County of Volusia, Florida Comprehensive Annual Financial Report For the Fiscal Year Ended September 30, 2009
INTRODUCTORY SECTION
Title Page
Acknowledgements
Table of Contents
Letter of Transmittal
Certificate of Achievement for Excellence in Financial Reporting
Principal County Officials
County Council
Organization Chart
FINANCIAL SECTION
Independent Auditors’ Report
Management’s Discussion and Analysis
Basic Financial Statements:
Government-wide Financial Statements:
Statement of Net Assets
Statement of Activities
Fund Financial Statements:
Balance Sheet – Governmental Funds
Statement of Revenues, Expenditures, and Changes in Fund Balances – Governmental Funds
Statement of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual – General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual – Municipal Service District
Statement of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual – Federal and State Grants
Statement of Net Assets – Proprietary Funds
Statement of Revenues, Expenses, and Changes in Fund Net Assets – Proprietary Funds
Statement of Cash Flows – Proprietary Funds
Statement of Fiduciary Net Assets – Fiduciary Funds
Statement of Changes in Fiduciary Net Assets – Fiduciary Funds
Statement of Net Assets – Component Units
Statement of Activities – Component Units
Notes to the Financial Statements
Required Supplementary Information:
Volunteer Firefighters Pension Plan
Other Post-Employment Pension Plan
Supplementary Information:
Combining Balance Sheet – Nonmajor Governmental Funds –
Special Revenue Funds
Debt Service Funds
Capital Projects Funds
Combining Balance Sheet – All Nonmajor Governmental Funds
Combining Statement of Revenues, Expenditures, and Changes in
Fund Balances – Nonmajor Governmental Funds –
Special Revenue Funds
Debt Service Funds
Capital Projects Funds
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances –
All Nonmajor Governmental Funds
Schedule of Revenues, Expenditures, and Changes in
Fund Balances – Budget and Actual –
Special Revenue Funds:
County Transportation Trust
Library
East Volusia Mosquito Control District
Resort Tax
Sales Tax Trust
Convention Development Tax
Ponce Inlet Port Authority
E-911 Emergency Telephone System
Special Lighting Districts
Ocean Center
Manatee Conservation
Road Impact Fees
Park Impact Fees
Fire Services
Fire Impact Fees
Silver Sands/Bethune Beach Municipal Service District
Gemini Springs Addition
Stormwater Utility
Volusia ECHO
Volusia Forever
Law/Beach Enforcement Trust
Federal Forfeiture Sharing
State Housing Incentive Program (S.H.I.P.)
Library Endowment
Debt Service Funds:
Limited Tax General Obligation Bonds
Subordinate Lien Sales Tax Revenue Bonds
Gas Tax Revenue Bonds
Tourist Development Tax Refunding Revenue Bonds
Capital Improvement Revenue and Refunding Bonds
Lease Purchase Agreements
Schedule of Revenues, Expenditures, and Changes in
Fund Balances – Budget and Actual – From Inception –
Capital Projects Funds:
Volusia Forever
Ocean Center Expansion
Bond Funded Road Program
Volusia County Courthouse Construction
Beach
Trails
Information Technology
Deltona Library Expansion
DeLand Complex
Branch Jail
Sheriff's Evidence Complex
Other
Internal Service Funds
Combining Statement of Net Assets – Internal Service Funds
Combining Statement of Revenues, Expenses, and Changes in
Fund Net Assets – Internal Service Funds
Combining Statement of Cash Flows – Internal Service Funds
Agency Funds
Schedule of Changes in Assets and Liabilities – All Agency Funds
STATISTICAL SECTION
Statistical Section Table of Contents
Schedule 1 Primary Government Net Assets By Component – Last Nine Fiscal Years
Schedule 2 Changes in Net Asserts – Last Nine Fiscal Years
Schedule 3 Fund Balances – Governmental Funds – Last Ten Fiscal Years
Schedule 4 Changes in Fund Balances – Governmental Funds – Last Ten Fiscal Years
Schedule 5 Assessed Value and Actual Value of Taxable Property – Last Ten Fiscal Years
Schedule 6 Direct and Overlapping Property Tax Rates – Last Ten Fiscal Years
Schedule 7 Principal Property Taxpayers – Current Year and Nine Years Ago
Schedule 8 Property Tax Levies and Collections – Last Ten Fiscal Years
Schedule 9 Ratios of Outstanding Debt By Type – Last Ten Fiscal Years
Schedule 10 Ratios of Net General Bonded Debt Outstanding – Last Ten Fiscal Years
Schedule 11 Computation of Direct And Overlapping Debt – September 30, 2009
Schedule 12 Legal Debt Margin Information – September 30, 2009
Schedule 13 Pledged Revenue Coverages – Last Ten Fiscal Years
Schedule 14 Demographic Statistics – Last Ten Fiscal Years
Schedule 15 Principal Employers – Current Year And Six Years Ago
Schedule 16 Full-Time Equivalent County Government Employees by Function/Program
Last Ten Fiscal Years
Schedule 17 Operating Indicators By Function/Program – Last Six Fiscal Years
Schedule 18 Capital Asset Statistics By Functional Department – Last Six Fiscal Years
COMPLIANCE SECTION
Report on Internal Control Over Financial Reporting and on Compliance and Other Matters
Based on an Audit of Financial Statements Performed in Accordance
with Government Auditing Standards.
Schedule of Expenditures of Federal Awards and State Financial Assistance
Schedule of Findings and Questioned Costs for the Year Ended September, 30, 2009
Schedule of Passenger Facility Charges (PFC) Collected and Expended
Report on Compliance with Requirements Applicable to Each Major Federal Program,
Each Major State Project, and Passenger Facility Charge Program and on Internal Control
Over Compliance in Accordance with OMB Circular A-133, Chapter 10.550,
Rules of the Auditor General, and Passenger Facility Charge
Audit Guide for Public Agencies
Independent Auditors' Management Letter Required by Chapter 10.550,
Rules of the Auditor General
Management Responses to Auditors' Report on Internal Control over Financial Reporting
