| COUNTY OF OGEMAW |
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| West Branch, Michigan |
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| STATEMENT OF NET POSITION |
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| September 30, 2020 |
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| Primary Government |
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Governmental |
Business-Type |
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Activities |
Activities |
Total |
Component Units |
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| Assets |
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| Cash and Cash Equivalents |
$999,870 |
$3,325,389 |
$- |
$1,562,554 |
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| Investments |
$- |
$2,009,794 |
$2,009,794 |
$1,222,468 |
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| Receivables: |
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| Property Taxes |
$880,901 |
$- |
$880,901 |
$- |
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| Delinquent Taxes |
$- |
$1,539,985 |
$1,539,985 |
$- |
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| Special Assessments |
$- |
$- |
$- |
$5,949 |
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| Accounts, Net |
$223,373 |
$21,060 |
$244,433 |
$52,695 |
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| Interest Receivable |
$- |
$2,419 |
$2,419 |
$- |
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| Mortgages Receivable |
$56,312 |
$- |
$56,312 |
$- |
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| Due from Local Units |
$32,520 |
$- |
$32,520 |
$- |
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| Due from State |
$586,467 |
$165,745 |
$752,212 |
$1,241,805 |
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| Due from Other Units of Government |
$95,331 |
$49,545 |
$144,876 |
$- |
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| Internal Balances |
$658,846 |
$658,846 |
$- |
$- |
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| Prepaid Items |
$- |
$- |
$- |
$33,337 |
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| Inventory |
$- |
$- |
$- |
$500,587 |
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| Noncurrent Assets: |
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| Long-Term Mortgages Receivable |
$1,893,694 |
$- |
$1,893,694 |
$- |
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| Capital Assets Not Being Depreciated |
$262,693 |
$- |
$262,693 |
$25,318,152 |
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| Capital Assets, Net of Accumulated Depreciation |
$5,714,097 |
$575,987 |
$6,290,084 |
$10,602,904 |
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| Total Assets |
$10,086,412 |
$8,348,770 |
$18,435,182 |
$40,540,451 |
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| Deferred Outflows of Resources |
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| Deferred Amounts Related to Pensions |
$1,092,009 |
$59,558 |
$1,151,567 |
$1,739,288 |
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| Deferred Amounts Related to OPEB |
$39,308 |
$- |
$39,308 |
$57,660 |
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| Deferred Charge on Refunding |
$451,319 |
$- |
$451,319 |
$- |
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| Total Deferred Outflows of Resources |
$1,582,636 |
$59,558 |
$1,642,194 |
$1,796,948 |
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| Liabilities |
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| Accounts Payable |
$119,710 |
$33,697 |
$153,407 |
$45,509 |
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| Due to Local Units |
$27,419 |
$5,251 |
$32,670 |
$- |
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| Due to Other Units of Government |
$221,346 |
$25,962 |
$247,308 |
$- |
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| Advances Payable |
$- |
$- |
$- |
$218,136 |
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| Accrued Interest Payable |
$64,094 |
$- |
$64,094 |
$- |
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| Accrued Liabilities |
$122,529 |
$15,128 |
$137,657 |
$24,084 |
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| Unearned Revenue - State Grants |
$2,634 |
$- |
$2,634 |
$442,940 |
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| Long Term Liabilities: |
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| Due Within One Year |
$300,433 |
$15,737 |
$316,170 |
$94,365 |
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| Due In More Than One Year |
$5,180,318 |
$19,780 |
$5,200,098 |
$219,960 |
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| Net Pension Liability |
$8,404,450 |
$364,634 |
$8,769,084 |
$4,935,730 |
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| Net OPEB Liability |
$596,775 |
$- |
$596,775 |
$373,350 |
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| Total Liabilities |
$15,039,708 |
$480,189 |
$15,519,897 |
$6,354,074 |
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| Deferred Inflows of Resources |
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| Deferred Amounts Related to OPEB |
$1,472 |
$- |
$1,472 |
$69,462 |
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| Net Position |
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| Net Investment in Capital Assets |
$1,256,088 |
$575,987 |
$1,832,075 |
$35,805,445 |
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| Restricted For: |
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| Judicial |
$233,058 |
$- |
$233,058 |
$- |
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| Public Safety |
$119,733 |
$- |
$119,733 |
$- |
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| Health and Welfare |
$252,251 |
$- |
$252,251 |
$- |
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| County Roads |
$- |
$- |
$- |
$27,426 |
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| Capital Projects |
$- |
$- |
$- |
$41,166 |
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| Community and Economic Development |
$1,955,440 |
$- |
$1,955,440 |
$17,131 |
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| Other State Mandated Programs |
$142,824 |
$- |
$142,824 |
$- |
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| Unrestricted (Deficit) |
$7,331,526 |
$7,352,152 |
$20,626 |
$22,695 |
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| Total Net Position |
$3,372,132 |
$7,928,139 |
$4,556,007 |
$35,913,863 |
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| COUNTY OF OGEMAW |
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| West Branch, Michigan |
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| STATEMENT OF ACTIVITIES |
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| For the Year Ended September 30, 2020 |
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| Net (Expense) Revenue and |
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| Changes in Net Position |
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Program Revenues |
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Primary Government |
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Operating |
Capital |
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Charges for |
Grants and |
Grants and |
Governmental |
Business-Type |
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Component |
| Function/Program |
Expenses |
Services |
Contributions |
Contributions |
Activities |
Activities |
Total |
Units |
| Primary Government |
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| Governmental Activities: |
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| General Government: |
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| Legislative and Executive |
$134,422 |
$- |
$- |
$- |
$134,422 |
$- |
$134,422 |
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| Judicial: |
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| Circuit Court |
$150,149 |
$35,227 |
$- |
$- |
$114,922 |
$- |
$114,922 |
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| District Court |
$827,128 |
$687,790 |
$50,760 |
$- |
$88,578 |
$- |
$88,578 |
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| Probate Court |
$610,863 |
$28,017 |
$161,787 |
$- |
$421,059 |
$- |
$421,059 |
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| Other Judicial |
$910,545 |
$34,291 |
$679,563 |
$- |
$196,691 |
$- |
$196,691 |
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| Financial and Tax |
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| Administration |
$1,206,804 |
$241,902 |
$- |
$- |
$964,902 |
$- |
$964,902 |
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| Other General |
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| Government |
$1,988,262 |
$572,505 |
$43,449 |
$- |
$1,372,308 |
$- |
$1,372,308 |
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| Public Safety: |
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| Sheriff |
$1,741,660 |
$29,987 |
$22,019 |
$22,000 |
$1,667,654 |
$- |
$1,667,654 |
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| Jail |
$2,311,542 |
$344,659 |
$19,604 |
$- |
$1,947,279 |
$- |
$1,947,279 |
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| Building and Zoning |
$193,326 |
$250,547 |
$- |
$- |
$57,221 |
$- |
$57,221 |
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| Other Public Safety |
$583,021 |
$67,313 |
$478,048 |
$106,682 |
$69,022 |
$- |
$69,022 |
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| Public Works: |
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| Airport |
$89,400 |
$- |
$- |
$- |
$89,400 |
$- |
$89,400 |
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| Other Public Works |
$33,532 |
$- |
$66,272 |
$- |
$32,740 |
$- |
$32,740 |
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| Health and Welfare: |
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| Health Department |
$- |
$- |
$115,965 |
$- |
$115,965 |
$- |
$115,965 |
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| Probate Child Care |
$725,194 |
$84,510 |
$300,373 |
$- |
$340,311 |
$- |
$340,311 |
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| Other Health and Welfare |
$1,247,482 |
$- |
$- |
$- |
$1,247,482 |
$- |
$1,247,482 |
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| Community and Economic |
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| Development |
$181,259 |
$79,523 |
$43,856 |
$- |
$57,880 |
$- |
$57,880 |
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| Interest and Fees on Long- |
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| Term Debt |
$181,657 |
$- |
$- |
$- |
$181,657 |
$- |
$181,657 |
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| Total Governmental |
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| Activities |
$13,116,246 |
$2,456,271 |
$1,981,696 |
$128,682 |
$8,549,597 |
$- |
$8,549,597 |
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| COUNTY OF OGEMAW |
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| West Branch, Michigan |
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| STATEMENT OF ACTIVITIES |
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| For the Year Ended September 30, 2020 |
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| Net (Expense) Revenue and |
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| Changes in Net Position |
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Program Revenues |
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Primary Government |
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Operating |
Capital |
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Charges for |
Grants and |
Grants and |
Governmental |
Business-Type |
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Component |
| Function/Program |
Expenses |
Services |
Contributions |
Contributions |
Activities |
Activities |
Total |
Units |
| Primary Government (Continued): |
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| Business-Type Activities: |
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| Delinquent Tax Revolving |
$- |
$120,494 |
$- |
$- |
$- |
$120,494 |
$120,494 |
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| County Park |
$57,460 |
$51,116 |
$12,324 |
$- |
$- |
$5,980 |
$5,980 |
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| Tax Reversion |
$152,205 |
$341,355 |
$- |
$- |
$- |
$189,150 |
$189,150 |
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| Public Transit |
$1,116,758 |
$56,424 |
$670,987 |
$320,391 |
$- |
$68,956 |
$68,956 |
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| Total Business-Type |
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| Activities |
$1,326,423 |
$569,389 |
$683,311 |
$320,391 |
$- |
$246,668 |
$246,668 |
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| Total Primary Government |
$14,442,669 |
$3,025,660 |
$2,665,007 |
$449,073 |
$8,549,597 |
$246,668 |
$8,302,929 |
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| Component Units |
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| Drain Commission |
$18,328 |
$- |
$384 |
$- |
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$ (17,944) |
| Road Commission |
$6,390,792 |
$1,235,801 |
$5,349,557 |
$431,332 |
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$625,898 |
| Economic Development |
$21,395 |
$- |
$28,740 |
$- |
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$7,345 |
| Land Bank Authority |
$- |
$- |
$- |
$- |
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$- |
| Total Component Units |
$6,430,515 |
$1,235,801 |
$5,378,681 |
$431,332 |
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$615,299 |
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| COUNTY OF OGEMAW |
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| West Branch, Michigan |
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| STATEMENT OF ACTIVITIES |
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| For the Year Ended September 30, 2020 |
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| Net (Expense) Revenue and |
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| Changes in Net Position |
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Program Revenues |
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|
Primary Government |
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Operating |
Capital |
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Charges for |
Grants and |
Grants and |
Governmental |
Business-Type |
|
Component |
| Function/Program |
Expenses |
Services |
Contributions |
Contributions |
Activities |
Activities |
Total |
Units |
| General Revenues: |
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| Property Taxes Levied For: |
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| General Operating |
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|
$5,713,784 |
$- |
$5,713,784 |
$- |
| Payment in Lieu of Taxes |
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|
$3,327 |
$- |
$3,327 |
$- |
| MSU Extension |
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|
$126,537 |
$- |
$126,537 |
$- |
| Veterans Services |
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|
$141,977 |
$- |
$141,977 |
$- |
| Public Transit |
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|
|
$- |
$254,388 |
$254,388 |
$- |
| Senior Services |
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|
$672,062 |
$- |
$672,062 |
$- |
| State Revenue Sharing |
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|
$362,693 |
$- |
$362,693 |
$- |
| Contributions from Local Units |
|
|
|
|
$63,960 |
$- |
$63,960 |
$- |
| Interest and Investment Earnings |
|
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|
$6,281 |
$362,467 |
$368,748 |
$30,677 |
| Gain (Loss) on Disposal of Capital Assets |
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|
$38,684 |
$4,500 |
$43,184 |
$27,029 |
| Other |
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|
$126,589 |
$1,279 |
$127,868 |
$13,469 |
| Transfers |
|
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|
$526,667 |
$526,667 |
$- |
$- |
| Total General Revenues and Transfers |
|
|
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|
$7,782,561 |
$95,967 |
$7,878,528 |
$71,175 |
| Change in Net Position |
|
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|
|
$767,036 |
$342,635 |
$424,401 |
$686,474 |
| Net Position - Beginning (Restated) |
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|
$2,605,096 |
$7,585,504 |
$4,980,408 |
$35,227,389 |
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| Net Position - Ending |
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|
$3,372,132 |
$7,928,139 |
$4,556,007 |
$35,913,863 |
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| COUNTY OF OGEMAW |
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| West Branch, Michigan |
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| BALANCE SHEET |
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| GOVERNMENTAL FUNDS |
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| September 30, 2020 |
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| Special |
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| Revenue Funds |
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Housing |
Other |
Total |
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Commission |
Governmental |
Governmental |
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General Fund |
Fund |
Funds |
Funds |
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| Assets |
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| Cash and Cash Equivalents |
$- |
$45,064 |
$954,806 |
$999,870 |
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| Receivables: |
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|
|
|
|
|
|
| Property Taxes |
$880,901 |
$- |
$- |
$880,901 |
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|
|
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| Accounts, Net |
$192,470 |
$- |
$30,903 |
$223,373 |
|
|
|
|
| Mortgages Receivable |
$- |
$56,312 |
$- |
$56,312 |
|
|
|
|
| Due from Local Units |
$- |
$- |
$32,520 |
$32,520 |
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|
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| Due from State |
$278,609 |
$38,114 |
$269,744 |
$586,467 |
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| Due from Other Units of Government |
$94,082 |
$- |
$1,249 |
$95,331 |
|
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|
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| Due from Other Funds |
$28,851 |
$- |
$- |
$28,851 |
|
|
|
|
| Noncurrent Assets: |
|
|
|
|
|
|
|
|
| Long-Term Mortgages Receivable |
$- |
$1,893,694 |
$- |
$1,893,694 |
|
|
|
|
| Total Assets |
$1,474,913 |
$2,033,184 |
$1,289,222 |
$4,797,319 |
|
|
|
|
| Liabilities |
|
|
|
|
|
|
|
|
| Accounts Payable |
$59,143 |
$13,026 |
$47,541 |
$119,710 |
|
|
|
|
| Due to Other Funds |
$685,851 |
$- |
$1,846 |
$687,697 |
|
|
|
|
| Due to Local Units |
$27,419 |
$- |
$- |
$27,419 |
|
|
|
|
| Due to Other Units of Government |
$138,344 |
$42 |
$82,960 |
$221,346 |
|
|
|
|
| Accrued Liabilities |
$109,256 |
$- |
$13,273 |
$122,529 |
|
|
|
|
| Unearned Revenue |
$2,634 |
$- |
$- |
$2,634 |
|
|
|
|
| Total Liabilities |
$1,022,647 |
$13,068 |
$145,620 |
$1,181,335 |
|
|
|
|
| Deferred Inflows of Resources |
|
|
|
|
|
|
|
|
| Unavailable Revenue - Property Taxes |
$397,009 |
$- |
$- |
$397,009 |
|
|
|
|
| Unavailable Revenue - Mortgages |
$- |
$1,950,006 |
$- |
$1,950,006 |
|
|
|
|
| Unavailable Revenue - Grants |
$55,257 |
$27,356 |
$253,645 |
$336,258 |
|
|
|
|
| Total Deferred Inflows of Resources |
$452,266 |
$1,977,362 |
$253,645 |
$2,683,273 |
|
|
|
|
| Fund Equity |
|
|
|
|
|
|
|
|
| Fund Balances: |
|
|
|
|
|
|
|
|
| Restricted |
$- |
$42,754 |
$671,421 |
$714,175 |
|
|
|
|
| Committed |
$- |
$- |
$218,536 |
$218,536 |
|
|
|
|
| Total Fund Equity |
$- |
$42,754 |
$889,957 |
$932,711 |
|
|
|
|
| Total Liabilities, Deferred Inflows of Resources |
|
|
|
|
|
|
|
|
| and Fund Equity |
$1,474,913 |
$2,033,184 |
$1,289,222 |
$4,797,319 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| COUNTY OF OGEMAW |
|
|
|
|
|
|
|
|
| West Branch, Michigan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCES |
|
|
|
|
|
|
|
| GOVERNMENTAL FUNDS |
|
|
|
|
|
|
|
|
| For the Year Ended September 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Special |
|
|
|
|
|
|
|
|
| Revenue Funds |
|
|
|
|
|
|
|
|
|
|
Housing |
Other |
Total |
|
|
|
|
|
|
Commission |
Governmental |
Governmental |
|
|
|
|
|
General Fund |
Fund |
Funds |
Funds |
|
|
|
|
| Revenue |
|
|
|
|
|
|
|
|
| Property Taxes |
$6,379,551 |
$- |
$234,496 |
$6,614,047 |
|
|
|
|
| Federal Grants and Revenue |
$515,772 |
$201,361 |
$224,219 |
$941,352 |
|
|
|
|
| State Grants and Revenue |
$739,729 |
$- |
$516,179 |
$1,255,908 |
|
|
|
|
| State Shared Revenue |
$353,268 |
$- |
$- |
$353,268 |
|
|
|
|
| Local Grants |
$- |
$21,725 |
$- |
$21,725 |
|
|
|
|
| Contributions from Other Governments |
$63,960 |
$- |
$- |
$63,960 |
|
|
|
|
| Licenses and Permits |
$265,324 |
$- |
$- |
$265,324 |
|
|
|
|
| Charges for Services |
$1,696,381 |
$- |
$147,929 |
$1,844,310 |
|
|
|
|
| Fines and Forfeits |
$30,545 |
$- |
$1,305 |
$31,850 |
|
|
|
|
| Interest and Rentals |
$41,215 |
$93 |
$24 |
$41,332 |
|
|
|
|
| Other Revenue |
$11,234 |
$- |
$247,123 |
$258,357 |
|
|
|
|
| Total Revenue |
$10,096,979 |
$223,179 |
$1,371,275 |
$11,691,433 |
|
|
|
|
| Expenditures |
|
|
|
|
|
|
|
|
| Current: |
|
|
|
|
|
|
|
|
| General Government: |
|
|
|
|
|
|
|
|
| Legislative and Executive |
$143,977 |
$- |
$- |
$143,977 |
|
|
|
|
| Judicial |
$1,580,263 |
$- |
$776,931 |
$2,357,194 |
|
|
|
|
| Financial and Tax Administration |
$1,055,473 |
$- |
$- |
$1,055,473 |
|
|
|
|
| Other General Government |
$1,575,140 |
$- |
$105,659 |
$1,680,799 |
|
|
|
|
| Public Safety |
$4,071,599 |
$- |
$38,135 |
$4,109,734 |
|
|
|
|
| Public Works |
$118,667 |
$- |
$- |
$118,667 |
|
|
|
|
| Health and Welfare |
$1,138,404 |
$- |
$803,545 |
$1,941,949 |
|
|
|
|
| Community and Economic Development |
$11,170 |
$245,952 |
$103,454 |
$360,576 |
|
|
|
|
| Capital Outlay |
$255,683 |
$- |
$59,499 |
$315,182 |
|
|
|
|
| Debt Service: |
|
|
|
|
|
|
|
|
| Principal |
$20,500 |
$- |
$215,000 |
$235,500 |
|
|
|
|
| Interest and Fiscal Charges |
$- |
$- |
$158,375 |
$158,375 |
|
|
|
|
| Total Expenditures |
$9,970,876 |
$245,952 |
$2,260,598 |
$12,477,426 |
|
|
|
|
| Excess of Revenue Over (Under) Expenditures |
$126,103 |
$22,773 |
$889,323 |
$785,993 |
|
|
|
|
| Other Financing Sources (Uses) |
|
|
|
|
|
|
|
|
| Installment Purchase Agreement Proceeds |
$63,615 |
$- |
$- |
$63,615 |
|
|
|
|
| Sale of Capital Assets |
$77,170 |
$- |
$- |
$77,170 |
|
|
|
|
| Operating Transfers In |
$611,667 |
$- |
$1,072,783 |
$1,684,450 |
|
|
|
|
| Operating Transfers Out |
$1,072,783 |
$- |
$85,000 |
$1,157,783 |
|
|
|
|
| Total Other Financing Sources (Uses) |
$320,331 |
$- |
$987,783 |
$667,452 |
|
|
|
|
| Net Change in Fund Balances |
$194,228 |
$22,773 |
$98,460 |
$118,541 |
|
|
|
|
| Fund Balances - Beginning of Year |
$194,228 |
$65,527 |
$791,497 |
$1,051,252 |
|
|
|
|
| Fund Balances - End of Year |
$- |
$42,754 |
$889,957 |
$932,711 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| COUNTY OF OGEMAW |
|
|
|
|
|
|
|
|
| West Branch, Michigan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| STATEMENT OF NET POSITION |
|
|
|
|
|
|
|
|
| PROPRIETARY FUNDS |
|
|
|
|
|
|
|
|
| September 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Enterprise Funds |
|
|
|
|
|
|
|
|
| Major Funds |
|
|
|
|
|
|
|
|
|
Ogemaw County |
|
|
|
Other Enterprise |
|
|
|
|
Public Transit |
Tax Umbrella |
2019 DTRF |
2017 DTRF |
Funds |
Total |
|
|
| Assets |
|
|
|
|
|
|
|
|
| Current Assets |
|
|
|
|
|
|
|
|
| Cash and Cash Equivalents |
$419,265 |
$- |
$- |
$323,811 |
$2,582,313 |
$3,325,389 |
|
|
| Investments |
$- |
$- |
$1,000,000 |
$- |
$1,009,794 |
$2,009,794 |
|
|
| Receivables: |
|
|
|
|
|
|
|
|
| Delinquent Taxes |
$- |
$3,915 |
$1,179,762 |
$39,681 |
$316,627 |
$1,539,985 |
|
|
| Accounts, Net |
$2,092 |
$- |
$- |
$1,737 |
$17,231 |
$21,060 |
|
|
| Interest Receivable |
$2,268 |
$- |
$- |
$- |
$151 |
$2,419 |
|
|
| Due from State |
$165,745 |
$- |
$- |
$- |
$- |
$165,745 |
|
|
| Due from Other Units of Government |
$283 |
$442 |
$- |
$- |
$48,820 |
$49,545 |
|
|
| Due from Other Funds |
$- |
$5,180,288 |
$877,105 |
$2,008,740 |
$56,568 |
$8,122,701 |
|
|
| Total Current Assets |
$589,653 |
$5,184,645 |
$3,056,867 |
$2,373,969 |
$4,031,504 |
$15,236,638 |
|
|
| Noncurrent Assets: |
|
|
|
|
|
|
|
|
| Capital Assets, Net of Accumulated Depreciation |
$535,204 |
$- |
$- |
$- |
$40,783 |
$575,987 |
|
|
| Total Assets |
$1,124,857 |
$5,184,645 |
$3,056,867 |
$2,373,969 |
$4,072,287 |
$15,812,625 |
|
|
| Deferred Outflows of Resources |
|
|
|
|
|
|
|
|
| Deferred Amounts Related to Pensions |
$59,558 |
$- |
$- |
$- |
$- |
$59,558 |
|
|
| Liabilities |
|
|
|
|
|
|
|
|
| Current Liabilities: |
|
|
|
|
|
|
|
|
| Accounts Payable |
$4,890 |
$- |
$- |
$- |
$28,807 |
$33,697 |
|
|
| Due to Other Funds |
$- |
$1,755,206 |
$2,927,638 |
$1,995,333 |
$785,678 |
$7,463,855 |
|
|
| Due to Local Units |
$- |
$- |
$31 |
$169 |
$5,051 |
$5,251 |
|
|
| Due to Other Units of Government |
$- |
$18,774 |
$- |
$- |
$7,188 |
$25,962 |
|
|
| Accrued Liabilities |
$15,128 |
$- |
$- |
$- |
$- |
$15,128 |
|
|
| Current Portion of Long-Term Liabilities |
$15,737 |
$- |
$- |
$- |
$- |
$15,737 |
|
|
| Total Current Liabilities |
$35,755 |
$1,773,980 |
$2,927,669 |
$1,995,502 |
$826,724 |
$7,559,630 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| COUNTY OF OGEMAW |
|
|
|
|
|
|
|
|
| West Branch, Michigan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| STATEMENT OF NET POSITION |
|
|
|
|
|
|
|
|
| PROPRIETARY FUNDS |
|
|
|
|
|
|
|
|
| September 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Enterprise Funds |
|
|
|
|
|
|
|
|
| Major Funds |
|
|
|
|
|
|
|
|
|
Ogemaw County |
|
|
|
Other Enterprise |
|
|
|
|
Public Transit |
Tax Umbrella |
2019 DTRF |
2017 DTRF |
Funds |
Total |
|
|
| Long-Term Liabilities: |
|
|
|
|
|
|
|
|
| Due in More Than One Year |
$19,780 |
$- |
$- |
$- |
$- |
$19,780 |
|
|
| Net Pension Liability |
$364,634 |
$- |
$- |
$- |
$- |
$364,634 |
|
|
| Total Long-Term Liabilities |
$384,414 |
$- |
$- |
$- |
$- |
$384,414 |
|
|
| Total Liabilities |
$420,169 |
$1,773,980 |
$2,927,669 |
$1,995,502 |
$826,724 |
$7,944,044 |
|
|
| Net Position |
|
|
|
|
|
|
|
|
| Net Investment in Capital Assets |
$535,204 |
$- |
$- |
$- |
$40,783 |
$575,987 |
|
|
| Unrestricted |
$229,042 |
$3,410,665 |
$129,198 |
$378,467 |
$3,204,780 |
$7,352,152 |
|
|
| Total Net Position |
$764,246 |
$3,410,665 |
$129,198 |
$378,467 |
$3,245,563 |
$7,928,139 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| COUNTY OF OGEMAW |
|
|
|
|
|
|
|
|
| West Branch, Michigan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| STATEMENT OF REVENUE, EXPENSES AND CHANGES IN NET POSITION |
|
|
|
|
|
|
|
| PROPRIETARY FUNDS |
|
|
|
|
|
|
|
|
| For the Year Ended September 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Enterprise |
Funds |
|
|
|
|
|
|
|
| Major Funds |
|
|
|
|
|
|
|
|
|
Ogemaw County |
|
|
|
Other Enterprise |
|
|
|
|
Public Transit |
Tax Umbrella |
2019 DTRF |
2017 DTRF |
Funds |
Total |
|
|
| Operating Revenue |
|
|
|
|
|
|
|
|
| Charges For Services |
$51,969 |
$- |
$- |
$- |
$341,355 |
$393,324 |
|
|
| Tax Collection Fees |
$- |
$- |
$67,358 |
$8,213 |
$44,923 |
$120,494 |
|
|
| User Fees |
$- |
$- |
$- |
$- |
$51,116 |
$51,116 |
|
|
| Interest and Penalties on Taxes |
$- |
$- |
$61,840 |
$75,093 |
$176,742 |
$313,675 |
|
|
| Rentals |
$- |
$- |
$- |
$- |
$240 |
$240 |
|
|
| Other Revenue |
$5,194 |
$- |
$- |
$- |
$300 |
$5,494 |
|
|
| Total Operating Revenue |
$57,163 |
$- |
$129,198 |
$83,306 |
$614,676 |
$884,343 |
|
|
| Operating Expenses |
|
|
|
|
|
|
|
|
| Salaries and Wages |
$503,348 |
$- |
$- |
$- |
$1,390 |
$504,738 |
|
|
| Payroll Taxes and Employee Benefits |
$300,824 |
$- |
$- |
$- |
$82 |
$300,906 |
|
|
| Administrative Costs |
$35,388 |
$- |
$- |
$- |
$- |
$35,388 |
|
|
| Advertising |
$865 |
$- |
$- |
$- |
$- |
$865 |
|
|
| Communications |
$540 |
$- |
$- |
$- |
$- |
$540 |
|
|
| Contractual Services |
$3,653 |
$- |
$- |
$- |
$7,680 |
$11,333 |
|
|
| Depreciation |
$145,840 |
$- |
$- |
$- |
$9,278 |
$155,118 |
|
|
| Dues and Subscriptions |
$937 |
$- |
$- |
$- |
$1,625 |
$2,562 |
|
|
| Equipment |
$82 |
$- |
$- |
$- |
$800 |
$882 |
|
|
| Equipment Rental |
$817 |
$- |
$- |
$- |
$- |
$817 |
|
|
| Gasoline and Oil |
$51,117 |
$- |
$- |
$- |
$50 |
$51,167 |
|
|
| Insurance and Bonds |
$28,120 |
$- |
$- |
$- |
$2,950 |
$31,070 |
|
|
| Licenses and Permits |
$72 |
$- |
$- |
$- |
$- |
$72 |
|
|
| Office Supplies |
$765 |
$- |
$- |
$- |
$128 |
$893 |
|
|
| Operating Supplies |
$2,481 |
$- |
$- |
$- |
$19,372 |
$21,853 |
|
|
| Printing and Advertising |
$- |
$- |
$- |
$- |
$601 |
$601 |
|
|
| Professional Fees and Services |
$9,025 |
$- |
$- |
$- |
$108,240 |
$117,265 |
|
|
| Repair and Maintenance |
$19,303 |
$- |
$- |
$- |
$6,053 |
$25,356 |
|
|
| Small Tools |
$1,505 |
$- |
$- |
$- |
$- |
$1,505 |
|
|
| Telephone |
$2,141 |
$- |
$- |
$- |
$- |
$2,141 |
|
|
| Travel and Training |
$221 |
$- |
$- |
$- |
$45 |
$266 |
|
|
| Uniforms |
$849 |
$- |
$- |
$- |
$- |
$849 |
|
|
| Utilities |
$8,865 |
$- |
$- |
$- |
$23,874 |
$32,739 |
|
|
| Other |
$- |
$- |
$- |
$- |
$27,497 |
$27,497 |
|
|
| Total Operating Expenses |
$1,116,758 |
$- |
$- |
$- |
$209,665 |
$1,326,423 |
|
|
| Operating Income (Loss) |
$1,059,595 |
$- |
$129,198 |
$83,306 |
$405,011 |
$442,080 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| COUNTY OF OGEMAW |
|
|
|
|
|
|
|
|
| West Branch, Michigan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| STATEMENT OF REVENUE, EXPENSES AND CHANGES IN NET POSITION |
|
|
|
|
|
|
|
| PROPRIETARY FUNDS |
|
|
|
|
|
|
|
|
| For the Year Ended September 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Enterprise |
Funds |
|
|
|
|
|
|
|
| Major Funds |
|
|
|
|
|
|
|
|
|
Ogemaw County |
|
|
|
Other Enterprise |
|
|
|
|
Public Transit |
Tax Umbrella |
2019 DTRF |
2017 DTRF |
Funds |
Total |
|
|
| Nonoperating Revenue (Expenses) |
|
|
|
|
|
|
|
|
| Property Taxes |
$254,388 |
$- |
$- |
$- |
$- |
$254,388 |
|
|
| State Grants and Revenue |
$339,142 |
$- |
$- |
$- |
$- |
$339,142 |
|
|
| Federal Grants and Revenue |
$331,845 |
$- |
$- |
$- |
$- |
$331,845 |
|
|
| Interest and Investment Earnings |
$6,842 |
$- |
$- |
$13,644 |
$28,306 |
$48,792 |
|
|
| Contributions |
$- |
$- |
$- |
$- |
$12,324 |
$12,324 |
|
|
| Gain (Loss) on Disposal of Capital Assets |
$4,500 |
$- |
$- |
$- |
$- |
$4,500 |
|
|
| Total Nonoperating Revenue (Expenses) |
$936,717 |
$- |
$- |
$13,644 |
$40,630 |
$990,991 |
|
|
| Income (Loss) Before Capital Contributions and Transfers |
$122,878 |
$- |
$129,198 |
$96,950 |
$445,641 |
$548,911 |
|
|
| Capital Contributions and Transfers |
|
|
|
|
|
|
|
|
| Capital Contributions - Federal |
$256,314 |
$- |
$- |
$- |
$- |
$256,314 |
|
|
| Capital Contributions - State |
$64,077 |
$- |
$- |
$- |
$- |
$64,077 |
|
|
| Operating Transfers Out |
$- |
$416,667 |
$- |
$- |
$110,000 |
$526,667 |
|
|
| Total Capital Contributions and Transfers |
$320,391 |
$416,667 |
$- |
$- |
$110,000 |
$206,276 |
|
|
| Change in Net Position |
$197,513 |
$416,667 |
$129,198 |
$96,950 |
$335,641 |
$342,635 |
|
|
| Net Position - Beginning of Year (Restated) |
$566,733 |
$3,827,332 |
$- |
$281,517 |
$2,909,922 |
$7,585,504 |
|
|
|
|
|
|
|
|
|
|
|
| Net Position - End of Year |
$764,246 |
$3,410,665 |
$129,198 |
$378,467 |
$3,245,563 |
$7,928,139 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| COUNTY OF OGEMAW |
|
|
|
|
|
|
|
|
| West Branch, Michigan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| STATEMENT OF CASH FLOWS |
|
|
|
|
|
|
|
|
| PROPRIETARY FUNDS |
|
|
|
|
|
|
|
|
| For the Year Ended September 30, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Enterprise |
Funds |
|
|
|
|
|
|
|
| Major Funds |
|
|
|
|
|
|
|
|
|
Ogemaw County |
|
|
|
Other Enterprise |
|
|
|
|
Public Transit |
Tax Umbrella |
2019 DTRF |
2017 DTRF |
Funds |
Total |
|
|
| Cash Flows From Operating Activities |
|
|
|
|
|
|
|
|
| Receipts From Customers and Taxpayers |
$57,161 |
$- |
$129,198 |
$90,066 |
$607,350 |
$883,775 |
|
|
| Payments to Suppliers for Goods and Services |
$169,275 |
$30 |
$31 |
$- |
$97,581 |
$266,855 |
|
|
| Payments to Employees for Services |
$751,978 |
$- |
$- |
$- |
$1,472 |
$753,450 |
|
|
| Delinquent Taxes Collected (Purchased) |
$- |
$- |
$1,179,762 |
$206,471 |
$1,135,067 |
$161,776 |
|
|
| Net Cash Provided (Used) by Operating Activities |
$864,092 |
$30 |
$1,050,533 |
$296,537 |
$1,643,364 |
$25,246 |
|
|
| Cash Flows From Non-Capital Financing Activities |
|
|
|
|
|
|
|
|
| Federal/State Operating Grants |
$611,407 |
$- |
$- |
$- |
$- |
$611,407 |
|
|
| Property Taxes |
$254,388 |
$- |
$- |
$- |
$- |
$254,388 |
|
|
| Operating Subsidies and Transfers From (To) Other Funds/Component Units |
$- |
$30 |
$2,050,533 |
$2,005,609 |
$1,253,042 |
$1,208,088 |
|
|
| Intergovernmental Contributions |
$- |
$- |
$- |
$- |
$12,324 |
$12,324 |
|
|
| Net Cash Provided (Used) by Non-Capital Financing Activities |
$865,795 |
$30 |
$2,050,533 |
$2,005,609 |
$1,240,718 |
$329,969 |
|
|
| Cash Flows From Capital and Related Financing Activities |
|
|
|
|
|
|
|
|
| Federal/State Capital Grants |
$322,614 |
$- |
$- |
$- |
$- |
$322,614 |
|
|
| Proceeds from Sale of Capital Assets |
$4,500 |
$- |
$- |
$- |
$- |
$4,500 |
|
|
| Acquisition and Construction of Capital Assets |
$320,203 |
$- |
$- |
$- |
$7,983 |
$328,186 |
|
|
| Net Cash Provided (Used) by Capital and Related Financing Activities |
$6,911 |
$- |
$- |
$- |
$7,983 |
$1,072 |
|
|
| Cash Flows From Investing Activities |
|
|
|
|
|
|
|
|
| Interest Earned |
$6,756 |
$- |
$- |
$16,231 |
$29,803 |
$52,790 |
|
|
| Redemption (Purchase) of Investment Securities |
$- |
$- |
$1,000,000 |
$2,016,652 |
$490,206 |
$1,506,858 |
|
|
| Net Cash Provided (Used) by Investing Activities |
$6,756 |
$- |
$1,000,000 |
$2,032,883 |
$520,009 |
$1,559,648 |
|
|
| Net Increase (Decrease) in Cash and Cash Equivalents |
$15,370 |
$- |
$- |
$323,811 |
$914,672 |
$1,253,853 |
|
|
| Cash and Cash Equivalents at Beginning of Year |
$403,895 |
$- |
$- |
$- |
$1,667,641 |
$2,071,536 |
|
|
|
|
|
|
|
|
|
|
|
| Cash and Cash Equivalents at End of Year |
$419,265 |
$- |
$- |
$323,811 |
$2,582,313 |
$3,325,389 |
|
|
|
|
|
|
|
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