CITY OF MAPLEWOOD, MISSOURI COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2018 Submitted By: Martin J. Corcoran City Manager Table of Contents Page Part I - Introductory Section (Unaudited): Letter of Transmittal ......................................................................................................................................i - iii Maplewood City Officials .................................................................................................................................. iv Organizational Chart .......................................................................................................................................... v GFOA Certificate of Achievement .................................................................................................................... vi Part II - Financial Section: Independent Auditor’s Report ................................................................................................................. 1 - 3 Management’s Discussion and Analysis (Unaudited) ...................................................................... 4 - 15 Basic Financial Statements: Government-wide Financial Statements: Statement of Net Position ................................................................................................................. 16 Statement of Activities ....................................................................................................................... 17 Fund Financial Statements: Balance Sheet - Governmental Funds ............................................................................................. 18 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position ...................................................................................... 19 Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds ........................................................................................ 20 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities ....................................................................................................... 21 Statement of Fiduciary Net Position - Fiduciary Fund Type - Pension Trust Fund ........................................................................................................................ 22 Statement of Changes in Fiduciary Net Position - Fiduciary Fund Type - Pension Trust Fund ................................................................................................... 23 Notes to Basic Financial Statements ............................................................................................... 24 - 57 Required Supplementary Information (Unaudited): Schedule of Revenues, Expenditures and Change in Fund Balance - Budget and Actual - General Fund ................................................................................. 58 Schedule of Revenues, Expenditures and Change in Fund Balance - Budget and Actual – Park and Storm Fund ................................................................... 59 Schedule of Revenues, Expenditures and Change in Fund Balance - Budget and Actual -1/4 Cent Fire Sales Tax Fund ........................................................ 60 Schedule of Revenues, Expenditures and Change in Fund Balance – Budget and Actual – Solid Waste Disposal Fund ......................................................... 61 Notes to Budgetary Comparison Information ................................................................................... 62 Table of Contents Page Part II - Financial Section (Continued): Required Supplementary Information (Unaudited) (continued): Pension Trust Fund: Schedule of Changes in Net Pension Liability ................................................................................ 63 Schedule of Employer Contributions .............................................................................................. 64 Schedule of Investment Returns ..................................................................................................... 65 Missouri Local Government Employees Retirement System (LAGERS): Schedule of Changes in Net Pension Liability ............................................................................ 66 Schedule of Employer Contributions .......................................................................................... 67 Other Post-Employment Benefits Program- Schedule of Changes in Total OPEB Liability and Related Ratios ................................................ 68 Other Supplementary Information - Combining Fund Financial Statements: Combining Balance Sheet - Nonmajor Governmental Funds ......................................................... 69 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Nonmajor Governmental Funds..................................................... 70 Combining Balance Sheet - Nonmajor Special Revenue Funds ...................................................... 71 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Nonmajor Special Revenue Funds ................................................................. 72 Other Supplementary Information - Budgetary Comparison Information (Unaudited): Schedule of Revenues, Expenditures and Change in Fund Balance - Budget and Actual - Governmental Funds: Major Capital Projects Fund: ½ Cent Capital Improvement Fund ....................................................................................... 73 Non-Major Special Revenue Funds: Sewer Lateral Fund.................................................................................................................. 74 Forfeiture Fund ........................................................................................................................ 75 Non-Major Debt Service Funds: Deer Creek Center Special Allocation Fund ......................................................................... 76 Cambridge Commons Fund ................................................................................................... 77 Special Business District Fund ............................................................................................... 78 Hanley Road Special Allocation Fund.................................................................................... 79 Table of Contents Page Part III - Statistical Section (Unaudited): Net Position by Component ......................................................................................................................................... 80 Changes in Net Position ............................................................................................................................................... 81 Program Revenues by Function/Program .................................................................................................................. 82 Fund Balances - Governmental Funds ........................................................................................................................ 83 Changes in Fund Balances - Governmental Funds ................................................................................................... 84 Tax Revenue By Source, Governmental Funds .......................................................................................................... 85 Assessed Value and Actual Value of Taxable Property............................................................................................. 86 Direct and Overlapping Property Tax Rates .............................................................................................................. 87 Principal Property Tax Payers ...................................................................................................................................... 88 Property Tax Levies and Collections ........................................................................................................................... 89 Ratios of Outstanding Debt by Type ........................................................................................................................... 90 Ratios of General Bonded Debt Outstanding and Legal Debt Margin ....................................................................................................................................................... 91 Direct and Overlapping Governmental Activities Debt ............................................................................................ 92 Pledged-Revenue Coverage ......................................................................................................................................... 93 Demographic and Economic Statistics ....................................................................................................................... 94 Principal Employers ....................................................................................................................................................... 95 Full-Time Equivalent City Government Employees by Function/Program ....................................................................................................................................................... 96 Operating Indicators by Function/Program ............................................................................................................... 97 Capital Asset Statistics