2012 Comprehensive Annual Financial Report - the City of Tukwila

More documents

Recommendations

Info

CITY OF TUKWILA: 2012 CAFRBASIC FINANCIAL STATEMENTSCITY OF TUKWILA, WASHINGTONSTATEMENT OF NET POSITIONPROPRIETARY FUNDSDECEMBER 31, 2012GOVERNMENTALFOSTER SURFACE TOTAL ACTIVITIESWATER SEWER GOLF WATER ENTERPRISE INTERNALUTILITY UTILITY COURSE UTILITY FUNDS SERVICE FUNDSCURRENT ASSETS:CASH AND CASH EQUIVALENTS $ 912,764 $ 1,457,624 $ 253,483 $ 2,307,990 $ 4,931,861 $ 7,198,512INVESTMENTS 3,450,000 - - - 3,450,000 5,280,170RECEIVABLES:CUSTOMER ACCOUNTS 380,970 635,750 5,982 206,628 1,229,330 395INTEREST ON INVESTMENTS - - - - - 44,798DUE FROM OTHER GOVERNMENTAL UNITS 1,261,696 - - 47,605 1,309,301INVENTORY OF MATERIALS AND SUPPLIES 240,508 52,195 255,978 49,332 598,013 12,319CURRENT ASSETS RESTRICTED:CASH AND CASH EQUIVALENTS 6,035 - 57,297 - 63,332TOTAL CURRENT ASSETS 6,251,973 2,145,569 572,740 2,611,556 11,581,838 12,536,195NONCURRENT ASSETS:RESTRICTED CASH, CASH EQUIVALENTS 266,713 126,834 - 36,897 430,444 -NOTES RECEIVABLE - 407,215 - - 407,215 -DEFERRED CHARGES 14,567 34,737 - 6,723 56,028 -CAPITAL ASSETS:LAND 87,347 69,525 1,609,575 447,671 2,214,118 -BUILDINGS AND EQUIPMENT 1,416,567 2,181,410 6,627,496 1,165,129 11,390,602 -OTHER IMPROVEMENTS 18,707,738 13,199,956 3,559,992 36,361,529 71,829,216 -MACHINERY AND EQUIPMENT 825,311 1,249,739 169,496 50,707 2,295,253 9,390,266CONSTRUCTION IN PROGRESS 2,705,804 2,618,502 - 2,271,059 7,595,365 -LESS: ACCUMULATED DEPRECIATION (8,992,732) (6,753,598) (4,196,843) (12,318,962) (32,262,134) (7,344,507)TOTAL CAPITAL ASSETS (NET OF A/D) 14,750,035 12,565,535 7,769,716 27,977,134 63,062,420 2,045,759PLANT ACQUISITION ADJUSTMENT (NET OFACCUMULATED AMORTIZATION) 56,012 - - - 56,012 -TOTAL NONCURRENT ASSETS 15,087,328 13,134,321 7,769,716 28,020,754 64,012,120 2,045,759TOTAL ASSETS 21,339,301 15,279,890 8,342,456 30,632,310 75,593,958 14,581,953LIABILITIES:CURRENT LIABILITIES:ACCOUNTS PAYABLE 22,463 313,530 1,684 148,753 486,430 -ACCRUED WAGES AND BENEFITS 26,900 15,179 28,098 37,491 107,669 17,892DUE TO OTHER GOVERNMENTAL UNITS 95,080 192,261 - 270,953 558,293 -ACCRUED INTEREST PAYABLE 34,361 11,387 - 9,129 54,876 -OTHER CURRENT LIABILITIES - 964 2,035 - 2,999 1,879,990UNEARNED REVENUE 5,042 - 129 12,633 17,804 -REVENUE BOND PRINCIPAL 365,100 83,700 - 16,200 465,000 -DEPOSITS 6,035 - 52,372 - 58,407 -TOTAL CURRENT LIABILITIES 554,981 617,021 84,318 495,159 1,751,477 1,897,882NONCURRENT LIABILITIES:REVENUE BONDS PAYABLE (NET OF UNAMORTIZED PREMIUMS) 1,354,755 1,479,304 - 286,317 3,120,376 -(NET OF UNAMORTIZED PREMIUMS), Note 11COMPENSATED ABSENCES 93,767 46,639 84,033 81,092 305,531 -OTHER LONG-TERM LIABILITIES 1,002,514 2,114,869 - 2,945,688 6,063,071 -TOTAL NONCURRENT LIABILITIES 2,451,036 3,640,812 84,033 3,313,097 9,488,976 -TOTAL LIABILITIES 3,006,017 4,257,833 168,351 3,808,256 11,240,455 1,897,882NET POSITION:NET INVESTMENT IN CAPITAL ASSETS 11,988,622 8,695,401 7,769,717 24,458,000 52,911,740 2,045,759RESTRICTED FOR:DEBT SERVICE 266,713 126,834 - 36,897 430,444 -UNRESTRICTED 6,077,949 2,199,821 404,389 2,329,158 11,011,318 10,638,313TOTAL NET POSITION $ 18,333,285 $ 11,022,056 $ 8,174,106 $ 26,824,055 $ 64,353,503 $ 12,684,072The notes to the financial statements are an integral part of this statement.42
CITY OF TUKWILA: 2012 CAFRBASIC FINANCIAL STATEMENTSCITY OF TUKWILA, WASHINGTONSTATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITIONPROPRIETARY FUNDSFOR THE YEAR ENDED DECEMBER 31, 2012GOVERNMENTALFOSTER SURFACE TOTAL ACTIVITIESWA TER SEWER GOLF WA TER ENTERPRISE INTERNALUTILITY UTILITY COURSE UTILITY FUNDS SERVICE FUNDSOPERATING REVENUES:TAXES $ - $ - $ 3,531 $ - $ 3,531 $-CHARGES FOR SERVICES 5,184,979 6,487,708 1,423,538 3,690,773 16,786,998 7,181,113INTERGOVERNMENTAL - - - - - 10,783OTHER OPERATING REVENUE - - - 362 362 64,018TOTAL OPERATING REVENUES 5,184,979 6,487,708 1,427,069 3,691,135 16,790,890 7,255,914OPERATING EXPENSES:OPERATIONS & MAINTENANCE 3,158,877 4,198,885 1,388,527 1,001,207 9,747,495 6,499,079ADMINISTRATIVE AND GENERAL 90,982 147,920 - 485,682 724,584 -TAXES 735,331 730,112 6,203 419,805 1,891,451 -DEPRECIATION AND AMORTIZATION 519,221 379,795 306,401 762,537 1,967,954 717,452TOTAL OPERATING EXPENSES 4,504,411 5,456,712 1,701,131 2,669,231 14,331,484 7,216,531OPERATING INCOME (LOSS) 680,568 1,030,996 (274,062) 1,021,903 2,459,406 39,383NON-OPERATING REVENUE (EXPENSE):INVESTMENT EARNINGS 54,216 2,307 21,660 5,232 83,415 312,905INTEREST EXPENSE (122,663) (66,933) - (30,406) (220,002) -GAIN/(LOSS) FR DISPOSAL OF CAPITAL ASSETS - - - (72) (72) 59,790AMORTIZATION OF BOND PREMIUM 8,973 1,825 - 353 11,151 -AMORTIZATION OF BOND DISCOUNT (6,093) - - (483) (6,576) -BOND ISSUE COSTS (1,047) (2,496) - - (3,543) -OTHER NON-OPERATING REVENUE 11,734 15,106 - 64,829 91,669 -TOTAL NON-OPERATING REVENUE (EXPENSE) (54,881) (50,192) 21,660 39,454 (43,959) 372,695INCOME (LOSS) BEFORE CONTRIBUTIONS & TRANSFERS 625,687 980,804 (252,402) 1,061,357 2,415,447 412,078CAPITAL CONTRIBUTIONS 4,645 105,314 - 94,138 204,097 -TRANSFERS IN (Note 5) 98,460 - 225,000 - 323,460 -TRANSFERS OUT (Note 5) (517,377) (446,980) (15,160) (400,786) (1,380,303) (394,591)CHANGE IN NET POSITION 211,415 639,138 (42,562) 754,710 1,562,702 17,487TOTAL NET POSITION BEGINNING OF YEAR 18,121,870 10,382,918 8,216,668 26,069,345 62,790,801 12,666,585TOTAL NET POSITION END OF YEAR $ 18,333,285 $ 11,022,056 $ 8,174,106 $ 26,824,055 $ 64,353,503 $ 12,684,072The notes to the financial statements are an integral part of this statement.43
Page 6 and 7: CITY OF TUKWILA: 2012 CAFRTABLE OF
Page 8: CITY OF TUKWILA: 2012 CAFRADMINISTR
Page 11 and 12: CITY OF TUKWILA: 2012 CAFRLETTER OF
Page 17 and 18: CITY OF TUKWILA: 2012 CAFRAUDITOR
Page 19 and 20: CITY OF TUKWILA: 2012 CAFRAUDITOR
Page 21 and 22: CITY OF TUKWILA: 2012 CAFRMANAGEMEN
Page 37 and 38: CITY OF TUKWILA: 2012 CAFRBASIC FIN
Page 47: CITY OF TUKWILA: 2012 CAFRBASIC FIN
Page 57 and 58: CITY OF TUKWILA: 2012 CAFRNOTES TO
Page 99 and 100:
CITY OF TUKWILA: 2012 CAFRNOTES TO
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
CITY OF TUKWILA: 2012 CAFRREQUIRED
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
CITY OF TUKWILA: 2012 CAFRFUND FINA
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
CITY OF TUKWILA: 2012 CAFRSTATISTIC
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
show all

2012 Comprehensive Annual Financial Report - the City of Tukwila

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?