Fiscal Year Ended June 30, 2012 COCONINO MOHAVE APACHE NAVAJO YAVAPAI LA PAZ MARICOPA COUNTY GILA GREENLEE YUMA PINAL GRAHAM 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, 2011 to June 30, 2012 Prepared By Department of Finance Shelby L. Scharbach, Assistant County Manager – 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, 2012 Introductory Section 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 Page 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 18 19 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 20 22 24 Proprietary Funds Financial Statements Statement of Net Assets Statement of Revenues, Expenses, and Changes in Fund Net Assets Statement of Cash Flows 26 27 28 Fiduciary Funds Financial Statements Statement of Fiduciary Net Assets Statement of Changes in Fiduciary Net Assets 30 31 Basic Financial Statements – Notes 35 Required Supplementary Information Budgetary Comparison Schedules – General Fund and Major Special Revenue Fund General Fund Detention Operations Fund 71 73 Note to Budgetary Comparison Schedules 74 i Table of Contents (Continued) For the Fiscal Year Ended June 30, 2012 Schedule of Agent Retirement Plans’ Funding Progress Page 75 Note to Schedule of Agent Retirement Plans’ Funding Progress 76 Modified Approach for Infrastructure Assets 77 Combining and Individual Fund Statements and Schedules Listing of Nonmajor Governmental Funds 81 Governmental Funds Combining Balance Sheet – Nonmajor Governmental Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances – Nonmajor Governmental Funds 88 104 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 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 Table of Contents (Continued) For the Fiscal Year Ended June 30, 2012 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 Courts Photo Enforcement Fund Justice Courts Special Revenue 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 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 Page 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 Table of Contents (Continued) For the Fiscal Year Ended June 30, 2012 Page Special Revenue Funds (Continued) Victim Location Fund Waste Management Fund Waste Tire Fund 205 206 207 Debt Service Funds County Improvement Debt Fund Stadium District Debt Service Fund 208 209 Capital Projects Funds Detention Capital Projects Fund Detention Technology Capital Improvement 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 Technology Capital Improvement Fund Transportation Capital Projects Fund Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects 210 211 212 213 214 215 216 217 218 219 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 227 228 230 232 Agency Fund Listing of Agency Fund Statement of Changes in Assets and Liabilities 237 238 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 241 242 243 245 246 248 249 250 251 252 253 254 255 256 257 258 259 260 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 Tom Manos ♦♦♦ ASSISTANT COUNTY MANAGER – 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 STAR Call Center Clerk of the Board County Manager Elections Internal Audit Procurement Services Risk Management Deputy County Manager Public Defense Services Contract Counsel Legal Defender Public Advocate Public Defender Legal Advocate Assistant County Manager Assistant County Manager Assistant County Manager Deputy County Manager Management & Budget Human Resources Finance Animal Care & Control Planning & Development Correctional Health Bus. Strat. & Health Care Programs Enterprise Technology Equipment Services Emergency Management Public Health Human Services Parks & Recreation Facilities Management Medical Examiner Environmental Services Research & Reporting Air Quality NonDepartmental Transportation Public Fiduciary Waste Resources & Recycling vi 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 21, 2012 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, 2012. 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, 2012, 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, 2012. 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, 2011, Maricopa County contained 59.7 percent of the State’s total population (www.azcommerce.com). The County occupies th 9,225 square miles making it the 14 largest county in land area in the United States. 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 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 Phoenix Business Journal, 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. Cities within Maricopa County also host college bowl games such as the Fiesta Bowl and the Insight Bowl. Arizona is slowly starting to recover from the economic downturn; however, a full recovery is still a couple years away (Elliot D. Pollack & Co.). According to the W.P. Carey School of Business, it will take Arizona until 2015 to recover and for the economy to be back to normal (http://knowledge.wpcarey.asu.edu). Maricopa County’s unemployment rate is 6.9 percent as of October 2012, which remains below both the State of Arizona and the United States unemployment rates of 8.1 percent and 7.9 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 Operations 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 ix adjustments for inflation, deflation and population growth of the County. The Constitution also limits the amount of revenues that may be generated from property taxes. A two-percent plus new construction annual increase is the maximum allowed by law unless special voter approval is obtained. 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, 2011. 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 and audit 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, Tom Manos County Manager Shelby L. Scharbach Assistant County Manager - 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 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, each major fund, and aggregate remaining fund information of Maricopa County as of and for the year ended June 30, 2012, 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, which account for the following percentages of the assets and liabilities of the opinion units affected: Opinion Unit/Department Assets Liabilities Government-wide Statements Governmental activities: Stadium District Risk Management Employee Benefits Trust 6.14% 0.99% 1.22% 6.44% 22.07% 3.35% Fund Statements Aggregate remaining fund information: Stadium District Risk Management Employee Benefits Trust 1.17% 1.89% 2.35% 0.01% 48.73% 7.41% 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 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. 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. 2910 NORTH 44 th STREET • SUITE 410 • PHOENIX, ARIZONA 85018 • (602) 553 -0333 • FAX (602) 553-0051 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, each major fund, and aggregate remaining fund information of Maricopa County as of June 30, 2012, 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. U.S. generally accepted accounting principles require that the Management’s Discussion and Analysis on pages 3 through 13, the Budgetary Comparison Schedules on pages 71 through 74, the Schedule of Agent Retirement Plans’ Funding Progress on pages 75 and 76, and the Modified Approach for Infrastructure Assets information on page 77 be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with U.S. generally accepted auditing standards, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the County’s basic financial statements. The combining and individual fund statements and schedules and the introductory and statistical sections listed in the table of contents are presented for purposes of additional analysis and are not required parts of the basic financial statements. Such information is the responsibility of the County’s management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The combining and individual fund statements and schedules have been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with U.S. generally accepted auditing standards by us and the other auditors. In our opinion, based on our audit, the procedures performed as described previously, and the reports of the other auditors, the combining and individual fund statements and schedules are fairly stated in all material respects in relation to the basic financial statements 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 do not express an opinion or provide any assurance 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 21, 2012 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 $4.6 billion (net assets), an increase of 1.4 percent from the prior year. Of this amount, $698.2 million (unrestricted net assets) may be used to meet the County’s ongoing obligations to citizens and creditors. Composition of Net Assets (in millions) Unrestricted $698.2 (15%) Restricted $625.2 (14%) Invested in capital assets, net of related debt - $3,238.4 (71%) • The County’s total net assets as reported in the Statement of Activities increased by $63.1 million from the prior year. The County’s primary sources of revenue are from taxes, grants and contributions, and charges for services. Revenue Sources (in millions) Operating Grants & Contributions $290.1 (16%) Other $38.0 (2%) Capital Grants & Contributions $7.6 (1%) Charges for Services $262.5 (14%) Taxes - $1,227.2 (67%) • The County’s governmental funds reported combined fund balances of $1,425.2 million, a decrease in fund balance of $58.8 million over the prior fiscal year. Approximately 98.4 percent of the combined fund balances or $1,402.7 million is spendable and available to meet the County’s current and future needs. 3 Management’s Discussion and Analysis (Continued) • Spendable fund balance for the General Fund decreased by 30.8 percent to $283.0 million; approximately 33.3 percent of total General Fund expenditures. See page 8 for a description of spendable fund balance. 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 88. 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, Maricopa County Street Lighting District, and the Housing Authority of Maricopa County are reported as blended component units. The County has no discretely presented component units. The Government-wide financial statements can be found on pages 18-19 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 six major governmental funds. Information is presented separately in the governmental funds Balance Sheet and in the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund, Detention Operations Fund, County Improvement Debt Fund, Detention Capital Projects Fund, General Fund County Improvements Fund and Technology Capital Improvement 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 88 of this report. The governmental funds financial statements can be found on pages 20-24 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 228 of this report. The proprietary fund financial statements can be found on pages 26-28 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 30-31 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 35-68 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 71-77 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, 2012, as compared to the prior year. Statement of Net Assets As of June 30 (in millions) Governmental Activities 2012 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 * 2011* % Chg P/Y $ 1,773.2 3,380.3 5,153.5 $ 1,789.6 3,258.6 5,048.2 (0.9)% 3.7 2.1 264.5 327.2 591.7 197.9 351.6 549.5 33.7 (6.9) 7.7 3,238.4 625.2 698.2 4,561.8 3,100.2 632.1 766.4 $ 4,498.7 4.5 (1.1) (8.9) 1.4 Assets, liabilities, and net assets for fiscal year 2011 were adjusted by $8.2 million for the following: inclusion of component units of the Housing Authority, a nonmajor governmental fund and a blended component unit of the County; corrections of prior periods for Housing Authority capital assets; corrections for prior year capital project expenditures, and corrections related to the Special Assessment Fund. See Note 4 – Beginning Balances Restated for additional information. By far, the largest portion - $3.2 billion or 71.0 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 $138.2 million due to an increase in net capital assets of $121.6 million and a decrease in capital related debt, net of unspent proceeds, of $16.6 million. The decrease in capital related debt was a result of regularly scheduled debt service payments. The large increase in capital assets is mainly attributed to an increase in buildings and infrastructure of $302.3 and $35.8 million, respectively, which was offset by a decrease in construction in progress of $228.2 million. The increase in buildings and decrease in construction in progress is primarily a result of the completion of the Criminal Court Tower Project, which resulted in the capitalization of a building for $315.2 million, with a corresponding decrease in construction in progress. During fiscal year 2012, the County expended $52.7 million on the Criminal Court Tower Project. The increase in infrastructure is due to an increase in Transportation and Flood Control District infrastructure of $23.4 and $12.4 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, $625.2 million or approximately 13.7 percent, represents resources that are subject to external restrictions on how they may be used. This component decreased by $6.9 million from the prior year. This decrease can be attributed to expenses exceeding revenues for the fiscal year. Although the economic environment is in recovery, it has still not fully recovered as less revenue was collected than the prior year. The County was able to minimize the impact of a decreased revenue base by employing a conservative approach to forecasting and budgeting. The County has continued to minimize the negative impact of the economy by utilizing budget balancing tactics, while still providing the citizens with mandated services. The final component consists of unrestricted net assets, $698.2 million or 15.3 percent, and may be used to meet the County’s ongoing obligations. Unrestricted net assets decreased from fiscal year 2011 by $68.2 million. This decrease is primarily attributed to an increase in current liabilities of $66.6 million or 33.7 percent as a result of an increase in claims payable of $45.0 million for the accrual of indigent health care claims in the General Fund (see Note 18 – Risk Management for further explanation). Changes in Net Assets As discussed previously, the County’s total net assets of $4.6 billion increased by $63.1 million as reported in the Statement of Activities. The following table reflects the condensed Statement of Activities of the County for the fiscal year 2012 compared to the prior year and indicates the changes in net assets for governmental activities: Statement of Activities For the year ended June 30 (in millions) Governmental Activities 2012 2011* Revenues: Program revenues: Charges for services Operating grants and contributions Capital grants and contributions % Chg P/Y $ 262.5 290.1 7.6 $ 274.6 286.4 58.9 General revenues: Taxes Other Total Revenues 1,227.2 38.0 1,825.4 1,228.1 32.7 1,880.7 (0.1) 16.2 (2.9) Expenses: General government Public safety Highways and streets Health, welfare and sanitation Other** Total Expenses 229.8 940.7 79.0 441.7 71.1 1,762.3 248.4 893.8 123.6 387.9 60.2 1,713.9 (7.5) 5.2 (36.0) 13.9 18.1 2.8 63.1 4,498.7 $4,561.8 166.9 4,331.8 $4,498.7 (62.2) 3.9 1.4 Change in net assets Net assets – beginning, as restated Net assets – ending (4.4)% 1.3 (87.0) * Net assets for fiscal year 2011 were adjusted by $8.2 million for the following: inclusion of component units of the Housing Authority, a nonmajor governmental fund and a blended component unit of the County; corrections of prior periods for Housing Authority capital assets; corrections of prior year capital project expenditures; and corrections related to the Special Assessment Fund. See Note 4 – 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 7 Management’s Discussion and Analysis (Continued) statements report capital outlays as expenditures. However, in the Statement of Activities the cost of those assets is not expensed, but reported as a capital asset on the Statement of Net assets, 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 $133.0 million. 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 and contributions, which represent 67.2, 14.4 and 15.9 percent, respectively, of total governmental activities revenues for fiscal year 2012. Tax revenues in total decreased $0.9 million primarily as a result of a decrease in property tax revenue of $21.4 million, which was offset by an increase in sales tax revenues of $20.8 million. The decrease in property tax revenues is a result of the decline in housing market values experienced in prior years as a result of the economic downturn. Although the economy is improving, the property tax levy is now experiencing the decline from prior year market devaluation 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 sales tax revenue is a result of the improving economy. Charges for services revenue decreased $12.1 million as a result of a decrease in Transportation Capital Projects Fund charges for services revenue of $14.3 million. This decrease can be attributed to a decrease in intergovernmental transportation capital projects from the prior fiscal year, for which the County would have received charges for services revenue. Operating grants revenue increased $3.7 million from the prior year primarily as a result of increases in Public Health grant revenue of $7.1 million, School Funds grant revenue of $3.5 million and Flood Control District intergovernmental revenues of $5.9 million. The increase in Public Health and School Funds grant revenues is a result of additional grant funding. The increase in Flood Control District intergovernmental revenues is primarily a result of federal monies received for the Flood Control dam rehabilitation project, for which the County received $3.5 million in additional revenue in fiscal year 2012. These increases were offset by decreases in CDBG Housing Trust grant revenues of $4.6 million and Transportation Department Highway User Revenue Fee (HURF) revenues of $6.9 million. The decrease in HURF is a result of the change in the state distribution formula to divert more funds from counties to support state programs. The decrease in CDBG grant revenues is a result of a cutback in the HOME and CDBG grants by the federal grantor as a result of reduced funding. 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 increased $48.4 million or 2.8 percent from the prior fiscal year. The most significant fluctuations were in the public safety; highways and streets; and health, welfare and sanitation functions, with net changes of $46.9, ($44.5), and $53.8 million, respectively. The increase in public safety is primarily attributable to an increase in public safety expenditures as a result of the mandated payment to the State of $26.4 million, of which $23.7 million was paid from public safety departments. The increase is also attributed to an increase in internal service charges of $10.4 million that were previously budgeted and paid for out of the general government department (governmental activities). The decrease in highways and streets expenses is mainly due to a decrease in Transportation infrastructure asset deletions, resulting in a decrease in loss on disposal of assets from the prior year of $36.7 million. The increase in health, welfare, and sanitation expenses is primarily due to an increase in total ALTCS contributions of $35.9 million (see page 9 for further information). Financial Analysis of the County’s Funds As noted earlier, the County uses fund accounting to ensure and demonstrate compliance with financerelated legal requirements. In order to provide comparative discussion of fund balances to the prior year, the analysis below of ‘spendable’ balance represents restricted, committed, assigned, and unassigned fund balance. 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 8 Management’s Discussion and Analysis (Continued) information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the County’s financing requirements. In particular, spendable fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. As of June 30, 2012, the governmental funds reported combined fund balances of $1,425.2 million and a decrease in fund balance of $58.8 million from the prior fiscal year. Approximately 98.4 percent of the combined fund balances or $1,402.7 million is available to meet the County’s current and future needs (spendable fund balance). The remaining fund balance is reserved for inventories, intergovernmental loans 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, spendable fund balance of the General Fund was $283.0 million, while total fund balance was $302.9 million. This represents a decrease in the spendable fund balance from the prior year of $126.0 million, or 30.8 percent. As a measure of the General Fund’s liquidity, it may be useful to compare both spendable fund balance and total fund balance to the total fund expenditures. Spendable fund balance represents 33.3 percent of the total fiscal year 2012 General Fund expenditures, while total fund balance represents 35.6 percent of that same amount. These ratios indicate a strong fund balance position in comparison to expenditures. During fiscal year 2012, the General Fund experienced a change in fund balance of ($126.5) million, a decrease of $46.3 million from the prior fiscal year. While revenues stayed flat in comparison to prior year, expenditures increased $43.2 million. The increase in expenditures is primarily a result of an increase in total ALTCS contributions of $35.9 million. Total ALTCS contributions increased as a result of the County no longer receiving a reduction in payment from the Federal Medical Assistance Percentages (FMAP) stimulus monies. 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 and detention facilities. At the end of the current fiscal year, total fund balance of the Detention Operations Fund was $77.9 million, of which 99.9 percent is restricted and considered spendable. This was an increase in total fund balance of $20.9 million, or 36.7 percent, from the prior fiscal year. Although the fund had more expenditures than revenues by $142.4 million, the increase in fund balance can be attributed to net transfers of $163.4 million, which represented a net increase in transfers of $193.6 million over the prior year. This net increase is primarily attributed to a decrease in transfers out to the Detention Capital Projects Fund and Detention Technology Capital Improvement Fund of $181.3 and $6.1 million, respectively. The amount to be transferred to the Detention Capital Projects Fund and the Detention Technology Capital Improvement Fund for any given year is determined through the budget planning process. County Improvement Debt Fund The County Improvement Debt Fund is a debt service fund that accounts for the debt service on the Lease Revenue Refunding Bonds, Series 2003; Lease Revenue Bonds, Series 2007A; Lease Revenue 9 Management’s Discussion and Analysis (Continued) Refunding Bonds, Series 2007B; and other long-term obligations. At the end of the current fiscal year, spendable fund balance of the County Improvement Debt Fund was $13.0 million, of which $11.6 million is restricted for debt service. This represents an increase of $6.2 million from the prior fiscal year and is a result of transfers in for the payment of regularly scheduled debt service payments. As no new debt issuances occurred during the fiscal year, the primary activity in this fund is debt service payments. Detention Capital Projects Fund The Detention Capital Projects Fund is a capital projects fund that accounts for construction associated with the 1/5 of one-cent sales tax approved by voters in the General Election on November 3, 1998, and extended by the voters on November 5, 2002. Funding is provided by transfers from the Detention Operations Fund for construction of the adult and juvenile detention facilities. At the end of the current fiscal year, fund balance of the Detention Capital Projects Fund was $244.1 million, all of which is restricted and considered spendable. The fund balance in this fund decreased $22.1 million from the prior fiscal year, which is primarily attributed to capital project expenditures for the Criminal Court Tower Project. 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 energy conservation projects. At the end of the current fiscal year, fund balance of the General Fund County Improvements Fund was $312.3 million, all of which is committed and considered spendable. The fund balance in this fund increased $40.4 million from the prior fiscal year primarily as a result of net transfers of $89.8 million exceeding capital outlay expenditures of $49.8 million by $40.0 million. Technology Capital Improvement Fund The Technology Capital Improvement Fund is a capital projects fund that accounts for technology improvement capital projects funded by transfers from the General Fund. Projects that are currently funded include technology infrastructure upgrades, administrative and detention system projects, and security and telephone system upgrades. At the end of the current fiscal year, fund balance of the Technology Capital Improvement Fund was $178.8 million, all of which is committed and considered spendable. The fund balance in this fund increased $29.3 million from the prior fiscal year primarily as a result of transfers in of $64.8 million from the General Fund exceeding capital project expenditures of $35.5 million by $29.3 million. General Fund Budgetary Highlights The difference between the original budget and the final amended budget for the General Fund resulted in no significant change in revenues and a decrease in expenditures of $99.0 million. The decrease in budgeted expenditures was primarily a result of excess budget authority being moved from the General Fund to the General Fund County Improvements Fund for future capital projects. A significant favorable expenditure variance, as compared to the budget, was incurred in the Public Works Department (general government function) of $16.2 million. These savings were a result of the Public Works Department’s less than anticipated spending on major maintenance. 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, 2012, was $3.4 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 10 Management’s Discussion and Analysis (Continued) assets can be found in the Notes to the Financial Statements (Note 1 – Summary of Significant Accounting Policies and Note 12 – 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, 2012, Flood Control District infrastructure-related assets consisted of land, infrastructure and construction in progress of $250.8, $188.9, and $178.0 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 preserved at the established condition level. During fiscal year 2012, the condition level of both systems was within the established condition level. Actual maintenance/preservation costs varied by $3,988,554 and $137,432 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 delayed due to deficient subgrade soil that required remediation and will rollover to fiscal year 2013. See Required Supplementary Information on page 77 for additional information. At June 30, 2012, Transportation Department infrastructure-related assets consisted of land, infrastructure and construction in progress of $333.9, $720.0, and $29.4 million, respectively. Capital assets for governmental activities are presented below (in millions) to illustrate changes from the prior year: Governmental Activities 2012 2011* 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 $ $ 722.4 720.0 $ Change % Change 713.5 696.6 $8.9 23.4 1,400.9 1,101.9 299.0 27.1 91.1 257.0 84.9 485.2 6.2 (228.2) 7.3 (47.0) 12.4 121.7 7.0 3.7 188.9 3,380.3 $ $ 176.5 3,258.6 1.2% 3.4 * The capital asset amounts for fiscal year 2011 were restated for inclusion of component units of the Housing Authority, a nonmajor governmental fund and a blended component unit of the County; for corrections of prior periods for Housing Authority capital assets; and corrections for prior year capital project expenditures. See Note 4 – Beginning Balances Restated for additional information. Capital assets, net of accumulated depreciation, increased by $121.7 million, or 3.7 percent, from the prior year. The most significant impact on the increase in capital assets for the fiscal year ended June 30, 2012, was the increase in buildings and improvements and the decrease in construction in progress of $299.0 and $228.2 million, respectively, from the prior fiscal year. During fiscal year 2012, the County completed the Criminal Court Tower Project, which resulted in the capitalization of the building and related equipment, and improvements of $315.2, $3.5, and $0.5 million, respectively. The completion and capitalization of this project resulted in a corresponding decrease in construction in progress of $319.3 million. Transportation Department and Flood Control District infrastructure assets increased $22.8 and 32.3 million, respectively, from the prior year and accounted for changes in land, construction in progress, and infrastructure of $6.3, $7.6, and $41.2 million, respectively. 11 Management’s Discussion and Analysis (Continued) 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 2011 Standard & Poor's AAA March 2011 Lease Revenue Bonds Fitch Ratings AA+ April 2011 Standard & Poor's AA+ March 2011 Certificates of Participation Fitch Ratings AA+ April 2011 At June 30, 2012, the County had total long-term liabilities (noncurrent liabilities due within one year and more than one year) outstanding of $327.2 million, which represents a $24.5 million decrease from the prior year balance of $351.7 million (restated). The majority of the decrease is attributable to debt service payments made during fiscal year 2012 for lease revenue bonds ($11.3 million), certificates of participation ($2.9 million), Stadium District revenue bonds ($3.6 million), and Stadium District loans ($1.2 million) and a net decrease of reported and incurred but not reported claims of $4.4 million. The largest components of long-term liabilities at June 30, 2012, consisted of lease revenue bonds - $130.8 million, Stadium District revenue bonds - $30.9 million, and reported claims and incurred but not reported claims $140.0 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. At June 30, 2012, the fund balance in the County Improvement Debt Fund to pay future liabilities was $13.0 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 $58.2 million (par value) of which $30.9 million remains outstanding. Reported and incurred but not reported claims applicable to governmental activities of $140.0 million are reported in the Risk Management and Employee Benefits Trust funds (internal service funds). This is a decrease of $4.4 million from the prior year as noted above. This liability is primarily related to actuarial estimates for the County’s self-insured 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 14 – Long-Term Liabilities and Note 18 – Risk Management). Economic Factors and Next Year’s Budget and Rates • Arizona will continue to experience slow growth for the remainder of this year and next, followed by cautious acceleration as migration flows improve and construction begins to increase (http://azeconomy.eller.arizona.edu). • The United States Census Bureau reports that Maricopa County’s population increased by 1.7 percent from fiscal year 2010 to 2011 (www.census.gov). The unemployment rate in Maricopa County, according to Arizona Workforce, in October 2012 was 6.9 percent, which remains below both the state and national average of 8.1 percent and 7.9 percent, respectively (www.workforce.az.gov). 12 Management’s Discussion and Analysis (Continued) • As reported by the Arizona Department of Commerce, Maricopa County’s population increased 25.5 percent from July 1, 2000 to July 1, 2011, which is higher than the United States’ overall population increase of 10.4 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 2013 budget and tax rate, which took into account several significant trends: • Assessed property tax values are estimated to continue to decline though fiscal year 2015 with only a 2.5 percent anticipated increase in fiscal year 2016. • Annual collections of State Shared Sales Tax, Vehicle License Tax, Highway User Revenues and County Jail Excise Tax revenues are expected to begin increasing slightly or at least remain flat in fiscal year 2013 and are not expected to regain the peak levels of fiscal year 2007 until after fiscal year 2017. At the end of the fiscal year, total fund balance for the General Fund was $302.9 million, or 35.6 percent of total General Fund expenditures, of which $283.0 million is considered spendable. Spendable fund balance decreased by 30.8 percent from the prior year. See page 9 for further information. In accordance with A.R.S., the entire amount will be budgeted in the next fiscal year. A.R.S. §42-17151 requires that total estimated sources of revenue must equal the total estimated expenditures in the budget for the current fiscal year. The estimated expenditures may include an amount for unanticipated contingencies or emergencies, per A.R.S. §42-17102. Request for Information This financial report is designed to provide our citizens, taxpayers, customers, investors and creditors with a general overview of the County’s finances and to demonstrate the County’s accountability for the money it receives. If you have any questions about this report or need additional financial information, please contact Maricopa County Department of Finance, 301 W. Jefferson, Suite 960, Phoenix, AZ 85003, or at www.maricopa.gov. 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 Refunding Bonds, Series 2003; Lease Revenue Bonds, Series 2007A; Lease Revenue Refunding Bonds, Series 2007B; and other long-term obligations. Capital Projects Funds Detention Capital Projects Fund – Accounts for construction associated with the 1/5 of one-cent sales tax approved by voters in the General Election on November 3, 1998, and extended by voters on November 5, 2002. Funding is provided by transfers from the Detention Operations Fund for construction of the adult and juvenile detention facilities. 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. Technology Capital Improvement Fund – Established by the Board of Supervisors to account for General Fund and other resources committed for technology improvement projects. 17 Maricopa County Statement of Net Assets June 30, 2012 PRIMARY GOVERNMENT Governmental Activities 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 Claims payable Unearned revenue Advances 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 $ 28,211,601 1,483,133,886 21,078,978 163,109,995 9,238,129 2,377,479 1,914,257 4,149,129 15,882,280 44,174,858 722,403,268 1,851,824,822 329,367,375 719,965,384 271,659,077 257,017,823 (771,966,872) 5,153,541,469 89,734,671 8,942,302 79,363,197 3,046,279 45,000,000 22,932,990 6,096,949 9,404,281 64,708,488 262,492,446 591,721,603 3,238,389,442 4,247,409 473,518,780 51,387,649 24,791,910 46,130,937 4,268,722 20,884,938 698,200,079 $ 4,561,819,866 The notes to the financial statements are an integral part of this statement. 18 Maricopa County Statement of Activities For the Fiscal Year Ended June 30, 2012 Program Revenues Charges for Services 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 $ 229,774,209 940,656,263 79,064,075 441,741,947 52,783,614 12,886,213 5,441,500 1,762,347,821 $ 1,762,347,821 Operating Grants and Contributions $ 25,986,495 157,678,693 14,143,550 51,271,770 13,205,450 179,928 $ 262,465,886 $ 262,465,886 General revenues: Taxes: Property taxes, levied for general purposes Property taxes, levied for Flood Control District Property taxes, levied for Library District Property taxes, levied for Street Lighting 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 8,605,840 45,279,385 94,682,209 131,539,955 293,233 9,723,225 Capital Grants and Contributions $ 290,123,847 $ 290,123,847 $ 2,420,875 311,954 4,273,978 635,445 Net (Expense) Revenue and Changes in Net Assets 7,642,252 $ (192,760,999) (737,386,231) 34,035,662 (258,294,777) (39,284,931) (2,983,060) (5,441,500) (1,202,115,836) 7,642,252 (1,202,115,836) 504,805,017 61,210,182 19,049,420 5,026,752 400,453,544 118,052,954 5,192,003 113,363,658 2,802,089 18,135,778 17,094,924 1,265,186,321 63,070,485 4,498,749,381 $4,561,819,866 The notes to the financial statements are an integral part of this statement. 19 Maricopa County Balance Sheet Governmental Funds June 30, 2012 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 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 Claims payable Interest payable Bonds payable Notes payable Special assessment debt with governmental commitment Advances Deferred revenue Deposits held for other parties Total liabilities $ 24,286,000 202,221,205 16,594,808 51,868,391 77,642,731 4,473,886 411,029 15,882,280 $ $ 393,380,330 $ 92,432,091 $ $ 16,727,254 7,957,230 540,428 $ 11,354,502 3,209,442 14,690 $ $ 1,441,663 22,709,382 99,934 617,909 7,515,182 24,935,913 33,892,758 45,000,000 2,904,290 10,465,000 6,096,949 14,123,378 Fund balances: Nonspendable Restricted Committed Assigned Unassigned Total fund balances Total liabilities and fund balances 350 68,776,220 228,296 County Improvement Debt 7,515,182 90,445,239 14,578,634 19,923,166 99,934 77,753,523 159,000,000 88,432,960 35,578,965 302,935,091 $ 393,380,330 20,884,472 11,566,623 1,441,663 77,853,457 $ 92,432,091 13,008,286 $ 33,892,758 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, 2012, 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. 20 Detention Capital Projects $ General Fund County Improvements $ 246,473,159 Technology Capital Improvement $ 373,424,924 Other Governmental Funds $ 187,791,015 $ 246,473,159 $ 373,424,924 $ 187,791,015 $ $ 1,093,297 $ 10,136,397 $ 8,958,203 $ 3,820,440 284,185,091 3,252,028 26,022 55,242,700 2,534,842 3,120,191 19,238,945 371,420,259 $ $ $ 23,530,636 2,045,448 8,958,203 75,254,825 273,604,452 312,289,971 178,832,812 2,534,842 289,916,316 11,742,417 312,289,971 178,832,812 (8,028,141) 296,165,434 22,557,942 623,361,495 663,306,863 88,432,960 27,550,824 3,381 33,280 2,697 1,254,829 2,348,126 5,998,556 61,134,953 244,125,033 244,125,033 $ 246,473,159 $ 28,106,790 1,364,313,277 20,075,132 51,894,413 163,109,995 7,108,662 4,149,129 15,882,280 44,174,858 1,698,814,536 85,689,296 14,143,831 3,387,936 51,409,763 45,000,000 2,907,671 10,465,000 33,280 2,697 6,096,949 45,169,196 9,298,833 45,000,000 37,419,643 2,977,159 2,832,818 6,409,763 Total Governmental Funds 373,424,924 $ 187,791,015 $ 1,425,210,084 371,420,259 3,377,250,091 22,236,206 (26,391,691) (236,484,824) $ 21 4,561,819,866 Maricopa County Statement of Revenues, Expenditures, and Changes in Fund Balances Governmental Funds For the Fiscal Year Ended June 30, 2012 Detention Operations General County Improvement Debt REVENUES Taxes $ Licenses and permits 500,199,199 $ 118,052,954 $ 1,913,678 Intergovernmental 530,821,947 2,241,068 Charges for services 40,081,935 27,382,452 2,044,982 Fines and forfeits 12,151,025 6,564,308 8,678,147 2,340,568 48,583 5,235 1,100,410,239 150,065,625 2,050,217 Special assessments Interest income Miscellaneous Total revenues EXPENDITURES Current: General government 161,853,795 Public safety 429,607,663 291,211,277 Highways and streets Health, welfare and sanitation 249,419,875 Culture and recreation 1,097,796 Education 2,076,370 Debt service: Principal 13,595,551 Interest Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures 5,812,695 6,791,168 1,246,615 850,846,667 292,457,892 19,408,246 249,563,572 (142,392,267) (17,358,029) 1,351 (375,566,326) 182,706,088 (19,349,950) 23,578,935 (375,564,975) 163,356,138 23,578,935 (126,001,403) 20,963,871 6,220,906 429,402,403 56,935,901 6,787,380 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balances at beginning of year, as restated Changes in nonspendable resources: Decrease in inventories Fund balances at end of year (465,909) $ 302,935,091 The notes to the financial statements are an integral part of this statement. 22 (46,315) $ 77,853,457 $ 13,008,286 Detention General Fund Technology Other Total Capital Projects County Improvements Capital Improvement Governmental Funds Governmental Funds $ $ $ $ 1,110,691 $ 85,852,564 $ 704,104,717 55,222,472 57,136,150 292,901,844 827,075,550 91,085,665 160,595,034 18,855,004 31,006,029 5,026,752 5,026,752 17,305,398 18,164,312 129,549 451,155 8,395,287 8,856,878 1,240,240 451,155 566,196,466 1,820,413,942 7,114,015 168,967,810 152,466,446 873,285,386 49,416,837 49,416,837 186,029,379 435,449,254 29,694,416 30,792,212 10,654,782 12,731,152 4,810,483 18,406,034 7,671,184 279,181,267 33,600,450 49,835,264 35,498,196 1,858,489 152,209,574 33,600,450 49,835,264 35,498,196 594,254,421 1,875,901,136 (32,360,210) (49,384,109) (35,498,196) (28,057,955) (55,487,194) 16,000,000 (5,700,000) 112,239,628 (22,438,376) 64,836,373 100,524,478 (79,521,255) 499,886,853 (502,575,907) 10,300,000 89,801,252 64,836,373 21,003,223 (2,689,054) (22,060,210) 40,417,143 29,338,177 (7,054,732) (58,176,248) 266,185,243 271,872,828 149,494,635 303,313,508 1,483,991,898 (93,342) (605,566) 244,125,033 $ 312,289,971 $ 178,832,812 23 $ 296,165,434 $ 1,425,210,084 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, 2012 Net change in fund balances – total governmental funds (page 23) $ (58,176,248) Amounts reported for governmental activities in the Statement of Activities on page 19 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. 132,994,739 The net effect of various miscellaneous transactions involving capital assets is to decrease net assets. (11,096,577) Collections of certain revenues in the governmental funds exceeded revenues reported in the Statement of Activities. (6,884,396) 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. 20,192,957 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. (4,769,844) 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 expense of internal service funds is reported with governmental activities. (9,190,146) Change in net assets of governmental activities (page 19) The notes to the financial statements are an integral part of this statement. 24 $ 63,070,485 25 Maricopa County Statement of Net Assets Proprietary Funds June 30, 2012 Governmental Activities – Internal Service Funds ASSETS Current assets: Cash in bank and on hand $ Cash and investments held by County Treasurer 104,811 118,820,609 Receivables: Accounts 924,206 Accrued interest 79,640 Inventories 2,129,467 2,377,479 Prepaids 124,436,212 Total current assets Noncurrent assets: Capital assets: Machinery and equipment 12,570,192 (9,549,406) Less accumulated depreciation 3,020,786 Total noncurrent assets 127,456,998 Total assets LIABILITIES Current liabilities: Accounts payable 3,582,897 Employee compensation payable 4,210,179 Accrued liabilities 5,554,366 Due to other funds 484,650 45,602,680 Liability for reported and incurred but not reported claims (current portion) 59,434,772 Total current liabilities Noncurrent liabilities: 94,413,917 Liability for reported and incurred but not reported claims 94,413,917 Total noncurrent liabilities 153,848,689 Total liabilities NET ASSETS (DEFICIT) Invested in capital assets 3,020,786 (29,412,477) Unrestricted Total net deficit $ The notes to the financial statements are an integral part of this statement. 26 (26,391,691) Maricopa County Statement of Revenues, Expenses, and Changes in Fund Net Assets Proprietary Funds For the Fiscal Year Ended June 30, 2012 Governmental Activities – Internal Service Funds OPERATING REVENUES Charges for services $ Miscellaneous 175,978,294 325,085 176,303,379 Total operating revenues OPERATING EXPENSES Personal services 11,959,101 Supplies 18,371,133 Other services 9,453,602 Legal 5,343,230 Insurance and claims 132,600,276 Leases and rentals 58,576 Repairs and maintenance 2,081,358 Travel and transportation 45,867 Utilities 8,051,593 1,091,159 Depreciation 189,055,895 Total operating expenses Operating loss (12,752,516) NONOPERATING REVENUES (EXPENSES) 873,316 Investment income 873,316 Total nonoperating revenues Loss before transfers (11,879,200) Transfers in 2,716,418 (27,364) Transfers out Change in net assets (9,190,146) (17,201,545) Total net deficit – beginning Total net deficit – ending $ (26,391,691) The notes to the financial statements are an integral part of this statement. 27 Maricopa County Statement of Cash Flows Proprietary Funds For the Fiscal Year Ended June 30, 2012 Governmental Activities Internal Service Funds CASH FLOWS FROM OPERATING ACTIVITIES Charges for services Other receipts Payments for goods and services Payments for personal services and benefits Net cash used for operating activities $ 175,952,285 325,085 (176,651,653) (11,813,762) (12,188,045) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Advances from General Fund Transfers to other funds Loan payments to General Fund Net cash provided by noncapital financing activities 2,716,418 (27,364) (126,779) 2,562,275 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition of capital assets Net cash used for capital and related financing activities (838,124) (838,124) CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends Net cash provided by investing activities 801,311 801,311 Net decrease in cash and cash equivalents (9,662,583) 128,588,003 Cash and cash equivalents, July 1, 2011 Cash and cash equivalents, June 30, 2012 RECONCILIATION OF OPERATING LOSS TO NET CASH USED FOR OPERATING ACTIVITIES: Operating loss Adjustments to reconcile operating loss to net cash used for operating activities Depreciation expense Liability for reported and incurred but not reported claims - noncurrent Changes in assets [(increase)/decrease] and liabilities [increase/(decrease)]: Accounts receivable Inventories Prepaids Accounts payable Employee compensation payable Accrued liabilities Liability for reported and incurred but not reported claims - current $ 118,925,420 $ (12,752,516) 1,091,159 819,280 (26,009) (266,574) (389,741) 1,200,494 145,339 3,166,462 (5,175,939) $ 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 Capital assets transferred from governmental activities Accumulated depreciation transferred from governmental activities $ (12,188,045) 505,890 (505,890) 72,560 (72,560) The notes to the financial statements are an integral part of this statement. 28 29 Maricopa County Statement of Fiduciary Net Assets Fiduciary Funds June 30, 2012 Investment Trust Fund Agency Fund Assets Cash in bank and on hand $ Cash and investments held by County Treasurer $ 2,143,148,228 Accrued interest receivable 38,177,702 673,901 1,383,718 Miscellaneous 2,144,531,946 Total assets $ 36,420 38,888,023 Liabilities Accrued liabilities $ Deposits held for other parties $ Total liabilities Net Assets Held in trust for investment participants $ 2,144,531,946 The notes to the financial statements are an integral part of this statement. 30 360,310 38,527,713 38,888,023 Maricopa County Statement of Changes in Fiduciary Net Assets Fiduciary Funds For the Fiscal Year Ended June 30, 2012 Investment Trust Fund Additions: Contributions from participants $ 14,309,895,255 Investment income: Interest income 11,584,298 2,025,247 Net change in fair value of investments 13,609,545 Net investment income 14,323,504,800 Total additions Deductions: 14,554,317,160 Distributions to participants 14,554,317,160 Total deductions Change in net assets (230,812,360) 2,375,344,306 Net assets – beginning, as restated Net assets – ending $ 2,144,531,946 The notes to the financial statements are an integral part of this statement. 31 32 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 FUND BALANCE CLASSIFICATIONS OF THE GOVERNMENTAL FUNDS NOTE 3 REPORTING CHANGES NOTE 4 BEGINNING BALANCES RESTATED NOTE 5 RECONCILIATION STATEMENTS NOTE 6 STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY NOTE 7 DEPOSITS AND INVESTMENTS NOTE 8 CONDENSED FINANCIAL STATEMENTS OF COUNTY TREASURER’S INVESTMENT POOL NOTE 9 RECEIVABLES NOTE 10 DUE FROM OTHER GOVERNMENTAL UNITS NOTE 11 INTERGOVERNMENTAL LOANS NOTE 12 CAPITAL ASSETS NOTE 13 CONSTRUCTION AND OTHER SIGNIFICANT COMMITMENTS NOTE 14 LONG-TERM LIABILITIES NOTE 15 MUNICIPAL LANDFILL CLOSURE AND POSTCLOSURE CARE COSTS NOTE 16 MUNICIPAL REVOLVING LINE OF CREDIT AND IRREVOCABLE STANDBY LETTER OF CREDIT NOTE 17 OPERATING LEASES NOTE 18 RISK MANAGEMENT NOTE 19 POLLUTION REMEDIATION OBLIGATIONS NOTE 20 PENSIONS AND OTHER POSTEMPLOYMENT BENEFITS NOTE 21 INTERFUND BALANCES AND ACTIVITY NOTE 22 SUBSEQUENT EVENTS OF GOVERNMENT-WIDE 35 AND FUND FINANCIAL Notes to the Financial Statements NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Maricopa County’s accounting policies conform to generally accepted accounting principles applicable to governmental units adopted by the Governmental Accounting Standards Board (GASB). A. Reporting Entity Maricopa County is a general purpose local government that is 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 so intertwined with the County that they 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. Maricopa County does not report any discretely presented component units. Each blended 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. 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 on behalf of the County. Since this debt is in substance the County’s obligation, these liabilities and resulting assets are reported on the County’s financial statements. 36 Notes to the Financial Statements (Continued) Maricopa County Special Assessment Districts The Maricopa County 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 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 Maricopa County 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 Street Lighting Districts, the Districts are considered a blended component unit of the County. 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. As the Maricopa County Board of Supervisors serves as the Housing Authority’s Board of Commissioners, it is able to significantly influence the programs, projects, activities, or level of services provided by the Housing Authority; therefore, the Housing Authority is a blended component unit of the County. Effective for fiscal year 2012, the Housing Authority reports two discretely presented component units, Rose Terrace Development Partnership, L.L.C. and Maricopa Revitalization Partnership, L.L.C. These component units are combined and reported with the Housing Authority as a single special revenue fund on Maricopa County’s combining financial statements. Complete financial statements for the Housing Authority of Maricopa County and their component units 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 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. 37 Notes to the Financial Statements (Continued) 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 overall government’s financial activities, 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 or discretely presented component units. 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 taxes levied or imposed by the County 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 funds, 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 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. 38 Notes to the Financial Statements (Continued) 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 Refunding Bonds, Series 2003; Lease Revenue Bonds, Series 2007A; Lease Revenue Refunding Bonds, Series 2007B; and other long-term obligations. This fund’s main revenue source is from transfers for the repayment of debt. The Detention Capital Projects Fund – accounts for construction associated with the 1/5 of one-cent sales tax approved by voters in the General Election on November 3, 1998, and extended by the voters on November 5, 2002. Funding is provided by transfers from the Detention Operations Fund for construction of the adult and juvenile detention facilities. 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. Revenues in this fund consist mainly of transfers from the General Fund. 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 Technology Capital Improvement Fund – was established to account for General Fund and other resources committed for technology improvement projects. 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 the County Treasurer holds and invests on behalf of other governmental entities. The agency fund – accounts for assets the County holds 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, 39 Notes to the Financial Statements (Continued) regardless of when the related cash flows take place. Property taxes are recognized as revenue in the year for which they are levied. Grants and donations are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. Governmental funds in the fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Under this method, revenues are recognized when 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 income. Expenditures are recorded when the related fund liability is incurred, except for principal and interest on general longterm debt, landfill closure and postclosure care costs, pollution remediation obligations, 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. For these types of programs, the County applies grant resources to such programs before using general revenues. All other programs, the County uses unrestricted revenues first. The County’s internal service funds 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 County has chosen the option not to follow FASB Statements and Interpretations issued after November 30, 1989. 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 the 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 as nonspendable fund balance 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 methods, 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 40 Notes to the Financial Statements (Continued) due on the first day of October and becomes delinquent after the first business day of November. The second installment is due on the first day of March of the next year and becomes delinquent after the first business day of May. During the year, the County also levies mobile home personal property taxes that are due the second Monday of the month following receipt of the tax notice and become delinquent 30 days later. A lien assessed against real and personal property attaches on the first day of January preceding assessment and levy. 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 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) 20 - 50 25 - 50 3 - 10 3 - 20 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 Flood Control District, to estimate Flood Control’s historical cost for these assets. H. Fund Balance Classifications Fund balances of the governmental funds are reported separately within classifications based on a hierarchy of the constraints placed on the use of those resources. The classifications are based on the relative strength of the constraints that control how the specific amounts can be spent. The classifications are nonspendable, restricted, and unrestricted, which includes committed, assigned, and unassigned fund balance classifications. 41 Notes to the Financial Statements (Continued) The nonspendable fund balance classification includes amounts that cannot be spent because they are either not in spendable form, such as inventories, or are legally or contractually required to be maintained intact. Restricted fund balances are those that have externally imposed restrictions on their usage by creditors, such as through debt covenants, grantors, contributors, or laws and regulations. The unrestricted fund balance category is composed of committed, assigned, and unassigned resources. Committed fund balances are self-imposed limitations approved by the County’s Board of Supervisors, which is the highest level of decision-making authority within the County. The constraints placed on committed fund balances can be removed or changed by only the Board. Assigned fund balances are resources constrained by the County’s intent to be used for specific purposes, but are neither restricted nor committed. Only the Board of Supervisors has authorization to assign fund balances. The unassigned fund balance is the residual classification for the General Fund and includes all spendable amounts not reported in the other classifications. Also, deficits in fund balances of the other governmental funds are reported as unassigned. The County’s policy is to account for most restricted and committed revenue sources (subject to legal restriction, etc.) by segregating them in a separate fund; however, by its nature, the General Fund may have several different classifications of fund balance. Therefore, when expending General Fund fund balance, if an expenditure is incurred that can be paid from either restricted or unrestricted fund balances, it’s the County’s policy to use unrestricted fund balance first. For the disbursement of unrestricted fund balances, it is the County’s policy to use unassigned amounts first, followed by assigned amounts, and lastly committed amounts. I. Investment Income Investment income is composed of interest, dividends, and net changes in the fair value of applicable investments. J. 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, and roll-over from year-to-year, up to 240 or 320 hours (depending on employee classification) 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 terminating 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 terminating 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, 2012, 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. A liability for these amounts is reported in the governmental funds’ financial statements only if they have matured, for example, as a result of employee resignations and retirements by fiscal year-end. 42 Notes to the Financial Statements (Continued) NOTE 2 – FUND BALANCE CLASSIFICATIONS OF THE GOVERNMENTAL FUNDS The fund balance classifications of the governmental funds as of June 30, 2012, were as follows: Fund balances: Nonspendable: Inventory Loan receivable Total nonspendable General Fund $ 4,473,886 $ 15,449,280 19,923,166 Restricted for: Capital projects Debt service Education Flood control Health and welfare Judicial activities Law enforcement Library District Other purposes Parks and recreation Social services Stadium District Transportation Waste management Total restricted Detention Capital Projects Fund County Improvement Debt Fund 99,934 $ $ General Fund County Improvements Fund $ Technology Capital Improvement Fund $ Other Governmental Funds $ 2,534,842 74,368,207 9,318,315 4,268,722 59,844,252 18,103,426 21,168,261 15,551,206 17,476,747 7,934,289 4,775,293 4,796,144 13,210,423 37,383,320 1,717,711 289,916,316 318,493,240 20,884,938 4,268,722 59,844,252 18,103,426 21,168,261 93,304,729 17,476,747 7,934,289 4,775,293 4,796,144 13,210,423 37,383,320 1,717,711 623,361,495 178,832,812 140,647 178,832,812 8,785,861 2,815,909 11,742,417 491,263,430 1,441,663 159,000,000 8,785,861 2,815,909 663,306,863 244,125,033 77,753,523 77,753,523 159,000,000 Assigned to: General government Total assigned 88,432,960 88,432,960 Unassigned 35,578,965 302,935,091 $ 244,125,033 312,289,971 1,441,663 159,000,000 $ 11,566,623 1,441,663 312,289,971 2,534,842 $ Total 7,108,662 15,449,280 22,557,942 99,934 11,566,623 Committed to: Capital projects Debt service General government Health and welfare Other purposes Total committed Total fund balances Detention Operations Fund 88,432,960 88,432,960 (8,028,141) 77,853,457 $ 13,008,286 $ 244,125,033 $ 312,289,971 $ 178,832,812 $ 27,550,824 296,165,434 $1,425,210,084 Stabilization Arrangements – The Board of Supervisors has the authority to authorize and establish a stabilization arrangement by formal action. Subsequent modification, addition to, or expenditure from any stabilization arrangements also requires formal action by the Board of Supervisors, the highest level of decision-making authority within the County. At June 30, 2012, the General Fund had fund balances of $159,000,000 committed for budget stabilization. These amounts were committed specifically to cover either: a) an unusual revenue shortfall of 5% or more of estimated General Fund operating revenue for fiscal year 2012 due to a natural disaster, a sudden, severe economic downturn and/or actions by the State of Arizona to reduce shared revenues; b) an unusual unanticipated expenditure equaling 5% or more of estimated General Fund operating revenue for fiscal year 2012 that must be funded due to natural disaster, a legal judgment or settlement not covered by the County’s Risk Management Trust, and/or actions by the State of Arizona that shift significant new expenditures to the County; or c) a combination of the circumstances described in a) and b) that together equal 5% or more of estimated General Fund operating revenue. 43 Notes to the Financial Statements (Continued) NOTE 3 – REPORTING CHANGES Beginning in fiscal year 2012, the County established the Officer Safety Equipment Fund (special revenue fund), a nonmajor governmental fund. NOTE 4 – BEGINNING BALANCES RESTATED On July 1, 2011, the County restated beginning net assets of the governmental activities and the investment trust fund and beginning fund balance for the governmental funds for corrections of prior periods related to the Special Assessments and Special Improvement Districts (Districts) that are reported either in the governmental funds or investment trust fund, depending on the County’s fiduciary responsibilities of the Districts’ assets. The adjustments were due to corrections for three separate Districts that were misclassified, excluded, or double-reported of $438,281, $107,467, and ($30,625), respectively. These errors in total affected the beginning net assets by $515,123 reported in the County Treasurer’s Investment Pool presented in Note 8 – Condensed Financial Statements of County Treasurer’s Investment Pool. On July 1, 2011, the County also restated beginning net assets and beginning fund balance of the governmental fund financial statements of $8,646,197 and ($48,310), respectively, for the inclusion of the Housing Authority of Maricopa County’s discretely presented component units as part of the Housing Authority Fund (nonmajor special revenue fund). In addition, beginning net assets were restated for equipment purchased in the prior year but unrecorded by the Housing Authority of Maricopa County for $15,461. On July 1, 2011, the County also restated beginning fund balance of the governmental fund financial statements of ($10,277,947) for corrections of previously unrecorded contracts retention payable. This adjustment also affected the construction in progress beginning balance for governmental activities of $10,277,947, but had no effect on beginning governmental activities net assets. Beginning net assets/fund balance of governmental activities, governmental funds, and investment trust fund were adjusted for the above, as follows: Governmental Activities Net assets/fund balance as of June 30, 2011 Plus (less): Districts adjustments Plus (less): Housing Authority of Maricopa County Less: Capital outlay adjustments Governmental Funds Investment Trust Fund $ 4,490,526,004 $ 1,494,756,436 (438,281) (438,281) 8,661,658 (48,310) (10,277,947) $ 2,374,829,183 515,123 $ 4,498,749,381 $ 2,375,344,306 Net assets/fund balance as of July 1, 2011, as restated 44 $ 1,483,991,898 Notes to the Financial Statements (Continued) NOTE 5 – 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 1,425,210,084 Capital assets used in governmental activities are not financial resources and therefore, are not reported in the funds. 722,403,268 1,851,824,822 316,797,183 991,624,461 257,017,823 (762,417,466) 3,377,250,091 Land Buildings and improvements Machinery and equipment Infrastructure Construction in progress Accumulated depreciation Net governmental funds capital assets at June 30, 2012 Some receivables are not available to pay for current period expenditures and therefore, are deferred in the funds. 15,100,257 7,135,949 22,236,206 Deferred revenue for property taxes receivable at June 30, 2012 Deferred revenue for grant revenues receivable at June 30, 2012 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. (26,391,691) Some long-term liabilities and compensated absences are not due and payable shortly after June 30, 2012, and therefore, are not reported in the funds. (120,350,000) (2,754,637) (30,945,000) (6,906,857) (77,353) 1,914,257 (1,371,661) (3,241,022) (61,009,187) (11,036,830) (567,926) (138,608) (236,484,824) Noncurrent lease revenue bonds payable due in more than one year at June 30, 2012 Housing Authority loans payable due in more than one year at June 30, 2012 Stadium District revenue bonds payable at June 30, 2012 Stadium District loan payable at June 30, 2012 Special assessment debt with governmental commitment payable at June 30, 2012 Deferred issuance cost at June 30, 2012 Bond premium unamortized at June 30, 2012 Claims and judgments at June 30, 2012 Governmental funds compensated absences payable at June 30, 2012 Liability for closure and postclosure costs at June 30, 2012 Other liabilities at June 30, 2012 Accrued interest payable at June 30, 2012 $ Net assets of governmental activities 45 4,561,819,866 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 $ (58,176,248) 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, 2012 Add: Internal service funds depreciation expense for the year ended June 30, 2012 203,775,840 (71,872,260) 1,091,159 132,994,739 The net effect of various miscellaneous transactions involving capital assets is to decrease net assets. Net value of disposed capital assets for the year ended June 30, 2012 Adjustment for the net value of assets capitalized in the current year but acquired in prior years Donations of capital assets (20,321,541) 2,218,157 7,006,807 (11,096,577) Collections of certain revenues in the governmental funds exceeded revenues reported in the Statement of Activities. Collections of grant revenues plus current-year revenues exceeding amount reported as earned during the year ended June 30, 2012 Collections of property taxes plus current-year revenues exceeding amount reported as earned during the year ended June 30, 2012 (1,600,085) (5,284,311) (6,884,396) 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 Housing Authority loans payable Principal payments on Stadium District revenue bonds Principal payments on Stadium District loan payable Principal payments on special assessment debt with governmental commitment payable 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 11,205,000 28,270 3,570,000 1,200,000 23,527 2,244,230 2,375,000 432,651 (902,362) 16,641 20,192,957 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 increase in liability for closure and postclosure costs Net decrease in other liabilities (2,605,493) (605,566) 92,964 (1,728,279) 76,530 (4,769,844) 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 expense of internal service funds is reported with governmental activities. (9,190,146) $ Change in net assets of governmental activities 46 63,070,485 Notes to the Financial Statements (Continued) NOTE 6 – STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY At June 30, 2012, the following other governmental and internal service funds reported deficits in fund balance or net assets. FUND DEFICIT Governmental Funds: Adult Probation Grants Air Quality Grants CDBG Housing Trust Clerk of the Court Grants County Attorney Grants Emergency Management General Government Grants Human Services Grants Juvenile Probation Grants Medical Examiner Grants Public Defender Grants Public Health School Grants Sheriff Grants Sheriff RICO Solid Waste Management Trial Court Grants Proprietary Funds: Risk Management $ 360,005 33,988 232,399 3,647 87,268 72,857 633 860,186 63,394 14,437 6,944 4,475,867 258,360 742,205 6,000 1,138 42,887 $ 79,771,881 The deficits in fund balances or net assets for Adult Probation Grants, Air Quality Grants, CDBG Housing Trust, Clerk of the Court Grants, County Attorney Grants, Emergency Management, General Government Grants, Human Services Grants, Juvenile Probation Grants, Medical Examiner Grants, Public Defender Grants, Public Health, School Grants, Sheriff 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 yearend, as it is available and measurable. Revenues received after 60 days are considered not available and are therefore deferred. The 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, 2012, the total net assets deficit was $79,771,881. This is primarily due to the Risk Management Fund not being funded for noncurrent accrued claim liabilities. The remaining fund balance deficits for the Sheriff RICO and Solid Waste Management Funds resulted from operations during the year and are expected to be corrected during normal operations in fiscal year 2013. NOTE 7 – DEPOSITS AND INVESTMENTS Arizona Revised Statutes (A.R.S.) authorizes 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 and notes; 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; and certain open-end and closed-end mutual funds, including exchange traded funds. In addition, the County Treasurer may invest trust funds in certain fixed income securities of corporations doing business in the United States or District of Columbia. 47 Notes to the Financial Statements (Continued) Credit risk Statutes have the following requirements for credit risk: 1. Commercial paper must be of prime quality and be rated within the top two ratings by a nationally recognized rating agency. 2. Corporate bonds, debentures, and notes must be rated within the top three ratings by a nationally recognized rating agency. 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 deposits and certificates of deposit 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. Investments in repurchase agreements must have a maximum maturity of 180 days. 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. Foreign currency risk Statutes do not allow foreign investments. Deposits - At June 30, 2012, the carrying amount of the County’s deposits was $403,723,317 and the bank balance was $402,867,265, all of which was insured or collateralized with securities held by the depository bank. 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. Investments – The County’s investments at June 30, 2012, were as follows: Investment Type Repurchase agreement U.S. Treasury securities U.S. agency securities School bonds School tax anticipation notes short-term Mutual funds with trustee Other investments $ $ Amount 5,768,096 174,992,250 2,819,231,968 129,794,168 160,915,695 36,496,009 6,448,594 3,333,646,780 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, 2012, credit risk for the County’s investments was as follows: Investment Type U. S. agency securities U. S. agency securities U. S. agency securities School bonds School bonds School tax anticipation notes short-term Mutual funds with trustee Rating Aaa P1 Unrated Aa2 Unrated Unrated Aaa-mf 48 Rating Agency Moody’s Moody’s Not applicable Moody’s Not applicable Not applicable Moody’s $ $ Amount 1,262,530,762 1,463,192,141 93,509,065 25,929,428 103,864,740 160,915,695 36,496,009 3,146,437,840 Notes to the Financial Statements (Continued) The $93,509,065 of unrated U.S. agency securities are coupon notes issued by the Federal Agricultural Mortgage Corporation (FAMC). The remaining $103,864,740 and $160,915,695 of unrated school bonds and tax anticipation notes, respectively, are issued by various school districts that deposit their monies with the County Treasurer. The $6,448,594 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 an outside party’s possession. 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 $6,448,594 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, 2012, were in the Federal Home Loan Bank (FHLB), the Federal National Mortgage Association (FNMA), the Federal Home Loan Mortgage Corporation (FHLMC), and the Federal Farm Credit Banks (FFCB). These investments were 35.6 percent, 27.0 percent, 14.1 percent, and 5.6 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, 2012, the County had the following investments in debt securities. Investment Maturities Investment Type Repurchase agreement U.S. Treasury securities U.S. agency securities School bonds School tax anticipation notes short-term Mutual funds with trustee Less than 1 Year Amount $ 5,768,096 174,992,250 2,819,231,968 129,794,168 160,915,695 36,496,009 $ 3,327,198,186 $ 174,992,250 1,552,262,316 12,696,409 160,915,695 36,496,009 $ 1,937,362,679 1–5 Years $ $ 6 - 10 Years 5,768,096 $ 5,768,096 1,266,969,652 117,097,759 $ 1,384,067,411 The repurchase agreement of $5,768,096 relates to the Stadium District which is allowed by state statute to invest monies, not held for operations, for longer periods of time. The $6,448,594 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. 49 Notes to the Financial Statements (Continued) A reconciliation of cash, deposits, and investments to amounts shown on the Statements of Net Assets follows: Cash, deposits and investments: Cash on hand $ 150,079 Amount of deposits 403,723,317 Amount of investments 3,333,646,780 Total $ 3,737,520,176 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 Investment Trust Fund Agency Fund 28,211,601 1,483,133,886 44,174,858 $ 2,143,148,228 $ 38,177,702 673,901 1,555,520,345 $ 2,143,148,228 $ 38,851,603 Total $ 66,389,303 3,626,956,015 44,174,858 $ 3,737,520,176 NOTE 8 – 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 $3,432,541 of interest earned in certain other funds to be reported as interest income in the General Fund. Substantially, all cash, deposits, and investments of the County’s primary government are included in the County Treasurer’s investment pool, except for $145,579 of cash on hand, $61,705,883 of deposits, $5,768,096 of investments in repurchase agreements, $36,496,009 of mutual funds with trustee, and $6,448,594 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 7 – 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 School bonds School tax anticipation notes short-term Principal $ 175,249,004 2,823,368,435 129,984,606 161,151,796 50 Interest Rates Maturities .04 – .08% .03 – 5.13% 1.13 – 5.96% .62% 7/12 – 8/12 7/12 – 6/15 7/12 – 6/17 7/12 Reported Amount $ 174,992,250 2,819,231,968 129,794,168 160,915,695 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 $ 3,629,436,708 $ 3,629,436,708 $ 1,484,230,861 Liabilities - Net assets Net assets held in trust for: Internal participants External participants 2,145,205,847 Total net assets held in trust $ 3,629,436,708 Statement of Changes in Net Assets Total additions $ 23,966,583,964 Total deductions 24,242,639,726 Net increase (decrease) (276,055,762) Net assets held in trust: July 1, 2011 (as restated) 3,905,492,470 June 30, 2012 $ 3,629,436,708 NOTE 9 – 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. Receivables: Taxes Accounts Accrued interest Special assessments Total receivables General Fund Governmental Funds Detention Other Operations Governmental Fund Funds $ 15,989,762 15,958 589,088 $ $ 16,594,808 $ $ 228,296 228,296 $ 2,594,344 397,163 163,100 97,421 3,252,028 Total $ 18,584,106 413,121 980,484 97,421 $ 20,075,132 NOTE 10 – DUE FROM OTHER GOVERNMENTAL UNITS Amounts due from other governmental units at June 30, 2012, of $163,109,995 as reported on the Governmental Funds balance sheet, include $67,777,913, $9,890,495, and $13,836,697 in state-shared revenues for sales taxes, vehicle license taxes, and highway user taxes, respectively; $20,218,494, $1,117,481, and $857,562 in jail tax, waste tire surcharge, and rental car surcharge, respectively, collected by the State but not received by the County; $34,327,976 in various Federal and State grants; $2,974,616 due from other governments for prisoner detention and police services; $4,390,542 due from cities and towns for Flood Control District, Library District, and Transportation Department intergovernmental agreements; and $203,037 of miscellaneous due from the State and local governments. In addition, the County reported $7,515,182 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 measurable and available to finance 51 Notes to the Financial Statements (Continued) 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 Maricopa County 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 11 – INTERGOVERNMENTAL LOANS At June 30, 2012, the County reported intergovernmental loans of $15,882,280. This amount consists of outstanding principal of $15,433,000 and accrued interest of $449,280 for an intergovernmental loan 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 until August 1, 2010, with interest accruable for the second fiveyear period at the rate earned by the County Treasurer on August 1, 2010. The balance of the loan is due August 1, 2015. NOTE 12 – CAPITAL ASSETS Capital asset activity for the year ended June 30, 2012 was as follows: Balance July 1, 2011, 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 Less accumulated depreciation for: Buildings and improvements Machinery and equipment Infrastructure Total Total capital assets being depreciated, net Governmental activities capital assets, net $ Increase 713,552,781 485,238,363 696,584,454 1,895,375,598 $ 11,691,894 174,366,753 25,684,266 211,742,913 Balance June 30, 2012 Decrease $ 2,841,407 402,587,293 2,303,336 407,732,036 $ 722,403,268 257,017,823 719,965,384 1,699,386,475 1,518,062,515 303,157,662 253,889,374 2,075,109,551 334,349,700 38,180,936 17,769,703 390,300,339 587,393 11,971,223 416,161,325 218,265,440 77,432,634 711,859,399 34,957,823 31,573,508 5,340,929 71,872,260 203,943 11,560,844 11,764,787 450,915,205 238,278,104 82,773,563 771,966,872 1,363,250,152 318,428,079 793,829 1,680,884,402 3,258,625,750 $ 530,170,992 1,851,824,822 329,367,375 271,659,077 2,452,851,274 12,558,616 $ 408,525,865 $ 3,380,270,877 The County pledged certain governmental activities land and buildings as collateral for various lease revenue bonds. See Note 14 – Long-term Liabilities for additional information regarding outstanding bonds at June 30, 2012. On July 1, 2011, the County restated governmental activities beginning capital asset balances by $11,852,382 for various adjustments related to the Housing Authority of Maricopa County. In addition, the County adjusted beginning capital asset balances by $10,277,947 for corrections of prior-year construction in progress expenditures. See Note 4 – Beginning Balances Restated for additional information. 52 Notes to the Financial Statements (Continued) Depreciation expense was charged to functions 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 $ 19,157,502 32,637,100 4,309,045 4,328,819 10,213,043 135,592 1,091,159 $ 71,872,260 NOTE 13 – CONSTRUCTION AND OTHER SIGNIFICANT COMMITMENTS At June 30, 2012, 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, Technology Improvement and Energy Conservation Projects, and Construction of Various County Facilities. Transportation Construction Projects At June 30, 2012, the Maricopa County Transportation Department had contractual commitments of $54,452,968 for construction of various roadway projects. At June 30, 2012, the County had spent $77,926,374 on these projects and had related estimated cost of completion based on the project budgets of $370,890,987 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, 2012, the Maricopa County Flood Control District had contractual commitments of $26,721,692 for the construction of various flood control projects. At June 30, 2012, the County had spent $177,987,093 on these projects and had related estimated cost of completion based on the project budgets of $212,231,000, 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). Technology Improvement and Energy Conservation Projects At June 30, 2012, Maricopa County had contractual commitments of $2,947,452 related to major capital projects accounted for in the Technology Capital Improvement Fund (major governmental fund) and Detention Technology Capital Improvement Fund (nonmajor governmental fund) and funded predominantly through transfers from the General Fund and Detention Operations Fund, respectively. At June 30, 2012, the County had spent $40,207,068 on these projects and had related estimated cost of completion based on the project budgets of $263,562,491 of which not all projects may be completed. The County had additional contractual commitments, including retention payable, of $5,751,172 related to major capital improvement energy conservation projects accounted for in the General Fund County Improvements Fund (major governmental fund), Detention Capital Projects Fund (major governmental fund) and in the Transportation Capital Projects Fund (nonmajor governmental fund). Funding for these expenditures will be provided through transfers from the General Fund, Detention Operations Fund, and Transportation Operations Fund, respectively. At June 30, 2012, the County had spent $25,889,112 on these projects and had related estimated cost of completion based on the project budgets of $3,436,843, of which not all projects may be completed. 53 Notes to the Financial Statements (Continued) Construction of Various County Facilities At June 30, 2012, Maricopa County had contractual commitments, including retention payable, of $58,577,065, relating to major capital projects accounted for in the General Fund County Improvements Fund and Detention Capital Projects Fund (major governmental funds) and funded predominantly through transfers from the General Fund and Detention Operations Fund, respectively. At June 30, 2012, the County had spent $337,226,819 on these projects and had related estimated cost of completion based on the project budgets of $73,287,154, of which not all projects may be completed. NOTE 14 – LONG-TERM LIABILITIES The following schedule details the County’s long-term liability and obligation activity for the year ended June 30, 2012. Balance July 1, 2011, as restated Governmental activities: Bonds, loans, and other payables: Lease revenue bonds Certificates of participation Stadium District revenue bonds Stadium District loans Housing Authority loans Special assessment debt with governmental commitment Capital leases $ Plus: bond premium Total bonds, loans, and other payables 142,140,000 2,895,000 34,515,000 8,106,857 2,813,597 Additions $ Reductions Balance June 30, 2012 Due Within One Year $ 11,325,000 2,895,000 3,570,000 1,200,000 25,680 $ 130,815,000 $ 10,465,000 30,945,000 6,906,857 2,787,917 3,760,000 1,200,000 33,280 120,533 432,651 40,483 432,651 80,050 7,520 191,023,638 3,615,891 19,488,814 2,244,230 171,534,824 1,371,661 15,465,800 194,639,529 21,733,044 172,906,485 15,465,800 Other liabilities: Claims and judgments Reported and incurred but not reported claims Liability for closure and postclosure costs Total other liabilities Total governmental activities long-term liabilities $ 3,333,986 171,994 264,958 3,241,022 3,046,997 144,373,256 125,813,828 130,170,487 140,016,597 45,602,680 9,308,551 2,288,596 560,317 11,036,830 593,011 157,015,793 128,274,418 130,995,762 154,294,449 49,242,688 351,655,322 $ 128,274,418 $152,728,806 $ 327,200,934 $ 64,708,488 On July 1, 2011, the County restated governmental activities beginning long-term liabilities balances by $2,813,597 for Housing Authority of Maricopa County loans payable that were recorded by the Housing Authority’s discretely presented component unit. See Note 4 – Beginning Balances Restated for additional information. Bonds, loans, and other payables were as follows at June 30, 2012: Lease Revenue Bonds 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. The bonds are secured by the collateralization of certain County assets. 54 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. The bonds are secured by the collateralization of certain County assets. 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 4.7% to 5.5%, maturing from July 1, 2012 through July 1, 2015, and callable at par plus accrued interest on July 1, 2011. The advance refunded bonds were redeemed July 1, 2011. The bonds are secured by the collateralization of certain County assets. The following Lease Revenue Bonds were outstanding as of June 30, 2012: DESCRIPTION AMOUNT OF ISSUE 2003 Lease Revenue Refunding Bonds 2007A Lease Revenue Bonds 2007B Lease Revenue Refunding Bonds $ 16,880,000 108,100,000 32,840,000 Total $ 157,820,000 INTEREST RATES MATURITY DATES 3.38% 3.50 – 5.00% 4.00 – 5.00% 7-1-12 7-1-12/31 7-1-12/15 OUTSTANDING AT JUNE 30, 2012 $ 320,000 97,655,000 32,840,000 $ 130,815,000 Annual debt service requirements to maturity for the County’s Lease Revenue Bonds are as follows: Governmental Activities Interest Year Ending June 30 Principal 2013 $ 10,465,000 $ 5,585,205 $ 16,050,205 2014 11,375,000 5,118,505 16,493,505 2015 11,840,000 4,579,180 16,419,180 2016 12,470,000 4,016,330 16,486,330 2017 3,660,000 3,657,980 7,317,980 2018-22 21,165,000 15,410,610 36,575,610 2023-27 26,605,000 9,819,300 36,424,300 2028-32 33,235,000 3,159,550 36,394,550 $ 130,815,000 $ 51,346,660 $ 182,161,660 Total Total 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 55 Notes to the Financial Statements (Continued) 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 $37,945,401, payable through June 2019. Principal and interest paid for the current year and total car rental surcharge revenues were $5,420,719 and $5,191,681, respectively. The Stadium District had the following revenue bonds outstanding at June 30, 2012: DESCRIPTION AMOUNT OF ISSUE 2002 Revenue Refunding Bonds $ INTEREST RATE MATURITY DATES 5.375% 6-1-13/19 58,225,000 OUTSTANDING AT JUNE 30, 2012 $ 30,945,000 Annual debt service requirements to maturity for Stadium District bonds are as follows: Governmental Activities Year Ending June 30 2013 2014 2015 2016 2017 2018 - 19 Total Principal $ 3,760,000 3,960,000 4,170,000 4,395,000 4,635,000 10,025,000 $ 30,945,000 $ $ Interest 1,663,294 1,461,194 1,248,344 1,024,206 787,975 815,388 7,000,401 Stadium District Loans Payable On September 10, 2007, the Stadium District entered into a cost-sharing agreement with the Arizona Professional Baseball Team Limited Partnership (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 2013 2014 2015 2016 2017 2018-2021 Total $ $ Principal 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 906,857 6,906,857 Housing Authority of Maricopa County Loans Payable On February 23, 2004, the Housing Authority of Maricopa County’s component unit, Rose Terrace Development Partnership, L.L.C., entered into a mortgage note payable with John Hancock Life Insurance Company. The note is amortized over a 30-year period, bears an interest rate of 8.13%, and is 56 Notes to the Financial Statements (Continued) collateralized by investment in real estate. Monthly installments of principal and interest are payable in the amount of $17,574, and all accrued and unpaid interest is due and payable March 1, 2021. At June 30, 2012, the balance on this note was $2,217,917. The Housing Authority of Maricopa County’s Component Unit, Maricopa Revitalization Partnership, L.L.C., has a promissory note payable to Community Service of Arizona, Inc. The note bears an interest rate of 0.50% and is collateralized by investment in real estate. The balance on this note shall be paid at the earlier of the date of sale of the property; breach of covenant, condition or restriction; or 15 years after the date of the project completion. At June 30, 2012, the balance on this note was $570,000. Annual debt service requirements to maturity for Housing Authority loans payable are as follows: Governmental Activities Year Ending June 30 2013 2014 2015 2016 2017 2018-2021 Principal 33,280 36,089 39,134 42,437 46,019 2,590,958 2,787,917 $ $ Total 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 $507,988 in special assessment bonds. The proceeds were used to finance construction projects in these districts. Total principal remaining to be paid on these bonds is $80,050 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 $46,933 and $22,013, respectively. Special assessment bonds currently outstanding for governmental activities are as follows: AMOUNT OF ISSUE DESCRIPTION Queen Creek Water 7th Street North Plymouth Street Total $ 301,960 60,059 145,969 $ 507,988 INTEREST RATES MATURITY DATES 4.875% 8.000% 8.000% 7-1-12/17 1-1-13/14 7-1-12/18 OUTSTANDING AT JUNE 30, 2012 $ 10,348 10,828 58,874 $ 80,050 Annual debt service requirements to maturity for special assessment debt with governmental commitment are as follows: Governmental Activities Year Ending June 30 2013 2014 2015 2016 2017 2018 Total Principal $ $ 7,520 7,730 4,643 12,915 16,321 30,921 80,050 57 Interest $ $ 6,000 5,491 4,810 4,161 3,046 2,378 25,886 Notes to the Financial Statements (Continued) Funding Source for Governmental Activities Liabilities Governmental Funds Liabilities Funding Source Lease revenue bonds Stadium District revenue bonds Stadium District loans Housing Authority loans Special assessment debt with governmental commitment Claims and judgments County Improvement Debt Fund Stadium District Debt Service Fund (nonmajor debt service fund) Ballpark Operations Fund (nonmajor special revenue fund) Housing Authority Fund (nonmajor special revenue fund) Special Assessment Fund (nonmajor debt service fund) General Fund, Solid Waste Management Fund (nonmajor special revenue fund) and Risk Management Fund (internal service fund) Risk Management Fund and Employee Benefits Trust Fund (internal service funds) Solid Waste Management Fund (nonmajor special revenue fund) Reported and incurred but not reported claims Liability for closure and postclosure costs 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, 2012, the allowable six and fifteen percent limits were $2,325,617,790 and $5,814,044,475, respectively. The County had no outstanding general obligation debt at June 30, 2012, 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, 2012, the County had no arbitrage liability. NOTE 15 – 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. The County’s last remaining landfill stopped accepting waste May 2007 and the final cover was completed in October 2010. At June 30, 2012, the County updated the estimates 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 $11,036,830. The County’s estimate for closure and postclosure care requirements for the five landfills are subject to change due to inflation, changes in technology, 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 2012. 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. 58 Notes to the Financial Statements (Continued) NOTE 16 – MUNICIPAL REVOLVING LINE OF CREDIT AND IRREVOCABLE STANDBY LETTER OF CREDIT On July 1, 2011, the County entered into a $35,000,000 municipal revolving line of credit with qualified interest rate of 61% and non-qualified interest rate of 66% of the bank’s prime rate which had a maturity date of June 30, 2012. Outstanding principal and interest is due on June 30 of each year. During fiscal year 2012, the County had not borrowed against the line of credit. The municipal revolving line of credit was renewed to June 30, 2013. On July 1, 2011, the County maintained a $5,649,751 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, 2012. The letter of credit was reserved against the municipal revolving line of credit. During fiscal year 2012, the letter of credit had not been drawn upon. The irrevocable standby letter of credit was renewed to June 30, 2013, for $6,482,298. NOTE 17 – 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 $11,445,464 for the year ended June 30, 2012. 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, 2012, are as follows: Governmental Activities $ 11,056,826 10,036,598 8,357,930 6,290,149 2,572,725 2,329,153 Year Ending June 30 2013 2014 2015 2016 2017 2018-20 Total minimum payments required $ 40,643,381 NOTE 18 – RISK MANAGEMENT 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 resulting from these risks 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 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, 2012, for each insurable area follow: 59 Notes to the Financial Statements (Continued) Auto liability General liability Workers’ compensation Medical malpractice Auto physical damage Property Professional liability Environmental property damage Environmental liability Unallocated Total $ $ 3,198,928 78,754,992 15,748,934 15,933,515 425,260 228,068 194,848 3,580,145 4,230,669 6,785,271 129,080,630 Changes in the unpaid claims liability reported in the Risk Management Fund follow: Year 2009-10 2010-11 2011-12 Balance July 1 $ 62,429,120 90,415,628 132,258,187 Current-Year Claims And Changes In Estimates $ 37,749,796 53,447,553 12,637,627 Claims Payments $ (9,763,288) (11,604,994) (15,815,184) Balance June 30 $ 90,415,628 132,258,187 129,080,630 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 2012 actuarial reports. Accrued actuarial liabilities at June 30, 2012, for each insurable area follow: Medical Dental Short-term disability Behavioral health Vision Total $ $ 9,788,419 484,345 323,861 231,766 107,576 10,935,967 Changes in the unpaid claims liabilities reported in the Employee Benefits Trust Fund follow: Year 2009-10 2010-11 2011-12 Balance July 1 $ 11,497,701 8,505,030 12,115,069 Current-Year Claims And Changes In Estimates $ 98,619,427 110,744,864 113,176,201 Claims Payments $ (101,612,098) (107,134,825) (114,355,303) Balance June 30 $ 8,505,030 12,115,069 10,935,967 Other Claims The County has exposure to the following claim areas carrying no commercial insurance: Indigent Health Care Litigation - At June 30, 2012, 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. In June 2012, the County began arbitration on these claims and as of June 30, 2012, the estimated liability to the County was $30 to $35 million. However, through the arbitration process, the County settled these claims for $45 million, which was paid in December 2012. As such, the 60 Notes to the Financial Statements (Continued) County accrued a liability for the full settlement amount of $45 million, which is reported as claims payable in the General Fund. NOTE 19 – 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, 2012, the County reported $3,241,022 of 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, 2012, the County had several facilities under consideration for demolition or renovation. The County’s reported pollution remediation liability is an estimate provided by a professional environmental consultant. The estimate accounts for pre-cleanup and cleanup activities. 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. An audit of Countyowned facilities was conducted to ensure compliance with federal regulations. The County’s reported pollution remediation liability is an estimate provided by a professional environmental consultant. The estimate accounts for pre-cleanup activities, including an engineering study which recommended a method for collecting and containing stormwater runoff. Loop 303 Parkway – In June 2012, an environmental site characterization was conducted during the construction of the Loop 303 Parkway. In compliance with Arizona Department of Environmental Quality (ADEQ) Soil Remediation Levels, Arizona Administrative Code Title 18, Chapter 7, Article 2; the County will excavate and properly dispose of contaminated soil in fiscal year 2013. The County’s reported pollution remediation liability is an estimate provided by a professional environmental consultant. The estimate consists of the costs for soil excavation, disposal, and additional sampling. Landfills – Criteria for Municipal Solid Waste Landfills – Closure and Post-Closure Care, 40 CFR §258 F, requires the implementation, operation, and maintenance of ground water and gas monitoring systems. A review of the County landfills was conducted to ensure compliance with federal regulations. The County’s reported pollution remediation liability is an estimate provided by a professional environmental consultant. The estimate accounts for the design and construction of additional gas probes and ground water analysis. CERCLA Cost Recovery Claim – The County, along with numerous other entities, was named as a potential responsible party under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), 42 U.S.C. §9607(a). The Notice of Claim was based upon allegations that the County owned the properties which were acquired in the 1970’s from a solvent manufacturer. In 2001, the County (and other parties) entered into a Consent Decree with ADEQ. Maricopa County also has estimated and reported a pollution remediation obligation in the Risk Management internal service fund financial statements for the current or potential detrimental effects of existing pollution. These obligations are categorized under environmental property damage and environmental liability in Note 18 – Risk Management. At June 30, 2012, the County reported $5,582,351 of reported but unpaid claims, which is comprised of the following pollution remediation obligations. Cave Creek Landfill – The County has entered into a Consent Decree with ADEQ to evaluate the Cave Creek Landfill as a source of groundwater contamination. The County’s reported pollution remediation liability is an 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. 61 Notes to the Financial Statements (Continued) 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 CERCLA, 42 U.S.C. §9605(a)(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. The County’s reported pollution remediation liability is an estimate provided by a professional environmental consultant. Vehicle Wash Facility – In June 2011, the Vehicle Wash Facility was removed as part of a project upgrade. During the removal process, possible soil contamination was observed. In order to determine if there was contamination pursuant to Arizona Department of Environmental Quality Soil Remediation Levels, Arizona Administrative Code Title 18, Chapter 7, Article 2; the County began a characterization of possible contamination, if any. The County’s reported pollution remediation liability is an estimate provided by a professional environmental consultant. The estimate consists of the costs for the site characterization. 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 20 – PENSIONS AND OTHER POSTEMPLOYMENT BENEFITS Plan Descriptions The County contributes to the four retirement 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 as 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, 62 Notes to the Financial Statements (Continued) is governed by a seven member board, known as The Board of Trustees, 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 Board of Trustees 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 Board of Trustees 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. 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 Ave. P.O. Box 33910 Phoenix, AZ 85067-3910 (602) 240-2000 or (800) 621-3778 www.azasrs.gov PSPRS, CORP, EORP 3010 E. Camelback Rd., 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, 2012, active ASRS members were required by statute to contribute at the actuarially determined rate of 10.74 percent (10.5 percent for retirement and 0.24 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 10.74 percent (9.87 percent for retirement, 0.63 percent for health insurance premium, and 0.24 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: Health Benefit Long-Term Year ended June 30 Retirement Fund Supplement Fund Disability Fund 2012 $ 40,452,230 $ 2,582,057 $ 983,214 2011 37,189,491 2,435,272 1,031,462 2010 34,698,556 2,745,929 1,663,726 Agent Plans - For the year ended June 30, 2012, active PSPRS (Maricopa County Sheriff) members were required by statute to contribute 8.65 percent of the members’ annual covered payroll, and the County was required to contribute 25.13 percent, the aggregate of which is the actuarially required amount. The health insurance premium portion of the contribution rate was actuarially set at 1.67 percent of covered payroll. Active PSPRS (Maricopa County Attorney Investigators) members were required by statute to contribute 8.65 percent of the members’ annual covered payroll, and the County was required to contribute 38.99 percent, the aggregate of which is the actuarially required amount. The health insurance premium portion of the contribution rate was actuarially set at 1.61 percent of covered payroll. Active 63 Notes to the Financial Statements (Continued) 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 8.49 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 0.94 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 13.13 percent. The health insurance premium portion of the contribution rate was set at 1.43 percent of covered payroll. Active EORP members were required by statute to contribute 10 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 17.96 percent of the members’ annual covered payroll. The health insurance premium portion of the contribution rate was actuarially set at 1.79 percent of covered payroll. Actuarial methods and assumptions – The contribution requirements for the year ended June 30, 2012, were established by the June 30, 2010, actuarial valuations, and those actuarial valuations were based on the following actuarial methods and assumptions. All participating employers in the CORP Administrative Office of the Courts (AOC) are accounted for as one group within the Corrections Officer Retirement Plan and, as such, an actuarial valuation of CORPAOC is only performed for the group as a whole. Therefore, actuarial information and certain trend information for the County, as a participating government, are not available. 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 2012 contribution requirements, are as follows: Actuarial valuation date Actuarial cost method Amortization method Remaining amortization period Asset valuation method Actuarial assumptions: Investments rate of return Projected salary increases includes inflation at June 30, 2010 Projected unit credit Level percent closed for unfunded actuarial accrued liability, open for excess 26 years for unfunded actuarial accrued liability, 20 years for excess 7-year smoothed market value 8.5% 5.5%-8.50% for PSPRS and CORP, 5% for EORP 5.5% for PSPRS and CORP; 5% for EORP 64 Notes to the Financial Statements (Continued) Annual Pension Cost/OPEB Cost - The County’s pension/OPEB cost for the agent plans for the year ended June 30, 2012, and related information follows. (Sheriff) PSPRS (Investigators) CORP (Corrections) EORP Pension: Annual pension/OPEB cost Contributions made $ 8,663,626 8,663,626 $ 313,766 313,766 $ 6,453,234 6,453,234 $ 8,233,336 8,233,336 Health Insurance: Annual pension/OPEB cost Contributions made $ 774,910 774,910 $ 13,759 13,759 $ 913,646 913646 $ 461,136 461,136 Trend Information – Annual pension cost information for the current and two preceding years for each of the agent plans follows. Plan Year Ended June 30, 2012 Pension: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) EORP Health Insurance: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) EORP Year Ended June 30, 2011 Pension: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) EORP Health Insurance: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) EORP Year Ended June 30, 2010 Pension: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) EORP Health Insurance: PSPRS (Sheriff) PSPRS (Investigators) CORP (Corrections) EORP Contributions Required and Contributions Made Annual Pension/OPEB Percentage of APC Cost (APC) Contributed Net Pension/OPEB Obligation $ 8,663,626 313,766 6,453,234 8,233,336 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 $ 774,910 13,759 913,646 461,136 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 $ 8,245,124 232,836 5,466,938 8,582,605 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 $ 749,708 15,384 846,700 441,706 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 $ 8,626,734 186,669 6,887,446 6,841,525 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 $ 661,753 13,112 666,285 341,585 100.0% 100.0% 100.0% 100.0% $ 0 0 0 0 65 Notes to the Financial Statements (Continued) Funded Status - The funded status of the plans as of the most recent valuation date, June 30, 2011, along with the actuarial assumptions and methods used in those valuations follow. 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 multipleemployer plan. The Board of Trustees 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. PSPRS Sheriff Actuarial accrued liability (a) Actuarial value of assets (b) Unfunded actuarial accrued liability (funding excess) (a)–(b) Funded ratio (b)/(a) Annual covered payroll (c) Unfunded actuarial accrued liability as a % of covered payroll (a)–(b)]/(c) CORP Corrections Investigators Pension Health Insurance Pension Health Insurance Pension Health Insurance $339,997,849 $ 8,649,614 $ 8,963,566 $ 160,820 $275,304,660 $ 9,289,383 $197,115,792 $ 0 $ 3,926,787 $ 0 $ 194,081,165 $ $142,882,057 $ 8,649,614 $ 5,036,779 $ 160,820 $ 81,223,495 $ 9,289,383 0 58.0% 0.0% 43.8% 0.0% 70.5% 0.0% $ 37,558,838 $37,558,838 $ 840,022 $ 840,022 $ 86,771,260 $86,771,260 380.4% 23.0% 599.6% 19.1% 93.6% 10.7% 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, 2012 Entry age normal Level percent-of-pay closed 25 years for unfunded actuarial accrued liability, 20 years for excess 7-year smoothed market 8.25% 5%-8% for PSPRS and CORP, 4.5% for EORP 5% for PSPRS and CORP; 4.5% for EORP NOTE 21 – INTERFUND BALANCES AND ACTIVITY Interfund receivables and payables – interfund balances at June 30, 2012, were as follows: Payable from General Fund County Improvements Fund Nonmajor Governmental Funds Internal Service Funds Total Due From Payable To Nonmajor General Governmental Fund Funds $ 45,000,000 $ 6,383,741 26,022 484,650 $ 51,868,391 $ 26,022 Total Due To $ 45,000,000 6,409,763 484,650 $ 51,894,413 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, 2012. 66 Notes to the Financial Statements (Continued) Interfund transfers – interfund transfers for the year ended June 30, 2012, were as follows: Transfers In Transfers Out General Fund General Fund $ Detention Operations Fund Detention Capital Projects Fund County Improvement Debt Fund $ 182,706,088 $ General Fund County Improvements Fund $ Detention Operations Fund $ 109,966,775 Technology Capital Improvement Fund $ 64,836,373 16,000,000 General Fund County Improvements Fund Internal Service Funds Total Transfers In $ Internal Service Funds 15,340,672 Total Transfers Out $ 2,716,418 $ 375,566,326 3,349,950 19,349,950 22,438,376 22,438,376 Detention Capital Projects Fund Nonmajor Governmental Funds Nonmajor Governmental Funds 1,351 1,140,559 $ 1,351 $ 182,706,088 $ 23,578,935 2,272,853 5,700,000 5,700,000 76,106,492 79,521,255 27,364 $ 16,000,000 $ 112,239,628 $ 64,836,373 27,364 $ 100,524,478 $ 2,716,418 $ 502,603,271 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: Due From Other Funds Funds MAJOR FUNDS General Fund $ 51,868,391 Due To Other Funds $ $ Special Revenue Funds Detention Operations 1,351 182,706,088 Debt Service Funds County Improvement Debt Transfers Out $ 375,566,326 19,349,950 23,578,935 Capital Projects Funds General Fund County Improvements Detention Capital Projects Technology Capital Improvement NONMAJOR FUNDS Special Revenue Funds Air Quality Fees Air Quality Grants Animal Control Field Operations Animal Control License/Shelter Ballpark Operations Cactus League Operations CDBG Housing Trust Clerk of the Court Grants Correctional Health Grants County Attorney RICO Environmental Services Environmental Health Environmental Services Grants Flood Control Flood Control Grants Human Services Grants Inmate Services Library District Grants Medical Examiner Grants Parks Enhancement Parks Souvenir Planning and Development Fees Public Health Public Health Fees Sheriff Grants Sheriff RICO Solid Waste Management Transportation Grants Transportation Operations Trial Court Grants Transfers In 45,000,000 322,188 167,400 8,333 26,022 7,640 2,153,505 18,382 3,319,273 124,374 44,175 13,244 12,470 67 22,438,376 5,700,000 41,823 115,500 252,127 7,450 152,973 41,936 23,870 Debt Service Funds Stadium District Debt Service 112,239,628 16,000,000 64,836,373 106,528 1,034,031 2,169,847 36,757 45,016,966 15,015,259 61,082 125,000 61,082 29,186 240,338 5,500 5,500 28,411,416 1,200,000 115,500 Notes to the Financial Statements (Continued) Due From Other Funds Funds Due To Other Funds Transfers In Capital Projects Funds Detention Technology Capital Improvement Flood Control Capital Projects Intergovernmental Capital Projects Long Term Project Reserve Transportation Capital Projects 9,049,950 45,000,000 125,000 969,847 28,411,416 Internal Service Funds Telecommunications Risk Management Sheriff Warehouse Total Transfers Out 51,894,413 $ 51,894,413 20,846 6,518 2,716,418 484,650 $ 2,438,628 $ 502,603,271 $ 502,603,271 NOTE 22 – SUBSEQUENT EVENTS On August 1, 2012, the Maricopa County Stadium District issued Revenue Refunding Bonds, Series 2012 in the amount of $25,140,000 (par value) with an interest rate of 2.28% maturing on June 1, 2019. The net proceeds, along with $6,277,014 of Stadium District funds will be used to advance refund the Revenue Refunding Bonds, Series 2002 which mature on June 1, 2013 through June 1, 2019. The outstanding bonds are redeemable at par plus accrued interest on September 5, 2012. The total principal to be refunded is $30,945,000. 68 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, 2012 Variance With Final Budget - Budgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes Licenses and permits $ 496,131,017 $ 496,131,017 $ 500,199,199 $ 4,068,182 2,203,000 2,203,000 1,913,678 (289,322) 497,408,579 497,428,550 530,821,947 33,393,397 Charges for services 40,008,037 39,969,276 40,081,935 112,659 Fines and forfeits 14,036,087 14,036,087 12,151,025 (1,885,062) 3,680,426 5,000,000 3,679,279 5,000,000 8,678,147 6,564,308 4,998,868 1,564,308 1,058,467,146 1,058,447,209 1,100,410,239 41,963,030 Intergovernmental Miscellaneous Interest income Total revenues EXPENDITURES General government County Assessor 23,327,979 23,327,979 22,522,615 805,364 Board of Supervisors 3,387,115 3,387,115 2,885,476 501,639 County Call Center 1,573,565 1,573,565 1,526,162 47,403 County Managers Office 4,884,709 4,841,287 3,079,595 1,761,692 14,368,149 14,368,149 10,781,153 3,586,996 Enterprise Technology 8,449,211 8,449,211 7,921,874 527,337 Finance 3,598,613 3,598,613 3,050,186 548,427 Internal Audit 1,590,290 1,590,290 1,580,240 10,050 Management & Budget 3,224,295 3,224,295 2,912,876 311,419 Elections Materials Management 2,099,903 2,304,461 1,931,093 373,368 49,056,060 51,391,493 35,189,383 16,202,110 2,251,263 2,251,683 1,838,034 413,649 362,739 362,739 282,402 80,337 4,267,568 4,267,568 4,257,940 9,628 3,046,837 171,861,456 3,046,837 68,310,061 2,860,061 63,453,713 186,776 4,856,348 297,349,752 196,295,346 166,072,803 30,222,543 Adult Probation 54,654,939 50,793,780 50,487,729 306,051 Clerk of Superior Court 30,561,351 30,546,655 28,971,457 1,575,198 Constables 2,668,485 2,754,673 2,672,915 81,758 Correctional Health 3,071,763 3,071,763 3,050,084 21,679 60,070,204 60,070,204 58,134,153 1,936,051 9,903,083 9,903,083 8,482,694 1,420,389 236,250 236,250 216,520 19,730 15,615,281 15,665,741 14,867,268 798,473 Public Works Recorder Research and Reporting Treasurer Workforce Management and Development General Government Total general government Public safety County Attorney County Attorney Civil Emergency Management Justice Courts Juvenile Defender 5,989,844 5,939,844 5,889,597 50,247 Juvenile Probation 16,756,982 16,614,533 16,267,199 347,334 The note to the budgetary comparison schedules are an integral part of this schedule 71 (continued) Maricopa County Required Supplementary Information Budgetary Comparison Schedule General Fund (Continued) For the Fiscal Year Ended June 30, 2012 Variance With Final Budget - Budgeted Amounts Original Actual Amounts Final Positive (Negative) Public safety (cont.) Legal Defender $ Medical Examiner 10,268,731 $ 10,168,731 $ 10,123,209 $ 45,522 6,911,513 6,911,513 6,897,366 14,147 Office Contract Counsel 25,893,853 28,843,853 28,779,310 64,543 Office of Legal Advocate 9,256,389 9,206,389 9,166,329 40,060 Planning and Development 1,015,855 1,015,855 704,909 310,946 Public Defender 32,986,216 32,736,216 32,563,975 172,241 Public Fiduciary 3,100,020 3,100,020 2,816,393 283,627 74,452,020 76,556,676 78,064,245 76,429,045 75,844,751 75,540,364 2,219,494 888,681 439,969,455 442,072,393 431,476,222 10,596,171 1,373,295 1,373,295 1,238,251 135,044 257,903 257,903 257,441 462 Sheriff Trial Courts Total public safety Health, welfare and sanitation Air Quality Animal Control Services Environmental Services Health Care Programs Human Services Public Health Total health, welfare and sanitation 4,326,249 4,326,249 4,123,286 202,963 237,003,448 237,003,448 231,934,116 5,069,332 2,260,912 11,034,496 2,260,912 11,034,496 2,120,372 10,438,756 140,540 595,740 256,256,303 256,256,303 250,112,222 6,144,081 1,098,011 1,098,011 1,097,796 215 2,087,883 2,087,883 2,087,624 259 996,761,404 897,809,936 850,846,667 46,963,269 61,705,742 160,637,273 249,563,572 88,926,299 (287,111,445) 1,351 (386,044,327) 1,351 (375,566,326) 10,478,001 (287,111,445) (386,042,976) (375,564,975) 10,478,001 (225,405,703) (225,405,703) (126,001,403) 99,404,300 384,405,703 384,405,703 429,402,403 44,996,700 (465,909) (465,909) 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 Change in nonspendable resources: Decrease in inventories Fund balance – ending of period $ 159,000,000 $ 159,000,000 The note to the budgetary comparison schedules are an integral part of this schedule. 72 $ 302,935,091 $ 143,935,091 Maricopa County Required Supplementary Information Budgetary Comparison Schedule Detention Operations Fund For the Fiscal Year Ended June 30, 2012 Variance With Final Budget - Budgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes $ 109,584,249 $ 109,584,249 $ Intergovernmental Charges for services Interest income Miscellaneous Total revenues 118,052,954 $ 8,468,705 2,241,068 2,241,068 30,664,116 30,664,116 27,382,452 (3,281,664) 2,000,000 18,000 2,000,000 18,000 2,340,568 48,583 340,568 30,583 142,266,365 142,266,365 150,065,625 7,799,260 348,103,630 1,520,000 352,050,611 1,520,000 291,211,277 1,246,615 60,839,334 273,385 349,623,630 353,570,611 292,457,892 61,112,719 (207,357,265) (211,304,246) (142,392,267) 68,911,979 178,759,107 (19,349,950) 182,706,088 (19,349,950) 182,706,088 (19,349,950) 159,409,157 163,356,138 163,356,138 (47,948,108) (47,948,108) 20,963,871 68,911,979 47,948,108 47,948,108 56,935,901 8,987,793 (46,315) (46,315) 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 Change in nonspendable resources: Decrease in inventories Fund balance – ending of period $ $ The note to the budgetary comparison schedules are an integral part of this schedule 73 $ 77,853,457 $ 77,853,457 Maricopa County Required Supplementary Information Note to Budgetary Comparison Schedules June 30, 2012 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. However, in the General Fund, the County records capital outlay expenditures by the expenditure function and department. 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, Emancipation Administrative Costs, Housing Authority, Officer Safety Equipment, 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. 74 Maricopa County Required Supplementary Information Schedule of Agent Retirement Plans’ Funding Progress June 30, 2012 Public Safety Personnel Retirement System (1) (2) (3) Unfunded actuarial accrued liability (UAAL) (2)-(1) (4) (5) Actuarial value of assets Actuarial accrued liability Funded ratio (1)/(2) Annual covered payroll $ 197,115,792 196,391,900 187,743,372 $ 339,997,849 311,167,927 281,045,364 $ 142,882,057 114,776,027 93,301,992 58.0% 63.1% 66.8% $ 37,558,838 39,073,987 41,689,799 380.4% 293.7% 223.8% $ 0 0 0 $ 8,649,614 8,648,070 7,474,553 $ 8,649,614 8,648,070 7,474,553 0.0% 0.0% 0.0% $ 37,558,838 39,073,987 41,689,799 23.0% 22.1% 17.9% $ 3,926,787 4,012,324 4,319,676 $ 8,963,566 8,233,625 7,964,961 $ 5,036,779 4,221,301 3,645,285 43.8% 48.7% 54.2% $ 840,022 733,293 767,797 599.6% 575.7% 474.8% $ 0 0 0 $ 160,820 150,045 126,203 $ 160,820 150,045 126,203 0.0% 0.0% 0.0% $ 840,022 733,293 767,797 19.1% 20.5% 16.4% Actuarial Valuation Date Sheriff Pension 6/30/2012 6/30/2011 6/30/2010 Health Insurance 6/30/2012 6/30/2011 6/30/2010 Investigators Pension 6/30/2012 6/30/2011 6/30/2010 Health Insurance 6/30/2012 6/30/2011 6/30/2010 (6) UAAL as a percentage of covered payroll (3)/(5) Corrections Officer Retirement Plan (1) (2) Actuarial value of assets Actuarial accrued liability $ 194,081,165 187,197,363 172,709,875 $ Actuarial Valuation Date Correction Officers Pension 6/30/2012 6/30/2011 6/30/2010 Health Insurance 6/30/2012 6/30/2011 6/30/2010 0 0 0 (3) Unfunded actuarial accrued liability (UAAL) (2)-(1) (4) (5) Funded ratio (1)/(2) Annual covered payroll $ 275,304,660 243,490,591 204,757,256 $ 81,223,495 56,293,228 32,047,381 70.5% 76.9% 84.3% $ 86,771,260 82,423,468 87,326,372 93.6% 68.3% 36.7% $ $ 0.0% 0.0% 0.0% $ 86,771,260 82,423,468 87,326,372 10.7% 11.7% 7.9% 9,289,383 9,629,968 6,875,978 9,289,383 9,629,968 6,875,978 See accompanying note to the schedule of agent retirement plans’ funding status. 75 (6) UAAL as a percentage of covered payroll (3)/(5) Maricopa County Required Supplementary Information Note to Schedule of Agent Retirement Plans’ Funding Progress June 30, 2012 NOTE 1 – ACTUARIAL INFORMATION AVAILABLE 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 Board of Trustees 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. All participating employers in the CORP Administrative Office of the Courts (AOC) are accounted for as one group within the Corrections Officer Retirement Plan and, as such, an actuarial valuation of CORP-AOC is only performed for the group as a whole. Therefore, actuarial information for the County, as a participating government, is not available and is excluded from the schedule. 76 Maricopa County Required Supplementary Information Modified Approach for Infrastructure Assets For the Fiscal Year Ended June 30, 2012 Condition Rating of Maricopa County Roadway System Percentage of Lane Miles in Very Good or Excellent Condition (71-100) Roadway System FY 2012 88% FY 2011 87% FY 2010 87% FY 2009 86% FY 2008 84% Percentage of Lane Miles in Substandard Condition < 55 Roadway System FY 2012 FY 2011 FY 2010 FY 2009 FY 2008 1% 1% 1% 1% 2% Comparison of Estimated to Actual Maintenance/Preservation Estimated Actual FY 2012 FY 2011 FY 2010 FY 2009 $ 34,788,600 $ 30,800,046 $ 24,225,831 $ 29,714,126 $ 33,256,730 $ 26,678,268 $ 10,343,500 $ 12,525,108 FY 2008 $ 11,473,000 $ 11,236,488 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 2012 99% FY 2011 99% FY 2010 99% FY 2009 97% FY 2008 99% Percentage of Bridges with a Sufficiency Rating < 50 Bridge System FY 2012 0% FY 2011 0% FY 2010 0% FY 2009 0% FY 2008 0% Comparison of Estimated to Actual Maintenance/Preservation Estimated Actual FY 2012 $5,610,000 $5,472,568 FY 2011 $4,517,000 $2,150,411 FY 2010 $1,730,000 $ 966,743 FY 2009 $2,820,000 $ 955,766 FY 2008 $ 473,000 $ 151,752 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). . 77 78 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). 81 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. 82 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. Housing Authority — (Fund 590) Accounts for the activities of the Housing Authority of Maricopa County. 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 Photo Enforcement – (Fund 237) Established by the Board of Supervisors on November 4, 2009 (C24-10-001-M-00) to account for the Justice Courts fee revenue and operating expenditures associated with photo radar traffic enforcement. 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. 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. 83 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. Officer Safety Equipment — (Fund 206) Accounts for the assessments that are received by the County for investigations or issued citations pursuant to A.R.S. §12-116.04. The monies in the fund should be used to supplement, not supplant, monies available for officer safety equipment. 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. 84 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Public Health Fees — (Fund 265) Accounts for public health programs that are self-supported by Vital Health fees and pharmacy operations. 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 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. 85 Maricopa County Listing of Nonmajor Governmental Funds (Continued) Trial Court Grants — (Fund 238) Grant funds are used for drug enforcement accounting, court appointed special advocates and case processing assistance. 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 (75 percent 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 Detention Technology Capital Improvement — (Fund 461) Established by the Board of Supervisors to account for Detention Fund resources restricted for technology improvement projects consistent with A.R.S. §42-6109.01. 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. 86 87 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds June 30, 2012 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 2,390,145 2,643,494 Receivables 137,826 1,092 5,334,954 1,622,647 3,693 1,221 Due from other funds Due from other governmental units 349,673 687,836 Inventories Miscellaneous Cash and investments held by trustee – restricted Total assets $ 2,390,145 $ 2,644,586 $ 487,499 $ $ 158,115 $ 73,803 $ 182,044 $ 5,338,697 $ 687,836 $ 77,320 $ 313,161 $ 1,623,868 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable Employee compensation payable 884 38,103 120,094 20,065 3950 37,415 Accrued liabilities Due to other funds 322,188 Interest payable Notes payable Special assessment debt with governmental commitment Advances Deferred revenue 627,357 66,410 Deposits held for other parties 158,115 74,687 2,232,030 2,569,899 Total fund balances 2,232,030 2,569,899 Total liabilities and fund balances $ 2,390,145 Total liabilities 847,504 197,414 721,824 41,365 Fund balances: Nonspendable Restricted 5,141,283 1,582,503 Committed Assigned (360,005) Unassigned $ 2,644,586 88 (33,988) (360,005) $ 487,499 5,141,283 $ 5,338,697 (33,988) $ 687,836 1,582,503 $ 1,623,868 SPECIAL REVENUE FUNDS Animal Animal Control Grants Control License/Shelter $ $ 1,221,921 2,680 Ballpark Operations $ 83,724 Cactus CDBG Check Child League Operations Housing Trust Enforcement Program Support Enhancement $ $ 5,258,222 9,359,948 3,665,264 3,676 6,417 2,501 $ 435,042 300 $ 262,916 649,445 443 1,171,084 66,763 108,853 $ 1,221,921 $ 5,331,341 $ 9,558,942 $ 3,667,765 $ 1,606,126 $ 263,216 $ $ 151,304 $ 193,602 $ 8,770 $ 1,001 $ 747,574 $ 1,554 $ 4,719 92,214 6,513 7,557 28,500 649,888 4,075 1,083,394 184,523 285,816 15,283 1,001 1,037,398 4,978,762 9,543,659 3,666,764 1,037,398 5,045,525 9,543,659 3,666,764 1,838,525 5,629 66,763 257,587 649,888 257,587 649,888 (232,399) $ 1,221,921 $ 5,331,341 $ 9,558,942 $ 3,667,765 (232,399) $ 1,606,126 $ 263,216 $ 649,888 (continued on next page) 89 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2012 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 467,723 207,260 Receivables 3,157,134 622,168 2,019 389 Due from other funds Due from other governmental units 167,400 Inventories Miscellaneous Cash and investments held by trustee – restricted Total assets $ 467,723 $ 207,260 $ 3,159,153 $ 58 $ 276,228 $ 167,400 $ 622,557 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ $ Employee compensation payable 33,665 27,848 $ 3,647 Accrued liabilities Due to other funds 167,400 Interest payable Notes payable Special assessment debt with governmental commitment Advances Deferred revenue Deposits held for other parties 33,723 304,076 467,723 173,537 2,855,077 467,723 173,537 2,855,077 Total liabilities 171,047 Fund balances: Nonspendable Restricted 622,557 Committed Assigned (3,647) Unassigned Total fund balances Total liabilities and fund balances $ 467,723 $ 207,260 90 $ 3,159,153 (3,647) $ 167,400 622,557 $ 622,557 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 $ $ $ 716,387 $ 508,214 1,052,909 $ 5,047,962 473 8,333 $ $ 1,550,236 1,255,169 571,527 1,014 730 384 593,654 92,210 $ 8,333 $ $ 716,860 $ $ $ 26,416 1,194,078 $ 6,100,871 $ 3,004 $ 86,497 $ 79,329 1,551,250 $ 1,255,899 $ 5,994 $ 256,601 $ 571,911 22,553 19,711 24,296 1,927,646 28,547 276,312 24,296 4,173,225 1,522,703 979,587 547,615 4,173,225 1,522,703 979,587 547,615 8,333 1,199,013 1,841,149 8,333 26,416 1,281,346 690,444 (87,268) 690,444 $ 8,333 $ 716,860 (87,268) $ 1,194,078 $ 6,100,871 $ 1,551,250 $ 1,255,899 $ 571,911 (continued on next page) 91 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2012 SPECIAL REVENUE FUNDS Domestic Del Webb Relations Special Revenue Mediation Education Diversion Emancipation Elections Grants Administrative Costs Emergency Management $ $ ASSETS Cash in bank and on hand $ $ $ $ Cash and investments held by County Treasurer Receivables 512,853 2,862,069 350 1,959 96,463 2,181,700 5,191 41,498 Due from other funds Due from other governmental units 158,337 Inventories Miscellaneous Cash and investments held by trustee – restricted Total assets $ 513,203 $ 2,864,028 $ 96,463 $ $ $ 21,780 $ $ 2,181,700 $ 5,191 $ 199,835 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable Employee compensation payable $ $ 15,708 9009 Accrued liabilities Due to other funds Interest payable Notes Payable Special assessment debt with governmental commitment Advances Deferred revenue 2,181,700 263,683 2,181,700 272,692 Deposits held for other parties 37,488 Total liabilities Fund balances: Nonspendable Restricted 513,203 2,826,540 96,463 5,191 513,203 2,826,540 96,463 5,191 513,203 $ 2,864,028 Committed Assigned (72,857) Unassigned Total fund balances Total liabilities and fund balances $ 92 $ 96,463 $ 2,181,700 $ 5,191 (72,857) $ 199,835 SPECIAL REVENUE FUNDS Environmental Services Environmental Expedited Environmental Health Services Grants Child Support $ 1,050 $ $ 9,054,592 Flood Control $ 470,608 250 Flood General Control Grants Government Grants $ $ 62,721,566 5,851 Human Housing Authority $ 2,646,413 Services Grants $ 200 312,024 2,042,513 397,163 26,022 172,125 206,391 11,242 6,612,985 425,641 $ $ 9,061,493 $ 172,125 $ 470,608 32,392 $ 19,152 $ 66,501 243,240 846 202,707 2,279 1,908,472 $ 65,425,508 $ 11,242 $ $ $ 3,602 $ 3,394,122 244,744 312,024 $ 5,154,755 $ 6,613,185 $ 591,012 $ 2,912,405 633 66,638 219,749 21,378 152,973 7,640 2,153,505 33,280 1,495,371 275,632 172,125 66,501 5,155,615 404,107 59,844,252 404,107 60,269,893 470,608 $ 65,425,508 11,242 312,024 27,568 204,299 2,187,712 312,657 922,797 7,473,371 425,641 4,231,958 8,785,861 (633) 8,785,861 $ 9,061,493 $ 172,125 $ (860,186) (633) $ 11,242 $ 312,024 4,231,958 $ 5,154,755 (860,186) $ 6,613,185 (continued on next page) 93 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2012 SPECIAL REVENUE FUNDS Justice Justice Court Courts Courts Judicial Enhancement Photo Enforcement Special Revenue Inmate Health Services Inmate Services Judicial Enhancement Justice ASSETS Cash in bank and on hand $ $ $ $ $ $ Cash and investments held by County Treasurer 241,127 Receivables 4,847,890 2,302,581 1,145,689 3,323 1,529 757 399,705 474,481 Due from other funds Due from other governmental units Inventories Miscellaneous 13,785 534,032 254,912 $ 5,385,245 $ 2,304,110 $ 1,146,446 $ $ $ 35,077 $ 20,446 $ Cash and investments held by trustee – restricted Total assets $ 399,705 $ 474,481 $ 58,099 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ Employee compensation payable 338,282 78,972 11,360 2,741 418,511 46,437 23,187 254,912 4,966,734 2,257,673 1,123,259 399,705 416,382 254,912 4,966,734 2,257,673 1,123,259 399,705 416,382 254,912 $ 5,385,245 Accrued liabilities 1,257 Due to other funds Interest payable Notes payable Special assessment debt with governmental commitment Advances Deferred revenue Deposits held for other parties Total liabilities 58,099 Fund balances: Nonspendable Restricted Committed Assigned Unassigned Total fund balances Total liabilities and fund balances $ 94 $ 2,304,110 $ 1,146,446 $ 399,705 $ 474,481 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 $ $ 822,909 $ 705,526 Juvenile Restitution $ 1,213,055 534 $ 66,333 910 $ 575 $ 2,035,207 2,088,448 1,397 1,353 $ 2,037,514 $ 2,090,376 $ $ $ $ 431 Library District $ 2,243 5,970 19,281,154 632,782 156,381 $ 823,443 $ $ 861,907 $ 1,213,486 $ 66,333 $ 240,535 $ $ 792 5,090 55,073 48,332 61,564 2,243 $ 12,802 1,809,051 158,526 629,693 5,090 $ 19,919,906 475,582 925,301 792 61,134 61,564 1,213,486 65,541 1,976,380 2,028,812 2,243 17,476,747 (63,394) 1,213,486 65,541 1,976,380 2,028,812 2,243 17,476,747 861,907 $ 1,213,486 66,333 $ 2,037,514 $ 2,090,376 2,243 $ 19,919,906 818,353 2,443,159 (63,394) 818,353 $ 823,443 $ $ $ (continued on next page) 95 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2012 SPECIAL REVENUE FUNDS Library Medical Officer District Grants Examiner Grants Safety Equipment Palo Verde Parks Donations ASSETS Cash in bank and on hand $ $ $ $ $ Cash and investments held by County Treasurer 32,225 481,848 639,382 Receivables 432 Due from other funds Due from other governmental units 73,564 23,870 Inventories Miscellaneous Cash and investments held by trustee – restricted Total assets $ 73,564 $ 23,870 $ 32,225 $ 481,848 $ 639,814 $ 1,129 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ $ $ $ Employee compensation payable 4,456 Accrued liabilities 35 Due to other funds 41,936 23,870 31,628 14,437 73,564 38,307 Interest payable Notes payable Special assessment debt with governmental commitment Advances Deferred revenue Deposits held for other parties Total liabilities 4,456 1,164 32,225 477,392 638,650 32,225 477,392 638,650 Fund balances: Nonspendable Restricted Committed Assigned (14,437) Unassigned (14,437) Total fund balances Total liabilities and fund balances $ 73,564 $ 23,870 96 $ 32,225 $ 481,848 $ 639,814 SPECIAL REVENUE FUNDS Parks Parks Enhancement $ 200 Parks Souvenir $ 2,108,989 Planning Spur Cross and Ranch Conservation Development Fees $ 37,172 $ 193,499 500 Probate Fees $ 3,488,954 1,333 2,110,522 $ 37,172 $ $ 119,932 $ 3,170 $ 56,207 732 193,499 386,973 $ 640,151 31,427 451 $ 3,491,341 $ 386,973 $ $ 245,491 $ 1,794 $ 889 Public Defender Grants $ 1,887 $ Public Defender Fill the Gap 133,809 640,602 $ 31,427 $ 23,639 12,790 6,944 1,500 18,382 276,250 176,139 3,902 889 1,934,383 33,270 192,610 7,788 675,432 1,794 12,790 385,179 627,812 385,179 627,812 38,371 2,815,909 (6,944) 1,934,383 $ 2,110,522 33,270 $ 37,172 192,610 $ 193,499 2,815,909 $ 3,491,341 $ 386,973 $ 640,602 (6,944) $ 31,427 (continued on next page) 97 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2012 SPECIAL REVENUE FUNDS Public Public Defender Training Public Health School Health Fees Recorder’s Surcharge Communication Expense School Grants ASSETS Cash in bank and on hand $ $ $ 5,200 $ $ $ Cash and investments held by County Treasurer 287,600 Receivables 5,550,124 4,219,152 3,798 2,655 169,721 730,571 Due from other funds Due from other governmental units 9,983,278 Inventories 1,126,291 765,926 55,279 287,600 $10,749,204 $ 5,614,401 $ 4,221,807 $ 169,721 $ 1,856,862 920 $ 2,257,389 $ $ $ 24,518 $ 881,562 1,907 360,220 Miscellaneous Cash and investments held by trustee – restricted Total assets $ LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ Employee compensation payable Accrued liabilities 149,887 45,755 308,861 37,122 855 26,490 403 Due to other funds 3,319,273 Interest payable Notes payable Special assessment debt with governmental commitment Advances Deferred revenue 9,287,786 1,207,170 Deposits held for other parties Total liabilities 2,827 15,225,071 195,642 345,983 25,373 3,875,824 144,348 2,115,222 Fund balances: Nonspendable Restricted 765,926 284,773 55,279 5,363,480 Committed Assigned (5,241,793) Unassigned (258,360) Total fund balances 284,773 (4,475,867) 5,418,759 3,875,824 Total liabilities and fund balances $ 287,600 $10,749,204 $ 5,614,401 $ 4,221,807 98 144,348 $ 169,721 (258,360) $ 1,856,862 SPECIAL REVENUE FUNDS Sheriff School Transportation $ Sheriff Donations $ 317,832 Sheriff Grants $ 18,809 Jail Enhancement $ Sheriff RICO $ 120,006 Small Solid School Service Waste Management $ 1,726,215 $ 143,268 57,582 1,317,290 92,852 $ 317,832 $ 120,006 $ 1,336,099 $ 1,726,215 $ 92,852 $ $ 91,459 $ 12,015 $ 330,061 $ 30,360 $ 54,652 $ 143,268 $ 57,582 $ 58,720 38,230 10,416 1,922 25 124,374 44,175 1,575,223 91,459 12,015 226,373 107,991 226,373 107,991 2,078,304 32,282 98,852 1,693,933 143,268 (742,205) $ 317,832 $ 120,006 58,720 (6,000) (742,205) $ 1,336,099 1,693,933 $ 1,726,215 (1,138) (6,000) $ 92,852 143,268 $ 143,268 (1,138) $ 57,582 (continued on next page) 99 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2012 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 146,708 3,165,716 143,352 330,563 29,778,756 Receivables 27,512 Due from other funds Due from other governmental units 13,244 14,591,752 Inventories 1,221,233 Miscellaneous Cash and investments held by trustee – restricted Total assets $ 146,708 $ 3,165,716 $ $ 428,409 $ 143,352 $ 330,563 $ 13,244 $ 45,619,803 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ Employee compensation payable $ $ $ 31,681 3,712,893 506,925 Accrued liabilities 2,795,432 Due to other funds 13,244 Interest payable Notes Payable Special assessment debt with governmental commitment Advances Deferred revenue Deposits held for other parties 428,409 31,681 146,708 2,737,307 111,671 330,563 37,383,320 146,708 2,737,307 111,671 330,563 38,604,553 Total liabilities 13,244 7,015,250 Fund balances: Nonspendable 1,221,233 Restricted Committed Assigned Unassigned Total fund balances Total liabilities and fund balances $ 146,708 $ 3,165,716 100 $ 143,352 $ 330,563 $ 13,244 $ 45,619,803 SPECIAL REVENUE FUNDS Trial Trial Court Victim Victim Court Grants Special Revenue Compensation Interest Compensation Restitution $ $ $ $ 886,896 Victim Location $ 777,696 1,256,851 529 857 Waste Management $ 113,044 Waste Tire $ 533,685 Total 150 243,103 $ 3,820,440 219,709,577 3,153,448 26,022 166,238 1,117,481 38,708,449 2,534,842 1,045,285 1,910,751 $ 166,238 $ 886,896 $ $ 71,107 $ 9,052 $ 778,225 $ 1,257,708 $ $ 113,044 $ $ 533,685 $ $ 1,360,734 $ 270,908,814 $ 175,536 $ 21,186,280 1,172 2,977,159 17,586 2,832,368 12,470 6,409,763 33,280 107,962 23,086,251 2,045,448 209,125 9,052 176,708 58,570,549 1,184,026 206,229,794 2,534,842 877,844 778,225 1,257,708 113,044 533,685 11,601,770 (42,887) (8,028,141) (42,887) $ 166,238 877,844 $ 886,896 778,225 $ 778,225 1,257,708 $ 1,257,708 113,044 $ 113,044 533,685 $ 533,685 $ 1,184,026 212,338,265 1,360,734 $ 270,908,814 (continued on next page) 101 Maricopa County Combining Balance Sheet Nonmajor Governmental Funds (Continued) June 30, 2012 DEBT SERVICE FUNDS Special Assessment CAPITAL PROJECTS FUNDS Stadium Detention Flood District Technology Control Capital Improvement Capital Projects Debt Service Total ASSETS Cash in bank and on hand $ $ $ $ $ Cash and investments held by County Treasurer 60,449 Receivables 657 61,106 97,421 16,750,998 34,751,983 97,421 Due from other funds Due from other governmental units 857,562 857,562 8,386,939 8,386,939 4,141,537 Inventories Miscellaneous Cash and investments held by trustee – restricted Total assets $ 157,870 $ 9,245,158 $ $ $ 9,403,028 $ 16,750,998 $ 38,893,520 $ 361,598 $ 4,407,305 LIABILITIES AND FUND BALANCES Liabilities: Accounts payable $ Employee compensation payable Accrued liabilities Due to other funds Interest payable 3,381 3,381 2,697 2,697 78,635 78,635 84,713 84,713 361,598 4,407,305 Notes Payable Special assessment debt with governmental commitment Advances Deferred revenue Deposits held for other parties Total liabilities Fund balances: Nonspendable Restricted 73,157 9,245,158 9,318,315 16,389,400 34,486,215 73,157 9,245,158 9,318,315 16,389,400 34,486,215 157,870 $ 9,245,158 Committed Assigned Unassigned Total fund balances Total liabilities and fund balances $ 102 $ 9,403,028 $ 16,750,998 $ 38,893,520 CAPITAL PROJECTS FUNDS Inter- Library Long Governmental District Term Special Transportation Capital Projects Capital Improvement Project Reserve Improvement Districts Capital Projects $ $ 140,647 Total $ 1,715,752 $ 432 $ 41,472 Nonmajor Total $ 11,013,124 Governmental Funds $ 3,820,440 64,414,408 284,185,091 1,159 3,252,028 11,535,152 15,676,689 55,242,700 2,065,030 2,074,906 3,120,191 8,941,255 19,238,945 1,159 26,022 2,534,842 9,876 8,941,255 $ 140,647 $ $ 1,716,911 $ $ 8,951,563 $ $ 41,472 $ $ 24,613,306 $ 91,108,417 $371,420,259 $ 11,464,460 $ 16,233,363 $ 37,419,643 2,977,159 450 450 2,832,818 6,409,763 3,381 33,280 2,697 365,750 365,750 23,530,636 2,045,448 450 11,830,210 16,599,563 75,254,825 41,022 12,783,096 2,534,842 1,716,911 8,951,563 140,647 74,368,207 289,916,316 140,647 11,742,417 74,508,854 296,165,434 91,108,417 $ 371,420,259 (8,028,141) 140,647 $ 140,647 1,716,911 $ 1,716,911 8,951,563 $ 8,951,563 41,022 $ 41,472 103 12,783,096 $ 24,613,306 $ Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Fiscal Year Ended June 30, 2012 SPECIAL REVENUE FUNDS Adult Probation Fees Accommodation Schools Adult Probation Grants Air Quality Fees Air Quality Grants Animal Control Field Operations REVENUES Taxes $ $ $ $ Licenses and permits $ $ 9,371,520 Intergovernmental 3,461,849 9,520 3,649,692 Charges for services 9,456,232 Fines and forfeits 3,575,762 3,417,095 593,715 489,045 3,467,743 1,447,369 4,101 10,267 25 Special assessment Interest income 25,546 11,895 484 32,364 4,626 3,487,395 13,043,889 4,243,891 11,344,924 3,417,095 3,491,656 12,820,898 4,393,925 9,633,355 3,211,810 3,061,507 Miscellaneous Total revenues EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education 3,800,755 Debt service: Principal Interest 193,259 108,063 3,800,755 12,820,898 4,393,925 9,633,355 3,405,069 3,169,570 (313,360) 222,991 (150,034) 1,711,569 12,026 322,086 Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in 41,823 (106,528) Transfers out 41,823 Total other financing sources (uses) Net change in fund balances (106,528) (313,360) 222,991 (150,034) 1,753,392 12,026 215,558 2,545,390 2,346,908 (209,971) 3,387,891 (46,014) 1,366,945 (33,988) $ 1,582,503 Fund balances (deficit) at beginning of year, as restated Change in nonspendable resources: Increase (decrease) in inventories Fund balances (deficit) at end of year $ 2,232,030 $ 2,569,899 104 $ (360,005) $ 5,141,283 $ SPECIAL REVENUE FUNDS Animal Control License/ Shelter Animal Control Grants $ $ Cactus League Operations Ballpark Operations $ 6,722,459 $ CDBG Housing Trust $ Check Enforcement Program $ Child Support Enhancement $ 3,248,675 42,400 5,541,994 80,342 1,832,065 1,146,330 86,058 442,323 6,257 947,934 40,047 634,778 63,157 26,194 1,076,933 9,229,349 4,458,162 26,194 5,541,994 1,806 4,535 444,129 90,593 324,525 998,049 8,123,372 5,895,590 1,284,278 46,504 15,771 998,049 8,123,372 1,284,278 46,504 5,895,590 324,525 15,771 78,884 1,105,977 3,173,884 (20,310) (353,596) 119,604 74,822 115,500 252,127 (1,034,031) (2,169,847) (1,034,031) (2,169,847) 115,500 252,127 78,884 71,946 1,004,037 95,190 (101,469) 119,604 74,822 958,514 4,969,241 8,539,622 3,571,574 (130,930) 137,983 575,066 4,338 $ 1,037,398 $ 5,045,525 $ 9,543,659 $ 3,666,764 $ (232,399) $ 257,587 $ 649,888 (continued on next page) 105 Maricopa County Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds (Continued) For the Fiscal Year Ended June 30, 2012 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 1,333,586 Charges for services 174,918 1,941,713 3,116,799 1,672,932 21,447 4,141 Fines and forfeits Special assessment Interest income 2,415 Miscellaneous Total revenues 177,333 1,941,713 3,138,246 1,333,586 1,677,073 115,007 2,130,518 3,094,387 1,334,333 1,702,501 115,007 2,130,518 3,238,371 1,334,333 1,702,501 62,326 (188,805) (100,125) (747) (25,428) 62,326 (188,805) (100,125) (747) (25,428) 405,397 362,342 2,955,202 (2,900) 647,985 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest 143,984 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, as restated Change in nonspendable resources: Increase (decrease) in inventories Fund balances (deficit) at end of year $ 467,723 $ 173,537 106 $ 2,855,077 $ (3,647) $ 622,557 SPECIAL REVENUE FUNDS Correctional Health Grants $ County Attorney Fill the Gap $ 50,000 County Attorney Grants $ 776,902 County Attorney RICO County School Indirect Cost $ $ 5,750,742 Court Document Retrieval $ Criminal Justice Enhancement $ 730,292 Del Webb Special Revenue $ 1,400,160 1,102,545 1,334,234 3,801,415 50,000 5,450 5,845 38,087 12,095 10,536 4,037 3,721 1,884,897 5,756,587 3,839,502 742,387 1,344,770 1,404,197 3,721 1,661,268 5,770,065 2,252,842 2,058,234 1,151,093 230 50,000 1,121,138 50,000 27,359 869,953 1,661,268 5,797,424 3,122,795 1,121,138 2,078,618 20,384 1,151,093 230 223,629 (40,837) 716,707 (378,751) (733,848) 253,104 3,491 7,450 7,450 $ $ 223,629 (40,837) 724,157 (378,751) (733,848) 253,104 3,491 466,815 (46,431) 3,449,068 1,901,454 1,713,435 294,511 509,712 690,444 $ (87,268) $ 4,173,225 $ 1,522,703 $ 979,587 $ 547,615 $ 513,203 (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, 2012 SPECIAL REVENUE FUNDS Domestic Relations Mediation Education Diversion Elections Grants Emancipation Administrative Costs Environmental Services Environmental Health Emergency Management REVENUES Taxes $ $ $ $ $ $ Licenses and permits 15,562,155 Intergovernmental 72,489 Charges for services 947,432 200,632 Fines and forfeits 602 143,883 3,875,586 1,568,827 210,849 Special assessment Interest income 19,767 1,076 12,707 28 281 250 59,087 17,437 1,588,594 201,708 85,196 630 1,091,846 19,725,114 Miscellaneous Total revenues EXPENDITURES Current: General government 85,196 Public safety 1,205,215 830,924 Highways and streets Health, welfare and sanitation 390,682 19,102,432 Culture and recreation Education Debt service: Principal Interest 106,244 Capital outlay 1,205,215 Total expenditures 390,682 85,196 937,168 19,102,432 154,678 622,682 Excess (deficiency) of revenues 383,379 over expenditures (188,974) 630 OTHER FINANCING SOURCES (USES) Transfers in (36,757) Transfers out (36,757) Total other financing sources (uses) Net change in fund balances 383,379 (188,974) 630 154,678 585,925 4,561 (227,535) 8,199,936 Fund balances (deficit) at beginning of year, as restated 2,443,161 285,437 Change in nonspendable resources: Increase (decrease) in inventories Fund balances (deficit) at end of year $ 2,826,540 $ 96,463 $ 108 $ 5,191 $ (72,857) $ 8,785,861 SPECIAL REVENUE FUNDS Environmental Services Grants $ Expedited Child Support $ Flood Control Grants Flood Control $ 61,725,304 General Government Grants $ $ Human Services Grants Housing Authority $ $ Inmate Health Services $ 15,700,800 689,500 190,715 351,527 3,649,688 20,565,740 659,035 942 1,702 690,442 660,737 54,138,148 1,918,460 6,767,461 2,223,435 2,364 86,607,715 351,527 29,321,783 329,309 3,652,052 165,769 2,977 524,366 1,125 910 23,011,543 54,139,273 25,623,196 52,832,051 166,679 3,652,076 689,441 595,400 689,441 595,400 31,291,254 329,309 3,652,076 25,623,196 52,949,864 1,001 65,337 55,316,461 22,218 (24) (2,611,653) 1,189,409 166,679 1,969,471 117,813 (45,016,966) (45,016,966) 1,001 65,337 10,299,495 22,218 (24) (2,611,653) 1,189,409 166,679 (1,001) 338,770 49,931,358 (22,218) (609) 6,843,611 (2,049,595) 88,233 39,040 $ $ 404,107 $ 60,269,893 $ $ (633) $ 4,231,958 $ (860,186) $ 254,912 (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, 2012 SPECIAL REVENUE FUNDS Inmate Services Judicial Enhancement Justice Court Judicial Enhancement Justice Courts Photo Enforcement Justice Courts Special Revenue Juvenile Probation Diversion REVENUES Taxes $ $ $ $ $ $ Licenses and permits Intergovernmental Charges for services 11,109,329 1,568,789 Fines and forfeits 9,388 6,480,452 286,814 792,086 Special assessment Interest income Miscellaneous Total revenues 50,250 6,346 15,520 7,810 2,120 237 5,688 11,165,925 1,584,309 799,896 11,508 6,480,689 292,502 29,773,933 1,205,689 778,631 139,383 6,110,918 302,430 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest Capital outlay Total expenditures 134,607 42,243 29,908,540 1,247,932 778,631 139,383 6,127,387 16,469 302,430 (18,742,615) 336,377 21,265 (127,875) 353,302 (9,928) (3,727,356) 336,377 21,265 (127,875) 353,302 (9,928) 8,694,090 1,921,296 1,101,994 527,580 63,080 828,281 Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in 15,015,259 Transfers out 15,015,259 Total other financing sources (uses) Net change in fund balances Fund balances (deficit) at beginning of year, as restated Change in nonspendable resources: Increase (decrease) in inventories Fund balances (deficit) at end of year $ 4,966,734 $ 2,257,673 110 $ 1,123,259 $ 399,705 $ 416,382 $ 818,353 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 $ 3,938,279 18,935,257 327,393 510,715 1,888,994 1,315,957 3,475,237 1,035 1,790 59,000 3,397,320 764,322 4,660 3,734 391 2,632 14,170 162,883 13,804 10,895 56 133,598 396,776 3,942,939 3,989,686 3,023 2,067,082 1,342,446 59,056 23,954,666 3,792,535 3,588,166 9,985 1,061,434 59,000 2,005,229 21,947,084 268,108 $ 3,792,535 3,588,166 9,985 2,005,229 1,061,434 59,000 22,215,192 150,404 401,520 (6,962) 61,853 281,012 56 1,739,474 150,404 401,520 (6,962) 61,853 281,012 56 1,739,474 (213,798) 811,966 72,503 1,914,527 1,747,800 2,187 15,737,273 (63,394) $ 1,213,486 $ 65,541 $ 1,976,380 $ 2,028,812 $ 2,243 $ 17,476,747 (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, 2012 SPECIAL REVENUE FUNDS Library District Grants Medical Examiner Grants Officer Safety Equipment Parks and Recreation Grants Palo Verde Parks Donations REVENUES Taxes $ $ $ $ $ $ Licenses and permits Intergovernmental 290,327 203,520 501,208 4,820 Charges for services Fines and forfeits 32,161 Special assessment Interest income 64 2,490 32,225 503,698 4,486 40,706 Miscellaneous 290,327 Total revenues 203,520 4,820 45,192 2,904 20,677 468,087 2,904 20,677 EXPENDITURES Current: General government Public safety 42,512 468,087 Highways and streets Health, welfare and sanitation Culture and recreation 290,327 Education Debt service: Principal Interest 175,000 Capital outlay 290,327 Total expenditures 217,512 Excess (deficiency) of revenues over expenditures (13,992) 32,225 35,611 1,916 24,515 (13,992) 32,225 35,611 1,916 24,515 441,781 (1,916) 614,135 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, as restated (445) Change in nonspendable resources: Increase (decrease) in inventories Fund balances (deficit) at end of year $ $ (14,437) 112 $ 32,225 $ 477,392 $ $ 638,650 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 $ 3,853,299 390,783 2,604,476 154,298 4,111,786 463,947 988,443 359,998 12,815 1,429,788 358 254,876 1,288 2,595 20,573 19,285 2,233 5,227 4,047,079 255,234 158,181 8,364,941 466,180 993,670 390,783 7,676,045 564,531 1,421,908 389,672 3,660,938 194,153 242,322 3,851,745 194,153 242,322 7,676,045 564,531 1,687,215 389,672 195,334 61,081 (84,141) 688,896 (98,351) (693,545) 1,111 61,082 (125,000) (61,082) (63,918) (61,082) 131,416 (1) (84,141) 688,896 (98,351) (693,545) 1,111 1,802,967 33,271 276,751 2,127,013 483,530 1,321,357 (8,055) 190,807 $ 1,934,383 265,307 $ 33,270 $ 192,610 $ 2,815,909 $ 385,179 $ 627,812 $ (6,944) (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, 2012 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 429,405 43,855,597 Charges for services 4,830,222 604,979 4,419,332 4,257,298 40,799 27,261 1,500 4,460,131 4,286,059 179,662 Fines and forfeits Special assessment Interest income Miscellaneous Total revenues 1,221 5,675 123,834 436,301 44,584,410 3,569 50 179,662 4,833,841 88,849 5,040,447 EXPENDITURES Current: General government 3,174,949 Public safety 354,611 Highways and streets Health, welfare and sanitation 44,854,097 4,105,444 Culture and recreation Education Debt service: Principal Interest 283,860 268,563 2,670,829 354,611 45,137,957 4,374,007 5,845,778 88,849 5,040,447 81,690 (553,547) 86,124 (1,559,719) 90,813 (206,606) Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in 29,186 Transfers out 29,186 Total other financing sources (uses) Net change in fund balances 81,690 (553,547) 115,310 (1,559,719) 90,813 (206,606) 203,083 (3,881,030) 5,301,609 5,435,543 53,535 (51,754) (41,290) 1,840 Fund balances (deficit) at beginning of year, as restated Change in nonspendable resources: Increase (decrease) in inventories Fund balances (deficit) at end of year $ 284,773 $ (4,475,867) 114 $ 5,418,759 $ 3,875,824 $ 144,348 $ (258,360) SPECIAL REVENUE FUNDS School Transportation $ Sheriff Donations $ Sheriff Grants $ 390,491 Sheriff Jail Enhancement $ 7,522,860 Small School Service Sheriff RICO $ Solid Waste Management $ 1,413,311 $ 109,657 102,324 1,266,718 390,491 938,818 636 18,941 420 19,577 8,789,998 1,413,311 954,939 19,722 6,023,665 2,237,382 944,977 912 6,257 77,491 110,569 186,072 16,121 2,208,721 529,039 74,554 529,039 19,722 (138,548) (145) 1,808,103 79,702 8,584 11,833 223,794 7,831,768 2,317,084 953,561 86,387 2,432,515 1,378 24,182 (2,246,443) 958,230 (903,773) 240,338 (5,500) 234,838 (138,548) (145) 364,921 $ 226,373 958,230 108,136 $ 107,991 (903,773) (1,700,435) $ (742,205) 2,597,706 $ 1,693,933 $ 1,378 24,182 (2,011,605) (7,378) 119,086 2,010,467 (6,000) $ 143,268 $ (1,138) (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, 2012 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 754,044 Intergovernmental 79,017 Charges for services 118,619 2,007,812 87,680,104 242,927 40,669 Fines and forfeits Special assessment 5,026,752 Interest income 760 20,250 416,489 867,674 119,379 5,047,002 2,007,812 115,920 5,554,435 2,055,085 Miscellaneous Total revenues 242,927 79,017 89,758,980 63,266 49,353,571 EXPENDITURES Current: General government 201,794 Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: Principal Interest 4,568,990 Capital outlay Total expenditures 115,920 5,554,435 2,055,085 201,794 63,266 53,922,561 3,459 (507,433) (47,273) 41,133 15,751 35,836,419 Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in 5,500 (28,411,416) Transfers out (28,405,916) Total other financing sources (uses) Net change in fund balances 3,459 (507,433) (47,273) 41,133 15,751 7,430,503 158,944 289,430 (15,751) 31,271,320 Fund balances (deficit) at beginning of year, as restated 143,249 3,244,740 Change in nonspendable resources: (97,270) Increase (decrease) in inventories Fund balances (deficit) at end of year $ 146,708 $ 2,737,307 $ 116 111,671 $ 330,563 $ $ 38,604,553 SPECIAL REVENUE FUNDS Trial Court Special Revenue Trial Court Grants $ $ Victim Compensation Interest Victim Compensation Restitution $ $ Victim Location $ Waste Management $ Waste Tire $ Total $ 80,660,561 55,222,472 1,185,578 854,061 4,943,151 4,531,883 264,444,406 183,883 86,363,063 7,252 164,941 18,855,004 1,603 8,423 5,657 11,708 8,691 3,170 2,602 65,000 3,402 8,044,899 7,877,175 2,039,639 4,953,177 24,617 173,632 3,170 67,602 4,719,168 526,494,332 2,052,956 5,137,142 25,603 36,879 26,153 5,026,752 7,114,015 152,466,446 49,416,837 4,638,461 186,029,379 29,694,416 10,654,782 14,573,329 2,052,956 5,137,142 25,603 (13,317) (183,965) (986) 173,632 36,879 26,153 4,638,461 449,949,204 (33,709) 41,449 80,707 76,545,128 15,768,265 (76,967,127) (61,198,862) (13,317) (183,965) (986) 173,632 (33,709) 41,449 80,707 15,346,266 (29,570) 1,061,809 779,211 1,084,076 146,753 492,236 1,103,319 197,085,341 (93,342) $ (42,887) $ 877,844 $ 778,225 $ 1,257,708 $ 113,044 $ 533,685 $ 1,184,026 $ 212,338,265 (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, 2012 DEBT SERVICE FUNDS Stadium District Debt Service Special Assessment CAPITAL PROJECTS FUNDS Detention Technology Capital Improvement Total Flood Control Capital Projects REVENUES Taxes $ $ 5,191,681 $ 5,191,681 $ $ Licenses and permits Intergovernmental 12,870,348 Charges for services 22,013 22,013 Fines and forfeits Special assessment Interest income 335,340 335,340 22,013 5,527,021 5,549,034 Principal 40,483 4,770,000 4,810,483 Interest 6,450 1,852,039 1,858,489 1,818,673 55,203,251 46,933 6,622,039 6,668,972 1,818,673 55,203,251 (24,920) (1,095,018) (1,119,938) (1,818,673) (42,291,532) 1,200,000 (115,500) 1,200,000 (115,500) 9,049,950 45,000,000 1,084,500 1,084,500 9,049,950 45,000,000 (10,518) (35,438) 7,231,277 2,708,468 9,255,676 9,353,753 9,158,123 31,777,747 41,371 Miscellaneous Total revenues 12,911,719 EXPENDITURES Current: General government Public safety Highways and streets Health, welfare and sanitation Culture and recreation Education Debt service: 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 (24,920) Fund balances (deficit) at beginning of year, as restated 98,077 Change in nonspendable resources: Increase (decrease) in inventories Fund balances (deficit) at end of year $ 73,157 $ 9,245,158 118 $ 9,318,315 $ 16,389,400 $ 34,486,215 CAPITAL PROJECTS FUNDS Intergovernmental Capital Projects Library District Capital Improvement $ $ Long Term Project Reserve $ 322 Special Improvement Districts $ Transportation Capital Projects $ Total Nonmajor Governmental Funds Total $ 322 $ 85,852,564 55,222,472 15,587,090 28,457,438 292,901,844 4,700,589 4,700,589 91,085,665 18,855,004 5,026,752 1,406 1,406 12,201 48,633 1,283 789,141 158 32,118 60,834 790,746 32,276 68,440 15,048 979,703 8,395,287 8,856,878 20,356,119 34,153,100 566,196,466 7,114,015 152,466,446 49,416,837 186,029,379 29,694,416 10,654,782 4,810,483 1,406 60,834 1,959,477 78,654,844 137,636,245 1,858,489 152,209,574 1,959,477 78,654,844 137,636,245 594,254,421 (58,298,725) (103,483,145) (28,057,955) (1,168,731) 32,276 125,000 (2,438,628) 969,847 28,411,416 83,556,213 (2,438,628) 100,524,478 (79,521,255) (2,313,628) 969,847 28,411,416 81,117,585 21,003,223 (2,312,222) 60,834 (198,884) 32,276 (29,887,309) (22,365,560) (7,054,732) 2,452,869 1,656,077 9,150,447 8,746 42,670,405 96,874,414 303,313,508 (93,342) $ 140,647 $ 1,716,911 $ 8,951,563 $ 41,022 119 $ 12,783,096 $ 74,508,854 $ 296,165,434 120 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Fines and forfeits 9,074,726 $ 9,074,726 $ $ 381,506 3,795,893 3,575,762 (220,131) 12,870,619 12,870,619 11,895 13,043,889 11,895 173,270 13,127,506 13,127,506 12,820,898 306,608 50,000 13,177,506 50,000 13,177,506 12,820,898 50,000 356,608 (306,887) (306,887) 222,991 529,878 529,878 Interest income Total revenues 9,456,232 3,795,893 EXPENDITURES Current: Public safety Capital Outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ (306,887) (306,887) 222,991 2,225,040 1,918,153 2,225,040 1,918,153 2,346,908 2,569,899 121 $ $ $ 121,868 651,746 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for services 3,876,028 $ 563,352 4,207,431 $ $ (557,739) 593,715 21,983 4,439,380 4,779,163 484 4,243,891 484 (535,272) 4,439,380 4,439,380 4,779,163 4,779,163 4,393,925 4,393,925 385,238 385,238 (150,034) (150,034) (150,034) (150,034) Interest income Total revenues 3,649,692 571,732 EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund deficit – ending (181,632) $ (181,632) 122 (181,632) $ (181,632) (209,971) $ (360,005) (28,339) $ (178,373) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ 9,548,988 $ 9,548,988 $ 9,371,520 $ (177,468) Charges for services 361,272 361,272 489,045 127,773 Fines and forfeits 923,460 923,460 1,447,369 523,909 8,000 8,000 32,364 24,364 6,000 10,847,720 6,000 10,847,720 4,626 11,344,924 (1,374) 497,204 11,591,040 11,591,040 11,654,040 11,654,040 9,633,355 9,633,355 2,020,685 2,020,685 (743,320) (806,320) 1,711,569 2,517,889 41,823 41,823 41,823 41,823 (764,497) 1,753,392 Interest income Miscellaneous Total revenues EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances (743,320) Fund balance – beginning Fund balance – ending 1,816,856 $ 1,073,536 123 1,816,856 $ 1,052,359 2,517,889 3,387,891 $ 5,141,283 1,571,035 $ 4,088,924 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 3,118,800 3,118,800 $ 3,743,096 3,743,096 $ 3,417,095 3,417,095 $ (326,001) (326,001) EXPENDITURES Current: Health, welfare and sanitation Capital Outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund deficit – ending $ 3,136,753 3,761,049 3,211,810 549,239 56,729 3,193,482 56,729 3,817,778 193,259 3,405,069 (136,530) 412,709 (74,682) (74,682) 12,026 86,708 (74,682) (74,682) 12,026 86,708 (106,492) (106,492) (46,014) 60,478 (181,174) 124 $ (181,174) $ (33,988) $ 147,186 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ Charges for services 15,985 $ 3,478,154 Fines and forfeits 15,985 $ 3,478,154 $ (6,465) (10,411) 4,034 4,034 4,101 67 16,208 16,208 10,267 (5,941) 3,514,381 3,514,381 25 3,491,656 25 (22,725) 3,324,503 3,324,503 3,061,507 262,996 116,000 3,440,503 116,000 3,440,503 108,063 3,169,570 7,937 270,933 73,878 73,878 322,086 248,208 (106,528) (106,528) (106,528) (106,528) (106,528) (106,528) Interest income Miscellaneous Total revenues 9,520 3,467,743 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 $ (32,650) (32,650) 215,558 1,332,896 1,332,896 1,366,945 1,300,246 125 $ 1,300,246 $ 1,582,503 248,208 34,049 $ 282,257 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for Services $ 236,480 Interest Income Miscellaneous Total revenues $ 236,480 42,400 $ 80,342 42,400 (156,138) 10,700 10,700 6,257 (4,443) 1,140,437 1,387,617 1,140,437 1,387,617 947,934 1,076,933 (192,503) (310,684) 1,687,617 1,687,617 1,687,617 1,687,617 998,049 998,049 689,568 689,568 (300,000) (300,000) 78,884 378,884 (300,000) (300,000) 78,884 378,884 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 $ 1,244,614 944,614 126 $ 1,244,614 944,614 $ 958,514 1,037,398 $ (286,100) 92,784 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ Charges for services Interest income Miscellaneous Total revenues 7,068,602 $ 7,068,602 $ 6,722,459 $ (346,143) 2,222,917 2,222,917 1,832,065 65,980 65,980 40,047 (390,852) (25,933) 3,884 9,361,383 3,884 9,361,383 634,778 9,229,349 630,894 (132,034) 8,324,169 8,324,169 8,324,169 8,324,169 8,123,372 8,123,372 200,797 200,797 1,037,214 1,037,214 1,105,977 68,763 (1,034,031) (1,034,031) (1,034,031) (1,034,031) (1,034,031) (1,034,031) 3,183 3,183 71,946 68,763 4,716,924 4,716,924 4,969,241 252,317 EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Change in nonspendable resources: Increase in inventories Fund balance – ending 4,338 $ 4,720,107 127 $ 4,720,107 $ 5,045,525 4,338 $ 325,418 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ 3,200,901 $ 3,200,901 $ 3,248,675 $ 47,774 Charges for services 1,198,123 1,198,123 1,146,330 (51,793) Interest income 75,000 4,474,024 75,000 4,474,024 63,157 4,458,162 (11,843) (15,862) 1,656,972 1,656,972 1,656,972 1,656,972 1,284,278 1,284,278 372,694 372,694 2,817,052 2,817,052 3,173,884 356,832 (2,064,221) (2,064,221) (2,169,847) (105,626) (2,064,221) (2,064,221) (2,169,847) (105,626) 752,831 752,831 1,004,037 251,206 Total revenues EXPENDITURES Current: Culture and recreation Total expenditures Excess of revenues over expenditures OTHER FINANCING Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning Fund balance – ending 8,349,968 $ 9,102,799 128 8,349,968 $ 9,102,799 8,539,622 $ 9,543,659 189,654 $ 440,860 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ 24,750 24,750 Total revenues $ 24,750 24,750 $ 26,194 26,194 $ 1,444 1,444 EXPENDITURES Current: Culture and recreation Total expenditures Deficiency of revenues under expenditures 99,143 99,143 99,143 99,143 46,504 46,504 52,639 52,639 (74,393) (74,393) (20,310) 54,083 115,500 115,500 115,500 115,500 115,500 115,500 41,107 41,107 95,190 OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending $ 3,526,043 3,567,150 129 $ 3,526,043 3,567,150 $ 3,571,574 3,666,764 54,083 $ 45,531 99,614 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 13,486,394 13,486,394 $ 14,526,394 14,526,394 $ 5,541,994 5,541,994 $ (8,984,400) (8,984,400) EXPENDITURES Current: Health, welfare and sanitation 13,486,394 13,486,394 Total expenditures 14,526,394 14,526,394 Excess (deficiency) of revenues over expenditures 5,895,590 5,895,590 8,630,804 8,630,804 (353,596) (353,596) OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance (deficit)– beginning Fund balance (deficit) – ending $ 306,000 306,000 306,000 306,000 252,127 252,127 (53,873) (53,873) 306,000 306,000 (101,469) (407,469) (280,955) 25,045 130 $ (280,955) 25,045 $ (130,930) (232,399) $ 150,025 (257,444) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ 344,500 Interest income Total revenues $ 344,500 $ 442,323 $ 97,823 1,500 346,000 1,500 346,000 1,806 444,129 306 98,129 346,000 346,000 376,000 376,000 324,525 324,525 51,475 51,475 (30,000) 119,604 149,604 (30,000) 119,604 149,604 115,606 137,983 EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 115,606 $ 115,606 131 $ 85,606 $ 257,587 22,377 $ 171,981 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 85,000 Interest income Total revenues 86,058 1,058 6,000 91,000 $ 85,000 6,000 91,000 $ 4,535 90,593 (1,465) (407) 45,900 45,900 45,900 45,900 15,771 15,771 30,129 30,129 45,100 45,100 74,822 29,722 EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 45,100 45,100 74,822 29,722 591,914 591,914 575,066 (16,848) 637,014 132 $ 637,014 $ 649,888 $ 12,874 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 111,007 $ 111,007 $ 174,918 4,000 115,007 4,000 115,007 2,415 177,333 115,007 115,007 115,007 115,007 115,007 115,007 $ 63,911 (1,585) 62,326 EXPENDITURES Current: Public safety Total expenditures 62,326 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 416,392 $ 416,392 133 416,392 $ 416,392 $ 62,326 62,326 62,326 405,397 (10,995) 467,723 $ 51,331 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Total revenues 2,633,772 2,633,772 $ 1,941,713 1,941,713 $ 1,941,713 1,941,713 EXPENDITURES Current: Public safety 2,633,772 2,633,772 Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 139,257 $ 139,257 134 $ 2,339,578 2,339,578 2,130,518 2,130,518 209,060 209,060 (397,865) (188,805) 209,060 (397,865) (188,805) 209,060 139,257 362,342 (258,608) $ 173,537 223,085 $ 432,145 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 3,598,000 $ 3,598,000 $ Interest income Total revenues 3,116,799 $ (481,201) 3,598,000 3,598,000 21,447 3,138,246 21,447 (459,754) 3,758,000 3,758,000 3,094,387 663,613 3,758,000 3,758,000 143,984 3,238,371 (143,984) 519,629 (160,000) (160,000) (100,125) 59,875 EXPENDITURES Current: Public safety Capital outlay Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ (160,000) (160,000) (100,125) 59,875 3,031,293 3,031,293 2,955,202 (76,091) 2,871,293 135 $ 2,871,293 $ 2,855,077 $ (16,216) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 1,834,948 1,834,948 $ 1,834,948 1,834,948 $ 1,333,586 1,333,586 $ (501,362) (501,362) EXPENDITURES Current: Public safety 1,834,948 1,834,948 1,334,333 1,334,333 500,615 500,615 Excess (deficiency)of revenues over expenditures (747) (747) Net change in fund balances (747) (747) Total expenditures Fund balance – beginning Fund balance (deficit)– ending 1,834,948 1,834,948 (338,498) $ (338,498) 136 (338,498) $ (338,498) (2,900) $ (3,647) 335,598 $ 334,851 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income 1,382,730 $ 1,382,730 $ 1,672,932 $ 290,202 7,270 1,390,000 7,270 1,390,000 4,141 1,677,073 (3,129) 287,073 1,702,500 1,702,500 1,702,500 1,702,500 1,702,501 1,702,501 (1) (1) Deficiency of revenues under expenditures (312,500) (312,500) (25,428) 287,072 Net change in fund balances (312,500) (312,500) (25,428) 287,072 412,617 412,617 647,985 Total revenues EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 100,117 137 $ 100,117 $ 622,557 235,368 $ 522,440 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 50,000 50,000 Total revenues $ 50,000 50,000 $ 50,000 50,000 $ EXPENDITURES Current: Health, welfare and sanitation 50,000 50,000 Total expenditures 50,000 50,000 50,000 50,000 Excess of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 4,165 $ 4,165 138 4,165 $ 4,165 (4,165) $ $ (4,165) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 520,000 $ 520,000 $ 776,902 $ 256,902 Charges for services 1,264,043 1,264,043 1,102,545 (161,498) Interest income 8,000 1,792,043 8,000 1,792,043 5,450 1,884,897 (2,550) 92,854 1,792,043 1,792,043 2,181,343 2,181,343 1,661,268 1,661,268 520,075 520,075 (389,300) 223,629 612,929 (389,300) 223,629 612,929 370,075 466,815 Total revenues EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 370,075 $ 370,075 139 $ (19,225) $ 690,444 96,740 $ 709,669 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Interest income Total revenues 6,731,174 $ 6,731,174 $ 5,750,742 $ (980,432) 16,000 6,747,174 16,000 6,747,174 5,845 5,756,587 (10,155) (990,587) 6,747,174 6,747,174 5,770,065 977,109 6,747,174 27,359 5,797,424 (27,359) 949,750 (40,837) (40,837) (40,837) (40,837) EXPENDITURES Current: Public safety Capital outlay 6,747,174 Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund deficit – ending $ 140 49,670 49,670 (46,431) 49,670 $ 49,670 $ (87,268) $ (96,101) (136,938) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ Interest income Total revenues 3,998,200 $ 3,998,200 $ 3,801,415 $ (196,785) 1,800 4,000,000 1,800 4,000,000 38,087 3,839,502 36,287 (160,498) 5,000,000 5,123,400 2,252,842 2,870,558 1,000,000 6,000,000 1,000,000 6,123,400 869,953 3,122,795 130,047 3,000,605 (2,000,000) (2,123,400) 716,707 2,840,107 7,450 7,450 7,450 7,450 (2,115,950) 724,157 EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances (2,000,000) Fund balance – beginning Fund balance – ending 4,556,914 $ 2,556,914 141 4,556,914 $ 2,440,964 2,840,107 3,449,068 $ 4,173,225 (1,107,846) $ 1,732,261 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 858,631 $ 858,631 $ Interest income 730,292 $ (128,339) 858,631 858,631 12,095 742,387 1,614,559 1,614,559 1,614,559 1,614,559 1,121,138 1,121,138 493,421 493,421 Deficiency of revenues under expenditures (755,928) (755,928) (378,751) 377,177 Net change in fund balances (755,928) (755,928) (378,751) 377,177 Total revenues 12,095 (116,244) EXPENDITURES Current: Education Total expenditures Fund balance – beginning Fund balance – ending 1,763,679 $ 1,007,751 142 1,763,679 $ 1,007,751 1,901,454 $ 1,522,703 137,775 $ 514,952 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 1,584,000 $ 1,584,000 $ Interest income Total revenues 1,334,234 $ (249,766) 1,584,000 1,584,000 10,536 1,344,770 10,536 (239,230) 2,309,000 2,309,000 2,058,234 250,766 2,309,000 2,309,000 20,384 2,078,618 (20,384) 230,382 (725,000) (725,000) (733,848) (8,848) EXPENDITURES Current: Public safety Capital outlay Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending (725,000) (725,000) (733,848) (8,848) 1,544,464 1,544,464 1,713,435 168,971 $ 819,464 143 $ 819,464 $ 979,587 $ 160,123 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Interest income Total revenues 1,051,900 $ 1,400,000 $ 1,400,160 $ 160 5,000 1,056,900 5,000 1,405,000 4,037 1,404,197 (963) (803) 1,056,900 1,056,900 1,886,600 1,886,600 1,151,093 1,151,093 735,507 735,507 (481,600) 253,104 734,704 (481,600) 253,104 734,704 199,549 294,511 EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 199,549 $ 199,549 144 $ (282,051) $ 547,615 94,962 $ 829,666 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ 2,500 Interest income Total revenues $ 2,500 $ $ (2,500) 6,608 9,108 6,608 9,108 3,721 3,721 (2,887) (5,387) 235 235 235 235 230 230 8,873 8,873 3,491 (5,382) (5,382) EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 8,873 8,873 3,491 512,586 512,586 509,712 521,459 145 $ 521,459 $ 513,203 5 5 (2,874) $ (8,256) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ 1,632,156 Interest income Total revenues $ 1,632,156 $ 1,568,827 $ (63,329) 21,600 1,653,756 21,600 1,653,756 19,767 1,588,594 (1,833) (65,162) 1,653,756 1,653,756 3,877,956 3,877,956 1,205,215 1,205,215 2,672,741 2,672,741 (2,224,200) 383,379 2,607,579 (2,224,200) 383,379 2,607,579 EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 1,715,281 $ 1,715,281 146 1,715,281 $ (508,919) 2,443,161 $ 2,826,540 727,880 $ 3,335,459 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 186,682 $ 186,682 $ 200,632 $ 13,950 4,000 190,682 4,000 190,682 1,076 201,708 (2,924) 11,026 390,682 390,682 390,682 390,682 390,682 390,682 (200,000) (200,000) (188,974) 11,026 (200,000) (200,000) (188,974) 11,026 263,197 263,197 285,437 EXPENDITURES Current: Health, welfare and sanitation Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 63,197 147 $ 63,197 $ 96,463 22,240 $ 33,266 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 2,211,630 $ 2,211,630 $ Interest income Total revenues 72,489 2,211,630 2,211,630 12,707 85,196 2,211,630 2,211,630 2,211,630 2,211,630 85,196 85,196 $ (2,139,141) 12,707 (2,126,434) 2,126,434 2,126,434 EXPENDITURES Current: General government Total expenditures Excess revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 1,236,213 $ 1,236,213 148 1,236,213 $ 1,236,213 (1,236,213) $ $ (1,236,213) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Final Actual Amounts Positive (Negative) REVENUES Intergovernmental $ Charges for services 856,200 $ 173,881 1,001,134 $ 173,881 Interest income 947,432 $ (53,702) 143,883 (29,998) 281 Miscellaneous 281 1,030,081 1,175,015 250 1,091,846 959,156 1,059,156 830,924 228,232 70,925 1,030,081 115,859 1,175,015 106,244 937,168 9,615 237,847 Excess of revenues over expenditures 154,678 154,678 Net change in fund balances 154,678 154,678 Total revenues 250 (83,169) EXPENDITURES Current: Public safety Capital outlay Total expenditures Fund balance (deficit) – beginning Fund balance (deficit) – ending $ 149 (21,070) (21,070) $ (21,070) (21,070) $ (227,535) (72,857) $ (206,465) (51,787) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ Charges for services 15,069,867 $ 15,562,155 $ 492,288 3,875,586 120,000 120,000 210,849 90,849 72,000 72,000 59,087 (12,913) 600 18,842,756 600 18,842,756 17,437 19,725,114 16,837 882,358 20,999,238 20,999,238 19,102,432 2,896,806 115,353 21,114,591 2,115,353 24,114,591 19,102,432 2,115,353 5,012,159 (2,271,835) (5,271,835) 622,682 5,894,517 (36,757) (36,757) (36,757) (36,757) Interest income Total revenues 15,069,867 3,580,289 Fines and forfeits Miscellaneous $ 3,580,289 295,297 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 $ (2,271,835) (5,308,592) 585,925 7,279,150 7,279,150 8,199,936 5,007,315 150 $ 1,970,558 $ 8,785,861 5,894,517 920,786 $ 6,815,303 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 688,500 Interest income Total revenues $ 688,500 $ 689,500 $ 1,000 600 689,100 1,600 690,100 942 690,442 (658) 342 689,100 689,100 690,100 690,100 689,441 689,441 659 659 1,001 1,001 1,001 1,001 EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending $ 151 (246) (246) (246) $ (246) $ (1,001) (755) $ 246 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 579,300 $ 579,300 $ 659,035 $ 79,735 5,700 585,000 5,700 585,000 1,702 660,737 (3,998) 75,737 897,500 897,500 897,500 897,500 595,400 595,400 302,100 302,100 (312,500) (312,500) 65,337 377,837 (312,500) (312,500) 65,337 377,837 408,157 408,157 338,770 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 $ 95,657 152 $ 95,657 $ 404,107 (69,387) $ 308,450 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes $ Licenses and permits 61,777,160 $ 315,400 Intergovernmental 61,777,160 $ 315,400 61,725,304 $ 15,700,800 (51,856) 15,385,400 186,613 186,613 190,715 4,102 Interest income 1,000,000 1,000,000 6,767,461 5,767,461 Miscellaneous 642,756 63,921,929 642,756 63,921,929 2,223,435 86,607,715 1,580,679 22,685,786 36,860,323 36,860,323 29,321,783 7,538,540 36,860,323 36,860,323 1,969,471 31,291,254 (1,969,471) 5,569,069 27,061,606 27,061,606 55,316,461 28,254,855 (45,000,000) (40,000,000) (45,000,000) (40,000,000) (45,016,966) (40,016,966) (16,966) (16,966) (17,938,394) (17,938,394) 10,299,495 28,237,889 50,776,728 50,776,728 49,931,358 (845,370) Total revenues EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess of revenues over expenditures OTHER FINANCING USES Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Change in nonspendable resources: Increase in inventories Fund balance – ending 39,040 $ 32,838,334 153 $ 32,838,334 $ 60,269,893 39,040 $ 27,431,559 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 566,100 566,100 Total revenues $ 566,100 566,100 $ 351,527 351,527 $ (214,573) (214,573) EXPENDITURES Current: Public safety 566,100 566,100 Total expenditures 566,100 566,100 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance (deficit) – ending (18,712) $ (18,712) 154 (18,712) $ (18,712) $ 329,309 329,309 236,791 236,791 22,218 22,218 22,218 22,218 (22,218) (3,506) $ 18,712 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Interest income 292,098 $ 3,961,712 $ 3,649,688 $ (312,024) 1,190 11,361,800 1,190 12,810,122 2,364 1,174 (12,810,122) 11,655,088 16,773,024 3,652,052 (13,120,972) 18,432,841 112,857,030 3,652,076 109,204,954 18,432,841 112,857,030 3,652,076 109,204,954 Deficiency of revenues under expenditures (6,777,753) (96,084,006) (24) 96,083,982 Net change in fund balances (6,777,753) (96,084,006) (24) 96,083,982 Miscellaneous Total revenues EXPENDITURES Current: General government Total expenditures Fund balance (deficit)– beginning Fund balance (deficit) – ending (609) $ (6,777,753) 155 $ (96,084,006) $ (633) (609) $ 96,083,373 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 45,586,165 $ 53,652,441 $ Miscellaneous Total revenues 54,138,148 1,125 $ 485,707 1,125 45,586,165 53,652,441 54,139,273 486,832 45,566,165 20,000 53,572,441 80,000 52,832,051 117,813 740,390 (37,813) 45,586,165 53,652,441 52,949,864 702,577 1,189,409 1,189,409 EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess of revenues over expenditures Net change in fund balances (294,662) Fund deficit – beginning Fund deficit - ending $ (294,662) 156 (294,662) $ (294,662) $ 1,189,409 1,189,409 (2,049,595) (1,754,933) (860,186) $ (565,524) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 75,000 5,500 Interest income $ 80,500 Total revenues 75,000 5,500 $ 80,500 165,769 910 $ 166,679 90,769 (4,590) 86,179 EXPENDITURES Current: Public safety Total expenditures 80,500 80,500 80,500 80,500 80,500 80,500 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 100,073 $ 100,073 157 100,073 $ 100,073 166,679 166,679 166,679 166,679 88,233 $ 254,912 (11,840) $ 154,839 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income 10,699,768 $ 100,000 10,699,768 $ $ 409,561 50,250 (49,750) 10,799,768 10,799,768 6,346 11,165,925 6,346 366,157 33,799,768 34,071,802 29,773,933 4,297,869 33,799,768 34,071,802 134,607 29,908,540 (134,607) 4,163,262 (23,000,000) (23,272,034) (18,742,615) 4,529,419 14,743,225 14,743,225 15,015,259 15,015,259 15,015,259 15,015,259 (8,256,775) (8,256,775) (3,727,356) 8,773,511 8,773,511 8,694,090 Miscellaneous Total revenues 11,109,329 100,000 EXPENDITURES Current: Public safety 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 $ 516,736 158 $ 516,736 $ 4,966,734 4,529,419 (79,421) $ 4,449,998 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income 1,661,000 $ 1,661,000 $ 1,568,789 $ (92,211) 9,600 1,670,600 9,600 1,670,600 15,520 1,584,309 5,920 (86,291) 1,970,600 1,970,600 1,205,689 764,911 1,970,600 1,970,600 42,243 1,247,932 (42,243) 722,668 Excess (deficiency) of revenues over expenditures (300,000) (300,000) 336,377 636,377 Net change in fund balances (300,000) (300,000) 336,377 636,377 Total revenues EXPENDITURES Current: Public safety Capital Outlay Total expenditures Fund balance – beginning Fund balance – ending 1,582,748 $ 1,282,748 159 1,582,748 $ 1,282,748 1,921,296 $ 2,257,673 338,548 $ 974,925 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ 924,686 Interest income $ 924,686 $ 792,086 $ (132,600) 12,127 12,127 7,810 (4,317) 936,813 936,813 799,896 (136,917) 1,936,813 1,936,813 778,631 1,158,182 1,936,813 1,936,813 778,631 1,158,182 Excess (deficiency) of revenues over expenditures (1,000,000) (1,000,000) 21,265 1,021,265 Net change in fund balances (1,000,000) (1,000,000) 21,265 1,021,265 1,092,886 1,092,886 1,101,994 9,108 Total revenues EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 92,886 160 $ 92,886 $ 1,123,259 $ 1,030,373 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Justice Court Photo Enforcement Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 75,000 $ 75,000 $ Interest income Total revenues 9,388 $ (65,612) 2,120 2,120 75,000 75,000 11,508 (63,492) 921,000 921,000 139,383 781,617 921,000 921,000 139,383 781,617 (846,000) (846,000) (127,875) 718,125 (846,000) (846,000) (127,875) 718,125 1,111,478 1,111,478 527,580 (583,898) EXPENDITURES Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 265,478 161 $ 265,478 $ 399,705 $ 134,227 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Justice Courts Special Revenue Fund – Special Revenue Fund For the Fiscal Year Ended June 30, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 6,466,980 Interest income Total revenues $ 6,466,980 $ 6,480,452 $ 13,472 5,592 5,592 237 (5,355) 6,472,572 6,472,572 6,480,689 8,117 6,472,572 6,472,572 6,110,918 361,654 EXPENITURES Current: Public safety Capital outlay Total expenditures 6,472,572 6,472,572 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 156,659 $ 156,659 162 156,659 $ 156,659 16,469 (16,469) 6,127,387 345,185 353,302 353,302 353,302 353,302 63,080 $ 416,382 (93,579) $ 259,723 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 290,000 Interest income Total revenues $ 290,000 $ 286,814 $ (3,186) 16,633 16,633 5,688 (10,945) 306,633 306,633 292,502 (14,131) 306,633 306,633 302,430 4,203 306,633 306,633 302,430 4,203 EXPENDITURES Current: Public safety Total expenditures (9,928) Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 777,213 $ 777,213 163 777,213 $ 777,213 $ (9,928) (9,928) (9,928) 828,281 51,068 818,353 $ 41,140 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, 2012 Budgeted Amounts Original Variance with Final BudgetPositive (Negative) Actual Amounts Final REVENUES Intergovernmental $ Interest income Total revenues 4,971,658 $ 4,914,610 $ 3,938,279 $ (976,331) 12,000 198,080 4,660 (193,420) 4,983,658 5,112,690 3,942,939 (1,169,751) 4,983,658 5,112,690 3,792,535 1,320,155 4,983,658 5,112,690 3,792,535 1,320,155 150,404 150,404 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 114,348 $ 114,348 164 114,348 $ 114,348 $ 150,404 150,404 (213,798) (328,146) (63,394) $ (177,742) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Fines and forfeits 426,934 $ 3,700,000 Interest income Revenues Total 426,934 $ 3,700,000 510,715 $ 3,475,237 83,781 (224,763) 6,000 6,000 3,734 (2,266) 4,132,934 4,132,934 3,989,686 (143,248) 4,132,934 4,132,934 3,588,166 544,768 4,132,934 4,132,934 3,588,166 544,768 401,520 401,520 401,520 401,520 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 724,027 $ 724,027 165 724,027 $ 724,027 811,966 $ 1,213,486 87,939 $ 489,459 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ Miscellaneous Total revenues $ $ 391 10,000 10,000 10,000 10,000 2,632 3,023 10,000 10,000 10,000 10,000 9,985 9,985 $ 391 (7,368) (6,977) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 80,688 $ 80,688 166 80,688 $ 80,688 15 15 (6,962) (6,962) (6,962) (6,962) 72,503 $ 65,541 (8,185) $ (15,147) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 1,837,898 Fines and forfeits Interest income Miscellaneous $ 1,837,898 $ 1,888,994 $ 51,096 50 50 1,035 26,000 26,000 14,170 (11,830) 985 150,000 150,000 162,883 12,883 2,013,948 2,013,948 2,067,082 53,134 2,168,948 2,168,948 2,005,229 163,719 570,000 570,000 2,738,948 2,738,948 2,005,229 733,719 Excess (deficiency) of revenues over expenditures (725,000) (725,000) 61,853 786,853 Net change in fund balances (725,000) (725,000) 61,853 786,853 Total revenues EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Fund balance – beginning Fund balance – ending $ 1,729,523 1,004,523 167 $ 1,729,523 1,004,523 570,000 $ 1,914,527 1,976,380 $ 185,004 971,857 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 1,408,000 $ 1,408,000 $ 1,315,957 Fines and forfeits 2,000 2,000 1,790 Interest income 7,000 7,000 13,804 Miscellaneous $ (92,043) (210) 6,804 8,000 8,000 10,895 1,425,000 1,425,000 1,342,446 (82,554) 1,425,000 1,425,000 1,061,434 363,566 1,425,000 1,425,000 1,061,434 363,566 Excess of revenues over expenditures 281,012 281,012 Net change in fund balances 281,012 281,012 Total revenues 2,895 EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 1,642,410 1,642,410 168 $ 1,642,410 1,642,410 $ 1,747,800 2,028,812 $ 105,390 386,402 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, 2012 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 56 59,056 59,000 59,000 59,000 59,000 59,000 59,000 $ 56 56 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 2,090 $ 2,090 169 2,090 $ 2,090 56 56 56 56 2,187 $ 2,243 97 $ 153 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes $ Intergovernmental 18,879,365 $ 18,879,365 $ 18,935,257 $ 55,892 320,352 320,352 327,393 7,041 2,968,773 2,968,773 3,397,320 428,547 Fines and forfeits 723,750 723,750 764,322 40,572 Interest income 50,000 130,410 50,000 167,001 133,598 396,776 83,598 229,775 23,072,650 23,109,241 23,954,666 845,425 24,103,386 378,000 25,139,977 378,000 21,947,084 268,108 3,192,893 109,892 Total expenditures 24,481,386 25,517,977 22,215,192 3,302,785 Excess (deficiency) of revenues over expenditures (1,408,736) (2,408,736) 1,739,474 4,148,210 (1,408,736) (2,408,736) 1,739,474 4,148,210 Charges for services Miscellaneous Total revenues EXPENDITURES Current: Culture and recreation Capital outlay Net change in fund balances Fund balance – beginning Fund balance – ending 15,480,230 $ 14,071,494 170 15,480,230 $ 13,071,494 15,737,273 $ 17,476,747 257,043 $ 4,405,253 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 43,564 40,000 Miscellaneous Total revenues $ 188,775 40,000 $ 290,327 $ 101,552 (40,000) 83,564 228,775 290,327 61,552 83,564 228,775 290,327 (61,552) 83,564 228,775 290,327 (61,552) EXPENDITURES Current: Culture and recreation Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ $ 171 $ $ 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental Total revenues $ 160,140 $ 355,702 $ 203,520 $ (152,182) $ 160,140 $ 355,702 $ 203,520 $ (152,182) EXPENDITURES Current: Public safety 143,780 16,360 339,342 16,360 42,512 175,000 296,830 (158,640) 160,140 355,702 217,512 138,190 (13,992) (13,992) Net change in fund balances (13,992) (13,992) Fund balance (deficit) – beginning (445) Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Fund balance (deficit) – ending $ $ 172 $ (14,437) (445) $ (14,437) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 501,208 $ 501,208 $ Interest income Total revenues 501,208 501,208 501,208 2,490 503,698 $ 2,490 2,490 EXPENDITURES Current: 562,854 562,854 468,087 94,767 Total expenditures 562,854 562,854 468,087 94,767 Excess (deficiency) of revenues over expenditures (61,646) (61,646) 35,611 97,257 Public safety Net change in fund balances Fund balance – beginning Fund balance – ending $ (61,646) (61,646) 35,611 596,176 596,176 441,781 534,530 173 $ 534,530 $ 477,392 97,257 (154,395) $ (57,138) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ $ Total revenues 4,820 $ 4,820 $ 4,820 4,820 4,820 2,904 1,916 4,820 2,904 1,916 1,916 1,916 EXPENDITURES Current: Culture and recreation Total expenditures Excess of revenues over expenditures Net change in fund balances Fund deficit (deficit) – beginning Fund deficit – ending 7,273 $ 7,273 174 7,273 $ 7,273 $ 1,916 1,916 (1,916) (9,189) $ (7,273) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ 19,500 43,290 Miscellaneous Total revenues $ 19,500 43,290 $ 4,486 40,706 $ (15,014) (2,584) 62,790 62,790 45,192 (17,598) EXPENDITURES Current: 112,974 112,974 20,677 92,297 Total expenditures 112,974 112,974 20,677 92,297 Excess (deficiency) of revenues over expenditures (50,184) (50,184) 24,515 74,699 74,699 Culture and recreation Net change in fund balances Fund balance – beginning Fund balance – ending $ (50,184) (50,184) 24,515 608,999 608,999 614,135 558,815 175 $ 558,815 $ 638,650 5,136 $ 79,835 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Miscellaneous Total revenues 2,462,941 $ 2,462,941 $ 2,604,476 $ 141,535 68,409 1,210,905 68,409 1,210,905 12,815 1,429,788 (55,594) 218,883 3,742,255 3,742,255 4,047,079 304,824 4,307,826 100,000 4,307,826 100,000 3,660,938 190,807 646,888 (90,807) 4,407,826 4,407,826 3,851,745 556,081 (665,571) (665,571) 195,334 860,905 35,050 (125,000) 75,050 (125,000) 61,082 (125,000) (13,968) (89,950) (49,950) (63,918) (13,968) (755,521) (715,521) 131,416 846,937 EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending 1,595,557 $ 840,036 176 1,595,557 $ 880,036 1,802,967 $ 1,934,383 207,410 $ 1,054,347 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ Miscellaneous Total revenues 1,000 219,000 $ 1,000 219,000 $ 358 254,876 $ (642) 35,876 220,000 220,000 255,234 35,234 184,950 184,950 194,153 (9,203) 184,950 184,950 194,153 (9,203) 35,050 35,050 61,081 26,031 (35,050) (75,050) (61,082) 13,968 (35,050) (75,050) (61,082) 13,968 (40,000) (1) 39,999 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 (deficit) – ending 19,847 19,847 $ 177 $ 19,847 (20,153) $ 33,271 33,270 $ 13,424 53,423 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 166,950 Interest income $ 166,950 $ 154,298 $ (12,652) 5,000 100 5,000 100 1,288 2,595 172,050 172,050 158,181 13,869 318,591 12,000 318,591 12,000 242,322 76,269 12,000 330,591 330,591 242,322 88,269 Deficiency of revenues under expenditures (158,541) (158,541) (84,141) 74,400 Net change in fund balances (158,541) (158,541) (84,141) 74,400 Miscellaneous Total revenues (3,712) 2,495 EXPENDITURES Current: Culture and recreation Capital outlay Total expenditures Fund balance – beginning Fund balance – ending $ 292,331 133,790 178 $ 292,331 133,790 $ 276,751 192,610 $ (15,580) 58,820 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ 3,943,584 3,853,299 $ (90,285) 3,946,551 3,946,551 4,111,786 165,235 Fines and forfeits 53,000 53,000 359,998 306,998 Interest income 58,589 2,420 58,589 2,420 20,573 19,285 (38,016) 16,865 8,004,144 8,004,144 8,364,941 360,797 7,259,092 1,053,660 7,259,092 1,053,660 7,676,045 (416,953) 1,053,660 8,312,752 8,312,752 7,676,045 636,707 (308,608) (308,608) 688,896 997,504 (308,608) (308,608) 688,896 997,504 Charges for services Miscellaneous Total revenues $ 3,943,584 $ EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 1,971,122 $ 1,662,514 179 1,971,122 $ 1,662,514 2,127,013 $ 2,815,909 $ 155,891 1,153,395 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income 460,531 4,000 $ 460,531 4,000 $ 463,947 2,233 464,531 464,531 466,180 564,531 564,531 564,531 564,531 564,531 564,531 Deficiency of revenues under expenditures (100,000) (100,000) (98,351) Net change in fund balances (100,000) (100,000) 348,759 348,759 Total revenues $ 3,416 (1,767) 1,649 EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 248,759 180 $ 248,759 1,649 (98,351) 1,649 483,530 $ 385,179 134,771 $ 136,420 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 1,337,366 $ 1,337,366 $ Interest income 988,443 5,227 $ (348,923) 5,227 1,337,366 1,337,366 993,670 (343,696) 2,678,475 2,678,475 1,421,908 265,307 1,256,567 (265,307) 2,678,475 2,678,475 1,687,215 991,260 Deficiency of revenues under expenditures (1,341,109) (1,341,109) (693,545) 647,564 Net change in fund balances (1,341,109) (1,341,109) (693,545) 647,564 1,345,852 1,345,852 1,321,357 Total revenues EXPENDITURES Current: Public safety Capital Outlay Total expenditures Fund balance – beginning Fund balance – ending $ 4,743 181 $ 4,743 $ 627,812 (24,495) $ 623,069 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 502,670 $ 502,670 $ 390,783 $ (111,887) 502,670 502,670 390,783 (111,887) 502,670 502,670 389,672 112,998 502,670 502,670 389,672 112,998 1,111 1,111 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance (deficit)– beginning Fund balance (deficit)– ending 7,927 $ 7,927 182 7,927 $ 7,927 $ 1,111 1,111 (8,055) (15,982) (6,944) $ (14,871) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 427,857 $ 427,857 $ Interest income 429,405 $ 1,548 4,988 4,988 1,221 5,675 432,845 432,845 436,301 3,456 617,305 617,305 354,611 262,694 617,305 617,305 354,611 262,694 Excess (deficiency) of revenues over expenditures (184,460) (184,460) 81,690 266,150 Net change in fund balances (184,460) (184,460) 81,690 266,150 218,306 218,306 203,083 Miscellaneous Total revenues 1,221 687 EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 33,846 183 $ 33,846 $ 284,773 (15,223) $ 250,927 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for services Miscellaneous Total revenues 48,823,211 $ 48,823,211 $ 43,855,597 $ (4,967,614) 533,000 90,196 533,000 90,196 604,979 123,834 71,979 33,638 49,446,407 49,446,407 44,584,410 (4,861,997) 49,346,407 100,000 49,346,407 100,000 44,854,097 283,860 4,492,310 (183,860) 49,446,407 49,446,407 45,137,957 4,308,450 (553,547) (553,547) EXPENDITURES Current: Health, welfare and sanitation Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund deficit – beginning (2,700,828) (2,700,828) (553,547) (553,547) (3,881,030) (1,180,202) Change in nonspendable resources: Decrease in inventories Fund deficit – ending (41,290) $ (2,700,828) 184 $ (2,700,828) $ (4,475,867) (41,290) $ (1,775,039) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 4,283,876 89,957 $ 4,283,876 89,957 $ 4,419,332 40,799 $ 135,456 (49,158) 4,373,833 4,373,833 4,460,131 86,298 4,578,163 4,783,756 4,105,444 268,563 678,312 (268,563) 4,578,163 4,783,756 4,374,007 409,749 (204,330) (409,923) 86,124 496,047 30,000 30,000 29,186 (814) 30,000 30,000 29,186 (814) (174,330) (379,923) 115,310 495,233 5,098,857 5,098,857 5,301,609 202,752 1,840 1,840 EXPENDITURES Current: Health, welfare and sanitation Capital outlay 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 Change in nonspendable resources: Increase in inventories Fund balance – ending $ 4,924,527 185 $ 4,718,934 $ 5,418,759 $ 699,825 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 4,560,000 Interest Income $ 4,560,000 $ 4,257,298 $ (302,702) 30,000 30,000 27,261 1,500 (2,739) 1,500 4,590,000 4,590,000 4,286,059 (303,941) 4,389,738 2,555,000 4,389,738 2,555,000 3,174,949 2,670,829 1,214,789 (115,829) 6,944,738 6,944,738 5,845,778 1,098,960 Deficiency of revenues under expenditures (2,354,738) (2,354,738) (1,559,719) 795,019 Net change in fund balances (2,354,738) (2,354,738) (1,559,719) 795,019 Miscellaneous Total revenues EXPENDITURES Current: General government Capital outlay Total expenditures Fund balance – beginning Fund balance – ending $ 5,577,189 3,222,451 186 $ 5,577,189 3,222,451 $ 5,435,543 3,875,824 $ (141,646) 653,373 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, 2012 Variance with Final BudgetBudgeted Amounts Original Final Actual Positive Amounts (Negative) REVENUES Charges for Services $ 128,763 Total revenues $ 128,763 $ 179,662 $ 50,899 128,763 128,763 179,662 50,899 128,763 128,763 88,849 39,914 128,763 128,763 88,849 39,914 90,813 90,813 90,813 90,813 EXPENDITURES Current: Education Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance - ending 40,398 40,398 $ 187 $ 40,398 40,398 $ 53,535 144,348 $ 13,137 103,950 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 8,679,759 $ 8,679,759 $ Interest income Miscellaneous Total revenues 4,830,222 $ (3,849,537) 3,569 50 3,569 50 8,679,759 8,679,759 4,833,841 (3,845,918) 8,549,759 130,000 8,549,759 130,000 5,040,447 3,509,312 130,000 8,679,759 8,679,759 5,040,447 3,639,312 (206,606) (206,606) (206,606) (206,606) EXPENDITURES Current: Education Capital Outlay Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance (deficit) – beginning Fund balance (deficit) – ending 550,309 $ 550,309 188 550,309 $ 550,309 (51,754) $ (258,360) (602,063) $ (808,669) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 600,000 600,000 Total revenues $ 600,000 600,000 $ 390,491 390,491 $ (209,509) (209,509) EXPENDITURES Current: Education Total expenditures 600,000 600,000 529,039 70,961 600,000 600,000 529,039 70,961 (138,548) (138,548) (138,548) (138,548) Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 494,681 $ 494,681 189 494,681 $ 494,681 364,921 $ 226,373 (129,760) $ (268,308) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ 568 25,732 Miscellaneous Total revenues $ 568 25,732 $ 636 18,941 $ 68 (6,791) 26,300 26,300 19,577 (6,723) 26,300 26,300 19,722 6,578 26,300 26,300 19,722 6,578 (145) (145) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 109,220 $ 109,220 190 109,220 $ 109,220 $ (145) (145) 108,136 (1,084) 107,991 $ (1,229) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 4,909,844 Fines and forfeits $ 7,886,248 $ 7,522,860 $ (363,388) 800,000 900,000 1,266,718 420 366,718 420 5,709,844 8,786,248 8,789,998 3,750 4,823,844 886,000 6,802,916 1,983,332 6,023,665 1,808,103 779,251 175,229 5,709,844 8,786,248 7,831,768 954,480 Excess of revenues over expenditures 958,230 958,230 Net change in fund balances 958,230 958,230 Interest income Total revenues EXPENDITURES Current: Public safety Capital outlay Total expenditures Fund balance – beginning Fund balance – ending 687,225 687,225 $ 191 $ 687,225 687,225 $ (1,700,435) (742,205) $ (1,013,210) (54,980) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Total revenues 1,560,000 1,560,000 $ 1,560,000 1,560,000 $ 1,413,311 1,413,311 $ (146,689) (146,689) EXPENDITURES Current: 3,115,000 Public safety 445,000 3,115,000 445,000 2,237,382 79,702 877,618 365,298 3,560,000 3,560,000 2,317,084 1,242,916 (2,000,000) (2,000,000) (903,773) 1,096,227 (2,000,000) (2,000,000) (903,773) 1,096,227 2,043,344 2,043,344 2,597,706 Capital outlay Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 43,344 192 $ 43,344 $ 1,693,933 554,362 $ 1,650,589 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ 2,000,000 $ 2,000,000 $ Miscellaneous Total revenues 938,818 $ (1,061,182) 2,000,000 2,000,000 16,121 954,939 16,121 (1,045,061) 1,686,000 314,000 1,686,000 314,000 944,977 8,584 741,023 305,416 2,000,000 2,000,000 953,561 1,046,439 1,378 1,378 EXPENDITURES Current: Public safety Capital outlay Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance (deficit)– beginning Fund balance (deficit) – ending $ $ 193 $ 1,378 1,378 (7,378) (7,378) (6,000) $ (6,000) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 109,657 $ 109,657 $ Interest income Revenues total 109,657 912 $ 912 109,657 109,657 110,569 912 109,657 109,657 74,554 11,833 35,103 (11,833) 109,657 109,657 86,387 23,270 24,182 24,182 EXPENDITURES Current: Education Capital Outlay Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 133,435 $ 133,435 194 133,435 $ 133,435 $ 24,182 24,182 119,086 (14,349) 143,268 $ 9,833 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Miscellaneous Total revenues 72,000 $ 72,000 $ 102,324 $ 30,324 1 48,000 1 48,000 6,257 77,491 6,256 29,491 120,001 120,001 186,072 66,071 1,993,701 190,000 2,393,701 190,000 2,208,721 223,794 184,980 (33,794) 2,183,701 2,583,701 2,432,515 151,186 (2,063,700) (2,463,700) (2,246,443) 217,257 335,740 380,070 (5,500) 240,338 (5,500) (139,732) 335,740 374,570 234,838 (139,732) (1,727,960) (2,089,130) (2,011,605) 77,525 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 Net change in fund balances Fund balance – beginning Fund deficit – ending 1,201,017 $ (526,943) 195 1,201,017 $ (888,113) 2,010,467 $ (1,138) 809,450 $ 886,975 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 115,171 $ 115,171 $ 118,619 $ 3,448 750 115,921 750 115,921 760 119,379 10 3,458 115,921 115,921 115,920 1 115,921 115,921 115,920 1 3,459 3,459 EXPENDITURES Current: Public safety Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 127,559 127,559 196 $ 127,559 127,559 $ 3,459 3,459 143,249 146,708 15,690 19,149 $ 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 3,021,124 $ 2,006,212 $ 2,007,812 1,600 3,022,724 1,600 2,007,812 2,007,812 $ 1,600 (1,600) EXPENDITURES Current: 3,122,724 2,168,886 2,055,085 113,801 3,122,724 2,168,886 2,055,085 113,801 Deficiency of revenues under expenditures (100,000) (161,074) (47,273) 113,801 Net change in fund balances (100,000) (161,074) (47,273) 113,801 631,350 631,350 158,944 (472,406) Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 531,350 197 $ 470,276 $ 111,671 $ (358,605) 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ $ Miscellaneous Total revenues $ 242,927 $ 242,927 304,341 304,341 304,341 304,341 242,927 (303,341) (61,414) 304,341 304,341 201,794 102,547 304,341 304,341 201,794 102,547 41,133 41,133 41,133 41,133 EXPENDITURES Current: General government Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 278,170 $ 278,170 198 278,170 $ 278,170 289,430 $ 330,563 11,260 $ 52,393 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 500,000 500,000 Total revenues $ 500,000 500,000 $ 79,017 79,017 $ (420,983) (420,983) EXPENDITURES Current: Highways and streets Capital outlay Total expenditures 311,000 189,000 311,000 189,000 63,266 247,734 189,000 500,000 500,000 63,266 436,734 15,751 15,751 Excess of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund balance (deficit) – ending (27,169) $ (27,169) 199 (27,169) $ (27,169) $ 15,751 15,751 (15,751) 11,418 $ 27,169 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Licenses and permits $ Intergovernmental 650,000 $ 86,403,394 Charges for services Interest income Miscellaneous Total revenues 650,000 $ 86,403,394 754,044 $ 87,680,104 104,044 1,276,710 25,115 25,115 40,669 15,554 800,000 399,527 800,000 399,527 416,489 867,674 (383,511) 468,147 88,278,036 88,278,036 89,758,980 1,480,944 54,375,190 5,616,908 54,375,190 5,616,908 49,353,571 4,568,990 5,021,619 1,047,918 59,992,098 59,992,098 53,922,561 6,069,537 28,285,938 28,285,938 35,836,419 7,550,481 (28,411,419) 5,500 (28,411,419) 5,500 (28,411,416) 3 (28,411,419) (28,405,919) (28,405,916) 3 (125,481) (119,981) 7,430,503 7,550,484 28,545,354 28,545,354 31,271,320 2,725,966 (97,270) (97,270) 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 Change in nonspendable resources: Decrease in inventories Fund balance – ending $ 28,419,873 200 $ 28,425,373 $ 38,604,553 $ 10,179,180 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for services Interest income Total revenues 1,932,995 $ 1,932,995 $ 1,185,578 $ (747,417) 1,068,405 1,000 1,068,405 1,000 854,061 (214,344) (1,000) 3,002,400 3,002,400 2,039,639 (962,761) 3,002,400 3,002,400 2,052,956 949,444 3,002,400 3,002,400 2,052,956 949,444 (13,317) (13,317) (13,317) (13,317) EXPENDITURES Current: Public safety Total expenditures Excess (deficiency) of revenues over expenditures Net change in fund balances Fund deficit – beginning Fund deficit – ending (151,702) $ (151,702) 201 (151,702) $ (151,702) (29,570) $ (42,887) 122,132 $ 108,815 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 5,724,540 Interest income 5,724,540 $ 4,943,151 $ (781,389) 60,000 13,000 1,603 8,423 (58,397) (4,577) 5,797,540 5,797,540 4,953,177 (844,363) 6,029,540 6,029,540 6,029,540 6,029,540 5,137,142 5,137,142 892,398 892,398 (232,000) (232,000) (183,965) 48,035 (232,000) (232,000) (183,965) 48,035 558,201 558,201 1,061,809 503,608 Miscellaneous Total revenues $ 60,000 13,000 EXPENDITURES Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 326,201 202 $ 326,201 $ 877,844 $ 551,643 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ 24,000 Interest income $ 16,000 24,000 $ $ (16,748) 5,657 (10,343) 40,000 40,000 11,708 24,617 11,708 (15,383) 40,000 40,000 25,603 14,397 40,000 40,000 25,603 14,397 Miscellaneous Total revenues 7,252 16,000 EXPENDITURES Current: Public safety Total expenditures (986) Excess (deficiency) of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 778,036 $ 778,036 203 778,036 $ 778,036 $ (986) (986) (986) 779,211 1,175 778,225 $ 189 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Fines and forfeits $ Interest income Total revenues 88,000 $ 88,000 12,000 100,000 12,000 100,000 100,000 100,000 100,000 100,000 $ 164,941 $ 8,691 173,632 76,941 (3,309) 73,632 EXPENDITURES Current: Public safety Total expenditures 100,000 100,000 Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 1,024,837 $ 1,024,837 204 1,024,837 $ 1,024,837 173,632 173,632 173,632 173,632 1,084,076 $ 1,257,708 59,239 $ 232,871 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ 8,000 8,000 Total revenues $ 8,000 8,000 $ 3,170 3,170 $ (4,830) (4,830) EXPENDITURES Current: Public safety Total expenditures Deficiency of revenues under expenditures Net change in fund balances Fund balance – beginning Fund balance – ending $ 75,000 75,000 36,879 38,121 75,000 75,000 36,879 38,121 (67,000) (67,000) (33,709) 33,291 33,291 (67,000) (67,000) (33,709) 150,291 150,291 146,753 83,291 205 $ 83,291 $ 113,044 (3,538) $ 29,753 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ 65,000 Interest Income $ 5,820 65,000 $ $ (65,000) 5,820 2,602 (3,218) 70,820 70,820 65,000 67,602 65,000 (3,218) 484,410 484,410 26,153 458,257 484,410 484,410 26,153 458,257 Excess (deficiency) of revenues over expenditures (413,590) (413,590) 41,449 455,039 Net change in fund balances (413,590) (413,590) 41,449 455,039 413,846 413,846 492,236 Miscellaneous Total revenues EXPENDITURES Current: Public safety Total expenditures Fund balance – beginning Fund balance – ending $ 256 206 $ 256 $ 533,685 78,390 $ 533,429 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, 2012 Variance with Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for services Interest income Total revenues 4,597,203 $ 4,857,203 $ 4,531,883 $ (325,320) 150,000 10,000 150,000 10,000 183,883 3,402 33,883 (6,598) 4,757,203 5,017,203 4,719,168 (298,035) 4,757,203 5,017,203 4,638,461 378,742 4,757,203 5,017,203 4,638,461 378,742 80,707 80,707 EXPENDITURES Current: Health, welfare and sanitation Total expenditures Excess of revenues over expenditures Net change in fund balances Fund balance – beginning Fund balance – ending 1,548,293 $ 1,548,293 207 1,548,293 $ 1,548,293 $ 80,707 80,707 1,103,319 (444,974) 1,184,026 $ (364,267) 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for services $ Interest income Total revenues 1,238,574 $ 1,238,574 $ 2,044,982 $ 806,408 9,608 1,248,182 9,608 1,248,182 5,235 2,050,217 (4,373) 802,035 19,408,417 19,408,417 13,595,551 5,812,695 5,812,866 (5,812,695) 19,408,417 19,408,417 19,408,246 171 (18,160,235) (18,160,235) (17,358,029) 802,206 EXPENDITURES Current: Principal Interest 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 23,578,935 23,578,935 23,578,935 23,578,935 23,578,935 23,578,935 5,418,700 5,418,700 6,220,906 6,818,550 $ 12,237,250 208 6,818,550 $ 12,237,250 802,206 6,787,380 $ 13,008,286 (31,170) $ 771,036 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes $ Interest income Total revenues 4,321,745 300,000 $ 4,321,745 300,000 $ 5,191,681 $ 869,936 335,340 5,527,021 35,340 905,276 1,861,968 (1,852,039) 4,621,745 4,621,745 6,631,968 6,631,968 4,770,000 1,852,039 6,631,968 6,631,968 6,622,039 9,929 (2,010,223) (2,010,223) (1,095,018) 915,205 1,200,000 (115,500) 1,200,000 (115,500) 1,200,000 (115,500) 1,084,500 1,084,500 1,084,500 (925,723) (925,723) (10,518) EXPENDITURES Debt service: Principal Interest 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 Fund balance – ending 8,770,121 $ 7,844,398 209 8,770,121 $ 7,844,398 915,205 9,255,676 $ 9,245,158 485,555 $ 1,400,760 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ $ $ Miscellaneous Total revenues 1,110,691 $ 1,110,691 129,549 1,240,240 129,549 1,240,240 EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures 101,873,974 101,873,974 33,600,450 68,273,524 101,873,974 101,873,974 33.600.450 68,273,524 (101,873,974) (101,873,974) (32,360,210) 69,513,764 16,000,000 (5,700,000) 16,000,000 (5,700,000) 16,000,000 (5,700,000) 10,300,000 10,300,000 10,300,000 (91,573,974) (91,573,974) (22,060,210) 263,887,500 263,887,500 266,185,243 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending $ 172,313,526 210 $ 172,313,526 $ 244,125,033 69,513,764 2,297,743 $ 71,811,507 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Detention Technology Capital Improvement Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) EXPENDITURES Capital outlay $ Total expenditures Deficiency of revenues under expenditures 12,279,466 12,279,466 $ 12,279,466 12,279,466 $ 1,818,673 1,818,673 (12,279,466) (12,279,466) (1,818,673) 9,049,950 9,049,950 9,049,950 9,049,950 9,049,950 9,049,950 (3,229,516) (3,229,516) 7,231,277 8,040,660 8,040,660 9,158,123 $ 10,460,793 10,460,793 10,460,793 OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance – beginning Fund balance – ending $ 4,811,144 211 $ 4,811,144 $ 16,389,400 10,460,793 1,117,463 $ 11,578,256 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ 11,637,000 $ 11,637,000 $ Miscellaneous Total revenues 12,870,348 $ 1,233,348 11,637,000 11,637,000 41,371 12,911,719 41,371 1,274,719 60,000,000 60,000,000 55,203,251 4,796,749 60,000,000 60,000,000 55,203,251 4,796,749 (48,363,000) (48,363,000) (42,291,532) 6,071,468 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 45,000,000 (3,363,000) (3,363,000) 2,708,468 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 $ 34,447,306 31,084,306 212 $ 34,447,306 31,084,306 $ 31,777,747 34,486,215 6,071,468 $ (2,669,559) 3,401,909 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Charges for Services $ 806,408 $ 806,408 $ Miscellaneous Total revenues $ (806,408) 806,408 806,408 451,155 451,155 451,155 (355,253) 95,154,377 95,154,377 87,710,844 87,710,844 49,835,264 49,835,264 37,875,580 37,875,580 (94,347,969) (86,904,436) (49,384,109) 37,520,327 17,543,052 (22,438,376) 112,243,052 (22,438,376) 112,239,628 (22,438,376) (3,424) (4,895,324) 89,804,676 89,801,252 (3,424) (99,243,293) 2,900,240 40,417,143 37,516,903 EXPENDITURES Capital outlay Total expenditures Deficiency of revenues under expenditures OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources (uses) Net change in fund balances Fund balance – beginning, as restated Fund balance – ending $ 284,235,480 184,992,187 213 $ 284,235,480 287,135,720 $ 271,872,828 312,289,971 $ (12,362,652) 25,154,251 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest income $ $ $ Total revenues 1,406 1,406 $ 1,406 1,406 EXPENDITURES Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures 125,000 125,000 125,000 125,000 125,000 125,000 (125,000) (125,000) 1,406 126,406 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing uses Net change in fund balances Fund balance – beginning Fund balance – ending $ 125,000 125,000 125,000 (2,442,052) (2,317,052) (2,442,052) (2,317,052) (2,438,628) (2,313,628) 3,424 3,424 (2,442,052) (2,442,052) (2,312,222) 129,830 2,448,457 6,405 214 $ 2,448,457 6,405 $ 2,452,869 140,647 $ 4,412 134,242 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Interest Income $ $ $ Miscellaneous Total revenues $ Net change in fund balances Fund balance – beginning 692,024 $ 692,024 215 692,024 $ 692,024 $ 12,201 48,633 60,834 60,834 Excess of revenues over expenditures Fund balance – ending 12,201 48,633 60,834 60,834 60,834 60,834 1,656,077 964,053 1,716,911 $ 1,024,887 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Taxes $ 100 Interest income Miscellaneous Total revenues $ 100 $ 322 $ 222 1,000 1,000 1,283 283 750,000 751,100 750,000 751,100 789,141 790,746 39,141 39,646 EXPENDITURES 3,000 2,003,000 1,959,477 43,523 3,000 2,003,000 1,959,477 43,523 748,100 (1,251,900) (1,168,731) 83,169 864,221 864,221 969,847 105,626 864,221 864,221 969,847 105,626 1,612,321 (387,679) (198,884) 188,795 Capital outlay 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 9,108,997 $ 10,721,318 216 9,108,997 $ 8,721,318 9,150,447 $ 8,951,563 41,450 $ 230,245 Maricopa County Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual Technology Capital Improvement Fund – Capital Projects Fund For the Fiscal Year Ended June 30, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) EXPENDITURES Capital outlay $ Total expenditures Deficiency of revenues under expenditures 99,002,554 $ 105,494,102 $ 35,498,196 $ 69,995,906 99,002,554 105,494,102 35,498,196 69,995,906 (99,002,554) (105,494,102) (35,498,196) 69,995,906 64,836,373 64,836,373 64,836,373 64,836,373 64,836,373 64,836,373 (34,166,181) (40,657,729) 29,338,177 69,995,906 141,814,761 141,814,761 149,494,635 7,679,874 OTHER FINANCING SOURCES Transfers in Total other financing sources Net change in fund balances Fund balance- beginning Fund balance – ending $ 107,648,580 217 $ 101,157,032 $ 178,832,812 $ 77,675,780 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, 2012 Variance With Final BudgetBudgeted Amounts Original Actual Amounts Final Positive (Negative) REVENUES Intergovernmental $ Charges for services 40,379,487 $ 14,705,998 40,379,487 $ $ (24,792,397) 4,700,589 (10,005,409) 55,085,485 55,085,485 68,440 20,356,119 68,440 (34,729,366) 115,550,123 115,550,123 78,654,844 36,895,279 115,550,123 115,550,123 78,654,844 36,895,279 (60,464,638) (60,464,638) (58,298,725) 2,165,913 28,411,419 28,411,419 28,411,419 28,411,419 28,411,416 28,411,416 (3) (3) (32,053,219) (32,053,219) (29,887,309) 2,165,910 Miscellaneous Total revenues 15,587,090 14,705,998 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 53,099,852 $ 21,046,633 218 53,099,852 $ 21,046,633 42,670,405 $ 12,783,096 (10,429,447) $ (8,263,537) Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects For the Fiscal Year Ended June 30, 2012 Budgeted Amounts Original Actual Amounts Final Variance with Final Budget GENERAL GOVERNMENT Intergovernmental Capital Projects Vulture Mountain Total Intergovernmental Capital Projects $ 125,000 $ 125,000 $ $ 125,000 $ 125,000 $ 125,000 $ $ 125,000 $ 10,833,755 $ 10,833,755 $ $ 2,134,440 General Fund County Improvements APS ES ESCO Improvements 8,699,315 Chambers Swing Space Remodel 2,399,905 2,399,905 1,645,062 754,843 Clerk of Sup Court Remodel 8,229,359 8,229,359 2,216,874 6,012,485 43,681,587 43,681,587 24,264,291 19,417,296 875,477 875,477 423,055 452,422 Old Courthouse Remodel 2,373,811 2,373,811 1,8987,024 476,787 Sheriff Crime Lab Relocation 2,606,806 2,606,806 1,653,236 953,570 13,463,560 13,463,560 7,375,134 6,088,426 3,178,584 3,178,584 1,625,820 1,552,764 68,000 87,710,844 $ 68,000 87,710,844 $ 35,453 49,835,264 $ 1,726,088 $ 1,726,088 $ 1,221,067 $ Court Tower Maricopa Regional Trail System Sheriff HQ Project Southeast Facility Remodel Vulture Mountain Total General Fund County Improvements $ 32,547 37,875,580 Technology Capital Improvements Contact Center System $ County Telephone System 17,287,800 Court Security Integration 17,287,800 4,987,205 505,021 12,300,595 1,000,000 1,000,000 12,151,400 12,151,400 11,601,546 1,123,000 1,123,000 422,029 700,971 Radio System 39,655,342 39,655,342 6,780,764 32,874,578 Sheriff HQ Project IT Infra 18,820,482 18,820,482 2,501,485 16,318,997 Infrastructure Refresh Ph II 13,729,990 105,494,102 $ 13,729,990 105,494,102 $ 7,984,100 35,498,196 $ 5,745,890 69,995,906 6,510,880 $ 6,510,880 $ 5,208,477 $ 1,302,403 Enterprise Data Ctnr Ct Integrated Workplace Mgmt Sys System Total Technology Capital Improvements $ 1,000,000 549,854 CRIMINAL JUSTICE Criminal Justice Facilities APS ES ESCO Improvements $ Court Tower 28,391,973 28,391,973 Project Reserve 50,971,212 50,971,121 $ 16,000,000 101,874,065 $ 16,000,000 101,873,974 $ 33,600,450 $ 16,000,000 68,273,524 $ 3,349,950 $ 3,349,950 $ 1,614,269 $ 1,735,681 Sheriff HQ Project Total Criminal Justice Facilities 28,391,973 50,971,121 Detention Technology Correctional Health Zone H Infra CHS Electronic Medical Records Sheriff Nice Vision Total Detention Technology $ 3,229,516 3,229,516 34,299 5,700,000 12,279,466 5,700,000 12,279,466 170,105 1,818,673 219 $ $ 3,195,217 $ 5,529,895 10,460,793 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2012 Budgeted Amounts Original Final Actual Amounts Variance with Final Budget PUBLIC SAFETY Ariz Canal Diversion Channel Buckeye #1 Buckeye/Sun Valley Admp Cave Buttes Dam City Of Scottsdale Durango Admp East Maricopa Floodway East Mesa Admp Flood Control CIP Floodprone Prop Acquisition Glendale/Peoria Admp Harquahala Frs Maint Road Paving Project Maryvale Admp Mcmicken Dam Metro Admp New River Dam Powerline Frs Queen Creek Admp S Phoenix Drainage Improvement Saddleback Flood Remed Struct Salt/Gila River Small Project Assistance Spook Hill Admp Spook Hill Frs Town Of Queen Creek White Tanks Admp White Tanks Dam #4 Wickenburg Adms Wittman Admp Total Public Safety $ $ $ $ 57,950,000 90,000 57,950,000 90,000 1,960,000 1,960,000 60,000,000 $ 60,000,000 276 593,486 53,205 383,176 2,609,226 635,015 1,665 7,346 $ (276) (593,486) (53,205) (383,176) (2,609,226) (635,015) (1,665) (7,346) 57,950,000 31,788 (1,510,035) (4,882) (3,859) (3,122,949) (424,338) (2,667,786) (5,363) (643,598) (9,044,685) (607,675) (649,340) (1,176,648) 267,952 (188,372) (302,449) (778,201) (22,947,179) (4,970,000) (4,667) (117,570) 58,212 1,510,035 4,882 3,859 3,122,949 424,338 2,667,786 5,363 643,598 9,044,685 607,675 649,340 1,176,648 1,692,048 188,372 302,449 778,201 22,947,179 4,970,000 4,667 117,570 $ 55,203,251 $ 4,796,749 $ 3,465 211 27,978 79,858 804,375 1,269,930 315,138 13,453 51,663 32,168 137,276 4,243 2,749 283,184 2,455 66,847 117 435,913 $ (3,465) (211) 467,022 (79,858) (354,375) 10,070 104,862 (13,453) 173,337 247,832 (2,276) (4,243) 367,251 91,816 (2,455) (26,847) (117) 274,087 HIGHWAYS AND STREETS 104th St Univ To Quarterline 115th Ave Bridge at Gila River 117th Ave Maddock to Joy Ranch 27th Ave Twin Pks Ln - New Rvr 56th St Montgomery To Lone Mtn 7th St Carefree Hwy Desert Hills 75Th Ave Bridge at Salt River 79Th Pl South of Apache Trail 87th Ave Deer Vly To Peoria Lmt 87th Ave Peoria Lmt to Williams 88th Ave Deer Vly To Williams 90th St McDowell to Quenton 91st Ave Baseline to Broadway 99Th Ave Olive To Bell Its Asphalt Rubber Overlay Arra Avondale At Mc 85 Aztech Smart Corridors PH III Bell Rd Sr303 To 75th Its $ $ 495,000 495,000 450,000 1,280,000 420,000 450,000 1,280,000 420,000 225,000 280,000 135,000 225,000 280,000 135,000 370,000 375,000 370,000 375,000 40,000 40,000 710,000 710,000 220 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2012 Budgeted Amounts Original Final Actual Amounts Variance with Final Budget HIGHWAYS AND STREETS (CONT.) Benchmarking Study Bridge Preservation Broadway Road at Hawes 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 Cave Cr Rd Carefree Hwy Impr County Arterials Deer Valley El Mirage To Lk P Desert Sage Sub Div Rehab Dobson Rd Bridge At Salt River Dust Mitigation Dynamite at 52nd Street Dysart Indian Sch To Glendale Eagle Eye Rd at Tiger Wash East Valley Sig Mod 6 E-Intellidrive Study Ph Iii El Mirage Bell Beardsley El Mirage Northern Bell El Mirage Northern To Cactus El Mirage Northern To Peoria El Mirage Picerne To Bell Elliot Rd And Sossaman Rd Ellsworth Rd Hunt Hwy Riggs Empire and Meridian Esco Central Plant Retrofits Esco Lighting Retrofits Fig Springs New Rvr Tnf Forest Rd Mcdowell - Rio Verde Ft Mcdowell Drainage Scoping FY 14 Lvr Dove Valley Area FY12 Ar Arterial Overlay FY12 Ar Arterial Overlay Ph2 FY 12 Cat II Lvr FY 12 Cat III Lvr FY 12 Cat L Lvr General Civil Engineering Gilbert Rd Lwc Flood Repair Gilbert Road Bridge Gric Lvr Aq Paving Highway Ops Bldg Remodel Iga With Phoenix For Pm10 Dsgn Improvements to Buckeye Yard Indian School At Beardsley Cnl Indn Schl Rd at El Mirage Rd Intelligent Trans Syst Its Iron Avenue IGA Lk Pleasant Rd Chs to Park Ent Low Volume Road Prog NE Valley Low Volume Road Prog NW Valley Low Volume Road Prog SE Valley Low Volume Road Prog SW Valley $ 35,000 995,000 $ 35,000 995,000 225,000 225,000 400,000 200,000 400,000 200,000 1,700,000 1,700,000 1,030,000 675,000 2,000,000 1,030,000 675,000 2,000,000 2,030,000 2,030,000 20,000 435,000 20,000 435,000 55,000 55,000 400,000 430,000 250,000 1,500,000 210,000 400,000 430,000 250,000 1,500,000 210,000 104,251 133,939 470,000 740,000 104,251 133,939 470,000 740,000 3,000,000 3,000,000 230,000 330,000 540,000 1,393,766 385,000 110,000 3,000,000 3,000,000 230,000 330,000 540,000 1,393,766 385,000 110,000 1,150,000 980,000 1,150,000 980,000 280,000 250,000 460,000 140,000 280,000 250,000 460,000 140,000 $ $ 691 170,553 681 6,982 56,348 992 1,437,337 732 773,750 416,382 1,113 77,843 221 381,484 192 71,789 765,370 2,728 487,776 592,577 395,988 155,605 123,579 81,183 18,226 213,317 226,546 708,336 147,698 38 1,811,047 2,759,646 106,517 6,907 256,306 5,601 442,318 1,142 117,879 463,294 10 111,117 1,093,388 100 245,070 369,618 59,684 3,237 2,514 19,935 35,000 995,000 (691) 54,447 (681) 393,018 143,652 (992) 262,663 (732) 1,030,000 (98,750) 1,583,618 (1,113) 2,030,000 (77,843) 20,000 53,516 (192) (16,789) (765,370) (2,728) (87,776) (162,577) (145,988) 1,344,395 86,421 (81,183) 86,025 (79,378) 243,454 31,664 (147,698) (38) 1,188,953 240,354 123,483 323,093 283,694 1,388,165 (57,318) 108,858 (117,879) (463,294) (10) 1,038,883 (113,388) (100) 280,000 4,930 90,382 80,316 (3,237) (2,514) (19,935) Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2012 Budgeted Amounts Original Final Actual Amounts Variance with Final Budget HIGHWAYS AND STREETS (CONT.) Low Volume Roads Program PH 3 Lvr Cat I Roads Lvr Cat II Roads Lvr Cat III Roads Lvr Scoping Lwr Buckeye Salome Hwy 339Th Mag Alcp Projects Mc 85 107Th Ave 91St Ave Mc 85 91St Ave 75Th Ave Mc 85 Cotton Ln Estrella Pkwy Mc85 At 83Rd Ctr Turn Ln Exp Mc85 At Jackrabbit Rd Mc85 Litchfield 83Rd Av Its Mcdot Tmc Relocation Mcdot Tmc Upgrade Mcdowell Rd E Perryville Rd Mcdowell Rd 76th to Usery Pass Meeker at Camino Del Sol 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 I 17 To E 27Th Av New River 10Th To Cir Mtn New River Cir Mtn To Skunk Crk New River Rd S Curvs W Fig Spr New River Road Improvement New Rr Rd Desrt Hls E Cir Mt Northern Ave at El Mirage Rd Northern Ave Sr 303 To Grand Northern Parkway Phase II Northern Reems Ltchfld Ovrps Oakmont At 107Th Ave Ocotillo Rd Brg Ovr Qn Crk Wsh Old Us 80 Bridge At Gila River Olive Ave And Reems Rd Olive Ave el Mir to Wt Tanks Olive Ave Ltchfld To Lp101 Its Olive Avenue And Cotton Lane Palm Lane Drainage Partnership Support Pavement Preservation Peoria And Olive Signal Upgrd Peoria At 99Th Ave PM10 Program Power At Riggs Power Rd Guadalupe Bseline Power Rd Pecos To Santan Fwy Project Reserves Account Prop Mgmt Prior Years Projects Queen Crk Rd Az Ave McQueen Rh Johnson And Trail Ridge 5,000 400,000 100,000 1,030,000 5,000 400,000 100,000 1,030,000 750,000 750,000 60,000 350,000 1,160,000 490,000 60,000 350,000 1,160,000 490,000 350,000 350,000 40,000 40,000 200,00 190,000 100,000 540,000 140,000 190,000 200,00 190,000 100,000 540,000 140,000 190,000 12,795,000 3,050,000 830,000 60,000 12,795,000 3,050,000 830,000 60,000 4,840,000 720,000 500,000 5,000 170,000 445,000 130,000 6,030,000 852,000 633,000 4,840,000 720,000 500,000 5,000 170,000 445,000 130,000 6,030,000 852,000 633,000 8,050,000 50,000 8,050,000 50,000 355,000 355,000 222 1,654 13,006 23,836 249,504 421,735 58,928 555 521 2,220 922,692 13,561 96,019 307,965 975,358 376,732 526 433 501,856 30,928 166,437 289 17,696 898 9,473 60 43,639 12,768 2,093 229 12,807,082 1,390,445 594,179 146,990 23,583 4,826,454 18,963 313,836 24,265 761 17,883 758,670 682,244 2,895 13,768 90 10,805 42,863 4,883 311,448 (1,654) (13,006) (23,836) (244,504) (21,735) 41,072 1,030,000 (555) (521) (2,220) (172,692) (13,561) (36,019) 42,035 184,642 113,268 (526) (433) (151,856) (30,928) (126,437) (289) (17,696) (898) 190,527 189,940 100,000 496,361 127,232 187,907 (229) (12,082) 1,659,555 235,821 (86,990) (23,583) 13,546 701,037 186,164 (19,265) 169,239 427,117 130,000 6,030,000 93,330 (49,244) (2,895) (13,768) (90) (10,805) 8,050,000 7,137 (4,883) 43,552 Maricopa County Schedule of Capital Projects – Budget and Actual All Capital Improvement Projects (Continued) For the Fiscal Year Ended June 30, 2012 Budgeted Amounts Original Final Actual Amounts Variance with Final Budget HIGHWAYS AND STREETS (CONT.) Riggs Ellsworth To Meridian Riggs Rd At Sonoqui Wash Riggs Rd Hawes to Ellsworth Riggs Rd Power to Hawes Riggs Rd Recker to Power Riggs Road at Sossaman Road Right-of-Way Rittenhouse Bridge at QC Qash Row in Fill Road Inventory Sys Safety Projects Salome Bridge at Cap Canal Salt R Crossing Mckellips Rd Signal Modernization Sc 1 Small Cities Assist Prog Southern At Meridian Southern: 96Th St To Cheshire Special Projects Stardust Blvd And 135Th Ave Sun City M & R PH6 Sun City Mill Overlay Ph 2 Sun City Mill Overlay Ph 3 Sun City Mill Overlay Ph 4 Sun City Mill Overlay Ph 5 Sun City Pedestrian Signals Sun City Sig Upgrade Bell Ro Sun City Signl Upgr Rh Johnson Sun City West M & R PH4 Sun City West Mill And Overlay Sun City West Mill Ovrlay Ph 3 Sun City West Mill Ovrlay Ph 4 Sun Valley Pkway Pvmmnt Rep Sun Valley Pkwy Restoration Tip Development Traffic Calming Traffic Improvements Traffic Ops Bldg Remodel Traffic Sgnl At Olive-Sarival Traffic Sgnl Fire Stn 99Th Av Traffic Signal Improvement 13 Traffic Signal Improvement 14 Traffic Signal Improvement 16 Traffic Signal Improvement 17 Traffic Signal Upgrade - 5 Loc Transportation Planning Unallocated Force Account University at SB Crismon Usery Pass Omega To Bush Hwy Vls And Radio Upgrade Warranted Traffic Improvements West Broadway Dust Control West Valley Dynamic Msg Signs Williams El Mir to Agua Fria Williams Fld Gilbert Lindsay Total Highways and Streets $ 700,000 2,760,000 240,000 320,000 700,000 2,760,000 240,000 320,000 130,000 130,000 100,000 510,000 35,000 100,000 510,000 35,000 500,000 590,000 500,000 590,000 2,210,000 2,210,000 7,000,000 100,000 300,000 7,000,000 100,000 300,000 5,505,000 2,000,000 5,505,000 2,000,000 4,350,000 500,000 200,000 20,000 4,350,000 500,000 200,000 20,000 420,000 140,000 420,000 140,000 545,000 230,000 218,167 545,000 230,000 218,167 2,760,000 595,000 1,270,000 2,760,000 595,000 1,270,000 275,000 4,350,000 115,550,123 $ 223 275,000 4,350,000 115,550,123 $ 71,550 2,728,327 103,380 486,793 971 123 25,500 5,317 74,074 3,102 304 378 408,315 184,097 34,044 1,679,041 207 1,730,538 158 145 4 8,293,444 76,879 259,093 630 1,278,636 409 4,946,042 1,115,804 204 2,264,402 393,904 60,458 278,894 31,717 115,625 26,593 1,086 109 29 132,174 286 10,882 2,036,162 255,739 197,828 48,782 88 4,326,670 78,654,844 $ 628,450 31,673 136,620 (166,793) (971) (123) 104,500 (5,317) 25,926 510,000 31,898 (304) (378) 91,685 405,903 (34,044) 530,959 (207) (1,730,538) (158) (145) (4) (1,293,444) 23,121 40,907 (630) (1,278,636) (409) 558,958 884,196 (204) 2,085,598 106,096 139,542 20,000 (278,894) 388,283 24,375 (26,593) (1,086) (109) (29) 412,826 230,000 217,881 (10,882) 723,838 339,261 1,270,000 (197,828) (48,782) 274,912 23,330 36,895,279 224 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. 227 Maricopa County Combining Statement of Net Assets All Internal Service Funds June 30, 2012 Equipment Services Telecommunications Reprographics ASSETS Current assets: Cash in bank and on hand $ Cash and investments held by County Treasurer 900 $ 2,770,506 200 $ 5,406,698 312,613 Receivables: Accounts Accrued interest 937 2,278 659,649 95,570 3,431,992 5,504,746 312,613 2,362,295 (1,636,169) 9,326,603 (7,220,174) 731,992 (556,713) 726,126 2,106,429 175,279 4,158,118 7,611,175 487,892 Accounts payable 745,219 1,294,587 26,726 Employee compensation payable 295,918 372,821 67,163 1,041,137 1,667,408 93,889 1,041,137 1,667,408 93,889 726,126 2,390,855 3,116,981 2,106,429 3,837,338 5,943,767 175,279 218,724 394,003 Inventories Prepaids Total current assets Noncurrent assets: Capital assets: Machinery and equipment Less accumulated depreciation Total noncurrent assets Total assets LIABILITIES Current liabilities: 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) $ 228 $ $ Employee Risk Management $ 100 Benefits Trust $ 49,797,764 33,827 103,611 Sheriff Warehouse $ Total $ 104,811 60,533,028 118,820,609 924,206 924,206 42,598 966,376 1,411,103 50,798,067 63,014,546 116,289 (103,337) 79,640 1,374,248 2,129,467 2,377,479 1,374,248 124,436,212 33,013 (33,013) 12,570,192 (9,549,406) 12,952 3,020,786 50,811,019 63,014,546 1,374,248 127,456,998 1,296,079 88,404 131,882 3,582,897 206,191 3,268,086 4,210,179 5,554,366 5,554,366 484,650 34,666,713 10,935,967 36,168,983 19,846,823 484,650 45,602,680 616,532 59,434,772 94,413,917 94,413,917 94,413,917 94,413,917 130,582,900 12,952 (79,784,833) $ (79,771,881) $ 19,846,823 616,532 43,167,723 43,167,723 757,716 757,716 $ 153,848,689 3,020,786 (29,412,477) $ (26,391,691) 229 Maricopa County Combining Statement of Revenues, Expenses, and Changes in Net Assets All Internal Service Funds For the Fiscal Year Ended June 30, 2012 Equipment Services Telecommunications Reprographics OPERATING REVENUES Charges for services $ Miscellaneous Total operating revenues 17,817,593 70,460 $ 16,140,031 12,460 $ 811,834 17,888,053 16,152,491 811,834 OPERATING EXPENSES Personal services Supplies 3,522,817 4,454,291 452,087 13,175,957 1,528,039 225,414 588,085 1,446,902 Other services Legal Insurance and claims Leases and rentals 18,339 1,971 Repairs and maintenance 428,476 1,456,163 13,907 Travel and transportation 1,438 36,179 22 66,540 116,089 7,985,053 909,545 63,349 17,917,741 17,818,143 754,779 (1,665,652) 57,055 Utilities Depreciation Total operating expenses Operating income (loss) (29,688) NONOPERATING REVENUES (EXPENSES) 14,224 14,224 Investment income Total nonoperating revenues (expenses) Income (loss) before transfers 27,964 27,964 (15,464) (1,637,688) 57,055 (15,464) (20,846) (1,658,534) 57,055 7,602,301 336,948 Transfers in Transfers out Change in net assets 3,132,445 Total net assets (deficit) – beginning Total net assets (deficit) – ending $ 3,116,981 230 $ 5,943,767 $ 394,003 Employee Risk Management $ 15,756,191 242,165 Benefits Trust $ 122,941,566 Sheriff Warehouse $ 2,511,079 Total $ 2,511,079 15,998,356 122,941,566 176,303,379 2,036,938 1,492,968 1,157,631 79,131 2,204,961 18,371,133 2,086,200 5,297,200 35,215 9,453,602 11,959,101 5,343,230 5,343,230 18,420,972 114,179,304 30,765 7,501 132,600,276 58,576 1,018 181,794 2,081,358 5,941 2,287 45,867 8,051,593 1,091,159 2,176 29,084,871 121,240,185 2,240,176 (13,086,515) 1,701,381 270,903 189,055,895 (12,752,516) 387,919 443,209 873,316 387,919 443,209 873,316 (12,698,596) 2,144,590 270,903 (11,879,200) 2,716,418 (6,518) $ 175,978,294 325,085 2,716,418 (27,364) (9,988,696) 2,144,590 270,903 (9,190,146) (69,783,185) 41,023,133 486,813 (17,201,545) (79,771,881) $ 43,167,723 $ 757,716 231 $ (26,391,691) Maricopa County Combining Statement of Cash Flows All Internal Service Funds For the Fiscal Year Ended June 30, 2012 Equipment Services CASH FLOWS FROM OPERATING ACTIVITIES Charges for services Other receipts Payments for goods and services Payments for personal services and benefits Net cash provided by (used for) operating activities $ 17,817,593 Telecommunications $ 70,460 16,140,031 Reprographics $ 811,834 12,460 (14,074,903) (3,486,091) (11,864,012) (4,353,351) 327,059 (237,910) (441,458) (64,872) CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Advances from General Fund Transfers to other funds Loan payments to General Fund Net cash provided by (used for) noncapital financing activities 132,466 (20,846) (20,846) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition of capital assets Net cash used for capital and related financing activities CASH FLOWS FROM INVESTING ACTIVITIES Interest and dividends Net cash provided by investing activities Net increase (decrease) in cash and cash equivalents (601,292) (236,832) (601,292) (236,832) 13,379 25,865 13,379 25,865 (260,854) (296,685) 3,032,260 Cash and cash equivalents, July 1, 2011 $ Cash and cash equivalents, June 30, 2012 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 - noncurrent Changes in assets [(increase)/decrease] and liabilities [increase/(decrease)]: Accounts receivable Inventories Prepaids Accounts payable Employee compensation payable Accrued liabilities Liability for reported and incurred but not reported claims - current $ SCHEDULE OF NONCASH INVESTING, CAPITAL AND NONCAPITAL FINANCING ACTIVITIES: Accumulated depreciation from disposed capital assets Machinery and equipment disposed Capital assets transferred from governmental activities Accumulated depreciation transferred from governmental activities (29,688) 5,406,898 $ 312,613 $ (1,665,652) $ 57,055 909,545 3,745 $ 63,349 (4,171) 200,187 594,466 1,433 36,726 100,940 10,629 327,059 $ 108,626 $ (108,626) (64,872) 397,264 (397,264) 52,502 (52,502) 232 180,147 $ 116,089 $ Net cash provided by (used for) operating activities 2,771,406 132,466 5,703,583 $ 132,466 Employee Benefits Trust Risk Management $ 15,756,191 $ 122,915,557 Sheriff Warehouse $ 2,511,079 Total $ 242,165 175,952,285 325,085 (29,741,441) (2,017,406) (118,349,087) (1,515,456) (15,760,491) (2,384,300) 3,051,014 (176,651,653) (11,813,762) 126,779 (12,188,045) 2,716,418 2,716,418 (6,518) (27,364) (126,779) (126,779) 2,709,900 (126,779) 2,562,275 (838,124) (838,124) 357,893 404,174 801,311 357,893 404,174 801,311 (12,692,698) 3,455,188 62,490,562 57,181,451 (9,662,583) 128,588,003 $ 49,797,864 $ 60,636,639 $ $ (13,086,515) $ 1,701,381 $ 270,903 $ 118,925,420 $ (12,752,516) 2,176 1,091,159 819,280 819,280 (26,009) (26,009) (266,148) 168,555 (558,296) 313,316 (35,867) 19,532 (15,760,491) (389,741) 126,959 1,200,494 (22,488) 145,339 3,171,397 (1,179,104) (3,996,835) $ (266,574) $ 3,051,014 (4,935) $ 126,779 3,166,462 (5,175,939) $ $ (12,188,045) 505,890 (505,890) 20,058 72,560 (20,058) (72,560) 233 234 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, 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. 237 Maricopa County Statement of Changes in Assets and Liabilities Agency Fund For the Fiscal Year Ended June 30, 2012 Balance July 1, 2011, as restated SPECIAL PURPOSE Assets Cash in bank and on hand Cash and investments held by County Treasurer Miscellaneous Total assets Liabilities Accounts payable Accrued liabilities Deposits held for other parties Total liabilities Balance Additions Deductions June 30, 2012 $ 40,434,454 861,930 66,564 $ $ 2,256,752 188,029 30,144 $ 38,177,702 673,901 36,420 $ 41,362,948 $ $ 2,474,925 $ 38,888,023 $ 25,447 350,984 40,986,517 $ $ 25,447 $ 41,362,948 $ $ 238 9,326 9,326 360,310 38,527,713 2,458,804 $ 2,484,251 $ 38,888,023 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. 242 Net Assets by Component Changes in Net Assets Fund Balances, Governmental Funds Changes in Fund Balances, Governmental Funds Revenue Capacity 248 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 253 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 256 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 258 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 241 Maricopa County Net Assets by Component Last Ten Fiscal Years (accrual basis of accounting) Fiscal Year NET ASSETS Governmental activities Invested in capital assets, net of related debt 2002-03 2003-04 2004-05 $ 1,529,060,770 $ 1,811,332,732 $ 2,345,910,917 Total governmental activities net assets 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 $ 75,738,774 $ 72,392,695 $ 1,388,358 Total business-type activities net assets $ 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 $ 1,604,799,544 $ 1,883,725,427 $ 2,347,299,275 278,281,992 447,652,339 $ 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 2005-06 2006-07 $ 2,443,905,934 345,147,265 $ 2,488,280,795 437,856,827 561,333,573 $ 3,350,386,772 686,000,889 $ 3,612,138,511 $ $ 1,860,630 $ 7,691 (3,486,686) (1,618,365) 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 $ 2,490,141,425 437,864,518 682,514,203 $ 3,610,520,146 Fiscal Year NET ASSETS Governmental activities Invested in capital assets, net of related debt Restricted Unrestricted Total governmental activities net assets 2007-08 2008-09 2009-10 $ 2,542,165,396 526,220,283 $ 2,704,196,813 565,223,808 $ 2,851,126,451 601,165,852 772,807,989 $ 3,841,193,668 776,422,693 $ 4,045,843,314 $ 2,542,165,396 526,220,283 772,807,989 $ 3,841,193,668 2010-11 2011-12 $ 3,105,417,974 $ 3,238,389,442 848,551,674 $ 4,300,843,977 627,527,187 757,580,843 $ 4,490,526,004 625,230,345 698,200,079 4,561,819,866 $ 2,704,196,813 $ 2,851,126,451 $ 3,105,417,974 $ 3,238,389,442 565,223,808 776,422,693 $ 4,045,843,314 601,165,852 848,551,674 $ 4,300,843,977 627,527,187 757,580,843 $ 4,490,526,004 625,230,345 698,200,079 4,561,819,866 Business-type activities Invested in capital assets, net of related debt Restricted Unrestricted Total business-type activities net assets Primary government Invested in capital assets, net of related debt Restricted Unrestricted Total primary government net assets 242 Maricopa County Changes in Net Assets Last Ten Fiscal Years (accrual basis of accounting) Fiscal Year 2007-08 2009-10 2010-11 2011-12 $ 235,215,523 888,875,706 83,230,341 331,333,847 37,933,317 8,234,785 6,123,987 $ 248,394,846 893,760,377 123,611,300 387,892,315 43,325,625 9,219,564 7,640,462 $ 229,774,209 940,656,263 79,064,075 441,741,947 52,783,614 12,886,213 5,441,500 1,713,216,440 1,590,947,506 1,713,844,489 1,762,347,821 $ 1,732,692,103 $ 1,739,841,834 $ 1,713,216,440 $ 1,590,947,506 $ 1,713,844,489 $ 1,762,347,821 $ $ $ $ $ 2002-03 2003-04 2004-05 2005-06 2006-07 $ 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 $ 211,473,080 864,907,381 132,992,498 464,255,008 36,196,645 15,687,335 6,254,330 1,130,811,778 1,199,118,770 1,424,284,945 1,532,541,346 1,731,766,277 366,425,283 109,142,148 371,991,804 167,346,474 168,986,980 132,314,013 40,048,082 232,991,015 273,164,762 252,178,102 56,657,239 75,004,905 82,737,548 1,615,848 785,179,199 1,336,866 896,577,454 29,911,332 583,390,427 99,105,695 334,354 591,472 925,826 $ 1,915,990,977 $ 2,095,696,224 $ 2,007,675,372 $ 1,631,647,041 $ $ $ $ 2008-09 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 2,400,374 $ 182,868,340 $ 174,659,283 965,934,762 984,626,109 143,367,655 90,253,798 383,885,390 403,757,839 38,751,304 42,912,993 14,687,029 8,298,531 10,347,354 8,707,887 1,739,841,834 Program Revenues Governmental activities: Charges for services: General government 26,357,344 26,589,393 37,213,997 45,332,986 34,852,251 30,942,935 $ 28,672,080 26,983,394 27,698,094 25,986,495 Public safety Highways and streets 71,880,262 1,563,228 78,288,469 1,769,524 84,213,640 6,550,179 102,807,289 12,380,453 95,402,079 12,756,421 160,282,028 19,009,650 161,019,287 29,894,868 154,380,972 26,534,563 152,507,151 28,130,243 157,678,693 14,143,550 Health, welfare and sanitation 24,243,241 26,745,928 28,100,481 33,726,958 36,933,502 48,326,397 54,265,926 46,903,563 54,135,715 51,271,770 8,461,408 8,546,372 8,954,896 9,378,993 4,213,017 14,216,206 13,111,055 13,230,460 11,928,461 13,205,450 2,714,129 304,923,484 44,322,271 4,146,571 294,296,698 18,917,753 2,383,943 382,416,458 39,017,299 82,561 393,375,512 42,537,895 818,977 443,607,678 47,256,549 687,074 263,428,112 68,386,096 837,422 229,027,912 124,182,030 918,352 255,625,422 95,268,969 215,723 286,447,310 58,859,929 179,928 290,123,847 7,642,252 484,465,367 459,300,708 588,850,893 639,622,647 675,840,474 605,278,498 641,010,580 619,845,695 619,922,626 560,231,985 334,310,122 115,846,532 240,083,167 380,554,715 138,274,739 234,370,191 158,640,394 117,680,705 220,784,342 29,801,116 53,842,048 908,814 969,493 70,518,591 59,656,677 360,864 667,376 106,470 230,389 Culture and recreation Education Operating grants and contributions Capital grants and contributions Total governmental activities program revenues Business-type activities: Charges for services: Medical Center AHCCCS — Acute Health Care program AHCCCS— ALTCS program Non-AHCCCS health care programs (Senior Select) Solid Waste Management Other business-type activities 21,213,776 243 Maricopa County Changes in Net Assets (Continued) 2002-03 Operating grants and contributions Capital grants and contributions Total business-type program revenues Total primary gov’t program revenues Net (Expense)/Revenue 2004-05 2005-06 2006-07 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 $ (739,818,062) (76,799,012) $ (835,434,052) (62,549,894) $ (892,918,699) $(1,055,925,803) (15,101,667) 1,619,857 $(1,134,563,336) $(1,072,205,860) $ (971,101,811) $ (1,093,921,863) (1,202,115,836) $ (816,617,074) $ (897,983,946) $ (908,020,366) $ (1,054,305,946) $(1,134,563,336) $(1,072,205,860) $ (971,101,811) $(1,093,921,863) $(1,202,115,836) $ 295,627,499 $ 328,580,647 $ 357,712,304 $ 388,190,146 $ 413,294,370 $ 449,499,249 $ 482,697,371 $ 519,651,976 $ 518,956,222 $ 504,805,017 6,959,432 767,824,314 $ 1,252,289,681 Governmental activities $ (646,346,411) (17,354,885) Business-type activities Total primary government net expense $ (663,701,296) General Revenues and other Changes in Net Assets Governmental activities: Taxes Property taxes, levied for gen purposes Property taxes, levied for Flood Control District Fiscal Year 2007-08 2003-04 $ 605,278,498 2008-09 $ 641,010,580 2009-10 $ 619,845,695 2010-11 2011-12 $ 619,922,626 $ 560,231,985 44,302,535 50,702,924 56,093,885 61,763,471 65,513,238 69,462,089 73,506,944 72,753,878 66,723,260 61,210,182 Property taxes, levied for Library District 10,369,080 Property taxes, levied for debt service 19,708,786 Property taxes, levied for Street Light District Share of state sales taxes 330,260,143 Sales tax – Jail construction & operation 98,932,138 14,414,827 19,267,865 15,796,618 17,366,792 18,390,885 19,473,450 20,504,964 20,482,122 20,385,799 19,049,420 358,056,954 107,441,209 397,712,843 119,143,064 457,785,985 137,876,660 480,411,950 145,389,597 460,958,772 138,063,948 394,920,581 116,878,703 366,285,237 107,094,680 5,432,863 385,487,679 112,451,803 5,026,752 400,453,544 118,052,954 Surcharge tax – Stadium District Share of state vehicle license tax 5,240,032 110,603,659 5,556,717 116,054,332 6,024,355 122,637,827 6,498,814 138,003,052 6,288,093 143,543,618 6,132,465 139,312,595 5,304,565 126,036,362 4,668,705 116,405,328 4,989,933 113,649,012 5,192,003 113,363,658 1,725,495 16,507,950 13,346,055 1,775,295 8,626,732 21,601,858 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 2,728,933 14,815,018 2,802,089 18,135,778 3,061,600 (16,531,668) 933,153,304 3,915,244 (58,278,148) 977,716,456 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 15,198,561 17,094,924 1,368,920,865 1,272,209,046 1,243,634,790 1,260,819,083 1,265,186,321 2,594,524 796,848 1,002,779 447,790 6,883 684,104 12,914 169,932 16,531,668 19,126,192 58,278,148 59,074,996 (108,765,405) 37,047,610 (70,715,016) 43,435,540 43,903,127 (6,098,668) (5,244,632) $ 952,279,496 $ 1,036,791,452 $ 994,429,234 $ 1,252,848,682 $ 1,341,281,964 $1,368,920,865 $1,272,209,046 $ 1,243,634,790 $ 1,260,819,083 $ 1,265,186,321 $ 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 $ 166,897,220 $ 63,070,485 $ 234,357,529 $ 200,003,186 $ 272,532,979 $ 166,897,220 $ 63,070,485 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 bus. act. Transfers Total business-type activities Total primary government Change in Net Assets Government activities Business-type activities Total primary government (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 2005 and 2006, loss on disposal of capital assets was reclassified on this schedule into general government 244 Maricopa County Fund Balances, Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Year 2002-03 2003-04 2004-05 2005-06 2006-07 General Fund Reserved Unreserved Total general fund $ $ 2,400,780 315,905,112 $ 318,305,892 $ $ 3,834,312 288,822,823 292,657,135 $ $ 3,281,552 427,995,902 431,277,454 $ 24,618,711 $ $ $ 25,557,789 539,621,335 565,179,124 $ 26,503,298 444,964,280 471,467,578 $ 23,602,714 $ 22,460,845 $ 23,388,690 All Other Governmental Funds Reserved 22,498,657 Unreserved, reported in: Special revenue funds 156,611,561 187,646,410 192,187,526 259,363,049 306,244,082 Capital projects funds 120,430,525 81,674,429 383,335,226 108,561,138 74,332,552 $ 393,038,757 129,612,546 36,643,487 382,046,273 115,785,803 18,808,809 416,418,506 447,826,380 18,495,336 795,954,488 Debt service funds Total all other governmental funds $ $ Fiscal Year 2008-09 2007-08 $ $ 2009-10 General Fund Reserved Unreserved Total general fund $ $ 20,929,952 410,035,269 $ 430,965,221 $ $ 21,465,733 512,125,107 533,590,840 20,513,964 489,009,836 $ 509,523,800 $ 24,144,860 $ $ All Other Governmental Funds Reserved 22,105,351 19,468,729 Unreserved, reported in: Special revenue funds 339,553,123 366,227,240 408,964,191 Capital projects funds 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 Debt service funds Total all other governmental funds $ 2010-11 $ Fiscal Year 2011-12 General Fund* Nonspendable $ 20,372,794 $ 19,923,166 Restricted Committed 162,000,000 159,000,000 Assigned 225,405,703 21,623,906 429,402,403 $ 88,432,960 35,578,965 302,935,091 2,774,433 $ Unassigned Total general fund $ All Other Governmental Funds* Nonspendable $ 2,634,776 Restricted 625,559,970 623,361,495 Committed Assigned 446,474,182 504,306,863 (9,454,552) $ 1,065,354,033 (8,028,141) $ 1,122,274,993 Unassigned Total all other governmental funds *Fund Balance Classifications for fiscal year 2011 are changed due to the initial year of GASB Statement No.54 presentation 245 Maricopa County Changes in Fund Balances, Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Year 2002-03 2003-04 2004-05 2005-06 Revenues Taxes $ Licenses and permits 474,876,462 $ 524,751,335 $ 556,751,810 $ 601,231,444 28,192,974 31,629,382 34,765,632 42,266,662 745,697,718 778,964,259 904,156,166 1,025,737,248 Charges for services 66,499,607 71,682,924 74,735,757 86,925,888 Fines and forfeits 16,326,795 17,166,377 21,855,377 23,366,008 Special assessments 3,625,508 59,899,212 3,584,883 48,974,704 3,536,133 56,838,888 3,770,790 69,589,514 1,395,118,276 1,476,753,864 1,652,639,763 1,852,887,554 General government 114,241,982 118,226,772 130,064,711 131,031,069 Public safety 493,435,114 563,716,985 636,868,683 733,244,452 44,226,114 41,549,321 48,811,843 47,763,048 331,752,530 331,028,006 437,845,805 430,614,292 Culture and recreation 19,388,797 19,587,482 22,146,913 24,625,293 Education 17,268,012 18,815,487 18,014,621 18,885,218 Principal 34,071,393 35,159,141 15,677,059 18,780,267 Interest 10,423,785 8,828,297 8,592,525 8,497,208 315,588,133 266,757 248,465,695 11,870 205,929,785 17,508 232,922,515 1,380,395,860 1,385,643,943 1,523,963,815 1,646,380,870 14,722,416 91,109,921 128,675,948 206,506,684 Intergovernmental Miscellaneous & Interest income Total revenues Expenditures Highways and streets Health, welfare and sanitation Debt service Other Capital outlay Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfers in Transfers out Capital lease agreements 386,029,678 295,868,643 346,549,747 314,004,599 (402,561,346) (358,012,976) (395,058,179) (357,440,139) 6,333,484 8,384,655 9,395,689 15,598,262 12,000,000 3,000,000 4,321,656 Proceeds from bond issuance Premium on refunding bonds 457,156 Payment to escrow agent (12,353,671) Loan Proceeds Total other financing sources (uses) Net change in fund balances (12,210,012) $ 2,512,404 (10,605,000) (52,109,102) $ 39,000,819 (28,123,777) $ 100,552,171 (41,644,851) $ 164,861,833 Debt service as a percentage of non capital expenditures 4.2% 3.9% 246 1.8% 1.9% Fiscal Year 2006-07 $ 640,375,614 2007-08 $ 672,237,546 2008-09 $ 2009-10 686,964,346 $ 716,804,640 2010-11 $ 715,851,831 2011-12 $ 704,104,717 40,078,842 40,434,059 41,439,097 38,496,710 41,372,329 57,136,150 1,105,841,984 904,588,701 783,903,253 772,997,433 802,853,910 827,075,550 87,668,832 153,431,323 169,543,750 177,455,822 185,637,288 160,595,034 31,641,869 32,061,172 37,360,387 35,152,334 34,094,367 31,006,029 3,929,786 105,465,489 5,284,808 110,992,618 4,841,432 95,349,598 4,377,292 35,348,263 5,432,863 29,306,635 5,026,752 35,469,710 2,015,002,416 1,919,030,227 1,819,401,863 1,780,632,494 1,814,549,223 1,820,413,942 173,121,467 173,285,719 176,738,216 208,844,970 193,235,111 168,967,810 813,297,449 882,964,097 895,818,537 825,412,465 829,965,019 873,285,386 56,087,569 54,885,932 54,407,137 52,572,927 53,297,470 49,416,837 461,668,854 378,763,080 396,702,161 326,936,948 384,436,682 435,449,254 28,283,735 30,186,081 33,870,918 28,121,160 30,005,985 30,792,212 15,218,331 14,677,474 8,523,122 7,684,473 8,927,278 12,731,152 16,297,518 15,607,476 18,833,968 15,914,149 15,728,150 18,406,034 6,030,238 11,441,406 10,026,110 9,246,731 8,558,856 7,671,184 1,460,467 301,383,004 5,250 278,993,140 3,188 220,481,647 91,580 212,063,026 1,249 320,011,115 279,181,267 1,872,848,632 1,840,809,655 1,815,405,004 1,686,888,429 1,844,166,915 1,875,901,136 142,153,784 78,220,572 3,996,859 93,744,065 (29,617,692) (55,487,194) 791,514,765 389,617,546 446,171,799 383,496,208 677,002,927 499,886,853 (785,416,097) (386,617,546) (446,171,799) (383,459,515) (675,672,626) (502,575,907) 25,720,244 29,953,944 20,121,941 36,693 1,330,301 (2,689,054) 140,940,000 1,596,088 $ (34,414,011) 1,217,018 10,106,857 141,158,007 43,060,801 283,311,791 1.5% $ 121,281,373 1.7% 20,121,941 $ 24,118,800 1.8% $ 93,780,756 1.7% 247 $ (28,287,391) 1.5% $ (58,176,248) 1.6% Maricopa County Tax Revenues by Source, Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Year 2002-03 $ General State Vehicle Highway Baseball Property Taxes Sales Tax License Tax User Fuel Tax Stadium Tax 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 2004-05 431,584,391 397,712,843 130,947,139 90,566,135 84,018 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 2010-11 598,410,095 385,487,679 121,637,533 85,975,735 1,667 2011-12 580,859,760 400,453,544 122,011,906 78,928,602 322 56.7% 21.3% 10.3% (3.9%) Change 2003-12 Rental Fiscal Year 2002-03 Street Car Surcharge $ 5,240,032 (99.7%) Jail Tax $ 98,932,138 Lighting Assessments $ 3,471,253 Total Revenues $ 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 2010-11 4,988,266 112,451,803 5,432,863 1,314,385,641 2011-12 5,191,681 118,052,954 5,026,752 1,310,525,520 Change 2003-12 (0.9%) 19.3% 44.8% 30.9% The Vehicle License Tax for fiscal year 2003 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. 248 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 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 2010-11 48,247,443 1,415,100 49,662,543 1.2409 444,097,352 11.2 2011-12 37,474,985 1,285,311 38,760,296 1.4679 359,683,508 10.8 Unsecured Total Secured and Unsecured assessed property values and estimated market values are determined each calendar year. The tax rates are applicable beginning July 1st 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. 249 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 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 2010-11 1.0508 0.0000 0.1489 0.0412 1.2409 2011-12 1.2407 0.0000 0.1780 0.0492 1.4679 Overlapping Rates Central Arizona State Fiscal Year of Arizona Water Other Community Education Equalization Conservation District Special Districts College District School Districts Cities 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 2010-11 0.0000 0.3564 0.1000 0 - 3.3000 0.9728 0.7098 - 10.7955 0 - 2.4390 2011-12 0.0000 0.4259 0.1000 0 - 4.0500 1.2082 0.7566 - 10.7955 0 - 2.9084 Source: Maricopa County Department of Finance – Property Tax Division. All tax rates are per $100 assessed valuation. (1) Data updated in fiscal year 2007. 250 Maricopa County Principal Property Tax Payers Current Year and Nine Years Ago 2011-12 2002-03 Percentage of Percentage of Total County Taxpayer Arizona Public Service Company Secondary Valuation Rank Total County Assessed Value Secondary Valuation Assessed Value $ 1,085,693,628 1 2.80% 692,140,346 1 3.02% Qwest Corporation 212,962,749 2 0.55% 365,985,185 2 1.60% Intel Corporation 170,636,337 3 0.44% 108,498,798 7 0.47% Southwest Gas Corporation 148,277,858 4 0.38% 121,237,144 6 0.53% Southern California Edison Co 145,171,831 5 0.37% 169,400,620 3 0.74% El Paso Electric Co 126,581,044 6 0.33% 142,067,483 5 0.62% Wal-Mart Stores Inc 90,562,222 7 0.23% 41,375,709 15 0.18% Mesquite Power LLC 85,000,000 8 0.22% Gila River Power, LP 82,204,800 9 0.21% Public Service Company of New Mexico 74,749,614 10 0.19% 80,746,508 8 0.35% Verizon Wireless 72,168,016 11 0.19% New Harquahala Generating Co, LLC 65,000,000 12 0.17% Target Corporation 62,131,186 13 0.16% 41,312,611 16 0.18% Southrn Cal Public Pwr Auth (Palo Verde) 50,471,353 14 0.13% 65,570,107 11 0.29% Scottsdale Fashion Square LLC 45,006,560 15 0.12% 49,837,135 12 0.22% Smith’s Food & Drug Centers Inc 42,116,724 16 0.11% Host Kierland LP 40,531,747 17 0.10% AT&T 40,221,584 18 0.10% 77,432,255 9 0.34% Safeway Inc 34,590,780 19 0.09% 42,791,179 14 0.19% City Of Los Angeles Dept Of Water & Power 30,975,082 20 0.08% Cox Communication $ Rank 65,991,170 10 0.29% 142,149,454 4 0.62% MCI Worldcom 44,653,734 13 0.19% Sheraton Corp 37,484,477 17 0.16% Albertsons 36,233,223 18 0.16% Wells Fargo 35,717,589 19 0.16% Arizona MSA 34,472,010 20 0.15% Motorola Total Principal Taxpayers $ 2,705,053,115 Countywide Secondary Valuation $ 38,760,296,714 6.98% $ 2,395,096,737 $ 22,913,134,480 Source: Maricopa County Treasurer’s Office. 251 10.45% Maricopa County Property Tax Levies and Collections Last Ten Fiscal Years Collected within the Fiscal Year of the Levy Fiscal Total Collections to Date County Tax Year Levied Ended June 30, For the Fiscal Year Collections Amount Percentage of Levy 96.73% In Subsequent Years $ 6,166,613 Amount $ Percentage of Levy 2002-03 $ 352,679,730 $ 341,135,608 347,302,221 98.48% 2003-04 392,827,196 383,224,353 97.56 5,823,192 389,047,545 99.04 2004-05 411,881,140 402,111,242 97.63 4,931,800 407,043,042 98.83 2005-06 451,253,280 438,441,057 97.16 6,915,066 445,356,123 98.69 2006-07 484,223,277 469,107,028 96.88 10,101,124 479,208,152 98.96 2007-08 519,814,623 503,200,873 96.80 13,626,850 516,827,723 99.43 2008-09 558,747,827 535,412,874 95.82 17,881,015 553,293,889 99.02 2009-10 587,695,910 562,196,230 95.66 17,552,375 579,748,605 98.65 2010-11 580,723,610 556,833,931 95.89 570,554,927 98.25 2011-12 559,042,706 541,115,030 95.89 541,115,030 96.79 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, 2002-03 County Operating $ 277,949,612 Flood Control District Debt Service $ 19,565,638 44,868,063 $ 10,296,417 Total County $ 352,679,730 2003-04 308,122,580 51,153,993 14,316,032 392,827,196 2004-05 339,882,099 56,334,141 15,664,900 411,881,140 2005-06 371,224,118 398,725,245 62,733,411 17,295,751 451,253,280 430,023,735 67,096,622 18,401,410 484,223,277 70,422,870 19,368,018 519,814,623 74,674,333 20,581,183 558,747,827 74,996,804 20,468,370 587,695,910 68,019,592 20,479,676 580,723,610 62,401,172 19,070,066 559,042,706 2006-07 2007-08 2008-09 2009-10 463,492,311 492,230,736 2010-11 492,224,342 2011-12 477,571,468 19,234,591 $ County Library Source: Maricopa County Department of Finance – Property Tax Division. 252 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) 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 $ 39,515,000 20,165,000 0 0 0 0 0 0 0 0 Per Capita (b) 0.16% 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11.66 5.76 0.00 0.00 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 $ 91,558,756 93,569,383 101,101,501 81,188,067 181,245,043 173,670,000 163,900,000 153,285,000 142,140,000 130,815,000 Trust Certificates 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 $ 10,812,000 9,212,000 6,812,000 4,612,000 Stadium Certificates District Rev. Bonds $ 57,225,000 55,225,000 52,735,000 50,050,000 47,230,000 44,270,000 41,165,000 37,905,000 34,515,000 30,945,000 Special Assessment $ 368,573 343,102 235,458 154,267 103,077 82,519 193,591 174,442 120,533 80,050 of Participation $ 5,808,084 5,500,000 5,115,000 4,715,000 4,295,000 3,850,000 3,385,000 2,895,000 Installment Capital Leases $19,414,905 10,820,105 13,507,633 16,312,891 33,039,132 50,093,644 51,135,340 14,956,315 432,651 Business -type Activities Fiscal Lease Certificates Installment Total Year Ended June 30, Revenue Bonds of Participation Purchase Agreements (d) Primary Government (c) $ 2,350,524 1,252,049 $ 245,167,454 203,910,257 184,827,345 162,615,360 273,379,974 277,023,162 260,243,931 209,705,757 180,103,184 161,840,050 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 $ 17,986,244 16,670,618 43,499 36,933 29,957 $ 10,940,368 5,865,000 Percentage of Assessed Property Value (a) 1.00% 0.74 0.61 0.49 0.75 0.56 0.45 0.36 0.36 0.42 Per Capita (b) 72.34 58.29 50.80 42.88 69.96 69.47 63.23 52.13 47.18 41.71 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. 253 Purchase Agreements $ 892,254 546,202 205,765 Maricopa County Legal Debt Margin Information Last Ten Fiscal Years Fiscal Year 2002-03 2003-04 $ 3,668,557,092 38,792,654 $ 4,121,698,129 20,165,000 $ 4,510,048,001 $ 4,979,582,760 $ 5,444,204,040 Total net general obligation debt Legal debt margin $ 3,629,764,438 $ 4,101,533,129 $ 4,510,048,001 $ 4,979,582,760 $ 5,444,204,040 Debt limit 2004-05 2005-06 2006-07 Total net debt applicable to the limit as a percentage of debt limit 1.86% 1.68% 1.06% 0% 0% Fiscal Year Debt limit 2007-08 2008-09 $ 7,430,186,074 $8,745,545,293 $ 7,430,186,074 $8,745,545,293 2009-10 2010-11 2011-12 $ 8,697,607,759 $ 7,449,381,543 $ 5,814,044,507 $ 8,697,607,759 $ 7,449,381,543 $ 5,814,044,507 0% 0% Total net general obligation debt Legal debt margin Total net debt applicable to the limit as a percentage of debt limit 0% 0% 0% Legal Debt Margin Calculation for Fiscal Year 2011-12 Assessed Value $ 38,760,296,714 Debt limit (15% of assessed value) 5,814,044,507 Debt applicable to limit: General obligation bonds Total net debt applicable to limit Legal debt margin $ 5,814,044,507 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. 254 Maricopa County Pledged Revenue Coverage Last Ten Fiscal Years Stadium District Revenue Bonds Net Revenue Available Fiscal Year 2002-03 Gross Revenue $ 5,565,801 For Debt Service (1) $ Debt Service Requirements Principal Interest Total $ 2,945,548 $ Gross Coverage Net Coverage 8,658,371 $ 1,000,000 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% 2005-06 7,018,591 10,697,550 2,685,000 2,738,844 5,423,844 129% 197% 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% 2010-11 5,322,380 9,255,676 4,569,241 2,029,943 6,599,184 81% 140% 2011-12 5,527,021 9,245,158 4,770,000 1,852,039 6,622,039 83% 140% Special Assessment Bonds Net Revenue Available Fiscal Year 2002-03 Gross Revenue $ 153,188 For Debt Service (1) $ 249,963 Debt Services Requirements Principal Interest Total $ 66,090 $ 32,574 $ Gross Coverage Net Coverage 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% 2005-06 60,481 157,670 81,191 14,634 95,825 63% 165% 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% 2010-11 28,253 98,077 53,909 11,082 64,991 43% 151% 2011-12 22,013 73,157 40,483 6,450 46,933 47% 156% 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. 255 Maricopa County Demographic and Economic Statistics Last Ten Fiscal Years Fiscal Year 2002-03 2003-04 2004-05 2005-06 2006-07 County 5.3% 4.4% 4.1% 3.6% 2.9% State 5.7% 5.0% 4.7% 4.2% 3.4% United States 6.3% 4.6% 5.0% 4.6% 4.5% $ 101,378,940,000 $ 110,278,789,000 $ 120,716,738,000 $134,339,487,000 $139,665,253,000 3,389,229 3,498,347 3,638,481 3,792,675 Unemployment Rate (June 30,) Population/Income Statistics Income Population Per Capita $ 29,912 $ 31,523 $ 33,178 $ 35,420 3,907,492 $ 36,135 Fiscal Year 2007-08 2008-09 2009-10 2010-11 2011-12 County 4.3% 8.0% 8.6% 8.6% 7.3% State 4.8% 8.7% 9.6% 9.3% 8.2% United States 5.5% 9.5% 9.5% 9.2% 8.2% $ 145,880,680,000 $ 146,898,132,000 $ 142,091,681,000 3,987,942 4,115,811 4,023,132 Unemployment Rate (June 30,) Population/Income Statistics Income Population Per Capita $ 37,666 $ 37,112 $ 35,319 (1) 3,817,117 (1) Source: Workforce Informer Arizona at www.workforce.az.gov for unemployment rate, population, income and per capita statistics. (1) Income and per capita estimates were not yet available for fiscal year 2011 or 2012. 256 (1) 3,3880,244 (1) Maricopa County Principal Employers Current Year and Nine Years Ago 2012 2003 Percentage of Employer Employees Rank Total County Employment Percentage of Employees Rank Total County Employment State of Arizona 49,800 1 2.97% 49,849 1 3.18% Wal-Mart Stores Inc. 30,634 2 1.83% 15,895 2 1.01% Banner Health 24,825 3 1.48% 15,521 4 0.99% City of Phoenix 15,100 4 0.90% 13,156 7 0.84% Wells Fargo 13,308 5 0.79% Bank of America 13,300 6 0.79% Maricopa County 12,792 7 0.76% 15,523 3 0.99% Raytheon Co. 11,500 8 0.69% Arizona State University 11,185 9 0.67% Apollo Group Inc. 11,000 10 0.66% Honeywell International Inc. 15,000 5 0.96% Motorola 10,600 9 0.68% The Kroger Co. 13,500 6 0.86% U.S. Postal Service - Arizona District 11,406 8 0.73% Intel Corp. 10,000 10 0.64% Total for Principal Employers Total Employment in Maricopa County 193,444 11.55% 1,674,300 170,450 10.88% 1,566,900 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. 257 Maricopa County Budgeted Full-time Equivalent County Employees by Function/Program Last Nine Fiscal Years Fiscal Year Function/Program 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 General Government Board of Supervisors 25 24 24 22 24 27 25 25 26 Call Center 34 33 33 33 33 33 33 27 27 27 County Assessor 322 321 321 331 358 365 361 322 323 329 County Manager 11 12 13 21 26 20 13 27 30 31 Elections 54 54 54 54 58 58 58 54 54 54 248 245 301 263 264 271 232 182 184 194 Finance 44 48 42 44 56 56 49 40 41 43 Human Resources 66 51 51 55 53 17 52 47 44 43 Information Technology 66 61 63 109 109 117 142 119 111 133 Internal Audit 16 15 15 15 20 20 20 17 17 17 Management and Budget 22 20 21 32 35 27 33 32 31 29 Materials Management 40 36 35 35 37 37 37 34 34 34 141 132 140 83 177 92 82 82 81 Recorder 71 70 70 80 84 84 85 63 63 63 Employee Health Initiatives 16 25 26 23 24 30 28 24 20 19 Treasurer 64 64 59 59 63 64 47 41 49 52 1,092 1,072 1,153 1,193 1,237 1,249 1,246 1,050 1065 1072 689 684 710 743 772 776 768 679 680 674 30 30 30 30 31 31 32 30 35 35 917 915 990 992 1,037 1,033 1,023 977 887 918 1,846 1,849 1,965 2,053 2,190 2,269 2,259 2,167 2,176 2204 15 14 15 15 15 15 14 14 13 14 Flood Control 226 224 227 208 209 196 189 185 190 192 Juvenile Probation 869 833 1,012 966 951 957 902 758 752 733 Medical Examiner 63 65 66 70 73 91 91 76 77 78 125 125 159 190 214 205 177 102 104 111 Facilities Management Other General Government 27 Public Safety Adult Probation Clerk of Superior Court Constables County Attorney Court System Emergency Management Planning & Development Public Fiduciary 35 34 34 36 36 36 35 33 33 41 2,488 2,494 3,214 3,558 3,835 3,850 3,810 3,695 3,607 3588 265 262 381 348 368 471 456 404 453 463 478 479 479 477 484 515 513 522 510 490 Air Quality N/A N/A N/A 131 165 257 205 180 143 Animal Control 140 141 144 149 158 156 167 168 168 169 Environmental Services 274 282 303 197 205 307 271 265 276 284 Human Services Other Health, Welfare and Sanitation 369 368 461 463 471 461 435 342 397 385 108 40 40 41 50 7 7 9 9 12 Public Health 535 542 557 575 587 556 533 508 577 614 Solid Waste 14 13 12 13 18 23 29 31 31 29 Library District 136 136 147 150 150 161 161 168 172 171 Parks and Recreation 104 104 86 88 90 92 90 85 85 86 4 4 5 5 5 5 5 3 5 5 30 33 32 33 33 40 37 35 47 60 12,107 11,976 13,509 13,999 14,726 15,091 14,835 13,647 13,665 13,747 Sheriff Correctional Health Highways and Streets Transportation Health, Welfare and Sanitation 164 Culture and Recreation Stadium District Education Superintendent of Schools Source: County Management and Budget Department 258 Maricopa County Operating Indicators by Function/Program Last Ten Fiscal Years Fiscal Year Function/Program 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 General Government County Assessor Number of parcels assessed 1,259,703 1,305,716 1,361,695 1,339,473 1,494,585 1,533,026 1,543,998 1,543,998 1,546,229 1,546,690 Elections Registered voters 1,290,457 1,552,421 1,573,606 1,475,218 1,529,223 1,588,186 1,834,377 1,820,851 1,919,175 1,868,255 Number voting (1) 723,867 1,211,963 1,211,963 899,484 899,484 1,380,571 1,380,571 1,380,571 1,004,125 1,004,125 Public Safety Adult Probation Probationers (including absconders) 30,216 32,001 28,631 30,631 31,405 30,617 30,666 31,160 31,093 30,660 Community service hours 853,041 769,314 891,897 813,931(2) 680,989 517,816 586,723 407,628 327,894 299,018 Collections $23,772,376 $25,349,639 $28,417,533 $32,078,615 $31,078,450 $29,590,772 $28,690,912 $26,396,659 $28,899,021 28,442,000 County Attorney N/A (3) N/A (3) N/A (3) N/A (3) N/A (3) Adult felony filings 30,459 34,052 34,480 39,654 38,694 N/A (3) N/A (3) N/A (3) N/A (3) N/A (3) Juvenile filings 8,651 9,537 9,557 13,752 14,401 Flood Control District Linear miles of watercourses delineated 441 1302 N/A (3) 260 282 342 204 60 22 10 Presentation, consultation requests completed 220 495 26 39 30 965 160 121 153 209 Square miles of watershed studies completed 10 782 1,238 1,994 503 631 411 619 324 1,221 Drainage complaint investigations conducted <30 days 269 140 N/A (3) 149 140 141 319 155 73 57 Justice Courts Annual new filings 355,170 348,040 375,944 379,498(2) 412,558 435,744 725,654(6) 827,383 454,932 353,588 Total non-jury trials commenced 22,777 41,238 34,615 17,630 4,079 5,467 3,626 2,511 2,713 2,918 Total jury trials commenced 71 70 49 218(2) 495 754 120 110 108 60 Juvenile Probation Population under 18 yrs old 878,683 896,257 914,182 932,466 951,049 1,110,894 1,133,112 1,155,774 1,007,861 1,026,014 Juveniles brought to detention 10,119 9,916 9,782 10,029 10,491 10,444 10,327 9,707 8,639 8,352 Average detention length (days) 15 17 19 19 17 14 13 13 14 3 Superior Court Annual Case Filings 145,299(5) 155,460(5) 154,996(5) 157,956(5) 162,856 177,892 190,330 192,303 222,137 203,670 Public Health Certified copies of birth or death certificates 217,686 257,249 286,124 311,980 324,777 354,316 374,678 365,671 292,162 Number of immunizations 211,455 232,431 222,100 308,493 235,573 279,778 275,724 229,251 157,894 270,648 Cases of communicable diseases investigated 3,794 3,914 3,121 2,867 3,031 8,795 9,671 11,728 10,853 138,596 Culture and Recreation Library District Number of items circulated N/A (4) 3,768,536 3,716,554 4,271,158 4,531,500 5,911,180 7,179,520 7,481,836 7,507,016 7,792,398 Number of library cards issued N/A (4) 290,492 58,118 57,732 52,652 64,648 62,973 57,757 48,410 46,374 Number of print, media and electronic items N/A (4) 578,879 887,682 986,390 736,061 826,458 828,188 790,723 719,534 639,131 Education Superintendent of Schools School districts in Maricopa County 58 58 57 58 58 58 58 58 58 58 Home Schooled students 8,832 10,255 11,592 8,249 9,517 9,790 9,737 10,017 9,874 9,804 Private School students 19,200 21,724 25,793 27,585 27,606 29,283 19,213 20,215 18,098 16,958 (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. 259 Maricopa County Capital Asset Statistics by Function/Program Last Ten Fiscal Years Fiscal Year Function/Program 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 General Government Facilities Management Number of buildings owned by Facilities(1) Number of buildings maintained by Facilities N/A N/A 353 N/A N/A 177 353 177 26 26 27 34 25 25 177 175 167 160 178 194 Public Safety Flood Control District 118 118 297 310 318 324 333 338 339 347 Justice Courts Operating alert stations 23 23 23 23 23 23 25 25 25 25 Juvenile Courts 2 2 2 2 2 2 2 2 2 2 8,873 9,570 10,062 10,062 9,562 9,562 11,509 11,509 11,509 11,509 4 6 6 6 6 6 6 6 6 6 Miles of Road 5,586 5,569 5,555 5,557 5,205 5,420 5,232 5,284 5,267 5,244 Miles of road with paved surfaces 4,421 4,452 4,503 4,514 4,255 4,491 4,334 4,397 4,448 4,429 27 28 28 27 27 23 22 22 21 20 265 283 299 290 293 286 276 278 278 273 3 3 3 3 3 2 2 2 2 2 Number of public health facilities 2 2 2 2 2 2 2 2 2 2 Number of WIC facilities 2 2 2 2 2 2 2 2 2 2 6 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 3 2 2 2 2 3 3 11 10 10 10 13 13 15 14 14 14 2 2 2 1 1 1 0 0 0 0 Regional county parks 9 9 9 9 9 9 9 9 9 9 County managed golf courses 3 3 3 3 3 3 3 3 3 Facilities operated Bookmobiles Parks and Recreation Total acres managed Conservation areas 119,307 119,239 119,261 118,754 119,185 119,257 119,257 119,257 119,257 3 119,257 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Stadium District Major league baseball field (1) 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. Source: Various County Agencies. Note: Indicators for Education are not available. 260