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Fiscal Year 2000 s �e =P E- yk NSF t , S For the ,Fiscal year Ended+September 30, 2000 MONROE COUNTY, FLORIDA COMPREHENSIVE ANNUAL ,FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2000 DANNY'L. KOLHAGE CLERK OF THE CIRCUIT COURT 'PREPARED BY. CLERK OF,THE CIRCUIT COURT FINANCE DEPARTMENT SANDRA CARLILE FINANCE DIRECTOR Cover photo is courtesy of local photographer, Michelle Wisniewski. MONRO. E.COLINTY, FLORIDA BOARDOF COUNTY COMMISSIONERS SHIRLEY FREEMAN, MAYOR DISTRICT 3 WILHELMINA HARVEY NORA WILLIAMS DISTRICT 1 DISTRICT 4 GEORGE NEUGENT MARY KAY REICH DISTRICT 2 DISTRICT 5 COUNTY,ADMINISTRATOR JAMES ROBERTS- CLERK'OF THE CIRCUIT COURT AND CHIEF FINANCIAL OFFICER DANNY L. KOLHAGE MONROE COUNTY, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2000 TABLE OF C &TENTS PAGE INTROQUCjQ-RY3E_CTION Table of Contents.................. ...... ............... ............. ....... ...... .......... A I Transmittal Letter of the Clerk of the Circuit Court............'.......... .....................*.......*......... A-5 Certificate of Achievement for Excellence in Financial Rsporting................ .............. .......... A-17 Organizational Chart........................................... ................... ................ ........... A-18 FINANCIAL SECTION Independent Auditors,' Report.... ...........................-................ ...... ................ ........... B-1 COMBINED FINANCIAL STAIEMENT-$ ,GENERAL PURPOSE FINANCIAL STATEMENTS: , Combined Balance Sheet-All Fund Types,Account Groups and Discretely Presented Component Unit....... C-1 Combined Statement of Revenues, Expenditures and Changes in Fund Balances,- All Governmental Fund Types, Expendable Trust Funds and Discretely Presented Component Unit............. C-5 Combined Statement of Revenues, Expenditures and Changes in Fund Balances- Budget and Actual-All Governmental Fund Types and Expendable Trust Funds............................. .............. C-7 Combined Statement of Revenues, Expenses and Changes in Fund Equity- AllProprietary Fund Types..... .............. ..................................*..............I.......*.......*......... ......... C-1 1 Combined Statement of Cash Flows-All Proprietary Fund Types....................................-..................................... C-12 Combined Statement of Changes in Plan Net Assets............................................. ...— ........ C-14 7.............*"*......... Notes to Combined Financial Statements................. .................... .................................................................. C-15 COMBINING, INDWIDUAL FUND AN GOVERNMENTAL FUND TYPES: General Fund Schedule of Revenues, Expenditures and Changes in Fund BalanceL- Budget and Actual..................... D-1 Special Revenue Funds Combining Bal-ance Sheet.....--........ ........... ................. ................... ..................- .... E-1 Combining Statement of Revenues, Expenditures and Changes in Fund Balance........- ... E-10 ,Statements and Schedules of Revenues, Expenditures and Changes in Fund Balance- Budget and Actual: Affordable Housing Programs.............. .............. ....... ...................... ................. E-19 Fine and Forfeiture.............. ............................ ............. ................. E-20 Roadand Bridge............. .............. ........ ....... ....... ....... ...... .............--..... .... ...... E-22 LawLibrary....... ................ .................. ......... ........ .........--...... ................... ........ .... E-24 Tourist Development, All Districts, Two Cent............... ..............I...... ......... .......... E-25 Tourist Development, Administrative and Promotional, Two Cent....,...... E-26 A-1 (Continued) MONROE COUNTY, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30,,2000 TABLE OF CONTENTS - CONTINUED PAGE .......... Tourist Development, District#One, Three Cent................_.................... ............. .............. E-27 Tourist Development, District #Two, Three Cent....... ........................... ................ ............ E-28 Tourist Development, District#Three,Three Cent....................................................... ......... E-29 Tourist Development, District #Four, Three Cent.............. ............................ ................ E-30 Tourist Deve lopm ent,,D i strict#Five, Three'Cent.... .................................................... E-31 Governmental Fund Type Grants............................... .................. ............................ E-32 Impact Fees- Roadways.,....... .........__....... ........ ......... ......................... ...................... E-35 Impact Fees - Parks and Recreation..................................... ..................................... E-36 Impact Fees - Libraries........ ..................................................... ..................:I........... E-37 Impact Fees - Solid Waste....................I........................ ............... E-38 Impact Fees - Police Facilities................................................ ..................I..... .............. ....... E-39 ImpactFees - Fire and EMS......... .................... ......................... ....................................... ... E-40 Fire and Ambulance, District #1- Lower and Middle Keys.... ......... ........ ............................ E-41 Translator System Service District.........................................___......... ...........I I..... .............. E-42 Upper Keys Health Care Special Taxing District............................................................. ...... E-43 Fire and Ambulance, District#6 - Key Largo................... ................................................ E-44 Unincorporated Area Service District - Parks and Recreation.......................I........ ................ E-45 Unincorporated Area Service District - Planning, Building and Zoning.................I................ E-46 911 Enhancement Fees................... ....... ............. .........I............ .................... ..... E-48 Duck Key Security Distriftr ................. ...... ..................... ...... ......... E-49 LocalHousing Assistance....... ... .......... .... ..........................I......... .................... ...I... E-50 Cudjoe Gardens Municipal Service Culvert District................... ........................................; E-51 BoatingImprovement............ ........11...............I........ ...................... ............. ........ ..... E-52 Miscellaneous Special Revenue....... ...........:........I ....... ........*........ ...... ........ E-54 Florida Keys Marina- Marathon.......... ................. E-56, Environmental Restoration...... ............................... ................... ................... .............. ..... E-57 Comprehensive Plan Land Authority...................... ..................................................... ......I... E-58 Sheriff's Impact Support................. .................. ......... ......................... ........................ E-59 Sheriff's Off-Duty............................ ........... .......................... ....... ............................ E-60 Sheriff's Federal Asset Sharing Program... .......... ...... ........ ................................... E-61 Sheriff's Airport Services......................................... .........a...... .....I...... .............. .................. E-62 Sheriff's HI TA Grants...................... ............. .................................... ................................ E-63 Debt Service Funds CombiningBalance Sheet................... ..........................................._1.................... ..................... F-1 Combining Statement of Revenues, Expenditures and Changes in Fund Balances............... F-3, Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Budgetand Actual............. .......................... ........... .............._1........... ....... ............. .... F-5 vital Project Funds CombiningBalance Sheet...... ................ ..................................................................................... G-1 Combining Statement of Revenues, Expenditures and Changes in Fund Balances................... G-2 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Budgetand Actual.................................................... ............ ...... ........... ...... G-3 A-2 (Continued) MONROE COUNTY, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2000 TABLE OF CONTENTS - CONTINUED —,PAGE PROPRIETARY FUND TYPES: Ent r rise Funds Combining Balance Sheet.............. ............................... ..........._.................... .... H-1 Combining Statement of Revenues, Expenses and Changes in Fund Equity..... ......... H-5 Combining Statement of Cash Flows........................................... ..................... ........ H-7 Schedule of Expenditures - Budget and Actual: Municipal Services District - Waste............................ ............. ......._....... ....... H-1 1 CardSound Bridge.................................... ....*..............*..............*..............*...... ............ H-12- MarathonAirport.......... ........__..................... ...........................................*..................*......... H-13 KeyWest Airport..................... .............................*......... ......*................................... H-14 Revenue and Issue Description.,................................. ....... .......... ............... .......... ....... H-15 Schedule of Debt Service Requirements............. .............. ............ ................_..........._....... H-16 Internal Service Funds CombiningBalance Sheet...... ........... ..................................... ........................... ................ H-17 Combining Statement of Revenues, Expenses and Changes in Fund Equity...... ................... H-1 9 Combining Statement of Cash Flows.,........................I................I I...... ......... ............1......I...... H-21 Schedule of Expenditures - Budget and Actual: Worker's Compensation Fund.................. .........._............ ......................... ........................... H-25 GroupInsurance Fund........ ................. .................................................................................. H-26 RiskManagement Fund.............................. ......._....... ................................................ H-27 Fleet Management Fund... .................. ...................... ...... ...... H-28 FIDUCIARY FUNDS AND ACCOUNT GROUPS: FiduqLaiy.Funds CombiningBalance Sheet....... ................................._............................ .................................. 1-1 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - All Expendable Trust Funds...........................o......... .................. 13 ............................. Combining Statement of Changes in Assets and Liabilities - All Agency Funds......................... 1-4 Statements of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual: LawEnforcement Trust.......... .......................................... .......... ..............I........._........ ... 1-6 CourtFacility Fees.............................. .............. ....................................... .......... 1-7 DrugAbuseTrust.............................. .......................................I...... ........... ........ ........ 1-8 Statement of Changes in Plan Net Assets...... .................. ..................... ...... ......... ........... 1-9 General Fixed Assets Account Group Schedule of General Fixed Assets by Source....... .............. ............. ......... ...... ...... J-1 Schedule of General Fixed Assets by Function and Activity........ .....I........................ J-2 Schedule of Changes in General Fixed Assets by Function and Activity... __........................... J-4 LQn t Account r�o a-T-erm Deb Schedule of Changes in Geheral Long-Term Debt.......................................................... ........... J-6 A-3 (Continue(j) ^ . MOHNROE COUNTY, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL, REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2000 - TABLE OF CONTENj3 - VED PAGE' ��-�____-__ Revenue Bond and Revenue Refunding Bond Issues _ Schedule of Debt Service Requirements—.--.----_.—'.._`....................................... J-g � ' ' General Government Expendituresbu Function............................................................ ............ K-1 General Government Revenue by Source.........._---------..�—.�—.-'_--__--_-- � �K'3 ' Tax Related SwI[afigatDAU PropertyTax Levies and Collections.................................................. ........................................ K-5 Assessed and Estimated Actual Value of K'0 Property Va|ua. Constu�oUonand Bank Oe its .......... --- N_7 ' l�1x Rates ' Oirgct and Overlapping (�ovennnnenta.---_-------------.. K'8 Principal Taxpayers.-----`-----.-----..—.--..—.—.—_..--_-.--.'.--. K-S ' ` Debt Related Statistical Data Ratio of Net General Bonded Debt hu Assessed Value and Net Bonded Debt PerCapita....... . K-10 Computation of Direct Underlying and Overlapping,Debt............................................................. K11' Ratio of Annual Debt Service Expenditures for General Bonded,Debt to Total General ' Government 'Expenditures ----`__---.--.-'—_—._.--.---..—_—.-._—.----�. K-12 GChadUhyof Revenue Bond Coverage - Municipal Service District - Waste......................... ...... K- 3 General Statis-tical Data Schedule of Insurance Companies N-14 Schedule of Insurance Agencies--------_--_—...,----_----.—_—_—_--. H-15' G8hahaS_8hdGure�' Bonds nfPhncip�| []f�[i8|g---.—_—_.................................................... N-18 Demographic Statistical Data.---.---'-.----._--_—__---.'--__--.---� K-17 ' ' - Miscellaneous 8tatisUCa|'[JatG.....................`................................................................................ K-18 ' ` COMPLIANCE SECTION Report on Compliance' and VOInternal control over financial Reporting Based ' of ' Financial8tatRnnentsPe JnAccordaDcew/Kh (�ov�nlnnenta|AUd|UnQ8tandGrd� .-- L-1 - ' /\-4 country �&g®��J�•CUPQ°G•�aa•G�d ° M 4 r q®E Couwty. BRANCH OFFICE CLERK OF THE CIRCUIT COURT BRANCH OFFICE 3117 OVERSEAS HIGHWAY MONROE COUNTY 88820 OVERSEAS HIGHWAY MARATHON,FLORIDA 33050 500 WHITEHEAD STREET PLANTATION KEY,FLORIDA 33070 TEL, (305)289-6027 KEY WEST,FLORIDA 33040, TEL.(305)852-7145 FAX(305)289-1745 TEL.(305)292-3550 FAX(305)852-7146 March 27, 2001 FAX(305)295-3660 The ora l eor e Neugent Chairman, Board of County Commissioners Monroe County, Florida Dear Mayor Neu gent: It is'or pleasure to present to you, the Boardof County Commissioners and the,citizens, the Monroe County, Florida Comprehensive,Annual Financial Report ( ) for the fiscal year ended to r 30, 2000. This report was prepared y the Finance Department of the Clerk of the Circuit Court. Responsibility for both the accuracy of the presented data and the completeness and fairness of the presentation, including ll disclosures, rests with the Clerk of the Circuit Court as Chief Financial Officer of Monroe County. We believe the data, as presented, is accurate in all material aspects; that it is presented in a manner designed to fairly set fort 'the financial position and results of operations of the Countys measured by the financial activity of its various funds; and that all disclosures necessary to enable the reader to gain a comprehensive understanding of the outy's financial activity have been included. The CAFR is designed to meet the needs of a wide range of financial statement users and is divided into four main sections: introductory, financial, statistical and compliance. The intro- ductory section consists of this transmittal letter, the Table of Contents, the prior year's Certifi- cate of Achievement for Excellence in Financial Reporting, and Monroeounty's organiza- tional chart. This section is designed to give the reader of the financial report some basic background about the County and its financial position. The financial section includes the general purpose, combining and individual fund and account group financial statements and schedules, as well as the independent auditors' report. The statistical section includes a number of unaudited tables of data depicting the financial history of the County for the last ten fiscal years and other de o ra hic information. The compliance section includes the auditors' repo on compliance an on internal controls. This report includes all funds and account groups of Monroe County. Monroe County provides full range of services and is a non-charter county,established under the Constitution and the. laws of the State of, Florida. For financial reporting ur uses, the County's County' reporting entity consists o (1) the County as primary government, the Board of County Commissioners, the Sheriff, the Clerk of the Circuit Court, the Tax Collector, the Property Appraiser, and the - Supervisor of Elections, (2) other entities, though legally separate, which are in substance, part of the primary government's operations and for which-the,primary government is financially accountable (blended component units), the,Monroe County Comprehensive Plan Land Author- ity, and (3) other organizations which are financially accountable to the primary government, or whose relationship with the primary government is such that an exclusion would cause the reporting entity's financial statements to be misleading or incomplete (discrete component units), the Monroe County Housing Finance Authority. Discretely presented component units are reported in a separate column in the combined financial statements to emphasize that they are legally separate from the primary government and to differentiate their financial position, results of operations, and cash flows from those'of the primary government. The Monroe County School Board and the Monroe County Mosquito Control District have not met the estab- lished criteria for inclusion in the reporting entity, and accordingly, are excluded from this report. The Board of County Commissioners is the legislative body for providing a wide range of services including roads, health and social services, emergency medical services, park and recreational services, solid waste services, airport services and other governmental services. The day-to-day operational direction of the County is the responsibility of the appointed,County Administrator. The operation of other specific government functions resides with five Constitu- tional Officers. The specific, functions'are indicated by their titles. The elected positions are Clerk of the Circuit Court, Property Appraiser, Sheriff, Supervisor of Elections, and Tax Collector: Under the direction of,the Clerk of the Circuit Court, the Finance Department maintains the accounting system for the Board of County Commissioner's operations and the Clerk of the Circuit Court's operations, which is included in the Board of County Commissioner's General Fund. The Clerk of the Circuit Court's agency accounts, -Property Appraiser, Sheriff, Supervi- sor of Elections, Tax Collector, Monroe County Comprehensive Plan Land Authority, a blended component unit, and the 'Monroe County Housing Finance Authority, ,a discrete component unit, maintain their own accounting systems. However, for purposes of this CAFR,the opera- tions of the primary government and the component units, the Monroe County Comprehensive Plan Land Authority and the Monroe County Housing Finance Authority, have been presented. ECONOMIC CONDITION AND OUTLOOK Monroe County was constitutionally formed, in 1823. It is comprised of a string of subtropical islands'that stretch more than one hundred miles into the Atlantic Ocean. These islands are connected in chain-like fashion to the mainland by a series of forty-two bridges. The County seat, Key West, is approximately one hundred fifty miles southwest of Miami. Havana, Cuba lies a mere ninety miles to the south. International and domestic tourism remains an important economic factor in Monroe County. The tropical climate together with the recreational water activities makes the Florida.Keys and Key West a major tourist area. Tourist-tax revenues continue to increase for Monroe County at $11,284,668 for Fiscal Year 2000.- This-represents-a very healthy 10%a'increase from the prior fiscal year. Tourist taxes are collected by district. There are fiver such districts in Monroe County: Key West, Lower`Keys, Marathon, Islamorada, and Key Largo. Further, evidence of A-6 the importance of the tourist industry is that of the top ten taxpayers in Monroe County, nine are hotels. The oun 's unemployment rate of 2.0% at, September 30, 2000 whichis well below the state and national rates of 3. % and 4.0%, respectively n has continued on a downwardtrend since 1992 hile the population increased % from hprior fiscal year. MAJOR INITIATIVES FOR THE YEAR: Fiscal year 2000 saw continued progress in a variety of areas in the county. Many of theseincluded capital projects spread throughout the Keys. Others were of more o policy and administrative nature. Major internal reorganization efforts were begun by the Board of County Commissioners and administration. Some actions were taken and completed while others were put off for the future. It was generallyagreed that since the reorganization of County, ov rn nt is a major undertaking, it would take up to two years to complete. Activities.will continue on through fiscal year 201. review of the group benefits program and its growing portion of the County budget was continued with the utilization of a group benefits task force consisting of the oty's Policies n Procedures Review appointees from each , t CountyCommissioners and appointees from each,of the Constitutional Officers. During fiscal year 2001, it is anticipated that major recommendations will be brought tot e County Commission. The County continued with its capital improvement programs including ,ongoing work with improvement inters nc of roads, bridges, bike paths, etc. In addition, gas tax funds were utilize ornon-capital appropriations including Social Service andVeterans Tr ns rta- tion, the Community Transportation Coordi torservices, street lighting, etc. Additionally, funds were allocated from oa ay Impact Fees by district in the County. variety of projects were planned,throughout the Keys and either completed or underway at the conclusion of the year. The budgets consisting of the road and bridge fund and the impact fee for roadways fund over 0 million resulted in an estimated 1 ; million in actual-projects. Remaining funds were carriedforward o fiscal year 2001. In addition, there were impact fees, a program for parks and recreation and library facilities as well as for solid waste facilities. Major projects to continue or were completed during the year pertain to the Jackson Square project which is a multi-year improvement si ne to upgrade hfacilities and the County seat and to make the operation of especially the Constitutional Officer functions more efficient, and effective. The old Navy Commissary ( ato Building) made major progress and is antick pate pated to be completed in fiscal year 2001. Other smaller projects throughout the Keys were completed including e Sheriffs Substation improvements and GovernmentAnnex improve- ments in Marathon, as well as the F ire Training Facility. Major advances were made along the ®7 lines of funding for wastewater and stormwater projects. The Congress authorized $100 million for utilization within the Keys and in the succeeding year the County and its municipalities will determine how best to utilize those funds. The-Board of County Commissioners, after the passage of a referendum, passed;an ordinance extending the One Cent Infrastructure Sales Tax utilized, to fund infrastructure and other improvements throughout,the County. This means there will be an additional 15 years,past 2004 in which capital"funds will be available for improvements. Fiscal year 2000 also saw,the acquisition of old Mariner's Hospital on Plantation Key. That will be renovated and utilized as an upgraded Sheriff's facility, offices, and clinic for the Health Department. Additional space may house the Public Defender and-other public offices. Throughout the year, a variety of smaller projects designed to improve public services and facilities were worked on and planned, THE FUTURE:, The County will continue its'work for the year on large numbers of projects funded by a variety of sources. In road and bridge work,'it is anticipated that there will be over $12 million in capital and non-capital projects completed. This includes roads, bridges, bike paths, and social service transportation type services. Roadway impact fees are also programmed for about $6.7 million through the various districts in the Keys. Combined with the road and bridge fund,these funds should serve to make major improvements in roadway and bridge transportation. Parks and Recreation Impact Fees and Library Impact Fees will be used in conjunction with infrastructure sales tax funds to complete smaller projects throughout the County. Libraries will be improved and park funds will be applied to improvements at a variety of facilities. Smaller amounts are being set aside from available solid waste impact fees and police facilities impact fees for utilization in those services. Fire and emergency medical service impact fees will be applied to facilities and fire hydrant projects throughout the County. Major capital work will take place under the Fund 304 One Cent Sales Tax Infrastructure program. Funds will be provided toward public building and facilities, human service facilities; cultural and recreation facilities and activities, public safety facilities, and,parks and recreation. Notable among these which total over $26 million are the Jackson Square project and the Gato Building in Key West, which projects will be utilized to house Constitutional Officer and judiciary functions, State Health Department, County Social Service and administrative offices. A variety of recreational activities including the completion of the Marathon Community Park will continue. That park, which will be a major facility for the Middle Keys, is now scheduled to open in the spring of 2001. These are just a few of the highlights where the capital- programs and various services are proposed in the County. As identified above, there should be significant decisions for group benefits. , The Boardof County Commissioners is interested in expanding parks and recreation facilities throughout the Keys-as has;been requested by citizens in various areas. The County A-8 CommuniKeys planning program, whereby citizens On individual islands will-have an opportu- nity to help determine the future of those islands, will continue. In summary the County has an aggressive and ongoing program of capital projects and'service delivery which is planned to continue during fiscal year 2001 and farther into the future. DEPARTMENT EOCUS. MONROE COUNTY MARINE RESOURCES DEPARTMENT Mission: The purpose of the Marine Resources Department is to complete goals set out in the o=6 County Comprehensive Plan and Seven-year Work Program related to the protection, conservation, and/or restoration of the waters and marine resources of the Florida Keys, as well as, to help provide for adequate and appropriate recreational and commercial use of the Key's marine environment. Goals: The Department will: 1. Initiate and .complete projects required in the Monroe County Comprehensive Plan and Seven-year Work Program; 2: Work to improve marine resource protection, recreational and commercial boating access, and boating safety in the Florida Keys; Work with and act as staff liaison to Committees established by the Board of County Commissioners,I including the Marine and 'Port Advisory Committee, the Boot Key Harbor Committee, and the Citizens Task Force on Wastewater; 4. Act as staff liaison to federal and state agencies responsible for marine resource and ecosystem-wide protection. V 5. Assist in the completion of a Geographic Inform mation' systeim (GIS) which accurately depicts ma I rine resources and features, shorelines, roads, upland environments, and, other common geographical characteristics and map attributes. The Department of Marine Resources comprises a hardy staff of 3 1/2. The Department has focused on five principal areas in the past few years and will continue to expand on these basic responsibilities. First, the Department continues to act as a liaison for the County;, regularly attending Florida Keys National Marine Sanctuary Advisory Council and the Water Quality Protection Program (WQPP) Steering Committee meetings; while sifting on the WQPP Technical Advisory Commit- tee and Project Coordination Team for the Everglades Task Force. It is our direction to maintain a broad perspective on the environmental resource management and scientific issues that face the County in the coming years. Second, the Department has played a principal role in the on-going efforts to improve wastewa- ter treatment and stormwater management practices in the Keys. In this past year, the Depart- ment brought to completion the $2.2 million dollar Monroe County Sanitary Wastewater Master Plan. This was a stellar effort for the County, completed by the firm of CH2MHilI. The final Master Plan document has won significant praise for its readability it maintaining necessary technical focus. The Department continues in its management of the Stormwater Management A-9 Master, Plan, a $750,000 effort due for completion ,in early 2001. Both of these efforts are largely r nt funded. Third, the Department, has worked to establish some svent (17) regulated speed zones. The Department does not relish the need to create such areas. However, with ever increasing boater traffic, in a boating climate where many boaters are just visitors to the,Keys, boating safety is an ever present and growingissue: Similarly, the Department,of Marine Resources is working to establish or reconfigure some 250, to 300 ai s to navigation in the Florida Keys, from the edgeo iscayne Bay to the Marquesas Keys. The goal of these s is to provide a safe atmosphere for boaters where boaters are protected and shallow marine resources are better preserved. Fourth, the Department works diligently each year to clean up submerged marine debris and derelict vessels. Using BoatingImprovement Fund( IF) dollars and state grants, the _County removes approximately one hu dre (1 0) derelict vessels per year at an average cost of ,2 . The cost to the taxpayer is minimal s 1F funds come from boater registration fees and rants, course co e fro the state. Typically, the Department receives approximately $350,000 in, IF and grant funds each year. As the e rt nt works on projects such as the Boot Key Harbor Management Plan, we hope that wise use of these dollars will shift from cleaning up and removing such eyesores, to creating model harbor ages. Fifth, the Department has worked and continues to work on the development of an adequate Geographic Information ys e ( I ). Essentially, this is a smart co I mputer map that knows where it is in the world and carries tremendous background information i i . In past years, the Department has worked to acquire the current GIS tool and to bring a significant amount of the existing environmental and marine related data to the County; Continuing efforts now focus on the Planning Department, but the Marine Resources'Department continues to use this vital tool in its efforts to help manage the resources of theKeys' and to providefor adequate and appropriate recreational and commercial use of the e 's marine environment. We provide continuing support and assistance to other County Departments plus state and federal encies. In the past year, the Department assisted the Florida s National Marine Sanctu- ary in' making many of its GIS presentations surrounding the development of the Tortugas 2000, Marine Protected Area concept. INTERNAL CONTROL,STRU-CTURE The internal control structure is designed to ensure that the assets of the Countyr protected from loss, theft or misuse and t,o ensure adequate accounting t are compiled to allow for the preparation of financial statements in conformity ih generally acceptedaccounting principles. The internal,control structure is designed to providereasonable, ut not absolute, assurance that these objectives are met for both internal and external reporting purposes. The Clerk of theCircuit `Court maintains an Internal Audit Department. This Department performs financial and compliance audits for the Clerk of the Circuit Court and the Board of County Commissioners. The main functions of the Internal Audit Division are to evaluate the internal accounting controls, ensure compliance with existing laws and regulations ithin the County's accounting system' , and make recommendations to management for improvement. -1' This evaluation provides anae- ment with the assurance that their FloridaMonroe County, financial resources are being General Government Revenues properly recorded and adequately 200 safeguarded. 180 c 160 GENERAL GOVERNMENT 0 140 .,- 120 c 100 Total primary general government L 8o revenues collected by Monroe 12 soy, �U O 40 w'3fr ,S21&jF � _ County during the past year a 20 amounted to $150.7 million. This 0 amount Includes revenues of the '91 '92 '93 '94 '95 '96 '97 '98 '99 '00 General, Special Revenue, Debt Fiscal Year Service, Capital Projects, and ® Fines 0 Miscellaneous Taxes Fiduciary Fund Types, but does 2 Charges I@ Intergovernmental not include collections from the Proprietary. Funds or the Monroe County Housing Finance Authority, discrete component unit. The graph above illustrates a ten-year history of Monroe County's primary general government revenues. Taxes of $81.8 million comprised the largest general government revenue source. The second largest revenue category is intergovernmental revenues, which includes various federal and state shared revenues and grants amounting to $43.7 million. Investment income comprise the third largest revenue-source at $10.4 million. The remaining primary general government revenues are composed of $7.8 million for charges for services, $3.2 million for fines and forfeitures, $2.0 million for licenses and permits, and $1.8 million for miscellaneous revenues. For graphic purposes miscellaneous revenues are shown to include licenses and permits and investment income. The chart below represents a summary of General, Special Revenue, Debt Service, Capital Projects, and Fiduciary Fund revenues for the fiscal years ended September 30, 2000 and 1999, and the amount of increases and decreases in relation to prior year revenues. Amount of Percentage Percentage Revenue Source 2000 1999 Increase of Total of Total Dollars in Thousands Decrease 2000 1999 Taxes 81,838 80,718 1,120 54.31 45.86 Licenses & Permits 1,961 2,126 (165) 1.30 1.21 Intergovernmental 43,70 43,887 (147) 29.02 24.93 Charges for Services 7,758 8,565 ( 07) 5.15 4.87 Fines & Forfeiture 3,234 28,632 (25,398) 2.15 16.27 Investment Income 10,382 7,220 3,162 6.89 4.10 Miscellaneous 1,782 4,858 3,076 1.18 2.76 Total 150,695 176;006 (2 ,311 100.00 100.00 A-11 The decrease in fines and forfeitures of 72% was due to a large revenue source received last fiscal year by the Sheriff's Department relative to the Federal Equitable Sharing Agreement. The chart below represents a summary of General, Special Revenue, Debt- Service, Capital Projects and Fiduciary Fund expenditures for the fiscal years ended September 30, 2000 and 1999, and the amount of increases and decreases in,relation to prior year expenditures. Amount of Percentage Percentage Expenditure Function 2000 1999 Increase of Total of Total Dollars in Thousands (Decrease) ?000 , 1999 General Government 21,772 27,485 (5,713) 14.63 19.59, Public Safety 72;759 65,102 7,657 48.89 46.41 : Physical Environment 3,848 2,174 1,674 2.59 1.55 Transportation 4,694 5,762 (1,068) 3.15 4.11 Economic Environment 11,660 11,686 (26) 7.84 8,33 Human Services 6,874 6,304 570 4.62 4.49 Culture & Recreation 3,872 4,726 (854) 2.60 3.37 Court Related 6,959 900 6,059 4.68 0.64 Debt Service 5,582 11,576 (5,994) 3.75 8.25 Ca ital'Outla y 10,795 4,573 , 6,222 7.25 3.26 Total 14a,815 140,288- 8,527 100.00 100.00 ,The two largest functions are Public Safety and General Government. Seventy-four percent of the primary public safety expenditures are related to the Sheriff's Department. .`The, Sheriff Department's General Fund expended $30.4 million and $14.4, million is Monroe County, Florida directly attributed, to the federal High Total General Government Expenditures Intensity Drug Trafficking Area grants. FY 2000 General government consists primarily `General of Public Works Facilities Maintenance, Government ° Monroe Count Land 40:7/o- � 7% `�' Public Safety y 'Comprehensive . 2.6/o o rity; Tax Collector and Property 21 9/o 4.6% Environment Authority; �Ut Appraiser. 7 8 9 Transportation ` 1 I Economic 3.2% �,�,_ � ,�� , ��> ��,�, �� „ �� ;Environment The graph to,�theleft depicts the propor- ° % R Human tion of general government expendit- 2.6/o Services Culture.& ures attributable to the various sources. 48.9% Recreation Court Related Primary government expenditures for all Debt Service fund types, including the Governmental„ Funds previously listed as well as the Proprietary Funds, amounted to $183,908,965, which represents an decrease of over $20.5 million or,10% from the previous fiscal year: This decrease is largely attributable to the elimina- tion of debris removal expenses from Hurricane Georges and Tropical Storm Mitch: A-12 ENTERPRISE FUNDS Enterprise Funds are established to finance and account for the acquisition, operation and maintenance of facilities and services which are intended to be entirely or predominantly self- supporting through the collection of charges from users, or for which the periodic determination of revenues earned, expenses incurred, and/or net income is appropriate for capital mainte- nance, public policy or other purposes. The County maintains four enterprise funds as follows: MUNICIPAL SERVICE DISTRICT WASTE - This fund accounts for the County's sanitary waste collection, disposal, and recycling activities, as well as the closure and post closure of the landfills. Net loss for the current fiscal year amounted to $16,053 compared to a net loss in the prior fiscal year of$771,043. CARD SOUND BRIDGE - This fund accounts for the operations of the County's toll bridge. Net income increased 13% or$92,352 from the prior fiscal year. MARATHON AIRPORT This fund accounts for the operations of the Marathon Airport. Net loss for the current fiscal year, amounted to $303,333, compared to a net loss in the prior fiscal year of$752,945. KEY WEST INTERNATIONAL AIRPORT - This fund accounts for the operations of the Key West International Airport. The fund reported a net income of $38,157 in current fiscal year, compared to a net income of $776,808 in prior fiscal year. FIDUCIARY FUNDS The County maintains four agency, four expendable and one pension trust fund. Fiduciary Funds are established to account for assets held by the County in a trustee capacity or as an agent for individuals, private organizations, other government units, or other funds. The total assets of the Fiduciary Funds were $8,482,012 as of September 30, 2000. The two largest of the funds are the Tax Collector's Property Tax and the Clerk's General Agency. GENERAL FIXED ASSETS The general fixed assets of the County are those fixed assets used in the performance of general governmental functions, and they exclude the fixed assets of Proprietary Funds. As of September 30, 2000, the general fixed assets of the County amounted to $166,025,019. This amount represents the original cost of the assets and bears no relationship to their present value. There was a 7.4% increase from the prior fiscal year. Depreciation of general fixed assets is not recognized in the County's accounting system in accordance with Governmental Accounting Practices. A-13 DEBT ADMINISTRATION The County debt is comprised primarily of the unpaid balance of. the Sales Tax Partial Refunding Revenue Bonds-Series 1998. These bonds were issued mainly to finance the Monroe County Detention Facility. CASH MANAGEMENT The Finance Department monitors the cash flow needs of the Board of County Commissioners on a daily basis in accordance with the written investment policy. All operating funds in excess of daily cash flow,needs are deposited with the Local Government Surplus Funds Trust Fund under the management of the Florida State Board of Administration. This investment opportu- nity provides the, County with extremely, liquid funds, which are, retrievable from investment within twenty-four hours. The Board of County Commissioners pools cash and cash equivalents of the County, excluding those funds held and accounted for by the separate Constitutional Officers, those requiring or benefiting by separate investment, and those with legal requirements. This gives the County the ability to maximize its yield on the short-term investment of-cash, increasing its income accordingly. The County generated $12,319,223 in,investment income during the current fiscal year an increase of 42% from the prior fiscal year. RISK MANAGEMENT The County's assets are protected through the risk management program developed and managed- by the Risk Management Section of the Human Resources Department. They administer insurance activities relating to fleet auto liability, general liability, and public official liability. Additionally, the County, managed, by the Employee Benefit Section; maintains' a Worker's Compensation and Group Insurance Internal Service Fund. Under these,programs, all County employees, as well as the employees of the Constitutional Officers, are provided a comprehensive health care plan and ,term life -insurance coverage-,as well as a worker's compensation program: Funding for these programs is generated by charges to the operating departments based on management's annual estimates of claim loss and operating costs. BUDGETARY CONTROL, Budgets for the Property Appraiser and the Tax-,Collector are approved by the Florida Depart- ment of Revenue and are adopted as part of the General Fund by the Board of County Commissioners. The Sheriff, Supervisor of Elections, and Clerk of the Circuit Court prepare their budgets which are submitted to and approved by the Board. Formal budgetary integration;is'employed as a management control device during the year,for all fund types except as noted in the Notes to the General Purpose Financial Statements. Monroe County follows the laws of Florida regarding the control, adoption, and amendment of A-14 the budget during each fiscal year; in addition the County Commission increases the level of budgetary control because they approve all cost center, budgetary changes by resolution. As an additional control, the County employs an encumbrance system which reduces available appropriations in governmental funds upon the issuance of purchase orders, contracts, or other forms or legal commitments. , Encumbrances at year end do not constitute expenditures or liabilities. They are accounted for as a reservation of fund balance in the year the commitment is made. While appropriations lapse at the end of'the fiscal year, the succeeding year's budget resolution provides for the reappropriation of year-end encumbrances. INDEPENDENT AUDIT Chapter 11.45 of the Florida Statutes requires an independent certified public accountant's financial audit of counties in the State. -This requirement has been met for the fiscal year ending on September 30, 2000. The opinion of the auditors has been included in this report, along with the auditor's report, on the general purpose financial statements and combining and individual fund statements and schedules is included in the financial section of this report. In addition to meeting the requirements set forth in State Statutes, the audit also was designed to meet the requirements of the Federal Single Audit Act of 1984 and related OMB Circular A-133. The single audit report is separately bound and not included as a part of this report. CERTIFICATE OF ACHIEVEMENT The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to Monroe County, Florida for its Comprehensive Annual Financial Report for the fiscal year ended September 30, 1999. This was the twelfth,consecutive year that the government has achieved this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized comprehensive annual financial report. This report must satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that our current comprehensive annual financial report continues to meet the Certificate of Achievement Program's requirements and we are submitting it to the GFOA to determine its eligibility for .another certificate. ACKNOWLEDGMENT This report is prepared by the Finance Department under the direction of the Clerk of the Circuit Court of Monroe County as Auditor and Chief Financial Officer to the Board of County Commissioners.' This team is commended for their diligence and dedication to the project. Lisa Knowles-Albury and Salvatore Zappulla were especially committed to-the accuracy and timely completion of this report. Particular recognition is due to the County's independent auditors, Kemp & Green, P.A. Their cooperation, dedication, and assistance greatly enhances our preparation of this report. A-15 Our appreciation alsogoes to the County Administrator, for his contribution of the major initia- tive section of this transmittal letter and the Marine Resources,Department for contributing the departmental focus. In addition; appreciation is extended to all County employees who have made contributions to this report. In closing, the preparers of this report would especially like to thank the County Commissioners for their interest and support throughout the year in matters pertaining to the financial opera- tions of the County: o- Sincerely, Danny L. age Sandra Carlile Clerk of the Circuit Court Finance Director and`Chief,Financial Officer A-16 Uertificate of Achieevem' ent for' Excellence in Fienanciai Reporting Presented to Monroe County, Florida For its Comprehensive Annual Financial Report for the Fiscal Year Ended September 30, 1999 A Certificate of Achievement for Excellence in Financial Reporting is presented by the Government Finance officers Association of the United States and Canada to government units and public employee retirement systems whose comprehensive annual financial reports (CAFs) achieve the highest standards in government accounting and financial reporting. Un sr► resident AN COW SEAL Executive Director A-17 l® r9 O LU w a , tl c6s UJ o w Ul a d - ® E ��ro cn� C La ._ co w: ® � s 6 ffi LU z z Z � ui ®v ff 5 awQ -d � c� O as Cry ays ._ ev 66dw u1 Ow J� �z cr m O O L c n L 0 {y� gi5 Z�2 h esv - 6 w [C Oz w UCH o O cn ea Fw- , w d ® .c C7 $ n 6 b'c Lu ro Lu _ ® Edo CL ® m w ®U fncn w u � E ujQ 02 0.6a y �x wnco cr v c Ou acn E ww �t C7 v C 0_.. - rU) ® m `�w d� - °� 0 ,5 "' g -F3 � � h w cr v, a m Z ui J � cy } P.A. Certified Public Accountants 1438 KENNEDY DRIVE P. 0. BOX 1529 KEY WEST, FLORIDA 33 41-1529 MEMBER E ICAN INSTITUTE .0. KEMP, C.P.A. ( 5) 294-25 1 AND FLORIDA INSTITUTE OF MARVA E. GREEN, C.P.A. FAX # (305) 294-4778 CERTIFIED PUBLIC ACCOUNTANTS INDEPENDENT AUDITORS' REPORT Board of County Commissioners Monroe County, Florida !fie have audited the accompanying general -purpose financial statements _ of Monroe . County, Florida (the "County") as of September 30, 2000 and for the year then ended as listed in the table of contents. These general -purpose financial statements are the responsibility of the County's management Our responsibility is to express an opinion on these general -purpose financial statements based on our audit. e conducted our audit in accordance with generally accepted auditing standards 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 we plan and perform the audit ,to obtain reasonable assurance about whether thegeneral -purpose financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the general -purpose financial statements. An audit also includes. assessing e . accounting principles use and significant estimates , made by management, well as evaluating the overall general -purpose financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. n our opinion, thegeneral -purpose financial statements referred to above present fairly; in all material respects, the financial position of the County as of September ,30, 2000, and the results of its operations and the cash flows of its proprietary fund types for the year then ended in conformity with generally accepted accounting principles. Our audit was made rimarily for the purpose of forming an opinion on the general -purpose financial statements taken as a whole. The combining and individual fund and account group financial statements and schedules listed in the table of contents, which are also the responsibility of the management of the County, are presented for purposes of additional analysis and are not, a required part of thegeneral -purpose financial statements. Such additional information has been subjected to the auditing procedures applied in the audit of .the general -purpose financial statements and, in our opinion; is fairly stated in all material respects when considered in relation to the general - purpose financial statements taken as a °whole. The statistical data referred to in the table of contents is presented for the purposes of additional analysis and is - not a required part of the general -purpose financial statements` of Monroe County'. Such additional information has not been subjected to the auditing procedures applied in the audit of the general - purpose financial statements and, accordingly, we express no opinion on 'it. In accordance with Government Auditing, Standards, ' we have also issued our report dated March- 9, 2001. on our consideration of the County's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts and grants. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be read in conjunction with this report in considering the results of our audit. Kemp & Green, P.A. Certified -Public Accountants March 9, 2001 B-2 The General, Fund is the general operating fund of the County. It is used to account for .all financial resources except for those required to be accounted for i another fund. The General Fund has a greater number and variety of revenue sources than any other fund, and its resources finance a wider range of activities. The resources of the General Fund,are ordinarily largely expended and replenished on an annual basis. SPECIAL REVENUE The Special Revenue Funds are used to account for the proceeds of specific revenue sources that are restricted by law or administrative action for specific purposes. DEBT i!I The Debt Service Fonds are used to account for the payment of principal interest and expenditures on long-term debt other than debt payable from the, operations of Proprietary Funds. CAPITAL J T The Capital Projects Funds are used to- account for financial 'resources segregated for the acquisition or construction of major capital facilities other than those financed by Proprietary operations. ENTERPRISE The Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private business enterprises where the intent is that the costs (expenses, including depreciation) of providing goods or services to the general public on a continuing basis be financed primarily through user charges or where periodic determination of revenues. earned, expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control, accountability, or other purposes. INTERNAL I The Internal Service Funds are used to account for the financing of goods or services provided by one department or agency to other departments or agencies of the County, or to other governments, on a cost-reimbursement basis. FIQUICIARY The Trust and Agency Funds are used to account fr'the assets held by the County as trustee or. agent for individuals, private r organizations, and other governments. OENER _. EMEPLAOM The General Fixed Assets Account Group is used to account for those assets used in the performance of general governmental functions and excludes the fixed assets of Proprietary Funds. GENERAL LONO-TERM DEBT , The General Long-Term, ebt Account Group is used to account for the Count 's liability for special revenue bonds and other general long-term obligations, which are not obligations of the Proprietary Funds. MONROE COUNTY, FLORIDA COMBINED BALANCE SHEET` ALL FUND TYPES, ACCOUNT GROUPS AND DISCRETELY PRESENTED COMPONENT UNIT SEPTEMBER 30,2000 PROPRIETARY GOVERNMENTAL FUND TYPES FUND TYPES Special Debt Capital General Revenue Service Projects Enterprise ASSETS AND OTHER DEBITS Assets: Cash and Cash Equivalents $ 21,287,487 $ 105,753,462 $ $ 30,5911010 $ 17,299,468 Investments 4,642,688 Accounts.Receivable: Delinquent Waste Collection Fees 705,453 Allowance for Uncollectible Waste Collection Fees -- - (647,135) Other 243,963 3,276,438 31 716,477 Allowance for Other Uncollectibie (203,778) (2,906,812) _ (57,110) Mortgages/Notes Receivable -- 4,011,316 Allowance for.Mortgage Receivable - (387,274) Inventory 9,163' - - Inventory of Land for Resale - 9,786,393 -- - -11 - Due from Other Funds 4,509,368 5357,057 - . 208 285,871 Due from Other Governmental Units 4,314,812 5:586,319 1,758,980 3,211,893 Interest Receivable - 40,661 - - Restricted Assets: Cash and Cash Equivalents - 1,381,323 - 6,449,961 Property, (Net,Where Applicable of Accumulated Depreciation) - 23,851,500 Deferred Charges(Net) 184,302 Other Debits: Amount Available for Debt Service _ Amount to be Provided for Retire- ment of General Long-Term Debt - Total Assets and Other Debits $ 34,803,703 $ 130,517,560 $ 1,381,323 $ 32,350,229 $ 52,000,680 C-1 TOTAL TOTAL PROPRIETARY FIDUCIARY PRIMARY COMPONENT REPORTING FUND TYPES FUND TYPES ACCOUNT GROUPS GOVERNMENT UNIT ENTITY General General — - ----Housing -- Internal Trust Fixed Long-Term Memorandum Finance Memorandum Service &Agency Assets Debt Only Authority Only_ $ 11-1507,129 $ 8,292,537 $ - $ $ 194,731,093 $ 109,297' $ 194,840,390 - - 4,642,688 4,642,688 705,453 705,453 - (647,135) (647,135) 138,299 44,108 - 4,419,316 525 4,419,841 - - (3,167,700) (3,167,700) - - - 4,011,316 4011,316 - -- - (387,274) (387,274) _ . 9,163 9,163 - - 9,786,393 9,786,393 193 -- - 10,152,697 10,152,697 307,187 145,367 - - 15,324,558 52,704 15,377,262 -- - - - 40,661 - 40,661 7,831,284 7,831,284 1,884,202 - 166,025,019 191,760,721 1,184,104 192,944,825` _ - = 184,302 - 184,302 _ 1,056,029 1,056,029 1,056,029 25,860,182 25,860,182 1,178,132 .27,038,314 $ 1.3,837,010 $ 8,482,012 $ 166,025,019 $ 26,916,211 $ 466,313,747 $ 2,524,762 $ 468,838,509 The notes to the financial statements are an integral part of these statements C-2 (Continued) MONROE COUNTY, LO 1 q COMBINEDL C T-CONTINUED ALL FUND CC U T GROUPS AND DISCRETELY PRESENTED COMPONENT UNIT SEPTEMBER 3 ,200 PROPRIETARY GOVERNMENTAL FUND S FUND TYPES Special Debt Capital General Revenue Service Projects Enterprise LIABILITIES, FUND EQUITY AND --- OTHER CREDITS Liabilities. Accounts Payable $ 1,255,211 $ 3,122;632 $ $ 912,434 $ 1,966,995 Retainage Payable 88,141 911,676 149,711 Claims and Judgements,Payable - 216,589 Due to Others _ Due to Other Funds 4,343,873 3,919,403 449,226 861,707 Due to Other Governmental Units 31789,124 600,535 20,241 Accrued Camp. Absences Pyble 132,394 82,813 18,559 Accrued Wages and Benefits Pyble 1,954,636 679,985 19,396 101,255 Deposits in Escrow 133,767 995 300 115,558 Deferred Revenues 3,200,425 - 86,624 Capital Leases Payable - 186,061 Payable from Restricted Assets. Accrued Interest Payable 325,294 234,190 Revenue Bonds Payable-Current 425,000 Landfill Closure/Post Closure Costs - 348,262 Due to Other Funds 14,488 Other Current Liabilities 5,989 2,740 225 42 Long-Term Debt - _ - 7,977,311 Total Liabilities 11,614,994 11,697,669 325,294 2,293,257 12,722,593 Fund Equity and Other Credits: Investment in General Fixed Assets, - Contributed Capital 17,713,141 Retained Earnings: Reserved for Rev. Bond Retirement _ . 1,860,322 Unreserved _ 19,704,624 Fund Balances: Reserved for Encumbrances 39,688 107,480 70,214 Reserved for Trust Fund Purposes Reserved for Land Acquisition - 3;349,399 Reserved for Inventory -- 9,786,393 Reserved for Mortgage Loans - 1,416,532 - - Reserved for Debt Service - 1,056,029 Reserved for Replacements _ Reserved for Little Venice 1,100,000 _ Unreserved, Designated for Beaches 312,150 _ Unreserved, Undesi nated 22,049,021 103,847,,937 29,986,75 Total Fund Equity and Other Credits 23,188,709 118,819,891 1,056,029 30,056,972 39,278,087 Total Liabilities,Fund Equity and Other Credits $ 34,803,703 $ 130,517,560 $ 1,381,323 $ 32,350,229 $ 52,000,680 C-3 TOTAL TOTAL PROPRIETARY FIDUCIARY PRIMARY COMPONENT REPORTING FUND TYPES FUND TYPES _ ACCOUNT GROUPS GOVERNMENT UNIT ENTITY - - �eneral mineral Housing Internal Trust Fixed Long-Term Memorandum Finance Memorandum .Service &Agency Assets Debt Only Authority Only $ 455,013 $ 2,302 $ $ $ 7,714,587 $ 1,205 $ 7,715,792 _ - 1,149,528 - 1,149,528 5,862,842 - 6,079,431 -- 6,079,431 1,762,395 - 1,762,395 -- 1,762,395 556,881 7,119 10,138,209 - 10,138,209 43,156 5,145,879 9,598,935 9,598,935 2,329 - 236,095 236,095 56;546 2,811,818 2,811,818 _ 250,620 3,604 254,224 565,940 3,852,989 3,852,989- 186,061 186,061 559,484 559,484 425,000_ 425,000 - - 348,262 348,262 14,488 14,488 7,190 - 16,186 16,186 98,175 - 26,916,21.1 34,991,697 1,178,132 36,169,829 7,648,072 6,917,695 26,916,211 80,135,785 1,182,941 81,318,726 - 166,025,019 166,025,019 1,184,104 167,209,123 2,677,528 - 20,390,669 20,390,669 1,860,322 1,860,322 3,511,410 - - 23,216,034 -- 23,216,034 217,382 217,382 1,564,317 1,564,317 1,564,317 _ - -- 3,349,399 3,349,399 - - 9,786,393 9,786,393 1,416,532 1,416,532 1,056,029 - 1,056,029 - - - - 12,585 12,585 _ 1,100,000 1,100,000 312,150 312,150 155,883,716 145,132 156,028,848 6,188,938 1,564,317 166,025,019 386,177,962 1,341,821 387,519,783 $ 13,837,010 $ 8,482,012 $ '166,025,019 $ 26,916,211 $ 466,313,747 $ 2,524,762 $ 468,838.509 The notes to the financial statements are an integral part of these statements. C-4 MONROE COUNTY, FLORIDA COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND'BALANCES ALL GOVERNMENTAL FUND TYPES, EXPENDABLE TRUST FUNDS AND DISCRETELY PRESENTED COMPONENT UNIT FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 GOVERNMENTAL FUND TYPES Special Debt Capital General Revenue Service Projects Revenues: Taxes $' 14,768,283 $ 54,682,287 $ $ 12,387,681 Licenses&,Permits 372,429 11588,472 -- - Intergovernmental 5,917,473 35,167,429 685,000 1,942,656 Charges for Services 3,198,416 4,445,583 60,000 - Fines.&forfeitures 9,363 2,533,632 -- Investment Income 1,763,663 6,681,025 50,308 1,814,626 Miscellaneous 518,066 1,005,454 9,216 Total Revenues _26,547;693 106,103,882 795,308 16,154,179 Expenditures: Current: General Government 16,138,217 5,633,439 - Public Safety 31,695,719 40,247,599 Physical.Environment 363,256 3,484,487 - Transportation 33,096 4,661,001 -- Economic Environment 405,469 11,254,416 - Human Services 3,530,020 3,343,878 Culture and Recreation 2,513,114 1,359,127 Court Related 6,204,074 755,073 -- Debt Service 60,951 20,509 5,500,774 Capital Outlay -- -- -- 10,794,994 Total Expenditures 60,943,916 70,759,529 5,500,774 10,794,994 Excess of Revenues'Over/ (Under)Expenditures (34,396,223)' 35,344,353 (4,705,466) 5,359,185 Other Financing Sources/(Uses): Operating Transfers from Other Funds 36,424,283 2,145,731 5,132,000 521,393 Operating Transfers to Other Funds (2,472,468) (33,886,252) - (6,229,702) Capital Lease Acquisition 108,885 Total Other Financing Sources/(Uses) 34,060,700 (31,740,521) 5,132,000 5,708,309) Excess of Revenues and Other Sources :Over/(Under)Expenditures&Other Uses (335,523) 3,603,832 426,534 (349,124) Fund Balance, October 1, 1999 23,524,232 115,216,059 629,495 30,406,096 Adjustment to Prior Period -- - - - Residual Equity Transfer In 3,870,420 -- Residual Equity Transfer Out - 3,870,420 -- Fund Balance, September 30,2000 $ 23,188,709 $__.__118,819,891 $ 1,056,029 $__ 30,056 972 C-5 TOTAL TOTAL FIDUCIARY PRIMARY COMPONENT REPORTING FUND TYPES GOVERNMENT UNIT ENTITY Housing Expendable Memorandum Finance Memorandum Trust ..................Only Authority Onl $ $ 81,838,251 $ $ 81,V8,251 — 1,960,901 1,960,901 271,390 43,739,948 1,684 43,741,632 53,518 7,757,517 7,757,517 691,069 3,234,064 3,234,064 72,632 10,382,254 1,919 10,384,173 249269.7 .1782,433 79,664 1,862,097 1,094,306 150,695,368 83,267 150,778,635 -- 21,771,656 148,206 21,919,862 815,576 72,758,894 -- 72,758,894 3,847,743 3,847,743 4,694,097 4,694,097 11,659,885 11,659,885 6,873,898 6,873,898 3,872,241 3,872,241 6,959,147 6,959,147 5,582,234 5,582,234 -- 10,794,994 10,794,994 815,576 148,814,789 148,206 148,962,995 278,730 1,880,579 (64,939) 1,815,640 -44,223,407 '44,223,407 (42,588,422) (42,588,422) 108,885 108,885 -- 1,743,870 1,743,870 278,730 3,624,449 (64,939) 3,559,510 1,135,392 170,911,274 215,236 171,126,510 -- -- 7,420 7,420 3,870,420 -- 3,870,420 �O 420) -- (3,870,420) 1,414,122 $ 174535723 $ 157717 174693,44 0 The notes to the financial statements are an integral part of these statements. C-6 MONROE COUNTY, FLORIDA COMBINED T T T OF REVENUES, EXPENDITURES CHANGES IN FUND BALANCES-BUDGET AND ACTUAL ALL GOVERNMENTAL FUND R EXPENDABLE TRUST FUNDS FOR THE FISCAL YEAR ENDEDT 30,2060 GENERAL FUND Variance Favorable Budget— _ Actual (Unfavorable) Revenues: Taxes $ 14,811,311 $ 14,768,283 $ (43,028) Licenses& Permits 200,000 372,429 172.429. Intergovernmental 4,353,250 5,917,473 1,564`,223 Charges for Services 2,312,922 3,211,444 898,522 Fines& Forfeitures 11,500 19,363 (2,137) Investment Income 755,000 1,763,663 1,008,663 Miscellaneous 154,865 518,066 363,201 Total Revenues 22,598,848 26,560,721 3,961,873 Expenditures: Current: General Government 17,851,037 16,121,981 1,729,056 Public Safety 32,168,598 31,695,719 472,879 Physical Environment 398,350 363,256 35,094 Transportation 87,648 33,096 54,552 Economic Environment 414,762 405,469 9,293 Human Services 3,849,512 3,530,020 319,492 Culture and Recreation 3,166,773 2,513,114 653,659 Court Related 6,519,601 6,204,074 315,527 Debt Service 58,642 60,951 (2,309) Total Expenditures 64,514,923 60,927,680 3,587,243 Excess of Revenues Over/(Under)Expenditures (41,916,075) (34,366,959) 7,549,116 Other Financing Sources/(Uses): Reserve for Contingencies (1,662,275) •- 1,662,275 Operating Transfers from Other Funds 37,488,350 36,424,283 (1,064,067) Operating Transfers to Other Funds (2,551,564) (2,472,468) 79,096 Capital Lease Acquisition 108,885 108,885 Total Other Financing Sources/(Uses) 33,274,511 34,060,700 786,189 Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses-Budgetary Basis (8,641,564) (306,259) 8,335,305 Total Adjustments (29,264) (29,264) Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses-GAAP Basis (8,641,564) (335,523) 8,306,041 Fund Balance, October 1, 1999 23,524,232 23,524,232 Fund Balance, September 30, 2000 $_ 14,882,668 23,1 ,709 $ 8,306,041 C-7 SPECIAL REVENUE FUNDS DEBT SERVICE FUNDS Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) $ 54,171,832 $ 54,682,267 $ 510,455 $ $ 1,216,959 1,588,472 371,513 -- -- 40,144,710 34,553,304 (5,591,406) 675,000 685,000 16,000 3,824,649 4,445,583 620,934 60,000 60,000 11,706,086 1,856,846 150,760 3,182,027 6,593,417 3,411,390 116,000 50,308 (65,692) 797,581 1,006,331 208,750 105,043,844 104,726,240 (317,604) 851,000 795,308 (55,692) 17,742,033 5,905,568 11,836,465 67,595,679 38,942,972 28,652,707 6,894,048 3,484,487 3,409,561 18,705,765 4,661,001 14,0441764 17,909,596 11,254,416 6,655,180 6,343,445 3,343,878 2,999,567 2,1637,606 1,359,127 .1,278,479 935,583 755,073 180,510 -- -- 20,509 20,509 5,689,118 5,500,774 188,344 - ---------- 138,784,264 69,727,031 69,057,233 5,689,118 5,500,774 188,344, (33,740,420) 34,999,209 68,739,629 (4,838,118) (4,705,466) 132,652 (2,369,573) -- 2,369,573 (215,232) 215,232 4,666,167 2,145,731 (2,520,436) 4,782,368 5,132,000 349,632 (35,406,205) (33,886,252) 1,519,953 -- - ----------------- (33,109,611) (31,740,521) 1,369,090 4,567,136 5,132,000 564,864 .(66,850,031) 3,258,688 70,108,719 (270,982) 426,534 697,516 13,896,139 345,144 (13,550,995) - (52,953,892) 3,603,832 '56,557,724 (270,982) 426,534 697,516 115,216,059 115,216,059 629,495 629,495 62,262,167 $ 118,819,891 $ 56,557,724 $ 358,513 $ 1,056,029 $ 697,516 The notes to the financial statements are an integral part of these statements C-8 Continued) MONROE COUNTY, FLORIDA COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES-BUDGET AND ACTUAL ALL GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUNDS-CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 CAPITAL PROJECT FUNDS _ Variance _._. Favorable Budget Actual (Unfavorable) Revenues: Taxes: $ 9,000,000 $ 12,387,681 $ 3,387,681 Licenses&Permits -- Intergovernmental 2,000,000 1,942,656 (57,344) Charges for Services - -- Fines& Forfeitures - - - Investment Income 750,000 1,814,626 1,064,626 Miscellaneous 9,216 - 9,216 Total Revenues 11,750,000 16,154,179 4,404,179 Expenditures: Current: General Government 13,879,000 6,031,095 7,847,905 Public Safety 3,978,000 ' 1,993,682 1,984,318 Physical Environment 1,535,025 617 1,534,408 Transportation 346,195 5,410 340,785 Economic Environment - - Human Services 485,000 73,337 411,663 Culture and Recreation 3,819,000 2,690,853 1,128,147 Court Related' 471,452 471,452 Debt Service - Total Expenditures 24,513,672 10,794,994 13,718.678 Excess of Revenues Over/(Under) Expenditures (12,763,672) 5,359,185 18,122,857- Other Financing Sources/(Uses): Reserve for Contingencies (127,000) - 127,000 Operating Transfers from Other Funds 1,176,868 521,393 (655.475) Operating Transfers to Other Funds (6,292,461) (6,229,702) 62.759 Capital Lease Acquisition Total Other Financing Sources/(Uses) (5,242,593) (5,708,309) (465 7,5) Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses-Budgetary Basis (18,006,265) (349,124) 17,657 ',i Total Adjustments - Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses-GAAP Basis (18,006,265) (349,124) 17,657 Fund Balance,October 1, 1999 30,406,096 30,406,096- Fund Balance, September 30,2000 $ 1223991831 $ 30,056,972 $ 17 6 C-9 EXPENDABLE TU T FUNDS TOTAL-MEMORANDUM ONLY -- Variance --- Variance Favorable Favorable - Budget _ _ Actual (Unfavorable) Budget - Actual (Unfavorable) $ $ _ $ - $ 77,983,143 $ 81,838,251 $ 3,855,10 1,416,959 1,960,901 543,942 -- -- 47,172,960 43,098,433 (4,074,527) 45,000 53,518 8,518 6,242,571 7,770,545 1,527,974 854,585 691,069 (163,516) 2,572,171 2,557,278 (14,893) 17,000 50,587 33,587 4,820,027 10,272,601 5,452,574 -- -- 952,446 1,533,613 581,167 916,585 795,174 (121,411) 141,160,277 149,031,622 7,871,345 49,472,070 28,058,644 21,413,426 1,056,485 615,213 441,272 104,798,762 73,247,586 31,551,176 -- -_ 8,827,423 3,848,360 4,979,063 19,139,608 4,699,507 14,440,101 18,324,358 11,659,885 6,664,473 11,750 11,750 10,689,707 6,947,235 3,742,472 9,623,379 6,563,094 3,060,285 299,075 299,075 8,225,711 6,95 ,147 1,266,564 5,768,269. 5,582,234 186,035 1,367,310 615,213 752,097 234,869,287 147,565,692 87,303,595 (450,725) 179,961 630,686 (93,709,010) 1,465,930 95,174,940 (43,725) 43,725 (4,417,805) -- 4,417,805 - 48,113,753 44,223,407 (3,890,346) (44,250,230) (42,588,422) 1,661,808 10 ,885 108,885 (43,725) -- 43,725 (554,282) 1,743,870 2,298,152 (494,450) 179,961 674,411 (94,263,292) 3,209,800 97,473,092 - 98,769 98,769 13,896,139 414,649 (13,481,490) (494,450) 278,730 773,180 (80,367,15 ) 3,624,449 83,991 602 1,135,392 1,135,392 170,911,274 170,911,274 $ 640,942 $ 1,414,122 $ 773,180 $ 90,544,121 $ 174,535,723 $ 83.99, 302 The notes to the financial statements are an integral part of these statements. C-10 MONROE COUNTY, FLORIDA COMBINED STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY ALL PROPRIETARY FUND TYPES- FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Internal Total Enterprise Service Memorandum Funds' _ Funds Only. Operating Revenues: Franchise Fees $ 197,988 $ $ 197,988 Tolls 1,204,217 1,204,217 Charges forServices 15843,911 14,993,172 30,837,083 Fines and Forfeitures 8,161 8;161 Miscellaneous 45,898 901,829 947,727 Total Operating Revenues 17,300,175 15,895,001 33,195,176 Operating Expenses: Personal Services 2,262,459 1,207,557 3,470,016 Operations 13,796,331 ' 3,451,756 17;248,087 Landfill Closure and Post Closure 771,222 771,222 Depreciation and Amortization 1,395,754 115,620 1,511;374 Asserted and Paid Claims 11,395,286 11,395,286 Total Operating Expenses 18,225,766 16,170,219 34,395,985 Operating (Loss) _ _(925,591) (275,218) _ (1,200,809) Non-Operating Revenues(Expenses): Operating Grants 1,639;435 - 1,639,435 Investment Income 1,310,674 626,295 1,936,969 Interest Expense and Fiscal Charges, (559,404) - (559,404) Gain/(Loss)on Disposition of Fixed Assets 120,720 (259,507) (138,787) Total Non-Operating:Revenues(Expenses) 2,511,425 366,788 2,878,213 Income Before Operating Transfers 1,585,834 91,570 1,677,404 Operating Transfers: Operating Transfers from Other Funds 1,152,612 1,152,612 Operating Transfers to Other Funds (2,231,093� 5( 56,504�' (2,787,597) Total Operating Transfers _ (1,078,481) (556,504) _t11634,985) Net Income(Loss) 507,353 (464,934) 42,419 Fund Equity-October 1, 1999 38,080,955 6,653,122 44,734,077 Contributed Capital, 689,779 750 690,529 Fund Equity-September 30,2000 $ 39 278,087 $ 6 188 938 $ .._45 467�0-25 The notes to the financial'statements are an integral part of these statements. C-11 MONROE COUNTY, FLORIDA COMBINED STATEMENT OF CASH FLOWS ALL PROPRIETARY FUND FOR THE FISCAL YEAR ENDEDSEPTEMBER 30,2000 INCREASE IN,CASH AND CASH EQUIVALENTS Internal Total Enterprise Service Memorandum Funds Funds nl Cash flows from operating activities: Cash received for services $ 18,017,768 $ 14,049,761 $ 32,067,529 Cash payments to suppliers for goods and services (18,734,985) (13,102,673) (31,837,658) Cash payments to employees for services (2,302,782) (1,208,662) (3,511,444) Other operating revenue 54,059 668,887 722,946 Net cash provided (used) by operating activities 2,965,940) 407,313 (2,558,627) Cash flows from noncapital financing activities:- Operating grants received 7,216,278 - 7,216,278 Operating transfers from other funds 1,398,187 1,398,187 Operating transfers to other funds (2,203,765) _J 56,504) (2,760,269) Net cash provided(used)by noncapital financing activities 6,410,700 (556„50) 5,854,196 Cash flows from capital and related financing activities: Proceeds from capital grants 1,407,199 1,407,199 Acquisition and construction of capital assets (789,778) (46,64,1) (836,419) Principal paid on capital debt (50,25 ) (580,252) Interest paid on capital debt (571,85 ) (571,858) Proceeds from the sale of fixed assets 178,674 13,404 192,078 Net cash used by capital and related financing activities (356,015) (33,237) (389,252) Cash flows from investing activities, Investment Income 1,310,674 626,295 1,936,969 Net cash provided by investing activities 1,310,674 626,295 1,936,969 Net increase in cash and cash equivalents 4,399,419 . 443,867 4,843,286 Cash and cash equivalents at beginning of year 19,350,010 11,063,262 _ 30,413,272 Cash and cash equivalents at end of year $ 23,749,429 11,507,129 _ 35 256,558 C-12 (Continued) MONROE COUNTY, FLORIDA COMBINED STATEMENT OF CASH FLOWS ALL PROPRIETARY FUND TYPES CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 RECONCILIATION OF OPERATING(LOSS)TO NET CASH PROVIDED(USED)BY OPERATING ACTIVITIES Internal Total Enterprise Service Memorandum Funds. _ Funds Only Operating(loss) $_ (925,591) $ (275,218) ;$ (1,200,809) Adjustments to reconcile operating(loss)to net cash provided(used) by operating activities: Depreciation and amortization 1,395,754 115,620 1,511,374 Change in assets and liabilities: Decrease/(Increase)in'. Accounts receivable (15,794) (67,990) (83,784) Due from other funds 752,724 234,377 987,101 Due from other governmental units (4,586) (247,599) (252,185), (Decrease)/Increase in: Accounts payable (4,093,596) 198,265 (3,895,331) Retainage payable (24,256) (24,256) Claims and judgements payable (19) 1,215,876 1,215,857 Due to other funds 79,850 (538,462) 1 (458,612) Due to other,governmental units (152,174) 4,452 (147,722)- Accrued compensated absences (32,342) 852. (31,490) Accrued wages and benefits payable (7,981) (1,958) (9,939) Deposits in escrow 39,308 -- 39,308 Deferred revenues - (232,942) (232,942) Other current liabilities (2,007) 2,040 33 Landfill closure/post closure 24,770 24,770 Total adjustments 2,040,349) 682,531 (1,357,818) Net cash provided'(used)by operating activities $_ :.___ 2 965 9401 $ 407,313 $ (2�558627) SUPPLEMENTAL SCHEDULE OF NON-CASH FINANCING CAPITAL AND INVESTING ACTIVITIES , Contributed fixed assets $_ 689,779 $ 750 $ 690,529 Loss on disposition of fixed assets $ 57,954 $ 272,911 $ 330,865 The notes to the financial statements are an integral part of.these statements., C-13 MONROE COUNTY, FLORIDA COMBINED STATEMENT OF CHANGES IN PLAN NET ASSETS PENSION TRUST FUND SEPTEMBER 30, 2000 Additions: Contributions $ 150,113 Investment Income 82 Total Additions 150,195 Deductions -- Net Assets Held in Trust for Pension Benefits, September 30,199,9 ®- Net Assets Held in Trust for Pension Benefits, September 30, 2000 $ 150,195 The notes to the financial statements are an integral part of these statements. C-14 MONROE COUNTY.-FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 2000 NOTE11 - SU Y F SIGNIFICANT ACCOUNTING POLICIES The accounting policies and the presentation of the financial report of Monroe County, Florida (the "County") have been designed to conform to generally accepted accounting principles as applicable to governmental units, in accordance with theGovernmental Accounting Standards Board ( S ) . Proprietary funds apply Financial Accounting StandardsBoard's (FD) pronouncements and Accounting Principles Board (AP ) opinions - issued on or before November 3 , 1989, unless those pronouncements conflict with or contradict GASB pronouncements, in which case, GASB prevails. The following is a summary of the significant accounting policies. Reporting Entity Monroe County is a Non-Charter County established under the Constitution and the lawsof the Sate. of Florida. There are six offices elected County-wide, which are as follows: Board of County Commissioners, composed of five members, Clerk of Circuit Court, Property ppraiser, Sheriff, Supervisor of Elections and Tax Collector. The Board of County Commissioners is the legislative body of Monroe County and s such budgets and provides funding used by the separate Constitutional Offices with the exception of fees collected by the Clerk of Circuit Court and the Tax Collector. Under the direction of the Clerk of Circuit Court the Monroe County Finance Department maintains the accounting systemfor the County"s operations, including those of the Clerk of Circuit Court, which is il,nclluded in the General _Fun , but excluding those of the Property Appraiser, Sheriff, Tax Collector and Supervisor of Elections, each of which maintains its own accounting system. The operations of the County as a whole, however, including all of the Constitutional Offices, have been combined in these financial statements. Services provided by the County and accounted for within these financial statements, include police servicesfor unincorporated areas of the County, health and social services, emergency medical services, cultural and recreational programs, solid waste services and other ov rn n al services. -1 MONROE. COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30- 2000 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Blended Component Units - The Monroe County, Florida Comprehensive Plan Land Authority (MCLA) and the Monroe County Industrial Development Authority (MCIDA) are component units whose governing board is composed entirely of the Monroe County Board of County Commissioners serving ex officio. As their financial and operational policies may be significantly influenced by' the Monroe County Board of County Commissioners, they are considered a part of the primary government and are presented as blended component units. - The MCLA was created by Monroe County, Florida Ordinance 031-1986 pursuant to Florida Statutes 380 and is considered legally separate: Complete financial statements for MCLA can be obtained from MCLA's administrative office at 1200 Truman Avenue, Ste. 20T Key West Florida 33040. The MCIDA was created by Monroe County, Florida Resolution pursuant to Florida Statutes 159. The MCIDA is financially inactive and accordingly, there are no financial statements. Discretely Presented Component Unit - The Monroe County Housing Finance Authority (MCHFA) was created' by Monroe County, Florida Ordinance 1019-1979 pursuant to Florida Statues 159 for the purpose of stimulating the construction of 'residential housing for low and moderate income families through the use of public housing. MCHFA is a component unit whose governing board is appointed by the Board of County Commissioners. The County is able to impose its will on MCHFA because of its ability to remove appointed members without cause from MCHFA's board. To emphasize its separate legal status, MCHFA is discretely presented -in the combined financial statements. MCHFA maintains its own financial records. Complete financial statements for MCHFA can be obtained from MCHFA's administrative office at 1400 Kennedy Drive, Key West, ..Florida 33040. Basis of Presentation - The accounts of the County are organized on the basis of funds and account groups, each of which is. considered a separate accounting entity. Fund structures, where applicable, have been designed to comply with all requirements of the bond resolutions and regulatory provisions or administrative-action. The operations of each fund are accounted for with a set of separate self-balancing accounts comprised of its assets, liabilities, C-16 MONRDE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) equities, revenues and expenditures, or expenses, as appropriate. The various funds are grouped by type in the financial statements. The following fund types and account groups are used by the County: Governmental Funds: General Fund The General. Fund is the general _operating fund of the County. All general tax, revenues and other receipts that are not required either legally or by generally accepted accounting pri,nciples to be accounted for in other funds are accounted for in the General Fund. General operating funds of the Clerk of Circuit Court, Property Appraiser, Sheriff, Tax Collector and Supervisor of Elections represent _subfunds of the County IS General Fund that are held and accounted for individually, but , presented herein with the balance of, the Board of County Commissioners' operating funds. Special Revenue Funds - Special Revenue Funds are used to account for the proceeds of specific revenue sources (other than those associated with expendable trusts or major capital projects) requiring separate accounting because of legal_ or regulatory, provisions or administrative action. Debt Service Funds —Debt Service Funds are used to account for the payment of principal , interest, and other expenditures related to long-term debt, other than bonds and loans payable from the operations of Proprietary Funds. Caoital Project Funds - Capital Project , Funds are used to account for financial resources segregated for the acquisition or construction of_ major capital facilities other than those financed by proprietary operations. Proprietary Funds: Enterprise Funds - Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private business enterprises where -the stated intent is that the cost (expenses, including depreciation) of providing goods or .services to the general public on a continuing basis be C-17 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 1 - SUMMARY OF SFGNIFICANT ACCOUNTING POLICIES (Continued) financed primarily through user charges or where periodic determination of revenues earned, expenses incurred, and/or net income is deemed appropriate for capital maintenance, public policy, management control , accountability or other purposes. Internal Service Funds - .Internal Service Funds are used 'to account for the financing of goods or services provided by -one department. to other departments of the County or' to other governmental units on. a cost .reimbursement basis. Fiduciary Funds: Expendable Trust Funds - Expendable Trust Funds are generally used in instances where: legally mandated or where a formal legal trustee relationship exists. Both principal and income may be expended in the course of their designated operations. - Agency Funds - Agency Funds are custodial in nature (assets equal liabilities) and do not involve measurement of results of operations. Agency Funds are merely clearing accounts for assets held by a government as an agent for individuals, private organizations, other governments, or other funds. Pension Trust Fund - The pension trust fund is used to account for assets held by the County in a trustee capacity. The pension trust fund uses the accrual basis of accounting-. Account Groups: General, Fixed Assets Account Group - This account is established to account for all fixed assets of the County, other than those accounted for in the Enterprise and Internal Service Funds.. General Long-Term Debt Account Group - This account group is established to account for.the long-term debt of the County financed from Governmental Funds. Basis of Accounting - The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. All Governmental Funds and Expendable Trust Funds are accounted for using a current financial resources measurement focus. With this measurement focus, only current assets and current liabilities generally are included on the balance sheet. Operating statements of these funds present increases (i .e. , revenues and other C-18 MONROE COUNTY, FLORIDA TES TO COMBINED FINANCIAL STATEMENTS EPTE ER 302000 NOTE 1 : - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) financin sources) and decreases (i .e. ,, expenditures and other financing uses) in net current assets: All Proprietary Funds are accounted for on a flow of economic resources measurement focus; With, this measurement focus, all assets and all liabilities associated with the operation of these funds are included on the balance sheet. Fund, equity (i .e. , net I total assets) is segregated into contributed capital and retained earnings components. Proprietary fund-type operating statements present increases ( .g. , revenue) and decreases (e.g. , expenses) in net total assets. Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and reported in the financial statements. Basis of accounting relates to the timing the measurements made regardless of the measurement focus applied. The modified accrual basis of accounting is 'followed in theGovernmental Funds, Agency Funds, and ExpendableTrust Funds. Under the modified accrual basis of accounting, revenues are recognized in the accounting period in which they become susceptible to accrual that i , when they become both measurable and available to finance expenditures of- the current period. Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Primary revenues, which include taxes, intergovernmental revenues, charges for "services, rents and interest are treated as susceptible ' to accrual under the , modified accrual basis. Receivables related to these revenues are not recognized unless they are collectible within 60 days after_ the fiscal year end. Expenditures and transfers out, ' re recorded when, the related fund liability is incurred. Exceptions to this general rule include: (1) the long-term portion of accumulated sick pay, vacation pay, and compensatory time, hich is not recorded as, an expenditure: O prepaid items, which are reported only on the Balance Sheet anddo not affect expenditures; and (3) principal and interest on` long-term debt, which are recognized when due Budgets for Governmental Funds are also prepared on the modified accrual basis, with certain exceptions described under budgets and budgetary data. C-19 d . COUNTY, FLORIDA NOTES TO COMBINEDFINANCIAL STATEMENTS SEPTEMBER 30, 2000 NOTE -1 - -SUMMARY OF I I NT ACCOUNTING POLICIES (Continued) In applying , the susceptibility-to-accrual concept to intergovernmental revenues, the legal and contractual requirements of the numerous individual programs are used as guidance. There are, however., essentially two types of these revenues. In one, monies must be expended on the specific purpose or project before any amounts will be paid to the County: therefore, revenues are recognized based on the expenditures recorded. In the other, monies are virtually unrestricted as to purpose of expenditure n substantially irrevocable; i .e. , revocable .only for failure to comply with prescribed compliance requirements, such as equal employment opportunity. These resources are reflected as revenues at the time of receipt or earlier if they met the availability criterion. Licenses and permits, charges for services, and mic ll neous, r venu s (except investment earnings) are recorded as revenues when received in cash, because they are generally not measurable until actually received. Investment earnings and most fines and forfeitures are recorded as earned inc they are measurable and available. Proprietary Funds use the accrual basis of accounting. Revenues are recognized in the period in which they are earned and expenses are recognized in the period incurred. The preparation of financial statements in conformity with generally accepted accounting principles, as applicable to governmental units, requires management to make use of estimates that affect the reported amounts in the financial statements, Actual results could differ from sti ate . Budqets and Budqetary Data • The following are the statutory procedures followed by the Boardof County, om is io ers, ("Board") in establishing the budget for Monroe County. 1) On or before June 1, of each year the Sheriff, the Clerk of the Circuit Court, the Tax ll cor, and the Supervisor of Electionsshall each submitq the Boarda tentative budget for their respective offices for the ensuing fiscal year. C2 MONROE COUNTY FLORIDA NOTES TO COMBINED. FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 2) Within fifteen days after certification of the ad valorem tax roll by the Property Appraiser, the County Budget Officer submits t6 the Board a proposed budget for the fiscal , year commencing the following October 1. The budget includes, proposed expenditures and the means of financing them. 3) By County resolution, a tentative budget ,is submitted to the public. Public hearings are held to obtain taxpayer comments. 4) Fifteen days after adoption of the tentative budget; a final budget is submitted for review and adoption at a final public hearing, 5) Prior to, or on. September 30, the Board's budget is' legall'y enacted through passage of a resolution. ; 'Accordingly all fund types have an adopted budget as required by Florida Statute 129.03. All funds have legally adopted budgets except as described in`Note 15, Budgetary GAAP Reporting Reconciliation. 6) During the year, the Office of Management and. Budget acts on intradepartmental budget changes that do `not alter the total revenue, or expenditures budgeted to a cost center. A cost center represents a - particular area of County operations or a department. All other budget changes (whether they are transfers between cost centers or alterations , of total. revenues and- expenditures in a fund) are approved by the Board. Supplemental appropriations were necessary and the budgetary data presented herein was amended by the Board during the year in a legally permissible manner. 7) Florida Statute 129, Section 7, as amended in 1978, provides that only expenditures in excess of total fund budgets are unlawful . However, because the Board acts, on all budget changes between cost centers, this becomes the level of 'control 8) Budgeted to Actual Expenditure reports are employed as a management control device during the year for- all fund types. C-21 MONROE CQUNTY,, FLORIDA NOTESO E FINANCIAL STATEMENTS E TE T 1 ® SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 9) Budgets for all funds, with the exception of the PropertyAppraiser's General Fund, are adopted on a ba sis consistent with generally accepted ,accounting riciple ( ) for that fund type, except for revenues and expenditures relative o tax anticipation notes, land purchased for resale in governmental funds, mortgage loans made by goveIrnmental funds, and revenues 'and expenditures relative to debt andIcapital outlay for proprietary funds. Budgetary versus GAAP differences are described in a following note. 10) All appropriations lapse at year end, Inventory Inventory in the Comprehensive Plan Land Authority (Special Revenue) consists of land purchased for resale and is valued at cost. The cost is recorded s an expenditure when items are purchasedfor budgetary purposes. For GAAP purposes, the land cost is -recorded as an asset. Cost records are maintained whichspecifically identify the unit of inventory and related cost. The purchasemethod f accounting is used; accordingly, reported inventories are equallyoffset by a fund balancereserve which indicates that they do not constitute "avallable, spendable resources." Inventory in the General Fundconsists of certain supplies which- are stated at cost using moving averagecost method. The inventory is determinedan annual physical count. No reserve has been established i in the General Fund balance as the consumption method is usedto account for this inventory. Investments - Investments ar stated at fair value in accordance withS 1. The Monroe County Board of Commissioners pools cash and investments of the. County, excluding those funs held and accounted. for by the separate, Constitutional Officers and those requiring or benefitingy separate investment. This gives the Countythe ability to maximize its yield on the short-term investment of cash—increasing -its income accordingly. Interest earned on pooled cash is, allocated to the ici tin funs based on their average aily balance. Individual fund deficits are ignored in the allocation of interest. C® 2 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL _STATEMENTS `SEPTEMBER 30 2000 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) General` Fixed Assets General fixed Assets are recorded as expenditures in the General Fund, Special Revenue Funds, Capital Project Funds and other Governmental Fund types at the time of purchase and are capitalized, at cost in the General. Fixed Assets Account 'Group. Fixed :assets consisting of certain improvements including roads, bridges, curbs and gutters, streets and sidewalks, drainage systems and lighting systems have not been' capitalized. Gifts or contributions are recorded in General Fixed Assets at estimated fair market value at the time received. There is no depreciation expense recorded on General Fixed Assets. Enterprise and Internal Service Fund Fixed Assets - Additions to Enterprise and Internal Service Fund ,Fixed Assets `are stated at cost. Depreciation has been provided using the straight-line method. The estimated useful lives of the various classes of depreciable ,fixed assets are as follows. Life - Years Buildings and Other Improvements 7-40 Machinery and Equipment 3-10 Improvements other than Buildings 50 Depreciation of Contributed Assets Depreciation recognized on assets acquired or constructed through grants externally restricted for capital acquisitions is recorded as an operating expense in the related proprietary funds. Capital Lease Obligations - Capital . lease obligations for non•Enterprise.Funds are accounted . for , in the General Long-Term Debt Account Group. The capitalized lease obligations are stated at the original fair market value of leased assets capitalized, less payments since the inception of the lease discounted at the implicit rate of interest in the lease. Also, in the year" an asset is acquired by capital lease, the expenditure for the asset and the offsetting amount of- the financing source are reflected i'n the Statement of Revenues, Expenditures, and Changes in Fund Balance. Assets , acquired under , C-23 MONROE COUNTY, FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 2000 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) capital leases in non-Ente'rprise Funds are accounted for in,the-General Fixed Asset Account Group. Capital lease obligations of Enterprise Funds and the cost of assets so acquired are reflected' in the accounts of those funds. Unamortized Debt_Expense - Unamortized debt expense of the Enterprise Funds is amortized by using the straight-line method over the life of the debt. Encumbrances Encumbrance accounting, under which purchase orders are recorded to reserve that portion of the applicable appropriation, is employed in the Governmental and Expendable Trust Fund types. Encumbrances are not the equivalent of expenditures; therefore, the encumbrances are reported as reservations of fund balances at year end and reap pro priated the following -year. Proi)erty Taxes - Property taxes, based on assessed values 'at January 1, are levied and become due and payable on November Ist of each year. A four percent discount is allowed if the taxes are paid in November, with the discount declining by one percent each month thereafter. Taxes become delinquent 'on April 1st of each year, and tax certificates for the full amount of any unpaid taxes and assessments must be sold not later than June, 1st of each year. No accrual for the property tax levy becoming due in November of 2000 is included in the accompanying financial statements, since such taxes are collected to finance expenditures of the subsequent period. Comoensated Absences - County policy grants employees annual leave and sick leave in varying amounts. Upon termination of employment, employees with six months or more of credited service can receive payment for`accumulated- annual leave. In general , sick leave payments are granted upon termination of employment toemployees with five years or more of credited service, subject to percentage and maximum hour limitations as determined by the Board'and each Constitutional Officer. Accumulated annual leave, sick leave, and related benefits are accrued in Governmental Fund Types to the extent that such amounts would normally be liquidated with expendable available financial resources. The remaining liability is reflected in the General Long-Term Debt Account Group. The accumulated leave in Proprietary Fund Types is reflected in the Fund's financial statements on the accrual basis. C-24 , MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Cash and Cash Equivalents For purposes of' the statement of cash flows, the Proprietary. Fund, Types consider all highly liquid investments . (including restricted assets) with a ,maturity of three months or less when purchased to be cash equivalents. Total Columns on Combined Statements Overview Total columns on the Combined Statements Overview (General Purpose Financial Statements) are captioned "Memorandum Only" to indicate that they are presented only to facilitate financial analysis. Data in these columns do not present financial position, results of operations, or cash flows in conformity with generally accepted accounting principles; and such data is not 'comparable to a consolidation. Interfund eliminations have not been made in the aggregation of this data. NOTE 2 - CASH, CASH EQUIVALENTS, AND INVESTMENTS PRIMARY GOVERNMENT Cash, cash equivalents, and investments consist of the following at September. : 30, 2000: Restricted Cash and Cash and Investments Investments Total Board of County Commissioners Amount Invested in County's Pooled Cash Program $ 152,°107,241 $ 1,744,101 $ 153,851,342 Demand Deposits 2,639,774 6.087,183 8.726,957 154,747,015 7,8&284 162.578,299 Other Constitutional Officers And Dependent District Amount Invested in County's ' Pooled Cash Program 13,714,037 13,714,037 Demand Deposits 26,270,041 26,270,041 Investments 4,642,688 4,642,688 44,626,766 44,626,766 1 199 J73,781 $ 7.831.284 S 207,205. 665 C•25 . MONROE COUNTY, FLORIDA TES TO COMBINED FINANCIAL STATEMENTS SETS E 30 2000 NOTE - , CASH EQUIVALENTS AND INVESTMENTS (Continued) Florida Statute 218.415 authorizes the Counties with written investment policies to invest surplus funds in the following: ) The Local Government Surplus Funds Trust Fund or any intergovernmental investment pool authorized pursuant to the Florida nterlocal Cooperation Act as provided in s. 163.01. b) Securities and Exchange Commission registered o market funds with highest credit quality rating from nationally recognized rating agency. c) Interest•be rl ng time deposits or savings accounts in qualified public depositories as defined in s. 280.02. Direct obligations of the United States Treasury. e) Federal agencies and instrumentalities. f) Securities of, or other interests i , any open-en or closed-end management-type investment company or investment trust registered under the Investment Company Act of 1940, 15 U.S.C. ss. 0a-1 et seq. , as amended from time to time, provided that the portfolio of such investment company or investment trust is limited to obligations of the United States Government or . any agency or instrumentality thereof and to repurchase agreements fully collateralized by such United States Government obligations, and provided that suc . investment company or investment trust takes delivery of such collateral either directly or through an authorized custodian. } Other investments authorized by law or by ordinance for a county or municipality. C-26 MONROE 'COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 2` - CASH, CASH EQUIVALENTS AND INVESTMENTS (Continued) The County invests funds throughout the year with the :Local Government Surplus Funds Trust Fund (SBA) , an investment pool administered by the State'- Board of . Administration, under the regulatory oversight of the State of Florida. Throughout the year and as of September 30 2000, the SBA contained certain floating and adjustable rate securities which were indexed based on the prime rate and/or one and three month LIBOR rates. These investments represented 10% of the SBA's portfolio at September 30, 2000. The SBA met the criteria to be "2A-7Like" as defined in GASB 31, at September 30, 2000. Therefore, the investment was valued at amortized cost and the fair value at September 30, 2000 was the account balance at that time. Deposits Demand and time deposits are fully insured by Federal Depository Insurance and the multiple financial institution collateral pool required by Sections'280.07 and 280.08, Florida Statutes. Investments - The repurchase agreement is uninsured and unregistered with securities held by the bank in the bank's name. Investments at yearend are shown as follows: Other Constitutional Officers And Dependent District Carrying Fair Amount Value Repurchase Agreement 4.642.688 S 4.642.688 COMPONENT UNIT, Deposits Demand and time deposits are fully insured by Federal Depository Insurance and the multiple financial institution collateral pool required by Sections 280.07 and 280.08, Florida Statutes. At September 30, 2000, deposits for the component unit totaled $109,297. C-27 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 3 MORTGAGES RECEIVABLE Mortgages receivable at September 30, 2000 consist of the following: Affordable Housinq Proarams: Second Mortgages- Receivable from individuals, collateralized by land and buildings; payable in monthly installments of $3,622 including interest at 3%, final payment due March 1, 2004. $ 387,274 Second Mortgages Receivable from_ individuals, collateralized by personal residences. The entire ,amount of the loan will be forgiven over a ten year period at a rate of one fifth per year, beginning ' on the 7th anniversary of the completion of the construction of the improvements funded by the mortgage, provided that the mortgagor complies with the Mortgage covenants. 238,524 Second Mortgages Receivable from individuals, collateralized by personal residences. The entire balance of the mortgage will be forgiven, over a ten year period at a rate of ten percent per year upon the anniversary of the mortgage, provided that the mortgagor complies with the Mortgage covenants. The Mortgages are interest free. 19,647, Local Housinq Assistance: Second Mortgages Receivable from individuals, collateralized by personal residences. Commencing in year sixteen of the mortgage, principal and accrued interest at 3% will be forgiven at the rate of _6.66X annually. The entire principal balance and accrued interest will be forgiven at the end of year thirty. If the residence is sold before the initiation of the forgiveness period, the full' amount of the mortgage and accrued interest is due at closing. 191,169 Second Mortgages Receivable from individuals, collateralized by personal . residences. Principal payments shall be deferred for the term of the first mortgage loan, or until the date the last payment is due on the first mortgage. Interest is not charged on the mortgages unless the mortgagor is in default, in which case the interest rate is 12% per annum from the date when payment of the second is due. In the event the home is sold, transferred, rented,, refinanced or the first mortgage loan is satisfied, ;the entire mortgage balance is due. 1,527,215 C-28 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 3 - MORTGAGES RECEIVABLE (Continued) Second Mortgages Receivable, from, individuals, collateralized by personal residences. The entire balance of the mortgage will be forgiven over a ten year period at the rate of ten percent per year upon the anniversary of the mortgage, provided that the mortgagor complies with the mortgage covenants. The mortgages are interest free. 192,955 Mortgages Receivable due from individual , collateralized by personal residence, payable in annual installments of $1,500;over a ten year period, interest free. 12,000 Note 'Receivable from local government, collateralized by project revenues, payable'August' 2000, interest free. 20,000 Monroe County Comprehensive Plan Land Authority (MCLA); Mortgage due from private company, collateralized by land, payable in full May 2050, interest free: 933,000 Mortgages due from not-for-profit agency, collateralized by land, payable in full August 2007, interest free. 41,953 Mortgage due .from governmental ' agency, collateralized by land, payable in full April 2028, interest free. 382,554 Mortgage due from governmental agency, collateralized by land and building, payable in full September 2045, interest free. 59,025 Total Mortgages Receivable 4.011.3I Except for the local housing assistance mortgages, the mortgages receivable are equally offset by a fund balance reserve which indicates that they do not constitute "available spendable resources" even though it is a component of total, assets: The local housing assistance mortgages are offset by,a related deferred revenue account. C-29 MONROE COUNTY, FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 3 E4 - INTERFUNDBALANCES Individual fund interfund receivable and payable balances at September 30, 2000 are as follows: Interfund Interfund Fund Receivable Payable General Fund 4,509,36 $ 4,343,873 Special Revenue Funds: Fine and Forfeiture 125 Road and Bridge 8 ,681 464,108 Tourist Development, All Districts, Two Cents 17,67 Touri.st Development, Admin. & Promotional , Two Cents 36,569 Tourist Development, District # One, Three Cents 1 ,526 27,591 Tourist Development, District # Two, Three Cents 1,362 Tourist Development. District #Three, Three Cents 3,211 Tourist Development, District # Four, Three Cents 3,448 Tourist Development, District #Five. Three Cents 4,560 Governmental Fund Type Grants 1,035,811 173,599 Impact Fees, Roadways 59,507 Impact Fees, Parks and Recreation 4,242 14,584 Impact Fees, Police Facilities 417 Fire and Ambulance, District # One, Lower and Middle Keys 763,832 Translator System Service District 10,409 Upper Keys Health Care 22,332 Fire and Ambulance, district # Six, Key Largo 151,507 Unicorp. Area Service District, Parks and Recreation 260,614 Unicorp. Area Service District, Planning, Bldg. and Zoning 3318,822 1,166,481 Cudjee Gardens Municipal Service- Culy. District 2,083 Local Housing Assistance 94,036 Boating Improvement 12,988 19,643 Miscellaneous Special Revenue 45,036 5 Florida Keys Marina - Marathon 1 ,87 1,250 Environmental Restoration 20,000 Sheriff's Impact Support 167,75 164,020 Sheriff's Off-Duty 1,122 Sheriff's Federal Asset Sharing Program 205,976 Sheriff's Airport Services 103,458 Sheriff's Forfeiture 175,120 Sheriff's HIDTA Grants 1„170 31,486 Sheriff's Law Enforcement Trust Funds _75,326 100,134 .357.057 3, )19,403 Capital Project Funds: One Cent Infrastructure Surtax 20 449,226 -30 .MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 4 INTERFUND BALANCES (Continued) Enterprise Funds: Municipal Service District - Waste 32.254 569,281 Card Sound Bridge '2,833 76,444' Marathon Airport 38,546 50,967 Key West Airport 212,238 179,503 285,871 876,195 Internal Service Funds: Worker's Comp 76 Group Insurance Risk Management 193 232,936 Fleet Management 323,869, 193 556,881 Expendable Trust-Funds- Sheriff's Inmate Welfare 7,119 10,152,697 S10.i52,697 NOTE 5 - RESTRICTED ASSETS Restricted Assets include those provided for by resolutions adopted by the County 'Commi ssi on for the issuance of the Municipal Service District - Waste Revenue Bonds, Refunding Improvement Revenue Bonds, Series 1993/83, Refunding Improvement' 'Revenue Bonds, Series 1993/88, Sales Tax. Revenue and; Refunding Bonds, Series 1991 and 1998, Clerk's Revenue Note and Airport Passenger Facility Charges. Total restricted assets as of 'September 30, 2000 are as follows: Cash and Cash E uiv. Enterorise Fund Municipal Service District Waste Renewal and Replacement Fund S 1,427,783 Sinking Funds 666,728 Landfill Closure Escrow 1.744,101 3,838,612 C-31 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 5 - RESTRICTED ASSETS (Continued) Enterprise Fund - Ke_y West Airport Passenger Facility Charge Funds 2,611.349 Refunding Improvement Revenue Bonds, Series 1993/83 Debt Service Fund Sinking Fund 209 946 Refunding Improvement Revenue Bonds, Series 1993/88 Debt Service Fund Sinking Fund 575,836 Sales Tax Revenue and Refunding Bonds, Debt Service Fund Sinking Fund 542,149 Clerk's Revenue Note Contingency Fund 53,392 7,.831.284 NOTE 6 - RESERVES FOR. RESTRICTED ASSETS AND DESIGNATIONS OF FUND BALANCE Reserves representing the excess of amounts provided for certain restricted asset accounts over the liabilities payable therefrom are established by a reduction of retained earnings or fund balance. The following schedule reflects the reserve account balances at September 30, 2000: Enterprise` Funds Municipal Service District - Waster Reserved for Debt Service $ 432,539 Reserved for Renewal and Replacement 1.427, 783 1,860,322 C-32 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 6 RESERVES FOR RESTRICTED ASSETS AND DESIGNATIONS OF FUND BALANCE (Continued) Debt Service Funds Refunding Improvement Revenue Bonds, Series 1993/83 .Reserved for Debt Service 209,946 Refunding Improvement Revenue Bonds, Series 1993/88 Reserved for Debt Service 575;836 Sales Tax Revenue and Refunding Bonds, Series'.1991 and 1998 Reserved for Debt Service 216,855 Clerk's Revenue Note, Reserved for Debt Service 53,392 1,056,029 $ 2,916,351 Retained earnings and fund balances are reserved to the extent of the excess of restricted assets over liabilities payable from restricted assets as follows: Total restricted assets $ 7,831,284 Less: Restricted assets for which retained 4,355,449 earnings are not required to be reserved Liabilities payable from restricted assets 559,484 2,916,351 A portion of the unreserved fund balance ' in Special Revenue Fund, Tourist Development District # One, Three Cent has been designated for various beach nourishment projects. The Board- has also designated a portion of the fund balance in the general fund to guarantee debt incurred by the Florida. Keys Aqueduct Authority (FKAA) . FKAA is developing construction design plans for a wastewater treatment facility to be located in Marathon. C-33 MONROE COUNTY, FLORIDA TES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 2000 NOTE 7 - PROPERTY PRIMARY The following is a summary of changes in General Fixed Assets for the year ended September 30, 2 00: 199 Additions De.ductions 2000 Land $ 28,708,600 1,818,373 $ $ 30,526,973 Buildings 81,418,924 2,099,771 83,518,695 Equipment 41,210,637 5,83,696 4,474,305 42,580,028 Construction in Progress: Courthouse Renovations 2,068,409 3,432,762 5,501,171 Other Construction 1,147,963 2,859,065 108,876 ,898.152 154, 5 .533 $16.0 3.6 7 4. .1 Z $166,025,019 n additional $4,939,026 will be required to complete the construction projects under present contractual agreements. It is the- County's policy to not capitalize interest on construction projects financed with debtproceeds. : Proprietary funds property, plant and equipment consist o the following at September 3 , 2 0 : Internal Enterprise Service Fun Funds Land $ 12,447,43454,000 Buildings and Improvements 12,330,833 1,902,374 Equipment 14,823,676 559,262 Construction in Progress 1,724,447 Total Property 41,326,3 ,515;636 Less Accumulated Depreciation 17,474,890 61, 34 Net Property $ 1.04.202 C-34 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 7 PROPERTY (Continued) COMPONENT-UNIT The' following is a summary of changes in property for the year ended September 30, 2000: 1999 Additions Deductions 2000 Land S 105,000 $ $ $ 105,000 Equipment 5,972 5,972 Buildings and Improvements 1,073,132, 1.073.132 1.184.104 $ 1,184.104 NOTE 8 - LONG-TERM DEBT PRIMARY GOVERNMENT The following is a summary of changes in long-term debt for the year ended September 30, 2000: Debt Debt 1999 Issued Retired 2000 General Long-Term " Debt Grouo Revenue Bonds $ 26,165,000 $ $ 4,255,000 $ 21,910,000 Loans Payable 850,000 200,0W 650,000 Accrued Compensated Absences 4,300,434 15,785 23,136 4,293.083 Capitalized Lease Obligations 28,399 108,885 74 N 63,128 Subtotal 31,343,833 124,670 4,552,292 26,916,211 Proprietary Funds Revenue Bonds 7.425,000 405,000 7,020,000 Accrued Compensated Absences 370,980 7,764 363,216 Capitalized Lease 'Obligation 1.478`,583 175,252 1,303,331 Subtotal 9,274,563, 588,016, 8,686,547 Total 40:618 396 124,670 S 5.140.308 L35.602,758 . C-35 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 8 - LONG-TERM. DEBT (Continued) Bonds payable at September 30, 2000 from Proprietary funds are composed of the following issues: Enterprise Revenue Bonds $9,570,000 1991 Municipal Service District Refunding Improvement Bonds due in annual installments of $425,000 to $735,000 on October ; 1, 2000 to October 1, 2011; interest at 6.40% to 6.75%. $ 7.020.000 Bonds payable. at September 30, 2000 from Governmental Funds are composed of the following issues: Revenue Bonds - $7,230,000 1993 Refunding Revenue Bonds, Series 1993 due in installments of $435,000 to $640,000` on December 1, 2000 to December 1, 2008; interest at 4.7% to 5.0%. 4,770,000 Revenue Bonds - $17,505,000 1998 Sales Tax Refunding Revenue Bonds, Series 1998 due in installments of $4,055,000 to $4,525,000 on April 1, 2001 to April 1, 2004 interest at 3.75% to 3.875%. 17,140,000 21, 10,000 The loan payable at September 30, 2000 from Governmental Funds is composed of the following issue: Loan PAYable $850,000 Florida Local Government Finance Commission Loan due in semiannual installments, of $100,000 to $150,000 March 2001 to September 20 3; interest due monthly based on the blended market rate of commercial paper. §UL000 C-36 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE LONG-TERM DEBT (Continued) Debt Service Fundi nq Requirements The total annual debt servicefunding requirements for all bonds outstanding (net .of sinking fund" balances) at September 30, 2000, consisting of interest payments of , $5,192,075 and principal payments of $29,145,000 are as follows: Revenue Bonds Year Ended Proprietary Funds Governmental Member 30 Amount Interest Rate Amount Interest Rate 2001 . $ -896,605' 6.40% 6.75% $ 5,375,021 3.75% 5.00% 2002 892,485 6.50% 6.75% 5.366,574 3.80% 5.00% 2003 891.285 6.60% - 6.75% 5,371,274 3.88% 5.00% 2004 887,625 6.75% 5,370,594 5.00% 2005 891,175 6.75% 669,000 5.00% 2006-2010. 4',249.,687 6.75% 2,016.000 5.00% 2011 747,250 6.75% Total $ 2,456.112 524.168.463 Year Ended Loans Payable September 30 Amount Interest Rate Total 2001 $ 230,000 5.00% 6,501,626 2002 222,500 5.60% 6.481,559 2003 260 000' 5 A0% 6,522,559 2004 6,258.219 2005 1,560,175 2006-2010 6,265,687 2011 747.250 Total S 712.500 E34.337.075 The amount available in the Debt Service 'Funds to service the Series 1993/88 and'1998 revenue bonds and 1998 Loan Payable is $1,056,029. Restrictive Covenants and Collateral Requirements - The '1993/88 Refunding Improvement Revenue Bonds are payable from and collateralized by a first lien upon and pledge of 'the Guaranteed Entitlement portion of theRevenue Sharing Trust Fund for Counties and the Second Guaranteed Entitlement for Counties paid by the State of Florida. C-37. MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPT EMBER 30 2000 NOTE 8 - LONG-TERM DEBT (Continued) The 1991 Municipal Service District Refunding Improvement bonds are payable solely from and collateralized by a prior lien upon and pledge of (i) charges for service levied annually against residential property within the Monroe County Municipal Service District (the "District") , Monroe County, Florida for the availability and furnishing of certain solid waste disposal services, (ii) payments received from franchisee solid waste collectors with respect to commercial property within the' District, (iii) -all other non ad valorem funds received by the District with respect to, furnishing services of the solid waste facilities to the residents of the District excluding any state or federal funds received from time to time by the District and 00. certain investment income received by the District. Under the terms of the enterprise revenue bonds issue, the Municipal Service District is required, among other things, to establish 'rates and to collect ,fees an charges which will be -sufficient at all times to pay 110% of the Maximum Debt Service Requirement on the Series 1991 Bonds and on all outstanding Parity Bonds, plus 100% of all reserve or other payments including the cost of Operation and Maintenance and deposits for Renewal and Replacements of the Facilities. The Municipal Service ' District was in compliance with those covenants for the year ended ' September 30, 2000. The Bonds and the interest payable thereon will not constitute a general obligation of the District, Monroe County or the State of Florida, or a pledge of the faith and credit of the District, Monroe County, , the State of Florida or any political subdivision thereof. Neither the Bonds, nor any interest or premium thereon, shall be payable from the ad valorem tax revenues of the District, Monroe County, or the to of Florida. The 1998 Sales Tax Refunding Revenue Bonds are payable from and collateralized by- a lien and pledge of the portion of the proceeds of the one cent local government infrastructure sales surtax on deposit in the , trust fund established for the County in the Florida State Treasury, allocated for and distributed monthly tote County. Florida Local Government Finance Commission - The Florida Local Government Finance Commission was created pursuant to the Florida Interlocal Cooperation Act of 1969, Section 163.01 Florida Statutes, as amended through an ,interlocal agreement dated as of February 19, 1991' initially among three Florida counties for the purpose offinancing or refinancing capital projects for each member (borrower) . C-38 MONROE`COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 8 • LONG-TERM DEBT (Continued) Under. the Interlocal Agreement, the specific purpose of the .Commission is to enable a limited. number of participating public agencies to benefit from the economies of scale associated with large commercial paper financing and to assist governmental units in developing and structuring financing programs. Each borrower's liability is the several liability of that borrower, expressly limited to its loan repayments and each borrower has no joint liability with any other borrower or the Commission for any of their respective liabilities. COMPONENT UNIT The foil owi ng i s a summary, of changes i n 1 ong-term debt for the year . ended September 30, 2000: Debt1999 Issued, Retired 2000 Mortgages Payable $ 1,178,132 - - $1.178.132 'Mortgages payable at September 30, 2000 are composed of the following: Mortgages due to Monroe County'Land Authority, collateralized by land and building, payable in. full September 2045, interest free. S 59,025 Mortgages due to First Housing; collateralized by land and building, payable in .full March, 2001 interest free. 1,119,107 $ 1,178.132 C-39 MONROE, COUNTY,-FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 NOTE D FE SA CE� F DEBT The following schedule reflects the outstanding principal on refunded bonds, by issue, as of September 30, e ,000,00 - Municipal Service District Improvement Revenue Bonds, Series ; defeased on December 6, 1985 using procee _ from the -$9,211,774 Municipal Service District Refunding Improvement Bonds' , Series 1985 ,930,000 $9,211,774 Municipal Service District Refunding Improvement Bonds, Series 5; defeased on April 1, 1991 using proceeds fro the Municipal, Service District Refunding Improvement Bonds, Series 1991 5, 13,988 Total Municipal Service Dlistrict Bonds 1 1 ,543,,9L8 $4,585,000 Card Sound o and Bridge Improvement Revenue Bonds, Series 9 3 efeased on March 8, 1994 using available cash I 3.070a000 $2,155,000 Refunding Improvement Revenue Bonds, Series 1 3; defeased on January 1, 1993 using proceeds from the Refunding Improvement Revenue Bonds, Series 1993/83 $ 1, 25,000 $5,000,000 Improvement Revenue -Bonds, Series 19 ; defeased n MayJ, 1993 using roc e s from the Refunding' evenue Bonds,' Series 1993/88 4,46 ,000 $42,415,000 1991 Sales ,Tax Revenue Bonds, Series 1991; partially defeased on February , 1998 using proceeds from the Sales Tax Refunding Revenue 'Bonds, Series 1998 16, 70,000 Total General Revenue Bonds 760.000. C 40 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 10 - LEASE OBLIGATIONS Capitalized lease obligations consist of equipment lease purchases accounted for in the General Long-Term Debt Account Group and General Fixed Assets Account Group, and the Municipal Service District Enterprise Fund. The future minimum payments under capitalized leases consist of the following at September 30, 2000: General Long Proprietary Fiscal year ending September 30 Term Debt Funds 2001 $ 44,891 $ 259,200 2002 21,471 259,,200. 2003 - 259,200 2004 259,200 2005 259,2010 Thereafter 259,197 Total minimum payments 66,362 1,555,197 Amounts representing interest 3,234 251,866 Present value of net minimum lease 63,128 $ 1,303,331 payments Leased property which has .been capitalized as of September 30, 2000 is as follows General' Fixed Assets - Public Safety S 192.873 Proprietary Funds $ 2.335&30 Rental expense under cancelable operating leases for, the current year amounted to $1,989,263. C-41 MONROE COUNTY., FLORIDA NOTES TO COMBINED FINANCIAL 'STATEMENTS SEPTEMBER20 NOT - LAND AUTHORITYLEASES The City of Key'West leases o properties with a cost 1,073 from the County. These properties are used to provide access and parking for city facilities. The terms of the leases provide for rental of 1 per year for 30 years, expiring in the year 2022. NOTE 12 - CONTRIBUTEDICAPITAL Contributed capital consists of contributions from other funds to proprietary funs and capital funs fro federal and state agencies, Contributed capital_ activity is as follows for the year ended September 3 , 2000: 199 Additions 2000 Municipal Service District $ 3,320,948 $ 1,5003,322,448 Card ,Sound Bridge 2,514,741 2,514,741 Marathon Airport 4,256,063 2,527 4,258,590 Key West Airport 6,931,610 ,752 7,617,362 Workers' Compensation 621 - 621 Group Insurance Fund 3,334 3,334 Risk ManagementFond 73 - 73 Fleet Management 2,67 ,750 750 2,673,500 1 .700. 4 2 2 . .669 NOTE 1 - EXPENDITURES IN EXCESSF APPROPRIATIONS The following cost centers had expenditures in excess of appropriations at September 30, 2000: General Fun Sheriff - The gener l government cost center expenditures for the Sheriff exceeded appropriations by $46,158. The Sheriff's legal level of control is - 2 , MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 13 - EXPENDITURES IN EXCESS OF APPROPRIATIONS (Continued) at the fund level not the cost center level The Sheriff was in compliance with its adopted budget at' the legal level of control . Supervisor of Elections - The general government cost center expenditures for the Supervisor of Elections exceeded appropriations by $12,524. The Supervisor of Elections' legal level of control is at the fund level, not the cost center level . The Supervisor, of Elections was in compliance with its adopted budget at the legal level of control.. Debt Service '- This cost center includes the debt service of the Sheriff, which debt service expenditures exceeded appropriations by $2,309. " The Sheriff was in budgetary compliance at its legal level of control . NOTE 14 SEGMENTS OF ENTERPRISE ACTIVITIES Municipal Service District operating revenues are generated primarily by billings for mandatory garbage collection. card Sound Bridge operating revenues are generated through tolls for the use of the Bridge. Revenues in " the Key West and Marathon Airports are generated by rents and user fees. The key financial data for the year ended September 30, . 2000 for the above services are as follows: Municipal Card Service Sound Marathon Key West District a de Airport Airport Total Operating Revenues i 13.052.054 1,205,451 S 420,137 $ 2,622,533 $ 17:300,175 Operating Expenses 12.760,853 583,785 735,535 2,749,839 16,830,012 Depreciation and Amortization 842,267 167.921 148.969 236,597 1.395,754 Total Operating Expenses 13.603_20 Z51.706 884,504 2.98g,43.6 18.225,766 C-43 MONROE COUNTY,-FLORIDA TES TO COMBINED I L STATEMENTS SEPTEMBER 30 2000 NOTE 1 - SEGMENTS OF ENTERPRISE ACTIVITIES (Continued) Operating Inc (Loss) (551,066) 453,745 ( 367) (363,903) (925,591) Operating Grants 908,341 79,164 651,930 1,639,435 Investment Income 624,466 412,201 39,648 234,359 1.310,674 Interest Expense and Other Debt Service Costs (559,404) (559,404) Gain (Loss) on Disposition Of Assets 63,876 (1,136) 73,121 (15,141) 120,720 Operating Transfers In 924,770 19,594 208,248 1,152,612 Operating Transfers Out C1,427.036) (76,228) (50,493) (677.336) {2,231.093) Net Inc (Loss) (16,053) 788,582 (303.333) 38,157 507,353 Fund Equity, 1999 9,630,792 10,531,101 6,004,768 11,914,294 38,080.955 Contributed Capital 1,500 2.527 685.752 689,779 Fund Equity, 2000 S 9.616.239 S 11.319,683 S LZU.962 "L§X= ffi 39.278.087 Assets S 21:087.906 S 11.461:753 -5.812,726 S 13.638.295 S 52.000.680 L6ng-Term Debt S 7.804,321 S 34.327 S 24.891 3 113.77Z i 7,977.311 Acquisitions and Construction Of Property S 4.401 S 32.394 S 9.95� S 743.031 S 789.778 Net Working Capital S 8.005.634 S 7.075.882 S 859.137 S 1:850.92� 17.791,575 Net Increase (Decrease) In Cash Flows 5 S 932,868 S (232.086) S 1.191.494 S 4,399.419 NOTE 1 BUDGETARY - GAAP REPORTING RECONILIIO The accompanying CombinedStatement of Revenues, Expenditures n Changes in Fund Balances - Budget and Actual - General , Special Revenue, Debt Service, Capital Project and Expendable Trust Funds for the year ended e tember 30, 2000 presents comparisons of the legally adopted budgetwith actual data on a budgetary sis. Because certain accounting principlesapplied for purposes of developing data n a budgetary sis differ from those used to present financial statements in conformity with GAAP, a reconciliation of resultant basis, timing and perspective differences in the Excess ofRevenues and Other Sources over Expenditures and Other Uses for the year ended September 30, 2000 is presented as follows: C-44 MONROECU FLORIDA TES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 0 NOTE 15 BUDGETARY - GAAP REPORTINGRECONCILIATION (Continued) Special Debt Capital Expendable General Revenue- Service Projects Trust Excess of revenues and other, sources over (under) expenditures and other uses- budgetary basis 1Q16,259) $3,258,688 LAZE 534 12 ) 179,961 Adjustments: To adjust revenues for accruals (13,028) To adjust expenditures for accruals (16,236) To adjust for mortgages receivable (510.378) To adjust for mortgage loans made 510,378 To adjust expenditures for purchases of land recorded as inventory 3,272,489 To adjust contribution of land as an expenditure (2,915,173) To adjust expenditures for cost of land sold (85.187) To adjust revenues for mortgage repayments (8,682) To adjust for unbudgeted funds; Sheriff, Fine and Forfeiture Sheriff, Law Enforcement Trust Sheriff, Shared Asset_ 81,697 Forfeiture Sheriff, Inmate Welfare 98,769' Total Adjustments 29 264) 345,144 98,769 Excess of revenues and other sources over (under) expenditures and uses • GAAP basis ) 3 603 rJLULM) LJUL7�0 C-45 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS. SEPTEMBER 30 2000' NOTE 16 INTERFUND TRANSFERS Operating Transfers during the year ended September 30, 2000 consisted of the following: Operating Operating Fund Transfers In Transfers Out General Fund $ 36,424,283 $ 2,472,468 Special Revenue Funds: Fine and Forfeiture - 30,787,431 Road and Bridge - 440,421 Law Library 30,000 Tourist Development District One, Three Cent 27,426 Governmental Fund Type Grants 1,805,798 94,036 Impact Fees - Roadways - 59,507 Fire and Ambulance, District # One 763,460 Translator System Service District - 10,409 Upper Keys Health Care Special Taxing District 22,332 Fire 'and Ambulance District # Six - 151,454 Parks -and Recreation - 260,179 Planning, Building and Zoning 1,250,104 Local Housing Assistance 94,036 Cudjoe Gardens Municipal Service District 2,083 Boating Improvement, , - 17,410 Florida keys- Marina -Marathon 195,897 Environmental Restoration 20,000 2.145,731 33,886,252 Debt Service, Funds: Sales Tax and Refunding Bonds 4,945,000 Clerk's Revenue Note 187,_000 5,132.000 Capital Projects Funds - One Cent. Infrastructure Surtax 521,393 6,229,702 C-46 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 16 - INTERFUND TRANSFERS (Continued)` Enterprise Fund: Municipal Service District' Waste 924,770 1,427,036 ' Card Sound, Bridge 76,228 Marathon Airport 19,594 50,493 Key West Airport 208,248 677,336 1,152,612 2,231,093 Internal Service Fund: Risk Management - 232,936 Fleet Management - 323,568 556,504 $ 45:376.W 45.376.019 NOTE 17 - RISK MANAGEMENT The County, is exposed to various risks of loss related to tort; theft of,, damage to, and destruction of assets; errors and omissions injuries to employees; and natural disasters During the fiscal years ended ' 1976, 1984 and 1988, the County established the Worker's Compensation, 'Group Insurance and Risk Management Funds, respectively, as internal service funds to account for and finance its uninsured risks of loss Under these programs,Ithe Worker's Compensation provides $250,000 coverage per claim. The Group Insurance Fund provides coverage up to $85,000 for each medical claim. - Risk Management provides $100,000 for each general liability, public official liability and' auto, liability claim and $100,000 for most property damage claims. Windstorm, Flood and Property Damage insurance excess coverage varies by individual property. The County purchases commercial insurance for claims in excess of coverage provided by the funds and for all other risks of ,loss. Settled claims have not exceeded this commercial coverage in any of the past three years. C-47 MONROE COUNTY, FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS EPTE E 30 2000 NOTE 17 - RISK MANAGEMENT (Continued) Al funds of the County participate in the programs and make payments to the Worker's Compensation, Group Insurance and Risk Management Funs based o estimates of the amounts needed to pay prior - and current year claims. The claims , liabilities reported at September 3 , 2000 are based on the requirements of Governmental Accounting StandardsBoard Statement No. 1 , which requires that a liability for claims be reported if information prior to the issuance of the financial statements indicates that it is probable that liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Changes in the claims liability amounts in fiscal year 1999 and 2000 were; Worker's Group Risk Compensation Insurance Management Total Balance at September 30, 1998 $ 1,073,752 $ 2,127,656 $ 1,352,096 $ 4,553,504 Current year claims and changes in estimates 1,449,181 7,556,452 527,036 9,532,669 Chaim payments (1,620,093) (7,417,172) (401.942) (9,439,207) Balance at September 30, 1999 902,840 2,266.936 1,477,190 ,646,966 Current year claims and changes in estimate 1,991,273 9,162,271 21,742 11,395,286 Claim payments (1,299,722) t8,680,526) (19 ,16 ) (10,179,410) Balance at September 30, 20 $ 1.594.391 $ 2.748.681 1.519.770 U.862.842 NOTE RETIREMENT PLAN Substantially all full -time County employees are participants in the Florida Retirement System, "The System" a multi leme loy r, cost-sharing public retirement system. The System, which is cotrolle . ,y the StateLegislature and administered y h to of Florida, Department of Administration, ivision of Retirement, covers approximately '591,900 full -time employees o various governmental units within the State of Florida. The System provides for vesting of benefits after 10 years of creditable service. Normal retirement benefits are available to employeeso retire at C-48 MONROE COUNTL FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 18 - RETIREMENT PLAN (Continued) or after age 62 with 10. or more years of service.. Early retirement is- available after 10 years of service with a 5% reduction in benefits for each year prior to the noretirement age. Retirement benefits are based on age, average compensation and years-of-service credit where average compensation is computed as the average of an individual 's five highest years of earnings. Employees are not required to contribute to this retirement system. The County has no responsibility to the System other `than to make the.periodic , payments required by state statutes. The Florida Division of Retirement issues a publicly available financial report that includes financial statements and required supplementary, information for the System-. The report may be obtained by writing to Florida Division of. Retirement, 2639 Monroe Street, Building C, Tallahassee, FL 32399-1560.' Participating employer contributions are based upon; state-wide rates established by the State of Florida. These rates are applied to employee salaries as follows: regular employees, 9.15%, special risk employees 20.29%, `and elected officials, 1699%. The County's contributions made during- the years ended September 30, -2000, 1999, and 1998 were $7,263,000, $8,027,000 and $8,987,000, respectively, equal to the actuarially determined contribution requirements for each year. NOTE 19 PENSION PLAN FOR VOLUNTEER FIREFIGHTERS AND EMERGENCY MEDICAL - SERVICES Plan Description - The Monroe , County, Florida Volunteer Firefighter and Emergency Medical Services Length of Service Award Plan . (LOSAP) is a single- employer defined benefit pension plan administered by the County. LOSAP provides retirement and death benefits to plan members and beneficiaries. Monroe County Ordinance 026-1999 defines the authority under which_ contribution and benefit provisions may be amended. This authority is presently held by the County. Funding Pol.icy -- The contribution. requirements for plan members and the County are established and may 'be amended by the County. Plan members are not C-49 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 2000 NOTE 19 - PENSION PLAN FOR VOLUNTEER FIREFIGHTERS AND EMERGENCY MEDICAL SERVICES (Continued) required to contribute. The County contributes an amount determined by an actuarial study. Benefits are calculated based on years of service as the participants are unpaid volunteers. The current contribution rate is $628 per volunteer year of service. Annual Pension Cost and Net Pension Obligation - The County's annual pension cost and net pension obligation for the year ended December 31, 1999 was $150,113. The annual required contribution for the past year was determined as part of the December 31, 1999 actuarial valuation using a variation of the aggregate actuarial I cost method. The, actuarial assumptions included (a) 5.OX investment rate of return (b) no assumption for mortality pattern as it is inapplicable (c) no assumption for salary increases as benefits- are not based on compensation and (d) no increase for inflation as benefits are based on a flat amount per year of service. The actuarial value of assets includes only the fair value of the assets. There was no unfunded actuarial accrued liability at December 31, 1999. Three Year Trend Information - This information has not been presented as this is the initial year of the plan. NOTE 20 POST RETIREMENT BENEFITS OTHER THAN PENSION In addition 'to the retirement plan described in the previous note, , the County provides post retirement health care benefits in accordance with state statutes to all employees who retire from the County with at least 10 years of service and have attained the age of 60 and/or age and years of service added together total 70, and who are enrolled in the County's group health plan., Currently 243 retirees . are eligible for this post employment benefit. Expenditures for post retirement health care benefits, excluding claims, are recognized as the premiums are paid. During the year ended September 30, 2000, expenditures of $136,359 were recognized for post retirement health care. C-50 MONROE COUNTY FLORIDA NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30 '2000 NOTE 21 - RECOGNITION OF CLOSURE AND POST CLOSURE COST State and federal laws require final cover and closure as well as post closure care ,of the County's landfills.. ; Recognition of the liability for closure and post closure( costs is based on the landfill capacity used to date. The p y' previously P landfill capacity of County's reviousl operated landfills is 100% used and has no remaining landfill life. Closure of, these landfills was substantially completed during the year ended September 30, - 1994. The County has another landfill site which has never been used. Accordingly, no future closure cost is accruable except for post closure costs estimated to be incurred in the coming year. The Florida Department of Environmental Protection approved a post closure operating plan which permits the County to fund closure and post closure costs as an operating :expense using.. annual appropriations. The landfill is required by state and federal laws- and regulations to make annual contributions to a cash escrow account to meet financial assurance,requirements. The landfill is in compliance with these requirements at September 30, 2000 with cash and investments of ; $1,744,101 held for these. purposes. In'' the event closure escrows and interest earnings prove inadequate due' to inflation, ,changes in, technology or additional post closure care requirements, these costs may need to be covered by charges to service users. NOTE 22 - LITIGATION The County is a defendant in various lawsuits and is involved in other disputes wherein substantial amounts are claimed. In the opinion of the County, these suits and claims should not result in judgments or settlements which in aggregate, would have a material adverse effect on the County's ,-financial condition. NOTE 23 `- COMMITMENTS AND CONTINGENCIES Grant Programs The County participates in a number of federally assisted grant programs. These programs are subject to financial and compliance audits by the grantors or their representatives. As, of March 9 2001 there were no material questioned or disallowed costs as a result of grant audits ;in process or completed. C-51 MONROE COUNTY, FLORIDA NOTES,TO COMBINED FINANCIAC STATEMENTS SEPTEMBER 30., 2000 NOTE 2 - COMMITMENTS AND CONTINGENCIES (Continued) Arbitrage—Rebate - In accordance with the Tax Reform Act of 1986, any interest earnings on borrowed construction funds in excess of the interest costs are required o be rebated to the federal government. The County has estimated that there will .be no significant liability for arbitrage rebate. Impact Fee Refunds - Unexpended or unencumbered fundsarising', from the collection of impact fees may be refunded within one year following the end of the sixth year from the date on which the impact fee was paid or within three months of the nonco encement of construction. Industrial DevelODment Bonds resolution adopted February 21, 11995, the County authorized the issuance of $3,400,000 of Industrial Development Revenue Bonds for the NorthKey Largo Utility Corporation Project. The bonds were subsequently issued March 9, 1995 and are secure by a mortgage on certain real estate owned by TheNorth Key Largo Utility Corporation. These bonds do. not constitute an obligation of the County and mature March 2025. y resolution adopted April 9, 1999, the Board of County Commissioners acting as the Monroe County Indust rial Development Authority approved the issuance of ,000,000 of I Industrial Development Revenue Bonds for the Key WestBrewery, Inc. The bonds were issued in two series— Series 1999A in the amount of $5,850,000 due January 1, 2030 and Series 1999B in the amount of $1,500,000 due January 1, 2009. The bonds are secured by mortgages on certain real state owned by the Key WestBrewery, Inc. and do not constitute an obligation of the County. y resolution adopted June 14, 2000, the Board of County Commissioners acting as the Monroe County Industrial Development Authority approved the issuance of $1,000,000 of Industrial Revenue Bonds for the Wesley House, Inc. The bonds re issued to fund a construction project and are expected. to e ultimately issued in the amount of 0. The final due date of theon is yet to be determined the project was not complete as of March 9, 2091 1. The bonds are secured by mortgages and assignments of rents and leases of the related property, and do not constitute n obligation of the County. C-52 THIS PAGE INTENTIONALLY LEFT BLANK q GENERAL FUND The General Fund is the general operating fund.of,the County. It is used to account for all financial resources except for those required to be accounted for in another fund. The General Fund has a greater number and variety of revenue sources than any other fund; and its resources finance a wider range of activities. The resources' of the General Fund are ordinarily largely expended and replenished on an annual basis. MONROE COUNTY,FLORIDA SCHEDULE OF REVENUES,EXPENDITURES AND CHANGES IN FUND_ BALANCE BUDGET AND ACTUAL GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: - Taxes $ 14,811,311 $ 14,768,283 $ (43,028) Licenses and Permits 200,000 372,429 172,429 Intergovernmental 41353,250 5,917,473 1,564,223 " Charges for Services 2,312,922 3,211,444 898,522 Fines and Forfeitures ' 11,500 1 9,363 (2,137) Investment Income 755,000 1,763,663 1,008,663, Miscellaneous 154,865 518,066 363,201 Total Revenues 22,598,848 26,560,721 3,961,873 Expenditures: Current: General Government: Board of County Commissioners 1,288,749 1,162,259 126,490 County Administrator 359,319 357,954 1,365 Public Works Management 171,719 166,078 5,641 Public Safety Management 174,224 169,903 4,321 Community Services Management 140,017 134,929 5,088 County Attorney - 837,653 630,278 207,375 Office of Management&Budget 481,432 438,909 42,523 Information Systems 1,251,547 1,177,497 74,050 Personnel 364,134 334,565 29,569 Vehicle Replacement 23,094 - 23,094 Public Works Facilities Maintenance 4,412,733 3,772,651 640,082 ADA Compliance 5,000 260 4,740 Value Adjustment Board 15,000 10,633 4,367 'Community Services-Marine'Projects 66,018 65,087 931 Promotional Advertising 5,000 4,447 553 Tax Increment Payment 52,397 52,397 -- Quasi External Services 22,000 13,758 8,242 Clerk to,BOCC-Financial Package 51,680 9,263 42,417 Clerk to Board of County-Commissioners 836,744 830,341 6,403 Internal Audit 139,341 132,829 6,512 TDC Audit Function 128,470 101,718 26,752 Insurances-Clrk BOCC, Internal&TDC Audits 144,525 137,305 7,130 Tax Collector 2,524,760 2,284,708 240,052 Property Appraiser 2,529,073 2,249,032 280,041 Sheriff 806,808 852,966 (46,158) Supervisor of Elections 931,490 944,014 (12,524) Insurances-Supervisor of Elections 88,110 88,110 - D-1 (Continued) MONROE COUNTY,FLORIDA SCHEDULE OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL GENERAL FUND -CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Total General Government 17,851,037 16,121,981 1,729,056 Public Safety: Hurricane 12,240 4,130 8,110 Communications 518,897 496,907 27,990 Emergency Medical Services Administration 141,030 129,718 11,312 Emergency Management 212,855 211,039 1,816 Marathon EOC 85,366 75,490 9,876 Radiological Emergency. Preparedness 43,923 43,917 6 Emergency Medical Air Transportation 20,000 - 20,000 Medical Examiner 304,511 304,319 192 Red Cross Lower Keys 22,500 22,500 -- Sheriff 30,807,276 30,413,699 393,577 Total Public Safety 32,168,598 31,695,719 472,879 - Physical Environment: Extension Service 185,437 180,710 4,727 Hazardous Waste 212,913 182,546 30,367 Total Physical Environment 398,350 363,256 35,094 Transportation: County Engineer 87,648 33,096 54,552 Economic Environment: Literacy Volunteers of America 9,000 9,000 -- Veteran's Affairs 405,762 396,469 9,293 Total Economic Environment 414,762 405,469 9,293 Human Services: Health Care Respite Act 175,000 129,570 45,430 Hospice of the Florida Keys 40,000 40,000 -- Public Works Animal Shelter 683,604 683,449 155 Bayshore Manor . 436,829 405,964 30,865 Rural Health Network Van 25,000 -- 25,000 Middle Keys Guidance Clinic 498,900 498,900, Upper Keys Guidance Clinic 87,444 87,444 -- Care Center for Mental Health 184,141 184,141 The Heron 22,394 22,394 -- D-2 (Continued) MONROE COUNTY,FLORIDA SCHEDULE OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL GENERAL FUND -CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Monroe County Assoc for Retarded Citizens 27,626 27,626 -- Heron/Peacock 20,000 20,000 -- Older Americans Volunteer Program 4,000 380 3,620 Legal Aid 17,500 13,970 3,530 Welfare Administration 636,530 580,662 55,868 Welfare Services 799,500 674,018 125,482 Caring Friends for Senior 8,000 8,000 -- Big Brothers\Big Sisters 18,820 Florida Keys Children Shelter 23,912 23,912 - Wesley House 25,000 25,000 -- Pace 20,000 10,904 9,096 Help Line 20,811 16,400 4,411 Domestic Abuse Shelter" 22,881 22,88.1 -- Florida Keys Outreach Coalition 8,250 8,250 -- Healthy Kids Program 38,370 23,377 14,993 Shared Services 5,000 3,958 1,042 Total Human Services 3,849,512- 3,530,020 319,492 Culture and Recreation:. Heart of the Keys Recreation 18,000, 18,000 -- Big Pine Athletic Association 48,000 18,000 30,000 Boys and Girls Club 30,000 30,000 -- Boys and Girls Club-Upper Keys 23,600 9,295 14,305 Higgs Beach Maintenance 47,042 45,818 1,224 School Board Interlocal 403,941 403,040 T Mthn Park Land Acquisition 354,000 -- 354,000 Lower Keys AARP 1,500 1,500 - Middle Keys AARP 1,500 1,194 306 Upper Keys AARP 1,500 1,362 138 Big Pine Key AARP 1,500 1,473 27 Fine Arts Council 45,000 45,000 - Historic Keys Foundation 30,000 30,000 -- Library Admin Support 456,667 357,223 99,444 Library Key West 575,156 531,720 43,436 Library Key West Donations 49,631 34,280 15,351 Library Marathon 248,430 229,183 19,247 Library"Marathon Donations 10,818 8,879 1,939 Library Islamorada 248,716 238,752 9,964 Library Islamorada Donations 3,107 2,999 108 Library Key Largo 361,572 316,757 44,815 D-3 (Continued) MONROE COUNTY,FLORIDA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE ®BUDGET AND ACTUAL. GENERAL FUN - CONTINUED FOR THE FISCAL,YEAR ENDED SEPTEMBER 30,2 0 Variance Favorable Budget Actual (Unfavorable) Library Key Largo Donations 12,050 4,330 7,720 Library Big Pine Ivey 183,248 178,932 4,316 Library Big Pine Ivey Donations 11,795 4,477 7,318 Total Cultural and Recreation 3,166,773 2,513,114 653,659 Court Related: Clerk of the Court-Records Management 225,409 210,784 14,625' Clerk of the Court-Recording 317,887 315,392 2,495 Clerk of the Court-Administrative 240,735 221,679 19,056 Clerk of the Court-Jury Management 58,979 54,554 4,425 Clerk of the Circuit Court-Criminal 519,930 493,965 25,965 Clerk of the Circuit Court-Civil 274,756 273,003 1,753 Clerk of the Circuit Court-Family, 121,623 120,348 1,275 Clerk of the Circuit Court-Juvenile 79,074 74,860 4,214 Clerk of the Circuit Court-Probate 43,459 41,776 1,683 Clerk of the Court-Information Systems 551,926 531,275 20,651 Clerk of the County Court-Criminal 371,934 361,168 10,766 Clerk of the County Court-Civil 124,376 121,549 2,827 Clerk of the County Court-Traffic 522,729 508,313 14,416 Insurances-Jury Management 8,102 7,459 643 Insurances-Administration 67,154 63,018 4,136 Insurances-Circuit Criminal 89,261 82,948 6,313 Insurances-Information Systems 44,333 31,173 13,160 Insurances-Circuit Civil 37,739 37,189 550 Insurances-Circuit Family 14,737 14,035 702 Insurances-Circuit Juvenile 13,235 12,060 1,175 Insurances-Circuit Probate, 6,700 6,052 648 Insurances-Records Management/Recording 84,406 80,916 3,490 Insurances-County Criminal 72,742 69,288 3,454 Insurances-County Civil 29,213 21,555 7,658 Insurances-County Traffic 92,803 89,993 2,810 State Attorney 151,402 124,121 27,281 Public Defender 246,270 239,579 6,691 Court Administration 76,496 72,411 4,085, Court Admin-Judicial Support 275,977 275,702 275 Court Ad min-Staff Attorney .1 8,400 5,805 2,595 Court Admin-Jury Management 14,736 14,736 -- Court Ad n®Masters 4,500 2,977 1,523 Court Ad min-Masters 12,000 10,698 1,302 Court Ad min-Alt Dispute Resolution-Family 4,390 1,105 3,285 D-4 (Continued) MONROE COUNTY,FLORIDA SCHEDULE OF REVENUES,EXPENDITU AN CHANGES IN FUN BALANCE d BUDGET AN ACTUAL GENERAL FUN - CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 3 ,20 Variance Favorable Budget Actual (Unfavorable) Court Admin-Circuit Court Reporter Services 332,768 291,994 40,774 Court Admin-Witness Coordination 35,809 29,885 5,924 Court Admin-Circuit Drug Court 243,051 225,793 17,258 Court Admin-Pretrial Release 445,194 440,592 4,602 Court Admin-Other Circuit Court Criminal Cost 17,010 16,907 103 Court Admin-Pro Se Services 115,447 107,282 8,165 Court Ad 'n-CustodyNisit Evaluation 5,000 5,000 - Court Admin-Guardian Ad'Litem 136,283 131,360 _ 4,923 Court Admin-Other.Circuit Court Juvenile 130,245 123,465 6,780 Court Admin-Clinical Evaluations 24,000 21,153 2,847 Court Admin-Masters Hearing Officers 14,000 13,830 170 Court Admin-Attorney's Fees 11,000 9,603 1,397 Court Admin-Other Circuit Court Probate Costs 28,390 27,653 737 Court Admin-Information Systems 125,303 121,490 3,813 Court Admin-County Court Interpreters 37,013 35,680 1,333 Court Admin-Other County Court Criminal,Costs 11,675 10,901 774 - Total Court Related 6,519,601 61204,074 315,527 Debt Service: Principal Retirement. 52,824 54,387 (1,563) Interest and Fiscal Charges 5,818 6,564 (746) Total Debt Service 58,642 60,951 (2,309) Total Expenditures 64,514,923 60,927,680 3,587,243 Excess of Revenues Over/ (Under)Expenditures (41,916,075) (34,366,959) 7,549,116 Other Financing Sources/(Uses): Reserve for Contingencies (1,662,275) -- 1,662,275 Operating Transfers from Other Funds 37,488,350 36,424,283 (1,064,067) Operating Transfers to Other Funds (29551,564) (2,472,468) 79,096 Capital Lease Acquisition. -- 108,885 108,885 Total Other Financing Sources(Uses) 331274,511 34,060,700 786,189 Excess of Revenues and Other Sources Over/(Under)Expenditures and Other Uses'-Budgetary Basis (8,641,564) (306,259) 8,335,305 D-5 (Continued) MONROE COUNTY,FLORIDA SCHEDULE OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL GENERAL FUND- CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Total Adjustments -- (29,264) (29,264) Excess of Revenues and Other Sources Over/(Under)Expenditures and Other Uses -GAAP Basis (8,641,564) (335,523) 8,306,041 Fund Balance, October 1, 1999 23,524,232 23,524,232 -- Fund Balance,September 30,2000 $ 14,882,668 $ 23,188,709 $ 8,306,041 D-6 THIS PAGE INTENTIONALLY LEFT BLANK SPECIAL REVENUE FUNDS AFFORDABLE HOUSING PROGRAMS To account for revenues and expenditures of various low income housing programs. FINE AND FORFEITURE To account for revenues received from fines and forfeitures imposed from the commission of statutory offenses, ad valorem taxes that are transferred to the Sheriff's Department, and to account for operations of the County's court support system. ROAD AND BRIDGE To,account for all revenues, operating expenditures and capital improvements for the, construction and maintenance of roads and bridges. LAW LIBRARY To account for all revenues and expenditures for the County's law library. TOURIST DEVELOPMENT DISTRICTS To account for the local option three cent bed tax in five district funds and an Administrative and Promotional Fund for the expenditures of advertising, promotions, and special events of"the County Tourist Development Council. GOVERNMENTAL FUND TYPE GRANTS To account for operating revenue and expenditures for'certain federal and 'state grants. IMPACT FEES To account for'the revenues and expenditures relating to impact fees collected for roadways, parks and recreation, libraries, solid waste, police facilities and fire and EMS. FIRE AND AMBULANCE DISTRICTS To account for revenues and expenditures in districts for fire and ambulance services. TRANSLATOR SYSTEM SERVICE DISTRICT To account for all, revenues and expenditures for the County's television translator system. UPPER KEYS HEALTH CARE SPECIAL TAXING DISTRICT To account for all transportation and hospitalization costs of Monroe County trauma patients in Dade County. UNINCORPORATED AREA SERVICE DISTRICT To account for all revenues and expenditures for planning,building and zoning and parks and recreation services provided only to the unincorporated areas of the County. (Continued) SPECIAL REVENUE FUNDS-CONTINUED 911 ENHANCEMENT FEES To account for fees levied on each telephone access line in Monroe County, for the enhancement of the 911 emergency telephone system. DUCK KEY SECURITY DISTRICT To account for the revenues and expenditures in providing security services for the Duck'Key District. LOCAL HOUSING ASSISTANCE To account for the revenues and expenditures for the administration and implementation of the State Housing Initiatives Partnership Program. NON-AD VALOREM ASSESSMENTS To account for the non-ad valorem assessment,revenues and expenditures for ' water circulation improvements through the installation of culverts in Cudjoe Gardens. BOATING IMPROVEMENTS To account for revenues and expenditures for providing boating-related activities, for removal of vessels and floating structures deemed a hazard to public safety and health, and for manatee and marine mammal protection and recovery. MISCELLANEOUS SPECIAL REVENUE To account for revenues and expenditures earmarked for specific purposes. FLORIDA KEY'S MARINA To account for all revenues and expenditures for the Florida Key's Marina. ENVIRONMENTAL RESTORATION To account for all revenues and expenditures for fines/fees collected and earmarked for environmental restoration. COMPREHENSIVE PLAN LAND AUTHORITY To account for the revenues and expenditures for;purchasing unbuildable,'recreational, and conservational property and repackaging the property to'meet the land use requirements. SHERIFF'S FORFEITURE To account for the Sheriff's revenues produced from forfeitures and expenditures in the prevention, investigation, detection and identification of crime.' This fund does not have a legally adopted budget. SHERIFF'S HIDTA GRANTS To account for all revenues and expenditures for the Sheriff Department's HIDTA programs. SHERIFF'S MISCELLANEOUS To account for the revenues and expenditures of other Sheriff's services as follows: •Impact Support •Off-Duty "*Federal Asset Sharing Program *Airport Services *Law Enforcement Trust Fund *Shared Asset Forfeiture MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL SPECIAL REVENUE FUNDS SEPTEMBER 30,20 0 Affordable Fine Road Housing and and Law Programs Forfeiture ridge Library ASSETS -- _.., Assets: Cash and Cash Equivalents $ 133,553 $ 13,586,917 $ 14,399,935 42,120 Accounts Receivable: Other - - 13,088 -- Allowance for Other Uncollectible - - -- -- Mortgages/Notes Receivable 645,445 Allowance for Mortgage Receivable (387,274) Inventory of Land for Resale -- -- -- __ Due from Other Funds -- -- 84,681 -- Due from Other Governmental,Units -- 1,284,987 482,090 3,600 Interest Receivable Total Assets $ 391,724 $ 14,8719904 $ 14,979,794 $ 45,720 LIABILITIES AND FUND EQUITY , Liabilities: Accounts Payable $ - $ 135,735 $ 219,444 $ 1,972 Retainage,Payable -- -- 82,513 -- Due to Other Funds -- 125 464,108 Due to Other Governmental Units -- 9,614 7,885 -- Accrued Camp. Absences payable - 4,874 -- 1,020 Accrued.Wages and Benefits payable- - 23,627 111,190 1,782 Deposits in Escrow -_ __ 975 Deferred Revenues 258,171 -- -- - Other Current Liabilities - 1,008 55 -- Total Liabilities 258,171 174,983 886,170 .4,774 Fund Equity: , Fund Balances: Reserved for Encumbrances -- -- 73,287 -- Reserved for Land Acquisition Reserved for Inventory Reserved for Mortgage Loans Unreserved, Designated for Beaches -_ Unreserved, Undesignated 133,553 14,696,921 14,020,337 .40,946 Total Fund Equity 133,553 14,696,921 14,093,624 40,946 Total Liabilities and Fund Equity $ _ 391,724 $ - 14 871,904 $ _1 ,979,794 $ 45,720 E-1 (Continued) MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL SPECIAL REVENUE FUNDS - CONTINUED SEPTEMBER 30,2000' Tourist Tourist Dev. Tourist Tourist Development, Admin. & Development, Development, All Districts, Promotional; District#One, District#Two, Two Cent Two Cent Three Cent Three Cent ASSETS Assets: Cash and Cash Equivalents $ 3,678,201 $ 31952,408 $ 2,896,300 $ 330,645 Accounts Receivable: Other 15 5 Allowance for Other Uncollectible - -- -- -- Mortgages/Notes Receivable -- -- -- -- Allowance for Mortgage Receivable -- -- -- -- Inventory of Land for Resale -- -- - -- Due from Other Funds 17,647 36,569 14,526 1,362 Due from Other Governmental Units 169,154` 350,521 124,582 17,398 Interest Receivable -- -- =- Total Assets $ '3,865,017 $ 4,339,503 $ 3,035,408 $ 349,405' " LIABILITIES AND FUND EQUITY Liabilities: Accounts Payable $ 351,001 $ 297,073 $ 132,885 $. 19,328 Retainage Payable -- -- -- -- Due to Other Funds -- -- 27,591 -- Due to Other Governmental Units 1,462 -- 574' -- Accrued Comp. Absences Payable -- -- 3,976 923 Accrued Wages and Benefits Payable, 133 2,119 2,632 890 Deposits in Escrow -- -- -- -- Deferred Revenues -- -- -- -- Other Current Liabilities 270 15 - -- Total Liabilities 352,866 299,207 167,658 21,141 Fund Equity: Fund Balances: -Reserved for Encumbrances Reserved for Land Acquisition -- " -- -- -- Reserved for Inventory -- -- -- -7 Reserved for Mortgage Loans -- -- -- -- Unreserved,Designated for Beaches -- Unreserved, Undesignated 3,512,151 4,040,296 2,555,600 328,264 Total Fund Equity 3,512151 4,040,296 2,867,750 328,264 Total Liabilities and Fund Equity $ 3865,017 $ _ 4,339,503 $ 3,035,408 $ 349,405 E-2 Tourist Tourist Tourist Development, Development, Development, Governmental Impact Fees, Dist.#Three, Dist.#Four, District#Five, Fund Type Impact Fees, Parks and Three Cent Three Cent Three Cent Grants Roadways. Recreation $ 416,436 $ 670,018 $ 1,147,457 $ 1,177,587 $ 7,685,824 $ 796,864 21,809 3,211 3,448 4,560 1,035,811 -- 4,242 42,252 36,335 39,270 1,963,670 2,215, -- $ 461,899 $ 709,801 $ 1,191,287 $ 4,198,877 $ 7,688,039 $ 801106 $ 22,491 $ 24,277 $ 15,938 $ 492,017 $ -- $ 5,646 -- - - 3,350 -- 2,278 __ -- 173,599 59,507 14,584 - -- -- 262,849 5,209 39 1,504 9,162 - 2,315 51 1,067 88,612 -- ®- -- -- -- 953,689 -- -- -_ -_ -- 247 30,015 24,367 18,509 1,983,525 59,507 22,508 431,884 685,434 1,172,778 2,215,352 7,628,532 778,598 431,884, 685,434 1,172,778 2,215,352 71628,532 778,598 $ 461,899 $ 709,801 $ 1,191,287 $ 4,198,877 $ 7,688,039 1 801,106_ E-3 (Continued) MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL SPECIAL REVENUE FUNDS - CONTINUED SEPTEMBER 30,2000 Impact Fees, Impact Fees, Impact Fees, Impact Fees, Police Fire and Libraries Solid Waste Facilities EMS .ASSETS.. Assets: Cash and Cash Equivalents $ 354,417 $ 195,034 $ 601,771 $ 239,255 Accounts Receivable: Other -- -- -- -- Allowance for Other Uncollectible Mortgages/Notes Receivable - - -- - Allowance for Mortgage Receivable -- - - -- Inventory of Land for Resale -- _- -- -- Due from Other Funds Due from Other Governmental Units 1,694 448 105 735 Interest Receivable, - -- - -- Total Assets $ 356,111 $ 195,482 $ 601,876 $ 239,990 LIABILITIES AND-FUND EQUITY Liabilities: Accounts Payable $ -- $ -- $ 538 $ -- Retainage Payable Due to Other Funds -- -- 417 -- Due to Other Governmental Units -- -- -_ Accrued Comp. Absences Payable -- -- -- -- Accrued Wages and Benefits Payable - -- -- -- Deposits in Escrow_ -- -- - -- Deferred Revenues -- -- -- Other Current Liabilities =- -- -- -- Total Liabilities - -- 955 -- Fund Equity: Fund Balances: Reserved for Encumbrances -- -- - -- Reserved for Land Acquisition -- -- - -- Reserved for Inventory -- -- -- - Reserved for Mortgage Loans -- -- - -- Unreserved,Designated for Beaches -- -- - Unreserved,`Undesignated 356,111 195,482 600,921 239,990 Total Fund Equity 356,111 195,482 600,921 239,990 -Total Liabilities and Fund Equity $ _356,111 $ <195,482 $ 601,876 $• 23.9,990 E-4 Fire & Amb. Translator Upper Keys Unincorp. Unincorp. District#1, System Health Care Fire & Amb. Area Service Area Service Lower and Service Special District#6, District, Dist.,Planning, Middle Keys District Taxing Dist. Key Largo Parks &Rec. Bldg. &Zoning $ 2,397,471 $ 11,271 $ 31720,682 $ 807,439 $ 1,483,346 $ 6,326,731 3,043,210 -- 7,291 5 1,758 156,609 (2,906,812) __ __ 3,718,822 83,402 -- -- 9,502 56,005 38,533 $ 2,617,271 $ 11,271 $ 3,727,973 $ 816,946 $ 1541,109 $ 10,240,695 $ 75,147 . $ 310 $ 139,377 ;$ 35,054 $ 14,801 $ 190,003 763,832 10,409 22,332 151,507 260,614 1,166,481 2,331 -- 230 1,164 965 6,380 -- 1,329 1,128 -- 19,106 140,075 -- 5,043 1,962 24,495 170,645 -- -- - 2,955 150 -- __ __ __ 995 981,535 10,719 168,311 190,815 300,875 1,556,565 0,325 -- -- 220 -- 3,000 1,626,411 552 3,559,662 625,911 1,240,234 8,681,130 1,635,736 552 3,559,662 626,131 1,240,234 8,684,130 $ 2,617,271 $ 11,271 $ _3�27,973 $ ,816,946 $ 1,541,109 $ 10,240,695 E-5 (Continued) MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL SPECIAL REVENUEYUNDS- CONTINUED ,,SEPTEMBER 30,2000 Cudjoe 911 Duck Key Local Gardens Enhancement Security Housing Municip.Svc. Fees District Assistance Culy.Dist. ASSETS - _ -- - Assets: Cash and Cash Equivalents $ 476,251 $ 118,527 $ 1,24.9,784 $ 13,799 Accounts Receivable: Other 27,863 -- -- _- Allowance for Other Uncollectible -- -- -- _ Mortgages/Notes Receivable -- -- 1,949,339 -- Allowance for Mortgage Receivable -- -- -- Inventory of Land for Resale -- -- -- Due from Other Funds -- -- 94,036 -- Due from Other Governmental Units . 40,214 1 -- -- Interest Receivable -- -- 40,661 -- Total Assets $ 544,328 $ 118,528 $ 3,333,820 $ 13,799 LIABILITIES AND FUND EQUITY Liabilities: Accounts,Payable $ 13,648 $ 6,025 $ 28,318 $ -- Retainage Payable -- -- -- Due to Other Funds -- -- -- 2,083 Due to Other Governmental Units -- -- 14,546 -- Accrued Comp. Absences Payable -- -- -- -- Accrued Wages and Benefits Payable 2,014 - -- -- Deposits in Escrow -- -- -- Deferred Revenues -- -- 1,949,339 -- Other Current Liabilities -- -- -- Total Liabilities 151662, 6,025 1,992,203 2,083 Fund Equity: Fund Balances: Reserved for Encumbrances -- -- --Reserved for Land"Acquisition -- - - -- Reserved for Inventory -- - -- -- Reserved for Mortgage Loans -- -- -- -- Unreserved,Designated for Beaches -- -- -- -- Unreserved,Undesignated 528,666 112,503 1,341,617 11,716 Total Fund Equity 528,666 112,503 1,341,617 11,716 Total Liabilities and Fund Equity $ 544,328 $ _ 118,528 $ 3,333,820 $ 13,799 E-6 Comprehensive Miscellaneous Florida Plan Sheriff's Boating Special Keys Marina- Environmental Land Impact Improvement Revenue Marathon Restoration Authority Support $ 449,036 $ 1,080,289 $ 142,470 $ 53,201 $ 13,885,457 $ __ - 155 -- -- 4,630 -- __ 1,416,532 -- --. -- -- -- 9,786,393 12,988 45,036 15,897 20,000 -- 167,725 - 17,510 -- -- 693,661 -- $ 462,024 $ 1,142,990 $ 158,367 $ 73,201 $ 25,786,673 $ 167,725 $ 20,341 $ -- $ 14,500 19,643 5 1,250 -- -- 164,020 416 -- -- 3;705 -- -- 119 -- 1,898 -- -- -- 20 -- -- -- -- 36,271 39,984 36,276 16,305 -- 1,898 167,725 21,648 -- __ __ 3,349,399 -- __ 9,786,393 - __ 1,416,532 -- 400,392 1,106,714 142,062 73,201 11,232,451 -- 422,040 1,106,714 142,062 73,201 25,784,775_ -- $ 462,024 $ 1,142,990 $ 158,367 $___ ____73,201, $ 25,786,673 $ 167,725 E-7 (Continued) MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL SPECIAL REVENUE FUNDS CONTINUED SEPTEMBER30,2000 Sheriff's Federal Sheriff's Sheriff's Asset Sharing Airport Sheriff's Off-Duty Program Services Forfeiture ASSETS Assets: Cash and Cash Equivalents $ -- $ 15,792,649 $ -- $ 276,941 Accounts Receivable: Other -- Allowance for Other Uncollectible -- -- Mortgages/Notes Receivable -- -- -- -- Allowance for Mortgage Receivable -- -- -- -- Inventory of Land for Resale -- -- -- -- Due from Other Funds -- -- __ Due from Other Governmental Units 1,122 -- 103,458 - Interest Receivable -- - -- Total Assets $ 1,122 $ 15,792,649 $ 103,458 $ 276,941 LIABILITIES.AND FUND EQUITY Liabilities: Accounts Payable $ -- $ 7,225 $ -- $ 547 Retainage Payable -- -- -- -- Due to Other Funds 1,122 205976 103,458 175,120 Due to Other Governmental Units -- -- -- 101,274 Accrued Comp. Absences Payable Accrued Wages and Benefits Payable Deposits in Escrow -- -- -- -- Deferred Revenues -- -- -- -- Other Current Liabilities -- -- -- Total Liabilities _1,122` 213,201 103,458 276,941 Fund Equity: Fund Balances: Reserved for Encumbrances -- - -- -- Reserved for Land Acquisition Reserved for Inventory -- -- - - Reserved for Mortgage Loans Unreserved, Designated for Beaches' -- -- -- -- Unreserved, Undesignated -- 15,519,448 -- -- Total Fund Equity -- 15,579,448 - -- Total Liabilities and Fund Equity $ 1,122 $ 15,792,649 $ 103,458 $ 276,941. E-8 Sheriffs Sheriffs Sheriff's Law Shared HIDTA Enforcement Asset Grants Trust Forfeiture Total 1,210,086 $ 953 $ 3,952,337 $ 105,753,462 -- -- -3,276,438 (2,906,812) -- ®- -- 4,011,316 (387,274) - -- - 9,786,393 1,170 75,326 -- 5,357,057 23,855 -- 5,586,319 -- 40,661 $ 1,211,256 $ 100,134 $ 3,952,337 $ 130,517,560 $ 858,771 $ -- $ 220 $ 3,122,632 -- -- -- 88,141 3,1,486 100,134 -- 3,919,403 187,140 -- -- 600,535 34,543 -- -- 82,813 679,985 995 3,200,425 - -- -- 2,740 1,211,256 1.00,134 220 11,697,669 -- - -- 107,480 __ -- 3,349,399 -- -- - 9,786,393 -- -- -- 1,416,532 -- __ -- 312,150 -- -- 3,952,117 103,847,937 3,952,117 11.8,819,891 $ 1,211,256 $ 1002134 $ 3,952,337 $ 130,517,560 E-9 THIS PAGE INTENTIONALLY LEFT`BLANK MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Affordable Fine Road Housing and and La Programs Forfeiture Bridge Library Revenues: Taxes $ -- $ 31,627,974 $ 1,782,998 $ -- Licenses & Permits -- -- ®- -- Intergovernmental -- 28,570 3,425,136 -- Charges for Services -- 2,252,745 39,623 43,851 Fines & Forfeitures - 1,450,372, -- - Investment Income 8,567 1,126,056 861,880 1,680 Miscellaneous 17,284 780 80,708 1,083 Total Revenues 25,851 36,486,497 6,190,345 46,614 Expenditures: Current: General Government - 126,365 -- _- Public Safety - 5,041,124 -- - Physical Environment - -- - Transportation -- -- 4,398,965 -- Economic Environment 19,868 -- 98,294 _- Human Services -- -- 863,714 -- Culture and Recreation -- -- Court Related 485,900 - 66,607 Debt Service -- -- -- Total Expenditures- 19,868 5,653,389 5,360,973 66,607 Excess of Revenues Over/ (Under)Expenditures 5,983 30,833,108 829,372 (19,993) Other Financing Sources/(Uses); Operating Transfers from Other Funds -- -- - 30,000 Operating Transfers to Other Funds -- (30,787,431) (440,421) - Total Other Financing Sources/(Uses) . (30,787,431) (440,421) 30,000 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses 5,983 45,677 388,951 10,007 Fund Balance, October 1, 1999 127,570 14,651,244 13,704,673 30,939 Residual Equity Transfer In -- -- -- Residual Equity Transfer Out- -- -- -- - Fund Balance, September 30, 2000 $ 133,553 $ 14,696,921 $ 14093,624_ $ 40,946 E-10 (Continued) MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS - CONTINUED FOR THE FISCAL YEAR-ENDED SEPTEMBER 30,2000 Tourist Tourist Dev. Tourist Tourist Development, Admin. & Development, Development, All Districts, Promotional, District#One, District#Two, Two Cent Two Cent Three Cent Three Cent Revenues: Taxes $ 2,448,773 $ 5,074,339 $ 2,015,607 $ 189,061 Licenses&Permits -- Intergovernmental -- Charges for Services 32,310 66,953 26,596 2,494 Fines&Forfeitures -- -- -- -- Investment Income 204,497 239,485 165,715 17,912 Miscellaneous 829 3,259 -- -- Total Revenues 2,686,409 5,384,036 2,207,918 209,467 Expenditures: Current: General Government -- -- --. -- Public Safety , -- -- -- -- Physical Environment -- -= -- -- Transportation -- -- -- - Economic Environment 2,173,116 4,695,951 2,079,990 134,182 Human Services -- -- _ Culture and Recreation Court Related Debt Service Total Expenditures 2,173,116 4695,951 2,079,990 134,182 Excess of Revenues Over/ (Under)Expenditures 513,293 688,085 127,928 75,285 Other Financing Sources/(Uses): Operating Transfers from Other Funds -- - -- Operating Transfers to Other Funds - -- (27,426) -- Total Other Financing Sources/(Uses) - -- (27,426) -- Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses 513,293, 688,085 100,502 75,285 Fund Balance, October 1, 1999 2,998,858 3,352,211 2,767,248 252,979 Residual Equity Transfer In _ - -- -- -- Residual Equity Transfer Out -- -- -- -- Fund Balance, September 30, 2000 $_ 3,512,151 $_ 4,040,296 $ 2,867,750 $ 328,264 E-11 Tourist Tourist Tourist Development, Development, Development, Governmental Impact Fees, Dist.#Three, Dist,#Four, District#Five, Fund Type Impact Fees, Parks and Three Cent Three Cent Three Cent Grants Roadways Recreation $ 445,684 $ 478,524 $ 632,680 $ 7,173,430 5,880 6,314 8,349 192,905 -- -- 23,504 38,586 60,520 58,843 449,330 48,116 -- __ -- 83,584 295,432 75,190 475,068 523,424 701,549 7,508,762 744,762 123,306 -- -- 183,581 -- -- __ 4,021,789 -- -- _- 2,647,118 -- -_ 261,403 633 - 420,611 439,174 360,405 77,284 -- -- -- -- 2,050,929 -- -- -- - -- 105,661 -- 78,364 157,530 -- -- 420,611 439,174 360,405 9,505,295 633 78,364 54,457 84,250 341,144 (1,996,533) 744,129 44,942 -- -- -- 1,805,798 (94,036) (59,507) -- -- -- -- 1,711,762 (59,507) -- 54,457 84,250 341,144 (284,771) 684;622 44,942 377,427 601,184 831,634 2,500,123 6,943,910 733,656 431,884 $ 685,4.34 $ 1,172,778 $_ 2,215,_352 $ 7,628,532 $ 778,598 E-12 (Continued) MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS —CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Impact Fees, Impact Fees, Impact Fees, Impact Fees, Police Fire and Libraries Solid Waste Facilities EMS " Revenues: Taxes -- Licenses&Permits -- -- -- -- Intergovernmental --. -= -- -- Charges for Services Fines&Forfeitures -- -- -- -- Investment Income 19,720 11;281 34,698 13,546 Miscellaneous 59,661 18,314 41,560 26,311 Total Revenues 79,381 29,595 76,258 39,857 Expenditures: Current: General Government -- -- -- -- Public Safety -- -- 1,809' 105 Physical Environment -- 18,368 -- Transportation -- -- -- -- Economic Environment Human Services -- -- -- -- Culture and Recreation 242 -- -- -- Court Related Debt Service -- -- -- -- Total Expenditures 242 18,368 1,809 105 Excess of Revenues Over/ (Under) Expenditures 79,139 11,227 74,449 39,752 Other Financing Sources/(Uses): . Operating Transfers from Other,Funds -- - --Operating Transfers to Other Funds -- -- -- -- Total Other Financing Sources/(Uses) Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses 79,139 11,227 74,449 395752 Fund Balance, October 1, 1999 276,972 184,255 526,472 200,238 Residual Equity Transfer In Residual Equity Transfer Out -- -- -- -- Fund Balance, September 30,2000 $ 356,1,11 $_ 195,482 $ 600,921 $ 239,990 E-13 Fire &Amb. Translator Upper Keys Unincorp. Unincorp. District#1, System Health Care Fire & Amb. Area Service Area Service Lower and Service Special District#6, District; Dist.,Planning, Middle Keys District Taxing Dist. Key Largo Parks & Rec. Bldg._& Zoning $ 4,769,062 $ 15 $ -- $ 690,577 $ 1,434,275 $ 3,092,718 -- -- -- -- -- 1,580,141' 19,442 -- -- 35,845 3,725,709 352,790 -- -- 9,320 70,743 260,010 72,847 168,396 830 229,864 90,861 97,245 428,460 51125 -- 190 113 30,443 15,282 5,314,815 845 230,054 790,871 1,668,551 9,175,167 200,932 -- -- 30,261 -- 1,869,532 4,413,569 8,332 -- 563,006 -- 2,742,145 -- -- -- -- -- 554,914 -- -- 427,986 -- -- - 997,574 -- 4;614,501 8,332 427,986 593,267 997,574 5,166,591 700,314 (7,487) (197,932) 197,604 670,977 4,008,576 (763,460) (10,409) (22,332) (151,454) (260,179) (1,250,104) (763,460) (10,409) (22,332) (151,454) (260,179) (1,250,104) (63,146) (17,896) (220,264) 46,150 4109798 2,758,472 1,698,882 18,448 3,779,926 579,981 829,436 5,925,658 $ 1,635,736 $ 552 $ 3,559,662 $ 626,131 $ 1,240,234 $ 8,684,130 E-14 (Continued) MONROE COUNTY,FLORIDA . COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Cudjoe 911 Duck Key Local Gardens Enhancement Security Housing Municip.Svc. Fees District Assistance Culy.Dist. Revenues: Taxes -- Licenses &Permits -- -- -- -_ Intergovernmental -- -- 759,080 -- Charges for Services 430,048 Fines &Forfeitures -- -- - - Investment Income 25,733 8,216 66,323 1,209 Miscellaneous -- 69,163 66,283 -- Total Revenues 455,781 77,379 891,686 1,209 Expenditures: Current`: General Government - 2,075 Public Safety 243,424 , 59,804 -- -- Physical Environment -- -- -- 4,000 Transportation Economic Environment -- Human Services -- - - -- Culture and Recreation Court Related -- - -- -- Debt Service - - -- - Total Expenditures 243,424 61,879 755,541 4,000 Excess of Revenues Over/ Expenditures 212,357 15,500 136,145 (2,791) Other Financing Sources/(Uses): Operating Transfers from Other Funds -- -- 94,036 -- Operating Transfers to Other Funds -- -- -- (2,083) Total Other Financing Sources/(Uses) -- 94,036 (2,083) Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses 212,357 15,500 230,181 (4,874) Fund Balance, October 1,1999 316,309 97,003 1,111,436 16,590 Residual Equity Transfer In -- -- -- -- Residual Equity Transfer Out -- - - -- Fund Balance, September 30,2000 $ 528,666 $ 112,503 $ 1,341,617 $ 11,716 E-15 Comprehensive Miscellaneous Florida Plan Sheriff's Boating Special Keys Marina- Environmental Land Impact Improvement Revenue Marathon Restoration Authority Support 8,331 185,010 45,036 -- -- 41799,464 -- -- 8,908 69,601 51,365 11,650 168,701 222,562 -- -- -- -- 24,283 55,157 6,154 1,836 .740,014 -- - 13,961 7,670 -- 85,524 - 209,293 353,755 83,425 53,201 5,636,652, 168,761 3,220,693 -- -- 49,368 -- -- =- 168,701 244,190 -- 15,897 -- 1,249 -- -- - 177,286 -- -- -- -- 45,036 244,190 95,653 193,183 -- 3,220,693 168,701 (34,897) 258,102 (109,758) 53,201 2,415,959 -- -- -- 195,897 20,000 (17,410), __ __ (17,410) -- 195,897 20,000 -- _- (52,307) 258,102 86,139 73,201 2,415,959 -- 474,347 848,612 55,923 ®- 23,368,816 -- - 422,040 $ 11106,714 $ 142,062 73,201 $ 25,784,775 $ -- E-16 (Continued) MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AN CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Sheriff's Federal Sheriffs Sheriff's Asset Sharing Airport Sheriffs Off-Duty Program Services Forfeiture _ Revenues: Taxes $ -_ $ __ $ Licenses &Permits Intergovernmental - -- Charges for Services 4,039 -- 330,488 Fines & Forfeitures -- 111,065 -- 676,786 Investment Income - 1,264,900 -- 5,691 Miscellaneous - - -- 7,805 Total Revenues 4,039 1,375,965 330,488 690,282 Expenditures: Current: General Government -- -- -- Public Safety 4,039 6,959,196 309,979 690,282 Physical Environment -- -- -_ -- Transportation Economic Environment Human Services Culture and Recreation -- -- __ Court Related -_ __ __ __ Debt Service -- -- 20,509 Total Expenditures 4,039 6,959,196 330,488 690,282 Excess of Revenues Over/ (Under)Expenditures -- (5,583,231)- -_ Other Financing Sources/(Uses): Operating Transfers from Other Funds Operating Transfers to Other Funds Total Other Financing Sources/(Uses) Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses -- (5,583,231) -- - Fund Balance, October 1, 1999 -- 25,033,099 Residual Equity Transfer In __ __ Residual Equity Transfer Out -- (3,870,420) -- Fund Balance, September 30,2000 $ -- $ -15,579,448 E-17 Sheriff's Sheriffs Sheriff's Law Shared IDTA Enforcement Asset Grams Trust Forfeiture Total $ -- $ -- - S 54,682,287 - -- - 1,588,472 14,356,582 614,125 - 35,167,429 -_ - _ 4,445,583 2,533,632 __ -- 81,917 6,681,025 __ - 1,605,454 14,356,582 614,125 81,917 106,103,882 -- -- - 5,633,439 14,356,582 614,125 220 40,247,599 -- -_ - 3,484,487 -- -- -- 4,661,001 -- -- - 11,254,416 -- -- - 3,343,878 1,359,127 _- -_ -- 755,073 _® _® 20,509 14,356,582 614,125 220 70,759,529 -- -- 81,697 35,344,353 - - -- 2,145,731 (33,886,252) (31,70,521) 81.,697 3,603,832 -- - -- 11.5,216,059 -- -- 3,870,420 31870,420 __ -- -- (3,870,420) _3,952,117 3 118,819,891_. -18 MONROE COUNTY,FLORIDA,, STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL AFFORDABLE HOUSING PROGRAMS SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Investment Income $ 6,180 $" 8,567 $ 2,387 Miscellaneous 4,125 17,284 13,159 Total Revenues 10,305 25,851 15,546 Expenditures: Current: Economic Environment: Affordable Housing Initiatives 56,180 -- 56,180 Elderly Homeowner Rehabilitation `'20,251 19,868 383 Rental Rehabilitation 26,472 -- 26,472 Total Expenditures: _ 102,903 19,868 83,035 " Excess of Revenues Over/. (Under) Expenditures (92,598) 5,983 98,581 Other Financing Sources/(Uses): Reserve for Contingencies (5,000) -- 5,000 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (97,598) 5,983 103,581 Fund Balance, October 1, 1999 127,570 127,570 -- Fund Balance, September 30, 2000 $ 29,972 $ 133,553 $ 103,581' E-19 MONROE COUNTY, FLORIDA STATEMENT OF REVENUES,EXPENDITURES AN CHANGES IN FUND BALANCE-BUDGET AND ACTUAL FINE AND FORFEITURE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Taxes 32,779,399 31,627,974 (1,151,425) Intergovernmental 30,000 28,570 (1,430) Charges for Services 1,970,000 2,252,745 282,745 Fines and Forfeitures 11400,000 1,450,372 50,372 Investment Income 600,000 1,126,056 526,056 Miscellaneous 780 780 Total Revenues 36,779,399 36,486,497 (292,902) Expenditures: Current: General Government: Tax Increment Payment 126,365 126,365 -- Vehicle Replacement 5,838 -- 5,838 Total General Government 132,203 126,365 5,838 Public Safety: Sheriffs Group Insurance 4,069,382 3,698,709 370,673 LEER Funds 75,000 75,000 -- Jail Operations 126,728 122,759 3,969 Public Works Correction Facilities 1,249,334 1,076,174 173,160 Keys to Recovery Program 68,482 68,482 - Total Public Safety 5,588,926 5,041,124 547,802 Court Related: Sheriff Extradition 76,000 20,371 55,629 Court Reporting Services 53,000 52,976 24 Clinical Evaluations 47,000 36,282 10,718 Court Interpreters 34,000 28,313 5,687 Witness Coordination, 81,800 74,058 7,742 Expert Witness Fees 52,788 52,488 300 Public Defender Conflicts 214,100 192,578 21,522 Other Circuit Court Criminal Costs 35,600 28,834 6,766 Total Court Related 594,288 485,900 108,388 Total Expenditures 6,315,417 5,653,389 662,028 E-20 (Continued) MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL FINE AND FORFEITURE SPECIAL REVENUE FUND-CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable)' Excess of Revenues Over/ (Under) Expenditures 30,463,982 30,833,108 369,126 Other Financing Sources/(Uses): Reserve for Contingencies (852,586) -- 852,586 Operating Transfers to Other Funds (31,472,726) (30,787,431) 685,295 Total Other Financing Sources/(Uses) (32,325,312) (30,787,431) 1,537,881 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (1,861,330) 45,677 1,907,007 Fund Balance, October 1, 1999 14,651,244 14,651,244 - Fund Balance, September 30, 2000 $ 12,789,914_ $ 14,696,921 $ 1,907,007 E-21 MONROE COUNTY,FLORIDA STATE MENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL ROAD AND BRIDGE SPEC AAL REVENUE FUND FOR THE FISCAL YEAR ENDED SE EMBER 30,2000 Variance Favorable Budget Actual (Un6vorable) ..... ....... ............................ Revenues: Taxes $ 1,325,000 $ 1,782,9198 $ 457,998 Intergovernmental 2,725,000 3,425,136 700,136 Charges for Services 17,500 39,623 22,123 Investment Income 500,000 861,880 361,880 Miscellaneous 33,0101) 80,708, 47,70 Total Revenues 4,600,500 6,190,345 1,589,845 Expenditures- Current: Transportation: Road Department 2,917,433 , 2,376,479 540,954 Boot Key Bridge 144,212 108,585 35,627 County Engineer Road and Bridge 691,762 270,847 420,915 Local Option Gas Tax: Street Lighting 276,948 190,341 86,607 Local Option Gas Tax Projects 1,578,880 188,581 1,390,299 80%Gas Tax 5,149,,135 1,207,352 3,941,783 In-House Projects 250,0W, 56,780 193,2220 To Transportation 11,008,370 4,398,965 6,009,405 ..................... Economic Environment: Veteran's Affairs Transportation 124,430 98,2�4, 26,136 Human Services: Guidance Clinic Transport 13,000 12,996 4 Tran,spoilation -Social Services 948,21 850,718 97,493 Total Human Services 961,211 863,714 97,497 Total Expenditures 12,094,01,1 5,360,973 6,733,038 .............. . ....... Excess of Revenues Over/ (Under)Expenditures (7,493,511) 929,3�720,322,13113 Other Financing Sources/(Uses)- Reserve for Contingencies (422,778) mm 22,778 Operating Transfers to Other Funds (601,2 (440,421) 1,60,779 E-22 (f"ontinued) MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL ROAD AND BRIDGE SPECIAL REVENUE FUND®CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Bu#gq__ Actual (Unfavorable) Total Other Financing Sources/(Uses) (1,023,918) (440,421) 583,557 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (8,517,489) 388,951 8,906,440 Fund Balance,October 1, 1999 13,714,673 13,10�4,673 Fund Balance,September 30, 2000 5j 87,1,84 $ 14,p 3", ;4 E-23 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL LAW LIBRARY SPECIAL REVENUE FUND FORT FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Buffet Actual (Unfavorable) Revenues: Charges for Services $ 35,000 43,851 8,851 Investment Income 500 1,680 1,180 Miscellaneous 1,08.1 1108131 Total Revenues 35,500 46,6.14 11,114 Expenditures: Current: Court Related: Judicial Support 71,949 66,607 9,3 42y Excess of Revenues Over/ (Under)Expenditures (40449) (0,993) '20,456 Other Financing Source (Uses): Reserve for Contingencies (2,276) 2,276 (.)perating Transfers from Other Funds 301,(X)O 30,OiW Total Other Financing Sources/(Uses) 27,724 30,000 2"276 Excess of Revenues and Other Sources Over/ (thader)Expenditures and Other Uses (12,725) 10,007 22,732 Fund Balance, October 1, 1999 .1"39 30,1,939 Fund Balance, September 30,2000 18214 $ $ 22 732 E-24 MONROE COUNTY,FLORIDA STATEMENT OF RE VENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL TOURIST DEVELOPMENT,ALL DISTRICTS,TWO CENT SPECIAL, REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Bl*wt Actual (Unfavorable) Revenues: Taxes $ 2,167,331 $ 2,448,773 $ 281,442 Charges for Services -- 32,310 32,310 Investment Income 204,497 204,497 Miscellaneous 829 829 Total Revenues 2,16 7,331 2,686,,409 5,19,078 Expenditures: Current: Economic Environment: Cultural (Jinbrella 624,800 470,809 153,991 Fishing Umbrella 733,800 514,368 219,432 Dive Umbrella 273,000 221,009 51,991 Operations 1,221,880 930,580 291,3(.0 Camstrophic Eniergency 591,173 -- 591,173 Special Projects 186,984, 36,350 150,634 Total Expenditures 31631,637, Excess of Revenues Over/ (Under)Expenditures (1,464,306) 513,293 1,977,599 Fund Balance, October 1, 1999 2,998,858 2,998,858 Fund Balance, September 30, 2000 $ �3,��,2 $ 1,977,59�9 E-25 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE- BUDGET AND ACTUAL TOURIST DEVELOPMENT,ADMINISTRATIVE AND PROMOTIONAL,TWO CENT SPECIAL REVENUE FUND FORT FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Actual (Unfavorable)._.... ............ Revenues: Taxes 4,491,136 $ 5,074,339 $ 583,203 Charges for Services -- 66,953 66,953 Investment Income 239,485 239,485 Miscellaneous 3,254 Total Revenues 4,491,136 5,384,036 892,900, Expenditures: Current: Econotnic Environment: Advertising and Promotion 4,367,425 3,740,250 627,175 Administrative Services 611,027 409,824 201,203 Catastrophic Emergency 541,655 -- 541,655 Special Prqjects 774,294 545,877 228,417' Total Expenditures 6,,294,401 4,695,,951 1,598,450 Excess of Revenues Over/ (Under)Expenditures (1,803,265) 688,085 2,491,350 Fund Balance,October 1, 1999 3,352,21 1 3,352,20 -- Fund Balance,September 30,2000 J 4 1946 4MQ,;220_ $ __,.2,4 E-26 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL TOURIST DEVELOPMENT,DISTRICT#ONE,THREE CENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Taxes 1,801,454 $ 2,015,607 $ 214,153 Charges for Services -- 26,596 26,596 Investment Income 165,715 165,715 Total Revenues 1,801,454 2,207,918 40,0,464 Expenditures: Current: Econornic Environment', TLC Administrative 57,845 42,293 15,552 Tourist Information Services 207,000 207,000 Bricks and Mortar 334,022 211,411 122,611 Special Events 571,321 323,056 248,265 Promotion and Advertising 732,316 723,930 8,386 Beaches 710,000 460,000 250,000 Special ProJects 564,989 112,300 4,52,689 Catastrophic Emergency 3047674- 3W,674 ......... ........- Total Expenditures 3,482116,71 2,079,990 1,402,177 Excess of Revenues Over/ (Under)Expenditures (1,680,713) 127,928 1,808,641 Other Financing Sources/(Uses): Operating Transfers to Other Funds (27,426) (27,426), Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (1,708,139) 100,502 1,808,641 Fund Balance,October 1, 1999 2,767,,248 2,767,248 — Fund Balance,September 30,2000 1.1959409— $ E-27 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE®BUDGET AND ACTUAL TOURIST DEVELOPMENT,DISTRICT#TENO,THREE CENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,20.00 Variance Favorable BuqW Actual (Unftvorable) Revenues: Taxes $ 174,083 $ 199,061. $ 14,979 Charges for Services -- 2,494 2,494 Investment Income -- 17,912 17,912 Total Revenues 174,083 2,09,467 35,384, Expenditures: Current: Economic Environment: TDC Administrative 8,157 3,882 4,275 Tourist,Information Services 54,000 54,000 Bricks and Mortar 105,051 25,897 7'9,154 Special Events 10,000 4,010 5,990 Promotion and Advertising 04,060 4,6,393 17,667 Catastrophic Emergency 27,5 mmm 27,503 SPCCiarl Projects 55010 55,000 M. Total Expenditures 3,23,771, 134, 182 189,589 Excess of Revenues Over/ (Under)Expenditures (149,688) 75,295 224,973 Fund Balance,October 1, 1999 252,979, 252,9791 Fund Balance, September 30,2000 $ 103 291 $ 2 _8 26 4 $. 224,97 E-28 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE®BUDGET AND ACTUAL TOURIST DEVELOPMENT,DISTRICT THREE,THREE CENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Actual (Unfar.rabl,e) Revenues: Taxes $ 387,099 $ 445,,684 $ 58,5-85 Charges for Services 5,880 5,880 Investnient Income 2.1,504 23,504 Total Revenues 475,0168 $7,969' Expenditures, Current: Economic Environment: TDC Administrative 14,992 9,562 5,430 Tourist Information Services 80,000 80,000 Bricks and Mortar 114,316 48,217 66,099 Special Events 7,373 -- 7,373 Promotion and Advertising 219,894 210,674 9,220 Catastrophic Emergency 59,323 ®m 59,323 SpeciaJ.Projects b.74 72J58 62,590,' Total Expenditures 630,646 420,611 2 10,`0 3 5 ...... .... Excess of Revenues Over/ (Under)Expenditures (243,547) 54,457 298,004 Fund Balance,October 1, 1999 377,427 377,427 Fund Balance,Septerniv.r 30,2000 $ 133.1W $ 431,884 $ 298004 ......................... E-29 MONROE COUNTY,FLORIDA , STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE®BUDGET AND ACTUAL TOURIST DEVELOPMENT,DISTRICT WOUR,THREE CENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable RuhActual (Unfavorable) Revenues: Taxes $ 428,814 $ 478,524. $ 49,710 Charges for Services -- 6,314 6,314 Investment Income 38,586 Total Revenues 428,81,4 523,424, 94,610 Expenditures: Current: Economic Fnvironment: TDC Administrative 17,651 9,238 8,413 Tourist Information Services 80,000 80,000 Bricks and Mortar 170,298 41,055 1.29,243 Special,Events 46,171 5,000 41,171 Promotion and Advertising 30.5,619 303,881 1,738 Catastrophic Emergency 123,264 — 123,264 Special,Projects 1519,544 -- 159,544 Total Expenditures 9102,547 439,174 46, 7-3 Excess of Revenues Over/ (Under)Expenditures (473,733) 84,250 557,983 Fund Balance, October 1, 1999 601,184 601,1,84 Fund Balance, September 30,2000 $ $ 685; $ E-30 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL TOURIST DEVELOPMENT,DISTRICT#FIVE,THREE CENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budpt Actual (Unfavorable) Revenues: Taxes $ 537,784 $ 632,680 $ 94,896 Charges for Services -- 8,349 8,349 Investment Income 60,520 60 520 To Revenues 537,784 701,,549 163,765 Expenditures: Current: Econornic EnvironrrienV TDC Adininistrative 19,3.26 12,242 7,084 Tourist Information Services 78,650 78,650 Bricks and Mortar 306,550 24,706 281,844 Special Events 12,357 -- 12,357 Prornotion and Advertising 221,406 1,84,373 37,033 Catastrophic Emergency 93,370 -- 93,370 Special Projects 160,350 60,434 99,916 Total Expenditures 892,009 360,405 53,,1,604 Excess of Revenues Over/ (Ui-ider)Expenditures (354,225) 341,144 695,369 Fund Balance, October 1, 1999 831,634 831,,634 Fund Balance, September 30, 2000 _477,,4,09 $ 121.7208, $ �695,369 E-31 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE® BUDGET AND ACTUAL GOVERNMENTAL FUND TYPE GRANTS SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Bud,get Actual (Unfavorable) Revenues: Intergovenintental $ 14,739,745 $ 7,173,430 $ (7,566,315) Charges for Services 270,972 192,905 (78,067) Investment Income 48,055 58,843 10,788 Miscellaneous 192,011 83,584 (1,08,427) Total Revenues 15,250,783 7,508,762 (7,742,021)1 Expenditures: CurTrnt: General Gov mment: Hurricane Andrew Recovery 183,,601 ' 183,581 20 Total General Govemmentr 183,601 20 Public Safety: Inmate Intervention/Residential.Prograrn 1 97,194 97,194 I"-lazardous Material Plan Update 4,342 4,059 333 FEMA-Hurricane Georges 1,247,193 464,145 783,048 FEMA,-Tropical Storm Mitch 9,600 9,590 10 FEMA-Hurricane Irene Public Assistance 178,348 -- 178,,348 Emergency Management Base Grant 107,617 84,246 23,371 Radiological Emergency Preparedness 121,502 112,758 8,744 State and Local Assistance Agreement 32,,918 29,971 2,947 EMS Award Grant 437,889 199,915 237,974 Local Mitigation Strategy Project 63,200 58,000 5,200 Canal Cleanup 7,436,815 206),911 4,474,,904 Total Public Safety 9,716,668, O�1,7p . .5,,714,879 ... ..... Physical Environment: HQS Onsite Sewage Disposal 1,281,798 821,032 460,766 Sanitary,Wastewater Master Plan 1,044,515 966,388 78,127 Marathon Marina Stu water 1017,C1110 42,351 57,649 Channel Marking Plan 52,000 23,087 28,913 Derelict Vessel Removal Fish and Wildlife 204,0 15 106,206 97,809 SWPP-CM/BR 1999 17,850 4,645 13,205 Stormwater to Master Plan 748,853 159,794 589,059 SWPP Boaters Guide 57,000 -- 57,000 Homeowners Wastewater Assistance 1,950,725 509,975 1,440,750 Sentinel Fisheries Program 31,56 1 13,64 17,9°21 Total Physical Environment 5,488,317 2,647,118 2,84 1,199 E-32 (Continued) MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND A(,,TI.)AI. GOVERNMENTAL FUND TYPE GRANTS SPECIAL REVENUE FUND® CONTINUED FORT FISCAL YEAR ENDED SE EMBER 30,2000 Variance Favorable BudVt Actual (Unfavorable) Transportation: Transportation Study Plan Update 142,021 41,988 1.1.111,033 Overseas Heritage Trail 180,000 178,431 1,569 Bicycle Pedestrian Coordination 71,000 40,984 30,016 Dept Of Transportation Aerolite Bus 54,000 -- 54,0001, ........... 1, .--. - .... : , 1. 1.-.11.11--., 1-11. Total Transportation: 447021 261,40.3 ---1115,61-81. Economic Environment: JTPA Summer Youth Emplymnt&Training 210,680 58,178 152,502 JTPA Liaison 31 018, 19"Iffi 241,698 77,284 Total Economic Environment t64,414 Human Services: Heron Residential Program 44,128 43,564 564 Senior Community Serv, Employment 470,742 261,016 209,726 Title III- Support Services 95,084 77,567 17,517 Nutrition Title III-C 1 252,025 183,079 68,946 Nutrition Title III-C2 318,369 213,233 105,136 Nutrition Title III-D 22,069 21,857 212 Alzheimer's Disease Initiative 119,528 57,973 61,555 Community Care for Disabled Adults 143,924 138,946 4,978 Community Care for the Elderly 1,245,158 776,287 468,871- Home Care for the Elderly 32,653 18,047 14,606 Samuel's House 1 38,688 38,588 100 Teenline 10,000 9,776 224 Sunshine House 111 31,311 31,311 Juvenile C6mmunity Intervention 45,015 45,007 8 Residential Detox 1 30,606 29,409 1,197 Florida Keys You Council 10,0w 1,316 8,684 Low Income Home Energy Prograrn 135,293 103,953 31,330 Total Human Services 3,044,583 2,0150,929 993,654 Culture and Recreation: Gates Center FPR Tech Access, 4.3,374 41,124 2,250 Library Services andTeclinology Grant 75,041 75,041 Sombrero each Restrooms 90,031 64,537 261094 : -- ............... Total Cultural and Recreation 209,04,6 105,,661 103,385 E-33 (Continued) MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL GOVERNMENTAL FUND TYPE GRANTS SPECIAL REVENUE FUND- CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Court Related: Court Reporter Services' 40,146 39,475 671 Juvenile,Drug Court 88,395 88;395 Local Law Enforcement Block Grant 44,518 5,423 39,095 Traffic Infraction Hearing Office 32,251 24,237 8,014 Total Court Related 205,310 157,530 47,780 Total Expenditures 19,556,244 9,505,295 10,050,949 Excess of Revenues Over/(Under)-Expenditures, (4,305,461) (1,996,533) 2,308,928 - Other Financing Sources/(Uses): Reserve for Contingencies (60,954) -- 60,954 Operating Transfers from Other Funds 3,959,629 1,805,798 (2,153,831) Operating Transfers to Other Funds (94,036) (94,036) -- Total Other Financing Sources/(Uses) 3,804,639 1,711,762 (2,092,877) Excess of Revenues and Other Sources Over/(Under)Expenditures and Other Uses (500,822) (284,771) 216,051 Fund Balance, October 1, 1999 2,500,123 2,500,123 -- Fund Balance,,September 30, 2000 $ 1 999,301 $ ____2,215352 $ _216,05I E-34 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL IMPACT FEES - ROADWAYS SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues`: Investment Income $ 188,500 $ 449,330 $ -260,830 Miscellaneous 227,000 295,432 68,432 Total Revenues 415,500 744,762 329,262 Expenditures: Current: Transportation: Fair Share Improvement County Wide 4,287,795 -- 4,287,795 Fair Share Improvement Dist 1 288,252 -- 288,252 Fair Share Improvement Dist 2 1,1,86,370 633 1,185,737 Fair Share Improvement Dist 3 1,345,695 -- 1,345,695 Fair Share Improvement Key Colony Beach 142,262 -- 142,262 Total Expenditures 7,250,374 633 7,249,741 Excess of Revenues Over/ (Under) Expenditures (6,834,874) 744,129 7,579,003 Other Financing Sources/(Uses): Operating Transfers to Other Funds (72,408) (59,507) 12,901 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (6,907,282) 684,622 7,591,904 Fund Balance, October 1, 1999 6,943,910 .6,943,910 -- Fund Balance, September 30,2000 $ _36,628 $ 7,628,532 $ 7,591,904 E-35 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL IMPACT FEES - PARKS AND RECREATION SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Investment Income $ 25,000 $ 48,116 $ 23,116 Miscellaneous 8000 75,190 (4,810) Total Revenues 105,000 123,306 18,306 Expenditures: Current: Culture and Recreation: District 1 Parks and Recreation Project 40,250 -- 40,250 District 2 Parks and Recreation Project 35,150 340 34,810 District 3 Parks and Recreation Project 203,713 -- M3,713 Key Colony Beach Parks and Rec. Project 3,000 -- 3,000 Veterans Park 45,000 -- 45,000 Harry Harris Park 45,000 3,893 41,107 Settler's Park 25,000 3,980 21,020 Coco Plum Beach 70,000 333 69,667 Sombrero Beach 60,000 60,000 Higgs Beach 50,000 9,818 40,182 Wilhelmina Harvey Park 60,000 -- 60,000 Total Expenditures 637,113 78,364 . 558,749 Excess of Revenues Over/ (Under)Expenditures (532,113) 44,942 577,055 Other Financing Sources/(Uses): Operating Transfers to Other Funds (5,637) -- 5,637 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other(Uses) (537,750) 44,942 582,692 Fund Balance, October 1, 1999 733,656 733,656 -- Fund Balance, September 30, 2000 $ 195,906 $ _ 778,598 $ 582,692 E-36 MONROE COUNTY,FLORIDA" STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL' IMPACT FEES -LIBRARIES SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Investment Income` $ 2,000 $ 19,720 $ 17,720 Miscellaneous 90,000 59,661 (30,339) Total Revenues 92,000 79,381 (12,619) Expenditures: Current: Culture and Recreation: County Wide Library Projects 209,929 242 209,687 Excess of Revenues Over/ (Under)Expenditures (117,929) 79,139 197,068 Other Financing Sources/(Uses): Operating Transfers to Other Funds (7,471) -- 7,471 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (125,400) 79,139 204,539 Fund Balance,October 1, 1999 276,972 276,972 -- Fund Balance, September30,2000 $ 151,572 $ 356,111 $ 204,539 E-37 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANCES IN FUND BALANCE m BUDGET AND ACTUAL IMPACT F ®SOLID WASTE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Bopt Actual (Unfavorable) Revenues: Investment Income 3,000 11,281 $ 8,281 Miscellaneous eous 1,5',1 15,31 3,314 Total Revenues 18, 29,595 11,595 Expenditures:, Current: Physical Environment: County Wide Solid Waste R-ojeets 135,777 64 135,713 Hazardous Waste Carvers 34,546 18,304 16,242 SD Accounting System _... � w_......_7,084 7,084 Total �7. . .�tal E ruditures � 177,4��17 15,35 15 ,03..� .....�.�. .... .,._...._... Excess of Revenues Over/ (Under)Expenditures (159,407) 11,227 170,,634 Other Financing Source/(Uses): Operating Transfers to Other Funds (1,627) 1,627 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (1,61,034) 11,227 172,261 , Fund Balance, October 1, 1999 184,255 15 25 ... ...... . .6.M.. ,...... .... _.� �� _ Fund Balance, September 30,2 $m. �.�, 3�ql $ 195482 172,261 -38 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE®BUDGET AND ACTUAL IMPACT FEES -POLICE FACILITIES SPECIAL REVENUE FUND FORT FISCAL YEAR ENDED SE EMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Investment Income 25,000 $ 34,698 9,698 Miscellaneous 40,000 41,560 1,560 Total Revenues 65,0(11) 76,258 11 j258 Expenditures- Current: Public Saf6ty: County Wide Police Facility 581,763 1,809 5791954 Excess of Revenues Over/ (Under)Expenditures (516,763) 74,449 591,212 Other Financing Sources/(Uses): Operating Transfers to Other Funds (3,780), 3,780 ............ Excess of Revenues and Other Sources Over/ (I.hider)Expenditures and Other Uses (520,543) 74,449 594,992 Fund Balance,October 1, 1999 526,472 526,472 Fund Balance,Septeimber 30, 2000 $ 5 6001 9,21 E-39 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL IMPACT FEES-FIRE AND EMS SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable ud Actual (Unfavorable) ............... Revenues: Investment Income $ 6,600 $ 13,546 $ 6,946 Miscellaneous 21JA0 26,311 5�31 11, Total Revenues 27,600 39,857 12,257 Expenditures: Current: Public Safety: District I Fire&EMS Project 18,025 18,025 District 2 Fire&EMS Project 23,800 105 23;695 District 3 Fire&EMS Project 91,550 91,550 Key Colony each Fire&EMS 1,045 1,045 District I Fire Hydriunits 36,000 36,000 District 3 Fire Hydrants 18,000 19,000 Total Expenditures 188,420 105 188,,315 Excess of Revenues'Over/ (Under)Expenditures (160,820) 39,752 200,572 Other Financing Sources/(Uses): Operating Transfers to Other Funds (218(M 2'$06' Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (163,620) 39,752 203,372 Fund Balance,October 1, 1999 21 1,23 -1,-8 Fund Balance,September 30,2000 $ =__._ 36,7611.1 $ 23%9!�� $ E-40 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL FIRE AND AMBULANCE DISTRICT#1-LOWER AND MIDDLE KEYS SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unf4vorable) Revenues: Taxes $ 4,961,438 $ 4,769,062 $ (192,376) Intergovernmental 10,000 19,442 9,442 Charges for Services 470,500 352,790 (117,710) Investment Income 100,000 168,396 68,396 Miscellaneous -- 512.51 5,125 Total Revenues 5,541,938 5,314,815 (227,123) Expenditures: Current: General Government: Tax Collector 162,000 142,847 19,153 Property Appraiser 95A0 58,085 36,915 .......... .......................... Total General 0:wernment 257 000 200,932 56,06(8 Public Safety: Fire Rescue-Central 2,033,785 1,639,776 394,0(..)9 Lower&Middle Keys Ambulance District 2,785,297 2J71,1793, 11,504 Total Public Safety 4,819,082 4,413,569, 405,513 Total Expenditures m5,076,082 4,6114,501 4,61,581 Excess of Revenues Over/ (Under)Expenditures 465,856 700,314 234,458 Other Financing Sources)(Uses): Reserve for Contingencies (124,760) 124,760 Operating Transfers to other Funds (763,460) 540 Total Other Financing Sources/(Uses)- (888,760) (763,460) 125,3001 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (422,904) (63,146) 359,758 Fund Palance,October 1, 1999 1-698,882 1,698,882 Fund Balance, September 30,2000 $ 1,275,978 $ 16— 736 $ 359,75,8 , E-41 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL TRANSLATOR SYSTEM SERVICE DISTRICT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SE EMBER 30,2000 Variance Favorable a t..... ...... Actual (Unfavorable) ..,._w ....... . _. Revenues: Taxes $ 1 1 1 Investment.Income 292 830 538 Total Revenues 293 845 552 Expenditures: Current Public Safety: 8,33-2 8,332 - Excess of Revenues Over/ (Under)Expenditures (8,039) (7,487) 552 Other Financing Sources/(Uses): m� Operating,Transfers toOther Funds _ ..... (10,409) m. (10,409).... Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (18,448) (17,896) 552 Fund Balance,October 1, 1 ,...... 18, 8 18,44.. ......�... __... ._.�. .... .�_,. ..,...... ..... , Fund Balance,September 3CD 2 $ $ 55.2 $ 552 E-42 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL UPPER KEYS HEALTH CARE, SPECIAL TAXING DISTRICT SPECIAL REVENUE FUND FORT FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable BuIdWt Actual (Unfitvorable) Revenues: Investment Income 100,000 229,864, 129,864 Miscellaneous 190 190 .......... Total Revenues 100,000 230,054 1301054 Expenditures: Currenc General Government: Tax Collector Fees 100 100 Human Services: Trauma,District Administration 139,303 118,535 20,768 Trauma Transportation and Treatment 1,248,586 283,691 964,,895 Trauma,Pretransportation 147,879 760 147,119 Trauma Facility,Upgrade 789,757 25,000 763,757 Total Human Set-vices 2,324,525 427,986 1,896,539 Total Expenditures 2,324,625 427,986, 1,,596,639 ......... ... Excess of Revenues Over/ J.Jnder)Expenditures (2,,±24,,625) (197,932) 2,026,693 Other Financing Source (Uses): Reserve for Contingencies (98,043) 98,043 Operating Transfers to Other Funds (22,332) (22,,332) Total Other Funding Sources/(Uses) (120,375) (22,332) Excess,of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (2,345,W0) (220,264) 2,124,736 Fund Balance,October 1. 1999 3,779P26 .32779,92,61 Fund Balance, September 30,2000 $ 14349,26 325!5�9,00; $ ..............2,1�4j, E-43 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,"EXPENDITURES AN CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FIRE AND AMBULANCE DISTRICT#6- KEY LARGO SPECIAL REVENUEFUND FOR THE FISCAL, YEAR ENDED TE E 30,200 Variance Favorable Budget Actual (Unfavorable) Revenues: Taxes $ 711,772 $ 690,577 $ (21,195) Charges for Services -- 9,320 9,320 Investment Income 15,000 90,861 75,861 Miscellaneous -- 113 113 Total Revenues 726,772 790,871 64,099 Expenditures: Current: General Government: Tax Collector Fees 24,000 20,679 3,321 Property Appraiser pees 12,000 9,582 2,418 `Total General Government 36,000 30,261 5,739 Public Safety: Key Largo Ambulance 342,999 303,138 39,861 Ivey Largo Fire I&Rescue 384,979 259,868 125,111 Total Public Safety 727,978 563,006 164,972 Total Expenditures 763,978 593,267 170,711 Excess of Revenues Over/ (Under) Expenditures (37,206) 197,604 234,810 Other Financing Sources/(Uses): Reserve for Contingencies (10,000) -- 10,000, Operating Transfers to Other Funds (151,454) (151,454) - Total Other Funding Sources/(Uses) (161,454) (151,454) 10,000 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (198,660) 46,150 244,810 Fund Balance, October 1, 1099 579,981 579,981 -- Fund Balance, September 30, 2000 $ _ _381,321 $ 626,131 $ 244,810 E-44 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET AND:ACTUAL UNINCORPORATED AREA SERVICE DISTRICT PARKS AND RECREATION, SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Taxes $ 1,488,199 $ 1,434,275 $ (53,924) Intergovernmental -- 35,845 35,845 Charges for Services 25,000 70,743 45,743 Investment Income 30,000 97,245 67,245 Miscellaneous 15,000 30,443 15,443 Total Revenues 1,558,199 1,668,551 110,352 Expenditures: Current: Culture and Recreation: Parks&Beaches Unincorporated 1,338,048 997,5 74 340,474 Vehicle Replacement 7,990 -- 7,990 Total Expenditures 1,346,038 997,574 348,464 Excess of Revenues Over/ (Under)Expenditures ` 212,161 670,977 458,816 Other Financing Sources/(Uses): Reserve for Contingencies (50,000) -- 50,000 Operating Transfers to Other Funds (380,000) (260,179) 119,821 Total Other Financing Sources/(Uses) (430,000) (260,179) 169,821 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (217,839) 410,798 628,637 Fund Balance, October 1, 1999 829,436 829,436 -- Fund Balance,_September 30,2000 $ 611,597 $ 1,240,234 $ 628,637 E-45 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL UNINCORPORATED AREA SERVICE DISTRICT-PLANNING,BUILDING AND ZONING SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000, Variance Favorable Budget Actual (Unfavorable) Revenues: Taxes ' $ 2,918,322 $ 3,092,718 $ 174,396 Licenses and Permits 1,210,000 1,580,141 370,141 Intergovernmental 2,204,000 3,725,709 1,521,709 Charges for Services 156,100 260,010 103,910 Fines and Forfeitures 25,000 72,847 47,847 Investment Income 150,000 428,460 278,460 Miscellaneous 51000 15,282 10,282 Total Revenues 6,668,422 9,175,167 2,506,745 Expenditures: Current: General Government: Tax Collector Fees 150,000 116,175 33,825 Property Appraiser Fees 135,000 94,135 40,865 County Attorney 69,788 67,327 2,461 Planning and Zoning 1,501,933 1,079,212 422,721 ,2010 Comprehensive Plan 571,147 135,205 435,942 Planning Commission 44,603 41,217 3,386 Growth Management 4,07,197, .318,259 88,938 Planning and Building Refunds 18,002 18,002 -- Vehicle Replacement 34,740 -- 34,740 Total General Government 2,932,410 1,869,532 1,062,878 Public Safety: Building,Department 1,702,398 1,306,255 396,143 Code Enforcement 1,235,682 1,012,798 222,884 Fire&Rescue Coordinator 244,200 183,419 60,781 Fire Marshall 268,617 239,673 28,944 Total Public Safety 3,450,897 2,742,145 708,752 Physical Environment: Environmental Resources 421,491 354,392 67,099 Marine Resources 174,863 127,060 47,803 Franchise Fees -Incorporation 73,462 73,462 - Total Physical Environment 669,816 554,914 114,902 Total Expenditures 7,053,123 5,166,591 1,886,532 E-46 (Continued) MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET,AND ACTUAL UNINCORPORATED AREA SERVICE DISTRICT-PLANNING,BUILDING AND ZONING SPECIAL REVENUE FUND- CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable -Budget Actual (Unfavorable) Excess of Revenues Over/ (Under)Expenditures (384,701) 4,008,576 4,393,277 Other Financing Sources/(Uses): Reserve for Contingencies (171,301) -- 171,301 Operating Transfers to Other Funds (1,761,853) (1,250,104) 511,749 Total Other Financing Sources/(Uses) (1,933,154) (1,250,104) 683,050 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (2,317,855) 2,758,472 5,076,327 Fund Balance, October 111999 5,925,658 5,925,658 -- Fund Balance;September 30, 2000 $ 3,607,803 $ 8,684,130 $ 5,076,327 E-47 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AN ,CHANGES IN FUND BALANCE ®BUDGET AND ACTUAL 911 ENHANCEMENT FEES SPECIAL REVENUE FUN FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 0 0 Variance Favorable Budget Actual (Unfavorable) Revenues: Charges for Services 305,349- $ 430,048, 124,699 Investment Income 15,600 25,733 10,733 Total Revenues 320,349 455,781 135,432 Expenditures: Current: Public Safety: 911 Emergency System 541,974 243,424 298,556 Excess of Revenues Over/ (Under) Expenditures (221,625) 212,357 433,982 Fund Balance, October 1, 1999 316,309 316,309 - Fund Balance, September 30, 2000 $ 94,684 $ 528,666 -- -433,982 E-48 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL DUCK KEY SECURITY DISTRICT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable). Revenues: Investment Income $ 2,000 $ 8,216 $ 6,216 Miscellaneous 65,000 69,163 4,163 Total Revenues 67,000 77,379 10,379 ,Expenditures: Current: General Government: Tax Collector Fees 2,300 2,075- 225 Public Safety: Island Security 91,650 59,804 31,846 Total Expenditures 93,950 61,879 32,071 Excess of Revenues Over/ (Under)Expenditures (26,950) 15,500 42,450 Other Financing Sources/(Uses): Res'erve.for Contingencies (9,700) -- 9,700 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (36,650) 15,500 52,150 Fund Balance,October 1 1999 97,003 97,003 -- Fund Balance, September 30,2000 $ _ 60,353 $ 112,563 $ 52,150 E-49 MONROE COUNTY,FLORIDA SCHEDULE OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL LOCAL HOUSING ASSISTANCE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Intergovernmental $ 603,818 $ 759,080 $ 155,262 Investment Income -- 66,323 66,323 Miscellaneous -- 66,283 66,283 Total Revenues 603,818 891,686 287,868 Expenditures: Current: Economic Environment: Home Ownership/Rehab Existing 899,000 568,059 330,941 Home Ownership/Fair Housing 29,646 12,533 17,107 Administration 85,375 74,239 11,136 Rental Rehabilitation 268,735 100,710 168;025 Total Expenditures 1,282,750 755,541 527,209 Excess of Revenues Over/ (Under]Expenditures (678,932) 136,145 815,077 Other Financing Sources/(Uses): Reserve for Contingencies (35,000) -- 35,000 Operating Transfers from Other Funds 94,036 94,036 Total Other Financing Sources/(Uses) (35,000) 94,036 129,036 Excess of Revenues and Other Sources Over/(Under)Expenditures and Other Uses -Budgetary Basis. (713,932) 230,181 944,113 Adjustment for Mortgage Receivables -- (510,378) (510,378) Adjustment for Mortgage Loans Made -- 510,378 510,378 Total Adjustments -_ __ __ Excess of Revenues and Other Sources ,Over/(Under)Expenditures and Other Uses - GAAP Basis (713,932) 230,181 944,113 Fund Balance, October 1, 1999 1,111,436 1,111,436 -- Fund Balance, September 30, 2000 $ 397,504 $ 1,341,617 $ 944,113 E-50 MONROE COUNTY,FLORIDA STATEMENT.OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL CUDJOE GARDENS MUNICIPAL SERVICE CULVERT DISTRICT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Investment Income $ -- $ 1,209 $ 1,209 Total Revenues -- 1,209 1,209 Expenditures: Current: Physical Environment: Cudjoe Gardens Culverts 56,120 4,000 52,120 Excess of Revenues Over/ (Under)Expenditures (56,120) (2,791) , 53,329 Other Financing Sources/(Uses): Operating Transfer to Other Funds: (2,083) (2,083) Excess of Revenues and other Sources Over/(Under)Expenditures and Other Uses (58,203) (4,874) 53,329 Fund Balance,October 1, 1999 16,590 15,590.- Fund Balance, September 30,2000 $ (41,613) $ 11,716 $ 53,329 E-51 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL BOATING IMPROVEMENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues:- Intergovernmental $ 162,000 $ 185,010 23,010 Investment Income 24;283 24,283 Total Revenues 162,000 209,293 47,293 Expenditures: Current: Physical Environment: Channel Marker 4 Tavernier Creek 900 900 Channel Marker#1 Sunset Marina 450 450 Dry Tortugas Derelict Vessel Removal 6,999 6,999 Piling Cap Bulk Purchase 425 425 Derelict Vessels-Marathon 37,985 37,973 12 Boating Improvement 26,242 Marine Debris Removal .22,225 10,252 11,973 Boating Improvement Funds 49,608 39,647 9,961 Derelict Vessels Zone 1 50,0100 48,426 1,574 Derelict Vessels Zone 2 10,016 10,016, Key West Bight Pump Out 50,000 50,000 Tavernier Creek Reg Project 8,925 8,925 Hammer Point 18,250 18,250 Safety Harbor 7,250 7,250 Community Harbor 11-1250 11,250 Key West I I th Street Boat Ramp 44,000 44,000 Miscellaneous Navigational/Reg Repairs 17,066 17,066 Channel Marker Repairs W Tavernier 1,500 1,500 Hammer Point/Comm Harbor 5,940 5,940 Reg Aids Repair/Jolly Roger 4,870 4,870 Shallow Water Markers 3,745 3,745 Shallow Water Markers 4,940 4,940 Emerg. Removal Derelict Vessel 03A3071 2,340 2,340 Emerg. Removal Derelict Vessel 03A2983 2,100 2,100 Emerg. Removal Derelict Vessel 03A3159 750 750 Emerg. Removal Derelict Vessel 03A3209 5,376 51376 Emerg. Removal Derelict Vessel 03A3286 1,000 1,000 Emerg. Removal Derelict Vessel 03A3317 4,200 4,200 Removal Derelict Vessel 03A3166 -1,820 1,820 Removal Derelict Vessel 03A3163 12,988 Removal Derelict Vessel 03A3270 12,988 Removal Derelict Vessel,03A3269, 71, 79, 3318, 2,790 2,790 E-52 (Continued) MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL BOATING IMPROVEMENT SPECIAL REVENUE FUND-CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Physical Environment Continued: Other Uses -Fund 157 28,352 -- 28,352 Bulk Channel Marker/Sign 21,648 -- 21,648 Total Expenditures 478,938 244,190 234,748 Excess of Revenues Over/ (Under)Expenditures (316,938) (34,897) 282,041 Other Financing Sources/(Uses): Operating Transfers to Other Funds (24,963) (17,410) 7,553 Excess of Revenues and Other Sources Over/(Under) Expenditures and Other,Uses (341,901) (52,301) 289,594 Fund Balance, October 1, 1999 474,347 474,347" -- Fund Balance, September 30, 2000 $` 132;446 $ 4221040 $ 289,594 E-53 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,_EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL MISCELLANEOUS.SPECIALREVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable)_ Revenues: Licenses and Permits $ 6,959 $ 8,331 $ 1,372 Intergovernmental 62,881 45,036 (17,845) Charges for Services -- 8,808 8,808 Fines and Forfeitures 170,021 222,562 52,541 Investment Income -- 55,157 55,157 Miscellaneous Revenues- 10,445 13,861 3,416- Total Revenues 250,306 353,755 103,449 Expenditures: Current: Public Safety: Law Enforcement 17,845 17,845 -- Protective Inspections 7,572 1,000 6,572 Emergency Disaster Relief 595,523 30,523 555,000 Total Public Safety 610,940 '49,368 561,572 Economic Environment: Industrial Development Authority 637 -- 637 Human Services:_ Florida Keys Council Handicapped 13,126 1,249 11,877 Culture/Recreation: Wilhelmina Harvey Park 1,035 -- 1,035 Settlers Park Landscaping 9,945 -- 9,945 Bernstein Park 500 -- 500 Total Culture/Recreation 11,480 -- 11,480 Court Related: Alternative Dispute Resolution-Civil 15,000 -- 15,000 Article V Trust Fund 45,036 45,036 -- Total Court Related 60,036 45,036 15,000 Total Expenditures 696,219 95,653 600,566 Excess of Revenues Over/ (Under)Expenditures (445,913) 258,102 704,015 , E-54 (Continued) MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND .CHANGES IN FUND BALANCE BUDGET AND ACTUAL MISCELLANEOUS SPECIAL REVENUE FUND-CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Other Financing Sources/(Uses): Reserve for Contingencies (27;175) - 27,175 Operating Transfers,from Other Funds 473,088 -- (473,088) Total Other Financing Sources/(Uses) 445,913 Excess of Revenues and Other Sources Over/(Under)Expenditures.and Other Uses -- 258,102 258,102 Fund Balance,October 1, 1999 848,612 848,612 -- Fund Balance, September 30, 2000 $ 848,612 $ 1,106,714 $ 258,102 E-55 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL FLORIDA KEYS MARINA-MARATHON SPECIAL REVENUE FUND FOR,THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable), Revenues:' Charges for Services 69,601 $ 69,601 Investment Income 6,154 6,154 Miscellaneous Revenues 7,670 7,670 Total Revenues 83,425 83,425 Expenditures: Current: Physical Environment Pump Out and Dump Station- 23,450 15,897 7,553 Culture/Recreation Marathon Manna Facility 180,000 177,286 2,714 Total Expenditures 203,450 193,183 10,267 Excess of Revenues Over/ (Under)Expenditures (203,450) (109,758) 93,692 Other Financing Sources/(Uses): Operating Transfers from Other Funds 203,450 195,897 (7,553) Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses 86,139 86,139 Fund Balance, October 1, 1999 55,923 55,923 Fund Balance, September 30, 2000 55,923 $ 142,062 86,13 9 E-56 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL ENVIRONMENTAL RESTORATION SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Charges for Services $ 44,000 $ 51,365 $ -7,365 Investment Income -- 1,836 1,836 Total Revenues 44,000 53,201 9,201 Expenditures: Current: _ Culture/Recreation: Settler's Park 44,000 -- 44;000 Excess of Revenues Over/ (Under)Expenditures -- 53,201 53,201 Other Financing Sources/(Uses): Operating Transfers from Other Funds -- 20,000 20,000 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses -- 73,201 13,201 Fund Balance, October 1, 1999 Fund Balance,September 30, 2000 $ -- $ 73,201 $ 73,201_. E-57 MONROE COUNTY,FLORIDA SCHEDULE OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-,BUDGET AND ACTUAL COMPREHENSIVE PLAN LAND AUTHORITY SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable)_ Revenues: Intergovernmental $ 5,250,000 $ 4,799,464 "$ (450,536) Charges for Services 27,000 11,650 (15,350) Investment Income 160,000 740,014 640,014 Miscellaneous -- 94,206 94,206 Total Revenues 5,377,000 5,645,334 268,334 Expenditures: Current: General Government: Administrative 302,280 190,762 111,518 Land and Land Rights Acquisition 13,996,139 3,302,060 10,594,079 Total Expenditures 14,198,419 3,492;822 10,705,597 __ Excess of Revenues Over/ (Under) Expenditures (8,821,419) 2,152,512 10,973,931 Other Financing Sources/(Uses): Reserve for Contingencies (500,000), -- 500,000 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses - Budgetary,Basis (9,321,419) 2,152,512 11,473,931 Adjustments: To Report Expenditures for Land and Mortgage Loans as an Asset 13,896,139 3,272,489 (10,623,650) To Report Contribution of Land as an Expenditure -- (2,915,173) (2,915,173) To Report Cost of Land Sold as an Expenditure - (85,I87) (85,187) To Report Mortgage Repayment as Asset Reduction -- (8,682) (8,682) Total Adjustments 13,896,139 263,447 (13,632,692) Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses- 4,574,720 2,415,959 (2,158,761) GAAP Basis Fund Balance, October 1, 1999 23,368,816 23,368,816 -- Fund Balance, September 30, 2000 $ 27,943,536 $ 25,784,775 $ 2,158,761) E-58 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL SHERIFF'S IMPACT SUPPORT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Charges for Services $ 168,701 $ 168,701 $ -- Expenditures: Current: Public Safety 168,701 168,701 - Excess of Revenues Over/ (Under) Expenditures -- - -- Fund Balance, October 1,,1999 - -- -- Fund Balance, September 30,2000 E-59 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AN CHANGES IN FUND BALANCE-BUDGET AND ACTUAL, SHERIFF'S OFF- UTY SPECIAL REVENUE FUN FOR THE FISCAL, YEAR ENDED SEPTEMBER 30,20 Variance Favorable Budget Actual (Unfavorable) Revenues: Charges for Services $ 4,039 $ 4,039 $ Expenditures: Current: Public Safety 4,Q39 4,039 -- Excess of Revenues Over/ (Under)Expenditures -- -- - Fund Balance, October 1, 1999 Fund Balance, September 30, 2000 E-60 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES"AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL SHERIFF'S FEDERAL ASSET SHARING PROGRAM"SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) _...._ .._..... — __... --- ---- Revenues: Fines and.Forfeitures $ 111,065 ,$ 111,065 $Investment Income 1,264,900 1,264,900 -- Total Revenues 1,375,965 1,375,965 - Expenditures: Current: Public Safety 26,409,064 6,959,196 19,449,868 Excess of Revenues Over/ (,Under)Expenditures (25,033,099) (5,583,231) 19,449,868 Fund Balance,October 1, 1999 25,033,099 25,033,099 -- Residual Equity Transfer Out -- (3,870,420) (3,870,420) Fund Balance,September30,2000 $ -- $ 15,579;448 $ 15,579,448 E-61 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL SHERIFF'S AIRPORT SERVICES SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) -- - Revenues: Charges for Services $' 330,488 $ 330,488 $ =- ,Expenditures: Current: Public Safety 309,979 309,979 -- Debt Service: Principal 19,769 19,769 -- Interest 740 740 -- Total Debt Service 20,509 20,509 -- Total Expenditures 330,488 330,488 -- Excess of Revenues Over/ (Under)Expenditures Fund Balance,October 1, 1999 -- -- __ Fund Balance, September30,2000 E-62 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL SHERIFF'S HIDTA GRANTS SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Intergovernmental $ 14,357,266 $ 14,356,582 $ (684) Expenditures: Current: Public Safety 14,357,266 14,356,582 684 Excess of Revenues Over/ (Under)Expenditures Fund Balance, October 1, 1999 -- -- -- Fund Balance,September30,2000 $ _. $ E-63 DEBT SERVICE FUNDS 199 F1TN IN I P E ENT CAN Sm19�3 To account for accumulation of resources for, and payment of, interest and principal on the long-term debt incurred in the refunding of the 1983 Refunding Improvement Bonds, 1993 REFUNDINGIMPROVEMENT BONDS-1988 To account for accumulation of resources for, and payment of, interest and principal on the long-term debt incurred in the refunding of the 1988 A & B Improvement Bonds. SALES TAX REVENUEAN iJN IN S To account for accumulation of resources for, and payment of, interest and principal on the long-term debt incurred in the building of the new Monroe County Detention Facility. CLERK'S REVENUE NOTE To account for accumulation of resources for, and payment of, interest and principal on the long-term debt incurred for the Clerk's network system. MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL DEBT SERVICE FUNDS SEPTEMBER 30 2000 1993 1993 Sales Tax Refunding" Refunding Revenue & Improvement Improvement Refunding Bonds-1983 Bonds-1988 Bonds ASSETS Assets: Restricted Assets: Cash and Cash Equivalents $ 209,946 $ 575,836 $ 542,149 Total Assets $ 209,946 $ 575,836 $ 542,149 LIABILITIES AND FUND EQUITY Liabilities: Payable from Restricted Assets:; Accrued Interest Payable $ -- $ -- $ 325,294 Fund Equity: Reserved for Debt Service 209,946, 575,836 216,855 Total Liabilities'and Fund Equity $ 209,946 $ _ 575,836 $ , 542,149 F-1 Clerk's Revenue Note Total $ 53,392 $ 1,381,323 53,392 $ 1,381,323 $ __ $ 325,294 53,392 1,056,029- $ 53,392 $ 1,381,323 F-2 MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES ALL DEBT SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 1993 1993 Sales Tax Refunding Refunding Revenue& Improvement Improvement' Refunding Bonds-1983 Bonds-1988 Bonds Revenues: Intergovernmental $ - $ 685,000 $ -- Charges for Services -- -- -- Investment Income 10,569 17,476 17,152 Total Revenues. 10,569 702,476 17,152 Expenditures: Debt Service 1,200 665,679 4,597,533 Excess of Revenues Over/ (Under)Expenditures 9,369 36,797 (4,580,381) Other Financing Sources/(Uses): Operating Transfers from Other Funds -- -- 4,945,000 Excess of Revenues and Other Sources, Over/(Under)Expenditures and Other Uses 9,369 36,797 364,619 Fund Balance, October 1, 1999 200,577 539,039 (147,764) Fund Balance, September 30, 2000 $ 209,946 $ 575,836 $ 216,855 F-3 Clerk's Revenue Note "Total - $ 685,000 60,006 60,000 5,111 50,308 65,111 795,308 236,362 5,500,774 (171,251) (4,705,466) 187,000 5,132,000 15,749 426,534 37,643 629,495 $ 53,392 $ 1,056,029 F-4 MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES-BUDGET AND ACTUAL ALL DEBT SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 1993 Refunding Improvement Bonds - 1983 Variance Favorable Budget Actual (Unfavorable) Revenues: Intergovernmental $ -- $ -- $ - Charges for Services Investment Income 6,000 10,569 4,569 Total Revenues 6,000 10,569 4,569 Expenditures: Debt Service: Principal Retirement -- -- Interest - -- -- Fiscal Charges 6,000 1,200 4,800 Total Expenditures 6,000 1,200 41800 Excess of Revenues Over/ (Under)Expenditures -- 9,369 9,369 Other Financing Sources/(Uses): Reserve for Contingencies -- -- -- Operating Transfers from Other Funds Total Other Financing Sources/(Uses) -- -- -- Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses -- 9,369 9,369 Fund Balance, October 1, 1999 200,577 200,577 -- Fund Balance, September 30,2000 $ 200,577 $ 209,946 $ 9,369 F-5 1993 Refunding Improvement Bonds- 1988 Sales Tax Revenue & Refunding Bonds Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) $ 675,000 $ 685,000 $ 10,000 $ 10,000 17,476 7,476 100,000 17,152 (82,848) 685,000 702,476 17,476 100,000 17,152 (82,848) 420,000 420,000 -- 3,835,000 3,835,000 -- 252,070 243,040 9,030 760,368 760,366 2 68,680 2,639 -66,041 100,000 2,167 97,833 740,750 665,679 75,071 4,695,368 4,597,533 97,835 (55,750) 36,797 92,547 (4,595,368) (4,580,381) 14,987 (100,000), -- 100,000 (115,232) -- 115,232 -- -- -- 4,595,368 4,945,000 349,632 (100,000) -- 100,000 4,480,136 4,945,000 464,864 (155,750) 36,797 192,547 (115,232) 364,619 479,851 539,039 539,039 -- (147,764) (147,764) -- $ 383,289 $ _ 575,836 $ 192,547 :$ (262,996) $ 216,855 $ 479,851 F-6 (Continued) MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES-,BUDGET AND ACTUAL ALL DEBT SERVICE FUNDS -CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Clerk's Revenue Note Variance, Favorable Budget Actual (Unfavorable) Revenues: Intergovernmental $, -- $ -- $ -- Charges for Services 60,000. 60,000 -- Investment Income -- 5,111 5,111 Total Revenues 60,000 65,11 l 5,111 111111111111 Expenditures: Debt Service: Principal Retirement 200,000 200,0100 -- Interest 41,900 31,280 10,620 Fiscal Charges 5,100 5,082 18 Total Expenditures 247,000 236,362 1Q638 Excess of Revenues Over/ (Under)Expenditures (187,000) (171,251) 15,749 Other Financing Sources/(Uses): Reserve for Contingencies -- -- Operating Transfers from Other Funds 187,000111", 187,000 -- Total Other Financing Sources/(Uses) 187,000 187,000 -- Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses - -- 15,749 15,749 Fund Balance, October 1,1999 37,643 37,643 -- Fund Balance, September 30, 2000 $ 37,643 $ - 53,392 $ 15,749 F-7 Total Variance Favorable Budget Actual (Unfavorable) $ 675,000 '$ 685,000 $ 10,000 60,000 60,000 -- 116,000 50,308 (65,692) 851,000 795,308 (55,692) 4,455,000 4,455,000 -- 1,054,338 1,034,686 19,652- 179,780 11,088 168,692 5,689,118 5,500,774 188,344 - (4,838,118) (4,705,466) 132,652 (215,232) -- 215,232 4,782,368 5,132,000 349,632 4,567,136 5,132,000 564,864 (270,982) 426,534 697,516 629,495 629,495 -- $ 358,513 $ 1,056,029 $ 697,516 F-8 THIS PAGE INTENTIONALLY LEFT BLANK CAPITAL PROJECT FUNDS ONE CENT INFRASTRUCTURE SURTAX To account for capital improvements allocated from the One Cent Infra- structure Tax. SALES TAX BOND CAPITAL IMPROVEMENTS To account for capital improvements allocated from,the Sales Tax Bond. CLERK'S REVENUE NOTE To account for the Clerk's-network system from the Florida Local Government Finance Commission Loan. MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL CAPITAL PROJECT FUNDS SEPTEMBER 30,2000 Sales Tax One Cent Bond Clerk's Infrastructure Capital Revenue Surtax Improvements Note Total ASSETS Cash and Cash Equivalents $ 28,719,692 $ 1,377,428 $ 493,890 $ 30,591,010 Accounts Receivable 31 -- -- 31 Due from Other Funds 208 -- -- 208 Due from Other Governmental Units 1,758,480 -- 500 1,758,980 Total Assets $ 30,478,411 $ 1,377,428 $. 404,390." $ 32,350,229- LIABILITIES AND FUND EQUITY Liabilities: Accounts Payable $ 912,434 $ -- $ - $ 912,434 Retainage Payable 9111676 -- -- 911,676 Due to Other Funds 449.,226 -- -- 449,226 Accrued Wages and,Benefits Payable 19,396 -- -- 19,396 Deposits in Escrow, 300 -- -- 300 Other Current Liabilities 225 -- -- 225 Total Liabilities 2,293,257 -- -- 2,293,257 "Fund Equity: Fund Balances Reserved for Encumbrances 70,214 - -- 70,214 Fund Balances, Unreserved 28;114,940 1,377,428 494,390 29,986,758 Total Fund Equity 28,185,154 1,377,428 494,390 30,056,972 Total Liabilities and Fund Equity $ 30,478141`1 $ 1,377,429 $ 494,390 $ 32,350,229 G-1 N OE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES ALL CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Sales Tux One Cent Bond Cleric's Infrastructure Capital Revenue Surtax Improvements Nate Total Revenues: Taxes $ 12,387,681 $ -- $ -- $ 12,387,681 Intergovernmental " 1,942,656 -- -- 1,942,656 Investment Income 1,729,438 62,292 22,896 11814,626 Miscellaneous 9,174 -- 42 9,216 Total Revenues 16,068,949 62,292 22,938 16,154,179 Expenditures: Capital Outlay: General Government 6,031,095 -- - 6,031,095 Public Safety 1,993,682 -- -- 1,993,682 Physical Environment 617 __ __ 617 Transportation 5,410 -- 5,410 Human Services 73,337 -- -- 73,337 Culture and Recreation 2,690,853 -- 2,690,853 Total Expenditures 10,794,994 -- -- 10,794,994 Excess of Revenues Over/ (Under)Expenditures 5,273,955 62,292 22,938 5,359,185 Other Financing Sources/(Uses): Operating Transfers from Other Funds 521,393 -- - 521,393 Operating Transfers to Other Funds (6,229,702) __ (6,229,702) Total Other Financing Sources/(Uses) (5,708,309) - - (5,708,309) Excess of Revenues and Other Sources Over/(Under)Expenditures and Other Uses (434,354) 62,292 221,938 (349,124) Fund Balance, October 1, 1999 28,619,508 1,315,136 471,452 30,406,096 Fund Balance, September 30, 2000 $ 28,185,154_ $ _1,377,428 $ 494,390 $ 30,056,972 G-2 MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL -ALL CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000, Capital Projects, One Cent Infrastructure Surtax Variance Favorable Budget Actual, `,(Unfavorable) Revenues: Taxes, $ 9,000,000 $ 12,3187,681 $ 3,387,681 Intergovernmental 2,000,000 1,942,656 (57,344) Investment Income 750,000 1,729,438 979,438 Miscellaneous, -- 9,174 9,174 Total Revenues 14,750,000 16,068,949 4,318,949 Expenditures:, Capital Outlay: General Government 13,879,000 6,031,095 7,847,905 Public Safety: Old Mariner's Hospital 2,000,000 11943,342 56,658 Detention and Correction - -- -- Fire Facility Projects 835,000 50,340 784,660 Total Public Safety 2,835,000 1,993,682 841,318 Physical Environment 1,535,025 617 1,534,408 Transportation: Construction Mgmt 346,195 5,410 340,785 Human Services 485,000 73,337 4111663 Culture and Recreation 3,819,000 2,690,853 1,128,147 -- - _—. Court Related - -- -- Total Expenditures 22,899,220 10,794,994 12,104,226 Excess of Revenues Over/ (Under)Expenditures (11,149,220) 5,273,955 16,423,175 Other Financing Sources/(Uses): Reserve for Contingencies -- -- -- Operating Transfers from Other Funds 1,176,868 521,393 (655475) Operating Transfers to Other Funds ' - (6,292,461) (6,229,702) 62,759 Total Other Financing Sources/(Uses) (5,115,593) (5,708,309) (592,716) Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (16,264,813) (434,354) 15,830,459 Fund Balance, October 1, 1999 , 28,619,508 28,619,508 -- Fund Balance,September 30,2000 $ 12,354 695 $ 28,185,154 $ 15,830,459 G-3 Capital Projects, Capital Projects Sales Tax Bond Capital Improvements Clerk's Revenue Note Variance Variance Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) 62,292 62,292 -- 22,896 22,896 _- __ -- 42 42 -- 62,292 62,292 - 22,938 22,938 1,143,000 -- 1,143,000 1,143,000 -- 1,143,000 - —__.--- ....... ._....... - - __ __ 471,452 -- 471,45Z 1,143,000 -- 1,143,000 471-,452 - 471,452 (1,143,000) 62,292 1,205,292 (471,452) 22,938 494,390 (127,000) -- 127,000 (127,000) -- 127,000 __ -- _- (1,270,000) 62,292 1,332,292 (471,452) 22,938 494,390 1,315,136 1,315,136 -- 471,452 471,452 -- 45,136 $ _ 1,377,428 $ 1,332,292 $ _ $ 494,390 $ 494,390_ G-4 (Continued) MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL ALL CAPITAL PROJECT FUNDS CONTINUED FOR THE FISCAL YEAR ENDED E E E 30,20 Total Variance Favorable Budget Actual (Unfavorable) Revenues: _ Taxes $ 9,000,000 $ 12,387,681 $ 3,387,681 Intergovernmental 2,000,000 1,942,656 (57,344) Investment Income 750,000 1,814 626 1,064,626 Miscellaneous 9,216 9,216 Total Revenues 11,750,000 16,154,179 4,404,179 Expenditures'., Capital Outlay: General Government 13,879,000 6,031,095 7,847,905 Public Safety: Old Mariner's Hospital 2,000,000 1,943,342 56,658 Detention and Correction 1,143,000 -- 1,143,000 Fire Facility Projects 835,000 50,340 784,660 Total Public Safety 3,978,000 1,993,682' 1,984,318 Physical Environment 1,535,025 617 1,534,408 Transportation: Construction Mgmt 346,195 5,410 340,785 ..__...-- - -- - Human Services 485,000 73,337 411,663 Culture and Recreation 3,819,000 2,690,853 1,128,147 Court Related 471,452 - 471;452 Total Expenditures. 24,513,672 10,794,994 13,718,678 Excess of Revenues Over/ (Under) Expenditures (12,763,672) 5,359,185 18,122,857 Other Financing Sources/(Uses): Reserve for'Contingencies (127,000) - 127,000 Operating Transfers from Other Funds 1,176,868 521,393 (655,475) Operating.Transfers to Other Funds_ (6,292,461) (6,229,702) 62,759 Total Other Financing Sources/(Uses) (5,242,593) (5,708,309) (465,716) Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (18,006,265) (349,124) 17,657,141 Fund Balance, October 1, 1999 30,406,096 30,406,096 - Fund Balance, September 30, 2000 $ 12 399,831 $ 30,056,972 $ 17,657,141 G-5 ENTERPRISE FUNDS MUNICIPAL SERVICE DISTRICT-WASTE To account for the operations of solid waste collection, disposal and recycling activities, as well as the closure and post closure of the landfills. CARD SOUND BRIDGE To account for the operations of Monroe County's Card Sound Toll Bridge. MARATHON AIRPORT To account for the operations of Monroe County's Marathon Airport. KEY WEST AIRPORT To account for the operations of Monroe County's Key West International Airport. MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL ENTERPRISE FUNDS SEPTEMBER 30,2000 Municipal Svc Card : District Sound Marathon Waste Bridge Airport" ASSETS Current Assets: Cash and Cash Equivalents $ 7,939,787 $ 7,180,706 $ 822,968 Accounts Receivable: Delinquent Waste Collection Fees 705,453 -- -- Allowance for Uncollectible Waste Collection Fees (647,135) -- -- Other 461,814 86 14,901 Allowance for Other Uncollectible (57,110) -- -- Due from Other Funds 32,254 2,833 38,546 Due from Other Governmental Units 2,215,977 - 66,595 Total Current Assets 10,651,040 7,183,625 943,010 Restricted Assets: Cash and Cash Equivalents , 3,838,612 -- -- Property, Plant and Equipment (Net of Accumulated Depreciation) 6,413,952 4,278,128 4,869,716 Other Assets: Deferred Charges (Net) 184,302 -- -- Total Assets $ 21,0871906 $ 11,461,753 $ 5,812,726 H-1 Key West Airport Total $ 1,356,007 $ 17,299,468 -- 705,453 -- (647,135) 239,676 716,477 -- (57,110) 212,238 285,871 929,321 3,211,893 2,737,242 21,514,917 2,611,349 6,449,961 8,289,704 23,851,500 -- 184,302 $ 13,638,295 $ 52,000,680 H-2 (Continued) MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET CONTINUED ALL ENTERPRISE FUNDS SEPTEMBER 30,2000 Municipal Svc Card District Sound Marathon Waste Bridge Airport LIABILITIES AND FUND EQUITY Current Liabilities: Accounts Payable $ 1,558,736 $ 6,987 $ 8,205 Retainage Payable -- _- -- Claims and Judgements Payable 216,589 -_ Due to Other Funds 554,793 76,444 50,967 Due to Other Governmental Units 506 970 5,456 Accrued Comp. Absences Payable - 3,6318 ` 2,810 Accrued Wages and Benefits Payable 31,694 19,704 101129 Deposits in Escrow 96,985` -- 6306 Deferred Revenues -- -- Capital Leases Payable 186,061` -- -- Other Current Liabilities 42 -- -- Total Current Liabilities 2,645,406 107,743 83,873 Current Liabilities Payable from Restricted Assets: Accrued Interest Payable 234,190 -- - Revenue Bonds Payable 425,000 -- Landfill Closure/Post Closure Costs 348,262 -- - Due to Other Funds 14,488 -- -- Total Current Liabilities Payable from Restricted Assets 1,021,940 -- -- Long-Term Liabilities: Accrued Comp. Absences Payable 92,051 341327 24,891 Capital Leases Payable 1,117,270 -- -- Revenue Bonds Payable 6,595,000 Total Long-Term Liabilities 7,804,321 34,327 24,891 Total Liabilities 11,471,667 142,070 108,764 Fund Equity: Contributed Capital 3,322,448 2,514,741 4,258,590 Retained Earnings: Reserved for Revenue Bond Retirement 1,860,322 -- -- Unreserved 4,433,469 . 8804,942 1,445,372 Total Retained Earnings 6,293,791 8,904,942 1,445,372 Total Fund Equity 9,616,230 11,319,683 5,703,962 .' Total Liabilities and Fund Equity $ 21,087,906 $ 1,1,461,753 $ 5,812,726 H-3 Key West Airport Total $ -393,067 $ 1,966,995 149,711 149,711 -- 216,589 179,503 861,707 13,309 20,241 12,111 18,559 39,728 101,255 12,267 115,558 86,624 86,624 - 186,061 -- 42 886,320 3,723,342 -- 234,190 425,000 - 348,262 -- 14,488 1,021,940 113,772 265,041 -- 11117,270 -- 6,595,000 113,772 7,977,311 1,000,092 12,122,593 7,617,362 17,7.13,141 -- 1,860,322 5,020,841 19,704,624 5;020,841 21,564,946 12,638,203 39,278,087 $ 13,639,295 $ 52,000,680 14-4 MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENSES AND CHANGES IN FUND EQUITY ALL ENTERPRISE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Municipal Svc Card District Sound Marathon Waste Bridge Airport Operating Revenues: Franchise Fees $ 197,988 $ -- $ -- Tolls -- 1,204,217 -- Charges for Services 12,832,011 1,200 419,555 Fines and Forfeitures -- -- -- Miscellaneous 22,055 34 582 Total Operating Revenues' 13,052,054 1,205,451 420,137 Operating Expenses: Personal Services 719,657 399,921 229,401 Operations 11,269,974 183,864 506,134 Landfill Closure and Post Closure 771,222 -- -- Depreciation and Amortization 842,261 167,921 148,969 Total Operating Expenses 13,603,120 751,706 884,504 Operating Income(Loss) (551,066) 453,745 (464,367) Non-Operating Revenues (Expenses): Operating Grants 908,341 -- 70,164 . Investment Income 624,466 412,201 39,648 Interest Expenses and Fiscal Charges (559,404) -- -- Gain/(Loss)on Disposition of Fixed Assets 63,876 (1,136) 73,121 Total Non-Operating Revenues (Expenses) 1,037,279 411,065 191,933 Income (Loss) Before Operating Transfers 486,213 864,810 (272,434) Operating Transfers: Operating Transfers from Other Funds 924,770 -- 19,594 Operating Transfers to Other Funds (1,427,036) (76,228) (50493) Total Operating Transfers (502,266) (76,228) (30,899) Net Income (Loss) (16,053) 788,582 (303,333) Fund Equity- October 1, 1999 9,630,792 10,531,101 6,004,768 Contributed Capital 1,500 -- 2,527 Fund Equity - September 30, 2000 $ 9,616,239 $ 11,319,683 $ 51703,962 H-5 Key West Airport Total 197,988 -- 1,204,217 2,591,145 15,843,911 8,161 8,161 23,227 45,898' 2,622,533 17,300,175 913,480 2,262,459 1,836,359 13,796,331 771,222 2M,597 '1,395,754 2,986,436 18,225,766 (363,903) (925,591) 651,930 1,639,435 234,359 1,310,674 (559,404) (15,141) 120,720 ............... 871,148 2,511,425 507,245 1,585,834 208,248 1,152,612 (677,336) (2,231,093) (469,088) (1,078,481) 38;157 507,353, 11,914"294 38,080,955 685,752 689,779 ------------............ 12,638,203 H-6 MONROE COUNTY,FLORIDA COMBINING STATEMENT OF CASH FLOWS ALL ENTERPRISE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 INCREASE (DECREASE)IN CASH AND CASH EQUIVALENTS Municipal Svc Card District Sound Marathon Waste Bridge Airport Cash flows from operating activities: Cash received for services $ 13,173,526 $ 1,203,532 $ 422,337 Cash payments to suppliers for goods and services (15,7011374) (178,472) (639,972) Cash payments to employees for services (782,438) (395,805) (227,220) Other operating revenue 221055 34 582 Net cash provided(used)by operating activities (3,288,231) 629,289 (444,273)' Cash flows from noncapital financing activities: Operating grants received 6,650,011 -- 136,801 . Operating transfers from other funds 924,770 -- 88,635 Operating transfers to other funds (1,427,036) (76,228) (42,033) Net cash provided(used)by noncapital financing activities 6,147,745 (76,228) 183,403 Cash flows from capital and related financing activities: Proceeds from capitalgrants -- -- 88 Acquisition and construction of capital assets (4,401) (32,394) (9,952) Principal paid on capital debt (580,252) -- -- Interest paid on capital debt (571,858) -- -- Proceeds from the sale of fixed assets 178,674 -- -- Net cash provided (used) by capital and related financing activities (977,837) (32,394) (9,864) Cash flows from investing activities: Investment income 624,466 412,201 39,648 Net cash provided by investing activities 624,466 412,201 39,648 Net increase (decrease)in cash and cash equivalents 2,506 1413 932,868 (231,086) Cash and cash equivalents at beginning of year 9,272,256 6,247,838 1,054,054 Cash and cash equivalents at end of year $ 11 778,399 $ 7,180,706 $ 822,968 H-7 Key West Airport Total $ 3,218,373 $ 18,017,768 (2,215,167) (18,734,985) (897,319) (2,302,782) 31,388 54,059 137,275 (2,965,940) 429,466 7,216,278 384,782 1,398,187 (658,468) (2,203,765) 155,780 6,410,700 1,407,111 1,407,199 (743,031) (789,778) -- (580,252) -- (571,858) - 178,674 664,080 (356,015) . 234,359 1,310,674 234,359 1,310,674 1,191,494 4,399,419 2,775,862 19,350,010 3,967,356 $ 23,749,429 H-8 (Continued) MONROE COUNTY,FLORIDA COMBINING,STATEMENT OF CASH FLOWS ALL ENTERPRISE FUNDS- CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 RECONCILIATION OF OPERATING INCOME(LOSS)TO NET CASH PROVIDED (USED)BY OPERATING ACTIVITIES Municipal Svc Card. District Sound Marathon_ WasteBridge Airport Operating income(loss) $ (551,066) $ 453,745, $ (464,367) Adjustments to reconcile operating income to net cash provided(used) by operating activities: Depreciation and amortization 842,267, 167,921 148,969 Change in assets,and liabilities: Decrease/(Increase)in: Accounts receivable (20,729) (86) 3,458 Due from other funds 128,148 (1,799) -- Due from other governmental units (3,500) -- (676) (Decrease)/Increase in: Accounts payable (3,710,278) 4,825 (105,651) Retainage payable -- -- (28,059) Claims and judgements payable (19). -- -- Due to other funds 26,393 444 -- Due to other governmental units (1,068) 123 (126) Accrued compensated absences (50,90.1) 3,638 2,810 Accrued wages and benefits payable (11,880) 478 (629) Deposits in escrow 395608 -- Other current liabilities 24 -- (2) Landfill closure/post closure costs 24,770 -- -- Total adjustments (2,737,165) 175,544 20,094. Net cash provided(used)by operating activities. $_ (3,288,231) $ 629,289 $ (444,273) SUPPLEMENTAL SCHEDULE OF NON-CASH FINANCING, CAPITAL AND INVESTING ACTIVITIES Contributed fixed assets $ 1,500 $ -- $- 2,527 Gain/(Loss) on disposition of fixed assets $ (114,798) $ (1,136) $ 73,121 H-9 Key West Airport Total $ (363,903) $ (925,591) 236,597 1,395,754 1,563 (15,794) 626,375 752,724 (410) (4,586) (282,492) (4,093,596) 3,803 (24,256) -- (19) 53,013 79,850 (151,103) (152,174) 12,111 (32,342) 4,050 (7,981) (300) 39,308 (2,029) (2,007) -- 24,770 501,178 (2,040,349) $ .__ 137,275 $ _(2,965,940) $ 685,752 $ 689,779 (57,954) H-10 MONROE COUNTY,FLORIDA SCHEDULE OF EXPENDITURES BUDGET AND ACTUAL MUNICIPAL SERVICES DISTRICT WASTE ENTERPRISE FUND FOR THE YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual_ (Unfavorable) Operating Expenditures: Administration $ 453,524 $ 339,614 $ 113,910 Franchise Operations 4,189,902 4,173,402 16,500 Facility Operations 150,000 48,662 101,338 Cudjoe Key Transfer Station 2,239,099 2,107,917 41,182 Cudjoe Key Landfill 252,310 252,023 287 Cudjoe Key Post Closure 28,143 24,912 3,231 Cudjoe Key Lined Post Closure 871,453 -- 871,453 Long Key Transfer Station 21094,300 2,087,558 6,742 Long Key Landfill 235,344 235,344 -- Long Key Post Closure 91,267, 53,119 38,148 Key Largo Transfer Station 2,294,066 2,221,224 72,842 Key Largo Landfill 208,157 179,542 28,615 Key Largo Post Closure 30,272 24,331 5,941 Pollution Control 587,350 411,282 176,068 Recycling 404,806 278,599 126,207 Renewal and Replacement 1,845,933 -- 1,845,933 Total Operating Expenditures 15,975,926 12,527,529 3,448,397 Non-Operating Expenditures: Operating Grants: Hurricane Irene Debris Removal 377,624 -- 377,624 Recycling Grant - 39,751 39,751 -- DEP Recycling Grant 127,034 127,034 -- Litter&Marine Debris Prevention Grant 17,500 17,490 10, Small Counties Recycling, 50,000 50,000 -- Debt Service: Principal Retirement 587,821 580,252 7,569" Interest Expenses and Fiscal Charges 598,121 559,404 38,717 Capital Outlay 277,750 1,950 275,800 Total Non-Operating Expenditures 2,075,601 1,375,881 699,720 Operating Transfers and Reserves: Reserve for Contingencies 686,471 -- 686,471 Operating Transfers to Other Funds 1,442,036 1,427,036 15,000 P g -- Total Operating Transfers and Reserves 2,128,507 1,427,036 701,471 Total Expenditures $ 20,180,034" $ 15,330,446 $ 4,849,588 " H-11 MONROE COUNTY,FLORIDA SCHEDULE OF EXPENDITURES -BUDGET AND ACTUAL CARD SOUND BRIDGE ENTERPRISE FUND FOR THE YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable)- Operating Expenditures: Card Sound Road&Toll,Bridge $ 2,928,961 $ 580,075 $ 2,348,886 County Engineer 84,917 3,710 81,207 Card Sound Bridge 555,438 -- 555,438 Total Operating Expenditures -3,569,316 583,785 2,985,531 Non,Operating Expenditures: Capital Outlay 39,903 32,394 7,509 Operating Transfers and Reserves: Reserve for Contingencies 330,781 -- 330,781 Operating Transfers to Other Funds 100,000 76,228 23,772 Total Operating Transfers and.Reserves 430,781 76,228 354,553 Total Expenditures $ 4,040,000 $ 692,407 $ 3,347,593 H-12 MONROE COUNTY,FLORIDA SCHEDULE OF.EXPENDITURES BUDGET AND ACTUAL MARATHON AIRPORT ENTERPRISE FUND FOR THE YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Operating Expenditures: Operation &Maintenance $ 651,837 $, 579,119 $ 72,718 Non-Operating Expenditures: Operating Grants: Airport Planning Studies '40 -- 40 Airport Part 150 Noise Study 150,000 -- 150,000 Taxiway 1,513 -- 1,513 Taxiway Construction 628,759, -- 628,759 Beacon&Tower Rehabilitation 41,243 36,982 4,261 Shade Hangars 136,653 -- 136,653 Construction Service/Access Road 181,500 -- 181,500 _ Environmental Mitigation 616 -- 616. Planning Studies II ' 145,139 113,934 31,205 Taxiway Lite Construction 16,118 -- 16,118 Environmental Mitigation Construction " 23,908 -- 23,908 General Aviation Parking Apron 109,508 5,500 104,008 Capital Outlay 754,605 9,951 744,654 Total Non-Operating Expenditures 2,189,602 166,367 2,023,235 Operating Transfers and Reserves: Reserve for Contingencies 123,888 -- 123,888 Operating Transfers to Other Funds 50,493 50,493 -- Total"Operating Transfers and Reserves 174,381 50,493 123,898 Total Expenditures $ 3,015,820 $ 795,979' .$ 2,219,841 H-13 MONROE COUNTY,FLORIDA SCHEDULE OF EXPENDITURES-BUDGET AND ACTUAL KEY WEST AIRPORT ENTERPRISE FUND FOR THE YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Operating Expenditures: Operation&Maintenance $ 1,963,452, $ 1,906,694 $ 56,758 Non-Operating Expenditures: Operating Grants:' Hurricane Georges 209,338 96,280 113,058 Airport Planning Studies 143,480 54,688 88,792 Parking Expansion 324,095 -- 324,095 Commercial Apron Ph I 116,421 112,334 4,087 General Aviation Apron Ph 1 '57 387 55,329 2,058 Part 150 Noise Study 16,185 16,185 -- East Martello Environmental Enhancement 44,655 1,800 42,855 Overlay General Aviation Parking 1,417,777 51,624 1,366,153 Remote Auto Parking Lot 375,000, -- 375,000 Expand Parking Lot 495,086 36,962 458,124 Radar Design 50,000 -- 50,000 Runway/Taxi Rehabilitation 148,208 9,546 138,662 Sewer Line Road 23,786 -- 23,786 Environmental Mitigation 1,290 -- 1,290 Airport Planning Studies 11 59,925 -- 59,925 Runway/Taxi Lite 20,480 -- 20,480 Environmental Mitigation Construction 18,614 833 17,781 Sewer Line Road Construction 220,900 207,350 13,550 Commercial Apron Construction II 277,162 53,513 223,649 General Aviation Apron Construction II 212,902 53,513 159,389 Part 150Implementation 566,626 82,331 484,295 Key West Taxiway Resurf Construction 843,583 .477 843,106 Commercial Aviation Apron Construction 1,201,680 477 1,201,203 General Aviation Apron Construction 983,340 .477 982,863 Runway Safety Area Study 49,000 6,341 42,659 Capital Outlay 2,476,625 746,116 1,730,509 Total Non-Operating Expenditures 10,353,545 1,586,176 8,767,369 Operating Transfers and Reserves: Reserve for Contingencies 177,896 -- 177,896 Operating Transfers to Other Funds 722,590 677,336 45,254 Total Operating Transfers and Reserves 900,486 677,336 223,150 Total Expenditures $ 13,217,483 $ 4,170,206 $ 9,047,277 H-14 MONROE COUNTY,FLORIDA REVENUE BOND ISSUE DESCRIPTION SEPTEMBER 30,2000 MSD Refunding Bonds Series 1991 Original authorization $11,000,000 Unissued 1,430,000 Issued 9,570,000 Retirements through September 30, 2000 2550,000 Balance outstanding _ September 30,2000 $7,020,000 Date of issue April 1, 1991 Maturity range'' 1992-Z011 Principal payment date October 1 Interest payment dates April October ; Denominations- $5,000 Interest rates: 6.30%Maturities 2000 6:40%Maturities 2001 6.50% Maturities 2002 6.60% Maturities 2003 6.75% Maturities 2011 Average interest cost rate 6.44% Call feature 1999 102 2000 101 2001-2011 100 Paying agent Citizens and Southern Trust Co. N.A. Ft.Lauderdale, Florida H-15 MONROE COUNTY,FLORIDA SCHEDULE OF DEBT SERVICE REQUIREMENTS SEPTEMBER 30,2000 MSD Refunding Improvement Bonds-Series 1991 Bond Year Ending Total October I Principal Interest Debt Service 2000 $ 425,000 $ 468,380 $ 893,380 2001 455,000 441,605 896,605 2002 480,000 4121485 892,485 2003 510,000 381,2185 891,285 2004 540,000 347,625 887,625 2005 580,000 311,175 891,175 2006 615,000 272,025 887,025. 2007 650,000 230,512 880,512 2008 690,000 186,638 876,638 2009 735,000 140,062 875,062 2010 640,000 90,450 730,450 2011 700,000 47,250 747,250 $ 7,020,000 $ 3,329,492 $ 10,349,492 H-16- THIS PAGE INTENTIONALLY LEFT BLANK INTERNAL SERVICE FUNDS WORKER'S COMPENSATIQN To account for departmental and agency revenues used for the pu. -use of flinanein _the Count 's worker's compensation program,, GRQ U IN URANC E To account for depaitmental and agency revenues used for the purpose of financing the Coummt 's group insurance program, RISK ANAL ENS" To account for the County's safety and lass control program, risk management, administration and uninsured losses. FLEET'MANAGEMENT To account for the C"ount "s operatioris of the vehicle fleet and maintenance program, l a MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL INTERNAL SERVICE FUNDS SEPTEMBER 3 ,2000 Worker's Group Risk Compensation Insurance Management Fund Fund Fund ASSETS Current Assets: Cash and Cash Equivalents 3,109,584 4,611, 35 2,791,304 Accounts Receivable 100 1.35,285 Due from Other Funds 193 Due from Other Gone. mental Units 5,256 1041,27 -� Taal Current Assets 3,114,940 4, 51,390 2,791,49... Property,Plant and Equipment (Net,Where Applicable, ,11 . . : of Accumulated lip°)rer�•iatican� 6,821 34,5377.�� . ..... .... . .... ...... ....., � ar..... ........ . . �.... „..,... Total Assets $ . _ 3121, ,� 1.... $ _ ..... _..�� 1. . $ _,....... 2826034, . ... LIABILITIES AND FUND EQU. "V Current Liabilities: Accounts Payable $ 113,934 $ 241,913 $ 24,753 Claims and Judgements Payable 1,594,391, 1,519,770 Due to Other Funds 76 232,936 Due to Other Governmental Units 43,126 m® 1 Accrued Compensated Absences 667 5 1,657 Accrued Wages and Benefits Payable 6,355 8,076 6,491 Deferred Revenues 565,940 Other Current Liabilities 2,276 Total Current Liabilities 1,760,525 : ,C 3,559 2,351,56�5 Lang-Terra Liabilities.. Accrued Compensated Absences 1 6,,446 19,824 10,539 Total Liabilities 1,777,27:1 3,023,413 2362,104, Fund Equity. Contributed Capital 621 3,334 73 Retained Earnings, Unreserved 1,343, 09 1,826,672 463,857 Total Fund Equity 1,344,490 1,&30,006 463,930 Total Liabilities and Fund Ege,i ty $ _...... .... ,l 1,76. : $ ... ., . ...4,8 41 ... $ .w_.._ 2, 26 03� ::. r H-17 Fleet Management Fund Total 94,406 $ 11,5 7,129 2,914 13 ,299 -- 193 1 '7,6u 1.,.;. Q17,1 7.._. 1,194,981 11,952,808 1,840, 15 1, 4,202 $ _ ... 3„1115,796 _.. 1 , 3",9),0 74,413 455,013 5,1162, 4 323,869 556,881. 12 43,156 �w. 2,32 35,624 56,546 -W 565,„940 ®� 7,190 _...... . 433,918 7,549,8.97..., 1,366 9 ,175 485,2 7,6411,072 2,673,500 2, 77,52 (122,988) 3,5U,410 2, 5 ,5.12 6,1 ,,93 H-18 MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENSES AND CHANGES IN FUND EQUITY ALL INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Worker's Group Risk Compensation Insurance Management Fund Fund Fund Operating Revenues: Char es for Services $ 2,373,125 $ 8,886,926 $ 1,513,161 Miscellaneous 105,700 S 16,50.1 279,4,74 Total Operating Revenues 2,478,825 9,403,431 1,,792,,635 Operating Expenses: Personal Services 133,517 141,257 157,742 Operations 345,540 1,149,521 869,113 Depreciation 1,876 2,295 5,736 Asserted and Paid Claims 1,991,27,3 9,1612,27 1 241,742 Total Operating Expenses 2 472 200 10,455,34.4 1,274,1 33 Operating Income (Loss) 6,6119 (1,-051,913) 51$,302 Non-Operating Revenues(Expenses): Investment Income 130,127 286,891 175,180 Gain/(Loss)on Disposition of Assets (926) (2,522) Total Non-Operating Revenues(Expenses) 129,727 285,965 172,658 Income(Loss) Before Operating Transfers 136,346 (765,948) 690,960 Operating Transfers: Operating Transfers to Other Funds (202,936) Net Income(I loss) 136,346 (765,948) 458,024 Fund Equity'-October 1, 1999 1,208,144 2,595,954 5,906 Contributed Capital Fund Equity - September 30,2000 11344 90 1,8. $ 463, .01 H-19 Fleet Management Fund Total $ 2,21.9,960 $ 14,993,172 150 901,829 2,22f ,110 15,' 95,001, 775,041 1,207,557 1,07;52 3,451,756 105,713 115,620 -- 11,595,296 1,969,336 1.6,170,219 . 251,774 (275,218) 3 ,097 626,295 (25,659 (259,517 .... (221,562) 366,71 ... 30,2.12 9'1,57 32356) (556,504) (293,356) (464,934) 2,843,118 6,653,122 750 750 ® a MONROE COUNTY,FLORIDA COMBINING STATEMENT OF CASH FLOWS ALL INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 INCREASE(DECREASE)IN CASH AND CASH EQUIVALENTS Worker's Group Risk Compensation Insurance Management Fund Fund Fund Cash flows from operating activities: Cash received for services $ 2,374,07'3 $ 8,736,223 $ 650,771 Cash payments to suppliers for goods and services (1,600,437) (9,682,100) (1,060,391) Cash payments to employees for services (1132,399) (1391,375) (156,813) Other operating revenue 105,700 516,505 46,532 Net cash provided (used)by operating activities 746,937 (568,747) (519,,901) Cash flows ftom-noncapital financing activities- Operating transfers to other funds (232,936) Cash flows from capital and related financing activities: Acquisition of fixed assets (7,513) (25,549) Proceeds from the sale of fixed assets Net cash used by capital and related-financing activities 3) (25,,549) Cash flows from investing activities: Investmei-it income 130,127 286,891 175,1801 Net increase(decrease) in cash and cash equivalents 869,551 (281,856) (603,206) Cash and cash equivalents at beginning of year 2,240,033 4,,893,691 3,394,510 Cash and cash equivalents at end of year $ 3,,109,584 $ ,fr11,835 $ '7 791304, ® 1 Fleet Management Fund Total 2,2 ,694 14,1 9,761 (75 ,745) (13,102,613) (780,075) (1,20 ,662) 10 66 , 7 ( 2 , �6 ) (556,504) (13,579) (46,641) 1 , 404 75 . ...'.. ( ,27 . 626,295 459,378 443,867 5?iO28 11,063,262 H-22 (Continued) MONROE COUNTY,FLORIDA COMBINING STATEMENT OF CASH FLOWS ALL INTERNAL SERVICE FUNDS-CONTINUED FOR THE FISCAL YEAR ENDED SE EMBER 30,2000 RECONCILIATION OF OPERATING INCOME(LOSS)TO NET CASH PROVIDED(USED)BY OPERATING ACTIVITIES Worker's Group Risk Compensation Insurance Management Fund Fund Fund Operating income(loss) $ 6,619 $ (1,06 1,913) $ 518,3012, Adjustments to reconcile operating incorne(loss)to net cash provided(used) by operating activities: Depreciation 1,876 2,295 5,736 Change in assets and liabilities: Decrease/(Increase) in: Accounts receivable (100) (64,977) 1 Due from other funds 548 84 (192) Due from other governmental units 500 (85,810) (Decrease)/Increase in: Accounts payable 40,,830 144,249 8,916 Claims and judgements payable 691,551 481,745 42,580 Due to other funds 76 (862,199) Due to other governmental units 4,546 Accrued comp° absences payable 667 5 1,658 Accrued wages and benefits payable 451 1,876 (729) Deferred revenues (232,942) Other current liabilities J,6271) 311692- Total adjustments 740,3 18 483,,166 (1,�)38,205) Net cash provided(used)by operating activities $ 746,937 019'90D SUPPLEMENTAL SCHEDULE OF NON-CASH FINANCING CAPITAL AND INVESTING ACTIVITIES Contributed fixed assets $ $ Loss on disposition of fixed assets 400 $ 926 $ 2,522 H-23 iw Fleet Management Fund Total .. 2 1:,774 (2'75r21$,) 105713 115,620 (2,914) (67,990) 233,937 234,377 (162„289) (247,599) 4,270 198,265 ®_ 1,215,876 223,661. (538,462) (94) 4,452 (1,47 ) 852 (3,556) (1,958) _- (232,942) u11 497' 682,531 $ 750 $ 750 $ 269,063 $ 272,9?11 H-24 MONROE COUNTY,FLORIDA SCHEDULE OF EXPENDITURES-BUDGET AND ACTUAL WORKER'S COMPENSATION INTERNAL SERVICE FUND FOR THE YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Actual (Unfavorable) Operating Expenditures. Administrative $ 124,779 $ 119,831 $ 4,948 Olwations 323,800 3239161 639 Safety &Loss Control 36,270 36,065 205 Claims 1,318,765 1,299,722 19,043 Asserted Claims 1,073,752 691,551 382,201 Catastrophic 200,000 200,0110 Total Operating Expenditures 3,077,366 2,4701,330 607,036 ........... t Non-Operating Expenditures: Capital Outlay 819,47 7,513 1,434 Operating Transfers and Reserves., Reserve for Contingencies 225,604 Total Expenditures $ 3 3 H 91"1 $ $ 834 074 ................ H-25 MONROE COUNTY,FLORIDA SCHEDULE OF EXPENDITURES ®BUDGET AND ACTUAL GROUP'INSURANCE INTERNAL SERVICE FUND FOR THE'YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Actual (Unfavorable) ............. Operating Expenditures: Administration 180,940 $ 171,350 $ 9,590 Operations t,128,234 IJ 19,428 8,806 Group Insurance Claims 9,180,525 9,162,271 18,254 Asserted Claims 2,291,660 2,291,6W Total Operating Expenditures $ $ 10 5 9 2 32 ,3�Q, H-26 MONROE COUNTY,FLORIDA SCHEDULE OF EXPENDITURES®BUDGET AND ACTUAL RISK MANAGEMENT IN"TERNAL,SERVICE FUND FOR THE YEAR ENDED SE EMBER 30,2000 Variance Favorable Bost.. ....... Actual CUnl nr bled. Operating Expenditures: Administration 183,452 1.60,607 2,845 Operations 865,100 826,075 39,025 Claims 671,868 241,743 430,125 Safety and Loss Control 40,608 40,172 436 .asserted Claims � L000,000 �� 1,000,0W Total Operating Exrxndltures 2,761,029 1,268,597 1,492,431 Non-Operating'Expenditures: Capital Outlay �..41,830 wg30 25,549m �.W 16,2$1_. Operating Transfers and Reserves Reserve for Contingencies 90,847 90,847 .... _ . ..._. �. . ... .67,004.._ Operating. Transfers t�Other Funds ..... 300„10� 232g36 ;. Total Operating Transfers and Reserves _....... 390,847 232,93,6157,911 a. _. . 5 527 082 $ 1 66,623 ._ . 1a Total Expenditures $ 3 13-- . °�'0 ... .l.mm.. P...:M- 4 Y -27 MONROE COUNTY,FLORIDA SCHEDULE OF EXPENDITURES-BUDGET AND ACTUAL FLEET MANAGEMENT INTERNAL SERVICE FUND FOR THE DEAR ENDED SE EMBER 3 ,2000 anaaace Favorable Actual (Unfavorable) Operating Expenditures: Public Works Garage 965,676 881,229 84,447 Fleet Management ement Services-Fuel 574,552 571,203 3,349 Operations 413,799 410,190 3,609` flurricau,e Georges _....,.,. ,028 -- Total Operatin Expenditures 1,9b m055m 1,862,622 _ 99,433 Non-Operating Expenditures Capital Outlay 14,43 0,579, 904 Operating,Transfers and Reserves: Reserve for Contingencies 17,093 -- 17,093 Operating Transfers to Other Funds 356, 2 ............ 323�,5f�g 32x3 Total Operating Transfers and Reserves _. . ,373,093 _. .. 323,568 49�„525 _. ... 69 1 62 Total Expenditures _ 2,^ � 63m 2�. 99 THIS PAGE INTL,NTIONALI BLANK FIDUCIARY FUNDS INMATUVELF"ARE To account for funds of the inmates incarcerated in the Monroe County jail. This fund does not have a legally adopted budget, LAW ENEORUEMENT TRUST To account for the funds used for the purpose of training police officers and supporting personnel in the prevention,investigation,detection and identification of crime. COURT FACILITY FEES To account for revenues collected upon the institution of any civil action„ suit or proceeding to be used exclusively in pr6viding and maintaining existin.g and future facilities for the use of the Circuit and County Court system. DRUCz ABUSE TR To account for assessments collected for drug abuse programs and to disburse assistance grants for drug abuse treatment or educational programs which "meet the standards for qualification of such programs by the Department of Health and Rehabilitative Services. FIRE AND EMS PENSIQN TYUST FUND To account for contributions and benefits paid on behalf of, for the benefit of, the volunteer firefighters and the EMS volunteers, CLERIC Ii,ENE LcENUY To account for revenues collected for recording fees, circuit and civil filing fees, criminal and traffic fines, and other miscellaneous fees and disbursed to other agencies in a fiduciary capacity by the Clerk's office. HERIFF QENLERAL AGENCY To account for funds received and disbursed to others by the Sheriffs office in a fiduciary capacity, TAG AND LICENSE To account for revenues collected by the Tax Collector for the issuance of vehicle and boat registrations, applications and transfers of titles occupational licenses and other miscellaneous licenses and disbursed to others in a fiduciary capacity. PROPERTY TAX To account for the collection and distribution of ad valorem and tangible personal property taxes by the Tax Collector in a fiduciary capacity, MONROE COUNTY,FLORIDA COMBINING BALANCE SHEET ALL FIDUCIARY FUNDS SE EMBER 30,2000 EXPENDABLE TRUST FUNDS ........... .. .................. Fire and Law Court Drug EMS Inmate Enforcement Facility use Pension Welfare Trust Fees Trust Trust Fund ASSET'S Cash and Cash Equivalents $ 4,52,909 $ 243,272 $ 616,527 $ 29,645 $ 150,195 Accounts Receivable 17,011 -- -- -- Due from Other Governmental Units 2,5010 101,274 5,595 685 Total Assets $ 472T420 ___344 5 $ 622322 $ 30,330 1$ 50 195 4� LIABILITIES AND FUND BALANCES Liabilities: Accounts Payable $ 2,245 $ $ $ Due to Others 19,963 Due to Other Funds 7,119 Due to Other Governmental Units 864 25,105 Total Liabilities 30,191 25,,105 Fund Balance: Reserved for Trust Fund Purposes 4,42,229 319,441 622,122 30,330 150,195 Total Liabilities and Fund Balance $ 472,420 $ 4`146 62 0 -41t�2 __30 330 $ 15 195 1 AGENOYFINIMS Clerk's SheriWs General General Tag and Property e ..,. ° .. ._. . Licetut, Total $ 29501,717 $ 918,931 $ 296,285 $ 3,0 3,056 $ 8,292,537 22,854 -- 2,296 1,947 44,108 Ty 13 145,367 2,559 4.m $.._ _....w.. ,931 .......�29 a 5 1... .... 3,015�,Q03__ _ 4810 12... -- $ 57 - -- $ 2,302 1, 1.6,15 520,211 63 5,413 1,762,395 -- __ __ ro 7,119 1,34 759. 398,663 297fl 9 _ 1,079,590 5,145,879 .. 490,931 .. , , 1 6, , .,59,118 ..... . � 251, 1_.w ....._ ..._. ._0� 5,00 917,,69�5 .. ..... ....o. _.__.... .._� , -_ -- _ 1,564,317 $_,2,5.,59,884, .... $ 918�9 $ ..w..mmo.d ..2 581 $ 9 5.0 $ .�.,_.8,482,012.,. 7. 12 MONROE COUNTY,FLORIDA COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES ALL EXPENDABLE TRUST FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Law Court Drug Inmate Enforcement Facility Abuse Welfare Trust Fees Trust Total Revenues: Intergovemmental 27,390 $ $ $ 7,39 0 Charges for Services 47,039 6,479 53,518 Fines&Forfeitures 691,06�9 — 691,069 Investment Incorne 22,045 13,739 35,277 1,571 72,632 Miscellaneous 249,6917 -- -- 249,697 Total Revenues 299,132 704,808 82,316 8,050 1,094,306 7 Expenditures: Current: Public Safety 200,363 615,213 815.576 Excess of Revenues Over/ �Under) Expenditures 98,769 89,595 82,316 8,050 278,730 Fund Balance, October 1, 1999 343,460 229,846 539,806 22,280 1,135,392 Fund Balance, September 30,2000 _319 1.. 622,122 30,330� $ 1,444,122 1®3 MONROE COUNTY,FLORIDA COMBINING STATEMENT OF CRANGES IN ASSETS AND LIABILITIES ALL AGENCY FUNDS FOR FISCAL YEAR ENDED SE EMBER 30,2000 Balance Balance October 1, September 30, 1999 Additions Deductions , 2000 CLERK'S GENE RALAGENCY: ASSETS Cash and Cash Equivalents $ 2,440,651 $ 39,793,136 $ 39,732,070 $ 2,501,717 Accounts Receivable 8,737 164,312 150,195 22,854 Due from Other Governmental Units 70,706 25,519 ('0,912 35,313 , Total Assets $ _;, qQ, 194 $ ___39 982,967 $ 391943LI77 $ 2 55%884 LIABILITIES Due to Others $ 1,38 ,682 $ 18,265,933 $ 18,,438,4,90 $ 1,216,125 Due to Other Governmental Units 1,13,1,412 21,717,034 21,504,687 1,343,759 Total Liabilities $ 2 520A)94'� $ 39 8 q $ 1 -19 j%q4jj77 $ SHERIFF'S GENERAL AGENCY: ASSETS Cash and Cash FAuivalens $ 1,W9,897 $ 1,303,680 $ 1,394,646 $ 918,931 1, 30�3 680, $Total.Assets $ tn'-' IA t I A92 897 $ 1394 64, $ 918 9.L, 1 LIABILITIES Due to Others $ 537,270 $ 1,233,860 $ 1,250,862 $ 520,268 Due to Other Governmental Units 472,,627 69,820 143,784 39,8,663 Total Liabilities $ $ 1 30-3 SCE.. $ 1 3914 646 $ 5�L8,9.31 TAG AND LICENSE: ASSETS Cash and Cash Equivalents $ 268,029 $ 9,282,915 $ 9,254,659 $ 296,285 Accounts Receivable -1,898 398 2,296 Total Assets $ 269 927 $ 9 283 313 $ 92542659 $ 298, 581 LIABILITIES Due to Others $ 996 $ 16,716 $ 17,029 $ 683 Due to Other Governmental Units 268,931 9,266,597 9,237,630 297,898 Total Liabilities $ 269,927 $ 93,31 $ 1-4 (Confinued) MONROE COUNTY,FLORIDA COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES ALL AGENCY FUNDS®CONTINUED FOR FISCAL YEAR ENDED SEPTEMBER 30,2000 Balance Balance October 1, September 30, 1999 Additions Deductions 2000 PROPERTY TAX: ASSETS Cash and Cash Equivalents $ 2,471,656 $ 160,484,186 $ 159,872,786 $ 3,083,,056 Accounts Receivable 934 6,,609 5,596 1,947 Total Assets $ 2,472,590 $"" 160,490�,795 $ 159,8780382, $ 3�,O�85 .1 7 7 71"t LIABILITIES Due to Others $ 2,281 $ 4,490,450 $ 4,487,318 $ 5,413 Due to Other Govemmental Units 2,,470,309 156,000,345 '155,391,064 3,079,590 Total Liabilities $ 2 472 590 $ 16�0,490,7�95 $ 159878,382 $ 3,0 TOTAL ALL AGENCY FUNDS® ASSETS Cash and Cash Equivalents $ 6,190,233 $ 210,863,917 $ 210,254,161 $ 6,799,989 Accounts Receivable 11,569 171,319 27,097 Due from Other Governmental Units 70,706 25,519 '60,912 35,313 Total Assets $ )272 508 $ 2 11,060,755 $ 210,470�,864 $ 6,862,3( a�'. LIABILITIES Due to Others $ 1,929,229 $ 24,006,959 $ 24,193,699,, $ 1,742,489 Due to Other Governmental Units 4,343,279 187,053,796 18,6,277,165 5,119,91.0 Total Liabilities $ 6272,508 $ 211,060,755 $ 210 470,864 $ 6,802399 1-5 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES-IN FUND BALANCE - BUDGET AND ACTUAL LAW ENFORCEMENT TRUST EXPENDABLE TRUST FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Fines and Forfeitures $ 854,585 691,069 $ (163,516) Investment Income 2,000 —'---A3,739 11,739 Total Revenues 856,585 (151,777) ........................ Expenditures: Current: Public Safety: Law Enforcement 1,056,485 615,213 441,272 Excess of Revenues Over/ (Under)Expenditures (199,900), 89,595 289,495 Fund Balance,October 1, 1999,, 229,846 229,846 - ------------------.......... Fund Balance, September 30, 2000 $ 29,946 $ 319,441 289,495 -------------- 1-6 MONROE COUNTY,FLORIDA STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL COURT FACILITY FEES" EXPENDABLE TRUST FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues: Charges for Services $ 40,000 $ 47,039 $ 7,039 Investment Income 15,000 35,277 20,277 Total Revenues 55,000 82,316 27,316 Expenditures: Current: Court Related: Court Facility 299,075 -- 299,075 Excess of Revenues Over/ (Under) Expenditures (244,075) 82,316 326,391 Other Financing Sources/(Uses): Reserve for Contingencies: (42,725) -- 42,725 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (286,800) 82,316 369,116 Fund Balance, October 1, 1999 539,806 539,806 -- Fund Balance, September 30, 2000 $ 253,006 $ 622,122 $ 369,116 I-7 N CAE COUNTY,FL A, STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL DRUG ABUSE TRUST EXPENDABLE T UST FOR THE FISCAL,YEAR ENDED SEPTEMBER 30,2000 Variance Favorable Budget Actual (Unfavorable) Revenues, Charges for Services $ 5,000 $ 6,479 $ 1,479 Investment Income -- 1,571 1,571 Total Revenues 5,000 8,050 3,050 Expenditures: Current: Human Services:. Drug AbuseTrust Fund 11,750 -- 11,750 Excess of Revenues Over/ (Under) Expenditures (6,750) 8,056 14,800 Other Financing.Sources/(Uses): Reserve for Contingencies (1,000) -- 1,000 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses (7,750) 8,050 15,800 Fund Balance, October 1, 1999 22,280 22,280 -- Fund Balance, September 30, 2000 $ 14,530 $ — 301330 $ 15,800 I-8 MONROE COUNTY,FLORIDA STATEMENT OF:CHANGES IN.PLAN NET ASSETS FIRE AND EMS PENSION TRUST FUND SEPTEMBER 30,2000 Additions: Contributions $ 150,113 Investment Income 82 Total Additions' 150,195 Deductions - Net Assets Held in Trust for Pension Benefits, September 30,1999 - Net Assets Held in Trust for Pension Benefits, September 30,2000 $ 150,195 I-9 . ACCOUNT GROUPS GENERAL FIXED ASSETS To account for all fixed assets of Monroe County, other than those accounted for in the Enterprise Funds and Internal Service Funds. GENERAL LONG-TERM DEBT To account for long-term debt supported by general revenue sources of the Monroe' County,Governmental Unit. THIS PAGE INTENTIONALLY LEFT BLANK MONROE COUNTY,FLORIDA SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE SEPTEMBER 30,2000 Total GENERAL FIXED ASSETS: Land $ 30,526,973 Buildings 83,518,695 Equipment 42,580,028 Construction In Progress 9,399,323 Total General Fixed Assets 166,025,019 INVESTMENTS IN FIXED ASSETS: General Fund Revenues: County Funding 31,978,022 1988 Improvement Revenue Bands 62,098 Federal Grants and Shared Revenues 924,242 State Grants and Shared Revenues 3,543,406 Donations 186,467 General Obligation Bonds 2,469,017 Special Revenue Fund Revenues 18,159,537 Donations 3,435,951 Capital Project Fund: Special Revenue Bonds 1,228,007 1988 Improvement Revenue Bonds 1,433,012 1991 Sales Tax Revenue Bonds 31,953,990 Federal Grants and Shared Revenues 9,236,576 State Grants and Shared Revenues 3,303,050 County Funding 56,989,507 Donations 1,122,137 Total Investment in General Fixed Assets S 166,025,019 J-1 MONROE COUNTY,FLORIDA SCHEDULE OF GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY SEPTEMBER 30,2000 Construction Land Buildin -------- --- General Government: Legislative $ -- $ - $ 56552 $ -- $ 56,552 Executive - -- 17,964 -- 17,964 Financial and Administrative 439,179 1,090,304 3,648,052 -- 5,177,535 Legal Counsel_ -- - 69,435 -- 69,435 Comprehensive Planning 9,829,188 1,912,451 270,968 -- 12,012,607 Other General Government 4,554,088 14;604,502 1,480,830 - 20,639,420 Total General Government 14,822,455 17,607,257 5,543,801 -- 37,973,513 Public Safety: Law Enforcement 942,762 3,156,893 ` 16,718,924 -- 20,818,579 Fire Control 519,135 3,767,931 7,027,219 - 11,314,285 Detention/Correction 4,859,904 44,495,548 768,228 -- 50,122,680 Protective Inspections -- 14,808 405,712 - 420,520 Emergency&Disaster Relief Sv -- 75,609 528,294 -- 603,903 Ambulance and Rescue Svcs 169,566 14,150 1,971,660 -- 2,155,376 Medical Examiner - - 17,631 - 17,632 Other Public Safety -- -- 1,771 -- 1,771 Total Public Safety 6,490,367 511,524,939 27,439,440 -- 85,454,746 Physical Environment: Conservation&Resource Mgmt -- -- 224,074 - 224,074 Transportation: Road and Street Facilities - 21,147 3,449,343 -- 3,470,490 Parking Facilities 799,963 -- -- - 799,963 Total Transportation 799,963 21,147 3,449,343 -- 4,270,453 Economic Environment: Industry Development 369,000 -- 72,267 441,267 Veteran's Services -- -- 37,608 -- 37,608 Total Economic Environment 369,000 109,875 -- 478,875 Human Services: Hospitals -- 34,510 -- -- 34,510 Health 10,500 1,438,082 1,273,179 -- 2,721,761 Public Assistance 8,500 ' 448,338 1,050,942 -- 1,507,780 Other -- -- 26,470 -- 26,470 Total Human Services 19,000 1,920,930 2,350,591 -- 4,290,521 J-2 (Continued) MONROE COUNTY,FLORIDA SCHEDULE OF GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY-CONTINUED SEPTEMBER 30,2000 Constructioon' Land Buildings Equipment in Progress Total Culture and Recreation: Libraries 110,197 3,923,962 426,422 - 4,460,581' Parks and Recreation 7,599,980 1,313,394 299,884 -- 9,213,258 Special Recreation Facilities 300,152 232,263 - - 532,415 Other Culture and Recreation 15,859 9,779 904,962 -- 930,600 Total Culture and Recreation 8,026,188 5,479,398 1,631,268 - 15,136;854 Court Related: General Administration -- - 225,162 -- 225,162 Circuit Court-Criminal -- - 192,539, -- 192,539 Circuit Court-Civil -- -- 21,092, 21,092 Circuit Court-Civil -- - 22,557 - 22,557 Circuit Court-Juvenile - - 34,487 34,487 Circuit Court-Probate -- - 1,566 -- 1,566 General Operations -- 6,965,024 1,194,965 8,159;989 County Court-Criminal -- -- 110,139 -- 110,139 County Court-Civil -- -- 8,615 County Court-Traffic -- - 20,514 - 20,514 Total Court Related -- 6,965,024 -1,831,636 - 8,796,660 ,Construction in Progress - -- -- 9,399,323 9,399,323 Total $ 30,526,973 $ 93,518,695 $ 42 580,028 $ 9,399,323 $ 166,025,019 J-3 MONROE COUNTY,FLORIDA , SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 October 1, Transfers September 30, 1999 Additions Deductions In Out 2000 - - - General Government: Legislative $ 272,136 $ 3,076 $ 24,697 $ 5,642 $ 199,605 $ 56,552 Executive 24,571 - 1,183 - 5.,424 17,964 Financial&Administration 5,949,995 193,630 1,302,510 363,470 27,050 5,177,535 Legal Counsel 72,016 4,017 7,350 752 -- 69,435 Comprehensive Planning 11,663,018 432,139 49,822 33,615 66,343 12,012,607 Other General Government 19,994,075 678,477 156,761 287,274 163,645- 20,639,420 Total General Government 37,975,811 1,311,339 1,542,323 690,753 462,067 37,973,513 Public Safety: Law Enforcement 15,233,237 6,201,962 616,620 -- -- 20,818,579' Fire Control' 11',910,067 36,024 359,569 879,310 1,151,547 -11,314,285 Detention/Correction 50,083,219 26,417 51,756 64,800 -- Protective Inspections 384,528 47,861 42,272 42,426 12,023' 420,520 Emergency &Disaster Relief Svcs 386,979 81,684 36,315 201,602 30,047 603,903 Ambulance&Rescue Services 1,750,001 422,335 130,829 232,064 118,195 , 2,155,376 Medical Examiner 18,168 -- 536 -- -- 17,632 Other Public Safety 1,771 -- - -- - 1,771 Total Public Safety 79,767,970 6,816,283 1,237,897 1,420,202 1,311,812 85,454,746 Physical Environment: Conservation&Resource Mgmt 169,277 77,682 25,653 13,345 10,577 224,074 Other Physical Environment 3,740 -- - -- 3,740 -- Total Physical Environment 173,017 77,682 25,653 13,345 14,317 224,074 Transportation: Road and Street Facilities. 3,455,786- 310,414 294,078 45,499 47,131 3,470,490 Parking Facilities 799,963 - -- -- -- 799,963, Other Transportation Services 44,302 -- - - 44,302 -- Total Transportation: 4,300,051 310,414 294,078 45,499 91,433 4,270,453 Economic Environment: Employment Development 17,704 -- 16,778 -- 926 -- Industry Development 463,773 12,934 34,240 -- 1,200 441,267 Veteran's Services 33,184 18,979 8,322 750 6,983 37,608 Total Economic Environment 514,661 31,913 59,340 750' 9,109 478,875 Human Services: Hospitals 82,067 -- 42,625 -- 4,932 34,510 Health 3,051,443 203,778 265,416, 183,036 451,080 2,721,761 Public Assistance 1,458,377 104,594 92,931 76,170 38,430 1,507,780 Other 24,755 1,715 - -- -- 26,470 Total Human Services 4,616,642 310,087 400,972 259,206 .494,442 4,290,521 J4 (Continued) MONROE COUNTY,FLORIDA SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY-CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 October 1, Transfers September 30, 1999 Additions Deductions In Out 2000 Culture and Recreation: Libraries 4,478,549 112,185 166,859 91,449 54,743 4,460,581 Parks and Recreation 8,612,808 710,660 41,479 108,965 177,696 9,213,25& ` Special Recreation Facilities 532,415 ;- - -- -- 532,415 Other Culture and Recreation 930,600 -- - 930,600 Total Culture and Recreation 14,554,372 822,845 208,338 200,414 232,439 15,136,854 Court Related: General Administration 376,192 15,622 170,394 5,669 1,927 225,162 Circuit Court-Criminal 261,613 19,655 88,091 27,687 28,325 192,539 Circuit Court-Civil 3,029 1,525. 1,929 18,467 -- 21,092 Circuit Court-Family1,980 17,445 -- 3,132 -- 22,557 Circuit Court-Juvenile 43,000 6,148 18,128 3,467 34,487 Circuit Court-Probate -- -- -- 1,566 -- 1,566 General Operations 8,602,715 19,356 390,373 153,350 225,059 8,159,989 County Court-Criminal 137,455 1,525 35,105 6,264- -- 110,139 County Court-Civil 3,509 -- 1,158 6,264 -- 8,615 County Court-Traffic 6,144 -- 525 14,895 -- 20,514 Total Court Related 9,435,637 81,276 705,703 240,761 255,311 8,796,660 Construction in Progress 3,216,372 6,291,828 168,877 -- 9,399,323 Total $ 154,554,533 $ 16,053,667 $ 4,583,181 $ 2,870 930 $ 2,870,930 $ 166,025,_019 J-5 THIS PAGE INTENTIONALLY LEFT BLANK MONROE COUNTY,FLORIDA SCHEDULE OF CHANGES IN GENERAL LONG-TERM DEBT FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2000 Balance_- Balance October 1, September 30, 1999 Additions Retirements 2000 General Long-Term Debt Payable: Revenue Bonds Payable: Refunding Improvement Bonds- Series 1993 (88) $ 5,190,000 420,000 $ 4,770,000 Sales Tax Bonds- Series 1991 3,650,000 3,650,000 Sales Tax Refunding - Bonds-.Series 1998, 17,325,000 185,000 17,140,000 .......... .... Total Revenue Bonds Payable 26,165,000 4,255,000 21,910,000 Florida Local Government Finance Commission Loan 850,000 200,000 650,000 Capital Lease Obligations: Sheriff 28,399 108,885 74,156 63,128 Accrued Compensated Absences: Board of County Commissioners 1,923,999 9,515 1,933,514 Tax Collector - 55,173- 697 55,870 Property Appraiser 111,272 4,917 116,189 Supervisor of Elections: . 26,033 656 26,689 Sheriff 2,183,957 23,136 2,160,821 ....................... ........... Total Accrued Compensated Absences 4,300,434 1.5,785 23,136 4,293,083 Total General Long-Term Debt Payable $ 31,343,833 $ 124,670 $ 4,552,292 26,916,211 ............ -- - ----- J-6 MONROE COUNTY,FLORIDA REVENUE BOND AND REVENUE REFUNDING. BOND ISSUES-DESCRIPTION SEPTEMBER 30,2000 Refunding Bonds Sales Tax Revenue Series 1993(88) Bonds-Series 1991' Original authorization . $7,500,060 $43,500,000 Unissued 270,000 1,085,000 Issued 7,230,000 42,415,000- Retirements through September 30,2000 2,460,000 42,415,000 Balance outstanding September 30, 2000 $4,770,000,` -- Date of issue May 1, 1993` October'l, 1991 Maturity range 1993-2008 1992-2000 Principal payment date December 1 April,l Interest payment dates June-December April October Denominations $5,000 $5,000 Interest rates: 4.50% Maturities 2000 4.70% Maturities 2001 4.80%Maturities 2002 5.00%Maturities 2003-2008 Effective interest cost rate 4.47% 5.92% Call feature 12/01/01 - 1-1/30/02 102 1999-2000 101 12/01/02°- 11/30/02 101 .2000 Maturity 100 12/01/03 -Maturity 100 Paying agent Nations Bank of First Florida Bank;N.A. Florida,N.A. Tampa Florida Ft. Lauderdale,Florida J-7. (Continued) MONROE COUNTY,FLORIDA VENUE BOND AND REVENUE REFUNDING BOND ISSUES-DESCRIPTION-CONTINUED SE EMBER 30,2000 Sales Refunding Bonds-Series 1998 Original authorization $17,505,000 Unissued ®- Issued 17,505,000 Retirements through September 30,200035111, Balance outstanding September 30,2 17..140,29 ..... Date of issue January 1, 1998 Maturity range 1999-2004 Principal payment date April I Interest payment dates April-October Denominations $5,000 Interest;rates: 3.75 ®Maturities 2001 335 Maturities 2002 3.80 Maturities 2003 3,875Maturities 2004 Effective interest cost rate 3.77 Laying agent SouthTrust Bank,KA. t i.auderdale% J-8 MONROE COUNTY,FLORIDA SCHEDULE OF DEBT SERVICE REQUIREMENTS SEPTEMBER 30,2000 leftrndln Bonds Series- 1993 (88) Bond Year Ending Total December I Principal Interest Debt Service 2000 $ 435,0(10 $ 234,010 $ 669,010 2001 455,(XX) 214,435 669,435 2002 475,(.()(.) 193,050 668,050 2003 50(.),0(..)0 170,250 670,250 2004 525,000 145,250 670,250 2005 550,000 119 669,000 2006 580,(.X)O 91,500 671,500 2007 610,000 62,500 672,500 2008 640,(X)O 32,000 672AX) $ 4,770,_000 $ 6031,995_ $ Sales Tax Refunding.Bonds-Series 1998 Fiscal Total Year Principal Interest Debt Service 2001 $ 4,()55,(XX) S 574,555 $ 4,629,555 2002 4,200,000 419,774 4,619,774 2003 4,360,000 258,184 4,618,184 2004 4,525,000 87,672 4,612,672 $ 7 140 00'O $ 134,0 185 $ 18,480,185 Florida Local Government Finance Commission Loan Fiscal Total Year Principal Interest Debt Service 2001 $ 200,000 $ 30,000 $ 230,000 2002 200,000 22,500 222,500 2003 250,000 ROW 260,000 $ 650 $ 62500 $ 712, Interest is calculated at 5.00%since this to is based on the blended market rate of commercial paper. J® MONROE COUNTY,FLORIDA STATISTICAL SECTION SEPTEMBER.30,2000 Statistical information is different from the information presented in the financial section in that it usually covers more than one fiscal year and may present non-accounting information. The tables present social and economic information, financial trends and the fiscal capacity of the government necessary for the complete disclosure of the County's financial activity. The information presented in the following tables is not required for fair presentation in conformity with generally accepted accounting principles and is, therefore, not covered, by the auditors' Opinion. Sources of Data: • Monroe County Clerk of the Circuit Court Finance Department (Page K-I through K-19 where a source is not indicated) • Monroe County Tax Collector • Monroe County Property Appraiser • U.S. Department of Corrunerce, Bureau of Economic Analysis • Florida Banker's Association • Monroe County School Board • Monroe County Sheriff's Department • U.S. Bureau of the Census • Agency for Health Care Administration • Florida Department of Labor and Employment Security The Constitution of the State of Florida, Florida Statute 200.181 and Monroe County set no legal debt limit. MONROE COUNTY,FLORIDA. GENERAL GOVERNMENT EXPENDITURES BY FUNCTION FOR LAST TEN FISCAL YEARS FISCAL GENERAL PUBLIC PHYSICAL TRANS- ECONOMIC YEAR GOVERNMENT SAFETY ENVIRONMENT PORTATION ENVIRONMENT .............. _I-—------- 1991 $ 20,040,936 29,320,771 531,593 $ 6,078,545 $ 6,906,952 1992 20,956,,430 31,649,193 668,315 5,923,595 7,851,857 1993 20,908,679 34,331,564 741,354 4,175,462 7,811,825 1994 23,460,049 38,321,175 1,3015,061 4,,263,,681 7,996,073 1995 29,390,253 41,240,319 1,160,034 6,168,342 9,616,404 1996 24,652,862 45,968,956 1,,334,988 4,,836,343 9,408,309 1997 26,213,577 51,527,757 946,811 5,663,889 9,617,725 1998 21,004,358 56,691,835 2,299,807 4,507,675 10,747,966 1999 27,485,498 65,102,191 2,174,127 5,762,,030 11,686,359 2000 21,771,656 72,758,894 3,847,743 4,69�4,097 11,659,885 *Includes expenditures in General, Special Revenue, Debt Service and Expendable Trust Fund Types, Excludes flousing Finance Authority,Discrete Component Unit. ®1 HUMAN CULTURE AND COURT DEBT SERVICES CREATION ELATED SERVICE $ 5,1 6,247 $ 2,886,706 $ -- 1,270,761 $ 72,222,511 5,309,346 2,971,243 - 4,657,447 79,9 '7,426 5,719,640 2,345,614 7,037,236 83,070,774 9,77, 23 2,757,703 w 4,627, 36 92,519,401 5,573,6�27 2,703,504 6,888,070 102,740,553 5,769,102 4,332, 30 5,777,227 102,00,61.7 5, 62,235 3,657,464 5,971, 19 109,40,477 6,237,775 3,720,3 D 6,615,544 5,865,981 117„691,241 F 6,303,742 4,725,431 6,856,998 5,61 ,956 135,715,332 6,873,898 3, 72,241 6,959,17 5,52,234 13 ,019,795 K-2 MONROE COUNTY,FLORIDA GENERAL GOVERNMENT REVENUE BY SOURCE FOR LAST TEN FISCAL YEARS LICENSES INTER CHARGES FISCAL AND ` GOVERN® FOR YEAR TAXES PERMITS MENTAL SERVICES 1991 46,675,252 2,724,190 14,563,52 4,373,229 1992 48,195,057 2,284,836 16,67 ,180 4,757,019 1993 53,908,727 2,422,039 18,163,244 4,224,315 1994 54,441,515 2,018,078 19,514,402 4,895,466 1995 5 ,121,769 2,124,995 20, 56,479 8,086,331 1996 62,514,109 2,48 ,768 '26,456,481 9,534,513 1997 65,33,45 2,227,459 29,245,42 8,590,395 995 68,833,788 2,295,628 33,651,691 8,751,295 1999 67,721,136 2,125,529 43,8 7,413 8,504,837 2000 69,450,570 1,960,901 41,797,292 7,757,517 *Includes revenues in Geneu:d1,Special Revenue, Debt Service and Expendable Trust Fund Typ & Excludes tiousing Finance Authority, Discr to Component Unit. K-3 FIND AND INVESTMENT MISCEL- FORFEITURES INCOME LANEOUS TOTAL* ' 2,099„2 3,805,,048 $ 2,300,275 76,540, 60 2,21 „317 3,093,779 2,026,446 79,253,634 2,214,505 2,314,117 1,823,814 85,010,761 2,955,435 2„55 ,970 2,200,160 88,584,026 2,4 6,360 4,01 ',259 4,245,450 99,339,643 2,807,175 5,266,515 2,603,888 111,664,449 4,420,164 5,696,786 2,388,447 117,952,158 3,094,869 6„329,767 3,471,378 126,428,41 28,631,619 5,790,945 4,843,391 161,504,870 3,234„064 8,567,628 1,773,21.7 134,541,189 ®4 MONROE COUNTY,FLORIDA PROPERTY TAX LEVIES AND COLLECTIONS FOR LASTTEN FISCAL YEARS FISCAL TAX TAX PERCENT OF YEAR LEVY COLLECTION LEVY C:OLLEC:TED 1991 39,59 ,532 38,360,079 96.9 1992 40,61.0„035 39,072,069 96.2 1993 42,6�37,049 41,350,979 97.0 1994 43,472,080 42,0114,616 96.6 1995 45,129,1 1.) 46,502,205 96.6 1996 51,350,380 49,747,700 96.9 1997 53,523,947 51,917,045 97.0 1998 56,473,845 54,723,468 97.0 1999 55,411,449 53„57 ,72 97.0 2000 56,096,471, 54,023,766 96.0 Property tax levies,based on assessed values as of January 1st,beconiaie due and payable on November 1 st of each year. A fear percent discount is allowed if the taxes are paid in November, with the discount declining by one percent each month thereafter. Accordingly,taxes collected will never be one hundred percent of the tax levy. Taxes become delinquent on April 1st of each year and tax certificates,for the full amount of any unpaid taxes and assessments must be sold not later an June 1 st of each year. Property taxes receivable and a corresponding reserve for uncollectible propetty taxes are not included in the financial statements as there are no delinquent taxes as of September 30,2000. Source: Monroe County Tax Collector K-5 k, MONROE COUNTY,FLORIDA ASSESSED AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY FOR LAST TEN FISCAL YEARS "AL PROPERTY PERSONAL PROPERTY TOTAL YEAR ASSESSED VALUE ASSESSED VALUE ASSESSED VALUE 1991 5,616,223,591. 299,565,576 5,915,7 9,167 1992 6,135,745, 13 305,062,159 6,440, 07,572 1993 6,205, 63,22 ` 310,41 ,654 6,516,281,882 1994 6,140,029,454 318,280,985 6,45 ,310,439 1995 6,601,604,418 338,856,309 6,940,460,727 1996 6,356,274,547 360, 57,198 7,217,131,745 1997 6,970,972,120 355,3 ,93 7,326,361,05 1998 7,513,987,881 341,03 ,,010 7,855,025,891 1999 7,951,15 ,054 363,277,323 ,314,435,377 2000 8,682,695,235 392,4 ,31 9,075„159,54.9 Assessed values used are net taxable values after deductin.g allowable statutory exemptions,,, Property is assessed as of January 1st and taxes based on those assessments are levied and become due on the following November lsto Therefore,assessments and levies applicable to a certain tax year are collected in the fiscal year ending during the next succeeding calendar year. Estimated actual value for each tax year is equal.to the assessed valued The ratio of total assessed to the total estimated actual value is 1 %for each tax year. Source: Monroe County Pr(..)perty Appraaser -6 MONROE COUNTY,FLORIDA PROPERTY VALUE,CONSTRUCTION AND RANK DEPOSITS FOR LAST TEN FISCAL YEARS FISCAL PROPERTY, RANI{: YEAR ALOE* CONSTRUCTION DEPOSITS* 1991 4,049,901,005 122„937, 49 918,016,045 1992 4,375,917,282 120,323,709 88 ,072,000 1993 4,447„309,657 91,934,96 923,935,000 1994 4,390,694,004 66,414, 93 952,120,000 1995 4,791,995,498 88,598,075 947,751,000 196 4,957,041,364 79,313,136 999,568,000 1997 4,97 ,695,909 81,984,599 1,071,370,000 1998 5,221,503,169 81,159,701 1,117,690,000 1999 4, 99,264,593 66,14 ,495 1,255,767, 2000 4,742,1. 3,007 108,526,787 1,346,5 0,W0 Taxable property value and construction does not include the municipal areas of the County. Construction amounts include new taxable construction minus deletions from the Tax Roll, Source: Monroe County Property Appraiser Florida Banker's Association a7 MONROE COUNTY,FLORIDA PROPERTY TAX RATES DIRECT AND OVERLAPPING GOVERNMENTS FOR LAST TEN FISCAL YEARS TAX RATES(MILLAGE) SCHOOL BOARD COUNTY*' TAX YEAR OPERATING DEBT SERVICE' OPERATING DEBT SERVICE OTHER** TOTAL 1991 5.7190 - 6.2992 - 11964 13.2146 1992 5.7070 -- 6.8061 - 1.1945 43.7076 1993 6.0910 -- 5.5903 1.4065 13.0878 1994 6.2050 -- 5.7142 - 1.1851 13.1043 1995 6.4330 -- 6.0983 - 1.2851 13.8164 1996 6.2530 - 6.0857 -- 1.3840 13.7227 1997 5.9021 - 5.8089 1.5850- 13.2960 1998 6.0730 -- 5.5354 - 1.6391 13.2475 1999 5.6550 - 5.1056 -- 1.6391 12.3997 2000 5.1840 -- 4.2181 -- 1.6391 .11.0412 Property is assessed as of January 1st and the taxes based on those assessments are levied according to the tax rate in effect during that tax year and become due on November lst.Therefore, assessments and tax levies`applicable to a certain tax year are collected in the fiscal year ending during the;following calendar year. Monroe County does not have outstanding debt funded by ad valorem taxes. * County millage consists of the General Revenue Fund,the Fine and Forfeiture Fund,and the Health Clinic. " Consists of the following districts: Monroe County Mosquito Control, South Florida Water Management, Okeechobee Basin Fund,Big Cypress Fund and Everglades Construction Project. Source: Monroe County Tax Collector K-8 MONROE COUNTY,FLORIDA' PRINCIPAL TAXPAYERS 2000 FISCAL PERCENTAGE ASSESSED YEAR TAXES OF TOTAL TAXPAYER** VALUE* COLLECTED** COLLECTED** 1 Southern Bell $ 63,064,480 $ 937,034 0.680/6 2. Casa Marina 48,222,377 7361,664 0.54% 3. Hilton Resorts & Marina 29,677,084 461,415 0.34% 4. Cheeca Lodge 28,517,738 395,039 .0.29% 5. Pier House 25,028,596 382,346 0.28% 6. Holiday Inn of Key West 23,529,984 361,929 0.26% 7. Sheraton Suites 20,471,222 312,726 0.23%, 8. Southernmost Beach LP 19,892,937 303,892 0.22% 9. Reach 19,010,571 290,413 0.21% 16. Hawks Cay 18,398,662 278,090 0.20% $ 295,813,651 $ 4,459,548 3.25% Source: * Monroe County Property Appraiser ** Monroe County Tax Collector K-9 t MONROE COUNTY,FLORIDA RATIO NET GENERAL BONDED DEBT TO ASSESSED VALUE AND NET BONDED DEBT PER CAPITA ,FOR LAST TEN FISCAL YEARS GROSS DEBT ASSESSED BONDED SERVICE YEAR PULATI N* VALUE** DEBT FUNDS 1991 79,536 5,915,789,167 -- -- 1992 80,968 6,440,807,572 - -- 1993 81,766 6,516,281,882 -- -- 1994 81,796 6,458,310,439 _- 1995 81,850 6,940,460,727 - -- 1996 80,730 7,217,131,745 -- -- 1997 81,919' 7,326,361,058 -- -- 1998 85,646 7,513,987,881 -- -- 1999 79,941 7,951,158,054 -- -- 2000 87,654 8,682,695,235 - - Property'Taxable Value Assessments,are as of January 1 st of each year. Monroe County does not have general bonded debt. Source: * U.S. Bureau of the Census ** Monroe County property Appraiser K-10 MONROE COUNTY,FLORIDA COMPUTATION OF DIRECT UNDERLYING AND OVERLAPPING DEBT SEPTEMBER 30,2000 PERCENTAGE APPLICABLE TO THIS OVERLAPPING GOVERNMENTAL UNIT GROSS DEBT GOVERNMENTAL UNIT NET DEBT Monroe County, Florida $ -- - $ Monroe County does not have outstanding general obligation debt funded by ad valorem taxes. K-11 MONROE COUNTY,FLORIDA TICS OF ANNUAL DEBT SERVICE EXPENDITURES FOR GENERAL BOND DEBT TO TOTAL GENERAL GOVERNMENT EXPENDITURES FOR LAST TEN FISCAL YEARS TICS OF DEBT GENERAL SERVICE TO OTHER TOTAL GOVERNMENT GENERAL FISCAL DEBT DEBT EXPENDITURES GOVERNMENT YEAR PRINCIPAL INTEREST SERVICE SERVICE* *** EXPENDITURES 1991 $ 230,000 $ 674,514 **$ 366,247 $ 1,270,761 $ 72,222,511 1.76% 1992 1,380,000 2,949,256 328,191 4,657,447 79,987,426 5.82% 1993 3,932,492 2,827,261 277,483 ' 7,037,236 83,0701774 8.47% 1994 3,000,000 1,500,948 126,888 4,627,836 92,519,401 5.00% 1995 3,315,000 3,4 7,870 1.65,200 6,888,070 102,740,553 6.70% 1996 3,475,000 2,198,015 104,212 5,777,227 102,080,617 5.66% 1997 3,655,000 2,014,990 301,029 5,971,019 109,460,479 5A6% 1998 3,845,000 1,298,096 722,885 5,865,981 117,691,241 4.99% 1999 4,280,000 1,263,255 75,701 5,6185956 135,715,332 4.14% 2000 4,455,000 1,034,686 92,548 5,582,234 138,019,795 4.04% * Debt Service includes principal and interest on general obligation bonds, revenue bonds, bond anticipation notes and other loan and notes payable. ** Interest includes fiscal charges. ** K-2 -12 MONROE COUNTY,,FLORIDA SCHEDULE OF REVENUE BOND COVERAGE MUNICIPAL SERVICE DISTRICT WASTE FOR LAST TEN FISCAL YEARS NET REVENUE DEBT SERVICE REQUIREMENTS FISCAL GROSS _ -- AVAILABLE FOR TIMES YEAR REVENUE* EXPENSES" DEBT SERVICE PRINCIPAL INTEREST TOTAL COVERAGE 1991 $ 13,344,013 $ 10,896,916 $ 2;447,097 $ 335,000 $ 547,630 $ 882,630 2.77 1992 14,458,040 11,394,292 3,063,748 180,000 615,668 795,668 3.85 1993 16,094,726 13,640,389 2,454,337 285,000 606,307 891,307 2.75 1994 15,619,182 11,673,498 3,945,684- 300,000 590,918 890,918 4.43 1995 14,310,678 12,452,817 1,857,861 315,000 574,117 889,117' 2.09 1996 15,183,770 13,055,040 2,128,730 335,000 556,162 891,162 2.39 1997, 15,352,388 13,452,269 1,900,119 355,000 536,732 891,732 2.13 1998 16,116,708 14,058,422 2,058,286, 375,000 515,788 890,788 2.31 1999 43,130,141 42,069,856 1,060,285 405,000 493,288 898,288 1.18 2000 14,648,737 12,760,853 1,887,884 425,000 468,380 893,380 2.11 * "Gross Revenue"shall mean all rates, fees, charges, assessments or other income received by the County or accrued to the County or any agency thereof in control of the management and operation of said Municipal Service District-Waste.Excluded from"Gross Revenue" is interest earned on funds held in escrow for the retirement of refunded 1980 Bonds. Fiscal year 1999 revenue includes$3,560,134 match transferred for portion of Hurricane Georges expenditures. ** "Expenses"exclude depreciation of fixed assets and amortization of deferred charges which are reflected as expenses in the financial statements. K-13 MONROE COUNTY,FLORIDA SCHEDULE OF INSURANCE COMPANIES SEPTEMBER 30,2000 INSURANCE COMPANY POLICY PERIOD National Union Fire Insurance Company 10/01/99-00 Insurance Company of North America 07/01/00-01, 07/01/00-01 John Alden Life Insurance Company 10/01/99-00 Occupational Health System 07/01/99-09/30/00 J.L.T.Services Corp. 04/01/96-09/30/00 Bankers Insurance Company 04/03/00-01,06/18/00-oi, 11/13/99-00 02/22/00-01, 05/18/00-01, 01/29/00-01 08/01/00-01, 10/11/99-00, 08/05/00-01 09/24/00-01, 07/19/00-01,09/20/00-01 Florida Municipal Insurance'Trust 10/01/99-00 Colony InsuranceCompany 04/16/00-01 Worker's Compensation Volunteer Firefighters 10/01/99-00 Old Republic Insurance Company 07/27/00-01 United Capitol Insurance Company 02/12/98-03 United National Insurance 12/20/99-00 The Connecticut Indemnity Company 10/01/99-00 Progressive Insurance Company 09/16/00-01 Florida Windstorm Underwriting Association 05/03/00-01 Hartford Steam Boiler Inspection &Insurance Company 10/01/99-00 Omaha Property & Casualty 02/20/00-01, 08/24/00-01 Florida Sheriffs Self-Insurance Fund 10/01/99-00 K-14 MONROE COUNTY FLORIDA SCHEDULE OF INSURANCE AGENCIES SEPTEMBER 30,2000 EXPIRATION ANNUAL AGENCY DATE PREMIUM Arthur J. Gallagher&Co., 07/27/01 $ 44,370 Acordia National 09/30/O1 224,734 Porter Allen.Insurance Company 10/11/00 2,075 11/13/00 1,509 11/19/00 584 01/29/01 1,530 02/22/01 326 04/30/01 22,713 05/18/01 1,828 06/18/01 609 06/27/01 4,794 07/19/01 2;428 07/19/01 764 08/01/01 14,442 08/05/01 1,878 09/16/01 11,231 09/20/01 5,983 09/24/01 1,751 The Johnson's Insurance Agency 02/20/00 1,998 05/03/01 195,107 08/24/01 3,150 Florida League of Cities 10/01/00 105,246 10/01/00 12,721 10/01/00 82,017 12/20/00 9,673 04/16/01 3;000 05/01/00 1,525 The CIMA Companies, Inc. 07/01/01 1,831 John Alden Life Insurance 09/30/01 800,091 VFIS of Fla. 09/30/00 37,624 Hunt Insurance Group, Inc. 09/30/00 25,000 Hal Morrison Insurance 02/12/03 80;107 Marsh USA,Inc. 04/61/01 223,360 K-15 ON OE COUNTY,FLORIDA SALARIES,AND SURETY BONDS OF PRINCIPAL OFFICIALS SEPTEMBER 30,2000 ANNUAL AMOUNT OF NAME AND 'TITLE OF OFFICIAL SALARY SURETY BOND Shirley Freeman--Mayor, Board of County Commissioners $ 37,660 2,000 Wilhelmina Harvey - Member, Board of County Conumssioners 37,660 2,000 George Neugent- Member, Board of County Commissioners 37,660 2,000 Mary Kay Reich-Member, Board of County Commissioners 37,660 2,000 Nora Williams -Member, Board of County Commissioners 37,660 2,000 Danny L. Kolhage - Clerk of Circuit Court and Chief Financial Officer 92,088 5,000 Richard D. Roth- Sheriff 102,224 15,000 Harry L.Sawyer,Jr. Supervisor of Elections 77,621 5,000 Ervin A. Higgs - Property Appraiser 92,088 10,000 Harry F. Knight-Tax Collector 92,088 50,000 James Roberts-County Administrator 118,244 -- K-16 1 MONROE COUNTY,FLORIDA DEMOGRAPHIC STATISTICAL DATA LAST TEN-YEARS SCHOOL UNEMPLOYMENT PER CAPITA ENROLLMENT RATE YEAR POPULATION(1) INCOME (2)` (3) PERCENTAGE(4) 1991 79,536 $ 22,081 8,338 4.8' 1992 80,968 22,404 8,862 8.5 1993 81,766 23,982 8,789 3.6 1994 81,796 24,866 9,140 3.9 1995 81,850 26,455 9,328 3.9 1996 80,730 28,236 9,422 2.9 1997 81,919 29,657 9,529 2.5, 1998 '85,646 NA 9,213 2.7 1999 79,941 NA 9,194 2.3 2000 87,654 NA 8,979 2.0 NA- Data Not Currently Available Sources: (1) U.S. Bureau of the Census (2) U.S. Department of Commerce,Bureau of Economic Analysis (3) Monroe County School Board (4) Florida Department of Labor and Employment Security K=17 GN CAE COUNTY,FLORIDA MISCELLANEOUS STATISTICAL DATA SEPTEMBER 30,2000 Government Structure Governing Body: Monroe County Board of County Commissioners Number of Seats: 5 Length of Term: " 4 years Chairman: Chosen annually by fellow commissioners Chief Administrative Position: County Administrator Date originally established EDUCATION: constitutionally: July 3, 1823 Number of schools: High Schools 3 Date of present constitution Middle Schools 1 establishment: May 13, 1887 Elementary Schools 5 Middle/Elementary Schools 3 Form of government: Constitutional County Number of Administrators 21 Present area: 1,875.54 square miles Number of Teachers 608 Source: Monroe County School Board POPULATION: Date Residents Increase %® EMPLOYEES: 1991 79,536 Property Appraiser 42 1992 80,968 1.80%m Tax Collector 52 1993 81,766 0.99% Board-of County Commissioners, 588 1994 81,796 0.04% Clerk of Circuit Court 100 1995 81,850 0.07%® Supervisor of Elections 13 1996 80,730 -1.37% Sheriff 541 1997 81,919 1.47% Land Authority 2 1998 85,646 4.55% 1999 79,941 -6.66%© 2000 87,654 9.65% AMBULANCE SERVICE: Number of vehicles 15 Number of employees 50 Source: U.S. Bureau of the Census Number of volunteers 42 K-18 (Continued) MONROE COUNTY,FLORIDA MISCELLANEOUS STATISTICAL DATA- CONTINUED SEPTEMBER 30,2000 HEALTHCARE: Number POLICE PROTECTION: Medical Facilities of Beds Number of stations 4 Lower Keys Medical Center 167 Number of employees: Fisherman's Hospital 58 Certified Law Enforcement 196 Mariner's Hospital 42 Support Personnel 191 Certified Corrections 154 Source: Agency for Health Care Administration Source: Monroe County Sheriffs Office of Health Facility Regulation Department " FIRE PROTECTION: PUBLIC LIBRARIES: Number of stations 9 Library Facilities 5 Number of volunteers 175 Library Holdings 163,857 K-19 KEMP & GREEN, P.A. Certified Public Accountants 1438 KENNEDY DRIVE P. 0. BOX 1529 KEY WEST, FLORIDA 33041-1529 MEMBER OF AMERICAN INSTITUTE WM. 0. KEMP, C.P.A. (305) 294-2581 AND FLORIDA INSTITUTE OF MARV A E. GREEN, C.P.A. FAX # (305) 294-4778 CERTIFIED PUBLIC ACCOUNTANTS REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FI—WQIAL REPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Board of County Commissioners Monroe County, Florida We have audited the general -purpose financial statements of Monroe County, Florida (the "County") as of and for the year ended September 30, 2000, and have issued our report thereon dated March 9, 2001. We conducted our audit in accordance with generally accepted auditing standards and the standards applicable to financial audits contained in' Government Auditing Standards, issued by the Comptroller General of the United States. Compliknce As part of obtaining reasonable assurance about whether the County®s general- purpose financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grants, noncompliance with which could have a direct and material effect on the determination of general -purpose financial statement amounts. However® providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance that are required to be reported under Government Auditing Standards. Internal Control Over Financ jAl Report!_ng In planning and performing our audit, we considered the County"s internal control over financial reporting in order to determine our auditing procedures for the purpose of expressing our opinion on the general -purpose financial statements and not to provide assurance on the internal control over financial reporting. Our consideration of the internal control, over financial reporting would not necessarily disclose all matters in the internal control over financial reporting that might be material weaknesses. A material weakness is a condition in which the design or operation of one or more of the internal L-1 control components does not reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to the general,- purpose financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control over financial reporting and its operation that we considered to be material weaknesses. This report is intended solely for the information and use of the Board of County Commissioners, management, and federal awardi�ng agencies and pass- through entities and is ' not intended to be and should not be used by anyone other than these specified parties. Kemp & Green, P.A. Certified Public Accountants March 9, 2001 L-2