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NR OE COUNTY, FLORIDA BOARDF CCUNTY' C"ISSIONERS FINANCIAL STATEMENTS SE TEM ER 30, 1997 y KEMP & GREEN® P.A. CERTIFIED U LIC ACCOUNTANTS V CONTENTSgp pa py ® a e INTRO' DUCTORY SECTION Table of Contents 1-4 FINANCIAL SECTION Independent Auditors' Report B1- COMBINED FINANCIAL STATEMENTS GENERAL PURPOSE FINANCIAL STATEMENTS: Combined 1 Sheet All Fend Types and Account Groups C1 Combined Statement of Revenues, Expenditures and Changes in Fend Balances � All Governmental Fund Types and Expendable Trust Funds -6 Combined Statement of Revenues, Expenditures and Chan es .i ,.Fund BalancesBudget and Actual - All Governmental Fund Types and Expendable Trust Funds 7-1 Combined Statement of Revenues., Expenses and Changes in Fund Equity - All Proprietary Fund Types C 1 Combined Statement of Cash Flows m All Proprietary Fund Types C1 '-1 Notes to Combined Financial StatementsC14-47 COMBINING. INDIVIDUAL ND AND ACCOUNT GROUP FINANCIAL STATEMENTS D SCHEDULES GOVERNMENTAL FUND TYPES General -Fundl Statement of Revenues, Expenditures and Changes in Fund Balance m Budget and Actual . Secial Revenue Funds Combining Balance Sheet EI Combining Statement of Revenues, Expenditure's and Changes in Fund Balance -1 Statements of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual ® Affordable Housing Programs E15 CONTENTS (Continued) Fine and Forfeiture E16 Road and Bridge E17-18 Law Library E19 Tourist Development, Two Cent, All 'Districts E20 Tourist Development® Two Cent, Administrative and Promotional E21 Tourist Development, Three Cent, District One E22 Tourist Development. Three Cent, District Two E23 Tourist Development, Three Cent, District Three E24 Tourist Development, Three Cent'® District Four E25 Tourist Development, Three Cent® District Five E26 Governmental, Fund Type Grants E27-29 Fire and Ambulance, District #1, Lower and Middle Keys E30-31 it and Ambulance, District #6, Key Largo E32 Translator System Service District E33 Unincorporated Area Service District - Planning, Building and Zoning E34-35 Unincorporated Area Service District -, Parks and Recreation , E36 Impact Fees Roadways E37 Impact Fees Parks and Recreation E38 Impact Fees Libraries E39 Impact Fees Solid Waste E40 Impact Fees - Police Facilities E41 Impact Fees - Fire and EMS E42 911 Enhancement Fees E43 Duck Key Security District E44 Local Housing Assistance E45 Upper Keys Health Care Special Taxing District E46 Cudjoe Gardens Municipal' Service Culvert District E47 Jolly Roger Estates Municipal Service Culvert District E48 Winston Waterway Municipal Service Taxing District E49 Debt Service Funds Combinini—B—alance7Sheet F1 Combining 'Statement of Revenues, Expenditures and Changes in Fund Balances F2 Combining Statement of Revenues. Expenditures and Changes in Fund Balances - Budget and Actual F3,5 ��l Project Funds Combining Balance Sheet G1 A® CONTENTS (Continued) Paoe Combining Statement of Revenues. Expenditures and Changes in Fun Balances G2 Combining Statement of Revenues. Expenditures and Changes in Fund Balances W Budget and Actual PROPRIETARY FUND TYPES: Enterprise Funds Combining _ Sheet 1-4 Combining Statement of Revenues. Expenses and Changes I Fund Equity H -6 Combining Statement of Cash Flows HMO Schedule f Expenditures - Budget and Actual ® Municipal Service District-Waste H11 Card Sound Bridge H12 Marathon Airport H13 Key West Airport Internal Service Funds Combining Balance Sheet H15.16 Combining Statement of Revenues, Expenses and Changes. in Fund Equity Combining Statement of Cash FlowsH19-22 Schedule of Expenditures - Budget and Actual : Workers' Compensation Fund H23 Group Insurance Fund Risk Management Fund FleetManagement Fund H26 FIDUCIARY FUND AND ACCOUNT OUP Trust and Agency Funds Combining Balance Sheet 11 Combining Statement of Revenues® Expenditures and Changes i Fund Balances - All Expendable Trust Funds 12 Combining Statement of Changes in Assets and Liabilitiesd 11 Agency Funds Y Statements of Revenues, Expenditures and Changes in Fund Balance Budget and Actual - Expendable Trust Funds. Law Enforcement Trust 14 Drug Abuse Trust 15 Court Facility Fees 16 CONTENTS (Continued) LaEe General Fixed Assets Account Grp Schedule General FixedAssets by Source Schedule General Fixed Assets by Fun ti Activity' J2.3 Schedule of Changes in General Fixed Assets by Function and Activity Long-TermDebt Account Groyp Schedule of Changes in General Long-Term Debt OTHER REPORTS Report on Compliance and on Internal Control over Financial Report- ing Based on an Audit of Financial Statements Performed i Accordance with Gomernfflent Auditing a I-2 Independent Auditorsr Management Letter , w A-4 . „ " Certified Public Accountants 1438 KENNEDY DRIVE F. 0. BOX 1529 KEY WEST, FLORIDA 33041-1524 MEMBER OF A E�RICAN INSTITUTE /All. 0. KEMP, CP.A. (305) 294-2581 AND FLORIDA INSTITUTE OF MARVA E. GREEN, C.P.A. FAX W;(305) 294-4718 CERTIFIED PUBLIC ACCOUNTANTS INDEPENDENT A' O1TOR � REPORT Clerk Ex Officic Board of County Commissioners Monroe County, Florida We have audited the accompanying financial statements of the Board of County Commissioners of, Monroe County,, Mori ( "Board") as Of September ', 1997 and for the year then ended as 'listed i!v the table of contents. Thee financial statements are the responsibility of the Board®s management. Our responsibility is to express an opinion these, financi l statements based on r audit. We conducted our, audit i accordance with generally, accepted auditing standrs and standards applicable financial audits containedi"n Government Auditing Standards, issued by the Comptroller General of the United States, Those standards require that we planperform the audit to obtain reason.ble assurance about whether the financial statements are free of material -misstatement, udit includes examining,,, on a test basis, evidence ,supporting amounts and disclosures',in financial statements',- An audit also includes assessing the accounting rin iipl s, used and significant estimates Made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for cur :pinion. As discussed) in Note 1. the financial statements present only the Board and are not intended present fairly the financial position of Monroe County, Florida and the results of its operations and the cash flows of its proprietary fund types in ° conformity with generally accepted accounting principles.,, In.our opinion the financial statements referred to above present fairly, i B.1.. a11, materi.al respects, the financial pos,ition of the Board as of September 30, 1997,, 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 for the purpose -of forming an opinion on the financial statements taken as a whole. The combining and 'individual fund and account group financial statements, and schOdulleS listed in the table of contents, which are also the responsibility of the management of the Board, are presented for' purposes of additional analysis and, are 'not a required part of the financial statements of the Board. Such iadditioval information has been subjected to the auditing procedures applied in the audit of the -financial statements and, inour, opinion, is fairly stated in all' 'material respects when considered in relation to the financial statements taken as a whole. In accordance with Government Auditi tanddrds, we have also issued a report dated March 10, 1998 on our consideration of the Board's internal control over financial reporting and our tests of 'its compliance with certain provisions of laws, regulations® contracts and grants® ek Kemp & Green, P.A,.. Certified Public Accountants March 10', 1998 THIS PAGEINTENTIONALLY MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS R5 COMBINED BALANCE SHEET ALL FUND TYPES AND,,ACCOUNT GROUPS SEPT EMBER 30, 1497 GOVERNME 0 TYPES Special Debt Capital _ General Revenue Service Pr ye is ASSETS AND OTHER DEBITS assets Cash andCash Equivalents `14,„.023,652 53„376„721 16„960„327 Cash with Fiscal Agent Investments ,20C1 6 10„894,893 4,366,076 Accounts nts Re eivable-i elinquent'W rite Collection Fees Allowance for Vncollectible Waste Collection Fees. Other 367,519 1,879,059 , 4 Allowance for Other Unc llectible (200,243) 1„615„372) Mortgage Note Receivable 1,890,596 Allowance for Mortgage Receivable (367„274) Inventory 17,553 — Due from Other Funds 396,353 1,367,258 65,663 e from Other Governmental Units 3,680,7073,666 928,643 Interest Receivable 26,569 166„677 — 41,954 Restricted Assets, Cash and Cash Equivalents 1,659,218 Due from Other Funds 1�0„000 Property„ (Net„ Where Applicable of Accumulated Depreciation) , Deferred Charges(filet) � �x Other Debits: Amount Available for Debt Service Amount to be Provided for Retire- ment of General Long-Term �- �- Total assets and ether Debits $., 2Cu 5 0 50� ��Q 468 424 $,1a 11n 2� � FIDUCIARY P �0PG � "� �� FUND TYPES F � � .im01F_ TOTAL Qonec l Internal Trust Fined Long-Term Long-Term Memorandum m rater rlee er ru e e Oebt 0 15, 03,473 5,831,443 536,i 5 10 ,7 ,605 7,871 - — 7,871 710,676 1,842,995 20,020,616 796,763 — 796,763 (740,767) _ (740,767) 504,229 222,6212 2,973,433 (52,288) u . (1,867,903) 3) 1,890, 96 ( 7,274) 17,553 1 179,629 12,642 3,021,745 1,152,426 81,847 509,582 9,3 6,871 9,209 24 ,629 5,553,618 7,112,83 ®® 10,00 22,313,028 1,902,166 124,963,931 149,179,125 234,951 234,95,1 842,169 842,169 gg"yq !� �, '7`5,903 , , A8� ' - _.. 46 57 616N5 8 OZ $ 3 2 9 5 922 The notes to the financial statements are an integral part of these statements. (Continued) ONRCE COUNTY, FLORIDA—BOARD OF COUNTY COMMISSIONERS COMB INEl3 BAA NCE SHEET m CONTINUED ALL FUND TYPES AND ACCOUNT GROUPS SEPTEMBER 30, 1997 VE ENI " ` tl D TYKES _.... . ........ _ _.,._. _. . .. .�, W� �...�._ Special Debt Capital Service Prjet LIABILITIES, FUND EQUITY AND .. Cen��rat � Revenue Sernr� _�.,... OTHER CREDIT Liabilities. Accounts Payable 1,079,867 1,404,119 513,666 Tay Anticipation Note 59,000 Accrued Wages and Benefits Payable 550,495 459,856 14,576 Accrued Comp. Absences Payable 73,534 102,115 1,789 [due to Others Claims and Judgements Payable Due to Other Funds 454,952 1,115,433 1,262,278 Due to Other Governmental Units 162,210 103,026 650 Matured Bonds-Payable Matured Premium Payable -� Deposits in Escrow 60,567 6,375 ,„ Deferred Revenues 36,000 9,562,465 Capital Leases Payable Payable from Restricted Assets, Accounts Payable. 20, 64 Accrued Interest Payable 806,665 Revenue Bonds Payable-Current .. Landfill Closure/Post Closure Costs �- Other Current Liabilities 4,236 145 Long-Term Debt — Total Liabilities 2,441,E '1 _1 ,1 212�..._21 m5�34 6.d p ,792„963 7 049 Fund Equity and Other Credits.- Investment in General Fixed Assets Contributed Capital Retained Earnings: Reserved for Revenue Bond Retirement Unreservedmm ,w. Fund Balances.- Reserved for Encumbrances 99,290 119,828 Reserved for Trust n Purposes Reserved for Debt Service 842,169 Unreserved, Designated for Beaches 388,126 -- Unreserved, Undesignated ,9 '1 , 36 578167,936 20,569,704 Total Fund Equity and Other Credits ,6,078,62625, 57,6�75,890 642,1 20,569„704,... .._w.�„ .._ _.._��...._. �....��.._ �... Total Liabefifies,Fund Equity and Other,Credits 20 520, 06 70�46�.;424_..._.._. 669 216 22 362 667 C-3 FIDUCIARY PROPRIETARY FUNDTYF FUND TYPE ACCOUNT GROUPS TOTAL General General � Internal Trust fixed Long-Terra Memorandum Enterprise Service & gen Assets, Debt 1,881,888 $ 325,024 $ 2,428 $ $ - 5,266,994, ,w 59,000 130,473 49,834 1,205,236 9,348 11,463 - 198,249 1,842,99 - 1,842,995 230,536 4,382,995 - I,u 4,613,531 1 7p80 1,222 -- 3,031,745 23,381 25,435 15,387 330„089 5,000 - 5,000 2,871 2,871 82124 _ 169,086 323,546 9,9 2,011 155,481 155,481 , d 20,384 268,366 1,075,031 355,000 355,000 432,683 432,683 4. 20y071 w, .. 24,452 9y74 ,;1"21 ,v 9y1 ' - 35218 �p72 45036,32 y32 1 y847 gg ry� sy 67 4,.8 5w243 1y86 h 1uA uu�� 0� 2w 6 3 9 - a,,.85w18y�Yw,�7a�.- 73y�886�230 �- 124,963,931 124,963,931 13,0 4„985 2,307,379 W61 15,372y384 1,597,746 1,597,746 18,162,409 958,298 1 J20w7107 219,118 1,028y556 1,028.556 -� 2y1 9 .� y1 95,7'18,,975 .. .� Mom. m,. ..,_._, ,. .. ._ ,.._...:w, ;7e m_... .,0 _mm.. .. _m.. .mme2.4,., ,9 32y82y1.40 � 5y6�77 1y028w5� 124A93y9311 25 . .�:.�..P.��.... $. 4 , 72y81 $ 8,,15N 920 2 889 6 $ ,.. 124 93931 18 0 $. 5 922 The notes to the financial statements are an Integral part of these statements. MONROE COUNTY,FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINED STATEMENT OF REVENUES„ EXPENDITURES AND CHANGES IN FUND BALANCES ALL GOVERNMENTAL FUND TYPES AND EXPENDABLE"TRUST FUNDS FOR THE FISCAL YEAR ENDED SE'PTEMBER 30., 1997 ' Special ,Debt Capital e Oe er ulRevenue $4rvip I Revenues: Taxes $ 16,00,520 $ 49,334,965 $ $ 1,2,009,003 Licenses&Permits 413,149 1,€514,310 Intergovernmental 9,608,297 7,895,100 $ 6,250 — Charges for Services 3,663,517 5,356.127 199,31 Fines.&Forfeitures 231,510 1,639,305 Investment Income 932,879 3,687.874 206e1 6 565,495 Miscellerreo us 313N516 6,429 3, 40i Total Revenues w 1, 11,1363. � 70I6 �0 �. �a � 13 102 4 3 1 106 , Expenditures: ° Current General Govdmmruent 20,280,691 4,212,330 Public Safety 1.245,175 40,287,251 Physical Environment 145,953 800„625 Transportation 40„451 5,623,438 Economic Environment 330,261 9,287,464Human Services 3,247,566 2,580,369 'Culture and Recreation 1,876,156 1,7 1,308 Debt Service 6,925 5,674„524 Capital Outlay 4„703,424 Total Expenditures .2T�16 5� �.. _..,w�> 5'1j92 �. ,874,52 4703, 2, . Excess of Revenues Over/ (Under)Expenditures 4w044 90 6,2T1,1'S3 µ. 4�118 6„ a�:w02'9 Other Financing Sources/(Uses): Operating Transfers from Other Funds 1,632,153 1,2116,673 519,539 Opening Transfers to Other Funds __ ltl%.I 0.° j A-tD 2 Total Other Fln rmrd g Sources/(Uses) 2,. Excess of Revenues and Other Sources Over/(Linder)Expenditures Other Uses 4,010,308 6,495,193 (4,768,115) 7,716,936 Fund Balance,October 1; 1996 14,067,817 51,1 0,697 6,254,066 10,178,969 Residual Equity Trrusfer In — 476,569 2,673„799 Residual Equity f cnsfew Out 6 3m799 ° Fund Balance,September 30, 1997 $ 18078.,�_.-_._.. .._._._.�._ 75890� , Oe5, FIDUCIARY FUND TYPES AL Expendable Memorandum '77,392,488 „227,459 18,391,647 40„171 9,260,230 856,954 2,9771,769 25,555 5m739,959 1,, 077w1 67 24,493,030 338,160 41,870,586 , 11 5,663,889 .9,617,75 34„000 5,862,235 , ^� 3,657,454 5,883i449 03.424 37 „ 112. 96,613 3, 7,265 '9 .0 551,120 14,005„939 477,436 841,189,005 a 152,366 The notes to the finandalataternents are an Integral,part of these statements. MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS . . COMBINED STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES-BUDGET AND ACTUAL ALL GOVERNMENTAL:FUND TYPES N EXPENDABLE TRUST FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30,1997, Favorable ud at Actual (Unfavorable) Revenues: .Tix'es 16,142,404 1 ,046'52t1 $ (93,664) Licenses Permits 250,000 413,149 163,149 Intergovernmental 7,929,223 0,608,297 1,679,074 Charges for Services 2„916,297 3.,653,517 747„220 Fines&Forfeitures 166,506 231,510 63,010 investment Income 455,000 932,679 477,879 Miscellaneous 237„633 313 16 JAM, Total Revenues �AEI„9� 1� '� 31 211,38,8 mvm� 3,1m12,291' Expenditures, Current: General Government 21„768,215 20,280,691 1,487,584 Public Safety 1,639,631 11,245,175 393„455 Physical Environment '150,260 '145,963 4,277 Transportation ' 75,472 40,451 35,021 Economic Environment 344,774 330,261 14,513 Furman Services 3„679,354 3,247,866 431,466 Culture and Recreation 2,226,017 1,876,156 349,861 Debt Service Total Expenditures 29,562,76 27„166 63 2 716m2t1t Excess of Revenues Over/(Under) Expenditures 1 783,6m 4�g 65 5 525 4t11 Other Financing Source `(Uses): Reserve for Contingence (564,7 564,722 Operating Transfers frorm"Other Funds 1,677,454 1„632,153 (45,301) Operating Transfers to Other Funds 11,77'1,711 1 65 15tI) 1t1 561 Total Other Financing Sour s/'(Uses) S24W952 2. Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses-Budgetary Sa�ia ,442,655) 4,010,668 6,453,463 Total Adjustments Excess of Revenues and Other Sources Overl(Und r) Expenditures and Other Uses-GAAP Basis (2,442,655) 4,616®666 6,453,463 Fund,Balance,October 1, 1996 14, 7,817 141-067,317 Residual Equity Transfer In Residual Equity Transfer Out - Fund Balance, eptenmber 36g 1997 _ ..�.m: ...mm w; r:w� .11 a 65162 16,676,525 6 453,46 07 arl�pr ce _.. .._._ _ Variance avorable Favorable a Actual,ww (U n able) .. _,,. w.. u a Actual (UnWo dle) , _..:.. $ 49,007,15.3 $ 40,334,965 327,612 $, $ $ m 1,010,000 1„614,310 r 804,310 -- m 30,824,109 7,885.1 (22,939,009) 59t3,250 898,250 3,268,270 5,366,1127 2,087,857 1,560,060 1,669,305 329,305 _ -w 1,56610 1,. 3,667„374 2,D99,514I, . 325,000 203,1 (116,844) 781t a457 885,426 .u,Mx^p.... ww nn wwr.mw.a,i 3tt,036,239 3g50 1,'106406- il,215,562 4„212,339 7,003,223 55,842,794 40.287,251 15,555,543 -- 2,469,572 800,1128 1,68,8,744 21,395,924 5,6230438 15,772„466 x 12,612,975 9,287,4664 3,325, 1,1 . 6,542,629 2,580,369 3,962,260 ry 4,907,196 1„761,3 3,125,888 - 61x,,149.. )" w926 � _m.... ,867,051�` ..x5,,m3745, 4 952,663, u I15,057,801 64,652,9121 60,434,670 6,66711 ' 992,563 ,(27hC)4 a512) 6 200166, 33,249 700. 6,:,43,83'7 4 7' , 181 . ;:, ...m ._.. uI ( m '66 675�1G" ': (3,589,219) 3,589,219 (900,000). � 000 1,950,43-7 1n21 ,P,73, (734'd66A) 4,900,000 -- (4,900,4010) (1, matn- 091 , �6 ,261 _._ mmm. _. m- .w „695,611) 224,00 2,91 M 6 m. 4, ,t) ( 0 0y000) qI ..... 1:fw,w:.h...�... ««,..,..wnw. .....-.m« (29,745,123) 6,424,193 36,169,316 (1,643,837) (4,768,118) (3,124,281) (29,674,123) 6„495„1 3 ,169,316," (1, 31,837) (4,766,1* (3,124,261): 61,180,697 51,160,697 6,264,066 8,284,086 478,569 478,,569 1 1711 (476 9 '(416 ) — (2e673,7'99) (2 73 ' .mn� $ 21� 6 574. . ._. 57 675 5 00 $ 06 19346 . $ 6a6«4q $ The notes to the financial statemerft are ail lnt ral ,:ct these statements. C-6 ( cntlruuedl) MONROE COUNTY, FLORIDA--BOARD OF COUNTY COMMISSIONERS ;COMBINED STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES-BUDGET AND ACTUAL ALL.GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUND$-CONTINUED FOR THE FISCAL,YEAR ENDED SEPTEMBER 30,1997 'CAf "F1 � add Favorable Budget ,�c aunt < (U'rafavor�u Ie')� Revenues: _., �. .. . _..._._...._._......._.. Taxes $ 10,000,000 $ 12,009,CO3 2,009,003 Licenses&Permits Intergovernmental — Charges for Services 199,815 199,815 Fines&Forfeitures . Investment Income 200,000 665„495 685,495 Miscellaneous — 8,',140 5,140 _..,.., _., 702 538 Total Revenues 10�«3� 9 613 13,102,453 ,M..�,._��._..„ Expenditures,-. es. Current: General Government 6,690,417 3,608,903 3,081,514, Public Safety 1.,175,139 49,706 1,125,481 Physical Environment Transportation Economic Envlronr eni: Human Services Culture and Recreatlon 2,521, 0T 1„044,813 1,475. 94 Debt Service Total Expenditures 10,386,013 4,703,424 5153�3»359, 7111-11-11-- Excess of Revenues Over/(Under)Expenditures 13,0102 399, 29 8'386,OZ7 Other Financing Sources/(Uses)., Reserve for Contingencies (776,355) 776,355 Operating Transfers from Other Funds 519,539 5119,539 Operating Transfers to Other Funds mm (5", 0,525) (1`,201',5 2 4,315, $ mm. .w, Total Other Financing Sourrxsf(Uses) �$,295,t�. � 52m gab $,614,787 Excess of Revenues and Other Sources Overl(Under Expenditures and Other Uses-B�dgetary s°u (6,283,878) 7,716,93 14, 614 Total Ad'justments . Excess of Revenues and Other SourCes Oved(Under) Expenditures and Other Uses m,OAAF Basis (6,253„37 ) 7,;715,936 14,0W,814 Fond Balance„October 1, 1996 10,178,969 10,178,969 Residual Equity Transfer In 2,67 „799 2,573,799 Residual Equfty Transfer Out Fund Balance, September 30, 1997 . �91- 22... 569,704 $ _ 16;674, 13 � � Cw9 Favorable Favorable r bie� �� 4w oPta1k�; $ $ $ 15,'149,557 $ °77,392,466 $ 2,24 ,9311 1,260,000 2227,459 967,459 39,651,582 13,391, 47 ( 1,259,935) 5,000 40,771 5,771 6,419,382 91,2 0,230 2,840,346 353,337 656,954 503,6517 2,081,837 2,.977,769 895,932 113,0 25„555 12,56 2,561,300 5,739„959,,, 3„156,659 200 w r� 201 1 016,340 1R207W05 188,745..ww,xn.. •..nmxrvwmr a i'ww..x.n... rpm-+..ummamn w. w . .w«...,...„„wrp. 40 ,'S37 923260 521� 12 161,996 117,196;637 10, 361 254,975 — 254,975 39,929,229 26,101,933 -11,627 296 446,669 336,160 .105,729 59,103,503 41,920294 17,163,209 — 2,639,632 946,311 1,693,021 m 21,4.71,396 5, 63�,669 15,607507 12,957,749 9„617,72 3„340,024 34,000 34,000 10,255,96 5,362,235 4,393,748 0,654,420 4,761,277 4,952,143 ,954, "49 �7 7 735 6 7 q� 1 62 0 4 q�y p��g p uT�,$9f�W MdiR3'4PK' 91 ,,,nNM6G�y1� 6Q IR T'+Ow7,.„..„m.,.x..:ww,.,.�.,x, 234327) 3 5�1„120 555,447 34796 0 4 427 124 49,225,374 1 �59,17 ) 9,175 w (5„1169,*t71) � 5,889,471 3,527,691 3R37�65, 5,16Q; 2 R 4 3,34 06 _ ': 469 7'1,5 R 5� C59 59e'17 6917'$ (5,71 06� _...� t1R 2 .."T v, ..� (393,502) 651,120 944,629 (40,508,905) 13,,934,939 54,443,934 71, 0r 71(393,502) 551,120 944,622 (40,437,995) 14„005,939 54,443,934 477,436 477,43 34,169,005 84,15,9,005 1,152,363 3,152,366 z36'6 $w_ 6 934 $ a,C23R5 $ .. $ $_ 3 751 rv1"0 4 19 $ 5444 ;934 R max. �.� The motes t®the financial statements are are integral part of these statements, 10 M ONROE COUNTY,FLORIDA-,BOARD OF COUNTY COMMISSIONERS COMBINED STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY ALL PROPRIETARY FUND TYPES FOR THE FISCAL YEAR ENDED SEPTEMBER 30,1997 Internal Total Enterprise Service Memorandum Funds Finn Operating Revenuesm Toft $ 9661715 $ $ 966,7115 Charges for Services 12,,607,69 12,606,700 25,416,478 Franchise Fees 3,1405,562 — 3,405,562 Fines and Forfeitures 415 _ 413 Miscellaneous 9195 T94,3 Total Operating Revenues ;5 9, 6�'`- � 13d fp��060.�.: 3C��947��6 , W operating Expenses. Personal Services 3,254,396 1,257,351 4,511,749 Operations' '13,569,964 3,507, 119 17,077,583 Landfill Closure and Post Closure 718,158_ 718,158 Depreciation and Amortization 1,332,926 279,051 1,612,001 Asserted and Paid Claims 3e5 129 5,935 . � t3,97I , 3 6 S0 Z4,6`�2 T�tal,Cper�tA'nEspe`n�es 'N�t,lt.75446 .��.._.�.,.... , 3 n 5f6,10 1,911,9� C':peratNng lncemtad(Less) Non-Operating,Revenues(Expenses): Operating Grants 1,058,331 1,058,331 Investment In me 1,261,636 187,323 1,448,959 Interest Expense and Fiscal Charges (652,147) (652,147)_ Less on,Disposition ofAssets Total Non-Operating Revenues( r,penses) 1„645,055� 170 5 1ro 1 , g �...: ..: . Income(Loss)Before Operating Transfers 309197 Operating Tu nsiers: Operating Transfers from'Other Funds 2,053,453 4053"403, Operating Transfers to Other Funds 1,561, 66 1, 1 365 Total Operating Transfers : 4$ „0 Net Income(Copss)` 801,:282 (405,506) 395,77 Fund Equity,-Optober 1, 1996 30,517,906 3,689,540 1157,446 Contributed Capital43 . .� Fund Equity.-Septrribr 30,.1997 $ 3140 $ _ T he.notes,to the financial statements are an integral part of these statements. ;. w,11 ONROE COUNTY, FLORIDA-BOA 0 OF COUNTY COMMISSIONERS COMBINED STATEMENT OF CASH FLOWS ALL PROPRIETARY FUND TYPES FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1994 INCREASE IN CASH AND CASH EQUIVALENTS Internal Total Enterprise Service Memorandum Cash flows from operating activities, Cash received for services $ *,192„092" $ "D ,IQ5„366 $ 30,2 7,453 Cash payments to suppliers for goods d services ) ( ) (25„73'�2,4 5) (14,036„5�9I1 tD,69 ,567 Cash payments to employees for services ( :,2 g„542) � ,2�m„9 6 (4,034,828) Other operating revenue .......... _�� Net cash provided by operating activities 2965 .. r09mm 1„d67„0 Cash flows from nory pill financing activities' Operating grants,received 1,055,248 1„055,248 Operating transfers from other funds 1,123„473 1 w l23„4' Operating transfers to,other,funds , L4„476) t cash provided by nonicapital a financing activities 59 246' 594 245 Cash flows from capital and related financing activities: Proceeds from capital grants 681,528 „ 681,528 Proceeds from sale of assets 22,540 - 22„540 Acquisition isition and construction of capital assets (2,390,503) (143,396) (2„533„904) Principal paid on capital debt (481,448) (481 4,48) Interest paid on capital debt m ,W 66 g6q 61IAM2 Net cash used by capital and related financing activities ._ 2 JLSO!' ?1 92q `'� . Cash flows from investing activities: Proceeds from sale and.maturifies of investment securities 5„17 6 , 1,1f38,532 6,318,368 Investment Income, „ 1 �6 iP f 605 1'515 5' ® Net cash provided by,investing activities _ 6,495`„$07 1'3361L37 7m.63 '944 Net increase in dash and cash equivalents 4,495,267 2,,146,634w 6,642„101 Cash and cash equivalents at beginning of year 16.00ZiG „6g5 3 6ii46ti9 � �, 5�ta �o Cash and cash equivalents at end of year $ ` 20g4962 $ $ .._ C-12 (Cprvtirtued) MIONROE COUNTY, FLORIDA-130ARD OF COUNTY COMMISSIONERS COMBINED STATEMENT OF DASH FLOWS L PROPRIETARY FUND TYPES-CONTINUED FOR THE FISOAL,YEAR ENDED SEPTEM BER 30, 1997 REDQN ILIATION OPOPERATING LOSS TO NET DASH PROVIDED BY OPERATING ACTIVITIES Internal Total Enterprise ryid& Memorandum Operating lase �. 3�m � �,. �� 9 Adjustul'rehtsto reconcile operating lass to net cash provided by operating ar ti ities.; Depreciat'u'on and amortization 1,33 ➢926 279,081 1,612,007 Change in assets and liabilities: Decrease/(Inane)in: Accounts receivable 14,303 233,063 247,366 Due from other funds (14,67 ) 218,959 204„360 Due from other governmental units 844 44,564 45n406 (lie se)flncrease in. Accounts payable 72,318 93,533 165a6 :11' Accrued wages and benefits payable 114„572 (6,093) 81474, Accrued compensated absences (40,01 � 11,4 (26a5 3) Claims and judgements payable (13''665) 643,819 630,054 Due to ot"r fronds '182,3 '7 .0'100y 175,257 Niue to other govemmental units 20,403 ( 29) 19,774 Deposits in escrow 11,549 — 1 ,549 Landfill closure/posit dosure (10,039) (`100i3 Other current liabilities Total adjustments 1570823 M 1„ 218 i9 .µ a_3„ 19iton Net cash provided by operating activities $ 234 52 093 $ SUPPLEMENTAL SCHEDULE OF NON-CASH FINANCING CAPITAL AND INVESTING ACTIVITIES Contributed fixed assets S,. 132 00! S 1 4 1R33'w543 _ -, _. . Loss on disposition of fixed asset 22,765. 16 729 �. The notes to.the financlai statements are an integral part of these statements. 0-13 W= I4ONROE COUWTTY, FLORIDA BOARD OF COUNTY COMMISSIONER, NOTES TO COMBINED FINANCIAL. STATEMENTS E�'TE BER 30 I97 NOTE I SUM SIGNIFICANT ACCOUNTING POLICIES The accounting policies and the presentation f the financial report of the Board of County Commissioners of Monroe County® Florida (the Board) have been designed to conform to generally accepted accounting principles applicable to governmental units, in accordance with the GovernmentalAccounting Standards Board ( B).„ SB di official pronouncementspreviously issued. .y the National Council n Governmental Accounting (NC GA),, Proprietary funds apply Financial Accounting Standards Boards (FASB) pronouncements and Accounting Principles Board (APB) opinions issued on-or' before November . . 1989, unless those pronouncements conflict 'with or contradict pronouncements, in which case GASB prevails® The followingis a summary o the significantaccounting policies. eotin EnticeMonroe County i -Charter County established under the Constitution and the lawns of the State of Florida. , There are six offices elected County-wi,de. which are as follows:, Board of County Commissioners. composed of five members, Clerk of irruit Court Property Appraiser, Sherif ® ,. Supervisor of Elections and Tax Collector. The Board of County Commissioners is the legislative dy of Monroe County as such budgets and provides all funding used by the separate Constitutional Offices with the exception 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 system or the County's, operations. including those of the Supervisor of Elections and the Clerk Circuit Court® which are included 'in the General Fund, but excluding those of the Property Appraiser, Sheri ff and Tax Collector, each of which maintains its own accounting system. The Board not a legally separate or fiscally independent unit of :the County. Accordingly. it is considered a part of Monroe County's primary government an is included as such i Monroe County Comprehensive Annual Financial Report. C-14 NROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1997 NOTE 1 SUMMARY OF .SIGNIFICANT` ACCOUNTIN POLICIES (Continued) Services provided by the Board and accounted for within these financial statements include olio services unincorporated areas of the County; health and social services, emergency medical services, cultural and recreational programs. solid waste services other governmental services. Basis of Presentation - The accounts of the Board are organized on the basis of funds and account groups, each of whichis considered a separate accounting entity, Fund structures® where applicable. have been designed to comply i 11 requirements of the bond resolutions and regulatory provisions or administrative action, The operations of eachfund are accounted for with set of separate self-balancing accounts comprised of its assets, liabilities, equities, revenues and expenditures or expenses appropriate. The various funds are grouped by type in the financial statements. The following types and account groups are used by the Board: GovernmentalFunds Genera`{ Fund - The General Fund is the general opqrating fund of the Board. All general tax revenues and other receipts that are not required either Legally, or by generally accepted accounting principles to be accounted for i other funds are accounted for in the General Fund® Special Revenue Funds - pecial 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 f Proprietary Funds. C-15 MON OE COUNTY® FLO I➢l BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FIIAICIAL STATEMENTS SEPTEMBER 30, 199 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) capital Proiect Fronds Capital Project Funds are used to account for resources segregated rese� acquisition or construction of major capital facilities ether than those financed by proprietary, operations. Proprietary Funds: Enter rise Fu des ® Enterpri'se Funds are used to account for operation s that are financed and operated'in a manner similar private business enterprises, where the stated intent is that the cost (expenses, including depreciation) of providing goods or services general public on a continuing basis 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 polio, management control ® accountability or other purposes. Internal Service Funds - Internal Service Funds are used to account for the financing of goods or services providedby one department to other departments of the Board or to other governmental, its on a cost reimbursement basis. Fiduciary Funds: Ear endabl� Truk Funds m Expendable Trust Funds '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. A Inc 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 organi ations other governments or,ofher funds. C-1 MOMROE COUYLYm FLORIDA BOARD OF COUNTY COMMISSIONERS MOTES TO COMBINED FINANCIAL STATEMENT'S SEPTEMBER 30, 1997 MOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Account Groups: General Fi red Assets Account Grou This account 'is established to account for all fixed assets of the, Board® other than those accounted for in the Enterprise and Internal Service Funds. General .on -Term Debt Account Grou This account group is established to account for the long-term debt of the Board financed from Governmental Funds. Basis of Accounting e accounting and financial reporting treatment applied to a fundis 'determined measurement focus.. All Governmental Funds and Expendable Trust Funds are accounted for using a current financial resources measurement focus. With this measurement focusonly current assets and current liabilities generally are included on the balancesheet, Operating statements of these funds present increases 0. . , revenues and other financing 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 thismeasurement focus al.1 assets and all liabiltties associated with' the operation of these funds are included on the balance sheet® Fund equity (i .e. , net total assets) is segregated into contributed capital and retained earnings components. Proprietary fund-type operating statements present increases (e.g. . revenue) and decreases ( m ® expenses) in net total assets asis 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 of the measurements made regardless of the measurement focus, applied. The modified accrual basis of accounting is followed in the Governmental -17 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS S PI ER 3 , 1997 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Funds® Agency Funds® and Expendable Trust Funds. Under the modified accrual basis of accounting, revenues are recognized it accounting period in which they become susceptible accrual - that", . when they become both measurable and ava,iTable to finance expenditures of the current period. Available arrears collectible within the current period or soon enough ther°afterµtu be used to pay liabilities t current period. Primary revenues,,, which include taxes intergovernmental revenues charges for services, rents and. interest are treated s susceptible to accrual under the modified accrual basis. Receivables related to these revenues are not recognized unless they are collectible withi days after ` the fiscal , year end. Expenditures and transfers out are recorded when the related fund liability is' incurredl., Exceptions to this general rule include: ( ) the long term portion of accumulated sick pay, vacation pay, and compensatory, time, which is not recorded as an expenditure'; ( ) prepaid items, which are reported only on the Balance Sheet and do not affect expenditures; and (3) principal and interest n long-term debt® which are recognized when due. Budgets for Governmental Funds are alsoprepared on the modified accrual basis, with certailn exceptibns described under budgets and budgetary data® In applying the susceptibility-t -accrual concept to intergovernmentalrevenues, the legal contractual require rats of the , numerous individual programs are used as guidance. There are, however, essentially two types of these reve es, In one. monies- must be expended on the specific purpose or, project before any amounts will be paid to the' Roard; therefore, revenues are recognized based on the expenditures recorded, In, the other, monies' r virtual: al unrestri te�d t purpose of ex ndi ure and, su stantiallY irrevocable; revocable only, for failure to comply', with prescribed compliance requirmlents, such as equal employment opportunity. These resources~ are reflected as revenues at the timeof receipt or earlier if they meet the availability criterion. licenses and permits® charges for services, and miscellaneous revenues (except C-18 MONROE COUNTY® FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1997 NOTE I m SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued investment earnings} are recorded as revenues when recoi Ah cash, because they are generally not measurable until actually received. Investment' earnings most fines and forfeitures are recorded as earned since, they are measurable n available. Proprietary Fronds 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. ud: is and B d, otar Data - The followingare the statutory procedures followed by the Board of County Commissioners in establishing the budget for the Board. I} On or before May I of each year, Sheriff® the Clerkof the Circui Court, the Tax Collector, and the Supervisor of Elections shall each submit to the Board of County Commissioners a tontative. buidget for their respective offices for the ensuingfiscal year. 2} Within fifteen days after certification of the ad valorem tax roll, the Property A:ppraisnr, the County Budget Officer submits to the Board proposed budget for the, fiscal year commencing he following October i. The budget includes proposed expenditures and the means of financing them. 3} By Board resolution, a tentative budget is Submitted to the public. Public hearings are held to obtain taxpayer co entsl� , } Fifteen days after adoption of the tentative budget® a final budget is submitted review and adoption at a finalpublic hearing. C-1 MC ROE CQ1UNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS ROTES TO COMBINED FINANCIAL STATEMfENT SERTEMBEp 30, LOOS NOTE I—, SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) ) Prior to.., -or on September 10., the Board's budget is legally 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. 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 Board operations r department. 1 other budget changes -(whether they re transfers between cost centers' or alterations f total seven expenditures in a fund) are approved bythe Board, Supplemental appropriations were necessary and the budgetary data presented herein amended by the Board during the year In a legally permis bla anner 7) FloridaStatute 129, Section .' as amended i u provides that only expenditures in excess of toted fund budgets are unlawful ,' 1awful , However, because the Board l acts on all budget changes between cost centers, this becomes the level ofcontrol Budget o Actual Expenditure reports "are employed as a management control device duri ,year for all 'fund types. Budgets for all funds are adopted on a basis consistent with general ", accepted accounting principle ( P) for that fund ypie except for revenues and expenditures relative to tax anticipation notes and revenues and expenditures relative to debt and capital outlay for. proprietary funds. Budgetary versus GAAP diff6rences are described in a of 1 owing, note m ) All- a pr o'pri ati ons lapse at year end. C-20 MO OE COUNTY FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1997 NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Inventb ® Inventory, in the General, Fund consists of certain supplies which are stated at cost using the moving average cost method" The inventory is determined by a monthly physical count. No reserve has been established within the General Fund balance as the co'nsumption method i s used to account for this inventory.' Investments - Investments® with the exception o those held 'by, deferred compensation plans, are stated at cost., wrhich approximates market. Investments held by the deferred compensation n are stated at market value, The Board pools cash and investments, excluding those requiring or benefiting y separate investment® Thi s gives the Board the ability to maximize its yield on the short-term investment of cash, increasing its income a rdrdf..n ly. Interest earned on oledinvestments is allocated to the participating funds, based on their average daily balance. Individual fund deficits are, ignored i the allocation of interest,,. General Fixed Assets ss,„ General Fixed Assets are recorded as expenditures, i the General Fund, Special Revenue Funds, Capital Project Funds and other Governmental Fund types at the timeof, purchase and are capitalized at cost i the General Fixed Assets Account Groups Fixed assets consisting of certain improvements including roads.., bridges, curbs and gutters, streets and sidewalks, drainage systems and I igting systems have not been capitalized,. ifts or contributions are recorded in General fixed Assets at estimated fain market value at the time received. There is no, depreciation expense recorded. on General Fixed Assets, grater r�i se...and Iw terna1 erv�i ce Fw r� Jed Assets Additions oEnterprise C- 1 MONRO ' COUNTY, FLORIDA BOARD OF COU COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBBER 30, 1997 NOTE 1 �,�,,,,,' SUMMARY OF SIGNIFICANT .ACCOUNTING, POLICIES (Continued) and Internal, Service Fund! Fixed Assets are stated at cost. Depreciation has been provided using the straight-line method. The est'imatcd useful Tines of e various classes depreciablei assets as f l,lows: l f Year it ins and Other Improvements 7-40 Machinery and Equipment -1 Improvements other than Buildings50 De reciation of Contributed Assets Depreciation recognized on assets acquired or constructed through grants externally restricted for capital acquisitions acquisttions is recorded s an operating, expense in the related proprietary funds. Capital Lease Obliclatiuu 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 leased assets capitalized, less payments since', the inception p t lease discounted t the implicit rate of interest i the lease. Also, 'i year an . o. asset is. acquired by Capital le ea the expenditure for the asset and the offsetting amount of the financing source are reflected, in the Statement of Revenues. Expenditures, and Changes to Fund Balance. Assets acquired under capital- leases In non-Enterprise Fonds are accounted for in the General Fixed Asse . Accounit Groups Capital lease obligationsEnterprise Funds and cost of assets SO acquired reflect d in the accounts .of those funds. Unamortized Debt Egqnnse Unamorti. ed debt expense of the Enterprise Funds is " amortized bey using the straight-line method over the lif'e'of the debt. C-22 MONNOE COUNTY, FLORIDA BOARq OF COUNTY COMMISSIONERS TES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 199 NOTE 1' SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 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 type$.. Encumbrances are not the equivalent of expenditures-, therefore, the encumbrances are reported as reservations of fund balances' at year end and reappropriated the following year. Property Taxes -,- Property taxes. based on assessed values at January 1, are levied become due andpayable November 1st of each year. A four percent discount is allowed if the takes are paid in November, with the discount declining by one percent each month thereafter. Taxes become e'l.inquent on April 1st of each year, and tax certificates forte ful6C amount of any unpaid taxes and assessments must be sold later than dune 1st o each year . No accrual. for the property tax levy becoming due in November of 1997 is included in the accompanying financial statements, since such taxes are collected to 'Finance expenditures of the subsequent period,, Compensated absencesBoard policy grants employees annual leave and sick leave. 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 employment t employees ,with fiveyears or more of 'credited service, subject to percentage nmaximum hour limitations. Accumulated annual leave, sick n related benefits ar 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 i „ reflected fn the Fund' financial statements on the accrual basis. Cash and Cash E uiva� r For purposes of the statement of cash flows, the Proprietary Fund Types consider " highly liquid investments (including restricted assets) with a maturity of three months or less when purchased to e cash equivalents -2S MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS -NOTE TO',C )MBINEDIFINANCIAL STATEMENTS EPTMBFR,,, 30 1 1997, NOTE 1 ,,- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Total Col' rans on Coined Sta.te�rents weriew Total coldmns on the Combined Statemts- - Overview (General Purpose Financial Statements) are captioned 86Memorandum Only" to indicate that they are presented only to facilitate financial analysis. Data An these columns do not present ,fin nci l position. results of operations, -,cash flows in conformity with. generally accepted accounting principles, and such data I s . not comparable consolidation. Interfund eliminations have not been made in the aggregation of, this data NOTE 2 ",,,;aCASH, C M,EQUIVALE INVESTMENTS Cash, cash equivalents, and investments consist of the following at September ® 7; Restricted Cash and Cash and Cash with Investments Investments Fiscal ent Total Amount Invested in County's Pooled Cash Program ,177.210 2,03 .291 6 98,213,411 Demand Deposits 9,657,395 5,1 5,535 7. 71 14,741,901 Investments 20.020, 81 __?Q,020,416 Flor,i,da Statute 125-.31 authorizes the Board to invest surplus fiends in the f 11owin the Local Government Surplus Funds Trust Fund render the management ement of the State Board of Administration b) the Florida Counties Investment,Trust Fund under the sponsorship of the Florida Association of Counties and the Florida- Association of Court Clerks Comptrollers C-24 MONROE COUNTY, FLORIDA HOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPT ER 0, 1997, NOTE w CASH, CASH EQUIVALENTS AND INVESTMENTS (Continued) ). negotiable i r of obligations of, or l° gatiohs of 'wl i h the principal and interest are unoon itiwally guaranteed by, the .Sm Government ` ) interest bearing time,deposits or savings accounts in banks and swings and loans organized under state laws or doing business and situated in the state, provided 1 ateral requirements are obligations of the Federal Home Loan Mortgage Coroati ) obligations, oif the Federal National Mortgage Association g) commercial paper of U.S. corporation's having' a r ting . f at least two of the following three ratings: and F-J as rated by Standard Poors. Moody's and Fitch Investors Service rating services Bankers' acceptances that are eligible for purchase by the Federal Reserve Banks and have a letter of credit rating of M or better i - Tax-exempt obligations of the State of Floridaits various local governments, including Monroe County. Tax exempt obligations with a rating o less, must be, an insured issue through MDIA or an equivalent company. Issues rated + or higher may or may not carry an insurance backing® De osits , 1 Demand and time deposits are fully insured by Federal Depository Insurance and the multiplefinancial institution collateral pool required by Sections 280.07 and 280.08,, Florida Statutes,, C-25 M NROE COUNTY, FLORIDA OOARD OF CO'ONTY COMMISSIONERS e NOT TO CO M 1,IED FINANCIAL STATEMENTS SEPTEM ER 30 a 1997' NOTE 2 - CASH, CASH EQUIVALENTS AND INVESTMENTS (Continued) Investments - The U.S. Government Securities Bard' agent f the Board's- name. Carrying. Market Amount Val uue U.S. Government Securities 18,177.821 $ 16.066„2 3 -Local Government Surplus Funds trust Fund e . 1 98. 13, 11 (erred Compensation Plans 1 2�� 6 1.842, 6 UjLULZg=7 LjjLL1=2M NOTE 3 - MORTGAGES RECEIVABLE Mortgages re eiva ble at September 30,. 1997 consist -of the following- Community Development Block Grant: Second Mortgages Receivable from individuals. collateralized by land and buildings, payable in monthly installments of $3,622 including interest a W final payment due March 1. 2004. 387.274 Second Mortgages Receiv le from individuals, collateralized' by personal residences. The it amount of the loan 1 forgiven ,over a ten year period at rate of on fifth, r year. beginning on the 7th anniversary of the completion of the construction of the im!prQvements funded by the mortgage, provided that the mortgagor complies with the Mortgage covenants. 249.948 . Second Mortgages Receivable from individualism collateralized by personal residences. The entire balance of tmortgage 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~ 72,066 Local Mousing Assistance Second Mortgages Receivable from individuals. collateralized by personal residences. Commencing in year sixteen of the mortgage, principal and accrued interest t 3 will be forgiven at the rate of 6.66% annuallyv The entire principal balance., and accrued interest will be forgiven at the end of year thirty.., 1f the residence is sold before the initiation of the forgiveness period, the full amount omortgage and acc.r red i ntere t is due at closing. °24 , 2 C-26 MONROE COUNTY, FLORID BOARD OF COUNT" CO ISSWNERS NOTES TO COMRINEO FINANCIAL ST TEM NETS SEFTEMRER 30. 1997" , NOTE 3 -- MORTGAGES RECEIVABLE (Continued) Second Mortgages Receivable from individuals collateralized personal residences. Principal payments shall be, deferred for the ter 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 1 r annum from ate when payment of the second is dui. In the event the home i sold. transferred. rented, refinanced or the first mortgage loin 'is satisfied, the entire,mortgage balance's due. 885.500 -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 `interest free. 4 S 1. 0055 Except for the local housing assistance mortgages, the mortgages receivable are wally offset by a fundbalance reserve which indicates that they do notconstitute, Wavailable spendable resources" even though it is a component of total assets. The local housing assistance mortgages are offset by a related deferred revenue account.. NOTE 4 INTERFUND BALANCES Individual fund interfund receivable and payable balances at September 30, 1997 are follows: lnterfund lnterfund Fund ecei�ablt Pa able General Fund 396 353 454,952 Special Revenue Funds„ Affordable Housing Programs 55.186 703 Fine and Forfeiture 37 2„067 Road and Bridge, 963,064 104,142 C427 MO ROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED HIANCIAL SLATEMENTS SEPTEMUE . 3O, 199 NOTE 4 I T RFUNU BALANCES CCo flu 'Tourist Development All districts, 2 Cent 2� 760 Tayrist levelo nt inistrati9e and Pr ., 2 Cent 27.789 Tourist Development district fte, 3 Cent 14,198 Thuurist Development district p�wo. 3 t 30 Tourist Development Ilittri t ree„.3 Cent 25 Tourist Devolopment District Vour, 3 C4nt 7® t l"puurist development District ive. 3 Cent 4,073 Governmental Fund 'Type Grants - 267.315 95,340 fire and Ambulance District #1 a 2,262 2.244 Planning. Building and Zoning 1.200 73o-099 Parks and Recreation 255 1.510 Impact Fees Roadways 618,73 Impact Fees Parks and Recreation "32 U r Keys Health Care � � � 2,846 Cudjoe Gardens Culvert 4,381 jolly Roger HSD _L167,258 I. •1 Debt Service Funds, 1991 Sales °Ts,Revenue Bonds 1LO Capital Project Funds, Cent 1ntrstructure" uurta 65 663 1 2 270 Enterprise F se Ruunicipal Service District - Waste 23,039 110,722 Card Sound Bridge 50,671 Marathon Airport 362,095 1.733 Key West Airport 794.495 34 ; __LL79,629 Internal Service Funds: Worker's Compensation 28 Group Insurance 380 Risk Management 6,546 1,194 Fleet Management 9d` 12 84Z 2 . C- R MONROE COUNTYFLORIDA BOARD OF COUNTY COMMISSIONERS NOES TO CAME NO FINANCA STATENENS SEPTERER 3O„ 199 NOTE 5 - RESTRICTED SETS Restricted Assets include those provided for by resolutions adopted by the County Commission for the issuance of the Municipal Service District , Waste Revenue Bonds, Refunding Improvement Revenue Bonds, Series 1993/ 3® Refunding Improvement Revenue Bonds, Series 1993/88„ Sales Tax Revenue Bonds® Series 1991, and Airport Passenger Facility Charges, Total restricted assets as of September 30, 1997 are as follows-, Cash. Cash.. gui v e Inves"en s Enterprise Fund - Municipal-Service District m baste Renewal and Replacement Fund 1,240.827 $inlcing Funds 625,205 Landfill Closure tscrow 1,61.m30 Fnter ri se Find m, arath�n �i r p Passenger Facility Charge Funds 2 Cnrrise Find , ke� hest Air nrt Passenger Facility Charge Funds 1„833„060 Refunding Improvement Revenue 0onds„ Series 1993/ 3 Debt Service Find Sinking Fund 35992 Refunding Im�r�verent Reyeerue 0®nds> Series 1993/00 Debt Service Fund Sinking Fund 4, .Zq4N,7.. Sales Tax Revenue Bonds, Series 1991 Debt Service Fund Sinking Fund $21,200 Due From, d hoer Funds I10„ 00 11„200 C-29 ONROE Dfl N' FLORIDA, BOARD OF COUNTY COMMISSIONERS TES. TO COMBINED FINANCIAL STATEMENTS SEPTEMNER. 30. 19,97 NOTE 6 RESERVES FOR RESTRICTED' AnSSETS AND DESIGNATIONS.DESIGNATIONS .OF FOND BALANCE Reserves representing the excess of amounts ,p ovi for certain restricted asset accounts nts over,, the liabilities payable therefrom are established „a reduction of retained earnings or fund balance, The `following schedule reflects the reserve account balances at September 30, 19 7: Enterpri e Funds Municipal Service District Waste: Reserved for Debt Service $ 356,@9 .9 Reserved for Renewal and Replacement 11240277 597`„74 . Debt S rvi ce. und,s Refunding Improvement Reven a Dondls, Series 1,993/83 Reserved for Debt Service 359,281 Refunding Improvement Revenue Bonds. Series 1993/88 Reserved for Debt Service 478,737 Safes Tax Revenue Bonds, Series 1991 Reserved for Debt Service1� 841,111, a Retained earnings and fund balances are reserved to the extent of the excess of restricted assets, over liabilities payable from r st.rict d assets as ofTows: Total restricted assets $ 72® 3 Less. Restricted assets for which retained earninos arent required to be reserved 3„6 7. ,506 Uibi3ities payable from restricted assets 1 1 C-30 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS 'NOTES TO COMBINED FINANCIAL. STATEMENTS SEPTEMOER 30. 1997 NOTE 6 RESERVES FOR RESTRICTED ASSETS AND DESIGNATIONS OF FUND BALANCE (Continued) A portion of the unreserved fund balance in. Special' Revenue Fund,,., Tourist Development District One, Three Cent has been designated for ari beach nourishment projects. NOT .,�, PROPER The following i summary of changes in General fixed Assets for the ,year ended SelytOmber 30, 199�7d 1996' Additions Deductions `1997 Land $ 19.452, 76 $ 1364.672 $ 142.450 $ 20,675,096 Buildings 67,896,783 3,480.279 , m A�,377,062 Equipment .535„145 ' 1,809,645 1w697.754 25,647.036 Construction inProgress: Truman Offices 2.996.243 2m 36,337 5m122j5 0 Key Largo VFD 11259,821 134 1,259,955W Other Construction 2,198 2'96 1m�7D�3, �22 � 113 ,365 2a142„155 1U§ Ll0 .5 4 D9 4 2 5 44 3g An additional $3,642.579 will he required to complete the construction projects under present contractual' agreements: tt is theBoard's policy to not capitalize interest on construction projects financed with debt proceeds., MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1997 NOTE 7 PROPERTY (Continued) Proprietary funds propertY, plant and equipment consist of the following September 30,, 1997W 1'nternal Enterprise Service "un . uds Land $ 6.132.875 $ 54,000 Buildings Improvements 1 1�402 a Equipment 15,674ri,175 1,456,73 Construction in Progress ,431, 767 Total Property 371§250,710 2,915,432 Less Accumulated Depreciation 14, 7 2 013.266 Net Pr per'ty 212,.3113t,028 x _ L 2 a 16 NOTE 8 - TALC AN ICIPATION NOTES Tax anticipation notes payable September 30, 1997 ll intorr Ma Amount due to .hand.. r� tuber 30a997 with interest payment to be funded . 't e first proceeds df :taxes, levied for the 1957-1 9 fiscal year,,,,, proceeds of the note to be used for the impr vement, df certain roadways located in the Winston 'Waterway su division $ 59,m 000 C-32 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS E'.P�' '0, 30� 197 NOTE 9 LONG w TERM( DEBT The following is summary f changes in long-term debt for the year ended September . 199 w Debt Debt hsued Retire 1997. C 6eral Lo Ter qe t ro_u Revenue Bonds 37,260.000 $ S 3,655,000 33,605.000 Accrued Compensated Absences 1 52HE 90,15 0 - 13A7 Subtotal L; a92, „ 000 35.218.072 Revenue Bonds 8,49OiOOO 335.000 8,155,000 Accrued Compensated Absences 371,541 3.,125 374.666 C4pitalized Lease Obligation 0:_448 799. 3 Subtotal _1�0„007' 12 3°�125` 01�448 .0 28 01 TotalL.1j, 4 . Bonds parable at September 30,, 1997 from Proprietary Funds are,, composed of the following issues: ,Enterprise Revenue Bands ® $9,570,000 1991 Municipal Service District Refunding Improvement Bands due in annual install— ments of $3 5,000 to $735,000 an October 1, 1997 to October:l,, 2011; interest at 6.OX to 6.75% e155 000 Bands payable September 30, 1997 from Governmental Founds are composed of' the following issues: C-33 MONROE COUNTY, FLORIDA BOARD OF COUNTY CO ISSIONFRS NOTES TO COMBINED FIN .4IA,L STATEMENTS SPPTRER 30, 1997 NOTE 9 - LONO�TM DEBT (Continued) Revenue 0�onds - $42,415,000 1991 Sales Tax Revenue Bonds, Series 1991 due 1 n annual installments to n April 1. 1990 through April 1. 2004. interest a o 6,2% $ 27,240,000 Revenue Bonds w $1,185,000 1993 Refunding Improvement Revenue Bonds, Series 1993 due in annual installments of $ 90, o $200,000 on July1. 1998 ® 1999: interest at 4.51 4.75% 390,000 Revenue Bonds �� $7.230,000 1993 Refunding Revenue Bonds, Series 1993 duein installments of $385 t $640,000 on December 1. 1997 to December 1, 2008; interest .at 41 to 5.0% 5 75.g00 33 05.00 �asepent Event y resolution .-adopted January 1j 1990j, the Board authorized the refunding of a portion of the 1991 Sales Tax Revenue bonds with the proceeds of another bond issue, It is anticipated that the County will receive a present value savings of $1,007,784result of this refunding. Debt Service undin R uire nts - The total annual debt service funding requirements for all bonds outstanding (net ,of sinking fund balances) t September 1997, consisting interest payments o $12,268.978 and principal payments ,020, follows® Revenue Bands Year Ended — Pra rietAE Funds Governmental 5e tuber 30 Amount Interest Rate Amount Interest_ Rate 1996 890,788 6.00 - 6.75Z 5,668.29 4.10 ® 6.20% 1999 898,288 6®1 a 6.75; 6.663,455 4.30X - 6.20 2000 893.380 6e30X 6.75% 5.446,720 4.50Z 6.20Z 2001 896,605 6m40X' m ®75X 5.437,425 4.70Z 6.20% 2002 892.485 6. 0% 6.75t 5.424. 20 4.80% 6.20 2003-2007' 4_'437,622 C60Z 6.75% 12.837.900 5m00X W .20 2008- 11 3• '29• 635 672.000 5.00Z Total ULUA JO 41 ]. 0 4 0 C-34 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS x NOTES TO COMBINED FINANCIAL STATEMENTS SERTEMBER 30, 1997 NOTE 9 LONG-TERM DEBT (Continued) Year Ended e eor 3 Tota 1998 6,559,078 1999 6,561.743 2000 6,340,100 2001 6,334,030 2002 6,317,105 -2007 17. 7 , 2 2008- 3.901,40 Total p00®97O e amount available in the Debt Service ends to service the 1991. 1993/ 3 and 1 93/ 8 revenue bends is $842.169. Restrictive Covenants and Collateral Re u aermerlts - The 19 3/93 Refunding Improvement Revenue, Bonds are payable from and collateralized lien n an pledge of the racetrack funds received Monroe County from the State of Florida. The 1993/88 Refunding Improvement Revenue Bonds are payable from and collateralized first lien upon and pledge of the Guaranteed Entitlement portion of the Revenue Sharing Trust Fund for Counties and the Second Guaranteed Entitlement for Counties paid by the State of Florida� The 1.991 •Municipal Service District Refunding Improvement bonds are payable solely from ateralized by a prior lien upon and pledge of M charges for se;rvioe levied n ly against residential- property within the Monroe County Municipal Service District (the "District"') , Monroe County® Florida for he availability and furnishing of certain solid waste disposal services, 00 payments received from franchisee solid waste collectors with respect to C-35 ' MONROE COUNTY. FLORIDA BOARD OF COUNTY COMMISSIONERS , NOTES TO COMBINED FINANCIAL STATEMENTS S,EPTEMBER30,. 1997 NOTE 9 LONG-TERM DEBT (Continued) commercial propertywithin 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 excludingstate o federal funds received from, time to time by the District and (10 certain investment income received the Dist,rict. Under the terms of the enterprise" revenue bonds ,,issue,, the Municipal Service i stri ct is required, among other things, to establish rates to collect fees and charges which will be sufficient at al I,. times to- pay, of the Maximum Debt Service Requirement Ion the Series 1991Bonds and on all; outstanding Parity Bonds, plus 100% Q,t all reserve or other, payments including the cost .of Operation Maintenance and deposits, for Renewal and Replacements 4f Facilities. The Municipal Service istrict was in compfiance -with those; covenants for .the year ended September 30, 1997. Bonds and the interest payable thereon will not constitute a general obligation of the District, Monroe-Cou'nty 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 Co ty,& or the State Florida., e 199 Sales Tax Revenue Bonds are payable from collateralized lien n pledger -of portion f the proceeds of the one cent local government infr°astr«uture sales surtax on deposit in the trust fund established for the County in the FloridaState Treasurys allocated for and distributed, monthly to the Board. NOTE 1 DEFEASANCE OF.-DEBT The following schedule reflects the outstanding rind al on refunded bonds, by issuew as of September 4 30. 1997 Municipal Service District Improvement Revenue Bonds, Series 98 a defeased on December 6. 1985 using proceeds from the $9,211,774Municipal Service* isrit Refunding Improvement Bonds, Series 1985 .6,580,000 C-36 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES T COMBINED FINANCIAL STATEMENTS NOTE 10 DEFEASANCE OF DEBT (Continued) $9,,1211,'774 Municipal Service District Refunding Improvement Bonds, Series 1985; defoas d on April, 1, 1991, psi n proceeds from the Municipal Service District Refunding Improvement Bonds® Series 1991 6,02 ,669 Total Munici -1 Service District Ronde 12.606 $4.585.000 Card Sound Road and Bridge Improvement Revenue Bonds, Series 1993; dofeasod an March 8. 1994 using available c ;sh $2,155,000 Refunding Improvement Revenue Bonds® Series 1983; defe sed on January 1. 1993 osing'`proceeds from the Refunding Improvement evenue' Ronds, Series 1993/83 1,635,000 $5,000,000 improvement Revenue Bonds, Series 1988 defea ed on May 1993 sing Proceeds from the Refunding Revenue Bonds., Series 19 / . 0 $2,265.000 ,Improvement Revenue Bonds, Series 1988: defeased on May 1. 1993 using proceeds from the Refunding Revenue Bonds, Series 9 3/RR j30.000 Total General Revenu Bonds', 7 065m00 , .C"- MONROE COUN , FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS PTEM` ER 30, 1997 NOTE 11 LEE OBLIGATIONS � Capital i zed lease obligations consist of equipment lease purchases' accounted for in the ProprietaryFunds. The future minimum payments under capitalized leases consist of' the following atSeptember 30, 199 " Proprie ary° Fiscal year endin ' September m FU ds, 1998 S259 0 � 199 259.200 2000 259,200 2001 259,200 2002 259,200 Thereafter 1 05. 97 Total minimum payment Amounts representing interest 552 Present value of net minimum lease payments 9 5. .eased property which has been capitalized as of September 30, 1997 is as l 1 ows, Proprietary Funds , �5 O Rental expense under cancelable operating leases for the current year amounted' , to- $616,811. MONROE COUNT, FLORID BOARD OF COUNTY COMMISSIONERS NOTE,� -T0 CO 'RINFD FIRANCIA�L STATEMENTS SEFTEM ER 30, 1997 NOTE 12 - CONTRIBUTED CAPITAL Contributed capital consists of contributions from other .funds to proprietary funds, Contributed capital activity is as follows for the year ended September 301 ,, 1,997: 9 Additions 1997 Municipal Service District $ 3®311,.886 $ 1,000 $ 3,312,886 Card Sound Bridge 2,514,741 2,514,74i Marathon Airport 4.152,412 77,607 4,230,019 Key West Airport aS79®994 1. 27',345. ®007, 339 Workers" Compensation 621 - 62 Group Insurance Fund 2.527 2,527 Fleet Management 2.30 &6 0 1 643 2,304,231 13 864 769 LL§Q7 15 37234� NOTE 13 FUND DEFICITS The following find had a retained deficit at September 30.. 1997; Fleet Mana a ent - The 'retained deficit of $20,722 is the result of the current year operating Ioss and is attributed "to depreciation on contributed assets NOTE 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 tqTl,s for the use of the Bridge. Revenues in the Key West and Marathon Airports are generated by rents and user fees. The y inencial data year ended September 3 ..r 1997 for t above servicesr , oll e ,,. M NROE COUNTY, FLORIDA BOARD OF COUNTY -COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS ERTL RER 0', 199 NOTE 14 SEGMENTS OF ENTERPRISE ACTIVITIES (Continued) N'umicipal Card'Se , irvice Sound Marathon Key West i.tr°ict I(ridae Sri it rt t U OperatiitqRevenue $.. 1 345 498 9C �d7LS S 2, 62 j_AA05 20 S Ili Operating Expenses 13,452,269 521.215 1.16,7',0,0 2,402,006 17®542& 20 0epreciation and Arartization 976,318 67 42 !'2(i 1.332 926, Total Operatinij Expenses, 1. 019" ___L. ' 34 118 746 Operating Income (83,009) 277,0 (69i.137) '(039„520) (11.335m050) Operating Grants 227,648 284.988 545,69s 1�050.331. Investment In 779„242 229a513 T5p205 1'76.5g6' 10261.636 Interest Expense and Other Debt Service Costs 4652„147) (652.147Y 1Dss on Disposition of Assets (20.271) (1„257) (190) 11'M7) (22.765) Operating Transfers Ire 901m022 362,094 704.537 2„053„453 Operating Transfers .,°.S�" -110) 0q) 20 fl b � )' Q 3 ) Net Income (Loss), 161,376 450,152 (97.960) 27014 801,282 Fund Equity, 1996 W158.916 0a015w0 51 6„43-1.946 5.1M197 30.5 .7.90.E Contributed Capital �� 0� „T1.6O7 1 427 345 1.505 952 Fund fqtifty, 1997 10.32.. S 9.272.007L_LJ?LW a LiZALM Assets " ) L.Ajfta S 7, , 6 Low-term Debt Acquisitio6 and Covistruction of Property 4 � 7 Net Working Capital 0. 46a6 2 1a690 7 Net Increase (Decrease) in Cash Flows -W 7 NOTE - BUDGETARY GAAP REPORTING RECONCILIATION The ac1companyingCombined Statement of Revenues,, Expenditures Changes `i MONROE-COUNTY® FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO'COMBINED FINANCIAL STATEMENTS SEPTEMBER 30. 19,97 NOTE 15 BUDGETARY GAAP REPORTING RECONCILIATION ('Continued) Fund Balances - Budget and Actq'al General , Special Revenue® Debt Service, Capital Project and Expendable Trust Funds for the year ended September 3 1997 presents comparisons of the legally adopted''budget i actual data on a budgetary basis. Because certain accounting principles applied for purposes of developing data on 0 budgetary basis differ from those used to present financial statements in conformity with GAAP, a reconciliation resultant basis. timing perspectivedifferences i e. Excess of Revenues and Other Sources over Expenditures and Other Uses for the year ended September 30. is presented s oo s- spe S Debt ap''Utal Expendable eneral Revenue �.. erw� re ects i"rust Excess of revenues and other sources over (under) expenditures and other ,�e 51 `1 0 saes �4 budgetary basis $ .�)0��1ba fa� 0 �1g3 x �w76a0,]) ) S � °F'A� AdJustmotsa To adjust expenditures for repayment of tax anticipation rote '71,000 To adjust for mortgages receivable (334,033) o adjust for mortgage loans made � � 33,4, 03 Total Adjustments dl 000 Excess of revenues and other soul ces over (Amder) expenditures and other uses , GAAP basis .• 4 7 ) LLZILM L—U= NOTE 1 a INTERFUND TRANSFERS eratidg Transfers during the year ended September -; 1997 ensis ed . f the foll 'wi n Operating Operating Fund Transfers In Transfers Out nera „Fund " 1,6 2,L53 ,15 " C 1 MROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED F1MANCIA:E STATEMENTS SEPTEMB R 30, 1997 NOTE 16 INTERFUND TRANSFERS (Continued) Special Revenue Fundst Affordable Mousing Programs 42,454 11.287 Road and.Bridges 815"7 9 61,572 Governmental Fund Type Grants 354,410 m Impact Fees -Roads 818,709 n Incorp Area Service Dist,,, Planning �,� � 100,000, w 215,578 991,5 Capital Project: One Cent Infrastructure Surtax 519,539L.201 . 32 Enterprise Fund: "Card Sound Bridge 50,000 Municipal Service O�istrict 901.822 991*,829 Marathon Airport 362,094 120.000 Key West Airport 79.537 99 � 2,05 `,453 ,561,368 5 20 n1 5 40_J1 NOTE 17 RISK MANAGEMENT e Board is exposed to various i of , loss related to tort theft of, . damage to, and destruction of assets; errors aand omissions; "',injuries t employees; and natural disasters® During the fiscal ,dears ended 1976, 1984 1988,and the Counter established the Worker a Compensation, Group Insurance,, and Risk Management Funds, respectively, as internal service funds to account or and finance 'its uninsured risks. of loss. Under these programs. the Worker's Compensation provides $325,000 coverage per claim. The Group Insurance Fund provides coverage , 00 for each medical claim.. Risk C-42 D MONROE COUNTY, FLORIDA A BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS S'E TEM EVI 3 ® 1997 NOTE 17 RISK MANAGEMENT (Continued) " ,, Management provides $100 for each general liability, public offici al liability and. auto .liability claim for $ 50,000 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 l-1 other risks of loss, Settled 'aims have not exceeded this commercial coverage in any of the past three years. All.- funds of the Board participate in the programs and make payments to the Worker"s Compensation,, Group Insurance and Risk Management° Funds based .on, estimates of the amounts needed to pay prior and current year claims. The claims liabilities reported at September 30, 199 are based on the requirements of Governmental Accounting tanda°rds. Board Statement which requires that a liability for claims be reported if information prior to the issuance of the f i nanci al " tatemnts indicates that it is probable that liability been incurred at the date of the financial., statements and the amount , of the loss can be reasonably estimated. Charges in,, the claims 11ability amounts in fiscal year 1996 and 1997 were: Worker®s Group Risk Cqaapensatipn Insurance na a nt Total 0alance at September 30. 1995 $ 250,000 2,030.876 734.617 $ 3.015,493 Current year claims a changes i.n estimates 1 n 97 w 4,2 6,396,551 627,128 8,921.521 Claim payments (1, 35�Q 2) (6. 0 m462) 253.534) (8,197.838) Balance at September 30. 1996 712.000 1.918,965 1„lb ,211 3,739,176 Current year claims and changes in estimate 1.424.265 7.130,6 0 300.236 8,935.129 Claim payments (1158.066) (6.910,40 ) (222 0,39) (8,291.310) Balance at September 30, 1997 6 4 C-43 MONROE COUNT' , FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEM ER 30, 1997 NOTE 1 -,,RETIREMENT PLAN Substantially all full-tire Board employees are participant's in the Florida Retirement System® "The $ys "'.: a multiple-e loyer, cost,sharing public retirement system. The System, is co'ntrolled by, the State Legislature and administered by the State of 'Florida, Department of Administration, ivision of Retirement, covers approximately full -time employees of variousgovernmental units within the State of Florida. The System provides for vesting of benefits after years of creditable service, Normal retirement benefits are available loyees who retire at, or after age 62 withor more years of service. Early retirement i available after-I after -IG years of service with a 5Z reduction in benefits 'for each year prior to the normal retirement age. Retirement benefits are 'based on 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 .Boardd' has no responsibility to the System other than to make the periodic payments required state statutes. The FloridaDivision of, Retirement issues a publicly avai-lable financial report that in I cludos, financial statements, Fequir supplementary information r System. T report may obtainedwriting Floridaivisi of Retirement® 2639 Monroe Street, Building C. Tallahassee, FL 32399-15 0. Participating employer contributions are based upon state-wide rates established by the State -of Florida. These rates are applied tior employee salaries as follows. regular employees, 17® , special risk employees, 7.10 . and elected officials. 27. 9%. T Board°s contributions made during e years ended September ; 1997, 1996, and., 1 95 were 71, ,000 and 7, 00, respectfully, equal to actuarially determined contribution requirements for each year;,, The Board has determined, in accordance,with GASB Statement No® 270 that there wasension liability before or at' tr°ansiti noP nPo C- 4 MONROE COUNTY, FLORIDA BOARD,OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER SBg 1997 NOTE 19 - POST RETIREMENT BENEFITS OTHER THAN PENSION n addition to,, the retirement plan described in the previous note., the Board provides post retirement health care benefits in accordancewith- state .statutes to all employees who retire from the Board on or after attaining age 62 withleast 10 years of tervice, and who are enrolled in the Board's group health plan. Currently 168 retirees eligible for this post employment benefit. Expenditures for post retirement health care benefits are recognized as the premiums are paid. During the year ended September 30, 1997 expenditures of .$91,605 were recognized post 'retirement health care. NOTE 20 m DEFERRED COMPENSATION PLAN The Board offers its employees a deferred compensation n created in accordance with Internal Revenue Code Section 457., The plan, availableo all employees, permits them to defer a portion of their salary until future years. The deferred compensation is not available o employees until termination,, retirement, death, or unforeseeable emergency. All amounts of compensation deferred under the plan® all property and rights purchased with those amounts, and all income attributable to those amounts, property r rights are (until paid or made available to the employee or other beneficiary) solely the property and rights of the Board (without being restricted to the provisions of benefits under the plan), subject only to the claims,,of Board's general creditors,, Participants' rights under the plan are equal to those of general creditors of the Board in an amount equal to the fair market value of thedeferred account for each particip nt4 The Board has no liability for losses under the plan but does have the duty of due care that would be required ordinary prudent investor. The Board believes .that it is unlikely that it will use the assets to, sat°i' fy the claims of general creditors in the future. C-45 ONROE COUNTY, FLORIDA BOARD OF COUN .COMMISSIONERS, TES TO COMBINED FINANCIAL STATEMENTS SEPT EMBER 30, 1997 NOTE 20 DEFERRED COMPENSATION PLAN (Continued) In August, 199C® Internal Revenue Service code Section. 457 was amended to require that amounts, deferred under a deferred compensati la i fined ' y state or local government mast be held in trust for the exclusive benefit of plan participants and their beneficiaries, 'Amounts deferred under existing plansneed 'not comply with the new trust requirements until January ' e; 1999. NOTE 21 .mw RECOGNITION OF CLOSUREAND POST CLOSURE COST' State and federal laws require requfre final cover and closure as well, as postclosure care of the Cou6ty's landfills. Recognition of the liability for' closur and post 'closure costs is based on the landfill capacity used to -date. The landfill capacity of the - ounty's previously operated landfills is 100 used substantially completed during year ended September 30, 1994. The County has another landfill sitei has never been used. Accordingly, no future closure cost , is accruable except four post .closure costs estimated to be incurred in the coning year, The Florida Department of Environmental Protection approved a post closure operating which permits the County to fund closure and po t. closure costs as an operai expense usingannual-, appropriations. The landfill iss -requir by state ° federal laws and regulations to make annual contributions to cash escrow account to meet financial assurance, requirements. The landfill i in, compliance with these requirements at September 30,, 1997 with cash and investments 'of $1,651,305 held for these purposes,, In the- event closure escrows and interest earnings prove inadequate due to inflation, changes i technology or additional post closure care requir mentsN these costs may need to be .covered'by charges to service users. NOTE LITIGATION The Board is a defendant in various lawsuits and ts"involved in other° disputes MONROE COUN'TY, FLORIOA BOARD OF GOUNIY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1997 NOTE 22 LITIGATION (Continued) wherein substantial amounts are claimed. In the opinion of the Board, these suits and claims should result in judgements or settlements which, i aggregate® would have a material adverse effect on theBoard's financial condition, NOTE 23 - COMMITMENTS AND CONTINGENCIES Crane Programs ® The Board participates in a number of federally assisted rant programs These programs are 'subject to financial and compliance audits by the, grantors or their reprosontatJi es. As of March 10, 1998 there were n material questioned or disallowed costs as a result of grant audits in process . or completed Arbitra Rebate In accordance with the Tax' Reform . ` 1986, any interest earnings on borrowed construction funds in excess of the interest costs are required rebated to the federal government The Board has estimated that there ill be no significant liability arbitrage rebate. Ire act Fee Refunds Unexpended r unencumbered funds arising from the collection of impact s may be refunded within one year following the end o the sixth year from date on which the impact fee was paid or within tree months of the noncommencement of constructs Industrial evelo ent Monds resolution adopted February 21, .1995® the Board authorized the issuance o $3,400,000 ofIndustrial Development Revenue Bons for the North Key Largo Utility Corporation Project. The bonds were subsequently issued March 9. 1995 and are secured by, a mortgage .,on certain real estate owned by The North Key Largo Otility Corporation. These bands do not constitute an obligation' County. 7 M NROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL GENERALFUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Burl of _.m...W._.., avrot U foo _... a _.. _Revenues: Tares 16,142,404 6,048,520 (93,884) Licenses and Permits 250,000 413,149 163,149 Intergovernmental 7, 29,223. 9, 08,297 1,679,074 Charges for Services 2,916,297 3,663, 17 747,220 Fines and Forfeitures 168,500 231, 10 63,010 Investment Income 455,000 932,879 477,879 Miscellaneous ... 237,683 s 31� , 16... T I eenues 26,099r1`07 31„211,3�8 3,1112a281� _. .. _ N..._ _w.._.. ., ._...__ ,._.W. _. .. ,.. Expenditures: Current, General Government.- Board of County Commissioners 1,261,220 IJ164,219 97,001 Clerk-Financial Package 100,000 �51,586 48,4114 Clerk of the Court-Administrative 219,883 213,865 6,018 Clerk of the Court-Jury Management 46,261 45,399 862 Clerk of the Court-Records Management 231,269 230,893 376 Clerk of the Court-Recording ,576 280,691 885 ClerkCourt-information Systems 403,355 403,3 5 Clerk Board of County Commissioners 733,241 733,241 -- Clerk Circuit Court 1,423 1,42 Public Records Trust Fund 102,287 82,642 19,645 Jerk of the Circuit C rt�Cominal 470,711 462,130 ,581 Clerk of'the Circuit Court-Civil 221,900 220,753 1,147 Clerk of the Circuit Court-Family 80,246 79, 36 Clerk of the Circuit Court-Juvenile 60,273 59,458 815 Clerk of the Circuit Court-Probate 39,582 39,083 499 Clerk the County Court-Criminal 405,902 402,918 2,984 Clerk the County Co rt�Civril 149,805 148,722 1,083 Clerk of the County Court-Traffic 369,090 ,5 , 2 Criminal Systems 78,490 76,356 2,134 Internal Audit 126,040 91,382 34,658 TDC Audit Function 141,510' 10,334 31,176 Insurances-Clerk to Board of County Comm 121,953 113,530 8,423 Insurances-Records Management 68,227 60,185 8,042 Insurances-Administration 48,023 47,642 381 Insurances-Jury Management 4,977 4,977 Insurances-Circuit Criminal 64,931 641931 Insurances-Circuit Civil 32,389 32,389 -- Insurances-Circuit Family 8,374 7s lnsuraances-Circuit Juvenile 7,217 7,21 1 D-1 (Continued) MIONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS S STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL GENERAL FUND -CONTINUED FOR THE FISCAL YEAR ENDED SEPTE BER 30, 1997 Variance Favorable ...mActual_ ..`_ e�._raable) Insurances-Circuit Probate 4,942 4,941 1 Insurances-Information Systems 28,177 28,177 -� Insurances-County Criminal 67,512 67,511 Insurances-County Civil 22,458 22„077 381 Insurances-County Traffic 5 , 31 53,631 -- County Attorney 813,415 591,250222,165 Property Appraiser 2,208,338 2,044,754 163,584 Tax Collector 2,956,293 2,832,211 124,082 Circuit Court 531,732 476,796 54,936 Guardian Ad Litem 130,847 122„400 8,447 Court Reporter 324,862 315,307 9,555 County Court 130,256 129,119 1,137 Pretrial Services 438,429 431,273 7,15 State Attorney 129,961 6112,978 16,983 Public Defender 183,569 169,306 14,263 Guardianship of Monroe County 69,921 68,850 1,071 Involuntary Civil Commitment Apoointrnent 40,000 30,869 „1. 1 Supervisor of Elections 813,791 736,300 t7,491 County Administrator 322,886 291,405 31,481 Information Systems 1,135,464 1,092,321 43,143 Office of Management& Budget. 461,508 410,465 51,043 Quasi External Services 75,000 14,122 60,878 PersonneltSafety 383,327 379,487 3,840 Public Works Management 148,893 147,582 1,31 Public Works Facilities Maintenance 3,909,073 3,759,084 149,989 ADA Compliance 182,872 53,079 129,793 Advertising 5,000 3,516 1,484 Public Safety Management 157,638 155,959 1,679 Community Services Management 99,386 74,972 24,414 Community Services-Marine projects 68,939 67„893 1, Total General Government 21,768,275.... 2 �20,691.... Wm ._ ._....,. Public af'etyt Medical Examiner 299,891 298,470 1,421 Emergency Management 193,296 166,180 27,116 Marathon EOC 62,039 51,760 10,279 Radiological Emerg Preparedness Grant, 438 438 -- Emergency Medical Services Coordinator 133,128 126,846 6,282 Fire n Rescue Department 196,592 79,28 17,303 Inter-Agency Communidabons 252,31 252,31 D-2 (Continued) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL GENERAL FUND CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable et Unfavorable) 5 .Actual _ _...._... .__ _ _ ......_.._ Emergency Medical Air Transportation ,000 50,000 Communications 425,034 397,19226,742 Red Cross Lower Keys 25,000 25,000 Total Public Safety 1,638,631 i,24,5,175 393466 Physical Environment: Extension Service 160,260 145,983 4, 7 Transportation. County Engineer 75, 7 0,451 35� 21 Economic Environment: Housing Authority-HUD7 Veteran's Affairs 342,970 328,457 14,,513 FETC Intake 12& 128 Summer Youth Employment&Training1 1 0`' � '0 . Total Economic Environment 30, 61 t. ,Human Services- Public Works Animal Shelter 664,187 568,312 95,875 Middle Keys Guidance Clinic 501,266 501,225 4 U'O r Bays GuidanceClinic 87,659 87,859 � Care Canter for Mental Health 214,629 203„156 111,413 The Heron 25,000 24,996 Monro6 County Assoc for Retarded Citizens 30,695 30,695 Welfare Administration 593,532 578,939 14,593 Welfare Services 799,500 668,567 130,933 Health Care Responsibility Act 180,064 33,977 146,087 Bayshore Manor 381,417 354,840 26, 77' Older Americans Volunteer Program 4,000 1,420 2,550 Legal Aid 17,500 14,173 3,327 Help Line 21,000 21,000 Domestic Abuse Shelter 23,000 23,000 Hospice of the Florida Keys 50,000 50,,000 mm, Big Brothers\BigSisters 21,010 21,010 � Florida Keys Outreach Coalition 6,000 6,000 Florida Keys Children Shelter 2 ,695 26,695 Wesley House 25,000 25,000 m (Continued) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONER" . STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL GENERAL FUND -CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable ul Actual (Unfavorable) Literacy of America �.�S 000 5 Total Human Services 3,679,3543 47,666 431,400 Culture and Recreation. Fine Arts Council 45,000 11,143 33,657 Summer School Recreation Program 54,120 42,924 11,196 Loiter Keys AARP 1,500 0 1 659 Middle Keys AARP 1,500 1,002 498 Peer Keys AARP 1, 1,500 Big Pine Ivey AARP 1, 1 Florida Keys Mouth Club 30,000 29,744 256 Upper Keys Youth C I 33,600 16,808 16,792 Heart of the Keys Recreation 16,000 16,000 -- Big Rine Athletic Association 16,000 18,000 -- Higgs Beach 98,150 97,762 Historic Florida Keys Preservation Board 4,275 4,275 Monroe County Museums 17,447 14,799 2,648 Library Amin Support 24 ,536 166,641 54,697 Library Key West 674,711 650,225 24,466 Library Marathon 239, 97 190,360 49,337 Library Islamorada 196,557 180,137 16,420 Library Key Largo 255,915 233,726 22,189 Library Big Pine Key 169,325 149,508 19,817 Library Donations-County Wide 70,2344 2,125 68,109 Library Donations-Key West 18,655 15,052 3,60 Library Donations-Marathon 4,644 1,643 2,601 Library Donations-Islamorada 9,057 5„ 7 3,510 Library Donations-Key Largo 10,943 2,535 6,406 Library Donationsflig Pine 6,099 __ 6,099 Florida History50 50 Total Cultural and Recreation 26n,01 . 156. ....�_ . ... �. ,66i ......_ µ2 p rc�,: . 1 `76 M.....n... 9 Total Expenditures 29,882,783.... ,1 n583 _. .2,716, 00::n Excess of Revenues Over/ (Under) Expenditures 1 q7 3, 6 4,044,805 Other Financing Sources/(Uses)- Reserve for Contingencies (564,722) 564,722 Operating Transfers from Other Funds 1,677,4541,632w (45,301) -4 (Continued) NROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS N STATEMENT OF REVENUES, EXPENDITURES AND CHANGES 1N FUND BALANCE ® BUDGET AND ACTUAL . GENERAL FUND -CONTINUED FOR THE FISCAL YEAR ENDED SEPT EMBER 30, 1997 Variance Favorable ble Operating Transfers to Other Funds 1,771711� .1b w1P 10bm t Total Ot er Financing Sour Uses) 0t 979 g7 S2 93 Excess of Revenues and Other Sources Over/(Under) Expenditures n Other Uses (2,442,655) 4,010, 00 6,453,463 Fund I n , October 1,1996 4� Fund Balance, September 30, 1997 M.. 1S $ 110 $ 6, 3,43 _.... _ . _ _: :w. ,. .... ._ :.. THIS PAGE INTENTIONALLY LEIrt BLANK MONROE COUN-TY,FLORIDA-BOARD OF COUNTY COMMISSI NE COMBINING BALANCE SHEET ALL.SPECIAL REVENUE FUNDS SEPTEMBER 30, 1997 P Affordable Fine toad Housing and and Law Prca rarna Forfeiture Brill Llbrar _:wm ASSETS Assets: Cash Cash Equivalents $ 156,120 $ 10,116,9468,212,644 30,883 Investments -- 1,859,515 4087,128 -- Accounts Receivable- Other 100 2 -- Allowance r Other Unoolleotible -- --Mortgage Note Receivable 709,265 -- Allowance for Mortgage Receivable (387,274) ®- Due from Other Funs 55,186 37 963,064 Due from Other Governmental Units — 1,397,731 462,056, 3,2155 Interest Receivable97 Total assets $___53 320 u $ 13 398 426 $ LIABILITIES AND FUND EQUITY Liabilities: A unts Payable 6,193 108,686 $ 254,375 2,134 Tax Anticipation Note --Accrued Wages and Benefits Payable 17,145 91,606 ° Accrued Comp.Absences Payable -- 1,843 17,352 -- Due to Other Funds 703 2,067 104,742 Due to Other Governmental Units 10,105 1,934 792Deposits in Escrow -- Deferred Revenues 322,014 Other Current Liabilities 145 -- Total Liabilities 339,015" 13.1 620 469' 42 , ,1 Fund Equity:` Fund Balances- Reserved for Encumbrances — -- Unreserved, Designated for Beach -- Unreserved, Un eignted ,. 3,266,606 Total Fund Equity "I, 4,30 _ 13,266,606 13,409,91 w _ 32A 4 Total Liabilities and Fund Equity 533 2q . mm13364m $ 79153 _ _. �1.3 - (Continued) M NROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET ALL SPECIAL REVENUE FUNDS-CONTINUED SEPTEMBER 30, 1997 Tourist Tourist Dev. Tourist Tourist Development, Admin. & Development, Development, All Districts, Promotional, District#One, District#Two, Two Cent o Cent Three Cent Three Cent ASSETS ......_.. �.._....�. w_...... ..�..,�...._�,__. ....w�. m �._.� ...�,m.. _._. Assets.- Cash and Cash Equivalents 2,359,454 2,964,129 2,134,062 238,741 Investments —Accounts Receivable: Other 34 Allowance for Other Uncollectible Mortgage Note Receivable � m® Allowance for Mortgage Receivable Due from Other Funds 24,760 27,789 ,19 Due from Other Governmental Units 13,784 26,563 12,963 1,157 Interest Receivable �® Total Assets $ e2397,996 m 3 (L5=1 2 211 2 &IT 2 � ww LIABILITIES ILITIES AND FUND D EQUITY Liabilities: Accounts Payable $ 215,524 $ 175,433 $ 101,406 $ 6,52 Tax Anticipation Note Accrued Wages and Benefits Payable 295 2,335 Accrued Comp. Absences Payable 129 1,032 224 �- Due to Other Funds Due to Other Governmental Units 1,511 �® Deposits in Escrow Deferred Revenues Other Current Liabilities — , , Total Liabilities 216„ 178,850 103,897 9 07'5 Fund Equity's Fund Balances: Reserved for Encumbrances Unreserved, [designated for Beach 388,126 _.unreserved, Undesignated , , my1,742,. _2.w3�4. 1,,6.6 5_,,.. 1,�71_9$'Iff 30� 653 . ..,.. 2.,107,323.... 0'33'._ Total Equity 2,181,742 ,641,665m , �_.Total Liabilities an _mm... of . w.M... .. 925 Fund Equity 2 397 9 P �w $ 11 220 E-2 Tourist Tourist Tourist Fire&Am . Development, Development, Development, Governmental District #1, Fire &Amnbo Dist. "T'hree, Dist.;#f our, District Wive, 'Fund'Type Lover and District Three Cent Three Cent 'free Cent Grants Diddle o s Tavernier $ 414,878 $ 509,346 $ 603,873 $ 9,457,440 $ 1,611,327 $ ®n — — 55,140 u . 1,851,326 mm -� (1,615,372) 25 7,067 4,073 267,315 2,262 o -1,597 2,415 3,040 528,774 49,211 7T $ 416 $ 16 626 $ 610986, $ 23529 $ � 9 $ $ 6,339 $ 9,643 $ 17,529 '$ 66,51 $ 147,26 $ 34 37 47 81,969 97,679' 16 17 21 34,445 12,06 mm 95,349 2,244 -� « ' 50,844 1,403 ' 8,059,143 — ®� 6,4 ,2,61 2 0 5-758 92,016 4101 11, 5091 31 3 36 '1 639 490 1801,927, 410,1 509,131 . m 4 � � m $93,� 1,645,246 1,6�93 943 $ 416 00 $ 518028 $ 610 986 $0 263„529 $ 2 1 5�4 6�0 $ , ( oniirtkie ) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET ALL SPECIAL REVENUE FUNDS-CONTINUED SEPTEMBER 30, 17 Translator Uninoorp. Uninoorp. Fire &Amb. System Area Service Area Service District#6, Service Dist., Planning, [district, ....... .. .. _ _.._. District .�.. Bldg. &Zoning Parks&Rec. ASSETS _. ........._._._ Assets: Cash and Cash Equivalents $ 405,285 52,671 3,278,131 547,818 Investments 887,444 Accounts Receivable: Other 8 2,090 51 s Allowance for Other Uncollectible -- --Mortgage Note Receivable -- ®- Allowance for Mortgage Receivable -- -® Due from Other Funds � � � 1 Due from Other Governmental Units 4,516 223 71,705 13,973 Interest Receivable 11,500 -- ... , Total Assets $ 409,809 $ 54 984 $ 4 249 985 $ 562, 47 LIABILITIES AND FUND EQUITY Liabilities: cants Payable 15,929 $ 17,886 125,911 24,263 Tax Anticipation Note -- -- -- Accrued ages and Benefits Payable 1,288 139,445 22,602 Accrued Comp. Absences Payable 31,944, 3,012 Due to Other Funds 73,099 1,510 Due to Other Governmental Units 690 414 34,568 Deposits in Escrow 4- 6,000 Deferred Revenues -- ®® -- -- Other Current Liabilities -- - -- Total Liabilities 17,90 171888 370,818 91,955 Fund Equity: Fund Balances: Reserved for Encumbrances 12,755 - 90 - Unreserved, Designated for Beach — -® -- Unreserved, Undesignated 9,1471 7e098 3,879,082 470, 92 Total Fund Equity 391,90 3" ,I 98 �879,172002, Total Liabilities and Fund .Equity �409809„ _��54984�.� $ _a,4 249,985 $ 562,047 Impact Fear, Impact Fees, Impact Fees, Impact Fees, Parks and ImpactF Hama, Impact Fees, Police Fire and Roadway _Recreation Libraries -Solid Waste Facilities $ 5,475,674 $ 495,869 $ 366,063 $ 1,62,340 $ 721,669 $ 134�,523 1,678,457 — — -- 4,29550 -- 1 $ � _. 66 $ =-j4L 2 340 , a 72166,9 $ 134523, 339 $ 3,000 $ 27, 7 $ $ 26,20 $ -- 818,735 7,328 2,846 6'19,0740126 ,79 79 2$��12 $6 40 6,356.607 �.� 2, 602 1343,. 469 6 3 �064 1 6, 66,607 489,636 340,04 162a34 692,,545 134a52 7 175 861: $� 50 0164 164 3 063 162340 7 6 . ._ L 3 m23 (Continued) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SKEET ALL SPECIAL REVENUE FUNDS-CONTINUED SEPTEMBER 3 , 1997 Upper Keys 911 Duck Key Local Health Care Enhancement Security Housing Spedal Fees District Assistance Taxing I3ist.._. ASSETS Assets- Cash and Cash Equivalents 560,436 71,497 162,337 1„535,345 investments -- 2,227,209 Accounts Receivable: Other 25, 93 -- -- __ Allowance for Other Un llectible -- Mortgage Note Receivable __ 1,181,308 -- Allowance for Mortgage Receivable -- - -- Due from Other Funds -- -- Due from Other Governmental Chits -- 2 314,405 -® Interest Receivable 2 ,5 25, 52 Total Assets 535,929 , " ..� :1683 744 ? ...., LIABILITIES AND FUND EQUITY' Liabilities- Accounts Payable 12,042 4,760 4,296 ,356 Tax Anticipation Notex -- �- -_ Accrued Wages and Benefits Payable 3,759 Accrued Comp. Absences Payable Due to Other Funds -- -- -- Due to Other Governmental Units 254 206 Deposits in Escrow -- -- -- -® Deferred Revenues Other Current Liabilities -- � -- Total Liabilities 1 ,04 0 1,1C$5„556 5I' Fund Equity- Fund Balances: Reserved for Encumbrances 9,024 -- ®_ 185 Unreserved, Designated for Beach Unreserved Undesignated 564,863 ..°n ,785,350, ..w. .. ..._ _ .3 _ '� 4970 3 .. .. ...,...... ..W_-.. Total Fund Equity 573,67 t6LI12. 497, 66 3,735,535 Total Liabilities Fund E ui B5 92 7 49 1,663,744 3 79'1 41B udjce Jolly Roger Winston Gardens Estates, Waterway Municip® Svc. Municip. Svc. Municip. Svc. Culy. Dist. CuIv. Dist. Taxing mist. Totai 199,613 78,427 69,180 53,378,721 — — 10,894,893 1,879,059 (1,615,372) -- 1,890,596 rt f (367,274 .. 1,3 7,256 1 2,91 ,66 '7mN° 1, $ ..; 199 #13 $ 78 427 $ 69 1I81 $ 70,488,424 1,404,119 59,000 59„000 112 86 459,856 , 102„115 4, 61 2,429 15,43 ®® 103,026 6,375 9,662,465 .... 5000 212 534 119,028 388,126 10„1 7Y1 ,936r __195,120 . ,912 10,0 1 57,6 51,890 ' 19 181 ..7_0 466.�424 e7 -MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Affordable Fine Road Housing and and Law Programs Forfoiture Bridne bra, ......... ............. ............. Revenues'. Taxes $ $ 29,206,099 $ 1,945,356 $ Licenses & Permits — — Intergovernmental 446,191 159,712 2,952,878 Charges for Services -® 3,644,443 30,493 — Fines & Forfeitures — 1,823,021 — 42,525 Investment Income 10,167 850,231 691,802 907 Miscellaneous 1.82 4,024 37,424 1j,346................. Total Revenues ,1 ... 35,707,530 5,657,953 44,780 Expenditures'. Current: General Government 612,055 29,270 Public Safety 32,649,540 Physical Environment — — Transportation — 5,459,021 Economic Environment 500,242 50,700 Human Services — 680,660 Culture and Recreation Debt Service Total Expenditures 500,242 33,261,595 190,381 29,270 ............. Excess Revenues Over/ (Under) Expenditures 2445a935 32 4?j8 IIS 5101 Other Financing Sources/(Uses): Operating Transfers from Other Funds 42,454 818,709 Operating Transfers to Other Funds Total Other Financing Sources/(Uses) 767,137 Excess of Revenues and Other Sources Over/(Under) Expenditures &Other Uses (10,894) 2,445,935 224,709 15,510 Fund Balance, October 1, 1996 205,199 10,820,671 13,185,202 16,494 Residual Equity Transfer In — — — — Residual Equity Transfer Out Fund Balance, September 30, 1997 $ 194305 $ 1326 606 $ 13409911 3 OHO= E-8 Tourist Tourist Der✓. Tourist Tourist Tourist Tourist Development, Admin. & Development, Development, Development, Development All Districts, Promotional, District#terse, District#Two, Dist.#Three, Dist. #Four, Two t Two Cent Three'Cent Three Cent Three Dent Three Dent 2,079,393 4,306,911 1,74 ,543 171,342 366,351 396,97 25,006 51,821 2 ,499 1,169 Ij603 3,07 106,754 121,286, 100,594 0,597 16,639 20,566 693 12,612 I t241 r.. s ......... 1, 11p646 4,404,630 1,564,636' 154,349 �. . 364,7 3 �,�•��. 427n629 1,706,736 3,775,403 1,368,546 126,675 293,469 261,466 .� .� mgginr � � n•.Kiq n , ..r..-nm..mm.�+u•MMm.�„^mw.....°"'""wa.n. .a....:.vv...�.._-x.a:.....�.._._._. .arrr,urr.r,n mw:uv,.—.:.c::...�.�. .rnF+r...mu+.:" r.:,anmmww •ww^w+-u.• 11,1,,. 1�3.6�. 3,775,40 3__„�...�,.1� .....•�546 „ ` 16,675, .�w 93469 261�,,�466.., 503,1112' 119 227 4 57 74 911 3� 1' 143 w 503,112 19,227 496,0 0 57,674 91„324' 166,143 1,676,630 2 12 ,436 1,611,233 173,179 3118,7873. 2,988 $ 23 , 653 $ 410 1 1 131 2 161=�° �,. n641� �' 2 07 323 ..� ._ E-9 (t ntinued) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS -CONTINUED FOR THE,FISCAL YEAR ENDED SEPTEMBER 30, 1997 Tourist Fire &Arab. Development, governmental District#1, Fire&Amb. District ffive, Fund Type Lower and District#5, Three Cent Grants Middle Keys Tavernier Revenues, Taxes $ 513,941 $ $ 3,720,181 Licenses & Permits Intergovemmental 3,587,070 8,590 Charges for Services 7,076, 1,44,683 689,006 Fines & Forfeitures — — Inve"stment Income 23,068 483,53O 156,638 Miscellaneous — 80,388 Total Revenues 295,671 4,578,030 Expenditures: Current General Government 1,175,132 172,217 Public Safety 292,373 4,242,536 Physical Environment 326,394 — Transportation — 163,751 Economic Environment 298,725 405,666 Human Services 1,756,752 Culture and Recreation 63,372 Debt Service — Total Expenditures __.298_,725 83,440 4,414,753 Excess of Revenues Over/ (Under) Expenditures 245,36031 163,277 Other Financing Sources/(Uses): Operating Transfers from Other Funds 354,410 Operating Transfers,to Other Funds Total Other Financing Sources/(Uses) ,., Excess of Revenues and Other Sources Over/(Under) Expenditures & Other Uses 245,360 466,641 163,277 Fund Balance, October 1, 1996 348,029 1',378,607 1,252,097 478,569 Residual Equity Transfer In 478,569 Residual Equity Transfer Out — Fund Balance, September 30, 1997 5,�93 389 18!5?.48..- $===22MS E-10 Translator Unincorpm Unincorp® Fire &Amb® System Area Service Area Service Impact Fees, District 6, Service Dist®,P'lanning, District, Impact Fees, Parks and e�La o District Bldg® &Zoning Parks& Rec. Roadways- Recreation 3,461,237 $ 1,024,555 -- -- -- 1,814,310 -- 4,60 1,340 -- __ -- _- 384,010 45,174 �. -_ 23,759 ,606 3,084 248,848 46,023 370,423 40,690 -- 270A04 27,5 2 9 �24 86e ;30. ....P.-...v.,.-......ww-+.,+wrv.w,W^,..:.,....., —.-.,...m. a. ..w..,re.q..w.. ..ww,.,. , ,,, .I. ..,mn"w. m.....om..w....,,. .,m,,,.,,,»m. .:...w.. ,...... .- _w- .^ ........,,» 422,339 3,452 5,947,0'57 1,145p884, 660, .. _.127,420 1 ,01 2,206,683 -- 38,266 -- 2,251,051 _- -- -- -- -- 456,619 -- 27,138 1,081,184 419,880 37�37 7138 4,i14133 1,911,184 96 419,880 50 022 .,,..� ..� 3,686 �,....-. ,021 -.� B7 L 659,681m. 1 ....' .00 �0 ,00 ) z 50,022 ( 3,686) 932,704 64,700 (159,028) (29 ,460) 1,880 60,784 2,946,468 405,392 6,515,835 782,296 $ e172 -19 -,. 98 -879 $. ...... 470 092 $ 6 356 807 $ .._ 489 836 391 902 $ 37 .ram............. �.....�,m,..,. �...w +-:ww.w� """ ... -1 1 (Continued) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENDITURES AN CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS -CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Impact Fees, Impact Fees, Impact Fees, Impact Fees, Police Fire and Libraries Solid Waste Facilities Ems Revenues: Taxes Licenses& Permits Intergovernmental qv Charges for Services e® Fines & Forfeitures — Investment Income 20,462 7,505 39,189 10,63 Miscellaneous ,. 7,6,63 20,782 . .. . , _. 31,628 . Total Revenues „w.,; 0 ,116 28,287 M M�. .. '42,260... Expenditures: Currant: General Government — -- Public Safety 116,241 120,361 Physical Environment — 64 — Transportation Economic Environment Human Services w,.. Culture and Recreation 169,734 Debt Servicemm Total Expenditures 1 734, Excess of Revenues Over/ (Under) Expenditures 61' '' I 2 ,,2 . 31,49 Other Financing Pour s/(Uses); Operating Transfers from Other Funds «� Operating Transfers to Other Funds Total Other Financing Sourcest(Uses) Excess of Revenues and Other Sources Over/(Under) Expenditures &Other Uses ( 1,619) 28,223 (31,459) q8, 1) Fund Balance, October 1,.1996 421,703 1341 117 724,1004 212,624 Residual Equity Transfer In -® — _e Residual Equity Transfer Out Fund Balance, 30, _ 34 E!j. 62 3�0 69, i34 623 -12 Upper Kays, Cudjoe Jolly Roger 911 Duck Key Local Wealth Care Gardens Estates Enhancement Security Housing Special Mmnicip. Svc. Municip. Svc. e s District assistance fia�in Dist. uIv. Dist. Cul v �® 7-1 724,469 -® ®- 303,075 _m 25,808 4,517 19,169 212,076 10„355 4,056 �. 6„663. °, _ 212,836, 10,3554,088 , _. _ .. ,. ,001 110 -- -® 199,823 57,060 — m� -- 11,056 6,695 497,816 -- 142,957 19423 5P,061 497,616 1!4y 7 11,056 . 129,90 1w4 ,396 69,769 6q7 129,060 13,914 269,396 69,769 (701) (2,607) ,627 52„625 228,490 3,715,766 195,821 78,519 $ 573 687 $ 739 4 $ 3 .. 196 120 7S 9� E-13 (Continued) ONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS®CON71NUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Winston Waterway Municip. Svc. Revenues.,, TarxIng� Dist. . _. _,,.,.Total. Taxes 49, ,965 Licenses & Permits 1,814,310 Intergovernmental 7,885,100 Charges for Services 5,356,127 Fines &Forfeitures 1,889,305 InvestmentIncome � �� 3�49 ., 3,687,874 Miscellaneous 29,2LS � 5,429 . Total Revenues 32703 70 8 3,110- Expenditures: Wrent: General Government 820 4,212, 39 Public Safety 40,287,251 Physical Environment 800,828 Transportation 5, 23,438 Economic Environment 9,287,464 Human Services 258 ,36 Culture; .and Recreation 1,781,308 Debt Service , 8,925 Total Expenditures 9 745 64,584,922 Excess of Revenues Over/ (Under) Expenditures 22 � , 71.,1. ,,. Other Financing Sources/(Uses): Operating Transfers from Other Funds 1,215,573 Operating Transfers to Other Funds � 1 Total Other Financing P+ �°c ' esµ Excess of Revenues and Other SourcesOver/(Under) Expenditures Other Uses 22,958 6,495,193 F red.Balance, October 1, 1996 (12,777) 51,180,697 Residual Equity Transfer In 478,56 Residual Equity Transfer Out Fund Balance, September 30, 1997 10,16 57ffl5890 E-14 U MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL AFFORDABLE HOUSING PROGRAMS SPECIAL REVENUE FUND FOR THE FISCAL YEAR NDED SEPTEMBER 3 , 1997 Variance Favorable .Actual unfavorable .,_ Bud t Ao Revenues: Intergovernmental 447,391 ,191 (1,200) Investment Income 7,500 10,167 2,667' leis llaneous y1 23 1,S Total Revenues 454,691 Expenditures: Current Economic Environment: Affordable Housing, Initiatives 23,000 23,000 Elderly Homeowner Rehabilitation 26,061 4,637 21,214 Emergency Home Disaster Relief 43,,000 6,675 36,325 Home Investment Partnership Program , 446,191 1,200 Plan 2000 46,634 42,455 6,179 Rental Rehab R4.�934 84 24,6 Total Expenditures 11301u 00,2'42 1 1'4 .. _._ Excess of Revenues Over/ Under � �®Expenditures 1 _..� �1 , 11�6 r, ,056 . Other Financing Sources/(Uses).- Reserve for Contingencies (3,370) -- 3,370 Operating Transfers from Other Funds 46,634 42,454 ( ,1 ) Operating Transfers to Other Funds '36,1 0 1 28D6 6 r3 Total Other Financing Bour s (Uses) 7,1 3t.,17 2 ,02 _ s � Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses (150,975) (10,894) 140,081 1 Fund Balance, October 1- 1996 205,199 205,199 Fund Balance, September 30, 1997 $ 4 1,04, 305 $ m 1 0 61 E-16 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL FINE AND FORFEITURE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMER 30, 1997 Variance Favorable Revenues- Taxes , 37,095 29,206,099 (930,996) Intergovernmental 13, 06,452 159,712 (12,948,740) Charges for Services 1,91 ,622 3,644,4.43 1,730,621 Fines and Forfeitures 1,510,000 1,623WO21 313,021 Investment Income 450,000 850,231 400,231 Miscellaneous — 4102 4 024 . .. � Total Revenues 47,119,369 35,707,530 w .". Q 1411,,,83911, 83Expenditures: Current: General Government: fitness Fees 847sOOO 612„ 55 234,945 Public Safety heriffs Budget 28,841,005 26, 1,005 400,000 Sheriff s Other 3,000,210 3,000,210 LEEA Funds , 75,000 75,000 Sheriffs HIDTA Grants 12,9 ,452 — 12,9 ,452- Sheriffs Child Safety Program 10,822 10,822 Sheriffs Off-Duty Program 38,000 36,000 Jail Operations 194,780 125,458 69;322 Public Works-Correction Facilities 1 0 1 79 � 1,007®667 4 ,924 Total Public Safe 46,168,060 32,64$540 ... '13,515�6,20 Total Expenditures 47,015,00 _.3361,595 13,�53,465 Excess of Revenues Over/ n Hoer Expenditures 1 �'1,626 Other Financing Sources/(Uses): Reserve for Contingencies m_ " 1,104 71,1 ,04 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses 33,205 2,445,935 2,412,730 Fund Balance, October 1 j 1996 10,820, 71 101 20„671 Fund Balance, September 30, 1997 $ 10 853 876_ $w, 13 6 60!6 $ w"N w 412�730 E-16 IMONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL ROAD AND BRIDGE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Bud of Au'' I�:.::.. Taxes $ 1,775,000 $ 1,945„356 $ 170,356 Intergovernmental 2,755,000 2,952,878 197,878 Charges for Services 19,500 30„49�3 10,993 Investment Income 500,000 691,802 191,802 Miscellaneous 3,,000 37,424 34,424 Total Revenues 5,052,500 5,657,953 605,453. Expenditures-, Current: ' Transportation: Road Department 2,897,526 2,564„696 332, 30 Boot Key Bridge 107,525 104,1563,369 County Engineer 603,954 278,913 325,01 Local Option Gas Street Lighting 270,647 261,792 9„055 Local Option Projects 2,100,000 134,965 1,965,035 % Gas Tax 8,823,1592,001,104 6n6 2,05 In-Horse Projects 25 ,000 1I 13,1'95 136„805, Total Transportation 15,053,01" 5,459_....2..._'1 9.. �9.�3...,900... Economic Environment: Veteran's Affairs Transportation 50:700 .::7 114 . .�. . _m� ..mm. : Haman Services: Transportation® Human Services 742,355 60,660 � 95 � .w .... ...._. � ::... .m :. Debt Service: Principal Retirement 1,080 1,080 Interest and Fiscal Charges 144 144 Total Debt Service 122 1,2214 Total Expenditures 15,854,304 6,190„381 9,663„923 Excess of Revenues Over/ (Under) Expenditures _ 10g:60 ,6044 (532,426) _.. .._ 10„269, 76... -17 (Continued) ONROE C OUNT Q,FLORl A- OARD OF COUNTY COMMISSIONERS S STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANC -BUD AND ACTUAL ROAD AND BRIDGESPECIAL REVENUE FUND-CONTINUED FOR FISCAL YEAR ENDED S. P FIBER ,30, 1997 Variance Favorable AuUa� bl � Other Financing Sources/(Uses)m . Reserve for Contingencies 1,5 5, 4 ) 1,655,04 Operating Transfers from Other Funds 818,709 15,7 Operating Transfers to Other Funds Total Other Financing Sources/(Uses), Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other'Uses (12,5E9,847), 224,709 12,794,556 Fund Balance,October f, 1996 13,185,202 1i,185,202 Fund Balance, Sept mb r. 0, 1997 $ 15, 5 $ 13 4 1 $° 12794556 E-1 MO ROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS MISSIONE .STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE =BUDGET AND ACTUAL LAW LIBRARY SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Built Actuil ('Unfaverle Revenues, Fines and Forfeitures 25,000 42,525 ,52 Investment Income 907 907 Miscellaneous 1, 48` Total Revenues 26 000 Expenditures; Current, General Government. Operations 3 ,099,, 4,819, Excess of Revenues Over/ Under Expenditures Other Financing Sources/(Uses)- Reserve for Contingencies001' Excess of Revenues and Other SourcesOver/ (Under)Expenditures and Other Uses ( ,750) 15,510 25,260 Fund Balance, October 1, 1996 16 494 Fund Balance, September 30, 1997 _ $ 3,00- $; mmmw:. 20 w n m 7 ,. s W 19 MONROE COUNTY; FLORIDA-BOARD OF COUNTY MMIS I NER STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL TOURIST EVEL PMENT,ALL DISTRICTS,TWO CENT SPECIAL REVENUE FIN FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Bred Actual ffe,vgrabl . Taxes 1,783,660 2,079,393 ,733 Charges for Services 25,006 25,003 Investment Income 106,754, 1 D6,754 Miscellaneous �® m mm mm............... ......�,....._.om ... . �. Total Revenues 11,'7 3,, 0 2, 111,841 42 ,16 Expenditures: Current: Economic Environment: Administration 1,173,226 906,801 266,425 Cultural Umbrella 347,000 315,606 31,394 Fishing Umbrella 446,00 , 3„636 Diving Umbrella Total Expenditures 2;060,2261GqL736, �49d Excess of Revenues Over/ (Under) Expenditures ............ 603,11 Other Financing Sources/(Uses): Reserve for Contingencies (206,6 1016 24 Excess of Revenues and Other Sources / (Under) Expenditures andOther Dees (489,1190) 503,112 992,302 Fund , 1,676,9 Balance, October 1 j 1 1�,676'�S3 Fund Balance, September 30, 1997 $ 1 169 440 $ 2 16174 $ 992 302 _� . ..m ., � .. E-20 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET,AND ACTUAL TOURIST DEVELOPMENT, ADMINISTRATIVE AND PROMOTIONAL, TWO CENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable (Unfavorable) Revenues; Taxes 3,696,094 4,368,9111 612,817 Charges for Services -- 51,821 51, 21 Investment Income ®- 121,286 121,286 Miscellaneous 12 Total Revenues 3,69 .,0 4 9 ie 0 Expenditures: Current: Econorriic Environment: Advertising and Promotion 3,897,161 3,438,314 458,847 Administrative Services ,775,403 S'73p35'. Total Expenditures 4,34853 Excess of Revenues Over/ (Under) Expenditures ._ 52 _.�. :�� 71 Other Financing Sources/(Uses): Reserve for Contingencies n nehcies Excess of Revenues and Other sourcesOver/ ( Under) Expenditures,and Other Uses (1,087,299) 719,227 1,806,526 Fund Balance, October 1,.:19 ,1 �45 a.1 ,433 Fund Balance, Sbptember 30, 1997 1 0 5139 $ —8,4,1 665 E-21 ONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL TOURIST DEVELOPMENT, DISTRICT#ONE, THREE CENT SPECIAL REVENUE FUN FOR THE FISCAL YEAR ENDED SEPTEEER 30, 1997 Variance Favorable Unfay bl . Revenues- �a _ _��. Taxes 1,480,721 ,743,543 262,822 Charges for Services 20,499 20,499 a Investment Income 100 594 100,591 Taal Revenues 1,4I0,721 1�564 3,63,915 Expenditures, Current-, Economic Environment; TDC Administrative 45637 30,35 18.612 Tourist Information Services 219,000 217,730 1,270 Bricks and Mortar 252,389 247,293 ,09°I Special Events 397,326 135,400 261,926 Promotion and Advertising 744,328 657,229 87,099 Beaches � M„ . , 253,1� ,. 50g 1 2�63 _ Taal Expenditures 1,921, 60 1,368,546 5531434 Excessof Revenues Over/ (Under) Expenditures (441,2591 __496,000 7,34 Other Financing Sources/(Uses): Reserve for Contingencies 1162 7 '7 152, 57 Excess of Revenues and Other Sources Over/ (Under)Expenditures and Other Uses : (604,046) 496,090 1,100,136 Fund Balance, October 1, 1996 � 1`,511,23 - � 1,611,233 Fund Balance, September 30, 1997 $: 7 $ 2j 7 2 $ 1 1001* ONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL TOURIST DEVELOPMENT, DISTRICT O, THREE CENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance, Favorable Revenues: Takes 149,374 171,342 21,968 Charges for Services 1,169 1,169 Investment Income 10,597 10,597 Miscellaneous � 1, 4 �° �" � ,2 1� .. ..a ,� �.. Total Revenues 140 374 1641349 14,975 Expenditures- Current: Economic Environment: T C Administrative 4,945 3,221 1,724 Toudst Information Services 53,500 52, 0 950 Bricks and Mortar 24,332 19,650 4,462 Special Events 3,673 3,008 5,665 Promotion and Advertising 7339,1 48,046 25, Total Expenditures 164,841 ��I26,6 5 36�1 Excess of Revenues Over/ (Under) Expenditures 5, 7y 73,1 1 Other Financing Sources/(Uses); Reserve for Contingencies 11 ,45 10, .Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (31,952) 57,674 69,626 Fund Balance, October 1, 1996 173,1 1.7 179 Fund Balance, September , 1997 $ ... 141,227 $— W n 23085 $_. 819626 E-23 O ROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES CHANGES IN FUND BALANCE®BUDGET AND ACTUAL TOURIST DEVELOPMENT, DISTRICT REE, THREE CENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable _._._...................w ._....._ , Actual nfav�rabl '.._. Revenues- Taxes 336,572 366,351 29,779 Charges for Services 1,603 1,603 Investment Income — 1�, 39 Total Revenues 36,572 384,793 Expenditures- Current- Economic Environment: TDC Administrative 10,673 6,021 4,852 Tourist Information Services 72,600 70,524 2,276 Bricks and Mortar 51,950 29,73522,215 Special Events 31,826 — 31,826 Promotion and Advertising .. ,.... .' 95 .. ., 1 7,1§9 Totalpenditures ,42 3;469 �.... 6+' 33. Excess of Revenues Over/ (Under) Expenditures w .. Other Financing Sources/(Uses)- Reserve for Contingencies 36,239� 36,239 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (62,069) 91,324 153,393 Fund Balance, October 1, 316 767 3l6 7 7 -- ...� - _ �. .. ...w..� .. Fund Balance, September 30, 1997 $.,:m- .. 256718 $w 1' 11.1 $ 153393 ONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE®BUDGET AND ACTUAL TOURIST DEVELOPMENT, DISTRICT#FOUR, THREE CENT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable e �.a�a eta Acfeal llnfa!!�r I ._. Revenues: Taxes 343,355 398,974 55�619 Charges,for Services — 6,06'7 6,067 Investment Income . 0,588 20,588 Total Revenues , 343 365 Expenditures: Current Economic Environment- TDC Administ'rative 11,056 6,924 ,132 Tourist Info ation Services 75,000 73,902 1,098 Bricks and Mortar 19,636 16,666 772 Special Events 46,655 1,721 45,134 Promotion and Advertising 215;,9`73 1 73�. Total Expenditures . 36,, _ 21„46.. �._17,03 . Excess of Revenues Over/ (Under) Expenditures 25,�197 165,143 191,310 Other Financing Sources/(Uses): Reserve for Contingencies 652 �36,552 Excess of Revenues and Other Sources Overt (Under) Expenditures and Other Uses (62,019) 166,143 228,162 Fund Balance, October 1, 1996 342,98834 ,966 Fund Balance, September 30, 1 0 969 �� 3 �� 6�1 MONR E COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS 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 SEPTEMEER 30, 1997 Variance Favorable Actual Revenues, mm .� QUr�favorbla�,._. Taxes $ 429,855 $ 513,941 34,066 Charges for Services w- 7,076 7,07 Investment Income �.... _... � .�_.. �,0 5 23,068 Total Revenues 429,855 544,085 114, 3 . .,............... .�... .... ..... _ �. �..... , M. Expenditures, Current.- Economic Environment: C Administrative 13,781 6„667 4,914 Tourist Information Services 92,400 92,400 — ricks and Mortar 138,281 24,057 114,224 Special Events 20, 67 w® 20,267 Promotion and Advertising 1 6.16 173,401 21,217, .� ._.. „ Total Expenditures o._. . M_M_ _ ..M mm ._. 622 P .,. 450,347 6 725 1w .. .... Excess of Revenues Over/ (Under) Expenditures ._... 9, 92 . .._.m.24513' _ 74,55 Other Financing Sources/(Uses). Reserve for Contingencies 451935) 4 ..... i5 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (75,427) 245,360 320,787 Fund Balance, October 1, 1996 3�6, 9 '348 029 Fund Balance, September 30, 1997 $ 272602 $ n 593389 $ 3207mm E-26= ONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS 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, 1997 Variance Farvorable ._. ...... .,. Actual..... _ UvcIe ..... Revenues, Intergovernmental 14,008,146 3„587, (10,421,076) Charges for Services 189,263 144,683 (44,580) Investment Income -- 483,530 483,530 Miscellaneous 54 957 ItO, 8 25,431 Taal Revenues 1I4252,366 421 ,671... - 9,96,695w Expenditures'. Current; General Government: Drug Curl Program 0,806 180,425 20,381 Anger ManagementlConflict 9,540 6,712 2,828 Local Law Enforcement Block Grant 114,839 103,870 10,969 Juvenile Drag Mentoring 1,000 623 377 Anti Drug Abuse Pretrial 65,892 63,389 2,503 Florida Communities Trust- O O 7,051 549 820,113 6231436 Total General Government 443,62 ,. -o.... 1171 �L _.._. 6, 6 4 '4. Public Safety- Emergency Management Trust Fund 93„404 91,594 1,810 Radiological Emergency Preparedness 112,954 106,871 6,083 Hurricane Opal 9,093 5,1743,919 Emergency Management Award Grant 258,655 -- 258,655 Emergency Management Matching Grant 30,110 30,110 Anti Drug Abuse DARE 38,67'2 28,028 10,644 Hazardous Material Plan Update 5,407 5,407 Hazardous Mitigation Total Public Safety . ..- ' � '0 21? . _..._ , 16 629 Physical Environment: Hazardous Waste Curbside Pickup 44,001 12,977 31,024 Derelict Vessels--Zone 2 66,620 34,188 32,432 Emergency Removal Derelict Vessels 1,792 1, -- Emergency Removal--Cow Key Extension 13,980 13,980 -- Barcelona Boat Ramp 13,323 13,323 Emergency Removal DV03A2171 6,300 6,300 -- Emergency Removal--Buoy Purchase 930 -- 930 Emergency Removal-Reef Relief 25,000 25,000 -- Emergency Removal DV03A227 -- (Continued) MON aE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS 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, 1997 Variance Favorable E "dot 'Actual Unfavorable) Reinstall Buoy Smathers Beach JJ70 1,770 �- Derelict Vessel Removal 1996 50,000 49,520 480 Cow Key Channel Marker Repairs 7,.465 7,465 Derelict Vessel Removal 1997 60,000 56,352 1,648 Adapts Waterway 5,540 5,540 Tavernier Creek &Windley Key Contractual 10,725 10,725 -_ Derelict Vessel Remov l--2346® 2350-52 2,670 2,670 . Whale Harbor Channel 6,390 6,390 -- Vaca Cut No Wake Zone 6,900 6,654 246 indley Key Channel Markers 13,890 13,644 246 Emergency Removal-Marine Debris 115,000 2,718 12,292 Emergency Removal-Snake Creek 6„490 4,245 4,245 Emergency Removal--Bonefish Bay 13,200 6,600 6,600 Emergency Removal-Upper Matecumbe West 9,900 9,900 -- Emergency Removal Derelict Vessels--Fly 1,600 Derelict Vessel Removal 97-10 79,050 79,050 Cnsite Sewerage Disposal 598,250 6,166 590,082 Channel Marking Plan 35,000 25,005 9,995 ADID Project (Florida Keys) 9,176 2,000 7,17 Wastewater Management Plan 00 9,000; 165,E Total Physical Environment 1,301,012 326,304 7 1n3 Transportation: Bicycle/Pedestrian Plan 84,500 74,750 9,750 Study Plan Update 234,265 69,001 14 2 Total Transportation 3,761 155 0:14. Economic Environment: Low Income Florae Energy Assistance 143,242 71,925 71, 17 Summer Youth Employment &Training 1 �173 47,36895,605 SFETC-JTPA Liaison 50,060 27,017 23,043 SFE C Title II 11C/III Intake 228,245 69,605 136,640 Disaster Relief-Home I 1,057LO1 9;751;, 67,249. Total Economic Environment 1„ 1,f 405,666 1,215i0 Human Services: Grace Jones Daycare Center 3,091 2,435 656 Senior Community Service Employment 402,0 4 226,480 175,604 E-26 (Continued) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANCES IN FUND BALANCE-BUDGET AND ACTUAL GOVERNMENTAL FUND TYPE GRANTS SPECIAL REVENUE FUN -CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Rind et . _ A.dku ;l . . Unfavorable Senior Community ServiceEmployment-Admin 35,509 31,291 4,216 TitleIIIC-1 Concregate Meals 226,969 184,740 42,249 TitleIIIO-2 Home Delivered Meals 225,760 191,539 34,221 Communityr Carer the Elderly 1,131,713 645,772 485,941 Community Care for Disabled Adults 212,563 100,650 111,913 Home Care for the Elderly 32,201 17,565 14,636 Title111- In-Horrid Services 39,356 27,866 11,490 Support Services 111 B 266,409 213,242 53,167 Anti Drug Abuse Keys to Recovery 81,530 56,922 24,606 Sunshine House Transitional Program 9,765 9,765 -- Al heimees Disease Initiative 8,7 034, 4 G,4 61 Total Human Services 2 764 004 _� 17 75 995,152 Culture and Recreation: Sombrero Beach Restrooms 91.,375 _ 91,375 Artificial Reef Program 50,000 50,000 Florida Communities Trust-Swartz 20711361, 6 L,3 72 2,007764 _. Total Cultural and Recreation �,2 .....�a� 63,372 a ,149,1 9 p _._ _, 0 '12,079,000 Total Expenditures _ _1 g2 440 „4 4 �- . ..... Excess of Revenues Over/ (Under) Expenditures _._..w C�10 0 4 _ 11 _ 2,122,305 Other Financing Sou s9(Uses)e eserve for Contingencies (291,729) 291,729 Operating Transfers from Other Funds, 1 901 60 � 4„41 (1,547,393 Total Other Financing Sources/(Uses) 1 610,07 354,410 _- (1,2 54,6604 Excess of Revenues and Other Sources Overt(Under) Expenditures and Other Uses (400,000) 466,641 666,641 ® , 1 3 6,507 --Fund Balance, October 1996 137 Fund Balance, September 30, 1997 976 607 1 645 246 8,66641 E-29 MONROE COUNTY, FLORIDA-BOARD OF COUNTY OO ISSION STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL FIRE AND AMBULANCE DISTRICT#1 -LOWER AND MIDDLE KEY SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable B d et Actual _(Unfavorable Revenues. Taxes 3,845,354 31720,181 (125,173) Intergovernmental 10,000 6,590 (1,410) Charges for Services 650,000 689,006 39,006 Investment Income 90,000 156,638 66,636 Miscellaneous -- 15 3,615 Total Revenues 4,595,354 ...4576, 0 . 17,324 Expenditures: Current. General Government: Commissions and Fees2'06,000 17 � � 35, 5 .__..._... .�.�... . ., _ ., Public Safety. , District 1 Central Services 205,116 112,969 92,147 Fire e e- Stock Island 94,536 54,672 39,664 Fire Rescue- .Big Ccppitt 191,342 113,167 78,175 Fire Rescue-Sugarioaf 131,341 121,636 9,705 Fire Rescue- Big Pine` 365,637 205,594 160,043 Fire Rescue� Marathon 215,482 161,609 53,873 FireRescue'-Conch Key 153,662 122,217 31,665 Fire Rescue- Layton 78,301 60,642 17,459 Fire escue- I lamorada 137,630 94,363 43,267 Fire e e- Tavernier 174,555 130,985 43,570 Leer& Middle Keys Ambulance District 3,069,005 3,064�4 2_ .. ,��6,23:... Total Public Safety 4,616 6 7 4,242,536 574 291 TotalExpenditures 5,,024,627 4,414,753 �0,074 Excess o f Revenues Over/' (Under) Expenditures _.. 29,47 1_ 31 ...,. 570�... Cher Financing Sources/(Uses): Reserve for Ccntingencie ('SO, 59rypp w 7 ' E-30 (Continued) ONROE COUNTY,, FLORIDA-BOARD OF COUNTY COMMISSIONER STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BA NCE�BUDGET AND ACTUAL FIRE AND A ULANCE'DI STRICT#1 -LOWER AND MIDDLE KEYS SPECIAL.REVENUE FUND®CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable ud L W , Actual (Unf vorab!) ExcessRevenues and Other Sources r/ (Under) Expenditures n Other Uses (480,232) 163,277 643,509 Fund Balance, October 1, 1996 1,252,097 1,252,097 — e ldu l Equity,Transfer . . _.. mm 4 5, 69 . _ m„ . .:. 6� Fund Balance, September , 1 _IT ° 71 66 1 993 �4 W 1 mm 5 1 IMONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE ®BUDGET AND ACTUAL FIRE AND AMBULANCE DISTRICT#6 ®KEY LARGO SPECIAL REVENUE FUN FOR THE FISCAL YEAR ENDED SEPTEIME R 30, 1997 V/ariance� Favorable AaI Unfavorable Revenues- Taxes $ 400,365 $ 394,733 $ (5„632) investment Income Total Revenues 420,365 422,33R 1 0074 Expenditures: Current- General Government: Commissions and Fees ,37$' 14,05"� 15 327.... Public Safety: Key Largo Volunteer Ambulance 231,837 183,430 48,407 Key Largo Volunteer Fire Dept. 2 8;1 w 1 4,83 Total Public Safety 439;96 358,2 , 111,703 Total Expenditure 419,34� 3 2.,3('7 12T 30 Excess of Revenues Over/ (Under) Expenditures (75,952 5 ,122 29 0 Other Financing ou s/(Uses)m Reserve for Contingencies 11„ 0 11,0C = Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (88,982) 50,022, 139,004 Fund Balance, October 1, 1996 341,,880, 1,88 ' Fund Balance, September 30, 1997 $ _252898 $ m 9190 $ 139f H MOM OE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE ®BUDGET AND ACTUAL TRANSLATOR SYSTEM SERVICE DISTRICT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 `variance v Favorable d t Actual fav" Ie Revenues: Takes $ 341 $ 341 Investment Income 3,084 3,064 Miscellaneous Revenue �a� �` 7 Total Revenues ; 36 ..: 3,4 Expenditures: Current: Culture and Recreation: Translator Operations Excess of Revenues 0verA (Under) Expenditures (40,000) (23,666) 16,314 Fund Balance, October, ' 1996 60,784 Fund I alance,`Septem er 30, 1997 0 $ 31096 mm 16344, E-33 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL UNINCORPORATED AREA SERVICE DISTRICT®PLANNING, BUILDING AN ZONING SPECIAL REVENUE FUND FOR THE FISCAL.YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable E pia Actual (U'nfavorablmj Tags 3,571,546 3,461, 237 ( 10,311) Licenses and Permits 1,010,000 1,614,31 604,31 Intergovernmental 4,000 4,650 850 Charges for Services 240,000 364,0110 144,010 Fines and Forfeitures 25,000 23,759 (1,241) Investment Income 100,000 248,643 148,848 Miscellaneous 4 6;QQ Total Revenues ..��4,954,546 5 947,05,7 ....�....M ._... 992,5509 Expenditures: Current: General Government- Commissions and Fees 202,115196,434 5,661 Planning and Zoning 1,369,717 1,263,289 106,428 DCA Land Development Regulations 550,000 282,588 267,412 Planning Commission 61,531 43,606 17,925 Growth Management 421,496 406,383 15,113 ROGO Implementation 10,000 ®® 10,000 Planning and Building Refunds ' 0 00 Total General Government 2,644,659 , ,�206, 3 43 a17 Public Safety- Building Department 1,373,935 1,365,006 6,929 Code Enforcement 684,137 665,336 16,601 Fire Marshall '2201,' " 2,7 Total Publi .Safety 21281P485 2�251,051 Physical Environment- Environmental Resources 356,520 321,564 34,936 Marine Resources 137,771 2 7 Total Physical Environment �7 672 Total Expenditures 1420, 5914,353 506,262 -34 (Continued) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS 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, 1997 , Variance Favorable i ur Aictuat (unfavorable).. Excess of Revenues Over/ 'Under Expenditures .. . S,09T _ 1,0 �001 m 1,498,79 � ) E p9�, Other Financing Sources/(Uses) Reserve for Contingencies ( 86,186) 386,186 Operating Transfers to Other Funds 100;00 10010 0 m Total Other Financing Sources/(Uses &y 6E 196pa ,10 ,000 ,16 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (952,27 ) 932,704 1,664,977 Fund Balance, October ;1 9 946,468 ...� ' a Furrcl Balance, September 1 99419 41 1 69 `. , E- 6 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS 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, 1997 Variance Favorable �dlgat Actual (U'nfayorable) Revenues: Taxes $ 1,058,160 1,024,555 $ ( 3,60+5) Intergovernmental 500 1,340 Charges for Services 25,000 45,174 20,174 Investment Income 18,000 46,923 28,923 Miscellaneous Total Revenues 11Q1,650 1145, 64 44, Expenditures: Current: Culture and Recreation.- Unincorporated School Recreation Program 68,660 59,316 Parks & Beaches Unincorporated 11111taqt 1,021, 66 95,429 Total Expenditures '116 ,17 ' 1,081,184 104,993 Excess of Revenues Over/ (Under) Expenditures64,70 A14 ,2T. Other Financing Sources/(Uses): Reserve for Contingencies � W� O 15 000 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (99,517) 64,700 164,217 Fund Balance, October 1,. 199 _ 405,32 405,392 Fund Balance, September 30, 05 675 470092 wr M 1,64217 E-36 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL. IMPACT FEES m ROADWAYS SPECIAL,REVENUE FUND FOR THE FISCAL.YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Bud et Actual` Unfavorable . Revenues: ....... . Investment Income 206,000 370,423 164,423 76 2 u � �31�2',00'0 � �� 9, 24 - Miscellaneous Total Revenues T 142 347.., Expen iture& Current; Transportation: Fair Share Improvement County Wide 3,659,701 3,659,701 Fair Share Improvement Dist 1 53,240 633 52,607 Fair Share Improvement Dist 2 734,834 734,834 Fair Share Improvement Dist 3 1,406,086 33 1,406,,053 Fair Share Improvement Key Colony Beams Total Expenditures 4mm14 6, 6,; 2 ,482 Excess of Revenues Over/ (Under) Expenditures „50 ,140 6 9n661 __,..m. ,165,829 Other Financing Sources/(Uses)- Operating Transfers to Other Funds �6167 6I," I9. _ w Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (6,324,857) (15 ,028) 6,165,829 Fund Balance, October 1 1996 6515035 6, Fund Balance, September 30, 1997 $ 190 976 6, 7 16 9 DN OE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AN CHANGES IN FUND BALANCE-BUDGET AND ACTUAL IMPACT FEES-PARKS AND RECREATION SPECIAL REVENUE FUN R THE FISCAL YEAR ENDEDSEPTEMBER 30, 1997 Variance Favorable Budget Actual (Unfavorable) Revenues: Investment Income i 39,000 0,690 1,690 , Miscellaneous , 0 6,73 10) Total Revenues _ 127,00 127,40420 Expenditures: Current: Culture and Recreation.- Fair Share Improvement Dist 1 159,414 340 159,074 Fair Share Improvement Dist 2 26,492 26,492 Fair Share Improvement Dist 3 246,46 -- 246,465 Fair Share Improvement Key Colony Beach 24,768 14,706 10,062 Friendship Park 30 ,000 04,640 4,360 Big Coppitt Key Park 33,000 -® 33,000 Jesse Hobbs Park 122'000 1 ,194 Total Expenditures 923,439 419 6I 5'03„ ExcessRevenues Over/ (Under) Expenditures (796,139) (292,460) 503,679 Fund Balance, October 1, 1 762,26 62 296 Fend Balance, September 30, 1997 ��1 -, 43� � 503679, -3 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES ]N FUND BALANCE -BUDGET AND ACTUAL IMPACT FEES -LIBRARIES,SPECIAL REVENUE FIND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable ud et Actual, Revenues: Investment Income' 10,000 20,462 10,46 Miscellaneous 1°I5� 00= Total Revenues 125000v 10 "' . Expenditures- Current: Culture and Recreation. Fair Share Improvement County Wide 170,099 38,504, 1,565 Marathon Library 500 500 Islamorada Library 219,500 150,7 ,770 unty Wide Automation �S , I�t . 155,21 • r, �� ,,� .,,_�, � � . .. Total Expenditures , 1 ,7$4. Bess of Revenues Over/ (Under) Expenditures (420,369) (81,619) 338,750 Fund Balance, October 1, 196 421 V7 41, Fund Balance, September 30, 1997 $ 1334 $ 340 014 _ 336,750 -39 MON OE COUNTY, FLORIDA-BOARD OF COUNTY OMMISSIONE S- STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL IMPACT FEE.: -SOLID WASTE SPECIAL REVENUE FUND OR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable et Actual Unfa v, rat to Revenues: Investment Income 5,000 7,505 2,505 Miscellaneous 29 000 Total Revenues 30,000 2 � ,:. �. 1,71 w R Expenditures, Current: Physical Environment: Fair Share Improvement Projects 64 116 ,05 Excess of RevenuesOver/ (Under) Expenditure (136„119) 26,223 166,342 Fund Balance, October 1, 1996 1 4117' 4 • Fund Balance, September 30, 1997, $��4 $ 16234,0 166 342 -4 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONER STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL IMPACT FEES- POLICE FACILITIES SPECIAL REVENUE PUN FOR THE FISCAL'YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable ud t A I _.� tJnfa�rorible) Investment Income $ � ,114,189 Miscellaneous 000.Total Revenues Revenues , Expenditures: Current, Public Safety: Fair Share Improvement County Wide 33,439 150 33,239 Fair Share Improvement Key Colony Beach 10®000 13,000 5,000 PIK Sheriff Substation 43,000 43,000 Vehicle Impound 21,911 21,453 358 Juvenile Detention 350,000 33,282 316,718 Firing Range 1 IOM 00 3 , Total Expenditures 1`,2 115„241 4 6 5,kO,9 Excess of Revenues Over/ (Under) Expenditures (496,250) 1,459) 464,791 Fund Balance, October 1 j.199ti o. 724,0( 4 724,004 -- Fund Balance, September 30, 1997 7 754 692545 $ 454 791 E-41 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND HAND S°IN FUND BA NCE d BUDGET AND ACTUAL IMPACT FEES- FIRE AND EMS SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Actual (Unfavorable Revenues: Investment Income 7,1100 $ 10,632 3,532 Miscellaneous 36, 00� 31Total Revenues _ xSO :.... �. 42a26 „34 , penditure : Current: Public Safety: it Share Improvement Dist 1 91,150 , 46,417" Fair Share Improvement Dist1, 1,750 Fair Share Improvement Dist 3 119,850 44,628 75,22 Fair Share Improvement Key Colony Beach Total Expenditures 246020 1201361 126,459. Excess of Revenues Over/ (Under) Expenditures, (201, 20) (78,101) 12 ,11 Fund Balance, October 1, 1996 212,624 212624 - Fund Balance, September 30, 1997 1.1 404 134 523 11 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE a BUDGET AND ACTUAL 911 ENHANCEMENT FEES SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1 97 Variance Favorable I3 t , Actual _...jUnfavorabl _ Revenues: �.. , Charges for Services $r 2330, E65 $ 301,075, $72,390 Investment Income 1 s.I�C� ��I , 00 Total Revenues 211_159 ` 329,9' 3 19 Expenditures: Current, Public Safety, 11 Etnergenoy System 93, 31 1 9, 23 393,4q3 Excess of Revenues Over UnderExpenditures A1,046), 1` 9„ other Financing Sources/(Uses): Reserve for Contingencies w ,.M,.�,.m. 31„t19 ► � ®w �.�w. � 1 9 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (393,236) 129,060 522,296 Fund Balance, October 1„ 1996 ., ,027 �.............. Fund Balance, September 30, 1997 $ 5159.11 $ 57 887 $ 9 E-43 ONR E COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS 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, 1997 Variance Favorable ud of !�. `ep Ur�favorab�le Revenues: Investment,Income 2,900 $ 4,517 2,517 Miscellaneous ',000 68 314518, Total Revenues :. . 67 000. " 2'97 Expenditures.- Current: General Government: Commissions and Fees � � �� 1601 499 Public Safety: Island Security �._. ''I 4 Q 0 ,0 a Total Expenditures ;50 11 &589. ExcessRevenuesOver/ (Under) Expenditures w.. _ BO ,Other Financing Sources/(Uses): Reserve for Contingencies Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses ( ,550) 13,914 46,564 Fund Balance, October 1, 1996 Fund Balance, September 30, 1997 $' 1 $ 39 $ 45564 E- MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS 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, 1997 Variance Favorable Baud of Adtoal nf��rorable .., w ,... , .p , . ..... _.. Revenues: Intergovernmental 490,620 724,469 233,849 Investment Income 1,200 19,169f7, , Miscellaneous 3,"7 2 , 4 Total Revenues 491 8� 0 Expenditures: Current. Economic Environment Administration 50,065 50,065 ®® Home Ownership/Rehab Existing 505,017 378,930 126,087 HomeOwnership/Fair Housing 17,171 1 Rental Rehabilitation Total Expenditures Excess of Revenues Over/ (Under Expenditures . �65 _ �,, . .20S 9S _ 406,250 Other Financing Sources/(Uses): Reserve for Contingencies Excess of Revenues and Other Sources verf(Urider) penditOres;and Other Uses- Budgetary Basis M 69.396 41ZOf, Adjustment r Mortgage Receivables ®® (334,033) (334,033) Adjustment for Mortgage Loans Made 334,,033 �0 34�033 Total Adjustments Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses- GAAP Basis (143,235) 269,396 412,631 Fund Balance, obr`1, 1996 Fund Balance, September 30, 1997 65 255 497,886 412 631 -4 ONROE COUNTY, FLORIDA-BOARD OF COUNTYCOMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL, UPPER ICES HEALTH CARE SPECIAL TAXING DISTRICT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable 8 .... AiLwnfavRrabte Revenues: _ a Taxes Investment Income 100,000 212,076 112,076 Miscellaneous 762 7,62".,� . n , Total Revenues 1. 0 000 1283 Expenditures: Current: General Government.- Commissions and Fees 1 Q 1,10 Human Services: Trauma Care Administration 145,808 128,430 17,378 Transportation and Treatment 1,884,715 11,319 1,873,39 Pre-Transportation Hospital & Physical r 144,979 3,205 141,771 Upgrading Facilities&Staff Services 869w � . 59,868 .^ Total Human Services Total Expenditures 3,045,480 Excess of Revenues Over/ (Under) Expenditures .4,769 3'0'15149, Other Flnan ing Sources/(Uses): Deserve for Contingencies 104,5 1t4,52 Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (3,050,000) 69,769 3,119,769 Fund Balance, October 1, 1996 7S 71756, _., .. Fund Balance, September 30, 1997 666-7663785535 3,119769 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE®BUDGET AND ACTUAL CUDJOE GARDENS MUNICIPAL SERVICE CULVERT DISTRICT FOR THE FISCAL YEAR ENDED SEPTEMBER 30,1997 Variance Favorable Budq . AoWal (Unfavora#1e)..._ Revenues: Investment Income Lp2q- 355, Expenditures. Current., General Government- Coretmissaons and Fees Physical Environment: Cudjoe Gardens Culverts 349,750111 33 94 Total Expenditures 154 ISO 3-. 9 Excess of Revenues Over/ (Under) Expenditures ( ,750), (701) 349,04 Fund Balance, October 1, 1996 Fund Balance, September 30, 1997 (1 92 11` m 49 49 �,_ ., ..,. _ M w....... . . _. E-47 M NR E COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUE , EXPENDITURES AND CHANGES IN FUND BALANCE-,BUDGET AND ACTUAL, JOLLY ROGER ESTATES MUNICIPALS SERVICE CULVERT DISTRICT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Dud t 4uo u1 i�falr®rabl Revenues- Investment Income 500 0 .. Expenditures". Current: Physical Environment: Jolly'Roger Estates Culverts Excess of Revenues Over/ (Under) Expenditures (149,975) (2,607) 147,368 Fund Balance, ober 1, 1996 Find Balance, S pternber.3 „ 1997 $ 71 55 7°3 5 E-45 , MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL WINSTON WATERWAY MUNICIPAL SERVICE TAXING DISTRICT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Boyd.p _,. Actual �. Unfavorable . Revenues: Investment Income $ 1,000 $ 3,493 $ 2,499 Miscellaneous ,5 006 �„SOS 4, Oo - ..... w Total Revenues 5�,0 0 ,� 03 ` 703 Expenditures- Current: General Government Commissions and Fees 1000. $20, 1 Physical Environment: Winston Waterway Debt Service; Principal 71,000. 71,000Interest Total Debt Service '79w9 5 -- Total Expenditures 10 ,950 50,;745 2 , 05„ Excess of Revenues Over/(Under) Expenditures- Budgetary Basis (79,950) (48, 42) 31,908 Adjustment for Repayment of Tax p '10 0 Anticipation Note 71 Excess of Revenues Over/(Under) Expenditures- GAAP Basis (3,950) 22,953 31,908 Fund Balance, October 1, 199 Fund Balance, September 30, 1997 $ 14=7U7 $ 10°1SI $ w 31�9tlw" E- 9 F A THIS PACE INTENTIONALLY LEFT BLANK MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET ALL DEBT SERVICE FUNDS SEPTEMBER 30, 1997 1993 1993 1991 Refunding Refunding Sales Tax Improvement Improvement Revenue Bonds-1933 Bonds-1 988 Bonds ' TgtaI ASSET Assets Restricted Assets: a Cash and Cash Equivalents 359,281 478,737 $ 821,200 1,65 ,218 Due from Other Fundy 1d 00 10,000 Total Assets $ 359�281 $ 475 ., $ 831 00 $ m 1 669 2 S LIABILITIES AND FUND EQUITY Liabilities: Payable fr Restricted Assets: Accounts Payable 20,384, $ 20,384 Accrued Interest payable o...;... .d�..� �... 806,1665.IT . w.,...._ 806,665 .. ........ ..._� Total Liabilities 97, 9 57,04 Fund Equity.- Reserved for,Debt Service 3 9j231 47 , 37' 1,69 Total Liabilities a n Fund Equity $ 35931 $ 7637 $ 3 �200 $ 169216 FA ONROE COUNTY, FLORIDA-BOARD OF COUNTYCOMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENDITURES AN CHANGES IN FUND BALANCES ALL DEBT SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 1993 1993 1991 Refunding Refunding Sales Tax Improvement Improvement Revenue Bonds-1993 Bonds-1 988 Bonds Revenues, Intergovernmental $ 223,250 $ 675,000 $ 898,250 Investment Income 21 ,907 10, 2 176,9 7 206 1 Total Revenues 16 " 6185,342 76R 1,10 ,406 Expenditures- Debt Serve 7 „ .:: ....�.., _.._.. __..._ 62. ,. 619 ,997662 5,8 4, Excess of Revenues Over! (Under) Expenditures 35,134 17,523 (4,820,775) (4, ,11 ) Fund Balance, October 1, 1996 324,147 461,214 7,496,725 6,2 4,066 Residual Equity Transfer Out 2,673,7_ Fund Balance„ September 30„ 1997 $ 3�9,261 $ 47 ,737 4� 5 $ 542,169 F2 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS SIONER COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES m BUDGET AND ACTUAL ALL DEBT SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 3 , 1997 1993 Refund I�+�ra�vement..Bonds-1983 Variance Favorable (Unfavorable) Revenues: Intergovernmental $ 223,250' $ 223,250 $ Investment Income . , 15,000O 2O,g0 .. , m' 5!'901. Total Revenue 2 9, C1, 2 „15 5,90 Expenditures: Debt Servicep Principal Retirement 180,000 180„000 Interest 25,790 25,790 Fiscal Charges 17 }, 7 3,233� 7,31� 'Total Expenditures � � op376,337,.. 209�0 3.: ..:.., .. 1 T, 1 ... Excess of Revenues Over/ UnderExpenditures 3 „097 3211 Other Financing Sources/(Uses): Reserve for Contingencies (50,000) 50,000 Operating Transfers from Other Funds _. __ . .... . .a.,�. .....,, ., .. � .w..e 000)Total Other Financing Sources/(Uses) 50,00_. _.:. 50,.._.m.m . ....� ... ..... ,....._ Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (13 ,057) 35,134 223,221 Fend Balance„ October 1„ 1996 324,147 324,147 Residual Equ4 Transfer Out _ .. . , Fund Balance, September 30, 1 $ 135 0 3 9 2 1 223 221 -3 .. L 1 3 f r dlr IN�I Ira r rtent Bond °1Ayq�g�l '�. w� nu nit �.....,.4, tir..;,.�„�..,.. .,u-_w..,.:..,.... ..m,e,..®,._ e a.,_......,.....�,......wa.,..r.,...... —�--,-..:.,,..�._..-a_...:........�.�.,v,.w...,..".",.«w �....x "ar"Oncerl Favorable Favorable � dw t.....".. . Ac6aj,,.. .. (Unfavorable) Actual f V1 v r l ) 675„000 675,000 $ 342 300„000 " 176,907 (123,093 w..w... .... ,. ,� 685,00¢ 665�342. 342 0 ".... 3 0 176 °�. 23093) 375,000 375,000 3,100,000 3,100,000 290,620 290,620 1,696,560 1,698,580, 1 0�dwy9� 13�111 9 2w �32,93� 91�4 1��yy 2 p/yy '-pII 0n 7®6� 132,9315,690,000, 4� 97"662 692� 16 60 8...,�,.�.�.,.n.,:..... ..i,.,. ..��,,.� ........ .....�. ."...aw.�w; ,m M ...w ......... ,.".,", _,,..........i... ,.w mm . ~r.�v,.<,.�,��". ....� .,.��aa....a .m....,w....a. ..,... .,�,...�..,.M,..,. ...,m-.-.-�.. ... 25 .. ,_... (100,000) 100,000 (g75ypgp0y,0nq90y�0) 750,000 4,tleW M'W!g 4P"4A�M" 000 $ "4g.MMJ q 9Mytpp �p/.��.p... (215,750) 17,5 233,273 (1,240,00 ) (4,820,775)= (3,580,77 ) 461,214 461,214 7,498,725 ,498,72 $ 45464 $ 7637 $ 33,273 $ 626725 $ 4151 $ 5544) .. . _""_... _.. .. , .q.. ,.... _ . ._ F-4 (Continued) MONROE COUNTY FLORIDA-BOARD OF COUNTY COMMISSIONERS 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, 1997 Total Variance Favorable _.,--.Budget Urofar�¢�__,....... _,-. ._. r bl ) A+ t�ual ( _...�._._... Revenues Intergovernmental $ 898,250 $ 898,250 $ Investment Income 325,000 ,_. 01 Total Revenues 1124 50 1,106.4 _._. lS S......... . Expenditures, Debt Service, Principal Retirement 3,655,000 3,655,000 Interest 2„014,990 2„014,990 Fiscal Charges _.1 j1197,g97 204,534 _ '99-25 Total Expenditures ,667,067 5, 4,52 92, 6 . Excess of Revenues Over/ (Under) Expenditures M43 637) 0,7 6„i 10 876"719:.. Other Financing Sources/(Uses),, Reserve for Contingencies (900,000) 900,000 Operating Transfers from Other Funds 0,000 �� 4,900;0 0 P g _,.. 9.... ..—....'. ._ _._ Total Other Financing Sources/(Uses) _.. w0 _.... .., 490 0 0 ). Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses (1, " 3,63 ') (4,768,118) 3,124,281) Fund Balance, October 1, 1996 8,284,086 8,284,08 Residual Equity Transfer Out (2,63,79 ) (2,573r, 9g) Fund Balance, September 30, 1997 $ w 4 249 ,-5 IS PAGE INTENTIONALLY LEFT BLANK MIONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET ALL CAPITAL PROJECT FUNDS SEPTEMBER 30, 1997 Sales Tax One Cent Bond Infrastructure Capital Surtax WImprovements Total ASSETS Cash and Cash Equivalents $ 16,865,362 $ 94,965 $ 16,960,327 Investments 3,237, 10 1,126p466 4,3 6,076 Accounts Receivable 4 Due from Other Funds 65,663 65,663 Due from Other Governmental Units 928,643 928,643 Interest Receivable 41954 41 9 Total Assets .:.. �. , ,, $_ 21 139 236 $ 1 223 431 $ 22 36 '66 LIABILITIES AND FUND EQUITY Liabilities: Accounts Payable 513,668 513,668 Accrued Wages and Benefits Payable 14„576 14,576 Accrued Compensated Absences Payable 1,789 1,789 Due to Other Funs 1,262,278 1,26 ,276 Due to Other Governmental Units 65050 Total Liabilities ,792,96 1,TIn963 Fund Equity-, Fund Balances, Unreserved 1 , 6,273 1,223,431 20,569,704, Total Liabilities and Fund Equity $ - .. 139 236 $ 12234,311� $ 22 '2 IT MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES L CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Sales Tax One Cent Bond Infrastructure Capital o. SUTtAX Improvements T r it Revenues: Taxes 12,009,003 1 ,0019„003 Charges for Services 199,815 — 199,815 Investment Income 63„570 61,925 665, 95 Miscellaneous 5j902 Total i Revenues �3 036 90 64163, 13,102,453 Expenditures: Capital Outlay: General Government 3„608,903 3,608,903 Public afety 49,708 49,708 Culture and Recreation __ 1,0 ,613 1,044,613 Total Expenditures 4,f 0 ,�44 �.4„703,44.. , . Excess of Revenues Over/ (Under) Expenditures 9, , 166.. ,... 1 . ,349„09 Otter Financing Sources/(Uses): Operating Transfers from Other Funds 519,539 519,539 Aerating Transfers to ether Funds 1, 01„63 ., .wY01,03). „.. .. ......... ..� .. .... Total Other Financing Sources/(Uses) 66 ,093) . ... .p 6 ,093u) Excess of Revenues and Other SourcesOver/ (Under) Expenditures and Other Uses 7,65 ,773 64,163 7,716„936 Fund Balance, October 1, 1996 9,019,701 10,178,969 Residual Equity Transfer In- ,673,799�. mm ,573„79r9 Fund Balance, September 30, 1997 $ 19 346 73 $ ....,M.�, 3� 1 $ ,569,704 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES,.EXPENDITURES AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL-ALL CAPITAL PROJECT FUNDS ,FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Capital,Projects, O ent Infrast aura Srtar Variance Favorable dget Actual (Unfavorable avenues- .......... _ .._. ,,. �._._v__. _._._. Taxes 10,000,000 12,009,003 2,009,003 Charges for Services 199,815 199,81 -- Investment Income 200,000 823,570 623,570 Miscellaneous 5,902 Total Revenues 10,399 815 13,0 29�0 2,638,475 Expenditures.- Capital Outlay: General Government- County Engineer 29 ,878 - 293,87 Jackson Square Trailers 3,000 3,000 JuNew dicial Complex 50,000 393 49,607 Old Courthouse 150,000 59,495 90,505 Lester Building I-,172,700 802,987 369,713 Courthouse Annex 200,000 79,050 120,950" Marathon Government Complex 150,000 1,014 148,986 Plantation Key Courtrooms 100,000 13,526 86,474 Plantation Key Garage 47,000 36,958 10,042 Plantation Key Courthouse-Ellis Building 171,024 4,499 166,525 Truman School 2,600,000 2,066,984 533,016 Fuel Tank Replacement 90,000 2,218 87,782 Marathon Garage 12,000 -- 12,000 Gato Building 700,000 32,084 667,916 Marathon HRS Building 730,815 495, 17 235,498 Bayshore Manor Improvements 20,000 7,888 12; Public Works 100,000 572 99,112 428 Tavernier HRS 100,000 2,918 97,082 Public Safety: Key Largo Volunteer Firi Department 1 Conch Key Volunteer Fire Department 52,000 42,35 9,615 Crawl Key Training 3,000 2,948 52 Detention/Correction Facilities --Stock -- Island Sheriffs Building 20,000 4,241 15,759 Culture and Recreation- Development of Panes 108,00 108,000 Wil elmina L, Harvey Park 60,000 4,349 55,651 Plantation Key Elementary School Ballfield 75,500 3,922 71,578 Watson Field Tennis 31,000 941 30,059 -3 Capital Projects, Sales Tax Bond Tatol Variance r r Favorable Favorable aad at Actual (Unfav ora bl � Actual (l n!a r bla). -- -® -- 10,000,000 12,009,003 2,009,003 -- 199,815 199,815 1, 61,925 200,000 665„495 685,495 2218 40 .�.....« - � 10, 99,816 1`3,102,,45 2,702,638 64 1 4,16 ,.v..a. .,..w......� "..,..w:.....,-..--..........._....-..,... ..maw..-m-.....�m. -- 93,878 -- 293,878 -- 3,000 3,000 -- 50,000 393 49,607 -- -- 150,000 59,495 90,50 -- 1,172,700 602,967 369„71.3 200,000 79,050 120,95!0 -- 150,000 1,014 148,986 -- 100,000 13,526 66,474 47,000 36,956 10,042 -� 171,024 4,499 166,525 2,600,000 2,066,964 533,016 90,000 2,216 87,782 � 1 ,000 -- 12,000 -- -- 700,000 32,084 667,916 -� -- 730,815 495,317 235,496 -- 20,000 7,888 12,112 -- -- 100,000 572 99,428 -- - 100,000 2,910 ,062 �. 1 -- 52,000 42,385 9,615 -- ,000 2,946 52 1,,100,000 1,1 0,000 1-,100,000 -- 1,100,000 . �. 20,000 4,241 15,759 -- 108,000 -� 106,000 -- -- 60,000 4,349 55,651 75,500 3,922 71,578 1,000 94f 30,059 G-4 (Con roue MON'ROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL -ALL CAPITAL PROJECT FUNDS -CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Capital Projects, One CehOnfrastructure Surtax Variance Favorable aI U.nfavro ble) d yet A+ot�w' Harry Harris Park 236,000 234,050 1,950 Bernstein Park 107,500 754 106,746 Friendship, 19,355 76„,514 63,344 Big PineSenior Center 50,000 50,000 Big Coppitt Key Park 219 187 32 Higgs Beach 117,500 6,465 109,035 arr Property 100,000 61,350 38,650 Coco Plum Beach 50,000 46 49,954 Sornbrero/Switlik Park 67,950 14,314 53,636 Islamorada Library 17,680 10,092 7,588 Oral Shores High School Soccer Field, 250,000 1,542 246,458 Marathon Park-Schwartz 300,000 66,976 213,024 Ann°s Beach 10,000 6,267 1,713 Boot Key Harbor Marina 600,000 532,443 67,557 East artello Towers- New Roof 100,000 581 99,419 West b ,. ._ .. artello Towers-New hoof ._..�W .100, 00 Total Expenditures 912 ,61 4,703,424 4,56 „369 Excess of Revenues Over/ (Under) Expenditures 1:,1 I3,00 ' 6,334,66 7� 21,664 Cher Financing Spur s/(Uses), eserve for Contingencies (376,365) ®- 376,355 Operating Transfers from Other Funds 519,539 519,539 Operating Transfers to Other Funds (520,525) (11', 4,36„693 Total th r Financing Sources/(Uses 5,6 660 662,093 5, 14,717.M. Excess of Revenues and Other Sources Over/ (Under) Expenditures and Other Uses ( ,763,87 ) -7,652,773 12,436,651 Fund Balance, October 1 f 1996 9,019,701 9,019,701 Residual Equity Transfer I - 2,673,799 Fund Balance, September 30, 1997 $ 4235823 $�„ 19346273 $ 15 110 450 Capital Projects, sales TaxBond 'mil lip eTotal ts - Variance . Favorable Favorable et Actual (unfaygrabl �!�et Actual ( fa rable) 236,000 234,050 1,950 � 1 7 754 106,746 139,858 76,514 63,344 50,000 - 50,000 219 1 ®® 117,500 6,465 109,03 �- 10,000 61,350 38,650 ®_ 50,000 46 49,954 7,950 14,314 53,636, 17,660 10,092 7,566 250,000 1,542 248,458 300,000 66,976 213,024 10,000 6,237 1,71 0,000 532,443 67,557 ®® �m 100,000 99,419 1 000� 0 1 g 100,000 1,10000,µ 10 366 613 4 70 42 ( ,100,00 (400,000) 400,000 (776,355) 776,35 519,539 519,539 1,632) _.w. .,52.0,525 (1„2 4,316, 3 (40 ,000) (6,296,660) �.... f'62,09 5�614®7f67„ ..om......,..w.�................:...:.._...p,. , (1,500,000) 64,163 1,54,1 (6,2 3,676) 7,716,.936 14,00 &614 1,159,268 1,15 ,266 10,178,969 10,178,969 � 2,191 799 2 73 7 pw.w.uw...,m.aw .» Z 15,64163 m. 3 695 091 2 56 16 6 613 , . . 032� 1 231..E .m.�.. �,,. ._.. �� .�.� _.�. M NR E COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET ALL ENTERPRISE FUNDS SEPTEM BER 30, 1997 Municipal Svc Card District Sound Marathon w, at _......_ _.._ hart° ASSETS Currant Assets; Cash and Cash Equivalents $ 8,6,25,707 $ 4,,629,390 $ 954,821 Cash with Fiscal Agent -- 7,871 Investments 710,,676 -- -- Accounts Receivable* Delinquent Waste Collection Fees 796,763 -- Allowance for Uncollectible Waste Collection Fees (740,767) -® Cher, 475,400 6, 0 Allowance for Other Un llectible (52,288) Due from Other Funds 23,039 362,095 Due from Other Governmental Units 115,126 170,089 Interest Receivable 0209 , ...... 7,26 Total Current Assets 09 9s9� 2 4, 1,493,. Restricted Assets: Cash and Cash Equivalents 3, 17,477 2`02„ 1 Property, Plant and Equipment (Net of Accumulated depreciation) 6 70, �? _ 4R7 6.2 _ $28 336 Other Assets: Deferred Charges (Net) Total Assets $ 2 ,586,080 $: 9„ 75„5a39 $ 6 96q 1,36 ®1 Key West ' ' rt .: _ .... $ 793,555 15,003,4473 , 871 710,61 796,763 (740,767) 22,325 504,,229 (52,266) 794,45 1,19,629 867,211 1,152,426 1,63J, 5, 63� 1n WW.....:: 1 .... 2,313s026 2 . -91 77613 6` 616 ( o nud MCA ROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET-CONTINUED ALL ENTERPRISE FUNDS EPTEMBER 30, 1997 Municipal-Svc Card District, Sound Marathon "waste B��.........�"....... Airport _." .. _. . _........ . ._ LIABILITIES AND FUND EQUITY Current Liabilities- Accounts Payable 965,401 3,900 , Accrued Wages and Benefits Payable 71,241 16,643 6,675 Accrued Compensated Absences 4,761 4,567 Claims and Judgements Payable 230,536 -- Due o Other Funds 110,722 50,671 1,733 Due o Other governmental Units 20,760 993 Matured Bonds Payable -- 5,000 -- Matured Premium Payable -- 2,871 ®® Deposits in Escrow 62,052 6,306 Deferred Revenues 323,546 Capital Leases Payable Total Current Liabilities 1�,616,�21 n�" ,639 4,1, 1m m Current Liabilities Payable from Restricted Assets: Accrued Interest Payable 268,366 -- Revenue Bonds'Payable 35 ,000 -- Landfill Closure/Post Closure Costs 432,683 -- �- Total Current Liabilities Payable from Restricted Assets 1,056,049 Long-Term Liabilities: Accrued Compensated Absences 146,670 16,693 16,974 Capital Leases Payable 1,643,654 -- -- Revenue Bonds Payable 7,600,000 -- - Total Long-Term Liabilities 9,592,524 16,63 16,974 Total Liabilities 12,264,786 103,t32 558,793 Fund Equity" Contributed Capital 3,312�666 21,1 `741 mm 4 230A �1 Retained Earnings: Reserved for Revenue Bond Retirement 1, W- -- Unreserved .........5,410,66, .. 6,757,2 6. 2 '1 : 74 _".". Total sterna Earnings 70 .8 408 . _ _6757,266. 2,10m.µTy1 574�. w......_ o.. Tote! Fund Equity 1 �1,294 9, "2,07.. 6, 2 ,59 Total Liabilities and Fund Equity 22586080 $ 9a9m . .4 . 6 366., H-3 Key West ^ 715,815 $ 1,881,888 33,714 , 130,473 ' 9,348 230,536 34,734 197,860 1,608, 23,381 5,000 2,871 IS,766 82,124 323,546 , .. 55 81 , 199,637 3,C 2,5508 268,366 355,000 432,683 1,0 A'49 120,930 305,467 1,643,654 7�600,000 1^ O930 9F49,11 13,847,678 -. m�� 3„Oq ,339 1 ,064, 85 , 1,597,746 31802,907 18112„409 7 . 19,760,155 +. .,o....,.m.«........ � 7 313 $ 46„672 18 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY ALL ENTERPRISE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Municipal Svc Card District Sound Marathon Operating Revenues: Tolls 966,71 . Charges for Services 10,593,963 616,264 Franchise Fees 3,405,562 Fines and Forfeitures — rm� mm Miscellaneous Tote{ Operating Revenuesm966,715 22�, Operating Expenses: Persona{ Services 1,701,986 422,923 194,373 Operations 11,032,125 98,292 972,657 LaAndfil{Closure and Post Closure 718,158 -p .,, ,3 ,,. Depreciation and Amortization 976 1 7 604 ,146,276 Total Operating Expenses ,. 14,428,587 68 1,819 1,313,306 Operating Income Loss y 3 C 89 . 277,,896 ( 91, Non-Operating Revenues(Expenses): Operating Grants 227,648 — 284,988 Investment Income 779,242 229,513 7'6,285 Interest Expenses and Fiscal Charges (65 , Loss on Disposition of Assets 201.271 Total Non-OperatingRevenues (Expenses) 334,472 228,, 6� �61 C p ) 3. Income (Loss) Before Operating Transfers 51,3 83 50 ,152 30, 4w Operating Transfers: Operating Transfers from Other Fonds 901,822 362,094 Operating Transfers to Other Funds (991 82 50,0020,0C1 Total Operating Transfers ___.... 90, �" Net Income (Loss) 161,376 456,152 (87,960) Fund Equity-October 1, 1996 10,158,918 8,815,855 6,431,946 Contributed Capital 1,000 111,607 Fund Equity-September 30, 1997 $_ 10 321294 $.gym n� 27 00 w � 4211 w, 294 Key West , 715 1,597, 71 12,807,698 3,405,562 413 41 7�3�7 35, �119 200'_ 17, 3 55 935,116 3,254,398 1,466,890 13,569,964 42,729 1,332,925 2,444,734 15,575A 5 ..d. 539,529 1®35,555} 545,695 ,0 „331 ' 176,596 1,261,636 (652,147) 22,765, 721�244 1, 45® 5 091,197 789,537 2,053,453 • 3I � 93 9 '�� 5 271,714 801,282 5,111,187 30,517,906 . 6 3282,5140 . MONROE COU"NTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF CASH FLOWS ALL ENTERPRISE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS Municipal Svc Card District Sound Marathon waste� Bridge AH ort Cash flows from operating activities: Cash received for services $ 13,929,,395 $ 973,788 $ 621,987 Cash payrnents to suppliers for goods and services (12,188,974) (49,621) (862,039) Cash payments to employees for services (1,722,998) (415,736) (186,072) Other operating revenue 4�,973 Net cash provided (used) by operating activities ........ 63,3 508431 Cash flows from noncapltalll financing activities; Operating grants received 237,918 163,792 Operating transfers from other funds 901;822 Operating transfers to other funds 9.1 A?J9 ........... Net cash provided (used) by non capital financing activities . ....14 ,3111 Ot 8" Cash flows from capital and related financing activities- Proceeds from capital grants — 66,607 Proceeds from sale of assets 22,540 Acquisition and construction of capital assets (379,596) (16,324) (161,575) Principal paid on capital debt (481,448) Interest paid on capital debt ............. Net cash (used) by capital and related financing activities 6,324) (94#968) ................ Cash flows from investing activities- Proceeds from sale and maturities of investment securities 3,838,733 1,341,103 Investment income 243L180 7 , 65 Net cash provided by investing activities 4,657,843 ,�8 3 85 Net increase(decrease)in cash and cash eq&alents 3,668,784 2,027,190 (418,218) Cash and cash equivalents at beginning of year _L8474,340r, '012jq71. 1,575,660 Cash and cash equivalents at end of year $ 12 f43 124 $ s, H-7 Key Est dat Total 1,666,922 $ 17,12,092 (9 6,264) (14,036,898) (955,036) (3,27 ,642) 7,75 3591,613 1 ...a 34 9'65 653,538 1,055,248 1 1,123,473 594,245 614,921 681,528 2,540 (1,833,013) (2,390,508) (481,448) ,179,836 176,596 6r,.495 7 T (782,489) 4,405,267 3,409,704 16, 69,695 2 27215 20�564 2 (Continued) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF CASH FLOWS ALL ENTERPRISE FUNDS ®CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 RECONCILIATION OF OPERATING INCOME (LOSS) TO -NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES Municipal Svc Card District Sound Marathon Waste BrI a. r ort Operating income (loss) .27T89,6_ $ ._ (' 911,1$7) Adjustments to reconcile operating income to net cash provided (used) by operating activities; Depreciation and amortization 976,318 167,604 146,276 Change in assets and liabilities: Decrease/([ncrease) in: Accounts receivable (60,095) — 5,593 Due from other funds (23,039) 7,073 130 Due from other governmental units 854 — (Decrease)/Increase in: Accounts payable (538,716) 109,786 Accrued wages and benefits payable 8,540 2,426 3,714 Accrued compensated absences (29,552) 4,761 4,587 Claims and judgements payable (13,765) Due to other funds 104,771 50,581 848 Due to other governmental units 19,108 264 (16) Deposits in escrow 12,150 Landfill closurelpost closure costs 11 6 ........................... Total adjustments 446,485 230,535 Net cash provided (used) by operating ' activities $ 3L 0 20 ;; 191 SUPPLEMENTAL SCHEDULE OF NON-CASH FINANCING, CAPITAL AND INVESTING ACTIVITIES Contributed fixed assets 11000 $ $00 ............. Loss on disposition of fixed assets 20,271 $ 1,257' $ 190 W9 Key West tr . .. .,._.. Total _. 42,728 1,332,926 �$'9.8p05 14,303 .,. 1,25 (14,579) (1 ) 844 503,422 72,31 (1109) 14,572 (19,812) (40,016) (13,765) 26®1 7 192.p37 1,047 20,403 ( 01) 11,549 622865 $ ( 1p4 2 13�a 700 1 ,2�,200. � 227 H-10 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF EXPENDITURES -BUDGET AND ACTUAL MUNICIPAL SERVICES DISTRICT-WASTE FOR THE YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable ...... I34_qpt__ ._Actual �Un ' . Operating Expenditures:Administration $ 385,268 $ 351,955 $ 33,313 Hazardous Waste 228,516 152,419 76,097 Recycling-Hazardous Waste Program 495,227 351,275 143,952 Franchise Operators 4,615,457 4,559,34.9 56,108 Facility Operations 70,000 2,400 67,600 Cudjoe Key Transfer Station 11781,458 1,761,293 20,165 Cudjoe Key Landfill 321,675 321,675 Cudjoe Key Post Closure 105,443 65,259 40,184 Long Key Transfer Station 2,110,760 2,080,035 30,725 Long Key Landfill 188,381 153,064 35,317 Long Key Post Closure 158,736 60,458 98,278 Key Largo Transfer Station 2,016,201 1,977,796 38,405 Key Largo Landfill 68,715 1® 16,808 Key Largo Post Closure 99,073 65,794 33,279 Pollution Control 580,071 444,,907 135,164 Recycling 1,018,316 871,078 147,238 Renewal and Replacement 2,653,553 - 2,653,553 Total Operating Expenditures ...... 16,896,850 31, 7 ,664 3,626 186 Non-Operating Expenditures: Operating Grants- Recycling Grant 20,529 20,529 DER Recycling Grant 158,793 158,793 Litter& Marine Debris Prevention Grant 19,166 19,166 Debt Service: Principal Retirement 481,460 481,448 12 Interest Expenses and Fiscal Charges 662,217 652,147 10,0�70 Capital Outlay 1,180,700 379,596 801,104 Loss on Disposition of Assets 20,280 9 Total Non-Operating Expenditures 2,543,145 1,731 6111 9, .................''........... Operating Transfers and Reserves- Reserve for Contingencies 664,925 - Operating Transfers to Other Funds _114 0 .9,01,829 016,171 ........... Total Operating Transfers and Reserves 2,064,925 9829 ................................ Total Expenditures $ 21504 920 $ H-1 1 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF EXPENDITURES m BUDGET AND ACTUAL CARD SOUND BRIDGE FOR THE YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Operating Expenditures- Card . t Actual �Unf��r�r��6 Sound Road &Toll Bridge $ 535,922 $ 510,041 $ 25,661 County Engineer 74„961 11,174 63,80-7 Card Sound Bridge 55,436 553 . Total Operating Expenditures16 ,341 21;216. 645„ 2'6 Non-Operating Expenditures- Capital Outlay 16,624 °t6,324 500 Loss ®n Disposition oaf Assets 43 Total sin-Operating Expenditures Operating Transfers and Reserves- Reserve for Contingencies 3,198,296 3,198,296 Operating Transfers to Other Funds 50,000 ., , 0 Total Operating Transfers and Reserves 3 24$,291 50,qp6 3,1g$2 Total Expenditures $ $ T $ 3 643 955 H-12 MO ROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF EXPENDITURES -BUDGET AND ACTUAL MARATHON AIRPORT FOR THE YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable ._._.,.. _,.........AalUrI� ...._ Operating enditures: Operation &Maintenance7 1,2 ' ' 593, 1.5 54002, Non-Operating Expenditures: Operating Grants: Airport Manning Studies 110,831 71,564 39,267 Runway Lighting 320,845 224,822 96,023 Airport Fencing 367,341 238,158 129,183 Master Airport Layout Plan 60,328 39,272 21,056 Capital Outlay 422,530 161,575 260,95 Loss on Disposition of Assets 1901, Total Non-Operating Expenditures _4__1,282,WS 7 5,51 1 546,464 Operating Transfers and Reserves- Reserve for Contingencies 28,126 28,126 ,. 'Operating Transfers Other Funds 1.,...��000 120, 0 $0,001�. t l Operating Transfers n Reserves t76 126 M _m P g 5 Total Expenditures $ �. �107 408 1 44�87 Via_ 56 612 H-13 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF EXPENDITURES -BUDGET AND ACTUAL, KEY WEST AIRPORT FOR THE YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Actual .......... .. .................... ............. Operating Expenditures. Operation & Maintenance $ 111 7 1328,040 2............. 0 $ Non-Operating Expenditures- Operating Grants: Airfield Drainage 296,180 288,364 7,016 Safety Fence 277,589 162,530 115,059 It Pond Enhancement 178,3109 109,578 68,731 Noise Buffer 247,562 170,733 76,829 Airport Planning Studies 152,792 56,217 102,575 Airport,Clear Zone 11 168,783 137,945 30,838 Airport Master PI ALP 58,240 39,020 19,220 Noise Study Update 97,107 53,227 43,880 Additional Parking 6,940 6,940 Large Parking Lot Expansion 375,000 20,543 Small Parking Lot Expansion, 300,000 3,913 296,087 Commercial Apron Ph 1 139,323 3,560 136,763 General Aviation Apron Ph 1 68,621 1,754 66,867 Capital Outlay 5,828,149 1,858,655 3,969,494 Loss ® Disposition of Assets 1 7 Total Non-Operating Expenditures 3,195 642 2,908,q 5,2�7,616 Operating Transfers and Reserves- Reserve for Contingencies 341,396 341,396 Operating Transfers to Other Funds 3199 399,W9 Total Operating Transfers and Reserves 341,396 Total Expenditures $ 10288147 4 e3,5 605 5652542 H-14 MONROE COUNTY,FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET ALL INTERNAL SERVICE FUNDS SEPTEMBER 30, 1997 Worker's Group Risk Compensation Insurance Management Fund Fund Fuhd ............... ASSETS Current Assets: Cash and Cash Equivalents 1,050,835 $ 2,972,990 $ 1,320,886 Accounts Receivable 25,080 197,494 48 Due from Other Funds — 380 6,5466 Due from Other Governmental Units 105,682 Total Current Assets 1,075,915 3,276,546 1,327,400 Property, Plant and Equipment (Net, Where Applicable, of Accumulated Depreciation) 4154 9 2,02 Total Assets $ 1080 jO69 $ 3285748 $ LIABILITIES AND FUND EQUITY Current Liabilities: Accounts Payable $ 48,956 $ 142,322 $ 588215 Accrued Wages and Benefits Payable 3,651 5,126 5,972 Accrued Compensated Absences 3,211 3,412 2,725 Claims and Judgements Payable 978,199 2,139,188 1,265,608 Due to Other Funds 28 — 1,194 Due to Other Governmental Units 25,435 Other Current Liabilities 87 1 Total Current Liabilities Long-Term Liabilities, Accrued Compensated Absences 6,030 11,065 5,453 Total Liabilities 1,065,597 1117 1,339,167 Fund Equity: Contributed Capital 621 2,527 Retained Earnings, Unreserved 13,851 962,11Q4 34065' Total Fund Equity 14,,472 964,631 3,065 ................ Total Liabilities and Fund Equity $ 080 069 $ 328,5748 _=.............1 �3 ... ....... H-15 Fleet Management Fun,d $ 5,831,443 m® 222,622 5,916 12,842 45 754 .......�...... 1, 4s058 1,902,166 $ �...,.m. . $ ,.. 8 150 920 75, 31 325,024 35,085 49,834 2,115 11,463 -- 4,382,995 1,222 25,45 120,071 112,, °31 4,616,044 45,631 69,19g �www.. a 159,362 4'm665,24 , 04,231 2,307,379 20, "22 .956,295 33m509 4,265,677 2 442' 1 6 1 20 M-16 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND EQUITY ALL INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 3 , 1 97 Worker's Group Risk Compensation Insurance Management Fw� Fund Operating Revenues: Charges ervices 1,7 61,62 7,�440,057 ,113,031 Miscellaneous � 1' '�8,46��, , 99 30,727` Total Operating Revenues 13„76r ' Operating Expenses: Personal Services 105,387 143,33 1 ,87 Operations 362,407 1,251, 5 789,793 Depreciation 1,960 2,392 5, 130 Asserted and Paid Claims 1,424,265 7�136,628 5801236 Total Operating Expenses 1,894�019 8,52, ,29$ 1,330,03�4, � ._. Operating Income (Loss) Non-Operating Revenues (Expenses): Investment Income 27,65455,500 Loss on Disposition o f Assets 11 Total Non-Operating Revenues(Expenses) 4 _21,36 . � � 54,662 Net Income (Loss) 13,71 (3 2,876) (131,724) Fund Equity-October 1, 1996 755 1,317,507 134,789 Contributed Capital Fund Equity-September 30, 1997 $ 14 472, $, 964 631 $ __3065 H-17 F! t Management Rind Total 2,294,071 12,` y ,780 1 q. dw T RHO' k,A'. 2,295,1 . 13y0300 853,696 1,257,351 ,103,54 3,507,619 26 ,599 279,081 6, 3 q19 2,L2 6, 9qw _ 13, 79,1, ,w..... ' 566.E 1 0 12,803 187,323 170 65,377 (405,506) 2,216,489 3,669,540 16'4 $ 2,263rv5009 H-16 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS° COMBINING STATEMENT OF CASH FLOWS ALL INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 INCREASE(DECREASE) IN CASH AND CASH EQUIVALENTS `4hlorkees Group Risk Compensation Insurance Management pond �u00 Fund Cash floras from operating activities- Cash received for services 2,037,388 7,670,561 1,110,297 Cash payments to suppliers for goods and services (1,501,695) (8,086,878) (985, 87) Cash payments to employees for services 006,492) (144,957) (154,576) Other operating revenue 118," ,1 30990 30,727 Net cash provided by operating activities 547,662 82,725 781' r Cash flows from capital and related financing activities: Acquisition of fixed assets Casa flogs from investing activities: Proceeds from sale and maturities of investment securities 212,399 92 ,421 Investment income 93,657 65,483, �.wm. t cash provided by investing activities 8,37 , 306,056 __?90,904. 0 Net increase in cash and cash equivalents 575,498 387,953 988,442 Cash s' 2," $5,0'37 332, h equivalents at beginning year 47�a37 _. _.._ Cash and cash equivalents at end of year $ 1050835� $ 2972990 1 320 $8 H-19 Meet Management Fund Total 2,287,120 13,105,366 (1,121,327) (11,695,587) (845,961) (1,251,986) .. 1,113 794,300 3 0a 952'093 . ....... .... ... 367 14339 1,13 ,532 _. _12,,80 . � , 6 ,..... 1..,, ,µ17 194,941 2,146,834 291,791 3684609 ' - r. ...486 732 $w:.:.... 5831443 H-20 IQon nued) MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF CASH FLOW ALL INTERNAL SERVICE FUN N71NUED FOR E FISCAL YEAR ENDED SEPTEMBER 30, 197 RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED BY OPERATING ACTIVITIES Workees, Group Risk Compensation Insurance Management .. Fund Fund Operating income (loss) ,18,9 S 2� $ Adjustments to reconcile operating income t sh provided by operating activities: Depreciation 1,960 2, Change in assets and liabilities- Decrease/(Increase) in- Accounts receivable 92,933 137,196 2,863 Due from other funds 181,632 1,440 (5,597) Due from r governmental units 1,202 91,868 ( ecrease)flnaase i m Accounts payable 19,074 58,429 29,235 Accrued rages and benefits payable (4,316) (4,976) (2,426) Accrued compensated absences 8,211 3,412 2,725 Claims and judgements payable 266,199 220,223 157,397 Due o other funds (223) ( 5) (1,896) Due o other governmental units (160) (3 ) (394) Other current liabilities �mm� 57, 17*451 Total adjustments 51,599 52 , � 7 � 7,0:37 Net cash provided by operating activities $ 547662......_ .... 2725 751 µ SUPPLEMENTAL SCHEDULE OF NON-CASH FINANCING CAPITAL AND INVESTING ACTIVITIES Contributed fixed assets Loss on disposition of fined assets $ u $ $ 948 H-21 Fleet Management Fungi 269a5 9 279,081 71 233,063 1,494 218,959 (48,506) 44,564 (13,205) 93,53 . 50520 ( ,09 )m 28.1 3 643,819 (4,5 , ) (7,,100) (42) ( 29) .... 17e 3 2590 1 v2 � 3 32°° $94,5 952 093 $ $ 1 1197 H-2,2 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONER$ SCHEDULE OF EXPENDITURES ®BUDGET AND ACTUAL WORKER!$ COMPENSATION FUND FOR THE YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable . if . "Aa�l f Urtifarw�rarbla ...,. M. .. Operating Expenditures: Administrative $ 102,929 $ 102, 81 $ 648 Operations and Claims 335,402 335,402 Claims 1,167,300 1,158,066 9,234 Safety & Loss Control 30,159 30,110 Asserted Claims 816 339 .._ 26 ,k1 ��...550m14b:,, Total Operating Expenditures _29452,1!29..., 1,892 Non-Operating Pa dltura y Capital Outlay 9 8 Total Expenditures $ ... 2453067 $' 1892596 $ 560"471 H-23 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF EXPENDITURES-BUDGET AND ACTUAL GROUP INSURANCE FUND FOR THE YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Budget, Actual n vo b Operating Expenditures: . Administration 197,606 1,043 6,563 Operations 1,370,641 1,204,235 '166,40 Group Insurance Claims 7,638,602 7,13 ,626 507,974 Asserted Claims „ 1,66 — 1,669,455 Total Operating Expenditures ' 10,0 ,3 4 6 25 006 2 3 $ Non-OperatingExpenditures: Capital Outlay 4 - 322 , Total Expenditures10880626._.,..._„ r _ , .. P $_ H-24 MONR E COUNTY, FLORIDA-BOARD OF COUNTY O MISSIONE S SCHEDULE OF EXPENDITURES -BUDGET AND ACTUAL RISK MANAGEMENT FUND FOR THE YEAR ENDED SEPTEMBER 3 , 1997 Variance Favorable Budget _._.,,.. Actual nf'avor�%ble Operating Expenditures- Administration 76,661 175,746 Operations 853,615 730,706 122,90 Claims 528,025 380,236 147,789 Safety and Loss Control 40,067 36®216 1,851 Asserted Claims 606„000 6 000 Total Operating Expenditures 2 04 366 1 324 904 79 46 , Non-Operating Expenditures: Capital Outlay, 4,231 3, 24 1,057 Loss on Disposition of Assets 950- 94 �. 2 Total Non-Operating Expenditures 5 231 172 1 059 Operating Transfers and Reserves: Reserve for Contingencies 108,003 p s $ 2 317 622` 1 32 07 966 54 Total Ex enditure H-25 NROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE EXPENDITURES -BUDGET AND ACTUAL FLEET MANAGEMENT FUND FOR THE YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Actual, lJnf orabl Operating en iture&. Public Narks Garage $ J0035,206 ,632 . 7,574 Fleetanagement Services- Fuel 637,768 533,137 104,631 Operations 6 ;414 93 Total Operating Expenditures �... r .6_9,36 l'67,2�0� 22, 56�. Tun.-Operating Expenditures: Capital Outlay 1478604 138,807 6,797 Loss on Disposition of assets '000 6,781, A 219' Total Non-Operafing Expenditures 167#604 1 4,5 13;0' Operating Transfers and Reserves: Reserve for Contingencies es 10" 0 . Total Expenditures _..._ 233755 $ . ._. � .11� 1 $ 0 H-26 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET ALL FIDUCIARY FUNDS SEPTEMBER 30, 1997 fXPENDASLE TRUST � AGENCY �FUNDS . FUNDS Law Drug Court Deferred Enforcement Abuse Facility Compensation Trust Trust Fees Plant Total . ....m, _ _... ..._.w . _n... ..�...._.._.................._. __..........�. �. ASSETS Cash and Cash Equivalents $ -14787 $ 5,233 $ 404,769 $ $ 536,789 Investments m ®® 1,842,995 1,842,995 Due from Other Governmental'Units 506,388 ,1 �� 509„582 ..�... . . w. .... Taal Assets $ 630 a 5 321 $ 40 ,575 $ 542, 5 $ mm2, 9366 LIABILITIES AND FUND BALANCES Llalllties; Accounts Payable 2,426 $ 2,4�25 Due to Others — 1,842,995 1,842,995 Due to Other Governmental Units 1$ 57 ®® 15,3 Total Liabilities 15�37 2,425 mm 1,642,995 1,669�516 Fund Balanced ....�... ., , _ . .� �� .� ._: �...�,..... ..�......_...........�..._,...;. Reserved r Fun Purposes 614,,765 5„693 4A7,575 1,028,556„ ,w_......._ Total Liabilities Balance 630 175 ' 4-07R6 m 99 ._. ... MONROE COUNTY, FLORIDA-BOARD F COUNTY MMI SI COMBINING STATEMENT OF REVENUES,EXPENDITURES AN CHANGES IN FUND BALANCES ALL EXPENDABLE TRUST FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 Law Drug Court Enforcement Abuse Facility Trust Trust Fees TOW Revenues: Charges for Services w ,7 1 40,711 Fines Forfeitures" � � 4�' � 2,229 866,964 ,95 Investment Income gin° T1 'I 1 2� ,1�., ,_ ��w� ..• . ,., Taal Revenues 858,296 ,048 936 2n2 Expenditures: Current, Public Safety 338,160 338,160 Human Services $4�0 , Taal Expenditures $�,15 , -�, 7 `�Y54 Excess of Revenues Over/ (Under) Expenditures 520,136 (29,952) 60,936 551�120 Fund Balance, October j 1 94,52 5, 45,9: Fund Balance, September 30, 197 14wSS 5� 4757 1 I15 5 1-2 MON OE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF CHANGES 114 ASSETS AND LIABILITIES ALL AGENCY FD'NDS FOR FISCAL YEAR ENDED SETEMBER 30, 1997 Balance Balance October 1, September 3 1 Additions Deductions 1907 DEFERRED D COMPENSATION PLANS: ASSETS Investments 1314812 597 3�t� $_.. _1, 4 LIABILITIES Due to Others $ 131.4 912 $ 97 37 $ 1 $ 1842995 Im .. MONROE COUNTY, FLORIDA-BOARD OF COUNTYMIMII I NE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE NC -BUDGET AND ACTUAL LAW ENFORCEMENT TRUST EXPENDABLE TRUST FOR FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable Rudg 4 Actual,, (Uri ivorabl , Revenue, Fines and Forfeitures- 350,337 ,7 504,388 Investment Income 6 71`6 4 , m . Total Revenues 352337 . . Expenditures, Current: Public Safety 446,6$9 Excess of RevenuesOver/ (Under) Expenditures 94,552) 52011,136 614,688 Fund Balance, October 4, 1996 ,6 mm Fund Balance, September 30, 1997 100 614 788� 614666 t-4 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUN® BALANCE -BUDGET AND ACTUAL: DRUG ABUSE TRUST EXPENDABLE TRUST FOR THE FISCAL,YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable udge A al (Unfavorable) p, .. _ ._� _.._.., Revenues; Fines and Forfeitures 3,000 $ 2,229 (771) Investment Income 1,000 1,819 819 Miscellaneous • . 1? a Total Revenues Expenditures- Current: Human Services Excess of Revenues Over/ (lender) Expenditures (29,800) (29,952) (152) Fund Balance, October°T, 1995 ," 35,64 Fund Balance, September 30, 1 9,045� $2 . k,• 1-5 MONROE COUNTY, FLORIDA-BOARD OF COUNTY M I I STATEMENT OF REVENUES, EXPENDITURES D CHANGES IN FUND BALANCE-BUDGET AND ACTUAL COURT FACILITY FEES EXPENDABLE UST FOR FISCAL YEAR ENDED SEPTEMBER 30, 1997 Variance Favorable nfalvo bi ) Revenues: Charges for Services 35,000 40,771 5,771 p ' Investment Income 10,000 0 115 01 w n W.. ., . �. ._�. 55 TotalRevenues �, eoam '5,9 Expenditures: Current; GeneralGovernment: Court Facility 254,976 '254,075 Excess of Revenues Over/ (Under) Expenditures �09„97 � �0, ° 0,91,1 Other Financing Sources/(Uses): Reserve for Contingencies Excess of Revenues and Other Sources Oven' (Under) Expenditures and Other Uses ( 59,150) 60,936 330,086 Fund Balance, October 1, ,939 346,939 Fund Balance, September 30, 1997 $ 77789 $ �7a9 5 $ 330086 MONROE COUNTY, FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE SEP'TEMBER 30, 1997 Total GENERAL FIXED ASSETS: Land 20,675,098 Buildings 71,377,062 Equipment 25,647,036 Construction In Progress Total General Raced Assets 11w24� 9 11 INVESTMENTS IN FIXED ASSETS: General Fund Revenues: County Funding $ 14,804,837 1988 Improvement.Revenue Bands 62,098 Federal Grants and Shared Revenues , State Grants and Shared Revenues 3,418,775 Donations 186,467 General Obligation Bonds 2,469,0117 Special Revenue Fund Revenues 16,868,034 Donations 3,286,951 Capital Project Fund. Special Revenue Sends 1,210, 51 1988 Improvement Revenue Bonds 1,433,012 1991 Sales Tax Revenue Bonds ,958,990 Federal Grants an , Shared,Revenues 1,668,429 State Grants and Shared Revenues 2,837,886 County Funding 43,842,507 Donations ..� .�2 , 5'5 w Total Investment in General Fixed Assets $ m tl 1 4„9�=, 1 J-1 MONROE COUNTY, FLORIDA,-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF GENERAL FIXED ASSETS BY FUNCTION AND AC11VITY EPTEM13ER 30, 1997 Construction Land Buildings Equi in Progress ,-,,,,Total General Government: Legislative $ $ $ 326,081 $ $ 326,081 Executive - 35,866 35,866 Financial and Atdrnlnistrative 439,179 3,475,439 2„910,371 - 6,724,089 Legal Counsel i.*; 52,861 52,861 Comprehensive Planning 1,436,820 28,580 223,268 1,6 N1,665 Judicial - 110,168 1,385,482 1,555,650 Other General Government 4,554,056 11,193,703 3,09�1,610 16,839,401 Total General Government 6,4�30,0 7 14,867,890 7,9� 29,223,516 Public Safety: Law Enforcement 359,962 1,236,239 - 1,596,201 Fire Control 519,135 11,765,421 7,395,8 11,650,452 Detention/Conrectiop 4,858,904 44,458,552 22,941 49, 0,097 Protective Inspections 14,508 80,915 95,723 Emergency&Disaster Relief Svcs 51,674 339,307 391,181 Ambulance and Rescue Svcs 13,215 2,2 ,424 2,307,639 Medical E a rrdner � .�33,,, 116 Total Public Safety 5,738,001 49,540,109 10,1660�699 �. 65,444,5�09 Physical Environment: Garbage/Solid Waste - 1115,674 � 115-,674 Conservation&Resource Mgmt 104„696 104,696 Other Physical Environment A511 ,° 11 Total Physical Environment 22$,661 2 $9'1 Transportation: Road and Street Facilities a," 21,147 3,130,803 3,151,.950 Airports m Parking Facilities 799, 3 �. 799j 3 ........ Total Transportation . 799�,96 1,147 3„130,663 3,954j$11 . Economic Environment: Employment Development - 14,363 14,363 Industry Development 369,000 107,635 476,635 Veteran's Services 7,106 27,106 Other Economic prnent elo 2 mm�,. , � 2' gym" ..... _ .. 2: 'total Econortic Environment 169,DOO 152,036 521„m,036 J-2 (Continued) MONROE COUNTY,FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY*CONTINUED SEP'TEMBER 30, 1997 Construction Land Buildings Equipment i Progress Total Human Services: riw ,. ..�.�.. �,,.. ._�....�.� .. _....._._.�_. ..� Hospitals — 34,510 157,873 192,383 Health 10,500 1,316,163 1,442,207 2,770,870 Welfare 448m338 877,064 13 190 . Total Human Services 19,000�. 1,601,011 2,4�77,144 4,207,156, Culture and Recreation; Libraries 110,197 3,787,347 311,757 4,2 9,301 Parks and Recreation 6,900,398 1,121,031 306,338 8,327,767 Special Recreation Facilities 300,152 23 ,263 532,41 Other Culture and Recreation 6,300 5,2 890,740 914,364 Total Culture and Recreation 7,319,047 5,14 ,005 1,517,63 , - 13,963,70 Court Related Expenditures: information System 49,560 49, 60 CouMy Court Cr inal-Public DoWndor -- 5 County Court Civil-Clerk of Court �. ,945 ,945 Total Court Related Expenditures 53,099 53 tI9 Construction in Progress 7,254,735 7,264,735 === _0 Total � $ 20 675 OI�6 $ 71, �,� , �7� � $ 124q�µr1� ... .,m__r�.�_. 377 062 25 647 036 ._�. Jm M NR E COUNTY,FLORIDA-BOARD OF COUNTY COMMISSIONERS SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS Y FUNCTION AND ACTIVITY FOR THE FISCAL YEAR ENDED SEPTE SER 30,1997 October 1, w September 30, 1996 Additions Deductions Ott Ott ' 11�97 General Government: Legislative $ 234,228 $ 94,049 $ 2,1 $ $ 326,061 Executive 35,067 5,814 5,015 - 35,866 Financial&Administration 7,005,148 136,359 529,062 121,679 11,315 6,724,969 Legal Counsel 51,497 4,727 - 3,363 52,661 Comprehensive Planning 752,055 1,0 .6,114 84,749 6,752 1,666,666 Judicial 1,417,861 298,748 160,959 1,555,650 01 Other General Government 18,93 ,141 .... 147,114 252,649 10,0 0., �IM... 1 ,6 g,...� _.._. Total general Government .. 26,432*0 1„71 ,,125. 1,034,850 131,949' 2.2,511 29,223,,516. .....- ... .W.W,. ..... Public Safety Law Enforcement 1,691,960 4,241 - - 1,596,201 Fire Control 9.,913,035 1,962,905 125,582 39,109 6,015 11,6€30,452 Detention/Correction 49,264,597 75,800 49, 0,397 Protective Inspections 102,736 7,677 12,350 2,340 95,723 Emergency &Disaster Relief Svcs 2,064 27,512 81,799 3,384 391,161 Ambulance Rescue Services 2,334,257 192,686 103,462 - 115,842 2,307,639 Medical Examiner � , 5w� o ...w . .w 22, „.. 129 Total Public Safety ,271 R:.... .. , 2 ., 42,493 124,101 Physical Environment: Garbage/Solid Waste 115,674 115,674 Conservation&Resource grnt 104„515 9,351 9,170 - 104,696 Other Physical Environment ,„,- 611r ww y 0 ,02 126,p5 9r 170 .... a., r .�... Total Physical Environment .., 1 � . � �....., � �.�...�.. ,., . ,. Transportation: Road and Street Facilities 2,823,709 467,118 124,701 14,176 3.161,9 0 ,Airports 130„70 - 130,70 Parking Facilities 799963 Total Transportation: ,,, 54, 7 ,. . . .. "t�6 r ... _ � .. .. 14 176 3951913 Economic Environment: Employment.Development 14,363 - 14,363 Industry Development 471,014 3,161 2,560 -- 476„ 5 Veteran's Services 25,304 1,602 - �, 21,106 Other Economic eve opulent a 3 - ., 2 0 Total Economic Environment ... 1 m 113 -9,903, „... . ..2AC,, Je4 (Continued) SCHEDULE OF CHANGES IN GENERAL FIXES}ASSETS Y FUNCTION AND ACTIVITY w CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 October 1, Transfore, September 30, 1496 Additions Deductions 0h 199 Human Services- Hospitals 192,383 192,333 Health 1,961,872 909„452 100,454 -- 2,77 ,S70 Welfare 1,347,926 m96.. z. __...w..._.. . .a. �. .... ,.. 1 303 1,7 2,788_ .. ...2 16,346 1,33 ��90 " Thal Human Services, .... ,1 'k.... �040,765 132,223 2m ... 16346 4_207 155... Culture.and Recreation.- Li radea 3,845,049 400,255 36,003 4,209,301 Parka and Recreation 8,197,465 137,379 7,077 -- 6®327,767 Special Recreation Facilities 532,415 -- 532„415 Other CAillure and Recreation , ��2 �3 I4 .... 6 33,9909°N „.�._..... . n .. " ....... �. w Total Culture and Recreation ,. 1W99 ,516 1� 0, . .W ........ �m.7 1 ,93,7 .. Court Related Expenditure& Intormatbon System 49,560 49,560 Courtly Court rimirrW-Public Defender 594 594 County Court Civil-Clerk of Court 945. 2,945 Total Court Related Fxpendltum 53,0 9 3,099 ,q_ Construction on Progress 6,4 54 36 ,909,693 3,099,320 7,264w735. Total 9 I .. 1ta ,29b 439,52 $ .�77, 0... 121 1 , � ,. ... .119 3 �._.__ MONROE COUNTY, FLORIDA-BOARD OF COUNTY_ COMMISSIONERS SCHEDULE OF CHANGES IN GENERAL LONG-TERM DEBT FOR THE FISCAL YEAR ENDED SEPTEMBER 3 ,, 997 Balance Balance ctober 1, September 30, 1 �6, Additions Retirements 1991 _. _.. .o General Long-Term Payable- Revenue Bands Payable; . Sales Tax Bonds, Series 1991 $ 30,340,000 3,100,000 $ 27,240,000 Refund improvement Bonds, 6eries'199 (93) 570,000 180,000 390,000 Refund Improvement Bonds, Series 193 5,350,000 51,0u o Total Revenue Ends Payable 3,65,000 33, 5,000 Accrued Compensated Absences 1!k52 , 90,1 0 Total General Long Term Debt Payable $ 38,782,922_ $�a,�.,, 90�5 3655000 $ 35 219 .... THIS PAGE INTENTIONALLY LEA BLANK KEMP Ed GREEN, P.A. 'Certified Public Accountants 1438 KENNEDY DRIVE P. 0. BOX 129 KEG WEST, FLORIDA 33041-1529 MEMBER OF AMERICAN INSTITUTE 0. KEMP, c.P,A, ( 5) 294-2581 AND PLORIDA INSTITUTE OF MARVA F. GREEN, C.P.A. FAX (305) 294-477E CERTIFIED PUBLIC' ACCOUNTANT'S REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL REPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS` PERFORMED IN ACCORDANCE WITH 6011ER#8E#T A11DITING STAADAR9S Clem Ex Officio Board of County Commissioners Monroe County, Florida We have audited the financial statements of the Board of County Commistioners Monroe County, Florida (the "Board" r the year ended September 30. Igg , and have issued report thereon dated March 10, 1998. We conducted audit in accordance wilth generally accepted auditing standards and the, standards applicable to financial audits contained in 6overnxent Auditing StdndarVs, issue Comptroller General of .the United Sates. As part of ,obtaining reasonable assurance about whether the Board's 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 v direct and material 'effect on the determination of financial statement amounts. However, providing n opinion, on compliance with those provisions was not an objective of our audit and, accordingly .. do not ekpress such an opinion. The results our tests disclosed no instancesof noncompliance that are re ired 'to be reported lender Internal Control Over Financial Rep2rting In planning and perforating our audit, we considered the' Board .s internal control over financial reporting in order to determine our ,auditinig procedure r the purpose of expressing opinion on the financial statements and, of to provide assurance on the internatcontrol- , over financialreporting. Our -I 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 control components does not reduce to a relatively low level the risk that misstatements in amounts that would be material in relation to the financial statements in audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We not no matters involving the internal control over financial reporting and its operation that we considered to be material weaknesses. This repqrt is intended for the Information of the Board of County Commissioners, management and federal awarding. agencies and pass-through entities However, this report is a matter of public record and its distribution is not limited. Kemp & Green.- P.A. Certified Public Accountants March 10, 1998 K-:2 KEMP Fd GREEN, P.A. Certified Public Accountants 11438 KENNEDY DRIVE P. o. BOX 1529 KEY WEST, FLORIDA 041.15 9 MEMBER OF AMERICAN INSTITUTE WW' . KEMP, C.P.A. (305) 2914-2581 AND FLORIDA INSTITUTE of A VA E. GREEN, C.P.A. FAX (305) 94-4 7R CERTIFIED PUBLIC ACCOUNTANTS INDEPENDENT AUDITORS' MANAGEMENT LETTER Clem Ex Officio Board of County Co m i ssioners Monroe County, Florida In planning performing r audit of the financial statements of the Board of County Commissioners Monroe County® Florida ("the Board") or the year ended September 30, 1997, we considered the Board'sinternal controls in order o determine auditing procedures for the pUrpose of expressingf our iNTion on the financial statements. Although our audit was designed to provide assurance on internal control , we noted certain matters involving internal control: and its o erati on, and are submi tti ng -for your tonsideration rel ate recommendations designed to helpthe Board make impro'vements and achiieve operational efficiencies.. Our,colments reflect our desire- to be of continuing assistance to the Board. Re orted in Prior Year's Mana e' nt Letter Nit I l ted as of 5qpLember , g 199 During the course f our audit of the financial statements of the Board of County Commissioners. we noticed appropriate actin had been taken upon recommendations and suggested accountingprocedures s outlined i the Management Comments sectionReport on Internal Control and Management ' 'Comments, for year ended September 30, 1, . except for thefollowing: Budgetary Compliance Observation:. Ej rida Statutes 129a01 permit the budgeting of a reserve for contingency not to exceed 1 of a furl initially adopted budget. Four funds' budgets for contingency reserves initially adopted® exceeded the 1OX limitation. In addition® it was noted that contingency reserves in six funds were budgeted within cost centers® which Makes it difficult to dete ine compliance is legal 0equirement., -3 �a�detary Compliance (Continued) Florida Statutes also requires- a 5% reduction of revenues as part of the adopted budget, We noted that one fund' budget did not contain the required reduction. Recommendation: Budgets should be adopted in accordance with legal requirements and within the limits provided by Florida Statutes. Ambulance Revenues Observation: Several significant delays were noted between the date of ambulance service and the date the ambulance billing was prepared. Ti mel y billings are necessary to increase collectibility. Recommendation: The cause for the delays should be investigated and resolved by management. Current Year Findings airy 2rL_2rant Revenues Observation: Significant grant receivables were recorded based on the amounts expended,on a project and the portion of the expenditures available for grant funding. Significant amounts of these receivables have not been collected to date because reimbursement requests had not been filed by the airport accountant. According to the airport accountant, the grantor had asked her to not request the funds until the amounts became "significant. " Although the amount for each grant might not be considered significant, the aggregate unrequested amount was significant. Recommendation: It is reasonable to comply with grantor requests when practicable. However® staff should consider the impact on the County. Reimbursement requests should be submitted on a routine basis, at least quarterly, in order that the County has access to all available funds. Observation: It appears that the reimbursement requests prepared and' filed by the airport accountant are not prepared from financial information reported in the general ledger and such requests are not consistently compared to the general. .ledger before they are submitted for reimbursement. There were K-4 eligible expenses which had not been ' requested for reimbursement. Reimbursement requests are not presently reviewed prior to submission nor are copies of the reimbursement requests sent to the Finance Department for the accounting records. Recommendation:, Reimbursement requests should be reviewed 'before they are submitted to insure that all eligible costs are requested and that the reports are in agreement with the County"' official books and records. Social Service Grants Pa roll Observation: Employees whose salaries are funded by federal grants are not completing time certifications as required by the Federal Off-ice of Management and Budget Circular A-87'. Cost Principles for State, Local and Indian Tribal Governments. The amount of payroll 'is not significant to the federal grant. Recommendation: The procedure should be implemented to meet federal funding requirements. OTHER REQUIRED DISCLOSURES We have reviewed the annual report filed with the Department of Banking and Finance for Monroe County, Florida pursuant to Section 2® Florida Statutes. This report is in agreement with the annual audit report is incorporates the financial statements of the Board of County Commissioners, of Monroe County, Florida. Marva Green was the Auditor in Charge for the audit of the Board of County Commissioners of Monroe County® Florida. We attest that the Auditor in Charge new the educational requirements pursuant to Chapter 11.45, Florida Statutes. The Board was not in a state of financial emergency as described in Florida Statutes, Section (1)® This report is intended for the information of the Board of County Commissioners, management and others within the County, and officials of applicable federal and state agencies® This restriction is not intended 'to limit the distribution of* this report, which is a matter of public record. Kemp & Green, P.A. Certified Public Accountants March 10, 1998 K-5