Okaloosa County BOCC — May 20, 2014 — CAFR_13 — reading text

- 41,408 256,317 66,582 - - (1,497,480) - (1,530,000) - (6,672,765) - (49,945) - (5,199,509) - - 1,175 4,432,102 42,825 (1,730,005) (582,899) (18,062,034) 105,966 Continued… 34  Okaloosa County, Florida STATEMENT OF CASH FLOWS PROPRIETARY FUNDS For the Fiscal Year Ended September 30, 2013 Business-type Activities Water and Sewer Airport System Enterprise Solid Waste NET CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from Sale and Maturities of Investments 16,495,654 7,312,714 353,195 Interest Income 348,090 273,814 10,482 Purchases of Investments - - - Net Cash Provided (Used) by Investing Activities 16,843,744 7,586,528 363,677 Net Increase (Decrease) in Cash and Cash Equivalents 14,445,163 10,200,246 597,864 Cash and Cash Equivalents - Beginning of Year 3,620,871 2,190,030 411,710 Cash and Cash Equivalents - End of Year $ 18,066,034 $ 12,390,276 $ 1,009,574 Cash and Cash Equivalents at End of Year Consist of: Current Assets $ 8,580,151 $ 10,167,422 $ 987,566 Restricted Assets 9,485,883 2,222,854 22,008 Total $ 18,066,034 $ 12,390,276 $ 1,009,574 Reconciliation of Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities Operating Income (Loss) $ 4,598,431 $ (1,613,319) $ 481,328 Adjustments to Reconcile Operating Income to Net Cash Provided (Used) by Operating Activities Depreciation/Amortization 6,907,955 3,913,963 59,988 Other revenue 330,723 12,000 - Decrease (Increase) in Assets Accounts Receivable 313,608 (13,494) 39,727 Due from Other Funds - - - Due from Other Elected Officials 2,788 - - Due from Other Governments 708,715 2,433,819 - Inventories (5,592) (33,349) - Prepaid Expenses 92,432 7,069 -  Exhibit X - Enterprise Funds Governmental Other Activities Convention Enterprise Internal Center Funds Total Service Funds 2,660,397 (70,264) 26,751,696 1,059,524 45,955 5,396 683,737 13,372 - - - (8,759) 2,706,352 (64,868) 27,435,433 1,064,137 4,284,653 105,131 29,633,057 468,196 356,095 122,007 6,700,713 4,825,292 $ 4,640,748 $ 227,138 $ 36,333,770 $ 5,293,488 $ 3,647,873 $ 227,138 $ 23,610,150 $ 5,293,488 992,875 - 12,723,620 - $ 4,640,748 $ 227,138 $ 36,333,770 $ 5,293,488 $ (2,167,304) $ (555,268) $ 743,868 $ (1,625,722) 534,477 410,107 11,826,490 48,053 - - 342,723 - (657) (441,660) (102,476) 3,671 - - - 8,286 - (2) 2,786 158 - - 3,142,534 58,441 - - (38,941) 14,705 4,028 (2,142) 101,387 18,743 Continued… 35  Okaloosa County, Florida STATEMENT OF CASH FLOWS PROPRIETARY FUNDS For the Fiscal Year Ended September 30, 2013 Business-type Activities Water and Sewer Airport System Enterprise Solid Waste Adjustments to Reconcile Operating Income to Net Cash Provided (Used) by Operating Activities - Continued Increase (Decrease) in Liabilities Accounts Payable 457,240 (5,928) 54,937 Service Contracts Payable (417,805) (1,670,028) (520,049) Due to Other Funds - - - Due to Other Elected Officials 44 219 - Due to Other Governments (996) 2,867 (35) Compensated Absences Payable (1,497) (5,201) (1,943) Closure Cost Payable - - (178,106) Claims and Judgments Payable - - - Other Accrued Liabilities 14,457 786 523 Deposits 26,334 - (2,672) Deferred Revenue (165,154) (94,782) - Other Post Employment Benefits 7,809 2,624 787 Total Adjustments 8,271,061 4,550,565 (546,843) Net Cash Provided (Used) by Operating Activities $ 12,869,492 $ 2,937,246 $ (65,515) Noncash Investing, Capital, and Financing Activities: Improvements Acquired Through Contributions $ - $ 287,610 $ -  Exhibit X - Enterprise Funds Governmental Other Activities Convention Enterprise Internal Center Funds Total Service Funds 36,609 (332,211) 210,647 (234,494) 126,518 8,243 (2,473,121) 1,269 - - - 765,900 1,759 - 2,022 - (400) (4,258) (2,822) 174 (5,090) 4,729 (9,002) (8,571) - - (178,106) - - - - (3,611) (1,211) 49,736 64,291 2,302 - - 23,662 - (27,623) (27,272) (314,831) 4,055 1,378 8,070 20,668 244,734 669,788 (326,660) 12,617,911 923,815 $ (1,497,516) $ (881,928) $ 13,361,779 $ (701,907) $ - $ - $ 287,610 $ - The notes to the financial statements are an integral part of this statement. 36  Exhibit XI Okaloosa County, Florida STATEMENT OF FIDUCIARY NET POSITION FIDUCIARY FUNDS September 30, 2013 Agency Funds ASSETS Cash and Cash Equivalents $ 5,112,110 Account Receivables 15,757 Due from Other Funds 669 Due from Other Elected Officials 340 Total Assets 5,128,876 LIABILITIES Liabilities Due to Other Funds $ 7,778 Due to Other Elected Officials 140,619 Due to Other Governments 400,469 Due to Depositors 3,242,479 Taxes Collected in Advance for Other Governments 1,337,531 Total Liabilities 5,128,876 NET POSITION $ - The notes to the financial statements are an integral part of this statement. 37  Okaloosa County, Florida NOTES TO FINANCIAL STATEMENTS Fiscal Year Ended September 30, 2013 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial