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					                          Midland County Auditor
                            Veronica Morales




Memorandum


To:       Members of Commissioner's Court
From:     Veronica Morales, County Auditor
          Mitzi Wohleking, County Treasurer
Date:     July 28, 2008
Subject: Monthly Report for June, 2008
Attached is the monthly report for June, 2008; these include:

        Combined balance sheet fund summary for all funds.

        Combined fund summary for revenue and expenditures as of June, 2008.

Also enclosed is an Affidavit to be signed by the court.



Cc:     Mike Bradford, County Judge
        Jimmy Smith, Commissioner Precinct #I
        Robin Donnelly, Commissioner Precinct #2
        Juluis Brooks, Commissioner Precinct #3
        Randy Prude, Commissioner Precinct #4
        Dean Rucker, Administrative District Judge
                                        AFFIDAVIT


The attached June 2008 combined balance sheet and combined fund summary of revenue and
expenditures-heet the requirements of LGC 9114.026 and state the amount of cash and other
assets that are in the custody of the County Treasurer at the time of examination.
    A
                                                                    --
                                                              missioner Pct. 3




                                           Randy Prude, Commissioner Pct. 4




SUBSCRIBED and SWORN TO before me, this    a Sh6
                                            %        day of                          ,20&



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                                                                        MIDLAND COUNTY, TEXAS
                                                                        COMBINED BALANCE SHEET
                                                                         AS OF JUNE 2008


                                                                                                        Proprietary    Account Groups
                                                      Governmental Type Funds                             Funds         General          General
                                                          Special           Debt         Capital         Internal        Fixed          Long-Term
                                      General            Revenue           Service       Projects        Service         Assets            Debt            Total

            ASSETS

  Cash
  Investments
  Property Taxes Receivable
  Accounts Receivable
  Due From Other Gov Agencies
  Due From Other Funds
  Fixed Assets
  Amt Available in Debt Srv Fund
  Other Assets
            TOTAL ASSETS:



            LIABILITIES, EQUITY AND OTHER CREDITS

LIABILITIES
   Accounts Payable                      95,840.75         179,856.31
   Due To Other Gov Agencies            431,026.46           1,100.00
   Due to Other Funds                     1,883.03                             300.00
   Deferred Comp Benefits Payable       326,962.68         32,908.56
   Gen Obligation Bonds 8 Certs                                             47,978.31
   Compensated Absences
   Other Liabilities                     877,616.03                         71,552.59                                                                       949,168.64
             TOTAL LIABILITIES:        1,733,328.95       213,864.87       119,830.90                     399,407.00                    12,484,912.46    14,951,344.15

EQUITY AND OTHER CREDITS
  Unreserved, Undesignated            39,940,131.39      5,737,347.67     1,222,581.41     564,685.82   4,218,067.14   52,282,988.28                    103,965,801.71
TOTAL EQUITY AND OTHER CREDITS        39,940,131.39      5,737,347.67     1,222,581.41     564,685.82   4,218,067.14   52,282,988.28                    103,965,801.71



TOTAL LIABILITIES, EQUITY AND
        OTHER CREDITS
                                                 MIDLAND COUNTY, TEXAS
                                                 COMBINED FUND SUMMARY
                                                 AS OF JUNE 30,2008
                                                                                                    Proprietary
                                                     Governmental Type Funds                          Funds
                                                     Special Revenue
                                                    Road &                      Debt     Capital     Internal
                                       General      Bridae            Other    Service   Proiects    Service      Total


REVENUE ACCOUNTS
   Property Taxes
   Sales Taxes
   Hotel Occupancy Taxes
   Licenses and Permits
   Charges for Services
   Fines and Forfeitures
   Grants
   Intergovernmental
   Interest
   Other
         TOTAL REVENUES

EXPENSE ACCOUNTS
   Current
      General Administration
      Judicial
      Elections
      Financial Administration
      Public Safety & Corrections
       Health & Welfare
      Culture & Recreation
      Conservation & Natural Resourc
       Highways & Roads

    Capital Outlay

   Debt Service
        TOTAL EXPENDITURES
EXCESS (DEFICIENCY) OF REVENUES
     OVER EXPENDITURES
                                                       MIDLAND COUNTY, TEXAS
                                                       COMBINED FUND SUMMARY
                                                       AS OF JUNE 30,2008
                                                                                                                        Proprietary
                                                          Governmental Type Funds                                       Funds
                                                          Soecial Revenue
                                                          Road &                           Debt          Capital            Internal
                                        General           Bridge            Other         Service        Projects           Service          Total


OTHER FINANCING SOURCES (USES)
      Operating Transfer - In                                               20,436.58                   4,800,000.00                      4,820,436.58
      Sale of Equipment
      Operating Transfers - Out       (4,806,907.40)                       (13,529.18)                                                   (4,820.436.58)
                TOTAL OTHERS          (4,806,907.40)                         6,907.40                   4,800,000.00

EXCESS (DEFICIENCY) OF REVENUES
 & SOURCES OVER EXPENDITURES           6,416,855.24       392,902.15        62,211.07     932,568.59     (307,997.04)       294,324.75    7,790,864.45
          &OTHERUSES

BEGINNING FUND BALANCE - 09/30/2007   33,523,276.15      2,522,173.95    2,760,060.50     290,012.82     872,682.87       3,923,742.39   43,891,948.68

ENDING FUND BALANCE - 06/30/2008      39,940,131.39      2,915,076.10    2,822,271.57    1,222,581.41    564,568.82       4,218,067.14   51,682,813.13

				
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