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CAMERON PARISH POLICE JURYCameron, Louisiana
Annual Basic Financial StatementsWith Independent Auditors9 Report
As of and For the Year EndedDecember 31,2006
With Supplemental Information Schedules
Under provisions of state law, this report is a publicdocument. Acopy of the report has been submitted tothe entity and other appropriate public officials. Thereport is available for public inspection at the BatonRouge office of the Legislative Auditor and, whereappropriate, at the office of the parish clerk of court.
Release Date
CAMERON PARISH POLICE JURYCameron, Louisiana
Annual Basic Financial StatementsWith Independent Auditors' Report
As of and For the Year Ended December 31,2006With Supplemental Information Schedules
CONTENTS
Independent Auditors' Report
Required Supplementary Information - Part I
Management's Discussion and Analysis
Basic Financial Statements:
Statement Page
1
Government-Wide Financial Statements:
Statement of Net Assets
Statement of Activities
Fund Financial Statements:
Governmental Funds:
Balance Sheet
Reconciliation of the Governmental FundsBalance Sheet to the Statement of Net Assets
Statement of Revenues, Expenditures, andChanges in Fund Balances
Reconciliation of the Governmental Funds Statementof Revenues, Expenditures, and Changes in FundBalances to the Statement of Activities
Fiduciary Funds:
Statement of Fiduciary Net Assets
Statement of Changes in Fiduciary Net Assets
A
B
D
G
H
9
10
11
12
13
15
16
17
CAMERON PARISH POLICE JURYCameron, Louisiana
Annual Basic Financial StatementsWith Independent Auditors' Report
As of and For the Year Ended December 31,2006With Supplemental Information Schedules
CONTENTS (CONT.)
Schedule Page
Notes to the Financial Statements 18
Required Supplementary Information - Part n
Schedule of Revenues, Expenditures, and Changes in Fund Balances -Budget (GAAP) and Actual - General Fund 1 36
Schedule of Revenues, Expenditures, and Changes in Fund Balances -Budget (GAAP) and Actual - Road and Bridge Fund 2 37
Notes to Statement of Revenues, Expenditures, andChanges in Fund Balances - Budget (GAAP) Basisand Actual 38
Supplemental Information - Part I
Non-Major Governmental Funds:Combining Balance Sheet 3 39Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances 4 40
Special Revenue Funds:Combining Balance Sheet 5 41Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances 6 47
Debt Service Funds:Combining Balance Sheet 7 54Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances 8 57
Independent Auditors9 Reports on Internal Control and Compliance:
Independent Auditors* Report on Internal Control OverFinancial Reporting and on Compliance and Other MattersBased on an Audit of Financial Statements Performed in AccordanceWith Government Auditing Standards 60
Independent Auditors' Report on Compliance With RequirementsApplicable to Each Major Program and Internal Control OverCompliance in Accordance With OMB Circular A-133 62
Schedule of Findings and Questioned Costs 9 64
Summary Schedule of Prior Audit Findings 10 66
Supplemental Information - Part II
Schedule of Compensation Paid Board Members 11 67
Schedule of Expenditure of Federal Awards 12 68
Notes to Schedule of Expenditure of Federal Awards 69
LITTLE & ASSOCIATES LLCCERTIFIED PUBLIC ACCOUNTANTS
Wm. TODO LITTLE, CPACHARLES R. MARCHBANKS, Jft., CPA
Independent Auditors' Report
To the Members of theCameron Parish Police Jury
Cameron, Louisiana
We have audited the accompanying financial statements of the governmental activities, each major fond,-and-the-aggregate remaining fund information of the Cameron Parish Police Jury, as of and for the yearended December 31, 2006, which collectively comprise the Cameron Parish Police Jury's basic financialstatements as listed in the table of contents. These financial statements are the responsibility of theCameron Parish Police Jury's management. Our responsibility is to express opinions on these financialstatements based on our audit.
We conducted our audit in accordance with auditing standards generally accepted in the United States ofAmerica and the standards applicable to financial audits contained in Government Auditing Standards,issued by the Comptroller General of the United States. Those standards require that we plan and performthe audit to obtain reasonable assurance about whether the financial statements are free of materialmisstatement. An audit includes examining, on a test basis, evidence supporting the amounts anddisclosures in the financial statements. An audit also includes assessing the accounting principles usedand significant estimates made by management, as well as evaluating the overall financial statementpresentation. We believe that our audit provides a reasonable basis for our opinions.
In our opinion, the financial statements referred to above present fairly, in all material respects, therespective financial position of the governmental activities, each major fund, and the aggregate remainingfund information of the Cameron Parish Police Jury as of December 31, 2006, and the respective changesin financial position thereof for the year then ended in conformity with accounting principles generallyaccepted in the United States of America.
In accordance with Government Auditing Standards, we have also issued a report dated August 28, 2007,on our consideration of the Cameron Parish Police Jury's internal control over financial reporting and onour tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreementsand other matters. The purpose of that report is to describe the scope of our testing of internal controlover financial reporting and compliance and the results of that testing, and not to provide an opinion onthe internal control over financial reporting or on compliance. That report is an integral part of an auditperformed in accordance with Government Auditing Standards and should be considered in assessing theresults of our audit
Management's Discussion and Analysis and the budgetary comparison schedules on pages 3 through 8and 36 through 37, respectively, are not a required part of the basic financial statements but aresupplementary information required by accounting principles generally accepted in the United States ofAmerica. We have applied certain limited procedures, which consisted principally of inquiries of
PHONE (318) 361-9600 » RMC (318) 361-9020 » SOS NORTH 31" STREET • MONROE. LA 71201MAILJNQ ADDRESS; P. O. BOX 4058 • MONROE, LA 71211-4068
management regarding the methods of measurement and presentation of the required supplementaryinformation. However, we did not audit the information and express no opinion on it.
Our audit was conducted for the purpose of forming opinions on the financial statements that collectivelycomprise the Cameron Parish Police Jury's basic financial statements. Our report on our audit of thefinancial statements of the Cameron Parish Police Jury as of and for the year ended December 31, 2006,appears on page 1. The supplemental information schedules listed in the table of contents is presented forthe purpose of additional analysis and is not a required part of the basic financial statements. Suchinformation has been subjected to the auditing procedures applied in the audit of the basic financialstatements, and, in our opinion, the information is fairly stated in all material respects in relation to thebasic financial statements taken as a whole.
Monroe, LouisianaAugust 28, 2007
REQUIRED SUPPLEMENTARY INFORMATION
PARTI
CAMERON PARISH POLICE JURY
MANAGEMENT'S DISCUSSION AND ANALYSIS
AS OF AND FOR THE YEARENDED DECEMBER 31,2006
As Management of the Cameron Parish Police Jury, we offer readers of the Cameron ParishPolice Jury's financial statements this narrative overview and analysis of the financial activitiesof the Cameron Parish Police Jury as of and for the fiscal year ended December 31, 2006. Weencourage readers to consider the information presented here in conjunction with the PoliceJury's basic financial statements and supplementary information provided'in this report inassessing the efficiency and effectiveness of our stewardship of public resources.
The Management's Discussion and Analysis (MD&A) is an element of the new reporting modeladopted by the Governmental Accounting Standards Board (GASB) in their Statement No. 34,Basic Financial Statements - and Management's Discussion and Analysis - for State and LocalGovernments issued June 1999. Certain comparative information between the current year andthe prior year is required to be presented in the MD&A.-
OVERVIEW OF THE FINANCIAL STATEMENTS
This discussion and analysis are intended to serve as an introduction to the Cameron ParishPolice Jury's basic financial statements. The Police Jury's basic financial statements comprise ofthree components: 1) government-wide financial statements, 2) fund financial statements, and 3)notes to the financial statements. This report also contains other supplemental information hiaddition to the basic financial statements themselves.
Government-Wide Financial Statements. The government-wide financial statements aredesigned to provide readers with a broad view of the Cameron Parish Police Jury's finances, in amanner similar to a private-sector business.
The statement of net assets presents information on all of the Cameron Parish Police Jury assetsand liabilities, with the difference between the two reported as net assets. Over time, increasesor decreases in net assets may serve as a useful indicator of whether the financial position of theCameron Parish Police Jury is improving or deteriorating.
The statement of activities presents information showing how the government's net assetschanged during the most recent fiscal year. All changes in net assets are reported as soon as theunderlying event giving rise to the change occurs; regardless of timing of related cash flows.Thus, revenues and expenses are reported in this statement for some items that will only result incash flows in future fiscal periods (for example, earned but unused vacation leave).
The government-wide financial statements can be found on pages 9-10 of this report.
Fund Financial Statements. The fund financial statement focus on current available resourcesand are organized and operated on the basis of funds, each of which is defined as a fiscal and
accounting entity with a self-balancing set of accounts established for the purpose of carrying onspecific activities or attaining certain objectives in accordance with special regulations,restrictions, or limitations. All of the funds of the Police Jury can be divided into two categories:governmental funds and proprietary funds.
Governmental Funds. Governmental funds are used to account for essentially the samefunctions reported as governmental activities in the government-wide financial statements.However, unlike the government-wide financial statements, governmental fund financialstatements focus on near-term inflows and outflows of spendable resources, as well as onbalances of spendable resources available at the end of the fiscal year. Such information may beuseful in evaluating a government's near-term financing requirements.
Because the focus of governmental funds is narrower than that of the government-wide financialstatements, it is useful to compare the information presented for governmental funds with similarinformation presented for governmental activities hi the government-wide financial statements.By doing so, readers may better understand the long-term impact of the government's near-termfinancing decisions. Both the governmental fund balance sheet and governmental fund statementof revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate thiscomparison between governmental funds and governmental activities.
The Cameron Parish Police Jury maintains 29 individual governmental funds. Information as ofand for the year ended December 31, 2006, is presented separately in the governmental fundbalance sheet and in the governmental fund statement of revenues, expenditures, and changes infund balances for the General Fund and the Road and Bridge Maintenance Fund, which areconsidered to be major funds.
The Cameron Parish Police Jury adopts an annual appropriated budget for the general fund andthe special revenue funds. A budgetary comparison statement is provided for the major funds todemonstrate compliance with this budget.
The governmental fund financial statements can be found on pages 11 and 13 of this report.
Notes to the Financial Statements. The notes provide additional information that is essential toa full understanding of the data provided in the government-wide and fund financial statements.The notes to the financial statements can be found on pages 18 - 35 of this report.
Supplemental Information. In addition to the basic financial statements and accompanyingnotes, this report also presents required supplemental information concerning the CameronParish Police Jury's compliance with budgets for its major funds. Also, other supplementalinformation schedules are included in the report.
FINANCIAL HIGHLIGHTS
• The assets of the Police Jury exceeded its liabilities at December 31, 2006, by$31,593,561 (government-wide financial reporting).
• The Police Jury's net assets increased by $8,042,113 as aresult of this year's operations.
• At December 31, 2006, the Police Jury's governmental funds reported total ending fundbalances of $21,768,678, an increase of $3,490,055, including expenditures for capitalassets.
GOVER3NMENT-WTOE FINANCIAL ANALYSIS
NET ASSETS
GovernmentalActivities
ASSETSCurrent and other assetsCapital assets (net of accumulated depreciation):
TOTAL ASSETS
LIABILITIESOther liabilitiesLong-term liabilities outstanding
Total Liabilities
NET ASSETSInvested in capital assets, net of related debtRestrictedUnrestricted
TOTAL NET ASSETS
2006 2005
$ 27,862,534 $ 21,667,40215,320,911 8,854,021
$ 43,183,445 $ 30,521,423
$ 6,093,856 $ 3,388,7755,496,028 3,581,196
11,589,884 6,969,971
11,952,118 5,479,11215,571,682 14,422,3274,069,761 3,650,009
$ 31,593,561 $ 23.551,448
As noted earlier, net assets may serve over time as a useful indicator of a government's financialposition. At the close of the most recent fiscal year, assets of the Cameron Parish Police Juryexceeded liabilities by $31,593,561. A significant portion (38%) of the Cameron Parish PoliceJury's net assets reflects its investments in capital assets (e.g., land, buildings, and improvementsand equipments, net of accumulated depreciation), less any related debt used to acquire thoseassets that is still outstanding. These assets are not available for future spending. Although theinvestment in capital assets is reported net of related debt, the resources needed to repay this debtmust be provided from other sources.
GOVERNMENT-WIDE REVENUES, EXPENSES, AND CHANGES IN NET ASSETS:
2006 2005REVENUES
Program RevenuesGain (Loss) on ImpairmentOperating Grants and ContributionsCapital Grants and Contributions
General revenuesTaxes:
Property TaxesOther Taxes
Licenses and permitsFines, Forfeitures, and Court CostsState and Local RevenueUnrestricted investment earningsOther
Total Revenues
EXPENSESGeneral Governmental Activities:
LegislativeJudicialElectionsFinance and administrativeOther general government
Other Governmental Activies:Debt RetirementPublic SafetyPublic WorksCulture and RecreationHealth and welfareEconomic Development
Total expenses
Excess revenues over expenses
Net Assets - Beginning
Net Assets-Ending
$ - $189,898
7,053,529
5,322,36542,197357,254191,190
5,504,903696,129619,416
19,976,881
136,8291,113,27450,382600,550505,235
172,734"2,674,2575,649,742560,457161,400309,908
11,934,768
8,042,113
23,551,452
$ 31,593,565 $
214,6862,075,635316,988
5,042,50746,709342,122177,292
5,847,592242,994
1,268,945
15,575,470
142,918971,05932,067700,675428,446
47,6682,971,6534,671,246849,378205,599228,782
11,249,491
4,325,979
19,225,473
23,551,452
The most significant recurring revenues of the governmental activities are state and local revenues(28%) and taxes (27%), which include primarily, ad valorem taxes (99%) and other taxes (1%). Thecapital grants and contributions consisted primarily of FEMA funding.
Public Works expenses are the most significant (47%) of all governmental activities expenses, followedby public safety (22%). Depreciation expense is included in these amounts.
6
Governmental activities revenues increased $4,401,1411 in the current year, which is primarilyattributable to FEMA funding, which was a result of Hurricane Rita.
Governmental activities expenses increased by $685,277 in the current year. This increase wasprimarily attributable to expenditures occurred for road restoration projects.
FINANCIAL ANALYSIS OF THE POLICE JURY'S FUNDS
As noted earlier, the Police Jury uses fund accounting to ensure and demonstrate compliancewith finance-related legal requirements. The focus of the governmental funds is to provideinformation on near-term inflows, outflows, and balances of expendable resources. Suchinformation is useful in assessing the financing requirements. In particular, unreserved fundbalance may serve as a useful measure of a government's net resources available for spending atthe end of the fiscal year.
Governmental funds. As of December 31, 2006, combined governmental fund balances of$21,768,678 increased by $3,490,055 from December 31, 2005. The entire fund balance isunreserved, which is considered available for appropriation.
Governmental funds revenues increased by $4,709,848 from December 31, 2005 to December31, 2006. This increase was primarily due to Federal funds received to aid in the restorationefforts caused by Hurricane Rita. Governmental funds expenses increased by $6,962,120 fromDecember 31, 2005 to December 31, 2006. This increase is primarily attributable to restorationand recovery expenditures caused by Hurricane Rita.
GENERAL FUND BUDGETARY HIGHLIGHTS
The fond balance hi the original budget remained unchanged throughout the year.
General Fund revenues exceeded final amended budgeted revenues by $483,956. Final amendedbudgeted amount expenses exceeded General Fund expenses by $1,093,990.
CAPITAL ASSETS AND DEBT ADMINISTRATION
Capital assets. The Cameron Parish Police Jury's investment in capital assets for itsgovernmental activities as of December 31, 2006, amounts to $15,320,911 (net of accumulateddepreciation). This investment includes land, buildings and improvements, and furniture andequipments.
Governmental Activities2006 2005
Land $ 634,680 $ 623,845Buildings 2,178,661 1,988,485Furniture and Equipment 8,382,699 6,599,017Books and Video 279,112 235,489Infrastructure 2,955,697 2,879,698Construction in Progress 5,017,184 158,562Less: Accumulated Depreciation (4,127,122) (3,531,074)
Total Net Capital Assets
The increase in net capital assets of $6,366,889 is attributable to restoration of buildingsdamaged and replacement of equipment destroyed due to destruction caused by Hurricane Rita.
Long-term debt. At the end of the fiscal year, Cameron Parish Police Jury had total long-termdebt of $5,496,028. See the notes to the financial statements for more information regardinglong-term debt.
ECONOMIC FACTORS AND NEXT YEAR'S BUDGETS AND RATES
The Police Jury's budgeted revenues and expenditures for normal operations for 2007 arecomparable to 2006's actual revenue and expenditures.
The Cameron Parish Police Jury will expect to continue to incur expenses in 2007 and into 2008for disaster recovery, in an effort to rebuild critical facilities and infrastructure destroyed ordamaged by Hurricane Rita throughout Cameron Parish. The Cameron Parish Police Juryexpects to incur additional expenditures of $15,874,032 in 2007 and into 2008 for disasterrecovery and for the rebuilding of facilities and infrastructure. The parish is expected to receivean estimated $9,774,032, in FEMA reimbursements in 2007 and into 2008 for damaged facilitiesand contents. The majority of the expenditures for disaster recovery will be funded by FEMA,other grants and awards, such as LCDBG funds and Louisiana Recovery Authority controlledfunds, and insurance proceeds.
Besides disaster recovery expenditures, the Cameron Parish Police Jury does not expect anymaterial changes in normal operating revenues and expenditures in 2006.
REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview of the Cameron Parish PoliceJury's finances for all those with an interest in the government's finances. Questions concerningany of the information provided in this report or request for additional financial informationshould be addressed to Bonnie Conner, Secretary Treasurer, P. O. Box 1280, Cameron,Louisiana 70631.
BASIC FINANCIAL STATEMENTS
CAMERON PARISH POLICE JURYCameron, Louisiana
Statement of Net AssetsDecember 31,2006
Statement A
ASSETSCashAccounts receivablesDue from other agenciesInventoryOtherCapital assets (net of accumulated depreciation):
TOTAL ASSETS
LIABILITIESAccounts, salaries, and other payablesDeferred revenueLong-term liabilities:Due in one yearDue in more than one year
Total Liabilities
NET ASSETSInvested in capital assets, net of related debtRestricted for:
Debt ServiceOther
Unrestricted
TOTAL NET ASSETS
GovernmentalActivities
$ 16,121,74011,367,658
342,32029,041
1,77515,320,911
$ 43.183,445
J 4,283,0441,810,812
536,2114,959,817
11,589.884
11,952,118
747,92814,823,7544,069.761
$ 31.593,561
The notes to the financial statements are an integral part of this statement
Statement B
CAMERON PARISH POLICE JURYCameron, Louisiana
Statement of ActivitiesFor the Year Ended December 31,2006
PROGRAM REVENUES
Net (Expense)Revenue and
Changes in Net Assets
EXPENSES
OPERATING CAPITAL TotalGRANTS AND GRANTS AND Governmental
CONTRIBUTIONS CONTRIBUTIONS Activities
Functions/ProgramsPrimary government;
Governmental activities:General government:
LegislativeJudicialElectionsFinance and administrativeOther general government
Debt RetirementPublic safetyPublic worksCulture and recreationHealth and welfareEconomic Development
Total governmental activities
$ 136,8291,113,27450,382600,550 65,761505,235 41,797172,734
2,674,257 350,4855,649,742 6,703,044560,457161,400 82,340309,908
(136,829)(1,113,274)(50,382)(534,789)(463,438)(172,734)
(2,323,772)1,053,302(560,457)(79,060)(309,908)
11,934,768 189,898 7,053.529 (4,691.341)
Taxes:Property taxes, levied for general purposesOther taxes for general purposes
Licenses and permitsFines Forfieturcs and Court CostsIntergovernmentalStateLocal
Interest earningsOther
Total general revenues
Excess of revenues over expenses
Net assets - January 1,2006
Net assets - December 31,2006
5,322,36542,197
357,254191,190
5,476,56028,343
696,129619.416
12.733,454
8,042,113
23,551,448
31.593.561
The notes to the financial statements are an integral part of this statement
10
CAMERON PARISH POLICE JURYCameron, Louisiana
GOVERNMENTAL FUNDSBalance Sheet
December 31,2006
Statement C
MAJOR PROGRAMS
ASSETSCashInvestmentsReceivables, netDue from other agenciesInventoryOtherInterfund receivables
TOTAL ASSETS
LIABILITIES AND FUND BALANCESLiabilities:
Accounts, salaries, and other payablesDue to Other AgenciesDeferred revenueInterfund payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported in:
General fundSpecial revenue fundDebt service fund
Total Fund Balances
Total liabilities and fund balances
ROAD & BRIDGEGENERAL MAINTENANCE NON-MAJOR
FUND FUND FUNDS
$
$
$
$
7,447,598 $
6,089,930342,320
909,953
14,789,801 $
1,061,991 $270,468
1,810,8125,449,5348,592,805
6,196,996
6,196,996
14,789,801 $
662,040 $
1,004,116
29,041
2,833,566
4,528,763 $
1,608,299 $
321,9781,930,277
2,598,486
2,598,486
4,528,763 $
8,012,102
4,273,612
1,7752,242,884
14,530,373— =^^^^^—
1,342,286
214,8911,557,177
12,225,268747,928
12,973,196
14.530,373
TOTAL
$ 16,121,740
11,367,658342,32029,041
1,7755,986,403
$ 33,848.937
$ 4,012,576270,468
1,810,8125,986,403
12,080,259
6,196,99614,823,754
747,92821,768,678
$ 33,848,937
The notes to the financial statements are an integral part of this statement.
11
CAMERON PARISH POLICE JURYCameron, Louisiana
Reconciliation of the Governmental FundsBalance Sheet to the Statement of Net Assets
December 31,2006
Statement D
Total Fund Balances at December 31,2006 - Governmental Funds
Cost of capital assets at December 31,2006
Less - accumulated depreciation as of December 31,2006
Long-term debt which is not included as a liabiltiy in the governmentalfund type balance sheet:
Bonds, notes payable, and capital leasesCompensated absences
19,448,032
(4,127,121)
(5,290,422)(205,606)
$ 21,768,678
15,320,911
(5,496,028)
Elimination of interfund assets and liabilities:Due from other fundsDue to other funds
Net Assets at December 31,2006
5,986,403(5,986,403)
$ 31,593,561
The notes to the financial statements are an integral part of this statement.
12
Statement ECAMERON PARISH POLICE JURY
Cameron, Louisiana
GOVERNMENTAL FUNDSStatement of Revenues, Expenditures, and
Changes in Fund BalancesFor the Year Ended December 31,2006
MAJOR FUNDS
REVENUESTaxes:
Ad valoremSales taxesFranchise taxOther taxes
Licenses and permitsFines, forfeitures, and court costsIntergovernmental:
FederalStateLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General governmentLegislative
JudicialElectionsFinance and administrativeOther General Government
Debt retirementPublic safetyPublic worksCulture and recreationHealth and WelfareEconomic Development & Assistance
Capital outlayTotal expenditures
ROAD ABRIDGEGENERAL MAINTENANCE NON-MAJOR
FUND
$ 540,044 $
37,5724,625
357,254-
2,639,8335,199,984
12,000242^57290,344
9,324,013
136,829156,54150,189
540,423478,820
-1,778,082
378,04238,57081,404
309,9081,072,8195,021,627
FUND
956,210 $
.---
2,763,870180,181
-34,102
170,9434,105,306
----
112,690-
3,948,078---
3,402,4207,463,188
FUNDS
3,826,111
191,190
1,839,72496,39516,343
419,670251,880
6,641,313
944,383--
17,284437,217651,061
1,117,753463,87067,734
-2.397,6126,096,914
TOTAL
$ 5,322^65
37,5724,625
357,254191,190
7,243,4275,476,560
28,343696,129713,167
20,070,632
136,8291,100,924
50,189540,423496,104549,907
2,429,1435,443,873
502,440149,138309,908
6,872,85118,581,729
(Continued)
13
Statement ECAMERON PARISH POLICE JURY
Cameron, Louisiana
GOVERNMENTAL FUNDSStatement of Revenues, Expenditures* and
Changes in Fund BalancesTor the Year Ended December 31,2006
MAJOR FUNDS
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (USES):Operating transfers inOperating transfers outInsurance recoveryLoan ProceedsSale of equipment
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
ROAD & BRIDGEGENERAL MAINTENANCE NON-MAJOR
FUND FUND FUNDS
4,302,386
(3,641,500)
564,533
(3,076,967)
1,225,419
4,971,577
J 6,196,996 $
(3,357,882)
3,582,000
869,07843,181
4,494,259
1,136,377
1,462,109
2,598,486 $
544,399
59,500
36,242488,018
100583,860
1,128,259
11,844,937
12,973,196 $
TOTAL
1,488,903
3,641,500(3,641,500)
36,2421,921,629
43,2812,001,152
3,490,055
18,278,623
21,768.678
The notes to the financial statements are an integral part of this statement.
(Concluded)
14
Statement F
CAMERON PARISH POLICE JURYCameron, Louisiana
Reconciliation of the Governmental FundsStatement of Revenues, Expenditures, and Changes
in Fund Balances to the Statement of Activities
For the Year Ended December 31,2006
Total net change in fund balances - governmental funds (Statement E)
Gain or loss on the disposition of capital assets is reported in the Statement ofActivities but only the proceeds of the disposition of the assets are reported inthe governmental funds
Amounts reported for governmental activities in the Statementof Activities are different because:
Capital outlays are reported in governmental funds as expenditures. However,in the Statement of Activities, the cost of those assets is allocated overtheir estimated useful lives as depreciation expense. This is the amount bywhich capital outlays exceed depreciation in the period
Capital OutlayDepreciation Expense
In the Statement of Activities, certain operating expenses - compensatedabsences (vacation and sick leave) - are measured by the amounts earnedduring the year. In the governmental funds, however, expenditures for theseitems are measured by the amount of financial resources used (essentially,the amounts actually paid).
Proceeds from financing are reported as an other financing source in the governmental funds,but the proceeds increase long-term liabilities in the Statement of Net Assets
Repayment of bond principal, notes payable, and capital leases is an expenditure in thegovernmental funds, but the repayment reduces long-term liabilities in theStatement of Net Assets
Other reconciling amounts
3,490,055
(173,274)
6,872,851(603.744)
6.269,107
681
(1,921,629)
377,173
Change in net assets of governmental activities (Statement B)
The notes to the financial statements are an integral part of this statement
15
CAMERON PARISH POLICE JURYCameron, Louisiana
FIDUCIARY FUNDSStatement of Fiduciary Net Assets
December 31,2006
Statement G
ASSETSCash and cash equivalents
Total Assets
LIABILITIES AND FUND BALANCESLiabilities
NET ASSETSHeld in trust
WETLANDSRESTORATIONEXPENDABLETRUST FUND
1.729
1,729
1.729
The notes to the financial statements are an integral part of this statement.
16
Statement H
CAMERON PARISH POLICE JURYCameron, Louisiana
FIDUCIARY FUNDSStatement of Changes in Fiduciary Net Assets
For the Year Ended December 31,2006
ADDITIONS:
Interest earningsTotal additions
DEDUCTIONS
CHANGES IN NET ASSETS
NET ASSETS - JANUARY 1,2006
NET ASSETS - DECEMBER 31,2006
WETLANDSRESTORATIONEXPENDABLETRUST FUND
82
82
1,647
1,729
The notes to the financial statements are an integral pan of this statement.
17
NOTES TO THE FINANCIAL STATEMENTS
CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsAs of and For the Year Ended December 31,2006
INTRODUCTION
The Cameron Parish Police Jury is the governing authority for Cameron Parish and is a political subdivisionof the State of Louisiana. The Police Jury is governed by seven jurors representing the various districts within theparish. The jurors are currently serving a four-year term which expires in January 2008.
Louisiana Revised Statute 33:1236 gives the Police Jury various powers in regulating and directing the affairsof the parish and its inhabitants. The more notable of those are the powers to make regulations for their owngovernment, to regulate the construction and maintenance of roads and bridges, to regulate the construction andmaintenance of drainage systems, to regulate the sale of alcoholic beverages, and to provide for the health and welfareof the poor, disadvantaged, and unemployed in the parish. Funding to accomplish these tasks is provided by advalorem taxes, other taxes and licenses, state revenue sharing, and various other state and federal grants.
In accomplishing its objectives, the Police Jury also has the authority to create special districts (componentunits) within the parish. The districts perform specialized functions, such as fire protection, water distribution,sewerage collection and disposal, drainage control, library facilities, and health care facilities.
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. BASIS OF PRESENTATION
The accompanying financial statements of the Police Jury have been prepared in conformity with U.S.generally accepted accounting principles (GAAP) as applied to governmental units. The Governmental AccountingStandards Board (GASB) is the accepted standard setting body for establishing governmental accounting and financialreporting principles.
In June 1999, the Governmental Accounting Standards Board (GASB) unanimously approved Statement No.34, Basic Financial Statements - and Management's Discussion and Analysis -for State and Local Governments.Certain of the significant changes in the Statement include the following:
• A Management Discussion and Analysis (MD&A) section providing an analysis of the Police Jury'soverall financial position and results of operations.
• Financial statements prepared using full accrual accounting for all of the Police Jury's activities,including infrastructure (if any).
• A change in the fund financial statements to focus on the major funds.
These and other changes are reflected in the accompanying financial statements (including notes to financialstatements).
CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsAs of and For the Year Ended December 31,2006
B. REPORTING ENTITY
As the governing authority of the parish, for reporting purposes, the Cameron Parish Police Jury is thefinancial reporting entity for Cameron Parish. The financial reporting entity consists of (a) the primary government(Police Jury), (b) organizations for which the primary government is financially accountable, and (c) otherorganizations for which the nature and significance of their relationship with the primary government are such thatexclusion would cause the reporting entity's financial statements to be misleading or incomplete.
Governmental Accounting Standards Board (GASB) Statement No. 14 (Codification Section 2100.120-140)establishes criteria for determining which component units should be considered part of the Cameron Parish PoliceJury for financial reporting purposes. The basic criterion for including a potential component unit within the reportingentity is financial accountability. The GASB has set forth criteria to be considered in determining financialaccountability. This criteria includes:
1. Appointing a voting majority of an organization's governing body,and:
a. The ability of the Police Jury to impose its will on that organizationand/or;
b. The potential for the organization to provide specific financialbenefits to or impose specific financial burdens on the Police Jury.
2. Organizations for which the Police Jury does not appoint a voting majoritybut are fiscally dependent on the Police Jury.
3. Organizations for which the reporting entity financial statements would bemisleading if data of the organization is not included because of the nature orsignificance of the relationship.
Based on the previous criteria, the Police Jury has determined that the followingcomponent units are part of the reporting entity:
Fiscal CriteriaComponent Unit Year UsedCameron Parish Library December 31 1 & 3Thirty-Eighth Judicial District Criminal Court December 31 2 & 3Fire Protection District No. 14 December 31 1 & 3Gravity Drainage District No. 3 December 31 1 & 3Gravity Drainage District No. 4 December 31 1 & 3Gravity Drainage District No. 5 December 31 1 & 3Gravity Drainage District No. 7 December 31 1 & 3Gravity Drainage District No. 8 December 31 1 & 3Gravity Drainage District No. 9 December 31 1 & 3
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
Recreation District No. 5Recreation District No. 6Recreation District No. 7Recreation District No. 8Recreation District No. 9Johnson Bayou Recreation DistrictHackbeny Recreation DistrictMosquito Abatement District No. 1Waterworks & Sewerage District No. 1Waterworks District No. 2Waterworks District No. 7Waterworks District No. 9Waterworks District No. 10Waterworks District No. 11East Cameron Port, Harbor, andTerminal District
Cameron Community ActionAgency Incorporated
Ambulance District No. 1Ambulance District No. 2Beachfront Development District No. 1Beachfront Development District No. 2Cameron Parish Tax AssessorCameron Parish Clerk of CourtCameron Parish SheriffLower Cameron Hospital Service DistrictWest Cameron Port, Harbor, andTerminal DistrictSweetlake Cemetery
December 31December 31December 31December 31December 31December 31December 31December 31December 31December 31December 31December 31December 31December 31
December 31
September 30December 31December 31December 31December 31December 31
June 30June 30June 30
December 31December 31
1&31&31&31&31&31&31&31&31&31&31&31&31&31&3
1&3
11&31&31&31&32&32&32&31&3
1&32
The Police Jury has chosen to issue financial statements of the primary government (Police Jury) only;therefore, none of the previously listed component units, except as discussed in the following paragraph, areincluded in the accompanying primary government financial statements. Financial statements for thosecomponent units not included in the Police Jury's general purpose financial statements may be obtained from theoperations centers of those component units.
These primary government (Police Jury) financial statements include all funds, account groups, andorganizations for which the Police Jury maintains the accounting records. Organizations for which the Police Jurymaintains the accounting records include the Thirty-Eighth Judicial District Criminal Court, the Cameron ParishLibrary, Fire Protection District No. 14, Gravity Drainage District No.8, West Cameron Port, Harbor, andTerminal District, and Sweetlake Cemetery.
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
GASB Statement No. 14 provides for the issuance of primary government financial statements that areseparate from those of the reporting entity. However, the primary government's (Police Jury) financial statementsare not a substitute for the reporting entity's financial statements. The accompanying primary governmentfinancial statements have been prepared in conformity with U. S. generally accepted accounting principles asapplied to governmental units. These financial statements are not intended to and do not report on the reportingentity but rather are intended to reflect only the financial statements of the primary government (Police Jury).
Considered in the determination of component units of the reporting entity were the Cameron ParishSchool Board and the various municipalities in the parish. It was determined that these governmental entities arenot component units of the Cameron Parish Police Jury reporting entity because they have separately electedgoverning bodies, are legally separate, and are fiscally independent of the Cameron Parish Police Jury.
C. FUND ACCOUNTING
The Police Jury uses funds and account groups to report on its financial position and the results of itsoperations. Fund accounting is designed to demonstrate legal compliance and to aid financial management bysegregating transactions related to certain government functions or activities.
A fund is a separate accounting entity with a self-balancing set of accounts that comprises its assets,liabilities, fund equity, revenues, and expenditures. An account group, on the other hand, is a financialreporting device designed to provide accountability for certain assets and liabilities (general fixed assets andgeneral long-term obligations) that are not recorded in the "funds" because they do not directly affect netexpendable available financial resources. They are concerned only with the measurement of financial position,not with the measurement of results of operations.
Funds are classified into three categories; governmental, proprietary, and fiduciary. Each category, inturn, is divided into separate "fund types." Governmental funds are used to account for a government's generalactivities, where the focus of attention is on the providing of services to the public as opposed to proprietary fundswhere the focus of attention is on recovering the cost of providing services to the public or other agencies throughservice charges or user fees. Fiduciary funds are used to account for assets held for others. The Police Jury'scurrent operations require the use of governmental and fiduciary funds, described as follows:
Governmental Funds:
General Fund
The General Fund is the general operating fund of the Police Jury. It accounts for all activitiesexcept those required to be accounted for in other funds.
Special Revenue Funds
Special revenue funds are used to account for the proceeds of specific revenue sources such as advalorem taxes, sales taxes, and federal grants. Those revenues are legally restricted, either by taxproposition or grant agreement, to expenditures for specified purposes such as road and drainagemaintenance and construction, library operation, hospital operation, etc.
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
Debt Service Funds
Debt service funds are used to account for the accumulation of resources and for the payment ofprincipal and interest on general long-term debt.
Capital Projects Funds
Capital projects funds are used to account for financial resources received and used for theacquisition, construction, or improvement of capital facilities not reported in the other governmentalfunds.
Fiduciary Funds:
Fiduciary funds are used to account for assets held on behalf of outside parties, including othergovernments, or on behalf of other funds within the Police Jury. The Police Jury's only fiduciary fund isthe Wetlands Restoration Expendable Trust Fund.
The Wetlands Restoration Expendable Trust Fund accounts for the proceeds of an irrevocabledonation to the Cameron Parish Police Jury to be held in trust for the benefit and restoration of certainCameron Parish wetlands. The expendable trust fund is accounted for in essentially the same manner asgovernmental funds. The purpose of the trust fund is to prevent further degradation of the ecologicalcharacter of the Grand Chenier Plain Coastal System and to slow saltwater intrusion into fresh water.Under the conditions of the trust agreement, the Police Jury recommends marsh management projects,which are funded by trust fund monies.
D. MEASUREMENT FOCUS/BASIS OF ACCOUNTING
Government-Wide Financial Statements (GWFS)
The Statement of Net Assets (Statement A) and the Statement of Activities (Statement B) displayinformation about the reporting government as a whole. These statements include all the financial activities of thePolice Jury.
The GWFS were prepared using the economic resources measurement focus and the accrual basis ofaccounting. Revenues, expenses, gains, losses, assets and liabilities resulting from exchange or exchange-liketransactions are recognized when the exchange occurs (regardless of when cash is received or disbursed).Revenues, expenses, gains, losses, assets and liabilities resulting from nonexchange transactions are recognized inaccordance with the requirements of GASB Statement No. 33, Accounting and Financial Reporting forNonexchange Transactions.
Program Revenues - Program revenues included in the Statement of Activities (Statement B) derivedirectly from parties outside the Police Jury's taxpayers or citizenry, as a whole; program revenues reduce the costof the function to be financed from the Police Jury's general revenues.
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
Direct Expenses - The Police Jury reports all direct expenses by function in the Statement of Activities(Statement B). Direct expenses are those that are clearly identifiable with a function. Depreciation expense,which can be specifically identified by function, is included in the direct expenses of each function. Interest ongeneral long-term debt is considered an indirect expense and is reported separately on the Statement of Activities.
Fund Financial Statements (FFS)
Governmental funds are accounted for using a current financial resources measurement focus. With thismeasurement focus, only current assets and current liabilities are generally included on the balance sheet Thestatement of revenues, expenditures, and changes in fund balances reports on the sources (i.e., revenues and otherfinancing sources) and uses (i.e., expenditures and other financing uses) of current financial resources. Thisapproach differs from the manner in which the governmental activities of the government-wide financialstatements are prepared. Governmental fund financial statements therefore include a reconciliation with briefexplanations to better identify the relationship between the government-wide statements and the statements forgovernmental funds.
Fund financial statements report detailed information about the Police Jury. The focus of governmentalfund financial statements is on major funds rather than reporting funds by type. Each major fund and theaggregate of the remaining funds (nonmajor funds) are reported in separate columns in the Balance Sheet(Statement C) and in the Statement of Revenues, Expenditures, and Changes in Fund Balances (Statement E).
Governmental funds use the modified accrual basis of accounting. Under the modified accrual basis ofaccounting, revenues are recognized when susceptible to accrual (i.e., when they become both measurable andavailable). Measurable means the amount of the transaction can be determined and available means collectiblewithin the current period or soon enough thereafter to pay liabilities of the current period. The Police Juryconsiders all revenues available if they are collected within 60 days after the fiscal year end. Expenditures arerecorded when the related fund liability is incurred, except for interest and principal payments on general long-term debt which is recognized when due, and certain compensated absences and claims and judgments which arerecognized when the obligations are expected to be liquidated with expendable available financial resources. Thegovernmental funds use the following practices in recording revenues and expenditures:
Revenues
Those revenues susceptible to accrual are property taxes, state revenue sharing, and grant income. Fines,permit and license revenues are not susceptible to accrual because generally they are not measurable untilreceived in cash.
Interest earnings are recorded when the investments have matured and the interest is available.
Expenditures
Salaries are recorded as expenditures when earned by employees.
Purchases of various operating supplies, etc. are recorded as expenditures when the related fund liabilityis incurred.
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
Compensated absences are recognized as expenditures when leave is actually taken or when employees,or their heirs, are paid for accrued leave upon retirement or death.
Principal and interest on long-term debt are recognized when due.
Other Financing Sources (Uses)
Transfers between funds that are not expected to be repaid, sale of fixed assets, and long-term debtproceeds, are accounted for as other financing sources (uses). These other financing sources (uses) are recognizedat the time the underlying events occur.
E. CAPITAL ASSETS
Capital assets are capitalized at historical cost or estimated cost if historical cost is not available. Donatedassets are recorded as capital assets at their estimated fair market value at the date of donation. Approximately 3%of fixed assets are valued at estimated historical costs based on the actual costs of like items while the remaining97% are based on actual historical costs. The Police Jury maintains a threshold level of $1,000 or more forcapitalizing capital assets.
Capital assets and related expenses are recorded in the Statement of Net Assets and Statement ofActivities, respectively, but are not reported in the fund financial statements. Since surplus assets are sold for animmaterial amount when declared as no longer needed for public purposes, no salvage value is taken intoconsideration for depreciation purposes. Infrastructure is reported for depreciation purposes on a prospectivebasis beginning January 1, 2005. All capital assets are depreciated using the straight-line method over thefollowing useful lives:
EstimatedDescription Lives
Buildings 25 - 40 yearsFurniture and Equipment 5-15 yearsBooks and videos 7 yearsInfrastructure:Roads 40 years
The cost of normal maintenance and repairs that do not add to the value of fixed assets or materiallyextend their useful lives are not capitalized but are only recognized as a normal current expenditure of thegovernmental funds.
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31, 2006
F. DEPOSITS
Under state law, the Police Jury may deposit funds in demand deposits, interest bearing demand deposits,money market accounts, or time deposits with state banks organized under Louisiana law and national bankshaving principal offices in Louisiana.
Deposits are stated at cost, which approximates fair value. Under state law, these deposits, or theresulting bank balances, must be secured by federal deposit insurance or the pledge of securities. The fair valueof the pledged securities plus the federal deposit insurance must at all times equal the amount on deposit with thefiscal agent. These securities are held in the name of the pledging fiscal agent bank in a holding or custodial bankthat is mutually acceptable to both parties.
At December 31, 2006, the Police Jury's carrying amount (book balances) of deposits was $16,121,740which includes the following:
Demand Deposits $ 5,271,241Petty Cash 695Cash with fiscal agent 317Time deposits 10,849,487
Total S 16,121,740
These deposits are stated at cost, which approximates market. Under state law, these deposits, or theresulting bank balances, must be secured by federal deposit insurance or the pledge of securities. The marketvalue of the pledged securities plus the federal deposit insurance must at all times equal the amount on depositwith the fiscal agent.
Custodial credit risk is the risk that in the event of a bank failure, the government's deposits may not bereturned to it. The government does not have a deposit policy for custodial credit risk. As of December 31,2006,the Police Jury's bank (deposit) balance totaled $16,021,507, none of which is exposed to custodial credit risk.
G. INVENTORY
Inventory of the Parishwide Road and Bridge Maintenance Fund is valued at cost (first-in, first-out).Inventories consist of expendable supplies held for consumption. The expenditures are recognized when theitems are purchased.
H. VACATION AND SICK LEAVE
Employees, including employees of the library and criminal court, may accumulate from 5 to 25 days ofannual leave, depending on their length of service with the parish. Vacation leave can be accumulated withoutlimitation. Upon resignation or retirement, unused vacation leave is paid to the employee at the employee'scurrent rate of pay for the amount accumulated at July 2, 1990, in addition to unused vacation leave earned sincethat date not to exceed $3,000. Upon retirement, the excess unpaid annual leave is used in the retirement benefit
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31, 2006
computation as earned service. Employees may accumulate 12 to 18 days of sick leave each year, depending ontheir length of service. Sick leave may be accumulated without limitation. Any unused accumulated sick leave isforfeited by the employee at the time of resignation or retirement.
At December 31, 2006, employees have accumulated and vested $205,606 of employee leave benefits,computed in accordance with GASB Codification Section C60.
The cost of leave privileges, computed in accordance with the previous codification, is recognized as acurrent year expenditure within the governmental funds when leave is actually taken.
The West Cameron Port, Harbor, and Terminal District and the Gravity Drainage District No. 8 have noemployees; therefore, there are no policies for vacation and sick leave.
L INTERFUND RECEIVABLES/PAYABLES
During the course of operations, numerous transactions occur between individual funds for goodsprovided or services rendered. These receivables and payables are short term in nature and are classified asinterfund receivables or interfund payables on the Balance Sheet (Statement C).
J. RESTRICTED NET ASSETS
For the government-wide statement of net assets, net assets are reported as restricted when constraints placedon net asset use are either:
1. Externally imposed by creditors (such as debt covenants), grantors, contributors, or laws or regulations ofother governments; or
2. Imposed by law through constitutional provisions or enabling legislation.
K. FUND EQUITY
In the fund financial statements, governmental funds report reservations of fund balance for amounts thatare not available for appropriation or are legally restricted by outside parties for use for a specific purpose.Designations of fund balance represent tentative management plans that are subject to change.
L. ESTIMATES
The preparation of financial statements in conformity with accounting principles generally accepted in theUnited States of America require management to make estimates and assumptions that affect the reportedamounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financialstatements and the reported amounts of revenues, expenditures, and expenses during the reporting period. Actualresults could differ from those estimates.
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
M. RISK MANAGEMENT
The Police Jury is exposed to various risk of loss related to torts; thefts of, damage to, and destruction ofassets; errors and omissions; and injuries to employees. To handle such risk of loss, the Police Jury maintainscommercial insurance policies covering: automobile liability, surety bond coverage, flood insurance, and propertyinsurance. In addition to the above policies, the Police Jury maintains a general liability policy and an errors andomissions policy.
To cover its risk associated with injuries to employees, the Police Juiy is self- insured up to $225,000 peroccurrence. Claims over and above this amount are insured through insurance coverage. No claims were paid onany of the policies during the past three years which exceeded the policies' coverage amount.
2. LEVIED TAXES
The following is a summary of authorized and levied ad valorem taxes:
Parishwide taxes:ParishRoad maintenance and constructionGarbageCourthouse maintenanceLibrary maintenanceHealth unit maintenance
Fire protection districts:No. 1:
MaintenanceNo. 7:
MaintenanceBonds
No. 9:Maintenance
No. 10:Maintenance
No. 14 - MaintenanceNo. 15 - MaintenanceNo. 16:
MaintenanceBonds
Hackberry:Maintenance
AuthorizedMillage
LeviedMillage
ExpirationDate
3.726.617.862.646.001.32
5.00
4.07Variable
2.54
7.715.707.96
11.32Variable
4.71
3.726.617.862.645.751.32
5.00
4.077.60
2.54
7.715.067.96
11.174.40
4.71
Indefinite20132014201320092013
2014
20072038
2012
201220112011
20102010
2014
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CAMERON PARISH POLICE JURYCameron, Louisiana ,
Notes to the Financial StatementsFor the Year Ended December 31,2006
AuthorizedMillage
LeviedMillage
ExpirationDate
West Cameron Port Variable 4.20 2013
The difference between authorized and levied millages is the result of reassessments of the taxableproperty required by Article 7, Section 18 of the Louisiana Constitution of 1974.
The following are the principal taxpayers for the parish and their 2006 assessed valuation:
Natural Gas PipelineANR Pipeline Co.Transcontinental GasCitgo Petroleum Co.Hilcorp Energy CompanyTarga Mistream, Inc.Tenneco, Inc.Eddison Chouest Offshore LLCChevronTexaco Expl & ProdTexas Eastern Transmission
Total
2006 AssessedValuation
$ 10,716,6506,003,7605,516,7505,196,0054,389,2383,783,7113,183,1002,916,9002,986,3862,761,750
$ 47,454,250
Percent ofTotal
AssessedValuation
7.06%3.96%3:63%3.42%2.89%2.49%2.10%1.92%1.97%1.82%
31.27%
I. RECEIVABLES
The following is a summary of receivables at December 31,2006:
Taxes - Ad valoremIntergovernmental:
FederalState
OtherTotal
Special Revenue Debt ServiceGeneral Fund Funds Funds Total$
$
540,446
4,398,9651,068,43982,080
6,089,930
$
$
4,294,753
.32,394424,492
4,751,639
$
$
526,089
--
-526,089
$ 5,361,288
4,398,9651,100,833506,572
$ 11,367,658
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
3. CAPITAL ASSETS
The following schedule presents changes in capital assets for the year ended December 31,2006:
Capital assets not being depreciated:LandConstruction in progress
Total capital assets not being depreciated
Capital assets being depreciated:Building and improvementsBooks and videosEquipment and furniture
InfrastructureTotal capital assets being depreciated
Less accumulated depreciation
Total capital assets being depreciated, net
Total capital assets, net
Depreciation was charged to functions as follows:
$
$
BalanceJanuary 1
623,845158,562782,407
2,002,325221,648
6,599,017
2,879,69711,702,687
3,631,074
8,071,613
8,854,020
Additions
$ 10,835
4,998,3115,009,146
176,33657,464
1,924,964
76,0002,234,764
603,744
1,631,020
$ 6,640,166
Deletions
$(139,689)(139,689)
(141,282)
(141,282)
(107,696)
(33,586)
$ (173,275)
BalanceDecember 31
$ 634,6805,017,1845,651,864
2,178,661279,112
8,382,699
2,955,69713,796,169
4,127,122
9,669,047
$ 15,320,911
Governmental Activities:General Government:
ElectionsFinance and AdministrationJudicialOther
Public SafetyPublic Works
Health and Welfare
Culture and RecreationTotal
$
$
19360,127
12,350
9,812245,114
205,819
12,262
58,067
603,744
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
4. PENSION PLAN
Substantially all employees of the Cameron Parish Police Jury are members of the Parochial EmployeesRetirement System of Louisiana (System), a cost-sharing, a multiple-employer defined benefit pension planadministered by a separate board of trustees. The System is composed of two plans, Plan A and Plan B, withseparate assets and benefit provisions. AH employees of the Police Jury are members of Plan A.
All permanent employees working at least twenty-eight hours per week who are paid wholly or in partfrom parish funds and all elected parish officials are eligible to participate in the System. Under Plan A,employees who retire at or after age 60 with at least 10 years of creditable service, at or after age 55 with at least25 years of creditable service, or at any age with at least 30 years of creditable service are entitled to a retirementbenefit, payable monthly for life, equal to 3 per cent of their final-average salary for each year of creditableservice. However, for those employees who were members of the supplemental plan only before January 1,1980,the benefit is equal to one per cent of final-average salary plus $24 for each year of supplemental-plan-onlyservice earned before January 1,1980, plus 3 percent of final-average salary for each year of service credited afterthe revision date. Final-average salary is the employee's average salary over the 36 consecutive or joined monthsthat produce the highest average. Employees who terminate with at least the amount of creditable service statedabove and do not withdraw their employee contributions, may retire at the ages specified above and receive thebenefit accrued to their date of termination. The System also provides death and disability benefits. Benefits areestablished or amended by state statute.
The System issues an annual publicly available financial report that includes financial statements andrequired supplementary information for the System. That report may be obtained by writing to the ParochialEmployees* Retirement System, Post Office Box 14619, Baton Rouge, Louisiana 70898-4619, or by calling (504)928-1361.
Under Plan A, members are required by state statute to contribute 9.50 percent of their annual coveredsalary and the Cameron Parish Police Jury is required to contribute at an actuarially determined rate. The currentrate is 11.75 percent of annual covered payroll. Contributions to the System also include one-fourth of one percent of the taxes shown to be collectible by the tax rolls of each parish, except Orleans and East Baton RougeParishes. These tax dollars are divided between Plan A and Plan B, based proportionately on the salaries of theactive members of each plan. The contribution requirements of plan members and the Cameron Parish PoliceJury are established and may be amended by state statute. As provided by Louisiana Revised Statute 11:103, theemployer contributions are determined by actuarial valuation and are subject to change each year based on theresults of the valuation for the prior fiscal year. The Cameron Parish Police Jury's contributions to the Systemunder Plan A for the years ending December 31,2006, 2005, and 2004, were $356,676, $375,138, and $309,257,respectively, equal to the required contributions for each year.
5. POST RETIREMENT HEALTH CARE AND LIFE INSURANCE BENEFITS
The Police Jury provides certain continuing health care and life insurance benefits for its retiredemployees. Substantially all of the Police Jury's employees become eligible for these benefits if they reachnormal retirement age while working for the Police Jury. These benefits for retirees and similar benefits foractive employees are provided through an insurance company whose monthly premiums are paid jointly by theemployee and the Police Jury. The Police Jury's costs of providing retiree health care and life insurance benefits
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
are recognized as expenditures when the monthly premiums are paid. For 2006, the costs for retirees' benefitstotaled $9,655.
6. LEASES
Operating Leases
The Police Jury has operating leases for garbage dump sites, shell dump sites, ball parks, recreationareas, and access roads. The minimum annual commitments under noncancellable operating leases are asfollows:
Fiscal year:2007 7,222
Total $7,222
Capital Leases
The Police Jury has capital leases for various maintenance equipment including tractors, mowers,rotary cutters, and trucks. The net minimum annual payments on these leases are as follows:
Minimum lease payments under capital leases:2007 $ 80,6202008 112,6902009 94,425
Total minimum lease payments 287,735Less amount for interest (29,368)
Net minimum annual lease payments $ 258,367
7. CHANGES IN GENERAL LONG-TERM OBLIGATIONS
The following is a summary of long-term obligation transactions for the year ended December 31,2006:
Capitalized Long-term CompensatedLoans Leases Bonds Absences Total
Long-term debt-Beginning $ 167,908 $ - $ 3,207,000 $ 206,288 $ 3,581,196Additions 1,921,629 371,057 160,491 2,453,177Deductions (34,483) (112,690) (230,000) (161,172) (538,345)
Long-term debt - Ending $ 2,055,054 $ 258,367 $ 2,977,000 $ 205,607 $ 5,496,028
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
General obligation bonds are comprised of the following individual issues:
Fire District No. 16 of Cameron Parish - $125,000. Issue of November 1,1991, due in annual installments of $5,000 to $10,000 through November1,2011; interest at 5.90 to 12.00 per cent. Debt retirements are made fromFire District No. 16 Debt Service Fund. $ 50,000
West Cameron Port, Harbor and Terminal District - $3,500,000. Issue ofMay 1, 2000, due in annual installments of $145,000 to $345,000 throughMay 1, 2015; interest at 5.50 to 8.00 per cent. Debt retirements are madefrom West Cameron Port, Harbor and Terminal District Debt Service Fund. 2,475,000
Fire District No. 7 of Cameron Parish - $585,000. Issue of May 1, 2000,due in annual installments of $20,000 to $40,000 through May 1,2020 anddue in annual installments of $1,000 from 2021 through 2040; interest at5.00 per cent. Debt retirements are made from Fire District No. 7 DebtService Fund. 452'000
Total General Obligation Bonds $ 2,977,000
The annual requirements to amortize all bonds outstanding at December 31, 2006, including interestpayments of $902,368, are as follows:
Year ending:200720082009201020112012-20162017-20212022-2040
Total
$ 398,577400,400401,330406,227405,145
1,651,814189,77526,100
$ 3,879,368
As shown on Statement A, $747,928 is available in debt service funds to service the general obligationbonds.
General obligation bonds are secured by an annual ad valorem tax levy. In accordance with LouisianaRevised Statute 39:562, the Police Juiy is legally restricted from incurring long-term bonded debt in excess of 10per cent of the assessed value of taxable property in the parish. At December 31, 2006, the statutory limit is$11,977,878.
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CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
On May 9, 2003, the Police Jury obtained a bank loan of $100,000 for purchase of a fire truck for FireProtection District No. 14. The note carries an annual interest rate of 4.62 per cent and is payable upon demand.On November 11, 2003, the Police Jury obtained a bank loan of $100,000 for the purchase of fire equipment forthe Fire Protection District No. 9. The note carries an annual interest rate of 4.62 per cent and is payable upondemand. On November 11, 2003, the Police Jury obtained a bank loan of $37,000 for the purchase of a new firetruck for the Fire Protection District #15. The note carries an annual interest rate of 4.62 per cent and is payableupon demand. If no demand is made, the loans are payable in annual principal and interest installments asfollows:
20072008200920102011Total
In 2006, the Police Jury obtained a Community Disaster Loan from the Department of Homeland Securityin the amount of $ 1,921,629. The loan bears interest at a rate of 2.74% per annum and matures in 2010, at whichtime the principal and any accrued and unpaid interest are due.
8. DUE FROM/TO OTHER FUNDS
Individual amounts due from/to other funds at December 31,2006, are as follows:
$
$
42,32242,322
34,098
15,166
15,166
149,074
Due From OtherFunds
Due to OtherFunds
General FundDebt Service Funds
Fire# 16 Sinking FundHackberry Fire FundFire # 7 Sinking FundGravity Drainage District No. 8 SinkingWest Cameron Port Sinking Fund
Special Revenue Funds:Parishwide Road and Bridge MaintenanceParishwide GarbageCourthouse and Jail MaintenanceHealth Unit MaintenanceCriminal Court Fund
Cameron Parish LibraryCameron Communications DistrictFire Protection District No. 1 MaintenanceFire Protection District No. 7 MaintenanceFire Protection District No. 9 MaintenanceFire Protection District No. 10 MaintenanceFire Protection District No. 14 Maintenance
$ 909,953 $ 5,449,538
8,6571,0324,65912,926
2,833,566273,041956,520465,47539,631123,6744,45556,35028,20121,04228,11351,762
18,491
5,000
321,97850,27811,19422,22219,89868,255979
1,251148
1,082
801
33
CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
Fire Protection District No. 15 Maintenance - 1,114Fire Protection District No. 16 Maintenance 7,545Hackberry Fire Maintenance 25,798 1,251Gravity Drainage District No. 8 Maintenance 134,005 12,926
Total $ 5,986,405 $ 5,986,405
9. DUE FROM/TO OTHER AGENCIES
At December 31,2006, $342,320 was due from other agencies. Individual amounts due from/due to otheragencies are at December 31,2006, are as follows:
General Fund:Mosquito Abatement District No. 1 $ 4,917Gravity Drainage Districts:
No. 7 27,965Recreation Districts:
No. 5 19,674No. 7 1,690
Ambulance Districts 5,800Indigent Defender 5,084Waterworks Districts:
No. 1 45,748No. 2 13,675No. 7 75,416No. 9 2,937No. 10 28,719No. 11 24,867
Other agencies 85,829Total General Fund $ 342,965
10. RESERVED AND DESIGNATEDFUND BALANCES
In accordance with a resolution dated December 7,1993, the Police Jury has designated a portion of thefund balance of the General Fund to provide self-insurance for worker's compensation. The initial designationwas $300,000 from the General Fund with the remainder to be made up from contributions by other parishagencies over a three-year period. At December 31, 2006, the designated fund balance for the worker'scompensation self-insurance was $168,415.
In accordance with a resolution dated October 4, 1994, the Police Jury designated a portion of the fundbalance of the General Fund as a property insurance trust. The initial designation is to be made up ofcontributions from the General Fund and other parish agencies to provide funds for the deductible on the property
34
CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Financial StatementsFor the Year Ended December 31,2006
insurance policy in the case of windstorm damage. At December 31, 2006, the designated fund balance for theproperty insurance trust was $23,573.
Total designated fund balance for the General Fund at December 31,2006, was $191,988.
On July 5, 1994, the Police Jury designated a portion of the fund balance of the Road and Bridge Fund toprovide for future road projects. The initial designation was $350,000. A portion of the designated balance wasused for a road project in 1995. At December 31, 2006, the designated fund balance for the Road and BridgeTrust was $19,382.
The debt service funds have reserved $747,928 of fund balances for debt service.
11. COMMUNICATIONS DISTRICT - E-911 TELEPHONEASSISTANCE SYSTEM
The Cameron Parish Police Jury implemented its E-911 Telephone Assistance System as follows:
Year Implementation Action1992 Creation of the Communications District1993 Appointment of the Board of Commissioners1994 Full Implementation of the System
12. LITIGATION
At December 31, 2006, the Police Jury was not involved in any lawsuits as a defendant nor was it awareof any outstanding claims, which are not covered by insurance.
13. PRIOR PERIOD ADJUSTMENT
As of and for the year ended December 31, 2005, accounts receivable for insurance proceeds and insuranceproceeds revenues were overstated by $1,115,281. The beginning fund balance and net assets balance have beendecreased by $1,115,281 to reflect the correction of such overstatement.
35
REQUIRED SUPPLEMENTARY INFORMATION
PART II
Schedule A
CAMERON PARISH POLICE JURYCameron, Louisiana
GENERAL FUNDBudgetary Comparison Schedule
For the Year Ended December 31,2006
REVENUESTaxes:
Ad valoremSales taxesFranchise taxOther taxes
Licenses and permitsIntergovernmental
FederalStateLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General governmentLegislative
JudicialElectionsFinance and administrativeOther General Government
Public safetyPublic worksParks and recreationHealth and welfareEconomic Development and assistance
Capital outlayTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inOperating transfers outInsurance recoveryLoan Proceeds
Total otter financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
ORIGINALBUDGET
$ 212,000250
15,0005,000
184,204
3,058,1032,818,350 .
12,00010,150 '
-
6,315,057
148,683182,28940,723
400,304210,450385,675167,936
1,60589,000
225,7711,000.0002,852,436
3,462,621
(2,171,550)
„(2,171,550)
1,291.071
4,971,577
$ 6,262,648
FINALBUDGET
$ 537,000250
15,0005,000
334.204
3,058,1034,568,350
312,00010,150
-
8,840,057
148,683184,50248,762
558,614261,903
1,108,4981,957,936
17,01189,000
740,7081,000,0006,115,617
2,724,440
(3,746,550)
.(3.746,550)
(1,022,110)
4,971,577
$ 3.949,467
ACTUAL(BUDGETARY
BASIS)
S 540,044•
37,5724,625
357,254
2,347,2335,199,984
12,000242,357582,944
9,324.013
136,829156,54150,189
540,423478,820
1,778,082378,04238,57081,404
309,9081,072,8195,021,627
4,302,386
(3,641,500)
564,533(3,076,967)
1,225,419
4,971,577
$ 6,196,996
VARIANCEWITH FINAL
BUDGETPositive
(Negative)
$ 3,044(250)
22,572(375)
23,050
(710,870)631,634
(300,000)232,207582,944
483.956
11,85427,961(1,427)18,191
(216,917)(669,584)
1,579,894(21,559)
7,596430,800(72,819)
1,093,990
1.577,946
105,050
564,533669.583
W47,529
-
$ 2,247,529
(Concluded)
36
Schedule B
CAMERON PARISH POLICE JURYCameron, Louisiana
ROAD AND BRIDGE MAINTENANCEBudgetary Comparison Schedule
For the Year Ended December 31,2006
REVENUESTaxes:
Ad valoremIntergovernmentalState
Federal FundsInterest earningsOther
Total revenues
EXPENDITURESCurrent:
Public worksCapital outlay
Total expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inDebt RetirementLoan ProceedsSale of Equipment
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
ORIGINALBUDGET
$ 380,000
156,3237,7503,750
50,000597,823
2,757,612
2,757,612
(2,159.789)
1,874,789
1.874,789
(285,000)
1,462.109
$ 1.177.109
ACTUALFINAL (BUDGETARY
BUDGET BASIS)
$ 955,000 $
266,3237,7503,750
50.0001,282,823
4,183,8283,205,5087,389,336
(6,106,513)
3,693,757
3,693,757
(2,412,756)
1.462.109
$ (950,647) $
956,210
180,1812,763,870
34,102170,943
4,105,306
3,948,0783,402,4207,350,49$
(3,245,192)
3,582,000(112,690)869,07843,181
4,381,569
1,136377
1,462,109
2,598,486
VARIANCEWITH FINAL
BUDGETPositive
(Negative)
$ 1,210
(86,142)2,756,120
30,352120,943
2.822,483
235,750(196,912)
38,838
2,861,321
(111,757)(112.690)869.07843,181
687,812
3,549,133
$ 3,549,133
(Concluded)
37
CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to Budgetary ComparisonFor the Year Ended December 31,2006
NOTE 1 - BUDGETARY POLICIES
Preliminary budgets for the ensuing year are prepared by the treasurer beginningin October of each year. During November the finance committee reviews the proposedbudgets and makes changes as it deems appropriate. The availability of the proposedbudgets for public inspection and the date of the public hearing on the budgets are thenadvertised in the official journal. Prior to its regular December meeting, the jury holds apublic hearing on the proposed budgets in order to receive comments from citizens.Changes are made to the proposed budgets based on the public hearing and the desiresof the police jury as a whole. Budgets are then adopted during the regular Decembermeeting, and notice is published in the official journal.
During the year, the police jury receives monthly budget comparison statementswhich are used as a tool to control the operations of the parish. The treasurer presentsnecessary budget amendments to the jury when she determines that actual operations arediffering materially from those anticipated in the original budget. The jury in regularsession reviews the proposed amendments, makes necessary changes, and formallyadopts the amendments. The adoption of amendments are included in jury minutespublished in the official journal. The police jury exercises budgetary control at thefunctional level. Within functional levels, the treasurer has the authority to makeamendments as necessary. The police jury uses encumbrance accounting. Outstandingpurchase orders are considered to assure that current-year appropriations are notexceeded. Outstanding encumbrances are reappropriated in the ensuing year's budget.Budget comparison statements included in the accompanying financial statements includethe original adopted budgets and all subsequent amendments.
38
OTHER SUPPLEMENTAL INFORMATION - PART I
CAMERON PARISH POLICE JURY
Combining Balance SheetNONMAJOR GOVERNMENTAL FUNDS
December 31,2006
Schedule 3
ASSETSCash and cash equivalentsReceivables, netBond origination costs, net and otherInterftmd receivables
TOTAL ASSETS
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfimd payables
Total Liabilities
Fund balances;Unreserved, undesignated, reported in:
Special revenue fundDebt service fondCapital Projects Fund
Total Fund Balances
Total liabilities and fund balances
SPECIAL DEBTREVENUE SERVICE
FUNDS FUNDS
$ 7,777,194 $3,747,523
1,7752,215,610
$ 13,742,102 $
234,908526,089
27,274
788,271
TOTAL
$ 8,012,1024,273,612
1,7752,242,884
$____H530,373
$ 1,325,434 $ 16,852191,400 23,491
1,516,834
12,225,268
12,225.268
40,343
747,928
747,928
$ 1,342,286214,891
1,557,177
12,225,268747,928
12,973,196
$ 13.742,102 $ 788.271 $ 14,530,373
39
CAMERON PARISH POLICE JURY
NONMAJOR GOVERNMENTAL FUNDSCombining Schedule of Revenues, Expenditures, and Fund Balances
For the Year Ended December 31,2006
Schedule 4
REVENUESTaxes:
Ad valoremFines, forfeitures, and court costsIntergovernmental:
State revenue sharingOther state revenuesFederal grantsLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General government:JudicialOther
Debt retirementPublic safetyPublic worksCulture and recreationHealth and welfare
Capital outlayTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inOperating transfers outInsurance ProceedsLoan ProceedsSale of capital assets
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
SPECIALREVENUE
FUNDS
$ 3,312,711191,190
9,07187,324
1,839,72416,343
407,205250,080
6,113,648
944,383
42,322651,061
1,117,753463,87067,734
2,397,6125,684,735
428,913
59,500
36,242488,018
100583,860
1,012,773
11,212,495
DEBTSERVICE
FUNDS
$ 513,400
12,4651,800
527,665
17,284394,895
412,179
115.486
-
115,486
632,442
TOTAL
$ 3,826,111191,190
9,07187,324
1,839,72416,343
419,670251,880
6,641,313
944,38317,284
437,217651,061
1,117,753463,87067,734
2,397,6126,096,914
544,399
59,500
36,242488,018
100583,860
1,128,259
11,844,937
$ 12.225.268 $ 747,928 $ 12.973,196
40
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Non-Major)Combining Balance Sheet
December 31,2006
Schedule 5
ASSETSCash and cash equivalentsReceivables, netBond origination costs and otherInternmd receivables
Total Assets
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfund payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported in:
Special revenue fundTotal Fund Balances
Total Liabilities and Fund Balances
COURT-HOUSE PARISHWIDEAND JAIL GARBAGE
$
$
$
907,231 $388,562
956,520
2,252,313 $
588,375 $11,195
599,570
1,652,7431,652,743
810,2381,153,591
273,041
2,236,870
252,14250,278
302,420
1,934,4501,934,450
HEALTHUNIT
$ 693,155193,034
465,475
$ 1,351,664
$ 205,03022,222
227,252
1,124,4121,124,412
$ 2.252,313 $ 2,236,870 $ 1,351,664
41
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Non-Major)Combining Balance Sheet
December 31,2006
Schedule 5
ASSETSCash and cash equivalentsReceivables, netBond origination costs and otherInterfund receivables
Total Assets
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfund payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported in:
Special revenue fundTotal Fund Balances
Total Liabilities and Fund Balances
COMMUNI-CRIMINAL CATIONS
COURT DISTRICT LIBRARY
$ 27,801 $21,408
39,631
$ 88,840 $
18,538 $19,89938,437
50,40350,403
331,701 $6,897
4,455
343,053 $
10,015 $979
10,994
332,059332,059
J, 680,099835,384
123,674
2,639,157
96,65268,255
164,907
2,474,2502,474,250
88.840 343,053 $ 2,639,157
42
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Non-Major)Combining Balance Sheet
December 31,2006
Schedule 5
FIRE FIRE FIRE FIREDISTRICT #1 DISTRICT #7 DISTRICT #9 DISTRICT #10
ASSETSCash and cash equivalentsReceivables, netBond origination costs and otherInterfiind receivables
Total Assets
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfiind payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported in:
Special revenue fundTotal Fund Balances
Total Liabilities and Fund Balances
$
$
$
852,034 $142,618
56,350
1,051,002 $
31,258 $1,251
32,509
1,018,4931,018,493
331,449 $29,694
28,201
389,344 $
49,062 $148
49,210
340,134340,134
519,369443,553
21,042
983,964
18,4241,08219,506
964,458964,458
$ 951,779312,611
28,112
$ 1,292,502
$ 18,277
18,277
1,274,2251,274,225
389.344 $ 983.964 $ 1.292,502
43
Schedule 5
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Non-Major)Combining Balance Sheet
December 31,2006
ASSETSCash and cash equivalentsReceivables, netBond origination costs and otherInterfund receivables
Total Assets
FIRE FIRE HACKBERRY FIREDISTRICT #14 DISTRICT #15 FIRE DISTRICT DISTRICT #16
54,755 $66,909
51,762
173,426 $
9,33019,013
28,343
279,617 $ 301,36086,977 47,272
25,798 7,545
392,392 $ 356,177
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfund payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported in:
Special revenue fundTotal Fund Balances
Total Liabilities and Fund Balances
13,755800
14.555
158,871158.871
$ 173.426
8141,1141,928
26,41526,415
18,742 $ 4,0751,251 -
19.993
372,399372,399
4,075
352,102352,102
356,177
44
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Non-Major)Combining Balance Sheet
December 31,2006
Schedule 5
ASSETSCash and cash equivalentsReceivables, netBond origination costs and otherInterfund receivables
Total Assets
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfund payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported in:
Special revenue fundTotal Fund Balances
Total Liabilities and Fund Balances
GRAVITY WEST CAMERONDRAINAGE TOURISM PORT
NO. 8 DEVELOPMENT COMMISSION
(61,742) $
1,775134.004
74,037 $
12,92612,926
61,11161.111
74,037 $
59,854
59,854
275 $
275
59,57959,579
59,854 $
15,033
15,033
15,03315,033
15,033
45
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Non-Major)Combining Balance Sheet
December 31,2006
Schedule 5
ASSETSCash and cash equivalentsReceivables, netBond origination costs and otherInterfund receivables
Total Assets
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfund payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported in:
Special revenue fimdTotal Fund Balances
Total Liabilities and Fund Balances
GRAND LAKE/SWEET LAKECEMETARY TOTAL
14,131
14,13114,131
7,777,1943,747,523
1,7752,215.610
14,131 $ 13,742,102
1,325,434191,400
1.516.834
12,225.26812,225.268
14,131 $ 13,742,102
46
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
Schedule 6
COURTHOUSE PARISHWIDE HEALTHAND JAIL GARBAGE UNIT
REVENUESTaxes:
Ad valoremFines, forfeitures, and court costsIntergovernmental:
State revenue sharingOther state revenuesFederal grantsLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General government:Judicial
Debt RetirementPublic safetyPublic worksCulture and recreationHealth and Welfare
Capital outlayTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inOperating transfers outInsurance RecoveryLoan ProceedsSale of capital assets
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
381,861
5,498
820,960
61,334
1.269,653
521,387
51,696
51,696
(196,834)
1.849,577
1,141,147 $ 182,650
11,904230,733
57,4033.256
1,444,443
1,104,693
110,464
110.464
342,844
1,591,606
1,246
450,240
24,997
659,133
996,7961,518,183
(248,530)
107,3701,212,063
232,380
67,734576,083643,817
15^16
17,960
17.960
33,276
1,091.136
1,652.743 1,934.450 $ 1,124,412
47
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
Schedule 6
CRIMINALCOURT
COMMUNI-CATIONSDISTRICT LIBRARY
REVENUESTaxes:
Ad valoremFines, forfeitures, and court costsIntergovernmental:
State revenue sharingOther state revenuesFederal grantsLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General government:Judicial
Debt RetirementPublic safelyPublic worksCulture and recreationHealth and Welfare
Capital outlayTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inOperating transfers outInsurance RecoveryLoan ProceedsSale of capital assets
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
$ 789,404191,190
25,00012,45716,3437,947
-252,937
4,455
14,410115,652134,517
16,17699,360
74,09588,052
1,067,087
422,996
105,945
1,756424,752
(171,815)
59,500
102,013
161,513
(10,302)
60,705
$ 50,403 $
105,945
28,572
2,407
2,407
30,979
301,080
332,059
463,104
162,723625,827
441,260
31,509124,573
100156,182
597,442
1,876,808
$ 2.474,250
48
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
Schedule 6
FIREDISTRICT #1
FIREDISTRICTS?
FIREDISTRICT
#9
REVENUESTaxes:
Ad valoremFines, forfeitures, and court costsIntergovernmental:
State revenue sharingOther state revenuesFederal grantsLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General government:Judicial
Debt RetirementPublic safetyPublic worksCulture and recreationHealth and Welfare
Capital outlayTotal expenditures
EXCESS peflciency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inOperating transfers outInsurance RecoveryLoan ProceedsSale of capital assets
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
$ 142,204 $ 23,810 $ 66,524
60,687
64,313125,000
118,813
32,280
32.280
151,093
867,400
3,54428,127
10,8587,735
74,074
54,170
81,350135,520
(61,446)
7,833
7,833
(53,613)
393,747
5,09621,495
26,5205,161
124,796
18,93384,729
3,042106,704
18,092
4,978
4,978
23,070
941,388
$ 1.018,493 $ 340,134 $ 964,458
49
Schedule 6
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
FIRE FIRE FIREDISTRICT #10 DISTRICT #14 DISTRICT #15
REVENUESTaxes:
Ad valoremFines, forfeitures, and court costsIntergovernmental:
State revenue sharingOther state revenuesFederal grantsLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General government:Judicial
Debt RetirementPublic safetyPublic worksCulture and recreationHealth and Welfare
Capital outlayTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inOperating transfers outInsurance RecoveryLoan ProceedsSale of capital assets
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
$ 322,595 $ 65,137 $ 18,001
243,854
31,554
44,1537,141
409,321
90,349
208,911299,260
110,061
9,887
9,887
119,948
1,154,277
5,09653,585
5,349
129,167
15,165132,442
3,833151,440
(22,273)
8,025
8,025
(14,248)
173,119
2,612
641
21,254
8,2247,536
15,760
5,494
1,434
1,434
6,928
19,487
$ 1.274.225 $ 158.871 $ 26,415
50
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
Schedule 6
GRAVITYHACKBERRY FIRE DRAINAGE
FIRE DISTRICT DISTRICT #16 NO. 8
REVENUESTaxes:
Ad valoremFines, forfeitures, and court costsIntergovernmental:
State revenue sharingOther state revenuesFederal grantsLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General government:Judicial
Debt RetirementPublic safetyPublic worksCulture and recreationHealth and Welfare
Capital outlayTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inOperating transfers outInsurance RecoveryLoan ProceedsSale of capital assets
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
111,587 67,791
1,8895,09624,075
18,4753,122
164,244
773
17,0652,50088,129
--
12,960
53-
13,013
99,383
191.435290,818
(126,574)
4,73314.375
19,108
(107,466)
479,865
15,712
15.712
72,417
93
93
72,510
279.592
13,060
13,060
(47)
(47)
61,158
372,399 352,102 61,111
51
Schedule 6
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
TOURISMDEVELOPMENT
WEST CAMERONPORT
COMMISSION
REVENUESTaxes:
Ad valoremFines, forfeitures, and court costsIntergovernmental:
State revenue sharingOther state revenuesFederal grantsLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General government:Judicial
Debt RetirementPublic safetyPublic worksCulture and recreationHealth and Welfare
Capital outlayTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inOperating transfers outInsurance RecoveryLoan ProceedsSale of capital assets
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
2,788
2,788
766
766
2.022
2,022
57.557
10.00010,000
10,000
10,000
5,033
59.579 15,033
52
Schedule 6
CAMERON PARISH POLICE JURY
SPECIAL REVENUE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
REVENUESTaxes:
Ad valoremFines, forfeitures, and court costsIntergovernmental:
State revenue sharingOther state revenuesFederal grantsLocal
Interest earningsOther
Total revenues
EXPENDITURESCurrent:
General government:Judicial
Debt RetirementPublic safetyPublic worksCulture and recreationHealth and Welfare
Capital outlayTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers inOperating transfers outInsurance RecoveryLoan ProceedsSale of capital assets
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
GRAND LAKE/SWEET LAKECEMETARY
$
4794,8005,279
108
108
5,171
TOTAL
$ 3,312,711191,190
9,07187,324
1,839,72416,343
407,205250,080
6,113,648
944,38342,322
651,0611,117,753
463,87067,734
2,397,6125,684,735
428,913
59,500
36,242488,018
100583,860
5,171
8,960
$ 14,131
1,012,773
11,212,495
$ 12,225,268
53
CAMERON PARISH POLICE JURY
DEBT SERVICE FUNDS (Nonmajor)Combining Balance Sheet
December 31,2006
Schedule 7
ASSETSCash and cash equivalentsReceivables, netInterfund receivables
TOTAL ASSETS
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfund payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported in:
Debt service fundTotal Fund Balances
Total liabilities and fund balances
FIREDISTRICT #7
20,18655,4484,659
1,773
1,773
78,52078,520
FIREDISTRICT
#9
$ 80,293 $
$ 80.293 S
308308
FIREDISTRICT
#10
308 $ 10
308 $ 10
1010
308 $ 10
54
CAMERON PARISH POLICE JURY
DEBT SERVICE FUNDS (Nonmajor)Combining Balance Sheet
December 31,2006
Schedule 7
ASSETSCash and cash equivalentsReceivables, netInterfimd receivables
TOTAL ASSETS
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfimd payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported In:
Debt service fundTotal Fund Balances
Total liabilities and fund balances
FIREDISTRICT
#16
62,08618,6218,657
70,27870,278
HACKBERRYFIRE DISTRICT
$ 89,364 $
WESTCAMERON
PORT,HARBOR, &TERMINAL
89,364 $
1,812 $ 136,477452,020
1,032
2,844 $
2,8442,844
2,844 $
588,497
$ 59518,49119,086
$
-
14,4845,00019,484
569,013569,013
588,497
55
CAMERON PARISH POLICE JURY
DEBT SERVICE FUNDS (Nonmajor)Combining Balance Sheet
December 31,2006
Schedule 7
ASSETSCash and cash equivalentsReceivables, netInterfund receivables
TOTAL ASSETS
LIABILITIES AND FUND BALANCESLiabilities:Accounts, salaries, and other payablesInterfund payables
Total Liabilities
Fund balances:Unreserved, undesignated, reported in:
Debt service fundTotal Fund Balances
Total liabilities and fund balances
GRAVITYDRAINAGE
DISTRICT NO.8 TOTAL
14,029 $
12,926
26,95526,955
234,908526,08927,274
26,955 $ 788.271
$ 16,85223,49140,343
747,928747,928
26,955 $ 788,271
56
Schedule 8
CAMERON PARISH POLICE JURY
DEBT SERVICE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
REVENUESTaxes:
Ad valoremFederal - in lieu of taxesInterest earningsOther
Total revenues
EXPENDITURESCurrent:
General government - otherDebt retirementTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers out
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
FIRE FIREDISTRICT #7 DISTRICT #9
FIREDISTRICT
#10
$ 46,076 $ $
1,133
47,209
1,88043,47545,355
1,854
.
1,854
76,666 308
$ 78,520 S 308
10
$ 10
57
Schedule 8
CAMERON PARISH POLICE JURY
DEBT SERVICE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
REVENUESTaxes:
Ad valoremFederal - in lieu of taxesInterest earningsOther
Total revenues
EXPENDITURESCurrent:
General government - otherDebt retirementTotal expenditures
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers out
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
FIREDISTRICT #16
$ 22,709
1,403
24,112
70914,01014,719
9,393
HACKBERRYFIRE DISTRICT
851,8001,885
72
72
1,813
WESTCAMERON
PORT,HARBOR, &TERMINAL
$ 444,615
9,168
453,783
14,623337,410352,033
101,750
-
9,393
60,885
$ 70,278
1,813
1,031
$ 2,844
101,750
467,263
$ 569,013
58
Schedule 8
CAMERON PARISH POLICE JURY
DEBT SERVICE FUNDS (Nonmajor)Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ended December 31,2006
GRAVITYDRAINAGEDISTRICT
NO. 8 TOTAL
REVENUESTaxes:
Ad valoremFederal - in lieu of taxesInterest earningsOther
Total revenues
EXPENDITURESCurrent:
General government - otherDebt retirementTotal expenditures
676
$ 513,400
12,4651,800
676 527.665
17,284394,895412,179
EXCESS (Deficiency) OF REVENUESOVER EXPENDITURES
OTHER FINANCING SOURCES (Uses):Operating transfers out
Total other financing sources (uses)
NET CHANGES IN FUND BALANCES
FUND BALANCES - JANUARY 1,2006
FUND BALANCES - DECEMBER 31,2006
676
676
26,279
26.955 $
115,486
115,486
632,442
747,928
59
Independent Auditors' Reports onCompliance and on Internal Control
The following independent auditors* reports on compliance with laws, regulations, contracts, and grantsand internal control are presented in compliance with the requirements of Government AuditingStandards* issued by the Comptroller General of the United States; OMB Circular A-133, Audits ofStates, Local Governments, and Non-Profit Organizations; and the Louisiana Governmental Audit Guide,issued by the Society of Louisiana Certified Public Accountants and the Louisiana Legislative Auditor.
LITTLE & ASSOCIATES LLCCERTIFIED PUBLIC ACCOUNTANTS
Wm. TOOO UTTL5, CPACHARLES R. MARCH8ANKS, JR., CPA
Independent Auditors* Report on Internal Control OverFinancial Reporting and on Compliance and
Other Matters Based on an Audit of Financial StatementsPerformed in Accordance With Government Auditing Standards
Cameron Parish Police JuryCameron, Louisiana
We have audited the financial statements of the governmental activities, each major fund, and theaggregate remaining fund information of the Cameron Parish Police Jury as of and for the year endedDecember 31, 2006, which collectively comprise the Cameron Parish Police Jury's basic financialstatements and have issued our report thereon dated August 28, 2007. We conducted our audit inaccordance with U.S. generally accepted auditing standards and the standards applicable to financialaudits contained in Government Auditing Standards, issued by the Comptroller General of the UnitedStates.
Internal Control Over Financial Reporting
In planning and performing our audit, we considered the Cameron Parish Police Jury's internal controlover financial reporting as a basis for designing our auditing procedures for the purpose of expressing ouropinions on the financial statements, but not for the purpose of expressing an opinion on the effectivenessof the Cameron Parish Police Jury's internal control over financial reporting. Accordingly, we do notexpress an opinion on the effectiveness of the Cameron Parish Police Jury's internal control over financialreporting.
Our consideration of the internal control over financial reporting was for the limited purpose described inthe preceding paragraph and would not necessarily identity all deficiencies in internal control overfinancial reporting mat might be significant deficiencies or material weaknesses. However, as discussedbelow, we identified certain deficiencies in internal control over financial reporting that we consider to besignificant deficiencies.
A control deficiency exists when the design or operation of a control does not allow management oremployees, in the normal course of performing their assigned functions, to prevent or detectmisstatements on a timely basis. A significant deficiency is a control deficiency, or combination ofcontrol deficiencies, that adversely affects the entity's ability to initiate, authorize, record, process, orreport financial data reliably in accordance with generally accepted principles such that mere is more mana remote likelihood that a misstatement of the entity's financial statements mat is more thaninconsequential will not be prevented or detected by the entity's internal control. We consider thedeficiency, 2006-01, described in the accompanying schedule of findings and questioned costs to be asignificant deficiency in internal control over financial reporting.
A material weakness is a significant deficiency, or combination of significant deficiencies, that results inmore than a remote likelihood that a material misstatement of the financial statements will not beprevented or detected by me entity's internal control.
PHONE (318) 301-9600 • fi\X [318) 361-9820 £6 808 NORTH 31" STREET • MONROE, LA 71201MAJUNO ADDRESS; P. 0. BOX 40S8 » MONROE, IA 71211-40B8
Our consideration of the internal control over financial reporting was for the limited purpose described inthe first paragraph of this section and would not necessarily identify all deficiencies in the internal controlthat might be significant deficiencies and, accordingly, would not necessarily disclose all significantdeficiencies that are also considered to be material weaknesses. However, we consider die significantdeficiency described above, item 2006-1, to be a material weakness.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the Cameron Parish Police Jury's financialstatements are free of material misstatement, we performed tests of its compliance with certain provisionsof laws, regulations, contracts and grant agreements, noncompliance with which could have a direct andmaterial effect on the determination of financial statement amounts. However, providing an opinion oncompliance with those provisions was not an objective of our audit and, accordingly, we do not expresssuch an opinion. The results of our tests disclosed no instances of noncompliance or other matters thatare required to be reported under Government Auditing Standards.
The Cameron Parish Police Jury's response to the finding identified in our audit is described in theaccompanying schedule of findings and questioned costs. We did not audit the Cameron Parish PoliceJury's response and, accordingly, we express no opinion on it.
This report is intended solely for the information and use of the members of the Cameron Parish PoliceJury, management of the Cameron Parish Police Jury, the Louisiana Legislative Auditor, federal awardingagencies, and pass-through entities and is not intended to be and should not be used by anyone other thanthese specified parties. Under Louisiana Revised Statute 24:513, this report is distributed by theLegislative Auditor as a public document.
Monroe, LouisianaAugust 28,2007
61
LITTLE & ASSOCIATES LLCCERTIFIED PUBLIC ACCOUNTANTS
Wm. TODO LITTie, CPACHARLES fi. MARCHBANKS, JR., CPA
Independent Auditors' Report on Compliance With RequirementsApplicable to Each Major Program and Internal Control Over
Compliance in Accordance With OMB Circular A-133
Cameron Parish Police JuryCameron, Louisiana
ComplianceWe have audited the compliance of the Cameron Parish Police Jury with the types of compliancerequirements described in the U. S. Office of Management and Budget (OMB) Circular A-133Compliance Supplement that are applicable to each if its major federal programs for the year endedDecember 31,2006. Cameron Parish Police Jury's major federal programs are identified in the summaryof auditors' results section of the accompanying schedule of findings and questioned costs. Compliancewith the requirements of laws, regulations, contracts and grants applicable to each of its major federalprograms is the responsibility of the Cameron Parish Police Jury's management. Our responsibility is toexpress an opinion on the Cameron Parish Police Jury's compliance based on our audit.
We conducted our audit of compliance in accordance with auditing standards generally accepted in theUnited States of America; the standards applicable to financial audits contained in Government AuditingStandards, issued by the Comptroller General of the United States; and OMB Circular A-133, Audits ofStates, Local Governments, and Non-Proflt Organizations. Those standards and OMB Circular A-133require that we plan and perform the audit to obtain reasonable assurance about whether noncompliancewith the types of compliance requirements referred to above that could have a direct and material effecton a major federal program occurred. An audit includes examining, on a test basis, evidence about theCameron Parish Police Jury's compliance with those requirements and performing such other proceduresas we considered necessary in the circumstances. We believe that our audit provides a reasonable basisfor our opinion. Our audit does not provide a legal determination on the Cameron Parish Police Jury'scompliance with those requirements.
In our opinion, the Cameron Parish Police Jury complied, in all material respects, with the requirementsreferred to above that are applicable to each of its major federal programs for the year ended December31,2006.
Internal Control Over ComplianceHie management of the Cameron Parish Police Jury is responsible for establishing and maintainingeffective internal control over compliance with requirements of laws, regulations, contracts and grantsapplicable to federal programs. In planning and performing our audit, we considered the Cameron ParishPolice Jury's internal control over compliance with the requirements that could have a direct and materialeffect on a major federal program in order to determine our auditing procedures for the purpose ofexpressing our opinion on compliance, but not for the purpose of expressing an opinion on theeffectiveness of internal control over compliance. Accordingly, we do not express an opinion on theeffectiveness of the Cameron Parish Police Jury's internal control over compliance.
PHONE f318) 361-9600 • RMC (316) 361-962O 62 80S NORTH 31" STREET * MONROE. LA 71201MAILING ADDRESS: P. 0. BOX 4063 . MONROE. LA 71211-4088
A control deficiency in an entity's internal control over compliance exists when the design or operation ofa control does not allow management or employees, in the normal course of performing their assignedfunctions, to prevent or detect noncompliance with a type of compliance requirement of a federal programon a timely basis. A significant deficiency is a control deficiency, or combination of control deficiencies,that adversely affects the entity's ability to administer a federal program such that there is more than aremote likelihood that noncompliance with a type of compliance requirement of a federal program that ismore than inconsequential will not be prevented or detected by the entity's internal control.
A material weakness is a significant deficiency, or combination of significant deficiencies, that results inmore than a remote likelihood that material noncompliance with a type of compliance requirement of afederal program will not be prevented or detected by the entity's internal control.
Our consideration of the internal control over compliance was for the limited purpose described in thefirst paragraph of this section and would not necessarily identify all deficiencies in internal control thatmight be significant deficiencies or material weaknesses. We did not identify any deficiencies in internalcontrol over compliance that we consider to be material weaknesses, as defined above.
This report is intended solely for the information and use of the members of the Cameron Parish PoliceJury, management of the Cameron Parish Police Jury, the Louisiana Legislative Auditor, federal awardingagencies, and pass-through entities and is not intended to be and should not be used by anyone other thanthese specified parties. Under Louisiana Revised Statute 24:513, this report is distributed by theLegislative Auditor as a public document.
Monroe, LouisianaAugust2832007
63
Schedule 9
CAMERON PARISH POLICE JURYCameron, Louisiana
Schedule of Findings and Questioned CostsFor the Year Ended December 31,2006
A. SUMMARY OF AUDIT RESULTS
Financial Statement Audit
1. The auditors* report expresses an unqualified opinion on the basic financial statements ofthe Cameron Parish Police Jury.
2. A significant deficiency relating to the audit of the financial statements is reported in theIndependent Auditors' Report on Internal Control Over Financial Reporting and onCompliance and Other Matters Based on an Audit Performed in Accordance WithGovernment Auditing Standards. The significant deficiency reported is considered to be amaterial weakness.
3. No instances of noncompliance material to the financial statements of the CameronParish Police Jury were disclosed during the audit.
Audit of Federal Awards
4. No significant deficiencies relating to the audit of the major federal award programs arereported in the Independent Auditors' Report on Compliance With Requirements Applicableto Each Major Program and on Internal Control Over Compliance in Accordance With OMBCircular A-l 33.
5. The auditors' report on compliance for the major federal award programs for theCameron Parish Police Jury expresses an unqualified opinion on all major programs.
6. There were no audit findings that are required to be reported in accordance with Section510(a) of OMB Circular A-133.
7. The programs tested as major programs included:
CFDA #97.036 Public Assistance GrantsCFDA #97.030 Community Disaster Loans
8. The threshold used for distinguishing Type A and B programs was $300,000.
9. The Cameron Parish Police Jury did not qualify as a low-risk auditee.
64
Schedule 9 (Continued)
CAMERON PARISH POLICE JURYCameron, Louisiana
Schedule of Findings and Questioned CostsFor the Year Ended December 31,2006
B. FINDINGS - FINANCIAL STATEMENTS AUDIT
2006-01 Interfund Activity Not Maintained Adequately
Criteria: Interfund activity should be recorded in each fund's general ledger as the activityoccurs. In addition, the interfund activity should be recorded in the fund's general ledger inaccordance with prescribed procedures to ensure that all interfund activity is properlyrecorded. Also, the sum of the interfund asset and liability balances, as reported in thebalance sheets of the funds, should be equal to each other at ail times.
Condition: The Police Jury's interfund activity was not recorded hi the general ledger in atimely manner throughout the year and also was not recorded in the general ledger in aconsistent manner. This resulted in a lack of agreement between the sum of all interfundasset balances and liability balances.
Context: This condition was prevalent throughout the year.
Effect: By not timely or properly recording interfund activity, funds may receive income orabsorb expenses that or those of another fund.
Cause: Unknown.
Recommendation: We recommend that the Police Jury adopt a prescribed set of policiesand procedures for recording the interfund activity. The policies and procedures shouldinclude provisions that require the Police Jury to record the interfund activity as it occurs andto reconcile the sum of the interfund asset balances and liability balances on a monthly basisat a minimum.
Views of Responsible Officials and Planned Corrective Action: We are in agreement withauditors' finding and assessment of the finding. We will implement policies and proceduresover the recording of interfund activity as recommended by the auditor.
C. FINDINGS - MAJOR FEDERAL AWARDS PROGRAM AUDIT
None
65
Schedule 10
CAMERON PARISH POLICE JURYCameron, Louisiana
Summary Schedule of Prior Audit FindingsFor the Year Ended December 31,2006
In connection with our audit of the financial statement of the Cameron Parish Police Jury as ofDecember 31, 2006, we also have reviewed the status of prior year findings. The followingpresents the status of those findings:
2005-01 Compliance With Local Governmental Budget Act
Summary of Finding: Actual expenditures of the Road and Bridge Maintenance Fundexceeded final amended budgeted expenditures by $242,341, or nine percent (9%), which isin violation of the Local Governmental Budget Act.
Status: Resolved
66
OTHER SUPPLEMENTAL INFORMATION - PART H
Schedule 11
CAMERON PARISH POLICE JURYCameron, Louisiana
Schedule of Compensation Paid Police JurorsFor the Year Ended December 31,2006
2006
Scott Trahan $ 14,400DarrylFarque . 14,400Magnus McGee 14,400Douaine Conner 14,400James Doxey 14,400Steve Trahan 14,400Charles Precht, HI 14,400
$ 100,800
67
Schedule 12CAMERON PARISH POLICE JURY
Cameron, Louisiana
Schedule of Expenditures of Federal AwardsFor the Year Ended December 31,2006
FEDERAL GRANTOR/PASS-THROUGH GRANTOR/ PROGRAM TITLE
CFDANUMBER
PASSTHROUGH
GRANTOR'SNUMBER EXPENDITURES
Passed through Louisiana Department of Natural Resources - CoastalZone Management Administration Awards
Total Pass-Through Programs
Total United States Department of Commerce
United States Department of Homeland SecurityPassed through the Louisiana Office of Homeland Security /
Emergency Preparedness - Public Assistance GrantCommunity Disaster LoanOffice of State Police- ODP Grant
Total United States Department of Homeland Security
United States Department of TransportationPassed through Louisiana Department of Transportation and Development:
Formula Grants for Other than Urbanized AreasJob Access/Reverse Commute
Total United States Department of Transportation
United States Department of InteriorDirect Programs:
Payments in Lieu of TaxesTotal Direct Programs - United States Department of Interior
11.419 2515-07-102513-06-012515-06-08
17,00075,92434,000
126.924
97.03697.03097.067
20.50920.516
15.226
126,924
6,641,8811,921,629
350,4858,913,995
56,565
25,775
82,340
41,79741,797
Total 9,165,056
68
CAMERON PARISH POLICE JURYCameron, Louisiana
Notes to the Schedule of Expenditures of Federal AwardsFor the Year Ended December 31,2006
1. GENERAL
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awardsprograms of the Cameron Parish Police Jury. The Cameron Parish Police Jury reporting entity is definedin Note 1 to the Cameron Parish Police Jury's primary government financial statements. Federal awardsreceived directly from federal agencies, as well as federal awards passed through other governmentalagencies, are included on the schedule. The information in this schedule is presented in accordance withthe requirements of OMB Circular A-133, Audits of States, Local Governments, and Non-ProfitOrganizations.
2. BASIS OF ACCOUNTING
The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrualbasis of accounting, which is described in Note 1 to the Cameron Parish Police Jury's primarygovernment financial statements.
3. RELATIONSHIP TO PRIMARY GOVERNMENT FINANCIAL STATEMENTS
Amounts reported in the accompanying schedule agree with the amounts reported in the related financialstatements except for changes made to reflect amounts in accordance with U. S. generally acceptedaccounting principles. Federal awards in the amount of $7,243,427 are reported in revenues in theStatement of Net Assets and Statement of Revenues, Expenditures, and Changes in Fund Balances.Federal awards in the amount of $1,921,629 received from the proceeds of the Community Disaster Loanare reported as a financing source in the Statement of Revenues, Expenditures, and Changes in FundBalances and as a liability in the Statement of Net Assets.
69