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November 2006

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					                                           Prepared By:
                                         County Auditor’s Office

                                   Cliff Billingsley, C.P.A
                                       County Auditor

          Ron Chapa, CPA                                            Jeff Modzelewski, CPA
 First Assistant, Director of Auditing                      First Assistant, Director of Accounting




MEMBERS OF GOVERNMENT FINANCE OFFICERS ASSOCIATION OF THE UNITED STATES AND CANADA
   THIS REPORT IS AVAILABLE ON THE INTERNET: http://www.co.galveston.tx.us/auditor/auditorsoffice/
                                     GALVESTON COUNTY, TEXAS
                                UNAUDITED MONTHLY FINANCIAL REPORT
                                          November 30, 2006
                                                TABLE OF CONTENTS
                                                                                                                   PAGE
DESCRIPTION                                                                                                       NUMBER

County Auditor’s Letter of Transmittal                                                                                     I

Financial Statements:


•   Combined Balance Sheet – All Fund Types                                                                              8–9

•   Combined Statement of Revenues, Expenditures And Changes in
    Fund Balance / Equity                                                                                           10 – 11

•   General Fund Statement of Revenues, Expenditures and Changes in
    Fund Balance – Budget and Actual                                                                                      12

•   Internal Service Funds – Combining Statement of Revenues, Expenditures
     And Changes in Fund Net Assets – Budget and Actual                                                             13 – 14

Schedules:

•   Schedule of Long Term Bonds and Certificates of Obligation                                                            17

•   Combined Statement of Cash Receipts and Disbursements
    As of November 30, 2006                                                                                         18 – 21

•   Schedule of Operating Transfers                                                                                 22 – 23

Budget Status:

•   General Fund by Department                                                                                      26 – 29

•   All Other County Funds                                                                                                30

•   Footnote: Rounding of cents to whole dollars can cause a slight difference between sums of detail lines and totals
                       GALVESTON COUNTY, TEXAS
                            COUNTY AUDITOR’S OFFICE
                                  P.O. BOX 1418
                             GALVESTON, TEXAS 77553




February 19, 2007



The Honorable District Judges and the Honorable Members
of the Commissioners’ Court:

The unaudited and unadjusted financial report of Galveston County, Texas, for
the month ended November 30, 2006, is hereby submitted as required by Local
Governmental Code §114.023 and §114.025.

This report is presented in three sections, namely: Financial Statements,
Schedules and Budget Status.

Although this report is self explanatory, please do not hesitate to call the County
Auditor’s office for more information at (409) 770-5304. This report can be seen
on the Internet at http://www.co.galveston.tx.us/auditor/auditorsoffice/


Respectfully submitted,




Cliff Billingsley, C.P.A.
County Auditor




                                         i
8
9
10
11
                                                GALVESTON COUNTY, TEXAS
                                                       GENERAL FUND
                                     STATEMENT OF REVENUES, EXPENDITURES, AND
                                   CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
                                               Year to Date at November 30, 2006
                                  With Actual Amounts for the Year to Date at November 30, 2005
                                                        (UNAUDITED)

                                                                         FY 2007
                                                                                               Variance
                                                                                               Favorable              FY 2006
                                               Budget                    Actual              (Unfavorable)             Actual
REVENUES:
Taxes                                    $        84,707,167         $    83,893,843     $            (813,324)   $     75,659,313
Licenses and Permits                                  25,000                   4,429                   (20,571)              2,908
Intergovernmental                                  3,849,135                 313,690                (3,535,445)            429,328
Charges for Services                               6,772,149                 975,152                (5,796,997)            927,500
Fines and Forfeitures                              1,967,000                 354,781                (1,612,219)            285,082
Investment                                         3,002,100                 337,737                (2,664,363)            113,567
Miscellaneous                                      3,868,085                 153,175                (3,714,910)             98,005
TOTAL REVENUES                                   104,190,636              86,032,806               (18,157,830)         77,515,704

EXPENDITURES:
Current Operating:
   General Government                             53,052,938               6,823,042               46,229,897            4,847,940
   Public Safety                                  24,456,794               3,724,112               20,732,682            2,939,139
   Health and Social Services                      7,259,350               1,039,174                6,220,176              333,860
   Culture and Recreation                          2,457,773                 256,483                2,201,290              281,847
   Conservation                                      454,300                  53,730                  400,570               48,738
Capital Outlay                                     4,322,665                 152,036                4,170,628              351,951
TOTAL EXPENDITURES                                92,003,821              12,048,578               79,955,243            8,803,475

Excess (Deficiency) of Revenues
 Over (Under) Expenditures                        12,186,815              73,984,228               61,797,413           68,712,229

OTHER FINANCING SOURCES (USES):
Transfers In                                         332,800                   5,000                 (327,800)                   -
Transfers Out                                     (9,649,200)                      -                9,649,200             (850,000)
Transfers Out Component Unit                      (6,458,200)             (1,539,524)               4,918,676           (1,453,565)
Proceeds - Sale of Fixed Assets                      102,000                  96,730                   (5,270)                   -
Reserves and Other                                (1,270,500)                (22,584)               1,247,916              (65,237)
TOTAL OTHER FIN. SOURCES (USES)                  (16,943,100)             (1,460,379)              15,482,721           (2,368,802)

Excess (Deficiency) of Revenues
 and Other Financing Sources
 Over (Under) Expenditures and
 Other Financing Uses                             (4,756,285)             72,523,850               77,280,134           66,343,428

Fund Balance, Beginning of Year                   26,473,812              26,473,812                                    19,148,172

Fund Balance, End of Year                $        21,717,527         $    98,997,662     $         77,280,134     $     85,491,600




                                                                12
                                                                                                  GALVESTON COUNTY, TEXAS
                                                                                                   INTERNAL SERVICE FUNDS
                                                                                  COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND
                                                                                    CHANGES IN FUND NET ASSETS - BUDGET AND ACTUAL
                                                                                                 Year to Date at November 30, 2006
                                                                                    With Actual Amounts for the Year to Date at November 30, 2005
                                                                                                          ( UNAUDITED)

                                                  GROUP INSURANCE FUND                                         WORKERS' COMPENSATION FUND                                          SELF INSURANCE RESERVE FUND
                                                    FY 2007                                                        FY 2007                                                               FY 2007
                                                              Variance                                                          Variance                                                           Variance
                                                              Favorable               FY 2006                                   Favorable   FY 2006                                                Favorable   FY 2006
                                      Budget        Actual  (Unfavorable)              Actual           Budget      Actual    (Unfavorable)  Actual                         Budget       Actual  (Unfavorable)  Actual
     REVENUES:
     Charges for Services           $ 7,477,337   $ 1,227,822   $   (6,249,515)   $ 1,149,111       $           -     $           -    $           -    $        -     $           -     $           -     $           -     $           -
     Insurance Recovery - County              -             -                -              -                   -                 -                -             -             3,000                 -            (3,000)                -
     Reimbursements                     367,000        32,277         (334,723)        10,208               4,300                 -           (4,300)          574                 -                 -                 -                 -
     Miscellaneous                            -             -                -              -                   -                 -                -             -            19,000             3,071           (15,929)            3,094
     TOTAL REVENUES                   7,844,337     1,260,099       (6,584,238)     1,159,319               4,300                 -           (4,300)          574            22,000             3,071           (18,929)            3,094

     EXPENDITURES:
     Personal Services                       -              -               -                 -                 -                -                 -            466          175,200            24,001           151,199            19,296
     Contract Services                 888,000         38,542         849,458                 -            98,000                -            98,000              -           10,000                 -            10,000                 -
     Insurance                         972,000         77,529         894,471            76,306           125,000                -           125,000              -        3,562,500         2,157,923         1,404,577         1,150,336
     Claims Paid                     5,826,700      1,115,332       4,711,368         1,222,890           701,200           57,605           643,595         73,132                -                 -                 -                 -
     Other Services and Charges        400,000              -         400,000                 -           305,000                -           305,000              -          407,000                73           406,927                 -
      TOTAL EXPENDITURES             8,086,700      1,231,404       6,855,296         1,299,197         1,229,200           57,605         1,171,595         73,598        4,154,700         2,181,996         1,972,704         1,169,632




13
     Net Income (Loss)                (242,363)       28,696          271,059          (139,877)        (1,224,900)         (57,605)       1,167,295        (73,024)       (4,132,700)       (2,178,925)       1,953,775         (1,166,538)

     NON-OPERATING REVENUES
       (EXPENSES):
     Investment Income                   6,600              -           (6,600)           1,667             3,000              268            (2,732)          226                  -                 -                 -                 -

     Net Income (Loss) Before
      Transfers                       (235,763)       28,696          264,459          (138,210)        (1,221,900)         (57,337)       1,164,563        (72,798)       (4,132,700)       (2,178,925)       1,953,775         (1,166,538)

     TRANSFERS:
     Transfers In                      400,000              -        (400,000)                  -         926,000                 -        (926,000)              -        3,778,900                  -        (3,778,900)                -
     Transfers Out                           -              -               -                   -               -                 -               -               -                -                  -                 -                 -

     Net Income (Loss)                 164,237        28,696         (135,541)         (138,210)         (295,900)          (57,337)        238,563         (72,798)        (353,800)        (2,178,925)       (1,825,125)       (1,166,538)


     TOTAL NET ASSETS - BEGINNING    1,576,495      1,576,495                -         854,870          1,036,326         1,036,326                -        863,563          901,434           901,434                  -        1,393,537


     TOTAL NET ASSETS - ENDING      $ 1,740,732   $ 1,605,190   $    (135,541)    $    716,660      $     740,426     $    978,989     $    238,563     $   790,765    $     547,634     $ (1,277,491) $       (1,825,125)   $     226,999
                                                   GALVESTON COUNTY, TEXAS
                                                    INTERNAL SERVICE FUNDS
                                   COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND
                                     CHANGES IN FUND NET ASSETS - BUDGET AND ACTUAL
                                                  Year to Date at November 30, 2006
                                     With Actual Amounts for the Year to Date at November 30, 2005
                                                           ( UNAUDITED)




                                                 FY 2007                  Variance              FY 2006                 Variance
                                            TOTAL      TOTAL              Favorable        TOTAL      TOTAL             Favorable
                                            Budget      Actual          (Unfavorable)      Budget      Actual         (Unfavorable)
     REVENUES:
     Charges for Services                  $ 7,477,337     1,227,822    $   (6,249,515)   $ 7,447,569   $ 1,149,111   $   (6,298,458)
     Insurance Recovery - County                 3,000             -            (3,000)         9,500             -           (9,500)
     Reimbursements                            371,300        32,277          (339,023)       169,500        10,782         (158,718)
     Miscellaneous                              19,000         3,071           (15,929)        15,000         3,094          (11,906)
     TOTAL REVENUES                          7,870,637     1,263,170        (6,607,466)     7,641,569     1,162,987       (6,478,582)

     EXPENDITURES:
     Personal Services                        175,200         24,001          151,199        175,000        19,762          155,238
     Contract Services                        996,000         38,542          957,458        558,000             -          558,000
     Insurance                              4,659,500      2,235,452        2,424,048      3,370,905     1,226,643        2,144,262
     Claims Paid                            6,527,900      1,172,937        5,354,963      6,908,700     1,296,022        5,612,678
     Other Services and Charges             1,112,000             73        1,111,927         12,000             -           12,000
      TOTAL EXPENDITURES                   13,470,600      3,471,005        9,999,596     11,024,605     2,542,426        8,482,178




14
     Net Income (Loss)                      (5,599,963)   (2,207,835)       3,392,130     (3,383,036)   (1,379,439)       2,003,596

     NON-OPERATING REVENUES
       (EXPENSES):
     Investment Income                          9,600            268            (9,332)        4,500         1,893            (2,607)

     Net Income (Loss) Before
      Transfers                             (5,590,363)   (2,207,567)       3,382,798     (3,378,536)   (1,377,546)       2,000,988

     TRANSFERS:
     Transfers In                           5,104,900               -       (5,104,900)    2,245,405              -       (2,245,405)
     Transfers Out                                  -               -                              -              -                -

     Net Income (Loss)                       (485,463)    (2,207,567)       (1,722,103)   (1,133,131)   (1,377,546)        (244,417)


     TOTAL NET ASSETS - BEGINNING           3,514,255      3,514,255                 -     3,111,971     3,111,971                 -


     TOTAL NET ASSETS - ENDING             $ 3,028,792    $ 1,306,688   $   (1,722,103)   $ 1,978,840   $ 1,734,425   $    (244,417)
                                                    GALVESTON COUNTY, TEXAS
                              BONDED DEBT SERVICE REQUIREMENTS TO MATURITY, BY TYPE AND ISSUE
                                                            At November 30, 2006
                                                      REMAINING
                                                    INTEREST RATES           PRINCIPAL                     INTEREST      ACCRETION            TOTAL
Constitutional Bonds:
 Tax and Revenue Certificates 1999           5.0/5.1/5.2/5.3/5.4/5.5/5.6             $     3,555,000   $      482,290    $            -   $     4,037,290
 Limited Tax Justice Center Bonds 2001       4.0/4.125/4.2/4.3/4.4/5.38/5.45/5.50/
                                             5.57/5.60/5.62/5.63/5.65/5.66                21,327,062         1,064,188       27,262,938        49,654,188
 Comb Tax & Revn CO 2002                     4.00/4.20/4.30/4.375/4.5/4.6/4.7/4.8/
                                             5.0                                           5,685,000         1,722,488                -         7,407,488
 Comb Tax & Revn CO 2002A                    4.00/4.20/4.30/4.375/4.5/4.6/4.7/4.8/
                                             5.0                                           4,070,000         1,234,353                -         5,304,353
 Limited Tax Forward Refunding Bonds 2003    4.0/5.0                                       4,000,000           481,850                -         4,481,850
 Limited Tax Criminal Justice Bonds 2003A    3.0/3.75/4.00/4.25/5.00/5.25                 54,350,000        36,864,187                -        91,214,187
 Comb Tax & Revn CO 2003C                    3.0/3.75/4.0/4.25/4.5/5.00/5.25              40,840,000        35,930,562                -        76,770,562
 General Obligation '99/'01 Refunding 2004   3.00/3.50/4.00/4.25/5.00/5.25/5.50           22,215,000         8,305,751                -        30,520,751

Total Constitutional Bonds                                                               156,042,062        86,085,667       27,262,938       269,390,667

Road Bonds:
Unlimited Tax Road Bonds 2001                4.0/4.125/4.2/4.3/4.4/5.38/5.45/5.50/
                                             5.57/5.60/5.62/5.63/5.65/5.66                16,021,372          798,165        20,493,628        37,313,165
Unlimited Tax Road Bonds 2003B               3.00/3.75/4.00/4.25/4.50/4.625/4.75/
                                             5.00                                        9,120,000           5,825,163              -        14,945,163
Unlimited Tax Road Refunding Bonds 2004A     3.0/3.25/3.375/3.50/3.625/4.50/5.50         9,944,988           3,786,001        740,012        14,471,001
Total Road Bonds                                                                        35,086,360          10,409,328     21,233,640        66,729,328
    Total Bonded Debt                                                                $ 191,128,422     $    96,494,995   $ 48,496,578     $ 336,119,995


                                                   GALVESTON COUNTY, TEXAS
                                    BONDED DEBT SERVICE REQUIREMENTS TO MATURITY, BY YEAR
                                                       At November 30, 2006

                                                         FISCAL
                                                        YEAR-END                      PRINCIPAL         INTEREST         ACCRETION          TOTAL
                                                           2006                      $         -       $   3,987,958     $        -       $   3,987,958
                                                           2007                          7,235,000         7,834,216                -        15,069,216
                                                           2008                          7,555,000         7,542,576                -        15,097,576
                                                           2009                          7,860,000         7,238,539                -        15,098,539
                                                           2010                          8,200,000         6,909,436                -        15,109,436
                                                           2011                          8,505,000         6,557,030                -        15,062,030
                                                           2012                          8,109,988         6,212,674          740,012        15,062,674
                                                           2013                          9,205,000         5,840,730                -        15,045,730
                                                           2014                          9,645,000         5,401,398                -        15,046,398
                                                           2015                         10,120,000         4,901,001                -        15,021,001
                                                           2016                         10,670,000         4,351,756                -        15,021,756
                                                           2017                          7,267,138         3,959,669        3,872,862        15,099,669
                                                           2018                          7,222,087         3,735,344        4,097,913        15,055,343
                                                           2019                          7,225,488         3,500,738        4,309,511        15,035,737
                                                           2020                          7,434,273         3,252,856        4,525,727        15,212,857
                                                           2021                          7,485,965         2,990,325        4,719,035        15,195,325
                                                           2022                          7,546,822         2,724,125        4,903,178        15,174,125
                                                           2023                          7,636,620         2,454,500        5,078,380        15,169,500
                                                           2024                          7,735,406         2,175,125        5,244,594        15,155,126
                                                           2025                          7,830,544         1,886,000        5,419,456        15,135,999
                                                           2026                          7,954,091         1,586,625        5,585,909        15,126,625
                                                           2027                         13,980,000         1,084,750                -        15,064,750
                                                           2028                         14,705,000           367,625                -        15,072,625
                                                           Total                     $ 191,128,422     $ 96,494,995      $ 48,496,578     $ 336,119,995




                                                                          17
                                                         GALVESTON COUNTY, TEXAS
                                                STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
                                                            AS OF November 30, 2006
                                                                (UNAUDITED)

                                                                  Beginning                                                         Ending
      Fund                                                         Balance                                                          Balance
     Number                        Fund Title                  Fiscal Year 2007        Receipts             Disbursements       As of 30-Nov-06

      1101    TOTAL GENERAL FUND                           $          26,434,761   $      9,128,003     $        19,550,024              16,012,741

      2101    Cnty Records Mgt & Preservatio                            136,210              20,793                  36,997                 120,006
      2102    Co Clerk Rec Mgt & Pres Fund                             2,926,653            148,949                 126,170               2,949,432
      2103    Election Srvs Contract Fund                                28,900                     -                       -                28,900
      2105    Dist Clrk Chld Support IV-D                                92,929               1,002                         -                93,932
      2106    Distr Clerk Records Mgmt Fund                              69,529               4,216                         -                73,745
      2111    Tx Assess/Coll Sp Inv Tx Fund                             107,718               6,799                         -               114,517
      2121    Donations To Galveston County                              60,549                     -                 4,539                  56,010
      2130    DA & Other Agcy Forfeit Fund                                   14                     -                       -                     14
      2131    DA Contraband Acct Aft 10/89                               59,844              10,166                  10,255                  59,755
      2132    DA Check Collection Fees                                   70,212               3,625                    117                   73,720
      2148    Unclaimed Property Fund                                   175,973             120,509                  59,758                 236,723
      2205    Courthouse Security Fund                                  320,331              36,127                  27,891                 328,567
      2211    Law Library                                               480,223              36,488                  22,381                 494,330
      2212    Mediation Services Prog Fund                              263,393              20,141                   7,844                 275,691
      2215    Justice Court Technology Fund                              43,714              13,831                         -                57,545




18
      2216    Probate Court Contributions Fd                            262,760                     -                 2,375                 260,385
      2220    Adult Probation Fund                                      476,527             215,649                 357,188                 334,987
      2230    Juvenile Justice Fund                                    1,982,850             70,504                 897,116               1,156,238
      2240    Sheriff's Commissary Fund                                 626,216                     -                       -               626,216
      2241    Sheriff Seizure Pre 10/89                                    2,037                    -                       -                 2,037
      2242    Sheriff's Seizure Aft 10/89                                35,899                   459                       -                36,357
      2245    Task Force Seizure Pre 10/89                                 3,020             50,073                         -                53,092
      2246    CID Seizure After 10/89                                      5,919                    -                       -                 5,919
      2250    Law Enforcement Education Fund                            152,399                     -                 3,004                 149,395
      2260    Emergency Management Fund                                1,269,524             43,747                 274,387               1,038,884
      2301    Road & Bridge Fund                                       3,553,692            658,263                 695,218               3,516,737
      2303    Farm to Market Lateral Road                              1,570,121            234,970                  11,410               1,793,681
      2341    Road District #1                                          794,857             122,805                   1,393                 916,270
      2370    Flood Control Fund                                       1,938,251            110,541                 705,046               1,343,747
                                                         GALVESTON COUNTY, TEXAS
                                                STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
                                                            AS OF November 30, 2006
                                                                (UNAUDITED)

                                                               Beginning                                                    Ending
      Fund                                                      Balance                                                     Balance
     Number                        Fund Title               Fiscal Year 2007       Receipts         Disbursements       As of 30-Nov-06
      2401    Public Health Fund                                      23,646                    -           134,453                (110,807)
      2410    Mosquito Control District Fund                         960,691             50,125             157,084                 853,733
      2501    Child Welfare Fund                                     252,166                  188            71,616                 180,738
      2601    Beach & Parks Fund                                      58,883            128,922              74,449                 113,356
      2811    Help America Vote Act (HAVA)                              1,361                   -            16,378                 (15,017)
      2816    Low Inc Rpr,Retfit,Acc Veh Rpl                            3,354            95,518                     7                98,865
      2824    Adult Probation Community                              200,421                    -            81,161                 119,259
      2840    Criminal Justice Div-Juvenile                            (1,165)            2,229               4,890                  (3,826)
      2841    Juvenile Probation-State Aid                           103,582            175,767             130,528                 148,821
      2842    Community Corrections                                   64,946            119,084              64,912                 119,118
      2848    Juv Jst Alt Education Program                           24,314             15,393                     -                39,707
      2849    GISD Truancy Grant                                               -         13,584              13,584                         0
      2861    Organized Crime Control Grant                             1,824                   -                   -                 1,824
      2862    Narcotics Task Force                                    54,948                    -            54,948                         0
      2864    Auto Crimes Task Force Grant                                40             77,587             171,051                 (93,425)
      2870    Texas Vine Grant                                                 -         12,940              12,940                         0




19
      2873    Pros of Crimes Agst Child/Eld                                    -         12,856              27,835                 (14,979)
      2874    Crime Victim Assistance Prog                              7,606             8,989               6,699                   9,896
      2885    Children's Justice Act Proj                               1,685                   -                   -                 1,685
      2891    Office of Emergency Mgt Grants                            1,625                   -                   -                 1,625
      2892    State Homeland Security Grant                                    -         56,392                     -                56,392
      2911    HUD Community Developmt Grants                                   -        375,655             165,104                 210,550
      2920    Senior Services-Spec Proj/Serv                             933                    -                   -                     933
      2921    Senior Citizens Grant Prog                                9,011            52,917              81,877                 (19,950)
      2922    Senior Aides Program Grant                                2,100                   -                   -                 2,100
      2925    Kempner Grant                                             2,100                   -              900                    1,200
      2927    CDBG-Meals on Wheels                                             -          1,020                598                        422
      2941    Intensive Family Pres Grant                               5,360                   -                   -                 5,360
      2962    Parks/Beaches Project Grants f                          91,500                    -                   -                91,500
      2975    Just Dept Loc Law Enf Blk Grt                           47,375                  288             1,199                  46,464
                                                        GALVESTON COUNTY, TEXAS
                                               STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
                                                           AS OF November 30, 2006
                                                               (UNAUDITED)

                                                              Beginning                                                  Ending
      Fund                                                     Balance                                                   Balance
     Number                      Fund Title                Fiscal Year 2007       Receipts       Disbursements       As of 30-Nov-06
      2977    Homeland Security Grts Sheriff                                  -        251,465                   -               251,465
      2999    Disaster Recovery V                                  1,030,122            30,615            68,784                 991,953
               TOTAL SPECIAL REVENUE FUNDS                        20,458,694         3,411,191         4,584,089              19,285,796

      3206    Comb Tax/Revenue COB Sr 2003C                       10,405,316         1,677,074         2,955,928               9,126,462
      3220    Jst Ctr & Pub Saf Bl Bds Sr 01                       1,198,739           513,516           816,144                 896,111
      3222    Ltd Tax Crim Jst Bds Sr 2003A                        3,264,401           341,746           573,226               3,032,922
      3306    Road Capital Project Fund-1987                       1,395,669            26,382           214,607               1,207,445
      3307    Unltd Tax Road Bonds Sr 2003B                       10,044,580            63,954         4,513,747               5,594,787
      3308    Unlimited Tax Rd Bds Ser 2001                        3,560,232            30,694                   -             3,590,926
      3315    Galv Causeway RR Bridge Proj                           14,864              6,741            85,297                 (63,692)
      3316    Cnty Road & Bridge Projects                           134,737              1,068            10,843                 124,963
               TOTAL CAPITAL PROJECT FUNDS                        30,018,537         2,661,177         9,169,792              23,509,923
      4205    Constr/Imprv Tax/Rev COB 99                           307,713             46,880            11,342                 343,251




20
      4214    Comb Tax/Rev COB Sr 2003                              579,837             73,660             1,260                 652,236
      4215    Limited Tax Jst Cntr Bds 2001                         396,618             59,366            26,708                 429,276
      4216    Lmtd Tax Criminal Jst Sr 03A                         1,117,716           144,917             3,620               1,259,013
      4230    COB 2002A Prk Rds/Prking Lots                         389,062             15,507             1,339                 403,230
      4282    Ltd Tax Refunding Sr 2003                             425,306             67,222            12,029                 480,500
      4284    GOblg Refunding '99-01 Bnds'04                        365,342             46,509             1,332                 410,518

      4362    COB 2002 San Luis Pass Bridge                         198,230             25,641             1,808                 222,063

      4368    Unlimited Tax Rd Bds Ser 2001                         320,734             43,449            18,305                 345,877

      4369    Unlimited Tax Road Bd Sr 2003B                         95,953             35,336            91,737                  39,552

      4370    Unlimited Tax Rd Ref Sr 2004A                          187,644            22,617              138                  210,123
               TOTAL DEBT SERVICE FUNDS                            4,384,156           581,102           169,619               4,795,639

      6123    Group Insurance Fund                                 2,546,048         2,507,070         2,502,928               2,550,190
      6124    Workers Compensation Fund                            2,108,947            60,625           125,415               2,044,157
      6130    Self Insurance Reserve Fund                            602,428             3,080         2,192,812              (1,587,304)
               TOTAL INTERNAL SERVICE FUNDS                        5,257,423         2,570,775          4,821,155              3,007,044

      7601    Payroll Fund                                          774,289         16,922,513        17,122,897                 573,905
                                                           GALVESTON COUNTY, TEXAS
                                                  STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
                                                              AS OF November 30, 2006
                                                                  (UNAUDITED)

                                                                    Beginning                                                   Ending
      Fund                                                           Balance                                                    Balance
     Number                       Fund Title                     Fiscal Year 2007        Receipts       Disbursements       As of 30-Nov-06
      7605    Escrow Fund                                                1,320,518            834,862           810,001               1,345,379
      7606    Debt Service Agency Fund                                     36,047                   -                   -                36,047
      7611    Tax Assess/Coll Undist Coll Fd                             4,206,232                  -                   -             4,206,232
      7621    Appellate Judicial Sys Fees Fd                                  665               5,498                   -                 6,163
      7630    Officers Undist Fees Fund                                    10,351                   -                   -                10,351
      7631    County Clerk Trust Fund                                    1,577,492                  -                   -             1,577,492
      7641    District Clerk Trust Fund                                  1,477,990                  -                   -             1,477,990
      7652    Inmate Trust Fund                                            42,822                   -                   -                42,822
      7671    Children Prot Serv Escrow Fd                                174,002                   -           162,623                  11,379
               TOTAL AGENCY FUNDS                                        9,620,408         17,762,873         18,095,521              9,287,761

                          GRAND           TOTAL              $          96,173,980   $     36,115,122         56,390,199             75,898,903




21
                                       GALVESTON COUNTY, TEXAS
                                    OPERATING TRANSFERS IN AND OUT
                                         AS OF November 30, 2006


                                                           Transfers In           Transfers Out
PRIMARY GOVERNMENT
   General Fund
       1101 General Fund
             4912862 Transfer from Narcotics Task Force     $             5,000   $               -
       1101 General Fund
             5910008 Transfer to Four C's                                   -              795,900
             5912401 Transfer to Public Health Reimb                        -              743,624
             Total for General Fund                                       5,000          1,539,524

    Special Revenue Funds
         2245 Task Force Seizure Pre 10/89
              4912862 Transfer from Narcotics Tsk Fr                  23,650                      -
         2862 Narcotics Task Force
              5911101 Transfer to General Fund                              -                5,000
              5917225 Trsf to Tsk Frc Sez Pre 10/89                         -               23,650

              Total for Special Revenue Funds                         23,650                28,650


                Total, Primary Government                             28,650             1,568,174


COMPONENT UNIT - PUBLIC HEALTH
          4911101 Transfer from General Fund                       1,539,524                      -

                Total, Component Unit - Public Health              1,539,524                      -

                        GRAND TOTAL                         $      1,568,174      $      1,568,174




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