 Expenditures General Government 384,257 384,257 232,863 151,394 Total expenditures 384,257 384,257 232,863 151,394 Revenues over (under) expenditures (33,422) (33,422) 157,515 190,937 Transfers in (out) 5,315 5,315 5,315 0 Net change in fund balance (28,107) (28,107) 162,830 190,937 Fund balances, beginning of year 306,710 306,710 306,710 0 Fund balances, end of year $ 278,603 $ 278,603 $ 469,540 $ 190,937
138 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Parks Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 6,619 $ 6,619 $ (6,619) Investment & royalty earnings $ 22 22 Total revenues 6,619 6,619 22 (6,597) Expenditures Culture and Recreation 11,904 11,904 933 10,971 Total expenditures 11,904 11,904 933 10,971 Revenues over (under) expenditures (5,285) (5,285) (911) 4,374 Transfers in (out) 6,500 6,500 6,500 0 Net change in fund balance 1,215 1,215 5,589 4,374 Fund balances, beginning of year 6,663 6,663 6,663 0 Fund balances, end of year $ 7,878 $ 7,878 $ 12,252 $ 4,374
Library Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 272,949 $ 272,949 $ 280,715 $ 7,766 Total revenues 272,949 272,949 280,715 7,766 Expenditures General Government 205,000 205,000 205,000 0 Culture and Recreation 88,857 88,857 98,134 (9,277) Total expenditures 293,857 293,857 303,134 (9,277) Revenues over (under) expenditures (20,908) (20,908) (22,419) (1,511) Transfers in (out) 2,658 2,658 2,658 0 Net change in fund balance (18,250) (18,250) (19,761) (1,511) Fund balances, beginning of year 46,607 46,607 46,607 0 Fund balances, end of year $ 28,357 $ 28,357 $ 26,846 $ (1,511)
139 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Emergency Medical Service Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 102,254 $ 102,254 $ 102,265 $ 11 Investment & royalty earnings 208 208 Miscellaneous 1,364 1,364 Total revenues 102,254 102,254 103,837 1,583 Expenditures Public H & W 96,845 96,845 82,144 14,701 Total expenditures 96,845 96,845 82,144 14,701 Revenues over (under) expenditures 5,409 5,409 21,693 16,284 Transfers in (out) 5,315 5,315 5,315 0 Net change in fund balance 10,724 10,724 27,008 16,284 Fund balances, beginning of year 52,298 52,298 52,298 0 Fund balances, end of year $ 63,022 $ 63,022 $ 79,306 $ 16,284
140 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Planning Dept Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 6,760 $ 6,760 $ 3,982 $ (2,778) Licenses and permits 14,300 14,300 44,300 30,000 Tax revenue 203,753 203,753 205,386 1,633 Investment & royalty earnings 121 121 Miscellaneous 779 779 0 Total revenues 224,813 225,592 254,568 28,976 Expenditures General Government 247,705 248,483 285,357 (36,874) Total expenditures 247,705 248,483 285,357 (36,874) Revenues over (under) expenditures (22,892) (22,891) (30,789) (7,898) Transfers in (out) 10,631 10,631 10,631 0 Net change in fund balance (12,261) (12,260) (20,158) (7,898) Fund balances, beginning of year 63,615 63,615 63,615 0 Fund balances, end of year $ 51,354 $ 51,355 $ 43,457 $ (7,898)
141 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Health Department Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 250,000 $ 250,000 $ 250,000 0 Charges for services 356,462 436,462 408,759 $ (27,703) Licenses and permits 105,700 105,700 140,997 35,297 Tax revenue 414,448 414,448 424,233 9,785 Investment & royalty earnings 879 879 Miscellaneous 500 6,660 10,279 3,619 Total revenues 1,127,110 1,213,270 1,235,147 21,877 Expenditures Public H & W 2,731,131 2,818,441 1,410,383 1,408,058 Capital Outlay 14,000 12,850 12,850 0 Total expenditures 2,745,131 2,831,291 1,423,233 1,408,058 Revenues over (under) expenditures (1,618,021) (1,618,021) (188,086) 1,429,935 Transfers in (out) 30,510 30,510 30,510 0 Net change in fund balance (1,587,511) (1,587,511) (157,576) 1,429,935 Fund balances, beginning of year 72,020 72,020 72,020 0 Fund balances, end of year $ (1,515,491) $ (1,515,491) $ (85,556) $ 1,429,935
142 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Senior Citizens Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 278,868 $ 278,868 $ 274,710 $ (4,158) Investment & royalty earnings 2,803 2,803 Total revenues 278,868 278,868 277,513 (1,355) Expenditures Public H & W 22,000 22,440 (440) Capital Outlay 7,528 0 Total expenditures 7,528 22,000 22,440 (440) Revenues over (under) expenditures 271,340 256,868 255,073 (1,795) Transfers in (out) (195,100) (271,728) (271,728) 0 Net change in fund balance 76,240 (14,860) (16,655) (1,795) Fund balances, beginning of year 110,209 110,209 110,209 0 Fund balances, end of year $ 186,449 $ 95,349 $ 93,554 $ (1,795)
Mental Health Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 95,436 $ 95,436 $ 94,480 $ (956) Total revenues 95,436 95,436 94,480 (956) Expenditures Public H & W 86,466 86,466 82,719 3,747 Total expenditures 86,466 86,466 82,719 3,747 Revenues over (under) expenditures 8,970 8,970 11,761 2,791 Net change in fund balance 8,970 8,970 11,761 2,791 Fund balances, beginning of year 24,881 24,881 24,881 0 Fund balances, end of year $ 33,851 $ 33,851 $ 36,642 $ 2,791
143 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
County Extension Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 9,559 $ 9,559 $ (9,559) Tax revenue 222,474 212,915 $ 220,607 7,692 Investment & royalty earnings 119 119 Total revenues 232,033 222,474 220,726 (1,748) Expenditures General Government 207,336 207,336 187,104 20,232 Total expenditures 207,336 207,336 187,104 20,232 Revenues over (under) expenditures 24,697 15,138 33,622 18,484 Transfers in (out) 30,315 5,315 5,315 0 Net change in fund balance 55,012 20,453 38,937 18,484 Fund balances, beginning of year 39,502 39,502 39,502 0 Fund balances, end of year $ 94,514 $ 59,955 $ 78,439 $ 18,484
Senior Transportation Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 195,459 $ 195,459 $ 173,993 $ (21,466) Investment & royalty earnings 27 27 Miscellaneous 14,000 14,000 14,095 95 Total revenues 209,459 209,459 188,115 (21,344) Expenditures Public H & W 193,029 214,774 160,615 54,159 Total expenditures 193,029 214,774 160,615 54,159 Revenues over (under) expenditures 16,430 (5,315) 27,500 32,815 Transfers in (out) 5,315 5,315 5,315 0 Net change in fund balance 21,745 0 32,815 32,815 Fund balances, beginning of year (3,609) (3,609) (3,609) 0 Fund balances, end of year $ 18,136 $ (3,609) $ 29,206 $ 32,815
144 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Museums Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 291,776 $ 291,776 $ 289,684 $ (2,092) Total revenues 291,776 291,776 289,684 (2,092) Expenditures Culture and Recreation 259,185 259,185 260,082 (897) Total expenditures 259,185 259,185 260,082 (897) Revenues over (under) expenditures 32,591 32,591 29,602 (2,989) Net change in fund balance 32,591 32,591 29,602 (2,989) Fund balances, beginning of year 58,037 58,037 58,037 0 Fund balances, end of year $ 90,628 $ 90,628 $ 87,639 $ (2,989)
Workmens Comp Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 108 $ 108 Miscellaneous 91,947 91,947 Total revenues 0 0 92,055 92,055 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 92,055 92,055 Net change in fund balance 0 0 92,055 92,055 Fund balances, beginning of year $ (76,965) $ (76,965) (76,965) 0 Fund balances, end of year $ (76,965) $ (76,965) $ 15,090 $ 92,055
145 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Permissive Levy Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 965,545 $ 965,545 $ 960,418 $ (5,127) Investment & royalty earnings 880 880 Total revenues 965,545 965,545 961,298 (4,247) Expenditures General Government 2,380 (2,380) Total expenditures 0 0 2,380 (2,380) Revenues over (under) expenditures 965,545 965,545 958,918 (6,627) Transfers in (out) (954,145) (954,145) (954,144) 1 Net change in fund balance 11,400 11,400 4,774 (6,626) Fund balances, beginning of year 38,790 38,790 38,790 0 Fund balances, end of year $ 50,190 $ 50,190 $ 43,564 $ (6,626)
WINDY Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 6 $ 6 Total revenues 0 0 6 6 Expenditures General Government $ 500 $ 500 440 60 Total expenditures 500 500 440 60 Revenues over (under) expenditures (500) (500) (434) 66 Net change in fund balance (500) (500) (434) 66 Fund balances, beginning of year 2,293 2,293 2,293 0 Fund balances, end of year $ 1,793 $ 1,793 $ 1,859 $ 66
146 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Drug Forfeitures Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Fines and forfeitures $ 2,000 $ 2,000 $ (2,000) Total revenues 2,000 2,000 0 (2,000) Expenditures Public Safety 69,399 69,399 $ 39,888 29,511 Total expenditures 69,399 69,399 39,888 29,511 Revenues over (under) expenditures (67,399) (67,399) (39,888) 27,511 Net change in fund balance (67,399) (67,399) (39,888) 27,511 Fund balances, beginning of year 69,261 69,261 69,261 0 Fund balances, end of year $ 1,862 $ 1,862 $ 29,373 $ 27,511
Federal Equitable Share Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 15 $ 15 Total revenues 0 0 15 15 Expenditures Public Safety $ 2,489 $ 2,489 2,489 Total expenditures 2,489 2,489 0 2,489 Revenues over (under) expenditures (2,489) (2,489) 15 2,504 Net change in fund balance (2,489) (2,489) 15 2,504 Fund balances, beginning of year 4,978 4,978 4,978 0 Fund balances, end of year $ 2,489 $ 2,489 $ 4,993 $ 2,504
147 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
C.D.B.G. - Revolving Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Total revenues 0 0 0 0 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 0 0 Net change in fund balance 0 0 0 0 Fund balances, beginning of year $ 205,117 $ 205,117 $ 205,117 0 Fund balances, end of year $ 205,117 $ 205,117 $ 205,117 $ 0
Records Preservation Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 95,950 $ 95,950 $ 76,758 $ (19,192) Total revenues 95,950 95,950 76,758 (19,192) Expenditures General Government 1,500 1,500 60 1,440 Culture and Recreation 163,937 163,937 150,996 12,941 Total expenditures 165,437 165,437 151,056 14,381 Revenues over (under) expenditures (69,487) (69,487) (74,298) (4,811) Transfers in (out) 82,509 82,509 82,509 0 Net change in fund balance 13,022 13,022 8,211 (4,811) Fund balances, beginning of year 24,384 24,384 24,384 0 Fund balances, end of year $ 37,406 $ 37,406 $ 32,595 $ (4,811)
148 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Sheriff Co Work Program. Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Total revenues 0 0 0 0 Expenditures Public Safety $ 1,500 $ 1,500 $ 1,500 Total expenditures 1,500 1,500 0 1,500 Revenues over (under) expenditures (1,500) (1,500) 0 1,500 Net change in fund balance (1,500) (1,500) 0 1,500 Fund balances, beginning of year 1,458 1,458 $ 1,458 0 Fund balances, end of year $ (42) $ (42) $ 1,458 $ 1,500
Public Safety/24/7 Program Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 20,000 $ 20,000 $ 21,331 $ 1,331 Total revenues 20,000 20,000 21,331 1,331 Expenditures Public Safety 26,600 26,600 18,161 8,439 Total expenditures 26,600 26,600 18,161 8,439 Revenues over (under) expenditures (6,600) (6,600) 3,170 9,770 Transfers in (out) (6,000) (6,000) 0 Net change in fund balance (6,600) (12,600) (2,830) 9,770 Fund balances, beginning of year 34,252 34,252 34,252 0 Fund balances, end of year $ 27,652 $ 21,652 $ 31,422 $ 9,770
149 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
#6 Light Maint. District Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 5 $ 5 Investment & royalty earnings 1 1 Miscellaneous $ 500 $ 500 385 (115) Total revenues 500 500 391 (109) Expenditures Public Works 516 516 480 36 Total expenditures 516 516 480 36 Revenues over (under) expenditures (16) (16) (89) (73) Net change in fund balance (16) (16) (89) (73) Fund balances, beginning of year 247 247 247 0 Fund balances, end of year $ 231 $ 231 $ 158 $ (73)
#13 Light Maint District Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 1 $ 1 Investment & royalty earnings 1 1 Miscellaneous $ 410 $ 410 330 (80) Total revenues 410 410 332 (78) Expenditures Public Works 396 396 365 31 Total expenditures 396 396 365 31 Revenues over (under) expenditures 14 14 (33) (47) Net change in fund balance 14 14 (33) (47) Fund balances, beginning of year 145 145 145 0 Fund balances, end of year $ 159 $ 159 $ 112 $ (47)
150 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
#17 Light Maint District Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 16 $ 16 Investment & royalty earnings 7 7 Miscellaneous $ 5,000 $ 5,000 3,797 (1,203) Total revenues 5,000 5,000 3,820 (1,180) Expenditures Public Works 4,788 4,788 4,915 (127) Total expenditures 4,788 4,788 4,915 (127) Revenues over (under) expenditures 212 212 (1,095) (1,307) Net change in fund balance 212 212 (1,095) (1,307) Fund balances, beginning of year 2,087 2,087 2,087 0 Fund balances, end of year $ 2,299 $ 2,299 $ 992 $ (1,307)
#21 Light Maint District Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 4 $ 4 Investment & royalty earnings 1 1 Miscellaneous $ 524 $ 524 364 (160) Total revenues 524 524 369 (155) Expenditures Public Works 516 516 523 (7) Total expenditures 516 516 523 (7) Revenues over (under) expenditures 8 8 (154) (162) Net change in fund balance 8 8 (154) (162) Fund balances, beginning of year 207 207 207 0 Fund balances, end of year $ 215 $ 215 $ 53 $ (162)
151 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
#23 Light Maint District Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 104 $ 104 Investment & royalty earnings 21 21 Miscellaneous $ 18,744 $ 18,744 15,437 (3,307) Total revenues 18,744 18,744 15,562 (3,182) Expenditures Public Works 18,744 18,744 19,558 (814) Total expenditures 18,744 18,744 19,558 (814) Revenues over (under) expenditures 0 0 (3,996) (3,996) Net change in fund balance 0 0 (3,996) (3,996) Fund balances, beginning of year 6,206 6,206 6,206 0 Fund balances, end of year $ 6,206 $ 6,206 $ 2,210 $ (3,996)
Gibson Flats - O & M Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 6 $ 6 Investment & royalty earnings 147 147 Miscellaneous $ 47,740 $ 47,740 5,814 (41,926) Total revenues 47,740 47,740 5,967 (41,773) Expenditures Public Works 65,000 65,000 11 64,989 Total expenditures 65,000 65,000 11 64,989 Revenues over (under) expenditures (17,260) (17,260) 5,956 23,216 Net change in fund balance (17,260) (17,260) 5,956 23,216 Fund balances, beginning of year 47,321 47,321 47,321 0 Fund balances, end of year $ 30,061 $ 30,061 $ 53,277 $ 23,216
152 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Park Garden O & M Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 5 $ 5 Investment & royalty earnings 57 57 Miscellaneous $ 1,398 $ 1,398 1,442 44 Total revenues 1,398 1,398 1,504 106 Expenditures Public Works 4 (4) Total expenditures 0 0 4 (4) Revenues over (under) expenditures 1,398 1,398 1,500 102 Net change in fund balance 1,398 1,398 1,500 102 Fund balances, beginning of year 18,467 18,467 18,467 0 Fund balances, end of year $ 19,865 $ 19,865 $ 19,967 $ 102
Gannon/Flood Road O&M Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 52 $ 52 Miscellaneous $ 482 $ 482 (482) Total revenues 482 482 52 (430) Expenditures Public Works 1 (1) Total expenditures 0 0 1 (1) Revenues over (under) expenditures 482 482 51 (431) Net change in fund balance 482 482 51 (431) Fund balances, beginning of year 17,759 17,759 17,759 0 Fund balances, end of year $ 18,241 $ 18,241 $ 17,810 $ (431)
153 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Whitetail Lane O&M Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 25 $ 25 Investment & royalty earnings 16 16 Miscellaneous $ 3,257 $ 3,257 3,489 232 Total revenues 3,257 3,257 3,530 273 Expenditures Public Works 7,515 7,515 7,522 (7) Total expenditures 7,515 7,515 7,522 (7) Revenues over (under) expenditures (4,258) (4,258) (3,992) 266 Net change in fund balance (4,258) (4,258) (3,992) 266 Fund balances, beginning of year 7,938 7,938 7,938 0 Fund balances, end of year $ 3,680 $ 3,680 $ 3,946 $ 266
Alcohol Rehabilitation Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 180,994 $ 180,994 $ 160,500 $ (20,494) Total revenues 180,994 180,994 160,500 (20,494) Expenditures Public H & W 180,994 180,994 160,500 20,494 Total expenditures 180,994 180,994 160,500 20,494 Revenues over (under) expenditures 0 0 0 0 Net change in fund balance 0 0 0 0 Fund balances, beginning of year 0 0 0 0 Fund balances, end of year $ 0 $ 0 $ 0 $ 0
154 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Alcohol Traffic Safety Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 37,000 $ 37,000 $ 35,501 $ (1,499) Miscellaneous 100 100 0 Total revenues 37,000 37,100 35,601 (1,499) Expenditures Public Safety 60,702 54,806 29,459 25,347 Capital Outlay 5,996 5,996 0 Total expenditures 60,702 60,802 35,455 25,347 Revenues over (under) expenditures (23,702) (23,702) 146 23,848 Net change in fund balance (23,702) (23,702) 146 23,848 Fund balances, beginning of year 16,588 16,588 16,588 0 Fund balances, end of year $ (7,114) $ (7,114) $ 16,734 $ 23,848
Gasoline Tax Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 201,158 $ 201,158 $ 198,794 $ (2,364) Total revenues 201,158 201,158 198,794 (2,364) Expenditures General Government 153,556 153,556 153,556 0 Total expenditures 153,556 153,556 153,556 0 Revenues over (under) expenditures 47,602 47,602 45,238 (2,364) Transfers in (out) (45,000) (45,000) (45,000) 0 Net change in fund balance 2,602 2,602 238 (2,364) Fund balances, beginning of year 17,114 17,114 17,114 0 Fund balances, end of year $ 19,716 $ 19,716 $ 17,352 $ (2,364)
155 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Motor Vehicle Disposal Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Miscellaneous $ 56,557 $ 56,557 Total revenues 0 0 56,557 56,557 Expenditures Public H & W $ 111,643 $ 111,643 42,289 69,354 Total expenditures 111,643 111,643 42,289 69,354 Revenues over (under) expenditures (111,643) (111,643) 14,268 125,911 Transfers in (out) 60,000 60,000 60,000 0 Net change in fund balance (51,643) (51,643) 74,268 125,911 Fund balances, beginning of year 36,293 36,293 36,293 0 Fund balances, end of year $ (15,350) $ (15,350) $ 110,561 $ 125,911
Road Dept Clean-Up Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Total revenues 0 0 0 0 Expenditures Public Works $ 25,000 $ 25,000 $ 25,000 0 Total expenditures 25,000 25,000 25,000 0 Revenues over (under) expenditures (25,000) (25,000) (25,000) 0 Transfers in (out) 25,000 25,000 25,000 0 Net change in fund balance 0 0 0 0 Fund balances, beginning of year 103,778 103,778 103,778 0 Fund balances, end of year $ 103,778 $ 103,778 $ 103,778 $ 0
156 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
CDBG Sponsored Grants Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 82,104 $ 82,104 $ 73,103 $ (9,001) Total revenues 82,104 82,104 73,103 (9,001) Expenditures Public Works 82,104 82,104 73,103 9,001 Total expenditures 82,104 82,104 73,103 9,001 Revenues over (under) expenditures 0 0 0 0 Net change in fund balance 0 0 0 0 Fund balances, beginning of year 0 0 0 0 Fund balances, end of year $ 0 $ 0 $ 0 $ 0
Weed Trust Fund Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 72,580 $ 72,580 $ 68,403 $ (4,177) Total revenues 72,580 72,580 68,403 (4,177) Expenditures Public Works 73,980 73,980 69,803 4,177 Total expenditures 73,980 73,980 69,803 4,177 Revenues over (under) expenditures (1,400) (1,400) (1,400) 0 Net change in fund balance (1,400) (1,400) (1,400) 0 Fund balances, beginning of year 26,061 26,061 26,061 0 Fund balances, end of year $ 24,661 $ 24,661 $ 24,661 $ 0
157 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Sun River Valley Ditch Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Total revenues 0 0 0 0 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 0 0 Net change in fund balance 0 0 0 0 Fund balances, beginning of year $ 692 $ 692 $ 692 0 Fund balances, end of year $ 692 $ 692 $ 692 $ 0
Health Dept. State Grants Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 52,500 $ 52,500 $ 63,830 $ 11,330 Miscellaneous 41 225 184 Total revenues 52,500 52,541 64,055 11,514 Expenditures Public H & W 60,974 62,715 50,933 11,782 Total expenditures 60,974 62,715 50,933 11,782 Revenues over (under) expenditures (8,474) (10,174) 13,122 23,296 Net change in fund balance (8,474) (10,174) 13,122 23,296 Fund balances, beginning of year 15,974 15,974 15,974 0 Fund balances, end of year $ 7,500 $ 5,800 $ 29,096 $ 23,296
158 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
County Land Information Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 20,200 $ 20,200 $ 17,691 $ (2,509) Total revenues 20,200 20,200 17,691 (2,509) Expenditures General Government 30,854 30,854 20,972 9,882 Total expenditures 30,854 30,854 20,972 9,882 Revenues over (under) expenditures (10,654) (10,654) (3,281) 7,373 Net change in fund balance (10,654) (10,654) (3,281) 7,373 Fund balances, beginning of year (10,714) (10,714) (10,714) 0 Fund balances, end of year $ (21,368) $ (21,368) $ (13,995) $ 7,373
Community Decay Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Total revenues 0 0 0 0 Expenditures Public H & W $ 22 $ (22) Total expenditures 0 0 22 (22) Revenues over (under) expenditures 0 0 (22) (22) Net change in fund balance 0 0 (22) (22) Fund balances, beginning of year $ 59,489 $ 59,489 59,489 0 Fund balances, end of year $ 59,489 $ 59,489 $ 59,467 $ (22)
159 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Tobacco Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 72,000 $ 72,000 $ 72,000 0 Total revenues 72,000 72,000 72,000 0 Expenditures Public H & W 71,803 71,803 71,986 $ (183) Total expenditures 71,803 71,803 71,986 (183) Revenues over (under) expenditures 197 197 14 (183) Net change in fund balance 197 197 14 (183) Fund balances, beginning of year 192 192 192 0 Fund balances, end of year $ 389 $ 389 $ 206 $ (183)
DNRC Grants Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 116,496 $ 116,496 $ (116,496) Total revenues 116,496 116,496 0 (116,496) Expenditures Public Works 119,991 119,991 119,991 Total expenditures 119,991 119,991 0 119,991 Revenues over (under) expenditures (3,495) (3,495) 0 3,495 Net change in fund balance (3,495) (3,495) 0 3,495 Fund balances, beginning of year 0 0 0 0 Fund balances, end of year $ (3,495) $ (3,495) $ 0 $ 3,495
160 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Juv Det Center Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 9,300 $ 9,300 $ 9,615 $ 315 Charges for services 1,838,420 1,838,420 1,925,510 87,090 Miscellaneous 4,750 4,750 2,664 (2,086) Total revenues 1,852,470 1,852,470 1,937,789 85,319 Expenditures Public Safety 1,734,425 1,774,157 1,703,244 70,913 Capital Outlay 7,000 7,000 5,750 1,250 Total expenditures 1,741,425 1,781,157 1,708,994 72,163 Revenues over (under) expenditures 111,045 71,313 228,795 157,482 Transfers in (out) 47,840 47,840 47,840 0 Net change in fund balance 158,885 119,153 276,635 157,482 Fund balances, beginning of year 308,883 308,883 308,883 0 Fund balances, end of year $ 467,768 $ 428,036 $ 585,518 $ 157,482
Medical Alert - Aging Ser Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 800 $ 800 $ (800) Miscellaneous $ 694 694 Total revenues 800 800 694 (106) Expenditures Public H & W 800 800 706 94 Total expenditures 800 800 706 94 Revenues over (under) expenditures 0 0 (12) (12) Net change in fund balance 0 0 (12) (12) Fund balances, beginning of year 27,085 27,085 27,085 0 Fund balances, end of year $ 27,085 $ 27,085 $ 27,073 $ (12)
161 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Forest Reserve Title III Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 19,457 $ 19,457 $ 19,059 $ (398) Total revenues 19,457 19,457 19,059 (398) Expenditures Environmental Mgmt 69,466 69,466 69,466 Total expenditures 69,466 69,466 0 69,466 Revenues over (under) expenditures (50,009) (50,009) 19,059 69,068 Net change in fund balance (50,009) (50,009) 19,059 69,068 Fund balances, beginning of year 74,051 74,051 74,051 0 Fund balances, end of year $ 24,042 $ 24,042 $ 93,110 $ 69,068
County Attorney Grants Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 58,790 $ 58,790 $ 58,570 $ (220) Total revenues 58,790 58,790 58,570 (220) Expenditures General Government 96,761 96,761 46,281 50,480 Total expenditures 96,761 96,761 46,281 50,480 Revenues over (under) expenditures (37,971) (37,971) 12,289 50,260 Net change in fund balance (37,971) (37,971) 12,289 50,260 Fund balances, beginning of year 44,748 44,748 44,748 0 Fund balances, end of year $ 6,777 $ 6,777 $ 57,037 $ 50,260
162 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Crime Control-Juvenile Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 211,579 $ 211,579 $ 211,579 0 Total revenues 211,579 211,579 211,579 0 Expenditures Public Safety 211,581 211,581 211,581 0 Total expenditures 211,581 211,581 211,581 0 Revenues over (under) expenditures (2) (2) (2) 0 Net change in fund balance (2) (2) (2) 0 Fund balances, beginning of year 16,396 16,396 16,396 0 Fund balances, end of year $ 16,394 $ 16,394 $ 16,394 $ 0
Victim Witness Program Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Fines and forfeitures $ 40,000 $ 40,000 $ 23,356 $ (16,644) Total revenues 40,000 40,000 23,356 (16,644) Expenditures Public Safety 41,200 41,200 24,195 17,005 Total expenditures 41,200 41,200 24,195 17,005 Revenues over (under) expenditures (1,200) (1,200) (839) 361 Net change in fund balance (1,200) (1,200) (839) 361 Fund balances, beginning of year 2,382 2,382 2,382 0 Fund balances, end of year $ 1,182 $ 1,182 $ 1,543 $ 361
163 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Public Safety Grants Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 5,842 $ 5,842 $ 7,538 $ 1,696 Total revenues 5,842 5,842 7,538 1,696 Expenditures Public Safety 12,750 12,750 8,104 4,646 Total expenditures 12,750 12,750 8,104 4,646 Revenues over (under) expenditures (6,908) (6,908) (566) 6,342 Transfers in (out) 5,842 5,842 5,842 0 Net change in fund balance (1,066) (1,066) 5,276 6,342 Fund balances, beginning of year 268 268 268 0 Fund balances, end of year $ (798) $ (798) $ 5,544 $ 6,342
Commodity Food Dist Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 10,416 $ 50,366 $ 38,062 $ (12,304) Miscellaneous 40 40 Total revenues 10,416 50,366 38,102 (12,264) Expenditures Public H & W 31,203 65,365 45,359 20,006 Total expenditures 31,203 65,365 45,359 20,006 Revenues over (under) expenditures (20,787) (14,999) (7,257) 7,742 Transfers in (out) 15,000 15,000 0 Net change in fund balance (20,787) 1 7,743 7,742 Fund balances, beginning of year 48,766 48,766 48,766 0 Fund balances, end of year $ 27,979 $ 48,767 $ 56,509 $ 7,742
164 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Homeland Security Grants Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 92,860 $ 444,610 $ 205,599 $ (239,011) Total revenues 92,860 444,610 205,599 (239,011) Expenditures Public Safety 135,463 518,691 275,892 242,799 Capital Outlay 12,500 21,379 (8,879) Total expenditures 135,463 531,191 297,271 233,920 Revenues over (under) expenditures (42,603) (86,581) (91,672) (5,091) Transfers in (out) 27,906 142,027 94,137 (47,890) Net change in fund balance (14,697) 55,446 2,465 (52,981) Fund balances, beginning of year 2,648 2,648 2,648 0 Fund balances, end of year $ (12,049) $ 58,094 $ 5,113 $ (52,981)
OEA Defense Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Total revenues 0 0 0 0 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 0 0 Transfers in (out) $ 6,966 $ 6,966 Net change in fund balance 0 0 6,966 6,966 Fund balances, beginning of year $ (6,966) $ (6,966) (6,966) 0 Fund balances, end of year $ (6,966) $ (6,966) $ 0 $ 6,966
165 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Sponsored CTEP Grants Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 327,559 $ 327,559 $ 3,126 $ (324,433) Miscellaneous 37,897 37,897 (37,897) Total revenues 365,456 365,456 3,126 (362,330) Expenditures General Government 284,557 284,557 26,247 258,310 Capital Outlay 1,468,170 1,468,170 46,945 1,421,225 Total expenditures 1,752,727 1,752,727 73,192 1,679,535 Revenues over (under) expenditures (1,387,271) (1,387,271) (70,066) 1,317,205 Transfers in (out) 1,750,000 1,750,000 1,750,500 500 Net change in fund balance 362,729 362,729 1,680,434 1,317,705 Fund balances, beginning of year 9,231 9,231 9,231 0 Fund balances, end of year $ 371,960 $ 371,960 $ 1,689,665 $ 1,317,705
Community Grants Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 10,089 $ 43,277 $ 3,182 $ (40,095) Miscellaneous 2,656 3,299 1,998 (1,301) Total revenues 12,745 46,576 5,180 (41,396) Expenditures Public H & W 26,674 60,505 37,913 22,592 Total expenditures 26,674 60,505 37,913 22,592 Revenues over (under) expenditures (13,929) (13,929) (32,733) (18,804) Net change in fund balance (13,929) (13,929) (32,733) (18,804) Fund balances, beginning of year 1,080 1,080 1,080 0 Fund balances, end of year $ (12,849) $ (12,849) $ (31,653) $ (18,804)
166 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Public Health Emergency Prepared Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 108,470 $ 108,470 $ 108,470 0 Total revenues 108,470 108,470 108,470 0 Expenditures Public H & W 142,500 165,252 123,031 $ 42,221 Capital Outlay 22,752 0 Total expenditures 165,252 165,252 123,031 42,221 Revenues over (under) expenditures (56,782) (56,782) (14,561) 42,221 Net change in fund balance (56,782) (56,782) (14,561) 42,221 Fund balances, beginning of year 57,377 57,377 57,377 0 Fund balances, end of year $ 595 $ 595 $ 42,816 $ 42,221
Cancer Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 169,500 $ 194,500 $ 194,500 0 Miscellaneous 1,500 $ 1,500 Total revenues 169,500 194,500 196,000 1,500 Expenditures Public H & W 211,061 233,061 164,344 68,717 Total expenditures 211,061 233,061 164,344 68,717 Revenues over (under) expenditures (41,561) (38,561) 31,656 70,217 Net change in fund balance (41,561) (38,561) 31,656 70,217 Fund balances, beginning of year 40,466 40,466 40,466 0 Fund balances, end of year $ (1,095) $ 1,905 $ 72,122 $ 70,217
167 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Air Quality Control Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 13,734 $ 13,734 $ 13,734 0 Total revenues 13,734 13,734 13,734 0 Expenditures Environmental Mgmt 13,714 13,714 13,267 $ 447 Total expenditures 13,714 13,714 13,267 447 Revenues over (under) expenditures 20 20 467 447 Net change in fund balance 20 20 467 447 Fund balances, beginning of year 7,350 7,350 7,350 0 Fund balances, end of year $ 7,370 $ 7,370 $ 7,817 $ 447
EPA Grants Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 125,823 $ 125,823 $ 24,773 $ (101,050) Total revenues 125,823 125,823 24,773 (101,050) Expenditures Public H & W 105,644 94,862 24,783 70,079 Total expenditures 105,644 94,862 24,783 70,079 Revenues over (under) expenditures 20,179 30,961 (10) (30,971) Net change in fund balance 20,179 30,961 (10) (30,971) Fund balances, beginning of year (56) (56) (56) 0 Fund balances, end of year $ 20,123 $ 30,905 $ (66) $ (30,971)
168 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
W.I.C. Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 117,052 $ 379,591 $ 345,286 $ (34,305) Miscellaneous 2,847 2,847 Total revenues 117,052 379,591 348,133 (31,458) Expenditures Public H & W 111,466 374,005 333,634 40,371 Total expenditures 111,466 374,005 333,634 40,371 Revenues over (under) expenditures 5,586 5,586 14,499 8,913 Net change in fund balance 5,586 5,586 14,499 8,913 Fund balances, beginning of year 1 1 1 0 Fund balances, end of year $ 5,587 $ 5,587 $ 14,500 $ 8,913
Home Visiting - Federal Funds Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 534,154 $ 534,154 $ 518,121 $ (16,033) Miscellaneous 1,500 3,409 15,008 11,599 Total revenues 535,654 537,563 533,129 (4,434) Expenditures Public H & W 599,695 601,604 561,402 40,202 Total expenditures 599,695 601,604 561,402 40,202 Revenues over (under) expenditures (64,041) (64,041) (28,273) 35,768 Transfers in (out) 65,171 65,171 65,171 0 Net change in fund balance 1,130 1,130 36,898 35,768 Fund balances, beginning of year 19,544 19,544 19,544 0 Fund balances, end of year $ 20,674 $ 20,674 $ 56,442 $ 35,768
169 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Hiv Consortia Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 30,000 $ 30,000 $ 29,950 $ (50) Total revenues 30,000 30,000 29,950 (50) Expenditures Public H & W 30,000 30,000 29,997 3 Total expenditures 30,000 30,000 29,997 3 Revenues over (under) expenditures 0 0 (47) (47) Net change in fund balance 0 0 (47) (47) Fund balances, beginning of year 17 17 17 0 Fund balances, end of year $ 17 $ 17 $ (30) $ (47)
Fetal Alcohol Syndrome Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 335 $ 335 Charges for services $ 59,844 $ 59,844 12,839 (47,005) Total revenues 59,844 59,844 13,174 (46,670) Expenditures Public H & W 69,632 69,632 13,428 56,204 Total expenditures 69,632 69,632 13,428 56,204 Revenues over (under) expenditures (9,788) (9,788) (254) 9,534 Net change in fund balance (9,788) (9,788) (254) 9,534 Fund balances, beginning of year 9,910 9,910 9,910 0 Fund balances, end of year $ 122 $ 122 $ 9,656 $ 9,534
170 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Immunization Projects Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 16,920 $ 33,840 $ 33,840 0 Total revenues 16,920 33,840 33,840 0 Expenditures Public H & W 16,920 33,810 33,833 $ (23) Total expenditures 16,920 33,810 33,833 (23) Revenues over (under) expenditures 0 30 7 (23) Net change in fund balance 0 30 7 (23) Fund balances, beginning of year 7,494 7,494 7,494 0 Fund balances, end of year $ 7,494 $ 7,524 $ 7,501 $ (23)
Direct Services - Aging Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 250,477 $ 256,963 $ 256,963 0 Miscellaneous 26,950 26,950 33,675 $ 6,725 Total revenues 277,427 283,913 290,638 6,725 Expenditures Public H & W 326,406 319,092 283,729 35,363 Total expenditures 326,406 319,092 283,729 35,363 Revenues over (under) expenditures (48,979) (35,179) 6,909 42,088 Transfers in (out) 19,304 35,279 35,279 0 Net change in fund balance (29,675) 100 42,188 42,088 Fund balances, beginning of year 241,609 241,609 241,609 0 Fund balances, end of year $ 211,934 $ 241,709 $ 283,797 $ 42,088
171 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Aids/Hiv Testing Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 12,133 $ 24,266 $ 24,897 $ 631 Total revenues 12,133 24,266 24,897 631 Expenditures Public H & W 12,108 24,241 24,262 (21) Total expenditures 12,108 24,241 24,262 (21) Revenues over (under) expenditures 25 25 635 610 Net change in fund balance 25 25 635 610 Fund balances, beginning of year 2,758 2,758 2,758 0 Fund balances, end of year $ 2,783 $ 2,783 $ 3,393 $ 610
Contracted Services - Aging Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 133,707 $ 137,035 $ 139,242 $ 2,207 Total revenues 133,707 137,035 139,242 2,207 Expenditures Public H & W 135,224 138,552 124,290 14,262 Total expenditures 135,224 138,552 124,290 14,262 Revenues over (under) expenditures (1,517) (1,517) 14,952 16,469 Transfers in (out) 1,517 1,517 0 Net change in fund balance (1,517) 0 16,469 16,469 Fund balances, beginning of year 86,867 86,867 86,867 0 Fund balances, end of year $ 85,350 $ 86,867 $ 103,336 $ 16,469
172 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
Senior Nutrition -Aging Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 426,064 $ 450,038 $ 449,498 $ (540) Miscellaneous 225,000 233,000 232,288 (712) Total revenues 651,064 683,038 681,786 (1,252) Expenditures Public H & W 742,511 796,983 714,772 82,211 Total expenditures 742,511 796,983 714,772 82,211 Revenues over (under) expenditures (91,447) (113,945) (32,986) 80,959 Transfers in (out) 63,500 106,449 106,448 (1) Net change in fund balance (27,947) (7,496) 73,462 80,958 Fund balances, beginning of year 247,651 247,651 247,651 0 Fund balances, end of year $ 219,704 $ 240,155 $ 321,113 $ 80,958
ADRC - Aging Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 3,600 $ 3,600 $ 3,600 0 Total revenues 3,600 3,600 3,600 0 Expenditures Public H & W 3,699 3,699 2,882 $ 817 Total expenditures 3,699 3,699 2,882 817 Revenues over (under) expenditures (99) (99) 718 817 Net change in fund balance (99) (99) 718 817 Fund balances, beginning of year 19,524 19,524 19,524 0 Fund balances, end of year $ 19,425 $ 19,425 $ 20,242 $ 817
173 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
RSVP - Aging Services Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 9,468 $ 9,468 $ 9,468 0 Total revenues 9,468 9,468 9,468 0 Expenditures Public H & W 9,530 9,530 4,124 $ 5,406 Total expenditures 9,530 9,530 4,124 5,406 Revenues over (under) expenditures (62) (62) 5,344 5,406 Net change in fund balance (62) (62) 5,344 5,406 Fund balances, beginning of year 73,101 73,101 73,101 0 Fund balances, end of year $ 73,039 $ 73,039 $ 78,445 $ 5,406
Administrative - Aging Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 66,015 $ 73,707 $ 73,707 0 Charges for services 10,200 10,200 10,200 0 Miscellaneous 283 $ 283 Total revenues 76,215 83,907 84,190 283 Expenditures Public H & W 163,939 186,491 148,281 38,210 Total expenditures 163,939 186,491 148,281 38,210 Revenues over (under) expenditures (87,724) (102,584) (64,091) 38,493 Transfers in (out) 93,034 102,902 108,485 5,583 Net change in fund balance 5,310 318 44,394 44,076 Fund balances, beginning of year 5,398 5,398 5,398 0 Fund balances, end of year $ 10,708 $ 5,716 $ 49,792 $ 44,076
174 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Special Revenue Funds
For the Year Ended June 30, 2016
2342 - Fire Council Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Licenses and permits $ 8,080 $ 8,080 $ 8,120 $ 40 Investment & royalty earnings 26 26 Total revenues 8,080 8,080 8,146 66 Expenditures Public Safety 29,000 29,000 7,454 21,546 Total expenditures 29,000 29,000 7,454 21,546 Revenues over (under) expenditures (20,920) (20,920) 692 21,612 Transfers in (out) 22,000 22,000 (22,000) Net change in fund balance 1,080 1,080 692 (388) Fund balances, beginning of year 6,716 6,716 6,716 0 Fund balances, end of year $ 7,796 $ 7,796 $ 7,408 $ (388)
Foster Grandparents - Age Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Intergovernmental $ 200,951 $ 200,951 $ 194,080 $ (6,871) Miscellaneous 26,616 26,616 14,968 (11,648) Total revenues 227,567 227,567 209,048 (18,519) Expenditures Public H & W 239,952 239,952 224,874 15,078 Total expenditures 239,952 239,952 224,874 15,078 Revenues over (under) expenditures (12,385) (12,385) (15,826) (3,441) Transfers in (out) 20,000 5,000 5,000 0 Net change in fund balance 7,615 (7,385) (10,826) (3,441) Fund balances, beginning of year (1,830) (1,830) (1,830) 0 Fund balances, end of year $ 5,785 $ (9,215) $ (12,656) $ (3,441)
175
NONMAJOR DEBT SERVICE FUNDS
The debt service funds account for the accumulation of resources for the payment of principal and interest on general obligation debt and rural improvement district debt.
Fair Imp. G.O. Bonds - Established to account for levy revenues & debt service payments on the fairground improvement General Obligation bond issue. Adult Detention G.O. Bond- Established to account for levy revenues & debt service payments on the Adult Detention Center General Obligation bond issue. County Compensated Absences - Established to set aside monies for employees that are retiring or leaving the County. This money is used to pay for the employee's accrued vacation and sick leave. R.I.D. (Rural Special Improvement District) Revolving - Set up to establish a Rural Special Improvement District Revolving Fund. RID (Rural Special Improvement District) #39 - Sun Prairie Road - Monitor repayment of Rural Special Improvement District #39 Bond - Sun Prairie Road. RID (Rural Special Improvement District) #40 - Huckleberry Drive - Monitor repayment of Rural Special Improvement District #40 Bond - Huckleberry Drive. RID (Rural Special Improvement District) #41 -Park Garden Est.- Monitor repayment of Rural Special Improvement District #41Warrants- Park Garden Estates. Gannon/Flood Road RID (Rural Special Improvement District) - Monitor repayment of the Intercap loan for the district. Whitetail Lane RID (Rural Special Improvement District) - Monitor repayment of the Intercap loan for the district. Bob Marshal RID (Rural Special Improvement District) #53 - Monitor repayment of the Intercap loan for the district.
176 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Debt Service Funds
June 30, 2016
3030 - Adult 3200 - County 3020 - Fair Detention Compensated 3400 - Imp.G.O.Bonds G.O.Bond Absences R.I.D.Revolving
Assets Cash and investments $ 41,475 $ 47,414 $ 413,186 $ 43,642 Taxes receivable 2,487 16,107 10,395
Total assets $ 43,962 $ 63,521 $ 413,186 $ 54,037
Liabilities, deferred inflows, and fund balance Liabilities Due to other funds Total liabilities - - - -
Deferred inflow Deferred tax revenue 5,220 19,640 21,872 Total deferred inflow 5,220 19,640 21,872
Fund balances Restricted 413,186 Committed 43,882 Assigned 38,742 32,165 Unassigned (1) Total fund balances 38,742 43,881 413,186 32,165
Total liabilities, deferred inflows, and fund balance $ 43,962 $ 63,521 $ 413,186 $ 54,037
177 3539 - RID #39 3540 - RID #40 3541 - RID #41 3542 - 3543 - 3553 - Bob Total Non- Sun Prairie Huckleberry Park Garden Gannon/Flood Whitetail Lane Marshall RSID Major Debt Road Drive Est. Road RID RID #53 Service Funds
$ 43,801 $ 8,814 $ 8,293 $ $ $ 8,685 $ 615,310 (469) (36) (95) (17) 1 28,373
$ 43,332 $ 8,778 $ 8,293 $ (95) $ (17) $ 8,686 $ 643,683
9,641 244 9,885 - - - 9,641 244 - 9,885
16 46,748 16 46,748
413,186 4,380 882 829 755 50,728 38,953 7,896 7,464 7,915 133,135 (1) (9,736) (261) (9,999) 43,332 8,778 8,293 (9,736) (261) 8,670 587,050
$ 43,332 $ 8,778 $ 8,293 $ (95) $ (17) $ 8,686 $ 643,683
178 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Debt Service Funds
June 30, 2016
3030 - Adult 3200 - County 3020 - Fair Detention Compensated 3400 - Imp.G.O.Bonds G.O.Bond Absences R.I.D.Revolving Revenues Tax Revenue 10,972 537,239 Investment income 99 995 1,213 128 Other revenue 122 Total revenues 11,071 538,234 1,213 250
Expenditures Current General government 2,616 3,240 11,040 Debt service Principal 700,000 Interest 14,000 Total expenditures 2,616 717,240 0 11,040 Revenues over (under) expenditures 8,455 (179,006) 1,213 (10,790)
Other financing sources (uses) Transfers in 37,000 Total other financing sources (uses) 0 37,000 0 0
Net change in fund balances 8,455 (142,006) 1,213 (10,790)
Fund balances, beginning of year 30,287 185,887 411,973 42,955
Fund balances, end of year $ 38,742 $ 43,881 $ 413,186 $ 32,165
179 3539 - RID #39 3540 - RID #40 3541 - RID #41 3542 - 3543 - 3553 - Bob Total Non- Sun Prairie Huckleberry Park Garden Gannon/Flood Whitetail Lane Marshall RSID Major Debt Road Drive Est. Road RID RID #53 Service Funds
67 40 (15) 548,303 128 26 25 4 4 21 2,643 1,041 326 7,161 8,650 128 26 25 1,112 370 7,167 559,596
469 36 74 11 17,486
23,760 5,801 6,347 735,908 223 18 830 15,071 469 36 0 24,057 5,830 7,177 768,465 (341) (10) 25 (22,945) (5,460) (10) (208,869)
37,000 0 0 0 0 0 0 37,000
(341) (10) 25 (22,945) (5,460) (10) (171,869)
43,673 8,788 8,268 13,209 5,199 8,680 758,919
$ 43,332 $ 8,778 $ 8,293 $ (9,736) $ (261) $ 8,670 $ 587,050
180 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Debt Service Funds
For the Year Ended June 30, 2016
Fair Imp.G.O.Bonds Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 10,972 $ 10,972 Investment & royalty earnings 99 99 Total revenues 0 0 11,071 11,071 Expenditures General Government 2,616 (2,616) Total expenditures 0 0 2,616 (2,616) Revenues over (under) expenditures 0 0 8,455 8,455 Net change in fund balance 0 0 8,455 8,455 Fund balances, beginning of year $ 30,287 $ 30,287 30,287 0 Fund balances, end of year $ 30,287 $ 30,287 $ 38,742 $ 8,455
Adult Detention G.O.Bond Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 546,613 $ 546,613 $ 537,240 $ (9,373) Investment & royalty earnings 995 995 Total revenues 546,613 546,613 538,235 (8,378) Expenditures General Government 350 350 3,240 (2,890) Debt Service Principal 700,000 700,000 700,000 0 Interest 14,000 14,000 14,000 0 Total expenditures 714,350 714,350 717,240 (2,890) Revenues over (under) expenditures (167,737) (167,737) (179,005) (11,268) Transfers in (out) 37,000 37,000 Net change in fund balance (167,737) (167,737) (142,005) 25,732 Fund balances, beginning of year 185,887 185,887 185,887 0 Fund balances, end of year $ 18,150 $ 18,150 $ 43,882 $ 25,732
181 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Debt Service Funds
For the Year Ended June 30, 2016
County Compensated Absences Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 1,213 $ 1,213 Total revenues 0 0 1,213 1,213 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 1,213 1,213 Net change in fund balance 0 0 1,213 1,213 Fund balances, beginning of year $ 411,973 $ 411,973 411,973 0 Fund balances, end of year $ 411,973 $ 411,973 $ 413,186 $ 1,213
R.I.D.Revolving Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 128 $ 128 Miscellaneous 122 122 Total revenues 0 0 250 250 Expenditures General Government 11,040 (11,040) Total expenditures 0 0 11,040 (11,040) Revenues over (under) expenditures 0 0 (10,790) (10,790) Net change in fund balance 0 0 (10,790) (10,790) Fund balances, beginning of year $ 42,955 $ 42,955 42,955 0 Fund balances, end of year $ 42,955 $ 42,955 $ 32,165 $ (10,790)
182 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Debt Service Funds
For the Year Ended June 30, 2016
RID #39 Sun Prairie Road Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 129 $ 129 Total revenues 0 0 129 129 Expenditures General Government 469 (469) Total expenditures 0 0 469 (469) Revenues over (under) expenditures 0 0 (340) (340) Net change in fund balance 0 0 (340) (340) Fund balances, beginning of year $ 43,673 $ 43,673 43,673 0 Fund balances, end of year $ 43,673 $ 43,673 $ 43,333 $ (340)
RID #40 Huckleberry Drive Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 26 $ 26 Total revenues 0 0 26 26 Expenditures General Government 36 (36) Total expenditures 0 0 36 (36) Revenues over (under) expenditures 0 0 (10) (10) Net change in fund balance 0 0 (10) (10) Fund balances, beginning of year $ 8,788 $ 8,788 8,788 0 Fund balances, end of year $ 8,788 $ 8,788 $ 8,778 $ (10)
183 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Debt Service Funds
For the Year Ended June 30, 2016
RID #41 Park Garden Est. Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 24 $ 24 Total revenues 0 0 24 24 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 24 24 Net change in fund balance 0 0 24 24 Fund balances, beginning of year $ 8,268 $ 8,268 8,268 0 Fund balances, end of year $ 8,268 $ 8,268 $ 8,292 $ 24
Gannon/Flood Road RID Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 66 $ 66 Investment & royalty earnings 4 4 Miscellaneous $ 30,068 $ 30,068 1,041 (29,027) Total revenues 30,068 30,068 1,111 (28,957) Expenditures General Government 74 (74) Debt Service Principal 23,760 23,760 23,760 0 Interest 223 223 223 0 Total expenditures 23,983 23,983 24,057 (74) Revenues over (under) expenditures 6,085 6,085 (22,946) (29,031) Net change in fund balance 6,085 6,085 (22,946) (29,031) Fund balances, beginning of year 13,209 13,209 13,209 0 Fund balances, end of year $ 19,294 $ 19,294 $ (9,737) $ (29,031)
184 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Debt Service Funds
For the Year Ended June 30, 2016
Whitetail Lane RID Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ 40 $ 40 Investment & royalty earnings 4 4 Miscellaneous $ 5,612 $ 5,612 326 (5,286) Total revenues 5,612 5,612 370 (5,242) Expenditures General Government 11 (11) Debt Service Principal 5,765 5,765 5,801 (36) Interest 55 55 18 37 Total expenditures 5,820 5,820 5,830 (10) Revenues over (under) expenditures (208) (208) (5,460) (5,252) Net change in fund balance (208) (208) (5,460) (5,252) Fund balances, beginning of year 5,199 5,199 5,199 0 Fund balances, end of year $ 4,991 $ 4,991 $ (261) $ (5,252)
185 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Debt Service Funds
For the Year Ended June 30, 2016
Bob Marshall RSID #53 Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Tax revenue $ (15) $ (15) Investment & royalty earnings 21 21 Miscellaneous $ 6,904 $ 6,904 7,161 257 Total revenues 6,904 6,904 7,167 263 Expenditures Debt Service Principal 6,348 6,348 6,347 1 Interest 830 830 830 0 Total expenditures 7,178 7,178 7,177 1 Revenues over (under) expenditures (274) (274) (10) 264 Net change in fund balance (274) (274) (10) 264 Fund balances, beginning of year 8,680 8,680 8,680 0 Fund balances, end of year $ 8,406 $ 8,406 $ 8,670 $ 264
186
NONMAJOR CAPITAL PROJECTS FUNDS
The capital projects funds account for the financial resources to be used for the acquisition or construction of major capital facilities (other than those financed by proprietary and trust funds).
Capital Building Reserve - Set up to establish a capital building reserve for the County. Public Works Capital Project - Set up to establish a capital reserve for Public Works function. Fair Capital Reserve - Set up to establish a capital building reserve for the Montana Expo Park. Mosquito Capital Reserve - Set up to establish a capital building reserve for the Weed and Mosquito Department. Junk. Veh Capital Reserve - Set up to establish a capital building reserve for the Junk Vehicle Program. Health Capital Reserve - Set up to establish a capital building reserve for the City/County Health Department. Clinic Capital lmprovements - Set up to establish a capital building reserve for the Clinic. CTEP Capital Project - Set up to account for federal CTEP grants utilized for capital improvements to County facilities. ADC Capital Improvement - Set up to fund capital improvements for the Sheriffs Office and Adult Detention Center. Capital Improvement Grants - A fund utilized by the County for Capital Improvement grants tracking that will remain with the County.
187 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Capital Projects Funds
June 30, 2016
4011 - Capital 4015 - Public 4020 - Fair Building Works Capital Capital 4040 - Mosquito Reserve Project Reserve Capital Reserve
Assets Cash and investments $ 33,365 $ 365,914 $ 63 $ 1,787 Contract receivable 1,600,000 Accounts receivable 24,750 Other receivable 7,050
Total assets $ 1,633,365 $ 397,714 $ 63 $ 1,787
Liabilities and fund balances Liabilities Deferred revenue 7,131 Total liabilities - 7,131 - -
Fund balances Assigned 1,633,365 390,583 63 1,787 Total fund balances 1,633,365 390,583 63 1,787
Total liabilities and fund balances $ 1,633,365 $ 397,714 $ 63 $ 1,787
188 Total Non- 4060 - Junk 4070 - Health 4080 - Clinic 4140 - ADC Major Capital Veh Capital Capital Capital 4130 - CTEP Capital Projects Reserve Reserve Improvmnts Capital Project Improvement Funds
$ 52,876 $ 42,682 $ 1 $ 27 $ 91,748 $ 588,463 1,600,000 24,750 7,050
$ 52,876 $ 42,682 $ 1 $ 27 $ 91,748 $ 2,220,263
7,131 - - - - - 7,131
52,876 42,682 1 27 91,748 2,213,132 52,876 42,682 1 27 91,748 2,213,132
$ 52,876 $ 42,682 $ 1 $ 27 $ 91,748 $ 2,220,263
189 CASCADE COUNTY
Combining Statement of Revenues, Expenditures, and Changes in Fund Balance -- Nonmajor Capital Projects Funds
June 30, 2016
4011 - Capital 4015 - Public 4020 - Fair Building Works Capital Capital 4040 - Mosquito Reserve Project Reserve Capital Reserve Revenues Charges for goods and services 15,250 Data processing 559 Investment income 96,058 410 70 5 Other revenue 324,486 Total revenues 111,308 325,455 70 5
Expenditures Current Public works (60) Debt service Capital outlay 103,948 709,077 Total expenditures 103,948 709,017 0 0 Revenues over (under) expenditures 7,360 (383,562) 70 5
Other financing sources (uses) Transfers in 464,357 Transfers out (436,067) (80,000) (43,974) Sale of capital assets 48,548 Total other financing sources (uses) (436,067) 432,905 (43,974) 0
Net change in fund balances (428,707) 49,343 (43,904) 5
Fund balances, beginning of year 2,062,072 341,240 43,967 1,782
Fund balances, end of year $ 1,633,365 $ 390,583 $ 63 $ 1,787
190 Total Non- 4060 - Junk 4070 - Health 4080 - Clinic 4140 - ADC Major Capital Veh Capital Capital Capital 4130 - CTEP Capital Projects Reserve Reserve Improvmnts Capital Project Improvement Funds
15,250 559 291 125 484 97,443 324,486 291 125 0 0 484 437,738
(60)
262,212 1,075,237 0 0 0 0 262,212 1,075,177 291 125 0 0 (261,728) (637,439)
120,910 585,267 (60,000) (12,600) (632,641) 48,548 (60,000) 0 0 0 108,310 1,174
(59,709) 125 0 0 (153,418) (636,265)
112,585 42,557 1 27 245,166 2,849,397
$ 52,876 $ 42,682 $ 1 $ 27 $ 91,748 $ 2,213,132
191 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Capital Projects Funds
For the Year Ended June 30, 2016
Capital Building Reserve Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 15,250 $ 15,250 Investment & royalty earnings 96,058 96,058 Miscellaneous $ 506,000 $ 506,000 (506,000) Total revenues 506,000 506,000 111,308 (394,692) Expenditures Public Works 30,000 30,000 30,000 Capital Outlay 460,000 222,932 103,948 118,984 Total expenditures 490,000 252,932 103,948 148,984 Revenues over (under) expenditures 16,000 253,068 7,360 (245,708) Transfers in (out) (199,000) (436,068) (436,067) 1 Net change in fund balance (183,000) (183,000) (428,707) (245,707) Fund balances, beginning of year 2,062,072 2,062,072 2,062,072 0 Fund balances, end of year $ 1,879,072 $ 1,879,072 $ 1,633,365 $ (245,707)
192 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Capital Projects Funds
For the Year Ended June 30, 2016
Public Works Capital Project Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Charges for services $ 31,322 $ 31,322 $ (31,322) Tax revenue $ 559 559 Investment & royalty earnings 410 410 Miscellaneous 17,322 52,322 324,486 272,164 Total revenues 48,644 83,644 325,455 241,811 Expenditures Public Works (60) 60 Capital Outlay 751,000 770,357 709,077 61,280 Total expenditures 751,000 770,357 709,017 61,340 Revenues over (under) expenditures (702,356) (686,713) (383,562) 303,151 Transfers in (out) 400,000 868,357 384,357 (484,000) Gain/Loss on Disposal of Asset 52,531 52,531 48,548 (3,983) Net change in fund balance (249,825) 234,175 49,343 (184,832) Fund balances, beginning of year 341,240 341,240 341,240 0 Fund balances, end of year $ 91,415 $ 575,415 $ 390,583 $ (184,832)
193 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Capital Projects Funds
For the Year Ended June 30, 2016
Fair Capital Reserve Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 70 $ 70 Miscellaneous $ 15,744 $ 15,744 (15,744) Total revenues 15,744 15,744 70 (15,674) Expenditures Capital Outlay 15,744 15,744 15,744 Total expenditures 15,744 15,744 0 15,744 Revenues over (under) expenditures 0 0 70 70 Transfers in (out) (43,974) (43,974) 0 Net change in fund balance 0 (43,974) (43,904) 70 Fund balances, beginning of year 43,967 43,967 43,967 0 Fund balances, end of year $ 43,967 $ (7) $ 63 $ 70
Mosquito Capital Reserve Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 5 $ 5 Total revenues 0 0 5 5 Expenditures Capital Outlay $ 1,777 $ 1,777 1,777 Total expenditures 1,777 1,777 0 1,777 Revenues over (under) expenditures (1,777) (1,777) 5 1,782 Net change in fund balance (1,777) (1,777) 5 1,782 Fund balances, beginning of year 1,782 1,782 1,782 0 Fund balances, end of year $ 5 $ 5 $ 1,787 $ 1,782
194 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Capital Projects Funds
For the Year Ended June 30, 2016
Junk Veh Capital Reserve Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 291 $ 291 Total revenues 0 0 291 291 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 291 291 Transfers in (out) $ (60,000) $ (60,000) (60,000) 0 Net change in fund balance (60,000) (60,000) (59,709) 291 Fund balances, beginning of year 112,585 112,585 112,585 0 Fund balances, end of year $ 52,585 $ 52,585 $ 52,876 $ 291
Health Capital Reserve Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 125 $ 125 Total revenues 0 0 125 125 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 125 125 Net change in fund balance 0 0 125 125 Fund balances, beginning of year $ 42,557 $ 42,557 42,557 0 Fund balances, end of year $ 42,557 $ 42,557 $ 42,682 $ 125
195 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Capital Projects Funds
For the Year Ended June 30, 2016
Clinic Capital Improvmnts Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Total revenues 0 0 0 0 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 0 0 Net change in fund balance 0 0 0 0 Fund balances, beginning of year $ 1 $ 1 $ 1 0 Fund balances, end of year $ 1 $ 1 $ 1 $ 0
CTEP Capital Project Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Total revenues 0 0 0 0 Expenditures Total expenditures 0 0 0 0 Revenues over (under) expenditures 0 0 0 0 Net change in fund balance 0 0 0 0 Fund balances, beginning of year $ 27 $ 27 $ 27 0 Fund balances, end of year $ 27 $ 27 $ 27 $ 0
196 CASCADE COUNTY
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Non-Major Capital Projects Funds
For the Year Ended June 30, 2016
ADC Capital Improvement Variance with Budget - Original Favorable Budget Final Budget Actual (Unfavorable) Revenues Investment & royalty earnings $ 484 $ 484 Total revenues 0 0 484 484 Expenditures Capital Outlay $ 365,910 $ 353,310 262,212 91,098 Total expenditures 365,910 353,310 262,212 91,098 Revenues over (under) expenditures (365,910) (353,310) (261,728) 91,582 Transfers in (out) 120,910 108,310 108,310 0 Net change in fund balance (245,000) (245,000) (153,418) 91,582 Fund balances, beginning of year 245,166 245,166 245,166 0 Fund balances, end of year $ 166 $ 166 $ 91,748 $ 91,582
197
INTERNAL SERVICE FUNDS
The internal service funds account for the financing of goods or services provided by one department or agency to other departments or agencies of the County on a cost reimbursement basis.
Intra-Governmental Gasoline - Established to track interdepartmental gasoline usage. County Printer - Established to provide for printing services to County departments. Self Insurance - Established to account for County revenue and payments to self insured health insurance plan. Fleet Maintenance - This fund was established to track the costs of the County's fleet maintenance department and the activities of the painter and carpenter.
198 CASCADE COUNTY
Combining Statements of Net Position -- Internal Service Funds
June 30, 2016
6010 - Intra- 6020 - Govmntl- County 6050 - Self Gasoline Printer Insurance Assets Current assets Cash and investments $ 140,087 $ 114,468 $ 3,471 Accounts receivable 694 Inventory Advances to other funds 1,276,924 Total current assets 140,087 115,162 1,280,395 Noncurrent assets Capital assets, net 28,029 Total noncurrent assets 0 28,029 0 Total assets 140,087 143,191 1,280,395 Deferred outflows of resources Deferred outflows related to pensions 0 3,626 0 Total deferred outflows of resources 0 3,626 0
Liabilities Current liabilities Accounts payable 1,298 Accrued Payroll 2,101 Due to other funds Total current liabilities 0 3,399 0 Noncurrent liabilities Notes payable Compensated absences 7,078 Net pension liability 50,397 Total noncurrent liabilities 0 57,475 0 Total liabilities 0 60,874 0 Deferred inflows of resources Deferred inflows related to pensions 0 6,145 0 Total deferred inflows of resources 0 6,145 0 Net position Net investment in capital assets 28,029 Unrestricted 140,087 51,769 1,280,395 Total net position $ 140,087 $ 79,798 $ 1,280,395
See Accompanying Notes to the Financial Statements. 199 6040 - MACO EE Health, Total Internal Dental, Service 6051 - Fleet Vision Funds
$ 6,053 $ $ 264,079 694 14,777 14,777 1,276,924 20,830 0 1,556,474
1,887,469 1,915,498 1,887,469 0 1,915,498 1,908,299 0 3,471,972
33,508 0 37,134 33,508 0 37,134
24,708 22 26,028 20,661 7,555 30,317 2,276,072 9,233 2,285,305 2,321,441 16,810 2,341,650
503,988 503,988 68,890 75,968 465,593 515,990 1,038,471 0 1,095,946 3,359,912 16,810 3,437,596
57,192 0 63,337 57,192 0 63,337
1,383,481 1,411,510 (2,858,778) (16,810) (1,403,337) $ (1,475,297) $ (16,810) $ 8,173
See Accompanying Notes to the Financial Statements. 200 CASCADE COUNTY
Combining Statement of Revenues, Expenses, and Changes in Net Position -- Internal Service Funds
June 30, 2016
6010 - Intra- 6020 - Govmntl- County 6050 - Self Gasoline Printer Insurance Operating revenues Internal services $ $ 188,552 $ On-behalf payments related to pensions 1,242 Miscellaneous revenues Total operating revenues 0 189,794 0 Operating expenses Operating expenses 32,801 Personal services 64,530 Supplies 18,902 Travel and training 796 Office supplies Utilities and telephone 285 Insurance 158 (273) Professional fees 2,981 Depreciation 12,937 Total operating expenses 0 133,390 (273) Operating income (loss) 0 56,404 273 Non-operating revenues Interest and investment income 178 7,033 Debt service interest (expense) Gain (loss) on sale of assets Total non-operating revenues 0 178 7,033 Income (loss) before capital contributions 56,582 7,306 Transfers in (out) (41,267) 2,658 Change in net position (41,267) 59,240 7,306 Total net position, beginning of year 181,354 20,558 1,273,089 Total net position, end of year $ 140,087 $ 79,798 $ 1,280,395
201 6040 - MACO EE Health, Total Internal Dental, Service 6051 - Fleet Vision Funds
$ 806,780 $ 3,295,712 $ 4,291,044 11,396 12,638 10,240 10,240 828,416 3,295,712 4,313,922
19,564 52,365 626,185 690,715 86,881 105,783 23,994 24,790 598 598 178,166 178,451 93,382 3,326,081 3,419,348 1,012 3,993 593,036 605,973 1,622,818 3,326,081 5,082,016 (794,402) (30,369) (768,094)
11 7,222 (8,627) (8,627) 60,901 60,901 52,274 11 59,496 (742,128) (30,358) (708,598) 121,267 82,658 (620,861) (30,358) (625,940) (854,436) 13,548 634,113 $ (1,475,297) $ (16,810) $ 8,173
202 CASCADE COUNTY
Statement of Cash Flows- Internal Service Funds
Year Ended June 30, 2016
6010 - Intra- Govmntl- Gasoline Cash flows from operating activities Cash received from interfund services provided $ Cash paid to employees Cash paid to suppliers Net cash provided (used) by operating activities 0 Cash flows from investing activities Interest received Net cash provided by investing activities 0 Cash flows from non-capital financing activities Cash (paid) to or received from other funds Operating transfers in/(out) Net cash provided for non-capital financing activities 0 Cash flows from capital and related financing activities Proceeds from sale of property and equipment Acquisition of capital assets Principal payments on long-term debt Interest payments on long-term debt Net cash (used) by capital and related financing activities 0 Net increase in cash and cash equivalents 0 Cash and cash equivalents, beginning of year 140,087 Cash and cash equivalents, end of year $ 140,087
Reconciliation of operating income (loss) to net cash provided (used) by operating activities Operating income (loss) $ Adjustments to reconcile operating income (loss) to net cash provided by operating activities Depreciation Changes in working capital components (Increase) decrease in accounts receivable (Increase) decrease in inventory Increase (decrease) in deferred outflows (Increase) decrease in accounts payable Increase (decrease) in accrued liabilities Increase (decrease) in wages payable Increase (decrease) in compensated absences Increase (decrease) in pension liability Increase (decrease) in deferred inflows Net cash provided (used) by operating activities $ 0
Schedule of noncash capital and related financing activities Capital asset transferred (to) from other funds $ (41,267) Capital asset acquired from trade ins 203 6040 - MACO 6020 - EE Health, Total Internal County 6050 - Self Dental, Service Printer Insurance 6051 - Fleet Vision Funds
$ 189,606 $ $ 830,981 $ 3,299,976 $ 4,320,563 (63,398) (615,859) (679,257) (55,912) (17) (404,907) (3,338,843) (3,799,679) 70,296 (17) (189,785) (38,867) (158,373)
178 7,033 11 7,222 178 7,033 0 11 7,222
(172,451) 778,747 (91,589) 514,707 2,658 168,906 80,000 251,564 2,658 (3,545) 858,747 (91,589) 766,271
30,331 30,331 (435,857) (435,857) (248,756) (248,756) (8,627) (8,627) 0 0 (662,909) 0 (662,909) 73,132 3,471 6,053 (130,445) (47,789) 41,336 0 0 130,445 311,868 $ 114,468 $ 3,471 $ 6,053 $ 0 $ 264,079
$ 56,404 $ 273 $ (794,402) $ (30,369) $ (768,094)
12,937 593,036 605,973
1,054 21,709 4,264 27,027 (7,748) (7,748) (92) (843) (935) 906 (290) 4,082 (18,589) (13,891) (894) (5,391) (6,285) 410 3,797 5,827 10,034 1,451 13,221 14,672 3,971 36,446 40,417 (5,851) (53,692) (59,543) $ 70,296 $ (17) $ (189,785) $ (38,867) $ (158,373)
$ 41,267 $ 0 $ 33,800 $ 33,800 204 TRUST AND AGENCY FUNDS
The trust and agency funds account for assets held by the County in a trustee capacity or as an agent for individuals, private organizations, other governments, and/or other funds. Agency funds are custodial in nature and do not involve measurement of results of operations.
Private Purpose Trust Funds Sheriff Prisoner Fund - Maintain inmate funds. Sheriff lnmate Welfare - Maintain inmate revenue and expenditure. Justice Court New Trust - Receipt and disbursement of bonds and restitution. Justice Court Old Trust - Receipt and disbursement of bonds and restitution. Clerk of Court New Trust -To account for monies that are collected by the district court. Clerk of Court Restitution - Receipt and disbursement of adult restitution. Cty Atty Restitution Acct - Receipt and disbursement of adult restitution through the County Attorneys office. C.C Emergency Aid - Anonymous donations that can only be used to help indigent citizens. Clerk & Recorder Trust - Trust to account for proceeds from foreclosure sales.
Agency Funds Sheriff Evidence Fund - Account for cash evidence. Sheriff- Coroner - Collection for serving civil legal documents and related disseminations to alimony and judgment holders. Extension - Receipts and disbursement of extension community development programs. Warrant Clearing Fund - Utilized to account for warrants that have not cleared the bank yet. Protested Taxes - To hold protested tax payments until distributed. Protested Taxes - Interest - To account for interest gained on protested taxes. Public Administrator ---- Used by public administrator for services in connection with position. Redemptions - To record tax sale certificates on delinquent taxes. District Court Trust - Child support receipts and disbursements. Construction Lien Bond - To account for interest held until released by District Court. Partial Tax Payments -To account for partial tax payments until ready for distribution. Tax Deed Land - To account for funds acquired through sale of land that was seized for non-payment of taxes. Black Eagle Sewer #24 - Collection and disbursement of assessment fees for the district. Black Eagle Water - Collection and disbursement of assessment fees for the district. Fort Shaw Irrigation - Collection and disbursement of assessment fees for the district. Greenfield Irrigation - Collection and disbursement of assessment fees for the district. W GtFalls Flood Control -Collection and disbursement of assessment fees for the West Great Falls district. WGF Flood-Maintenance - Collection and disbursement of assessment fees for the West Great Falls district. Vaughn Dike - Collection and disbursement of assessment fees for the district. Tax Increment District - Collection and disbursement of assessment fees for the district. Belt Fire District #18 - Collection and disbursement of assessment fees for the district. Homestead Water - Collection and disbursement of assessment fees for the district. Sun Prairie Water Distr. - Collection and disbursement of assessment fees for the district. Sun River Cemetery - Collection and disbursement of assessment fees for the district. Black Eagle Fire District #I -Collection and disbursement of assessment fees for the district. Black Eagle Sewer Operation - Collection and disbursement of assessment fees for the district.
205 TRUST AND AGENCY FUNDS - CONTINUED
Simms Sewer- Collection and disbursement of assessment fees for the district. Conservation District - Collection and disbursement of assessment fees for the district. Per Med Levy Transit District - Collect money to pay increased health insurance costs for transit employees. Transit - Collection and disbursement of assessment fees for the district. North Central Learning Re - To account for funding for the center. Upper/Lower River Road - To account for funding for the Upper/Lower River Road Water & Sewer District. Search and Rescue - To account for funding for the Search and Rescue team. Gore Hill Fire - Collection and disbursement of assessment fees for the district. Sand Coulee Fire - Collection and disbursement of assessment fees for the district. Simms Fire - Collection and disbursement of assessment fees for the district. Stockett Fire - Collection and disbursement of assessment fees for the district. Ulm Fire - Collection and disbursement of assessment fees for the district. Vaughn Fire - Collection and disbursement of assessment fees for the district. Fort Shaw Fire - Collection and disbursement of assessment fees for the district. Monarch Rural Fire - Collection and disbursement of assessment fees for the district. Black Eagle Rural Fire - Collection and disbursement of assessment fees for the district. Dearborn Fire District - Collection and disbursement of assessment fees for the district. Cascade Fire - Collection and disbursement of assessment fees for the district. Sun River Fire - Collection and disbursement of assessment fees for the district. Single Moving/Sp. Mov Equipment - Money collected for moving a mobile home. JP Fines/Forfeitures 50% - To account for collection of Justice of the Peace fines and forfeitures. Court Information Technol - To account for collection of court surcharge for court information technology. Clerk of Court Fees (I 00%) - To account for collection of Clerk of Court fees. Petition for Adoptions $75 - To account for fees collected in regards to adoptions. Actions or Proceedings -To account for fees collected in actions and proceedings. Dissolution of Marriage -To account for fees collected in regards to divorces. Fines. Assess.Pmt.Forfeit -To account for fines collected in District Court. Mt Law Enforcement Acad -To account for money collected for the Law Enforcement Academy. Family Intervention - To account for money collected for family interventions in the court system. Victims Of Domestic Viol - To account for money collected for Victims of domestic violence program in the court system. University Millage - To account for collection of University millage property tax. University Mill Non-Levy - Non mill levy collections for university millage. Tax Inc. District - University - Money collected for university millage in the tax increment district. State Equalization - AV Tax- To account for collection of statewide equalization levy (40 mills). State Equalization - NoLevy - Non mill levy collections for state equalization of schools. Elementary Equal AV Tax - To account for elementary education ad valorem tax. Elementary Equal - Non Levy - Non mill levy collections for elementary equalization of schools. High School Equal - AV Tax - To account for high school ad valorem tax. High School Equal - NonLevy - Non mill levy collections for high school equalization. Vo-Tech Millage - AV Tax - To account for collection of Vo-Tech millage. Vo-Tech Millage - Non Levy - Non mill levy collections for Vo-Tech.
206
TRUST AND AGENCY FUNDS - CONTINUED
Montana Land Information - To account for money collected for Montana Lands. Forest Fire - To account for collection of forester's FPRA (Fire Protection Tax). SID #I Great Falls - All collections for School District #I. SID #3 Cascade - All collections for School District #3. SID #5 Centerville - All collections for School District #5. SID #29 Belt - All collections for School District #29. SID #55 Sun River - All collections for School District #55. SID #74 Vaughn - All collections for School District #74. SID #85 Ulm - All collections for School District #85. SID #95 Dep Creek - All collections for School District #95. High Schl Transportation - To account for cash collected for and distributed to Schools for transportation needs. High School Retirement - Funds collected to be invested in the High School teachers' retirement system. Elementary Retirement - Funds collected to be invested in the Elementary School teachers' retirement system. Airport TID City of OF - To account for funding for the Airport tax increment district Swimming Pool Debt Svc - Funds collected to pay bond for swimming pool improvements. Soccer Mill Levy - Funds collected to be invested in Soccer Park. Per Med Levy Gr Falls - Established to pay increased health insurance costs for City of Great Falls employees. City of Great Falls - To account for collection of miscellaneous remittance from the City of Great Falls. G.F. City Fire Balances - To account for collection of miscellaneous remittance for the City of Great Falls fire balances. Town of Belt - To account for collection of miscellaneous remittance from the town of Belt. Per Med Levy Cascade - Established to pay increased health insurance costs for employees of the Town of Cascade. Town of Cascade - To account for collection of miscellaneous remittance from the town of Cascade. Town of Neihart - To account for collection of miscellaneous remittance from the town of Neihart. Manchester RID -To account for moneys of the Manchester tax increment district. Refunds - To account for real estate tax refunds. Entitlement Levy Clearing - Tax revenues collected for the entitlement levy and entitlement funds from the state.
207 CASCADE COUNTY
Combining Statements of Net Position -- Private Purpose Trust Funds
June 30, 2016
7052 - 7053 - Hr 7054 - Justice 7050 - Sheriff Sheriff's Payoll Tax Court New Prisoner Fund Canteen Deposits Trust Assets Current assets Cash and investments $ 18 $ $ 104 $ 9,965 Total assets 18 0 104 9,965 Liabilities Accrued expenses 104 Due to other governments Total liabilities 0 0 104 0 Net position Held in trust for pool participants 18 9,965 Total net position $ 18 $ 0 $ 0 $ 9,965
208 CASCADE COUNTY
Combining Statements of Net Position -- Private Purpose Trust Funds
June 30, 2016
7058 - Cty 7055 - Justice 7056 - Clerk 7057 - Clerk Atty 7090 - C.c. Court Old Of Court New Of Crt Restitution 7060 - Jury 7061 - Sheriff Emergency Trust Trust Restitution Acct Fund Commissary Aid Fund
$ 1,359 $ 124,022 $ 30,500 $ 4,210 $ 16,523 $ 6,978 $ 100 1,359 124,022 30,500 4,210 16,523 6,978 100
1,359 1,050 1,359 0 0 1,050 0 0 0
124,022 30,500 3,160 16,523 6,978 100 $ 0 $ 124,022 $ 30,500 $ 3,160 $ 16,523 $ 6,978 $ 100
209
CASCADE COUNTY
Combining Statements of Net Position -- Private Purpose Trust Funds
June 30, 2016
7095 - Clerk & Total Private Recorder Purpose Trust Trust Funds Assets Current assets Cash and investments $ 216,534 $ 410,313 Total assets 216,534 410,313 Liabilities Accrued expenses 104 Due to other governments 2,409 Total liabilities 0 2,513 Net position Held in trust for pool participants 216,534 407,800 Total net position $ 216,534 $ 407,800
210 CASCADE COUNTY
Combining Statement of Changes in Fiduciary Net Position -- Private Purpose Trust Funds
June 30, 2016
7052 - 7053 - Hr 7054 - Justice 7050 - Sheriff Sheriff's Payoll Tax Court New Prisoner Fund Canteen Deposits Trust Additions Investment income $ $ $ $ Miscellaneous revenue 404,668 Court fines 741,744 Total additions 404,668 0 0 741,744
Deductions Other purchased services Reparations and inmate withdrawals 407,958 763,922 Total deductions 407,958 0 0 763,922
Transfers in (out) (11,300) Change in net position held in trust (14,590) 0 0 (22,178)
Net position, beginning of year 14,608 32,143
Net position, end or year $ 18 $ 0 $ 0 $ 9,965
211 CASCADE COUNTY
Combining Statement of Changes in Fiduciary Net Position -- Private Purpose Trust Funds
June 30, 2016
7058 - Cty 7055 - Justice 7056 - Clerk 7057 - Clerk Atty 7090 - C.c. Court Old Of Court New Of Crt Restitution 7060 - Jury 7061 - Sheriff Emergency Trust Trust Restitution Acct Fund Commissary Aid Fund
$ $ $ $ $ $ $ 78,706 648,009 33,612 0 648,009 0 0 33,612 78,706 0
33,523 609,756 83,028 0 609,756 0 0 33,523 83,028 0
11,300 0 38,253 0 0 89 6,978 0
85,769 30,500 3,160 16,434 100 $ 0 $ 124,022 $ 30,500 $ 3,160 $ 16,523 $ 6,978 $ 100
212
CASCADE COUNTY
Combining Statement of Changes in Fiduciary Net Position -- Private Purpose Trust Funds
June 30, 2016
7095 - Clerk & Total Private Recorder Purpose Trust Trust Funds Additions Investment income $ $ Miscellaneous revenue 66,992 550,366 Court fines 1,423,365 Total additions 66,992 1,973,731
Deductions Other purchased services 39,781 73,304 Reparations and inmate withdrawals 1,864,664 Total deductions 39,781 1,937,968
Transfers in (out) 0 Change in net position held in trust 27,211 35,763
Net position, beginning of year 189,323 372,037
Net position, end or year $ 216,534 $ 407,800
213 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7120 - Treasurer's 7102 - Sheriff 7105 - Sheriff Clearing Evidence Fund - Civil Fund Assets Cash and investments $ 55,426 $ 6,611 $ 701,228 Restricted cash Holdings in external investment pool Accounts receivable Other receivables Taxes/assessments receivable 18 Total assets $ 55,426 $ 6,611 $ 701,246
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 55,426 6,611 701,246 Total liabilities $ 55,426 $ 6,611 $ 701,246
214 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7131 - 7130 - Protested 7160 - 7170 - Partial Protested Taxes- 7140 - Public 7150 - District Court Tax Taxes Interest Administrator Redemptions Trust Payments
$ $ 10,651 $ 32,910 $ 78,003 $ 33,084 $ 8,959
97,368 15,325
387,741
$ 485,109 $ 25,976 $ 32,910 $ 78,003 $ 33,084 $ 8,959
$ $ $ 32,910 $ 78,003 $ 33,084 $ 320,047 165,062 25,976 8,959 $ 485,109 $ 25,976 $ 32,910 $ 78,003 $ 33,084 $ 8,959
215 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7220 - Black 7230 - Fort Eagle Sewer 7221 - Black Shaw #24 Eagle Water Irrigation Assets Cash and investments $ 2,155 $ $ 45,816 Restricted cash Holdings in external investment pool 65,922 Accounts receivable Other receivables Taxes/assessments receivable 13,482 2,594 5,325 Total assets $ 15,637 $ 2,594 $ 117,063
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 15,637 2,594 117,063 Total liabilities $ 15,637 $ 2,594 $ 117,063
216 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7240 - 7250 - W 7252 - WGF 7270 - Tax 7271 - Greenfield GtFalls Flood Flood- 7260 - Increment Malting Plant 7272 - West Irrigation Control Maintenance Vaughn Dike District TID Bank TID
$ 14,071 $ 9,220 $ 78,260 $ 9,367 $ $ 44,531 $ 2,613 8,672 13,266 125,080 13,477
8,091 2,926 364 1,704 4 $ 22,162 $ 22,486 $ 214,938 $ 23,208 $ 1,704 $ 44,531 $ 2,617
$ $ $ $ 46 $ $ $
22,162 22,486 214,938 23,162 1,704 44,531 2,617 $ 22,162 $ 22,486 $ 214,938 $ 23,208 $ 1,704 $ 44,531 $ 2,617
217 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7280 - Belt 7295 - Sun 7300 - Sun Fire District Prairie Water River #18 Distr. Cemetery Assets Cash and investments $ 5,492 $ 1,817 $ 2,411 Restricted cash Holdings in external investment pool 7,902 2,614 3,469 Accounts receivable Other receivables Taxes/assessments receivable 2,794 661 Total assets $ 16,188 $ 4,431 $ 6,541
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 16,188 4,431 6,541 Total liabilities $ 16,188 $ 4,431 $ 6,541
218 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7310 - Black 7320 - Black 7340 - 7349 - Per 7361 - Eagle Fire Eagle Sewer 7330 - Simms Conservation Med Levy Upper/Lower Dist. #1 Oper. Sewer District Transit River Road 7350 - Transit
$ 91,195 $ 107 $ 1,190 $ 2,029 $ 16,102 $ 211 $ 1,879,833
131,214 23,168 2,704,747
1,654 493 2,592 4,842 4,150 212 44,336 $ 224,063 $ 600 $ 3,782 $ 6,871 $ 43,420 $ 423 $ 4,628,916
$ $ $ $ $ $ $
224,063 600 3,782 6,871 43,420 423 4,628,916 $ 224,063 $ 600 $ 3,782 $ 6,871 $ 43,420 $ 423 $ 4,628,916
219 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7360 - Northcentral 7364 - Search 7372 - Gore Learning Re and Rescue Hill Fire Assets Cash and investments $ 65,233 $ 1,296 $ 333 Restricted cash Holdings in external investment pool 93,858 Accounts receivable Other receivables Taxes/assessments receivable 1,333 2,639 Total assets $ 159,091 $ 2,629 $ 2,972
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 159,091 2,629 2,972 Total liabilities $ 159,091 $ 2,629 $ 2,972
220 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7379 - 7373 - Sand 7374 - Simms 7375 - 7376 - Ulm 7377 - 7378 - Fort Monarch Coulee Fire Fire Stockett Fire Fire Vaughn Fire Shaw Fire Rural Fire
$ 1,021 $ 235 $ $ 382 $ 1,478 $ $ 70
20,625 2,400 5,265 7,900 45,075 4,005 1,040 $ 21,646 $ 2,635 $ 5,265 $ 8,282 $ 46,553 $ 4,005 $ 1,110
$ $ $ $ $ $ $
21,646 2,635 5,265 8,282 46,553 4,005 1,110 $ 21,646 $ 2,635 $ 5,265 $ 8,282 $ 46,553 $ 4,005 $ 1,110
221 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7380 - Black 7381 - Eagle Rural Deerborn 7382 - Fire Fire District Cascade Fire Assets Cash and investments $ 1,402 $ 158 $ Restricted cash Holdings in external investment pool Accounts receivable Other receivables Taxes/assessments receivable 28,470 3,660 225 Total assets $ 29,872 $ 3,818 $ 225
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 29,872 3,818 225 Total liabilities $ 29,872 $ 3,818 $ 225
222 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7416 - Single 7451 - 7461 - Clerk 7462 - 7463 - 7458 - Court 7383 - Sun Moving/Sp.M J.P.Fines/For of Court Petition for Actions or Information River Fire ov Equp feitures 50% Fees(100%) Adoption $75 Proceedings Technology
$ 388 $ $ 19,242 $ $ $ $ 6,800
4,575 $ 4,963 $ 0 $ 19,242 $ 0 $ 0 $ 0 $ 6,800
$ $ $ $ $ $ $
4,963 19,242 6,800 $ 4,963 $ 0 $ 19,242 $ 0 $ 0 $ 0 $ 6,800
223 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7467 - Mt 7464 - 7466 - Law Dissoulution Fines,Assess Enforcement of Marriage ,Pmt,Forfeit Acad Assets Cash and investments $ $ $ 4,351 Restricted cash Holdings in external investment pool Accounts receivable Other receivables Taxes/assessments receivable Total assets $ 0 $ 0 $ 4,351
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 4,351 Total liabilities $ 0 $ 0 $ 4,351
224 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7471 - 7522 - Victims Of 7521 - University 7523 - Tax 7527 - State 7528 - State 7529 - Domestic University Mill-Non Inc Dist- Equalization- Equalization- Elementary Viol Millage Levy University AV Tax NoLevy Equal-AV Tax
$ 405 $ 13,149 $ 243 $ 491 $ 87,661 $ 1,619 $ 72,320
28,488 358 187,527 156,867 $ 405 $ 41,637 $ 243 $ 849 $ 275,188 $ 1,619 $ 229,187
$ $ $ $ $ $ $
405 41,637 243 849 275,188 1,619 229,187 $ 405 $ 41,637 $ 243 $ 849 $ 275,188 $ 1,619 $ 229,187
225 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7530 - 7532 - High Elementary 7531 - High School Equal-Non School Equal- Levy Equal-AV Tax NonLevy Assets Cash and investments $ 1,336 $ 48,214 $ 890 Restricted cash Holdings in external investment pool Accounts receivable Other receivables Taxes/assessments receivable 104,489 Total assets $ 1,336 $ 152,703 $ 890
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 1,336 152,703 890 Total liabilities $ 1,336 $ 152,703 $ 890
226 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7551 - 7533 - Vo- 7534 - Vo- Montana 7553 - Death 7701 - Great 7702 - Great Tech Millage- Tech Millage- Land Certificates - 7564 - Forest Falls Falls High AV Tax Non Levy Information DOL Fire Elementary Schools
$ 3,287 $ 60 $ 1,840 $ 1,263 $ 46 $ 455,521 $ 341,793
2,192 1,305
7,128 213 480,995 237,721 $ 10,415 $ 60 $ 4,032 $ 2,568 $ 259 $ 936,516 $ 579,514
$ $ $ $ $ $ $
10,415 60 4,032 2,568 259 936,516 579,514 $ 10,415 $ 60 $ 4,032 $ 2,568 $ 259 $ 936,516 $ 579,514
227 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7703 - 7704 - 7705 - Cascade Cascade Centerville Elementary High School Elementary Assets Cash and investments $ 129,846 $ 69,281 $ 262,332 Restricted cash Holdings in external investment pool 87,664 99,683 377,449 Accounts receivable Other receivables Taxes/assessments receivable 20,180 17,227 52,517 Total assets $ 237,690 $ 186,191 $ 692,298
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 237,690 186,191 692,298 Total liabilities $ 237,690 $ 186,191 $ 692,298
228 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7706 - 7273 - New 7755 - Sun 7756 - Sun 7774 - Centerville 7729 - Belt 7730 - Belt Downtown River River Valley Vaughn High School Elementary High School TID Elementary High School Elementary
$ 242,740 $ 408,834 $ 441,392 $ $ 238,886 $ 231,177 $ 137,698
349,260 588,240 635,085 343,715 332,623 198,123
30,180 42,931 33,361 32,064 39,150 40,202 20,827 $ 622,180 $ 1,040,005 $ 1,109,838 $ 32,064 $ 621,751 $ 604,002 $ 356,648
$ $ $ $ $ $ $
622,180 1,040,005 1,109,838 32,064 621,751 604,002 356,648 $ 622,180 $ 1,040,005 $ 1,109,838 $ 32,064 $ 621,751 $ 604,002 $ 356,648
229 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7820 - High 7830 - High 7785 - Ulm Schl School Elementary Transportation Retirement Assets Cash and investments $ 153,034 $ 32,350 $ 32,428 Restricted cash Holdings in external investment pool 220,189 46,547 46,658 Accounts receivable Other receivables Taxes/assessments receivable 7,123 17,594 74,131 Total assets $ 380,346 $ 96,491 $ 153,217
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 380,346 96,491 153,217 Total liabilities $ 380,346 $ 96,491 $ 153,217
230 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7847 - 7840 - 7846 - Swimming 7849 - Per 7851 - Elementary AIRPORT TID Pool Debt 7848 - Soccer Med Levy Gr 7850 - City of G.F.City Fire Retirement CITY OF GF Svc Mill levy Falls Great Falls Balances
$ 56,322 $ 5,913 $ 4,775 $ 3,016 $ 35,186 $ 445,660 $ 4,431
81,037
132,503 272 8,239 5,503 55,538 656,540 15,826 $ 269,862 $ 6,185 $ 13,014 $ 8,519 $ 90,724 $ 1,102,200 $ 20,257
$ $ $ $ $ $ $
269,862 6,185 13,014 8,519 90,724 1,102,200 20,257 $ 269,862 $ 6,185 $ 13,014 $ 8,519 $ 90,724 $ 1,102,200 $ 20,257
231 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7859 - Per 7869 - Per Med Levy 7860 - Town Med Levy Belt Of Belt Cascade Assets Cash and investments $ 52 $ 3,104 $ 92 Restricted cash Holdings in external investment pool Accounts receivable Other receivables Taxes/assessments receivable 120 12,472 252 Total assets $ 172 $ 15,576 $ 344
Liabilities Accounts payable $ $ $ Due to other funds Due to other governments 172 15,576 344 Total liabilities $ 172 $ 15,576 $ 344
232 CASCADE COUNTY
Combining Balance Sheets -- Agency Funds
June 30, 2016
7950 - 7900 - Entitlement 7870 - Town 7880 - Town MANCHESTE 7901 - MT Levy Total Agency Of Cascade of Neihart R TID Milling TID Clearing Funds
$ 3,771 $ 644 $ 69,504 $ 29,109 $ $ 7,307,396 8,672 100,004 41,883 6,845,570 3,497 387,741 5,332 3,698 1,346 63,376 2,815,744 $ 9,103 $ 4,342 $ 170,854 $ 70,992 $ 63,376 $ 17,368,620
$ $ $ $ $ $ 144,043 320,047 9,103 4,342 170,854 70,992 63,376 16,904,530 $ 9,103 $ 4,342 $ 170,854 $ 70,992 $ 63,376 $ 17,368,620
233 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7102 - Sheriff Evidence Fund Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 54,333 $ 4,901 $ 3,808 $ 55,426 Total assets $ 54,333 $ 4,901 $ 3,808 $ 55,426
Liabilities Due to other governments 54,333 4,901 3,808 55,426 Total liabilities $ 54,333 $ 4,901 $ 3,808 $ 55,426
7105 - Sheriff - Civil Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 6,838 $ 10,547 $ 10,774 $ 6,611 Total assets $ 6,838 $ 10,547 $ 10,774 $ 6,611
Liabilities Due to other governments 6,838 10,547 10,774 6,611 Total liabilities $ 6,838 $ 10,547 $ 10,774 $ 6,611
7120 - Treasurer's Clearing Fund Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 714,286 $122,509,377 $122,522,435 $ 701,228 Taxes/assessments receivable 11,437 11,419 18 Total assets $ 714,286 $122,520,814 $122,533,854 $ 701,246
Liabilities Due to other governments 714,286 114,650,444 114,663,484 701,246 Total liabilities $ 714,286 $114,650,444 $114,663,484 $ 701,246
7130 - Protested Taxes Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 249,130 $ 1,707,811 $ 1,956,941 $ Holdings in external investment pool 1,043,911 97,368 1,043,911 97,368 Due from other governments 387,741 387,741 Total assets $ 1,293,041 $ 2,192,920 $ 3,000,852 $ 485,109
Liabilities Due to other funds 320,047 320,047 Due to other governments 1,293,041 565,030 1,693,009 165,062 Total liabilities $ 1,293,041 $ 885,077 $ 1,693,009 $ 485,109 234 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7131 - Protested Taxes-Interest Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 14,427 $ 63,044 $ 66,820 $ 10,651 Holdings in external investment pool 60,453 15,325 60,453 15,325 Total assets $ 74,880 $ 78,369 $ 127,273 $ 25,976
Liabilities Due to other governments 74,880 7,686 56,890 25,676 Total liabilities $ 74,880 $ 7,686 $ 56,890 $ 25,676
7140 - Public Administrator Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 34,948 $ 100 $ 2,138 $ 32,910 Total assets $ 34,948 $ 100 $ 2,138 $ 32,910
Liabilities Accounts payable $ 34,948 $ 100 $ 2,138 $ 32,910 Total liabilities $ 34,948 $ 100 $ 2,138 $ 32,910
7150 - Redemptions Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 116,378 $ 686,397 $ 724,772 $ 78,003 Total assets $ 116,378 $ 686,397 $ 724,772 $ 78,003
Liabilities Accounts payable $ 116,378 $ 872,858 $ 911,233 $ 78,003 Total liabilities $ 116,378 $ 872,858 $ 911,233 $ 78,003
7160 - District Court Trust Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 33,084 $ $ $ 33,084 Total assets $ 33,084 $ 0 $ 0 $ 33,084
Liabilities Accounts payable $ 33,084 $ $ $ 33,084 Total liabilities $ 33,084 $ 0 $ 0 $ 33,084
235 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7170 - Partial Tax Payments Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 17,814 $ 7,210 $ 16,065 $ 8,959 Total assets $ 17,814 $ 7,210 $ 16,065 $ 8,959
Liabilities Other liabilities 17,814 7,210 16,065 8,959 Total liabilities $ 17,814 $ 7,210 $ 16,065 $ 8,959
7220 - Black Eagle Sewer #24 Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 8,680 $ 193,883 $ 200,408 $ 2,155 Taxes/assessments receivable 14,390 173,951 174,859 13,482 Total assets $ 23,070 $ 367,834 $ 375,267 $ 15,637
Liabilities Due to other governments 23,070 190,005 197,438 15,637 Total liabilities $ 23,070 $ 190,005 $ 197,438 $ 15,637
7221 - Black Eagle Water Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and cash equivalents $ 262 $ 4,388 $ 4,650 $ Taxes/assessments receivable 3,537 3,142 4,085 2,594 Total assets $ 3,799 $ 7,530 $ 8,735 $ 2,594
Liabilities Due to other governments 3,799 6,982 8,187 2,594 Total liabilities $ 3,799 $ 6,982 $ 8,187 $ 2,594
236 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7230 - Fort Shaw Irrigation Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 13,410 $ 325,419 $ 293,013 $ 45,816 Holdings in external investment pool 56,189 65,922 56,189 65,922 Taxes/assessments receivable 12,450 257,600 264,725 5,325 Total assets $ 82,049 $ 648,941 $ 613,927 $ 117,063
Liabilities Due to other governments 82,049 274,555 239,541 117,063 Total liabilities $ 82,049 $ 274,555 $ 239,541 $ 117,063
7240 - Greenfield Irrigation Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 17,557 $ 369,640 $ 373,126 $ 14,071 Taxes/assessments receivable 5,298 370,823 368,030 8,091 Total assets $ 22,855 $ 740,463 $ 741,156 $ 22,162
Liabilities Due to other governments 22,855 377,731 378,424 22,162 Total liabilities $ 22,855 $ 377,731 $ 378,424 $ 22,162
7250 - W GtFalls Flood Control Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 4,320 $ 18,167 $ 13,267 $ 9,220 Holdings in external investment pool 18,101 13,266 18,101 13,266 Total assets $ 22,421 $ 31,433 $ 31,368 $ 22,486
Liabilities Due to other governments 22,421 65 22,486 Total liabilities $ 22,421 $ 65 $ 0 $ 22,486
237 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7252 - WGF Flood-Maintenance Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 34,874 $ 256,037 $ 203,979 $ 86,932 Holdings in external investment pool 146,130 125,080 146,130 125,080 Taxes/assessments receivable 2,156 99,986 99,216 2,926 Total assets $ 183,160 $ 481,103 $ 449,325 $ 214,938
Liabilities Due to other governments 183,160 102,833 71,055 214,938 Total liabilities $ 183,160 $ 102,833 $ 71,055 $ 214,938
7260 - Vaughn Dike Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 4,055 $ 19,705 $ 14,393 $ 9,367 Holdings in external investment pool 16,991 13,477 16,991 13,477 Taxes/assessments receivable 389 2,540 2,565 364 Total assets $ 21,435 $ 35,722 $ 33,949 $ 23,208
Liabilities Accounts payable $ $ 45 $ $ 45 Due to other governments 21,435 3,078 1,350 23,163 Total liabilities $ 21,435 $ 3,123 $ 1,350 $ 23,208
7270 - Tax Increment District Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Taxes/assessments receivable 1,704 1,704 Total assets $ 1,704 $ 0 $ 0 $ 1,704
Liabilities Due to other governments 1,704 3,750 3,750 1,704 Total liabilities $ 1,704 $ 3,750 $ 3,750 $ 1,704
238 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7271 - Malting Plant TID Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ $ 371,360 $ 326,829 $ 44,531 Taxes/assessments receivable 39,740 287,089 326,829 Total assets $ 39,740 $ 658,449 $ 653,658 $ 44,531
Liabilities Due to other governments 39,740 371,360 366,569 44,531 Total liabilities $ 39,740 $ 371,360 $ 366,569 $ 44,531
7272 - West Bank TID Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ $ 363,821 $ 361,208 $ 2,613 Taxes/assessments receivable 5,306 396,850 402,152 4 Total assets $ 5,306 $ 760,671 $ 763,360 $ 2,617
Liabilities Due to other governments 5,306 363,825 366,514 2,617 Total liabilities $ 5,306 $ 363,825 $ 366,514 $ 2,617
7273 - New Downtown TID Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 454 $ 169,153 $ 169,607 $ Taxes/assessments receivable 42,017 257,284 267,237 32,064 Total assets $ 42,471 $ 426,437 $ 436,844 $ 32,064
Liabilities Due to other governments 42,471 201,218 211,625 32,064 Total liabilities $ 42,471 $ 201,218 $ 211,625 $ 32,064
239 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7280 - Belt Fire District #18 Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 6,975 $ 110,037 $ 111,520 $ 5,492 Holdings in external investment pool 29,228 7,902 29,228 7,902 Taxes/assessments receivable 1,814 81,568 80,586 2,796 Total assets $ 38,017 $ 199,507 $ 221,334 $ 16,190
Liabilities Due to other governments 38,017 83,605 105,432 16,190 Total liabilities $ 38,017 $ 83,605 $ 105,432 $ 16,190
7295 - Sun Prairie Water Distr. Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 851 $ 3,580 $ 2,614 $ 1,817 Holdings in external investment pool 3,567 2,614 3,567 2,614 Total assets $ 4,418 $ 6,194 $ 6,181 $ 4,431
Liabilities Due to other governments 4,418 13 4,431 Total liabilities $ 4,418 $ 13 $ 0 $ 4,431
7300 - Sun River Cemetery Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 1,096 $ 16,979 $ 15,664 $ 2,411 Holdings in external investment pool 4,591 3,469 4,591 3,469 Taxes/assessments receivable 827 10,246 10,412 661 Total assets $ 6,514 $ 30,694 $ 30,667 $ 6,541
Liabilities Due to other governments 6,514 13,057 13,030 6,541 Total liabilities $ 6,514 $ 13,057 $ 13,030 $ 6,541
240 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7310 - Black Eagle Fire Dist. #1 Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 39,332 $ 214,336 $ 162,473 $ 91,195 Holdings in external investment pool 164,809 131,214 164,809 131,214 Taxes/assessments receivable 2,312 47,618 48,276 1,654 Total assets $ 206,453 $ 393,168 $ 375,558 $ 224,063
Liabilities Due to other governments 206,453 51,181 33,571 224,063 Total liabilities $ 206,453 $ 51,181 $ 33,571 $ 224,063
7320 - Black Eagle Sewer Oper. Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 312 $ 14,960 $ 15,165 $ 107 Taxes/assessments receivable 265 14,821 14,593 493 Total assets $ 577 $ 29,781 $ 29,758 $ 600
Liabilities Due to other governments 577 15,452 15,429 600 Total liabilities $ 577 $ 15,452 $ 15,429 $ 600
7330 - Simms Sewer Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 732 $ 26,756 $ 26,298 $ 1,190 Taxes/assessments receivable 2,880 26,496 26,784 2,592 Total assets $ 3,612 $ 53,252 $ 53,082 $ 3,782
Liabilities Due to other governments 3,612 29,348 29,178 3,782 Total liabilities $ 3,612 $ 29,348 $ 29,178 $ 3,782
241 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7340 - Conservation District Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 8,580 $ 160,773 $ 167,324 $ 2,029 Taxes/assessments receivable 5,970 151,063 152,191 4,842 Total assets $ 14,550 $ 311,836 $ 319,515 $ 6,871
Liabilities Due to other governments 14,550 165,616 173,295 6,871 Total liabilities $ 14,550 $ 165,616 $ 173,295 $ 6,871
242 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7349 - Per Med Levy Transit Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 3,922 $ 159,898 $ 147,718 $ 16,102 Holdings in external investment pool 16,436 23,168 16,436 23,168 Taxes/assessments receivable 7,352 144,786 147,988 4,150 Total assets $ 27,710 $ 327,852 $ 312,142 $ 43,420
Liabilities Due to other governments 27,710 147,612 131,902 43,420 Total liabilities $ 27,710 $ 147,612 $ 131,902 $ 43,420
7361 - Upper/Lower River Road Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 63 $ 434 $ 287 $ 210 Taxes/assessments receivable 418 206 212 Total assets $ 481 $ 434 $ 493 $ 422
Liabilities Due to other governments 481 646 705 422 Total liabilities $ 481 $ 646 $ 705 $ 422
7350 - Transit Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 768,728 $ 7,106,303 $ 5,995,198 $ 1,879,833 Holdings in external investment pool 3,221,139 2,704,747 3,221,139 2,704,747 Taxes/assessments receivable 68,152 1,502,197 1,526,013 44,336 Total assets $ 4,058,019 $ 11,313,247 $ 10,742,350 $ 4,628,916
Liabilities Due to other governments 4,058,019 3,929,555 3,358,658 4,628,916 Total liabilities $ 4,058,019 $ 3,929,555 $ 3,358,658 $ 4,628,916
243 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7360 - Northcentral Learning Re Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 45,582 $ 786,308 $ 766,657 $ 65,233 Holdings in external investment pool 190,997 93,858 190,997 93,858 Total assets $ 236,579 $ 880,166 $ 957,654 $ 159,091
Liabilities Due to other governments 236,579 595,311 672,799 159,091 Total liabilities $ 236,579 $ 595,311 $ 672,799 $ 159,091
7364 - Search and Rescue Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 4,368 $ 45,170 $ 48,242 $ 1,296 Taxes/assessments receivable 2,555 45,962 47,184 1,333 Total assets $ 6,923 $ 91,132 $ 95,426 $ 2,629
Liabilities Due to other governments 6,923 46,503 50,797 2,629 Total liabilities $ 6,923 $ 46,503 $ 50,797 $ 2,629
7372 - Gore Hill Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 46 $ 170,962 $ 170,675 $ 333 Taxes/assessments receivable 2,077 171,155 170,593 2,639 Total assets $ 2,123 $ 342,117 $ 341,268 $ 2,972
Liabilities Due to other governments 2,122 173,601 172,751 2,972 Total liabilities $ 2,122 $ 173,601 $ 172,751 $ 2,972
244 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7373 - Sand Coulee Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 790 $ 94,345 $ 94,114 $ 1,021 Taxes/assessments receivable 14,775 99,675 93,825 20,625 Total assets $ 15,565 $ 194,020 $ 187,939 $ 21,646
Liabilities Due to other governments 15,565 114,970 108,889 21,646 Total liabilities $ 15,565 $ 114,970 $ 108,889 $ 21,646
7374 - Simms Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 327 $ 16,912 $ 17,004 $ 235 Taxes/assessments receivable 1,425 17,850 16,875 2,400 Total assets $ 1,752 $ 34,762 $ 33,879 $ 2,635
Liabilities Due to other governments 1,752 19,311 18,428 2,635 Total liabilities $ 1,752 $ 19,311 $ 18,428 $ 2,635
7375 - Stockett Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 371 $ 747 $ 1,118 $ Taxes/assessments receivable 5,130 855 720 5,265 Total assets $ 5,501 $ 1,602 $ 1,838 $ 5,265
Liabilities Due to other governments 5,501 6,012 6,248 5,265 Total liabilities $ 5,501 $ 6,012 $ 6,248 $ 5,265
245 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7376 - Ulm Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 404 $ 63,777 $ 63,799 $ 382 Taxes/assessments receivable 4,650 66,750 63,500 7,900 Total assets $ 5,054 $ 130,527 $ 127,299 $ 8,282
Liabilities Due to other governments 5,054 71,676 68,448 8,282 Total liabilities $ 5,054 $ 71,676 $ 68,448 $ 8,282
7377 - Vaughn Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 1,378 $ 141,796 $ 141,696 $ 1,478 Taxes/assessments receivable 25,275 160,275 140,475 45,075 Total assets $ 26,653 $ 302,071 $ 282,171 $ 46,553
Liabilities Due to other governments 26,653 186,871 166,971 46,553 Total liabilities $ 26,653 $ 186,871 $ 166,971 $ 46,553
7378 - Fort Shaw Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 81 $ 19,069 $ 19,150 $ Taxes/assessments receivable 2,280 20,700 18,975 4,005 Total assets $ 2,361 $ 39,769 $ 38,125 $ 4,005
Liabilities Due to other governments 2,361 23,074 21,430 4,005 Total liabilities $ 2,361 $ 23,074 $ 21,430 $ 4,005
7379 - Monarch Rural Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 135 $ 28,276 $ 28,341 $ 70 Taxes/assessments receivable 910 28,470 28,340 1,040 Total assets $ 1,045 $ 56,746 $ 56,681 $ 1,110
Liabilities Due to other governments 1,045 29,317 29,252 1,110 Total liabilities $ 1,045 $ 29,317 $ 29,252 $ 1,110 246 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7380 - Black Eagle Rural Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 498 $ 160,693 $ 159,789 $ 1,402 Taxes/assessments receivable 17,670 170,750 159,950 28,470 Total assets $ 18,168 $ 331,443 $ 319,739 $ 29,872
Liabilities Due to other governments 18,168 189,163 177,459 29,872 Total liabilities $ 18,168 $ 189,163 $ 177,459 $ 29,872
7381 - Deerborn Fire District Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 889 $ 53,576 $ 54,307 $ 158 Taxes/assessments receivable 2,760 41,723 40,823 3,660 Total assets $ 3,649 $ 95,299 $ 95,130 $ 3,818
Liabilities Due to other governments 3,649 57,236 57,067 3,818 Total liabilities $ 3,649 $ 57,236 $ 57,067 $ 3,818
7382 - Cascade Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 291 $ 20,916 $ 21,207 $ Taxes/assessments receivable 225 20,925 20,925 225 Total assets $ 516 $ 41,841 $ 42,132 $ 225
Liabilities Due to other governments 516 21,141 21,432 225 Total liabilities $ 516 $ 21,141 $ 21,432 $ 225
247 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7383 - Sun River Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 327 $ 32,244 $ 32,183 $ 388 Taxes/assessments receivable 2,700 33,975 32,100 4,575 Total assets $ 3,027 $ 66,219 $ 64,283 $ 4,963
Liabilities Due to other governments 3,027 36,819 34,883 4,963 Total liabilities $ 3,027 $ 36,819 $ 34,883 $ 4,963
7416 - Single Moving/Sp.Mov Equp Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 1,156 $ $ 1,156 $ Total assets $ 1,156 $ 0 $ 1,156 $ 0
Liabilities Due to other governments 1,156 1,156 Total liabilities $ 1,156 $ 0 $ 1,156 $ 0
7451 - J.P.Fines/Forfeitures 50% Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 1,868 $ 286,492 $ 269,118 $ 19,242 Total assets $ 1,868 $ 286,492 $ 269,118 $ 19,242
Liabilities Due to other governments 1,868 286,492 269,118 19,242 Total liabilities $ 1,868 $ 286,492 $ 269,118 $ 19,242
7461 - Clerk of Court Fees(100%) Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 15,189 $ 173,706 $ 188,895 $ Total assets $ 15,189 $ 173,706 $ 188,895 $ 0
Liabilities Due to other governments 15,189 173,706 188,895 Total liabilities $ 15,189 $ 173,706 $ 188,895 $ 0
248 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7462 - Petition for Adoption $75 Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 525 $ 6,375 $ 6,900 $ Total assets $ 525 $ 6,375 $ 6,900 $ 0
Liabilities Due to other governments 525 6,375 6,900 Total liabilities $ 525 $ 6,375 $ 6,900 $ 0
7463 - Actions or Proceedings Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 8,640 $ 92,430 $ 101,070 $ Total assets $ 8,640 $ 92,430 $ 101,070 $ 0
Liabilities Due to other governments 8,640 92,430 101,070 Total liabilities $ 8,640 $ 92,430 $ 101,070 $ 0
7458 - Court Information Technology Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 7,522 $ 109,478 $ 110,200 $ 6,800 Total assets $ 7,522 $ 109,478 $ 110,200 $ 6,800
Liabilities Due to other governments 7,522 109,478 110,200 6,800 Total liabilities $ 7,522 $ 109,478 $ 110,200 $ 6,800
7464 - Dissoulution of Marriage Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 5,100 $ 53,890 $ 58,990 $ Total assets $ 5,100 $ 53,890 $ 58,990 $ 0
Liabilities Due to other governments 5,100 53,890 58,990 Total liabilities $ 5,100 $ 53,890 $ 58,990 $ 0
249 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7466 - Fines,Assess,Pmt,Forfeit Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 375 $ 58,850 $ 59,225 $ Total assets $ 375 $ 58,850 $ 59,225 $ 0
Liabilities Due to other governments 375 58,850 59,225 Total liabilities $ 375 $ 58,850 $ 59,225 $ 0
7467 - Mt Law Enforcement Acad Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 2,235 $ 55,871 $ 53,755 $ 4,351 Total assets $ 2,235 $ 55,871 $ 53,755 $ 4,351
Liabilities Due to other governments 2,235 55,871 53,755 4,351 Total liabilities $ 2,235 $ 55,871 $ 53,755 $ 4,351
7468 - Family Intervention Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 1,053 $ 8,619 $ 9,672 $ Total assets $ 1,053 $ 8,619 $ 9,672 $ 0
Liabilities Due to other governments 1,053 8,619 9,672 Total liabilities $ 1,053 $ 8,619 $ 9,672 $ 0
250 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7470 - Available State Agency 54 Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 150 $ $ 150 $ Total assets $ 150 $ 0 $ 150 $ 0
Liabilities Due to other governments 150 150 Total liabilities $ 150 $ 0 $ 150 $ 0
7471 - Victims Of Domestic Viol Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ $ 7,923 $ 7,518 $ 405 Total assets $ 0 $ 7,923 $ 7,518 $ 405
Liabilities Due to other governments 7,923 7,518 405 Total liabilities $ 0 $ 7,923 $ 7,518 $ 405
7521 - University Millage Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 52,964 $ 887,152 $ 926,967 $ 13,149 Taxes/assessments receivable 36,021 898,169 905,702 28,488 Total assets $ 88,985 $ 1,785,321 $ 1,832,669 $ 41,637
Liabilities Due to other governments 88,985 915,639 962,987 41,637 Total liabilities $ 88,985 $ 915,639 $ 962,987 $ 41,637
7522 - University Mill-Non Levy Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 196 $ 2,535 $ 2,488 $ 243 Interest receivable 314 314 Total assets $ 510 $ 2,535 $ 2,802 $ 243
Liabilities Due to other governments 510 2,535 2,802 243 Total liabilities $ 510 $ 2,535 $ 2,802 $ 243
251 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7523 - Tax Inc Dist-University Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 15 $ 9,694 $ 9,218 $ 491 Taxes/assessments receivable 954 10,099 10,695 358 Total assets $ 969 $ 19,793 $ 19,913 $ 849
Liabilities Due to other governments 969 10,053 10,173 849 Total liabilities $ 969 $ 10,053 $ 10,173 $ 849
7527 - State Equalization-AV Tax Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 387,716 $ 5,914,341 $ 6,214,396 $ 87,661 Taxes/assessments receivable 237,754 5,987,789 6,038,016 187,527 Total assets $ 625,470 $ 11,902,130 $ 12,252,412 $ 275,188
Liabilities Due to other governments 625,470 6,101,867 6,452,149 275,188 Total liabilities $ 625,470 $ 6,101,867 $ 6,452,149 $ 275,188
7528 - State Equalization-NoLevy Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 1,304 $ 16,893 $ 16,578 $ 1,619 Interest receivable 2,091 2,091 Total assets $ 3,395 $ 16,893 $ 18,669 $ 1,619
Liabilities Due to other governments 3,395 16,893 18,669 1,619 Total liabilities $ 3,395 $ 16,893 $ 18,669 $ 1,619
252 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7529 - Elementary Equal-AV Tax Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 291,303 $ 4,874,915 $ 5,093,898 $ 72,320 Taxes/assessments receivable 198,305 4,939,927 4,981,365 156,867 Total assets $ 489,608 $ 9,814,842 $ 10,075,263 $ 229,187
Liabilities Due to other governments 489,608 5,031,782 5,292,203 229,187 Total liabilities $ 489,608 $ 5,031,782 $ 5,292,203 $ 229,187
7530 - Elementary Equal-Non Levy Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 1,080 $ 30,178 $ 29,922 $ 1,336 Interest receivable 1,725 1,725 Total assets $ 2,805 $ 30,178 $ 31,647 $ 1,336
Liabilities Due to other governments 2,805 30,178 31,647 1,336 Total liabilities $ 2,805 $ 30,178 $ 31,647 $ 1,336
7531 - High School Equal-AV Tax Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 194,202 $ 3,252,887 $ 3,398,875 $ 48,214 Taxes/assessments receivable 132,115 3,293,282 3,320,908 104,489 Total assets $ 326,317 $ 6,546,169 $ 6,719,783 $ 152,703
Liabilities Due to other governments 326,317 3,357,376 3,530,990 152,703 Total liabilities $ 326,317 $ 3,357,376 $ 3,530,990 $ 152,703
7532 - High School Equal-NonLevy Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 631 $ 17,175 $ 16,916 $ 890 Interest receivable 1,150 1,150 Total assets $ 1,781 $ 17,175 $ 18,066 $ 890
Liabilities Due to other governments 1,781 17,175 18,066 890 Total liabilities $ 1,781 $ 17,175 $ 18,066 $ 890 253 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7533 - Vo-Tech Millage-AV Tax Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 13,115 $ 221,790 $ 231,618 $ 3,287 Taxes/assessments receivable 9,010 224,546 226,428 7,128 Total assets $ 22,125 $ 446,336 $ 458,046 $ 10,415
Liabilities Due to other governments 22,125 228,918 240,628 10,415 Total liabilities $ 22,125 $ 228,918 $ 240,628 $ 10,415
7534 - Vo-Tech Millage-Non Levy Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 48 $ 628 $ 616 $ 60 Interest receivable 78 78 Total assets $ 126 $ 628 $ 694 $ 60
Liabilities Due to other governments 126 628 694 60 Total liabilities $ 126 $ 628 $ 694 $ 60
7551 - Montana Land Information Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 3,422 $ 53,944 $ 55,526 $ 1,840 Taxes/assessments receivable 2,270 30,495 30,573 2,192 Total assets $ 5,692 $ 84,439 $ 86,099 $ 4,032
Liabilities Due to other governments 5,692 60,406 62,066 4,032 Total liabilities $ 5,692 $ 60,406 $ 62,066 $ 4,032
7553 - Death Certificates - DOL Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 990 $ 22,386 $ 22,113 $ 1,263 Taxes/assessments receivable 1,884 20,879 21,458 1,305 Total assets $ 2,874 $ 43,265 $ 43,571 $ 2,568
Liabilities Due to other governments 2,874 26,279 26,585 2,568 254 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
Total liabilities $ 2,874 $ 26,279 $ 26,585 $ 2,568
7564 - Forest Fire Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 158 $ 21,318 $ 21,430 $ 46 Taxes/assessments receivable 300 21,134 21,221 213 Total assets $ 458 $ 42,452 $ 42,651 $ 259
Liabilities Due to other governments 458 21,530 21,729 259 Total liabilities $ 458 $ 21,530 $ 21,729 $ 259
7701 - Great Falls Elementary Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 374,107 $ 22,405,404 $ 22,323,990 $ 455,521 Taxes/assessments receivable 724,857 15,972,030 16,215,892 480,995 Total assets $ 1,098,964 $ 38,377,434 $ 38,539,882 $ 936,516
Liabilities Due to other governments 1,098,964 16,768,365 16,930,813 936,516 Total liabilities $ 1,098,964 $ 16,768,365 $ 16,930,813 $ 936,516
7702 - Great Falls High Schools Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 194,333 $ 11,483,069 $ 11,335,609 $ 341,793 Taxes/assessments receivable 509,324 8,197,394 8,468,997 237,721 Total assets $ 703,657 $ 19,680,463 $ 19,804,606 $ 579,514
Liabilities Due to other governments 703,657 8,484,308 8,608,451 579,514 Total liabilities $ 703,657 $ 8,484,308 $ 8,608,451 $ 579,514
255 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7703 - Cascade Elementary Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 54,782 $ 5,375,971 $ 5,300,907 $ 129,846 Holdings in external investment pool 229,548 87,664 229,548 87,664 Taxes/assessments receivable 47,646 687,521 714,987 20,180 Total assets $ 331,976 $ 6,151,156 $ 6,245,442 $ 237,690
Liabilities Due to other governments 331,976 7,927,765 8,022,051 237,690 Total liabilities $ 331,976 $ 7,927,765 $ 8,022,051 $ 237,690
7704 - Cascade High School Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 78,645 $ 2,384,317 $ 2,393,681 $ 69,281 Holdings in external investment pool 329,541 99,683 329,541 99,683 Taxes/assessments receivable 44,111 586,508 613,392 17,227 Total assets $ 452,297 $ 3,070,508 $ 3,336,614 $ 186,191
Liabilities Due to other governments 452,297 2,143,263 2,409,369 186,191 Total liabilities $ 452,297 $ 2,143,263 $ 2,409,369 $ 186,191
7705 - Centerville Elementary Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 110,144 $ 4,060,858 $ 3,908,670 $ 262,332 Holdings in external investment pool 461,529 377,449 461,529 377,449 Taxes/assessments receivable 49,064 520,661 517,208 52,517 Total assets $ 620,737 $ 4,958,968 $ 4,887,407 $ 692,298
Liabilities Due to other governments 620,737 5,712,800 5,641,239 692,298 Total liabilities $ 620,737 $ 5,712,800 $ 5,641,239 $ 692,298
256 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7706 - Centerville High School Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 100,909 $ 1,761,453 $ 1,619,622 $ 242,740 Holdings in external investment pool 422,832 349,260 422,832 349,260 Taxes/assessments receivable 28,862 334,722 333,404 30,180 Total assets $ 552,603 $ 2,445,435 $ 2,375,858 $ 622,180
Liabilities Due to other governments 552,603 1,376,451 1,306,874 622,180 Total liabilities $ 552,603 $ 1,376,451 $ 1,306,874 $ 622,180
7729 - Belt Elementary Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 166,155 $ 5,018,022 $ 4,775,343 $ 408,834 Holdings in external investment pool 696,226 588,240 696,226 588,240 Taxes/assessments receivable 225,270 1,241,811 1,424,150 42,931 Total assets $ 1,087,651 $ 6,848,073 $ 6,895,719 $ 1,040,005
Liabilities Due to other governments 1,087,651 6,518,828 6,566,474 1,040,005 Total liabilities $ 1,087,651 $ 6,518,828 $ 6,566,474 $ 1,040,005
7730 - Belt High School Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 129,923 $ 2,491,367 $ 2,179,898 $ 441,392 Holdings in external investment pool 544,406 635,085 544,406 635,085 Taxes/assessments receivable 30,650 614,429 611,718 33,361 Total assets $ 704,979 $ 3,740,881 $ 3,336,022 $ 1,109,838
Liabilities Due to other governments 704,979 2,138,984 1,734,125 1,109,838 Total liabilities $ 704,979 $ 2,138,984 $ 1,734,125 $ 1,109,838
257 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7755 - Sun River Elementary Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 104,302 $ 4,717,785 $ 4,583,201 $ 238,886 Holdings in external investment pool 437,054 343,715 437,054 343,715 Taxes/assessments receivable 49,580 613,572 624,002 39,150 Total assets $ 590,936 $ 5,675,072 $ 5,644,257 $ 621,751
Liabilities Due to other governments 590,936 5,703,102 5,672,287 621,751 Total liabilities $ 590,936 $ 5,703,102 $ 5,672,287 $ 621,751
7756 - Sun River Valley High School Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 106,873 $ 2,262,996 $ 2,138,692 $ 231,177 Holdings in external investment pool 447,823 332,623 447,823 332,623 Taxes/assessments receivable 45,134 630,896 635,828 40,202 Total assets $ 599,830 $ 3,226,515 $ 3,222,343 $ 604,002
Liabilities Due to other governments 599,830 1,913,249 1,909,077 604,002 Total liabilities $ 599,830 $ 1,913,249 $ 1,909,077 $ 604,002
7774 - Vaughn Elementary Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 54,463 $ 1,870,832 $ 1,787,597 $ 137,698 Holdings in external investment pool 228,211 198,123 228,211 198,123 Taxes/assessments receivable 17,666 307,575 304,414 20,827 Total assets $ 300,340 $ 2,376,530 $ 2,320,222 $ 356,648
Liabilities Due to other governments 300,340 1,724,061 1,667,753 356,648 Total liabilities $ 300,340 $ 1,724,061 $ 1,667,753 $ 356,648
258 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7785 - Ulm Elementary Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 57,632 $ 1,741,799 $ 1,646,397 $ 153,034 Holdings in external investment pool 241,490 220,189 241,490 220,189 Taxes/assessments receivable 13,009 257,645 263,531 7,123 Total assets $ 312,131 $ 2,219,633 $ 2,151,418 $ 380,346
Liabilities Due to other governments 312,131 1,395,711 1,327,496 380,346 Total liabilities $ 312,131 $ 1,395,711 $ 1,327,496 $ 380,346
7795 - Deep Creek Elementary Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 305 $ 1,279 $ 1,584 $ Holdings in external investment pool 1,279 1,279 Taxes/assessments receivable 384 384 Total assets $ 1,968 $ 1,279 $ 3,247 $ 0
Liabilities Due to other governments 1,968 1,968 Total liabilities $ 1,968 $ 0 $ 1,968 $ 0
7820 - High Schl Transportation Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 16,224 $ 630,657 $ 614,531 $ 32,350 Holdings in external investment pool 67,981 46,547 67,981 46,547 Taxes/assessments receivable 38,068 479,699 500,173 17,594 Total assets $ 122,273 $ 1,156,903 $ 1,182,685 $ 96,491
Liabilities Due to other governments 122,273 580,271 606,053 96,491 Total liabilities $ 122,273 $ 580,271 $ 606,053 $ 96,491
259 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7830 - High School Retirement Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 15,774 $ 4,064,566 $ 4,047,912 $ 32,428 Holdings in external investment pool 66,100 46,658 66,100 46,658 Taxes/assessments receivable 140,050 2,331,439 2,397,358 74,131 Total assets $ 221,924 $ 6,442,663 $ 6,511,370 $ 153,217
Liabilities Due to other governments 221,924 4,072,677 4,141,384 153,217 Total liabilities $ 221,924 $ 4,072,677 $ 4,141,384 $ 153,217
7840 - Elementary Retirement Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 27,970 $ 7,262,300 $ 7,233,948 $ 56,322 Holdings in external investment pool 117,199 81,037 117,199 81,037 Taxes/assessments receivable 249,376 4,146,356 4,263,229 132,503 Total assets $ 394,545 $ 11,489,693 $ 11,614,376 $ 269,862
Liabilities Due to other governments 394,545 7,277,604 7,402,287 269,862 Total liabilities $ 394,545 $ 7,277,604 $ 7,402,287 $ 269,862
7846 - AIRPORT TID CITY OF GF Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and cash equivalents $ $ 33,822 $ 27,909 $ 5,913 Taxes/assessments receivable 6,193 27,925 33,846 272 Total assets $ 6,193 $ 61,747 $ 61,755 $ 6,185
Liabilities Due to other governments 6,193 34,094 34,102 6,185 Total liabilities $ 6,193 $ 34,094 $ 34,102 $ 6,185
260 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7847 - Swimming Pool Debt Svc Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 9,583 $ 273,979 $ 278,787 $ 4,775 Taxes/assessments receivable 13,446 273,655 278,862 8,239 Total assets $ 23,029 $ 547,634 $ 557,649 $ 13,014
Liabilities Due to other governments 23,029 282,218 292,233 13,014 Total liabilities $ 23,029 $ 282,218 $ 292,233 $ 13,014
7848 - Soccer Mill levy Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 6,038 $ 173,009 $ 176,031 $ 3,016 Taxes/assessments receivable 8,819 172,814 176,130 5,503 Total assets $ 14,857 $ 345,823 $ 352,161 $ 8,519
Liabilities Due to other governments 14,857 178,512 184,850 8,519 Total liabilities $ 14,857 $ 178,512 $ 184,850 $ 8,519
7849 - Per Med Levy Gr Falls Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 60,456 $ 2,001,825 $ 2,027,095 $ 35,186 Taxes/assessments receivable 79,069 2,013,100 2,036,631 55,538 Total assets $ 139,525 $ 4,014,925 $ 4,063,726 $ 90,724
Liabilities Due to other governments 139,525 2,057,363 2,106,164 90,724 Total liabilities $ 139,525 $ 2,057,363 $ 2,106,164 $ 90,724
7850 - City of Great Falls Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 642,594 $ 22,750,319 $ 22,947,251 $ 445,662 Taxes/assessments receivable 994,776 21,470,210 21,808,446 656,540 Total assets $ 1,637,370 $ 44,220,529 $ 44,755,697 $ 1,102,202
Liabilities Due to other governments 1,637,370 23,407,021 23,942,189 1,102,202 Total liabilities $ 1,637,370 $ 23,407,021 $ 23,942,189 $ 1,102,202 261 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7851 - G.F.City Fire Balances Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 3,708 $ 210,547 $ 209,824 $ 4,431 Taxes/assessments receivable 13,114 212,329 209,617 15,826 Total assets $ 16,822 $ 422,876 $ 419,441 $ 20,257
Liabilities Due to other governments 16,822 226,373 222,938 20,257 Total liabilities $ 16,822 $ 226,373 $ 222,938 $ 20,257
7859 - Per Med Levy Belt Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ $ 2,134 $ 2,082 $ 52 Taxes/assessments receivable 206 2,043 2,129 120 Total assets $ 206 $ 4,177 $ 4,211 $ 172
Liabilities Due to other governments 206 2,253 2,287 172 Total liabilities $ 206 $ 2,253 $ 2,287 $ 172
7860 - Town Of Belt Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 3,722 $ 114,757 $ 115,375 $ 3,104 Taxes/assessments receivable 12,863 100,617 101,008 12,472 Total assets $ 16,585 $ 215,374 $ 216,383 $ 15,576
Liabilities Due to other governments 16,585 127,229 128,238 15,576 Total liabilities $ 16,585 $ 127,229 $ 128,238 $ 15,576
262 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7869 - Per Med Levy Cascade Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ $ 3,751 $ 3,659 $ 92 Taxes/assessments receivable 959 3,042 3,749 252 Total assets $ 959 $ 6,793 $ 7,408 $ 344
Liabilities Due to other governments 959 4,003 4,618 344 Total liabilities $ 959 $ 4,003 $ 4,618 $ 344
7870 - Town Of Cascade Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 3,526 $ 101,940 $ 101,695 $ 3,771 Taxes/assessments receivable 11,003 78,838 84,509 5,332 Total assets $ 14,529 $ 180,778 $ 186,204 $ 9,103
Liabilities Due to other governments 14,529 107,272 112,698 9,103 Total liabilities $ 14,529 $ 107,272 $ 112,698 $ 9,103
7880 - Town of Neihart Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 1,277 $ 29,914 $ 30,547 $ 644 Taxes/assessments receivable 3,097 28,377 27,776 3,698 Total assets $ 4,374 $ 58,291 $ 58,323 $ 4,342
Liabilities Due to other governments 4,374 33,612 33,644 4,342 Total liabilities $ 4,374 $ 33,612 $ 33,644 $ 4,342
263 CASCADE COUNTY
Combining Statement of Changes in Assets and Liabilities Agency Funds
Year Ended June 30, 2016
7900 - MANCHESTER TID Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 25,625 $ 143,882 $ 100,003 $ 69,504 Holdings in external investment pool 107,376 100,004 107,376 100,004 Taxes/assessments receivable 9,189 26,283 34,126 1,346 Total assets $ 142,190 $ 270,169 $ 241,505 $ 170,854
Liabilities Due to other governments 142,190 37,853 9,189 170,854 Total liabilities $ 142,190 $ 37,853 $ 9,189 $ 170,854
7901 - MT Milling TID Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and investments $ 9,255 $ 61,737 $ 41,883 $ 29,109 Holdings in external investment pool 38,779 41,883 38,779 41,883 Total assets $ 48,034 $ 103,620 $ 80,662 $ 70,992
Liabilities Due to other governments 48,034 22,958 70,992 Total liabilities $ 48,034 $ 22,958 $ 0 $ 70,992
7950 - Entitlement Levy Clearing Balance Balance 7/1/2015 Additions Deletions 6/30/2016 Assets Cash and cash equivalents $ 14,615 $ 1,972,072 $ 1,986,687 $ Taxes/assessments receivable 119,004 2,003,303 2,058,931 63,376 Total assets $ 133,619 $ 3,975,375 $ 4,045,618 $ 63,376
Liabilities Due to other governments 133,619 196,996 267,239 63,376 Total liabilities $ 133,619 $ 196,996 $ 267,239 $ 63,376
264 CASCADE COUNTY
Combining Balance Sheets -- Nonmajor Proprietary Funds
June 30, 2016
Total 5410 - Solid Nonmajor 5210 - Water Waste Proprietary Operating Disposal Funds Assets Current assets Cash and investments $ 54,383 $ 383,123 $ 437,506 Accounts receivable, net 605 605 Taxes/assessments receivable, net 267,029 267,029 Total current assets 54,383 650,757 705,140 Noncurrent assets Land and improvements 47,379 47,379 Buildings and improvements 7,769 139,996 147,765 Machinery and equipment 6,725 24,723 31,448 Accumulated depreciation (14,494) (110,002) (124,496) Total capital assets 102,096 102,096 Total assets $ 54,383 $ 752,853 $ 807,236
Liabilities and fund balances Current liabilities Accounts payable 1,885 93,077 94,962 Total liabilities 1,885 93,077 94,962
Net position Investment in capital assets 102,096 102,096 Unrestricted 52,498 557,680 610,178 Total net position 52,498 659,776 712,274 Total liabilities and net position $ 54,383 $ 752,853 $ 807,236
265 CASCADE COUNTY
Combining Statement of Revenue, Expenses and Changes in Fund Net Position -- Nonmajor Proprietary Funds
Year Ended June 30, 2016
5410 - Solid 5210 - Water Waste Total Non- Operating Disposal Major Funds Operating revenue Charges for goods and services 49,461 4,297 53,758 Other revenue 1,279,829 1,279,829 Total operating revenues 49,461 1,284,126 1,333,587
Operating expenses Operating expenses $ $ 649,651 $ 649,651 Repairs and maintenance 870 21,600 22,470 Office supplies 2,667 2,667 Utilities and telephone 38,318 290,817 329,135 Insurance 178 178 Rent 14,077 14,077 Professional fees 77,083 77,083 Postage 5,365 5,365 Depreciation 1,121 7,457 8,578 Total operating expenses 40,487 1,068,717 1,109,204
Operating income (loss) 8,974 215,409 224,383
Non-operating revenues (expenses) Interest revenue 224 716 940 Total Non-operating revenues (expenses) 224 716 940
Income (loss) before capital contributions 9,198 216,125 225,323 Change in net position 9,198 216,125 225,323
Net position, beginning of year 43,300 443,651 486,951
Net position, end of year $ 52,498 $ 659,776 $ 712,274
266 CASCADE COUNTY
Combining Statement of Cash Flows- Non-Major Proprietary Funds
Year Ended June 30, 2016
5410 - Solid 5210 - Water Waste Operating Disposal Totals Cash flows from operating activities Cash received from services provided $ 49,461 $ 4,764 $ 54,225 Cash received from assessments 1,181,792 1,181,792 Cash paid to suppliers (45,498) (1,066,956) (1,112,454) Net cash provided by operating activities 3,963 119,600 123,563 Cash flows from investing activities Interest received 224 716 940 Net cash provided by investing activities 224 716 940
Net increase (decrease) in cash and cash equivalents 4,187 120,316 124,503 Cash and cash equivalents, beginning of year 50,196 262,807 313,003 Cash and cash equivalents, end of year $ 54,383 $ 383,123 $ 437,506
Reconciliation of operating income (loss) to net cash provided (used) by operating activities Operating income (loss) $ 8,974 $ 215,409 $ 224,383 Adjustments to reconcile operating income (loss) to net cash provided by operating activities Depreciation 1,121 7,457 8,578 Changes in working capital components (Increase) in assessment receivable (98,037) (98,037) Decrease in other receivable 467 467 (Decrease) in accounts payable (6,132) (5,696) (11,828) Net cash provided by operating activities $ 3,963 $ 119,600 $ 123,563
267 STATISTICAL SECTION
This part of the Cascade County's comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplemental information says about the County's overall financial health.
Contents Page Financial Trends These schedules contain trend information to help the reader understand how the County's financial performance and well-being have changed over time. 269
Revenue Capacity These schedules contain information to help the reader assess the County's most significant local revenue source, the property tax. 274
Debt Capacity These schedules present information to help the reader assess the affordability of the County's current levels of outstanding debt and the County's ability to issue additional debt in the future. 278
Demographic and Economic Information These schedules offer demographic and economic indicators to help the reader understand the environment within which the County's financial activities take place. 281
Operating Information These schedules contain service and infrastructure data to help the reader understand how the information in the County's financial report relates to the services the County provides and the activities it performs. 283
268 CASCADE COUNTY, MONTANA NET ASSETS BY COMPONENT LAST TEN YEARS (accrual basis of accounting)
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Governmental activities Invested in capital assets, net of related debt $ 20,699,771 $ 26,607,715 $ 26,655,827 $ 31,053,688 $ 31,326,472 $ 32,907,686 $ 37,178,713 $ 38,721,829 $ 43,550,631 $ 47,942,184 Restricted 6,159,168 5,507,900 5,505,505 2,285,312 207,637 417,045 3,063,801 3,969,722 3,129,199 4,162,631 Unrestricted 3,339,476 5,499,513 5,563,011 6,591,465 9,149,792 9,814,495 6,461,723 5,426,346 (12,171,389) (11,777,715) Total governmental activities net assets $ 30,198,415 $ 37,615,128 $ 37,724,343 $ 39,930,465 $ 40,683,901 $ 43,139,226 $ 46,704,237 $ 48,117,897 $ 34,508,441 $ 40,327,100
Business-type activities Invested in capital assets, net of related debt $ 8,527,192 $ 8,282,185 $ 7,745,831 $ 7,645,326 $ 8,813,094 $ 8,277,206 $ 7,530,848 $ 7,032,122 $ 7,256,797 $ 7,049,973 Restricted - - - - 15,288 7,259 - - Unrestricted (16,599) (58,066) (332,279) (527,164) (2,366,616) (2,615,001) (2,263,610) (2,423,165) (4,843,589) (3,729,018) Total business-type activities net assets $ 8,510,593 $ 8,224,119 $ 7,413,552 $ 7,118,162 $ 6,461,766 $ 5,669,464 $ 5,267,238 $ 4,608,957 $ 2,413,208 $ 3,320,955
Primary government Invested in capital assets, net of related debt $ 29,226,963 $ 32,184,900 $ 32,184,900 $ 32,184,900 $ 38,994,566 $ 40,670,317 $ 44,709,561 $ 45,753,951 $ 50,807,428 $ 54,992,157 Restricted 6,159,168 5,507,900 5,507,900 5,507,900 222,925 424,304 3,063,801 3,969,722 3,129,199 4,162,631 Unrestricted 3,322,877 8,146,447 8,146,447 8,146,447 7,928,176 7,714,069 4,198,113 3,003,181 (17,014,978) (15,506,733) Total primary government net assets $ 38,709,008 $ 45,839,247 $ 45,839,247 $ 45,839,247 $ 47,145,667 $ 48,808,690 $ 51,971,475 $ 52,726,854 $ 36,921,649 $ 43,648,055
269 CASCADE COUNTY, MONTANA CHANGE IN NET POSITION LAST TEN YEARS (accrual basis of accounting)
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Expenses Governmental activities: General government $ 5,667,538 $ 6,366,097 $ 7,217,468 $ 6,959,882 $ 6,956,149 $ 7,331,563 $ 10,321,237 $ 10,913,505 $ 12,109,713 $ 12,657,783 Public safety 11,407,903 11,247,654 12,601,097 12,705,127 12,945,329 13,348,006 12,992,226 13,851,915 13,665,297 14,483,710 Public works 3,725,730 4,885,763 6,651,090 4,794,147 5,381,196 5,652,788 3,967,408 4,060,271 3,877,898 3,797,581 Public health 4,653,314 5,032,677 5,050,766 5,376,247 5,663,473 5,410,249 8,430,925 4,755,615 5,160,206 4,994,443 Social and economic services 2,114,271 2,338,732 2,557,053 2,648,682 2,689,933 2,379,830 309,974 72,135 41,068 17,569 Culture and recreation 471,825 586,395 649,725 617,687 603,265 522,055 523,232 539,373 494,632 509,569 Housing and community development 211,696 288,721 323,017 293,170 445,624 259,613 24,080 Environmental management 41,137 29,786 26,898 21,908 73,856 64,920 - 68,443 12,107 13,267 Miscellaneous 296,969 366,172 395,637 - - - 12,778 4,716 6,096 3,273 Interest on long-term debt 452,952 401,301 361,945 360,557 280,175 278,355 71,450 42,022 28,340 16,600 Total governmental activities expenses 29,043,335 31,543,298 35,834,696 33,777,407 35,039,000 35,247,379 36,653,310 34,307,995 35,395,357 36,493,795 Business-type activities: Public Health n/a n/a n/a n/a n/a n/a n/a 2,879,179 2,909,892 2,925,879 Montana ExpoPark 4,169,841 4,128,383 4,391,617 3,862,529 3,859,427 3,905,948 4,646,487 4,162,377 3,855,572 3,711,435 Solid Waste 621,729 645,919 817,370 832,258 1,010,212 982,260 949,596 983,782 1,010,034 1,068,717 Water Operating 47,150 47,944 46,120 37,154 46,250 50,531 62,563 47,509 50,901 40,487 Total business-type activities expenses 4,838,720 4,822,246 5,255,107 4,731,941 4,915,889 4,938,739 5,658,646 8,072,847 7,826,399 7,746,518 Total primary government expenses $ 33,882,055 $ 36,365,544 $ 41,089,803 $ 38,509,348 $ 39,954,889 $ 40,186,118 $ 42,311,956 $ 42,380,842 $ 43,221,756 $ 44,240,313 Program Revenues Governmental activities: Charges for services: General government $ 1,364,391 $ 1,280,061 $ 1,206,610 $ 1,127,404 $ 1,163,908 $ 1,183,393 1,108,789 $ 888,932 $ 1,060,929 $ 1,127,708 Public safety 5,379,239 5,710,207 6,052,720 5,756,806 6,489,065 6,283,566 6,343,750 7,028,087 9,407,089 9,243,765 Other activities 1,651,321 1,748,238 2,529,943 2,749,370 2,744,401 2,396,987 1,764,779 763,155 854,640 746,692 Operating grants and contributions 4,646,567 4,843,635 6,493,189 5,869,803 5,924,425 5,816,036 7,861,755 5,428,859 6,574,730 6,557,127 Capital grants and contributions - 480,752 8,087 943,010 497,530 1,289,168 308,109 6,564 80,957 - Total governmental activities program revenue 13,041,518 14,062,893 16,290,549 16,446,393 16,819,329 16,969,150 17,387,182 14,115,597 17,978,345 17,675,292 Business-type activities: Charges for services: Montana ExpoPark 2,800,188 2,574,699 2,806,384 2,442,666 2,401,676 1,933,012 2,780,364 2,664,757 2,597,386 2,691,844 Solid Waste 532,013 572,766 695,344 976,484 847,347 847,481 26,386 1,141,839 984,320 1,284,126 Water Operating 51,839 53,371 48,127 47,957 47,160 49,304 53,253 54,688 51,623 49,461 Community Health 2,551,838 2,771,078 3,437,121 Capital grants and contributions - - - 224,448 14,306 - - Total business-type activities program revenues 3,384,040 3,200,836 3,549,855 3,691,555 3,310,489 2,829,797 2,860,003 6,413,122 6,404,407 7,462,552 Total primary government program revenues $ 16,425,558 17,263,729 $19,840,404 $20,137,948 $ 20,129,818 19,798,947 20,247,185 20,528,719 24,382,752 25,137,844 Net (expense)/revenue Governmental activities $ (16,001,817) $ (17,480,405) $ (19,544,147) $ (17,331,014) $ (18,219,671) $ (18,198,728) $ (19,266,128) $ (20,192,398) $ (17,417,012) $ (18,818,503) Business-type activities (1,454,680) (1,621,410) (1,705,252) (1,040,386) (1,605,400) (2,108,943) (2,798,643) (1,659,725) (1,421,992) (283,966) Total primary government net expense $ (17,456,497) $ (19,101,815) $ (21,249,399) $ (18,371,400) $ (19,825,071) $ (20,307,671) $ (22,064,771) $ (21,852,123) $ (18,839,004) $ (19,102,469)
270 CASCADE COUNTY, MONTANA CHANGE IN NET POSITION LAST TEN YEARS (accrual basis of accounting)
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
General Revenues and other Changes in Net Position Governmental actitities: Property taxes $ 15,475,146 $ 20,290,722 $ 18,621,672 $ 18,561,647 $ 18,908,483 $ 19,904,643 $ 22,116,490 $ 21,787,859 $ 21,720,078 $ 22,238,481 Licenses and permits - - - 1,058,262 6,586 28,325 0 - Intergovernmental 513,486 552,159 1,256,786 59,225 1,148,397 1,211,621 0 - Investment Income 826,626 606,848 198,436 238,794 73,708 45,698 26,482 17,220 25,084 137,597 Donated capital assets 38,500 4,110 Miscellaneous revenues 814,500 875,645 397,273 363,924 473,789 392,371 925,272 689,250 986,782 1,282,647 Gain on trade in of capital assets 439,500 553,277 294,500 Gain (loss) on disposal of capital assets - - - - - (136,496) 30,094 (211,214) 1,621,378 (26,349) Transfer of capital assets (89,708) (275,573) Transfers in/(out) (1,357,289) (1,318,052) (776,369) (744,715) (948,982) (792,109) (949,792) (870,461) (951,028) (1,190,161) Total governmental activities 16,272,469 21,007,322 19,697,798 19,537,137 $ 19,661,981 $ 20,654,053 $ 22,148,546 $ 21,800,946 $ 23,679,998 $ 22,740,825 Business-type activities: Property taxes - - - - - 442 - - Investment earnings 9,505 8,850 5,430 281 189 116 90 74 230 1,552 Gain on sale of assets 556 - - - (167) - (177,257) Miscellaneous - 1,004 112,887 - - - 1,501,580 Gain (loss) on disposal of capital assets - - - - - (211,214) (170) 8,514 Trasfers of capital assets - - - - - 89,708 275,573 Transfers 1,357,289 1,318,052 776,369 744,715 948,982 792,109 949,792 870,461 944,499 1,190,161 Total business-type activities 1,367,350 1,327,906 894,686 744,996 949,004 792,667 2,062,991 960,073 1,228,816 1,191,713 Total primary government $17,639,819 $22,335,228 $20,592,484 $ 20,282,133 $ 20,610,985 $ 21,446,720 $ 24,211,537 $ 22,761,019 $ 24,908,814 $ 23,932,538 Change in Net Position Governmental activities $ 270,652 $ 3,526,917 $ 153,651 $ 2,206,123 $ 1,442,310 $ 2,455,325 $ 2,882,418 $ 1,608,548 $ 6,262,986 $ 3,922,322 Business-type activities (87,330) (293,504) (810,566) (295,390) (656,396) 792,300 (524,438) (699,652) (193,176) 907,747 Total primary government $ 183,322 $ 3,233,413 $ (656,915) $ 1,910,733 $ 785,914 $ 3,247,625 $ 2,357,980 $ 908,896 $ 6,069,810 $ 4,830,069
Source Documents in CAFR Reports Statement of Revenues, Expenses & Chngs in Fund Net Assets Proprietary Funds Statement of Revenues, Expenses & Chngs in Fund Balances Governmental Funds Change in Net Assets Statement and Reconciliation of the Statement of Revenues, Expenditures, & Changes Proofs figures Information derived from Statement of Activities
271 CASCADE COUNTY, MONTANA FUND BALANCES OF GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS (modified accrual basis of accounting)
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
General Fund Nonspendable $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Restricted ------Committed - - - 990,389 872,743 916,458 1,382,258 1,618,323 666,368 1,390,782 Assigned - - - 430,638 336,905 541,521 - - - - Unassigned 3,313,091 2,518,066 3,313,091 288,885 435,636 458,198 1,266,339 2,108,208 2,960,272 1,223,501 Total General Fund 3,313,091 2,518,066 3,313,091 1,709,912 1,645,284 1,916,177 2,648,597 3,726,531 3,626,640 2,614,283
All other governmental funds Nonspendable reported in: Special revenue funds $ - $ - $ - $ 239,036 $ 220,430 $ 193,224 $ - $ - $ 9,378 $ 379,263 Debt service funds ------Capital projects funds ------Restricted reported in: Special revenue funds - - - 672,751 190,082 207,611 386,197 1,275,712 1,264,345 3,184,818 Debt service funds - - - 19,707 17,555 209,436 422,325 411,542 411,973 413,186 Capital projects funds ------Committed reported in: Special revenue funds - - - 1,840,745 2,059,342 2,486,855 2,941,884 2,987,965 1,013,091 2,604,187 Debt service funds - - - - 137,147 77,456 104,375 138,100 185,887 50,728 Capital projects funds ------Assigned reported in: Special revenue funds 3,964,440 3,648,527 3,964,440 1,926,819 2,136,736 3,214,160 1,461,651 624,373 6,717,392 5,018,427 Debt service funds 277,742 831,068 277,742 561,869 395,865 168,939 104,375 127,882 161,059 133,135 Capital projects funds 1,212,484 1,028,305 1,212,484 821,404 1,076,755 1,063,357 920,723 909,101 787,324 2,213,132 Unassigned reported in: Special revenue funds - - - (2,660,825) (932,639) (878,672) (6,324) (730,972) (215,508) (174,418) Debt service funds - - - - (5,039) - (16,423) (3) - - Capital projects funds - - - (88,564) - - (17,579) (4,584) - - Total all other governmental funds $ 5,454,666 $ 5,507,900 $ 5,454,666 $ 3,332,942 $ 5,296,234 $ 6,742,366 $ 6,301,204 $ 5,739,116 $ 10,334,941 $ 13,822,458
Total Governmental Funds $ 8,767,757 $ 8,025,966 $ 8,767,757 $ 5,042,854 $ 6,941,518 $ 8,658,543 $ 8,949,801 $ 9,465,647 $ 13,961,581 $ 16,436,741
In fiscal year 2010 the County implemented GASB 54. Prior years reserved fund balances are reported under assigned fund balance.
272 CASCADE COUNTY, MONTANA CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS LAST TEN YEARS (modified accrual basis of accounting)
Revenues 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Taxes and Special Assessments $ 16,326,990 $ 22,572,544 $ 18,727,480 $ 18,457,603 20,430,255 12,612,422 21,684,790 21,732,090 22,558,457 $ 22,883,045 Licenses and permits 105,429 102,560 93,651 125,950 125,307 18,573 175,320 183,476 224,673 235,883 Intergovernmental 5,669,855 6,396,316 8,070,051 8,373,907 8,145,074 1,816,933 7,286,406 5,404,898 6,325,113 6,243,387 Charges for services 7,029,477 9,465,077 7,979,028 7,907,645 8,477,477 5,934,746 8,970,698 8,162,785 10,662,283 10,510,365 Fines 503,103 1,411,362 476,136 399,344 406,848 375,460 369,959 342,536 435,702 371,917 Investment earnings 679,334 615,777 140,863 22,919 38,987 7,451 13,573 7,941 17,804 130,380 Miscellaneous 815,700 1,556,709 1,052,588 696,109 1,005,942 108,838 1,026,490 667,038 986,782 1,282,645 Internal Services 40,648 34,288 48,557 48,129 67,591 40,709 383,638 33,470 Total revenues 31,170,536 42,154,633 36,588,354 36,031,606 38,697,481 20,915,132 39,910,874 36,534,234 41,210,814 41,657,622 Expenditures General government 5,467,946 6,014,958 6,731,950 7,969,884 6,473,281 6,139,993 8,295,367 9,868,047 11,055,399 11,337,774 Public Safety 10,820,526 10,339,202 11,419,347 11,723,973 11,741,167 10,298,712 12,917,679 13,393,695 13,515,250 14,032,479 Public Works 3,705,482 4,730,726 6,299,406 4,564,183 4,693,466 2,151,633 3,396,076 3,057,112 2,447,398 2,150,037 Public Health 4,548,407 4,641,757 4,730,488 5,160,289 5,315,606 - 7,598,573 4,718,623 5,116,881 4,979,675 Social and Economic Services 2,059,111 2,229,225 2,387,004 2,522,574 2,475,315 82,074 273,332 35,493 8,452 - Culture and Recreation 470,388 3,719,144 637,605 506,637 581,268 - 523,232 539,372 494,632 510,145 Housing and Community Development 209,640 272,992 294,663 270,972 413,355 - - - - - Conservation of Natural Resources 40,829 28,853 25,194 21,215 71,109 - 24,080 68,443 12,107 13,267 Micellaneous 296,270 1,688,191 389,373 408,918 540,529 104,220 - - - - Capital Outlay 1,771,017 923,758 3,637,986 1,328,394 1,132,104 16,117 4,281,145 2,296,295 4,180,893 3,921,317 Debt Service Principal 2,712,577 2,796,625 2,918,644 1,994,940 1,452,580 252,141 1,540,729 937,633 957,874 989,305 Interest 436,828 385,199 327,470 349,699 267,185 36,172 87,948 55,621 39,336 24,471 Total expenditures 32,539,021 37,770,630 39,799,130 36,821,678 35,156,965 19,081,062 38,938,161 34,970,334 37,828,222 37,958,470 Excess of revenues over (under) expenditures (1,368,485) 4,384,003 (3,210,776) (790,072) 3,540,516 1,834,070 972,713 1,563,900 3,382,592 3,699,152 Other financing sources (uses) Transfers in 4,570,169 10,303,625 5,132,404 3,854,660 4,944,994 1,338,092 - 4,025,485 5,262,812 6,067,437 Transfers out (6,028,767) (10,303,625) (6,101,316) (4,622,039) (6,218,209) (1,954,794) (949,792) (4,898,439) (6,216,333) (7,340,256) Proceeds from refunding bonds ------Payments to refunded bond escrow agent ------Proceeds from Loans / Capital leases - - 1,731,557 1,127,337 211,127 3,357,434 - - - - Sale of capital assets 1,279 - - - 203,854 - 59,279 19,792 2,066,859 48,824 Total other financing sources (uses) (1,457,319) - 762,645 359,958 (858,234) 2,740,732 (890,513) (853,162) 1,113,338 (1,223,995) Net change in fund balances $ (2,825,804) $ 4,384,003 $ (2,448,131) $ (430,114) $ 2,682,282 $ 4,574,802 $ 82,200 $ 710,738 $ 4,495,930 $ 2,475,157 Debt service as a percentage of noncapital expenditures 10.24% 8.64% 8.98% 6.61% 5.05% 1.51% 4.70% 3.04% 2.96% 2.98%
273 CASCADE COUNTY, MONTANA ASSESSED VALUE AND ESTIMATED MARKET VALUE OF TAXABLE PROPERTY LAST TEN FISCAL YEARS
Real Property Personal Property Mobile Homes Total Property
Fiscal Year Taxable Taxable Taxable Ratio of Taxable Ended June Assessed Assessed Assessed Taxable Assessed Value Direct Mills 30 Market Value Value Market Value Value Market Value Value Market Value Assessed Value to Total Market Applied 2007 3,395,087,146 117,119,709 103,248,065 3,105,074 31,248,065 930,574 3,529,583,276 121,155,357 3.43% 158.70 2008 4,156,784,880 118,992,022 114,628,642 2,049,601 31,113,428 902,357 4,302,526,950 121,943,980 2.83% 160.29 2009 4,125,831,019 118,074,316 114,740,943 3,413,829 31,076,535 901,246 4,271,648,497 122,389,391 2.87% 161.92 2010 4,300,866,895 121,808,515 113,222,515 3,328,737 28,693,476 754,738 4,442,782,886 125,891,990 2.83% 154.36 2011 4,389,117,392 124,887,603 115,839,904 3,406,891 28,671,104 754,128 4,533,628,400 129,048,622 2.85% 164.97 2012 4,037,449,514 127,967,723 118,426,375 4,210,702 26,462,613 729,025 4,182,338,502 132,907,450 3.18% 169.12 2013 4,603,244,418 93,824,077 118,713,687 2,595,721 27,669,058 650,509 4,749,627,163 97,070,307 2.04% 173.95 2014 5,371,097,429 131,028,321 101,137,092 1,584,954 27,404,665 625,662 5,499,639,186 133,238,937 2.42% 176.89 2015 8,734,076,383 145,037,615 115,551,937 1,920,869 48,198,319 598,685 8,897,826,639 147,557,169 1.66% 179.57 2016 8,809,374,065 146,528,348 137,401,461 2,638,561 48,199,069 598,767 8,994,974,595 149,765,676 1.66% 179.57
Source: CSA Tax Program Treasurer Office
274 CASCADE COUNTY, MONTANA PROPERTY TAX RATES DIRECT AND OVERLAPPING GOVERNMENTS LAST TEN FISCAL YEARS
Cascade County Overlapping Governments Sun Great River Debt Total City of Falls Cascade Stockett Belt Valley Vaughn Ulm Operating Service County City of Town of Town of Great Transit School School School School School School School Fiscal Year Mills Mills Mills Belt Cascade Neihart Falls District District District District District District District District 2006 130.46 12.95 143.41 185.00 105.90 77.89 138.27 15.06 199.47 216.99 372.40 201.63 314.61 349.23 248.78 2007 148.45 10.25 158.70 189.00 106.33 81.01 140.94 15.80 184.34 212.29 344.03 222.39 311.59 336.80 244.09 2008 149.42 10.87 160.29 190.00 123.79 82.37 158.21 16.40 178.89 213.98 406.44 230.12 331.04 337.01 252.31 2009 155.72 6.20 161.92 189.14 121.02 83.10 162.76 16.35 178.89 213.98 406.44 230.12 331.04 337.01 252.31 2010 143.16 11.20 154.36 192.50 122.71 85.33 169.04 17.22 174.68 211.64 360.01 223.98 336.79 313.71 250.65 2011 155.77 9.20 164.97 196.55 126.45 88.30 173.10 17.84 179.93 215.75 339.56 207.11 330.66 312.21 261.12 2012 158.99 10.13 169.12 200.10 112.01 88.61 183.24 19.09 180.11 213.56 366.43 217.09 330.59 300.59 250.70 2013 166.79 9.19 175.98 200.50 117.82 89.96 193.57 20.00 186.38 226.64 365.92 200.32 334.04 304.20 245.83 2014 171.54 5.35 176.89 210.43 120.64 90.57 198.74 20.24 186.59 230.79 404.48 227.41 352.76 340.00 270.96 2015 174.08 5.49 179.57 220.01 130.07 90.91 204.54 21.17 200.28 245.37 401.32 247.90 375.14 340.43 293.10 2016 163.49 3.58 167.07 184.89 123.06 78.77 190.29 19.61 186.60 191.59 380.96 207.79 355.12 331.10 280.09
Overlapping Governments Rural Black Black West Deep Fire Eagle Eagle Soil and Great Creek Control Belt Fire Sewer Water Falls School 16 Rural District District Sun River Conser- Flood Total Fiscal Year District Districts Fire #1 #24 Cemetery vation Control State Mills 2006 140.38 71.19 8.82 13.27 40.03 2.40 1.92 26.79 148.03 3,021.47 2007 138.29 72.52 9.40 13.54 39.42 3.16 2.06 26.21 148.18 3,000.09 2008 139.86 71.59 9.66 13.13 39.64 3.05 1.95 26.13 149.87 3,135.73 2009 147.78 87.73 20.00 13.75 39.11 3.51 1.97 25.81 140.32 3,164.06 2010 168.99 84.59 20.00 15.68 38.11 3.01 2.00 26.05 146.82 3,117.87 2011 165.08 94.90 20.00 16.00 36.87 3.18 2.11 27.76 147.31 3,126.76 2012 173.90 100.00 20.00 16.48 36.87 3.30 2.17 37.30 141.72 3,162.98 2013 95.72 105.27 20.00 17.04 31.10 3.44 2.24 43.00 148.63 3,127.60 2014 104.59 104.06 20.00 18.19 30.17 3.53 2.31 48.51 149.48 3,311.34 2015 119.55 110.21 20.00 17.54 11.69 3.77 2.59 49.27 152.45 3,436.88 2016 Closed 98.50 20.00 14.90 11.70 3.58 2.13 46.41 147.86 3,042.02
275 CASCADE COUNTY, MONTANA PRINCIPAL PROPERTY TAXPAYERS June 30, 2016 and Ten Years Ago
2016 2006 Percentage of Total Percentage of Taxable Total Taxable Taxable Assessed Taxable Assessed Value Assessed Value Rank Value Assessed Value Rank Taxpayer Northwestern Energy Electric Generation 17,239,464 1 17.76% Northwestern Corp Transmission & Distr 11,924,265 2 12.28% 7,698,041 2 7.02% Montana Refining Co. 5,673,278 3 5.84% 738,365 6 0.67% Burlington Northern Santa Fe Railroad Co 2,553,558 4 2.63% 1,309,623 4 1.19% Centurylink Inc. 1,532,988 5 1.58% 0.00% Bresnan Communications 1,239,821 6 1.28% 0.00% Energy West Montana Inc. 1,196,768 7 1.23% 0.00% Phillips 66 Pipeline Co 856,957 8 0.88% 0.00% GK Development Inc. 828,144 9 0.85% 0.00% Front Range Pipeline LLC 804,962 10 0.83% 907,246 5 0.83% Totals $ 43,850,205 45.17% $ 10,653,275 9.71%
Total Taxable Value $ 97,070,307 $ 109,708,384
Source CSA Tax Program Treasurer Office
Source Documents CSA Program Top 10 Taxpayer Report & Total Taxable Value taken from TA Reports - Assessment
276 CASCADE COUNTY, MONTANA PROPERTY TAX LEVIES AND COLLECTIONS LAST TEN FISCAL YEARS
Collected within the Fiscal Year Total Tax Levy Fiscal Year of the Levy Total Collections to Date Ended June 30 for Fiscal Year Amount Percentage of Levy Amount Percentage of Levy 2007 15,876,505 15,475,146 97.47% 15,855,866 99.87% 2008 16,568,282 15,060,180 90.90% 16,553,371 99.91% 2009 16,425,501 15,351,477 93.46% 16,410,718 99.91% 2010 15,429,272 14,639,429 94.88% 15,413,843 99.90% 2011 15,667,461 15,213,861 97.10% 15,648,660 99.88% 2012 17,393,242 16,696,938 96.00% 17,372,370 99.88% 2013 18,012,528 17,688,302 98.20% 17,987,311 99.86% 2014 18,584,396 18,103,060 97.41% 18,554,661 99.84% 2015 20,195,241 20,023,607 99.10% 20,163,312 99.80% 2016 20,930,048 20,511,447 98.00% 20,511,447 98%
277 CASCADE COUNTY, MONTANA RATIOS OF OUTSTANDING DEBT BY TYPE LAST TEN FISCAL YEARS
Business-Type Governmental Activities Activities Special General Assessment Total Primary Percentage of Fiscal Year Obligation Bonds Bonds Loans Capital Leases Loans Government Personal Income Per Capita 2007 8,420,000 852,121 388,870 16,446 - 9,677,437 0.34% $ 121 2008 7,940,000 689,267 309,559 13,823 8,952,649 0.30% $ 111 2009 6,850,000 284,403 1,938,298 29,782 - 9,102,483 0.30% $ 113 2010 5,740,000 92,997 2,115,955 17,807 - 7,966,759 0.26% $ 98 2011 4,580,000 86,153 1,870,210 9,501 - 6,545,864 0.21% $ 80 2012 3,300,000 - 1,615,078 - - 4,915,078 0.15% $ 60 2013 2,050,000 - 1,327,221 - - 3,377,221 0.10% $ 41 2014 1,380,000 - 1,059,588 - 1,000,000 3,439,588 0.10% $ 42 2015 700,000 781,714 752,744 2,234,458 0.06% $ 27 2016 0 492,409 503,988 996,397 0.03% $ 12
278 CASCADE COUNTY, MONTANA RATIOS OF GENERAL BONDED DEBT OUTSTANDING LAST TEN FISCAL YEARS
General Less: Amounts Percentage of Estimated Obligation Available in Debt Actual Taxable Value of Fiscal Year Bonds Service Fund Total Property Per Capita 2007 8,420,000 106,705 8,313,295 6.86% $ 104 2008 7,940,000 596,705 7,343,295 6.02% $ 91 2009 6,850,000 190,244 6,659,756 5.44% $ 83 2010 5,740,000 299,931 5,440,069 4.32% $ 67 2011 4,580,000 159,599 4,420,401 3.43% $ 67 2012 3,300,000 150,737 3,149,263 2.37% $ 54 2013 2,050,000 2,050,000 2.11% $ 38 2014 1,380,000 1,380,000 1.04% $ 25 2015 700,000 700,000 0.47% $ 17 2016 0 0 0.00% $ 9
279 CASCADE COUNTY, MONTANA LEGAL DEBT MARGIN INFORMATION LAST TEN FISCAL YEARS
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Debt Limit $ 49,414,166 $ 60,235,377 $ 51,205,364 $ 53,331,329 $ 99,812,390 $ 104,558,463 $ 118,740,679 $ 137,490,980 $ 222,445,666 $ 224,874,365
Total debt applicable to limit 10,445,039 8,952,649 9,102,483 7,982,095 7,966,759 7,546,632 3,377,221 3,439,588 2,234,458 996,397
Legal debt margin $ 38,969,127 $ 51,282,728 $ 42,102,881 $ 45,349,234 $ 91,845,631 $ 97,011,831 $ 115,363,458 $ 134,051,392 $ 220,211,208 $ 223,877,968 Total debt applicable to the limit as a percentage of debt limit 21.14% 14.86% 17.78% 14.97% 7.98% 7.22% 2.84% 2.50% 1.00% 0.44%
Total assessed value 8,994,974,595
Debt limit (2.5% of total assessed value)* 224,874,365 Debt applicable to limit: General obligation bonds - Other Indebtness 996,397 Total net debt applicable to limit 996,397 Legal debt margin $ 223,877,968
* The State of Montana increased the debt limit starting in FY2011
280 CASCADE COUNTY, MONTANA DEMOGRAPHIC STATISTICS FOR THE LAST TEN FISCAL YEARS
Personal Income (amounts Per Capita expressed in Personal School Unemployment Fiscal Year Population thousands) Income Median Age Enrollment Rate 2007 80,099.00 2,875,132 35,895 39.6 12,003 4.0% 2008 80,529.00 3,000,120 37,255 39.3 11,879 4.0% 2009 80,680.00 3,002,633 37,217 39 11,787 5.1% 2010 81,540.00 3,113,785 38,187 38.9 11,679 6.1% 2011 81,769.00 3,224,542 39,435 39 11,564 7.1% 2012 81,723.00 3,336,106 40,882 38.7 11,512 * 5.7% 2013 82,834.00 3,357,888 40,759 39 11,517 5.1% 2014 82,344.00 3,712,973 45,091 38.1 11,588 4.3% 2015 82,278.00 3,709,997 45,091 38.1 12,946 4.1% 2016 81,755.00 ** 3,710,878 45,205 ** 38 ** 11,705 **** 3.7% *** * State of Montana Research & Analysis Bureau **U.S. Census Bureau 2016 Estimate ***State of Montana CEIC Website ****Superintendent of Schools Cascade County ***** Information Not Available to Date
281 CASCADE COUNTY, MONTANA PRINCIPAL EMPLOYERS FISCAL YEAR 2016 COMPARED TO FISCAL YEAR 2006
Employer 2016 2006 Employees Rank Percentage of Total Employees Rank Percentage of Total
**Malmstrom Air Force Base 3,590 1 26.98% 4,572 1 41.73% *Benefis Health Care Center 3,107 2 23.35% 2,044 2 18.66% *Great Falls Public School System 2,048 3 15.39% 1,417 3 12.93% *Montana Air National Guard 1,030 4 7.74% 979 4 8.94% *Wal-Mart 541 6 4.07% 663 7 6.05% *City of Great Falls 575 7 4.32% 500 7 4.56% *Cascade County 500 8 3.76% 480 9 4.38% Loenbro 280 9 2.10% n/a Easter Seals/Goodwill 267 10 2.01% n/a *Great Falls Clinic 541 11 4.07% 300 5 2.74% Centene Corporation 319 12 2.40% n/a *Albertson's 285 13 2.14% n/a 10 *Missouri River Manor 225 14 1.69% n/a -
Total County Employment-Principal Employers 13,308 10,955
*Sources: Great Falls Tribune, Geat Falls Chamber of Commerce
282 CASCADE COUNTY, MONTANA FULL-TIME EQUIVALENT COUNTY EMPLOYEES BY FUNCTION LAST TEN FISCAL YEARS
Function 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 General government 100 110 109 107 98 86 86 89 79 93 Public Safety 181 170 183 158 173 163 164 162 155 140 Public Works 80 76 71 77 61 107 93 103 93 89 Public Health 82 85 83 85 81 86 66 82 77 77 Social and economic services 45 49 48 44 38 52 44 40 50 39 Housing and community development 11 11 5 5 5 5 5 5 5 5 Conservation of natural resources 4 6 7 3 2 2 2 4 7 7 Miscellaneous/Expo Park 2 - 15 22 45 21 45 45 24 17 Total 505 507 521 501 503 522 505 530 490 467
*County Payroll June 30, 2014
283 Cascade County, Montana Capital Asset Statistics by Function Last Ten Fiscal Years
Function Function 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Public Safety Station/Detention Center Bldg 1 1 1 1 1 1 1 1 1 1 Mobile Command Center N/A N/A N/A 1 2 2 2 2 2 2 Patrol Units N/A N/A N/A 39 35 35 35 35 47 47 Prisoner Transports N/A N/A N/A 3 5 12 12 12 10 10
Public works Administration Building 1 1 1 1 1 1 1 1 1 1 Roads (miles) 1,300 1,300 1,300 1,300 1,522 1,522 1,522 1,522 1,522 1,522
Public health Clinic / Admin Building 1 1 1 1 1 1 1 1 1 1
Social and economic services Administration Building - - - 1 1 1 1 1 1 1 Senior Center 1 1 1 1 1 1 1 1 1 1 Admin Bldg. Bus Barn 1 1 1 1 1 1
N/A - information is not available
284 CASCADE COUNTY Schedule of Expenditures of Federal Awards Year Ended June 30, 2016
Federal Grantor/Pass-Through Grantor Federal CFDA Pass-Through / Federal Program Title Number Contract Number Expenditures
U.S. DEPARTMENT OF AGRICULTURE Pass Through Montana Department of Natural Resources and Conservation: Cooperative Forestry Assistance 10.664 VFA-15-070 $ 8,750
Pass Through Montana Department of Public Health and Human Services: Special Supplemental Nutrition Program for Women, Infants, and Children Woman/Infants/Children 14-15 10.557 16-07-5-21-003-0 256,990 Woman/Infants/Children 15-16 10.557 15-07-5-21-003-0 84,945 Subtotal CFDA 10.557 341,935
WIC Farmers' Market Nutrition Program (FMNP) 10.572 15-07-5-21-080-0 1,320
Commodity Supplemental Food Program - 2014 10.565 16-027-21005-0 38,917
TOTAL DEPARTMENT OF AGRICULTURE 390,922
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Pass through City of Great Falls CBDG: Community Development Block Grants/Entitlement Grants 14.218 25,000 Pass through Montana Department of Commerce: Community Development Block Grants/State's program and Non-Entitlement Grants 14.228 MT-CDBG-11PF-01 73,103
TOTAL DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 98,103
See Notes to the Schedule of Expenditures of Federal Awards 285 CASCADE COUNTY Schedule of Expenditures of Federal Awards Year Ended June 30, 2016
Federal Grantor/Pass-Through Grantor Federal CFDA Pass-Through / Federal Program Title Number Contract Number Expenditures
U.S. DEPARTMENT OF TRANSPORTATION
Pass though Montana Department of Transportation: Highway Planning and Construction Courthouse Roof Rehab 20.205 STPE 5299(109) 73,192
Occupant Protection Incentive Grants 20.602 CTS #107884 8,642
National Priority Safety Programs 20.616 CTS #108552 23,904
TOTAL DEPARTMENT OF TRANSPORTATION 105,738
U.S. ENVIRONMENTAL PROTECTION AGENCY Pass through Montana Department of Environmental Quality: Performance Partnership Grants 66.605 516001 11,253 Performance Partnership Grants 66.605 516002 2,014 Subtotal CFDA 66.605 13,267
Superfund State, Political Subdivision, and Indian Tribe Site-Specific Cooperative Agreements 66.802 V-97858401-2 24,783
TOTAL ENVIRONMENTAL PROTECTION AGENCY 38,050
See Notes to the Schedule of Expenditures of Federal Awards 286 CASCADE COUNTY Schedule of Expenditures of Federal Awards Year Ended June 30, 2016
Federal Grantor/Pass-Through Grantor Federal CFDA Pass-Through / Federal Program Title Number Contract Number Expenditures
U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES Pass through Montana Department of Public Health and Human Services: Ombudsman/Title VII 93.042 1622101000008 6,816
Senior Center Support/Title IIID 93.043 1622101000008 8,495
Aging Cluster Ombudsman/Title IIIB 93.044 1622101000008 20,029 Senior Center Support/ Title IIIB 93.044 1622101000008 57,754 SHIP/Title IIIB 93.044 1622101000008 390 Congregate Meals/Title IIIC 93.044 1622101000008 16,349 Aging Administration/Title IIIB 93.044 1622101000008 5,250 Aging Administration/Title IIIA 93.045 1622101000008 7,692 Congregate Meals/Title IIIC 93.045 1622101000008 109,920 Home Delivered Meals/Title IIIC 93.045 1622101000008 79,354 Nutrition Services Incentive Program 93.053 1622101000008 58,995 Subtotal Aging Cluster 355,733
Aging Administration/Title IIIE 93.052 1622101000008 4,101 Respite/Title IIIE 93.052 1622101000008 47,951 Subtotal CFDA 93.052 52,052
SHIP/SHIP 93.324 1622101000008 31,896
SMP - Counties 93.048 9,468
Public Health Emergency Preparedness 93.074 16-07-6-11-008-0 88,902
Immunization Cooperative Agreements Immunization Project 14-15 93.268 14-07-4-31-106-0 16,913 Immunization Project 15-16 93.268 15-07-4-31-106-0 16,920 Subtotal CFDA 93.268 33,833
Pass through Asscoiation of Food and Drug Officials Food and Drug Administration Research 93.103 G-T-1510-03316 4,216
See Notes to the Schedule of Expenditures of Federal Awards 287 CASCADE COUNTY Schedule of Expenditures of Federal Awards Year Ended June 30, 2016
Federal Grantor/Pass-Through Grantor Federal CFDA Pass-Through / Federal Program Title Number Contract Number Expenditures
Pass through University of New Mexico: Alcohol Research Programs 93.273 13,428
Pass through Montana Department of Public Health and Human Services: Montana Cancer Control 93.283 16-07-3-01-002-0 151,450
HIV Prevention Activities_Health Department Based Aids/HIV 13-14 93.940 14-07-4-51-004-0 - Aids/HIV 14-15 93.940 15-07-4-51-004-0 24,262 Subtotal CFDA 93.940 24,262
Maternal and Child Health Services Block Grant 93.994 16-07-5-01-007-0 163,678 Affordable Care Act (ACA) Maternal, Infant, and Early Childhood Home Visiting Program MIECHV ID 93.505 13-07-5-31-023-0 - MIECHV Expansion 93.505 16-07-5-01-085-0 204,618 MIECHV Safe Care 93.505 16-07-5-01-101-0 88,822 Subtotal CFDA 93.505 293,440
Pass through Yellowstone County/Riverstone Health: Grants to Provide Outpatient Early Intervention Services with Respect to HIV Disease 93.918 29,997
Health Centers Cluster Consolidated Health Centers (Direct) HRSA Grant 93.224 15-3981160 758,494 HRSA Grant 93.527 15-398160E 596,939 HRSA Grant 93.527 14-398160D 86,657 HRSA Grant (program income) 93.527 1,187,490 Subtotal Health Centers Cluster 2,629,580
TOTAL DEPARTMENT OF HEALTH AND HUMAN SERVICES 3,897,246
See Notes to the Schedule of Expenditures of Federal Awards 288 CASCADE COUNTY Schedule of Expenditures of Federal Awards Year Ended June 30, 2016
Federal Grantor/Pass-Through Grantor Federal CFDA Pass-Through / Federal Program Title Number Contract Number Expenditures
CORPORATION FOR NATIONAL AND COMMUNITY SERVICE Foster Grandparent Program 94.011 15SFPMT0005 195,821
TOTAL CORPORATION FOR NATIONAL AND COMMUNITY SERVICE 195,821
U.S. DEPARTMENT OF HOMELAND SECURITY Pass through Montana Department of Military Affairs, Montana Disaster and Emergency Services Division: Hazard Mitigation Grant 97.039 17,747
State Fire Training Systems Grants 97.042 87,842
Homeland Security Grant 97.067 91,017
TOTAL DEPARTMENT OF HOMELAND SECURITY 196,606
TOTAL EXPENDITURES OF FEDERAL AWARDS $ 4,922,486
See Notes to the Schedule of Expenditures of Federal Awards 289 CASCADE COUNTY
Notes to Schedule of Expenditures of Federal Awards
Year Ended June 30, 2016
Note 1 - Basis of Presentation The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant activity of the Cascade County under programs of the federal government for the year ended June 30, 2016. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Cascade County, it is not intended to and does not present the financial position, changes in net position, or cash flows of Cascade County. Note 2 - Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass- through entity identifying numbers are presented where available. Note 3 - Indirect Cost Rate Cascade County has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Note 4 - Subrecipients Of the federal expenditures presented in the schedule, the County provided no awards to subrecipients. Note 5 - Outstanding Federal Loans The County has no federal loan obligations as of June 30, 2016.
290 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
INDEPENDENT AUDITORS' REPORT
Board of County Commissioners Cascade County Great Falls, Montana
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business-type activities, each major fund and the aggregate remaining fund information of Cascade County (the "County"), as of and for the year ended June 30, 2016, and the related notes to the financial statements, which collectively comprise Cascade County's basic financial statements, and have issued our report thereon dated March 28, 2017. Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered Cascade County's internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the County's internal control. Accordingly, we do not express an opinion on the effectiveness of the County's internal control. Our consideration of internal control over financial reporting was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control over financial reporting that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. However, as discussed below, we identified certain deficiencies in internal control that we consider to be material weaknesses and other deficiencies that we consider to be significant deficiencies. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies in internal control, such that there is reasonable possibility that a material misstatement of the County’s financial statements will not be prevented, or detected and corrected on a timely basis. We consider the deficiencies described in the accompanying schedule of findings and questioned costs as items 2016-001 and 2016-002 to be material weaknesses. A significant deficiency is a deficiency, or combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. We consider the deficiencies described in the accompanying schedule of findings and questioned costs as items 2016-003 and 2016-004 to be significant deficiencies.
291 Cascade County 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 Page 2 Compliance and Other Matters As part of obtaining reasonable assurance about whether the County's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed instances of noncompliance or other matters that are required to be reported under Government Auditing Standards and which are described in the accompanying schedule of findings and questioned costs as items 2016-003 and 2016-005. County's Response to Finding Cascade County's responses to the findings identified in our audit are described in the accompanying corrective action plan. We did not audit Cascade County's responses and, accordingly, we express no opinion on the responses. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the County's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the County's internal control and compliance. Accordingly, this communication is not suitable for any other purpose.
JOSEPH EVE Certified Public Accountants
Great Falls, Montana March 28, 2017
292 REPORT ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY THE UNIFORM GUIDANCE
INDEPENDENT AUDITORS' REPORT
Board of County Commissioners Cascade County Great Falls, Montana
Report on Compliance for Each Major Federal Program We have audited 's (the "County") compliance with the types of compliance requirements described in the OMB Compliance Supplement that could have a direct and material effect on its major federal program for the year ended June 30, 2016. The County's major federal program is identified in the summary of auditors' results section of the accompanying schedule of findings and questioned costs. Management's Responsibility Management is responsible for compliance with federal statutes, regulations, and the terms and conditions of its federal awards applicable to its federal program. Auditors' Responsibility Our responsibility is to express an opinion on compliance for the County's major federal program based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Those standards and the Uniform Guidance require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on the major federal program occurred. An audit includes examining, on a test basis, evidence about the County's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion on compliance for the major federal program. However, our audit does not provide a legal determination of the County's compliance. Opinion on the Major Federal Program In our opinion, the County complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on its major federal program for the year ended June 30, 2016.
293 Cascade County Report on Compliance for Each Major Federal Program and on Internal Control over Compliance Required by the Uniform Guidance Page 2
Report on Internal Control over Compliance Management of the County is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered the County's internal control over compliance with the types of requirements that could have a direct and material effect on the major federal program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for its major federal program and to test and report on internal control over compliance in accordance with Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of the County's internal control over compliance. A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this report is not suitable for any other purpose. JOSEPH EVE Certified Public Accountants Great Falls, Montana March 28, 2017
294 CASCADE COUNTY
Schedule of Findings and Questioned Costs
June 30, 2016
1. Summary of Auditors' Results Financial Statements Type of auditors' report issued on whether the financial statements were prepared in accordance with GAAP: Unmodified All opinion units
Internal control over financial reporting:
Material weakness(es) identified? X Yes No
Significant deficiency(ies) identified? X Yes None Reported
Noncompliance material to financial statements noted? Yes X No
Federal Awards Internal control over major programs:
Material weakness(es) identified? Yes X No
Significant deficiency(ies) identified? Yes X None Reported
Type of auditors' report issued on compliance for major programs: Unmodified All Major programs
Any audit findings disclosed that are required to be reported in accordance with 2 CFR 200.516(a)? Yes X No
Identification of major programs CFDA Number(s) Federal Program or Cluster 93.224 / 93.527 Health Centers Cluster
Dollar threshold used to distinguish between Type A and Type B programs: $750,000
Auditee qualified as low-risk auditee? Yes X No
295 CASCADE COUNTY
Schedule of Findings and Questioned Costs
Year Ended June 30, 2016
2. Audit Findings in Relation to Financial Statements
2016-001 Prior Period Adjustments Criteria or Specific Requirement: United States audit standards AU-C Section 265.A11 identify the restatement of previously issued financial statements to reflect the correction of a material misstatement due to error as an indicator of a material weakness in internal control. Condition: Internal controls were not effective over account reconciliations for capital assets necessitating the County to restate beginning fund balance / net position to correct prior year misstatements. Context: Corrections to beginning net position resulted from land not being properly capitalized in previous years. The net affect on beginning net position is an increase of $1,896,336 for governmental activities. Effect: The prior year land and net potion were understated. Cause: The County has made progress in the last several years in capital asset records, however, an effective internal control was not in place to ensure capital assets were all recorded correctly. Repeat: Yes - Years as Repeat Finding: Three Auditor's Recommendation: We recommend the County perform a detailed capital asset inventory. This inventory should be designed to ensure completeness of capital assets, where the count is taken from actual assets and compared to accounting records. Views of Responsible Officials: See page 300 for corrective action planned.
296 CASCADE COUNTY
Schedule of Findings and Questioned Costs
Year Ended June 30, 2016
2. Audit Findings in Relation to Financial Statements - Continued
2016-002 Unreconciled Accounts Criteria or Specific Requirement: Internal controls should be in place to ensure reconciliations of all account balances are performed within a reasonable amount of time and are accurate. Condition: Internal controls were not properly designed to ensure all account balances were reconciled in a timely manner or were accurate. More specifically we noted the following: Deferred tax revenue was initially recorded in a proprietary fund when this should have been recognized as revenue. Materials and supplies inventory was not fully reconciled. Several materials accounts were understated before correction. There was inconsistent treatment of cash between funds. This resulted in overall cash being understated before correction. Additionally, several petty cash had documentation that did not agree to the accounting records The protested tax fund was not initially reconciled. The workers compensation fund and related liability accounts throughout the funds were not initially reconciled. Context: We performed substantive audit procedures for various balance sheet accounts. Effect: Without performing timely and accurate account reconciliations, information provided to management may not be accurate. Also, the probability that fraud or material errors could occur and go undetected, greatly increases. Cause: The County has made much progress in reconciling all accounts, however, additional priority should be given to the implementation of internal controls over timely and accurate reconciliations for the accounts mentioned above. Repeat: Yes - Years as Repeat Finding: Three Auditor's Recommendation: The County continue its efforts to develop internal controls to ensure all accounts are properly reconciled. Views of Responsible Officials: See page 300 for corrective action planned.
297 CASCADE COUNTY
Schedule of Findings and Questioned Costs
Year Ended June 30, 2016
2. Audit Findings in Relation to Financial Statements - Continued
2016-003 Controls over Mill Levy Reporting Criteria or Specific Requirement: Montana Code Annotated 15-10-305 states "The county clerk and recorder shall by the second Monday in September or 30 calendar days after receiving certified taxable values notify the department of the number of mills needed to be levied for each taxing jurisdiction in the county". A system of internal controls should be established and functioning to ensure each taxing jurisdiction's calculation of the number of mills needed to be levied is properly reported and assessed. Condition: Internal controls related to the reporting of taxing jurisdiction mills are not properly designed evidenced by the following: The County incorrectly reported the Black Eagle Fire District #1 mill in the Final Budget Document at 14.90 instead of 15.90 resulting in collection of $3,418 less tax revenue. The County incorrectly reported the Black Eagle Sewer District #24 mill in the Final Budget Document at 11.70 instead of 10.28. In addition, the County incorrectly assessed the levy at 31.10 instead of 10.28 resulting in $8,890 more in tax revenue collected. Context: We requested each taxing jurisdiction's calculation of the number of mills needed to be levied. We compared the certified taxable value used in the calculation to the report from the State. We compared the calculated mill with the mill reported in the County's Final Budget Document. We compared mills assessed per taxpayer bills with the mills calculated for 12 mill levies. Effect: Tax revenues were incorrectly assessed and collected for two taxing jurisdictions. Cause: The County has not assigned priority to the implementation of internal controls over accurate reporting and assessment of calculated mill levies for each taxing jurisdiction. Repeat: No Auditor's Recommendation: We recommend the County implement internal controls to ensure mill levies are properly reported and assessed. Views of Responsible Officials: See page 300 for corrective action planned.
298 CASCADE COUNTY
Schedule of Findings and Questioned Costs
Year Ended June 30, 2016
2. Audit Findings in Relation to Financial Statements - Continued
2016-004 Procurement and Authorization Criteria or Specific Requirement: Internal controls should be in place to ensure that all procurements are appropriately authorized prior to acquiring the good(s) or service(s). Condition: Internal controls are not in place to prevent unauthorized acquisition of goods or services. Context: We tested 100 expenditure transactions for the presence of certain internal controls, including proper, prior authorization from a department head or internal auditor. None of the expenditures sampled showed adequate prior authorization for acquisition of goods or services. On inquiry with staff, it was determined that authorization is only required to disburse funds for payment of the subsequent invoice. Effect: The County may have material, unauthorized liabilities. Cause: The County is implementing a true Purchase Order System in FY 2017, however, during the audit period this system was not in place. Repeat: Yes - Years as Repeat Finding: Two Auditor's Recommendation: We recommend the County continue with their plans to implement a PO system that is structured such that authorization is required before the acquisition of goods or services. Views of Responsible Officials: See page 300 for corrective action planned. 2016-005 Annual Financial Report Criteria or Specific Requirement: The Montana Code Annotated (MCA) 2-7-503 & 7- 6-611(2) require an annual financial report (AFR) to be completed within six months of the end of the reporting period. Condition: The County did not complete, within six months after June 30, 2016, its annual financial report. Context: We tested compliance with certain requirements as stated in the MCA. Effect: The County is not in compliance with MCA 2-7-503 & 7-6-611(2). Cause: The County has made progress in timely reconciliation processes, however, the County was not able to submit the AFR due to the lack of necessary resources to enable all accounts to be fully reconciled. It appears the County will be able to submit a timely AFR for FY 2017. Repeat: Yes - Years as Repeat Finding: Three Auditor's Recommendation: We recommend the County continue their efforts to reconcile accounts in a timely manner and catch up from previous year's difficulties. Views of Responsible Officials: See page 300 for corrective action planned. 3. Audit Findings and Questioned Costs in Relation to Federal Awards - None
299 CLERK AND RECORDEruAUDITOR 12l 4'h Sheet North Suite I B- l P O Box 2867 Great Falls. MT 59401 Phone (406) 454'6800 Fax (406) 454-6703 CescADE CoUNTY
2016 Audit Findings Corrective Action Plans
2016-{01 Prior Period Adiustments The County agrees with Auditor's recommendation. The county has performed detailed capital asset inventory within the last few years, resulting in finding land and assets not previously entered into the asset system. We will continue to perform a yearly inventory to ensure we include all capital assets into our system.
2016-oo2 Unreconciled Accounts The County agrees with the Auditor's recommendation. Due to the County's audits, being behind the last several years it has taken several audits to be current with newly implemented internal controls.
2015-003 Controls over Mill Lew Reportins The County agrees with the Auditor's recommendation. To have tighter controls over the balancing of the Mill Levy entries, new internal controls were established.
2016-004 Procurement and Authorization The County did implement a PO system that requires authorization before the acquisition of goods and services. This system was implement in, February 2017.
2016-005 Annual Financial Reoort The County is aware that the last few years' annual report has not met the required six month after the end of the reporting period. Now that the County is current on their audits, the County will be able to meet the guideline established by the Montana Code Annotated.
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300 CASCADE COUNTY
Summary Schedule of Prior Year Audit Findings
June 30, 2016
Finding 2015-001 Protested taxes - Implemented Finding 2015-002 Valuation of Inventory - Implemented Finding 2015-003 Prior period adjustments - Not Implemented The County is still working on implementing the corrective action plan from the prior year audit. See page 300 for updated corrective action planned. Finding 2015-004 Cash - Implemented Finding 2015-005 Capital Asset records - Implemented Finding 2015-006 Additional unreconciled accounts - Not Implemented The County is still working on implementing the corrective action plan from the prior year audit. See page 300 for updated corrective action planned. Finding 2015-007 Procurement and authorization - Not Implemented The County is still working on implementing the corrective action plan from the prior year audit. See page 300 for updated corrective action planned. Finding 2015-008 Annual financial report - Not Implemented The County is still working on implementing the corrective action plan from the prior year audit. See page 300 for updated corrective action planned. Finding 2015-009 Eligibility of WIC Recipients - Implemented Finding 2015-010 Allowable cost principles over payroll - Implemented
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