Audit - 2001
COMPREHENSIVE ANNUAL FINANCIAL REPORT
OF
CITY OF SALINA, KANSAS
300 West Ash Street
P.O. Box 736
Salina, Kansas 67402-0736
For the Fiscal Year Ended
December 31,2001
Prepared by Department of Finance and Administration
of City of Salina, Kansas
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CITY OF SALINA, KANSAS
Comprehensive Annual Financial Report
For the year ended December 31, 2001
TABLE OF CONTENTS
INTRODUCTORY SECTION
Letter of Transmittal
GFOA Certificate of Achievement for Excellence in Financial Reporting
Organizational Chart
List of Principal Officials
FINANCIAL SECTION
Independent Auditor's Report on the General Purpose Financial Statements
General Purpose Financial Statements:
Combined Balance Sheet - All Fund Types, Account Groups
and Discretely Presented Component Units
Combined Statement of Revenues, Expenditures and Changes
in Fund Balances - All Governmental Fund Types,
Expendable Trust Funds and Discretely Presented
Component Units
Combined Statement of Revenues, Expenditures and Changes
in Fund Balances - Actual and Budget - General, Special
Revenue and Debt Service Funds
Combined Statement of Revenues, Expenditures and Changes
In Retained Earnings/Fund Balances - All Proprietary Fund Types,
Similar Trust Funds and Discretely Presented Component Units
Combined Statement of Cash Flows - All Proprietary Fund Types,
Similar Trust Funds and Discretely Presented Component Units
Notes to the Financial Statements
Combining, Individual Fund and Account Group Statements and Schedules
General Fund
Comparative Balance Sheets - General Fund
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances - General Fund
Schedules of Revenues, Expenditures and Changes in
Fund Balances - Actual and Budget - General Fund
Statement
2
3
4
5
Schedule
2
3
Paqe
I-IX
x
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xii
1-2
3-4
5-6
7-8
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10-11
12 - 37
38
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41 - 43
CITY OF SALINA, KANSAS
Comprehensive Annual Financial Report
For the year ended December 31,2001
TABLE OF CONTENTS - CONTINUED
FINANCIAL SECTION - CONTINUED
Special Revenue Funds
Combining Balance Sheet - Special Revenue Funds
Combining Statement of Revenues, Expenditures and Changes
in Fund Balances - Special Revenue Funds
Schedules of Revenues, Expenditures and Changes in Fund
Balances - Actual and Budget - Special Revenue Funds
Debt Service Fund
Comparative Balance Sheets - Bond and Interest Debt Service Fund
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances - Bond and Interest Debt Service Fund
Schedules of Revenues, Expenditures and Changes in Fund
Balances - Actual and Budget - Bond and Interest Debt Service Fund
Capital Projects Fund
Comparative Balance Sheets - Capital Projects Fund
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances - Capital Projects Fund
Enterprise Funds
Combining Balance Sheet - Enterprise Funds
Combining Statement of Revenues, Expenses and
Changes in Retained Earnings - Enterprise Funds
Combining Statement of Cash Flows - Enterprise Funds
Schedules of Revenues, Expenditures and Changes in Retained
Earnings - Actual and Budget - Enterprise Funds
Internal Service Funds
Combining Balance Sheet - Internal Service Funds
Combining Statement of Revenues, Expenses and Changes
in Retained Earnings - Internal Service Funds
Combining Statement of Cash Flows -Internal Service Funds
Schedule of Revenues, Expenditures and Changes in
Retained Earnings- Actual and Budget - Internal Service Funds
Schedule
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5
6
7
8
9
10
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15
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48 - 49
50 - 60
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73 - 76
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82 - 86
CITY OF SALINA, KANSAS
Comprehensive Annual Financial Report
For the year ended December 31, 2001
TABLE OF CONTENTS - CONTINUED
FINANCIAL SECTION - CONTINUED
Trust and Agency Funds
Combining Balance Sheet - Expendable Trust,
Nonexpendable Trust and Agency Funds
Comparative Statements of Revenues, Expenditures and
Changes in Fund Balances - Expendable Trust Fund
Combining Statement of Revenues, Expenses and Changes
In Retained Earnings - Nonexpendable Trust Funds
Combining Statement of Cash Flows - Nonexpendable Trust Funds
Combining Statement of Changes in Assets and
Liabilities - Agency Funds
General Fixed Assets
Comparative Schedules of General Fixed Assets by Source
Schedule of General Fixed Assets - By Function and Activity
Schedule of Changes in General Fixed Assets - By Function
and Activity
GOVERNMENTAL AUDIT SECTION
Schedule of Expenditures of Federal Awards
Schedule of Findings and Questioned Costs
Independent Auditor's Report on Compliance and on Internal Control
Over Financial Reporting Based on an Audit of Financial Statements
Performed in Accordance with "Government Auditing Standards"
Independent Auditor's Report on Compliance with Requirements
Applicable to Each Major Program and on Internal Control Over
Compliance in Accordance with OMB Circular A-133
STATISTICAL SECTION
General Governmental Expenditures by Function - Last Ten Years
General Governmental Revenues by Source - Last Ten Years
General Governmental Tax Revenues by Source - Last Ten Years
Property Tax Levies and Collections - Last Ten Years
Schedule
Paqe
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88 - 89
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93 - 95
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101
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103 - 104
Table
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2 106
3 107
4 108
CITY OF SALINA, KANSAS
Comprehensive Annual Financial Report
For the year ended December 31, 2001
TABLE OF CONTENTS - CONTINUED
STATISTICAL SECTION - CONTINUED
Assessed and Estimated Actual Value of Property - Last Ten Years
Principal Taxpayers
Property Tax Rates - Direct and Overlapping Governments
Special Assessments Billings and Collections
Computation of Legal Debt Margin
Ratio of Net General Obligation Bonded Debt to
Assessed Value and Net General Obligation
Bonded Debt Per Capita
Ratio of Annual Debt Service Expenditures for
General Obligation Bonded Debt to Total General
Governmental Expenditures
Computation of Direct and Overlapping Debt
Revenue Bond Coverage - Water and Sewer Fund
Property Value, Construction, and Bank Deposits
Demographic Analysis
Enterprise Fund Operating Position History
Table
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6
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INTRODUCTORY SECTION
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DEPARTMENT OF FINANCE AND ADMINISTRATION
300 West Ash Street. P. O. Box 736
Salina, Kansas 67402-0736
Rodney Franz, Director
Telephone (785) 309-5735. FAX (785) 309-5738. E-Mail rod.franz@salina.org
August30,2002
To the Citizens of the City of Salina, Kansas:
The Comprehensive Annual Financial Report of the City of Salina, Kansas (the "City") for the year ended
December 31, 2001, is hereby submitted. Responsibility for both the accuracy of the data and the
completeness and fairness of the presentation, including all disclosures, rests with the City. To the best of
our knowledge and belief, the enclosed data is accurate in all material respects and is reported in a
manner designed to present fairly the financial position and results of operations of all various funds and
account groups of the City. All disclosures necessary to enable the reader to gain an understanding of the
City's financial activities have been included.
The Government Finance Officers Association of the United States and Canada (GFOA) awarded a
Certificate of Achievement for Excellence in Financial Reporting to the City of Salina for its comprehensive
annual financial report (CAFR) for the fiscal year ended December 31, 2000. The Certificate of
Achievement is a prestigious national award recognizing conformance with the highest standards for
preparation of state and local government financial reports.
In order to be awarded a Certificate of Achievement, a government unit must publish an easily readable
and efficiently organized comprehensive annual financial report, whose contents conform to program
standards. The CAFR must satisfy both generally accepted accounting principles and applicable legal
requirements.
A Certificate of Achievement is valid for one year only. We believe our current report continues to conform
to Certificate of Achievement program requirements, and we are submitting it to GFOA.
The Comprehensive Annual Financial Report is presented in three sections: introductory, financial and
statistical. The introductory section includes this transmittal letter, the City's organizational Ghart and a list
of principal officials. The financial section includes the general-purpose financial statements as well as the
combined, combining, individual fund and account group financial statements and schedules, and the
independent auditor's report on the financial statements and schedules. The statistical section includes
selected financial and demographic information, generally presented on a multi-year basis.
This report includes all funds and account groups of the City. The City provides a full range of services
including police and fire protection; construction and maintenance of streets, drainage facilities and other
infrastructure; recreational activities and cultural events; emergency medical services and convention
facilities. In addition to general government activities, the City also provides water, wastewater, sanitation
and solid waste services; therefore, these activities are included in the reporting entity.
The reporting entity includes two component units, both proprietary fund types. The Salina Airport
Authority operates the Airport Industrial Center, and the Salina Housing Authority administers public
housing programs within the City of Salina. In addition, the City of Salina participates in two joint ventures
with Saline County, the Salina-Saline County Board of Health and the Salina County-City Building
Authority.
i
Economic Condition and Outlook
In 2001, the City continued to grow and solidify its standing as the regional trade center for north central
and northwest Kansas. Retail expansion continued to be significant in the community. New commercial
building permits were issued with a combined value of $ 53,696,870. This is somewhat less than the
$75,141,289 issued in 2000, but is substantially higher than any of the previous three years.
According to Kansas State University, Saline County has the third highest retail pull factor (1,36) in the
State. The pull factor measures the degree to which a county area captures retail trade from outside the
county. A pull factor of greater than 1 indicates that a county is attracting more retail trade from outside
the county than it is losing to other counties. It is apparent from this that Salina continues to serve as a
regional economic hub in 2001. In addition, Saline County ranks third in the State Economic Strength
index. The index measures economic prosperity, using wealth, personal income, and employment. The
Saline County index is 3.15, compared to a statewide average of 2.43.
The activity in the housing industry continued to be active in 2001 with the industry workinlg hard to meet
the demand for new housing. The strong local economy and lower interest rates contributed to this
demand. Over 84 new single-family homes were started in 2001. This is comparable to previous years
and the pace is expected to continue at or about this level through 2002. As of February 2002, 253
buildable and developing lots were available, in addition to 77 manufactured home spaces. At the current
pace of development, this is approximately a 3 year supply, and is sufficient to provide potential
homeowners with choices location and cost.
Several industrial and commercial establishments in Salina are making major expansions to their facilities.
Phillips Lighting, has relocated a 20,000 square foot research and development facility to the
company's Salina Plant.
Eldorado National, the largest North American manufacturer of small commercial buses of the
type used in airport or car rental shuttles, has completed a consolidation of their operations in a new
facility located at the Airport Industrial Center. The Facility has a total of 240,000 square feet of
modernized manufacturing space.
KASA Industrial Controls is also consolidating its manufacturing operations in the South Industrial
Area by acquiring a 97,000 square foot facility currently owned by Eldorado National. The consolidation
increases manufacturing floor space by about 30,000 square feet, and will allow for further expansion
potential. The company anticipates 40 to 50 new jobs over the course of the next three years as a result
of the consolidation.
A-Plus Galvanizing has completed and is operating the worlds largest hot-dip galvanizing plant.
Ovation Cabinetry, a manufacturer of nationally marketed upscale kitchen cabinets, has expanded
their business into a new 25,000 square foot plant at the Airport Industrial Center, Ovation currently
employs 33 people, and is expecting to create 87 new jobs over the next five years
Lock/line LLC has located a new inbound service center in a rehabilitated retail store. The 31,000
square foot facility is anticipated to employ up to 300 people when fully staffed. lock/line is the leading
provider of wireless equipment insurance.
Lowe's Home Improvement is in the process of constructing a new $4.6 million, 150,000 square
foot "Super Center" in Salina. The store will employ approximately 175 people, and is scheduled to open
in late summer, 2002.
11
Maior Initiatives
The Salina community initiated a major improvement to the educational system in November 1999, when
the voters approved a $98,000,000 bond issue to be used for school expansion and construction. Also
approved in the same election was an additional y.. cent City sales tax to be used for instructional
technology and career educational equipment. Bond issue proceeds have been used to construct a new
middle school (now substantially complete), replacing Roosevelt-Lincoln. In addition, expansions and
improvements are completed or substantially underway at both high schools, at South Middle School, and
at the Elementary Schools. The project made significant progress in 2001.
The technology sales tax is expected to raise about $12,000,000 to be used for K-12 improvements as
well as improvements to the Salina Area Vo-Tech. The tax for this purpose is scheduled to sunset June
30,2004. During 2001, the City transferred approximately $2,075,000 in sales tax proceeds for use in the
technology project.
In 2001 the Historic Fox Theatre Foundation announced that they had successfully raised $2,600,000 in
private donations towards the rehabilitation of the old Fox-Watson Theatre in downtown Salina, and
permits for the rehabilitation have been issued. The building has been vacant since March, 1989 when it
was donated to the City. The City of Salina partnered with the Foundation in this endeavor, contributing
the theatre property and an additional $750,000 towards restoring the property to a functioning performing
arts facility in the downtown district.
A $4.5 million project to construct an interchange at Waterwell Road and 1-135 has been approved by the
State of Kansas. This is a cooperative City-County-State Project, with the City of Salina share projected
at $950,000. Saline County will contribute $365,000, with the State of Kansas picking up the balance of
the project. This interchange provides direct service to the South Ninth Street Industrial Area.
In 2001, the City has progressed towards another major transportation objective with the announcement of
a grant to construct a railroad overpass on North Ohio Street, a major arterial and entryway to the city.
The State of Kansas will contribute $12,000,000 towards the $18,000,000 project, with the City of Salina
and the railroad paying the remaining portion. The project will eliminate four tracks and bridge six
additional tracks, providing significant traffic safety enhancements as well as improving aCCE!SS to the City
from Interstate 70. Progress on the project is on schedule, with construction anticipated in 2005.
Major improvements to the Water treatment plant were initiated in 1998 to increase treatment capability
and efficiency, and to address a groundwater contamination issue in Central Salina. This groundwater
redemption project brought the City into full completion of a state compliance agreement, eliminating any
economic impacts related to groundwater issues, Cost for the plant improvements was $5,500,000.
Approximately $1,800,000 in grant funds from the State of Kansas to assisted in construction. The
balance of the cost is financed by a 20-year low interest loan from the State of Kansas. A second phase
of the project has been initiated, at an additional estimated cost of $4,000,000. This phase of the project
will replace and expand the clarifiers, provide a new lab facility, as well as an administration building.
Completion is anticipated in June, 2002.
Solid Waste disposal remains a challenge for Salina. The community remains committed to recycling and
resource conservation, with several initiatives that began in 1997, including a trial yard waste recycling
and composting program in addition to continuing the mulching mower rebate program, In 1999, the yard
waste recycling program became permanent, with the purchase of 2,000 yard carts dedicated to yard
waste collection. In 2000, the solid waste stream was reduced further as a result of private initiatives to
recycle waste glass generated by a major manufacturer in the City. However, as a result of operational
changes, including alternative means of providing daily cover, and additional vertical fill capacity,
anticipated life of the landfill has been extended from 78 years to 96 years, and fees for Solid Waste
disposal have remained stable for several years.
In late 1999 the City initiated a major transportation and drainage improvement project 011 South Ohio
Street. The $4 million project expands Ohio Street from 2 lanes to 4 lanes from Belmont Boulevard to
South of Magnolia Street, provides for the reconstruction of Magnolia and installs underground facilities to
111
improve storm drainage to residential areas in the vicinity of the project. The project was completed in
early 2001.
2001 also saw the initiation of Phase III of the improvements to South Ninth street, another major arterial
providing access to the South 9th commercial and industrial districts. The project provides expanded
paving, turning lanes, traffic signals, and other related enhancements at an estimated cost of $2.6 million.
Completion is anticipated in late 2002. The project will be financed with a 10 year bond issue in 2003.
Capital Improvement Program
The City's Capital Improvement Plan for 2002 - 2006 itemizes projects totaling slightly more than
$68,000,000, After an extensive evaluation of the impact on future financial resources, the plan is updated
each year, just prior to the operating budget process.
2002 2003 2004 2005 2006
General Fund $ 2,095,000 $ 1,415,000 $ 1,600,000 $ 1,400,000 $ 1,475,000
Flood and Drainage Fund $ 300,000 $ 400,000 $ 300,000 $ 300,000 $ 300,000
Special Park Fund $ 200,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000
Gas Tax Fund $ 1,400,000 $ 1,580,000 $ 1,300,000 $ 1,300,000 $ 1,300,000
Solid Waste Fund $ 463,000 $ 500,000 $ $ $
Water & Wastewater Fund $ 1,833,000 $ 1,555,000 $ 1,450,000 $ 1,450,000 $ 1,450,000
General Obligation Bonds $ 8,060,000 $ 5,140,000 $ $ 4,000,000 $ 1,000,000
Revenue Bonds $ $ $ $ $
Other Sources $ 588,250 $ 5,591,600 $ 544,000 $ 14,844,000 $ 2,544,000
Total $ 14,939,250 $16,281,600 $ 5,294,000 $ 23,394,000 $ 8,169,000
Five Year Total $ 68,077,850
Financial Overview
The events of September 11th have had a significant impact on the national economy, Salina has also
experienced some impacts of those events, however they have been limited, due to diversity and
underlying strength in the local economy. Although moderately higher than last year at 3.5%, the
unemployment rate remains well below the State and national averages, and property tax delinquency
remains low and stable at approximately 3%. Local retail sales taxes continue to grow at a modest rate.
Money markets were adversely affected by September 11, and as a result, interest income has and will
continue to be more limited than has been the case in previous years. 2001 revenue from this source
remained relatively stable due to maturity schedules of the portfolio, however, the City anticipates more
significant reductions in interest income in 2002.
Despite some adverse economic circumstances, conservative management plus a strong local economy
have set the stage for what has been and is projected to be continued financial stability for the City. The
City has been able to continue to replenish its fund balances and utilize pay-as-you-go finanGing for capital
improvements when appropriate,
City staff is responsible for establishing and maintaining an internal control structure designed to ensure
that the assets of the City are protected from loss, theft or misuse and that adequate accounting data are
compiled to allow for the preparation of financial statements in conformity with generally accepted
accounting principles. The internal control structure is designed to provide reasonable, but not absolute,
assurance that these objectives are met. The concept of reasonable assurance recognizes that: (1) the
cost of a control should not exceed the benefits likely to be derived; and (2) the valuation of costs and
benefits require estimates and judgment by management.
IV
Budgetary Controls.
In addition, the City maintains budgetary controls. The objective of these budgetary controls is to ensure
compliance with legal provisions embodied in the annual appropriated budget approved by the City
Commission. The legal level of budgetary control is maintained at the Fund level, in accordance with
State Statutes. However, management control is maintained at the department level. ThH City uses an
encumbrance accounting system, in which estimated purchase amounts are recorded prior to the release
of purchase orders to vendors. Open encumbrances are reported as reservations of fund balance at
December 31, 2001 in the general fund and the special revenue funds. Various internal compliance
procedures are implemented to insure proper implementation of the budget as well as to maintain a
degree of accountability for both revenues and expenditures,
Budgetary basis fund balances related to tax supported funds went from $7,668,116 at the end of 2000 to
$7,644,399 at the end of 2001. This balance represents 31.6% of the expenses for those funds, and
complies with the City's financial goal of maintaining those balances at more than 20% of expense
The City also established the rates needed to fund enterprise fund activities, Water and Sewer rates were
increased by an average of 3.4% on January 1,2001. Tipping fees for the landfill were reduced from $28
per ton to $27 per ton in 2000, and maintained at that rate through 2001. It is anticipated tlhat these fees
will be sufficient to provide stable, continuing funding for the Solid Waste disposal operation. To date, the
City has shown the willingness to set fees at levels which will cover operating, capital, debt service and
post-closure costs required to meet subtitle D regulations and generally accepted accounting principles
recommendations. Other enterprise fund fees are adjusted annually to meet anticipated yearly needs.
Budgetary Basis Fund Balances. Taxing Funds
Shown below are the December 31 actual budgetary basis fund balances in the city's tax supported funds
for 1999, 2000, and 2001[RF1].
Fund 1999 2000 2001
General $5,957,902 $5,241,625 $5,816,308
Employee Benefits 1,211,092 1,247,984 758,314
Flood and Drainage 283,668 235,526 124,567
Bond and Interest 779,992 942.981 945.210
Total Fund Balance $8,232,654 $7,668,116 $7,644,399
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Tax Funds Operating expenditures $20,881,511 $ 23,099,979 $ 24,184,234
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Fund balance as percent of
operating expenditures 39.4% 33.2% 31.6%
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Budgetary fund balances represent the short term ability of the City to address cash flow fluctuation and to
absorb and respond to adverse changes in the economy or to unanticipated demands on the government
to provide additional services as a result of an emergency. Balances remain adequate to address these
potential needs.
v
Revenues. General. Special Revenue. and Debt Service Funds:
The following table presents a summary of General Fund, Special Revenue Funds and Debt Service Fund
GAAP basis revenues for the years ended December 31,2000 and 2001. Revenues to Capital Projects
and Fiduciary type funds are excluded.
2000 - 2001 2000 % of 2001 % of
Revenue Change 2000 Total 2001 Total
Property Taxes ($497,768) $7,576,973 22% $7,079,205 200,{¡
Sales Taxes ($22,055) 12,032,797 35% 12,010,742 35°.1:)
Other Taxes 342,688 2,849,995 8% 3,192,683 9%
Taxes ($177 135) 22,459,765 65% 22,282,630 64%
Intergovernmental ($198,222) 4,114,704 12% 3,916,482 11%
Fees and Charges 2,512 2,104,897 6% 2,107,409 6%
Special Assessments 91,641 1,228,683 4% 1,320,324 4%
Other Revenues 378,959 4,622,510 13% 5,001,469 14%
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Total Revenues 143,533 34,484,781 100% 34,628,314 100%
Total GAAP basis revenues increased by $143,533 or about .4%.
The reduction in taxes is a result of a change in the method of accounting for taxes receivable. In 2000,
these were reflected as revenue. In 2001 undistributed taxes receivable are reflected on the balance
sheet as deferred revenue. The impact of this reporting change is $847,076. The chan~ e in reporting
methodology thus masks a positive change of $327,253. In property and sales taxes.
Other taxes show an increase. This is due entirely to performance of the gas franchise tax in early 2001,
Intergovernmental revenues decreased by $198,222. The bulk of this reduction is accounted for by
reductions in Local Ad Valorem Tax Reduction Fund and Gas Tax distribution decreases
A review of the revenue history reveals that total taxes are a slightly larger proportion of the revenue
stream in 2001 (65%) compared to 1992 (64%). However, within the classification of taxes, there has
been a pronounced shift from reliance on the property tax to sales and other taxes. (See statistical tables
2 and 3.) This is consistent with the long-term policy goal of the community to reduce reliance on property
taxes where possible.
Expenditures. General. Special Revenue. and Debt Service Funds:
The following table presents a summary of General Fund, Special Revenue Funds and Debt Service Fund
GAAP basis expenditures for the years ended December 31, 2000 and 2001. The table excludes
revenues to Capital Projects and Fiduciary Funds.
2000 - 2001 2000 % of 2001 % of
Expenditure Change 2000 Total 2001 Total
General Government ($243,842) $2,470,681 7% $2,226,839 6%
Public Safety 184,217 11,142,154 32% 11,326,371 33%
Public Works 1,059,692 3,805,681 11% 4,865,373 14%
Culture and Recreation (354,907) 4,695,258 13% 4,340,351 13%
Community Development 27 4,152,715 12% 4,152,742 12%
Public Health and Sanitation 142,307 742,891 2% 885,198 3%
Subtotal, Operating Items 787 494 27 009 380 27796874
Debt Service 370,910 2,953,569 8% 3,324,479 10%
Capital Outlay (1,396,641) 4,870,144 14% 3,473,503 10%
Total Expenditures (238237) 34,833,093 100% 34,594,856 100%
VI
Total expenditures decreased by $238,237 or .6%. The largest portion of this is the decrease in Capital
Outlay. This offsets the increase in the Capital Outlay from 1999 to 2000. Operating items increased by
2.9%. The decrease in Culture and Recreation expenses is solely attributable to Bicentennial Center
operations, largely in the event fund. The decrease in General Government is in the "Other General
Government" class of expenses, and includes items such as earned leave, contingencies and similar
items. The other major change is in the public works and capital outlay items, and is attributable to
changes in classification.
Proprietary Operations
The City has four enterprise operations: Water and Sewer, Golf Course, Solid Waste and Sanitation. The
table below summarizes some key operational statistics for the enterprise funds:
2000 - 2001 Change 2000 2001
Charges for Services:
Water and Sewer $128,565 $11,472,477 $11,601,042
Sanitation 21,474 1,594,399 1,615,873
Solid Waste -14,636 2,088,413 2,01'3,777
Golf Course 58,774 745,392 804,166
Water Account billings 3,032 227,980 2~¡1,012
Water Metered (billion gallons) -0.055 2.198 2,143
Solid Waste Tonnage at landfill 3,641 72,775 1'6,416
Golf Rounds: 18 Hole 469 39,247 ~¡9,716
Golf Rounds: Par 3 6,601 0 6,601
Sanitation Customers -24 13,416 '13,392
Water and sewer rates were adjusted by an average of 3.4% on January 1,2001, pursuant to a rate study
completed by the consulting engineering firm.
Water and sewer operating revenues increased by $ 176,756 in 2001. Operating income for the utility
was $940,939. On a budgetary basis, revenues exceeded expenditures by $391,675.
The City continued the process of updating the solid waste facility to meet subtitle 0 Federal regulations,
Rates were decreased to $27/ton in 2000, and maintained at this level through 2001. This fund appears
now to be stable, and any future rate changes should be on a scale consistent with inflationary trends.
Operating revenues increased by $ 6,287, consistent with the change in rate and volume. This fund
maintains a healthy current balance, and adequate resources to service the debt on new cells as they are
constructed, On a budgetary basis, expenditures exceeded revenues by $184,799.
Sanitation charges increased by $21,474. Operating revenues increased in a like amount. Sanitation
rates were not changed in 2001. Net operating income was $33,745, down from $96,142 in 2000. On a
budgetary basis, revenues exceeded expenditures by $37,357.
The Golf course experienced some serious challenges in 2000 and 2001. Levels of play in 2000 were
seriously impacted by weather conditions, and as a result the fund experienced a significant financial loss
for that year. City Management implemented a recovery strategy throughout 2001, and this, coupled with
the return of advantageous weather, and reimbursements for play on the newly constructed PAR-3 course
have resulted in the fund recovering to a healthier status. Operating income for 2001 was $255,851
compared to an operating loss of $56,606 in 2000. Reimbursements (largely related to development and
use of the Par 3 course) accounted for $181,000 of this change, with the balance due to expense
reductions and fee revenue increases. On a budgetary basis, the Golf course revenues exceeded
expenditures by $66,009.
The City provides a partial self funded health insurance program for employees. Individual stop loss
Vll
coverage is purchased with an attachment point of $50,000. The aggregate stop loss coverage is set at a
about $1,950,000. Dental coverage is provided. The dental portion of the plan is fully self-insured and not
subject to stop loss protection, however, total benefits are limited to $1,500 per year per person. Since
February, 1999, the prescription portion of the program is also fully self insured, The fund is fully funded
by rates, and performance has been sufficient to cover claims paid and incurred but not reported claims.
Net income for the fund in 2001 was $381,679, with retained earnings of $920,618.
The City utilizes four other internal service funds: Risk Management, Worker's Compensation Reserve,
Central Garage and Data Processing. The City provides workers compensation through a partially self-
insured program. The Worker's Compensation Reserve is used to buy excess insurance coverage,
compensate a third party claims administrator and pay claims as they arise. The City's goal is to establish
a $750,000 reserve in this fund to provide adequate reserves should we experience heavy claims. At the
end of 2001, retained earnings were $841,499, meeting this goal. The other internal service funds are
used to purchase insurance, repair City vehicles or operate a City-wide computer system. These costs
are apportioned to the various City departments and to Saline County based upon usage.
Debt Administration
The City issued no new Revenue Bonds during 2001. The total amount of revenue bonds outstanding at
December 31, 2001 was $12,985,000. With the City's policy of issuing revenue bonds for no more than
20 years, the final maturity for these bonds is October 1, 2013.
The City's general policy for General Obligation bonds is to issue them for no more than 1 () years for the
City at large portion, with some exceptions permitted for extraordinary projects.. On special assessment
bonds, the maturity may be up to 15 years. The City issued $5,350,000 of internal improvement bonds
during 2001, Total General Obligation/Internal Improvement bonds outstanding at December 31, 2001
was $24,154,132 with final maturity scheduled for October 1,2016. Of this amount, $14,104,008 are to be
retired with pledged utility revenues, special assessments, and current resources in the Bond and Interest
fund. Thus, $10,050,124 remain to be retired with future property tax revenues. Based upon this, per
capita general obligation debt is $219.78. The City is well below its maximum debt limit with $79,146,335
in authority remaining.
Internal Improvement temporary notes in the amount of $1,835,000 were issued in 2001for the purposes
of streets, drainage and utilities in new subdivision developments (to be retired with Special assessments),
Cash Management
The State of Kansas prescribes general investment authority for political subdivisions of the State. The
City of Salina has established an investment policy that complies with statutory authority, allowing
maturities for up to two years and investments in the State of Kansas Municipal Investment Pool. The City
stresses a conservative investment policy which provides full collateralization of investments. At
December 31,2001, investments under the City's direct control were as follows:
Investment Amount Percentage
Municipal Investment Pool $ 8,253,382 57.7
U.S. Government 6,034,075 42.3
Total $ 14.287.457 100.00%
In addition, the carrying amount of deposits was $14,715,962 plus $14,363 cash on hand. Of this amount,
$11,206,794.44 was held in Certificates of Deposit, with the remainder in demand deposit accounts.
Vlll
Independent Audit
Kansas Statutes Annotated 75-1122 requires an annual audit of the books of account, financial records
and transactions of all administrative departments of the City by independent certified public accountants
selected by the City Commission. This requirement has been complied with and the auditor's opinion has
been included in this report.
Acknowledgments
The preparation of the Comprehensive Annual Financial Report was made possible by the dedicated,
professional advice and effort of the Lowenthal, Singleton, Webb, and Wilson auditing team. A special
thank you needs to be given to Valerie Gebhardt, City Accountant, who is responsible for much of the
data assembly and reconciliation, and to Penny Day, Account Clerk III, who has been largely responsible
for document assembly and production. Finally, preparation of this report would not have been possible
without the support of the City Commission,
Sincerely,
~A~
Dennis M. Kissinger
City Manager
~~
Rodney ~z 2
Director rF~~ance & äministration
IX
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Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Salina,
Kansas
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
December 31, 2000
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement
systems whose comprehensive annual financial
reports (CAFRs) achieve the highest
standards in government accounting
and financial reporting,
c1 ~de~
J~:~~c~
x
City of Salina
~
Development Services
Coordination
Risk Management
Health Insurance
Fire Suppression
EMS
CodesfInspection
Public Education
CITY COMMISSION
Kristin Seaton, Mayor
Deborah Divine
Don Heath
Alan JUka
Monte Shadwick
Municipal Court Judge
Robert Thompson
City Attorney
Greg Bengtson *
Municipal Court
Administration
City Prosecutor
Jennifer Wyatt
Human Resources
Administration
ComputerTechnology
Joe Paugh
Human Relations
Kaye Crawford
Engineering
Design/Inspection
Traffic
General Services
Streets
Flood Works
Traffic Control
Central Garage
Sanitation
Operations
Food & Beverage
BusinesslTicket Office
Water & Wastewater
Water Treatment & Dist.
Wastewater Collect.fTreat.
Solid Waste (Landfill)
Patrol
Investigations
9IIICommunications
Internal Affairs
City Clerk
Accounting
Utility Accounting
Treasurer
Museum
Arts Education
Arts Services
River Festival
Horizons Grants Program
Community Art & Design
. Contrad Position
xi
Swimming Pools
Golf Course
Neighborhood Ctrs.
Parks
Recreation
Forestry
Cemetery
Building Maintenance
(Rev. 7/5/02)
City of Salina, Kansas
List of Principal Officials
City Commission
Kristin M. Seaton, Mayor
Alan Jilka, Vice-Mayor
Monte Shadwick, Commissioner
Deborah Devine, Commissioner
Don Heath, Commissioner
City Staff
Dennis M. Kissinger, City Manager
Michael Morgan, Deputy City Manager
Jason Gage, Assistant City Manager
Rodney Franz, Director of Finance and Administration
Don Hoff, Director of Utilities
Jim Hill, Chief of Police
Darrell Eastin, Fire Chief
Shawn O'Leary, Director of Engineering and General Services
Keith Rawlings, Bicentennial Center Manager
Steve Snyder, Parks and Recreation Director
Dean Andrew, Planning & Community Development Director
Barbara Koostra, Director of Arts and Humanities
Kaye Crawford, Human Relations Director
Greg Bengtson, City Attorney
xii
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FINANCIAL SECTION
This page intentionally left blank.
LOWEN1HAL SINGLETON WEBB & WILSON
PROFESSIONAL ASSOCIATION
Davie' A. Lowenthal. CPA
Thomas E. Singleton. CPA
Patricia L. Webb, CPA
Thomas G. Wilson, CPA
CERTIFIED PUBLIC ACCOUNTANTS
900 Massachusetts. Suite 30 I
Lawrence, Kansas 66044-2868
Phone: (785) 749-5050
Fax: (785) 749-5061
E-mail: Iswwcpa@lswwcpa.com
Kenneth R. Hite. CPA
Mary A. LeGreslcy, CPA
Audrey M. Odennann, CPA
Members of American Institute
and Kansas Society of
Certified Public Accountants
INDEPENDENT AUDITOR'S REPORT ON THE GENERAL PURPOSE FINANCIAL STATEMENTS
Mayor and City Commission
City of Salina, Kansas
We have audited the accompanying general purpose financial statements of City of Salina, Kansas, (the City) as of
and for the year ended December 31, 2001 as listed in the table of contents. These general purpose financial
statements are the responsibility of the City of Salina's management. Our responsibility is to express an opinion on
these financial statements based on our audit. We did not audit the financial statements of the Salina Airport
Authority and the Housing Authority of the City of Salina, which are discretely presented component units in the
accompanying financial statements. Those financial statements were audited by other auditors whose reports
thereon have been furnished to us, and our opinion, insofar as it relates to the amounts included for the Salina
Airport Authority and the Housing Authority of the City of Salina, is based solely on the reports of the other auditors.
We conducted our audit in accordance with auditing standards generally accepted in the United States of America
and the standards applicable to financial audits contained in "Government Auditing Standards", issued by the
Comptroller General of the United States and the "Kansas Municipal Audit Guide". 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 basic financial statements. An audit also includes assessing the accountin~1 principles used and
significant estimates made by management, as well as evaluating the overall financial statemE!nt presentation. We
believe that our audit provides a reasonable basis for our opinion.
In our opinion, the general purpose financial statements referred to above present fairly, in all material respects, the
financial position of City of Salina, Kansas, as of December 31, 2001, and the result of its operations for the year
then ended, in conformity with accounting principles generally accepted in the United States of America,
In accordance with "Government Auditing Standards", we have also issued our report dated April 26, 2002, on our
consideration of City of Salina, Kansas's internal control over financial reporting and our tests of its compliance with
certain provisions of laws, regulations, contracts and grants. That report is an integral part of an audit performed in
accordance with "Government Auditing Standards" and should be read in conjunction with this report in considering
the results of our audit.
Our audit was performed for the purpose of forming an opinion on the general purpose financial statements of the
City of Salina, Kansas, taken as a whole. The combining, individual fund, and account group financial statements
and schedules and additional information as listed in the table of contents are presented for purposes of additional
analysis and are not a required part of the general purpose financial statements of the City of Salina, Kansas.
These additional financial statements, schedules and information have been subjected to the auditing procedures
applied in the audit of general purpose financial statements and in our opinion, is fairly stated, in all material
respects, in relation to the general purpose financial statements taken as a whole.
Mayor and City Commission
City of Salina, Kansas
Page 2
We did not audit the data included in the introductory and statistical sections of this report and therefore, we express
no opinion thereon.
d~/ -k~¡ ~ ~~
Professional Association
April 26, 2002
2
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Statement 1
1 of 2
ASSETS AND OTHER DEBITS
ASSETS
Cash and investments
Investments - component unit
Cash with fiscal agent
Receivables (net of allowance
for doubtful accounts)
Accounts
Taxes
Notes
Interest
Due from other funds
Inventory and prepaid supplies
Restricted assets
Cash and investments
Fixed assets (net of accumulated
depreciation where applicable)
Financing leases
Deferred charges
OTHER DEBITS
Amount available in debt service funds
Amount to be provided for retirement
of general long-term debt
Total assets and other debits
CITY OF SALINA, KANSAS
COMBINED BALANCE SHEET -
ALL FUND TYPES, ACCOUNT GROUPS AND
DISCRETELY PRESENTED COMPONENT UNITS
December 31,2001
Governmental Fund Types
General
Special
Revenue
Debt
Service
$ 6,145,560 $3,118,915 $ 945,210 $
15,145
769,441 35,935
2,300,104 3,853,497 1,702,854
21,478
87,616 28,042 11,434
793,597 1,625
70,390
$10,166,708 $7,059,492 $2,674,643 $ 3,004 $73,868,030 $3,377,320
Proprietary
Fund Types
Capital
Projects
Enterprise
Internal
Service
- $11,292,180 $2,988,183
959,026
3,004 174,729 36,147
467,494 40,339
3,151,913
57,414,526 312,651
408,162
-
--
Fiduciary Total Component Total
Fund Types Account Groups Primary Units Reporting
General General Government Salina Salina Entity
Trust and Fixed Long- (Memoran- Housing Airport (Memoran-
AQency Assets Term Debt dum Only) Authority Authority dum Only}
$1,375,821 $ - $ - $ 25,865,869 $ 469,529 $ 1,877,628 $ 28,213,026
414,022 414,022
15,145 15,145
1,764,402 6,590 97,949 1,868,941
7,856,455 750,398 8,606,853
21,478 46,519 67,997
6,002 346,974 157 347,131
795,222 795,222
578,223 28,854 4,804 611,881
3,151,913 85,000 3,236,913
32,898,838 90,626,015 5,979,786 22,559,358 119,165,159
1,126,305 1,126,305
408,162 110,782 518,944
956,644 956,644 956,644
20,126,485 20,126,485 20,126,485
$1,381,823 $32,898,838 $21,083,129 $152,512,987 $6,945,457 $26,612,224 $186,070,668
The notes to the financial statements are an integral part of this financial statement.
3
Statement 1
1 of 2
Statement 1
2 of 2
LIABILITIES, EQUITY AND OTHER CREDITS
LIABILITIES
Accounts payable
Retainage payable
Deposits payable
Health claims payable
Payable from restricted assets
Accrued interest payable
Revenue bonds payable - current
Deferred interest-financing leases
General obligation bonds - current
Loans payable - current
Loans payable
Revenue bonds payable
Temporary notes payable
Accrued compensated absences
Leases payable - current
Matured bonds and interest payable
Due to other funds
Accrued landfill postciosure care costs
General obligation bonds payable
Deferred revenue
Total liabilities
EQUITY AND OTHER CREDITS
Investment in general fixed assets
Contributed capital
Retained earnings
Reserved for bond retirement
Reserved for postclosure care
Unreserved
Fund balances
Reserved for encumbrances
Reserved for notes receivable
Unreserved
Designated for debt service
Undesignated
Total equity and other credits
Total liabilities, equity and other credits
CITY OF SALINA, KANSAS
COMBINED BALANCE SHEET -
ALL FUND TYPES, ACCOUNT GROUPS AND
DISCRETELY PRESENTED COMPONENT UNITS
December31,2001
Governmental Fund Types
General
Special
Revenue
Capital
Projects
Debt
Service
Proprietary
Fund Types
Enterprise
Internal
Service
$ 390,633 $ 63,103 $ - $ 276 $ 250,350 $ 70,119
4,846 5,943 43,355 182,506
94,360
443,506
327,255
885,000
805,835
124,415
5,394,514
12,100,000
935,000
524,761 43,802
33,354 98,743
15,145
59,417 735,805
1,067,866
4,252,754
2,300,104 3,286,958 1,702,854
2,695,583 3,415,421 1,717,999 779,436 26,977,970 656,170
8,812,334 643,469
1,426,441
283,720
36,367,565 2,077,681
732,216 527,749 1,595,590
21,478
956,644
6,738,909 3,094,844 [2,372,022]
7,471,125 3,644,071 956,644 [776,432] 46890,060 2,721,150
$ 10,166,708 $ 7,059,492 $ 2,674,643 $ 3,004 $ 73868,030 $ 3,377,320
Statement 1
2 of 2
Fiduciary Total Component Total
Fund Types Account Groups Primary Units Reporting
General General Government Salina Salina Entity
Trust and Fixed Long- (Memoran- Housing Airport (Memoran-
Aqency Assets Term Debt dum Only) Authority Authority dum Only)
$ 1,031,037 $ - $ - $ 1,805,518 $ 69,328 $ 141,048 $ 2,015,894
236,650 236,650
94,360 23,549 117,909
443,506 443,506
327,255 79,401 406,656
885,000 65,000 950,000
59,889 59,889
2,367,369 3,173,204 565,000 3,738,204
124,415 50,967 175,382
5,394,514 270,621 5,665,135
12,100,000 315,000 12,415,000
935,000 935,000
1,987,586 2,556,149 10,006 2,566,155
132,097 132,097
15,145 15,145
795,222 795,222
1,067,866 1,067,866
16,728,174 20,980,928 4,525,000 25,505,928
7,289,916 78,360 802,600 8,170,876
1,031,037 21,083,129 58,356,745 181,243 6,874,526 65,412,514
32,898,838 32,898,838 32,898,838
9,455,803 8,927,372 18,383,175
1,426,441 1,426,441
283,720 283,720
38,445,246 10,810,326 49,255,572
2,855,555 2,855,555
21,478 21,478
956,644 956,644
350,786 7,812,517 6,764,214 14,576,731
350,786 32,898,838 94,156,242 6,764,214 19,737,698 120,658,154
$ 1,381,823 $ 32,898,838 $21,083,129 $152,512,987 $ 6,945,457 $26,612,224 $ 186,070,668
The notes to the financial statements are an integral part of this financial statement.
4
Statement 2
1 of 2
CITY OF SALINA, KANSAS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES-
ALL GOVERNMENTAL FUND TYPES, EXPENDABLE TRUST FUNDS
AND DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31, 2001
Fiduciary Total
Governmental Fund Types Fund-~ Primary
Government
Special Debt Capital Expendable (Memoran-
General Revenue Service Projects Trust dum Only)
Revenues
Taxes $16,664,880 $ 3,901,917 $1,715,833 $ $ $ 22,282,630
Special assessments 1,320,324 49,690 1,370,014
Intergovernmental 1,517,465 2,399,017 3,916,482
Fees and charges 1,482,613 624,796 2,107,409
Miscellaneous revenues 3,543,547 1,346,447 111,475 40,308 ~~,578 5,044,355
Total revenues 23,208,505 8,272,177 3,147,632 89,998 ~~,578 34,720,890
Expenditures
Current
General government 2,033,818 193,021 2,226,839
Public safety 9,290,773 2,035,598 11,326,371
Public works 3,767,521 1,097,852 4,865,373
Culture and recreation 1,821,817 2,518,534 385 4,340,736
Public health and sanitation 705,421 179,777 885,198
Community development 3,407,067 745,675 4,152,742
Capital outlay 1,554,969 1,918,534 889,170 4,362,673
Debt service
Principal 90,000 2,381,449 2,471,449
Interest and other charges 8,658 844,372 369,439 -- 1,222,469
Total expenditures 22,581,386 8,787,649 3,225,821 1,258,609 385 35,853,850
--
Excess [deficiency] of revenues
over [under] expenditures $ 627,119 $ [515,472] $ [78,189] $[1,168,611] L-J~, 193 $ [1,132,960]
The notes to the financial statements are an integral part of this financial statement.
5
Statement 2
2 of 2
CITY OF SALINA, KANSAS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES-
ALL GOVERNMENTAL FUND TYPES, EXPENDABLE TRUST FUNDS
AND DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31, 2001
Other financing sources [uses]
Operating transfers in
Operating transfers out
Bond proceeds
Sale of assets
Total other financing sources [uses]
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses]
Fund balances, January 1
Prior period adjustments
Residual equity transfer in
Residual equity transfer [out]
Fund balances, December 31
Fiduciary Total
Governmental Fund Types Fund ~ Primary
Government
Special Debt Capital Expendable (Memoran-
General Revenue Service Projects Trust dum Only)
$ 90,067 $ 491,634 $ 36,384 $ 68,673 $ $ 686,758
[262,500] [428,401] [690,901]
5,350,000 5,350,000
40,699 -- 40,699
[131,734] 63,233 36,384 5,418,673 -- 5,386,556
495,385 [452,239] [41,805] 4,250,062 2,193 4,253,596
6,942,816 4,065,926 942,981 [4,881,470] 42,276 7,112,529
[26,248] [26,248]
32,924 30,384 209,387 158,457 431,152
[153,919] [277,233] -- [431,152]
$7,471,125 $3,644,071 $ 956,644 $ [776,432] $ 44,469 $11,339,877
The notes to the financial statements are an integral part of this financial statement.
6
Statement 3
1 of 2
CITY OF SALINA, KANSAS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES-
ACTUAL AND BUDGET - GENERAL, SPECIAL REVENUE AND DEBT SERVICE. FUNDS
For the fiscal year ended December 31,2001
General Fund
Variance
Positive
Actual Budqet rNeqativel
$ 17,511,956 $ 17,422,429 $ 89,527
1,581,554 1,713,!>12 [131,958]
1,482,688 1,436,000 46,688
2,957,204 2,637,297 319,907
23,533,402 23,209,238 324,164
Revenues
Taxes
Intergovernmental
Fees and charges
Miscellaneous revenues
Total revenues
Expend itu res
Current
General government
Public safety
Public works
Public health and sanitation
Culture and recreation
Community development
Health Insurance
Capital outlay
Debt service
Principal
Interest and other charges
Cash reserve
1,867,210 1,924,060 56,850
9,211,265 9,321,!>44 110,279
3,700,842 3,796,'176 95,334
704,491 701,B34 [2,657]
1,805,241 1,788,570 [16,671]
3,576,625 3,601,B59 25,234
2,046,859 2,097,~¡47 50,488
5,021, ~168
5,021,168
Total expenditures
22,912,533
28,252,!i58
5,340,025
Excess [deficiency] of revenues
over [under] expenditures
620,869 [5,043,320] 5,664,189
90,067 17,000 73,067
[262,500] [262,!>00]
40,699 54,000 [13,301]
[131,734] [191,!iOO] 59,766
Other financing sources [uses]
Operating transfers in
Operating transfers out
Sale of assets
Total other financing sources [uses]
Budgeted Special Revenue Funds Debt Service Fund
Variance Variance
Positive Positive
Actual Budqet rNeqativel Actual Budqet rNeqative}
$ 3,870,298 $ 3,910,730 $ [40,432] $ 1,715,833 $ 1,730,487 $ [14,654]
1,859,799 1,832,000 27,799
867,053 912,000 [44,947]
109,319 315,131 [205,812] 1,420,365 1,335,000 85,3135
6,706,469 6,969,861 [263,392] 3,136,198 3,065,487 70,711
177,266 177,160 [106]
2,035,598 2,029,833 [5,765]
601,968 586,115 [15,853]
179,777 150,874 [28,903]
2,089,170 1,988,492 [100,678]
663,418 735,045 71,627
6,000 10,000 4,000
1,729,914 2,028,100 298,186
90,000 90,000 2,381,449 2,381,631 [182]
8,658 8,658 844,372 842,482 1,890
1,922,705 1,922,705 784,355 [784,3~
7,581,769 9,726,982 2,145,213 3,225,821 4,008,468 782,647
[875,300] [2,757,121] 1,881,821 [89,623] [942,981] 853,3:58
491,634 310,000 181,634 36,384 36,3134
[357,249] [327,000] [30,249]
134,385 [17,000] 151,385 36,384 36,3134
The notes to the financial statements are an integral part of this financial statement.
7
Statement 3
1 of 2
Statement 3
2 of2
CITY OF SALINA, KANSAS
COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES-
ACTUAL AND BUDGET - GENERAL, SPECIAL REVENUE AND DEBT SERVICE FUNDS
For the fiscal year ended December 31,2001
General Fund
Actual
Budqet
Variance
Positive
[Neqativel
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses]
Prior year cancelled encumbrances
Residual equity transfer in
Residual equity transfer [out]
$ 489,135 $ [5,234,820] $ 5,723,955
5,241,626 5,234,820 6,806
52,623 52,623
32,924 32,924
Unreserved fund balances, January 1
Unreserved fund balances, December 31
5,816,308 $
- $ 5,816,308
Interest receivable
Accounts receivable
Taxes receivable
Receivable reconciliation
Inventory reconciliation
Retainage
Current year encumbrances
Non-budgeted funds
87,616
769,441
70,390
[4,846]
732,216
Fund Balance, December 31
$ 7,471,125
Budgeted Special Revenue Funds
Variance
Positive
Actual Budqet rNeqativel
Debt Service Fund
Actual
Budqet
Variance
Positive
rNeqativel
$ [740,915] $ [2,774,121] $ 2,033,206 $ [53,239] $ [942,981] $ 889,742
2,799,419 2,734,285 65,134 942,981 942,981
68,685 68,685
30,384 30,384 209,387 209,3B7
[7,155] 7,155 [153,919] [153,91~
2,157,573 $ [46,991] $ 2,204,564 945,210 $ - $ 945,210
20,590 11 ,434
11,663
369,932
220,905
[5,943]
527,749
341,602
$ 3,644,071 $ 956,644
The notes to the financial statements are an integral part of this financial statement.
8
Statement 3
2 of 2
Statement 4
CITY OF SALINA, KANSAS
COMBINED STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
ALL PROPRIETARY FUND TYPES, SIMILAR TRUST FUNDS AND
DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31, 2001
Proprietary Fund Types
Enterprise
Internal
Service
Operating revenues
Charges for services
Reimbursements
Gain on sale of assets
Miscellaneous
Total operating revenues
$ 16,094,858 $ 5,636,422 $
379,393 171,587
120,038 7,731
16,594,289 5,815,740
5,340,032
11,398,244
693,198
3,348,739 95,221
15,440,181 5,435,253
1,154,108 380,487
847,592 160,287
[1,271,759] [9,733]
[153,889]
[578,056] 150,554
576,052 531,041
2,087,849 62,500
[2,107,907]
[20,058] 62,500
555,994 593,541
Operating expenses
General government
Public works
Recreation
Depreciation
Other
Total operating expenses
Operating income [loss]
Nonoperating revenues [expenses]
Use of money and property
Operating grants
Debt service
Mill levy
Gain [loss] on disposition of fixed assets
Total nonoperating revenues [expenses]
Net income [loss] before operating transfers
Operating transfers
Transfers in
Transfers [out]
Total operating transfers
Net income [loss]
Add depreciation on assets acquired through
Federal contributions
Increase in retained earnings / fund balances
555,994 593,541
36,878,121 1,775,727
643,611 [291,587]
37,521,732 1,484,140
$ 38,077,726 $ 2,077,681 $
Retained earnings, January 1
Prior period adjustment
Retained earnings, Restated January 1
Retained earnings, December 31
Fiduciary
Fund Type
Non-
expendable
Trust
8,725
8,725
35
35
8,690
17,654
17,654
26,344
26,344
26,344
279,973
279,973
306,317
Total Component Total
Primary Unit Reporting
Government Salina Salina Entity
(Memoran- Housing Airport (Memoran-
dum Only) Authority Authority dum Only)
$ 21,740,005 $ 342,054 $ 1,371,854 $ 23,453,913
550,980 550,980
86,719 86,719
127,769 6,902 33,162 167,833
22,418,754 348,956 1,491,735 24,259,445
5,340,032 5,340,032
11,398,244 11,398,244
693,198 693,198
3,443,960 147,299 934,270 4,525,529
35 1,387,041 1,202,192 2,589,268
20,875,469 1,534,340 2,136,462 24,546,271
1,543,285 [1,185,384] [644,727] [286,826]
1,025,533 31,737 145,447 1,202,717
1,358,268 1,358,268
[1,281,492] [249,959] [1,531,451]
795,404 795,404
[153,889] [153,889]
[409,848] 1,390,005 690,892 1,671,049
1,133,437 204,621 46,165 1,384,223
2,150,349 2,150,349
[2,107,907] [2,107,907]
42,442 42,442
1,175,879 204,621 46,165 1,426,665
583,135 583,135
1,175,879 204,621 629,300 2,009,800
38,933,821 6,559,484 10,181,026 55,674,331
352,024 109 352,133
39,285,845 6,559,593 10,181,026 56,026,464
$ 40,461,724 $ 6,764,214 $ 10,810,326 $ 58,036,264
The notes to the financial statements are an integral part of this financial statement.
9
Statement 4
Statement 5
1 of 2
CITY OF SALINA, KANSAS
COMBINED STATEMENT OF CASH FLOWS-
ALL PROPRIETARY FUND TYPES, SIMILAR TRUST FUNDS AND
DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31,2001
Fiduciary
Proprietary Fund Types Fund Type
Non-
Internal expendable
Enterprise Service Trust
$ 16,395,922 $ 5,614,0:39 $ 8,725
201,691
[4,204,040] [589,827]
[7,046,267] [4,908,153] [35]
[634,328] [37,919]
317,701 10
4,828,988 279,841 8,690
[4,812,394] [19,946]
1,830
4,142,937
[1,400,000]
[119,328]
[818,551]
[835,000]
[31,646] [93,996]
[1,140,396] [9,733]
Cash flows from operating activities
Cash received from customers and users
Cash received from quasi-external transactions
Cash paid to employees for services
Cash paid to other suppliers of goods or services
Cash paid for quasi-external transactions
Other operating receipts
Net cash provided by [used in] operating activities
Cash flows from capital and related financing activities
Purchase and construction of fixed assets
Contributed capital
Proceeds from issuance of debt
Principal payments - temporary notes
Principal payments - loans
Principal payments - general obligation bonds
Principal payments - revenue bonds
Principal payments - capital leases
Interest paid
Bond issuance costs
Proceeds from property tax
Principal received on financing leases
Interest received on financing leases
Net cash used in capital and related financing activities
[5,012,548]
[123,6'~
Cash flows from investing activities
Interest received
672,854
124,141
13,992
Cash flows from non capital financing activities
Operating transfers in
Operating transfers out
Operating grant receipts
Net cash provided by [used in] noncapital financing activities
2,087,849 62,500
[2,107,907]
[20,058] 62,500
469,236 342,807 22,682
13,974,857 2,645,3?6 279,973
$ 14,444,093 $ 2,988,183 $ 302,655
Net increase [decrease] in cash and cash equivalents
Cash and cash equivalents, January 1
Cash and cash equivalents, December 31
Total Component Total
Primary Unit Reporting
Government Salina Salina Entity
(Memoran- Housing Airport (Memoran-
dum Only) Authority Authority dum Only)
$ 22,018,686 $ 545,126 $ 1,668,782 $ 24,232,594
201,691 201,691
[4,793,867] [463,501] [5,257,368]
[11,954,455] [1,463,317] [750,913] [14,168,685]
[672,247] [672,247]
317,711 6,902 324,613
5,117,519 [911,289] 454,368 4,660,598
[4,832,340] [197,908] [571,068] [5,601,316]
1,830 1,830
4,142,937 1,385,000 5,527,937
[1,400,000] [1,400,000]
[119,328] [49,963] [169,291]
[818,551] [565,000] [1,383,551]
[835,000] [60,000] [895,000]
[125,642] [125,642]
[1,150,129] [221,762] [1,371,891]
[21,266] [21,266]
795,403 795,403
69,668 69,668
119,778 119,778
[5,136,223] [197,908] 880,790 [4,453,341]
810,987 140,083 30,740 981,810
2,150,349 2,150,349
[2,107,907] [2,107,907]
1,358,268 1,358,268
42,442 1,358,268 1,400,710
834,725 389,154 1,365,898 2,589,777
16,900,206 80,375 596,730 17,577,311
$ 17,734,931 $ 469,529 $ 1,962,628 $ 20,167,088
The notes to the financial statements are an integral part of this financial statement.
10
Statement 5
1 of 2
Statement 5
2 of 2
CITY OF SALINA, KANSAS
COMBINED STATEMENT OF CASH FLOWS-
ALL PROPRIETARY FUND TYPES, SIMILAR TRUST FUNDS AND
DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31,2001
Cash and investments
Restricted cash and investments
Total cash and cash equivalents
Reconciliation of operating [loss] income to net cash
provided by [used in] operating activities
Operating income [loss]
Adjustments to reconcile operating income [loss] to net cash
provided by [used in] operating activities
Depreciation expense
Basis of assets sold
[Increase] decrease in accounts receivable
[Increase] decrease in inventory and prepaid supplies
Increase [decrease] in accounts payable
Increase [decrease] in retainage payable
Increase [decrease] in accrued compensated absences
Increase [decrease] in deposits payable
Increase [decrease] in claims payable
Increase [decrease] in deferred income
Increase [decrease] in accrued landfill closure and
postclosure care costs
Net cash provided by [used in] operating activities
Fiduciary
Proprietary Fund Types Fund Type
Non-
Internal expendable
Enterprise Service Trust
$ 11,292,180 $ 2,988,183 $ 302,655
3,151,913
$ 14,444,093 $ 2,988,183 $ 302,655
$ 1,154,108 $
$
8,690
380,487
3,348,739 95,221
119,335
44,428 7,124
8,487 [7,OB2]
80,743
46,672 887
2,354
[196,7136]
24,122
$ 4,828,988 $ 279,841 $ 8,690
Total Component Total
Primary Unit Reporting
Government Salina Salina Entity
(Memoran- Housing Airport (Memoran-
dum Only) Authority Authority dum Only)
$ 14,583,018 $ 469,529 $ 1,877,628 $ 16,930,175
3,151,913 85,000 3,236,913
$ 17,734,931 $ 469,529 $ 1,962,628 $ 20,167,088
$ 1,543,285 $ [1,185,384] $
[644,727] $
[286,826]
3,443,960 147,299 934,270 4,525,529
169,194 169,194
119,335 198,766 36,280 354,381
51,552 [14,446] [4,302] 32,804
1,395 [61 ,83o] [15,947] [76,382]
80,743 80,743
47,559 47,559
2,354 3,617 5,971
[196,786] [196,786]
689 [20,400] [19,711]
24,122 24,122
$ 5,117,519 $ [911,289] $ 454,368 $ 4,660,598
The notes to the financial statements are an integral part of this financial statement.
11
Statement 5
2 of 2
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A Reporting Entity
The City of Salina, Kansas (the City) is a municipal corporation governed by a Mayol" and a five member
commission. These financial statements present the City and its component units, entities for which the
government is considered to be financially accountable. Each discretely presented component unit is
reported in a separate column in the combined financial statement to emphasize that it is legally separated
from the government.
Discretely Presented Component Units
City of Salina Airport Authority - The Salina Airport Authority was created for the purpose of accepting as
surplus property portions of the former Schilling AF.B that was closed by the United States Department of
Defense in June, 1965. One of the primary functions of the Airport Authority is to facilitate the continued
growth of jobs and payroll at the Airport Industrial Center. The Airport Authority is managed and controlled by
a five-member Board of Directors appointed by the Salina City Commission. Any director may be removed
by a majority vote of the Salina City Commission. The Airport Authority's basic mill levy (up to 3 mills)
requires the approval of the City Commission. The Commission must also approve the issuance of general
obligation debt by the Airport Authority. The Airport Authority is reported as an enterprise fund. The Airport
Authority has a December 31 fiscal year end.
Housing Authority of the City of Salina - The purpose of the Housing Authority of the City of Salina (Housing
Authority) is to administer Public Housing Programs authorized by the United States Housing Act of 1937.
The Mayor of the City of Salina appoints the governing board. The City Commission may remove
commissioners of the Housing Authority. The City must issue revenue bonds for the Housing Authority. The
financial liability of the Housing Authority is essentially supported by the operating and debt service subsidies
received under contract from the Federal government. The Housing Authority is reported as a proprietary
fund type. The Housing Authority has a June 30 fiscal year end. Information in the accompanying financial
statements covers the fiscal year ended June 30, 2001.
Complete financial statements for each of the individual component units may be obtained at the entity's
administrative offices.
Salina Airport Authority
3237 Arnold Ave.
Salina, KS
Housing Authority of
the City of Salina
469 S. 5th
Salina, KS
Joint Ventures
The City of Salina also participates with Saline County in two joint ventures. The Salina-Saline County Board
of Health was organized by the City and County to promote public health. The City and County organized
the Salina County-City Building Authority to acquire, operate and maintain facilities for the administrative
offices of both governments. The primary governments each have an ongoing financial responsibility for the
joint ventures. Separate financial statements are available from the governing boards of each joint venture.
Board of Building
Health Authority
(Unaudited) (Audite~
$ 409,463 $ 582,:144
2,896,925 721,B65
598,646 271,197
Total fund balance, December 31,2001
Total revenues, year ended December 31,2001
Total revenues from City of Salina
12
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
B. Measurement Focus, Basis of Accounting and Basis of Presentation
The accounts of the City are organized and operated on the basis of funds and account groups. A fund is an
independent fiscal and accounting entity with a self-balancing set of accounts. Fund accounting segregates
funds according to their intended purpose and is used to aid management in demonstrating compliance with
finance-related legal and contractual provisions. The minimum number of funds are maintained consistent
with legal and managerial requirements. Account groups are a reporting device to account for certain assets
and liabilities of the governmental funds not recorded directly in those funds.
The City has the following fund types and account groups:
Governmental Funds are used to account for the City's general government activities. Governmental fund
types use the flow of current financial resources measurement focus and the modified accrual basis of
accounting. Under the modified accrual basis of accounting, revenues are recognized when susceptible to
accrual (i.e., when they are "measurable and available"). "Measurable" means the amount of the transaction
can be determined and "available" means collectible within the current period. The City considers all
revenues available if they can be collected soon enough after year end to pay current year expenditures.
Expenditures are recorded when the related fund liability is incurred, except for unmatured principal and
interest on general long-term debt which is recognized when due, and certain compensated absences and
claims and judgments which are recognized when the obligations are expected to be liquidated with
expendable available financial resources.
Property taxes, interest and special assessments are susceptible to accrual. Other receipts and taxes
become measurable and available when cash is received by the government and are recognized as revenue
at that time.
Entitlements and shared revenues are recorded at the time of receipt or earlier if the susceptible to accrual
criteria are met. Expenditure-driven grants are recognized as revenue when the qualifying expenditures have
been incurred and all other grant requirements have been met.
The City reports deferred revenue on its combined balance sheet. Deferred revenues arise when a potential
revenue does not meet both the "measurable" and "available" criteria for recognition in the current period.
Deferred revenues also arise when the City receives resources before it has a legal claim to them, as when
grant monies are received prior to incurring qualifying expenditures. In subsequent periods, when both
revenue recognition criteria are met, or when the City has a legal claim to the resources, the liability for
deferred revenue is removed from the combined balance sheet and revenue is recognized.
Governmental funds include the following fund types:
The general fund is the City'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 special revenue funds account for revenue sources that are legally restricted to expenditure for
specific purposes (not including expendable trusts or major capital projects).
The debt service fund accounts for the servicing of general long-term debt not being financed by
proprietary or nonexpendable trust funds.
The capital projects funds account for the acquisition of fixed assets or the construction of major
capital projects not being financed by the proprietary or nonexpendable trust funds.
13
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31,2001
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
B. Measurement Focus, Basis of Accounting and Basis of Presentation (Continued)
Proprietary Funds are accounted for on the flow of economic resources measurement focus and use the
accrual basis of accounting. Under this method, revenues are recorded when earned and expenses are
recorded at the time liabilities are incurred. The City applies all applicable Governmental Accounting
Standards Board (GASB) pronouncements as well as the following pronouncements issued on or before
November 30, 1989, unless those pronouncements conflict with or contradict GASB pronouncements: FASB
Statements and Interpretations, APB Opinions and ARBs. Proprietary funds include the following fund type:
Enterprise funds are used to account for those operations that are financed and operated in a
manner similar to private business or where the City has decided that the determination of revenues
earned, costs incurred and/or net income is necessary for management accountability.
Internal service funds account for operations that provide services to other departments or agencies
of the government, or to other governments, on a cost-reimbursement basis.
Fiduciary Funds account for assets held by the City in a trustee capacity or as an agent on behalf of others.
Trust funds account for assets held by the City under the terms of a formal trust agreement. Fiduciary funds
include the following fund types:
The expendable trust fund is accounted for in essentially the same manner as the governmental
fund types, using the same measurement focus and basis of accounting. Expendable trust funds
account for assets where both the principal and interest may be spent.
The nonexpendable trust funds are accounted for in essentially the same manner as the proprietary
funds, using the same measurement focus and basis of accounting. Nonexpendable trust funds
account for assets of which the principle may not be spent.
The agency funds are custodial in nature and do not present results of operations or have a
measurement focus. Agency funds are accounted for using the modified accrual basis of
accounting. These funds are used to account for assets that the City holds for others in an agency
capacity.
Account Groups. The general fixed assets account group is used to account for fixed assets not accounted
for in proprietary or trust funds. The general long-term debt account group is used to account for general
long-term debt and certain other liabilities that are not specific liabilities of proprietary or trust funds.
C. Assets, Liabilities and Equity
1. Pooled cash and investments
The City maintains a cash and investment pool that is available for use by all funds managed by the city.
Each fund type's portion of this pool is displayed on the combined balance sheet as "Cash and Investments."
The city's cash and cash equivalents are considered to be cash on hand, demand deposits and short-term
investments with original maturities of three months or less from the date of acquisition Investments in the
Kansas Municipal Pool are carried at fair value.
14
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. Assets, Liabilities, and Equity (Continued)
1. Pooled Cash and Investments (Continued)
Cash balances from all funds are invested to the extent available in certificates of deposit and other
authorized investments. Investments with maturity dates greater than three months are stated separately.
Earnings from these investments, unless specifically designated, are allocated monthly to the investing fund
based on the percentage of funds invested to total investments. All investments are carried at fair value.
2. Receivables and Pavables
Transactions between funds that are representative of lending/borrowing arrangements outstanding at the
end of the year are referred to as either "interfund receivables/payables" (i.e., the current portion of interfund
loans) or "advances to/from other funds" (i.e., the non-current portion of interfund loans). All other
outstanding balances between funds are reported as "due to/from other funds."
Accounts Receivable. The City records revenues when seNices are provided. All receivables are shown net
of an allowance for doubtful accounts.
Property taxes receivable. Collection of current year property tax by the County Treasurer is not completed,
apportioned or distributed to the various subdivisions until the succeeding year, such procedure being in
conformity with governing state statutes. Consequently, current year property taxes receivable are not
available as a resource that can be used to finance the current year operations of the City and, therefore, are
not susceptible to accrual. Accruals of uncollected current year property taxes are offset by deferred revenue
and are identical to the adopted budget for 2002. It is not practicable to apportion delinquent taxes held by
the County Treasurer at the end of the accounting period, and further, the amounts thereof are not material in
relationship to the financial statements taken as a whole.
The determination of assessed valuations and the collection of property taxes for all political subdivisions in
the State of Kansas are the responsibility of the various counties. The County Appraiser annually determines
assessed valuations on January 1 and the County Clerk spreads the annual assessment on the tax rolls. The
County Treasurer is the tax collection agent for all taxing entities within the County. In accordance with state
statutes, property taxes levied during the current year are a revenue source to be used to finance the budget
of the ensuing year. Property taxes are levied and liens against property are placed on November 1 of the
year prior to the fiscal year for which they are budgeted. Payments are due November 1, becoming
delinquent, with penalty, December 21. Payments of 50% are accepted through December 20, with the
second 50% then being due on or before June 20 of the following year. This procedure eliminates the need
to issue tax anticipation notes since funds will be on hand prior to the beginning of each fiscal year. The City
Treasurer draws down all available funds from the County Treasurer's office in two-month inteNals. Taxes
remaining due and unpaid at February 15 and July 1 are subject to collection procedures prescribed in state
statutes.
3. Inventories and Prepaid Items
Inventories are valued at cost using the first-in/first-out (FIFO) method. The costs of governmental fund-type
inventories are recorded as expenditures when consumed.
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as
prepaid items.
15
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31,2001
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. Assets, Liabilities, and Equity (Continued)
4. Restricted Assets
Certain proceeds of the City's enterprise fund revenue bonds, as well as certain resources set aside for their
repayment, are classified as restricted assets on the balance sheet because their use is limited by applicable
bond covenants. The "Water and Sewer Principal and Interest" account is used to segregate resources
accumulated for debt service payments over the next twelve months. The "Debt Service Reserve" account is
used to report resources set aside to make up potential future deficiencies in the "Water and Sewer Principal
and Interest Account".
5. Fixed Assets
Fixed assets used in governmental fund types of the City are recorded in the general fixed assets account
group at cost or estimated historical cost if purchased or constructed. Donated fixed assets are recorded at
their estimated fair value at the date of donation. Assets in the general fixed assets account group are not
depreciated. Interest incurred during construction is not capitalized on general fixed assets.
Public domain (infrastructure) general fixed assets (e.g., roads, bridges, sidewalks and other assets that are
immovable and of value only to the City) are not capitalized.
The cost of normal maintenance and repairs that do not add to the value of the asset or materially extend
assets' lives are not included in the general fixed assets account group or capitalized in the proprietary funds.
Property, plant and equipment in the proprietary funds of the City are recorded at cost Property, plant and
equipment donated to these proprietary fund type operations are recorded at their estimated fair value at the
date of donation.
Major outlays for capital assets and improvements are capitalized in proprietary funds as projects are
constructed. Interest incurred during the construction phase of proprietary fund fixed assets is reflected in the
capitalized value of the asset constructed, net of interest earned on the invested proceeds over the same
period.
Property, plant and equipment are depreciated in the proprietary funds of the City using the straight line
method over the following estimated useful lives:
Assets
Years
Buildings
Other equipment
Vehicles
Utility plant & equipment
20 - 50
5 - 10
7 - 10
10 - 70
16
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. Assets, Liabilities, and Equity (Continued)
6. Compensated Absences
It is the City's policy to permit employees to accumulate earned but unused vacation and sick pay benefits.
All employees of the City, except temporary and part time employees, may accumulate sick leave at a rate of
8 or 11 hours per month depending on their work duty schedule. There is no limit on the amount of sick
leave that can be accumulated. Employees with more than five years of service with the City are paid for
one-third of their accumulated sick leave at their current wage scale upon termination of employment in good
standing. In 2001, a limited buy back policy was instituted.
All regular employees are entitled to paid vacation time. Such leave is granted each year of employment and
unused leave may accumulate without limit. Employees are paid for all accumulated vacation leave at their
current wage scale upon termination of employment.
Vested or accumulated vacation leave that is expected to be liquidated with expendable available financial
resources is reported as an expenditure and a fund liability of the government fund that will pay it. Amounts
of vested or accumulated vacation pay that are not expected to be liquidated with E!xpendable available
financial resources are reported in the general long-term debt account group. No expenditure is reported for
these amounts. Vested or accumulated vacation leave of proprietary funds is recorded as an expense and
liability of those funds as the benefits accrue to employees. In accordance with the provisions of Statement
No. 16 of the Governmental Accounting Standards Board, Accounting for Compensated Absences, a liability
is recorded for accumulated rights to receive sick pay benefits that are payable upon termination of
employment.
7.
Temporary Notes
Upon authorization for the issuance of general obligation bonds for certain improvements, Kansas law
permits the temporary financing of such improvements by the issuance of temporary notes. Temporary
notes issued may not exceed the aggregate amount of bonds authorized, are interest bearing and have a
maturity date not later than four years from the date of issuance of such temporary notE!s. Temporary notes
outstanding are retired from the proceeds of the sale of general obligation bonds.
8. Lonq-term Obliqations
The City reports long-term debt of governmental funds at face value in the general long-term debt account
group. Certain other governmental fund obligations not expected to be financed with current available
financial resources are also reported in the general long-term debt account group. Long-term debt and other
obligations financed by proprietary funds are reported as liabilities in the appropriate funds.
For governmental fund types, bond premiums and discounts, as well as issuance costs, are recognized
during the current period. Bond proceeds are reported as an other financing source net of the applicable
premium or discount. Issuance costs, even if withheld from the actual net proceeds received, are reported as
debt service expenditures. For proprietary fund types, bond premiums and discounts, as well as issuance
costs, are deferred and amortized over the life of the bonds using the effective interest method. Bonds
payable are reported net of the applicable bond premium or discount. Issuance costs are reported as
deferred charges.
17
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31,2001
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
C. Assets, Liabilities and Equity (Continued)
9. Fund Equity
Reservations of fund balance represent amounts that are not appropriable or are legally segregated for a
specific purpose. Reservations of retained earnings are limited to outside thil-d-party restrictions.
Designations of fund balance represent tentative management plans that are subje'ct to change. The
proprietary fund's contributed capital represents equity acquired through capital grants and capital
contributions from other governments or other funds.
10. Interfund Transactions
Quasi-external transactions (i.e., transactions that would be treated as revenues or expenses if they involved
organizations external to the governmental unit, such as internal service fund billings to departments) are
accounted for as revenues, expenditures or expenses. Transactions that constitute reimbursements to a
fund are expenditures/expenses in the reimbursing fund and reductions of expenditures/expenses in the fund
that is reimbursed.
All other interfund transactions, except quasi-external transactions and reimbursements, are reported as
transfers. Nonrecurring or non routine permanent transfers of equity are reported as residual equity transfers.
All other interfund transfers are reported as operating transfers.
11. Memorandum Only - Total Columns
Total columns on the general purpose financial statements are captioned as "memorandum only" because
they do not represent consolidated financial information and are presented only to facilitate financial analysis.
The columns do not present information that reflects financial position, results of operations or cash flows in
accordance with accounting principles generally accepted in the United States of America. Interfund
eliminations have not been made in the aggregation of this data.
12. Comparative Data/Reclassifications
Comparative total data for the prior year have been presented in selected sections of the accompanying
financial statements in order to provide an understanding of the changes in the City's financial position and
operations. Also, certain amounts presented in the prior year data have been reclassified in order to be
consistent with the current year's presentation.
Note 2. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
A. Budgetary Information
Kansas statutes require that an annual operating budget be legally adopted for the general fund, special
revenue funds (unless specifically exempted by statute), debt service fund, and enterprise funds. The
statutes provide for the following sequence and timetable in the adoption of the legal annual operating
budget:
1. Preparation of the budget for the succeeding year on or before August 1 s1.
2. Publication in local newspaper of the proposed budget and notice of public hearing on the budget on or
before August 5th.
18
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 2. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
A. Budgetary Information (Continued)
3. Public hearing on or before August 15th, but at least ten days after publication of notice of hearing.
4. Adoption of the final budget on or before August 25th.
The statutes allow for the governing body to increase the originally adopted budget for previously
unbudgeted increases in revenue other than ad valorem property taxes. To do this, a notice of public hearing
to amend the budget must be published in the local newspaper. At least ten days after publication the
hearing may be held and the governing body may amend the budget at that time, There were no budget
amendments for the current year.
The statutes permit management to transfer budgeted amounts between line items within an individual fund.
However, such statutes prohibit expenditures in excess of the total amount of the adopted budget of
expenditures of individual funds. Budget comparison statements are presented for each fund showing actual
receipts and expenditures compared to legally budgeted receipts and expenditures.
All legal annual operating budgets are prepared using the modified accrual basis of accounting, modified
further by the encumbrance method of accounting. Revenues are recognized whe!n cash is received.
Expenditures include disbursements, accounts payable, and encumbrances. Encumbrances are
commitments by the municipality for future payments and are supported by a document evidencing the
commitment, such as a purchase order or contract. All unencumbered appropriations (legal budget
expenditure authority) lapse at year end.
A legal operating budget is not required for capital projects funds, trust funds, and the following special
revenue funds: Bicentennial Center Event, HUD Community Development, Community Development
Revolving, Heritage Commission, Housing Rehabilitation, CDBG-ED, HOME IV, Special Law Enforcement,
Police Grants, Dare Donations, and Large System Interface. A legal operating budget is not required for the
following Enterprise funds: Solid Waste Construction, Water and Sewer Principal and Interest, Water and
Sewer Bond Reserve, Water and Sewer Construction and Reserve funds. Actual to budget comparisons for
these funds that present budgets to the Commissioners are shown strictly for informational purposes.
Spending in funds which are not subject to the legal annual operating budget requirements are controlled by
federal regulations, other statutes, or by the use of internal spending limits establishE~d by the governing
body.
Compliance with Kansas Statutes. References made herein to the statutes are not intended as interpretation
of law, but are offered for consideration by the Director of Accounts and Reports and interpretation by the
County Attorney and legal representatives of the City. Management is not aware of any material violations of
Kansas statutes in the current year.
19
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 2. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY (Continued)
B. Deficit Fund Equity
The following fund had a deficit fund equity at December 31, 2001: Home IV $[57,792], and Large System
Interface $[1,625]. These deficits will be recovered from reimbursements from grantor agencies, or in the
event certain costs are disallowed, from general funds. The Capital Projects fund had deficit fund equity of
$[776,432]. This deficit will be recovered when temporary financing of projects is replaced with long-term
general obligation bond financing.
C. Compliance With Bond Reserve Requirements
Water & Sewer Bond Reserve Requirements
The bond reserve contains a "net revenue" requirement of 125% of next year principal and interest
payments. The Water & Sewer fund met this requirement for 2001
Reserve requirement $ 1,921,675
Actual reserves
Principal and interest account $ 1,067,845
Bond reserve account 1,426.441
Total actual reserves $ 2,494,286
The City was in compliance with the reserve account balance requirements at December 31,2001
D. Legal Debt Margin
The City is subject to the municipal finance law of the state of Kansas which limits the bonded debt
(exclusive of revenue bonds and special assessment bonds) the city may have outstanding to 30 percent of
the assessed value of all tangible taxable property within the city, as certified to the county clerk on the
proceeding August 25. At December 31, 2001, the statutory limit for the City was $103,278,823, providing a
debt margin of $79,146,335.
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS
A. Deposits and Investments
Deposits - At year end, the City's carrying amount of the deposits and cash on hand was $14,715,962 and
$14,363 respectively. The bank balance was $14,937,990. The difference between the carrying amount and
the bank balance is outstanding checks, deposits in transit and cash on hand. Of the bank balance $400,000
was covered by FDIC insurance and the remaining $14,537,990 was collateralized by pledged securities
held under joint custody receipts issued by a third-party bank in the City's name and by Bank Depository
Guranty Bonds issued by Kansas Bankers Surety Company. The third-party bank holding the pledged
securities is independent of the pledging bank. The pledged securities are held under a tri-party custodial
agreement signed by all three parties; the City, the pledging bank, and the independent third-party bank
holding the pledged securities. The Kansas State Treasurer's Fiscal Agency Department held an unsecured
and uncollateralized deposit of $15,145.
The carrying amount of deposits for the Housing Authority of the City of Salina, a discretely presented
component unit, was $883,551 and the bank balance was $883,551. Of the bank
20
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
A. Deposits and Investments (Continued)
balance, $883,551 was covered by federal depository insurance or by collateral held by the entity's agency in
the Housing Authority's name.
The carrying amount of deposits for the Salina Airport Authority, a discretely presented component unit, was
$1,962,628 and the bank balance was $1,998,515 Of the bank balance, $1,998,515 was covered by federal
depository insurance or by collateral held by the entity's agency in the Authority's name.
Investments - Kansas statutes authorize the City to invest in U.S. Treasury bills and notes, repurchase
agreements, the Kansas Municipal Investment Pool (KMIP), and certain other types of' federal and Kansas
municipal obligations. All investments must be insured, registered, or held by the City or its agent in the
City's name. The City's investments are categorized to give an indication of the level of risk assumed by the
City at year-end. Category 1 includes investments that are insured or registered, or for which the securities
are held by the City or its agent in the City's name. Category 2 includes uninsun3d and unregistered
investments for which the securities are held by the pledging bank's trust department or agent in the City's
name. Category 3 includes uninsured and unregistered investments for which the securities are held by the
pledging bank but not in the City's name. The carrying amount of investments approximates fair value.
At December 31, 2001, the City had invested $8,253,382 in the State's municipal investment pool. The
municipal investment pool is under the oversight of the Pooled Money Investment Board. The board is
comprised of the State Treasurer and four additional members appointed by the State Governor. The board
reports annually to the Kansas legislature. State pooled monies may be invested in direct obligations of, or
obligations that are insured as to principal and interest by the US government or any agency thereof, with
maturities up to four years. No more than 10 percent of those funds may be invested in mortgage-backed
securities. In addition, the State pool may invest in repurchase agreements with Kansas banks or with
primary government securities dealers. The City's investment in the State Treasurer's municipal investment
pool is not subject to categorization as to risk. The fair value of the City's position in the municipal investment
pool is substantially the same as the value of the pool shares. The categories of the City's investments are
as follows:
Category
2
3
Carrying
Amount
U.S. Treasury Bills
$ 6,034,075 $
- $
- $
6,034,075
Pooled investment -
State of Kansas
8,253,382
$ 14,287,457
Separate statutes regulate investment proceeds for most bond issues. Local units may invest bond
proceeds in direct obligations of the United States Government and its agencies or make investments as
authorized for other idle funds. Under existing Attorney General opinions maturity and interest rates are
negotiable on such bonds.
21
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31,2001
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
A. Deposits and Investments (Continued)
The cash and investments by fund type at December 31,2001 are as follows:
Subtotal primary government
Cash and Separate
Investments Deposits Total Restricted Unrestricted
$ 6,145,560 $ - $ 6,145,560 $ - $ 6,145,560
3,118,915 3,118,915 3,118,915
945,210 15,145 960,355 960,355
14,444,093 14,444,093 3,151,913 11,292,180
2,988,183 2,988,183 2,988,183
1,339,925 35,896 1,375,821 1,375,821
28,981,886 51,041 29,032,927 3,151,913 25,881,014
Primary Government
General
Special Revenue
Debt Service
Enterprise
I nternal Service
Trust & Agency
Component Units
Salina Airport Authority
Salina Housing Authority
1,962,628
883,551
1,962,628
883,551
85,000
1,877,628
883,551
Subtotal component units
2,846,179
2,846,179
85,000
2,761,179
Total reporting entity
$ 31,828,065 $ 51,041 $ 31,879,106 $ 3,236,913 $ 28,642,193
B. Receivables
Receivables as of year end, including the applicable allowances for doubtful accounts, are as follows:
General
Special
Revenue
Debt
Service
Enterprise
Internal
Service
Capital Trust &
Projects J~
Total
Primary Government
Receivables:
Accounts
Taxes
Interest
Notes
Gross receivables
Less: allowance for
uncollectibles
Total
$ 809,889 $ 44,299 $ - $ 1,049,651 $ - $ - $ - $ 1,903,839
2,300,104 3,853,497 1,702,854 7,856,455
87,616 28,042 11,434 174,729 36,147 3,004 6,002 346,974
21,478 21,478
3,197,609 3,947,316 1,714,288 1,224,380 36,147 3,004 6,002 10,128,746
[40,448] [8,364] [90,625] [139,437]
$ 3,157,161 $ 3,938,952 $ 1,714,288 $ 1,133,755 $ 36,147 $ 3,004 ! 6,002 $ 9,989,309
Component Units
Salina Airport Authority
Salina Housing Authority
Total
$
848,347
53,266
901,613
$
22
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31,2001
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
C. Interfund Receivables and Payables
The composition of interfund balances as of December 31,2001, is as follows:
Receivable Fund
General
General
Special Revenue -
Employee Benefit
D. Fixed Assets
Payable Fund
Special Revenue -
Home IV
Capital Projects
Special Revenue -
Large System Interface
Amount
$ 57,792
735,805
1,625
$ 795,222
Total
The following is a summary of the changes in the general fixed assets account group during the current year.
Primary Government
Land
Land improvements
Buildings
Machinery and equipment
Total reporting entity
Balance
January 1 ,
2001
Deletions
Balance
December 31,
2001
Additions
$ 2,589,193 $ - $ - $ 2,589,193
6,443,810 6,443,810
12,453,379 12,453,379
11,579,374 880,610 1,047,528 11,412,456
$ 33,065,756 $ 880,610 $ 1,047,528 $ 32,898,838
23
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
D. Fixed Assets (Continued)
The following is a summary of proprietary fund-type fixed assets at December 31, 2001:
Land
Land improvements
Water plant and equipment
Sewer plant and equipment
Airfield and infrastructure
Equipment
Vehicles
Buildings
Construction in progress
Enterprise
Funds
514,050 $
7,308,475
41,922,811
40,374,074
Primary Government
Internal Salina
Service Housing
Funds Authoritv
- $ 1,453,890 $
Component
Unit
$
Salina
Airport
!~uthoritv
8,464,938
17,109,402
2,358,949 1,477,633 133,328 1,513,709
1,654,456 13,911
579,812 22,072 5,173,213 6,798,672
3,004,037 413,235
Less accumulated depreciation
97,716,664
[40,302,138]
1,513,616
[1,200,965]
7,173,666 33,886,721
[1,193,880] --.111,327,363]
$ 57,414,526 $
312,651 $ 5,979,786 $ :22,559,358
Net fixed assets
Interest costs are capitalized when incurred by proprietary funds and similar component units on debt where
proceeds were used to finance the construction of assets. Interest earned on proceeds of tax-exempt
borrowing arrangements restricted to the acquisition of qualifying assets is offset against interest costs in
determining the amount to be capitalized.
E. Restatement
Following the close of the previous fiscal year, it was discovered that items previously included in the Capital
Projects Fund should have been reported in the enterprise funds. In addition to this change, various items
previously expensed in the enterprise and internal service funds should have been capitalized as
construction in progress. Accordingly, the beginning fund balance for the Capital Pmject Fund and the
beginning retained earnings balance for the enterprise and internal service funds were restated, the effects of
which are as follows:
Beginning Fund Balance [Deficit]/Retained
Earnings, as previously stated
Capital Internal
Projects Enterprise Service
Fund Funds Funds
$ [4,881,470] $ 36,878,121 $. 1,775,727
[26,248] 643,611 [291,587]
Prior period adjustment
Beginning Fund Balance [Deficit]/Retained
Earnings, as restated
$ [4,907,718]
$ 37,521,732 $ 1,484,140
24
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
F. Long-Term Debt
Following is a summary of changes in long-term debt for fiscal year 2001:
Balance Balance
January 1 , December 31 ,
2001 Additions Deletions 2001
General Long-Term Debt
General obligation bonds $ 16,495,224 $ 5,071,800 $ 2,471,481 $ 19,095,543
Accrued compensation 1,908,861 78,725 1,987,586
Total 18,404,085 5,150,525 2,471,481 21,083,129
Short-Term Debt in Governmental Funds
Temporary notes 5,300,000 25,000 5,325,000
Proprietary Funds
General obligation bonds 5,547,097 278,200 766,708 5,058,589
Revenue bonds 13,820,000 835,000 12,985,000
Loans payable 3,540,286 2,097,975 119,3:~2 5,518,929
Temporary notes 500,000 1,835,000 1,400,000 935,000
Capital financing leases 257,739 125,642 132,097
Accrued compensation 521,004 47,559 568,563
Total 24,186,126 4,258,734 3,246,682 25,198,178
Total primary government $ 47,890,211 $ 9,434,259 $ 11,043, 1E¡3 $ 46,281,307
Component Units
General obligation bonds $ 4,270,000 $ 1,385,000 $ 565,000 $ 5,090,000
Revenue bonds 440,000 60,000 380,000
Loans payable 371,551 49,9E¡3 321,588
Total component units $ 5,081,551 $ 1,385,000 $ 674,9E~ $ 5,791,588
25
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31,2001
F. Long-Term Debt (Continued)
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
The following is a detailed listing of the city's long-term debt including general obligation bonds, revenue
bonds, temporary notes and loans payable:
Primary Government
General Obligation
Crawford Street 1992, due 10/1/2002
Internal Improvements 1993, due 10/1/2003
Internal Improvements 1993, due 10/1/2003
Internal Improvements 1994, due 10/1/2004
Internal Improvements 1995, due 10/1/2005
Internal Improvements 1996, due 8/1/2006
Internal Improvements 1997, due 2/1/2012
Internal Improvements 1998, due 8/1/2003
Water/sewer refunding 1998, due 10/1/2008
Internal Improvements 1999, due 10/1/2014
Internal Improvements 2000, due 10/1/2015
Internal Improvements 2001, due 10/1/2016
Total general obligation bonds
Revenue Bonds
Water and Sewer 1993, due 10/1/2013
Revenue Refunding 1994, due 9/1/2012
Total revenue bonds
Loans Payable
Kansas Public Water Supply, due 2/1/2020
Kansas Public Water Supply, due 2/1/2023
Total loans payable
Temporary Notes
Series 2001-2
Capital Leases
IBM AS/400 Model 720, due 3/1/2002
Golf Course Equipment, due 3/15/2002
Total Capital Leases
Original Interest Bonds
Issue Rates Outstandinq
1,240,000 3.75% to 5.90% $ 125,000
685,000 3.50% to 5.50% 140,000
1,800,000 3.40% to 5.00% 370,000
1,175,000 4.70% to 6.50% 345,000
2,434,000 4.75% to 6,50% 965,000
1,847,000 4.65% to 5.00% 925,000
1,650,000 4.50% to 5.25% 990,000
3,900,000 4.10% to 5,00% 2,970,000
6,010,000 3.80% to 4.40% 4,059,132
5,465,000 4.30% to 5.50% 4,365,000
3,885,000 4.625% to 6.50% 3,550,000
5,350,000 4.00% to 4.90% 5,350,000
$ 24,154,132
3,200,000
11,390,000
4.50% to 5.25%
4,30% to 5.25%
$ 2,295,000
10,690,000
$ 12,985,000
3,600,000
5,000,000
$
4.29%
4.13%
3,420,954
2,097,975
5,518,929
$
935,000
3.22%
$
935,000
291,587
65,000
$
98,743
33,354
132,097
5.05%
5.40%
$
26
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
F. Long-Term Debt (Continued)
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
Component Unit
Salina Airport Authority
General Obligation Bonds
General Obligation 1993-A due 2003
General Obligation 1993-B, due 2003
General Obligation 1998, due 2008
General Obligation 1999B, due 2010
General Obligation 2001A, due 2012
Total general obligation bonds
Revenue Bonds
Leasehold revenue 1991, due 2006
Loans Payable
Kansas Dept of Commerce & Housing, due 2007
Total
Interest paid in 2001 is as follows:
Primary government
General obligation bonds
Revenue bonds
Loans payable
Temporary notes
Capital leases
Total primary government
Component Unit
Salina Airport Authority
Issue
Rates
Outstandinq
$ 375,000 3.40% to 5.00% $ 90,000
275,000 3,85% to 4.75% 65,000
4,440,000 4.10% to 4.35% 3,105,000
555,000 3.90% to 5.10% 445,000
1,385,000 4.45% to 5.60% 1,385,000
5,090,000
850,000 5.00% to 7,25% 380,000
468,543 2.00% 321,588
$ 5,791,588
$
1,103,890
688,515
138,403
364,101
13,243
2,308,152
$
$
249,959
27
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
F. Long-Term Debt (Continued)
Annual debt service requirements to maturity for general obligation bonds to be paid with tax levies:
General Obligation - Primary Government
Bonds Interest
Outstandinq Due Total
$ 3,173,189 $ 1,179,489 $ 4,352,678
2,973,189 973,989 3,947,178
2,738,189 832,327 3,570,516
2,653,189 708,520 3,361,709
2,443,189 587,101 3,030,290
10,173,187 1,895,953 12,069,140
$ 24,154,132 $ 6,177,379 $ 30,331,511
General Obligation - Component Units
Bonds Interest
Outstandinq Due Total
$ 565,000 $ 218,352 $ 783,352
670,000 207,152 877,152
595,000 178,100 773,100
605,000 152,056 757,056
600,000 125,226 725,226
2,055,000 272,853 2,327,853
$ 5,090,000 $ 1,153,739 $ 6,243,739
Year
2002
2003
2004
2005
2006
Thereafter
Total
Year
2002
2003
2004
2005
2006
Thereafter
Total
28
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
F. Long-Term Debt (Continued)
Annual debt service requirements to maturity for revenue bonds to be paid with utility reVE!nUes:
Revenue Bonds - Primary Government
Bonds Interest
Year Outstandinq Due Total
2002 $ 885,000 $ 652,340 $ 1,537,340
2003 935,000 613,050 1,548,050
2004 975,000 570,526 1,545,526
2005 1,025,000 524,799 1,549,799
2006 1,080,000 475,270 1,555,270
Thereafter 8,085,000 1,597,747 9,682,747
Total $ 12,985,000 $ 4,433,732 $ 17,418,732
Annual debt service requirements to maturity for revenue bonds to be paid with service revenues:
Revenue Bonds - Component Units
Bonds Interest
Year Outstandinq Due Total
2002 $ 65,000 $ 26,995 $ 91,995
2003 70,000 22,510 92,510
2004 75,000 17,610 92,610
2005 80,000 12,285 92,285
2006 90,000 6,525 96,525
Total $ 380,000 $ 85,925 $ 465,925
Annual debt service requirements to maturity for temporary notes - to be paid through the issuance of general
obligation bonds:
Year
2001
Temporary Notes - Primary Government
Notes Interest
Outstandinq Due Total
$ 935,000 $ 29,297 $ 964,297
29
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
F. Long-Term Debt (Continued)
The City has engaged in loans in which they have yet to receive all of the proceeds. The following displays
annual debt service requirements to maturity for loans payable to be paid from service revenues, for the full
proceeds amount:
Loans - Primary Government
Loans Interest
Year Outstandinq Due Total
2002 $ 124,414 $ 133,654 $ 258,068
2003 211,427 223,200 434,627
2004 303,766 307,870 611,636
2005 316,661 296,049 612,710
2006 330,105 283,725 613,830
Thereafter 7,136,634 2,390,036 9,526,670
Total $ 8,423,007 $ 3,634,534 $ 12,057,541
Loans - Component Unit
Loans Interest
Year Outstandinq Due Total
2002 $ 50,967 $ 6,178 $ 57,145
2003 51,991 5,154 57,145
2004 53,036 4,109 57,145
2005 54,109 3,043 57,152
2006 55,185 1,955 57,140
Thereafter 56,300 1,686 57,986
Total $ 321,588 $ 22,125 $ 343,713
The City has entered into a lease agreement as lessee for financing the acquisition of an IBM AS/400
computer system with the lease expiring in 2002. This lease agreement qualifies as a capital lease for
accounting purposes (title transfer at the end of the lease term) and, therefore, has been recorded at the
present value of the future minimum lease payments as of the date of inception.
The City also entered into a lease agreement as lessee for financing the acquisition of golf course equipment
with the lease expiring in 2002. This lease agreement qualifies as a capital lease for accounting purposes (title
transfer at the end of the lease term) and, therefore, has been recorded at the present value of the future
minimum lease payments as of the date of inception.
30
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
F. General Long-Term Debt (Continued)
The following is an analysis of equipment leased under capital leases as of December 31, 2001:
Machinery and equipment
$356,5,87
Minimum future lease payments under capital leases as of December 31,2001 are:
Present value of future minimum lease payments
Internal
Enterprise Service
Year Funds Fund~~
2002 $ 35,155 $ 103, i'30
35,155 103,i'30
1,801 4,H87
$ 33,354 $ 98,i'43
$ 35,156 $ 103, i'29
Total minimum lease payments
Less amount representing interest
Payments made during 2001
Defeased bonds. In prior years, the City had defeased certain outstanding debt obligations by placing the
proceeds of new bonds in an irrevocable trust to provide for all future debt service payments on the old bonds.
Accordingly, the trust accounts and the defeased bonds are not included in the City's financial statements. At
December 31, 2001, the following outstanding bonds are considered defeased:
1994 - B Revenue Issue defeased in 1998
$965,000
Special assessments. As provided by Kansas statutes, projects financed in part by special assessments are
financed through general obligation bonds of the City and are retired from the debt service fund. Special
assessments paid prior to the issuance of bonds are recorded as revenue in the appropriate project. Special
assessments received after the issuance of bonds are recorded as revenue in the debt service fund. The
special assessments are not recorded as revenue when levied against the respective property owners as
such amounts are not available to finance current year operations, The special assessment debt is a
contingent of the City to the extent of property owner defaults, which have historically been immaterial.
Conduit debt. The City has entered into several conduit debt arrangements wherein the City issues industrial
revenue bonds to finance a portion of the construction of facilities by private enterprises. In return, the private
enterprises have executed mortgage notes or leases with the City. The City is not responsible for payment of
the original bonds, but rather the debt is secured only by the cash payments agreed to be paid by the private
enterprises under the terms of the mortgage or lease agreements. Generally, the conduit debt is arranged so
that payments required by the private enterprises are equal to the mortgage payments schedule related to the
original debt. At December 31, 2001, total outstanding conduit debt was $105,594,182.
31
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31,2001
G. Reconciliation of Transfers
Note 3. DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS (Continued)
Transfers are made between funds as the need arises. A reconciliation between funds follows:
General Fund
Special Revenue Funds
Debt Service Fund
Capital Projects Fund
Enterprise Funds
Internal Service Funds
Agency Funds
Total Transfers
Transfer In
$ 90,067
491,634
36,384
68,673
2,087,849
62,500
Transfer Out
$ 262,500
428,401
2,107,907
Residual equity transfers were made at year end to close projects in the following funds.
General Fund
Special Revenue Funds
Debt Service Fund
Capital Project Fund
H. Contributed Capital
38,299
The changes in the City's contributed capital accounts for its enterprise and internal service funds were as
follows:
Internal Service Funds
Central Garage
I nformation Services
Enterprise Funds
Sanitation
Solid Waste
Municipal Golf Course
Water & Sewer
$
2,837,107 $
2,837,107
Transfer In
$ 32,924
30,384
209,387
158,457
Transfer Out
$
153,919
277,233
$
431,152 $
431,152
Balance
January 1 ,
Contributing Source
General Other Capital
Fixed Enterprise Projects
Assets Funds Funds
$
16,611 $
626,858
- $
- $
- $
45,253
113,372
227,732
8,424,147
$ 9,453,973 $
1,830
- $
- $ 1,830 $
32
Balance
December ~
16,1311
626,:358
45,:253
113,:372
229,:562
8,424,147
9,455,1303
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 4. OTHER INFORMATION
A. Defined Benefit Pension Plan
Plan Description. The City participates in the Kansas Public Employees Retirement System (KPERS), and
the Kansas Police and Firemen's Retirement System (KP&F). Both are cost-sharing multiple-employer
defined benefit pension plans as provided by K.S.A. 74-4901 et seq.. KPERS and KP&¡= provides retirement
benefits, life insurance, disability income benefits and death benefits. Kansas law establishes and amends
benefit provisions. KPERS and KP&F issue a publicly available financial report that includes financial
statements and required supplementary information. Those reports may be obtained by writing to KPERS
(611 South Kansas Avenue, Topeka, Kansas 66603-3925).
Funding Policy. KS.A. 74-4919 establishes the KPERS member-employee contribution rate at 4% of covered
salary. KS.A. 74-4975 establishes the KP&F member-employee contribution rate at 7% of covered salary.
The employer collects and remits member-employee contributions according to the provisions of section 414
(h) of the Internal Revenue Code. State law provides that the employer contribution rates be determined
annually based on the results of an annual actuarial valuation. KPERS and KP&F are funded on an actuarial
reserve basis. State law sets a limitation on annual increases in the employer contribution rates. The KPERS
employer rate established for calendar 2001 is 2.77%. The City employer contributions to KPERS for the
years ending December 31, 2001, 2000 and 1999 were $259,645, $229,663, $234,495, respectively, equal to
the required contributions for each year. The KP&F employer rate established for 2001 is 11 %. Employers
participating in KP&F also make contributions to amortize the liability for past service costs, if any, which are
determined separately for each participating employer. The City's contributions to KP&F for the years ended
December 31, 2001, 2000, and 1999 were $719,030, $710,481 and $700,643, respÐctively, equal to the
required contributions for each year.
B. Deferred Compensation Plan
The City offers its employees a deferred compensation plan ("Plan") created in accordance with Internal
Revenue Code Section 457. The Plan, available to all City employees, permits them to defer a portion of their
salary until future years. The deferred compensation is not available to employees until termination,
retirement, death, or unforeseeable emergency. Plan assets are transferred to a plan agent in a custodial
trust and are not available to the claims of the City's general creditors.
C. Vacation and Sick Pay
The City's policies regarding vacation and sick pay permit employees to accumulate a maximum of eighty to
one hundred sixty hours of vacation time depending on years of service. Unused vacation time may be
carried over to subsequent years. Current year accumulated vacation pay is payable upon employment
termination. Sick leave may be accumulated without limitation. At December 31, 2001 accrued compensated
absences totaled $2,556,149.
D. Flexible Benefit Plan (I.R.C, Section 125)
The City Commission has adopted by resolution a salary reduction flexible benefit plan ("Plan") under Section
125 of the Internal Revenue Code. All City employees working more than 20 hours per week are eligible to
participate in the Plan beginning after two full months of employment. Each participant may elect to reduce
his of her salary to purchase benefits offered through the Plan. Benefits offered through the Plan include
various insurance and disability benefits.
33
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31,2001
Note 4. OTHER INFORMATION (Continued)
E. Risk Management
The City is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets;
errors and omissions; natural disasters and other events for which the City carries commercial insurance. No
significant reductions in insurance coverage from that of the prior year have occurred. Settlements have not
exceeded insurance coverage for each of the past three years.
The City has established a limited risk management program for workers' compensation. The program
covers all City employees. Premiums are paid into the Workers' Compensation Reserve Fund by all other
funds and are available to pay claims, claim reserves and administrative costs of the program. An excess
coverage insurance policy covers individual claims in excess of $250,000 ($350,000 for claims involving
employees classified as policemen or firemen). Incurred claims, including incurred but not reported claims,
have been accrued based primarily upon subsequent payments. Claim liabilities are calculated considering
the effects of inflation, recent claim settlement trends including frequency and amounts of payouts and other
economic and social factors. The liability for claims and judgments if reported in the Workers' Compensation
Reserve Fund because it is expected to be liquidated with expendable available financial resources.
Changes in the balances of claims liabilities during the past two years are as follows:
2001 2000
Unpaid claims, January 1 $ 274,750 $ 309,136
Incurred claims (including
IBNRs) 81,564 149,014
Claim payments (184,254) (183,400)
Unpaid claims, December 31 $ 172,060 $ 274,750
The City established a limited risk management program for employee health and dental insurance in 1997.
The program covers eligible City employees. Premiums are paid into the health insurance fund by all other
funds and are available to pay claims, claim reserves and administrative costs of the program. An excess
coverage insurance policy covers individual claims in excess of $50,000, Incurred claims, including incurred
but not reported claims, have been accrued based primarily upon subsequent payments. Claim liabilities are
calculated considering the effects of inflation, recent claim settlement trends including frequency and
amounts of payouts and other economic and social factors. The liability for claims and judgments in the
Health Insurance Fund because it is expected to be liquidated with expendable available financial resources.
Changes in the balances of claims liabilities during the past two years are as follows:
2001 2000
Unpaid claims, January 1 $ 365,542 $ 288,540
Incurred claims (including
IBNRs) 2,162,591 2,867,694
Claim payments (2,256,687) (2,790,692)
Unpaid claims, December 31 $ 271,446 $ 365,542
34
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 4. OTHER INFORMATION (Continued)
F. Capital Projects
Capital projects often extend over two or more fiscal years. The following is a schedule which compares the
project authorization including allowable interest revenue to total project expenditures from project inception
to December 31,2001.
Project Name
Animal Shelter
Centennial Road Reconstruction
Subdivision 1998 II
South Ohio Corridor
Subdivision 1999 River & Golden Eagle
Subdivision 1999 Frank
South Ninth Utility Improvement
MarcellaMrginia Signals
Subdivision 1999 Eastview Georgetown
Par 3 Golf Course
135/Magnolia Tract Improvement
2000 Subdivision Phase 1
2000 Subdivision Phase 2
2000 Subdivision Phase 3
2000 Subdivision Phase 4
G. Subsequent Events
Project
Authorization
$ 900,000
2,739,497
878,843
8,217,465
1 ,252,785
286,321
1,495,345
138,886
1,557,923
782,200
71,507
525,996
820,517
93,414
3,179,993
Total Project
Expenditures
$ 900,000
2,739,497
811,856
7,701,016
1,098,352
199,022
990,213
89,560
1,265,481
562,278
71,507
408,395
710,519
60,528
1,849,485
On January 15, 2002, the City issued $2,045,000 in general obligation water and sewage system refunding
bonds. The interest rates on the bonds range from 3.00% to 4.50% percent.
H. Contingent Liabilities
The City receives significant financial assistance from numerous federal and state govemmental agencies in
the form of grants and state pass-through aid. The disbursement of funds received under these programs
generally requires compliance with terms and conditions specified in the grant agreemE~nts and is subject to
audit. Any disallowed claims resulting from such audits could become a liability of the General Fund or other
applicable funds. However, in the opinion of management, any such disallowed claims would not have a
material effect on any of the financial statements of the City at December 31, 2001.
The City is a defendant in various lawsuits. Although the outcome of these lawsuits is not presently
determinable, it is the opinion of the City's legal counsel that resolution of these matters will not have a
material adverse effect on the financial condition of the City.
35
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31, 2001
Note 4. OTHER INFORMATION (Continued)
I. Municipal Solid Waste Landfill
State and federal laws and regulations require the City to place a final cover on its landfill site when it stops
accepting waste, and to perform certain maintenance and monitoring functions at the sitE~ for thirty years after
closure. Although closure and postclosure care costs will be paid only near or after the date that the landfill
stops accepting waste, the City reports a portion of these closure and postclosure care costs as an operating
expense of the solid waste fund in each period based on landfill capacity used as of each balance sheet date.
The $1,067,866 reported as landfill closure and postclosure care liability at December 31 represents the
cumulative amount reported to date based on the use of 21.9% of the estimated capacity of the landfill. The
City's solid waste fund will recognize the remaining estimate cost of closure and postclosure care of
$3,789,204 as the remaining estimated capacity is filled over the remaining life expectancy of 99 years.
These amounts are based on what it would cost to perform all closure and postclosure care in 2001. Actual
cost may be higher due to inflation, changes, in technology or changes in regulations. The City is required by
State and Federal laws and regulations to provide assurances of financial responsibility for closure and post-
closure care. The City has elected to utilize the Local Government Financial test promulgated by the U.S.
Environmental Protection Agency (at 40 CFR 258.74(f)) and the Kansas Department of Health and
Environment to provide these assurances. Any future closure or post-closure care costs will be provided
through the normal budgeting and rate setting process, including the issuance of general obligation bonds, if
necessary.
J. Segment Information - Enterprise Funds
The City maintains four enterprise funds which are intended to be self-supporting throu~lh user fees charged
for services to the public. Financial segment information as of and for the year ended December 31, 2001 is
presented below.
Solid Golf Water
Waste Course and
Sanitation Disposal Division Sewer Total
Operating revenues $ 1,615,914 $ 2,094,700 $ 997,544 $ 11,886,131 $ 16,594,289
Depreciation expense 65,181 751,238 48,495 2,483,825 3,348,739
Operating income [loss] 33,745 [76,427] 255,851 940,939 1,154,108
Net income [loss] [40,786] [46,898] 254,952 388,726 555,994
Property, plant and
equipment additions 101,120 261,745 190,718 4,258,811 4,812,394
Net working capital 486,943 1,605,565 66,651 6,571,434 8,730,593
Total assets 981,691 7,072,837 1,330,789 64,482,713 73,868,030
Bonds and temporary
notes payable 618,205 103,014 23,776,299 24,497,518
Total equity 861,670 5,200,811 1,138,669 39,688,910 46,890,060
36
CITY OF SALINA, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
December 31,2001
Note 4. OTHER INFORMATION (Continued)
K. Environmental Matters
The Kansas Department of Health and Environment (KDHE) issued a report in 1994 indicating the presence
of volatile organic compounds at levels requiring remediation at the Salina Public Water Supply Wells Site
(the Site). The City adopted a proactive Policy and Action Plan to remediate the groundwater contamination,
and on December 7, 1994, the City and KDHE entered into a Consent Order and Settlement Agreement
under which the City assumed primary responsibility for the further investigation and remediation of the
groundwater contamination. Field testing work has been completed. The necessary remediation work will be
conducted over the next several years at a yet undetermined cost to the City's Water and Sewer Fund.
The Salina Airport Authority has been involved in discussions with the Corps of Engineers, Environmental
Protection Agency, and the Kansas Department of Health and Environment relative to the former Schilling air
Force Base (the Base) in Salina, Kansas. The Base was operational from 1942 to 1965 when it was
decommissioned and became the current Salina Municipal Airport and Salina Airport Industrial Center.
During its period of operation, the Base was used for large aircraft including B-17s, B-29s, B-47s and the
refueling KC-97s and KC-135s. The Army Corps of Engineers did a removal of 107 former underground
storage tanks at the former Base in 1995. In addition to efforts by the Corps of Engineers, the Environmental
Protection Agency has conducted an Expanded Site Investigation (ESI) to determine all sources of potential
contamination at the Site. Once the additional information gathering effort has been conducted and all
parties know the nature and extent of contamination, it is anticipated that there will be a discussion with
respect to cleanup options and allocation of responsibility. At this time, the Authority does not know
specifically whether the City of Salina or the Authority will have cleanup obligations.
L. New Governmental Accounting Standards
The Governmental Accounting Standards Board (GASB) has issued the following statements:
Statement No. 34 - "Basic Financial Statements - And Management's Discussion and Analysis - For State
and Local Governments" which establishes a new financial reporting model for state and local governments.
Statement No. 37 - "Basic Financial Statements - And Management's Discussion and Analysis - For State
and Local Governments: Omnibus" which changes the reporting of escheat property to coincide with
Statement No. 34, clarifies provisions of Statement No. 34 which are not sufficiently clear, and modifies
provisions of Statement No. 34 which have unintended consequences.
Statement No. 38 - "Certain Financial Statement Note Disclosures" which modifies, establishes, and rescinds
certain financial statement disclosure requirements.
Statements 34, 37, 38 will become effective for period beginning January 1, 2003. Management has not yet
completed their assessments, however, they will have a material effect on the overall financial statement
presentation for the City.
37
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COMBINING, INDIVIDUAL FUND AND ACCOUNT GROUP STATEMENTS AND SCHEDULES
CITY OF SALINA, KANSAS
GENERAL FUND
The general fund is used to account for resources traditionally associated with government which are not required
legally or by sound financial management to be accounted for in another fund.
38
Schedule 1
ASSETS
Cash and investments
Receivables
Accounts, net
Taxes
Interest
Inventory
Due from other funds
Total assets
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
Retainage payable
Deferred revenue
Total liabilities
Fund balances
Reserved for encumbrances
Unreserved
Undesignated
Total fund balances
Total liabilities and fund balances
CITY OF SALINA, KANSAS
GENERAL FUND
COMPARATIVE BALANCE SHEETS
December 31, 2001 and 2000
2001 2000
$ 6,145,560 $ 5,687,671
769,441 313,689
2,300, 'I 04 3,556,165
87,E¡16 114,258
70,:\90 127,971
793,~;97 89,185
$ 10,166,i'08 $ 9,888,939
$ 390,E¡33 $ 237,034
4,846
2,300,1104 2,709,089
2,695,~;83 2,946,123
732,216 298,196
6,738,H09 6,644,620
7,471,125 6,942,816
$ 10,166)08 $ 9,888,939
See independent auditor's report on the general purpose financial statements.
39
Schedule 2
CITY OF SALINA, KANSAS
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal years ended December 31,2001 and 2000
Residual equity transfer in
2001 2000
$ 16,664,880 $ 16,646,752
1,517,465 1,729,834
1,482,613 1,434,753
3,543,Ei47 2,766,747
23,208,Ei05 22,578,086
2,033,818 2,307,961
9,290,773 9,099,485
3,767,Ei21 2,855,821
1,821,817 1,795,887
705,421 605,227
3,407,067 3,160,906
1,554,Si69 3,461,195
22,581,386 23,286,482
627,119 [708,396]
90,067 17,000
[262,500] [371,996]
40,699 64,395
[131,ï~ [290,601]
495,385 [998,997]
6,942,8,16 7,890,813
32,9124 51,000
$ 7,471,125 $ 6,942,816
Revenues
Taxes
Intergovernmental
Fees and charges
Miscellaneous
Total revenues
Expenditures
General government
Public safety
Public works
Culture and recreation
Public health and sanitation
Community development
Capital outlay
Total expenditures
Excess [deficiency] of revenues over [under] expenditures
Other financing sources [uses]
Operating transfers in
Operating transfers [out]
Sale of assets
Total other financing sources [uses]
Excess [deficiency] of revenues and other sources
over [under] expenditures and other [uses]
Fund balances, January 1
Fund balances, December 31
See independent auditor's report on the general purpose financial statements.
40
Schedule 3
1 of 3
CITY OF SALINA, KANSAS
GENERAL FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 :2000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual ß.udqet rNeqativel
Revenues
Taxes
Real estate taxes $2,714,696 $2,709,089 $ 5,607 $2,140,764 $2,'108,980 $ 31,784
Delinquent taxes 48,186 30,000 18,186 35,183 34,000 1,183
Motor vehicle taxes 306,344 320,840 [14,496] 339,070 360,520 [21,450]
General sales tax 12,010,742 12,050,000 [39,258] 11,872,846 11,ß32,453 240,393
Other taxes 2,431,988 2,312,500 119,488 2,098,939 2,013,000 85,939
Total taxes 17,511,956 17,422,429 89,527 16,486,802 16,'148,953 337,849
Intergovernmental
City - County Revenue Sharing 324,027 399,354 [75,327] 322,698 :338,000 [15,302]
LAVTR 420,448 443,972 [23,524] 494,684 479,000 15,684
Liquor tax 129,058 111,000 18,058 117,189 '108,000 9,189
EMS - County 673,680 679,186 [5,506] 709,186 ~709, 186
Other intergovernmental 34,341 80,000 [45,659] 86,077 46,460 39,617
Total intergovernmental 1,581,554 1,713,512 [131,958] 1,729,834 1,ß80,646 49,188
Fees and Charges
Charges for services 278,177 239,000 39,177 220,248 217,000 3,248
Public safety fees 751,635 745,000 6,635 771,339 /13,000 58,339
Recreational fees 436,553 435,000 1,553 405,408 434,000 [28,592]
Merchandise sales 6,719 9,000 [2,281] 8,757 9,000 [243]
Rents and royalties 9,604 8,000 1,604 8,514 8,000 514
Total fees and charges 1,482,688 1,436,000 46,688 1,414,266 1,381,000 33,266
Other Revenues
Licenses and permits 402,558 376,275 26,283 414,375 :337,575 76,800
Fines 1,066,118 1,000,000 66,118 1,004,182 1,000,000 4,182
Interest 585,717 475,000 110,717 426,146 475,000 [48,854]
Reimbursements 209,209 152,000 57,209 65,075 '120,000 [54,925]
Miscellaneous 32,580 24,000 8,580 7,688 30,000 [22,312]
Internal charges 661,022 610,022 51,000 735,889 __]35,270 619
Total other revenues 2,957,204 2,637,297 319,907 2,653,355 ~397,845 [44,490]
Total revenues 23,533,402 23,209,238 324,164 22,284,257 21,908,444 375,813
Expenditures
General Government
City commission 98,784 107,450 8,666 95,621 '107,450 11,829
City manager 379,910 386,152 6,242 349,163 :355,872 6,709
Legal 133,069 136,900 3,831 177,770 '106,900 [70,870]
Finance 352,701 383,932 31,231 316,779 333,480 16,701
Human resources 224,133 212,212 [11,921] 197,324 202,549 5,225
Other general government 551,302 527,414 [23,888] 797,261 1,018,615 221,354
Contingencies 127,311 170,000 42,689 150,310 -,-,:170,000 19,690
Total general governement 1,867,210 1,924,060 56,850 2,084,228 ~~94,866 210,638
See independent auditor's report on the general purpose financial statements.
41
Schedule 3
2 of 3
CITY OF SALINA, KANSAS
GENERAL FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31,2001 and 2000
2001 :2000
Variance Variance
Positive Positive
Actual Budqet rNeqativel Actual ßudqet rNeqativel
Expenditures - continued
Public Safety
Police $4,228,462 $4,263,243 $ 34,781 $4,050,959 $4,017,813 $ [33,146]
Municipal court 709,042 776,299 67,257 710,385 727,299 16,914
Fire 3,915,172 3,919,927 4,755 3,816,112 3,B43,545 127,433
Building services 358,589 362,075 3,486 291,362 :326,180 34,818
Total public safety 9,211,265 9,321,544 110,279 8,868,818 9,014,837 146,019
Public Works
Buildings and general improvements 593,116 641,560 48,444 624,661 ~591 ,689 [32,972]
Engineering 430,163 412,360 [17,803] 365,239 :346,115 [19,124]
Streets 1,125,074 1,125,680 606 997,686 1,046,066 48,380
Flood works 117,869 138,733 20,864 130,905 '126,924 [3,981]
Traffic control 519,781 525,010 5,229 499,630 ~526,965 27,335
Parks 888,107 912,833 24,726 842,719 1376,264 33,545
ADA compliance 26,732 40,000 13,268 8,006 40,000 31,994
Total public works 3,700,842 3,796,176 95,334 3,468,846 3,~554,023 85,177
Public Health and Sanitation
Cemetery 105,845 103,188 [2,657] 99,773 '100,898 1,125
Health department 598,646 598,646 504,657 !>04,657
Total public health and sanitation 704,491 701,834 [2,657] 604,430 ß05,555 1,125
Culture and Recreation
Swimming pools 79,920 72,300 [7,620] 83,010 80,250 [2,760]
Neighborhood centers 53,196 58,701 5,505 55,348 55,364 16
Recreation 1,105,044 1,087,614 [17,430] 1,102,161 1,'103,991 1,830
Arts and humanitites 309,865 295,439 [14,426] 286,946 280,847 [6,099]
Smoky Hill museum 257,216 274,516 17,300 253,781 275,781 22,000
Total culture and recreation 1,805,241 1,788,570 [16,671] 1,781,246 ~796,233 14,987
Community Development
Human relations 147,116 160,066 12,950 146,469 156,646 10,177
Planning 194,210 191,844 [2,366] 173,393 205,960 32,567
Neighborhood services 260,817 259,690 [1,127] 241,571 246,538 4,967
Agency contracts 2,974,482 2,990,259 15,777 2,155,165 2,~\00,000 144,835
Total community development 3,576,625 3,601,859 25,234 2,716,598 2,909,144 192,546
Capital Outlay
Capital outlay 2,046,859 2,097,347 50,488 3,125,058 3,~\47, 107 222,049
Cash Reserve 5,021,168 5,021,168 4,430,978 4,430,978
Total expenditures 22,912,533 28,252,558 5,340,025 22,649,224 27,952,743 5,303,519
Excess [deficiency] of revenues
over [under] expenditures 620,869 [5,043,320] 5,664,189 [364,967] J§J)44 ,299] 5,679,332
See independent auditor's report on the general purpose financial statements,
42
Schedule 3
3 of 3
CITY OF SALINA, KANSAS
GENERAL FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31,2001 and 2000
2001 :2000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual ~udqet [Neqativel
$ 90,067 $ 17,000 $ 73,067 $ 19,821 $ 17,000 $ 2,821
[262,500] [262,500] [496,996] [496,996]
40,699 54,000 [13,301] 64,395 40,000 24,395
[131,734] [191,500] 59,766 [412,780] 57,000 [469,780]
Other financing sources [uses]
Operating transfer in
Operating transfer [out]
Sale of assets
Total other financing sources [uses]
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses]
Prior year cancelled encumbrances
Residual equity transfer in
Residual equity transfer [out]
489,135 [5,234,820] 5,723,955
5,241,626 5,234,820 6,806
52,623 52,623
32,924 32,924
[777,747] [5,1387,299] 5,209,552
5,957,902 6,'100,224 [142,322]
10,471 10,471
51,000 51,000
- ---.1112,925] 112,925
Unreserved fund balance, January 1
Unreserved fund balance, December 31
5,816,308 $
- $5,816,308
5,241,626 $ - $5,241,626
Reconciliation to GAAP
Interest receivable
Taxes receivable
Accounts receivable
Inventory
Retainage
Encumbrances
87,616
114,258
847,076
313,689
127,971
769,441
70,390
[4,846]
732,216
298,196
GAAP Fund Balance, December 31
$7,471,125
$6,942,816
See independent auditor's report on the general purpose financial statements.
43
CITY OF SALINA, KANSAS
SPECIAL REVENUE FUNDS
Special revenue funds are used to account for specific revenues that are legally restricted to expenditure for
particular purposes.
Employee benefit fund - To account for the costs of various benefits provided to governmental employees.
Flood and drainage improvement fund - To account for property tax revenues to be used for capital improvements to
the Flood Control and Stormwater Drainage systems.
Business improvement district fund - State law allows businesses within an area to voluntarily establish an
improvement district. This fund is used to account for the assessments made on the district. All revenues are to be
used within the Business Improvement District.
Tourism and convention fund - To account for transient guest tax revenues, which are specifically restricted to
promotion and tourism activities.
Neighborhood park fund - To account for fees collected from new residential building projects in Salina.
Expenditures are for acquisition or development of neighborhood parks in the growing areas of the community.
Special parks and recreation fund - To account for liquor tax revenues which must be used for park maintenance
and improvements.
Special alcohol fund - To account for liquor tax revenues which must be used for programs which address
prevention, education or intervention for drug and alcohol abuse.
Special gas fund - To account for the City's share of motor fuel tax revenues which are legally restricted to the
maintenance or improvement of streets within the City.
Bicentennial Center fund - To account for the activities of the City's convention center.
Bicentennial Center Event fund - To account for the revenues and expenses associated with special events
(concerts, shows, etc.) at the City's convention center.
HUD community development fund - To account for grants received from the state to be used for housing or
economic development purposes.
Community development revolving fund - To account for funds which may be loaned for housing and economic
development purposes, to later be repaid and reused on a revolving basis.
Heritage commission fund - To account for revenues and expenses associated with heritage preservation activities.
Fair housing fund - To account for grants received from the federal government to be used to monitor and mediate
fair housing complaints.
CDBG ED fund- To account for grants received from the federal government to be used for economic development
loans to qualifying businesses.
HOME IV fund - To account for grants received from the state government to be used for housing rehabilitation.
Special law enforcement fund - To account for revenues received from the sale of forfeited assets acquired during
drug enforcement activities. Expenses are limited to capital items to be used for further drug enforcement activities.
44
CITY OF SALINA, KANSAS
SPECIAL REVENUE FUNDS - CONTINUED
Police grants fund - To account for revenues from grants which are to be used for special police activities, including
the DARE. program
DARE. donations fund - To account for donations to the DARE. program.
Large system interface fund - To account for grants received for the acquisition of computers and software used in
law enforcement activities.
45
Schedule 4
1 of 2
CITY OF SALINA
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
December 31, 2001
(With comparative totals for December 31, 2000)
Flood & Business Tourism
Employee Drainage Improvement and
Benefit Improvement District Convention
ASSETS
Cash and investments $ 756,762 $ 281,707 $ 3,960 $ 4,915
Receivables
Accounts, net 24,272
Taxes 2,987,762 299,196 196,633
Interest 48 59
Notes
Due from other funds 1,625
Total assets $ 3,746,149 $ 580,903 $ 28,280 $ 201,607
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ 73 $ - $ 3,917 $
Retainage payable 5,943
Due to other funds
Deferred revenue 2,987,762 299,196
Total liabilities 2,987,835 305,139 3,917
Fund balances:
Reserved for encumbrances 157,140
Reserved for notes receivable
Unreserved
Undesignated 758,314 118,624 24,363 201,607
Total fund balances 758,314 275,764 24,363 201,607
Total liabilities and fund balances $ 3,746,149 $ 580,903 $ 28,280 $ 201,607
Schedule 4
1 of 2
Special Bicentennial HUD
Neighborhood Parks and Special Special Bicentennial Center Community
Park Recreation Alcohol Gas Center Event Development
$ 95,410 $ 141,314 $ 2,134 $ 945,572 $ 405,981 $ 84,078 $ 49,624
11,663
369,906
1,154 1,709 26 11,438 4,911 601
10,739
$ 96,564 $ 143,023 $ 2,160 $ 1,326,916 $ 422,555 $ 84,078 $ 60,964
$
- $
- $
- $
10,581 $
44,532 $
- $
10,581 44,532
328,099 42,510
10,739
96,564 143,023 2,160 988,236 335,513 84,078 50,225
96,564 143,023 2,160 1,316,335 378,023 84,078 60,964
$ 96,564 $ 143,023 $ 2,160 $ 1,326,916 $ 422,555 $ 84,078 $ 60,964
See independent auditor's report on the general purpose financial statements.
46
Schedule 4
2 of 2
CITY OF SALINA
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
December 31, 2001
(With comparative totals for December 31, 2000)
Community
Development Heritage Fair CDBG
Revolving Commission Housing ED
ASSETS
Cash and investments $ 135,450 $ 1,434 $ 105,045 $ 29,213
Receivables
Accounts
Taxes
Interest 5,886 17 1,271
Notes 10,739
Due from other funds
Total assets $ 152,075 $ 1,451 $ 106,316 $ 29,213
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable $ - $ - $ - $
Retainage payable
Due to other funds
Deferred revenue
Total liabilities
Fund balances:
Reserved for encumbrances
Reserved for notes receivable 10,739
Unreserved
Undesignated 141,336 1,451 106,316 29,213
Total fund balances 152,075 1,451 106,316 29,213
Total liabilities and fund balances $ 152,075 $ 1,451 $ 106,316 $ 29,213
Schedule 4
2 of2
HOME
IV
Special
Law
Enforcement
Total
Police
Grants
DARE Large System
Donations Interface
2001
2000
$ - $ 18,977 $ 30,534 $ 26,805 $ - $ 3,118,915 $ 3,646,603
35,93,5 35,844
3,853,4917 3,161,635
229 369 324 28,042
21,478 8,583
1,625
$ - $ 19,206 $ 30,903 $ 27,129 $ - $ 7,059,492 $ 6,852,665
$ - $ 4,000 $ - $ - $ - $ 63,103 $ 65,866
5,943 842
57,792 1,625 59,417 89,185
3,286,958 2,630,846
57,792 4,000 1,625 3,415,421 2,786,739
527,749 462,214
21,478 8,583
[57,792] 15,206 30,903 27,129 [1,625] 3,094,844 3,595,129
[57,792] 15,206 30,903 27,129 [1,625] 3,644,071 4,065,926
$ - $ 19,206 $ 30,903 $ 27,129 $ - $ 7,059,492 $ 6,852,665
See independent auditor's report on the general purpose financial statements.
47
Schedule 5
1 of 2
CITY OF SALINA
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE -
For the Year Ended December 31,2001
(With comparative totals for the year ended December 31,2000)
[48,615] [17,(~ [291,634]
[48,615] [17,(~ [291,634]
[489,670] 32,747 2,657 32, 141
1,247,984 243,017 21,706 169,466
Employee
Benefit
Flood &
Drainage
Improvement
REVENUES:
Taxes
Intergovernmental
Fees and charges
Other local sources
$ 2,820,234 $
320,988 $
Total revenues
2,820,234
320,988
EXPENDITURES:
Current
General government
Public safety
Public works
Culture and recreation
Public health and sanitation
Community development
Health Insurance
Capital outlay
Debt service
Principal
Interest and other charges
183,266
2,035,598
601,968 39,619
354,021
28,635
106,416
101,349
90,000
8,658
3,309,904 239,626
[489,670] 81,362
Total expenditures
Excess [deficiency] of revenues
over [under] expenditures
OTHER FINANCING SOURCES [USES]:
Operating transfers in
Operating transfers out
Total other financing sources [uses]
Net change in fund balances
Fund balance - January 1
Residual equity transfers in [out]
Fund balance - December 31
$
758,314 $
275,764 $
Business
Improvement
District
Tourism
and
Convention
- $ 760,695
81,933
255 530
82,188 761,225
62,~¡31
437,450
62,~i31
437,450
19,657
323,775
24,3.63 $
201,607
Schedule 5
1 of 2
Special Bicentennial HUD
Neighborhood Parks and Special Special Bicentennial Center Community
Park Recreation Alcohol Gas Center Event Development
$ - $ - $ - $ - $ - $ - $
129,057 129,058 1,518,967
18,102 524,761
5,132 6,646 411 86,420 276,483 833,52~~ 33,957
23,234 135,703 129,469 1,605,387 801,244 833,52~~ 33,957
456,265
1,329,280 835,23:3
151,142
98,793 1,218,630 75,290
98,793 151,142 1,674,895 1,404,570 835,23:3
23,234 36,910 [21,673] [69,508] [603,326] [1,70i~ 33,957
491,634
491,634
23,234 36,910 [21,673] [69,508] [111,692] [1,7013] 33,957
73,330 106,113 23,833 1,355,459 489,715 85,78ß 27,007
30,384
$ 96,564 $ 143,023 $ 2,160 $ 1,316,335 $ 378,023 $ 84,0713 $ 60,964
See independent auditor's report on the general purpose financial statements.
48
Schedule 5
2 of 2
CITY OF SALINA
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE -
For the Year Ended December 31, 2001
(With comparative totals for the year ended December 31, 2000)
Community
Development Heritage Fair CDBG
Revolving Commission Housing ED
REVENUES:
Taxes $ - $ - $ - $
Intergovernmental 84,029 379,057
Fees and charges
Other local sources 43,298 88 8,097 32,007
Total revenues 43,298 88 92,126 411,064
EXPENDITURES:
Current
General government 315
Public safety
Public works
Culture and recreation
Public health and sanitation
Community development 65,3,86
Capital outlay 395,257
Debt service
Principal
Interest and other charges
Total expenditures 315 65,386 395,257
Excess [deficiency] of revenues
over [under] expenditures 43,298 [227] 26,740 15,807
OTHER FINANCING SOURCES [USES]:
Operating transfers in
Operating transfers out
Total other financing sources [uses]
Net change in fund balances 43,298 [227] 26,740 15,807
Fund balance - January 1 108,777 1,678 79,576 13,406
Residual equity transfers in [out]
Fund balance - December 31 $ 152,075 $ 1,451 $ 106,316 $ 29,213
Schedule 5
2 of 2
Special
HOME Law Police
IV Enforcement Grants
$ - $ - $ - $
88,959 69,890
16,326 1,082 725
105,285 1,082 70,615
Total
DARE
Donations
Large System
Interface
2001
2000
- $ - $ 3,901,917 $ 4,211,285
2,399,017 2,384,870
624,7S16 670,144
1,465 1,346,447 1,626,038
1,465 8,272,1 ï7 8,892,337
7,815 1,625 193,021 162,720
2,035,5SI8 2,042,669
1,097,8Ei2 949,860
2,518,52;4 2,899,371
179,777 137,664
73,892 745,67'5 991,809
4,000 25,215 1,918,52;4 1,408,949
90,000
8,6Ei8
73,892 4,000 25,215 7,815 1,625 8,787,649 8,593,042
31,393 [2,918] 45,400 [6,350] [1,625] [515,4"i~ 299,295
491,62.4 663,223
[71 ,152] [428,4C~ [308,227]
[71 ,152] 63,233 354,996
31,393 [2,918] [25,752] [6,350] [1,625] [452,2219] 654,291
[89,185] 18,124 56,655 33,479 4,065,926 3,462,635
30,384 [51,000]
$ [57,792] $ 15,206 $ 30,903 $ 27,129 $ [1,625] $ 3,644,071 $ 4,065,926
See independent auditor's report on the general purpose financial statements.
49
Schedule 6
1 of 10
CITY OF SALINA, KANSAS
EMPLOYEE BENEFIT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31,2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual Budqet fNeqativel
Revenues
Taxes
Real estate taxes $2,360,936 $2,351,999 $ 8,937 $2,699,424 $2,Ei94,088 $ 5,336
Delinquent taxes 63,528 55,000 8,528 46,492 55,000 [8,508]
Motor vehicle taxes 395,770 409,852 [14,082] 457,499 ~.81 ,452 [23,953]
Total taxes 2,820,234 2,816,851 3,383 3,203,415 3,2:30,540 [27,125]
Other Revenues
Reimbursements 2,000 [2,000] 2,525 2,000 525
Miscellaneous 27 27
--
Total revenues 2,820,234 2,818,851 1,383 3,205,967 3,2:32,540 [26,573]
Expenditures
General Government
City commission 1,408 1,420 12 1,401 1 ,420 19
City manager 70,274 70,071 [203] 63,707 59,206 [4,501]
Finance 71,177 71,788 611 68,227 69,521 1,294
Human resources 34,407 33,881 [526] 25,398 - 22,638 [2,760]
Total general government 177 ,266 177,160 [106] 158,733 ---.152,785 [5,948]
Public Safety
Police 926,534 904,207 [22,327] 915,473 ~"06,618 [8,855]
Municipal court 85,278 79,287 [5,991] 80,645 86,715 6,070
Fire 942,588 968,540 25,952 947,437 S130,311 [17,126]
Building services 81,198 77,799 [3,399] 62,512 - 57,455 [5,057]
Total public safety 2,035,598 2,029,833 [5,765] 2,006,067 1 ,B81 ,099 [24,968]
Public Works
Buildings and general improvements 55,759 55,878 119 52,293 53,517 1,224
Engineering 91,697 83,239 [8,458] 72,350 68,129 [4,221]
Streets 230,328 230,402 74 209,339 2.16,917 7,578
Flood works 28,615 28,494 [121] 27,400 28,540 1,140
Traffic control 31,329 31,627 298 28,330 31,268 2,938
Parks 164,240 156,475 [7,765] 145,959 ---.147,479 1,520
Total public works 601,968 586,115 [15,853] 535,671 ~45,850 10,179
See independent auditor's report on the general purpose financial statements.
50
Schedule 6
1 of 10
CITY OF SALINA, KANSAS
EMPLOYEE BENEFIT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31,2001 and 2000
Actual
Expenditures - continued
Public Health and Sanitation
Cemetery
$
28,635 $
Culture and Recreation
Swimming pools
Neighborhood centers
Recreation
Bi-Centennial Center
Arts and humanities
Smoky Hill museum
Total culture and recreation
4,131
2,670
117,188
133,252
53,140
43,640
354,021
Community Development
Human relations
Planning
Neighborhood services
Total community development
32,724
44,199
29,493
106,416
Other
Health insurance
6,000
Cash Reserve
Total expenditures
3,309,904
Excess [deficiency] of revenues
over [under] expenditures
[489,670]
Fund balance, January 1
1,247,984
Fund balance, December 31
$ 758,314 $
2001
Budqet
28,667 $
4,608
2,678
127,821
138,732
50,492
46,731
371,062
33,546
54,413
31,629
119,588
10,000
744,410
4,066,835
[1,247,984]
1,247,984
Variance
Positive
fNeqativel
477
8
10,633
5,480
[2,648]
3,091
17,041
822
10,214
2,136
13,172
4,000
744,410
756,931
758,314
- $758,314
32
Actual
2.000
Budqet
Variance
Positive
fNeqativel
$
27,445 L27,827 $
382
4,379
2,666
115,675
129,663
45,812
37,273
335,468
5,200
2,523
118,791
136,534
45,050
- 42,502
~;50,600
35,790 35,915
42,626 49,858
23,758 - 12,468
102,174 _98,241
3,518
80,400
~06,833
3,169,076 4,443,635
36,891
1,211,093 ~11,095
[1 ,~~11 ,095]
821
[143]
3,116
6,871
[762]
5,229
15, 132
125
7,232
[11,290]
[3,933]
76,882
1,206,833
1,274,559
1,247,986
[2]
$1,247,984 $ - $1,247,984
See independent auditor's report on the general purpose financial statements.
51
Schedule 6
2 of 10
CITY OF SALINA, KANSAS
FLOOD & DRAINAGE IMPROVEMENT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual .!;;òudqet fNeqativel
Revenues
Taxes
Real estate taxes $ 277,729 $ 276,839 $ 890 $ 257,063 $ 256,630 $ 433
Delinquent taxes 5,702 3,000 2,702 3,864 3,864
Motor vehicle taxes 37,549 39,040 [1,491] 38,684 40,820 [2,136]
Total revenues 320,980 318,879 2,101 299,611 297,450 2,161
Expenditures
Capital Outlay
Capital outlay 284,675 240,000 [44,675] 252,955 350,000 97,045
Debt service
Principal 90,000 90,000 93,333 93,333
Interest and other charges 8,658 8,658 12,600 12,600
Total debt service 98,658 98,658 105,933 105,933
Cash Reserve 215,747 215,747 125,185 125,185
Total expenditures 383,333 554,405 171,072 358,888 581,118 222,230
Excess [deficiency] of revenues
over [under] expenditures [62,353] [235,526] 173,173 [59,277] ~!83,668] 224,391
Other financing sources [uses]
Operating transfer [out] [48,615] [48,615]
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses] [110,968] [235,526] 124,558 [59,277] [283,668] 224,391
Unreserved fund balance, January 1 235,526 235,526 283,668 283,668
Prior year cancelled encumbrances 9 9 11 ,135 11 ,135
Unreserved fund balance, December 31 124,567 $ - $ 124,567 235,526 $ 235,526
Reconciliation to GAAP
Retainage Payable [5,943]
Current Year Encumbrances 157,140 7,491
GAAP Fund Balance, December 31 $ 275,764 $ 243,017
See independent auditor's report on the general purpose financial statements.
52
Schedule 6
3 of 10
CITY OF SALINA, KANSAS
BUSINESS IMPROVEMENT DISTRICT SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet rNeqativel Actual f:udqet rNeqativel
Revenues
Fees and charges
Charges for services $ 70,990 $ 82,000 $ [11,010] $ 71,099 $ 82,000 $ [10,901]
Other Revenues
Interest 207 207 214 214
Total revenues 71,197 82,000 [10,803] 71,313 82,000 [10,687]
Expenditures
Community Development
Business Improvement District 54,167 65,013 10,846 54,846 82,000 27,154
Cash Reserve 547 547
Total expenditures 54,167 65,013 10,846 54,846 82,547 27,701
Excess [deficiency] of revenues
over [under] expenditures 17,030 16,987 43 16,467 [547] 17,014
Other financing sources [uses]
Operating transfer [out] [17,000] [17,000] [17,000] [17,000]
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses] 30 [13] 43 [533] [547] 14
Unreserved fund balance, January 1 13 13 546 547 [1]
Unreserved fund balance, December 31 43 $ - $ 43 13 $ - $ 13
Reconciliation to GAAP
Interest receivable 48
Receivable reconciliation 24,272 21,693
GAAP Fund Balance, December 31 $ 24,363 $ 21,706
See independent auditor's report on the general purpose financial statements.
53
Schedule 6
4 of 10
CITY OF SALINA, KANSAS
TOURISM AND CONVENTION SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet rNeqativel Actual f:udqet rNeqativel
Revenues
Taxes
Other taxes
$ 729,084 $ 775,000 $ [45,916]
$ 728,068 $ 850,000 $ [121,932]
Other Revenues
Interest
470
470
4,431
4,431
Total revenues
729,554
775,000
[45,446]
732,499
850,000
[117,501]
Expenditures
Community Development
Tourism
437,449 469,444 31,995 436,842 850,000 413,158
437,449 469,444 31,995 436,842 850,000 413,158
292,105 305,556 [13,451] 295,657 295,657
[291,634] [310,000] 18,366 [291,227] [291,227]
Total expenditures
Excess [deficiency] of revenues
over [under] expenditures
Other financing sources [uses]
Operating transfer [out]
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses]
Unreserved fund balance, January 1
471 [4,444] 4,915
4,444 4,444
4,915 $ - $ 4,915
4,430 4,430
14 14
4,444 $ - $ 4,444
Unreserved fund balance, December 31
Reconciliation to GAAP
Interest receivable
Receivable reconciliation
59
196,633
165,022
GAAP Fund Balance, December 31
$ 201,607
$169,466
See independent auditor's report on the general purpose financial statements
54
Schedule 6
5 of 1 0
CITY OF SALINA, KANSAS
NEIGHBORHOOD PARK SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual !;Iudqet fNeqativel
Revenues
Other Revenues
Licenses and permits $ 18,102 $ 20,000 $ [1,898] $ 17,854 $ 20,000 $ [2,146]
Interest 3,978 2,000 1,978 3,767 3,000 767
Total revenues 22,080 22,000 80 21,621 23,000 [1,379]
Expenditures
Cash Reserve 95,330 95,330 74,709 74,709
Total expenditures 95,330 95,330 74,709 74,709
Excess [deficiency] of revenues
over [under] expenditures 22,080 [73,330] 95,410 21,621 [51,709] 73,330
Unreserved fund balance, January 1 73,330 73,330 51,709 51,709
Unreserved fund balance, December 31 95,410 $ - $ 95,410 73,330 $ - $ 73,330
Reconciliation to GAAP
Interest receivable 1,154
GAAP Fund Balance, December 31 $ 96,564 $ 73,330
See independent auditor's report on the general purpose financial statements,
55
Schedule 6
6 of 10
CITY OF SALINA, KANSAS
SPECIAL PARKS AND RECREATION SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet rNeqativel Actual .Budqet rNeqativel
Revenues
Intergovernmental
Liquor Tax
$129,058 $111,000 $ 18,058
$117,189 $105,000 $ 12,189
Other Revenues
Interest
Miscellaneous
Total other revenues
4,936 5,000 [64] 5,265 6,500 [1,235]
12,000 [12,000] 12,000 [12,000]
4,936 17,000 [12,064] 5,265 18,500 [13,235]
133,994 128,000 5,994 122,454 123,500 [1,046]
Total revenues
Expenditures
Capital Outlay
Capital outlay
Cash Reserve
100,000 1,207
134,112 134,112
234,112 135,319
115,338
100,000 [15,338]
122,383 122,383
222,383 107,045
98,793
Total expenditures
98,793
115,338
Excess [deficiency] of revenues
over [under] expenditures
Prior year cancelled encumbrances
7,116 [98,883] 105,999
98,882 98,883 [1]
115 115
106,113 $ - $ 106,113
35,201
[106,112]
141,313
Unreserved fund balance, January 1
106,113
106,112
Unreserved fund balance, December 31
141,314 $
- $141,314
Reconciliation to GAAP
Interest receivable
1,709
GAAP Fund Balance, December 31
$143,023
$ 106,113
See independent auditor's report on the general purpose financial statements.
56
Schedule 6
7 of 10
CITY OF SALINA, KANSAS
SPECIAL ALCOHOL SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual .!;;:udqet fNeqativel
Revenues
Intergovernmental
Liquor tax
$129,059 $111,000 $ 18,059
$117,189 $ 1105,000 $ 12,189
Other Revenues
Interest
384
500
[116]
1 ,436
500
936
Total revenues
129,443
111 ,500
17,943
118,625
1105,500
13,125
Expenditures
Public Health and Sanitation
Special alcohol
122,207 [28,935]
13,126 13,126
135,333 [15,809]
110,219
1110,220
151,142
Cash Reserve
10,707
10,707
Total expenditures
151,142
110,219
1120,927
10,708
Excess [deficiency] of revenues
over [under] expenditures
[21,699] [23,833] 2,134 8,406 [15,427] 23,833
23,833 23,833 15,427 15,427
2,134 $ - $ 2,134 23,833 $ - $ 23,833
26
$ 2,160 $ 23,833
Unreserved fund balance, January 1
Unreserved fund balance, December 31
Reconciliation to GAAP
Taxes receivable
GAAP Fund Balance, December 31
See independent auditor's report on the general purpose financial statements.
57
Schedule 6
8 of 10
CITY OF SALINA, KANSAS
SPECIAL GAS TAX SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31,2001 and 2000
2001 2:000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual .6.udqet fNeqativel
Revenues
Intergovernmental
Other Intergovernmental
$1,516,836 $1,525,000 $ [8,164] $1,567,327 $1,ß17,880 $ [50,553]
Other Revenues
Interest
Miscellaneous
Total other revenues
49,083 75,000 [25,917] 55,480 34,500 20,980
25,900 25,900
74,983 75,000 [17] 55,480 34,500 20,980
1,591,819 1,600,000 [8,181] 1,622,807 1,ß52,380 [29,573]
Total revenues
Expenditures
Bi-centennial Center
430,521
322,145
[108,376]
276,946
!518,430
241 ,484
Capital Outlay
Capital outlay
Cash Reserve
1,203,994 1,500,000 296,006
328,383 328,383
1,634,515 2,150,528 516,013
1,343,808
1 ,:~84,000 40,192
n8,705 278,705
2,'181,135 560,381
Total expenditures
1,620,754
Excess [deficiency] of revenues
over [under] expenditures
Prior year cancelled encumbrances
Residual equity transfers in [out]
[42,696] [550,528] 507,832 2,053 [!528,755] 530,808
550,528 550,528 528,755 !¡28,755
68,676 68,676 19,720 19,720
30,384 30,384
Unreserved fund balance, January 1
Unreserved fund balance, December 31
606,892 $
- $606,892
550,528 $
- $ 550,528
Reconciliation to GAAP
Interest receivable
Taxes receivable
Retainage payable
Current year encumbrances
11 ,438
369,906
367,775
[842]
437,998
328,099
GAAP Fund Balance, December 31
$1,316,335
$1,355,459
See independent auditor's report on the general purpose financial statements.
58
Schedule 6
9 of 10
CITY OF SALINA, KANSAS
BICENTENNIAL CENTER SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 :2000
Variance Variance
Positive Positive
Actual Budqet [Neqativel Actual j2udqet [Neqativel
Revenues
Fees and Charges
Merchandise sales $ 524,741 $ 585,000 $ [60,259] $ 596,752 $ t¡83,000 $ 13,752
Rents and royalties 253,220 225,000 28,220 239,526 225,000 14,526
Total fees and charges 777,961 810,000 [32,039] 836,278 808,000 28,278
Other Revenues
Interest 18,352 16,000 2,352 33,519 32,000 1,519
Miscellaneous 569 569
Internal charges 200,000 [200,000] 225,000 [225,000]
Total other revenues 18,352 216,000 [197,648] 34,088 257,000 [222,912]
Total revenues 796,313 1,026,000 [229,687] 870,366 1,065,000 [194,634]
Expenditures
Culture and Recreation
Bi-Centennial Center 1,304,628 1,295,285 [9,343] 1,268,591 1:161,490 [107,101]
Capital Outlay
Capital outlay 142,452 188,100 45,648 132,159 210,300 78,141
Cash Reserve 312,545 312,545 412,939 412,939
Total expenditures 1,447,080 1,795,930 348,850 1,400,750 1,1'84,729 383,979
Excess [deficiency] of revenues
over [under] expenditures [650,767] [769,930] 119,163 [530,384] _F19,729] 189,345
Other financing sources [uses]
Operating transfer in 491,634 310,000 181,634 516,227 ~IOO,OOO 216,227
Operating transfer [out] --
Total other financing sources [uses] 491,634 310,000 181,634 516,227 -}OO,OOO 216,227
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses] [159,133] [459,930] 300,797 [14,157] [419,729] 405,572
Unreserved fund balance, January 1 478,072 412,939 65,133 492,032 492,033 [1]
Residual Equity Transfer In 197 197
--
Unreserved fund balance, December 31 318,939 $ [46,991] $ 365,930 478,072 $ 72,304 $ 405,768
Reconciliation to GAAP
Interest receivable 4,911
Accounts receivable 11,663 11,643
Current year encumbrances 42,510
Fund Balance, December 31 $ 378,023 $ 489,715
See independent auditor's report on the general purpose financial statements.
59
Schedule 6
10 of 10
CITY OF SALINA, KANSAS
FAIR HOUSING SPECIAL REVENUE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet rNeqative 1 Actual ~3udqet rNeqativel
Revenues
Intergovernmental
Grants
$ 84,846 $ 85,000 $
[154] $ 91,860 $'100,000 $
[8,140]
Other Revenues
Interest
Total other revenues
3,378
3,378
6,009
6,009
2,631
2,631
Total revenues
90,855
3,224
87,631
Expenditures
Community Development
Human relations
65,386
81,000 15,614
79,052 79,052
160,052 94,666
Cash Reserve
Total expenditures
65,386
Excess [deficiency] of revenues
over [under] expenditures
25,469
[72,421]
97,890
Unreserved fund balance, January 1
79,576
79,576
Residual equity transfers in [out]
[7,155]
7,155
Unreserved fund balance, December 31
105,045 $
- $105,045
Reconciliation to GAAP
Interest receivable
1,271
GAAP Fund Balance, December 31
$ 106,316
6,404
6,404
3,200
3,200
3,204
3,204
98,264
[4,936]
'103,200
17,910
30,000 12,090
72,421 72,421
'102,421 84,511
17,910
80,354 779 79,575
50,222 79,576 [29,354]
[51,000] [51,000]
79,576 $ 29,355 $ 50,221
$ 79,576
60
See independent auditor's report on the general purpose financial statements
CITY OF SALINA, KANSAS
BOND AND INTEREST DEBT SERVICE FUND
The debt service fund is used to account for the accumulation of resources and payment of general obligation bond
principal and interest from governmental resources and special assessment bond principal and interest from special
assessment levies when the City is obligated in some manner for the payment.
61
Schedule 7
ASSETS
Cash and investments
Receivables
Interest
Taxes
Cash with fiscal agent
Total assets
CITY OF SALINA, KANSAS
BOND AND INTEREST DEBT SERVICE FUND
COMPARATIVE BALANCE SHEETS
December 31, 2001 and 2000
LIABILITIES AND FUND BALANCES
Liabilities
Deferred revenue
Matured principal and interest payable
Total liabilities
Fund balances
Unreserved
Designated for debt service
Total fund balances
Total liabilities and fund balances
2001 2000
$ 945,2'10 $ 942,981
11 ,4:34
1 ,702,8!)4 1,472,322
15,145 25,545
$ 2,674,643 $ 2,440,848
$ 1,702,8!)4 $ 1,472,322
15,145 25,545
1,717,9B9
1,497,867
956,644 942,981
956,644 942,981
$ 2,674,643 $ 2,440,848
See independent auditor's report on the general purpose financial statements.
62
Schedule 8
CITY OF SALINA, KANSAS
BOND AND INTEREST DEBT SERVICE FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal years ended December 31, 2001 and 2000
Revenues
Taxes
Special assessments
Other revenues
2001 2000
$ 1,715,8:33 $ 1,601,728
1,320,324 1,228,683
111,415 229,725
3,147,632 3,060,136
Total revenues
Expenditures
Debt service
Principal
Interest and other charges
2,381,449 2,188,116
844,37'2 765,453
3,225,821 2,953,569
[78,1,~ 106,567
Total expenditures
Excess [deficiency] of revenues over [under] expenditures
Other financing sources [uses]
Operating transfers in
Residual equity transfers in
Residual equity transfers [out]
36,384
36,384
[41,805]
942,981
209,387
[153,9~
$ 956,644 $
56,422
Total other financing sources [uses]
56,422
Excess [deficiency] of revenues and other sources over
[under] expenditures and other [uses]
162,989
Fund balances, January 1
779,992
Fund balances, December 31
942,981
See independent auditor's report on the general purpose financial statements,
63
Schedule 9
CITY OF SALINA, KANSAS
BOND AND INTEREST DEBT SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual §.udqet fNeqativel
Revenues
Taxes
Real estate taxes $ 1,477,859 $ 1,472,322 $ 5,537 $ 1,436,239 $ 1,434,072 $ 2,167
Delinquent taxes 30,403 40,000 [9,597] 20,262 40,000 [19,738]
Motor vehicle taxes 207,571 218,165 [10,594] 145,227 150,607 [5,380]
Total taxes 1,715,833 1,730,487 [14,654] 1,601,728 1,1324,679 [22,951]
Other Revenues
Special assessments 1,320,324 1,255,000 65,324 1,228,683 1,140,000 88,683
Interest 92,810 80,000 12,810 120,546 51,000 69,546
Miscellaneous 102,200 [102,200]
Other financing 7,231 7,231 6,979 6,979
Total other revenues 1,420,365 1,335,000 85,365 1,356,208 1,293,200 63,008
Total revenues 3,136,198 3,065,487 70,711 2,957,936 2,B17,879 40,057
Expenditures
Debt Service
Principal 2,381,449 2,381,631 182 2,088,116 2,'188,298 100,182
Interest and other charges 844,372 842,482 [1,890] 763,253 764,181 928
Cash Reserve 784,355 784,355 745,392 745,392
Total expenditures 3,225,821 4,008,468 782,647 2,851,369 3,1397,871 846,502
Excess [deficiency] of revenues
over [under] expenditures [89,623] [942,981] 853,358 106,567 --.1779,992] 886,559
Other financing sources [uses]
Operating transfer in 36,384 36,384 56,422 56,422
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses] [53,239] [942,981] 889,742 162,989 ["779,992] 942,981
Unreserved fund balance,
January 1 942,981 942,981 779,992 n9,992
Residual equity transfers in 209,387 209,387
Residual equity transfers [out] [153,919] [153,919]
Unreserved fund balance,
December 31 945,210 $ - $945,210 942,981 $ - $ 942,981
Reconciliation to GAAP
Interest Receivable 11 ,434
GAAP Fund Balance, December 31 $ 956644 $ 942981
See independent auditor's report on the general purpose financial statements.
64
CITY OF SALINA, KANSAS
CAPITAL PROJECTS FUND
Capital project funds are used to account for the acquisition and construction of major capital facilities other than
those financed by proprietary funds and trust funds.
65
Schedule 10
ASSETS
Assets
Cash and investments
Interest receivable
Total assets
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
Retainage payable
Temporary notes payable
Due to other funds
Total liabilities
Fund balances
Reserved for encumbrances
Unreserved
Undesignated
Total fund balances
Total liabilities and fund balances
CITY OF SALINA, KANSAS
CAPITAL PROJECTS FUND
COMPARATIVE BALANCE SHEETS
December 31,2001 and 2000
2001 2000
$ - $ 730,112
3,004
$ 3,004 $ 730,112
$ 216 $
43,3~55 311,582
5,300,000
735,805
779,4:36 5,611,582
1,595,590 1,301,124
[2,372,0:~ [6,182,594]
[776,4:g] [4,881,470]
$ 3,004 $ 730,112
See independent auditor's report on the general purpose financial statements.
66
Schedule 11
CITY OF SALINA, KANSAS
CAPITAL PROJECTS FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal years ended December 31,2001 and 2000
Revenues
Special assessments
Other revenues
2001 2000
$ 49,690 $ 11,892
40,308 1,752,090
89,998 1,763,982
Total revenues
Expenditures
Capital outlay
Contractual
Capital outlay
Debt service
I nterest expense
Bond issuance costs
Residual equity transfers in
Residual equity transfers [out]
217,106 464,967
672,064 6,121,152
327,707 180,323
41,732 43,907
1,258,609 6,810,349
[1,168,611] [5,046,367]
5,350,000 3,876,577
68,673
5,418,673 3,876,577
4,250,062 [1,169,790]
[4,881,470] [3,711,680]
[26,248]
[4,907,718] [3,711,680]
158,457
[277 ,233]
$ [776,432] $ [4,881,470]
Total expenditures
Excess [deficiency] of revenues over [under] expenditures
Other financing sources [uses]
Bond proceeds
Operating transfers in
Total other financing sources [uses]
Excess [deficiency] of revenues and other sources
over [under] expenditures and other [uses]
Fund balances, January 1
Prior period adjustment
Fund balances, Restated January 1
Fund balances, December 31
See independent auditor's report on the general purpose financial statements.
67
This page intentionally left blank.
CITY OF SALINA, KANSAS
ENTERPRISE FUNDS
Enterprise funds are used to account for operations that are financed and operated in a manner similar to private
business enterprises, where the intent of the governing body is that the costs of providing goods or services tot he
general public on a continuing basis be financed or recovered primarily through user charges; or where the
governing body has decided that periodic determination of net income is appropriate for accountability purposes.
Sanitation fund - To account for the operations of the City's refuse collection service.
Solid waste fund - To account for the activities of the City's landfill.
Golf course fund - To account for the operations of the municipal golf course.
Water and sewer fund - To account for the activities of the City's water and sewer operations.
68
Schedule 12
CITY OF SALINA
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
December 31,2001
(With comparative totals for December 31,2000)
Solid Waste Golf Course
Sanitation ~~ Division
ASSETS
Cash and investments
Accounts receivable
Interest receivable
Inventory and prepaid supplies
Restricted cash and investments
Fixed assets
Land
Land improvements
Water plant and equipment
Sewerage plant and equipment
Equipment
Vehicles
Buildings
Construction in progress
Accumulated depreciation
Deferred charges
Total assets
$ 500,955 $ 1 ,7B1 ,227 $ 153,560
99,949 226,146
6,060 21,547 1,859
21,864
18,000 1 ~!0,000 15,000
6,227,862 1,080,613
126,833 863,091 775,230
558,699 1,045,695 50,062
3t¡4,581 225,231
[328,805] [3,574,847] [992,630]
- 7,535
$ 981 691 U..Q,Z2..a~ $ 1 330 789
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable
Retainage payable
Accrued compensated absences
Meter deposits payable
Payable from restricted assets
Accrued interest payable
Revenue bonds payable - current
Loans payable - current
General obligation bonds payable - current
Temporary notes payable - current
Capital leases payable - current
Loans payable
General obligation bonds payable
Revenue bonds payable
Capital leases payable
Landfill closure and postclosure
Total liabilities
$
5,613 $
1 ~14,968 $
6,307
114,408
41 ,420
47,499
9,567
1,946
2~17,400
21,526
33,354
380,805
81,488
- ~i7,866
120,021 ~'2,026
192,120
Fund balances
Contributed capital
Retained earnings
Reserved for bond retirement
Reserved for postclosure care costs
Unreserved
Total fund balances
45,253
113,372
229,562
Total liabilities and fund balances
21::3,720
816,417 ---..1.L~.Q 3 , 71 9 909,107
861 ,670 -.Q.,-f..ÇiO.811 1,138.669
$ 981 691 LZ.Q1~ $ 1 330 789
Total
Water and
Sewer 2001 2000
$ 8,856,438 $11,292,180 $12,946,781
632,931 959,026 1,078,360
145,263 174,729
445,630 467,494 511,922
3,151,913 3,151,913 1,001,828
361,050 514,050 514,050
7,308,475 5,112,192
41,922,811 41,922,811 34,719,173
40,374,074 40,374,074 40,464,393
593,795 2,358,949 3,056,837
1,654,456 1,616,148
579,812 579,812
3,004,037 3,004,037 6,647,428
[35,405,856] [40,302,138] [37,222,636]
400,627 408,162 397,820
$64482713 $ 73 868 030 $71424108
$ 103,462 $ 250,350 $ 241,863
182,506 182,506 101,763
321 ,434 524,761 478,089
94,360 94,360 92,006
315,742 327,255 305,635
885,000 885,000 835,000
124,415 124,415 119,329
546,909 805,835 777,681
935,000 935,000 500,000
33,354 31,646
5,394,514 5,394,514 3,420,957
3,790,461 4,252,754 4,769,416
12,100,000 12,100,000 12,985,000
33,354
1,067,866 1,043,744
24,793,803 26,977,970 25,735.483
8,424,147 8,812,334 8,810,504
1,426,441 1,426,441 2,687,034
283,720 143,923
29,838,322 36,367,565 34,047,164
39,688,910 46,890,060 45,688,625
$64482713 $ 73 868 030 $71 424108
See independent auditor's report on the general purpose financial statements.
69
Schedule 12
Schedule 13
CITY OF SALINA, KANSAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the fiscal year ended December 31, 2001
(With comparative totals for the fiscal year ended December 31,2000)
Solid Waste Golf Course
Sanitation Disposal Division
Operating revenues
Charges for services $ 1,615,873 $ 2,073777 $ 804,166
Reimbursements 181,730
Miscellaneous 41 20,923 11,648
Total operating revenues 1,615,914 2,094700 997,544
Operating expenses
Public works 1,516,988 1,419889
Recreation 693,198
Depreciation 65,181 751.238 48,495
Total operating expenses 1,582,169 2,171127 741,693
Operating income [loss] 33,745 [76,427] 255,851
Nonoperating revenues [expenses]
Use of money and property 30,344 114.969 9,070
Operating grants
Bond issuance costs
Debt service [37,450] [9,000]
Gain [loss] on disposition of fixed assets [104,875] [47,990] [969]
Total nonoperating revenues [expenses] [74,531] 29,529 [899]
Income [loss] before operating transfers [40,786] [46,898] 254,952
Operating transfers
Transfers in
Transfers [out]
Total operating transfers
Net income [loss] [40,786] [46.898] 254,952
Retained earnings, January 1 857,203 4,180,187 193,327
Prior period adjustment 954,150 460,828
Retained earnings, restated January 1 857,203 5,134,337 654,155
Retained earnings, December 31 $ 816,417 $ 5,087,439 $ 909,107
Total
Water and
Sewer 2001 2000
$11,601,042 $ 16,094,858 $15,900,681
197,663 379,393 99,298
87,426 120,038 140,914
11,886,131 16,594,289 16,140,893
8,461,367 11,398,244 9,941,748
693,198 746,577
2,483,825 3,348,739 2,789,540
10,945,192 15,440,181 13,477,865
940,939 1,154,108 2,663,028
693,209 847,592 1,500,305
130,000
[119,999]
[1,225,309] [1,271,759] [1,832,294]
[55] [153,889] [11,648]
[532,155] [578,056] [333,636]
408,784 576,052 2,329,392
2,087,849 2,087,849
[2,107,907] [2,107,907]
[20,058] [20,058]
388,726 555,994 2,329,392
31,647,404 36,878,121 34,548,729
[771,367] 643,611
30,876,037 37,521,732 34,548,729
$31,264,763 $38,077,726 $36,878,121
See independent auditor's report on the general purpose financial statements.
70
Schedule 13
Schedule 14
1 of 2
CITY OF SALINA, KANSAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31,2001
(With comparative totals for the fiscal year ended December 31,2000)
Solid Waste Golf Course
Sanitation Disposal Division
Cash flows from operating activities
Cash received from customers and users $ 1,616,874 $ 2,087,101 $ 985,896
Cash paid to employees for services [618,931] [171,915] [336,661]
Cash paid to other suppliers of goods or services [810,802] [1,064,557] [306,398]
Cash paid for quasi-external transactions [73,585] [124,291] [30,207]
Other operating receipts 41 20,923 11,648
Net cash provided by [used in] operating activities 113,597 747,261 324,278
Cash flows from capital and related financing activities
Purchase and construction of fixed assets [101,120] [261,745] [190,718]
Contributed capital 1,830
Proceeds from issuance of debt
Principal payments - temporary notes [500,000]
Principal payments - general obligation bonds [241,829] [21 ,722]
Principal payments - revenue bonds
Principal payments - capital leases [31,646]
Interest paid [58,090] [9,348]
Principal payments - loans payable
Net cash used in capital and related financing activities [101,120] [1,061 ,664] [251,604]
Cash flows from investing activities
Interest received 24,284 93,412 7,212
Cash flows from noncapital financing activities
Operating transfer in
Operating transfer [out]
Operating grant receipts
Net cash provided by [used in] noncapital financing activities
Net increase [decrease] in cash and cash equivalents 36,761 [220,991] 79,886
Cash and cash equivalents, restated January 1 464,194 2,002,218 73,674
Cash and cash equivalents, December 31 $ 500,955 $ 1,781,227 $ 153,560
Cash and investments $ 500,955 $ 1,781,227 $ 153,560
Restricted cash and investments
Total cash and cash equivalents $ 500,955 $ 1,781,227 $ 153,560
Total
Water and
Sewer 2001 2000
$ 11,706,051 $ 16,395,922 $15,786,072
[3,076,533] [4,204,040] [4,732,488]
[4,864,510] [7,046,267] [5,531,361]
[406,245] [634,328] [703,126]
285,089 317,701 240,212
3,643,852 4,828,988 5,059,309
[4,258,811] [4,812,394] [2,933,051]
1,830 73,610
4,142,937 4,142,937 564,305
[900,000] [1,400,000] [500,000]
[555,000] [818,551] [4,812,960]
[835,000] [835,000] [7,731,809]
[31,646]
[1,072,958] [1,140,396] [1,835,781]
[119,328] [119,328] [59,717]
[3,598,160] [5,012,548] [17,235,403]
547,946 672,854 1,500,305
2,087,849 2,087,849
[2,107,907] [2,107,907]
130,000
[20,058] [20,058] 130,000
573,580 469,236 [10,545,789]
11,434,771 13,974,857 24,494,398
$12,008,351 $ 14,444,093 $13,948,609
$ 8,856,438 $11,292,180 $ 12,946,781
3,151,913 3,151,913 1,001,828
$12,008,351 $ 14,444,093 $ 13,948,609
See independent auditor's report on the general purpose financial statements.
71
Schedule 14
1 of 2
Schedule 14
2 of 2
CITY OF SALINA, KANSAS
COMBINING STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES, SIMILAR TRUST FUNDS AND
DISCRETELY PRESENTED COMPONENT UNITS
For the fiscal year ended December 31,2001
(With comparative totals for the fiscal year ended December 31,2000)
Sanitation
Solid Waste Golf Course
Disposal Division
Reconciliation of operating [loss] income to net cash
provided by [used in] operating activities
Operating income [loss]
$
33,745 $
[76,427] $
255,851
Adjustments to reconcile operating income [loss] to
net cash provided by [used in] operating activities
Depreciation expense
[Increase] decrease in accounts receivable
[Increase] decrease in inventory
Increase [decrease] in accounts payable
Increase [decrease] in retainage payable
Increase [decrease] in accrued compensated absences
Increase [decrease] in meter deposits payable
Increase [decrease] in accrued landfill closure
and postclosure care costs
Net cash provided by [used in] operating activities
65,181 751,238 48,495
1,000 13,325
14,572
[596] 28,065 2,622
14,267 6,938 2,738
24,122
$ 113,597 $ 747,261 $ 324,278
Total
Water and
Sewer
2001
2000
$
940,939 $ 1,154,108 $ 2,663,028
2,483,825 3,348,739 2,789,540
105,010 119,335 [115,727]
29,856 44,428 [30,951]
[21,604] 8,487 [162,357]
80,743 80,743 [178,923]
22,729 46,672 57,072
2,354 2,354 1,118
24,122 36,509
$ 3,643,852 $ 4,828,988 $ 5,059,309
See independent auditor's report on the general purpose financial statements.
72
Schedule 14
2 of 2
Schedule 15
1 of 4
CITY OF SALINA, KANSAS
SANITATION ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual BudQet fNeqativel Actual Budqet fNeqativel
Revenues
Fees and Charges
Charges for services
$1,616,874 $1,700,000 $ [83,126] $1,593,049 $1,566,000 $ 27,049
Other Revenues
Interest
Miscellaneous
Total other revenues
24,284 25,000 [716] 26,754 25,000 1,754
41 10,000 [9,959] 340 10,000 [9,660]
24,325 35,000 [10,675] 27,094 35,000 [7,906]
1,641,199 1,735,000 [93,801] 1,620,143 1,601,000 19, 143
Total revenues
Expenditures
Public Health and Sanitation
Sanitation
1,474,993
1,480,122
5,129
1,394,907
1,521,719
126,812
Capital Outlay
Capital outlay
136,300 7,451
513,563 513,563
2,129,985 526,143
140,723
129,300 [11,423]
266,446 266,446
1,917,465 381,835
128,849
Cash Reserve
Total expenditures
1,603,842
1,535,630
Excess [deficiency] of revenues
over [under] expenditures
37,357 [394,985] 432,342 84,513 [316,465] 400,978
449,985 406,859 43,126 365,472 316,465 49,007
8,000 8,000
$ 495,342 $ 11,874 $483,468 $ 449,985 $ - $449,985
Unreserved fund balance, January 1
Prior year encumbrances
Unreserved fund balances, December 31
See independent auditor's report on the general purpose financial statements.
73
Schedule 15
2 of 4
CITY OF SALINA, KANSAS
SOLID WASTE DISPOSAL ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31,2001 and 2000
2001 :2000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual .6udqet [Neqativel
Revenues
Fees and Charges
Charges for services $2,045,460 $2,000,000 $ 45,460 $2,120,959 $2,:250,000 $ [129,041]
Other Revenues
Interest 82,154 70,000 12,154 112,819 70,000 42,819
Miscellaneous 24,356 20,000 4,356 16,223 20,000 [3,777]
Total other revenues 106,510 90,000 16,510 129,042 90,000 39,042
Total revenues 2,151,970 2,090,000 61,970 2,250,001 2,:340,000 [89,999]
Expenditures
Public Health and Sanitation
Solid waste 1,192,682 1,238,710 46,028 1,182,858 1,184,838 1,980
Hazardous waste disposal 74,436 83,356 8,920 59,768 68,938 9,170
Total public health and sanitation 1,267,118 1,322,066 54,948 1,242,626 1,:253,776 11,150
Debt Service
Principal 741,829 741,816 [13] 741,829 741,816 [13]
Interest 58,090 58,088 [2] 87,150 87,148 [2]
Total debt service 799,919 799,904 [15] 828,979 828,964 [15]
Capital Outlay
Capital outlay 269,732 486,000 216,268 119,170 119,000 [170]
Cash Reserve 762,877 762,877 1,186,009 1,186,009
Total expenditures 2,336,769 3,370,847 1,034,078 2,190,775 3,:387,749 1,196,974
Excess [deficiency] of revenues
over [under] expenditures [184,799] [1,280,847] 1,096,048 59,226 [1,047,749] 1,106,975
Other financing sources [uses]
Operating transfers out [54,920] 54,920
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses] [184,799] [1,280,847] 1,096,048 59,226 [1,102,669] 1,161,895
Unreserved fund balances, January 1 1,465,479 1,280,847 184,632 1,424,239 1:102,669 321,570
Prior year encumbrances 27,349 27,349 549 549
Residual equity transfer out [18,535] -- [18,535]
Unreserved fund balances, December 31 $1,308,029 $ - $1,308,029 $1,465,479 $ - $1,465,479
See independent auditor's report on the general purpose financial statements.
74
Schedule 15
3 of 4
CITY OF SALINA, KANSAS
GOLF COURSE ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31,2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budget (Negative) Actual Budget (Negative)
Revenues
Taxes
General Sales Tax $ 25,117 $ 26,000 $ (883) $ 24,590 $ 2~6,000 $ (1,410)
--
Fees and Charges
Recreational Fees 605,346 680,200 (74,854) 720,802 82'4,200 (103,398)
Merchandise Sales 168,793 203,000 (34,207)
Rents and Royalties 4,910 5,000 (90) --
Total Fees and Charges 779,049 888,200 (109,151) 720,802 8L~4,200 (103,398)
--
Other Revenues
Interest 7,201 8,000 (799) 7,108 8,000 (892)
Reimbursements 200 (200) 200 (200)
Miscellaneous 11,648 3,000 8,648 2,001 12,000 (9,999)
--
Total Other Revenues 18,849 11,200 7,649 9,109 20,200 (11,091)
--
Total Revenues 823,015 925,400 (102,385) 754,501 8i'0,400 (115,899)
--
Expenditures
Culture and Recreation
Golf Course 676,691 825,732 149,041 709,592 125,037 15,445
Debt Service
Principal 21,722 21,703 (19) 21,722 21,553 (169)
Interest 5,838 5,833 (5) 6,865 6,801 (64)
--
Total Debt Service 27,560 27,536 (24) 28,587 28,354 (233)
--
Capital Outlay
Capital Outlay 52,755 67,289 14,534 76,212 87,000 10,788
Cash Reserve 81,686 81,686 100,000 100,000
--
Total Expenditures 757,006 1,002,243 245,237 814,391 940,391 126,000
--
Excess (deficiency) of Revenues over
(under) expenditures 66,009 (76,843) 142,852 (59,890) ~¡g,991) 10,101
Unreserved Fund Balances January 1 43,317 76,843 (33,526) 103,207 106,676 (3,469)
Unreserved Fund Balances, December 31 $ 109,326 $ $ 109,326 $ 43,317 $ :~6,685 $ 6,632
--
--
See independent auditor's report on the general purpose financial statements
75
Schedule 15
4 of 4
CITY OF SALINA, KANSAS
WATER AND SEWER ENTERPRISE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal years ended December 31,2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet rNeqativel Actual §.udqet rNeqativel
Revenues
Fees and Charges
Charges for services $11,614,323 $ 11,030,000 $ 584,323 $ 11,326,671 $11,030,000 $ 296,671
Other Revenues
Interest 309,676 275,000 34,676 386,059 275,000 111,059
Reimbursements 107,213 107,213 43 43
Miscellaneous 198,471 218,000 [19,529] 16,997 218,000 [201,003]
Total other revenues 615,360 493,000 122,360 403,099 493,000 [89,901]
Total revenues 12,229,683 11,523,000 706,683 11,729,770 11,523,000 206,770
Expenditures
Water and Wastewater
Water 5,741,060 5,842,180 101,120 5,529,173 5,198,804 [330,369]
Sewer 2,396,923 2,127,454 [269,469] 2,181,722 2,127,454 [54,268]
Total water and wastewater 8,137,983 7,969,634 [168,349] 7,710,895 7,326,258 [384,637]
Debt Service
Interest and other 920 1,000 80 1,000 1,000
Capital Outlay
Capital outlay 1,591,315 1,705,300 113,985 1,443,320 1,705,300 261,980
Cash Reserve 3,804,990 3,804,990 3,915,292 3,915,292
Total expenditures 9,730,218 13,480,924 3,750,706 9,154,215 12,947,850 3,793,635
Excess [deficiency] of revenues
over [under] expenditures 2,499,465 [1,957,924] 4,457,389 2,575,555 ---1.1424,850] 4,000,405
Other financing sources [uses]
Operating transfers [out] [2,107,907] [2,175,980] 68,073 [2,677,389] [2,709,054] 31,665
Sale of assets 117 117
Total other financing sources [uses] [2,107,790] [2,175,980] 68,190 [2,677,389] ---1.?, 709,054] 31,665
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses] 391,675 [4,133,904] 4,525,579 [101,834] [4,133,904] 4,032,070
Unreserved fund balances, January 1 5,230,194 4,133,904 1,096,290 5,300,880 4,133,904 1,166,976
Prior year cancelled encumberances 117,614 117,614 31,148 31,148
Unreserved fund balances, December 31 $ 5,739,483 $ - $ 5,739,483 $ 5,230,194 $ - $ 5,230, 194
See independent auditor's report on the general purpose financial statements.
76
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CITY OF SALINA, KANSAS
INTERNAL SERVICE FUNDS
Internal service funds are used to account for the financing of goods or services provided by one agency to other
departments or agencies of the government and to other governmental units on a cost reimbursl3ment basis.
Risk management fund - To account for the accumulation and allocation of costs associated with risk management
activities and the purchase of various forms of insurance.
Workers' compensation reserve fund - To account for the costs of providing a partially self-insured workers'
compensation plan and for accumulating the necessary reserve amounts.
Health insurance fund - To account for the costs of providing a partially self-insured health insurance and for
accumulating the necessary reserve amounts.
Central garage fund - To account for the accumulation and allocation for costs associated with the City's centralized
vehicle repair shop.
Information services fund - To account for the accumulation and allocation of costs associated with electronic data
processing.
77
Schedule 16
CITY OF SALINA, KANSAS
INTERNAL SERVICE FUNDS
COMBINING BALANCE SHEET
December 31, 2001
(With comparative totals for December 31,2000)
Cash and investments
Interest receivable
Inventory
Fixed assets
Equipment
Vehicles
Buildings
Accumulated depreciation
Workers'
Risk Compensation Health
Management Reserve Insurance
$ 193,721 $ 1,005,207 $ 1,202,879
2,343 12, 160 14,551
ASSETS
Total assets
$
196,064 $ 1,017367 $ 1,217,430
LIABILITIES AND EQUITY
Liabilities
Accounts payable
Accrued compensated absences
Accrued claims payable
Capital leases payable - current
Capital leases payable
$
3,890 $
3.808 $
25,366
172.060
271,446
Total liabilities
3,890
175.868
296,812
Equity
Contributed capital
Retained earnings
Unreserved
192,174 841 ,499 920,618
192,174 841 ,499 920,618
$ 196,064 $ 1,017367 $ 1,217,430
Total equity
Total liabilities and equity
Total
Central Information
Garage Services 2001 2000
$ 189,493 $ 396,883 $ 2,988,183 $ 2,645,376
2,292 4,801 36,147
40,339 40,339 47,463
127,032 1,350,601 1,477,633 1,773,756
13,911 13,911 13,911
22,072 22,072 22,072
[123,842] [1,077,123] [1,200,965] [1,130,226]
$ 271,297 $ 675,162 $ 3,377,320 $ 3,372,352
$ 35,093 $ 1,962 $ 70,119 $ 77,210
17,722 26,080 43,802 42,915
443,506 640,292
98,743 98,743 98,848
93,891
52,815 126,785 656,170 953,156
16,611 626,858 643,469 643,469
201,871 [78,481] 2,077,681 1,775,727
218,482 548,377 2,721,150 2,419,196
$ 271,297 $ 675,162 $ 3,377,320 $ 3,372,352
See independent auditor's report on the general purpose financial statements.
78
Schedule 16
Schedule 17
CITY OF SALINA, KANSAS
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN RETAINED EARNINGS
For the fiscal year ended December 31,2001
(With comparative totals for the fiscal year ended December 31,2000)
Operating income [loss]
Workel's'
Risk Compensation Health
Management Reserve Insurance
$ 201,691 $ - $ 3,569,635
64,808 14,569
7,721
266,499 3,591,925
291,375 100,530 3,273,884
291,375 100,530 3,273,884
[24,876] [100,530] 318,041
11 ,593 65,017 63,638
Operating revenues
Charges for services
Reimbursements
Miscellaneous
Total operating revenues
Operating expenses
General government
Depreciation
Total operating expenses
Nonoperating revenues [expenses]
Use of money and property
Interest on lease obligations
Gain [loss] on disposition of fixed assets
Total nonoperating revenues [expenses]
11,593
65,017
63,638
Other financing sources [uses]
Operating transfer in
Net income [loss]
[13,283]
[35,513]
381,679
Retained earnings, January 1
205,457
877,012
538,939
Prior period adjustment
Retained earnings, Restated January 1
205,457
877,012
538,939
Retained earnings, December 31
$
192,174 $
841,499 $
920,618
Total
Central Information
Garage Services 2001 2000
$ 864,254 $ 1,000,842 $ 5,636,422 $ 5,311,777
4,729 87,481 171,587 98,090
10 7,731 149
868,993 1,088,323 5,815,740 5,410,016
867,529 806,714 5,340,032 5,197,569
7,847 87,374 95,221 108,960
875,376 894,088 5,435,253 5,306,529
[6,383] 194,235 380,487 103,487
6,510 13,529 160,287 141,735
[9,733] [9,733] [4,882]
[2,222]
6,510 3,796 150,554 134,631
62,500 62,500
62,627 198,031 593,541 238,118
139,244 15,075 1,775,727 1,537,609
[291,587] [291,587]
139,244 [276,512] 1,484,140 1,537,609
$ 201,871 $ [78,481] $ 2,077,681 $ 1,775,727
See independent auditor's report on the general purpose financial statements.
79
Schedule 17
Schedule 18
1 of 2
CITY OF SALINA, KANSAS
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31, 2001
(With comparative totals for the fiscal year ended December 31, 2000)
Workers'
Risk Compensation Health
Management Reserve Insurance
Cash flows from operating activities
Cash received from customers and users $ 64,808 $ - $ 3,591,925
Cash received from quasi-external transactions 201,691
Cash paid to employees for services
Cash paid to other suppliers of goods or services [288,400] [1991,412] [3,368,927]
Cash paid for quasi-external transactions
Other operating receipts
Net cash provided by [used in] operating activities [21,901] [1991,412] 222,998
Cash flows from capital and related financing activities
Purchase of fixed assets
Contributed capital
Principal payments on lease obligations
Interest on lease obligations
Net cash [used in] capital and related financing activities
Cash flows from investing activities
I nterest received 9,250 52,857 49,087
Cash flows from noncapital financing activities
Operating transfers in
Net increase [decrease] in cash and cash equivalents [12,651] [146,555] 272,085
Cash and cash equivalents, January 1 206,372 1 ,151 ,762 930,794
Cash and cash equivalents, December 31 $ 193,721 $ 1,005,207 $ 1,202,879
Total
Central Information
Garage Services 2001 2000
$ 868,983 $ 1,088,323 $ 5,614,039 $ 5,409,867
201,691
[201,074] [388,753] [589,827] [588,890]
[673,077] [378,337] [4,908,153] [4,574,959]
[37,919] [37,919] [32,000]
10 10 149
[5,158] 283,314 279,841 214,167
[3,370] [16,576] [19,946] [172,509]
21 ,926
[93,996] [93,996]
[9,733] [9,733] [4,882]
[3,370] [120,305] [123,675] [155,465]
4,218 8,729 124,141 141,735
62,500 62,500
58,190 171,738 342,807 200,437
131,303 225,145 2,645,376 2,444,939
$ 189,493 $ 396,883 $ 2,988,183 $ 2,645,376
See independent auditor's report on the general purpose financial statements.
80
Schedule 18
1 of 2
Schedule 18
2 of 2
CITY OF SALINA, KANSAS
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal year ended December 31,2001
(With comparative totals for the fiscal year ended December 31,2000)
Workel"s'
Risk Compensation
Management Reserve
Health
Insurance
Reconciliation of operating [loss] income to net cash
provided by [used in] operating activities
Operating income [loss]
$
[24,876] $
[100,530] $
318,041
Adjustments to reconcile operating income [loss] to
net cash provided by [used in] operating activities
Depreciation expense
[Increase] decrease in inventory
Increase [decrease] in accounts payable
Increase [decrease] in accrued compensated absences
Increase [decrease] in claims payable
Net cash provided by [used in] operating activities
2,975 3,808 [947]
[102,690] [94,096]
$ [21,901] $ [199,412] $ 222,998
Total
Central
Garage
Information
Services
2001
2000
$
[6,383] $
194,235 $
380,487 $
103,487
7,847 87,374 95,221 108,960
7,124 7,124 [7,524]
[13,959] 1,031 [7,092] [26,290]
213 674 887 [7,082]
[196,786] 42,616
$ [5,158] $ 283,314 $ 279,841 $ 214,167
See independent auditor's report on the general purpose financial statements.
81
Schedule 18
2 of 2
Schedule 19
1 of 5
CITY OF SALINA, KANSAS
RISK MANAGEMENT INTERNAL SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE-ACTUAL AND BUDGET
For the fiscal year ended December 31,2001 and 2000
2001 :2000
Variance Variance
Positive Positive
Actual BudQet rNeqativel Actual !;!udQet rNeqativel
Revenues
Other Revenues
Interest $ 9,250 $ 10,000 $ [750] $ 12,766 $ 13,000 $ [234]
Reimbursements 64,808 30,000 34,808 52,518 30,000 22,518
Internal charges 201,691 205,115 [3,424] 184,466 -.l°0,532 [16,066]
Total revenues 275,749 245,115 30,634 249,750 -.143,532 6,218
Expenditures
Other
Risk management 289,928 291,101 1,173 219,267 291,100 71,833
Capital Outlay
Capital outlay 1,447 1,500 53 25,880 5,800 [20,080]
Cash Reserve 157,970 157,970 -147,486 147,486
Total expenditures 291,375 450,571 159,196 245,147 444,386 199,239
Excess [deficiency] of revenues
over [under] expenditures [15,626] [205,456] 189,830 4,603 EOO,854] 205,457
Fund balance, January 1 205,457 205,456 200,854 -.l°0,854
Unreserved fund balance, December 31 $189,831 $ - $189,831 $ 205,457 $ - $ 205,457
--
--
See independent auditor's report on the general purpose financial statements.
82
Schedule 19
2 of 5
CITY OF SALINA, KANSAS
WORKERS' COMPENSATION RESERVE INTERNAL SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet rNeqativel Actual Budqet rNeqativel
$ 52,857 $ 50,000 $ 2,857 $ 72,331 L74,000 $ [1,669]
52,857 50,000 2,857 72,331 _74,000 [1,669]
Revenues
Other Revenues
Interest
Total revenues
Expenditures
Other
Worker's compensation
203,220
511,000
307,780
Cash Reserve
561,776 561,776
203,220 1,072,776 869,556
[150,363] [1,022,776] 872,413
1,022,776 1,022,776
180,565 483,000 302,435
2,835 2,500 [335]
----1.22,346 722,346
183,400 ~O7,846 1,024,446
[111,069] ill 33,846] 1,022,777
1,133,845 ~33,846 [1]
Capital Outlay
Capital outlay
Total expenditures
Excess [deficiency] of revenues
over [under] expenditures
Unreserved fund balance, January 1
Unreserved fund balance, December 31
$ 872,413 $
- $872,413
$1,022,776 $ - $1,022,776
See independent auditor's report on the general purpose financial statements.
83
Schedule 19
3 of 5
CITY OF SALINA, KANSAS
CENTRAL GARAGE INTERNAL SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31, 2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet rNeqativel Actual j3udqet rNeqativel
Revenues
Other Revenues
Interest $ 4,218 $ 2,500 $ 1,718 $ 2,241 $ - $ 2,241
Reimbursements 4,729 2,998 1,731 9,725 2,998 6,727
Miscellaneous 10 10
Internal charges 864,254 808,100 56,154 826,473 750,000 76,473
Total revenues 873,211 813,598 59,613 838,439 752,998 85,441
Expenditures
Other
Central garage 861,709 906,711 45,002 882,426 854,314 [28,112]
Capital Outlay
Capital outlay 1,854 2,700 846 8,294 13,000 4,706
Cash Reserve 111 ,438 111 ,438 16,934 16,934
Total expenditures 863,563 1,020,849 157,286 890,720 884,248 [6,472]
Excess [deficiency] of revenues
over [under] expenditures 9,648 [207,251] 216,899 [52,281] [131,250] 78,969
Other financing sources [uses]
Operating transfers in 62,500 125,000 [62,500] 125,000 '125,000
Excess [deficiency] of revenues
and other financing sources over [under]
expenditures and other financing [uses] 72,148 [82,251] 154,399 72,719 [6,250] 78,969
Unreserved fund balance, January 1 82,251 82,251 9,532 9,533 [1]
Residual equity transferred out [3,283] 3,283
Unreserved fund balance, December 31 $154,399 $ - $ 154,399 82,251 $ - $ 82,251
See independent auditor's report on the general purpose financial statements,
84
Schedule 19
4 of 5
CITY OF SALINA, KANSAS
INFORMATION SERVICES INTERNAL SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31,2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual Budqet fNeqativel Actual J;3udqet fNeqativel
Revenues
Fees and Charges
Charges for services $ 302,200 $ 302,199 $ $ 259,625 $ :225,000 $ 34,625
Other Revenues
Interest 8,729 12,000 [3,271] 8,333 12,000 [3,667]
Reimbursements 87,481 87,481 12,601 12,601
Miscellaneous 34 34
Internal charges 698,642 611,161 87,481 668,412 1334,354 34,058
Total other revenues 794,852 710,642 84,210 689,380 1346,354 43,026
Total revenues 1,097,052 1,012,841 84,211 949,005 1371,354 77,651
Expenditures
Other
Information services 703,733 679,792 [23,941] 612,537 1316,160 3,623
Capital Outlay
Capital outlay 228,022 253,000 24,978 283,136 292,000 8,864
Cash Reserve 306,513 306,513 '103,612 103,612
Total expenditures 931,755 1,239,305 307,550 895,673 1,011,772 116,099
Excess [deficiency] of revenues
over [under] expenditures 165,297 [226,464] 391,761 53,332 [140,418] 193,750
Other Financing Sources [Uses]
Sale of Assets 2,250 [2,250] 115 2,250 [2,135]
Excess [deficiency] of revenues
and other sources over [under]
expenditures and other [uses] 165,297 [224,214] 389,511 53,447 ['138,168] 191,615
Unreserved fund balance, January 1 224,215 224,214 170,168 170,168
Prior Year Cancelled Encumbrances 600 600
Residual equity transfer out [32,000] 32,000
Unreserved fund balance, December 31 $ 389,512 $ - $ 389,512 $ 224,215 $ - $ 224,215
See independent auditor's report on the general purpose financial statements.
85
Schedule 19
5 of 5
CITY OF SALINA, KANSAS
HEALTH INSURANCE INTERNAL SERVICE FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCE - ACTUAL AND BUDGET
For the fiscal year ended December 31,2001 and 2000
2001 2000
Variance Variance
Positive Positive
Actual BudQet fNeQativel Actual f~udqet fNeqativel
Revenues
Other Revenues
Interest
Reimbursements
Miscellaneous
$ 49,087 $ 40,000 $ 9,087 $ 46,065 $ 44,000 $ 2,065
14,569 14,569 23,246 23,246
3,577,356 3,557,000 20,356 3,372,800 3,:372,336 464
3,641,012 3,597,000 44,012 3,442,111 ~~16,336 25,775
Total revenues
Expenditures
Other
Health insurance
Cash Reserve
3,367,982 3,569,500 201,518 3,190,325 3,:383,864 193,539
931,981 931,981 "707,663 707,663
3,367,982 4,501,481 1,133,499 3,190,325 4,091,527 901,202
273,030 [904,481] 1,177,511 251,786 [1375,191] 926,977
904,481 904,481 652,695 1375,191 [22,496]
$1,177,511 $ - $1,177,511 $ 904,481 L - $ 904,481
Total expenditures
Excess [deficiency] of revenues
over [under] expenditures
Unreserved fund balance, January 1
Unreserved fund balance, December 31
See independent auditor's report on the general purpose financial statements.
86
CITY OF SALINA, KANSAS
TRUST AND AGENCY FUNDS
Trust funds are used to account for assets held by the government in a trustee capacity. Agency funds are used to
account for assets held by the government as an agent for individuals, private organizations, other governments
and/or other funds.
War memorial maintenance expendable trust fund - To account for monies to be used for maintenance of the local
war memorial.
Citizenship nonexpendable trust fund - To account for donated funds, the interest on which is Ito be used to provide
"Good Citizen" awards to deserving Salina citizens.
Cemetery endowment nonexpendable trust fund - To account for amounts expended for perpetual care of the City
cemetery. Interest earnings are used for cemetery maintenance.
Mausoleum endowment nonexpendable trust fund - To account for amounts charged for perpetual care of the City
mausoleum. Interest earnings are used for mausoleum maintenance.
Tricentennial Commission nonexpendable trust fund - To account for donations to be used to celebrate the nation's
Tricentennial in the year 2076.
Special assessment escrow agency fund - To account for property owners' prepayment on outstanding special
assessments.
Fire insurance proceeds agency fund - To account for insurance proceeds received for severe!ly damaged buildings
The insurance proceeds, plus interest, are returned to the property owners when the buildings are repaired or
demolished.
PEGS access agency fund - To account for revenues collected on behalf of the community acoess television system
for public, educational and governmental programming.
Payroll clearing agency fund - To account for interfund payroll receivables and payables for all City funds.
Court bond and restitution agency fund - To account for bonds an restitution remitted to the court and awaiting court
orders for distribution.
Police investigation account agency fund - To account for monies held by the police department for use in
investigations.
Fire cam fund - To account for donations received and used for fire equipment.
87
Schedule 20
1 of 2
CITY OF SALINA, KANSAS
EXPENDABLE TRUST, NON-EXPENDABLE TRUST AND AGENCY FUNDS
COMBINING BALANCE SHEET
December 31, 2001
(With comparative totals for December 31,2000)
Expendable
Trust Non-Expendable Trust
War Memorial
Maintenance Citizenship Cemetery Mausoleum Tricentennial
ASSETS Fund Trust Endowment Endowment Commission
Cash and investments $ 44,013 $ 18,918 $ 252,268 $ 26,988 $ 4,481
Interest receivable 532 229 3,052 327 54
--
Total assets $ 44,545 $ 19,147 $ 255,320 $ 27',315 $ 4,535
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 76 $ - $ - $ - $
Total liabilities 76
Fund balances
Unreserved
Undesignated 44,469 19,147 255,320 27,315 4,535
Total liabilities and fund balances $ 44,545 $ 19,147 $ 255,320 $ 27,315 $ 4,535
Agency
Special Fire Court
Assessment Insurance PEGS Payroll Bond and
Escrow Proceeds Access Clearing Restitution
$ 128,990 $ 19,071 $ 1 ,303 $ 843,830 $ 33,643
1,560 231 16
$ 130,550 $ 19,302 $1,319 $ 843,830 $ 33,643
$ 130,550 $19,302 $1,319 $843,830 $ 33,643
130,550
19,302
1,319
843,830
33,643
$ 130,550 $ 19,302 $1,319 $843,830 $ 33,643
See independent auditor's report on the general purpose financial statements.
88
Schedule 20
1 of 2
Schedule 20
2 of 2
CITY OF SALINA, KANSAS
EXPENDABLE TRUST, NON-EXPENDABLE TRUST AND AGENCY FUNDS
COMBINING BALANCE SHEET
December 31,2001
(With comparative totals for December 31, 2000)
Agency Total
Police Fire
Investigation Cam
ASSETS Account Fund 200'1 2000
Cash and investments $ 2,253 $ 63 $ 1,375,821 $ 542,196
Interest receivable 1 6,002
Total assets $ 2,253 $ 64 $ 1,381,823 $ 542,196
LIABILITIES AND FUND BALANCES
Liabilities
Accounts payable $ 2,253 $ 64 $ 1,031,037 $ 219,947
Total liabilities 2,253 64 1,031,037 219,947
Fund balances
Unreserved
Undesignated 350,786 322,249
Total liabilities and fund balances $ 2,253 $ 64 $ 1,381,823 $ 542,196
See independent auditor's report on the general purpose financial statements,
89
Schedule 21
CITY OF SALINA, KANSAS
WAR MEMORIAL MAINTENANCE EXPENDABLE TRUST FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the fiscal years ended December 31,2001 and 2000
2001 2000
Revenues
Interest $ 2,578 $ 2,476
Expenditures
Culture and recreation 385 109
Excess [deficiency] of revenues over [under] expenditures 2,193 2,367
Fund balances, January 1 42,276 39,909
Fund balances, December 31 $ 44,469 $ 42,276
See independent auditor's report on the general purpose financial statements.
90
Schedule 22
CITY OF SALINA, KANSAS
NON-EXPENDABLE TRUST FUNDS
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the fiscal years ended December 31, 2001
(With comparative totals for the fiscal year ended December 31, 2000)
Operating revenues
Charges for services
Total
Citizenship Cemetery Mausoleum Tricentennial
Trust Endowment Endowment Commission 2.001 2000
$ - $ 8,725 $ - $ - L 8,725 $ 10,584
35 35 35
--
8,690 - 8,690 10,549
1,106 14,495 1,578 475 ----",:17,654 16,092
1,106 23,185 1,578 475 26,344 26,641
18,041 232,135 25,737 4,060 ~79,973 253,332
$ 19,147 $ 255,320 $ 27,315 $ 4,535 $306,317 $ 279,973
Operating expenses
Other
Operating income
Nonoperating revenues
Use of money and property
Net income
Retained earnings, January 1
Retained earnings, December 31
See independent auditor's report on the general purpose financial statements.
91
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CITY OF SALINA, KANSAS
NON-EXPENDABLE TRUST FUNDS
COMBINING STATEMENT OF CASH FLOWS
For the fiscal years ended December 31,2001
(With comparative totals for the fiscal year ended December 31,2000)
Net cash provided by operating activities
Citizenship Cemetery Mausoleum
Trust Endowment Endowment
$ - $ 8,725 $
~
8,690
877 11 ,443 1,251
877 20,133 1,251
18,041 232,135 25,737
$ 18,918 $ 252,268 $ 26,988
Cash flows from operating activities
Cash received from customers
Cash paid to suppliers
Cash flows from investing activities
Interest received
Net increase in cash and cash equivalents
Cash and cash equivalents, January 1
Cash and cash equivalents, December 31
Reconciliation of operating income to net cash
provided by operating activites
Operating income
$
- $
8.690 $
Total
Tricentennial
Commission 2001 2000
$ - $ 8,725 $ 10,584
[35] [35]
8,690 10,549
421 13,992 16,092
421 22,682 26,641
4,060 279,973 253,332
$ 4,481 $ 302,655 $ 279,973
$
8,690 $
10,549
- $
See independent auditor's report on the general purpose financial statements.
92
Schedule 23
Schedule 24
1 of 3
CITY OF SALINA, KANSAS
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31,2001
Balance
January 1,
2001
Additions
Deductions
Balance
December 31,
2001
Special Assessment Escrow
ASSETS
Cash and investments
$
130,784 $
38,065 $
38,299 $
130,550
LIABILITIES
Accounts payable
$
130,784 $
38,065 $
38,299 $
130,550
Fire Insurance Proceeds
ASSETS
Cash and investments $ 11,659 $ 16,139 $ 8,727 $ 19,071
Interest receivable 231 231
Total assets $ 11,659 $ 16,370 $ 8,727 $ 19,302
LIABILITIES
Accounts payable $ 11,659 $ 16,370 $ 8,727 $ 19,302
PEGS Access
ASSETS
199,021 $
16
198,8t¡1
$
1,303
16
Cash and investments
Interest receivable
$
1,133 $
Total assets
$
1 , 133 $
199,037 $
198,8t¡1 $
1,319
LIABILITIES
Accounts payable
$
1,133 $
199,037 $
198,8t¡1
$
1,319
See independent auditor's report on the general purpose financial statements.
93
CITY OF SALINA, KANSAS
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31, 2001
Balance
January 1,
2001
Payroll Clearing
ASSETS
Cash and investments
$
48,685 $
LIABILITIES
Accounts payable
$
48,685 $
Court Bond and Restitution
ASSETS
Cash and investments
$
25,815 $
LIABILITIES
Accounts payable
$
25,815 $
Police Investigation Account
ASSETS
Cash and investments
$
1,838 $
LIABILITIES
Accounts payable
$
1,838 $
Additions
Deductions
See independent auditor's report on the general purpose financial statements.
94
795,145 $
795,145 $
98,212 $
90,384 $
98,212 $
90,384 $
415 $
415 $
Schedule 24
2 of 3
Balance
December 31,
2001
- $
843,830
- $
843,830
33,643
33,643
- $
2,253
- $
2,253
Schedule 24
3 of 3
CITY OF SALINA, KANSAS
AGENCY FUNDS
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
For the fiscal year ended December 31, 2001
Balance
January 1,
2001
Additions
Deductions
Balance
December 31,
2001
Fire Cam Fund
ASSETS
$
33 $
31
$
- $
64
Cash and investments
LIABILITIES
$
- $
64
Accounts payable
$
33 $
31
Total - Agency Funds
ASSETS
Cash and investments $ 219,947 $ 1,147,028 $ 336,2E¡1 $ 1,030,714
Interest receivable 247 247
Total assets $ 219,947 $ 1,147,275 $ 336,2E>1 $ 1,030,961
LIABILITIES
Accounts payable $ 219,947 $ 1,147,275 $ 336,2E¡1 $ 1,030,961
See independent auditor's report on the general purpose financial statements.
95
CITY OF SALINA, KANSAS
GEN ERAL FIXED ASSETS
96
Schedule 25
CITY OF SALINA, KANSAS
COMPARATIVE SCHEDULE OF GENERAL FIXED ASSETS
BY SOURCE
December 31, 2001 and 2000
General fixed assets
Land
Buildings
Improvements other than buildings
Machinery and equipment
2001 2000
$ 2,589,1 SI3 $ 2,589,193
12,453,3ï'9 12,453,378
6,443,810 6,443,810
11,412,456 11,579,375
$ 32,898,8~)8 $ 33,065,756
Total general fixed assets
Investment in general fixed assets by source
General fund
Special revenue funds
Capital projects funds
Donations
$ 18,304,818 $ 18,463,499
1,227,353 1,231,512
13,311,OSl5 13,311,095
55,5ï'2 59,650
Total investment in general fixed assets
$ 32,898,8~)8 $ 33,065,756
See independent auditor's report on the general purpose financial statements.
97
Schedule 26
CITY OF SALINA, KANSAS
SCHEDULE OF GENERAL FIXED ASSETS -
BY FUNCTION AND ACTIVITY
December 31, 2001
(With comparative totals for December 31, 2001)
Improvements
Other Than Machinery Total Total
Function and Activity Land Buildings Buildings and Equipment 2001 2000
General government
Manager $ - $ - $ - $ 124,468 $ 124,468 $ 122,741
Finance 150,417 150,417 215,302
Personnel 34,976 34,976 37,994
General services 19,302 101,612 260,616 452,956 834,486 778,232
Human relations 17,215 1/',215 21,805
Bicentennial Center 5,298,330 85,348 1,852,940 7,23Eì,618 7,310,128
Other 1,885,649 1,601,716 4,597,000 386,790 8,47'1,155 8,451,159
Total general government 1,904,951 7,001,658 4,942,964 3,019,762 16,86B,335 16,937,361
Public safety
Police 600 445,363 53,820 1,543,683 2,04~¡,466 2,044,937
Municipal court 75,050 7!i,050 74,720
Fire 63,302 1,732,926 2,888,063 4,684,291 4,823,431
Inspection 107,286 10i',286 101,539
Total public safety 63,902 2,178,289 53,820 4,614,082 6,910,093 7,044,627
Highways and streets
Engineering 189,267 18B,267 213,638
Maintenance 10,470 155,212 721,687 1,646,246 2,53~1,615 2,534,170
Planning 120,122 120,122 128,931
Total highways and streets 10,470 155,212 721,687 1,955,635 2,84~1,004 2,876,739
Culture and recreation 609,870 3,118,220 725,339 1,822,977 6,27Eì,406 6,207,029
Total general fixed assets $ 2,589,193 $ 12,453,379 $ 6,443,810 $ 11,412,456 $ 32,89B,838 $ 33,065,756
See independent auditor's report on the general purpose financial statements.
98
Function and Activity
General government
Manager
Finance
Personnel
General services
Human relations
Bicentennial Center
Other
Total general government
Public safety
Police
Municipal court
Fire
Inspection
Total public safety
Highways and streets
Engineering
Maintenance
Planning
Total highways and streets
Culture and recreation
Total general fixed assets
Schedule 27
CITY OF SALINA, KANSAS
SCHEDULE OF GENERAL FIXED ASSETS -
BY FUNCTION AND ACTIVITY
December 31, 2001
General Fixed
Assets
January 1,
2001
General Fixed
Assets
December 31,
2001
Deletions
Interfund
Transfers
Additions
$ 122,741 $ 4,657 $ [2,930] $ - $ 124,468
217,244 3,586 [68,471] 152,359
37,994 3,286 [6,304] 34,976
778,232 95,449 [39,195] 834,486
21,805 3,668 [8,258] 17,215
7,310,128 23,038 [96,548] 7,236,618
8,450,559 19,996 8,470,555
16,938,703 153,680 [221,706] 16,870,677
2,168,150 213,904 [215,374] 2,166,680
[42,985] 330 [42,655]
4,815,502 150,831 [289,971] 4,676,362
101,539 5,747 107,286
7,042,206 370,812 [505,345] 6,907,673
213,638 7,687 [32,056]
2,534,770 165,426 [165,982]
129,071 7,264 [16,073]
2,877,479 180,377 [214,111]
6,207,368 175,741 [106,366]
$ 33,065,756 $ 880,610 $ [1,047,528] $
189,269
2,534,214
120,262
2,843,745
6,276,743
- $ 32,898,838
See independent auditor's report on the general purpose financial statements.
99
CITY OF SALINA, KANSAS
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
Year ended December 31,2001
Federal Grantor / Pass Throuqh Grantor / Proqram Title
US DEPT OF HOUSING AND URBAN DEVELOPMENT
Passed through Kansas Department of Commerce and Housing
Small Cities CDBG
Housing Rehabilitation Grant
Emergency Shelter Grant
Total US Dept of Housing and Urban Development
US DEPT OF JUSTICE
Passed throuQh Kansas Criminal Justice Coordinating Council
Large System Interface Grant
Direct
Local Law Enforcement Block Grant
COPS In Schools Grant
Total US Dept of Justice
DEPARTMENT OF TRANSPORTATION
Passed through Kansas Department of Transportation
Special Traffic Enforcement Program
100
Federal
CFDA
Number
14.228
14.239
14.231
N/A
16.592
16.710
20.603
TOTAL
Expend itu res
$
324,000
73,893
31 ,995
429,888
1,625
8,490
71 ,152
81,267
5,964
$
517,119
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GOVERNMENTAL AUDIT SECTION
CITY OF SALINA, KANSAS
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
For the Year Ended December 31, 2001
Section I - Summary Of Auditor's Results
1. Type of report issued on financial statements:
2. Reportable conditions in internal control over the financial statements:
3. Were any reportable conditions noted in 2 above reported as a material weakness;
4. Material noncompliance disclosed:
5. Reportable conditions in internal controls over major programs:
6. Were any reportable conditions noted in 5 above reported as a material weakness:
7. Type of report on major program compliance:
8. Audit disclosed audit findings required to be reported under Circular A-133 paragraph
510(a):
9. Major Programs:
PrOQrams
CFDA
14.228
Small Cities CDBG
10. Threshold used to distinguish between Type A and Type B programs:
11. Auditee qualified as a low-risk auditee:
Section 11- Financial Statement Findings
None Noted
Section 111- Federal Award Findings and Questioned Costs
None Noted
101
Unqualified
No
None reported
No
No
None reported
Unqualified
No
Expenditures
$324,000
$300,000
No
David A. Lowenthal, CPA
Thomas E. Singleton. CPA
Patricia L. Webb. CPA
Thomas G. Wilson, CPA
LOWEN1HAL SINGLETON WEBB & WILSON
PROFESSIONAL ASSOCIATION
CERTIFIED PUBLIC ACCOUNTANTS
900 Massachusetts. Suite 301
Lawrence, Kansas 66044-2868
Phone: (785) 749-5050
Fax: (785) 749-506 I
E-mail: lswwcpa@lswwcpa,com
Kenneth R. Hite, CPA
Mary A. LeGresley, CPA
Audrt:y M. Odennann, CPA
Members of American Institute
and Kansas Society of
Certified Public Accountants
INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE AND ON INTERNAL CONTROL
OVER FINANCIAL REPORTING BASED ON AN AUDIT OF FINANCIAL STATEMENTS
PERFORMED IN ACCORDANCE WITH "GOVERNMENT AUDITING STANDARDS"
Mayor and City Commission
City of Salina, Kansas
We have audited the basic financial statements of City of Salina, Kansas as of and for the year ended December 31,
2001, and have issued our report thereon dated April 26, 2002, We conducted our audit in accordance with auditing
standards generally accepted in the United States of America, and the standards applicable to financial audits
contained in "Government Auditing Standards", issued by the Comptroller General of the United States,
Compliance
As part of obtaining reasonable assurance about whether the City's financial statements are free of material
misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grants,
noncompliance with which could have a direct and material effect on the determination of financial statement
amounts, However, providing an opinion on compliance with those provisions was not an objective of our audit and,
accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance
that are required to be reported under "Government Auditing Standards".
Internal Control Over Financial Reportinq
In planning and performing our audit, we considered the City's internal control over financial reporting in order to
determine our auditing procedures for the purpose of expressing our opinion on the financial statements and not to
provide assurance on the internal control over financial reporting, Our consideration of the internal control over
financial reporting would not necessarily disclose all matters in the internal control over financial reporting that might
be material weaknesses. A material weakness is a condition in which the design or operation of one or more of the
internal control components does not reduce to a relatively low level the risk that misstatements in amounts that
would be material in relation to the financial statements being audited may occur and not be detected within a timely
period by employees in the normal course of performing their assigned functions, We noted no matters involving the
internal control over financial reporting and its operation that we consider to be material weaknesses,
This report is intended for the information of the City Commission, management, and federal awarding agencies and
pass-through entities and should not be used by anyone other than these specified parties.
d~/ þ,~¡ ~ ~~
Professional Association
April 26, 2002
102
LOWENTHAL SINGLETON WEBB & WILSON
PROFESSIONAL ASSOCIATION
David A. Lowenthal, CPA
Thomas E. Singleton, CPA
Patricia L. Webb, CPA
Thomas G. Wilson, CPA
CERTIFIED PUBLIC ACCOUNTANTS
900 Massachusetts, Suite 301
Lawrence, Kansas 66044-2868
Phone: (785) 749-5050
Fax: (785) 749-5061
E-mail: Iswwcpa@lswwcpa.com
Kenneth R. Hite. CPA
Mary A. LeGresley, CPA
Audrey M. Odennann, CPA
Members of American Institute
and Kansas Society of
Certified Public Accountants
INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE WITH REQUIREMENTS
APPLICABLE TO EACH MAJOR PROGRAM AND ON INTERNAL CONTROL
OVER COMPLIANCE IN ACCORDANCE WITH OMS CIRCULAR A-133
Mayor and City Commission
City of Salina, Kansas
Compliance
We have audited the compliance of City of Salina, Kansas with the types of compliance requirements described in
the "U.S. Office of Management and Budget (OMB) Circular A-133 Compliance Supplement" that are applicable to
each of its major federal programs for the year ended December 31, 2001. City of Salina, Kansas's major federal
programs are identified in the Schedule of Findings and Questioned Costs. Compliance with the requirements of
laws, regulations, contracts and grants applicable to each of its major federal programs is the responsibility of the
district's management. Our responsibility is to express an opinion on the district's compliance based on our audit.
We conducted our audit of compliance in accordance with auditing standards generally accepted in the United
States of America; the standards applicable to financial audits contained in "Government Auditing Standards",
issued by the Comptroller General of the United States; and OMB Circular A-133, "Audits of States, Local
Governments, and Non-Profit Organizations". Those standards and OMB Circular A-133 require that we plan and
perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance
requirements referred to above that could have a direct and material effect on a major federal program occurred. An
audit includes examining, on a test basis, evidence about the district's compliance with those requirements and
performing such other procedures as we considered necessary in the circumstances. We believe that our audit
provides a reasonable basis for our opinion. Our audit does not provide a legal determination on the district's
compliance with those requirements.
In our opinion, City of Salina, Kansas complied, in all material respects, with the requirements referred to above that
are applicable to each of its major federal programs for the year ended December 31,2001.
Internal Control Over Compliance
The management of City of Salina, Kansas is responsible for establishing and maintaining effective internal control
over compliance with requirements of laws, regulations, contracts and grants applicable to federal programs. In
planning and performing our audit, we considered City of Salina, Kansas's internal control over compliance with
requirements that could have a direct and material effect on a major federal program in order to determine our
auditing procedures for the purpose of expressing our opinion on compliance and to test and report on internal
control over compliance in accordance with OMS Circular A-133.
103
Mayor and City Commission
City of Salina, Kansas
Page 2
Our consideration of the internal control over compliance would not necessarily disclose all matters in the internal
control that might be material weaknesses. A material weakness is a condition in which the design or operation of
one or more of the internal control components does not reduce to a relatively low level the risk that noncompliance
with applicable requirements of laws, regulations, contracts and grants that would be material in relation to a major
federal program being audited may occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. We noted no matters involving the internal control over compliance
and its operation that we consider to be material weaknesses.
This report is intended for the information of the City Commission, management and for federal awarding agencies
and pass-through entities and should not be used by anyone other than these specified parties.
d~/-L~ ~ ~~
Professional Association
April 26, 2002
104
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STATISTICAL SECTION
City of Salina Table 1
General Government Expenditures by Functions (1)
Last Ten Fiscal Years
Fiscal General Culture and Community Public Health
Year Government Public Safety Public Works Recreation Development and Sanitation Debt Service Capital Outlay Other Total
1992 1,463,391 5,381,008 1,422,210 3,320,552 339,084 138,733 2,768,149 1,530,150 6,337,016 22,700,293
1993 1,426,997 5,834,653 1,386,714 3,915,576 175,254 173,122 2,902,019 1,558,158 4,547,476 21,919,969
1994 1,069,325 6,735,353 1,332,977 3,821,310 441,307 525,026 2,772,819 2,796,288 4,533,986 24,028,391
1995 (2) 1,167,329 7,321,192 1,464,980 4,278,450 194,552 553,614 4,387,971 3,756,136 4,690,997 27,815,221
1995 (3) 5,095,357 7,106,760 2,323,002 4,278,450 286,458 467,772 4,387,971 3,756,136 113,315 27,815,221
1996 5,400,526 7,492,967 2,631,025 4,111,277 473,245 474,604 3,302,600 4,261,039 29,561 28,176,844
1997 5,721,204 8,153,762 2,557,584 4,152,228 246,047 491,299 4,042,308 4,525,977 176,364 30,066,773
1998 7,319,381 7,825,422 2,211,719 4,623,063 260,548 512,818 2,858,079 3,181,300 374,840 29,167,170
1998(4) 2,558,564 9,992,478 3,528,366 4,151,582 2,158,385 632,766 2,858,079 3,286,950 29,167,170
1999 (5) 2,178,432 10,447,619 3,467,893 4,413,084 4,100,217 675,834 2,491,953 3,644,789 - 31,419,821
2000 2,470,681 11,142,154 3,805,681 4,695,258 4,152,715 742,891 2,953,569 4,870,144 - 34,833,093
2001 2,226,839 11,326,371 4,865,373 4,340,351 4,152,742 885,198 3,324,479 3,473,503 - 34,594,856
(1) Includes only general, special revenue, and debt service funds.
(2) Some Expenditures reclassified in 1995. This line presents the 1996
expenditures based on the 1994 and prior classification. In 1991 through
1995, Employee Benefits were classified as "Other".
(4) Reflects the functional classification as presented in the 1995 and
subsequent year schedules. From 1995 through 1998, Employee Benefits
were classed as "General Government".
2001 Expenditures
General
Capital Outlay Government
.10% 6%
Debt Service
10%
Public Safety
32%
(5) 1998 restated to 1999 Classification
Public Health
and Sanitation
3%
(6) In 1999, Culture, Recreation and Bi-centennial Center were combined
into "Culture and Recreation. Prior vears were summed into the new sinGle
, . - -oJ-
classification. Employee benefits were moved from the "General
Government" classification into the classification consistant with the
salaries classification associated with the benefits. Finally, expenditures
previously classified as "Other" were placed in more appropriate and
descriptive classes.
Community
n"'H",I"n,.,..""n+
~~'~'~I-""'-""
12%
Culture and
Recreation
13%
105
City of Salina
General Government Revenues by Source (1) Table 2
Last Ten Fiscal Years
Fiscal Fees and Special
Year Taxes Interqovernmental Charqes Assesments Other Revenues Total
1992 13,897,325 2,756,614 2,416,921 881,231 1,637,194 21,589,285
1993 15,479,559 2,769,828 3,174,444 940,487 1,847,012 24,211,330
1994 16,153,904 3,305,815 3,089,651 868,202 2,402,460 25,820,032
1995 17,138,776 3,170,244 3,585,877 1,012,596 2,708,038 27,615,531
1996 17,557,494 3,342,888 3,160,771 1,191,772 2,859,223 28,112,148
1997 18,416,347 3,197,436 3,197,039 1,127,400 2,153,460 28,091,682
1998 19,364,939 3,208,793 5,057,608 1,050,242 1,951,707 30,633,289
1998 (2) 19,364,939 4,050,492 2,137,769 974,648 3,899,387 30,427,235
1999 21,314,633 4,383,281 2,068,329 1,086,557 4,257,563 33,110,363
2000 22,459,765 4,114,704 2,104,897 1,228,683 4,622,510 34,530,559
2001 22,282,630 3,916,482 2,107,409 1,320,324 5,001,469 34,628,314
(1) Includes Only General, Special Revenue, and Debt Service
Funds. Capital Projects and Fiduciary funds are excluded.
(2) Restated to 1999 Classification. Difference in total is due to restatement of interfund transfers
.- ---- --
--.-
2001 Revenue By Source
Other Revenues
14%
Special
Assesments
4%
Fees and Charges
6%
Intergovernmental
11%
-.--
106
City of Salina
General Government Tax Revenues by Source (1) Table 3
LastTen Fiscal Years
Fiscal Transient
Year Property Taxes Sales Tax Franchise Tax Guest Tax Total
1992 5,607,496 6,287,513 1,537,171 465,145 13,897,325
1993 5,818,511 7,480,113 1,680,385 500,550 15,479,559
1994 6,065,013 7,769,917 1,756,528 562,446 16,153,904
1995 6,502,855 8,302,428 1,739,323 594,170 17,138,776
1996 6,690,485 8,446,809 1,836,694 583,506 17,557,494
1997 6,945,943 8,948,067 1,929,622 592,715 18,416,347
1998 6,995,943 9,687,988 1,950,520 730,488 19,364,939
1999 7,656,282 10,991,973 1,920,067 746,311 21,314,633
2000 7,576,973 12,032,797 2,141,736 708,259 22,459,765
2001 7,079,205 12,010,742 2,463,599 729,084 22,282,630
---- -- --- ------
Tax Revenues by Source
2,000,000
--i--
--+---- --- --
14,000,000
12,000,000 -
10,000,000
8,000,000 -
6,000,000
4,000,000
Sales Tax
Property Taxes
Transient Guest Tax
Year
2000 2001
. ---_.. --- -
(1) Includes General, special revenue and Debt Service Funds
(2) Property Taxes include Real Estate, Motor Vehicle and Payments in Lieu of Taxes
107
City of Salina
Property Tax Levies and Collections Table 4
Last 10 Fiscal Years
Percent of Delinquent Ratio of Total
Fiscal Current Tax Current Taxes Tax Total Tax Tax Collections
Year Total Tax Levy Collections Collected Collections Collections to Tax Levy
1992 4,783,117 4,491,134 93.9% 83,939 4,575,073 95.7%
1993 4,882,255 4,696,707 96.2% 194,448 4,891,155 100.2%
1994 4,858,543 4,673,374 96.2% 227,331 4,900,705 100.9%
1995 5,230,834 5,192,453 99.3% 97,615 5,290,068 101.1%
1996 5,534,222 5,411,474 97.8% 107,250 5,518,724 99.7%
1997 5,772,414 5,689,316 98.6% 133,171 5,822,487 100.9%
1998 6,081,748 5,976,840 98.3% 114,028 6,090,868 100.1%
1999 6,416,832 6,269,408 97.7% 140,976 6,410,384 99.9%
2000 6,694,612 6,490,693 97.0% 105,801 6,596,494 98.5%
2001 7,020,875 6,831,220 97.3% 147,819 6,979,039 99.4%
- --- -----
Percent of Property Taxes Collected
102.0%
100.0%
98.0%
96.0%
94.0%
92.0%
90.0% .
1992 1993
1994
1995
1996
1997
1998
1999
2000
2001
- - ---- --- ---- --- -
] . Percent of Current Taxes Collected - -<> - Ratio of Total Tax Collections to Tax Levy
- - --- -- - ----- -
-----
------ -_on --- -- --
----
---- ---
108
City of Salina
Assessed and Estimated Actual Value of Property
Last Ten Fiscal Years
Table 5
Assessed Value
Ratio of Assessed
Personal Total, Assessed Estimated Total Market Value to Estimated
Fiscal Year Real Estate Property State Assessed Motor Vehicle Value Value Market Value
1992 135,267,866 16,751,713 11,545,541 35,803,591 199,368,711 1,105,026,368 18.04
1993 129,632,717 22,447,713 12,849,722 37,569,816 202,499,968 1,175,493,628 17.23
1994 145,239,331 22,678,728 14,272,658 41,805,765 223,996,482 1,314,830,748 17.04
1995 166,462,923 24,890,665 12,528,204 42,981,776 246,863,568 1,482,502,705 16.65
1996 175,997,879 25,550,448 12,708,970 43,786,794 258,044,091 1,551,794,365 16.63
1997 196,360,843 26,279,996 13,954,569 43,994,555 280,589,963 1,716,987,425 16.34
1998 213,488,582 27,534,811 12,909,972 44,924,849 298,858,214 1,850,244,169 16.15
1999 226,207,727 28,786,094 14,122,529 45,371,433 314,487,783 1,953,641,509 16.10
2000 241,621,655 32,439,566 14,088,875 43,246,020 331,396,116 2,096,802,659 15.80
2001 254,343,715 31,823,431 14,847,520 43,248,108 344,262,744 2,006,804,824 17.15
300,000,000
Change in Assessed Value
400,000,000
350,000,000
250,000,000
200,000,000
150,000,000
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
(1) On November 3, 1992, voters in the State of Kansas approved a proposition to amend the Kansas Constitution regarding property classification and
assessment rates. This amendment established three new property sub-classifications with decreased assessment ratios.
109
City of Salina
Principal Taxpayers
2001
Taxpayer
Type of Business
Schwan's Sales
Warmack, Salina Partnership
Western Resources
Southwestern Bell
Wal-Mart Stores, Inc.
Salina Regional Health Center
Kansas Gas Service
Dillon's
Great Plains Manufacturing
Bradley Operating
Pizza Manufacturing
Retail Shopping Mall
Electric and Gas
Telephone Utility
Discount Retail Stores
Hospital and Medical Offices
Utility
Supermarket
Manufacturing
Retail Shopping Center
Combined Valuation of the Ten Largest Taxpayers
Percent of Total City Assessed Valuation (1)
(1) Assessed value includes amount attributed to Motor Vehicles
110
Table 6
1998 Assessed % of Total
Valuation Valuation
$ 7,165,506 2.16%
5,768,772 1.74%
5,894,713 1.78%
5,337,109 1.61%
4,259,288 1.29%
2,929,175 0.88%
2,457,993 0.74%
2,000,604 0.60%
1,714,226 0.52%
1,433,432 0.43%
38,960,818
11.76%
Fiscal
(Budget) Year
City of Salina
Property Tax Rates
Direct and Overlapping Governments
Last Ten Fiscal Years
Table 7
Cit of Salina Saline Count USD 305 2 Other 1 Total
Operating Debt Service Total City Operating Debt Service Total County Operating Debt Service Total USD
Millage Millage Millage Millage Millage Millage Millage Millage Millage Other
22.764 7.064 29.828 20.464 20.464 80.343 3.029 83.372 6.074 139.738
22.114 7.735 29.849 21.718 21.718 40.301 3.581 43.882 6.557 102.006
22.910 6.551 29.461 24.562 - 24.562 37.353 3.332 40.685 8.521 103.229
18.555 10.154 28.709 26.571 - 26.571 39.357 3.044 42.401 8.265 105.946
15.812 11.130 26.942 20.940 1.985 22.925 39.368 2.944 42.312 8.340 100.519
20.692 5.013 25.705 18.141 18.141 36.892 2.637 39.529 8.433 91.808
21.587 3.683 25.270 19.497 0.991 20.488 35.001 1.839 36.840 9.869 92.467
19.382 5.494 24.876 23.187 - 23.187 38.698 17.623 56.321 9.444 113.828
19.097 5.268 24.365 22.337 23.837 41.198 17.326 58.524 9.109 115.835
18.561 5.657 24.218 24.066 - 24.066 51.115 17.063 68.178 9.330 125.792
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
160
140
(/ 120
I :¡: 100
I: 80
>- 60
>
Q) 40
..J
20
Overlapping Mill Levy for Salina, Kansas
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001
(2) USD 305
0 All Other
(2) Saline County
II City of Salina ¡
I
!
Budget Year
(1) The "Other" column includes the State of Kansas, the Salina Airport Authority, and the Salina Public Library.
(2) A small portion of Salina is covered by USD 306, USD 307, or USD 400. Total Tax Rates are different in the areas covered by these jurisdictions.
111
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
City of Salina
Special Assesment Billings and Collections
last Ten Fiscal Years
Special Ratio of Total Special
Assessment Special Assessment Assessments Collections to Total
Fiscal Year Billings Collections Assessments levied
1992 721,334 808,886 1.12
1993 694,497 873,850 1.26
1994 697,015 793,190 1.14
1995 919,364 883,807 0.96
1996 1,139,672 1,131,852 0.99
1997 985,885 1,048,863 1.06
1998 983,383 974,648 0.99
1999 1,122,307 1,086,557 0.97
2000 1,266,760 1,285,105 1.01
2001 1,298,468 1,320,324 1.02
~-- .~--
Special Assessment Billings and Collections
1992 1993 1994 1995 1996 1997 1998 1999
rœsp~Ci~IAsses~rn~nt Billi~9S. IIISp~¡aIA~~~ssment Coliecti~~1
2000
:2001
~-- ~~
--~-~
~--~
-~- --
~- --~-
1. Includes prepayments and delinquent collections.
112
Table 8
City of Salina
Computation of Legal Debt Margin
December 31, 2001
Assessed Valuation (1)
Legal Debt Margin:
Debt Limit: 30% of Assessed Valuation (2)
Debt Applicable to Limitation:
Total Bonded Debt
Less: Revenue Bonds
Fund Balance Designated
for Debt Service
Total Debt Applicable to Limitation
Legal Debt Margin
Table 9
$ 344,262,744
103,278,823
38,074,132
12,985,000
956,644
24,132,488
79,146,335
1. Assessed valuation for the purposes of calculating the debt limitation includes the valuation attributable to
Motor Vehicles.
113
City of Salina
Ratio of Net General Obligation Bonded Debt Table 10
To Assessed Value and
Net General Obligation Bonded Debt Per Capita
Ratio of Net
Less Debt Bonded Debt to Net Bonded
Fiscal Population Assessed Value Gross Bonded Service Fund Net Bonded Assessed Debt Per
Year (1) (2) Debt (3) (4) Debt Value Capita
1991 42,510 194,872,458 8,004,443 304,252 7,700,191 3.95 181.14
1992 42,841 199,368,711 8,795,864 333,505 8,462,359 4.24 197.53
1993 43,202 202,499,968 9,478,791 539,887 8,938,904 4.41 206.91
1994 43,304 223,996,482 7,854,994 797,083 7,057,911 3.15 162.99
1995 (1) 43,304 246,863,568 8,465,000 1,024,020 7,440,980 3.01 171.83
1996 (1) 44,167 258,044,091 10,211,899 1,052,539 9,159,360 3.55 207.38
1997 44,510 280,589,963 10,184,658 867,759 9,316,899 3.32 209.32
1998 (2) 44,176 298,858,214 8,453,558 741,310 7,712,248 2.58 174.58
1999 44,022 314,487,783 10,877,094 779,992 10,097,102 3.21 229.36
2000 45,679 331,396,116 12,590,532 942,981 11,647,551 3.51 254.99
2001 45,729 344,262,744 11,006,768 956,644 10,050,124 2.92 219.78
- n -- _n ------ ----- -~- -- --
Per Capita General Obligation Debt
300.00
50.00
250.00
200.00
150.00
100.00
0.00
1991
1992
1993
1994
1995 (1)
1996 (1)
1997
1998 (2)
1999
:woo
2001
-----
--
--
---- - ---
1. Population estimates are based on the 1980 and 1990 Census, except 1995 through 1997 are staff estimates based on the
7/01/94 Census Bureau estimate. The 1998/1999 estimates are based on the 7/1 estimate issued by Kansas State Divisionofthe
Budget. 2000 population is based on the 2000 Census. 2001 is the Kansas Division of the Budget estimate.
2. From Table 5.
3. Outstanding Debt amounts reflect portion of the outstanding debt for which general taxes will be required. This excludes revenue
bonds, GO obligations for which other revenue has been pledged, and obligations for which special assessments will be levied. Prior
to 1998, this included some bonds for which Solid Waste Revenues were pledged. These were removed from the calculation in 1998.
4. Amount available for repayment of General Obligation Bonds.
114
City of Salina
Ratio of Annual Debt Service Expenditures
For General Obligation Bonded Debt (1)
To Total General General Governmental Expenditures
Last Ten Fiscal Years
Table 11
Total General Ratio of Debt Service to
Governmental General Governmental
Fiscal Year Principal Interest (2) Total Debt Service Expenditiures (3) Expenditures (3)
1992 1,037,112 541,560 1,578,672 22,700,293 6.95%
1993 1,556,156 497,961 2,054,117 21,919,969 9.37%
1994 1,459,185 368,250 1,827,435 24,028,391 7.61%
1995 1,530,037 386,943 1,916,980 27,815,221 6.89%
1996 1,229,378 305,808 1,535,186 28,176,844 5.45%
1997 2,549,984 443,461 2,993,445 30,066,773 9.96%
1998 1,563,421 320,010 1,883,431 29,167,170 6.46%
1999 1,044,187 361,209 1,405,396 31,419,821 4.47%
2000 1,277,861 447,025 1,724,886 34,833,093 4.95%
2001 1,406,725 498,772 1,905,497 34,964,295 5.45%
.~--~..- ---.. .-.. -. -- -----
Ratio of General Debt Service to General Government Expenditures
12.00%
6.00%
10.00%
8.00% .
4.00%
2.00%
0.00%
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
-.
..--
--..--
(1) Excludes special assessment debt with government commitment.
(2) Excludes bond issuance and other costs.
(3) Includes general, special revenue, and debt service funds.
115
City of Salina
Computation of Direct and Overlapping Bonded Debt
General Obligation Bonds
December 31,2001
Table 12
Jurrisdiction
Net General
Obligation
Bonded Debt
Outstanding
Percentage Amount
Applicable to City Applicable to the
of Salina City of Salina
Direct:
City of Salina
$
10,050,124
100% $
10,050,124
Overlapping:
Salina Airport Authority
Saline County
USD 305
Total Overlapping Debt
5,675,000
1,225,000
97,065,000
103,965,000
100% 5,675,000
75% 921,323
92% 89,134,790
95,731,112
105,781,236
$ 2,316
--------- --- -----
Total Direct and Overlapping Debt
114,015,124
Per Capita Direct and Overlapping debt
1---------- .. Overlapping Debt, C-ity of Salina
City of Salina
10%
USD 305
84%
Salina Airport
Authority
~¡%
Saline County
1%
----
-- -_u---
-----
j
116
City of Salina
Revenue Bond Coverage
Water and Sewer Fund
Last Ten Fiscal Years
Table 13
Debt Service Requirements
Net Revenue
Fiscal Operatinq Operatinq Available for Debt
Year Revenues (1) Expenses(2) Service Principal Interest Total Coveraqe
1992 7,131,392 4,371,446 2,759,946 265,000 517,915 782,915 3.53
1993 8,171,545 4,350,228 3,821,317 670,000 1,681,527 2,351,527 1.63
1994 9,402,506 5,266,865 4,135,641 805,000 1,614,122 2,419,122 1.71
1995 9,993,020 5,879,776 4,113,244 880,000 1,588,797 2,468,797 1.67
1996 10,506,646 7,147,082 3,359,564 955,000 1,527,953 2,482,953 1.35
1997 10,442,409 6,714,541 3,727,868 1,015,000 1,483,493 2,498,493 1.49
1998 11,495,756 6,836,006 4,659,750 660,000 924,598 1,584,598 2.94
1999 10,753,843 7,399,094 3,354,749 700,000 876,793 1,576,793 2.13
2000 11,709,375 7,406,546 4,302,829 735,000 831,293 1,566,293 2.75
2001 11,886,131 8,461,367 3,424,764 835,000 688,515 1,523,515 2.25
------ ------ n_- -- -------
---- ---------- ---I
I
,
3.75
3.50
3.25
3-00
2.75
2-50
2.25
2.00
1.75
1.50
1.25
1.00 -
0.75
0.50
0_25
0-00
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
------
-----
----
----------------- --
(1) Excludes interest income
(2) Excludes Depreciation
117
City of Salina Table 14
Property Value and Construction
Last Ten Fiscal Years
Value of
Total Property Value Total Value of Permits Commercial
Fiscal Year (Thousands) Permits Issued Issued Permits
1992 1,105,026 598 25,283,947 NA
1993 1,175,494 628 36,411,632 NA
1994 1,314,831 694 38,667,261 NA
1995 1,482,502 759 34,156,955 NA
1996 1,551,794 832 55,369,816 NA
1997 1,716,987 725 41,528,712 24,604,611
1998 1,850,244 757 42,830,543 22,162,767
1999 1,953,642 772 41,431,443 11,225,834
2000 2,096,803 771 99,462,211 75,141,289
2001 2,006,805 679 74,250,045 53,696,870
--- ---
- - ---
- ----- --- - --- --
Number and Value of Building Permits Issued
350
121,000,000
950
850
101,000,000
750
81,000,000
.I!!
"§ 650
...
c..
Õ
~
~ 550
:::I
z
j!;:
"E
:ii;
61,000,000 ~.
c'
~:
-¡;¡i
:>,
- 41,000,000
450
21,000,000
250 -
1,000,000
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
,------ -----
II I Permi!s Issued --:-+- TotalValue of~ermits IssLJed
i
-------- --- - ------------------------'
118
City of Salina
Demographic Analysis
Last 10 Fiscal Years
Table 15
Labor Force,
Per Capita Income School Emoiliment Unemployment Saline County
Fiscal Year Population (1) Saline County (2) Median Age (3) (4) Rate (5) (5)
1991 42,510 20,124 32.4 7,489 4.2% 29,356
1992 42,841 21,486 32.7 7,687 3.8% 30,409
1993 43,202 21,719 33.3 7,661 4.6% 28,549
1994 43,304 23,182 33.5 7,243 4.6% 28,093
1995 43,304 23,045 33.5 7,229 4.4% 29,312
1996 44,167 24,468 33.5 7,316 3.7% 29,281
1997 44,510 26,062 33.5 7,307 3.6% 28,875
1998 44,176 27,427 33.5 7,257 3.5% 29,262
1999 44,022 28,624 33.5 7,347 3.6% 30,310
2000 45,679 28,561 36.1 7,418 2.8% 30,740
2001 45,729 NA 36.1 7,329 3.5% 29,821
- --- --- --- ---- ----- - -- -...-- ------
- --- -
50,000
Q) 45,000
(,)
...
0
LL
... 40,000
0
.c
co
...J
-
c:
.~ 35,000
-
~
;:,
Q.
0
a.. 30,000
25,000
Population, Labor Force, and School Enrollment
8,000
7,500
-
c:
Q)
E
0
...
c:
LU
7,000
6,500
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000
1- .- P~p~l~ti~n (1 )- -'Labor For;;-Saline CountY-(5)-=. - SGh;-~-E~rolllm~nT(4)l
~ - - -.- ---- --- ------ -- -----_._-------_..J
--- ..----- ---
Data Sources:
1) Population estimates are based on the 1990 and 2000 Census, except 1995 is based on the 7/01/94 Census Bureau Est.
(2) U.S. Department of Commerce, Bureau of Economic Analysis.
(3) Salina Chamber of Commerce. 2000 is the 2000 Census.
(4) U.S.D. 305, Full Time Equivelancy
(5) Kansas Department of Human Resources
119
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