2007 Comprehensive Annual Financial Report
For the Year Ending June 30, 2007
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Top of PageIntroductory Section
| Document Title | Page Number |
|---|---|
| Letter of Transmittal | page i |
| Certificate of Achievement for Excellence in Financial Reporting | page vii |
| Form of Government | page viii |
| Organization Chart of the Metropolitan Government | page ix |
| Elected Officials | page x |
| Organization Chart of the Department of Finance | page xi |
Financial Section
| Document Title | Page Number |
|---|---|
| Management’s Discussion and Analysis | A - 1 |
Basic Financial Statements |
|
| Statement of Net Assets | B - 2 |
| Statement of Activities | B - 4 |
| Balance Sheet - Governmental Funds | B - 6 |
| Reconciliation of the Balance Sheet to the Statement of Net Assets - Governmental Funds | B - 8 |
| Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds | B - 10 |
| Reconciliation of the Statement of Revenues, Expenditures, and Changes in Funds Balances of Governmental Funds to the Statement of Activities | B - 14 |
| Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - General Fund | B - 16 |
| Statement of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual - General Purpose School Fund | B - 17 |
| Statement of Net Assets - Proprietary Funds | B - 18 |
| Statement of Revenues, Expenses and Changes in Fund Net Assets - Proprietary Funds | B - 20 |
| Statement of Cash Flows - Proprietary Funds | B - 22 |
| Statement of Fiduciary Net Assets - Fiduciary Funds | B - 24 |
| Statement of Changes in Fiduciary Net Assets - Fiduciary Funds | B - 25 |
| Statement of Net Assets - Component Units | B - 26 |
| Statement of Activities - Component Units | B - 34 |
| Notes to the Financial Statements | B - 39 |
| Required Supplementary Information (Unaudited) - Condition Rating of Transportation Network | B - 102 |
| Required Supplementary Information (Unaudited) – Schedule of Funding Progress | B - 104 |
| Required Supplementary Information (Unaudited) – Schedule of Employer Contributions | B - 108 |
Governmental Funds |
|
| Combining Balance Sheet - Nonmajor Governmental Funds | C - 2 |
| Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Nonmajor Governmental Funds | C - 8 |
| Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - GSD General Purposes Debt Service Fund | C - 13 |
| Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - GSD School Purposes Debt Service Fund | C - 14 |
| Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - USD General Purposes Debt Service Fund | C - 15 |
| Description of Nonmajor Governmental Funds | C - 16 |
Proprietary Funds |
|
| Combining Statement of Net Assets - Nonmajor Enterprise Funds | D - 2 |
| Combining Statement of Revenues, Expenses and Changes in Fund Net Assets - Nonmajor Enterprise Funds | D - 6 |
| Combining Statement of Cash Flows - Nonmajor Enterprise Funds | D - 8 |
| Combining Statement of Net Assets - Internal Service Funds | D - 12 |
| Combining Statement of Revenues, Expenses and Changes in Fund Net Assets - Internal Service Funds | D - 16 |
| Combining Statement of Cash Flows - Internal Service Funds | D - 20 |
| Description of Proprietary Funds | D - 28 |
Fiduciary Fund |
|
| Combining Statement of Fiduciary Net Assets - Fiduciary Funds - Pension (and Other Employee Benefit) Trust Funds | E - 2 |
| Combining Statement of Fiduciary Net Assets - Fiduciary Funds - Agency Funds | E - 4 |
| Combining Statement of Changes in Fiduciary Net Assets - Fiduciary Funds - Pension (and Other Employee Benefit) Trust Funds | E - 6 |
| Combining Statement of Changes in Assets and Liabilities - Agency Funds | E - 8 |
| Description of Fiduciary Funds | E - 11 |
Component Units |
|
| Balance Sheet - Sports Authority Fund | F - 2 |
| Reconciliation of the Balance Sheet to the Statement of Net Assets - Sports Authority | F - 3 |
| Statement of Revenues, Expenditures and Changes in Fund Balances - Sports Authority Fund | F - 4 |
| Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances to the Statement of Activities - Sports Authority | F - 5 |
Schedules |
|
| Schedule of Combining Balance Sheets - General Fund | G - 2 |
| Combining Schedule of Revenues, Expenditures and Changes in Fund Balances - General Fund | G - 3 |
| Combining Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - General Fund | G - 4 |
| Detailed Schedule of Expenditures and Other Financing Sources (Uses) - Budget and Actual - General Fund - General Services District | G - 6 |
| Detailed Schedule of Expenditures and Other Financing Sources (Uses) - Budget and Actual - General Fund - Urban Services District | G - 9 |
| Schedule of Delinquent Property Taxes Receivable - By Fund | G - 10 |
| Schedule of Delinquent Property Taxes Receivable - By Type | G - 12 |
| Schedule of Bonds and Notes Payable | G - 14 |
| Future Principal and Interest Requirements of Bonds Payable | G - 18 |
| Budgetary Schedule of Estimated Revenues and Fund Balances to Support Appropriations - 2007-2008 Fiscal Year | G - 24 |
| Budgetary Schedule of Appropriations by Function and/or Funds - 2007-2008 Fiscal Year | G - 26 |
| Budgetary Schedule of Requirements of the Debt Service Funds by Function - Debt Service Funds - General Services District - 2007-2008 Fiscal Year | G - 27 |
| Budgetary Schedule of Requirements of the Debt Service Funds by Function - Debt Service Funds - Urban Services District - 2007-2008 Fiscal Year | G - 28 |
| Budgetary Schedule of Appropriations - School Funds - General Services District - 2007-2008 Fiscal Year | G - 29 |
| Combined Schedule of Assets and Liabilities - Constitutional Officers | G - 30 |
| Combined Schedule of Cash Receipts, Disbursements and Balances - Constitutional Officers | G - 32 |
| Combined Schedule of Changes in Fee and Commission Accounts - Constitutional Officers | G - 34 |
Statistical Section
| Document Title | Page Number |
|---|---|
| Table of Contents | H - 1 |
| Net Assets by Component Last Six Fiscal Years | H - 2 |
| Changes in Net Assets Last Six Fiscal Years | H - 4 |
| Fund Balances of Government Funds Last Ten Fiscal Years | H - 8 |
| Fund Balances of Budgeted Governmental Funds Last Ten Fiscal Years | H - 10 |
| Changes in Fund Balances of Governmental Funds Last Ten Fiscal Years | H - 12 |
| Assessed Value and Estimated Actual Value of General Services District Taxable Property Last Ten Fiscal Years | H - 16 |
| Assessed Value of Urban Services District Taxable Property Last Ten Fiscal Years | H - 18 |
| Property Tax Rates Last Ten Fiscal Years | H - 19 |
| Principal Property Taxpayers Current Year and Nine Years Ago | H - 20 |
| Property Tax Levies and Collections Last Ten Years | H - 22 |
| Ratios of Outstanding Debt by Type Last Ten Fiscal Years | H - 24 |
| Ratios of General Bonded Debt Outstanding General and Urban Services Districts Last Ten Fiscal Years | H - 26 |
| Ratios of General Bonded Debt Outstanding Urban Services District Last Ten Fiscal Years | H - 27 |
| Legal Debt Margin Information Urban Services District Last Ten Fiscal Years | H - 28 |
| Computation of Legal Debt Margin Urban Services District for the Year Ended June 30, 2007 | H - 29 |
| Ratio of Annual Debt Service Expenditures for General Bonded Debt to Total General Expenditures Last Ten Fiscal Years | H - 30 |
| Pledged Revenue Coverage Department of Water and Sewerage Services Revenue Bonds Last Ten Fiscal Years | H - 31 |
| Demographic and Economic Statistics Last Ten Calendar Years | H - 32 |
| Principal Employers Current Year and Nine Years Ago | H - 33 |
| Full-Time Equivalent Government Employees by Function Last Ten Fiscal Years | H - 34 |
| Operating Indicators by Function Last Ten Fiscal Years | H - 36 |
| Capital Asset Statistics by Function Last Ten Fiscal Years | H - 40 |