Using the 2015 Comprehensive Annual Financial Report for St. Tammany Parish incl
ID: 2554456 • Letter: U
Question
Using the 2015 Comprehensive Annual Financial Report for St. Tammany Parish included, please answer the following questions.
http://www.stpgov.org/files/Departments/Finance/2015_CAFR.pdf
All questions relate to the financial statements of St. Tammany Parish for the year ended December 31, 2015. For each answer also write the page number where you found the answer. NOTE: the page number is the page number listed in the CAFR which is not the same as the page number up top in Acrobat Reader!!!
1. The total assets of the primary government amounted to $
2. St. Tammany Parish reports four major governmental funds. They are:
3. How many non-major funds does St. Tammany Parish report in their CAFR?
4. According to the statement of activities, the parish’s top two revenue sources, excluding component units, are:
Source Amount
Source Amount
5. Using the statement of revenues, expenditures and changes in fund balance, for the total governmental funds:
Total revenues
Total expenditures
Net change in fund balances
Year-end fund balance
6. According to the notes, capital assets total:
Governmental activities, ending balance, net
Business-type activities, ending balance, net
Total governmental activities depreciation expense
Total business-type depreciation expense
7. What percentage of property tax billed does St. Tammany expect to collect?
8. According to the schedule of employer contributions, for the employees retirement system for the St. Tammany Parish Coroner’s Office for 2015
Employer contributions totaled
Annual required contributions were
9. There are how many non-major governmental funds of each type
Special Revenue Funds
Debt Service Funds
Capital Project Funds
Internal Service Funds
10. For the internal service funds, what is the
Total net position at 12/31/2015
Total change in net position for 2015
11. What discount rate is used to measure the pension liability?
12. For the general fund, give the following information related to the budget:
Original budgeted amount of total revenues
Final budgeted amount of total revenues
Actual amount of total revenues on a budgetary basis
Original budgeted amount of total expenditures
Final budgeted amount of total expenditures
Actual amount of total expenditures on a budgetary basis
13. According to the Statement of Activities, total program revenues from operating grants and contributions for government activities was
14. According to the Statement of Activities, total program revenues from operating grants and contributions for business-type activities was
15. When were property taxes
Levied?
Due?
Became delinquent?
Explanation / Answer
Page no – 31
General Fund
St.Tammany Parish Library
Public Works
Capital ImrovementsGeneral
Page no- 34 and 35
Page no -35
Operating grants and contribution – Amount - $ 10,42,107
Page no- 44
Total expenditure - $ 151,874,969
Net change in fund balance - $ 120,44,016
Year end fund balance - $ 190,877,742,page no 37
Government activities – $ 465,349,093
Busineess type acitivities - $ 37,396,727
Depreciation expenses
Government activities – $ 18,514,384
Busineess type acitivities - $ 24,22,765, page no – 61
Annual required contributions – $ 240,123,page no – 63
b) 6
C)42
D)13
TOTAL CHANGE IN NET POSITION - $ (18,63,399)
page no – 65
Final budgeted amount of total revenes - $ 14,056,729
Actual amount of total revenus on a budgetary basis - $ 15,139,259
Original budgeted amount of total expenditures - $ 14,056,757
Final budgeted amount of total expenditures -$ 15,035,359
Actual amount of total expenditures on a budgetary basis-$ 14,487,218
2) The funds were due to the library when they are received , and ths this fund has no balance
3) Became deliuent on1st January which is the lien date.
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