BANNOCK COUNTY STATE OF IDAHO 2012 COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2012 DALE HATCH, AUDITOR Prepared by the Auditing Department Kristi Klauser, Comptroller BANNOCK COUNTY STATE OF IDAHO 2012 COMPREHENSIVE ANNUAL FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2012 DALE HATCH, AUDITOR Prepared by the Auditing Department Kristi Klauser, Comptroller BANNOCK COUNTY, IDAHO COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED SEPTEMBER 30, 2012 TABLE OF CONTENTS INTRODUCTORY SECTION Letter of Transmittal . .. .. .. .. .. .. .. .. .. .. 1 GFOA Certificate of Achievement . 4. Organizational Chart . .. .. .. .. .. .. .. .. .. .. 5 Elected Officials Information . .. .. .. .. .. .. .. .. .. .. 6. County and State Officials Information . .. .. .. .. .. .. .. .. .. .. .7 . Classification of Funds . .. .. .. .. .. .. .. .. .. .. 8 FINANCIAL SECTION Independent Auditor's Report . .. .. .. .. .. .. .. .. .. .. .9 . Management’s Discussion and Analysis . 11. Basic Financial Statements: Government-Wide Financial Statements: Statement of Net Asset . .. .. .. .. .. .. .. .. .. .. 21. Statement of Activities . .. .. .. .. .. .. .. .. .. .. .22 . Fund Financial Statements: Governmental Funds: Narrative . .. .. .. .. .. .. .. .. .. .. 23 Balance Sheet . .. .. .. .. .. .. .. .. .. .. 24 Statement of Revenues, Expenditures, and Changes in Fund Balances . .. .. .. .. .. .. .. .. .. .. .26 . Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities . .. .. .. .. .. .. .. .. .. .. 28. Proprietary Funds: Narrative . .. .. .. .. .. .. .. .. .. .. 29 Statement of Net Assets . 30. Statement of Revenues, Expenses, and Changes in Fund Net Assets . .. .. .. .. .. .. .. .. .. .. 31. Statement of Cash Flows . .. .. .. .. .. .. .. .. .. .. 32. Fiduciary Funds: Narrative . .. .. .. .. .. .. .. .. .. .. 33 Statement of Fiduciary Net Assets . .. .. .. .. .. .. .. .. .. .. 34. Notes to the Financial Statements: Note I. Summary of Significant Accounting Policies . 35. Note II. Detailed Notes on All Funds . .. .. .. .. .. .. .. .. .. .. 40. Note III. Other Information . .. .. .. .. .. .. .. .. .. .. .45 . Required Supplementary Information Other Than MD&A: Schedules of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Major Funds: General Fund . .. .. .49 . Justice Fund . .. .. .. .. .. .. .. .. .. .. .53 Road and Bridge . .. .. .. .. .. .. .. .. .. .. 55. Ambulance District . .. .. .. .. .. .. .. .. .. .. .56 . i. BANNOCK COUNTY, IDAHO COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED SEPTEMBER 30, 2012 TABLE OF CONTENTS (Continued) Notes to Required Supplementary Information Budgetary Reporting, Stewardship, Compliance, and Accountability . 57. Combining and Individual Fund Statements and Schedules: Non-Major Governmental Funds: Narrative . .. .. .. .. .. 59. Combining Balance Sheet . 62. Combining Statement of Revenues, Expenditures, and Changes in Fund Balances . .. .. .. .. .. .66 . Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual: Jail Bonds Debt Service Fund . .. .. .. .. .. 71. District Court Special Revenue Fund . .. .. .. .. .. .72 . Fair District Special Revenue Fund . .. .. .. .. .. .73 . Fair Maintenance Special Revenue Fund . .. .. .. .. .. 74. Fair Exhibit Special Revenue Fund . .. .. .. .. .. 75. Health District Special Revenue Fund . .. .. .. .76 . Historical Society Special Revenue Fund . 77. Indigent Special Revenue Fund . .. .. .. .. .. .78 . Junior College Special Revenue Fund . .. .. .. .. .. .79 . Appraisal Special Revenue Fund . .. .. .. .. .. .80 . Revenue Sharing Special Revenue Fund . .. .. .. .. .. 81. Veterans Memorial Special Revenue Fund . ..