AUDIT-JUNE 30, 2017
CITY OF LAFOLLETTE, TENNESSEE
AUDIT
FOR THE YEAR ENDED JUNE 30, 2017
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 Governmental Funds Balance Sheet to the Statement of Net Position
- Statement of Revenues, Expenditures and Changes in Fund Balances-Governmental 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-Budget 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 1-5
- Notes to Financial Statements 6-16
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 Funding progress - Post Retirement Plan
- Schedule of Requires Pension Contributions - Board of Public Utilities
- Schedule of Funding Progress - Board of Public Utilities - Post Retirement Plan
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 Fund
Schedule of Expenditures of Federal Awards and State Financial Assistance
Notes to the Schedule of Expenditures of Federal Awards and State Financial Assistance
OTHER INFORMATION SECTION
- Schedule of Loans and Capital Leases - Governmental Activities
- Schedule of Debt Service Requirements - Proprietary Funds
- 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, 2017
COMPLIANCE SECTION
- Independent 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
- Schedule of Findings and Responses
- Schedule of Disposition of Prior year Findings
- Corrective Action Plan