Fiscal Year Ended June 30, 2003 Citizens Serving Citizens Comprehensive Annual Financial Report Maricopa County Phoenix, Arizona For the Fiscal Year July 1, 2002 to June 30, 2003 Prepared By Department of Finance Tom Manos, Chief Financial Officer INTRODUCTORY SECTION Table of Contents Listing of Maricopa County Officials Organizational Charts Letter of Transmittal Citizens Audit Advisory Committee Letter Certificate of Achievement for Excellence in Financial Reporting Comprehensive Annual Financial Report Table of Contents For the Fiscal Year Ended June 30, 2003 Introductory Section Page Table of Contents Listing of Maricopa County Officials Organizational Charts Letter of Transmittal Maricopa County Citizens Audit Advisory Committee Letter Certificate of Achievement for Excellence in Financial Reporting i v vii ix xii xiii Financial Section Independent Auditors’ Report 1 Management’s Discussion and Analysis (MD&A) 3 Basic Financial Statements Definitions of Government-wide Financial Statements and Listing of Major Funds 21 Government-wide Financial Statements Statement of Net Assets Statement of Activities 23 24 Fund Financial Statements Governmental Funds Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balances Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities 26 28 30 Proprietary Funds Financial Statements Statement of Net Assets Statement of Revenues, Expenses, and Changes in Fund Net Assets Statement of Cash Flows 32 34 36 Fiduciary Funds Financial Statements Statement of Fiduciary Net Assets Statement of Changes in Fiduciary Net Assets 38 39 Basic Financial Statements - Notes 43 Required Supplementary Information Budgetary Comparison Schedules – General Fund and Major Special Revenue Funds General Fund General Fund by Department Jail Operations Fund 79 80 81 Note to Budgetary Comparison Schedules 82 i Table of Contents (Continued) For the Fiscal Year Ended June 30, 2003 Page Schedule of Agent Retirement Plans’ Funding Progress 83 Modified Approach for Infrastructure Assets 84 Other Supplementary Information Budgetary Comparison Schedules - Major Debt Service and Capital Projects Funds General Obligation Fund – Debt Service Fund Lease Revenue Fund – Debt Service Fund Jail Construction Fund – Capital Projects Fund County Improvement Fund – Capital Projects Fund 87 88 89 90 Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects 91 Combining and Individual Fund Statements and Schedules – Nonmajor Funds Listing of Nonmajor Governmental Funds 97 Governmental Funds Combining Balance Sheet Combining Statement of Revenues, Expenditures, and Changes in Fund Balances 104 122 Schedules of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual Special Revenue Funds Adult Probation Grants Fund Adult Probation Services Fund Animal Control Fund Animal Control Field Services Fund Animal Control Grants Fund Bank One Ballpark Operations Fund CDBG Housing Trust Fund Child Support Automation Fund Child Support Enhancement Fund Children’s Issues Education Fund Clerk of Court EDMS Fund Clerk of Court Fill the Gap Fund Clerk of Court Grants Fund Clerk of Court Spousal Maintenance Enforcement Fund Conciliation Court Special Fund Correctional Health Grants Fund County Attorney Check Enforcement Program Fund County Attorney Criminal Justice Enhancement Fund County Attorney Drug Diversion Fund County Attorney Fill the Gap Fund County Attorney Grants Fund County Attorney Victim Compensation and Assistance Fund County Attorney Victim Compensation and Restitution Fund ii 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 Table of Contents (Continued) For the Fiscal Year Ended June 30, 2003 Page Special Revenue Funds (Continued) Court Automation Fund Document Retrieval Fund Domestic Relations Education Fund Economic Development Fund Emergency Management Fund Environmental Services Fund Environmental Services Environmental Health Fund Environmental Services Grant Fund Expedited Child Support Fund Flood Control Fund General Government Grants Fund Housing Department Fund Human Services Grants Fund Juror Improvement Fund Justice Court Enhancement Fund Justice Court Grants Fund Justice Court Judicial Enhancement Fund Juvenile Court Grants Fund Juvenile Probation Fund Juvenile Probation Diversion Fees Fund Juvenile Restitution Fund Law Library Fund Legal Defender Fill the Gap Fund Library Fund Library Grants Fund Old Courthouse Fund Palo Verde Fund Parks and Recreation Grants Fund Parks Donations Fund Parks Enhancement Fund Parks Lake Pleasant Fund Parks Souvenir Fund Parks Spur Cross Ranch Fund Planning and Development Fund Planning Project Fees Fund Probate Programs Fund Public Defender Fill the Gap Fund Public Defender Grants Fund Public Defender Training Fund Public Health Fund Public Health Pharmacy Fund Recorder’s Surcharge Fund Research and Reporting Fund RICO Fund Sheriff Donations Fund Sheriff Grants Fund Sheriff Inmate Health Services Fund Sheriff Special Funding Fund Stadium District Fund iii 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 Table of Contents (Continued) For the Fiscal Year Ended June 30, 2003 Page Special Revenue Funds (Continued) Superior Court Fill the Gap Fund Superior Court Grants Fund Superior Court Judicial Enhancement Fund Superior Court Special Fund Transportation Fund Transportation Grants Fund Victim Location Fund Waste Tire Program Fund 212 213 214 215 216 217 218 219 Debt Service Funds Stadium District Fund 220 Capital Projects Funds Bank One Ballpark Project Reserve Fund Flood Control Capital Projects Fund General Fund County Improvement Fund Intergovernmental Capital Projects Fund Major League Stadium Fund Transportation Capital Projects Fund 221 222 223 224 225 226 Nonmajor Enterprise Funds Listing of Nonmajor Enterprise Funds Combining Statement of Net Assets Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets Combining Statement of Cash Flows 229 230 231 232 Internal Service Funds Listing of Internal Service Funds Combining Statement of Net Assets Combining Statement of Revenues, Expenses, and Changes in Net Assets Combining Statement of Cash Flows 235 236 238 240 Trust and Agency Funds Listing of Trust and Agency Funds Combining Statement of Fiduciary Net Assets – Investment Trust Funds Combining Statement of Fiduciary Net Assets – Agency Funds Combining Statement of Changes in Fiduciary Net Assets – Investment Trust Funds Combining Statement of Changes in Assets and Liabilities – Agency Funds 245 246 247 248 249 Capital Assets Schedules Capital Assets Used in the Operation of Governmental Funds Comparative Schedules by Source Schedule by Function and Activity Schedule of Changes by Function and Activity 253 254 256 Statistical Section Listing of Statistical Information 261 iv Maricopa County Officials BOARD OF SUPERVISORS Fulton Brock, Chairman, District 1 Don Stapley, District 2 Andrew Kunasek, District 3 Max Wilson, District 4 Mary Rose Garrido Wilcox, District 5 ♦♦♦ COUNTY ADMINISTRATIVE OFFICER David R. Smith ♦♦♦ CHIEF FINANCIAL OFFICER Tom Manos v vi Organizational Charts Elected/Court Elected/Court Officials Officials Maricopa County Citizens Superintendent Superintendentof of Schools Schools Constables Constables(23) (23) County CountyAttorney Attorney Sheriff Sheriff Board Boardof ofSupervisors/Board Supervisors/Boardof of Directors Directorsfor forFlood FloodControl, Control, Library Libraryand andStadium StadiumDistricts Districts Clerk Clerkof ofCourt Court Clerk of the Board Assessor Assessor Appointed Treasurer Treasurer Recorder Recorder S.T.A.R. Call Center Elections Internal Audit County Administrative Officer Deputy County Administrator Legal Defender Indigent Representation Public Defender Legal Advocacy Contract Counsel Integrated Criminal Justice Information Systems Office of Communications Maricopa Integrated Health System Deputy County Administrator Chief Financial Officer Chief Community Services Officer Chief Health Services Officer Regional Development Services Officer Information Technology Officer Management & Budget Finance Recreation Services Public Health Transportation Office of the C.I.O Human Resources Risk Management Library District Human Services Flood Control District Telecommunications Research & Reporting Materials Management Public Fiduciary Medical Examiner Facilities Management E-Government Technology General Government Real Estate Planning & Development Correctional Health Emergency Management Housing Animal Control Services Community Development Environmental Services Health Care Mandates Equipment Services Capital Facilities Dev. Planning & Development Solid Waste Stadium District vii Infrastructure Technology Center Customer Support Center Organizational Charts (Continued) Arizona Judicial Branch in Maricopa County Clerk Clerkofofthe theSuperior SuperiorCourt Court Juvenile JuvenileCourt Court Juvenile Court Center Trial TrialCourts, Courts,Maricopa MaricopaCounty County Superior SuperiorCourt CourtJudges Judgesand and Commissioners Commissioners Maricopa MaricopaCounty CountyJustice JusticeCourts Courts Adult Probation Superior Court Administration viii Justice Court Administration Maricopa County County Administrative Office 301 West Jefferson Street 10th Floor Phoenix, AZ 85003-2143 Phone: 602-506-3571 Fax: 602-506-3328 www.maricopa.gov December 19, 2003 The Honorable Board of Supervisors Maricopa County County Administration Building 301 W. Jefferson Street Phoenix, AZ 85003 It is our pleasure to submit to you the Comprehensive Annual Financial Report of Maricopa County for the year ended June 30, 2003. This report has been prepared in conformity with U.S. generally accepted accounting principles (GAAP) as prescribed in pronouncements of the Governmental Accounting Standards Board (GASB). Responsibility for both the accuracy of the data and the completeness and fairness of the presentation, including all disclosures, rests with the management of Maricopa County. We believe the data, as presented, is accurate in all material aspects and shown in a manner designed to present fairly the financial position and results of operations. Internal Controls The management of Maricopa County is responsible for establishing and maintaining a system of internal control. Internal accounting controls are designed to provide reasonable, but not absolute assurance regarding: 1) the safeguarding of assets against loss from unauthorized use or disposition; and 2) the reliability of financial records for preparing financial statements and maintaining accountability for assets. The concept of reasonable assurance recognizes that: 1) the cost of a control should not exceed the benefits likely to be derived; and 2) the evaluation of costs and benefits requires estimates and judgments by management. All internal control evaluations occur within the above framework. We believe that Maricopa County’s accounting controls adequately safeguard assets and provide reasonable assurance that financial transactions are properly recorded. Independent Audit State law requires the State Auditor General to conduct financial audits of the accounts and records of County and State agencies. The examination is conducted in accordance with U.S. generally accepted governmental auditing standards, and the Independent Auditors’ Report is presented as the first component of the financial section of this report. ix Single Audit Maricopa County receives both federal and state financial assistance and is responsible for maintaining effective internal control over compliance with applicable laws and regulations related to those programs. Management and the accounting staff periodically evaluate these internal controls. As part of the government’s single audit, tests are made to determine the adequacy of the internal controls, including that portion related to federal and state financial assistance programs, and County compliance with applicable laws and regulations. The Federal Single Audit Report is issued separately from this report. Expenditure Limitation On June 30, 1980, Arizona voters approved general propositions amending the Arizona Constitution to establish expenditure and revenue limitations for local governments. The purpose of the expenditure limitation is to control expenditures and to limit future increases in spending to adjustments for inflation, deflation and population growth of the County. The Constitution also limits the amount of revenues that may be generated from property taxes. A two-percent plus new construction annual increase is the maximum allowed by law unless special voter approval is obtained. The Reporting Entity The financial reporting entity includes all the funds of the primary government (Maricopa County), as well as its component units. Component units are legally separate entities for which the primary government is financially accountable. Blended component units, although legally separate entities, are, in substance, part of the primary government’s operations and are included as part of the primary government. Accordingly, the Maricopa County Flood Control District, Stadium District, Library District and various improvement districts are reported as part of the governmental funds of the primary government. There are various school districts, irrigation districts, and fire districts within Maricopa County governed by independently elected boards. The financial statements of such districts are not included in this report except to reflect amounts held in a fiduciary capacity by the County Treasurer. The reporting entity is further described in the Notes to the Financial Statements (Note 1 - Summary of Significant Accounting Policies). Cash Management and Investment The Maricopa County Treasurer is responsible for investing cash from the county, schools, and special districts. The Arizona Revised Statutes for investment of public monies provides guidance to the Treasurer. The investment practice is to minimize credit and market risks while maintaining a competitive yield on its portfolio. The effective annual yield on investments for fiscal year 2003 was 2.54%. Interest earned by County funds is apportioned quarterly based on the average daily cash balance. x Risk Management The County is exposed to various risks of loss related to general and auto liability, property, aviation liability, medical malpractice, and workers compensation. The County is self-insured for the first $5,000,000 per occurrence of general and auto liability, $5,000,000 per occurrence of medical malpractice, and $1,000,000 per occurrence of workers’ compensation. Coverage in excess of these respective amounts is provided through the purchase of commercial insurance. The County has not had any claims that have exceeded the commercial coverage in the last three years. Maricopa County has a safety program that promotes employee safety on the job and focuses on risk control techniques designed to minimize accident-related losses. In addition to the safety program’s preventative measures, the Risk Management Department investigates every claim and arbitrates each loss in order to minimize the County’s liability exposure. Awards The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to Maricopa County, Arizona for its comprehensive annual financial report for the fiscal year ended June 30, 2002. This was the fourteenth consecutive year that the government has achieved this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized comprehensive annual financial report. This report must satisfy both U.S. generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that our current comprehensive annual financial report continues to meet the Certificate of Achievement Program’s requirements and we are submitting it to the GFOA to determine its eligibility for another certificate. Acknowledgment The preparation of this report could not be accomplished without the efficient and dedicated services of the Department of Finance staff, the assistance of administrative personnel in the various departments, and the competent service of the State Auditor General’s Office. We appreciate all of those who assisted in and contributed to the preparation of this report. We also wish to express our sincere appreciation to the Board of Supervisors for their support in planning and overseeing the financial operations of the County in a responsible and progressive manner. Respectfully submitted, David R. Smith County Administrative Officer Tom Manos Chief Financial Officer xi Maricopa County Citizens Audit Advisory Committee 301 West Jefferson Street Suite 1090 Phoenix, AZ 85003-2143 Ralph W. Lamoreaux, CPA CPA Jill J. Rissi, MPA Jill J. Rissi, MPA CPA Vincent J. Harder, Vincent J. Lozar Harder, CPA Richard Richard J. Lozar June 30, 2003 The Honorable Maricopa County Board of Supervisors The Maricopa County Citizens Audit Advisory Committee has prepared this letter for inclusion in the county’s Comprehensive Annual Financial Report (CAFR) according to the committee’s charter. Described herein are the committee’s composition, responsibilities, and an account of how the responsibilities were discharged. Composition of the Committee The membership of the committee shall consist of five voting members and three non-voting members. The voting members shall be board of supervisor appointees from the public and shall serve two-year terms. The non-voting members shall be the county’s chief financial officer, the county attorney, the auditor general, or their designees. The chairman of the board of supervisors shall appoint a committee chairman from the voting members. The committee chairman shall serve a one-year term. Responsibilities of the Committee The committee’s primary function is to assist the board of supervisors in fulfilling its oversight responsibilities. The committee accomplishes this function by reviewing the county’s financial information, the established systems of internal controls, and the audit process. The committee also suggests areas requiring audit emphasis. Specific duties of the committee are described in the committee charter. Accomplishments of the Committee (Fiscal Year 2002-2003) The Citizens Audit Advisory Committee: • Reviewed the county’s internal and external audit activities and management’s responses thereto. • Reviewed the county's annual financial statements and the auditor general’s audit report. • Enhanced the communication between the internal and external auditors. • Met 7 times during the fiscal year, although the charter requires only four meetings. Respectfully, Chairman Ralph W. Lamoreaux, CPA xii xiii xiv FINANCIAL SECTION Independent Auditors' Report Management's Discussion and Analysis (MD&A) Basic Financial Statements Basic Financial Statements - Notes Required Supplementary Information Budgetary Comparison Schedules-General Fund and Major Special Revenue Funds Note to Budgetary Comparison Schedules Schedule of Agent Retirement Plans' Funding Progress Modified Approach for Infrastructure Assets Other Supplementary Information Budgetary Comparison Schedules-Major Debt Service and Capital Projects Funds Combining and Individual Fund Statements and Schedules Nonmajor Governmental Funds Nonmajor Enterprise Funds Internal Service Funds Trust and Agency Funds Capital Assets Schedules DEBRA K. DAVENPORT, CPA AUDITOR GENERAL STATE OF ARIZONA OFFICE OF THE AUDITOR GENERAL WILLIAM THOMSON DEPUTY AUDITOR GENERAL Independent Auditors' Report Members of the Arizona State Legislature The Board of Supervisors of Maricopa County, Arizona We have audited the accompanying financial statements of the governmental activities, business-type activities, each major fund, and aggregate remaining fund information of Maricopa County as of and for the year ended June 30, 2003, as listed in the table of contents, which collectively comprise the County’s basic financial statements. These financial statements are the responsibility of the County’s management. Our responsibility is to express opinions on these financial statements based on our audit. We did not audit the financial statements of the Maricopa County Stadium District, which represents 14 percent of the assets, 16 percent of the liabilities, and 1 percent of the revenues and expenses of the County’s governmental activities on the government-wide financial statements. The District represents approximately 1 percent of the assets, liabilities, revenues and other financing sources, and expenditures and other financing uses of the aggregate remaining fund information reported on the fund statements. Those financial statements were audited by other auditors whose report thereon has been furnished to us, and our opinion, insofar as it relates to the amounts included for the Maricopa County Stadium District, is based solely on the report of the other auditors. We conducted our audit in accordance with U.S. generally accepted auditing standards 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 perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit and the report of the other auditors provide a reasonable basis for our opinions. In our opinion, based on our audit and the report of the other auditors, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, business-type activities, each major fund, and aggregate remaining fund information of Maricopa County as of June 30, 2003, and the respective changes in financial position and cash flows, where applicable, thereof for the year then ended in conformity with U.S. generally accepted accounting principles. As described in Notes 3 and 16, the County determined that certain costs previously included in its environmental liability should be expensed during the period incurred, which is considered a correction of a mistake in the application of an accounting principle. In addition, as described in Notes 3 and 10, the County increased its capitalization threshold for capital assets of its major enterprise funds and the NonAHCCCS Health Plans Fund (nonmajor enterprise fund), which is considered a change in the application of an accounting principle. 2910 NORTH 44 th STREET • SUITE 410 • PHOENIX, ARIZONA 85018 • (602) 553 -0333 • FAX (602) 553-0051 The Management’s Discussion and Analysis on pages 3 through 17, the Budgetary Comparison Schedules on pages 79 through 82, the Schedule of Agent Retirement Plans’ Funding Progress on page 83, and the Modified Approach for Infrastructure Assets on page 84 are not a required part of the basic financial statements but are supplementary information required by the Governmental Accounting Standards Board. We have applied certain limited procedures, which consisted principally of inquiries of management regarding the methods of measurement and presentation of the required supplementary information. 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 collectively comprise the County’s basic financial statements. The other supplementary information, combining and individual fund statements and schedules, and capital assets schedules listed in the table of contents are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole. The information included in the introductory and statistical sections listed in the table of contents has not been subjected to the auditing procedures applied in our audit of the basic financial statements and, accordingly, we express no opinion on such information. In accordance with Government Auditing Standards, we will also issue our report on our consideration of the County’s internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts, and grants at a future date. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be read in conjunction with this report in considering the results of our audit. Debbie Davenport Auditor General December 19, 2003 Maricopa County Management’s Discussion and Analysis This discussion and analysis is intended to be an easily readable analysis of Maricopa County’s (County) financial activities based on currently known facts, decisions or conditions. This analysis focuses on current year activities and should be read in conjunction with the Transmittal Letter that begins on Page ix and with the County’s basic financial statements following this section. Financial Highlights • At June 30, 2003, the assets of the County (primary government) exceeded liabilities by $2.3 billion (net assets). Of this amount, $447.6 million (unrestricted net assets) may be used to meet ongoing obligations to citizens and creditors, $278.3 million is restricted for specific purposes (restricted net assets), and $1.6 billion is invested in capital assets, net of related debt. • The County’s total net assets as reported in the Statement of Activities increased by $288.6 million, a 14.1 percent increase in net assets over the prior period. Of this amount, $286.8 million is attributable to governmental activities and $1.8 million is attributable to business-type activities. • The net assets for the business-type activities at June 30, 2003, increased by $1.8 million. However, the proprietary funds, which mainly consist of the Maricopa County Integrated Health System (Medical Center, Maricopa Health Plan, ALTCS, and Non-AHCCCS), showed a loss before transfers of $14.7 million. The increase in net assets is attributable to the net transfers of more than $16.5 million. • At June 30, 2003, the County’s long-term liabilities (noncurrent liabilities due within one year and more than one year) related to governmental activities for bonds, loans, and other liabilities were $291.3 million. This is a reduction of $40.4 million from the restated prior fiscal year balance. See the Notes to the Financial Statements Note 3 – Beginning Balances Restated and Note 16 – Risk Management for details pertaining to this restatement. The reduction in long-term liabilities for governmental activities is mainly due to the payments made on the County’s general obligation bonds and lease revenue bonds. General obligation bonds, lease revenue bonds and Stadium District revenue bonds represent 64.6 percent of the governmental activities long-term liabilities. The final payments on the general obligation bonds, lease revenue bonds and Stadium District revenue bonds are due in fiscal years 2005, 2016, and 2019, respectively. • The County’s governmental activities program revenues increased by approximately $58.6 million, or 13.8 percent, from the previous fiscal year. • The County’s business-type activities program revenues increased by approximately $52.9 million, or 7.4 percent, from the previous fiscal year. • At June 30, 2003, the governmental funds reported combined fund balances of $676 million, or an increase in fund balance of $2.5 million over the prior fiscal year. Approximately 95.8 percent of the combined fund balances or $647.5 million is available to meet the County’s current and future needs (unreserved fund balance). • At June 30, 2003, unreserved fund balance for the General Fund increased by 16 percent to $288.8 million; approximately 50 percent of total General Fund expenditures. In accordance with Arizona Revised Statutes (A.R.S.), this entire amount is budgeted to be spent in the next fiscal year. A.R.S. §42-17151 requires that total estimated sources of revenue must equal the total estimated expenditures in the budget for the current fiscal year. In addition, A.R.S. §42-17102 stipulates that the estimated expenditures may include an amount for unanticipated contingencies or emergencies. 3 Maricopa County Management’s Discussion and Analysis Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the County’s basic financial statements. The County’s basic financial statements comprise three components 1) Government-wide financial statements; 2) Fund financial statements; and 3) Notes to the basic financial statements. Required Supplementary Information is included in addition to the basic financial statements. In addition, the comprehensive annual financial report includes the budget comparison schedules for the major Debt Service and Capital Projects Funds beginning on page 87. The Combining and Individual Fund Statements and Schedules – Nonmajor Funds begin on page 104. Government-wide Financial Statements are designed to provide readers with a broad overview of the County finances, in a manner similar to private-sector businesses. • The Statement of Net Assets presents information on all County assets and liabilities, with the difference between the two reported as net assets. Over time, increases or decreases in net assets may serve as a useful indicator of whether the financial position of the County is improving or deteriorating. • The Statement of Activities presents information showing how net assets changed during the most recent fiscal year. All changes in net assets are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave). Both of these government-wide financial statements distinguish functions of the County that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a portion of their costs through user fees and charges (business-type activities). The governmental activities of the County include general government; public safety; highways and streets; health, welfare and sanitation; culture and recreation; education; and interest on long-term debt. The business-type activities of the County include the Medical Center, Arizona Health Care Cost Containment System (AHCCCS) Plan, Arizona Long-Term Care System (ALTCS) Plan, and other business-type activities (Non-AHCCCS Health Plans and Solid Waste). Component units are included in our basic financial statements and consist of legally separate entities for which the County is financially accountable and that have substantially the same board as the County or provide services entirely to the County. The blended component units included are the Maricopa County Flood Control District, Maricopa County Library District, Maricopa County Public Finance Corporation, Maricopa County Special Assessment Districts, Maricopa County Stadium District, and the Maricopa County Street Lighting Districts. The County has no discretely presented component units. The Government-wide Financial Statements can be found on pages 23-25 of this report. Fund Financial Statements are groupings of related accounts that are used to maintain control over resources that have been segregated for specific activities or objectives. The County, like other state and local governments, uses fund accounting to ensure and demonstrate finance-related legal compliance. All of the funds of the County can be divided into three categories: governmental funds, proprietary funds and fiduciary funds. • Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental funds financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a county’s near-term financing requirements. Governmental funds include the general, special revenue, debt service, and capital projects funds. 4 Maricopa County Management’s Discussion and Analysis • Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental funds Balance Sheet and the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The County reports six major governmental funds. Information is presented separately in the governmental funds Balance Sheet and in the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the General, Jail Operations, General Obligation, Lease Revenue, Jail Construction and County Improvement funds. Data from the other governmental funds (nonmajor) are combined into a single, aggregated presentation. Individual fund data for each of these nonmajor governmental funds is provided in the form of combining statements, which begin on page 104 of this report. The governmental funds financial statements can be found on pages 26-29 of this report. • Proprietary funds are maintained two ways. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The County uses enterprise funds to account for the Medical Center, Maricopa Health Plan, Arizona Long-Term Care System (ALTCS), and the Non-AHCCCS Health Plans – these four components comprise the Maricopa Integrated Health System - and Solid Waste operations. Internal service funds are an accounting device used to accumulate and allocate costs internally among the County’s various functions. The County uses internal service funds to account for its equipment services, telecommunications, reprographics, risk management, employee benefits trust and sheriff warehouse functions. Because these services predominantly benefit governmental rather than business-type functions, they have been included within governmental activities in the government-wide financial statements. Fund financial statements for the proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The Medical Center, Maricopa Health Plan and Arizona Long-Term Care System (ALTCS) operations are considered to be major funds of the County. Data from the other enterprise funds are combined into a single, aggregated presentation. The County’s internal service funds are combined into a single, aggregated presentation in the proprietary funds financial statements. Individual fund data for each of these nonmajor enterprise and internal service funds is provided in the form of combining statements, which begin on page 230 of this report. The proprietary funds financial statements can be found on pages 32-37 of this report. • Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statements because the resources of those funds are not available to support the County’s own programs. The accounting used for fiduciary funds is much like that used for proprietary funds. The fiduciary funds financial statements can be found on pages 38-39 of this report. Notes to the Financial Statements provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements. The notes can be found on pages 44-76 of this report. 5 Maricopa County Management’s Discussion and Analysis Required Supplementary Information is presented concerning the County’s General Fund and Jail Operations Fund. A budgetary comparison schedule has been provided for both of these funds to demonstrate compliance with budget and additional information is provided by the Notes to Budgetary Comparison Schedules. Also presented is the schedule of funding progress for the County’s two agent retirement plans and infrastructure assets reported using the modified approach. Required supplementary information can be found on pages 79-84 of this report. Other Supplementary Information follows the Required Supplementary Information. Budgetary comparison schedules for the major Debt Service and Capital Projects Funds begin on page 87 of this report. The combining and individual fund statements and schedules referred to earlier provide information for nonmajor governmental funds and enterprise funds as well as the County’s internal service funds, investment trust funds and agency funds. Combining and individual fund statements and schedules for nonmajor funds begin on page 104 of this report. Government-wide Financial Analysis This year is the second fiscal year that the County applied Governmental Accounting Standards Board (GASB) Statement No. 34. As prior year comparative data is available, a comparative analysis of government-wide data will be presented. Net Assets As noted earlier, net assets may serve over time as a useful indicator of a government’s financial position. The following table reflects the condensed Statement of Net Assets of the County for June 30, 2003 compared to the prior year. Statement of Net Assets As of June 30 (in millions) Governmental Activities 2003 2002* Current and other assets Capital assets Total assets Current and other liabilities Long-term liabilities Total liabilities Net assets Invested in capital assets, net of related debt Restricted Unrestricted Total net assets Business-type Activities 2003 2002* $ Total 2003 2002 134.0 114.2 248.2 $ 1,018.8 1,867.4 2,886.2 $ 1,011.2 1,643.0 2,654.2 % Chg P/Y $ 874.3 1,760.4 2,634.7 $ 877.2 1,528.8 2,406.0 $ 144.5 107.0 251.5 202.7 227.4 430.1 224.8 263.4 488.2 90.1 35.3 125.4 88.3 35.6 123.9 292.8 262.7 555.5 313.1 299.0 612.1 (6.5) (12.1) (9.2) 1,529.1 234.3 441.2 $ 2,204.6 1,259.2 322.0 336.6 $1,917.8 75.7 44.0 6.4 $ 126.1 81.1 53.7 (10.5) 124.3 1,604.8 278.3 447.6 $ 2,330.7 1,340.3 375.7 326.1 $ 2,042.1 19.7 (25.9) 37.3 14.1 $ .8% 13.7 8.7 * The governmental activities and business-type activities net assets for fiscal year 2002 were restated (see Notes 3, 10, 12 and 16 to the financial statements for clarification). The governmental activities total net assets at June 30, 2003, increased from the restated fiscal year 2002 balance by $286.8 or 15 percent due primarily to an increase in capital assets. The majority of the increase in total assets and net assets is attributable to the ongoing construction in the Jail Construction Fund. The Jail Construction Fund expended over $171.3 million in capital outlay for the fiscal year ended June 30, 2003. A large portion of the remaining increase can be attributed to the capital projects of the Flood Control District and the Transportation Department that were expended through the Flood Control Capital Projects Fund and the Transportation Capital Projects Fund – see pages 138 and 139 of the nonmajor governmental funds combining statements. 6 Maricopa County Management’s Discussion and Analysis The governmental activities total liabilities at June 30, 2003, experienced a decrease from the restated fiscal year 2002 balance of $58.1 million. Sixty-two percent of this decrease is related to the long-term liabilities, specifically those related to debt service (general obligation bonds, lease revenue bonds, certificates of participation, and capital leases). The business-type activities total assets, liabilities and net assets experienced minimal changes from prior year. The County continues its efforts to address the vision and strategic goals of the Medical Center operations as well as the Maricopa Integrated Health System (MIHS) as a whole. A significant event to note for the Maricopa Integrated Health System is that on November 4, 2003, the voters of Maricopa County approved proposition 414. The proposition will allow for the transition of the Maricopa Integrated Health System to a taxpayer-supported Health Care District with a separately elected Board of Directors. See the Notes to the Financial Statements that begin on page 44; Note 21 – Subsequent Events. At June 30, 2003, the County’s combined governmental activities and business-type activities assets exceeded liabilities by $2.3 billion. Total net assets increased over the prior period by $288.6 million or 14.1 percent. The governmental activities comprise 99.4 percent of the increase from prior year. This increase can be attributed to the significant increase in the County’s capital assets, and the reduction of the County’s long-term liabilities, as discussed previously. Net assets consist of three components. By far the largest portion - $1.6 billion or 68.9 percent - of the County’s net assets reflects the investment in capital assets (e.g., land, buildings, machinery and equipment, infrastructure and construction in progress), less any related debt used to acquire those assets that is still outstanding. The governmental activities comprise 95.3 percent of this component of net assets. The County uses these capital assets to provide services to its citizens; consequently, these assets are not available for future spending. Although the County’s investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. This component of net assets for governmental activities increased by $269.9 million due to the County’s investment in its capital assets, particularly the construction related to the adult and juvenile facilities that were approved by the voters in 1998. The second component from the County’s total net assets, $278.3 million or approximately 11.9 percent, represents resources that are subject to external restrictions on how they may be used. The governmental activities comprise 84.2 percent of this component of net assets. This component decreased by approximately $87.7 million from the prior period primarily due to the decrease of funds restricted for capital projects – mainly adult and juvenile facilities monies used for construction payments. The final component consists of unrestricted net assets, $447.6 million or 19.2 percent, and may be used to meet the government’s ongoing obligations. The governmental activities comprise 98.6 percent of this component. Unrestricted net assets for governmental activities increased from fiscal year 2002 by $104.6 million, or 31.1 percent, predominantly from the General Fund by $39.8 million and nonmajor governmental funds by $49.7 million as fiscal year 2003 revenues exceeded expenditures in these funds. Changes in Net Assets As discussed previously, the County’s total net assets of $2.3 billion increased by $288.6 million as reported in the Statement of Activities. Of this amount, $286.8 million, or 99.4 percent, is attributable to governmental activities, and $1.8 million is related to business-type activities. The increase in total net assets for governmental activities resulted primarily from an increase in net capital assets due to significant capital projects during the fiscal year. The net assets invested in capital assets increased for the amount of current year capital expenditures and will decrease in future years as the capital assets are depreciated over their useful lives. 7 Maricopa County Management’s Discussion and Analysis The following table reflects the condensed Statement of Activities of the County for the fiscal year 2003 compared to the prior year and indicates the changes in net assets for Governmental and Business-type Activities: Statement of Activities For the Fiscal Year Ended June 30, 2003 (in millions) Governmental Business-type Activities Activities Total 2003 2002* 2003 2002* 2003 2002 % Chg P/Y $ 135.2 $ 141.9 $ 760.9 $ 708.6 $ 896.1 $ 850.5 304.9 281.2 6.9 6.3 311.8 287.5 8.5 44.3 2.7 44.3 2.7 1,540.7 Taxes 915.0 879.9 915.0 879.9 4.0 Other 21.3 48.7 2.6 8.3 23.9 57.0 (58.1) 1,420.7 1,354.4 770.4 723.2 2,191.1 2,077.6 5.5 45.6 Revenues: Program revenues: Charges for services Operating grants and contributions Capital grants and contributions 5.4% General revenues: Total Revenues Expenses: General government 181.3 124.5 181.3 124.5 Public safety 506.6 490.9 506.6 490.9 3.2 Health, welfare and sanitation 335.6 304.2 335.6 304.2 10.3 Other 107.2 106.2 Medical Center 366.4 340.6 107.2 106.2 .9 366.4 340.6 7.6 17.1 AHCCCS 109.1 93.2 109.1 93.2 ALTCS 233.0 241.6 233.0 241.6 (3.6) 76.6 67.4 76.6 67.4 13.6 8.3 Other business-type activities Total Expenses 1,130.7 1,025.8 785.1 742.8 1,915.8 1,768.6 disposal of capital assets and transfers 290.0 328.6 (14.7) (19.6) 275.3 309.0 (10.9) Gain (loss) on disposal of capital assets 13.3 (8.8) (.1) 13.3 (8.9) (249.4) (16.5) (25.8) Excess (deficiency) before gain (loss) on Transfers Change in net assets 16.5 25.8 0.0 286.8 294.0 1.8 6.1 288.6 300.1 Net assets – beginning 1,917.8 1,623.8 124.3 118.2 2,042.1 1,742.0 17.2 (3.8) Net assets – ending $2,204.6 $1,917.8 $ 126.1 $ 124.3 $2,330.7 $2,042.1 14.1 * The Governmental Activities and Business-type Activities net assets for fiscal year 2002 were restated (see Notes 3, 10, 12 and 16 to the financial statements for clarification). In addition, in fiscal year 2002, Governmental Activities general revenue taxes of $78.2 million for highway user revenue monies were reclassified to program revenue operating grants and contributions to be consistent with fiscal year 2003 reporting. 8 Maricopa County Management’s Discussion and Analysis Governmental Activities The functions of the County that are principally supported by taxes and intergovernmental revenues (governmental activities) include general government; public safety; highways and streets; health, welfare and sanitation; culture and recreation; and education. The functions of highways and streets, culture and recreation, and education are shown above as other expenses. The County’s total net assets increased by $288.6 million during the current fiscal year. Governmental activities of the County contributed $286.8 million or 99.4 percent to this increase. The majority of this increase is attributable to the following. One of the main differences a reader will see between the governmental funds reported in the fund financial statements and the statement of activities is that governmental funds in the fund financial statements report capital outlays as expenditures. However, in the Statement of Activities the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. Capital outlay expenditures exceeded depreciation expense in the current period by $282 million. Additionally, capital grants and contributions increased significantly (by approximately $41.6 million) over the prior period in part due to land and streets (infrastructure assets) donated to the Transportation Department that relate to new home and community developments. Total governmental activities expenses increased by $104.9 million, or 10.2 percent, over the prior period resulting in an offsetting decrease in net assets. The largest increases are from general government and health, welfare and sanitation. General government increases are comprised of the General Government, Elections, and Facilities Management Departments. Health, welfare and sanitation increases are largely from the Health Care Mandates Department. For the most part, revenues and expenses grew 5.5 percent and 8.3 percent, respectively, in line with the budget that had anticipated a slower than normal economy. Business-Type Activities As discussed earlier, the business-type activities of the County include the Medical Center, Arizona Health Care Cost Containment System (AHCCCS) Plan, Arizona Long-Term Care System (ALTCS) Plan, the Non-AHCCCS Health Plans – these four components are the Maricopa Integrated Health System - and Solid Waste. Business-type activities increased the County’s net assets by only $1.8 million, accounting for less than 1 percent of the total growth in the County’s net assets. The change in net assets is a significant indicator to the profitability of the County’s business-type activities. The Maricopa Integrated Health System makes up 93.9 percent of the net assets of the business-type activities. The increase in revenues and expenses from the prior year are directly related, 6.5 percent revenue and 5.7 percent expense. These increases can be tied to the increase in the demand for service and the cost of providing such service. The Maricopa Integrated Health System contributes only a small percent to the increase in net assets even though it comprises approximately 35.1 percent and 40.9 percent of the County’s revenues and expenses, respectively. The County continues its efforts to address the vision and strategic goals of the Medical Center operations as well as the Maricopa Integrated Health System as a whole. Financial Analysis of the County’s Funds As noted earlier, the County uses fund accounting to ensure and demonstrate compliance with financerelated legal requirements. Governmental Funds. Governmental activities are contained in the general, special revenue, debt service, and capital projects funds. The focus of the County’s governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the County’s financing requirements. In particular, unreserved fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. 9 Maricopa County Management’s Discussion and Analysis As of June 30, 2003, the governmental funds reported combined fund balances of $676 million and an increase in fund balance of $2.5 million over the prior fiscal year. Approximately 95.8 percent of the combined fund balances or $647.5 million is available to meet the County’s current and future needs (unreserved fund balance). The remaining fund balance is reserved for inventories, capital lease expenditures and debt service. The following funds are the County’s major governmental funds: The General Fund is the County’s primary operating fund. At the end of the current fiscal year, unreserved fund balance of the General Fund was $288.8 million, while total fund balance reached $292.6. This represents an increase in unreserved fund balance from prior year of $39.8 million, or more than 16 percent. This increase can be attributed to significant savings in the General Fund for general government and health, welfare and sanitation expenditures. The savings are due to lower than anticipated payouts for hospital pre-AHCCCS claims settlements as well as a reduction in the match required to the State for its Disproportionate Share Program. In addition, spending from contingency funds was less than anticipated in the General Government Department. As a measure of the General Fund’s liquidity, it may be useful to compare both unreserved fund balance and total fund balance to the total fund expenditures. Unreserved fund balance represents 50 percent of the total fiscal year 2003 General Fund expenditures, while total fund balance represents 50.6 percent of that same amount. These ratios indicate a strong fund balance position in comparison to expenditures. The Jail Operations Fund is a special revenue fund that was established under the authority of propositions 400 and 401, which were passed in the General Election of November 3, 1998. These propositions authorized a temporary 1/5 of one-cent sales tax to be used for the construction and operation of adult and juvenile detention facilities. The Jail Operations Fund accounts for the operation of the jail facilities, while the Jail Construction Fund (discussed below) accounts for the costs related to the construction of the new facilities. The voters approved the extension of the 1/5 of one-cent sales tax in the General Election of November 5, 2002 (see Jail Construction Fund). At the end of the current fiscal year, total fund balance of the Jail Operations Fund was $33.8 million, of which nearly 99 percent is unreserved. This was an increase in total fund balance of $6.6 million, or 24.3%, from the prior fiscal year. Although the fund had more expenditures than revenues by $16.2 million, the increase in fund balance can be partially attributed to a net increase in transfers of $22.7 million (in part from an increase in transfers in for maintenance of effort of $9.9 million. The amount to be transferred for any given year is determined through the budget planning process and tied to jail tax collection projections and construction schedules. The General Obligation Fund is a debt service fund that accounts for debt service on all various purpose general obligation bonds. Funding is provided by the County’s secondary property tax revenues, which may be used only for debt service. At the end of the current fiscal year, total fund balance of the General Obligation Fund was $722,346 and was considered reserved. The goal with the General Obligation Fund is to set the secondary tax rate to cover the debt service for the period as closely as possible without building excess fund balance or experiencing a cash deficit. Fund balance at June 30, 2002, was $773,917, so fund balance decreased by $51,571, which is reasonable and within the County’s fiscal policy. The Lease Revenue Fund is a debt service fund that accounts for the debt service on the Lease Revenue Bonds, Series 2001. Funding is provided by transfers from the General Fund. At the end of the current fiscal year, unreserved fund balance of the Lease Revenue Fund was $81.7 million, while total fund balance was $94.6 million. The fund balance in this fund is sufficient to satisfy the debt service on the Lease Revenue Bonds, Series 2001 and each year the fund balance will be reduced by the annual debt service payment until the debt is satisfied. The Jail Construction Fund is a capital projects fund that accounts for the proceeds related to construction associated with the temporary 1/5 of one-cent sales tax approved by the voters in the General Election on November 3, 1998 (see Jail Operations Fund). At the end of the current fiscal year, total fund balance of 10 Maricopa County Management’s Discussion and Analysis the Jail Construction Fund was $10 million, all of which was unreserved. There was a decrease in fund balance for the period of approximately $73.2 million, which is similar to the decrease in the prior period of approximately $70.2 million. The reason for the decrease is that the fund had a large fund balance due to the transfers in from jail tax monies collected prior to the start of construction. The strategy taken during the budget process was to spend down the fund balance and fund construction as it takes place during fiscal year 2004. The County Improvement Fund is a capital projects fund that accounts for capital projects funded through the issuance of the Lease Revenue Bonds. At the end of the current fiscal year, unreserved fund balance of the County Improvement Fund was $49.1 million, all of which is unreserved. The fund balance decreased approximately $6.2 million from the prior period and this is attributable to the spend down of proceeds for budgeted capital projects. The County’s goal is to fully spend down these proceeds by fiscal year 2006. The following table presents the amount of all governmental funds revenues from various sources as well as increases or decreases from the prior year. Revenues Classified by Source Governmental Funds (in millions) 2003 Revenues by Source Taxes Percent of Total Amount 474.9 34% Intergovernmental 745.7 Other 174.5 Totals $ 2002 (adjusted) * $ 1,395.1 Percent of Total Amount 446.6 33% 53 733.5 54 13 175.1 13 100% $ $ Increase/(Decrease) 1,355.2 100% $ Amount % Chg P/Y 28.3 6.3% 12.2 1.7 (.6) $ 39.9 (.3) 2.9 * Jail tax and Stadium District surcharge revenue were reclassified from intergovernmental and charges for services (other), respectively, to tax revenue to be consistent with fiscal year 2003 reporting. During fiscal year 2003, the County experienced an increase in governmental revenues from the previous year of $39.9 million, a 2.9 percent increase. This increase is somewhat lower than the increase between fiscal year 2002 and the prior year of 5 percent. During fiscal year 2003, taxes increased primarily from property taxes even though the tax levy was the same as in fiscal year 2002. However, the assessed values increased along with an increase in population, resulting in an increase in property tax revenue. Intergovernmental revenue from sales tax, vehicle license tax and highway user fuel tax increased although modestly due to the ongoing slow economy. The following table presents the amount of all governmental funds expenditures by function compared to prior year amounts. Expenditures by Function Governmental Funds (in millions) 2003 Expenditures by Function General government Public safety Health, welfare and sanitation Capital outlay Other Totals Amount 114.2 493.4 331.8 315.6 125.4 $ 1,380.4 $ 2002 Percent of Total 8% 36 24 23 9 100% Amount 99.3 481.8 311.5 294.0 140.6 $ 1,327.2 $ 11 Increase/(Decrease) Percent of Total 8% 36 23 22 11 100% Amount 14.9 11.6 20.3 21.6 (15.2) $ 53.2 $ % Chg P/Y 15.0% 2.4 6.5 7.3 (10.8) 4.0 Maricopa County Management’s Discussion and Analysis Expenditures for governmental fund types for fiscal year 2003 increased by $53.2 million or 4 percent from the prior year. The percentage increase in expenditures between fiscal year 2002 and the prior year was more than twice as high at 9.6 percent. The lower increase in expenditures is attributable to budget controls necessary due to the slow economy during the period. The increase in fiscal year 2003 of $53.2 million is primarily attributable to expenditures related to general government, health, welfare and sanitation, and capital outlay. General government expenditures increased for fiscal year 2003 in the General Government Department ($8.8 million), Elections Department ($4.2 million) and the Facilities Management Department ($2.2 million). The General Government Department increase in expenditures was due to the purchase and implementation of a Human Resources payroll system that will be completed in December 2003. The Elections Department increase was due to the primary and general elections held. The increase in health, welfare and sanitation of $20.3 million represents a 6.5 percent increase over the prior year. The majority of the increase is attributable to an increase in the Health Care Mandates activity within the General Fund. Although Health Care Mandates were well below budget, there was an increase in payments of nearly 18 percent. This increase is due to payouts for hospital pre-AHCCCS claims settlements and the State’s increase for the Disproportionate Share Program. Capital outlay increased $21.6 million to $315.6 million, or 7.3 percent, during fiscal year 2003. An increase of $16.3 million for the construction of the adult and juvenile facilities occurred in the Jail Construction Fund. The increase is in line with the County’s strategic vision and Five-Year Capital Projects Plan. Proprietary funds. The County’s proprietary funds (enterprise funds) provide the same information found in the government-wide financial statements (business-type activities), but in more detail. Internal Service Funds, although proprietary funds, are not included in the following section. The following funds are the County’s major enterprise funds: The Medical Center Fund provides quality, cost competitive health care and health professional education to assure the health security of individuals, families, and the community. During fiscal year 2003, the Fund had an operating loss of $29.4 million, which is 29 percent less than the prior year. The reduction in operating loss resulted from a 10 percent patient population growth and rate increases for health care services. Fiscal year 2003 transfers from other County funds to subsidize the Medical Center decreased 46 percent from the prior year. The Maricopa Health Plan (MHP) Fund is an ambulatory health care plan operated by Maricopa Managed Care System (MMCS). MMCS contracts with the Arizona Health Care Cost Containment System (AHCCCS), which provides monthly capitation revenues based on Maricopa County Health Plan enrollment. The MHP Fund had a $6.7 million operating income for fiscal year 2003 consistent with the prior year. During fiscal year 2003, the Fund transferred $6.3 million to subsidize other MIHS funds. The Fund’s fiscal year-end net assets balance increased 6.4 percent from the prior year-end. The Arizona Long-Term Care System (ALTCS) Fund is a managed care, long-term care plan operated by Maricopa Managed Care Systems (MMCS). Chronically ill and physically disabled patients receive medical services as a result of an annual contract with the Arizona Health Care Cost Containment System (AHCCCS). The ALTCS Fund had a $7.1 million operating income for fiscal year 2003. However, this amount was down 33.7 percent from the prior year due to the membership in the ALTCS Plan decreasing by 6 percent during the fiscal year. During the fiscal year, the County transferred $15.5 million from the Fund to subsidize other MIHS funds for indigent health care costs. As a result of this transfer, the Fund’s net assets at fiscal year-end decreased 20.8 percent from the prior year-end. 12 Maricopa County Management’s Discussion and Analysis The following table shows actual revenues, expenses and results of operations for the current fiscal year for all proprietary funds (enterprise funds). Statement of Revenues, Expenses and Changes in Fund Net Assets Proprietary Funds (in millions) Increase/(Decrease) 2003 Operating revenues $ 2002 760.9 $ 710.6 Amount $ 50.3 % Chg P/Y 7.1% Operating expenses 782.4 737.6 44.8 6.1 Operating income (loss) (21.5) (27.0) 5.5 (20.4) Nonoperating revenues (expenses), net Income (loss) before transfers Transfers, net Change in net assets 6.8 7.4 (.6) (8.1) (14.7) (19.6) 4.9 (25.0) (9.2) (35.8) (4.3) (70.5) 16.5 $ 25.7 1.8 $ 6.1 $ At June 30, 2003, the net assets for the proprietary funds (business-type activities) increased by $1.8 million. The Maricopa Integrated Health System makes up 93.9 percent of the net assets of the businesstype activities. As discussed previously, the Maricopa Integrated Health System contributes only a small percent to the increase in net assets even though it comprises approximately 35.1 percent and 40.9 percent of the County’s revenues and expenses, respectively. The net loss before transfers for the proprietary funds of $14.7 million resulted primarily from a net loss of more than $26.4 million from the Medical Center Fund, which is offset in part by the income in the other major funds of almost $11.6 million. The Medical Center Fund received transfers of over $36 million. Of these transfers, the General Fund funded $32 million (of which $15,540,587 was transferred from ALTCS to the General Fund and from the General Fund to the Medical Center) and $3.8 million was funded from the Maricopa Health Plan Fund. Some of the factors that impact the Medical Center’s operations are the costs of pharmaceuticals, medical supplies and equipment that continue to rise and the challenge of providing services to the indigent. General Fund Budgetary Highlights The difference between the original budget and the final amended budget for the General Fund resulted in a $5 million decrease to both revenues and expenditures. The decrease was due to a mid-year appropriation adjustment that decreased sales tax revenue budgeted in intergovernmental revenues and reduced expenditures accordingly by approximately $5 million since collections were determined not to be in line with original budget projections. Significant favorable expenditure variances in total for the General Government Department (general government function) and the Health Care Mandates Department (health, welfare and sanitation function) caused about a $40 million increase in the fund balance for the General Fund. The savings for health, welfare and sanitation expenditures were due to lower than anticipated payouts for hospital pre-AHCCCS claims settlements as well as a reduction in the match required to the State for its Disproportionate Share Program. In addition, spending from contingency funds was less than anticipated in the General Government Department. 13 Maricopa County Management’s Discussion and Analysis Capital Assets and Long-Term Liabilities Capital Assets The County’s investment in capital assets for its governmental and business-type activities as of June 30, 2003, amounted to $1.9 billion (net of accumulated depreciation). This investment in capital assets includes land, buildings, infrastructure, machinery and equipment, and construction in progress. The total increase of $224.4 million in the County’s investment in capital assets for the current period was 13.7 percent. The most significant impact on the increase in capital assets for the fiscal year ended June 30, 2003, was the ongoing construction of the adult and juvenile detention facilities. For these facilities, current year expenditures of $171.3 million were added to construction in progress and buildings. The Transportation Department and the Flood Control District provided additional contributions to capital assets including land, construction in progress and completed infrastructure of $36.8 million and $32.7 million, respectively. Capital assets also had deductions during the fiscal year 2003 from disposals and infrastructure annexations of approximately $73 million. Capital assets for the governmental and business-type activities are presented below (in millions) to illustrate changes from the prior year: Land $ Governmental Activities Business-type Activities 2003 2003 237.2 2002 $ 177.4 $ 2.9 Total 2002 * $ 2.9 2003 $ 240.1 2002 $ % Chg P/Y 180.3 33.2% 413.2 357.0 15.7 674.5 619.1 8.9 Infrastructure 413.2 357.0 Buildings (net of accumulated depreciation) 611.5 571.6 63.0 47.5 51.4 57.8 33.7 38.1 85.1 95.9 (11.3) 447.1 365.0 7.4 25.7 454.5 390.7 16.3 114.2 $ 1,867.4 1,643.0 13.7 Machinery and equipment (net of accumulated depreciation) Construction in progress Totals $ 1,760.4 $ 1,528.8 $ 107.0 $ $ * Business-type Activities were restated as a result of the restatement of the capitalization threshold. See Note 10 for additional information. The County reported infrastructure assets acquired during fiscal years 2002 and 2003 in the governmentwide financial statements, as required by GASB Statement No. 34. Infrastructure additions are reported in capital outlay expenditures within the Transportation Capital Projects Fund and the Flood Control Capital Projects Fund. GASB Statement No. 34 also requires the retroactive reporting of all infrastructure assets acquired prior to July 1, 2001, to be reported by the fiscal year ending June 30, 2006. All current and prior years’ infrastructure assets of the Transportation Department are reported on the government-wide financial statements. Infrastructure assets acquired prior to July 1, 2001, are reported at estimated historical cost. Infrastructure assets acquired subsequent to that date are reported at historical cost. For the Flood Control District, only infrastructure assets acquired in fiscal years 2002 and 2003 are reported and these assets are reported at historical cost. The Transportation Department infrastructure assets consist of a roadway system and a bridge system. Both systems are reported under the modified approach, which means the County will maintain the assets using an asset management system and will document that the infrastructure assets are being preserved at the established condition level. The Flood Control District accounts for the remaining infrastructure assets, which consists of drainage systems, dams, flood channels and canals. Of the total Flood Control District infrastructure assets reported on the financial statements, $147,475 represents completed projects as of June 30, 2003, and will be depreciated starting in fiscal year 2004, as the assets will have been placed in service for one fiscal year. 14 Maricopa County Management’s Discussion and Analysis At June 30, 2003, the County’s infrastructure assets totaled $624.5 million reported on the governmentwide financial statements as infrastructure - $413.2 million, construction in progress - $78.9 million and land associated with infrastructure assets - $132.4 million. Additional information regarding infrastructure assets can be found in the Notes to the Financial Statements (Note 1 - Summary of Significant Accounting Policies and Note 10 - Capital Assets), and in the Required Supplementary Information Modified Approach for Infrastructure Assets page 84. Long-Term Liabilities At June 30, 2003, the County had total long-term liabilities (noncurrent liabilities due within one year and more than one year) outstanding of $330.8 million, which represents a $43.9 million decrease from the restated prior year balance of $374.7 million. The restatement was necessary for governmental activities due to the County’s reassessment of certain significant factors affecting the estimates of claims and judgments payable related to the County’s environmental liability and indigent medical claims. Additionally, long-term liabilities for business-type activities were restated as reported and incurred but not reported claims payable, previously reported as a long-term liability, were reclassified to a current liability on the government-wide financial statements. See the Notes to the Financial Statements that begin on page 44; Note 3 – Beginning Balances Restated, Note 12 – Long-Term Liabilities and Note 16 – Risk Management for further clarification. The majority of the decrease is attributable to debt service payments made during fiscal year 2003 for the County’s general obligation bonds and lease revenue bonds. The largest components of long-term liabilities at June 30, 2003, consisted of General Obligation Bonds $39,515,000, Lease Revenue Bonds - $109,545,000, Stadium District Revenue Bonds - $57,225,000, claims and judgments payable - $16,028,940 and reported and incurred but not reported claims $43,494,675. On November 11, 2003, Fitch upgraded the County’s general obligation bond rating to AA+ from AA. Fitch also upgraded the County’s certificate of participation and lease revenue bond ratings to AA from AA-. The following has been excerpted from the November 11, 2003, Fitch Press Release: “The upgrades are based on the imminent transfer of the county's health care delivery system to a separate voter-approved special health district with its own property tax levy. Although they've improved recently, the health care system's finances represented a potential fiscal liability to the county's general fund in the event it should require larger operating subsidies to remain operational. The upgrades also reflect continued financial improvement despite slower growth in the county's predominant revenue source, a record of continued economic growth and diversification, successful fiscal reforms, and the county's very modest debt profile. Although taxes derived from consumer spending have slowed over the last two fiscal years, the property tax base has still demonstrated healthy increases. Sound fiscal stewardship has enabled the county to meet the service delivery demands of a burgeoning populace while accumulating significant financial resources. These reserves provide the county with vast flexibility to maintain its modest debt profile by financing its capital needs from available resources.” General obligation bonds are paid from the secondary property tax levy. At June 30, 2003, net general obligation debt was $38,792,654 (0.16% of taxable property), while the statutory allowable 6 percent limit was $1,467,422,837 and the voter approved 15 percent limit was $3,668,557,092. On July 1, 2004, the County will make its final debt service payment on its general obligation bonds. Lease revenue bonds applicable to governmental activities are paid from the Lease Revenue Fund (debt service fund) that was funded in prior years by transfers from the General Fund and is predominantly unrestricted. At June 30, 2003, the fund balance in the Lease Revenue Fund to pay future liabilities was $94,597,749. Proceeds from the bonds are currently being used for capital projects. 15 Maricopa County Management’s Discussion and Analysis Stadium District revenue bonds are special obligations of the District. The bonds are payable solely from pledged revenues, consisting of car rental surcharges levied and collected by the Stadium District pursuant to A.R.S. §48-4234. On June 5, 2002, the Stadium District issued $58,225,000 (par value) of which $57,225,000 remains outstanding. Claims and judgments payable of $16 million are estimated long-term liabilities for claims pertaining to environmental liabilities. As previously stated, the liability for environmental liabilities and indigent health care claims was restated for governmental activities for the prior year and the restatement resulted in a decrease in the liability’s beginning balance as of July 1, 2002, of $113.7 million. Reported and incurred but not reported claims applicable to governmental activities of $43.5 million are reported in the Risk Management and Employee Benefits Trust funds (internal service funds). The claims are actuarial estimates for the County’s self-insured portion of future claims for general litigation related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; natural disasters; and certain health benefits that are paid through the operations of the funds. Additional information regarding long-term liabilities can be found in the Notes to the Financial Statements (Note 12 – Long-Term Liabilities and Note 16 – Risk Management). Economic Factors and Next Year’s Budget and Rates • Maricopa County’s economy is improving, but at a modest rate, according to many of the local economists. “It may take a few months before we are on the upward side of the business cycle,” according to Elliott D. Pollack & Company, economist for the County. “Now that the war in Iraq is over and front-page headlines are no longer focused on war terrorism, the economy should begin expanding again.” • The population in Maricopa County continues to increase while local employment is making a slight comeback and retail sales started to pick up after 2002. The unemployment rate in the metropolitan Phoenix region for June 2003 was 5.2 percent, which remains below both the state (5.9%) and national average (6.4%). The growth in spending and economic output is strong enough to virtually force the business community to increase hiring to meet the demand. Many corporate firms that are already based here are growing, which is contributing thousands more jobs. Forecasts show that Arizona’s economy will add more than 82,000 jobs in fiscal year 2004. • As reported by the U.S. Census Bureau, Maricopa County was second in the nation in gaining residents from April 2000 to July 2002. According to a statewide economic study prepared by Eller College of Business and Public Administration at the University of Arizona, they expect population to grow at 2.3 percent per year and employment to increase at 2.9 percent. • Benefits of Maricopa County that are contributing factors of improving the economy included quality of life, cost of living, a skilled work force, good universities and a favorable business nd th climate. Phoenix, a major city within Maricopa County, was ranked 2 in the 5 annual “America’s 50 Hottest Cities” report, published in the January 2003 issue of Expansion Management magazine. As part of the annual budget planning process, the County’s Office of Management and Budget developed a financial forecast to assist in both short and long range financial planning. This forecast provides a conservative estimate of the County’s fiscal condition through the next five years given a realistic economic forecast, current Board policies and existing laws. The forecast was instrumental in the determination of the fiscal year 2004 budget and tax rate. It was based on the following assumptions: • The Maricopa Integrated Health System (MIHS) will transition to a Special Health Care District. The voters of Maricopa County approved this district on November 4, 2003. 16 Maricopa County Management’s Discussion and Analysis • The extension of the Jail Excise Tax (propositions 400 and 401) was approved by the voters of Maricopa County in the November 2002 election. The tax will fund the operation costs of the new jail and juvenile detention facilities. Even though the growth and demand for services is high and the economy is somewhat slow, continued fiscal discipline has allowed for the property rate to be held flat for the fiscal year 2004 budget, versus an undesirable increase in the tax rate. This is the second year in a row, out of the last four budget years, that the property tax overall rate has not increased in line with the Board of Supervisor’s County Strategic Plan to reduce the overall property tax rate for Maricopa County property owners. For fiscal year 2004, the tax rate was held flat at $1.5448. In addition, the financial position of the Medical Center continued to decline during fiscal year 2003 and it is not expected to improve in the upcoming year. Subsidies from the General Fund for cash flow purposes for fiscal year 2004 are likely to continue. As discussed earlier, a significant event to note for the Maricopa Integrated Health System is that on November 4, 2003, the voters of Maricopa County approved proposition 414. This proposition will allow for the transition of the Maricopa Integrated Health System to a taxpayer-supported Health Care District with a separately elected Board of Directors. At the end of the fiscal year, unreserved fund balance for the General Fund was $288.8, or 50 percent of total General Fund expenditures. Unreserved fund balance increased by almost 16 percent from the prior year. This is due to actual revenues in excess of actual expenditures. In accordance with A.R.S., the entire amount will be budgeted in the next fiscal year. A.R.S. §42-17151 requires that total estimated sources of revenue must equal the total estimated expenditures in the budget for the current fiscal year. The estimated expenditures may include an amount for unanticipated contingencies or emergencies, per A.R.S. §42-17102. Request for Information This financial report is designed to provide our citizens, taxpayers, customers, investors and creditors with a general overview of the County’s finances and to demonstrate the County’s accountability for the money it receives. If you have any questions about this report or need additional financial information, please contact Maricopa County Department of Finance, 301 W. Jefferson, Suite 960, Phoenix, AZ 85003, or at www.maricopa.gov. 17 18 Financial Section Basic Financial Statements Basic Financial Statements Maricopa County Definitions of Government-wide Financial Statements and Listing of Major Funds Government-wide Financial Statements The Statement of Net Assets presents information on all of Maricopa County’s assets and liabilities, with the difference between the two reported as net assets. The Statement of Activities presents information showing how the government’s net assets changed during the most recent fiscal year. All changes in net assets are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. The above two statements are presented utilizing the following types of activities: Governmental Activities – generally are financed through taxes and intergovernmental revenues. Business-type Activities – are financed in whole or in part by fees charged to external parties. Major Funds General Fund – is the County’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. Special Revenue Funds Jail Operations Fund – was established under the authority of propositions 400 and 401, which were passed in the General Election of November 3, 1998. These propositions authorized a temporary 1/5 of one-cent sales tax to be used for the construction and operation of adult and juvenile detention facilities. The voters approved the extension of the 1/5 of one-cent sales tax in the General Election on November 5, 2002. The extension shall be levied beginning in the month following the expiration of the previous tax as approved by the voters in 1998. The Jail Operations Fund accounts for the receipt of tax revenue, jail operations expenditures, and transfers to the Jail Construction Fund for construction of the adult and juvenile detention facilities. Debt Service Funds General Obligation Fund – accounts for debt service on all various purpose general obligation bonds. Funding is provided by the County’s secondary property tax revenues, which may be used only for debt service. Lease Revenue Fund – accounts for the debt service on the Lease Revenue Bonds, Series 2001. Funding is provided by transfers from the General Fund. Capital Projects Funds Jail Construction Fund – accounts for the proceeds associated with the temporary 1/5 of one-cent sales tax approved by voters in the General Election on November 3, 1998. The proceeds are for the construction and operation of adult and juvenile detention facilities. The voters approved the extension of the 1/5 of one-cent sales tax in the General Election on November 5, 2002. The extension shall be levied beginning in the month following the expiration of the previous tax as approved by the voters in 1998. The Jail Construction Fund receives transfers from the Jail Operations Fund for construction of the adult and juvenile detention facilities. County Improvement Fund – accounts for capital projects funded through the issuance of the Lease Revenue Bonds, Series 2001. 21 Maricopa County Definitions of Government-wide Financial Statements and Listing of Major Funds (Continued) Enterprise Funds Medical Center Fund – provides quality, cost competitive health care and health professional education to assure the health security of individuals, families, and the community. Maricopa Health Plan Fund – is an ambulatory health care plan operated by Maricopa Managed Care Systems (MMCS). MMCS contracts with the Arizona Health Care Cost Containment System (AHCCCS) which provides monthly capitation revenues based on Maricopa County Health Plan enrollment. Arizona Long-Term Care System (ALTCS) Fund – is a managed care, long term care plan operated by Maricopa Managed Care Systems (MMCS). Chronically ill and physically disabled patients receive medical services as a result of an annual contract with the Arizona Health Care Cost Containment System (AHCCCS). 22 Maricopa County Statement of Net Assets June 30, 2003 PRIMARY GOVERNMENT GOVERNMENTAL ACTIVITIES BUSINESS-TYPE ACTIVITIES TOTAL ASSETS Cash in bank and on hand Cash and investments held by County Treasurer Receivables (net of allowances for uncollectibles) Internal balances Due from other governmental units Inventories Prepaids Deferred costs Miscellaneous Cash and investments held by trustee - restricted Capital assets: Land Buildings Machinery and equipment Infrastructure Construction in progress (Accumulated depreciation) $ 13,361,139 609,254,885 14,212,150 47,285,472 125,860,981 7,397,054 1,752,545 4,218,130 2,586,828 48,412,452 $ $ 13,361,639 695,285,651 85,180,221 126,720,871 13,636,373 21,113,736 4,218,130 3,503,816 55,822,417 916,988 7,409,965 237,197,018 793,585,551 161,950,953 413,157,611 447,058,232 (292,530,586) 2,634,760,415 Total assets 500 86,030,766 70,968,071 (47,285,472) 859,890 6,239,319 19,361,191 2,909,679 105,281,734 92,723,390 240,106,697 898,867,285 254,674,343 413,157,611 454,438,091 (393,809,338) 2,886,277,543 7,379,859 (101,278,752) 251,517,128 LIABILITIES Accounts payable and other current liabilities Employee compensation payable Accrued interest payable Medical claims payable Deferred revenue Due to other governmental units Deposits held for other parties Noncurrent liabilities: Due within one year Due in more than one year Total liabilities 61,698,680 44,921,842 3,791,374 26,080,505 7,860,874 967,765 47,885,262 87,779,185 52,782,716 4,759,139 47,885,262 18,048,428 12,684,545 767,410 18,048,428 9,574,797 767,410 3,109,748 63,942,957 227,427,895 430,173,383 4,184,433 35,281,698 125,370,285 68,127,390 262,709,593 555,543,668 1,529,060,770 75,738,774 1,604,799,544 NET ASSETS Invested in capital assets, net of related debt Restricted for: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Capital projects Debt service Other purposes Unrestricted Total net assets $ 6,323,836 85,761,123 29,657,875 6,132,132 15,306,014 867,024 67,433,897 22,554,000 248,513 441,241,848 2,204,587,032 The notes to the financial statements are an integral part of this statement. 23 36,587,613 3,183,671 4,226,294 $ 6,410,491 126,146,843 $ 6,323,836 85,761,123 29,657,875 42,719,745 15,306,014 867,024 70,617,568 26,780,294 248,513 447,652,339 2,330,733,875 Maricopa County Statement of Activities For the Fiscal Year Ended June 30, 2003 Charges for Services Expenses Program Revenues Operating Grants and Contributions Capital Grants and Contributions Functions/Programs Primary government: Governmental activities: General government $ 181,265,791 Public safety $ 506,600,904 Highways and streets 26,357,344 $ 1,253,971 71,880,262 106,337,449 51,016,886 1,563,228 83,101,971 335,607,743 24,243,241 99,981,028 Culture and recreation 27,488,028 8,461,408 692,387 Education 17,386,261 2,714,129 13,556,678 135,219,612 304,923,484 5,688,257 Health, welfare and sanitation Interest on long-term debt $ 154,255 44,071,461 96,555 11,446,165 Total governmental activities 1,130,811,778 44,322,271 Business-type activities: Medical Center 366,425,283 334,310,122 Arizona Health Care Cost Containment System (AHCCCS) Plan 109,142,148 115,846,532 Arizona Long-Term Care System (ALTCS) Plan 232,991,015 240,083,167 Other business-type activities Total business-type activities Total primary government $ 76,620,753 70,625,061 785,179,199 760,864,882 1,915,990,977 General revenues: Taxes: Property taxes, levied for general purposes Property taxes, levied for debt service Share of state sales taxes Sales tax – Jail construction and operation Surcharge tax - Stadium District Vehicle license tax Grants and contributions not restricted to specific programs Unrestricted investment earnings Gain on disposal of capital assets Miscellaneous Transfers Total general revenues and transfers Change in net assets Net assets, beginning, as restated Net assets, ending The notes to the financial statements are an integral part of this statement. 24 $ 896,084,494 1,271,175 6,959,432 $ 311,882,916 $ 44,322,271 Governmental Activities $ (153,500,221) Net (Expense) Revenue and Changes in Net Assets Primary Government Business-Type Activities $ Total $ (328,383,193) (328,383,193) 77,719,774 77,719,774 (211,383,474) (211,383,474) (18,237,678) (18,237,678) (1,115,454) (1,115,454) (11,446,165) (11,446,165) (646,346,411) (646,346,411) (26,426,904) (646,346,411) (26,426,904) 6,704,384 6,704,384 7,092,152 7,092,152 (4,724,517) (4,724,517) (17,354,885) (17,354,885) (17,354,885) (663,701,296) 350,299,114 350,299,114 19,708,786 19,708,786 330,260,143 330,260,143 98,932,138 98,932,138 5,240,032 5,240,032 110,603,659 110,603,659 1,725,495 1,725,495 16,507,950 $ (153,500,221) 2,594,524 19,102,474 13,346,055 13,346,055 3,061,600 3,061,600 (16,531,668) 16,531,668 933,153,304 19,126,192 286,806,893 1,771,307 288,578,200 1,917,780,139 124,375,536 2,042,155,675 2,204,587,032 $ 126,146,843 952,279,496 $ 2,330,733,875 25 Maricopa County Balance Sheet Governmental Funds June 30, 2003 JAIL OPERATIONS GENERAL GENERAL OBLIGATION ASSETS Cash in bank and on hand Cash and investments held by County Treasurer Receivables Due from other funds Due from other governmental units Inventories Miscellaneous Cash and investments held by trustee - restricted Total assets $ $ 83,443 182,251,580 8,126,115 68,736,718 67,082,759 3,585,799 413,405 3,287,721 333,567,540 $ $ $ 37,754,758 $ 13,467,310 5,636,830 928,909 15,540,587 $ 2,164,889 1,672,201 62,115 $ 17,279,590 116,786 20,899,179 545,103 20,001,645 355,283 1,454 21,444,282 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable Employee compensation payable Accrued liabilities Due to other funds Due to other governmental units Interest payable Bonds payable Special assessment debt with governmental commitment Deferred revenue Deposits held for other parties Total liabilities $ 3,391 998,675 19,350,000 5,336,769 Fund balances: Reserved for: Inventories Capital lease expenditures Debt service Unreserved, reported in: General fund Special revenue funds Capital projects funds Debt service funds Total fund balances Total liabilities and fund balances 373,261 40,910,405 3,902,596 3,585,799 248,513 355,283 20,721,936 722,346 288,822,823 33,496,879 292,657,135 $ 333,567,540 33,852,162 $ 37,754,758 722,346 $ 21,444,282 Amounts reported for governmental activities in the Statement of Net Assets are different because: Capital assets used in governmental activities are not financial resources and therefore, are not reported in the funds. Other assets are not available to pay for current period expenditures and therefore, are deferred in the funds. Internal service funds are used by management to charge the costs of equipment services, telecommunications, reprographics, risk management, employee benefits, and the sheriff warehouse to individual funds. The assets and liabilities of the internal service funds are included in governmental activities in the Statement of Net Assets. Some long-term liabilities and compensated absences are not due and payable shortly after June 30, 2003, therefore, are not reported in the funds. Net assets of governmental activities The notes to the financial statements are an integral part of this statement. 26 LEASE REVENUE $ JAIL CONSTRUCTION $ 81,157,946 218,875 $ 29,131,444 110,508,265 $ COUNTY IMPROVEMENT $ $ 23,905,991 OTHER GOVERNMENTAL FUNDS 49,866,036 134,415 $ 23,905,991 $ 50,000,451 $ $ 13,833,867 45,497 $ 915,028 $ 74 2,382,939 13,527,577 15,910,516 13,879,364 TOTAL GOVERNMENTAL FUNDS 12,392,773 196,978,002 1,981,476 4,132 38,776,577 1,709,428 1,350,670 15,978,873 269,171,931 $ 24,615,690 3,368,018 1,621,239 4,391,753 9,571,406 15,656 $ $ 31,643 29,738,123 767,410 74,120,938 915,102 1,709,428 12,923,320 81,674,429 94,597,749 $ 110,508,265 $ 10,026,627 49,085,349 10,026,627 49,085,349 195,050,993 23,905,991 $ 50,000,451 $ 54,996,784 10,722,546 2,612,337 19,932,340 9,574,797 3,397,270 32,877,577 31,643 35,448,153 767,410 170,360,857 5,650,510 248,513 22,554,000 8,908,334 123,114,682 61,318,549 12,476,216 572,338,324 11,122,770 68,740,850 125,860,981 5,650,510 1,765,529 48,398,038 846,353,218 288,822,823 156,611,561 120,430,525 81,674,429 675,992,361 269,171,931 1,758,304,217 20,399,725 $ 27 (5,814,133) (244,295,138) 2,204,587,032 Maricopa County Statement of Revenues, Expenditures, and Changes in Fund Balances Governmental Funds For the Fiscal Year Ended June 30, 2003 JAIL OPERATIONS GENERAL GENERAL OBLIGATION REVENUES Taxes $ 296,323,891 Licenses and permits $ 98,932,138 $ 19,708,786 52,000 440,832,307 19,129,664 Charges for services Intergovernmental 25,932,255 16,228 Fines and forfeits 11,940,885 Special assessments Miscellaneous Total revenues 11,678,713 925,522 210,517 786,760,051 119,003,552 19,919,303 EXPENDITURES Current: General government 110,396,669 Public safety 237,321,515 131,196,526 Highways and streets 209,451,773 Health, welfare and sanitation Culture and recreation 1,646,491 Education 1,638,798 Debt service: Principal 19,350,000 1,997,350 Interest Capital outlay 17,508,693 4,001,320 Total expenditures 577,963,939 135,197,846 Excess (deficiency) of revenues over expenditures 208,796,112 21,347,350 (16,194,294) (1,428,047) OTHER FINANCING SOURCES (USES) Transfers in 15,657,059 Transfers out 1,376,476 (98,138,712) 4,321,656 Capital lease agreements (170,758,615) Total other financing sources (uses) Net changes in fund balances Fund balances (deficit) at beginning of year 22,728,212 38,037,497 6,533,918 254,122,264 27,226,636 Increase (decrease) in reserve for inventories Fund balances at end of year 120,866,924 (190,737,330) 497,374 $ 292,657,135 The notes to the financial statements are an integral part of this statement. 28 1,376,476 (51,571) 773,917 91,608 $ 33,852,162 $ 722,346 LEASE REVENUE $ JAIL CONSTRUCTION $ OTHER GOVERNMENTAL FUNDS COUNTY IMPROVEMENT $ $ 59,911,647 TOTAL GOVERNMENTAL FUNDS $ 474,876,462 28,140,974 28,192,974 285,735,747 745,697,718 40,551,124 66,499,607 4,385,910 16,326,795 3,625,508 3,625,508 2,657,424 1,082,830 43,344,206 59,899,212 2,657,424 1,082,830 465,695,116 1,395,118,276 3,845,313 114,241,982 124,917,073 493,435,114 44,226,114 44,226,114 122,300,757 331,752,530 17,742,306 19,388,797 15,629,214 17,268,012 13,527,577 1,193,816 34,071,393 4,765,878 3,660,557 10,423,785 171,303,888 7,528,148 115,246,084 315,588,133 18,293,455 171,303,888 7,528,148 448,761,234 1,380,395,860 (15,636,031) (171,303,888) (6,445,318) 16,933,882 14,722,416 98,138,712 224,916 149,765,591 386,029,678 (113,685,304) (402,561,346) 36,080,287 (12,210,012) 4,321,656 98,138,712 224,916 (15,636,031) (73,165,176) (6,220,402) 110,233,780 83,191,803 55,305,751 53,014,169 2,512,404 142,682,121 673,536,272 (645,297) $ 94,597,749 $ 10,026,627 $ 49,085,349 29 $ 195,050,993 (56,315) $ 675,992,361 Maricopa County Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities For the Fiscal Year Ended June 30, 2003 Net change in fund balances – total governmental funds (page 29) $ 2,512,404 Amounts reported for governmental activities in the Statement of Activities pages 24 – 25 are different because: Governmental funds report capital outlays as expenditures. However, in the Statement of Activities the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the current period. 282,026,016 The net effect of various miscellaneous transactions involving capital assets (i.e., sales, trade-ins, and donations) is to decrease net assets. (50,278,733) Revenues in the Statement of Activities that do not provide current financial resources are not reported as revenues in the funds. 5,023,615 The issuance of long-term debt (e.g., bonds, leases) provides current financial resources to governmental funds, while the repayment of the principal of long-term debt consumes the current financial resources of governmental funds. Neither transaction, however, has any effect on net assets. Also, governmental funds report the effect of issuance costs, premiums, discounts, and similar items when debt is first issued, whereas these amounts are deferred and amortized in the Statement of Activities. This amount is the net effect of these differences in the treatment of longterm debt and related items. 38,926,570 Some expenses reported in the Statement of Activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds. 2,903,294 Internal service funds are used by management to charge the costs of equipment services, telecommunications, reprographics, risk management, employee benefits, and the sheriff warehouse to individual funds. The net revenue of internal service funds is reported with governmental activities. 5,693,727 Change in net assets of governmental activities (page 25) The notes to the financial statements are an integral part of this statement. 30 $ 286,806,893 31 Maricopa County Statement of Net Assets Proprietary Funds June 30, 2003 BUSINESS-TYPE ACTIVITIES ENTERPRISE FUNDS MEDICAL CENTER MARICOPA HEALTH PLAN ALTCS ASSETS Current assets: Cash in bank and on hand Cash and investments held by County Treasurer Receivables: Accounts (net of allowances) Accrued interest Due from other funds Due from other governmental units Inventories Prepaids Miscellaneous Total current assets $ $ 50,767,141 19,352,062 859,890 6,239,319 1,391,167 913,044 79,522,623 Noncurrent assets: Restricted: Cash and investments held by trustee Capital assets: Land Buildings Machinery and equipment Construction in progress Less accumulated depreciation Total noncurrent assets $ 18,800,194 50,804,780 9,567,508 61,696 8,740,757 156,753 6,173,830 7,122,570 34,603,228 66,824,860 3,383,336 6,209,834 (3,383,336) (2,796,838) 3,412,996 7,409,965 1,722,193 105,218,172 80,490,874 7,379,859 (92,395,670) 109,825,393 Total assets 189,348,016 34,603,228 70,237,856 13,831,938 7,847,001 6,757,595 759,841 47,285,472 3,109,748 358,389 760,407 1,548,635 1,026,457 6,333,433 15,540,587 12,753,478 26,519,089 20,993,935 43,846,540 20,993,935 43,846,540 LIABILITIES Current liabilities: Vouchers payable Employee compensation payable Accrued liabilities Interest payable Due to other funds Due to other governmental units Medical claims payable Accrued interest Leases payable (current portion) Installment purchase agreements (current portion) Certificates of participation (current portion) Lease revenue bonds payable (current portion) Liability for reported and incurred but not reported claims (current portion) Liability for closure and postclosure costs (current portion) Total current liabilities 207,924 534,639 809,000 2,657,423 83,800,581 Noncurrent liabilities: Leases payable Installment purchase agreements Certificates of participation Lease revenue bonds payable Liability for reported and incurred but not reported claims Liability for postclosure costs Total noncurrent liabilities 1,815,885 9,968,000 15,328,821 27,112,706 Total liabilities 110,913,287 NET ASSETS Invested in capital assets, net of related debt Restricted for debt service Restricted for construction Restricted for health care Restricted for self-insurance Unrestricted (deficit) Total net assets 71,301,660 4,226,294 3,183,671 3,412,996 13,609,293 $ The notes to the financial statements are an integral part of this statement. 32 (276,896) 78,434,729 $ 13,609,293 22,978,320 $ 26,391,316 OTHER ENTERPRISE FUNDS $ 500 16,425,792 GOVERNMENTAL ACTIVITIES INTERNAL SERVICE FUNDS TOTALS $ 1,626,708 47,508 2,521,958 4,673,624 3,944 25,300,034 1,187,486 63,562 2,639,346 500 86,030,766 $ 70,702,114 265,957 21,874,020 859,890 6,239,319 19,361,191 916,988 206,250,745 1,746,544 1,752,545 821,299 42,221,564 7,409,965 14,414 99,692 2,909,679 105,281,734 92,723,390 7,379,859 (101,278,752) 114,425,875 (2,702,908) 1,187,486 884,923 36,916,561 323,649 5,362,806 (3,571,893) 2,128,976 26,487,520 320,676,620 44,350,540 901,313 13,873 895,771 15,852,047 7,860,874 10,228,458 759,841 69,159,492 3,109,748 47,885,262 207,924 3,756,373 578,755 338,169 8,612,695 1,523,038 123,148 63,375 534,639 872,375 2,657,423 119,996 10,607,023 119,996 159,248,079 99,993 1,815,885 10,067,993 15,328,821 8,068,999 8,168,992 8,068,999 35,281,698 27,025,555 18,776,015 194,529,777 50,164,673 1,024,118 75,738,774 4,226,294 3,183,671 36,587,613 1,640,899 6,687,387 7,711,505 6,410,491 126,146,843 16,819,635 23,139,118 350,515 26,675,040 $ $ $ (9,622,187) 2,167,155 (5,814,133) 33 Maricopa County Statement of Revenues, Expenses, and Changes in Fund Net Assets Proprietary Funds For the Fiscal Year Ended June 30, 2003 BUSINESS-TYPE ACTIVITIES ENTERPRISE FUNDS MEDICAL CENTER MARICOPA HEALTH PLAN ALTCS OPERATING REVENUES Net patient service revenue Charges for services Miscellaneous Total operating revenues $ 306,974,222 20,094,148 7,241,752 334,310,122 $ $ 115,846,532 240,083,167 115,846,532 240,083,167 156,456,778 50,087,558 25,001,527 26,611,793 4,003,110 880,593 103,346,055 38,451 12,642,905 1,220,212 215,831,416 219,691 57,875 2,482,053 5,271,230 90,654 780,907 7,539 775,746 109,142,148 6,704,384 438,635 1,857,249 232,991,015 7,092,152 5,688,257 36,355 (2,757,366) 446,020 1,578,045 2,967,246 446,020 1,578,045 (26,390,549) 7,150,404 8,670,197 36,040,262 (759,693) 8,890,020 (6,333,433) 816,971 (15,540,587) (6,870,390) OPERATING EXPENSES Personal services Supplies Medical services Other services Legal Insurance Leases and rentals Repairs and maintenance Travel and transportation Utilities Provision for doubtful accounts Indigent patient direct write-offs Depreciation Miscellaneous Total operating expenses Operating income (loss) 4,159,343 56,179,229 21,386,311 13,888,691 2,085,529 363,667,917 (29,357,795) NONOPERATING REVENUES (EXPENSES) Grant revenues Investment income Interest expense Loss on disposal of capital assets Total nonoperating revenues (expenses) Income (loss) before contributions and transfers Capital contributions Transfers in Transfers out Change in net assets Total net assets (deficit) – beginning, as restated Total net assets (deficit) – ending 69,544,709 78,434,729 $ The notes to the financial statements are an integral part of this statement. 34 $ 12,792,322 13,609,293 $ 33,261,706 26,391,316 OTHER ENTERPRISE FUNDS $ TOTALS $ 70,574,419 50,642 70,625,061 3,305,075 534,934 69,998,699 1,069,150 177,481 823,517 147,444 306,974,222 446,598,266 7,292,394 760,864,882 73,866 468,719 76,609,377 (5,984,316) 176,407,868 52,723,297 414,177,697 27,939,085 177,481 881,392 3,501,058 5,271,230 429 4,169,406 56,179,229 21,386,311 14,408,731 5,187,243 782,410,457 (21,545,575) 1,271,175 534,104 (11,376) 6,959,432 2,594,524 (2,768,742) 1,793,903 6,785,214 (4,190,413) (14,760,361) 3,208,421 (83,302) (1,065,294) 39,248,683 (22,717,015) 1,771,307 429 10,063 GOVERNMENTAL ACTIVITIES INTERNAL SERVICE FUNDS $ 63,925,589 492,975 64,418,564 6,826,904 8,861,562 2,971,828 4,708,769 24,975,242 1,675,306 2,385,516 64,191 4,999,477 666,681 58,135,476 6,283,088 718,643 (62,012) (350,212) 306,419 6,589,507 23,550 $ 8,776,799 7,711,505 $ 124,375,536 126,146,843 (919,330) 5,693,727 $ (11,507,860) (5,814,133) 35 Maricopa County Statement of Cash Flows Proprietary Funds For the Fiscal Year Ended June 30, 2003 BUSINESS-TYPE ACTIVITIES ENTERPRISE FUNDS MEDICAL CENTER CASH FLOWS FROM OPERATING ACTIVITIES Cash receipts from contractors, patients and other payors Charges for services Other receipts Payments for goods and services Payments for personal services $ Net cash provided by (used for) operating activities CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Advances from General Fund Grant receipts Cash transfers from other funds Cash transfers to other funds Interest payments Loan payments to General Fund Net cash provided by (used for) noncapital financing activities 113,012,175 ALTCS $ 235,107,869 (105,291,697) (155,450,963) (112,556,254) (4,003,110) (229,153,724) (12,642,905) (4,288,559) (3,547,189) (6,688,760) (5,496,546) (1,708,512) (769,000) (2,513,756) (493,433) (879,853) (10,152,588) (1,708,512) 36,355 36,355 Net increase (decrease) in cash and cash equivalents 471,770 471,770 (893,825) Cash and cash equivalents, July 1, 2002 SCHEDULE OF NONCASH INVESTING, CAPITAL AND NONCAPITAL FINANCING ACTIVITIES Allowance for uncollectible accounts Accounts receivable write-offs Buildings constructed Construction in progress completed Accumulated depreciation from disposed capital assets Machinery and equipment disposed Loss on disposal of capital assets Proceeds from sale of capital assets Capital asset acquired through trade-in Building acquired Machinery and equipment acquired Vouchers payable Installment purchase contracts payable Accumulated depreciation transferred to County-wide capital assets Transfer out capital assets to County-wide capital assets Capital assets transferred to County-wide capital assets Capital contributions Accumulated depreciation transferred from County-wide capital assets Capital assets transferred from County-wide capital assets Due from other County funds Transfers from other County funds Transfers to other County funds Due to other County funds Deletion of buildings due to change in capitalization policy Deletion of machinery and equipment due to change in capitalization policy Deletion of accumulated depreciation due to change in capitalization policy Restatement of July 1, 2002, net assets for change in capitalization policy $ 13,510,967 CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends Net cash provided by investing activities RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED BY (USED FOR) OPERATING ACTIVITIES Operating income (loss) Adjustments to reconcile operating income (loss) to net cash provided by (used for) operating activities Depreciation expense Provision for doubtful accounts Indigent patient direct write-offs Liability for reported and incurred but not reported claims – noncurrent Net change in liability for postclosure costs - noncurrent Changes in assets and liabilities: Accounts receivable Due from other funds Inventories Prepaids Miscellaneous Vouchers payable Employee compensation payable Accrued liabilities Due to other governmental units Medical claims payable Liability for reported and incurred but not reported claims – current Liability for closure and postclosure costs - current Net cash provided by (used for) operating activities 256,454,101 47,285,472 6,828,859 18,546,823 (759,693) (1,485,221) (56,905,273) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Purchase of capital assets Capital lease payments Certificates of participation payments Lease revenue bond payments Installment purchase contract payments Interest payments on long-term debt Proceeds from capital lease Proceeds from sale of capital assets Net cash used for capital and related financing activities Cash and cash equivalents, June 30, 2003 MARICOPA HEALTH PLAN 8,303,790 $ $ 7,409,965 (29,357,795) 2,041,618 2,041,618 (3,075,419) (6,355,654) 21,875,613 57,160,434 $ 18,800,194 $ 50,804,780 $ 6,704,384 $ 7,092,152 13,888,691 56,179,229 21,386,311 7,539 (78,106,021) 250,000 197,602 1,773,366 (146,199) 1,369,352 1,005,815 4,936,390 2,334,700 438,635 (2,834,357) (4,975,298) (5,106,709) (7,122,570) 79,571 $ (4,288,559) $ $ 52,288,299 (52,288,299) 19,121,135 (19,121,135) $ (1,659,698) (1,011,722) 159,758 (1,385,895) (621,739) (3,547,189) $ (6,688,760) $ 28,613 873,657 (666,128) (236,142) 19,352,062 (19,352,062) (404,893) (10,311,277) 8,405,789 2,310,381 The notes to the financial statements are an integral part of this statement. 36 6,333,433 (6,333,433) 15,540,587 (15,540,587) (1,582,446) 1,582,446 (769,187) 714,214 54,973 OTHER ENTERPRISE FUNDS $ GOVERNMENTAL ACTIVITIES INTERNAL SERVICE FUNDS TOTALS $ 69,391,998 50,642 (78,270,746) (3,303,947) 604,574,145 69,391,998 50,642 (525,272,421) (175,400,925) (12,132,053) (26,656,561) 4,688,502 47,285,472 8,100,034 19,233,286 (842,995) (1,485,221) (56,905,273) 1,523,038 1,271,175 686,463 (83,302) 1,874,336 $ 63,156,738 546,922 (52,242,709) (6,772,449) (54,886) (1,556,050) 15,385,303 (87,898) (7,205,058) (59,151) (11,376) (828,151) (2,513,756) (493,433) (891,229) (70,527) (11,931,627) 717,245 717,245 (1,478,172) (65,147) (7,126) 440,000 21,610 (1,088,835) 3,266,988 3,266,988 806,807 806,807 (9,610,999) (19,935,897) 4,318,576 26,037,291 113,377,128 33,497,322 $ 16,426,292 $ 93,441,231 $ 37,815,898 $ (5,984,316) $ (21,545,575) $ 6,283,088 73,866 14,408,731 56,179,229 21,386,311 3,607,793 3,607,793 666,681 (3,552,899) (1,182,421) (87,098,097) 250,000 197,602 (15,129,537) (146,199) (779,532) 1,006,943 4,547,759 2,334,700 (2,340,751) (4,673,624) (568,757) 1,128 463,333 (333,117) (133,420) 749,738 (821,299) (3,237,186) 54,455 103,233 4,576,111 $ (3,535,938) (12,132,053) $ $ $ 138,231 (138,231) (3,535,938) (26,656,561) 52,288,299 (52,288,299) 19,121,135 (19,121,135) 138,231 (138,231) $ 4,688,502 $ 706,827 (1,080,049) 350,212 21,610 1,400 28,613 873,657 (666,128) (236,142) 141,032 919,330 (1,060,362) (23,550) (47,231) 70,781 2,521,958 (2,521,958) (50,273) 50,273 21,874,020 (21,874,020) 21,874,020 (21,874,020) (404,893) (12,713,183) 10,752,722 2,365,354 37 Maricopa County Statement of Fiduciary Net Assets Fiduciary Funds June 30, 2003 INVESTMENT TRUST FUNDS Assets Cash in bank and on hand Cash and investments held by County Treasurer Receivables Accrued interest receivable Total assets $ $ 1,293,482,059 3,488,376 1,296,970,435 Liabilities Due to other governmental units Deposits held for other parties Total liabilities Net Assets Held in trust for investment participants AGENCY FUNDS 83,111,005 $ $ 1,296,970,435 The notes to the financial statements are an integral part of this statement. 38 28,996,193 52,820,831 1,293,981 4,600,250 78,510,755 83,111,005 Maricopa County Statement of Changes in Fiduciary Net Assets Fiduciary Funds For the Fiscal Year Ended June 30, 2003 INVESTMENT TRUST FUNDS Additions: Contributions from participants Investment income: Interest income Net decrease in fair value of investments Net investment earnings Total additions $ 9,441,131,872 21,483,766 (1,126,507) 20,357,259 9,461,489,131 Deductions: Distributions to participants Total deductions 9,352,697,658 9,352,697,658 Change in net assets Net assets – beginning Net assets – ending 108,791,473 $ 1,188,178,962 1,296,970,435 The notes to the financial statements are an integral part of this statement. 39 40 Financial Section Basic Financial Statements - Notes Basic Financial Statements - Notes Maricopa County Listing of Basic Financial Statement Notes NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES NOTE 2 REPORTING CHANGES NOTE 3 BEGINNING BALANCES RESTATED NOTE 4 RECONCILIATION STATEMENTS NOTE 5 STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY NOTE 6 DEPOSITS AND INVESTMENTS NOTE 7 CONDENSED FINANCIAL STATEMENTS OF COUNTY TREASURER’S INVESTMENT POOL NOTE 8 RECEIVABLES NOTE 9 DUE FROM OTHER GOVERNMENTAL UNITS NOTE 10 CAPITAL ASSETS NOTE 11 CONSTRUCTION AND OTHER SIGNIFICANT COMMITMENTS NOTE 12 LONG-TERM LIABILITIES NOTE 13 MUNICIPAL LANDFILL CLOSURE AND POSTCLOSURE CARE COSTS NOTE 14 MUNICIPAL REVOLVING LINE OF CREDIT AND IRREVOCABLE STANDBY LETTER OF CREDIT NOTE 15 OPERATING LEASES NOTE 16 RISK MANAGEMENT NOTE 17 EMPLOYEE RETIREMENT PLANS NOTE 18 INTERFUND BALANCES AND ACTIVITY NOTE 19 DISPROPORTIONATE SHARE SETTLEMENT NOTE 20 MEDICAL CENTER FUND’S OPERATING REVENUES NOTE 21 SUBSEQUENT EVENTS OF GOVERNMENT-WIDE 43 AND FUND FINANCIAL Maricopa County Notes to the Financial Statements For the Fiscal Year Ended June 30, 2003 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accounting policies of Maricopa County conform to generally accepted accounting principles applicable to governmental units adopted by the Governmental Accounting Standards Board (GASB). A. Reporting Entity Maricopa County is a general purpose local government governed by a separately elected board of five county supervisors. The accompanying financial statements present the activities of the County (the primary government) and its component units. Component units are legally separate entities for which the County is considered to be financially accountable. Blended component units, although legally separate entities, are in substance part of the County’s operations. Therefore, data from these units is combined with data of the primary government. Discretely presented component units, on the other hand, are reported in a separate column in the combined financial statements to emphasize they are legally separate from the County. Each blended component unit discussed below has a June 30 year-end. The County has no discretely presented component units. The reporting entity is thus comprised of the primary government, Maricopa County Flood Control District, Maricopa County Library District, Maricopa County Public Finance Corporation, Maricopa County Special Assessment Districts, Maricopa County Stadium District, and the Maricopa County Street Lighting Districts. The blended component units are as follows: Maricopa County Flood Control District The Maricopa County Flood Control District is a legally separate entity that provides flood control facilities and regulates floodplains and drainage to prevent flooding of property in Maricopa County. As the County Board of Supervisors serves as the Board of Directors of the Flood Control District, the District is considered a component unit of the County. Maricopa County Library District The Library District is a legally separate entity that provides and maintains library services for the residents of Maricopa County. As the County Board of Supervisors serves as the Board of Directors of the Library District, the District is considered a component unit of the County. Maricopa County Public Finance Corporation Maricopa County Public Finance Corporation is a nonprofit corporation created by the Maricopa County Board of Supervisors that exists solely for the purpose of assisting the County in the acquisition, construction, and improvement of County facilities, including real property and personal property. The Board of Directors of the Public Finance Corporation is subject to the approval of the County Board of Supervisors and the corporation exists solely to benefit the County, therefore, the corporation is considered a component unit of the County. The corporation issued certificates of participation and lease revenue bonds that evidence undivided proportionate interests in rent payments to be made under the lease agreements, with an option to purchase, between Maricopa County and the Corporation. Since this debt is in substance the County’s obligation, these liabilities and resulting assets are reported on the County’s financial statements. 44 Notes to the Financial Statements (Continued) Maricopa County Special Assessment Districts The Special Assessment Districts are legally separate entities that provide improvements to various properties within the County. As the County Board of Supervisors serves as the Board of Directors of the Maricopa County Special Assessment Districts, the Districts are considered a component unit of the County. Maricopa County Stadium District The Stadium District is a legally separate entity that provides regional leadership and fiscal resources to assure the presence of Major League Baseball in Maricopa County. As the County Board of Supervisors serves as the Board of Directors of the Maricopa County Stadium District, the District is considered a component unit of the County. Maricopa County Street Lighting Districts The Street Lighting Districts are legally separate entities that provide street lighting in areas of the County that are not under local city jurisdictions. As the County Board of Supervisors serves as the Board of Directors of the Maricopa County Street Lighting Districts, the Districts are considered a component unit of the County. Complete financial statements of the Maricopa County Stadium District may be obtained at the entity’s administrative office listed below: Maricopa County Stadium District Bank One Ballpark 401 East Jefferson Phoenix, Arizona 85004 Separate financial statements of the remaining blended component units are not prepared. Related Organization The Industrial Development Authority of Maricopa County (Authority) is a legally separate entity that was created to assist in the financing of commercial and industrial enterprises; safe, sanitary, and affordable housing; and healthcare facilities. The Authority fulfills its function through the issuance of tax exempt or taxable revenue bonds. The County Board of Supervisors appoints the Authority’s Board of Directors. The Authority’s operations are completely separate from the County and the County is not financially accountable for the Authority. Therefore, the financial activities of the Authority have not been included in the accompanying financial statements. B. Basis of Presentation The basic financial statements include both government-wide statements and fund financial statements. The government-wide statements focus on the County as a whole, while the fund financial statements focus on major funds. Each presentation provides valuable information that can be analyzed and compared between years and between governments to enhance the usefulness of the information. Government-wide financial statements – provide information about the primary government (the County) and its component units. The statements include a statement of net assets and a statement of activities. These statements report the financial activities of the overall government, except for fiduciary activities. They also distinguish between the governmental and business-type activities of the County. Governmental activities generally are financed through taxes and intergovernmental revenues. Business-type activities are financed in whole or in part by fees charged to external parties. 45 Notes to the Financial Statements (Continued) The statement of activities presents a comparison between direct expenses and program revenues for each function of the County’s governmental activities and segment of its business-type activities. Direct expenses are those that are specifically associated with a program or function and, therefore, are clearly identifiable to a particular function. The County allocates indirect expenses to programs or functions. Program revenues include: • Charges to customers or applicants for goods, services, or privileges provided, • Operating grants and contributions, and • Capital grants and contributions, including special assessments. Revenues that are not classified as program revenues, including internally dedicated resources and all County levied taxes or taxes not levied by the County that are not restricted to a specific program, are reported as general revenues. Generally, the effect of interfund activity has been eliminated from the government-wide financial statements to minimize the double counting of internal activities. However, charges for interfund services provided and used are not eliminated if doing so would distort the direct costs and program revenues reported by the departments concerned. Fund financial statements – provide information about the County’s funds, including fiduciary funds and blended component units. Separate statements are presented for the governmental, proprietary, and fiduciary fund categories. The emphasis of fund financial statements is on major governmental and enterprise funds, each displayed in a separate column. All remaining governmental and enterprise funds are aggregated and reported as nonmajor funds. Fiduciary funds are aggregated and reported by fund type. Proprietary fund operating revenues, such as charges for services, result from transactions associated with the fund’s principal activity in which each party receives and gives up essentially equal values. Nonoperating revenues, such as subsidies and investment earnings, result from transactions in which the parties do not exchange equal values. Revenues generated by ancillary activities are also reported as nonoperating revenues. The County reports the following major governmental funds: The General Fund – is the County’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. The Jail Operations Fund – was established under the authority of propositions 400 and 401, which were passed in the General Election of November 3, 1998. These propositions authorized a temporary 1/5 of one-cent sales tax to be used for the construction and operation of adult and juvenile detention facilities. The voters approved the extension of the 1/5 of one-cent sales tax in the General Election on November 5, 2002. The extended tax shall be levied beginning in the month following the expiration of the previous tax as approved by the voters in 1998. The Jail Operations Fund accounts for the receipt of tax revenue, jail operations expenditures, and transfers to the Jail Construction Fund for construction of the adult and juvenile detention facilities. The General Obligation Fund – accounts for debt service on all various purpose general obligation bonds. Funding is provided by the County’s secondary property tax revenues, which may be used only for debt service. The Lease Revenue Fund – accounts for the debt service on the Lease Revenue Bonds, Series 2001. Funding is provided by transfers from the General Fund. 46 Notes to the Financial Statements (Continued) The Jail Construction Fund – accounts for the proceeds associated with the temporary 1/5 of one-cent Sales Tax approved by voters in the General Election on November 3, 1998. The proceeds are for the construction and operation of adult and juvenile detention facilities. The voters approved the extension of the 1/5 of one-cent sales tax in the General Election on November 5, 2002. The extended tax shall be levied beginning in the month following the expiration of the previous tax as approved by the voters in 1998. The Jail Construction Fund receives transfers from the Jail Operations Fund for construction of the adult and juvenile detention facilities. The County Improvement Fund – accounts for capital projects funded through the issuance of the Lease Revenue Bonds, Series 2001. The County reports the following major enterprise funds: The Medical Center Fund – accounts for the operations of the Maricopa Medical Center which provides quality, cost competitive health care and health professional education to assure the health security of individuals, families, and the community. The Maricopa Health Plan Fund – is an ambulatory health care plan operated by Maricopa Managed Care System (MMCS). MMCS contracts with the Arizona Health Care Cost Containment System (AHCCCS) which provides monthly capitation revenues based on Maricopa Health Plan (MHP) enrollment. The Arizona Long-Term Care System (ALTCS) Fund – is a managed care, long term care plan operated by Maricopa Managed Care Systems (MMCS). Chronically ill and physically disabled patients receive medical services as a result of an annual contract with the Arizona Health Care Cost Containment System (AHCCCS). The County reports the following fund types: The internal service funds – account for automotive maintenance and service, telecommunications services, printing and duplicating services, insurance services, self-insured employee benefits, and warehouse services provided to County departments or to other governments on a cost reimbursement basis. The investment trust funds – account for pooled assets held and invested by the County Treasurer on behalf of other governmental entities. The agency funds – account for assets held by the County as an agent for the State and various local governments, and for the property taxes collected and distributed to the State, local school districts, community college districts and special districts. C. Basis of Accounting The government-wide, proprietary fund, and fiduciary fund financial statements are presented using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded at the time liabilities are incurred, regardless of when the related cash flows take place. Property taxes are recognized as revenue in the year for which they are levied. Grants and donations are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. Governmental funds in the fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Under this method, revenues are recognized when measurable and available. The County considers all revenues reported in the governmental funds to be available if the revenues are collected within 60 days after year-end. 47 Notes to the Financial Statements (Continued) Expenditures are recorded when the related fund liability is incurred, except for claims and judgments and compensated absences, which are recognized as expenditures to the extent they are due and payable. For principal and interest on general long-term debt, the County recognizes debt service expenditures in the current year for principal and interest payments due early in the following year. General capital asset acquisitions are reported as expenditures in governmental funds. Proceeds of general long-term debt and acquisitions under capital lease agreements are reported as other financing sources. Under the terms of grant agreements, the County funds certain programs by a combination of grants and general revenues. Therefore, when program expenses are incurred there are both restricted and unrestricted net assets available to finance the program. The County applies grant resources to such programs before using general revenues. The County’s business-type activities and enterprise funds of the County follow FASB Statements and Interpretations issued on or before November 30, 1989; Accounting Principles Board Opinions; and Accounting Research Bulletins, unless those pronouncements conflict with GASB pronouncements. D. Cash and Investments For purposes of its statements of cash flows, the County considers only those highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. Nonparticipating interest-earning investment contracts are stated at cost. Money market investments and participating interest-earning investment contracts with a remaining maturity of one year or less at time of purchase are stated at amortized cost. All other investments are stated at fair value. E. Inventories Inventories of the governmental funds consist of expendable supplies held for consumption and are recorded as expenditures at the time of purchase. Amounts on hand at year-end are shown on the balance sheet as an asset for informational purposes only and are offset by a fund balance reserve to indicate that they do not constitute “available spendable resources.” These inventories are stated at weighted-average cost. Inventories of the proprietary funds are recorded as assets when purchased and expensed when consumed. The amount shown on the statement of net assets for the enterprise funds is valued at cost using the first-in, first-out method. The amount shown on the statement of net assets for the internal service funds is valued at cost using the moving average method. F. Property Tax Calendar The County levies real property taxes and commercial personal property taxes on or before the third Monday in August that become due and payable in two equal installments. The first installment is due on the first day of October and becomes delinquent after the first business day of November. The second installment is due on the first day of March of the next year and becomes delinquent after the first business day of May. During the year, the County also levies mobile home personal property taxes that are due the second Monday of the month following receipt of the tax notice and become delinquent 30 days later. A lien assessed against real and personal property attaches on the first day of January preceding assessment and levy. 48 Notes to the Financial Statements (Continued) G. Capital Assets Capital assets, which include property, plant, equipment, and infrastructure assets (e.g., roads, bridges, sidewalks, and similar items), are reported in the government-wide statements and the proprietary funds. Capital assets are defined by the County as assets with an initial, individual cost of more than $5,000. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair market value at the date of donation. In fiscal year 2002, the County estimated the Department of Transportation’s historical cost for infrastructure assets at $71,137,621 for right-of-way assets and $355,112,429 for roadway system assets owned prior to fiscal year 2002. The fair market value for right-of-way assets was estimated based on current regional land acquisitions and deflated by the trended growth rate as determined by the County assessed valuation from the State of Arizona Department of Revenue Abstract of the Assessment Roll for vacant land, agriculture and government property not including legally exempt land. The fair market value for roadway system assets was estimated based on current construction costs and deflated using the Price Trends for Federal–aid Highway Construction, published in Price Trends for Federal-aid Highway Construction by the U.S. Department of Transportation, Federal Highway Administration, Office of Program Administration, Office of Infrastructure. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets’ lives are not capitalized. Property, plant, and equipment of the primary government and its blended component units is depreciated using the straight-line method over the following estimated useful lives: TYPE OF ASSETS Buildings Infrastructure Autos and trucks Other equipment ESTIMATED USEFUL LIFE (IN YEARS) 20 50 20 50 3 10 3 20 All infrastructure assets maintained by the County Department of Transportation, consisting of roadways, bridges and related assets, are reported on the government-wide financial statements. These assets will not be depreciated as they are maintained using the modified approach. Under the modified approach, the County’s roadway and bridge systems are being preserved at a specified condition level established by the County. For information on the modified approach see Required Supplementary Information – Modified Approach for Infrastructure Assets. The Flood Control District accounts for the County’s remaining infrastructure assets consisting of drainage systems, dams, flood channels and canals. For the Flood Control District, only infrastructure assets acquired since fiscal year 2002 are reported on the government-wide financial statements. Flood Control infrastructure assets will be depreciated starting in fiscal year 2004, as the assets previously reported as construction in progress will have been placed in service for one complete fiscal year. H. Investment Income Investment income is composed of interest, dividends, and net changes in the fair value of applicable investments. I. Compensated Absences Compensated absences consist of vacation leave and a calculated amount of sick leave earned by employees based on services already rendered. Employees may accumulate up to 240 hours of vacation leave, but any vacation hours in excess of the maximum amount that are unused at calendar year-end convert to sick leave. Upon termination of employment, all unused vacation benefits are paid to employees. Accordingly, vacation benefits are accrued as a liability in the financial statements. 49 Notes to the Financial Statements (Continued) Employees may accumulate an unlimited number of sick leave hours. Generally, sick leave benefits provide for ordinary sick pay and are cumulative but are forfeited upon termination of employment. Because sick leave benefits do not vest with employees, a liability for sick leave benefits is not accrued in the financial statements. However, upon retirement, County employees with accumulated sick leave in excess of 1,000 hours are entitled to a $3,000 bonus. The amount of such bonuses is accrued as a liability. NOTE 2 – REPORTING CHANGES Beginning in fiscal year 2003, the County established the following nonmajor governmental funds. Special Revenue Funds Animal Control Field Services Animal Control Grants Clerk of Court Fill the Gap Clerk of Court Spousal Maintenance Enforcement County Attorney Check Enforcement Program County Attorney Criminal Justice Enhancement County Attorney Fill the Gap County Attorney Victim Compensation and Assistance County Attorney Victim Compensation and Restitution Environmental Services Environmental Health Environmental Services Grant General Government Grants Juror Improvement Juvenile Probation Diversion Fees Legal Defender Fill the Gap Library Grants Public Defender Fill the Gap Superior Court Fill the Gap Transportation Grants Capital Projects Funds Flood Control Capital Projects General Fund County Improvement Transportation Capital Projects The County also renamed the County Attorney Special Fund as the County Attorney Drug Diversion Fund (special revenue fund) and the Planning Grants Fund as the Planning Project Fees Fund (special revenue fund). Both are nonmajor governmental funds. NOTE 3 – BEGINNING BALANCES RESTATED During fiscal year 2003, County management considered certain significant factors, not previously considered, when estimating indigent health care litigation claims. In addition, County management determined that certain costs previously reported in its environmental liability should be expensed as they occur, and such liability should only reflect actual environmental noncompliance to date. See Note 16 for additional information. As a result, the County restated beginning net assets of Governmental Activities as follows: Net assets reported as of June 30, 2002 Change in indigent health care litigation Change in environmental liability Net assets as of July 1, 2002, as restated $ $ 1,804,093,253 51,750,486 61,936,400 1,917,780,139 The July 1, 2002, business-type activities capital assets were restated for the Medical Center, Maricopa Health Plan, and the ALTCS Funds and the Non-AHCCCS Health Plans Fund (nonmajor enterprise fund) as the Funds changed their capitalization threshold for capital assets from $1,000 to $5,000 or more, to be consistent with the County’s capitalization threshold. This restatement affected the beginning net assets of the government-wide and the fund statements as follows: Net assets reported as of June 30, 2002 Change in capitalization threshold Net assets as of July 1, 2002, as restated Business-type Activities 126,740,890 (2,365,354) 124,375,536 50 Medical Center Fund $ 71,855,090 (2,310,381) $ 69,544,709 $ $ ALTCS Fund 33,316,679 (54,973) 33,261,706 Notes to the Financial Statements (Continued) The restatement did not have any effect on the beginning net assets for the Maricopa Health Plan Fund and the Non-AHCCCS Health Plans Fund as equipment costing less than $5,000 was fully depreciated. NOTE 4 – RECONCILIATION OF GOVERNMENT-WIDE AND FUND FINANCIAL STATEMENTS The Governmental Funds Balance Sheet includes a reconciliation between fund balances – total governmental funds and net assets – Governmental Activities as reported in the government-wide Statement of Net Assets. The details of this reconciliation follows: Fund balances – total governmental funds $ 675,992,361 Capital assets used in governmental activities are not financial resources and therefore, are not reported in the funds. Land Buildings Equipment Infrastructure Construction in progress Accumulated depreciation Net governmental funds capital assets at June 30, 2003 $ 237,197,018 793,261,902 156,588,147 413,157,611 447,058,232 (288,958,693) $ 1,758,304,217 Other assets are not available to pay for current period expenditures and therefore, are deferred in the funds. Deferred revenue for property taxes receivable at June 30, 2003 Deferred revenue for grant revenues receivable at June 30, 2003 Housing long-term note receivable at June 30, 2003 Internal service funds are used by management to charge the costs of equipment services, telecommunications, reprographics, risk management, employee benefits, and the sheriff warehouse to individual funds. The assets and liabilities of the internal service funds are included in governmental activities in the Statement of Net Assets. $ $ 6,389,683 11,010,042 3,000,000 20,399,725 $ (5,814,133) $ (20,165,000) (78,031,179) (57,225,000) (7,888,000) (336,930) (1,692,121) 4,218,130 (8,375,910) (5,808,084) (18,941,242) (16,028,940) (33,620,541) (400,321) (244,295,138) Some long-term liabilities and compensated absences are not due and payable shortly after June 30, 2003, and therefore, are not reported in the funds. Noncurrent general obligation bonds due in more than one year at June 30, 2003 Noncurrent lease revenue bonds due in more than one year at June 30, 2003 Stadium District revenue bonds payable at June 30, 2003 Stadium District contractual obligations payable at June 30, 2003 Special assessment debt with governmental commitment payable at June 30, 2003 Housing bonds and loans payable at June 30, 2003 Deferred issuance cost at June 30, 2003 Bond premium payable at June 30, 2003 Certificates of participation payable at June 30, 2003 Governmental funds capital leases payable at June 30, 2003 Claims and judgements payable at June 30, 2003 Governmental funds compensated absences payable at June 30, 2003 Accrued interest payable at June 30, 2003 $ Net assets of governmental activities $ 2,204,587,032 51 Notes to the Financial Statements (Continued) The governmental fund reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances is a reconciliation between net changes in fund balances – total governmental funds and changes in net assets of governmental activities as reported in the government-wide Statement of Activities. The details of this reconciliation follows: Net change in fund balances – total governmental funds $ 2,512,404 Governmental funds report capital outlays as expenditures. However, in the Statement of Activities the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the current period. Governmental funds capital outlay Government-wide depreciation expense for the year ended June 30, 2003 Add: Internal service funds depreciation expense for the year ended June 30, 2003 $ $ 315,588,133 (34,228,798) 666,681 282,026,016 The net effect of various miscellaneous transactions involving capital assets (i.e., sales, trade-ins, and donations) is to decrease net assets. Net value of disposed capital assets for the year ended June 30, 2003 Adjustment for the net value of assets acquired in prior years Construction in progress deletions or transfers to other municipalities $ $ (6,083,732) 13,326,601 (57,521,602) (50,278,733) Revenues in the Statement of Activities that do not provide current financial resources are not reported as revenues in the funds. Grant revenues earned during the year ended June 30, 2003 Property taxes earned during the year ended June 30, 2003 $ $ 5,720,007 (696,392) 5,023,615 The issuance of long-term debt (e.g., bonds, leases) provides current financial resources to governmental funds, while the repayment of the principal of long-term debt consumes the current financial resources of governmental funds. Neither transaction, however, has any effect on net assets. Also, governmental funds report the effect of issuance costs, premiums, discounts, and similar items when debt is first issued, whereas these amounts are deferred and amortized in the Statement of Activities. This amount is the net effect of these differences in the treatment of long-term debt and related items. Principal payments on bonds Proceeds from capital leases Premium on refunding bonds Principal payments on certificates of participation Principal payments on capital leases Deferred issuance costs $ $ 34,071,393 (4,321,656) 870,538 3,996,231 4,723,980 (413,916) 38,926,570 Some expenses reported in the Statement of Activities do not require the use of current financial resources and therefore, are not reported as expenditures in governmental funds. Increase in employee compensation payable during the year ended June 30, 2003 Increase in reserve for inventories Net decrease in environmental claims liability $ (678,051) (56,315) 3,637,660 2,903,294 Internal service funds are used by management to charge the costs of equipment services, telecommunications, reprographics, risk management, employee benefits, and the sheriff warehouse to individual funds. The net revenue of internal service funds is reported with governmental activities. $ 5,693,727 Change in net assets of governmental activities $ 286,806,893 52 $ Notes to the Financial Statements (Continued) NOTE 5 – STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY At June 30, 2003, the following funds reported deficits in fund balances or net assets. FUND DEFICIT Governmental Funds: Adult Probation Grants Animal Control CDBG Housing Trust Clerk of Court Grants Correctional Health Grants County Attorney Grants Environmental Services Grant Human Services Grants Juvenile Court Grants Library Grants Public Defender Grants Public Health Sheriff Grants Superior Court Grants Transportation Grants Proprietary Funds: Equipment Services Risk Management $ 188,585 579,485 59,488 388,105 97,947 454,008 2,837,851 3,437,761 975,499 27,959 119,573 816,123 615,691 59,472 131,855 $ 803,995 12,564,523 The deficits in fund balances or net assets for Adult Probation Grants, Clerk of Court Grants, Correctional Health Grants, County Attorney Grants, Environmental Services Grant, Human Service Grants, Juvenile Court Grants, Library Grants, Public Defender Grants, Public Health, Sheriff Grants, Superior Court Grants, and Transportation Grants Funds were attributed to the deferring of certain grant revenues. The County accrues grant revenue received within 60 days after year-end, as it is available and measurable. Revenues received after 60 days are considered not available and are therefore deferred. The Risk Management Fund deficit is the result of the County Board of Supervisors electing to not fund the Risk Management Fund’s unpaid claims. Consequently, the Risk Management Fund only billed user departments for operating costs and administrative expenses from fiscal year 1996 to fiscal year 1999, resulting in a fund deficit of $23,321,519 at June 30, 1999. On July 1, 1999, Risk Management began billing user departments for actuarially determined paid claim estimates. The remaining deficits in fund balances or net assets resulted from operations during the year and are expected to be corrected through normal operations in fiscal year 2004. NOTE 6 – DEPOSITS AND INVESTMENTS Arizona Revised Statutes (A.R.S.) authorize the County to invest public monies in the State Treasurer’s investment pool; U.S. Treasury obligations; specified state and local government bonds; and interestearning investments such as savings accounts, certificates of deposit, and repurchase agreements in eligible depositories. Statute requires collateral for demand deposits, certificates of deposit, and repurchase agreements at 101 percent of all deposits not covered by federal depository insurance. County Treasurer’s Investment Pool – Arizona Revised Statutes require community colleges, school districts, and other local governments to deposit certain public monies with the County Treasurer (see Note 7). Those monies are pooled with County monies for investment purposes. 53 Notes to the Financial Statements (Continued) At June 30, 2003, the investment pool had cash on hand of $4,500. The carrying amount of the pool’s total cash in bank was $16,240,027 and the bank balance was $17,562,290. Of the bank balance, $100,000 was covered by federal depository insurance or by collateral held by the County or its agent in the County’s name; and $17,462,290 was covered by collateral held in the bank’s custodial account with the Federal Reserve in the County’s name in the bank’s records. At June 30, 2003, the investments in the County Treasurer’s investment pool consisted of the following: U.S. government securities Reported Amount 2,021,528,715 $ Fair Value 2,021,528,715 $ The investment pool’s investments at June 30, 2003, are categorized below to give an indication of the level of risk assumed by the County at year-end. Category I includes investments that are insured or registered in the County’s name, or for which the securities are held by the County or its agent in the County’s name. Category II includes uninsured and unregistered investments for which the securities are held by the counterparty’s trust department or agent in the County’s name. Category III includes uninsured and unregistered investments for which the securities are held by the counterparty, or by its trust department or agent but not in the County’s name. CATEGORY I U.S. government securities CATEGORY II $ 2,021,528,715 $ CATEGORY III REPORTED AMOUNT $ $ 2,021,528,715 FAIR VALUE $ 2,021,528,715 Other Deposits – At June 30, 2003, the total nonpooled cash on hand was $93,230. The carrying amount of the total nonpooled cash in bank was $19,328,816 and the bank balance was $27,508,716. Of the bank balance, $452,707 was covered by federal depository insurance or by collateral held by the County or its agent in the County’s name; $2,342,871 was covered by collateral held by the pledging financial institution’s trust department or agent in the County’s name; $18,166,056 was covered by collateral held in the bank’s custodial account with the Federal Reserve in the County’s name in the bank’s records; and $6,547,082 was uninsured and uncollateralized. Other Investments - At June 30, 2003, the County’s nonpooled investments consisted of the following: U.S. government securities Mutual funds $ $ Total Reported Amount 75,086,958 7,486,544 82,573,502 $ $ Fair Value 75,086,958 7,486,544 82,573,502 The County’s nonpooled investments at June 30, 2003, are categorized below to give an indication of the level of risk assumed by the County at year-end. CATEGORY I U.S. government securities $ $ 3,815,299 3,815,299 CATEGORY II $ $ Investments not subject to categorization: Mutual funds Total investments 54 CATEGORY III REPORTED AMOUNT FAIR VALUE $ 71,271,659 $ 71,271,659 $ 75,086,958 $ 75,086,958 7,486,544 $ 82,573,502 7,486,544 $ 82,573,502 Notes to the Financial Statements (Continued) The Board of Supervisors authorized $1,432,341 of interest earned in certain other funds to be transferred to the General Fund. A reconciliation of cash and investments to amounts shown on the Statements of Net Assets follows: Cash and investments: Cash on hand Carrying amount of deposits Reported amount of investments County Treasurer’s Investment Pool $ 4,500 16,240,027 2,021,528,715 $ Total $ $ 2,037,773,242 Other 93,230 19,328,816 82,573,502 101,995,548 $ Total 97,730 35,568,843 2,104,102,217 $ 2,139,768,790 Statements of Net Assets: Cash in bank and on hand Cash and investments held by County Treasurer Cash and investments held by trustee Total Primary Government $ 13,361,639 695,285,651 55,822,417 Total Fiduciary Funds $ 28,996,193 1,346,302,890 Total $ 764,469,707 $ 1,375,299,083 $ Total 42,357,832 2,041,588,541 55,822,417 $ 2,139,768,790 NOTE 7 – CONDENSED FINANCIAL STATEMENTS OF COUNTY TREASURER’S INVESTMENT POOL Arizona Revised Statutes require community colleges, school districts, and other local governments to deposit certain public monies with the County Treasurer. The Treasurer has a fiduciary responsibility to administer those and the County monies under his stewardship. The Treasurer invests, on a pool basis, all idle monies not specifically invested for a fund or program. In addition, the Treasurer determines the fair value of those pooled investments monthly and at June 30. The County Treasurer’s investment pool is not registered with the Securities and Exchange Commission as an investment company and there is no regulatory oversight of its operations. The structure of the pool does not provide for shares and the County has not provided or obtained any legally binding guarantees to support the value of the participants’ investments. Details of each major investment classification follows. Investment Type U. S. government securities Principal $ 2,017,172,461 Interest Rates 0.87 – 5.14% Maturities Up to 3 Years Fair Value $ 2,021,528,715 Reported Amount $ 2,021,528,715 A condensed statement of the investment pool’s net assets and changes in net assets follows. Statement of net assets Assets Liabilities Net assets Net assets held in trust for: Internal participants External participants Total net assets held in trust $ 2,043,321,650 $ 2,043,321,650 $ 746,351,215 1,296,970,435 2,043,321,650 $ 55 Notes to the Financial Statements (Continued) Statement of changes in net assets Total additions Total deductions Net increase/(decrease) Net assets held in trust: July 1, 2002 June 30, 2003 $ 17,883,870,375 17,765,248,386 118,621,989 1,924,699,661 2,043,321,650 $ NOTE 8 – RECEIVABLES Receivables as of year-end for the County’s individual major funds and nonmajor funds in the aggregate, including the applicable allowances for uncollectible accounts, are as follows: GOVERNMENTAL FUNDS GENERAL Receivables: Taxes $ 7,367,595 Accrued interest 758,520 Special assessments Total receivables $ 8,126,115 JAIL OPERATIONS $ GENERAL OBLIGATION $ LEASE REVENUE 545,103 $ 116,786 $ COUNTY IMPROVEMENT $ $ 218,875 116,786 $ 545,103 $ OTHER GOVERNMENTAL FUNDS 134,415 218,875 $ 134,415 $ 1,094,681 542,256 344,539 1,981,476 TOTAL $ 9,007,379 1,770,852 344,539 $ 11,122,770 PROPRIETARY FUNDS MEDICAL CENTER Receivables: Accounts Accrued interest Gross receivables Less: allowance for uncollectibles Net total receivables $ $ 133,124,882 133,124,882 (82,357,741) 50,767,141 MARICOPA HEALTH PLAN $ $ OTHER ENTERPRISE FUNDS ALTCS 9,567,508 61,696 9,629,204 $ 9,629,204 $ 8,740,757 156,753 8,897,510 $ 8,897,510 $ INTERNAL SERVICE FUNDS 1,626,708 47,508 1,674,216 $ 1,674,216 $ TOTAL $ 99,692 99,692 99,692 $ 153,059,855 365,649 153,425,504 (82,357,741) 71,067,763 NOTE 9 – DUE FROM OTHER GOVERNMENTAL UNITS Amounts due from other governmental units at June 30, 2003, of $125,860,981, as reported on the Governmental Funds Balance Sheet, include $57,208,916, $10,002,841 and $13,989,062 in state-shared revenues for sales taxes, vehicle license taxes and highway user taxes, respectively; $16,984,936 in jail tax collected by the State but not received by the County; $868,726 in rental car surcharge collected by the State but not received by the County; $17,890,391 in various Federal and State grants; $3,287,397 due from other governments for prisoner detention and police services; and $5,154,398 due from cities and towns for Flood Control District and Transportation Department intergovernmental agreements. The balance of $474,314 is comprised of miscellaneous receivables from Federal, State and local governments. 56 Notes to the Financial Statements (Continued) NOTE 10 – CAPITAL ASSETS Capital asset activity for the year ended June 30, 2003 was as follows: BALANCE JULY 1, 2002 AS RESTATED Governmental activities: Nondepreciable assets: Land Construction in progress Infrastructure Total capital assets not being depreciated $ 177,378,461 365,055,919 357,036,458 899,470,838 INCREASES $ 60,397,759 235,075,071 59,743,791 355,216,621 BALANCE JUNE 30, 2003 DECREASES $ 579,202 153,072,758 3,622,638 157,274,598 $ 237,197,018 447,058,232 413,157,611 1,097,412,861 Depreciable assets: Buildings Machinery and equipment Total 736,205,447 158,398,268 894,603,715 57,398,627 17,361,283 74,759,910 18,523 13,808,598 13,827,121 793,585,551 161,950,953 955,536,504 Less accumulated depreciation for: Buildings Machinery and equipment Total 164,607,609 100,645,553 265,253,162 17,438,900 16,789,898 34,228,798 8,908 6,942,466 6,951,374 182,037,601 110,492,985 292,530,586 629,350,553 40,531,112 6,875,747 663,005,918 164,150,345 $ 1,760,418,779 Total capital assets being depreciated, net Governmental activities capital assets, net $ 1,528,821,391 $ Business-type activities: Nondepreciable assets: Land Construction in progress Total capital assets not being depreciated $ $ Depreciable assets: Buildings Machinery and equipment Total Less accumulated depreciation for: Buildings Machinery and equipment Total Total capital assets being depreciated, net Business-type activities capital assets, net $ 2,909,679 25,650,364 28,560,043 395,747,733 $ 850,630 850,630 19,121,135 19,121,135 2,909,679 7,379,859 10,289,538 86,030,313 86,661,141 172,691,454 19,251,421 6,200,480 25,451,901 138,231 138,231 105,281,734 92,723,390 198,005,124 38,538,531 48,469,721 87,008,252 3,730,605 10,678,126 14,408,731 138,231 138,231 42,269,136 59,009,616 101,278,752 85,683,202 11,043,170 114,243,245 $ $ 11,893,800 $ 96,726,372 $ 19,121,135 $ 107,015,910 The July 1, 2002, business-type activities capital assets balances for buildings, machinery and equipment were restated as the Medical Center Fund, the Maricopa Health Plan Fund, the ALTCS Fund, and the Non-AHCCCS Health Plans Fund (nonmajor enterprise fund) increased their capitalization threshold from $1,000 to $5,000 or more, to be consistent with the County’s capitalization threshold. As a result of this restatement, buildings were decreased by $404,893 and machinery and equipment was decreased by $12,713,183. In addition, accumulated depreciation was decreased by $10,752,722. 57 Notes to the Financial Statements (Continued) Depreciation expense was charged to functions/programs as follows: Government activities: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Internal service funds Total governmental activities depreciation expense Business-type activities: Medical Center Maricopa Health Plan Arizona Long-Term Care System Other Total business-type activities depreciation expense $ $ $ $ 7,398,486 11,163,432 3,312,964 3,823,052 7,747,705 116,478 666,681 34,228,798 13,888,691 7,539 438,635 73,866 14,408,731 NOTE 11 – CONSTRUCTION AND OTHER SIGNIFICANT COMMITMENTS At June 30, 2003, Maricopa County had the following major contractual commitments related to various capital projects. Commitments have been grouped into four major categories: Transportation Construction Projects, Flood Control Construction Projects, Construction and Maintenance of Adult and Juvenile Jail Facilities, and Construction of the Administration Center and various County facilities. Transportation Construction Projects At June 30, 2003, the Maricopa County Transportation Department had contractual commitments of $19,335,857 for construction of various highway projects. Funding for these expenditures will be provided from Highway User Fuel Tax, the primary source of revenue for the Transportation Department. These projects are accounted for in the Transportation Capital Projects Fund (nonmajor governmental fund). Flood Control Construction Projects At June 30, 2003, the Maricopa County Flood Control District had contractual commitments of $14,471,979 for the construction of various flood control projects. Funding for these expenditures will be provided from the Flood Control District’s tax levy of property within Maricopa County, the primary source of revenue for the Flood Control District. These projects are accounted for in the Flood Control Capital Projects Fund (nonmajor governmental fund). Construction and Maintenance of Adult and Juvenile Jail Facilities On November 3, 1998, at the general election, the voters approved a 1/5 of one-cent sales tax to begin January 1, 1999, for the construction and maintenance of adult and juvenile jail facilities. The tax shall continue in effect until $900 million of revenue is collected, but in no event more than nine years. On November 5, 2002, at the general election, the voters approved an extension of the existing jail sales tax of 1/5 of one-cent for jail facilities and programs. The extended tax shall be levied beginning the month following the expiration of the previous tax as approved by the voters in 1998. At June 30, 2003, Maricopa County had contractual commitments of $45,159,470. These projects are accounted for in the Jail Construction Fund. 58 Notes to the Financial Statements (Continued) Construction of Administration Center and various County facilities At June 30, 2003, Maricopa County had contractual commitments of $848,869 related to major capital projects financed by the Lease Revenue Bonds, Series 2001. These projects are accounted for in the County Improvement Fund. The County had additional contractual commitments of $1,769,458 relating to major capital projects accounted for in the Intergovernmental Capital Projects Fund (nonmajor governmental fund), and funded predominantly through transfers from the General Fund. NOTE 12 – LONG-TERM LIABILITIES The following schedule details the County’s long-term liability and obligation activity for the year ended June 30, 2003. BALANCE JULY 1, 2002, AS RESTATED Governmental activities: Bonds, loans, and other payables: General obligation bonds Lease revenue bonds Stadium District revenue bonds Stadium District contractual obligations Special assessment debt with governmental commitment Housing department bonds Housing department loans Certificates of participation payable Capital leases $ Total bonds, loans, and other payables Plus: bond premium 58,370,000 104,355,000 58,225,000 7,888,888 458,977 64,925 1,754,922 9,804,315 19,442,376 260,364,403 REDUCTIONS ADDITIONS $ $ $ 39,515,000 91,558,756 57,225,000 7,888,888 DUE WITHIN ONE YEAR $ 19,350,000 13,527,577 2,000,000 4,761,656 90,404 14,114 113,612 3,996,231 4,789,127 368,573 50,811 1,641,310 5,808,084 19,414,905 59,526 16,937 121,110 4,135,878 5,814,694 4,761,656 41,654,732 223,471,327 45,025,722 870,538 8,375,910 269,610,851 4,761,656 42,525,270 231,847,237 45,025,722 19,666,600 539,020 4,176,680 16,028,940 2,097,600 42,471,463 62,138,063 1,023,212 1,562,232 4,176,680 43,494,675 59,523,615 16,819,635 18,917,235 9,246,448 Total bonds, loans, and other payables 18,855,000 12,796,244 1,000,000 BALANCE JUNE 30, 2003 Other liabilities: Claims and judgments payable Reported and incurred but not reported claims Totals other liabilities Governmental activities long-term liabilities Business-type activities: Bonds and other payables: Lease revenue bonds Certificates of participation Installment purchase agreements Total bonds and other payables $ 331,748,914 $ $ 20,500,000 11,768,519 2,607,815 34,876,334 $ Other liabilities: Liability for closure and postclosure costs Total other liabilities Business-type activities long-term liabilities 6,323,888 8,117,140 8,117,140 $ 42,993,474 $ $ 46,701,950 $ 291,370,852 $ 63,942,957 $ $ 17,986,244 10,940,368 2,350,524 31,277,136 $ 236,142 236,142 2,513,756 828,151 493,433 3,835,340 2,657,423 872,375 534,639 4,064,437 177,207 177,207 105,352 105,352 413,349 $ 3,940,692 8,188,995 8,188,995 $ 39,466,131 119,996 119,996 $ 4,184,433 The July 1, 2002, long-term liabilities for governmental activities were restated for claims and judgments payable resulting from indigent health care litigation and environmental liability. See Note 3 – Beginning Balances Restated and Note 16 – Risk Management for additional clarification. 59 Notes to the Financial Statements (Continued) The July 1, 2002, long-term liabilities for business-type activities were restated as reported and incurred but not reported claims payable, previously reported as a long-term liability, was reclassified to a current liability on the government-wide financial statements. These medical claims are substantially paid within one year from fiscal year end. Bonds, loans, and other payables were as follows at June 30, 2003: General Obligation Bonds General obligation bonds are direct obligations of the government. Prior to issuance, general obligation bonds have a majority vote approval from the residents. Principal and interest are payable from secondary property taxes levied on all taxable property within the County without limitation as to rate or amount. The bonds are generally callable and the interest is payable semiannually. DESCRIPTION 1986 Bond Issue Series D (1993) 1992 Refunding Bond Issue First Series 1992 Second Series 1992 2001 Refunding Bond Issue AMOUNT OF ISSUE $ $ INTEREST RATES MATURITY DATES 25,575,000 4.7% 7-1-03 68,500,000 67,500,000 20,165,000 5.0% 6.25% 4% 7-1-03 7-1-03 7-1-04 181,740,000 OUTSTANDING AT JUNE 30, 2003 $ 1,000,000 250,000 18,100,000 20,165,000 $ 39,515,000 Annual debt service requirements to maturity for general obligation bonds are as follows: GOVERNMENTAL ACTIVITIES General Obligation Bonds Year Ending June 30 2004 2005 Total Principal $ 19,350,000 20,165,000 $ 39,515,000 Interest $ $ 1,401,975 403,300 1,805,275 Legal Debt Margin - County indebtedness pertaining to general obligation bonds may not exceed six percent of the value of the County’s taxable property ascertained by the last assessment. However, with voter approval, the County may become indebted for an amount not to exceed 15 percent of such taxable property. At June 30, 2003, the County’s net general obligation debt was $38,792,654, (0.16% of taxable property), while the 6 percent limit was $1,467,422,837 and the 15 percent limit was $3,668,557,092. Lease Revenue Bonds On June 1, 2001, Maricopa County Public Finance Corporation issued $124,855,000 of Lease Revenue Bonds to pay for the acquisition, construction, and equipment for the Public Service Building, Forensic Science Center, Superior Court Customer Service Center, parking garages, and related projects. Under the terms of the bond indentures, the Corporation received the proceeds to construct and purchase these assets and the County will make lease payments to extinguish the debt. Lease payments will equal the aggregate amount of principal and interest due at that date. Upon the final lease payment, the title to the assets will transfer to the County. The County’s obligation to make lease payments will be subject to and dependent upon annual appropriations being made by the County. 60 Notes to the Financial Statements (Continued) The following Lease Revenue Bonds were outstanding at June 30, 2003: INTEREST RATES AMOUNT OF ISSUE DESCRIPTION 2001 Lease Revenue Bonds $ 124,855,000 OUTSTANDING AT JUNE 30, 2003 MATURITY DATES 3.45 – 5.50% 7-1-03/15 $ 109,545,000 Annual debt service requirements to maturity for lease revenue bonds are as follows: GOVERNMENTAL ACTIVITIES BUSINESS-TYPE ACTIVITIES LEASE REVENUE BONDS YEAR ENDING JUNE 30 PRINCIPAL 2004 $ 13,527,577 2005 TOTAL PRINCIPAL 4,427,689 $ 17,955,266 $ 2,657,423 4,830,979 3,976,498 8,807,477 949,021 781,162 1,730,183 2006 5,069,185 3,738,459 8,807,644 995,815 734,401 1,730,216 2007 5,336,644 3,477,122 8,813,766 1,048,356 683,063 1,731,419 2008 5,633,356 3,221,620 8,854,976 1,106,644 632,871 1,739,515 2009 – 13 32,780,451 11,293,438 44,073,889 6,439,549 2,218,535 8,658,084 2014 – 16 24,380,564 2,038,383 26,418,947 4,789,436 400,430 5,189,866 $ 91,558,756 $ 32,173,209 $ 123,731,965 $17,986,244 $ 6,320,258 $ 24,306,502 Total INTEREST $ INTEREST $ TOTAL 869,796 $ 3,527,219 Stadium District Revenue Bonds Stadium District Revenue Bonds are special obligations of the District. The bonds are payable solely from pledged revenues, consisting of car rental surcharges levied and collected by the Stadium District pursuant to A.R.S. §48-4234. Under the statute, the Stadium District may set the surcharge at $2.50 on each lease or rental of a motor vehicle licensed for hire, for less than one year, and designed to carry fewer than 15 passengers, regardless of whether such vehicle is licensed in the State of Arizona. The Stadium District Board of Directors initially levied a surcharge at a rate of $1.50 beginning in January 1992 and increased the surcharge to $2.50, the maximum amount permitted by statute, in January 1993. The bonds do not constitute a debt or a pledge of the faith or credit of Maricopa County, the State of Arizona, or any other political subdivision. The payment of the bonds is enforceable solely out of the pledged revenues and no owner shall have any right to compel any exercise of taxing power of the District, except for surcharges. The Stadium District had the following revenue bonds outstanding at June 30, 2003: DESCRIPTION Revenue Refunding Bonds, Series 2002 AMOUNT OF ISSUE $ INTEREST RATES MATURITY DATES 2.5 — 5.375% 6-1-04/19 58,225,000 Annual debt service requirements to maturity for Stadium District bonds are as follows: GOVERNMENTAL ACTIVITIES Stadium District Revenue Bonds Year Ending June 30 2004 2005 2006 2007 2008 2009 – 13 2014 – 18 2019 Total Principal $ $ 2,000,000 2,490,000 2,685,000 2,820,000 2,960,000 17,085,000 22,040,000 5,145,000 57,225,000 61 Interest $ $ 2,912,094 2,862,094 2,737,592 2,603,345 2,462,344 10,016,144 5,060,562 276,544 28,930,719 OUTSTANDING AT JUNE 30, 2003 $ 57,225,000 Notes to the Financial Statements (Continued) In prior years, the Stadium District defeased senior bonds by placing the proceeds of new bonds in an irrevocable trust to provide for all future debt service payments on the old bonds. Accordingly, the trust account assets and the liability for the defeased bonds are not included in the County’s financial statements. At June 30, 2003, $19,345,000 of bonds outstanding are considered defeased as summarized below. Refunded in Prior Years Outstanding Principal Issue Series 1993A Senior Bonds Series 1993B Senior Bonds Series 1996 Senior Bonds Total $ 10,190,000 705,000 8,450,000 $ 19,345,000 Call Date July 1, 2003 July 1, 2003 July 1, 2006 Special Assessment Debt With Governmental Commitment Special Assessments Bonds are payable from assessments collected from property owners benefited by the respective improvements. The proceeds were used to finance construction in these districts. While there is no legal obligation for the County to further secure the special assessment bonds of the districts below, the County has made a moral commitment to take steps necessary to prevent default. Special Assessment Bonds currently outstanding for governmental activities are as follows: DESCRIPTION Fairview Lane Grand View Manor East Fairview Lane Queen Creek Water White Fence Farms 104th Place/University Central Avenue Billings Street Marquerite Drive AMOUNT OF ISSUE $ 59,379 274,888 60,657 301,960 185,810 83,236 301,905 14,004 60,670 $ INTEREST RATES 9.000% 9.000% 9.000% 4.875% 9.000% 9.000% 9.000% 9.000% 9.000% MATURITY DATES 1-1-04/06 1-1-04/05 1-1-04/07 7-1-03/17 1-1-04/07 1-1-04/07 1-1-04/09 1-1-04/08 7-1-03/11 1,342,509 $ $ OUTSTANDING AT JUNE 30, 2003 6,843 36,747 15,399 85,500 43,299 22,410 103,545 3,439 51,391 368,573 Annual debt service requirements to maturity for special assessment debt with governmental commitment are as follows: GOVERNMENTAL ACTIVITIES Special Assessment Year Ending June 30 2004 2005 2006 2007 2008 2009 - 13 2014 - 18 Total Principal $ $ 59,526 64,891 63,360 63,368 19,678 70,394 27,356 368,573 62 Interest $ $ 29,238 24,248 18,634 13,302 7,680 16,060 3,334 112,496 Notes to the Financial Statements (Continued) Housing Department Bonds Housing Department Bonds, payable from Federal government subsidies, are due annually in varying principal and interest amounts. AMOUNT OF ISSUE DESCRIPTION AZ 9-6 $ INTEREST RATE MATURITY DATES 3.875% 11-1-03/05 369,787 OUTSTANDING AT JUNE 30, 2003 $ 50,811 Annual debt service requirements to maturity for housing department bonds are as follows: GOVERNMENTAL ACTIVITIES Housing Department Bonds Year Ending June 30 Principal 2004 2005 2006 Total $ $ 16,937 16,937 16,937 50,811 Interest $ 1,641 985 328 2,954 $ Housing Department Loans Housing Department loans payable at June 30, 2003, consisted of the outstanding notes below. The Department sold notes to the Federal Financing Bank. These notes will be repaid through Federal government subsidies. DESCRIPTION AZ 9-9 AMOUNT OF NOTE $ 3,112,494 INTEREST RATE MATURITY DATES OUTSTANDING AT JUNE 30, 2003 6.60% 11-1-03/12 $ 1,641,310 Annual debt service requirements to maturity for housing department loans are as follows: GOVERNMENTAL ACTIVITIES Housing Department Loans YEAR ENDING JUNE 30 PRINCIPAL INTEREST 2004 2005 2006 2007 2008 2009 – 13 $ 121,110 128,829 137,606 146,688 156,370 950,707 $ 106,326 100,608 91,831 82,749 73,067 196,475 TOTAL $ 1,641,310 $ 651,056 Certificates of Participation Certificates of Participation represent proportionate interests in semiannual lease payments. The County’s obligation to make lease payments is subject to annual appropriations being made by the County for that purpose. 63 Notes to the Financial Statements (Continued) On November 1, 2000, Maricopa County Public Finance Corporation issued $6,975,000 of Certificates of Participation to pay for the acquisition of and improvements to the Desert Vista Hospital and medical office facilities. On February 1, 2000, Maricopa County Public Finance Corporation issued $5,300,000 of Certificates of Participation to pay for the cost of construction for the Avondale Family Health Center. On August 1, 1996, Maricopa County Public Finance Corporation issued $2,500,000 of Certificates of Participation to pay for the cost of a building for the Maricopa County Regional School District 509. On August 1, 1994, Maricopa County Public Finance Corporation issued $30,000,000 of Certificates of Participation to assist in the acquisition of the County’s Southeast Juvenile Court and Detention Center and its adult detention facility known as the Estrella Jail Complex. On August 1, 1993, Maricopa County issued $3,850,000 of Certificates of Participation to assist in the acquisition, construction and equipping of the County’s West Mesa Justice Court and Northwest Regional Probation Center facilities. Additionally, the proceeds were used for an advance refunding of the Certificates of Participation Series 1989 and to prepay land purchase agreements the County had previously executed with the State of Arizona. The following Certificates of Participation were outstanding at June 30, 2003: DESCRIPTION AMOUNT OF ISSUE 2000 Certificates of Participation 2000 Certificates of Participation 1996 Certificates of Participation 1994 Certificates of Participation 1993 Certificates of Participation $ $ 6,975,000 5,300,000 2,500,000 30,000,000 3,850,000 48,625,000 INTEREST RATES MATURITY DATES 4.65 - 5.50% 5.75 - 6.00% 5.90 - 6.25% 6.00% 5.00 - 5.25% 7-1-03/15 7-1-03/10 6-1-04/11 5-25-04 6-01-04/08 OUTSTANDING AT JUNE 30, 2003 $ $ 6,210,000 4,567,000 1,576,452 3,815,000 580,000 16,748,452 Annual debt service requirements to maturity for certificates of participation are as follows: YEAR ENDING JUNE 30 2004 2005 2006 2007 2008 2009 – 13 2014 – 16 TOTAL GOVERNMENTAL ACTIVITIES PRINCIPAL INTEREST $ 4,135,878 $ 346,381 226,117 100,004 239,743 86,952 254,056 73,025 272,698 58,172 679,592 86,206 $ 5,808,084 $ 750,740 BUSINESS-TYPE ACTIVITIES PRINCIPAL INTEREST $ 872,375 $ 570,518 878,534 523,171 927,942 474,847 975,350 423,441 1,030,167 368,931 4,426,000 1,001,885 1,830,000 153,335 $ 10,940,368 $ 3,516,128 The following capital assets are currently associated with the Certificates of Participation: Land Juvenile Court Justice Court/Probation Center Buildings Avondale Family Health Center Desert Vista Buildings Pappas School Building GOVERNMENTAL ACTIVITIES $ 30,000,000 2,765,570 BUSINESS-TYPE ACTIVITIES $ 1,084,430 5,300,000 6,975,000 $ 64 2,500,000 35,265,570 $ 13,359,430 Notes to the Financial Statements (Continued) Capital Leases The County has entered into various lease-purchase agreements, which are noncancellable, for the acquisitions of the following equipment: GOVERNMENTAL ACTIVITIES Audio/Visual Systems Building Improvements Computer Systems and Equipment Communications Equipment Library Bookmobile Medical Equipment Printing Equipment Radio System Sheriff’s Helicopters Telephone Systems $ Total Capital Assets Accumulated Depreciation 56,502 7,607,587 5,307,684 369,473 207,720 403,978 125,290 9,458,005 2,040,000 294,092 25,870,331 (8,364,792) Net Value of Leased Capital Assets $ 17,505,539 These lease-purchase agreements require the County to pay all maintenance costs. At the time of the final principal and interest payments, title to the leased equipment transfers to the County. These leases are contingent on budgetary appropriations each fiscal year. The assets are capitalized at total principal cost. The following schedule details debt service requirements to maturity for the County’s capital leases payable at June 30, 2003. YEAR ENDING JUNE 30 2004 2005 2006 2007 2008 2009 - 12 GOVERNMENTAL ACTIVITIES $ Total minimum lease payments 6,518,200 6,012,142 3,872,617 1,126,952 1,056,727 2,964,438 21,551,076 Amount representing interest (2,136,171) Present value of net minimum lease payments $ 19,414,905 Installment Purchase Contracts Payable The County has entered into installment purchase contracts payable for the acquisition of medical equipment used in the Medical Center Fund (business-type activities), at a total purchase price of $3,514,605. Medical Equipment Total Capital Assets Accumulated Depreciation Net Value of Installment Purchase Capital Assets 65 BUSINESS-TYPE ACTIVITIES $ 3,514,605 3,514,605 (1,483,770) $ 2,030,835 Notes to the Financial Statements (Continued) The following schedule details debt service requirements to maturity for the County’s installment purchase contracts payable at June 30, 2003. YEAR ENDING JUNE 30 2004 2005 2006 2007 2008 Total minimum payments Amount representing interest Present value of net minimum payments BUSINESS-TYPE ACTIVITIES $ 600,641 638,026 575,986 555,306 241,739 2,611,698 (261,174) $ 2,350,524 Funding Source for Governmental Activities Liabilities Governmental Funds Liabilities Funding Source General obligation bonds Lease revenue bonds Stadium District revenue bonds Stadium District contractual obligations Special assessment debt with governmental commitment Housing Department bonds Housing Department loans Certificates of participation payable Capital leases General Obligation Fund Lease Revenue Fund Stadium District Fund (nonmajor debt service fund) Bank One Ballpark Operations Fund (nonmajor special revenue fund) Special Assessment Fund (nonmajor debt service fund) Housing Department Fund (nonmajor special revenue fund) Housing Department Fund (nonmajor special revenue fund) General Fund General Fund (97%), nonmajor special revenue funds (2%), internal service funds (1%) General Fund Risk Management Fund and Employee Benefits Fund (internal service funds) Claims and judgments payable Reported and incurred but not reported claims Conduit Debt Obligations Maricopa County issues revenue bonds on behalf of private sector entities to provide financial assistance for projects deemed to be of public interest. Neither the principal, accrued interest or premium, if any, shall ever constitute an indebtedness of the County or State of Arizona or any political subdivision, nor shall it be a liability or a charge against the general credit or taxing powers. Accordingly, the bonds are not reported as liabilities in the accompanying financial statements. As of June 30, 2003, there were three revenue bond issues outstanding, with an aggregate principal amount payable of $119,695,000. Arbitrage Compliance The County is in compliance with all Federal arbitrage regulations for tax-exempt debt securities. As of June 30, 2003, the County had no arbitrage liability. NOTE 13 – MUNICIPAL LANDFILL CLOSURE AND POSTCLOSURE CARE COSTS The County has five landfills and three transfer stations. State and federal laws and regulations require the County to place a final cover on four of its landfill sites when it stops accepting waste and to perform certain maintenance and monitoring functions at the sites for 30 years after closure. Although one landfill and the transfer stations are exempt from these regulations, the County is performing postclosure monitoring of the sites and has included these estimated costs in the liability. 66 Notes to the Financial Statements (Continued) Although closure and postclosure care costs will not be paid until near or after the date that the landfills stop accepting waste, the County reports a portion of these closure and postclosure care costs in each operating period even though actual payouts will not occur until the landfills are closed. These costs will be paid from the Solid Waste Fund (nonmajor enterprise fund). The amount recognized each year is based on landfill capacity used at the end of each fiscal year. The $8,188,995 reported as landfill closure and postclosure care liability at June 30, 2003, represents the cumulative amount reported to date based on the use of 99.3 percent of the estimated capacity of the landfills. The County will recognize the remaining estimated cost of the closure and postclosure care of $354,415 as the remaining estimated capacity is filled. These amounts are based on what it would cost to perform all closure and postclosure care in fiscal year 2003; the actual cost may be higher due to inflation, changes in technology, or changes in regulations. The County currently has only one landfill that is still accepting waste and expects to close this landfill in fiscal year 2007. According to state and federal laws and regulations, the County must comply with the local government financial test requirements that assure the County can meet the costs of landfill closure, postclosure, and corrective action when needed. The County is in compliance with these requirements. NOTE 14 – MUNICIPAL REVOLVING LINE OF CREDIT AND IRREVOCABLE STANDBY LETTER OF CREDIT On July 1, 2001, the County entered into a $35,000,000 municipal revolving line of credit with an interest rate of 65% of the bank’s prime rate and a maturity date of June 30, 2004. Outstanding principal and interest is due on June 30 of each year. During fiscal year 2003, the County had not borrowed against the line of credit. On August 2, 2002, the County entered into a $8,334,722 irrevocable standby letter of credit issued to the Industrial Commission of Arizona for unfunded workers’ compensation claims. The irrevocable standby letter of credit matured on July 1, 2003. The letter of credit was reserved against the municipal revolving line of credit. During fiscal year 2003, the letter of credit had not been drawn upon. The irrevocable standby letter of credit was renewed to July 1, 2004, for $9,058,610. NOTE 15 – OPERATING LEASES Operating Leases – The County’s operating leases are for office equipment, land, and buildings. Rental expenses under the terms of these operating leases for governmental activities were $16,016,084 for the year ended June 30, 2003. These operating leases have remaining lease terms from one to eight years. Also, they provide renewal options and are contingent on budgetary appropriations each fiscal year. The future minimum rental payments required under these operating leases as of June 30, 2003, are as follows: GOVERNMENTAL ACTIVITIES YEAR ENDED JUNE 30 2004 2005 2006 2007 2008 2009 - 11 Total minimum payments required 67 $ 11,331,301 7,408,073 5,171,866 4,410,586 2,768,562 2,279,930 $ 33,370,318 Notes to the Financial Statements (Continued) NOTE 16 – RISK MANAGEMENT Self-Insurance The Risk Management Fund (internal service fund) accounts for the financing of the insured risk of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees and natural disasters. The County carries commercial insurance for general and automobile liability in excess of $5,000,000 per occurrence, medical malpractice liability in excess of $5,000,000 per occurrence, and workers’ compensation benefits in excess of $1,000,000 per occurrence. Settled claims have not exceeded this commercial coverage since the inception of these insurance policies. Liabilities for unpaid claims are estimates determined by an independent actuary using the following actuarial methods: incurred loss development, paid loss development, frequency/severity, incremental paid workers’ compensation, paid allocated loss adjustment expense to paid loss development, and tail liability for medical malpractice. Accrued actuarial liabilities are based on a discounted 55 percent confidence level assuming a 2.59 percent annual rate of return on future investment income. Accrued actuarial liabilities at June 30, 2003, for each insurable area follow: General liability Automobile liability Malpractice Workers’ compensation Property reserve Auto physical damage reserve Total $ $ 19,694,641 473,042 10,470,589 9,989,379 309,181 110,939 41,047,771 Changes in the unpaid claims liability reported in the Risk Management Fund follow: BALANCE JULY 1 YEAR 2000-01 2001-02 2002-03 $ 43,030,624 40,569,044 41,677,379 CURRENT-YEAR CLAIMS AND CHANGES IN ESTIMATE $ 6,181,957 8,410,852 5,907,531 CLAIM PAYMENTS BALANCE JUNE 30 $ (8,643,537) (7,302,517) (6,537,139) $ 40,569,044 41,677,379 41,047,771 The Employee Benefits Trust Fund (internal service fund) accounts for the financing of the insured risk of loss for certain health benefits (pharmacy, dental, short-term disability, hospital co-pay reimbursement, and medical incentive) to eligible employees and their dependents. The liability for pharmacy, dental, short-term disability, and hospital co-pay reimbursement claims is based on fiscal year 2003 actuarial reports. The liability for medical incentive is based on the contract with Cigna Health Care (CIGNA). Beginning in fiscal year 2003, hospital co-pay reimbursement and medical incentive are included in the estimated IBNR rather than being expensed when paid. Effective January 1, 2003, all employee pharmacy benefits for CIGNA enrollees are now self-insured by the County. Accrued actuarial liabilities at June 30, 2003, for each insurable area follow: Pharmacy Dental Short-term disability Hospital co-pay reimbursement Medical incentive Total $ $ 68 807,776 444,429 428,518 16,181 750,000 2,446,904 Notes to the Financial Statements (Continued) Changes in the unpaid claims liabilities reported in the Employee Benefits Trust Fund follow: YEAR 2000-01 2001-02 2002-03 BALANCE JULY 1 $ 169,167 139,887 794,084 CURRENT-YEAR CLAIMS AND CHANGES IN ESTIMATE $ 924,104 5,842,675 13,182,511 CLAIM PAYMENTS $ (953,384) (5,188,478) (11,529,691) BALANCE JUNE 30 $ 139,887 794,084 2,446,904 Other Claims The County has exposure to the following claims areas carrying no commercial insurance: Indigent Health Care Litigation - At June 30, 2003, there were 81,852 claims pending against the County representing full-billed charges of approximately $316 million for indigent health care. This amount is subject to a statutory discount that averages more than 50%. It is not practical to determine the anticipated outcome of the litigation and to estimate the potential losses due to the fact that the Court has not yet provided a ruling to clarify statutory provisions that would provide the parties with the ability to adjudicate the claims. In addition, less than ten per cent of the claims have actually been reviewed for legitimacy due to the large number of claims filed and the refusal of the hospital plaintiffs to provide requested support. Therefore, no accrual for potential liability can be reasonably determined. In prior years, the County accrued indigent claims health care liabilities without considering changes in State law and plaintiff-billing practices both of which should have been considered when estimating the prior year accrued liability. As the County had not considered these significant factors when estimating the accrual for these losses in prior years, the beginning net assets for governmental activities on the governmentwide financial statements has been restated to correct the previously reported accrued liabilities for indigent health care. See Note 3 for the effects of this restatement. Environmental Liability - The County has estimated and reported an environmental liability of $16,028,940 in the government-wide financial statements for governmental activities (in claims and judgments payable). Management reports litigation, claims, and estimated remedial costs for asserted claims including environmental liabilities, discovered from the ongoing assessment of County land and facilities, which may include aquifer protection, storm water discharge, asbestos, lead paint, indoor air quality, monitoring of underground storage tanks, and the cleanup and monitoring of landfills. Current environmental liabilities pertain to the cleanup and monitoring of leaking underground storage tanks, asbestos, lead paint, microbial abatements, and landfill costs not accounted for in the Solid Waste Fund (nonmajor enterprise fund). There is a potential incremental liability of $27,621,060, which is contingent upon the extent to which additional environmental contamination is found pertaining to asbestos, microbial abatement, and landfill costs. Additional liabilities pertaining to landfill cleanup are reported in the Solid Waste Fund (nonmajor enterprise fund) as closure and postclosure costs. Beginning in fiscal year 2003, the County reassessed the classification of expenses to be included as environmental liability versus operating expenses. County management determined that certain costs previously reported in the environmental liability should be reported as operating expenses when incurred. These expenses, consisting of the costs of controlling regulatory compliance, controlling dust emissions from County properties, and the clean-up of illegal dumping on County properties, represent expenses incurred on an ongoing basis and should therefore, be considered operational in nature. In addition, in prior years the County included in its environmental liability certain expenses for complying with regulatory requirements over a ten year period rather than including only those expenses pertaining to regulatory noncompliance existing or reasonably believed to exist as of the fiscal year end. Due to these factors, the County’s environmental liability in prior years needed to be adjusted and therefore, the County restated the beginning net assets for governmental activities on the government-wide financial statements. It should be noted that standards and definitions for determining what is and is not an environmental liability are still under development, and that the current liabilities are reflective of the current refinement process. See Note 3 for the effects of this restatement. 69 Notes to the Financial Statements (Continued) The County also has outstanding claims pertaining to eminent domain cases and disputes regarding property taxes levied. At June 30, 2003, there was a possible liability of $6.8 million for these cases. As these are considered possible losses only, no accrual is reported in the government-wide financial statements. Health Plans The County operates four health plans that are accounted for in the Maricopa Health Plan Fund, ALTCS Fund and the Non-AHCCCS Health Plans Fund (nonmajor enterprise fund) to provide health care services to the plans’ enrollees. The liability for medical claims payable of $47,885,262 presented in the Statement of Net Assets for the Proprietary Funds represents the outstanding medical claims for health care services received by the plans’ enrollees. The incurred but not reported portion of this liability was actuarially calculated. NOTE 17 – EMPLOYEE RETIREMENT PLANS Plan Descriptions The County contributes to the four retirement plans described below. Benefits are established by state statute and generally provide retirement, death, long-term disability, survivor, and health insurance premium benefits. The Arizona State Retirement System (ASRS) administers a cost-sharing multiple-employer defined benefit pension plan that covers general employees of the County. The ASRS is governed by the Arizona State Retirement System Board according to the provisions of Arizona Revised Statutes Title 38, Chapter 5, Article 2. The Public Safety Personnel Retirement System (PSPRS) (Sheriff, Investigators, and Park Rangers) is an agent multiple-employer defined benefit pension plan that covers public safety personnel who are regularly assigned hazardous duty as employees of the State of Arizona or one of its political subdivisions. The PSPRS, acting as a common investment and administrative agent, is governed by a five member board, known as The Fund Manager, and the participating local boards according to the provisions of Arizona Revised Statutes Title 38, Chapter 5, Article 4. The Corrections Officer Retirement Plan (CORP) is an agent multiple-employer defined benefit pension plan that covers certain employees of the State of Arizona, Departments of Corrections and Juvenile Corrections, and County employees whose primary duties require direct inmate contact. The CORP is governed by The Fund Manager of PSPRS and the participating local boards according to the provisions of Arizona Revised Statutes Title 38, Chapter 5, Article 6. The Elected Officials Retirement Plan (EORP) is a cost-sharing multiple-employer defined benefit pension plan that covers elected officials and judges of certain state and local governments. The EORP is governed by The Fund Manager of PSPRS according to the provisions of Arizona Revised Statutes Title 38, Chapter 5, Article 3. Financial Reports Each plan issues a publicly available financial report that includes its financial statements and required supplementary information. A report may be obtained by writing or calling the applicable plan. 70 Notes to the Financial Statements (Continued) PSPRS, CORP, EORP 1020 East Missouri Avenue Phoenix, AZ 85014 ASRS 3300 North Central Avenue P.O. Box 33910 Phoenix, AZ 85067-3910 (602) 240-2000 or (800) 621-3778 www.asrs.state.az.us (602) 255-5575 www.psprs.com Funding Policy The Arizona State Legislature establishes and may amend active plan members’ and the County’s contribution rates. Cost-Sharing Plans - For the year ended June 30, 2003, active ASRS members and the County were each required by statute to contribute at the actuarially determined rate of 2.49 percent (2.00 percent retirement and 0.49 percent long-term disability) of the members’ annual covered payroll. The County’s contributions to ASRS for the years ended June 30, 2003, 2002, and 2001 were $12,352,160, $11,046,104, and $10,836,327, respectively, which were equal to the required contributions for the year. In addition, active EORP members were required by statute to contribute 7.00 percent of the members’ annual covered payroll. The County was required to remit a designated portion of court docket fees plus additional contributions of -0- percent of the member’s annual covered payroll, as determined by actuarial valuation. The County’s contributions to EORP for the years ended June 30, 2003, 2002, and 2001 were $2,414,989, $2,350,549, and $2,451,845, respectively, which were equal to the required contributions for the year. Agent Plans - For the year ended June 30, 2003, active PSPRS (Maricopa County Sheriff) members were required by statute to contribute 7.65 percent of the members’ annual covered payroll, and the County was required to contribute at the actuarially determined rate of 4.32 percent. Active PSPRS (Maricopa County Attorney Investigators) members were required by statute to contribute 7.65 percent of the members’ annual covered payroll, and the County was required to contribute at the actuarially determined rate of 2.00 percent. Active PSPRS (Maricopa County Park Rangers) members were required by statute to contribute 7.65 percent of the members’ annual covered payroll, and the County was required to contribute at the actuarially determined rate of 13.94 percent. Active CORP members were required by statute to contribute 8.50 percent of the members’ annual covered payroll, and the County was required to contribute at the actuarially determined rate of 2.00 percent. Annual Pension Cost - The County’s pension cost for the two agent plans for the year ended June 30, 2003, and related information follow. (Sheriff) Contribution rates: County Plan members Annual pension cost Contributions made 4.32% 7.65% $ 1,186,189 $ 1,186,189 PSPRS (Investigators) $ $ 2.00% 7.65% 13,666 13,666 CORP (Park Rangers) $ $ 13.94% 7.65% 80,763 80,763 $ $ 2.00% 8.50% 719,772 719,772 The current-year annual required contributions for the PSPRS (Sheriff, Investigators, and Park Rangers) and CORP were determined as part of their June 30, 2001, actuarial valuations using the entry-age actuarial cost method. The actuarial assumptions included (a) 9 percent investment rate of return and (b) projected salary increases ranging from 6.5 percent to 9.5 percent per year. Both (a) and (b) included an inflation component of 5.5 percent. The assumptions did not include cost-of-living adjustments. The actuarial value of assets was determined using techniques that smooth the effects of short-term volatility in the market value of investments over a 4-year period. The unfunded actuarial accrued liability is being amortized as a level percentage of projected payroll on an open basis. The remaining amortization period at June 30, 2001, was 20 years. 71 Notes to the Financial Statements (Continued) Trend Information – Annual pension cost information for the current and two preceding years for each of the agent plans follows. Plan Year Ended June 30, 2003 PSPRS (Sheriff) PSPRS (Investigators) PSPRS (Park Rangers) CORP Plan Year Ended June 30, 2002 PSPRS (Sheriff) PSPRS (Investigators) PSPRS (Park Rangers) CORP Plan Year Ended June 30, 2001 PSPRS (Sheriff) PSPRS (Investigators) PSPRS (Park Rangers) CORP Contributions Required and Contributions Made Annual Pension Percentage of APC Cost (APC) Contributed $ $ $ $ 1,186,189 13,666 80,763 719,772 100.0% 100.0% 100.0% 100.0% $ $ $ $ Contributions Required and Contributions Made Annual Pension Percentage of APC Cost (APC) Contributed $ $ $ $ 1,028,902 28,371 64,913 704,556 100.0% 100.0% 100.0% 100.0% $ 100.0% 100.0% N/A 100.0% 1,285,680 57,762 N/A 259,874 0 0 0 0 Net Pension Obligation $ $ $ $ Contributions Required and Contributions Made Annual Pension Percentage of APC Cost (APC) Contributed $ $ Net Pension Obligation 0 0 0 0 Net Pension Obligation $ $ 0 0 N/A 0 $ NOTE 18 – INTERFUND BALANCES AND ACTIVITY Interfund receivables and payables – interfund balances at June 30, 2003, were as follows: Due To General Fund Medical Center Fund Maricopa Health Plan Fund ALTCS Fund Nonmajor Governmental Funds Internal Service Funds Total Due From General Fund $ Medical Center Fund $ 15,540,587 Due From Nonmajor Governmental Funds $ Nonmajor Enterprise Funds $ Total Due To $ 47,285,472 3,811,475 15,540,587 4,387,621 1,523,038 $ 68,736,718 2,521,958 4,132 $ 19,352,062 $ 4,132 $ 2,521,958 $ 15,540,587 47,285,472 6,333,433 15,540,587 4,391,753 1,523,038 90,614,870 The balance due to the General Fund of $47,285,472 from the Medical Center resulted from a cash deficit that is not expected to be collected in the subsequent year. All remaining balances resulted from cash deficits in individual funds or cash transfers that had not occurred at June 30, 2003. 72 Notes to the Financial Statements (Continued) Interfund transfers – interfund transfers for the year ended June 30, 2003, were as follows: General Fund Transfers Out General Fund Jail Operations Fund Medical Center Fund Maricopa Health Plan Fund ALTCS Fund Nonmajor Governmental Funds Nonmajor Enterprise Funds Total Transfers In $ Jail Operations Fund $ 120,866,924 General Obligation Fund $ Transfers In Jail County Construction Improvement Fund Fund $ $ Medical Center Fund Nonmajor Governmental Funds $ 32,228,787 $ 36,955,156 Nonmajor Enterprise Funds $ 686,463 98,138,712 759,693 3,811,475 2,521,958 15,540,587 116,472 $ 15,657,059 $ 120,866,924 533,481 83,302 $ 1,376,476 224,916 $ 98,138,712 $ 224,916 112,810,435 $ 36,040,262 $ 149,765,591 $ 3,208,421 Total Transfers Out $ 190,737,330 98,138,712 759,693 6,333,433 15,540,587 113,685,304 83,302 $ 425,278,361 Transfers out of capital assets: Internal Service Fund transfer to general capital assets Total transfers out 919,330 $ 426,197,691 In the fund financial statements, total transfers in of $425,278,361 are less than total transfers out of $426,197,691 because of the treatment of transfers of capital assets from the internal service funds. During the year, existing capital assets with a book value of $919,330 were transferred from the internal service funds to County-wide capital assets. The internal service funds reported a transfer out for the net carrying value of the assets, however; there was no offsetting transfers in reported as internal service funds capital assets are combined with County-wide capital assets on the government-wide financial statements. All interfund transfers are budgeted and are used to move revenues from the fund that collects them to the fund that expends them. In fiscal year 2003, the ALTCS Fund transferred fund balance in excess of reserve requirements to the General Fund for a total amount of $15,540,587. The General Fund transferred the amount to the Medical Center Fund. In addition, the Maricopa Health Plan Fund transferred fund balance in excess of reserve requirements in the amount of $6,333,433 to the Medical Center Fund for $3,811,475 and to NonAHCCCS Health Plans Fund (nonmajor enterprise fund) for $2,521,958. The interfund receivables, payables, and transfers by fund are as follows: DUE FROM OTHER FUNDS FUNDS MAJOR FUNDS General Fund $ 68,736,718 DUE TO OTHER FUNDS $ 15,540,587 Special Revenue Fund Jail Operations Fund $ 15,657,059 120,866,924 Debt Service Fund General Obligation Fund TRANSFERS OUT $ 190,737,330 98,138,712 1,376,476 Capital Projects Funds Jail Construction Fund County Improvement Fund Enterprise Funds Medical Center Fund Maricopa Health Plan Fund ALTCS Fund TRANSFERS IN 98,138,712 224,916 19,352,062 NONMAJOR FUNDS Special Revenue Funds Adult Probation Grants Animal Control Animal Control Donations Animal Control Field Services 47,285,472 6,333,433 15,540,587 36,040,262 251,704 197,000 1,271,216 73 759,693 6,333,433 15,540,587 21,522 1,274,063 197,000 1,842 Notes to the Financial Statements (Continued) DUE FROM OTHER FUNDS FUNDS NONMAJOR FUNDS (Continued) Bank One Ballpark Operations CDBG Housing Trust Clerk of Courts Grants Correctional Health Grants County Attorney Grants Environmental Services Environmental Services Environmental Health Environmental Services Grant Flood Control General Government Grants Human Services Grants Juvenile Court Grants Library Parks Enhancement Parks Lake Pleasant Parks Souvenir Planning and Development Public Defender Grants Public Defender Training Public Health Public Health Pharmacy Research and Reporting Sheriff Grants Stadium District Transportation Transportation Grants Waste Tire Program DUE TO OTHER FUNDS TRANSFERS OUT 4,132 1,813,912 222,684 60,977 28,353 729,037 1,251,419 1,251,419 1,444,528 40,772,770 18,044,306 815,569 89,792 3,333 2,147 21,142 98,019 21,142 33,407 111,185 51,422 125,370 53,594 845 478 467,804 2,693 48,430,786 182,981 116,608 Capital Projects Funds Bank One Ballpark Project Reserve Bond Funds Flood Control Capital Projects General Fund County Improvement Intergovernmental Capital Projects Major League Stadium Transportation Capital Projects 1,813,912 21,377 40,772,770 36,250,000 21,143,144 224,916 1,439 48,153,021 Enterprise Funds Non-AHCCCS Health Plans Solid Waste Internal Service Funds Equipment Services Sheriff Warehouse Telecommunications Total TRANSFERS IN 2,521,958 3,208,421 83,302 846,881 676,157 $ 90,614,870 $ 90,614,870 Transfers to general capital assets Total 919,330 426,197,691 425,278,361 $ 919,330 426,197,691 $ 426,197,691 NOTE 19 – DISPROPORTIONATE SHARE SETTLEMENT Section 1923 of the Social Security Act establishes federal requirements designed to aid entities that provide medical services to a disproportionate share of medically indigent patients. These requirements were met for the year ended June 30, 2003, through disproportionate share settlements established by Laws 2003, First Special Session, Chapter 1. State of Arizona AHCCCS was directed to distribute such settlements based on various qualifying criteria and allocation processes. Laws 2003 appropriated disproportionate share settlement amounts to be distributed to the hospitals for the year ended June 30, 2003. The Medical Center Fund’s share of the settlement for the year ended June 30, 2003, totaled $79,355,000. However, Laws 2002, Second Regular Session, Chapter 329, also mandated the reimbursement of $74,245,200 through the State Treasurer to the State General Fund. 74 Notes to the Financial Statements (Continued) NOTE 20 – MEDICAL CENTER FUND’S OPERATING REVENUES Operating revenues: Gross patient service revenue $ Deductions from patient service revenues: Contractual and administrative adjustments Cost containment system contractual adjustments Net patient service revenues 600,529,375 (137,135,910) (156,419,243) 306,974,222 Other operating revenues: Charges for services 20,094,148 Other: Miscellaneous Disproportionate share settlement Disproportionate share reimbursements Total other revenues 2,131,952 79,355,000 (74,245,200) 7,241,752 Total other operating revenues 27,335,900 Total operating revenues $ 334,310,122 NOTE 21 – SUBSEQUENT EVENTS Housing Authority of Maricopa County Effective July 1, 2003, the County Board of Supervisors authorized the creation of the Housing Authority of Maricopa County (Authority) to provide efficient and affordable rental housing to low-income households of Maricopa County, pursuant to Arizona Revised Statutes (A.R.S.) §36-1404. As provided by A.R.S., the County delegated to the Authority certain powers, including the power to acquire, own, maintain, and dispose of real estate and to construct, maintain, operate, and manage housing projects. The Authority assumed all obligations to pay any indebtedness secured by real or personal property conveyed to it by the County. The Authority may exercise eminent domain or issue bonds only on and pursuant to specific, formal case-by-case project preapproval from the County Board of Supervisors. A seven-member Board of Commissioners governs the Authority. The County Board of Supervisors appointed six persons of the seven-member Board of Commissioners and approves the additional member. The Authority may be dissolved at any time and at the sole discretion of the County. Upon dissolution, the Authority would transfer all assets less expenses to the County. In fiscal year 2003 and in prior fiscal years, this activity was reported in the Housing Department Fund as a nonmajor governmental special revenue fund and will be reported as a discrete component unit in future years. Special Health Care District Election The Forty-sixth Arizona State Legislature passed House Bill 2530 (First Regular Session, 2003) to allow Maricopa County to ask its voters to decide in a general election whether to create a special health care taxing district to operate the Maricopa Integrated Health System (MIHS), pursuant to A.R.S. §§48-5501, et. seq. 75 Notes to the Financial Statements (Continued) On November 4, 2003, the voters approved proposition 414, establishing the Maricopa County Special Health Care District, which includes the Medical Center Fund, Maricopa Health Plan Fund, ALTCS Fund, and Non-AHCCCS Health Plans Fund (nonmajor enterprise fund). The District will elect an independent governing board and will have the authority to levy taxes. The tax levy (if utilized) was approved for a period of twenty years (A.R.S.’s §48-5563 and §48-5565). As of December 2003, it has not been determined whether the Maricopa County Special Health Care District will be considered part of Maricopa County’s reporting entity in future years. Maricopa County Public Finance Corporation On December 3, 2003, the Maricopa County Public Finance Corporation issued Lease Revenue Refunding Bonds, Series 2003, of $16,880,000 (par value) with an interest rate ranging from 2.5% to 4% and maturing on July 1, 2012. The proceeds were used to advance refund the 2000 certificates of participation principal of $4,103,000, 1996 certificates of participation principal of $1,576,452, 1994 certificates of participation principal of $3,815,000, 1993 certificates of participation principal of $580,000, and several capital leases aggregating $11,104,817. The bonds were issued at a premium of $457,156 and debt service reserve accounts previously established totaling $4,461,354 were used for the advance refunding and to pay cost of issuance expense. 76 Financial Section Required Supplementary Information Required Supplementary Information Maricopa County Required Supplementary Information Budgetary Comparison Schedule General Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: General government Public safety Health, welfare and sanitation Culture and recreation Education Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing uses Net change in fund balances Fund balance – beginning of period Increase in reserve for inventory of supplies Fund balance – ending of period 292,879,296 428,970 444,585,665 18,571,131 10,718,820 14,647,263 781,831,145 $ 292,879,296 428,970 439,249,855 18,607,127 10,753,816 14,647,248 776,566,312 ACTUAL AMOUNTS $ 296,323,891 52,000 440,832,307 25,932,255 11,940,885 11,678,713 786,760,051 VARIANCE WITH FINAL BUDGET POSITIVE (NEGATIVE) $ 3,444,595 (376,970) 1,582,452 7,325,128 1,187,069 (2,968,535) 10,193,739 194,707,134 232,452,351 336,500,003 1,695,404 1,651,193 22,764,763 789,770,848 183,130,831 238,567,608 336,493,690 1,695,872 1,657,475 22,879,907 784,425,383 118,263,356 237,321,515 283,696,973 1,646,491 1,638,798 11,463,562 654,030,695 64,867,475 1,246,093 52,796,717 49,381 18,677 11,416,345 130,394,688 (7,939,703) (7,859,071) 132,729,356 140,588,427 109,627,487 (175,132,587) (65,505,100) 109,627,487 (175,213,219) (65,585,732) 97,768,946 (190,737,330) (92,968,384) (11,858,541) (15,524,111) (27,382,652) (73,444,803) 73,444,803 (73,444,803) 73,444,803 39,760,972 254,122,264 497,374 294,380,610 113,205,775 180,677,461 497,374 294,380,610 $ $ The notes to the budgetary comparison schedules are an integral part of this statement. 79 $ $ Maricopa County Required Supplementary Information Budgetary Comparison Schedule by Department General Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL GENERAL GOVERNMENT County Assessor Board of Supervisors Finance Management and Budget Communications County Manager Elections Materials Management Facilities Management Internal Audit Human Resources Total Compensation Information Technology Recorder Treasurer Call Center General Government Total General Government 1,458,476 10,135,373 1,380,984 26,370,075 1,014,158 3,844,842 1,044,491 5,263,577 1,870,954 3,678,416 1,323,313 139,690,359 217,426,897 PUBLIC SAFETY Adult Probation Emergency Management Clerk of Superior Court County Attorney Justice Courts Constables Juvenile Probation Medical Examiner Indigent Representation Public Fiduciary Superior Court Sheriff Total Public Safety 14,210,964 77,108 21,020,241 42,352,207 15,710,924 1,573,243 11,608,350 3,888,275 41,455,394 1,820,125 41,595,611 37,139,909 232,452,351 14,521,961 77,126 21,080,365 43,157,989 15,696,493 1,573,745 11,305,156 3,889,319 46,811,080 1,820,701 41,578,490 37,185,827 238,698,252 14,521,960 65,897 20,713,642 43,097,112 15,696,493 1,570,539 10,970,269 3,775,256 46,811,080 1,809,172 41,546,681 36,876,330 237,454,431 HEALTH, WELFARE AND SANITATION Human Services Public Health Animal Control Environmental Services Health Care Mandates Total Health, Welfare and Sanitation 1,267,103 6,317,882 304,041 737,332 327,873,645 336,500,003 1,267,193 6,425,301 304,041 737,564 327,793,591 336,527,690 1,267,078 6,295,615 304,041 666,054 275,189,913 283,722,701 71,510 52,603,678 52,804,989 CULTURE AND RECREATION Parks and Recreation 1,740,404 1,740,872 1,688,434 52,438 EDUCATION Superintendent of Schools 1,651,193 1,657,475 1,657,475 $ 14,791,846 1,683,511 2,289,162 1,587,360 789,770,848 $ ACTUAL AMOUNTS 14,797,264 1,683,925 2,289,872 1,587,718 438,027 1,171,229 10,136,345 1,381,452 26,374,227 1,014,428 3,845,994 1,214,924 5,264,729 1,871,625 3,679,388 1,323,907 127,726,040 205,801,094 Total General Fund Expenditures $ VARIANCE WITH FINAL BUDGET POSITIVE (NEGATIVE) $ 784,425,383 The notes to the budgetary comparison schedules are an integral part of this statement. 80 $ $ 14,410,211 1,510,921 2,059,490 1,465,277 331,076 1,050,907 9,946,134 1,327,977 25,487,455 999,416 3,567,934 980,543 5,195,835 1,821,528 3,527,575 1,226,881 54,598,494 129,507,654 654,030,695 $ 387,053 173,004 230,382 122,441 106,951 120,322 190,211 53,475 886,772 15,012 278,060 234,381 68,894 50,097 151,813 97,026 73,127,546 76,293,440 1 11,229 366,723 60,877 3,206 334,887 114,063 11,529 31,809 309,497 1,243,821 115 129,686 $ 130,394,688 Maricopa County Required Supplementary Information Budgetary Comparison Schedule Jail Operations Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Taxes Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning Increase in reserve for inventory of supplies Fund balance – ending $ $ ACTUAL AMOUNTS 116,177,561 22,796 4,900 116,205,257 113,003,053 22,796 4,900 113,030,749 98,932,138 19,129,664 16,228 925,522 119,003,552 146,477,269 16,604,716 163,081,985 144,353,058 16,908,009 161,261,067 131,196,526 4,001,320 135,197,846 13,156,532 12,906,689 26,063,221 (46,876,728) (48,230,318) (16,194,294) 32,036,024 120,866,924 (98,138,712) 22,728,212 122,220,513 (98,138,712) 24,081,801 120,866,924 (98,138,712) 22,728,212 (1,353,589) (24,148,516) 24,545,729 (24,148,517) 24,545,729 6,533,918 27,226,636 91,608 33,852,162 30,682,435 2,680,907 91,608 33,454,950 397,213 $ $ VARIANCE WITH FINAL BUDGET POSITIVE (NEGATIVE) 397,212 The notes to the budgetary comparison schedules are an integral part of this statement. 81 $ $ 98,932,138 (93,873,389) (6,568) 920,622 5,972,803 (1,353,589) $ Maricopa County Required Supplementary Information Note to Budgetary Comparison Schedules June 30, 2003 Note 1 Budgetary Basis of Accounting Budgeting and Budgetary Control Arizona Revised Statutes (A.R.S.) require the County to prepare and adopt a balanced budget annually for each governmental fund. The Board of Supervisors must approve such operating budgets on or before the third Monday in July to allow sufficient time for the legal announcements and hearings required for the adoption of the property tax levy on the third Monday in August. A.R.S. prohibit expenditures or liabilities in excess of the amounts budgeted. Essentially, the County prepares its budget on the same modified accrual basis of accounting used to record actual revenues and expenditures. The County has adopted budgets in accordance with the A.R.S. requirements for the General, Special Revenue, Debt Service, and Capital Projects Funds, except for certain Special Revenue, Debt Service, and Capital Projects Funds. In accordance with GASB Statement No. 34, budgetary comparison schedules should be presented in the required supplementary information for only the General Fund and for each major Special Revenue Fund. Formal budget integration is not employed for the Proprietary Funds because effective budgetary control is alternatively achieved through capability of cost recovery. Budgeted amounts are reported as originally adopted and as amended by authorization from the Board of Supervisors. All budget adjustments with the exception of the Judicial Branch, which includes Adult Probation, Justice Courts, Juvenile Probation and Superior Court, require authorization from the Board of Supervisors. The Judicial Branch appropriations can be moved between the Judicial Branch departments by fund, as requested and approved by the Presiding Judge, without further Board approval. Budgeted appropriations include expenditures and transfers out. Expenditures and transfers out may not legally exceed appropriations at the department level. With the exception of the General Fund, each fund includes only one department. The County budget is prepared on a basis consistent with generally accepted accounting principles, except expenditures from capital lease proceeds and capital outlay expenditures resulting from capital lease agreements were not budgeted in the General Fund. In addition, General Fund indirect cost recoveries and disproportionate share settlement payments were budgeted activities but these activities were eliminated on the Statement of Revenues, Expenditures, and Changes in Fund Balances. The following schedule reconciles the excess of revenues over expenditures from the Statement of Revenues, Expenditures, and Changes in Fund Balances to the budgetary comparison schedules. General Fund Excess of revenues over expenditures from the Statement of Revenues, Expenditures, and Changes in Fund Balances $ Disproportionate share payment - expenditures Indirect cost adjustment – expenditures Capital lease expenditures 208,796,112 (74,245,200) (7,866,687) 6,045,131 Excess of revenues over expenditures from the budgetary comparison schedules 82 $ 132,729,356 Maricopa County Required Supplementary Information Schedule of Agent Retirement Plans’ Funding Progress For the Fiscal Year Ended June 30, 2003 Public Safety Personnel Retirement System Actuarial Valuation Date (1) (2) (3) (4) (5) Actuarial Value of Plan Assets Actuarial Accrued Liability (AAL) Funding (Liability) Excess (1)-(2) Funded Ratio (1)/(2) Annual Covered Payroll (6) Unfunded Liability as a Percentage of Covered Payroll (3)/(5) 20,598,080 35,664,087 32,640,689 113.3% 125.0% 124.7% $ 28,304,058 $ 29,550,564 $ 27,298,124 N/A N/A N/A (6) Unfunded Liability as a Percentage of Covered Payroll (3)/(5) Sheriff 6/30/2002 6/30/2001 6/30/2000 Actuarial Valuation Date $175,902,396 $178,057,321 $164,612,412 $155,304,316 $142,393,234 $131,971,723 $ $ $ (1) (2) (3) (4) (5) Actuarial Value of Plan Assets Actuarial Accrued Liability (AAL) Funding (Liability) Excess (1)-(2) Funded Ratio (1)/(2) Annual Covered Payroll Investigators 6/30/2002 6/30/2001 6/30/2000 Actuarial Valuation Date $ $ $ 5,103,607 5,199,696 4,794,966 $ $ $ 4,731,965 4,085,567 4,160,358 $ $ $ 371,642 1,114,129 634,608 107.9% 127.3% 115.3% $ $ $ 601,575 680,240 814,382 (1) (2) (3) (4) (5) Actuarial Value of Plan Assets Actuarial Accrued Liability (AAL) Funding (Liability) Excess (1)-(2) Funded Ratio (1)/(2) Annual Covered Payroll $ (19,158) $ (1,216,331) N/A 98.8% 25.8% N/A N/A N/A N/A (6) Unfunded Liability as a Percentage of Covered Payroll (3)/(5) Park Rangers 6/30/2002 6/30/2001 6/30/2000 $ $ 1,544,652 422,297 N/A $ $ 1,563,810 1,638,628 N/A $ $ 735,838 798,803 N/A (2.6%) (152.3%) N/A Corrections Officer Retirement Plan (1) (2) (3) (4) (5) Actuarial Valuation Date Actuarial Value of Plan Assets Actuarial Accrued Liability (AAL) Funding (Liability) Excess (1)-(2) Funded Ratio (1)/(2) Annual Covered Payroll (6) Unfunded Liability as a Percentage of Covered Payroll (3)/(5) 6/30/2002 6/30/2001 6/30/2000 $ 104,628,134 $ 104,240,051 $ 98,511,990 122.0% 137.5% 145.1% $ 34,323,904 $ 33,715,028 $ 32,867,396 N/A N/A N/A $ $ $ 85,735,562 75,812,237 67,900,521 $ $ $ 18,892,572 28,427,814 30,611,469 83 Maricopa County Required Supplementary Information Modified Approach for Infrastructure Assets For the Fiscal Year Ended June 30, 2003 Condition Rating of Maricopa County Roadway System Percentage of Lane Miles in Very Good or Excellent Condition (71-100) Roadway System FY 2003 95% FY 2002 95% FY 2001 94% Percentage of Lane Miles in Substandard Condition < 55 Roadway System FY 2003 1% FY 2002 2% FY 2001 1% Comparison of Estimated to Actual Maintenance/Preservation Estimated Actual FY 2003 $ 5,291,592 $ 8,001,001 FY 2002 $7,830,421 $8,325,362 The condition of road pavement is measured using the MCDOT Road Management System (RMS), which is based on weighted averages of nine distress factors of the pavement surface. The RMS system uses a measurement scale to evaluate the Pavement Condition Rating (PCR) ranging from zero for a failed pavement to 100 for a pavement in perfect condition. The PCR index is used to classify roads in very good or excellent condition (71-100) good condition (55 -70), and substandard condition (less than 55). It is the County’s policy to maintain at least 90% of the roadways at a very good or excellent condition level. No more than 5% should be in a substandard condition. Pavement condition assessments are determined annually for all arterial roads and approximately one-half of the local roads are inspected annually. Condition Rating of Maricopa County Bridge System Percentage of Bridges with a Sufficiency Rating >= 70 Bridge System FY 2003 99% FY 2002 97% FY 2001 99% Percentage of Bridges with a Sufficiency Rating < 50 Bridge System FY 2003 0% FY 2002 1% FY 2001 1% Comparison of Estimated to Actual Maintenance/Preservation Estimated Actual FY 2003 $ 216,000 $ 380,813 FY 2002 $ 200,000 $ 610,381 The condition of the County’s bridges is determined using the MCDOT bridge inspection program that follows federal mandates and regulations. The bridge sufficiency rating, which is a weighted average of an assessment of the ability of individual components to meet necessary performance requirements, uses a numerical condition scale ranging from 0 to 100. It is the County’s policy that 90% of bridges will have a rating of >=70 and no more than 3% of bridges will have a rating of <50. All bridges are inspected every two years (approximately one-half of the bridges are inspected annually). The Comparison of Estimated to Actual Maintenance/Preservation cost for both the Roadway System and the Bridge System is available for only fiscal years 2003 and 2002, therefore the five reporting periods of historical data are not shown. 84 Financial Section Other Supplementary Information Other Supplementary Information Maricopa County Other Supplementary Information Budgetary Comparison Schedule General Obligation Fund – Debt Service Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Taxes Miscellaneous Total revenues $ EXPENDITURES Principal Interest Total expenditures 19,924,944 300,000 20,224,944 $ 19,924,944 300,000 20,224,944 ACTUAL AMOUNTS $ 19,708,786 210,517 19,919,303 19,350,000 1,997,350 21,347,350 19,350,000 1,997,350 21,347,350 19,350,000 1,997,350 21,347,350 (1,122,406) (1,122,406) (1,428,047) OTHER FINANCING SOURCES Transfers in Total other financing sources 1,376,476 1,376,476 1,376,476 1,376,476 1,376,476 1,376,476 Net change in fund balances Fund balance – beginning Fund balance – ending 254,070 925,030 1,179,100 254,070 925,030 1,179,100 Deficiency of revenues under expenditures $ 87 $ $ (51,571) 773,917 722,346 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (216,158) (89,483) (305,641) (305,641) $ (305,641) (151,113) (456,754) Maricopa County Other Supplementary Information Budgetary Comparison Schedule Lease Revenue Fund – Debt Service Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Principal Interest Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 6,766,188 6,766,188 $ 6,766,188 6,766,188 ACTUAL AMOUNTS $ 2,657,424 2,657,424 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (4,108,764) (4,108,764) 13,527,577 4,765,878 18,293,455 13,527,577 4,765,878 18,293,455 13,527,577 4,765,878 18,293,455 (11,527,267) (11,527,267) (15,636,031) (4,108,764) (11,527,267) 103,445,811 91,918,544 (11,527,267) 103,445,811 91,918,544 (15,636,031) 110,233,780 94,597,749 (4,108,764) 6,787,969 2,679,205 88 $ $ $ Maricopa County Other Supplementary Information Budgetary Comparison Schedule Jail Construction Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL EXPENDITURES Capital outlay Total expenditures $ Deficiency of revenues under expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending $ 252,006,605 252,006,605 $ 252,006,605 252,006,605 (252,006,605) (252,006,605) 98,138,712 98,138,712 98,138,712 98,138,712 (153,867,893) 59,888,864 (93,979,029) (153,867,893) 59,888,864 (93,979,029) 89 $ ACTUAL AMOUNTS $ 171,303,888 171,303,888 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (171,303,888) 80,702,717 80,702,717 80,702,717 98,138,712 98,138,712 $ (73,165,176) 83,191,803 10,026,627 $ 80,702,717 23,302,939 104,005,656 Maricopa County Other Supplementary Information Budgetary Comparison Schedule County Improvement Fund - Capital Projects Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending 340,000 340,000 $ 340,000 340,000 ACTUAL AMOUNTS $ $ 742,830 742,830 88,867,183 88,867,183 77,729,505 77,729,505 7,528,148 7,528,148 70,201,357 70,201,357 (88,527,183) (77,389,505) (6,445,318) 70,944,187 36,250,000 36,250,000 $ 1,082,830 1,082,830 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) (52,277,183) 52,720,398 443,215 90 224,916 224,916 $ (77,389,505) 52,720,398 (24,669,107) $ (6,220,402) 55,305,751 49,085,349 224,916 224,916 $ 71,169,103 2,585,353 73,754,456 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL ACTUAL AMOUNTS VARIANCE WITH FINAL BUDGET GENERAL GOVERNMENT County Improvement Acquisition of Security Center Building Downtown Property Development/Acquisition Justice Courts Medical Examiner Facility New Administration Bldg. Parking New Administrative Services Bldg. Non Project Public Health Building Star Call Center/R&R Buildout Total County Improvement Intergovernmental Capital Projects Buckeye Hills Shooting Range Elections Facility Environmental Services Bldg Gateway Campus Human Services Campus Northeast Superior Court Expansion Northwest Regional Center (Surprise) Sheriff Property & Evidence Warehouse Sheriff's Training Facility West Regional Center Total Intergovernmental General Fund County Improvement Justice Court Land Acquisition-Lk Pleasant Non-Project Superior Court Expansion Project Total General Fund County Improvement $ $ $ $ 3,600,000 50,000,000 2,500,000 3,328,298 1,881,261 6,128,704 10,000,000 11,428,920 0 88,867,183 $ 1,000,000 3,300,000 2,237,992 0 1,710,804 2,000,000 300,000 5,000,000 3,666,301 2,700,000 21,915,097 $ 0 0 0 0 0 $ $ $ $ $ $ 3,600,000 49,401,815 0 4,446,298 2,125,583 6,128,704 0 11,428,920 598,185 77,729,505 $ 1,000,000 3,300,000 2,237,992 0 1,710,804 2,000,000 300,000 5,000,000 3,666,301 2,700,000 21,915,097 $ 2,500,000 950,000 7,687,678 0 11,137,678 $ $ $ $ 1,011,941 386,034 0 3,203,486 411,136 2,257,564 0 257,987 0 7,528,148 $ 71,610 131,284 38,355 12 955,500 0 0 314,457 2,846,211 1,344,180 5,701,609 $ 35,276 951,315 0 1,814 988,405 $ $ $ 2,588,059 49,015,781 0 1,242,812 1,714,447 3,871,140 0 11,170,933 598,185 70,201,357 928,390 3,168,716 2,199,637 (12) 755,304 2,000,000 300,000 4,685,543 820,090 1,355,820 16,213,488 $ 2,464,724 (1,315) 7,687,678 (1,814) 10,149,273 61,102,852 $ 3,248,693 10,089,472 29,004,134 64,875,817 0 2,765,162 217,758 171,303,888 $ 25,583,773 1,537,019 (429,144) 14,349,363 29,953,342 1,451,202 7,909,084 348,078 80,702,717 CRIMINAL JUSTICE FACILITES 4th Avenue Jail FMD Maintenance Facility Juvenile Mesa Juvenille Durango Lower Buckeye Jail Reserve Sheriff's Training Facility Southeast Courtroom Buildout Total Criminal Justice Facilities $ $ 83,091,017 $ 4,785,712 8,160,328 42,665,497 90,563,969 10,000,000 10,674,246 2,065,836 252,006,605 $ 86,686,625 $ 4,785,712 9,660,328 43,353,497 94,829,159 1,451,202 10,674,246 565,836 252,006,605 $ PUBLIC SAFETY ACDC ADMP Adobe Dam ADMP Aguila ADMP Alma School Drain Arlington Valley Buckeye/Sun Valley ADMP Candidate Assessment Reports $ 5,804,000 3,096,000 455,000 0 55,000 1,180,000 155,000 91 $ 3,580,000 2,809,000 425,000 120,000 40,000 2,140,000 134,000 $ 3,676,329 2,804,149 414,871 0 19,864 585,638 57,356 $ (96,329) 4,851 10,129 120,000 20,136 1,554,362 76,644 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2003 Cave Buttes Dam Central Chandler Area Drainage System Dam Safety Project Durango ADMP East Fork/Cave Creek ADMP East Maricopa Floodway East Mesa ADMP FCD Operations Gilbert/Chandler ADMP Glendale/Peoria ADMP Higley ADMP Maryvale ADMP McMicken Dam Metro ADMP New River Dam Paridise Valley, Scottsdale, Phoenix Project Reserve Queen Creek ADMP Salt River Salt/Gila River Planning Scottsdale Skunk Creek Skunk Creek/New River Sossaman Channel South Phoenix Drainage Improvement SpookHill ADMP Town of Guadalupe Upper Indian Bend Wash ADMS White Tanks ADMP Wittmann ADMP Total Public Safety $ BUDGETED AMOUNTS ORIGINAL FINAL 0 43,000 448,000 750,000 1,677,000 1,689,000 310,000 54,000 0 25,000 1,774,000 2,500,000 8,763,000 4,950,000 204,000 252,000 25,000 25,000 0 40,000 270,000 537,000 7,039,000 13,898,000 0 600,000 180,000 30,000 0 10,000 105,000 105,000 1,072,497 1,932,497 1,965,000 1,686,000 128,000 25,000 0 20,000 0 20,000 55,000 55,000 400,000 466,000 0 65,000 9,145,000 1,018,000 0 2,510,000 2,132,000 2,791,000 0 0 1,135,000 2,095,000 1,135,000 1,065,000 48,707,497 $ 48,504,497 $ ACTUAL AMOUNTS 1,923 539,666 1,604,766 56,665 15,706 3,004,792 4,519,767 275,202 317 11,257 274,931 15,002,944 37,356 11,870 426 8,690 0 157,634 4,497 24,453 2,111 75,962 375,680 78,185 928,596 993,297 2,653,359 60 1,395,871 1,158,580 40,772,770 VARIANCE WITH FINAL BUDGET 41,077 210,334 84,234 (2,665) 9,294 (504,792) 430,233 (23,202) 24,683 28,743 262,069 (1,104,944) 562,644 18,130 9,574 96,310 1,932,497 1,528,366 20,503 (4,453) 17,889 (20,962) 90,320 (13,185) 89,404 1,516,703 137,641 (60) 699,129 (93,580) $ 7,731,727 HIGHWAYS AND STREETS 107th Ave Rose Garden to Jomax 115th Ave: MC 85 to McDowell 116TH AVE BRDGE: @ GILA RIVER 27th Ave: Twin Peaks to New River -2Riggs Rd: I-10 to Price 51st Ave: Broadway to Baseline 51st Ave: GRIC Bdry to Baseline Rd 56th St. @ Carefree Hwy 69007 McDowell Mtn Road 69022 Property Mgmt on prior years' projects 69024 MC 85: 107th Avenue to 91st Avenue 69025 MC 85: 91st Ave to 75th Ave 75th Ave: MC 85 to Van Buren 83rd Ave: Northern to Olive 87th Ave Channel: Deer Valley Dr to Williams Rd 90th St.: McDowell to Quentin (PM10) 99th Ave: McDowell to Glendale Alma School Rd, North Bridge Grade Control Str Alma School Rd: McLellan to McKellips Asphalt-Rubber Overlay; Fall 2002 AzTech Smart Corridors Bartlett Lake Rd; Cave Creek to Horseshoe Baseline Rd: 7th Ave to 43rd Ave $ 1,385,000 0 2,000 195,000 925,000 177,000 180,000 330,000 50,000 130,000 70,000 200,000 210,000 10,000 10,000 0 100,000 5,000 5,000 0 825,000 25,000 20,000 92 $ 1,385,000 0 2,000 475,000 925,000 177,000 180,000 330,000 50,000 130,000 228,000 200,000 320,000 60,000 10,000 300,000 415,000 105,000 355,000 1,340,000 825,000 125,000 1,246,055 $ 219,069 (27,037) 7,177 293,745 52,259 26,922 83,201 230,357 21,451 (6,230) 114,139 137,662 98,414 30,543 (4,539) 209,880 379,539 0 14,322 1,354,710 24,010 151,780 1,195,173 $ 1,165,931 27,037 (5,177) 181,255 872,741 150,078 96,799 99,643 28,549 136,230 113,861 62,338 221,586 29,457 14,539 90,120 35,461 105,000 340,678 (14,710) 800,990 (26,780) 50,882 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2003 Beardsley Road at 99th Ave Bell Road @ RH Johnson Brown Rd: Ellsworth to Crismon Buckeye Rd (Wintersburg/339th Av) Camelback Rd Litchfield to El Mirage Cave Creek Lone Mtn to Carefree Hwy CDBG (CDAC) Assistance Program CDL Training Grounds Chandler Blvd: West of Gilbert Rd Chandler Heights, Road Bridge over the Eastern Canal Chandler Hts Rd @ Sanoki Wash Deer Valley Rd Bridge @ New River Dysart Rd at T-Bird El Mirage: Beardsley to Loop 303 El Mirage: Bell to Beardsley Elliot Rd Val Vista to Greenfield Ellsworth Germann to Baseline Ellsworth: University to McLellan Estrella Interim Loop 303 (II) Estrella Pkwy: Yuma to McDowell Estrella Rdwy and Grade Separation GDACS: Geodetic Densification & Cadastral Surveys Gen Civil Eng Annual On-Call Contract Gila River Indian Community Gilbert Rd: McDowell to Thomas (PH 1) Gilbert Rd: Pecos to Williams Field Gilbert Rd: Warner to Water Tank Gilbert Rd: Williams Field to Ray (IGA w/ Gilbert) Indian Springs Rd:Estrella-123 Jackrabbit Tr: Yuma to Thomas Laveen Area Conveyance Channel Loop 303 Intersection Improvements Loop 303 MC Hwy – Indian School Loop 303: Indian School to Clearview Loop 303: McDowell to 3/4 mi. N. of Thomas Maricopa Rd & 56th St: QC TI - GRIC Bdry MC 85 @ Agua Fria / Bridge Scour MC 85 @ Avondale Wash MC 85: Airport to Jackrabbit Tr MC 85: Cotton Lane to Estrella Pkwy MC 85: El Mirage to 115th Ave MC 85: Estrella Pkwy to Litchfield McDowell Rd: Pima Fwy to Alma School McQueen Rd: Queen Ck to Pecos Meridian Rd: Southern to University Northern Ave 95th Ave to 71st Ave Ocotilla: EOM to Palo Verde Ocotillo Rd: Basha to Arizona Ave Old US 80 @ Hassayampa / Scour Pinnacle Peak Rd: Lake Pleasant to 83rd Ave PM 10 Roads (PH 3) in NE Area PM10 Program Reimbursements PM10 Roads (Ph 2) in NE area (grp 1) PM10 Roads (Ph 2) in NE area (grp 2) PM10 Roads (Ph 2) in NE area (grp 3) PM10 Roads (Ph 2) in NW area (grp 1) PM10 Roads (Ph 2) in NW area (grp 2) BUDGETED AMOUNTS ORIGINAL FINAL 0 175,000 85,000 85,000 50,000 50,000 0 0 200,000 410,000 100,000 100,000 300,000 300,000 0 440,000 30,000 30,000 0 0 170,000 170,000 4,115,000 4,115,000 40,000 40,000 59,000 1,409,000 255,000 1,305,000 0 1,080,000 2,435,000 2,435,000 200,000 200,000 18,218,000 18,218,000 513,000 513,000 0 0 2,177,000 2,177,000 150,000 150,000 0 0 6,165,000 3,415,000 10,000 10,000 25,000 25,000 2,214,000 2,214,000 0 0 420,000 420,000 0 500,000 5,000 139,000 0 0 450,000 450,000 3,290,000 2,210,000 0 454,000 1,740,000 1,740,000 125,000 125,000 105,000 105,000 725,000 725,000 50,000 75,000 70,000 310,000 5,778,000 2,203,000 50,000 745,000 40,000 40,000 4,500 129,500 22,000 22,000 40,000 40,000 6,000 166,000 75,000 75,000 1,499,780 1,499,780 700,000 400,000 910,000 910,000 905,000 905,000 1,213,634 1,213,634 1,346,579 106,579 1,177,806 1,177,806 93 ACTUAL AMOUNTS 6,290 33,452 17,012 12,872 426,909 82,391 300,281 199,392 7,639 3,050 59,514 3,917,384 46,239 1,375,120 1,179,558 1,080,000 1,510,135 21,864 17,599,533 89,576 (54,258) 1,329,251 0 454,000 688,168 (14) 3,324 2,125,370 (765) 145,701 500,000 88,150 (24,028) 218,153 2,065,383 0 50,326 76,819 47,328 109,230 27,857 304,194 81,798 438,652 13,641 81,387 23,100 2,725 49,522 32,667 37,830 62,432 351,193 649,548 63,594 135,632 28,293 VARIANCE WITH FINAL BUDGET 168,710 51,548 32,988 (12,872) (16,909) 17,609 (281) 240,608 22,361 (3,050) 110,486 197,616 (6,239) 33,880 125,442 0 924,865 178,136 618,467 423,424 54,258 847,749 150,000 (454,000) 2,726,832 10,014 21,676 88,630 765 274,299 0 50,850 24,028 231,847 144,617 454,000 1,689,674 48,181 57,672 615,770 47,143 5,806 2,121,202 306,348 26,359 48,113 (1,100) 37,275 116,478 42,333 1,461,950 337,568 558,807 255,452 1,150,040 (29,053) 1,149,513 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2003 PM10 Roads (Ph 2) in SE area PM10 Roads (Ph 2) in SW area PM10 Roads (Ph 3) in NE area PM10 Roads (Ph 3) in SE area PM10 Roads (Ph 3) in SW area PM10 Roads in SE Mesa #1AA PM10 Roads in SE Mesa #1AB PM10 Roads in SE Valley Power Rd Bridge @ Queen Creek Wash Power Rd: Guadalupe to Baseline Power Rd: Williams Field to Ray Preliminary Engineering Contracts (CAR's, PAR's, DCR's) Previous Year's Projects; backcharges Includes consultant fees, utility relocations, R/W, Construction Project Reserve Account Queen Creek Rd Culvert at Eastern Canal Queen Creek Rd: Arizona Ave to McQueen R.O.W. In-fill on Road Inventory System Rittenhouse Road at Power Rd Signal Modernization Special Projects TAB Tuthill Rd @ Gila River/Scour Unallocated Force Account Union Hills Dr at 107th Ave Utility Locating Annual On-Call Contract Val Vista Dr: Ray to Warner Val Vista Dr: Riggs to 1/2 mi south Warner Rd Lindsay to Greenfield Warranted Traffic Improvements tba Williams Field @ Higley Williams Field Rd: Gilbert to Lindsay Total Highways and Streets BUDGETED AMOUNTS ORIGINAL FINAL 904,000 904,000 1,165,000 1,165,000 994,212 994,212 2,017,000 517,000 820,000 339,850 0 0 0 0 0 0 1,510,000 1,735,000 5,000 32,503 150,000 150,000 300,000 300,000 $ 350,000 5,713,232 10,000 5,000 3,292,000 0 550,000 1,000,000 0 1,600,000 0 50,000 0 3,000 0 650,000 60,000 45,000 84,306,743 94 $ 722,497 1,056,177 60,000 5,000 3,552,000 300,000 900,000 500,000 250,000 1,600,000 350,000 50,000 1,240,000 3,000 1,980,150 0 420,000 45,000 84,306,743 $ ACTUAL AMOUNTS 549,284 834,190 86,915 104,336 152,035 (5,444) (14,420) 1,170 1,711,750 25,364 30,717 217,984 VARIANCE WITH FINAL BUDGET 354,716 330,810 907,297 412,664 187,815 5,444 14,420 (1,170) 23,250 7,139 119,283 82,016 615,372 (73,050) 92,976 16,407 4,014,364 31,432 963,290 500,000 4,551 19,618 0 0 1,240,000 0 1,980,150 1,313 389,257 13,262 56,283,784 107,125 1,129,227 (32,976) (11,407) (462,364) 268,568 (63,290) 0 245,449 1,580,382 350,000 50,000 0 3,000 0 (1,313) 30,743 31,738 28,022,959 $ Financial Section Combining and Individual Fund Statements and Schedules Nonmajor Governmental Funds Nonmajor Governmental Funds Maricopa County Listing of Nonmajor Governmental Funds Special Revenue Funds Accomodation Schools — Accounts for the maintenance and operations of the accommodation schools. Adult Probation Grants — Revenues consist of grant funds that are used for domestic violence, women’s treatment programs, gang prevention and criminal justice records improvement. Adult Probation Services — Collects the fees assessed to persons placed on probation in the Superior Court per A.R.S. §13-901. Monies collected are used to supplement County General Fund appropriations for the compensation costs of probation officers who provide pre-sentence investigations (A.R.S. §12-267). Animal Control — Animal Control reduces the incidences of animal inflicted injuries and reduces the risk of exposure to rabies through enforcement of dog licensing laws, leash laws, capture and impoundment of stray dogs, public education, adoption or humane disposal of excess animals. Licenses and fees are the primary funding source. Animal Control Donations — Accounts for donations and contributions activities by citizens or groups. Animal Control Field Services — Accounts for Animal Control Field Services which are an optional County Service from Animal Control Pound Activities which are required by Arizona State Statute. Animal Control Grants — Accounts for the grant funds that are utilized by Animal Control. Bank One Ballpark Operations — Accounts for all revenues and expenditures related to Bank One Ballpark. CDBG Housing Trust — Accounts for the grant funds that are utilized to expand the supply of low income housing through the rehabilitation and reconstruction of single family occupancy homes. Child Support Automation — Accounts for funds that are utilized to improve, maintain and enhance computer hardware, software and automation systems for the collection of court ordered child support. Operations are funded from revenues which consist of 50% of the monies received by the Clerk’s office for child support handling fees, pursuant to A.R.S. §25-413 and A.R.S. §12-284. Child Support Enhancement — Accounts for funds received from a federal incentive award that is utilized for the enhancement of child support collections through efficient operation of the IV-D program. Children’s Issues Education — Accounts for the funds that are utilized for educational programs regarding the impact that divorce, the restructuring of families and judicial involvement have on children pursuant to A.R.S. §25354. Revenues that are received from the Clerk’s educational program fees supplement any state or county appropriations. Clerk of Court EDMS — The Clerk of Court EDMS Fund was established to account for Electronic Document Management System (EDMS) Fees which are collected as authorized by Board Agenda C16020028, ADM1005 and State Attorney General’s Opinion 195-18 (R94-63). Clerk of Court Fill the Gap — This fund was set up as indicated by A.R.S. §41-2421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by the counties for the processing of criminal cases in the superior court, including the office of the clerk of the superior court, and justice courts. Clerk of Court Grants — Accounts for the grant funds that are utilized for the improvement of court automation systems, child support enforcement and the processing of criminal history dispositions. Clerk of Court Spousal Maintenance Enforcement — The Spousal Maintenance Enforcement Fund is established for the Clerk of the Superior Court consisting of monies received pursuant to A.R.S. §12-289. The Clerk will spend monies in the fund to enhance enforcement of spousal maintenance orders. In addition to the fees required by section A.R.S. §12-284, the Clerk shall charge and collect a surcharge of five dollars for each filing of a petition or an answer for annulment, dissolution or marriage or legal separation. The Clerk will use the surcharge only for the purposes prescribed by this statute. 97 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Conciliation Court Special — Accounts for monies collected under A.R.S. §25-311.01 related to the dissolution of marriages. The funds collected are used by the Domestic Violence Shelter fund and the Child Abuse Prevention and Treatment fund. Correctional Health Grants — The Arizona Department of Health Services was awarded a grant by the Department for Health and Human Services, Centers for Disease Control and Prevention, to generate surveillance data for the Center for Disease Control and supplement the syphilis screening activities at the Madison Street Jail. County Attorney Check Enforcement Program — Accounts for fees that are collected pursuant to sections A.R.S. §13-1809 and A.R.S. §13-1810, any investigation and prosecution costs and any monies that are obtained as a result of a forfeiture and that are recovered for the County through enforcement of section A.R.S. §13-1802, A.R.S. §13-1807, A.R.S. §13-2002 or A.R.S. §13-2310, whether by final judgment, settlement or otherwise. The monies in the fund shall be used for the investigation, prosecution and deferred prosecution of theft, forgery and fraud. County Attorney Criminal Justice Enhancement — The Criminal Justice Enhancement Fund accounts for monies that are allocated to county attorneys from the Arizona State Criminal Justice Enhancement Fund (A.R.S. §41-2401). The funds are used for the purposes of enhancing prosecutorial efforts. County Attorney Drug Diversion — Pursuant to A.R.S. §13-1811, funds are utilized for the investigation, prosecution and deferred prosecution of bad check cases. County Attorney Fill the Gap — County Attorney Fill the Gap was set up as indicated by A.R.S. §41-2421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by the counties for the processing of criminal cases by county attorneys. County Attorney Grants — Accounts for funds that are utilized for the investigation and prosecution of child abuse and domestic violence cases and the enhancement of anti-gang enforcement efforts to deter, investigate, prosecute or adjudicate gang offenders. Victim assistance is provided to include transportation, payment of emergency expenses, education programs and training to children’s advocates. County Attorney Victim Compensation and Assistance — Victim Compensation and Assistance Fund was established to administer funding provided from the State Victim Compensation and Assistance fund. (A.R.S. §412407) and from prisoner supervision fees under A.R.S. §31-418. Fund is used for establishing, maintaining and supporting programs that compensate and assist victims of crime. County Attorney Victim Compensation and Restitution — The County Attorney Victim Restitution Fund was established as authorized by A.R.S. §11-538 consisting of monies pursuant to A.R.S. §12-286 (seventy-five per-cent of the interest earned on restitution monies trust). The County Attorney shall use monies in the fund to assist eligible victims of crime with and funeral expenses and lost wages. Compensation and that are distributed that are received in medical, counseling Court Automation — Accounts for the collection and expenditure of a $10 fee collected by Clerk of the Court staff upon a filing of the original complaint and answer in all civil, domestic relations, probate and tax cases pursuant to A.R.S. §11-251.08. The funds are utilized to offset the various expenses incurred in the development, enhancement and on-going operation of the Court’s automated information systems. Document Retrieval — Accounts for the collection of an additional filing or appearance fee, not to exceed five dollars, to be used to defray the cost of converting the Clerk of Superior Court’s document storage and retrieval system to micrographics or computer automation as established by A.R.S. §12-284.01. Domestic Relations Education — Accounts for the funds that are utilized to establish, maintain and enhance programs designed to educate individuals regarding the impacts on children associated with marriage dissolution, legal separation, restructuring of families and the programs available for mediation of visitation or custody disputes, pursuant to A.R.S. §25-413. Operations are funded by revenues from a surcharge received by the Clerk for each filing of a post-adjudication petition in a domestic relation’s case, pursuant to A.R.S. §12-284. Economic Development — Established by the Board of Supervisors to segregate this activity from the General Fund. This fund accounts for a fixed $65,000 fee from Waste Management Corporation plus a percentage based on the tonnages of refuse dumped. Expenditures are used for economic development in Mobile and other unincorporated areas of the County. 98 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Emergency Management — Emergency Management activity consists of disaster planning and training. Environmental Services — Environmental Services works to protect the environment and public health through control, preservation, and improvement of the County’s air quality. Permit revenue is the funding source. Environmental Services Environmental Health — Environmental Services – Environmental Health Fund was established to account for activities related to the protection of food and water supplies consumed by residents. Funding is provided by fees collected from Health Inspections and the sale of Health Permits. Environmental Services Grant — Environmental Services Grants was set up to account for all grant activity administered by the County Environmental Services Department. Expedited Child Support — Accounts for the funds that are utilized to establish, maintain and enhance programs designed to expedite the processing of petitions filed and enforce the resultant court orders. Revenues collected for subsequent case filing fees for post-decree petitions in dissolution cases, pursuant to A.R.S. §25-412 and A.R.S. §12-284, fund operations. Flood Control — Provides flood control facilities and regulates floodplains and drainage to prevent flooding of property and endangering the lives of people in Maricopa County. Operations are funded by a secondary tax levy. General Government Grants — General Government Grants was set up to account for all State Criminal Alien Assistance Program (SCAAP) Grant activity. Housing Department — Provides a decent and safe living environment to families who cannot afford market rate rents, and promotes programs leading to economic development and self-sufficiency. Human Services Grants — Accounts for the grant funds that are utilized for community action services designed to help the disadvantaged achieve self-sufficiency and family stability. Juror Improvement — This fund accounts for donated juror fees and mileage to be used for juror enhanced services such as educational initiatives about the importance of jury service; new and improved programs for summoned and empanelled jurors; research and programs directed at improving the response levels of those summoned for jury service. Justice Court Enhancement — Established for the purpose of defraying expenses of justice court services by providing improvements in court technology, operations and facilities to enable the courts to respond quickly to changing statutory and case processing needs. Operations are funded by an $18 user’s charge to be added to the Defensive Driving School Diversion Fee as of March 1, 1998. Justice Court Grants — Accounts for funds that are utilized to reduce the backlog of existing criminal cases, juvenile crime reduction and to initiate a pilot video conference/personal computer project for 3 courts. Justice Court Judicial Enhancement — Revenues consist of fees and surcharges collected under the authority of A.R.S. §22-281; and time payment fees collected under authority of A.R.S. §12-116; and On-line access subscription fees collected under authority of A.R.S. §22-284. Expenditures are used to improve, maintain and enhance the ability to collect and manage monies assessed or received by the courts and to improve court automation projects. Juvenile Court Grants — Accounts for the grant funds that are utilized for the child nutrition program, family counseling and safe schools program. Juvenile Probation — This fund was established by A.R.S. §12-268 to account for juvenile probation fees collected and used for the purpose of supplementing County General Fund appropriations for the compensation of personnel of the Juvenile Court. Juvenile Probation Diversion Fees — The Juvenile Probation Diversion fund was established by A.R.S. §11-537 and consists of diversion fees that are collected pursuant to section 8-321(N). The monies shall be used at the discretion of the county attorney for administering county community based alternative programs that are established pursuant to section 8-321. 99 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Juvenile Restitution — Pursuant to A.R.S. §8-346, the fund was established for the payment of restitution in juvenile delinquency proceedings. This fund consists of state and local appropriations, gifts, devices and donations from any public or private source. Law Library — Established by A.R.S. §12-305 to account for a portion of the fees collected by the Clerk of Superior Court to be used for the purchase of books for the county law library. Legal Defender Fill the Gap — Legal Defender Fill the Gap was set up as indicated by A.R.S. §41-2421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by counties for the processing of criminal cases by the county public defender, legal defender and contract indigent defense counsel in each county. Library — Provides and maintains library services for the residents of Maricopa County. Operations are funded by a secondary tax levy. Library Grants — Library District Grants was set up to account for all Grant activity administered by the County Library District. Old Courthouse — Accounts for the funds that are utilized for the restoration and preservation of the Old Maricopa County Courthouse. Donations and contributions fund operations. Palo Verde — Palo Verde receives an annual allocation of approximately $200,000 from the State of Arizona. Expenditures are utilized for nuclear disaster training. Parks and Recreation Grants — Accounts for the grant funds that are utilized for state lake improvements, park restoration and the construction and maintenance of hiking trails. Parks Donations — Accounts for donations and contributions activities provided for by citizens or groups. Parks Enhancement — Accounts for park and recreation revenues and expenditures associated with enhancing parks and recreation programs pursuant to A.R.S. §11-941. Parks Lake Pleasant — Provides the public with positive leisure opportunities in a safe, accessible and efficient manner through quality development and programming while conserving and protecting unique and environmentally sensitive areas. Parks Souvenir — Accounts for sales proceeds of sundry items at the Maricopa County Parks. Parks Spur Cross Ranch — To account for the money collected from a Town imposed ½% transaction privilege tax for the operation of the County park. The Town was to commence collection of the tax by December 1, 2000. Planning and Development — Performs mandated community planning functions. Funding is provided mainly through license and impact fees. Planning Project Fees — Accounts for the planning and development fees related to the Del Webb Anthem Development. Probate Programs — Administers the monies received by the Clerk of Court pursuant to A.R.S. §14-5314 and A.R.S. §14-5414 to preserve, audit, and safeguard the estates and wards for whom the court has a fiduciary responsibility. Public Defender Fill the Gap — Public Defender Fill the Gap was set up as indicated by A.R.S. §41-2421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by counties for the processing of criminal cases by the county public defender, legal defender and contract indigent defense counsel in each county. Public Defender Grants — Accounts for grant funds that are utilized for public defender training and to increase the processing of drug cases. 100 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Public Defender Training — Established by A.R.S. §12-117 to account for fees that are paid on a time payment basis as established by A.R.S. §12-116. Expenditures are utilized for Public Defender Training. Public Health — Protects, improves and preserves the physical, mental and social well being and the environment of the entire population of Maricopa County with a special responsibility to serve those most vulnerable. Federal and State grants fund operations. Public Health Pharmacy — Accounts for public health programs that are self-supported by Vital Health fees and pharmacy operations. Recorder’s Surcharge — Accounts for the collection of a special recording surcharge, not to exceed four dollars, to be used to defray the cost of converting the County Recorder’s document storage and retrieval system to micrographics or computer automation as established by A.R.S. §11-475.01. Research and Reporting — Accounts for the activity of governmental research projects that are billed back to the municipalities contracting for these services on a cost reimbursement basis. RICO — Accounts for the funds provided by the sale of confiscated property. Operated by the County Attorney, RICO consists of all the activity of the Anti-Racketeering Program. Sheriff Donations — Accounts for and segregates funds to be used in support of mandated functions. Funding is provided by non-specific donations and proceeds from the sale of donated items. Sheriff Grants — Accounts for grant funds that are utilized for patrolling lakes, improving the fingerprinting system, and enhancing DUI and overall traffic enforcement capabilities. Sheriff Inmate Health Services — Accounts for the copayments received from inmates for self initiated health service pursuant to A.R.S. §31-161 and A.R.S. §31-162. Sheriff Special Funding — Accounts for the funds that are held in trust for the benefit and welfare of the inmates, established under A.R.S. §31-121. The majority of revenues are derived from sales of food and sundries to the inmates. Small Schools Service Program — Accounts for the special education services provided to small schools as established by A.R.S. §15-365. Sports Authority — Provides the citizens of the County with a variety of great sporting experiences, by assisting in the promotion and acquisition of events, teams, and youth programs. Stadium District — Provides regional leadership and financial resources to assure the presence of Major League Baseball in Maricopa County. Operations are funded by a rental vehicle surcharge. Street Lighting — Provides street lighting in unincorporated areas of Maricopa County. Operations are funded by special assessment. Superior Court Fill the Gap — Superior Court Fill the Gap was set up as indicated by A.R.S. §41-2421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by the counties for the processing of criminal cases in the superior court, including the office of the clerk of the superior court, and justice courts. Superior Court Grants — Grant funds are used for drug enforcement accounting, court appointed special advocates and case processing assistance. Superior Court Judicial Enhancement — Revenues consist of fees and surcharges collected under authority of A.R.S. §12-284.03 and time payment fees collected under authoriy of A.R.S. §12-116. In addition, revenues are received from the State Judical Enhancement Fund established by A.R.S. §12-113. Expenditures are used to improve, maintain and enhance the collection and management of funds and court automation projects. Superior Court Special — Accounts for monies received under an intergovernmental agreement with the Department of Economic Security to conduct Title IV-D child support enforcement enhancements. 101 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Taxpayers’ Information — This fund was established by A.R.S. §11-495 to collect public records copying surcharge. The funds are to be spent to upgrade an automated taxpayer information system. Transportation — Plans and implements an environmentally balanced multi-model transportation system. Operations are funded through highway user taxes. Transportation Grants — Transportation Grants was set up to account for all grant activity administered by the County Transportation Department. Unorganized Territory Transportation — Established by A.R.S. §15-1001 to account for transportation aid for the transportation of children from unorganized territory to school districts within the County. Victim Location — Revenues are derived from interest earned on restitution monies received in trust and are to be distributed to the County Attorney and Clerk of the Superior Court on a pro rata basis (County Attorney – 75% and Superior Court – 25%). Fund was established by A.R.S. §12-287. Waste Tire Program — Accounts for the activity for the operation of the waste tire processing center for the removal of waste tires from the County pursuant to A.R.S. §44-1305. Debt Service Funds Special Assessment — To account for debt service on special assessment bonds. Funding is provided by special assessments made against the benefiting property owners. Stadium District — To account for debt service on Stadium District revenue bonds. Capital Projects Funds Bank One Ballpark Project Reserve — Accounts for sales tax (Stadium Tax) proceeds collected in excess of the $238,000,000 cap imposed by County Board Resolution. Bond Funds — Bond Funds account for capital projects financed by the issuance of special assessment bonds. Flood Control Capital Projects — Flood Control Capital Projects was set up administratively as a capital project fund to track capital project activity of the Flood Control District. Funding is provided by a reimbursement transfer from the Flood Control District which derives its funding from an annual Property Tax Levy. General Fund County Improvement — Accounts for capital projects funded by transfers from the General Fund. Intergovernmental Capital Projects — Intergovernmental Capital Projects account for capital project spending predominantly funded from General Fund revenues. Major League Stadium — The Major League Stadium Fund accounts for the cost of construction on the Bank One Ballpark. The majority of costs were financed through a 1/4 of one-cent Sales Tax that commenced on April 1, 1995 and concluded on December 1, 1997. Transportation Capital Projects — Transportation Capital Projects was set up administratively as a capital project fund to track capital project activity of the County Transportation department. Funding is provided by a reimbursement transfer from the Transportation Fund that derives its funding from the State Highways User’s Tax. 102 103 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds June 30, 2003 SPECIAL REVENUE FUNDS ADULT ADULT ACCOMODATION PROBATION PROBATION ANIMAL CONTROL ANIMAL SCHOOLS GRANTS SERVICES CONTROL DONATIONS ASSETS Cash in bank and on hand $ $ $ $ 2,720 $ Cash and investments held by 653,094 County Treasurer 973,291 3,443,614 489,669 2,878 7,406 1,321 Receivables: Taxes Accrued interest Special assessments Due from other funds 767,455 Due from other governmental units 95,953 Inventories Miscellaneous Cash and investments held by trustee - restricted Total assets $ 653,094 $ 1,743,624 $ $ 159,960 $ 249,947 $ 3,451,020 $ 98,673 $ 490,990 5,221 $ 362,691 $ 2 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable 507,269 Employee compensation 156,341 63,746 17 Accrued liabilities 251,704 Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment 1,174,993 Deferred revenue Deposits held for other parties 159,960 Total liabilities 1,932,209 161,562 678,158 2 Fund balances: 95,953 Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 493,134 (188,585) 3,289,458 (675,438) 490,988 493,134 (188,585) 3,289,458 (579,485) 490,988 653,094 $ 104 1,743,624 $ 3,451,020 $ 98,673 $ 490,990 SPECIAL REVENUE FUNDS ANIMAL CONTROL ANIMAL BANK ONE CDBG CHILD CHILD FIELD CONTROL BALLPARK HOUSING SUPPORT SUPPORT ISSUES SERVICES GRANTS OPERATIONS TRUST AUTOMATION ENHANCEMENT EDUCATION $ $ 56,199 $ 17,815 5,780 $ $ 4,632,707 899 $ 24,066 CHILDREN’S $ 191,996 97,904 12,494 4,132 320,852 122,166 $ $ 57,098 $ 17,815 $ 4,777,279 $ 320,852 $ 2,589 $ 9,231 $ 10,139 $ 146,412 $ 32,605 3,552 24,066 $ 191,996 $ $ 668 $ 11,244 97,904 772 6,533 222,684 $ 35,194 9,231 20,224 21,904 8,584 4,757,055 (59,488) 21,904 8,584 4,757,055 (59,488) 57,098 $ 17,815 $ 4,777,279 380,340 $ 320,852 $ 668 772 24,066 191,328 97,132 24,066 191,328 97,132 24,066 $ 191,996 $ 97,904 (continued on next page) 105 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2003 SPECIAL REVENUE FUNDS CLERK OF CLERK CLERK OF CLERK OF COURT SPOUSAL OF COURT COURT FILL COURT MAINTENANCE CONCILIATION COURT EDMS THE GAP GRANTS ENFORCEMENT SPECIAL ASSETS Cash in bank and on hand $ $ $ $ $ Cash and investments held by 387,609 County Treasurer 72,571 44,235 248,634 Receivables: Taxes 775 Accrued interest Special assessments Due from other funds 416,133 Due from other governmental units Inventories Miscellaneous Cash and investments held by trustee - restricted Total assets $ 388,384 $ 72,571 $ 416,133 $ $ 23,681 $ 25,258 $ 2,495 $ 44,235 $ 248,634 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable 14,166 Employee compensation 25,715 3,581 $ 1,467 21,907 Accrued liabilities 60,977 Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment 737,185 Deferred revenue Deposits held for other parties Total liabilities 37,847 50,973 804,238 1,467 21,907 350,537 21,598 (388,105) 42,768 226,727 350,537 21,598 (388,105) 42,768 226,727 Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 388,384 $ 106 72,571 $ 416,133 $ 44,235 $ 248,634 SPECIAL REVENUE FUNDS COUNTY COUNTY ATTORNEY ATTORNEY COUNTY COUNTY CORRECTIONAL CHECK CRIMINAL ATTORNEY ATTORNEY COUNTY VICTIM COM- HEALTH ENFORCEMENT JUSTICE DRUG FILL THE ATTORNEY PENSATION AND GRANTS PROGRAM ENHANCEMENT DIVERSION GAP GRANTS ASSISTANCE $ $ $ 166,601 COUNTY $ 216,949 300 $ ATTORNEY $ 1,328,090 1,293,655 3,582 3,489 $ 113,515 97,946 818,174 92,210 $ 97,946 $ $ 1,796 $ 480 $ 4,807 $ 10,532 216,949 $ 1,331,972 $ $ 46,342 $ 30,371 2,263 1,297,144 $ 910,384 $ $ 13,744 $ 16,631 113,515 75,135 28,353 729,037 165,264 546,476 195,893 $ 166,601 15,339 30,371 48,605 16,631 (97,947) 151,262 186,578 1,283,367 1,280,513 (454,008) 113,515 (97,947) 151,262 186,578 1,283,367 1,280,513 (454,008) 113,515 97,946 $ 166,601 $ 216,949 $ 1,331,972 $ 1,297,144 1,364,392 $ 910,384 $ 113,515 (continued on next page) 107 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2003 SPECIAL REVENUE FUNDS COUNTY ATTORNEY VICTIM COM- DOMESTIC PENSATION AND COURT DOCUMENT RELATIONS ECONOMIC RESTITUTION AUTOMATION RETRIEVAL EDUCATION DEVELOPMENT ASSETS Cash in bank and on hand $ $ $ $ $ Cash and investments held by 462,926 County Treasurer 282,405 243,949 157,472 411,631 Receivables: Taxes 1,183 Accrued interest 1,110 Special assessments Due from other funds Due from other governmental units Inventories Miscellaneous Cash and investments held by trustee - restricted Total assets $ 464,109 $ 282,405 $ 243,949 $ $ 1,811 $ 1,211 $ 13,804 $ 157,472 $ 412,741 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable $ 6,306 22,506 12,379 1,811 7,517 36,310 12,379 462,298 274,888 207,639 145,093 412,741 462,298 274,888 207,639 145,093 412,741 Employee compensation Accrued liabilities Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment Deferred revenue Deposits held for other parties Total liabilities Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 464,109 $ 108 282,405 $ 243,949 $ 157,472 $ 412,741 SPECIAL REVENUE FUNDS ENVIRONMENTAL SERVICES ENVIRONMENTAL EXPEDITED EMERGENCY ENVIRONMENTAL ENVIRONMENTAL SERVICES CHILD FLOOD GOVERNMENT MANAGEMENT SERVICES HEALTH GRANT SUPPORT CONTROL GRANTS $ $ 800 $ $ 375,740 2,706,340 1,656,538 989 7,323 4,539 $ GENERAL $ 270,210 250 $ 31,457,177 352,507 822,969 101,382 3,044,390 951 4,174,540 95,431 153,254 350,860 111,040 $ $ 376,729 $ 2,867,717 $ 53,411 $ 25,031 $ 10,065 83,022 2,011,937 $ 3,044,390 $ 11,866 $ 84,090 $ 145,130 31,630 270,210 $ 36,762,789 $ 10 $ 2,883,051 $ 6,873 353,458 211,934 133 10,563 1,444,528 4,321,993 313,253 376,729 108,186 156,996 493,651 5,882,241 6,883 3,599,199 95,431 $ 376,729 $ 2,759,531 1,854,941 (2,837,851) 263,327 33,068,159 353,458 2,759,531 1,854,941 (2,837,851) 263,327 33,163,590 353,458 2,867,717 $ 2,011,937 $ 3,044,390 $ 270,210 $ 36,762,789 $ 353,458 (continued on next page) 109 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2003 SPECIAL REVENUE FUNDS HUMAN JUSTICE JUSTICE HOUSING SERVICES JUROR COURT COURT DEPARTMENT GRANTS IMPROVEMENT ENHANCEMENT GRANTS ASSETS Cash in bank and on hand $ 952,959 $ 4,047 $ $ $ Cash and investments held by 67,009 County Treasurer 585,961 28,593 Receivables: Taxes 1,484 Accrued interest Special assessments Due from other funds 1,472,890 Due from other governmental units 4,100,764 Inventories 156,955 Miscellaneous Cash and investments held by trustee - restricted Total assets $ 2,582,804 $ 4,104,811 $ $ 656,297 $ 1,543,567 $ 67,009 $ 587,445 $ 28,593 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable $ $ 235,104 Employee compensation 1,138 8,081 Accrued liabilities 815,569 Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment Deferred revenue 4,109 4,948,332 27,455 660,406 7,542,572 8,081 1,922,398 (3,437,761) 58,928 587,445 1,922,398 (3,437,761) 58,928 587,445 Deposits held for other parties Total liabilities 28,593 Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 2,582,804 $ 110 4,104,811 $ 67,009 $ 587,445 $ 28,593 SPECIAL REVENUE FUNDS JUSTICE JUVENILE COURT JUVENILE JUDICIAL COURT JUVENILE DIVERSION JUVENILE LAW DEFENDER ENHANCEMENT GRANTS PROBATION FEES RESTITUTION LIBRARY FILL THE GAP $ $ PROBATION $ $ LEGAL $ 1,733,055 972,754 944,318 377,006 4,576 2,690 2,193 956 $ 50,203 $ 209,593 7,157 996,633 $ 1,737,631 $ 1,972,077 $ 946,511 $ $ 5,710 $ 108,845 $ 17,015 $ 234,394 377,962 $ 50,203 $ 17,528 3,741 34,543 3,741 $ 209,593 $ $ 12,975 $ 7,157 858 2,604,337 5,710 $ 2,947,576 12,975 858 1,731,921 (975,499) 911,968 374,221 50,203 196,618 6,299 1,731,921 (975,499) 911,968 374,221 50,203 196,618 6,299 1,737,631 $ 1,972,077 $ 946,511 $ 377,962 $ 50,203 $ 209,593 $ 7,157 (continued on next page) 111 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2003 SPECIAL REVENUE FUNDS PARKS AND LIBRARY LIBRARY OLD PALO RECREATION GRANTS COURTHOUSE VERDE GRANTS ASSETS Cash in bank and on hand $ 1,100 $ $ $ $ Cash and investments held by 7,090,793 County Treasurer 48,032 8,680 198,601 145,258 Receivables: 271,712 Taxes 17,959 Accrued interest Special assessments Due from other funds 27,960 Due from other governmental units Inventories Miscellaneous Cash and investments held by trustee - restricted Total assets $ 7,381,564 $ 75,992 $ $ 1,194,030 $ 22,182 $ 8,680 $ 198,601 $ 145,258 80 $ 5,115 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable $ 127,636 Employee compensation 2,981 Accrued liabilities Due to other funds 392,214 Due to other governmental units Interest payable Special assessment debt with governmental commitment Deferred revenue 202,057 81,769 1,915,937 103,951 5,465,627 (27,959) 5,465,627 (27,959) Deposits held for other parties Total liabilities 3,061 5,115 8,680 195,540 140,143 8,680 195,540 140,143 Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 7,381,564 $ 75,992 112 $ 8,680 $ 198,601 $ 145,258 SPECIAL REVENUE FUNDS PARKS PARKS SPUR PLANNING PLANNING PARKS PARKS LAKE PARKS CROSS AND PROJECT DONATIONS ENHANCEMENT PLEASANT SOUVENIR RANCH DEVELOPMENT FEES $ $ $ 130 806,563 1,788,987 1,533,604 2,093 4,773 4,222 $ $ 25,091 80 $ 200,015 $ 808,656 $ 1,793,760 $ 1,537,956 $ 25,091 $ 200,095 $ $ 2,067 $ 54,232 $ 18,195 $ 92 $ 20,516 $ 43,122 10,467 2,484 $ 13,581,603 434,382 37,068 1,003 13,618,671 $ 79,367 $ 108,008 435,385 2,355 677,960 $ 2,067 97,354 28,662 92 806,589 1,696,406 1,509,294 24,999 806,589 1,696,406 1,509,294 24,999 808,656 $ 1,793,760 $ 1,537,956 $ 25,091 23,000 $ 865,335 2,355 177,095 12,753,336 433,030 177,095 12,753,336 433,030 200,095 $ 13,618,671 $ 435,385 (continued on next page) 113 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2003 SPECIAL REVENUE FUNDS PUBLIC PUBLIC PUBLIC PROBATE DEFENDER DEFENDER DEFENDER PUBLIC PROGRAMS FILL THE GAP GRANTS TRAINING HEALTH ASSETS Cash in bank and on hand $ $ $ $ $ 2,407 Cash and investments held by 127,038 County Treasurer 230,232 3,055,212 Receivables: Taxes 9,155 Accrued interest Special assessments Due from other funds 212,984 Due from other governmental units 112,172 4,405,464 764,700 Inventories Miscellaneous Cash and investments held by trustee - restricted Total assets $ 127,038 $ 4,035 $ 230,232 $ 212,984 $ 112,172 $ 8,236,938 $ 13,404 $ 1,177,164 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable $ $ 7,052 Employee compensation 17,353 7,676 1,851 111,185 51,422 285,473 43 Accrued liabilities Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment 213,696 Deferred revenue 7,590,381 Deposits held for other parties 11,087 Total liabilities 17,353 332,557 66,677 9,053,061 Fund balances: 764,700 Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 115,951 212,879 (119,573) 45,495 (1,580,823) 115,951 212,879 (119,573) 45,495 (816,123) 127,038 $ 230,232 114 $ 212,984 $ 112,172 $ 8,236,938 SPECIAL REVENUE FUNDS SHERIFF PUBLIC RESEARCH HEALTH RECORDER’S AND PHARMACY SURCHARGE REPORTING $ $ $ 1,249,604 6,494,349 3,365 17,031 INMATE RICO $ 10,449,967 SHERIFF SHERIFF HEALTH DONATIONS GRANTS SERVICES $ 128,021 $ 840,952 $ 22,548 45,582 1,110,833 147,227 4,878 $ 1,400,196 $ 6,511,380 $ $ 134,217 $ 714,306 $ 36,777 35,052 128,021 $ 351 $ 10,449,967 $ 22,548 $ $ 1,951,785 $ 50,460 $ 218,349 $ 23,659 4,329 32,262 1,213 1,295,775 467,804 9,154,192 1,849,061 170,994 750,571 4,680 10,449,967 2,567,476 23,659 147,227 $ 1,081,975 5,760,809 123,341 22,548 (615,691) 26,801 1,229,202 5,760,809 123,341 22,548 (615,691) 26,801 1,400,196 $ 6,511,380 $ 128,021 $ 10,449,967 $ 22,548 $ 1,951,785 $ 50,460 (continued on next page) 115 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2003 SPECIAL REVENUE FUNDS SMALL SHERIFF SCHOOLS SPECIAL SERVICE SPORTS STADIUM FUNDING PROGRAM AUTHORITY DISTRICT ASSETS Cash in bank and on hand $ $ $ 130,731 $ Cash and investments held by 6,893,051 County Treasurer 239,705 2,193,918 Receivables: Taxes 18,862 Accrued interest 5,916 Special assessments Due from other funds Due from other governmental units Inventories 468,906 Miscellaneous Cash and investments held by trustee - restricted Total assets $ 7,380,819 $ 239,705 $ 130,731 $ 2,199,834 $ 202,043 $ 68,118 $ 34,881 $ 1,933 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable 34,206 Employee compensation 1,283 1,665 Accrued liabilities 2,693 Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment 3,263,505 Deferred revenue Deposits held for other parties Total liabilities 3,501,419 69,401 34,881 4,626 3,879,400 170,304 95,850 2,195,208 3,879,400 170,304 95,850 2,195,208 Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 7,380,819 $ 116 239,705 $ 130,731 $ 2,199,834 SPECIAL REVENUE FUNDS SUPERIOR SUPERIOR SUPERIOR COURT STREET COURT COURT JUDICIAL COURT TAXPAYERS’ LIGHTING FILL THE GAP GRANTS ENHANCEMENT SPECIAL INFORMATION $ $ 2,218,694 $ 105,555 SUPERIOR $ 18,810 5,978 $ $ 1,279,876 1,392,440 3,302 3,684 563,027 59,474 $ 2,224,672 $ $ 266,235 $ 105,555 $ 78,284 $ 1,283,178 $ 1,396,124 $ 7,500 $ 14,682 $ 2,127 $ 13,332 $ 28,257 22,393 1,373 563,027 41,535 54 25,000 100,681 $ 266,235 35,757 1,958,437 69,798 (59,472) 1,279,624 1,316,257 563,027 1,958,437 69,798 (59,472) 1,279,624 1,316,257 563,027 2,224,672 $ 105,555 137,756 $ 78,284 3,554 $ 1,283,178 79,867 $ 1,396,124 $ 563,027 (continued on next page) 117 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2003 SPECIAL REVENUE FUNDS UNORGANIZED TRANSPORTATION TERRITORY VICTIM GRANTS TRANSPORTATION LOCATION TRANSPORTATION ASSETS Cash in bank and on hand $ 550 $ $ $ Cash and investments held by 18,008,934 County Treasurer 203,586 84,659 Receivables: Taxes 64,074 Accrued interest Special assessments Due from other funds 131,854 14,655,250 Due from other governmental units 606,117 Inventories 2 Miscellaneous Cash and investments held by trustee – restricted Total assets $ 33,334,925 $ $ 2,685,900 $ 131,854 $ 203,586 $ 84,661 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable Employee compensation 465,836 Accrued liabilities 296,712 $ $ 182,981 Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment 80,728 Deferred revenue 96,747 Deposits held for other parties 3,545,195 Total liabilities 263,709 Fund balances: 606,117 Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 29,183,613 (131,855) 203,586 84,661 29,789,730 (131,855) 203,586 84,661 33,334,925 $ 118 131,854 $ 203,586 $ 84,661 SPECIAL REVENUE FUNDS DEBT SERVICE FUNDS WASTE TIRE PROGRAM $ TOTAL $ 4,608,394 12,392,773 SPECIAL STADIUM ASSESSMENTS DISTRICT $ $ 132,829,602 293,960 TOTAL $ 200 294,160 1,094,681 12,428 373,133 17,908 17,908 344,539 344,539 4,132 36,925,768 868,726 868,726 7,771,537 7,771,537 1,709,428 1,349,231 111,040 $ 4,620,822 $ 186,789,788 $ $ 124,255 $ 13,586,044 $ 4,723 638,499 $ 8,658,371 $ $ 9,296,870 $ 3,324,869 1,620,789 4,368,937 9,571,406 15,656 29,396,886 15,656 31,643 31,643 341,237 341,237 388,536 388,536 96,747 128,978 61,965,678 1,709,428 $ 4,491,844 123,114,682 4,491,844 124,824,110 4,620,822 $ 186,789,788 $ 249,963 8,658,371 8,908,334 249,963 8,658,371 8,908,334 638,499 $ 8,658,371 $ 9,296,870 (continued on next page) 119 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2003 CAPITAL PROJECTS FUNDS BANK ONE FLOOD BALLPARK CONTROL GENERAL FUND PROJECT BOND CAPITAL COUNTY RESERVE FUNDS PROJECTS IMPROVEMENT ASSETS Cash in bank and on hand $ $ $ $ Cash and investments held by 1,911 County Treasurer 238,913 6,251,674 35,139,067 Receivables: Taxes 4,403 Accrued interest 94,860 Special assessments Due from other funds 2,225 Due from other governmental units Inventories Miscellaneous 8,096,296 Cash and investments held by trustee – restricted Total assets $ 8,104,835 $ 238,913 $ 6,251,674 $ 35,233,927 $ 6,208,525 $ 1,814 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable $ $ 43,149 Employee compensation 450 Accrued liabilities 21,377 Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment Deferred revenue Deposits held for other parties 21,827 Total liabilities 6,251,674 1,814 Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 8,104,835 217,086 35,232,113 8,104,835 217,086 35,232,113 8,104,835 $ 120 238,913 $ 6,251,674 $ 35,233,927 CAPITAL PROJECTS FUNDS INTER- TOTAL MAJOR GOVERNMENTAL TRANSPORTATION CAPITAL LEAGUE CAPITAL PROJECTS STADIUM PROJECTS $ $ $ 19,219,268 NONMAJOR GOVERNMENTAL TOTAL FUNDS $ 3,003,407 $ 63,854,240 12,392,773 196,978,002 1,094,681 51,952 151,215 542,256 344,539 4,132 979,858 982,083 38,776,577 1,709,428 1,439 $ 19,271,220 $ $ 1,506,705 $ 1,439 1,439 1,350,670 8,096,296 15,978,873 $ 3,983,265 $ 73,085,273 $ 269,171,931 $ 3,312,602 $ 11,029,646 $ 24,615,690 1,439 43,149 3,368,018 450 1,621,239 22,816 4,391,753 9,571,406 15,656 31,643 29,738,123 1,506,705 1,439 670,663 670,663 767,410 3,983,265 11,766,724 74,120,938 1,709,428 8,908,334 $ 17,764,515 61,318,549 184,433,231 17,764,515 61,318,549 195,050,993 19,271,220 $ 1,439 $ 3,983,265 $ 121 73,085,273 $ 269,171,931 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Fiscal Year Ended June 30, 2003 SPECIAL REVENUE FUNDS ADULT PROBATION GRANTS ACCOMODATION SCHOOLS REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Special assessment Miscellaneous Total revenues $ $ EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures ADULT PROBATION SERVICES $ $ 7,652,415 125,458 15,820 29,744,441 61,021 7,838,894 86,912 5,378,087 29,861,083 7,756,344 29,474,530 254,091 19,549 14,791,017 131,226 131,226 5,610,277 14,031,940 10,000 29,871,083 14,031,940 Excess (deficiency) of revenues over expenditures 759,077 23,511 7,779,855 (126,642) OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) 78,177 5,688,454 59,039 (310,367) (21,522) (21,522) Net change in fund balances Fund balances (deficit) at beginning of year 759,077 (148,164) 59,039 (265,943) (40,421) 3,230,419 131,226 197,000 (1,274,063) (1,077,063) (197,000) (197,000) (1,387,430) (65,774) 786,407 Increase (decrease) in reserve for Inventories Fund balances (deficit) at end of year $ 3,747,328 112 1,540,748 2,987 12,498,587 2,272,881 ANIMAL CONTROL DONATIONS ANIMAL CONTROL 556,762 21,538 $ 493,134 $ 122 (188,585) $ 3,289,458 $ (579,485) $ 490,988 SPECIAL REVENUE FUNDS ANIMAL CONTROL FIELD SERVICES ANIMAL CONTROL GRANTS $ $ BANK ONE BALLPARK OPERATIONS $ CDBG HOUSING TRUST $ 2,302,023 CHILD SUPPORT AUTOMATION $ CHILD SUPPORT ENHANCEMENT $ 6,896,914 CHILDREN’S ISSUES EDUCATION $ 51,599 58,389 15,840 6,971 2,324,834 98,584 98,584 4,618,797 4,618,797 956 956 6,896,914 2,174 53,773 1,875 60,264 18,869 2,011,984 6,933,504 9,940 15,589 22,898 6,956,402 9,940 15,589 18,869 (59,488) (8,984) 38,184 41,395 (59,488) (8,984) 38,184 41,395 153,144 55,737 1,136,879 256,668 2,268,652 90,000 90,000 564,368 10,363 1,711,610 56,182 8,584 2,907,187 1,271,216 (1,842) 1,269,374 (1,813,912) (1,813,912) 1,325,556 8,584 1,093,275 3,663,780 (1,303,652) $ 21,904 $ 8,584 $ 4,757,055 33,050 $ (59,488) $ 24,066 $ 191,328 $ 97,132 (continued on next page) 123 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2003 SPECIAL REVENUE FUNDS CLERK OF COURT FILL THE GAP CLERK OF COURT EDMS REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Special assessment Miscellaneous Total revenues $ $ CLERK OF COURT GRANTS $ 2,162,715 1,343,277 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures CLERK OF COURT SPOUSAL MAINTENANCE ENFORCEMENT $ CONCILIATION COURT SPECIAL $ 988,939 117,233 86,894 1,350,176 12,477 1,355,754 20,014 2,182,729 1,106,172 336 87,230 2,153 1,352,329 1,408,265 2,129,232 1,080,221 44,462 1,364,304 1,408,265 22,065 2,151,297 1,080,221 44,462 1,364,304 (52,511) 31,432 25,951 42,768 (11,975) (52,511) 31,432 25,951 42,768 (11,975) OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year (9,834) 403,048 (414,056) 238,702 Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 350,537 $ 21,598 124 $ (388,105) $ 42,768 $ 226,727 CORRECTIONAL HEALTH GRANTS $ $ SPECIAL REVENUE FUNDS COUNTY ATTORNEY COUNTY CRIMINAL ATTORNEY JUSTICE DRUG ENHANCEMENT DIVERSION COUNTY ATTORNEY CHECK ENFORCEMENT PROGRAM $ 77,804 $ COUNTY ATTORNEY FILL THE GAP $ 1,253,379 COUNTY ATTORNEY GRANTS $ 1,599,142 COUNTY ATTORNEY VICTIM COMPENSATION AND ASSISTANCE $ 5,004,359 539,267 48,064 612,766 425,289 539,267 15,983 1,317,426 44,695 657,461 39,011 2,063,442 5,004,359 5,249 48,716 679,165 1,500,921 943,231 782,769 5,147,994 63,184 134,076 679,165 1,500,921 943,231 160 782,929 5,147,994 63,184 (56,272) (139,898) (183,495) (285,770) 1,280,513 (143,635) (14,468) (56,272) (139,898) (183,495) (285,770) 1,280,513 (143,635) (14,468) (41,675) 291,160 370,073 1,569,137 (310,373) 127,983 77,804 43,467 134,076 $ (97,947) $ 151,262 $ 186,578 $ 1,283,367 $ 1,280,513 $ (454,008) $ 113,515 (continued on next page) 125 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2003 SPECIAL REVENUE FUNDS COUNTY ATTORNEY VICTIM COMPENSATION AND RESTITUTION REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Special assessment Miscellaneous Total revenues COURT AUTOMATION $ $ DOMESTIC RELATIONS EDUCATION DOCUMENT RETRIEVAL $ $ ECONOMIC DEVELOPMENT $ 681,817 1,023,678 171,579 8,729 34,859 334,859 3,683 685,500 4,012 1,027,690 4,620 176,199 8,878 17,607 148,611 595,296 1,221,631 300,000 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures 7,114 315,326 Excess (deficiency) of revenues over expenditures 148,611 595,296 186,248 90,204 186,248 276,050 1,221,631 315,326 7,114 (193,941) (139,127) 10,493 90,204 (193,941) (139,127) 10,493 184,684 401,580 284,220 402,248 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 462,298 $ 274,888 126 $ 207,639 $ 145,093 $ 412,741 SPECIAL REVENUE FUNDS EMERGENCY MANAGEMENT $ ENVIRONMENTAL SERVICES $ $ 642,586 10,825 653,411 ENVIRONMENTAL SERVICES ENVIRONMENTAL HEALTH ENVIRONMENTAL SERVICES GRANT $ 4,430,279 3,997 4,761 790,343 7,366,974 213,998 5,443,378 1,022,905 8,929,072 EXPEDITED CHILD SUPPORT $ $ 1,730,060 25,392 394,631 6,939 1,736,999 3,523 423,546 539,193 FLOOD CONTROL 44,302,535 1,759,324 14,482,555 GENERAL GOVERNMENT GRANTS $ 15,438,561 75,982,975 628,115 257,624 257,624 20,529,425 25,296 653,411 5,194,539 8,649,376 3,452,841 396,327 129,671 5,324,210 45,779 8,695,155 176,631 3,629,472 396,327 437,179 20,966,604 119,168 233,917 (1,892,473) 27,219 55,016,371 (1,251,419) (1,251,419) (1,251,419) (1,251,419) (1,132,251) (1,017,502) 3,891,782 2,872,443 257,624 (40,772,770) (40,772,770) (18,044,306) (18,044,306) (1,892,473) 27,219 14,243,601 (17,786,682) (945,378) 236,108 18,922,990 18,140,140 (3,001) $ $ 2,759,531 $ 1,854,941 $ (2,837,851) $ 263,327 $ 33,163,590 $ 353,458 (continued on next page) 127 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2003 SPECIAL REVENUE FUNDS HUMAN SERVICES GRANTS HOUSING DEPARTMENT REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Special assessment Miscellaneous Total revenues $ $ EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures JUROR IMPROVEMENT $ 14,891,544 1,189,185 32,355,481 25,007 16,105,736 65,228 32,420,709 JUSTICE COURT ENHANCEMENT $ JUSTICE COURT GRANTS $ 111,847 442,059 60,577 60,577 17,111 459,170 4,081 115,928 1,649 463,837 115,928 115,928 13,939,956 32,991,193 127,726 118,067 1,691,011 15,876,760 621,555 33,612,748 1,649 463,837 228,976 (1,192,039) 58,928 (4,667) 228,976 (1,192,039) 58,928 (4,667) 1,693,422 (2,245,722) OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year 592,112 Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 1,922,398 $ (3,437,761) 128 $ 58,928 $ 587,445 $ SPECIAL REVENUE FUNDS JUSTICE COURT JUDICIAL ENHANCEMENT JUVENILE COURT GRANTS $ $ 137,939 JUVENILE PROBATION DIVERSION FEES JUVENILE PROBATION $ $ JUVENILE RESTITUTION $ LEGAL DEFENDER FILL THE GAP LAW LIBRARY $ $ 14,137,932 24 923,460 248,621 31,812 40,000 57,135 730,098 6,787 14,144,743 16,347 939,807 10,134 258,755 5,786 37,598 81,792 858,197 339 40,339 80,404 14,816,482 778,398 183,486 1,144 788,435 34,040 14,999 95,403 14,816,482 778,398 183,486 1,144 788,435 34,040 161,409 75,269 36,454 69,762 6,299 6,299 773,527 2,878 535,024 634,695 (671,739) 89,792 (3,333) 86,459 $ 634,695 (585,280) 161,409 75,269 36,454 69,762 1,097,226 (390,219) 750,559 298,952 13,749 126,856 1,731,921 $ (975,499) $ 911,968 $ 374,221 $ 50,203 $ 196,618 $ 6,299 (continued on next page) 129 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2003 SPECIAL REVENUE FUNDS LIBRARY GRANTS LIBRARY REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Special assessment Miscellaneous Total revenues $ 10,369,080 $ $ 6,802 OLD COURTHOUSE PARKS AND RECREATION GRANTS PALO VERDE $ 163,527 $ 201,313 42,780 3,109 204,422 4,275 47,055 339,099 311,037 11,026,018 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures 2,092 165,619 222 222 163,209 Excess (deficiency) of revenues over expenditures 12,215,763 142,615 239,786 12,455,549 13,648 156,263 (1,429,531) OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) 191,258 163,209 191,258 9,356 222 41,213 (144,203) (1,431,678) 9,356 222 41,213 (144,203) 6,897,305 (37,315) 8,458 154,327 284,346 (2,147) (2,147) Net change in fund balances Fund balances (deficit) at beginning of year Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 5,465,627 $ (27,959) 130 $ 8,680 $ 195,540 $ 140,143 SPECIAL REVENUE FUNDS PARKS DONATIONS PARKS ENHANCEMENT $ $ PARKS LAKE PLEASANT $ PARKS SPUR CROSS RANCH PARKS SOUVENIR $ $ PLANNING AND DEVELOPMENT $ PLANNING PROJECT FEES $ 9,061,741 2,866 1,595,435 1,000 1,221,901 50 161,655 164,521 691,596 2,288,031 99,609 1,321,560 410,000 12,169 47,486 47,486 212,100 2,794,026 2,230 1,946 424,115 299,246 12,157,243 7,409 219,509 7,299,380 111,685 27,241 1,858,703 1,426,802 26,344 193,747 27,241 365,794 2,224,497 2,833,645 4,260,447 26,344 119,795 313,542 241,923 7,541,303 111,685 137,280 63,534 (2,938,887) 21,142 110,573 4,615,940 107,824 21,142 (98,019) (98,019) (21,142) (21,142) 137,280 84,676 (3,036,906) 669,309 1,611,730 4,546,200 21,142 $ 806,589 $ 1,696,406 $ 1,509,294 (33,407) (33,407) 24,999 $ 24,999 $ 110,573 4,582,533 107,824 66,522 8,170,803 325,206 177,095 $ 12,753,336 $ 433,030 (continued on next page) 131 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2003 SPECIAL REVENUE FUNDS PUBLIC DEFENDER FILL THE GAP PROBATE PROGRAMS REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Special assessment Miscellaneous Total revenues $ EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures PUBLIC DEFENDER GRANTS $ $ PUBLIC DEFENDER TRAINING $ PUBLIC HEALTH $ 347,525 560,237 304,971 500,646 367,244 35,483,796 36,508 1,810 369,054 907,762 304,971 10,379 511,025 165,444 35,685,748 407,798 849,883 373,658 386,907 37,033,476 Excess (deficiency) of revenues over expenditures 407,798 849,883 373,658 386,907 121,703 37,155,179 (38,744) 57,879 (68,687) 124,118 (1,469,431) OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) (125,370) (125,370) Net change in fund balances Fund balances (deficit) at beginning of year (38,744) 57,879 (68,687) 124,118 (1,594,801) 154,695 155,000 (50,886) (78,623) 1,534,054 Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year (755,376) $ 115,951 $ 212,879 132 $ (119,573) $ 45,495 $ (816,123) SPECIAL REVENUE FUNDS PUBLIC HEALTH PHARMACY RECORDER’S SURCHARGE $ $ RESEARCH AND REPORTING $ SHERIFF DONATIONS RICO $ $ SHERIFF INMATE HEALTH SERVICES SHERIFF GRANTS $ $ 5,199,037 6,335,344 2,806,893 50,848 602,148 6,045 2,812,938 109,307 6,444,651 323,483 323,483 3,508,599 336,714 602,148 12,464 12,464 4,292 5,203,329 1,538 52,386 556,015 3,537 4,958,861 100,666 46,133 602,148 3,537 653,642 5,612,503 23,657 124,323 8,927 (409,174) (71,937) 3,049,872 5,850 3,055,722 959,685 4,468,284 336,714 (242,784) 1,976,367 (13,231) 53,594 (845) (845) 53,594 (478) (478) (189,190) 1,976,367 (14,076) 8,927 (409,652) (71,937) 1,403,839 3,784,442 137,417 13,621 (206,039) 98,738 14,553 $ 1,229,202 $ 5,760,809 $ 123,341 $ $ 22,548 $ (615,691) $ 26,801 (continued on next page) 133 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2003 SPECIAL REVENUE FUNDS SMALL SCHOOLS SERVICE PROGRAM SHERIFF SPECIAL FUNDING REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Special assessment Miscellaneous Total revenues $ SPORTS AUTHORITY $ $ STADIUM DISTRICT $ 171,447 374,679 9,883,167 9,883,167 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures 9,113 555,239 461,113 461,113 51,416 51,416 492,442 30,512 7,190,675 836,044 Excess (deficiency) of revenues over expenditures 3,768 7,194,443 836,044 492,442 30,512 2,688,724 (280,805) (31,329) 20,904 2,688,724 (280,805) (31,329) 20,904 1,190,676 451,109 127,179 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year 2,174,304 Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 3,879,400 $ 134 170,304 $ 95,850 $ 2,195,208 SPECIAL REVENUE FUNDS SUPERIOR COURT FILL THE GAP STREET LIGHTING $ $ $ $ 1,313,049 $ SUPERIOR COURT JUDICIAL ENHANCEMENT SUPERIOR COURT GRANTS SUPERIOR COURT SPECIAL $ 1,158,888 TAXPAYERS’ INFORMATION $ 825,904 1,019,958 2,323,413 166,289 166,289 3,471,253 45,541 3,516,794 6,640 1,319,689 576 1,159,464 25,377 851,281 25,949 3,369,320 3,194,252 1,375,369 1,218,936 704,437 2,832,640 3,194,252 1,375,369 1,218,936 9,228 713,665 5,330 2,837,970 322,542 (55,680) (59,472) 137,616 531,350 166,289 322,542 (55,680) (59,472) 137,616 531,350 166,289 1,635,895 125,478 1,142,008 784,907 396,738 1,958,437 $ 69,798 $ (59,472) $ 1,279,624 $ 1,316,257 $ 563,027 (continued on next page) 135 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2003 SPECIAL REVENUE FUNDS TRANSPORTATION REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Special assessment Miscellaneous Total revenues EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures $ 1,563,228 89,491,592 550,127 1,635,739 92,690,559 550,127 43,562,564 663,550 VICTIM LOCATION $ 904,652 904,652 7,958 7,958 15,126 761,230 Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) 2,038,189 45,600,753 18,432 681,982 761,230 15,126 47,089,806 (131,855) 143,422 (7,168) (131,855) 143,422 (7,168) 60,164 91,829 (48,430,786) (48,430,786) Net change in fund balances (1,340,980) Fund balances (deficit) at beginning of year 31,053,721 Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ $ UNORGANIZED TERRITORY TRANSPORTATION TRANSPORTATION GRANTS 76,989 $ 29,789,730 $ 136 (131,855) $ 203,586 $ 84,661 SPECIAL REVENUE FUNDS WASTE TIRE PROGRAM $ DEBT SERVICE FUNDS SPECIAL ASSESSMENTS TOTAL $ 2,936,602 54,671,615 28,140,974 280,203,308 40,551,124 4,385,910 3,471,253 38,099,326 449,523,510 $ STADIUM DISTRICT $ 5,240,032 TOTAL $ 153,188 325,769 5,565,801 153,188 325,769 5,718,989 66,090 32,574 1,000,000 2,945,548 1,066,090 2,978,122 2,562,481 127,726 682,435 11,356,171 340,827,109 98,664 3,945,548 4,044,212 607,208 108,696,401 54,524 1,620,253 1,674,777 (116,608) (116,608) 1,632,744 (113,460,388) (111,827,644) 54,524 1,620,253 1,674,777 195,439 7,038,118 7,233,557 233,087 3,169,689 153,188 5,240,032 3,845,313 124,917,073 44,226,114 122,300,757 17,742,306 15,629,214 2,562,481 490,600 (3,131,243) 4,001,244 128,600,650 (645,297) $ 4,491,844 $ 124,824,110 $ 249,963 $ 8,658,371 $ 8,908,334 (continued on next page) 137 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2003 CAPITAL PROJECTS FUNDS BANK ONE BALLPARK PROJECT RESERVE REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Special assessment Miscellaneous Total revenues BOND FUNDS $ $ FLOOD CONTROL CAPITAL PROJECTS $ GENERAL FUND COUNTY IMPROVEMENT $ 96,555 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year 75,778 172,333 1,067 6,963 8,030 2,500 2,500 50,638 50,638 40,772,770 40,772,770 988,405 988,405 169,833 (42,608) (40,772,770) (792,971) 1,813,912 40,772,770 1,813,912 40,772,770 36,250,000 (224,916) 36,025,084 1,983,745 (42,608) 6,121,090 259,694 195,434 195,434 35,232,113 Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 8,104,835 $ 138 217,086 $ $ 35,232,113 CAPITAL PROJECTS FUNDS INTERGOVERNMENTAL CAPITAL PROJECTS $ MAJOR LEAGUE STADIUM $ 1,856,136 1,856,136 TRANSPORTATION CAPITAL PROJECTS $ 89,921 89,921 TOTAL NONMAJOR GOVERNMENTAL FUNDS TOTAL $ $ 5,435,884 5,532,439 2,694,879 8,130,763 1,067 4,919,111 10,452,617 59,911,647 28,140,974 285,735,747 40,551,124 4,385,910 3,625,508 43,344,206 465,695,116 3,845,313 124,917,073 44,226,114 122,300,757 17,742,306 15,629,214 56,283,784 56,283,784 103,889,913 103,889,913 1,193,816 3,660,557 115,246,084 448,761,234 (48,153,021) (93,437,296) 16,933,882 21,143,144 48,153,021 21,143,144 48,153,021 148,132,847 (224,916) 147,907,931 149,765,591 (113,685,304) 36,080,287 5,701,609 5,701,609 90,207 90,207 (3,845,473) (286) 17,297,671 466,844 (286) 54,470,635 53,014,169 286 6,847,914 142,682,121 (645,297) $ 17,764,515 $ $ $ 139 61,318,549 $ 195,050,993 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Adult Probation Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures 33,189,126 80,056 16,546 33,285,728 $ ACTUAL AMOUNTS 31,575,341 80,056 16,546 31,671,943 33,285,728 31,671,943 33,285,728 31,671,943 $ Deficiency of revenues under expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending (1) (1) $ 140 $ (1) (1) $ 29,474,530 254,091 15,820 29,744,441 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (2,100,811) 174,035 (726) (1,927,502) 29,861,083 10,000 29,871,083 1,810,860 (10,000) 1,800,860 (126,642) (126,642) (21,522) (21,522) (21,522) (21,522) (148,164) (40,421) (188,585) (148,164) (40,420) (188,584) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Adult Probation Services Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures 8,542,249 120,000 25,590 8,687,839 $ 8,687,839 8,687,839 Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending $ 993,309 993,309 141 $ 8,542,249 120,000 25,590 8,687,839 ACTUAL AMOUNTS $ 7,652,415 125,458 61,021 7,838,894 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (889,834) 5,458 35,431 (848,945) 9,654,328 33,511 9,687,839 7,756,344 23,511 7,779,855 1,897,984 10,000 1,907,984 (1,000,000) 59,039 1,059,039 (1,000,000) 993,309 (6,691) 59,039 3,230,419 3,289,458 1,059,039 2,237,110 3,296,149 $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Animal Control Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning Increase in reserve for inventories Fund balance (deficit) – ending $ 4,117,352 1,518,600 2,464 258,818 5,897,234 1,518,600 2,464 258,818 5,897,234 3,747,328 112 1,540,748 2,987 86,912 5,378,087 4,756,845 160,000 4,916,845 4,756,845 160,000 4,916,845 5,610,277 78,177 5,688,454 980,389 980,389 (310,367) (1,290,756) (1,783,238) (1,783,238) (1,783,238) (1,783,238) 197,000 (1,274,063) (1,077,063) 197,000 509,175 706,175 (802,849) 1,005,956 (802,849) 1,005,956 (1,387,430) 786,407 21,538 (579,485) (584,581) (219,549) 21,538 (782,592) 203,107 142 $ $ 4,117,352 ACTUAL AMOUNTS 203,107 $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ (370,024) 112 22,148 523 (171,906) (519,147) (853,432) 81,823 (771,609) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Animal Control Field Services Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance (deficit) – beginning Fund balance – ending $ 2,373,643 4,600 2,378,243 2,378,243 2,302,023 15,840 6,971 2,324,834 2,028,558 126,385 2,154,943 2,028,558 126,385 2,154,943 2,011,984 256,668 2,268,652 16,574 (130,283) (113,709) 223,300 223,300 56,182 (167,118) 1,488,277 (190,862) 1,297,415 1,488,277 (190,862) 1,297,415 1,271,216 (1,842) 1,269,374 (217,061) 189,020 (28,041) 1,520,715 (1,520,714) 1 1,520,715 (1,520,714) 1 1,325,556 (1,303,652) 21,904 (195,159) 217,062 21,903 143 $ $ 2,373,643 4,600 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ (71,620) 11,240 6,971 (53,409) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Animal Control Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ $ EXPENDITURES Current: Capital outlay Total expenditures 90,000 ACTUAL AMOUNTS $ Net change in fund balances Fund balance – beginning Fund balance – ending $ $ 144 $ 90,000 98,584 98,584 90,000 90,000 90,000 90,000 Excess of revenues over expenditures $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) (90,000) 98,584 8,584 8,584 8,584 8,584 8,584 8,584 $ 8,584 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Bank One Ballpark Operations Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: Culture and recreation Debt service – interest Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending $ 4,150,701 4,150,701 $ 4,160,701 4,160,701 ACTUAL AMOUNTS $ 4,618,797 4,618,797 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 458,096 458,096 1,332,227 564,369 15,000 1,911,596 1,342,227 564,369 15,000 1,921,596 1,136,879 564,368 10,363 1,711,610 205,348 1 4,637 209,986 2,239,105 2,239,105 2,907,187 668,082 (1,553,211) (1,553,211) (1,873,211) (1,873,211) (1,813,912) (1,813,912) 59,299 59,299 685,894 3,124,541 3,810,435 365,894 3,124,541 3,490,435 1,093,275 3,663,780 4,757,055 145 $ $ $ 727,381 539,239 1,266,620 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual CDBG Housing Trust Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures $ 15,827,386 Excess (deficiency) of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending 15,861,375 15,861,375 15,861,375 15,861,375 15,827,386 15,802,386 25,000 15,827,386 33,989 33,989 (33,989) (33,989) (33,989) (33,989) ACTUAL AMOUNTS $ 6,896,914 6,896,914 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 6,933,504 22,898 6,956,402 8,868,882 2,102 8,870,984 (59,488) (93,477) 33,989 33,989 (59,488) $ $ 146 (8,964,461) (8,964,461) $ (59,488) (59,488) $ (59,488) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Child Support Automation Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending 2,000 2,000 $ 2,000 2,000 ACTUAL AMOUNTS $ 956 956 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (1,044) (1,044) 14,894 14,894 33,051 33,051 9,940 9,940 23,111 23,111 (12,894) (31,051) (8,984) 22,067 (12,894) 12,894 (31,051) 12,894 (18,157) (8,984) 33,050 24,066 22,067 20,156 42,223 $ $ 147 $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Child Support Enhancement Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 65,500 $ 65,500 ACTUAL AMOUNTS $ 51,599 2,174 53,773 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (13,901) 2,174 (11,727) 65,500 65,500 192,875 15,589 192,875 102,875 25,000 127,875 15,589 87,286 25,000 112,286 (127,375) (62,375) 38,184 100,559 (127,375) 192,051 64,676 (62,375) 192,051 129,676 38,184 153,144 191,328 100,559 (38,907) 61,652 148 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Children’s Issues Education Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 19,713 287 20,000 $ 20,000 20,000 19,713 287 20,000 ACTUAL AMOUNTS $ 20,000 20,000 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 25,637 25,637 149 $ 25,637 25,637 $ 58,389 1,875 60,264 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 38,676 1,588 40,264 18,869 18,869 1,131 1,131 41,395 41,395 41,395 55,737 97,132 41,395 30,100 71,495 $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Clerk of Court EDMS Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures 1,400,000 $ 1,400,000 1,400,000 1,400,000 1,400,000 1,310,000 90,000 1,400,000 1,400,000 ACTUAL AMOUNTS $ $ 44,309 44,309 150 $ 44,309 44,309 1,343,277 12,477 1,355,754 $ 1,408,265 $ (56,723) 12,477 (44,246) (98,265) 90,000 (8,265) 1,408,265 Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) (52,511) (52,511) (52,511) 403,048 350,537 (52,511) 358,739 306,228 $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Clerk of Court Fill the Gap Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures 1,800,000 $ 1,800,000 1,886,855 1,800,000 2,186,855 1,800,000 Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 1,886,855 $ $ 151 ACTUAL AMOUNTS $ 2,162,715 20,014 2,182,729 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 275,860 20,014 295,874 2,186,855 2,129,232 22,065 2,151,297 57,623 (22,065) 35,558 (300,000) 31,432 331,432 (300,000) 31,432 (9,834) 21,598 331,432 (9,834) 321,598 (300,000) $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Clerk of Court Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Total revenues $ EXPENDITURES Current: Public safety Total expenditures 1,668,421 $ 1,668,421 ACTUAL AMOUNTS $ 1,668,421 1,668,421 988,939 117,233 1,106,172 1,668,421 1,668,421 1,668,421 1,668,421 1,080,221 1,080,221 588,200 588,200 25,951 25,951 Excess of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ 152 $ 25,951 (414,056) (388,105) $ $ (679,482) 117,233 (562,249) 25,951 (414,056) (388,105) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Clerk of Court Spousal Maintenance Enforcement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ $ EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ $ 153 71,000 ACTUAL AMOUNTS 71,000 86,894 336 87,230 65,000 65,000 44,462 44,462 20,538 20,538 6,000 42,768 36,768 6,000 42,768 36,768 6,000 $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 42,768 $ $ 15,894 336 16,230 36,768 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Conciliation Court Special Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 1,550,004 6,635 1,556,639 $ 1,550,004 6,635 1,556,639 $ 1,350,176 2,153 1,352,329 $ 1,556,640 1,556,640 (1) (1) (11,975) (11,974) (1) 385,383 385,382 (1) 385,383 385,382 (11,975) 238,702 226,727 (11,974) (146,681) (158,655) 154 $ 1,364,304 1,364,304 (199,828) (4,482) (204,310) 1,556,640 1,556,640 Deficiency of revenues under expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance – ending $ ACTUAL AMOUNTS VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 192,336 192,336 $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Correctional Health Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures 1,047,152 1,047,152 $ 411,152 636,000 1,047,152 1,047,152 1,047,152 ACTUAL AMOUNTS $ 201,256 845,896 1,047,152 $ $ 155 $ 134,076 Deficiency of revenues under expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 77,804 77,804 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (969,348) (969,348) 134,076 67,180 845,896 913,076 (56,272) (56,272) (56,272) (41,675) (97,947) (56,272) (41,675) (97,947) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual County Attorney Check Enforcement Program Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ $ ACTUAL AMOUNTS 665,121 665,121 665,121 665,121 539,267 539,267 (665,121) (125,854) 718,491 718,491 718,491 718,491 679,165 679,165 39,326 39,326 (53,370) (53,370) (139,898) (86,528) (53,370) 228,848 175,478 (53,370) 228,848 175,478 (139,898) 291,160 151,262 (86,528) 62,312 (24,216) 156 $ $ $ 539,267 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual County Attorney Criminal Justice Enhancement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 1,800,000 $ 1,800,000 ACTUAL AMOUNTS $ 1,800,000 1,800,000 1,253,379 48,064 15,983 1,317,426 1,800,000 1,800,000 1,800,000 1,800,000 1,500,921 1,500,921 299,079 299,079 (183,495) (183,495) (183,495) 370,073 186,578 (183,495) (37,202) (220,697) Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) 407,275 407,275 157 $ 407,275 407,275 $ $ $ (546,621) 48,064 15,983 (482,574) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual County Attorney Drug Diversion Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Fines and forfeits Miscellaneous Total revenues $ $ EXPENDITURES Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 1,982,201 1,982,201 158 $ 830,000 ACTUAL AMOUNTS $ 830,000 612,766 44,695 657,461 1,000,000 1,000,000 943,231 943,231 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (217,234) 44,695 (172,539) 56,769 56,769 (170,000) (285,770) (115,770) (170,000) 1,982,201 1,812,201 (285,770) 1,569,137 1,283,367 (115,770) (413,064) (528,834) $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual County Attorney Fill the Gap Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures 442,216 $ 840,000 442,216 840,000 442,216 840,000 442,216 840,000 ACTUAL AMOUNTS $ Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ $ 159 $ 1,599,142 425,289 39,011 2,063,442 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 759,142 425,289 39,011 1,223,442 782,769 160 782,929 57,231 (160) 57,071 1,280,513 1,280,513 1,280,513 1,280,513 1,280,513 $ 1,280,513 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual County Attorney Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Total revenues $ EXPENDITURES Current: Public safety Total expenditures 4,859,485 4,859,485 $ 4,859,485 4,859,485 5,227,344 5,227,344 ACTUAL AMOUNTS $ 5,227,344 5,227,344 $ $ 160 $ 5,147,994 5,147,994 Deficiency of revenues under expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 5,004,359 5,004,359 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (222,985) (222,985) 79,350 79,350 (143,635) (143,635) (143,635) (310,373) (454,008) (143,635) (310,373) (454,008) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual County Attorney Victim Compensation and Assistance Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 57,309 $ 110,309 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (110,309) 43,467 5,249 (61,593) 57,309 110,309 43,467 5,249 48,716 75,000 75,000 128,000 128,000 63,184 63,184 64,816 64,816 (17,691) (17,691) (14,468) 3,223 (17,691) 91,144 73,453 (17,691) 91,144 73,453 (14,468) 127,983 113,515 3,223 36,839 40,062 161 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual County Attorney Victim Compensation and Restitution Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending $ $ ACTUAL AMOUNTS 75,437 75,437 75,437 75,437 300,000 34,859 334,859 200,000 200,000 300,000 300,000 148,611 148,611 151,389 151,389 (124,563) (224,563) 186,248 410,811 (124,563) 216,772 92,209 (224,563) 216,772 (7,791) 186,248 276,050 462,298 410,811 59,278 470,089 162 $ $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ 300,000 (40,578) 259,422 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Court Automation Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures $ $ 728,247 $ 681,817 $ (46,430) 2,729 730,976 3,683 685,500 954 (45,476) 595,296 784,140 774,140 10,000 784,140 595,296 178,844 10,000 188,844 (53,164) (53,164) 90,204 143,368 (53,164) 188,672 135,508 (53,164) 188,672 135,508 90,204 184,684 274,888 143,368 (3,988) 139,380 784,140 Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 728,247 1,000 1,729 730,976 ACTUAL AMOUNTS VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) 163 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Document Retrieval Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 1,115,551 12,378 1,127,929 $ 1,115,551 12,378 1,127,929 ACTUAL AMOUNTS $ 1,023,678 4,012 1,027,690 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (91,873) (8,366) (100,239) 1,457,254 50,000 1,507,254 1,457,988 49,266 1,507,254 1,221,631 1,221,631 236,357 49,266 285,623 (379,325) (379,325) (193,941) 185,384 (379,325) 516,811 137,486 (379,325) 516,811 137,486 (193,941) 401,580 207,639 185,384 (115,231) 70,153 164 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Domestic Relations Education Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 138,597 4,002 142,599 $ 138,597 4,002 142,599 ACTUAL AMOUNTS $ 171,579 4,620 176,199 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 32,982 618 33,600 124,689 124,689 124,689 124,689 315,326 315,326 (190,637) (190,637) 17,910 17,910 (139,127) (157,037) 17,910 254,639 272,549 17,910 254,639 272,549 (139,127) 284,220 145,093 (157,037) 29,581 (127,456) 165 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Economic Development Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 65,000 3,606,068 3,671,068 $ 65,000 1,747,564 1,812,564 ACTUAL AMOUNTS $ 8,729 8,878 17,607 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (56,271) (1,738,686) (1,794,957) 3,906,314 3,906,314 635,703 635,703 7,114 7,114 628,589 628,589 (235,246) 1,176,861 10,493 (1,166,368) (235,246) 265,402 30,156 1,176,861 265,402 1,442,263 10,493 402,248 412,741 (1,166,368) 136,846 (1,029,522) 166 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Emergency Management Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 463,846 1,500 465,346 465,346 10,825 653,411 178,740 (1,500) 10,825 188,065 829,447 20,000 849,447 804,447 45,000 849,447 628,115 25,296 653,411 176,332 19,704 196,036 (384,101) (384,101) 384,101 (384,101) 413,811 29,710 (384,101) 413,811 29,710 384,101 (413,811) (29,710) 167 $ $ 463,846 1,500 ACTUAL AMOUNTS $ $ 642,586 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Environmental Services Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending $ 4,850,000 500,000 88,000 5,438,000 782,128 186,479 5,783,807 4,430,279 3,997 4,761 790,343 213,998 5,443,378 4,786,227 133,900 4,920,127 5,202,854 133,900 5,336,754 5,194,539 129,671 5,324,210 8,315 4,229 12,544 517,873 447,053 119,168 (327,885) (1,393,570) (1,393,570) (1,393,570) (1,393,570) (1,251,419) (1,251,419) 142,151 142,151 (875,697) 3,876,897 3,001,200 (946,517) 3,876,897 2,930,380 (1,132,251) 3,891,782 2,759,531 (185,734) 14,885 (170,849) 168 $ $ 4,815,200 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ (384,921) 3,997 4,761 8,215 27,519 (340,429) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Environmental Services Environmental Health Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Licenses and permits Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures 6,881,766 472,000 6,000 921,000 8,280,766 $ 7,055,368 523,856 3,000 1,005,456 8,587,680 ACTUAL AMOUNTS $ 7,366,974 539,193 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 1,022,905 8,929,072 311,606 15,337 (3,000) 17,449 341,392 7,986,256 86,000 8,072,256 8,293,170 86,000 8,379,170 8,649,376 45,779 8,695,155 (356,206) 40,221 (315,985) 208,510 208,510 233,917 25,407 OTHER FINANCING USES Transfers out Total other financing uses (1,606,072) (1,606,072) (1,606,072) (1,606,072) (1,251,419) (1,251,419) 354,653 354,653 Net change in fund balances Fund balance – beginning Fund balance – ending (1,397,562) 2,706,520 1,308,958 (1,397,562) 2,706,520 1,308,958 (1,017,502) 2,872,443 1,854,941 380,060 165,923 545,983 Excess of revenues over expenditures $ 169 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Environmental Services Grant Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 3,719,080 3,719,080 3,742,049 1,730,060 6,939 1,736,999 3,652,997 3,652,997 3,667,983 7,983 3,675,966 3,452,841 176,631 3,629,472 66,083 66,083 (66,083) (66,083) (66,083) (66,083) $ $ $ 170 3,742,049 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (2,011,989) 6,939 (2,005,050) 215,142 (168,648) 46,494 (1,892,473) (1,958,556) 66,083 66,083 $ (1,892,473) (945,378) (2,837,851) $ (1,892,473) (945,378) (2,837,851) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Expedited Child Support Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Total expenditures $ ACTUAL AMOUNTS $ 394,427 5,142 399,569 394,427 5,142 399,569 25,392 394,631 3,523 423,546 399,569 399,569 399,569 399,569 396,327 396,327 3,242 3,242 27,219 27,219 27,219 236,108 263,327 27,219 (122,251) (95,032) Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) 358,359 358,359 171 $ 358,359 358,359 $ $ $ 25,392 204 (1,619) 23,977 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Flood Control Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Taxes Licenses and permits Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Decrease in reserve for inventory of supplies Fund balance – ending $ 45,002,454 1,800,700 15,073,000 9,155,700 71,031,854 $ 45,002,454 1,800,700 15,073,000 9,155,700 71,031,854 ACTUAL AMOUNTS $ 44,302,535 1,759,324 14,482,555 15,438,561 75,982,975 VARIANCE WITH FINAL BUDGET POSITIVE (NEGATIVE) $ (699,919) (41,376) (590,445) 6,282,861 4,951,121 19,999,142 685,750 20,684,892 20,186,431 698,461 20,884,892 20,529,425 437,179 20,966,604 (342,994) 261,282 (81,712) 50,346,962 50,146,962 55,016,371 4,869,409 (50,122,858) (50,122,858) (49,922,858) (49,922,858) (40,772,770) (40,772,770) 9,150,088 9,150,088 224,104 8,809,114 224,104 8,809,114 14,243,601 18,922,990 (3,001) 33,163,590 14,019,497 10,113,876 (3,001) 24,130,372 9,033,218 172 $ 9,033,218 $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual General Government Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending 17,766,301 $ 17,766,301 ACTUAL AMOUNTS $ $ 17,766,301 17,766,301 257,624 257,624 17,766,301 17,766,301 257,624 (17,766,301) (17,766,301) (18,044,306) (18,044,306) (18,044,306) (18,044,306) (278,005) (17,786,682) 18,140,140 353,458 $ $ 173 (278,005) $ VARIANCE WITH FINAL BUDGET POSITIVE (NEGATIVE) $ (17,766,301) 257,624 (17,508,677) (17,508,677) (17,508,677) 18,140,140 631,463 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Housing Department Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Debt service – principal retirement Debt service – interest Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending 11,435,849 $ 11,435,849 11,435,849 11,435,849 9,756,873 9,756,873 1,605,672 11,362,545 ACTUAL AMOUNTS $ 14,891,544 1,189,185 25,007 16,105,736 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 3,455,695 1,189,185 25,007 4,669,887 1,605,672 11,362,545 13,939,956 127,726 118,067 1,691,011 15,876,760 (4,183,083) (127,726) (118,067) (85,339) (4,514,215) 73,304 73,304 228,976 155,672 (73,304) (73,304) (73,304) (73,304) $ $ 174 73,304 73,304 $ 228,976 1,693,422 1,922,398 $ 228,976 1,693,422 1,922,398 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Human Services Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures 29,599,739 $ 33,821,998 ACTUAL AMOUNTS $ 29,599,739 33,821,998 32,355,481 65,228 32,420,709 28,853,739 746,000 29,599,739 32,985,664 836,334 33,821,998 32,991,193 621,555 33,612,748 Deficiency of revenues under expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending $ $ 175 $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (1,466,517) 65,228 (1,401,289) (5,529) 214,779 209,250 (1,192,039) (1,192,039) (1,192,039) (2,245,722) (3,437,761) (1,192,039) (2,245,722) (3,437,761) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Juror Improvement Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 200,000 200,000 $ 200,000 200,000 ACTUAL AMOUNTS 200,000 200,000 $ 200,000 200,000 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 250 250 176 $ 250 250 $ 60,577 60,577 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (139,423) (139,423) 1,649 1,649 198,351 198,351 58,928 58,928 58,928 58,928 (250) 58,678 58,928 $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Justice Court Enhancement Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 458,431 7,803 466,234 $ 458,431 7,803 466,234 ACTUAL AMOUNTS $ 442,059 17,111 459,170 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 445,002 18,898 463,900 445,002 18,898 463,900 2,334 2,334 (4,667) (7,001) 2,334 143,570 145,904 2,334 143,570 145,904 (4,667) 592,112 587,445 (7,001) 448,542 441,541 177 $ 463,837 (16,372) 9,308 (7,064) (18,835) 18,898 63 463,837 $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Justice Court Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 247,769 3,731 251,500 $ 251,500 251,500 189,641 3,731 193,372 ACTUAL AMOUNTS $ 193,372 193,372 111,847 4,081 115,928 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 115,928 115,928 77,444 77,444 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ $ 178 $ (77,794) 350 (77,444) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Justice Court Judicial Enhancement Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ $ ACTUAL AMOUNTS 2,102 535,000 15,117 552,219 2,102 535,000 15,117 552,219 535,024 57,135 730,098 137,939 (2,102) 24 42,018 177,879 551,873 208,000 759,873 575,003 208,000 783,003 80,404 14,999 95,403 494,599 193,001 687,600 (207,654) (230,784) 634,695 865,479 (207,654) 608,172 400,518 (230,784) 608,172 377,388 634,695 1,097,226 1,731,921 865,479 489,054 1,354,533 179 $ $ $ 137,939 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Juvenile Court Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 17,852,661 $ 18,077,822 ACTUAL AMOUNTS $ 17,852,661 18,077,822 14,137,932 24 6,787 14,144,743 17,852,661 17,852,661 18,077,822 18,077,822 14,816,482 14,816,482 Deficiency of revenues under expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending $ $ 180 $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (3,939,890) 24 6,787 (3,933,079) 3,261,340 3,261,340 (671,739) (671,739) 89,792 (3,333) 86,459 89,792 (3,333) 86,459 (585,280) (390,219) (975,499) (585,280) (390,219) (975,499) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Juvenile Probation Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2002 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 901,479 901,479 901,479 923,460 16,347 939,807 1,154,482 1,154,482 1,154,482 1,154,482 778,398 778,398 376,084 376,084 (253,003) (253,003) 161,409 414,412 (253,003) 587,732 334,729 (253,003) 587,732 334,729 161,409 750,559 911,968 414,412 162,827 577,239 181 $ $ 901,479 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ 21,981 16,347 38,328 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Juvenile Probation Diversion Fees Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 268,425 268,425 268,425 248,621 10,134 258,755 342,425 342,425 342,425 342,425 183,486 183,486 158,939 158,939 (74,000) (74,000) 75,269 149,269 (74,000) 244,307 170,307 (74,000) 244,307 170,307 75,269 298,952 374,221 149,269 54,645 203,914 182 $ $ 268,425 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ (19,804) 10,134 (9,670) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Juvenile Restitution Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures $ ACTUAL AMOUNTS $ 50,000 50,000 50,000 50,000 31,812 5,786 37,598 50,000 50,000 50,000 50,000 1,144 1,144 48,856 48,856 36,454 36,454 36,454 13,749 50,203 36,454 2,168 38,622 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) 11,581 11,581 183 $ 11,581 11,581 $ $ $ 31,812 (44,214) (12,402) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Law Library Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 780,996 571 22,943 804,510 $ 780,996 571 22,943 804,510 ACTUAL AMOUNTS $ 773,527 2,878 81,792 858,197 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (7,469) 2,307 58,849 53,687 800,000 800,000 800,000 800,000 788,435 788,435 11,565 11,565 4,510 4,510 69,762 65,252 4,510 345,516 350,026 4,510 345,516 350,026 69,762 126,856 196,618 65,252 (218,660) (153,408) 184 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Legal Defender Fill the Gap Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 40,000 $ 40,000 ACTUAL AMOUNTS $ 40,000 40,000 40,000 339 40,339 40,000 40,000 40,000 40,000 34,040 34,040 5,960 5,960 6,299 6,299 6,299 6,299 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ 185 $ 6,299 $ 339 339 $ 6,299 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Library Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Taxes Licenses and permits Intergovernmental Fines and forfeits Miscellaneous Total revenues $ 12,000 260,000 292,467 11,049,969 10,485,502 35,207 12,000 260,000 326,608 11,119,317 10,858,177 22,600 10,880,777 11,935,825 142,600 12,078,425 169,192 OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures $ 10,485,502 6,802 339,099 311,037 11,026,018 (116,422) (35,207) (5,198) 79,099 (15,571) (93,299) 12,215,763 239,786 12,455,549 (279,938) (97,186) (377,124) (959,108) (1,429,531) (470,423) (1,696,966) (1,696,966) (1,696,966) (1,696,966) (2,147) (2,147) 1,694,819 1,694,819 (1,527,774) 5,269,839 3,742,065 (2,656,074) 5,269,839 2,613,765 (1,431,678) 6,897,305 5,465,627 1,224,396 1,627,466 2,851,862 186 $ ACTUAL AMOUNTS $ $ $ 10,369,080 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Library Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures 25,000 $ 203,040 25,000 203,040 25,000 203,040 25,000 203,040 ACTUAL AMOUNTS $ Excess of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending $ $ 187 $ 163,527 2,092 165,619 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (39,513) 2,092 (37,421) 142,615 13,648 156,263 60,425 (13,648) 46,777 9,356 9,356 9,356 (37,315) (27,959) $ 9,356 (37,315) (27,959) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Old Courthouse Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: General government Total expenditures 10,000 10,000 $ 10,000 10,000 10,000 10,000 ACTUAL AMOUNTS $ $ 6,140 6,140 188 $ 10,000 10,000 $ 6,140 6,140 (9,778) (9,778) 10,000 10,000 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 222 222 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 222 222 222 8,458 8,680 222 2,318 2,540 $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Palo Verde Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 201,313 $ 201,313 ACTUAL AMOUNTS $ 201,313 3,109 204,422 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 3,109 3,109 201,313 201,313 237,335 163,209 237,335 222,335 15,000 237,335 163,209 59,126 15,000 74,126 (36,022) (36,022) 41,213 77,235 (36,022) 68,143 32,121 (36,022) 68,143 32,121 41,213 154,327 195,540 77,235 86,184 163,419 189 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Parks and Recreation Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 128,391 $ 128,391 ACTUAL AMOUNTS $ 42,780 4,275 47,055 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (85,611) 4,275 (81,336) 128,391 128,391 381,926 35,000 416,926 261,926 35,000 296,926 191,258 191,258 70,668 35,000 105,668 (288,535) (168,535) (144,203) 24,332 (288,535) 288,535 (168,535) 288,535 120,000 (144,203) 284,346 140,143 24,332 (4,189) 20,143 $ $ 190 $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Parks Donations Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Culture and recreation Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ $ ACTUAL AMOUNTS 372,000 372,000 372,000 372,000 2,866 161,655 164,521 331,500 331,500 117,500 117,500 27,241 27,241 90,259 90,259 40,500 254,500 137,280 (117,220) 40,500 613,393 653,893 254,500 613,393 867,893 137,280 669,309 806,589 (117,220) 55,916 (61,304) 191 $ $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ 2,866 (210,345) (207,479) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Parks Enhancement Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures 1,445,200 $ 539,676 1,984,876 604,676 1,984,876 1,595,435 1,000 691,596 2,288,031 2,006,885 409,000 2,415,885 2,006,885 409,000 2,415,885 1,858,703 365,794 2,224,497 148,182 43,206 191,388 (431,009) (431,009) 63,534 494,543 17,000 17,000 21,142 21,142 4,142 4,142 (414,009) 964,543 550,534 84,676 1,611,730 1,696,406 498,685 647,187 1,145,872 OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending $ (431,009) 964,543 533,534 192 $ 1,380,200 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ 215,235 1,000 86,920 303,155 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Parks Lake Pleasant Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending $ 1,225,000 257,000 1,482,000 257,000 1,482,000 1,221,901 50 99,609 1,321,560 1,303,259 2,689,490 3,992,749 1,303,259 3,009,490 4,312,749 1,426,802 2,833,645 4,260,447 (123,543) 175,845 52,302 (2,510,749) (2,830,749) (2,938,887) (108,138) (98,019) (98,019) (98,019) (98,019) (98,019) (98,019) (2,608,768) 3,895,934 1,287,166 (2,928,768) 3,895,934 967,166 (3,036,906) 4,546,200 1,509,294 193 $ $ 1,225,000 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ (3,099) 50 (157,391) (160,440) (108,138) 650,266 542,128 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Parks Souvenir Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: Culture and recreation Total expenditures 35,000 35,000 $ 21,000 21,000 Excess of revenues over expenditures $ 35,000 35,000 $ 14,000 30,279 44,279 194 $ 47,486 47,486 $ 12,486 12,486 26,344 26,344 8,656 8,656 21,142 21,142 (17,000) (17,000) (21,142) (21,142) (4,142) (4,142) (17,000) 30,279 13,279 24,999 24,999 17,000 (5,280) 11,720 14,000 OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending 35,000 35,000 ACTUAL AMOUNTS VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Parks Spur Cross Ranch Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 375,000 1,600 41,000 417,600 $ 401,952 1,600 14,048 417,600 ACTUAL AMOUNTS $ 410,000 12,169 1,946 424,115 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 8,048 10,569 (12,102) 6,515 230,553 185,000 415,553 230,553 185,000 415,553 193,747 119,795 313,542 36,806 65,205 102,011 2,047 2,047 110,573 108,526 2,047 47,248 49,295 2,047 47,248 49,295 110,573 66,522 177,095 108,526 19,274 127,800 195 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Planning and Development Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Licenses and permits Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending $ 6,009,000 1,884,000 3,000 419,000 8,315,000 $ 6,009,000 1,884,000 3,000 419,000 8,315,000 ACTUAL AMOUNTS $ 9,061,741 2,794,026 2,230 299,246 12,157,243 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 3,052,741 910,026 (770) (119,754) 3,842,243 7,772,863 308,600 8,081,463 7,772,863 308,600 8,081,463 7,299,380 241,923 7,541,303 473,483 66,677 540,160 233,537 233,537 4,615,940 4,382,403 (257,541) (257,541) (257,541) (257,541) (33,407) (33,407) 224,134 224,134 (24,004) 7,288,442 7,264,438 (24,004) 7,288,442 7,264,438 4,582,533 8,170,803 12,753,336 4,606,537 882,361 5,488,898 196 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Planning Project Fees Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Licenses and permits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 175,000 175,000 175,000 212,100 7,409 219,509 133,864 133,864 133,864 133,864 111,685 111,685 22,179 22,179 41,136 41,136 107,824 66,688 41,136 15,953 57,089 41,136 15,953 57,089 107,824 325,206 433,030 66,688 309,253 375,941 197 $ $ 175,000 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ 37,100 7,409 44,509 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Probate Programs Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 386,917 1,659 388,576 $ 388,576 388,576 386,917 1,659 388,576 ACTUAL AMOUNTS $ 388,576 388,576 Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 157,894 157,894 198 $ 157,894 157,894 $ 367,244 1,810 369,054 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (19,673) 151 (19,522) 407,798 407,798 (19,222) (19,222) (38,744) (38,744) (38,744) 154,695 115,951 (38,744) (3,199) (41,943) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Public Defender Fill the Gap Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Total revenues $ EXPENDITURES Current: Public safety Total expenditures 815,868 $ 904,788 ACTUAL AMOUNTS $ 815,868 904,788 347,525 560,237 907,762 815,868 815,868 904,788 904,788 849,883 849,883 54,905 54,905 57,879 57,879 57,879 155,000 212,879 57,879 155,000 212,879 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ 199 $ $ $ (557,263) 560,237 2,974 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Public Defender Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Total revenues $ EXPENDITURES Current: Public safety Total expenditures 405,511 405,511 $ 405,511 405,511 405,511 405,511 ACTUAL AMOUNTS $ 405,511 405,511 $ $ 200 $ 373,658 373,658 Deficiency of revenues under expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 304,971 304,971 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (100,540) (100,540) 31,853 31,853 (68,687) (68,687) (68,687) (50,886) (119,573) (68,687) (50,886) (119,573) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Public Defender Training Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 395,842 9,000 404,842 $ 404,842 404,842 395,842 9,000 404,842 ACTUAL AMOUNTS $ 404,842 404,842 Excess of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance – ending $ 130,362 130,362 201 $ 130,362 130,362 $ 500,646 10,379 511,025 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 104,804 1,379 106,183 386,907 386,907 17,935 17,935 124,118 124,118 124,118 (78,623) 45,495 124,118 (208,985) (84,867) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Public Health Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Decrease in reserve for inventories Fund balance (deficit) – ending 20,999,456 60,000 $ 43,417,076 159,400 ACTUAL AMOUNTS $ 21,059,456 43,576,476 35,483,796 36,508 165,444 35,685,748 20,615,078 20,615,078 42,407,868 81,663 42,489,531 37,033,476 121,703 37,155,179 444,378 1,086,945 (1,469,431) (2,556,376) (577,348) (577,348) (1,086,945) (1,086,945) (125,370) (125,370) 961,575 961,575 (1,594,801) 1,534,054 (755,376) (816,123) (1,594,801) 1,534,054 (755,376) (816,123) (132,970) $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) (132,970) 202 $ $ $ (7,933,280) (122,892) 165,444 (7,890,728) 5,374,392 (40,040) 5,334,352 $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Public Health Pharmacy Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ $ $ 3,193,266 EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures 3,274,527 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) $ 1,287,552 203 $ $ (386,373) 6,045 (380,328) 224,655 (5,850) 218,805 (81,261) (242,784) (161,523) 45,000 (241,556) (196,556) 53,594 8,594 241,556 250,150 53,594 (277,817) 1,287,552 1,287,552 2,806,893 6,045 2,812,938 3,049,872 5,850 3,055,722 3,274,527 Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Increase in reserve for inventories Fund balance – ending 3,193,266 ACTUAL AMOUNTS VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) 1,009,735 $ (189,190) 1,403,839 14,553 1,229,202 $ 88,627 116,287 14,553 219,467 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Recorder’s Surcharge Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: General government Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 3,532,800 111,588 3,644,388 $ 3,532,800 111,588 3,644,388 ACTUAL AMOUNTS $ 6,335,344 109,307 6,444,651 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 2,802,544 (2,281) 2,800,263 4,410,524 335,000 4,745,524 4,410,524 335,000 4,745,524 3,508,599 959,685 4,468,284 901,925 (624,685) 277,240 (1,101,136) (1,101,136) 1,976,367 3,077,503 (1,101,136) 2,153,591 1,052,455 (1,101,136) 2,153,591 1,052,455 1,976,367 3,784,442 5,760,809 3,077,503 1,630,851 4,708,354 204 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Research and Reporting Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: General government Total expenditures 440,000 440,000 $ 440,000 440,000 ACTUAL AMOUNTS $ 323,483 323,483 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (116,517) (116,517) 375,021 375,021 375,021 375,021 336,714 336,714 38,307 38,307 64,979 64,979 (13,231) (78,210) OTHER FINANCING USES Transfers out Total other financing uses (71,601) (71,601) (71,601) (71,601) (845) (845) 70,756 70,756 Net change in fund balances Fund balance – beginning Fund balance – ending (6,622) 243,638 237,016 (6,622) 243,638 237,016 (14,076) 137,417 123,341 (7,454) (106,221) (113,675) Excess (deficiency) of revenues over expenditures $ 205 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual RICO Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures 49,998 1,250,002 1,300,000 $ 1,000,004 299,996 1,300,000 49,998 1,250,002 1,300,000 ACTUAL AMOUNTS $ 1,000,004 299,996 1,300,000 602,148 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 602,148 552,150 (1,250,002) (697,852) 556,015 46,133 602,148 443,989 253,863 697,852 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ $ 206 $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Sheriff Donations Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 16,400 16,400 $ 16,400 16,400 16,400 16,400 ACTUAL AMOUNTS $ 16,400 16,400 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 15,498 15,498 207 $ 15,498 15,498 $ 12,464 12,464 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (3,936) (3,936) 3,537 3,537 12,863 12,863 8,927 8,927 8,927 13,621 22,548 8,927 (1,877) 7,050 $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Sheriff Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ 6,706,367 $ 6,706,367 EXPENDITURES Current: Public safety Capital outlay Total expenditures 6,706,368 $ 6,104,455 601,912 6,706,367 6,706,368 Deficiency of revenues under expenditures 6,706,351 16 6,706,367 ACTUAL AMOUNTS (1) (1) $ (1) 208 $ $ 4,958,861 653,642 5,612,503 OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 5,199,037 4,292 5,203,329 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (1,507,314) 4,276 (1,503,038) 1,145,594 (51,730) 1,093,864 (409,174) (409,174) (478) (478) (478) (478) (409,652) (206,039) (615,691) (409,652) (206,039) (615,691) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Sheriff Inmate Health Services Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 55,000 1,800 56,800 $ 55,000 1,800 56,800 156,800 156,800 156,800 ACTUAL AMOUNTS $ 50,848 1,538 52,386 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (4,152) (262) (4,414) 156,800 100,666 23,657 124,323 56,134 (23,657) 32,477 (100,000) (100,000) (71,937) 28,063 (100,000) 100,000 (100,000) 100,000 (71,937) 98,738 26,801 28,063 (1,262) 26,801 $ $ 209 $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Sheriff Special Funding Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 8,565,140 8,565,140 $ 8,565,140 8,565,140 ACTUAL AMOUNTS $ 9,883,167 9,883,167 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 1,318,027 1,318,027 7,885,688 665,000 8,550,688 7,885,688 665,000 8,550,688 7,190,675 3,768 7,194,443 695,013 661,232 1,356,245 14,452 14,452 2,688,724 2,674,272 14,452 2,207,007 2,221,459 14,452 2,207,007 2,221,459 2,688,724 1,190,676 3,879,400 2,674,272 (1,016,331) 1,657,941 210 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Stadium District Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: Culture and recreation Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending $ 100,000 100,000 $ 100,000 100,000 ACTUAL AMOUNTS $ 51,416 51,416 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (48,584) (48,584) 109,371 109,371 109,371 109,371 30,512 30,512 78,859 78,859 (9,371) (9,371) 20,904 30,275 200,000 200,000 200,000 200,000 190,629 4,140,222 4,330,851 190,629 4,140,222 4,330,851 211 $ (200,000) (200,000) $ 20,904 2,174,304 2,195,208 $ (169,725) (1,965,918) (2,135,643) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Superior Court Fill the Gap Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures 958,040 $ 1,525,688 958,040 1,525,688 958,040 1,484,690 41,000 1,525,690 958,040 Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending ACTUAL AMOUNTS $ $ 212 $ 1,313,049 6,640 1,319,689 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 1,375,369 (212,639) 6,640 (205,999) 109,321 41,000 150,321 1,375,369 (2) (55,680) (55,678) (2) (55,680) 125,478 69,798 (55,678) 125,478 69,800 (2) $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Superior Court Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures 1,354,122 1,878 1,356,000 $ 1,356,000 1,356,000 1,354,122 1,878 1,356,000 ACTUAL AMOUNTS $ 1,356,000 1,356,000 $ $ 213 $ 1,218,936 1,218,936 Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending 1,158,888 576 1,159,464 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (195,234) (1,302) (196,536) 137,064 137,064 (59,472) (59,472) (59,472) (59,472) (59,472) $ (59,472) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Superior Court Judicial Enhancement Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures $ 825,904 25,377 851,281 (323,505) (190,310) 3,817 (509,998) 1,852,990 1,767,990 85,000 1,852,990 704,437 9,228 713,665 1,063,553 75,772 1,139,325 (491,711) (491,711) 137,616 629,327 (491,711) 611,259 119,548 (491,711) 611,259 119,548 137,616 1,142,008 1,279,624 629,327 530,749 1,160,076 1,852,990 Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 323,505 1,014,650 23,124 1,361,279 $ 214 $ 323,505 1,016,214 21,560 1,361,279 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Superior Court Special Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Capital outlay Total expenditures $ 3,193,356 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 1,231,214 1,769,034 206,750 3,206,998 $ 1,231,214 1,769,034 206,750 3,206,998 ACTUAL AMOUNTS $ 1,019,958 2,323,413 25,949 3,369,320 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (211,256) 554,379 (180,801) 162,322 3,193,356 3,148,356 45,000 3,193,356 2,832,640 5,330 2,837,970 315,716 39,670 355,386 13,642 13,642 531,350 517,708 13,642 907,155 920,797 13,642 907,155 920,797 531,350 784,907 1,316,257 517,708 (122,248) 395,460 215 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Transportation Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Licenses and permits Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Highways and streets Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Increase in reserve for inventory of supplies Fund balance – ending $ 1,700,000 85,993,288 703,600 88,396,888 $ 1,700,000 85,993,288 703,600 88,396,888 ACTUAL AMOUNTS $ 1,563,228 89,491,592 1,635,739 92,690,559 VARIANCE WITH FINAL BUDGET POSITIVE (NEGATIVE) $ (136,772) 3,498,304 932,139 4,293,671 42,638,945 2,976,977 45,615,922 42,584,097 3,031,825 45,615,922 43,562,564 2,038,189 45,600,753 (978,467) 993,636 15,169 42,780,966 42,780,966 47,089,806 4,308,840 (54,925,005) (54,925,005) (54,925,005) (54,925,005) (48,430,786) (48,430,786) 6,494,219 6,494,219 (12,144,039) 13,525,279 (12,144,039) 13,525,279 (1,340,980) 31,053,721 76,989 29,789,730 10,803,059 17,528,442 76,989 28,408,490 1,381,240 216 $ 1,381,240 $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Transportation Grants Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Total revenues $ EXPENDITURES Current: Highways and streets Capital outlay Total expenditures 682,000 682,000 $ 682,000 682,000 682,000 682,000 682,000 682,000 ACTUAL AMOUNTS $ Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending $ $ 217 $ 550,127 550,127 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (131,873) (131,873) 663,550 18,432 681,982 18,450 (18,432) 18 (131,855) (131,855) (131,855) (131,855) (131,855) $ (131,855) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Victim Location Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 16,161 16,161 $ 16,161 16,161 ACTUAL AMOUNTS $ 7,958 7,958 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (8,203) (8,203) 40,714 40,714 40,714 40,714 15,126 15,126 25,588 25,588 (24,553) (24,553) (7,168) 17,385 (24,553) 81,670 57,117 (24,553) 81,670 57,117 (7,168) 91,829 84,661 17,385 10,159 27,544 218 $ $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Waste Tire Program Fund - Special Revenue Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending $ 3,300,000 140,050 3,440,050 $ 3,300,000 140,050 3,440,050 ACTUAL AMOUNTS $ 2,936,602 233,087 3,169,689 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (363,398) 93,037 (270,361) 3,315,852 3,315,852 3,315,852 3,315,852 2,562,481 2,562,481 753,371 753,371 124,198 124,198 607,208 483,010 (156,663) (156,663) (156,663) (156,663) (116,608) (116,608) 40,055 40,055 (32,465) 3,809,755 3,777,290 (32,465) 3,809,755 3,777,290 219 $ $ 490,600 4,001,244 4,491,844 $ 523,065 191,489 714,554 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Stadium District Fund – Debt Service Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Taxes Miscellaneous Total revenues $ EXPENDITURES Debt service: Principal Interest Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending $ 5,500,800 100,000 5,600,800 $ 5,500,800 100,000 5,600,800 ACTUAL AMOUNTS $ 5,240,032 325,769 5,565,801 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (260,768) 225,769 (34,999) 1,000,000 3,040,094 4,040,094 1,000,000 3,040,094 4,040,094 1,000,000 2,945,548 3,945,548 94,546 94,546 1,560,706 1,560,706 1,620,253 59,547 (200,000) (200,000) (200,000) (200,000) 1,360,706 1,360,706 1,360,706 220 $ 1,360,706 200,000 200,000 $ 1,620,253 7,038,118 8,658,371 $ 259,547 7,038,118 7,297,665 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Bank One Ballpark Project Reserve Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ 210,000 210,000 210,000 210,000 96,555 75,778 172,333 3,000 3,000 3,000 3,000 2,500 2,500 500 500 207,000 207,000 169,833 (37,167) OTHER FINANCING SOURCES Transfers in Total other financing sources 1,524,018 1,524,018 1,844,018 1,844,018 1,813,912 1,813,912 (30,106) (30,106) Net change in fund balances Fund balance – beginning Fund balance – ending 1,731,018 6,320,541 8,051,559 2,051,018 6,320,541 8,371,559 1,983,745 6,121,090 8,104,835 (67,273) (199,451) (266,724) EXPENDITURES Capital outlay Total expenditures Excess of revenues over expenditures $ $ ACTUAL AMOUNTS 221 $ $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ 96,555 (134,222) (37,667) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Flood Control Capital Projects Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL EXPENDITURES Capital outlay Total expenditures $ Deficiency of revenues under expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending $ 48,704,497 48,704,497 $ 48,504,497 48,504,497 ACTUAL AMOUNTS $ 40,772,770 40,772,770 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 7,731,727 7,731,727 (48,704,497) (48,504,497) (40,772,770) 7,731,727 49,000,000 49,000,000 48,800,000 48,800,000 40,772,770 40,772,770 (8,027,230) (8,027,230) 295,503 178,414 473,917 295,503 178,414 473,917 222 $ $ $ (295,503) (178,414) (473,917) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual General Fund County Improvement Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ $ EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning Fund balance – ending $ $ 223 ACTUAL AMOUNTS $ 195,434 195,434 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ 195,434 195,434 11,237,678 11,237,678 988,405 988,405 10,249,273 10,249,273 (11,237,678) (792,971) 10,444,707 36,250,000 36,250,000 36,250,000 (224,916) 36,025,084 (224,916) (224,916) 25,012,322 35,232,113 25,012,322 $ 35,232,113 10,219,791 $ 10,219,791 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Intergovernmental Capital Projects Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending $ 7,000,000 7,000,000 $ 7,000,000 7,000,000 ACTUAL AMOUNTS $ 1,856,136 1,856,136 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (5,143,864) (5,143,864) 21,915,097 21,915,097 21,915,097 21,915,097 5,701,609 5,701,609 16,213,488 16,213,488 (14,915,097) (14,915,097) (3,845,473) 11,069,624 20,865,139 20,865,139 21,143,144 21,143,144 21,143,144 21,143,144 5,950,042 164,699 6,114,741 6,228,047 164,699 6,392,746 17,297,671 466,844 17,764,515 224 $ $ $ 11,069,624 302,145 11,371,769 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Major League Stadium Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Miscellaneous Total revenues $ EXPENDITURES Capital outlay Total expenditures 1,000,000 1,000,000 $ 1,000,000 1,000,000 1,000,000 1,000,000 ACTUAL AMOUNTS $ 1,000,000 1,000,000 $ 3,848 3,848 225 $ 3,848 3,848 $ 90,207 90,207 Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 89,921 89,921 VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ (910,079) (910,079) 909,793 909,793 (286) (286) (286) 286 (286) (3,562) (3,848) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual Transportation Capital Projects Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2003 BUDGETED AMOUNTS ORIGINAL FINAL REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending $ 31,578,721 31,578,721 31,578,721 5,435,884 2,694,879 8,130,763 84,306,743 84,306,743 84,306,743 84,306,743 56,283,784 56,283,784 28,022,959 28,022,959 (52,728,022) (52,728,022) (48,153,021) 4,575,001 53,000,000 53,000,000 53,000,000 53,000,000 48,153,021 48,153,021 (4,846,979) (4,846,979) 271,978 223,620 495,598 271,978 223,620 495,598 226 $ $ 31,578,721 ACTUAL AMOUNTS $ VARIANCE WITH FINAL BUDGETPOSITIVE (NEGATIVE) $ $ $ (26,142,837) 2,694,879 (23,447,958) (271,978) (223,620) (495,598) Financial Section Combining and Individual Fund Statements Nonmajor Enterprise Funds Nonmajor Enterprise Funds Maricopa County Listing of Nonmajor Enterprise Funds Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private enterprises where the intent of the County is that the costs of providing goods and services to the general public on a continuing basis be financed through user charges. This allows for the evaluation of these funds on the same basis as investor-owned enterprises in the same industry. Non-AHCCCS Health Plans - The Non-AHCCCS Health Plans are primarily: • • Health Select - a managed care health plan offered to employees, spouses and their families; Senior Select - a Medicare plan operating under contract with the Federal government. Solid Waste - Solid Waste assists the cities and towns, businesses, and citizens in continuously improving regional waste management systems. This includes an everincreasing focus on reducing the amount of waste generated, maximizing resource recovery, proper management of special wastes, and environmentally sound disposal. 229 Maricopa County Combining Statement of Net Assets Nonmajor Enterprise Funds June 30, 2003 NON-AHCCCS HEALTH PLANS ASSETS Current assets: Cash in bank and on hand Cash and investments held by County Treasurer Receivables: Accounts (net of allowance) Accrued interest Due from other funds Prepaids Miscellaneous Total current assets $ SOLID WASTE $ 824,206 1,626,708 5,236 2,521,958 4,673,624 $ 3,944 15,648,302 9,651,732 1,187,486 63,562 2,639,346 (2,702,908) 1,187,486 Total assets LIABILITIES Current liabilities: Vouchers payable Employee compensation payable Accrued liabilities Medical claims payable Certificates of participation (current portion) Liability for closure and postclosure costs (current portion) Total current liabilities 1,187,486 63,562 2,639,346 (2,702,908) 1,187,486 9,651,732 16,835,788 26,487,520 897,120 4,193 13,873 753,854 63,375 119,996 955,291 901,313 13,873 895,771 8,612,695 63,375 119,996 10,607,023 99,993 8,068,999 8,168,992 99,993 8,068,999 8,168,992 9,124,283 18,776,015 1,024,118 6,687,387 7,711,505 1,024,118 6,687,387 7,711,505 141,917 8,612,695 9,651,732 Noncurrent liabilities: Certificates of participation (net of current portion) Liability for postclosure costs (net of current portion) Total noncurrent liabilities Total liabilities 500 16,425,792 1,626,708 47,508 2,521,958 4,673,624 3,944 25,300,034 42,272 Noncurrent assets: Capital assets: Land Buildings Machinery and equipment Less accumulated depreciation Total noncurrent assets NET ASSETS Invested in capital assets, net of related debt Unrestricted (deficit) Total net assets 500 15,601,586 TOTAL 9,651,732 $ $ 230 $ Maricopa County Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets Nonmajor Enterprise Funds For the Fiscal Year Ended June 30, 2003 NON-AHCCCS HEALTH PLANS OPERATING REVENUES Charges for services Miscellaneous Total operating revenues $ 70,518,591 $ 70,518,591 OPERATING EXPENSES Personal services Supplies Medical services Other services Legal Insurance Leases and rentals Travel and transportation Utilities Depreciation Miscellaneous Total operating expenses 3,075,071 506,067 69,998,699 55,828 50,642 106,470 TOTAL $ 230,004 28,867 823,517 132,832 1,604,472 (1,498,002) (5,984,316) 344,517 (11,376) 333,141 1,271,175 534,104 (11,376) 1,793,903 (1,164,861) (4,190,413) (83,302) (1,248,163) 3,208,421 (83,302) (1,065,294) 14,612 429 10,063 73,866 468,719 75,004,905 (4,486,314) NONOPERATING REVENUES (EXPENSES) Grant revenues Investment income Interest expense Total nonoperating revenues (expenses) 1,460,762 Income (loss) before transfers (3,025,552) 1,271,175 189,587 Transfers in Transfers out Change in net assets 3,208,421 182,869 (182,869) $ $ 231 70,574,419 50,642 70,625,061 3,305,075 534,934 69,998,699 1,069,150 177,481 823,517 147,444 429 10,063 73,866 468,719 76,609,377 1,069,150 177,481 Operating loss Total net assets – beginning Total net assets – ending SOLID WASTE 8,959,668 7,711,505 $ 8,776,799 7,711,505 Maricopa County Combining Statement of Cash Flows Nonmajor Enterprise Funds For the Fiscal Year Ended June 30, 2003 CASH FLOWS FROM OPERATING ACTIVITIES Charges for services Other receipts Payments for goods and services Payments for personal services Net cash provided (used) by operating activities NON-AHCCCS HEALTH PLANS SOLID WASTE $ $ 69,336,170 (77,634,851) (3,075,071) (11,373,752) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Grant receipts Cash transfers from other funds Cash transfers to other funds Net cash provided (used) by noncapital financing activities 55,828 50,642 (635,895) (228,876) (758,301) TOTAL $ 1,271,175 686,463 1,957,638 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Certificates of participation payments Interest payments on long-term debt Net cash used by capital and related financing activities CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends Net cash provided by investing activities 324,354 324,354 Net increase (decrease) in cash and cash equivalents (9,091,760) Cash and cash equivalents, July 1, 2002 Cash and cash equivalents, June 30, 2003 $ RECONCILIATION OF OPERATING LOSS TO NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES Operating loss Adjustments to reconcile operating income to net cash provided (used) by operating activities Depreciation expense Net change in liability for postclosure costs - noncurrent Changes in assets and liabilities: Accounts receivable Prepaids Vouchers payable Employee compensation payable Accrued liabilities Medical claims payable Liability for closure and postclosure costs Net cash provided (used) for operating activities SCHEDULE OF NONCASH INVESTING, CAPITAL AND FINANCING ACTIVITIES Accumulated depreciation from disposed capital assets Machinery and equipment disposed Due from other County funds Transfers from other County funds Deletion of machinery and equipment due to change in capitalization policy Deletion of accumulated depreciation due to change in capitalization policy 232 824,206 (59,151) (11,376) (70,527) (59,151) (11,376) (70,527) 392,891 392,891 717,245 717,245 (9,610,999) 16,121,325 $ (4,486,314) (1,182,421) (4,673,624) (569,161) 15,602,086 $ (11,373,752) $ $ $ 26,037,291 $ 16,426,292 (1,498,002) (5,984,316) 73,866 3,607,793 73,866 3,607,793 404 1,128 592,448 (129,115) (333,117) 2,521,958 (2,521,958) (50,273) 50,273 (83,302) (83,302) 1,271,175 686,463 (83,302) 1,874,336 (519,239) 9,915,966 69,391,998 50,642 (78,270,746) (3,303,947) (12,132,053) (3,535,938) (758,301) 138,231 (138,231) (1,182,421) (4,673,624) (568,757) 1,128 463,333 (333,117) (3,535,938) $ (12,132,053) $ 138,231 (138,231) 2,521,958 (2,521,958) (50,273) 50,273 Financial Section Internal Service Funds Combining and Individual Fund Statements Internal Service Funds Maricopa County Listing of Internal Service Funds Internal Service Funds are used to account for services and commodities provided by one department or agency to other departments or agencies of the County. These services are provided on a cost-reimbursement basis. The following is a listing of the Internal Service Funds reported within Maricopa County. Equipment Services - This fund provides assistance to other Maricopa County departments to ensure quality service to the citizens of Maricopa County by furnishing and maintaining the necessary County mobile equipment in an efficient manner. Telecommunications - This fund provides cost effective voice, data, and radio communications to County employees. Reprographics - This fund provides the County’s printing and duplicating services. Risk Management - This fund supports the comprehensive insurance/self-insurance program, which safeguards County assets and employees by means of a Trust Fund. Personnel skilled in loss control, claims and litigation and workers’ compensation work together to avert risk and conserve the human and financial resources of Maricopa County. Employee Benefits Trust - This fund collects employee and employer contributions for payment of the employees’ dental and short-term disability benefits. Sheriff Warehouse - Sheriff Warehouse tracks inventory activity for supplies purchased by the warehouse for resale and stores consignment inventory for other departments. 235 Maricopa County Combining Statement of Net Assets All Internal Service Funds June 30, 2003 EQUIPMENT SERVICES ASSETS Current assets: Cash in bank and on hand Cash and investments held by County Treasurer Accrued interest Inventories Prepaids Miscellaneous Total current assets $ Noncurrent assets: Restricted assets: Investments held by trustee Capital assets: Buildings Machinery and equipment Less accumulated depreciation Total noncurrent assets 900 TELECOMMUNICATIONS $ 400 3,403,326 250,878 78,814 52,448 304,226 3,482,540 REPROGRAPHICS $ 659,039 1,559 660,598 14,414 323,649 2,646,240 (1,607,028) 1,377,275 768,578 (458,119) 310,459 733,568 4,859,815 971,057 475,417 210,282 4,983 846,881 1,196,922 239,150 4,652 39,094 83,999 39,149 1,520,071 82,895 328,510 22,005 328,510 22,005 1,537,563 1,848,581 104,900 429,342 950,352 249,305 1,873,434 (1,444,092) 429,342 Total assets LIABILITIES Current liabilities: Vouchers payable Employee compensation payable Accrued liabilities Due to other funds Leases payable – current portion Liability for reported and incurred but not reported claims - current portion Total current liabilities 1,537,563 Noncurrent liabilities: Leases payable – (net of current portion) Liability for reported and incurred but not reported claims (net of current portion) Total noncurrent liabilities Total liabilities NET ASSETS Invested in capital assets, net of related debt Restricted for self-insurance Unrestricted (deficit) Total net assets $ 236 (1,233,337) (803,995) $ 2,060,882 3,011,234 $ 616,852 866,157 EMPLOYEE BENEFITS TRUST RISK MANAGEMENT $ 100 27,562,654 74,496 $ 883,523 5,291,542 23,637 SHERIFF WAREHOUSE TOTALS JUNE 30, 2003 $ $ 1,416,852 1,638,064 114,481 768,851 7,082,034 29,275,314 1,416,852 884,923 36,916,561 99,692 1,746,544 1,752,545 821,299 42,221,564 14,414 323,649 5,362,806 (3,571,893) 2,128,976 74,554 (62,654) 11,900 29,287,214 7,082,034 1,416,852 44,350,540 713,737 90,229 1,349,210 16,435 331,684 1,502 676,157 3,756,373 578,755 338,169 1,523,038 123,148 14,372,731 15,176,697 2,446,904 4,127,798 16,819,635 23,139,118 694,094 350,515 26,675,040 26,675,040 $ 26,675,040 27,025,555 41,851,737 4,127,798 11,900 (12,576,423) 2,954,236 (12,564,523) $ 2,954,236 $ 694,094 50,164,673 722,758 722,758 1,640,899 (9,622,187) 2,167,155 (5,814,133) 237 $ Maricopa County Combining Statement of Revenues, Expenses, and Changes in Net Assets All Internal Service Funds For the Fiscal Year Ended June 30, 2003 EQUIPMENT SERVICES OPERATING REVENUES Charges for services Miscellaneous Total operating revenues $ OPERATING EXPENSES Personal services Supplies Other services Legal Insurance Leases and rentals Repairs and maintenance Travel and transportation Utilities Depreciation Total operating expenses Operating income (loss) NONOPERATING REVENUES (EXPENSES) Investment income Interest expense Gain (loss) on disposal of capital assets Total nonoperating revenues (expenses) Income (loss) before contributions and transfers Capital contributions Transfers out Change in net assets Total net assets (deficit) - beginning Total net assets (deficit) – ending $ 238 8,900,814 442,737 9,343,551 TELECOMMUNICATIONS $ 15,697,973 15,140 15,713,113 2,648,009 5,133,871 771,304 2,633,147 965,911 1,190,135 44,853 791,965 33,204 74,224 209,700 9,707,130 (363,579) 1,630,453 1,505,719 30,987 4,925,253 336,532 13,218,137 2,494,976 (36,504) (29,899) (66,403) (429,982) 175 (22,321) (321,713) (343,859) 2,151,117 (429,982) 23,550 (919,330) 1,255,337 (374,013) 1,755,897 (803,995) $ 3,011,234 REPROGRAPHICS $ 1,058,956 EMPLOYEE BENEFITS TRUST RISK MANAGEMENT $ 23,343,431 $ 12,582,861 35,098 12,617,959 1,058,956 23,343,431 420,038 261,272 47,296 1,125,710 474,923 769,064 4,708,769 11,318,729 13,656,513 11,222 18,408,417 4,935,014 13,656,513 (1,038,554) 520,493 195,192 520,493 5,455,507 195,192 (843,362) SHERIFF WAREHOUSE $ 2,341,554 TOTALS JUNE 30, 2003 $ 2,341,554 6,826,904 8,861,562 2,971,828 4,708,769 24,975,242 1,675,306 2,385,516 64,191 4,999,477 666,681 58,135,476 6,283,088 2,025,585 194,029 87,832 109,227 925,665 133,291 2,783 (3,187) 1,400 996 134,287 $ 63,925,589 492,975 64,418,564 2,219,614 121,940 121,940 718,643 (62,012) (350,212) 306,419 6,589,507 134,287 5,455,507 (843,362) 121,940 23,550 (919,330) 5,693,727 731,870 (18,020,030) 3,797,598 600,818 (11,507,860) 866,157 $ (12,564,523) $ 2,954,236 239 $ 722,758 $ (5,814,133) Maricopa County Combining Statement of Cash Flows All Internal Service Funds For the Fiscal Year Ended June 30, 2003 EQUIPMENT SERVICES CASH FLOWS FROM OPERATING ACTIVITIES Charges for services Other receipts Payments for goods and services Payments for personal services Net cash provided (used) by operating activities $ CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Advances from General Fund Interest payments Loan payments to General Fund Net cash provided (used) by noncapital financing activities 8,900,814 390,289 (6,818,573) (2,630,140) (157,610) TELECOMMUNICATIONS $ 846,881 (36,504) (605,818) 204,559 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Purchase of capital assets Capital lease payments Interest payments on long-term debt Proceeds from capital lease Proceeds from sale of capital assets Net cash used by capital and related financing activities RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES: Operating income (loss) Adjustments to reconcile operating income (loss) to net cash provided (used) by operating activities Depreciation expense Liability for reported and incurred but not reported claims - noncurrent Changes in assets and liabilities: Inventories Prepaids Miscellaneous Vouchers payable Employee compensation payable Accrued liabilities Liability for reported and incurred but not reported claims - current Net cash provided (used) for operating activities SCHEDULE OF NONCASH INVESTING, CAPITAL AND FINANCING ACTIVITIES: Accumulated depreciation from disposed capital assets Machinery and equipment disposed (Gain) loss on disposal of capital assets Proceeds from sale of capital assets Capital asset acquired through trade-in Transfer out capital assets to County-wide capital assets Accumulated depreciation transferred to County-wide capital assets Capital assets transferred to County-wide capital assets Capital assets transferred from County-wide capital assets Accumulated depreciation transferred from County-wide capital assets Capital contributions (409,398) (409,210) 240,348 (46,949) (1,348,731) (27,491) (3,939) 440,000 (82,492) (37,656) (3,187) (46,949) (940,161) (123,335) 900 $ 1,058,956 (18,382) Net increase (decrease) in cash and cash equivalents Cash and cash equivalents, June 30, 2003 $ (18,382) CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends Net cash provided by investing activities Cash and cash equivalents, July 1, 2002 15,697,973 15,140 (9,953,327) (2,608,700) 3,151,086 REPROGRAPHICS 900 $ (363,579) 6,723 6,723 1,224 1,224 2,199,266 118,237 1,218,874 540,802 3,418,140 $ 659,039 2,494,976 133,291 209,700 336,532 109,227 (41,046) (13,433) (52,448) 75,145 17,869 (3,251) 308,564 24,447 $ (157,610) $ $ 329,577 (359,476) 29,899 $ 3,151,086 309,539 (631,252) 321,713 (12,998) 10,828 $ 240,348 $ 43,213 (43,213) (1,400) 1,400 919,330 141,032 (1,060,362) 70,781 (47,231) (23,550) 240 EMPLOYEE BENEFITS TRUST RISK MANAGEMENT $ 23,343,431 $ (16,854,350) (1,124,399) 5,364,682 11,814,010 141,493 (15,906,526) SHERIFF WAREHOUSE $ 2,341,554 TOTALS JUNE 30, 2003 $ (2,300,535) (3,951,023) 41,019 676,157 1,523,038 (54,886) (1,556,050) (87,898) (950,232) (274,075) (1,478,172) (65,147) (7,126) 440,000 21,610 (1,088,835) 21,610 21,610 567,889 567,889 $ 230,971 230,971 806,807 806,807 5,932,571 (3,698,442) (233,056) 4,318,576 21,630,183 9,873,507 233,056 33,497,322 27,562,754 $ 4,935,014 6,175,065 $ (1,038,554) $ 121,940 666,681 (3,552,899) (78,941) 862,219 (112,481) (768,851) (3,790,352) 184,524 1,311 $ 2,923,291 5,364,682 37,815,898 6,283,088 11,222 (3,552,899) $ 63,156,738 546,922 (52,242,709) (6,772,449) 4,688,502 $ $ 106,395 1,652,820 (3,951,023) 24,498 (46,108) (2,069) 89 $ 41,019 $ $ $ 21,610 241 (133,420) 749,738 (821,299) (3,237,186) 54,455 103,233 4,576,111 4,688,502 706,827 (1,080,049) 350,212 21,610 1,400 919,330 141,032 (1,060,362) 70,781 (47,231) (23,550) 242 Financial Section Combining and Individual Fund Statements Trust and Agency Funds Trust and Agency Funds Maricopa County Listing of Trust and Agency Funds Trust and Agency Funds are used to account for assets held by the County in a fiduciary capacity or as an agent for individuals, private organizations, other governments and/or other funds. The County maintains Investment Trust Funds to account for investments made by the County on behalf of other governmental entities using the economic resources measurement focus. INVESTMENT TRUST FUNDS Treasurer’s Investment Pool - The Treasurer’s Investment Pool accounts for pooled investments made on behalf of School Districts and other governmental units. Individual Investment Accounts - Individual Investment Accounts record specific investments made on behalf of other governmental units. The County maintains Agency Funds, which are not under the control of the Board of Supervisors. Agency Funds are custodial in nature and do not involve measurement of results of operations. AGENCY FUNDS Property Tax Collection - The Property Tax Collection Fund accounts for property tax receipts prior to apportionment to the taxing governmental units. Special Purpose - The Special Purpose Fund accounts for receipts, which are designated for special purposes and are not related to an individual governmental unit. 245 Maricopa County Combining Statement of Fiduciary Net Assets Investment Trust Funds June 30, 2003 TREASURER’S INVESTMENT POOL ASSETS Cash and investments held by County Treasurer Accrued interest receivable Total assets INDIVIDUAL INVESTMENT ACCOUNTS TOTALS JUNE 30, 2003 $ 1,293,482,059 3,488,376 1,296,970,435 $ $ 1,293,482,059 3,488,376 1,296,970,435 $ 1,296,970,435 $ $ 1,296,970,435 LIABILITIES Total liabilities NET ASSETS Held in trust for investment participation 246 Maricopa County Combining Statement of Fiduciary Net Assets Agency Funds June 30, 2003 PROPERTY TAX COLLECTION ASSETS Cash in bank and on hand Cash and investments held by County Treasurer Receivables Total assets LIABILITIES Due to other governmental units Deposits held for other parties Total liabilities $ SPECIAL PURPOSE $ 13,135,502 $ 13,135,502 $ $ 4,600,250 8,535,252 13,135,502 $ $ 247 $ 28,996,193 39,685,329 1,293,981 69,975,503 TOTALS JUNE 30, 2003 $ $ $ 69,975,503 69,975,503 $ 28,996,193 52,820,831 1,293,981 83,111,005 4,600,250 78,510,755 83,111,005 Maricopa County Combining Statement of Changes in Fiduciary Net Assets Investment Trust Funds For the Fiscal Year Ended June 30, 2003 TREASURER’S INVESTMENT POOL ADDITIONS Contributions from participants Investment income: Interest income Net decrease in fair value of investments Net investment earnings $ Total additions DEDUCTIONS Distributions to participants Total deductions Change in net assets NET ASSETS HELD IN TRUST July 1, 2002 June 30, 2003 $ 9,441,131,872 INDIVIDUAL INVESTMENT ACCOUNTS $ TOTALS JUNE 30, 2003 $ 9,441,131,872 21,483,766 (1,126,507) 20,357,259 21,483,766 (1,126,507) 20,357,259 9,461,489,131 9,461,489,131 9,349,097,658 9,349,097,658 3,600,000 3,600,000 9,352,697,658 9,352,697,658 112,391,473 (3,600,000) 108,791,473 1,184,578,962 1,296,970,435 248 3,600,000 $ $ 1,188,178,962 1,296,970,435 Maricopa County Combining Statement of Changes in Assets and Liabilities Agency Funds For the Fiscal Year Ended June 30, 2003 BALANCE JULY 1, 2002 PROPERTY TAX COLLECTION Assets Cash and investments held by County Treasurer Total assets Liabilities Due to other governmental units Deposits held for other parties Total liabilities SPECIAL PURPOSE Assets Cash in bank and on hand Cash and investments held by County Treasurer Receivables Total assets Liabilities Deposits held for other parties Total liabilities TOTALS FOR ALL AGENCY FUNDS Assets Cash in bank and on hand Cash and investments held by County Treasurer Receivables Total assets Liabilities Due to other governmental units Deposits held for other parties Total liabilities ADDITIONS BALANCE JUNE 30, 2003 DEDUCTIONS $ $ 16,213,774 16,213,774 $ $ 3,272,904,708 3,272,904,708 $ $ 3,275,982,980 3,275,982,980 $ $ 13,135,502 13,135,502 $ 11,302,559 4,911,215 16,213,774 $ 3,204,184,136 68,720,572 3,272,904,708 $ 3,210,886,445 65,096,535 3,275,982,980 $ 4,600,250 8,535,252 13,135,502 26,258,920 37,236,592 $ $ $ 63,495,512 $ 2,737,273 1,740,370,227 1,293,981 1,744,401,481 $ 1,737,921,490 $ 28,996,193 39,685,329 1,293,981 69,975,503 $ $ 63,495,512 63,495,512 $ $ 1,744,401,481 1,744,401,481 $ $ 1,737,921,490 1,737,921,490 $ $ 69,975,503 69,975,503 $ 26,258,920 53,450,366 $ $ $ $ 79,709,286 $ 2,737,273 5,013,274,935 1,293,981 5,017,306,189 $ 5,013,904,470 $ 28,996,193 52,820,831 1,293,981 83,111,005 $ 11,302,559 68,406,727 79,709,286 $ 3,204,184,136 1,813,122,053 5,017,306,189 $ 3,210,886,445 1,803,018,025 5,013,904,470 $ $ $ $ 249 $ $ $ $ $ 1,737,921,490 5,013,904,470 $ $ 4,600,250 78,510,755 83,111,005 250 Financial Section Capital Assets Schedules Capital Assets Schedules Maricopa County Capital Assets Used in the Operation of Governmental Funds Comparative Schedules by Source 1 June 30, 2003 and 2002 2003 Governmental funds capital assets: Land Buildings Machinery and equipment Infrastructure Construction in progress Total governmental funds capital assets $ $ Investments in governmental funds capital assets by source: General Fund Special Revenue Funds Capital Projects Funds Total governmental funds capital assets 1 $ $ 2002 237,197,018 793,261,902 156,588,147 413,157,611 447,058,232 2,047,262,910 $ 842,925,509 721,597,997 482,739,404 2,047,262,910 $ $ $ 177,378,461 735,881,798 152,445,404 357,036,458 365,055,919 1,787,798,040 671,743,752 723,031,050 393,023,238 1,787,798,040 This schedule presents only the capital asset balances related to governmental funds. Accordingly, the capital assets reported in internal service funds are excluded from the above amounts. Generally, the capital assets of internal service funds are included as governmental activities in the Statement of Net Assets. 253 Maricopa County Capital Assets Used in the Operation of Governmental Funds Schedule by Function and Activity 1 June 30, 2003 LAND GENERAL GOVERNMENT County Assessor Board of Supervisors Finance Facilities Management Materials Management Computer Systems Telecommunications Elections Internal Audit Human Resources Recorder Treasurer Total General Government PUBLIC SAFETY Adult Probation Emergency Management Clerk of Superior Court County Attorney Justice Courts Constables Correctional Health Juvenile Court Medical Examiner Planning and Development Public Defender Public Fiduciary Superior Court Sheriff Flood Control Total Public Safety HIGHWAYS AND STREETS Transportation Total Highways and Streets HEALTH, WELFARE AND SANITATION Community Development Human Services Housing Department Environmental Services Animal Control Medical Assistance Program Waste Tire Program Public Health Total Health, Welfare and Sanitation CULTURE AND RECREATION Library Parks and Recreation Bank One Ballpark Operations Sports Authority Total Culture and Recreation EDUCATION Superintendent of Schools Accommodation Schools Total Education TOTAL GOVERNMENTAL FUNDS CAPITAL ASSETS MACHINERY & EQUIPMENT BUILDINGS $ $ 6,936,487 21,955,378 $ 184,163 156,790,033 907,587 898,965 $ 28,891,865 $ $ 158,780,748 $ $ 3,419,324 $ 1,596,011 99,821 62,672 6,421,705 64,560 3,343,760 28,922,414 565,221 18,372 156,155 4,139,339 1,602,473 46,992,503 1,336,568 7,549,548 726,543 20,270,415 26,700,318 $ 6,161,590 30,739,104 38,963,805 $ 25,370,000 122,642,481 10,430,323 216,601,418 $ 1,290,977 144,063 3,018,672 4,478,516 1,255,370 545,356 134,924 1,507,446 1,430,553 1,820,862 130,575 51,778 9,155,743 30,225,020 8,131,208 63,321,063 $ $ 106,312,277 106,312,277 $ $ 19,289,675 19,289,675 $ $ 27,440,409 27,440,409 $ 98,951 3,034,534 495,915 2,348,645 1,985,610 128,352 352,984 1,195,211 9,640,202 219,009 $ $ 159,811 38,116,180 328,649 2,900,932 6,596,777 27,100 $ 6,623,877 $ $ 56,034,636 $ 6,888,247 6,029,484 336,399,281 $ $ 349,317,012 $ $ $ 370,558 370,558 $ 237,197,018 INTERNAL SERVICE FUNDS Equipment Services Telecommunications Reprographics Risk Management TOTAL INTERNAL SERVICE FUNDS CAPITAL ASSETS $ TOTAL CAPITAL ASSETS $ $ $ $ 20,776,631 35,258,005 $ 1,968,767 43,474,339 $ $ 5,798,710 5,798,710 $ 674,373 3,280,898 3,955,271 $ 793,261,902 $ 156,588,147 $ $ $ 323,649 $ 1,873,434 2,646,240 768,578 74,554 5,362,806 $ 793,585,551 $ 161,950,953 323,649 237,197,018 1 1,842,636 3,317,670 54,796 23,597 5,238,699 This schedule presents the capital asset balances related to governmental funds (Total Governmental Funds Capital Assets) and the capital assets reported in the internal service funds (Total Internal Service Funds Capital Assets). Generally, the capital assets of the internal service funds are not included in the above schedule, as they are included in the governmental activities in the Statement of Net Assets. However, the County elected to include the internal service funds in this schedule to facilitate the reconciliation of Note 10 – Capital Assets in the Notes to the Financial Statements. 254 CONSTRUCTION IN PROGRESS INFRASTRUCTURE $ $ TOTAL $ 7,085,721 $ $ $ $ $ 147,475 147,475 $ $ 413,010,136 413,010,136 $ 7,085,721 $ $ 1,596,011 99,821 7,183,322 192,252,837 972,147 3,343,760 28,922,414 565,221 18,372 156,155 5,038,304 1,602,473 241,750,837 $ 359,057,731 32,680,288 391,738,019 $ 4,710,301 144,063 3,237,681 4,478,516 10,141,486 545,356 134,924 21,777,861 28,857,414 1,820,862 130,575 51,778 34,525,743 518,086,822 82,128,398 710,771,780 $ $ 46,271,440 46,271,440 $ $ 612,323,937 612,323,937 $ 98,951 3,194,345 47,171,924 2,677,294 4,913,642 128,352 352,984 3,163,978 61,701,470 $ 1,963,052 $ $ $ $ $ $ $ $ $ $ $ $ $ $ 674,373 9,450,166 10,124,539 $ 2,047,262,910 $ 413,157,611 $ 1,963,052 447,058,232 $ 8,730,883 30,123,785 371,712,082 23,597 410,590,347 $ $ $ $ $ $ 1,873,434 2,969,889 768,578 74,554 5,686,455 $ 2,052,949,365 $ 413,157,611 $ 447,058,232 255 Maricopa County Capital Assets Used in the Operation of Governmental Funds Schedule of Changes by Function and Activity 1 For the fiscal year ended June 30, 2003 GOVERNMENTAL FUNDS CAPITAL ASSETS JUNE 30, 2002 GENERAL GOVERNMENT County Assessor Board of Supervisors Finance Facilities Management Materials Management Computer Systems Telecommunications Elections Internal Audit Human Resources Recorder Treasurer Total General Government PUBLIC SAFETY Adult Probation Emergency Management Clerk of Superior Court County Attorney Justice Courts Constables Correctional Health Juvenile Court Medical Examiner Planning and Development Public Defender Public Fiduciary Superior Court Sheriff Flood Control Total Public Safety HIGHWAYS AND STREETS Transportation Total Highways and Streets HEALTH, WELFARE AND SANITATION Community Development Human Services Housing Department Environmental Services Animal Control Medical Assistance Program Waste Tire Program Public Health Total Health, Welfare and Sanitation CULTURE AND RECREATION Library Parks and Recreation Bank One Ballpark Operations Sports Authority Total Culture and Recreation EDUCATION Superintendent of Schools Accommodation Schools Total Education TOTAL GOVERNMENTAL FUNDS CAPITAL ASSETS $ ADDITIONS 1,622,162 99,821 258,525 214,528,257 972,147 3,380,581 28,725,548 579,701 18,372 122,075 4,108,019 2,203,007 256,618,215 $ $ $ 5,035,867 129,252 3,374,239 4,351,111 10,236,748 512,852 111,267 21,781,293 1,330,268 1,571,920 703,766 79,249 32,930,962 356,799,128 49,200,014 488,147,936 $ $ $ $ $ $ $ $ 17,785 DEDUCTIONS $ 21,916 6,936,487 22,629,216 11,690 47,665,065 39,308 416,928 79,968 76,129 863,443 94,448 27,390 975,257 201,568 31,323,907 17,809 44,972 802,102 49,597,574 39,254 25,296 80,650 309,254 15,000 130,792 23,657 146,385 27,540,794 327,472 18,092 $ $ 364,820 10,485 217,208 181,849 94,952 98,288 149,817 13,648 78,530 $ 2,124,411 193,139,791 36,063,376 259,984,224 $ 27,471 544,940 32,585,149 3,134,992 37,502,149 576,380,438 576,380,438 $ $ 118,073,797 118,073,797 $ $ 79,619,869 79,619,869 76,053 3,135,144 45,480,913 2,445,957 1,744,062 128,352 352,984 3,059,502 56,422,967 $ 22,898 621,557 3,581,577 380,491 3,525,680 $ $ 132,224 8,264,427 562,356 1,890,566 149,154 356,100 $ 27,748 2,985,924 8,663,709 21,390,353 370,737,272 23,597 400,814,931 $ 185,545 8,955,714 974,810 $ 118,371 222,282 $ 10,116,069 $ 340,653 $ $ 18,677 692,309 710,986 $ $ 655,696 8,757,857 9,413,553 $ 1,787,798,040 $ 428,473,410 $ 170,046,169 $ $ 46,949 1,372,281 83,891 $ 359,476 631,252 43,212 $ 1,503,121 $ 21,610 1,055,550 $ 429,976,531 $ 171,101,719 $ $ INTERNAL SERVICE FUNDS Equipment Services Telecommunications Reprographics Risk Management Employee Benefits Trust TOTAL INTERNAL SERVICE FUNDS CAPITAL ASSETS $ 2,185,961 3,241,991 727,899 74,554 46,108 6,276,513 TOTAL CAPITAL ASSETS $ 1,794,074,553 1 $ This schedule presents the capital asset balances related to governmental funds (Total Governmental Funds Capital Assets) and the capital assets reported in the internal service funds (Total Internal Service Funds Capital Assets). Generally, the capital assets of the internal service funds are not included in the above schedule, as they are included in the governmental activities in the Statement of Net Assets. However, the County elected to include the internal service funds in this schedule to facilitate the reconciliation of Note 10 – Capital Assets in the Notes to the Financial Statements. 256 TRANSFERS IN $ 25,215 GOVERNMENTAL CAPITAL ASSETS JUNE 30, 2003 TRANSFERS OUT $ 47,235 $ $ 47,235 $ 2,760,429 643,381 24,499 $ 3,453,524 $ $ $ 1,596,011 99,821 7,183,322 192,252,837 972,147 3,343,760 28,922,414 565,221 18,372 156,155 5,038,304 1,602,473 241,750,837 $ 7,199,534 $ 4,710,301 144,063 3,237,681 4,478,516 10,141,486 545,356 134,924 21,777,861 28,857,414 1,820,862 130,575 51,778 34,525,743 518,086,822 82,128,398 710,771,780 $ $ $ $ 2,510,429 2,510,429 $ $ 612,323,937 612,323,937 $ $ $ $ $ $ 98,951 3,194,345 47,171,924 2,677,294 4,913,642 128,352 352,984 3,163,978 61,701,470 $ $ $ $ $ $ $ $ $ $ $ $ 674,373 9,450,166 10,124,539 $ 2,047,262,910 $ 1,873,434 2,969,889 768,578 74,554 15,310 591,283 15,310 7,325,993 $ $ 7,341,303 10,794,827 $ 6,592,941 $ 9,757,198 $ 47,231 1,060,362 8,730,883 30,123,785 371,712,082 23,597 410,590,347 $ 47,231 $ 24,498 1,084,860 $ 5,686,455 $ 10,842,058 $ 10,842,058 $ 2,052,949,365 257 258 STATISTICAL SECTION Maricopa County Listing of Statistical Information Government-wide Expenses - By Function Government-wide Revenues Government-wide Program Revenues - By Function Government-wide Net (Expense) Revenue - By Function Schedule of Net Assets General Governmental Expenditures - By Function General Governmental Revenues - By Source Governmental Fund Balances General Governmental Tax Revenues - By Source Property Tax - Levies And Collections Property Tax Levies - All Jurisdictions Assessed and Current Market Value of all Taxable Property Property Tax Rates and Tax Levies - Direct and Overlapping Governments - All County Governments Property Tax Rates and Tax Levies - Direct and Overlapping Governments - County Controlled Principal Taxpayers Special Assessments Billings and Collections Computation of Direct and Overlapping General Obligation Bonded Debt Schedule of Legal Debt Limit Comparative Ratio of Bonded Debt to Assessed Values and Bonded Debt Per Capita Ratio of Annual General Obligation Debt Service Requirements for General Bonded Debt to Total Governmental Expenditures Stadium District Revenue Bond Coverage Property Value, Construction and Bank Deposits Salaries and Blanket Bond of Elected County Officials Schedule of Insurance in Force Cactus League Attendance Miscellaneous Statistical Data 261 Maricopa County Government-wide Expenses By Function Last Two Fiscal Years General government $ Public safety FISCAL YEAR FISCAL YEAR 2002-03 2001-02 181,265,791 $ 506,600,904 Highways and streets Health, welfare and sanitation 124,501,063 490,943,644 51,016,886 52,464,778 335,607,743 304,220,867 Culture and recreation 27,488,028 25,453,164 Education 17,386,261 16,675,171 Interest on long-term debt Medical Center 11,446,165 11,557,524 366,425,283 340,556,596 Arizona Health Care Cost Containment System (AHCCCS) 109,142,148 93,168,287 Arizona Long-Term Care System (ALTCS) 232,991,015 241,654,207 Other business-type activities Total government-wide expenses by function $ 76,620,753 1,915,990,977 $ 67,406,686 1,768,601,987 Prior to fiscal year 2001-02, government-wide expenses by function is not available due to the initial year of GASB Statement No. 34 presentation. 262 Maricopa County Government-wide Revenues Last Two Fiscal Years FISCAL YEAR FISCAL YEAR 2002-03 2001-02 Program revenues Charges for services Operating grants and contributions $ Capital grants and contributions 896,084,494 311,882,916 $ 850,539,153 209,158,052 44,322,271 2,712,908 915,043,872 958,184,620 1,725,495 8,700,138 Unrestricted investment earnings 19,102,474 35,764,234 Gain (loss) on disposal of capital assets 13,346,055 General revenues Taxes Grants and contributions not restricted to specific programs Miscellaneous Total government-wide revenues $ 3,061,600 2,204,569,177 (8,959,314) $ 12,599,918 2,068,699,709 Prior to fiscal year 2001-02, government-wide revenue is not available due to the initial year of GASB Statement No. 34 presentation. 263 Maricopa County Government-wide Program Revenues By Function Last Two Fiscal Years General government $ FISCAL YEAR FISCAL YEAR 2002-03 2001-02 27,765,570 $ 27,191,391 Public safety Highways and streets 178,217,711 128,736,660 185,555,857 4,188,239 Health, welfare and sanitation 124,224,269 108,886,976 Culture and recreation 9,250,350 8,519,157 16,270,807 13,186,683 Medical Center 339,998,379 296,961,351 Arizona Health Care Cost Containment System (AHCCCS) 115,846,532 100,104,747 Arizona Long Term Care Center Systems (ALTCS) 240,083,167 252,343,614 Education Other business-type activities 71,896,236 Total government-wide program revenues by function $ 1,252,289,681 65,472,098 $ 1,062,410,113 Prior to fiscal year 2001-02, government-wide program revenue by function is not available due to the initial year of GASB Statement No. 34 presentation. 264 Maricopa County Government-wide Net (Expense) Revenue By Function Last Two Fiscal Years General government $ FISCAL YEAR FISCAL YEAR 2002-03 2001-02 (153,500,221) $ (328,383,193) Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education (97,309,672) (305,387,787) 77,719,774 (48,276,539) (211,383,474) (195,333,891) (18,237,678) (16,934,007) (1,115,454) (3,488,488) Interest on long-term debt (11,446,165) (11,557,524) Medical Center (26,426,904) (43,595,245) Arizona Health Care Cost Containment System (AHCCCS) 6,704,384 6,936,460 Arizona Long-Term Care System (ALTCS) 7,092,152 10,689,407 (4,724,517) Other business-type activities Total government-wide net (expense) revenue by function $ (663,701,296) (1,934,588) $ (706,191,874) Prior to fiscal year 2001-02, government-wide net (expense) revenue by function is not available due to the initial year of GASB Statement No. 34 presentation. 265 Maricopa County Schedule of Net Assets Last Two Fiscal Years NET ASSETS FISCAL YEAR FISCAL YEAR 2002-03 2001-02 Governmental activities Invested in capital assets net of related debt $ 1,529,060,770 $ 1,259,210,540 Restricted 234,284,414 321,969,019 Unrestricted 441,241,848 222,913,694 Business-type activities Invested in capital assets net of related debt $ Restricted Unrestricted 75,738,774 $ 81,077,781 43,997,578 53,752,904 6,410,491 (8,089,795) Total primary government Invested in capital assets net of related debt $ 1,604,799,544 $ 1,340,288,321 Restricted 278,281,992 375,721,923 Unrestricted 447,652,339 214,823,899 Prior to fiscal year 2001-02, schedule of net assets is not available due to the initial year of GASB Statement No. 34 presentation. 266 Maricopa County General Governmental Expenditures By Function Last Ten Fiscal Years HEALTH, CULTURE FISCAL GENERAL PUBLIC HIGHWAYS WELFARE AND AND YEAR GOVERNMENT SAFETY STREETS SANITATION RECREATION 1993-94 $ 52,739,015 $ 309,338,572 $ 34,267,926 $ 64,626,471 $ 22,870,494 1994-95 161,073,777 311,584,793 42,107,241 68,063,202 17,616,014 1995-96 84,393,672 285,016,888 42,260,676 291,957,283 11,686,132 1996-97 83,288,504 312,469,016 41,937,037 295,239,781 35,307,331 1997-98 76,045,723 338,229,571 38,787,702 335,143,437 10,681,908 1998-99 92,526,980 364,823,901 52,048,136 353,141,055 13,339,246 1999-00 91,629,129 422,453,691 55,450,402 278,987,186 15,302,763 2000-01 101,678,589 459,487,297 59,803,451 295,158,694 16,312,843 2001-02 99,265,465 481,843,123 55,240,772 311,510,932 17,651,564 2002-03 114,241,982 493,435,114 44,226,114 331,752,530 19,388,797 FISCAL YEAR 1993-94 EDUCATION $ 1,304,110 $ DEBT CAPITAL SERVICE PROJECTS 20,788,678 $ 77,597,172 TOTAL $ 583,532,438 1994-95 1,108,972 14,353,255 60,193,852 1995-96 1,113,304 28,658,400 180,419,728 676,101,106 925,506,083 1996-97 1,138,321 30,876,332 242,991,752 1,043,248,074 1997-98 10,810,535 33,042,328 215,297,901 1,058,039,105 1998-99 13,627,432 33,084,610 149,600,384 1,072,191,744 1999-00 17,853,463 31,716,707 181,400,888 1,094,794,229 2000-01 16,552,929 31,768,372 229,743,778 1,210,505,953 2001-02 16,560,263 51,068,866 294,010,771 1,327,151,756 2002-03 17,268,012 44,495,178 315,588,133 1,380,395,860 The above amounts include general, special revenue, debt service, and capital projects funds. Year to year fluctuations in General Government and Health, Welfare and Sanitation expenditures can be partially explained by the following table. FISCAL YEAR 1993-94 ALTCS $ 49,700,000 AHCCCS $ 45,100,000 TOTAL $ 94,800,000 FUNCTION Health, Welfare and Sanitation 1994-95 58,100,000 43,000,000 101,100,000 General Government 1995-96 76,600,000 38,600,000 115,200,000 Health, Welfare and Sanitation 1996-97 73,000,000 38,600,000 111,600,000 Health, Welfare and Sanitation 1997-98 84,260,000 38,660,000 122,920,000 Health, Welfare and Sanitation 1998-99 92,812,000 38,659,000 131,471,000 Health, Welfare and Sanitation 1999-00 93,056,000 38,659,000 131,715,000 Health, Welfare and Sanitation 2000-01 96,130,000 38,659,000 134,789,000 Health, Welfare and Sanitation 2001-02 101,812,000 38,659,000 140,471,000 Health, Welfare and Sanitation 2002-03 114,846,000 38,659,000 153,505,000 Health, Welfare and Sanitation 267 Maricopa County General Governmental Revenues By Source Last Ten Fiscal Years FISCAL YEAR 1993-94 TAXES $ 223,501,878 $ LICENSES INTER- CHARGES AND GOVERNMENTAL FOR AND SPECIAL MISCELLANEOUS TOTAL PERMITS REVENUE SERVICES FORFEITS ASSESSMENTS REVENUES REVENUES 12,620,995 $ 404,465,304 $ 37,179,540 FINES $ 7,078,224 $ $ 26,345,351 $ 711,191,292 1994-95 225,445,807 14,940,192 462,100,228 46,188,483 8,474,023 40,461,851 797,610,584 1995-96 234,576,660 12,415,267 565,800,613 47,693,323 9,862,807 38,701,304 909,049,974 1996-97 240,138,668 13,324,933 617,278,173 44,579,250 11,499,560 42,075,258 968,895,842 1997-98 256,680,131 14,882,655 593,963,445 54,295,458 12,460,671 143,116,936 1,075,399,296 1998-99 273,423,421 17,067,513 659,408,934 57,287,860 13,426,857 46,279,528 1,066,894,113 1999-00 296,029,480 22,187,021 783,237,358 62,026,284 14,583,372 49,295,439 1,227,358,954 2000-01 316,624,353 23,688,768 803,712,695 65,836,359 14,908,415 65,397,496 1,290,168,086 2001-02 343,037,203 26,106,311 831,668,101 68,770,386 15,776,099 69,879,317 1,355,237,417 2002-03 474,876,462 28,192,974 745,697,718 66,499,607 16,326,795 59,899,212 1,395,118,276 3,625,508 The above amounts include general, special revenue, debt service, and capital projects funds. During the last ten years, intergovernmental revenue has been affected by a .25% sales tax that was imposed on April 1, 1995, and ended on December 1, 1997, for the construction of the Arizona Diamondbacks Major League Baseball Stadium. Additionally, on January 1, 1999, a .20% sales tax was imposed and continues for the construction and operation of adult and juvenile detention facilities. 268 Maricopa County Governmental Fund Balances Last Ten Fiscal Years FISCAL YEAR 1993-94 GENERAL FUND $ 11,197,676 $ JAIL GENERAL LEASE JAIL OPERATIONS OBLIGATIONS REVENUE CONSTRUCTION N/A $ 9,957,983 $ N/A $ N/A 1994-95 21,519,184 N/A 2,671,278 N/A N/A 1995-96 60,884,599 N/A 478,731 N/A N/A 1996-97 81,520,328 N/A 1,712,018 N/A N/A 1997-98 119,759,685 N/A 1,212,057 N/A N/A 1998-99 145,038,481 32,338,504 1,240,000 N/A 10,609,244 1999-00 160,804,655 21,069,426 0 N/A 101,936,868 2000-01 161,202,389 13,345,478 0 123,383,762 153,420,528 2001-02 254,122,264 27,226,636 773,917 110,233,780 83,191,803 2002-03 292,657,135 33,852,162 722,346 94,597,749 10,026,627 OTHER TOTAL FISCAL COUNTY GOVERNMENTAL GOVERNMENTAL YEAR IMPROVEMENT FUNDS FUND BALANCES 1993-94 $ N/A $ 96,380,562 $ 117,536,221 1994-95 N/A 124,220,814 148,411,276 1995-96 N/A 117,462,694 178,826,024 1996-97 N/A 1997-98 N/A 146,411,186 267,382,928 1998-99 N/A 142,928,219 332,154,448 1999-00 N/A 177,980,318 461,791,267 2000-01 78,417,432 117,756,160 647,525,749 2001-02 55,305,751 142,682,121 673,536,272 2002-03 49,085,349 195,050,993 675,992,361 85,402,271 168,634,617 All funds are reported in the year established. 269 Maricopa County General Governmental Tax Revenues By Source Last Ten Fiscal Years FISCAL YEAR GENERAL PROPERTY TAX 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 $ 223,501,878 225,445,807 234,576,660 240,138,668 256,680,131 273,423,421 296,029,480 316,624,353 343,037,203 370,704,292 FISCAL YEAR BASEBALL STADIUM TAX 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 $ N/A 18,882,306 87,061,164 96,058,301 42,238,411 386,396 258,303 278,259 128,498 96,555 STATE SALES TAX $ 194,846,044 215,015,368 231,009,128 242,352,311 257,643,630 279,812,954 309,009,200 322,429,593 325,728,202 330,260,143 VEHICLE LICENSE TAX $ 48,861,161 53,450,464 53,481,261 64,600,858 68,309,110 84,021,288 94,431,066 100,019,454 106,115,829 110,603,659 RENTAL CAR SURCHARGE $ N/A 4,466,598 4,906,873 5,344,085 5,387,983 5,428,828 5,722,238 5,637,184 5,407,664 5,240,032 JAIL TAX $ N/A N/A N/A N/A N/A 41,480,614 91,984,716 97,752,375 98,177,716 98,932,138 HIGHWAY USER FUEL TAX $ 57,901,673 63,227,494 68,763,760 73,249,850 67,408,288 72,392,313 77,317,632 78,243,269 78,285,210 82,153,376 STREET LIGHTING ASSESSMENTS $ N/A 3,024,254 2,312,428 2,502,073 2,799,824 2,809,062 1,934,600 3,612,549 3,505,969 3,471,253 The Vehicle License Tax for fiscal year 1997-98 and all subsequent years, have a combined amount from the General and Transportation Funds. The Baseball Stadium Tax ended in November 1997, but small amounts continue to be remitted on delinquent tax returns. The Rental Car Surcharge and Street Lighting Assessments are not available prior to fiscal year 1994-95. 270 Maricopa County Property Tax Levies And Collections Last Ten Fiscal Years CURRENT PERCENT FISCAL TOTAL TAX OF LEVY TAXES YEAR TAX LEVY COLLECTIONS COLLECTED COLLECTED 1993-94 $ 206,382,123 $ DELINQUENT 198,088,983 96.0% 1994-95 206,250,696 196,800,826 95.4 $ 4,326,199 1995-96 214,404,513 210,726,586 98.3 3,228,612 1996-97 221,234,454 216,526,935 97.9 4,445,570 1997-98 239,451,423 234,374,998 97.9 4,141,830 1998-99 257,557,253 250,203,739 97.1 4,280,040 1999-00 279,978,758 271,213,222 96.9 4,698,681 2000-01 302,546,405 293,116,900 96.9 5,289,728 2001-02 327,717,255 316,700,603 96.6 6,196,468 2002-03 352,679,730 342,103,780 97.0 7,815,578 3,671,323 TOTAL DELINQUENT COLLECTIONS TOTAL AS A TAXES AS A DELINQUENT PERCENT OF FISCAL PREPAID TAX PERCENT TAXES CURRENT YEAR TAXES COLLECTIONS OF LEVY RECEIVABLE LEVY 1993-94 203,403,524 98.6% 5,265,240 2.6% 1994-95 $ 988,342 731,514 $ 201,203,663 97.6 $ 5,592,605 2.7 1995-96 1,142,574 215,097,772 100.3 3,944,568 1.8 1996-97 1,453,561 222,426,066 100.5 4,169,498 1.9 1997-98 1,458,893 239,975,721 100.2 5,668,507 2.4 1998-99 1,513,450 255,997,229 99.4 5,488,792 2.1 1999-00 1,605,527 277,517,430 99.1 6,865,950 2.5 2000-01 351,309 298,757,938 98.7 7,745,244 2.6 2001-02 276,107 323,173,178 98.6 9,538,579 2.9 2002-03 284,185 350,203,543 99.3 9,007,379 2.6 The levy for unsecured personal property tax is based on an estimate of the assessed value. As a result, collections often vary from the levy. To show a more accurate portrayal of delinquencies (levy less collections), delinquencies for unsecured personal property tax have been excluded. Source: Maricopa County Department of Finance – Property Tax Division. 271 Maricopa County Property Tax Levies All Jurisdictions Last Ten Fiscal Years FISCAL COUNTY DEBT FLOOD YEAR OPERATING SERVICE CONTROL 1993-94 $ 140,248,266 $ 25,360,203 $ 35,142,441 TOTAL LIBRARY $ 5,631,213 COUNTY $ 206,382,123 1994-95 164,865,317 428,377 35,318,672 5,638,330 206,250,696 1995-96 156,257,472 20,670,863 36,078,354 1,397,824 214,404,513 1996-97 154,487,036 22,590,472 38,118,477 6,038,469 221,234,454 1997-98 169,045,638 21,446,852 42,339,342 6,619,593 239,451,425 1998-99 183,750,071 22,058,679 44,670,223 7,078,280 257,557,253 1999-00 207,540,697 20,264,361 44,310,754 7,862,946 279,978,758 2000-01 225,396,514 24,051,128 44,309,245 8,789,518 302,546,405 2001-02 252,676,223 20,071,906 45,322,696 9,646,430 327,717,255 2002-03 277,949,612 19,565,638 44,868,063 10,296,417 352,679,730 COUNTY AS A FISCAL ALL OTHER YEAR JURISDICTIONS PERCENT OF TOTAL TOTAL LEVY 1993-94 $ 1,424,936,081 $ 1,631,318,204 1994-95 1,464,890,951 1,671,141,647 12.7% 12.3 1995-96 1,589,746,968 1,804,151,481 11.9 1996-97 1,513,011,257 1,734,245,711 12.8 1997-98 1,676,553,842 1,916,005,267 12.5 1998-99 1,807,712,694 2,065,269,947 12.5 1999-00 1,954,117,165 2,234,095,923 12.5 2000-01 2,129,151,025 2,431,697,430 12.4 2001-02 2,291,283,803 2,619,001,058 12.5 2002-03 2,453,013,970 2,805,693,700 12.6 Refunding of general obligation debt in fiscal year 1993-94 resulted in a decrease to the secondary tax rate (Debt Service) and an increase to the primary tax rate (County Operating). 272 Maricopa County Assessed and Current Market Value of all Taxable Property (in thousands of dollars) Last Ten Fiscal Years SECURED PROPERTY VALUES FISCAL CURRENT YEAR 1993-94 UNSECURED PROPERTY VALUES ASSESSED $ 12,300,837 CURRENT MARKET $ ASSESSED 90,277,507 $ 1,203,271 MARKET $ 5,328,743 1994-95 12,072,197 91,542,251 1,448,978 6,344,921 1995-96 13,322,347 100,603,839 797,088 4,722,441 1996-97 13,568,692 103,760,455 774,464 4,173,257 1997-98 14,854,238 115,551,926 869,260 4,724,629 1998-99 15,891,850 122,914,557 921,167 5,256,748 1999-00 17,749,278 137,565,447 927,553 5,226,790 2000-01 19,813,298 155,135,573 1,064,418 5,771,414 2001-02 21,748,902 174,348,240 1,164,233 6,304,806 2002-03 23,303,509 188,031,160 1,153,538 6,204,162 TOTAL PROPERTY VALUES FISCAL YEAR 1993-94 ASSESSED $ 13,504,108 $ TOTAL ASSESSED VALUE CURRENT AS A PERCENTAGE OF MARKET TOTAL MARKET VALUE 95,606,250 14.1% 1994-95 13,521,175 97,887,172 13.8 1995-96 14,119,435 105,326,280 13.4 1996-97 14,343,156 107,933,712 13.3 1997-98 15,723,498 120,276,555 13.1 1998-99 16,813,017 128,171,305 13.1 1999-00 18,676,831 142,792,237 13.1 2000-01 20,877,716 160,906,987 13.0 2001-02 22,913,135 180,653,046 12.7 2002-03 24,457,047 194,235,322 12.6 The decrease in unsecured assessed values in fiscal year 1995-96 is due primarily to the impact of State legislation, which reduced the assessment ratios for personal property. 273 Maricopa County Property Tax Rates and Tax Levies Direct and Overlapping Governments - All County Governments Last Ten Fiscal Years TAX RATES FISCAL YEAR 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 COUNTY CONTROLLED 1.6475 1.6475 1.6475 1.6475 1.6475 1.6475 1.6248 1.5748 1.5448 1.5448 FISCAL YEAR 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 OTHER SPECIAL DISTRICTS 0 - 3.9348 0 - 3.9334 0 - 3.9254 1 - 6.4642 0 - 4.3496 0 - 3.4931 0 - 2.9871 0 - 3.3260 0 - 4.0000 0 - 5.1000 STATE OF ARIZONA 0.4700 0.4700 0.4700 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 COMMUNITY COLLEGE DISTRICT 0.8532 0.8934 1.1130 1.0476 1.1346 1.1125 1.1285 1.1194 1.1107 1.1127 CENTRAL ARIZONA WATER CONSERVATION DISTRICT 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1300 0.1300 0.1300 EDUCATION EQUALIZATION 0.5300 0.5300 0.5300 0.5300 0.5300 0.5300 0.5217 0.5123 0.4974 0.4889 SCHOOL DISTRICTS .1285 - 18.9866 .1356 - 10.2650 .0842 - 11.9754 .1131 - 10.2185 .8314 - 12.0368 .1141 - 10.6396 .2751 - 10.0452 .1186 - 9.4925 .1120 - 9.2148 .4684 - 13.6519 0 0 0 0 0 0 0 0 0 0 CITIES - 2.3850 - 2.9563 - 2.8989 - 2.2074 - 2.2011 - 2.2011 - 2.2512 - 2.0816 - 2.2390 - 2.0415 All tax rates are per $100 assessed valuation. TAX LEVIES FISCAL YEAR 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 COUNTY CONTROLLED $ 206,382,123 206,250,696 214,404,513 221,234,454 239,451,423 257,557,253 279,978,758 302,546,405 327,717,255 352,679,730 FISCAL YEAR 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 OTHER SPECIAL DISTRICTS 96,551,845 94,907,843 93,108,561 72,827,379 63,159,938 68,476,018 67,713,342 76,009,063 73,277,211 69,765,540 $ $ STATE OF ARIZONA 62,492,117 62,520,935 63,420,563 0 0 0 0 0 0 0 COMMUNITY COLLEGE DISTRICT $ 113,440,000 118,841,866 151,227,097 146,669,820 171,402,574 179,200,267 198,948,746 219,019,925 239,578,569 257,683,114 274 EDUCATION EQUALIZATION $ 70,469,834 70,502,331 71,516,805 74,071,041 79,533,234 84,891,508 91,109,039 99,193,054 106,221,394 112,231,223 SCHOOL DISTRICTS $ 912,006,892 944,958,494 1,025,829,866 1,033,216,078 1,156,474,971 1,255,263,520 1,353,201,602 1,470,899,295 1,580,591,708 1,699,410,759 CENTRAL ARIZONA WATER CONSERVATION DISTRICT $ 18,905,751 18,929,645 19,767,209 20,080,420 22,012,897 23,536,796 26,147,563 27,141,030 29,787,075 31,805,013 $ CITIES 151,069,642 154,229,837 158,876,867 166,146,519 183,970,230 196,344,584 216,996,873 236,602,131 261,827,846 282,118,321 Maricopa County Property Tax Rates and Tax Levies Direct and Overlapping Governments - County Controlled Last Ten Fiscal Years COUNTY CONTROLLED TAX RATES FISCAL YEAR COUNTY OPERATING DEBT SERVICE FLOOD CONTROL DISTRICT COUNTY LIBRARY TOTAL COUNTY 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 1.0548 1.2394 1.1580 1.1054 1.1265 1.1472 1.1884 1.1641 1.1832 1.2108 0.1878 0.0032 0.1464 0.1575 0.1364 0.1312 0.1085 0.1152 0.0876 0.0800 0.3632 0.3632 0.3332 0.3425 0.3425 0.3270 0.2858 0.2534 0.2319 0.2119 0.0417 0.0417 0.0099 0.0421 0.0421 0.0421 0.0421 0.0421 0.0421 0.0421 1.6475 1.6475 1.6475 1.6475 1.6475 1.6475 1.6248 1.5748 1.5448 1.5448 FLOOD CONTROL DISTRICT COUNTY LIBRARY TOTAL COUNTY All tax rates are per $100 assessed valuation. TAX LEVIES FISCAL YEAR 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 COUNTY OPERATING $ 140,248,266 164,865,317 156,257,472 154,487,036 169,045,638 183,750,071 207,540,697 225,396,514 252,676,223 277,949,612 DEBT SERVICE $ 25,360,203 428,377 20,670,863 22,590,472 21,446,852 22,058,679 20,264,361 24,051,128 20,071,906 19,565,638 $ 275 35,142,441 35,318,672 36,078,354 38,118,477 42,339,342 44,670,223 44,310,754 44,309,245 45,322,696 44,868,063 $ 5,631,213 5,638,330 1,397,824 6,038,469 6,619,593 7,078,280 7,862,946 8,789,518 9,646,430 10,296,417 $ 206,382,123 206,250,696 214,404,513 221,234,454 239,451,425 257,557,253 279,978,758 302,546,405 327,717,255 352,679,730 Maricopa County Principal Taxpayers 2002-03 SECONDARY VALUATION TAXPAYER COUNTY'S 2002-03 SECONDARY ASSESSED VALUATION PERCENTAGE (%) Arizona Public Service Qwest / US West Southern California Edison Company Motorola El Paso Electric Company Southwest Gas Corporation Intel Corporation Public Service Company of New Mexico AT&T Cox Communication Southern California Public Power Authority Scottsdale Fashion Square Partnership MCI Worldcom Safeway Inc. WalMart Target Sheraton Corp Albertsons Wells Fargo Arizona MSA City of Los Angeles Dept. of Water & Power Honeywell First American Tax Valuation Arizona Mills LLC First American Title Phoenix Newspapers Inc Phoenix SP Hilton $ 692,140,346 365,985,185 169,400,620 142,149,454 142,067,483 121,237,144 108,498,798 80,746,508 77,432,255 65,991,170 65,570,107 49,837,135 44,653,734 42,791,179 41,375,709 41,312,611 37,484,477 36,233,223 35,717,589 34,472,010 33,974,368 27,624,413 27,538,052 25,283,920 23,111,258 19,453,817 14,982,812 2.83% 1.50 0.69 0.58 0.58 0.50 0.44 0.33 0.32 0.27 0.27 0.20 0.18 0.17 0.17 0.17 0.15 0.15 0.15 0.14 0.14 0.11 0.11 0.10 0.09 0.08 0.06 Total Principal Taxpayers $ 2,567,065,377 10.50% Countywide Secondary Valuation $ 24,457,047,282 100.00% Source: Treasurer's Office, Maricopa County. 276 Maricopa County Special Assessments Billings and Collections Last Ten Fiscal Years SPECIAL ASSESSMENTS BILLING FISCAL YEAR 1993-94 $ 270,078 SPECIAL ASSESSMENTS COLLECTED (1) $ 591,769 1994-95 191,244 172,671 1995-96 197,874 298,976 1996-97 169,946 263,862 1997-98 175,052 528,178 1998-99 194,717 456,057 1999-00 154,258 351,564 2000-01 104,708 174,328 2001-02 112,821 185,970 2002-03 86,600 157,480 (1) Includes assessments paid prior to billing date, which are used for early redemption of bonds. 277 Maricopa County Computation of Direct and Overlapping General Obligation Bonded Debt For the Fiscal Year Ended June 30, 2003 Maricopa County general obligation debt Less amount available for retirement of general obligation debt Net general obligation debt $ 39,515,000 (722,346) 38,792,654 Overlapping debt: School Districts Cities and Towns Special Districts 2,840,736,461 1,922,574,662 453,349,978 Total overlapping debt 5,216,661,101 Total direct general obligation and overlapping debt 278 $ 5,255,453,755 Maricopa County Schedule of Legal Debt Limit For the Fiscal Year Ended June 30, 2003 Assessed value of real and personal property $ 24,457,047,282 Debt limit, 15 percent of assessed value (Constitutional limit) $ 3,668,557,092 279 Maricopa County Comparative Ratio of Bonded Debt to Assessed Values and Bonded Debt Per Capita Last Ten Fiscal Years FISCAL YEAR POPULATION (1) 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2,291,200 2,355,900 2,551,765 2,634,625 2,720,575 2,806,100 2,879,492 3,072,149 3,192,125 3,296,250 FISCAL YEAR AMOUNT AVAILABLE FOR RETIREMENT OF GENERAL OBLIGATION DEBT 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 ASSESSED VALUE OF TAXABLE PROPERTY $ 9,957,983 2,671,278 478,731 1,712,018 1,212,057 1,240,000 0 0 773,917 722,346 $ 13,504,107,816 13,521,174,915 14,119,434,946 14,343,156,861 15,723,498,194 16,813,017,261 18,676,830,848 20,877,715,546 22,913,134,480 24,457,047,282 NET BONDED DEBT $ 159,442,017 166,843,722 154,076,269 135,502,982 117,832,943 98,670,000 79,595,000 58,205,000 57,596,083 38,792,654 BONDS PAYABLE $ 169,400,000 169,515,000 154,555,000 137,215,000 119,045,000 99,910,000 79,595,000 58,205,000 58,370,000 39,515,000 BONDED DEBT AS PERCENTAGE OF ASSESSED VALUE 1.18% 1.23 1.09 0.94 0.75 0.59 0.43 0.28 0.25 0.16 BONDED DEBT PER CAPITA $ 69.59 70.82 60.38 51.43 43.31 35.16 27.64 18.95 18.04 11.77 (1) Source: Department of Economic Security. Data from this source for previous years is subject to periodic update. 280 Maricopa County Ratio of Annual General Obligation Debt Service Requirements for General Bonded Debt to Total Governmental Expenditures Last Ten Fiscal Years FISCAL YEAR 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 PRINCIPAL PAYMENTS $ 7,835,000 14,960,000 17,340,000 18,170,000 19,135,000 20,315,000 21,390,000 18,855,000 19,350,000 TOTAL DEBT SERVICE INTEREST $ 8,873,375 10,176,909 9,416,838 8,627,593 7,754,745 6,828,695 5,635,275 4,551,675 2,800,552 1,997,350 $ 16,708,375 10,176,909 24,376,838 25,967,593 25,924,745 25,963,695 25,950,275 25,941,675 21,655,552 21,347,350 TOTAL GENERAL GOVERNMENTAL EXPENDITURES $ 583,532,438 676,101,106 925,506,083 1,043,248,074 1,058,039,105 1,072,191,744 1,094,794,229 1,210,505,953 1,327,151,756 1,380,395,860 RATIO 2.9% 1.5 2.6 2.5 2.5 2.4 2.4 2.1 1.6 1.5 The above amounts include general, special revenue, debt service, and capital projects funds. General obligation bonds reported in the special assessment debt with government commitment have been excluded. Bond issuance and other costs have also been excluded. The absence of principal payments in fiscal years 1994-95 is due to the advanced refunding of the outstanding Maricopa County general obligation bonds. This refunding allowed the County to restructure its general obligation bond payments so that no principal payments would be required in fiscal year 199495. 281 Maricopa County Stadium District Revenue Bond Coverage Last Ten Fiscal Years NET REVENUE AVAILABLE FISCAL GROSS FOR DEBT YEAR REVENUE SERVICE (1) 1993-94 $ 4,082,671 $ 12,117,665 DEBT SERVICE REQUIREMENTS PRINCIPAL $ INTEREST TOTAL $ GROSS NET COVERAGE COVERAGE 390,000 $ 1,491,279 1,881,279 217% 644% 1994-95 5,561,045 8,508,784 420,000 2,469,910 2,889,910 192% 294% 1995-96 5,239,274 8,572,192 1,300,000 2,448,910 3,748,910 140% 229% 1996-97 8,776,890 12,490,055 1,460,000 2,941,961 4,401,961 199% 284% 1997-98 7,079,357 9,756,245 2,594,815 3,995,066 6,589,881 107% 148% 1998-99 5,972,846 8,987,531 3,400,500 3,381,131 6,781,631 88% 133% 1999-00 5,911,689 9,374,409 3,285,426 2,207,768 5,493,194 108% 171% 2000-01 5,909,719 9,743,378 2,607,216 3,078,606 5,685,822 104% 171% 2001-02 4,172,913 8,188,248 1,620,168 1,593,307 3,213,475 130% 255% 2002-03 5,565,801 8,658,371 1,000,000 2,945,548 3,945,548 141% 219% (1) Net revenue available for debt service consists of gross revenues plus beginning fund balance less expenditures not covered by bond proceeds and all transfers not applicable to debt retirement. Fund balance is included in net revenue since it represents unexpended pledged revenues. 282 Maricopa County Property Value, Construction and Bank Deposits (in thousands of dollars) Last Ten Years CURRENT MARKET PROPERTY VALUES YEAR 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 COMMERCIAL $ 19,378,969 18,995,968 20,259,834 20,497,121 21,975,970 24,209,802 27,958,797 33,130,543 36,021,340 38,760,933 INDUSTRIAL $ 31,043,712 30,884,588 32,028,834 32,153,084 32,857,804 34,870,631 38,517,369 42,949,664 48,866,086 55,416,722 RESIDENTIAL $ 45,183,569 48,006,616 53,037,612 55,283,506 65,442,782 69,090,872 76,316,071 84,826,780 95,765,620 100,057,667 TOTAL $ 95,606,250 97,887,172 105,326,280 107,933,711 120,276,556 128,171,305 142,792,237 160,906,987 180,653,046 194,235,322 CONSTRUCTION (1) COMMERCIAL YEAR # OF UNITS 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 4,170 3,205 2,741 3,371 4,325 3,606 3,939 4,099 3,793 3,406 VALUE $ 547,667 959,539 1,043,978 1,422,483 1,840,334 2,230,445 1,878,629 2,144,767 2,256,850 1,620,722 INDUSTRIAL # OF UNITS 129 132 201 356 242 264 198 209 143 97 $ RESIDENTIAL VALUE # OF PERMITS 50,139 145,310 413,835 788,083 233,598 378,141 210,676 253,472 345,985 86,044 28,409 35,458 37,474 38,129 40,561 45,712 47,106 42,205 42,847 45,783 VALUE $ 2,432,682 3,209,240 3,199,942 3,508,538 3,943,544 4,778,571 5,142,869 4,774,188 5,088,241 5,750,850 NOTE: Construction figures exclude other construction, such as sheds, fences, signs, and other land improvements. (1) Source: “Arizona Business” Arizona Real Estate Center, Arizona State University. (2) Source: Arizona Banker’s Association. 283 (2) BANK DEPOSITS $ 19,485,966 20,017,167 21,171,950 17,806,183 20,296,620 24,940,253 22,330,881 27,336,883 27,859,411 31,628,767 Maricopa County Salaries and Blanket Bond of Elected County Officials For Fiscal Year Ended June 30, 2003 ANNUAL SALARY $ 54,600 54,600 96,600 54,600 54,600 60,000 78,750 54,600 120,750 108,675 96,600 90,563 TITLE Board of Supervisors Assessor County Attorney Recorder School Superintendent Clerk of the Superior Court Sheriff Treasurer Superior Court Judge Court Commissioners Court Commissioners Court Commissioners Justices of the Peace Precinct 8051-8057 Precinct 8053,8056 Precinct 8071-8075 Precinct 8081-8085 Constables Precinct 2501-2523 Precinct 2507 (1) Source: 84,525 78,488 84,525 84,525 (1) (1) (1) (1) (1) (1) (1) (2) (2) (2) (2) (2) 48,669 12,550 A.R.S. §11-419 Defined Salary. (2) Maricopa County is reimbursed for a portion of these salaries by the State of Arizona. (3) Source: Department of Risk Management, Maricopa County. 284 BLANKET BOND (3) $10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 Maricopa County Schedule of Insurance in Force For the Fiscal Year Ended June 30, 2003 POLICY TYPE INSURER POLICY NUMBER POLICY DATES 43033881 3/1/03 to 3/1/04 $ $ $ 5,000,000 Limit 5,000,000 Aggregate 5,000,000 SIR XLX39306221 3/1/03 to 3/1/04 $ $ $ 5,000,000 Limit, excess or 5,000,000 Limit, excess of 5,000,000 SIR DEDUCTIBLE/SIR General Liability Auto Liability Errors & Omissions The Insurance Co. of the State of PA Following Form Excess Liability Clarendon America Insurance Co. Following Form Excess Liability Endurance Specialty Insurance Co. 009377001 3/1/03 to 3/1/04 $ 10,000,000 Limit, excess or $ 10,000,000 Limit, excess of $ 5,000,000 SIR Property/Inland Marine Allianz Insurance Co. CLP3002164 7/1/02 to 7/1/03 $ 200,000,000 Policy Loss Limit $ 657,255,579 Blanket Buildings & Contents $ 100,000 Deductible $ 50,000,000 Boiler & Machinery $ 100,000 Deductible $ 100,000,000 Earthquake Limit $ 100,000 Deductible $ 100,000,000 Flood Zone B&C Limit $ 10,000,000 Flood Zone A Limit $ 500,000 Deductible Difference in Condition Insurance Co. of the West XHO170119003 7/1/02 to 7/1/03 $ 10,000,000 excess $ 10,000,000 underlying Difference in conditions including flood, excluding earthquake Difference in Condition American Alliance Insurance Co. CPP5905693 7/1/02 to 7/1/03 $ 7,000,000 part of $10,000,000 excess $20,000,000 Difference in conditions including flood, excluding earthquake Difference in Condition Greenwich Insurance Co. ACG3305693 7/1/02 to 7/1/03 $ 3,000,000 part of $10,000,000 excess $20,000,000 Difference in conditions including flood, excluding earthquake Difference in Condition Westchester Fire Insurance Co. WXL6657030 7/1/02 to 7/1/03 $ 20,000,000 excess $30,000,000 Difference in conditions including flood, excluding earthquake Crime National Union Fire Insurance Co. 5083389 2/28/03 to 2/28/04 $ 10,000,000 Employee Dishonesty $ 10,000,000 Faithful Performance of Duty $ 50,000 Deductible plus 10% Co-Insurance $ 1,000,000 Theft & Robbery $ 5,000 Deductible $ 10,000,000 Computer & Wire Transfer Fraud $ 50,000 Deductible $ 1,000,000 Forgery $ 5,000 Deductible Hull & Liability Westchester Fire Insurance Co. ACL670508 7/1/02 to 7/1/03 $ 20,000,000 Limit $ 20,000,000 Personal Injury $5,000/35,000 Medical Payment each person/aggregate Aviation OL&T/Premises Westchester Fire Insurance Co. 7/1/02 to 7/1/03 $ 20,000,000 Limit $ 100,000 Fire Legal Liability $ 5,000 Medical Expenses AAPN00035026 285 Maricopa County Schedule of Insurance in Force (Continued) For the Fiscal Year Ended June 30, 2003 POLICY TYPE INSURER POLICY NUMBER POLICY DATES DEDUCTIBLE/SIR Excess Workers’ Compensation and Employer’s Liability Employers Reinsurance Corp. 647164 7/1/02 to 7/1/03 $ 25,000,000 WC $ 1,000,000 EL $ 1,000,000 SIR Medical Malpractice and Liability American Continental Ins. Co. 00L661 12/4/00 to 12/4/01 $ 10,000,000 Limit $ 10,000,000 Aggregate $ 1,000,000 SIR Retro Date 7/1/85 Excess Medical Malpractice American Continental Ins. Co. 00V661 12/4/00 to 12/4/01 $ 15,000,000 Limit $ 15,000,000 Aggregate Excess of $10,000,000 primary Retro Date 7/1/85 Medical Malpractice and Liability Lexington Insurance Co. 6791625 12/4/02 to 12/4/03 $ 15,000,000 Limit $ 15,000,000 Aggregate $ 5,000,000 SIR Retro Date 12/4/01 Express Medical Malpractice Admiral Insurance Co. CESAZ10017120201 12/4/02 to 12/4/03 $ 10,000,000 Limit $ 10,000,000 Aggregate Excess of $15,000,000 primary Retro date 12/4/01 Accident Policy Medical Center Volunteers Hartford Life & Accident Co. 59SR351515 3/1/03 to 3/1/04 $ $ $ $ 1,000 2,500 1,000 250 Accident Policy Head Start/Early Head Start Children & Adult Volunteers Hartford Life & Accident Co. 59SR351525 6/1/02 to 6/1/03 $ $ $ $ 2,000 10,000 10,000 250 Accidental Death Accidental Dismemberment Medical Expense Maximum Dental Limit Accident Policy All Training Centers Volunteers Hartford Life & Accident Co. 59SR352110 7/1/02 to 7/1/03 $ $ $ $ 2,500 2,500 2,500 250 Accidental Death Accidental Dismemberment Medical Expense Maximum Dental Limit Accident Policy Sheriff’s Department Jail Volunteers Hartford Life & Accident Co. 59SR352131 10/1/02 to 10/1/03 $ $ $ $ 3,000 10,000 10,000 250 Accidental Death Accidental Dismemberment Accident Medical Expense Maximum Dental Limit Provider Reimbursements Mega Life and Health Insurance CO. TBD 38859440 01/01/03 to 01/01/04 Excess/Stop Loss coverage for Health Select Plan $ 1,000,000 Limit $ 150,000 Deductible 70% Co-insurance 04/13/00 to 12/31/05 $ 25,000,000 each claim $ 25,000,000 aggregate $ 100,000 SIR/$200,000 aggregate SIR full prior acts Owners Protective Professional Identity Steadfast Insurance Co. EOC3741267 286 Accidental Death Accidental Dismemberment Medical Expense Maximum Dental Limit Maricopa County Cactus League Attendance Last Five Years The following numbers demonstrate the Cactus League attendance for the past 5 years: CACTUS LEAGUE ATTENDANCE 2003 Arizona Diamondbacks California Angels Chicago Cubs Chicago White Sox Colorado Rockies Kansas City Royals (1) Milwaukee Brewers Oakland Athletics San Diego Padres San Francisco Giants Seattle Mariners Texas Rangers (1) TOTAL 2002 2001 2000 1999 101,768 96,024 133,223 72,863 65,310 50,070 60,571 82,137 88,709 133,249 101,376 80,081 147,449 85,571 154,617 87,670 68,314 95,208 80,535 147,749 67,203 65,269 93,162 86,005 136,408 79,526 63,723 104,435 67,797 171,651 87,742 66,594 78,131 96,232 91,170 130,830 156,047 68,673 89,422 74,498 122,966 124,553 68,813 84,839 97,238 100,023 107,611 77,286 76,791 108,036 116,479 117,295 1,065,381 1,096,031 936,076 917,348 994,106 (1) 2003 was the first year in the Cactus League; previously in the Grapefruit League. CACTUS LEAGUE FACILITIES FACILITY TENANTS Fitch Park – Mesa Chicago Cubs Hi Corbett Field – Tucson Colorado Rockies Hohokam Park – Mesa Chicago Cubs Indian Bend Park – Scottsdale San Francisco Giants Maryvale Baseball Park - Phoenix Milwaukee Brewers Papago Baseball Facility - Phoenix Oakland Athletics Peoria Sports Complex - Peoria San Diego Padres & Seattle Mariners Phoenix Municipal Stadium - Phoenix Oakland Athletics Scottsdale Stadium – Scottsdale San Francisco Giants Surprise Stadium - Surprise Kansas City Royals & Texas Rangers Tempe Diablo Stadium - Tempe California Angels Tucson Electric Park – Tucson Arizona Diamondbacks & Chicago White Sox 287 Maricopa County Miscellaneous Statistical Data For the Fiscal Year Ended June 30, 2003 Geographical location Maricopa County is located in the south-central portion of the State of Arizona. Its boundaries enclose the greater metropolitan Phoenix area, which is principally comprised of the cities of Phoenix, Tempe, Mesa, Scottsdale, Glendale, Chandler and the town of Paradise Valley. Topographical diversity characterizes the County. There are low mountain ranges, desert valleys and man-made lakes. The County seat, Phoenix, is the capital of Arizona. Altitude 1,117 feet Area of the County: Incorporated area Unincorporated area 9,222 square miles 1,441 square miles (15.6%) 7,781 square miles (84.4%) Form of government Governed by five-member Board of Supervisors Date formed 1871 Fiscal year begins July 1 Registered voters 1,290,457 as of July 2003 Number voting 723,867 General Election, November 2002 Percent voting 55% in General Election, November 2002 Number of judicial courts: Superior court judges Justice of peace 91 23 Miles of County maintained roads: Miles of road Miles of road with paved surfaces Number of major bridges Number of total bridges 5,586 4,421 27 265 Number of County park facilities: Regional County parks Recreation areas County managed golf courses Total acres managed Conservation areas 5 4 3 119,307 1 288 Maricopa County Miscellaneous Statistical Data (Continued) Last Ten Years COUNTY EMPLOYEES-GENERAL GOVERNMENT YEAR NUMBER OF EMPLOYEES 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 PERCENT INCREASE (DECREASE) 13,314 13,121 13,128 13,475 14,076 13,989 13,623 15,117 15,525 15,751 5.4% (1.4) 0.1 2.6 4.5 (.6) (2.6) 11.0 2.7 1.5 NUMBER OF EMPLOYEES PER THOUSAND OF CAPITA 5.8% 5.6 5.1 5.1 5.2 5.0 4.6 4.9 4.9 4.8 UNEMPLOYMENT RATE (1) YEAR COUNTY 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 5.0% 4.1 3.3 3.6 2.6 2.9 2.3 3.7 5.0 5.3 STATE 6.4% 5.3 5.3 5.5 4.2 4.2 3.9 4.7 5.5 6.0 UNITED STATES 6.0% 5.7 5.3 5.4 4.7 4.4 4.1 4.5 5.5 5.9 (1) Source: Department of Economic Security, Population and Statistical Unit, Research Administration. 289 Maricopa County Miscellaneous Statistical Data (Continued) For the Fiscal Year Ended June 30, 2003 POPULATION OF COUNTY POPULATION 1910 Census 1920 Census 1930 Census 1940 Census 1950 Census 1960 Census 1970 Census 1980 Census 1990 Census 1995 Special Census 2000 Census 34,488 89,576 150,970 186,193 331,770 663,510 971,228 1,509,262 2,122,101 2,551,765 3,072,149 PERCENTAGE INCREASE 159.7% 68.5 23.3 78.2 100.0 46.4 55.4 40.6 20.2 20.4 POPULATION OF CITIES AND TOWNS Avondale Apache Junction (part) Buckeye Carefree Cave Creek Chandler El Mirage Fountain Hills Gila Bend Gilbert Glendale Goodyear Guadalupe Litchfield Park Mesa Paradise Valley Peoria Phoenix Queen Creek Scottsdale Surprise Tempe Tolleson Wickenburg Youngtown Unincorporated Total County 2000 CENSUS (1) 35,883 0 6,537 2,927 3,728 176,581 7,609 20,235 1,980 109,697 218,812 18,911 5,228 3,810 396,375 13,664 108,364 1,321,045 4,316 202,705 30,848 158,625 4,974 5,082 3,010 211,203 3,072,149 ESTIMATED 2002 (2) 47,610 275 11,955 3,150 4,025 194,390 20,645 21,740 2,015 133,640 227,495 26,715 5,325 3,850 427,550 14,090 122,655 1,365,675 5,435 214,090 45,125 159,425 5,050 5,500 3,295 225,530 3,296,250 POPULATION OF STATE OF ARIZONA 2000 CENSUS (1) 5,130,632 ESTIMATED 2002 (2) 5,472,750 (1) Source: Department of Economic Security. Data for the 2000 Census is as of April 1, 2000. (2) Source: Department of Economic Security. Data for the 2002 Estimated is as of July 1, 2002. 290 Maricopa County Miscellaneous Statistical Data (Continued) Last Ten Calendar Years INCOME CALENDAR YEAR 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 RETAIL SALES (1) PER CAPITA (1) $ CALENDAR YEAR 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 20,554 21,763 22,858 24,032 25,505 27,028 27,582 28,962 28,580 27,625 MEDIAN PER HOUSEHOLD (2) $ 33,002 34,894 31,932 45,000 47,500 32,585 32,748 40,134 45,358 45,776 THOUSANDS OF DOLLARS $ 18,844,400 20,747,000 23,199,217 27,174,296 29,085,000 31,970,000 34,363,000 37,405,000 37,715,000 38,085,000 (1) Source: Economic Outlook 02/03 Eller College of Business and Public Administration, The University of Arizona. (2) 2000 U.S. Census Bureau, States and County QuickFacts. 291 Maricopa County Miscellaneous Statistical Data (Continued) Last Ten Calendar Years BUILDING PERMITS BANK DEPOSITS (1) (2) CALENDAR YEAR PERMITS ISSUED 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 47,787 55,011 58,948 62,965 67,461 76,045 83,188 83,411 81,995 83,396 AS OF DECEMBER 31 THOUSANDS OF DOLLARS 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 (1) Source: (2) Source: $ VALUE OF BUILDINGS $ 19,485,966 20,017,167 21,171,950 17,806,183 20,296,620 24,940,253 22,330,881 27,336,883 27,859,411 31,628,767 Bureau of Business and Economic Research, Arizona State University. Arizona Bankers’ Association. 292 3,529,540,000 4,898,379,000 5,440,364,000 6,798,562,000 7,796,954,000 8,488,426,000 8,324,511,000 8,665,613,000 9,332,597,000 8,688,619,000 www.maricopa.gov