CITY OF LAFOLLETTE

LAFOLLETTE, TENNESSEE

FINANCIAL STATEMENTS, SUPPLEMENTAL INFORMATION AND OTHER REPORTS

FOR THE YEAR ENDED JUNE 30, 2019

 

TABLE OF CONTENTS

INTRODUCTORY SECTION

 

FINANCIAL SECTION

INDEPENDENT AUDITOR'S REPORT

MANAGEMENT'S DISCUSSION AND ANALYSIS

 

BASIC FINANCIAL STATEMENT:

• Statement of Net Position
• Statement of Activities
• Balance Sheet- Governmental Funds
• Reconciliation of the Government Funds Balance Sheet to the Statement of Net Position
• Statement of Revenues, Expenditures and Changes in Fund Balance - Government Funds
• Reconciliation of the Governmental Funds Statement of Revenues, Expenditures and Changes in Fund Balance to the Statement of Activities
• Budgetary Comparison Statement - General Fund ( Original and Final Budget)
• General Fund - Detailed Statement of Revenues, Expenditures and Changes in Fund Balance and Actual
• Balance Sheet - Proprietary Funds
• Statement of Revenues, Expenses and Changes in Net Position - Proprietary Funds
• Statement of Cash Flows - Proprietary Funds
• Notes to Financial Statements PAGE 21-29
• Notes to Financial Statements PAGE 30-39
• Notes to Financial Statements PAGE 40-48

 

REQUIRED SUPPLEMENTARY INFORMATION SECTION

• Schedule of Changes in the Net Pension Liability and Related Ratios
• Schedule of Contributions Based on Participation in the Public Employee Pension Plan of TCRS
• Schedule of Changes in Total OPEB Liability and Related Ratios - Governmental Activities
• Schedule of Changes in Total OPEB Liability and Related Ratios - Electric Department
• Schedule of Changes in Total OPEB Liability and Related Ratios - Water Department
• Schedule of Required Pension Contributions - Board of Public Utilities - Electric and Water Departments

 

SUPPLEMENTARY INFORMATION SECTION

• Combining Balance Sheets - Nonmajor Governmental Funds
• Combining Statements of Revenues, Expenditures, and Changes in Fund Balances - Nonmajor Governmental Funds

 Schedules of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual- Nonmajor Governmental Funds:

• Drug Fund
• State Street Aid Fund
• Special Police Fund
• Capital Projects Fund

Schedule of Expenditures of Federal Awards and State Financial Assistance

Notes to the Schedule of Expenditures of Federal Award and State Financial Assistance

Schedule of Revenues, Expenses, and Changes in Net Position by Division - Water and Wastewater Division

 

OTHER INFORMATION SECTION

Schedule of Loans and Capital Leases - Governmental Activities

Schedule of Debt Service Requirements - Proprietary Funds

Schedule of Changes in Long-Term Debt by Individual Issue

Schedule of Property Tax Information

Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Solid Waste Management Fund

Schedules of Utility Rates and Number of Customers

AWWA Water Audit Reporting Worksheet for the Year Ended June 30, 2019

 

COMPLIANCE SECTION

Independent Auditor's Report on Internet Control over Financial reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards

Schedule of Prior Year Findings