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HomeMy WebLinkAbout1993 FinancialsCITY OF PASCO, WASHINGTON SPECIAL REVENUE FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES -BUDGET AND ACTUAL Exhibit B-2, continued FOR THE VEAR ENDED DECEMBER 31, 1993 (WITH COMPARATIVE TOTALS FOR 1992) WASTEWATER TREATMENT DEVELOPEMENT STADIUM/CONVENTION CENTER VARIANCE VARIANCE Favorable Favorable BUDGET ACTUAL (Unfavorable) BUDGET ACTUAL (Unfavorable) REVENUES Taxes $ 0 $ 0 $ 0 $ 125,000 $ 141,806 $ 16,806 Licenses & Permits 0 0 0 0 0 0 Intergovernmental Revenue 0 0 0 0 0 0 Charges For Services 0 0 0 0 0 0 Interest 0 (298) (298) 37,600 36,785 (815) Miscellaneous Revenues 300,500 300,557 57 0 0 0 Total Revenues 300,500 300,259 (241) 162,600 178,591 15,991 EXPENDITURES Current: Security of Persons and Property 0 0 0 0 0 0 Physical Environment 0 0 0 0 0 0 Transportation 0 0 0 0 0 0 Economic Environment 0 0 0 0 0 0 Culture & Recreation 0 0 0 77,000 87,160 (10,160) Capital Outlays 326,500 325,152 1,348 0 0 0 Total Expenditures 326,500 325,152 1,348 77,000 87,160 (10,160) Excess (Deficiency) of Revenues over Expenditures (26,000} (24,893} 1,107 85,600 91,431 5,831 OTHER FINANCING SOURCES (USES) Proceeds From Sales of Assets 0 0 0 0 0 0 Interest Expense 0 0 0 0 0 0 Operating Transfers -In 26,000 0 (26,000) 0 0 0 Operating Transfers -(Out) 0 0 0 0 0 0 Total Other Financing Sources (Uses) 26,000 0 (26,000) 0 0 0 Excess (Deficiency) of Revenues and Other Financing Sources Over Expenditures and Other Financing Uses 0 (24,893) (24,893) 85,600 91,431 5,831 Fund Balances, Jan. 1 (1,725) 46,773 48,498 421,200 958,575 537,375 Prior Period Adjustments 0 0 0 0 0 0 Residual Equity Transfers-In 0 0 0 0 0 0 Fund Balances, Dec. 31 $ 21,880 $ 506,800 $1,050,006 $ 543,206 See Accompanying Notes to Financial Statements. CITY OF PASCO, WASHINGTON ENTERPRISE FUNDS COMBINING BALANCE SHEET AS OF DECEMBER 31, 1993 (WITH COMPARATIVE TOTALS FOR 1992) ASSETS Current Assets Cash Cash with Fiscal Agent Receivables, net: Accounts Interest Grants Note Receivable lnterfund Loans Receivable Inventories Prepaid Expenses Total Current Assets Restricted Assets Bond Reserve/Redemption Reserved for Debt Service & Capital Expansion Construction Fund Reserve Deposits Customer Construction Total Restricted Assets Property Plant & Equipment Land/Structures/Improvements/Equipment Less: Accumulated Depreciation Construction Work in Progress Total Property, Plant & Equipment Deferred Debits Unamortized Investment Premium Unamortized Debt Discount Total Deferred Debits TOTAL ASSETS See Accompanying Notes to Financial Statements. $ 1993 1,287,253 5,140 195,590 0 844,494 0 18,920 164,248 8,575 2,524,220 827,925 343,288 0 7,243 15,510 1,193,966 22,707,988 (9,135,083) 587,352 14,160,257 0 48,968 48,968 $ 17,927,411 Exhibit E-1 $ 1992 249,099 5,140 112,744 0 1,093,084 0 18,920 157,049 8,404 1,644,440 764,241 85,554 44,999 5,443 5,470 905,707 20,064,603 (8,596,464) 2,463,539 13,931,678 0 60,792 60,792 $ 16,542,617 1993 1992 LIABILITIES AND EQUITY Current Liabilities Accounts Payable $ 61,874 $ 23,554 Matured Bonds Payable 5,000 5,000 Matured Interest Payable 140 140 Due to Other Governments (685) 1,023 Retainage Payable 4,581 18,585 Total Current Liabilities 70,910 48,302 Payable from Restricted Assets Accrued Bond Interest 51,911 58,341 Deposits Payable 22,753 10,913 Total Payable from Restricted Assets 74,664 69,254 Long-Term Liabilities Accrued Employee Benefits 44,197 46,951 Bonds Payable 2,215,000 2,505,000 loan Payable 881,316 930,460 Total Long-Term Liabilities 3,140,513 3,482,411 Deferred Credits Other Deferred Credits 243,171 211,970 Total Liabilities 3,529,258 3,811,937 EQUITY Contributed Capital Municipal 287,240 294,431 Customers 2,256,047 2,087,033 Intergovernmental 2,517,261 2,580,279 Total Contributed Capital 5,060,548 4,961,743 Retained Earnings: Reserved for lnterfund Loans 18,920 18,920 Unreserved 9,318,685 7,750,017 Total Retained Earnings 9,337,605 7,768,937 Total Fund Equity 14,398,153 12,730,680 TOTAL LIABILITIES AND EQUITY $17,927,411 $ 16,542,617 AGENCY FUNDS TOTALS CLAIMS METRO DRUG CLEARING TASK FORCE 1993 1992 $ 317,274 $ 295,969 $ 1,473,697 $ 1,207,164 0 0 344,920 344,920 0 0 590,931 501,190 0 0 186,061 159,425 0 67,375 67,375 0 0 0 349,713 432,186 $ 363,344 $ 3,012,697 $ 2,644,885 $ 317,274 $ 0 $ 366,464 $ 140,467 0 51,659 51,659 1 0 0 58 58 0 77,050 76,709 2,933 0 0 591,272 500,945 317,274 128,709 1,086,162 644,404 0 0 349,713 432,186 0 234,635 1,576,822 1,568,295 0 234,635 1,926,535 2,000,481 $ 317,274 $ 363,344 $ 3,012,697 $ 2,644,885 CITY OF PASCO, WASHINGTON CEMETERY NON-EXPENDABLE TRUST FUND COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 1993 AND 1992 ASSETS Cash Investments Accounts Receivable Interest Receivable lnterfund Loans Receivable TOTAL ASSETS LIABILITIES Deferred Revenue FUND BALANCES Reserved for lnterfund Loans Other Reserves TOTAL LIABILITIES AND FUND BALANCES See Accompanying Notes to Financial Statements. $ $ $ $ Exhibit G-2 1993 1992 147,590 $ 129,204 0 0 (341) 245 0 0 22,800 31,200 170,049 $ 160,649 (341} $ 245 22,800 31,200 147,590 129,204 170,390 160,404 170,049 $ 160,649 Exhibit G-3 CITY OF PASCO, WASHINGTON CEMETERY NON-EXPENDABLE TRUST FUND COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN FUND BALANCES FOR THE YEARS ENDED DECEMBER 31, 1993 AND 1992 NON-EXPENDABLE TRUST CEMETERY 1993 1992 OPERATING REVENUES Charges for Services $ 9,986 $ 6,764 EXPENSES 0 0 Operating Income 9,986 6,764 NON-OPERATING REVENUES Interest Income 7,287 8,850 OTHER FINANCING USES Operating Transfers -(Out) (7,287} (8,850} Net Income 9,986 6,764 Fund Balances, January 1 160,917 154,153 Prior Period Adjustment (513) 0 Fund Balances, December 31 $ 170,390 $ 160,917 See Accompanying Notes to Financial Statements. CITY OF PASCO, WASHINGTON CEMETERY NON-EXPENDABLE TRUST FUND STATEMENT OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 1993 AND 1992 Cash flows from operating Activities: Cash received from users Net cash provided by operating activites Cash Flows From Noncapital Financing Activities Payments To Other Funds Net Cash Uses By Noncapital Financing Activities Cash Flows From Investing Activities: Interest Income Loan Payment Received Net Cash Provided By Investing Activities Net Increase In Cash And Cash Equivalents Cash and cash equivalents, January 1 Cash and cash equivalents, December 31 $ Exhibit G-4 1993 1992 9,986 $ 6,519 9,986 6,519 (7,287) (8,850} (7,287) (8,850) 7,287 9,336 8,400 16,300 15,687 25,636 18,386 23,305 129,204 105,899 147,590 129,204 RECONCILIATION OF OPERATING INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES Operating Income Adjustments to reconcile operating income to net cash provided by operating activities: Increase in Accounts Receivable Decrease in deffered revenue Net cash provided by operating activities See Accompanying Notes to Financial Statements. $ $ 9,986 586 (586} 9,986 $ 6,764 (245) 0 $ 6,519 CITY OF PASCO, WASHINGTON FIRE PENSION TRUST FUND COMPARATIVE BALANCE SHEETS AS OF DECEMBER 31, 1993 AND 1992 ASSETS Cash Investments Interest Receivable lnterfund Loans Receivable TOTAL ASSETS LIABILITIES AND FUND BALANCES LIABILITIES Accounts Payable Due Other Governments Total Liabilities FUND BALANCES Reserved for lnterfund Loans Other Reserves Total Fund Balances TOTAL LIABILITIES AND FUND BALANCES See Accompanying Notes to Financial Statements. Exhibit G-5 1993 1992 $ 663,674 $ 582,209 344,920 344,920 186,061 159,425 326,913 400,986 $1,521,568 $1,487,540 $ 0 $ 0 58 58 58 58 326,913 400,986 1,194,597 1,086,496 1,521,510 1,487,482 $1,521,568 $1,487,540 Exhibit G-6 CITY OF PASCO, WASHINGTON FIRE PENSION TRUST FUND COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN FUND BALANCES FOR THE YEARS ENDED DECEMBER 31, 1993 AND 1992 OPERATING REVENUES Intergovernmental Revenue OPERATING EXPENSES Pension Services Net Operating Income (Loss) OTHER INCOME Interest Income Net Income Fund Balances, January 1 Prior Period Adjustment Fund Balances, December 31 See Accompanying Notes to Financial Statements. PENSION TRUST FUND FIRE PENSION 1993 1992 $ 19,531 $ 17,594 63,040 62,470 (43,509) (44,876) 77,537 89,062 34,028 44,186 1,462,668 1,418,482 24,814 0 $1,521,510 $1,462,668 CITY OF PASCO, WASHINGTON FIRE PENSION TRUST FUND STATEMENT OF CASH FLOW FOR THE YEARS ENDED DECEMBER 31, 1993 AND 1992 Cash flows from operating activities: Cash received from users Cash payments to employees Net cash used by operations Cash flows from investing activities: Principal received on loan receivable Monies loaned to other funds Interest received Net cash provided by investing activities Net increase in cash Cash, January 1 Cash, December 31 RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED BY OPERATING ACTIVITES Operating income (loss) Adjustments to reconcile operating income to net cash provided by operating activities: Decrease in accounts payable Net cash used by operating activities See Accompanying Notes to Financial Statements. Exhibit G-7 1993 1992 $ 19,531 $ 17,594 (63,040) {62,470) (43,509) {44,876) 74,073 53,884 0 0 50,901 67,502 124,974 121,386 81,465 76,510 582,209 505,699 $ 663,674 $ 582,209 $ (43,509) $ (44,876) 0 0 $ (43,509) $ (44,876) CITY OF PASCO, WASHINGTON AGENCY FUNDS STATEMENT OF CHANGES IN ASSETS ANO LIABILITIES FOR THE YEAR ENDED DECEMBER 31, 1993 DEFERRED COMPENSATION Balance Net Balance January 1, Additions/ December 31, 1993 -Deletions 1993 ASSETS Cash $ 0 $ 0 $ 0 Imprest Cash 0 0 0 Accounts Receivable 500,945 0 500,945 Interest Receivable 0 0 0 Grants Receivable 0 0 0 TOTAL ASSETS $ 0 $ 500,945 LIABILITIES Outstanding Checks Payable $ 0 $ 0 $ 0 Accounts Payable 0 0 0 Deferred Revenue 0 0 0 Deferred Compensation 500,945 0 500,945 TOTAL LIABILITIES 500,945 0 500,945 FUND BALANCES Reserves 0 0 0 TOTAL LIABILITIES AND FUND BALANCES $ 500,945 See Accompanying Notes to Financial Statements. Exhibit G-8 METRO DRUG TASK FORCE Balance Net Balance January 1, Additions/ December 31, 1993 -Deletions 1993 $ 354,334 $ (59,315) $ 295,019 950 0 950 0 0 0 0 0 0 0 67,375 67,375 $ 355,284 $ 8,060 $ 363,344 $ 0 $ 0 $ 0 51,658 51,659 2,688 74,362 77,050 0 0 0 2,689 126,020 128,709 352,595 117,960 234,635 $ 355,284 $ 243,980 $ 363,344 CITY OF PASCO, WASHINGTON SCHEDULE OF LONG-TERM DEBT GENERAL LONG-TERM DEBT ACCOUNT GROUP AS OF DECEMBER 31, 1993 AND 1992 AMOUNT AVAILABLE AND TO BE PROVIDED Amount Available in Debt Service Funds Amount to be Provided for Other Long-Term liabilities Amount to be Provided for Bond Payments TOTAL AMOUNT AVAILABLE AND TO BE PROVIDED GENERAL LONG-TERM DEBT PAYABLE Accrued Employee Leave Benefits General Obligation Bonds Payable L.l.D. Bonds Payable Other Long-Term liabilities Certificates of Participation TOTAL GENERAL LONG-TERM DEBT See Accompanying Notes to Financial Statements. $ $ $ $ 1993 1992 1,260,230 $ 1,877,471 535,890 496,400 6,235,564 1,905,470 8,031,684 $ 4,279,341 535,890 $ 496,400 5,415,000 720,000 10,000 935,000 150,794 197,941 1,920,000 1,930,000 8,031,684 $ 4,279,341 CITY OF PASCO, WASHINGTON SCHEDULE 16 SCHEDULE OF FINANCIAL ASSISTANCE YEAR ENDED DECEMBER 31, 1993 TYPE OF ASSISTANCE REPORTED ON THIS PAGE [ X I Federal Assistance Received Directly From A Federal Agency or Indirectly Through A State Agency Or Other Local Government I I Government Assistance Received From State Agencies Or Local Governments Grantor/ BARS Federal Other Total Balance at Current Year Award Pass-Through Granter Account CFDA Identification Award Beginning of Awards And Current year Current Year Balance at Pro ram Title Number Number Number Amount Current Year Amendments Revenues E enditures Year-End INDIRECT FEDERAL ASSISTANCE: Wa. St. D.O.T. 333.22 20.205 M-3569(001) $146,915 $2,982 $0 $1,419 $126 NIA Oregon Avenue Wa. St. D.O.T. 333.22 20.205 BRM-3407-(2) 2,552,000 82,873 0 17,377 17,137 65,496 Removal of Old Bridge Wa. St. D.O.T. 333.22 20.205 HES-3528(1) 146,300 14,732 0 -1,291 0 N/A 20th & Sylvester Signal System 2,845,215 100,587 0 17,505 17,263 65,496 Wash. State Energy Office 334.03 81.999 91-19-09 4,025 0 0 4,025 4,025 0 BPA Total State of Washington 2,849,240 100,587 0 21,530 21,288 65,496 Office of Aging & Long-Term Care 333.63 93.633 92-009-391 (PA) 8,360 0 0 8,360 14,319 N/A Foot Care Office of Aging & Long-Term Care 333.29 93.633 92-009-341 (PA) 8,000 0 0 7,685 18,729 N/A Transportation Total Office of Aging & Long-Term Care 16,360 0 0 16,045 33,048 0 Franklin County 333.61 93.633 92-009-342(PA) 125,975 0 0 109,828 111,110 N/A Information & Assistance Total Federal CFDA # 93.633 $142,335 $0 $0 $125,873 $144,158 $0 MCAG NO. 0292