Okaloosa County BOCC — May 20, 2014 — CAFR_13

O KALOOSA C OUNTY, FLORIDA C O M P R E H E N S IV E A N N U A L F I N A N C I A L R E P O R T F OR THE YEAR E NDED SEPTEMBER 30, 201 3 PREPARED BY CLERK OF CIRCUIT COURT DON W. HOWARD, CLERK GARY J. STANFORD, FINANCE OFFICER Comprehensive Annual Financial Report Okaloosa County, Florida For the year ended September 30, 2013 Prepared by Clerk of Circuit Court Don W. Howard, Clerk Gary J. Stanford Finance Officer INTRODUCTORY SECTION  OKALOOSA COUNTY, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED SEPTEMBER 30, 2013 TABLE OF CONTENTS Page Exhibit INTRODUCTORY SECTION Table of Contents i Letter of Transmittal iv GFOA Certificate of Achievement xiv Organization Charts xv County Officials xvii FINANCIAL SECTION Independent Auditors' Report 1 Management's Discussion and Analysis 3 Basic Financial Statements Government-wide Financial Statements Statement of Net Position 16 I Statement of Activities 19 II-A & B Fund Financial Statements Balance Sheet - Governmental Funds 21 III-A Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position 22 III-B Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds 23 IV-A Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities 25 IV-B Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual General Fund 26 V County Transportation Trust Special Revenue Fund 27 VI Tourist Developmnet Special Revenue Fund 28 VII Statement of Net Position - Proprietary Funds 29 VIII Statement of Revenues, Expenses, an Changes in Net Position - Proprietary Funds 32 IX Statement of Cash Flows - Proprietary Funds 34 X Statement of Fiduciary Net Position - Fiduciary Funds 37 XI Notes to Financial Statements 38 Required Supplementary Information Schedule of Funding Progress - Post Employment Benefits Plan 89 i  OKALOOSA COUNTY, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED SEPTEMBER 30, 2013 TABLE OF CONTENTS Statement/ Page Schedule Combining and Individual Fund Sta