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  • ANNUAL FINANCIAL REPORT

    GRAINGER COUNTY, TENNESSEE FOR THE YEAR ENDED JUNE 30, 2019

    DIVISION OF LOCAL GOVERNMENT AUDIT

  • ANNUAL FINANCIAL REPORT

    GRAINGER COUNTY, TENNESSEE

    FOR THE YEAR ENDED JUNE 30, 2019

    COMPTROLLER OF THE TREASURY JUSTIN P. WILSON

    DIVISION OF LOCAL GOVERNMENT AUDIT JAMES R. ARNETTE

    Director

    VERNA DAVIS, CPA CODY EIDSON MARK TREECE, CPA, CGFM GREG BRUSH, CISA Audit Manager State Auditors

    This financial report is available at www.comptroller.tn.gov

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  • Exhibit Page(s)

    Summary of Audit Findings 6

    INTRODUCTORY SECTION 7

    Grainger County Officials 8

    FINANCIAL SECTION 9

    Independent Auditor's Report 10-13 BASIC FINANCIAL STATEMENTS: 14

    Government-wide Financial Statements: Statement of Net Position A 15-16 Statement of Activities B 17-18

    Fund Financial Statements: Governmental Funds:

    Balance Sheet C-1 19-20 Reconciliation of the Balance Sheet of Governmental Funds

    to the Statement of Net Position C-2 21 Statement of Revenues, Expenditures, and Changes in

    Fund Balances C-3 22-23 Reconciliation of the Statement of Revenues, Expenditures,

    and Changes in Fund Balances of Governmental Funds to the Statement of Activities C-4 24

    Statements of Revenues, Expenditures, and Changes in Fund Balances – Actual (Budgetary Basis) and Budget:

    General Fund C-5 25-28 Highway/Public Works Fund C-6 29

    Fiduciary Funds: Statement of Fiduciary Assets and Liabilities D 30

    Index and Notes to the Financial Statements 31-89 REQUIRED SUPPLEMENTARY INFORMATION: 90

    Schedule of Changes in Net Pension Liability (Asset) and Related Ratios Based on Participation in the Public Employee Pension Plan of TCRS – Primary Government E-1 91

    Schedule of Contributions Based on Participation in the Public Employee Pension Plan of TCRS – Primary Government E-2 92

    Schedule of Contributions Based on Participation in the Teacher Retirement Plan of TCRS – Discretely Presented Grainger County School Department E-3 93

    Schedule of Contributions Based on Participation in the Teacher Legacy Pension Plan of TCRS – Discretely Presented Grainger County School Department E-4 94

    GRAINGER COUNTY, TENNESSEE TABLE OF CONTENTS

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  • Exhibit Page(s)

    Schedule of Proportionate Share of the Net Pension Liability (Asset) in the Teacher Pension Plan of TCRS – Discretely Presented Grainger County School Department E-5 95

    Schedule of Proportionate Share of the Net Pension Liability (Asset) in the Teacher Legacy Pension Plan of TCRS – Discretely Presented Grainger County School Department E-6 93

    Schedule of Changes in the Total OPEB Liability and Related Ratios - Local Education Plan – Discretely Presented Grainger County School Department E-7 97

    Notes to the Required Supplemental Information 98 COMBINING AND INDIVIDUAL FUND FINANCIAL

    STATEMENTS AND SCHEDULES: 99 Nonmajor Governmental Funds: 100-101

    Combining Balance Sheet F-1 102-105 Combining Statement of Revenues, Expenditures, and Changes

    in Fund Balances F-2 106-109 Schedules of Revenues, Expenditures, and Changes in Fund

    Balances – Actual (Budgetary Basis) and Budget: Courthouse and Jail Maintenance Fund F-3 110 Law Library Fund F-4 111 Solid Waste/Sanitation Fund F-5 112 Drug Control Fund F-6 113 Sports and Recreation Fund F-7 114

    Major Governmental Fund: 115 Schedule of Revenues, Expenditures, and Changes in Fund

    Balance – Actual and Budget: General Debt Service Fund G 116

    Fiduciary Funds: 117 Combining Statement of Fiduciary Assets and Liabilities H-1 118 Combining Statement of Changes in Assets and Liabilities –

    All Agency Funds H-2 119 Component Unit:

    Discretely Presented Grainger County School Department: 120 Statement of Activities I-1 121 Balance Sheet – Governmental Funds I-2 122 Reconciliation of the Balance Sheet of Governmental Funds

    to the Statement of Net Position I-3 123 Statement of Revenues, Expenditures, and Changes in Fund

    Balances – Governmental Funds I-4 124 Reconciliation of the Statement of Revenues, Expenditures,

    and Changes in Fund Balances of Governmental Funds to the Statement of Activities I-5 125

    Combining Balance Sheet – Nonmajor Governmental Funds I-6 126 Combining Statement of Revenues, Expenditures, and

    Changes in Fund Balances – Nonmajor Governmental Funds I-7 127 Schedules of Revenues, Expenditures, and Changes in Fund

    Balances – Actual (Budgetary Basis) and Budget: General Purpose School Fund I-8 128-129 School Federal Projects Fund I-9 130 Central Cafeteria Fund I-10 131

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  • Exhibit Page(s)

    Miscellaneous Schedules: 132 Schedule of Changes in Long-term Notes, Bonds, and Other Loans

    Payable J-1 133 Schedule of Long-term Debt Requirements by Year J-2 134-135 Schedule of Salaries and Official Bonds of Principal Officials –

    Primary Government and Discretely Presented Grainger County School Department J-3 136

    Schedule of Detailed Revenues – All Governmental Fund Types J-4 137-148 Schedule of Detailed Revenues – All Governmental Fund Types –

    Discretely Presented Grainger County School Department J-5 149-152 Schedule of Detailed Expenditures – All Governmental Fund Types J-6 153-169 Schedule of Detailed Expenditures – All Governmental Fund Types –

    Discretely Presented Grainger County School Department J-7 170-180 Schedule of Detailed Receipts, Disbursements, and Changes in

    Cash Balance – City Agency Fund J-8 181

    SINGLE AUDIT SECTION 182

    Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance With Government Auditing Standards 183-184

    Auditor's Report on Compliance for Each Major Federal Program; Report on Internal Control Over Compliance; and Report on the Schedule of Expenditures of Federal Awards Required by Uniform Guidance 185-187

    Schedule of Expenditures of Federal Awards and State Grants 188-189 Summary Schedule of Prior-year Findings 190 Schedule of Findings and Questioned Costs 191-196 Management's Corrective Action Plan 197-201 Best Practice 202

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  • Summary of Audit Findings Annual Financial Report

    Grainger County, Tennessee For the Year Ended June 30, 2019

    Scope

    We have audited the basic financial statements of Grainger County as of and for the year ended June 30, 2019.

    Results Our report on Grainger County’s financial statements is unmodified. Our audit resulted in four findings and recommendations, which we have reviewed with Grainger County management. Detailed findings, recommendations, and management’s responses are included in the Single Audit section of this report.

    Findings

    The following are summaries of the audit findings: OFFICE OF COUNTY MAYOR ♦ Ambulance Service employees received incentive pay without the approval of the county

    commission. ♦ Competitive bids were not solicited for the construction of a building addition. OFFICE OF ROAD SUPERINTENDENT ♦ The office had deficiencies in payroll deductions. ♦ Expenditures exceeded appropriations in the Capital Outlay major appropriation cate-

    gory.

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  • INTRODUCTORY SECTION

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  • Grainger County Officials June 30, 2019 Officials David M. Byrd, County Mayor Charlie McAnally, Road Superintendent Edwin Jarnagin, Director of Schools Rena Greer, Trustee Johnny Morgan, Assessor of Property Angie Lamb, County Clerk Sherry Clifton, Circuit and General Sessions Courts Clerk Vickie Greenlee, Clerk and Master Rick Diamond, Register of Deeds James Harville, Sheriff Board of County Commissioners Johnny Baker, Chairman Wendy Noe James Acuff Rodney Overbay Andy Cameron Leon Spoone Gary Wayne Dalton Darell Stratton Justin Epperson Luke Stratton Mike Holt Darrell Williams Larry Johnson Scott Wynn Rebecca Johnson Board of Education Harold Frazier, Chairman Karen McNish Johnny Brooks Gary Staley Donnie Kitts Norma Tate Marcus Long Larry Turley Steve Hodge Derek Williams Audit Committee Scott Wynn, Chairman James Acuff Justin Epperson Luke Stratton

    8

  • FINANCIAL SECTION

    9

  • Independent Auditor's Report

    Grainger County Mayor and Board of County Commissioners Grainger County, Tennessee

    To the County Mayor and Board of County Commissioners:

    Report on the Financial Statements

    We have audited the accompanying financial statements of the governmental activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of Grainger County, Tennessee, as of and for the year ended June 30, 2019, and the related notes to the financial statements, which collectively comprise the county’s basic financial statements as listed in the table of contents.

    Management's Responsibility for the Financial Statements

    Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementatio