Fiscal Year Ended June 30, 2010 COCONINO MOHAVE APACHE NAVAJO YAVAPAI LA PAZ MARICOPA COUNTY GILA GREENLEE PINAL GRAHAM YUMA PIMA COCHISE SANTA CRUZ District 1 District 2 District 3 District 4 District 5 Comprehensive Annual Financial Report Maricopa County Phoenix, Arizona For the Fiscal Year July 1, 2009 to June 30, 2010 Prepared By Department of Finance Shelby L. Scharbach, Chief Financial Officer INTRODUCTORY SECTION Table of Contents Listing of Maricopa County Officials Organizational Chart Letter of Transmittal Citizens Audit Advisory Committee Letter Certificate of Achievement for Excellence in Financial Reporting Comprehensive Annual Financial Report Table of Contents For the Fiscal Year Ended June 30, 2010 Introductory Section Page Table of Contents Listing of Maricopa County Officials Organizational Chart Letter of Transmittal Maricopa County Citizens Audit Advisory Committee Letter Certificate of Achievement for Excellence in Financial Reporting i v vi vii xi xii Financial Section Independent Auditors’ Report 1 Management’s Discussion and Analysis 3 Basic Financial Statements Definitions of Government-wide Financial Statements and Listing of Major Funds 17 Government-wide Financial Statements Statement of Net Assets Statement of Activities 19 20 Fund Financial Statements Governmental Funds Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balances Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities 22 24 26 Proprietary Funds Financial Statements Statement of Net Assets Statement of Revenues, Expenses, and Changes in Fund Net Assets Statement of Cash Flows 28 29 30 Fiduciary Funds Financial Statements Statement of Fiduciary Net Assets Statement of Changes in Fiduciary Net Assets 32 33 Basic Financial Statements – Notes 37 Required Supplementary Information Budgetary Comparison Schedules – General Fund and Major Special Revenue Fund General Fund Detention Operations Fund 73 75 76 Note to Budgetary Comparison Schedules i Table of Contents (Continued) For the Fiscal Year Ended June 30, 2010 Schedule of Agent Retirement Plans’ Funding Progress Page 77 Note to Schedule of Agent Retirement Plans’ Funding Progress 78 Modified Approach for Infrastructure Assets 79 Combining and Individual Fund Statements and Schedules 83 Listing of Nonmajor Governmental Funds Governmental Funds Combining Balance Sheet – Nonmajor Governmental Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances – Nonmajor Governmental Funds 90 106 Schedules of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual Special Revenue Funds Adult Probation Fees Fund Adult Probation Grants Fund Air Quality Fees Fund Air Quality Grants Fund Animal Control Field Operations Fund Animal Control Grants Fund Animal Control License/Shelter Fund Ballpark Operations Fund Cactus League Operations Fund CDBG Housing Trust Fund Check Enforcement Program Fund Child Support Enhancement Fund Children’s Issues Education Fund Clerk of Court Fill the Gap Fund Clerk of the Court EDMS Fund Clerk of the Court Grants Fund Conciliation Court Fees Fund Correctional Health Grants Fund County Attorney Fill the Gap Fund County Attorney Grants Fund County Attorney RICO Fund County School Indirect Cost Fund Court Document Retrieval Fund Criminal Justice Enhancement Fund Del Webb Special Revenue Fund Diversion Fund Domestic Relations Mediation Education Fund Elections Grants Fund Emergency Management Fund Environmental Services Environmental Health Fund Environmental Services Grants Fund Expedited Child Support Fund ii 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 Table of Contents (Continued) For the Fiscal Year Ended June 30, 2010 Page Special Revenue Funds (Continued) Flood Control Fund Flood Control Grants Fund General Government Grants Fund Human Services Grants Fund Inmate Health Services Fund Inmate Services Fund Judicial Enhancement Fund Justice Court Judicial Enhancement Fund Justice Court Special Revenue Fund Justice Courts Photo Enhancement Fund Juvenile Probation Diversion Fund Juvenile Probation Grants Fund Juvenile Probation Special Fees Fund Juvenile Restitution Fund Lake Pleasant Recreation Services Fund Law Library Fees Fund Legal Defender Fill the Gap Fund Library District Fund Library District Grants Fund Medical Examiner Grants Fund Palo Verde Fund Parks and Recreation Grants Fund Parks Donations Fund Parks Enhancement Fund Parks Souvenir Fund Parks Spur Cross Ranch Conservation Fund Planning and Development Fees Fund Probate Fees Fund Public Defender Fill the Gap Fund Public Defender Grants Fund Public Defender Training Fund Public Health Fund Public Health Fees Fund Recorder’s Surcharge Fund School Communication Expense Fund School Grants Fund School Transportation Fund Sheriff Donations Fund Sheriff Grants Fund Sheriff Jail Enhancement Fund Sheriff RICO Fund Small School Service Fund Solid Waste Grants Fund Solid Waste Management Fund Spousal Maintenance Enforcement Enhancement Fund Superior Court Fill the Gap Fund Taxpayer Information Fund Transportation Grants Fund Transportation Operations Fund Trial Court Grants Fund Trial Court Special Revenue Fund Victim Compensation Interest Fund Victim Compensation Restitution Fund iii 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 Table of Contents (Continued) For the Fiscal Year Ended June 30, 2010 Page Special Revenue Funds (Continued) Victim Location Fund Waste Management Fund Waste Tire Fund 208 209 210 Debt Service Funds County Improvement Debt Fund Stadium District Debt Service Fund 211 212 Capital Projects Funds County Improvement Fund Detention Capital Projects Fund Flood Control Capital Projects Fund General Fund County Improvements Fund Intergovernmental Capital Projects Fund Library District Capital Improvement Fund Long Term Project Reserve Fund Transportation Capital Projects Fund Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects 213 214 215 216 217 218 219 220 221 Internal Service Funds Listing of Internal Service Funds Combining Statement of Net Assets Combining Statement of Revenues, Expenses, and Changes in Net Assets Combining Statement of Cash Flows 229 230 232 234 Agency Fund Listing of Agency Fund Statement of Changes in Assets and Liabilities 239 240 Statistical Section Listing of Statistical Information Net Assets by Component Changes in Net Assets Fund Balances, Governmental Funds Changes in Fund Balances, Governmental Funds Tax Revenues by Source, Governmental Funds Assessed Value and Estimated Market Value of Taxable Property Direct and Overlapping Property Tax Rates Principal Property Tax Payers Property Tax Levies and Collections Ratios of Outstanding Debt by Type Legal Debt Margin Information Pledged Revenue Coverage Demographic and Economic Statistics Principal Employers Budgeted Full-time Equivalent County Employees by Function/Program Operating Indicators by Function/Program Capital Asset Statistics by Function/Program iv 243 244 245 247 248 250 251 252 253 254 255 256 257 258 259 260 261 262 Maricopa County Officials BOARD OF SUPERVISORS Fulton Brock, District 1 Don Stapley, District 2 Andrew Kunasek, District 3 Max Wilson, District 4 Mary Rose Garrido Wilcox, District 5 ♦♦♦ COUNTY MANAGER David R. Smith ♦♦♦ CHIEF FINANCIAL OFFICER Shelby L. Scharbach v Organizational Chart Maricopa County Citizens Superintendent of Schools County Attorney Constables Sheriff Board of Supervisors Clerk of the Court Assessor Treasurer Recorder Elected Appointed County Attorney Civil Division STAR Call Center Clerk of the Board Public Works Assistant County Manager Public Defense Services Legal Defender Contract Juvenile Defender Counsel Public Defender Legal Advocate Public Fiduciary County Manager Internal Audit Community Collaboration Assistant County Manager Deputy County Manager Elections Regional Development Services Assistant County Manager Transportation Management and Budget Animal Care and Control Planning and Development Finance Solid Waste Workforce Management & Development Community Development Emergency Management Materials Management Facilities Management Enterprise Technology Equipment Services Integrate General d Litigation Criminal Human Services Health Care Programs Medical Examiner Risk Management Parks and Recreation Employee Health Initiatives Public Health Correctional Health Research and Reporting NonDepartmental vi Environmental Services Air Quality Special Litigation Maricopa County County Administrative Office 301 West Jefferson Street 10th Floor Phoenix, AZ 85003-2143 Phone: 602-506-3571 Fax: 602-506-3328 www.maricopa.gov December 20, 2010 The Honorable Board of Supervisors Maricopa County County Administration Building 301 W. Jefferson Street Phoenix, AZ 85003 Arizona Revised Statute (A.R.S.) §41-1279.21 requires the Office of the Auditor General to conduct financial audits of the accounts and records of County governments. Pursuant to the statute, the Office of the Auditor General audited the Comprehensive Annual Financial Report (CAFR) of Maricopa County in accordance with generally accepted auditing standards for the year ended June 30, 2010. This report consists of management’s representations concerning the finances of Maricopa County. Consequently, management assumes full responsibility of the completeness and reliability of all the information presented in this report. To provide a reasonable basis for making these representations, management of Maricopa County has established a comprehensive internal control framework that is designed both to protect the government’s assets from loss, theft, or misuse and to compile sufficient reliable information for preparation of Maricopa County’s financial statements in conformity with generally accepted accounting principles (GAAP). Because the cost of internal control should not outweigh their benefits, Maricopa County’s comprehensive framework of internal controls has been designed to provide reasonable rather than absolute assurance that the financial statements will be free from material misstatement. As management, we assert that, to the best of our knowledge and belief, this financial report is complete and reliable in all material respects. The goal of the independent audit was to provide reasonable assurance that the financial statements of Maricopa County for the fiscal year ended June 30, 2010, are free of material misstatement. The independent audit involved examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by management; and evaluating the overall financial statement presentation. The independent auditors expressed an unqualified opinion on the Maricopa County financial statements for the fiscal year ended June 30, 2010. The auditors concluded that the financial statements were considered fairly presented in conformity with GAAP. The independent auditor’s report is presented as the first component of the financial section of this report. The independent audit of the financial statements of Maricopa County was part of a broader, federally mandated “Single Audit” designed to meet the special needs of federal grantor agencies. The standards governing Single Audit engagements require the independent auditor to report not only on the fair presentation of the financial statements, but also on the audited government’s internal controls and compliance with legal requirements, with special emphasis on internal controls and legal requirements involving the administration of federal awards. This report will be available in Maricopa County’s separately issued Single Audit Report to be issued at a future date. vii GAAP requires management’s discussion and analysis (MD&A) immediately following the independent auditor’s report and provides a narrative introduction, overview, and analysis of the basic financial statements. This MD&A complements this letter of transmittal and should be read in conjunction with it. County Profile Maricopa County was established on February 14, 1871 and is located in the south-central portion of the State of Arizona. According to Arizona Department of Commerce, at July 1, 2009, Maricopa County contained 60.2 percent of the State’s total population (www.azcommerce.com). The County occupies 9,224 square miles of which 2,145 square miles are incorporated. Phoenix is the capital of Arizona as well as the county seat for Maricopa County. Maricopa County operates under a five member elected Board of Supervisors who appoints a County Manager. The County Manager is responsible for the general administration and overall operations of the various County departments. The County has several elected officials including the Assessor, Clerk of the Superior Court, Constables, County Attorney, Recorder, Sheriff, Superintendent of Schools, and the Treasurer. Maricopa County includes in its financial statements all activities of the County and its component units. Component units are legally separate entities for which the County is considered to be financially accountable. See Note 1 to the Notes to the Financial Statements - Summary of Significant Accounting Policies for additional information. Maricopa County offers a wide variety of governmental services, including: • Community Resources: Library District, Stadium District, and Superintendent of Schools • County Administration: Board of Supervisors, County Administrator, Assessor’s Office, Clerk of the Board, Elections, Finance, Human Resources, Information Technology, Treasurer’s Office and Facilities Management • Justice and Law Enforcement: Clerk of the Superior Court, County Attorney, Trial Court, Adult Probation, Juvenile Probation, Sheriff’s Department, Public Defender and Public Fiduciary • Medical Services: Public Health, Human Services and Medical Examiner • Public Works: Flood Control District, Transportation Department and Solid Waste Management The annual budget serves as the foundation for Maricopa County’s financial planning and control. The County is required by A.R.S. §42-17101 et. seq. to annually prepare and adopt a balanced budget. Arizona law further requires that no expenditure shall be made or liability incurred in excess of the amounts budgeted except as provided by law. Maricopa County’s annual budget is available on the Internet at the following address: http://www.maricopa.gov/budget/. Economic Outlook Maricopa County has a variety of industries within its boundaries with the majority comprised of high tech, financial, and service industries. Some of the major employers located in the state include Wal-Mart, Banner Health Systems, Wells Fargo & Co. and various local governments (The Book of Lists). viii Because of a favorable climate and mild weather conditions, tourism is also a large factor in the strength of the local economy. Major sporting events can be held year around and many people come to the area during the winter months. Maricopa County is the home to teams from major league professional sports, which include the Arizona Cardinals of the National Football League (NFL), Phoenix Suns of the National Basketball Association (NBA), Arizona Diamondbacks of the Major League Baseball (MLB) and the Phoenix Coyotes of the National Hockey League (NHL). Maricopa County also hosts several major league baseball teams for the annual spring training Cactus League. Maricopa County is also a host to other major sporting events such as the Waste Management Phoenix Open golf tournament, and Phoenix International Raceway, which hosts two major NASCAR events each year. Cities within Maricopa County also host college bowl games such as the Fiesta Bowl and the Insight Bowl. Arizona’s economy is slowly starting to recover from the economic downturn and is expected to show signs of improvement in fiscal year 2011 (http://knowledge.wpcarey.asu.edu). Maricopa County’s unemployment rate is 8.5 percent as of October 2010, which remains below both the State of Arizona and the United States unemployment rates of 9.5 percent, and 9.6 percent, respectively (www.workforce.az.gov). Financial Policies and Long-Term Financial Planning Financial Planning – Maricopa County has a fiscally conservative management philosophy, which has allowed the County to be financially successful. Maricopa County prepares a five-year financial forecast, with the assistance of an economist, which is updated on a quarterly basis for several major funds, including the General Fund and Detention Fund. The five-year forecast provides a conservative estimate of the County’s fiscal condition given realistic economic trends, current Board policies, and existing laws. The forecast does not incorporate anticipated policy changes, spending priorities, or proposed new revenue sources. Capital Improvement Program – Maricopa County’s Capital Improvement Program (CIP) identifies capital projects to be completed over the next five years. Because these projects typically span more than one fiscal year, the plans are updated annually to track existing projects, identify new projects, and update funding estimates and forecasts. It is the County’s policy that new capital projects will be undertaken only if future operating revenues are reasonably estimated to be sufficient to support associated future operating costs. Operating costs associated with new facilities are budgeted by the user department in conjunction with the Facilities Management Department. Estimated operating costs, as well as anticipated savings in lease costs and operating costs of facilities to be replaced are factored into the County’s ten-year financial forecast. Debt Management – Maricopa County utilizes a modified “pay as you go” financial policy for large capital improvement projects and other infrastructure. The County pays cash for many capital improvements, or utilizes lease reversions or other funding sources from the General Fund to pay for large dollar projects. Cash Management – Maricopa County maintains deposits and investments in the Treasurer’s Pool and outside of the Treasurer’s Pool. The Treasurer’s Pool invests 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. Deposits and investments held outside of the Treasurer’s Investment Pool represent a small portion of the County’s total investments. It is the County’s investment policy to: collateralize all deposits by at least 101 percent of the deposits not covered by depository insurance; preserve the principal value and the interest income of an investment; hold investments to maturity, where practical, to avoid any loss on investments resulting from an early sale or retirement of an investment; and require all of the Treasurer’s securities be held by the agent or trust department and in the County’s name. Expenditure Limitation – On June 30, 1980, Arizona voters approved general propositions amending the Arizona Constitution to establish expenditure and revenue limitations for local governments. The purpose of the expenditure limitation is to control expenditures and to limit future increases in spending to adjustments for inflation, deflation and population growth of the County. The Constitution also limits the ix 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. This report will be available in Maricopa County’s separately issued Expenditure Limitation Report to be issued at a future date. Awards and Acknowledgements 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 for its comprehensive annual financial report for the fiscal year ended June 30, 2009. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized comprehensive annual financial report. This report must satisfy both U.S. general 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. 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 Office of the Auditor General. 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 Manager Shelby L. Scharbach Chief Financial Officer x xi xii FINANCIAL SECTION Independent Auditors' Report Management's Discussion and Analysis Basic Financial Statements Basic Financial Statements - Notes Required Supplementary Information Budgetary Comparison Schedules - General Fund and Major Special Revenue Fund Note to Budgetary Comparison Schedules Schedule of Agent Retirement Plans' Funding Progress Modified Approach for Infrastructure Assets Combining and Individual Fund Statements and Schedules Nonmajor Governmental Funds Internal Service Funds Agency Fund STATE OF ARIZONA OFFICE OF THE MELANIE M. CHESNEY AUDITOR GENERAL DEPUTY AUDITOR GENERAL DEBRA K. DAVENPORT, CPA AUDITOR GENERAL Independent Auditors’ Report Members of the Arizona State Legislature The Board of Supervisors of Maricopa County, Arizona We have audited the accompanying financial statements of the governmental activities, discretely presented component unit, each major fund, and aggregate remaining fund information of Maricopa County as of and for the year ended June 30, 2010, which collectively comprise the County’s basic financial statements as listed in the table of contents. These financial statements are the responsibility of the County’s management. Our responsibility is to express opinions on these financial statements based on our audit. We did not audit the financial statements of three departments and the discretely presented component unit, which account for the following percentages of the assets and liabilities of the opinion units affected: Opinion Unit/Department Government-wide Statements Governmental activities: Stadium District Risk Management Employee Benefits Trust Discretely presented component unit—Housing Authority Fund Statements Aggregate remaining fund information: Stadium District Risk Management Employee Benefits Trust Assets Liabilities 6.86% 1.31% 1.22% 100.00% 9.12% 17.30% 2.77% 100.00% 1.08% 2.22% 2.06% 0.01% 35.35% 5.65% Those financial statements were audited by other auditors whose reports thereon have been furnished to us, and our opinions, insofar as they relate to the amounts included for the Housing Authority; the Stadium District, which includes the Ballpark Operations and Cactus League Operations Special Revenue Funds, the Stadium District Debt Service Fund, and the Long Term Project Reserve Capital Projects Fund; and the Risk Management and Employee Benefits Trust Internal Service Funds, are based solely on the reports of the other auditors. 2910 NORTH 44 th STREET • SUITE 410 • PHOENIX, ARIZONA 85018 • (602) 553 -0333 • FAX (602) 553-0051 We conducted our audit in accordance with U.S. generally accepted auditing standards and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit and the reports of the other auditors provide a reasonable basis for our opinions. In our opinion, based on our audit and the reports of the other auditors, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, discretely presented component unit, each major fund, and aggregate remaining fund information of Maricopa County as of June 30, 2010, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in conformity with U.S. generally accepted accounting principles. The Management’s Discussion and Analysis on pages 3 through 13, the Budgetary Comparison Schedules on pages 73 through 76, the Schedule of Agent Retirement Plans’ Funding Progress on pages 77 and 78, and the Infrastructure Assets information on page 79 are not required parts of the basic financial statements, but are supplementary information required by the Governmental Accounting Standards Board. We have applied certain limited procedures, which consisted principally of inquiries of management regarding the methods of measurement and presentation of the required supplementary information. However, we did not audit the information and express no opinion on it. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the County’s basic financial statements. The introductory section, combining and individual fund statements and schedules, and statistical section listed in the table of contents are presented for purposes of additional analysis and are not required parts of the basic financial statements. The combining and individual fund statements and schedules have been subjected to the auditing procedures applied by us and the other auditors in the audit of the basic financial statements and, in our opinion, based on our audit and the reports of the other auditors, are fairly stated in all material respects in relation to the basic financial statements taken as a whole. The introductory and statistical sections have not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we express no opinion on them. In accordance with Government Auditing Standards, we will also issue our report on our consideration of the County’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters at a future date. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of our audit. Debbie Davenport Auditor General December 20, 2010 Management’s Discussion and Analysis This discussion and analysis is intended to be an easily readable analysis of Maricopa County’s (County) financial activities based on currently known facts, decisions or conditions. This analysis focuses on current year activities and should be read in conjunction with the Transmittal Letter that begins on page vii and with the County’s basic financial statements following this section. Financial Highlights • The total assets of the County exceeded its liabilities at the close of the fiscal year by $4,300.8 million (net assets), an increase of 6.3 percent from the prior year. Of this amount, $848.6 million (unrestricted net assets) may be used to meet the County’s ongoing obligations to citizens and creditors. • The County’s total net assets as reported in the Statement of Activities increased by $272.5 million from the prior year. The County’s primary sources of revenue are from taxes, charges for services, and grants and contributions. • The County’s governmental funds reported combined fund balances of $1,517.7 million, an increase in fund balance of $93.0 million over the prior fiscal year. Approximately 97.3 percent of the combined fund balances or $1,477.8 million is unreserved and available to meet the County’s current and future needs. 3 Management’s Discussion and Analysis (Continued) • Unreserved fund balance for the General Fund increased by 19.3 percent to $489.0 million; approximately 63.7 percent of total General Fund expenditures. In accordance with Arizona Revised Statutes (A.R.S.), this entire amount is budgeted to be spent in the next fiscal year. A.R.S. §42-17151 requires that total estimated sources of revenue must equal the total estimated expenditures in the budget for the current fiscal year. In addition, A.R.S. §42-17102 stipulates that the estimated expenditures may include an amount for unanticipated contingencies or emergencies. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the County’s basic financial statements. The County’s basic financial statements consist of three components: 1) Government-wide financial statements, 2) Fund financial statements, and 3) Notes to the basic financial statements. Required Supplementary Information is included in addition to the basic financial statements. The Combining and Individual Fund Statements and Schedules – Nonmajor Funds begin on page 90. Government-wide Financial Statements are designed to provide readers with a broad overview of the County’s finances, in a manner similar to private-sector businesses. • The Statement of Net Assets presents information on all County assets and liabilities, with the difference between the two reported as net assets. Over time, increases or decreases in net assets may serve as a useful indicator of whether the financial position of the County is improving or deteriorating. • The Statement of Activities presents information showing how net assets changed during the most recent fiscal year. All changes in net assets are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave). Both of these government-wide financial statements distinguish functions of the County that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a portion of their costs through user fees and charges (business-type activities). The governmental activities of the County include general government; public safety; highways and streets; health, welfare and sanitation; culture and recreation; education; and interest on long-term debt. The County has no business-type activities. Component units are legally separate entities for which the County is considered to be financially accountable. Blended component units, although legally separate entities, are in substance part of the County’s operations. Therefore, data from these units is combined with data of the primary government. Discretely presented component units, on the other hand, are reported in a separate column in the government-wide financial statements to emphasize they are legally separate from the County. The Maricopa County Flood Control District, Maricopa County Library District, Maricopa County Public Finance Corporation, Maricopa County Special Assessment Districts, Maricopa County Stadium District, and the Maricopa County Street Lighting Districts are reported as blended component units. The Housing Authority of Maricopa County is reported as a discretely presented component unit. The Government-wide financial statements can be found on pages 19-21 of this report. Fund Financial Statements are groupings of related accounts that are used to maintain control over resources that have been segregated for specific activities or objectives. The County, like other state and local governments, uses fund accounting to ensure and demonstrate finance-related legal compliance. All of the funds of the County can be divided into three categories: governmental funds, proprietary funds and fiduciary funds. 4 Management’s Discussion and Analysis (Continued) • Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental funds financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a county’s nearterm financing requirements. Governmental funds include the general, special revenue, debt service, and capital projects funds. Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental funds Balance Sheet and the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The County reports four major governmental funds. Information is presented separately in the governmental funds Balance Sheet and in the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund, Detention Operations Fund, County Improvement Debt Fund, and General Fund County Improvements Fund. Data from the other governmental funds (nonmajor) are combined into a single, aggregated presentation. Individual fund data for each of these nonmajor governmental funds is provided in the form of combining statements, which begin on page 90 of this report. The governmental funds financial statements can be found on pages 22-26 of this report. • Proprietary funds are used to account for the County’s internal service funds. Internal service funds are an accounting device used to accumulate and allocate costs internally among the County’s various functions. The County uses internal service funds to account for its equipment services, telecommunications, reprographics, risk management, employee benefits trust, and sheriff warehouse functions. Because these services predominantly benefit governmental rather than business-type functions, they have been included within governmental activities in the governmentwide financial statements. The County’s internal service funds are combined into a single, aggregated presentation in the proprietary funds financial statements. Individual fund data for the internal service funds is provided in the form of combining statements, which begin on page 230 of this report. The proprietary fund financial statements can be found on pages 28-30 of this report. • Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statements because the resources of those funds are not available to support the County’s own programs. The accounting used for fiduciary funds is much like that used for proprietary funds. The fiduciary funds financial statements can be found on pages 32-33 of this report. Notes to the Financial Statements provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements. The notes can be found on pages 37-70 of this report. Required Supplementary Information is presented concerning the County’s General Fund and Detention Operations Fund. A budgetary comparison schedule has been provided for both of these funds to demonstrate compliance with budget and additional information is provided by the Note to Budgetary Comparison Schedules. Also presented is the schedule of funding progress for the County’s two agent 5 Management’s Discussion and Analysis (Continued) retirement plans and infrastructure assets reported using the modified approach. Required supplementary information can be found on pages 73-79 of this report. Government-wide Financial Analysis Net Assets Net assets may serve over time as a useful indicator of a government’s financial position. The following table reflects the condensed Statement of Net Assets of the County for June 30, 2010, as compared to the prior year. Statement of Net Assets As of June 30 (in millions) Governmental Activities 2010 Current and other assets Capital assets Total assets Current liabilities Long-term liabilities Total liabilities Net assets Invested in capital assets, net of related debt Restricted Unrestricted Total net assets * 2009* % Chg P/Y $ 1,810.5 3,021.3 4,831.8 $ 1,713.5 2,869.0 4,582.5 5.7% 5.3 5.4 189.5 341.5 531.0 180.1 374.1 554.2 2,851.1 2,686.7 6.1 601.1 848.6 $ 4,300.8 565.2 776.4 $ 4,028.3 6.4 9.3 6.8 5.2 (8.7) (4.2) Net assets and capital assets amounts for fiscal year 2009 were restated for various capital asset adjustments related to the prior period. See Note 3 – Beginning Balances Restated for additional information. By far, the largest portion - $2.9 billion or 66.3 percent - of the County’s net assets reflects the investment in capital assets (e.g., land, buildings and improvements, machinery and equipment, infrastructure and construction in progress), less accumulated depreciation and any related debt used to acquire those assets that is still outstanding. Net assets invested in capital assets increased by $164.4 million due to an increase in net capital assets of $152.4 million and a decrease in capital related debt, net of unspent proceeds, of $12.0 million. The change in capital related debt, net of proceeds, included a decrease in capital related debt of $49.3 million and a decrease in unspent proceeds of $37.3 million. The decrease in capital related debt was mainly a result of the early payment of several capital lease agreements totaling $24.7 million as well as the payment of regularly scheduled debt payments. The decrease in unspent proceeds is a result of capital spending on projects funded by the Lease Revenue Bond, Series 2007A. The large increase in capital assets is mainly attributed to an increase in construction in progress, land, and infrastructure of $123.6, $50.5 and $41.1 million, respectively. These increases were offset by an increase in accumulated depreciation for buildings, equipment and infrastructure of $53.2 million. The increase in construction in progress is primarily due to the Criminal Court Tower Project, for which the County expended $93.1 million during fiscal year 2010. The increase in land and infrastructure is due to an increase in Transportation infrastructure-related land and infrastructure assets of $47.3 and $41.2 million, respectively. The County uses capital assets to provide services to its citizens; consequently, these assets are not available for future spending. Although the County’s investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. 6 Management’s Discussion and Analysis (Continued) The second component of the County’s total net assets, $601.1 million or approximately 14.0 percent, represents resources that are subject to external restrictions on how they may be used. This component increased by $35.9 million from the prior year. The final component consists of unrestricted net assets, $848.6 million or 19.7 percent, and may be used to meet the County’s ongoing obligations. Unrestricted net assets increased from fiscal year 2009 by $72.2 million. Both the increases in the restricted and unrestricted net assets can be attributed to revenues exceeding expenses for the fiscal year. Although the economic environment is still in a decline, with less revenue collected than the prior year, the County was able to ensure that expenses did not exceed revenues by employing a conservative approach to forecasting and budgeting. The County minimized the negative impact of the economy by utilizing budget balancing tactics, while still providing the citizens with mandated services. Changes in Net Assets As discussed previously, the County’s total net assets of $4.3 billion increased by $272.5 million as reported in the Statement of Activities. The following table reflects the condensed Statement of Activities of the County for the fiscal year 2010 compared to the prior year and indicates the changes in net assets for governmental activities: Governmental Activities 2010 2009* Revenues: Program revenues: Charges for services Operating grants and contributions Capital grants and contributions $ 269.0 255.6 95.3 $ 287.8 229.0 124.2 General revenues: Taxes Other Total Revenues 1,207.3 36.3 1,863.5 1,219.8 52.4 1,913.2 (1.0) (30.7) (2.6) Expenses: General government Public safety Highways and streets Health, welfare and sanitation Other** Total Expenses 235.2 888.9 83.2 331.3 52.3 1,590.9 174.7 984.6 90.3 403.8 59.8 1,713.2 34.7 (9.7) (7.8) (17.9) (12.7) (7.1) 272.5 4,028.3 $4,300.8 200.0 3,828.3 $4,028.3 36.3 5.2 6.8 Change in net assets Net assets – beginning, as restated Net assets – ending * ** % Chg P/Y (6.5)% 11.6 (23.3) Net assets for fiscal year 2009 were adjusted by ($17.5) million for various capital asset adjustments related to the prior period. See Note 3 – Beginning Balances Restated for additional information. The functions of culture and recreation, and education along with interest on long-term debt are shown in the condensed Statement of Activities above as other expenses. One of the main differences a reader will see between the governmental funds reported in the fund financial statements and the Statement of Activities is that governmental funds in the fund financial statements report capital outlays as expenditures. However, in the Statement of Activities the cost of those assets is reported as a capital asset and the expense of those assets is allocated over their estimated useful lives and reported as depreciation expense. Capital outlay expenditures exceeded depreciation expense in the current period by $119.9 million. This increase is offset by disposals and other miscellaneous capital asset transactions, such as donations, totaling $32.8 million. 7 Management’s Discussion and Analysis (Continued) In the government-wide Statement of Activities, the significant revenues reported included taxes (Countylevied, general sales, and vehicle license taxes), charges for services, and operating grants, which represent 64.8, 14.4 and 13.7 percent, respectively, of total governmental activities revenues for fiscal year 2010. Tax revenues in total decreased by $12.5 million from the prior year. All tax revenues, with the exception of property taxes, decreased from the prior year, which is a result of the economic environment. In fiscal year 2010, property tax revenue continued to increase from the prior year even with the continued decline in housing values as there is a lag period between the actual decline in market value and when that decline is recognized for the assessed valuation used for the property tax rate and levy. The increase in property taxes of $36.2 million in fiscal year 2010 was offset by decreases in sales taxes, other County-levied taxes, and vehicle license taxes of $28.6, $10.4, and $9.6 million, respectively. Although tax revenues continued to decline in fiscal year 2010, the decline appears to be slowing down with a total decrease in the decline of $50.6 million from fiscal year 2009. Charges for services revenue decreased $18.8 million from the prior year primarily from a decrease in intergovernmental charges for services related to a decrease in jail per diem revenues of $4.6 million and Air Quality Fees revenue of $5.8 million. The decrease in jail per diem can be attributed to a decrease in bookings and inmate housing days in the County detention facilities. Air Quality fees revenue decreased due to economic construction slowdown. Operating grants revenue increased $26.6 million from the prior year primarily from an increase in federal grant monies from the American Recovery and Reinvestment Act. Tax and other operating revenues provide the principal support for the functions of the County, which include general government; public safety; highways and streets; health, welfare and sanitation; culture and recreation; and education. Total expenses decreased $122.3 million or 7.1 percent from the prior fiscal year. The most significant fluctuations were in the general government, public safety; and health, welfare and sanitation functions, with net changes of $60.6, ($95.8), and ($72.4) million, respectively. The increase in general government is primarily attributed to the following: $9.1 million in additional grant expenses as a result of funding received from the American Recovery and Reinvestment Act, $18.6 million due to an increase in incurred but not reported claims estimated in the Risk Management Fund for estimated claim payouts, and $19.0 million in mandated payments to the State of Arizona General Fund. The decrease in public safety expenses is partially due to the payment in fiscal year 2009 to the State Budget Neutrality Compliance Fund payment of $24.2 million, which was not paid in fiscal year 2010. In addition, expenses in the Planning and Development Fees Fund decreased from the prior year by $4.7 million due to the decrease in demand for their services due to the economy. The remaining decrease was primarily due to planned budgeted reductions in personnel and other costs in response to the economy. The decrease in health, welfare, and sanitation expenses is due to a decrease in ALTCS and AHCCCS contributions of $78.1 million from a reduction of planned contributions from the prior year of $42.0 million and a refund of contributions of $36.1 million, which are both a result of the fiscal year 200809 Federal Medical Assistance Percentages (FMAP) stimulus monies. Financial Analysis of the County’s Funds As noted earlier, the County uses fund accounting to ensure and demonstrate compliance with financerelated legal requirements. Governmental Funds. Governmental activities are contained in the general, special revenue, debt service, and capital projects funds. The focus of the County’s governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the County’s financing requirements. In particular, unreserved fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. 8 Management’s Discussion and Analysis (Continued) As of June 30, 2010, the governmental funds reported combined fund balances of $1,517.7 million and an increase in fund balance of $93.0 million over the prior fiscal year. Approximately 97.0 percent of the combined fund balances or $1,477.8 million is available to meet the County’s current and future needs (unreserved fund balance). The remaining fund balance is reserved for inventories, intergovernmental loans, advances and debt service. The following funds are the County’s major governmental funds: General Fund The General Fund is the County’s primary operating fund. At the end of the current fiscal year, unreserved fund balance of the General Fund was $489.0 million, while total fund balance was $509.5 million. This represents an increase in the unreserved fund balance from the prior year of $79.0 million, or 19.3 percent. As a measure of the General Fund’s liquidity, it may be useful to compare both unreserved fund balance and total fund balance to the total fund expenditures. Unreserved fund balance represents 63.7 percent of the total fiscal year 2010 General Fund expenditures, while total fund balance represents 66.4 percent of that same amount. These ratios indicate a strong fund balance position in comparison to expenditures. During fiscal year 2010, the General Fund experienced a total increase in fund balance of $78.6 million, which is due to revenues exceeding expenditures. While revenues decreased $1.8 million from the prior fiscal year, expenditures decreased significantly with a total decrease of $112.8 million, resulting in a net increase in fund balance for the General Fund. Although total revenues decreased by only $1.8 million, tax revenues increased $40.1 million, but were offset by a decrease in intergovernmental revenues of $35.7 million. The increase in taxes is from property tax revenue, which has continued to increase even in the declining economic environment due to the lag period between the actual decline in market value and when that decline is recognized for the assessed valuation used for the property tax rate and levy. Intergovernmental revenue reported in the General Fund is primarily comprised of state shared sales tax and vehicle license tax, which due to the economy, have continued to decline over the past several fiscal years and decreased $28.6 and $9.6 million, respectively, from the prior fiscal year. As stated above, the increase in fund balance can be attributed to a decrease in expenditures of $112.8 million. This decline is primarily a result of a decrease in ALTCS and AHCCCS contributions of $78.1 million as a result of FMAP stimulus monies (see page 8). The remaining decreases in the General Fund are a result of planned budgeted expenditure decreases as part of budget balancing initiatives. Detention Operations Fund The Detention Operations Fund is a special revenue fund that was established under the authority of propositions 400 and 401, which were passed in the General Election of November 3, 1998. These propositions authorized a temporary 1/5 of one-cent sales tax to be used for the construction and operation of adult and juvenile detention facilities. On November 5, 2002, the voters approved the extension of the 1/5 of one-cent sales tax in the General Election to be used for jail facility operations. The extension begins in the month following the expiration of the original tax and may continue for not more than twenty years after the date the tax collection begins. The Detention Operations Fund accounts for the jail tax revenue along with transfers from the General Fund for maintenance of effort (MOE). The MOE transfer from the General Fund is used to support the jail detention operations. Arizona Revised Statutes require the County to calculate the maintenance of effort transfer on an annual basis. The Detention Operations Fund transfers monies to the Detention Capital Projects Fund for the construction of the jail facilities. At the end of the current fiscal year, total fund balance of the Detention Operations Fund was $220.6 million, of which more than 99 percent is unreserved. This was an increase in total fund balance of $29.9 million, or 15.6 percent, from the prior fiscal year. Although the fund had more expenditures than revenues by $142.1 million, the increase in fund balance can be attributed to net transfers of $172.1 million, which represented a net increase in transfers of $3.0 million over the prior year. Transfers from the General Fund for maintenance of effort were $174.2 million while transfers to the Detention Capital Projects Fund were $2.1 million. The amount to be transferred to the Detention Capital Projects Fund for any given year is determined through the budget planning process. 9 Management’s Discussion and Analysis (Continued) County Improvement Debt Fund The County Improvement Debt Fund is a debt service fund that accounts for the debt service on the Lease Revenue Bonds, Series 2001; the Lease Revenue Refunding Bonds, Series 2003; Lease Revenue Bonds, Series 2007A; Lease Revenue Refunding Bonds, Series 2007B; and other long-term obligations. At the end of the current fiscal year, unreserved fund balance of the County Improvement Debt Fund was $1.7 million, while total fund balance was $8.9 million, which is a decrease of $6.9 million from the prior fiscal year. The decrease in fund balance is attributed to the continued payment of debt service obligations. As no new debt issuances occurred during the fiscal year, the primary activity in this fund is debt service payments. General Fund County Improvements Fund The General Fund County Improvements Fund is a capital projects fund that accounts for capital projects funded by transfers from the General Fund. Projects that are currently funded include justice, administrative and parks facilities. At the end of the current fiscal year, fund balance of the General Fund County Improvements Fund was $387.5 million, all of which is unreserved. The fund balance in this fund decreased $32.3 million from the prior fiscal year, which is attributed to an increase in capital outlay expenditures of $35.9 million. The increase in capital outlay is a result of expenditures incurred for the Criminal Court Tower project of $44.9 million in fiscal year 2010. General Fund Budgetary Highlights The difference between the original budget and the final amended budget for the General Fund resulted in an increase in revenues of $4.9 million and an increase in expenditures of $2.6 million. The increase in budgeted revenues and increase in budgeted expenditures was primarily a result of the County receiving additional funding from the State to accommodate the increased cost of early balloting and the special State sales tax election. A significant favorable expenditure variance, as compared to the budget, was incurred in the General Government Department (general government function) and Health Care Programs Department (health, welfare, and sanitation function) of $159.2 million and $85.9 million, respectively. These savings were a result of the General Government Department’s less than anticipated spending from the contingency and reserve funds and the Health Care Program Department’s reduction in contributions to and reimbursements from the Arizona Long Term Care System and the Arizona Health Care Cost Containment System. None of the variances between the budget and actual amounts were significant enough to affect the County’s ability to provide future services. Capital Assets and Long-Term Liabilities Capital Assets The County’s capital assets balance as of June 30, 2010, was $3.0 billion (net of accumulated depreciation). Capital assets include land, buildings and improvements, infrastructure, machinery and equipment, and construction in progress. The County reports infrastructure assets, which consist of the Flood Control District and Transportation Department infrastructure, in the government-wide financial statements in accordance with GASB Statement No. 34. Additional information regarding infrastructure assets can be found in the Notes to the Financial Statements (Note 1 – Summary of Significant Accounting Policies and Note 11 – Capital Assets). The Flood Control District infrastructure assets consist of drainage systems, dams, flood channels and canals. Flood Control infrastructure is reported using the depreciation approach and the County uses the straight-line method of depreciation on these assets. At June 30, 2010, Flood Control District infrastructure-related assets consisted of land, infrastructure and construction in progress of $243.5, $235.3, and $158.8 million, respectively, net of any related accumulated depreciation. The Transportation Department infrastructure assets consist of a roadway system and a bridge system. Both systems are reported under the modified approach, which means the County will maintain the assets using an asset management system and will document that the infrastructure assets are being 10 Management’s Discussion and Analysis (Continued) preserved at the established condition level. During fiscal year 2010, the condition level of both systems was within the established condition level. Actual maintenance/preservation costs varied by $6,578,462 and $763,257 from the estimated costs for the roadway and bridge system, respectively. Roadway and Bridge System maintenance is predicated by the Federal clearance process, additionally, projects were met with environmental delays in fiscal year 2010. As a result preservation and maintenance projects were delayed for several months and funds will rollover to fiscal year 2011. See Required Supplementary Information on page 79 for additional information. At June 30, 2010, Transportation Department infrastructure-related assets consisted of land, infrastructure and construction in progress of $292.9, $666.4, and $42.3 million, respectively. Capital assets for governmental activities are presented below (in millions) to illustrate changes from the prior year: Governmental Activities 2009* 2010 Land Infrastructure Buildings and improvements (net of accumulated depreciation) Machinery and equipment (net of accumulated depreciation) Construction in progress Infrastructure (net of accumulated depreciation) $ Totals $ 667.3 666.4 $ $ Change 616.8 625.3 % Change $50.5 41.1 8.2% 6.6 1,084.1 1,121.8 (37.7) (3.4) 88.1 352.7 108.9 229.1 (20.8) 123.6 (19.1) 54.0 (4.3) (2.6) 162.8 3,021.4 $ 167.1 2,869.0 152.4 5.3 * The capital asset amounts for fiscal year 2009 were restated for various prior period corrections. See Note 3 – Beginning Balances Restated for additional information. Capital assets, net of accumulated depreciation, increased by $152.4 million, or 5.3 percent, from the prior year. The most significant impact on the increase in capital assets for the fiscal year ended June 30, 2010, was in the increase in infrastructure-related capital assets, which accounted for $112.5 million of the total increase from the prior year. During fiscal year 2010, Transportation Department and Flood Control District infrastructure assets changed $106.6 and $6.0 million, respectively, from the prior year and accounted for changes in land, construction in progress, and non-depreciable infrastructure of $48.2, $22.6 and $41.7 million, respectively. In addition, non-infrastructure-related construction in progress increased significantly due to the Criminal Court Tower Project, which had expenditures of $93.1 million during fiscal year 2010. The decreases noted in buildings and improvements and machinery and equipment are due to annual depreciation expense charged to those asset categories. Long-Term Liabilities Maricopa County has the following bond ratings: Debt Instrument & Rating Agency Rating Date Awarded General Obligation Bonds (implied or issuer credit rating) Fitch Ratings AAA April 2007 Standard & Poor's AAA August 2007 Moody's Investor Services Aa1 April 2009 Lease Revenue Bonds Fitch Ratings AA+ April 2007 Standard & Poor's AA+ April 2007 Moody's Investor Services Aa2 April 2009 Certificates of Participation Fitch Ratings AA+ April 2007 Moody's Investor Services Aa3 April 2009 11 Management’s Discussion and Analysis (Continued) At June 30, 2010, the County had total long-term liabilities (noncurrent liabilities due within one year and more than one year) outstanding of $341.5 million, which represents a $32.6 million decrease from the prior year balance of $374.1 million. The majority of the $32.6 million decrease is attributable to a net increase of debt service payments made during fiscal year 2010 for lease revenue bonds ($10.6 million), Stadium District revenue bonds ($3.3 million), capital leases ($36.1 million), and reported and incurred but not reported claims of $25.0 million. The largest components of long-term liabilities at June 30, 2010, consisted of lease revenue bonds - $153.3 million, Stadium District revenue bonds - $37.9 million, capital leases - $15 million, and reported claims and incurred but not reported claims - $98.9 million. Lease revenue bonds applicable to governmental activities are paid from the County Improvement Debt Fund (debt service fund) which is funded by transfers from the General Fund and is predominately unrestricted. At June 30, 2010, the fund balance in the County Improvement Debt Fund to pay future liabilities was $8.9 million. Stadium District revenue bonds are special obligations of the District. The bonds are payable solely from pledged revenues, consisting of car rental surcharges levied and collected by the Stadium District pursuant to A.R.S. §48-4234. On June 5, 2002, the Stadium District issued revenue refunding bonds in the amount of $58,225,000 (par value) of which $37,905,000 remains outstanding. Capital leases applicable to governmental activities of $15.0 million have been entered into for various lease-purchase agreements, which are callable at par plus accrued interest. The decrease of $36.2 million from the prior year is primarily related to the early payoff of various capital leases. Reported and incurred but not reported claims applicable to governmental activities of $98.9 million are reported in the Risk Management and Employee Benefits Trust funds (internal service funds). This is an increase of $25 million from the prior year primarily related to actuarial estimates for the County’s selfinsured portion of future claims for general litigation related to torts; thefts of, damage to, and destruction of assets; errors and omissions; injuries to employees; natural disasters; and certain health benefits that are paid through the operations of the funds. Additional information regarding long-term liabilities can be found in the Notes to Financial Statements (Note 13 – Long-Term Liabilities and Note 17 – Risk Management). Economic Factors and Next Year’s Budget and Rates • Although the recession has ended, it will take Arizona three to four years to return to prerecession levels of economic activity and four to five years to once again be among the national leaders in growth (http://knowledge.wpcarey.asu.edu). • The population in Maricopa County continues to grow, even though Arizona’s economy has faltered. The Arizona Department of Commerce reports that Maricopa County’s population increased by 0.9 percent from fiscal year 2008 to 2009 (www.azcommerce.com). The unemployment rate in Maricopa County, according to Arizona Workforce, in October 2010 was 8.5 percent, which remains below both the state average of 9.5 percent and national average of 9.6 percent (www.workforce.az.gov). • As reported by the Arizona Department of Commerce, Maricopa County’s population increased 31.0 percent from July 1, 2000 to July 1, 2009, which is higher than the United States’ overall population increase of 8.8 percent for the same time period (www.azcommerce.com). As part of the annual budget planning process, the County’s Office of Management and Budget developed a financial forecast to assist in both short and long range financial planning. This forecast provides a conservative estimate of the County’s fiscal condition through the next five years given a realistic economic forecast, current County policies and existing laws. The forecast was instrumental in the determination of the fiscal year 2011 budget and tax rate, which took into account several significant trends: • Assessed property tax values are estimated to decline by almost $15 billion by fiscal year 2013. 12 Management’s Discussion and Analysis (Continued) • State Shared Sales Tax, Vehicle License Tax, Highway User Revenues and County Jail Excise Tax revenues begin to increase or are at least expected to remain flat in fiscal year 2010-11 after three years of decline. However, annual collections generally do not regain the peak levels of 2004-2006 until after fiscal year 2015. • Staggering State budget deficits continue to pose a significant risk to Maricopa County’s fiscal stability. The forecast assumes continuation of the $28.6 million fiscal year 2011 mandated contribution to the State, along with sizable increases in mandated healthcare contributions, in particular for the ALTCS program. At the end of the fiscal year, unreserved fund balance for the General Fund was $489.0 million, or 63.7 percent of total General Fund expenditures. Unreserved fund balance increased by 19.3 percent from the prior year. This is due to actual revenues in excess of actual expenditures. In accordance with Arizona Revised Statutes (A.R.S.), the entire amount will be budgeted in the next fiscal year. A.R.S. §42-17151 requires that total estimated sources of revenue must equal the total estimated expenditures in the budget for the current fiscal year. The estimated expenditures may include an amount for unanticipated contingencies or emergencies, per A.R.S. §42-17102. Request for Information This financial report is designed to provide our citizens, taxpayers, customers, investors and creditors with a general overview of the County’s finances and to demonstrate the County’s accountability for the money it receives. If you have any questions about this report or need additional financial information, please contact Maricopa County Department of Finance, 301 W. Jefferson, Suite 960, Phoenix, AZ 85003, or at www.maricopa.gov. 13 14 Financial Section Basic Financial Statements Basic Financial Statements Maricopa County Definitions of Government-wide Financial Statements and Listing of Major Funds Government-wide Financial Statements The Statement of Net Assets presents information on all of Maricopa County’s assets and liabilities, with the difference between the two reported as net assets. The Statement of Activities presents information showing how the government’s net assets changed during the most recent fiscal year. All changes in net assets are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Major Funds General Fund – is the County’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. Special Revenue Funds Detention Operations Fund – was established under the authority of propositions 400 and 401, which were passed in the General Election of November 3, 1998. These propositions authorized a temporary 1/5 of one-cent sales tax to be used for the construction and operation of adult and juvenile detention facilities. On November 5, 2002, the voters approved the extension of the 1/5 of one-cent sales tax in the General Election to be used for jail facility operations. The extension begins in the month following the expiration of the original tax and may continue for not more than twenty years after the date the tax collection begins. The Detention Operations Fund accounts for the receipt of tax revenue, jail operations expenditures, and transfers to the Detention Capital Projects Fund for construction of the adult and juvenile detention facilities. Debt Service Funds County Improvement Debt Fund – accounts for the debt service on the Lease Revenue Bonds, Series 2001; the Lease Revenue Refunding Bonds, Series 2003; Lease Revenue Bonds, Series 2007A; Lease Revenue Refunding Bonds, Series 2007B; and other long-term obligations. Capital Projects Funds General Fund County Improvements Fund – was established to fund current and future capital projects. Fund assets may be used to pay directly for capital projects or may be appropriated by the Board of Supervisors for debt service. None of the funds has been pledged for debt service, and fund assets may be transferred by the Board of Supervisors at any time for any other County purpose. 17 18 Maricopa County Statement of Net Assets June 30, 2010 ASSETS Cash in bank and on hand Cash and investments held by County Treasurer Receivables (net of allowances for uncollectibles) Due from other governmental units Inventories Prepaids Deferred costs Miscellaneous Intergovernmental loans Cash and investments held by trustee – restricted Capital assets: Land Buildings and improvements Machinery and equipment Infrastructure – nondepreciable Infrastructure – depreciable Construction in progress Less: accumulated depreciation Total assets LIABILITIES Accounts payable Accrued liabilities Employee compensation payable Interest payable Unearned revenue Due to other governmental units Deposits held for other parties Noncurrent liabilities: Due within one year Due in more than one year Total liabilities NET ASSETS Invested in capital assets, net of related debt Restricted for: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service Unrestricted Total net assets PRIMARY GOVERNMENT COMPONENT UNIT Governmental Activities Housing Authority $ 1,753,980 1,549,330,513 27,764,148 158,469,166 9,825,907 1,265,817 3,415,963 2,252,219 15,467,006 40,991,580 $ 3,066,611 225,393 111,023 59,518 2,357,516 667,294,295 1,437,998,557 285,185,718 666,430,012 235,265,872 352,659,181 (623,458,201) 4,021,695 43,406,413 769,909 111,582 (29,514,433) 4,831,911,733 24,615,227 81,982,015 8,043,893 72,024,795 3,721,345 22,428,230 6,000 1,327,236 223,994 120,546 28,163 14,770 146,140 77,476,009 264,058,233 531,067,756 1,031,200 2,851,126,451 18,795,166 5,238,231 432,259,774 80,711,191 17,346,882 43,346,338 5,471,993 16,791,443 848,551,674 $ 4,300,843,977 2,021,691 The notes to the financial statements are an integral part of this statement. 19 497,587 2,767,170 $ 23,584,027 Maricopa County Statement of Activities For the Fiscal Year Ended June 30, 2010 Program Revenues Expenses Functions/Programs Primary government: Governmental activities: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Interest on long-term debt Total governmental activities Total primary government 235,215,523 888,875,706 83,230,341 331,333,847 37,933,317 8,234,785 6,123,987 1,590,947,506 $ $ 1,590,947,506 $ 268,951,304 Component unit: Housing Authority $ $ 1,200,462 $ 19,873,090 General revenues: Taxes: Property taxes, levied for general purposes Property taxes, levied for Flood Control District Property taxes, levied for Library District Share of state sales taxes Sales tax – Jail construction and operation Surcharge tax – Stadium District Share of state vehicle license tax Grants and contributions not restricted to specific programs Unrestricted investment earnings Miscellaneous Total general revenues Change in net assets Net assets beginning, as restated Net assets, ending The notes to the financial statements are an integral part of this statement. 20 Operating Grants and Contributions Charges for Services 26,983,394 154,380,972 26,534,563 46,903,563 13,230,460 918,352 $ 268,951,304 19,264,606 34,798,962 85,294,868 110,453,243 80,811 5,732,932 Capital Grants and Contributions $ 11,870,285 83,398,684 255,625,422 95,268,969 $ 255,625,422 $ 95,268,969 $ 18,134,365 $ 1,589,936 Net (Expense) Revenue and Changes in Net Assets Primary Government Component Unit Governmental Activities Housing Authority $ (188,967,523) (687,825,487) 111,997,774 (173,977,041) (24,622,046) (1,583,501) (6,123,987) (971,101,811) (971,101,811) $ 1,051,673 519,651,976 72,753,878 20,482,122 366,285,237 107,094,680 4,668,705 116,405,328 2,652,085 21,884,398 11,756,381 1,243,634,790 6,194 665,431 671,625 272,532,979 4,028,310,998 1,723,298 21,860,729 $ 4,300,843,977 $ 23,584,027 21 Maricopa County Balance Sheet Governmental Funds June 30, 2010 Detention Operations General ASSETS Cash in bank and on hand Cash and investments held by County Treasurer Receivables Due from other funds Due from other governmental units Inventories Miscellaneous Intergovernmental loans Advances to other funds Cash and investments held by trustee - restricted Total assets LIABILITIES AND FUND BALANCES Liabilities: Accounts payable Employee compensation payable Accrued liabilities Due to other funds Due to other governmental units Interest payable Bonds and certificates of participation payable Special assessment debt with governmental commitment Advances from other funds Deferred revenue Deposits held for other parties Total liabilities $ 102,520 425,305,871 20,823,758 8,264,505 74,776,599 5,080,964 424,062 15,467,006 12,167 $ $ 550,257,452 $ 231,810,424 $ $ $ 17,275,874 4,649,823 515,493 $ 9,260,615 1,918,349 299 $ 1,115,898 1,314 20,923,763 133,983 997,841 12,814,135 22,359,943 36,291,290 3,537,054 11,635,000 18,292,462 Fund balances: Reserved for: Inventories Intergovernmental loans Debt service Unreserved, reported in: General fund Special revenue funds Capital projects funds Debt service funds Total fund balances Total liabilities and fund balances 350 209,375,285 379,202 County Improvement Debt 12,235,010 40,733,652 11,179,263 5,080,964 15,433,000 133,983 27,407,064 7,187,889 489,009,836 220,497,178 1,696,337 509,523,800 $ 550,257,452 220,631,161 $ 231,810,424 8,884,226 $ 36,291,290 Amounts reported for governmental activities in the Statement of Net Assets are different because: Capital assets used in governmental activities are not financial resources and therefore, are not reported in the funds. Some receivables are not available to pay for current period expenditures and therefore, are deferred in the funds. Internal service funds are used by management to charge the costs of equipment services, telecommunications, reprographics, risk management, employee benefits, and the sheriff warehouse to individual funds. The assets and liabilities of the internal service funds are included in governmental activities in the Statement of Net Assets. Some long-term liabilities and compensated absences are not due and payable shortly after June 30, 2010, and therefore, are not reported in the funds. Net assets of governmental activities The notes to the financial statements are an integral part of this statement. 22 General Fund County Improvements $ Other Governmental Funds $ 399,887,562 517,222 1,269,840 386,976,647 4,575,908 Total Governmental Funds $ 49,954,669 2,543,303 830,316 $ 400,404,784 $ $ 12,890,927 $ 18,631,637 464,782,320 38,703,515 1,811,011 4,278,801 7,439,014 6,000 6,717 $ $ 16,813 12,167 19,989,769 1,327,236 73,591,043 12,890,927 2,543,303 78,130,931 8,379,183 4,794,593 7,439,014 6,000 3,543,771 11,635,000 16,813 12,167 50,517,241 1,327,236 165,801,949 7,758,250 15,433,000 16,791,443 9,603,554 $ 1,372,710 1,422,661,263 26,297,404 8,264,505 158,469,166 7,758,250 2,252,219 15,467,006 12,167 40,991,580 1,683,546,270 387,513,857 188,467,013 190,577,407 489,009,836 408,964,191 578,091,264 1,696,337 387,513,857 391,191,277 1,517,744,321 400,404,784 $ 464,782,320 3,018,066,887 28,089,011 25,304,207 (288,360,449) $ 4,300,843,977 23 Maricopa County Statement of Revenues, Expenditures, and Changes in Fund Balances Governmental Funds For the Fiscal Year Ended June 30, 2010 Detention Operations General County Improvement Debt REVENUES Taxes $ Licenses and permits 512,095,327 $ 107,094,680 $ 2,779,036 Intergovernmental 500,275,582 4,006,872 Charges for services 39,768,046 31,242,010 2,630,623 Fines and forfeits 15,408,818 6,597,259 5,793,102 3,701,825 4,383 276,413 1,082,717,170 146,049,770 2,907,036 Special assessments Interest income Miscellaneous Total revenues EXPENDITURES Current: General government 193,008,447 Public safety 398,329,842 287,784,433 Highways and streets Health, welfare and sanitation 167,657,402 Culture and recreation 690,170 Education 2,312,946 Debt service: Principal 11,635,000 Interest 7,074,110 Other expenditures Capital outlay Total expenditures 5,291,366 363,423 767,290,173 288,147,856 18,709,110 315,426,997 (142,098,086) (15,802,074) 3,338,405 (239,837,008) 174,201,720 (2,069,961) 10,147,283 (1,264,864) (236,498,603) 172,131,759 8,882,419 78,928,394 30,033,673 (6,919,655) 430,965,221 (369,815) 190,776,495 (179,007) 15,803,881 Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances at beginning of year Increase (decrease) in reserve for inventories Fund balances at end of year $ 509,523,800 The notes to the financial statements are an integral part of this statement. 24 $ 220,631,161 $ 8,884,226 General Fund Other Total County Improvements Governmental Funds Governmental Funds $ $ $ 97,614,633 $ 716,804,640 35,717,674 38,496,710 268,714,979 772,997,433 103,815,143 177,455,822 19,743,516 35,152,334 4,377,292 4,377,292 5,124,122 142,683 4,619,294 9,089,182 20,318,913 15,029,350 5,266,805 543,691,713 1,780,632,494 15,836,523 208,844,970 139,298,190 825,412,465 52,572,927 52,572,927 159,279,546 326,936,948 27,430,990 28,121,160 5,371,527 7,684,473 4,279,149 15,914,149 2,172,621 9,246,731 47,401,083 91,580 159,007,154 91,580 212,063,026 47,401,083 565,340,207 1,686,888,429 (42,134,278) (21,648,494) 93,744,065 65,378,784 (55,571,841) 130,430,016 (84,715,841) 383,496,208 (383,459,515) 9,806,943 45,714,175 36,693 (32,327,335) 24,065,681 93,780,758 419,841,192 367,380,370 (254,774) 1,424,767,159 (803,596) 387,513,857 $ 391,191,277 $ 1,517,744,321 25 Maricopa County Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities For the Fiscal Year Ended June 30, 2010 Net change in fund balances – total governmental funds (page 25) $ 93,780,758 Amounts reported for governmental activities in the Statement of Activities on pages 20 – 21 are different because: Governmental funds report capital outlays as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the current period. 119,865,061 The net effect of various miscellaneous transactions involving capital assets (i.e., sales, trade-ins, and donations) is to increase net assets. 32,802,275 Revenues in the Statement of Activities that do not provide current financial resources are not reported as revenues in the funds. 1,626,296 The issuance of long-term debt (e.g., bonds, leases) provides current financial resources to governmental funds, while the repayment of the principal of longterm debt consumes the current financial resources of governmental funds. Neither transaction, however, has any effect on net assets. Also, governmental funds report the effect of issuance costs, premiums, discounts, and similar items when debt is first issued, whereas these amounts are deferred and amortized in the Statement of Activities. This amount is the net effect of these differences in the treatment of long-term debt and related items. 52,503,497 Some expenses reported in the Statement of Activities do not require the use of current financial resources and therefore, are not reported as expenditures in governmental funds. (1,074,159) Internal service funds are used by management to charge the costs of equipment services, telecommunications, reprographics, risk management, employee benefits, and the sheriff warehouse to individual funds. The net revenue of internal service funds is reported with governmental activities. Change in net assets of governmental activities (page 21) The notes to the financial statements are an integral part of this statement. 26 (26,970,749) $ 272,532,979 27 Maricopa County Statement of Net Assets Proprietary Funds June 30, 2010 Governmental Activities – Internal Service Funds ASSETS Current assets: Cash in bank and on hand $ Cash and investments held by County Treasurer 381,270 126,669,250 Receivables: Accounts 1,299,254 Accrued interest 167,490 Inventories 2,067,657 Prepaids 1,265,817 131,850,738 Total current assets Noncurrent assets: Capital assets: Machinery and equipment 11,467,262 (8,158,715) Less accumulated depreciation 3,308,547 Total noncurrent assets 135,159,285 Total assets LIABILITIES Current liabilities: Accounts payable 3,851,084 Employee compensation payable 3,008,545 Accrued liabilities 3,249,300 Due to other funds 825,491 46,615,373 Liability for reported and incurred but not reported claims (current portion) 57,549,793 Total current liabilities Noncurrent liabilities: 52,305,285 Liability for reported and incurred but not reported claims 52,305,285 Total noncurrent liabilities 109,855,078 Total liabilities NET ASSETS Invested in capital assets Unrestricted $ Total net assets The notes to the financial statements are an integral part of this statement. 28 3,308,547 21,995,660 25,304,207 Maricopa County Statement of Revenues, Expenses, and Changes in Fund Net Assets Proprietary Funds For the Fiscal Year Ended June 30, 2010 Governmental Activities – Internal Service Funds OPERATING REVENUES Charges for services $ Miscellaneous 176,708,405 126,347 176,834,752 Total operating revenues OPERATING EXPENSES Personal services 11,387,759 Supplies 13,969,038 Other services 15,728,867 Legal 4,910,602 Insurance and claims 144,741,386 Leases and rentals 36,667 Repairs and maintenance 5,695,547 Travel and transportation 84,642 Utilities 7,897,520 882,109 Depreciation 205,334,137 Total operating expenses Operating loss (28,499,385) NONOPERATING REVENUES (EXPENSES) Investment income Loss on disposal of capital assets 1,658,826 (54,799) Total nonoperating revenues 1,604,027 Loss before transfers (26,895,358) (75,391) Transfers out Change in net assets (26,970,749) Total net assets – beginning 52,274,956 Total net assets – ending $ 25,304,207 The notes to the financial statements are an integral part of this statement. 29 Maricopa County Statement of Cash Flows Proprietary Funds For the Fiscal Year Ended June 30, 2010 Governmental Activities Internal Service Funds CASH FLOWS FROM OPERATING ACTIVITIES Charges for services Other receipts Payments for goods and services Payments for personal services Net cash used for operating activities $ 176,649,270 126,347 (168,536,895) (9,142,970) (904,248) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Loan payments to General Fund Net cash used for noncapital financing activities (15,164) (15,164) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition of capital assets Net cash used for capital and related financing activities (736,199) (736,199) CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends Net cash provided by investing activities 1,744,837 1,744,837 Net increase in cash and cash equivalents 89,226 126,961,294 Cash and cash equivalents, July 1, 2009 Cash and cash equivalents, June 30, 2010 RECONCILIATION OF OPERATING INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES: Operating loss Adjustments to reconcile operating income to net cash provided by operating activities Depreciation expense Liability for reported and incurred but not reported claims Changes in assets [(increase)/decrease] and liabilities [increase/(decrease)]: Accounts receivable Inventories Prepaids Accounts payable Employee compensation payable Accrued liabilities $ 127,050,520 $ (28,499,385) 882,109 24,993,837 (59,135) (293,860) 103,955 732,125 2,244,789 (1,008,683) $ Net cash used for operating activities SCHEDULE OF NONCASH INVESTING, CAPITAL AND NONCAPITAL FINANCING ACTIVITIES: Accumulated depreciation from disposed capital assets Machinery and equipment disposed Loss on disposal of capital assets Capital assets transferred from governmental activities Capital assets transferred to governmental activities Transfer out capital assets to governmental activities Accumulated depreciation transferred from governmental activities $ (904,248) 144,154 (198,953) 54,799 83,894 (38,698) 38,698 (83,894) The notes to the financial statements are an integral part of this statement. 30 31 Maricopa County Statement of Fiduciary Net Assets Fiduciary Funds June 30, 2010 Investment Trust Fund Agency Fund Assets Cash in bank and on hand $ Cash and investments held by County Treasurer $ 76,515,182 $ 76,515,182 $ $ 76,515,182 76,515,182 2,167,013,192 2,640,216 Accrued interest receivable 2,169,653,408 Total assets Liabilities Deposits held for other parties Total liabilities Net Assets Held in trust for investment participants $ 2,169,653,408 The notes to the financial statements are an integral part of this statement. 32 Maricopa County Statement of Changes in Fiduciary Net Assets Fiduciary Funds For the Fiscal Year Ended June 30, 2010 Investment Trust Fund Additions: Contributions from participants $ 13,690,602,478 Investment income: Interest income 20,411,129 4,892,709 Net increase in fair value of investments 25,303,838 Net investment earnings 13,715,906,316 Total additions Deductions: 13,748,998,999 Distributions to participants 13,748,998,999 Total deductions Change in net assets (33,092,683) 2,202,746,091 Net assets – beginning, as restated Net assets – ending $ 2,169,653,408 The notes to the financial statements are an integral part of this statement. 33 34 Financial Section Basic Financial Statements - Notes Basic Financial Statements - Notes Maricopa County Basic Financial Statements – Notes NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES NOTE 2 REPORTING CHANGES NOTE 3 BEGINNING BALANCES RESTATED NOTE 4 RECONCILIATION STATEMENTS NOTE 5 STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY NOTE 6 DEPOSITS AND INVESTMENTS NOTE 7 CONDENSED FINANCIAL STATEMENTS OF COUNTY TREASURER’S INVESTMENT POOL NOTE 8 RECEIVABLES NOTE 9 DUE FROM OTHER GOVERNMENTAL UNITS NOTE 10 INTERGOVERNMENTAL LOANS NOTE 11 CAPITAL ASSETS NOTE 12 CONSTRUCTION AND OTHER SIGNIFICANT COMMITMENTS NOTE 13 LONG-TERM LIABILITIES NOTE 14 MUNICIPAL LANDFILL CLOSURE AND POSTCLOSURE CARE COSTS NOTE 15 MUNICIPAL REVOLVING LINE OF CREDIT AND IRREVOCABLE STANDBY LETTER OF CREDIT NOTE 16 OPERATING LEASES NOTE 17 RISK MANAGEMENT NOTE 18 POLLUTION REMEDIATION OBLIGATIONS NOTE 19 PENSIONS AND OTHER POSTEMPLOYMENT BENEFITS NOTE 20 INTERFUND BALANCES AND ACTIVITY NOTE 21 SUBSEQUENT EVENTS OF GOVERNMENT-WIDE 37 AND FUND FINANCIAL Notes to the Financial Statements (Continued) NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accounting policies of Maricopa County conform to U.S. generally accepted accounting principles applicable to governmental units adopted by the Governmental Accounting Standards Board (GASB). For the year ended June 30, 2010, the County implemented the provisions of GASB Statement No. 51, Accounting and Financial Reporting for Intangible Assets, which establishes accounting and financial reporting requirements for intangible assets. The implementation of this requirement did not have a significant impact on the County, had no affect on reported amounts or footnote disclosures, and did not require retroactive reporting. Also, the County implemented the provisions of GASB Statement No. 53 Accounting and Financial Reporting for Derivative Instruments, which establishes standards for accounting and financial reporting for derivative instruments. However, this reporting requirement did not affect the County’s financial statements since the County does not enter into derivative instruments. A. Reporting Entity Maricopa County is a general purpose local government governed by a separately elected board of five county supervisors. The accompanying financial statements present the activities of the County (the primary government) and its component units. Component units are legally separate entities for which the County is considered to be financially accountable. Blended component units, although legally separate entities, are in substance part of the County’s operations. Therefore, data from these units is combined with data of the primary government. Discretely presented component units, on the other hand, are reported in a separate column in the government-wide financial statements to emphasize they are legally separate from the County. Each blended and discretely presented component unit discussed below has a June 30 year-end. The reporting entity is 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, Maricopa County Street Lighting Districts, and Housing Authority of Maricopa County. The blended component units are as follows: Maricopa County Flood Control District The Maricopa County Flood Control District is a legally separate, tax-levying entity pursuant to A.R.S. §48-3602 that provides flood control facilities and regulates floodplains and drainage to prevent flooding of property in Maricopa County. As the Maricopa County Board of Supervisors serves as the Board of Directors of the Flood Control District, it is able to significantly influence the programs, projects, activities, or level of services provided by the District; therefore, the District is considered a blended component unit of the County. Maricopa County Library District The Maricopa County Library District is a legally separate, tax-levying entity pursuant to A.R.S. §483901 that provides and maintains library services for the residents of Maricopa County. As the Maricopa County Board of Supervisors serves as the Board of Directors of the Library District, it is able to significantly influence the programs, projects, activities, or level of services provided by the District; therefore, the District is considered a blended component unit of the County. 38 Notes to the Financial Statements (Continued) Maricopa County Public Finance Corporation Maricopa County Public Finance Corporation is a nonprofit corporation created by the Maricopa County Board of Supervisors that exists primarily to assist the County in the acquisition, construction, and improvement of County facilities, including real property and personal property. The Board of Directors of the Public Finance Corporation is subject to the approval of the County Board of Supervisors and the corporation exists primarily for the benefit of the County; therefore, the Corporation is considered a blended component unit of the County. The Corporation has issued lease revenue bonds and certificates of participation between Maricopa County and the Corporation. Since this debt is in substance the County’s obligation, these liabilities and resulting assets are reported on the County’s financial statements. Maricopa County Special Assessment Districts The Special Assessment Districts are legally separate entities that provide improvements to various properties within the County. As the Maricopa County Board of Supervisors serves as the Board of Directors of the Maricopa County Special Assessment Districts, it is able to significantly influence the activities or level of services provided by the Districts; therefore, the Districts are considered a blended component unit of the County. Maricopa County Stadium District The Maricopa County Stadium District is a legally separate entity pursuant to A.R.S. §48-4202 that provides regional leadership and fiscal resources to assure the presence of Major League Baseball in Maricopa County. As the Maricopa County Board of Supervisors serves as the Board of Directors of the Stadium District, it is able to significantly influence the programs, projects, activities, or level of services provided by the District; therefore, the District is considered a blended component unit of the County. Complete financial statements for the Maricopa County Stadium District may be obtained at the entity’s administrative office listed below: Maricopa County Stadium District 401 East Jefferson Phoenix, Arizona 85004 www.maricopa.gov/stadiumdistrict 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 Maricopa County Board of Supervisors serves as the Board of Directors of the Maricopa County Street Lighting Districts, the Districts are considered a blended component unit of the County. The discretely presented component unit is as follows: Housing Authority of Maricopa County The Housing Authority is a legally separate entity pursuant to A.R.S. §36-1404 that provides efficient and affordable rental housing to low-income households of Maricopa County. Each member of the Maricopa County Board of Supervisors appoints one member to the Board of Commissioners while the sixth member shall be based on the recommendation of the County Manager and the seventh member shall be appointed by a majority vote of the Maricopa County Board of Supervisors. The County does not have the ability to impose its will on the Housing Authority. The Housing Authority is a discretely presented component unit, as the Maricopa County Board of Supervisors may dissolve the Authority at any time at the sole discretion of the County and, therefore, a financial benefit or burden exists. Complete financial statements for the Housing Authority of Maricopa County may be obtained at the entity’s administrative office listed below: Housing Authority of Maricopa County 2024 North Seventh Street, Suite 201 Phoenix, Arizona 85006 www.maricopahousing.org 39 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 assist in the financing of commercial and industrial enterprises; safe, sanitary, and affordable housing; and healthcare facilities. The Authority fulfills its function through the issuance of tax exempt or taxable revenue bonds. The County Board of Supervisors appoints the Authority’s Board of Directors. The Authority’s operations are completely separate from the County and the County is not financially accountable for the Authority. Therefore, the financial activities of the Authority have not been included in the accompanying financial statements. B. Basis of Presentation The basic financial statements include both government-wide statements and fund financial statements. The government-wide statements focus on the County as a whole, while the fund financial statements focus on major funds. Each presentation provides valuable information that can be analyzed and compared between years and between governments to enhance the usefulness of the information. Government-wide financial statements – provide information about the primary government (the County) and its component units. The statements include a statement of net assets and a statement of activities. These statements report the financial activities of the overall government, except for fiduciary activities. They also distinguish between the governmental and business-type activities of the County and between the County and its discretely presented component units. Governmental activities generally are financed through taxes and intergovernmental revenues. Business-type activities are financed in whole or in part by fees charged to external parties. The County has no business-type activities. The statement of activities presents a comparison between direct expenses and program revenues for each function of the County’s governmental activities. Direct expenses are those that are specifically associated with a program or function and, therefore, are clearly identifiable to a particular function. The County allocates indirect expenses to programs or functions. Program revenues include: • charges to customers or applicants for goods, services, or privileges provided, • operating grants and contributions, and • capital grants and contributions, including special assessments. Revenues that are not classified as program revenues, including internally dedicated resources, unrestricted grant revenues, and all County levied taxes or taxes not levied by the County that are not restricted to a specific program, are reported as general revenues. Generally, the effect of interfund activity has been eliminated from the government-wide financial statements to minimize the double counting of internal activities. However, charges for interfund services provided and used are not eliminated if doing so would distort the direct costs and program revenues reported by the departments concerned. Fund financial statements – provide information about the County’s funds, including fiduciary funds and blended component units. Separate statements are presented for the governmental, proprietary, and fiduciary fund categories. The emphasis of fund financial statements is on major governmental fund, each displayed in a separate column. All remaining governmental funds are aggregated and reported as nonmajor funds. Internal service and fiduciary funds are aggregated and reported by fund type. The County has no enterprise funds. Proprietary fund revenues and expenses are classified as either operating or nonoperating. Operating revenues and expenses generally result from transactions associated with the fund’s 40 Notes to the Financial Statements (Continued) principal activity. Accordingly, revenues, such as user charges, in which each party receives and gives up essentially equal values, are reported as operating revenues. Nonoperating revenues, such as investment income, result from transactions in which the parties do not exchange equal values. Operating expenses include the cost of services, administrative expenses, and depreciation on capital assets. Other expenses, such as interest expense, are considered to be nonoperating expenses. The County reports the following major governmental funds: The General Fund – is the County’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. The Detention Operations Fund – was established under the authority of propositions 400 and 401, which were passed in the General Election of November 3, 1998. These propositions authorized a temporary 1/5 of one-cent sales tax to be used for the construction and operation of adult and juvenile detention facilities. On November 5, 2002, the voters approved the extension of the 1/5 of one-cent sales tax in the General Election. The extension begins in the month following the expiration of the original tax and may continue for not more than twenty years after the date the tax collection begins. The Detention Operations Fund accounts for the jail tax revenue and transfers from the General Fund for maintenance of effort and jail operations expenditures. The Detention Operations Fund transfers monies to the Detention Capital Projects Fund for the construction of the jail facilities. The amount to be transferred to the Detention Capital Projects Fund for any given year is determined through the budget planning process. The County Improvement Debt Fund – accounts for the debt service on the Lease Revenue Bonds, Series 2001; the Lease Revenue Refunding Bonds, Series 2003; Lease Revenue Bonds, Series 2007A; Lease Revenue Refunding Bonds, Series 2007B; and other long-term obligations. The General Fund County Improvements Fund – was established to fund current and future capital projects. Fund assets may be used to pay directly for capital projects or may be appropriated by the Board of Supervisors for debt service. None of the funds has been pledged for debt service, and fund assets may be transferred by the Board of Supervisors at any time for any other County purpose. The County also reports the following fund types: The internal service funds – account for automotive maintenance and service, telecommunications services, printing and duplicating services, insurance services, self-insured employee benefits, and warehouse services provided to County departments or to other governments on a cost reimbursement basis. The investment trust fund – accounts for pooled assets held and invested by the County Treasurer on behalf of other governmental entities. The agency fund – accounts for assets held by the County as an agent for other governments and individuals. C. Basis of Accounting The government-wide, proprietary fund, and fiduciary fund financial statements are presented using the economic resources measurement focus, with exception of the agency fund, and the accrual basis of accounting. The agency fund is custodial in nature and does not have a measurement focus. Revenues are recorded when earned and expenses are recorded at the time liabilities are incurred, regardless of when the related cash flows take place. Property taxes are recognized as revenue in the year for which they are levied. Grants and donations are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. 41 Notes to the Financial Statements (Continued) Governmental funds in the fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Under this method, revenues are recognized when they become both measurable and available. The County considers all revenues reported in the governmental funds to be available if the revenues are collected within 60 days after year-end. The County’s major revenue sources that are susceptible to accrual are property taxes, intergovernmental, charges for services, and investment earnings. Expenditures are recorded when the related fund liability is incurred, except for principal and interest on general longterm debt, claims and judgments, and compensated absences, which are recognized as expenditures to the extent they are due and payable. General capital asset acquisitions are reported as expenditures in governmental funds. Loan proceeds and acquisitions under capital lease agreements are reported as other financing sources. Under the terms of grant agreements, the County funds certain programs by a combination of grants and general revenues. Therefore, when program expenses are incurred, there are both restricted and unrestricted net assets available to finance the program. The County applies grant resources to such programs before using general revenues. The County’s internal service funds and the discretely presented component unit follow FASB Statements and Interpretations issued on or before November 30, 1989; Accounting Principles Board Opinions; and Accounting Research Bulletins, unless those pronouncements conflict with GASB pronouncements. The Housing Authority, the discretely presented component unit, has also chosen to follow FASB Statements and Interpretations issued after November 30, 1989, except for those that conflict with GASB pronouncements D. Cash and Investments For purposes of its statements of cash flows, the County considers only those highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. Nonparticipating interest-earning investment contracts are stated at cost. Money market investments and participating interest-earning investment contracts with a remaining maturity of one year or less at time of purchase are stated at amortized cost. All other investments are stated at fair value. E. Inventories The County accounts for its inventories in the governmental funds using the purchase method. 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 government-wide and the internal service funds financial statements are recorded as assets when purchased and expensed when consumed. The amounts shown on the statement of net assets for government-wide and the internal service funds are valued at cost using first-in, first-out and the moving average method, respectively. F. Property Tax Calendar The County levies real property taxes and commercial personal property taxes on or before the third Monday in August that become due and payable in two equal installments. The first installment is due on the first day of October and becomes delinquent after the first business day of November. The second installment is due on the first day of March of the next year and becomes delinquent after the first business day of May. 42 Notes to the Financial Statements (Continued) During the year, the County also levies mobile home personal property taxes that are due the second Monday of the month following receipt of the tax notice and become delinquent 30 days later. A lien assessed against real and personal property attaches on the first day of January preceding assessment and levy. G. Capital Assets Capital assets, which include property, plant, equipment, and infrastructure assets (e.g., roads, bridges, sidewalks, and similar items), are reported in the government-wide statements and the proprietary funds. Capital assets are defined as assets with an initial, individual cost of more than $5,000. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair value at the date of donation. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets’ lives are not capitalized. Property, plant, and equipment of the primary government and the discretely presented component unit are depreciated using the straight-line method over the following estimated useful lives: Type of Assets Buildings and improvements Infrastructure Autos and trucks Other equipment Estimated Useful Life (In Years) Discretely Presented Primary Government Component Unit 20 - 50 20 - 30 25 - 50 N/A 3 - 10 7 3 - 20 5 - 7 All infrastructure assets are reported on the government-wide financial statements. Infrastructure maintained by the County Department of Transportation consists of roadways, bridges and related assets. These assets are not depreciated as they are reported using the modified approach. Under the modified approach, the County’s roadway and bridge systems are being preserved at a specified condition level established by the County. For information on the modified approach, see Required Supplementary Information – Modified Approach for Infrastructure Assets. The Flood Control District accounts for the County’s remaining infrastructure assets consisting of drainage systems, dams, flood channels and canals. For the Department of Transportation’s infrastructure assets owned prior to fiscal year 2002, the County estimated their historical cost. The fair market value for right-of-way assets was estimated based on current regional land acquisitions and deflated by the trended growth rate, as determined by the County assessed valuation from the State of Arizona Department of Revenue Abstract of the Assessment Roll for vacant land, agriculture and government property not including legally exempt land. The fair market value for roadway system assets was estimated based on current construction costs and deflated using the Price Trends for Federal-Aid Highway Construction, published by the U.S. Department of Transportation, Federal Highway Administration, Office of Program Administration and Office of Infrastructure. Flood Control District infrastructure assets are accounted for using the straight-line depreciation method with a useful life between 25 and 50 years. For infrastructure assets owned prior to fiscal year 2002, the County used internal records, maintained by the department, to estimate Flood Control’s historical cost for these assets. H. Investment Income Investment income is composed of interest, dividends, and net changes in the fair value of applicable investments. 43 Notes to the Financial Statements (Continued) I. Compensated Absences Compensated absences consist of vacation leave and a calculated amount of sick leave earned by employees based on services already rendered. Employees may accumulate up to 240 hours of vacation leave, but any vacation hours in excess of the maximum amount that are unused at calendar year-end convert to sick leave. Upon termination of employment, all unused vacation benefits are paid to employees. Accordingly, vacation benefits are accrued as a liability in the financial statements. Employees may accumulate an unlimited number of sick leave hours. Generally, sick leave benefits provide for ordinary sick pay and are cumulative but are forfeited upon termination of employment. Because sick leave benefits do not vest with employees, a liability for sick leave benefits is not accrued in the financial statements. However, upon retirement, County employees with accumulated sick leave in excess of 1,000 hours are entitled to a $10,000 nontaxable investment in a Post Employment Health Plan (PEHP) established pursuant to Internal Revenue Code §501(c)(9). The obligations vested at June 30, 2010, under this policy are accrued as a liability. Compensated absences are substantially paid within one year from fiscal year-end and, therefore, are reported as a current liability on the government-wide financial statements. NOTE 2 – REPORTING CHANGES Beginning in fiscal year 2010, the County established the Justice Courts Photo Enforcement Fee (nonmajor special revenue fund) and the Emancipation Administrative Costs (nonmajor special revenue fund) Funds. In addition, the Events Center Fund (nonmajor special revenue fund) was eliminated. NOTE 3 – BEGINNING BALANCES RESTATED On July 1, 2009, the County restated governmental activities capital asset balances by ($17,532,316) for corrections of prior periods. These corrections were a result of assets that were omitted in prior periods of $13,851,654, assets that should have been deleted in prior periods of ($31,966,135), and assets that were incorrectly deleted in prior periods of $582,165. The restatement was comprised of adjustments to land, infrastructure, construction in progress, buildings, and equipment of $1,995,243, ($20,472,311), ($1,017,270), $1,919,930, and $42,092, net of accumulated depreciation, respectively. Beginning net assets of governmental activities were adjusted for the above, as follows: Governmental Activities Net assets reported as of June 30, 2009 Less: Capital asset corrections $ 4,045,843,314 (17,532,316) Net assets as of July 1, 2009, as restated $ 4,028,310,998 On July 1, 2009, the County restated beginning net assets of the Investment Trust Fund for prior period corrections related to an overstatement of monies held in a fiduciary capacity. This overstatement was due to an error in the calculation of contributions from participants. Beginning net assets of the Investment Trust Fund were adjusted for the above, as follows: Investment Trust Fund Net assets reported as of June 30, 2009 Less: Prior period correction $ 2,228,832,006 (26,085,915) Net assets as of July 1, 2009, as restated $ 2,202,746,091 44 Notes to the Financial Statements (Continued) NOTE 4 – RECONCILIATION OF GOVERNMENT-WIDE AND FUND FINANCIAL STATEMENTS The Governmental Funds Balance Sheet includes the reconciliation between fund balances – total governmental funds and net assets – Governmental Activities as reported in the government-wide Statement of Net Assets. The details of this reconciliation follow: $ Fund balances – total governmental funds 1,517,744,321 Capital assets used in governmental activities are not financial resources and therefore, are not reported in the funds. 667,294,295 1,437,998,557 273,718,456 901,695,884 352,659,181 (615,299,486) 3,018,066,887 Land Buildings and improvements Machinery and equipment Infrastructure Construction in progress Accumulated depreciation Net governmental funds capital assets at June 30, 2010 Some receivables are not available to pay for current period expenditures and therefore, are deferred in the funds. 21,302,074 6,786,937 28,089,011 Deferred revenue for property taxes receivable at June 30, 2010 Deferred revenue for grant revenues receivable at June 30, 2010 Internal service funds are used by management to charge the costs of equipment services, telecommunications, reprographics, risk management, employee benefits, and the sheriff warehouse to individual funds. The assets and liabilities of the internal service funds are included in governmental activities in the Statement of Net Assets. 25,304,207 Some long-term liabilities and compensated absences are not due and payable shortly after June 30, 2010, and therefore, are not reported in the funds. (142,140,000) (2,895,000) (37,905,000) (9,286,098) (157,629) 3,415,963 (4,521,377) (14,956,315) (4,891,281) (60,637,067) (14,209,071) (177,574) (288,360,449) Noncurrent lease revenue bonds due in more than one year at June 30, 2010 Certificates of participation due in more than one year at June 30, 2010 Stadium District revenue bonds payable at June 30, 2010 Stadium District loan payable at June 30, 2010 Special assessment debt with governmental commitment payable at June 30, 2010 Deferred issuance cost at June 30, 2010 Bond premium unamortized at June 30, 2010 Governmental funds capital leases payable at June 30, 2010 Claims and judgments at June 30, 2010 Governmental funds compensated absences payable at June 30, 2010 Liability for closure and postclosure costs at June 30, 2010 Accrued interest payable at June 30, 2010 $ Net assets of governmental activities 45 4,300,843,977 Notes to the Financial Statements (Continued) The governmental fund reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances is a reconciliation between net changes in fund balances – total governmental funds and changes in net assets of governmental activities as reported in the government-wide Statement of Activities. The details of this reconciliation follow: Net change in fund balances – total governmental funds $ 93,780,758 Governmental funds report capital outlays as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the current period. Governmental funds capital outlay Government-wide depreciation expense for the year ended June 30, 2010 Add: Internal service funds depreciation expense for the year ended June 30, 2010 185,445,951 (66,462,999) 882,109 119,865,061 The net effect of various miscellaneous transactions involving capital assets is to increase net assets. Net value of disposed capital assets for the year ended June 30, 2010 Donations of capital assets (44,738,598) 77,540,873 32,802,275 Certain revenues and expenses in the Statement of Activities that do not provide or draw on current financial resources are not reported in the funds Grant revenues earned during the year ended June 30, 2010 Property taxes earned during the year ended June 30, 2010 1,344,035 282,261 1,626,296 The issuance of long-term debt (e.g., bonds, leases) provides current financial resources to governmental funds, while the repayment of the principal of long-term debt consumes the current financial resources of governmental funds. Neither transaction, however, has any effect on net assets. Also, governmental funds report the effect of issuance costs, premiums, discounts, and similar items when debt is first issued, whereas these amounts are deferred and amortized in the Statement of Activities. This amount is the net effect of these differences in the treatment of long-term debt and related items. Principal payments on lease revenue bonds Principal payments on Stadium District revenue bonds Principal payments on Stadium District loan payable Principal payments on special assessment debt with governmental commitment Net decrease in bond premium Principal payments on certificates of participation Principal payments on capital leases Net decrease in deferred issuance costs Accrued interest payable on long-term debt 11,145,000 3,260,000 1,179,241 19,149 905,485 490,000 36,179,024 (707,115) 32,713 52,503,497 Some expenses reported in the Statement of Activities do not require the use of current financial resources and therefore, are not reported as expenditures in governmental funds. Net increase in employee compensation payable Decrease in reserve for inventories Net decrease in claims and judgments Net decrease in liability for closure and postclosure costs Uncollectible receivable written off during the year ended June 30, 2010 (3,061,658) (803,596) 1,781,093 3,143,602 (2,133,600) (1,074,159) Internal service funds are used by management to charge the costs of equipment services, telecommunications, reprographics, risk management, employee benefits, and the sheriff warehouse to individual funds. The net revenue of internal service funds is reported with governmental activities. (26,970,749) $ Change in net assets of governmental activities 46 272,532,979 Notes to the Financial Statements (Continued) NOTE 5 – STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY At June 30, 2010, the following funds reported deficits in fund balances or net assets. FUND DEFICIT Governmental Funds: Adult Probation Grants Air Quality Grants CDBG Housing Trust County Attorney Grants Emergency Management Environmental Services Grants Human Services Grants Juvenile Probation Grants Public Health School Grants Sheriff Grants Solid Waste Grants Transportation Grants Trial Court Grants Proprietary Funds: Risk Management $ 181,632 106,492 280,955 32,634 32,144 247 294,662 126,375 1,727,140 33,475 668,500 65,028 27,169 151,702 $ 28,757,197 The deficits in fund balances or net assets for Adult Probation Grants, Air Quality Grants, CDBG Housing Trust, County Attorney Grants, Emergency Management, Environmental Services Grants, Human Services Grants, Juvenile Probation Grants, Public Health, School Grants, Sheriff Grants, Solid Waste Grants, Transportation Grants, and Trial Court Grants Funds were attributed to the deferring of certain grant revenues. The County accrues grant revenue received within 60 days after year-end, as it is available and measurable. Revenues received after 60 days are considered not available and are therefore deferred. Risk Management Fund’s funding plan calls for the fiscal year ending cash balance to equal the next year’s estimated claims and claims related expenses. As of June 30, 2010, the total net assets deficit was $28,757,197. This is primarily due to the Risk Management Fund not being funded for noncurrent accrued claim liabilities. NOTE 6 – DEPOSITS AND INVESTMENTS Arizona Revised Statutes (A.R.S.) authorize the County to invest public monies in the State Treasurer’s investment pool; obligations issued or guaranteed by the United States or any of the senior debt of its agencies, sponsored agencies, corporations, sponsored corporations, or instrumentalities; specified state and local government bonds; interest earning investments such as savings accounts, certificates of deposit, and repurchase agreements in eligible depositories; and specified commercial paper, bonds, debentures, and notes issued by corporations organized and doing business in the United States. In addition, the County Treasurer may invest trust funds in fixed income securities of corporations doing business in the United States or District of Columbia. Credit risk Statutes have the following requirements for credit risk: 1. Commercial paper must be rated P1 by Moody’s investors service or A1 or better by Standard and Poor’s rating service. 47 Notes to the Financial Statements (Continued) 2. Corporate bonds, debentures, and notes must be rated A or better by Moody’s investors service or Standard and Poor’s rating service. 3. Fixed income securities must carry one of the two highest ratings by Moody’s investors service and Standard and Poor’s rating service. If only one of the above-mentioned services rates the security, it must carry the highest rating of that service. Custodial credit risk Statutes require collateral for demand deposits, certificates of deposit, and repurchase agreements at 101 percent of all deposits not covered by federal depository insurance. Concentration of credit risk Statutes do not include any requirements for concentration of credit risk. Interest rate risk Statutes require that public monies invested in securities and deposits have a maximum maturity of 5 years and that public operating fund monies invested in securities and deposits have a maximum maturity of 3 years. However, the Stadium District is allowed by a separate statute to invest monies, not held for operations, in eligible investments with a maturity of greater than 5 years. Investments in repurchase agreements must have a maximum maturity of 180 days. Foreign currency risk Statutes do not allow foreign investments. Deposits - At June 30, 2010, the carrying amount of the County’s deposits was $320,840,600, and the bank balance was $317,611,941. It is the County’s investment policy to collateralize all deposits by at least 101 percent of the deposits not covered by depository insurance. At a minimum, the collateral is to be held by the pledging financial institution or its agent, but does not have to be held in the County’s name. In October 2008, the FDIC’s Board of Directors authorized the publication in the Federal Register (73 FR 64179) of an interim rule that outlined the structure of a new program called the ‘Temporary Liquidity Program’ (TLGP). This new program was designed to assist in the stabilization of the nation’s financial system. Under the Transaction Account Guarantee (TAG) program, a component of the TLGP, the FDIC guarantees all funds held in qualifying noninterest-bearing transaction accounts at participating insured depository institutions. On November 26, 2008, the final rule was published in the Federal Register (73 FR 72244). An amendment to 12 CFR 370 in part, extended the TAG program until December 31, 2010, with the possibility of an additional extension of up to twelve months upon the determination by the FDIC’s Board of Directors. At June 30, 2010, $97,692,318 of the County’s bank balance was exposed to custodial credit risk as follows: Uninsured with collateral held by the pledging financial institution $ 97,692,318 Investments – The County’s investments at June 30, 2010, were as follows: Investment Type U.S. Treasury Securities U.S. Agency Securities Municipal Bonds Mutual funds with trustee Guaranteed investment contracts Other investments $ $ Amount 440,704,598 3,039,686,093 3,315,000 22,372,695 5,900,968 8,084,845 3,520,064,199 Credit risk – It is the County’s investment policy to preserve the principal value and the interest income of an investment. The County can invest in obligations issued or guaranteed by the United States or any of the senior debt of its agencies, sponsored agencies, corporations, or instrumentalities. The County can also invest in commercial paper and corporate bonds with ratings that meet the statutory requirements specified above. At June 30, 2010, credit risk for the County’s investments was as follows: 48 Notes to the Financial Statements (Continued) Investment Type U. S. Agency Securities U. S. Agency Securities U. S. Agency Securities U. S. Agency Securities Municipal Bonds Municipal Bonds Municipal Bonds Mutual funds with trustee Rating Aaa Aa1 P1 Unrated A2 Baa1 Unrated Aaa Rating Agency Moody’s Moody’s Moody’s Not applicable Moody’s Moody’s Not applicable Moody’s $ $ Amount 2,164,559,493 84,061,600 720,365,000 70,700,000 895,000 420,000 2,000,000 22,372,695 3,065,373,788 The $70,700,000 of unrated U.S. agency securities are coupon notes issued by the Federal Home Loan Bank (FHLB) and $2,000,000 of unrated municipal bonds issued by the Saddle Mountain School District. The $8,084,845 of other investments are related to the Public Fiduciary, which invests in equities, mutual funds, U.S. Treasury securities, and other types of investments as directed by court order. Due to the difficulty of obtaining the information and as these investment amounts are determined to be immaterial, Maricopa County will not follow the credit risk disclosure requirements specified by GASB Statement No. 40 – Deposit and Investment Risk Disclosures. Custodial credit risk – For an investment, custodial credit risk is the risk that, in the event of the counterparty’s failure, the County will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. It is the County’s investment policy that all of the Treasurer’s securities be held by the agent or trust department and in the County’s name. The $8,084,845 of other investments are related to the Public Fiduciary, which invests in equities, mutual funds, U.S. Treasury securities, and other types of investments as directed by court order. Due to the difficulty of obtaining the information and as these investment amounts are determined to be immaterial, Maricopa County will not follow the custodial credit risk disclosure requirements specified by GASB Statement No. 40 – Deposit and Investment Risk Disclosures. Concentration of credit risk – It is the County’s investment policy to preserve the principal value of its investments. However, due to the limited investments allowed under statutes and the desire to preserve the principal value, the County’s investments may have a concentration of credit risk of more than 5 percent of total investments in one issuer. Five percent or more of the County’s investments at June 30, 2010, were in the Federal National Mortgage Association, the Federal Home Loan Bank, and the Federal Home Loan Mortgage Corporation. These investments were 37.4 percent, 22.7 percent, and 21.5 percent, respectively, of the County’s total investments. Interest rate risk – It is the County’s investment policy to hold investments to maturity, where practical, and avoid any loss on investments resulting from an early sale or retirement of an investment. Additionally, securities should be invested for a shorter duration, where applicable. At June 30, 2010, the County had the following investments in debt securities. Investment Maturities Investment Type U.S. Treasury Securities U.S. Agency Securities Municipal Bonds Mutual funds with trustee Guaranteed investment contracts Amount $ 440,704,598 3,039,686,093 3,315,000 22,372,695 5,900,968 $ 3,511,979,354 $ Less than 1 Year 440,704,598 740,420,200 1–5 Years $ 6 - 10 Years $ 2,299,265,893 3,315,000 22,372,695 $ 1,203,497,493 $ 2,302,580,893 $ 5,900,968 5,900,968 The $5,900,968 of guaranteed investment contracts relate to the Stadium District which is allowed by statute to invest monies, not held for operations, for longer periods of time. 49 Notes to the Financial Statements (Continued) The $8,084,845 of other investments are related to the Public Fiduciary, which invests in equities, mutual funds, U.S. Treasury securities, and other types of investments, as directed by court order. Due to the difficulty of obtaining the information and as these investment amounts are determined to be immaterial, Maricopa County will not follow the interest rate risk disclosure requirements specified by GASB Statement No. 40 – Deposit and Investment Risk Disclosures. Foreign currency risk – The County does not have a formal investment policy with respect to foreign currency risk because State statutes do not allow foreign investments. A reconciliation of cash, deposits, and investments to amounts shown on the Statements of Net Assets follows: Cash, deposits and investments: Cash on hand $ 123,775 Amount of deposits 320,840,600 Amount of investments 3,520,064,199 Total $ Governmental Activities Statement of Net Assets: Cash in bank and on hand Cash and investments held by County Treasurer Cash and investments held by trustee Total 3,841,028,574 Investment Trust Fund Agency Fund Component Unit Total $ 1,753,980 $ 1,549,330,513 2,167,013,192 40,991,580 $76,515,182 $ 3,066,611 $ $1,592,076,073 $ 2,167,013,192 $76,515,182 $ 5,424,127 $ 3,841,028,574 2,357,516 81,335,773 3,716,343,705 43,349,096 NOTE 7 – CONDENSED FINANCIAL STATEMENTS OF COUNTY TREASURER’S INVESTMENT POOL Arizona Revised Statutes require community colleges, school districts, and other local governments to deposit certain public monies with the County Treasurer. The Treasurer has a fiduciary responsibility to administer those and the County’s 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 pool’s structure 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. The Treasurer allocates interest earnings to each of the pool’s participants. However, for the County’s monies in the pool, the Board of Supervisors authorized $971,428 of interest earned in certain other funds to be transferred to the General Fund. Substantially, all deposits and investments of the County’s primary government are included in the County Treasurer’s investment pool, except for $75,494,428 of deposits, $12,712,658 of investments in U.S. Treasury Securities, $22,372,695 of mutual funds with trustee, $5,900,968 of guaranteed investment contracts, and $8,084,845 of other investments. Therefore, the deposit and investment risks of the Treasurer’s investment pool are substantially the same as the County’s deposit and investment risks. See Note 6 – Deposits and Investments for disclosure of the County’s deposit and investment risks. Details of each major investment classification follow: Investment Type U. S. Treasury Securities U. S. Agency Securities Municipal Bonds Principal $428,585,557 $3,043,902,081 $3,315,000 Interest Rates 0.13 – 0.15% 0.06 – 5.50% 1.25 – 3.50% 50 Maturities 7/10 - 8/10 7/10 – 6/13 7/11 – 7/14 Reported Amount $427,991,940 $3,039,686,093 $3,315,000 Notes to the Financial Statements (Continued) A condensed statement of the investment pool’s net assets and changes in net assets follows. Statement of Net Assets Assets $ 3,721,140,783 $ 3,721,140,783 $ 1,551,487,375 Liabilities - Net assets Net assets held in trust for: Internal participants External participants 2,169,653,408 Total net assets held in trust $ 3,721,140,783 Statement of Changes in Net Assets Total additions $ Total deductions 24,091,579,591 23,987,926,507 Net increase 103,653,084 Net assets held in trust: July 1, 2009 (as restated) 3,617,487,699 June 30, 2010 $ 3,721,140,783 NOTE 8 – RECEIVABLES Receivables as of year-end for the County’s individual major funds and nonmajor funds in the aggregate are shown as follows. Taxes receivable does not have an allowance for uncollectible taxes, as the amount is considered immaterial. All other receivables are considered collectible. Governmental Funds General Fund Receivables: Taxes $20,143,530 Accrued interest 680,228 Special assessments Total receivables $20,823,758 Detention Operations Fund $ County Improvement Debt Fund $ 379,202 $ 379,202 General Fund County Improvements $ 1,314 $ 1,314 Other Governmental Funds $ 4,018,732 357,685 199,491 $ 24,162,262 1,935,651 199,491 $ 4,575,908 $ 26,297,404 517,222 $ 517,222 Total Discretely presented component unit: Receivables as of year-end for the discretely presented component unit including the applicable allowances for uncollectible accounts are shown as follows: Housing Authority Receivables Intergovernmental Accounts Other Gross receivables Less: allowance for uncollectibles $ $ Net total receivables 51 133,288 31,763 77,452 242,503 (17,110) 225,393 Notes to the Financial Statements (Continued) NOTE 9 – DUE FROM OTHER GOVERNMENTAL UNITS Amounts due from other governmental units at June 30, 2010, of $158,469,166 as reported for the governmental activities and on the governmental funds balance sheet, include $61,512,596, $11,787,952, and $14,595,893 in state-shared revenues for sales taxes, vehicle license taxes, and highway user taxes, respectively; $18,004,513, $1,023,722, and $852,199 in jail tax, waste tire surcharge, and rental car surcharge, respectively, collected by the State but not received by the County; $22,698,508 in various Federal and State grants; $3,120,730 due from other governments for prisoner detention and police services; $10,659,627 due from cities and towns for Flood Control District, Library District, and Transportation Department intergovernmental agreements; and $1,399,291 of miscellaneous due from the State and local governments. In addition, the County reported $12,814,135 for debt service reimbursements due from the Maricopa County Special Health Care District, a separate legal entity. The amount is reported in the County Improvement Debt Fund and is deferred, as it is not considered available to finance expenditures of the current period. As a result of the transition of the Maricopa County Medical Center to the District on January 1, 2005, the Medical Center transferred long-term debt obligations (lease revenue bonds, certificates of participation and installment purchase agreements) to the County. The Maricopa County Special Health Care District will pay the debt obligations per the terms of an Intergovernmental Agreement which coincide with the future principal and interest payments to July 1, 2015. NOTE 10 – INTERGOVERNMENTAL LOANS At June 30, 2010, the County reported intergovernmental loans of $15,467,006. This amount consists of two separate intergovernmental loans to the Maricopa County Special Health Care District, a separate legal entity. On July 1, 2005, the County provided a $15,433,000 ten-year loan to the Maricopa County Special Health Care District. The terms of the loan, as outlined in the Assistance Package Intergovernmental Agreement dated June 8, 2005, include the first five years interest free, with interest payable for the second five-year period at the rate earned by the County Treasurer over that period. The balance of the loan is due August 1, 2015. The County also reported a $34,006 intergovernmental loan to the Maricopa County Special Health Care District for monies owed from the District to the General Fund for early extinguishment of certain debt in advance of maturity. The loan is paid semi-annually until July 1, 2010, at which time the loan will be paid in full. NOTE 11 – CAPITAL ASSETS Capital asset activity for the year ended June 30, 2010 was as follows: Balance July 1, 2009, as restated Governmental activities: Nondepreciable assets: Land Construction in progress Infrastructure Total capital assets not being depreciated Depreciable assets: Buildings and improvements Machinery and equipment Infrastructure Total $ Increase 616,759,255 229,128,675 625,219,717 1,471,107,647 $ 1,449,029,393 284,277,243 234,785,020 1,968,091,656 55,958,954 164,965,021 45,635,835 266,559,810 2,090,210 12,259,072 480,852 14,830,134 52 Balance June 30, 2010 Decrease $ 5,423,914 41,434,515 4,425,540 51,283,969 13,121,046 11,350,597 24,471,643 $ 667,294,295 352,659,181 666,430,012 1,686,383,488 1,437,998,557 285,185,718 235,265,872 1,958,450,147 Notes to the Financial Statements (Continued) Balance July 1, 2009, as restated Less accumulated depreciation for: Buildings and improvements Machinery and equipment Infrastructure Total $ Increase 327,249,464 175,334,366 67,667,969 570,251,799 $ Governmental activities capital assets, net $ 2,868,947,504 $ Discretely presented component unit: Nondepreciable assets: Land Construction in progress Total capital assets not being depreciated $ 4,121,733 $ Depreciable assets: Buildings and improvements Machinery and equipment Less accumulated depreciation Total 30,267,964 31,729,469 4,789,215 66,786,648 $ (51,956,514) 1,397,839,857 Total capital assets being depreciated, net 214,603,296 4,121,733 111,582 111,582 42,043,753 692,624 28,181,384 14,554,993 1,512,651 77,285 1,411,332 178,604 Balance June 30, 2010 Decrease 3,603,125 9,977,121 $ 13,580,246 353,914,303 197,086,714 72,457,184 623,458,201 10,891,397 1,334,991,946 $ 62,175,366 $ 3,021,375,434 $ 100,038 $ 4,021,695 111,582 4,133,277 100,038 149,991 43,406,413 769,909 29,514,433 14,661,889 78,283 71,708 Discretely presented component unit capital assets, net $ $ 18,676,726 290,186 $ 171,746 $ 18,795,166 The County pledged certain governmental activities land and buildings as collateral for various lease revenue bonds. See Note 13 – Long-term Liabilities for additional information regarding outstanding bonds at June 30, 2010. On July 1, 2009, the County restated governmental activities beginning capital asset balances by ($17,532,316) for corrections of prior period errors. See Note 3 – Beginning Balances Restated for additional information. Depreciation expense was charged to functions/programs as follows: Government activities: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Internal service funds $ Total governmental activities depreciation expense Discretely presented component unit Housing Authority $ 16,970,929 30,959,990 4,134,827 3,202,769 9,783,379 528,996 882,109 66,462,999 $ 1,411,332 The depreciation expense charged to governmental activities is less than accumulated depreciation increases because of assets transferred from buildings and improvements to machinery and equipment with accumulated depreciation of $323,649. This transfer amount is accounted for in machinery and equipment accumulated depreciation increases, but does not constitute current year depreciation expense. As this amount is also included in buildings and improvements accumulated depreciation decreases, the net effect on accumulated depreciation is zero. 53 Notes to the Financial Statements (Continued) NOTE 12 – CONSTRUCTION AND OTHER SIGNIFICANT COMMITMENTS At June 30, 2010, 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, Library District Construction Projects, and Construction of Various County Facilities. Transportation Construction Projects At June 30, 2010, the Maricopa County Transportation Department had contractual commitments of $20,743,080 for construction of various roadway projects. The related estimated cost of completion based on the project budgets was $320,737,842, of which not all projects may be completed. Funding for these expenditures will be provided from Highway User Fuel Tax, the primary source of revenue for the Transportation Department. These projects are accounted for in the Transportation Capital Projects Fund (nonmajor governmental fund). Flood Control Construction Projects At June 30, 2010, the Maricopa County Flood Control District had contractual commitments of $31,642,941 for the construction of various flood control projects. The related estimated cost of completion based on the project budgets was $281,820,000, of which not all projects may be completed. Funding for these expenditures will be provided from the Flood Control District’s tax levy of property within Maricopa County, the primary source of revenue for the Flood Control District. These projects are accounted for in the Flood Control Capital Projects Fund (nonmajor governmental fund). Library District Construction Projects At June 30, 2010, the Maricopa County Library District had contractual commitments of $3,150,190 related to major capital projects. The related estimated cost of completion based on the project budgets was $11,500,000, of which not all projects may be completed. Funding for these projects will be provided predominantly through transfers from the Library District Fund. These projects are accounted for in the Library District Capital Improvement Fund (nonmajor governmental fund). Construction of Various County Facilities At June 30, 2010, Maricopa County had contractual commitments of $160,599,528, relating to major capital projects accounted for in the General Fund County Improvements Fund (major governmental fund) and funded predominantly through transfers from the General Fund. The related estimated cost of completion based on the project budgets was $205,865,907, of which not all projects may be completed. NOTE 13 – LONG-TERM LIABILITIES The following schedule details the County’s long-term liability and obligation activity for the year ended June 30, 2010. Balance July 1, 2009 Governmental activities: Bonds, loans, and other payables: Lease revenue bonds Certificates of participation Stadium District revenue bonds Stadium District loans Special assessment debt with governmental commitment Capital leases Plus: bond premium Total bonds, loans, and other payables Reductions Balance June 30, 2010 Due Within One Year $ 10,615,000 465,000 3,260,000 1,179,240 $ 153,285,000 3,385,000 37,905,000 9,286,098 $ 11,145,000 490,000 3,390,000 1,179,241 193,591 51,135,339 19,149 36,179,024 174,442 14,956,315 20,926 8,399,140 270,709,268 5,426,862 51,717,413 905,485 218,991,855 4,521,377 24,624,307 276,136,130 52,622,898 223,513,231 24,624,307 Additions $ 163,900,000 3,850,000 41,165,000 10,465,338 $ 54 Notes to the Financial Statements (Continued) Balance July 1, 2009 Other liabilities: Claims and judgments Reported and incurred but not reported claims Liability for closure and postclosure costs Total other liabilities Governmental activities long-term liabilities $ Additions 6,672,374 $ 73,926,821 Reductions 315,793 $ 2,096,886 136,369,223 17,352,673 Balance June 30, 2010 $ Due Within One Year 4,891,281 $ 1,488,063 111,375,386 98,920,658 46,615,373 3,143,602 14,209,071 4,748,266 97,951,868 136,685,016 116,615,874 118,021,010 52,851,702 $ 374,087,998 $136,685,016 $169,238,772 $ 341,534,242 $ 77,476,009 Bonds, loans, and other payables were as follows at June 30, 2010: Lease Revenue Bonds On June 1, 2001, the Maricopa County Public Finance Corporation issued $124,855,000 of Lease Revenue Bonds to pay for the acquisition of, construction of, 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. Bonds maturing on and after July 1, 2012, are subject to optional redemption in increments of $5,000 on July 1, 2011, or any date thereafter, at par plus accrued interest to the date fixed for redemption. In the event of nonappropriation, the bonds would be subject to special redemption at par plus accrued interest to the redemption date. On December 3, 2003, the Maricopa County Public Finance Corporation issued $16,880,000 of Lease Revenue Refunding Bonds for the current refunding of various certificates of participation (Series 2000, 1996, 1994, and 1993), capital leases, and an installment purchase contract, which were legally defeased as of June 1, 2004. The County will be obligated to make lease payments to extinguish the refunding debt when due until all lease payments under the lease have been paid. The County’s obligation to make lease payments will be subject to and dependent upon annual appropriations being made by the County. The bonds are not subject to optional redemption prior to maturity; however, in the event of nonappropriation, the bonds would terminate and be subject to special mandatory redemption at par plus accrued interest, without premium. On August 9, 2005, the Maricopa County Public Finance Corporation defeased a portion of the Lease Revenue Bonds, Series 2001, in the amount of $10,605,000. The County contributed the cash to advance refund the bonds, which mature on July 1, 2006 through July 1, 2015. Bonds maturing on and after July 1, 2012, are callable on July 1, 2011, and are redeemable at par plus accrued interest. The outstanding principal balance of $6,000,000 will be paid by investments held in an irrevocable trust with a fair value of $7,146,209. Accordingly, the trust account assets and liability for these defeased bonds are not included in the County’s financial statements. This portion of the lease revenue bonds was initially entered into by the Maricopa County Medical Center, which was transitioned to the Maricopa County Special Health Care District, a separate legal entity, on January 1, 2005. As a result of the transition, the Maricopa County Medical Center transferred this obligation to the County and the District reimburses the County for the principal and interest associated with this debt in accordance with the intergovernmental agreement between the County and the District. Although the County defeased this portion of the bonds, the District is still obligated to reimburse the County for the applicable principal and interest pursuant to the intergovernmental agreement. See Note 9 – Due From Other Governmental Units for additional information. 55 Notes to the Financial Statements (Continued) On May 23, 2007, the Maricopa County Public Finance Corporation issued $108,100,000 of Lease Revenue Bonds to pay for the acquisition, construction, and renovation of the Durango Animal Care and Control Facility; Southeast, Southwest, San Tan, One West Madison and Sunnyslope Justice Court Facilities; and Central Court Building. 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. Bonds maturing on and after July 1, 2017, are subject to optional redemption in increments of $5,000 on July 1, 2016, or any date thereafter, at par plus accrued interest to the date fixed for redemption. In the event of nonappropriation, the bonds would be subject to special redemption at par plus accrued interest to the redemption date. On May 23, 2007, the Maricopa County Public Finance Corporation issued Lease Revenue Refunding Bonds, Series 2007B, for $32,840,000 (par value) with interest rates ranging from 4% to 5% and maturing from July 1, 2012 to July 1, 2015. The net bond proceeds were $34,414,011 which included a reoffering premium of $973,843, County contributions of $860,000, and cost of issuance of $259,831. The net proceeds were used to advance refund the Lease Revenue Bonds, Series 2001, of $32,215,000, with interest rates ranging from 4.75% to 5.5%, maturing from July 1, 2012 through July 1, 2015, and callable at par plus accrued interest on July 1, 2011. The following Lease Revenue Bonds were outstanding as of June 30, 2010: DESCRIPTION AMOUNT OF ISSUE 2001 Lease Revenue Bonds 2003 Lease Revenue Refunding Bonds 2007A Lease Revenue Bonds 2007B Lease Revenue Refunding Bonds $ 124,855,000 16,880,000 108,100,000 32,840,000 Total $ 282,675,000 INTEREST RATES MATURITY DATES 4.55 – 5.47% 3.00 – 3.38% 3.50 – 5.00% 4.00 – 5.00% 7-1-10/12 7-1-10/12 7-1-10/31 7-1-12/15 OUTSTANDING AT JUNE 30, 2010 $ 14,740,000 2,370,000 103,335,000 32,840,000 $ 153,285,000 Annual debt service requirements to maturity for the County’s Lease Revenue Bonds are as follows: Governmental Activities Interest Year Ending June 30 Principal 2011 $ 11,145,000 $ 6,630,595 $ 17,775,595 2012 10,585,000 6,103,790 16,688,790 2013 11,205,000 5,602,040 16,807,040 2014 11,375,000 5,118,505 16,493,505 2015 11,840,000 4,579,180 16,419,180 2016-20 28,255,000 17,505,325 45,760,325 2021-25 24,235,000 12,241,620 36,476,620 2026-30 30,565,000 5,819,825 36,384,825 2031-32 Total Total 14,080,000 497,000 14,577,000 $ 153,285,000 $ 64,097,880 $ 217,382,880 The County defeased lease revenue bonds by placing the proceeds of new bonds in an irrevocable trust to provide for all future debt service payments on the old bonds. Accordingly, the trust account assets and the liability for these defeased bonds are not included in the County’s financial statements. At June 30, 2010, $32,215,000 of bonds outstanding are considered defeased as summarized below. Refunded and Refinanced Obligations Outstanding Issue Series 2001 Lease Revenue Bonds Principal $ 32,215,000 56 Call Date July 1, 2011 Notes to the Financial Statements (Continued) Certificates of Participation Certificates of Participation represent proportionate interests in semiannual lease payments. The County’s obligation to make lease payments is subject to annual appropriations being made by the County for that purpose. On November 1, 2000, Maricopa County Public Finance Corporation issued $6,975,000 of Certificates of Participation to pay for the acquisition of and improvements to the Desert Vista Hospital and medical office facilities. These certificates of participation were initially entered into by the Maricopa County Medical Center, which was transitioned to the Maricopa County Special Health Care District, a separate legal entity, on January 1, 2005. As a result of the transition, the Medical Center transferred this obligation to the County and the District reimburses the County for the principal and interest associated with this debt in accordance with the intergovernmental agreement between the County and the District. See Note 9 – Due From Other Governmental Units for additional information. The following Certificates of Participation were outstanding at June 30, 2010: DESCRIPTION INTEREST RATES MATURITY DATES 5.00 – 5.50% 7-1-10/15 AMOUNT OF ISSUE 2000 Certificates of Participation $ 6,975,000 OUTSTANDING AT JUNE 30, 2010 $ 3,385,000 Annual debt service requirements to maturity for certificates of participation are as follows: Governmental Activities Principal Interest Year Ending June 30 2011 2012 2013 2014 2015 2016 $ 490,000 520,000 545,000 575,000 610,000 645,000 $ 166,000 140,490 113,060 83,653 51,945 17,737 Total $ 3,385,000 $ 572,885 Stadium District Revenue Bonds Stadium District Revenue Bonds are special obligations of the District. The bonds are payable solely from pledged revenues, consisting of car rental surcharges levied and collected by the Stadium District pursuant to A.R.S. §48-4234. Under the statute, the Stadium District may set the surcharge at $2.50 on each lease or rental of a motor vehicle licensed for hire, for less than one year, and designed to carry fewer than 15 passengers, regardless of whether such vehicle is licensed in the State of Arizona. The Stadium District Board of Directors initially levied a surcharge at a rate of $1.50 beginning in January 1992 and increased the surcharge to $2.50, the maximum amount permitted by statute, in January 1993. The District has pledged a portion of future car rental surcharge revenue to repay the $58,225,000 in revenue refunding bonds, which were issued in June 2002 to prepay and redeem certain obligations and fund debt service reserves. The bonds do not constitute a debt or a pledge of the faith or credit of Maricopa County, the State of Arizona, or any other political subdivision. The payment of the bonds is enforceable solely out of the pledged revenues and no owner shall have any right to compel any exercise of taxing power of the District, except for surcharges. The bonds maturing after June 1, 2013, are subject to optional redemption in increments of $5,000 at par plus accrued interest. Total principal and interest remaining to be paid on the bonds is $48,784,812, payable through June 2019. Principal and interest paid for the current year and total car rental surcharge revenues were $5,419,094 and $4,668,574, respectively. The Stadium District had the following revenue bonds outstanding at June 30, 2010: DESCRIPTION 2002 Revenue Refunding Bonds AMOUNT OF ISSUE $ 58,225,000 INTEREST RATES MATURITY DATES 5.25 — 5.375% 6-1-11/19 57 OUTSTANDING AT JUNE 30, 2010 $ 37,905,000 Notes to the Financial Statements (Continued) Annual debt service requirements to maturity for Stadium District bonds are as follows: Governmental Activities Year Ending June 30 2011 2012 2013 2014 2015 2016 – 19 TOTAL Principal $ 3,390,000 3,570,000 3,760,000 3,960,000 4,170,000 19,055,000 $ 37,905,000 Interest $ 2,028,694 1,850,718 1,663,294 1,461,194 1,248,344 2,627,568 $ 10,879,812 Stadium District Loans Payable On January 23, 2007, the Stadium District entered into a cost-sharing agreement with the Arizona Professional Baseball Team Limited Partnership (Team) for the renovations at Chase Field. Under the terms of the agreement, the Team provided $537,723 of the funding for the renovations; and the agreement states that the Stadium District will pay the Team back over the next three years, ending December 2010. On September 10, 2007, the Stadium District entered into a cost-sharing agreement with the Team for the purchase of a video board and related equipment. Under the terms of the agreement, the Team provided $8,273,928 of the funding for the purchase; and the agreement states that the Stadium District will pay the Team back over nine years, beginning December 2009 and ending in December 2017. On October 12, 2007, the Stadium District entered into a cost-sharing agreement with the Team for Phase II of the suite renovations at Chase Field. Under the terms of the agreement, the Team provided $1,832,928 of the funding for the renovations; and the agreement states that the Stadium District will pay the Team back over ten years, beginning December 2011 and ending in December 2020. Annual debt service requirements to maturity for Stadium District loans payable are as follows: Governmental Activities Year Ending June 30 2011 2012 2013 2014 2015 2016-20 2021 Total $ $ Principal 1,179,241 1,200,000 1,200,000 1,200,000 1,200,000 3,273,928 32,929 9,286,098 Special Assessment Debt with Governmental Commitment Special assessment bonds are payable from assessments collected from property owners benefited by the respective improvements. The special assessment districts pledged these assessments to repay the par issuance amount of $568,658 in special assessment bonds. The proceeds were used to finance construction projects in these districts. Total principal and interest remaining to be paid on these bonds is $230,280, payable through July 2018. 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. Principal and interest paid for the current year and total special assessment charges revenue were $32,676 and $53,667, respectively. 58 Notes to the Financial Statements (Continued) Special assessment bonds currently outstanding for governmental activities are as follows: AMOUNT OF ISSUE DESCRIPTION Queen Creek Water Marquerite Drive th 7 Street North Plymouth Street Total $ 301,960 60,670 60,059 145,969 $ 568,658 INTEREST RATES MATURITY DATES 4.875% 9.000% 8.000% 8.000% 7-1-10/17 7-1-10/11 1-1-11/14 7-1-10/18 OUTSTANDING AT JUNE 30, 2010 $ 17,728 3,212 22,130 131,372 $ 174,442 Annual debt service requirements to maturity for special assessment debt with governmental commitment are as follows: Governmental Activities Year Ending June 30 2011 2012 2013 2014 2015 2016 – 18 Total Principal $ $ 20,926 26,031 22,819 22,819 16,813 65,034 174,442 Interest $ 12,796 11,046 9,146 7,389 5,633 9,828 55,838 $ Capital Leases The County has entered into various lease-purchase agreements, which are non-cancellable, for the acquisitions of the following equipment: Governmental Activities Computer Systems and Equipment $ 18,573,195 Communications Equipment 94,707 Total Capital Assets 18,667,902 Accumulated Depreciation (6,437,545) Net Value of Leased Capital Assets $ 12,230,357 These lease-purchase agreements require the County to pay all maintenance costs. At the time of the final principal and interest payments, title to the leased equipment transfers to the County. These leases are contingent on budgetary appropriations each fiscal year. The assets are capitalized at total principal cost. The following schedule details debt service requirements to maturity for the County’s capital leases payable at June 30, 2010. Governmental Activities Year Ending June 30 2011 $ 2012 8,741,834 6,654,323 2013 13,758 Total minimum lease payments 15,409,915 Amount representing interest (453,600) Present value of net minimum lease payments 59 $ 14,956,315 Notes to the Financial Statements (Continued) The present value of net minimum lease payments at June 30, 2010, of $14,956,315 exceeds the total capital assets of $12,230,357 because a significant portion of the assets acquired through capital leases are for computer related equipment that is below the County’s capitalization threshold. Funding Source for Governmental Activities Liabilities Governmental Funds Liabilities Funding Source Lease revenue bonds County Improvement Debt Fund Certificates of participation County Improvement Debt Fund Stadium District revenue bonds Stadium District Debt Service Fund (nonmajor debt service fund) Stadium District loans Ballpark Operations Fund (nonmajor special revenue fund) Special assessment debt with governmental commitment Special Assessment Fund (nonmajor debt service fund) Capital leases General Fund, Detention Operations Fund Claims and judgments General Fund, Solid Waste Management Fund (nonmajor special revenue Reported and incurred but not reported claims Risk Management Fund and Employee Benefits Trust Fund Liability for closure and postclosure costs Solid Waste Management Fund (nonmajor special revenue fund) fund) and Risk Management Fund (internal service fund) (internal service funds) Legal Debt Margin County indebtedness pertaining to general obligation bonds may not exceed six percent of the value of the County’s taxable property ascertained by the last assessment. However, with voter approval, the County may become indebted for an amount not to exceed fifteen percent of such taxable property. At June 30, 2010, the allowable six and fifteen percent limits were $3,479,043,104 and $8,697,607,759, respectively. The County had no outstanding general obligation debt at June 30, 2010, and was therefore within the legal debt margin. Arbitrage Compliance The County is in compliance with all Federal arbitrage regulations for tax-exempt debt securities. As of June 30, 2010, the County had no arbitrage liability. NOTE 14 – MUNICIPAL LANDFILL CLOSURE AND POSTCLOSURE CARE COSTS The County has five landfills which are subject to closure and postclosure care requirements. Federal and State laws and regulations require the County to place a final cover on all its landfill sites when they stop accepting waste and to perform certain maintenance and monitoring functions at the sites for 30 years after closure. Although one landfill is exempt from these regulations, the County is performing postclosure monitoring of this site and has included the estimated costs in the closure and postclosure liability. On May 31, 2007, the County’s last remaining landfill ceased accepting waste and the County is in the process of capping the landfill. The closure costs associated with this landfill are included in the landfill closure and postclosure care liability at June 30, 2010. In addition, during fiscal year 2010, the County updated estimates of the amount required to pay for closure, cleanup, remedial actions and monitoring at the County's five landfill sites, in accordance with generally accepted accounting principles. The County estimated these costs to be approximately $14,209,071. The County’s estimate for closure and postclosure care requirements for the five landfills are subject to change due to inflation, changes in technology, and changes in regulations, or results of the investigational study. All associated closure and postclosure costs will be paid from the Solid Waste Management Fund. These amounts are based on what it would cost to perform all closure and postclosure care and remedial investigation costs in fiscal year 2010. 60 Notes to the Financial Statements (Continued) According to Federal and State laws and regulations, the County must comply with the local government financial test requirements that assure the County can meet the costs of landfill closure, postclosure, and corrective action when needed. The County is in compliance with these requirements. NOTE 15 – MUNICIPAL REVOLVING LINE OF CREDIT AND IRREVOCABLE STANDBY LETTER OF CREDIT On July 1, 2009, the County renewed the $35,000,000 municipal revolving line of credit with an interest rate of 65% of the bank’s prime rate which has a maturity date of June 30, 2010. Outstanding principal and interest is due on June 30 of each year. During fiscal year 2010, the County had not borrowed against the line of credit. The municipal revolving line of credit was renewed to June 30, 2011. On July 1, 2009, the County entered into a $5,325,903 irrevocable standby letter of credit issued to the Industrial Commission of Arizona for unfunded workers’ compensation claims. The irrevocable standby letter of credit matured on June 30, 2010. The letter of credit was reserved against the municipal revolving line of credit. During fiscal year 2010, the letter of credit had not been drawn upon. The irrevocable standby letter of credit was renewed to July 1, 2011, for $5,649,751. NOTE 16 – OPERATING LEASES The County’s operating leases are for land, buildings, office equipment, and vehicles under the provisions of various long-term lease agreements classified as operating leases for accounting purposes. Rental expenses under the terms of these operating leases for governmental activities were $17,250,159 for the year ended June 30, 2010. These operating leases have remaining lease terms from one to eight years. Also, they provide renewal options and are contingent on budgetary appropriations each fiscal year. The future minimum rental payments required under these operating leases as of June 30, 2010, are as follows: Governmental Activities $ 10,292,895 7,264,044 5,726,377 3,918,896 2,150,207 2,104,536 Year Ending June 30 2011 2012 2013 2014 2015 2016-18 Total minimum payments required $ 31,456,955 NOTE 17 – RISK MANAGEMENT Self-Insurance The Risk Management Fund (internal service fund) accounts for the financing of the insured risk of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees and natural disasters. The County is exposed to various risks of loss related to torts, theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; and natural disasters. The County carries commercial insurance for all such risks of loss, including workers’ compensation and employees’ health and accident insurance. Settled claims have not exceeded this commercial coverage since the inception of these insurance policies. Liabilities for unpaid claims are estimates determined by an independent actuary using the following actuarial methods: reported loss development, paid loss development, Bornhuetter-Ferguson reported loss and paid loss, frequency times severity, expected loss, incremental paid workers’ compensation, paid allocated loss adjustment expense to paid loss development – automobile liability, and tail liability for 61 Notes to the Financial Statements (Continued) medical malpractice. Accrued actuarial liabilities are based on a discounted 55 percent confidence level assuming a 2.00 percent annual rate of return on investments. Accrued actuarial liabilities at June 30, 2010, for each insurable area follow: General liability Automobile liability Malpractice Workers’ compensation Property reserve Auto physical damage Unallocated Total $ 55,156,716 1,285,598 14,777,957 12,406,026 360,287 251,850 6,177,194 90,415,628 $ Changes in the unpaid claims liability reported in the Risk Management Fund follow: Year 2007-08 2008-09 2009-10 $ Balance July 1 57,730,019 58,072,094 62,429,120 Current-Year Claims And Changes In Estimates $ 13,460,325 13,180,821 37,749,796 Claims Payments $ (13,118,250) (8,823,795) (9,763,288) Balance June 30 $ 58,072,094 62,429,120 90,415,628 The Employee Benefits Trust Fund (internal service fund) accounts for the financing of the insured risk of loss for certain health benefits (medical, dental, short-term disability, and medical incentives) to eligible employees and their dependents. The liability for medical, dental, short-term disability, behavioral health, and vision claims is based on fiscal year 2010 actuarial reports. Accrued actuarial liabilities at June 30, 2010, for each insurable area follow: Medical Dental Short-term disability Behavioral health Vision Total $ $ 7,444,935 374,756 380,146 252,691 52,502 8,505,030 Changes in the unpaid claims liabilities reported in the Employee Benefits Trust Fund follow: Year 2007-08 2008-09 2009-10 Balance July 1 $ 2,206,068 10,546,651 11,497,701 Current-Year Claims And Changes In Estimates $ 95,933,611 99,512,245 98,619,427 Claims Payments $ (87,449,314) (98,479,540) (101,612,098) Other Payments $ (143,714) (81,655) Balance June 30 $ 10,546,651 11,497,701 8,505,030 Other Claims The County has exposure to the following claim areas carrying no commercial insurance: Indigent Health Care Litigation - At June 30, 2010, there were approximately two dozen hospitals and health care professionals seeking reimbursement from the County for health care medical services pertaining to indigent health care. This represents approximately 52,785 claims with a full-billed charge of approximately $252 million. This amount is subject to a statutory discount that averages more than 50%. To date, $64 million in claims with individual hospitals were settled for less than $3 million; however, the method of determining the settlement amount can vary between hospitals as each hospital has a different set of requirements for calculating and agreeing on a settlement. The Superior Court of Maricopa County 62 Notes to the Financial Statements (Continued) appointed a Special Master to facilitate the dispute process. As of April 2008, the Special Master recommended decisions and the presiding judge accepted the recommendations that resulted in three judgments against Maricopa County in the combined amount of $42,015,532, including interest and statutory penalties. Maricopa County appealed these decisions to the Arizona Court of Appeals, which were reversed and remanded in March 2010. In the opinion of outside legal counsel, it is impossible to reasonably estimate the amount of the loss because of overlapping defenses and imprecise state statute standards that were applied; therefore, no accrual for potential liability can be reasonably determined. NOTE 18 – POLLUTION REMEDIATION OBLIGATIONS Maricopa County has estimated and reported a pollution remediation obligation in the government-wide financial statements for the current or potential detrimental effects of existing pollution. At June 30, 2010, the County reported $4,891,281 in claims and judgments, which is comprised of the following pollution remediation obligations. Asbestos – The National Emission Standards for Hazardous Air Pollutants, 40 CFR §61.145, requires the County to inspect buildings for the existence of asbestos prior to the commencement of any demolition or renovation work. As of June 30, 2010, the County had several facilities under consideration for demolition or renovation. The County has reported an estimated pollution remediation liability of $347,986 for these projects, which is an estimate provided by a professional environmental consultant. The estimate accounts for pre-cleanup activities, including site assessments to identify hazardous exposure to materials and characterizes and quantifies the potential risk posed at the sites, if any. Cave Creek Landfill – The County has entered into a Consent Decree with the Arizona Department of Environmental Quality (ADEQ) to evaluate the Cave Creek Landfill as a source of groundwater contamination. As of June 30, 2010, the County has reported a pollution remediation liability of $735,595, which is an engineering estimate provided by a professional environmental consultant. The estimate consists of mandated testing costs, completion of the remedial action plan, public meetings, and the recommended remediation at the landfill. Hassayampa Landfill – On July 22, 1987, the Hassayampa Landfill was added to the Superfund National Priorities List by the United States Environmental Protection Agency (EPA), pursuant to the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA), 42 U.S.C. §9605(8), due to suspected groundwater contamination. On February 19, 1988, nine of the major potentially responsible parties (PRP) for the site entered into a Consent Order with the EPA to conduct the Remedial Investigation and Feasibility Study. On August 6, 1992, a Record of Decision was signed and detailed the EPA’s selected cleanup remedy, which resulted in the formation of the Hassayampa Steering Committee (HSC). The HSC, an unincorporated association, consists of 11 PRP’s that entered into a Unilateral Administrative Order with the EPA on March 30, 1993, to conduct additional investigation activities and to begin remedial design and action activities on the groundwater treatment system and soil cap. In September 1997, a Preliminary Close-Out Report was completed and the EPA certification of the completion of construction of the remedial action was issued in April 1998. The groundwater extraction and treatment system and soil vapor extraction and treatment system will continue to be run by the PRP’s until the groundwater and soil meet cleanup levels. The HSC hires consultants that recommend site actions, meet with regulators, and develop cost estimates for remediation of the Hassayampa Landfill. The County is responsible for 27.78% of the HSC’s cost remediation. As of June 30, 2010, the County has reported a pollution remediation liability of $2,555,760, based on the cost estimates provided by the consultants. Stormwater – Under the Clean Water Act, the National Pollutant Discharge Eliminations System Stormwater Program, 40 CFR §122, requires the implementation of controls designed to prevent harmful pollutants from being washed by stormwater runoff into bodies of water. As of June 30, 2010, an audit of County-owned facilities was conducted to ensure compliance with Federal regulations. Based on the 63 Notes to the Financial Statements (Continued) results of the audit, the County has reported an estimated pollution remediation liability of $1,251,940, which is an estimate provided by a professional environmental consultant. The estimate accounts for precleanup activities, including an engineering study which recommended a method for collecting and containing stormwater runoff. The County pollution remediation liability is subject to change due to changes in the cost of goods and services, changes in remediation technology, or changes in laws and regulations governing the remediation effort. The County has no estimated recoveries at this time. NOTE 19 – PENSIONS AND OTHER POSTEMPLOYMENT BENEFITS Plan Descriptions The County contributes to the four plans described below. Benefits are established by state statute and the plans generally provide retirement, long-term disability, and health insurance premium benefits, including death and survivor benefits. The retirement benefits are generally paid at a percentage, based on years of service, of the retirees’ average compensation. Long-term disability benefits vary by circumstance, but generally pay a percentage of the employee’s monthly compensation. Health insurance premium benefits are generally paid as a fixed dollar amount per month towards the retiree’s healthcare insurance premiums, in amounts based on whether the benefit is for the retiree or for the retiree and his or her dependents. The Arizona State Retirement System (ASRS) administers a cost-sharing, multiple-employer defined benefit pension plan; a cost-sharing, multiple-employer defined benefit health insurance premium plan; and a cost-sharing, multiple-employer defined benefit long-term disability plan that covers employees of the State of Arizona and employees of participating political subdivisions and school districts. The ASRS is governed by the Arizona State Retirement System Board according to the provisions of A.R.S. Title 38, Chapter 5, Article 2. The Public Safety Personnel Retirement System (PSPRS) (Maricopa County Sheriff and Maricopa County Attorney Investigators) administers an agent multiple-employer defined benefit pension plan and an agent multiple-employer defined benefit health insurance premium plan that covers public safety personnel who are regularly assigned hazardous duty as employees of the State of Arizona and participating political subdivisions. The PSPRS, acting as a common investment and administrative agent, is governed by a five member board, known as The Fund Manager, and the participating local boards according to the provisions of A.R.S. Title 38, Chapter 5, Article 4. The Corrections Officer Retirement Plan (CORP) (Maricopa County Corrections Officers and Administrative Office of the Courts Probation Officers (AOC Probation)) administers an agent multipleemployer defined benefit pension plan and an agent multiple-employer defined benefit health insurance premium plan that covers state, county, and local correction officers; dispatchers; and probation, surveillance, and juvenile detention officers. The CORP is governed by The Fund Manager of PSPRS and the participating local boards according to the provisions of A.R.S. Title 38, Chapter 5, Article 6. The Elected Officials Retirement Plan (EORP) administers a cost-sharing, multiple-employer defined benefit pension plan and a cost-sharing, multiple-employer defined benefit health insurance premium plan that covers State of Arizona and county elected officials and judges, and elected officials of participating cities. The EORP is governed by The Fund Manager of PSPRS according to the provisions of A.R.S. Title 38, Chapter 5, Article 3. Because the health insurance premium plan benefit of the EORP is not established as a formal trust, the EORP is reported in accordance with GASB Statement No. 45 as an agent multiple-employer defined benefit plan. Accordingly, the disclosures that follow reflect the EORP as if it were an agent multiple-employer defined benefit plan. 64 Notes to the Financial Statements (Continued) 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. ASRS 3300 N. Central Avenue P.O. Box 33910 Phoenix, AZ 85067-3910 (602) 240-2000 or (800) 621-3778 www.azasrs.gov PSPRS, CORP, EORP 3010 E. Camelback Road, Suite 200 Phoenix, AZ 85016-4416 (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 for the ASRS, PSPRS, CORP, and EORP. Cost-Sharing Plans - For the year ended June 30, 2010, active ASRS members were required by statute to contribute at the actuarially determined rate of 9.40 percent (9.00 percent for retirement and 0.4 percent for long-term disability) of the members’ annual covered payroll and the County was required by statute to contribute at the actuarially determined rate of 9.40 percent (8.34 percent for retirement, 0.66 percent for health insurance premium, and 0.4 percent for long-term disability) of the members’ annual covered payroll. The County’s contributions for the current and 2 preceding years, all of which were equal to the required contributions, were as follows: Year ended June 30 2010 2009 2008 Health Benefit Supplement Fund $ 2,745,929 4,218,640 4,992,957 Retirement Fund $ 34,698,556 35,111,385 38,279,334 Long-Term Disability Fund $ 1,663,726 2,197,279 2,377,738 Agent Plans - For the year ended June 30, 2010, active PSPRS (Maricopa County Sheriff) members were required by statute to contribute 7.65 percent of the members’ annual covered payroll, and the County was required to contribute 22.28 percent, the aggregate of which is the actuarially required amount. The health insurance premium portion of the contribution rate was actuarially set at 1.38 percent of covered payroll. 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 26.02 percent, the aggregate of which is the actuarially required amount. The health insurance premium portion of the contribution rate was actuarially set at 1.48 percent of covered payroll. Active CORP (Maricopa County Corrections Officers) members were required by statute to contribute 8.41 percent of the members’ annual covered payroll. In addition, the County was required to contribute 8.65 percent. The aggregate of members’ and the County’s contributions is the actuarially required amount. The health insurance premium portion of the contribution rate was actuarially set at 0.74 percent of covered payroll. Active CORP (AOC Probation) members were required by statute to contribute 8.41 percent of the members’ annual covered payroll, and the County was required to contribute 6.00 percent. The health insurance premium portion of the contribution rate was set at 0.24 percent of covered payroll. Active EORP members were required by statute to contribute 7.00 percent of the members’ annual covered payroll; and the County was required to remit a designated portion of certain court fees plus additional contributions at the actuarially determined rate of 14.25 percent of the members’ annual covered. The health insurance premium portion of the contribution rate for normal cost was actuarially set at 1.89 percent of covered payroll. 65 Notes to the Financial Statements (Continued) Actuarial methods and assumptions – Except for the contribution requirements for probation officers participating in the CORP (AOC Probation) plan, which were established by state statute, the contribution requirements for the year ended June 30, 2010, were established by the June 30, 2008, actuarial valuations, and those actuarial valuations were based on the following actuarial methods and assumptions. Actuarial valuations involve estimates of the value of reported amounts and assumptions about the probability of events in the future. Amounts determined regarding the funded status of the plans and the annual required contributions are subject to continual revision as actual results are compared to past expectations and new estimates are made. The required schedule of funding progress presented as required supplementary information provides multiyear trend information that shows whether the actuarial value of the plans’ assets are increasing or decreasing over time relative to the actuarial accrued liability for benefits. Projections of benefits are based on 1) the plans as understood by the County and plans’ members and include the types of benefits in force at the valuation date, and 2) the pattern of sharing benefit costs between the County and plans’ members to that point. Actuarial calculations reflect a long-term perspective and employ methods and assumptions that are designed to reduce short-term volatility in actuarial accrued liabilities and the actuarial value of assets. The significant actuarial methods and assumptions used are the same for all plans and related benefits (unless noted), and the actuarial methods and assumptions used to establish the fiscal year 2010 contribution requirements, are as follows: Actuarial valuation date Actuarial cost method Amortization method June 30, 2008 Projected unit credit Level percent closed for unfunded accrued liability, open for excess 28 years for unfunded actuarial accrued liability, 20 years for excess Smoothed market value Remaining amortization period Asset valuation method Actuarial assumptions: Investments rate of return Projected salary increases includes inflation at 8.50% 5.50%-8.50% for PSPRS and CORP, 5.00% for EORP 5.50% for PSPRS and CORP; 5.00% for EORP Annual Pension Cost/OPEB Cost - The County’s pension/OPEB cost for the agent plans for the year ended June 30, 2010, and related information follows. (Sheriff) PSPRS (Investigators) (Corrections) CORP (AOC Probation) EORP Pension: Annual pension/OPEB cost Contributions made $ 8,626,734 8,626,734 $ 186,669 186,669 $ 6,887,446 6,887,446 $ 3,129,385 3,129,385 $ 6,841,525 6,841,525 Health Insurance: Annual pension/OPEB cost Contributions made $ 661,753 661,753 $ 13,112 13,112 $ 666,285 666,285 $ 130,391 130,391 $ 341,585 341,585 Trend Information – Annual pension cost information for the current and two preceding years for each of the agent plans follows. Separately reported OPEB cost information for the last year of the required trend information will be prepared next year when it becomes available. 66 Notes to the Financial Statements (Continued) Plan Year Ended June 30, 2010 Pension: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) CORP (AOC Probation) EORP Health Insurance: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) CORP (AOC Probation) EORP Year Ended June 30, 2009 Pension: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) CORP (AOC Probation) EORP Health Insurance: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) CORP (AOC Probation) EORP Contributions Required and Contributions Made Percentage of APC Annual Pension/OPEB Contributed Cost (APC) Net Pension/OPEB Obligation $ 8,626,734 186,669 6,887,446 3,129,385 6,841,525 100.0% 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 0 $ 661,753 13,112 666,285 130,391 341,585 100.0% 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 0 $ 9,590,556 246,353 6,914,379 5,164,621 6,723,511 100.0% 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 0 $ 704,911 20,288 666,285 137,570 155,555 100.0% 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 0 $ 8,113,925 212,452 4,964,182 5,412,947 4,971,190 100.0% 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 0 $ 752,864 16,036 675,289 144,185 180,890 100.0% 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 0 Year Ended June 30, 2008 Pension: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) CORP (AOC Probation) EORP Health Insurance: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) CORP (AOC Probation) EORP Funded Status - The funded status of the plans as of the most recent valuation date, June 30, 2010, along with the actuarial assumptions and methods used in those valuations follow. All participating jurisdictions of the CORP (AOC Probation) plan are grouped under one local board and only one actuarial report is completed for the entire group. As a result, data regarding the actuarial accrued liabilities, actuarial value of assets, and funded status of the plan is not available solely for Maricopa County. Thus, the information provided below for CORP (AOC Probation) represents data for the entire plan group and includes all participating jurisdictions. The EORP, by statute, is a cost-sharing plan. However, because of its statutory construction, in accordance with GASB Statement No. 43, paragraphs 5 and 41, the EORP is reported for such purposes as an agent multiple-employer plan. The Fund Manager obtains an actuarial valuation for the EORP on its statutory basis as a cost-sharing plan and, therefore, actuarial information for the County, as a participating government, is not available. 67 Notes to the Financial Statements (Continued) CORP PSPRS Sheriff Actuarial accrued liability (a) Actuarial value of assets (b) Unfunded actuarial accrued liability (funding excess) (a)–(b) Pension Health Insurance $281,045,364 Corrections Pension Health Insurance $ 7,474,553 $ 7,964,961 $187,743,372 $ 0 $ 93,301,992 $ 7,474,553 Funded ratio (b)/(a) Covered payroll (c) Unfunded actuarial accrued liability as a % of covered payroll ([(a)–(b)]/(c)) Investigators AOC Probation Pension Health Insurance Pension Health Insurance $ 126,203 $204,757,256 $ 6,875,978 $ 322,172,825 $ 13,685,599 $ 4,319,676 $ 0 $ 172,709,875 $ 0 $ 244,483,431 $ $ 3,645,285 $ 126,203 $ 32,047,381 $ 6,875,978 $ 77,689,394 $ 13,685,599 0 66.8% 0.0% 54.2% 0.0% 84.3% 0.0% 75.9% 0.0% $ 41,689,799 $41,689,799 $ 767,797 $ 767,797 $ 87,326,372 $87,326,372 $ 97,042,154 $ 97,042,154 223.8% 17.9% 474.8% 16.4% 36.7% 7.9% 80.1% 14.1% The actuarial methods and assumptions used are the same for all plans and related benefits, and for the most recent valuation date, are as follows: Actuarial valuation date Actuarial cost method Amortization method Remaining amortization period Asset valuation method Actuarial assumptions: Investment rate of return Projected salary increases includes inflation at June 30, 2010 Projected unit credit Level percent-of-pay closed 26 years for unfunded actuarial accrued liability, 20 years for excess 7-year smoothed market 8.50% 5.50%-8.50% for PSPRS and CORP, 5.00% for EORP 5.50% for PSPRS and CORP; 5.00% for EORP NOTE 20 – INTERFUND BALANCES AND ACTIVITY Interfund receivables and payables – interfund balances at June 30, 2010, were as follows: Payable To General Fund $ 7,439,014 825,491 $ 8,264,505 Payable from Nonmajor Governmental Funds Internal Service Funds Total Due From Total Due To $ 7,439,014 825,491 $ 8,264,505 All interfund receivables and payables represent cash deficits that were the result of timing differences from grant revenues received in the subsequent year and cash transfers that had not occurred at June 30, 2010. Interfund transfers – interfund transfers for the year ended June 30, 2010, were as follows: Transfers In General Fund Transfers Out General Fund $ Detention County General Fund County Nonmajor Operations Fund Improvement Debt Fund Improvements Fund Governmental Funds $ $ $ $174,201,720 Detention Operations Fund 2,065,961 County Improvement Debt Fund General Fund County Improvements Fund 1,264,864 Nonmajor Governmental Funds 7,580 65,288,784 4,000 9,065,698 $ 3,338,405 $ 239,837,008 2,069,961 1,264,864 1,081,585 90,000 Internal Service Funds Total Transfers In 346,504 Total Transfers Out $174,201,720 $ 10,147,283 $ 65,378,784 46,506,143 55,571,841 83,536,676 36,693 $130,430,016 84,715,841 36,693 $ 383,496,208 Transfers of capital assets: Internal Service Funds transfer of capital assets to governmental activities 68 38,698 $ 383,534,906 Notes to the Financial Statements (Continued) In the fund financial statements, total transfers in of $383,496,208 are less than transfers out of $383,534,906 because of transfers of capital assets between the proprietary and governmental funds. During the year, existing capital assets with book values of $38,698 were transferred from the internal service funds to governmental activities. The internal service funds reported transfers out for the net carrying value of the assets; however, there were no offsetting transfers in reported as these capital assets were transferred to governmental activities in the government-wide financial statements. All interfund transfers are budgeted and are used to move revenues from the fund that collects them to the fund that expends them. The interfund receivables, payables, and transfers by fund are as follows: MAJOR FUNDS General Fund Due To Other Funds Due From Other Funds Funds $ 8,264,505 $ $ Special Revenue Funds Detention Operations Transfers Out Transfers In 3,338,405 $ 239,837,008 174,201,720 2,069,961 Debt Service Funds County Improvement Debt 10,147,283 1,264,864 Capital Projects Funds General Fund County Improvements 65,378,784 55,571,841 NONMAJOR FUNDS Special Revenue Funds Air Quality Grants Air Quality Fees Animal Control Field Operations Animal Control Grants Animal Control License/Shelter Ballpark Operations Cactus League Operations CDBG Housing Trust Clerk of the Court Grants Correctional Health Grants Emergency Management Environmental Services Environmental Health Environmental Services Grants Flood Control Human Services Grants Library District Medical Examiner Grant Parks Enhancement Parks Souvenir Planning and Development Fees Public Health Fees Public Health School Grants Sheriff Grants Sheriff RICO Small School Service Solid Waste Grants Solid Waste Management Transportation Grants Transportation Operations Trial Courts Grants 454,680 116,879 122,404 72,133 23,689 110,000 1,031,314 2,477,897 324,915 72,374 3,846 37,771 67,466 2,500 40,627,383 177,832 2,323,290 659,469 4,251,154 96,807 17,990 96,807 4,517 95,135 28,530 3,425,510 13,295 16,806 400,467 33,049 273,174 16,806 199,250 10,000 35,567,886 1,000,000 110,000 54,548 1,062 125,153 Debt Service Fund Stadium District Debt Service Capital Projects Funds County Improvement Capital Projects Flood Control Capital Projects Intergovernmental Capital Projects Library District Capital Improvement Long Term Project Reserve Transportation Capital Projects 46,506,143 40,627,383 180,000 3,591,685 1,477,897 35,544,286 69 90,000 23,689 Notes to the Financial Statements (Continued) Due From Other Funds Funds Internal Service Funds Equipment Services Sheriff Warehouse Telecommunications Total $ Due To Other Funds $ Transfers In $ Transfers Out $ 32,698 825,491 42,693 $ 8,264,505 $ 8,264,505 $ 383,496,208 $ 383,534,906 $ 38,698 383,534,906 $ 383,534,906 Transfer of capital assets to/from Governmental activities: Telecommunications NOTE 21 – SUBSEQUENT EVENTS On September 22, 2010, the Maricopa County Board of Supervisors adopted a resolution to review Sheriff’s Office financial transactions for alleged misspending of Detention Operations Fund monies, which are restricted as to purpose. However, a reasonable estimate will not be known until further financial transaction reviews are complete; therefore, no accrual for potential General Fund liability can be reasonably determined, as of December 20, 2010. On December 13, 2010, the Maricopa County Board of Supervisors adopted a resolution, pursuant to Arizona Revised Statutes (“A.R.S.”) §36-1404, for the Housing Authority of Maricopa County (Authority). Although the Authority is still considered a legally separate entity pursuant to A.R.S.§36-1404, as a result of this resolution, the Maricopa County Board of Supervisors now serves as the Authority’s Board of Commissioners and is able to significantly influence the programs, projects, activities and level of services provided by the Authority. Therefore, effective December 13, 2010, the Authority is considered a blended component unit of the County. 70 Financial Section Required Supplementary Information Required Supplementary Information Maricopa County Required Supplementary Information Budgetary Comparison Schedule General Fund For the Fiscal Year Ended June 30, 2010 Variance With Final Budget Budgeted Amounts Actual Amounts Final Original Positive (Negative) REVENUES Taxes Licenses and permits $ 502,850,934 $ 502,850,934 $ 512,095,327 $ 9,244,393 2,210,000 2,210,000 2,779,036 569,036 497,930,610 502,685,275 500,275,582 (2,409,693) Charges for services 41,805,143 41,991,841 40,657,912 (1,333,929) Fines and forfeits 19,597,179 19,597,179 15,408,818 (4,188,361) Miscellaneous 12,288,000 12,000,000 6,597,259 (5,402,741) 3,338,106 1,080,019,972 3,626,106 1,084,961,335 5,793,102 1,083,607,036 2,166,996 (1,354,299) Intergovernmental Interest income Total revenues EXPENDITURES General government County Assessor 22,816,543 22,816,543 22,401,486 415,057 Board of Supervisors 3,078,331 3,010,148 2,366,968 643,180 County Call Center 1,363,590 1,363,590 1,354,846 8,744 County Managers Office 2,434,692 2,434,692 2,212,162 222,530 Elections 8,212,297 12,912,297 12,038,929 873,368 Enterprise Technology 7,614,262 7,307,209 6,793,801 513,408 Finance 3,282,573 3,363,503 3,310,351 53,152 General Litigation 5,205,817 5,205,817 3,692,026 1,513,791 Internal Audit 1,553,494 1,553,494 1,545,857 7,637 Management & Budget 3,186,167 3,186,167 2,840,288 345,879 Materials Management 1,884,254 2,126,254 1,855,595 270,659 11,340,005 11,993,457 11,181,278 812,179 2,095,117 2,095,117 1,649,608 445,509 391,970 391,970 309,134 82,836 Special Litigation 2,135,828 2,135,828 1,507,924 627,904 Treasurer 2,618,874 3,321,766 3,195,012 126,754 Workforce Management and Development 3,049,142 3,049,142 2,741,341 307,801 307,456,899 389,719,855 285,755,424 374,022,418 126,583,282 207,579,888 159,172,142 166,442,530 Adult Probation 58,854,159 58,104,159 56,850,728 1,253,431 Clerk of Superior Court 30,056,139 30,056,139 28,481,689 1,574,450 Constables 2,403,317 2,442,982 2,303,674 139,308 Correctional Health 3,049,876 3,049,876 3,042,953 6,923 56,599,487 56,599,487 56,567,230 32,257 4,013,122 7,739,577 7,469,509 270,068 173,881 173,881 161,156 12,725 14,488,923 14,488,923 13,966,414 522,509 Public Works Recorder Research and Reporting General Government Total general government Public safety County Attorney County Attorney Civil Emergency Management Justice Courts Juvenile Defender 4,164,849 4,164,849 4,157,278 7,571 Juvenile Probation 16,449,965 15,699,965 14,129,719 1,570,246 The notes to the budgetary comparison schedules are an integral part of this schedule 73 (continued) Maricopa County Required Supplementary Information Budgetary Comparison Schedule General Fund (Continued) For the Fiscal Year Ended June 30, 2010 Variance With Final Budget Budgeted Amounts Actual Amounts Final Original Positive (Negative) Public safety (cont.) Legal Defender $ Medical Examiner Office Contract Counsel Office of Legal Advocate Public Defender Public Fiduciary Sheriff Trial Courts Total public safety 9,855,901 $ 9,855,901 $ 9,680,808 $ 175,093 6,659,432 6,684,432 6,565,325 119,107 14,353,929 26,853,929 26,425,640 428,289 8,770,615 8,770,615 8,705,853 64,762 34,713,248 34,713,248 33,632,943 1,080,305 2,477,439 2,477,439 2,354,769 122,670 62,324,473 62,407,303 61,547,313 859,990 62,531,673 391,940,428 64,071,085 408,353,790 63,925,209 399,968,210 145,876 8,385,580 Health, welfare and sanitation Animal Control Services 257,903 257,903 257,902 1 Environmental Services 3,420,072 3,420,072 3,357,195 62,877 237,341,157 238,841,157 152,950,050 85,891,107 2,313,610 2,313,610 2,049,091 264,519 10,742,840 10,742,840 9,043,164 1,699,676 254,075,582 255,575,582 167,657,402 87,918,180 694,615 694,615 690,170 4,445 2,035,900 2,413,954 2,312,946 101,008 1,038,466,380 1,041,060,359 778,208,616 262,851,743 41,553,592 43,900,976 305,398,420 261,497,444 Health Care Programs Human Services Public Health Total health, welfare and sanitation Culture and recreation Parks and Recreation Education Superintendent of Schools Total expenditures Excess of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing uses Net change in fund balances Fund balance – beginning of period 10,142,704 12,102,118 13,366,982 1,264,864 (235,546,704) (225,404,000) (239,853,502) (227,751,384) (239,837,008) (226,470,026) 16,494 1,281,358 (183,850,408) (183,850,408) 78,928,394 262,778,802 183,850,408 183,850,408 430,965,221 247,114,813 Decrease in reserve for inventory of supplies Fund balance – ending of period (369,815) $ $ The notes to the budgetary comparison schedules are an integral part of this schedule. 74 $ 509,523,800 (369,815) $ 509,523,800 Maricopa County Required Supplementary Information Budgetary Comparison Schedule Detention Operations Fund For the Fiscal Year Ended June 30, 2010 Variance With Final Budget Budgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes $ 109,246,467 $ 109,246,467 $ Intergovernmental Charges for services Interest income $ (2,151,787) 4,006,872 4,006,872 32,870,240 32,870,240 31,242,010 (1,628,230) 6,500,000 6,500,000 3,701,825 (2,798,175) 148,616,707 148,616,707 4,383 146,049,770 4,383 (2,566,937) 375,252,261 371,116,339 287,784,433 83,331,906 9,600 375,261,861 9,600 371,125,939 363,423 288,147,856 (353,823) 82,978,083 (226,645,154) (222,509,232) (142,098,086) 80,411,146 174,201,714 174,201,714 174,201,720 6 174,201,714 (2,069,961) 172,131,753 (2,069,961) 172,131,759 6 (52,443,440) (50,377,479) 30,033,673 80,411,152 52,443,440 52,443,440 190,776,495 138,333,055 Miscellaneous Total revenues 107,094,680 EXPENDITURES Current: Public safety Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources Net change in fund balances Fund balance – beginning of period Decrease in reserve for inventory of supplies Fund balance– ending of period (179,007) $ $ 2,065,961 The notes to the budgetary comparison schedules are an integral part of this schedule 75 $ 220,631,161 (179,007) $ 218,565,200 Maricopa County Required Supplementary Information Note to Budgetary Comparison Schedules June 30, 2010 NOTE 1 – BUDGETARY BASIS OF ACCOUNTING Budgeting and Budgetary Control Arizona Revised Statutes (A.R.S.) requires the County to prepare and adopt a balanced budget annually for each governmental fund. The Board of Supervisors must approve such operating budgets on or before the third Monday in July to allow sufficient time for the legal announcements and hearings required for the adoption of the property tax levy on the third Monday in August. A.R.S. prohibits 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, with the exception of the following funds: Accommodation Schools, Street Lighting District, Special Assessment, and the Special Improvement Districts funds. In accordance with GASB Statement No. 34, budgetary comparison schedules should be presented in the required supplementary information for only the General Fund and for each major Special Revenue Fund. Formal budget integration is not employed for the Internal Service Funds because effective budgetary control is alternatively achieved through capability of cost recovery. Budgeted amounts are reported as originally adopted and as amended by authorization from the Board of Supervisors. All budget adjustments with the exception of the Judicial Branch, which includes Adult Probation, Justice Courts, Juvenile Probation and Superior Court, require authorization from the Board of Supervisors. The Judicial Branch appropriations can be moved between the Judicial Branch departments by fund, as requested and approved by the Presiding Judge, without further Board approval. Budgeted appropriations include expenditures and transfers out. Expenditures and transfers out may not legally exceed appropriations at the department level. With the exception of the General Fund, each fund includes only one department. General Fund indirect costs recovery was a budgeted activity, but this activity was eliminated on the Statement of Revenues, Expenditures, and Changes in Fund Balances. The following schedule reconciles the excess of revenues over expenditures from the Statement of Revenues, Expenditures, and Changes in Fund Balances to the budgetary comparison schedules. General Fund Excess of revenues over expenditures from the Statement of Revenues, Expenditures, and Changes in Fund Balances Net indirect cost adjustment – revenue /expenditures $ 315,426,997 (10,028,577) Excess of revenues over expenditures from the budgetary comparison schedule $ 305,398,420 76 Maricopa County Required Supplementary Information Schedule of Agent Retirement Plans’ Funding Progress June 30, 2010 Public Safety Personnel Retirement System (1) (2) (3) (4) (5) Actuarial Value of Plan Assets Actuarial Accrued Liability Funding (Liability) Excess (1)-(2) Funded Ratio (1)/(2) Annual Covered Payroll $ 187,743,372 184,754,232 176,283,622 $ 281,045,364 269,293,904 263,739,385 $ (93,301,992) (84,539,672) (87,455,763) 66.8% 68.6% 66.8% $ 41,689,799 44,607,743 47,953,146 (223.8%) (189.5%) (182.4%) $ 0 0 0 $ 7,474,553 7,162,362 7,614,844 $ (7,474,553) (7,162,362) (7,614,844) 0.0% 0.0% 0.0% $ 41,689,799 44,607,743 47,953,146 (17.9%) (16.1%) (15.9%) $ 4,319,676 4,564,329 4,457,601 $ 7,964,961 7,719,853 7,013,174 $ (3,645,285) (3,155,524) (2,555,573) 54.2% 59.1% 63.6% $ 767,797 837,703 885,955 (474.8%) (376.7%) (288.5%) $ 0 0 0 $ 126,203 148,217 166,787 0.0% 0.0% 0.0% $ 767,797 837,703 885,955 (16.4%) (17.7%) (18.8%) Actuarial Valuation Date Sheriff Pension 6/30/2010 6/30/2009 6/30/2008 Health Insurance 6/30/2010 6/30/2009 6/30/2008 Investigators Pension 6/30/2010 6 /3 0 /2 0 0 9 6/30/2008 Health Insurance 6/30/2010 6 /3 0 /2 0 0 9 6/30/2008 $ (126,203) (148,217) (166,787) (6) Unfunded Liability as a Percentage of Covered Payroll (3)/(5) Corrections Officer Retirement Plan Actuarial Valuation Date Correction Officers Pension 6/30/2010 6 /3 0 /2 0 0 9 6/30/2008 Health Insurance 6/30/2008 6 /3 0 /2 0 0 9 6/30/2008 AOC Probation Officers Pension 6/30/2010 6 /3 0 /2 0 0 9 6/30/2008 Health Insurance 6/30/2010 6 /3 0 /2 0 0 9 6/30/2008 (1) (2) (3) (4) (5) Actuarial Value of Plan Assets Actuarial Accrued Liability Funding (Liability) Excess (1)-(2) Funded Ratio (1)/(2) Annual Covered Payroll $ (32,047,381) (26,470,998) (31,453,224) 84.3% 85.8% 82.1% $ 87,326,372 88,455,819 90,038,577 (36.7%) (29.9%) (34.9%) 6,875,978 6,325,348 5,997,251 (6,875,978) (6,325,348) (5,997,251) 0.0% 0.0% 0.0% $ 87,326,372 88,455,819 90,038,577 (7.9%) (7.2%) (6.7%) $ 244,483,431 $ 322,172,825 230,306,951 296,763,462 205,281,974 178,915,393 $ (77,689,394) (66,456,511) 26,366,581 75.9% 77.6% 114.7% $ 97,042,154 102,605,280 110,623,732 (80.1%) (64.8%) 0.0% $ $ (13,685,599) (12,993,540) (2,136,516) 0.0% 0.0% 0.0% $ 97,042,154 102,605,280 110,623,732 (14.1%) (12.7%) (1.9%) $ 172,709,875 $ 204,757,256 159,924,267 186,395,265 144,634,516 176,087,740 $ 0 $ 0 0 0 $ 0 0 13,685,599 12,993,540 2,136,516 77 (6) Unfunded Liability as a Percentage of Covered Payroll (3)/(5) Maricopa County Required Supplementary Information Note to Schedule of Agent Retirement Plans’ Funding Progress June 30, 2010 NOTE 1 – ACTUARIAL INFORMATION AVAILABLE For the CORP (AOC Probation) plan, all participating jurisdictions are grouped under one local board and only one actuarial report is completed for the entire group. As a result, the information provided for CORP (AOC Probation) represents data for the entire plan group as data regarding the actuarial accrued liabilities, actuarial value of assets, and funded status of the plan is not available solely for Maricopa County. The EORP, by statute, is a cost-sharing plan. However, because of its statutory construction, in accordance with GASB Statement No. 43, paragraphs 5 and 41, the EORP is reported for such purposes as an agent multiple-employer plan. The Fund Manager obtains an actuarial valuation for the EORP on its statutory basis as a cost-sharing plan and, therefore, actuarial information for the County, as a participating government, is not available. 78 Maricopa County Required Supplementary Information Modified Approach for Infrastructure Assets For the Fiscal Year Ended June 30, 2010 Condition Rating of Maricopa County Roadway System Percentage of Lane Miles in Very Good or Excellent Condition (71-100) Roadway System FY 2010 87% FY 2009 86% FY 2008 84% FY 2007 82% FY 2006 83% Percentage of Lane Miles in Substandard Condition < 55 Roadway System FY 2010 FY 2009 FY 2008 FY 2007 FY 2006 1% 1% 2% 2% 3% Comparison of Estimated to Actual Maintenance/Preservation Estimated Actual FY 2010 FY 2009 FY 2008 FY 2007 $ 33,256,730 $ 26,678,268 $ 10,343,500 $ 12,525,108 $ 11,473,000 $ 11,236,488 $ 12,489,748 $ 13,101,752 FY 2006 $ 12,000,936 $ 11,842,077 The condition of road pavement is measured using the Maricopa County Department of Transportation (MCDOT) Road Management System (RMS), which is based on weighted averages of nine distress factors of the pavement surface. The RMS used a measurement scale to evaluate the Pavement Condition Rating (PCR) ranging from zero for a failed pavement to 100 for a pavement in perfect condition. The PCR index is used to classify roads in very good or excellent condition (71-100), good condition (55-70), and substandard condition (less than 55). It is the County’s policy to maintain at least 75% of the roadways at a very good or excellent condition level. No more than 5% should be in a substandard condition. Pavement condition assessments are determined annually for all arterial roads and approximately one-half of the local roads are inspected annually. Condition Rating of Maricopa County Bridge System Percentage of Bridges with a Sufficiency Rating >= 70 Bridge System FY 2010 99% FY 2009 97% FY 2008 99% FY 2007 98% FY 2006 98% Percentage of Bridges with a Sufficiency Rating < 50 Bridge System FY 2010 0% FY 2009 0% FY 2008 0% FY 2007 0% FY 2006 0% Comparison of Estimated to Actual Maintenance/Preservation Estimated Actual FY 2010 $1,730,000 $ 966,743 FY 2009 $2,820,000 $ 955,766 FY 2008 $ 473,000 $ 151,752 FY 2007 $ 950,000 $ 528,034 FY 2006 $ 1,302,721 $ 880,911 The condition of the County’s bridges is determined using the MCDOT bridge inspection program that follows federal mandates and regulations. The bridge sufficiency rating, which is a weighted average of an assessment of the ability of individual components to meet necessary performance requirements, uses a numerical condition scale ranging from 0 to 100. It is the County’s policy that 90% of bridges will have a rating of >=70 and no more than 3% of bridges will have a rating of <50. All bridges are inspected every two years (approximately one-half of the bridges are inspected annually). . 79 80 Financial Section Nonmajor Governmental Funds Combining and Individual Fund Statements and Schedules Nonmajor Governmental Funds Maricopa County Listing of Nonmajor Governmental Funds Special Revenue Funds Accommodation Schools — (Fund 509) Accounts for the maintenance and operations of the accommodation schools. Adult Probation Fees — (Fund 201) 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). Adult Probation Grants — (Fund 211) Revenues consist of grant funds that are used for domestic violence, women’s treatment programs, gang prevention and criminal justice records improvement. Air Quality Fees — (Fund 504) Air Quality works to protect the environment and public health through control, preservation, and improvement of the County’s air quality. Permit revenue authorized by A.R.S. §49-480 is the funding source. Air Quality Grants — (Fund 503) Air Quality Grants was set up to account for all grant activity administered by the Air Quality Department. Animal Control Field Operations — (Fund 574) Accounts for the Animal Control field services that are an optional County service from Animal Control pound activities, which are required by Arizona State Statute. Animal Control Grants — (Fund 573) Animal Control Grants was set up to account for all grant activity administered by Animal Control. Animal Control License/Shelter — (Fund 572) 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. Ballpark Operations — (Fund 253) Accounts for all revenues and expenditures related to Chase Field. Cactus League Operations — (Fund 250) 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. CDBG Housing Trust — (Fund 217) 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. Check Enforcement Program — (Fund 266) Accounts for fees that are collected pursuant to A.R.S. §13-1809 and §13-1810, any investigation and prosecution costs and any monies that are obtained as a result of a forfeiture and that are recovered for the county through enforcement of A.R.S. §13-1802, §13-1807, §13-2002 or §13-2310, whether by final judgment, settlement or otherwise. The monies in the fund shall be used for the investigation, prosecution and deferred prosecution of theft, forgery and fraud. Child Support Enhancement — (Fund 270) Accounts for funds received from a federal incentive award that is utilized for the enhancement of child support collections through efficient operation of the Title IV-D program. Children’s Issues Education — (Fund 281) 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. §25-354. Revenues that are received from the Clerk’s educational program fees supplement any state or county appropriations. Clerk of Court Fill the Gap — (Fund 218) This fund was set up as indicated by A.R.S. §41-2421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by the counties for the processing of criminal cases in the Superior Court, including the Office of the Clerk of the Superior Court, and Justice Courts. Clerk of the Court EDMS — (Fund 274) The Clerk of Court EDMS Fund was established to account for Electronic Document Management System (EDMS) Fees, which are collected as authorized by Board Agenda C16020028, ADM1005 and State Attorney General’s Opinion 195-18 (R94-63). 83 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Clerk of the Court Grants — (Fund 216) 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. Conciliation Court Fees — (Fund 257) Accounts for monies collected under A.R.S. §12-284E 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 — (Fund 292) 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 Fill the Gap — (Fund 221) County Attorney Fill the Gap was set up as indicated by A.R.S. §412421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by the counties for the processing of criminal cases by county attorneys. County Attorney Grants — (Fund 219) 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 RICO — (Fund 213) Accounts for the funds provided by the sale of confiscated property pursuant to A.R.S. §13-2314.03. Operated by the County Attorney, RICO consists of all the activity of the Anti-Racketeering Program. County School Indirect Cost — (Fund 795) Established to collect Title VI-B monies received from the Arizona Department of Education. Court Document Retrieval — (Fund 205) 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. Criminal Justice Enhancement — (Fund 267) Accounts for monies that are allocated to the county attorneys from the Arizona State Criminal Justice Enhancement fund (A.R.S. §41-2401). The funds are to be used for the purpose of enhancing prosecutorial efforts. Del Webb Special Revenue — (Fund 235) Accounts for the revenue received from the Del Webb Anthem community that is restricted to expenditure for development services and recreational services supporting the community. Diversion — (Fund 220) Establishes the ability of counties to offer special supervision programs for non-violent offenders in order to divert them from incarceration (A.R.S. §11-361). Funds are used to provide alternatives to criminal prosecution to appropriate offenders so that they can receive drug rehabilitation services without the cost of prosecution. Domestic Relations Mediation Education — (Fund 282) 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 relations case, pursuant to A.R.S. §12-284. Elections Grants — (Fund 248) Elections Grants was set up to account for all grant activity administered by the Elections Department. Emancipation Administrative Costs – (Fund 277) Emancipation Administrative Costs Fund was established by A.R.S. §12-2456. The fund consists of filing fee for a petition for emancipation of minor pursuant to A.R.S. §12-284, subsection J. Emergency Management — (Fund 215) Emergency Management activity consists of disaster planning and training. Environmental Services Environmental Health — (Fund 506) Environmental Services – Environmental Health Fund was established to account for activities related to the protection of food and water supplies consumed by residents. Funding is provided by fees collected from Health Inspections and the sale of Health Permits. Environmental Services Grants — (Fund 505) Environmental Services Grants was set up to account for all grant activity administered by the County Environmental Services Department. 84 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Expedited Child Support — (Fund 271) Accounts for the funds that are utilized to establish, maintain and enhance programs designed to expedite the processing of petitions filed and enforce the resultant court orders. Revenues collected for subsequent case filing fees for post-decree petitions in dissolution cases, pursuant to A.R.S. §25-412 and A.R.S. §12-284, fund operations. Flood Control — (Fund 991) Provides flood control facilities and regulates floodplains and drainage to prevent flooding of property and endangering the lives of people in Maricopa County. Operations are funded by a secondary tax levy. Flood Control Grants — (Fund 989) Flood Control Grants was set up to account for all grant activity administered by the Flood Control District. General Government Grants — (Fund 249) General Government Grants was set up to account for all non-department specific grant activity. Human Services Grants — (Fund 222) Accounts for the grant funds that are utilized for community action services designed to help the disadvantaged achieve self-sufficiency and family stability. Inmate Health Services — (Fund 254) Accounts for the co-payments received from inmates for self initiated health service pursuant to A.R.S. §31-161 and A.R.S. §31-162. Inmate Services — (Fund 252) 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 inmates. Judicial Enhancement — (Fund 208) Revenues consist of fees and surcharges collected under authority of A.R.S. §12-284.03 and time payment fees collected under authority of A.R.S. §12-116. In addition, revenues are received from the State Judicial 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. Justice Court Judicial Enhancement — (Fund 204) 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. Justice Courts Special Revenue — (Fund 245) 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 Courts Photo Enforcement – (Fund 237) Established by the Board of Supervisors on November 4, 2009 (C24-10-001-M-00) to account for the fee Justice Courts fee revenue and operating expenditures associated with photo radar traffic enforcement. Juvenile Probation Diversion — (Fund 275) The Juvenile Probation Diversion fund was established by A.R.S. §11537 and consists of diversion fees that are collected pursuant to A.R.S. §8-321(N). The monies shall be used at the discretion of the county attorney for administering county community based alternative programs that are established pursuant to A.R.S. §8-321. Juvenile Probation Grants — (Fund 227) Accounts for the grant funds that are utilized for the child nutrition program, family counseling and safe schools program. Juvenile Probation Special Fees — (Fund 228) 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 — (Fund 229) 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. Lake Pleasant Recreation Services — (Fund 240) 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. 85 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Law Library Fees — (Fund 261) Established by A.R.S. §12-305 to account for a portion of the fees collected by the Clerk of Superior Court to be used for the purchase of books for the county law library. Legal Defender Fill the Gap — (Fund 263) Legal Defender Fill the Gap was set up as indicated by A.R.S. §41-2421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by counties for the processing of criminal cases by the county public defender, legal defender and contract indigent defense counsel in each county. Library District — (Fund 244) Provides and maintains library services for the residents of Maricopa County. Operations are funded by a secondary tax levy. Library District Grants — (Fund 242) Library District Grants was set up to account for all grant activity administered by the County Library District. Medical Examiner Grants — (Fund 224) Medical Examiner Grants was set up to account for all grant activity administered by the department of the Medical Examiner. Palo Verde — (Fund 207) Palo Verde receives an annual allocation of approximately $200,000 from the State of Arizona. Expenditures are utilized for nuclear disaster training. Parks and Recreation Grants — (Fund 230) Accounts for the grant funds that are utilized for state lake improvements, park restoration and the construction and maintenance of hiking trails. Parks Donations — (Fund 243) Accounts for donations and contributions activities provided for by citizens or groups pursuant to A.R.S. §11-941. Parks Enhancement — (Fund 241) Accounts for park and recreation revenues and expenditures associated with enhancing parks and recreation programs pursuant to A.R.S. §11-941. Parks Souvenir — (Fund 239) Accounts for sales proceeds of sundry items at the Maricopa County Parks. Parks Spur Cross Ranch Conservation — (Fund 225) Accounts for the money collected from a Town imposed ½% transaction privilege tax for the operation of the County park (A.R.S. §11-941). The Town was to commence collection of the tax by December 1, 2000. Planning and Development Fees — (Fund 226) Performs mandated community planning functions. provided mainly through license and impact fees. Funding is Probate Fees — (Fund 256) Administers the monies received by the Clerk of the Superior Court pursuant to A.R.S. §14-5314 and A.R.S. §14-5414 to preserve, audit, and safeguard the estates and wards for whom the court has a fiduciary responsibility. Public Defender Fill the Gap — (Fund 262) Public Defender Fill the Gap was set up as indicated by A.R.S. §41-2421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by counties for the processing of criminal cases by the county public defender, legal defender and contract indigent defense counsel in each county. Public Defender Grants — (Fund 233) Accounts for grant funds that are utilized for public defender training and to increase the processing of drug cases. Public Defender Training — (Fund 209) 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 — (Fund 532) Protects, improves and preserves the physical, mental and social well being and the environment of the entire population of Maricopa County with a special responsibility to serve those most vulnerable. Federal and State grants fund operations. Public Health Fees — (Fund 265) Accounts for public health programs that are self-supported by Vital Health fees and pharmacy operations. 86 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Recorder’s Surcharge — (Fund 236) 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. School Communication Expense — (Fund 782) Used as a clearing account for T1 telecommunication lines, which are purchased by school headquarters and are shared by all school districts. Individual districts reimburse headquarters for the cost of the T1 lines. School Grants — (Fund 715) Accounts for the special education services provided to small schools as established by A.R.S. §15-365. School Transportation — (Fund 780) 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. Sheriff Donations — (Fund 203) 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 — (Fund 251) Accounts for grant and intergovernmental funds that support and enhance Sheriff Office activities. Sheriff Jail Enhancement — (Fund 214) Accounts for and segregates enhancements to County jail facilities and operations pursuant to A.R.S. §41-2401. Sheriff RICO — (Fund 212) Accounts for the funds provided by the sale of confiscated property. Operated by the Sheriff’s Office, RICO consists of all the activity of the Anti-Racketeering Program. Small School Service — (Fund 669) Established per A.R.S. §15-365 to account for service programs operated through the County School Superintendent. Solid Waste Grants — (Fund 581) Accounts for the grant activity administered by Solid Waste Management. Solid Waste Management — (Fund 580) Accounts for the waste disposal and landfill closure and postclosure care services. Spousal Maintenance Enforcement Enhancement — (Fund 276) The Spousal Maintenance Enforcement Enhancement Fund is established for the Clerk of the Superior Court consisting of monies received pursuant to A.R.S. §12-289. The Clerk will spend monies in the fund to enhance enforcement of spousal maintenance orders. In addition to the fees required by section A.R.S. §12-284, the clerk shall charge and collect a surcharge of five dollars for each filing of a petition or an answer for annulment, dissolution or marriage or legal separation. The clerk will use the surcharge only for the purposes prescribed by this statute. Street Lighting District — (Fund 992) Provides street lighting in unincorporated areas of Maricopa County. Operations are funded by special assessment. Superior Court Fill the Gap — (Fund 264) Superior Court Fill the Gap was set up as indicated by A.R.S. §41-2421F and accounts for monies distributed under A.R.S. §41-2421. Funds are to be used to supplement, not supplant, funding at the level provided in fiscal year 1998 by the counties for the processing of criminal cases in the superior court, including the office of the clerk of the superior court, and justice courts. Taxpayer Information — (Fund 741) This fund was established by A.R.S. §11-495 to collect public records copying surcharge. The funds are to be spent to upgrade an automated taxpayer information system. Transportation Grants — (Fund 223) Transportation Grants was set up to account for all grant activity administered by the County Transportation Department. Transportation Operations — (Fund 232) Plans and implements an environmentally balanced multi-model transportation system. Operations are funded through highway user taxes. Trial Court Grants — (Fund 238) Grant funds are used for drug enforcement accounting, court appointed special advocates and case processing assistance. 87 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Trial Court Special Revenue — (Fund 259) Accounts for monies received under an intergovernmental agreement with the Department of Economic Security to conduct Title IV-D child support enforcement enhancements. Victim Compensation Interest — (Fund 269) Established as authorized by A.R.S. §11-538 consisting of monies that are distributed pursuant to A.R.S. §12-286 (seventy-five per-cent of the interest earned on restitution monies that are received in trust). The County Attorney shall use monies in the fund to assist eligible victims of crime with medical, counseling and funeral expenses and lost wages. Victim Compensation Restitution — (Fund 268) Established to administer funding provided from the State Victim Compensation and Assistance fund (A.R.S. §41-2407) and from prisoner supervision fees under A.R.S. §31-418. Fund is used for establishing, maintaining and supporting programs that compensate and assist victims of crime. Victim Location — (Fund 273) 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 Management — (Fund 210) Established by the Board of Supervisors to segregate this activity from the General Fund. This fund accounts for a fixed $65,000 fee from Waste Management Corporation plus a percentage based on the tonnages of refuse dumped. Expenditures are used for economic development in Mobile and other unincorporated areas of the County. Waste Tire — (Fund 290) Accounts for the operations activity of the waste tire processing center for the removal of waste tires from the County pursuant to A.R.S. §44-1305. Debt Service Funds Special Assessment — (Fund 994) To account for debt service on special assessment bonds. Funding is provided by special assessments made against the benefiting property owners. Stadium District Debt Service — (Fund 370) To account for debt service on Stadium District revenue bonds. Capital Projects Funds County Improvement Fund — (Funds 435/440/441) Accounts for capital projects funded through the issuance of long-term obligations. Detention Capital Projects — (Fund 455) Accounts for Construction associated with the 1/5 of one-cent sales tax approved by voters in the General Election on November 3, 1998. Funding is provided by transfers from the Detention Operations Fund for construction of the adult and juvenile detention facilities. Flood Control Capital Projects — (Fund 990) Set up administratively as a capital project fund to track capital projects activity of the Flood Control District. Funding is provided by a reimbursement transfer from the Flood Control District which derives its funding from an annual Property Tax Levy. Intergovernmental Capital Projects — (Fund 422) Accounts for capital project spending predominantly funded from General Fund revenues. Library District Capital Improvement — (Fund 465) Accounts for Library District capital projects funded from Library District revenue transfers. Long Term Project Reserve — (Fund 450) Accounts for sales tax (Stadium Tax) proceeds collected in excess of the $238,000,000 cap imposed by County Board Resolution. Special Improvement Districts — (Fund 993) Accounts for capital projects financed by the issuance of special assessment bonds. Transportation Capital Projects — (Fund 234) Established administratively as a capital project fund to track capital project activity of the County Transportation Department. Funding is provided by a reimbursement transfer from the Transportation Fund that derives its funding from the State Highways User’s Tax. 88 89 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds June 30, 2010 SPECIAL REVENUE FUNDS Animal Accommodation Schools Adult Adult Air Air Control Probation Fees Probation Grants Quality Fees Quality Grants Field Operations ASSETS Cash in bank and on hand $ $ $ $ 50 $ $ Cash and investments held by County Treasurer 2,967,651 1,596,619 Receivables 591,556 864 2,338,826 1,206,295 3,048 1,653 Due from other funds Due from other governmental units 333,414 548,879 Inventories Miscellaneous Cash and investments held by trustee restricted Total assets $ 2,967,651 $ 1,597,483 $ 924,970 $ 2,341,924 $ 548,879 $ $ 127,193 $ 89,967 $ 75,266 $ 103,181 $ 82,761 $ 1,207,948 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable Employee compensation payable 2,553 37,097 94,207 Accrued liabilities 11,443 3,550 20,849 141 Due to other funds 454,680 Due to other governmental units Interest payable Special assessment debt with governmental commitment Advances from other funds Deferred revenue 994,239 106,487 Deposits held for other parties Total liabilities 127,193 92,520 1,106,602 197,529 655,371 24,399 Fund balances: Reserved for inventories Reserved for debt service 2,840,458 1,504,963 (181,632) 2,144,395 (106,492) 1,183,549 Total fund balances 2,840,458 1,504,963 (181,632) 2,144,395 (106,492) 1,183,549 Total liabilities and fund balances $ 2,967,651 Unreserved $ 1,597,483 90 $ 924,970 $ 2,341,924 $ 548,879 $ 1,207,948 SPECIAL REVENUE FUNDS Animal Animal Control Grants Control License/Shelter $ $ 1,055,625 2,680 Ballpark Operations $ 83,276 Cactus CDBG Check Child League Operations Housing Trust Enforcement Program Support Enhancement $ $ 4,874,246 7,546,138 3,444,980 5,911 9,753 4,446 $ 450 $ 137,501 473,968 1,263,541 34,266 73,878 3,000 $ 1,055,625 $ $ 143,769 $ 2,084 4,917,103 $ 7,713,045 $ 3,449,426 $ 1,266,541 $ 99,447 $ 22,539 $ 930 $ 935,119 $ 50,615 2,057 6,507 137,951 $ 229 $ 473,968 3,003 324,915 280,955 145,853 150,062 24,596 930 1,547,496 3,232 34,266 $ 909,772 4,732,775 7,688,449 3,448,496 (280,955) 134,719 473,968 909,772 4,767,041 7,688,449 3,448,496 (280,955) 134,719 473,968 1,055,625 $ 4,917,103 $ 7,713,045 $ 3,449,426 $ 1,266,541 $ 137,951 $ 473,968 (continued on next page) 91 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2010 SPECIAL REVENUE FUNDS Children’s Clerk of Clerk of Clerk of Conciliation Issues Education Court Fill the Gap the Court EDMS the Court Grants Court Fees ASSETS Cash in bank and on hand $ $ $ $ $ Cash and investments held by County Treasurer 357,961 255,005 2,991,064 Receivables 534,774 3,443 Due from other funds Due from other governmental units 75,033 Inventories Miscellaneous Cash and investments held by trustee restricted Total assets $ 357,961 $ 255,005 $ 18,277 $ 2,994,507 $ 66,102 $ 75,033 $ 534,774 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ $ Employee compensation payable 21,554 17,462 $ 2,659 Accrued liabilities Due to other funds 72,374 Due to other governmental units Interest payable Special assessment debt with governmental commitment Advances from other funds Deferred revenue Deposits held for other parties 39,831 83,564 357,961 215,174 2,910,943 534,774 357,961 215,174 2,910,943 534,774 Total liabilities 75,033 Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 357,961 $ 255,005 92 $ 2,994,507 $ 75,033 $ 534,774 SPECIAL REVENUE FUNDS Correctional County County County County Court Criminal Health Grants Attorney Fill the Gap Attorney Grants Attorney RICO School Indirect Cost Document Retrieval Justice Enhancement $ $ $ 336,413 $ 636,052 3,846 754,722 $ 3,129,382 $ $ 2,246,249 1,111,837 2,885 1,245 172,187 315,610 92,210 $ 3,846 $ $ 336,413 $ $ 1,043,872 $ $ 365,128 $ 16,204 3,884,104 $ 2,249,134 $ $ 26,056 $ 45,846 1,113,082 $ 19 $ 172,187 8,440 9,579 14,437 3,846 665,532 1,327,236 3,846 $ 3,846 $ 16,204 1,076,506 1,327,236 34,496 9,598 14,437 320,209 (32,634) 2,556,868 2,214,638 1,103,484 157,750 320,209 (32,634) 2,556,868 2,214,638 1,103,484 157,750 336,413 $ 1,043,872 $ 3,884,104 $ 2,249,134 $ 1,113,082 $ 172,187 (continued on next page) 93 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2010 SPECIAL REVENUE FUNDS Domestic Del Webb Relations Special Revenue Mediation Education Diversion Emancipation Elections Grants Administrative Costs ASSETS Cash in bank and on hand $ $ $ $ $ Cash and investments held by County Treasurer Receivables 506,497 1,981,028 655 2,554 273,722 2,229,680 3,639 Due from other funds Due from other governmental units Inventories Miscellaneous Cash and investments held by trustee restricted Total assets $ 507,152 $ 1,983,582 $ 273,722 $ 2,229,680 $ $ 401 $ 3,639 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ $ $ Employee compensation payable 5,079 Accrued liabilities Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment Advances from other funds Deferred revenue 2,229,279 Deposits held for other parties 5,079 Total liabilities 2,229,680 Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 507,152 1,978,503 273,722 3,639 507,152 1,978,503 273,722 3,639 507,152 $ 1,983,582 94 $ 273,722 $ 2,229,680 $ 3,639 SPECIAL REVENUE FUNDS Environmental Emergency Management $ Services Environmental Expedited Environmental Health Services Grants Child Support $ 1,100 $ Flood Control $ $ 250 8,052,936 796,095 53,659,615 9,957 960 3,261,780 271,838 191,498 Flood General Human Control Grants Government Grants Services Grants $ $ $ 200 404,915 24,099 22,120 7,162,112 465,102 2,259 $ 271,838 $ $ 19,212 $ 6,082 8,063,993 $ 191,498 $ 48,651 $ 13,417 $ 142,947 797,055 $ 57,413,105 $ 22,120 $ 404,915 $ 7,162,312 $ $ 22,120 $ 180,495 $ 3,156,782 248 2,149,760 118,504 322 136,274 18,634 37,771 177,832 240,917 248 2,710,944 191,745 4,997,842 303,982 191,598 2,323,290 22,120 224,098 1,840,628 404,915 7,456,974 465,102 $ (32,144) 7,872,395 (247) 797,055 51,950,161 (294,662) (32,144) 7,872,395 (247) 797,055 52,415,263 (294,662) 797,055 $ 57,413,105 271,838 $ 8,063,993 $ 191,498 $ $ 22,120 $ 404,915 $ 7,162,312 (continued on next page) 95 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2010 SPECIAL REVENUE FUNDS Justice Justice Justice Court Court Courts Judicial Enhancement Special Revenue Photo Enforcement Inmate Health Services Inmate Services Judicial Enhancement ASSETS Cash in bank and on hand $ $ $ $ $ $ Cash and investments held by County Treasurer Receivables 616,312 7,939,934 1,352,413 1,111,625 948,738 951,800 795 10,062 1,539 1,337 820 1,214 7,588 557,467 624,695 $ 8,507,463 $ 1,353,952 $ 1,112,962 $ 949,558 $ 953,014 $ $ 28,560 $ 114,993 $ 174,513 $ 61,360 Due from other funds Due from other governmental units Inventories Miscellaneous Cash and investments held by trustee restricted Total assets $ LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ Employee compensation payable 219,312 74,322 Accrued liabilities 6,546 1,095 1,554 1,613 25 Due to other funds Due to other governmental units Interest payable Special assessment debt with governmental commitment Advances from other funds Deferred revenue Deposits held for other parties 295,247 35,106 116,088 176,092 61,360 624,695 8,212,216 1,318,846 996,874 773,466 891,654 624,695 8,212,216 1,318,846 996,874 773,466 891,654 624,695 $ 8,507,463 Total liabilities Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 96 $ 1,353,952 $ 1,112,962 $ 949,558 $ 953,014 SPECIAL REVENUE FUNDS Juvenile Lake Juvenile Juvenile Probation Pleasant Law Legal Probation Diversion Probation Grants Special Fees Recreation Services Library Fees Defender Fill the Gap $ $ 903,691 Juvenile Restitution $ 1,087,772 $ 963,735 1,138 $ 87,338 768 630 $ $ 1,916,257 1,384,254 2,484 1,622 2,090 266,566 $ 904,829 $ $ 1,354,338 $ 964,503 $ 87,338 $ 1,919,371 $ 1,385,876 $ $ 32,215 $ 125,269 $ 3,639 $ 17,447 $ 66,321 $ 2,148 29,868 2,090 8,756 1,418,630 $ 2,148 1,480,713 125,269 3,639 26,203 66,321 902,681 (126,375) 839,234 83,699 1,893,168 1,319,555 2,090 902,681 (126,375) 839,234 83,699 1,893,168 1,319,555 2,090 904,829 $ 1,354,338 $ 964,503 $ 87,338 $ 1,919,371 $ 1,385,876 $ 2,090 (continued on next page) 97 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2010 SPECIAL REVENUE FUNDS Parks Library District Library Medical District Grants Examiner Grants and Palo Verde Recreation Grants Parks Donations ASSETS Cash in bank and on hand $ 5,240 $ $ $ $ $ Cash and investments held by County Treasurer 13,683,501 Receivables 33,620 439,227 50,789 704,781 895,102 906 Due from other funds Due from other governmental units 5,283 Inventories Miscellaneous Cash and investments held by trustee restricted Total assets $ 14,583,843 $ $ $ 33,620 $ 5,283 $ 439,227 $ 50,789 $ 705,687 1,582 $ 11,293 $ 94 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable Employee compensation payable 1,787,821 $ $ 104,292 1,688 Accrued liabilities Due to other funds 4,517 Due to other governmental units Interest payable Special assessment debt with governmental commitment Advances from other funds Deferred revenue 746,078 766 2,638,191 5,283 39,496 Deposits held for other parties Total liabilities 3,270 50,789 94 Fund balances: Reserved for inventories Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances 11,945,652 33,620 435,957 705,593 11,945,652 33,620 435,957 705,593 $ 14,583,843 $ 33,620 98 $ 5,283 $ 439,227 $ 50,789 $ 705,687 SPECIAL REVENUE FUNDS Parks Parks Enhancement $ 200 Parks Souvenir $ 2,086,577 $ 29,697 Planning Spur Cross and Ranch Conservation Development Fees 80 $ 390,573 500 2,089,334 $ 29,697 $ $ 104,100 $ 949 $ 32,977 390,653 $ Public Defender Grants $ $ 578,441 779,407 3,907 694 737 $ 3,194,447 $ $ 31,833 $ 1,206 Public Defender Fill the Gap 3,190,040 2,557 $ Probate Fees 579,135 $ $ 72,440 27,706 780,144 $ 27,706 850 $ 23,158 7,319 4,548 8,169 27,706 279,079 $ 137,077 949 1,206 383,352 1,952,257 28,748 389,447 2,811,095 579,135 771,975 1,952,257 28,748 389,447 2,811,095 579,135 771,975 2,089,334 $ 29,697 $ 390,653 $ 3,194,447 $ 579,135 $ 780,144 $ 27,706 (continued on next page) 99 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2010 SPECIAL REVENUE FUNDS Public Public Defender Training Public Health Health Fees School Recorder’s Surcharge Communication Expense School Grants ASSETS Cash in bank and on hand $ $ $ 2,600 $ $ $ Cash and investments held by County Treasurer 184,221 Receivables 4,985,738 4,982,591 6,276 5,962 39,187 160,486 Due from other funds Due from other governmental units 10,845,793 Inventories 54,996 952,105 82,855 Miscellaneous Cash and investments held by trustee restricted Total assets $ 184,221 $11,797,898 $ 5,077,469 $ 4,988,553 $ $ 3,337 $ 3,404,302 $ $ $ 1,774 203,429 25,797 1,245 255 39,187 $ 215,482 $ 95,839 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable Employee compensation payable Accrued liabilities Due to other funds 279,433 24,237 21,430 2,317 3,425,510 Due to other governmental units Interest payable Special assessment debt with governmental commitment Advances from other funds Deferred revenue 6,490,552 150,801 Deposits held for other parties Total liabilities 5,111 13,525,038 305,485 952,105 82,855 45,667 248,957 Fund balances: Reserved for inventories Reserved for debt service 179,110 (2,679,245) 4,689,129 4,942,886 39,187 (33,475) Total fund balances 179,110 (1,727,140) 4,771,984 4,942,886 39,187 (33,475) Total liabilities and fund balances $ 184,221 $11,797,898 $ 5,077,469 $ 4,988,553 Unreserved 100 $ 39,187 $ 215,482 SPECIAL REVENUE FUNDS Sheriff School Transportation $ Sheriff Donations $ 348,841 Sheriff Grants $ Jail Enhancement $ 111,408 373,393 Sheriff RICO $ 42,494 Small Solid Solid School Service Waste Grants Waste Management $ 1,112,806 $ $ 291,673 1,175 8,554,758 11,042 1,035,233 65,028 78 $ 348,841 $ 111,408 $ 133,236 $ 5,757 94,278 $ 1,035,233 $ 1,486,277 $ 136,772 $ 291,673 $ 65,028 $ 8,566,975 $ $ 119,259 $ 61,229 $ 128,909 $ 10,480 $ 299,311 140,942 45,129 659 2,055 8,919 504 400,467 33,049 54,548 1,115,140 42,494 65,028 12,167 $ 133,236 5,757 1,703,733 119,763 215,605 105,651 (668,500) 215,605 105,651 (668,500) 111,408 $ 1,035,233 348,841 $ $ 129,568 130,056 320,397 1,366,514 162,105 (65,028) 8,246,578 1,366,514 162,105 (65,028) 8,246,578 1,486,277 136,772 $ 136,772 $ 291,673 $ 65,028 $ 8,566,975 (continued on next page) 101 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2010 SPECIAL REVENUE FUNDS Spousal Maintenance Street Superior Enforcement Enhancement Lighting District Court Fill the Gap Taxpayer Information Transportation Grants Transportation Operations $ $ ASSETS Cash in bank and on hand $ $ $ $ 550 Cash and investments held by County Treasurer 137,058 3,101,658 450,875 278,170 24,605,526 Receivables 101,538 Due from other funds Due from other governmental units 48,426 15,397,870 Inventories 1,008,975 Miscellaneous Cash and investments held by trustee restricted Total assets $ 137,058 $ 3,101,658 $ 450,875 $ $ 444,586 $ 28,718 $ 278,170 $ 48,426 $ 41,114,459 $ 47,362 $ LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ Employee compensation payable 17,041 8,846,362 317,117 Accrued liabilities 4,253,879 Due to other funds 1,062 Due to other governmental units Interest payable Special assessment debt with governmental commitment Advances from other funds Deferred revenue 27,171 Deposits held for other parties 444,586 Total liabilities 45,759 75,595 13,417,358 Fund balances: Reserved for inventories 1,008,975 Reserved for debt service Unreserved Total fund balances Total liabilities and fund balances $ 137,058 2,657,072 405,116 278,170 (27,169) 26,688,126 137,058 2,657,072 405,116 278,170 (27,169) 27,697,101 48,426 $ 41,114,459 137,058 $ 3,101,658 102 $ 450,875 $ 278,170 $ SPECIAL REVENUE FUNDS Trial Trial Court Victim Victim Court Grants Special Revenue Compensation Interest Compensation Restitution $ $ $ $ Victim Location $ 2,941,755 762,325 946,079 3,197 977 1,221 Waste Management $ 180,821 Waste Tire $ 448,999 189,293 Total 250 $ 1,269,840 985,312 202,783,061 1,270 4,366,319 1,023,722 39,144,200 2,543,303 825,499 5,259 $ 189,293 $ 2,944,952 $ $ 52,053 $ 148,434 $ 763,302 $ 947,300 $ $ 180,821 $ $ 448,999 $ $ 2,010,554 $ 250,937,481 $ 429,924 $ 25,259,390 4,233 1,784,743 12,087 4,278,351 125,153 7,439,014 6,000 6,000 12,167 151,702 19,820,264 1,327,236 340,995 154,434 434,157 59,927,165 2,543,303 $ (151,702) 2,790,518 763,302 947,300 180,821 448,999 1,576,397 188,467,013 (151,702) 2,790,518 763,302 947,300 180,821 448,999 1,576,397 191,010,316 2,010,554 $ 250,937,481 189,293 $ 2,944,952 $ 763,302 $ 947,300 $ 180,821 $ 448,999 $ (continued on next page) 103 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2010 CAPITAL PROJECTS FUNDS DEBT SERVICE FUNDS Stadium Flood District Special Assessment Debt Service Total County Improvement Detention Control Capital Projects Capital Projects ASSETS Cash in bank and on hand $ $ $ $ $ $ Cash and investments held by County Treasurer 128,359 Receivables 408 128,767 199,491 82,500,599 39,998,008 199,491 Due from other funds Due from other governmental units 852,199 852,199 8,616,132 8,616,132 3,667,846 Inventories Miscellaneous Cash and investments held by trustee restricted Total assets $ 327,850 $ 9,468,739 $ $ $ 9,796,589 12,753 $ 12,753 $ 82,500,599 $ 43,665,854 $ $ 6,118,055 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ $ 197,826 Employee compensation payable 26,268 Accrued liabilities Due to other funds Due to other governmental units Interest payable 6,717 6,717 16,813 16,813 169,505 169,505 193,035 193,035 Special assessment debt with governmental commitment Advances from other funds Deferred revenue Deposits held for other parties Total liabilities 197,826 6,144,323 12,753 82,302,773 37,521,531 12,753 82,302,773 37,521,531 12,753 $ 82,500,599 $ 43,665,854 Fund balances: Reserved for inventories Reserved for debt service 134,815 9,468,739 9,603,554 134,815 9,468,739 9,603,554 327,850 $ 9,468,739 Unreserved Total fund balances Total liabilities and fund balances $ 104 $ 9,796,589 $ CAPITAL PROJECTS FUNDS Inter- Library Long governmental District Term Special Transportation Capital Projects Capital Improvement Project Reserve Improvement Districts Capital Projects $ $ Total $ 2,447,705 5,357,535 3,197 6,901 $ 125 $ 41,219 Nonmajor Governmental Funds Total $ 53,719,628 6,290,424 $ 1,269,840 184,064,819 386,976,647 10,098 4,575,908 9,958,270 49,954,669 2,543,303 $ 2,450,902 $ 5,364,436 $ $ 2,725 $ 105,963 $ 4,817 4,817 830,316 9,997,493 10,010,246 18,631,637 10,002,435 $ 41,219 $ 60,010,052 $ 204,048,250 $ 464,782,320 $ 23,594 $ 6,995,962 $ 13,444,125 $ 38,703,515 450 26,268 1,811,011 450 4,278,801 7,439,014 6,000 6,717 16,813 12,167 19,989,769 1,327,236 2,725 105,963 24,044 6,995,962 13,470,843 73,591,043 2,543,303 $ 2,448,177 5,258,473 10,002,435 17,175 53,014,090 190,577,407 9,603,554 379,044,420 2,448,177 5,258,473 10,002,435 17,175 53,014,090 190,577,407 391,191,277 2,450,902 $ 5,364,436 $ 10,002,435 $ 41,219 105 $ 60,010,052 $ 204,048,250 $ 464,782,320 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Fiscal Year Ended June 30, 2010 SPECIAL REVENUE FUNDS Adult Probation Fees Accommodation Schools Adult Probation Grants Air Quality Fees Animal Control Field Operations Air Quality Grants REVENUES Taxes $ $ $ $ Licenses and permits $ $ 8,265,916 Intergovernmental 4,666,391 4,034 3,545,208 Charges for services 8,900,740 Fines and forfeits 3,950,905 3,616,356 511,916 265,593 3,237,279 1,833,997 4,575 13,590 7,990 Special assessment Interest income 36,115 18,975 4,626 45,541 63,005 4,702,506 12,870,620 4,061,750 10,474,052 3,616,356 3,267,468 12,967,230 4,197,334 14,293,057 3,441,776 2,950,217 Miscellaneous Total revenues EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education 3,541,662 Debt service: Principal Interest Other expenditures 100,885 118,918 3,541,662 12,967,230 4,197,334 14,393,942 3,560,694 2,950,217 1,160,844 (96,610) (135,584) (3,919,890) 55,662 317,251 Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in 116,879 (122,404) Transfers out 116,879 Total other financing sources (uses) Net change in fund balances (122,404) 1,160,844 (96,610) (135,584) (3,803,011) 55,662 194,847 1,679,614 1,601,573 (46,048) 5,947,406 (162,154) 988,702 Fund balances (deficit) at beginning of year Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 2,840,458 $ 1,504,963 106 $ (181,632) $ 2,144,395 $ (106,492) $ 1,183,549 SPECIAL REVENUE FUNDS Animal Control License/ Shelter Animal Control Grants $ $ Cactus League Operations Ballpark Operations $ $ 6,582,265 2,497,694 2,044,433 1,821,223 CDBG Housing Trust $ Check Enforcement Program $ Child Support Enhancement $ 10,991,300 40,374 99,883 316,388 10,811 1,334,219 65,498 6,205 88,660 44,744 1,385,404 8,698,401 4,407,577 44,744 10,991,300 1,451 62 4,930 317,901 104,813 314,160 1,266,929 7,706,680 11,272,255 1,254,230 20,424 12,468 131,321 1,398,250 7,706,680 1,254,230 20,424 11,272,255 314,160 12,468 (12,846) 991,721 3,153,347 24,320 (280,955) 3,741 92,345 23,689 (2,477,897) 110,000 (1,031,314) 72,133 (1,031,314) (2,454,208) 110,000 59,287 (39,593) 699,139 134,320 (280,955) 3,741 92,345 850,485 4,789,028 6,989,310 3,314,176 130,978 381,623 72,133 17,606 $ 909,772 $ 4,767,041 $ 7,688,449 $ 3,448,496 $ (280,955) $ 134,719 $ 473,968 (continued on next page) 107 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2010 SPECIAL REVENUE FUNDS Children’s Issues Education Clerk of Court Fill the Gap Clerk of the Court EDMS Clerk of the Court Grants Conciliation Court Fees REVENUES Taxes $ $ $ $ $ Licenses and permits Intergovernmental 1,251,738 Charges for services 168,974 2,374,215 3,680,069 1,531,681 29,690 5,626 Fines and forfeits Special assessment Interest income 3,657 Miscellaneous Total revenues 172,631 2,374,215 3,709,759 1,251,738 1,537,307 115,007 2,264,562 2,432,911 1,251,738 1,695,930 115,007 2,264,562 2,528,890 1,251,738 1,695,930 57,624 109,653 1,180,869 (158,623) 57,624 109,653 1,180,869 (158,623) 300,337 105,521 1,730,074 693,397 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Other expenditures 95,979 Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 357,961 $ 215,174 108 $ 2,910,943 $ $ 534,774 SPECIAL REVENUE FUNDS Correctional Health Grants $ County Attorney Fill the Gap $ 60,178 County Attorney Grants $ 684,923 County Attorney RICO County School Indirect Cost $ $ Court Document Retrieval $ Criminal Justice Enhancement $ 7,072,091 Del Webb Special Revenue $ 1,519,419 1,083,410 824,940 1,474,437 3,422,337 60,178 2,104 15,545 35,357 32,284 10,626 7,835 6,741 1,770,437 7,087,636 3,457,694 857,224 1,485,063 1,527,254 6,741 1,450,420 7,093,421 2,780,394 935,283 2,141,768 2,566 53,591 681,236 $ 7,058 15,056 53,591 1,450,420 7,100,479 2,795,450 681,236 935,283 2,141,768 2,566 6,587 320,017 (12,843) 662,244 175,988 549,780 (614,514) 4,175 6,587 320,017 (12,843) 662,244 175,988 549,780 (614,514) 4,175 (6,587) 192 (19,791) 1,894,624 2,038,650 553,704 772,264 502,977 $ 320,209 $ (32,634) $ 2,556,868 $ 2,214,638 $ 1,103,484 $ 157,750 $ 507,152 (continued on next page) 109 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2010 SPECIAL REVENUE FUNDS Domestic Relations Mediation Education Diversion Emancipation Administrative Costs Elections Grants Emergency Management REVENUES Taxes $ $ $ $ $ Licenses and permits Intergovernmental 530,036 Charges for services 709,804 184,973 Fines and forfeits 3,602 173,463 1,700,683 Special assessment Interest income 23,642 3,143 29,907 37 74 1,724,325 188,116 559,943 3,639 883,341 Miscellaneous Total revenues EXPENDITURES Current: General government 559,943 Public safety 1,189,541 845,399 Highways and streets Health, welfare and sanitation 190,682 Culture and recreation Education Debt service: Principal Interest Other expenditures 12,235 Capital outlay Total expenditures 1,189,541 190,682 559,943 857,634 534,784 (2,566) 3,639 25,707 534,784 (2,566) 3,639 25,707 1,443,719 276,288 Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year (57,851) Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 1,978,503 $ 273,722 110 $ $ 3,639 $ (32,144) SPECIAL REVENUE FUNDS Environmental Services Environmental Health Environmental Services Grants $ $ Expedited Child Support $ Flood Control Grants Flood Control $ 72,659,844 14,185,646 $ General Government Grants $ Human Services Grants $ Inmate Health Services $ 680,722 765,000 143,653 4,011,327 547,626 11,895,885 46,000,090 607,893 87,565 148,302 97,296 28,217 328 18,470,788 765,328 9,249 617,142 1,105,456 4,579,208 6,975 7,714 28,453 79,168,883 547,626 29,255,939 547,626 11,902,860 46,028,543 95,279 11,902,860 17,466,274 753,316 445,580 17,466,274 763,075 445,580 29,683,470 1,004,514 2,253 171,562 49,485,413 (67,466) (2,500) (40,627,383) (67,466) (2,500) (40,627,383) 937,048 (247) 9,759 44,644,632 427,531 6,935,347 154,356 547,626 11,902,860 44,798,988 1,229,555 95,279 171,562 8,858,030 1,229,555 95,279 625,493 43,532,647 (1,524,217) 529,416 24,586 $ 7,872,395 $ (247) $ 797,055 $ 52,415,263 $ $ $ (294,662) $ 624,695 (continued on next page) 111 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2010 SPECIAL REVENUE FUNDS Inmate Services Judicial Enhancement Justice Court Judicial Enhancement Justice Court Special Revenue Justice Courts Photo Enforcement Juvenile Probation Diversion REVENUES Taxes $ $ $ $ $ $ Licenses and permits Intergovernmental Charges for services 10,380,051 1,780,188 Fines and forfeits 4,556,026 1,900,286 314,319 951,405 Special assessment Interest income Miscellaneous Total revenues 145,608 500 12,681 12,361 23,590 4,438 11,826 10,526,159 1,792,869 963,766 4,579,616 1,904,724 326,145 14,161,904 1,045,916 767,740 6,547,487 1,013,070 329,402 14,161,904 1,045,916 790,614 6,547,487 1,013,070 329,402 (3,635,745) 746,953 173,152 (1,967,871) 891,654 (3,257) (3,635,745) 746,953 173,152 (1,967,871) 891,654 (3,257) 11,847,961 571,893 823,722 2,741,337 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Other expenditures 22,874 Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year 905,938 Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 8,212,216 $ 1,318,846 112 $ 996,874 $ 773,466 $ 891,654 $ 902,681 SPECIAL REVENUE FUNDS Juvenile Probation Special Fees Juvenile Probation Grants $ $ Lake Pleasant Recreation Services Juvenile Restitution $ $ Law Library Fees $ Legal Defender Fill the Gap $ Library District $ 4,048,629 20,286,084 226,004 560,739 1,761,453 1,491,223 3,856,222 780 1,520 59,000 2,646,232 805,016 11,802 8,347 988 19,795 22,627 152,333 14,824 6,963 190 132,898 544,839 4,060,431 4,425,308 20,783 1,937,193 1,514,530 59,190 24,641,073 4,163,011 4,269,494 22,861 1,125,712 59,000 1,661,071 20,255,644 292,353 4,163,011 4,269,494 22,861 1,661,071 1,125,712 59,000 20,547,997 (102,580) 155,814 (2,078) 276,122 388,818 190 4,093,076 659,469 (4,251,154) (3,591,685) $ (102,580) 155,814 (2,078) 276,122 388,818 190 501,391 (23,795) 683,420 85,777 1,617,046 930,737 1,900 11,444,261 (126,375) $ 839,234 $ 83,699 $ 1,893,168 $ 1,319,555 $ 2,090 $ 11,945,652 (continued on next page) 113 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2010 SPECIAL REVENUE FUNDS Library District Grants Medical Examiner Grants Parks and Recreation Grants Palo Verde Parks Donations REVENUES Taxes $ $ $ $ $ Licenses and permits Intergovernmental 50,000 151,676 404,459 30,811 Charges for services Fines and forfeits Special assessment Interest income 5,143 6,454 42,647 Miscellaneous 50,000 Total revenues 151,676 409,602 26,742 355,659 30,811 49,101 30,811 29,370 30,811 29,370 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation 16,380 Education Debt service: Principal Interest Other expenditures 124,934 Capital outlay 16,380 Total expenditures 151,676 355,659 Excess (deficiency) of revenues over expenditures 33,620 53,943 19,731 33,620 53,943 19,731 382,014 685,862 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 33,620 $ $ 114 435,957 $ $ 705,593 SPECIAL REVENUE FUNDS Parks Enhancement $ Parks Spur Cross Ranch Conservation Parks Souvenir $ $ Planning and Development Fees $ Public Defender Fill the Gap Probate Fees $ $ Public Defender Grants $ 2,735,575 422,493 2,494,043 166,031 3,296,481 490,858 1,207,627 132,114 23,589 1,181,308 652 243,084 5,142 50,260 52,679 7,145 7,275 3,698,940 243,736 171,173 6,267,109 498,003 1,214,902 422,493 8,013,848 389,531 976,740 422,493 422,493 3,753,245 143,192 266,623 3,775,145 143,192 266,623 8,013,848 389,531 976,740 (76,205) 100,544 (95,450) (1,746,739) 108,472 238,162 96,807 (17,990) (96,807) 78,817 (96,807) 2,612 3,737 (95,450) (1,651,604) 108,472 238,162 1,949,645 25,011 484,897 4,462,699 470,663 533,813 21,900 $ 1,952,257 95,135 $ 28,748 95,135 $ 389,447 $ 2,811,095 $ 579,135 $ 771,975 $ (continued on next page) 115 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2010 SPECIAL REVENUE FUNDS Public Defender Training Public Health Fees Public Health Recorder’s Surcharge School Communication Expense School Grants REVENUES Taxes $ $ $ $ $ $ Licenses and permits Intergovernmental 475,712 42,644,077 Charges for services 503,598 94,979 418,754 57,302 415 1,521 4,538,574 95,394 420,275 117,409 435,284 4,375,108 4,481,272 60,302 4,435,410 Fines and forfeits Special assessment Interest income Miscellaneous Total revenues 5,630 27,965 481,342 43,175,640 EXPENDITURES Current: General government 3,126,740 Public safety 433,072 Highways and streets Health, welfare and sanitation 43,337,700 3,891,436 Culture and recreation Education Debt service: Principal Interest Other expenditures 917,868 11,199 279,589 433,072 44,255,568 3,902,635 3,406,329 117,409 435,284 48,270 (1,079,928) 532,775 1,132,245 (22,015) (15,009) Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in 28,530 16,806 (13,295) 28,530 16,806 48,270 (1,093,223) 561,305 1,132,245 (22,015) 1,797 130,840 (545,642) 4,190,848 3,810,641 61,202 (35,272) (88,275) 19,831 (13,295) Transfers out Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 179,110 $ (1,727,140) 116 $ 4,771,984 $ 4,942,886 $ 39,187 $ (33,475) SPECIAL REVENUE FUNDS School Transportation $ Sheriff Donations $ Sheriff Grants $ Sheriff Jail Enhancement $ 6,325,252 Small School Service Sheriff RICO $ $ 1,838,065 Solid Waste Grants $ 109,657 Solid Waste Management $ 434 90,404 534,459 2,688 218,358 1,397 28,000 221,046 29,397 6,859,711 46,350 5,662,671 1,920,393 1,962 1,838,065 1,920,393 111,619 434 320,179 65,462 2,494,279 1,535,537 1,204,808 369,342 $ 127,018 102,757 226,594 416,950 151,712 356,923 369,342 46,350 6,079,621 1,356,520 1,892,460 226,594 65,462 2,553,886 59,607 (148,296) (16,953) 780,090 481,545 27,933 (114,975) (65,028) (2,233,707) 273,174 (16,806) (199,250) 256,368 (199,250) (148,296) (16,953) 780,090 481,545 27,933 141,393 363,901 122,604 (1,448,590) 884,969 (27,933) 20,712 215,605 $ 105,651 $ (668,500) $ 1,366,514 $ $ 162,105 (65,028) (2,432,957) 10,679,535 $ (65,028) $ 8,246,578 (continued on next page) 117 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2010 SPECIAL REVENUE FUNDS Spousal Maintenance Enforcement Enhancement Street Lighting District Superior Court Fill the Gap Taxpayer Information Transportation Grants Transportation Operations $ $ REVENUES Taxes $ $ $ $ Licenses and permits 765,822 Intergovernmental 818,896 Charges for services 109,557 2,194,348 301,790 93,129,570 45,596 Fines and forfeits Special assessment 4,377,292 Interest income 1,562 39,478 2,569 111,119 4,416,770 2,196,917 115,921 5,040,869 1,795,872 1,008,103 340,304 Miscellaneous Total revenues 301,790 818,896 95,289,395 291,845 52,281,082 EXPENDITURES Current: General government 246,980 Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Other expenditures 47,634 2,264,015 115,921 5,040,869 1,795,872 246,980 339,479 54,545,097 (4,802) (624,099) 401,045 54,810 479,417 40,744,298 Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in 10,000 (35,567,886) Transfers out (35,557,886) Total other financing sources (uses) Net change in fund balances (4,802) (624,099) 401,045 54,810 479,417 5,186,412 4,071 223,360 (506,586) 22,739,211 Fund balances (deficit) at beginning of year 141,860 3,281,171 Increase (decrease) in reserve for (228,522) inventories Fund balances (deficit) at end of year $ 137,058 $ 2,657,072 $ 118 405,116 $ 278,170 $ (27,169) $ 27,697,101 SPECIAL REVENUE FUNDS Trial Court Special Revenue Trial Court Grants $ $ Victim Compensation Interest Victim Compensation Restitution $ $ Victim Location $ Waste Management $ Waste Tire $ Total $ 92,945,928 35,717,673 1,565,488 4,110,337 6,687,193 9,707 143,405 250,864,991 85,174,525 26,646 137,774 19,743,516 31,498 16,216 9,947 11,813 11,000 5,821 18,041 3,668,504 9,030,736 1,565,488 6,734,907 36,593 149,587 11,000 15,528 4,271,783 501,523,165 1,691,195 6,521,784 352 2,420 5,967 69,533 4,377,292 15,836,523 139,298,190 52,572,927 4,993,212 159,279,546 27,430,990 5,371,527 6,040,656 1,691,195 6,521,784 352 2,420 5,967 69,533 4,993,212 405,830,359 (125,707) 213,123 36,241 147,167 5,033 (54,005) (721,429) 95,692,808 1,502,622 (84,492,152) (82,989,530) (125,707) 213,123 36,241 147,167 5,033 (54,005) (721,429) 12,703,278 (25,995) 2,577,395 727,061 800,133 175,788 503,004 2,297,826 178,561,812 (254,774) $ (151,702) $ 2,790,518 $ 763,302 $ 947,300 $ 180,821 $ 448,999 $ 1,576,397 $191,010,316 (continued on next page) 119 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2010 DEBT SERVICE FUNDS CAPITAL PROJECTS FUNDS Stadium District Debt Service Detention Capital Projects Special Assessment Total County Improvement Flood Control Capital Projects REVENUES Taxes $ $ 4,668,574 $ 4,668,574 $ $ $ Licenses and permits Intergovernmental 121,893 Charges for services 53,667 11,689,448 53,667 Fines and forfeits Special assessment Interest income 337,031 337,031 467,071 53,667 5,005,605 5,059,272 467,071 121,893 11,689,448 19,149 4,260,000 4,279,149 Interest 13,527 2,159,094 2,172,621 Other expenditures 90,330 1,250 91,580 48,657,932 1,225,239 41,079,058 123,006 6,420,344 6,543,350 48,657,932 1,225,239 41,079,058 (69,339) (1,414,739) (1,484,078) (48,190,861) (1,103,346) (29,389,610) 1,000,000 (110,000) 1,000,000 (110,000) 46,506,143 40,627,383 890,000 890,000 46,506,143 40,627,383 (524,739) (594,078) (1,684,718) (1,103,346) 11,237,773 9,993,478 10,197,632 1,697,471 83,406,119 26,283,758 Miscellaneous Total revenues EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances (69,339) Fund balances (deficit) at beginning of year 204,154 Increase (decrease) in reserve for inventories Fund balances (deficit) at end of year $ 134,815 $ 9,468,739 120 $ 9,603,554 $ 12,753 $ 82,302,773 $ 37,521,531 CAPITAL PROJECTS FUNDS Intergovernmental Capital Projects $ Library District Capital Improvement $ Long Term Project Reserve $ 131 Special Improvement Districts $ Transportation Capital Projects $ Total Nonmajor Governmental Funds Total $ 131 $ 97,614,633 35,717,674 1,037,988 6,038,647 17,849,988 268,714,979 17,548,963 18,586,951 103,815,143 19,743,516 4,377,292 34,605 34,605 108,825 57,410 3,250 166,235 1,041,369 8 8 1,035 613,759 58,445 4,619,294 9,089,182 23,588,645 37,109,274 543,691,713 15,836,523 139,298,190 52,572,927 159,279,546 27,430,990 5,371,527 4,279,149 2,172,621 386,906 5,405,828 2,500 426,911 55,782,124 152,966,498 91,580 159,007,154 386,906 5,405,828 2,500 426,911 55,782,124 152,966,498 565,340,207 (352,301) (5,239,593) 1,038,869 (426,903) (32,193,479) (115,857,224) (21,648,494) 180,000 (90,000) 3,591,685 1,477,897 (23,689) 35,544,286 127,927,394 (113,689) 130,430,016 (84,715,841) 90,000 3,591,685 1,454,208 35,544,286 127,813,705 45,714,175 (262,301) (1,647,908) 2,493,077 (426,903) 3,350,807 11,956,481 24,065,681 2,710,478 6,906,381 7,509,358 444,078 49,663,283 178,620,926 367,380,370 (254,774) $ 2,448,177 $ 5,258,473 $ 10,002,435 $ 17,175 121 $ 53,014,090 $ 190,577,407 $ 391,191,277 122 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Adult Probation Fees Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Fines and forfeits 10,933,202 $ 3,183,000 10,933,202 $ $ (2,032,462) 3,950,905 767,905 14,116,202 14,116,202 18,975 12,870,620 18,975 (1,245,582) 14,463,903 14,463,903 14,463,903 14,463,903 12,967,230 12,967,230 1,496,673 1,496,673 (347,701) (347,701) (96,610) 251,091 (347,701) (347,701) (96,610) 251,091 866,814 519,113 866,814 519,113 1,601,573 1,504,963 Interest income Total revenues 8,900,740 3,183,000 EXPENDITURES Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 123 $ $ $ 734,759 985,850 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Adult Probation Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for services 4,024,277 $ 452,780 7,583,191 $ $ (4,037,983) 511,916 59,136 4,477,057 8,035,971 4,626 4,061,750 4,626 (3,974,221) 4,477,057 4,477,057 8,035,971 8,035,971 4,197,334 4,197,334 3,838,637 3,838,637 (135,584) (135,584) (135,584) (135,584) Interest income Total revenues 3,545,208 452,780 EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund deficit – ending (54,092) $ (54,092) 124 (54,092) $ (54,092) (46,048) $ (181,632) 8,044 $ (127,540) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Air Quality Fees Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ Charges for services Fines and forfeits Interest income Miscellaneous Total revenues 10,740,228 $ 10,740,228 $ 8,265,916 $ (2,474,312) 418,656 418,656 265,593 (153,063) 4,720,488 4,720,488 1,833,997 (2,886,491) 280,000 280,000 45,541 (234,459) 8,400 16,167,772 8,400 16,167,772 63,005 10,474,052 54,605 (5,693,720) 17,375,077 17,375,077 14,293,057 3,082,020 417,000 17,792,077 417,000 17,792,077 100,885 14,393,942 316,115 3,398,135 (1,624,305) (1,624,305) (3,919,890) (2,295,585) 116,879 (538,130) 116,879 (538,130) (538,130) (421,251) 116,879 538,130 (2,162,435) (2,045,556) (3,803,011) (1,757,455) 4,706,717 4,706,717 5,947,406 EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning Fund balance – ending $ 2,544,282 125 $ 2,661,161 538,130 $ 2,144,395 1,240,689 $ (516,766) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Air Quality Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 4,025,385 4,025,385 $ 4,199,172 4,199,172 $ 3,616,356 3,616,356 $ (582,816) (582,816) EXPENDITURES Current: Health, welfare and sanitation 3,969,248 4,093,035 3,441,776 651,259 3,969,248 50,000 4,143,035 118,918 3,560,694 (68,918) 582,341 56,137 56,137 55,662 (475) (56,137) (56,137) (56,137) (56,137) Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses 56,137 56,137 Net change in fund balances 55,662 Fund deficit – beginning Fund deficit – ending (537,975) $ (537,975) 126 (537,975) $ (537,975) 55,662 (162,154) $ (106,492) 375,821 $ 431,483 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Animal Control Field Operations Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ Charges for services 15,985 $ 15,985 $ 4,034 $ 3,253,271 Fines and forfeits 4,172 4,172 4,575 403 Interest income 5,000 5,000 13,590 8,590 17,274 3,295,702 17,274 3,295,702 7,990 3,267,468 (9,284) (28,234) 2,978,897 2,978,897 2,950,217 28,680 225,000 3,203,897 225,000 3,203,897 2,950,217 225,000 253,680 91,805 91,805 317,251 225,446 (316,805) (316,805) (351,924) (351,924) (122,404) (122,404) 229,520 229,520 (225,000) (260,119) 194,847 454,966 870,393 870,393 988,702 118,309 Miscellaneous Total revenues 3,237,279 (11,951) 3,253,271 (15,992) EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending $ 645,393 127 $ 610,274 $ 1,183,549 $ 573,275 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Animal Control Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 88,400 Interest income Miscellaneous Total revenues $ 88,400 $ 40,374 $ (48,026) 3,000 3,000 10,811 7,811 1,481,385 1,572,785 1,481,385 1,572,785 1,334,219 1,385,404 (147,166) (187,381) 1,526,983 1,526,983 1,266,929 260,054 1,526,983 1,526,983 131,321 1,398,250 (131,321) 128,733 45,802 45,802 (12,846) (58,648) 72,133 72,133 72,133 72,133 45,802 45,802 117,935 59,287 (58,648) EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out (45,802) (45,802) Total other financing sources (uses) Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending (700,699) $ (700,699) 128 (700,699) $ (582,764) 850,485 $ 909,772 1,551,184 $ 1,492,536 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Animal Control License/Shelter Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ Charges for services Interest income Miscellaneous Total revenues 8,539,805 $ 8,539,805 $ 6,582,265 $ (1,957,540) 1,958,562 1,958,562 2,044,433 150,000 150,000 65,498 (84,502) 85,871 1,020 10,649,387 1,020 10,649,387 6,205 8,698,401 5,185 (1,950,986) 8,288,806 8,288,806 7,706,680 582,126 187,750 8,476,556 187,750 8,476,556 7,706,680 187,750 769,876 2,172,831 2,172,831 991,721 (1,181,110) (1,488,718) (1,488,718) (1,571,534) (1,571,534) (1,031,314) (1,031,314) 540,220 540,220 684,113 601,297 (39,593) (640,890) 3,855,068 3,855,068 4,789,028 933,960 EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Increase in reserve for inventories Fund balance – ending 17,606 $ 4,539,181 129 $ 4,456,365 $ 4,767,041 17,606 $ 310,676 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Ballpark Operations Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ $ $ Charges for services 2,497,694 $ 1,821,223 Interest income Miscellaneous Total revenues 2,497,694 1,821,223 75,000 75,000 88,660 13,660 4,431,391 4,506,391 4,496,351 4,571,351 4,407,577 (4,496,351) (163,774) 1,838,127 1,838,127 4,103,087 4,103,087 1,254,230 1,254,230 2,848,857 2,848,857 2,668,264 468,264 3,153,347 2,685,083 (2,668,264) 2,200,000 (2,668,264) 23,689 (2,477,897) (2,176,311) 190,367 (2,668,264) (468,264) (2,454,208) (1,985,944) EXPENDITURES Current: Culture and recreation Total expenditures Excess of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing uses Net change in fund balances 699,139 Fund balance – beginning Fund balance – ending 7,028,863 $ 7,028,863 130 7,028,863 $ 7,028,863 699,139 6,989,310 $ 7,688,449 (39,553) $ 659,586 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Cactus League Operations Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ 24,750 24,750 Total revenues $ 24,750 24,750 $ 44,744 44,744 $ 19,994 19,994 EXPENDITURES Current: Culture and recreation 482,143 482,143 482,143 482,143 20,424 20,424 461,719 461,719 (457,393) (457,393) 24,320 481,713 493,000 493,000 493,000 493,000 110,000 110,000 (383,000) (383,000) 35,607 35,607 134,320 98,713 Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending 7,028,863 $ 7,064,470 131 7,028,863 $ 7,064,470 3,314,176 $ 3,448,496 (3,714,687) $ (3,615,974) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual CDBG Housing Trust Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 23,202,613 23,202,613 $ 23,202,613 23,202,613 $ 10,991,300 10,991,300 $ (12,211,313) (12,211,313) EXPENDITURES Current: Health, welfare and sanitation Total expenditures 23,142,004 23,142,004 23,142,004 23,142,004 11,272,255 11,272,255 11,869,749 11,869,749 60,609 60,609 (280,955) (341,564) (60,609) (60,609) (60,609) (60,609) Excess (deficiency) of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses 60,609 60,609 Net change in fund balances (280,955) Fund balance – beginning Fund balance (deficit) – ending 483,503 $ 483,503 132 (280,955) 483,503 $ 483,503 (483,503) $ (280,955) $ (764,458) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Check Enforcement Program Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ 334,000 Interest income $ 12,000 334,000 $ 316,388 $ (17,612) 12,000 1,451 (10,549) 346,000 346,000 62 317,901 62 (28,099) 431,584 431,584 431,584 431,584 314,160 314,160 117,424 117,424 Excess (deficiency) of revenues over expenditures (85,584) (85,584) 3,741 89,325 Net change in fund balances (85,584) (85,584) 3,741 89,325 Miscellaneous Total revenues EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending 85,584 $ 85,584 $ 133 130,978 $ 134,719 45,394 $ 134,719 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Child Support Enhancement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 87,000 Interest income Total revenues $ 87,000 $ 99,883 $ 12,883 8,000 95,000 8,000 95,000 4,930 104,813 (3,070) 9,813 75,000 75,000 75,000 75,000 12,468 12,468 62,532 62,532 20,000 20,000 92,345 72,345 EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 20,000 20,000 92,345 72,345 353,383 353,383 381,623 28,240 373,383 134 $ 373,383 $ 473,968 $ 100,585 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Children’s Issues Education Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 111,007 $ 111,007 $ 168,974 4,000 115,007 4,000 115,007 3,657 172,631 115,007 115,007 115,007 115,007 115,007 115,007 $ 57,967 (343) 57,624 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 306,171 $ 306,171 135 306,171 $ 306,171 57,624 57,624 57,624 57,624 300,337 $ 357,961 (5,834) $ 51,790 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Clerk of Court Fill the Gap Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income 2,204,000 $ 2,406,495 $ 2,374,215 $ (32,280) 2,000 2,206,000 2,000 2,408,495 2,374,215 (2,000) (34,280) 2,246,000 2,246,000 2,448,495 2,448,495 2,264,562 2,264,562 183,933 183,933 Excess (deficiency) of revenues over expenditures (40,000) (40,000) 109,653 149,653 Net change in fund balances (40,000) (40,000) 109,653 149,653 80,214 80,214 105,521 Total revenues EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 40,214 136 $ 40,214 $ 215,174 25,307 $ 174,960 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Clerk of the Court EDMS Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income 3,330,000 $ 3,330,000 $ 3,680,069 $ 350,069 40,000 3,370,000 40,000 3,370,000 29,690 3,709,759 (10,310) 339,759 4,058,582 4,058,582 2,432,911 1,625,671 245,000 4,303,582 245,000 4,303,582 95,979 2,528,890 149,021 1,774,692 Excess (deficiency) of revenues over expenditures (933,582) (933,582) 1,180,869 2,114,451 Net change in fund balances (933,582) (933,582) 1,180,869 2,114,451 Total revenues EXPENDITURES Current: Public safety Capital outlay Total expenditures Fund balance – beginning Fund balance – ending 1,265,588 $ 332,006 137 1,265,588 $ 332,006 1,730,074 $ 2,910,943 464,486 $ 2,578,937 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Clerk of the Court Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 1,615,346 1,615,346 $ 1,615,346 1,615,346 $ 1,251,738 1,251,738 $ (363,608) (363,608) EXPENDITURES Current: Public safety 1,615,346 1,615,346 Total expenditures 1,615,346 1,615,346 1,251,738 1,251,738 363,608 363,608 Excess of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending (41,568) $ (41,568) 138 (41,568) $ (41,568) 41,568 $ $ 41,568 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Conciliation Court Fees Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 1,685,930 $ 1,685,930 $ 1,531,681 10,000 1,695,930 10,000 1,695,930 5,626 1,537,307 1,695,930 1,695,930 1,695,930 1,695,930 1,695,930 1,695,930 $ (154,249) (4,374) (158,623) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 695,581 $ 695,581 139 695,581 $ 695,581 (158,623) (158,623) (158,623) (158,623) 693,397 $ 534,774 (2,184) $ (160,807) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Correctional Health Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 42,818 42,818 Total revenues $ 53,591 53,591 $ 60,178 60,178 $ 6,587 6,587 EXPENDITURES Current: Health, welfare and sanitation 42,818 42,818 Total expenditures 53,591 53,591 53,591 53,591 6,587 Excess of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund balance (deficit) – ending (1,106) $ (1,106) 140 (1,106) $ (1,106) $ 6,587 6,587 6,587 (6,587) (5,481) $ 1,106 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual County Attorney Fill the Gap Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 793,600 $ 793,600 $ 684,923 $ (108,677) Charges for services 1,116,788 1,116,788 1,083,410 (33,378) Interest income 54,000 1,964,388 54,000 1,964,388 2,104 1,770,437 (51,896) (193,951) 1,964,388 1,964,388 1,964,388 1,964,388 1,450,420 1,450,420 513,968 513,968 Excess of revenues over expenditures 320,017 320,017 Net change in fund balances 320,017 320,017 Total revenues EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending 813 $ 813 141 813 $ 813 192 $ 320,209 (621) $ 319,396 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual County Attorney Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Interest income Total revenues 7,743,875 $ 8,175,154 $ 7,072,091 $ (1,103,063) 48,215 7,792,090 48,215 8,223,369 15,545 7,087,636 (32,670) (1,135,733) 7,792,090 8,223,369 7,093,421 1,129,948 8,223,369 7,058 7,100,479 (7,058) 1,122,890 (12,843) (12,843) EXPENDITURES Current: Public safety Capital outlay 7,792,090 Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund deficit – ending $ 142 (12,843) (12,843) (61,687) (61,687) (19,791) 41,896 (61,687) $ (61,687) $ (32,634) $ 29,053 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual County Attorney RICO Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ Interest income 2,650,000 $ 2,650,000 $ 3,422,337 $ 772,337 100,000 2,750,000 100,000 2,750,000 35,357 3,457,694 (64,643) 707,694 3,500,000 3,500,000 2,780,394 719,606 3,500,000 3,500,000 15,056 2,795,450 (15,056) 704,550 Excess (deficiency) of revenues over expenditures (750,000) (750,000) 662,244 1,412,244 Net change in fund balances (750,000) (750,000) 662,244 1,412,244 Total revenues EXPENDITURES Current: Public safety Capital Outlay Total expenditures Fund balance – beginning Fund balance – ending 2,012,243 $ 1,262,243 143 2,012,243 $ 1,262,243 1,894,624 $ 2,556,868 (117,619) $ 1,294,625 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual County School Indirect Cost Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 355,311 $ 355,311 $ $ (355,311) Charges for services 824,940 824,940 Miscellaneous 32,284 501,913 Total revenues 355,311 355,311 32,284 857,224 355,311 355,311 941,212 941,212 681,236 681,236 259,976 259,976 (585,901) 175,988 761,889 (585,901) 175,988 761,889 EXPENDITURES Current: Education Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending 39,594 $ 39,594 144 39,594 $ (546,307) 2,038,650 $ 2,214,638 1,999,056 $ 2,760,945 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Court Document Retrieval Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 1,229,100 $ 1,229,100 $ Interest income 1,474,437 $ 245,337 1,229,100 1,229,100 10,626 1,485,063 1,389,100 1,389,100 935,283 453,817 40,000 1,429,100 40,000 1,429,100 935,283 40,000 493,817 Excess (deficiency) of revenues over expenditures (200,000) (200,000) 549,780 749,780 Net change in fund balances (200,000) (200,000) 549,780 749,780 Total revenues 10,626 255,963 EXPENDITURES Current: Public safety Capital outlay Total expenditures Fund balance – beginning Fund balance – ending 455,492 $ 255,492 145 455,492 $ 255,492 553,704 $ 1,103,484 98,212 $ 847,992 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Criminal Justice Enhancement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Interest income Total revenues 1,829,746 $ 1,829,746 $ 1,519,419 $ (310,327) 80,000 1,909,746 80,000 1,909,746 7,835 1,527,254 (72,165) (382,492) 2,709,746 2,709,746 2,709,746 2,709,746 2,141,768 2,141,768 567,978 567,978 (800,000) (800,000) (614,514) 185,486 (800,000) (800,000) (614,514) 185,486 1,071,646 1,071,646 772,264 (299,382) EXPENDITURES Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 271,646 146 $ 271,646 $ 157,750 $ (113,896) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Del Webb Special Revenue Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ 2,800 Interest income Total revenues $ 2,800 $ $ (2,800) 25,000 27,800 25,000 27,800 6,741 6,741 (18,259) (21,059) 353 353 353 353 2,566 2,566 (2,213) (2,213) 27,447 27,447 4,175 (23,272) (2,400) (2,400) (2,400) (2,400) 25,047 25,047 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending 515,565 $ 540,612 147 2,400 2,400 4,175 515,565 $ 540,612 (20,872) 502,977 $ 507,152 (12,588) $ (33,460) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Diversion Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ Interest income Total revenues 1,068,810 $ 1,068,810 $ 1,700,683 $ 631,873 40,000 1,108,810 40,000 1,108,810 23,642 1,724,325 (16,358) 615,515 2,108,810 2,108,810 2,108,810 2,108,810 1,189,541 1,189,541 919,269 919,269 (1,000,000) (1,000,000) 534,784 1,534,784 (1,000,000) (1,000,000) 534,784 1,534,784 1,040,642 1,040,642 1,443,719 EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 40,642 148 $ 40,642 $ 1,978,503 403,077 $ 1,937,861 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Domestic Relations Mediation Education Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 186,682 $ 186,682 $ 184,973 4,000 190,682 4,000 190,682 3,143 188,116 190,682 190,682 190,682 190,682 190,682 190,682 $ (1,709) (857) (2,566) EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 267,807 $ 267,807 149 267,807 $ 267,807 (2,566) (2,566) (2,566) (2,566) 276,288 $ 273,722 8,481 $ 5,915 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Elections Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 55,000 $ 2,773,842 $ Interest income 530,036 $ (2,243,806) 55,000 2,773,842 29,907 559,943 84,524 2,334,524 559,943 1,774,581 84,524 468,842 2,803,366 559,943 468,842 2,243,423 Excess (deficiency) of revenues over expenditures (29,524) (29,524) 29,524 Net change in fund balances (29,524) (29,524) 29,524 Total revenues 29,907 (2,213,899) EXPENDITURES Current: General government Capital outlay Total expenditures Fund balance (deficit) – beginning Fund balance (deficit) – ending (31,321) $ (60,845) 150 (31,321) $ (60,845) 31,321 $ $ 60,845 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Emergency Management Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for services 753,163 $ 174,845 803,163 $ 928,008 $ (93,359) 173,463 (1,382) 978,008 74 883,341 74 (94,667) Interest income Total revenues 709,804 174,845 EXPENDITURES Current: Public safety 897,270 845,399 51,871 19,500 19,500 19,500 916,770 12,235 857,634 7,265 59,136 908,508 61,238 25,707 (35,531) Total other financing uses (61,238) (61,238) (61,238) (61,238) Net change in fund balances 847,270 Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Fund deficit – beginning Fund balance (deficit) – ending 25,707 (94,233) $ 151 753,037 61,238 61,238 (94,233) $ (94,233) 25,707 (57,851) $ (32,144) 36,382 $ 62,089 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Environmental Services Environmental Health Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Actual Amounts Final Original Positive (Negative) REVENUES Licenses and permits $ Charges for services 13,330,584 $ 4,433,963 13,330,584 $ 14,185,646 4,433,963 4,011,327 $ 855,062 (422,636) Fines and forfeits 180,000 180,000 148,302 (31,698) Interest income 200,000 200,000 97,296 (102,704) 2,400 18,146,947 2,400 18,146,947 28,217 18,470,788 25,817 323,841 18,714,962 18,714,962 17,466,274 1,248,688 48,000 18,762,962 48,000 18,762,962 17,466,274 48,000 1,296,688 (616,015) (616,015) 1,004,514 1,620,529 (561,686) (561,686) (629,152) (629,152) (67,466) (67,466) 561,686 561,686 (1,177,701) (1,245,167) 937,048 2,182,215 4,474,208 4,474,208 6,935,347 2,461,139 Miscellaneous Total revenues EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending $ 3,296,507 152 $ 3,229,041 $ 7,872,395 $ 4,643,354 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Environmental Services Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 900,000 Interest income Total revenues $ 900,000 $ 765,000 $ (135,000) 2,000 902,000 2,000 902,000 328 765,328 (1,672) (136,672) 874,337 874,337 753,316 121,021 874,337 874,337 9,759 763,075 (9,759) 111,262 27,663 27,663 2,253 (25,410) (27,663) (27,663) (30,163) (30,163) (2,500) (2,500) 27,663 27,663 (2,500) (247) 2,253 EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending 312,265 $ 312,265 153 312,265 $ 309,765 (312,265) $ (247) $ (310,012) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Expedited Child Support Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 441,080 $ 441,080 $ 607,893 4,500 445,580 4,500 445,580 9,249 617,142 445,580 445,580 445,580 445,580 445,580 445,580 $ 166,813 4,749 171,562 EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 536,921 $ 536,921 154 536,921 $ 536,921 171,562 171,562 171,562 171,562 625,493 $ 797,055 88,572 $ 260,134 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Flood Control Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Actual Amounts Final Original Positive (Negative) REVENUES Taxes $ Licenses and permits 74,246,836 $ 74,246,836 $ 72,659,844 $ (1,586,992) 1,133,600 1,133,600 680,722 Intergovernmental 144,249 144,249 143,653 (596) Interest income 950,000 950,000 1,105,456 155,456 5,478,789 81,953,474 5,478,789 81,953,474 4,579,208 79,168,883 (899,581) (2,784,591) 36,730,311 36,730,311 29,255,939 7,474,372 36,730,311 36,730,311 427,531 29,683,470 (427,531) 7,046,841 45,223,163 45,223,163 49,485,413 4,262,250 (40,627,383) (40,627,383) (40,627,383) (40,627,383) (40,627,383) (40,627,383) 4,595,780 4,595,780 8,858,030 4,262,250 15,776,797 15,776,797 43,532,647 27,755,850 Miscellaneous Total revenues (452,878) EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Increase in reserve for inventory of supplies Fund balance – ending 24,586 $ 20,372,577 155 $ 20,372,577 $ 52,415,263 24,586 $ 32,042,686 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Flood Control Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Actual Amounts Final Original Positive (Negative) REVENUES Intergovernmental $ $ Total revenues 800,000 800,000 $ 547,626 547,626 $ (252,374) (252,374) EXPENDITURES Current: Public safety 800,000 800,000 Total expenditures 547,626 547,626 252,374 252,374 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Increase in reserve for inventory of supplies Fund balance – ending $ $ 156 $ $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual General Government Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 9,158,935 $ 12,914,379 $ Interest income Miscellaneous 11,895,885 $ (1,018,494) 6,975 6,975 18,785,010 27,943,945 17,298,470 30,212,849 11,902,860 (17,298,470) (18,309,989) 36,213,945 36,213,945 33,970,364 33,970,364 11,902,860 11,902,860 22,067,504 22,067,504 Excess (deficiency) of revenues over expenditures (8,270,000) (3,757,515) 3,757,515 Net change in fund balances (8,270,000) (3,757,515) 3,757,515 Total revenues EXPENDITURES Current: General government Total expenditures Fund balance – beginning Fund balance (deficit) – ending $ (8,270,000) 157 $ (3,757,515) $ $ 3,757,515 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Human Services Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 39,324,961 $ 58,305,740 $ Miscellaneous Total revenues 46,000,090 $ (12,305,650) 39,324,961 58,305,740 28,453 46,028,543 28,453 (12,277,197) 38,107,132 57,104,038 44,644,632 12,459,406 32,000 38,139,132 130,000 57,234,038 154,356 44,798,988 (24,356) 12,435,050 1,185,829 1,071,702 1,229,555 157,853 (1,185,829) (1,185,829) (1,071,702) (1,071,702) EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses 1,071,702 1,071,702 Net change in fund balances 1,229,555 Fund deficit – beginning Fund deficit – ending (4,212,162) $ (4,212,162) 158 (4,212,162) $ (4,212,162) 1,229,555 (1,524,217) $ (294,662) 2,687,945 $ 3,917,500 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Inmate Health Services Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 139,715 Interest income Total revenues $ 139,715 10,000 149,715 10,000 149,715 149,715 149,715 149,715 149,715 $ 87,565 $ 7,714 95,279 (52,150) (2,286) (54,436) EXPENDITURES Current: Public safety Total expenditures 149,715 149,715 95,279 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 466,531 $ 466,531 159 466,531 $ 466,531 $ 95,279 95,279 95,279 529,416 62,885 624,695 $ 158,164 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Inmate Services Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income $ $ 10,380,051 $ 10,380,051 350,000 350,000 145,608 (204,392) 14,170,364 14,520,364 14,170,364 14,520,364 500 10,526,159 (14,169,864) (3,994,205) 14,623,816 14,623,816 14,161,904 461,912 1,225,089 15,848,905 1,225,089 15,848,905 14,161,904 1,225,089 1,687,001 Deficiency of revenues under expenditures (1,328,541) (1,328,541) (3,635,745) (2,307,204) Net change in fund balances (1,328,541) (1,328,541) (3,635,745) (2,307,204) Miscellaneous Total revenues EXPENDITURES Current: Public safety Capital outlay Total expenditures Fund balance – beginning Fund balance – ending 9,375,731 $ 8,047,190 160 9,375,731 $ 8,047,190 11,847,961 $ 8,212,216 2,472,230 $ 165,026 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Judicial Enhancement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 1,354,840 $ 1,354,840 $ 1,780,188 $ 425,348 33,277 1,388,117 33,277 1,388,117 12,681 1,792,869 (20,596) 404,752 1,643,117 1,643,117 1,643,117 1,643,117 1,045,916 1,045,916 597,201 597,201 (255,000) (255,000) 746,953 1,001,953 (255,000) (255,000) 746,953 1,001,953 407,896 407,896 571,893 EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance– ending $ 152,896 161 $ 152,896 $ 1,318,846 163,997 $ 1,165,950 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Justice Court Judicial Enhancement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ 882,188 Interest income $ 882,188 $ 951,405 $ 69,217 34,498 916,686 34,498 916,686 12,361 963,766 (22,137) 47,080 916,686 1,046,686 767,740 278,946 1,046,686 22,874 790,614 (22,874) 256,072 Excess (deficiency) of revenues over expenditures (130,000) 173,152 303,152 Net change in fund balances (130,000) 173,152 303,152 Total revenues EXPENDITURES Current: Public safety Capital outlay 916,686 Total expenditures Fund balance – beginning Fund balance – ending 626,843 $ 626,843 162 626,843 $ 496,843 823,722 $ 996,874 196,879 $ 500,031 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Justice Court Special Revenue Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) Revenues Charges for services $ Interest income Total revenues 5,011,619 $ 5,011,619 $ 4,556,026 $ (455,593) 195,412 5,207,031 195,412 5,207,031 23,590 4,579,616 (171,822) (627,415) 7,219,855 7,219,855 7,829,855 7,829,855 6,547,487 6,547,487 1,282,368 1,282,368 (2,012,824) (2,622,824) (1,967,871) 654,953 (2,012,824) (2,622,824) (1,967,871) 654,953 3,611,381 3,611,381 2,741,337 (870,044) Expenditures Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 1,598,557 163 $ 988,557 $ 773,466 $ (215,091) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Justice Courts Photo Enforcement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) Revenues Charges for services $ $ 1,020,000 $ Interest income Total revenues 1,900,286 4,438 $ 880,286 4,438 1,020,000 1,904,724 884,724 1,020,000 1,013,070 6,930 1,020,000 1,013,070 6,930 891,654 891,654 891,654 891,654 Expenditures Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ $ 164 $ 891,654 $ 891,654 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Juvenile Probation Diversion Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 370,000 Interest income Total revenues $ 370,000 $ 314,319 $ (55,681) 16,633 386,633 16,633 386,633 11,826 326,145 (4,807) (60,488) 386,633 386,633 386,633 386,633 329,402 329,402 57,231 57,231 (3,257) (3,257) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances (3,257) Fund balance – beginning Fund balance – ending 948,756 $ 948,756 165 948,756 $ 948,756 (3,257) 905,938 $ 902,681 (42,818) $ (46,075) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Juvenile Probation Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Interest income Total revenues 4,992,523 $ 5,416,022 $ 4,048,629 $ (1,367,393) 50,000 5,042,523 50,000 5,466,022 11,802 4,060,431 (38,198) (1,405,591) 5,042,523 5,042,523 5,466,022 5,466,022 4,163,011 4,163,011 1,303,011 1,303,011 (102,580) (102,580) (102,580) (102,580) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund deficit – ending (595,635) $ (595,635) 166 (595,635) $ (595,635) (23,795) $ (126,375) 571,840 $ 469,260 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Juvenile Probation Special Fees Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 579,489 $ 579,489 $ 560,739 $ (18,750) Fines and forfeits 3,618,698 3,618,698 3,856,222 237,524 Interest income 6,000 4,204,187 6,000 4,204,187 8,347 4,425,308 2,347 221,121 4,204,187 4,204,187 4,350,187 4,350,187 4,269,494 4,269,494 80,693 80,693 Excess (deficiency) of revenues over expenditures (146,000) 155,814 301,814 Net change in fund balances (146,000) 155,814 301,814 Total revenues EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending 809,196 $ 809,196 167 809,196 $ 663,196 683,420 $ 839,234 (125,776) $ 176,038 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Juvenile Restitution Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ Miscellaneous Total revenues $ $ 988 $ 988 25,000 25,000 25,000 25,000 19,795 20,783 (5,205) (4,217) 25,000 25,000 25,000 25,000 22,861 22,861 2,139 2,139 (2,078) (2,078) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 87,986 $ 87,986 168 87,986 $ 87,986 $ (2,078) (2,078) 85,777 (2,209) 83,699 $ (4,287) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Lake Pleasant Recreation Services Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 1,590,950 Fines and forfeits $ 1,590,950 $ 1,761,453 $ 170,503 50 50 780 730 100,000 100,000 22,627 (77,373) 75,010 1,766,010 75,010 1,766,010 152,333 1,937,193 77,323 171,183 1,886,010 1,886,010 1,661,071 224,939 225,000 2,111,010 225,000 2,111,010 1,661,071 225,000 449,939 Excess (deficiency) of revenues over expenditures (345,000) (345,000) 276,122 621,122 Net change in fund balances (345,000) (345,000) 276,122 621,122 Interest income Miscellaneous Total revenues EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Fund balance – beginning Fund balance – ending 1,549,763 $ 1,204,763 169 1,549,763 $ 1,204,763 1,617,046 $ 1,893,168 67,283 $ 688,405 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Law Library Fees Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 895,000 $ 895,000 $ 1,491,223 $ 596,223 Fines and forfeits 2,000 2,000 1,520 (480) Interest income 7,000 7,000 14,824 7,824 36,000 940,000 36,000 940,000 6,963 1,514,530 (29,037) 574,530 940,000 1,223,500 1,125,712 97,788 940,000 60,000 1,283,500 1,125,712 60,000 157,788 Excess (deficiency) of revenues over expenditures (343,500) 388,818 732,318 Net change in fund balances (343,500) 388,818 732,318 Miscellaneous Total revenues EXPENDITURES Current: Public safety Capital outlay Total expenditures Fund balance – beginning Fund balance – ending 813,656 $ 813,656 170 813,656 $ 470,156 930,737 $ 1,319,555 117,081 $ 849,399 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Legal Defender Fill the Gap Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 59,000 $ 59,000 $ Interest income Total revenues 59,000 59,000 59,000 190 59,190 59,000 59,000 59,000 59,000 59,000 59,000 $ 190 190 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 1,799 $ 1,799 171 1,799 $ 1,799 190 190 190 190 1,900 $ 2,090 101 $ 291 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Library District Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes $ Intergovernmental Charges for services Fines and forfeits 20,263,686 Total revenues 20,263,686 $ 20,286,084 $ 22,398 226,942 226,004 (938) 2,854,938 2,854,938 2,646,232 (208,706) 654,696 654,696 805,016 150,320 89,065 89,065 132,898 43,833 135,416 24,224,743 347,603 24,436,930 544,839 24,641,073 197,236 204,143 21,924,526 22,136,713 20,255,644 1,881,069 21,924,526 674,999 22,811,712 292,353 20,547,997 382,646 2,263,715 2,300,217 1,625,218 4,093,076 2,467,858 Interest income Miscellaneous $ 226,942 EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in 659,469 Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending 659,469 (4,251,154) (3,591,685) $ 659,469 (4,251,154) (3,591,685) (4,251,154) (3,591,685) (1,291,468) (1,966,467) 501,391 10,860,738 10,860,738 11,444,261 9,569,270 172 $ 8,894,271 $ 11,945,652 2,467,858 583,523 $ 3,051,381 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Library District Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ $ Miscellaneous 15,000 $ 50,000 $ 35,000 35,000 50,000 50,000 50,000 50,000 16,380 16,380 33,620 33,620 Excess of revenues over expenditures 33,620 33,620 Net change in fund balances 33,620 33,620 Total revenues (35,000) EXPENDITURES Current: Culture and recreation Total expenditures Fund balance – beginning Fund balance – ending $ $ 173 $ 33,620 $ 33,620 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Medical Examiner Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 218,615 218,615 $ 218,615 218,615 $ 151,676 151,676 $ (66,939) (66,939) EXPENDITURES Current: Public safety Capital outlay Total expenditures 28,615 28,615 26,742 1,873 190,000 218,615 190,000 218,615 124,934 151,676 65,066 66,939 Excess of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending (88) $ (88) 174 (88) $ (88) 88 $ $ 88 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Palo Verde Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 404,459 $ 404,459 $ Interest income Total revenues 404,459 $ 404,459 404,459 5,143 409,602 5,143 5,143 389,065 389,065 389,065 389,065 355,659 355,659 33,406 33,406 15,394 15,394 53,943 38,549 (15,394) (15,394) (15,394) (15,394) 420,415 420,415 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses 15,394 15,394 Net change in fund balances Fund balance – beginning Fund balance – ending $ 420,415 175 $ 420,415 $ 53,943 53,943 382,014 (38,401) 435,957 $ 15,542 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Parks and Recreation Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 4,820 4,820 Total revenues $ 42,820 42,820 $ 30,811 30,811 $ (12,009) (12,009) EXPENDITURES Current: Culture and recreation 4,820 4,820 Total expenditures 91,020 91,020 Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending 2,649 $ 2,649 176 30,811 30,811 60,209 60,209 (48,200) 48,200 (48,200) 48,200 2,649 $ (45,551) (2,649) $ $ 45,551 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Parks Donations Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ 23,500 Miscellaneous Total revenues $ 23,500 $ 6,454 $ (17,046) 84,500 108,000 84,500 108,000 42,647 49,101 (41,853) (58,899) 148,000 148,000 249,389 249,389 29,370 29,370 220,019 220,019 (40,000) (141,389) 19,731 161,120 (40,000) (141,389) 19,731 161,120 807,198 807,198 685,862 (121,336) EXPENDITURES Current: Culture and recreation Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 767,198 177 $ 665,809 $ 705,593 $ 39,784 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Parks Enhancement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 2,228,232 Interest income Miscellaneous Total revenues $ 2,228,232 $ 2,494,043 $ 265,811 68,409 68,409 23,589 (44,820) 1,066,853 3,363,494 1,066,853 3,363,494 1,181,308 3,698,940 114,455 335,446 3,835,026 3,835,026 3,753,245 81,781 930,000 4,765,026 850,000 4,685,026 21,900 3,775,145 828,100 909,881 (1,401,532) (1,321,532) (76,205) 1,245,327 EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES (USES) Transfers in 71,533 71,533 96,807 25,274 71,533 (182,990) (111,457) (17,990) 78,817 165,000 190,274 (1,329,999) (1,432,989) 2,612 1,435,601 Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning Fund balance – ending 1,957,407 $ 627,408 178 1,957,407 $ 524,418 1,949,645 $ 1,952,257 (7,762) $ 1,427,839 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Parks Souvenir Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ Miscellaneous Total revenues 1,500 $ 1,500 $ 652 $ (848) 168,500 170,000 238,500 240,000 243,084 243,736 4,584 3,736 98,467 98,467 168,467 168,467 143,192 143,192 25,275 25,275 71,533 71,533 100,544 29,011 (71,533) (71,533) (71,533) (71,533) (96,807) (96,807) (25,274) (25,274) 3,737 3,737 EXPENDITURES Current: Culture and recreation Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending 26,755 $ 26,755 179 26,755 $ 26,755 25,011 $ 28,748 (1,744) $ 1,993 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Parks Spur Cross Ranch Conservation Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Actual Amounts Final Original Positive (Negative) REVENUES Charges for services $ 284,900 $ 284,900 $ 166,031 $ (118,869) Interest income 20,000 20,000 5,142 (14,858) Miscellaneous 100 305,000 100 305,000 171,173 (100) (133,827) Total revenues EXPENDITURES Current: Culture and recreation 340,000 340,000 266,623 73,377 250,000 590,000 250,000 590,000 266,623 250,000 323,377 Deficiency of revenues under expenditures (285,000) (285,000) (95,450) 189,550 Net change in fund balances (285,000) (285,000) (95,450) 189,550 Capital outlay Total expenditures Fund balance – beginning Fund balance – ending 534,747 $ 249,747 180 534,747 $ 249,747 484,897 $ 389,447 (49,850) $ 139,700 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Planning and Development Fees Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Final Actual Amounts Positive (Negative) REVENUES Licenses and permits $ Charges for services 2,597,376 $ 3,640,388 Fines and forfeits Total revenues 2,735,575 3,296,481 $ 138,199 (343,907) 35,000 35,000 132,114 97,114 450,000 450,000 50,260 (399,740) 30,000 6,752,764 30,000 6,752,764 52,679 6,267,109 22,679 (485,655) 7,213,687 7,811,981 8,013,848 (201,867) 563 7,214,250 563 7,812,544 8,013,848 563 (201,304) (461,486) (1,059,780) (1,746,739) (686,959) 95,165 (491,441) 95,135 (491,441) (30) 491,441 (491,441) (396,276) 95,135 491,411 (952,927) (1,456,056) (1,651,604) (195,548) 3,568,321 3,568,321 4,462,699 2,112,265 $ 2,811,095 Interest income Miscellaneous 2,597,376 $ 3,640,388 EXPENDITURES Current: Public safety Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning Fund balance – ending $ 2,615,394 181 $ 894,378 $ 698,830 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Probate Fees Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 385,531 Interest income Total revenues $ 385,531 $ 490,858 4,000 389,531 4,000 389,531 7,145 498,003 389,531 389,531 389,531 389,531 389,531 389,531 $ 105,327 3,145 108,472 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 445,535 $ 445,535 182 445,535 $ 445,535 108,472 108,472 108,472 108,472 470,663 $ 579,135 25,128 $ 133,600 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Public Defender Fill the Gap Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 1,472,536 $ 1,472,536 $ Interest income 1,207,627 $ (264,909) 1,472,536 1,472,536 7,275 1,214,902 1,630,600 1,630,600 1,630,600 1,630,600 976,740 976,740 653,860 653,860 Excess (deficiency) of revenues over expenditures (158,064) (158,064) 238,162 396,226 Net change in fund balances (158,064) (158,064) 238,162 396,226 880,888 880,888 533,813 (347,075) Total revenues 7,275 (257,634) EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 722,824 183 $ 722,824 $ 771,975 $ 49,151 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Public Defender Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 342,187 342,187 $ 451,695 451,695 $ 422,493 422,493 $ (29,202) (29,202) EXPENDITURES Current: Public safety 342,187 342,187 Total expenditures 451,695 451,695 422,493 422,493 29,202 29,202 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 14,192 $ 14,192 184 14,192 $ 14,192 (14,192) $ $ (14,192) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Public Defender Training Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Miscellaneous 483,645 $ 483,645 $ 475,712 $ (7,933) 13,000 496,645 13,000 496,645 5,630 481,342 (7,370) (15,303) 659,774 659,774 659,774 659,774 433,072 433,072 226,702 226,702 Excess (deficiency) of revenues over expenditures (163,129) (163,129) 48,270 211,399 Net change in fund balances (163,129) (163,129) 48,270 211,399 196,866 196,866 130,840 Total revenues EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 33,737 185 $ 33,737 $ 179,110 (66,026) $ 145,373 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Public Health Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 35,409,374 $ Charges for services 58,232,675 $ $ (15,588,598) 503,598 51,847 35,409,374 58,684,426 27,965 43,175,640 27,965 (15,508,786) 34,179,074 56,521,831 43,337,700 13,184,131 34,179,074 919,000 57,440,831 917,868 44,255,568 1,132 13,185,263 1,230,300 1,243,595 (1,079,928) (2,323,523) (1,230,300) (1,230,300) (1,243,595) (1,243,595) (13,295) (13,295) 1,230,300 1,230,300 (1,093,223) (1,093,223) (545,642) 1,509,903 Miscellaneous Total revenues 42,644,077 451,751 EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund deficit – beginning (2,055,545) (2,055,545) Decrease in reserve for inventories Fund deficit – ending (88,275) $ (2,055,545) 186 $ (2,055,545) $ (1,727,140) (88,275) $ 328,405 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Public Health Fees Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 6,464,351 $ 6,464,351 $ 4,375,108 $ (2,089,243) 100,001 6,564,352 100,001 6,564,352 60,302 4,435,410 (39,699) (2,128,942) 6,508,587 6,508,587 3,891,436 2,617,151 20,000 6,528,587 85,000 6,593,587 11,199 3,902,635 73,801 2,690,952 35,765 (29,235) 532,775 562,010 EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning 45,000 45,000 28,530 (16,470) (237,201) (192,201) (237,201) (192,201) 28,530 237,201 220,731 (156,436) (221,436) 561,305 782,741 3,404,792 3,404,792 4,190,848 786,056 Increase in reserve for inventories Fund balance – ending 19,831 $ 187 3,248,356 $ 3,183,356 $ 4,771,984 19,831 $ 1,588,628 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Recorder’s Surcharge Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 3,840,000 $ 3,840,000 $ 4,481,272 $ 641,272 102,000 3,942,000 102,000 3,942,000 57,302 4,538,574 (44,698) 596,574 3,293,298 3,293,298 3,126,740 166,558 570,000 3,863,298 570,000 3,863,298 279,589 3,406,329 290,411 456,969 78,702 78,702 1,132,245 1,053,543 78,702 78,702 1,132,245 1,053,543 EXPENDITURES Current: General government Capital outlay Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 3,531,359 $ 3,610,061 188 3,531,359 $ 3,610,061 3,810,641 $ 4,942,886 279,282 $ 1,332,825 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual School Communication Expense Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 102,240 $ 102,240 $ Interest income Total revenues 94,979 $ (7,261) 102,240 102,240 415 95,394 415 (6,846) 102,240 102,240 150,152 150,152 117,409 117,409 32,743 32,743 (47,912) (22,015) 25,897 (47,912) (22,015) 25,897 42,517 61,202 EXPENDITURES Current: Education Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending 42,517 $ 42,517 189 $ (5,395) $ 39,187 18,685 $ 44,582 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual School Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 962,062 $ 962,062 $ Interest income Total revenues 418,754 $ (543,308) 962,062 962,062 1,521 420,275 1,521 (541,787) 962,062 962,062 962,062 962,062 435,284 435,284 526,778 526,778 (15,009) (15,009) EXPENDITURES Current: Education Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund deficit – beginning Fund deficit – ending (112,113) $ (112,113) 190 16,806 16,806 16,806 16,806 16,806 1,797 (112,113) $ (95,307) (15,009) (35,272) $ (33,475) 76,841 $ 61,832 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual School Transportation Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ Miscellaneous Total revenues $ $ 2,688 $ 2,688 792,887 792,887 792,887 792,887 218,358 221,046 (574,529) (571,841) 792,887 792,887 792,887 792,887 369,342 369,342 423,545 423,545 (148,296) (148,296) (148,296) (148,296) EXPENDITURES Current: Education Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 353,200 $ 353,200 191 353,200 $ 353,200 363,901 $ 215,605 10,701 $ (137,595) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Sheriff Donations Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ 800 Miscellaneous Total revenues $ 800 $ 1,397 $ 597 83,840 84,640 83,840 84,640 28,000 29,397 (55,840) (55,243) 84,640 84,640 84,640 84,640 46,350 46,350 38,290 38,290 (16,953) (16,953) (16,953) (16,953) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 105,573 $ 105,573 192 105,573 $ 105,573 122,604 $ 105,651 17,031 $ 78 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Sheriff Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Fines and forfeits 5,215,676 $ 170,000 5,385,676 6,770,451 $ 6,325,252 $ (445,199) 702,154 7,472,605 534,459 6,859,711 5,038,811 5,567,969 5,662,671 (94,702) 346,865 5,385,676 1,904,636 7,472,605 416,950 6,079,621 1,487,686 1,392,984 Excess of revenues over expenditures 780,090 780,090 Net change in fund balances 780,090 780,090 Total revenues (167,695) (612,894) EXPENDITURES Current: Public safety Capital outlay Total expenditures Fund deficit – beginning Fund deficit – ending (405,161) $ (405,161) 193 (405,161) $ (405,161) (1,448,590) $ (668,500) (1,043,429) $ (263,339) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Sheriff Jail Enhancement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 2,205,000 2,205,000 $ 2,205,000 2,205,000 $ 1,838,065 1,838,065 $ (366,935) (366,935) EXPENDITURES Current: Public safety Capital outlay Total expenditures 1,890,000 1,890,000 1,204,808 685,192 315,000 2,205,000 315,000 2,205,000 151,712 1,356,520 163,288 848,480 481,545 481,545 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 1,057,853 $ 1,057,853 194 1,057,853 $ 1,057,853 $ 481,545 481,545 884,969 (172,884) 1,366,514 $ 308,661 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Sheriff RICO Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ Total revenues 1,155,000 1,155,000 $ 2,655,000 2,655,000 $ 1,920,393 1,920,393 $ (734,607) (734,607) EXPENDITURES Current: Public safety Capital outlay Total expenditures 939,000 1,957,756 1,535,537 422,219 216,000 1,155,000 697,244 2,655,000 356,923 1,892,460 340,321 762,540 27,933 27,933 Excess of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance – ending $ $ 195 $ 27,933 27,933 (27,933) (27,933) $ Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Small School Service Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 104,204 $ 104,204 $ Interest income Total revenues 109,657 $ 5,453 104,204 104,204 1,962 111,619 1,962 7,415 104,204 104,204 360,572 360,572 226,594 226,594 133,978 133,978 (256,368) (114,975) 141,393 273,174 (16,806) 273,174 (16,806) 256,368 256,368 EXPENDITURES Current: Education Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources Net change in fund balances 141,393 Fund balance – beginning Fund balance – ending 55,793 $ 55,793 196 55,793 $ 55,793 141,393 20,712 $ 162,105 (35,081) $ 106,312 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Solid Waste Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 190,000 190,000 $ 190,000 190,000 $ 434 434 $ (189,566) (189,566) EXPENDITURES Current: Health, welfare, and sanitation 190,000 190,000 Total expenditures 190,000 190,000 Excess (deficiency) of revenues over expenditures Net change in fund balances 124,538 124,538 (65,028) (65,028) (65,028) Fund balance – beginning Fund balance (deficit)– ending 65,462 65,462 18,317 $ 18,317 197 (65,028) 18,317 $ 18,317 (18,317) $ (65,028) $ (83,345) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Solid Waste Management Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income 200,000 $ 200,000 $ $ (109,596) 525,000 127,018 (397,982) 725,000 725,000 102,757 320,179 102,757 (404,821) 7,283,935 7,283,935 2,494,279 4,789,656 109,000 7,392,935 109,000 7,392,935 59,607 2,553,886 49,393 4,839,049 (6,667,935) (6,667,935) (2,233,707) 4,434,228 (244,434) (244,434) (263,684) (263,684) (199,250) (199,250) 64,434 64,434 (6,912,369) (6,931,619) (2,432,957) 4,498,662 Miscellaneous Total revenues 90,404 525,000 EXPENDITURES Current: Health, welfare, and sanitation Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending 11,194,798 $ 4,282,429 198 11,194,798 $ 4,263,179 10,679,535 $ 8,246,578 (515,263) $ 3,983,399 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Spousal Maintenance Enforcement Enhancement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Actual Amounts Final Original Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 115,171 $ 115,171 $ 109,557 750 115,921 750 115,921 1,562 111,119 115,921 115,921 115,921 115,921 115,921 115,921 $ (5,614) 812 (4,802) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures (4,802) (4,802) Net change in fund balances (4,802) (4,802) Fund balance – beginning Fund balance – ending 142,866 $ 142,866 199 142,866 $ 142,866 141,860 $ 137,058 (1,006) $ (5,808) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Superior Court Fill the Gap Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income 2,005,456 $ 2,199,501 $ 2,194,348 $ (5,153) 4,998 2,010,454 4,998 2,204,499 2,569 2,196,917 (2,429) (7,582) 2,010,454 2,114,499 1,795,872 318,627 2,010,454 90,000 2,204,499 1,795,872 90,000 408,627 Excess of revenues over expenditures 401,045 401,045 Net change in fund balances 401,045 401,045 Total revenues EXPENDITURES Current: Public safety Capital outlay Total expenditures Fund balance – beginning Fund balance – ending 228,540 $ 228,540 200 228,540 $ 228,540 4,071 $ 405,116 (224,469) $ 176,576 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Taxpayer Information Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ $ Miscellaneous Total revenues $ 301,790 $ 301,790 304,341 304,341 304,341 304,341 301,790 (304,341) (2,551) 304,341 304,341 304,341 304,341 246,980 246,980 57,361 57,361 54,810 54,810 EXPENDITURES Current: General government Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 387,878 $ 387,878 201 387,878 $ 387,878 $ 54,810 54,810 223,360 (164,518) 278,170 $ (109,708) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Transportation Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 755,000 755,000 Total revenues $ 782,290 782,290 $ 818,896 818,896 $ 36,606 36,606 EXPENDITURES Current: Highways and streets Capital outlay Total expenditures 75,000 102,290 291,845 (189,555) 680,000 755,000 680,000 782,290 47,634 339,479 632,366 442,811 479,417 479,417 Excess of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund deficit – ending (57,196) $ (57,196) 202 (57,196) $ (57,196) $ 479,417 479,417 (506,586) (449,390) (27,169) $ 30,027 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Transportation Operations Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Actual Amounts Final Original Positive (Negative) REVENUES Licenses and permits $ Intergovernmental 1,063,089 $ 1,063,089 $ 765,822 $ (297,267) 92,486,681 92,486,681 93,129,570 55,500 55,500 45,596 (9,904) Interest income 2,000,000 2,000,000 1,008,103 (991,897) Miscellaneous 786,730 96,392,000 786,730 96,392,000 340,304 95,289,395 (446,426) (1,102,605) 55,792,478 55,792,478 52,281,082 3,511,396 3,046,800 58,839,278 3,046,800 58,839,278 2,264,015 54,545,097 782,785 4,294,181 37,552,722 37,552,722 40,744,298 3,191,576 10,000 10,000 (37,552,722) (37,552,722) (37,576,322) (37,566,322) (35,567,886) (35,557,886) 2,008,436 2,008,436 (13,600) 5,186,412 5,200,012 22,739,211 22,739,211 Charges for services Total revenues 642,889 EXPENDITURES Current: Highways and streets Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Decrease in reserve for inventories . Fund balance (deficit) – ending $ (228,522) $ 203 (13,600) $ 27,697,101 (228,522) $ 27,710,701 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Trial Court Grants Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Interest income Total revenues 2,012,724 $ 2,012,724 $ 1,565,488 $ (447,236) 1,000 2,013,724 1,000 2,013,724 1,565,488 (1,000) (448,236) 2,013,724 2,013,724 2,013,724 2,013,724 1,691,195 1,691,195 322,529 322,529 (125,707) (125,707) (125,707) (125,707) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 25,277 $ 25,277 204 25,277 $ 25,277 (25,995) $ (151,702) (51,272) $ (176,979) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Trial Court Special Revenue Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 6,055,817 Interest income $ 6,055,817 $ 6,687,193 $ 631,376 12,000 12,000 31,498 19,498 33,000 6,100,817 33,000 6,100,817 16,216 6,734,907 (16,784) 634,090 6,484,817 6,895,717 6,521,784 373,933 6,484,817 77,300 6,973,017 6,521,784 77,300 451,233 Excess (deficiency) of revenues over expenditures (384,000) (872,200) 213,123 1,085,323 Net change in fund balances (384,000) (872,200) 213,123 1,085,323 Miscellaneous Total revenues EXPENDITURES Current: Public safety Capital outlay Total expenditures Fund balance– beginning Fund balance – ending 2,704,718 $ 2,320,718 205 2,704,718 $ 1,832,518 2,577,395 $ 2,790,518 (127,323) $ 958,000 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Victim Compensation Interest Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ 24,000 Interest income Total revenues $ 24,000 $ 26,646 $ 2,646 16,000 40,000 16,000 40,000 9,947 36,593 (6,053) (3,407) 40,000 40,000 40,000 40,000 352 352 39,648 39,648 36,241 36,241 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 612,938 $ 612,938 206 612,938 $ 612,938 $ 36,241 36,241 727,061 114,123 763,302 $ 150,364 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Victim Compensation Restitution Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ Interest income Total revenues 73,900 $ 73,900 $ 137,774 $ 63,874 26,100 100,000 26,100 100,000 11,813 149,587 (14,287) 49,587 100,000 100,000 100,000 100,000 2,420 2,420 97,580 97,580 147,167 147,167 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 655,473 $ 655,473 207 655,473 $ 655,473 $ 147,167 147,167 800,133 144,660 947,300 $ 291,827 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Victim Location Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ 24,000 24,000 Total revenues $ 24,000 24,000 $ 11,000 11,000 $ (13,000) (13,000) EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 10,000 10,000 10,000 10,000 5,967 5,967 4,033 4,033 14,000 14,000 5,033 (8,967) (8,967) 14,000 14,000 5,033 175,344 175,344 175,788 189,344 208 $ 189,344 $ 180,821 444 $ (8,523) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Waste Management Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 65,000 $ 65,000 $ Interest income 9,707 $ (55,293) 65,000 65,000 5,821 15,528 504,483 504,483 504,483 504,483 69,533 69,533 434,950 434,950 Deficiency of revenues under expenditures (439,483) (439,483) (54,005) 385,478 Net change in fund balances (439,483) (439,483) (54,005) 385,478 588,334 588,334 503,004 Total revenues 5,821 (49,472) EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 148,851 209 $ 148,851 $ 448,999 (85,330) $ 300,148 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Waste Tire Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2010 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for services Interest income Total revenues 4,923,154 $ 4,923,154 $ 4,110,337 $ (812,817) 50,000 200,000 50,000 200,000 143,405 18,041 93,405 (181,959) 5,173,154 5,173,154 4,271,783 (901,371) 5,113,672 5,113,672 5,113,672 5,113,672 4,993,212 4,993,212 120,460 120,460 59,482 59,482 (721,429) (780,911) (59,482) (59,482) (59,482) (59,482) EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses 59,482 59,482 Net change in fund balances (721,429) Fund balance – beginning Fund balance – ending 2,871,519 $ 2,871,519 210 2,871,519 $ 2,871,519 (721,429) 2,297,826 $ 1,576,397 (573,693) $ (1,295,122) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual County Improvement Debt Fund – Debt Service Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 2,698,636 $ 2,698,636 $ 2,630,623 $ (68,013) 64,152 2,762,788 64,152 2,762,788 276,413 2,907,036 212,261 144,248 18,709,110 18,709,110 11,635,000 7,074,110 (7,074,110) 18,709,110 18,709,110 7,074,110 18,709,110 (15,946,322) (15,946,322) (15,802,074) 10,147,283 10,147,283 10,147,283 10,147,283 10,147,283 (1,264,864) 8,882,419 (1,264,864) (1,264,864) (5,799,039) (5,799,039) (6,919,655) (1,120,616) EXPENDITURES Debt service: Principal Interest Total expenditures Deficiency of revenues under expenditures 144,248 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending 8,735,641 $ 2,936,602 211 8,735,641 $ 2,936,602 15,803,881 $ 8,884,226 7,068,240 $ 5,947,624 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Stadium District Debt Service Fund – Debt Service Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes $ Interest income Total revenues 5,450,000 $ 5,450,000 $ 4,668,574 $ (781,426) 475,094 5,925,094 475,094 5,925,094 337,031 5,005,605 (138,063) (919,489) 6,432,094 6,432,094 4,260,000 2,172,094 2,159,094 (2,159,094) EXPENDITURES Debt service: Principal Interest Other expenditures Total expenditures Deficiency of revenues under expenditures 6,432,094 6,432,094 1,250 6,420,344 (1,250) 11,750 (507,000) (507,000) (1,414,739) (907,739) 1,000,000 1,000,000 1,000,000 (493,000) 507,000 (493,000) 507,000 (110,000) 890,000 383,000 383,000 (524,739) (524,739) OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending 9,993,478 $ $ 212 $ 9,468,739 9,993,478 $ 9,468,739 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual County Improvement Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ $ $ Total revenues 467,071 467,071 $ 467,071 467,071 EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures 113,988,797 113,988,797 48,902,557 48,902,557 48,657,932 48,657,932 244,625 244,625 (113,988,797) (48,902,557) (48,190,861) 711,696 46,506,143 46,506,143 46,506,143 46,506,143 (2,396,414) (1,684,718) OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending (113,988,797) (11,838,612) $ (125,827,409) 213 (11,838,612) $ (14,235,026) 711,696 1,697,471 $ 12,753 13,536,083 $ 14,247,779 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Detention Capital Projects Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ $ Total revenues 2,302,800 2,302,800 $ 121,893 121,893 $ (2,180,907) (2,180,907) EXPENDITURES Capital outlay 8,152,800 8,152,800 1,225,239 1,225,239 6,927,561 6,927,561 Excess (deficiency) of revenues under expenditures (5,850,000) (1,103,346) 4,746,654 Net change in fund balances (5,850,000) Total expenditures Fund balance – beginning Fund balance (deficit) – ending $ $ 214 (5,850,000) $ (1,103,346) 4,746,654 83,406,119 83,406,119 82,302,773 $ 88,152,773 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Flood Control Capital Projects Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 13,591,000 13,591,000 $ 13,591,000 13,591,000 $ 11,689,448 11,689,448 $ (1,901,552) (1,901,552) EXPENDITURES Capital Outlay Total expenditures Deficiency of revenues under expenditures 60,000,000 60,000,000 60,000,000 60,000,000 41,079,058 41,079,058 18,920,942 18,920,942 (46,409,000) (46,409,000) (29,389,610) 17,019,390 40,627,383 40,627,383 40,627,383 40,627,383 40,627,383 40,627,383 (5,781,617) (5,781,617) 11,237,773 OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending 30,946,992 $ 25,165,375 215 30,946,992 $ 25,165,375 17,019,390 26,283,758 $ 37,521,531 (4,663,234) $ 12,356,156 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual General Fund County Improvements Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ $ $ Miscellaneous Total revenues 5,124,122 $ 5,124,122 142,683 5,266,805 142,683 5,266,805 EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures 6,722,910 6,722,910 75,270,895 75,270,895 47,401,083 47,401,083 27,869,812 27,869,812 (6,722,910) (75,270,895) (42,134,278) 33,136,617 OTHER FINANCING SOURCES (USES) Transfers in 61,299,990 65,378,784 65,378,784 Transfers out (9,065,698) 52,234,292 (55,571,841) 9,806,943 (55,571,841) 9,806,943 45,511,382 (65,463,952) (32,327,335) Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending 423,739,336 $ 469,250,718 216 423,739,336 $ 358,275,384 33,136,617 419,841,192 $ 387,513,857 (3,898,144) $ 29,238,473 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Intergovernmental Capital Projects Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ $ $ Total revenues 34,605 34,605 $ 34,605 34,605 EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures 857,075 857,075 635,704 635,704 386,906 386,906 248,798 248,798 (857,075) (635,704) (352,301) 283,403 180,000 345,000 180,000 (165,000) 180,000 (90,000) 255,000 (90,000) 90,000 (165,000) (677,075) (380,704) (262,301) 118,403 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending 3,382,449 $ 2,705,374 217 3,382,449 $ 3,001,745 2,710,478 $ 2,448,177 (671,971) $ (553,568) Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Library District Capital Improvement Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ $ $ Miscellaneous Total revenues 108,825 $ 108,825 57,410 166,235 57,410 166,235 EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures 9,600,000 9,600,000 10,100,000 10,100,000 5,405,828 5,405,828 4,694,172 4,694,172 (9,600,000) (10,100,000) (5,239,593) 4,860,407 3,591,685 3,591,685 3,591,685 3,591,685 3,591,685 3,591,685 (6,008,315) (6,508,315) (1,647,908) 7,439,860 7,439,860 6,906,381 OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending $ 1,431,545 218 $ 931,545 $ 5,258,473 4,860,407 (533,479) $ 4,326,928 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Long Term Project Reserve Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes $ $ $ Charges for services 131 $ 1,037,988 Interest income Miscellaneous Total revenues 131 1,037,988 60,000 60,000 3,250 (56,750) 1,000,000 1,060,000 1,000,000 1,060,000 1,041,369 (1,000,000) (18,631) 1,803,000 1,803,000 3,000 3,000 2,500 2,500 500 500 (743,000) 1,057,000 1,038,869 (18,131) 1,668,264 1,668,264 1,477,897 (190,367) 1,668,264 (2,200,000) (531,736) (23,689) 1,454,208 2,176,311 1,985,944 925,264 525,264 2,493,077 1,967,813 EXPENDITURES Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning Fund balance – ending 6,790,360 $ 7,715,624 219 6,790,360 $ 7,315,624 7,509,358 $ 10,002,435 718,998 $ 2,686,811 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Transportation Capital Projects Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2010 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for services 1,500,000 $ 1,500,000 $ $ 4,538,647 26,095,834 17,548,963 (8,546,871) 27,595,834 27,595,834 1,035 23,588,645 1,035 (4,007,189) 85,728,037 85,728,037 85,728,037 85,728,037 55,782,124 55,782,124 29,945,913 29,945,913 (58,132,203) (58,132,203) (32,193,479) 25,938,724 35,544,286 35,544,286 35,544,286 35,544,286 35,544,286 35,544,286 (22,587,917) (22,587,917) 3,350,807 Miscellaneous Total revenues 6,038,647 26,095,834 EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending 52,450,583 $ 29,862,666 220 52,450,583 $ 29,862,666 25,938,724 49,663,283 $ 53,014,090 (2,787,300) $ 23,151,424 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects For the Fiscal Year Ended June 30, 2010 Budgeted Amounts Original Actual Amounts Final Variance with Final Budget GENERAL GOVERNMENT County Improvement Central Court Building $ Court Tower $ 47,000,000 66,088,797 Criminal Court Tower Total County Improvement 900,000 632,638 $ 48,269,919 388,013 $ 244,625 48,269,919 $ 113,988,797 $ 48,902,557 $ 48,657,932 $ 244,625 $ 767,075 $ 470,704 $ 386,906 $ 83,798 $ 165,000 635,704 $ 386,906 $ 165,000 248,798 $ 100,000 $ $ 100,000 Intergovernmental Capital Projects Cave Creek Transfer Station Visitor Centers and Amphitheaters 90,000 White Tank Nature Center Total Intergovernmental Capital Projects $ 857,075 General Fund County Improvements First Ave Jail Demo Plaza Dsgn $ Grace Court I Purchase 250,000 Court Tower 250,000 64,818,878 44,856,968 19,961,910 Lb Cent Plant Chilled Water 1,177,321 176,499 176,499 Maricopa Regional Trail System 2,485,392 2,485,392 376,085 2,109,307 76,862 Parks System Master Plan 43,428 Sheriff Crime Lab Relocation 100,000 23,138 Santa Fe Depot Remodel 150,000 141,205 8,795 68,931 39,071 29,860 Saguaro Lake Aid Station 100,000 Sheriff Headquarters 500,000 Security Building 2,632,401 2,632,401 Visitor Centers and Amphitheaters 184,368 Vulture Mountain 100,000 100,000 6,722,910 $ 3,888,794 75,270,895 $ 3,250,000 W Court 2 3 4 Floor Model Total General Fund County Improvements $ 500,000 5,010 2,627,391 $ 1,783,107 47,401,083 $ 2,105,687 27,869,812 $ 230,842 $ 3,019,158 100,000 CRIMINAL JUSTICE FACILITES Estrella Chilled Water Conv $ 4th Ave Solar Water Htr System 1,064,900 55,252 1,009,648 LBJ Solar Water Heating System 1,237,900 67,081 1,170,819 Towers Chilled Water Conv Total Criminal Justice Facilities $ $ 221 2,600,000 8,152,800 $ 872,064 1,225,239 $ 1,727,936 6,927,561 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2010 Budgeted Amounts Final Original Actual Amounts Variance with Final Budget CULTURE AND RECREATION Library Building White Tank Library District Tech Phase II Total Culture and Recreation $ 9,600,000 $ 9,600,000 500,000 $ 5,280,158 125,670 $ 4,319,842 374,330 $ 9,600,000 $ 10,100,000 $ 5,405,828 $ 4,694,172 $ 560,000 1,480,000 162,000 345,000 105,000 315,000 2,524,000 5,640,000 5,825,000 1,565,000 5,325,000 25,000 10,000 $ 1,200,000 842,000 408,000 412,000 5,000 105,000 5,362,000 5,989,000 4,587,000 874,000 3,590,000 44,000 5,000 500,000 6,172,000 10,000 1,442,000 5,000 1,269,000 23,000 5,199,000 748,000 260,000 1,346,000 10,000 72,000 495,000 3,340,000 346,000 1,945,000 12,130,000 1,173,000 92,000 $ 903,578 353,948 281,693 67,543 65 37,183 4,388,493 5,276,077 4,002,603 212,261 1,530,356 36,170 345 $ 296,422 488,052 126,307 344,457 4,935 67,817 973,507 712,923 584,397 661,739 2,059,644 7,830 4,655 500,000 3,196,222 8,421 373,858 4,940 339,963 23,000 3,404,215 84,219 106,546 1,245,156 5,648 4,506 179,772 206,175 121,429 118,991 2,466,757 164,464 33,975 $ 18,920,942 $ 3,000 203,459 15,750 355,914 1,184,177 88,097 37,790 PUBLIC SAFETY Ariz Canal Diversion Channel Buckeye #1 Buckeye/Sun Valley ADMP Cave Buttes Dam City Of Chandler City Of Scottsdale Durango ADMP East Maricopa Floodway East Mesa ADMP Floodprone Prop Acquisition Glendale/Peoria ADMP Hassayampa River Higley ADMP Maint Road Paving Project Maryvale ADMP Mcmicken Dam Metro ADMP Phoenix Dam Safety Program Powerline Frs Project Reserves (Flood) Queen Creek ADMP S Phoenix Drainage Improvement Saddleback Flood Remed Struct Salt/Gila River Scatter Wash Channel Skunk Creek/New River Sossaman Channel Spook Hill ADMP Spook Hill Frs Town Of Queen Creek White Tanks ADMP White Tanks Dam #4 Wickenburg Adms Total Public Safety 2,518,000 10,000 2,297,000 5,000 1,340,000 2,870,000 4,323,000 635,000 55,000 5,000 560,000 30,000 2,693,000 100,000 40,000 17,540,000 1,088,000 10,000 2,975,778 1,579 1,068,142 60 929,037 1,794,785 663,781 153,454 100,844 4,352 67,494 315,228 3,133,825 224,571 1,826,009 9,663,243 1,008,536 58,025 $ 60,000,000 $ 60,000,000 $ $ 3,000 $ 3,000 950,000 35,000 405,000 1,900,000 210,000 160,000 $ 41,079,058 HIGHWAYS AND STREETS 115th Ave Bridge At Gila River 51st Ave Santa Cruz Gric Bdry 56th Street And Dynamite Blvd 67th Ave Southern And Broadway 7 st Carefree Hwy Desert Hills 99th Ave Olive To Bell Its Alma Sch Mclellan Mckellips 405,000 150,000 10,000 10,000 222 746,541 19,250 49,086 715,823 121,903 122,210 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2010 Budgeted Amounts Final Original Actual Amounts Variance with Final Budget HIGHWAYS AND STREETS (CONT.) Asphalt Rubber Overlay Arra Asphalt Rubber Overlay Plan B Bell Rd Sr303 To 75th Its Bell Rd Sr303L Grand Av Its Benchmarking Study Bridge Preservation Broadway Road At 67th Avenue Brown Road At Crimson Road Buckeye Rd Wintersburg 339th Buckeye Rd Wintersburg 35th Av Buckeye Row Improv S I 10 Bush Hwy Asphalt Rubber Ovrly Bush Hwy Usery - Stewart Mtn Candidate Assessment Reports Carefree Hwy At 24th St Cotton Ln Bridge At Gila River County Arterials Deer Valley El Mirage To Lk P Dobson Rd Bridge At Salt River Dust Mitigation Dynamite Rd: Tatum Rd-56th St Dysart Indian Sch To Glendale East Valley Sig Mod 6 El Mirage Beardsley Lp 303 El Mirage Bell Beardsley El Mirage Northern Bell El Mirage Northern To Olive El Mirage Picerne To Bell Elliot Rd And Sossaman Rd Ellsworth Rd Hunt Hwy Riggs Facilities Projects Fig Springs New Rvr Tnf Forest Rd Mcdowell - Rio Verde Ft Mcdowell Drainage Scoping Galivan Pk Cloud To Joy Rnch General Civil Engineering Gilbert Rd Lwc Flood Repair Gilbert Road Bridge Gompers Circle Paving Happy Vly Rd At Agua Fria Gcs Iga With Phoenix For Pm10 Dsgn Indian Sch Litchfield Dysart Indian School At Beardsley Cnl Indn Schl Rd At El Mirage Rd Intelligent Trans Syst Its Low Volume Road Prog Ne Valley Low Volume Road Prog Nw Valley Low Volume Road Prog Se Valley Low Volume Road Prog Sw Valley Low Volume Roads Program Low Volume Roads Program Ph 3 Lower Buckeye Rd Salome 339th Lp 303 Indian Sch Clearview Lwr Buckeye Salome Hwy 339th Mag Alcp Projects $ $ 10,000 6,750,000 1,185,000 200,000 435,000 35,000 280,000 500 460,000 60,000 405,000 110,000 405,000 1,420,000 1,400,000 1,420,000 1,900,000 50,000 30,000 530,000 1,000,000 1,550,000 205,000 50,000 225,000 1,255,000 245,000 8,125,000 730,000 200,000 60,000 35,000 280,000 1,530,000 2,050,000 555,000 455,000 245,000 13,125,000 630,000 3,855,000 45,000 560,000 700,000 10,000 10,000 10,000 10,000 1,030,000 75,000 2,855,000 2,250,000 95,000 75,000 210,000 1,310,000 350,000 50,000 1,410,000 850,000 160,000 3,000,000 10,000 60,000 5,000 230,000 1,290,000 750,000 610,000 750,000 600,000 610,000 90,000 255,000 1,030,000 1,030,000 223 $ 1,525,442 1,182,919 1,351 444,297 244 274,202 6,875 56,056 400,000 1,654 567,368 1,653,681 33,004 29,258 371,472 1,053,793 162,429 897,434 37,879 6,820,817 680,960 2,236 16,797 43,773 2,075,977 1,569,033 5,457 57,721 21,068 105,847 926,012 3,517 300,466 975 34,677 486,892 119,629 80 666,511 120,268 120,918 135,201 57,117 572,688 45,929 135,316 4,675 $ 5,224,558 2,081 198,649 (9,297) 35,000 280,000 256 185,798 (6,875) 53,944 5,000 (1,654) 852,632 246,319 16,996 742 530,000 628,528 496,207 205,000 50,000 62,571 357,566 207,121 1,304,183 49,040 (2,236) (16,797) 31,227 779,023 680,967 (5,457) 37,279 53,932 104,153 383,988 (3,517) 49,534 49,025 1,375,323 363,108 40,371 (80) 230,000 623,489 629,732 489,082 614,799 542,883 37,312 44,071 119,684 (4,675) 1,030,000 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2010 Budgeted Amounts Final Original Actual Amounts Variance with Final Budget HIGHWAYS AND STREETS (CONT.) Mc 85 107th Ave 91st Ave Mc 85 91st Ave 75th Ave Mc 85 Cotton Ln Estrella Pkwy Mc 85 Ext Sr 85 To Turner Rd Mc85 83Rd Ave Intrsctn Improv Mcdot Tmc Relocation Mcdot Tmc Upgrade Mcdowell Rd E Perryville Rd Mcdowell Road At 91st Avenue Meeker Blvd And Wilson Way Meridian Rd Miller Rd Bridge At Bid Canal Miller Rd I10 To 1 Mi N I10 Ne Maintenance Yard New R I17 Frontage Des Hills New River Rd S Curvs W Fig Spr New River Road Improvement Northern Ave Sr 303 To Grand Ocotillo Rd Brg Ovr Qn Crk Wsh Old Us 80 Bridge At Gila River Olive At Reems Olive Ave And Reems Rd Olive Ave Ltchfld To Lp101 Its Olive Avenue And Cotton Lane Overlay Ft Mcdowell Area Partnership Support Pavement Preservation Peoria And Olive Signal Upgrd Peoria New Bridge Repairs Pm10 Ph4 In Se Valley Power Rd Guadalupe Bseline Power Rd Pecos And Uprr Xing Power Rd Pecos To Santan Fwy Project Reserves Account Prop Mgmt Prior Years Projects Riggs Ellsworth To Meridian Riggs Rd At Sonoqui Wash Riggs Rd Gilbert To Val Vista Riggs Road At Power Road Riggs Road At Sossaman Road Right-Of-Way Rio Verde Dr Forest To 136th Row In Fill Road Inventory Sys Safety Projects Salt R Crossing El Mirage Rd Salt R Crossing Mckellips Rd Salt River Crossing At 67th Av Salt River Crossing At 91st Av Signal Modernization Scw 3 Signal Modernization Scw 4 Signal Modernization Scw 5 Small Cities Assist Prog Southern At Meridian $ 80,000 440,000 1,650,000 10,000 260,000 450,000 10,000 2,510,000 90,000 17,930,000 1,625,000 220,000 130,000 2,090,000 10,000 10,000 14,000,000 50,000 10,000 170,000 130,000 1,010,000 400,000 310,000 $ 130,000 440,000 3,650,000 350,000 260,000 100,000 335,000 950,000 135,000 100,000 210,000 100,000 290,000 650,000 2,930,000 75,000 1,105,000 75,000 220,000 75,000 750,000 322,000 76,436 125,000 50,000 1,000 425,000 510,000 40,000 100,000 50,000 10,000 170,000 953,564 500 500 130,000 1,260,000 150,000 310,000 914,500 239,500 1,089,500 489,500 250,000 250,000 135,000 224 $ 34,840 17,288 2,864,919 (1,178) 7,716 174,709 2,514 253,707 13,439 980,390 71,311 19,367 339,588 46,572 301,677 608,603 3,774,811 33,259 754,129 316,058 22,906 2,015 51,763 9,501 18,768 20,021 50 360,105 242,365 6,895 20,000 27,021 5,985 219,914 954,102 351 16 1,094,293 88,413 3,900 7,909 5,640 6,347 1,005,793 235,143 43 126 192,196 $ 95,160 422,712 785,081 1,178 (7,716) 350,000 85,291 97,486 81,293 (13,439) (30,390) 63,689 80,633 (129,588) 53,428 (11,677) 41,397 (844,811) 41,741 350,871 (316,058) 52,094 217,985 23,237 740,499 322,000 76,436 106,232 29,979 950 64,895 267,635 33,105 80,000 22,979 4,015 (49,914) (538) 149 484 130,000 165,707 61,587 310,000 (3,900) (7,909) (5,640) (6,347) 83,707 254,357 (43) 249,874 (57,196) Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2010 Budgeted Amounts Final Original Actual Amounts Variance with Final Budget HIGHWAYS AND STREETS (CONT.) Special Projects Stardust Blvd And 135th Ave Sun City Mill Overlay Ph 2 Sun City Mill Overlay Ph 3 Sun City Mill Overlay Ph 4 Sun City Sig Upgrade Bell Ro Sun City Signl Upgr Rh Johnson Sun City West Mill And Overlay Sun Valley Pkway Pvmmnt Rep Tip Development Traffic Improvements Traffic Signal 21 Traffic Signal 22 Traffic Signal Improvement 10 Traffic Signal Improvement 11 Traffic Signal Improvement 13 Traffic Signal Improvement 14 Traffic Signal Improvement 15 Traffic Signal Improvement 16 Traffic Signal Improvement 17 Traffic Signal Improvement 18 Traffic Signal Improvement 19 Traffic Signal Improvement 20 Traffic Signal Improvement 8 Traffic Signal Upgrade - 5 Loc Transportation Planning Tuthill Rd Bridget At Gila R Unallocated Force Account Vls And Radio Upgrade Warranted Traffic Improvements Williams Fld Gilbert Lindsay $ Total Highways and Streets $ 260,000 $ 10,000 10,000 450,000 1,120,000 260,000 260,000 50,000 10,000 4,100,000 8,310,000 150,000 95,000 $ 10,000 650,000 590,000 260,000 931,000 135,000 1,037,000 1,112,000 75,000 400,000 467,500 655,000 317,500 605,000 60,000 230,000 85,728,037 225 $ 85,728,037 $ 29,945,913 228,635 63 66 192 104,598 126,417 38 872,952 56,617 104,144 326,224 558,226 240 3,431 60,000 230,000 50,000 10,537 640,000 150,000 5,000 810,537 640,000 750,000 5,000 260,000 31,700 4,211 147,787 973,591 (93,809) 15,587 (4,009) 10,000 204,778 590,000 31,365 (63) 434 (192) 826,402 8,583 (38) 239,048 18,383 295,856 141,276 96,774 (240) 56,569 230,000 26,168 10,537 365,094 150,000 (191,351) 445,222 500 781,000 10,000 $ 18,300 5,789 3,952,213 7,336,409 243,809 79,413 4,009 23,832 274,906 196,351 $ 55,782,124 226 Financial Section Combining and Individual Fund Statements Internal Service Funds Internal Service Funds Maricopa County Listing of Internal Service Funds Internal Service Funds are used to account for services and commodities provided by one department or agency to other departments or agencies of the County. These services are provided on a cost-reimbursement basis. The following is a listing of the Internal Service Funds reported within Maricopa County. Equipment Services - This fund provides assistance to other Maricopa County departments to ensure quality service to the citizens of Maricopa County by furnishing and maintaining the necessary County mobile equipment in an efficient manner. Telecommunications - This fund provides cost effective voice, data, and radio communications to County employees. Reprographics - This fund provides the County’s printing and duplicating services. Risk Management - This fund supports the comprehensive insurance/self-insurance program, which safeguards County assets and employees by means of a Trust Fund. Personnel skilled in loss control, claims and litigation and workers’ compensation work together to avert risk and conserve the human and financial resources of Maricopa County. Employee Benefits Trust - This fund collects employee and employer contributions for payment of the employees’ medical, dental, pharmacy, 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. 229 Maricopa County Combining Statement of Net Assets All Internal Service Funds June 30, 2010 Equipment Services Telecommunications Reprographics ASSETS Current assets: Cash in bank and on hand $ Cash and investments held by County Treasurer 900 $ 3,209,507 200 $ 4,484,570 204,042 Receivables: Accounts Accrued interest Inventories 2,545 3,758 419,557 88,776 3,632,509 4,577,304 204,042 1,742,276 (1,699,213) 8,820,921 (5,878,553) 731,992 (430,186) 43,063 2,942,368 301,806 3,675,572 7,519,672 505,848 Prepaids Total current assets Noncurrent assets: Capital assets: Machinery and equipment Less accumulated depreciation Total noncurrent assets Total assets LIABILITIES Current liabilities: Accounts payable 708,866 918,175 30,123 Employee compensation payable 232,809 278,236 59,704 941,675 1,196,411 89,827 941,675 1,196,411 89,827 43,063 2,690,834 2,733,897 2,942,368 3,380,893 6,323,261 301,806 114,215 416,021 Accrued liabilities Due to other funds Liability for reported and incurred but not reported claims (current portion) Total current liabilities Noncurrent liabilities: Liability for reported and incurred but not reported claims Total noncurrent liabilities Total liabilities NET ASSETS Invested in capital assets Unrestricted (deficit) Total net assets (deficit) $ 230 $ $ Employee Risk Management $ 100 Benefits Trust $ 61,882,157 79,829 380,070 Sheriff Warehouse $ Total $ 381,270 56,888,974 126,669,250 1,299,254 1,299,254 81,358 1,155,285 110,532 63,117,371 58,760,188 167,490 1,559,324 2,067,657 1,265,817 1,559,324 131,850,738 108,666 (91,368) 63,407 (59,395) 11,467,262 (8,158,715) 17,298 4,012 3,308,547 63,134,669 58,764,200 1,559,324 135,159,285 1,301,868 677,503 214,549 3,851,084 174,370 2,263,426 3,008,545 3,242,212 38,110,343 8,505,030 39,586,581 14,688,171 7,088 3,249,300 825,491 825,491 46,615,373 1,047,128 57,549,793 52,305,285 52,305,285 52,305,285 52,305,285 91,891,866 17,298 (28,774,495) $ (28,757,197) $ 14,688,171 1,047,128 109,855,078 4,012 44,072,017 44,076,029 512,196 512,196 3,308,547 21,995,660 25,304,207 $ $ 231 Maricopa County Combining Statement of Revenues, Expenses, and Changes in Net Assets All Internal Service Funds For the Fiscal Year Ended June 30, 2010 Equipment Services Telecommunications Reprographics OPERATING REVENUES Charges for services $ Miscellaneous 15,170,932 6,819 $ 16,436,753 8,514 $ 698,100 15,177,751 16,445,267 698,100 Personal services 3,246,007 4,224,788 613,187 Supplies 9,802,444 1,301,798 209,657 762,931 1,701,301 31,436 Total operating revenues OPERATING EXPENSES Other services Legal 10,206 Insurance and claims 41,950 Leases and rentals 2,160 9,999 3,410 Repairs and maintenance 419,307 5,257,222 Travel and transportation 4,405 70,553 70,541 40,430 7,826,979 765,194 14,408,220 21,151,245 941,903 (4,705,978) (243,803) Utilities Depreciation Total operating expenses Operating income (loss) 769,531 13,411 72,052 NONOPERATING REVENUES (EXPENSES) Investment income 27,817 82,435 27,817 82,435 (54,799) 797,348 (4,623,543) (298,602) (32,698) (42,693) Change in net assets 764,650 (4,666,236) (298,602) Total net assets (deficit) – beginning 1,969,247 10,989,497 714,623 (54,799) Loss on disposal of capital assets Total nonoperating revenues (expenses) Income (loss) before transfers Transfers out Total net assets (deficit) – ending $ 2,733,897 232 $ 6,323,261 $ 416,021 Employee Risk Management $ 28,772,379 13,120 Benefits Trust $ 113,114,496 97,894 28,785,499 113,212,390 1,800,164 1,503,613 83,455 1,047,538 Sheriff Warehouse $ 2,515,745 Total $ 176,708,405 126,347 2,515,745 176,834,752 91,099 2,480,585 13,969,038 12,148,864 36,797 15,728,867 11,387,759 4,900,396 4,910,602 43,598,368 101,098,908 18,071 5,187 144,741,386 36,667 2,084 3,523 5,695,547 4,995 4,689 84,642 2,163 2,270 7,897,520 882,109 51,457,234 114,858,153 2,517,382 205,334,137 (22,671,735) (1,645,763) (1,637) (28,499,385) 768,717 779,857 1,658,826 (54,799) 768,717 779,857 1,604,027 (21,903,018) (865,906) (1,637) (26,895,358) (75,391) $ (21,903,018) (865,906) (1,637) (26,970,749) (6,854,179) 44,941,935 513,833 52,274,956 (28,757,197) $ 44,076,029 $ 512,196 233 $ 25,304,207 Maricopa County Combining Statement of Cash Flows All Internal Service Funds For the Fiscal Year Ended June 30, 2010 Equipment Services CASH FLOWS FROM OPERATING ACTIVITIES Charges for services Other receipts Payments for goods and services Payments for personal services Net cash provided by (used for) operating activities $ 15,170,932 Telecommunications $ 6,819 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Loan from General Fund Net cash provided by (used for) noncapital financing activities 16,436,753 Reprographics $ 698,100 8,514 (10,953,694) (3,200,034) (16,142,225) (4,169,972) (255,402) (635,503) 1,024,023 (3,866,930) (192,805) (32,698) (3,995) (32,698) (3,995) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition of capital assets Net cash used for capital and related financing activities (5,276) (698,547) (32,376) (5,276) (698,547) (32,376) CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends Net cash provided by investing activities 27,593 93,296 27,593 93,296 Net increase (decrease) in cash and cash equivalents Cash and cash equivalents, July 1, 2009 Cash and cash equivalents, June 30, 2010 RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED BY (USED FOR) BY OPERATING ACTIVITIES: Operating income (loss) Adjustments to reconcile operating income (loss) to net cash provided by (used for) operating activities Depreciation expense Liability for reported and incurred but not reported claims Changes in assets [(increase)/decrease] and liabilities [increase/(decrease)]: Accounts receivable Inventories Prepaids Accounts payable Employee compensation payable Accrued liabilities SCHEDULE OF NONCASH INVESTING, CAPITAL AND NONCAPITAL FINANCING ACTIVITIES: Accumulated depreciation from disposed capital assets Machinery and equipment disposed Loss on disposal of capital assets Capital assets transferred from governmental activities Capital assets transferred to governmental activities Transfer out capital assets to governmental activities Accumulated depreciation transferred from governmental activities (4,476,176) (225,181) 2,196,765 8,960,946 429,223 $ 3,210,407 $ 4,484,770 $ 204,042 $ 769,531 $ (4,705,978) $ (243,803) 40,430 $ Net cash provided by (used for) operating activities 1,013,642 $ 765,194 72,052 (54,733) (3,264) 222,822 22,302 1,262 45,973 54,816 (22,316) 1,024,023 $ 53,990 $ (3,866,930) 11,835 (53,990) (11,835) 61,266 22,628 $ $ (192,805) 78,329 (133,128) 54,799 (38,698) 38,698 (61,266) 234 (22,628) Employee Benefits Trust Risk Management $ 28,772,379 $ 13,120 113,055,361 Sheriff Warehouse $ 2,515,745 Total $ 97,894 (21,473,222) (1,758,325) 5,553,952 176,649,270 126,347 (117,175,078) 620,864 (2,537,274) (168,536,895) (9,142,970) (3,400,959) (21,529) (904,248) 21,529 (15,164) 21,529 (15,164) (736,199) (736,199) 803,436 820,512 1,744,837 803,436 820,512 1,744,837 6,357,388 (2,580,447) 55,524,869 59,849,491 $ 61,882,257 $ 57,269,044 $ (22,671,735) $ (1,645,763) 89,226 126,961,294 $ (1,637) $ 127,050,520 $ (28,499,385) 2,163 2,270 882,109 27,986,508 (2,992,671) 24,993,837 (59,135) (59,135) (235,863) 106,333 (2,378) 88,844 $ 5,553,952 103,955 188,012 41,839 $ (293,860) 208,883 2,124,477 (1,015,771) $ $ (3,400,959) 732,125 2,244,789 (1,008,683) 7,088 $ $ (21,529) $ $ (904,248) 144,154 (198,953) 54,799 83,894 (38,698) 38,698 (83,894) 235 236 Financial Section Agency Fund Agency Fund Maricopa County Listing of Agency Fund Agency Funds are used to account for assets held by the County in a fiduciary capacity or as an agent for individuals, private organizations, other governments and/or other funds. The County maintains an Agency Fund, which is not under the control of the Board of Supervisors. The Agency Fund is custodial in nature and does not involve measurement of results of operations. AGENCY FUND Special Purpose - The Special Purpose Fund accounts for receipts, which are designated for special purposes and are not related to an individual governmental unit. 239 Maricopa County Statement of Changes in Assets and Liabilities Agency Fund For the Fiscal Year Ended June 30, 2010 Balance Balance Additions July 1, 2009 Deductions June 30, 2010 SPECIAL PURPOSE Assets Cash in bank and on hand Total assets $ 37,673,530 $ 38,841,652 $ $ 76,515,182 $ 37,673,530 $ 38,841,652 $ $ 76,515,182 Liabilities Deposits held for other parties Total liabilities $ 37,673,530 $ 38,841,652 $ $ 76,515,182 $ 37,673,530 $ 38,841,652 $ $ 76,515,182 240 STATISTICAL SECTION Maricopa County Listing of Statistical Information Contents Page Financial Trends Information These schedules contain trend information to help the reader understand how the County’s financial performance and well-being have changed over time. 244 Net Assets by Component Changes in Net Assets Fund Balances, Governmental Funds Changes in Fund Balances, Governmental Funds Revenue Capacity 250 These schedules contain information to help the reader assess the County’s most significant local revenue source, the property tax. Tax Revenues by Source, Governmental Funds Assessed Value and Estimated Market Value of Taxable Property Direct and Overlapping Property Tax Rates Principal Property Tax Payers Property Tax Levies and Collections Debt Capacity 255 These schedules present information to help the reader assess the affordability of the County’s current levels of outstanding debt and the County’s ability to issue additional debt in the future. Ratios of Outstanding Debt by Type Legal Debt Margin Information Pledged Revenue Coverage Demographic and Economic Information 258 These schedules offer demographic and economic indicators to help the reader understand the environment within which the County’s financial activities take place. Demographic and Economic Statistics Principal Employers Operating Information 260 These schedules contain service and infrastructure data to help the reader understand how the information in the County’s financial report relates to the services the County provides and the activities it performs. Budgeted Full-Time Equivalent County Employees by Function/Program Operating Indicators by Function/Program Capital Asset Statistics by Function/Program 243 Maricopa County Net Assets by Component Last Nine Fiscal Years (accrual basis of accounting) Fiscal Year NET ASSETS Governmental activities Invested in capital assets, net of related debt 2001-02 2002-03 2003-04 2004-05 2005-06 $ 1,259,210,540 $ 1,529,060,770 $ 1,811,332,732 $ 2,345,910,917 Total governmental activities net assets 321,969,019 222,913,694 $ 1,804,093,253 234,284,414 441,241,848 $ 2,204,587,032 204,462,971 397,555,149 $ 2,413,350,852 260,495,040 456,714,660 $ 3,063,120,617 Business-type activities Invested in capital assets, net of related debt $ 81,077,781 $ 75,738,774 $ 72,392,695 $ 1,388,358 $ Total business-type activities net assets $ 53,752,904 (8,089,795) 126,740,890 $ 43,997,578 6,410,491 126,146,843 $ 16,320,660 19,709,472 108,422,827 $ 7,277 (26,237,718) (24,842,083) $ Primary government Invested in capital assets, net of related debt $ 1,340,288,321 $ 1,604,799,544 $ 1,883,725,427 $ 2,347,299,275 375,721,923 214,823,899 $ 1,930,834,143 278,281,992 447,652,339 $ 2,330,733,875 220,783,631 417,264,621 $ 2,521,773,679 260,502,317 430,476,942 $ 3,038,278,534 Restricted Unrestricted Restricted Unrestricted Restricted Unrestricted Total primary government net assets $ 2,443,905,934 345,147,265 561,333,573 $ 3,350,386,772 1,253,947 7,556 (4,568,970) (3,307,467) $ 2,445,159,881 345,154,821 556,764,603 $ 3,347,079,305 Fiscal Year 2006-07 NET ASSETS Governmental activities Invested in capital assets, net of related debt Restricted $ 2,488,280,795 437,856,827 2007-08 $ 2,542,165,396 526,220,283 2008-09 $ 2,704,196,813 565,223,808 2009-10 $ 2,851,126,451 601,165,852 686,000,889 772,807,989 776,422,693 848,551,674 Total governmental activities net assets $ 3,612,138,511 $ 3,841,193,668 $ 4,045,843,314 4,300,843,977 Business-type activities Invested in capital assets, net of related debt $ 1,860,630 7,691 $ (1,618,365) $ 2,542,165,396 526,220,283 $ 2,704,196,813 565,223,808 $ 2,851,126,451 601,165,852 Unrestricted Restricted (3,486,686) Unrestricted Total business-type activities net assets Primary government Invested in capital assets, net of related debt Restricted Unrestricted Total primary government net assets $ 2,490,141,425 437,864,518 682,514,203 772,807,989 776,422,693 848,551,674 $ 3,610,520,146 $ 3,841,193,668 $ 4,045,843,314 4,300,843,977 Prior to fiscal year 2001-02, the schedule of net assets by component is not available due to the initial year of GASB Statement No. 34 presentation. 244 Maricopa County Changes in Net Assets Last Nine Fiscal Years (accrual basis of accounting) 2001-02 Expenses Governmental activities: General government (1) Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Interest on long-term debt Total governmental activities expenses Business-type activities: Medical Center AHCCCS — Acute Health Care program AHCCCS— ALTCS program Non-AHCCCS health care programs (Senior Select) Solid Waste Management Other business-type activities Total business-type activities expenses Total primary government expenses 2002-03 2003-04 Fiscal Year 2005-06 2004-05 $ 133,357,097 490,943,644 52,464,778 304,220,867 25,453,164 16,675,171 11,557,524 $ 181,265,791 506,600,904 51,016,886 335,607,743 27,488,028 17,386,261 11,446,165 $ 185,518,463 581,443,588 44,392,614 332,380,442 27,963,450 19,170,903 8,249,310 $ 176,430,887 685,762,001 63,014,453 439,784,002 33,068,497 18,397,229 7,827,876 $ 185,628,267 782,136,857 70,418,156 433,776,254 32,596,971 20,220,846 7,763,995 1,034,672,245 1,130,811,778 1,199,118,770 1,424,284,945 1,532,541,346 340,556,596 93,168,287 241,654,207 366,425,283 109,142,148 232,991,015 371,991,804 167,346,474 273,164,762 168,986,980 132,314,013 252,178,102 40,048,082 56,657,239 66,767,140 75,004,905 82,737,548 639,546 742,785,776 1,615,848 785,179,199 1,336,866 896,577,454 29,911,332 583,390,427 99,105,695 $ 1,777,458,021 $ 1,915,990,977 $ 2,095,696,224 $ 2,007,675,372 $ $ $ 2006-07 $ 211,473,080 $ 182,868,340 864,907,381 965,934,762 132,992,498 143,367,655 464,255,008 383,885,390 36,196,645 38,751,304 15,687,335 14,687,029 6,254,330 10,347,354 26,357,344 71,880,262 1,563,228 24,243,241 8,461,408 2,714,129 304,923,484 44,322,271 484,465,367 26,589,393 78,288,469 1,769,524 26,745,928 8,546,372 4,146,571 294,296,698 18,917,753 459,300,708 334,310,122 115,846,532 240,083,167 380,554,715 138,274,739 234,370,191 70,518,591 59,656,677 106,470 230,389 37,213,997 84,213,640 6,550,179 28,100,481 8,954,896 2,383,943 382,416,458 39,017,299 588,850,893 158,640,394 117,680,705 220,784,342 21,213,776 245 2008-09 2009-10 $ 174,659,283 984,626,109 90,253,798 403,757,839 42,912,993 8,298,531 8,707,887 $ 235,215,523 888,875,706 83,230,341 331,333,847 37,933,317 8,234,785 6,123,987 1,739,841,834 1,713,216,440 1,590,947,506 $ 1,631,647,041 $ 1,732,692,103 $ 1,739,841,834 $ 1,713,216,440 $ 1,590,947,506 $ $ $ $ 1,731,766,277 2,400,374 Program Revenues Governmental activities: Charges for services: General government $ 24,457,239 Public safety 81,687,973 Highways and streets 1,451,293 Health, welfare and sanitation 22,917,356 Culture and recreation 8,358,894 Education 3,057,546 Operating grants and contributions 281,170,304 2,712,908 Capital grants and contributions 425,813,513 Total governmental activities program revenues Business-type activities: Charges for services: Medical Center 291,946,393 AHCCCS — Acute Health Care program 100,104,747 AHCCCS— ALTCS program 252,343,614 Non-AHCCCS health care programs (Senior Select) 64,169,238 Solid Waste Management Other business-type activities 44,860 2007-08 45,332,986 102,807,289 12,380,453 33,726,958 9,378,993 82,561 393,375,512 42,537,895 639,622,647 334,354 591,472 925,826 34,852,251 $ 30,942,935 95,402,079 160,282,028 12,756,421 19,009,650 36,933,502 48,326,397 4,213,017 14,216,206 818,977 687,074 443,607,678 263,428,112 47,256,549 68,386,096 675,840,474 605,278,498 29,801,116 53,842,048 908,814 969,493 360,864 667,376 28,672,080 161,019,287 29,894,868 54,265,926 13,111,055 837,422 229,027,912 124,182,030 641,010,580 26,983,394 154,380,972 26,534,563 46,903,563 13,230,460 918,352 255,625,422 95,268,969 619,845,695 Maricopa County Changes in Net Assets (Continued) 2001-02 Operating grants and contributions 6,272,958 Capital grants and contributions 714,881,810 Total business-type program revenues Total primary government program revenues $ 1,140,695,323 Net (Expense)/Revenue Governmental activities $ (608,858,732) (27,903,966) Business-type activities Total primary government net expense $ (636,762,698) General Revenues and other Changes in Net Assets Governmental activities: Taxes Property taxes, levied for general purposes $ 269,753,187 Property taxes, levied for Flood Control District 44,775,297 Property taxes, levied for Library District 9,690,800 Property taxes, levied for debt service 20,250,715 Share of state sales taxes 325,728,202 Sales tax – Jail construction and operation 98,177,716 Surcharge tax – Stadium District 5,407,664 Share of state vehicle license tax 106,115,829 Grants and contributions not restricted to specific programs Unrestricted investment earnings Gain on disposal of capital assets (1) Miscellaneous Transfers Total governmental activities Business-type activities: Unrestricted investment earnings Gain (loss) on disposal of capital assets Miscellaneous Special item – loss on closure of bus.activity Transfers Total business-type activities 8,700,138 29,404,833 10,627,773 (25,752,045) 902,880,109 6,359,401 (103,280) 1,972,145 2002-03 Fiscal Year 2005-06 2003-04 2004-05 767,824,314 $ 1,252,289,681 6,681,898 9,833 819,778,442 $ 1,279,079,150 2,501,372 19,944 520,840,533 $ 1,109,691,426 84,004,028 $ 723,626,675 2,545,683 $ 678,386,157 $ 605,278,498 $ (646,346,411) (17,354,885) $ (739,818,062) (76,799,012) $ (835,434,052) (62,549,894) $ (892,918,699) (15,101,667) $(1,055,925,803) $(1,134,563,336) 1,619,857 $ (663,701,296) $ (816,617,074) $ (897,983,946) $ (908,020,366) $ (1,054,305,946) $ 295,627,499 $ 328,580,647 $ 357,712,304 $ 388,190,146 44,302,535 10,369,080 19,708,786 330,260,143 98,932,138 5,240,032 110,603,659 50,702,924 14,414,827 19,267,865 358,056,954 107,441,209 5,556,717 116,054,332 56,093,885 15,796,618 1,725,495 16,507,950 13,346,055 3,061,600 (16,531,668) 933,153,304 1,775,295 8,626,732 21,601,858 3,915,244 (58,278,148) 977,716,456 2,594,524 6,959,432 2006-07 2007-08 2008-09 2009-10 $ 641,010,580 $ 619,845,695 $(1,072,205,860) $ (971,101,811) $(1,134,563,336) $(1,072,205,860) $ (971,101,811) $ 413,294,370 $ 449,499,249 $ 482,697,371 $ 519,651,976 61,763,471 17,366,792 65,513,238 18,390,885 69,462,089 19,473,450 73,506,944 20,504,964 72,753,878 20,482,122 397,712,843 119,143,064 6,024,355 122,637,827 457,785,985 137,876,660 6,498,814 138,003,052 480,411,950 145,389,597 6,288,093 143,543,618 460,958,772 138,063,948 6,132,465 139,312,595 394,920,581 116,878,703 5,304,565 126,036,362 366,285,237 107,094,680 4,668,705 116,405,328 1,813,162 20,995,575 1,858,155 29,479,569 1,844,364 55,405,747 1,814,394 72,729,140 4,097,990 36,013,917 2,652,085 21,884,398 4,262,227 (37,047,610) 1,065,144,250 13,558,451 (43,435,540) 1,208,945,555 10,346,066 6,098,668 1,346,526,596 11,474,763 12,247,649 11,756,381 1,368,920,865 1,272,209,046 1,243,634,790 796,848 1,002,779 447,790 6,883 12,914 684,104 169,932 43,435,540 43,903,127 (6,098,668) (5,244,632) 25,752,045 33,980,311 16,531,668 19,126,192 58,278,148 59,074,996 (108,765,405) 37,047,610 (70,715,016) Total primary government $ 936,860,420 $ 952,279,496 $ 1,036,791,452 $ 994,429,234 $ 1,252,848,682 $ 1,341,281,964 $1,368,920,865 Change in Net Assets Government activities Business-type activities Total primary government $ 294,021,377 6,076,345 $ 300,097,722 $ 286,806,893 1,771,307 $ 288,578,200 $ 237,898,394 (17,724,016) $ 220,174,378 $ 229,710,198 (133,264,910) $ 96,445,288 $ 316,026,856 28,801,460 $ 344,828,316 $ 290,600,793 (3,624,775) $ 286,976,018 $ 234,357,529 $ 200,003,186 $ 272,532,979 $ 234,357,529 $ 200,003,186 $ 272,532,979 $1,272,209,046 $ 1,243,634,790 Prior to fiscal year 2001-02, the changes in net assets are not available due to the initial year of GASB Statement No. 34 presentation. (1) Beginning fiscal year 2007, general government expenses include loss on disposal of capital assets. This amount was previously shown separately within general revenues on the Statement of Activities. For comparison purposes, for fiscal years 2002, 2005 and 2006, loss on disposal of capital assets was reclassified on this schedule into general government 246 Maricopa County Fund Balances, Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Year 2001-02 2000-01 2002-03 2003-04 2004-05 General Fund Reserved Unreserved Total general fund $ 4,416,236 156,786,153 $ 161,202,389 $ 5,083,202 249,039,062 $ 254,122,264 $ 3,834,312 288,822,823 $ 292,657,135 $ 2,400,780 315,905,112 $ 318,305,892 $ $ 3,281,552 427,995,902 431,277,454 $ $ $ $ $ 23,602,714 $ All Other Governmental Funds Reserved 1,194,925 23,515,381 24,618,711 22,498,657 Unreserved, reported in: Special revenue funds 119,080,975 153,208,886 156,611,561 187,646,410 192,187,526 Capital projects funds 242,663,698 123,383,762 $ 486,323,360 145,345,468 97,344,273 $ 419,414,008 120,430,525 81,674,429 $ 383,335,226 108,561,138 74,332,552 $ 393,038,757 129,612,546 36,643,487 382,046,273 2005-06 2006-07 Debt service funds Total all other governmental funds Fiscal Year 2007-08 2008-09 2009-10 General Fund Reserved $ $ $ 25,557,789 539,621,335 565,179,124 $ 22,460,845 Special revenue funds Capital projects funds $ Unreserved Total general fund $ $ 26,503,298 444,964,280 471,467,578 $ 20,929,952 410,035,269 $ 430,965,221 $ $ 21,465,733 512,125,107 533,590,840 $ 23,388,690 259,363,049 115,785,803 18,808,809 416,418,506 $ 20,513,964 489,009,836 $ 509,523,800 $ 24,144,860 $ 22,105,351 $ 306,244,082 339,553,123 366,227,240 408,964,191 447,826,380 18,495,336 795,954,488 $ 490,257,680 15,265,958 869,221,621 $ 598,462,118 7,007,229 993,801,938 578,091,264 1,696,337 $1,008,220,521 All Other Governmental Funds Reserved 19,468,729 Unreserved, reported in: Debt service funds Total all other governmental funds 247 Maricopa County Changes in Fund Balances, Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Year 2001-02 2000-01 2002-03 2003-04 Revenues Taxes $ Licenses and permits Intergovernmental 316,624,353 $ 343,037,203 $ 474,876,462 $ 524,751,335 23,688,768 26,106,311 28,192,974 31,629,382 803,712,695 831,668,101 745,697,718 778,964,259 Charges for services 65,836,359 68,770,386 66,499,607 71,682,924 Fines and forfeits 14,908,415 15,776,099 16,326,795 17,166,377 65,397,496 69,879,317 3,625,508 59,899,212 3,584,883 48,974,704 1,290,168,086 1,355,237,417 1,395,118,276 1,476,753,864 Special assessment Miscellaneous & Interest income Total revenues Expenditures General government 101,678,589 99,265,465 114,241,982 118,226,772 Public safety 459,487,297 481,843,123 493,435,114 563,716,985 Highway and streets Health, welfare and sanitation 59,803,451 55,240,772 44,226,114 41,549,321 295,158,694 311,510,932 331,752,530 331,028,006 Culture and recreation 16,312,843 17,651,564 19,388,797 19,587,482 Education 16,552,929 16,560,263 17,268,012 18,815,487 Principal 24,091,044 39,618,137 34,071,393 35,159,141 Interest 7,677,328 10,271,627 10,423,785 8,828,297 229,743,778 1,179,102 294,010,771 315,588,133 266,757 248,465,695 1,210,505,953 1,327,151,756 1,380,395,860 1,385,643,943 79,662,133 28,085,661 14,722,416 91,109,921 Debt service Other Capital outlay Total expenditures Excess of revenues over (under) expenditures Other financing sources (uses) Transfers in Transfers out Capital lease agreements Proceeds from bond issuance 321,948,526 243,650,675 386,029,678 295,868,643 (342,528,925) (269,402,720) (402,561,346) (358,012,976) 165,830 9,843,870 111,095,706 78,450,670 Premium on refunding bonds 6,333,484 15,598,262 3,541,257 Payment to escrow agent 457,156 (77,980,850) Loan Proceeds Total other financing sources (uses) Net change in fund balances 4,321,656 (11,897,098) 90,681,137 $ 170,343,270 (12,353,671) $ 16,188,563 (12,210,012) $ 2,512,404 (52,109,102) $ 39,000,819 Debt service as a percentage of non capital expenditures 3.2% 4.9% 248 4.2% 3.9% Fiscal Year 2004-05 $ 556,751,810 2005-06 $ 601,231,444 2006-07 $ 2007-08 640,375,614 $ 672,237,546 2008-09 $ 686,964,346 2009-10 $ 716,804,640 34,765,632 42,266,662 40,078,842 40,434,059 41,439,097 38,496,710 904,156,166 1,025,737,248 1,105,841,984 904,588,701 783,903,253 772,997,433 74,735,757 86,925,888 87,668,832 153,431,323 169,543,750 177,455,822 21,855,377 23,366,008 31,641,869 32,061,172 37,360,387 35,152,334 3,536,133 56,838,888 3,770,790 69,589,514 3,929,786 105,465,489 5,284,808 110,992,618 4,841,432 95,349,598 4,377,292 35,348,263 1,652,639,763 1,852,887,554 2,015,002,416 1,919,030,227 1,819,401,863 1,780,632,494 130,064,711 131,031,069 173,121,467 173,285,719 176,738,216 208,844,970 636,868,683 733,244,452 813,297,449 882,964,097 895,818,537 825,412,465 48,811,843 47,763,048 56,087,569 54,885,932 54,407,137 52,572,927 437,845,805 430,614,292 461,668,854 378,763,080 396,702,161 326,936,948 22,146,913 24,625,293 28,283,735 30,186,081 33,870,918 28,121,160 18,014,621 18,885,218 15,218,331 14,677,474 8,523,122 7,684,473 15,677,059 18,780,267 16,297,518 15,607,476 18,833,968 15,914,149 8,592,525 8,497,208 6,030,238 11,441,406 10,026,110 9,246,731 11,870 205,929,785 17,508 232,922,515 1,460,467 301,383,004 5,250 278,993,140 3,188 220,481,647 91,580 212,063,026 1,523,963,815 1,646,380,870 1,872,848,632 1,840,809,655 1,815,405,004 1,686,888,429 128,675,948 206,506,684 142,153,784 78,220,572 3,996,859 93,744,065 346,549,747 314,004,599 791,514,765 389,617,546 446,171,799 383,496,208 (395,058,179) (357,440,139) (785,416,097) (386,617,546) (446,171,799) (383,459,515) 29,953,944 20,121,941 8,384,655 9,395,689 25,720,244 12,000,000 3,000,000 140,940,000 (10,605,000) (34,414,011) 1,217,018 10,106,857 (41,644,851) 141,158,007 43,060,801 1,596,088 (28,123,777) $ 100,552,171 1.8% $ 164,861,833 1.9% $ 283,311,791 1.5% $ 121,281,373 1.7% 249 20,121,941 $ 24,118,800 1.8% 36,693 $ 93,780,756 1.7% Maricopa County Tax Revenues by Source, Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Year 2000-01 $ General State Vehicle Highway Baseball Property Taxes Sales Tax License Tax User Fuel Tax Stadium Tax 316,624,353 $ 322,429,593 $ 100,019,454 $ 78,243,269 $ 278,259 2001-02 343,037,203 325,728,202 106,115,829 78,285,210 128,498 2002-03 370,704,292 330,260,143 110,603,659 82,153,376 96,555 2003-04 411,753,409 358,056,954 123,937,327 86,598,735 84,018 2004-05 431,584,391 397,712,843 130,947,139 90,566,135 61 2005-06 456,855,970 457,785,985 147,366,085 96,972,512 5,294 2006-07 468,697,924 480,411,950 153,262,719 107,593,116 1,938 2007-08 528,041,133 460,958,772 148,862,871 102,751,593 1,160 2008-09 564,781,078 394,920,582 134,831,210 90,419,237 875 2009-10 605,041,255 386,285,237 124,579,510 84,950,511 131 91.1% 13.6% 24.6% 8.6% Change 2001-10 Rental Fiscal Year 2000-01 Street Car Surcharge $ 5,637,184 (100.0%) Jail Tax $ 97,752,375 Lighting Assessments $ 3,612,549 Total Revenues $ 924,597,036 2001-02 5,407,664 98,177,716 3,505,969 960,386,291 2002-03 5,240,032 98,932,138 3,471,253 1,001,461,448 2003-04 5,556,717 107,441,209 3,425,632 1,096,854,001 2004-05 6,024,355 119,143,064 3,430,588 1,179,408,576 2005-06 6,493,520 137,876,660 3,770,790 1,307,126,816 2006-07 6,286,155 145,389,597 3,929,786 1,365,573,185 2007-08 6,131,305 138,063,948 5,284,808 1,390,095,590 2008-09 5,303,690 116,878,703 4,841,432 1,311,976,805 2009-10 4,668,574 107,094,680 4,377,292 1,296,997,190 Change 2001-10 (17.2%) 9.6% 21.2% 40.3% The Vehicle License Tax for fiscal year 2000-01 and all subsequent years, have a combined amount from the General and Transportation Funds. The Baseball Stadium Tax ended in November 1997, but small amounts continue to be remitted on delinquent tax returns. The Jail Tax was approved by the voters in the General Election on November 3, 1998. 250 Maricopa County Assessed Value and Estimated Market Value of Taxable Property Last Ten Fiscal Years (in thousands of dollars) Property Values Fiscal Assessed Total Total Secured Total Assessed Year Direct and Unsecured Value as a Ended June 30, Secured Tax Rate Estimated Market Value Percentage of Total Estimated Market Value 2000-01 $ 19,813,298 $ 1,064,418 $ 20,877,716 1.5748 $ 160,906,987 13.0 2001-02 21,748,902 1,164,233 22,913,135 1.5448 180,653,046 12.7 2002-03 23,303,509 1,153,538 24,457,047 1.5448 194,235,322 12.6 2003-04 26,405,899 1,072,089 27,477,988 1.5448 226,293,568 12.1 2004-05 28,811,532 1,255,455 30,066,987 1.4748 245,835,672 12.2 2005-06 31,886,842 1,310,377 33,197,219 1.4611 273,817,028 12.1 2006-07 34,922,001 1,372,693 36,294,694 1.4348 301,474,323 12.0 2007-08 48,136,309 1,398,265 49,534,574 1.2970 431,682,163 11.5 2008-09 56,831,715 1,471,920 58,303,635 1.2047 516,677,465 11.3 2009-10 56,523,957 1,460,095 57,984,052 1.1629 516,184,657 11.2 Unsecured Total Secured and Unsecured assessed property values and estimated market values are determined each calendar year. The tax rates st are applicable beginning July 1 of the next fiscal year. The Board of Supervisors approves the tax rates on the third Monday of August. Source: Maricopa County Department of Finance – Property Tax Division. 251 Maricopa County Direct and Overlapping Property Tax Rates Last Ten Fiscal Years County Direct Rates General Obligation Flood County Fiscal Year County Operating Debt Service Control District Library District Total Direct 2000-01 1.1641 0.1152 0.2534 0.0421 1.5748 2001-02 1.1832 0.0876 0.2319 0.0421 1.5448 2002-03 1.2108 0.0800 0.2119 0.0421 1.5448 2003-04 1.2108 0.0700 0.2119 0.0521 1.5448 2004-05 1.2108 0.0000 0.2119 0.0521 1.4748 2005-06 1.1971 0.0000 0.2119 0.0521 1.4611 2006-07 1.1794 0.0000 0.2047 0.0507 1.4348 2007-08 1.1046 0.0000 0.1533 0.0391 1.2970 2008-09 1.0327 0.0000 0.1367 0.0353 1.2047 2009-10 0.9909 0.0000 0.1367 0.0353 1.1629 Overlapping Rates Central Arizona State Fiscal Year of Arizona Water Other Community Education Equalization Conservation District Special Districts College District School Districts Cities 2000-01 0.0000 0.5123 0.1300 0 - 3.3260 1.1194 .1186 - 9.4925 0 2001-02 0.0000 0.4974 0.1300 0 - 4.0000 1.1107 .1120 - 9.2148 0 - 2.0816 - 2.2390 2002-03 0.0000 0.4889 0.1300 0 - 5.1000 1.1127 .4684 - 13.6519 0 - 2.0415 2003-04 0.0000 0.4717 0.1200 0 - 3.6500 1.0785 .7731 - 11.8075 0 - 2.6733 2004-05 0.0000 0.4560 0.1200 0 - 3.8600(1) 1.0372 1.0947 - 14.3477 0 - 2.4060 2005-06 0.0000 0.4358 0.1200 0 - 3.8600 1.0315 (1) 1.0182- 14.3301(1) 0 - 2.4275 (1) 2006-07 0.0000 0.0000 0.1200 0 - 3.8600 1.0646 0.8765 - 14.7188 0 - 2.9666 2007-08 0.0000 0.0000 0.1200 0 - 3.8600 0.9760 0.9413 - 8.7577 0 - 2.6736 2008-09 0.0000 0.0000 0.1000 0 - 3.3000 0.9386 0.6874 - 12.7204 0 - 2.2993 2009-10 0.0000 0.3306 0.1000 0 - 3.3000 0.8844 0.7773 - 10.8439 0 - 2.5074 Source: Maricopa County Department of Finance – Property Tax Division. All tax rates are per $100 assessed valuation. (1) Data updated in fiscal year 2007. 252 Maricopa County Principal Property Tax Payers Current Year and Nine Years Ago 2009-10 2000-01 Percentage of Percentage of Total County Taxpayer Arizona Public Service Company Secondary Valuation Rank Total County Assessed Value Secondary Valuation Assessed Value 720,608,633 1 3.45% $ 1,087,402,081 1 1.88% 653,895,628 2 1.13 230,780,585 3 0.40 167,366,070 4 0.29 114,499,611 6 0.55 Southern California Edison Co 154,343,927 5 0.27 198,832,369 3 0.95 El Paso Electric Co 135,952,234 6 0.23 166,635,314 4 0.80 Gila River Power, LP 116,665,501 7 0.20 Mesquite Power LLC 105,238,560 8 0.18 Wal-Mart Stores Inc 92,460,164 9 0.16 38,516,778 17 0.18 95,096,315 7 0.46 Salt River Project Qwest Corporation Southwest Gas Corporation Public Service Company of New Mexico 86,220,216 10 0.15 Target Corporation 80,449,962 11 0.14 $ Rank Federal National Mortgage Association 74,688,609 12 0.13 New Harquahala Generating Co., LLC 72,006,394 13 0.12 Host Kierland, LLC Scottsdale Fashion Square Partnership 63,927,591 14 0.11 61,195,003 15 0.11 48,707,494 14 0.23 Safeway Inc 55,088,390 16 0.10 39,569,946 15 0.19 Southern Cal Public Pwr Auth (Palo Verde) 54,750,079 17 0.09 73,192,763 10 0.35 Verizon Wireless Intel Corporation 51,270,946 18 0.09 49,471,727 19 0.09 76,261,081 9 0.37 Metropolitan Life Insurance Company 47,910,762 20 0.08 Smiths Food & Drug Centers Inc, US West New Vector Group, Inc. 355,229,512 2 1.70 Motorola Computer Group, SPS, GEG A T & T/Wireless Service 159,368,511 5 0.76 Honeywell 86,706,755 8 0.42 61,013,080 11 0.29 Cox Communication 55,105,424 12 0.26 Los Angeles Dept. of Water and Power 51,267,894 13 0.25 MCI Telecommunications Corp. 38,770,824 16 0.19 ICG-Ore 34,415,114 18 0.16 Phoenician Hotel 33,306,818 19 0.16 Albertson's 32,478,531 20 0.16 Total Principal Taxpayers $ 3,441,084,429 Countywide Secondary Valuation $ 57,984,051,727 5.95% $ 2,479,582,767 $ 20,877,715,546 Source: Maricopa County Treasurer’s Office. 253 11.88% Maricopa County Property Tax Levies and Collections Last Ten Fiscal Years Collected within the Fiscal Year of the Levy Fiscal Year Levied Ended June 30, For the Fiscal Year 2000-01 Total Collections to Date County Tax $ Collections Amount Percentage of Levy 97.12% In Subsequent Years $ 6,096,350 Amount $ Percentage of Levy 302,546,405 $ 293,824,613 299,920,963 99.13% 2001-02 327,717,255 315,788,529 96.36 7,648,186 323,436,715 98.69 2002-03 352,679,730 341,135,608 96.73 7,819,676 348,955,284 98.94 2003-04 392,827,196 383,224,353 97.56 7,464,625 390,688,978 99.46 2004-05 411,881,140 402,111,242 97.63 4,945,200 407,056,442 98.83 2005-06 451,253,280 438,441,057 97.16 6,966,074 445,407,131 98.70 2006-07 484,223,277 469,107,028 96.88 10,205,472 479,312,500 98.99 2007-08 519,814,623 503,200,873 96.80 13,963,900 517,164,773 99.49 2008-09 558,747,827 535,412,874 95.82 18,526,038 553,938,912 99.14 2009-10 587,695,910 562,196,230 95.66 562,196,230 95.66 Note: Collections to date may exceed 100%, as the initial amount levied is not updated to reflect any adjustments or exemptions arising from taxpayer disputes. County Tax Levied for the Fiscal Year Fiscal Year Ended June 30, 2000-01 County Operating $ 225,396,514 Flood Control District Debt Service $ 24,051,128 $ 44,309,245 County Library $ 8,789,518 Total County $ 302,546,405 2001-02 252,676,223 20,071,906 45,322,696 9,646,430 327,717,255 2002-03 277,949,612 19,565,638 44,868,063 10,296,417 352,679,730 2003-04 308,122,580 19,234,591 51,153,993 14,316,032 392,827,196 2004-05 339,882,099 0 56,334,141 15,664,900 411,881,140 2005-06 0 62,733,411 17,295,751 451,253,280 2006-07 371,224,118 398,725,245 0 67,096,622 18,401,410 484,223,277 2007-08 430,023,735 0 70,422,870 19,368,018 519,814,623 2008-09 463,492,311 0 74,674,333 20,581,183 558,747,827 2009-10 492,230,736 0 74,996,804 20,468,370 587,695,910 Source: Maricopa County Department of Finance – Property Tax Division. 254 Maricopa County Ratios of Outstanding Debt by Type Last Ten Fiscal Years General Bonded Debt Percentage Fiscal General of Assessed Year Ended June 30, Obligation Bonds Property Value (a) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 $ 79,595,000 58,370,000 39,515,000 20,165,000 0 0 0 0 0 0 Per Capita (b) 0.38% 0.25 0.16 0.07 0.00 0.00 0.00 0.00 0.00 0.00 $24.89 17.71 11.66 5.76 0.00 0.00 0.00 0.00 0.00 0.00 Other Governmental Activities Debt Fiscal Lease Lease Year Ended June 30, Revenue Bonds $104,355,000 104,355,000 91,558,756 93,569,383 101,101,501 81,188,067 181,245,043 173,670,000 163,900,000 153,285,000 Trust Certificates 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 $ 10,812,000 9,212,000 6,812,000 4,612,000 Stadium Certificates District Rev. Bonds $ 55,107,043 58,225,000 57,225,000 55,225,000 52,735,000 50,050,000 47,230,000 44,270,000 41,165,000 37,905,000 Special Assessment $ 589,431 458,977 368,573 343,102 235,458 154,267 103,077 82,519 193,591 174,442 of Participation $ 13,575,118 9,804,315 5,808,084 5,500,000 5,115,000 4,715,000 4,295,000 3,850,000 3,385,000 Installment Capital Leases $14,225,356 19,442,376 19,414,905 10,820,105 13,507,633 16,312,891 33,039,132 50,093,644 51,135,340 14,956,315 Business -type Activities Fiscal Lease Certificates Installment Total Year Ended June 30, Revenue Bonds of Participation Purchase Agreements (d) Primary Government (c) $ 3,252,270 2,607,815 2,350,524 1,252,049 $ 303,024,071 285,532,002 245,167,454 203,910,257 184,827,345 162,615,360 273,379,974 277,023,162 260,243,931 209,705,757 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 $ 20,500,000 20,500,000 17,986,244 16,670,618 43,499 36,933 29,957 $ 11,824,853 11,768,519 10,940,368 5,865,000 Percentage of Assessed Property Value (a) 1.45% 1.25 1.00 0.74 0.61 0.49 0.75 0.56 0.45 0.36 Per Capita (b) $ 94.75 86.61 72.34 58.29 50.80 42.88 69.96 69.47 63.23 52.13 Note: Details regarding the County’s outstanding debt can be found in the notes to the financial statements. (a) See Assessed Value and Estimated Market Value of Taxable Property schedule for assessed property value data. (b) Population data can be found in the Demographic and Economic Statistics schedule. (c) Includes general bonded debt, other governmental activities, and business-type activities debt. (d) Prior to FY 2002, Installment Purchase Agreements include Capital Leases. 255 Purchase Agreements $ 892,254 546,202 205,765 Maricopa County Legal Debt Margin Information Last Ten Fiscal Years Fiscal Year 2000-01 2001-02 2002-03 2003-04 $ 3,131,657,332 58,205,000 $ 3,436,970,172 57,596,083 $ 3,668,557,092 38,792,654 $ 4,121,698,129 20,165,000 $ 4,510,048,001 Total net general obligation debt Legal debt margin $ 3,073,452,332 $ 3,379,374,089 $ 3,629,764,438 $ 4,101,533,129 $ 4,510,048,001 Debt limit 2004-05 Total net debt applicable to the limit as a percentage of debt limit 2.84% 1.86% 1.68% 1.06% 0.49% Fiscal Year Debt limit 2005-06 2006-07 2007-08 2008-09 2009-10 $ 4,979,582,760 $ 5,444,204,040 $ 7,430,186,074 $8,745,545,293 $ 8,697,607,759 $ 4,979,582,760 $ 5,444,204,040 $ 7,430,186,074 $8,745,545,293 $ 8,697,607,759 Total net general obligation debt Legal debt margin Total net debt applicable to the limit as a percentage of debt limit 0% 0% 0% 0% 0% Legal Debt Margin Calculation for Fiscal Year 2009-10 Assessed Value $ 57,984,051,727 Debt limit (15% of assessed value) 8,697,607,759 Debt applicable to limit: General obligation bonds Total net debt applicable to limit Legal debt margin $ 8,697,607,759 Note: The Arizona Constitution, Article 9, Section 8, states that a County may become indebted for an amount not to exceed fifteen percent of taxable property. 256 Maricopa County Pledged Revenue Coverage Last Ten Fiscal Years Stadium District Revenue Bonds Net Revenue Available Fiscal Year 2000-01 Gross Revenue $ 5,909,719 For Debt Service (1) $ 9,743,378 Debt Service Requirements Principal Interest Total $ 2,607,216 $ 3,078,606 $ Gross Coverage Net Coverage 5,685,822 104% 171% 2001-02 4,172,913 8,188,248 1,620,168 1,593,307 3,213,475 130% 255% 2002-03 5,565,801 8,658,371 1,000,000 2,945,548 3,945,548 141% 219% 2003-04 5,972,808 9,512,699 2,000,000 2,918,480 4,918,480 121% 193% 2004-05 6,533,419 10,320,528 2,490,000 2,873,964 5,363,964 122% 192% 197% 2005-06 7,018,591 10,697,550 2,685,000 2,738,844 5,423,844 129% 2006-07 6,838,436 10,702,495 2,820,000 2,604,374 5,424,374 126% 197% 2007-08 6,671,848 10,511,470 2,960,000 2,463,594 5,423,594 123% 194% 2008-09 5,714,998 9,993,478 3,105,000 2,317,532 5,422,532 105% 184% 2009-10 5,005,605 9,468,739 4,260,000 2,160,344 6,420,344 78% 147% Gross Coverage Net Coverage 98% Special Assessment Bonds Net Revenue Available Fiscal Year 2000-01 Gross Revenue $ 125,432 For Debt Service (1) $ 137,444 Debt Services Requirements Principal Interest Total 140,875 89% 2001-02 320,841 195,439 $ 223,211 93,828 $ 47,047 39,635 $ 262,846 122% 74% 2002-03 153,188 249,963 66,090 32,574 98,664 155% 253% 2003-04 158,646 295,985 85,577 27,047 112,624 141% 263% 2004-05 25,503 193,014 107,644 20,830 128,474 20% 150% 165% 2005-06 60,481 157,670 81,191 14,634 95,825 63% 2006-07 27,874 123,706 51,819 10,019 61,838 45% 200% 2007-08 56,579 146,962 26,711 6,612 33,323 170% 441% 2008-09 108,555 204,154 36,968 14,395 51,363 211% 397% 2009-10 53,667 134,815 19,149 13,527 32,676 164% 413% Note: Details regarding the outstanding debt can be found in the notes to the financial statements. (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. 257 Maricopa County Demographic and Economic Statistics Last Ten Fiscal Years Fiscal Year 2000-01 2001-02 2002-03 2003-04 2004-05 Unemployment Rate (June 30,) County 3.70% 5.00% 5.30% 4.40% 4.10% State 4.70% 6.00% 5.70% 5.00% 4.70% United States 4.60% 5.80% 6.30% 4.60% 5.00% $ 120,716,738,000 Population/Income Statistics Income $ 93,544,549,000 $ 96,998,974,000 $ 101,378,940,000 $ 110,278,789,000 3,198,064 3,296,739 3,389,229 3,498,347 Population Per Capita $ 29,250 $ 29,423 $ 29,912 $ 31,523 3,638,481 $ 33,178 Fiscal Year 2005-06 2006-07 2007-08 2008-09 2009-10 Unemployment Rate (June 30,) County 3.60% 2.90% 4.30% 8.00% 8.60% State 4.20% 3.40% 4.80% 8.70% 9.60% United States 4.60% 4.50% 5.50% 9.50% 9.50% $134,339,487,000 $139,665,253,000 (1) (1) (1) 3,792,675 3,907,492 3,987,942 4,115,811 4,023,132 (1) (1) (1) Population/Income Statistics Income Population Per Capita $ 35,420 $ 36,743 Source: Workforce Informer Arizona at www.workforce.az.gov for unemployment rate, population, income and per capita statistics. Note: Population, income and per capita are periodically updated by the Bureau of Economic Analysis, as reported by www.workforce.az.gov. As a result, income and per capita figures were adjusted for fiscal years 2000 through 2005 to reflect the most accurate estimates. (1) Income and per capita estimates were not yet available for fiscal years 2008, 2009, and 2010. 258 Maricopa County Principal Employers Current Year and Nine Years Ago 2001 2010 Percentage of Employer Employees Rank Total County Employment Percentage of Employees Rank Total County Employment State of Arizona 52,420 1 3.06% 59,348 1 3.82% Wal-Mart Stores, Inc. 31,280 2 1.97% 13,800 6 0.89% Banner Health Systems 27,431 3 1.39% 13,973 4 0.90% City of Phoenix 16,375 4 1.03% 12,917 7 0.83% Wells Fargo & Company 14,000 5 0.84% Maricopa County 12,996 6 0.84% 13,860 5 0.89% Apollo Group Inc. 12,299 7 0.78% Arizona State University 12,043 8 0.76% Honeywell Aerospace 10,145 9 0.63% 17,500 2 1.13% Bank of America 10,000 10 0.63% 15,500 3 1.00% Motorola The Kroger Co. 9,837 8 0.63% U.S. Postal Service - Arizona District 9,756 9 0.63% Raytheon Missile Systems 9,700 10 0.62% Total for Principal Employers Total Employment in Maricopa County 198,989 11.93% 1,628,700 176,191 11.34% 1,552,400 As of June 30 Source: The Business Journal, Book of Lists Workforce Informer Arizona at www.workforce.az.gov for total employed in Maricopa County. Difference in number of employees reported on this report for Maricopa County and the next report is due to the next report using budgeted full time employees. 259 Maricopa County Budgeted Full-time Equivalent County Employees by Function/Program Last Nine Fiscal Years Fiscal Year Function/Program General Government Board of Supervisors Call Center County Assessor County Manager Elections Facilities Management Finance Human Resources Information Technology Internal Audit Management and Budget Materials Management Other General Government Recorder Employee Health Initiatives Treasurer Public Safety Adult Probation Clerk of Superior Court Constables County Attorney Court System Emergency Management Flood Control Juvenile Probation Medical Examiner Planning & Development Public Fiduciary Sheriff Correctional Health Highways and Streets Transportation Health, Welfare and Sanitation Air Quality (1) Animal Control Environmental Services Human Services Other Health, Welfare and Sanitation Public Health Solid Waste Culture and Recreation Library District Parks and Recreation Stadium District Education Superintendent of Schools 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 25 33 322 18 54 235 43 67 67 16 22 39 136 71 15 64 25 34 322 11 54 248 44 66 66 16 22 40 141 71 16 64 24 33 321 12 54 245 48 51 61 15 20 36 132 70 25 64 24 33 321 13 54 301 42 51 63 15 21 35 140 70 26 59 22 33 331 21 54 263 44 55 109 15 32 35 81 (2) 80 23 (2) 59 1,175 666 30 829 1,845 15 223 828 64 115 35 2,465 264 1,092 689 30 917 1,846 15 226 869 63 125 35 2,488 265 1,072 684 30 915 1,849 14 224 833 65 125 34 2,494 262 1,153 710 30 990 1,965 15 227 1,012 66 159 34 3,214 381 504 478 479 479 N/A 133 283 368 N/A 140 274 369 N/A 141 282 368 N/A 144 303 461 115 523 12 108 535 14 40 542 13 40 557 12 41 575 13 136 98 4 136 104 4 136 104 4 147 86 5 30 30 33 12,001 12,107 11,976 2007-08 2008-09 2009-10 24 33 358 26 58 264 56 53 109 20 35 37 83 84 24 63 27 33 365 20 58 271 56 17 117 20 27 37 177 84 30 64 25 33 361 13 58 232 49 52 142 20 33 37 92 47 24 41 1,193 743 30 992 2,053 15 208 966 70 190 36 3,558 348 1,237 772 31 1,037 2,190 15 209 951 73 214 36 3,835 368 1,249 776 31 1,033 2,269 15 196 957 91 205 36 3,850 471 1,246 768 32 1,023 2,259 14 189 902 91 177 35 3,810 456 1,050 679 30 977 2,167 14 185 758 76 102 33 3,695 404 477 484 515 513 522 165 156 307 461 257 167 271 435 205 168 265 342 50 587 18 7 556 23 7 533 29 9 508 31 150 88 5 150 90 5 161 92 5 161 90 5 168 85 3 32 33 33 40 37 35 13,509 13,999 14,726 15,091 14,835 13,647 131 (1)(2) 164 (1) 149 158 197 205 463 471 Source: County Management and Budget Department (1) Air Quality reported as a component of Environmental Services prior to fiscal year 2006. (2) Data updated in fiscal year 2007. 260 85 28 25 27 322 27 54 182 40 47 119 17 32 34 82 63 Maricopa County Operating Indicators by Function/Program Last Nine Fiscal Years Function/Program 2001-02 2002-03 2003-04 2004-05 Fiscal Year 2005-06 2006-07 2007-08 2008-09 2009-10 General Government County Assessor Number of parcels assessed 1,214,539 1,259,703 1,305,716 1,361,695 1,339,473 1,494,585 1,533,026 1,543,998 1,543,998 Elections Registered voters 1,296,457 1,290,457 1,552,421 1,573,606 1,475,218 1,529,223 1,588,186 1,834,377 1,820,851 Number voting (1) 723,867 723,867 1,211,963 1,211,963 899,484 899,484 1,380,571 1,380,571 1,380,571 Public Safety Adult Probation Probationers (including absconders) 32,671 30,216 32,001 28,631 30,631 31,405 30,617 30,666 31,160 Community service hours 864,242 853,041 769,314 891,897 813,931(2) 680,989 517,816 586,723 407,628 Collections $36,502,058 $23,772,376 $25,349,639 $28,417,533 $32,078,615 $31,078,450 $29,590,772 $28,690,912 $26,396,659 County Attorney Adult felony filings 30,322 30,459 34,052 34,480 39,654 38,694 N/A (3) N/A (3) N/A (3) Juvenile filings 9,578 8,651 9,537 9,557 13,752 14,401 N/A (3) N/A (3) N/A (3) Flood Control District Linear miles of watercourses 441 1302 N/A (3) 260 282 342 204 60 delineated N/A (3) Presentation, consultation requests completed N/A (3) 220 495 26 39 30 965 160 121 Square miles of watershed studies completed N/A (3) 10 782 1,238 1,994 503 631 411 619 Drainage complaint investigations conducted N/A (3) 269 140 N/A (3) 149 140 141 319 155 <30 days Justice Courts Annual new filings 351,278 355,170 348,040 375,944 379,498(2) 412,558 435,744 725,654(6) 827,383 Total non-jury trials N/A (3) commenced 22,777 41,238 34,615 17,630 4,079 5,467 3,626 2,511 71 70 49 218(2) 495 754 120 110 Total jury trials commenced N/A (3) Juvenile Probation Population under 18 yrs old 861,454 878,683 896,257 914,182 932,466 951,049 1,110,894 1,133,112 1,155,774 Juveniles brought to detention 10,287 10,119 9,916 9,782 10,029 10,491 10,444 10,327 9,707 Average detention length (days) 15 15 17 19 19 17 14 13 13 Superior Court Annual Case Filings 136,069(5) 145,299(5) 155,460(5) 154,996(5) 157,956(5) 162,856 177,892 190,330 192,303 Public Health Certified copies of birth or death certificates 225,224 217,686 257,249 286,124 311,980 324,777 354,316 374,678 365,671 Number of immunizations 185,320 211,455 232,431 222,100 308,493 235,573 279,778 275,724 229,251 Cases of communicable diseases investigated 2,645 3,794 3,914 3,121 2,867 3,031 8,795 9,671 11,728 Culture and Recreation Library District Number of items circulated N/A (4) N/A (4) 3,768,536 3,716,554 4,271,158 4,531,500 5,911,180 7,179,520 7,481,836 Number of library cards issued N/A (4) N/A (4) 290,492 58,118 57,732 52,652 64,648 62,973 57,757 Number of print, media and electronic items N/A (4) N/A (4) 578,879 887,682 986,390 736,061 826,458 828,188 790,723 Education Superintendent of Schools School districts in Maricopa County 57 58 58 57 58 58 58 58 58 Home Schooled students 7,700 8,832 10,255 11,592 8,249 9,517 9,790 9,737 10,017 Private School students 15,000 19,200 21,724 25,793 27,585 27,606 29,283 19,213 20,215 (1) November general election data used for two fiscal-year time span (i.e., fiscal-year of election date and fiscal year immediately prior to election). (2) Data updated in fiscal year 2007. (3) Information unavailable for fiscal year. (4) Data unavailable as a new computer system was installed in fiscal year 2003. (5) Data was adjusted during fiscal year 2005. (6) Significant increase due to photo enforcement. Note: Indicators for Highways and Streets is not available. Source: Managing for Results – Strategic Plans and Performance. 261 Maricopa County Capital Asset Statistics by Function/Program Last Nine Fiscal Years Fiscal Year Function/Program 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 26 (1) 26 27 27 177 (2) 175 167 167 General Government Facilities Management Number of buildings owned by Facilities Number of buildings maintained by Facilities N/A N/A N/A 353 35 N/A N/A N/A 177(2) 177 (2) Public Safety Flood Control District 118 118 118 297 310 318 324 333 338 Justice Courts Operating alert stations 23 23 23 23 23 23 23 25 25 Juvenile Courts 2 2 2 2 2 2 2 2 2 8,287 8,873 9,570 10,062 10,062 9,562 9,562 11,509 11,509 4 4 6 6 6 6 6 6 6 Miles of Road 5,823 5,586 5,569 5,555 5,557 5,205 5,420 5,232 5,284 Miles of road with paved surfaces 4,421 4,421 4,452 4,503 4,514 4,255 4,491 4,334 4,397 25 27 28 28 27 27 23 22 22 258 265 283 299 290 293 286 276 278 3 3 3 3 3 3 2 2 2 Number of public health facilities 2 2 2 2 2 2 2 2 2 Number of WIC facilities 2 2 2 2 2 2 2 2 2 6 6 6 6 6 6 6 6 6 Sheriff Inmate beds available (incl. portable) Number of jail facilities Highways and Streets Transportation Number of major bridges Number of total bridges Health, Welfare and Sanitation Animal Care and Control Number of animal shelters Public Health Solid Waste Management Number of transfer stations Culture and Recreation Library District Number of facilities owned 2 2 2 2 3 2 2 2 2 10 11 10 10 10 13 13 15 14 2 2 2 2 1 1 1 0 0 Regional county parks 9 9 9 9 9 9 9 9 9 County managed golf courses 3 3 3 3 3 3 3 3 3 119,301 119,307 119,239 119,261 118,754 119,185 119,257 119,257 119,257 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Facilities operated Bookmobiles Parks and Recreation Total acres managed Conservation areas Stadium District Major league baseball field (1) (2) The number of Facilities Management owned buildings decreased significantly from fiscal year 2006 as various buildings were transferred from Facilities Management to the respective County department. Data was adjusted in fiscal year 2007. Source: Various County Agencies. Note: Indicators for Education is not available. 262 MRJP www.maricopa.gov