BROWARD COUNTY, FLORIDA Annual Financial Audit Report Pursuant to Section 218.39, Florida Statutes For the Fiscal Year Ended September 30, 2008 (With Independent Auditors’ Report Thereon) This is trial version www.adultpdf.com BROWARD COUNTY, FLORIDA Annual Financial Audit Report Pursuant to Section 218.39, Florida Statutes For the Year Ended September 30, 2008 TABLE OF CONTENTS Broward County Part I Independent Certified Public Accountants Report on the Comprehensive Annual Financial Report Independent Certified Public Accountants Report on Internal Control over Financial Reporting and on Compliance Independent Certified Public Accountants Management Letter Independent Certified Public Accountants Report on the Single Audit Report Clerk of the Circuit and County Courts Independent Auditors’ Report on the Special-Purpose Financial Statements Independent Auditors’ Report on Internal Control over Financial Reporting and on Compliance Independent Auditors’ Management Letter Independent Auditors’ Report on Additional Information Property Appraiser’s Office Part III Independent Certified Public Accountants Report on the Special-Purpose Financial Statements Independent Certified Public Accountants Report on Internal Control over Financial Reporting and on Compliance Independent Certified Public Accountants Management Letter This is trial version www.adultpdf.com Part II Sheriff’s Office Part IV Independent Certified Public Accountants Report on the Special-Purpose Financial Statements Independent Certified Public Accountants Report on Internal Control over Financial Reporting and on Compliance Independent Certified Public Accountants Management Letter Supervisor of Elections’ Office Independent Auditors’ Report on the Special-Purpose Financial Statements Independent Auditors’ Report on Internal Control over Financial Reporting and on Compliance Independent Auditors’ Management Letter This is trial version www.adultpdf.com Part V PART I BROWARD COUNTY This is trial version www.adultpdf.com 2008 COMPREHENSIVE ANNUAL FINANCIAL REPORT - BROWARD COUNTY FLORIDA Finance and Administrative Services Department Accounting Division 115 South Andrews Avenue Fort Lauderdale, FL 33301 www.broward.org/accounting This is trial version www.adultpdf.com Broward County Commission District Ilene Lieberman 954-357-7001 FAX 954-357-7295 ilieberman@broward.org District Kristin D Jacobs 954-357-7002 FAX 954-523-3302 kjacobs@broward.org District Stacy Ritter FY07-08 Vice Mayor FY08-09 Mayor 954-357-7003 FAX 954-357-7319 sritter@broward.org District Ken Keechl FY08-09 Vice Mayor 954-357-7004 FAX 954-357-7798 kkeechl@broward.org District Lois Wexler FY07-08 Mayor 954-357-7005 FAX 954-357-7044 lwexler@broward.org District Sue Gunzburger 954-357-7006 FAX 954-357-7129 sgunzburger@broward.org The County Commission meets in formal session on the first four Tuesdays of each month at 10 a.m in Room 422 of the Broward County Governmental Center Clerk of the Courts Howard C Forman 954-831-7168 www.browardclerk.org District John E Rodstrom, Jr 954-357-7007 FAX 954-357-8088 jrodstrom@broward.org Sheriff Al Lamberti 954-831-8900 www.sheriff.org State Attorney Property appraiser District District Public Defender Michael J Satz 954-831-7900 www.sao17.state.fl.us Lori Nance Parrish 954-357-6830 www.bcpa.net Diana Wasserman-Rubin 954-357-7008 FAX 954-357-5704 dwassermanrubin@broward.org Josephus Eggelletion, Jr 954-357-7009 FAX 954-357-5707 jeggelletion@broward.org BROWARD COUNTY GOVERNMENTAL CENTER 115 South Andrews Avenue Fort Lauderdale, Florida 33301 www.broward.org Broward County Constitutional Officers Broward County is a diverse, vibrant, urban community on the edge of Florida’s Everglades, and it is an environmentally sensitive community with award-winning parks and beaches and substantial green space for residents to enjoy From seagrass to sawgrass, our natural resources are among our most valued community assets and the Board of County Commissioners is committed to protecting and preserving them Broward County promotes environmental stewardship and conservation in their daily operations This is trial version www.adultpdf.com Howard Finkelstein 954-831-8650 www.browarddefender.com chief judge 17th Judicial circuit Victor Tobin 954-831-7837 www.17th.flcourts.org Supervisor of elections Dr Brenda C Snipes 954-357-7050 www.browardsoe.org 2008 Comprehensive Annual Financial Report Broward County, Florida Fiscal Year Ended September 30, 2008 Prepared by: Accounting Division John T Pryor, C.P.A., Director Finance and Administrative Services Department Michael Geoghegan, CFO/Director This is trial version www.adultpdf.com COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Fiscal Year Ended September 30, 2008 TABLE OF CONTENTS INTRODUCTORY SECTION Page County Administrator's Message Letter of Transmittal Certificate of Achievement Organizational Chart FINANCIAL SECTION Report of Independent Certified Public Accountants Management's Discussion and Analysis Basic Financial Statements Government-Wide Financial Statements 10 12 Statement of Net Assets 19 Statement of Activities 20 Fund Financial Statements Governmental Funds Financial Statements Balance Sheet 21 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets 22 Statement of Revenues, Expenditures and Changes in Fund Balances Reconciliation of the Governmental Funds Statement of Revenues, Expenditures and Changes in Fund Balances to the Statement of Activities Proprietary Funds Financial Statements 23 24 Statement of Net Assets 25 Statement of Revenues, Expenses and Changes in Fund Net Assets 26 Statement of Cash Flows 27 Fiduciary Funds Financial Statements Statement of Fiduciary Assets and Liabilities - Agency Funds 29 Component Units Financial Statements Statement of Net Assets 30 Statement of Activities 31 Notes to Financial Statements Required Supplementary Information Budgetary Comparison Schedules - Major Funds 32 Note to Required Supplementary Information 58 General Fund 59 Sheriff Operations Fund 61 County Transportation Trust Fund 62 Other Postemployment Benefits - Schedule of Funding Progress i This is trial version www.adultpdf.com 2008 Comprehensive Annual Financial Report • Broward County, Florida 63 ... Office Independent Auditors’ Report on the Special-Purpose Financial Statements Independent Auditors’ Report on Internal Control over Financial Reporting and on Compliance Independent Auditors’. ..BROWARD COUNTY, FLORIDA Annual Financial Audit Report Pursuant to Section 218.39, Florida Statutes For the Year Ended September 30, 2008 TABLE OF CONTENTS Broward County Part I Independent Certified... Statements Independent Auditors’ Report on Internal Control over Financial Reporting and on Compliance Independent Auditors’ Management Letter Independent Auditors’ Report on Additional Information Property