Comprehensive Annual Financial Report Maricopa County Phoenix, Arizona For The Fiscal Year July 1, 2000 to June 30, 2001 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 Certificate Of Achievement For Excellence In Financial Reporting Comprehensive Annual Financial Report Table of Contents For the Fiscal Year Ended June 30, 2001 Page Introductory Section Table of Contents Maricopa County Officials Organizational Charts Letter of Transmittal Certificate of Achievement for Excellence in Financial Reporting i v vii ix xxviii Financial Section Independent Auditors’ Report 1 Maricopa County Citizen’s Audit Advisory Committee Letter 3 General Purpose Financial Statements: Combined Balance Sheet - All Fund Types And Account Groups Combined Statement Of Revenues, Expenditures And Changes In Fund Balances - All Governmental Fund Types And Expendable Trust Fund Combined Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual – General, Special Revenue, Debt Service And Capital Projects Funds Combined Statement Of Revenues, Expenses And Changes In Fund Equity - All Proprietary Fund Types Combined Statement Of Cash Flows - All Proprietary Fund Types Combining Statement Of Changes In Net Assets – Investment Trust Funds Notes to the Financial Statements: Note 1 Summary Of Significant Accounting Policies Note 2 Reporting Changes Note 3 Beginning Fund Equities Restated Note 4 Individual Fund Deficits Note 5 Deposits And Investments Note 6 County Treasurer’s Investment Pool Note 7 Accounts Receivable Note 8 Property Taxes Receivable Note 9 Due From Other Governmental Units Note 10 Changes In General Fixed Assets Note 11 Proprietary Funds Property, Plant And Equipment Note 12 Employee Compensation Payable Note 13 Long-Term Obligations Note 14 Obligations Under Leases Note 15 Municipal Landfill Closure And Postclosure Care Costs Note 16 Risk Management Note 17 Contingent Liabilities Note 18 Contributed Capital Note 19 Medical Center Operating Revenue Note 20 Residual Equity Transfers Note 21 Interfund Receivables, Payables, And Transfers Note 22 Budgetary Basis of Accounting Note 23 Disproportionate Share Settlement Note 24 Segment Information On Enterprise Funds i 8 10 12 14 15 16 19 26 26 27 27 29 30 30 30 31 31 32 32 39 40 41 42 43 43 44 44 45 46 46 Table of Contents (Continued) For the Fiscal Year Ended June 30, 2001 Page Notes to the General Purpose Financial Statements: (Continued) Note 25 Excess of Expenditures Over Budget In Individual Funds Note 26 Construction And Other Significant Commitments Note 27 Employee Retirement Plans Note 28 Other Post-Employment Benefits Note 29 Implementation of GASB Statement No. 34 47 47 48 51 52 Combining, Individual Fund And Account Group Statements And Schedules General Fund: Schedule Of Expenditures – Budget And Actual Special Revenue Funds: Description Of All Special Revenue Funds Combining Balance Sheet Combining Statement Of Revenues, Expenditures And Changes In Fund Balances Statement Of Revenues, Expenditures And Changes In Fund Balances Budget And Actual: Transportation Flood Control Adult Probation Grants Human Services Grants Public Health Environmental Services Juvenile Court Grants CDBG Housing Trust Library Stadium District Bank One Ballpark Operations Animal Control Adult Probation Services Child Support Automation Child Support Enhancement Children’s Issues Education Clerk of Court Grants Conciliation Court Special Correctional Health Grants County Attorney Grants County Attorney Special Court Automation Document Retrieval Domestic Relations Education Economic Development Emergency Management Expedited Child Support Housing Department Jail Operations Justice Court Enhancement Justice Court Judicial Enhancement Juvenile Probation Juvenile Restitution ii 55 59 64 76 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 Table of Contents (Continued) For the Fiscal Year Ended June 30, 2001 Page Special Revenue Funds (Continued): Law Library Old Courthouse Palo Verde Parks & Recreation Grants Parks Enhancement Parks Souvenir Parks Spurs Cross Ranch Parks Lake Pleasant Planning Grants Planning and Development Probate Programs Public Defender Grants Public Defender Training Public Health Pharmacy Recorder’s Surcharge Research and Reporting RICO Sheriff Aviation Sheriff Donations Sheriff Grants Sheriff Inmate Health Services Sheriff Special Funding Superior Court Grants Superior Court Judicial Enhancement Superior Court Special Victim Location Waste Tire Program Debt Service Funds: Combining Balance Sheet Combining Statement of Revenues, Expenditures And Changes In Fund Balances Statement Of Revenues, Expenditures And Changes In Fund Balances Budget and Actual: General Obligation Fund County Improvement Stadium District Capital Projects Funds: Combining Balance Sheet Combining Statement Of Revenues, Expenditures And Changes In Fund Balances Statement Of Revenues, Expenditures And Changes In Fund Balances Budget And Actual: Major League Stadium Bank One Ballpark Project Reserve Jail Construction Fund County Improvement Fund Schedule Of Capital Projects - Budget And Actual All Capital Improvement Projects iii 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 151 152 153 154 155 160 162 164 165 166 167 168 Table of Contents (Continued) For the Fiscal Year Ended June 30, 2001 Page Enterprise Funds: Combining Balance Sheet Combining Statement Of Revenues, Expenses And Changes In Fund Equity Combining Statement Of Cash Flows Schedule Of Operating Expenses By Department - Medical Center 176 178 180 182 Internal Service Funds: Combining Balance Sheet Combining Statement Of Revenues, Expenses And Changes In Fund Equity Combining Statement Of Cash Flows 186 188 190 Trust And Agency Funds: Combining Balance Sheet – All Trust And Agency Funds Combining Schedule Of Changes In Assets And Liabilities – All Agency Funds Combining Statement Of Net Assets – Investment Trust Funds 196 198 199 General Fixed Assets Account Group: Schedule Of General Fixed Assets By Function And Activity Schedule Of Changes In General Fixed Assets By Function And Activity 203 205 General Long-Term Debt Account Group: Comparative Balance Sheets 209 Statistical Section General Revenue By Source - Last Ten Fiscal Years Schedule Of Expenditures/Expenses By Function - Last Ten Fiscal Years Tax Revenues By Source - Last Ten Fiscal Years Property Tax Levies And Collections - Last Ten Fiscal Years Property Tax Levies - All Jurisdictions - Last Ten Fiscal Years Assessed Value And Current Market Value Of All Taxable Property - Last Ten Fiscal Years Property Value, Construction And Bank Deposits - Last Ten Fiscal Years Property Tax Rates And Tax Levies - Direct And Overlapping Governments - All County Governments – Last Ten Fiscal Years Property Tax Rates And Tax Levies - Direct And Overlapping Governments – County Controlled – Last Ten Fiscal Years Comparative Ratio Of Bonded Debt To Assessed Values And Bonded Debt Per Capita Ten Fiscal Years Computation Of Direct And Overlapping General Obligation Bonded Debt Schedule Of Legal Debt Limit Ratio Of Annual General Obligation Debt Service Requirements For General Bonded Debt To Total General Expenditures - Last Ten Fiscal Years Revenue Bond Coverage – Maricopa County Stadium District Special Assessment Billings And Collections - Last Ten Fiscal Years Principal Taxpayers Schedule Of Insurance In Force Salaries And Blanket Bond Of Elected County Officials Cactus League Attendance Miscellaneous Statistical Data iv 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 231 232 233 Maricopa County Officials BOARD OF SUPERVISORS Janice K. Brewer, Chairman, District 4 Fulton Brock, District 1 Don Stapley, District 2 Andrew Kunasek, District 3 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 and Stadium Districts Library and Stadium Districts Clerk Clerkof ofCourt Court Clerk of the Board Assessor Assessor Appointed Treasurer Treasurer S.T.A.R. Call Center Recorder Recorder Elections Internal Audit County Administrative Officer Deputy County Administrator Indigent Representation Legal Defender Public Defender Legal Advocacy Court Appointed Counsel Integrated Criminal Justice Information Systems Criminal Justice Facilities Maricopa Integrated Health System Deputy County Administrator Chief Financial Officer Chief Community Services Officer Chief Health Services Officer Chief Public Works Officer Chief Information 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 Organizational Planning & Training Materials Management Public Fiduciary Medical Examiner Facilities Management Planning & Development Correctional Health Emergency Management Housing Animal Control Services Research & Reporting General Government Health Care Mandates Community Development Medical Eligibility vii Equipment Services 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 Financial Resources Management Office of the County Administrative Officer October 22, 2001 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, 2001. This report has been prepared in conformance with generally accepted accounting principles as prescribed in pronouncements of the Governmental Accounting Standards Board (GASB). It is a comprehensive presentation of the County’s financial and operating activities during the past fiscal year. 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 of the various funds and account groups of the County. Financial Statement Presentation This report is presented in three sections: the introduction, the financial section and the statistical section. The Introductory Section includes the table of contents, a list of principal Maricopa County officials, the organizational chart, this transmittal letter, and the Certificate of Achievement for Excellence in Financial Reporting. This section is intended to give the reader of the financial report some basic background about the governmental unit as a whole. The Financial Section includes the auditor’s report, the general purpose financial statements, including the notes, and the combining statements for all funds and account groups. The Statistical Section includes various schedules and information regarding the finances, economics and demographics of the County. The Reporting Entity The financial reporting entity includes all the funds and account groups 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 fund types of the primary government. ix 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 an agency capacity by the County Treasurer. The reporting entity is further described in Note 1 to the financial statements. Economic Condition and Outlook Maricopa County is one of the fastest growing counties in the Nation with a population of over 3 million. It is the 4th most populous county in the United States and is larger than 21 states. We continue to be the fastest growing, large County in the United States. Our annual population growth is projected at 2.8%, and according to 2000 census information, our County had 44.8% growth in the last decade. More than half of the state of Arizona’s population resides in Maricopa County. Maricopa County is located in the central portion of the state with 9,222 square miles - which includes 98 square miles of water - making it the 14th largest county in the United States. It is also home to the nation’s largest regional park system measuring over 116,000 acres. Prior to the events of September 11, 2001, Maricopa County, like other areas across the nation, was experiencing a slowing in economic growth. The Arizona Blue Chip December 2000 issue suggests “the slower growth has to do with national rather than local factors that, for the first time in years, bring some clouds on the horizon.” These “clouds” include such items as a possible continued decline in consumer confidence, one of the highest consumer debt-service payments relative to income that has been seen in a decade, extremely low personal savings rates, a non sustainable trade gap and high oil prices that take away from other types of consumption. Elliott D. Pollack & Co., a local economist, suggest that as a result of the events of September 11, 2001, that the outlook for the national and local economies is more uncertain now than it has been in 50 years and the probability of a recession is now extremely high. Arizona typically performs better than the nation as a whole in good times and in bad times. However, the local economy cannot escape the fate of the national economy. State sales tax collections in Arizona have been extremely strong over the past 9 years, with an average growth rate of nearly 9%. This growth declined to just 5.5% in Fiscal Year 2000-01, and is expected to drop even further during Fiscal Year 2001-02, slowing with the rest of the nation. In addition, over the past 30 years the only times employment growth in Arizona was flat or in a decline was during national recessions. Related to employment, there may be significant downward pressure on manufacturing jobs in this state in the short-run. Overall, 43.8% of manufacturing jobs in Maricopa County are in high-tech fields, with over one-quarter of these being computer chip producers. Computer chips and other microelectronic products appear in many consumer durables and the majority of business equipment. Anticipated reductions in the consumption of these goods both domestically and internationally will translate into financial hurdles of the manufacturing industry in the near future. According to Pollack, despite the negative economic views, including the high probability of a national recession that will last through the end of the calendar year, the County should do no worse than the recession of 1991; and will probably do better. The extent that tax collections decline below budgeted levels will be determined over the next few months as the Federal x th government reacts to the tragic events of September 11 confidence. and tries to restore consumer Even though the growth and demand for services is high and coupled with a considerably slowing economy, continued fiscal discipline allowed for a decrease in the property tax rate in Fiscal Year 2001-02. This is on target with the Board of Supervisor’s County Strategic Plan to reduce the overall property tax rate for Maricopa County property owners. This marks the third year in a row that the property tax rate has experienced a decrease. Previously, the overall tax rate for Maricopa County of $1.6475 per $100 of assessed valuation had been held flat for eight years. In Fiscal Year 1999-00 and Fiscal Year 2000-01, the overall tax rate was reduced by 2.27 cents and 5.0 cents, respectively. For Fiscal Year 2001-02, the tax rate will be reduced by an additional 3.0 cents to $1.5448. Major Initiatives for Fiscal Year 2000-01 Managing for Results Maricopa County’s Managing for Results initiative established a framework that integrates planning, budgeting, reporting, evaluating and decision making. Managing for Results means that the entire organization, its management system, its employees and the organizational culture are focused on achieving results for the customer. Now in its second fiscal year, this initiative established the requirements and process to fulfill the County’s Mission and Vision of accountability to its citizens. Maricopa County’s efforts in Managing for Results established a foundation on which to build a highly integrated and cyclical management system focused on results for customers. Through its Managing for Results system, Maricopa County has engaged in substantive strategic planning and performance measurement, including the systematic creation of strategic goals that link to programs; the use of measures to track performance, support operation improvements, and inform resource allocation decisions; and the communication of goals and progress. Government Performance Project Several departments partnered together to complete and submit the Government Performance Project (GPP) survey that was developed by Syracuse University and Governing Magazine. The GPP survey reviews and grades government entities on how effectively they manage money, people, technology, and infrastructure. This survey has been used to rate the management capacity of state and local governments and is now being used to evaluate 40 counties around the United States. The process was a time consuming, county-wide effort, but resulted in a very complete representation of our management practices. This exercise highlighted our accomplishments, and those who participated felt a great sense of pride in Maricopa County after assessing our progress. We believe that the County will be given favorable consideration for being innovative, organized and efficient in our policies and processes. The results will be published in the February 2002 edition of Governing Magazine. The complete survey responses are available on www.maricopa.gov. Human Resources Management With a growing economy and low unemployment, Human Resources was focused on recruitment and retention strategies. Over 40,000 employment applications were processed to fill approximately 2,600 positions. In addition to posting these jobs on the County's web site, we xi were successful in recruiting from other web sites. Strategies were developed to recruit hardto-fill positions at professional conferences. Employee Benefits also experienced the challenges of the marketplace with health and dental insurance carriers. Due to the continued increase in healthcare premiums, the County negotiated with CIGNA Healthplan to introduce a modification to the current plan that resulted in the plan being divided into three options. These three different options provide key benefit and costs differences based on the freedom, choice, and use of high cost health care delivery. The overall cost for the entire plan increased by $8.9 million, however, the County picked up an average of 83% of the cost. County employees continued to see their salaries be more competitive with the local market. During this fourth year of a broadbanding strategy, more than 13,000 salary advancements were processed for equity, merit or position changes. Human Resources has made its reports available on the County’s Intranet. The accessibility of these reports has eliminated thousands of pieces of paper and significantly reduced the distribution time. The other benefit to the accessibility of the reports on the Intranet is that departments can manipulate the data as needed and access their department’s information in real time. In addition, the Human Resources Management System (HRMS) is also now accessible to departments on-line. This allows departments limited access to update or change personnel information and sort paychecks. In the area of Employee Development, classes for professional and personal growth increased 57 percent from the prior fiscal year. In addition, the Tuition Reimbursement program experienced an increase of 27 percent in participants, a 44 percent increase in the number of classes attended, and a 38 percent increase in total tuition dollars used. All allocated funds for Fiscal Year 2000-01 were utilized and a 40 percent increase in funds was made available for Fiscal Year 2001-02. Comprehensive Capital Improvement Program To address the County’s planning needs, a comprehensive five-year capital improvement program has been developed. The plan is being financed through the sale of lease revenue bonds that were secured at a competitive rate. The structured repayment schedule aligns with the County’s current budget and forecasted resources. Additionally, the efficient management of County resources over the past two fiscal years has allowed for the set aside and designation of accumulated funds that will cover the principal on the lease revenue bonds. General Fund projects that were undertaken in fiscal year 2000-01 include: a parking structure and Clerk of the Court Service Center, planning for a Medical Examiner facility, planning for a downtown administration building, planning for regional court centers as well as the purchase of existing buildings to replace leased space or antiquated existing County-owned buildings. The next several paragraphs of this transmittal letter address each of the accomplishments of the comprehensive master space planning and capital improvement program. Comprehensive Master Space Planning - A Facilities Strategy Moves Forward The strategy of the Board of Supervisors to gradually transition from leased facilities to owned facilities moved forward in several ways during the past year. The County purchased 220,000 square feet of office space in the Security Center Building in downtown Phoenix. As current tenants depart and renovations are completed, available space will be back-filled with County Departments. Complete move in will require several years due to the length of several existing xii leases. A bonus was received when the County became the first customer of Northwind Phoenix, a supplier of chilled water to be used to cool the building. Using chilled water instead of replacing the aging cooling equipment will save the County nearly a million dollars in renovation costs and will substantially reduce the electrical consumption in those buildings. A parking structure for 1,800 cars and new facilities for the Clerk of the Court’s Customer Service Center was completed on Jackson Street. Cost of the facility was split between Jail Tax and General Fund revenues, since nearly half the parking spaces will eventually be utilized by detention officers and others connected with the County’s new 4th Avenue Jail. The Medical Examiner Facility involves the construction of a 62,000 square foot Forensic Science Center located near the downtown County complex. The facility will house autopsy suites, labs, and administrative offices. Construction will begin in Fiscal Year 2001-02 and will be completed in fiscal Year 2002-03. Design of the County’s new downtown administration building proceeded rapidly during the past year. This new facility will consist of over 700,000 square feet and will include a 24-story office tower, an auditorium for use by the Board of Supervisors, child care, credit union, food service, medical clinic, and a fitness center. This project will be constructed using Construction Manager at Risk, a procedure recently authorized by the Arizona legislature. Land acquisition has been completed and site clearing has been accomplished. The Board of Supervisors continued to invest in the maintenance of existing facilities while planning the construction of new facilities. Major maintenance funds continue to be provided to improve the conditions of mechanical systems throughout the County. By the use of a performance contract to update various lighting systems, nearly $500,000 per year will be saved in electrical costs with a payback of the investment of only seven years. Planning for regional service centers to offer services closer to the population densities continued. Plans for permanent facilities in the northwest, west and northeast sections of the County have been presented to the Board of Supervisors. Criminal Justice System As one of the largest segments of County operations, the Justice and Law Enforcement arena has significant commitments to enhancing case processing. These efforts strive to resolve cases expeditiously to ensure the efficient administration of justice. In turn, this helps lessen the growth in the jail population, and maximizes staff and other resources throughout the system. The County will be working towards proposing and securing enactment of all possible efficiency improvements in the criminal justice system. This will include development of the integrated justice information system, an improved audit function, and performance goals and measures for the entire criminal justice system. During this past fiscal year, significant milestones have been achieved towards installing key computer software infrastructure, which will be essential to launching the integration of justice information systems for the County Justice and Law Enforcement Agencies. This foundational piece in our strategy for the justice community will begin producing significant efficiencies that will greatly assist our efforts to reduce the average length of stay in our jail facilities. Jail and Detention Facilities In November of 1998, the citizens approved a dedicated 1/5 of one-cent sales tax to fund the construction and operation of adult and juvenile detention facilities (Proposition 400 - jail tax xiii initiative). This initiative will allow the County to relieve the overcrowding in our facilities and keep up with the growth expected as the population in Maricopa County continues to grow. A programming study based on the Jail Master Plan was finalized in July 1999, which identified specific facility and budget requirements. The following are the major Capital Improvement Projects: • 4th Avenue Jail: This new downtown jail facility will house 1,360 pre-trial maximum-security inmates. It is a mid-rise building designed to be architecturally compatible with existing buildings in the area. An underground tunnel will be constructed to connect this facility to the existing tunnel system between Madison Street Jail, First Avenue Jail, and Superior Courts. The construction contract was awarded in July 2001 and construction is currently underway. Completion is scheduled for November 2003. • Jackson Street Garage: This design/build pilot project is completed and partially in use. It accommodates 1,800 vehicles, 800 of which are programmed for use of the new 4th Avenue Jail. The Clerk of the Court Service Center is also housed at this site. This project was funded from a combination of General Fund and Jail Tax revenues. • Lower Buckeye Jail: This campus totals 805,000 square feet. It will provide over 1,800 beds for maximum, medium, and minimum-security adults, remanded juveniles, a psychiatric unit, and an infirmary. Administrative support offices for jail command and Correctional Health Services are also housed in this facility. This project will additionally provide central services for the entire system. These services include a food factory, central warehouse, central laundry, video visitation, inmate education, and library. Central Services construction began in January 2001 and the project will be completed by August 2002. Construction of the detention portion of the project began June 2001 and anticipated completion is scheduled for July 2003. • Juvenile Detention and Courts: 220 new detention beds will be added at the Durango Complex, with ancillary support services such as education, visitation, recreation, intake, medical, and administration. In addition, a new 12-court Juvenile Courthouse, with support space for Juvenile Court Administration, Clerk of the Superior Court, County Attorney, Public Defender, and Probation will also be added. The Durango Juvenile Detention and Courthouse contract was awarded in September 2001, with work beginning immediately thereafter. A 48-bed residential treatment center will also be constructed at the Durango Complex. This project will begin in October 2001 and be completed a year later. At the Southeast Facility in Mesa, 120 beds will be added, with one courtroom addition, and a parking structure for 400 spaces. The parking structure has been completed and construction for all remaining juvenile projects will be completed by late 2003. Maricopa Integrated Health System In Fiscal Year 2000-01, Maricopa Integrated Health System (MIHS) has continued to invest significant capital dollars into the health care system. The Avondale Family Health Center opened in October 2000. Construction of the Comprehensive Health Care Center began in January 2001 and will be completed in November 2001. This $17 million project will expand ambulatory capacity for both primary and specialty care on the Maricopa Medical Center campus. The closure of four behavioral health facilities in Maricopa County prompted MIHS to acquire a 120-bed behavioral health facility in Mesa, Arizona. This acquisition will improve the delivery of behavioral health care in Maricopa County by providing needed services for these populations in a broader geographic range. Full occupation of this facility will occur in the fourth xiv quarter of Fiscal Year 2001-02. These state of the art facilities have placed MIHS as a health care leader in their respective communities. MIHS will continue to invest in technologies and equipment that improve diagnostic capabilities and reduce costs by improving efficiencies. Procurement Practices Maricopa County, with the assistance of a consultant, completed an initiative to determine the feasibility of implementing an electronic procurement system. Based on the results of that study, a solicitation was issued to identify available solutions. The responses received indicated that this is a relatively new and rapidly evolving area and that the available solutions are immature and limited in their functionality. Currently, the Department of Materials Management is developing a return on investment analysis to determine whether one or more of the solutions are viable for further consideration. In addition, the opportunities to develop and implement application specific solutions for portions of the procurement process are being investigated. The areas seen as providing the greatest potential for incremental solution development include vendor registration and solicitation processes. For the Future... Comprehensive Capital Improvement Program, Comprehensive Master Space Planning, Jail and Detention Facilities, Maricopa Integrated Health System, and Procurement Practices - Ongoing efforts in each of these areas will remain a strategic goal for Maricopa County for Fiscal Year 2001-02. In addition, the following details some specifics on other Maricopa County initiatives, some new and some ongoing, that will be focused on during Fiscal Year 2001-02. Managing for Results During Fiscal Year 2001-02, efforts are continuing on Maricopa County’s Managing for Results initiative. To fully integrate Managing for Results, there is a great deal of work in progress, including: a complete redesign of the budget/accounting structure in order to capture costs at the activity level; a redesign of the performance management system which will standardize the system and align every employee to activity results; development of a comprehensive data collection and reporting system and an enhanced performance audit function. In addition, as of July 2001, departments are utilizing a new method to capture departmental costs by Program, Activity and Service (PAS) within the County’s financial system. This method is being referred to as PAS Costing. The cost information collected through this process will be instrumental in determining various measures, activity-based budgets and effective resource planning. Maricopa County is in the process of developing the process and procedures for updating each department’s MFR strategic management plan. These plans were never intended to be static but rather as living documents that are updated as each department’s issues and goals change and reflect the current needs of that department’s customers. Each department’s plan can be viewed by all stakeholders by visiting the County’s Internet home page located at www.maricopa.gov/cio/mfr/viewonly.asp. Mandated Health Care Health Care issues continue to comprise the largest outlay of funds for the County. Maricopa County is responsible for funding a large portion of the State of Arizona’s acute care called the Arizona Health Care Cost Containment System (AHCCCS) and long-term care program called Arizona Long Term Care System (ALTCS). Beginning in Fiscal Year 2001-02, Arizona counties xv will increase their contribution to the AHCCCS plan with an additional supplement to help support Proposition 204 which was passed by the voters in November 2000. This proposition is a mandate from the voters to raise the state indigency standards from the current level of about 33% of the federal poverty level (FPL) to 100% of FPL. This will add 137,000 - 185,000 new recipients to the health acute care program (AHCCCS). In addition, the state legislature will centralize the eligibility services at the state level, relieving the counties of the medical eligibility processing for the medically needy, medically indigent population – a process that is currently costly for the taxpayer and cumbersome for the applicants. This new streamlined procedure will better serve the citizens and will begin in October 2001. The partial year impact will result in an increase in the County’s AHCCCS contribution of $4.2 million. The County will have a savings as our eligibility function will be absorbed by the State, but we will also add a transfer of $13 million to the hospital. The Fiscal Year 2000-01 budget also reflects a $4.9 million increase in the ALTCS contribution due to higher anticipated enrollment and higher long-term care costs. Although this legislation will have a positive long-term impact on our costs, Maricopa County is still facing a possible residual liability from our medical eligibility mandate. In the spring 1998, the County reached a $22 million global settlement with hospitals for $180 million in claims that the hospitals felt should have been paid for by the Maricopa County taxpayers. This settlement was intended to encourage the health care institutions to work collectively with the County to enroll indigent patients on the AHCCCS rolls as quickly as possible. Had this strategy worked, more preventive care could have been given, and county taxpayer costs would have leveled off. However, the global settlement seemed to revitalize the hospitals’ intent to file suit on unpaid claims, and the collaboration did not occur. Now our pending claim resolution/litigation pool could reach over $400 million. Litigation costs and potential adverse court decisions could yet have a devastating impact on our financial health. Maricopa County officials will do all they can to protect taxpayer funds by aggressively defending against claims the County believes are not eligible under state statutes. Maricopa County is also focused on public health issues that affect our community. Increased funding is being provided for the childhood immunization program, laboratory technicians to help identify communicable disease in the community, and our vector control program. These community health issues continue to be a high priority for the Board of Supervisors and County administration. Human Resources Management In order to be an active partner in the Managing for Results culture, Human Resources (HR) has redefined its mission to state "to provide leadership and human resources systems and programs to officials, departments and agencies so that they can achieve their business results." The strategic goals are a mandate for change: • A new Performance Management process will be implemented to support the County's Managing for Results philosophy. Plans align each employee’s performance with departmental strategic plans, identify expected results, and provide an opportunity for employee growth and development. • New technology will be introduced for electronic timekeeping, which will assign personnel costs to programs, activities and services identified in each department’s strategic plan. A hosted, employee benefits system will also be installed to allow more flexibility in benefit related payroll deductions. xvi • HR professional staff will begin the process of adding additional value to the organization by transitioning their transactional services to become more of a subject-matter expert consultant to departments. • By June 2002, internal customers will report that HR services and delivery methods have been redefined and redesigned so that they meet the emerging business needs of their department/agency. • By 2003, HR will have implemented a responsive, flexible and competitive total compensation and benefits program, managed within available resources, so that the number of employees leaving voluntarily is reduced. The Human Resources Department will demonstrate corporate leadership through performance consulting and innovative transactional support as indicated by results achieved, customer reporting and active partnership in department and strategic planning. Criminal Justice System The County will be working towards proposing and securing enactment of all possible efficiency improvements in the criminal justice system. This will include development of the integrated justice information system, an improved audit function, and performance goals and measures for the entire criminal justice system. Additional major strategies dealing with improving the justice and law enforcement system include: expand juvenile and adult jail capacity and provide related facilities (Proposition 400 - jail tax initiative); develop regional centers for courts not-ofrecord and/or reduce transports to justice of the peace courts; implement differentiated case management; eliminate unnecessary court proceedings; consolidate criminal divisions to a common location; expand pretrial release supervision; enhance substance abuse evaluation and programming; expand drug court; and expand community based programs for juveniles. Information Technology The County’s Information Technology (IT) initiatives focus on implementing innovative approaches to information technology management and service delivery within three domains: Enterprise IT Management, Citizen Centric IT, and Departmental IT. The Enterprise IT Management activities address county-wide needs, including The On-line Technology Planning Continuum, which is an Intranet-based IT management tool developed internally to capture key information regarding County IT operations and strategies. Every IT department leader is responsible for entering information for their area. This on-line management tool has been developed to provide a fast and convenient method for organizing and analyzing information about County technology management issues. Transforming Maricopa County into Information Age Government is the leading Citizen Centric IT program. A formal Electronic Government Council (E-Gov Council) has been established, comprised of senior business leaders from around the County. The E-Gov Council is chaired by the County Administrative Officer and is composed of elected officials, chief officers, department heads, key county staff, and external representatives. The E-Gov Council has been chartered with establishing a compelling program for E-Government. The focus and dedication of resources to Citizen Centric IT and Departmental IT initiatives are reflected in the two prestigious national awards and six (6) National Association of Counties (NACO) technology awards received in 2001. xvii Service Efforts and Accomplishments: Service efforts to shape and maintain Maricopa County as a sustainable community were made in the past year. The following are some of the service efforts and accomplishments of County staff during Fiscal Year 2000-01. 2001 National Association of Counties (NACO) Achievement Award Winners: Department Adult Probation Animal Care & Control Assessor Clerk of the Court County Attorney Environmental Services Human Services Internal Audit Juvenile Court Juvenile Probation Maricopa Integrated Health System Parks & Recreation Planning & Development Public Health Recorder Sheriff Stadium District Superior Court Transportation Program Title Victim and Community Help Line; Reach Out Pets 911 Trailblazer; No Kill Pet Education Center Electronic Transfer Building Permits; Internet Residential Comparable Sales Parental Conflict Resolution Class Elder Abuse & Exploitation Risk Based Assessment for Offsite Food Service; Inspection of the Mobile Food Trade People’s Resource Kit Internal Audit Control Bulletin; Financial Condition Report Children’s Resource Staffing S.A.F.E. – Safety Awareness for Employees Roundtable 101 Spurs Cross Ranch Acquisition White Tank & Grand Avenue Master Plan Private Partnership for Affordable Colposcopy Services Digital Recording Most Wanted Child Web Page Non-Baseball Events Jury Deferral Via the Internet Utility Resource Guide; Guaranteed Delivery of New Title Reports The Environmental Health Division of the Environmental Services Department was awarded with the 2001 Crumbine Award. Named for one of the nation’s preeminent public health sanitarians, this annual award is presented to the local public health agency that demonstrates unsurpassed food protection services to its community. The Department’s web site and business application system were recognized as significant contributors. The Department was also recognized by all Maricopa County mayors through a MAG Regional Council certificate of appreciation for our enhanced dust control program. The Department’s web site can be located at www.maricopa.gov. Maricopa County Department of Transportation (MCDOT) received the 2001 Golden Web Award. This Award is presented by the International Association of Webmasters and Designers (I.A.W.M.D.) in recognition of MCDOT’s commitment to the pursuit of website excellence. This web site can also be located at www.maricopa.gov. xviii The Clerk of the Superior Court’s Family Support Center (FSC) was honored with two distinguished awards from the Arizona Family Support Council for achieving excellence in the child support enforcement field at a statewide level. The FSC was awarded the “Program Outreach Award” and FSC staff member was selected as “Clerk of the Year.” The FSC also received the “Best in Parenting Program Award” from the Children’s Rights Council, a national organization in Washington D.C., for their efforts in producing a three-part video series titled “Family Ties and Knots.” The videos are educational pieces designed to promote access between non-custodial parents and their children. The Human Services Department's Head Start program received the national "Program of Achievement" award by the National Head Start Association (NHSA), and is the first program, and, thus far, the only program to receive this designation within Region IX of the U.S. Department of Health and Human Services (USDHHS). The award was given based on 10 performance areas including, administrative systems; personnel systems; fiscal competency; parental involvement; public advocacy; cultural diversity; program enrichment and innovation; family partnerships; community partnership; and health services. The 51st Avenue Bridge at the Salt River - opened on May 22, 2000 - received the Arizona Public Works Association Project of the Year 2000 Award - 51st Avenue Design Build Bridge. This project clearly demonstrates innovation in management through the utilization of the design/build process. Because of design/build, construction time as well as taxpayer dollars were saved. In addition, the new bridge was constructed approximately 100 feet east of the existing bridge, therefore allowing traffic to remain open on the existing bridge during construction, with minimal disruption. The 51st Avenue Bridge Project with the Design/Build process demonstrates the County’s commitment to new technology, new ideas, and competitive delivery of service. FINANCIAL INFORMATION 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. Single Audit Maricopa County receives both federal and state financial assistance and is responsible for ensuring that an adequate internal control structure is in place to ensure compliance with applicable laws and regulations related to those programs. Management and the accounting staff periodically evaluate this internal control structure. As part of the government’s single audit, tests are made to determine the adequacy of the internal control structure, including that xix 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. Budgetary Controls The County also maintains budgetary controls. The objective of these controls is to ensure compliance with budgetary and legal provisions embodied in the annual appropriated budget approved by the Board of Supervisors. The level of Budgetary Control (that is, the level at which expenditures cannot legally exceed the appropriated amount) is established at the department level and is aided during the fiscal year by the use of encumbrances of estimated purchases. Open encumbrances lapse at year-end and are re-budgeted as needed in the next fiscal year. The County’s budget process provides for input from department administrators, top management, elected officials, and the public in determining the County’s programs and services for the coming year. As demonstrated by the statements and schedules included in the financial section of this report, the County continues to meet its responsibility for sound financial management. General Government Functions Governmental funds include general, special revenue, capital projects and debt service funds. These funds are presented on the modified accrual basis of accounting. Revenues are recognized when they are both measurable and available to finance current expenditures. GOVERNMENTAL REVENUE SOURCES The amounts of governmental fund revenues from various sources for the Fiscal Years 2000 and 2001 are shown below (in thousands): Amount Revenue Sources Taxes Licenses & Permits Intergovernmental Charges for Services Fines & Forfeits Miscellaneous Total 2001 2000 Increase Percent of Total 2001 2000 $ 316,624 23,689 803,713 65,836 14,908 65,661 $ 296,029 22,187 783,238 62,026 14,583 49,295 $ 20,595 1,502 20,475 3,810 325 16,366 25% 2 62 5 1 5 24% 2 64 5 1 4 $1,290,431 $1,227,358 $ 63,073 100% 100% xx Licenses & Permits 2% Taxes 25% Miscellaneous 5% Fines & Forfeits 1% Intergovernmental 62% Charges for Services 5% During Fiscal Year 2000-01, the County experienced an increase in governmental revenues from the previous year of $63.1 million, a 5.1 percent increase. The main sources of this increase are Taxes and Intergovernmental revenue. The following narrative will provide information regarding the year to year change for each revenue source. Taxes Assessed Valuations: The primary valuation in 2000 increased by 10.9 percent to $19.4 billion and the secondary valuation increased by 11.8 percent to $20.9 billion when compared to the previous year. The secondary valuation is a more accurate indicator of market conditions since increases in the primary valuation are controlled by State Statute. Property Tax Collections: Current tax collections were 96.9 percent of the levy, the same as the previous year. Total property tax collections were $298.8 million, approximately $21.3 million more than the previous year, due to an increase of $22.6 million in the levy. Historically, collections against the year’s levy have been approximately 96.3 percent, based on the last 10 years. The balance of the tax revenue source is comprised of in lieu taxes and penalties and interest on past due taxes. In lieu taxes include the Salt River Project contributions and in lieu taxes from various governmental entities. In lieu taxes declined $1 million from the previous year to 7.3 million. Penalties and interest increased $0.7 million from the previous year to $10.0 million. Licenses & Permits Fees levied for licenses and permits as authorized by Arizona Revised Statutes include environmental permits ($4.7 million), building safety permits ($6.4 million), air pollution permits ($4.8 million), animal licenses ($3.4 million), and others. Licenses and permits increased by $1.5 million compared to the previous year on a relatively even basis across all permit types. Intergovernmental Major items included in intergovernmental revenue during fiscal year 2000-01 are Sales Tax ($322.4 million), Jail Tax ($97.8 million), Vehicle License Tax ($100.0 million), Highway User Fuel Tax ($78.2 million), and Federal and State grants. The major items causing the increase in intergovernmental revenues ($20.5 million), are the $13.4 and $5.8 million increase in Sales Tax and Jail Tax, respectively. xxi Sales Tax: The State collects transaction privilege taxes (Sales Tax) on nearly 20 types of business activities. A portion of each of these taxes is allocated to a pool for distribution to cities, counties and the State. Of this pool, 40.5 percent is allocated to Arizona counties. This allocation is based on a statutory formula that utilizes a county's population, assessed value and location of actual sales tax receipts compared to the total of all of these for all counties. Sales Tax of $322,429,593 increased $13,420,393 or 4.3 percent over the previous year. Jail Tax: The County assesses a 0.2 percent Jail Tax on all transactions subject to the State Transaction Privilege Tax to fund the construction and operation of adult and juvenile detention facilities. This tax became effective January 1, 1999. Total collections of Jail Tax of $97,752,375 increased $5,767,659 versus Fiscal Year 1999-00 or 6.27 percent. Vehicle License Tax: The State assesses Vehicle License Tax annually on all vehicles. The County General Fund distributes 50 percent of Vehicle License Tax received from the State to incorporated cities and towns and retains the remaining amount in the General Fund. The distribution to the cities and towns is based upon relative population. In addition, the Transportation Fund receives Vehicle License Tax directly from the State. Combined General Fund and Transportation Fund Vehicle License Tax of $100,019,454 increased $5,588,388 or 5.9 percent over the previous fiscal year. Highway User Fuel Tax: The State levies a gas tax (Highway User Fuel Tax) on motor fuel sold within the State. The primary purpose of the gas tax is to fund the construction and maintenance of streets and highways. Of the gas tax revenues collected, 20 percent is allocated to counties based upon fuel sales and estimated consumption. Highway User Fuel Tax of $78,243,269 increased $925,637 or 1.2 percent versus the previous fiscal year. Charges for Services County customers are charged for service provided based upon the cost of providing the service. In fiscal year 2000-01, major items in this category included court fees ($12.6 million), recording fees ($11.7 million), probation service fees ($8.2 million), street lighting assessments ($3.6 million), car rental surcharge ($5.6 million) and special law enforcement fees ($2.9 million). The total fiscal year 2000-01 charges for services increased $3.8 million or 6.1% mainly due to population growth. Fines & Forfeits The County assesses fines and forfeits in areas in which it is responsible for enforcing laws and codes. Included in the $14.9 million is a total of $9.0 million in fines and forfeits collected by the Justice Courts for traffic and misdemeanor fines. In addition, the Superior Court collected $3.0 million in fines. Fiscal year 2000-01 experienced a $0.3 million increase over the previous year primarily attributable to the Superior Court. xxii Miscellaneous Major items in the $65.7 million of miscellaneous revenues include interest income of $37.9 million, sales at the Sheriff’s Inmate Canteen of $5.9 million, operations revenue from Bank One BallPark of $3.4 million and Flood Control land sales of $1.2 million. GOVERNMENTAL EXPENDITURES BY FUNCTION The amount of expenditures by function for Fiscal Years 2000 and 2001 are shown below (in thousands): Amount Function 2001 General Government Public Safety Highways & Streets Health, Welfare and Sanitation Culture & Recreation Education Capital Outlay Debt Service Totals Increase (Decrease) 2000 Percent of Total 2001 2000 $ 101,679 459,487 59,803 295,159 16,323 16,553 229,744 31,768 $ 91,629 422,454 55,450 278,987 15,302 17,854 181,401 31,717 $ 10,050 37,033 4,353 16,172 1,021 (1,301) 48,343 51 9% 38 5 24 1 1 19 3 8% 39 5 25 1 2 17 3 $1,210,516 $1,094,794 $ 115,722 100% 100% Public Safety 38% Gen. Government 9% Debt Service 3% Highways & Streets 5% Capital Outlay 19% Education 1% Culture & Recreation 1% Health, Welfare & Sanitation 24% Expenditures for governmental fund types increased by $115.7 million or 10.6% from the prior year. The following narrative will provide information regarding the year to year change for each expenditure function. General Government During Fiscal Year 2000-01, General Government expenditures increased $10.0 million. Some of the most significant expenditures within General Government are for Facilities Management ($21.2 million), County Assessor ($14.1 million), Elections ($9.1 million), Information Technology ($4.9 million), Human Resources ($3.6 million), and Treasurer ($3.4 million). The increase of $10.0 million versus Fiscal Year 1999-00 occurred primarily in Elections ($3.1 million) due to additional costs related to the Presidential Election, in xxiii Facilities Management ($1.8 million) due to increased spending for repairs and maintenance and in Human Resources ($1.1 million) due to the shift in employees from the Employee Benefits Trust Fund to the General Fund. Public Safety The major areas in Public Safety ($459.5 million) include the Jail Operations Fund ($114.1 million), the Court System ($106.2 million), the County Attorney’s Office ($47.8 million), the Sheriff’s Office ($46.8 million), and Adult Probation Services ($50.8 million). The major areas of increase in Public Safety ($37.0 million) during Fiscal Year 2000-01, were the increases in the Jail Operations Fund ($12.4 million), in the Court System ($9.9 million), in the County Attorney’s Office ($4.0 million) and in Adult Probation ($1.2 million). Highways & Streets The increase in Highways and Streets for Fiscal Year 2000-01 of $4.4 million occurred within the Transportation Fund. This increase of 7.8 percent in expenditures exceeds the 1.2 percent increase in Highway user revenue versus the previous fiscal year and as a result, fund balance in the Transportation Fund was reduced. Health, Welfare & Sanitation Expenditures in Health, Welfare and Sanitation increased by $16.2 million from the prior year or 5.8 percent. The increase occurred primarily in Public Health and Human Services. In addition, Health Care Mandates increased since the Arizona Long-Term Care System payment to the State increased by $3,073,579. Culture & Recreation Expenditures in Culture and Recreation increased $1.0 million during Fiscal Year 2000-01. The majority of this increase occurred in the Library District ($0.6 million) for the annual operating cost of the Southeast Regional Library. Education The majority of the decrease of $1.3 million in Education during Fiscal Year 2000-01 was due to a $1.2 million decrease in expenditures in the Accommodation Schools (Thomas J. Pappas School for Homeless Children). Capital Outlay Capital Outlay increased $48.3 million to $229.7 million during fiscal year 2000-01. The most significant increase occurred in the Jail Construction Fund ($33.9 million), due to the costs related to the new jail and detention facilities. The County Improvement Fund increased spending by $28.4 million mainly due to the costs related to the acquisition of the Security Bank Building ($8.9 million) and the Clerk of the Court Service Center (12.4 million). These spending increases were partially offset by reductions in spending in other funds including the Flood Control District ($5.5 million). Debt Service The increase of $51 thousand in Debt Service expenditures compared to the previous year is primarily due to a increase in principal and interest payments related to the Stadium District Bonds. xxiv Governmental Fund Balance Fund balance reflects the excess of revenues over expenditures and other changes in financial reserves. For fiscal year 2000-01 total fund balance for the all governmental funds increased $185.4 million to end the year at $647.5 million. Proprietary Operations The County’s five enterprise funds provide healthcare and solid waste disposal services. Combined Enterprise Funds total fund equity increased from $116.3 million for Fiscal Year 1999-00 to $120.7 million for Fiscal Year 2000-01, a 3.7 percent increase. During Fiscal Year 2000-01, the Medical Center received payments from the General Fund for their teaching program of $3,547,896, and Pre-AHCCCS claims of $2,958,117, and $15,031,706 transferred from ALTCS to the General Fund and subsequently transferred to the Medical Center. The Non-AHCCCS Health Plan received a Sail grant-matching subsidy of $627,347. All enterprise funds are self-supporting. The Combined Internal Service Funds total fund deficit improved from $15.6 million in Fiscal Year 1999-00 to $10.9 million in Fiscal Year 2000-01. Total fund equity is in a deficit position due to management’s decision to not fully fund the liability for incurred but not reported claims in the Risk Management Fund. Debt Administration Maricopa County received rating upgrades from Fitch IBCA (AA) and Moody’s Investors Service (Aa3) in May of 2000. Moody’s Investors Service Press Release dated May 26, 2000, states that the bond upgrade “reflects improvement in the county’s financial position, due to the continuation of conservative fiscal strategies and the elimination of non-service support of the county hospital”. The Aa3 rating also reflects the county’s large and diverse economic base, which continues to experience significant growth, and the county’s low debt position.” The upgrade from Moody’s Investors Services follows an upgraded debt rating for Maricopa County’s general obligation bonds from Moody’s Investors Services from A2 to A1 in November 1998. Outstanding general obligation bonds at June 30, 2001, totaled $58,205,000. The ratio of net direct bonded debt to assessed valuation and the amount of bonded debt per capita are useful indicators of the County’s debt position, and are used by management, citizens, and investors. Net bonded debt is the total general obligation bonded debt (less fund balance reserved for debt service) supported by secondary property taxes. This data as of June 30, 2001, and 2000 was as follows. June 30, 2001 June 30, 2000 Net Direct Bonded Debt (in thousands) $ 58,205 $ 79,595 Net Direct Bonded Debt per capita $ 18.95 $ 27.64 Ratio of Net Direct Bonded Debt to Secondary Assessed Valuation .28% .43% More detailed information about outstanding bonds can be found in the notes to the financial statements and statistical section of this report. xxv Cash Management 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 2001 was 5.54%. Interest earned by County funds is apportioned quarterly based on the average daily cash balance. 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 $1,000,000 per occurrence of general and auto liability, $1,000,000 per occurrence of medical malpractice, and $250,000 per occurrence of workers compensation. Coverage in excess of these respective amounts is provided through the purchase of commercial insurance. During the fiscal year ending June 30, 2001, there was no significant reduction in excess insurance coverage. 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. Fiduciary Operations Agency Funds are custodial in nature (assets equal liabilities) and do not involve measurement of operations. The principal Agency Funds are Property Tax Collection and Special Purpose Funds. In addition, the County manages Investment Trust Funds under the direction of the County Treasurer. These funds invest cash held by the County for other governments as well as cash held by funds within the County. OTHER INFORMATION 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 generally accepted governmental auditing standards, and the Auditor’s Opinion is included as part of 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 xxvi 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. 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, 2000. This was the twelfth 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 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 xxvii xxviii FINANCIAL SECTION Independent Auditors’ Report Citizen’s Audit Advisory Committee General Purpose Financial Statements General Purpose Financial Statements - Notes Combining, Individual Fund And Account Group Statements And Schedules: General Fund Special Revenue Funds Debt Service Funds Capital Projects Funds Enterprise Funds Internal Service Funds Trust And Agency Funds General Fixed Assets Account Group General Long - Term Debt Account Group 3 4 Financial Section General Purpose Financial Statements The General Purpose Financial Statements are intended to provide the users with an overview and broad perspective of the financial position and results of operations for Maricopa County as a whole. 7 Combined Balance Sheet All Fund Types And Account Groups As of June 30, 2001 GENERAL GOVERNMENTAL FUND TYPES SPECIAL DEBT REVENUE SERVICE CAPITAL PROJECTS ASSETS AND OTHER DEBITS Cash in bank and on hand Cash and investments held by County Treasurer Cash and investments held by trustee Receivables (net of allowances for uncollectibles): Taxes Accounts Accrued interest Special assessments Due from other funds Due from other governmental units Inventory of supplies Prepaids Miscellaneous Property, plant and equipment Accumulated depreciation Amount available for retirement of long-term debt Amount to be provided for retirement of long-term debt Total assets and other debits $ 81,124 $ 5,617,725 14,896,025 101,335,078 109,209 $ $ 134,273,766 14,614,260 5,791,488 131,720 1,711,180 1,297,235 656,521 2,859,206 100,927,865 73,898,871 2,291,840 1,296,179 75,689,607 1,057,481 1,214,132 625,484 1,124 373,721 956,110 161,788,188 92,301,202 33,897 27,970 215,137 $ 190,825,534 $ 199,496,130 $ $ $ 33,682,972 7,027,048 382,154 6,877,785 9,264,381 21,300,211 823,123 $ 151,385,287 $ 254,366,394 $ 11,686,341 14,929 1,426 LIABILITIES, EQUITY AND OTHER CREDITS Liabilities: Vouchers payable Employee compensation Accrued liabilities Due to other funds Due to other governmental units Deferred revenue Deposits held for other parties Interest payable General obligation bonds payable Lease revenue bonds payable Stadium District revenue bonds payable Stadium District debt with governmental commitment Special assessment debt with governmental commitment Housing Department bonds payable Housing Department loans payable Capital leases payable Installment purchase agreement Certificates of participation payable Claims and judgements payable Liability for reported and incurred but not reported claims Total liabilities 11,887,465 8,694,980 367,823 4,366,871 4,306,006 1,081,631 3,583,579 21,390,000 830,000 955,000 23,871 29,623,145 79,357,674 2,291,840 2,124,396 1,057,481 Equity and other credits: Contributed capital Investment in general fixed assets Retained earnings (deficits): Unreserved Fund balances: Reserved for inventory of supplies Reserved for capital lease expenditures Reserved for debt service Reserved for investment trust participants Unreserved Total equity and other credits 156,786,153 161,202,389 Total liabilities, equity and other credits $ 190,825,534 27,864,081 11,702,696 137,444 The accompanying notes are an integral part of these financial statements. 8 119,080,975 120,138,456 $ 199,496,130 123,383,762 123,521,206 $ 151,385,287 242,663,698 242,663,698 $ 254,366,394 PROPRIETARY FUND TYPES INTERNAL ENTERPRISE SERVICE $ 1,275 144,400,034 24,761,230 $ 61,127,342 2,338,263 667,920 24,372,355 2,429,908 FIDUCIARY FUND TYPE TRUST AND AGENCY $ 259,903 32,919,674 1,369,777,797 ACCOUNT GROUPS GENERAL GENERAL FIXED ASSETS LONG-TERM DEBT $ $ TOTALS (MEMORANDUM ONLY) JUNE 30, 2001 $ 14,731,516 211,485 2,695 2,521,102 5,647,704 4,091,914 7,556 193,388,716 (89,416,466) 1,930,078 699,923 9,710,434 (5,181,592) 1,077,886,542 $ 348,868,670 $ 34,888,929 $ 1,417,643,167 $ $ 23,393,080 5,646,685 14,549,047 91,260,183 1,830,833 $ 2,771,045 526,255 461,519 1,316,784 $ 206,877 $ 1,077,886,542 $ 123,521,206 280,307,013 403,828,219 $ $ $ 26,330,098 2,981,901 11,585,210 80,462,855 58,205,000 104,355,000 26,342,043 26,980,000 565,560 81,862 1,861,500 14,225,356 20,500,000 229,159 3,023,111 11,824,853 13,575,118 131,306,682 55,947,174 228,204,125 40,708,931 45,784,534 93,468,652 19,632,407 95,236,843 403,828,219 (30,528,012) 120,664,545 $ 348,868,670 34,888,929 83,627,780 48,239,995 15,761,969 102,436,653 27,047,295 26,687,848 81,285,978 3,583,579 79,595,000 124,855,000 27,172,043 27,935,000 589,431 81,862 1,861,500 14,454,515 3,023,111 25,399,971 131,306,682 96,656,105 921,601,317 (3,332,119) 1,321,990,868 415,456 1,322,406,324 (10,895,605) $ 7,745,244 61,259,062 23,148,097 625,484 102,436,653 152,140,245 10,927,103 4,791,837 1,552,524 1,280,985,692 (94,598,058) 123,521,206 280,307,013 4,079,188,872 113,101,059 1,077,886,542 1,077,886,542 27,195,893 48,566,018 1,935,947,218 139,833,534 $ 1,417,643,167 3,349,321 2,124,396 137,444 1,321,990,868 642,330,044 3,157,587,555 1,077,886,542 $ 1,077,886,542 9 $ 403,828,219 $ 4,079,188,872 Combined Statement Of Revenues, Expenditures And Changes In Fund Balances All Governmental Fund Types And Expendable Trust Fund For the Fiscal Year Ended June 30, 2001 GENERAL GOVERNMENTAL FUND TYPES SPECIAL DEBT REVENUE SERVICE CAPITAL PROJECTS REVENUES Taxes $ 239,737,516 Licenses and permits Intergovernmental $ 52,737,945 501,811 23,186,957 421,036,415 382,398,021 Charges for services 22,344,319 43,365,082 Fines and forfeits 11,989,817 2,918,598 Miscellaneous Total revenues $ 24,148,892 $ 278,259 125,432 1,526 20,448,751 38,057,538 4,927,847 1,963,360 716,058,629 542,664,141 29,202,171 2,243,145 EXPENDITURES Current: General government Public safety 98,465,087 3,213,502 219,190,923 240,296,374 190,416,894 104,741,800 Highways and streets Health, welfare and sanitation 59,803,451 Culture and recreation 1,473,618 14,839,225 Education 1,560,625 14,992,304 26,464,631 111,063,229 Capital outlay 92,215,918 Debt service: Principal retirement 24,091,044 Interest charges Total expenditures Excess (deficiency) of revenues over expenditures 7,677,328 537,571,778 548,949,885 178,486,851 (6,285,744) 31,768,372 92,215,918 (2,566,201) (89,972,773) OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out 262,231 92,267,468 (193,719,559) Proceeds of capital leases 125,934,520 103,484,307 (110,068,441) (38,740,925) 165,830 Proceeds of lease revenue bonds Total other financing sources (uses) 111,095,706 (193,291,498) (17,800,973) 125,934,520 175,839,088 (14,804,647) (24,086,717) 123,368,319 85,866,315 160,804,655 144,036,342 152,887 156,797,383 170,675 188,831 Excess (deficiency) of revenues and other sources over expenditures and other uses Fund balances at beginning of year Increase in reserve for inventory of supplies Residual equity transfer in Fund balances at end of year 15,031,706 $ 161,202,389 The accompanying notes are an integral part of these financial statements. 10 $ 120,138,456 $ 123,521,206 $ 242,663,698 FIDUCIARY FUND TYPE EXPENDABLE TRUST $ TOTALS (MEMORANDUM ONLY) JUNE 30, 2001 $ 316,624,353 23,688,768 803,712,695 65,836,359 14,908,415 263,144 65,660,640 263,144 1,290,431,230 101,678,589 459,487,297 59,803,451 295,158,694 10,397 16,323,240 16,552,929 229,743,778 24,091,044 7,677,328 10,397 1,210,516,350 252,747 79,914,880 321,948,526 (142,556) (342,671,481) 165,830 111,095,706 (142,556) 90,538,581 110,191 170,453,461 305,265 462,096,532 359,506 15,031,706 $ 415,456 $ 647,941,205 11 Combined Statement Of Revenues, Expenditures And Changes In Fund Balances Budget And Actual - General, Special Revenue, Debt Service And Capital Projects Funds For the Fiscal Year Ended June 30, 2001 GENERAL FUND BUDGET SPECIAL REVENUE FUNDS ACTUAL VARIANCE BUDGET ACTUAL VARIANCE REVENUES Taxes $ Licenses and permits Intergovernmental 238,965,258 54,027,794 $ 52,737,945 50,000 $ 239,737,516 501,811 $ 772,258 451,811 $ 21,313,311 23,186,957 $ (1,289,849) 1,873,646 417,555,834 421,036,415 3,480,581 433,307,166 371,774,518 (61,532,648) 2,709,937 Charges for services 18,657,036 22,344,319 3,687,283 33,714,142 36,424,079 Fines and forfeits 10,121,000 11,989,817 1,868,817 2,251,559 2,918,598 667,039 Miscellaneous 12,887,785 20,448,751 7,560,966 21,566,303 36,909,332 15,343,029 698,236,913 716,058,629 17,821,716 566,180,275 523,951,429 (42,228,846) General government 128,801,235 106,529,224 22,272,011 5,010,128 3,172,974 1,837,154 Public safety 220,029,735 219,190,923 838,812 263,201,308 236,877,872 26,323,436 60,255,937 59,803,451 452,486 259,234,315 223,172,094 36,062,221 110,303,410 104,741,800 5,561,610 Culture and recreation 1,606,148 1,473,618 132,530 15,097,315 14,414,106 683,209 Education 1,597,858 1,560,625 37,233 Capital outlay 37,684,702 24,073,379 13,611,323 158,011,795 111,063,229 46,948,566 648,953,993 575,999,863 72,954,130 611,879,893 530,073,432 81,806,461 49,282,920 140,058,766 90,775,846 (45,699,618) Total revenues EXPENDITURES Current: Highways and streets Health, welfare and sanitation Debt service: Principal retirement Interest charges Total expenditures Excess (deficiency) of revenues over expenditures (6,122,003) 39,577,615 OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out 62,741,737 41,081,568 (21,660,169) 92,097,135 92,267,468 (187,782,359) (193,719,559) (5,937,200) (113,919,393) (110,068,441) 3,850,952 170,333 (125,040,622) (152,637,991) (27,597,369) (21,822,258) (17,800,973) 4,021,285 (75,757,702) (12,579,225) 63,178,477 (67,521,876) (23,922,976) 43,598,900 76,595,653 158,558,268 78,962,615 100,788,770 139,627,711 33,266,894 $ 115,893,566 Proceeds from sale of bonds Total other financing sources (uses) Excess (deficiency) of revenues and other sources over expenditures and other uses Fund balances at beginning of year 38,838,941 Increase in reserve for inventory of supplies Fund balances at end of year $ 837,951 $ 170,675 170,675 146,149,718 $ 142,311,767 The accompanying notes are an integral part of these financial statements. 12 188,831 $ 188,831 $ 82,626,672 TOTAL DEBT SERVICE FUNDS BUDGET $ 24,591,560 ACTUAL $ 24,148,892 CAPITAL PROJECTS FUNDS VARIANCE $ (442,668) BUDGET $ ACTUAL $ VARIANCE $ 278,259 BUDGET $ 278,259 317,584,612 ACTUAL $ 316,624,353 VARIANCE $ (960,259) 21,363,311 23,688,768 2,325,457 850,863,000 793,089,192 (57,773,808) 52,371,178 58,768,398 6,397,220 12,372,559 14,908,415 2,535,856 14,790,677 3,753,591 4,927,847 1,174,256 11,214,587 1,927,013 (9,287,574) 49,422,266 64,212,943 28,345,151 29,076,739 731,588 11,214,587 2,205,272 (9,009,315) 1,303,976,926 1,271,292,069 133,811,363 109,702,198 24,109,165 483,231,043 456,068,795 27,162,248 60,255,937 59,803,451 452,486 369,537,725 327,913,894 41,623,831 16,703,463 15,887,724 815,739 1,597,858 1,560,625 37,233 328,048,647 227,352,526 100,696,121 62,361,082 23,997,216 38,363,866 7,630,281 7,630,281 1,463,177,399 1,229,916,710 233,260,689 41,375,359 200,575,832 132,352,150 92,215,918 40,136,232 62,361,082 23,997,216 7,630,281 7,630,281 69,991,363 31,627,497 38,363,866 132,352,150 92,215,918 40,136,232 (41,646,212) (2,550,758) 39,095,454 (121,137,563) (90,010,646) 31,126,917 (11,932,234) 103,634,318 137,866,754 38,363,866 125,934,520 (46,454,691) 103,484,307 (150,011) (38,740,925) 7,713,766 (159,200,473) 396,339,944 362,767,863 (348,156,443) (342,528,925) (32,684,857) (33,572,081) 5,627,518 238,970,000 111,095,706 (127,874,294) 238,970,000 111,095,706 (127,874,294) 137,866,754 125,934,520 (11,932,234) 296,149,627 175,839,088 (120,310,539) 287,153,501 131,334,644 (155,818,857) 96,220,542 123,383,762 27,163,220 175,012,064 85,828,442 (89,183,622) 127,953,028 172,710,003 44,756,975 148,052,810 156,526,223 8,473,413 324,490,604 454,712,202 127,221,598 323,064,874 $ 242,354,665 (946,629) $ (MEMORANDUM ONLY) 95,273,913 946,629 $ 123,383,762 $ 28,109,849 $ 13 $ (80,710,209) $ 452,443,632 $ 359,506 359,506 627,781,711 $ 172,338,079 Combined Statement Of Revenues, Expenses And Changes In Fund Equity All Proprietary Fund Types For the Fiscal Year Ended June 30, 2001 PROPRIETARY FUND TYPES ENTERPRISE INTERNAL SERVICE $ $ TOTALS (MEMORANDUM ONLY) JUNE 30, 2001 OPERATING REVENUES Net patient service revenue Charges for services Other Total operating revenues 181,099,075 401,251,736 14,717,881 597,068,692 $ 47,269,363 694,321 47,963,684 181,099,075 448,521,099 15,412,202 645,032,376 OPERATING EXPENSES Personal services Supplies Medical services Other services Legal Insurance Leases and rentals Repairs and maintenance Travel and transportation Utilities Depreciation Miscellaneous 132,297,446 39,945,902 377,469,092 37,986,660 6,438,140 7,203,944 391,291 3,246,374 3,038,388 439 4,078,808 7,313,562 6,016,702 4,113,620 8,054,959 7,093,202 1,198,638 3,698,096 147,249 4,880,611 667,091 408,613 138,735,586 47,149,846 377,469,092 42,100,280 8,054,959 7,484,493 4,445,012 6,736,484 147,688 8,959,419 7,980,653 6,425,315 Total operating expenses 611,784,664 43,904,163 655,688,827 Operating income (loss) (14,715,972) 4,059,521 (10,656,451) 8,459,849 11,900,942 (6,951,022) 13,409,769 34,434 1,650,661 (45,871) 50,164 (170,101) 1,519,287 8,494,283 13,551,603 (6,996,893) 50,164 (170,101) 14,929,056 (1,306,203) 5,578,808 4,272,605 5,578,808 22,194,219 (1,471,264) 24,995,560 NON-OPERATING REVENUES (EXPENSES) Grant revenues Interest income Interest expense Gain on sale of fixed assets Loss on disposal of fixed assets Net non-operating revenues Net income (loss) before operating transfers OPERATING TRANSFERS Transfers in Transfers out Net income 22,194,219 (1,471,264) 19,416,752 Fund equities (deficit) at beginning of year – as restated 116,279,499 (15,649,341) 100,630,158 (825,072) (10,895,605) (15,031,706) (825,072) 109,768,940 OTHER CHANGES IN FUND EQUITIES Net residual equity transfers Transfer to General Fixed Assets Account Group Fund equities (deficit) at end of year (15,031,706) $ 120,664,545 The accompanying notes are an integral part of these financial statements. 14 $ $ Combined Statement Of Cash Flows All Proprietary Fund Types For the Fiscal Year Ended June 30, 2001 TOTALS (MEMORANDUM ONLY) PROPRIETARY FUND TYPES INTERNAL ENTERPRISE SERVICE CASH FLOWS FROM OPERATING ACTIVITIES Operating income (loss) Adjustments to reconcile operating income (loss) to net cash provided by (used for) operating activities: Depreciation Changes in assets and liabilities: Increase in: Accounts receivable Due from other governmental units Miscellaneous Inventory of supplies Prepaids Vouchers payable Employee compensation Due to other funds Liability for reported and incurred but not reported claims Decrease in: Due from other governmental units Vouchers payable Employee compensation Accrued liabilities Due to other governmental units Liability for reported and incurred but not reported claims Net cash provided by (used for) operating activities CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES Grants received Cash transferred from the General Fund Cash transferred to the General Fund Operating transfers from other funds Operating transfers to other funds Interest expense Net cash provided by (used for) non-capital financing activities $ (14,715,972) $ 7,313,562 (30,162,193) (180,883) (3,612) (2,720,387) (1,678,484) 807,926 13,273,070 12,982,343 19,342 (533,155) (50,075) (4,949,095) (1,458,071) (2,490,860) (18,438,620) (2,490,860) 2,957,738 (21,396,358) 8,459,849 34,121,505 (34,121,505) 22,194,219 (1,471,264) (6,951,022) 22,231,782 CASH FLOWS FROM INVESTING ACTIVITIES Interest income Proceeds from sale of investments held by trustee Purchase of investments held by trustee Net cash provided by investing activities 34,434 (2,985,040) 50,164 10,298,277 $ 6,381,916 162,780,623 169,162,539 $ $ $ (185,609) 156,464 29,145 8,494,283 34,121,505 (34,121,505) 22,194,219 (1,471,264) (6,996,893) 22,220,345 (45,871) (11,437) 10,298,277 15 (205,261) (47,668) 860,487 (30,162,193) (180,883) (3,612) (2,925,648) (1,726,152) 860,487 807,926 14,046,824 12,982,343 (50,075) (628,593) 6,975,000 20,500,000 (379,635) (255,353) (816,318) (4,751,785) The accompanying notes are an integral part of these financial statements. 7,980,653 19,342 (4,320,502) (1,458,071) (10,656,451) 667,091 773,754 (30,775,479) SCHEDULE OF NONCASH INVESTING, CAPITAL AND FINANCING ACTIVITIES Transfer of equipment to General Fixed Assets Account Group Deletion of equipment Elimination of accumulated depreciation related to deletions Loss on disposal of fixed assets Deletion of equipment due to change in capitalization policy Deletion of accumulated depreciation due to change in capitalization policy Restatement of July 1, 2000 retained earnings for change in capitalization policy Residual equity transfer out to the General Fund. Cash will be transferred in fiscal year 2001-02. Increase in due to other funds resulting from cash that will be transferred in fiscal year 2001-02. Computer software acquired through financing Computer software acquired through financing resulted in an increase to vouchers payable. Operating transfer in from the General Fund. Cash will be transferred in 2001-02. Decrease in due to other funds resulting from cash that will be transferred in 2001-02. Construction in progress expenses capitalized for services performed Vouchers payable increased for construction in progress expenses accrued Acquisition of medical equipment that was financed through an installment purchase agreement. Installment purchase agreement financed the acquisition of medical equipment. $ (533,155) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition of fixed assets Proceeds from sale of fixed assets Proceeds from sale of certificates of participation Proceeds from sale of bonds Capital lease payments Installment purchase payments Certificate of participation payments Net cash used for capital and related financing activities Net increase in cash and cash equivalents Cash and cash equivalents, July 1, 2000 Cash and cash equivalents, June 30, 2001 4,059,521 JUNE 30, 2001 (2,934,876) (33,760,519) 50,164 6,975,000 20,500,000 (379,635) (255,353) (816,318) (7,686,661) 1,631,505 2,347,238 (2,429,908) 1,548,835 11,929,782 2,347,238 (2,429,908) 11,847,112 1,560,260 23,480,015 25,040,275 825,072 (1,434,694) 439,521 170,101 (923,948) 479,122 444,826 $ $ 7,942,176 186,260,638 194,202,814 825,072 (1,434,694) 439,521 170,101 (1,109,557) 635,586 473,971 15,031,706 15,031,706 (15,031,706) 175,704 (15,031,706) 175,704 (175,704) (15,031,706) 15,031,706 6,847,121 (6,847,121) (175,704) (15,031,706) 15,031,706 6,847,121 (6,847,121) 3,278,464 (3,278,464) 3,278,464 (3,278,464) Combining Statement Of Changes In Net Assets Investment Trust Funds For the Fiscal Year Ended June 30, 2001 TREASURER’S INVESTMENT POOL Additions: Contributions from participants Investment income: Interest income Net increase (decrease) in fair value of investments Net investment income $4,123,990,387 INDIVIDUAL INVESTMENT ACCOUNTS $ TOTAL $ 4,123,990,387 64,992,431 15,364,747 80,357,178 (4,104) (4,104) 64,992,431 15,360,643 80,353,074 Total additions 4,204,347,565 (4,104) 4,204,343,461 Deductions: Distributions to participants Total deductions 4,212,870,225 4,212,870,225 70,808,845 70,808,845 4,283,679,070 4,283,679,070 Net decrease in net assets Net assets held in trust: July 1, 2000 June 30, 2001 (8,522,660) 1,314,908,528 $1,306,385,868 The accompanying notes are an integral part of these financial statements. 16 (70,812,949) $ 86,417,949 15,605,000 (79,335,609) 1,401,326,477 $ 1,321,990,868 Financial Section General Purpose Financial Statements - Notes The Notes to the General Purpose Financial Statements include a summary of significant accounting policies and other disclosures considered necessary for a clear understanding of the accompanying financial statements. Maricopa County Notes to the Financial Statements For the Fiscal Year Ended June 30, 2001 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accounting policies of Maricopa County conform to generally accepted accounting principles applicable to governmental units as promulgated by the Governmental Accounting Standards Board (GASB). A summary of the County's more significant accounting policies follows. The County’s major operations include general government, public safety, highways and streets, health, welfare and sanitation, culture and recreation, education, maintenance and construction. In addition, the County owns and operates five enterprise activities: two health plans, a long-term care system, a medical center and landfills. A. Reporting Entity Maricopa County is a general purpose local government governed by a separately elected board of five county supervisors. These general purpose financial statements present all fund types and account groups of the County (a 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, and so 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 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 various school districts and some special districts within the County are governed by independently elected boards, and the County is not obligated in any manner for the debt of such districts. Therefore, the financial statements of such districts are not included in the accompanying financial statements except to reflect amounts held in a fiduciary capacity by the County Treasurer. 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. The District’s activities are reported in the Special Revenue Funds and its fixed assets are reported in the General Fixed Assets Account Group. 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. The District’s activities are reported in the Special Revenue Funds and its fixed assets are reported in the General Fixed Assets Account Group. 19 Notes to the Financial Statements (Continued) Maricopa County Public Finance Corporation The Maricopa County Public Finance Corporation is a nonprofit corporation created by the Maricopa County Board of Supervisors to assist in the acquisition, construction and improvement of County facilities, including real property and personal property. As the County Board of Supervisors serves as the Board of Directors of the Public Finance Corporation, 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. The Corporation has no assets or operating activities to report. The Corporation’s activities resulting from these certificates of participation and lease revenue bonds are reported in the Governmental Funds, the Enterprise Funds, and the General Fixed Assets and General Long-Term Debt Account Groups. 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. The Districts’ activities are reported in the Debt Service Funds and their long-term liabilities are reported in the General Long-Term Debt Account Group. 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. The District’s activities are reported in the Special Revenue, Debt Service, and Capital Projects Funds and its fixed assets and long-term liabilities are reported in the General Fixed Assets and General Long-Term Debt Account Groups. 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. The Districts’ activities are reported in the Special Revenue Funds. 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. 20 Notes to the Financial Statements (Continued) Related Organization The Industrial Development Authority of Maricopa County (Authority) is a legally separate entity that was created to promote industry and develop trade by inducing manufacturing, industrial and commercial enterprises to locate to Maricopa County. The Authority issues bonds for which the proceeds are lent to qualified businesses to finance projects located within the County. The County Board of Supervisors appoints the Authority’s Board of Directors. However, 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. Fund Accounting The County's accounts are maintained in accordance with the principles of fund accounting to ensure that limitations and restrictions on the County's available resources are observed. The principles of fund accounting require that resources be classified for accounting and reporting purposes into funds or account groups in accordance with the activities or objectives specified for those resources. Each fund is considered a separate accounting entity, and its operations are accounted for in a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues, and expenditures or expenses. Account groups are reporting devices to account for certain assets and liabilities of the governmental funds not recorded directly in those funds. Accounts are separately maintained for each fund and account group; however, in the accompanying financial statements, funds that have similar characteristics have been combined into generic fund types that are further classified into broad fund categories. A description of the fund categories, types, and account groups follows. 1. Governmental Funds account for the County's general government activities using the flow of current financial resources measurement focus and include the following fund types: The General Fund is the County's primary operating fund. It accounts for all financial resources of the County, except those required to be accounted for in other funds. The Special Revenue Funds account for specific revenue sources, other than expendable trusts and major capital projects, that are legally restricted to expenditures for specific purposes. The Debt Service Funds account for resources accumulated and disbursed for the payment of general long-term debt principal, interest, and related costs. The Capital Projects Funds account for resources to be used for acquiring or constructing major capital facilities, other than those financed by Proprietary Funds. 2. Proprietary Funds account for the County's ongoing activities that are similar to those found in the private sector using the flow of economic resources measurement focus. The County applies only those applicable Financial Accounting Standards Board (FASB) Statements and Interpretations, Accounting Principles Board (APB) Opinions, and Accounting Research Bulletins (ARB) issued on or before November 30, 1989, to its proprietary activities unless those pronouncements conflict with or contradict GASB pronouncements. The County’s proprietary funds include the following fund types: 21 Notes to the Financial Statements (Continued) The Enterprise Funds account for operations that are financed and operated in a manner similar to private business enterprises, in which the intent of the Board of Supervisors is that the costs (expenses, including depreciation) of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges; or for which the Board of Supervisors has decided that periodic determination of revenues earned, expenses incurred, or net income is appropriate for capital maintenance, public policy, management control, accountability or other purposes. The Internal Service Funds account for the financing of goods and services provided by the department or agency to the County departments or agencies, or to other governments on a costreimbursement basis. 3. Fiduciary Funds account for assets held by the County on behalf of others, and include the following fund types: The Expendable Trust Fund is accounted for in essentially the same manner as the governmental fund types, using the same measurement focus. Expendable trust funds account for assets where both the principal and interest may be spent. The Investment Trust Funds account for investments made by the County on behalf of other governmental entities using the economic resources measurement focus. The Agency Fund is custodial in nature and does not present results of operations or have a measurement focus. This fund is used to account for assets that the government holds for others in an agency capacity. 4. Account Groups are used to establish control and accountability for certain County assets and liabilities that are not recorded in the funds and include the following two groups: The General Fixed Assets Account Group accounts for all fixed assets of the County, except those accounted for in Proprietary Funds. The General Long-Term Debt Account Group accounts for all long-term obligations of the County, except those accounted for in Proprietary Funds. C. Basis of Accounting Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied, and determines when revenues and expenditures or expenses are recognized in the accounts and reported in the financial statements. The financial statements of the Governmental, Expendable Trust, and Agency Funds are presented on the modified accrual basis of accounting. Revenues are recognized when they become measurable and available to finance expenditures of the current period. Expenditures are recognized when the related fund liability is incurred, except for principal and interest on general long-term debt that are recognized when due. However, since debt service resources are provided during the current year for payment of general long-term debt principal and interest due early in the following year, those expenditures and related liabilities have been recognized in the Debt Service Funds. Those revenues susceptible to accrual prior to receipt are property taxes; franchise taxes; special assessments; intergovernmental aid, grants and reimbursements; interest revenue; charges for services; and sales taxes collected and held by the State at year-end on behalf of the County. Fines and forfeits, licenses and permits, rents, contributions, and miscellaneous revenues are not susceptible to accrual because generally they are not measurable until received in cash. 22 Notes to the Financial Statements (Continued) The financial statements of the Proprietary and Investment Trust Funds are presented on the accrual basis of accounting. Revenues are recognized when they are earned, and the expenses are recognized when they are incurred. D. Budgeting and Budgetary Control Arizona Revised Statutes (A.R.S.) require the County to prepare and adopt a balanced budget annually for each separate 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. Formal budget integration is not employed for the Expendable Trust, Internal Service, and Enterprise Funds because effective budgetary control is alternatively achieved through either the terms of the trust agreement in the case of the Expendable Trust Fund, or the capability of cost recovery in the case of Internal Service and Enterprise Funds. Budgeted amounts are reported as originally adopted or as amended by authorization from the Board of Supervisors. All budget adjustments require authorization from the Board of Supervisors. Budgeted appropriations include expenditures and transfers out. Expenditures and transfers out may not legally exceed appropriations at the department level. In certain instances, transfers of appropriations between departments or from the contingency account to a department may be made upon approval of the Board of Supervisors. With the exception of the General Fund, each fund includes only one department. Increases in budgeted revenues and budgeted appropriations resulting from unanticipated grant funds are included in the budget columns in the financial statements. These increases are not subject to Arizona budgetary law. All grant agreements require approval by the Board of Supervisors. Capital projects are typically long-term projects that are planned for and budgeted over several years. The budgets presented are on an annual basis only. The County budgets for Governmental Fund types on a basis consistent with generally accepted accounting principles (GAAP), with the exception of capital lease transactions. Encumbrance accounting, under which purchase orders, contracts and other commitments to expend monies, are recorded to reserve that portion of the applicable fund balance, is employed as an extension of formal budgetary control. Encumbrances outstanding at year-end for goods or services, which were not received before fiscal year-end, are canceled. However, the County may draw warrants against encumbered amounts for goods or services received but unpaid at June 30 for 30 days immediately following the close of the fiscal year. After 30 days, the remaining encumbered balances lapse. 23 Notes to the Financial Statements (Continued) E. Intergovernmental Grants and Aid Reimbursement grants and assistance awards are recorded as intergovernmental receivables and revenues when the related expenditure (or expense) is incurred. Grant monies received in advance and not spent are recorded as liabilities in their respective fund. Reimbursement grants and assistance awards for the acquisition of fixed assets of Proprietary Fund Types are recorded as intergovernmental receivables and contributed capital when the related expense is incurred. Grants and assistance awards made on the basis of entitlement periods are recorded as intergovernmental receivables and revenues when entitlement occurs. F. 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. G. Inventory of Supplies 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 balance sheet for the Enterprise Funds is valued at cost using the first-in, first-out method. The amount shown on the balance sheet for the Internal Service Funds is valued at cost using the moving average method. H. Property, Plant and Equipment Property, plant and equipment expenditures are recorded in the Governmental Fund types, while the assets are recorded in the General Fixed Assets Account Group. Property, plant and equipment for general governmental purposes are capitalized at cost or estimated fair market value at date of donation in the case of gifts. Depreciation on property, plant and equipment in the General Fixed Assets Account Group is not recorded. The County capitalizes equipment that is relatively permanent and of significant value. Relatively permanent is defined as a useful life of one year or longer. Significant value is defined as $5,000 or more. Structures and improvements of $5,000 or more are capitalized. The Maricopa Health Plan, Medical Center, Arizona Long Term Care System and Non-AHCCCS Health Plans (Enterprise Funds) remained at a capitalization policy of $1,000 or more. Certain infrastructure assets, including roads, bridges, curbs and gutters, streets and sidewalks, drainage systems and lighting systems, are not capitalized. Property, plant and equipment acquired by the Proprietary Funds are recorded at cost or estimated fair market value at date of donation in the case of gifts. Depreciation is computed using the straightline method applied over the estimated useful lives of the assets and is charged as an expense against operations. The cost of maintenance and repairs is charged to expense as incurred. Significant renewals and improvements are capitalized and retirements are deducted. 24 Notes to the Financial Statements (Continued) The following shows the estimated useful lives of various kinds of County assets: I. TYPE OF ASSETS ESTIMATED USEFUL LIFE IN YEARS Buildings Improvements other than buildings Autos and trucks Other equipment 20 - 50 20 - 50 3 3 - 20 Property Tax Revenues Property taxes are recognized as revenues in the fiscal year they are levied and collected or if they are collected within 60 days subsequent to fiscal year-end. Property taxes not collected within 60 days subsequent to fiscal year-end or collected in advance of the fiscal year for which they are levied are reported as deferred revenues. The County levies real 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. A lien assessed against real property attaches on the first day of January preceding assessment and levy thereof. The County also assesses personal property taxes upon unsecured property. Unsecured personal property taxes are billed monthly and are payable 30 days after the billing date. J. Compensated Absences Compensated absences consist of personal leave and a calculated amount of family medical leave as defined by the Federal Family and Medical Leave Act (FMLA), earned by employees based on services already rendered. Employees may accumulate up to 240 hours of personal leave depending on years of service, but any personal hours in excess of the maximum amount that are unused by the calendar year-end are converted to family medical leave. Generally, family medical leave benefits provide for qualifying FMLA events and are cumulative but do not vest with employees and therefore, are not accrued. However, upon retirement, County employees with accumulated family medical leave in excess of 1,000 hours are entitled to a $3,000 bonus. The amount of such bonuses is accrued in the liability recorded for compensated absences. The amount of compensated absences expected to be paid by available financial resources is recorded as a current liability at June 30 in the Governmental Funds. The remaining noncurrent amount of compensated absences of the Governmental Funds is recorded in the General Long-Term Debt Account Group. Vested compensated absences of the Proprietary Funds are recorded as expenses and liabilities of those funds as the benefits accrue to employees. See Note 12 - Employee Compensation Payable for more information. 25 Notes to the Financial Statements (Continued) K. Total Columns on Combined Statements The total columns on the combined statements are captioned “Memorandum Only” to indicate the aggregate of the columnar statements by fund type and account group. The data in these columns does not present financial position, results of operations or cash flows in conformity with generally accepted accounting principles and are not comparable to a consolidation. Interfund eliminations have not been made in the aggregation of this data. NOTE 2 – REPORTING CHANGES Starting July 1, 2000, the County reclassified the nonself-insured activity from the Employee Benefits Trust Fund, an Internal Service Fund, to the Special Purpose Agency Fund. In addition, starting July 1, 2000, the Employee Benefits Office became funded as a department of the General Fund; previously it was operated through the Employee Benefits Trust Fund. The result was a decrease in revenues and expenses from the previous fiscal year of approximately $43 million in the Employee Benefits Trust Fund. The July 1, 2000, fund equity of the Employee Benefits Trust Fund was not restated for the reclassification of the activities as Arizona Revised Statutes (A.R.S.) require that the monies must remain on deposit in the trust fund until expended. During the fiscal year 2000-01, Maricopa County established the Parks Spurs Cross Ranch Fund as a Special Revenue Fund and the County Improvement Fund as a Debt Service Fund. In addition, the County renamed the following funds: Special Revenue Funds Old Name Air Pollution Regional Schools Regional School District 509 Regional School District 512 New Name Environmental Services Unorganized Territory Transportation Accommodation Schools Small Schools Service Program Capital Projects Funds Old Name Intergovernmental Funds New Name County Improvement Fund NOTE 3 – BEGINNING FUND EQUITIES RESTATED Starting fiscal year 2000-01, the County increased the property, plant and equipment capitalization threshold to $5,000 for the Solid Waste Fund (Enterprise Fund) and Internal Service Funds, and all fixed assets under that level were no longer capitalized. The write-off of fixed assets was treated as a reduction in beginning retained earnings in the Solid Waste Fund (Enterprise Fund) and the Internal Service Funds. The beginning fund equity balances in the Enterprise Funds and Internal Service Funds were restated as follows: Enterprise Funds Internal Service Funds Fund equity (deficit) at June 30, 2000, as previously reported $ 116,308,644 $ (15,204,515) Change in fixed asset capitalization level to $5,000 Fund equity (deficit) at July 1, 2000, as restated $ (29,145) 116,279,499 $ (444,826) (15,649,341) 26 Notes to the Financial Statements (Continued) NOTE 4 – INDIVIDUAL FUND DEFICITS Animal Control (Special Revenue Fund), Unorganized Territory Transportation (Special Revenue Fund), Non-AHCCCS Health Plans (Enterprise Fund), Equipment Services (Internal Service Fund) and Risk Management (Internal Service Fund) had deficits of $865,926, $97,063, $4,051,026, $47,520 and $18,827,099, respectively, at June 30, 2001. For all of these funds except the Risk Management Fund, the deficits resulted from operations during the year and are expected to be corrected through normal operations in fiscal year 2001-02. 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 1995-96 to fiscal year 1998-99, 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. NOTE 5 – 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 6). Those monies are pooled with County monies for investment purposes. At June 30, 2001, the investment pool had cash on hand of $4,500. The carrying amount of the pool’s total cash in bank was $5,612,256 and the bank balance was $31,687,625. 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 $31,587,625 was covered by collateral held by the pledging financial institution’s trust department or agent in the County’s name. At June 30, 2001, the investments in the County Treasurer’s investment pool consisted of the following: U.S. government securities Total $ Reported Amount 1,903,730,282 $ Fair Value 1,903,730,282 $ 1,903,730,282 $ 1,903,730,282 The investment pool’s investments at June 30, 2001, are categorized below to give an indication of the level of risk assumed by the County at year-end. Category 1 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 2 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 3 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. 27 Notes to the Financial Statements (Continued) CATEGORY I U.S. government securities Total investments CATEGORY II $ 1,903,730,282 $ 1,903,730,282 CATEGORY III $ $ REPORTED AMOUNT $ $ FAIR VALUE $ 1,903,730,282 $ 1,903,730,282 $ 1,903,730,282 $ 1,903,730,282 Other Deposits – At June 30, 2001, the total nonpooled cash on hand was $92,406. The carrying amount of the total nonpooled cash in bank was $28,028,173 and the bank balance was $24,722,411. Of the bank balance, $526,370 was covered by federal depository insurance or by collateral held by the County or its agent in the County’s name, and $24,196,041 was covered by collateral held by the pledging financial institution’s trust department or agent in the County’s name. Other Investments - At June 30, 2001, the County’s nonpooled investments consisted of the following: U.S. government securities Mutual funds Reported Amount 58,858,926 128,020,227 $ Total $ 186,879,153 $ $ Fair Value 58,745,939 128,020,227 186,766,166 The County’s nonpooled investments at June 30, 2001, 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 $ 26,600,181 $ 26,600,181 CATEGORY II $ $ CATEGORY III 2,429,908 2,429,908 $ $ 29,828,837 28,828,837 Investments not subject to categorization: Mutual funds Total investments REPORTED AMOUNT FAIR VALUE $ 58,858,926 $ 58,745,939 128,020,227 $ 186,879,153 128,020,227 $ 186,766,166 The Board of Supervisors authorized $5,277,908 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 Combined Balance Sheet follows: Cash and Investments: Cash on hand Carrying amount of deposits Reported amount of investments County Treasurer’s Investment Pool $ 4,500 5,612,256 1,903,730,282 $ Total $ $ 1,909,347,038 28 Other 92,406 28,028,173 186,879,153 214,999,732 $ Total 96,906 33,640,429 2,090,609,435 $ 2,124,346,770 Notes to the Financial Statements (Continued) Combined Balance Sheet: Cash in bank and on hand Cash and investments held by County Treasurer Cash and investments held by Trustee $ Total $ 48,566,018 1,935,947,218 139,833,534 2,124,346,770 NOTE 6 – 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 $ 1,894,647,793 Interest Rates 3.5 – 7.0% Maturities Up to 3 Years Fair Value $ 1,903,730,282 Reported Amount $ 1,903,730,282 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 $ $ Statement of changes in net assets Total additions Total deductions Net increase Net assets held in trust: July 1, 2000 June 30, 2001 29 $ $ 1,931,254,646 0 1,931,254,646 624,868,778 1,306,385,868 1,931,254,646 15,817,066,278 15,811,623,207 5,443,071 1,925,811,575 1,931,254,646 Notes to the Financial Statements (Continued) NOTE 7 – ACCOUNTS RECEIVABLE Accounts receivable balances shown on the combined balance sheet for the Enterprise Funds are stated net of allowances for uncollectibles. A summary of such receivables and related estimated uncollectibles at June 30, 2001, follows. ENTERPRISE FUNDS Gross accounts receivable Less: estimated uncollectibles Accounts receivable $ 132,905,585 (71,778,243) $ 61,127,342 NOTE 8 - PROPERTY TAXES RECEIVABLE The County Treasurer is responsible for the collection of property taxes for all governmental entities within the County. Uncollected real property taxes receivable at June 30, 2001, as determined from the records of the County Treasurer’s Office, consisted of the following: YEAR 2000-01 1999-00 1998-99 1997-98 1996-97 1995-96 Prior Total SPECIAL REVENUE FUNDS GENERAL FUND $ $ 5,141,231 193,279 78,217 4,997 0 25,276 348,488 5,791,488 $ $ 1,167,335 51,853 20,405 0 227 876 56,539 1,297,235 DEBT SERVICE FUNDS $ $ 580,182 17,929 8,528 0 7 3,359 46,516 656,521 The portion of property taxes receivable not collected within 60 days after June 30, 2001, has been deferred and, consequently, is not included in current year revenues. In addition, allowance for uncollectible taxes is considered immaterial, therefore, these amounts are not calculated and presented. NOTE 9 – DUE FROM OTHER GOVERNMENTAL UNITS Amounts due from other governments at June 30, 2001, of $152,140,245, include $55,700,822, $18,336,148 and $12,858,567 in state-shared revenues for sales taxes, vehicle license taxes and highway user taxes, respectively; $16,570,935 in jail tax collected by the State but not received by the County; $1,032,410 in rental car surcharge collected by the State but not received by the County; $28,822,210 in various Federal and State grants; $3,580,060 due from other governments for prisoner detention and police services; and $11,528,266 due from cities and towns for Flood Control and Transportation intergovernmental agreements. The balance of $3,710,827 is comprised of miscellaneous receivables from Federal, State and local governments. 30 Notes to the Financial Statements (Continued) NOTE 10 – CHANGES IN GENERAL FIXED ASSETS The balance in the General Fixed Assets Account Group on July 1, 2000, was restated by $57,888,548 to record the effect of the change in the capitalization threshold for fixed assets from $1,000 to $5,000. A summary of the changes in general fixed assets follows. BALANCE JULY 1, 2000 (as restated) GENERAL FIXED ASSETS Land Buildings Improvements other than buildings Machinery and equipment Construction in progress Total general fixed assets $ $ ADDITIONS 33,020,453 657,630,726 54,983,661 187,725,387 32,593,117 965,953,344 $ BALANCE JUNE 30, 2001 DEDUCTIONS 14,010,799 2,354,890 44,512,467 84,608,221 $ 145,486,377 $ $ 1,621,169 1,669,643 30,262,367 $ 33,553,179 47,031,252 658,364,447 53,314,018 201,975,487 117,201,338 $ 1,077,886,542 The schedule of investment in general fixed assets by source at June 30, 2001, is as follows: General Fund Capital Projects Funds Special Revenue Funds: Accommodation Schools Animal Control Bank One Ballpark Operations Environmental Services Flood Control Housing Department Jail Operations Library Other Grants Other Special Revenue Parks and Recreation Public Health Recorder’s Surcharge Sports Authority Transportation Total investment in general fixed assets $ $ 420,744,720 117,201,338 8,757,857 4,680,721 364,124,821 2,840,423 22,030,244 41,639,998 1,726,045 8,109,154 9,866,097 6,565,834 2,445,300 4,097,694 3,067,701 23,597 59,964,998 1,077,886,542 NOTE 11 – PROPRIETARY FUNDS PROPERTY, PLANT AND EQUIPMENT The Proprietary Fund type schedule of property, plant and equipment by asset class at June 30, 2001, is as follows: ASSET CLASS Land Buildings Improvements other than buildings Machinery and equipment Construction in progress Total property, plant and equipment Accumulated depreciation Net property, plant and equipment INTERNAL SERVICE FUNDS ENTERPRISE FUNDS $ 1,489,679 71,133,600 3,288,729 84,172,394 33,304,314 193,388,716 (89,416,466) $ 103,972,250 31 $ 0 376,750 0 9,333,684 0 9,710,434 (5,181,592) $ 4,528,842 TOTAL PROPRIETARY FUNDS $ $ 1,489,679 71,510,350 3,288,729 93,506,078 33,304,314 203,099,150 (94,598,058) 108,501,092 Notes to the Financial Statements (Continued) NOTE 12 – EMPLOYEE COMPENSATION PAYABLE Compensated absences consist of personal leave and a calculated amount of family medical leave, as defined by the Federal Family and Medical Leave Act (FMLA), earned by employees based on services already rendered. Employees may accumulate up to 240 hours of personal leave hours, but any personal leave hours in excess of the maximum amount that are unused by the calendar year-end are converted to family medical leave. Generally, family medical leave benefits provide for qualifying FMLA events and are cumulative, but do not vest with employees and therefore, are not accrued. Personal leave and other compensated absences with similar characteristics are accrued as a liability when the benefits are earned by the employees, if the leave is attributable to past service and it is probable that the employer will compensate the employees for the benefits through paid time or some other means, such as cash payments at termination or retirement. Additionally, the liability to be recognized should be based upon these requirements: a) Upon retirement, County employees with accumulated family medical leave in excess of 1,000 hours are entitled to a $3,000 bonus. b) Fringe benefits related to compensated absences are susceptible to accrual. Liabilities for personal leave and the $3,000 bonus earned by employees at June 30, 2001, were recorded in the following funds and account group: General Special Revenue Enterprise/Internal Service General Long-Term Debt Total $ 3,749,000 3,300,000 3,818,268 26,330,098 37,197,366 $ The remaining balance of $11,042,629 is comprised of accrued payroll and employee benefits at June 30, 2001. NOTE 13 – LONG-TERM OBLIGATIONS A summary of changes in the general long-term obligations follows: BALANCE JULY 1, 2000 Employee compensation (Note 12) $ General obligation bonds payable 27,084,256 ISSUES/ ADDITIONS $ RETIREMENTS/ DEDUCTIONS $ 79,595,000 754,158 BALANCE JUNE 30, 2001 $ 21,390,000 Lease revenue bonds payable 26,330,098 58,205,000 104,355,000 104,355,000 Stadium District revenue bonds payable 27,704,259 1,362,216 26,342,043 Stadium District debt with governmental commitment 28,225,000 1,245,000 26,980,000 659,388 93,828 565,560 Special assessment debt with governmental Housing Department bonds payable Housing Department loans payable 95,975 14,113 81,862 1,976,984 115,484 1,861,500 Capital leases payable (Note 14) 18,121,511 Certificates of participation payable 17,222,210 Claims and judgements payable (Note 17B and C) 70,719,037 $ 271,403,620 Issues of long-term debt were as follows at June 30, 2001: 32 165,830 4,061,985 14,225,356 3,647,092 13,575,118 60,587,645 $ 165,108,475 131,306,682 $ 32,683,876 $ 403,828,219 Notes to the Financial Statements (Continued) General Obligation Bonds General obligation (G.O.) bonds are direct obligations of the County. Prior to issuance, G.O. bonds must 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 AMOUNT OF ISSUE 1986 Bond Issue Series D (1993) 1992 Refunding Bond Issue First Series 1992 Second Series 1992 1994 Refunding Bond Issue 1994A Tax Exempt 1995 Refunding Bond Issue $ $ OUTSTANDING AT JUNE 30, 2001 INTEREST RATES MATURITY DATES 25,575,000 4.5 – 4.875% 7-1-01/04 68,500,000 67,500,000 5.0 – 5.4% 6.25% 7-1-01/03 7-1-01/03 1,625,000 49,450,000 9,220,000 17,320,000 5.1 – 5.2% 4.6 – 4.7% 7-1-01/02 7-1-01/02 1,835,000 3,685,000 $ 188,115,000 $ 23,000,000 79,595,000 Special Assessment Debt With Governmental Commitment Special Assessments Bonds are recorded in the General Long-Term Debt Account Group and 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. The following special assessment districts had bonds outstanding at June 30, 2001: DESCRIPTION Fairview Lane 158th Street Boulder Grand View Manor East Fairview Lane Queen Creek Water White Fence Farms 104th Place/University Central Avenue Billings Street AMOUNT OF ISSUE $ 59,379 73,587 48,813 274,888 60,657 301,960 185,810 83,236 301,905 14,004 $ 1,404,239 INTEREST RATES 9.000% 9.000% 9.000% 9.000% 9.000% 4.870% 9.000% 9.000% 9.000% 9.000% MATURITY DATES 1-1-02/06 1-1-02 1-1-02 1-1-02/05 1-1-02/07 7-1-01/17 1-1-02/07 1-1-02/07 1-1-02/09 1-1-02/08 $ $ OUTSTANDING AT JUNE 30, 2001 9,756 600 3,264 41,599 21,164 257,135 55,053 27,212 167,928 5,720 589,431 Public Housing 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 $ 369,787 INTEREST RATE MATURITY DATES 3.875% 11-1-01/05 Housing Department Loans Payable 33 OUTSTANDING AT JUNE 30, 2001 $ 81,862 Notes to the Financial Statements (Continued) Housing Department loans payable at June 30, 2001, consisted of the outstanding notes below. The Department sold notes to the Federal Financing Bank. These notes will be repaid through Federal government subsidies. AMOUNT OF NOTE DESCRIPTION AZ 9-9 $ $ INTEREST RATE MATURITY DATES OUTSTANDING AT JUNE 30, 2001 6.60% 11-1-01/12 $ $ 3,112,494 3,112,494 1,861,500 1,861,500 Following is the schedule of principal and interest requirements on the Housing Department loans payable: YEAR 2001-02 2002-03 2003-04 2004-05 2005-06 After 2006 PRINCIPAL $ $ INTEREST 106,578 113,612 121,110 128,829 137,606 1,253,765 1,861,500 $ $ 122,859 115,825 106,327 100,608 91,831 352,290 889,740 TOTAL $ $ 229,437 229,437 227,437 229,437 229,437 1,606,055 2,751,240 Stadium District Revenue Bonds and Debt with Governmental Commitment 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. On May 15, 1993, the Stadium District issued $10,640,000 of Revenue Bonds Series 1993A to renovate Phoenix Municipal Stadium and construct a practice facility, and to pay off $2,731,000 of outstanding debt financed by the City of Tempe for the renovation of Tempe Diablo Stadium. On July 1, 1993, the Stadium District issued $4,870,000 of Revenue Bonds Series 1993B to purchase Compadre Stadium. On June 1, 1996, the Stadium District issued $9,110,000 of Revenue Bonds Series 1996 to assist in the construction of the City of Mesa HoHoKam Stadium for use by the Chicago Cubs and to assist in the construction of the City of Phoenix Maryvale Baseball Park for use by the Milwaukee Brewers. 34 Notes to the Financial Statements (Continued) Subordinate Debt - On June 1, 1993, the City of Peoria issued $24,160,000 of 1993 Series A Bonds on behalf of the Stadium District to construct the Peoria Sports Complex for use by the San Diego Padres and the Seattle Mariners. The Stadium District entered into an Intergovernmental Agreement (“IGA”) with the City of Peoria and the City of Peoria Municipal Sports Complex Authority, pursuant to which the Stadium District has agreed to pay the principal and interest payments due on the bonds from Stadium District Revenues. Stadium District Revenues in the “Peoria Subordinate Obligation Subaccount” remain subject to the pledge and priority lien of the Stadium District Bonds. Second Subordinate Debt - On April 1, 1996, the City of Mesa Municipal Development Corporation issued $10,000,000 of Revenue Bonds Series 1996B on behalf of the Stadium District. Pursuant to the terms of an IGA with the City of Mesa, the Stadium District will, as certain specified revenues become available in the future, repay the City of Mesa an amount equal to the debt service associated with the Series 1996B Bonds, plus certain expenses relating thereto. The calculation of available revenues under the IGA for fiscal year 2001 is $615,168 and is due and payable October 15, 2001. The bonds are secured solely by the City of Mesa’s obligation to make payments under the lease and its pledge of excise taxes to secure such obligation. The bonds are remarketed by their remarketing agent at an annual interest rate necessary to market such bonds at prices equal to 100% of the principal amounts thereof, which is not to exceed 15%. On March 10, 1997, the Stadium District issued $10,000,000 in Second Subordinate Capital Appreciation Net Revenue Bonds to assist in the construction of the City of Phoenix Maryvale Baseball Park for use by the Milwaukee Brewers. The bonds mature October 15, 2035. Pursuant to terms of the agreement, the Stadium District will, as certain specified revenues become available in the future, prepay the bonds. The calculation of certain specified revenues under the debt agreement for fiscal year 2001 is $615,168 and is due and payable October 15, 2001. At June 30, 2001, the value of the bonds including interest is $8,469,200, which represents the total obligation if paid on that date. The Stadium District had the following revenue bonds outstanding at June 30, 2001: DESCRIPTION AMOUNT OF ISSUE OUTSTANDING AT JUNE 30, 2001 INTEREST RATES MATURITY DATES 10,640,000 5.00 - 5.50% 7-1-01/13 4,870,000 4.60 - 4.75% 7-1-01/03 2,020,000 Revenue Bonds Series 1993A $ Series 1993B $ 10,335,000 Series 1996 IGA Peoria Sports Complex Series 1993A Second subordinate obligations: IGA Mesa Municipal Dev. Corp. 9,110,000 5.00 - 5.75% 7-1-01/16 8,680,000 24,160,000 6.55 - 7.70% 7-1-01/13 19,330,000 10,000,000 Variable, 15% maximum 10-15-01/16 8,605,000 Capital Appreciation Bonds 10,000,000 6.26 - 8.77% 10-15-01/35 6,137,043 $ 68,780,000 $ 55,107,043 Certificates of Participation Certificates of Participation represent proportionate interests in semiannual lease payments. The County’s obligation to make lease payments are subject to annual appropriations being made by the County for that purpose. On November 1, 2000, Maricopa County Public Finance Corporation issued $6,975,000 of Certificates of Participation to pay for the acquisition and improvements of the Desert Vista Hospital and medical office facilities. 35 Notes to the Financial Statements (Continued) 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 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, 2001: DESCRIPTION 2000 Certificates of Participation 2000 Certificates of Participation 1996 Certificates of Participation 1994 Certificates of Participation 1993 Certificates of Participation INTEREST RATES AMOUNT OF ISSUE $ $ 6,975,000 5,300,000 2,500,000 30,000,000 3,850,000 48,625,000 MATURITY DATES 4.60 – 5.50% 5.70 - 6.00% 5.80 - 6.25% 6.00% 4.90 - 5.25% 7-1-02/15 7-1-02/10 6-1-02/11 5-25-02/04 6-01-02/08 OUTSTANDING AT JUNE 30, 2001 $ $ 6,540,000 5,006,000 1,868,971 10,995,000 990,000 25,399,971 The following is a schedule of future minimum principal and interest payments, for the above-described Certificates of Participation: YEAR 2001-02 2002-03 2003-04 2004-05 2005-06 After 2006 Total principal and interest payments Amount representing interest Total Certificates of Participation payable at June 30, 2001 ENTERPRISE FUNDS $ 1,463,133 1,462,988 1,468,532 1,426,888 1,424,465 9,035,880 16,281,886 (4,457,033) $ 11,824,853 GENERAL LONGTERM DEBT ACCOUNT GROUP $ 4,579,683 4,580,727 4,482,259 326,120 326,695 1,423,750 15,719,234 (2,144,116) $ 13,575,118 The following fixed assets are currently associated with the Certificates of Participation: GENERAL FIXED ASSETS ACCOUNT GROUP ENTERPRISE FUNDS Land Juvenile Court Justice Court/Probation Center Buildings Avondale Family Health Center Desert Vista Buildings Pappas School Building $ 1,084,430 $ 30,000,000 2,765,570 5,300,000 6,975,000 $ 13,359,430 36 $ 2,500,000 35,265,570 Notes to the Financial Statements (Continued) 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. The following Lease Revenue Bonds were outstanding at June 30, 2001: DESCRIPTION 2001 Lease Revenue Bonds INTEREST RATES AMOUNT OF ISSUE $ 124,855,000 $ 124,855,000 MATURITY DATES 3.45 – 5.50% 7-1-02/15 OUTSTANDING AT JUNE 30, 2001 $ 124,855,000 $ 124,855,000 The following is a schedule of future minimum principal and interest payments, for the above-described Lease Revenue Bonds: YEAR 2001-02 2002-03 2003-04 2004-05 2005-06 After 2006 Total principal and interest payments Amount representing interest Total Lease Revenue Bonds payable at June 30, 2001 ENTERPRISE FUNDS $ 3,636,937 3,593,655 1,752,381 1,754,779 1,758,194 15,915,609 28,411,555 (7,911,555) $ 20,500,000 GENERAL LONGTERM DEBT ACCOUNT GROUP $ 18,513,782 18,293,455 8,920,479 8,932,681 8,950,066 81,018,223 144,628,686 (40,273,686) $ 104,355,000 The following fixed assets are currently associated with the Lease Revenue Bonds: GENERAL FIXED ASSETS ACCOUNT GROUP Construction in progress $ 39,616,608 $ 39,616,608 Refunded and Refinanced Obligations Future debt service on refunded bonds has been provided through advanced refunding bond issues whereby refunding bonds are issued and the net proceeds, plus any additional resources that may be required, are used to purchase securities issued or guaranteed by the United States government. These securities are then deposited in an irrevocable trust under an escrow agreement which states that all proceeds from the trust will be used to fund the principal and interest payments of the previously issued debt being refunded. The trust deposits have been computed so that the securities in the trust, along with future cash flows generated by the securities, will be sufficient to service the previously issued bonds. 37 Notes to the Financial Statements (Continued) The proceeds of the refunding issues have been placed in irrevocable trusts and invested in U.S. Treasury obligations that, together with the interest earned thereon, will provide amounts sufficient for future payment of principal and interest of the issues refunded. The outstanding balance of the refunded debt and the related assets held in trust at June 30, 2001, is not included in the accompanying financial statements. General Obligation Bonds Remaining Amount Outstanding Date Refunded Project of 1986, Series C Project of 1986, Series C Total Refunded Bonds Outstanding 2/1/92 8/1/92 $ $ 9,000,000 49,000,000 58,000,000 Legal Debt Margin County indebtedness 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, 2001, the County’s net bonded debt was $58,205,000, (0.28% of taxable property), while the 6 percent limit was $1,252,662,933 and the 15 percent limit was $3,131,657,332. Debt Service Requirements The County’s debt service principal and interest requirements to maturity on all General Obligation, Special Assessment, Housing Department and Stadium District bond issues are as follows: Fiscal Year 2001-02 2002-03 2003-04 2004-05 2005-06 After 2006 General Obligation $ $ Less Interest $ 22,160,035 21,515,750 20,975,000 0 0 0 64,650,785 (6,445,785) 58,205,000 Special Assessment Housing Department $ $ 19,781 16,356 18,578 17,921 17,264 0 $ 89,900 (8,038) $ 81,862 89,648 62,453 81,487 101,660 105,727 348,339 $ 789,314 (223,754) $ 565,560 Stadium District Total Debt Service 4,345,683 4,346,105 4,347,300 4,351,295 4,360,037 37,436,385 $ 59,186,805 (20,606,805) $ 38,580,000 $ 26,615,147 25,940,664 25,422,365 4,470,876 4,483,028 37,784,724 $ 124,716,804 (27,284,382) $ 97,432,422 $ The principal and interest on the Second Subordinate Capital Appreciation Net Revenue Bonds ($6,137,043) and the IGA City of Mesa Municipal Development Corporation Revenue Bonds Series 1996B ($8,605,000) have been excluded from the above schedule as the timing of the repayments cannot be determined due to these bonds having variable interest rates and other factors affecting future payments. 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, 2001, there were three revenue bond issues outstanding, with an aggregate principal amount payable of $128,520,000. 38 Notes to the Financial Statements (Continued) NOTE 14 – OBLIGATIONS UNDER LEASES A. Operating Leases – The County’s operating leases are for office equipment, land and buildings. Rental expenses under the terms of these operating leases were $19,334,693 for the year ended June 30, 2001. These operating leases have remaining lease terms from one to twelve 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, 2001, are as follows: YEAR 2001-02 SPECIAL REVENUE FUNDS GENERAL FUND $ 8,775,278 $ 2,680,121 ENTERPRISE FUNDS $ 1,777,332 TOTAL $ 13,232,731 2002-03 7,758,818 2,109,901 1,187,362 11,056,081 2003-04 6,202,080 2,010,217 168,744 8,381,041 2004-05 4,302,597 1,482,051 150,101 5,934,749 2005-06 3,294,185 523,364 0 3,817,549 Thereafter 5,573,011 1,850,198 0 7,423,209 35,905,969 $ 10,655,852 Total minimum payments required $ $ 3,283,539 $ 49,845,360 B. Capital Leases - The County has entered into various lease-purchase agreements, which are noncancellable, for the acquisitions of the following equipment: ENTERPRISE FUNDS Computer Systems and Equipment Data Communications Equipment Medical Equipment and Furniture Modular Buildings and Improvements Optical Scan Counter Radio System Sheriff’s Helicopters Telephone Systems Total Fixed Assets Accumulated Depreciation Net Value of Leased Fixed Assets $ GENERAL FIXED ASSETS ACCOUNT GROUP $ 4,294,090 235,464 278,166 3,905,953 4,212,000 9,490,995 4,064,699 294,092 26,775,459 $ 26,775,459 2,300,000 $ 2,300,000 (1,971,429) 328,571 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. 39 Notes to the Financial Statements (Continued) The following is a schedule of future minimum lease payments for the above-described capital leases: YEAR 2001-02 2002-03 2003-04 2004-05 2005-06 Thereafter Total minimum lease t Amount representing interest Present value of net minimum lease payments GENERAL LONGTERM DEBT ACCOUNT GROUP ENTERPRISE FUNDS $ 232,792 0 0 0 0 0 232,792 (3,633) $ 3,537,265 3,052,467 2,585,217 2,523,711 2,277,800 2,650,345 16,626,805 (2,401,449) $ 229,159 $ 14,225,356 C. 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 (Enterprise Fund), at a total purchase price of $3,278,464. ENTERPRISE FUNDS Medical Equipment Total Fixed Assets Accumulated Depreciation Net Value of Installment Purchase Fixed Assets $ $ 3,278,464 3,278,464 (468,352) 2,810,112 The future minimum payments required under the contracts at June 30, 2001, including interest varying from 4.50 to 5.82 percent, are as follows: YEAR 2001 – 02 2002 – 03 2003 – 04 2004 – 05 2005 – 06 Thereafter Total minimum payments Amount representing interest Present value of net minimum payments ENTERPRISE FUNDS $ 555,306 555,306 555,306 555,306 555,306 750,770 3,527,300 (504,189) $ 3,023,111 NOTE 15 – MUNICIPAL LANDFILL CLOSURE AND POSTCLOSURE CARE COSTS State and Federal laws and regulations require Maricopa County to place a final cover on the eight County landfills (this includes three transfer stations) when they stop accepting waste and to perform specific maintenance and monitoring functions at the site for thirty years after closure. The County reports a portion of closure and postclosure care costs as an operating expense, based on capacity used during the fiscal year. In addition, a liability will be reported based on the total capacity used to date. At June 30, 2001, the operating expense and liability are as follows: 40 Notes to the Financial Statements (Continued) CLOSURE COSTS Total closure and postclosure costs Approximate total capacity (cubic yards) Total cost per cubic yard CAVE CREEK QUEEN CREEK $ 3,087,701 $ 5,596,470 5,320,000 3,346,000 $ 7.17 5,320,000 0 5,320,000 3,268,000 78,000 3,346,000 100.00% 100.00% $ 3,087,701 0 $ 5,036,835 559,635 $ 3,087,701 $ 5,596,470 0 0 WASTE FLOW (Cubic Yards) Prior to fiscal year 2000-01 Fiscal year 2000-01 Total waste received Capacity used ACCRUAL OF COSTS Prior to fiscal year 2000-01 Fiscal year 2000-01 Total costs accrued at June 30, 2001 HASSAYAMPA PHASE 1 NEW RIVER GILA 1,429,434 $ 1,131,300 $ 777,323 2,683,200 530,936 258,720 12,138,856 2,683,200 0 2,683,200 530,936 0 530,936 258,720 0 258,720 12,060,856 78,000 12,138,856 100.00% 100.00% 100.00% 100.00% $ 1,429,434 0 $ 1,131,300 0 $ 777,323 0 $ 504,050 0 $ 11,966,643 559,635 $ 1,429,434 $ 1,131,300 $ 777,323 $ 504,050 $ 12,526,278 0 0 0 $ TRANSFER STATIONS $ 504,050 TOTAL $ 12,526,278 REMAINING CAPACITY AND COSTS Remaining life in years Remaining capacity (cubic yards) Remaining costs to accrue 0 0 $ 0 0 $ $ 0 0 $ 0 0 0 0 $ 0 0 $ 0 0 $ 0 0 Accrued liabilities of $12,526,278 have been reduced by $4,312,157 for actual closure and postclosure care costs incurred. The accrued liability balance at June 30, 2001, for the Solid Waste Enterprise Fund includes $8,214,121 for the remaining costs. At June 30, 2001, all closure and postclosure liabilities have been accrued. These amounts are based on what it would cost to perform all closure and postclosure care in fiscal year 2000-01. The actual cost to close the sites may differ from the estimates due to changes in technology, inflation or changes in regulations. The estimated costs to be incurred in future fiscal years are as follows: YEAR CLOSURE 2001-02 2002-03 2003-04 2004-05 2005-30 $ Total $ POSTCLOSURE 4,106,542 0 0 0 0 4,106,542 $ $ 119,996 169,175 169,175 169,175 3,480,058 4,107,579 TOTAL $ $ 4,226,538 169,175 169,175 169,175 3,480,058 8,214,121 Effective September 1, 1997, State and Federal laws and regulations require that the County demonstrate financial assurance to ensure that the funds necessary to meet the costs of closure, postclosure care and corrective action will be available when needed. The County is in compliance with these requirements. NOTE 16 – RISK MANAGEMENT The Risk Management Fund and the Employee Benefits Trust Fund (Internal Service Funds) account for the financing of the uninsured risk of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; natural disasters; short-term disability to eligible employees and dental benefits to eligible employees and their dependents. Also, prior to January 1, 1998, the County was liable for a portion of medical benefits to eligible employees and their dependents. Subsequent to January 1, 1998, all employee medical benefits are provided through commercial insurance coverage. The County is still liable for claims filed under the previous medical coverage. 41 Notes to the Financial Statements (Continued) The County carries commercial insurance for general and automobile liability in excess of $1,000,000 per occurrence and medical malpractice liability in excess of $1,000,000 per occurrence. Settled claims have not exceeded this commercial coverage since the inception of these insurance policies. Payment of workers’ compensation benefits is self-funded up to $250,000 per occurrence. Liabilities for unpaid claims are estimates determined by an independent actuary using the following actuarial methods: incurred loss development, paid loss development, frequency/severity, exposure/loss rate (incurred losses) and the exposure/loss rate (paid losses). Accrued actuarial liabilities are based on a discounted 55 percent confidence level assuming a 5.95 percent annual rate of return on future investment income. Accrued actuarial liabilities at June 30, 2001, for each insurable area follows. General liability Automobile liability Malpractice Workers’ compensation Property reserve Auto physical damage reserve Subtotal Employee health and disability claims Total $ $ 17,618,803 496,544 14,035,379 8,190,581 161,816 65,921 40,569,044 139,887 40,708,931 Changes in the unpaid claims liability reported in the Risk Management Fund follows. BALANCE JULY 1 YEAR 1998-99 1999-00 2000-01 $ 30,372,897 40,772,018 43,030,624 CURRENT-YEAR CLAIMS AND CHANGES IN ESTIMATE $ 19,724,588 10,779,261 6,181,957 CLAIM PAYMENTS BALANCE JUNE 30 $ (9,325,467) (8,520,655) (8,643,537) $ 40,772,018 43,030,624 40,569,044 NOTE 17 – CONTINGENT LIABILITIES A. General Litigation - At June 30, 2001, there were lawsuits and claims pending against the County including interest and costs of litigation ranging from a probable/possible loss of $36,893,751 to a remote loss of $56,893,751 depending upon the outcome of the litigation. A total of $40,341,307 has been accrued in the liability for reported and incurred but not reported claims for general liability, automobile liability, malpractice and workers’ compensation claims in the Risk Management Fund based on the actuary calculation. See Note 16 - Risk Management for more information. B. Indigent Health Care Litigation - At June 30, 2001, there were lawsuits and claims pending against the County in the amount of $182,394,275 for Indigent Health Care. The County has accrued a liability of $300,000 in the County General Fund (in accrued liabilities) at June 30, 2001, and $54,418,282 in the General Long-Term Debt Account Group (in Claims and Judgements Payable) in accordance with GASB 10 - Accounting and Financial Reporting for Risk Financing and Related Insurance Issues. The County believes that the amounts accrued are reasonable based on previous claims history. 42 Notes to the Financial Statements (Continued) C. Environmental Claims - The County has estimated and recorded a probable liability of $76,888,400 in the General Long-Term Debt Account Group in Claims and Judgements Payable for claims resulting from environmental hazards such as illegal dumping by previous landowners and tenants. There is a potential incremental liability of $105,111,600, which is contingent upon the extent to which additional environmental contamination is found. The County is researching historical records and performing investigations to identify the previous landowners and parties who are responsible for the environmental hazards. NOTE 18 – CONTRIBUTED CAPITAL Changes in proprietary fund type contributed capital for the year are summarized as follows: CONTRIBUTED CAPITAL AT JULY 1, 2000 ADDITIONS CONTRIBUTED CAPITAL AT JUNE 30, 2001 DEDUCTIONS ENTERPRISE FUNDS Maricopa Health Plan Medical Center ALTCS Non-AHCCCS Health Plans Solid Waste Total $ 590,079 82,073,127 4,814 9,401 10,791,231 $ $ 93,468,652 $ CONTRIBUTED CAPITAL AT JULY 1, 2000 $ 0 $ ADDITIONS 0 $ 590,079 82,073,127 4,814 9,401 10,791,231 $ 93,468,652 CONTRIBUTED CAPITAL AT JUNE 30, 2001 DEDUCTIONS INTERNAL SERVICE FUNDS Equipment Services Telecommunications Reprographics Risk Management Employee Benefits Trust $ 14,744,048 1,079,758 291,348 2,886,478 30,445 $ 19,632,407 Sheriff Warehouse Total $ $ $ 14,744,048 1,079,758 291,348 2,886,478 30,445 $ 19,632,407 600,330 600,330 $ 0 $ 0 NOTE 19 – MEDICAL CENTER OPERATING REVENUE Medical Center operating revenue is reported net of the following deductions: Gross patient service revenue Allowance for uncollectible accounts Indigent patient write-off Contractual and administrative adjustments Cost containment contractual adjustments Total net patient revenue $ 426,966,478 (66,361,163) (18,053,051) (65,926,365) (95,526,824) 181,099,075 Charges for services Total charges for services 16,384,800 16,384,800 Disproportionate share settlement Disproportionate share distributions Miscellaneous Total other revenue 45,895,500 (32,755,200) 1,450,863 14,591,163 Total operating revenue $ 43 212,075,038 Notes to the Financial Statements (Continued) NOTE 20 – RESIDUAL EQUITY TRANSFERS At year-end, the ALTCS Fund (Enterprise Fund) transferred fund balance in excess of reserve requirements to the General Fund in the amount of $15,031,706. This balance was reported at June 30, 2001, as a due to in the ALTCS Fund and a related due from in the General Fund. In addition, during fiscal year 2000-01 there were transfers of equipment to the General Fixed Assets Account Group in the amount of $825,072 from the Telecommunications Fund (Internal Service Fund). NOTE 21 – INTERFUND RECEIVABLES, PAYABLES, AND TRANSFERS The interfund receivables, payables, and operating transfers by fund are as follows: FUNDS GENERAL DUE FROM OTHER FUNDS DUE TO OTHER FUNDS $ 100,927,865 $ OPERATING TRANSFERS IN $ 262,231 OPERATING TRANSFERS OUT $ 193,719,559 SPECIAL REVENUE Transportation Flood Control Adult Probation Grants Human Services Grants Public Health Juvenile Court Grants CDBG Housing Trust Library Stadium District Bank One Ballpark Operations Animal Control Adult Probation Services Conciliation Court Special Court Automation Document Retrieval Domestic Relations Expedited Child Support Jail Operations Justice Court Enhancement Justice Court Judicial Enhancement Juvenile Probation Law Library Parks and Recreation Grants Parks Enhancement Parks Souvenir Parks Lake Pleasant Planning and Development Probate Programs Public Defender Grants Public Defender Training Public Health Pharmacy Recorders Surcharge Research and Reporting Sheriff Grants Superior Court Judicial Superior Court Special 417,434 1,985 18,949 2,868,945 167,322 27,558 16,470 409 735,296 142,556 3,226 5,680,984 449,991 7,047 3,145,417 91,903,893 103,034,316 3,268 3,268 406,513 126,242 57,957 87,448 14,345 32,994 914 31,929 36,861 107,786 62,237 34,692 14,426 14,426 147,306 50,206 28,281 44,848 26,581 20,885 75,961 185,708 1,273 134,480 2,268 67,583 67,389 DEBT SERVICE General Obligation County Improvement Fund Stadium District 1,124 1,214,457 119,039,079 5,680,984 CAPITAL PROJECTS Bank One Ballpark Project Reserve Jail Construction Fund County Improvement Fund 449,991 103,034,316 381,171 38,359,754 ENTERPRISE Medical Center 76,228,477 44 21,537,719 1,141,681 Notes to the Financial Statements (Continued) FUNDS DUE FROM OTHER FUNDS DUE TO OTHER FUNDS ALTCS Non-AHCCCS Health Plans Solid Waste OPERATING TRANSFERS IN OPERATING TRANSFERS OUT 15,031,706 656,500 29,152 300,431 INTERNAL SERVICE Equipment Services Sheriff Warehouse 513,511 803,273 AGENCY Property Tax Collection Special Purpose Expendable Trust Fund 229,520 2,752,381 142,556 TRUST Treasurer’s Investment Pool Total 211,485 $ 102,436,653 $ 102,436,653 $ 344,142,745 $ 344,142,745 NOTE 22 – BUDGETARY BASIS OF ACCOUNTING The adopted budget of the County is prepared on a basis consistent with generally accepted accounting principles with certain exceptions. The activity in Sports Authority, Street Lighting, Unorganized Territory Transportation, Taxpayers’ Information, Accommodation Schools, and Small Schools Service Program (Special Revenue Funds); Special Assessment Fund (Debt Service Fund) and Bond Funds (Capital Projects Fund) were not specifically budgeted, but were presented as separate funds for financial statement presentation. The capital lease expenditures and the proceeds from the capital leases within the General Fund were not specifically budgeted. In addition, General Fund indirect cost recoveries and disproportionate share settlement payments were budgeted as both operating transfers in and expenditures and therefore, these amounts were also reported on the combined budget statement. However, these activities were eliminated on the Combined Statement of Revenues, Expenditures and Changes in Fund Balances. The following reconciliation is necessary to present the excess of revenues and other sources over expenditures and other uses from the Combined Statement of Revenues, Expenditures and Changes in Fund Balances on a budgetary basis to provide a more meaningful comparison. Excess (deficiency) of revenues and other sources over expenditures and other uses, from the Combined Statement of Revenues, Expenditures and Changes in Fund Balances Capital lease expenditures Proceeds from capital leases Indirect cost adjustment – operating transfers in Indirect cost adjustment – expenditures Disproportionate Share Payment – operating transfers in Disproportionate Share Payment – expenditures Unorganized Territory Transportation Fund revenues Unorganized Territory Transportation Fund expenditures Street Lighting Fund revenues Street Lighting Fund expenditures Sports Authority Fund revenues Sports Authority Fund expenditures Taxpayers’ Information Fund revenues Taxpayers’ Information Fund expenditures Accommodation Schools Fund revenues Accommodation Schools Fund expenditures Small Schools Service Program Fund revenues GENERAL SPECIAL REVENUE DEBT SERVICE $ (14,804,647) $ (24,086,717) $ 123,368,319 2,391,252 (165,830) 8,064,137 (8,064,137) 32,755,200 (32,755,200) (557,993) 648,656 (3,726,741) 3,418,502 (360,667) 425,119 (147,557) 40,528 (13,371,587) 13,718,193 (548,167) 45 CAPITAL PROJECTS $ 85,866,315 Notes to the Financial Statements (Continued) SPECIAL REVENUE GENERAL DEBT SERVICE CAPITAL PROJECTS 625,455 Small Schools Service Program Fund expenditures Special Assessment Fund revenues Special Assessment Fund expenditures Bond Funds revenues (125,432) 140,875 (37,873) Excess (deficiency) of revenues and other sources over expenditures and other uses, from the Combined Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual $ (12,579,225) $ (23,922,976) $ 123,383,762 $ 85,828,442 NOTE 23 – 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, 2001, through disproportionate share settlements established by Laws 1999, First Special Session, Chapter 1 (Laws 1999). AHCCCS was directed to distribute such settlements based on various qualifying criteria and allocation processes. Laws 1999 appropriated the disproportionate share settlement amounts to be distributed to the hospitals for the year ended June 30, 2001. The Medical Center’s share of the settlement for the year ended June 30, 2001, totaled $45,895,500. However, Laws 1999, First Regular Session, Chapter 176 also mandated the reimbursement of a portion of the disproportionate share settlement through the State Treasurer to the State General Fund. Required reimbursements totaled $32,755,200 for the year ended June 30, 2001. NOTE 24 – SEGMENT INFORMATION ON ENTERPRISE FUNDS The County operates the following Enterprise Funds: Maricopa Health Plan, Medical Center, Arizona Long-Term Care System (ALTCS), Maricopa County Health Plans (Non-AHCCCS), and Solid Waste. Segment information for the year ended June 30, 2001 is as follows: MARICOPA HEALTH PLAN Operating revenues Depreciation, depletion, and amortization expense Operating income (loss) Grant revenues Operating transfers: Transfers in Transfers out Net income (loss) Fund equity: Change in contributed capital Residual equity transfer out Property, plant and equipment: Additions Deletions Net working capital Certificates of participation and lease revenue bonds payable Total assets Total equity (deficit) $ 78,255,834 43,734 2,464,560 4,461,209 MEDICAL CENTER ALTCS NONAHCCCS HEALTH PLANS $ 212,075,038 $ 267,889,549 $ 38,783,451 6,964,494 (20,672,098) 7,454,321 21,537,719 (1,141,681) 464,680 113,880 7,416,988 15,642,388 SOLID WASTE $ 64,820 988,529 191,014 (1,150,365) 3,612 7,313,562 (14,715,972) 8,459,849 656,500 (29,152) (907,211) (300,431) (244,314) 22,194,219 (1,471,264) 19,416,752 -0(15,031,706) 22,006,794 (21,840,596) 44,259,946 (8,473,439) 148,854 185,609 7,913,747 41,610,501 22,028,106 32,046,000 187,938,335 48,103,572 98,958,944 45,389,043 2,212,702 (4,051,026) 278,853 18,148,188 9,194,850 46 $ 597,068,692 440 (2,775,057) 1,001,916 (15,031,706) 39,936,389 TOTAL ENTERPRISE FUNDS 2,996 41,076,768 185,609 43,866,452 32,324,853 348,868,670 120,664,545 Notes to the Financial Statements (Continued) NOTE 25 – EXCESS OF EXPENDITURES OVER BUDGET IN INDIVIDUAL FUNDS Budgeted appropriations include expenditures and transfers out. The following governmental fund types had excess of actual expenditures and transfers out over budgeted expenditures and transfers out in their respective departments or funds for the year ended June 30, 2001: GENERAL FUND Sheriff $ 1,165,316 SPECIAL REVENUE FUNDS Human Services Grants County Attorney Grants Housing Department Law Library Parks Souvenir 353,666 130,960 5,820 271,748 17,515 NOTE 26 – CONSTRUCTION AND OTHER SIGNIFICANT COMMITMENTS At June 30, 2001, 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 Administration Center and various County Facilities. Transportation Construction Projects At June 30, 2001, the Maricopa County Transportation Department had contractual commitments of $25,814,092 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. Flood Control Construction Projects At June 30, 2001, the Maricopa County Flood Control District had contractual commitments of $67,217,000 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. 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. At June 30, 2001, Maricopa County had contractual commitments of $254,058,431. Construction of Administration Center and various County Facilities At June 30, 2001, Maricopa County had the following contractual commitments related to major capital projects financed by the Lease Revenue Bonds, Series 2001. 47 Notes to the Financial Statements (Continued) CONTRACTUAL COMMITMENT PROJECT NAME Medical Examiner Facility Justice Court Facilities Administration Building Administration Building Parking Facilities Management Building Comprehensive Health Clinic Total $ $ 8,789,309 567,832 2,511,532 12,486,697 217,205 20,500,000 45,072,575 NOTE 27 – 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 and Investigators) 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 187 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 12 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. 48 Notes to the Financial Statements (Continued) ASRS PSPRS, CORP, EORP 3300 N. Central Ave., Suite 1300 Phoenix, AZ 85012 1020 E. Missouri Ave. Phoenix, AZ 85014 (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, 2001, active ASRS members and the County were each required by statute to contribute at the actuarially determined rate of 2.66 percent (2.17 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, 2001, 2000, and 1999 were $10,836,327, $9,916,689 and $10,878,700, 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 .73 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, 2001, 2000, and 1999 were $2,451,845, $2,488,516 and $2,522,642, respectively, which were equal to the required contributions for the year. Agent Plans - For the year ended June 30, 2001, active PSPRS (Maricopa County Sheriff’s) 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 4.41 percent, whereas, 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 7.66 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 .77 percent. Annual Pension Cost - The County’s pension cost for the two agent plans for the year ended June 30, 2001, and related information follow. PSPRS (Sheriff) Contribution rates: County Plan members Annual pension cost Contributions made CORP (Investigators) 4.41% 7.65% $1,285,636 $1,285,636 7.66% 7.65% $57,762 $57,762 0.77% 8.50% $260,498 $260,498 The current-year annual required contributions for the two agent plans were determined as part of the June 30, 1999, actuarial valuation using the following actuarial cost method. 49 Notes to the Financial Statements (Continued) PSPRS (Sheriff) Actuarial valuation date Actuarial cost method Actuarial assumptions: Investment rate of return Projected salary increases Includes inflation at Cost of living adjustments Amortization method Remaining amortization period from 7/1/99 Asset valuation method CORP (Investigators) 6/30/99 Entry Age 6/30/99 Entry Age 6/30/99 Entry Age 9% 9% 9% 6.5% - 9.5%/5.5% None Level % Open 6.5% - 9.5%/5.5% None Level % Open 5.5% - 9.5%/5.5% None Level % Open 20 Years 4 year smoothed market 20 Years 4 year smoothed market 20 Years 4 year smoothed market Trend Information - Information for each of the agent plans as of the most recent actuarial valuations for the past three fiscal years available follows. Plan Year Ended June 30, 2000 PSPRS (Sheriff) PSPRS (Investigators) CORP Plan Year Ended June 30, 1999 PSPRS (Sheriff) PSPRS (Investigators) CORP Plan Year Ended June 30, 1998 PSPRS (Sheriff) PSPRS (Investigators) CORP Contributions Required and Contributions Made Annual Pension Percentage of APC Cost (APC) Contributed $ $ $ 1,223,311 54,870 1,722,719 100.0% 100.0% 100.0% Contributions Required and Contributions Made Annual Pension Percentage of APC Cost (APC) Contributed $ $ $ 1,133,097 64,104 2,110,871 100.0% 100.0% 100.0% Contributions Required and Contributions Made Annual Pension Percentage of APC Cost (APC) Contributed $ $ $ 1,518,411 95,998 2,173,976 100.0% 100.0% 100.0% Net Pension Obligation $ $ $ 0 0 0 Net Pension Obligation $ $ $ 0 0 0 Net Pension Obligation $ $ $ 0 0 0 Funding Progress - Analysis of funding progress for each of the agent plans as of the most recent actuarial valuations, for the past three fiscal years available follows. 50 Notes to the Financial Statements (Continued) PSPRS Valuation Date June 30 (1) (2) (3) (4) (5) Actuarial Value of Plan Assets Entry Age Actuarial Accrued Liability (AAL) Funding (Liability) Excess (1) - (2) Percent Funded (1)/(2) Annual Covered Payroll (6) Unfunded Liability as a Percentage of Covered Payroll (3)/(5) $164,612,412 $145,193,704 $126,691,889 $131,971,723 $119,873,021 $106,256,065 32,640,689 25,320,683 20,435,824 124.7% 121.1% 119.2% $ 27,298,124 $ 24,017,617 $ 21,060,363 N/A N/A N/A (6) Unfunded Liability as a Percentage of Covered Payroll (3)/(5) Sheriff 2000 1999 1998 Valuation Date June 30 $ $ $ (1) (2) (3) (4) (5) Actuarial Value of Plan Assets Entry Age Actuarial Accrued Liability (AAL) Funding (Liability) Excess (1)-(2) Percent Funded (1)/(2) Annual Covered Payroll Investigators 2000 1999 1998 $ $ $ 4,794,966 3,946,187 3,267,429 $ $ $ 4,160,358 3,703,175 3,240,679 $ $ $ 634,608 243,012 26,750 115.3% 106.6% 100.8% $ $ $ 814,382 694,447 648,700 N/A N/A N/A CORP (1) (2) (3) (4) (5) Valuation Date June 30 Actuarial Value of Plan Assets Entry Age Actuarial Accrued Liability (AAL) Funding (Liability) Excess (1)-(2) Percent Funded (1)/(2) Annual Covered Payroll (6) Unfunded Liability as a Percentage of Covered Payroll (3)/(5) 2000 1999 1998 $ 98,511,990 $ 84,036,931 $ 68,701,567 145.1% 135.1% 114.7% $ 32,867,396 $ 34,908,470 $ 31,894,069 N/A N/A N/A $ $ $ 67,900,521 62,186,176 59,894,176 $ $ $ 30,611,469 21,850,755 8,807,391 NOTE 28 – OTHER POST-EMPLOYMENT BENEFITS In addition to the pension benefits described in Note 27 - Employee Retirement Plans, Maricopa County offers the following post-employment benefits to terminated and retired employees: 51 Notes to the Financial Statements (Continued) In accordance with Public Law 99-272, (COBRA), Maricopa County provides continued group medical and dental benefits to terminated employees for a period not to exceed 18, 29, or 36 months, depending upon the type of qualifying event that occurred. To be eligible, an employee must be enrolled in the insurance plan on the day prior to the qualifying event. The beneficiary pays 100 percent of the premium and an administration charge equal to two percent of the premium. Maricopa County’s dental and medical insurance carriers, Health Select, Cigna, United Dental Care and Delta Dental accept the risk for COBRA claims. However, Maricopa County is financially liable for claims in excess of premiums (up to stop loss) filed by those beneficiaries enrolled with Blue Cross/Blue Shield. Maricopa County terminated its contract with Blue Cross/Blue Shield on December 31, 1997. During the fiscal year ended June 30, 2001, Maricopa County had a net claims expense for Blue Cross/Blue Shield run off claims of $29,280. Also under the authority of Public Law 99-272, Maricopa County provides an Employee Assistance Program to terminated employees who choose it when selecting from available COBRA options. This program provides counseling for qualifying terminated employees and their dependents at $1.80 per participant. It is an internal program totally funded by the County. For the fiscal year ended June 30, 2001, there were no enrolled participants qualifying under COBRA in the program. Maricopa County provides medical insurance to retirees. In accordance with Arizona Revised Statute §11-263, the County provides post-retirement medical insurance to participants meeting the requirements of the statute. Participants must have enough money in their pension plans to cover the insurance premiums in full. The participants are responsible for paying the full cost of premiums. The County’s insurance carriers accept financial liability for claim costs. NOTE 29 – IMPLEMENTATION OF GASB STATEMENT NO. 34 Beginning with fiscal year 2002, the County will prepare its external financial reports following the requirements of GASB Statement No. 34, Basic Financial Statements — and Management’s Discussion and Analysis – for State and Local Governments. Implementing this standard will significantly change the accounting principles and reporting format used by the County in future financial reports. 52 Financial Section General Fund The General Fund is used to account for all resources used to finance County services which are not properly accounted for in other funds. These services include: General Government; Public Safety; Health, Welfare and Sanitation; Culture and Recreation; and Education. Maricopa County Schedule Of Expenditures - Budget And Actual General Fund For the Fiscal Year Ended June 30, 2001 BUDGET GENERAL GOVERNMENT County Assessor Board of Supervisors Finance Management and Budget County Manager Elections Materials Management Facilities Management Internal Audit Human Resources Planning and Training Information Technology Recorder Treasurer Call Center General Government Total General Government $ 14,354,298 1,627,324 2,087,227 1,551,613 1,349,222 10,609,961 1,357,704 21,595,719 896,040 4,284,720 672,400 5,269,733 1,832,087 3,715,263 1,334,229 91,904,867 164,442,407 ACTUAL $ 14,354,292 1,471,253 1,881,276 1,372,436 1,172,117 9,978,325 1,291,018 21,326,679 842,868 3,819,389 610,280 5,175,454 1,609,893 3,475,406 1,221,731 58,753,466 128,355,883 VARIANCE $ 6 156,071 205,951 179,177 177,105 631,636 66,686 269,040 53,172 465,331 62,120 94,279 222,194 239,857 112,498 33,151,401 36,086,524 PUBLIC SAFETY Adult Probation Emergency Management Clerk of Superior Court County Attorney Justice Courts Constables Judicial Mandates Juvenile Courts Medical Examiner Indigent Representation Public Fiduciary Superior Court Sheriff Total Public Safety 11,619,113 153,246 19,504,692 40,165,686 14,876,996 1,504,910 6,239,451 10,577,720 3,406,202 34,337,055 1,757,037 39,557,710 38,103,030 221,802,848 11,619,104 136,357 19,302,059 40,119,036 14,876,916 1,482,044 6,181,424 10,577,646 3,392,907 33,113,960 1,703,936 39,557,638 39,268,346 221,331,373 9 16,889 202,633 46,650 80 22,866 58,027 74 13,295 1,223,095 53,101 72 (1,165,316) 471,475 HEALTH, WELFARE AND SANITATION Human Services Public Health Animal Control Environmental Services Health Care Mandates Medical Assistance Program Total Health, Welfare and Sanitation 1,310,566 5,375,547 228,096 702,559 240,637,361 11,199,886 259,454,015 1,310,530 5,296,378 228,096 677,646 204,572,819 11,152,989 223,238,458 36 79,169 0 24,913 36,064,542 46,897 36,215,557 CULTURE AND RECREATION Parks and Recreation 1,636,148 1,501,023 135,125 EDUCATION Superintendent of Schools 1,618,575 1,573,126 45,449 Total General Fund Expenditures $ 55 648,953,993 $ 575,999,863 $ 72,954,130 56 Financial Section Special Revenue Funds Special Revenue Funds are used to account for revenues which are restricted as to use by statute, rules and regulations, and local policy. The Special Revenue Funds associated with Maricopa County are listed on the next page. A short description of all Special Revenue Funds is provided on the following pages. Transportation Law Library Flood Control Old Courthouse Adult Probation Grants Palo Verde Human Services Grants Parks & Recreation Grants Public Health Parks Enhancement Environmental Services Parks Souvenir Juvenile Court Grants Parks Spurs Cross Ranch CDBG Housing Trust Parks Lake Pleasant Library Planning Grants Stadium District Planning and Development Bank One Ballpark Operations Probate Programs Animal Control Public Defender Grants Adult Probation Services Public Defender Training Child Support Automation Public Health Pharmacy Child Support Enhancement Recorder’s Surcharge Children’s Issues Education Research And Reporting Clerk Of Court Grants RICO Conciliation Court Special Sheriff Aviation Correctional Health Grants Sheriff Donations County Attorney Grants Sheriff Grants County Attorney Special Sheriff Inmate Health Services Court Automation Sheriff Special Funding Document Retrieval Sports Authority Domestic Relations Education Street Lighting Economic Development Superior Court Grants Emergency Management Superior Court Judicial Enhancement Expedited Child Support Superior Court Special Housing Department Taxpayers’ Information Jail Operations Unorganized Territory Transportation Justice Court Enhancement Victim Location Justice Court Grants Waste Tire Program Justice Court Judicial Enhancement Accommodation Schools Juvenile Probation Small Schools Service Program Juvenile Restitution Transportation — Plans and implements an environmentally balanced multi-modal transportation system that serves the region’s needs. Operations are funded through highway user tax. Flood Control — The Maricopa County Flood Control District provides flood control facilities and regulates floodplains and drainage to prevent flooding of property. Operations are funded by a secondary tax levy. 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. 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. 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. Environmental Services — Air Pollution 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. Juvenile Court Grants — Accounts for the grant funds that are utilized for the child nutrition program, family counseling and safe schools program. 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. Library — Provides and maintains library services for the residents of Maricopa County. Operations are funded by a secondary tax levy. 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. Bank One Ballpark Operations — Accounts for all revenues and expenditures related to Bank One Ballpark. 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. 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). 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 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. 59 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 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 Special — Pursuant to A.R.S. §13-1811, funds are utilized for the investigation, prosecution and deferred prosecution of bad check cases. 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 tonnage’s of refuse dumped. Expenditures are used for economic development in Mobile and other unincorporated areas of the County. Emergency Management — Emergency Management activity consists of disaster planning and training. 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. 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. Jail Operations — 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 cent sales tax to be used for the construction and operation of adult and juvenile detention facilities. 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. 60 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 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 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. 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 & 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 Enhancement — Accounts for park and recreation revenues and expenditures associated with enhancing parks and recreation programs pursuant to A.R.S. §11-941. Parks Souvenir — Accounts for sales proceeds of sundry items at the Maricopa County Parks. Parks Spurs 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. 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. Planning Grants — Accounts for grant funds that are utilized for urban planning. Planning and Development — Performs mandated community planning functions. Funding is provided mainly through license and impact fees. 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 Grants — Accounts for grant funds that are utilized for public defender training and to increase the processing of drug cases. 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 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. 61 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 Aviation – Established on July 1, 1998, to track financial activity for law enforcement aviation services, which are provided to cities and towns under intergovernmental agreements. 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. 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. Street Lighting — Provides street lighting in unincorporated areas of Maricopa County. Operations are funded by special assessment. 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. 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. 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. Accomodation Schools — Accounts for the maintenance and operations of the accommodation schools. Small Schools Service Program — Accounts for the special education services provided to small schools as established by A.R.S. §15-365. 62 63 Maricopa County Combining Balance Sheet All Special Revenue Funds As Of June 30, 2001 TRANSPORTATION ADULT PROBATION GRANTS FLOOD CONTROL HUMAN SERVICES GRANTS PUBLIC HEALTH ASSETS Cash in bank and on hand $ 1,800 $ 450 $ $ 10,361 $ 907 Cash and investments held by 14,259,282 County Treasurer Cash and investments held by trustee 13,833,369 109,209 3,003,162 2,379,366 Receivables: Taxes 156,715 Accrued interest Due from other funds 16,154,080 558,950 Due from other governmental units Inventory of supplies 1,064,229 169,661 1,985 9,613,219 97,032 35,160 29,810 765,751 7,560,983 246,660 Miscellaneous Total assets 6,370,691 24,601 $ 31,130,827 $ 24,889,154 $ 3,804,073 $ 7,818,004 $ 8,805,375 $ $ 12,502,185 391,060 7,000 $ 378,889 958,960 1,238 $ 1,911,474 209,680 24 2,868,945 $ 2,085,525 340,369 60 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable Employee compensation Accrued liabilities 8,023,738 708,381 310,462 Due to other funds Due to other governmental units 759,408 2,464,986 2,827,881 5,132,782 823,123 9,865,704 13,659,653 3,804,073 7,818,004 7,558,736 558,950 20,706,173 21,265,123 97,032 11,132,469 11,229,501 Total liabilities and fund balances $ 31,130,827 $ 24,889,154 Deferred revenue Deposits held for other parties Total liabilities Fund balances: Reserved for inventory of supplies Unreserved Total fund balances 64 24,601 1,222,038 1,246,639 $ 3,804,073 $ 7,818,004 $ 8,805,375 ENVIRONMENTAL SERVICES $ 800 JUVENILE COURT GRANTS $ $ 4,202,293 1,309,423 48,788 16,137 27,558 2,634,203 1,812,351 CDBG HOUSING TRUST LIBRARY $ 700 BANK ONE BALLPARK OPERATIONS STADIUM DISTRICT $ $ 15,000 7,189,038 2,999,118 2,297,433 233,006 83,169 409 34,147 26,875 3,268 4,615,285 ANIMAL CONTROL $ 1,032,410 2,720 67,843 21,529 114,722 $ 6,064,232 $ 3,987,321 $ 4,615,285 $ 7,506,322 $ 4,065,675 $ 2,457,298 $ 92,092 $ 62,675 394,756 23 $ 310,704 340,105 $ 32,313 16,378 $ 724,835 149,262 200 $ 13 $ 1,714 3,784 6,057 $ 91,372 123,061 8,289 735,296 16,470 $ 3,268 2,655,418 4,550,124 288,326 457,454 3,306,227 4,615,285 1,162,623 3,281 11,555 5,606,778 5,606,778 681,094 681,094 6,343,699 6,343,699 4,062,394 4,062,394 2,445,743 2,445,743 6,064,232 $ 3,987,321 $ 4,615,285 $ 7,506,322 $ 4,065,675 $ 2,457,298 958,018 21,529 (887,455) (865,926) $ 92,092 (continued on next page) 65 Maricopa County Combining Balance Sheet All Special Revenue Funds (Continued) As Of June 30, 2001 ADULT PROBATION SERVICES CHILD SUPPORT AUTOMATION CHILD SUPPORT ENHANCEMENT $ $ CHILDREN’S ISSUES EDUCATION CLERK OF COURT GRANTS ASSETS Cash in bank and on hand $ $ $ Cash and investments held by 3,909,398 County Treasurer 89,233 276,824 16,665 144,418 Cash and investments held by trustee Receivables: Taxes 44,346 406,513 Accrued interest Due from other funds 3,157 1,863 407,336 Due from other governmental units Inventory of supplies Miscellaneous Total assets $ 4,360,257 $ $ 80,795 227,812 $ 89,233 $ 279,981 $ $ 17,930 $ 16,665 $ 553,617 $ 35,476 26,474 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable Employee compensation Accrued liabilities Due to other funds Due to other governmental units 491,667 Deferred revenue Deposits held for other parties Total liabilities 308,607 17,930 553,617 Fund balances: Reserved for inventory of supplies Total fund balances 4,051,650 4,051,650 Total liabilities and fund balances $ 4,360,257 Unreserved 89,233 89,233 $ 89,233 66 262,051 262,051 $ 279,981 16,665 16,665 $ 16,665 $ 553,617 CONCILIATION COURT SPECIAL CORRECTIONAL HEALTH GRANTS $ $ 333,548 COUNTY ATTORNEY GRANTS $ 1,621 COUNTY ATTORNEY SPECIAL $ 219,631 3,817 126,242 300 COURT AUTOMATION $ DOMESTIC RELATIONS EDUCATION DOCUMENT RETRIEVAL $ $ 3,147,665 141,090 788,498 220,622 3,389 35,767 1,461 57,957 8,178 87,448 2,516 14,345 458,470 50,589 92,210 $ 463,607 $ $ 17,816 50,972 153 $ 1,621 $ 773,700 $ 3,234,321 $ 200,508 $ 884,124 $ $ 327,108 133,296 135 $ 10,547 82,758 $ 65,244 5,051 66 $ 87,649 20,564 $ 1,621 237,483 4,167 313,161 68,941 1,621 773,700 394,666 394,666 $ 463,607 $ 1,621 $ 773,700 $ 93,305 70,361 108,213 4,167 3,141,016 3,141,016 130,147 130,147 775,911 775,911 233,316 233,316 3,234,321 $ 200,508 $ 884,124 $ 237,483 (continued on next page) 67 Maricopa County Combining Balance Sheet All Special Revenue Funds (Continued) As Of June 30, 2001 ECONOMIC DEVELOPMENT EMERGENCY MANAGEMENT $ $ EXPEDITED CHILD SUPPORT HOUSING DEPARTMENT JAIL OPERATIONS ASSETS Cash in bank and on hand $ $ 4,989,087 $ Cash and investments held by County Treasurer 281,097 469,666 306,365 3,230 5,354 3,508 32,994 Cash and investments held by trustee Receivables: Taxes Accrued interest Due from other funds 4,000 Due from other governmental units 1,725,148 914 19,795,571 193,974 1,027,676 Inventory of supplies 145,730 Miscellaneous Total assets $ 284,327 $ 479,020 $ 342,867 $ 6,162,493 $ 21,715,607 $ 1,866 9,409 $ 26,802 11,585 $ 1,990,478 $ LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable $ Employee compensation Accrued liabilities Due to other funds Due to other governmental units 3,002,716 2,214,774 3,831 3,145,417 3,391 467,745 Deferred revenue Deposits held for other parties 479,020 Total liabilities 38,387 1,990,478 8,370,129 304,480 304,480 4,172,015 4,172,015 193,974 13,151,504 13,345,478 6,162,493 $ 21,715,607 Fund balances: Reserved for inventory of supplies Total fund balances 284,327 284,327 Total liabilities and fund balances $ 284,327 Unreserved $ 479,020 68 $ 342,867 $ JUSTICE COURT ENHANCEMENT $ JUSTICE COURT JUDICIAL ENHANCEMENT JUSTICE COURT GRANTS $ 30,524 JUVENILE PROBATION $ $ $ 217,445 587,349 688,514 2,480 8,509 36,861 7,852 107,786 31,929 JUVENILE RESTITUTION LAW LIBRARY $ 4,949 507,156 5,784 62,237 4,779 $ 62,453 $ $ 1,260 $ 224,704 $ 632,719 $ 804,152 $ $ 23,589 $ 1,299 34,076 $ 4,949 $ 575,177 $ 232,426 224,704 1,260 224,704 61,193 61,193 $ 62,453 $ 224,704 $ 23,589 35,375 609,130 609,130 768,777 768,777 632,719 $ 804,152 232,426 4,949 4,949 $ 4,949 342,751 342,751 $ 575,177 (continued on next page) 69 Maricopa County Combining Balance Sheet All Special Revenue Funds (Continued) As Of June 30, 2001 OLD COURT HOUSE PALO VERDE PARKS & RECREATION GRANTS PARKS ENHANCEMENT $ $ PARKS SOUVENIR ASSETS Cash in bank and on hand $ $ $ 50 Cash and investments held by 6,040 County Treasurer 126,216 1,300,454 1,439 14,465 25,000 Cash and investments held by trustee Receivables: Taxes Accrued interest Due from other funds 45,319 Due from other governmental units Inventory of supplies Miscellaneous Total assets $ 6,040 $ 127,655 $ 45,319 $ 1,314,919 $ 25,050 $ 123 3,472 $ 4,927 $ 2,630 54,939 $ 143 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable $ Employee compensation 273 34,692 Accrued liabilities Due to other funds Due to other governmental units 5,427 Deferred revenue Deposits held for other parties 3,595 Total liabilities 45,319 57,569 143 1,257,350 1,257,350 24,907 24,907 Fund balances: Reserved for inventory of supplies 6,040 6,040 Unreserved Total fund balances Total liabilities and fund balances $ 6,040 124,060 124,060 $ 127,655 70 $ 45,319 $ 1,314,919 $ 25,050 PARKS SPURS CROSS RANCH $ PARKS LAKE PLEASANT $ 33,166 130 PLANNING AND DEVELOPMENT PLANNING GRANTS $ $ $ 7,239,925 272,960 5,018,824 83,128 2,590 59,188 PUBLIC DEFENDER GRANTS PROBATE PROGRAMS $ PUBLIC DEFENDER TRAINING $ 81,193 28,281 62,446 $ 33,166 $ 7,323,183 $ $ 12,663 $ 15,872 14,730 $ $ 275,550 $ 5,078,012 $ 109,474 $ $ 16,393 135,499 2 $ 286 12,915 $ 1,524 12,663 30,602 1,524 151,894 13,201 20,503 20,503 7,292,581 7,292,581 274,026 274,026 4,926,118 4,926,118 96,273 96,273 33,166 $ 7,323,183 $ 275,550 $ 5,078,012 $ 109,474 62,446 102,081 $ 102,081 $ 17,598 12,295 9,470 44,848 26,581 62,446 48,346 53,735 53,735 $ 62,446 $ 102,081 (continued on next page) 71 Maricopa County Combining Balance Sheet All Special Revenue Funds (Continued) As Of June 30, 2001 PUBLIC HEALTH PHARMACY RESEARCH AND REPORTING RECORDER’S SURCHARGE SHERIFF AVIATION RICO ASSETS Cash in bank and on hand $ $ $ $ 9,277,499 $ Cash and investments held by County Treasurer 1,592,440 2,418,661 17,796 27,672 134,480 167,818 6,209 Cash and investments held by trustee Receivables: Taxes Accrued interest Due from other funds Due from other governmental units 161,395 Inventory of supplies Miscellaneous Total assets $ 1,771,631 $ 2,580,813 $ 167,818 $ $ 203,571 38,925 65 $ 356,889 45,433 10 $ 9,381 5,817 $ 9,277,499 $ 6,209 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable Employee compensation Accrued liabilities $ 31,509 Due to other funds 9,245,990 Due to other governmental units Deferred revenue Deposits held for other parties 242,561 402,332 15,198 Total fund balances 161,395 1,367,675 1,529,070 2,178,481 2,178,481 152,620 152,620 Total liabilities and fund balances $ 1,771,631 Total liabilities 9,277,499 Fund balances: Reserved for inventory of supplies Unreserved $ 2,580,813 72 $ 167,818 6,209 6,209 $ 9,277,499 $ 6,209 SHERIFF DONATIONS $ SHERIFF INMATE HEALTH SERVICES SHERIFF GRANTS $ 10,520 500,071 $ 9,770,701 SHERIFF SPECIAL FUNDING $ 45,943 SPORTS AUTHORITY $ 96,150 $ 1,158,692 111,806 SUPERIOR COURT GRANTS STREET LIGHTING 13,215 $ 1,462,108 149,303 16,675 1,881 2,144,823 124,845 4,931 $ 10,520 $ $ 12,527,401 $ $ 176,242 105,965 2,945 2,268 $ 50,874 351,857 $ 1,523,764 $ 96,150 $ 1,478,783 $ 276,029 $ 171,006 53,880 9,629 $ 1,980 $ 131,016 $ 85,229 48,902 183 976,867 141,715 1,264,287 10,520 10,520 $ 10,520 11,263,114 11,263,114 $ 12,527,401 50,874 50,874 $ 50,874 $ 234,515 1,980 131,016 1,289,249 1,289,249 94,170 94,170 1,347,767 1,347,767 1,523,764 $ 96,150 $ 1,478,783 276,029 $ 276,029 (continued on next page) 73 Maricopa County Combining Balance Sheet All Special Revenue Funds (Continued) As Of June 30, 2001 SUPERIOR COURT JUDICIAL ENHANCEMENT SUPERIOR COURT SPECIAL UNORGANIZED TERRITORY TRANSPORTATION TAXPAYERS’ INFORMATION ASSETS Cash in bank and on hand $ $ $ $ Cash and investments held by County Treasurer 1,076,788 558,203 13,107 67,583 8,168 67,389 642,798 99,955 Cash and investments held by trustee Receivables: Taxes Accrued interest Due from other funds Due from other governmental units Inventory of supplies Miscellaneous Total assets $ 1,157,478 $ 633,760 $ $ 69,146 $ 52,922 15,166 $ 642,798 $ 99,955 $ 197,018 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable Employee compensation Accrued liabilities Due to other funds 15,000 Due to other governmental units Deferred revenue Deposits held for other parties Total liabilities 69,146 83,088 1,088,332 1,088,332 550,672 550,672 197,018 Fund balances: Reserved for inventory of supplies Unreserved Total fund balances Total liabilities and fund balances $ 1,157,478 $ 74 633,760 642,798 642,798 $ 642,798 (97,063) (97,063) $ 99,955 WASTE TIRE PROGRAM VICTIM LOCATION $ $ 82,934 SMALL SCHOOLS SERVICE PROGRAM ACCOMMODATION SCHOOLS $ 1,876,247 $ 1,757,844 TOTALS JUNE 30, 2001 $ 499,374 101,335,078 109,209 1,297,235 2,859,206 1,296,179 75,689,607 1,057,481 956,110 21,255 834,856 $ 82,934 $ $ 2,732,358 $ $ 114,802 4,458 $ 1,757,844 $ 499,374 $ $ 199,496,130 $ 33,682,972 7,027,048 382,154 6,877,785 9,264,381 21,300,211 823,123 79,357,674 119,260 82,934 82,934 $ 82,934 2,613,098 2,613,098 $ 2,732,358 14,896,025 1,757,844 1,757,844 $ 1,057,481 119,080,975 120,138,456 499,374 499,374 1,757,844 $ 75 499,374 $ 199,496,130 Maricopa County Combining Statement Of Revenues, Expenditures And Changes In Fund Balances All Special Revenue Funds For the Fiscal Year Ended June 30, 2001 TRANSPORTATION REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) Excess (deficiency) of revenues and other sources over expenditures and other uses Fund balances (deficits) at beginning of year Increase (decrease) in reserve for inventory of supplies Fund balances (deficits) at end of year $ 671,829 90,775,787 3,710 3,409,798 94,861,124 ADULT PROBATION GRANTS FLOOD CONTROL $ 43,874,334 1,182,821 16,970,787 $ HUMAN SERVICES GRANTS $ PUBLIC HEALTH $ 33,647,566 255,585 25,288,361 27,509,959 60,338 3,408,183 65,436,125 180,400 34,083,551 51,046 25,339,407 156,397 27,726,694 30,966,212 34,024,470 25,106,677 27,035,376 232,730 25,339,407 183,246 27,218,622 59,803,451 51,828,683 111,632,134 (16,771,010) 48,630,006 79,596,218 40,132 34,064,602 (14,160,093) (417,434) (417,434) 18,949 508,072 (18,949) (18,949) (167,322) (167,322) (17,188,444) (14,160,093) 340,750 38,506,186 25,367,983 921,819 (52,619) $ 21,265,123 21,611 $ 11,229,501 76 (15,930) $ $ $ 1,246,639 ENVIROMENTAL SERVICES $ JUVENILE COURT GRANTS $ 11,332,444 3,433,745 428,145 409,032 1,361,477 16,964,843 CDBG HOUSING TRUST $ LIBRARY $ 14,014,934 251,007 7,772,590 81,864 14,347,805 89,731 7,862,321 STADIUM DISTRICT 8,863,611 $ BANK ONE BALLPARK OPERATIONS $ ANIMAL CONTROL $ 3,398,130 546,811 1,518,203 3,783 39,948 5,506,875 89,306 8,168 220,074 567,839 9,748,998 272,535 5,909,719 3,378,101 3,378,101 8,774,074 51,416 2,326,545 500,525 9,274,599 51,416 2,326,545 411,133 6,529,839 474,399 5,858,303 1,051,556 (1,022,964) 5,637,184 13,789,521 15,938,655 7,862,321 62,283 16,000,938 104,280 13,893,801 963,905 454,004 6,118,706 7,862,321 (3,226) (3,226) (5,680,984) (5,680,984) (449,991) (449,991) 142,556 (7,047) 135,509 (887,455) 963,905 454,004 471,173 177,319 601,565 4,642,873 227,090 5,872,526 3,885,075 1,844,178 45,663 (24,134) $ 5,606,778 $ 681,094 $ $ 6,343,699 $ 4,062,394 $ 2,445,743 $ (865,926) (continued on next page) 77 Maricopa County Combining Statement Of Revenues, Expenditures And Changes In Fund Balances All Special Revenue Funds (Continued) For the Fiscal Year Ended June 30, 2001 ADULT PROBATION SERVICES REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ CHILD SUPPORT ENHANCEMENT CHILD SUPPORT AUTOMATION $ $ CHILDREN’S ISSUES EDUCATION $ CLERK OF COURT GRANTS $ 63,121 6,899,441 127,497 182,650 7,209,588 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Capital outlay Total expenditures 4,918 4,918 1,906,553 21,873 84,994 5,285,142 21,090 88,860 78,533 5,363,675 21,090 14,896 103,756 1,845,913 (16,172) (18,762) Excess (deficiency) of revenues and other sources over expenditures and other uses 1,845,913 (16,172) Fund balances (deficits) at beginning of year 2,205,737 105,405 Excess (deficiency) of revenues over expenditures 955 955 11,236 1,917,789 5 1,966,909 5 19,599 1,986,508 950 (68,719) (18,762) 950 (68,719) 280,813 15,715 OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) 68,719 Increase (decrease) in reserve for inventory of supplies Fund balances (deficits) at end of year $ 4,051,650 $ 89,233 78 $ 262,051 $ 16,665 $ CONCILIATION COURT SPECIAL CORRECTIONAL HEALTH GRANTS $ $ COUNTY ATTORNEY GRANTS $ 81,112 COUNTY ATTORNEY SPECIAL $ COURT AUTOMATION $ 5,003,119 1,690,070 242 81,354 1,460,209 $ $ 7,000 733,416 1,011,953 162,495 5,003,119 1,366,221 327,350 3,383,641 9,384 749,800 59,227 1,071,180 14,354 176,849 5,003,119 2,937,349 684,612 1,074,680 1,517,287 28,562 1,545,849 DOMESTIC RELATIONS EDUCATION DOCUMENT RETRIEVAL 81,354 211,727 3,149,076 36,524 721,136 85,640 234,565 28,664 (10,234) 87,730 85,640 234,565 28,664 (10,234) 87,730 309,026 2,906,451 101,483 1,460,209 $ 89,119 394,666 81,354 $ 5,003,119 $ $ 3,141,016 $ 130,147 6,734 1,081,414 89,119 786,145 $ 775,911 145,586 $ 233,316 (continued on next page) 79 Maricopa County Combining Statement Of Revenues, Expenditures And Changes In Fund Balances All Special Revenue Funds (Continued) For the Fiscal Year Ended June 30, 2001 ECONOMIC DEVELOPMENT REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPEDITED CHILD SUPPORT EMERGENCY MANAGEMENT $ $ HOUSING DEPARTMENT $ 424,808 74,842 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Capital outlay Total expenditures 21,446 96,288 33,617 458,425 55,230 458,425 55,230 Excess (deficiency) of revenues over expenditures 458,425 373,739 12,376,928 1,237,235 25,352 399,091 3,413,966 17,028,129 469,721 16,433,600 469,721 16,433,600 41,058 (70,630) 594,529 Excess (deficiency) of revenues and other sources over expenditures and other uses 41,058 (70,630) 594,529 Fund balances (deficits) at beginning of year 243,269 375,110 OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) 3,577,486 Increase (decrease) in reserve for inventory of supplies Fund balances (deficits) at end of year $ 284,327 $ 80 $ 304,480 $ 4,172,015 JUSTICE COURT ENHANCEMENT JAIL OPERATIONS $ $ JUSTICE COURT JUDICIAL ENHANCEMENT $ JUVENILE PROBATION $ JUVENILE RESTITUTION $ LAW LIBRARY $ 112,883,556 19,445 451,644 484,098 1,050,908 9,922,007 122,825,008 3,154 454,798 53,234 537,332 46,571 1,097,479 114,116,169 438,286 302,864 906,843 1,071,748 5,496,338 119,612,507 41,278 479,564 204,438 507,302 906,843 1,071,748 (24,766) 30,030 190,636 2,376 (155,009) (7,917,922) (24,766) 30,030 190,636 2,376 (155,009) 21,069,426 85,959 579,100 578,141 2,573 497,760 3,212,501 827,213 5,007 84,519 916,739 2,376 2,376 91,903,893 (103,034,316) (11,130,423) 193,974 $ 13,345,478 $ 61,193 $ 609,130 $ 768,777 $ 4,949 $ 342,751 (continued on next page) 81 Maricopa County Combining Statement Of Revenues, Expenditures And Changes In Fund Balances All Special Revenue Funds (Continued) For the Fiscal Year Ended June 30, 2001 OLD COURTHOUSE REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ PALO VERDE $ PARKS & RECREATION GRANTS PARKS ENHANCEMENT $ $ 226,521 PARKS SOUVENIR $ 42,350 1,227,964 346 346 8,349 234,870 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Capital outlay Total expenditures 42,350 865,465 2,093,429 53,621 53,621 2,765 1,442,400 33,089 39,585 42,350 181,321 1,623,721 33,089 469,708 20,532 220,600 220,600 Excess (deficiency) of revenues over expenditures 346 14,270 OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) 14,426 (14,426) (14,426) 14,426 Excess (deficiency) of revenues and other sources over Expenditures and other uses Fund balances (deficits) at beginning of of year 346 14,270 484,134 6,106 5,694 109,790 773,216 18,801 Increase (decrease) in reserve for inventory of supplies Fund balances (deficits) at end of year $ 6,040 $ 124,060 82 $ $ 1,257,350 $ 24,907 PARKS SPURS CROSS RANCH $ PARKS LAKE PLEASANT $ 104,390 1,163,730 8,217 103,317 652,733 1,920,853 42,843 1,740,974 39,971 82,814 223,876 1,964,850 20,503 PLANNING GRANTS $ 95,000 100 PLANNING AND DEVELOPMENT (43,997) $ 6,378,758 10,957 233,932 2,719,229 3,600 352,464 9,454,051 113,203 20,503 (191,303) $ 7,292,581 $ 361,322 1,725 366,156 2,986 942,294 8,628 369,950 6,385,793 276,208 994,559 360,023 23,341 136,544 282,281 6,668,074 276,208 994,559 360,023 97,388 2,785,977 89,948 (52,265) 9,927 (52,265) 9,927 52,265 43,808 364,431 (50,206) (50,206) 7,483,884 $ $ PUBLIC DEFENDER TRAINING 939,308 (147,306) (147,306) 20,503 $ 222,975 PUBLIC DEFENDER GRANTS PROBATE PROGRAMS $ 97,388 2,735,771 89,948 176,638 2,190,347 6,325 274,026 $ 4,926,118 $ 96,273 $ $ 53,735 (continued on next page) 83 Maricopa County Combining Statement Of Revenues, Expenditures And Changes In Fund Balances All Special Revenue Funds (Continued) For the Fiscal Year Ended June 30, 2001 PUBLIC HEALTH PHARMACY REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ $ $ SHERIFF AVIATION RICO $ 2,269,896 3,920,184 208,434 2,478,330 173,808 4,093,992 544,476 544,476 2,736,734 436,240 $ 783,384 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Capital outlay Total expenditures 272 272 783,384 596,710 2,649,484 2,649,484 Excess (deficiency) of revenues over expenditures (171,154) OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) 20,885 (75,961) (55,076) Excess (deficiency) of revenues and other sources over expenditures and other uses (226,230) Fund balances (deficits) at beginning of year 1,133,808 3,870,542 436,240 223,450 108,236 186,674 783,384 272 185,708 (1,273) 184,435 223,450 1,689,371 Increase (decrease) in reserve for inventory of supplies Fund balances (deficits) at end of year RESEARCH AND REPORTING RECORDER’S SURCHARGE 292,671 1,955,031 272 (140,051) 5,937 65,929 $ 1,529,070 $ 2,178,481 84 $ 152,620 $ $ 6,209 SHERIFF DONATIONS $ SHERIFF INMATE HEALTH SERVICES SHERIFF GRANTS $ $ SHERIFF SPECIAL FUNDING $ SPORTS AUTHORITY $ SUPERIOR COURT GRANTS STREET LIGHTING $ $ 8,601,603 2,077,948 55,904 6,643 6,643 3,612,549 472,610 9,074,213 1,318 57,222 5,956,707 5,956,707 4,149,501 7,197 4,447,195 360,667 360,667 114,192 3,726,741 22,229 2,100,177 3,418,502 2,134,686 33,413 2,168,099 425,119 $ 362,336 4,511,837 7,197 236,657 4,683,852 425,119 3,418,502 6,643 4,562,376 50,025 1,272,855 (64,452) 308,239 (67,922) 6,643 4,562,376 50,025 1,272,855 (64,452) 308,239 (67,922) 3,877 6,700,738 849 16,394 158,622 1,039,528 10,520 $ 11,263,114 $ 50,874 $ 1,289,249 $ 94,170 $ 1,347,767 67,922 $ (continued on next page) 85 Maricopa County Combining Statement Of Revenues, Expenditures And Changes In Fund Balances All Special Revenue Funds (Continued) For the Fiscal Year Ended June 30, 2001 SUPERIOR COURT JUDICIAL ENHANCEMENT REVENUES Taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Capital outlay Total expenditures SUPERIOR COURT SPECIAL $ UNORGANIZED TERRITORY TRANSPORTATION TAXPAYERS’ INFORMATION $ $ 501,007 895,368 847,873 674,193 147,557 74,295 1,470,670 54,564 1,576,630 147,557 1,150,526 1,499,878 557,993 557,993 40,528 648,656 68,822 1,219,348 1,499,878 40,528 648,656 251,322 76,752 107,029 (90,663) Excess (deficiency) of revenues And other sources over Expenditures and other uses 251,322 76,752 107,029 (90,663) Fund balances (deficits) at beginning of year 837,010 473,920 535,769 (6,400) Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) Increase (decrease) in reserve for Inventory of supplies Fund balances (deficits) at end of year $ 1,088,332 $ 86 550,672 $ 642,798 $ (97,063) WASTE TIRE PROGRAM VICTIM LOCATION $ $ 33,842 33,842 SMALL SCHOOLS SERVICE PROGRAM ACCOMMODATION SCHOOLS $ $ TOTALS JUNE 30, 2001 $ 3,491,083 127,024 10,539,283 2,756,585 84,220 424,312 130,331 3,748,438 75,719 13,371,587 39,635 548,167 3,213,502 240,296,374 59,803,451 104,741,800 14,839,225 14,992,304 111,063,229 548,949,885 2,846,837 148,059 2,994,896 33,842 753,542 13,718,193 625,455 13,718,193 625,455 (346,606) 52,737,945 23,186,957 382,398,021 43,365,082 2,918,598 38,057,538 542,664,141 (77,288) (6,285,744) 92,267,468 (110,068,441) (17,800,973) 33,842 753,542 49,092 1,859,556 (346,606) 2,104,450 (77,288) (24,086,717) 576,662 144,036,342 188,831 $ 82,934 $ 2,613,098 $ 1,757,844 $ 87 499,374 $ 120,138,456 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Transportation For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Licenses and permits Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Highways and streets Capital outlay Total expenditures 1,200,000 107,474,014 50,000 1,668,575 110,392,589 ACTUAL $ 60,255,937 72,554,779 132,810,716 Deficiency of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses Deficiency of revenues over expenditures and other uses Fund balance at beginning of year $ 59,803,451 51,828,683 111,632,134 452,486 20,726,096 21,178,582 (16,771,010) 5,647,117 (2,100,886) (2,100,886) (417,434) (417,434) 1,683,452 1,683,452 (24,519,013) (17,188,444) 7,330,569 28,000,000 38,506,186 10,506,186 (52,619) $ 88 (528,171) (16,698,227) (46,290) 1,741,223 (15,531,465) (22,418,127) Decrease in reserve for inventory Fund balance at end of year 671,829 90,775,787 3,710 3,409,798 94,861,124 VARIANCE 3,480,987 $ 21,265,123 (52,619) $ 17,784,136 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Flood Control For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Taxes Licenses and permits Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures Deficiency of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses 45,009,461 1,131,963 22,567,000 4,779,969 73,488,393 ACTUAL $ 31,516,483 56,544,434 88,060,917 30,966,212 48,630,006 79,596,218 (14,572,524) (14,160,093) $ Fund balance at beginning of year 412,431 1,219,910 1,219,910 (15,792,434) (14,160,093) 1,632,341 28,166,869 25,367,983 (2,798,886) Increase in reserve for inventory 21,611 $ 89 (1,135,127) 50,858 (5,596,213) (1,371,786) (8,052,268) 550,271 7,914,428 8,464,699 (1,219,910) (1,219,910) Deficiency of revenues over expenditures and other uses Fund balance at end of year 43,874,334 1,182,821 16,970,787 3,408,183 65,436,125 VARIANCE 12,374,435 $ 11,229,501 21,611 $ (1,144,934) Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Adult Probation Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures 41,078,637 ACTUAL $ VARIANCE 41,078,637 33,647,566 255,585 180,400 34,083,551 40,978,637 100,000 41,078,637 34,024,470 40,132 34,064,602 6,954,167 59,868 7,014,035 18,949 18,949 (18,949) (18,949) (18,949) (18,949) Excess of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses $ Excess of revenues over expenditures and other uses Fund balance at beginning of year Fund balance at end of year $ 90 $ $ (7,431,071) 255,585 180,400 (6,995,086) Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Human Services Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Health, welfare and sanitation Capital outlay Total expenditures 24,985,741 ACTUAL $ 24,985,741 25,288,361 51,046 25,339,407 24,315,741 670,000 24,985,741 25,106,677 232,730 25,339,407 VARIANCE $ (790,936) 437,270 (353,666) Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 91 $ 302,620 51,046 353,666 $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Public Health For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ 29,916,666 ACTUAL $ 63,000 29,979,666 EXPENDITURES Health, welfare and sanitation Capital outlay Total expenditures 29,369,583 27,509,959 60,338 156,397 27,726,694 VARIANCE $ (2,406,707) 60,338 93,397 (2,252,972) 29,369,583 27,035,376 183,246 27,218,622 2,334,207 (183,246) 2,150,961 610,083 508,072 (102,011) (610,083) (610,083) (167,322) (167,322) 442,761 442,761 340,750 340,750 Fund balance at beginning of year 921,819 921,819 Decrease in reserve for inventory (15,930) (15,930) Excess of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses Excess of revenues over expenditures and other uses Fund balance at end of year $ 92 $ 1,246,639 $ 1,246,639 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Environmental Services For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Health, welfare and sanitation Capital outlay Total expenditures $ 17,804,749 337,385 18,142,134 Excess (deficiency) of revenues over expenditures (35,701) OTHER FINANCING USES Operating transfers out Total other financing uses 11,332,444 3,433,745 428,145 409,032 1,361,477 16,964,843 VARIANCE $ 1,866,094 275,102 2,141,196 963,905 999,606 578,358 578,358 (614,059) Fund balance at beginning of year 3,508,000 $ 93 2,893,941 758,444 (2,888,788) 51,145 280,132 657,477 (1,141,590) 15,938,655 62,283 16,000,938 (578,358) (578,358) Excess (deficiency) of revenues over expenditures and other uses Fund balance at end of year 10,574,000 6,322,533 377,000 128,900 704,000 18,106,433 ACTUAL $ 963,905 1,577,964 4,642,873 1,134,873 5,606,778 $ 2,712,837 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Juvenile Court Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ $ 16,190,000 EXPENDITURES Public safety Capital outlay Total expenditures 16,393,300 Fund balance at beginning of year $ 94 14,014,934 251,007 81,864 14,347,805 (203,300) 454,004 281,000 227,090 77,700 VARIANCE $ 13,789,521 104,280 13,893,801 16,393,300 Excess (deficiency) of revenues over expenditures Fund balance at end of year 16,000,000 190,000 ACTUAL $ 681,094 (1,985,066) 61,007 81,864 (1,842,195) 2,603,779 (104,280) 2,499,499 657,304 (53,910) $ 603,394 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual CDBG Housing Trust For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Health, welfare and sanitation Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses 15,897,185 ACTUAL $ 15,897,185 7,772,590 89,731 7,862,321 15,872,753 15,872,753 7,862,321 7,862,321 VARIANCE $ 8,010,432 8,010,432 24,432 (24,432) (24,432) (24,432) 24,432 24,432 Excess of revenues over expenditures and other uses Fund balance at beginning of year Fund balance at end of year $ 95 (8,124,595) 89,731 (8,034,864) $ $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Library For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Taxes Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Culture and recreation Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses $ 280,000 9,662,066 8,785,921 512,407 9,298,328 8,774,074 500,525 9,274,599 11,847 11,882 23,729 363,738 474,399 110,661 4,900,000 $ 96 4,631,246 $ (3,226) (3,226) (268,754) Fund balance at beginning of year VARIANCE 8,863,611 89,306 8,168 220,074 567,839 9,748,998 (632,492) (632,492) Excess (deficiency) of revenues over expenditures and other uses Fund balance at end of year 9,018,333 142,733 221,000 ACTUAL $ (154,722) (53,427) (212,832) 220,074 287,839 86,932 629,266 629,266 471,173 739,927 5,872,526 972,526 6,343,699 $ 1,712,453 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Stadium District For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Culture and recreation Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses Excess (deficiency) of revenues over expenditures and other uses $ 97 $ 85,759 197,535 283,294 51,416 51,416 82,046 82,046 5,492,963 5,858,303 365,340 (5,685,822) (5,685,822) (5,680,984) (5,680,984) 3,084,858 $ 5,637,184 272,535 5,909,719 VARIANCE 133,462 133,462 (192,859) Fund balance at beginning of year Fund balance at end of year 5,551,425 75,000 5,626,425 ACTUAL 2,891,999 $ 4,838 4,838 177,319 370,178 3,885,075 800,217 4,062,394 $ 1,170,395 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Bank One Ballpark Operations For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ EXPENDITURES Culture and recreation Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses Excess of revenues over expenditures and other uses Fund balance at beginning of year Fund balance at end of year $ 98 3,469,942 3,469,942 ACTUAL $ 3,378,101 3,378,101 VARIANCE $ (91,841) (91,841) 2,476,122 2,476,122 2,326,545 2,326,545 149,577 149,577 993,820 1,051,556 57,736 (638,705) (638,705) (449,991) (449,991) 188,714 188,714 355,115 601,565 246,450 1,178,270 1,844,178 665,908 1,533,385 $ 2,445,743 $ 912,358 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Animal Control For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Licenses and permits Intergovernmental Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Health, welfare and sanitation Capital outlay Total expenditures 3,180,348 1,460,240 1,459,005 4,600 456,992 6,561,185 ACTUAL $ 5,636,718 692,826 6,329,544 Excess (deficiency) of revenues over expenditures Deficiency of revenues and other sources over expenditures and other uses Fund balance at beginning of year $ 99 217,782 (913,429) 59,198 (817) (417,044) (1,054,310) (481,988) 281,693 (200,295) (1,022,964) (1,254,605) (407,850) (407,850) 142,556 (7,047) 135,509 142,556 400,803 543,359 (176,209) (887,455) (711,246) 339,623 45,663 (293,960) (24,134) (24,134) Decrease in reserve for inventory Fund balance (deficit) at end of year $ 6,118,706 411,133 6,529,839 231,641 OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) 3,398,130 546,811 1,518,203 3,783 39,948 5,506,875 VARIANCE 163,414 $ (865,926) $ (1,029,340) Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Adult Probation Services For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 100 6,720,000 ACTUAL $ VARIANCE 6,720,000 6,899,441 127,497 182,650 7,209,588 8,594,247 150,000 8,744,247 5,285,142 78,533 5,363,675 3,309,105 71,467 3,380,572 (2,024,247) 1,845,913 3,870,160 2,024,247 2,205,737 181,490 $ 4,051,650 $ $ 179,441 127,497 182,650 489,588 4,051,650 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Child Support Automation For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ EXPENDITURES Health, welfare and sanitation Total expenditures Deficiency of revenues over expenditures Fund balance at beginning of year Fund balance at end of year ACTUAL $ 101 $ 4,918 4,918 118,974 118,974 21,090 21,090 97,884 97,884 (118,974) (16,172) 102,802 118,974 $ 4,918 4,918 VARIANCE 105,405 $ 89,233 (13,569) $ 89,233 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Child Support Enhancement For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ $ 63,121 VARIANCE $ 35,800 EXPENDITURES Health, welfare and sanitation Capital outlay Total expenditures Deficiency of revenues over expenditures 35,800 21,873 84,994 195,642 75,000 270,642 88,860 14,896 103,756 (234,842) Fund balance at beginning of year Fund balance at end of year ACTUAL $ 102 106,782 60,104 166,886 (18,762) 234,842 216,080 280,813 $ 262,051 63,121 (35,800) 21,873 49,194 45,971 $ 262,051 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Children’s Issues Education For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Public Safety Total expenditures 20,000 ACTUAL $ 103 (20,000) 955 (19,045) 20,000 20,000 20,000 5 5 19,995 19,995 950 950 15,715 15,715 Fund balance at beginning of year $ $ 955 955 Excess of revenues over expenditures Fund balance at end of year VARIANCE $ 16,665 $ 16,665 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Clerk of Court Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ 2,781,657 ACTUAL $ 2,781,657 EXPENDITURES Public safety Capital outlay Total expenditures 2,781,657 2,781,657 Fund balance at beginning of year $ 104 $ 1,966,909 19,599 1,986,508 Deficiency of revenues over expenditures Fund balance at end of year 1,906,553 11,236 1,917,789 VARIANCE $ (875,104) 11,236 (863,868) 814,748 (19,599) 795,149 (68,719) (68,719) `68,719 68,719 $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Conciliation Court Special For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ 1,603,675 ACTUAL $ 1,603,675 EXPENDITURES Public safety Capital outlay Total expenditures 1,553,675 50,000 1,603,675 Fund balance at beginning of year $ 105 $ 1,460,209 Excess of revenues over expenditures Fund balance at end of year 1,517,287 28,562 1,545,849 VARIANCE $ (86,388) 28,562 (57,826) 1,460,209 93,466 50,000 143,466 85,640 85,640 309,026 309,026 394,666 $ 394,666 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Correctional Health Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Health, welfare and sanitation Total expenditures 89,708 ACTUAL $ 89,708 81,112 242 81,354 89,708 89,708 81,354 81,354 VARIANCE $ 8,354 8,354 Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 106 $ (8,596) 242 (8,354) $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual County Attorney Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Total revenues $ EXPENDITURES Public safety Total expenditures 4,872,159 4,872,159 ACTUAL $ 4,872,159 4,872,159 5,003,119 5,003,119 VARIANCE $ 5,003,119 5,003,119 (130,960) (130,960) Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 107 $ 130,960 130,960 $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual County Attorney Special For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures 2,500,758 1,555,059 40,000 4,095,817 ACTUAL $ 4,065,817 30,000 4,095,817 Fund balance at beginning of year $ 108 $ 2,937,349 211,727 3,149,076 Excess of revenues over expenditures Fund balance at end of year 1,690,070 1,366,221 327,350 3,383,641 VARIANCE $ (810,688) (188,838) 287,350 (712,176) 1,128,468 (181,727) 946,741 234,565 234,565 2,906,451 2,906,451 3,141,016 $ 3,141,016 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Court Automation For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 109 180,000 550,000 ACTUAL $ VARIANCE 730,000 7,000 733,416 9,384 749,800 833,900 60,000 893,900 684,612 36,524 721,136 149,288 23,476 172,764 (163,900) 28,664 192,564 163,900 101,483 $ 130,147 $ (173,000) 183,416 9,384 19,800 (62,417) $ 130,147 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Document Retrieval For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures Deficiency of revenues over expenditures $ 1,086,000 1,011,953 59,227 1,071,180 1,495,891 125,000 1,620,891 1,074,680 6,734 1,081,414 (534,891) Fund balance at beginning of year Fund balance at end of year 1,086,000 ACTUAL 110 103,125 $ 524,657 786,145 $ 775,911 (74,047) 59,227 (14,820) 421,211 118,266 539,477 (10,234) 638,016 $ VARIANCE 148,129 $ 672,786 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Domestic Relations Education For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Health, welfare and sanitation Total expenditures 125,000 ACTUAL $ 125,000 162,495 14,354 176,849 125,000 125,000 89,119 89,119 35,881 35,881 87,730 87,730 145,586 145,586 Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 111 VARIANCE $ 233,316 $ $ 37,495 14,354 51,849 233,316 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Economic Development For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Total expenditures Excess (deficiency) of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 112 82,500 ACTUAL $ VARIANCE 82,500 74,842 21,446 96,288 281,958 281,958 55,230 55,230 226,728 226,728 (199,458) 41,058 240,516 199,458 243,269 43,811 $ 284,327 $ $ (7,658) 21,446 13,788 284,327 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Emergency Management For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ 693,661 ACTUAL $ 693,661 EXPENDITURES Public safety Capital outlay Total expenditures 674,661 19,000 693,661 424,808 33,617 458,425 VARIANCE $ 458,425 216,236 19,000 235,236 458,425 Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 113 $ (268,853) 33,617 (235,236) $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Expedited Child Support For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ $ 362,544 EXPENDITURES Health, welfare and sanitation Capital outlay Total expenditures Deficiency of revenues over expenditures Fund balance at beginning of year Fund balance at end of year 362,544 ACTUAL $ 114 373,739 25,352 399,091 VARIANCE $ 719,721 58,500 778,221 469,721 250,000 58,500 308,500 (415,677) (70,630) 345,047 426,167 375,110 (51,057) 10,490 469,721 11,195 25,352 36,547 $ 304,480 $ 293,990 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Housing Department For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ 16,427,780 ACTUAL $ 16,427,780 EXPENDITURES Health, welfare and sanitation Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses 9,614,504 6,740,780 16,355,284 16,433,600 72,496 594,529 $ 16,433,600 522,033 72,496 72,496 Fund balance at beginning of year $ 115 (4,050,852) 1,237,235 3,413,966 600,349 (6,819,096) 6,740,780 (78,316) (72,496) (72,496) Excess of revenues over expenditures and other financing uses Fund balance at end of year 12,376,928 1,237,235 3,413,966 17,028,129 VARIANCE $ 594,529 594,529 3,577,486 3,577,486 4,172,015 $ 4,172,015 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Jail Operations For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures 114,051,000 ACTUAL $ 114,051,000 112,883,556 19,445 9,922,007 122,825,008 114,666,410 8,284,263 122,950,673 114,116,169 5,496,338 119,612,507 550,241 2,787,925 3,338,166 3,212,501 12,112,174 (8,899,673) OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) Deficiency of revenues and other sources over expenditures and other uses Fund balance at beginning of year 91,846,427 (101,040,299) (9,193,872) 91,903,893 (103,034,316) (11,130,423) (18,093,545) (7,917,922) 17,809,216 Increase in reserve for inventory Fund balance (deficit) at end of year $ 116 VARIANCE (284,329) $ $ (1,167,444) 19,445 9,922,007 8,774,008 57,466 (1,994,017) (1,936,551) 10,175,623 21,069,426 3,260,210 193,974 193,974 13,345,478 $ 13,629,807 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Justice Court Enhancement For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures $ 444,059 469,311 913,370 Deficiency of revenues over expenditures Fund balance at beginning of year Fund balance at end of year 435,000 10,000 445,000 ACTUAL $ 117 451,644 3,154 454,798 VARIANCE $ 438,286 41,278 479,564 16,644 (6,846) 9,798 5,773 428,033 433,806 (468,370) (24,766) 443,604 468,370 85,959 (382,411) $ 61,193 $ 61,193 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Justice Court Judicial Enhancement For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 118 ACTUAL $ 460,000 6,000 466,000 53,234 537,332 484,098 (460,000) 47,234 71,332 306,255 387,926 694,181 302,864 204,438 507,302 3,391 183,488 186,879 (228,181) 30,030 258,211 394,958 579,100 184,142 166,777 $ 484,098 VARIANCE 609,130 $ $ 442,353 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Juvenile Probation For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Total expenditures Excess (deficiency) of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 119 860,000 ACTUAL 860,000 1,050,908 46,571 1,097,479 1,263,531 1,263,531 906,843 906,843 356,688 356,688 (403,531) 190,636 594,167 798,000 578,141 (219,859) 394,469 $ VARIANCE $ 768,777 $ $ 190,908 46,571 237,479 374,308 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Juvenile Restitution For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ EXPENDITURES Public safety Total expenditures 50,000 50,000 ACTUAL $ $ 50,000 50,000 Fund balance at beginning of year $ 120 (47,624) (47,624) 50,000 50,000 Excess of revenues over expenditures Fund balance at end of year 2,376 2,376 VARIANCE $ 2,376 2,376 2,573 2,573 4,949 $ 4,949 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Law Library For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Public safety Total expenditures 800,000 ACTUAL $ 800,000 827,213 5,007 84,519 916,739 800,000 800,000 1,071,748 1,071,748 Deficiency of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 121 $ VARIANCE $ 27,213 5,007 84,519 116,739 (271,748) (271,748) (155,009) (155,009) 497,760 497,760 342,751 $ 342,751 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Old Courthouse For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ EXPENDITURES General government Total expenditures 10,000 10,000 ACTUAL $ $ 10,000 10,000 Fund balance at beginning of year $ 122 (9,654) (9,654) 10,000 10,000 Excess of revenues over expenditures Fund balance at end of year 346 346 VARIANCE $ 346 346 5,694 5,694 6,040 $ 6,040 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Palo Verde For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Public safety Total expenditures 260,637 ACTUAL $ 260,637 226,521 8,349 234,870 260,637 260,637 220,600 220,600 40,037 40,037 14,270 14,270 109,790 109,790 Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 123 VARIANCE $ 124,060 $ $ (34,116) 8,349 (25,767) 124,060 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Parks & Recreation Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Total revenues $ EXPENDITURES Culture and recreation Capital outlay Total expenditures 170,645 170,645 ACTUAL $ 42,350 42,350 VARIANCE $ 2,765 39,585 42,350 170,645 170,645 (2,765) 131,060 128,295 Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 124 $ (128,295) (128,295) $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Parks Enhancement For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Culture and recreation Capital outlay Total expenditures 1,051,876 625,000 1,676,876 ACTUAL $ 1,624,743 210,000 1,834,743 Excess (deficiency) of revenues over expenditures Fund balance at end of year $ 125 176,088 240,465 416,553 182,343 28,679 211,022 469,708 627,575 14,426 14,426 14,426 14,426 (157,867) 484,134 642,001 519,686 773,216 253,530 OTHER FINANCING SOURCES Operating transfers in Total other financing sources Fund balance at beginning of year $ 1,442,400 181,321 1,623,721 (157,867) Excess (deficiency) of revenues and other sources over expenditures 1,227,964 865,465 2,093,429 VARIANCE 361,819 $ 1,257,350 $ 895,531 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Parks Souvenir For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ EXPENDITURES Culture and recreation Total expenditures 30,000 30,000 ACTUAL $ 30,000 30,000 Excess of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses Excess of revenues over expenditures and other uses Fund balance at beginning of year Fund balance at end of year 25,000 $ 126 25,000 $ 53,621 53,621 VARIANCE $ 23,621 23,621 33,089 33,089 (3,089) (3,089) 20,532 20,532 (14,426) (14,426) (14,426) (14,426) 6,106 6,106 18,801 (6,199) 24,907 $ (93) Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Parks Spurs Cross Ranch For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Culture and recreation Capital outlay Total expenditures Excess of revenues over expenditures 325,000 ACTUAL $ VARIANCE 325,000 95,000 100 8,217 103,317 $ (230,000) 100 8,217 (221,683) 100,000 75,500 175,500 42,843 39,971 82,814 57,157 35,529 92,686 149,500 20,503 (128,997) Fund balance at beginning of year Fund balance at end of year $ 127 149,500 $ 20,503 $ (128,997) Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Parks Lake Pleasant For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Culture and recreation Capital outlay Total expenditures $ 1,947,067 142,875 2,089,942 Excess (deficiency) of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses Excess (deficiency) of revenues over expenditures and other uses 128 $ (438,485) (225,591) 306,081 (357,995) 206,093 (81,001) 125,092 188,906 (43,997) (232,903) (183,777) (183,777) (147,306) (147,306) 36,471 36,471 (191,303) (196,432) 1,460,414 $ 104,390 1,163,730 652,733 1,920,853 VARIANCE 1,740,974 223,876 1,964,850 5,129 Fund balance at beginning of year Fund balance at end of year 542,875 1,389,321 346,652 2,278,848 ACTUAL 1,465,543 7,483,884 $ 7,292,581 6,023,470 $ 5,827,038 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Planning Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Licenses and permits Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures Excess of revenues over expenditures 175,000 ACTUAL $ 175,000 222,975 10,957 233,932 131,460 22,743 154,203 113,203 23,341 136,544 18,257 (598) 17,659 20,797 97,388 76,591 176,638 176,638 Fund balance at beginning of year Fund balance at end of year $ 129 VARIANCE 20,797 $ 274,026 $ $ 47,975 10,957 58,932 253,229 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Planning and Development For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Licenses and permits Charges for services Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Operating transfers out Total other financing uses $ Fund balance at beginning of year $ 130 6,378,758 2,719,229 3,600 352,464 9,454,051 6,187,524 319,810 6,507,334 6,385,793 282,281 6,668,074 788,166 2,785,977 (516,907) (516,907) Excess of revenues over expenditures and other uses Fund balance at end of year 5,052,000 2,221,300 3,000 19,200 7,295,500 ACTUAL $ 2,735,771 2,250,968 2,190,347 $ 4,926,118 1,326,758 497,929 600 333,264 2,158,551 (198,269) 37,529 (160,740) 1,997,811 (50,206) (50,206) 271,259 2,522,227 VARIANCE 466,701 466,701 2,464,512 (60,621) $ 2,403,891 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Probate Programs For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ 540,325 ACTUAL $ 540,325 EXPENDITURES Public safety Capital outlay Total expenditures 525,325 15,000 540,325 Fund balance at beginning of year $ 131 $ 276,208 Excess of revenues over expenditures Fund balance at end of year 364,431 1,725 366,156 VARIANCE $ (175,894) 1,725 (174,169) 276,208 249,117 15,000 264,117 89,948 89,948 6,325 6,325 96,273 $ 96,273 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Public Defender Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ 1,227,386 ACTUAL $ 1,227,386 EXPENDITURES Public safety Capital outlay Total expenditures 1,221,406 5,980 1,227,386 Fund balance at beginning of year $ 132 $ 994,559 Deficiency of revenues over expenditures Fund balance at end of year 939,308 2,986 942,294 VARIANCE $ (288,078) 2,986 (285,092) 994,559 226,847 5,980 232,827 (52,265) (52,265) 52,265 52,265 $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Public Defender Training For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Public safety Total expenditures 465,074 ACTUAL $ 465,074 361,322 8,628 369,950 465,074 465,074 360,023 360,023 105,051 105,051 9,927 9,927 43,808 43,808 Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 133 VARIANCE $ 53,735 $ $ (103,752) 8,628 (95,124) 53,735 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Public Health Pharmacy For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Health, welfare and sanitation Capital outlay Total expenditures Deficiency of revenues over expenditures OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) Deficiency of revenues and other sources over expenditures and other uses Fund balance at beginning of year 2,551,799 500 2,552,299 ACTUAL $ 134 (281,903) 207,934 (73,969) 2,649,484 136,205 2,785,689 2,649,484 136,205 (233,390) (171,154) 62,236 65,000 (141,821) (76,821) 20,885 (75,961) (55,076) (44,115) 65,860 21,745 (310,211) (226,230) 83,981 267,024 $ $ 2,785,689 Increase in reserve for inventory Fund balance (deficit) at end of year 2,269,896 208,434 2,478,330 VARIANCE (43,187) $ 1,689,371 1,422,347 65,929 65,929 1,529,070 $ 1,572,257 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Recorder’s Surcharge For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES General government Capital outlay Total expenditures $ 4,594,895 691,000 5,285,895 Excess (deficiency) of revenues over expenditures 1,650,000 $ 135 3,920,184 173,808 4,093,992 VARIANCE $ 2,736,734 1,133,808 3,870,542 (1,650,000) Fund balance at beginning of year Fund balance at end of year 3,532,800 103,095 3,635,895 ACTUAL $ 387,384 70,713 458,097 1,858,161 (442,808) 1,415,353 223,450 1,873,450 1,955,031 305,031 2,178,481 $ 2,178,481 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Research and Reporting For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ EXPENDITURES General government Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources (uses) 530,800 530,800 ACTUAL $ 436,240 436,240 120,567 108,236 (12,331) 185,708 (1,273) 184,435 240,720 $ 136 13,676 13,676 (31,007) 5,000 (26,007) Fund deficit at beginning of year Fund balance at end of year $ 405,233 5,000 410,233 185,708 (65,555) 120,153 Excess of revenues and other sources over expenditures and other uses 544,476 544,476 VARIANCE 240,720 $ 64,282 64,282 292,671 51,951 (140,051) (140,051) 152,620 $ (88,100) Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual RICO For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Fines and forfeits Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures 100,000 1,200,000 1,300,000 ACTUAL $ 783,384 VARIANCE $ 783,384 700,000 600,000 1,300,000 596,710 186,674 783,384 103,290 413,326 516,616 Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 137 $ 683,384 (1,200,000) (516,616) $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Sheriff Aviation For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ 242,979 242,979 ACTUAL $ 272 272 VARIANCE $ (242,707) (242,707) EXPENDITURES Public safety Capital outlay Total expenditures Excess of revenues over expenditures 242,979 Fund balance (deficit) at beginning of year Fund balance at end of year 272 (242,979) $ 138 (242,707) 5,937 $ 6,209 248,916 $ 6,209 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Sheriff Donations For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ EXPENDITURES Public safety Total expenditures 100,000 100,000 ACTUAL $ $ 100,000 100,000 Fund balance at beginning of year $ 139 (93,357) (93,357) 100,000 100,000 Excess of revenues over expenditures Fund balance at end of year 6,643 6,643 VARIANCE $ 6,643 6,643 3,877 3,877 10,520 $ 10,520 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Sheriff Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures 15,517,627 ACTUAL $ 15,517,627 8,601,603 472,610 9,074,213 8,765,996 6,751,631 15,517,627 4,149,501 362,336 4,511,837 4,616,495 6,389,295 11,005,790 4,562,376 4,562,376 6,700,738 6,700,738 Excess of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 140 VARIANCE $ 11,263,114 $ $ (6,916,024) 472,610 (6,443,414) 11,263,114 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Sheriff Inmate Health Services For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Total expenditures Excess (deficiency) of revenues over expenditures $ 327,772 385,979 385,979 7,197 7,197 378,782 378,782 50,025 108,232 58,228 $ 141 VARIANCE 55,904 1,318 57,222 (58,207) Fund balance at beginning of year Fund balance at end of year 327,772 ACTUAL 21 $ 849 $ 50,874 (271,868) 1,318 (270,550) (57,379) $ 50,853 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Sheriff Special Funding For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures $ 6,818,133 6,818,133 Excess (deficiency) of revenues over expenditures (385,955) Fund balance at beginning of year Fund balance at end of year 6,432,178 6,432,178 ACTUAL 385,955 $ 142 5,956,707 5,956,707 VARIANCE $ 4,447,195 236,657 4,683,852 2,370,938 (236,657) 2,134,281 1,272,855 1,658,810 16,394 $ (475,471) (475,471) 1,289,249 (369,561) $ 1,289,249 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Superior Court Grants For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures 2,463,867 ACTUAL $ 2,463,867 2,077,948 22,229 2,100,177 2,403,867 60,000 2,463,867 2,134,686 33,413 2,168,099 Deficiency of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 143 $ VARIANCE $ (385,919) 22,229 (363,690) 269,181 26,587 295,768 (67,922) (67,922) 67,922 67,922 $ Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Superior Court Judicial Enhancement For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance at beginning of year Fund balance at end of year $ 144 890,000 600,000 ACTUAL 1,490,000 501,007 895,368 74,295 1,470,670 1,340,000 860,000 2,200,000 1,150,526 68,822 1,219,348 189,474 791,178 980,652 (710,000) 251,322 961,322 720,341 837,010 116,669 10,341 $ VARIANCE $ 1,088,332 $ $ (388,993) 295,368 74,295 (19,330) 1,077,991 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Superior Court Special For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Public safety Capital outlay Total expenditures 1,102,583 930,000 292,421 2,325,004 ACTUAL $ 2,250,004 75,000 2,325,004 Fund balance at beginning of year $ 145 $ 1,499,878 Excess of revenues over expenditures Fund balance at end of year 847,873 674,193 54,564 1,576,630 VARIANCE $ (254,710) (255,807) (237,857) (748,374) 1,499,878 750,126 75,000 825,126 76,752 76,752 473,920 473,920 550,672 $ 550,672 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Victim Location For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous Total revenues $ EXPENDITURES Public safety Total expenditures $ 33,842 33,842 VARIANCE $ 53,263 53,263 Excess (deficiency) of revenues over expenditures Fund balance at beginning of year Fund balance at end of year 30,000 30,000 ACTUAL $ 146 3,842 3,842 53,263 53,263 (23,263) 33,842 57,105 23,263 49,092 25,829 $ 82,934 $ 82,934 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Waste Tire Program For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Charges for services Miscellaneous Total revenues $ EXPENDITURES Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures $ 2,940,000 3,491,083 127,024 130,331 3,748,438 3,654,628 145,000 3,799,628 2,846,837 148,059 2,994,896 (859,628) Fund balance at beginning of year Fund balance at end of year 2,900,000 40,000 ACTUAL 936,102 $ ` 147 76,474 $ VARIANCE $ 591,083 87,024 130,331 808,438 807,791 (3,059) 804,732 753,542 1,613,170 1,859,556 923,454 2,613,098 $ 2,536,624 148 Financial Section Debt Service Funds Debt Service Funds are used to account for the accumulation of resources for and payment of general obligation, county improvement, special assessment, and stadium district bond principal and interest. Listed below are the Debt Service Funds associated with Maricopa County and a short description of each fund: General Obligation - To account 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. County Improvement - To account for the debt service on the Lease Revenue Bonds, Series 2001, for $124,855,000. Funding is provided by transfers from the General Fund. 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. Funding is provided by transfers from the Stadium District Special Revenue Fund. Maricopa County Combining Balance Sheet All Debt Service Funds As Of June 30, 2001 GENERAL COUNTY SPECIAL STADIUM TOTALS OBLIGATION IMPROVEMENT ASSESSMENT DISTRICT JUNE 30, 2001 ASSETS Cash and investments held by County Treasurer $ 23,465,838 $ 109,223,402 Cash and investments held by trustee $ 181,475 $ 12,946,228 1,403,051 $ 1,668,032 134,273,766 14,614,260 Receivables: Taxes 656,521 656,521 Accrued interest 1,214,132 1,214,132 Special assessments 625,484 Due from other funds Total assets 625,484 1,124 $ 24,123,483 1,124 $ 123,383,762 $ 806,959 $ $ $ 623,986 $ 3,071,083 $ 151,385,287 $ 1,081,631 LIABILITIES AND FUND BALANCES Liabilities: Deferred revenue $ Interest payable 457,645 2,275,838 General obligation bonds payable 21,658 1,286,083 3,583,579 21,390,000 21,390,000 Stadium District revenue bonds payable 830,000 830,000 955,000 955,000 3,071,083 27,864,081 Stadium District debt with governmental commitment Special assessment debt with governmental commitment 23,871 Total liabilities 24,123,483 23,871 669,515 Fund balances: Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances 137,444 123,383,762 123,383,762 $ 24,123,483 151 $ 123,383,762 137,444 123,383,762 123,521,206 137,444 $ 806,959 $ 3,071,083 $ 151,385,287 Maricopa County Combining Statement of Revenues, Expenditures And Changes In Fund Balances All Debt Service Funds For the Fiscal Year Ended June 30, 2001 GENERAL OBLIGATION COUNTY IMPROVEMENT SPECIAL ASSESSMENT $ $ STADIUM DISTRICT TOTALS JUNE 30, 2001 REVENUES Taxes $ 24,148,892 $ 4,838 $ 24,148,892 125,432 4,927,847 125,432 4,838 29,202,171 21,390,000 4,551,675 93,828 47,047 2,607,216 3,078,606 24,091,044 7,677,328 25,941,675 140,875 5,685,822 31,768,372 (15,443) (5,680,984) (2,566,201) 125,432 Charges for services Miscellaneous Total revenues 578,326 4,344,683 24,727,218 4,344,683 EXPENDITURES Debt service: Principal retirement Interest charges Total expenditures Excess (deficiency) of revenues (1,214,457) over expenditures 4,344,683 OTHER FINANCING SOURCES Operating transfers in Total other financing sources 1,214,457 119,039,079 5,680,984 125,934,520 1,214,457 119,039,079 5,680,984 125,934,520 Excess (deficiency) of revenues and 123,383,762 other sources over expenditures Fund balances at beginning of year Fund balances at end of year $ $ 123,383,762 152 $ (15,443) 123,368,319 152,887 152,887 137,444 $ $ 123,521,206 Maricopa County Statement of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual General Obligation Fund For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Taxes Miscellaneous $ Total revenues EXPENDITURES Debt service: Principal retirement Interest charges Total expenditures Deficiency of revenues over expenditures 24,591,560 400,000 ACTUAL $ 24,148,892 578,326 24,991,560 24,727,218 21,390,000 4,551,675 21,390,000 4,551,675 25,941,675 25,941,675 (950,115) VARIANCE $ (442,668) 178,326 (264,342) (1,214,457) (264,342) 2,068,604 1,214,457 (854,147) Total other financing sources 2,068,604 1,214,457 (854,147) Excess of revenues and other sources over expenditures 1,118,489 OTHER FINANCING SOURCES Operating transfers in Fund deficit at beginning of year Fund balance at end of year (1,118,489) (946,629) $ 153 171,860 946,629 $ $ (171,860) Maricopa County Statement of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual County Improvement For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous $ Total revenues 3,353,591 ACTUAL $ 3,353,591 EXPENDITURES Debt service: Principal retirement Total expenditures Excess (deficiency) of revenues over expenditures Total other financing sources Excess of revenues and other sources over expenditures $ 4,344,683 991,092 991,092 38,363,866 38,363,866 38,363,866 38,363,866 (35,010,275) OTHER FINANCING SOURCES Operating transfers in 4,344,683 VARIANCE 4,344,683 39,354,958 130,112,328 119,039,079 (11,073,249) 130,112,328 119,039,079 (11,073,249) 95,102,053 123,383,762 28,281,709 Fund balance at beginning of year Fund balance at end of year $ 154 95,102,053 $ 123,383,762 $ 28,281,709 Maricopa County Statement of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Stadium District For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous $ ACTUAL $ Total revenues 4,838 VARIANCE $ 4,838 EXPENDITURES Debt service: Principal retirement Interest charges Total expenditures Deficiency of revenues over expenditures OTHER FINANCING SOURCES Operating transfers in Total other financing sources 4,838 2,607,216 3,078,606 2,607,216 3,078,606 5,685,822 5,685,822 (5,685,822) (5,680,984) 4,838 5,685,822 5,680,984 (4,838) 5,685,822 5,680,984 (4,838) Excess of revenues and other sources over expenditures Fund balance at beginning of year Fund balance at end of year $ 155 4,838 $ $ 156 Financial Section Capital Projects Funds Capital Projects Funds are established to account for the proceeds of bond issues and other resources for the acquisition, construction or reconstruction of major capital facilities. Listed below are the Capital Projects Funds associated with Maricopa County and a short description of each fund: Bond Funds - Bond Funds account for capital projects financed by the issuance of special assessment bonds. 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. 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. 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 of November 3, 1998. The proceeds are for the construction and operation of adult and juvenile detention facilities. County Improvement Fund – The County Improvement Fund accounts for capital projects funded through the issuance of the Lease Revenue Bonds, Series 2001, for $124,855,000. 159 Maricopa County Combining Balance Sheet All Capital Projects Funds As Of June 30, 2001 BANK ONE MAJOR BALLPARK JAIL BOND LEAGUE PROJECT CONSTRUCTION FUNDS STADIUM RESERVE FUND ASSETS Cash in bank and on hand $ $ $ $ Cash and investments held by 307,416 County Treasurer 3,506 Interest receivable 33,101 10,425,104 30,293 27,970 31,449 98 Cash and investments held by trustee Due from other governments $ 310,922 $ 215,137 246,684 $ $ 1,439 $ 246,447 $ Miscellaneous Total assets 10,516,468 160,430,509 $ 160,430,509 $ 6,995,052 14,929 LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable Employee compensation Accrued liabilities Total liabilities 450 1,889 246,447 309,033 237 7,009,981 Fund balances: Unreserved Total liabilities and fund balances $ 310,922 $ 160 246,684 10,516,468 $ 10,516,468 153,420,528 $ 160,430,509 COUNTY IMPROVEMENT TOTALS FUND JUNE 30, 2001 $ $ 1,017,162 81,844,649 $ 82,861,811 $ $ 4,443,403 $ $ 161,788,188 92,301,202 33,897 27,970 215,137 254,366,394 976 4,444,379 11,686,341 14,929 1,426 11,702,696 78,417,432 242,663,698 82,861,811 $ 254,366,394 161 Maricopa County Combining Statement Of Revenues, Expenditures And Changes In Fund Balances All Capital Projects Funds For the Fiscal Year Ended June 30, 2001 BOND FUNDS REVENUES Intergovernmental Charges for services Miscellaneous $ Total revenues $ $ 499,688 37,873 1,427,325 777,947 1,427,325 2,500 51,169,485 1,427,325 2,500 51,169,485 37,873 OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Proceeds of lease revenue bonds Total other financing sources 37,873 271,160 Fund balances at beginning of year Fund balances at end of year $ $ 1,427,325 Total expenditures Excess of revenues and other sources over expenditures and other uses 278,259 JAIL CONSTRUCTION FUND 1,526 36,347 EXPENDITURES Capital outlay Excess (deficiency) of revenues over expenditures BANK ONE BALLPARK PROJECT RESERVE MAJOR LEAGUE STADIUM 309,033 237 $ 162 237 $ 775,447 (51,169,485) 449,991 103,034,316 (381,171) 449,991 102,653,145 1,225,438 51,483,660 9,291,030 101,936,868 10,516,468 $ 153,420,528 COUNTY IMPROVEMENT FUND $ TOTALS JUNE 30, 2001 $ 278,259 1,526 1,963,360 2,243,145 $ 39,616,608 92,215,918 39,616,608 92,215,918 (39,616,608) (89,972,773) (38,359,754) 111,095,706 103,484,307 (38,740,925) 111,095,706 72,735,952 175,839,088 33,119,344 85,866,315 45,298,088 156,797,383 78,417,432 $ 242,663,698 163 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Major League Stadium For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous $ Total revenues EXPENDITURES Capital outlay Total expenditures Excess of revenues over expenditures 2,502,000 ACTUAL $ 1,427,325 $ 1,427,325 (1,074,675) 2,500,000 1,427,325 1,072,675 2,500,000 1,427,325 1,072,675 2,000 (2,000) 237 $ 164 (1,074,675) 2,502,000 Fund balance at beginning of year Fund balance at end of year VARIANCE 2,000 $ 237 237 $ (1,763) Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Bank One Ballpark Project Reserve For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Intergovernmental Miscellaneous $ Total revenues EXPENDITURES Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING SOURCES Operating transfers in Total other financing sources Excess of revenues and other sources over expenditures Fund balance at beginning of year Fund balance at end of year $ 165 ACTUAL $ VARIANCE 415,333 278,259 499,688 415,333 777,947 362,614 3,500 2,500 1,000 3,500 2,500 1,000 411,833 775,447 363,614 600,000 449,991 (150,009) 600,000 449,991 (150,009) 1,011,833 1,225,438 213,605 9,382,000 9,291,030 (90,970) 10,393,833 $ 10,516,468 $ $ 278,259 84,355 122,635 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual Jail Construction Fund For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous $ ACTUAL $ VARIANCE $ Total revenues EXPENDITURES Capital outlay 69,618,279 51,169,485 18,448,794 Total expenditures 69,618,279 51,169,485 18,448,794 Deficiency of revenues over expenditures (69,618,279) (51,169,485) 18,448,794 103,034,318 103,034,316 (381,171) (2) (381,171) 103,034,318 102,653,145 (381,173) 33,416,039 51,483,660 18,067,621 92,216,119 101,936,868 9,720,749 OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers out Total other financing sources Excess of revenues and other sources over expenditures and other uses Fund balance at beginning of year Fund balance at end of year $ 166 125,632,158 $ 153,420,528 $ 27,788,370 Maricopa County Statement Of Revenues, Expenditures And Changes In Fund Balances - Budget And Actual County Improvement Fund For the Fiscal Year Ended June 30, 2001 BUDGET REVENUES Miscellaneous $ Total revenues 8,297,254 ACTUAL $ VARIANCE $ 8,297,254 EXPENDITURES Capital outlay (8,297,254) (8,297,254) 60,230,371 39,616,608 20,613,763 Total expenditures 60,230,371 39,616,608 20,613,763 Deficiency of revenues over expenditures (51,933,117) (39,616,608) 12,316,509 (46,454,691) 238,970,000 (38,359,754) 111,095,706 8,094,937 (127,874,294) Total other financing sources 192,515,309 72,735,952 (119,779,357) Excess of revenues and other sources over expenditures and other uses 140,582,192 33,119,344 (107,462,848) 46,454,691 45,298,088 (1,156,603) OTHER FINANCING SOURCES (USES) Operating transfers out Proceeds from sale of bonds Fund balance at beginning of year Fund balance at end of year $ 167 187,036,883 $ 78,417,432 $ (108,619,451) Maricopa County Schedule of Capital Projects – Budget And Actual All Capital Improvement Projects For the Fiscal Year Ended June 30, 2001 BUDGET ACTUAL VARIANCE GENERAL GOVERNMENT Spurs Cross Ranch Medical Examiner Facility Regional Land Acquisitions Clerk of the Court Service Center Justice Courts Co-Location Projects Tempe Justice Courts Co-Location Projects Northwest Justice Courts Co-Location Projects Northeast Relocation of Scottsdale Justice Court Public Health Facility Mesa Justice Court Facility New Administration Building New Administration Parking Facilities Management Bldg 401 W Jefferson Early Felony Processing Court Room Space in Jail Security Building Purchase CIP Program Reserve Total General Government $ $ 7,500,000 1,789,665 350,000 15,658,440 1,050,000 20,000 20,000 2,340,000 7,000,000 900,000 7,851,000 3,271,501 2,375,000 250,000 8,930,000 924,765 60,230,371 $ $ 7,397,937 1,359,319 254,124 12,389,653 46,226 0 0 1,701,041 27,100 132,687 2,336,240 2,095,011 2,134,980 0 8,856,189 0 38,730,507 $ 1,293,049 88,127 0 180,206 8,616,442 8,771,286 18,079,418 1,763,624 12,756,505 51,548,657 $ 349,468 5,437 8,115,878 29,801 564,704 275,044 991,984 465 10,673 3,822,270 37 270,618 7,349,117 $ $ 102,063 430,346 95,876 3,268,787 1,003,774 20,000 20,000 638,959 6,972,900 767,313 5,514,760 1,176,490 240,020 250,000 73,811 924,765 21,499,864 CRIMINAL JUSTICE FACILITIES CJFD Project Management and Support Activities Downtown Multi Facility/Sheriff Training 50% Real Property Parcel at Durango Jail Site Facility Replacement Adult and Juvenile Det Facilities 4th Ave Jail Adult and Juvenile Det Facilities Jackson St Garage Adult and Juvenile Det Facilities Lower Buckeye Jail Adult and Juvenile Det Facilities Estrella Support Bldg Adult and Juvenile Det Facilities Juvenile Detention & Crts Total Criminal Justice Facilities $ $ 1,115,838 4,500,000 200,000 2,000,000 14,000,000 10,802,441 17,000,000 2,000,000 18,000,000 69,618,279 $ $ $ (177,211) 4,411,873 200,000 1,819,794 5,383,558 2,031,155 (1,079,418) 236,376 5,243,495 18,069,622 PUBLIC SAFETY Flood Control District Building Flood Warning System City of Scottsdale Central Chandler Area Drainage System Town of Guadalupe Carefree Dam Safety Project, also 16 Candidate Assessment Project Sossaman Channel South Phoenix Drainage Improvement PVSP East Maricopa Floodway Rio Salado $ 168 259,000 0 7,260,000 830,000 3,975,000 0 898,000 206,000 155,000 3,813,000 0 2,277,000 8,054,000 $ (90,468) (5,437) (855,878) 800,199 3,410,296 (275,044) (93,984) 205,535 144,327 (9,270) (37) 2,006,382 704,883 Maricopa County Schedule of Capital Projects – Budget And Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2001 BUDGET Wickenburg Wash “Q” Agilia Skunk Creek Channel New River Diversion Master Plan Skunk Creek/New River Spook Hill ADMP East Mesa ADMP Glendale/Peoria ADMP North Peoria ADMP East Fork Cave Creek White Tanks ADMP Queen Creek ADMP Gilbert/Chandler ADMP Higley ADMP Adobe Dam ADMP Durango ADMP Arizona Canal Div Channel ADMP Maryvale ADMP Foothills ADMP Fountain Hills ADMP Project Contingency Total Public Safety $ 35,000 0 360,000 6,802 0 1,064,000 5,233,000 5,962,000 1,077,000 2,350,000 2,623,000 1,527,000 7,260,000 210,000 315,000 770,000 3,998,000 1,440,000 4,606,000 1,042,000 324,000 67,929,802 ACTUAL $ 31,851 234,152 0 0 4,983 730,032 2,774,050 5,719,991 788,985 1,252,319 5,855,769 130,260 7,570,213 18,876 0 465,067 42,494 4,012,981 4,360,408 1,050,412 0 56,828,339 VARIANCE $ 3,149 (234,152) 360,000 6,802 (4,983) 333,968 2,458,950 242,009 288,015 1,097,681 (3,232,769) 1,396,740 (310,213) 191,124 315,000 304,933 3,955,506 (2,572,981) 245,592 (8,412) 324,000 11,101,463 HIGHWAYS AND STREETS Bridge Scour Evaluation Alma School North Bridge Grade Control Bell Road US60 Morristown Rail Rd Overpass to Beardsley Rd Sun City/Sun City West DCB Center St (Wittman): Grand to Hovey Recker Road: Chandler Heights to ¾ mile North Jomax Rd: 155th Ave to 147th Ave Main St (Gila Bend): Washington Street to I-8 Queen Creek Rd: Power Rd to Hawes Rd Val Vista Dr-Riggs to ½ mile South 27th Ave Twin Peaks to New River Castle Hot Springs Rd West PCM 10 Roads Program Camelback Rd (Litchfield/El Mirage) Riggs Rd: I-10 to Price Road MCDOT Durango Facilities: Bldg. Modifications IGA Gates Rd Previous Year’s Projects: Backcharges Meridian Rd: Southern to University MC 85 at Avondale Wash Utility Locating Annual On-Call Contract 116th Ave. Bridge @ Gila River $ 169 50,000 10,000 175,000 375,000 115,000 10,000 50,000 25,000 230,000 20,000 149,000 28,000 140,000 2,570,000 2,842,000 239,000 400,000 292,000 130,000 155,000 40,000 100,000 25,000 $ (2,964) (2,290) 158,390 369,683 54,700 9,022 43,845 21,352 78,350 4,884 6,800 29,052 139,534 1,154,702 2,529,397 211,263 436,183 237,966 (64,861) 104,391 30,937 1,691 8,411 $ 52,964 12,290 16,610 5,317 60,300 978 6,155 3,648 151,650 15,116 142,200 (1,052) 466 1,415,298 312,603 27,737 (36,183) 54,034 194,861 50,609 9,063 98,309 16,589 Maricopa County Schedule of Capital Projects – Budget And Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2001 BUDGET Cave Creek Rd: (Lone Mtn. Rd to Carefree Hwy) Estrella Interim LP (II) Reems-Lake Pl Rd CDBGP Cities/Town Street Pilot MC Highway 85: Intersection @ Estrella Parkway Guadalupe Rd: Power to Hawes Unallocated Costs (Force Account) Eng Design Concept Reports Contract Archeological Annual On-Call Contract Geotechnical Annual On-Call Contract Surveying Annual On-Call Contract Gen Civil Eng Annual On-Call Contract Real Estate Appraisal Services: Annual Contracts McDowell Rd: Pima Freeway to Alma School Ellsworth Rd: University to McKellips Envir Assessment Consultant Contract Haz Materials On-Call Contracts Biological Assessment Consultant Contracts Indian Springs Rd 51st Ave: GRIC Boundary to Baseline Baseline Rd: 51st Ave to 27th Ave Northern Ave: Loop 101 to 71st Ave Peoria Ave Bridge @ New River Shea Blvd: 144th Street to Palisades Blvd Shea Blvd: Beeline Hwy to 300 Meters West Southern @ 27th Ave Ellsworth: Germann to Baseline Recker Rd: Adobe to Evergreen Right-of-Way: Alma School South Bridge @ Salt River Phases I & II: 107th Ave High Volume Rd Projects MC 85 Bridge – Agua Fria River Old US80 @ Hassayampa-Scour Carefree Hwy at Cave Creek Wash Indian School Rd. @ Agua Fria River Tuthill Rd @ Gila River/Scour Rittenhouse Rd @ Queen Creek Wash/Sc Delineation On – Call Consultant 51st Ave: Broadway to Baseline IGA Guadalupe Rd: Hawes to Meridian Hawes Rd ¼ S. of Queen Creek Rittenhouse Estrella Pkwy: MC 85 to Yuma McQueen Rd: Queen Creek to Pecos Estrella Pkwy-Yuma Rd to McDowell 51st Ave Bridge @ Salt River (Design Construct) Thomas Rd: 99th to 91st Ave Bush Hwy at Salt River (Blue Point) Gilbert Rd-Williams Field Rd. to Ray Rd. Gilbert Rd-McDowell Rd to SR87 91st Avenue-Deer Valley Dr to William Rd 3,642,600 2,501,000 300,000 280,000 50,000 2,395,000 340,000 100,000 100,000 100,000 150,000 100,000 570,000 350,000 75,000 10,000 10,000 51,000 700,000 8,029,000 9,418,000 119,000 1,745,000 414,000 485,000 1,126,000 50,000 55,000 636,000 25,000 35,000 882,000 1,450,000 15,000 5,000 100,000 588,000 200,000 10,000 5,000 80,000 483,000 1,900,000 4,000 10,000 203,000 3,094,000 420,000 170 ACTUAL 3,574,962 1,105,315 300,000 3,208 50,000 27,077 211,497 18,563 6,880 0 188,434 82,350 287,121 75,920 0 0 0 14,853 513,682 7,836,650 7,144,439 123,287 2,002,254 30,155 452,906 444,097 (42,945) 15,730 259,926 12,114 46,702 869,653 1,461,451 9,304 1,075 1,573 476,853 200,000 4,098 50 37,844 416,257 1,824,917 595 (20,031) 14,034 2,283,743 336,149 VARIANCE 67,638 1,395,685 0 276,792 0 2,367,923 128,503 81,437 93,120 100,000 (38,434) 17,650 282,879 274,080 75,000 10,000 10,000 36,147 186,318 192,350 2,273,561 (4,287) (257,254) 383,845 32,094 681,903 92,945 39,270 376,074 12,886 (11,702) 12,347 (11,451) 5,696 3,925 98,427 111,147 0 5,902 4,950 42,156 66,743 75,083 3,405 30,031 188,966 810,257 83,851 Maricopa County Schedule of Capital Projects – Budget And Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2001 BUDGET MC85-Estrella Pkwy to Litchfield Rd MC85-Cotton Lane to Estrella Pkwy 87th Ave Channel-Deer Valley to Williams Queen Creek Rd Bridge at Eastern Canal Ray Rd Channel-Tuthill Rd to Airport Rd Loop 303-McDowell to Thomas Queen Creek Rd, AZ Ave to McQueen DCR Bartlett Lake Rd-CC to Horseshoe Power Road (Guadalupe-Baseline) 83rd Ave from Northern Ave to Olive Ave 115th Ave-MC85 to McDowell DCR 99th Ave-McDowell to Glendale Chandler Heights, Road Bridge over the Eastern Canal Power Road Bridge over Queen Creek Deer Valley Road Bridge-New River Gilbert Rd: Pecos to Williams Field 59st Ave. Truck Rt: Dusty Lane to Sa Williams Field Rd: Gilbert to Lindsay 75th Ave: MC 85 to Van Buren Ocotillo: EOM to Palo Verde Ocotillo Rd: Basha to AZ Ave. ITS Feasibility Study 51st Ave. Santa Cruz to St. John Williams Field @ Higley Southern Ave. @ 99th Ave. El Mirage: Bell to Beardsley El Mirage Road (Bell Rd to Loop 303) Grand Ave Overpass Patton Rd west of Grand Ave. R.O.W. In-Fill Road System Asphalt Rehab Overlay Gila Bend to SR 238 Geodetic Control Network Loop 303 Indian School to Clearview Roeser & Chamber Bridges @ Buckeye Feeder Ditch Chandler Blvd west of Gilbert Rd Property Management on Prior Years Projects Lake Pleasant Rd Williams Rd to SR 74 Loop 303 Intersection Improvements Aerial Ortho Photo services Cost share with Flood Upgrade of four way stops to traffic signals McKellips Bridge @ Salt River Project Reserve Total Highways and Streets $ 171 651,561 278,000 13,000 69,000 96,000 388,000 429,000 240,000 893,000 328,000 303,000 300,000 36,000 355,000 356,000 92,000 40,000 500,000 116,000 100,000 50,000 250,000 113,000 149,000 38,000 455,000 590,000 13,361,000 170,000 3,200,000 2,130,000 1,030,000 315,000 350,000 900,000 50,000 150,000 250,000 290,000 300,000 559,000 29,839 81,894,000 ACTUAL $ 623,874 258,696 1,262 43,799 37,770 163,452 273,004 153,098 833,822 325,410 163,678 11,771 19,187 356,718 386,326 105,918 17,996 11,538 138,154 48,245 28,492 311,699 95,822 128,382 27,748 325,654 316,254 14,317,330 167,017 3,472,468 2,130,000 598,501 268,683 338,069 493,239 0 149,565 212,240 284,000 13,714 562,333 0 66,478,108 VARIANCE $ 27,687 19,304 11,738 25,201 58,230 224,548 155,996 86,902 59,178 2,590 139,322 288,229 16,813 (1,718) (30,326) (13,918) 22,004 488,462 (22,154) 51,755 21,508 (61,699) 17,178 20,618 10,252 129,346 273,746 (956,330) 2,983 (272,468) 0 431,499 46,317 11,931 406,761 50,000 435 37,760 6,000 286,286 (3,333) 29,839 15,415,892 Maricopa County Schedule of Capital Projects – Budget And Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2001 BUDGET ACTUAL VARIANCE MARICOPA INTEGRATED HEALTH SYSTEM Buildouts 1st Floor remodel Maricopa Medical Center First Floor Reconfigure Total Maricopa Integrated Health System $ Total Capital Projects $ $ $ 17,000,000 1,000,000 18,000,000 $ $ 17,000,000 1,000,000 18,000,000 $ 297,672,452 $ $ 84,086,841 172 213,585,611 Financial Section 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. Listed below are the Enterprise Funds associated with Maricopa County. A short description of each fund is provided on the next page. Maricopa Health Plan Medical Center Arizona Long Term Care System (ALTCS) Non-AHCCCS Health Plans Solid Waste Maricopa Health Plan - Maricopa County Health Plan (MCHP) 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 MCHP plan enrollment. Medical Center - The Maricopa Medical Center provides quality, cost competitive health care and health professional education to assure the health security of individuals, families, and the community. Arizona Long Term Care System (ALTCS) - The Arizona Long Term Care System (ALTCS) 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 AHCCCS. 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 ever-increasing focus on reducing the amount of waste generated, maximizing resource recovery, proper management of special wastes, and environmentally sound disposal. 175 Maricopa County Combining Balance Sheet All Enterprise Funds As Of June 30, 2001 MARICOPA HEALTH PLAN ASSETS Current assets: Cash in bank and on hand Cash and investments held by County Treasurer Cash and investments held by trustee Receivables (Net of allowance for uncollectibles): Accounts Accrued interest Due from other governmental units Inventory of supplies Prepaids Miscellaneous Total current assets $ MEDICAL CENTER $ 35,401,762 24,761,230 5,696,526 490,901 49,709,415 2,481,338 5,647,704 4,023,420 41,589,189 Property, plant and equipment: Land Buildings Improvements other than buildings Machinery and equipment Construction in progress Total property, plant and equipment Accumulated depreciation Net property, plant and equipment 86,623,107 302,193 71,070,038 2,372,497 70,870,584 33,304,314 177,919,626 (76,604,398) 101,315,228 4,965,782 4,965,782 (4,944,470) 21,312 Total assets LIABILITIES AND FUND EQUITY Current liabilities: Vouchers payable Employee compensation Accrued liabilities Due to other funds Due to other governmental units Capital leases payable Installment purchase agreement – current portion Certificates of participation – current portion Lease revenue bonds payable – current portion Liability for reported and incurred but not reported claims Total current liabilities $ 41,610,501 $ 187,938,335 $ 76,375 $ 18,310,378 5,636,472 2,816,949 76,228,477 1,544,217 229,159 415,295 769,000 2,513,756 1,447,364 271,368 Long-term liabilities: Installment purchase agreement (net of current portion) Certificates of participation (net of current portion) Lease revenue bonds payable (net of current portion) Total liabilities Fund equity: Contributed capital Retained earnings (deficits): Unreserved Total fund equities 17,787,288 19,582,395 108,463,703 19,582,395 2,607,816 10,777,000 17,986,244 139,834,763 590,079 82,073,127 21,438,027 22,028,106 Total liabilities and fund equity $ 176 41,610,501 (33,969,555) 48,103,572 $ 187,938,335 NON-AHCCCS HEALTH PLANS ALTCS $ $ TOTALS JUNE 30, 2001 SOLID WASTE 90,906,289 1,644,282 $ 1,275 16,447,701 5,278,384 1,605,410 39,764 443,017 53,918 188,034 $ 61,127,342 2,338,263 2,521,102 5,647,704 4,091,914 7,556 244,896,420 68,494 2,209,711 7,556 16,644,566 4,101,548 53,269 1,187,486 63,562 916,232 4,181,211 4,101,548 (2,972,451) 1,129,097 53,269 (50,278) 2,991 6,348,491 (4,844,869) 1,503,622 97,829,847 1,275 144,400,034 24,761,230 1,489,679 71,133,600 3,288,729 84,172,394 33,304,314 193,388,716 (89,416,466) 103,972,250 $ 98,958,944 $ 2,212,702 $ 18,148,188 $ 348,868,670 $ 3,690,026 $ 1,305,356 $ 10,945 10,213 8,653,327 $ 23,393,080 5,646,685 14,549,047 91,260,183 1,830,833 229,159 415,295 825,334 2,513,756 55,947,174 196,610,546 1,614,644 15,031,706 15,248 16,763 56,334 33,218,277 53,569,901 4,941,609 6,263,728 8,730,819 53,569,901 6,263,728 8,953,338 2,607,816 10,999,519 17,986,244 228,204,125 4,814 9,401 10,791,231 93,468,652 222,519 45,384,229 45,389,043 $ 98,958,944 (4,060,427) (4,051,026) $ 2,212,702 (1,596,381) 9,194,850 $ 18,148,188 177 27,195,893 120,664,545 $ 348,868,670 Maricopa County Combining Statement Of Revenues, Expenses And Changes In Fund Equity All Enterprise Funds For the Fiscal Year Ended June 30, 2001 MARICOPA HEALTH PLAN OPERATING REVENUES Net patient service revenue Charges for services Other Total operating revenues $ MEDICAL CENTER $ 78,255,834 78,255,834 OPERATING EXPENSES Personal services Supplies Medical services Other services Insurance Leases and rentals Repairs and maintenance Travel and transportation Utilities Depreciation Miscellaneous Total operating expenses 2,559,521 485,938 71,602,953 177,912 115,955,048 37,788,906 24,772,096 35,887,043 124,238 2,282,354 3,031,056 84,727 Operating income (loss) NON-OPERATING REVENUES (EXPENSES) Grant revenues Interest income Interest expense Net non-operating revenues 43,734 836,489 75,791,274 4,073,118 6,964,494 1,868,783 232,747,136 2,464,560 (20,672,098) 1,996,649 7,454,321 228,277 (6,941,858) 740,740 4,461,209 (19,931,358) 4,461,209 17,566,897 21,537,719 (1,141,681) 464,680 47,638,892 1,996,649 Net income (loss) before operating transfers Operating transfers in Operating transfers out Net income (loss) Fund equities (deficit) at beginning of year, as restated 181,099,075 16,384,800 14,591,163 212,075,038 OTHER CHANGES IN FUND EQUITIES Residual equity transfer Fund equities (deficit) at end of year $ 178 22,028,106 $ 48,103,572 NON-AHCCCS HEALTH PLANS ALTCS $ $ 267,889,549 $ $ 38,677,026 106,425 38,783,451 44,527 20,293 64,820 221,169 48,739 743,860 2,347,882 388,467 37,846,781 76,915 267,053 116,767 113,880 2,797,227 260,472,561 440 514,203 41,558,508 267,889,549 11,213,826 1,233,852 243,247,262 1,122,654 TOTALS JUNE 30, 2001 SOLID WASTE 132,297,446 39,945,902 377,469,092 37,986,660 391,291 3,246,374 3,038,388 439 4,078,808 7,313,562 6,016,702 611,784,664 722,136 18,666 7,332 439 5,690 191,014 1,215,185 7,416,988 (2,775,057) (1,150,365) (14,715,972) 8,225,400 1,001,916 238,582 8,225,400 1,240,498 3,612 1,212,034 (9,164) 1,206,482 8,459,849 11,900,942 (6,951,022) 13,409,769 15,642,388 (1,534,559) 15,642,388 44,778,361 656,500 (29,152) (907,211) (3,143,815) 56,117 (1,306,203) 22,194,219 (1,471,264) 19,416,752 116,279,499 (300,431) (244,314) 9,439,164 (15,031,706) $ 181,099,075 401,251,736 14,717,881 597,068,692 45,389,043 (15,031,706) $ (4,051,026) $ 9,194,850 179 $ 120,664,545 Maricopa County Combining Statement Of Cash Flows All Enterprise Funds For the Fiscal Year Ended June 30, 2001 MARICOPA HEALTH PLAN CASH FLOWS FROM OPERATING ACTIVITIES Operating income (loss) Adjustments to reconcile operating income (loss) to net cash provided by (used for) operating activities: Depreciation $ 2,464,560 MEDICAL CENTER $ 43,734 Changes in assets and liabilities Increase in: Accounts receivable Due from other governmental units Miscellaneous Inventory of supplies Prepaids Vouchers payable Employee compensation Accrued liabilities Due to other funds Due to other governmental units Liability for reported and incurred but not reported claims Decrease in: Accounts receivable Vouchers payable Accrued liabilities Due to other funds Due to other governmental units Net cash provided by (used for) operating activities (20,672,098) 6,964,494 (3,396,231) (23,644,254) (141,119) (2,720,387) (1,662,842) 804,591 878,666 13,869,296 271,368 7,553,764 (283,558) (1,059,829) (1,941,070) (1,744,687) (31,947,905) 7,532,303 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Grants received Cash transferred from the General Fund Cash transferred to the General Fund Operating transfers from other funds Operating transfers to other funds Interest expense Net cash provided by (used for) noncapital financing activities 7,454,321 34,121,505 21,537,719 (1,141,681) (6,941,858) 55,030,006 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition of fixed assets Proceeds from sale of certificates of participation Proceeds from sale of bonds Capital lease payments Installment purchase payments Certificates of participation payments Net cash used for capital and related financing activities (29,810,804) 6,975,000 20,500,000 (379,635) (255,353) (729,000) (3,699,792) CASH FLOWS FROM INVESTING ACTIVITIES Interest income Net cash provided by investing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents, July 1, 2000 Cash and cash equivalents, June 30, 2001 $ SCHEDULE OF NONCASH INVESTING, CAPITAL AND FINANCING ACTIVITIES Restatement of July 1, 2000, retained earnings for change in capitalization policy. Deletion of equipment due to change in capitalization policy Deletion of accumulated depreciation due to change in capitalization policy Residual equity transfer out to the General Fund. Cash will be transferred in fiscal year 2001-02. Increase in due to other funds resulting from cash that will be transferred in fiscal year 2001-02. Computer software acquired through financing. Computer software acquired through financing resulted in an increase to vouchers payable. Operating transfer in from the General Fund. Cash will be transferred in fiscal year 2001-02. Decrease in due to other funds resulting from cash that will be transferred in fiscal year 2001-02. Construction in progress expenses capitalized for services performed. Vouchers payable increased for construction in progress expenses accrued. Acquisition of medical equipment that was financed through an installment purchase agreement. Installment purchase agreement financed the acquisition of medical equipment. 180 $ 1,580,383 1,580,383 228,277 228,277 9,112,686 26,289,076 35,401,762 19,610,586 5,150,644 24,761,230 $ $ (15,031,706) 15,031,706 6,847,121 (6,847,121) 3,278,464 (3,278,464) NON-AHCCCS HEALTH PLANS ALTCS $ 7,416,988 $ 113,880 TOTALS JUNE 30, 2001 SOLID WASTE (2,775,057) $ (1,150,365) 440 $ 191,014 7,313,562 (3,234,195) (39,764) (30,274,680) (180,883) (3,612) (2,720,387) (1,678,484) 810,232 807,926 878,666 13,869,296 286,616 12,982,343 (3,612) (15,642) 451,657 358,173 15,248 2,580,692 402 3,335 2,847,887 112,487 (2,008,703) (212,228) (596,226) (1,037,167) 5,202,319 (186,682) (1,996,393) 1,001,916 112,487 (1,343,387) (5,199,168) (596,226) (1,744,687) (21,396,358) 3,612 8,459,849 34,121,505 (34,121,505) 22,194,219 (1,471,264) (6,951,022) 22,231,782 (34,121,505) 656,500 (29,152) (34,121,505) (812,825) (2,996) (148,854) (812,825) (2,996) (87,318) (236,172) 7,067,490 7,067,490 $ (300,431) (9,164) (305,983) 1,629,264 (22,664,521) 113,570,810 90,906,289 $ 204,696 204,696 1,644,282 $ $ 1,644,282 $ $ 181 (30,775,479) 6,975,000 20,500,000 (379,635) (255,353) (816,318) (4,751,785) 1,217,431 1,217,431 10,298,277 10,298,277 (1,321,117) 17,770,093 16,448,976 6,381,916 162,780,623 169,162,539 29,145 (185,609) 156,464 15,031,706 (15,031,706) 175,704 (175,704) (14,715,972) $ $ 29,145 (185,609) 156,464 15,031,706 (15,031,706) 175,704 (175,704) (15,031,706) 15,031,706 6,847,121 (6,847,121) 3,278,464 (3,278,464) Maricopa County Schedule Of Operating Expenses By Department Medical Center For the Fiscal Year Ended June 30, 2001 DAILY HOSPITAL SERVICES Surgical I.C.U. Medical I.C.U. Coronary I.C.U. Pediatrics I.C.U. Burn unit Surgical acute Medical acute Detention APCU Pediatrics I.C.U. OB/GYN Psychiatric Labor and delivery Operating Room Recovery Room Nursery TOTAL DAILY HOSPITAL SERVICES ANCILLARY SERVICES Anesthesiology Medical supply Laboratory Pulmonary Cardiology Neurophysiology Radiology Pharmacy Respiratory therapy Endoscopy lab Renal dialysis Physical/medical therapy Psychiatry Cast Room Correctional Health TOTAL ANCILLARY SERVICES OUTPATIENT NURSING SERVICES Clinics Emergency Room Primary Care Centers TOTAL OUTPATIENT NURSING SERVICES $ 2,340,234 1,588,922 1,334,350 1,071,811 4,473,984 2,534,004 3,325,973 883,470 2,935,722 2,305,343 3,315,840 7,156,389 4,556,501 5,363,206 899,580 5,779,647 49,864,976 1,239,119 7,642,996 10,167,649 33,698 1,165,951 100,858 7,059,256 12,564,489 2,284,287 539,207 1,194,465 720,759 428,931 56,148 35,231 45,233,044 5,772,148 7,981,573 26,997,020 40,750,741 SPECIAL NURSING SERVICES Attendant care Home health Nursing home services Dental services TOTAL SPECIAL NURSING SERVICES MEDICAL SERVICES ADMINISTRATION Education Employee health TOTAL MEDICAL SERVICES ADMIN. 9,421,863 386,288 9,808,151 GENERAL SERVICES Social Services Printing Food services Laundry Housekeeping Security Power plant Facility maintenance Medical equipment repair Transportation Patient transfer Communications TOTAL GENERAL SERVICES 1,023,678 280,241 3,217,739 760,695 2,557,812 995,519 3,257,493 2,708,312 499,139 302,999 691,818 1,084,374 17,379,819 FISCAL SERVICES Fiscal services administration Admitting Business office Information services TOTAL FISCAL SERVICES 7,032,224 3,664,497 4,046,493 3,835,584 18,578,798 ADMINISTRATIVE SERVICES Nursing Hospital Volunteer Medical library Clinical departments TOTAL ADMINISTRATIVE SERVICES NON-DEPARTMENTAL TOTAL OPERATING EXPENSES 182 $ 13,040,044 1,703,332 630,039 3,273,354 18,646,769 2,261,258 4,835,644 58,204 325,114 2,177,157 9,657,377 22,827,461 $ 232,747,136 Financial Section 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. Listed below are the Internal Service Funds associated with Maricopa County. A short description of each fund is provided on the next page. Equipment Services Telecommunications Reprographics Risk Management Employee Benefits Trust Sheriff Warehouse 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. 185 Maricopa County Combining Balance Sheet All Internal Service Funds As Of June 30, 2001 EQUIPMENT SERVICES TELECOMMUNICATIONS REPROGRAPHICS ASSETS Current assets: Cash in bank and on hand $ 900 $ Cash and investments held by County Treasurer 400 2,273,127 $ 167,323 Receivables: 338,160 6,320 59,797 339,060 2,339,644 167,323 376,750 6,211,425 6,588,175 (3,260,313) 3,327,862 751,032 751,032 (424,843) 326,189 Accrued interest Inventory of supplies Prepaids Total current assets Restricted assets: Investments held by trustee Property, plant and equipment: Buildings 2,005,140 2,005,140 (1,446,448) 558,692 Machinery and equipment Total property, plant and equipment Accumulated depreciation Net property, plant and equipment Total assets $ 897,752 $ 5,667,506 $ 493,512 $ 210,311 206,694 14,756 513,511 $ 1,921,486 207,265 162 $ 3,550 30,209 3 LIABILITIES AND FUND EQUITY Liabilities: Current liabilities: Vouchers payable Employee compensation Accrued liabilities Due to other funds Liability for reported and incurred but not reported claims 945,272 2,128,913 33,762 945,272 2,128,913 33,762 14,744,048 1,079,758 291,348 (14,791,568) (47,520) 2,458,835 3,538,593 168,402 459,750 Total current liabilities Long-term liabilities: Liability for reported and incurred but not reported claims Total liabilities Fund equity: Contributed capital Retained earnings (deficits): Unreserved Total fund equities (deficits) Total liabilities and fund equity $ 897,752 186 $ 5,667,506 $ 493,512 EMPLOYEE BENEFITS TRUST RISK MANAGEMENT $ 300 18,944,112 $ 209,625 666,320 2,987,793 SHERIFF WAREHOUSE $ TOTALS JUNE 30, 2001 $ 43,958 259,903 1,930,078 699,923 27,930,179 1,532,121 697,923 19,851,960 2,000 3,700,071 667,920 24,372,355 1,532,121 2,429,908 2,429,908 74,554 74,554 (32,926) 41,628 376,750 9,333,684 9,710,434 (5,181,592) 4,528,842 291,533 291,533 (17,062) 274,471 $ 22,323,496 $ 3,974,542 $ 1,532,121 $ 34,888,929 $ 499,267 82,087 197 $ 81,799 $ 54,632 $ 22,295,029 22,876,580 139,887 661,965 864,027 2,771,045 526,255 461,519 1,316,784 22,434,916 27,510,519 18,274,015 41,150,595 661,965 864,027 18,274,015 45,784,534 2,886,478 30,445 600,330 19,632,407 3,282,132 3,312,577 67,764 668,094 (30,528,012) (10,895,605) 440,279 (21,713,577) (18,827,099) $ 22,323,496 $ 3,974,542 6,122 803,273 $ 1,532,121 187 $ 34,888,929 Maricopa County Combining Statement Of Revenues, Expenses And Changes In Fund Equity All Internal Service Funds For the Fiscal Year Ended June 30, 2001 EQUIPMENT SERVICES OPERATING REVENUES Charges for services Other Total operating revenues $ OPERATING EXPENSES Personal services Supplies Other services Legal Insurance Leases and rentals Repairs and maintenance Travel and transportation Utilities Depreciation Miscellaneous Total operating expenses Operating income (loss) NON-OPERATING REVENUES (EXPENSES) Grant revenues Interest income Interest expense Gain on sale of fixed assets Loss on disposal of fixed assets Net non-operating revenues (expenses) Net income (loss) 8,125,696 493,598 8,619,294 TELECOMMUNICATIONS $ 13,526,693 112,927 13,639,620 2,582,337 3,605,522 758,983 3,790 2,428,952 1,313,020 618,013 3,697 10,148 2,282,466 23,550 124,941 136,982 14,345 9,543,064 (923,770) 1,155,602 1,344,802 84,234 4,755,670 406,924 14,873 12,125,787 1,513,833 34,434 13,095 Fund equities (deficit) at beginning of year - as restated OTHER CHANGES IN FUND EQUITIES Transfer to General Fixed Assets Account Group Fund equities (deficit) at end of year $ 188 (45,871) 32,664 (13,850) 7,377 (916,393) (77,988) (64,893) 1,448,940 868,873 2,914,725 (47,520) $ (825,072) 3,538,593 REPROGRAPHICS $ 848,905 3,530 852,435 $ 368,070 254,861 26,690 19,227,729 84,266 19,311,995 $ 3,433,082 SHERIFF WAREHOUSE $ 2,107,258 3,433,082 2,107,258 201,203 1,968,690 125,065 TOTALS JUNE 30, 2001 $ 47,269,363 694,321 47,963,684 70,628 10 1,058,781 61,851 2,383,666 8,047,472 4,328,538 32,888 200 29,934 100,634 3,858 824,751 27,684 14,729 375,537 16,333,596 2,978,399 2,973,689 459,393 1,328,638 308,928 (15,773) 1,312,865 4,291,264 (8,912) 300,016 759,409 3,982 34,434 1,650,661 (45,871) 50,164 (170,101) 1,519,287 5,578,808 (23,118,363) 2,553,168 664,112 (15,649,341) 17,500 (53,578) (36,078) (8,394) 468,144 $ EMPLOYEE BENEFITS TRUST RISK MANAGEMENT 459,750 $ (18,827,099) 6,438,140 7,203,944 4,113,620 8,054,959 7,093,202 1,198,638 3,698,096 147,249 4,880,611 667,091 408,613 43,904,163 4,059,521 2,764,664 9,521 7,822 $ 3,312,577 189 2,103,276 3,982 $ 668,094 $ (825,072) (10,895,605) Maricopa County Combining Statement Of Cash Flows All Internal Service Funds For the Fiscal Year Ended June 30, 2001 EQUIPMENT SERVICES TELECOMMUNICATIONS CASH FLOWS FROM OPERATING ACTIVITIES $ Operating income (loss) (923,770) $ 1,513,833 Adjustments to reconcile operating income (loss) to net cash provided by (used for) operating activities: 136,982 Depreciation 406,924 Changes in assets and liabilities Increase in: (20,951) Inventory of supplies Prepaids 1,415,505 30,125 162 Vouchers payable Employee compensation 9,738 513,511 Accrued liabilities Due to other funds Decrease in: Due from other governmental units 47,060 (196,715) (25,946) Inventory of supplies Vouchers payable Employee compensation Accrued liabilities Liability for reported and incurred but not reported claims (439,140) Net cash provided by (used for) operating activities 3,345,598 CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES 34,434 (45,871) (11,437) Grants received Interest expense Net cash used for non-capital financing activities CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES (162,096) 32,664 (129,432) Acquisition of fixed assets Proceeds from sale of fixed assets Net cash used for capital and related financing activities (2,426,938) (2,426,938) CASH FLOWS FROM INVESTING ACTIVITIES 15,495 Interest income Proceeds from sale of investments held by trustee Purchase of investments held by trustee 15,495 Net cash provided by investing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents, July 1, 2000 $ Cash and cash equivalents, June 30, 2001 (580,009) 580,909 900 $ 934,155 1,339,372 2,273,527 SCHEDULE OF NONCASH INVESTING, CAPITAL AND FINANCING ACTIVITIES $ Transfer to General Fixed Assets Account Group Deletion of equipment Elimination of accumulated depreciation related to deletions Loss on disposal of fixed assets Deletion of equipment due to change in capitalization policy Deletion of accumulated depreciation due to change in capitalization policy Restatement of July 1, 2000, retained earnings for change in capitalization policy 190 $ (323,549) 309,699 13,850 (377,226) 228,889 148,337 825,072 (905,277) 2,217 77,988 (389,832) 151,196 238,636 REPROGRAPHICS $ 27,684 EMPLOYEE BENEFITS TRUST RISK MANAGEMENT $ 100,634 2,978,399 $ 14,729 459,393 SHERIFF WAREHOUSE $ 3,982 TOTALS JUNE 30, 2001 $ 7,822 667,091 (231,370) (252,321) (47,668) 1,460,619 34,758 13,671 773,754 (47,668) 45,114 4,633 3 197 3,571 260,243 19,342 (94,440) (272,551) (2,463) 19,342 47,060 (600,132) (84,833) (642,264) (2,490,860) 2,957,738 (36,426) (56,424) (642,264) (29,280) (196,297) (2,461,580) 209,063 38,514 4,059,521 34,434 (45,871) (11,437) (128,236) 17,500 (110,736) (22,344) (245,426) (22,344) (245,426) 1,308,737 2,347,238 (2,429,908) 1,226,067 $ (72,222) 239,545 167,323 $ $ 1,412,786 17,531,626 18,944,412 $ (179,408) 125,830 53,578 (74,005) 55,232 18,773 307,273 1,631,505 2,347,238 (2,429,908) 1,548,835 307,273 $ (134,450) 3,788,563 3,654,113 $ (17,307) 1,534 15,773 (41,176) 25,760 15,416 (2,985,040) 50,164 (2,934,876) (9,153) 241 8,912 (41,709) 18,045 23,664 191 $ $ $ $ 1,560,260 23,480,015 25,040,275 825,072 (1,434,694) 439,521 170,101 (923,948) 479,122 444,826 192 Financial Section 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. A short description of each fund is provided on the next page. 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. • Treasurer’s Investment Pool • Individual Investment Accounts The County maintains an Expendable Trust Fund for contributions expended in accordance with the covenants of the donation. Expendable Trust Funds are accounted for in essentially the same manner as Governmental Funds. • Contributions 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. • Property Tax Collection • Special Purpose 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. EXPENDABLE TRUST FUND: Contributions - Contributions accounts for activities that are financed through donations by citizens or groups. 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. 195 Maricopa County Combining Balance Sheet All Trust And Agency Funds As Of June 30, 2001 INVESTMENT TRUST FUNDS TREASURER’S INDIVIDUAL INVESTMENT INVESTMENT POOL ACCOUNTS ASSETS Cash in bank and on hand Cash and investments held by County Treasurer Accrued interest receivable Due from other funds Due from other governmental units Total assets $ $ 1,291,446,564 14,727,819 211,485 $ LIABILITIES AND FUND BALANCES Liabilities: Vouchers payable Due to other funds Due to other governmental units Deposits held for other parties Total liabilities 1,306,385,868 $ Fund balances Reserved for investment trust participants Unreserved Total liabilities and fund balances 15,605,000 $ $ 1,306,385,868 $ 196 15,605,000 1,306,385,868 15,605,000 $ 15,605,000 EXPENDABLE TRUST FUND AGENCY FUNDS PROPERTY TAX SPECIAL COLLECTION PURPOSE CONTRIBUTIONS $ $ 411,933 3,697 $ 415,630 $ $ 174 $ $ 18,338,379 $ $ 229,520 11,563,210 6,545,649 18,338,379 174 415,456 415,630 $ 18,338,379 $ 18,338,379 $ 197 32,919,674 43,975,921 2,695 76,898,290 206,703 2,752,381 22,000 73,917,206 76,898,290 76,898,290 TOTALS JUNE 30, 2001 $ $ $ $ 32,919,674 1,369,777,797 14,731,516 211,485 2,695 1,417,643,167 206,877 2,981,901 11,585,210 80,462,855 95,236,843 1,321,990,868 415,456 1,417,643,167 Maricopa County Combining Schedule Of Changes In Assets And Liabilities All Agency Funds For the Fiscal Year Ended June 30, 2001 BALANCE JULY 1, 2000 PROPERTY TAX COLLECTION Assets Cash and investments held by County Treasurer Total assets Liabilities Due to other funds 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 Due from other governmental units Total assets Liabilities Vouchers payable Due to other funds Due to other governmental units 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 Due from other governmental units Total assets Liabilities Vouchers payable Due to other funds Due to other governmental units Deposits held for other parties Total liabilities ADDITIONS BALANCE JUNE 30, 2001 DEDUCTIONS $ $ 15,468,266 15,468,266 $ $ 2,913,346,361 2,913,346,361 $ $ 2,910,476,248 2,910,476,248 $ $ 18,338,379 18,338,379 $ 719,805 11,067,787 3,680,674 15,468,266 $ 2,483,606,847 374,072,295 55,667,219 2,913,346,361 $ 2,484,097,132 373,576,872 52,802,244 2,910,476,248 $ 229,520 11,563,210 6,545,649 18,338,379 $ $ $ $ $ $ $ $ $ $ 38,726,415 40,713,880 115,394 79,555,689 $ 349,175 2,478,127 109,128 76,619,259 79,555,689 $ $ $ 38,726,415 56,182,146 115,394 95,023,955 $ 349,175 3,197,932 11,176,915 80,299,933 95,023,955 $ 198 $ $ $ $ 1,752,730,964 2,695 1,752,733,659 206,703 2,752,381 22,000 1,743,945,835 1,746,926,919 $ $ $ $ 4,666,077,325 2,695 4,666,080,020 206,703 2,486,359,228 374,094,295 1,799,613,054 4,660,273,280 $ $ $ $ 5,806,741 1,749,468,923 115,394 1,755,391,058 $ 349,175 2,478,127 109,128 1,746,647,888 1,749,584,318 $ 5,806,741 4,659,945,171 115,394 4,665,867,306 $ 349,175 2,486,575,259 373,686,000 1,799,450,132 4,660,060,566 $ $ $ $ $ 32,919,674 43,975,921 2,695 76,898,290 206,703 2,752,381 22,000 73,917,206 76,898,290 32,919,674 62,314,300 2,695 95,236,669 206,703 2,981,901 11,585,210 80,462,855 95,236,669 Maricopa County Combining Statement Of Net Assets Investment Trust Funds As of June 30, 2001 TREASURER’S INVESTMENT POOL ASSETS Cash and investments held by County Treasurer Accrued interest receivable Due from other funds Total assets $ INDIVIDUAL INVESTMENT ACCOUNTS 1,291,446,564 14,727,819 211,485 1,306,385,868 $ 1,306,385,868 $ 15,605,000 TOTALS JUNE 30, 2001 $ 1,307,051,564 14,727,819 211,485 1,321,990,868 $ 1,321,990,868 15,605,000 LIABILITIES Total liabilities Net assets held in trust $ 199 15,605,000 200 Financial Section General Fixed Assets Account Group The General Fixed Assets Account Group is used to account for all of the County’s property, plant and equipment other than those accounted for in Proprietary Funds. Maricopa County Schedule Of General Fixed Assets By Function And Activity As of June 30, 2001 LAND GENERAL GOVERNMENT County Assessor Board of Supervisors Finance Office of Management & Budget Facilities Management Materials Management Computer Systems Telecommunications Elections Internal Audit Human Resources Recorder Treasurer Non Departmental 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 Parks Spurs Cross Ranch Bank One Ballpark Operations Sports Authority Total Culture and Recreation $ BUILDINGS $ 676,939 IMPROVEMENTS OTHER THAN BUILDINGS $ 416,233 MACHINERY & EQUIPMENT $ 184,163 15,793,872 907,588 2,470,122 898,965 $ 30,161,873 30,161,873 $ $ 92,296,077 109,674,476 $ 5,495,656 9,465,139 $ $ 274,572 $ 3,144,752 $ $ $ $ 4,662,201 4,662,201 $ $ 5,657,596 120,283 3,382,663 4,198,759 9,010,672 552,112 137,299 23,175,806 1,059,888 1,782,824 1,020,879 93,149 35,701,733 122,754,047 22,035,649 230,683,359 $ 27,050,947 $ $ $ 13,777,710 13,777,710 $ $ 8,103,885 8,103,885 $ $ 33,421,202 33,421,202 $ $ 59,964,998 59,964,998 $ 76,053 4,185,509 20,867,729 2,534,841 2,000,099 488,528 352,984 1,720,009 32,225,752 $ 76,053 4,339,215 41,639,998 2,840,423 4,762,051 490,953 352,984 4,217,343 58,719,020 1,606,895 3,180,343 39,971 $ 135,171 3,553,418 2,144,861 19,766,540 503,875 191,259 12,838,190 7,962,322 $ 82,273 14,175,492 286,487 2,248,371 2,425 27,100 $ $ $ $ $ 4,772,708 2,201,723 18,996,771 6,496,987 399,947 71,433 19,095 486,481 $ 295,611 872,620 $ $ 5,272 7,816,155 $ $ 7,821,427 $ $ 364,124,821 $ 4,772,708 4,019,287 145,910 267,227 37,610 20,140,856 984,413 2,887,768 21,067,976 407,897 18,372 319,281 4,188,977 2,066,302 156,881,840 213,433,716 $ 94,656 $ 6,623,877 $ 16,061,288 89,063,185 10,432,320 139,245,979 6,596,777 $ 2,926,115 145,910 83,064 37,610 1,876,862 76,825 2,887,768 21,067,976 407,897 18,372 319,281 3,290,012 2,066,302 28,928,234 64,132,228 2,238,272 120,283 3,152,836 4,198,759 3,312,393 552,112 137,299 2,905,391 868,629 1,782,824 890,362 93,149 6,802,255 25,209,620 11,586,086 63,850,270 130,517 518,920 17,243 536,163 TOTAL $ 371,021,755 203 23,597 4,850,806 $ 8,109,154 16,169,153 39,971 364,124,821 23,597 388,466,696 Maricopa County Schedule Of General Fixed Assets By Function And Activity (Continued) As of June 30, 2001 LAND EDUCATION Superintendent of Schools Accommodation Schools Total Education Total general fixed assets allocated to functions $ BUILDINGS $ $ 274,430 274,430 $ 47,031,252 IMPROVEMENTS OTHER THAN BUILDINGS MACHINERY & EQUIPMENT $ $ $ 5,647,756 5,647,756 $ $ 658,364,447 $ Construction in progress TOTAL GENERAL FIXED ASSETS 204 53,314,018 TOTAL $ 659,558 2,835,671 3,495,229 $ $ 659,558 8,757,857 9,417,415 $ 201,975,487 $ 960,685,204 $ 117,201,338 $ 1,077,886,542 Maricopa County Schedule Of Changes In General Fixed Assets By Function And Activity For The Fiscal Year Ended June 30, 2001 GENERAL FIXED ASSETS JUNE 30, 2000 (as restated) GENERAL GOVERNMENT County Assessor Board of Supervisors Finance Office of Management & Budget Facilities Management Materials Management Computer Systems Telecommunications Elections Internal Audit Human Resources Recorder Treasurer Non Departmental Total General Government $ $ 4,068,138 160,708 241,270 37,610 19,911,789 984,413 2,661,467 18,720,545 497,677 13,289 85,141 4,696,511 2,359,748 134,138,092 188,576,398 $ 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 $ 6,536,124 125,585 3,258,155 4,332,598 9,341,045 405,327 137,299 23,000,727 840,444 1,618,480 1,301,302 88,162 35,327,884 133,107,918 20,684,924 240,105,974 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 Parks Spurs Cross Ranch Bank One Ballpark Operations Sports Authority Total Culture and Recreation $ $ $ $ ADDITIONS 100,914 GENERAL FIXED ASSETS JUNE 30, 2001 DEDUCTIONS $ 35,481 149,765 14,798 9,524 328,704 99,637 416,063 2,401,007 189,762 53,576 89,780 $ 5,083 234,140 1,169,903 111,302 24,755,755 29,558,352 $ $ 415,105 $ 1,677,437 404,748 2,012,007 4,701,034 $ $ 492,385 1,312,034 381,548 148,151 1,293,633 5,302 367,877 1,445,873 711,921 1,366 $ 203,188 322,130 301,306 230,519 22,314 387,532 2,340,920 1,496,464 8,053,596 $ 28,109 102,686 136,962 510,942 17,327 13,683 12,694,791 145,739 17,476,211 $ 5,657,596 120,283 3,382,663 4,198,759 9,010,672 552,112 137,299 23,175,806 1,059,888 1,782,824 1,020,879 93,149 35,701,733 122,754,047 22,035,649 230,683,359 55,988,380 55,988,380 $ $ 4,385,304 4,385,304 $ $ 408,686 408,686 $ $ 59,964,998 59,964,998 81,747 3,676,594 43,985,901 3,445,642 4,422,108 540,398 209,482 4,290,026 60,651,898 $ 37,430 936,012 4,936,506 274,031 339,945 260,700 143,502 160,032 7,088,158 $ 43,124 273,391 7,282,409 879,250 2 310,145 $ 76,053 4,339,215 41,639,998 2,840,423 4,762,051 490,953 352,984 4,217,343 58,719,020 7,912,317 15,352,490 355,270,235 22,333 378,557,375 $ $ $ 205 302,292 816,663 39,971 10,519,999 1,264 11,680,189 $ 4,019,287 145,910 267,227 37,610 20,140,856 984,413 2,887,768 21,067,976 407,897 18,372 319,281 4,188,977 2,066,302 156,881,840 213,433,716 $ 232,715 9,021,036 $ $ 105,455 $ 1,665,413 $ 1,770,868 $ 8,109,154 16,169,153 39,971 364,124,821 23,597 388,466,696 Maricopa County Schedule Of Changes In General Fixed Assets By Function And Activity (Continued) For The Fiscal Year Ended June 30, 2001 GENERAL FIXED ASSET JUNE 30, 2000 (as restated) EDUCATION Superintendent of Schools Accommodation Schools Small Schools Service Program Total Education Construction in progress TOTAL GENERAL FIXED ASSETS $ ADDITIONS GENERAL FIXED ASSETS JUNE 30, 2001 DEDUCTIONS $ 12,501 100,056 $ 8,278 $ 659,558 8,757,857 $ 655,335 8,657,801 167,066 9,480,202 $ 112,557 $ 167,066 175,344 $ 9,417,415 $ 32,593,117 $ 84,608,221 $ $ 117,201,338 $ 965,953,344 $ 145,486,377 $ $ 1,077,886,542 206 33,553,179 Financial Section General Long-Term Debt Account Group The General Long-Term Debt Account Group is used to record and present the County’s liability for non-proprietary long-term obligations from date of issuance until the obligations are retired. Maricopa County General Long-Term Debt Account Group Comparative Balance Sheets June 30, 2001 and 2000 BALANCE JUNE 30, 2001 Amount available in Debt Service Funds Amount to be provided for retirement of long-term debt Total available or to be provided Employee compensation General obligation bonds payable Lease revenue bonds payable Stadium District revenue bonds payable Stadium District debt with governmental commitment Special assessment debt with governmental commitment Housing Department bonds payable Housing Department loans payable Capital leases payable Certificates of participation payable Claims and judgements payable Total General Long-Term Debt 209 BALANCE JUNE 30, 2000 $ 123,521,206 280,307,013 $ 152,887 271,250,733 $ 403,828,219 $ 271,403,620 $ 26,330,098 58,205,000 104,355,000 26,342,043 26,980,000 565,560 81,862 1,861,500 14,225,356 13,575,118 131,306,682 $ 27,084,256 79,595,000 0 27,704,259 28,225,000 659,388 95,975 1,976,984 18,121,511 17,222,210 70,719,037 $ 403,828,219 $ 271,403,620 210 STATISTICAL SECTION General Revenue By Source Schedule Of Expenditures/Expenses By Function Tax Revenues By Source Property Tax Levies And Collections Property Tax Levies - All Jurisdictions Assessed Value And Current Market Value Of All Taxable Property Property Value, Construction And Bank Deposits 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 Comparative Ratio Of Bonded Debt To Assessed Values And Bonded Debt Per Capita Computation Of Direct And Overlapping General Obligation Bonded Debt Schedule Of Legal Debt Limit Ratio Of Annual General Obligation Debt Service Requirements Revenue Bond Coverage - Maricopa County Stadium District Special Assessment Billings And Collections Principal Taxpayers Schedule Of Insurance In Force Salaries And Blanket Bond Of Elected County Officials Cactus League Attendance Miscellaneous Statistical Data Maricopa County General Revenue By Source Last Ten Fiscal Years FISCAL YEAR TAXES $ LICENSES INTER- CHARGES AND GOVERNMENTAL FOR AND MISCELLANEOUS TOTAL PERMITS REVENUE SERVICES FORFEITS REVENUES REVENUES 10,358,198 $ 401,145,843 $ FINES 1991-92 $ 244,169,031 396,337,501 $ 8,041,074 $ 35,877,173 $ 1,095,928,820 1992-93 241,583,133 11,259,000 360,680,338 449,030,396 6,122,462 85,268,280 1,153,943,609 1993-94 223,501,878 12,620,995 413,395,893 490,597,087 7,078,224 103,261,423 1,250,455,500 1994-95 225,445,807 14,940,192 469,173,104 503,308,300 8,474,023 120,263,029 1,341,604,455 1995-96 234,576,660 12,415,267 569,939,435 514,379,027 9,862,807 128,748,175 1,469,921,371 1996-97 240,138,668 13,324,933 624,050,582 501,022,059 11,499,560 145,577,959 1,535,613,761 1997-98 256,680,131 14,882,655 599,058,890 519,752,362 12,460,671 241,598,017 1,644,432,726 1998-99 273,423,421 17,067,513 664,030,245 555,408,121 13,426,857 149,268,415 1,672,624,572 1999-00 296,029,480 22,187,021 788,357,965 607,246,050 14,583,372 74,529,345 1,802,933,233 2000-01 316,624,353 23,688,768 812,206,978 648,187,170 14,908,415 94,504,508 1,910,120,192 The above amounts include revenue for all fund types, unless otherwise noted below. Revenues include all operating and non-operating revenue after elimination of internal service charges. The decrease in taxes in fiscal year 1993-94 reflects a $4.3 million decrease in the levy and decreased interest on delinquent taxes. The increase in fiscal year 1995-96 intergovernmental revenue includes a $68.2 million increase in the .25% sales tax imposed on April 1, 1995. The sales tax was used for the construction of the Arizona Diamondbacks Major League Baseball Stadium. Miscellaneous Revenues includes Disproportionate Share Revenue that is received by the Medical Center for Indigent Patient Care as follows: FISCAL YEAR 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 DISPROPORTIONATE SHARE REVENUE $ 57,849,700 67,144,900 63,430,600 75,886,800 79,236,300 89,200,900 90,334,000 13,140,300 13,140,300 213 Maricopa County Schedule Of Expenditures/Expenses By Function Last Ten Fiscal Years HEALTH, FISCAL GENERAL PUBLIC HIGHWAYS WELFARE AND YEAR GOVERNMENT SAFETY STREETS SANITATION 1991-92 $ 146,221,981 $ 284,277,876 $ 33,921,390 $ 503,998,022 1992-93 150,268,168 300,090,886 30,681,790 1993-94 65,811,660 309,338,572 34,267,926 545,411,776 761,883,314 1994-95 161,027,321 311,584,793 42,107,241 629,504,260 1995-96 93,831,068 285,016,888 42,260,676 800,964,510 1996-97 85,306,487 312,469,016 41,937,037 809,396,927 1997-98 85,863,050 338,229,571 38,787,702 820,102,629 1998-99 112,294,215 364,823,901 52,048,136 870,517,004 1999-00 91,300,405 422,453,691 55,450,402 841,830,257 2000-01 98,313,389 459,487,297 59,803,451 906,943,358 CULTURE FISCAL AND YEAR RECREATION 1991-92 $ 10,038,831 EDUCATION $ 1,487,051 $ DEBT CAPITAL SERVICE PROJECTS 34,746,309 $ TOTAL 98,106,681 $ 1,112,798,141 1992-93 14,535,168 1,332,882 27,985,940 78,780,290 1,149,086,900 1993-94 22,870,494 1,304,110 20,788,678 77,597,172 1,293,861,926 1994-95 17,629,546 1,108,972 14,353,255 60,193,852 1,237,509,240 1995-96 11,702,304 1,113,304 28,658,400 180,419,728 1,443,966,878 1996-97 35,319,556 1,138,321 30,876,332 242,991,752 1,559,435,428 1997-98 10,720,646 10,810,535 33,042,328 215,313,941 1,552,870,402 1998-99 13,356,613 13,627,432 33,084,610 149,605,281 1,609,357,192 1999-00 15,313,445 17,853,463 31,716,707 181,400,888 1,657,319,256 2000-01 16,323,240 16,552,929 31,768,372 229,743,778 1,818,935,814 The above amounts include expenditures/expenses for all fund types, unless otherwise noted below. Figures include all expenditures from all funds, except that Internal Service Funds are reported net of charges for services. All Enterprise Funds are classified under Health, Welfare and Sanitation. All Internal Service Funds are classified under General Government. FISCAL YEAR 1991-92 ALTCS $ 49,500,000 AHCCCS $ 43,100,000 TOTAL $ FUNCTION 92,600,000 General Government 1992-93 52,200,000 37,700,000 89,900,000 General Government 1993-94 49,700,000 45,100,000 94,800,000 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 214 Maricopa County Tax Revenues By Source Last Ten Fiscal Years FISCAL YEAR GENERAL PROPERTY TAX 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 $ 244,169,031 241,583,133 223,501,878 225,445,807 234,576,660 240,138,668 256,680,131 273,423,421 296,029,480 316,624,353 FISCAL YEAR BASEBALL STADIUM TAX 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 $ N/A N/A N/A 18,882,306 87,061,164 96,058,301 42,238,411 386,396 258,303 278,259 STATE SALES TAX $ 164,190,068 176,925,962 194,846,044 215,015,368 231,009,128 242,352,311 257,643,630 279,812,954 309,009,200 322,429,593 VEHICLE LICENSE TAX $ 39,539,163 41,074,451 48,861,161 53,450,464 53,481,261 64,600,858 68,309,110 84,021,288 94,431,066 100,019,454 RENTAL CAR SURCHARGE $ N/A N/A N/A 4,466,598 4,906,873 5,344,085 5,387,983 5,428,828 5,722,238 5,637,184 JAIL TAX $ N/A N/A N/A N/A N/A N/A N/A 41,480,614 91,984,716 97,752,375 HIGHWAY USER FUEL TAX $ 55,318,677 55,922,890 57,901,673 63,227,494 68,763,760 73,249,850 67,408,288 72,392,313 77,317,632 78,243,269 STREET LIGHTING ASSESSMENTS $ N/A N/A N/A 3,024,254 2,312,428 2,502,073 2,799,824 2,809,062 1,934,600 3,612,549 The decrease in property tax revenue in fiscal year 1993-94 was due to a $4.3 million decrease in the levy and decreased interest on past due taxes. The increased sales and vehicle license taxes over the past ten years were caused by a strong economy and by population increases. The vehicle license taxes for 1997-98 and all subsequent years have a combined amount from the General and Transportation Funds. Baseball Stadium Tax ended in November 1997, but small amounts continue to be remitted on delinquent tax returns. Rental Car Surcharge and Street Lighting Assessments are not available prior to FY 95. 215 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 1991-92 $ 215,298,396 $ DELINQUENT 198,893,474 92.4% 1992-93 210,713,325 198,645,975 94.3 $ 12,433,711 11,351,347 1993-94 206,382,123 198,088,983 96.0 4,326,199 1994-95 206,250,696 196,800,826 95.4 3,671,323 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 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 1991-92 $ 1,449,266 $ 212,776,451 98.8% $ 13,061,392 6.1% 1992-93 1,568,056 211,565,378 100.4 9,070,092 4.3 1993-94 988,342 203,403,524 98.6 5,265,240 2.6 1994-95 731,514 201,203,663 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 The levy for unsecured personal property 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 have been excluded. Source: Maricopa County Department of Finance - Property Tax Division. 216 Maricopa County Property Tax Levies All Jurisdictions Last Ten Fiscal Years FISCAL COUNTY DEBT FLOOD YEAR OPERATING SERVICE CONTROL 1991-92 $ 136,572,245 $ 25,868,883 $ 46,536,850 TOTAL LIBRARY $ 6,320,418 COUNTY $ 215,298,396 1992-93 146,115,141 19,461,200 39,254,429 5,882,555 210,713,325 1993-94 140,248,266 25,360,203 35,142,441 5,631,213 206,382,123 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 COUNTY AS A FISCAL ALL OTHER YEAR JURISDICTIONS PERCENT OF TOTAL TOTAL LEVY 1991-92 $ 1,403,506,418 $1,618,804,814 1992-93 1,409,181,726 1,619,895,051 13.3% 13.0 1993-94 1,424,936,081 1,631,318,204 12.7 1994-95 1,464,890,951 1,671,141,647 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 The levy for education equalization, formerly reported as part of the County levy (through fiscal year 199293), has been reclassified as an other jurisdiction levy to conform with the rest of the financial statements. The Equalization levy is a legally mandated tax that is distributed to school districts. 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). 217 Maricopa County Assessed Value And Current Market Value Of All Taxable Property (In Thousands Of Dollars) Last Ten Fiscal Years SECURED PROPERTY VALUES FISCAL YEAR 1991-92 UNSECURED PROPERTY VALUES CURRENT ASSESSED $ 12,967,078 CURRENT MARKET $ ASSESSED 92,667,731 $ 1,268,098 MARKET $ 5,590,095 1992-93 12,445,915 91,766,875 1,362,899 5,043,287 1993-94 12,300,837 90,277,507 1,203,271 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 TOTAL PROPERTY VALUES FISCAL YEAR 1991-92 ASSESSED $ 14,235,176 $ TOTAL ASSESSED VALUE CURRENT AS A PERCENTAGE OF MARKET TOTAL MARKET VALUE 98,257,826 14.5% 1992-93 13,808,814 96,810,162 14.3 1993-94 13,504,108 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 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. 218 Maricopa County Property Value, Construction And Bank Deposits (In Thousands Of Dollars) Last Ten Fiscal Years CURRENT MARKET PROPERTY VALUES YEAR 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 COMMERCIAL $ 20,116,910 19,535,716 19,378,969 18,995,968 20,259,834 20,497,121 21,975,970 24,209,802 27,958,797 33,130,543 INDUSTRIAL $ 34,358,235 32,862,589 31,043,712 30,884,588 32,028,834 32,153,084 32,857,804 34,870,631 38,517,369 42,949,664 RESIDENTIAL $ 43,782,849 44,411,857 45,183,569 48,006,616 53,037,612 55,283,506 65,442,782 69,090,872 76,316,071 84,826,780 TOTAL $ 98,257,994 96,810,162 95,606,250 97,887,172 105,326,280 107,933,711 120,276,556 128,171,305 142,792,237 160,906,987 CONSTRUCTION (1) COMMERCIAL YEAR # OF UNITS 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 1,276 1,946 4,170 3,205 2,741 3,371 4,325 3,606 3,939 4,099 VALUE $ 375,660 550,345 547,667 959,539 1,043,978 1,422,483 1,840,334 2,230,445 1,878,629 2,144,767 INDUSTRIAL # OF UNITS 242 107 129 132 201 356 242 264 198 209 $ RESIDENTIAL VALUE # OF PERMITS 65,100 39,244 50,139 145,310 413,835 788,083 233,598 378,141 210,676 253,472 21,796 26,085 28,409 35,458 37,474 38,129 40,561 45,712 47,106 42,205 (2) BANK DEPOSITS VALUE $ 1,613,885 2,159,845 2,432,682 3,209,240 3,199,942 3,508,538 3,943,544 4,778,571 5,142,869 4,774,188 $ 19,448,091 19,358,015 19,485,966 20,017,167 21,171,950 17,806,183 20,296,620 24,940,253 22,330,881 27,336,883 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. 219 Maricopa County Property Tax Rates And Tax Levies Direct And Overlapping Governments - All County Governments Last Ten Fiscal Years TAX RATES FISCAL YEAR 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 COUNTY CONTROLLED 1.6475 1.6475 1.6475 1.6475 1.6475 1.6475 1.6475 1.6475 1.6248 1.5748 FISCAL YEAR 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 OTHER SPECIAL DISTRICTS 0 - 3.4693 0 - 3.9353 0 - 3.9348 0 - 3.9334 0 - 3.9254 1 - 6.4642 0 - 4.3496 0 - 3.4931 0 - 2.9871 0 - 3.3260 STATE OF ARIZONA 0.4700 0.4700 0.4700 0.4700 0.4700 0.0000 0.0000 0.0000 0.0000 0.0000 COMMUNITY COLLEGE DISTRICT 0.8402 0.8510 0.8532 0.8934 1.1130 1.0476 1.1346 1.1125 1.1285 1.1194 CENTRAL ARIZONA WATER CONSERVATION DISTRICT 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400 0.1300 EDUCATION EQUALIZATION 0.5300 0.5300 0.5300 0.5300 0.5300 0.5300 0.5300 0.5300 0.5217 0.5123 SCHOOL DISTRICTS .1286 - 11.2006 .0862 - 9.5650 .1285 - 18.9866 .1356 - 10.2650 .0842 - 11.9754 .1131 - 10.2185 .8314 - 12.0368 .1141 - 10.6396 .2751 - 10.0452 .1186 - 9.4925 0 0 0 0 0 0 0 0 0 0 CITIES - 3.4629 - 2.1786 - 2.3850 - 2.9563 - 2.8989 - 2.2074 - 2.2011 - 2.2011 - 2.2512 - 2.0816 All tax rates are per $100 assessed valuation. TAX LEVIES FISCAL YEAR 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 COUNTY CONTROLLED $ 215,298,396 210,713,325 206,382,123 206,250,696 214,404,513 221,234,454 239,451,423 257,557,253 279,978,758 302,546,405 FISCAL YEAR 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 OTHER SPECIAL DISTRICTS 92,417,785 99,038,330 96,551,845 94,907,843 93,108,561 72,827,379 63,159,938 68,476,018 67,713,342 76,009,063 $ $ STATE OF ARIZONA 65,215,394 63,945,919 62,492,117 62,520,935 63,420,563 0 0 0 0 0 COMMUNITY COLLEGE DISTRICT $ 116,919,688 115,902,567 113,440,000 118,841,866 151,227,097 146,669,820 171,402,574 179,200,267 198,948,746 219,019,925 EDUCATION EQUALIZATION $ 73,540,763 72,109,227 70,469,834 70,502,331 71,516,805 74,071,041 79,533,234 84,891,508 91,109,039 99,193,054 SCHOOL DISTRICTS $ 887,885,561 888,371,856 912,006,892 944,958,494 1,025,829,866 1,033,216,078 1,156,474,971 1,255,263,520 1,353,201,602 1,470,899,295 CENTRAL ARIZONA WATER CONSERVATION DISTRICT $ 19,929,246 19,332,340 18,905,751 18,929,645 19,767,209 20,080,420 22,012,897 23,536,796 26,147,563 27,141,030 $ CITIES 149,653,244 150,481,484 151,069,642 154,229,837 158,876,867 166,146,519 183,970,230 196,344,584 216,996,873 236,602,131 The levy for education equalization, which was formerly reported as a County levy, is now shown separately. The equalization levy is a legally mandated tax, distributed to school districts. 220 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 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 0.9843 1.0739 1.0548 1.2394 1.1580 1.1054 1.1265 1.1472 1.1884 1.1641 0.1741 0.1409 0.1878 0.0032 0.1464 0.1575 0.1364 0.1312 0.1085 0.1152 0.4447 0.3901 0.3632 0.3632 0.3332 0.3425 0.3425 0.3270 0.2858 0.2534 0.0444 0.0426 0.0417 0.0417 0.0099 0.0421 0.0421 0.0421 0.0421 0.0421 1.6475 1.6475 1.6475 1.6475 1.6475 1.6475 1.6475 1.6475 1.6248 1.5748 FLOOD CONTROL DISTRICT COUNTY LIBRARY TOTAL COUNTY All tax rates are per $100 assessed valuation. TAX LEVIES FISCAL YEAR 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 COUNTY OPERATING $ 136,572,245 146,115,141 140,248,266 164,865,317 156,257,472 154,487,036 169,045,638 183,750,071 207,540,697 225,396,514 DEBT SERVICE $ 25,868,883 19,461,200 25,360,203 428,377 20,670,863 22,590,472 21,446,852 22,058,679 20,264,361 24,051,128 $ 221 46,536,850 39,254,429 35,142,441 35,318,672 36,078,354 38,118,477 42,339,342 44,670,223 44,310,754 44,309,245 $ 6,320,418 5,882,555 5,631,213 5,638,330 1,397,824 6,038,469 6,619,593 7,078,280 7,862,946 8,789,518 $ 215,298,396 210,713,325 206,382,123 206,250,696 214,404,513 221,234,454 239,451,425 257,557,253 279,978,758 302,546,405 Maricopa County Comparative Ratio Of Bonded Debt To Assessed Values And Bonded Debt Per Capita Last Ten Fiscal Years FISCAL YEAR POPULATION (1) ASSESSED VALUE OF TAXABLE PROPERTY 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2,179,975 2,233,700 2,291,200 2,355,900 2,551,765 2,634,625 2,720,575 2,806,100 2,879,492 3,072,149 $ 14,235,175,875 13,808,814,077 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 FISCAL YEAR AMOUNT AVAILABLE FOR RETIREMENT OF GENERAL OBLIGATION DEBT 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 $ 3,471,935 714,516 9,957,983 2,671,278 478,731 1,712,018 1,212,057 1,240,000 0 0 NET BONDED DEBT $ 179,278,065 163,035,484 159,442,017 166,843,722 154,076,269 135,502,982 117,832,943 98,670,000 79,595,000 58,205,000 BONDS PAYABLE $ 182,750,000 163,750,000 169,400,000 169,515,000 154,555,000 137,215,000 119,045,000 99,910,000 79,595,000 58,205,000 BONDED DEBT AS PERCENTAGE OF ASSESSED VALUE 1.26% 1.18 1.18 1.23 1.09 0.94 0.75 0.59 0.43 0.28 BONDED DEBT PER CAPITA $ 82.24 72.99 69.59 70.82 60.38 51.43 43.31 35.16 27.64 18.95 (1) Source: Department of Economic Security. Data from this source for previous years is subject to periodic update. See page 224 for the County’s legal debt limit. 222 Maricopa County Computation Of Direct And Overlapping General Obligation Bonded Debt For the Fiscal Year Ended June 30, 2001 Maricopa County general obligation debt Less amount available for retirement of general obligation debt Net general obligation debt $ 58,205,000 0 58,205,000 Overlapping debt: School Districts Cities and Towns Special Districts 2,821,823,227 1,700,943,623 477,065,016 Total overlapping debt 4,999,831,866 Total direct general obligation and overlapping debt 223 $ 5,058,036,866 Maricopa County Schedule Of Legal Debt Limit For the Fiscal Year Ended June 30, 2001 Assessed value of real and personal property $ 20,877,715,546 Debt limit, 15 percent of assessed value (Constitutional limit) $ 3,131,657,332 224 Maricopa County Ratio Of Annual General Obligation Debt Service Requirements For General Bonded Debt To Total General Expenditures For the Last Ten Fiscal Years FISCAL YEAR 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 PRINCIPAL PAYMENTS $ 19,000,000 13,300,000 7,835,000 14,960,000 17,340,000 18,170,000 19,135,000 20,315,000 21,390,000 TOTAL DEBT SERVICE INTEREST $ 11,171,534 9,308,788 8,873,375 10,176,909 9,416,838 8,627,593 7,754,745 6,828,695 5,635,275 4,551,675 TOTAL GENERAL EXPENDITURES $ 30,171,534 22,608,788 16,708,375 10,176,909 24,376,838 25,967,593 25,924,745 25,963,695 25,950,275 25,941,675 $ 1,112,798,141 1,149,086,900 1,293,861,926 1,237,509,240 1,443,966,878 1,559,435,428 1,552,870,402 1,609,357,192 1,657,319,256 1,818,935,814 RATIO 2.7 2.0 1.3 0.8 1.7 1.7 1.7 1.6 1.6 1.4 Total General Expenditures includes all funds, except that Internal Service Funds are reported net of charges for services. General obligation bonds reported in the special assessment debt with government commitment have 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. 225 Maricopa County Revenue Bond Coverage Maricopa County Stadium District NET REVENUE AVAILABLE FISCAL GROSS FOR DEBT YEAR REVENUE SERVICE (1) 1992-93 $ 2,967,725 $ 2,589,602 DEBT SERVICE REQUIREMENTS PRINCIPAL $ 0 INTEREST $ 0 TOTAL $ 0 GROSS NET COVERAGE COVERAGE NA NA 1993-94 4,082,671 12,117,665 390,000 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% (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. 226 Maricopa County Special Assessment Billings And Collections Last Ten Fiscal Years SPECIAL ASSESSMENT BILLING FISCAL YEAR 1991-92 $ 400,937 SPECIAL ASSESSMENTS COLLECTED (1) $ 478,965 1992-93 334,264 511,883 1993-94 270,078 591,769 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 (1) Includes assessments paid prior to billing date, which are used for early redemption of bonds. 227 Maricopa County Principal Taxpayers 2000-01 SECONDARY VALUATION TAXPAYER COUNTY'S 2000-01 SECONDARY ASSESSED VALUATION PERCENTAGE (%) Arizona Public Service US West New Vector Group, Inc. Southern California Edison Company El Paso Electric Co. Motorola Computer Group, SPS, GEG Southwest Gas Corporation Public Service Company of New Mexico A T & T/Wireless Service Intel Corporation Southern California Public Power Authority Honeywell Cox Communication City of Los Angeles Dept. of Water & Power Scottsdale Fashion Square Partnership Safeway Inc. MCI Telecommunications Corp. Wal Mart ICG – Ore Sheraton, The Phoenician Albertson’s Arizona MSA #26 Air Touch Communication First American Tax Valuation American Express SRI Phoenix Plaza Venture Arizona Mills First American Title Phoenix Newspapers Inc. Biltmore Shipping Center Partners Phoenix SP Hilton LLC $ 720,608,633 355,229,512 198,832,369 166,635,314 159,368,511 114,499,611 95,096,315 86,706,755 76,261,081 73,192,763 61,013,080 55,105,424 51,267,894 48,707,494 39,569,946 38,770,824 38,516,778 34,415,114 33,306,818 32,478,531 28,231,790 27,467,319 26,421,223 26,343,486 25,374,301 25,212,696 24,195,399 21,012,213 14,926,325 14,541,959 3.45% 1.70 0.95 0.80 0.76 0.55 0.46 0.42 0.37 0.35 0.29 0.26 0.25 0.23 0.19 0.19 0.18 0.16 0.16 0.16 0.14 0.13 0.13 0.13 0.12 0.12 0.12 0.10 0.07 0.07 Total Principal Taxpayers $ 2,713,309,478 13.01% Countywide Secondary Valuation $ 20,877,715,546 100.00% Source: Treasurer's Office, Maricopa County. 228 Maricopa County Schedule Of Insurance In Force For the Fiscal Year Ended June 30, 2001 POLICY TYPE INSURER POLICY NUMBER POLICY DATES DEDUCTIBLE/SIR General Liability Auto Liability Errors & Omissions Specialty Surplus Insurance Co. 3ZH12078900 3/1/01 to 3/1/02 $ 25,000,000 Limit, excess of $ 1,000,000 SIR Following Form Excess Liability National Union Fire Ins Co. 7018623 3/1/01 to 3/1/02 $ 25,000,000 Limit, excess or $ 25,000,000 Limit, excess of $ 1,000,000 SIR Property/Inland Marine Allianz Insurance Co. CLP1031382 7/1/00 to 7/1/01 $ 599,593,869 Blanket Buildings & Contents $ 100,000 Deductible $ 10,000,000 Earthquake Limit $ 100,000 Deductible $ 100,000,000 Flood Zone B&C Limit $ 10,000,000 Flood Zone A Limit $ 100,000 Deductible Property/Inland Marine Insurance Co. of the West XHO17011901 7/1/00 to 7/1/01 $ 10,000,000 excess $ 10,000,000 underlying Difference in conditions including flood, excluding earthquake Property/Inland Marine American Alliance Insurance Co. CPP5629134 7/1/00 to 7/1/01 $ 6,000,000 part of $10,000,000 excess $20,000,000 Property/Inland Marine Greenwich Insurance Co. ACG33329134 7/1/00 to 7/1/01 $ 4,000,000 part of $10,000,000 excess $20,000,000 Property/Inland Marine Westchester Fire Insurance Co. IXL4928660 7//1/00 to 7/1/01 $ 20,000,000 excess $30,000,000 Employee Dishonesty National Union Fire Insurance Co. 8724537 2/28/00 to 2/28/01 $ 10,000,000 Limit $ 50,000 Deductible Including coverage for Treasurer/Tax Collector Theft & Robbery National Union Fire Insurance Co. 8724537 2/28/00 to 2/28/01 $ $ Computer Fraud and Wire Transfer Fraud National Union Fire Insurance Co. 8724537 2/28/00 to 2/28/01 $ 10,000,000 Limit $ 50,000 Deductible Forgery Alteration and Property Other than M&S National Union Fire Insurance Co. 8724537 2/28/00 to 2/28/01 $ $ Aviation National Union Fire Insurance Co. ACL649340 7/1/00 to 7/1/01 $ 20,000,000 Limit Aircraft & Non-owned Aircraft Aviation OL&T/P Premises Westchester Fire Ins Co. 7/1/00 to $ 20,000,000 Liability Limit $ 100,000 Fire Legal Liability APL679796 229 1,000,000 Limit 5,000 Deductible 1,000,000 Limit 5,000 Deductible Maricopa County Schedule Of Insurance In Force (Continued) For the Fiscal Year Ended June 30, 2001 POLICY TYPE INSURER POLICY NUMBER POLICY DATES DEDUCTIBLE/SIR 7/1/01 $ 4159007 7/1/98 to 7/1/01 $ $ $ 5,000 Medical Expense WC Statutory 1,000,000 EL 250,000 SIR Excess Workers’ Compensation National Union Fire Insurance Co. of Pittsburgh, PA Self-Insurer’s Guaranty Bond Lumberman’s Mutual Casualty Co. 3S91864800 9/10/00 to 9/10/01 $ 250,000 Limit Continuous until cancelled Annual installment Medical Malpractice and Liability American Continental Insurance Co. 00L661 12/4/00 to 12/4/01 $ 10,000,000 Limit $ 1,000,000 SIR Retro date 7/1/85 Excess Medical Malpractice American Continental Insurance Co. 00V661 12/4/00 to 12/4/01 $ 15,000,000 Limit of $15,000,000 Aggregate. Excess of $10,000,000 primary. Retro date 7/1/85 Accident Policy Medical Center Employees Hartford Life & Accident Co. 59SR351515 3/1/01 to 3/1/02 $ $ $ $ 1,000 2,500 1,000 250 Accidental Death Accidental Dismemberment Medical Expense Maximum Dental Limit Accident Policy Head Start/Early Head Start Hartford Life & Accident Co. 59SR351525 6/1/01 to 6/1/02 $ $ $ $ 2,000 10,000 10,000 250 Accidental Death Accidental Dismemberment Medical Expense Maximum Dental Limit Accident Policy All Training Centers Hartford Life & Accident Co. 59SR352110 7/1/00 to 7/1/01 $ $ $ $ 2,500 2,500 2,500 250 Accidental Death Accidental Dismemberment Medical Expense Maximum Dental Limit Provider Reimbursements TIG Insurance Co. 38859440 01/01/00 to 01/01/02 Accident Policy Sheriff’s Department Owners Protective Professional Identity Hartford Life & Accident Co. Steadfast Insurance Co. Excess/Stop Loss coverage for Health Select Plan 59SR352131 10/1/00 to 10/1/01 $ $ $ $ EOC3741267 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 230 3,000 10,000 10,000 250 Accidental Death Accidental Dismemberment Medical Expense Maximum Dental Limit Maricopa County Salaries And Blanket Bond Of Elected County Officials For the Fiscal Year Ended June 30, 2001 ANNUAL SALARY $ 54,600 54,600 96,600 54,600 54,600 60,000 78,750 54,600 120,750 92,400 TITLE Board of Supervisors Assessor County Attorney Recorder School Superintendent Clerk of the Superior Court Sheriff Treasurer Superior Court Judge Court Commissioners Justices of the Peace Precinct 2435 Precinct 2442 Precinct 2433 Precinct 2437 Precinct 2445 Precinct 2431, 2451 Precinct 2434 – 2457 Constables Precinct 2431 – 2451 34,138 57,672 60,924 67,733 42,067 76,781 80,691 44,170 (1) Source: 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. 231 (1) (1) (1) (1) (1) (1) (1) (2) (2) (2) (2) (2) (2) (2) (2) 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 Cactus League Attendance For the Fiscal Year Ended June 30, 2001 The following numbers demonstrate the Cactus League attendance for the past 5 years: CACTUS LEAGUE ATTENDANCE 2001 2000 1999 1998 1997 Arizona Diamondbacks (1) California Angels Chicago Cubs Chicago White Sox (2) Colorado Rockies Milwaukee Brewers Oakland Athletics San Diego Padres San Francisco Giants Seattle Mariners 95,208 80,535 147,749 67,203 65,269 68,673 89,422 74,498 122,966 124,553 93,162 86,005 136,408 79,526 63,723 68,813 84,839 97,238 100,023 107,611 104,435 67,797 171,651 87,742 66,594 77,286 76,791 108,036 116,479 117,295 149,077 68,836 134,329 73,434 80,749 63,625 74,255 85,980 105,726 117,411 0 66,137 157,046 0 103,475 56,715 79,786 82,752 118,916 126,233 TOTAL 936,076 917,348 994,106 953,422 791,060 (1) Inaugural Major League Season in 1998. st (2) 1998 was the 1 year in Cactus League; previously in 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 Tempe Diablo Stadium - Tempe California Angels Tucson Electric Park - Tucson Arizona Diamondbacks & Chicago White Sox 232 Maricopa County Miscellaneous Statistical Data For the Fiscal Year Ended June 30, 2001 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 1,259,024 as of July 2001 Number voting 914,952 General Election, November 2000 Percent voting 75% in General Election, November 2000 Number of judicial courts: Superior court departments Justice of peace courts 90 23 Miles of County maintained roads: Miles of road Miles of road with paved surfaces Number of major bridges Number of total bridges 5,821 4,335 25 256 Number of County park facilities: Regional County parks Recreation areas County managed golf courses Total acres managed Conservation areas 5 4 3 115,498 1 233 Maricopa County Miscellaneous Statistical Data For the Fiscal Year Ended June 30, 2001 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 POPULATION OF CITIES AND TOWNS 1990 CENSUS Avondale 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 PERCENTAGE INCREASE 159.7% 68.5 23.3 78.2 100.0 46.4 55.4 40.6 20.2 20.4 2000 CENSUS Total County 16,169 5,038 1,666 2,925 90,533 5,001 10,030 1,747 29,188 148,134 6,258 5,458 3,303 288,091 11,671 50,618 983,403 2,667 130,069 7,122 141,865 4,434 4,515 2,542 169,654 2,122,101 35,883 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 POPULATION OF STATE OF ARIZONA 3,665,228 5,130,632 (1) Source: Department of Economic Security. Data for the 2000 Census is as of April 1, 2000. . 234 (1) Maricopa County Miscellaneous Statistical Data For the Fiscal Year Ended June 30, 2001 BUILDING PERMITS BANK DEPOSITS (1) (2) CALENDAR YEAR PERMITS ISSUED 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 37,539 44,077 47,787 55,011 58,948 62,965 67,461 76,045 83,188 83,411 AS OF DECEMBER 31 THOUSANDS OF DOLLARS 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 $ VALUE OF BUILDINGS $ 19,448,091 19,358,015 19,485,966 20,017,167 21,171,950 17,806,183 20,296,620 24,940,253 22,330,881 27,336,883 (1) Source: Bureau of Business and Economic Research, Arizona State University. (2) Source: Arizona Bankers’ Association. 235 2,501,786,000 3,228,424,000 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 Maricopa County Miscellaneous Statistical Data For the Fiscal Year Ended June 30, 2001 INCOME CALENDAR YEAR 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 RETAIL SALES (1) PER CAPITA (1) $ CALENDAR YEAR 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 19,370 19,953 20,554 21,763 22,858 24,032 25,505 27,028 27,582 28,962 MEDIAN PER HOUSEHOLD (2) $ 30,162 31,255 33,002 34,894 31,932 45,000 47,500 32,585 32,748 40,134 THOUSANDS OF DOLLARS $ 16,935,500 18,148,000 18,844,400 20,747,000 23,199,217 27,174,296 29,085,000 31,970,000 34,363,000 37,405,000 (1) Source: Economic Outlook 01/02 Eller College of Business and Public Administration, The University of Arizona. (2) 2000 U.S. Census Bureau, States and County QuickFacts. 236 Maricopa County Miscellaneous Statistical Data For the Fiscal Year Ended June 30, 2001 COUNTY EMPLOYEES-GENERAL GOVERNMENT YEAR NUMBER OF EMPLOYEES 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 PERCENT INCREASE (DECREASE) 10,781 11,899 12,632 13,314 13,121 13,128 13,475 14,076 13,989 13,623 15,117 6.6% 10.4 6.2 5.4 (1.4) 0.1 2.6 4.5 (.6) (2.6) 11.0 NUMBER OF EMPLOYEES PER THOUSAND OF CAPITA 5.1 5.5 5.6 5.8 5.6 5.1 5.1 5.2 5.0 4.6 4.9 UNEMPLOYMENT RATE (1) YEAR COUNTY 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 4.3% 5.9 4.8 5.0 4.1 3.3 3.6 2.6 2.9 2.3 3.7 STATE 4.8% 7.2 6.0 6.4 5.3 5.3 5.5 4.2 4.2 3.9 4.7 UNITED STATES 7.0% 7.8 7.0 6.0 5.7 5.3 5.4 4.7 4.4 4.1 4.5 (1) Source: Department of Economic Security, Population and Statistical Unit, Research Administration. 237 www.maricopa.gov 238