READ ALONGSIDE THE SOURCE
Fort Walton Beach Council agenda — 03-19-12--special--audit — reading text
Part 12 of 65. These parts divide the reading text for browsing; they are not the source document's page numbers.
Machine-extracted text — fwb-31691-original.pdf
Machine-extracted OCR text · Review label: Machine produced / unreviewed
Compare this copy with the preserved source. Review labels describe the recorded status of this file; they do not guarantee that the text is error-free. Spacing and line breaks are retained, with long lines wrapped to fit the screen.
2. 66OM5 - -
Advances m other fund,
Resuictul assets 1136507
113507
Cash and cash equivalents
36962, 663 $ 2. 404, 953 $ 17. 394. 819
11. 027303 $
TO AL ASSETS
LIABILFI IES AND FUND BALANCE
5. 979 S 28226,
Liabilities
Accounts payahlc 216. 215
633. 891
S 60. 071 $
18. 652 6. 035 658. 1_78
Accrued InAtlities 57 -150
57, 150
Due to , the, Funds 5. 000
5. 000 - -
Dne to depositors 2610177
113337 147,840 -
De@rred revenue
690164 1364.170
9680443 226. 563
Total liabilities
Fund balance
2, 857 963
2 V7.963
Nonsp, ndeblc 3- 736. 100 376A -Is 4. 306. 448
194. 193
Re, tricted 7. 000, 421
5. 040585 1. 959. 836
Cummincd 354. 999
354. 999
Assigned
302) 1. 610818
Unassigned
1' 611' 120
2335689 16. 1311. 649
10. 058 860 3. 736. 100
Towl fund balance
2404. 853 17. 394. 819
11, 027303 3. 962663
To I AL I JABIILTIES AND FUND BALANCE
The accompanying notes are an integral
part of these financial statements.
16
3. 1. a
EXHIBIT IIIB
City of Fort Walton Beach, Florida
GOVERNMENTALFUNDS
RECONCILIATION OF THE BALANCE SHEET TO THE
STATEMENT OF NET ASSETS
September 30, 2012
S 16A30b49
Fund balance- total governmental funds ( page 16)
Amounts reported for gm. ernmental activities m the statement of net assets ere
different because:
Capital assets used in govcrnmental activities are not financial resources and therefore
are not reported in the funds.
10449379
Go, caurn ul nomdepreciable /amortbmble assets
46421. 982
Governmental depreciable /ammozable assets
26. 402371)
Less accumulated depreciation /amanrzution (
30.468. 990
Other assets used in gnvcmmental activities are not current financial resources and
therefore are not reported in the governmental funds.
505.404
Net pension asset
239.956
Bond issuance costs
79. 589)
Less related accumulated amonl" tion (
666. 771
Deferred mvevuc in govcmmental Ponds is susceptible to full accrual on the entity - wide
statements.
Special assessment for street resurfacing 113 337
147- 840
Special assessment for affordable housing
261. 177
Long -term liabilities are not due and payable in the current period and therefore are not
reported in the goccommunal funds.
4. 470, 000)
Revenue bonds payable
41. 856
Discount on bonds payable
661] 96)
Notes pal able 59' 070)
Accrued interest
702441)
Compensated absences
497. 659)
Other pnsbemplo. matt benefas
6. 354 -110)
S 41, 173, 477
Net assets of govemmcmal activlties ( page 14)
The accompanying notes are an integral
part of these financial statements.
3. 1. a
EXHIBIT IVA
City of Fort Walton Beach, Florida
GOVERNMENTAL FUNDS
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
Year Ended September 30, 2012
Other Total
Commi
Redevelopment Governmental Govemmenal
Funds Funds
General Acencv
REVENUES
9, 262. 165 803. 818 S 10. 065983
Taves 2142 995
2. 142. 995
permits and fees 131. 732 3291. 693
2, 519. 868 640. 093
Intergmernmental 969560
s
969. 560
38.737 142. 936
firesFines andand forfeits
Miscellaneuos
forfeit,
488m939
104. 199 32. 407 16629 537. 975
1476318 187, 098 17. 151. 14'_
15487726
FOTAI. REVENUES
EXPENDITURES
Current 3. 899. 740
General eovcrnmentul services
3. 899. 740
387. 612 71. 272 9. 15400'_
8. 735. 118