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Fiscal Year 1989 I I I I I IMONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS IFINANCIAL STATEMENTS SEPTEMBER 30, 1989 I I I I I I I I I I KEMP & GREEN, P.A. CERTIFIED PUBLIC ACCOUNTANTS t I I . CONTENTS I Page Independent Auditors' Opinion 1 IGeneral Purpose Financial Statements: ICombined Balance Sheet - All Fund Types and Account Groups 2-5 Combined Statement of Revenues, Expenditures and Changes in Fund Balances, Ali Governmental Fund Types 6-7 I Combined Statement of Revenues, Expenditures and Changes In Fund Balances, Budget and Actual - General , Special Revenue, IDebt Service and Capital Project Funds 8-11 Combined Statement of Revenues, Expenses and Changes In Retained IEarnings - All Proprietary Fund Types 12 Combined Statement of Changes In Financial Position - All Proprietary Fund Types 13 INotes to Financial Statements 14-33 I Combining Statements - Supplemental Information: General Fund - Statement of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual 34-38 I Special Revenue Funds: Combining Balance Sheet 39-44 Combining Statement of Revenues, Expenditures and Changes in I Fund Balance 45-50 Statements of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual : I Community Development Block Grant 51 Fine and Forfeiture 52 Road and Bridge 53 Law Library 54 I Tourist Development, District One 55 Tourist Development, District Two 56 Tourist Development, District Three 57 I Tourist Development, District Four 58 Tourist Development, District Five 59 Fire and Ambulance #1 - Lower and Middle Keys 60-61 I Fire and Ambulance #5 - Tavernier 62 Fire and Ambulance k6 - Key Largo 63 Translator System Service District 64 Special Road District - Cross Key Waterway Estates 65 I I I I CONTENTS (Continued) Pape ICombining Statements Information (Continued) : I Special Road District - Venetian Drive 66 Mariners Hospital District 67 Unincorporated Area Service District - Planning, Building and Zoning 68-69 Unincorporated Area Service District - Parks and Recreation 70 Upper Keys Health Care Special Taxing District 71 I Debt Service Funds: Combining Balance Sheet 72 Combining Statement of Revenues, Expenditures and Changes In I Fund Balances 73 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual 74-75 I Capital Project Funds: Combining Balance Sheet 76 Combining Statement of Revenues, Expenditures and Changes In I Fund Balances 77 Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual 78-81 I Enterprise Funds: Combining Balance Sheet 82-83 Combining Statement of Revenues, Expenses, and Changes in I Retained Earnings 84 Combining Statement of Changes In Financial Position 85 Schedule of Expenditures - Budget and Actual I Municipal Services District - Waste 86 Card Sound Bridge 87 Internal Service Funds:' Combining Balance Sheet 88 Combining Statement of Revenues, Expenses, and Changes In Retained Earnings 89 I Combining Statement of Changes In Financial Position 90 Schedule of Expenditures - Budget and Actual Workmen's Compensation Fund 91 I Group Insurance Fund 92 Risk Management Fund 93 Account Groups:I Schedule of General Fixed Assets by Source 94 Schedule of General Fixed Assets by Function and Activity 95-96 I 1 1 CONTENTS (Continued) Page 1 Combining Statements Information (Continued) : 1 Schedule of Changes In General Fixed Assets by Function and Activity 97-100 Schedule of General Long-Term Debt 101 1 Schedule of Changes in General Long-Term Debt 102 Other Reports: Report on Internal Accounting Control and Management Comments 103-107 1 Report on Compliance 108 Single Audit/Grants Compliance Schedules: 1 Independent Auditor's Report on Supplemental Schedule of Federal and State Financial Assistance 109 Schedule of Federal Financial Assistance 110-117 1 Schedule of State Financial Assistance 118-121 Notes to Schedule of Federal and State Financial Assistance 122 Independent Auditor's Report on Compliance with General Requirements of Certain Laws and Regulations Related to Both 1 Major and Non Major Federal Financial Assistance Programs 123 Independent Auditor's Report on Compliance with Specific Requirements of Certain Laws and Regulations Related to Both 1 Major and Non Major Federal Financial Assistance Programs 124-125 Independent Auditor's Report on Internal Controls (Accounting and Administrative) Based on a Study and Evaluation Made as Part of an Audit of the General Purpose Financial Statements 1 and the Additional Tests Required by the Single Audit Act 126-128 Schedule of Findings and Questioned Costs 129 1 1 i 1 1 1 i KEMP 13 GREEN, P.A. Certified Public Accountants 1438 KENNEDY DRIVE P. O. BOX 1529 KEY WEST, FLORIDA 33041-1529 MEMBER OF AMERICAN INSTITUTE WM. 0. KEMP, C.PA. (305) 294-2581 AND FLORIDA INSTITUTE OF MARVA E. GREEN, C.P.A. FAX # (305) 294.4778 CERTIFIED PUBLIC ACCOUNTANTS Mr. Danny L. Kolhage Clerk Ex Officio Board of County Commissioners Monroe County, Florida We have audited the general purpose financial statements of the Board of County Commissioners of Monroe County, Florida (the "Board") and the combining, individual fund and account group financial statements and schedules of the Board as of September 30, 1989, and for the year then ended, as listed in the table of contents. These financial statements are the responsibility of the Board's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of misstatement. An audit includes examining, on a test basis, evidence ' supporting the amounts and disclosures In the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, ' in all material respects, the financial position of the Board of County Commissioners of Monroe County, Florida as of September 30, 1989, and the results of its operations and its changes in financial position for the year then ended in conformity with generally accepted accounting principles. chc,, , 174 Kemp A. Green, P.A. Certified Public Accountants February 28, 1990 I NONROE COUNTY, FLORIDA — BOARD OP COUNTY C0MMISSI0NERS COMBINED BALANCE SHEET 11 ALL FUND TYPES AND ACCOUNT GROUPS SEPTEMBER 30, 1989 11 GOVERNMENTAL FUND TYPES Special Debt Capital 1/ General Revenue Service Projects ASSETS AND OTHER DEBITS 4 Assets: Cash and Investments S 11,065,453 S 26,781,783 S -- $ 361,986 11 Cash with Fiscal Agent -- -- 6,801 -- Accounts Receivable: Delinquent Waste Collection Fees -• -- -- -- Allowance for Uncollectibte Waste Collection Fees •- -• .. -- other 81,928 658,087 -- 439,588 Allowance for Other Uncol lectible -- (443,167) -- -- Mortgage Not. Receivable -- 510,548 -- - 11 - Due from Other Funds 894,417 274,719 61,815 5,734 Due from Other Governmental Units 2,514,133 833,906 -- 31,496 Restricted Assets: Cash 59,133 -- 57,487 -- Investments at Cost or Amortized Cost -• -- 1,170,239 7,107,371 Property, (Net, Where Applicable 11 of Accuutated Depreciation) -- -- -- -- Deferred Charges •- -- -. -- Other Debits: Amount Available for Debt Service -- -- -• -- Amount to be Provided for Retirement of General Long-Term Debt -- -- -- -- JI Total Assets and Other Debits $ 14,615,064 S 26,615,876 $ 1,296,342 S 7,996,175 ............. .......o•.... ...........e. .e........... 7 I I 2 11 II II PROPRIETARY FOND TYPES ACCOUNT GROUPS TOTAL ! General General Interned Fixed Long-Term Memorandum Enterprise Service Assets Debt Only II 11 S 6,297,615 S 1,708,321 S 13,427 -- -- S -- $ 46,215,358 -- 20,228 e 1,537,677 -- -- -- 1,537,677 (884,313) -. -- -- (884,313) II 129,937 242,273 ---- ---- 1,601,813 (59,155) (502,322) -- 510,548 7,382 373,121 -- -- 1,617,188 II -- -- --327,806 381 3,707,722 2,501,490 2,618,110 II1,136,723 -- -- -- 9,414,333 8,248,885 25,648 45,586,212 -- 53,860,745 346,813 -- -- -- 346,813 II -- -- -- 1,289,540 1,289,540 ' -- -- -- 9,124,286 9,124,286 S 19,604,487 S 2,349,744 S 45,586,212 $ 10,413,826 $ 130,477,726 (continued) The notes to the financial statements are an integral part of these statements. II II II II II MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS , COMBINED BALANCE SHEET —CONTINUED ALL FUND TYPES AND ACCOUNT GROUPS SEPTEMBER 30, 1989 ' GOVERNMENTAL FUND TYPES Special Debt Capital ' General Revenue Service Projects LIABILITIES, FUND EQUITY MID OTHER CREDITS I Liabilities: Accounts Payable S 1,104,905 $ 1,867,253 $ -- $ 16,730 ' Accrued Wages and Benefits Payable 437,566 283,903 -- 720 Claims and Judgements Payable -- -- -- -- Contracts Payable 352,903 -- -- 15,536 IIDue to Other Funds 418,258 887,211 -- 126,618 Due to Other Governments 112,013 571 -- -- Matured Bonds Payable -- -- -- -- Matured Interest Payable -- -- 6,802 -- II Matured Premium Payable -- -- -- .- Deposits in Escrow 168,197 -- -- -- Deferred Revenues 141,333 -- -- -- Capital Leases Payable - Current -. -- -- -- 11 Payable from Restricted Assets: Accounts Payable -- -- -- 384,888 Contracts Payable -- -- -- 126,163 Accrued Interest Payable -- -- -- - II - Revenue Bonds Payable - Current -- -- -- -- Other Current Liabilities 27,234 385 -- -- Accrued Compensated Absences -- -- -- -- Capital Leases Payable -- -- -- - 11 - Revenue Bonds Payable -- -- -- -- Long-Term Debt -- -- -- -- Total Liabilities 2,762,409 3,039,323 6,802 670,655 1 Fund Equity and Other Credits: 11 Investment in General Fixed Assets -- -- -- -- Contributed Capital -- -- -- -- Retained Earnings: Reserved for Revenue Bond Retirement -- -- -- -- Unreserved -- -- -- -- Fund Balances: Reserved for Encutrances 88,254 159,933 -- -- II Reserved for Library, Children's Rom 12,804 -- -- -- Reserved for Construction Trust Purposes 59,133 -- -- 6,596,320 Reserved for Mortgage Loans -- 510,548 Unreserved 11,692,464 24,906,072 1,289,540 729,200 il Total Fund Equity and Other Credits 11,852,655 25,576,553 1,289,540 7,325,520 Total Liabilities, Fud Equity and Other Credits S ._14,615,064 $ 28,615,876 $ 1,296,342 S 7,996,175 j I I 4 I 1 i PROPRIETARY FUND TYPES ACCOUNT GROUPS TOTAL IL General Omura! Internal Find Long-Term NanoruMUR Enterprise Service Assets Debt Only II II S 561,634 S 95,372 f -• f f 3,645,894 155,799 14,099 892,087 380,487 1,427,917 -• -- 1,808,404 II 29,950 -- -. -. 398.389 167,623 17,478 1,617,188 -- 36 .. •• 112,620 10,000 -- •- -- 10,000 ' 306 .. .. -- .. 7,108 3,121 3,121 20,023 -- -- -- 188,220 II -- - 60,303 -- -- 201,636 99,293 99,293 -- •- •• -- 384,888 61,052 .. 187,215 Il 290,309 290,309309 315,000 -- 315,000 -- 3,743 -- -- 31,362 ' 105,979 9,892 -- -- 115,871 71,480 71,480 8,447,347 -- -- -. 8,447,347 -- -- -- 10,413,826 10,413,826 ' 10,779,706 1,568,537 .. 10,413,826 29,241,258 ' -- -. 45,586,212 -- 45,586,212 2,808,410 •- -- -- 2,808,410 ' 3,286,852 -- -- -. 3,286,852 2,729,519 781,207 -- •• 3,510,726 ' -. •- -. -• 248,187 12,1304 -- •- -- -- 6,655,453 -- _. -- -. 617,276 II 38,617,276 8,824,781 781,207 45,586,212 -. 101,236,468 ' $ 19,604,487 $ 2,349,744 $ 45,ma,212. 10,413.3,8826. $ 130,477,726 IIThe notes to the financial statements are an integral pert of these statements. I E MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS ' COMBINED STATEMENT OF REVENUES, EIPENDITURES AND CHANGES IN FUND BALANCE ALL GOVERNMENTAL FUND TYPES FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 GOVERNMENTAL FUND TYPES I Special Debt General Revenue Service ' Revenues: Taxes $ 9,652,235 S 28,286,150 S -- Licenses S Permits 138,254 1,914,686 -- Interpovermental Revenues 10,582,120 2,883,676 868,471II Charges for Services 2,802,296 662,838 -- Fines 8 Forfeitures 19,164 1,837,807 -- Interest Income 991,989 2,377,447 77,518 , Miscellaneous Revenues 283,068 1,833,767 14,434 Total Revenues 24,469,126 39,736,371 900,423 Expenditures: Current: General Goverment 12,729,205 2,660,218 - II - Public Safety 1,346,749 21,289,280 -- Physical Environment 240,970 -- -- Transportation 3,161,666 3,265,087 -- Economic Environment 565,027 4,501,324 - II - Human Services 4,108,295 675,564 -- Culture and Recreation 1,469,763 852,484 Debt Service 155,901 20,566 424,703 Capital Outlay -- -- -- Total Expenditures 23,797,576 33,264,523 424,703 IIExcess of Revenues Over/ (Under) Expenditures 671,550 6,471,848 475,720 IIOther Financing Sources (Uses): Transfers from Other Funds 1,779,921 113,169 -- Transfers to Other funds (1,031,502) (899,295) -- Capital Lease Acquisition 156,698 -- - II - Proceeds from Bends -- -- -- Total Other financing II Sources/(Uses) 905,117 (786,126) -- Excess of Rennie, and Other Sources Over/(Under) II Expenditures & Other Uses 1,576,667 5,665,722 475,720 Fund Salence, October 1, 1988 10,275,988 19,890,831 813,820 I Fund Balance, September 30, 1989 S 11,252,655 S 25,576,553 $ 1,289,540 ._.:........e. II II i 1 TOTAL Capital Beaer.ndi, Projects Only $ -- $ 37,938,385 2,052,940 .- 31,4% 14,305,763 3,405,134 -• 1,856,971 ' 437,314 118,020 3,884,268 2,249,289 586,830 65,692,750 ' 15,389,423 22,636,029 240,970 6,426,753 5,066,351 4,783,859 -- 2,342,247 -• 601,170 1,909,5 R 1,909,572 1,909,572 59,396,374 (1,322,742) 6,296,376 187,400 2,080,490 ' (118,193) (2,048,990) 156,698 7,060,770 7,060,770 ' 7,129,977 7,248,968 5,807,235 13,545,344 ' 1,518,285 32,498,924 s 7,325,520 $ 46,044,268 The notes to the financial statements are an integral part of these statements. 1 7 MONROE COUNTY, FLORIDA - BOARD OF COUNTY C05M1ISSIONERS ' COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL GENERAL, SPECIAL REVENUE, DEBT SERVICE AND CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 GENERAL FUND TYPES Variance I Favorable Budget Actual (Unfavorable) ' Revenues: Taxes S 9,704,01.3 S 9,652,235 S (51,808) Licenses & Permits 184,178 138,254 (45,924) ' Intergovernmental Revenues 11,311,601 10,582,120 (729,481) Charges for Services 2,027,230 2,802,296 775,066 Fines 6 Forfeitures 18,652 19,164 512 Interest Income 596,117 991,989 395,872 , Miscellaneous Revenues 357,163 283,068 (74,095) Total Revenues 24,198,984 24,469,126 270,142 Expenditures: 3 Current: General Goverment 13,407,738 12,729,205 678,533 Pubtic Safety 1,598,101 1,346,749 251,352 Physical Environment 264,300 240,970 23,330 Transportation 4,032,177 3,161,666 870,511 Economic Environment 1,008,399 565,027 443,372 Nunn Services 5,434,896 4,108,295 1,326,601 Culture and Recreation 1,609,919 1,489,763 120,156 Debt Service 409,939 280,901 129,038 Capital Outlay .. .. -- Total Expenditures 27,765,469 23,922,576 3,842,893 Excess of Revenues Over/(Under) Expenditures (3,566,485) 546,550 4,113,035 J Other Financing Sources (Uses): Reserve for Contingencies (321,655) -- 321,655 Transfers frost Other Funds 1,839,322 1,779,921 (59,401) Transfers to Other Funds (1,031,502) (1,031,502) -- Capital Lease Acquisition 156,698 156,698 -- Proceeds from Tax Anticipation Notes •• .. -- Proceeds from Bonds -. -. -- Total Other Financing Sources/(Uses) 642,863 905,117 262,254 Excess of Revenues and Other Sources Over/(Under) 3 Expenditures and other Uses - Budgetary Basis (2,923,622) 1,451,657 4,375,289 Adjustments from Budgetary Basis to GAAP Basis 125,000 125,000 -- Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses • GMP Buis (2,798,622) 1,576,667 4,375,289 Fund Balance, October 1, 1988 10,275,988 10,275,988 -- Fund Balance, Septenbsr 30, 1989 S 7,477,366 S 11,852,655 S a'i4,375,289' 3 8 I I i SPECIAL REVENUE FUND TYPES DEBT SERVICE FUND TYPES iVariance Variance favorable lavorable Budget Actual (Unfavorable) s dget Aetual (Unfavorable) I S 27,533,807 $ 28,2(16,150 $ 752,343 S -- S -- S -- 1,003,142 1,914,696 911,544 -- -- 2,795,2% 583,755 2,883,676 602,838 88,380 19,083 890,602 808,471 (81,931) -- 1,291,447 1,837,807 546,360 -- -- -- 751,946 2,051,469 1,299,523 50,000 77,518 27,518 II 5,250 79,541 74,291 14,434 14,434 33,964,643 37,656,167 3,691,524 940,402 900,423 (39,979) II 2,965,384 2,660,218 305,166 -- -- -- II22,308,637 21,289,280 1,019,357 -- -- -- 7,339,580 3,265,087 4,074,493 -- -- -- ' 7,620,987 4,501,324 3,119,663 ---- -- -- 941,686 675,564 266,122 1,081,610 852,484 229,126 582,447 20,566 561,881 878,152 424,703 453,449 42,840,331 33,264,523 9,575,808 878,152 -- 424,703 453,449 1 (8,875,688) 4,391,644 13,267,332 62,250 475,720 413,470 (350,200) -- 350,200 (857,957) -: 857,957 113,169 113,169 (899,295) (899,295) 399,000 -: (399,000) -- ---- -- (737,326) (786,126) (48,800) (857,957) -- 857,957 II (9,613,014) 3,605,518 13,218,532 (795,707) 475,720 1,271,427 (9,613,014) 3,605,518 13,218,532 (795,707) 475,720 1,271,427 II17,234,880 17,234,880 813,820 813,820 1 S 7,621,866 $ 20,840,398 $ 13,218,532 S 18,113 S 1,289,540 S iie1,271,427 (contilwed) ' The notes to the financial statements are en integral part of these statements. 9 f MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS ' COMBINED STATEMENT OF REVENUES, EIPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL GENERAL, SPECIAL REVENUE, DEBT SERVICE AND CAPITAL PROJECT FUNDS - CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989II CAPITAL PROJECT FUND TYPES Variance i Favorable Budget Actual (Unfavorable) IIRevenues: Taxes S -- S -- S -- licenses S Permits -- -- -- II Intergovermm,tal Revenues 152,746 31,496 (121,250) Charges for Services 75,000 -- (75,000) Fines S forfeitures -- -- -- Interest Income -- 437,314 437,314 II Miscellaneous Revenues 127,151 118,020 (9,131) Total Revenues 354,897 586,830 231,933 Expenditures: II Current: General Goverment -. -- -- Public Safety -. .. -- II Physical Environment -- -- -- Transportation .. -. -- Economic Environment -. -. -- Hunan Services -- -- -. 11 Culture and Recreation -- -- -- Debt Service .. -- -- Capitaf Outfay 8,849,439 1,909,572 6,939,667 11 Total Expenditures 8,849,439 1,909,572 6,939,867 Excess of Revenues Over/(Under) Expenditures (8,494,542) (1,322,742) 7,171,800 II Other Financing Sources (Uses): Reserve for Contingencies (265,768) -- 265,768 Transfers from Other Funds 187,400 187,400 -- Transfers to Other Funds (118,193) (118,193) -- Capitol Lease Acquisition -- -- -- Proceeds from Tax Anticipation Notes -. .. -- Proceeds from Bonds 7,091,567 7,060,770 (30,797) II Total Other Financing Sources/(Uses) 6,895,006 7,129,977 234,971 Excess of Revenues and Other Sources Over/(Under) 1 Expenditures and Other Uses - Budgetary Basis (1,599,536) 5,807,235 7,406,771 Adjustments from Budgetary Basis to GMP Basis -- -- .. Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses - GMP Basis (1,599,536) 5,807,235 7,406,771 Fund Balance, October 1, 1988 1,518,285 1,518,285 -- 1 Fud Bafame, September 30, 1989 S (81,251) S '.-:7,325,520. ...:7,406,771. 11 10 I 1 II III TOTAL • MEMORANDUM ONLY ll Variance Favorable IIBudget Actual (Unfavorable) $ 37,237,650 $ 37,938,385 S 700,535 II 1,187,320 2,052,940 665,620 75,150,045 76,305,763 (844,262) 2,685,985 3,405,134 719,149 1,310,099 1,656,971 546,872 II 1,398,063 3,558,290 2,160,227 489,564 495,063 5,499 II59,458,926 63,612,546 4,153,620 II 16,373,122 15,389,423 983,699 23,906,738 22,636,029 1,270,709 264,300 240,970 23,330 11,371,757 6,426,753 4,945,004 ' 8,629,386 5,066,151 4,783,859 3,563,035 6,376,582 1,592,723 2,691,529 2,342,247 349,282 1,870,538 726,170 1,144,368 III8,849,439 1,909,572 6,939,867 80,333,391 59,521,374 20,812,017 II (20,874,465) 4,091,172 24,965,637 ' (1,795,580) -- 1,795,580 2,139,891 2,080,490 (59,401) (2,040,990) (2,048,990) -- 156,698 156,698 -- ' 399,000 •- (399,000) 7,091,567 7,060,770 (30,797) ' 5,942,586 7,248,968 1,306,382 (14,931,879) 11,340,140 26,272,019 II 125,000 125,000 -- ' (14,806,879) 11,465,140 26,272,019 29,842,973 29,842,973 -- II $ =15,036,094 S 41,308,113 S 26,272,019 ' The notes to the financial statements are an integral part of these statements. 11 I MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS ' COMBINED STATEMENT OF REVENUES, EIPENSES AND CHANGES IN RETAINED EARNINGS ALL PROPRIETARY FUND TYPES FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 ' Internal Total Enterprise Sondes (MNMrandun Funds Funds Only) I Operating Revenues: Tolls S 850,912 S -- S 850,912 ' Charges for Services 7,966,417 4,878,0% 12,844,513 Franchise Fen 837,203 -- 837,203 Miscellaneous Revenue 25,051 15,586 40,637 Total Operating Revenue 9,679,583 4,893,682 14,573,265 , Operating Expenses: II Services 2,811,200 251,438 3,062,638 Professional Services 3,175,450 250,361 3,425,811 Utility Services 122,654 -• 122,654 Insurance 202,649 1,156,578 1,359,227 II Repairs and Maintenance 413,018 8,380 421,398 Operating Supplies 250,630 17,679 268,309 Other Operating Expenses 230,459 32,207 262,666 Depreciation 967,560 7,397 974,957 11 Asserts and Paid Claims •- 3,270,154 3,270,154 Total Operating Expense 8,173,620 4,994,194 13,167,814 11 Operating Income (loss) 1,505,963 (100,512) 1,405,451 Non-Operating Revenues (Expenses): I Taxes 5,023 -- 5,023 Operating Grants 88,712 -- 88,712 Interest Incas 774,909 136,962 911,871 Interest Expanses end Fiscal Charges (730,690) -- (780,690) 11 Total Non-Operating Revsraes (Expenses) 87,954 136,962 224,916 Insane (Loss) Before Operating Transfers 1,593,917 36,450 1,630,367 Operating Trasfers: 3 Transfers to Other Funds (31,500) -- (31,500) Total Operating Transfers (31,500) -- (31,500) II Net Income (Loss) 1,562,417 36,450 1,598,867 Retained Earnings - October 1, 1988 7,262,364 744,757 8,007,121 11 Retained Earnings - Septeebar 30, 1989 S 8,824,781 $ 781,207 S 9,605,988 I The notes to the statements as an integral part of these steteaents. ■ I 12 11 II MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMI SSIONEAS CONFINED STATEMENT OF CHANGES IN FINANCIAL POSITION ALL PROPRIETARY FUNDS ' FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Internal Total II Enterprise Service fundsOnly) ' Sources of Working Capital: Operations Net Income (Lose) $ 1,562,417 S 36,450 S 1,598,867 Item Not Requiring (Providing) Working Capital: ' Loss on Disposal of Assets 2,289 946 3,235 Depreciation and Dple[lom 965,272 7,435 972,707 Amortization of Deferred Charges 26,552 -- 26,552 Amortization of Cpital Appreciation I on 1985 Refunding Improvasent Bade 167,180 167,180 Increase (Decrease) in Accrued CoopMrated Absences 15,803 4,451 20,254 II Working Capital Provided (Used) by Operations 2,739,513 49,282 2,788,795 Inerease in Capital Leases 234,620 -• 234,620 Net Decrease in Restricted Assets 922,024 -- 922,024 ' Total Sources (Uses) of Working Capital 3,896,157 49,282 3,945,439 Uses of Working Capital: I Additions to Property, Plant and Equipment 1,131,763 17,572 1,149,335 Net Decrease in Current Liabilities Payable from Restricted Assets 3,961 -- 3,961 II Dec of Capital Leases 163,140 -• 163,140 Decrease in Due to Customers SBO,4B7 380,487 Retirement of Long-Term Debt and Portions Becoming Current 315,000 -- 315,000 ' Total Uses of Working Capital 1,994,351 17,572 2,011,923 Net Increase/(Decresse) In Working Capital $ 1,901,806 f 31,710 S 1,933,516 ' ••••u••t•sY•• u•••sweloomm'•• Components of Set Increase (Decrease) in Working Capital: ' Cash i Investments f 2,226,365 $ (74,402) f 2,151,963 Ascents Receivable37,728 106,530 144,25E Due from Other Funds 7,382 331,582 338,964 II Accounts from Other Governeent 137,954 381 138,335 Accents Payable (321,375) (63,501) (384,876) Accrued Wages Payable (34,546) (2,037) (36,583) Accrued Payroll Taxes and Retirement Payable (8,992) (494) (9,416) II Claim & Judgments Payable 190,243 (248,851) (58,608) Due to Customers (SBO,f87) (380,487) Contracts Payable 109,219 248 109,467 Due to Other Funds 117,526 (17,422) 100,104 ' Due to Other Government -- (36) (36) Capital Lessee Payable (99,293) (99,293) Other Current Liabilities (79,918) (288) (80,206) IINet Increase/(Decrease) In Working Capital $ 1,901,806 $ 31,710 t 1,933,516 ' The notes to the statsents are an integral part of these statements. 13 1 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accounting policies and the presentation of the financial report of the Board of County Commissioners of Monroe County, Florida have been designed to conform to generally accepted accounting principles as applicable to ' governmental units, in accordance with the Governmental Accounting Standards Board (GASB) . GASB embodies the official pronouncements previously issued by the National Council on Governmental Accounting (NCGA) . The following is a summary of the significant accounting policies. Reporting Entity - The Board of County Commissioners is an Integral component of Monroe County, a Non-Charter County established under the Constitution and the laws of the State of Florida. There are six offices elected County-wide, which are as follows: Board of County Commissioners, composed of five members, Clerk of Circuit Court, Property Appraiser, Sheriff, Supervisor of Elections and Tax Collector. The Board of County Commissioners is the legislative body for Monroe County and as such budgets and provides all the funding used by the separate Constitutional Offices with the exception of fees collected by the Clerk of Circuit Court and the Tax Collector. Under the direction of the Clerk of Circuit Court, the Monroe County Finance Department maintains the accounting system for the Board's operations, including those of the Supervisor of Elections and Clerk of Circuit Court, which are Included in the General fund, but excluding those of the Property Appraiser, Sheriff and Tax Collector, each of which maintains its own accounting system. For financial reporting purposes, the Board includes all funds and account groups of governmental operations that are controlled by or dependent upon the Board, as determined on the basis of budgetary oversight, taxing authority, the County's obligation to fund any deficits that may occur or other generally accepted manifestations of oversight. Services provided by the Board and accounted for within these financial statements Include police services for unincorporated areas of the County, health and social services, emergency medical services, cultural and recreational programs, solid waste services and other governmental services. Basis of Presentation - The accounts of the Board are organized on the basis of funds and account groups, each of which is considered a separate j accounting entity. Fund structures, where applicable, have been designed to comply with all requirements of the bond resolutions. The operations of each fund are accounted for with a set of separate self-balancing accounts comprised of Its assets, liabilities, equities, revenues and expenditures, or expenses, as appropriate. The various funds are grouped by type in the financial statements. The following fund types and account groups are used by the Board: -14- I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Governmental Fund Types: ' General Fund - The General fund fs the general operating 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 in other funds are accounted for in the General Fund. Special Revenue Funds - Special Revenue Funds are used to account for the proceeds of specific revenue sources (other than those associated ' with expendable trusts or major capital projects) requiring separate accounting because of legal or regulatory provisions or administrative action. ' Debt Service Funds - Debt Service Finds are used to account for the payment of principal , interest and other expenditures related to long- term debt, other than bonds and loans payable fran the operations of Enterprise Funds. Capital Project Funds - Capital Project Funds are used to account for ' financial resources segregated for the acquisition or construction of major capital facilities other than those financed by enterprise operations. ' Proprietary Fund Types: Enterprise Funds - Enterprise Funds are used to account for operations ' that are financed and operated in a manner similar to private business enterprises - where the stated intent is that the cost (expenses, including depreciation) of providing goods Cr services to the general ' public on a continuing basis be financed primarily through user charges or where periodic determination of revenues earned, expenses Incurred, and/or net Income is deemed appropriate for capital maintenance, public ' policy, management control , accountability or other purposes. Internal Service Funds - Internal Service Funds are used to account for the financing of goods or services provided by one department to other ' departments of the County or to other government units on a cost reim- bursement basis. Account Groups: General Fixed Assets Account Group - 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. ' -15- 1 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 i NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) ' General Long-Term Debt Account Group - This account group is established to account for the long-term debt of the Board financed fran governmental funds. Basis of Accounting - The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. All govern- mental funds are accounted for using a current financial resources measurement focus. With this measurement focus, only current assets and current liabilities generally are Included on the balance sheet. Operating statements of these funds present increases ( i .e., revenues and other 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 this measurement focus, all assets and all liabilities associated with the operation of these funds are Included on the balance sheet. Fund equity (i .e., net total assets) is segregated into contributed capital and retained earnings components. Proprietary fund-type operating statements present increases (e.g. , revenue) and decreases (e.g., expenses) In net total assets. Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and reported in the financial statements. Basis of accounting relates to the timing of the measurements made regardless of the measurement focus applied. The modified accrual basis of accounting Is followed In the Governmental I Fund Types. Under the modified accrual basis of accounting, revenues are recognized In the accounting period in which they become both measurable and available to finance expenditures of the current period. Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Expenditures are recorded when the related fund ! lability is incurred. Exceptions to this j general rule include: ( 1) accumulated overtime pay and accumulated vaca- tion pay, which are not recorded as expenditures; (2) prepaid items, which are reported only on the Balance Sheet and do not affect expenditures; and (3) principal and interest on general long-term debt, which are recognized when due. Budgets for Governmental Funds are also prepared on the modified accrual basis. In applying the susceptibility-to-accrual concept to intergovernmental revenues, the legal and contractual requirements of the numerous Individ- ual programs are used as guidance. There are, however, essentially two types of these revenues. In one, monies must be expended on the specific purpose or project before any amounts will be paid to the Board; therefore -16- I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 ' NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) revenues are recognized based upon the expenditures recorded. In the other, monies are virtually unrestricted as to purpose of expenditure and substan- tially irrevocable; i .e., revocable only for failure to comply with prescribed compliance requirements, such as with equal employment opportunity. These resources are reflected as revenues at the time of receipt or earlier If they meet the availability criterion. Licenses and permits, charges for services, and miscellaneous revenues ' (except investment earnings) are recorded as revenues when received in cash, because they are generally not measurable until actually received. Investment earnings and most fines and forfeitures are recorded as earned since they are measurable and available. ' Proprietary Funds use the accrual basis of accounting. Revenues are recognized In the period in which they are earned and expenses are recognized In the period Incurred. Budgets and Budgetary Data - The following are the statutory procedures followed by the Board of County Commissioners in establishing the budget for Monroe County. 1) On or before May 1 of each year, the Sheriff; the Clerk of Circuit ' Court; the Tax Collector, and the Supervisor of Elections shall each submit to the Board of County Commissioners a tentative budget for their respective offices for the ensuing fiscal year. ' 2) Within fifteen days after certification of the ad valorem tax roll by the Property Appraiser, the County Budget officer submits to the Board a proposed budget for the fiscal year commencing the following ' October 1 . The budget includes proposed expenditures and the means of financing them. ' 3) By Board resolution, a tentative budget Is submitted to the public. Public hearings are held to obtain taxpayer comments. ' 4) Fifteen days after adoption of the tentative budget, a f'nal budget is submitted for review and adoption at a final public hear'ng. 5) Prior to, or on September 30, the County'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. ' 6) During the year, the County Administrator 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 ' -17- I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS ' NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 ' NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) ' of County operations or a department. All other budget changes (whether they are transfers between departments or alterations of total revenues or expenditures in a fund) are approved by the Board. The budgetary data presented herein was amended by the Board during the year in a legally permissible manner. 7) Florida Statute 129, Section 7, as amended in 1978, provides that only expenditures In excess of total fund budgets are unlawful . However, because the Board acts on all budget changes between cost centers, this becomes the level of control . B) Budgeted to Actual Expenditure reports are employed as a management control device during the year for all fund types. 9) Budgets for all funds are adopted on a basis consistent with generally accepted accounting principles (GAAP) , except for revenues and expend- itures relative to tax anticipation notes for governmental funds and revenues and expenditures relative to debt and capital outlay for proprietary funds. j 10) All appropriations lapse at year end. Investments - Investments are stated at cost, which approximates market. The Monroe County Board of County Commissioners pools cash and Investments of the Board, excluding those requiring or benefiting by separate invest- ment. This gives the Board the ability to maximize Its yield on the short-term investment of cash, increasing its Interest Income accordingly. ■ Interest earned on pooled Investments is allocated to the participating funds based on their average daily balance. Individual fund deficits are ignored in the allocation of Interest. General Fixed Assets - General Fixed Assets are recorded as expenditures in the General Fund, Capital Project Funds and other Governmental Fund types at the time of purchase and are capitalized at cost in the General Fixed Asset Account Group. Fixed assets consisting of certain Improve- ments including roads, bridges, curbs and gutters, streets and sidewalks, drainage systems and lighting systems have not been capitalized. Gifts or contributions are recorded in General Fixed Assets at fair market value at the time received. There Is no depreciation expense recorded on 1 General Fixed Assets. -18- ' I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 ' NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Enterprise and Internal Service Fund Fixed Assets - Additions to Enterprise and Internal Service Fund Fixed Assets are stated at cost. Depreciation has been provided using the straight-line method. The estimated useful lives of various classes of depreciable fixed assets are as follows: Life - Years Buildings and other improvements 10 - 20 ' Machinery and equipment 3 - 10 Sanitary landfill sites 1 - 10 Improvements other than buildings 50 Capital Lease Obligations - Capital lease obligations for non-Enterprise Funds are accounted for in the General Long-Term Debt Account Group. The t capitalized lease obligations are stated at the original fair market value of leased assets capitalized, less payments since the Inception of the lease discounted at the Implicit rate of interest in the lease. Also, in the year an asset is acquired by capital lease, the expenditure for the ' asset and the offsetting amount of the financing source are reflected in the Statement of Revenues, Expenditures and Changes in Fund Balances. Assets acquired under capital leases In non-Enterprise Funds are accounted ' for in the General Fixed Assets Account Group. Capital lease obligations of Enterprise Funds and the cost of assets so acquired are reflected In the accounts of those funds. Lhamortlzed Debt Expense - Unamortized debt expense is amortized by using the straight-line method over the life of the debt in Enterprise Funds. ' Encumbrances - Encumbrance accounting, under which purchase orders are recorded to reserve that portion of the applicable appropriation, is employed in the Governmental Fund types. Encumbrances are not the ' equivalent of expenditures; therefore, the encumbrances are reported as reservations of fund balances at year end. Property Taxes - Property taxes, based on assessed values at January 1, ' become due and payable on November 1st of each year. A four percent discount is allowed If the taxes are paid In November, with the discount declining by one percent each month thereafter. Taxes become. delinquent ' on April 1st of each year, and tax certificates for the full amount of any unpaid taxes and assessments must be sold not later than June 1st of each year. No accrual for the property tax levy becoming due in November of 1989 is included In the accompanying financial statements, since such taxes are collected to finance expenditures of the subsequent period. ' -19- I 1 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 ' NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) ' Compensated Absences - Board 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 of employment to employees with five years or more of credited service. The maximum payment Is subject to percentages and maximum hour limitations. Accumulated compensated absences is reflected In the General Long-Term Debt Account Group for Governmental Funds. Proprietary Fund Types reflect compensated absences on the accrual basis as a long term liability. +� Total Columns on Combined Statements - Overview - Total columns on the ■■ combined Statements - Overview (General Purpose Financial Statements) are captioned "Memorandum Only" to indicate that they are presented only to facilitate financial analysis. Data in these columns do not present financial position, results of operations or changes In financial position in conformity with generally accepted accounting principles, and such data is not comparable to a consolidation. Interfund eliminations have not been made In the aggregation of this data. NOTE 2 - CASH AND INVESTMENTS J Cash and Investments consist of the following at September 30, 1989: Cash and Restricted Cash Investments and Investments Total Amount invested In Board's pooled cash program $39,800,659 $ 849,895 $40,650,554 Other cash and Investments 6,414,699 11 ,182,548 17,597,247 Total $46,215,358 $12,032,443 $58,247,801 Florida Statute 125.31 authorizes the County to invest surplus funds In the following: a) the Local Government Surplus Funds Trust Fund under the management of the State Board of Administration b) negotiable direct obligations of, or obligations of which the prin- cipal and Interest are unconditionally guaranteed by the U.S. Government c) interest bearing time deposits or savings accounts in banks and savings and loans organized under state laws or doing business in and situated in the state, provided collateral requirements are met d) obligations of the Federal Home Loan Mortgage Corporation e) obligations of the Federal National Mortgage Association -20- a MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 NOTE 2 - CASH AND INVESTMENTS (Continued) Deposits - At year end, the Board of County Commissioners had demand deposits of $9,379,704. Demand and time deposits are fully insured In accordance with Florida Statute 280; which established the multiple financial Institution collateral pool . Investments - The Board's investments at year end are shown below. The Government securities are held by a third party custodian in the County's name. Carrying Market Amount Value Local Government Surplus Funds Trust Fund $ 40,650,554 $ 40,650,554 U.S. Government Securities 8,217,543 8,368,733 ' $ 48,868,097 $ 49,019,287 ' NOTE 3 - MORTGAGES RECEIVABLE Mortgages receivable at September 30, 1989 consist of the following: Community Development Block Grant: Second Mortgage Receivable from individual , secured ' by land and buildings, payable in monthly installments of $1 ,647 Including interest at 3%, final payment due March 1, 2004 $ 232, 156 ' Second Mortgage Receivable from Individual , secured by land and buildings, payable in monthly Installments of $1 ,975 including interest at 3%, final payment due ' March, 2004 278,392 $ 510,548 These mortgages consist of grant funds loaned to participants in the Board's Community Development Block Grant. Mortgages under this program ' must keep the related property available as "Affordable Housing", follow all Federal , State and County regulations concerning Community Development Block Grants, and keep rents at levels approved by the Affordable Housing Section of the Land Development Regulations. If the property is removed from this program, the balance of the mortgage becomes due and payable. i -21- i I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 NOTE 4 - INTERFUND BALANCES I Individual fund interfund receivable and payable balances at September 30, 1989 are as follows: lnterfund lnterfund Fund Receivable Payable General Fund $ 894,417 $ 418,258 Special Revenue Funds: Community Development Block Grant - 18,863 Fine and Forfeiture 75,600 108,835 Road and Bridge 68,511 17,770 Law Library Tourist Development District 1 43,596 303 Tourist Development District 2 43,342 53 Tourist Development District 3 21,576 89 Tourist Development District 4 - 69,680 Tourist Development District 5 - 44,275 Impact Fees - Roadway 4,192 - Fire and Ambulance District 5 3,442 53,831 Fire and Ambulance District 6 3,720 83,256 Fire and Ambulance District 1 9,871 370,427 Translator 360 Planning, Building and Zoning 504 55,490 Parks and Beaches - 2,765 Upper Keys Health Care 5 61 ,574 274,719 887,211 II Debt Service Funds: 1988 Bond Issues 61 ,815 - Capital Project Funds: Capital Project 5,734 126,61E 7■ Enterprise Funds: r Municipal Service District - 164,252 Card Sound Bridge 7,382 3,371 1 7,382 167,623 Internal Service Funds: Workmen's Compensation 163,200 6,601 Group Insurance 204,647 9,892 Risk Management Fund 5,274 985 373,121 17,478 1 S1 ,617,188 81 ,617, 168 -22- I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 NOTE 5 - RESTRICTED ASSETS Restricted Assets include those provided for by resolution adopted by the County Commission for the issuance of the Municipal Service District Revenue Bonds, Refunding Improvement Revenue Bonds, Series 1983 and Improvement Revenue Bonds, Series 1988. Total restricted assets as of e September 30, 1989 are as follows: Cash and Municipal Service District Investments Debt Service Reserve Fund $ 966,194 Renewal and Replacement Fund 2,019,394 Sinking Fund 652,625 3,638,213 ' Refunding Improvement Revenue Bonds, Series 1983 Debt Service Fund ' Debt Service Reserve Fund 471 ,773 Sinking Fund 442,458 914,231 Improvement Revenue Bonds, ' Series 1988 A and B Debt Service Fund-Sinking Fund 313,495 Construction Trust Funds: General Fund 59,133 Capital Projects 7,107,371 ' 7,479,999 $12,032,443 NOTE 6 - RESERVES FOR RESTRICTED ASSETS ' Reserves representing the excess of amounts provided for certain restricted asset accounts over the liabilities payable therefrom are established by a reduction of retained earnings or fund balance. The following schedule reflects the reserve account balances at September 30, 1989: -23- I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS I NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 j NOTE 6 - RESERVES FOR RESTRICTED ASSETS (Continued) 1 Enterprise Funds - Municipal Service District: Reserved for debt service - reserve account $ 966,194 , Reserved for debt service - Interest account 362,316 Reserved for renewal and replacement account 1,958,342 3 3,286,852 Capital Projects Fund - I Reserved for Construction Trust Fund 6,596,320 777 General Fund - ■ Reserved for Construction Trust Fund 59, 133 ■ $ 9,942,305 1 Retained earnings are reserved to the extent of the excess of restricted assets over liabilities payable from restricted assets as follows: Total restricted assets $ 10,804,717 Liabilities payable from restricted assets 862,412 Reserved retained earnings $ 9,942,305 1 NOTE 7 - PROPERTY, PLANT AND EQUIPMENT A summary of changes In General Fixed Assets follows: 1988 Additions Deductions 1989 j Land $ 6,961 ,740 $ 504,459 $ 186,561 $ 7,279,638 Buildings 18,769,215 2,466,684 491 ,447 20,744,452 1 Equipment 11 ,976,320 2,561 ,162 437,302 14,100,180 Construction in Progress 1 ,495,050 2,925,351 958,459 3,461,942 $39,202,325 $ 8,457,656 $ 2,073,769 $ 45,586,212 1 -24- IMONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS INOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 NOTE 7 - PROPERTY, PLANT AND EQUIPMENT (Continued) I Enterprise fund property, plant and equipment consisted of the following at September 30, 1989: I Municipal Card Service Sound District Bridge Total ILand $ 214,105 $ - $ 214,105 Buildings 16,837 10,536 27,373 Improvements 145,736 2,519,269 2,665,005 I Equipment 11,662,860 54,515 11,717,375 Construction In Progress 578,355 95,024 673,379 I Total Property Plant and Equipment 12,617,893 2,679,344 15,297,237 Less Accumulated Depreciation 5,919,843 1,128,509 7,048,352 Net Property Plant and Equipment $ 6,698,050 $ 1 ,550,835 $ 8,248,885 I Internal service fund property, plant and equipment consisted of the Ifollowing at September 30, 1989: Workmens' Group Risk ICompensation Insurance Management Total Equipment $ 18,817 $ 3,053 $ 10,800 $ 32,670 Less Accumulated ' Depreciation 4,519 1,143 1 ,360 7,022 Net Equipment $ 14,298 $ 1 ,910 $ 9,440 $ 25,648 ' NOTE 8 - LONG-TERM DEBT IThe following is a summary of changes in long-term debt for the year ended September 30, 1989. Accrued Capitalized I Revenue Compensated Lease Obli- gations Total ' Payable, 1988 $10,920,167 $ 526,468 $ 374,716 391 ,318 $11 ,821 ,351 Debt issued 7,432,180 339,263 8,162,761 Debt retired 330,000 - 191 ,295 521,295 IPayable, 1989 S18,022,347 $ 865,731 $ 574,739 $19,462,817 I -25- I 1 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 j NOTE 8 - LONG-TERM DEBT (Continued) * Includes increased value accretion on Municipal Service District Refunding Improvement, Series 1985 Capital Appreciation Bonds. Bonds payable at September 30, 1989 are composed of the following issues: Enterprise Revenue Bonds - $9,211 ,774 1985 Municipal 3 Service District Refunding Improvement Bonds due in annual installments of $315,000 to $805,000 on October 1 , 1989 to October 1 , 2011 ; interest at 6.75% to 9.30% ( including Capital Appreciation Bond accreted interest of $560,573) $ 8,762,347 Revenue Bonds - $2,155,000 1983 Refunding Improvement j Revenue Bonds, Series 1983 due In annual installments ■■■ of $30,000 to $190,000 through July 1, 2011; interest at 7.40% to 9.25% $ 1 ,995,000 J Revenue Bonds - $5,000,000 1988 Improvement Revenue Bonds, Series 1988A due In annual installments of $190,000 to $650,000 through December 1 , 2008; interest at 6.90% to 7.60% $ 5,000,000 Revenue Bonds - $2,265,000 1988 Improvement Revenue j Bonds, Series 19888 due in annual Installments of $130,000 to $300,000 through December 1, 1998; Interest at 5.90% to 6.90% $ 2,265,000 j Debt Service Funding Requirements - The total annual debt service requirements for all bonds outstanding at September 30, 1989, consisting of Interest payments of $20,669,483 and principal payments of $16,931 ,774 are as follows: Year Ended Revenue Bonds September 30 Amount Interest Rate 1990 1 ,802,036 6. 10$-9.30% 1991 1 ,799,472 6.20%-9.30% 1992 1 ,808,542 6.30%-9.30% 1993 1 ,812,272 6.40%-9.30% 1994 1 ,809,432 6.50%-9.30% 1995-1999 9,052,085 6.60%-9.30% 2000-2004 9,045,007 7.10%-9.30% 2005-2008 8,297,224 7.50%-9.25% Thereafter 2,175,187 9.00%-9.25%% ■ TOTAL $ 37,601 ,257 -26- ■ MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 NOTE 8 - LONG-TERM DEBT (Continued) The amount available In the Debt Service Fund to service the 1983, 1988A and 19808 revenue bonds is $1,227,726. Restrictive Covenants and Collateral Requirements - The 1983 Refunding Improvement Revenue Bonds are payable from and secured by a lien on and pledge of the racetrack funds received by Monroe County from the State of Florida. The 1985 Municipal Service District Refunding Improvement Bonds are payable t solely from and secured by a prior lien upon and pledge of ( i ) charges for service levied annually against residential property within the Monroe County Municipal Service District (the "District") , Monroe County, Florida for the availability and furnishing of certain solid waste disposal services, (Ii ) payments received from franchisee solid waste collectors with respect to commercial property within the District, (iIi ) all other non ad valorem funds received by the District with respect to ' furnishing services of the solid waste facilities to the residents of the District excluding any state or federal funds received from time to time by the District and (iv) certain investment Income received by the ' District. Under the terms of the enterprise revenue bonds issue, the Municipal Service District is required, among other things, to establish rates and to collect fees and charges which will be sufficient at all times to pay the cost of maintenance and operations, principal and interest ' requirements of the outstanding revenue bonds and to create and maintain specified reserves for such purposes. The Municipal Service District was in compliance with those covenants for the year ended September 30, 1989. ' The Bonds and the interest payable thereon will not constitute a general obligation of the District, Monroe County or the State of Florida, or a pledge of the faith and credit of the District, Monroe County, the State of ' Florida or any political subdivision thereof. Neither the Bonds, nor any Interest or premium thereon, shall be payable from the ad valorem tax revenues of the District, Monroe County or the State of Florida. ' The 1988 Series A and B Improvement Revenue Bonds are payable from and secured by a 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. NOTE 9 - PRIOR YEAR DEFEASANCE OF DEBT On December 6, 1985, the Board defeased Municipal Service District Improvement Bonds, Series 1980 by placing the proceeds of the new bonds in ' an irrevocable trust to provide for ail future debt service payments on the ' -27- MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 NOTE 9 - PRIOR YEAR DEFEANSANCE OF DEBT (Continued) J old bonds. Accordingly, the trust account assets and the liability for the defeased bonds are not included in the Board's financial statements. At September 30, 1989, $7,595,000 of bonds outstanding relative to the Series 1980 Issue are considered defeased. NOTE 10 - LEASE OBLIGATIONS Capitalized lease obligations consist of equipment lease-purchases accounted for in the General Long-term Debt Account Group and General Fixed Assets Account Group. The future minimum payments under capitalized leases consist of the r�following at September 30, 1989: General Long- Fiscal year ending September 30: Term Debt 1990 $ 287,552 j 1991 229,949 1992 131 ,716 Total minimum payments 649,217 Amounts representing Interest 74,478 j Present value of net minimum lease payments $ 574,739 Leased equipment which has been capitalized as of September 30, 1989: General Fixed Assets: General Government $ 665,390 Municipal Service District 234,620 ■ Total $ 900,010 Rental expense under operating leases for the current year amounted to $502,933. j -28 J 111 E MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS ISEPTEMBER 30, 1989 INOTE 11 - CONTRIBUTED CAPITAL Contributed capital consists of the following at September 30, 1989: I Enterprise Funds - Contributions from Other Funds: Municipal Service District $ 2,805,649 ICard Sound Bridge 2,761 $ 2,808,410 INOTE 12 - FUND DEFICIT Enterprise Funds - Muncipal Service District - The accumulated deficit of I $404,950 represents the accumulated operating losses since the District's inception. It Is attributable to depreciation expense recorded on contri- buted assets and additional funding of restricted assets. The deficit I will be eliminated by continuing to collect charges and fees as increased in the prior year. NOTE 13 - SEGMENTS OF ENTERPRISE ACTIVITIES I Municipal Service District operating revenues are generated primarily by billings for mandatory garbage collection. Card Sound Bridge operating I revenues are generated through tolls for the use of the Bridge. The key financial data for the year ended September 30, 1989 for the above services are as follows: I Municipal Card Service Sound District Bridge Totals IOperating Revenues $ 8,826,315 $ 853,268 $ 9,679,583 Operating Expenses 6,770,541 435,519 7,206,060 IDepreciation 914,621 52,939 967,560 Total Operating Expenses 7,685,162 488,458 8,173,620 IOperating Income (Loss) 1, 141 ,153 364,810 1 ,505,963 Taxes 5,023 - 5,023 Operating Grants 88,712 - 88,712 I Interest Income 651,797 123,112 774,909 Interest Expense and Other Debt Service Costs (780,690) - (780,690) IOperating transfers out (28,500) (3,000) (31 ,500) Net Income (Loss) $ 1,077,495 $ 484,922 $ 1,562,417 I -29- I I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS 1 SEPTEMBER 30, 1989 1 NOTE 13 - SEGMENTS OF ENTERPRISE ACTIVITIES (Continued) Municipal Card Service Sound District Bridge Totals Net Increase (Decrease) In Working Capital $ 1 ,497,647 $ 404,159 $ 1,901,806 Assets $16,321,842 $ 3,282,645 $19,604,487 I Bonds Payable $ 8,762,347 $ - $ 8,762,347 Contributed Capital $ 2,805,649 $ 2,761 $ 2,808,410 Fund Equity $ 5,687,551 $ 3,137,230 $ 8,824,781 "� Acquisition of Property, i Plant and Equipment $ 997,544 $ 134,219 $ 1,131,763 NOTE 14 - BUDGETARY - GAAP REPORTING RECONCILIATION The accompanying Combined Statement of Revenues, Expenditures and Changes II in Fund Balances - Budget and Actual - General , Special Revenue, Debt Service and Capital Project Funds for the year ended September 30, 1989 "� presents comparisons of the legally adopted budget with actual data on a i budgetary basis. Because certain accounting principles aplied for pur- poses of developing data on a budgetary basis differ from those used to present financial statements in conformity with GAAP, a reconciliation of resultant basis, timing and perspective differences In the Excess of Revenues and Other Sources over Expenditures and Other Uses for the year ended Septemeber 30, 1989 Is presented as follows; J General Excess of revenues and other sources over expenditures and other uses- budgetary basis $ 1,451,667 +■� Adjustments: ■ To adjust expenditures for payment of tax anticipation note 125,000 J Excess of revenues and other sources over expenditures and other uses - GAAP basis $ 1 ,576,667 -30- I 3 MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 NOTE 15 - RETIREMENT PLAN Substantially all full-time Board employees are participants in the Florida Retirement System "The System", a defined benefit, multiple employer public retirement system, which is controlled by the State Legislature and administered by the State of Florida, Department of Administration, Division of Retirement. The plan covers approximately 478,000 full-time employees of various governmental units within the State of Florida. The System provides for vesting of benefits after 10 years of creditable service. Normal retirement benefits are available to employees who retire at or after age 62 with 10 or more years of service. Early retirement is available after 10 years of service with a 5% reduction of benefits for ' each year prior to the normal retirement age. Retirement benefits are based upon age, average compensation and years-of-service credit where average compensation is computed as the average of an individual 's five ' highest years of earnings. The Board has no responsibility to the System other than to make the ' periodic payments required by state statutes. Ten-year historical trend information showing the System's progress in accumulating sufficient assets to pay benefits when due is presented in the System's June 30, 1988 Comprehensive Annual Financial Report. ' The amount reported below as "pension benefit obligation" is a standardized disclosure measure of the present value of pension benefits, adjusted for the effects of projected salary increases estimated to be payable In the future as a result of employee service to date. The measure is the actuarial present value of credited projected benefits and is intended to ' assist users in assessing the plan's funding status on a going-concern basis, assess progress made in accumulating sufficient assets to pay bene- fits when due, and make comparisons among government pension plans and employers. The System does not conduct separate measurements of assets and pension benefit obligations for individual employers. The pension benefits obligation at June 30, 1988 for the System as a whole, determined throigh an actuarial valuation performed as of that date, was $23.4 billion. The System's net assets available for benefits on that date (valued at market) were $14.5 billion, resulting to an unfunded pension benefit obligation of $8.9 billion. ' Participating employer contributions are based upon state-wide rates established by the State of Florida. These rates are applied to employee salaries as follows: regular employees, 14.38%, special risk employees, 17.985 and elected officials, 18.925. The Board's contributions of approximately $1 ,838,000 made during the year ended September 30, 1989 were made in accordance with contribution requirements determined by the -31- MONROE COUNTY, FLORIDA I BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS J SEPTEMBER 30, 1989 NOTE 15 - RETIREMENT PLAN (Continued) actuarial valuation of the system as of June 30, 1988. These contribu- I tions represented approximately 0.14% of total contributions required of all participating employers during the fiscal year of the System ended June 30, 1988. I Total payroll for Board employees during the fiscal year ended September 30, 1989 was approximately $13,155,000, with the portion attributed to employees covered by the System being $12,898,000. The contribution to the System for the year was approximately 14% of total payroll . There were no changes In actuarial assumptions, benefit provisions, ■ actuarial funding methods or any other significant factors that affected the Board's contribution during the fiscal year ended September 30, 1989. Effective January 1, 1990 contribution rates will increase to cover future normal costs and to amortize the unfunded liability determined as of June 30, 1988. NOTE 16 - INTERFUND TRANSFERS 3 Operating transfers during the year ended September 30, 1989, consisted of the following: Operating Operating Fund Transfers In Transfers Out General Fund $ 1,779,921 $ 1,031,502 ] Special Revenue Funds: Community Development Block Grant 1,814 -Fine and Forfeiture 94,600 - 1 Road and Bridge - 14,000 Fire and Ambulance District 5 3,442 51,484 Fire and Ambulance District 6 3,442 83,744 Fire and Ambulance District I 9,871 353,341 Translator - 10,626 Planning, Building and Zoning - 324,526 Upper Keys Health Care - 61,574 113,169 899,295 Capital Projects Fund: General Projects 187,400 118,193 Enterprise Fund: Municipal Service District - 28,500 1 Card Sound Bridge - 3,000 ■ - 31 ,500 J $ 2,080,490 $ 2,080,490 -32- 3 I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO COMBINED FINANCIAL STATEMENTS SEPTEMBER 30, 1989 tNOTE 17 - LITIGATION The Board is a defendant in various law suits and is Involved In other disputes wherein substantial amounts are claimed. In the opinion of the Board these sults and claims should not result in judgements or settle- ments which, in aggregate would have a material adverse effect on the Board's financial condition. NOTE 18 - COMMITMENTS AND CONTINGENCIES Self Insurance Programs - The Board Is self-insured for losses in the areas mentioned below. Claims are paid from the Group Insurance, Workmen's Compensation and Risk Management Internal Service funds which t are funded by contributions from other funds and in the case of Group Insurance, employees. The contributions are determined by projected losses based on historical claims experience. ' Estimated liabilities for claims and judgements are accrued as liabilities of the funds. As of September 30, 1989, there are no material long-term ' liabilities for claims and judgements. Grant Programs - The Board participates In a number of federally assisted grant programs. These programs are subject to financial and compliance audits by the grantors or their representatives. As of February 28, 1990 there were no material questioned a- disallowed costs as a result of grant audits in process or completed. 1 -33- MONROE COUNTY, FLORIDA - BOARD OP COUNTY COMMISSIONERS STATEMENT or REVENUES, EIPENDITURES AND CHANGES IN FUND BALANCE - BUDGET MID ACTUAL GENERAL REVENUE FUND FOR TEE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Variance Favorable Budget Actual (Unfavorable) Revenues: I Taxes $ 9,704,043 S 9,652,235 S (51,808) Licenses and Permits 184,178 138,254 (45,924) Intergovernmental Revenues 11,311,601 10,582,120 (729,481) Charges for Service 2,027,230 2,802,296 775,066 Finn and Forfeitures 18,652 19,164 512 Interest Income 596,117 991,989 395,872 )Betel lemma Revenues 357,163 283,068 (74,095) J Total Revenues 24,198,984 24,469,126 270,142 Expenditures: I Current: General oovenrnt: Gerd of Canty Camiinioners 913,827 2167,341 46,486 Insurances-Clerk Circuit Court 148,941 148,941 -- insurencn-Clark to the goad 68,833 67,881 952 Insurance-Microfilm 15,823 15,823 •- Incurance-Property Appraiser 125,926 125,926 •• Clerk to the goad 526,484 525,818 666 Clerk of the Circuit Cart 859,191 831,376 27,815 Public Records Trust Fund 10,500 10,134 366 Clerk of the Circuit Court-Microfilm 143,597 113,055 30,542 Clerk of the Canty Court 452,764 438,796 13,968 Clerk - Data Processing 253,741 247,694 6,054 Clerk - Electronic Recording 63,514 62,504 1,010 Clerk - Oamestic Relations 53,562 44,710 8,852 Clerk Information Systems I 34,490 34,386 104 Clerk Information Systems II 165,491 145,234 20,257 y GIS State Court Grant In Aid 311 296 15 ■■ CJIS Salary Supplement 1,909 1,818 91 Criminal Systems Capital Purchase 151,549 151,549 -• CJIS Cost Sharing Project 3,574 314 3,260 Canty Attorney 673,629 627,528 46,101 Property Appraiser 1,330,914 1,273,135 57,779 Tax Collector 1,745,974 1,557,223 188,751 Circuit Court 218,685 214,545 4,140 Canty Court 48,389 46,281 2,108 "oil Overcrowding Project 161,960 152,099 9,861 Court Fact l Ity 43,123 37,222 5,901 State Attorney 125,932 88,848 37,084 Public Defender 140,109 133,752 6,357 Supervisor of Elections 336,838 335,632 1,206 Elections 11)4,702 104,648 54 y Special Election 45,846 44,930 916 ■M Canty Administrator 215,982 200,930 15,052 (continued) 3 34 1 I • I MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EIPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL GENERAL REVENUE FUND - CONTINUED I FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 IVarlane* Favorable Rudest Actual (Unfavorable) IGeneral Goverment: County AOministrator - Date Processing 750,793 735,265 15,528 II Grants Administrator - Fiscal Management 188,105 186,962 1,143 Grants Managmeent 23,989 22,O7S 1,916 Persorwt\SefatY 227,iW 211,629 15,280 Public Works Garage 552,270 489,270 63,000 1 Public Works Correction Facilities 129,670 127,652 2,018 Public Works Facilities Maintenance 2,245,991 17,694 Advertising ,400 3,974 426 Chaplin Building 79,600 55,820 23,780 ' Total General Govenrnent 13,407,738 12,729,205 678,533 Public Safety: II Medical Examiner 162,950 162,641 309 Disaster Prepredneas 247,203 243,605 3,598 Civil Defense/Storm Shutters 40,000 •- 40,000 II Emergency Emergency Preparedness Grant 100,759 78,307 22,452 Emergency Medical Services Coordinator 2B,2W 193,052 10,157 Emergency Medical Svc Matching Grant 11/874/89 129,390 110,576 18,814 Emergency Medical Svc Matching Grant 10/88-9/89 210,078 144,037 66,041 ' Public Safety Management 111,147 99,899 11,248 Fire and Rases Doesn't-et111,087 96,574 15,513 Emergency Medical Cownications 33,295 27,664 5,631 911 Emergency System 165,983 163,278 2,705 ' Emergency Italica( Air Transportation 80,000 25,116 54,884 Total Public Safety 1,598,101 1,345,749 251,352 ' Physical Enviransnt:Sitmmton Street Pier Project 50,000 50,000 -- Lower Keys Reef Mooring 22,440 22,440 -- ' Tavernier Creak Boating Project 354 •• 354 Dim Krp/SumrlaM Chanel 17,267 17,267 Tavernier Creek Boating Project 3,770 3,770 -- Beech Access Grant 40,000 35,400 4,600 IExtension Service 130,469 112,093 18,376 Total Physical Envirorwnt 264,300 240,970 23,330 II Transportation: Marathon Airport 117,612 108,621 8,991 Marathon Airport Noise Study 51,109 31,353 19,756 II Marathon A1P-07 Beacon I Tower 90,776 5,413 85,363 Marathon AIP-07 East Apron 93,650 2,467 91,183 Marathon AIP•07 West Apron 625,930 365,014 260,916 Marathon AIP-07 Runway Safety Overrun 248,686 205,758 42,928 ' (continued) II 35 NONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS II STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL GENERAL REVENUE FUND - CONTINUED II FORTES FISCAL YEAR ENDED SEPTEMBER 30, 1989 II Variance Favorable Budget Actual (unfavorable) ' Transportation: Marathon AIP-OS Safety Fence L Gates 13,301 12,060 1,241 Marathon AIP-04 Master Plan 3,884 3,884 L -- II West Airport Operations Maintenance 660,041 614,606 45,435 Key West AIP-02 Master Plan 1,575 1,500 75 Key West AIP-03 Noise Study 39,019 27,350 11,669 Key West AIP-04 Apron Expansion 1,851,940 1,603,868 248,072 II Key West A1P-05 Terminal Bestrews 188,740 149,950 38,790 Key West AIP•05 Security Gates 7,700 7,700 -- Key West AIP-05 CFR Egeipoent 32,027 16,597 15,430 1 Key West AIP-06 Beacon L Tower 6,187 5,525 662 Total Transportation 4,032,177 3,161,666 870,511 Economic Environment: Mousing Authority\INO 449,811 189,292 260,519 Affordable Mousing Donations 5,000 -- 5,000 Monroe County Mousing Finance Authority 600 75 525 Veteran's Affairs 271,409 259,459 11,950 SFETC • JTPA Liaison 7/88-6/89 37,183 34,739 2,444 SFETC • JTPA Liaison 7/89-6/90 29,393 2,446 26,947 JI SFETC - Title IIA 7/88-6/89 34,275 12,046 22,229 SFETC • Title IIA 7/89-6/90 47,613 6,909 40,704 SFETC Intake Est. 7/88.6/89 32,309 28,463 3,846 SFETC Intake Est. 7/89-6/90 40,000 8,238 31,762 Sommer Youth Employment I Training 37,636 19,559 18,077 SFETC • Title I 23,170 3,801 19,369 Total Economic Environment 1,008,399 565,027 443,372 J Munn Services: Public Works Animal Shelter 415,298 414,169 1,129 Trews Care, Administration 61,574 27,575 33,999 11 Transportation & Treatment, 65% Tram 300,000 5,562 294,438 Baker Act Services 325,424 318,486 6,938 Mental Health 264,813 264,813 -- Monroe County Association for Retarded Citizens 20,300 20,300 -- Baker Act Transportation (MHCLK) 87,884 79,107 8,777 Greco Jones Daycare Center 3,242 3,242 -- Welfare Administration 429,259 408,985 20,274 1 Welfare Services 513,402 513,354 48 Canty Maw 355,077 300,060 55,017 Senior Camnnity Svc. Proj. - Federal 7/88.6/89 133,072 129,6152 3,390 Senior Caamity Svc. Proj. • Local 7/88-6/89 15,911 15,492 419 41 Senior Ccmmality Svc. Proj. • Federal 7/89-6/90 176,700 41,758 134,942 Senior Co.w:ity Svc. Proj. - Local 7/89-6/90 27,000 4,584 22,416 Transportation Title IIDB 1987 955 -- 955 Transportation Title Ill-11 1988 42,083 41,559 524 (continued) I 36 1 IIMONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EIPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL GENERAL REVENUE FUND - CONTINUED II FOR THE !ISCAL YEAR ENDED SEPTBMBER 30, 1989 iVariance favorable IBudget Actual (Unfavorable) Hunan Services: Transportation Title 111-8 1989 186,357 121,623 64,734 II Transportation 776,264 169,036 5,228 Nutrition C-I 1988 69,640 66,558 3,082 Nutrition C-1 1989 199,580 139,672 59,908 Sumer Children Food Service Program 3,808 2,968 840 II Nutrition C-11 1988 21,719 19,275 2,444 Nutrition C•II 1989 119,503 82,837 36,666 CCE - In Hare Services 1989 449,932 434,314 15,618 ' CCE - In Rome Services 1990 573,137 145,329 427,808 CODA - Homemakers 1988 111,846 104,355 7,491 CODA - Homemakers 1989 137,096 31,115 105,981 Homemaker III-0 10/88-12/88 16,666 16,607 59 ' Homemaker I11-0 1/89-12/89 20,298 10,348 9,950 Lamy Keys MRP 1,500 974 526 Middle Keys MRP 1,500 1,305 195 Upper Keys MRP 1,500 810 690 ' Big Pine Key MRP 1,500 1,155 345 Older Am m rice VolunteerProgram Progr 4,000 3,354 646 Legal Aid 14,250 13,127 1,123 Help Lim 10,500 10,500 II Domestic Abuse Shelter 14,250 14,250 Hospice of the Florida Keys 50,000 50,000 Aids Help, Inc. 38,000 38,000 -- II Big Brothers\Big Sisters 12,706 12,106 •• Handicapped Job Placement 19,950 19,949 1 Grace Jones Daycare Center 10,000 10,000 -- ' Total Human Services 5,434,896 4,108,295 1,326,601 Culture and Recreation: Fine Arts Caecil 127,500 127,500 -- Parks and Beaches 313,676 295,927 17,749 Sumer School Recreation Program 42,750 42,750 Historic Fla. Keys Preservation Board 9,500 9,500 •- East Martello Art Gallery and Historical Museun 9,586 9,096 490 ' Key West Garden Club - West Mertello 19,822 18,900 922 Key West Lighthouse Meim 10,919 7,907 3,012 Senior Major Baseball League 2,000 1,000 1,000 ' Library Operations 1,056,696 968,160 88,536 Library Bookmobile 2,470 2,467 3 Library CCMCAT Grant 15,000 6,556 8,444 ' Total Cultural and Recreation 1,609,919 1,489,763 120,156 (continued) II I 37 1 MONROE COUNTY, FLORIDA — BOARD OF COUNTY CORDFISSIONERS i STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL GENERAL REVENUE FUND - CONTINUED FOR TIE ►ISCAL YEAR MEDED SEPTEMBER 30, 1989 Variance I Favorable Budget Actual (Unfavorable) 1 Debt Service: Principal Retirement 369,257 240,933 128,324 Interest and Fiscal Charges 40,682 39,966 714 ' Total Debt Service 409,939 280,901 129,036 Total Expenditures 27,765,469 23,922,576 3,842,893 1 Excess of Revenues Over/ (Oder) Expenditures (3,566,485) 546,550 4,113,035 Other Financing Sources (An): Reserve for Contingencies (321,655) -• 321,655 1 Transfers from Other Funds 1,839,322 1,779,921 (59,401) Transfers to Other Fade (1,031,502) (1,031,502) -• Capital Lease Acquisition 156,698 156,698 -- Proceeds from Tax Anticipation Notes •- -- -- Proceeds from Nort9sga Law -- -- -- Proceeds from Bads -. .. -- Total Other Financing Sources/(Uses) 642,863 905,117 262,254 Excess of Revenues and Other Sources Over/(Under) Expenditures and other Uses - Budgetary Basis (2,923,622) 1,451,667 4,375,289 Adjustment- To Report Tax Anticipation Note Principal as a Liability 125,000 125,000 •- Excess of Revtleas and Other Sources par/(Under) Expenditures and Other Uses • SUP Basis (2,798,622) 1,576,667 4,375,289 Fund Balance, October 1, 1988 10,275,988 10,275,988 •- Fund Balance, Septaaher 30, 1989 S 7,477,366 S 11,852,655 B 4,373,289 ............n• s.n..nnn•n a......a...m. j 11 1 I 38 I 1 i I I I 1 I 1 THIS PAGE INTENTIONALLY LEFT BLANK 1 1 MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET ALL SPECIAL REVENUE FUNDS SEPTEMBER 30, 1989 Cmmnity ' DenloDm.nt Fine Road Block & & Law Grant Forfeiture Bridge Library ASSETS I Cash and Investments S 30,749 S 4,637,101 S 6,205,839 $ 733 ' Accounts Receivable: Other -- 159 1,638 -- Allowance for Other Uncollectible -- -- -- -• Mortgage Note Receivable 510,548 -- -- -- Due from Other Funds -- 75,600 68,511 -- Du: from Other Governmental Units 9,919 208,673 181,249 1,560 Total Assets $ 551,216 S itt64,99221,533v 2,293 S 6,457,237 $ c.6iii962, _ LIABILITIES AND FUND EQUITY Liabilities: I Accents Payable S -- S 69,871 $ 282,985 $ 1,299 Accrued wages Benefits Payable -- 5,031 62,865 -- Due to Other Funds 18,863 108,835 17,770 -- I Due to Other Govern ents -- -- -- -- Other Current Liabilities -- 385 -- -- Total Liabilities 18,863 184,122 363,620 1,299 1 Fund Equity: Fund Balances: Reserved for Encumbrances -- 59,838 2,431 -- Reserved for Mortgage Loans 510,548 -- -- -- Unreserved 21,805 4,677,573 6,091,184 994 111 Total Rind Equity 532,353 4,737,411 6,093,617 994 Total Liabilities end Fund Equity S 551,216 $ =A4m921,533 S _ 6,457,237 S 2,293 I I I I 39 I II II Fire And i Tourist Tourist Tourist Tourist Tourist Ambulance Development, Development, Development, Developeent, Development, District 81 District District District District District - Lower end flit •Two •Three /Four //Five Middle Keys ll II $ 2,374,913 S 269,956 $ 556,901 $ 573,211 $ 797,694 $ 1,549,147 70 12 21 15 20 653,974 -- -- -- -- -- (443,167) 43,596 63,342 21,576 -- -- 9,871 151,347 24,832 43,630 52,263 42,576 36,939 ' $ n.:_2,569,926c- S 338,142 f 6 =622,128 f 625,489 f i6C39 840,290' S 1,806,764 II $ 207,525 $ 69,547 $ 89,631 S 61,120 S 99,938 f 153,474 II -- -- -- -- -- 68,227 303 53 89 69,680 44,275 370,427 -- -- -- -- -- 381 ' 207,828 69,600 89,720 130,800 144,213 592,509 I -- -- -- -- -- 58,818 2,362,098 268,542 532,408 494,689 696,077 1,155,437 2,362,098 266,542 532,408 494,689 696,077 1,214,255 ' $ 2,569,926 S 338,142 S 622,128 S 625,489 $ 840,290 S 1,806,764 1 (continued) II f II 40 II MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS t COMBINING BALANCE SHEET ALL SPECIAL REVENUE FUNDS - CONTINUED SEPTEMBER 30, 1989 I Swill Fire And Fire AM Translator Road Dlatri et Ambulance Petulance Syetma - Cross Key District /5 District *6 Service Waterway - Tavernier • Key Largo District Estate@ ' ASSETS Cash and Investments S 404,180 S 470,502 $ 465,941 S 6,103 ' Accounts Receivable: Other 528 -- 500 -- Allowance for Other Uncollectible -- -- -- -- Mortgage Note Receivable -• -• -- -- il Due from Other Funds 3,442 3,720 360 -- Due from Other Governmental Units 3,907 9,138 1,671 -- Total Assets S 412,057 S 483,360 S 468,472 $c='iei 6,103 :II LIABILITIES AND FUND EQUITY JILiabilities: Accents Payable S 25,997 S 26,572 S 14,928 $ -- Accrued Wages Benefits Payable -- -- -- -- Due to Other Funds 53,831 83,256 -- -- Due to Other Governments 80 110 -- -- Other Current Liabilities -- -- -- -- Total Liabilities 79,908 109,938 14,928 -• I Fund Equity: j Fund Balances: Reserved for Encumbrances 16,837 17,336 2,927 -- ved for Mortgage Loans -- -- Unreserved 315,312 356,086 450,617 6,103il Total Fund Equity 332,149 373,422 453,544 6,103 Total Liabilities and Rind Equity S 412,057 $ 483,360 S 468,472 S 6,103 I 11 il 181 i 41 11 E II Unincorporated Area Services Unincorporated DistrictII Area Services Special Special Mariner - Planning/ District Read District Road District Hospital Building end Perks and Impact Fees IIGu(f Drive Venetian Drive District Zoning Recreation - Roadways II $ 968 S 47,661 S 33,427 f 2,447,544 $ 417,710 S 3,602,044 -- -- -- -- 1,150 -- -- -- -- - 504 -- -4,192 -- -- -- 54,747 148 -- IIS _--- -_—968 S 47,661 S 33,427 $ 2,502,795 $ 419,008 f 3,606,236 II S -- $ -- $ -- S 302,880 S 88,837 $ -- ' .. -- -- 137,507 10,273 .. 55,490 2,765 ll -- -. -- 495,877 101,875 -- II -- -- -- 1,744 -- -- ' 968 47,661 33,427 2,005,174 317,133 3,606,236 968 47,661 33,427 2,006,918 317,133 3,606,236 IIS 968 $ 47,661 $ 33,427 S 2,502,795 $ 419,008 $ 3,606,236 ' (continued) II II II 42 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS ' COMBINING BALANCE SHEET ALL SPECIAL REVENUE FUNDS - CONTINUED SEPTEMBER 30, 1989 II Impact Fm Impact Foes 1 • Parke and Intact Fm tipect Fm • Police Recreation - Libraries - Solid Waste Facilities ASSETS , Cash and Investments S 271,884 $ 378,387 $ 237,249 $ 241,431 Accounts Receivable: Other -- -- -- -- Allowance for Other Uncollectible -- -- -- -- Mortgage Mote Receivable -- -- -- -- Due from Other Funds -- -- -- -- Due from Other Govermental Unite -- -- -- -- Tote! Assets S 271,884 $ 3v'z_a`378,387_ $ 237,249 $ C$eS62L _431= ll LIABILITIES AND FUND EQUITY Liabilities: I Accents Payable S -- S -- S -- $ -- Accrued Wages Benefits Payable •• -- -- -- Due to Other Funds -• -- -- -- Due to Other Governments -- -- -- -- Other Current Liabilities -- -- -- -- Total Liabilities -- -- -- -- li fund Equity: IJI Fund Balances: Reserved for Encumbrances -- -- -- -- Reserved for Mortgage Loans -- -- -- -- Unreserved 271,884 378,387 237,249 241,431 Total Fuld Equity 271,884 378,387 237,249 241,431 Total Liabilities end Fuld Equity S 271,884 $ 378,387 $ 237,249 $ 241,431 I s......:sesame .............. ......=s..a: 1 I I 93 I E E Upper Keys Nnith Cars Spacial Ta*Ing District Total S 760,508 S 26,781,783 658,087 -- (443,167) I -- 5 510,548 274,719 11,307 833,906 ' $ 771,820 S 28,615,876 S 372,649 S 1,867,253 ' -- 283,903 61,574 887,211 571 -- 385 ' 434,223 3,039,323 159,933 ' -- 510,548 137,597 24,906,072 337,597 25,576,553 S 771,820 S 28,615,876 t 1 44 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS I COMBINING STATEMENT OP REVENUES, EXPENDITURES AND ORANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS FOR TEE FISCAL YEAR ENDED SEPTEMBER 30, 1989 I Ccmiui(ty Developnnt Fin Road ' Block & I. lax Grant Forfeiture Bridge Library Revenues: ' Taxes S -- S 14,748,394 S 1,630,904 $ -- Licenses & Permits •- -- -- -- Intergoverrmental Revenues 240,435 273,161 2,133,424 -- Charges for Services -- 133,667 -- Finn & Forfeitures -- 1,811,951 -- 17,598 Interest Income 7,781 582,052 458,939 349 Miscellaneous Revenues 3 11,865 34,248 20 Total Revenues 248,219 17,561,090 4,257,515 17,967 31 Expenditures: Current: General Government -- 491,383 -- 27,487 Public Safety -- 16,251,172 -- -- Transportation -- -- 3,263,245 -- Economic Environment 242,180 -- -- -- Munn Services -- -- -- -- Culture and Recreation -- -- -- -- Debt Service -- -- -- -- Total Expenditures 242,180 16,742,555 3,263,245 27,487 Excess of Revenues Over/ (Under) Expenditures 6,039 816,535 994,270 (9,520) Other Financing Sources (Uses): Transfers from Other Funds 1,814 94,600 -- -- Transfers to Other Funds -- -- (14,000) - li - Total Other Financing Sources/(Uses) 1,814 94,600 (14,000) -- Excess of Revenues and Other Sources Over/(Under) Expenditures & Other Uses 7,853 913,135 980,270 (9,520) Fund Balance, October 1, 1988 524,500 3,824,276 5,113,347 10,514 Fund Balance, September 30, 1989 S 532,353 $ 4,737,411 S 6,093,617 S 994 1 I 45 II I IIFin And Tourist Tourist Tourist Tourist Tourist Ambulance II Developent, Development, Development, Development, Development, District N1 District District District District Lover and None Mimo three (*Four District Middle Keys 11 S 2,623,953 S 389,733 S 740,384 $ 691,292 $ 896,407 S 2,767,174 .. .-- . .-- . -13.737 399,428 169,377 17,260 32,865 31,573 60,915 186,153 2,690 687 1,955 1,024 2,207 3,737 II 2,796,020 407,680 775,204 723,889 959,529 3,369,623 II -- -- -- -- -- 120,720 .. ._ .. .. -- _. 2,663,820 2,068,597 345,644 562,631 561,542 720,730 -- .. -- _. __ .. 20,566 ' 2,068,597 345,644 562,631 561,542 720,730 2,805,106 727,423 62,036 212,573 162,347 238,799 564,517 II -- -- -- 3,347 II -- -- -- -- -- (353,341) II -- -- -- .. .. (343,470) II727,423 62,036 212,573 162,347 238,799 221,047 1,634,675 206,506 379,835 332,342 457,278 993,208 ' S 2,362,098 $ 268,542 S 532,408 $ 494,689 S 696,077 $ 1,214,255 ' (continued) i 46 MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS ' COMBINING STATEMENT OF REVENUES, EIPENDITURES AND CHANGES IN FUND BALANCE ' ALL SPECIAL REVENUE FUNDS - CONTINUED FOR THE FISCAL TEAR ENDED SEPTEMBER 30, 1989 Special I Fir* And Fire And Translator Road District Mtulance Turbulence System - Cross Key District SS District 06 Service Waterway - Tavernier • Key Largo District Estates Revenues: ' Taxes S 304,819 S 640,286 S 127,772 S 3,589 Licenses & Permits -- -- -- -- Intergovermental Revenues -- 700 -- -• Charges for Services 3,903 8,162 1,656 -- Fines & Forfeitures -- -- -- -- Interest Income 35,711 43,720 52,874 272 Miscellaneous Revenues -- 520 500 -- Total Revenues 344,433 693,888 182,1102 3,861 Expendi tures: I Current: General Government 15,298 28,066 -- -- Public Safety 172,920 559,325 -- -- Transportation -- -• -- 760 Economic Environment -- -- -- -- Munn Services -- -- -- -- Culture and Recreation •- -- 444,272 -- Debt Service -- -• -- -- Total Expenditures 1E8,218 587,391 444,272 760 Excess of Revenues Over/ (Under) Expenditures 156,215 106,497 (261,470) 3,101 I Other Financing Sources (uses): Transfers from Other Funds 3,442 3,442 -- -• Transfers to Other Funds (51,484) (83,744) (10,626) -- Total Other Financing Sources/(Uses) (48,042) (80,302) (10,626) -- Excess of Revenues and Other Sources Over/(under) Expenditures & Other Uses 108,173 26,195 (272,096) 3,101 J Fund Balance, October 1, 1988 223,976 347,227 725,640 3,002 Fund Balance, September 30, 1989 S 332,149 S 373,422 S 453,544 S 6,103 I I I 47 i i II Unincorporated Ares Services unincorporated District Area Services II Special Special Mariners - Manning, Road District Road District HospitalBuliding and Parks and impact Fees Gulf Drive Venetian Drive District Zoning Recreation - Roadways ' $ -- $ -- S 1,918 $ 1,500,431 S 346,331 S -- -- -- -- 1,914,686 -- -- -- -- -- -- --- - --- - 221,240 1,585 -- 23,775 21,010 8,258 -- 4,085 10,719 263,945 38,818 250,000 ' -- -- -- 5,580 14,505 1,332,848 4,085 12,637 3,937,915 422,249 1,582,848 1 -- -- -- 1,952,519 -- -- -- 1,082 -- 1,642,043 -- -- -- -- ' -- -- 161,919 -- 4- -- 408,272 II -- 1,082 161,919 3,594,562 408,212 -- -- 3,003 (149,282) 343,353 14,037 1,582,848 1 ' -- -- -- (324,526) -- -- II -- -- -- (324,526) -- -- ' -- 3,003 (149,282) 18,827 14,037 1,582,848 968 44,658 182,709 1,988,091 303,096 2,023,388 ' S 968 S 47,661 $ 33,427 $ 2,006,918 S 317,133 $ 3,606,236 ' (continued) II 48 EOEROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS I COMBINING STATEMENT OF REVENUER, EXPENDITURES AND CHANGES IN FUND BALANCE ALL SPECIAL REVENUE FUNDS — CONTINUED FOR THE FISCAL YEAR ENDED SEPTEBER 30, 1989 I Impact Fees Impact Fees • Perks and lapaet Fat Impact Fees - Pollee Recreation • Libraries - Solid Waste Facilities Revenues: 1 Taxes S -- S -- $ -- S -- Licenses 8 Permits -- -• -- -- Intergoverrnental Revenues -- -- -- -- Charges for Services -- -- -- -- Fines 8 Forfeitures -- -- -- - 911 - Interest Income 18,246 25,023 16,913 15,796 Miscellaneous Revenues 106,095 136,040 73,414 105,829 Total Revenues 124,341 161,063 90,327 121,625 411 Expenditures: Current: General Goverment -- -- -- -- Public Safety -- -- -- - 11 - Transportation -- -- -- -- Econceic Environment -- -- -- -- Munn Services -- -- -- -- Culture and Recreation -- -- -- -- Debt Service -- -- -- -- Total Expenditures -- -• -- - 41 - Excess of Revenues Over/ (Under) Expenditures 124,341 161,063 90,327 121,625 IJI Other Financing Sources (Uses): Transfers from Other Finds •• -- -- -- Transfers to Other Fends -- -- -- -- JI Total Other Financing Sources/(Uses) -• -- -- -- Excess of Revenues and Other Sources Over/(Under) Expenditures & Other Uses 124,341 161,063 90,327 121,625lil Fund Balance, October 1, 1988 147,543 217,324 146,922 119,806 Fund Balance, September 30, 1989 S 271,884 $ 378,387 S 237,249 $ 241,431 I I i 49 i 11 1 Upper Kays Ninth Cars Spacial Taring District Total S 872,263 S 28,286,150 1,914,686 -- 2,883,676 • 11,237 602,838 1,837,807 54,061 2,377,447 ' -- 1,833,767 937,561 39,736,371 1 24,745 2,660,218 21,289,280 3,265,087 -- 4,501,324 513,645 675,564 ' -- 852,484 20,566 ' 538,390 33,264,523 399,171 6,471,848 113,169 (61,574) (899,295) (61,574) (786,126) 337,597 5,685,722 19,890,831 76 ' S ttttttttttt9c= S _-2tt5ttlS5tt 1 50 MONROE COUNTY, FLORIDA - BOARD OP COUNTY COMMISSIONERS I STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL COMMUNITY DEVELOPMENT BLOCK GRANTS SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Variance 1 Favorable Budget Actual (Unfavorable) Revenues: , Intergovernmental Revenues S 241,516 S 240,435 S (1,081) Interest Insole -- 7,781 7,781 Miscellaneous Revenues -- 3 3 ' Total Revenues 241,516 248,219 6,703 Expenditures: 1 Current: Economic Environment: Neighborhood Facilities (007) 38,303 37,222 1,081 Rehabilitation (051) 171,205 171,205 -- Adninistration (181) 33,822 33,753 69 Total Economic Environment 243,330 242,180 1,150 I Total Expenditures 243,330 242,180 1,150 Excess of Revenues Over/ (Under) Expenditures (1,814) 6,039 7,853 Other Financing Sources (Uses): I Transfers from Other Funds 1,814 1,814 -- Total Other Financing J Sources/(Uses) 1,814 1,814 -- Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses -- 7,853 7,853 Fund Balance, October 1, 1988 524,500 524,500 -- Fud Balance, September 30, 1989 S 524,500 S 532,353 S 7,853 Sttttt...t..t.. =a vas a am:... l I 3 I 51 I LNONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES MID CHANGES IN FUND BALANCE - BUDGET AND ACTUAL II FINE MID FORFEITURE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 IIVariance Favorable iBudget Actual (unfavorable) Revenues: Taxes S 15,245,523 S 14,748,394 $ (497,129) II Intergovernmental Revenues 106,536 273,161 166,625 Charges for Services 102,000 133,667 31,667 Fines and Forfeitures 1,228,547 1,811,951 583,404 Interest Incanm 380,000 582,052 202,052 IIMiscellaneous Revenues 1,500 11,865 10,365 Total Revenues 17,064,106 17,561,090 496,984 II Expenditures: Current: ' General Government: Witness Fees 498,323 491,383 6,940 Total General Government 498,323 491,383 6,940 ' Public Safety: Sheriff's Budget 15,164,593 15,164,593 -- Sheriff's Other 891,088 888,668 2,420 ' Other Law Enforcement Officers 94,354 94,207 147 LEEA Funds 75,000 74,995 5 Trust Fund Capital Equipment 88,547 28,709 59,838 ' Total Public Safety 16,313,582 16,251,172 62,410 Total Expenditures 16,811,905 16,742,555 69,350 IIExcess of Revenues Over/ (Under) Expenditures 252,201 818,535 566,334 IIOther Financing Sources (Uses): Reserve for Contingencies (2,036) -- 2,036 ' Transfers from Other Funds 94,600 94,600 -- Total Other Financing Sources/(Uses) 92,564 94,600 2,036 ' Excess of Revenues and Other Sources Over/(Wrier) Expenditures end Other Uses 344,765 913,135 568,370 tFund Balance, October 1, 1988 3,824,276 3,824,276 -- iFund Balance, September 30, 1989 $ 4,169,041 S 4,737,411 $ 568,370 Il 52 i MONROE COUNTY, FLORIDA - BOARD OF COUNTY C0MMISSI0NERS I 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, 1989 Variance I Favorable Budget Actual (Unfavorable) Revenues: Taxes S 1,600,000 5 1,630,904 $ 30,904 Intergovernmental Revenues 2,015,000 2,133,424 118,424 ' Interest Incase 180,000 458,939 278,939 Miscellaneous Revenues -- 34,248 34,248 Total Revenues 3,795,000 4,257,515 462,515 j Expenditures: Current: Transportation: Road Department 1,351,538 1,148,647 202,891 Boot Key Bridge 106,172 91,971 14,201 County Engineer 238,002 206,997 31,005 Local Option Gas Tax: Road Department, Operating 677,500 413,127 264,373 Street Lighting 225,000 182,304 42,694 Local Option Gas Tax Projects 2,991,000 636,214 2,354,786 BOX Gas Tex 5th & 6th Cent Projects 1,700,000 583,985 1,116,015 Total Expenditures 7,289,212 3,263,245 4,025,967 1 Excess of Revenues Over/ (Under) Expenditures (3,494,212) 994,270 4,488,482 Other Financing Sources (Uses): Reserve for Contingencies (108,038) -- 108,038 Transfers to Other Funds (14,000) (14,000) -• Total Other Financing Sources/(Uses) (122,038) (14,000) 108,038 Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses (3,616,250) 980,270 4,596,520 Fund Balance, October 1, 1988 5,113,347 5,113,347 •- Fud Balance, September 30, 1989 S 1,497,097 $ 6,093,617 $ 4,596,520 I I 53 I IIMONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EIPENDITURES AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL II LAW LIBRARY SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 II Variance Favorable IBudget Actual (Unfavorable) Revenues: Fines and Forfeitures $ 17,900 S 17,598 $ (302) II Interest Income 600 349 (251) Miscellaneous Revenues 20 20 Total Revenues 18,500 17,967 (533) L Expenditures: Current: II General Goverment: Operations 38,575 27,487 11,088 ITotal Expenditures 38,575 27,487 11,088 Excess of Revenues Over/ (Under) Expenditures (20,075) (9,520) 10,555 II Other Financing Sources (Uses): Reserve for Contingencies (5,000) -- 5,000 IITotal Other Financing Sources/(Uses) (5,000) -- 5,000 ll Excess of Revenues erd Other Sources Over/(Under) Expenditures and Other Uses (25,075) (9,520) 15,555 IIFund Balance, October 1, 1988 10,514 10,514 -- ' Fund Balance, September 30, 1989 f ...--_-(14,561)1) f 994 S ====2i6S 1i_555II II II II 1 54 MONROE COUNTY, FLORIDA — BOARD or COUNTY COMMISSIONERS STATEMENT OF REJflUIS, EIPENDITURES MID CHAMOIS IN FUND BALANCE — BUDGET AND ACTUAL TOURIST DEVELOPMENT, DISTRICT ONE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Variance 1 favorable Budget Actual (Unfavorable) , Revenues: Taxes S 2,065,502 S 2,623,953 S 558,451 interest Income -- 169,377 169,377 ' Miscellaneous Revenues -- 2,690 2,690 Total Revenues 2,065,502 2,796,020 730,518 I Expenditures: Current: Economic Environment: Advertising and Promotion 1,071,560 881,386 190,174 Events 518,140 480,428 37,712 Aolsinistrative Services 91,571 87,100 4,471 3rd Cent: TDC Administrative Expense 19,622 6,519 13,103 Tourist Information Services 216,816 49,262 167,554 Bricks and Mortar 1,556,802 488,564 1,068,238 Special Events 46,988 38,000 8,988 Promotion and Advertising 169,755 37,338 132,417 Total Expenditures 3,691,254 2,068,597 1,622,657 1 Excess of Revenues Over/ (Under) Expend(tures (1,625,752) 727,423 2,353,175 fud Balance, October 1, 1988 1,634,675 1,634,675 -- Fund Balance, September 30, 1989 S ..:.....8,923 S :.:::2,�.�: S ..::.2,353,175 I I I 1 I I 55 3 IMONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL I TOURIST DEVELOPMENT, DISTRICT TWO SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 I Variance Favorable Budget Actual (Unfavorable) ERevenues: Taxes S 364,501 S 389,733 S 25,232 Interest Income -- 17,260 17,260 EMiscellaneous Revenues -- 687 687 Total Revenues 364,501 407,680 43,179 Expenditures: Current: Economic Environment: I Advertising and Promotion 252,140 185,O72 67,068 Events 127,166 74,465 52,701 Administrative Services 16,160 12,443 3,717 I 3rd Cent: TDC Administrative Expense 3,463 931 2,532 Tourist Information Services 121,183 34,019 87,164 Special Events 46,622 34,714 11,908 IPromotion and Advertising 46,450 4,000 42,450 Total Expenditures 613,184 345,644 267,540 I Excess of Revenues Over/ (Under) Expenditures (248,643) 62,036 310,719 Fund Balance, October 1, 1988 206,506 206,506 -- Fund Balance, September 30, 1989 S (42,177) S 268,542 S 310,719 _eens===:=_:__ ___ - I I I I I 56 MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL TOURIST DEVELOPMENT, DISTRICT THREE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Variance favorable Midget Actual (Unfavorable) Revenues: ' Taxes S 607,497 S 740,384 S 132,887 Interest Income -• 32,865 32,865 MiscelLaneous Revenues -- 1,955 1,955 ' Total Revenues 607,497 775,204 167,707 Expenditures: Current: Economic Environment: Advertising and Promotion 447,628 329,469 118,159 Events 173,640 162,408 11,232 Administrative Services 26,931 24,886 2,045 3rd Cent: 3rd Cent Program 11,220 -- 11,220 TEC Administrative Expense 5,771 2,076 3,695 Tourist Information Services 65,019 23,443 41,576 Bricks and Mortar 224,148 10,125 214,023 Special Events 43,346 10,224 33,122II Promotion end Advertising 59,600 -- 59,600 Total Expenditures 1,057,303 562,631 494,672 I Excess of Revenues Over/ (alder) Expenditures (449,806) 212,573 662,379 Fund Balance, October 1, 1988 319,835 319,835 -- I Fund Balance, September 30, 1989 $ c_ (129,971) S ._ 532,408 S 662,379 I I I I I I 1 57 I IMONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EIPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL I TOURIST DEVELOPMENT, DISTRICT FOUR SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 I Variance Favorable Budget Actual (Unfavorable) IRevenues: Taxes S 405,001 S 691,292 S 286,291 Interest Income -- 31,573 31,573 IMiscellaneous Revenues -- 1,024 1,024 Total Revenues 405,001 723,889 318,888 IExpenditures: Current: Econxnic Environment: I Advertising and Promotion 341,732 289,035 52,697 Events 179,049 163,704 15,345 Administrative Services 23,108 23,108 -- I 3rd Cent: 3rd Cent Program 4,989 4,989 TDL Administrative Expense 3,848 1,730 2,118 Tourist Information Services 83,000 31,435 51,565 I Bricks end Morton 120,000 -- 120,000 Special Events 38,048 32,433 5,615 Promotion and Advertising 30,006 20,097 9,909 ITotal Expenditures 823,780 561,542 262,238 Excess of Revenues Over/ (Under) Expenditures (418,779) 162,347 581,126 I Fund Balance, October 1, 1988 332,342 332,342 -- Fund Balance, September 30, 1989 S (86,437) S 494,689 S 581,126 I I I I I 58 I MONROE COUNTY, FLORIDA - BOARD OP COUNTY COMMISSIONERS 1 STATEMENT OF REVENUES, EYPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL TOURIST DEVELOPMENT, DISTRICT FIVE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Variance Favorable Budget Actual (Unfavorable) Revenues: ' Taxes S 607,500 S 896,407 S 288,907 Interest Income -- 60,915 60,915 Niscellaneous Revenues -- 2,207 2,207 ' Total Revenues 607,500 959,529 352,029 Expenditures: I Current: Econcnic Environment: �N Advertising and Promotion 467,939 349,645 118,294 ■] Events 218,442 202,997 15,445 Administrative Services 30,218 30,218 -- 3rd Cent: 3rd Cent Program 35,750 -- 35,750 TDC Administrative Expense 5,771 2,262 3,509 Tourist Information Services 153,191 69,327 83,864 Bricks and Nortor 102,127 -- 102,127 Special Events 102,127 50,324 51,803 II Promotion end Advertising 76,571 15,957 60,614 Total Expendi tures 1,192,136 720,730 471,406 I Excess of Revenues Over/ (Under) Expenditures (584,636) 238,799 823,435 Fund Balance, October 1, 1988 457,278 457,278 -- Fund Balance, September 30, 1%9 S (127,358) S 6%,077 S 823,435 I I I I I I I 59 1 IMONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL, I FIRE AND AMBULANCE DISTRICT #1 — LOWER AND MIDDLE KEYS, SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 1 Variance Favorable IBudget Actual (Unfavorable) Revenues: Taxes S 2,763,896 S 2,767,174 S 3,278 I Intergovernmental Revenues -- 13,131 13,131 Charges for Services 463,755 399,428 (64,327) Interest Income -- 186,153 186,153 Miscellaneous Revenues -- 3,737 3,737 I Total Revenues 3,227,651 3,369,623 141,972 I Expenditures: Current: General Government: ICommissions and Fees 120,895 120,720 175 Total General Government 120,895 120,720 175 I Public Safety: Fire Rescue, Dist-Lower & Middle Keys 1,696,805 1,240,212 456,593 Ambulance, Dist-Lower & Middle Keys 1,520,036 1,423,608 96,428 ITotal Public Safety 3,216,841 2,663,820 553,021 Debt Service: I Principal Retirement: -- fire Rescue, Dist-Lower & Middle Keys 52,250 Ambulance, Dist-Lower & Middle Keys 52,250 280,728 -- 280,728 Interest and Fiscal Charges: I Fire Rescue, Dist-Lower & Middle Keys 20,378 -• 20,378 Am Middle Ambulance, Dist-Lower & Keys 20,566 20,566 Total Debt Service 373,922 20,566 353,356 ITotal Expenditures 3,711,658 2,805,106 906,552 Excess of Revenues Over/ I (Under) Expenditures (484,007) 564,517 1,048,524 (continued) I I 60 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS I STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL FIRE AND AMBULANCE DISTRICT #1 — LOWER AND MIDDLE KEYS, , SPECIAL REVENUE FUND — CONTINUED FOR TEE FISCAL YEAR ENDED SEPTEMBER 30, 1989 I Variance Favorable ' Budget Actual (Unfavorable) Other Financing Sources (Uses): Reserve for Contingencies (105,665) -- 105,665 ' Transfers from Other Funds 9,871 9,871 -- Transfers to Other Fwd. (353,341) (353,341) -- Capital Lease Acquisition -- -- -- Proceeds from Tax Anticipation Notes 209,000 -- (209,000) ill Proceeds from Mortgage Loans -- -- -• Proceeds frog Bads -- -- -• ���fff Total Other Financing ■ Sources/(Uses) (240,135) (343,470) (103,335) i Excess of Revenues and Other Sources Over/(Under) Expenditures and Other Uses (724,142) 221,047 945,189 Fund Balance, October 1, 1988 993,208 993,208 -- Fund Balance, September 30, 1989 S 269,066_ S 2 255 S 945,189: I I I I I I I 61 I IMONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EYPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL I FIRE AND AMBULANCE DISTRICT /5 - TAVERNIER SPECIAL REVENUE FUND FOR TEE FISCAL YEAR ENDED SEPTEMBER 30, 1989 LVariance Favorable IBudget Actual (Unfavorable) Revenues: Tans S 312,717 S 304,819 S (7,898) I Charges for Services -- 3,903 ; yp; Interest Income 35,711 35,711 Total Revenues 312,717 344,433 31,716 Expenditures: I Current: General Government: Commissions and Fees 25,000 15,298 9,702 I Public Safety: Tavernier Volunteer Ambulance 127,538 87,477 40,061 Tavernier Volunteer Fire Dept. 234,339 85,443 148,896 ITotal ELM it Safety 361,877 172,920 18.9,957 Total Expenditures 386,877 188,218 198,659 I Excess of Revenues Over/ (Under) Expenditures (74,160) 156,215 230,375 IOther Financing Sources (Uses): Reserve for Contingencies (11,054) -- 11,054 Transfers from Other Funds 3,442 3,442 -- ITransfers to Other Funds (51,484) (51,484) -- Total Other Financing Sources/(Uses) (59,096) (48,042) 11,054 IExcess of Revenues and Other Sources Over/(Under) IExpenditures and Other Uses (133,256) 108,173 241,429 Fnd Balance, October 1, 1988 223,976 223,976 -- IFund Balance, September 30, 1989 S 90,720 S 332,149 S 241,429 I I 62 MONROE COUNTY, FLORIDA - BOARD OF COUNTY CO4CCISSIONERS 1 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FIRE AND AMBULANCE DISTRICT 06 - REY LARGO, SPECIAL REVENUE FUND ' FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Variance I Favorable Budget Actual (Unfavorable) , Revenues: Taxes S 645,158 S 640,786 S (4,372) Intergovernmental Revenues -- 700 700 ' Charges for Services -- 8,162 8,162 Interest Income -- 43,720 43,720 Miscellaneous Revenues -- 520 520 Total Revenues 645,158 693,888 48,730 I Expenditures: Current: General Government: Commissions and Fees 29,923 28,066 1,857 Public Safety: Key Largo Volunteer Ambulance 132,117 102,116 30,001 Key Largo Volunteer Fire Dept. 582,868 457,209 125,659 j Total Public Safety 714,985 559,325 155,660 Debt Service: Key Largo Volunteer Fire Dept.: Principal Payment (Referendum EVuipaent) 190,000 -- 190,000 Interest 18,525 -- 18,525 Total Debt Service 208,525 -- 208,525 Total Expenditures 953,433 587,391 366,042 1 Excess of Ravens, Over/ (Under) Expenditures (308,275) 106,497 414,772 Other Financing Sources (Uses): Reserve for Contingencies (29,148) -- 29,148 Transfers from Other Fuxb 3,442 3,442 -- Transfers to Other Funds (83,744) (83,744) -- Proceeds from Tax Anticipation Notes 190,000 -- (190,000) Total Other Financing I Sources/(Use) 80,550 (80,302) (160,852) Excess of Revenues end Other Sources Over/(Under) Expenditures and Other Uses (227,725) 26,195 253,920 Fund Balance, October 1, 1988 347,227 347,227 -- I Fund Balance, September 30, 1989 $ 119,502 S 373,422 S 253,920 ' 63 I ■ MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS I STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IR FUND BALANCE — BUDGET AND ACTUAL I TRANSLATOR SYSTEM SERVICE DISTRICT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 IVariance Favorable Budget Actual (Unfavorable) I Revenues: Taxes S 124,586 S 127,772 S 3,186 ' Charges for Services -- 1,656 1,656 Interest Income 20,000 52,874 32,874 Miscellaneous Revenues -- 500 500 ITotal Revenues 144,586 182,802 38,216 Expenditures: II Current: Culture and Recreation: Translator 622,858 444,272 178,586 ' Total Expenditures 622,858 444,272 178,586 Excess of Revenues Over/ ' (Under) Expenditures (478,272) (261,470) 216,802 Other Financing Sources (Uses): ' Reserve for Contingencies (30,000) -- 30,000 Transfers to Other Funds (10,626) (10,626) Total Other Financing IISources/(Uses) (40,626) (10,626) 30,000 Excess of Revenues and Other ' Sources Over/(Under) Expenditures and Other Uses (518,898) (272,096) 246,802 Fund Balance, October 1, 1988 725,640 725,640 -- ' Fund Balance, September 30, 1989 $ 206,742 $ 453,544 $ 246,802 1 II II ll 64 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS I STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL SPECIAL ROAD DISTRICT — CROSS KEY WATERWAY ESTATES SPECIAL REVENUE FUND 1 FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Variance 1 Favorable Budget Actual (Unfavorable) 1 Revenues: Taxes S -- a 3,589 $ 3,589 Interest Income -- 272 272 1 Miscellaneous Revenue 3,750 -- (3,750) Total Revenues 3,750 3,861 111 ill Expenditures: Current: Transportation: il Street Lighting-Cross Key Estates 4,895 -- 4,895 Crosakey Waterways 905 760 145 Total Expenditures 5,800 760 5,040 1 Excess of Revenues Over/ (Under) Expenditures (2,050) 3,101 5,151 J Other Financing Sources (Uses): Reserve for Contingencies (200) -- 20011 Total Other Financing Sources/(Uses) (200) -- 200 II Excess of Revenues and Other Sources Over/(Under) Expenditures end Other Uses (2,250) 3,101 5,351 7 fund maBalance, October 1, 8 3,002 3,002 -- `i Fund Balance, September 30, 1989 $ 752 S 6,103 S 5,351 1 1 1 I I i 65 1 MONROE COUNTY, FLORIDA - BOARD OP COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL SPECIAL ROAD DISTRICT — VENETIAN DRIVE SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Variance Favorable Budget Actual (Unfavorable) Revenues: Interest Income S -- S 4,085 S 4,085 iTotal Revenues -- 4,085 4,085 Expenditures: Current: Transportation: Venetian Drive 44,568 1,082 43,486 Total Expenditures 44,568 1,082 43,486 Excess of Revenues Over/ (Under) Expenditures (44,568) 3,003 47,571 Fund Balance, October 1, 1988 44,658 44,658 -- 1 Fund Balance, September 30, 1989 B 90 S 47,661 $ 47,571 1 1 66 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS I STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL MARINERS HOSPITAL DISTRICT SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Variance Favorable Budget Actual (Unfavorable) Revenues: I Taxes S -- S 1,918 S 1,918 Interest Income -- 10,719 10,719 Total Revenues -- 12,637 12,637 I Expenditures: I Currant: Human Services: Mariners Hospital 182,560 161,919 20,641 I Total Expenditures 182,560 161,919 20,641 Excess of Revenues Over/ I (Under) Expenditures (182,560) (149,282) 33,278 Fun/ Balance, October 1, 1988 182,709 182,709 -- I Fun( Balance, Spteaber 30, 1%9 S 149 S 33,427 S 33,278 ........o..... .f.....a...a.. I j I I A I I I I 67 I 1 MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL I UNINCORPORATED AREA SERVICE DISTRICT - PLANNING, BUILDING AND ZONING SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 I Variance Favorable Budget Actual (Unfavorable) Revenues: I Taxes S 539,456 S 500,47 S (39,025) Licenses and Permits 1,003,142 1,914,686 911,544 Intergovernmental Revenues 412,244 221,240 (211,004) Charges for Services -- 23,775 23,775 I Fines and Forfeitures 45,000 8,258 (36,74t) Interest incamm 171,346 263,945 92,599 Miscellaneous Revenues -- 5,580 5,580 ITotal Revenues 3,191,188 3,937,915 746,727 I Expenditures: Current: General Government: Planning and Zoning 1,420,211 1,394,57E 25,639 I Planning Commission 41,805 40,980 825 Environmental Resources 230,826 216,904 13,92E Land Use Plan Implementation: II Development Development 61,155 55,044 6,111 Development 62,047 34,67E 27,375 Legal Assistance 40,004 18,125 21,879 Property Appraiser 50,000 50,000 -- III Hearing Officer 13,656 12,938 718 Special Counsel 161,382 161,382 DCA Grant 45,000 45,000 -- Planning/Building/Code Enforcement Fees 94,781 84,284 10,497 ITotal General Government 2,220,867 1,952,519 268,348 Public Safety: I Building Department 1,059,736 1,047,603 12,133 Code Enforcement 504,050 466,452 37,593 Fire Marshall 137,566 127,988 9,578 ITotal Public Safety 1,701,352 1,642,043 59,309 Culture and Recreation: ' Parks 8 Recreation 5,000 -- 5,ggg Total Cultural and Recreation 5,000 -- 5,000 ITotal Expenditures 3,927,219 3,594,562 332,657 Excess of Revenues Over/ (Under) Expenditures (736,031) 343,353 1,079,384 ll (continued) I 68 1 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE — BUDGET MID ACTUAL UNINCORPORATED AREA SERVICE DISTRICT — PLANNING, BUILDING AND ZONING SPECIAL REVENUE FUND — CONTINUED FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 1 Variance Favorable Budget Actual (Unfavorable) Other financing Sources (Uses): Reserve for Contingencies (29,966) -- 29,966 Transfers to Other Fulls (324,526) (324,526) •• Total Other Financing Sources/(Uses) (354,492) (324,526) 29,966 Excess of Revenues and Other Sources Over/(under) Expenditures and Other Uses (1,090,523) 18,827 1,109,350 Fund Balance, October 1, 1988 1,9138,091 1,988,091 •- Fund Balance, Septenber 30, 1989 S 897,568 $ 2,006,918 S 1,109,350 w I I I I I I I I 69 I MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL UNINCORPORATED AREA SERVICE DISTRICT - PARRS AND RECREATION SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 L Variance Favorable Budget Actual (Unfavorable) Revenues: Taxes S 355,101 S 346,331 S (5,770) Intergovernmental Revenues -- 1,585 1,585 Charges for Services 18,000 21,010 3,010 Interest Income •- 38,818 38,818 IMiscellaneous Revenues -- 14,505 14,505 Total Revenues 373,101 422,2L9 49,148 IExpenditures: Current: Culture and Recreation: I Surber School Recreation Program 55,000 55,000 -- Perks S Beaches Unincorporated 55,000 284,668 43,548 Pigeon Key 70,536 68,544 1,992 ITotal Expenditures 453,752 408,21E 45,540 Excess of Revenues Over/ ' (Under) Expenditures (80,651) 14,037 94,688 Other Financing Sources (Uses): IReserve for Contingencies (29,1773) -- 29,055 Total Other Financing Sources/(Usw) (29,093) -- 29,093 I Excess of Revenues and Other Sources Over/(Under) Expenditures end Other Uses (109,744) 14,037 123,781 I Fund Balance, October 1, 1988 303,096 303,096 •- IFund Balance, September 30, 1989 $ 193,352 S 317,133 $ 123,781 I I I 70 I I I I I I II I THIS PAGE INTENTIONALLY LEFT BLANK II ]1 ■ 1• ■ I I I l I 3 IMONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL L UPPER KEYS HEALTH CARE SPECIAL TAXING DISTRICT, SPECIAL REVENUE FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 LVariance Favorable Budget Actual (Unfavorable) Revenues: Taxes S 897,369 S 872,263 S (25,106) t Charges for Services 11,237 11,237 Interest income -- SG,061 54,061 Total Revenues 897,369 937,561 40,192 I Expenditures: Current: I General Goverment: Commissions and Fees 31,801 24,745 7,056 I Nunn Services: Transportation and Treabent 513,645513,6G5 Pre•Trensportation Hospital & Physical Care 105,206 -- 105,206 Upgrading Facilities f Staff Services 140,275 -- 140,275 ITotal Hunan Services 759,126 513,645 245,481 Total Expenditures 790,927 538,390 252,537 IExcess of Revenues Over/ (Under) Expenditures 106,442 399,171 292,729 ' Other Financing Sources (Uses): Transfers to Other funds (61,574) (61,574) •- fTotal Other Financing Sources/(Uses) (61,574) (61,574) •- I Excess of Revenues and Other Sources Over/(Oder) Expenditures and Other Uses 44,868 337,597 292,729 tTurd Balance, October 1, 1988 -. .- -- IFund Balance, September 30, 1989 f ..e 44,868 S 337,597 $ 292,729 I I 71 I MONROE COUNTY, FLORIDA — BOARD OP COUNTY COMMISSIONERS ' COMBINING BALANCE SHEET ALL DEBT SERVICE FUNDS SEPTEMBER 30, 1989II 1983 1988 A B B ' hfutdlng Itproyannt IFprovMsnt Revenue Bake Banda Total ' ASSETS Cash with Fiscal Agent S 6,801 f -- S 6,801 ' Due from Other Funds -- 61,815 61,815 Restricted Assets: Cash 50,553 6,934 57,487 Investments at Cost or 11 Amortized Cost 863,678 306,561 1,170,239 Total Assets f 921,032 f II ..... 3.....,310.... $ 1,296,34..e.. .f.2. LIABILITIES AND FIND EQUITY Liabilities: il Matured Interest Payable $ 6,802 $ -- S 6,802 Total Liabilities 6,802 -- 6,802 11 Fund Equity: Fund Balances: Unreserved 914,230 375,310 1,289,540 Total Fund Equity 914,230 375,310 1,289,540 Total liabilities, Fuel Equity f 921,032 S 375,310 f 1,296,342 .o.......n .®.®.... &mesnm...o I I I I I I 72 I IMONROE COUNTY, FLORIDA - BOARD OP COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE I ALL DEBT SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 I1983 1988 A 8 Refunding Inprovement I Inpruvaent Revenue tBonds Total Revenues: I Intergovernnentel Revenues f 223,250 f 585,221 S 808,471 Interest Income 72,785 4,T33 77,518 Miscellaneous Revenues 14,434 -- 14,434 ITotal Revenues 310,469 589,954 900,423 I Expenditures: Debt Service 210,059 214,644 424,703 Total Expenditures 210,059 214,644 424,703 IExcess of Revenues Over/ (Under) Expenditures 100,410 375,310 475,720 Fund Balance, October 1, 1988 813,820 -- 813,820 ' Fund Balance, September 30, 1989 S 914,230 S 375,310 f .. 1,289,540 I I I I I 73 I MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS I COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL ALL DEBT SERVICE FUNDS , FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 1983 Refunding Isprovm.nt Bolls i Variance ' Favorable Budget Actual (Unfavorable) Revenues: Intergovernmental Revenues S 223,250 S 223,250 S -- Interest Incase 50,000 72,785 22,785 Miscellaneous Revenues -- 14,434 14,434 Total Revenues 273,250 310,469 37,219 i Expenditures: Debt Service: Principal Retirement - 1983 Series 30,000 30,000 -- Principal Retirement - 1988 Series A -- -• -- Principal Retirement - 1988 Series B -- -- •• Interest and Fiscal Charges - 1983 Series 181,000 180,059 941 Interest - 1988 Series A -- •- -• Interest - 1988 Series B -- -- -- Fiscal Charges - 1988 Series A B B -- -- -- Total Expenditures 211,000 210,059 941 Excess of Revenues Over/ i (Under) Expenditures 62,250 100,410 38,160 Other Financing Sources (Uses): I Reserve for Contingencies (857,957) -- 857,957 Total Other Financing Sources/Nees) (857,957) -- 857,957 Excess of Revenues end Other Sources Over/(Under) Expenditures and Other Uses (755,707) 100,410 896,117 Fund Balance, October 1, 1988 813,820 813,820 -- J Fund Balance, September 30, 1989 S ........1 1113. S �..911,230. S 896,117 I I I 74 i II II 1 1988 A S B leprovaaant Revenue Borah Total Variance Variance li Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) ILS 667,152 S 585,221 $ (81,931) S 890,402 $ 808,471 S (81,931) -- 4,733 4,733 50,000 77,518 27,518 -- -- -• •• 14,434 14,434 i667,152 589,954 (77,198) 940,402 900,423 (39,979) 1 -- -- -- 30,000 30,000 -- 1 9,629 9,629 9,629 -- 9,629 185,000 185,000 185,000 185,000 •• -- -- 181,000 180,059 941 356,126 171,392 184,734 356,126 171,392 184,734 1 115,813 42,668 73,145 115,813 SB4 42,668 73,145 584 584 584 667,152 214,644 452,508 878,152 424,703 453,449 i -- 375,310 375,310 62,250 475,720 413,470 1 -- -. -- (857,957) -- 857,957 1 -- -- -- (857,957) -- 857,557 i -- 375,310 375,310 (795,707) 475,720 1,271,427 1 -- -• -- 813,820 813,820 -- I $ -- $ 375,310 S 375,310 S 18,113 S 1,289,540 $ 1,271,427 I I I 75 1 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS I COMBINING BALANCE SHEET ALL CAPITAL PROJECT FUNDS SEPTEMBER 30, 1989 I Key West ' Caw.hnlve Animal Improvemmnta Shelter Total ASSETS I Cash and Investments 1 357,080 S 4,906 S 361,986 Accents Receivable 489,588 -- 489,588 ' Due from Other Funds 5,734 •- 5,734 Due from Other Governmental Units 31,496 -- 31,496 Restricted Assets: Investments at Cost or Amortized Cost 7,107,371 -- 7,107,371 Total Assets S 7,991,269 S 4,906 S 7,996,175 LIABILITIES AND FUND EQUITY Liabilities: 1 Accounts Payable S 16,730 S -- S 16,730 Accrued Magee and Benefits Payable 720 •• 720 Contracts Payable 15,536 -- 15,536 Due to Other Fads 126,618 -• 126,618 Payable from Restricted Assets: Accents Payable 384,889 -- 384,889 Contracts Payable 126,162 -- 126,162 Total Liabilities 670,655 -• 670,655 Fund Equity: i Fund Balenaes: Reserved for Construction Trust Purposes 6,596,320 -- 6,596,320 Unreserved 724,294 4,906 729,200 Total fund Equity 7,320,614 4,906 7,325,520 Total Liabilities and Fund Equity S 7,991,269 S 4,906 S 7,996,175 I I I I I I 76 1 IMONROE COUNTY, FLORIDA - BOARD OP COUNTY COMMISSIONERS COMBINING STATEMENT OF REVENUES, EXPENDITURES MD CHANGES IN FUND BALANCE E ALL CAPITAL PROJECTS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 IKey West Casprehemlve Animal IIn s provanta Shelter Total Revenues: Intergovernmental Revenues S 31,496 S -- S 31,496 ■ Interest Incase 437,030 284 437,314 ■■ Miscellaneous Revenues 118,020 118,020 Total Revenues 586,546 284 586,830 II Expenditures: Capital Outlay: II General Government 786,780 786,780 Public safety 642,468 -• 642,468 Physical Environment 3,000 -- 3,000 ' Hunan Services 2,935 -- 2,935 Culture and Recreation 2,935 474,389 Total Expenditures 1,909,572 -- 1,909,572 ' Excess of Revenues Over/ (Under) Expenditures (1,323,026) 284 (1,322,742) II Other Financing Sources (Uses): Transfers fran Other Funds 187,400 -- 187,400 II Proceeds to Other Funds (118,193) -- (118,193) proceeds from Bonds 7,060,770 7,060,770 Total Other Financing IISources/(Urea) 7,129,977 -- 7,129,977 Excess of Revenues and Other Sources Over/(Under) ' Expenditures i Other Uses 5,806,951 284 5,807,235 Fund Balance, October 1, 1988 1,513,663 4,622 1,518,285 II Find Balance, Septesber 30, 1989 S 7,320,614 S 4,906 S 7,325,520 ll II II II 77 MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS I COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET MID ACTUAL ALL CAPITAL PROJECT FUNDS ' FOR THE ►ISCAL YEAR ENDED SEPTEMBER 30, 1989 Capital Projects, I Corprehenslve Improvements Variance , Favorable Budget Actual (Unfavorable) Revenues: I Intergovermanta( Revenues S 152,746 S 31,4% S (121,250) Charges for Services 75,000 -- (75,000) Interest Income -- 437,030 437,030 Miscellaneous Revenues 127,151 118,020 (9,131) Total Revenues 354,897 586,546 231,649 Expendi turn: Capital Outlay: General Government: Purchase of Temporary Courtroom 83,990 78,174 5,816 Courthouse Rntroams 30,000 25,671 4,329 Courthouse and Annex 96,538 -- 96,538 Marathon Courthouse Parking Lot 17,000 4,035 12,965 Clerk's Space L Courtroom 265,372 253,303 12,069 Clerk's fire Proof Storage 370,000 •• 370,000 1988 Bond Issue Projects: Contractual Services-PPM 8,122 8,122 -• Contractual Services-Fla Nat'l Bank 750 750 -• Tax Collector Licensing Center 297,000 297,000 -- Truman School Structural Analysis 55,700 55,700 -- TruM School Asbestm Analysis 8,500 8,500 •- Clerk's fireproof Storage-Construction 300,000 -- 300,000 PK State Attorney/Clerk Construction 173,651 2,927 170,724 PK State Attorney/Clerk ALE 887 -- 887 Marathon Civic/Gov't/EOC Center 2,000,000 -- 2,000,000 P.K.-State Attorney L Clerk's Office 5,613 2,686 2,927 P.K. Waste Treatment Plant 409 409 -- Stock IslanVkling III Office 49,503 49,503 -- Jackson Sq. Phase II-Southard St. Property 488 -• 488 Public Safety: Key Vest Jell 3rd Floor 28,910 28,556 354 Renovations Stock Island Facility 58,000 24,341 33,659 Sheriff Rotation - Cudjm Key 222,987 222,526 461 1988 Bond Issue Projects: Mew Jail facility 1,740,100 •- 1,740,100 Plantation Key Tap. Jail Facility 628,700 242,650 386,050 ALE New Jail Facility 130,000 124,395 5,605 PBSJ Topo Survey 1,200 •- 1,200 Physical Envi remnant: Jilts Street Pier 3,000 3,000 -- I I 78 1 II I IL Capital Projects, Key West Animal Shelter Total ! Vscience Krlanee Favorable Favorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) IL S -- $ -- S •• S 152,746 S 31,496 S (121,250) -. -- -- 75,000 -- (75,000) -- -- 284 284 •- 437,314 437,314 127,151 118,020 (9,131) II -- 284 284 354,897 586,830 231,933 II -- -- -- 83,990 78,174 5,816 -- •- -- 30,000 25,671 4,329 Il - -- 96,538 -- 96,538 -- -- 17,000 4,035 12,965 •• -- -- 265,372 253,303 12,069 370,000 -- 370,000 II -- -- -- 8,122 8,122 -- -- •- 750 750 -- -- 297,000 297,000 -- -- -- -- -- 55,700 55,700 -- 8,500 8,500 -- -. -- -- 300,000 -• 300,000 ' :_ -- -- 173,651 887 -- 2,927 170,724 887 -- -- -• 2,000,000 -- 2,000,000 -- --- -• 5,613 2,686 -- 2,927 II 409 409 G9,503 49,503 -. -- -- 488 -- 488 Il - -- 28,910 28,556 354 -- 58,000 24,341 33,659 -- -- -- 222,987 222,526 461 II •• -- -- 1,740,100 -- 1,740,100 .. •• -- 628,700 242,650 386,050 -- -- •- 130,000 124,395 5,605 ' -- -- -- 1,200 -- 1,200 -- -- -- 3,000 3,000 -- II (continued) i 79 II MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS ' COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL ALL CAPITAL PROJECT FUNDS - CONTINUED ' FOR TEE FISCAL YEAR ENDED SEPTO®ER 30, 1989 Capital Projects, Comprehensive IsprcvMMnts Variance , Favorable • limit Actual (Unfavorable) Capital Outlay: , Transportation: State Grant, Wet Martell* Parking Study 2,500 -- 2,500 198E Bond Issue Projects: Key Bost Airport Improvements 380,000 -- 380,000 Marathon Airport Terminal (County Match) 228,807 -- 228,807 Xunen Services: Big Pine Key Anibal Shelter, FRS 139,226 2,935 136,291 Key West Mibal Shelter -- -- -- Culture and Recreation: Riggs Beech 384,525 378,490 5,535 Merry Harris Park 25,963 3,86E 22,095 Beech Access Appraisal 3,000 3,000 •• Other Parks & Recreation isprovebants 40,000 -- 40,000 Library Project/1981 Bard Sources 11,204 •• 11,204 Donation - K.L. Library 38,500 24,251 14,249 Big Pine Key Recreation Center 244,280 64,280 180,000 Key Large Library Construction 770,392 •• 770,392 Total Expenditures 8,844,817 1,909,572 6,935,245 1 Excess of Revanws Over/ (Under) Expenditures (8,489,920) (1,323,026) 7,166,8941 Other Financing Sources (Uses): Reserve for Contingencies (265,768) -- 265,76E Transfers from Other fuels 187,400 1117,400 •- Transfers to Other Funds (118,193) (118,193) -- Proceeds from Bonds 7,091,567 7,060,770 (30,797) Total Other Financing Sources/(Wee) 6,895,006 7,129,977 234,971 Excess of Revenues and Other II Sources Over/(under) Expenditures and Other Uses (1,594,914) 5,806,951 7,401,865 Fund Balance, October 1, 1988 1,513,663 1,513,663 •• and Balance, September 30, 1989 S (81,2E1) S 7,320,614 S 7,401,865 j I I 80 I II t , II Capital projects, • Key West Animal Shelter Total II Variance Varian Favorablefavorable Budget Actual (Unfavorable) Budget Actual (Unfavorable) E -- -- -- 2,500 -- 2,500 II -- -- -- 3841,000 -- 380,000 -- -- •- 228,407 -- 228,607 I - -- -- 139,226 2,935 136,291 4,622 4,622 4,622 4,622 -- -- 384,525 378,990 5,535 II -- -- 25,963 3,868 22,095 -- -- -- 3,000 3,000 -- -- -- -• 40,000 -- 40,000 -- -- -- 11,204 -- 11,204 38,500 24,251 14,249 -- -- -- 244,280 64,280 180,000 -- -- -- 770,392 -- 770,392 II 4,622 -- 4,622 8,849,439 1,909,572 6,939,867 II (4,622) 284 4,906 (8,494,542) (1,322,742) 7,171,400 II -- -- •- (265,768) •• 265,768 -- -- -- 187,400 187,400 -- -- -- -- (118,193) (118,1931 -- II -- -- -• 7,091,567 7,060,770 (30,797) -- -- -- 6,895,006 7,129,977 234,971 II II (4,622) 244 4,906 (1,599,536) 5,807,235 7,406,771 4,622 4,622 •• 7,518,285 1,518,285 -- IIS -- S 4,906 $ 4,906 $ (81,251) $ 7,325,520 $ 7,406,771 II II 81 NONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS ' COMBINING BALANCE SHEET ALL ENTERPRISE FUNDS SEPTEMBER 30, 1989 ' Municipal Iv: Card ' District Sand Malta Irides Total ASSETS Current Assets: Cash and investments S 4,586,814 S 1,711,001 S 6,297,815 Cash with Fiscal Agent -- 13,427 13,427 Accents Receivable: Delinquent Waste Collection Fees 1,537,677 -- 1,537,677 Allowance for Uncollectible Waste Collection Fees (884,313) -• (884,313) Other 129,937 -- 129,937 Allowance for Other Uncollectible (59,155) -- (59,155) Due from Other Funds -- 7,382 7,382 Due from Other Governmental Units 327,806 -- 327,806 Total Current Assets 5,638,766 1,731,810 7,370,576 Restricted Assets: I Cash 2,501,490 -- 2,501,490 Investments at Cost or Amortized Cost 1,136,723 -- 1,136,723 II Total Restricted Assets 3,638,213 -- 3,638,213 I Property, Plant end Equipment (Met of Accumulated Depreciation) 6,698,050 1,550,835 8,248,885 Other Auetsi Deferred Charges 346,813 -- 346,813 Total Assets $ 16,321,642 S 3,282,645 S 19,604,487 i I I I I 82 1 EMONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET ALL ENTERPRISE FUNDS - CONTINUED ISEPTIC'S/3ER 30, 1989 Municipal lye Card I District Bound West Bridge Total LIABILITIES AND FUND EQUITY I Currant Liabilities: Accounts Payable S 451,417 S 110,217 S 561,634 Accrued Wages and Benefits Payable 143,615 12,184 155,799 m Claims and Judgents Payable 380,487 380,487 Contracts Payable 29,950 •• 29,950 Due to Other Fads 164,252 3,371 167,623 I Matured Bonds Payable 0,000 0,000 Matured Interest Payable 306 306 Matured Premium Payable -- 3,121 3,121 Deposits in Escrow 20,023 -• 20,023 I Deferred Revenues 60,303 60,303 Capital Leases Payable - Currant 99,293 99.293 ' Total Current Liabilities 1,349,340 139,199 1,488,539 Current liabilities Payable fray Restricted Rants: I Contracts Payable 61,052 -- 61,052 Accrued Interest Payable 290,309 290,309 Revenue Bonds Payable - Current 315,000 -- 315,000 I Total Current Liabilities Payable from Restricts Assets 666,361 666,361 I Lang-Term Liabilities, Accrued Coapenaated Absences 99,763 6,216 105,979 Capital Leases Payable 71,480 -- 71,490 tRevenue Bonds Payable 8,447,X7 -- 8,44T,X7 Total Lap-Term Llabi titi es 8,618,590 6,216 8,624,806 Total Liabilities 10,634,291 145,415 10,779,706 Fund Equity: • I Contributed Capital 2,805,649 2,761 2,808,410 Retained Earnings: I Reserved for Revenue Bond Retirement 3,286,852 -- 3,286,852 Unreserved (604,950) 3,134,469 2,729,519 Total Retained Earnings 2,881,902 3,134,469 6,016,371 ' Total fund Equity 5,687,551 3,137,230 8,824,781 Total Liabilities as Fund Equity S 16,321,842 S 3,282,645 S 19,604,487 I 83 I MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS ' COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS ALL ENTERPRISE FUNDS ' FOR THE FISCAL YEAR ENDED SEPTEIBER 30, 1989 Mulleipat live Card ' District Rood Vests bridge Total Operating Revenues: ' Tolls S -- S 850,912 S' 850,912 Charges for Services 7,966,417 -- 7,966,417 Franchise Fees 837,203 -- 837,203 ' MiscellaneousRevenues 22,695 2,356 25,051 Total Operating Revenues 8,826,315 853,268 9,679,583 I Operating Expires: Personal Services 2,584,464 226,736 2,811,200 Professional Services 3,053,775 121,675 3,175,450 Utility Services 116,537 6,117 122,654 Insurance 157,417 45,232 202,649 Repairs and Maintenance 395,801 17,217 413,018 Operating Supplies 246,781 3,849 250,630 Other Operating Expenses 215,766 14,693 230,459 Depreciation 914,621 52,939 967,560 Total Operating Expenses 7,685,162 488,458 8,173,620 j Operating Inner (Loss) 1,141,153 364,810 1,505,963 3 Non-Operating Revenues (Expenses): Tans 5,023 -- 5,023 Operating Grants 88,712 -- 88,712 Interest Inane 651,797 123,112 774,909 Interest Expenses and Fiscal Charges (780,690) •- (780,690) Total Non-Operating Revenues (Expenses) (35,158) 123,112 87,954 Inner (Loss) Before Operating Transfers 1,105,955 487,922 1,593,917 +� Operating Triflers: ■■ Transfers to Other funds (28,500) (3,000) (31,500) Total Operating Transfers (28,500) (3,000) (31,500) 1 Net inane (Less) 1,077,495 484,922 1,562,417 Retained Earnings - October 1, 1988 4,610,056 2,652,308 7,262,364 Retained Earnings • September 30, 1989 S 5,687,551 S 3,137,230 S 8,824,781 1 I 80 I IMONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS COMBINING STATEMENT OF CHANGES IN FINANCIAL POSITION ALL ENTERPRISE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 Municipal Svc Card I District Sand Waste Bridge Total I Sources of Working Capital: Operation: Net Income (Loss) S 1,077,495 S 484,922 S 1,562,417 (tare Not Requiring (Providing) Working Capital: I Loss on Disposal of Assets 2,289 2,289 Depreciation and Depletion 912,333 52,939 965,272 Amortization of Deferred Charges 26,552 -- 26,552 Amortization of Capital Appreciation I on 1985 Refunding Improvement Boss 167,180 -- 767,780 Increase (Decrease) in Accrued Ccepensated Absences 15,286 517 15,883 Working Capital Provided (Used) by Operatiae 2,201,135 538,378 2,739,513 I Increase in Capital Leases 234,620 -- 234,620 Net Decrease in Restricted Assets 922,024 -- 922,024 ITotal Sources (Uses) of Working Capital 3,357,779 538,378 3,896,157 Uses of Working Capital: I Additions to Property, Plant and Equipment 997,544 734,219 7,131,763 Net Decrease in Current Liabilities Payable from Restricted Assets 3,961 -- 3,961 Retirement of Capital Leases 163,140 -- 163,140 I Decrease in Due to Customers 380,487 -- 380,f87 Retirement of Lag-Tenn Debt and Portions Becoming Current 315,000 -- 315,000 ITotal Uses of Working Capital 1,860,132 134,219 1,594,351 Net Increase/(Decrease) in Working Capital S 1,497,647 $ 404,159 S 1,901,806 Cagfonents of Net Increase (Decrease) in Working Capital: ' Cash 8 Investments f 1,736,557 S 489,80/ f 2,226,365 Accounts Receivable 37,728 37,728 Due from Other funds -- 7,382 7,382 Due from Other Goverment 141,385 (3,431) 137,954 I Accounts Payable (212,192) (109,183) (321,375) Accrued Wages Payable (33,631) (915) (34,546) Accrued Payroll Taxes and Retiremennt Payable (8,204) (788) (8,992) I Claims & Judgments Payable 190,243 Due to Customers (380,487) 10,243 (390,487) Contracts Payable 86,164 -- 23,055 109,219 Due to Other Funds 119,359 (1,833) 117,526 I Capital Leases Payable (99,293) -- (99 293) Other Current Liabilities (79,982) 64 (79,918) Net Increase/(Decrease) in Working Capital S 1,497,647 $ 404,159 S 1,901,806 I 85 I MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS ' SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL MUNICIPAL SERVICES DISTRICT - WASTE FOR THE YEAR ENDED SEPTEJBER 30, 1989 I Variance Favorable I Budget Actual (Unfavorable) Operating Expend)tuns: Adainistrati an S 1,922,148 S 1,912,347 S 9,801 , Retardaus wets 90,210 77,119 13,091 Franchlae Operators 2,381,640 2,381,592 48 Plant Operations 224,136 213,682 10,454 Cudjoe Key Volts% Radiation Plant 625,232 566,689 58,543 MSG-Cudjoe Key Landfill 138,718 65,922 72,796 Long Key Volume Reduction Plant 804,424 722,595 81,829 MSD-Long Key Landfi I 220,950 179,959 40,991 Key Large Volume Reduction Plant " 680,242 651,253 28,989 MSD-Key Large Landfill 77,918 62,112 15,806 Pollution Control 779,098 764,014 15,084 NSO-Rocycl ins 48,084 46,301 1,783 NSD-Used Oil Recycling Grant 25,000 -- 25,000 DER Recycling Grant 32,072 4,917 27,155 State Tire Recycling Grant 3,770 3,770 -- Renew) and Replacement 32,890 32,890 -- Total Operating Expenditures 8,086,532 7,685,162 401,370 Won-Operating Expandi turn: Bond Debt Service: Principal Retirement 369,148 363,847 5,301 Interest Expenses and Fiscal Charges 782,610 780,690 1,920 Total Bond Debt Service 1,151,758 1,144,537 7,221 Capital Outlay: But%dings 2,500 -- 2,500 E iiprnt 503,062 420,232 82,830 Plant Egulpnent Renewal and Rplecement 567,110 483,056 84,054 tud)pe Key Landfill Expansion 100,000 93,606 6,394 Total Capital Outlay 1,172,672 996,894 175,778 Total Non-Operating Expenditures 2,324,430 2,141,431 182,999 Operating Transfers and Reserves: Transfers to Other Funds 28,500 28,500 -- Reserve for Contingencies 2,894,479 -- 2,804,479 Total Operating Transfers and Reserves 2,922,979 28,500 2,894,479 Total Expenditures S 13,333,941 S 9,855,093 S 3,478,848 I . . ...o......... .....a...m.... I I 86 iMONROE COUNTY, FLORIDA - BOARD OF COUNTY CONNISSIONERS SCHEDULE OP EIPENDITURES - BUDGET AND ACTUAL I�r CARD SOUND BRIDGE FOR THE YEAR ENDED SEPTEMBER 30, 3989 111 Variance hvorabl. Sudan Retool Variance I Operating Expenditure: Cord Ewd Road I Toll Bridge $ 490,888 t 485,458 t 2,430 Total Operating Expenditure 490,6E8 480.453 2,430 I Non-Operating Expeditors.: Cool tal Outlay: I Sul Wings 7,340 6,363 957 IaYrovext.n Other Then Wilding* 212,301 101,614 110,687 Egoists26,6f0 26,222 388 ITotal Non-Operating Expenditure 246,251 134,219 112,032 Operating Trosfen and Reserves: Transfers to Other Funds 3,000 3,000 IReserve for Contingencies 1,061,155 •• 1,061,155 Total Operating Transfers end Reserves 1,064,155 3,000 1,061,155 ITotal Expendi turn S 1,501,294 9 625,677 9 1,175,617 m.w...e..S Sa....v...... ...Sf.r..e.i I I I I I I 87 1 I NONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS COMBINING BALANCE SHEET , ALL INTEMIAL SERVICE FUNDS SEPTEMBER 30, 1989 Worknents Group tisk I Compensation Insurance Mensflant Fund Fund Fied Total ASSETS ' Current Mesta: Cash ad Investments 8 504,102 S 603,112 8 601,107 $ 1,708,321 , Accants Receivable Other .. 242,273 • 242,273 Due from Other funds 163,200 204,647 5,274 373,121 Due from Other Governmental Units -- 381 -- 381II Total Current Auras 667,302 1,050,413 606,381 2,324,096 IIProperty, Plant and Equipment (Net of ACCtealat. Depreciation) 14,298 1,910 9,440 25,648 Total Assets 8 681,600 S 1,052,323 8 615,821 8 2,349,744 II ..lawn....• nnawaaa.at awnnnnaa nnn.aaaaass LIAIILITIES MO FUIp EOunTy II Currant Llebltltiest Account. Payable 8 29,158 8 57,667 8 8,547 $ 95,372 Accrued Napes and It efita Payable 5,960 4,253 3,866 14,099 Cisine and Judgements Payable 545,866 598,051 234,000 1,427,917 Due to Other Funds 6,601 9,892 985 17,478 Due to Other Governments 36 .. -- 36 II Other Currant Liabilities -- 3,743 -- 3,743 Total Current Liabilities 587,641 673,606 297,39E 1,558,645 J Lon eTnf Liabi titles, Accrued CAspsnsated Absences 4,363 2,977 2,552 9,892 j Total liabilities 592,004 676,513 299,950 1,568,537 Pud lq ityt Retained Earnings: Unreserved 89,596 375,740 315,871 781,207 Total Arid Equity 89,596 375,740 315,271 711,207 Total Liabilities and Pied guilty $ 681,600 S 1,052,323 8 615,821 S 2,349,744 j naawa.aaaas aaaamsa..aaa aaaunaawn man••••••• I I 88 ■ IMONROE COUNTY, FLORIDA - BOARD OP COUNTY COMMISSIONERS COMBINING STATEMENT OP REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS I ALL INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 IWorkmen's Group Risk coi .nsetion Insurance Mansgement Fund Fund Find Total IOperating Revenues: Charges for Services S 727,252 S 3,336,251 S 814,593 S 4,878,096 Miscellaneous Revenues -- 156 15,430 15,586 IITotal Operating Revenues 727,252 3,336,407 130,023 4,893,682 ' Operating Expenses: Personal Services 103,497 75,725 72,216 251,438 Professional Services 123,164 94,317 32,880 250,361 II Repairs 132,254 586,049 438,275 1,156,578 Repairs and Maintenance 2,628 147 5,605 8,380 Operating Supplies 13,399 208 4,07E 17,679 Other Operating Expenses 16,762 7,253 8,192 32,207 ' Depreciation 5,576 468 1,353 7,397 Asserted and Paid Claims 482,643 2,609,493 8,018 3,270,154 Total Operating Expenses 879,923 3,373,660 740,611 4,994,194 II Operating Income (less) (152,671) (37,253) 89,412 (100,512) ' Non-Operating Revenues (Expenses): Interest Income 42,265 42,569 52,128 136,962 Total Non-Operating Revenues (Expenses) 42,265 42,569 52,128 136,962 Il Net Income (toes) (110,406) 5,316 141,540 36,450 ' Retained Earnings - October 1, 1985 200,002 370,424 174,331 744,757 llRetained Earnings - September 30, 1989 f 89,596. $ .- 375,740 S 315,871 S 781,207 II II I 1 89 MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS ' CM®INING STATEMENT OF CHANGES IN FINANCIAL POSITION ALL INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1989 ' Workmen's Group Risk IICompensation Insurance Management Fund fund Fund Total Sources of Working Capital: IIOperations: Met income (Loss) S (110,406)S 5,316 S 141,540 S 36,450 Items Not Requiring (Providing) Working Capital: ' Loss an Disposal of Assets 427 519 -- 946 Depreciation and Depletion 5,576 507 1,352 7,435 Increase (Decrease) in Accrued Compensated Absences 2,129 1,183 1,139 4,451 J Working Capital Provided (Used) by Operations (102,274) 7,525 144,031 49,282 Uses of Working Capital: 11 Additions to Property, Plant and Equipment 7,172 -- 10,400 17,572 Total Uses of Working Capital 7,172 -- 10,400 17,572II Net Increase/(Decrease) in Working Capital S (109,446)S 7,525 $ 133,631 $ 31,710 II Components of Net Increase (Decrease) in Working Capital: Cash S Investments $ (245,229)S (140,511)S 311,338 S (74,402) II ACCa ,ts Receivable -- 106,530 -- 106,530 Due from Other Funds 163,200 204,647 (36,265) 331,582 Due from Other Government -- 381 -- 381 Accotmts Payable 17 (58,817) (4,701) (63,501) Accrued Wmges Payable (786) 206 (1,457) (2,037) Accrued Payroll Teses and Retirement Payable (288) 341 (547) (494) II Claims R Judgments Payable (19,819) (95,032) (134,000) (248,851) Contracts Payable -- -- 248 248 Due to Other Funds (6,573) (9,864) (985) (17,422) Due to Other Government (36) -- -- (36) il Other Current Liabilities 68 (356) -- (288) Net Increase/(Decrease) in Working Capital S (109,446)S 7,525 S 133,631 S 31,710 I ill I 90 II EMONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS SCHEDULE OF EXPENDITURES — BUDGET AND ACTUAL WORKMEN'S COMPENSATION FUND IFOR THE YEAR ENDED SEPTEMBER 30, 1989 Variance I Favorable Budget Actual Favorable 1 Operating Expenditures: Administrative Expenses S 90,838 f 87,138 S 3,700 Operations end Claims 801,100 734,604 66,496 Safety 8 Loss Control 63,340 58,181 5,159 ITotal Operating Expenditures 955,278 879,923 75,355 Non-Operating Expenditures: I Capital Outlay: Equipment 6,965 4,865 2,100 I Total Non-Operating Expenditures 6,965 4,865 2,100 Operating Reserves: Reserve for Contingencies 350,124 -- 350,124 ' Total Operating Reserves 350,124 •• 350,124 ITotal Expenditures S 1,312,367 S : .__884,7E8 S 427,579 I I I I I I I I 91 I MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS ' SCHEDULE OT EXPENDITURES — BUDGET AND ACTUAL GROUP INSURANCE FUND MR THE YEAR ENDED SEPTEMBER 30, 1989 I VarI once ' Favorable Budget Actual (Unfavorable) Operating Expenditures: ' Adainistrati on S 93,760 S 92,926 S 634 Group Insurance Clain 3,280,739 3,260,734 5 Total Operating Expenditures 3,374,499 3,373,660 839 ' Non-Operating Expenditures: Capital Outlay: Equipment 908 1,747 (839) Total Non-Operating Expenditures 908 1,747 C839) Total Expenditures S 3,375,407 S 3,375,407 S -- I I I I I I I I I 92 1 I MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL RISK MANAGEMENT FUND IFOR THE YEAR ENDED SEPTEMBER 30, 1989 Variance I Favorable Budget Actual (Unfavorable/ Operating Expenditures: I Administration f 92,52E S 88,699 S 3,824 Risk Management Claims 626,317 614,003 12,314 Safety and Loss Control Operating Expense 45,918 37,909 8,009 ITotal Operating Expeditures 764,758 740,611 24,147 Non-Operating Expenditures: I Capital Outlay: Equipment 12,941 10,399 2,542 Total Ron-Operating Expenditures 12,941 10,399 2,542 IOperating Reserves: Reserve for Contingencies 347,100 -- 347,100 ITotal Operating Transfers 347,100 -- 347,100 I Total Expenditures $ 1,124,799 S a..,:.751,010: S 373,789 mm I I I I I I I 93 I 1 1 1 I I I THIS PAGE INTENTIONALLY LEFT BLANK I I 3 I l I 1 I I I MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE SEPTEMBER 30, 1989 I GENERAL FIXED ASSETS: land S 7,279,638 Buildings 20,744,452 Equipment 14,100,180 Construction In Progress 3,461,942 Total Genera! Fixed Assets S 45,586,212 INVESTMENTS IN FIXED ASSETS FRCP: ' General Fund Revenues: County Funding S 19,583,992 1988 Improvement Revenue Bonds 12,060 ' Federal Grants and Shared Revenues 2,114,160 State Grants and Shared Revenues 236,492 Donations 233 ' General Obligation Bonds 2,469,017 Special Revenue Fund Revenues 7,799,555 Donations 2,517,392 Capital Project Find: ' Special Revenue Bonds 1,210,451 1988 Improvement Revenue Bonds 539,650 Federal Grants and Shared Revenues 1,281,4% State Grants and Shared Revenues 110,023 ■ Canty Funding 7,699,783 ■■ Donations 11,908 Total Investment In General Fixed Assets S 45,586,212 1 i 94 MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS ' SCHEDULE OF GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY SEPTEMBER 30, 1989 ' Construct)on Land Buildings Equipment in Progress Total ' General Goverreront: Legislative S -- S -- S 76,268 S -• S 76,268 Executive -- -• 83,065 -- 83,065 Financial and Administrative 439,179 2,318,668 1,751,332 -• 4,509,179 Legal Co:suel -- -• 73,491 -• 73,491 Comprehensive Planing -- 26,385 379,362 -- 405,747 Judicial •• 60,675 948,964 -- 1,009,639 Other General Goverramnt 4,248,494 4,629,231 941,693 -- 9,819,418 Total General Goverment 4,687,673 7,034,959 4,254,175 -- 15,976,807 1 Public Safety: Law Enforcement 295,962 1,232,000 41,255 -- 1,569,217 Fire Control 340,135 177,078 4,119,352 -• 4,636,565 Detention end/or Correction -- 4,474,957 -- -- 4,474,957 Protective Inspections -- 14,808 126,642 -- 141,450 Emergency as Disaster Relief Services -- 1,903 443,122 •• 445,025 Ambulance end Rescue Services -- 6,414 1,272,507 -- 1,278,921 Medical Examiner -- -- 18,673 -- 18,673 Other Public Safety -- -- 9,750 -• 9,750 Total Public Safety 636,097 5,907,160 6,031,301 •• 12,574,558 Physical Envirooment: Conservation and Resource Management -- 70,538 17,230 -- 87,768 Total Physical Enviraamnt -- 70,538 17,230 •- 87,768 Transportation: Road and Street Facilities -- 22,012 1,936,730 -- 1,958,742 Airports 1,122,400 4,344,484 300,114 •• 5,766,598 il Total transportation 1,122,400 4,366,496 2,236,844 -- 7,725,740 Economic Environment: Employment Opportunity end Development •- •• 1,398 -- 1,398 Veteran's Services -- -- 58,059 •• 58,059 Other Economic Developaent -• -• 5,521 -- 5,521 Total Economic Environment -- -• 64,978 -- 64,978 Roan Services: Noepitelt -• 34,511 167,632 •- 202,143 Nealth 10,500 223,211 484,423 -- 718,134 Welfare 8,500 391,408 398,304 -- 798,212 Total Mira, Servoces 19,000 649,130 1,050,359 •- 1,718,489 (cent trued) 1 I 95 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS SCHEDULE OF GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY — CONTINUED SEPTEMBER 30, 1989 Construction Land Buildi nos Equipment in Progress Total Culture and Recreation: Libraries 31,850 1,410,668 301,866 -• 1,744,384 Parka and Recreation 774,318 1,305,501 141,919 2,221,738 Other Culture/Recreation 8,300 -• 1,508 -- 9,808 total Culture and Recreation 814,468 2,716,169 445,293 -- 3,975,930 Construction in Progress •• -- •- 3,461,942 3,461,942 1 Total S 7,279,638 S 20,744,452 S 14,100,180 S 3,461,942 S 45,586,212 =taa=a=zeta= 1 t I 96 MONROE COUNTY, FLORIDA - HOARD OF COUNTY COMMISSIONERS I SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY SEPTEMBER 30, 1989 I I October 1, 1988 Additions Deductions ' General Government: Legislative S 61,095 S 15,173 S -- Executive 76,933 6,132 •• Financial and Administrative 3,182,920 1,164,217 11,358 Il Legal Counsel 68,131 6,012 652 Comprehensive flaming 284,395 121,352 -- Judicial 819,065 235,553 36,285 Other General Government 12,623,056 581,938 717,531 Total General Goverment 17,115,595 2,130,377 765,826 Public Safety: JI Law Enforcement 134,165 325,807 64,241 Fire Control 3,376,618 925,113 -- Detention end/or Correction 4,649,145 703,337 -- Protective Inspections 97,896 43,329 -- Emergency and Disaster Relief Services 391,444 51,139 -- Ambulance end Rescue Services 1,137,375 272,126 135,870 Medical Examiner 13,048 5,625 -- Other Public Safety 9,750 •• -- Total Public Safety 9,811,441 2,326,476 200,111 1 Physical Environment: Conservation and Resource Management 89,441 248 1,921 Total phyaltal Environment 89,441 248 1,921 Transportation: Road a d Street Facilities 1,710,5% 319,955 72,589 Airports 4,620,069 27,427 2,898 Total Transportation: 6,330,663 347,382 75,487 1 Economic Enviro. nt: Employment Opportunity and Development 1,082 316 -- Veteran's Services 49,750 2,958 1,412 Other Economic Development 12,278 •• 5,699 Total Economic Enviroraent 63,110 3,274 7,111 Human Services: Hospitals 58,395 143,748 -- Health 677,664 29,571 1,524 Helfare 831,884 5,530 32,823 Total Hunan Services 1,567,943 178,849 34,347 II I 97 Il i i Interd prtn.nt.( IITransfers September 30, II to Out 1989 $ -- i -- $ 76,268 E -• -- 83,065 173,854 454 4,509,179 -- •- 73,491 -- -- 405,747 2,396II 11,090 1,809,639 18,429 2,686,474 9,819,418 III194,679 2,698,018 15,976,807 1,173,486 -- 1,569,217 ' 401,950 67,116 4,636,565 877,525 4,474,957 225 -- 141,450 442 -- 445,025 ' 11,784 6,494 1,278,921 18,673 -- 9,750 t1,587,887 951,135 12,574,558 ' -- -- 87,768 87,768 ' 6,985 6,203 1,958,742 1,122,400 -- 5,766,998 II1,129,385 6,203 7,725,740 :: 1,398 ll 6,763 58,059 1,058 5,521 II 6,763 1,058 64,978 -- -- 202,143 II 12,423 -- 718,134 16,248 22,627 798,212 28,671 22,627 1,718,489 II (continued) II 98 MONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS SCHEDULE OF CHANGES IN GENERAL FIXED ASSETS BY FUNCTION AND ACTIVITY - CONTINUED FOR TEE FISCAL YEAR ENDED SEPTEMBER 30, 1989 October 1, 1988 Addition Deduct Ioes Culture and Recreation: Libraries 1,661,595 64,859 13,920 Parks and Recreation 1,067,487 479,332 16,587 Other Culture/Recreation -- 1,508 -- Total Culture and Recreation 2,729,082 545,699 30,507 Construction In Progress 1,495,050 2,925,351 958,459 J Total 9 ::39,202,325.2,325 S 8,457,656 S 2,073,769 I I I I I Ii Ii I 99 1 1 1 I nbrd.p.rtm.nttt inmtors Stptwbr 30, In Out 1989 31,850 -- 1,744,384 1 698,491 8,300 6,985 2,221,733 9,808 738,641 6,985 3,975,930 3,461,942 1 S 3,6E6,026- S -=3,656,026. $ 45,586,212 1 1 i 1 1 1 1 i 1 1 i 100 1 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS 1 SCHEDULE OP GENERAL LONG—TERM DEBT GENERAL LONG-TERM DEBT ACCOUNT GROUP SEPTEMBER 30, 1989 1 Mont Available and to be Provided for 1 The Peyment Of General tong-Term Debt' Mont available In Debt Service funds: 1 Refunding Iaprovesent Revenue BorcY, Series 1983 S 914,230 Improvement Rennie Bonds, Series 1988a 157,317 Isprovpeent Revenue Bonds, Series 19888 217,993 Total &cunt available In Debt Service hods 1,289,540 3 Mont to be Provided: Refudine leprovuent Revenue Bonds, Series 1983 1,060,770 laprovment Revenue Bads, Series 1988a 4,842,68E leprovement Revenue Bonds, Series 1988E 2,047,007 Capitalized Lease Obligations 403,966 Accrued Canpensated Abecenses: Annual Leave 601,664 Campenntory Tiro 38,342 Sick Leave 109,854 j Total Mount to be Provided 9,124,286 Total Mont Avsltable end to be Provided for the Payment of General Long-Term Debt S 10,413,826 te•'• General lone Term Debt Payebte ~L••` Reverse Bonds Payable: 198E Refunding leprovement Revenue BOSS $ 1,995,000 198% Iworovement Revenue Bonds 5,000,000 19888 Ieproveront Reveme Bads 2,265,000 Total Revenue Bads Payable 9,260,000 Other General Long-Ter. Debt: Capitalized Lease Obligations 403,966 Accrued Annual Lean 601,664 accrued Caepenaatory Time 38,342 Accrued Sick Lean 109,854 Total Other General Long•term Debt Payable 1,153,826 Total General Long-Term Debt Payable S 10,413,826 1 1 i 1 101 1 IMONROE COUNTY, FLORIDA - BOARD OF COUNTY COMMISSIONERS SCBEDULE OF CHANGES IN GENERAL LONG-TERN DEBT GENERAL LONG-TERM DEBT ACCOUNT GROUP IFOR YEAR ENDED SEPTEMBER 30, 1989 IBalance Balance October 1, September 30 19a8 Mani one Retirements 1989 IGeneral Long-Term Debt Payable: Revenue Bonds Payable: Refunding lnprovement Revenue Bonds, Series 1983 S 2,025,000 S -- S 30,000 S 1,995,000 Improvement Revenue Bags, Series 1988A -- 5,000,000 -- 5,000,000 Inprovenent Bea emu Bonds, Series 19888 -- 2,265,000 -- 2,265,000 Total Revenue Bonds Payable 2,025,000 7,265,000 30,000 9,260,000 I Capitalized Lease Obligations 374,716 156,698 127,448 403,966 IAccrued Conpenseted Abscenses: Annual Leave 509,107 601,664 509,107 601,664 Caipensatory Time 17,361 38,342 17,361 38,342 ISick Leave •• 109,854 •- 109,854 Total Accrued Ccopensated Abscenses 526,468 749,860 526,465 749,860 ITotal General Lang-Term Debt Payable S 2,926,184 S 8,171,558 S 683,916 S 10,413,826 I I I I I . I I I 102 I i 1 1 1 1 a j THIS PAGE INTENTIONALLY LEFT BLANK j j 37 ■ j ■ a 1 a KEMP £4 GREEN, P.A. Certified Public Accountants ' 1438 KENNEDY DRIVE P. O. BOX 1529 KEY WEST, FLORIDA 33041-1529 MEMBER OF AMERICAN INSTITUTE WM. O. KEMP, C.PA. (305) 294-2581 AND FLORIDA INSTITUTE OF MARVA E. GREEN, C.P.A. FAX # (305) 294-4778 CERTIFIED PUBLIC ACCOUNTANTS ' Mr. Danny L. Kolhage Clerk Ex Officio Board of County Commissioners Monroe County, Florida We have audited the general purpose financial statements of the Board of ' County Commissioners of Monroe County, Florida (the "Board") as of and for the year ended September 30, 1989 and have issued our report thereon dated February 28, 1990. We conducted our audit in accordance with generally accepted auditing stan- dards and Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are free of material misstatement. ' In planning and performing our audit of the general purpose financial state- ments of the Board for the year ended September 30, 1989, we considered its internal control structure in order to determine our auditing procedures for ' the purpose of expressing our opinion on the general purpose financial statements and not to provide assurance on the internal control structure. The management of the Board is responsible for establishing and maintaining ' the Internal control structure. In fulfilling this responsibility, estimates and judgements by management are required to assess the expected benefits and related costs of internal control structure policies and procedures. The ' objectives of an internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use cc disposition, and that transactions are executed ' in accordance with management's authorization and recorded properly to permit the preparation of financial statements in accordance with generally accepted accounting principles. Because of inherent limitations In any internal control structure, errors or Irregularities may nevertheless occur and not be detected. Also, projection of any evaluation of the structure to future periods is subject to the risk that the effectiveness of the design and opera- tion of policies and procedures may deteriorate. For the purpose of this report, we have classified the significant internal control structure policies and procedures in the following categories: ' . Treasury/Financing . Revenues/Cash Receipts . Expenditures/Cash Disbursements ' . External Financial Reporting -103- I For all of the control categories listed above, we obtained an understanding of the design of relevant policies and procedures and whether they have been placed In operation, and we assessed control risk. Our consideration of the internal control structure would not necessarily disclose all matters in the Internal control structure that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a reportable condition in which the design or operation of one or more of the specific internal control struture elements does not reduce to a relatively low level the risk that errors or irregularities in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. We noted no matters involving the internal control structure and its operation that we consider to be material weaknesses as defined above. ' However, we noted the following matters involving the Internal control structure and its operation that we consider to warrant management's consideration. ' MANAGEMENT COMMENTS Reported in Prior Year's Report on Internal Control and ' Management Comments, Not Implemented as of September 30, 1989 ' During the course of our current examination of the financial statements of the Board of County Commissioners, we noticed appropriate action had been taken upon recommendations and suggested accounting procedures as outlined In the ' Management Comments section of the Report on Internal Accounting Control and Management Comments for the year ended September 30, 1988, except for the following: DCA Grants - Reports pursuant to State of Florida, Department of Community Affairs ' Grants held by the Planning, Building and Zoning Department were not sub- mitted within the time specified by the grant contracts, thereby causing lack of compliance with the terms of the grant and delaying the receipt of grants funds. Reports should be submitted in a timely manner according to the terms of the grants. If it appears that compliance with the terms 's not reasonably ' possible, a formal extension of due dates should be requested and obtained. Accounts Receivable - The Municipal Service District is continuing to maintain accounts receivable balances for "tipping fees". Although procedures were imple- mented to collect deposits to cover anticipated charges, the charges exceeded the deposits in a number of accounts. Further procedures have been implemented which include the designation of ' responsibility for monitoring the sufficiency of deposits, more frequent review procedures, and more frequent adjustment of deposits. -104- I - Cash receipts relative to MSD tipping fee accounts are not recorded as cash receipts until deposited. The receipts mailed directly to the MSD office are kept in a safe until the deposits are prepared. The County policy establishing the frequency of deposits Is not being followed. As these tipping fee receipts are received, they should be recorded in a cash receipts journal which would identify the date of receipt and establish accounting control at the earliest possible moment. Deposits should be prepared and made daily in accordance with County policy. Current Year Findings Purchasing Procedures - We observed an instance in which the purchase order and approvals were obtained after services were provided. The services were billed on two seperate invoices, the billings were dated six months apart, and the ser- ' vices rendered on these invoices were relative to the same equipment and for the same description. It appears that the services may have been split to avoid competitive bidding procedures. Procedures for purchasing approval should be completed in the appropriate sequence to insure management control over expenditures. Vendors should be put on notice that they must have appropriate approval Information for any order to be valid. - We noted several instances of noncompliance with procurement procedures: ' - A contract for services was not subjected to competitive bidding procedures. - Two purchases of office equipment were made on separate purchase orders. The purchase orders were identical in every respect including date of Issuance. It appears that the purchase was split to avoid competitive bidding procedures. - Certain BRW consulting work was the subject of local newspaper coverage. Per our review of the documentation, It appears that staff complied with County purchasing procedures, but split the contract to avoid state competitive bidding requirements. In addition, we noted eleven waivers of purchasing procedures during a four ' month period by the Board in the minutes of the meetings. Procurement procedures should be enforced. If compliance with these proce- dures is Impracticable, they should be amended. ' Cash - Pursuant to Florida Statute 136.05, no bank accounts should be overdrawn. The group Insurance bank account tends to have a recurring overdraft. Insurance claims are paid from this account by a third party. The Board does not receive information as to the amount of the claims on a timely ' basis. The account should be maintained at a higher level , or the third party t should Immediately inform the Board of the amount of claims checks as they are written. -105- t Accounts Receivable - MSD extended credit to a County employee in violation of the policy which requires a deposit to cover any charges. The balance is still outstanding to date. County employees should be subject to the same policies and procedures as any other user. Procedures should be Immediately Implemented to collect these funds. MSD employees should be warned of the consequences of violating County policies. - MSD tipping fee receivables and revenues are not reconciled on a routine basis, thereby creating a situation in which errors may not be corrected on a timely basis. Reconciliations should be performed by MSD staff on a routine basis as part ' of the normal accounting procedures. - Ambulance services and MSD tipping fee accounts receivable contain numerous ' old accounts which the related departments have no expectation of collecting. All uncol lectible accounts should be submitted to the Board or other ' appropriate authority for approval to delete from the accounting records. - Each Board department with accounts receivable has developed its own pro- cedures for the collection and write off of accounts receivable. There are no written procedures which document County policies. Policies and guidelines which conform to the applicable law should be developed to provide consistent treatment for all County accounts receivable. Grants ' - Grants appear to be under the direction of the recipient department. We have noted wide variation in the quality of management, compliance proce- dures, reporting procedures and cash flow management. Grants management should be centralized to the extent practicable to insure consistency with County policies and contract requirements. - Grant funds for airport projects have not been requested on a timely basis, whether reimbursement is obtained by wire transfer or the filing of reim- bursement requests. Responsibility for this area should be assigned such that management control Is maintained over revenues, all reimbursable costs are claimed and ' cash flow is maximized. - Grants budgets were not recorded in the accounting records to conform to ' the grant contract. Matching funds were not reported correctly in airport and planning grants. All budgets should be reviewed by the appropriate level of management to ' insure compliance with the grant contract. -106- E 1 Group Insurance Reserve - The group insurance fund budget was not amended as necessary to provide for 1 an increase in the claims reserve In accordance with the Insurance con- sultant's recommendation, which recommendation has been procedure for a number of years. 1 Estimated claims should be reserved on a more frequent basis, with related budget amendments prepared as necessary to insure that the appropriate claims reserve is reflected In the accounting records. 1 Payroll - At present, many manual computations are required because of the limita- tions of the existing payroll software. Payroll software should be updated and expanded to provide for the increase 1 In volume and complexity of Board operations. OTHER REQUIRED DISCLOSURES 1 - We have reviewed the annual report filed with the Department of Banking and Finance for Monroe County, Florida pursuant to Section 218.32, Florida 1 Statutes. This report is in agreement with the annual audit report which incorporates the financial statements of the Board of County Commissioners of Monroe County, Florida. 1 - 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 met the educational requirements pursuant to Chapter 11.45, Florida 1 Statutes. This report is intended solely for the use of management and the Auditor General , State of Florida. This restriction is not intended to limit the distribution of this report which, upon acceptance by the Board of County Commissioners, is a matter of public record. 1 it should be noted that this report, by its nature, contains our comments and recommendations on deficiencies observed in the system of Internal accounting control . It does not include our observations of the many strong features of 1 the Board of County Commissioners' system of internal accounting control . The Board of County Commissioners' written statement of explanation or rebut- tal concerning our comments, Including corrective action to be taken, must be 1 filed with the State Auditor General with 30 days of the delivery of this report. 1 We wish to thank the Board of County Commissioners and staff for the courtesy and cooperation given to us during our examination. We look forward to a continued, good relationship. 1 + am ,?A- Kemp 8 Green, P.A. 1 Certified Public Accountants February 28, 1990 -107- E KEMP £3 GREEN, P.A. Certified Public Accountants 1438 KENNEDY DRIVE P. O. BOX 1529 KEY WEST, FLORIDA 33041-1529 MEMBER OF AMERICAN INSTITUTE wM. O. KEMP, CPA. (305)294.2581 AND FLORIDA INSTITUTE OF MARVA E. GREEN, C.P.A. FAX # (305) 294-4778 CERTIFIED PUBLIC ACCOUNTANTS M . Danny L. Kolhage Clerk Ex Officio Board of County Commissioners Monroe County, Florida ' We have audited the general purpose financial statements of the Board of County Commissioners of Monroe County, Florida (the "Board") for the year ended September 30, 1989, and have Issued our report thereon dated February ' 28, 1990. We conducted our audit in accordance with generally accepted auditing standards and Government Auditing Standards, Issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the general purpose financial state- ments are free of material misstatement. ' Compliance with laws, regulations, contracts and grants applicable to the Board is the responsibility of the Board's management. As part of obtaining reasonable assurance about whether the general purpose financial statements are tree of material misstatement, we performed tests of the Board's compliance with certain provisions of laws, regulations, contracts and grants. However, our objective was not to provide an opinion on overall compliance with such provisions. The results of our tests indicate that, with respect to the items tested, the ' Board complied, In all material respects, with the provisions referred to in the preceding paragraph. With respect to items not tested, nothing came to our attention that caused us to believe that the Board had not complled, in ' all material respects, with those provisions. This report is intended for the Information of the Board of County Commissioners, management and others within the Board 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. Lot.—‘0 C Kemp 8 Green, P.A. ' Certified Public Accountants February 28, 1990 1 -108- E I KEMP t3 GREEN, P.A. Certified Public Accountants 1438 KENNEDY DRIVE P. 0. BOX 1529 ` KEY WEST, FLORIDA 33041.1529 MEMBER OF AMERICAN INSTITUTE ` WM. O. KEMP, C.P.A. (305) 294-2581 AND FLORIDA INSTITUTE OF MARVA E. GREEN, C.P.A. FAX # (305) 2944778 CERTIFIED PUBLIC ACCOUNTANTS t Mr. Danny L. Kolhage Clerk Ex Officio Board of County Commissioners Monroe County, Florida We have audited the general purpose financial statements of the Board of ' County Commissioners of Monroe County, Florida (the °Board") for the year ended September 30, 1989, and have issued our report thereon dated February 28, 1990. These financial statements and the supplemental schedules discussed ' below are the responsibility of the Board's management. Our responsibility is to express an opinion on these general purpose financial statements based on our audit. ' We conducted our audit of the general purpose financial statements in accor- dance with generally accepted auditing standards and Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the general purpose financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the general purpose financial state- ' ments. An audit also Includes assessing the accounting principles used all significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a ' reasonable basis for our opinion. Our audit was made for the purpose of forming an opinion on the general pur- pose financial statements taken as a whole. The accompanying Schedules of Federal and State Financial Assistance for the year ended September 30, 1989 are presented for purposes of additional analysis and are not a required part of the general purpose financial statements. Such schedules have been ' subjected to the auditing procedures applied in our audit of the general purpose financial statements and, in our opinion, are fairly stated in all material respects when considered In relation to the general purpose financial statements taken as a whole. 42 et-Cm — :SA— ' Kemp A. Green, P.A. Certified Public Accountants February 28, 1990 L -109- f MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE FOR THE YEAR ENDED SEPTEMBER 30, 1989 1 Federal Grantor/Pass-Through Grantor Federal Program Tit Ls CFDA Number Grant ID Nutter Department of Agriculture Direct Program: Division of Forestry Grant 10.664 87-88-001 Division of Forestry Grant 10.664 1B-760 Passed through State Department of Health and Rehabilitative Services: Food Distribution 198E 10.56E 19-760 Total Department National Oceanic and Atmospheric Administration Passed through Department of Enviranantal Regulation: Beach Access 11.419 0N236 Total Deportment Department of Health and Nun Service I Passed through State Deportment of Health and Rehabilitative Services and Dade 8 Monroe Counties Are Agency on Aging: Transportation Ill-B 1988 13.633 88-1-887 Transportation III-9 1989 13.633 KG851 Nutrition C-I 1987 13.635 87.2.878 Nutrition C-I 1988 13.635 88-2-878 Nutrition C-I 1989 13.635 KG851 Nutrition C•11 1988 13.635 88-3-878 Nutrition C-lI 1989 13.635 KG851 Nomrkers III•D 1988 13.641 88.3487 Ncaaaakers III-D 1989 13.641 KG851 Passed through State Department of Community Affairs: Coemnity Services Black Grant Grace Jones 13.792 8948-54.11-54.01.055 Cmmnity Services Trust Fund/MARC Noun 13.792 8856-79-11.54.01.070 Total Department I I 110 1 L Matching I Contributionssrd Miscel Balances Cash Misee lleneous October 1, 1988 Receipts Revenues Expenditures Refunds Septe funtle September 30, 1989 1 E $ 2,011 S 2,011 f -- $ $ S 2,100 4,304 6,404 -- I3,064 3,064 -- -- -- -- 5,075 7,175 4,304 6,404 •- -• I 1 -- -- -- 35,400 -- 35,400 I -- -• -• 35,400 -- 35,400 I I3,129 35,410 9,278 41,559 -- -- •• 106,126 24,490 121,623 •- (8,993) (23) -• -- a •- -- I 7,921 45,895 28,584 66,558 -- -- 87,477 47,373 139,672 4,822 8,133 15,563 11,845 19,275 -- -- -• 53,605 25,950 82,837 -- 3,282 1 14,946 1,661 16,607 -- -- 10,289 1,167 70,348 (1,108) ' -- 3,242 -• 3,242 •• •- 3,241 3,241 •- -• -- •- 22,401 375,794 150,348 501,744 -- (1,997) (continued) ' the notes to the financial statements are an integral part of these statements. I I 111 I MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE, CONTINUED FOR THE YEAR ENDED SEPTEMBER 30, 1989 Federal Grantor/Pass-Through Grantor Federal Program Title CFDA Number Grant ID Muter Department of Rousing and Urban Development Direct Program: Housing Authority - RID Grant 14.174 R85-KG-12-0236 Rousing Authority - MD Grant 14.174 R86-RG-12-0236 Housing Authority - KO Grant 14.174 R88-HG•12.0236 Passed through State Department of Commnity Affairs: Cammunity Development Block Grant 14.219 88DB-12-11-54-01-R10 Total Department Deportment of the Interior Direct Program: Traffic Enforcement Officer 15.612 14.16-0004.88.915 Traffic Enforcement officer 15.612 14.15.0004.89-920 Passed through State Department of Natural Resource Big Pine Key Recreation Development 15.916 12-00291 Total Department Deportment of Justice 3 Passed through State Department of Camtnity Affairs: Clerk Information Systems 16.574 87CJ-78.11-54-01.301 Clerk Information Systems CJIS•II 16.574 88CJ-3E-11-54-01.303 Monroe County Jail Overcrowding 16.560 88CJ-3E•11.54-01-205 Totem Department Department of Labor Passed through National Council on the Aging, Inc.: Senior Community Service Project 1988 17.235 99-7-0483.11.206-02-12 Senior Community Service Project 1989 17.235 99-8-0483-11-072-02-12 Senior Cmmlty Service Project 1990 17.235 99-9-0483.11.028-02-12 Passed through South Florida Employment and Training Consortiums JTPA Intake EST 17.250 2•PT'88.69-00 JTPA intake EST 17.250 2-PT'89-09-00 Job Training Partnership Act 1988 17.250 2•PT'87-6-00 Job Training Partnership Act 1989 17.250 2-PT'88-6-00 Job Training Partnership Act 1990 17.250 2-PT,89-42-00 112 II E III TOTAL • MEMORANDUM ONLY Var luxe Favorable ' Budget Actual (Unfavorable) S 37,237,850 $ 37,938,385 S 700,535 II 1,187,320 2,052,940 14,305,763 865,620 15,150,045 (844,282) 2,685,985 3,405,134 719,149 1,310,099 1,856,971 546,872 II 1,398,063 3,558,290 2,160,227 489,564 495,063 5,499 59,458,926 63,612,546 4,153,620 II I 16,373,122 15,389,423 983,699 23,906,738 22,636,029 1,270,709 264,300 240,970 23,330 11,371,757 6,426,753 4,945,004 II 8,629,386 5,066,351 3,563,075 6,376,582 4,783,859 1,592,723 2,691,529 2,342,247 349,282 II 8,849,439 726,170 1,144,368 8,849,439 1,909,572 6,939,867 80,333,391 59,521,374 20,812,017 ' (20,874,665) 4,091,172 24,965,637 ' (1,795,580) -- 1,795,580 2,139,891 2,080,490 (59,401) (2,048,990) (2,048,990) -- ' 156,698 156,698 -- 399,000 7,091,567 7, (399,000)060,770 (30,797) ' 5,942,586 7,248,968 1,306,382 (14,931,879) 11,340,140 26,272,019 II 125,000 125,000 -- ' (14,806,879) 11,465,140 26,272,019 29,842,973 29,842,973 -- II $ 15,036,094 $ 41,308,113 S 26,272,019 The notes to the financial statements are an integral part of these statements. ■■ 113 1 MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS ' SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE: CONTINUED FOR THE TEAR ENDED SEPTEMBER 30, 1989 I Federal Grantor/Pass•Through Grantor Federal ' Program Title CFDA Leber Grant ID Number Department of Labor (continued) I Passed through South Florida EnPloyment and Training Consortium: Monroe County Job Placement 1988 Title IIA 17.250 2-PY187-54-00 Monroe County Job Placement 1989 Title IIA 17.250 2-PY'88.54.00 Monroe County Job Placement 1990 Title IIA 17.250 2-PT'89-08.00 Sumer Youth Egloynent 89.5.18.01 SFETC-Title I 1-PY189.15.00 Total Department Department of Transportation I Direct Program: Marathon AIP-06 Noise Study 20.106 3-12-0044-06 Marathon AIP-07 Beacon a Tower 20.106 3.12.0044.07 Marathon AIP-07 East Apron 20.106 3-12-0044-07 Marathon ATP-07 West Apron 20.106 3.12-0044-07 Marathon AIP-07 Safety Owerrun 20.106 3-12-0044-07 Marathon AIP-04 Master Plan 20.106 3-12-0044-04 Key Nest AIP-03 Noise Study 20.106 3-12-0037-03 Key West AIP•02 Master Plan 20.106 3-12-0037-02 Key West AIP-04 Apron Expansion 20.106 3-12-0037-04 Key West AIP-05 CFR Equipment 20.106 3-12-0037-05 Key West AIP-05 Security Gate 20.106 3-12-0037-05 Key West AIP-05 Postman 20.106 3-12-0037-05 1 Total Department Federal Emergency Management Agency I Passed through State Department of Caaanity Affairs: Civil Defense Emergency Management 83.503 89-01-16.11.54.10.039 Radiological Emergency Preparedness 1988 83.505 88-EM-06.11.54.10.002 Radiological Emergency Preparedness 1989 83.505 89-EM•31-11.54-10.002 Total Department I Department of Eduaatien Passed through State Department of Stet*: Library/Literacy 1988 84.167 -- Library Service Through Technology 84.167 -- Total Department I 114 I E E Notching Contributions end Balances Cash Mlen ll eneous Balances October 1, 1988 Receipts Revenues Expenditure. Refunds September 30, 1989 I E2,246 2,246 -- -- -- .. 185 30,155 -- 12,046 -- (17,924) •• 3,372 -- 6,909 -- 3,537 ' -- 17,840 -: 19,559 1,719 -- 3,801 3,801 II58,970 327,914 -- 287,641 -- 18,697 ' 55,183 63,422 3,135 31,353 -- 19,979 -• 541 5,413 -- 4,872 -- 247 2,467 -- 2,220 268,135 36,501 365,014 60,378 38,807 20,576 205,758 146,375 -- 3,496 388 3,884 -- -- ' 55,615 65,443 2,735 27,350 14,787 19,001 150 1,500 20,351 1,432,737 160,387 1,603,868 10,694 -. 1,660 16,597 -- 14,937 ' .. -- 134,955 1,925 14,995 7,700 -- .. 5,775 149,950 129,799 2,007,045 243,240 2,420,854 -- 300,368 1 II -• 22,446 -- 22,446 -- .. (8,405) -- -. -- 8,405 -- ' -- 100,759 -• 78,307 -- (22,452) (8,405) 123,205 •- 100,753 8,405 (22,452) II t _ 4,304 4,304 -- -- -- -. 6,556 6,556 ' 4,304 10,860 -- 6,556 -- -- (continued) ! The notes to the financial statements are en integral part of these statements. f 115 i MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS I SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE, CONTINUED FOR THE YEAR ENDED SEPTEMBER 30, 1989 I federal Grantor/Pass-Through Grantor Federal I Program Title CFDA amber Grant ID Number Deportment of Treasury I Direct Program: Federal Revenue Sharing: Entitlement 017 21.300 10-1-044.044 Total Deportment Total Federal Financial Assistance I I I I I I I I I I I i 116 I i I Retching Contributions and Balances Cash Miscellaneous Balances September October 1, 1988 ReReceiptsRevenues Expenditures Refunds 30, 1989 1 (90,470) •- 10,108 •- -- (100,578) (90,470) -- 10,108 •- -- (100,578) $ 156,320 S 3,541,285 S 602,323 $ 4,212,247 S 8,405 S 233,364 The rotes to the financial statements are an integral part of these statements. ti "::z:.,=.:: t 1 1 1 E 11.7 i MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS SCHEDULE OF STATE FINANCIAL ASSISTANCE FOR THE YEAR ENDED SEPTEMBER 30, 1989 1 Federal Grantor/Pass-Through Grantor Program Title Grant ID Number Florida Department of Health and RMabi Ntatlya Services Direct Program: Cmmu,ity Care for Disabled Adults 1988 KG-707 Camanity Care for Disabled Adults 1989 KG-812 Ccamunity Care for Disabled Adults 1990 KG-049 Community Care for Disabled Adults, Meals 1988 KG•706 Emergency Medical Service Trust LC-855 ENS County Award 1988 LCNDJ ENS Matching Grant LCNCF ENS Matching Grant LPN33 J Pass through Dade & Monroe Counties Area Agency on Aging: Community Care for Elderly 1988 88-5-878 Camsnity Care for Marty 1989 KG-852, 89.5-878 Camanity Care for Elderly 1990 KG852 Total Department Florida Department of Law Enforomaant Direct Program: I State Crime Lab - Medical Examiner 1989 - Total Department j Florida Department of Community Affairs Direct Program: Solid waste Study 878R•40-11.54-01-016 Land Use Plan laplamentation 87SR-40-11-54-01.003 Habitat Conservation Plan-North Key Largo ISSP•23.11-54.01.010 Clerk of Circuit Court-CJIS Maintenance - Clerk Information Systems CJIS•11 88CJ•3E-11-54-01-303 Clerk Information System 87CJ-71-II.54-01.301 State Court Grant In Aid FL Hazardous Materials Emergency Rpsonam 89EN-26-11-54-22-038 Total Department j i 118 IL I Matching Contributions and IL Balances Cash Miscellaneous Mantes October 1, 1988 Receipts Revenues Expenditures Refunds September 30, 1989 I E $ 23 S 23 S -- S -- $ -- S -- 22,774 114,194 13,709 104,355 -. (774) -- 9,402 3,598 31,115 -- 18,115 ' 30 .. 30 .. .. .. .. (571) (571) (735) -- .. -- .. (735) ' 61,519 49,057 110,576 -- -- 117,928 84,247 144,037 (58,138) I29,566 29,566 -- -- .. -- (15,300) 343,726 33,026 434,313 -- 42,261 -- 168,243 23,278 145,329 - (46,192) ' 35,787 844,631 206,915 969,725 -- (46,034) I •- 22,236 -. 22,236 -- -- ' 9,849 9,849 -- -- -- 32,085 -- 32,085 -- -- II 184,995 -- -- -- -- 184,995 ' (40,995) 99,000 -- 170,778 .. .. 30,783 45,000 45,000 .. 5,040 -- 5,040 -- -. -- (128) --4 86 -. (86) ,037 30,459 -- (34,490)86 128 -. -- -- 6,101 -- 6,101 -- -- II143,872 159,172 30,545 227,047 -- 181,202 ' The notes to the financial statement, are an integral part of these statements. (continued) 1 II 119 I MONROE COUNTY, FLORIDA — BOARD OF COUNTY COMMISSIONERS SCHEDULE OF STATE FINANCIAL ASSISTANCE, CONTINUED FOR THE YEAR ENDED SEPTEMBER 30, 1989 federal Grantor/Pass-Through Grantor Program Title Grant IO nadMr Department of Natural Resource. Direct Program: Lower Keys Reef Moorings C4719 Sum ertand Key L Keep Channel C5687 Cow Key L Lakes Charnel Marker Repairs C5203 Key Largo Bibb L Dunn Artificial Reef C5085 Simonton Street Boaters Park C5072 Big Pine Shoal Modular Artificial Reef C4772 Tavernier Creek C5566 Total Department Florida Department of State Direct Program: State Aid to Libraries • Total Department Florida Department of Environantal Regulation Direct Program: Used Ofl Recycling U58 Waste Tire Solid Waste WT89-33 Solid Waste & Recycling RE89.42 Total Department I Rorld. Department of Tranapor.tlan Direct Program: Key West AIP-02 Master Plan - Key West AIP-03 Noise Study • Kay West AIP•04 Apron Expansion - Key Wet AIP-OS Terminal Rotroam - Key Vest AIP-OS CFR Equipment - Key West AIP•06 Beacon L Tower Marathon AIP-04 Master Plan - Marathon AIP-06 Noise Study - Marathon AIP•07 Beacon & Tower - Marathon AIP-07 East Apron • Marathon AIP-07 West Apron • Marathon AIP-07 Safety Overrun - Marathon AIP•08 Safety fence Gates Total Department Total State Financial Assistance 120 1 II E Matching Contributions and IL Balances Cash Miscellaneous BalancesSepte October 1, 1968 RaReceiptsRevenue Ffpendl turns Refunds Balances 30, 1989 L -• 22,720 -- 22,720 -. -- E -- -- 17,267 -- 17,267 ` 6,402 6,402 -- 20,000 20,000 -- -- -- -- 50,000 100,000 -- 50,000 -- -- ' --18,173 18,173 -- -- -- 4,124 4,124 II94,575 167,295 -- 94,111 -- 21,391 ' •- 63,679 -- 63,679 -- -- ' 63,679 63,679 -- -- II -- 5,000 -- -- -- (5,000) -- 3,770 .. 3,770 •. .. II -- 138,572 -- 83,269 -- (55,303) -- 147,342 -- 87,039 -- (60,303) II -- -- -- 3,437 -- 3,437 ' 3,090 1,367 2,735 -- 4,458 80,193 160,387 80,194 -- -- 7,497 14,995 -- 7,498 -- -- -. 1,162 1,660 -- -. 498 5,525 5,525 194 386 -- 194 -- -- 1,568 3,135 -- 1,567 ' -- _: 325 541 -. 216 173 247 74 -- -- 18,251 36,501 -- 18,250 -• -- 14,403 20,576 -- 6,173 I .- •- 12,060 12,060 -- -- 3,090 -- 142,718 262,187 -- 122,559 ' S 277,324 S 1,414,204 $ 380,178 S 1,735,873 S -- f 218,815 The notes to the financial statements are an integral part of these statements. II 121 C I I I I I I I THIS PAGE INTENTIONALLY LEFT BLANK I I I I I I I I I I I I MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS NOTES TO SCHEDULES OF FEDERAL AND STATE FINANCIAL ASSISTANCE SEPTEMBER 30, 1989 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: The accounting policies and the presentation of the Single Audit report of the Board of County Commissioners of Monroe County, Florida have been designed to conform to generally accepted accounting principles as appli- cable to governmental units, Including the reporting and compliance requirements of the Single Audit Act of 1984 and Office of Management and ' Budget Circular A-128, Audits of State and Local Governments (A-128) . Reporting Entity - The Single Audit Act of 1984 and A-128 set forth the audit and reporting requirements for federal financial assistance. The Board has Included schedules of both federal and state financial assistance in the Single Audit section. Financial assistance received directly from the State of Florida 1s included to satisfy the audit requirements of the State of Florida grantor agencies. Basis of Accounting. - Basis of accounting refers to when revenues and ' expenditures or expenses are recognized in the accounts and reported in the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied. ' The modified accrual basis of accounting is followed In the Schedules of Federal and State Financial Assistance. Under the modified accrual basis of accounting, revenues are recognized in the accounting period In ' which they become both measurable and available to finance expenditures of the current period. Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the ' current period. Expenditures are recorded when the related liability is Incurred. In applying the susceptible-to-accrual concept to intergovern- mental revenues, the legal and contractual requirements of the numerous individual programs are used as guidance. There are, however, essentially two types of these revenues. In one, monies must be expended on the specific purpose or project before any amounts will be paid to the Board; therefore, revenues are recognized based upon the expenditures recorded. In the other, monies are irrevocable; I .e., revocable only for failure to comply with prescribed compliance requirements, such as with equal employment opportunity. These resources are reflected as revenues at the time of receipt or earlier If they meet the availability criteria. NOTE 2 - CONTINGENCIES ' Grant monies received and disbursed by the Board are for specific purposes and are subject to review by the grantor agencies. Such audits may result in requests for reimbursement due to disallowed expenditures. Based upon prior experience, the Board does not believe that such disallowances, if any, would have a material effect on the financial position of the Board. As of February 28, 1990 there were no material questioned or disallowed costs as a result of grant audits in process or completed. -122- i I I I I I I I THIS PAGE INTENTIONALLY LEFT BLANK I I I I I I i I I I I I KEMP Zi GREEN. P.A. Certified Public Accountants 1438 KENNEDY DRIVE ` P. O. BOX 1529 KEY WEST, FLORIDA 3 3041-1 5 2 9 MEMBER OF AMERICAN INSTITUTE WM. O. KEMP, CPA. (305)294-2581 AND FLORIDA INSTITUTE OF ■r[ MARVA E. GREEN, C.P.A. FAX # (305) 294.4778 CERTIFIED PUBLIC ACCOUNTANTS Mr. Danny L. Kolhage Clerk Ex Officio Board of County Commissioners Monroe County, Florida We have applied procedures to test the Board of County Commissioners of Monroe County, Florida's (the "Board") compliance with the following requirements applicable to each of its major federal financial assistance programs, which are idenentifled in the schedule of federal financial assistance, for the year ended September 30, 1989: . Political Activity . Davis-Bacon Act • Civil Rights . Cash Management Federal Financial Reports Our procedures were limited to the applicable procedures described in the ' Office of Management and Budget's Compliance Supplement for Single Audits of State and Local Governments. Our procedures were substantially less In scope than an audit, the objective of which is the expression of an opinion of the Board's compliance with the requirements listed In the preceding paragraph. Accordingly, we do not express such an opinion. With respect to the items tested, the results of those procedures disclosed no material instances of nonccmpliance with the requirements listed in the first paragraph of this report. With respect to items not tested, nothing came to our attention that caused us to believe that the Board had not complied, in all material respects, with those requirements. This report is solely for the Information of the Board of County Commissioners, management and others within the Board, and officials of applicable federal and state agencies. This restriction is not Intended to limit the distribu- tion of this report, which is a matter of public record. L4-G7..-04 , ?A- Kemp 8 Green, P.A. ' Certified Public Accoutants February 28, 1990 I -123- Li KEMP 1.1 GREEN, P.A. Certified Public Accountants [. 1438 KENNEDY DRIVE ` P. O. BOX 1529 KEY WEST, FLORIDA 3 3041-1 5 29 MEMBER OF AMERICAN INSTITUTE WM. O. KEMP, CPA. (305) 294.2581 AND FLORIDA INSTITUTE OF MARVA E. GREEN, C.P.A. FAX # (305) 294.4778 CERTIFIED PUBLIC ACCOUNTANTS M-. Danny L. Kolhage Clerk Ex Officio Board of County Commissioners Monroe County, Florida We have audited the Board of County Commissioners of Monroe County, Florida's (the "Board") compliance with the requirements governing types of services allowed or unallowed; eligibility; matching, level of effort or earmarking; reporting; claims for advances and reimbursements; and amounts claimed or used for matching that are applicable to each of Its major federal financial assistance programs, which are identified in the schedule of federal financial assistance, for the year ended September 30, 1989. The management of the Board is responsible for the Board's compliance with those requirements. Our r responsibility is to express an opinion on compliance with those requirements ■E based on our audit. We conducted our audit In accordance with generally accepted auditing stan- dards, Government Auditing Standards, issued by the Comptroller General of the United States, and OMB Circular A-128, "Audits of State and Local Governments". Those standards and OMB Circular A-128 require that we plan ' and perform the audit to obtain reasonable assurance about whether material noncompliance with the requirements referred to above occured. An audit includes examining, on a test basis, evidence about the Board's compliance 1 with those requirements. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the Board complied, In all material respects, with the requirements governing types of services allowed or unallowed; eligibility; matching, level of effort or earmarking; reporting; claims for advances and reimbursements; and amounts claimed or used for matching that are applicable to each of its major federal financial assistance programs for the year ended September 30, 1989. ' In connection with our audit of the 1989 general purpose financial statements of the Board and with our study and evaluation of the Board's internal control systems used to administer federal financial assistance programs, as required by the Office of Management and Budget Circular A-128 "Audits of State and Local Governments", we selected certain transactions applicable to certain non- maj o• federal and state financial assistance programs for the year ended September 30, 1989. As required by OMB Circular A-128, we have performed t auditing procedures to test compliance with the requirements governing types of services allowed or unallowed and eligibility that are applicable to those transactions. Our procedures were substantially less in scope than an audit, the objective of which is the expression of an opinion on the Board's compliance with these requirements. Accordingly, we do not express such an opinion. -124- With respect to the items tested, the results of those procedures disclosed no instances of noncompliance with the requirements listed in the preceding paragraph. With respect to Items not tested, nothing came to our attention that caused us to believe that the Board had not complied, in all material respects with those requirements. This report is intended for the Information of the Board of County Commissioners, management and others within the Board 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 8 Green, P.A. Certified Public Accountants 1 February 28, 1990 i L L 1 1 i 1 1 1 i 1 L -125- i ` KEMP E4 GREEN, P.A. Certif led Public Accountants 1438 KENNEDY DRIVE P. O. BOX 1529 KEY WEST, FLORIDA 33041-1529 MEMBER OF AMERICAN INSTITUTE WM. O. KEMP, C.P.A. (305) 294-2581 AND FLORIDA INSTITUTE OF EMARVA E. GREEN, C.P.A. FAX # (305) 294.4778 CERTIFIED PUBLIC ACCOUNTANTS Mr. Danny L. Kolhage Clerk Ex Officio R Board of County Commissioners fi Monroe County, Florida We have audited the general purpose financial statements of the Board of County Commissioners of Monroe County, Florida (the "Board") as of and for the year ended September 30, 1989 and have issued our report thereon dated February 28, 1990. As part of our audit, we made a study and evaluation of the internal control systems, including applicable internal administrative controls, used In administering federal financial assistance programs to the extent we considered necessary to evaluate the systems as required by generally accepted auditing standards, Government Auditing Standards, issued by the Comptroller General of the United States, the Single Audit Act of 1984, and the provisions of Office of Management and Budget Circular A-128, "Audits of State and Local Governments". For the purpose of this report we have classified the significant internal accounting and administrative controls used in administering federal financial assistance programs in the following ■ categories: i Cycles of the Entity's Activity ▪ Treasury/Financing Revenues/Receipts • Purchases/Disbursements ■ . External Financial Reporting ■ Controls Used In Administering Individual Federal Financial Assistance Programs General Requirements • Political Activity • Davis-Bacon Act Cash Managment • Federal Financial Reports ' Specific Requirements • Types of Services . Eligibility ' . Matching Level of Effort . Reporting • Cost Allocation . Special Requirements, if any -126- i L The management of the Board Is responsible for establishing and maintaining the internal control systems used in administering federal financial assistance programs. In fulfilling that responsibility, estimates and judgements by management are required to assess the expected benefits and related costs of E control procedures. The objectives of Internal control systems used in administering federal financial assistance programs are to provide management with reasonable, but not absolute, assurance that, with respect to federal financial assistance programs, resource use is consistent with laws, regula- tions, and policies; resources are safeguarded against waste, loss, and ` misuse; and reliable data are obtained, maintained and fairly disclosed in reports. LBecause of inherent limitations In any system of internal accounting and administrative controls used in administering federal financial assistance programs, errors or irregularities may nevertheless occur and not be detected. Also, projection of any evaluation of the systems to future periods is subject to the risk that procedures may become Inadequate because of changes in con- ditions or that the degree of compliance with the procedures may deteriorate. Our study included all of the applicable control categories listed above. During the year ended September 30, 1989 the Board expended 61 percent of its total federal financial assistance under major federal financial assistance programs. With respect to internal control systems used in administering major federal financial assistance programs, our study and evaluation included considering the types of errors and irregularities that could occur, deter- mining the internal control procedures that should prevent or detect such errors and irregularities, determining whether the necessary procedures are prescribed and are being followed satisfactorily, and evaluating any weaknesses. With respect to the internal control systems used solely in administering the nonmajor federal financial assistance programs of the Board, our study and evaluation was limited to a preliminary review of the systems to obtain an understanding of the control environment and the flow of transactions through the accounting system. Our study and evaluation of the internal control systems used solely In administering the nonmajor federal financial assistance ' programs of the Board did not extend beyond this preliminary review phase. Our study and evaluation was more limited than would be necessary to express ' an opinion on the internal control systems used in administering the federal financial assistance programs of the Board. Accordingly, we do not express an opinion on the internal control systems used In administering the federal ' financial assistance programs of the Board. Further, we do not express an opinion on the internal control systems used In administering the major federal financial assistance programs of the Board. ' Also, our audit, made in accordance with the standards mentioned above, would not necessarily disclose material weaknesses In the internal control systems used solely in administering nonmajor federal financial assistance programs. ' However, our study and evaluation and our audit disclosed no condition that we believe to be a material weakness In relation to a federal financial ■i assistance program of the Board. ■ -127- I 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 8 Green, P.A. Certified Public Accountants February 28, 1990 I C i L i 1 I i i i E� -128- L MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR THE YEAR ENDED SEPTEMBER 30, 1989 ■` During the course of our procedures to test compliance with the requirements of federal financial assistance programs, we noted that appropriate action had been taken to resolve the findings and questioned costs identified for the year ended September 30, 1988. There were no findings or questioned costs for the year ended September 30, 1989. E L L i I E L i t L f� -129- L