SACRAMENTO COUNTY DEPARTMENT OF AIRPORTS
|
|
- Joel Bryan
- 5 years ago
- Views:
Transcription
1 SACRAMENTO COUNTY DEPARTMENT OF AIRPORTS Independent Auditors Report On Schedules of Revenues, Net Revenues, Debt Service and Rate Covenant Calculations For Airport Revenue Bonds For the Fiscal Year Ended June 30, 2013
2 Vavrinek, Trine, Day & Co., LLP Certified Public Accountants VALUE THE DIFFERENCE INDEPENDENT AUDITORS REPORT Board of Supervisors County of Sacramento, California Report on the Schedules We have audited the accompanying Schedules of Revenues, Net Revenues, Debt Service and Rate Covenant Calculations for the Airport System Revenue Bonds (Schedules) of the Sacramento County Department of Airports (Department), an enterprise fund of the County of Sacramento (County), California, as of and for the fiscal year ended June 30, 2013, and the related notes to the schedules. Management s Responsibility for the Schedule Management is responsible for the preparation and fair presentation of the Schedules in accordance with the financial reporting provisions of Section 6.04 of the Master Indenture of Trust dated May 1, 2008 (Master Indenture). Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of the Schedules that are free from material misstatement, whether due to fraud or error. Auditors Responsibility Our responsibility is to express an opinion on the Schedules based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the Schedules are free of material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the Schedules. The procedures selected depend on the auditor s judgment, including the assessment of the risks of material misstatement of the Schedules, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Department s preparation and fair presentation of the Schedules in order to design audit procedures that are appropriate in the circumstance, but not for the purpose of expressing an opinion on the effectiveness of the entity s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluation the overall presentation of the Schedules. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the Schedules referred to above, present fairly, in all material respects, the information set forth therein for the fiscal year ended June 30, 2013, on the basis of accounting described in Note A River Plaza Drive, Suite 308 Sacramento, CA Tel: Fax: FRESNO LAGUNA HILLS PALO ALTO PLEASANTON RANCHO CUCAMONGA riverside Sacramento
3 Basis of Accounting We draw attention to Note A to the Schedules, which describes the basis of accounting. The Schedules were prepared on the basis of the financial reporting provisions of Section 6.04 of the Master Indenture, which is a basis of accounting other than accounting principles generally accepted in the United States of America, to comply with the financial reporting provisions of the Master Indenture referred to above. Our opinion is not modified with respect to this matter. Restriction on Use This report is intended solely for the information and use of the Board of Supervisors, management, and the Trustee and is not intended to be and should not be used by anyone other than these specified parties. Sacramento, California November 6,
4 SCHEDULES OF REVENUES, NET REVENUES, DEBT SERVICE AND RATE COVENANT CALCULATIONS FOR AIRPORT REVENUE BONDS OPERATING REVENUES: Concessions $ 68,752,509 Building rents 61,114,151 Airfield charges 21,849,813 Airport services 4,819,705 Ground leases 1,900,740 Sales of fuel 809,600 Other 146,116 Total Operating Revenues 159,392,634 Nonoperating Revenues 3,542,291 Total Revenues 162,934,925 OPERATING EXPENSES: Salaries and benefits 36,149,138 Services and supplies 57,088,926 Cost of goods sold 641,268 Other 238,992 Total Operating Expenses 94,118,324 Accrued Debt Service Interest payments: July December 2012 $ 20,093,537 January June ,093,537 Total interest payments 40,187,074 Principal payments - July 1, ,940,000 Total Accrued Debt Service $ 52,127,074 See accompanying notes to Schedule. 3
5 SCHEDULES OF REVENUES, NET REVENUES, DEBT SERVICE AND RATE COVENANT CALCULATIONS FOR AIRPORT REVENUE BONDS, (Continued) Rate Covenant - per Section 6.04 (a) Revenues $ 162,934,925 Less: Operating Expenses (94,118,324) Transfers required by Sections 5.04 (b) through (k) 1 Accrued Debt Service on Senior Obligations $ 52,127,074 Operating Reserve Account Deposit (948,619) Total Transfers $ 51,178,455 Total Transfers Coverage (>1.00) 1.34 Rate Covenant - per Section 6.04 (b)(i) Transfer (limited to 25%) 13,031,769 Net Revenues + Transfer $ 81,848,370 Accrued Debt Service on Senior Obligations 52,127,074 Debt Service Coverage (>1.25) 1.57 Rate Covenant - per Section 6.04 (b)(ii) Transfer (limited to 10%) 5,212,707 Net Revenues + Transfer $ 74,029,308 Accrued Debt Service on Senior Obligations $ 52,127,074 Debt Service on Subordinate Obligations 30,159,794 LESS: Available PFC Revenues (21,939,794) LESS: Available Grant Revenues (8,220,000) Accrued Debt Service of Sr. & Sub. Obligations $ 52,127,074 Debt Service Coverage (>1.10) 1.42 (Continued) See accompanying notes to Schedule. 4
6 SCHEDULES OF REVENUES, NET REVENUES, DEBT SERVICE AND RATE COVENANT CALCULATIONS FOR AIRPORT REVENUE BONDS, (Continued) Rate Covenant - per Section 6.04 (b)(iii) Accrued Debt Service on Senior Obligations $ 52,127,074 Subordinate Obligations 30,159,794 LESS: Available PFC Revenues (21,939,794) LESS: Available Grant Revenues (8,220,000) Total $ 52,127,074 Debt Service Coverage (>1.00) The calculation of the rate covenant pursuant to Section 6.04 (a) includes only the items for which a transfer was required during FY Transfers are defined as amounts withdrawn from the Revenue Fund during such fiscal year to pay operating expenses and to make any required payments or deposits to pay or secure the payment of Obligations (obligations, including bonds, pursuant to the Master and Supplemental Indentures). See accompanying notes to Schedule. 5
7 NOTES TO SCHEDULES OF REVENUES, NET REVENUES, DEBT SERVICE AND RATE COVENANT CALCULATIONS FOR AIRPORT REVENUE BONDS NOTE A - BASIS OF PRESENTATION The accompanying Schedules of Revenues, Net Revenues, Debt Service and Rate Covenant Calculations for Airport System Revenue Bonds were prepared to comply with the requirements of Section 6.04 of the Master Indenture of Trust by and between the County of Sacramento and the Bank of New York Trust Company dated May 1, 2008 (Master Indenture). The definitions of Revenues, Net Revenues, Debt Service and Rate Covenants used in this report are as set forth in Master Indenture. NOTE B - RECONCILIATION TO COUNTY OF SACRAMENTO DEPARTMENT OF AIRPORTS ENTERPRISE FUND FINANCIAL STATEMENTS The following is a reconciliation of amounts shown in the accompanying Schedules to amounts reported in the audited financial statements of the Sacramento County Department of Airports for the year ended June 30, The financial statements of the Airport may be obtained by writing to the Sacramento County Department of Airports, 6900 Airport Boulevard, Sacramento, California Amounts per the Statement of Revenues, Expenses, and Changes in Net Position: Revenues Net Revenues Total operating revenues plus total nonoperating revenues $ 235,603,281 Change in net position $ 29,820,947 Adjustments to calculate revenues and net revenues as stated in the bond indenture: Interest earnings excluded from revenues (48,803) (48,803) Depreciation and amortization 51,673,862 Amortization of bond issuance cost 703,026 Bond interest expense 59,286,319 Gain on sale of assets (45,689) (45,689) Loss on sale of assets 803 Capital Contributions (54,969,536) (54,969,536) Passenger facility charges revenue (17,604,328) (17,604,328) Amounts per accompanying schedule $ 162,934,925 $ 68,816,601 6
BALLSTON PUBLIC PARKING GARAGE FUND (An Enterprise Fund of Arlington County, Virginia)
SCHEDULES OF NET CASH FLOW AND MCI AREA'S NET CASH FLOW AS DEFINED BY TIME SHARING AND LEASE AGREEMENTS FOR THE YEAR ENDED JUNE 30, 2018 ( WITH INDEPENDENT AUDITORS' REPORT THEREON ) Report of Independent
More informationPalmdale Redevelopment Successor Agency
Independent Accountants' Report on Applying Agreed-Upon Procedures pursuant to AB 1484 (Low and Moderate Income Housing Fund) Vavrinek, Trine, Day & Co., LLP Certified Public Accountants VALUE THE DIFFERENCE
More informationMETROTOWN PLACE I BURNABY, BRITISH COLUMBIA
Statement of Operating Costs and Taxes METROTOWN PLACE I Tel: 604 688 5421 Fax: 604 688 5132 vancouver@bdo.ca www.bdo.ca BDO Canada LLP 600 Cathedral Place 925 West Georgia Street Vancouver BC V6C 3L2
More informationMETROTOWN PLACE I BURNABY, BRITISH COLUMBIA
Statement of Operating Costs and Taxes METROTOWN PLACE I Year ended December 31, 2016 IBDO Tel: 604 688 5421 Fax: 604 688 5132 vancouver@bdo.ca www.bdo.ca BOO canada UP 600 cathedral Place 925 West Georgia
More informationSAN FRANCISCO WATER DEPARTMENT AND HETCH HETCHY WATER AND POWER. Statement of Changes in the Balancing Account. June 30, 2007
SAN FRANCISCO WATER DEPARTMENT AND Statement of Changes in the Balancing Account (With Independent Auditors Report Thereon) kpmg Independent Auditors Report The City and County of San Francisco and the
More informationAgreed-Upon Procedures-Calculation of Long-Term Debt Service Coverage Ratio
Agreed-Upon Procedures-Calculation of Long-Term Debt Service Coverage Ratio December 31, 2011 CONTENTS INDEPENDENT ACCOUNTANT S REPORT ON APPLYING AGREED-UPON PROCEDURES Pages 1-2 ATTACHMENT Calculation
More informationINDEPENDENT AUDITORS REPORT 1. Balance Sheets 2. Statements of Operations 3. Statements of Changes in Partners Capital 4. Statements of Cash Flows 5
Sunrise Carlisle, LP Financial Statements as of and for the Years Ended December 31, 2016 and 2015, Other Financial Information, and Independent Auditors Reports TABLE OF CONTENTS INDEPENDENT AUDITORS
More informationBRANTFORD MUNICIPAL NON-PROFIT HOUSING CORPORATION
FINANCIAL STATEMENTS For the year ended December 31, 2012 For the year ended December 31, 2012 INDEX Page INDEPENDENT AUDITORS' REPORT 1-2 FINANCIAL STATEMENTS Statement of Financial Position 3 Statement
More informationBRANTFORD MUNICIPAL NON-PROFIT HOUSING CORPORATION
FINANCIAL STATEMENTS For the year ended December 31, 2011 For the year ended December 31, 2011 INDEX Page INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS Statement of Financial Position 3 Statement
More informationSunrise Stratford, LP
Sunrise Stratford, LP Financial Statements as of and for the Years Ended December 31, 2017 and 2016, Other Financial Information, and Independent Auditors Reports TABLE OF CONTENTS INDEPENDENT AUDITORS
More informationSouthern California Presbyterian Homes and Affiliates
Southern California Presbyterian Homes and Affiliates Continuing Care Reserve Report Schedules for the Year Ended December 31, 2017, and Independent Auditors Report AND AFFILIATES TABLE OF CONTENTS INDEPENDENT
More informationNC STATE UNIVERSITY PARTNERSHIP CORPORATION AND AFFILIATES CONSOLIDATED FINANCIAL REPORT. JUNE 30, 2016 and 2015
NC STATE UNIVERSITY PARTNERSHIP CORPORATION AND AFFILIATES CONSOLIDATED FINANCIAL REPORT JUNE 30, 2016 and 2015 NC State University Partnership Corporation and Affiliates Consolidated Financial Statements
More informationFinancial Statements January 31, 2016 and February 1, 2015 PetSmart Charities of Canada
Financial Statements January 31, 2016 and February 1, 2015 PetSmart Charities of Canada www.eidebailly.com Table of Contents Independent Auditor s Report... 1 Financial Statements... Error! Bookmark not
More informationMountain Equipment Co-operative
Mountain Equipment Co-operative Consolidated Financial Statements, and December 28, 2009 April 11, 2012 Independent Auditor s Report To the Members of Mountain Equipment Co-operative We have audited the
More informationWATERWORKS DISTRICT NO. 6 OF THE PARISH OF BEAUREGARD BEAUREGARD PARISH POLICE JURY STATE OF LOUISIANA
WATERWORKS DISTRICT NO. 6 OF THE PARISH OF BEAUREGARD BEAUREGARD PARISH POLICE JURY STATE OF LOUISIANA ANNUAL FINANCIAL STATEMENTS WITH INDEPENDENT AUDITOR'S REPORT DECEMBER3I, 2014 T able of Contents
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC FORM 8-K/A
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationThe YMCA of Greater Vancouver Properties Foundation
Financial statements The YMCA of Greater Vancouver Properties Foundation Independent auditors report To the Directors of The YMCA of Greater Vancouver Properties Foundation Report on the financial statements
More informationFinancial Statements and Independent Auditor s Report. PetSmart Charities of Canada, Inc. February 3, 2013 and January 29, 2012
Financial Statements and Independent Auditor s Report PetSmart Charities of Canada, Inc. February 3, 2013 and January 29, 2012 Contents Page Independent Auditor s Report 3 Statements of Financial Position
More informationMEADOW PARK SENIOR HOUSING ASSOCIATION / MEADOW PARK SENIOR APARTMENTS HUD PROJECT NO. 127 EE021. Financial Statements and Single Audit Reports
MEADOW PARK SENIOR HOUSING ASSOCIATION / MEADOW PARK SENIOR APARTMENTS HUD PROJECT NO. 127 EE021 Financial Statements and Single Audit Reports Table of Contents Independent Auditor s Report 1 2 Financial
More informationGREATER POMONA HOUSING DEVELOPMENT CORPORATION dba ACCESS VILLAGE HUD PROJECT NO. 122-EH175-WAH-LS FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION
GREATER POMONA HOUSING DEVELOPMENT CORPORATION HUD PROJECT NO. 122-EH175-WAH-LS FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION June 30, 2016 and 2015 TABLE OF CONTENTS INDEPENDENT AUDITORS' REPORT
More informationFinancial Statements January 29, 2017 and January 31, 2016 PetSmart Charities of Canada
Financial Statements January 29, 2017 and January 31, 2016 PetSmart Charities of Canada Table of Contents Independent Auditor s Report... 1 Financial Statements... Error! Bookmark not defined. Statement
More informationROCKFORD AREA HABITAT FOR HUMANITY, INC. FINANCIAL STATEMENTS and INDEPENDENT AUDITOR S REPORT. For the years ended June 30, 2014 and 2013
FINANCIAL STATEMENTS and INDEPENDENT AUDITOR S REPORT For the years ended June 30, 2014 and 2013 TABLE OF CONTENTS Independent Auditor s Report 1 Statements of Financial Position 2 Statements of Activities
More informationROAD HOME CORPORATION d/b/a LOUISIANA LAND TRUST STATE OF LOUISIANA
ROAD HOME CORPORATION d/b/a LOUISIANA LAND TRUST STATE OF LOUISIANA FINANCIAL STATEMENT AUDIT ISSUED NOVEMBER 24, 2010 LEGISLATIVE AUDITOR 1600 NORTH THIRD STREET POST OFFICE BOX 94397 BATON ROUGE, LOUISIANA
More informationDGN III, INC. HUD PROJECT NO. 066-EE116-WAH FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION
FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION Years Ended June 30, 2016 and 2015 C O N T E N T S Page Number REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS 1 FINANCIAL STATEMENTS Statements of
More informationFinancial Statements January 28, 2018 PetSmart Charities of Canada
Financial Statements January 28, 2018 Table of Contents Independent Auditor s Report... 1 Financial Statements Statement of Financial Position... 2 Statement of Operations and Changes in Fund Balances...
More informationDGN II, INC. HUD PROJECT NO. 066-EE108-WAH FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION
FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION Years Ended June 30, 2016 and 2015 C O N T E N T S Page Number REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS 1 FINANCIAL STATEMENTS Statements of
More informationGEORGIA ADVANCED TECHNOLOGY VENTURES, INC. AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS YEARS ENDED JUNE 30, 2017 AND 2016
GEORGIA ADVANCED TECHNOLOGY VENTURES, INC. CONSOLIDATED FINANCIAL STATEMENTS YEARS ENDED with INDEPENDENT AUDITORS REPORT TABLE OF CONTENTS PAGE INDEPENDENT AUDITORS REPORT 3-4 CONSOLIDATED STATEMENT OF
More informationSansiri Public Company Limited and its subsidiaries Report and consolidated financial statements 31 December 2017
Sansiri Public Company Limited and its subsidiaries Report and consolidated financial statements 31 December 2017 Independent Auditor's Report To the Shareholders of Sansiri Public Company Limited Opinion
More informationFinancial Reports SOUTHGATE ACADEMY, INC. SINGLE AUDIT REPORTING PACKAGE YEAR ENDED JUNE 30, 2017
Financial Reports SINGLE AUDIT REPORTING PACKAGE YEAR ENDED JUNE 30, 2017 TABLE OF CONTENTS Independent Auditors' Report 1 FINANCIAL STATEMENTS Statements of Financial Position 4 Statements of Activities
More informationHABITAT FOR HUMANITY OF THE MIDDLE KEYS, INC. Financial Statements. December 31, (With Independent Auditors Report Thereon)
Financial Statements (With Independent Auditors Report Thereon) TABLE OF CONTENTS PAGE Independent Auditors Report 1-2 Financial Statements for the year ended Statement of Financial Position 3 Statement
More informationEVERGREEN COURT SENIOR HOUSING ASSOCIATION / EVERGREEN COURT SENIOR APARTMENTS HUD PROJECT NO. 127 EE013
EVERGREEN COURT SENIOR HOUSING ASSOCIATION / EVERGREEN COURT SENIOR APARTMENTS HUD PROJECT NO. 127 EE013 Financial Statements and Single Audit Reports Table of Contents Independent Auditor s Report 1 2
More informationHOUSING AUTHORITY OF THE COUNTY OF MONTEREY CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENT ARY INFORMATION For the year ended June 30, 2016 with
HOUSING AUTHORITY OF THE COUNTY OF MONTEREY CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENT ARY INFORMATION For the year ended June 3, 216 with Report of Independent Auditors and Management's Discussion
More informationCC HOLDINGS GS V LLC INDEX TO FINANCIAL STATEMENTS. Consolidated Financial Statements Years Ended December 31, 2011, 2010 and 2009
INDEX TO FINANCIAL STATEMENTS Consolidated Financial Statements Years Ended December 31, 2011, 2010 and 2009 Report of PricewaterhouseCoopers LLP, Independent Auditors...................................
More informationCimmaron II Apartments Limited Partnership. Financial Statements Years Ended December 31, 2015 and 2014
Financial Statements Years Ended December 31, 2015 and 2014 And Supplementary Information Year Ended December 31, 2015 Table of Contents Page Independent Auditor's Report...1-2 Financial Statements Balance
More informationIrvine Community Land Trust
Financial Statements Irvine Community Land Trust June 30, 2016 CONTENTS Page Independent Auditor's Report 3 Statement of Financial Position 4 Statement of Activities 5 Statement of Functional Expenses
More informationANNUAL REPORT 2017 Lake Country Co-operative Association Limited
ANNUAL REPORT Management's Responsibility To the Members of Lake Country Co-operative Association Limited: Management is responsible for the preparation and presentation of the accompanying financial statements,
More informationBRITISH COLUMBIA CONFERENCE PROPERTY DEVELOPMENT COUNCIL OF THE UNITED CHURCH OF CANADA FINANCIAL STATEMENTS 31 DECEMBER 2016
FINANCIAL STATEMENTS 31 DECEMBER 2016 Financial Statements Contents Independent Auditors' Report Statement of Financial Position 4 Statement of Changes in Net Assets Statement of Operations 5 6 Statement
More informationHABITAT FOR HUMANITY OF GREATER NEW HAVEN, INC. AND SUBSIDIARY Consolidated Financial Statements December 31, 2009
HABITAT FOR HUMANITY OF GREATER NEW HAVEN, INC. AND SUBSIDIARY Consolidated Financial Statements December 31, 2009 HABITAT FOR HUMANITY OF GREATER NEW HAVEN, INC. AND SUBSIDIARY CONSOLIDATED FINANCIAL
More informationNorth Fork Rancheria Indian Housing Authority A Component Unit of the North Fork Rancheria of Mono Indians of California Financial Statements and
North Fork Rancheria Indian Housing Authority A Component Unit of the North Fork Rancheria of Mono Indians of California Financial Statements and Supplemental Material Year Ended September 3, 216 Table
More informationHousing Authority of Cook County Chicago, Illinois. Annual Financial Report Year Ended March 31, 2016
Annual Financial Report Year Ended Table of Contents Page Independent Auditor s Report 1-2 Management s Discussion and Analysis (MD&A) 3-7 Financial Statements: Statement of Net Position 8-9 Statement
More informationConsolidated Financial Statements of ECOTRUST CANADA. Year ended December 31, 2016
Consolidated Financial Statements of ECOTRUST CANADA KPMG Enterprise TM Metro Tower I 4710 Kingsway, Suite 2400 Burnaby BC V5H 4M2 Canada Telephone (604) 527-3600 Fax (604) 527-3636 INDEPENDENT AUDITORS
More informationTWENTY SIXTH AMENDMENT TO THE OFFERING PLAN A PLAN TO CONVERT TO COOPERATIVE OWNERSHIP PREMISES AT 350 BLEECKER STREET, NEW YORK, NEW YORK
TWENTY SIXTH AMENDMENT TO THE OFFERING PLAN A PLAN TO CONVERT TO COOPERATIVE OWNERSHIP PREMISES AT 350 BLEECKER STREET, NEW YORK, NEW YORK The Offering Plan, dated December 31, 1984, as amended by the
More informationGOODWILL PLAZA, INC. HUD Project No Financial Statements and Supplementary Information December 31, 2016
GOODWILL PLAZA, INC. Financial Statements and Supplementary Information December 31, 2016 WlED McGee Maruca & Associates, P.C. Certified Public Accountants 3111 Banksviile Road, Suite 200 Pittsburgh, PA
More informationWeantinoge Heritage Land Trust, Inc. Financial Statements and Independent Auditor's Report December 31, 2016
Financial Statements and Independent Auditor's Report ACCOUNTING AND CONS U LTING Index to Financial Statements December 31,2016 Page(s) Independent Auditor's Report 1-2 Financial Statements: Statements
More informationThistle Community Housing and Subsidiaries dba Thistle Communities
dba Thistle Communities Consolidated Financial Statements and Supplemental Information with Independent Auditors Report Contents Page Independent Auditors Report... 1 Consolidated financial statements:
More informationBRIDGE ATTAINABLE HOUSING SOCIETY
BRIDGE ATTAINABLE HOUSING SOCIETY Financial Statements Index to the Financial Statements Page INDEPENDENT AUDITOR'S REPORT 1 FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Operations
More informationHABITAT FOR HUMANITY KANSAS CITY, INC. FINANCIAL STATEMENTS
HABITAT FOR HUMANITY KANSAS CITY, INC. FINANCIAL STATEMENTS Year Ended December 31, 2015 Mayer Hoffman McCann P.C. An Independent CPA Firm 700 West 47th Street, Suite 1100 Kansas City, MO 64112 Main: 816.945.5600
More informationHABITAT FOR HUMANITY OF BROWARD, INC.
FINANCIAL STATEMENTS CONTENTS Independent Auditors Report... 1-3 Financial Statements Statement of Financial Position...4 Statement of Activities and Changes in Net Assets...5 Statement of Cash Flows...6
More informationBoard of Trustees, Cincinnati Southern Railway
Financial Statements and Additional Financial Information Years Ended December 31, 2016 and 2015 with Independent Auditors Report TABLE OF CONTENTS Independent Auditors Report... 1-2 Financial Statements:
More informationHABITAT FOR HUMANITY OF BROWARD, INC.
FINANCIAL STATEMENTS CONTENTS Independent Auditors Report... 1-3 Financial Statements Statement of Financial Position...4 Statement of Activities and Changes in Net Assets...5 Statement of Cash Flows...6
More informationWATERWORKS DISTRICT NO. 6 OF THE PARISH OE BEAUREGARD BEAUREGARD PARISH POLICE JURY STATE OE LOUISIANA
WATERWORKS DISTRICT NO. 6 OF THE PARISH OE BEAUREGARD BEAUREGARD PARISH POLICE JURY STATE OE LOUISIANA ANNUAL FINANCIAL STATEMENTS WITH INDEPENDENT AUDITOR'S REPORT DECEMBER 31. 2016 T able of Contents
More informationILLINOIS HOUSING DEVELOPMENT AUTHORITY
ILLINOIS HOUSING DEVELOPMENT AUTHORITY FINANCIAL REPORTING GUIDELINES FOR MORTGAGORS OF MULTIFAMILY HOUSING PROJECTS * IMPORTANT UPDATES * PLEASE READ The Illinois Housing Development Authority ( IHDA
More informationALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST. Financial Statements. Year Ended December 31, 2004
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST Financial Statements Year Ended December 31, 2004 Auditors' Report To the Unitholders of Allied Properties Real Estate Investment Trust We have audited the
More informationOperating Results of Authority Parking Garages and Lots. For the Year Ended March 31, 2017 & 2016
Pittsburgh, Pennsylvania Operating Results of Authority Parking Garages and Lots For the Year Ended March 31, 2017 & 2016 For the Year Ended March 31, 2017 & 2016 Table of Contents Independent Auditor
More informationCONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING JULY 27, 2016
CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING JULY 27, 2016 CONCORDE ESTATES COMMUNITY DEVELOPMENT DISTRICT AGENDA JULY 27, 2016 at 10:00 a.m. Concorde Estates Clubhouse
More informationSuccessor Agency of the Former Redevelopment Agency of the City of Redlands
Successor Agency of the Former Redevelopment Agency of the City of Redlands Due Diligence Review of the Low and Moderate Income Housing Fund Pursuant to Sections 34179.5(c)(1) through 34179.5( c)(3) and
More informationHABITAT FOR HUMANITY OF GREATER BATON ROUGE, INC. BATON ROUGE, LOUISIANA FINANCIAL STATEMENTS JUNE 30,2016
FINANCIAL STATEMENTS JUNE 30,2016 CONTENTS Independent Auditor's Report i-ii Financial Statements: Statement of Financial Position 1 Statement of Activities 2 Statement of Functional Expenses 3 Statement
More informationCHRISTIAN CONCERN, INC. TIA JEFFERSON APARTMENTS HUD PROJECT NO. 034-SHOJO AUDITED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION
CHRISTIAN CONCERN, INC. HUD PROJECT NO. 034-SHOJO AUDITED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION FOR THE YEARS ENDED JUNE 30, 2016AND 2015 CHRISTIAN CONCERN. INC. HUD PROJECT NO. 034-SHOJO
More information$4,115,000 City of Wheeling, West Virginia (Stone Building Renovation Project) TAX INCREMENT REVENUE BONDS SERIES 2005 A
$4,115,000 City of Wheeling, West Virginia (Stone Building Renovation Project) TAX INCREMENT REVENUE BONDS SERIES 2005 A ANNUAL CONTINUING DISCLOSURE REPORT In accordance with the City s Continuing Disclosure
More informationINSTALLMENT PURCHASE AGREEMENT
INSTALLMENT PURCHASE AGREEMENT by and between COUNTY SANITATION DISTRICT NO. 14 OF LOS ANGELES COUNTY and LOS ANGELES COUNTY SANITATION DISTRICTS FINANCING AUTHORITY Dated as of 1, 2015 TABLE OF CONTENTS
More informationCRA/LA, a Designated Local Authority Successor Agency to The Community Redevelopment Agency of The City of Los Angeles
Successor Agency to The Community Redevelopment Agency of The City of Los Angeles Community Redevelopment Agency of the City of Los Angeles Table of Contents Independent Accountant s Report on Applying
More informationCity of Palo Alto (ID # 3972) City Council Staff Report
City of Palo Alto (ID # 3972) City Council Staff Report Report Type: Consent Calendar Meeting Date: 8/5/2013 Summary Title: Establishing GO Bond Tax Levy Title: Adoption of Resolution Establishing Fiscal
More informationCITIES FINANCIAL TRANSACTIONS
CITIES FINANCIAL TRANSACTIONS COVER PAGE City of Merced Fiscal Year: 2016 ID Number: 11982452700 Certification: I hereby certify that, to the best of my knowledge and belief, the report forms fairly reflect
More informationBrixmor Residual Holding LLC and Subsidiaries Years Ended December 31, 2013 and 2012 With Report of Independent Auditors
C ONSOLIDATED F INANCIAL S TATEMENTS Brixmor Residual Holding LLC and Subsidiaries Years Ended December 31, 2013 and 2012 With Report of Independent Auditors Ernst & Young LLP 1403-1211259 Consolidated
More informationTownship of Ligonier Westmoreland County, Pennsylvania REQUEST FOR PROPOSALS PROFESSIONAL FINANCIAL AND ADMINISTRATIVE AUDITING SERVICES
Township of Ligonier Westmoreland County, Pennsylvania REQUEST FOR PROPOSALS PROFESSIONAL FINANCIAL AND ADMINISTRATIVE AUDITING SERVICES Township of Ligonier 1 Municipal Park Drive Ligonier, PA 15658 (724)
More informationTownship of Salisbury Lehigh County, Pennsylvania REQUEST FOR PROPOSALS PROFESSIONAL FINANCIAL AND ADMINISTRATIVE AUDITING SERVICES
Township of Salisbury Lehigh County, Pennsylvania REQUEST FOR PROPOSALS PROFESSIONAL FINANCIAL AND ADMINISTRATIVE AUDITING SERVICES Township of Salisbury 2900 South Pike Avenue Allentown, PA 18103 (610)
More informationMendocino Land Trust Financial Statements June 30, 2016
Mendocino Land Trust Financial Statements Table of Contents INFORMATION ABOUT THE ORGANIZATION PAGE 3 INDEPENDENT AUDITOR S REPORT PAGE 4 FINANCIAL STATEMENTS Statement of Financial Position PAGE 6 Statement
More informationPerry Farm Development Co.
(a not-for-profit corporation) Consolidated Financial Report December 31, 2010 Contents Report Letter 1 Consolidated Financial Statements Balance Sheet 2 Statement of Operations 3 Statement of Changes
More informationBasic Financial Statements and Independent Auditor's Report As of and for the Year Ended December 31, 2005
RECEIVED. 06JUN27 AM IMS ST. JANES PARISH ASSESSOR Basic Financial Statements and Independent Auditor's Report As of and for the Year Ended December 31, 2005 Under provisions of state law, this report
More informationIndependent auditor s report 1. Statements of financial position 3. Statements of activities 4. Statements of cash flows 5
INDEX TO AUDITED FINANCIAL STATEMENTS AND SINGLE AUDIT REPORTS AND SCHEDULES June 30, 2017 and 2016 AUDITED FINANCIAL STATEMENTS Independent auditor s report 1 Statements of financial position 3 Statements
More informationBuild Toronto Inc. Consolidated Financial Statements December 31, 2015
Consolidated Financial Statements May 10, 2016 Independent Auditor s Report To the Shareholder of Build Toronto Inc. We have audited the accompanying consolidated financial statements of Build Toronto
More informationHABITAT FOR HUMANITY OF SAN FERNANDO / SANTA CLARITA VALLEYS, INC. FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2015
ENG: 1375T01/2015/II/2110 4/27/2016 9:20 AM Draft #1.4 Final Sent April 27, 2016 HABITAT FOR HUMANITY OF SAN FERNANDO / SANTA CLARITA VALLEYS, INC. FINANCIAL STATEMENTS FOR THE YEAR ENDED FINANCIAL STATEMENTS
More informationTULSA DEVELOPMENT AUTHORITY (A Component Unit of the City of Tulsa, Oklahoma) FINANCIAL REPORTS June 30, 2018 and 2017
FINANCIAL REPORTS June 30, 2018 and 2017 Index Page Independent Auditor s Report 1 Management s Discussion and Analysis 3 Basic Financial Statements: Statements of Net Position 9 Statements of Revenues,
More informationSANDS OF KAHANA VACATION CLUB REPORT ON AUDIT OF FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2010
SANDS OF KAHANA VACATION CLUB REPORT ON AUDIT OF FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2010 CONTENTS INDEPENDENT AUDITOR'S REPORT PAGE 1 FINANCIAL STATEMENTS: BALANCE SHEET STATEMENT OF OPERATIONS
More informationAAT Professional Diploma in Accounting
Qualification Number: R486 04 Qualification Technical Information Version 1.1 published 13 June 2016 AAT Professional Diploma in Accounting Qualification Technical Information Units in this qualification
More informationTHE UNIVERSITY OF BRITISH COLUMBIA
AGENDA ITEM NO. THE UNIVERSITY OF BRITISH COLUMBIA FOR INFORMATION ONLY FORWARDED TO: BOARD OF GOVERNORS ON RECOMMENDATION OF PRESIDENT STEPHEN J. TOOPE APPROVED FOR SUBMISSION: DATE PRESENTED BY: DATE
More information2011 ANNUAL REPORT. 1. The Audited Financial Statements of the Capistrano Unified School District June 30, 2011.
$49,675,000 COMMUNITY FACILITIES DISTRICT NO. 90-2 OF THE CAPISTRANO UNIFIED SCHOOL DISTRICT (TALEGA) (IMPROVEMENT AREA NO. 2002-1) SERIES 2003 SPECIAL TAX BONDS 2011 ANNUAL REPORT This continuing disclosure
More informationI ROC 2017 Financial Administrators Section Conference
I ROC 2017 Financial Administrators Section Conference September 9, 2017 kpmg.ca Presenters Chris Cornell KPMG Partner, Financial Services Steven Sharma KPMG Partner, Financial Services 2 IIROC 2017 Financial
More informationORDINANCE NUMBER 1154
ORDINANCE NUMBER 1154 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PERRIS ACTING AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2005-1 (PERRIS VALLEY VISTAS) OF THE CITY OF PERRIS AUTHORIZING
More informationSECURITIES AND EXCHANGE COMMISSION. Washington, D.C FORM 10-K
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended December 31, 2000 Commission
More informationCITY OF HIALEAH, FLORIDA. Annual Report of Financial Information and Operating Data for the Fiscal Year Ended September 30, 2017
CITY OF HIALEAH, FLORIDA Annual Report of Financial Information and Operating Data for the Fiscal Year Ended September 30, 2017 FLORIDA MUNICIPAL LOAN COUNCIL Revenue Bonds, Series 2011D (City of Hialeah
More informationREPORT OF SPECIAL TAX LEVY FOR THE CITY OF LAKE ELSINORE. CITY OF LAKE ELSINORE CFD (Rosetta Canyon Public Improvements) Fiscal Year
REPORT OF SPECIAL TAX LEVY FOR THE CITY OF LAKE ELSINORE CITY OF LAKE ELSINORE CFD 2004-3 (Rosetta Canyon Public Improvements) Fiscal Year 2006-07 Submitted to: City of Lake Elsinore Riverside County,
More informationAccounting and Auditing. Norman Mosrie, CPA, FMFMA, CHFP James Sutherland, CPA
Accounting and Auditing Norman Mosrie, CPA, FMFMA, CHFP James Sutherland, CPA Leases (ASU 2016-02; Topic 842) A lease contract conveys the right to use an asset (the underlying asset) for a period of time
More informationComprehensive Annual Financial Report. For the Year Ended September 30,2006
Comprehensive Annual Financial Report For the Year Ended September 3,26 Under provisions of state law, this report is a public document Acopy of the report has been submitted to the entity and other appropriate
More informationQ Earnings Call November 7, 2018
Q3 2018 Earnings Call November 7, 2018 1 Important Information This presentation contains forward-looking statements that involve risks, uncertainties and assumptions, including guidance, projections,
More informationTrigon Agri A/S Corrective/supplementary information to the Annual Report 2011
Trigon Agri A/S Corrective/supplementary information to the Annual Report 2011 1 Management s statement On 10 December 2012, the Danish Securities Council issued a ruling where they disagreed with the
More informationCOUSINS PROPERTIES INCORPORATED SAME PROPERTY GROWTH Second Quarter 2010 Compared to First Quarter 2010 (in thousands, except percentages)
SAME PROPERTY GROWTH Second Quarter 2010 Compared to First Quarter 2010 (in thousands, except percentages) Same Property Non-Same All Properties Office Retail Total Q1 2010 Q2 2010 % Change Q1 2010 Q2
More informationSOUTHERN HILLS PLANTATION I COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019 PROPOSED BUDGET UPDATED APRIL 23, 2018
FISCAL YEAR 2019 PROPOSED BUDGET UPDATED APRIL 23, 2018 TABLE OF CONTENTS Description Page Number(s) General Fund 1-2 Definitions of General Fund Expenditures 3-4 Debt Service Fund - Series 2011 5 Bond
More informationSOUTHERN HILLS PLANTATION I COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2018 ADOPTED BUDGET JUNE 7, 2017
FISCAL YEAR 2018 ADOPTED BUDGET JUNE 7, 2017 TABLE OF CONTENTS Description Page Number(s) General Fund 1-2 Definitions of General Fund Expenditures 3-4 Debt Service Fund - Series 2011 5 Bond Amortization
More informationThe Prelim Report CALIFORNIA. Sample Preliminary Report with Descriptions of Items in a Report NORTH AMERICAN TITLE COMPANY.
The Prelim Report CALIFORNIA Sample Preliminary Report with Descriptions of Items in a Report NORTH AMERICAN TITLE COMPANY Like Clockwork www.nat.com SAMPLE Preliminary Report A Preliminary Report is defined
More informationGOVERNMENTAL ACCOUNTING CHANGES ON THE HORIZON: WHY TRIBES NEED TO BE PROACTIVE
Tony Abeyta GOVERNMENTAL ACCOUNTING CHANGES ON THE HORIZON: WHY TRIBES NEED TO BE PROACTIVE Chris Tyhurst, CPA Chris Bitakis, CPA The information provided herein should not be construed as financial, investment,
More informationGovernment Properties Income Trust Announces 2013 Fourth Quarter and Year End Results
February 18, 2014 Government Properties Income Trust Announces 2013 Fourth Quarter and Year End Results NEWTON, Mass.--(BUSINESS WIRE)-- Government Properties Income Trust (NYSE: GOV) today announced its
More informationTownship of Southgate
Page Special Council Agenda 1. Call to Order Township of Southgate Mayor Fosbrooke called the meeting to order at [TIME]. June 27, 2018 9:30 AM 2. Confirmation of Agenda Be it resolved that Council confirm
More informationKIRANA MANAGEMENT CORPORATION (PTG/WP.20/1934/2002) FINANCIAL STATEMENTS 31 OCTOBER 2011
KIRANA MANAGEMENT CORPORATION FINANCIAL STATEMENTS 31 OCTOBER 2011 0 STATEMENT BY COUNCIL MEMBERS KIRANA MANAGEMENT CORPORATION ( KMC ) was incorporated on 6 January 2006 under the Strata Titles Act, 1985
More informationHABITAT FOR HUMANITY OF KANSAS CITY, INC. FINANCIAL STATEMENTS
FINANCIAL STATEMENTS Year Ended June 30, 2017 700 West 47th Street, Suite 1100 Kansas City, MO 64112 Main: 816.945.5600 Fax: 816.897.1280 www.mhmcpa.com INDEPENDENT AUDITORS' REPORT To the Board of Directors
More informationPURSUANT TO AB 1484 AND AS DESCRIBED IN SECTION TO THE CALIFORNIA HEALTH AND SAFETY CODE
CITY OF SAN JOSE INDEPENDENT ACCOUNTANTS' REPORT ON APPLYING AGREED-UPON PROCEDURES ON THE LOW AND MODERATE INCOME HOUSING FUND OF THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE, CALIFORNIA PURSUANT
More informationGovernment Properties Income Trust Announces 2013 Second Quarter Results
July 31, 2013 Government Properties Income Trust Announces 2013 Second Quarter Results NEWTON, Mass.--(BUSINESS WIRE)-- Government Properties Income Trust (NYSE: GOV) today announced its financial results
More informationCOOPERATIVE AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF RIO VISTA AND THE CITY OF RIO VISTA
COOPERATIVE AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF RIO VISTA AND THE CITY OF RIO VISTA This Cooperative Agreement (this Agreement ) is entered into effective as of March 17, 2011 ( Effective
More informationCONSOLIDATED STATEMENT OF INCOME
CONSOLIDATED STATEMENT OF INCOME 1 st quarter (a) 2017 4 th quarter Sales 41,183 42,275 32,841 Excise taxes (5,090) (5,408) (5,319) Revenues from sales 36,093 36,867 27,522 Purchases, net of inventory
More informationThe amount the city, county, or city and county received pursuant to subparagraph (A) of paragraph (3) of subdivision (b) of Section
SB 341 Annual Report Housing Successor Agency of the Community Development Commission of the City of Escondido Fiscal Year End June 30, 2017 The dissolution of the California redevelopment agencies in
More information