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CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
GENERAL FUND
COMPARATIVE BALANCE SHEETS
AS OF DECEMBER 31, 2002 AND 2001
ASSETS:
CURRENT ASSETS:
CASH AND CASH EQUIVALENTS $ 12,497,920 $ 16,154,833
INVESTMENTS 2,017,500
RECEIVABLES:
TAXES 368,161 358,867
CUSTOMER ACCOUNTS 10,945 10,763
OTHER RECEIVABLES 914,769 1,176,861
INTERFUND RECEIVABLE 154,000
DUE FROM OTHER GOVERNMENTAL UNITS 1
LIABILITIES AND FUND BALANCES:
LIABILITIES:
CURRENT LIABILITIES:
CURRENT PAYABLES $ 1,126,079 $ 1,120,948
CUSTOMER DEPOSITS 223,874 116,206
OTHER LIABILITIES PAYABLE 1,042
DEFERRED REVENUE 553,715
DEFERRED CREDITS 74
FUND BALANCE:
RESERVED FOR PETTY CASH 6,025 6,025
RESERVED FOR CONTRIBUTIONS 12,718
UNRESERVED:
DESIGNATED FOR RETIREMENTS 587,600 574,315
UNDESIGNATED 15,082,927 16,686,269
Page 69
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
FOR THE FISCAL YEARS ENDED DECEMBER 31, 2002 AND 2001
REVENUES:
TAXES $ 31,295,717 $ 32,812,677
LICENSES AND PERMITS 973,410 1,120,433
INTERGOVERNMENTAL 2,046,809 2,059,441
CHARGES FOR SERVICES 1 ,409,783 1,502,199
FINES AND FORFEITS 763,839 623,427
MISCELLANEOUS 682,470 1,101,953
TOTAL REVENUES 37,172,028 39,220,130
EXPENDITURES:
CURRENT:
GENERAL GOVERNMENT 5,342,269 4,480,244
SECURITY OF PERSONS AND PROPERTY 21,438,580 20,388,855
PHYSICAL ENVIRONMENT 2,368,407 2,386,732
TRANSPORTATION 1,716,086 1,501,268
ECONOMIC ENVIRONMENT 1,191,555 904,536
MENTAL & PHYSICAL HEALTH 490,999 420,440
CULTURE AND RECREATION 3,668,703 3,574,639
TOTAL EXPENDITURES 36,216,599 33,656,714
EXCESS REVENUE OVER EXPENDITURES 955,429 5,563,416
OTHER FINANCING SOURCES (USES):
SALE OF GENERAL FIXED ASSETS 3,570
OPERATING TRANSFERS-IN 848,941 797,783
OPERATING TRANSFER-OUT (3,400,715) (4,267,254)
TOTAL OTHER FINANCING SOURCES (2,548,204) (3,469,471)
EXCESS (DEFICIENCY) OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER) EXPENDITURES
AND OTHER FINANCING USES (1,592,775) 2,093,945
FUND BALANCES AT BEGINNING OF YEAR 17,279,327 15,288,352
RESIDUAL EQUITY TRANSFERS-IN (OUT) (10,000) (102,970)
Page 70
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
FOR THE FISCAL YEARS ENDED DECEMBER 31, 2002 AND 2001
Page 1 of 2
REVENUES:
TAXES:
GENERAL PROPERTY TAXES $ 11,198,840 $ 11,673,805 $ 474,965 $11,016,171
SALES AND USE TAXES 12,725,000 13,568,518 843,518 13,467,184
INTERFUND TAXES 1,013,200 1,078,845 65,645 1,016,366
BUSINESS TAXES 4,153,600 4,193,983 40,383 6,143,060
EXCISE TAXES 841,500 780,566 (60,934) 1,169,896
LICENSES AND PERMITS 940,700 973,410 32,710 1,120,433
INTERGOVERNMENTAL 1,828,925 2,046,809 217,884 2,059,441
CHARGES FOR SERVICES 1,457,500 1,409,783 (47,717) 1,502,199
FINES AND FORFEITS 590,300 763,839 173,539 623,427
MISCELLANEOUS 737,650 682,470 (55,180) 1,101,953
TOTAL REVENUES 35,487,215 37,172,028 1,684,813 39,220,130
EXPENDITURES:
CURRENT:
GENERAL GOVERNMENT:
MAYOR AND COUNCIL 405,000 355,111 49,889 258,279
PERSONNEL 2,140,900 1,766,631 374,269 1,420,590
FI NANCE 2,376,500 1,943,182 433,318 1,923,006
CITY ATTORNEY 1,581,025 1,277,345 303,680 878,369
TOTAL GENERAL GOVERNMENT 6,503,425 5,342,269 1,161,156 4,480,244
SECURITY OF PERSONS AND PROPERTY:
POLICE 13,067,250 12,222,556 844,694 11,609,742
FIRE 8,338,200 7,863,376 474,824 7,517,310
PUBLIC WORKS 1,645,770 1,352,648 293,122 1,261,803
PHYSICAL ENVIRONMENT:
PUBLIC WORKS 2,791,320 2,368,407 422,913 2,386,732
TOTAL PHYSICAL ENVIRONMENT 2,791 ,320 2,368,407 422,913 2,386,732
TRANSPORTATION:
STREET 1,867,300 1,716,086 151,214 1,501,268
TOTAL TRANSPORTATION 1,867,300 1,716,086 151,214 1 ,501,268
ECONOMIC ENVIRONMENT:
PLANNING & COMM DEVELOPMENT 1,942,000 1,191,555 750,445 904,536
TOTAL ECONOMIC ENVIRONMENT 1,942,000 1,191,555 750,445 904,536
"continued"
Page 71
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
FOR THE FISCAL YEARS ENDED DECEMBER 31, 2002 AND 2001
Page 2 of 2
MENTAL & PHYSICAL HEALTH:
PLANNING & COMM DEVELOPMENT 503,800 490,999 12,801 420,440
TOTAL MENTAL & PHYSICAL HEALTH 503,800 490,999 12,801 420,440
CULTURE AND RECREATION:
PARKS AND RECREATION 4,446,145 3,668,703 777,442 3,574,639
TOTAL CULTURE AND RECREATION 4,446,145 3,668,703 777,442 3,574,639
TOTAL EXPENDITURES 41,105,210 36,216,599 4,888,611 33,656,714
EXCESS REVENUE OVER EXPENDITURES (5,617,995) 955,429 6,573,424 5,563,416
OTHER FINANCING SOURCES(USES):
SALE OF GENERAL FIXED ASSETS 3,570 3,570
OPERATING TRANSFERS-IN 833,080 848,941 15,861 797,783
OPERATING TRANSFERS-(OUT) (3,461 ,915) (3,400,715) 61,200 (4,267,254)
TOTAL OTHER FINANCING SOURCES(USES) (2,628,835) (2,548,204) 80,631 (3,469,471 )
EXCESS (DEFICIENCY) OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER) EXPENDITURES
AND OTHER FINANCING USES (8,246,830) (1,592,775) 6,654,055 2,093,945
FUND BALANCES AT BEGINNING OF YEAR 17,279,327 17,279,327 15,288,352
RESIDUAL EQUITY TRANSFERS-IN (OUT) (10,000) (10,000) (102,970)
FUND BALANCES AT END OF YEAR $ 9,022,497 $15,676,552 $ 6,654,055 $ 17,279,327
Page 72
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 73
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
SPEC~LREVENUEFUNDS
COMBINING BALANCE SHEET
AS OF DECEMBER 31,2002
WITH COMPARATIVE TOTALS FOR DECEMBER 31,2001
Page 1 of 2
ASSETS:
CURRENT ASSETS:
CASH AND CASH EQUIVALENTS $ 2,405,516 $ 51 ,254 $ 87,654 $ 54,250 $ 26,842
INVESTMENTS
RECEIVABLES:
TAXES
SPECIAL ASSESSMENTS:
DELINQUENT
ACCRUED INTEREST
DUE FROM OTHER GOVERNMENTAL UNITS 1,086,314 3,000
LIABILITIES AND FUND BALANCES:
LIABILITIES:
CURRENT LIABILITIES:
CURRENT PAYABLES $ 1,474,359 $ 4,775 $ 13,356 $ $ 17,205
INTERFUND PAYABLE
DUE TO OTHER GOVERNMENTAL UNITS
OTHER LIABILITIES PAYABLE
DEFERRED REVENUE 6,706
FUND BALANCES:
FUND BALANCE:
UNRESERVED:
DESIGNATED FOR MITIGATION
UNDESIGNATED 2,017,471 46,479 74,298 54,250 5,931
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CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 2 of 2
$ 14,805 $ 101,822 $ 2,242,573 $ 58,029 $ 1,296,399 $ 6,339,144 $ 5,913,332
2,018,640 2,018,640
938 938 1,093
44,791
2,149
1,089,314 2,685,492
$ 14,805 $ 101,822 $ 4,261,213 $ 58,967 $ 1,296,399 $ 9,448,036 $ 8,646,857
$ 2,143 $ 7,918 $ $ $ 207,281 $ 1,727,037 $ 497,052
154,000
2,500 2,500
19,224
938 7,644 56,161
2,143 7,918 938 209,781 1,737,181 726,437
12,662
93,904
4,261,213
58,029
984,659
101,959
984,659
6,726,196
994,803
6,925,617
Page 75
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
ALL SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
Page 1 of 2
REVENUES:
TAXES:
GENERAL PROPERTY TAXES
BUSINESS IMPROVEMENT AREA TAXES
HOTEL/MOTEL EXCISE TAX
INTERGOVERNMENTAL
CHARGES FOR SERVICES
MISCELLANEOUS
$ $ $ $ $
48,971
654,861 6,059,006
61 ,924
35,331 462 38,710
44,135
944
EXPENDITURES:
CURRENT:
SECURITY OF PERSONS & PROPERTY
TRANSPORTATION
ECONOMIC ENVIRONMENT
CULTURAL AND RECREATION
47,753
56,675
7,522,137
5,475
EXCESS REVENUE OVER EXPENDITURES 654,861 (1,365,876) 43,958 (9,043) (11,596)
OTHER FINANCING SOURCES (USES):
OPERATING TRANSFERS-IN 1,069,047 5,715
OPERATING TRANSFERS-(OUT) (654,861 ) (45,000)
EXCESS (DEFICIENCY) OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER) EXPENDITURES
AND OTHER FINANCING USES (341,829) 43,958 (9,043) (5,881)
FUND BALANCES AT BEGINNING OF YEAR 2,359,300 2,521 83,341 60,131
RESIDUAL EQUITY TRANSFER-IN
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CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 2 of 2
$ $ $ $ $ 134 $ $ 134 $ 92
54,676 54,676 44,660
48,971 2,521
415,513 1 ,488 7,175,003 15,085,567
518,296 580,220 785,971
396 223 2,026 94,862 1,085 19,147 193,186 332,315
104,428 70,552
7,522,137 16,517,948
415,513 69,096 490,084 609,950
2,366 2,366 9,177
396 1,711 (12,394) 94,862 (1,147) 537,443 (66,825) (956,501)
1,074,762 1,852,454
(517,641) (1,217,502) (635,783)
396
1,711
(12,394)
94,862
(1,147)
19,802
(209,565)
260,170
5,535
10,951
106,298
4,166,351
59,176
1,066,816
7,920,420
7,570,662
89,588
Page 77
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE ACTUAL AMOUNTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2001
Page 1 of 6
REVENUES:
TAXES:
GENERAL PROPERTY TAXES $ $ $ $ $ $
BUSINESS IMPROVEMENT AREA TAXES
HOTEL/MOTEL EXCISE TAX
PENAL TIES AND INTEREST-TAXES
INTERGOVERNMENTAL 639,000 654,861 15,861 9,057,145 6,059,006 (2,998,139)
CHARGES FOR SERVICES 242,000 61,924 (180,076)
MISCELLANEOUS 35,331 35,331
EXPENDITURES:
CURRENT:
SECURITY OF PERSONS & PROPERTY
TRANSPORTATION 13,144,500 7,522,137 5,622,363
ECONOMIC ENVIRONMENT
CULTURE AND RECREATION
EXCESS REVENUE OVER EXPENDITURES 639,000 654,861 15,861 (3,845,355) (1,365,876) 2,479,479
OTHER FINANCING (USES):
OPERATING TRANSFERS-IN 1,599,000 1,069,047 (529,953)
OPERATING TRANSFERS-(OUT) (639,000) (654,861 ) (15,861 ) (45,000) (45,000)
EXCESS (DEFICIENCY) OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER) EXPENDITURES
AND OTHER FINANCING USES (2,291,355) (341,829) 1,949,526
FUND BALANCES AT BEGINNING OF YEAR 2,359,300 2,359,300
RESIDUAL EQUITY TRANSFER-IN
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CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 2 of 6
$ $ $ $ $ $
45,000 48,971 3,971
7,000 (7,000)
462 462 5,354 38,710 33,356
45,000 49,433 4,433 12,354 38,710 26,356
73,000 47,753 25,247
35,000 5,475 29,525
35,000 5,475 29,525 73,000 47,753 25,247
10,000 43,958 33,958 (60,646) (9,043) 51,603
10,000 43,958 33,958 (60,646) (9,043) 51,603
2,521 2,521 83,246 83,341 95
$ 12,521 $ 46,479 $ 33,958 $ 22,600 $ 74,298 $ 51 ,698
"continued"
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CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
SPEC~LREVENUEFUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE ACTUAL AMOUNTS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
Page 3 of 6
REVENUES:
TAXES:
GENERAL PROPERTY TAXES $ $ $ $ $ $
BUSINESS IMPROVEMENT AREA TAXES
HOTEL/MOTEL EXCISE TAX
PENAL TIES AND INTEREST-TAXES
INTERGOVERNMENTAL 44,135 44,135 477,684 415,513 (62,171)
CHARGES FOR SERVICES
MISCELLANEOUS 2,000 944 396 396
EXPENDITURES:
CURRENT:
SECURITY OF PERSONS & PROPERTY 59,149 56,675 2,474
TRANSPORTATION
ECONOMIC ENVIRONMENT 477,684 415,513 62,171
CULTURE AND RECREATION
EXCESS REVENUE OVER EXPENDITURES (57,149) (11,596) 45,553 396 396
OTHER FINANCING SOURCES (USES):
OPERATING TRANSFERS-IN 5,715 5,715
OPERATING TRANSFERS-(OUT)
EXCESS (DEFICIENCY) OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER) EXPENDITURES
AND OTHER FINANCING USES (51 ,434) (5,881) 45,553 396 396
FUND BALANCES AT BEGINNING OF YEAR 60,131 60,131 5,535 5,535
RESIDUAL EQUITY TRANSFER-IN
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CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 4 of 6
$ $ $ $ $ $
53,000 52,839 (161 )
100 1,837 1,737
1,300 1,488 188
223 223 5,000 2,026 (2,974)
1,300 1,711 411 58,100 56,702 (1 ,398)
84,300 69,096 15,204
84,300 69,096 15,204
1,300 1,711 411 (26,200) (12,394) 13,806
1,300 1,711 411 (26,200) (12,394) 13,806
10,951 10,951 106,298 106,298
$12,251 $ 12,662 $ 411 $ 80,098 $ 93,904 $ 13,806
"continued"
Page 81
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
SPEC~LREVENUEFUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE ACTUAL AMOUNTS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
Page 5 of 6
REVENUES:
TAXES:
GENERAL PROPERTY TAXES $ $ $ $ $ 134 $ 134
BUSINESS IMPROVEMENT AREA TAXES
HOTEL/MOTEL EXCISE TAX
PENAL TIES AND INTEREST-TAXES
INTERGOVERNMENTAL
CHARGES FOR SERVICES
MISCELLANEOUS 200,000 94,862 (105,138) 1,085 1,085
EXPENDITURES:
CURRENT:
SECURITY OF PERSONS & PROPERTY
TRANSPORTATION
ECONOMIC ENVIRONMENT
CULTURE AND RECREATION 55,200 2,366 52,834
EXCESS REVENUE OVER EXPENDITURES 200,000 94,862 (105,138) (55,200) (1,147) 54,053
OTHER FINANCING (USES):
OPERATING TRANSFERS-IN
OPERATING TRANSFERS-(OUT)
EXCESS (DEFICIENCY) OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER) EXPENDITURES
AND OTHER FINANCING USES 200,000 94,862 (105,138) (55,200) (1,147) 54,053
FUND BALANCES AT BEGINNING OF YEAR 4,166,351 4,166,351 59,176 59,176
RESIDUAL EQUITY TRANSFER-IN
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CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 6 of 6
$ $ $ $ $ 134 $ 134 $ 92
53,000 52,839 (161) 44,660
45,000 48,971 3,971 2,521
100 1,837 1,737
10,182,129 7,175,003 (3,007,126) 15,085,567
490,000 518,296 28,296 732,000 580,220 (151,780) 785,971
10,000 19,147 9,147 222,354 193,186 (29,168) 332,315
500,000 537,443 37,443 11 ,234,583 8,052,190 (3,182,393) 16,251,126
132,149 104,428 27,721 70,552
13,144,500 7,522,137 5,622,363 16,517,948
596,984 490,084 106,900 609,950
55,200 2,366 52,834 9,177
13,928,833 8,119,015 5,809,818 17,207,627
500,000 537,443 37,443 (2,694,250) (66,825) 2,627,425 (956,501)
1,604,715 1,074,762 1,852,454
(708,000) (517,641) 190,359 (1,392,000) (1,217,502) (635,783)
(708,000) (517,641) 190,359 212,715 (142,740) 1,216,671
(208,000) 19,802 227,802 (2,481,535) (209,565) 2,271,970 260,170
1,066,816 1,066,816 7,920,325 7,920,420 95 7,570,662
89,588
$ 858,816 $ 1,086,618 $ 227,802 $ 5,438,790 $ 7,710,855 $ 2,272,065 $ 7,920,420
Page 83
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 84
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
DEBT SERVICE FUNDS
COMBINING BALANCE SHEET
AS OF DECEMBER 31,2002
WITH COMPARATIVE TOTALS FOR DECEMBER 31,2001
ASSETS:
CURRENT ASSETS:
CASH AND CASH EQUIVALENTS $ 5,043 $1,801,839 $ 37,075 $ 1,843,957 $ 1,931,157
DEPOSITS WITH FISCAL AGENT 25,000 25,000 45,000
RECEIVABLES:
TAXES 7 7 32
SPECIAL ASSESSMENTS
DELINQUENT 114,245 114,245 108,584
DEFERRED 575,434 575,434 725,265
ACCRUED INTEREST 110,179 110,179 109,686
TOTAL ASSETS AND OTHER DEBITS $ 5,043 $1,801,846 $ 861 ,933 $ 2,668,822 $ 2,919,724
LIABILITIES AND FUND BALANCES:
LIABILITIES:
CURRENT LIABILITIES:
CURRENT PAYABLES $ $ $ $ $ 301
MATURED BONDS PAYABLE 25,000 25,000 45,000
INTERFUND PAYABLE 7,056
DEFERRED REVENUE 7 799,858 799,865 943,567
TOTAL LlABI LlTI ES 7 824,858 824,865 995,924
FUND BALANCE:
RESERVED FOR DEBT SERVICE 5,043 37,075 42,118 142,564
RESERVED FOR LID GUARANTEE 1,801,839 1,801,839 1,781,236
Page 85
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
DEBT SERVICE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
REVENUE:
TAXES $ - $ $ $ $ 6
SPECIAL ASSESSMENTS 144,148 144,148 302,290
MISCELLANEOUS 2,573 33,281 55,643 91,497 159,910
EXPENDITURES:
DEBT SERVICE:
PRINCIPAL RETIREMENT 145,000 190,000 335,000 415,000
INTEREST & FISCAL CHARGES 161,190 2,678 51,620 215,488 227,297
EXCESS REVENUE OVER EXPENDITURES (303,617) 30,603 (41,829) (314,843) (180,091)
OTHER FINANCING SOURCES(USES):
OPERATING TRANSFER IN 245,000 245,000 311,800
OPERATING TRANSFER OUT (10,000) (10,000) (15,000)
EXCESS (DEFICIENCY) OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER) EXPENDITURES
AND OTHER FINANCING USES (58,617) 20,603 (41,829) (79,843) 116,709
FUND BALANCE AT BEGINNING OF YEAR 63,660 1,781,236 78,904 1,923,800 1,807,091
RESIDUAL EQUITY TRANSFER-IN 3,366
RESIDUAL EQUITY TRANSFER-(OUT) (3,366)
Page 86
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
CAPITAL PROJECTS FUNDS
COMBINING BALANCE SHEET
AS OF DECEMBER 31,2002
WITH COMPARATIVE TOTALS FOR DECEMBER 31,2001
ASSETS:
CURRENT ASSETS:
CASH AND CASH EQUIVALENTS $ 45,315 $ 15,136,874 $ 15,182,189 $ 11,972,634
RECEIVABLES:
CUSTOMER ACCOUNTS 5,000
DUE FROM OTHER GOVERNMENTAL UNITS 99,096 99,096 268
TOTAL ASSETS AND OTHER DEBITS $ 45,315 $ 15,235,970 $ 15,281,285 $ 11 ,977,902
LIABILITIES AND FUND BALANCES:
LIABILITIES:
CURRENT LIABILITIES:
CURRENT PAYABLES $ 7,009 $ 341,628 $ 348,637 $ 28,745
TOTAL LlABI LlTI ES 7,009 341,628 348,637 28,745
FUND BALANCE:
UNRESERVED
UNDESIGNATED 38,306 14,894,342 14,932,648 11,949,157
Page 87
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
CAPITAL PROJECTS FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
REVENUE:
TAXES $ - $ 2,340,706 $ $ 2,340,706 $ 1,483,368
INTERGOVERNMENTAL 110,149 110,149 98,326
CHARGES FOR SERVICES 20,765 20,765 25,320
MISCELLANEOUS 4,773 292,965 724 298,462 585,968
EXPENDITURES:
CURRENT:
CAPITAL OUTLAY 213,766 1,469,354 1,683,120 2,612,769
DEBT SERVICE:
PRINCIPAL RETIREMENT 702,065 702,065
CAPITAL LEASES 2,069,173 2,069,173
EXCESS REVENUE OVER EXPENDITURES (188,228) (1,496,772) 724 (1,684,276) (419,787)
OTHER FINANCING SOURCES (USES):
CAPITAL LEASES 2,069,173 2,069,173
OPERATING TRANSFER IN 92,000 2,958,000 3,050,000 3,308,000
OPERATING TRANSFER OUT (401,406) (50,000) (451,406) (1,200,000)
EXCESS (DEFICIENCY) OF REVENUES AND OTHER
FINANCING SOURCES OVER (UNDER) EXPENDITURES
AND OTHER FINANCING USES (96,228) 3,128,995 (49,276) 2,983,491 1,688,213
FUND BALANCE AT BEGINNING OF YEAR 134,534 11,722,080 92,543 11,949,157 10,404,008
RESIDUAL EQUITY TRANSFER-IN (OUT) 43,267 (43,267) (143,064)
Page 88
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 89
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
AS OF DECEMBER 31,2002
WITH COMPARATIVE TOTALS FOR DECEMBER 31, 2001
Page 1 of 2
ASSETS:
CURRENT ASSETS:
CASH AND CASH EQUIVALENTS $ 4,196,019 $ 7,216,949 $ 3,498,986
RECEIVABLES:
CUSTOMER ACCOUNTS 1,006,799 1,991,995 992,505
OTHER RECEIVABLES
INTERFUND RECEIVABLE
DUE FROM OTHER GOVERNMENTAL UNIT
I NVENTORI ES 98,197 2,008 5,955
RESTRICTED ASSETS:
CASH 2,566,707 622,998 1,203,825
LONG-TERM CONTRACTS AND NOTES 1,973,400
FIXED ASSETS, NET OF DEPRECIATION 48,843,314 27,7 43,696 28,330,857
DEFERRED CHARGES 87,417 37,257
TOTAL ASSETS $ 56,798,453 $ 39,551,046 $ 34,069,385
LIABILITIES, EQUITIES & OTHER CREDITS:
LlABI LlTI ES:
CURRENT LIABILITIES:
CURRENT PAYABLES $ 196,235 $ 129,570 $ 86,671
CUSTOMER DEPOSITS 51,003
DUE TO OTHER GOVERNMENTAL UNITS
OTHER LIABILITIES PAYABLE
PAYABLE FROM RESTRICTED ASSETS:
GENERAL OBLIGATION BONDS
REVENUE BONDS 664,500 295,500
ACCRUED INTEREST 488,105 163,618
DEPOSITS 42,998 8,892 6,025
LONG-TERM BONDS PAYABLE:
GENERAL OBLIGATION BONDS
REVENUE BONDS 6,501,700 2,728,300
DEFERRED REVENUE
EMPLOYEE LEAVE BENEFITS 80,092 22,013 28,582
OTHER LONG TERM LIABILITIES 7,826,039
DEFERRED CREDITS 70,341 27,501
TOTAL LIABILITIES 15,921,013 160,475 3,336,197
EQUITIES & OTHER CREDITS:
CONTRIBUTED CAPITAL 39,704,581 32,676,941 19,160,530
RETAINED EARNINGS:
RESERVED FOR DEBT SERVICE 965,759 438,060
RESERVED FOR CONSTRUCTION 24,171 606,831
RESERVED FOR GAIN/(LOSS) INVEST. 933 2,190
UNRESERVED 181,990 6,104,609 11,134,598
Page 90
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 2 of 2
$ 2,461 ,782 $ 226,971 $ 340,047 $ 342,512 $ 18,283,272 $ 12,541,892
1,798,527 58,899 100 5,848,825 5,248,188
7,029
7,056
51,270 51,270
12,137 6,862 1,200 126,359 119,378
70,326 4,463,856 10,527,412
26,742 2,000,142 2,157,642
329,235 874,216 4,127,070 117,959,003 112,293,426
1 1
$ 635,680 $ 136,638 $ 11,484 $ 27,408 $ 1,223,686 $ 1,945,458
51,003 134,725
14
361
30,000 30,000
960,000 920,000
651,723 663,142
44,449 102,364 147,244
1,575,000 1,575,000 1,630,000
9,230,000 10,190,000
26,742 26,742 26,742
7,302 14,018 20,313 44,033 216,353 398,387
7,826,039 7,367,157
183 1
6,480,738 739,169 2,278,692 101,040,651 96,171,787
1,403,819 1,388,124
631,008 903,834
3,123 2,222
3,997,832 (169,067) 450,259 2,120,649 23,820,870 21,084,652
Page 91
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
ENTERPRISE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND EQUITY
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
Page 1 of 2
OPERATING REVENUES:
CHARGES FOR SERVICES $ 6,612,987 $ 9,938,897 $ 2,896,932
INTEREST
OTHER OPERATING REVENUE
TOTAL OPERATING REVENUES 6,612,987 9,938,897 2,896,932
OPERATING EXPENSES:
OPERATIONS & MAINTENANCE 1,974,926 7,764,173 624,113
ADMINISTRATION 767,074 652,592 790,917
TAXES 579,696 578,216 186,209
DEPRECIA TION/AMORTIZA TION 1,537,658 389,817 648,973
TOTAL OPERATING EXPENSES 4,859,354 9,384,798 2,250,212
OPERATING INCOME (LOSS) 1,753,633 554,099 646,720
NON-OPERATING REVENUES (EXPENSES):
INTEREST REVENUE 131,317 141,602 86,383
OTHER NON-OPERATING REVENUES 12,153 107,857
GAIN (LOSS) SALE OF FIXED ASSETS
INTEREST EXPENSE (472,464) (154,343)
OTHER NON-OPERATING EXPENSES (297,410) (24,645) (6,742)
TOTAL NON-REVENUE/EXPENSE (626,404) 224,814 (74,702)
OPERATING TRANSFERS
OPERATING TRANSFERS-IN
OPERATING TRANSFERS-(OUT) (10,000) (79,540) (79,540)
TOTAL OPERATING TRANSFERS (10,000) (79,540) (79,540)
NET INCOME (LOSS) BEFORE CONTRIBUTIONS 1,117,229 699,373 492,478
CAPITAL CONTRIBUTIONS 1,295,538 2,784,260 789,068
NET INCOME 2,412,767 3,483,633 1,281,546
EQUITIES:
RETAINED EARNINGS AT BEGINNING OF YEAR 16,793 6,014,257 11,135,457
CONTRIBUTED CAPITAL AT BEGINNING OF YEAR 38,409,044 29,892,681 18,371,463
PRIOR PERIOD ADJUSTMENTS 38,836 (55,278)
BEGINNING RETAINED EARNINGS RESTATED 38,464,673 35,906,938 29,451,642
RESIDUAL EQUITY TRANSFER-IN
RESIDUAL EQUITY TRANSFER-OUT
FUND EQUITY AT END OF YEAR $ 40,877,440 $ 39,390,571 $ 30,733,188
Page 92
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 2 of 2
$ 7,871,703 $ 740,228 $ 590,033 $ 1,058,619 $ 29,709,399 $ 28,567,212
3,648 3,648 3,384
5,307 5,307 5,022
7,871,703 740,228 593,681 1,063,926 29,718,354 28,575,618
6,827,882 393,318 443,217 708,162 18,735,791 18,116,216
342,494 207,516 134,384 63,418 2,958,395 3,174,565
504,661 1,209 7,513 58,024 1,915,528 1,862,830
18,804 287,269 71,481 122,408 3,076,410 2,822,403
7,693,841 889,312 656,595 952,012 26,686,124 25,976,014
177,862 (149,084) (62,914) 111,914 3,032,230 2,599,604
44,286 5,214 6,094 5,083 419,979 1,040,789
54,332 44,948 1,200 220,490 162,355
(3,088) 5,095 2,007 (32,592)
(95,291 ) (722,098) (1,005,963)
(328,797) (1,313)
98,618 (45,129) 4,206 10,178 (408,419) 163,276
5,000 46,697 51,697
(10,000) (179,080) (152,000)
(10,000) 5,000 46,697 (127,383) (152,000)
266,480 (189,213) (12,011) 122,092 2,496,428 2,610,880
4,868,866
266,480 (189,213) (12,011) 122,092 7,365,294 2,610,880
3,731,352 20,146 462,270 1,998,557 23,378,832 25,894,228
6,480,738 739,169 2,278,692 96,171,787 96,171,787
(16,442) (4,982,827)
3,731,352 6,500,884 1,201,439 4,277,249 119,534,177 117,083,188
3,947
(147,396)
$ 3,997,832 $ 6,311,671 $ 1,189,428 $ 4,399,341 $ 126,899,471 $ 119,550,619
Page 93
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
Page 1 of 4
CASH FLOWS FROM OPERATING ACTIVITIES:
CASH RECEIVED FROM USERS $ 6,472,045 $ 9,539,722 $ 2,861,190 $ 7,906,492
CASH RECEIVED FROM WTR/SWR & U/C 83,722
CASH PAID TO SUPPLIERS (1,252,794) (7,466,695) (626,108) (7,079,009)
CASH PAID FOR TAXES (579,696) (556,530) (186,209) (465,391)
CASH PAID FOR INVENTORY (56,594) (612) 1,365
CASH PAID TO EMPLOYEES (1,513,213) (934,453) (1,106,847) (276,388)
OTHER CASH RECEIVED(PAID) 8,822 107,857
CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:
INTERFUND LOAN RECEIVABLE 7,056
INTEREST ON LOAN RECEIVABLE
OPERATING GRANT RECEIVED
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:
PROCEEDS FROM SALE OF EQUIPMENT
PURCHASE OF FIXED ASSETS (3,459,833) (747,247) (894,605)
CONTRIBUTED CAPITAL (426,607) 558,793 363,718
CAPITAL GRANT 3,062
PROCEEDS FROM OTHER GOVERNMENTS 641,250
PRINCIPAL PAYMENT ON DEBT (662,187) (261,300)
I NTEREST PAl D ON DEBT (468,887) (154,343)
OPERATING TRANSFER-IN
RESIDUAL & OPERATING TRANSFER-(OUT) (10,000) (79,540) (79,540) (10,000)
DEBT PROCEEDS
CASH FLOW FROM INVESTING ACTIVITIES:
PROCEEDS FROM SALE OF INVESTMENTS 2,000,000
PURCHASE OF INVESTMENTS (2,000,000)
I NTEREST RECEIVED 95,578 141,600 86,383 44,286
NET CASH PROVIDED (USED) IN INVESTING ACTIVITIES 95,578 141,600 86,383 44,286
NET INCREASE (DECREASE) IN CASH AND
CASH EQUIVALENTS (1,121,338) 562,895 3,704 123,052
CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR 7,884,064 7,277,052 4,699,107 2,338,730
CASH AND CASH EQUIVALENTS END OF YEAR $ 6,762,726 $ 7,839,947 $ 4,702,811 $ 2,461,782
CASH AT END OF YEAR CONSISTS OF:
OPERATING CASH 4,196,019 7,216,949 3,498,986 2,461 ,782
RESTRICTED CASH 2,566,707 622,998 1,203,825
TOTAL CASH $ 6,762,726 $ 7,839,947 $ 4,702,811 $ 2,461,782
Page 94
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 2 of 4
$ 750,739 $ 593,681 $ 1,063,868 $ 29,187,737 $ 28,395,102
83,722
(359,910) (167,492) (304,727) (17,256,735) (16,548,716)
(1,209) (6,957) (57,882) (1,853,874) (1,919,549)
(55,841) (69,137)
(218,414) (421,592) (436,744) (4,907,651 ) (4,563,311 )
3,052 57 119,788 21,891
7,056 7,056
917
41 ,496
41 ,496
17,864
(143,019) (46,697) (133,198) (5,424,599) (7,037,960)
495,904 (750,610)
3,062 1 37,493
641,250
(25,000) (948,487) (1,054,833)
(88,865) (712,095) (771,150)
5,000 46,697 51,697 3,947
(179,080) (99,000)
6,972,025
2,000,000
(2,000,000)
5,003,440
136,457 (322,178) 8,680,699
1
226,977 340,047 342,512 18,283,272
Page 95
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
Page 3 of 4
RECONCILIATION OF NET OPERATING INCOME TO NEW CASH
PROVIDED BY OPERATING ACTIVITIES:
ADJUSTMENTS TO RECONCILE OPERATING INCOME TO NET CASH
PROVIDED (USED) BY OPERATING ACTIVITIES:
DEPRECIATION 1,537,658 389,817 648,973 18,804
CHANGES I N ASSETS
(INCREASES) DECREASES:
ACCOUNTS RECEIVABLE (140,942) (204,221 ) (35,742) (34,789)
MISCELLANEOUS NR - REVENUE
INVENTORY (56,594) (612) (1,365)
CHANGES IN LIABILITIES
INCREASES (DECREASES):
ACCOUNTS PAYABLE (9,880) 2,162 (51,777) (60,154)
VOUCHERS PAYABLE 98,845 46,618 (180,789) 3,905
DEPOSITS PAYABLE 2,196 (48,203)
COMPENSATED ABSENCES PAYABLE (61,460) (50,371 ) (43,793) (19,924)
NP RELATED TO CAPITAL
PRIOR YEAR ADJUSTMENTS 38,836 (38,836)
DEFERRED CREDITS
SCHEDULE OF NONCASH INVESTING, CAPITAL AND
FINANCING ACTIVITIES
CONTRIBUTED CAPITAL
$ 1,295,538 $ 2,784,260 $ 789,068 $
Page 96
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 4 of 4
287,269 71,481 122,408 3,076,410 2,822,403
10,111 (405,583) (178,878)
(100) (100) (2,692)
(58,571) (70,097)
4 13 462 (119,170) (183,776)
121,931 (1,459) 19,599 108,650 357,453
(1,112) (154) (47,273) 5,963
(7,448) (9,381) 10,343 (182,034) 32,845
(87,413) (87,413) 616,067
(682,609)
(3)
$
$
$
$ 4,868,866 $ 4,239,719
Page 97
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 98
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
INTERNAL SERVICE FUNDS
COMBINING BALANCE SHEET
AS OF DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR DECEMBER 31, 2001
ASSETS:
CURRENT ASSETS:
CASH AND CASH EQUIVALENTS $ 2,902,440 $ 3,692,604 $ 6,595,044 $ 6,850,059
RECEIVABLES:
INVENTORIES 49,269 49,269 56,200
FIXED ASSETS, NET OF DEPRECIATION 3,392,314 3,392,314 3,302,336
TOTAL ASSETS $ 2,902,440 $ 7,134,187 $ 10,036,627 $ 10,208,595
LIABILITIES AND EQUITIES:
LIABILITIES:
CURRENT LIABILITIES:
CURRENT PAYABLES $ $ 70,084 $ 70,084 $ 127,910
OTHER LIABILITIES PAYABLE 144
EMPLOYEE LEAVE BENEFITS 60,058 60,058 36,082
TOTAL LlABI UTI ES 130,142 130,142 164,136
FUND EQUITIES:
CONTRIBUTED CAPITAL 2,033,486 3,402,167 5,435,653 5,244,950
RETAINED EARNINGS:
UNRESERVED 868,954 3,601,878 4,470,832 4,799,509
Page 99
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND EQUITY
FOR THE FISCAL YEAR ENDED DECEMBER 31,2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
OPERATING REVENUES:
CHARGES FOR SERVICES $ $ 1,445,049 $ 1,445,049 $ 1,631,113
OPERATING REVENUE 20,729
TOTAL OPERATING REVENUES 1,445,049 1,445,049 1 ,651 ,842
OPERATING EXPENSES:
OPERATIONS & MAINTENANCE 706,458 706,458 699,467
ADMINISTRA TION 57,612 476,420 534,032 371 ,902
DEPRECIA TION/AMORTIZA TION 656,415 656,415 698,672
OTHER OPERATING EXPENSES 705
TOTAL OPERATING EXPENSES 57,612 1,839,293 1,896,905 1,770,746
OPERATING INCOME (LOSS) (57,612) (394,244) (451,856) (118,904)
NON-OPERATING REVENUES (EXPENSES):
INTEREST REVENUE 49,811 76,745 126,556 259,646
OTHER NON-OPERATING REVENUES 735 3,088 3,823
GAIN (LOSS) SALE OF FIXED ASSETS (2,200) (2,200) 6,013
TOTAL NON-REVENUE/EXPENSE 50,546 77,633 128,179 265,659
OPERATING TRANSFERS
OPERATING TRANSFERS-(OUT) (5,000) (5,000)
TOTAL OPERATING TRANSFERS (5,000) (5,000)
NET INCOME (LOSS) BEFORE CONTRIBUTIONS (12,066) (316,611) (328,677) 146,755
CAPITAL CONTRIBUTIONS 190,703 190,703 370,153
NET INCOME (LOSS) (12,066) (125,908) (137,974) 516,908
EQUITIES:
RETAINED EARNINGS AT BEGINNING OF YEAR 881,020 3,918,489 4,799,510 4,652,755
CONTRIBUTED CAPITAL AT BEGINNING OF YEAR 2,033,486 3,211,464 5,244,949 4,874,796
Page 100
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
Page 1 of 2
CASH FLOWS FROM OPERATING ACTIVITIES:
CASH RECEIVED FROM USERS
CASH PAID TO SUPPLIERS
CASH PAID TO INVENTORY
CASH PAID FOR EMPLOYEES
OTHER CASH RECEIVED (PAID)
$ $ 1,445,049
(2,004) (761,319)
(221,994)
(55,608) (421,558)
$ 1,445,049
(763,323)
(221,994)
(477,166)
$ 1,640,074
(647,194)
(216,530)
(370,122)
11 ,768
NET CASH PROVIDED (USED) BY NON-CAPITAL FINANCING ACTIVITIES:
PRIOR PERIOD ADJUSTMENT
CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:
PROCEEDS FROM SALE OF FIXED ASSETS
PURCHASE OF FIXED ASSETS
CONTRIBUTED CAPITAL
RESIDUAL & OPERATING TRANSFER-(OUT) (5,000)
OTHER CASH RECEIVED (PAID) 735
90,111 90,111 15,313
(643,774) (643,774) (426,242)
190,703 190,703 370,153
(5,000)
3,088 3,823
CASH FLOW FROM INVESTING ACTIVITIES:
PROCEEDS FROM SALE OF INVESTMENTS
PURCHASE OF INVESTMENTS
INTEREST RECEIVED
49,811
2,000,000
(2,000,000)
76,745
2,000,000
(2,000,000)
126,556
1,000,000
259,646
NET INCREASE (DECREASE) IN CASH AND
CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS -
BEGINNING OF YEAR
(12,066)
(242,949)
2,914,506
3,935,553
(255,015)
6,850,059
1,636,866
5,213,193
CASH AT END OF YEAR CONSISTS OF:
CASH AND CASH EQUIVALENTS
Page 101
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
Page 2 of 2
RECONCILIATION OF NET OPERATING INCOME TO NET CASH
PROVIDED (USED) BY OPERATING ACTIVITIES:
ADJUSTMENTS TO RECONCILE OPERATING INCOME TO NET
CASH PROVIDED (USED) BY OPERATING ACTIVITIES:
DEPRECIATION
CHANGES IN ASSETS
(INCREASES) DECREASES:
INVENTORY
CHANGES IN LIABILITIES
INCREASES (DECREASES):
ACCOUNTS PAYABLE
VOUCHERS PAYABLE
COMPENSATED ABSENCES PAYABLE
656,415
656,415
698,672
(220,405)
(220,405)
(223,346)
(274)
22,661
(23,976)
(274)
22,661
(23,976)
(4,148)
62,399
3,323
SCHEDULE OF NONCASH CAPITAL AND RELATED
FINANCING ACTIVITIES
CAPITAL ASSETS ACQUIRED BY:
CONTRIBUTED CAPITAL
$
$ 190,703
$ 190,703
$ 188,653
Page 102
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 103
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
FIDUCIARY FUNDS
COMBINING BALANCE SHEET
AS OF DECEMBER 31,2002
WITH COMPARATIVE TOTALS FOR DECEMBER 31,2001
Page 1 of 2
ASSETS:
CURRENT ASSETS:
CASH AND CASH EQUIVALENTS $ $ 947,648
CASH AND CASH EQUIVALENTS-
NON-EXPENDABLE TRUST 274,117
RECEIVABLES:
CUSTOMER ACCOUNTS-MISC
DUE FROM OTHER GOVERNMENTAL UNITS
RESTRICTED ASSETS:
LONG-TERM INVESTMENTS
LIABILITIES AND FUND BALANCES:
LIABILITIES:
CURRENT LIABILITIES:
CURRENT PAYABLES $ $ 199
LONG-TERM BONDS PAYABLE:
DEFERRED REVENUE
EMPLOYEE LEAVE BENEFITS
EQUITIES:
FUND BALANCE:
RESERVED FOR ENDOWMENT 1,020,569
RESERVED FOR PENSION FUND 3,552,973
UNDESIGNATED 233,286
Page 104
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 2 of 2
$ 48,493 $ 318,604 $ 1,314,745 $ 3,022,612
274,117 1,185,832
74 74 36
8,841 8,841
$
9,603 $ 327,519 $
337,321
$
370,014
38,890
38,890
1,020,569
3,552,973
233,286
981,544
3,668,268
204,288
Page 105
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
EXPENDABLE TRUST FUND - SPECIAL PARKS
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
REVENUE:
MISCELLANEOUS $ 66,684 $
EXPENDITURES:
CULTURE AND RECREATION 74,254
EXCESS REVENUE OVER EXPENDITURES (7,570)
FUND BALANCE AT BEGINNING OF YEAR 62,449
Prior Period Adjustment 56,063 (62,449)
FUND BALANCE AT END OF YEAR $ 48,493 $
Page 106
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
FIDUCIARY FUNDS
COMBINING STATEMENT OF CASH FLOWS
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
WITH COMPARATIVE TOTALS FOR THE FISCAL YEAR ENDED DECEMBER 31,2001
CASH FLOWS FROM OPERATING ACTIVITIES:
CASH RECEIVED FROM USERS $ 39,025 $
39,025 $ 39,432
CASH FLOW FROM CAPITAL AND RELATED FINANCING ACTIVITIES:
RESIDUAL & OPERATING TRANSFER-(OUT) (46,696) (46,696)
CASH FLOW FROM INVESTING ACTIVITIES:
PROCEEDS FROM SALE OF INVESTMENTS
INTEREST RECEIVED
75,694
75,694
700,000
62,439
NET INCREASE (DECREASE) IN CASH AND
CASH EQUIVALENTS 68,023 68,023 801,871
CASH AND CASH EQUIVALENTS -
BEGINNING OF YEAR 1,185,832 1,185,832 383,961
CASH AND CASH EQUIVALENTS-END OF YEAR $ 1 ,253,855 $ 1,253,855 $ 1 ,185,832
CASH AT THE END OF THE YEAR CONSISTS OF:
OPERATING CASH 1 ,253,855 1,253,855 1,185,832
TOTAL CASH $ 1 ,253,855 $ 1,253,855 $ 1 ,185,832
RECONCILIATION OF NET OPERATING INCOME TO NET CASH
PROVIDED (USED) BY OPERATING ACTIVITIES:
OPERATING INCOME (LOSS)
$ 39,025 $
39,025 $ 39,432
ADJUSTMENTS TO RECONCILE OPERATING INCOME TO NET
CASH PROVIDED (USED) BY OPERATING ACTIVITIES:
CHANGES IN ASSETS
(INCREASES) DECREASES:
CHANGES IN LIABILITIES
INCREASES (DECREASES):
DEFERRED CREDITS
Page 107
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
AGENCY FUNDS
COMBINING STATEMENTS OF CHANGES IN ASSETS AND LIABILITIES
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
AGENCY DISBURSEMENT FUND
ASSETS:
Current Assets:
Cash & equivalents $ 361,819 $ 1,757,733 $ 1,792,033 $ 327,519
LIABILITIES:
Due to other Government Units $ 361,819 $ 3,386,338 $ 3,420,638 $ 327,519
Page 108
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
COMPARATIVE STATEMENT OF NET PLAN ASSETS
FIREMAN'S PENSION FUND
FOR THE FISCAL YEARS ENDED DECEMBER 31, 2002 AND 2001
ASSETS
CASH AND CASH EQUIVALENTS
INVESTMENTS
$
947,648 $
2,605,524
2,604,767
1,074,429
LIABILITIES
ACCOUNTS PAYABLE
EMPLOYEE LEAVE BENEFITS
FUND BALANCE RESERVED FOR
EMPLOYEES PENSION BENEFITS
$
199 $
6,980
948
* SEE NOTE 9 FOR THE SCHEDULE OF FUNDING PROGRESS
Page 109
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
STATEMENT OF CHANGES IN NET PLAN ASSETS
FIREMAN'S PENSION FUND
FOR THE FISCAL YEARS ENDED DECEMBER 31, 2002 AND 2001
ADDITIONS
EMPLOYER CONTRIBUTIONS $ $
OTHER CONTRIBUTIONS:
FIRE INSURANCE PREMIUMS 40,868 37,281
INVESTMENT INCOME:
Net appreciation (depreciation) in fair value
of investments 32,532 41 ,831
Interest 85,824 187,452
118,356 229,283
Less investment expense (78)
NET INVESTMENT INCOME 118,278 229,283
TOTAL ADDITIONS 159,146 266,564
DEDUCTIONS
BENEFIT PAYMENTS 222,305 178,598
LONG TERM CARE PREMIUMS 36,530 38,341
ADMINISTRATIVE EXPENSES 15,606 13,227
TOTAL DEDUCTIONS 274,441 230,166
NET INCREASE (115,295) 36,398
FUND BALANCE RESERVED FOR EMPLOYEES'
PENSION BENEFITS:
BEGINNING OF YEAR 3,668,268 3,631,870
END OF YEAR $ 3,552,973 $ 3,668,268
Page 110
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
COMPARATIVE SCHEDULES OF GENERAL FIXED ASSETS
BY SOURCES
AS OF DECEMBER 31, 2002
General Fixed Assets:
Joint Venture $ 3,787,975 $ 3,787,975
Land 11,669,626 9,324,626
Building 9,689,099 7,619,926
Improvements Other Than Buildings 8,953,510 7,821,263
Streets 9,868,268 9,868,268
Equipment 6,899,345 6,252,385
Construction In
Improvement in General Fixed Assets From:
General Fund Revenue $ 22,527,013 $ 18,946,884
Joint Venture 3,787,975 3,787,975
Federal Revenue Sharing 708,974 708,974
Special Revenue Fund 6,457 1 ,464
Capital Projects Funds:
General Obligation Bonds 11,259,283 11,256,917
Federal Grants 5,507,451 5,507,451
State Grants 1,477,074 1,477,074
County Grants 919,973 809,824
Special Assessments 560,045 560,045
Contribution Local 715,384 685,384
Donations
Page 111
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
SCHEDULE OF GENERAL FIXED ASSETS
BY FUNCTION
AS OF DECEMBER 31,2002
General Government:
Department
Mayor/Council $ $ $ $ $ $ 3,227 $ 3,227
General Administration 2,248,521 5,613,878 81,026 417,412 8,360,837
Finance 1,578,029 1,578,029
City Attorney 102,956 102,956
Planning 2,069,173 35,690 2,104,863
Engineering 551,837 412,710 964,547
Police Protection 944,766 944,766
Fire Protection 2,177,292 564,318 61,856 2,889,580 5,693,046
Joint Venture 3,787,975 3,787,975
Parks & Recreation 6,544,477 1,441,730 8,068,806 468,016 16,523,029
Street Department 699,336 189,985 9,868,268 46,959 10,804,548
Construction in Progress 609,657 609,657
Page 112
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
CITY OF AUBURN, WASHINGTON
SCHEDULE OF GENERAL FIXED ASSETS
BY FUNCTION AND ACTIVITY
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002
General Government:
Department
Mayor/Council $ 3,227 $ $ $ 3,227
General Administration 8,285,818 75,019 8,360,837
Finance 1,265,787 316,829 4,587 1,578,029
City Attorney 102,956 102,956
Planning 39,407 2,069,173 3,717 2,104,863
Engineering 581,186 383,361 964,547
Total General Government 10,278,381 2,844,382 8,304 13,114,459
Police Protection 889,347 55,419 944,766
Fire Protection 5,458,830 234,216 5,693,046
Joint Venture 3,787,975 3,787,975
Total Public Safety 10,136,152 289,635 10,425,787
Parks & Recreation 13,455,362 3,070,265 2,598 16,523,029
Total Culture Recreation 13,455,362 3,070,265 2,598 16,523,029
Street Department 10,804,548 10,804,548
Total Streets 10,804,548 10,804,548
Construction in Progress 609,657 609,657
Page 113
CITY OF AUBURN: 2002 CAFR
FINANCIAL STATEMENTS
Page 114