COMPREHENSIVE ANNUAL FINANCIAL REPORT of the FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2013 COMPREHENSIVE ANNUAL FINANCIAL REPORT of the FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2013 CITY OF Decatur COMPREHENSIVE ANNUAL FINANCIAL REPORT SEPTEMBER 30, 2013 Table of Contents Part I - Introductory Section: Page Title Page ................................................................................................................................................................ I GFOA Certificate of Achievement ............................................................................................................................ II Table of Contents .................................................................................................................................................. III Organizational Chart ............................................................................................................................................. VII Boards and Commissions .................................................................................................................................... VIII Officials of the City of Decatur, Alabama ................................................................................................................. IX Letter of Transmittal ................................................................................................................................................ X Part II - Financial Section: Independent Auditor’s Report .................................................................................................................................. 1 Management’s Discussion and Analysis .................................................................................................................. 3 Basic Financial Statements: Government-wide Financial Statements: Statement of Net Position ............................................................................................................................... 15 Statement of Activities .................................................................................................................................... 16 Fund Financial Statements: Balance Sheet – Governmental Funds ............................................................................................................ 17 Statement of Revenues, Expenditures, and Changes in Fund Balances – Governmental Funds ....................... 18 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities ..................................................... 19 Statement of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual ........................... 20 Statement of Net Position – Proprietary Funds ................................................................................................ 21 Statement of Revenues, Expenses, and Changes in Fund Net Position – Proprietary Funds ............................ 22 Statement of Cash Flows – Proprietary Funds ................................................................................................ 23 -III- Table of Contents Notes to the Financial Statements ......................................................................................................................... 26 Supplementary Information: Combining and Individual Fund Financial Statements: Balance Sheet – General Fund ....................................................................................................................... 63 Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget & Actual – By Activity – General Fund ........................................................................... 64 Combining Balance Sheet – Non-major Governmental Funds (by fund type) .................................................... 72 Combining Statement of Revenue, Expenditures and Changes in Fund Balances – Non-major Governmental Funds (by fund type) .......................................................................... 73 Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual: 7 Cent Gas Tax Fund ..................................................................................................................................... 74 Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual: 4 & 5 Cent Gas Tax Fund ............................................................................................................................... 75 Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual: Personnel Board Fund ................................................................................................................................... 76 Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual: Heritage Trust Fund ....................................................................................................................................... 77 Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual: Corrections Fund ........................................................................................................................................... 78 Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual: Docket Fee Fund ........................................................................................................................................... 79 Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual: Drug Seizure Fund ......................................................................................................................................... 80 Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual: Room Occupancy Tax Fund ........................................................................................................................... 81 Combining Statement of Net Position – Non-major Proprietary Funds ................................................................. 82 Combining Statement of Revenue, Expenses and Changes in Fund Net Position – Non-major Proprietary Funds ................................................................................................... 83 Combining Statement of Cash Flows – Non-major Proprietary Funds .................................................................. 84 -IV- Table of Contents Part III - Statistical Section (Unaudited): Table of Contents ................................................................................................................................................ A-1 Net Assets by Component, Last Ten Fiscal Years ................................................................................................. B-1 Changes in Net Assets, Last Ten Fiscal Years ...................................................................................................... B-2 Fund Balance, Governmental Funds, Last Ten Fiscal Years .................................................................................. B-4 Changes in Fund Balances, Governmental Funds, Last Ten Fiscal Years .............................................................. B-5 Assessed and Estimated Actual Value of Taxable Property, Last Ten Fiscal Years ................................................ C-1 Direct and Overlapping Property Tax Rates, Last Ten Fiscal Years ....................................................................... C-2 Principal Property Taxpayers, Last Ten Fiscal Years ............................................................................................. C-3 Property Tax Levies and Collections, Last Ten Fiscal Years .................................................................................. C-5 Taxable Sales by Category, Current Year and Eight Prior Calendar Years ............................................................. C-6 Direct and Overlapping Sales Tax Rate, Last Ten Fiscal Years ............................................................................. C-7 Principal Sales Tax Remitters, Current Year and Eight Prior Years ........................................................................ C-8 Gas Electric, Water & Wastewater Revenues, Last Ten Fiscal Years ................................................................... C-10 Ratio of Outstanding Debt by Type, Last Ten Fiscal Years .................................................................................... D-1 Ratio of General Bonded Outstanding, Last Ten Fiscal Years................................................................................ D-2 Direct and Overlapping Governmental Activities Debt as of September 30, 2013 ................................................... D-3 Legal Debt Margin Information, Last Ten Fiscal Years........................................................................................... D-4 Pledged-Revenue Coverage, Last Ten Fiscal Years ............................................................................................. D-5 Demographic and Economic Statistics, Last Ten Fiscal Years ............................................................................... E-1 Principal Employers, Current Year and Prior Seven Years..................................................................................... E-2 Full-Time-Equivalent City Government Employees by Function, Last Ten Fiscal Years .........................................