Fort Walton Beach Council agenda — 03-19-12--special--audit — reading text

FINANCING ACTIVITIES y 17' 147) Transfers out nE CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES U Acquisitions of capital assets 85, 591) ti 50 Proceeds from disposal of capital assets ry 27502 Capital grants and contributions 58, 039) Net cash provided ( used) by capital and related financing activities M NET CASH PLOWS FROM INVESTING ACTIVITIES 3. 240 Interest income w 0 NET INCREASE ( DECREASE) IN CASH AND CASH EQUIVALENTS 78, 084 o 402101 CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR 480, 285 CASH AND CASH EQUIVALENTS - END OF YEAR RECONCILIATIONRECONCILIATION OFOF OPERATINGOPERATING INCOMEINCOME TOTO NETNET CASHCASH PROVIDEDPROVIDED BYBY OPERATING OPERATING ACTIVITIESACTIVITIES SS 80,80, 495495 OperatingOperating incomeincome Adjustments to reconcile operating income to net cash provided by operatingoperating activitiesactivities 72,72, 635635 DepreciationDepreciation Miscellaneous revenue 2,2, 816816 Decrease ( increase) in assets 28, 051) AccountsAccounts receivable receivable IncreaseIncrease ( ( decrease)decrease) inin liabilitiesliabilities AccountsAccounts payablepayable 26.26. 799799 1, 483 Compensated absences payable 1. 575 WagesWages 3, 043 Other liabilities 1,1, 567567 OtherOther postpost - - employmentemployment benefitsbenefits 12, 332) Deferred revenue 150, 030 Net cash provided by operating activities 92 Pacitit Pg. 125  3. 1. a THIS PAGE INTENTIONALLY LEFT BLANK.) P3CPg'  3. 1. a III. STATISTICAL SECTION This section contains statistical tables reflecting various supplemental financial data concerning General Government and Proprietary Fund Operations. Wben applicable, a 10 -year history has been depicted to disclose trends in finance- related matters. These tables have been included as a part of this report for information purposes only, and therefore, have not been subjected to audit by the City' s independent certified public accountants.  3. t. a The statistical section of the City' s comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures and required supplementary information says about the City' s overall financial health. Financial Trends these schedules contain trend information to help the reader understand bow the City' s financial performance and well -being have changed over time. Revenue Capacity These schedules contain information to help the reader assess the City' s most significant local revenue source, the property tax. Debt Capacity These schedules present information to help the reader assess the affordability of the City' s current levels of outstanding debt and the City' s ability to issue additional debt in the future. Demographic and Economic Information These schedules offer demographic and economic indicators to help the reader understand the environment within which the Citys financial activities take place. Operating Information These schedules contain service and infrastructure data to help the reader understand how the information in the City' s financial report relates to the services the City provides and the activities it performs. Sources: Unless otherwise noted the information in these . schedules is derived from the comprehensive annual financial reports for the relevant year. The City implemented GASB 34 in 2002; schedules presenting government -wide information include information beginning in that year.  33. . KaKaa L@CUL RR r CC zEzE bb EE pp CaNCaN dd nn 33 00 UU e rLNrLNL L CiNtCiNtN y C S C NN IV, OO PP YY OO 3 o KK UU EE G G LLCLCL CC bb YY taNnvG EE UU mm MM dd EE UU 44 1:10,1:10, EE 33 EE' ' 44 EE E_E_ z-z- EE NN