2006 Audit

Michael Weber

Informations

• Publié par: Erni
• Nombre de lectures: 55
• Langue: English

Extrait

Comprehensive Annual Financial Report For the Fiscal Year Ended December 31, 2006 CITY OF LONE TREE, COLORADO COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Fiscal Year Ended December 31, 2006 Prepared by: Department of Finance  CITY OF LONE TREE COMPREHENSIVE ANNUAL FINANCIAL REPORT TABLE OF CONTENTS For the Year Ended December 31, 2006 PAGE Title Page ........................................................................................................................................1 Table of Contents.............................................................................................................................2 INTRODUCTORY SECTION Letter of Transmittal ............................................................................................................4 Certificate of Achievement..................................................................................................8 Organization Chart...............................................................................................................9 List of Principal Officials...................................................................................................10 FINANCIAL SECTION Independent Auditor’s Report............................................................................................11 Management’s Discussion and Analysis ...........................................................................12 Basic Financial Statements Government-wide Financial Statements: Statement of Net Assets.........................................................................................20 Statement of Activities...........................................................................................21 Fund Financial Statements: Balance Sheet - Governmental Funds....................................................................22 Reconciliation of the Balance Sheet - Governmental Funds to the Statement of Net Assets.........................................................................23 Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds.............................................................24 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities.....................................................................................25 Statement of Fiduciary Net Assets - Fiduciary Fund.............................................26 Notes to Financial Statements......................................................................................27 Required Supplemental Information General Fund - Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual ........................................................................49 Special Revenue Fund - Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual ........................................................................55 Combining and Individual Fund Financial Statements and Schedules Statement of Changes in Assets and Liabilities - Agency Fund.............................................................................................................57 2  CITY OF LONE TREE COMPREHENSIVE ANNUAL FINANCIAL REPORT TABLE OF CONTENTS For the Year Ended December 31, 2006 (Continued) PAGE Other Supplemental Information Local Highway Finance Report ...................................................................................58 STATISTICAL SECTION Financial Trends Net Assets by Component (Table 1)..................................................................................60 Changes in Net Assets (Table 2)........................................................................................61 Fund Balances, Governmental Funds (Table 3) ................................................................62 Changes in Fund Balances, Governmental Funds (Table 4)..............................................63 Revenue Capacity Direct and Overlapping Sales Tax Rates (Table 5) ...........................................................64 Sales Tax Revenue Payers by Industry (Table 6) ..............................................................65 Sales Tax Revenue Collections (Table 7)..........................................................................66 Debt Capacity Assessed Value and Estimated Actual Value of Taxable Property (Table 8)....................67 Property Tax Rates - Direct and Overlapping Governments (Table 9) .............................68 General Obligation Debt - Direct and Overlapping Governments (Table 10)...................69 Demographic and Economic Information Demographic and Economic Statistics (Table 11).............................................................70 Principal Employers (Table 12).........................................................................................71 Operating Information Full-time Equivalent City Government Employees by Function/Program (Table 13)......72 Operating Indicators by Function/Program (Table 14)......................................................73 Capital Asset Statistics by Function/Program (Table 15)..................................................74 3 CITY OF LONE TREE ORGANIZATION CHART December 31, 2006 Ciittiizzeens of Cittiizzeenns of Loonnee Tree Loonnee Tree Boardss,, CCommissions MAYYOOR AND MAYYOORR AND Boards,, CCoommissions and CCoommittees CITYY CCOUNCIL CITY CCOOUNCIL and CCoommmittees Louis Gresshh Louis Gresshh Gary Whhiittee Gary Whiittee Municipal Coouurrt Municipal Coouurrtt City Attorrnneey City Attorrnneeyy Judge Judge Jack Hidahl Jack Hidahl City Manager City Manager Michelle Kivela Michelle Kivela Deputy Deputy Seth Hoffman Seth Hoffman City Manager City Manager Assistant Assistant City Manager City Manager Community Administrative Community Administrative Police Finance Building Public Works Police Finance Building Public Works Development Services Development Services Department Department Department Department Department Department Department Department Department Department Department Department 9