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Audit - 1976 CITY OF SALINA Salina, Kansas REVENUE SHARING FUNDS REPORT ON EXAMINATION December 31, 1976 KENNEDY AND COE Certified Public Accountants Salina - Kansas Exhibit A Exhibit B Exhibit C CITY OF SALINA Salina, Kansas REVENUE SHARING FUNDS INDEX Page ACCOUNTANTS' REPORT 1 STATEMENT OF CHANGES IN AVAILABLE FUNDS 2 STATEMENT OF OBLIGATIONS INCURRED 3 SUMMARY OF DATA SUBMITTED TO BUREAU OF CENSUS 4 Accountants' Comments 5-7 Index KENNEDY AND CaE MEMBERS CERTIFIED PUBLIC ACCOUNTANTS OF OFF"lCES IN KANSAS SALI NA CONCORDIA GREAT BEND COLBY GOODLAND WICHITA AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS The Mayor and The Board of City Commissioners: We have examined the Revenue Sharing Fund Statement of Changes in Available Funds and the Statement of Obligations Incurred of the City of Salina, Kansas, for the year ended December 31, 1976, and have compared the financial data included on Bureau of Census Form RS-9 with audited records of the City of Salina, Kansas, for the year ended December 31, 1974. Our examination was made in accordance with generally accepted auditing standards and the "Audit Guide and Standards for Revenue Sharing Recipients" issued by the Office of Revenue Sharing, U.S. Department of the Treasury, and accordingly, included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. In our opinion, the Statement of Changes in Available Funds and the Statement of Obligations Incurred present fairly the revenue, expenditures, obligations incurred, and status of revenue sharing funds of the City of Salina, Kansas, for the year ended December 31, 1976, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year. Further, except for the adjustments as shown on Exhibit C,'the financial data shown on the Bureau of Census Form RS-9 for the year ended December 31, 1974, is in agreement with audited records of the City of Salina, Kansas. Respectfully submitted, Salina, Kansas July 14, 1977 ;r~~<?~ -1- CITY OF SALINA Salina, Kansas REVENUE SHARING FUNDS Exhibit A STATEMENT OF CHANGES IN AVAILABLE FUNDS Year Ended December 31, 1976 Totals Per Books Adjustments Adjusted $239,442 $ $239,442 239,442 239,442 Available Funds - January 1, 1976 Unappropriated Unencumbered appropriations Add - Revenue Entitlement payments Interest on investments 437,916 437,916 11,118 11,118 688,476 688,476 129,819 129,819 558,657 558,657 536,641 536,641 22,016 22,016 558,657 558,657 Totals Less - Unappropriated - December 31, 1976 Available for obligation during the year Less Expenditures Encumbrances Total Obligations Incurred Unencumbered Balance,- December 31, 1976 Unappropriated - December 31, 1976 129,819 129,819 Available Funds - December 31, 1976 $129.819 $129.819 -2- CITY OF SALINA Salina, Kansas REVENUE SHARING FUNDS Exhibit B STATEMENT OF OBLIGATIONS INCURRED Year Ended December 31, 1976 Expenditures Per Books Applicable Revenue to Other Sharing Adjust- Questioned Total Funds Funds ments Adjusted Costs Operating/Maintenance Expenditures Pub lic safe ty $120,142 $ $120,142 $ $120,142 $ Public transpor- tation 77 , 082 77,082 77 , 08 2 Health 122,000 122,000 122,000 Recreation 12,000 12,000 12,000 Social services 66,655 66,655 66,655 Financial admin- istration 875 875 875 Total Operating/ Maintenance Expenditures 398,754 398,754 398,1'54 Capital Expenditures Multipurpose and general government 45,543 45,543 45,543 Libraries 19,800 19,800 19,800 Environmental conservation 544 544 544 Public safety 60,561 60,561 60,561 Recreation/Culture 33,455 33,455 33,455 Total Capital Expenditures 159,903 159,903 159,903 Total Obligations Incurred $558.657 $ $558.657 $ $558.657 $ -3- CITY OF SALINA Salina, Kansas REVENUE SHARING FUNDS Exhibit C SUMMARY OF DATA SUBMITTED TO BUREAU OF CENSUS Year Ended December 31, 1974 PART I Property taxes Public utilities tax Licenses, permits and fees PART II From State General support Property tax relief All other Streets and highways Civil defense From Other Local Governments Rural fire protection Streets and highways From Federal Government Directly Revenue sharing funds Housing and urban renewal (1) (2) Reported to Census $2,279,594 273,742 79,520 2.632.856 75,504 95,732 312,796 16,044 88,129 2,602 449,229 74,438 $1.114.474 Audit Adjustments Adjusted $ $2,279,594 273,742 79,520 2.632.856 75,504 (2,603)(1) 93,129 312,796 16,044 88,129 2,602 101,355(2) 550,584 74,438 $ 98.752 $1.213.226 Duplication of amount, also included in receipts from other local governments. Payment received January 6, 1975, recorded on books in 1974. -4- CITY OF SALINA Salina, Kansas REVENUE SHARING FUNDS ACCOUNTANTS' COMMENTS December 31, 1976 -5- CITY OF SALINA Salina, Kansas REVENUE SHARING FUNDS COMMENTS ON COMPLIANCE AND INTERNAL CONTROL We have examined the Revenue Sharing Fund Statements of Changes in Available Funds and Obligations Incurred, and have compared the financial data included on the Bureau of the Census Form RS-9 with the audited records of the City of Salina, Kansas for the year ended December 31, 1976. Our report thereon is qualified as it pertains to Exhibit C for the reasons set forth therein. Our examination was m¡~de in accordance with generally accepted auditing standards and the "Audit Guide and Standards for Revenue Sharing Recipients" (Guide) issued by the Office of Revenue Sharing, U.S. Department of the Treasury, and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circum- stances. As part of our examination, we made a study of those internal accounting and administrative control procedures and compliance matters that we considered rele- vant to the criteria established by the Office of Revenue Sharing as set forth in Section V.D. of its "Guide." The objective of internal accounting control is to provide reasonable, but not abso- lute, assurance as to the safe-guarding of assets against loss from unauthorized use or disposition, and the reliability of financial records for preparing financial statements and maintaining accountability for assets. We understand that the objec- tive of those administrative control procedures comprehended in the Office of Revenue Sharing's criteria is to provide similar assurance as to compliance with its related requirements. The concept of reasonable assurance recognizes that the cost of a system of internal control should not exceed the benefits derived and also recognizes that the evaluation of these factors necessarily requires estimates and judgments by management. There are inherent limitations that should be recognized in considering the potential effectiveness of any system of internal control. In the performance of most control procedures, errors can result from misunderstanding of instructions, mistakes of judgment, carelessness or other personal factors. Control procedures whose effective- ness depends upon segregation of duties can be circumvented by collusion. Similarly, control procedures can be circumvented intentionally by management with respect either to the execution and recording of transactions or with respect to thE~ estimates and judgments required in the preparation of financial statements. Further, projection of any evaluation of internal control to future periods is subject to the risk that the procedures may become inadequate because of changes in conditions, and that the degree of compliance with the procedures may deteriorate. -6- We understand that procedures in conformity with the criteria referred to in the first paragraph of this report are considered by the Office of Revenue Sharing to be adequate for its purposes in determining the adequacy of internal control and compliance with laws and regulations applicable to the revenue sharing program, and that procedures that are not in conformity .therewith indicate some inadequacy for such purposes. Based on this understanding and on our study, we believe that the City of Salina's procedures were adequate for the purposes of the Office of Revenue Sharing. We did not audit $161,455.00 of revenue sharing funds transferred to the following secondary recipients during the year ended December 31, 1976: Salina Public Library Central Kansas Alcoholic Foundation, Inc. Salina-Saline County Board of Health Passport For Adventure $ 19,800.00 14,655.00 122,000.00 5,000.00 $161.455.00 -7-