County Of Santa Cruz, California

 

Comprehensive Annual Financial Report

Year Ended June 30, 2004

 

 

 

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Cover Page

 

 

Page(s)

 

 

INTRODUCTORY SECTION

 

 

 

  Letter of Transmittal

vii-xiii

  Organization Chart

xiv

  Directory of Public Officials

xv

  Government Finance Officers Association Certificate of Achievement for Excellence in

     Financial Reporting for 2003

 

xvi

 

 

FINANCIAL SECTION

 

 

 

Independent Auditors’ Report

3-4

 

 

Management’s Discussion and Analysis (Required Supplementary Information)

7-21

 

 

Basic Financial Statements:

 

 

 

  Government-wide Financial Statements:

 

 

 

    Statement of Net Assets

25

    Statement of Activities

26

 

 

  Fund Financial Statements:

 

 

 

    Governmental Funds:

 

      Balance Sheet

30

Reconciliation of the Governmental Funds Balance Sheet to the

Government-wide Statement of Net Assets – Governmental Activities

 

31

      Statement of Revenues, Expenditures, and Changes in Fund Balances

32

      Reconciliation of the Governmental Funds Statement of Revenues, Expenditures,

        and Changes in Fund Balances to the Government-wide Statement of Activities –

        Governmental Activities

 

 

33

 

 

    Proprietary Funds:

 

      Statement of Fund Net Assets

34

      Statement of Revenues, Expenses, and Changes in Fund Net Assets

35

      Statement of Cash Flows

36-37

 

 

    Fiduciary Funds:

 

      Statement of Fiduciary Net Assets

38

 

 

  Notes to the Basic Financial Statements

41-88

 

 

  Required Supplementary Information (other than MD&A):

 

 

 

    Schedule of Funding Progress

91

    Budgetary Comparison Schedule – General Fund

92-101

    Budgetary Comparison Schedule – Special Revenue Fund – Redevelopment Agency

102-103

    Notes to the Budgetary Comparison Schedules

104-105

 

 


 

 

Page(s)

 

 

  Combining and Individual Fund Statements and Schedules:

 

 

 

    Nonmajor Governmental Funds:

 

      Nonmajor Governmental Funds – Descriptions

109

      Combining Balance Sheet

110

      Combining Statement of Revenues, Expenditures, and Changes in Fund Balances

111

      Budgetary Comparison Schedule – Capital Project Funds

112

 

 

        Nonmajor Special Revenue Funds:

 

          Nonmajor Special Revenue Funds – Descriptions

114-115

          Combining Balance Sheet

116-117

          Combining Statement of Revenues, Expenditures, and Changes in Fund Balances

118-119

          Budgetary Comparison Schedule:

 

            Library

120

            Fire

121

            Off Highway Road and Transportation

122

            Fish and Game

123

            Private Revitalization of Downtown

124

            Park Dedication

125

            Santa Cruz Flood Control & Water Conservation-Zn.7

126

            In-Home Support Service

127

            Districts Governed by the Board of Supervisors:

 

              Public Protection

128

              Recreation and Culture

129

              Public Ways and Facilities

130

              Geologic Hazard Abatement District

131

 

 

        Nonmajor Debt Service Funds:

 

          Nonmajor Debt Service Funds – Descriptions

133

          Combining Balance Sheet

134

          Combining Statement of Revenues, Expenditures, and Changes in Fund Balances

135

 

 

    Nonmajor Enterprise Funds:

 

      Nonmajor Enterprise Funds – Descriptions

137

      Combining Statement of Fund Net Assets

138-139

      Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets

140-141

      Combining Statement of Cash Flows

142-143

 

 

    Internal Service Funds:

 

      Internal Service Funds – Descriptions

145

      Combining Statement of Fund Net Assets

146-147

      Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets

148-149

      Combining Statement of Cash Flows

150-151

 

 


 

 

Page(s)

    Fiduciary Funds:

 

      Fiduciary Funds – Descriptions

153

      Agency Funds:

 

        Combining Statement of Changes in Assets and Liabilities

154-155

 

 

    Capital Assets Used in the Operation of Governmental Funds:

 

      Comparative Schedules by Source

157

      Schedule by Function and Activity

158

      Schedule of Changes by Function and Activity

159

 

 

STATISTICAL SECTION (UNAUDITED)

 

 

 

    Government-wide Expenses by Function

163

    Government-wide Revenues

164

    General Governmental Expenditures by Function

165

    General Governmental Revenues by Source

166

    General Fund Tax Revenues by Source

167

    General Fund Property Tax Levies and Collections

168

    Gross Assessed Value of Taxable Property

169

    Property Tax Rates - Direct and Overlapping Governments

170

    Computation of Legal Debt Margin

171

    Statement of Direct and Overlapping Debt

172

    Budgeted Positions

173

    General Information

174

    Schedule of Insurance in Effect

175

    Property Values, Units of Construction and Bank Deposits

176

    Special Assessment Billings and Collections

177

    Outstanding Debt of the Public Financing Authority

178

    Principal Taxpayers

179

 

 

GLOSSARY (UNAUDITED)

182-186