Okaloosa County BOCC — May 20, 2014 — reading text

$ 226,547 $ 591 $ 227,138 Total $ 226,547 $ 591 $ 227,138 Reconciliation of Operating Income (Loss) to Net Cash Provided (Used) by Operating Activities Operating Income (Loss) $ 41,207 $ (596,475) $ (555,268) Adjustments to Reconcile Operating Income to Net Cash Provided (Used) by Operating Activities Depreciation/Amortization 8,524 401,583 410,107 Decrease (Increase) in Assets Accounts Receivable (7,932) (433,728) (441,660) Due from Other Elected Officials - (2) (2) Prepaid Expenses - (2,142) (2,142) Increase (Decrease) in Liabilities Accounts Payable 11,005 (343,216) (332,211) Service Contracts Payable (319) 8,562 8,243 Due to Other Governments (4,230) (28) (4,258) Compensated Absences Payable 10,537 (5,808) 4,729 Other Accrued Liabilities 414 49,322 49,736 Deferred Revenue 3,678 (30,950) (27,272) Other Post Employment Benefits 788 7,282 8,070 Total Adjustments 22,465 (349,125) (326,660) Net Cash Provided (Used) by Operating Activities $ 63,672 $ (945,600) $ (881,928) 123 Packet Pg. 198 (THIS PAGE INTENTIONALLY LEFT BLANK) Packet Pg. 199  INTERNAL SERVICE FUNDS Internal service funds are used to account for the financing of goods or services provided by one department or agency to other departments or agencies of Okaloosa County and to other government units, on a cost reimbursement basis. Board of County Commissioners Self Insurance This fund is used to account for premiums and claims associated with the provision of self-insurance programs for Okaloosa County. Garage Service Fund This fund is used to account for user charges and expenses associated with vehicle maintenance and the centralized distribution of gasoline and special fuel to various Okaloosa County departments as well as other County agencies. Clerk of the Circuit Court Compensated Absences Fund This fund is used to accumulate and fund the short-term portion of compensated absence liability for the Clerk of the Circuit Court. Sheriff Compensated Absences Fund This fund is used to accumulate and fund the short-term portion of compensated absence liability for the Sheriff. Health Benefits Self Insurance Fund This fund is used to account for premiums and claims associated with the provision of self-insurance of health benefits for the Sheriff and to record the liability for other post employment benefits provided to retirees of the Sheriff. Packet Pg. 200 Packet Pg. 201 Packet Pg. 202  Okaloosa County, Florida COMBINING STATEMENT OF NET POSITION INTERNAL SERVICE FUNDS September 30, 2013 Governmental Clerk of Court Compensated Self Insurance Garage Services Absences ASSETS Current Assets Cash and Cash Equivalents $ 111,142 $ 314 $ 269,338 Investments 22,474 1,360 - Receivables, Net of Allowance for Uncollectibles 75,948 2,170 - Due from Other Elected Officials - 79 - Due from Other Governments - 518,472 - Inventory - 297,228 - Prepaids - 6,126 - Total Current Assets 209,564 825,749 269,338 Noncurrent Assets Capital Assets Land - 316,861 - Buildings - 900,466 - Improvements Other Than Buildings - 257,345 - Machinery and Equipment 23,272 2,794,608 - Less Accumulated Depreciation (23,272) (3,727,878) - Total Capital Assets (Net of Accumulated Depreciation) - 541,402 - Total Noncurrent Assets - 541,402 - Total Assets $ 209,564 $ 1,367,151 $ 269,338 Packet Pg. 203  Statement C-1 Activities Sheriff Sheriff Total Compensated Health Benefits Internal Service Funds Absences Self Insurance (Exhibit VIII) $ 1,382,829 $ 3,529,865 $ 5,293,488 - - 23,834 - - 78,118 - - 79 - 869 519,341 - - 297,228 - - 6,126 1,382,829 3,530,734 6,218,214 - - 316,861 - - 900,466 - - 257,345 - - 2,817,880 - - (3,751,150) - - 541,402 - - 541,402 $ 1,382,829 $ 3,530,734 $ 6,759,616 Continued… 124 Packet Pg. 204  Okaloosa County, Florida COMBINING STATEMENT OF NET POSITION INTERNAL SERVICE FUNDS September 30, 2013 Governmental Clerk of Court Compensated Self Insurance Garage Services Absences LIABILITIES AND NET POSITION Liabilities Current Liabilities Accounts Payable $ 18,396 $ 163,539 $ - Contracts Payable 1,347 4,986 - Accrued Liabilities Compensated Absences 14,971 82,084 269,338 Claims and Judgments 1,881,221 - - Other Accrued Liabilities 7,741 43,511 - Due to Other Funds 5,738 746,933 - Due to Other Governments 174 - - Deferred Revenue 13,358 - - Total Current Liabilities 1,942,946 1,041,053 269,338 Noncurrent Liabilities Compensated Absences 13,896 72,198 - Claims and Judgments 2,613,782 - - Other Post Employment Benefits 2,635 16,547 - Total Noncurrent Liabilities 2,630,313 88,745 - Total Liabilities 4,573,259 1,129,798 269,338 Net Position Invested in Capital Assets, Net of Related Debt - 541,401 - Unrestricted (4,363,695) (304,048) - Total Net Position (4,363,695) 237,353 - Total Liabilities and Net Position $ 209,564 $ 1,367,151 $ 269,338 Packet Pg. 205  Statement C-1 Activities Sheriff Sheriff Total Compensated Health Benefits Internal Service Funds Absences Self Insurance (Exhibit VIII) $ - $ - $ 181,935 - - 6,333 1,369,600 - 1,735,993 - 658,809 2,540,030 - - 51,252 13,229 - 765,900 - - 174 - - 13,358 1,382,829 658,809 5,294,975 - - 86,094 - - 2,613,782 - 3,827,827 3,847,009 - 3,827,827