Lane County School District 4J 200 N. Monroe Street Eugene, OR 97402 541-790 -7700 | 4j.lane.edu Comprehensive Annual Financial Report for the year ended June 30, 2019 4J_CAFR_Tabs_2019.indd 1 12/4/19 5:27 PM EUGENE SCHOOL DISTRICT 4J, EUGENE, OREGON COMPREHENSIVE ANNUAL FINANCIAL REPORT Year Ended June 30, 2019 Prepared by: Financial Services Department EUGENE SCHOOL DISTRICT 4J, EUGENE, OREGON TABLE OF CONTENTS Page I. INTRODUCTORY SECTION Letter of Transmittal ............................................................................................................................... i GFOA Certificate of Achievement for Excellence in Financial Reporting .............................................. vi Listing of Principal Officials ................................................................................................................... vii Organization Chart ............................................................................................................................... viii II. FINANCIAL SECTION A. Independent Auditor’s Report ........................................................................................................ 1 B. Management’s Discussion and Analysis ...................................................................................... 9 C. Basic Financial Statements Government-wide Financial Statements: Statement of Net Position ........................................................................................................... 22 Statement of Activities ................................................................................................................ 23 Fund Financial Statements: Governmental Funds: Balance Sheet ........................................................................................................................ 24 Reconciliation of Total Governmental Fund Balances to Statement of Net Position .............. 25 Statement of Revenues, Expenditures and Changes in Fund Balances................................ 26 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of the Governmental Funds to the Statement of Activities ....................... 27 Statement of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual General Fund ................................................................................................................ 30 Federal, State and Local Programs Fund ..................................................................... 31 Proprietary Funds: Statement of Net Position ...................................................................................................... 34 Statement of Revenues, Expenses and Changes in Net Position ......................................... 35 Statement of Cash Flows ....................................................................................................... 36 Fiduciary Fund: Statement of Net Position………… .. ………………………………………………………………37 Statement of Revenues, Expenses and Changes in Net Position .................................. …...38 Notes to the Basic Financial Statements ......................................................................................... 41 D. Required Supplementary Information Schedule of Proportionate Share of Net Pension Liability for PERS ............................................... 92 Schedule of Contributions for PERS ............................................................................................... 92 Changes in Pension Plan Provisions and Assumptions .................................................................. 92 Schedule of Proportionate Share of Net OPEB Liability for RHIA ................................................... 93 Schedule of Contributions for RHIA ................................................................................................. 93 Schedule of Funding Progress for Early Retirement Programs ....................................................... 94 E. Other Supplementary Information Combining Statements – Nonmajor Governmental Funds Combining Balance Sheet ...................................................................................................... 96 Combining Statement of Revenues, Expenditures and Changes in Fund Balances ............. 97 EUGENE SCHOOL DISTRICT 4J, EUGENE, OREGON TABLE OF CONTENTS (Continued) II. FINANCIAL SECTION (Continued) Page E. Other Supplementary Information (Continued) Proprietary Funds – Internal Service Funds Combining Statement of Fund Net Position ........................................................................... 98 Combining Statement of Revenues, Expenses and Changes in Fund Net Position .............. 99 Combining Statement of Cash Flows ................................................................................... 100 Budgetary Comparisons Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual Governmental Funds: Debt Service Fund ........................................................................................................... 102 Capital Projects Fund ...................................................................................................... 103 Nonmajor Special Revenue Funds: Nutrition Services Fund ............................................................................................. 104 School Resources Fund ............................................................................................ 105 Proprietary Funds – Internal Service Funds Insurance Reserve Fund ................................................................................................. 106 Postemployment Benefits Fund ....................................................................................... 107 Fiduciary Fund – Trust and Agency Fund Private Purpose Trust Fund… ........................................................................................ .108 F. Capital Assets Used in the Operation of Governmental Funds Schedule by Source ...................................................................................................................... 111 Schedule by Function and Activity ................................................................................................. 112 G. Other Financial Schedules Computation of District Property Tax Levy .................................................................................... 116 Schedule of Property Tax Transactions ........................................................................................ 117 Debt Information ............................................................................................................................ 118 Summary of Adopted General Fund Budgets ................................................................................ 121 Summary Schedule of Cash Receipts and Disbursements - All Schools ...................................... 122 Schedule of Expenditures of Federal Awards................................................................................ 123 Notes to Schedule of Expenditures of Federal Awards ................................................................. 125 Department of Education Supplemental Information Schedules of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual Governmental Funds: General Fund ................................................................................................................... 129 Debt Service Fund ........................................................................................................... 133 Capital Projects Fund ...................................................................................................... 137 Federal, State and Local Programs Fund ........................................................................ 141 Nonmajor Special Revenue Funds: Nutrition Services Fund ................................................................................................... 145 School Resources Fund .................................................................................................. 149 Proprietary Funds – Internal Service Funds Insurance Reserve Fund ................................................................................................. 153 Postemployment Benefits Fund ....................................................................................... 157 Fiduciary Fund – Trust and Agency Fund Private Purpose Trust Fund ............................................................................................. 161 Schedule of Supplemental Information for State School Fund Apportionment to Other LEAs .............................................................................................. 164 EUGENE SCHOOL DISTRICT 4J, EUGENE, OREGON TABLE OF CONTENTS (Continued) III. STATISTICAL SECTION Page A. Financial Trends Condensed Statement of Net Position – Last Ten Fiscal Years ................................................... 168 Changes in Net Position – Last Ten Fiscal Years ....................................................................... 169 Fund Balances, Governmental Funds – Last Ten Fiscal Years ................................................... 170 Revenues, Expenditures and Changes in Fund Balances – Last Ten Fiscal Years ............................................................................................ 171 Government-wide Expenses by Function – Last Ten Fiscal Years .............................................. 172 General Fund Revenues by Sources