Fort Walton Beach — Comprehensive Annual Financial Report September 30, 2013 — reading text

Statement B-1 City of Fort Walton Beach, Florida NON-MAJOR GOVERNMENTAL FUNDS COMBINING BALANCE SHEET September 30, 2013 Special Revenue Funds Beal Total Law Law Community Memorial Nonmajor Enforcement Enforcement Florida Development Cemetery Governmental Trust Trust Training Building Code Block Grant Perpetual Care Debt Service Funds ASSETS Cash and cash equivalents $ 267,794 $ 11,188 $ 195,125 $ - $ 33,279 $ - $ 507,386 Investments - - - - 2,005,963 - 2,005,963 Accounts receivable - - 109 - - - 109 Due from other governments 4,627 - - 16,044 - - 20,671 Cash and cash equivalents - restricted - - - - - 21,156 21,156 TOTAL ASSETS $ 272,421 $ 11,188 $ 195,234 $ 16,044 $ 2,039,242 $ 21,156 $ 2,555,285 LIABILITIES AND FUND BALANCE Liabilities Accounts payable $ - $ - $ 386 $ 11,035 $ 4,017 $ - $ 15,438 Accrued liabilities 4,351 - 11,731 - - - 16,082 Due to other funds - - - 7,754 - - 7,754 Total liabilities 4,351 - 12,117 18,789 4,017 - 39,274 Fund balance Restricted 268,070 11,188 183,117 - - 21,156 483,531 Committed - - - - 2,035,225 - 2,035,225 Unassigned - - - (2,745) - - (2,745) Total fund balance 268,070 11,188 183,117 (2,745) 2,035,225 21,156 2,516,011 TOTAL LIABILITIES AND FUND BALANCE $ 272,421 $ 11,188 $ 195,234 $ 16,044 $ 2,039,242 $ 21,156 $ 2,555,285 79  Statement B-2 City of Fort Walton Beach, Florida NON-MAJOR GOVERNMENTAL FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE Year Ended September 30, 2013 Special Revenue Funds Beal Total Law Law Community Memorial Nonmajor Enforcement Enforcement Florida Development Cemetery Governmental Trust Trust Training Building Code Block Grant Perpetual Care Debt Service Funds REVENUES Permits and fees $ - $ - $ 411,270 $ - $ - $ - $ 411,270 Intergovernmental 16,174 - - 55,412 - - 71,586 Fines and forfeits 33,017 7,215 - - - - 40,232 Miscellaneous 1,253 8 - - 48,795 - 50,056 TOTAL REVENUES 50,444 7,223 411,270 55,412 48,795 - 573,144 EXPENDITURES Current Public safety 29,721 5,904 226,891 - - - 262,516 Physical environment - - - - 8,642 - 8,642 Economic environment - - - 56,151 - - 56,151 Capital outlay 5,432 - 1,262 1,704 - - 8,398 Debt service Principal - - - - - 70,488 70,488 Interest - - - - - 202,719 202,719 Other debt service costs - - - - - 628 628 TOTAL EXPENDITURES 35,153 5,904 228,153 57,855 8,642 273,835 609,542 EXCESS OF REVENUES OVER (UNDER) EXPENDITURES 15,291 1,319 183,117 (2,443) 40,153 (273,835) (36,398) OTHER FINANCING SOURCES (USES) Transfers in - - - - 38,526 181,484 220,010 Transfers out - - - - (3,290) - (3,290) TOTAL OTHER FINANCING SOURCES (USES) - - - - 35,236 181,484 216,720 NET CHANGE IN FUND BALANCE 15,291 1,319 183,117 (2,443) 75,389 (92,351) 180,322 FUND BALANCE (DEFICIT) - BEGINNING OF YEAR 252,779 9,869 - (302) 1,959,836 113,507 2,335,689 FUND BALANCE (DEFICIT) - END OF YEAR $ 268,070 $ 11,188 $ 183,117 $ (2,745) $ 2,035,225 $ 21,156 $ 2,516,011 80  Schedule C-1 City of Fort Walton Beach, Florida LAW ENFORCEMENT TRUST SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL Year Ended September 30, 2013 Budgeted Amounts Variance with Final Budget - Positive Original Final Actual (Negative) REVENUES Intergovernmental $ - $ 16,306 $ 16,174 $ (132) Fines and forfeits - - 33,017 33,017 Miscellaneous 1,800 1,800 1,253 (547) TOTAL REVENUES 1,800 18,106 50,444 32,338 EXPENDITURES Current operations Public safety 16,500 29,685 29,721 (36) Capital outlay - 5,564 5,432 132 TOTAL EXPENDITURES 16,500 35,249 35,153 96 NET CHANGE IN FUND BALANCE (14,700) (17,143) 15,291 32,434 FUND BALANCE - BEGINNING OF YEAR 14,700 17,143 252,779 235,636 FUND BALANCE - END OF YEAR $ - $ - $ 268,070 $ 268,070 81  Schedule C-2 City of Fort Walton Beach, Florida LAW ENFORCEMENT TRUST TRAINING SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL Year Ended September 30, 2013 Budgeted Amounts Variance with Final Budget - Positive Original Final Actual (Negative) REVENUES Fines and forfeits $ 7,000 $ 7,000 $ 7,215 $ 215 Miscellaneous - - 8 8 TOTAL REVENUES 7,000 7,000 7,223 223 EXPENDITURES Current operations Public safety 7,000 7,000 5,904 1,096 NET CHANGE IN FUND BALANCE - - 1,319 1,319 FUND BALANCE - BEGINNING OF YEAR - - 9,869 9,869 FUND BALANCE - END OF YEAR $ - $ - $ 11,188 $ 11,188 82  Schedule C-3 City of Fort Walton Beach, Florida FLORIDA BUILDING CODE SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL Year Ended September 30, 2013 Budgeted Amounts Variance with Final Budget -