Audit Report-Morgan 911

Tammy Beckman

Informations

• Publié par: Nachung
• Nombre de lectures: 13
• Langue: English

Extrait

MORGAN COUNTY E-911 EMERGENCY
COMMUNICATIONS DISTRICT
JUNE 30, 2009

























TAMARA L. BECKMAN
CERTIFIED PUBLIC ACCOUNTANT MORGAN COUNTY E-911
EMERGENCY COMMUNICATIONS DISTRICT
JUNE 30, 2009
TABLE OF CONTENTS
Independent Auditor’s Report …………………………………………………… 1-2
Statement of Net Assets… 3
Statement of Revenues, Expenses,
and Changes in Fund Net Assets …………………………………………………… 4-5
Statement of Cash Flow… 6
Notes to the Financial Statement… 7-10
Budget and Actual …………………………………………………… 11-12
Schedule of Required Information… 13
911 Board Members… 14
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 …………………………………………………… 15-16TAMARA L. BECKMAN
CERTIFIED PUBLIC ACCOUNTANT

6A SOUTH MADISON AVENUE
COOKEVILLE, TN 38501
Office [phone]
Fax [phone]




INDEPENDENT AUDITOR’S REPORT



To the Board of Directors of the
Morgan County E-911 Emergency Communications District
Wartburg, Tennessee


I have audited the accompanying financial statements of the Morgan County E-911
Emergency Communications District, a component unit of Morgan County, as of and for
the year ended June 30, 2009, as listed in the table of contents. These financial
statements are the responsibility of the Morgan County E-911 Emergency
Communications District’s management. My responsibility is to express an opinion on
these financial statements based on my audit.

I conducted my 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 I plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free of material misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts and disclosures in
the financial statements. An audit also includes assessing the accounting principles used
and significant estimates made by management, as well as evaluating the overall financial
statement presentation. I believe that my audit provides a reasonable basis for my
opinion.

In my opinion, the financial statements referred to above present fairly, in all material
respects, the financial position of the Morgan County E-911 Emergency Communications
District, as of June 30, 2009, and the respective changes in financial position and cash
flows for the year then ended in conformity with accounting principles generally accepted
in the United States of America.

In accordance with Government Auditing Standards I have also issued my report dated
December 29, 2009, on my consideration of the Morgan County E-911 Emergency
Communications District’s internal control over financial reporting and on my 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 my testing and not to provide an opinion on the internal control over financial reporting or on
compliance. That report is an integral part of the audit performed in accordance with
Government Auditing Standards and should be considered in conjunction with this report
in considering the results of my audit.

GASB Statement No. 34 provides guidance on Management’s Discussion and Analysis,
which is not a required part of the basic financial statements, but is supplementary
information required by the Governmental Accounting Standards Board; however,
management has chosen to exclude this information.

My audit was conducted for the purpose of forming an opinion on the financial
statements of Morgan County E-911 Emergency Communications District, taken as a
whole. The accompanying supplementary financial information is presented for the
purposes of additional analysis and is not a required part of the financial statement of
Morgan County E-911 Emergency Communications District. Such information has been
subjected to the auditing procedures applied in the examination of the basic financial
statements and, in my opinion, is fairly stated in all material respects in relation to the
basic financial statements taken as a whole.

December 29, 2009
Cookeville, Tennessee

Tamara L. Beckman, CPA MORGAN COUNTY E-911
EMERGENCY COMMUNICATIONS DISTRICT
STATEMENT OF NET ASSETS
JUNE 30, 2009
ASSETS
Current Assets
Cash and Cash Equivalents $ 376,879.40
Investments - Certificate of Deposit 55,304.36
Accounts Receivable 1,300.46
Due from State Emer. Comm. Board 89,364.26
Interest Receivable 63.34
Prepaid Expenses 9,700.07
Total Current Assets $ 532,611.89
Non-Current Assets
Land 90,000.00
Office Equipment 19,809.58
Less: A/D Office Equipment (14,879.12)
Communications Equipment 268,399.24
Less: A/D Communications Equipment (99,993.60)
Vehicle 21,888.00
Less: A/D Vehicle (21,888.00)
Construction in Progress 1,350,223.47
Total Non-Current Assets 1,613,559.57
Total Assets 2,146,171.46
LIABILITIES AND NET ASSETS
Current Liabilities
Accounts Payable 52,594.17
Construction Loan 1,276,190.92
Interest Payable 24,704.38
Total Current Liabilities 1,353,489.47
Net Assets
Invested in Capital Assets, Net of Related Debt 337,368.65
Unrestricted Net Assets 455,313.34
Total Net Assets $ 792,681.99
The accompanying notes are in integral part of the financial statements
3MORGAN COUNTY E-911
EMERGENCY COMMUNICATIONS DISTRICT
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET ASSETS
FOR THE YEAR ENDED JUNE 30, 2009
Operating Revenues
Emergency Telephone Service Charges $ 145,693.70
State ECB – Shared Wireless Charges 51,320.20
State ECB – Operational Funding Program 86,168.76
Other Operating Revenue 13.23
Total Operating Revenue $ 283,195.89
Operating Expense
Contracted Services
Audit Services $ 1,750.00
Accounting Services 5,000.00
Contract with Morgan County 100,438.56
Fees paid to service providers 12,750.34
Legal Services 6,600.00
Maintenance Agreements 6,388.48
Lease/Rental-Building & Facilities 2,740.50
Maintenance & Repairs
Communications Equipment 24,929.23
Building & Facilities 969.63
Office Equipment 2,372.21
Vehicle 821.87
Other Contracted Services
Director 12,600.00
Administrative Personnel 10,000.44
Other 2,435.00
Total Contracted Services 189,796.26
Supplies & Materials
Office Supplies 1,175.42
Postage 216.80
Small Epuipment Purchases 2,432.61
Uniforms & Shirts 3,048.00
Utilities
Gas 29.88
The Accompanying Notes are an integrat part of the financial statement
4MORGAN COUNTY E-911
EMERGENCY COMMUNICATIONS DISTRICT
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET ASSETS CONTINUED
FOR THE YEAR ENDED JUNE 30, 2009
Telephone 2,527.55
Cell Phone 1,535.23
Fuel-Vehicle 2,267.03
Total Supplies & Materials 13,232.52
Other Charges
Bank Charges 88.00
Board Meeting Expenses 863.09
Dues & Memberships 288.00
Insurance-Liability 11,090.24
Legal Notices 385.86
Premiums on Surety Bonds 289.80
Training 3,119.00
Travel 16,321.57
Training Program 328.98
Miscellaneous 758.48
Total Other Charges 33,533.02
Depreciation 37,032.30
Total Operating Expenses 273,594.10
Net Operating Income 9,601.79
Non-Operating Revenue and Expense
State ECB-Grants and Reimbursements 106,167.50
Interest Income 3,140.29
Loss on Disposal of Property (2,179.28)
Interest Expense (24,743.25)
Total Non-Operating Revenue & Expense 82,385.26
Increase in Net Assets 91,987.05
Total Net Assets, July 1, 2008 700,694.94
Total Net Assets, June 30, 2009 $ 792,681.99
The Accompanying Notes are an integrat part of the financial statement
5MORGAN COUNTY E-911
EMERGENCY COMMUNICATIONS DISTRICT
STATEMENT OF CASH FLOW
FOR THE YEAR ENDED JUNE 30, 2009
Cash Flows From Operating Activities
Cash Received from Operations $ 201,997.93
Cash Payments for Goods and Services (227,130.05)
Net Cash Provided by Operating Activities $ (25,132.12)
Cash Flows from Capital & Related Financing Activities
Acquistion of New Assets (13,759.62)
Construct