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					  COMAL COUNTY, TEXAS

    COMPREHENSIVE

ANNUAL FINANCIAL REPORT

          2007





           Issued by the

      County Auditor's Office

      David D. Renken, C.P.A.

          County Auditor





     For the Fiscal Year Ended

        December 31,2007

                                       COMAL COUNTY, TEXAS

                             COMPREHENSIVE ANNUAL FINANCIAL REPORT

                                For the Year Ended December 31, 2007



                                    TABLE OF CONTENTS
                                                                                                PAGE NO.
INTRODUCTORY SECTION
   County Auditor's Transmittal Letter                                                     .      i -iv
   Certificate of Achievement for Excellence in
       Financial Reporting                                                                  .       v
   County Organizational Chart                                                             .     vi - vii
   Directory of Elected and Appointed Officials                                            .     viii -xi

FINANCIAL SECTION
   Independent Auditors' Report                                                            .       1 -2
   Management's Discussion and Analysis                                                     .     3 -11
   Basic Financial Statements:
      Government-wide Financial Statements:
          Statement of Net Assets •.•••••....•••.....•..••..••....•••••...........•.....           12
          Statement of Activities .........••••..••.•...•...•...•••......•••••••••......           13
       Fund Financial Statements:
           Balance Sheet - Governmental Funds •••.••..•..•....•••........•••••••••..••.•           14

           Reconciliation of Balance Sheet - Gonvernmental Funds
              to Statement of Net Assets •.....•..•.••..••..•••.•.•...•............••.••           15
          Statement of Revenues, Expenditures, and Changes in
              Fund Balances - Governmental Funds ....•••..••..••••..•••••............•.            16
           Reconciliation of the Statement of Revenues, Expenditures, and Changes in
              Fund Balances - Governmental Funds to the Statement of Activities ••••.••...•..      17
          Statement of Fund Net Assets - Proprietary Funds •••....•.......••.•••....•...•.         18

           Statement of Revenues, Expenses, and Changes in
               Fund Net Assets - Proprietary Funds .•...........•..........•••••.•••......         19
           Statement of Cash Flows - Proprietary Funds .......•....••••••••...........•.•.         20

           Statement of Fiduciary Net Assets - Agency Funds .•.•...••••.•••...........••.•.        21

       Notes to the Financial Statements •••••....•....••.•••..••..•.....••••..•.........        22 -40

   Required Supplementary Information
           Schedule of Revenues, Expenditures, and Changes in
              Fund Balances - Budget and Actual - General Fund .•...•••...•••.••••••..•..          41
           Schedule of Revenues, Expenditures, and Changes in
              Fund Balances - Budget and Actual - Road and Bridge Fund ...•••••.....••..••         42
           Notes to Required Supplementary Information •.•.•....•........•••.......•••..•          43

   Other Supplementary Information
       Schedule of Revenues, Expenditures, and Changes in Fund Balance
           Budget and Actual - General Fund •••...•...•..•...•••.........•••••.....•...•.        44 - 59
       Schedule of Revenues, Expenditures, and Changes in Fund Balance
           Budget and Actual - Road and Bridge Fund ....•...••...•••••••..••••••••••...•.        60 -62
       Schedule of Revenues, Expenditures, and Changes in Fund Balance
           Budget and Actual - Capital Projects Fund •...........••••••••••.....•.•••...•..         63
       Purposes of Nonmajor Governmental Funds .•....•••..••••......••••••.......•.... ,         64 - 68
       Combining Balance Sheet - Nonmajor Governmental Funds ••.......••....•......••.•.         69 -75
       Combining Statement of Revenues, Expenditures, and Changes in
           Fund Balances - Nonmajor Governmental Funds .••..•••.••.....•......•....••.. '        76 -82
       Schedules of Revenues, Expenditures, and Changes in
           Fund Balances - Nonmajor Governmental Funds
              Special Revenue Funds - Budget and Actual ...••..••••••••••........•••..••.        83 -114
              Special Revenue Funds - Unbudgeted •.••................•.••••.......... : •        115 -128
              Debt Service Funds - Budget and Actual ..••..••....•...••••.....•••••••.... ,        129
                                                  COMAL COUNTY, TEXAS

                                        COMPREHENSIVE ANNUAL FINANCIAL REPORT

                                           For the Year Ended December 31,2007



                                                 TABLE OF CONTENTS
                                                                                                                                               PAGE NO.
FINANCIAL SECTION (continued)
   Other Supplementary Information                        (continued)
      Combining Statement of Net Assets -Internal Service Funds. • • • . . . . . . . . • • • • • . . . • • . . . •                               130

      Combining Statement of Revenues, Expenditures, and Changes in

          Fund Net Assets -Internal Service Funds. • . . • . . • • . . • . . . . . . . . . . . • . • • • • • . • . . . • . . .                   131

      Combining Statement of Cash Flows -Internal Service Funds .•••....•....•...........                                                        132

      Purposes of Agency Funds. . . . . . . . . . . . • • • . . • • . . • . . • • . . • . . . • • • • . • • • • • . . . . • • . . . . . . .      133

      Combining Balance Sheet - Agency Funds ..••..•......•..•••........•••••.....•...                                                           134

      Combining Statement of Changes in Agency Assets and Liabilities•••••.••.......•...•• ,                                                     135

      Combining Statement of Net Assets - Component Units. . .•. . .••. •. . . .•••••••••. . .•••.                                               136

      Combining Statement of Activities - Component Units...•...•...••••••.........••.... ,                                                      137

STATISTICAL SECTION

      Net Assets by Component. •.....••..••••..••.••.••...•............•••.•••....••..                                                           138

      Changes in Net Assets•••••••••••..••.••..••.••..••..•..••............•.•••....•.                                                           139

      Governmental Activities Tax Revenues by Source..•...••..••...••••.................                                                         140

      Fund Balances of Governmental Funds ....••.....•..••...•...••••.......••...••...                                                           141

      Changes in Fund Balances of Governmental Funds ........••....•.•.......•.....•...                                                          142

      General Governmental Tax Revenues by Source ••.••.......•..........•••••.....•.•.                                                          143

      Assessed Value and Estimated Actual Value of Taxable Property .........•••........••.                                                      144

      Property Tax Rates - Direct and Overlapping Governments ....•...........•..•........                                                       145

      Principal Property Taxpayers •••••.•......•...••.••..••...••.•..••••••....•.•...••                                                         146

      Property Tax Levies and Collections .............•...••..••....•....•••••.••....••.                                                        147

      Ratios of Outstanding Debt by Type•••••••..••..•............••••••....••......••..                                                         148

      Ratios of General Bonded Debt Outstanding ••..•..••..••...••.....••...............                                                         149

      Direct and Overlapping Governmental Activities Debt. •...•...••....•••••........••..•                                                      150

      Legal Debt Margin Information ••.•••••••...•...•..••..••..•••••••••...•.....•••...                                                         151

      Demographic and Economic Statistics ....•••.•..••.......••.......••••....••••...•                                                          152

      Principal Employers...•••.••••••••..••••..•..••.•........•..••....•••••.....•...                                                           153

      Full-time Equivalent County Government Employees by Function...•...•.••.•..••....•.                                                        154

      Operating Indicators by Function .••••••...••..•..••..•....••..•••................ ,                                                       155

      Capital Asset Statistics By Function ••••••..••.••...•..........•........•..........                                                       156

FEDERAL AWARDS SECTION

   Report on Internal Control and on Compliance

          and Other Matters Based on an Audit

          of Financial Statements Performed in

          Accordance with Government Auditing Standards                                                                                  .     157 -158

   Report on Compliance with Requirements

          Applicable to Each Major Program and

          Internal Control Over Compliance in

          Accordance with OMS Circular A-133                                                                                               .   159 -160

   Schedule of Expensitures of Federal Awards                                                                                            .       161

   Note to Schedule of Expenditures of Federal Awards                                                                                    .       162

   Schedule of Findings and Questinoned Costs                                                                                            .       163

   Corrective Action Plan                                                                                                                 .      164

   Status of Prior Year Finding                                                                                                          .        165

  COMAL COUNTY, TEXAS

    COMPREHENSIVE

ANNUAL FINANCIAL REPORT

          2007





  INTRODUCTORY SECTION
(THIS PAGE INTENTIONALLY LEFT BLANK)

                             Carnal County

                                OFFICE OF COUNTY AUDITOR

                                      David D. Renken, C.P.A.





June 12, 2008

Honorable District Judges
Honorable County Judge
Honorable County Commissioners
Comal County, Texas 78130

To the Honorable Judges, Commissioners, and Citizens of Comal County:

The County Auditor's Office proudly presents the Comprehensive Annual Financial Report of
ComaI County, Texas (the County) for the year ended December 31, 2007. The Texas Local
Government Code section 114.025 requires a complete set of audited financial statements
annually. This report was prepared in accordance with generally accepted accounting principles
as promulgated by the Governmental Accounting Standards Board.

This report was prepared by the Comal County Auditor's Office. Management assumes full
responsibility for the completeness and reliability of the information contained in this report, based
on a comprehensive framework of internal control that has been established for this purpose. The
internal controls have been designed to provide reasonable, rather than absolute, assurance that
the financial statements are free of any material misstatements since the cost of internal controls
should not outweigh their benefits. All disclosures necessary to enable the reader to gain an
understanding of the County's financial activities have been included.

The financial statements, for the year ended December 31, 2007, were audited by Holtman,
Wagner & Company, L.L.P., CPA's and their unqualified (clean) opinion resulting from their
examination is located at the front of the financial section of this report. Their audit was conducted
in accordance with auditing standards generally accepted in the United States of America and the
standards applicable to financial audits contained in Government Auditing Standards.

Management's discussion and analysis (MD&A) immediately follows the independent auditors'
report and provides a narrative introduction, overview, and analysis of the basic financial
statements. MD&A complement this letter of transmittal and should be read in conjunction with it.


PROFILE OF COMAL COUNTY

Comal County was the first of 128 counties created from the original Bexar County by the First
Legislature of Texas. The Act creating the county was approved on March 24, 1846. Comal
County gets its name from the ComaI Springs and the Comal River that flow through New
Braunfels, the County seat.


                150 N. Seguin, Suite 201. New Braunfels, Texas 78130. (830) 620-5557
                                                   i
Comal County has an area of 567 square miles and an estimated population of 105,187 with the
City of New Braunfels having an estimated population of 49,969. There are six other cities within
Comal County, the City of Garden Ridge, the City of Schertz, the City of Selma, the City of Fair
Oaks Ranch and the City of Bulverde. The City of Schertz, the City of Selma and the City of Fair
Oaks Ranch are primarily located in other counties. Comal County varies in altitude from 650 to
1,700 feet above sea level and receives an annual rainfall of apprOXimately 33.19 inches. The
county enjoys a growing season of 265 days, with an average minimum temperature in January of
40 degrees and an average maximum temperature in July of 96 degrees.

Comal County is governed by four Commissioners elected by precinct and a County Judge
elected countywide that comprise the Commissioners' Court. The County is also divided into a
number of different departments, each with its own legally constituted duties as prescribed by the
Constitution of 1876 and/or legislative acts and each headed by either an elected or appointed
official. The State court system is intertwined in the operation of Comal County as an entity.

As a subdivision of the State of Texas, the County provides only those services allowed by statute.
This includes judicial, detention facilities, public safety, highways, flood control, health and limited
social services, public improvements and general administrative services. ComaI County is also
financially accountable for six emergency services districts and the Water Oriented Recreation
District (W.O.R.D.), all of which are reported separately within the County's financial statements.
Additional information on all seven of these legally separate entities can be found in the notes to
the financial statements (See Note 1.A).

Commissioners' Court is required to adopt a final budget by no later than the close of the fiscal
year. This annual budget serves as the foundation for Comal County's financial planning and
control. The budget is prepared by fund, department, and line-item and requires special approval
from the Commissioners' Court to make any transfers. The objective of bUdgetary control is to
ensure compliance with legal provisions embodied in the annual Appropriations Budget. Budgets
are adopted for the general, certain special revenue and debt service funds on a GAAP basis.
BUdgets are prepared for grants-in-aid funds on a program year basis, which may differ from the
County's fiscal year. Under state law, the budget cannot be exceeded in any expenditure
category. The County Commissioners' Court may amend the budget once it has been adopted.


LOCAL ECONOMY

The County's location between San Antonio and Austin provides opportunities for commuters to
live in the county and work in one of these major cities. During 2007, 1,298 new home sites
became available in subdivisions in the unincorporated areas of Comal County. In 2007, single­
family residential building permits were valued at $242,005,322, a decrease of 6.05% over 2006's
value of $257,593,894.

Comal County's total civilian labor force increased from 49,463 in 2006 to 51,851 in 2007. Total
employment increased from 47,854 to 49,904 in 2007. The unemployment rate in Comal County
was 3.5% at the end of 2007.

Comal County has continued to enjoy a prosperous economy. The major sectors of Comal
County's economy, manufacturing, tourism, distribution, and real estate continue to grow.


LONG-TERM FINANCIAL PLANNING

The County's 2006 General Fund balance was $6,651,483. At the end of 2007 the County's
General Fund balance was $10,504,143, an increase of $3,852,660. The Commissioners' Court
budgeted a $550,000 increase in General Fund reserves in the 2008 budget and is committed to
continuing this for the next five to seven years in order to build the General Fund reserves.




                                                   ii
Government Accounting Standards Board Statement No. 45 (GASB) is a new financial reporting
standard which Comal County will have to comply with beginning in 2008. The focus of this
standard is to have governmental entities more accurately compute and report current and future
obligations related to postemployment benefits other than pensions, such as postemployment
healthcare.    In order to properly measure, recognize and display these postemployment
expenditures and related liabilities, the County will engage the services of an actuarial firm. The
postemployment benefits which Comal County presently offers is a $100 health insurance
supplement for retirees who are under 65 and stay on the County Blue Cross plan, or those over
65 who transition over to a Medicare supplement plan sponsored by the Texas Association of
Counties. The other postemployment benefit is the blended Blue Cross premium rate for retirees
before reaching age 65. These benefits are currently being accounted for on the pay as you go
method.



MAJOR INITIATIVES

Comal County issued debt in 2007 in order to begin work on the capital projects that have been in
the planning stage for several years and on additional projects that have been approved.

The first project is the restoration of the old courthouse. The master plan for this project has been
completed and submitted to the Texas Historical Commission for the courthouse restoration grant
funding. The County did not receive approval for funding in 2007, but will resubmit its application
for funding in the next round of grants in two years. The Texas Historical Commission grant
program is a competitive process between Texas Counties who apply every other year.
Applications are scored based on a twenty-one point scoring criterion developed over the last ten
years. Comal County missed receiving restoration funding by one point in the last grant round, but
has been encouraged by Commission staff to re-apply for the next round as Comal County will be
at the top of the list.

In order to facilitate the courthouse restoration, the County approved the construction of a new
justice center to house all courts, except the justices of the peace, and all court related offices.
Upon completion of the justice center, the County will reconfigure the annex and commissioners'
court building to allow everyone to be moved out of the old courthouse until it is restored. The
County has acquired property a block from the courthouse and has hired an architect for the
justice center. The justice center is estimated to cost $6,000,000.

The second project is the Highway 46 and Highway 281 expansion project. This project effects
not only Comal County, but also the city of New Braunfels. Comal County has partnered with New
Braunfels via an inter-local agreement in order to complete the project. The bulk of this project will
be paid for by the Texas Department of Transportation through a pass-through financing
agreement negotiated with them. Based on this agreement, ComaI County will issue debt in order
to fund the construction, but TXDOT will repay the principal amount to the County over the term of
the debt. This leaves only the interest, right of way and utility relocation costs to be paid for on a
pro-rata basis by the County, and the cities of New Braunfels and Bulverde. Comal County will
issue $16,000,000 in debt in July of 2008 to fund this project, construction beginning in early 2009.

The third project is another flood control structure on the Dry Comal Creek. After the flood of
1998, the County empanelled a flood control committee to analyze potential flood control structure
sights based on the cost/benefit of additional dams. Since that time, a location has been
determined to be the best site and the County has been working with State and Federal agencies
to move the project forward including the engineering and environmental, historical and wildlife
studies. All necessary studies have been completed and the design stage is approximately 30%
complete. The County has obtained inundation easements for the property where the dam will be
located. In February 2008, the County received notification that it has been awarded a grant by
the Federal Emergency Management Agency, not to exceed $5,250,000, to cover 75% of the cost.




                                                  iii
A fourth project is the Morton Conservation Preserve. The County has purchased 290.253 acres
of land for conservation purposes pursuant to the Endangered Species Act. The County has
received a grant award from the United States Fish and Wildlife Service in the amount of $652,312
and the County's portion being $350,077.

The County has four additional projects completed or in the process. The County acquired 21.189
acres of land adjacent to the Jumbo Evans Sports Park for additional park facilities in 2007 and
the County entered into a contract with the City of Schertz and Lack's Furniture for the realignment
and reconstruction of Schwab Road. The County's portion of this project is $350,000.

Construction has begun on an addition to the Justice of the Peace #3 building to add additional
office space for the ~IP and for adult probation officers. The last project is the construction of a
livestock barn at the Extension Facility. The livestock barn construction has not been started.

Comal County has also received federal grant funds passed through the Texas Parks and Wildlife
Department in the amount of $612,852 in order to develop a Regional Habitat Conservation Plan.
This Plan is primarily undertaken to identify areas of habitat of endangered species such as the
Golden-cheeked Warbler and the Black-capped Vireo within Comal County. Once this habitat is
identified and mapped, the Plan will also develop funding methodology to purchase mitigation
habitat areas so that when development occurs and any existing habitat is taken by this
development, it is mitigated by other habitat set aside within the County.


AWARDS AND ACKNOWLEDGEMENTS

The Government Finance Officers Association of the United States and Canada (GFOA) awarded
a Certificate of Achievement for Excellence in Financial Reporting to Comal County for its
Comprehensive Annual Financial Report for the year ended December 31, 2006. This was the
fifteenth consecutive year that the County has achieved this prestigious award. In order to be
awarded a Certificate of Achievement, a government must publish an easily readable and
efficiently organized comprehensive annual financial report. This report must satisfy both
generally accepted accounting principles and applicable legal requirements.

A Certificate of Achievement is valid for a period of one year only. We believe that our current
comprehensive annual financial report continues to conform to the Certificate of Achievement
Program's requirements and we are submitting it to GFOA to determine its eligibility for another
certificate.

The preparation of the Comprehensive Annual Financial Report on a timely basis was made
possible by the services of the entire staff of the County Auditor's Office with the primary roll for
the thirteenth year in succession being that of Ms. Sharon M. Ferrell and the efforts of our outside
auditor, Ms. Patricia K. Wagner, Certified Public Accountant of the firm of Holtman, Wagner &
Company, L.L.P., Certified Public Accountants. I hereby express my appreciation to all these
individuals who participated in its preparation. I also appreciate the support of the District Judges
in the efforts to improve the financial reporting by the County Auditor's Office.

Respectfully submitted,


<?J~4J~
David D. Renken, CPA
County Auditor




                                                 iv
         Certificate of

          Achievement

         for Excellence·

           in Financial

            Reporting

                     Presented to


           Comal County
                     Texas
          For its Comprehensive Annual
                  Financial Report
             for the Fiscal Year Ended
                 December 31, 2006
 A Certificate of Achievement for Excellence in Financial

Reporting is presented by the Government Finance Officers

     Association of the United States and Canada to

    government tmits and public employee retirement

     systems whose comprehensive annual financial

           reports (CAFRs) achieve the highest

            standards in government accounting

                  and fmancial reporting.





                                 President



                           Executive Director




                             v
                          I   Comal County Voters                   I

                                      I


~
       Tax Assessor Collector

                                                    Commissioners' Court

                                                              County Judge

                                                            Commissioners (4)

                                                                                           --
~
                Sheriff
                                            p.....­          Emergency Management

                                                                  Coordinator

          H Jail Administrator
                                                                    Director of

                                            -

          H Animal Control 1
                                 Information Technology


          -[Courthouse Security
            ,....­               Extension Service

                                                                      Agents


~    County Court-At-Law Judges (2)         ...........l

                                                                Public Health Nurse

                                                                                           1
                                            r-----l
~      Justices of the Peace (4)
                            Veterans' Services Officer



                                            ~
                                                                   Director of

~     Crinlinal District Attorney                                Human Resources



                                            ----l             Building Superintendent
~            District Clerk

                                            I
                   County Engineer
                                                                                           J
~            County Clerk                                              Environmental
                                                                          Health

~          County Treasurer                                           Rural Recycling
                                                                       Site Operator


--          Constables (4)                                                 Parks


                                       vi
                      District voters
      Carnal, Hays, Guadalupe, and Caldwell Counties




           22nd, 207th, 274th, and 433rd District Judges




      Juvenile Board
        County Judge                             Board of
County Court-At-Law Judge #1
County Court-At-Law Judge #2
                                             4 District Judges
  Criminal District Attorney                     and the
     207th District Judge                      County Judge
           and the
     274th District Judge



Juvenile Probation
                                               Purchasing Agent
    Director



            District Court
                                         County Auditor
            Administrator



                                         Adult Probation
           Court Reporters
                                            Director




                                  vii

                                  COMAL COUNTY, TEXAS
                                 DIRECTORY OF OFFICIALS
                                     December 31, 2007
                                                                 Area Code
DISTRICT COURT                                                    Phone #
JUDGE, 22ND JUDICIAL DISTRICT    CHARLES RAMSEY
                                 Hays County Courthouse            (512)
                                 San Marcos, Texas 78666         353-4376

JUDGE, 207TH JUDICIAL DISTRICT   JACK ROBISON
                                 Comal County Courthouse Annex
                                 150 North Seguin, Suite 317       (830)
                                 New Braunfels, Texas 78130      620-5562

JUDGE, 274TH JUDICIAL DISTRICT   GARY L. STEEL
                                 Guadalupe County Courthouse       (830)
                                 Seguin, Texas 78155             303-4188

JUDGE, 433RD JUDICIAL DISTRICT   DIBRELL WALDRIP
                                 ComaI County Courthouse Annex
                                 150 North Seguin, Suite 317       (830)
                                 New Braunfels, Texas 78130      620-5562

CRIMINAL DISTRICT ATTORNEY       GEOFF BARR
                                 ComaI County Courthouse Annex
                                 150 North Seguin, Suite 307       (830)
                                 New Braunfels, Texas 78130      620-5533

DISTRICT CLERK                   KATHY L. FAULKNER
                                 Comal County Courthouse Annex
                                 150 North Seguin, Suite 304
                                 New Braunfels, Texas 78130      620-5574

COURT REPORTER                   GRACE C. DUNCAN
                                 22ND JUDICIAL DISTRICT
                                 Hays County Courthouse            (512)
                                 San Marcos, Texas 78666         353-4376

COURT REPORTER                   MARY S. BRAUN
                                 207TH JUDICIAL DISTRICT
                                 Comal County Courthouse Annex
                                 150 North Seguin, Suite 317       (830)
                                 New Braunfels, Texas 78130      620-5562

COURT REPORTER                   RICHARD E. ROBERTS JR.
                                 274TH JUDICIAL DISTRICT
                                 Guadalupe County Courthouse        (830)
                                 Seguin, Texas 78155              303-4188

COURT REPORTER                   CINDY CUMMINGS
                                 433RD JUDICIAL DISTRICT
                                 ComaI County Courthouse Annex
                                 150 North Seguin, Suite 317        (830)
                                 New Braunfels, Texas 78130       620-5562

DISTRICT COURT ADMINISTRATOR     MARTIN ALLEN
                                 Comal County Courthouse Annex
                                 150 North Seguin, Suite 317        (830)
                                 New Braunfels, Texas 78130       620-5562


                                              viii
                                COMALCOUNTY,TEXAS
                               DIRECTORY OF OFFICIALS
                                   December 31,2007
                                                                            Area Code
COUNTY COURTS AT LAW                                                         Phone #
JUDGE, COUNTY COURT-AT-LAW#1   RANDAL C. GRAY
                               Comal County Courthouse
                               100 Main Plaza, Suite 203                      (830)
                               New Braunfels, Texas 78130                   620-5583

JUDGE, COUNTY COURT-AT-LAW#2   CHARLES A. STEPHENS II
                               Comal County Courthouse Annex
                               150 North Seguin, Suite 317                    (830)
                               New Braunfels, Texas 78130                   620-5593


COMMISSIONERS' COURT

COUNTY JUDGE                   DANNY R. SCHEEL
                               Comal County Commissioners' Court Building
                               199 Main Plaza                                 (830)
                               New Braunfels, Texas 78130                   620-5569

COMMISSIONER, PRECINCT NO.1    JACK DAWSON
                               Comal County Commissioners' Court Building
                               199 Main Plaza                                 (830)
                               New Braunfels, Texas 78130                   620-5569

COMMISSIONER, PRECINCT NO.2    JAY P. MILLIKIN
                               Comal County Commissioners' Court Building
                               199 Main Plaza                                 (830)
                               New Braunfels, Texas 78130                   620-5569

COMMISSIONER, PRECINCT NO.3    GREGORY E. PARKER
                               Comal County Commissioners' Court Building
                               199 Main Plaza                                  (830)
                               New Braunfels, Texas 78130                    620-5569

COMMISSIONER, PRECINCT NO.4    JAN W. KENNADY
                               Comal County Commissioners' Court Building
                               199 Main Plaza                                  (830)
                               New Braunfels, Texas 78130                    620-5569


JUSTICES OF THE PEACE

PRECINCT NO.1                  WILLIAM L. SCHROEDER
                               145 David Jonas Drive                           (830)
                               New Braunfels, Texas 78132                    608-2025

PRECINCT NO.2                  SUSAN T. DVORAK
                               P. O. Box 46                                    (830)
                               Bulverde, Texas 78163                         438-2266

PRECINCT NO.3                  DIANA V. GUERRERO
                               3079 West San Antonio Street                    (830)
                               New Braunfels, Texas 78132                    620-5547

PRECINCT NO.4                  JENNIFER K. SAUNDERS
                               P. O. Box 2038                                  (830)
                               Canyon Lake, Texas 78133                      964-3886


                                             ix
                            COMAL COUNTY, TEXAS
                           DIRECTORY OF OFFICIALS
                               December 31, 2007
                                                                        Area Code
OTHER COUNTY OFFICIALS                                                   Phone #
TAX ASSESSOR-COLLECTOR     SHERMAN KRAUSE
                           205 North Seguin Avenue                        (830)
                           New Braunfels, Texas 78130                   620-5521


COUNTY CLERK               JOY STREATER
                           Comal County Courthouse Annex
                           150 North Seguin, Suite 101                    (830)
                           New Braunfels, Texas 78130                   620-5513


COUNTY TREASURER           RENEE L. COUCH
                           Comal County Courthouse Annex
                           150 North Seguin, Suite 213                    (830)
                           New Braunfels, Texas 78130                   620-5507


COUNTY SHERIFF             ROBERT HOLDER
                           3005 W. San Antonio Street                     (830)
                           New Braunfels, Texas 78130                   620-3400


COUNTY AUDITOR             DAVID D. RENKEN, CPA
                           Comal County Courthouse Annex
                           150 North Seguin, Suite 201                    (830)
                           New Braunfels, Texas 78130                   620-5557


COUNTY JUVENILE OFFICER    JENNIFER SANDERS
                           171 East Mill Street                           (830)
                           New Braunfels, Texas 78130                   620-5541


COUNTY HEALTH NURSE        GWEN E. MILLS
                           Comal County Commissioners' Court Building
                           Suite 210                                       (830)
                           New Braunfels, Texas 78130                    620-5595


COUNTY EXTENSION AGENT ­   KATHLEEN GREER
COUNTY COORDINATOR I       325 Resource Drive                              (830)
HEALTH EDUCATOR            New Braunfels, Texas 78130                    620-3440


COUNTY EXTENSION AGENT­    R. GLENN AVRIETT, JR
AGRICULTURAL               325 Resource Drive                              (830)
                           New Braunfels, Texas 78130                    620-3440


COUNTY VETERANS SERVICE    MICHAELLE DAVIS
OFFICER                    Comal County Courthouse
                           100 Main Plaza, Room 108                        (830)
                           New Braunfels, Texas 78130                    620-5549


COUNTY ENGINEER            THOMAS HORNSETH
                           195 David Jonas Drive                           (830)
                           New Braunfels, Texas 78130                    608-2090


                                         x
                 COMAL COUNTY, TEXAS
                DIRECTORY OF OFFICIALS
                    December 31, 2007
                                               Area Code
CONSTABLES                                      Phone #
PRECINCT NO.1   BEN SCROGGIN
                145 David Jonas Drive            (830)
                New Braunfels, Texas 78132     608-2025


PRECINCT NO.2   KENNETH W. SMITH
                2350 Bulverde Road               (830)
                Bulverde, Texas 78163          438-2266


PRECINCT NO.3   CAYETANO (SANDY) T. MORALES
                3079 West San Antonio Street     (830)
                New Braunfels, Texas 78132     620-3457


PRECINCT NO.4   JASON S. RAPP
                160 Oak Drive                    (830)
                Canyon Lake, Texas 78133       964-4526




                              xi
(THIS PAGE INTENTIONALLY LEFT BLANK)

  COMAL COUNTY, TEXAS

    COMPREHENSIVE

ANNUAL FINANCIAL REPORT

          2007





    FINANCIAL SECTION
(THIS PAGE INTENTIONALLY LEFT BLANK)

HOLTMAN, WAGNER&COMPANY,L.L.P.
Certified Public Accountants
876 Loop 337 Building 501
New Braunfels, Texas 78130
830-625-1182
Fax 830-625-1498


INDEPENDENT AUDITORS' REPORT

To the Honorable County Judge and County Commissioners
Comal County, Texas

We have audited the accompanying financial statements of the governmental activities,
the business-type activities, the aggregate discretely presented component units, each
major fund, and the aggregate remaining fund information of Comal County, Texas as of
and for the year ended December 31, 2007 which collectively comprise the County's
basic financial statements as listed in the table of contents. We also have audited the
financial statements of the County's nonmajor governmental funds and budgetary
comparisons of the governmental funds presented as supplementary information in the
accompanying combining and individual fund financial statements as of and for the year
ended December 31, 2007 as listed in the table of contents. These financial statements are
the responsibility of Comal County Texas' management. Our responsibility is to express
opinions on these financial statements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted in the
United States of America and the standards applicable to financial audits contained in
Government Auditing Standards, issued by the Comptroller General of the United States.
Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements. An audit also includes assessing the accounting
principles used and significant estimates made by management, as well as evaluating the
overall financial statement presentation. We believe that our audit provides a reasonable
basis for our opinions.

In our opinion, the financial statements referred to above present fairly, in all material
respects, the respective financial position of the governmental activities, the business­
type activities, the aggregate discretely presented component units, each major fund, and
the aggregate remaining fund information of Comal County, Texas, as of December 31,
2007 and the respective changes in financial position and cash flows, where applicable,
thereof for the year then ended in conformity with accounting principles generally
accepted in the United States of America. In addition in our opinion the financial
statements referred to above present fairly in all material respects, the respective financial
position of each nonmajor governmental fund of Comal County as of December 31, 2007
and the respective changes in financial position thereof and the budgetary comparison of




                                      1
the special revenue funds and the debt service fund for the year then ended in conformity
with the accounting principles generally accepted in the United States of America.

In accordance with Government Auditing Standards, we have also issued our report dated
April 3, 2008 on our consideration of the County's internal control over financial
reporting and on our tests of its compliance with certain provisions of laws, regulations,
contracts, and grant agreements and other matters. The purpose of that report is to
describe the scope of our testing of internal control over financial reporting and
compliance and the results of that testing and not to provide an opinion on the internal
control over financial reporting or on compliance. That report is an integral part of an
audit performed in accordance with Government Auditing Standards and important for
assessing the results of our audit.

The Management's Discussion and Analysis and the budgetary information identified as
Required Supplementary Information in the table of contents are not a required part of the
basic financial statements but are supplementary information required by accounting
principles generally accepted in the United States of America. We have applied certain
limited procedures, which consisted principally of inquiries of management regarding the
methods of measurement and presentation of the required supplementary information.
However, we did not audit the information and express no opinion on it.

Our audit was conducted for the purpose of forming opinions on the financial statements
that collectively comprise the Comal County Texas' basic financial statements. The
introductory section and statistical tables are presented for purposes of additional analysis
and are not a required part of the basic financial statements. The accompanying schedule
of expenditures of federal awards is presented for purposes of additional analysis as
required by U.S. Office of Management and Budget Circular A-133, Audits of States,
Local Governments, and Non-Profit Organizations, and is also not a required part of the
basic financial statements of Comal County, Texas. The schedule of expenditures of
federal awards has been subjected to the auditing procedures applied in the audit of the
basic financial statements and, in our opinion, is fairly stated in all material respects in
relation to the basic financial statements taken as a whole. The introductory section and
statistical tables have not been subjected to the auditing procedures applied in the audit of
the basic financial statements and, accordingly, we express no opinion on them.




New Braunfels, Texas

April 3, 2008




                                      2
MANAGEMENT'S DISCUSSION AND ANALYSIS

This section of Comal County's annual financial report presents our discussion and analysis of the
County's financial performance during the fiscal year ended December 31, 2007. Please read it in
conjunction with the County's financial statements, which follow this section.

FINANCIAL HIGHLIGHTS

  •	   The County's total combined net assets exceeded its liabilities by $128,496,331 at December 31,
       2007. Of this amount, $20,933,498 is available to meet the County's ongoing obligations.
  •	   The County's total net assets increased by $7,073,095 over the prior year.
  •	   During the year, the County generated $4,464,600 more in taxes and other revenues than the
       expenses of $41 ,690,515 for governmental activities at the fund level.
  •	   The general fund's fund balance increased to $10,504,143 at the end of 2007, an increase of
       $3,852,660 over 2006.
  •	   The County's total debt increased by $20,190,000 (400 percent) with the issuance of general
       obligation bonds for the County's capital projects.

OVERVIEW OF THE FINANCIAL STATEMENTS

The financial section of this annual report consists of four parts-management's discussion and analysis
(this section), the basic financial statements, required supplementary information, and other
supplementary information. The basic financial statements include two kinds of statements that present
different views of the County:

                                                                        FigureA-1. ReqUired Corqxx1ents cithe

  •	   The first two statements are government-wide
       financial statements that provide both long-term and                County's Annual Financial Report

       short-term information about the County's overall
       financial status.                                                    r-------- -----------_. ---­
                                                                            I
                                                                            I
                                                                            I


  •	   The remaining statements are fund financial                   MJnt:fIei,elt's
       statements that focus on individual parts of the                                         BaSe                   I«f.,ired
                                                                     DI....minn
       government, reporting the County's operations in more                                   Rrsmal              SlfPerTlilr&Jy
                                                                     and
                                                                                             staterrens             Irlonretioo
       detail than the government-wide statements.                   Armysls



  •	   The governmental funds statements tell how general
       government services were financed in the short term
       as well as what remains for future spend ing.
                                                                                       J:..----------------- --- ... -----,I
                                                                                                                           I
  •	   Proprietary fund statements offer short- and long-term
       financial information about the activities the
       government operates like businesses, such as self­            GlmrmErt-                   FI.nf
       funded health insurance.                                      Wde Rnartial              Rnartial
                                                                       Slalerrerm            staterrens

  •	   Fiduciary fund statements provide information about
       the financial relationships in which the County acts
       solely as a trustee or agent for the benefit of others, to
       whom the resources in question belong.
                                                                    5unTeJy     -.<                                ::>-        lSlail


The financial statements also include notes that explain some of the information in the financial
statements and provide more detailed data. The statements are followed by a section of required
supplementary information that further explains and supports the information in the financial statements.
Figure A-1 shows how the required parts of this annual report are arranged and related to one another.




                                                       3
Figure A-2 summarizes        Figure A-2, Major Features of the County's Government-wide and Fund Financial Statements
the major features of the                                                                                           Fund Statements
County's         financial   Type of Statements           Government·wlde       Governmental Funds                 Pro crleta ry Funds              Fiduciary Funds
                             Scope                    Entire County's          The ectMies of the               ActMies the County            Instances in which the
statements,     including                             gowmment (except         County that are not              operates similar to private   County is the trustee or
the portion of the                                    fiduciary funds) and the proprietary or fiduciary         businesses: self              agent for someone else's
                                                      County's component units                                  insurance                     resources
County       government
they cover and the           ReqUired financial
                             statements
                                                      Statement of net assets      Balance sheet                Statement of net assets       Statement of fiduciary net
                                                                                                                                              assets
types of information                                  Statement of acti"lies       Statement of rewnues,    Statement of rewnues,   Statement of changes in
they contain.         The                                                          expenditures and         expenses end changes in fiduciary net assets
                                                                                   changes In fund balances fund net assets
remainder      of     this
                                                                                                                Statement of cash flows
overview section of          Acccounting basis and Accrual accounting and          Modified accrual             Accrual accounting and        Accrual accounting and
management's                 measurement focus         economic resources focus accounting and current          economic resources            economic resources focus
                                                                                   financial resources focus    focus
discussion and analysis      Type of asset I liability All assets and liabilities, Only assets expected to      All assets and liabilities,   All assets and liabilities,
explains the structure       infonnation               both financial and capital, be used up and liabilities   both financial and capital,   both short-lenn and long·
                                                       short-tenn and long-lenn that come due during the        and short·tenn and long-      tenn; the County's funds do
and contents of each of                                                            year or soon thereafter,     tenn                          not currently contain capital
the statements.                                                                    no capital assets                                          assets, although they can.
                             Type of in"owI outflow All rewnue and expenses        Rewnues for wtich cash       All rewnue and expenses       All rewnue and expenses
                             infonnation            during the year, regardiess    is receiwd during or soon    during the year,              during tha yaar, regardless
                                                    of when cesh is receiwd or     after the end of the year,   regardless of when cash       of whan cash is receiwd or
                                                    paid                           expenditures when goods      is receiwd or paid            paid
                                                                                   or saNcas haw been
                                                                                   recaiwd and payment is
                                                                                   due during the year or
                                                                                   soon thereafter




Government-wide Statements

The government-wide statements report information about the County as a whole using accounting
methods similar to those used by private-sector companies. The statement of net assets includes all of
the government's assets and liabilities. All of the current year's revenues and expenses are accounted
for in the statement of activities regardless of when cash is received or paid.

The two government-wide statements report the County's net assets and how they have changed. Net
assets-the difference between the County's assets and liabilities-is one way to measure the County's
financial health or position.

  •	   Over time, increases or decreases in the County's net assets are an indicator of whether its
       financial health is improving or deteriorating, respectively.

  •	   To assess the overall health of the County, one should consider additional non-financial factors
       such as changes in the County's tax base

The government-wide financial statements of the County include the Governmental activities. Most of the
County's basic services are included here, such as the justice system, public safety, corrections,
infrastructure, and health services. Property taxes, sales taxes, fees of office, charges for services and
grants finance these activities.


Fund Financial Statements

Fund financial statements are groupings of related accounts that are used to maintain control over
resources that have been segregated for specific activities or objectives. The County, like other state and
local governments, uses fund accounting to ensure and demonstrate finance-related legal compliance. All
of the funds of the County can be divided into three categories: governmental funds, proprietary funds,
and fiduciary funds.




                                                                         4
Governmental funds-Governmental funds are used to account for essentially the same functions
reported as governmental activities in the government-wide financial statements. However, unlike the
government-wide financial statements, governmental fund financial statements focus on near-term inflows
and outflows of spendable resources, as well as on balances of spendable resources available at the end
of the year. Such information may be useful in evaluating a government's near-term financing
requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial
statements, it is useful to compare the information presented for governmental funds with similar
information presented for governmental activities in the government-wide financial statements. By doing
so, readers may better understand the long-term impact of the government's near-term financing
decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues,
expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between
governmental funds and governmental activities.

The County maintains fifty individual governmental funds. Information is presented separately in the
governmental fund balance sheet and in the governmental fund statement of revenues, expenditures, and
changes in fund balances for the general fund, the road and bridge fund, and the capital projects fund, all
of which are considered to be major funds. Data from other governmental funds are combined into a
single, aggregated presentation. Individual data for each of these non-major governmental funds is
provided in the form of combining statements elsewhere in this report.

Proprietary funds-The County maintains just one type of proprietary fund. Internal service funds are
an accounting device used to accumulate and allocate costs internally among the County's various
functions. The County uses internal service funds to report activities that prOVide supplies and services
for the County's other programs and activities-such as the County's Self Insurance Fund. Because
these services predominantly benefit governmental rather than business-type functions, they have been
included within governmental activities in the government-wide financial statements.

Proprietary funds provide the same type of information as the government-wide financial statements, only
in more detail. Individual data for the internal service funds is provided in the form of combining
statements elsewhere in this report.

Fiduciary funds-Fiduciary funds are used to account for resources held for the benefit of parties
outside the government. Fiduciary funds are not reflected in the government-wide financial statement
because the resources of those funds are not available to support the County's own programs. The
accounting used for fiduciary funds is much like that used for proprietary funds.


Notes to the Basic Financial Statements provide additional information that is essential to a full
understanding of the data provided in the government-wide and fund financial statements. The notes can
be found on pages 22-40.


Required and Other Supplementary Information is presented concerning the County's major funds.
The General Fund, the Road and Bridge Fund, and the Capital Projects Fund are the County's major
funds. The County adopts annual budgets for the General Fund and the Road and Bridge Fund. A
budgetary comparison schedule, which includes the original and final amended budget and actual figures,
has been provided to demonstrate compliance with this bUdget. The Capital Projects Fund is budgeted
on a project basis instead of an annual basis. Required supplementary information can be found on
pages 41-43.

The combining and individual fund statements and schedule referred to earlier provide information for
non-major governmental funds, internal service funds, agency funds, and component units and are
presented immediately following the required supplementary information. Additionally, the County legally




                                                    5
adopts bUdgets for a number of other governmental funds. BUdgetary comparison schedules and
combining and individual fund statements and schedules can be found on pages 69-129.

GOVERNMENT-WIDE FINANCIAL ANALYSIS

GASB 34, Basic Financial Statements-and Management's Discussion and Analysis-for State and Local
Governments require that the County provide a comparative analysis of government-wide data.


The County's combined net assets were $128,496,331 at December 31,2007. (See Table A-1).

Table A-1
                                          ComaI County

                                           Net Assets

                                        December 31, 2007

                                                                 2007                       2006
                                                        Governmental                    Governmental
                                                          Activities                      Activities
Current and Other Assets                                $   72,301,215                  $ 43,015,768
Capital Assets                                             113,932,219                    112,130,159
      Total Assets                                             186,233,434                155,145,927
Other Liabilities                                               32,997,524                 28,003,199
Long-term Liabilities                                           24,739,579                  5,719,492
      Total Liabilities                                         57,737,103                 33,722,691
Net Assets:
 Invested in Capital Assets, Net of Related Debt               107.719,777                106,215,159
 Restricted                                                        637,740                    452,422
 Unrestricted                                                   20,138,814                 14,755,655
      Total Net Assets                                  $      128,496,331              $ 121,423,236




Changes in net assets. The County's total revenues were $ 48,470,754. A significant portion, 69%
($33,108,569) of the County's revenue comes from taxes. (See Table A-2.) Charges for services make
up 17% ($8,423,612) of revenues while the remaining 14% ($6,938,573) comes from other sources such
as fees of office and other revenues and reimbursements.

The total cost of all programs and services was $41,397,659; of these costs $10,031,430 (25%) was for
public safety, $7,525,805 (18%) for corrections and rehabilitation, $6,928,431 (17%) for general
government, $8,006,818 (19%) for infrastructure and $4,942,815 (12%) for justice system. Other
programs account for the remaining 9%.

                                                                       Figure A-3
  •     Property tax rates increased by $0.0089         County Sources of Revenue - Governmental
        per $100 valuation. This rate coupled                          Activities
        with the increasing values enabled an
        increase of tax revenues to $23,290,840.                               Other
                                                            Other taxes      revenues       Charges for
                                                               20%              4%           services
                                                                                               17%

                                                                                                Grants and
                                                                                               co ntributio ns
                                                                                                     8%




                                                   6
                                                                               Figure A·4
   •   Expenditures increased in all areas                             County Expenses by Function
       except general government and                                     Governmental Activities
       infrastructure and environment with
                                                       Infrastructure
       an overall increase of $1,527,688 or                                    Debt service        General
                                                            and
       4.4%.                                                                       1%            government
                                                        environment
                                                            19%                                     17%

                                                      Health and                                           Justice system
                                                        human                                                   12%
                                                       services
                                                         7%
                                                                                                    F\Jblic safety
                                                              Corrections
                                                                                Corrmunity and          25%
                                                                  and
                                                              rehabilitation      economic
                                                                   18%           development
                                                                                        1%




Table A-2
                                             Comal Cou nty

                                          Changes in Net Assets

                                           December 31, 2007

                                                                       2007                             2006
                                                                   Governmental                     Governmental
                                                                     Activities                       Activities
REVENUES:
Program Revenues:
    Charges for services                                           $      8,423,612                $       9,862,409
    Operating grants and contributions                                    2,104,769                        2,254,303
    Capital grants and contributions                                      2,773,593                        6,365,440
General Revenues:
   Taxes:
        Property taxes                                                   23,290,840                       21,984,344
        Other taxes                                                       9,817,729                        9,291,674
    Other                                                                 2,060,211                        1,279,199
Total revenues                                                           48,470,754                       51,037,369
EXPENSES:
    General government                                                 6,928,431                        7,245,755
    Justice system                                                     4,942,815                        4,745,583
    Public safety                                                     10,031,430                        8,649,901
    Corrections and rehabilitation                                     7,525,805                        7,038,332
    Health and human services                                          2,952,828                        2,715,045
    Community and economic development                                   389,403                          330,246
    Infrastructure and environment                                     8,006,818                        8,893,574
    Debt service                                                         620,129                          251,525
Total expenses                                                        41,397,659                       39,869,961
Net Increase I (Decrease) in Net Assets                                7,073,095                       11,167,408
Beginning Net Assets                                                 121,423,236                      110,255,828
Ending Net Assets                                                  $ 128,496,331                    $ 121,423,236




                                                  7
                                     Expenses and Program Revenues - GovernlTl9ntal Activities

                                                                113 EJcpenses   _ Program Rewnues      I


  $12,000,000 , - - - - - - - - - - - - - - - - - - - - - - - -                                                                                         -----,




  $10,000,000   +---------­

   $8,000,000   +---------­

   $6,000,000



   $4,000,000



   $2,000,000



           $­
                   General     Justice system   RJblic safety     Corrections and   Heanh and hurren       Community and   hfrastructure and   Debt service
                 governrrent                                       rehabirl\ation       services             econonic         environrrent
                                                                                                            developrrent




FINANCIAL ANALYSIS OF THE COUNTY'S FUNDS

Governmental Funds

The County's major general government functions are contained in the General, Special Revenue, Debt
Service, and Capital Projects Funds. The focus of the County's governmental funds is to provide
information on near-term inflows, outflows, and balances of spendable resources. Such information is
useful in assessing the County's financing requirements. In particular, unreserved fund balance may
serve as a useful measure of a government's net resources available for spending at the end of the fiscal
year.

At December 31, 2007, the County's governmental funds reported combined fund balances of
$38,207,742, an increase of $24,844,420 in comparison with the prior year. Approximately 39% of the
combined fund balances constitutes unreserved fund balance, which is available to meet the County's
current and future needs. Approximately 48% of the combined fund balance is in the capital project fund
and is reserved for construction projects. The remainder of fund balance is reserved to indicate that it is
not available for new spending because it has been committed for encumbrances, debt service, and grant
expend itu res.

The General Fund is the chief operating fund of the County. At December 31, 2007, the General Fund
reported revenues of $31,837,002, an increase of $202,143 or less than 1% over the prior year. Ad
valorem taxes decreased as a result of a change in the allocation to the funds. The County was below
budget in most revenues for 2007. In 2007 the County received $6,810,372 in sales and use taxes, an
increase of $585,974, or 9.4% over 2006, which allowed the General Fund to exceed the budgeted
revenues.

Expenditures in the General Fund increased by $2,418,448 over 2006. The increase was due primarily to
personnel expenditures that resulted from a cost of living raise on January 1, 2007 and merit raises in
July 2007. The General Fund also spent $629,109 more on capital equipment in 2007 than in 2006 with
$279,408 for public safety and $189,265 for community and economic development.




                                                                         8
The fund balance in the County's General Fund increased by $3,852,660 during the current fiscal year.
Key factors in this increase were as follows:

    •   Higher than budgeted revenues.
    •   Lower than budgeted expenditures.

The Road and Bridge Fund is the County's second major fund. At December 31, 2007, the Road and
Bridge fund reported revenues of $6,692,459, an increase of $738,552 or 12.4% over the prior year. The
increase is due to a $528,376 or 17.1% increase in ad valorem taxes. Ad valorem taxes increased as a
result of an increase in the amount allocated to the Road and Bridge Fund.

Expenditures in the Road and Bridge Fund increased $609,120 over 2006.

The fund balance in the Road and Bridge fund increased by $858,406 during the current fiscal year. The
key factors were as follows:

    •   Increased tax rate.
    •   Higher than budgeted revenues.
    •   Lower than budgeted expenditures.


The Capital Projects Fund is the County's third major fund and is used to account for receipts and
disbursements relating to the acquisition or construction of major capital projects. At December 31, 2007,
the fund balance increased $19,602,097 from the prior year. This is the result of the County issuing
$20,190,000 in general obligation debt to fund various projects.


The Debt Service Fund is used to account for receipts and disbursements relating to the County's long­
term bonded debt obligations. At December 31, 2007, the fund balance increased $93,059 from the prior
year.


Proprietary funds - Internal service funds provide the same type of information found in the
government-wide financial statements, but in more detail. The County has two internal service funds
used to report activities that provide services and supplies to the County's other programs and activities.

The Comal County Health Insurance fund reports the activities connected with the County's self­
insurance program for employee health insurance. At December 31, 2007, the fund balance increased
$70,268 or 3.6% from the prior year.

The Damage Control fund was eliminated at the beginning of 2007 and the fund balance at December 31,
2006 was transferred to the General Fund.


General Fund Budgetary Highlights

Actual revenues were $1,255,114 above the budget. The most significant variances between the budget
and actual revenues were in sales and use taxes, interest, fees of office, and charges for services.

Since the County budgets by line-item, there were 50 budget amendments and line-item transfers during
the year which resulted in a $715,703 increase in the budgeted expenditures for all budgeted funds with
$428,531 of the increase in the general fund. The actual expenditures in the general fund for 2007 were
$1,717,288 below the final amended budget.




                                                    9
CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets

At the end of 2007, the County had invested $113,932,219 in capital assets for its governmental activities.
This investment in capital assets includes land, improvements, buildings, infrastructure, equipment and
vehicles.

TableA-3
                                     Comal County's Capital Assets
                                         (net of depreciation)
                                                               2007                            2006
                                                           Governmental                    Governmental
                                                             Activities                      Activities
Land                                                     $       5,568,602             $       5,403,411
Buildings                                                       12,939,773                    13,086,250
Improvements other than buildings                                1,047,266                       947,769
Furniture, fixtures and equipment                                3,946,580                     2,955,437
Infrastructure                                                  88,718,502                    88,586,638
Construction in process                                          1,711,496                     1,150,654
Net capital assets                                       $     113,932,219             $     112,130,159


Major capital asset events during the current year included the following:

    •	   The County accepted new subdivision roads valued at $2,085,120 into the County's
         infrastructure.
    •	   The County purchased $1,492,017 in vehicles and other capital assets for public safety.
    •	   The County spent $728,428 for road equipment and a new maintenance shop for the Road and
         Bridge Fund.

Additional information on Comal County's capital assets can be found in note 1.0.4. on page 28 and in
note 3.C. on page 32.


Long Term Debt                                                                Bond Ratings
                                                                              The County's bonds presently
At	 year-end the County had $24,980,000 in bonds and notes                    carry "Aaa" ratings with
outstanding as shown in Table A-4. More detailed information about            underlying ratings as follows:
the County's debt is presented in the Notes to the Financial Statements       Moody's Investor Services
in note 3.E. on pages 34 - 36.                                                "A3" and Standard & Poors
                                                                              "A".

TableA-4

                                     Comal County's Long Term Debt


                                                                2007                         2006
                                                            Governmental                 Governmental
                                                              Activities                   Activities
                                                          $    24,980,000              $      5,915,000
Bonds and notes payable
Compensated absences payable                                       648,752                        618,219
Net pension obligation                                             361,360                        356,811
                                                          $     25,990,112             $        6,890,030




                                                    10
ECONOMIC FACTORS AND NEXT YEAR'S BUDGETS AND RATES

The opening of new businesses in Comal County during the year prevented the unemployment rate from
increasing above 3.5% at year-end, an increase from 3.3% at the end of 2006. This is very favorable
compared to the state's average of 4.3% and the national average rate of 5.0%.

New subdivisions continue to be created from land previously classified for agricultural use, there by
increasing the value of the property and the County's tax levy without tax rate increases.


CONTACTING THE COUNTY'S FINANCIAL MANAGEMENT

This financial report is designed to provide our citizens, taxpayers, customers, and investors and creditors
with a general overview of the County's finances and to demonstrate the County's accountability for the
money it receives. If you have questions about this report or separately issued component unit financial
statements, or need additional financial information, contact the County Auditor's Office, 150 North
Seguin Street, Suite 201, New Braunfels, Texas 78130.




                                                    11
(THIS PAGE INTENTIONALLY LEFT BLANK)

  CO MAL COUNTY, TEXAS

     COMPREHENSIVE

ANNUAL FINANCIAL REPORT

           2007





BASIC FINANCIAL STATEMENTS
                                                       COMAL COUNTY, TEXAS
                                                     STATEMENT OF NET ASSETS
                                                         December 31,2007

                                                                               Primary
                                                                              Government
                                                                          Governmental            Component
                                                                            Activities              Units
ASSETS
Cash:
     Cash and cash equivalents                                            $     52,011,125    $      1,918,323
     Investments                                                                 1,637,635             235,066
     With fiscal agents                                                                              1,959,891
Receivables (net of allowance for uncollectables):
     Current ad valorem taxes                                                    15,055,497          2,472,459
     Delinquent ad valorem taxes                                                    894,421             77,157
     Accrued interest on investments                                                                       413
     Sales and use taxes                                                          1,247,467              1,200
     Miscellaneous                                                                1,107,583
Due from fiduciary funds
Materials & supplies inventory, at cost                                             49,756
Capital assets (net of accumulated depreciation):
     land                                                                         5,568,602           250,830
     Buildings                                                                   12,939,773           163,413
     Improvements other than buildings                                            1,047,266
     Furniture, fixtures and equipment                                            3,946,580          1,249,662
     Infrastructure                                                              88,718,502
     Construction in process                                                      1,711,496           191,228
Other Non-Current Assets                                                            297,731
           Total assets                                                         186,233,434          8,519,642

LIABILITIES
Accounts payable                                                                  1,780,051            144,166
Accrued interest payable                                                            580,018             21,869
Unearned revenues                                                                29,386,922          2,756,893
Noncurrent liabilities:
     Due within one year
                                                         1,250,533             97,446
     Due in more than one year
                                                  24,739,579            931,569
           Total liabilities                                                     57,737,103          3,951,943
NET ASSETS
Invested in capital assets, net of related debt                                 107,719,777            826,118
Restricted for:
      Debt service                                                                  637,740
Unrestricted                                                                     20,138,814          3,768,808
Total net assets                                                          $     128,496,331   $      4,594,926




The accompanying notes are an integral part of this statement.



                                                                 12
                                                                                                         COMAL COUNTY, TEXAS

                                                                                                       STATEMENT OF ACTIVITIES

                                                                                                  For the Year Ended December 31,2007



                                                                                                                                                                             Net (Expense) Revenue and Changes in Net

                                                                                                                         Program Revenues                                                     Assets

                                                                                                                                                                            Primary Government
                                                                                                                                Operating             Capital Grants
                                                                                                         Charges for           Grants and                  and
        Functions/Programs                                                    Expenses                    Services            Contributions           Contributions     Governmental Activities        Component Units
        Primary government:
        Govemmental activities:
            General govemment                                             $      6,928,431           $       3,256,050    $                   -   $                     $             (3,672,381)     $
            Justice system                                                       4,942,815                   2,870,067              120,469                                           (1,952,279)
            Public safety                                                       10,031,430                     756,056              799,096                  650,363                  (7,825,915)
            Corrections and rehabilitation                                       7,525,805                     623,927              617,473                        -
                 (6,284,405)
             Health and human services                                           2,952,828                     472,303              441,092                   23,010                  (2,016,423)
             Community and economic development                                    389,403                      80,493                        -                    -
                   (308,910)
             Infrastructure and environment                                      8,006,818                     364,716              126,639                2,100,220                  (5,415,243)
             Debt service                                                          620,129                                                                                              (620,129)
                   Total govemmental activities                                41,397,659                    8,423,612             2,104,769               2,773,593                 (28,095,685)

        Total primary govemment                                           $    41,397,659            $       8,423,612   $         2,104,769      $        2,773,593                 (28,095,685)

.....   Component units:
w
           Emergency Services District #1                                $         370,464           $                   $                    -   $                                                            (370,464)
              Emergency Services   District #2                                     325,129                                                                                                                     (325,129)
              Emergency Services   District #3                                   1,169,920                                                                                                                   (1,169,920)
              Emergency Services   District #4                                     629,417                                                                                                                     (629,417)
              Emergency Services   District #5                                     514,159                                                                                                                     (514,159)
              Emergency Services   District #6                                     361,133                                                                                                                     (361,133)
              W.O.R.D.                                                             416,392                                                                                                                     (416,392)
        Total Component Units                                            $       3,786,614           $                   $                        $                                                          (3,786,614)

                                                                         General revenues:
                                                                            Ad valorem taxes                                                                                         23,290,840               4,096,108
                                                                              Sales and use tax                                                                                       6,810,372               1,734,520
                                                                              Auto reg istration and title                                                                            2,414,081
                                                                              Mixed drink taxes                                                                                         187,205
                                                                              Bingo taxes                                                                                                 18,259
                                                                              Other Taxes                                                                                               387,812
                                                                              Intergovemmental/ unrestricted                                                                            263,520
                                                                              Interest on deposits                                                                                    1,710,175                 70,416
                                                                              Miscellaneous revenue                                                                                     105,695                135,221
                                                                              Loss on sale of capital assets                                                                             (19,179)
                                                                                    Total general revenues                                                                           35,168,780              6,036,265
                                                                                    Change in net assets                                                                              7,073,095              2,249,651
                                                                         Net assets - beginning                                                                                     121,423,236              2,345,275
                                                                         Net assets - ending                                                                            $           128,496,331       $      4,594,926


        The accompanying notes are an integral part of this statement.
                                                                      COMAL COUNTY, TEXAS

                                                                        BALANCE SHEET

                                                                     GOVERNMENTAL FUNDS
                                                                         December 31, 2007

                                                                                                                                       Other                Total
                                                                                                                                    Governmental         Governmental
                                                                     General Fund          Road and Bridge   Capital Projects          Funds                Funds
ASSETS
Cash and cash equivalents                                        $      18,632,428         $     5,278,406   $    18,782,968    $       7,285,488    $      49,979,290
Investments                                                                                      1,637,635                                                   1,637,635
Receivables (net of allowance for uncollectables)
     Current ad valorem taxes                                            9,807,472               2,546,835                              2,701,190           15,055,497
     Delinquent ad valorem taxes                                           641,587                 133,591                                119,243              894,421
     Sales and use taxes                                                 1,247,467                                                                           1,247,467
     Miscellaneous                                                         156,790                  21,312                                929,481            1,107,583
Due from other funds                                                       143,096                                                                             143,096
Inventory, at cost                                                          35,644                  14,112                                                      49,756

           Total assets                                          $      30,664,484         $     9,631,891   $    18,782,968    $      11,035,402    $      70,114,745


LIABILITIES AND FUND BALANCES

Liabilities:
      Accounts payable - trade                                             462,933                 178,745            15,410             1,039,699           1,696,787
      Accrued interest payable                                                                                                              94,953              94,953
       Deferred revenues                                                18,452,501               4,753,867                               5,036,286          28,242,654
       Due to other agencies                                             1,115,892                                                         468,278           1,584,170
       Due to other funds                                                   38,553                 100,139                                  42,957             181,649
       Estimated liability for
             compensated absences                                           90,462                  16,328                                                     106,790

           Total liabilities                                            20,160,341               5,049,079             15,410            6,682,173           31,907,003
Fund balances:
     Reserved for:
          Encumbrances                                                      61,993                  31,896           309,619                1,764               405,272
          Debt service                                                                                                                    637,740               637,740
          Special revenue funds                                                                                                           392,673               392,673
          Capital projects funds                                                                                  18,457,939                                 18,457,939
     Unreserved, reported in
          General fund                                                   10,442,150                                                                          10,442,150
          Special revenue funds                                                                  4,550,916                               3,321,052            7,871,968

           Total fu nd balances                                          10,504,143              4,582,812        18,767,558             4,353,229           38,207,742

Total liabilities and fund balances                              $       30,664,484        $     9,631,891   $    18,782,968    $       11,035,402   $       70,114,745




The accompanying notes are an integral part of this statement.
                                                                                      14
                                             COMAL COUNTY, TEXAS

                           RECONCILIATION OF BALANCE SHEET - GOVERNMENTAL FUNDS TO

                                           STATEMENT OF NET ASSETS

                                                December 31, 2007



Total fund balances· governmental funds                                               $   38,207,742


Amounts reported for governmental activities in the statement of net
  assets are different because:


     Capital assets used in govenmental activities are
       expensed in the funds                                                              113,932,219


     Payables for bond principal which are not due in the current
       period are not reported in the funds                                               (24,980,000)


     Bond issue costs are expensed in the funds                                              297,731


     Bond premiums are an other resource in the funds                                        (298,790)


     Payables for bond interest which are not due in the current
       period are not reported in the funds                                                  (485,065)


     Compensated absences which are not due in the current
       period are not reported in the funds                                                  (541,962)


     Net pension obligation is not reported in the funds                                     (361,360)


     Internal service funds assets and liabilities are included in the
        governmental activities in the statement of net assets                              1,987,123


     Property tax receivable unavailable to pay current year
       expenditures is deferred in the funds                                                  738,693


Net assets of governmental activities - statement of net assets                       $   128,496,331




The accompanying notes are an integral part of this statement.

                                                                         15
                                                     COMAL COUNTY, TEXAS

                               STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES

                                                                       GOVERNMENTAL FUNDS
                                                              For the Year Ended December 31, 2007

                                                                                                                                Other                 Total
                                                                                                                             Govemmental          Governmental
                                                            General Fund       Road and Bridge       Capital Projects           Funds                Funds

REVENUES

Taxes:
      Ad valorem                                       $       16,598,897      $        3,608,554    $                   $       3,073,477    $      23,280,928
      Sales and use                                             6,810,372                                                                             6,810,372
      Auto registration and title                                                       2,414,081                                                     2,414,081
      Mixed drink                                                   187,205                                                                             187,205
      Bingo                                                          18,259                                                                              18,259
      Other                                                         387,812                                                                             387,812
Fees of office                                                    3,224,535                                                        830,994            4,055,529
Reimbursements                                                                                                                     116,122              116,122
Charges for services                                              3,510,382              315,316                                   451,104            4,276,802
Interest on deposits                                                770,919              330,539             289,327               227,002            1,617,787
Operating grants and contributions                                  246,895                                                      1,857,874            2,104,769
Capital grants and contributions                                                                                                   688,473              688,473
Miscellaneous .revenue                                              81,726                 23,969                                                       105,695
Asset forfeitures                                                                                                                  91,281                91,281
          Total revenues                                         31,837,002             6,692,459            289,327             7,336,327           46,155,115

EXPENDITURES

Current:
     General government                                           6,260,183                                                        412,438             6,672,621
     Justice system                                               4,319,459                                                        530,833             4,850,292
     Public safety                                                8,313,301                                                        876,881             9,190,182
     Corrections and rehabilitation                               6,493,712                                                        876,217             7,369,929
     Health and human services                                    1,033,808                                                      1,858,744             2,892,552
     Community and economic development                             271,853                                                         39,201               311,054
     Infrastructure and environment                                 321,362             5,100,625                                  177,093             5,599,080
Debt service:
     Administrative charges                                                                                                          2,624                 2,624
     Interest                                                                                                                      221,420               221,420
     Principal retirement                                                                                                        1,125,000             1,125,000
Capital outlay:                                                   1,117,182               728,428            887,230               722,921             3,455,761
          Total expenditures                                     28,130,860             5,829,053            887,230             6,843,372            41,690,515

Excess (deficiency) of revenues over expenditures                 3,706,142               863,406           (597,903)              492,955             4,464,600

OTHER FINANCING SOURCES (USES)
Sale of capital assets                                               32,422                                                                               32,422
Transfers to other funds                                            (46,679)               (5,000)                                  (8,377)              (60,056)
Transfers from other funds                                          160,775                                                         46,679               207,454
Bond proceeds, net                                                                                        19,896,145                                  19,896,145
Bond proceeds, premium                                                                                       303,855                                     303,855
        Total other financing sources and uses                      146,518                (5,000)        20,200,000                38,302            20,379,820

           Net change in fund balances                            3,852,660               858,406         19,602,097               531,257            24,844,420
Fund balances -- beginning                                        6,651,483             3,724,406            (834,539)           3,821,972            13,363,322

Fund balances -- ending                                 $        10,504,143    $        4,582,812    $    18,767,558     $       4,353,229    $       38,207,742




The accompanying notes are an integral part of this statement.
                                                                                   16
                                            COMAL COUNTY, TEXAS

                              RECONCILIATION OF THE STATEMENT OF REVENUES,

                    EXPENDITURES, AND CHANGES IN FUND BALANCES· GOVERNMENTAL FUNDS

                                      TO THE STATEMENT OF ACTIVITIES

                                     For the Year Ended December 31,2007



Amounts reported for govemmental activities in the statement of activities are
     different because:

           Net change in fund balances -- total governmental funds                               $   24,844,420


                Capital outlays are not reported as expenses in the statement of activities           8,126,245
                Depreciation of capital assets is not recorded in the funds                           (6,324,185)
                Repayment of bond principle is an expenditure in the funds but a
                  reduction of the liability in the statement of net assets                           1,125,000
                Bond issues are recorded as a current resource in the funds, but as
                  a liability in the statement of net assets                                         (20,200,000)
                Bond issue costs are capitalized and amortized in the statement of net assets             (8,343)
                Bond premiums are amortized in the statement of net assets                                 5,064
                Increase in non-current portion of compensated absences is not an expenditure
                   in the funds, but is recorded as a liability in the statement of net assets           (30,533)
                Property taxes uneamed in the funds are recognized as revenue in
                  the statement of activities                                                              9,912
                Increase in accrued interest payable from beginning of the period
                   to the end of the period                                                             (392,806)
                Net expenditure in the internal service funds are reported in the
                  govemmental activities                                                                 (77,130)
                Increase in net pension obligation is not reported in the funds                           (4,549)

           Change in net assets of governmental activities - statement of activities             $     7,073,095




The accompanying notes are an integral part of this statement.
                                                                         17
                                           COMAL COUNTY, TEXAS

                                       STATEMENT OF FUND NET ASSETS

                                            PROPRIETARY FUNDS

                                             December 31, 2007





                                                                         Internal
                                                                       Service Fund


ASSETS
Current assets:
  Cash and cash equivalents                                            $   2,031,835
  Due from other funds                                                        38,553
     Total Current assets:                                                 2,070,388

           Total assets                                                    2,070,388

LIABILITIES AND FUND BALANCES

Current liabilities:
  Accounts payable - trade                                                   83,265
     Total Current liabilities:                                               83,265

           Total liabilities                                                  83,265

NET ASSETS

Restricted for future claims                                               1,987,123


           Total net assets                                            $   1,987,123




The accompanying notes are an integral part of this statement. 18
                                  COMAL COUNTY, TEXAS

           STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET ASSETS

                                   PROPRIETARY FUNDS

                           For the Year Ended December 31, 2007





                                                                           Internal
                                                                         Service Fund

OPERATING REVENUES:
  Charges for services                                                  $     2,770,021
  Reimbursements                                                               152,601
    Total operating revenue                                                   2,922,622


OPERATING EXPENSES:
  Medical claims                                                              2,944,742
    Total operating expenses                                                  2,944,742

       Operating Income (1055)                                                  (22,120)


NONOPERATING REVENUES:
  Interest on deposits                                                           92,388

       Total nonoperating revenue                                                92,388

             Income (1055) before contributions and transfers                    70,268

  Transfers to other funds                                                     (147,398)

    Change in net assets                                                        (77,130)

  Total net assets -- beginning                                               2,064,253

  Total net assets -- ending                                             $    1,987,123




The accompanying notes are an integral part of this statement.
                                                                 19
                                                 COMAL COUNTY, TEXAS

                                              STATEMENT OF CASH FLOWS

                                                  PROPRIETARY FUNDS

                                          For the Year Ended December 31, 2007





                                                                                  Internal Service

                                                                                        Fund

CASH FLOWS FROM OPERATING ACTIVITIES
Cash receipts from interfund services provided and used                           $      2,787,722
Reimbursements                                                                             152,601
Payments for claims                                                                     (2,901,365)
Payments to suppliers                                                                      (12,572)
  Net cash (used) by operating activities                                                   26,386

CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES
Transfers to general fund                                                                 (147,398)
  Net cash (used) by Noncapital financing                                                 (147,398)

CASH FLOWS FROM INVESTING ACTIVITIES
Interest received                                                                           92,388
  Net cash provided by investing activities                                                 92,388

     Net Increase (decrease) in cash and cash equivalents                                  (28,624)

Balances - beginning of year                                                             2,060,459

Balances - end of the year                                                        $      2,031,835




Reconciliation of operating income (loss) to
     net cash provided (used) by operatIng activIties:

  Operating income (1055)
                                                        $        (22,120)
  Changes in assets and liabilities:

    Interfund receivables
                                                                  17,701
    Accounts payable - other
                                                               43,377
    Accounts payable - supplier
                                                           (12,572)

Net Cash (used) by operating activities                                           $         26,386




The accompanying notes are an integral part of this statement.
                                                                 20
                                        COMAL COUNTY, TEXAS

                            STATEMEMENT OF FIDUCIARY ASSETS AND LIABILI1"IES

                                           AGENCY FUNDS

                                         DECEMBER 31, 2007



                                                                                    Agency Funds

ASSETS
Cash and cash equivalents                                                       $       8,613,645
Investments                                                                               707,279

  Total assets                                                                  $       9,320,924


LIABILITIES
Accounts payable - trade                                                        $          32,095
Miscellaneous payables                                                                    417,068
Due to participants                                                                        87,690
Due to other agencies                                                                    6,777,814
Cash bond deposits                                                                       1,298,978
Trust accounts payable                                                                    707,279

  Total liabilities                                                             $        9,320,924




The accompanying notes are an integral part of this statement.
                                                                 21
                                        COMAL COUNTY, TEXAS

                                    NOTES TO FINANCIAL STATEMENTS

                                           December 31, 2007



Note 1. Summary of Significant Accounting Policies:

   The financial statements of ComaI County, Texas (the County) have been prepared in conformity with
   generally accepted accounting principles (GAAP) as prescribed by the Governmental Accounting
   Standards Board (GASB) for state and local governments. GASB is the accepted standard-setting body
   for establishing governmental accounting and financial reporting principles. The County's more significant
   accounting policies are described below.


   A. Reporting Entity

   The County of ComaI is a political subdivision of the State of Texas and is governed by four
   Commissioners elected by precinct and a County JUdge elected countywide that comprise the
   Commissioners' Court.        The accompanying financial statements present the government and its
   component units, entities for which the government is considered to be financially accountable or for which
   the nature and significance of the relationship with the County is such that exclusion from the reporting
   entity's financial statements would be misleading or incomplete.


   Discretely Presented Component Units

   Comal County Water Oriented      Recreation District (W.O.R.D.) was created by the Texas legislature and
   local option vote in 1987 for    the purpose of providing a management plan that would encourage
   responsible use and protection   of our natural resources. The W.O.R.D. is governed by a seven-member
   board appointed by the county    commissioners and is funded by a use tax on water-related recreational
   rentals.

   Emergency Services Districts #1 and #2 were formed by the County under Chapter 776 of the Health and
   Safety Code and approved by the county citizens by majority vote in local elections. The Emergency
   Services Districts operate under Article III, section 48-e, of the Texas Constitution for the purpose of
   supporting volunteer emergency medical services for the public health and welfare of Comal County
   residents. The Emergency Services Districts are governed by five-member boards appointed by the
   county commissioners and are funded by ad valorem property taxes not to exceed $0.10 per $100
   valuation of property in the district.

   Emergency Services Districts #3, #4, #5 and #6 were originally formed by the County, and approved by
   the County citizens by majority vote in local elections, under Chapter 794 of the Health and Safety Code
   as Rural Fire Prevention Districts. The districts converted to Emergency Services Districts operating
   under Subchapter B, Chapter 775 of the Health and Safety Code. The Emergency Services Districts
   operate under Article III, section 48-e, of the Texas Constitution for the purpose of supporting volunteer
   fire services and other fire prevention activities for the benefit of Comal County residents. The Emergency
   Services Districts are governed by five-member boards appointed by the county commissioners and are
   funded by ad valorem property taxes not to exceed $0.10 per $100 valuation of property in the district, and
   an optional sales tax.

   Complete financial statements for each of the individual component units may be obtained at the Comal
   County Auditor's office.


                                            ComaI County Auditor
                                          150 North Seguin, Suite 201
                                          New Braunfels, Texas 78130




                                                       22

                                                             COMAL COUNTY, TEXAS

                                                         NOTES TO FINANCIAL STATEMENTS

                                                                December 31, 2007



A statement of net assets of the discretely presented component units is presented below.

                                                                                                                                                   WATER
                                         EMERGENCY             EMERGENCY           EMERGENCY         EMERGENCY       EMERGENCY       EMERGENCY    ORIENTED
                                          SERVICES              SERVICES            SERVICES          SERVICES        SERVICES        SERVICES   RECREATION
                                         DISTRICT #1           DISTRICT #2         DISTRICT #3       DISTRICT #4     DISTRICT #5     DISTRICT #6  DISTRICT            TOTALS
ASSETS
Cash:
    Cash and cash equivalents            $        247,744      $       130,028     $    419,000      $   202,388     $    89,485     $   271.166     $   556.532     $ 1,916,323
    Investments                                                         19,729          215,337                                                                          235,066
   With fiscal agent                              572,568              162,538          444,735          337,035         342,424         100,591                       1,959,891
Rece ivables (net):
    Current ad valorem taxes                      692,653              224,231          616,637          411,660         406,576         120,502                         2,472,459
    Delinquent ad valorem taxes                    13,325               13.917           14,249           20,656          11,167           3,621                            77,157
    Accrued interest on
        investments                                                                                                                                          413               413
   Use taxes                                                                                                                                               1,200             1,200
Capital assets (net of accumulated depreciation)
   Land                                                                                   57.994                                                         192,636           250,630
    Buildings                                                           99,464            43,842                                                          20,107           163,413
    Fumiture, fixtures and eqUipment                                   237,305         1,000,665                                                          11,692         1,249,662
    Construction in process                                                              191,226                                                                           191,228
TOTAL ASSETS                                     1,526,490             887,212         3.003,687         971.939         849,652         495,882         784,760         8,519,642

LIABILITIES
    Miscellaneous payables                                                              143,440                                                              726           144,166
    Accrued interest on long term debt                                                   21,669                                                                             21,669
    Unearned revenues                             706,178              238,148          836,163          432,516         417,763         124,123                         2,756,693
    Noncurrent liabilities:
         Due within one year                                                             97,446                                                                             97,446
         Due in more than one year                                                      931,569                                                                            931,569
Total liabilities                                 706,176              238,146         2,032,467         432,516         417,763         124,123             726         3.951,943

NET ASSETS
Invested in capital assets,
    net of related debt                                                336,769          264,714                                                          224,635           626,118
Unrestricted                                      620,312              312,296          733,713          539,421         431,668         371,759         559,419         3,768,808
Total net assets                         $        620,312      $       649,065     $    996,427      $   539,421     $   431,666     $   371,759     $   784,054     $ 4,594,926




A statement of activities of the component units is presented below.

                                                                                                                                                        WATER
                                         EMERGENCY             EMERGENCY           EMERGENCY         EMERGENCY       EMERGENCY       EMERGENCY        ORIENTED
                                           SERVICES             SERVICES            SERVICES          SERVICES        SERVICES        SERVICES       RECREATION
                                          DISTRICT #1           DISTRICT #2         DISTRICT #3       DISTRICT #4     DISTRICT #5     DISTRICT #6      DISTRICT          TOTALS
  Expenses
    General gowmment                         $       16,464        $     39,129           BB,505            2,417           1,878           1,983    $   179,754     $     330,130
    Public safety                                                                       1,039,789        627,000         512,281         359,150          94,179         2,632,399
    Health and human seNices                       354,000              286,000                                                                          106,439           746,439
    Community and economic
               dewlopment                                                                                                                                 36,020            36,020
    Debt seNice                                                                           41,626                                                                            41,626

    Total component unit                           (370,464)           (325,129)       (1,169,920)       (629,417)       (514,159)       (361,133)       (416,392)       (3,7B6,614)

  General Rewnues
       Ad valorem taxes                            933,300              420,339          900,424          880,967         710,588        250,490                         4,096,108
       Sales and use tax                                                                 826,782                                         340,5B9         567,149         1,734,520
       Interest on deposits                          10,449               8,672           21,083            4,257           1,981           5,496         18,478            70,416
       Miscellaneous rewnues                                              8,B20          126,169             232                                                           135,221
            Total general rawnues                  943,749              437,B31         1,B74,458         885,456         712,569         596,575        5B5,627         6,036,265
            Change in net assets                   573,285              112,702          704,538          256,039         198,410        235,442         169,235         2,249,651
  Net assets - beginning                           247,027              536,363          293,889          283,382         233,478         136,317        614,819         2,345,275

  Net assets - ending                              B20,312         $    649,065          998,427          539,421         431,888         371,759        7B4,054     $ 4,594,926




                                                                                            23
                                      COMAL COUNTY, TEXAS

                                  NOTES TO FINANCIAL STATEMENTS

                                            December 31,2007



B. Government-wide and Fund Financial Statements

Government-wide financial statements consist of the Statement of Net assets and the Statement of
Activities that report information on all of the non-fiduciary activities of the primary government and its
component units. Governmental activities are supported by taxes and intergovernmental revenues and
are reported separately from business-type activities, which rely to a significant extent on fees and
charges for support.

The Statement of Activities demonstrates the degree to which the direct expenses of a given function or
segment are offset by program revenues. Direct expenses are those that are clearly identifiable with a
specific function or segment. Program revenues include charges to persons using or directly benefiting
from the services provided by a given function or segment and from grants and contributions that are
restricted to meeting the operational or capital requirements of a particular function or segment. Taxes
and other items not properly included as program revenues are reported as general revenues.

Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary funds,
even though the latter are excluded from the government-wide financial statements.

The effect of interfund activity has been eliminated for the government-wide financial statements,
however, interfund services provided and used by the County's funds are not eliminated in the process of
consolidation.


c.   Measurement Focus, Basis of Accounting, and Financial Statement Presentation

The government-wide financial statements are reported using the economic resources measurement
focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are
recorded when a liability is incurred, regardless of the timing of related cash flows. All proprietary funds
are accounted for using the accrual basis of accounting. Their revenues are recognized when they are
earned rather than when received, and their expenses are recognized when they are incurred rather than
when actually paid. The measurement focus for proprietary funds is on determination of net income,
changes in net assets (or cost recover), financial position, and cash flows.

Governmental fund financial statements are reported using the current financial resources measurement
focus and the modified accrual basis of accounting. With this measurement focus, only current assets
and current liabilities generally are included on the balance sheet. The reported fund balance (net current
assets) is considered a measure of "available spendable resources." Operating statements of these
funds present increases (Le., revenues and other financing sources) and decreases (Le., expenditures
and other financing uses) in net current assets. Thus, the operating statements for the governmental
funds are considered to present a summary of sources and uses of "available spendable resources"
during a period.

All governmental funds use the modified accrual basis of accounting. Revenues are recognized as soon
as they are both measurable and available. Revenues are considered to be available if they are collected
within 60 days after year-end. Expenditures are recorded when the related fund liability is incurred. Debt
Service expenditures as well as expenditures related to compensated absences and claims and
judgments are recorded only when payment is due.

Those items susceptible to accrual and recognized as revenue are property taxes, interest revenue, grant
revenues, and reimbursements due to the County. Fines, permits, and other fees are not susceptible to
accrual because generally they are not measurable until received in cash.

All proprietary funds, Le., internal service funds, use accrual basis accounting. Revenues are recognized
when earned, and expenses are accounted for using a cost of service measurement focus. This means
that all assets and liabilities (whether current or non-current) associated with their activity are included in
the funds' balance sheets. Goods or services from such activities can be provided either to outside
parties or to other departments or agencies primarily within the County. GASB Statement Number 20,

                                                     24
                                      COMAL COUNTY, TEXAS

                                  NOTES TO FINANCIAL STATEMENTS

                                         December 31, 2007



Accounting and Financial Reporting for Proprietary Funds and Other Governmental Entities That Use
Proprietary Fund Accounting, provides governments two options for reporting their proprietary fund
activities. The County has elected to apply all FASB Statements and Interpretations, Accounting
Principles Board Opinions and Accounting Research Bulletins issued on or before November 30, 1989,
unless they conflict with or contradict GASB pronouncements.

The County's policy is to spend restricted funds first and use unrestricted resources when the restricted
funds are depleted.

Fiduciary funds use the accrual basis of accounting and are used to account for assets held on behalf of
outside parties, including other governments, or on behalf of other funds within the County. When these
assets are held under the terms of a formal trust agreement either a pension trust fund, a non-expendable
trust fund or an expendable trust fund is used. The terms "non-expendable" and "expendable" refer to
whether or not the County is under an obligation to maintain the trust principal. Agency funds generally
are used to account for assets that the County holds on behalf of others as their agent. Agency funds are
custodial in nature and involve no measurement of results of operations.

The County uses funds to report its financial position and the results of its operations. Fund accounting is
designed to demonstrate legal compliance and to aid financial management by segregating transactions
related to certain County functions or activities. County resources are allocated to, and accounted for, in
individual funds based upon the purpose for which they are to be spent and the means by which spending
activities are controlled. A fund is a separate accounting entity with a self-balancing set of accounts that
comprise its assets, liabilities, fund equity, revenues, and expenditures or expenses. Separate financial
statements are provided for governmental funds, proprietary funds and fiduciary funds, even though the
latter are excluded from the government-wide financial statements.

The County reports the following major funds:

    General Fund - The General Fund is the primary reporting fund used to account for the resources
    used to finance the fundamental operations of the County. It is the basic fund of the County and
    covers all activities for which a special revenue fund has not been established.

    Road and Bridge Fund - The Road and Bridge fund is a Special Revenue Fund used to account for
    the proceeds of specific revenue resources that are legally restricted to expenditures for the
    construction and maintenance of roads and briqges within the County.

    Capital Projects Fund - The Capital Projects fund is used to account for the proceeds of a
    $20,190,000 bond issue and for the expenditures on the approved projects for which the bonds were
    issued.


Additionally, the County reports the following fund types:

    Internal Service Funds - Internal Service Funds are used to account for the financing of goods or
    services provided by one department or agency to other departments or agencies of the County on a
    cost reimbursement basis. The County operated two internal service funds, the Medical Insurance
    Fund and the Damage Control Fund, however the Damage Control Fund was eliminated at the
    beginning of 2007 and the fund balance at December 31, 2006 was transferred to the General Fund.

    Fiduciary Funds - Fiduciary funds are used to account for assets held on behalf of outside parties,
    including other governments, or on behalf of other funds within the County. The County uses agency
    funds to account for assets held in an agent capacity for other governments for which the tax office
    collects taxes, for monies seized by County law enforcement agencies, trust funds held for individuals,
    and for restitution owed to others.




                                                    25
                                     COMAL COUNTY, TEXAS

                                 NOTES TO FINANCIAL STATEMENTS

                                            December 31, 2007



D. Assets, Liabilities, and Net Assets or Equity

1. Deposits and Investments
Cash and cash equivalents consists of cash on hand, demand deposits, certificates of deposit, as well as
temporary investments with a maturity date of three months from the date acquired by the County.

In accordance with GASB Statement 9, the County has developed a definition of cash equivalents. Cash
equivalents are demand deposit account balances, investments with Investors' Cash Trust, Capital West
Securities, Vining Sparks Securities, Frost National Bank Investment Services, and certificates of deposit,
as well as temporary investments with original maturities of three months or less.

State statutes and bond ordinances authorize the County to invest in direct obligations of State and Local
Governments (SLGS) and the United States of America. Additionally, there are no differences in the types
of investments authorized for different funds, fund types, or component units. Investments may consist of:

        (1)	    Obligations, including letters of credit, of the United States or its agencies and
                instrumentalities;

        (2)	    Direct obligations of the State of Texas or its agencies and instrumentalities;

        (3)	    Other obligations, the principal and interest which are unconditionally guaranteed or
                insured by, or backed by the full faith and credit of the State of Texas or the United States
                or their respective agencies and instrumentalities; and

        (4)	    Obligations of states, agencies, counties, cities, and other political subdivisions of any
                state rated as to investment quality by a nationally recognized investment rating firm not
                less than an "A" or its equivalent;

        (5)	    Certificates of deposit and Share Certificates that are guaranteed or insured by the
                Federal Deposit Insurance Corporation ("FDIC") or its successor; or the National Credit
                Union Share Insurance Fund ("NCUSIF") or its successor; or secured in any other
                manner and amount provided by law for deposits of the County.

        (6)	    An investment in certificates of deposit made through a depository institution and the full
                amount of the principal and accrued interest of each of the certificates of deposit is
                insured by the United States or an instrumentality of the United States;

        (7)	    Fully collateralized repurchase agreements, as defined in the Public Funds Investment
                Act, with a defined termination date, pledged with a third party, and secured by obligations
                of the United States or its agencies and instrumentalities;

        (8)	    A bankers' acceptance if it has a stated maturity of 270 days or fewer from the date of
                issuance, will be liquidated in full at maturity, is eligible for collateral for borrowing from a
                Federal Reserve Bank, and is accepted by a bank;

        (9)	    Commercial paper if it has a stated maturity of 270 days or fewer from the date of
                issuance and is rated not less than A-1 or P-1 or an equivalent rating;

        (10)	   Mutual funds and money market funds with limitations.

 Investments for the government, as well as for its component units, are reported at fair value using
 quoted market prices.




                                                      26
                                     COMAL COUNTY, TEXAS

                                 NOTES TO FINANCIAL STATEMENTS

                                            December 31, 2007



2.   Receivables and Payables

During the course of operations, numerous transactions occur between individual funds for goods
provided or services rendered. These receivables and payables are classified as "due from other funds"
or "due to other funds" on the fund financial statements are netted in the government-wide financial
statements.

A tax lien attaches to the property on January 1st of each year. The tax lien on the property secures the
payment of all ad valorem taxes, penalties, and interest imposed on the property for the year.
Commissioners' Court sets the County tax rate in September of each year and property taxes are
assessed each October 1st.

The property taxes are payable at their stated amount, without penalty and interest, from October 1st in
the year they are levied to January 31st of the subsequent year. Taxes collected from February 1st
through June 30th are considered past due and are assessed a late payment penalty and interest. On
July 1st, any remaining uncollected taxes become delinquent. Thereafter, the County may file suit for
collection of the unpaid delinquent taxes, which then become sUbject to additional penalties and attorney
fees. A schedule of tax rates and other pertinent ad valorem tax information is presented as part of the
statistical section of this report.

Property tax revenues for financial reporting purposes are recognized when they become available and
measurable, as explained in Note 1-C. According to authoritative pronouncements of the Governmental
Accounting Standards Board, "available" means collected within the current period or expected to be
collected no later than such time not to exceed sixty (60) days.

The portion of uncollected delinquent property tax receivables at December 31, 2007 in each applicable
fund is reported in the liability section of each balance sheet as "unearned tax revenue". Allowances for
ad valorem taxes that have not been recognized as delinquent property taxes attach to the property when
delinquent.


3.   Inventories
Inventories are valued at cost, which approximate market, generally using the first-in/first-out (FIFO)
method. The County has implemented the consumption method to account for inventories. Under this
method, inventory items are reported as expenditures when inventories are consumed, rather than when
inventories are purchased. The consumption method does not require a reservation of fund balance,
therefore the balance sheet does not show a portion of fund balance reserved for inventories.


4. Capital Assets
Capital assets include land, right-of-way land, property improvements, buildings, infrastructure (e.g., roads
and bridges), and equipment that are used in operations and benefit more than a single fiscal period.
Infrastructure assets are long-lived assets that normally are stationary in nature and typically can be
preserved for a significantly greater number of years than most capital assets. The County defines capital
assets as items with an initial, individual cost of more than $5,000 and an estimated useful life in excess of
one year. Such assets are recorded at historical cost or estimated historical cost if purchased or
constructed. Donated capital assets are recorded at estimated fair market value at the date of the
donation.

When capital assets are purchased, they are capitalized and depreciated in the government-wide financial
statements and the proprietary fund statements. Capital assets are recorded as expenditures of the
current period in the governmental fund financial statements.

Improvements to capital assets that materially extend the life of the asset or add to the value are
capitalized. The costs of normal maintenance and repairs that do not add to the value of or materially
extend the life of assets are not capitalized.


                                                     27

                                      COMAL COUNTY, TEXAS

                                  NOTES TO FINANCIAL STATEMENTS

                                         December 31,2007



Capital assets are depreciated over the useful lives of the assets or classes on a straight-line basis as
follows:
                       BUildings and improvements                         20 -40
                         Machinery and equipment                               3 -10
                         Infrastructure
                              Roadbed                                            50
                              Surfacing                                          20

5.   Compensated Absences
It is the County's policy to permit employees to accumulate earned but unused vacation and sick pay
benefits. All vacation pay is accrued when incurred in the government-wide fund financial statements. A
liability for these amounts is reported in governmental funds only if they have matured, for example, as a
result of employee resignations and retirements.

All full-time employees are eligible for five days vacation upon the completion of six months of
employment and an additional five days upon the completion of their first year of employment. On the
date of the six month anniversary the employee shall be credited five days vacation and on the date of the
first year anniversary the employee shall be credited with another five days vacation and thereafter, the
employee shall accrue earned vacation leave at the rate of 3.076 hours per bi-weekly pay period. All full­
time employees who have completed ten years with the County are eligible for fifteen days vacation. On
the employee's tenth anniversary, the employee shall be credited with an additional 5 days of vacation and
thereafter, the employee shall accrue vacation leave at the rate of 4.620 hours per bi-weekly pay period.
Vacation leave for employees with less than ten years service may be accumulated up to 20 days.
Employees with ten or more years of service may accumulate up to 30 days. Employees separated from
County employment receive termination pay for unused vacation time.

Sick leave is accrued by full-time employees at the rate of 3.076 hours per bi-weekly pay period after the
completion of 30 days of employment. Non-exempt employees may accrue sick leave up to 320 hours.
Once 320 hours of accrued sick leave is reached the County will buy back, on a yearly basis, one-half of
any leave in excess of 320 hours at the employee's hourly rate. Exempt employees may accrue sick
leave up to 640 hours. The County does not buy back any accrued sick leave for exempt employees. A
special policy has been established for employees hired prior to January 1, 1997. However, this policy
does not materially affect paid leave.


6.   Long-term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported
as liabilities in the applicable governmental activities. Bond premiums and discounts, as well as issuance
costs, are deferred and amortized over the life of the bonds using the effective interest method. Bonds
payable are reported as deferred charges and amortized over the term of the related debt.

In the fund financial statements, governmental fund types recognize bond premiums and discounts, as
well as bond issuance costs, during the current period. The face amount of debt issued is reported as
other financing sources. Premiums received on debt issuances are reported as other financing sources
while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not
withheld from the actual debt proceeds received, are reported as debt service expenditures.

7.   Fund Equity
In the fund financial statements, governmental funds report reservations of fund balance for amounts that
are not available for appropriation or are legally restricted by outside parties for use for a specific purpose.
Designated fund balances represent tentative plans for future use of financial resources. All other fund
balances are marked Unreserved - Undesignated.



                                                      28
                                          COMAL COUNTY, TEXAS

                                      NOTES TO FINANCIAL STATEMENTS

                                              December 31,2007



Note 2. Stewardship, Compliance, and Accountability
   A. Budgets
   Budgeting is an essential element of the financial planning, control, and evaluation processes of the
   County. Budgets for the County are prepared in conformity with generally accepted accounting principles
   (GAAP). The County legally adopts budgets for the General Fund, Special Revenue Funds (except Grant
   Funds and discretionary funds) and Debt Service Funds. Budgets for Grant Funds are established
   pursuant to grant awards and budgets for Capital Projects are established on a project basis. All annual
   appropriations, except Grant and Capital Project Funds, lapse at fiscal year end.

   The budgets adopted by the County set into law the maximum expenditure authorizations that cannot be
   exceeded legally. Under State statute, the formally adopted budget should not exceed budgeted
   appropriations in any expenditure category. The legal level of budgetary control is defined as the level at
   which the governing body must approve any over-expenditures of appropriations or transfers of
   appropriated amounts. The County's legal level of bUdgetary control is the expenditure line item level.
   Any transfers or supplemental appropriations that amend expenditure line items require the approval of a
   majority of the Commissioners' Court.

   All departments of the County submit requests for appropriations to the County Auditor so that a budget
   may be prepared. The budget is prepared by fund, function, and activity, and includes information on the
   past two years, current year estimates, and requested appropriations for the next fiscal year.

   The proposed budget is presented to the Commissioners' Court for review. The Commissioners' Court
   holds public hearings and may add to, subtract from, or change appropriations, but may not change the
   form of the budget. Any changes in the budget must be by an affirmative vote of a majority of the
   Commissioners' Court. The final approved budget as adopted by the Commissioners' Court is filed with
   the County Clerk as a matter of public record.

   Budgets for the General Fund, certain Special Revenue Funds, and Debt Service Funds are adopted on a
   modified accrual basis in accordance with generally accepted accounting principles. Under state law, the
   formally adopted budget should not exceed budgeted appropriations in any expenditure category. The
   legal level of budgetary control is defined as the level at which the Commissioners' Court must approve
   any over-expenditures of appropriations or transfers of appropriated amounts. The County's legal level of
   budgetary control is the object level. Any transfers or supplemental appropriations that amend object level
   items require the approval of a majority of the Commissioners' Court. Any amendments to the bUdget
   must be within the revenues and reserves estimated as available or the revenues estimates must be
   changed by an affirmative vote of a majority of the members of Commissioners' Court. During the year,
   several supplemental appropriations were necessary.

   A number of Special Revenue Funds do not have annually adopted budgets. State statutes establishing
   who has control of and the purposes for which the funds can be used generally govern these funds. The
   revenues in these funds cannot be sufficiently anticipated in order to establish a viable bUdget.

   The following Special Revenue Funds did not have formally adopted budgets:

           Health Department Services                        Criminal District Attorney Hot Check Fund
           Sheriffs Forfeiture Fund                          Sheriffs Federal Asset Sharing Fund
           Sheriffs Training Schools                         Jail Commissary Fund
           Election Services Contract Fund                   Juvenile Board Fund
           District Clerk's A. G. Child Support Fund         Justice Court Technology Fund
           Constables' Forfeiture Fund                       Probate Education Fund
           Criminal District Attorney Forfeiture Fund        Justice of the Peace Court Security Fund




                                                        29
                                          COMAL COUNTY, TEXAS

                                      NOTES TO FINANCIAL STATEMENTS

                                             December 31, 2007



   B. Encumbrance Accounting
   Encumbrances represent commitments related to unperformed contracts for goods or services.
   Encumbrance accounting is utilized as an extension of formal budgetary integration in the governmental
   funds of the County.        Under encumbrance accounting, purchase orders, contracts, and other
   commitments for the expenditure of resources are recorded to reserve that portion of the applicable
   appropriation. For budgetary purposes, appropriations lapse at fiscal year end except for the portion of
   encumbered amounts.         Encumbrances outstanding at year-end are reported by the County as
   reservations of fund balances and do not constitute expenditures or liabilities because the commitments
   will be honored during the subsequent year.


   C. Deficit Fund Equity
   As of December 31, 2007, the Department of State Health Services Immunization Grant had a deficit fund
   balance of $5,727 due to the accrual of wages payable through December 31, 2007. The Regional
   Habitat Conservation Plan had a deficit fund balance of $3,090 due to the accrual of payables for services
   performed in 2007. The Texas Juvenile Probation Commission Community Program "X" had a deficit
   fund balance of $13 due to the accrual of wages payable through December 31, 2007.


Note 3. Detailed Notes on All Funds
   A. Deposits and Investments

   County

   Investments:

   As of December 31,2007, ComaI County had the following investments:


             Investment Type                            Fair Value               Months to Maturity
             Federal Home Loan Mortgage Note          $        74,051                   8.8
             Federal Home Loan Bank Note                      141,092                   7.1
             Federal Home Loan Bank Note                      246,450                   4.4
             Federal Home Loan Bank Note                      295,467                  11.2
             Federal Home Loan Bank Note                      117,928                  21.0
             Federal Home Loan Bank Note                      118,656                   4.8
             Federal Home Loan Bank Note                      100,913                  15.6
             Federal Home Loan Bank Note                      147,962                   9.0
             Federal Home Loan Bank Note                      250,118                  12.3
             Federal National Mortgage Note                   144,998                  36.5
             Total fair value                         $     1,637,635


   GASB Statement No. 40 requires a determination as to whether the County was exposed to the following
   specific investment risks at year end, and if so, the reporting of certain related disclosures:

   Credit Risk:
   Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations. The
   ratings of securities by nationally recognized rating agencies are designed to give an indication of credit
   risk. State law dictates that in order to maintain eligibility to receive funds and invest funds on behalf of
   the County, an investment pool must be continuously rated no lower than AAA or AAA-m or of an
   equivalent rating by at least one nationally recognized statistical rating organization (NRSRO). State law
   authorizes investments in obligations guaranteed by the United States government and does not require
   that these investments be rated. The County's policy complies with state law and at year end all of the
   County's investments met the State's requirements.


                                                          30
                                      COMAL COUNTY, TEXAS

                                  NOTES TO FINANCIAL STATEMENTS

                                         December 31, 2007



Custodial Credit Risk
Deposits - This is the risk that in the event of a bank failure, the County's deposits may not be returned to
it. Deposits are exposed to custodial credit risk if they are not covered by depository insurance and the
deposits are uncollateralized, collateralized with securities held by the pledging financial institution, or
collateralized with securities held by the pledging financial institution's trust department or agent but not in
the County's name. The County's policy requires that the depository provide sufficient collateral to cover
the County's deposits and that the collateral be held by the Federal Reserve Bank in Comal County's
name. As of December 31, 2007, Frost Bank had $40,250,000 in U. S. Bonds and Agencies which were
held by the Federal Reserve in Comal County's name.

Investments - This is the risk that in the event of the failure of the counterparty, the County will not be able
to recover the value of its investments or collateral securities that are in the possession of an outside
party. State law requires settlement of all transactions, except investment pool funds and mutual funds,
on a delivery versus payment basis. The County's investment policy requires that all purchased securities
shall be held in safekeeping by the County, or a County account in a third party financial institution, or with
the Federal Reserve Bank, all certificates of deposit, insured by the FDIC, or share certificates, insured by
the NCUSIF, purchased outside the Depository Bank shall be held in safekeeping by the County, or a
County account in a third party financial institution, and all pledged securities by the depository bank shall
be held in safekeeping by the County or with a Federal Reserve Bank.


Concentration of Credit Risk
The County's investment policy requires the diversification of its portfolio to eliminate the risk of loss
resulting from over concentration of assets in a specific maturity, a specific issuer or a specific class of
investments.


Interest Rate Risk
This is the risk that changes in interest rates will adversely affect the fair value of an investment. The
County manages its investment time horizons by averaging investment maturities and chooses to present
its exposure of interest rate changes using the weighted average maturity method. In accordance with its
investment policy and state law, the County manages its interest rate risk by limiting the weighted average
maturity of any investment owned by the County to a maximum of two years. Eligible investment pools
must have a weighted average maturity of no greater than 90 days. The County's exposure to interest
rate risk at December 31, 2007 is summarized in the above table as the days to maturity.


Component Units' Cash and Investments

Deposits: At December 31, 2007, the carrying amount of the Component Units' demand deposits was
$1,918,323. All amounts were covered by federal depository insurance or collateralized with securities
held by the Component Units' agents in the Component Units' name.


The Component Units' investments as of December 31, 2007 consisted of the following:



                     Investment Type                                   Fair Value

                        u. S. Govemment Securities                    $    235,066
                                                                      $    235,066




                                                      31
                                             COMAL COUNTY, TEXAS

                                         NOTES TO FINANCIAL STATEMENTS

                                                 December 31,2007




B. Receivables
Receivables at December 31, 2007 for the County's individual major funds and nonmajor, internal service,
and fiduciary funds in the aggregate, including the applicable allowances for uncollectible accounts are as
follows:
                                                    Road and            Nonmajor and
                                General               Bridge            Other Funds             Total
 Ad valorem taxes           $    10,449,059      $      2,680,426     $     2,820,433       $    15,949,918
 Sales taxes                      1,247,467                                                       1,247,467
 Miscellaneous                      156,790                21,312              929,481            1,107,583
 Total receivables          $    11,853,316      $      2,701,738     $      3,749,914      $    18,304,968
                              =============::::::=
Governmental funds report unearned revenue in connection with prepayment of property taxes. Unearned
revenue at year-end consisted of the following:
                                                                                         Unearned
 Revenue description                                      Fund                            Amount
 Net tax revenue                                         General                       $ 18,439,897
 Other                                                                                         12,604
 Net tax revenue                                     Road and Bridge                        4,753,867
                                                                   Special Revenue                              2,407,230
Other                                                                                                               4,258
Net tax revenue                                                     Debt Service                                2,624,798
 Total unearned revenue                                                                                    $   28,242,654


C. Capital Assets

Capital asset activity for the year ended December 31,2007 was as follows:

Primary Government                                   Beginning                                                 Ending
                                                      Balance             Increases         Decreases          Balance
Governmental activities:
Capital assets, not being depreciated:
 Land                                            $     5,403,411      $      165,191    $                  $     5,568,602
 Construction in process                               1,150,654             722,040          (161,198)          1,711,496
   Total capital assets, not being depreciated         6,554,065             887,231          (161,198)          7,280,098

Capital assets, being depreciated:
 Buildings                                            19,233,160             305,353                            19,538,513
 Improvements other than buildings                     1,179,002             144,256                             1,323,258
 Furniture, fixtures, and equipment                   10,632,622           2,280,118          (386,902)         12,525,838
 Infrastructure                                      160,177,973           4,722,086                           164,900,059
   Total capital assets, being depreciated           191,222,757           7,451,813          (386,902)        198,287,668

Less accumulated depreciation for:
  Buildings                                           (6,146,910)           (451,830)                           (6,598,740)
  Improvements other than buildings                     (231,233)            (44,759)                             (275,992)
  Furniture, fixtures, and equipment                  (7,677,185)         (1,237,374)          335,301          (8,579,258)
  Infrastructure                                     (71,591,335)         (4,590,222)                          (76,181,557)
   Total accumulated depreciation                    (85,646,663)         (6,324,185)          335,301         (91,635,547)

Total capital assets, being depreciated, net         105,576,094           1,127,628            (51,601)       106,652,121

Govenmental activities capital assets, net       $ 112,130,159        $ 2,014,859       $     (212,799)    $ 113,932,219




                                                           32

                                             COMAL COUNTY, TEXAS

                                         NOTES TO FINANCIAL STATEMENTS

                                                     December 31, 2007



Depreciation expense was charged to functions I programs of the primary government as
follows:
                  Governmental activities:
                     General government                                                                             $            244,455
                     Justice system                                                                                               50,732
                     Public safety                                                                                               802,683
                     Corrections and rehabilitation                                                                              143,376
                     Health and human services                                                                                    34,304
                     Community and economic development                                                                           50,040
                     Infrastructure and environmental services                                                                 4,998,595
                  Total depreciation expense - governmental activities                                               $ 6,324,185




D. Interfund Receivables, Payables, and Transfers

Due to / from other funds:

In the fund financial statements, interfund balances are the result of normal transactions between funds
and will be liquidated in the subsequent year. The following is a summary of amounts due from and due
to other funds:

         Due To Fund                     Due From Fund                       Amount                                            Purpose

General Fund                       Other Governmental Funds              $    100,139 Road &Bridge fund payroll deductions not
                                                                                      transferred at year-end
General Fund                       Other Governmental Funds                    42,957 Payroll deductions not transferred at year-end
                                                                               143,096

Internal Service Fund          General Fund                                     38,553 Payroll deductions not transferred at year-end
Total                                                             $           181,649



Interfund transfers:

The following is a summary of the County's transfers for the year ended December 31, 2007:

               Transfer From                               Transfer To                               Amount                              Purpose

General Fund                              Other governmental
                                           Special Revenue-Household Hazardous                                                 Fund programs and provide
                                              Household Hazardous Waste                  $ _ _....;4;.::;6l.::,6.:..;79::.,. matching funds
                                                                                                            46,679

Other governmental
 Internal Service-Damage Control           General Fund                                                   147,398 To close fund
                                                                                                               5 000 To fund Road department
  Special Revenue-Road and Bridge           General Fund
                                                                                                                ,    vehicle damage
  Special Revenue-Courthouse Security       General Fund                                                       8,377 To close fund
                                                                                             -----
                                                                                               160,775

Total                                                                                    $ =====i2;;,;;0~7':.,;,4;;;,,54;,.,




                                                                  33
                                      COMAL COUNTY, TEXAS

                                  NOTES TO FINANCIAL STATEMENTS

                                         December 31, 2007



E. Long-term Debt

General Obligation Bonds, Certificates of Obligation and Notes Payable are direct obligations and pledge
the full faith and credit of the County. These bonds generally are issued as 25-year serial bonds, except
for refunding issues, with equal amounts of principal maturing each year.

Certificates of Obligation. Certificates of Obligation are issued by the vote of Commissioners' Court as
allowed under the Certificates of Obligation Act. The County currently has two (2) series of notes payable
outstanding.


Series 1998. On November 26th, 1997 the Commissioners' Court of Comal County approved passage of
orders authorizing the issuance of certificates of obligation in an aggregate amount not to exceed
$6,000,000. The purpose being the purchase of the new tax office building, expansion of the jail,
construction of a new JP #4 office, and the upgrading of the jail and sheriff's office communications
equipment. The order awarding the sale of $4,800,000 Certificates of Obligation, Series 1998 and
$1,200,000 Certificates of Obligation, Taxable Series 1998A was approved on February 5,1998. Closing
and delivery of the certificates occurred on March 3, 1998.

The 1998 Certificates of obligation currently outstanding are as follows:

                     Purpose                            Interest Rate              Amount
         General government                             4.45% - 4.8%          $      3,100,000
                                                                              $      3,100,000


Annual debt service requirements to maturity for Series 1998 certificates of obligation are as follows:

                    Year Ending
                    December 31                        Principal                   Interest
                       2008                         $      555,000            $         131,283
                       2009                                590,000                      105,373
                       2010                                620,000                       77,690
                       2011                                650,000                       48,155
                       2012                                685,000                       16,440
                       Total                         $   3,100,000            $         378,941



Series 2007. On August 2, 2007, the Commissioners' Court of Comal County approved passage of
orders authorizing the issuance of certificates of obligation in an aggregate amount not to exceed
$20,200,000. The purpose being the purchase of right of way for the State Highway 46 TXDOT pass
through project, Schwab Road realignment, expansion of the JP #3 offices to provide office space for
Adult Probation officers, land acquisition for conservation purposes and parks, courthouse restoration, Dry
Comal Creek flood retarding structures, and the purchase of land and construction of a new justice center.
The order awarding the sale of $20,190,000 Certificates of Obligation, Series 2007 was approved on
August 9,2007. Closing and delivery of the certificates occurred on September 6, 2007.

The 2007 Certificates of obligation currently outstanding are as follows:

                     Purpose                         Interest Rate                 Amount
         General government                          4.25% - 5.75%            $     20,190,000
                                                                              $     20,190,000
                                      COMAL COUNTY, TEXAS

                                  NOTES TO FINANCIAL STATEMENTS

                                         December 31, 2007





Annual debt service requirements to maturity for Series 2007 certificates of obligation are as follows:

                    Year Ending
                    December 31                       Principal                    Interest
                        2008                        $     105,000             $         961,440
                        2009                              100,000                       957,084
                        2010                              100,000                       952,834
                        2011                              500,000                       940,084
                        2012                              495,000                       918,940
                     2013-2017                          4,505,000                     3,949,475
                     2018 - 2022                        5,640,000                     2,802,857
                     2023 - 2027                        7,100,000                     1,330,788
                        2028                            1,645,000                        41,125
                        Total                       $ 20,190,000              $      12,854,626



Notes Payable. The County issues notes in anticipation of the collection of taxes, usually retirable only
from tax collections. The County currently has two (2) series of notes payable outstanding.

On May 23, 2002 the Commissioners' Court passed an order authorizing the issuance of 'Comal County,
Texas, Tax Notes, Series 2002' in the amount of $2,400,000. These notes, dated June 1, 2002 were
issued June 30, 2002. The proceeds were used for the purchase of 20 acres with buildings for the
extension office, a new roof on the tax office building, several remodeling projects.

The 2002 notes payable currently outstanding are as follows:


                     Purpose                         Interest Rate                 Amount
         General government                           3.5% -4.0%              $       725,000



Annual debt service requirements to maturity for the 2002 notes payable are as follows:


                    Year Ending
                    December 31                           Principal                Interest
                       2008                          $        360,000         $          21,350
                       2009                                   365,000                     7,300
                       Total                         $        725,000         $          28,650



On August 21, 2003 the Commissioners" Court passed an order authorizing the issuance of 'Comal
County, Texas, Tax Notes, Series 2003' in the amount of $1,700,000. These notes, dated August 1,2003
were issued September 18, 2003. The proceeds were used for the construction of two new Justice of the
Peace offices and various other projects.

The 2003 notes payable currently outstanding are as follows:


                     Purpose                         Interest Rate                 Amount
         General government                          2.35% - 3.10%            $       965,000


                                                     35
                                        COMAL COUNTY, TEXAS

                                    NOTES TO FINANCIAL STATEMENTS

                                           December 31,2007



   Annual debt service requirements to maturity for the 2003 notes payable are as follows:


                          Year Ending
                          December 31                        Principal                       Interest
                             2008                          $     200,000               $          25,966
                             2009                                200,000                           20,416
                             2010                                565,000                            8,758
                             Total                         $     965,000               $           55,140



   Changes in Bonded Debt and Other Long-Term Obligations.

   Long-term liability activity for the year ended December 31,2007, was as follows:

                                        Beginning                                          Ending           Due Within
               Type of Debt              Balance          Additions    Reductions          Balance           One Year
   Governmental activities
   Bonds payable:
      Certificates of obligation
          Series 1998                   $ 3,635,000   $                $    535,000    $    3,100,000       $    555,000
          Series 2007                                     20,190,000                       20,190,000            105,000
      Notes payable
          2002 Notes payable              1,090,000                          365,000          725,000             360,000
          2003 Notes payable              1,190,000                          225,000          965,000             200,000
             Total bonds payable          5,915,000       20,190,000       1,125,000       24,980,000           1,220,000
   Compensated absences payable             618,219          154,419         123,886          648,752              30,533
   Net pension obligation                   356,811            4,549                          361,360
      Governmental activity
          long-term liabilities         $ 6,890,030   $ 20,348,968     $ 1,248,886     $ 25,990,112         $ 1,250,533



   Debt payments have been made from the debt service fund in the past. Primarily the General and Road
   and Bridge funds have liquidated other long-term liabilities in the past.

   Conduit Debt
   ComaI County issued certificates of obligation on behalf of Bulverde Area Rural library District to
   construct a library in the County. The bonds are to be repaid solely from sales taxes and other revenue of
   the District. The County considers the certificates to be a debt of the District rather than debt of the
   County. Therefore these certificates of obligation have been excluded from the County's financial
   statements in order to avoid misrepresenting the nature of the certificates and distorting the County's
   financial statements. The certificates outstanding at December 31, 2007 were $4,575,000. They mature
   September 1, 2022 and bear an interest rate of 4.39%.


Note 4. Other Information

   A. Risk Management
   The Governmental Accounting Standards Board (GASB) issued Statement No. 10, Accounting and
   Financial Reporting for Risk Financing and Related Insurance Issues, which establishes standard
   accounting and financial reporting practices for pUblic entity risk pools and governmental entities. In
   accordance with GASB Statement No. 10, we make the following disclosures regarding the County's risk
   management program.




                                                            36
                                      COMAL COUNTY, TEXAS

                                  NOTES TO FINANCIAL STATEMENTS

                                             December 31, 2007



1. Types of Risk
The County is exposed to various risks of loss related to torts: theft of, damage to, and destruction of
assets; errors and omissions; injuries to employees; and natural disasters for which the County carries
commercial insurance. The County participates as a member of the Texas Association of Counties'
County Government Risk Management Pool. As a member of the Risk Management Pool, the County
maintains coverage for General Liability, Public Officials Liability, Law Enforcement Liability, Auto Liability,
and Workers Compensation pursuant to the provisions of Chapter 119 of the Texas Local Government
Code.

The County established a self-funded health insurance plan in 1995, which is recorded as an internal
service fund, but this does not constitute a transfer of risk from the County. In accordance with state
statute, the County was protected against unanticipated catastrophic individual or aggregate loss by stop­
loss coverage carried through Blue Cross and Blue Shield of Texas, Inc., a commercial carrier licensed or
eligible to do business in Texas in accordance with the Texas Insurance Code.

In 1997 the County established an internal service fund to accrue assets for damage control to cover
physical damage losses to county and volunteer fire and volunteer emergency service vehicles and to
cover deductibles on claims against public officials. The County quit covering the volunteer fire and
volunteer emergency service vehicles effective January 1, 2003. In 2007 the County eliminated this fund
and the costs associated with damage to County vehicles are now budgeted as a department of the
general fund.

2.   Insurance Coverage
Insurance is purchased from the Texas Association of Counties' County Government Risk Management
Pool and the commercial market for exposures which are difficult to self-insure, or where analysis
suggests the cost/benefit is appropriate.

The following is a summary of major coverages:


                           Coverage                          Retention                Limits
              General Liability                                                   $      300,000
              Automobile Liability                                                       300,000
              Automobile Physical Damage                         25,000                     ACV
              Public Official Liability                           5,000                2,000,000
              Law Enforcement Liability                          10,000                2,000,000
              Buildings and Contents                             10,000               32,314,000
                    Wind I Hail                                 100,000
              Extra Expense                                      10,000                5,000,000
              Equipment Breakdown                                10,000               25,000,000
              Crime Policy
                     Employee Dishonesty                             250                 100,000
                     Money and Securities                            250                 100,000
                     Forgery and Alteration                          250                 100,000
                     Computer Fraud                                  250                 100,000



There were no significant changes in commercial coverages, however, there were significant changes in
retentions and limits during the fiscal year. Because of very large increases in premiums, management
determined that the savings on the premiums offset the risk associated with the increased retentions.
Settled claims have not exceeded the commercial coverages above in any of the three previous years.




                                                       37
                                      COMAL COUNTY, TEXAS

                                  NOTES TO FINANCIAL STATEMENTS

                                             December 31,2007



B. Contingent Liabilities and Litigation
The County is the recipient of several federal and state grant programs, which have guidelines that require
compliance with numerous statutes and regulations. Amounts received or receivable from grantor
agencies and the amounts expended by the County are subject to audit and adjustment by grantor
agencies, principally the state and federal governments. Noncompliance with the regulations could have
an effect on the allowability of program expenditures. Any disallowed claims, including amounts already
collected, may constitute a liability of the applicable funds. The amount, if any, of expenditures which may
be disallowed by the grantor cannot be determined at this time although the County expects such
amounts, if any, to be immaterial.

In addition, the County is a defendant in various outstanding lawsuits that have not been resolved as of
December 31, 2007. However, in the opinion of the management and outside council, the resolution of
these matters, if decided adversely, will not have a material adverse effect on the financial condition of the
County.


C. Health Care Coverage
Effective October 1, 1995, the County established a self-funded health insurance plan, which is recorded
as an Internal Service Fund. This fund accounts for the health insurance risk financing activities of the
County but does not constitute a transfer of risk from the County. The County pays the employee
premium, currently $405.30 per employee per month to the fund, and employees, at their option, authorize
payroll with holdings to pay premiums for dependents. A third party administers the plan and the contract
is renewable annually in October.

The County allows employees who retire under the rule of 75 to stay on the County's insurance until they
reach the age of 65. Retirees who opt to stay on the County's insurance pay $308.29 per month in
premiums. At the age of 65 retirees must leave the County's insurance. Upon presentation of proof of
premium payment for supplemental insurance, the County will reimburse the retiree $100 per month.
Currently there are fourteen retirees on the County's insurance and three retires over 65 receiving the
$100 monthly premium supplement.

In accordance with state statute, the County was protected against unanticipated catastrophic individual or
aggregate loss by stop-loss coverage carried through Blue Cross and Blue Shield of Texas, Inc., a
commercial carrier licensed or eligible to do business in Texas in accordance with the Texas Insurance
Code. Stop-loss coverage was in effect for individual claims exceeding $75,000 and $3,045,341 for
aggregate loss. In addition, the contract with Blue Cross and Blue Shield of Texas provides for a
termination clause. This clause provides that the County, at termination of the plan, pays a fee to the
carrier and not is liable for future unreported health claims. The fee is calculated based upon the number
of employees and dependents covered. Had the plan been terminated at December 31, 2007, the fee
would have been $469,348.

Following is a summary of the reserve for unreported claims:
                                                                            2007
                  Amounts paid by County and employees                   $ 3,015,010
                  Amounts paid and due in claims                           1,027,887
                  Provision for unreported claims                        $ 1,987,123

Following is a reconciliation of changes in the aggregate liabilities for claims for the current fiscal year and
the prior year:
                                                                    2007                 2006
         Claims   payable, January 1                            $    39,888         $       40,620
         Claims   incurred                                        2,904,854              2,644,834
         Claims   paid                                            2,861,477              2,645,566
         Claims   payable, December 31                          $    83,265         $       39,888



                                                     38
                                      COMAL COUNTY, TEXAS

                                  NOTES TO FINANCIAL STATEMENTS

                                         December 31,2007



Claims payable are estimated based upon one-month's subsequent claims paid. Any potential unfunded
claim benefit obligations will be funded through rate adjustments and future contributions generated.

There were no significant changes in coverages, retentions, or limits during the fiscal year.

D. Employee Pension Plan
Plan Description. Comal County provides retirement, disability, and death benefits for all of its full-time
employees through a nontraditional defined benefit plan in the statewide Texas County and District
Retirement System (TCDRS). The Board of Trustees of TCDRS is responsible for the administration of
the statewide agent multiple-employer public employee retirement system consisting of 573 additional
defined benefit pension plans. TCDRS in the aggregate issues a comprehensive annual financial report
(CAFR) on a calendar year basis. The CAFR is available upon written request from the TCDRS Board of
Trustees at P.O. Box 2034, Austin, Texas 78768-2034.

The plan provisions are adopted by the Commissioners' Court of ComaI County, within the options
available in the Texas state statutes governing TCDRS (TCDRS Act). Members can retire at ages 60 and
above with 8 or more years of service, with 30 years of service regardless of age, or when the sum of their
age and years of service equals 75 or more. Members are vested after 8 years of service but must leave
their accumulated deposits in the plan to receive any employer-financed benefit. Members who withdraw
their personal deposits in a lump sum are not entitled to any amounts contributed by the County.

Benefit amounts are determined by the sum of the employee's deposits to the plan, with interest, and
County-financed monetary credits. The level of these monetary credits is adopted by the Commissioners'
Court of ComaI County within the actuarial constraints imposed by the TCDRS Act so that the resulting
benefits can be expected to be adequately financed by the County's commitment to contribute. At
retirement, death, or disability, the benefit is calculated by converting the sum of the employee's
accumulated deposits and the County-financed monetClry credits to a monthly annuity using annuity
purchase rates prescribed by the TCDRS Act.

Funding Policy. Comal County has elected the annually determined contribution rate (Variable-Rate)
plan provisions of the TCDRS Act. The plan is funded by monthly contributions from both employee
members and the County based on the covered payroll of employee members. Under the TCDRS Act,
the contribution rate of the County is actuarially determined annually. It was 8.86% for the calendar year
2007. The deposit rate payable by the employee members is the rate of 7% as adopted by the
Commissioners' Court of Comal County. The Commissioners' Court, within the options available in the
TCDRS Act, may change the employee deposit rate and the County contribution rate.

Annual Pension Cost. For the County's accounting year ending December 31, 2007, the annual pension
cost for the TCDRS plan for its employees was $1,691,636, and the actual contributions were $1,687,087.


                 Annual required contributions (ARC)                          $   1,687,087
                 Interest on net pension obligation (NPO)                            32,113
                 Adjustment to ARC                                                  (27,564)
                 Annual pension cost                                              1,691,636
                 Contributions made                                               1,687,087
                 Increase (decrease) in NPO                                          4,549
                 NPO beginning of year                                             356,811
                 NPO end of year                                              $    361,360

The annual required contributions were actuarially determined as a percent of the covered payroll of the
participating employees, and were in compliance with the GASB Statement No. 27 parameters based on
the actuarial valuation as of December 31, 2006, the basis for determining the contribution rate for
calendar year 2007.


                                                    39
                                            COMAL COUNTY, TEXAS

                                        NOTES TO FINANCIAL STATEMENTS

                                                   December 31, 2007



The December 31,2006 actuarial valuation is the most recent valuation.

                                            Actuarial Valuation Information
Actuarial valuation date                     12/31/2004                       12/31/2005                  12/31/2006

Actuarial method                        entry age                      entry age                      entry age
Amortization method                     level percentage               level percentage               level percentage
                                        of payroll, open               of payroll, open               of payroll, closed
Amortization period                     20.0                           20.0                           15.0
Asset valuation method                  long-term                      long-term                      SAF: 10-yr
                                        appreciation                   appreciation                   smoothed value
                                        with adjustment                with adjustment                ESF: Fund value
Actuarial Assumptions:
                    1
 Investment return                      8.00%                          8.00%                          8.00%
                            1
 Projected salary increases             5.5%                           5.3%                           5.3%
 Inflation                              3.5%                           3.5%                           3.5%
 Cost-of-Iivings adjustments            0.0%                           0.0%                           0.0%

1 Includes   inflation at the stated rate




                        for the Retirement Plan for the Employees of Comal County
                      Accounting             Annual                    Percentage                   Net
                         Year                Pension                     ofAPC                    Pension
                        Ending              Cost (APC)                 Contributed               Obligation

                      12/31/2005               1,388,059                  99.68%                     352,319
                      12/31/2006               1,449,679                  99.69%                     356,811
                      12/31/2007               1,691,636                  99.73%                     361,360




                                 Schedule of Funding Progress for the Retirement Plan
                                         for the Employees of Comal County

                           Actuarial        Actuarial         Unfunded          Funded        Annual          UAAL as a
      Actuarial            Value of          Accrued             AAL              Ratio       Covered         Percentage
      Valuation             Assets        Liability (AAL)      (UAAL)            (a / b)      Payroll 2       of Covered
        Date                  (a)                (b)            (b - a)                         (c)             Payroll
                                                                                                              ((b - a) 1c)

     12/31/2004            24,946,976        29,253,844           4,306,868     85.28%         16,766,358       25.69%
                  3
     12/31/2005            28,119,178        32,774,261           4,655,083     85.80%         17,016,908       27.36%
     12/31/2006            32,429,860        36,195,747           3,765,887     89.60%         17,626,803       21.36%

2The annual covered payroll is based on the employee deposits received by TCDRS for the year ending with the valuation date.
3Funding information may differ from prior year compliance data due to plan changes effective 01/01/2007.




                                                             40
      COMAL COUNTY, TEXAS

        COMPREHENSIVE

    ANNUAL FINANCIAL REPORT

               2007





REQUIRED SUPPLEMENTARY INFORMATION
41

                                                       COMAL COUNTY, TEXAS
                                                      ROAD AND BRIDGE FUND
                                           SCHEDULE OF REVENUES, EXPENDITURES AND
                                   CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)
                                                For the Year Ended December 31, 2007

                                                                                                                         Variance with
                                                                 Budgeted Amounts                                        Final BUdget·
                                                                                                                            Positive
                                                            Original            Final             Actual Amounts           (Negative)

REVENUES:

GENERAL REVENUES:

Taxes:
     Ad valorem                                         $      3,700,505    $       3,700,505     $     3,608,554    $          (91,951 )
     Auto registration and title                               2,120,000            2,120,000           2,414,081               294,081
Interest on deposits                                             255,000              255,000             330,539                75,539
Miscellaneous revenue                                             20,000               20,000              23,969                 3,969

TOTAL GENERAL REVENUES                                         6,095,505            6,095,505           6,377,143               281,638


PROGRAM REVENUES:
Charges for services                                            329,000              329,000             315,316                (13,684)

TOTAL PROGRAM REVENUES                                          329,000              329,000             315,316                (13,684)



TOTAL REVENUES                                                 6,424,505            6,424,505           6,692,459               267,954

EXPENDITURES:

Current:
     Infrastructure and environment                            5,879,005            5,883,110           5,100,625               782,485
Capital outlay                                                  556,000              765,600             728,428                 37,172

           Total expenditures                                  6,435,005            6,648,710           5,829,053               819,657

                 Excess (deficiency) of revenues
                   over (under) expenditures                     (10,500)            (224,205)           863,406              1,087,611
OTHER FINANCING SOURCES (USES)
Sale of capital assets                                            20,000               20,000                                    (20,000)
Transfers to other funds                                          (5,000)               (5,000)            (5,000)
     Total other financing sources and (uses)                     15,000               15,000              (5,000)               (20,000)

Net change in fund balances                                        4,500             (209,205)            858,406              1,067,611

Fund balances - beginning                                      3,724,406            3,724,406           3,724,406

Fund balances - ending                                  $      3,728,906    $       3,515,201     $     4,582,812    $         1,067,611




                                                                 42
                                 COMAL COUNTY, TEXAS

                     NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

                                    December 31, 2007




Budgetary Information
Budgets for the County are prepared in conformity with generally accepted accounting principles (GAAP).
The County legally adopts budgets for the General Fund, Special Revenue Funds (except Grant Funds
and discretionary funds) and Debt Service Funds. Budgets for Grant Funds are established pursuant to
grant awards and budgets for Capital Projects are established on a project basis. All annual
appropriations, except Grant and Capital Project Funds, lapse at fiscal year end. At a minimum, the
County is required to present the original and the final budgets for revenues and expenditures compared
to actual revenues and expenditures for the General Fund and major special revenue funds.




                                                  43
     COMAL COUNTY, TEXAS

       COMPREHENSIVE

   ANNUAL FINANCIAL REPORT

             2007





OTHER SUPPLEMENTARY INFORMATION
                                                              COMAL COUNTY, TEXAS

                                                                 GENERAL FUND

                                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                 CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                        For the Year Ended December 31, 2007




REVENUES:                                                                   Budgeted Amounts
                                                                                                                    Actual           Variance with Final
                                                                                                                                     BUdget - Positive
                                                                      Original                 Final                Amounts              (Negative)

GENERAL REVENUES

Ad Valorem Taxes:
   Current                                                        $    16,541,968      $       16,541,968       $    15,886,842      $        (655,126)
   Delinquent                                                             240,000                 240,000               482,586                242,586
   Penalty and interest                                                   190,000                 190,000               229,469                 39,469

TOTAL AD VALOREM TAXES                                                 16,971,968              16,971,968            16,598,897               (373,071)

Sales and use tax                                                        5,200,000              5,200,000             6,810,372              1,610,372
Mixed drinks tax                                                           140,000                140,000               187,205                 47,205
Bingo tax                                                                   20,000                 20,000                18,259                 (1,741)
Other taxes                                                                326,000                326,000               387,812                 61,812
Interest on deposits                                                       402,600                402,600               770,919                368,319
Miscellaneous                                                              166,000                166,000                81,726                (84,274)

TOTAL GENERAL REVENUES                                                 23,226,568              23,226,568            24,855,190              1,628,622

PROGRAM REVENUES:

Fees of Office:
   District Clerk                                                          211,000                211,000               255,314                 44,314
   County Court-at-Law                                                     184,000                184,000               242,826                 58,826
   County JUdge                                                               2,000                     2,000                2,409                 409
   County Clerk                                                          1,000,000              1,000,000             1,267,026                267,026
   County Attorney                                                          35,000                     35,000            32,883                  (2,117)
   Sheriff                                                                 205,000                205,000               176,019                (28,981)
   Tax Assessor-Collector                                                  770,000                770,000               946,345                176,345
   Justices of the Peace                                                   380,000                380,000               297,233                (82,767)
   Constables                                                                 6,000                     6,000                4,480               (1,520)

TOTAL FEES OF OFFICE                                                     2,793,000              2,793,000              3,224,535               431,535

Charges for services
  Alcoholic beverage licenses                                               25,000                 25,000                 32,587                  7,587
   Flood zone permits                                                       45,000                 45,000                 49,400                  4,400
   Criminal Justice fees                                                   170,000                170,000                 81,927               (88,073)
   County fee for the support of the judiciary                                                                             7,352                  7,352
   Courthouse security fees                                                125,000                125,000                107,575               (17,425)
  Arrest fees                                                              210,000                210,000                149,751               (60,249)
   Fines                                                                 1,700,000              1,700,000              1,537,202              (162,798)
   Legal fees                                                              140,000                140,000                126,341               (13,659)
   Pay phone commission                                                    115,000                115,000                124,940                   9,940
   Comall.S.D.                                                              70,000                 70,000                 75,105                   5,105
   Cities of Bulverde and New Braunfels                                     20,000                 20,000                 10,514                 (9,486)
   Auto Theft Task Force                                                    61,000                 61,000                 57,380                 (3,620)
   Social Security Administration                                            2,000                  2,000                  6,800                   4,800
   Comal Appraisal District                                                 36,726                 36,726                 45,908                   9,182
   D. E. A. and U. S. M. reimbursements                                      8,000                  8,000                 28,413                 20,413
   Inmate housing - federal, state and other counties                      768,000                768,000                386,520              (381,480)
   Public Health fees                                                       80,000                 80,000                 70,865                 (9,135)
   Sanitary facility permits                                               215,000                215,000                213,945                 (1,055)
   W.O.R.D. and C.O.E contracts                                            296,594                296,594                142,980              (153,614)
   Animal Control fees                                                      11,000                 11,000                  9,517                  (1,483)
   District Attomey                                                         46,000                 46,000                 34,976                (11,024)
   District Court Administration - Hays
       and Caldwell Counties                                                  65,000                   65,000             70,962                  5,962
   Other reimbursements                                                    160,000                 160,000               139,422                (20,578)
TOTAL CHARGES FOR SERVICES                                               4,369,320               4,369,320             3,510,382               (858,938)


                                                                                                                                            (Continued)
                                                                         44
                                                          COMAL COUNTY, TEXAS

                                                             GENERAL FUND

                                             SCHEDULE OF REVENUES, EXPENDITURES AND

                                CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                             For the Year Ended December 31,2007




REVENUES:                                                              Budgeted Amounts
                                                                                                                                 Variance with Final
                                                                                                                Actual
                                                                                                                                 Budget - Positive
                                                                 Original                 Final                Amounts               (Negative)

PROGRAM REVENUES: (Continued)

Operating Grants and Contributions
   Judicial Supplements                                      $         60,000    $            60,000       $         80,084      $          20,084
   State Criminal Alien Assistance                                     10,000                 10,000                 64,919                 54,919
   Indigent Defense                                                    52,000                 52,000                 40,385                (11,615)
   Texas VINE Grant                                                    26,000                 26,000                 17,925                 (8,075)
   Bureau of Justice                                                                                                     4,444               4,444
   Texas Department of Health
   FEMA
   Department of Public Safety emergency services grant                45,000                 45,000                 39,138                  (5,862)

TOTAL OPERATING GRANTS AND CONTRIBUTIONS                              193,000                193,000                246,895                 53,895


TOTAL PROGRAM REVENUES                                              7,355,320              7,355,320              6,981,812               (373,508)


TOTAL REVENUES                                                    30,581,888              30,581,888             31,837,002              1,255,114




EXPENDITURES:


GENERAL GOVERNMENT:


COUNTY JUDGE
  Salaries:
      Officials                                                        76,361                     76,361             76,361
  Auto allowance                                                        6,000                      6,000              6,000
  Fringe benefits                                                      18,560                     18,560             18,158                     402
  Office supplies                                                         150                        150                                        150
  Telephone                                                               400                        400                    98                  302
  Travel and meetings                                                   4,500                      4,500                 3,742                  758
  Judicial insurance                                                    1,500                      1,500                                      1,500
      TOTAL COUNTY JUDGE                                              107,471                107,471                104,359                   3,112


COMMISSIONERS' COURT
  Salaries:
      Officials                                                       181,052                181,052                181,051                       1
      Executive assistant                                              35,242                 37,742                 37,670                      72
      Clerks                                                           26,477                 26,487                 26,485                       2
      Magistrate                                                       14,000                 13,225                 13,218                       7
  Auto allowance                                                       25,500                 25,515                 25,511                       4
  Fringe benefits                                                      76,198                 75,558                 74,875                     683
  Office supplies                                                       3,200                  4,300                  4,210                      90
  Books and publications                                                  500                    500                    400                     100
  Consulting services                                                   4,000                  4,450                  4,434                      16
  Telephone                                                             1,200                  1,525                  1,502                      23
  Travel and meetings                                                  12,142                 10,707                 10,608                      99
  Dues                                                                  7,802                  7,802                  7,720                      82

       TOTAL COMMISSIONERS' COURT                                     387,313                 388,863               387,684                   1,179




                                                                                                                                        (Continued)
                                                                    45
                    COMAL COUNTY, TEXAS

                       GENERAL FUND

        SCHEDULE OF REVENUES, EXPENDITURES AND

CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

             For the Year Ended December 31,2007





                                                             (Continued)
                           46
                                                  COMAL COUNTY, TEXAS

                                                     GENERAL FUND

                                     SCHEDULE OF REVENUES, EXPENDITURES AND

                              CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                           For the Year Ended December 31,2007




EXPENDITURES:                                                 Budgeted Amounts
                                                                                                                     Variance with Final
                                                                                                       Actual
                                                                                                                     Budget - Positive
                                                        Original                 Final                Amounts            (Negative)

GENERAL GOVERNMENT: (Continued)

COUNTY CLERK
  Salaries:
      Officials                                     $        52,165      $           52,165       $        52,165    $
      Clerks                                                315,209                 315,209               272,863               42,346
      Election clerks                                         3,000                   3,000                 2,208                  792
      Overtime                                                2,500                   2,500                 1,006                1,494
  Fringe benefits                                           121,131                 121,131                96,443               24,688
  Office supplies                                            15,000                  15,000                12,593                2,407
  Copier maintenance and supplies                             6,500                   6,500                 6,009                  491
  Books and publications                                        600                     600                   293                  307
  Telephone                                                     960                     960                   763                  197
  Travel and meetings                                         3,210                   3,410                 3,350                   60
  Dues                                                          400                     200                    95                  105
  Remote certificates                                         1,500                   1,500                                      1,500
  Election costs                                             68,900                  94,323                 80,800              13,523
      TOTAL COUNTY CLERK                                     591,075                616,498                528,588              87,910

INFORMATION TECHNOLOGY
   Salaries:
       Personnel                                             443,195                441,945                437,095               4,850
       Overtime                                                  500                    500                    154                 346
   Fringe benefits                                           115,168                115,768                106,876               8,892
   Office supplies                                               950                  1,300                  1,246                  54
   Books and publications                                      1,000                    750                    584                 166
   Computer supplies                                           4,100                  4,100                  3,631                 469
   Telephone                                                     200                    200                    173                  27
   Data lease line                                            16,180                 16,180                 12,768               3,412
   Travel and meetings                                         4,423                  4,473                  4,219                 254
   PC hardware maintenance                                    24,000                 25,273                 23,874               1,399
   Computer training and education                            18,000                 17,500                 17,012                 488
   Recurring contracts                                       292,666                310,664                285,266              25,398
   Non-capital equipment                                     107,070                139,571                137,305               2,266
   Computer components and software                            9,000                  8,500                  8,122                 378
   Capital expenditures:
       Capital equipment                                        38,000                   48,500             48,430                   70
      TOTAL COMPUTER SERVICES                              1,074,452               1,135,224             1,086,755              48,469

HUMAN RESOURCES
  Salaries:
      Personnel manager                                         64,221                   64,221             63,592                  629
      Clerks                                                    87,853                   86,153             85,821                  332
      Overtime                                                   1,600                      808                426                  382
  Fringe benefits                                               39,957                   41,157             39,154                2,003
  Office supplies                                                2,670                    2,670              2,531                  139
  Books and publications                                         4,004                    4,504              4,415                   89
  Salary survey I classification                                   900                      900                405                  495
  Employee recognition                                           3,400                    3,400              3,028                  372
  Pre-employment background checks                                 250                      250                 15                  235
  Telephone                                                        250                      250                161                   89
  Travel and meetings                                            2,996                    2,996              2,729                  267
  Dues                                                             505                      505                360                  145
  Training and education                                         3,700                    3,700              2,792                  908
  Non-capital equipment                                                                     792                792
      TOTAL HUMAN RESOURCES                                  212,306                 212,306               206,221                6,085




                                                                                                                            (Continued)
                                                           47
                    COMAL COUNTY, TEXAS

                       GENERAL FUND

       SCHEDULE OF REVENUES, EXPENDITURES AND

CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

             For the Year Ended December 31,2007





                                                            (Continued)
                          48
                  COMAL COUNTY, TEXAS

                     GENERAL FUND

       SCHEDULE OF REVENUES, EXPENDITURES AND

CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

             For the Year Ended December 31,2007





                             49                              (Continued)
                                                        COMAL COUNTY, TEXAS

                                                           GENERAL FUND

                                           SCHEDULE OF REVENUES, EXPENDITURES AND

                                    CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                                 For the Year Ended December 31,2007




EXPENDITURES:                                                      Budgeted Amounts
                                                                                                                             Variance with Final
                                                                                                            Actual
                                                                                                                              Budget - Positive
                                                             Original                 Final                Amounts               (Negative)

JUSTICE SYSTEM: (Continued)

DISTRICT COURT ADMINISTRATOR
  Salaries:
     Court administrator                                 $         88,403       $         88,403       $         88,403      $
  Fringe benefits                                                  20,272                 20,272                 19,667                    605
  Office supplies                                                    1,000                      800                   515                  285
  Telephone                                                              500                    300                    191                 109
  Travel and meetings                                                4,280                    4,680                  4,597                  83
     TOTAL DISTRICT COURT ADMINISTRATOR                           114,455                114,455               113,373                   1,082

CRIMINAL DISTRICT ATTORNEY
  Salaries:
     C.D.A. Supplement                                               2,400                    2,400                  2,308                  92
     Assistant district attorneys                                835,683                 835,683               717,549                 118,134
     Secretaries                                                 441,790                 404,588                368,664                 35,924
     Investigator                                                 100,770                102,070                 96,441                  5,629
     Inspectors                                                   67,616
  Fringe benefits                                                409,187                 374,015                310,700                 63,315
  Office supplies                                                  12,500                 12,800                 12,797                       3
  Books and publications                                             2,500                    2,900                  2,860                   40
  Gas and oil                                                        2,000                    2,000                   855                1,145
  Laboratory testing and witness costs                               8,000                    8,000                  7,452                 548
  Telephone (office and mobile)                                      3,750                    3,750                  1,493               2,257
  Travel and meetings                                              11,770                 11,770                 11,678                      92
  Dues                                                               4,750                    5,050                  4,957                   93
  Training and education                                                 892                   1,774                 1,525                 249
  Non-capital equipment                                                  500                    500                                        500
     TOTAL DISTRICT ATTORNEY                                    1,904,108              1,767,300              1,539,279                228,021

DISTRICT CLERK
  Salaries:
     Officials                                                     52,165                 52,165                 52,165
     Clerks                                                       283,753                283,753                268,716                 15,037
     Overtime                                                        3,000                     3,000                   316                2,684
  Fringe benefits                                                 115,414                115,414                101,296                 14,118
  Office supplies                                                  12,000                     11,200                 9,614                1,586
  Books and publications                                                 400                    400                    191                 209
  Telephone                                                              850                    850                    687                  163
  Travel and meetings                                                2,675                     3,475                 3,472                    3
  Dues                                                                   145                    145                    145
  Non-capital equipment                                              1,050                     1,050                 1,037                   13
     TOTAL DISTRICT CLERK                                         471,452                471,452                437,639                 33,813

COUNTY COURT-AT-LAW#1
  Salaries:
     Officials                                                    108,359                112,259                112,171                      88
     Court coordinator                                             43,825                     43,825             30,846                  12,979
  Fri nge benefits                                                 33,590                     33,590             29,879                   3,711
  Office supplies                                                    2,000                     2,000                 1,765                  235
  Telephone                                                            250                      250                     58                  192
  Travel and meetings                                                1,070                     1,470                 1,432                   38
  Dues                                                                 400                      415                    415
  Judicial insurance                                                 1,500                     1,500              1,500
  Public defense attomey                                           95,000                     90,685             78,461                  12,224
  Special investigators                                              1,000                     1,000                                      1,000
  Psychiatric evaluations                                               1,800                  1,800                   850                  950
  Mental Commitments                                               45,000                     45,000             30,701                  14,299
  Interpreter                                                           1,500                  1,500                 1,200                  300
  Visiting judges                                                       1,500                  1,500                   175                1,325
  Non-capital eqUipment                                              2,500                     1,100                   735                  365
     TOTAL COUNTY COURT-AT-LAW #1                                 339,294                337,894                290,188                  47,706
                                                                50                                                                  (Continued)
                                                  COMAL COUNTY, TEXAS
                                                      GENERAL FUND
                                        SCHEDULE OF REVENUES, EXPENDITURES AND

                                CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                            For the Year Ended December 31, 2007




EXPENDITURES:                                                    Budgeted Amounts
                                                                                                                           Variance with Final
                                                                                                          Actual
                                                                                                                            Budget - Positive
                                                          Original                  Final                Amounts               (Negative)

JUSTICE SYSTEM: (Continued)

COUNTY COURT-AT-LAW#2
  Salaries:
      Officials                                       $        108,359       $         112,359       $       112,171       $             188
      Court coordinator                                          32,549                 32,549                 32,548                       1
  Fringe benefits                                                31,600                 32,740                 32,545                    195
  Office supplies                                                 1,350                     2,250                  2,088                 162
  Books and publications                                              250                     260                   260
  Telephone                                                           250                     250                    122                 128
  Travel and meetings                                             1,070                     2,270                  2,253                   17
  Dues                                                              500                       500                   475                   25
  Judicial insurance                                              1,500                     1,500                  1,500
  Public defense attorney                                      100,000                  92,050                 70,005                 22,045
  Special investigators                                           1,500                       100                                        100
  Psychiatric evaluations                                         1,000                     2,100                  2,100
  Interpreter                                                     1,000                     1,300                  1,245                   55
  Visiting court reporter                                                                   1,200                  1,125                  75
  Visiting jUdges                                                 1,500                     1,000                   238                  762

      TOTAL COUNTY COURT-AT-LAW#2                              282,428                 282,428                258,675                 23,753


COUNTY COURT-AT-LAW CLERKS
  Salaries:
      Clerks                                                   381,088                 388,288                388,262                      26
      Overtime                                                    3,000                       650                   632                    18
   Fringe benefits                                             128,462                 123,612                122,180                   1,432
  Office supplies                                               12,000                      12,000                 9,297                2,703
  Collection costs                                                5,000                      5,000                 3,112                1,888
   Books and publications                                             350                     350                    256                   94
   Telephone                                                          800                     800                    156                  644
   Travel and meetings                                            2,700                      2,700                 1,778                  922

      TOTAL COUNTY COURT-AT-LAW CLERKS                         533,400                 533,400                525,673                   7,727


JUSTICE OF THE PEACE #1
   Salaries:
      Officials                                                  42,697                     42,697             42,697
      Clerks                                                     88,617                     88,617             87,921                     696
      Overtime                                                        200                     200                                         200
   Auto allowance                                                 4,000                      4,000              4,000
   Fringe benefits                                               42,219                     42,219             36,702                   5,517
   Office supplies                                                   2,000                   2,025                 2,023                    2
   Books and publications                                             300                     255                    155                  100
   Telephone ( office and mobile)                                     730                     730                    561                  169
   Travel and meetings                                               1,070                   1,090                 1,086                    4

      TOTAL JUSTICE OF THE PEACE #1                              181,833                181,833               175,145                   6,688


JUSTICE OF THE PEACE #2
   Salaries:
      Officials                                                   42,697                    42,697             42,697
      Clerks                                                      51,851                    51,851             49,463                   2,388
   Auto allowance                                                    4,000                   4,000                 4,000
   Fringe benefits                                                31,030                    31,045             28,564                   2,481
   Office supplies                                                   2,500                   2,560                 2,550                   10
   Telephone                                                         2,000                   1,920                 1,683                  237
   Travel and meetings                                                428                      428                   306                  122
   Interpreter                                                          20                      20                                         20
   Dues                                                                 50                      55                    55

      TOTAL JUSTICE OF THE PEACE #2                              134,576                134,576               129,318                   5,258


                                                                                                                                  (Continued)
                                                            51
                    COMAL COUNTY, TEXAS

                       GENERAL FUND

       SCHEDULE OF REVENUES, EXPENDITURES AND

CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

             For the Year Ended December 31, 2007





                                                            (Continued)
                          52
                                                           COMAL COUNTY, "rEXAS

                                                              GENERAL FUND

                                         SCHEDULE OF REVENUES, EXPENDITURES AND

                                  CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                      For the Year Ended December 31,2007




EXPENDITURES:                                                              Budgeted Amounts
                                                                                                                                     Variance with Final
                                                                                                                    Actual
                                                                                                                                      Budget - Positive
                                                                    Original                  Final                Amounts               (Negative)

PUBLIC SAFETY: (Continued)

SHERIFF'S DEPARTMENT
  Salaries:
      Officials                                                 $          79,800      $          79,800       $         79,800      $
      Deputies                                                         3,808,069               3,808,069              3,802,510                  5,559
      Arson investigator                                                   53,419                 57,419                 57,185                    234
      Reserves                                                              4,000                     4,000                   978                3,022
      Communications officers                                           467,381                  467,381                341,252                126,129
      Clerks                                                            315,302                  315,302                315,127                    175
      Overtime \ holiday pay                                             129,000                 149,300                148,814                    486
  Uniform allowance                                                        37,000                 39,500                 39,386                    114
  Fringe benefits                                                      1,511,880               1,436,980              1,359,050                 77,930
  Office supplies                                                          20,000                 20,100                 20,059                     41
  Gas and oil                                                            320,000                 328,000                327,846                    154
  Police supplies                                                          63,000                 66,000                 62,877                  3,123
  Laboratory testing                                                        4,000                 10,200                 10,098                    102
  Telephone (office and mobile)                                            52,900                 69,900                 65,875                  4,025
  Mobile data terminals                                                    31,980                 31,980                 23,968                  8,012
  Travel and meetings                                                      10,700                 10,700                     8,667               2,033
  Maintenance agreements                                                   20,000                 31,000                 26,991                  4,009
  Equipment repairs                                                         2,500                      2,500                  189                 2,311
  Mobile comm. equipment \ repairs                                         58,500                 58,650                 53,287                   5,363
  Training and education                                                   26,494                 40,896                 39,964                    932
  Dues                                                                          600                     600                   269                  331
  Uniforms                                                                 30,000                     34,095             30,516                   3,579
  Crime prevention programs                                                12,000                     12,200             11,852                     348
  Miscellaneous                                                            13,750                     14,050             13,459                     591
  Non-capital equipment                                                    22,119                     41,513             41,467                      46
  Texas VINE grant expenditures                                            26,000                     26,000             17,925                   8,075
  Capital expenditures:
      Furniture and equipment                                            698,468                 680,968                680,680                     288

      TOTAL SHERIFF'S DEPARTMENT                                       7,818,862               7,837,103              7,580,091                257,012


EMERGENCY MANAGEMENT
  Salaries:
      Local emergency program coordinator                                  48,185                     48,185             48,185
      Assistant program coordinator (25% of salary)                        17,783                     17,783             17,783
   Fringe benefits                                                         17,214                     17,224             16,198                   1,026
  Office supplies                                                                500                    500                   451                    49
  Gas and oil                                                                  1,500                   1,190                                      1,190
  Telephone (office and mobile)                                                 350                     650                    625                   25
  Mobile data terminals                                                                                1,321                   560                  761
  Travel and meetings                                                          2,140                   2,140                 1,294                  846
   Dues                                                                         400                     400                                         400

      TOTAL EMERGENCY MANAGEMENT                                           88,072                     89,393             85,096                   4,297


COURTHOUSE SECURITY
   Salaries:
      Deputies                                                           343,577                  343,577               337,165                   6,412
      Clerk                                                                    3,212                   3,212                 3,149                   63
      Overtime                                                                 1,000                   1,000                   657                  343
   Uniform allowance                                                           3,720                   3,720                 3,568                  152
   Fringe benefits                                                       110,641                  109,941               100,765                   9,176
   Supplies                                                                    2,000                   2,000                 1,911                   89
   Mobile phone                                                                 500                      500                   375                  125
   Accutronic system maintenance                                               1,000                   1,000                   836                  164
   Non-capital equipment                                                       4,320                   5,020                 4,944                   76

      TOTAL COURTHOUSE SECURITY                                          469,970                  469,970               453,370                  16,600


                                                                      53                                                                    (ContinUed)
                                                    COMAL COUNTY, TEXAS

                                                       GENERAL FUND

                                          SCHEDULE OF REVENUES, EXPENDITURES AND

                                  CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                              For the Year Ended December 31, 2007




EXPENDITURES:                                                       Budgeted Amounts
                                                                                                                             Variance with Final
                                                                                                            Actual
                                                                                                                              BUdget - Positive
                                                            Original                   Final                Amounts              (Negative)

PUBLIC SAFETY:      (Continued)


CONSTABLE #1
  Salaries:
     Official                                           $           24,555     $           24,555       $        24,555      $
     Deputies                                                       14,798                 14,798                14,798
  Uniform allowance                                                     180                      180                   83                   97
  Fringe benefits                                                    7,465                     7,465                 7,157                 308
  Office supplies                                                       300                      300                  299                     1
  Gas and oil                                                        4,800                     4,800                 3,108               1,692
  Police supplies                                                    2,513                     2,513                 2,513
  Telephone (office and mobile)                                         730                      730                  525                  205
  Travel and meetings                                                   214                      214                                       214
  Dues                                                                  195                      195                    98                  97
  Training and education                                                                       7,862                 1,888               5,974

     TOTAL CONSTABLE #1                                             55,750                 63,612                55,024                  8,588


CONSTABLE #2
  Salaries:
     Official                                                       24,555                 24,555                24,555
     Deputies                                                       14,798                     14,798            14,798
  Uniform allowance                                                     180                       95                    90                    5
  Fringe benefits                                                   11,931                     11,531            11,496                      35
  Office supplies                                                       325                      215                  214                     1
  Gas and oil                                                        4,500                      4,860                4,856                    4
  Police supplies                                                    3,000                      4,458                4,398                   60
  Telephone (office and mobile)                                         900                      701                  656                    45
  Travel and meetings                                                   963                      290                  290
  Training and education                                                                        2,465                 743                 1,722
  Non-capital equipment                                                 480                     1,780                1,772                    8
  Capital expenditures:
     Furniture and equipment                                        23,000                     21,499            21,478                      21

     TOTAL CONSTABLE #2                                             84,632                     87,247            85,346                   1,901


CONSTABLE #3
  Salaries:
     Official                                                       24,555                     24,555            24,555
     Deputies                                                       14,798                     14,818            14,814                       4
  Uniform allowance                                                     180                       180                  180
  Fringe benefits                                                   11,931                     11,911            11,372                     539
  Office supplies                                                       455                       455                  399                   56
  Gas and oil                                                          4,000                    4,000                2,139                1,861
  Police supplies                                                      2,420                    2,420                1,701                  719
  Telephone (office and mobile)                                         250                       250                   19                  231
  Travel and meetings                                                   214                       214                                       214
  Training and education                                                                        3,501                  494                3,007
  Non-capital equipment                                                2,100                    2,100                1,758                  342

     TOTAL CONSTABLE #3                                             60,903                     64,404            57,431                   6,973




                                                                                                                                    (Continued)
                                                               54
                                                       COMAL COUNTY, TEXAS

                                                          GENERAL FUND

                                          SCHEDULE OF REVENUES, EXPENDITURES AND

                                   CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                                For the Year Ended December 31,2007




EXPENDITURES:                                                       Budgeted Amounts
                                                                                                                             Variance with Final
                                                                                                            Actual
                                                                                                                             Budget - Positive
                                                            Original                   Final                Amounts              (Negative)

PUBLIC SAFETY:      (Continued)


CONSTABLE #4
  Salaries:
     Official                                           $         24,555      $            24,555       $        24,555      $
     Deputies                                                     14,798                   15,698                15,653                     45
  Uniform allowance                                                  180                      180                    90                     90
  Fringe benefits                                                 11,931                   11,781                11,734                     47
  Office supplies                                                    250                       50                    24                     26
  Gas and oil                                                      3,000                    3,100                 3,064                     36
  Police supplies                                                  1,000                      800                   780                     20
  Telephone (office and mobile)                                      500                    1,150                 1,130                     20
  Travel and meetings                                                214                      139                                          139
  Training and education                                                                    6,071                                        6,071
  Computer components and software                                  1,200
  Non-capital equipment                                             1,300                      1,475                 1,475
     TOTAL CONSTABLE #4                                           58,928                   64,999                58,505                  6,494


MAINTENANCE OF VEHICLES
  Vehicle repairs                                                210,000                  225,200               225,000                    200
  Towing                                                           2,500                    2,540                 1,969                    571
     TOTAL MAINTENANCE OF VEHICLES                               212,500                  227,740               226,969                    771


OTHER LAW ENFORCEMENT COSTS
  Contracts reimbursed                                           296,594                  296,594               124,690                171,904
  Autopsy costs                                                  100,000                  149,500               149,200                    300
     TOTAL OTHER LAW ENFORCEMENT COSTS                           396,594                  446,094               273,890                172,204


TOTAL PUBLIC SAFETY

     Current                                                   8,677,291                8,800,643              8,313,301               487,342
     Capital expenditures                                        721,468                  702,467               702,158                    309



CORRECTIONS AND REHABILITATION

ADULT PROBATION
  District Adult Probation costs                                    25,200                     25,200            25,200
  Telephone                                                          2,700                      2,700             1,900                     800
     TOTAL ADULT PROBATION                                          27,900                     27,900             27,100                    800


JUVENILE PROBATION
  Salaries:
     Juvenile judge \ board                                       32,346                   32,346                31,690                     656
     Officers                                                    131,861                  132,071               109,333                  22,738
     Secretary                                                    29,808                   29,808                29,515                     293
     Overtime                                                      2,000                    2,000                    18                   1,982
  Fringe benefits                                                 53,339                   53,129                47,362                   5,767
  Office supplies                                                  4,600                    4,600                 4,485                     115
  Gas and oil                                                      4,000                    4,000                 3,547                     453
  Telephone (office and mobile)                                    4,900                    4,900                 1,915                   2,985
  Travel and meetings                                              5,457                    5,457                 5,393                      64
  Youth services                                                 243,000                  243,000               236,144                   6,856
  Training and education                                           3,000                    3,000                 2,184                     816
     TOTAL JUVENILE PROBATION                                    514,311                  514,311               471,586                  42,725




                                                                                                                                    (Continued)
                                                               55
                                                    COMAL COUNTY, TEXAS

                                                       GENERAL FUND

                                        SCHEDULE OF REVENUES, EXPENDITURES AND

                                CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                             For the Year Ended December 31, 2007




EXPENDITURES:                                                       Budgeted Amounts
                                                                                                                          Variance with Final
                                                                                                            Actual
                                                                                                                           Budget - Positive
                                                             Original                  Final                Amounts           (Negative)

CORRECTIONS AND REHABILITATION:            (Continued)

JAIL
   Salaries:
       Jail administrator                                $         78,771     $            78,771       $        78,771   $
       Corrections officers \ nurses                            3,149,767               3,104,967             3,083,468              21,499
       Clerks                                                     138,222                 142,222               141,783                 439
       Cooks                                                      122,607                 124,107               123,844                 263
       Custodians                                                  97,635                  97,635                96,256               1,379
       Overtime \ holiday pay                                     120,000                 133,000               130,566               2,434
   Uniform allowance                                               63,000                  63,000                60,624               2,376
   Fringe benefits                                              1,264,362               1,198,362             1,135,429              62,933
   Office supplies                                                 25,000                  25,000                24,858                 142
   Police supplies                                                 12,500                  12,500                12,177                 323
   Medical \ physician costs                                      230,500                 252,500               246,104               6,396
   Extradition costs                                               25,000                  25,000                13,084              11,916
   Travel and meetings                                              3,210                   5,710                 5,544                 166
   Alarm maintenance                                                9,291                  11,291                11,179                 112
   Equipment maintenance                                           30,450                  21,451                20,745                 706
   Facility maintenance                                            75,000                 155,958               124,808              31,150
   Utilities                                                      195,000                 195,000               194,087                 913
   Feeding prisoners                                              345,000                 389,000               388,754                 246
   Cleaning and laundry supplies                                   42,000                  50,000                49,676                 324
   Prisoner supplies                                               24,500                  24,500                24,468                  32
   Training and education                                           8,000                   8,436                 7,831                 605
   Other jail costs                                                 2,000                   2,000                 1,012                 988
   Dues                                                               500                     500                   374                 126
   Miscellaneous                                                    3,750                   3,750                 3,511                 239
   Non-capital eqUipment                                            6,545                   1,795                 1,791                   4
   State criminal alien assistance commission                       4,000                  14,600                14,282                 318
   Capital expenditures:
        Property improvements                                       51,298                 16,698                 8,975                7,723
        Fumiture and equipment                                      63,530                 74,230                74,161                   69
      TOTAL JAIL                                                6,191,438               6,231,983             6,078,162             153,821


TOTAL CORRECTIONS AND REHABILITATION
      Current                                                   6,618,821               6,683,266             6,493,712             189,554
      Capital expenditures                                        114,828                      90,928            83,136                7,792



HEALTH AND HUMAN SERVICES:

PUBLIC HEALTH
  Salaries:
      Nurses                                                      129,898                 129,798               119,321               10,477
      Clerks                                                      110,194                 110,194                99,663               10,531
  Auto allowance                                                    1,200                   1,200                 1,200
  Fringe benefits                                                  71,437                  71,437                62,834                8,603
  Office supplies                                                   2,500                   2,727                 2,528                  199
  Medical supplies                                                  5,000                   5,000                 4,927                   73
  Physicians \ Pharmacist contracts                                12,500                  12,500                12,500
  Telephone (office and mobile)                                     1,660                   1,710                 1,039                  671
  Travel and meetings                                                 642                     642                   639                    3
  Employee Immunization                                             7,300                   7,300                 5,706                1,594
  Education materials                                                 600                     650                   624                   26
      TOTAL PUBLIC HEALTH                                         342,931                 343,158               310,981               32,177




                                                                                                                                 (Continued)
                                                               56
                                                       COMAL COUNTY, TEXAS

                                                          GENERAL FUND

                                          SCHEDULE OF REVENUES, EXPENDITURES AND

                                   CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                                For the Year Ended December 31, 2007




EXPENDITURES:                                                      Budgeted Amounts
                                                                                                                           Variance with Final
                                                                                                            Actual
                                                                                                                            Budget - Positive
                                                            Original                  Final                Amounts             (Negative)

HEALTH AND HUMAN SERVICES:            (Continued)

ENVIRONMENTAL HEALTH
  Salaries:
      Health inspectors                                 $          97,658    $           165,274       $        149,567    $          15,707
      Coordinator                                                  42,125                 42,125                 42,125
      Enforcement Coordinator                                                             37,202                 33,022                4,180
      Overtime                                                      1,000                  1,000                    131                  869
  Fringe benefits                                                  44,115                 74,487                 66,512                7,975
  Office supplies                                                   3,000                  3,100                  2,412                  688
  Gas and oil                                                       4,500                  6,900                  6,859                   41
  License fees                                                      1,000                  1,000                    251                  749
  Telephone (office and mobile)                                     1,700                  1,700                  1,468                  232
  Travel and meetings                                               2,140                  2,140                  2,138                    2
  Software maintenance                                                500                    500                    179                  321
  Miscellaneous                                                       300                    300                                         300
  Non-capital equipment                                               600                    600                     263                 337
      TOTAL ENVIRONMENTAL HEALTH                                 198,638                 336,328                304,927               31,401


VETERANS' SERVICES
  Salaries:
      Official                                                     43,841                 43,841                 43,841
  Auto allowance                                                    3,000                  3,000                  3,000
  Fringe benefits                                                  12,936                 12,936                 12,380                  556
  Office supplies                                                     500                    500                    325                  175
  Telephone                                                           225                    225                    126                   99
  Travel and meetings                                                 535                    535                    399                  136
  Veterans' transportation                                          1,340                  1,340                    970                  370
  Computer components and software                                    500                    500                    499                    1
      TOTAL VETERANS' SERVICES                                     62,877                     62,877             61,540                 1,337


ANIMAL CONTROL
   Salaries:
       Officers                                                  125,186                 119,886                119,026                   860
       Secretaries                                                21,725                  21,725                 21,725
       Overtime                                                    3,500                   1,250                  1,228                    22
   Fringe benefits                                                51,494                  47,194                 47,024                   170
   Office supplies                                                   800                     800                    633                   167
   Books and publications                                            100                     100                     64                    36
   Gas and oil                                                    15,000                  20,500                 20,416                    84
   Police supplies                                                 2,550                   1,700                  1,616                    84
   Telephone (office and mobile)                                   2,200                   2,560                  2,487                    73
   Travel and meetings                                             1,070                   1,070                    935                   135
   Uniforms                                                          450                     450                    420                    30
   Tending \ boarding \ disposal                                  81,000                  95,750                 95,691                    59
   Non-capital equipment                                           6,856                   1,056                    995                    61
   Capital expenditures:
       Furniture and equipment                                     56,000                     61,300             61,250                    50
      TOTAL ANIMAL CONTROL                                       367,931                  375,341               373,510                 1,831




                                                              57                                                                  (Continued)
                                                    COMAL COUNTY, TEXAS

                                                       GENERAL FUND

                                       SCHEDULE OF REVENUES, EXPENDITURES AND

                                CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                             For the Year Ended December 31, 2007




EXPENDITURES:                                                  Budgeted Amounts
                                                                                                                         Variance with Final
                                                                                                       Actual
                                                                                                                          BUdget - Positive
                                                         Original                 Final                Amounts               (Negative)

HEALTH AND HUMAN SERVICES:          (continued)

OTHER HEALTH AND HUMAN SERVICES
  Indigent Burial                                    $          3,000       $             3,000    $            1,300    $           1,700
  M.H.M.R.                                                      3,200                     3,200                 3,200

  TX Wildlife Control Program                                  39,600                 39,600                39,600


     TOTAL OTHER HEALTH AND HUMAN SERVICES                     45,800                 45,800                44,100                   1,700


TOTAL HEALTH AND HUMAN SERVICES

     Current                                                 962,177               1,102,204             1,033,808                  68,396

     Capital expenditures                                      56,000                 61,300                61,250                       50



COMMUNITY AND ECONOMIC DEVELOPMENT

AGRICULTURAL EXTENSION SERVICE
  Salaries:
     Agricultural agent                                        23,463                 23,463                23,463
     FCS agent                                                 23,463                 23,463                23,463
     4-H agent                                                 23,463                 23,463                23,463
     Health educator                                           23,463                 23,463                23,463
     Program assistant                                         29,494                 29,644                29,639                        5
     Secretaries                                               60,827                 60,847                60,840                        7
  Auto allowances                                              11,400                     11,400            11,400
  Fringe benefits                                              42,185                 41,765                39,247                    2,518
  Office supplies                                               4,540                      4,540                4,505                    35
  Demonstration supplies                                        1,400                      1,500                1,460                    40
  Telephone                                                     1,100                      1,100                  265                   835
  Travel and meetings:
     Agricultural agent                                         1,284                      1,284                1,284
     FCS agent                                                  1,284                      1,284                1,284
     4-H agent                                                  1,284                      1,284                1,284
     Health educator                                            1,284                      1,284                1,284
     Program assistant                                               856                   1,006                  958                    48
  Livestock show                                                2,568                      2,568                2,568
  Non-capital equipment                                         3,254                      3,254                3,254

     TOTAL AGRICULTURAL EXTENSION SERVICE                     256,612                256,612               253,124                    3,488

PARKS
  Salaries:
     Supervisor                                                 2,500                      1,539                1,539
  Fringe benefits                                                    441                    276                   260                    16
  Park maintenance                                                                           300                  295                     5
     Jumbo Evans park                                          45,000                     25,360                3,044                22,316
     Hidden Valley park                                        45,000                     26,901            12,391                   14,510
  Capital expenditures:
     Property improvements                                                                99,650            99,545                      105
     Buildings                                                                            39,540            39,537                        3

     TOTAL PARKS                                               92,941                 193,566              156,611                   36,955


COMMUNITY PROMOTION
  Comal Co. Historical Commission                                   1,200                  1,200                1,200

     TOTAL COMMUNITY PROMOTION                                      1,200                  1,200                1,200


TOTAL COMMUNITY AND ECONOMIC DEVELOPMENT

 Current                                                      350,753                 312,188              271,853                   40,335

      Capital expenditures                                                            139,190              139,082                      108


                                                                                                                                (Continued)
                                                      COMAL COUNTY, TEXAS

                                                         GENERAL FUND

                                         SCHEDULE OF REVENUES, EXPENDITURES AND

                                  CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                               For the Year Ended December 31,2007




EXPENDITURES:                                                     Budgeted Amounts
                                                                                                                           Variance with Final
                                                                                                          Actual
                                                                                                                            Budget - Positive
                                                            Original                 Final                Amounts              (Negative)

INFRASTRUCTURE AND ENVIRONMENTAL SERVICES

RECYCLING
  Salaries                                             $         182,200       $        176,400       $       173,589      $           2,811
  Fringe benefits                                                 72,417                 72,417                62,859                  9,558
  Office supplies                                                       300                    500                  454                   46
  Gas and oil                                                     20,000                 25,500                25,406                     94
  Telephone (office and mobile)                                         500                    600                  400                  200
  EqUipment maintenance                                           25,000                 25,000                25,000
  Vehicle maintenance                                             15,000                 15,000                12,724                  2,276
  Mobile communications                                                  50                     50                                        50
  Utilities                                                         3,500                    3,500                 2,991                 509
  EqUipment supplies                                              15,000                 15,000                14,292                    708
  Uniforms                                                          1,800                    1,800                 1,647                 153
  Dues and licenses                                                     250                    250                                       250

      TOTAL RECYCLING                                            336,017                336,017               319,362                 16,655


ENVIRONMENTAL SERVICES
  Soil Conservation Service                                         2,000                    2,000                 2,000

      TOTAL ENVIRONMENTAL SERVICES                                  2,000                    2,000                 2,000


TRANSPORTATION SERVICES
  Comal County Public Transportation                                3,032                    3,032                                     3,032

      TOTAL TRANSPORTATION SERVICES                                 3,032                    3,032                                      3,032


TOTAL INFRASTRUCTURE AND ENVIRONMENTAL SERVICES

      Current                                                    341,049                341,049               321,362                 19,687




GENERAL FUND EXPENDITURES

      Current                                                28,535,998              28,721,763             27,013,678             1,708,085

      Capital expenditures                                       930,296              1,126,385              1,117,182                  9,203


      TOTAL GENERAL FUND EXPENDITURES                         29,466,294             29,848,148             28,130,860             1,717,288


EXCESS (DEFICIl) OF REVENUES
  OVER EXPENDITURES                                            1,115,594                733,740              3,706,142             2,972,402


OTHER FINANCING SOURCES (USES):
  Transfers from other funds                                           5,000             160,775              160,775

  Sale of capital assets                                          20,000                     20,000             32,422                 12,422
  Transfers to other funds                                                               (46,679)              (46,679)

TOTAL OTHER FINANCING SOURCES AND (USES)                          25,000                 134,096              146,518                  12,422

EXCESS (DEFICIl) OF REVENUES
  OVER EXPENDITURES AND OTHER
  FINANCING SOURCES (USES)                                     1,140,594                 867,836             3,852,660              2,984,824


FUND BALANCES, January 1                                       6,651,483              6,651,483              6,651,483


FUND BALANCES, December 31                              $      7,792,077       $      7,519,319       $     10,504,143     $        2,984,824




                                                              59

                                                    COMAL COUNTY, TEXAS

                                                   ROAD AND BRIDGE FUND

                                       SCHEDULE OF REVENUES, EXPENDITURES AND

                                CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                             For the Year Ended December 31,2007




REVENUES:                                                        Budgeted Amounts
                                                                                                                           Variance with Final
                                                                                                          Actual
                                                                                                                            Budget - Positive
                                                          Original                  Final                Amounts               (Negative)

GENERAL REVENUES:

Ad valorem taxes:
   Current                                            $     3,610,505      $         3,610,505       $      3,238,224      $        (372,281)
   Delinquent                                                    55,000                 55,000               325,154                 270,154
   Penalty and interest                                          35,000                 35,000                 45,176                 10,176

TOTAL AD VALOREM TAXES                                      3,700,505                3,700,505              3,608,554                (91,951)


Auto Registration and TItle:
   Auto registration - State                                 1,100,000               1,100,000              1,204,162                104,162
   Auto registration - County                                 900,000                  900,000              1,029,194                129,194
   Certificate of title                                       120,000                  120,000                145,403                 25,403
   Gross axle and weight fees                                                                                  35,322                 35,322
TOTAL AUTO REGISTRATION
  AND TITLE                                                 2,120,000                2,120,000              2,414,081                294,081


Interest on deposit                                            255,000                 255,000                330,539                 75,539

Miscellaneous revenues                                           20,000                 20,000                 23,969                  3,969

TOTAL GENERAL REVENUES                                       6,095,505               6,095,505              6,377,143                281,638




PROGRAM REVENUES:
Charges for services:
   Subdivision platting fees                                   155,000                 155,000                119,080                 (35,920)
   Road assessments                                              56,000                 56,000                 57,060                   1,060
   Road crossing fees                                             6,000                      6,000                 7,582                1,582
   Signage fees                                                  12,000                     12,000             13,913                   1,913
   Mechanic reimbursements                                     100,000                 100,000                 72,734                 (27,266)
   State surplus                                                                                               44,947                 44,947

TOTAL CHARGES FOR SERVICES                                     329,000                 329,000                315,316                 (13,684)

TOTAL PROGRAM REVENUES                                         329,000                 329,000                315,316                 (13,684)



TOTAL REVENUES                                               6,424,505               6,424,505              6,692,459                267,954




                                                                                                                                  (Continued)
                                                            60
                    COMAL COUNTY, TEXAS

                   ROAD AND BRIDGE FUND

       SCHEDULE OF REVENUES, EXPENDITURES AND

CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

             For the Year Ended December 31, 2007

62

                                                              COMAL COUNTY, TEXAS
                                                           2007 CAPITAL PROJECTS FUND
                                                  SCHEDULE OF REVENUES, EXPENDITURES AND
                                                CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
                                               From Inception and for the Year Ended December 31,2007

                                                                    PROJECT             PRIOR               CURRENT             TOTAL TO

                                                               AUTHORIZATION            YEARS                YEAR                DATE

REVENUES:

PROGRAM REVENUES:

Interest on deposits                                            $                   $                   $       289,327     $       289,327

TOTAL PROGRAM REVENUES                                                                                          289,327             289,327


TOTAL REVENUES                                                                                                  289,327             289,327




EXPENDITURES:

Capital Outlay:
  J.P. #3 building expansion                                            375,000
  Land acquisition for parks                                            162,341                                 165,191             165,191
  SH46 TxDOT pass through right of way                                  200,000                                 150,000             150,000
  Schwab Road realignment                                               350,000                                 350,000             350,000
  Justice center                                                      6,000,000
  Land acquisition for conservation - Morton Tract                      333,000                                 118,700             118,700
  Livestock bam at Extension facility                                   100,000
  Courthouse restoration                                              6,000,000           734,744                   (902)           733,842
  Dry Comal flood retarding structure                                 5,000,000           254,712                25,755             280,467
  Professional fees for above projects                                1,625,000                                  78,486              78,486


TOTAL EXPENDITURES                                                   20,145,341            989,456              887,230            1,876,686


EXCESS (DEFICIENCY) OF REVENUES
  OVER (UNDER) EXPENDITURES                                          (20,145,341)         (989,456)             (597,903)         (1,587,359)


OTHER FINANCING SOURCES (USES):
  Bond proceeds, net                                                 20,350,558                               19,896,145          19,896,145
  Bond proceeds, premium                                                170,558                                 303,855             303,855


TOTAL OTHER FINANCING SOURCES (USES)                                 20,521,116                               20,200,000          20,200,000


EXCESS (DEFICIENCY) OF REVENUES AND OTHER
  FINANCING SOURCES OVER (UNDER) EXPENDITURES
  AND OTHER FINANCING USES                                      $       375,775     $     (989,456)           19,602,097    $     18,612,641


FUND BALANCE, January 1                                                                                         (834,539)


FUND BALANCE, December 31                                                                               $     18,767,558




                                                                          63
(THIS PAGE INTENTIONALLY LEFT BLANK)

   COMAL COUNTY, TEXAS

     COMPREHENSIVE

 ANNUAL FINANCIAL REPORT

            2007





COMBINING AND INDIVIDUAL FUND

 STATEMENTS AND SCHEDULES

                                    COMAL COUNTY, TEXAS

                                PURPOSES OF NONMAJOR FUNDS

                                         Decernber31,2007


                             BUDGETED SPECIAL REVENUE FUNDS
Jury Fund
   The Jury Fund is used to account for salaries of court reporters and payments to jurors in the
   various courts ofthe county.

Land Acquisition Fund
   The Land Acquisition Fund is used to account for the expenditures associated with acquiring
   property for right of ways in the course of constructing and maintaining county roads and
   bridges and for acquiring land as part of the Federal Hazard Mitigation Buy-Out Program.
   Transfers from the General Fund and the Farm to Market and Lateral Roads Fund provide the
   principal source of funds for the Land Acquisition Fund.

Flood Control Operating Fund
   The Flood Control Operating Fund is used to account for the expenditures associated with
   repairing and maintaining low water crossings damaged by flooding. The principal source of
   funds for the Flood Control Operating Fund is the interest earned on deposits.

Law Library Fund
   This fund is used to account for the receipts and expenditures of fees used to maintain a library
   of judicial reference materials.

Household Hazardous Waste
   This fund is    used to account for monies received from the cities located within the county for
   the purpose     of assisting the county in holding an annual cleanup day where county residents
   may turn in     hazardous household items in order to prevent these items from ending up in a
   landfill. The   county contributes sufficient funds to cover any deficiencies.

Indigent Health Care Fund
   The Indigent Health Care Fund is used to account for direct care expenses of providing health
   care to indigents under the mandated program. The county is required to spend 10% of its
   General Revenue Tax Levy on eligible direct expenses before receiving assistance from the
   state for indigent health care.

Child Safety Fund
    This fund is used to account for money collected on motor vehicle registrations and is to be
    used for the payment of school crossing guards.

County Clerk's Records Preservation Funds
    The County Clerk's Records Preservation Fund is used to account for receipts and
    disbursements relating to the County Clerk's records management and preservation program
    established by the State legislature.

County Records Preservation Funds
    The County Records Preservation Fund is used to account for receipts and disbursements
    relating to the county's records management and preservation program. This program is under
    the direction of the County Clerk but is a separate program established by the State legislature
    and must be maintained separately.




                                                 64
                                  COMAL COUNTY, TEXAS

                              PURPOSES OF NONMAJOR FUNDS

                                    December 31, 2007



District Clerk's Records Preservation Funds
   The District Clerk's Records Preservation Fund is used to account for receipts and
   disbursements relating to the District Clerk's records preservation program established by the
   State legislature.

County Archives Funds
    The County Archives Fund is used to account for receipts and disbursements relating to the
    archiving of the county's records. This program is under the direction of the County Clerk but is
    a separate program established by the State legislature and must be maintained separately.

Vital Records Preservation Funds
   The Vital Records Preservation Fund is used to account for receipts and disbursements relating
   to the management and preservation of the county's vital records. This program is under the
   direction of the County Clerk but is a separate program established by the State legislature and
   must be maintained separately.

Courthouse Security Fund
    This fund was used to account for fees collected on court cases and disbursements made to
    provide for courthouse security. This fund has been rolled into the General Fund since the fees
    are insufficient to fund the activities associated with courthouse security.

Recycling Grants
    This fund is used to account for money from grants that are for the purchase of equipment for
    the county's recycling program.

Environmental Enforcement Grants
    This fund is used to account for money from grants that are for the purchase of equipment for
    the county's environmental enforcement program.

Juvenile Case Manager Fund
    This fund is used to account for fees collected on court cases and disbursements made to
    provide for the monitoring of juvenile offenders in Justice of the Peace court cases.

County Court-At-Law Records Management Fund
    The County Court-at-Law's Records Preservation Fund is used to account for receipts and
    disbursements relating to the County Court-at-Law's records preservation program established
    by the State legislature.

Texas Juvenile Probation Commission Community Corrections Assistance
    This fund is used to account for funds received from the Texas Juvenile Probation Commission
    for the purpose of reducing commitments of juveniles to the Texas Youth Commission.

Texas Juvenile Probation Commission Juvenile Title IV-E Program
    This fund is used to account for funds received from the Texas Juvenile Probation Commission
    for the reimbursement of foster care of eligible juvenile probation children and for
    administrative costs related to administering the Title IV-E Program.




                                                 65
                                 COMAL COUNTY, TEXAS

                             PURPOSES OF NONMAJOR FUNDS

                                   December 31,2007



Texas Juvenile Probation Commission State Aid Grant
   State aid funds are received from the Texas Juvenile Probation Commission to provide juvenile
   probation services. The commission provides these funds to be used for staff services, non­
   residential services, and residential services.

Texas Youth Commission Juvenile Parole Services Program
   This fund is used to account for funds received under the contract between the Texas Youth
   Commission and the Comal County Juvenile Board for parole services to juveniles.

Texas Juvenile Probation Commission Progressive Sanctions "F"
   This fund is used to account for funds received from the Texas Juvenile Probation Commission
   for the salaries of juvenile probation officers.

Texas Juvenile Probation Commission Progressive Sanctions "G"
   This fund is used to account for funds received from the Texas Juvenile Probation Commission
   for the salaries of juvenile probation officers.

Texas Juvenile Probation Commission Salary Adjustment "Z"
   This fund is used to account for funds received from the Texas Juvenile Probation Commission
   for the purpose of adjusting the salaries of juvenile detention officers based on their level of
   certification.

Texas Juvenile Probation Commission Intensive Community Program "X"
   This fund is used to account for funds received from the Texas Juvenile Probation Commission
   for the purpose of counseling and electronic monitoring in order to allow juveniles to remain in
   the community.

Texas Department of State Health Services Immunization Grant
    This fund is used to account for funds received from the Texas Department of State Health
    Services for the implementation of immunization program to prevent, control, and eradicate
    vaccine-preventable disease in all populations, with special emphasis on children two years old
    or younger.

Texas Department of State Health Services Homeland Security Grant
    This fund is used to account for funds received from the Texas Department of State Health
    Services for the implementation of the County's Centers for Disease Control and Prevention
    project, Public Health preparedness and Response for Bioterrorism.

Bureau of Justice Law Enforcement Block Grant
    This fund is used to account for funds received from the Bureau of Justice Assistance for the
    purpose of providing local government with funds to underwrite projects to reduce crime and
    improve public safety. The program allows jurisdictions to fund criminal justice initiatives in
    the following seven purpose areas: supporting law enforcement; enhancing security measures;
    establishing or supporting drug courts; enhancing the adjudication of cases involving violent
    offenders; establishing multi-jurisdictional task forces; establishing community crime
    prevention programs; and indemnification insurance.




                                                66
                                  COMAL COUNTY, TEXAS

                              PURPOSES OF NONMAJOR FUNDS

                                    December 31, 2007



Texas Engineering Extension Service (TEEX) State Homeland Security Grant
    This fund is used to account for funds received in accordance with the Law Enforcement
    Terrorism Prevention Program (LETPP) and the Texas 2004 State Homeland Security LETPP
    programs for participation in the Alamo Area Council of Governments (AACOG) Regional Mutual
    Aid Program, maintaining an emergency management plan, providing in-house training on WMD
    Awareness, and procuring equipment for responders.


Texas Engineering Extension Service (TEEX) State Homeland Security Grant - GDEM·UASI 06
    This fund is used to account for funds received in accordance with programs for participation in
    the Alamo Area Council of Governments (AACOG) Regional Mutual Aid Program, maintaining an
    emergency management plan, providing in-house training on WMD Awareness, and procuring
    equipment for responders.


Regional Habitat Conservation Plan
    This fund is used to account for funds received in accordance with the development of a habitat
    conservation plan for the County in order to protect endangered species and set aside open
    space land.


Criminal Justice Division Mobile Data Equipment Grant
    This fund is used to account for funds received for the purchase of mobile data terminals for
    law enforcement vehicles.



                            UNBUDGETED SPECIAL REVENUE FUNDS

Health Department Services
    This fund is used to account for the grants from private organizations to be used for
    immunizations of the elderly, youths, and paupers.

Criminal District Attorney Hot Check Fund
    Funds deposited in this account are from fees collected due to the prosecution of bad checks
    and are used for certain law enforcement purposes.

Sheriff's Forfeiture Fund
    The funds deposited in this account are obtained through criminal asset forfeitures as stated in
    the Texas Legislative House Bill Number 1185 and is used for certain law enforcement
    purposes.

Sheriff's Federal Asset Sharing Fund
    The funds deposited in this account are obtained through criminal asset forfeitures on federal
    cases the Sheriff's office has assisted with and is used for certain law enforcement purposes.

Sheriff's Training Schools Fund
    This fund is used to account for revenues and expenditures of the Sheriff's Office training
    program for County and other law enforcement agencies.




                                                 67
                                  COMAL COUNTY, TEXAS

                              PURPOSES OF NONMAJOR FUNDS

                                    December 31,2007



Jail Commissary Fund
    This fund is used to account for the profits received from the Inmate Commissary fund. The
    revenues in this fund must be used for the benefit of the inmates.

Election Services Contract Fund
    This fund is used to account for funds collected from other entities for the purpose of providing
    equipment and personnel for elections.

Comal County Juvenile Board I Probation Fees
    This fund is used to account for fees collected from parents of juveniles who are incarcerated in
    various institutions. These fees are to be used at the discretion of the Juvenile Board.

District Clerk's A.G. Child Support Fund
    This fund is used to account for money received on a contract with the Texas Attorney General
    for entering information pertaining to child support orders in to the OAG State Disbursement
    Unit computer system.

Justice Court Technology Fund
    This fund is used to account for money collected on misdemeanor offenses in justice courts.
    The money is to be used for the purchase of technological enhancements for justice courts.

Constables' Forfeiture Fund
    This fund is used to account for funds received by the Constable's obtained through criminal
    asset forfeitures as stated in the Texas Legislative House Hill Number 1185. Expenditures from
    this fund are used for certain law enforcement purposes at the discretion of the individual
    Constable receiving the forfeiture.

Probate Education Fund
    This fund is used to account for fees collected for the continuing education of the County Judge
    and County Clerk concerning probate matters.

Criminal District Attorney Forfeiture Fund
    This fund is used to account for funds received by the Criminal District Attorney's office for
    funds obtained through criminal asset forfeitures as stated in the Texas Legislative House Bill
    Number 1185. Expenditures from this fund are at the discretion of the District Attorney.

Justice of the Peace Court Security Fund
    This fund is used to account for fees collected on court cases and disbursements made to
    provide for court security in the Justice of the Peace courts.




                                                68
                                                                                  COMAL COUNTY, TEXAS
                                                                                COMBINING BALANCE SHEET
                                                                          NONMAJOR GOVERNMENTAL FUNDS
                                                                                December 31,2007
                                                                                            BUDGETED SPECIAL REVENUE FUNDS


                                                                                                                               HOUSEHOLD
                                                                     LAND           FLOOD CONTROL                              HAZARDOUS       INDIGENT HEALTH       CHILD SAFETY
                                               JURY FUND          ACQUISITION         OPERATING          LAW LIBRARY             WASTE              CARE                 FUND

     ASSETS
     Current assets:
       Cash and cash equivalents           $        450,100   $         341,209     $      101,309   $         274,891     $           336     $       909,822   $         140,373
       Receivables:
          Current ad valorem taxes                  428,075                     -            4,283                     -                   -           856,175
          Delinquent ad valorem taxes                15,780                     -              244                                                      48,774
          Miscellaneous

          Total Current assets:                     893,955             341,209            105,836             274,891                336            1,814,771             140,373

            Total assets                   $        893,955   $         341,209     $      105,836   $         274,891     $          336      $     1,814,771   $         140,373


     LIABILITIES AND FUND BALANCES
aI   Current liabilities:
CD
       Accounts payable - trade            $          8,554   $                 ­   $            ­   $             696     $          336      $         1,981   $              22
       Accrued interest payable
       Uneamed revenues                             794,801                     -            8,644                     -                   -         1,603,785
       Due to other agencies
       Due to other funds                            12,142                                      -                 148                     -                                 1,691
          Total Current liabilities:                815,497                                  8,644                 844                336            1,605,766               1,713

            Total liabilities                       815,497                     -            8,644                 844                336            1,605,766               1,713


     Fund balances:
       Reserved for:
          Encumbrances
          Debt service
          Special revenue funds
       Unreserved, reported in
         Special revenue funds                       78,458             341,209             97,192             274,047                     -           209,005             138,660
          Total fund balances                        78,458             341,209             97,192             274,047                                 209,005             138,660

     Total liabilities and fund balances   $        893,955   $         341,209     $      105,836   $         274,891     $          336      $     1,814,771   $         140,373
                                                                                    COMAL COUNTY, TEXAS

                                                                                  COMBINING BALANCE SHEET

                                                                           NONMAJORGOVERNMENTALFUNDS

                                                                                 December 31,2007

                                                                                               BUDGETED SPECIAL REVENUE FUNDS

                                                                                     DISTRICT CLERK'S
                                              COUNTY CLERK'S          COUNTY             RECORDS                         VITAL RECORDS                                   RURAL
                                                 RECORDS             RECORDS          PRESERVATION         COUNTY        PRESERVATION         COURTHOUSE               RECYCLING
                                               PRESERVATION        PRESERVATION            FUND         ARCHIVES FUND         FUND             SECURITY                 GRANTS

        ASSETS
        Current assets:
          Cash and cash equivalents           $      322,137   $         169,374     $         29,483   $      736,048   $       24,351   $                -       $
           Receivables:
             Current ad valorem taxes
             Delinquent ad valorem taxes
             Miscellaneous

             Total Current assets:                   322,137             169,374              29,483           736,048           24,351
                                                                                                                                                               -
                Total assets                  $      322,137   $         169,374     $        29,483    $      736,048   $       24,351   $                        $


        LIABILITIES AND FUND BALANCES
.....
Q
        Current liabilities:
          Accounts payable - trade            $       36,894   $                     $                  $           12   $          935   $                        $
          Accrued interest payable
          Uneamed revenues
          Due to other agencies
          Due to other funds                           1,881                                        -             974

             Total Current liabilities:               38,775                                                      986              935

                Total liabilities                     38,775                                        -             986              935


        Fund balances:
          Reserved for:
             Encumbrances
             Debt service
             Special revenue funds
          Unreserved, reported in
             Special revenue funds                   283,362             169,374              29,483           735,062           23,416

             Total fund balances                     283,362             169,374              29,483           735,062           23,416

        Total liabilities and fund balances   $      322,137   $         169,374     $        29,483    $      736,048   $       24,351   $                -       $
                                                                                COMAL COUNTY, TEXAS
                                                                              COMBINING BALANCE SHEET
                                                                       NONMAJOR GOVERNMENTAL FUNDS
                                                                                     December 31,2007
                                                                                           BUDGETED SPECIAL REVENUE FUNDS
                                                                                                   TEXAS JUVENILE    TEXAS JUVENILE                        TEXAS YOUTH
                                                                                                      PROBATION        PROBATION       TEXAS JUVENILE      COMMISSION
                                             ENVIRONMENTAL                        COUNTY COURT-      COMMISSION       COMMISSION         PROBATION       JUVENILE PAROLE
                                              ENFORCEMENT     JUVENILE CASE      AT-LAW RECORDS      COMMUNITY        JUVENILE IV-E      COMMISSION          SERVICE
                                                 GRANTS         MANAGER            MANAGEMENT       CORRECTIONS         PROGRAM        STATE AID GRANT      PROGRAM

       ASSETS
       Current assets:
         Cash and cash equivalents           $            -   $       74,639     $          5,739   $       67,932   $       186,773   $        16,987   $        48,471
         Receivables:
           Current ad valorem taxes
            Delinquent ad valorem taxes
            Miscellaneous                            29,210
            Total Current assets:                    29,210           74,639                5,739           67,932          186,773             16,987            48,471

               Total assets                  $       29,210   $       74,639     $          5,739   $       67,932   $      186,773    $        16,987   $        48,471


       LIABILITIES AND FUND BALANCES
...
-...   Current liabilities:
         Accounts payable - trade            $       29,210   $          50      $                  $        6,300   $         4,821   $           40    $         3,392
         Accrued interest payable
         Unearned revenues
         Due to other agencies
         Due to other funds                               -            1,392                                     -             4,879             3,074
            Total Current liabilities:               29,210            1,442                    -            6,300             9,700             3,114             3,392

              Total liabilities                      29,210            1,442                    -            6,300             9,700             3,114             3,392


       Fund balances:
         Reserved for:
           Encumbrances
           Debt service
           Special revenue funds                          -           73,197                5,739          61,632           177,073             13,873            45,079
         Unreserved, reported in
           Special revenue funds
            Total fund balances                           -           73,197                5,739          61,632           177,073             13,873            45,079

       Total liabilities and fund balances   $       29,210   $       74,639     $          5,739   $      67,932    $      186,773    $        16,987   $        48,471
                                                                               COMAL COUNTY, TEXAS
                                                                             COMBINING BALANCE SHEET
                                                                         NONMAJOR GOVERNMENTAL FUNDS
                                                                                     December 31,2007
                                                                                          BUDGETED SPECIAL REVENUE FUNDS
                                               TEXAS JUVENILE   TEXAS JUVENILE   TEXAS JUVENILE   TEXAS JUVENILE    DEPARTMENT OF     DEPARTMENT OF
                                                 PROBATION         PROBATION       PROBATION        PROBATION        STATE HEALTH      STATE HEALTH          BUREAU OF
                                                 COMMISSION       COMMISSION      COMMISSION       COMMISSION          SERVICES          SERVICES           JUSTICE LAW
                                                PROGRESSIVE      PROGRESSIVE        SALARY          COMMUNITY        IMMUNIZATION       HOMELAND           ENFORCEMENT
                                                SANCTIONS "F"    SANCTIONS "G"   ADJUSTMENT "Z"    PROGRAM "X"          GRANT         SECURITY GRANT       BLOCK GRANT

         ASSETS
         Current assets:
            Cash and cash equivalents          $       11,954   $        5,511   $          1,449   $      1,961    $            -    $            -   $
            Receivables:
              Current ad valorem taxes
              Delinquent ad valorem taxes
              Miscellaneous                                 -                -                  -              -           65,813             41,737               3,580
              Total Current assets:                    11,954            5,511              1,449          1,961           65,813             41,737               3,580

                 Total assets                  $       11,954   $        5,511   $          1,449   $      1,961    $      65,813     $       41,737   $           3,580


         LIABILITIES AND FUND BALANCES
......   Current liabilities:
N
           Accounts payable - trade            $           30   $           14   $             10   $      1,974    $      63,265     $       37,721   $           3,439
           Accrued interest payable
           Unearned revenues
           Due to other agencies
           Due to other funds                           1,934            1,066               759               -            8,275              2,833
              Total Current liabilities:                1,964            1,080                769          1,974           71,540             40,554               3,439

                 Total liabilities                      1,964            1,080                769          1,974           71,540             40,554               3,439


         Fund balances:
           Reserved for:
              Encumbrances                                                                                     -                                345
              Debt service
             Special revenue funds                      9,990            4,431               680               -                 -              838                 141
           Unreserved, reported in
              Special revenue funds                         -                                                (13)           (5,727)
              Total fund balances                       9,990            4,431               680             (13)           (5,727)            1,183                141

         Total liabilities and fund balances   $       11,954   $        5,511   $          1,449   $      1,961    $      65,813     $       41,737   $           3,580
                                                                                 COMAL COUNTY, TEXAS
                                                                               COMBINING BALANCE SHEET
                                                                           NONMAJOR GOVERNMENTAL FUNDS
                                                                                       December 31,2007
                                                                 BUDGETED SPECIAL REVENUE FUNDS                                     UNBUDGETED SPECIAL REVENUE FUNDS

                                                                                     REGIONAL           CRIMINAL JUSTICE
                                                                 TEEX HOMELAND        HABITAT            DIVISION MOBILE         HEALTH                               SHERIFF'S
                                               TEEX HOMELAND        SECURITY       CONSERVATION         DATA EQUIPMENT         DEPARTMENT       C.DA HOT CHECK       FORFEITURE
                                                  SECURITY        GDEM - UASI 06       PLAN                   GRANT             SERVICES             FUND               FUND

         ASSETS
         Current assets:
           Cash and cash equivalents           $            -    $             -   $                    $             -    $         73,379     $       21,545   $        187,124
           Receivables:
              Current ad valorem taxes
              Delinquent ad valorem taxes
              Miscellaneous                           410,203            289,581              72,650

              Total Current assets:                   410,203            289,581              72,650                  -              73,379             21,545            187,124

                Total assets                   $      410,203    $       289,581   $          72,650    $             -    $         73,379     $       21,545   $        187,124


         LIABILITIES AND FUND BALANCES
......   Current liabilities:
Co»
           Accounts payable - trade            $      409,688    $       289,581   $          75,740    $             -    $          9,006     $        3,243   $
           Accrued interest payable
           Unearned revenues                                -                                                         -                     -                -              4,258
           Due to other agencies
           Due to other funds                            515

              Total Current liabilities:              410,203            289,581             75,740                                   9,006              3,243              4,258

                Total liabilities                     410,203            289,581             75,740                   -               9,006              3,243              4,258


         Fund balances:
           Reserved for:
             Encumbrances                               1,419
             Debt service
             Special revenue funds
           Unreserved, reported in
             Special revenue funds                     (1,419)                                (3,090)                 -              64,373             18,302            182,866

              Total fund balances                                                             (3,090)                 -              64,373             18,302            182,866

         Total liabilities and fund balances   $      410,203    $       289,581   $         72,650     $             -    $         73,379     $       21,545   $        187,124
                                                                                 COMAL COUNTY, TEXAS
                                                                             COMBINING BALANCE SHEET
                                                                        NONMAJORGOVERNMENTALFUNDS
                                                                              December 31, 2007
                                                                                          UNBUDGETED SPECIAL REVENUE FUNDS


                                              SHERIFF'S          SHERIFF'S                                              COMAL COUNTY      DISTRICT CLERK'S   JUSTICE COURT
                                            FEDERAL ASSET        TRAINING                               ELECTION       JUVENILE BOARD I      A. G. CHILD      TECHNOLOGY
                                            SHARING FUND         SCHOOLS          JAIL COMMISSARY       SERVICES       PROBATION FEES      SUPPORT FUND          FUND

      ASSETS
      Current assets:
        Cash and cash equivalents           $       67,339   $           747      $        89,748   $        28,831    $        155,814   $        11,563    $      300,383
        Receivables:
           Current ad valorem taxes
           Delinquent ad valorem taxes
           Miscellaneous                                 -                   -              4,965             1,291             10,451
           Total Current assets:                    67,339               747               94,713            30,122            166,265             11,563           300,383

              Total assets                  $       67,339   $           747      $        94,713   $        30,122    $       166,265    $        11,563    $      300,383


      LIABILITIES AND FUND BALANCES
      Current liabilities:
"""
".,
        Accounts payable - trade            $         665    $               -    $         4,025   $              ­   $        47,647    $             ­    $         408
        Accrued interest payable
        Unearned revenues
        Due to other agencies
        Due to other funds                               -                   -                  -                  -              1,394
           Total Current liabilities:                 665                                   4,025                  -            49,041                  -              408

             Total liabilities                        665                    -              4,025                               49,041                                 408


      Fund balances:
        Reserved for:
          Encumbrances
          Debt service
          Special revenue funds
        Unreserved, reported in
          Special revenue funds                     66,674               747               90,688            30,122            117,224             11,563           299,975
           Total fund balances                      66,674               747               90,688            30,122            117,224             11,563           299,975

      Total liabilities and fund balances   $       67,339   $           747      $        94,713   $        30,122    $       166,265    $        11,563    $      300,383
                                                                                    COMAL COUNTY, TEXAS
                                                                                  COMBINING BALANCE SHEET
                                                                              NONMAJOR GOVERNMENTAL FUNDS
                                                                                          December 31, 2007
                                                                    UNBUDGETED SPECIAL REVENUE FUNDS

                                                                                            CRIMINAL                             TOTAL
                                                  CONSTABLES'                               DISTRICT        JUSTICE OF THE     NONMAJOR
                                                  FORFEITURE           PROBATE             ATTORNEY'S        PEACE COURT        SPECIAL
                                                     FUND           EDUCATION FUND        FORFEITURES       SECURITY FUND    REVENUE FUNDS         DEBT SERVICE           TOTALS

        ASSETS
        Current assets:
          Cash and cash equivalents           $            788      $         3,356   $          42,572     $       22,789   $     4,926,827   $        2,358,661     $     7,285,488
          Receivables:
            Current ad valorem taxes                            -                 -                     -                -         1,288,533            1,412,657           2,701,190
             Delinquent ad valorem taxes                        -                 -                     -                -            64,798               54,445             119,243
             Miscellaneous                                      -                 -                     -                            929,481                      -           929,481
             Total Current assets:                         788                3,356              42,572             22,789         7,209,639            3,825,763          11,035,402

               Total assets                   $            788      $         3,356   $          42,572     $       22,789   $     7,209,639   $        3,825,763     $    11,035,402


        LIABILITIES AND FUND BALANCES
.....   Current liabilities:
en        Accounts payable - trade            $                 -   $             -   $                 -   $                $     1,039,699   $                      $     1,039,699
          Accrued interest payable                              -                 -                                                                        94,953              94,953
          Uneamed revenues                                      -                 -                     -                         2,411,488             2,624,798           5,036,286
          Due to other agencies                                 -                 -                     6                -                6               468,272             468,278
          Due to other funds                                    -                 -                     -                -           42,957                       -            42,957
             Total Current liabilities:                         -                 -                     6                -        3,494,150             3,188,023           6,682,173

               Total liabilities                                -                                       6                -        3,494,150             3,188,023           6,682,173


        Fund balances:
          Reserved for:
            Encumbrances                                        -                 -                     -                             1,764                       -            1,764
            Debt service                                        -                 -                     -                                  -             637,740             637,740
            Special revenue funds                                                 -                     -                           392,673                       -          392,673
          Unreserved, reported in
            Special revenue funds                          788               3,356               42,566             22,789        3,321,052                       -         3,321,052
             Total fund balances                           788               3,356               42,566             22,789        3,715,489              637,740            4,353,229

        Total liabilities and fund balances   $            788      $        3,356    $          42,572     $       22,789   $    7,209,639    $        3,825,763     $    11,035,402
                                                                                   COMAL COUNTY, TEXAS
                                                      COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
                                                                            NONMAJOR GOVERNMENTAL FUNDS
                                                                            For the Year Ended December 31,2007
                                                                                                           BUDGETED SPECIAL REVENUE FUNDS



                                                                                                                                            HOUSEHOLD
                                                                                    LAND           FLOOD CONTROL                            HAZARDOUS       INDIGENT HEALTH           CHILD SAFETY
                                                             JURY FUND           ACQUISITION         OPERATING          LAW LIBRARY       WASTE PROGRAM          CARE                     FUND
       REVENUES
       Ad valorem taxes                                  $        402,950    $                     $        5,950   $                     $             -   $      1,260,832      $
       Fees of office                                                    -                     -                -              80,493
       Reimbursements                                                    -                                      -                                    136               9,951
       Charges for services                                        26,183                      -                -                                       -                     -              163,323
       Interest on deposits                                        13,839               15,624              4,732              12,410                   -            27,856                    4,925
       Operating grants and contributions                                                                       -                     -                 -           194,429
       Capital grants and contributions
       Asset forfeitures
         Total revenues                                           442,972               15,624             10,682              92,903                136           1,493,068                168,248

       EXPENDITURES
       Current:
         Community and economic developmentment                          -                     -                -              39,201
         Corrections and rehabilitation                                                                                                                                    -                138,103
         General government
'"'l
(I)
         Health and human services                                       -                     -                -                     -                            1,451,432
         Infrastructure and environment                                  -                                                            -           47,364
         Justice system                                           455,978
         Public safety
       Capital outlay
         General government
         Health and human services
         Infrastructure and environment
         Public safety
       Debt service:
         Administrative charges
         Interest
         Principal retirement
           Total expenditures                                     455,978                                       -              39,201             47,364          1,451,432                 138,103
           Excess (deficiency) of revenues over
           expenditures                                           (13,006)              15,624             10,682              53,702            (47,228)          _41,636                   30,145

       OTHER FINANCING SOURCES (USES)
       Transfers to other funds
       Transfers from other funds                                        -                     -                -                                 46.679
           Total other financing sources and (uses)                      -                     -                                      -           46,679
            Net change in fund balances                           (13,006)              15,624             10,682              53,702               (549)            41,636                  30,145
       Fund balances ­ beginning                                   91,464              325,585             86,510             220,345               549             167,369                 108,515
       Fund balances ­ ending                            $         78,458    $         341,209     $       97,192   $         274,047     $                 $       209,005       $         138,660
                                                                                      COMAL COUNTY, TEXAS
                                                       COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
                                                                             NONMAJOR GOVERNMENTAL FUNDS
                                                                             For the Year Ended December 31, 2007
                                                                                                      BUDGETED SPECIAL REVENUE FUNDS

                                                                                            DISTRICT CLERK'S
                                                          COUNTY CLERK'S       COUNTY           RECORDS                          VITAL RECORDS                                RURAL
                                                             RECORDS          RECORDS        PRESERVATION         COUNTY         PRESERVATION          COURTHOUSE           RECYCLING
                                                           PRESERVATION     PRESERVATION          FUND         ARCHIVES FUND          FUND              SECURITY             GRANTS
        REVENUES
        Ad valorem taxes                                  $                 $               $              -   $            -    $             -   $                    $
        Fees of office                                            266,560          46,359             7,789           265,136            10,752
        Reimbursements
        Charges for services
        Interest on deposits                                       14,722           7,147              1,229           31,133             1,247
        Operating grants and contributions
        Capital grants and contributions                                                                                    -                                       -             15,100
        Asset forfeitures
          Total revenues                                          281,282          53,506             9,018           296,269            11,999                                   15,100

        EXPENDITURES
        Current:
          Community and economic developmentment
          Corrections and rehabilitation
          General government                                     255,272            2,717             1,050           114,179            13,905
.....
.....     Health and human services
          Infrastructure and environment
          Justice system
          Public safety
        Capital outlay
          General government
          Health and human services
          Infrastructure and environment                                -                                  -                                  -                     -             15,100
          Public safety
        Debt service:
          Administrative charges
          Interest
          Principal retirement
            Total expenditures                                   255,272_           2,717             1,050           114,17!L           13,905                                   15,100
            Excess (deficiency) of revenues over
            expenditures                                          26,010           50,789             7,968           182,090            (1,906)

        OTHER FINANCING SOURCES (USES)
        Transfers to other funds                                        -               -                                                     -              (8,377)
        Transfers from other funds                                      -                                                   -                 -
            Total other financing sources and (uses)                                                                        -                 -              (8,377)
            Net change in fund balances                           26,010           50,789             7,968           182,090            (1,906)             (8,377)
        Fund balances ­ beginning                                257,352          118,585            21,515           552,972            25,322               8,377
        Fund balances ­ ending                           $       283,362    $     169,374   $        29,483    $      735,062    $       23,416    $                -   $
                                                                                     COMAL COUNTY, TEXAS
                                                      COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
                                                                               NONMAJOR GOVERNMENTAL FUNDS
                                                                              For the Year Ended December 31, 2007
                                                                                                        BUDGETED SPECIAL REVENUE FUNDS
                                                                                                                TEXAS JUVENILE    TEXAS JUVENILE                          TEXAS YOUTH
                                                                                                                  PROBATION         PROBATION         TEXAS JUVENILE      COMMISSION
                                                         ENVIRONMENTAL                         COUNTY COURT­      COMMISSION        COMMISSION          PROBATION       JUVENILE PAROLE
                                                          ENFORCEMENT     JUVENILE CASE       AT-LAW RECORDS      COMMUNITY        JUVENILE IV-E       COMMISSION            SERVICE
                                                             GRANTS         MANAGER             MANAGEMENT       CORRECTIONS         PROGRAM         STATE AID GRANT        PROGRAM
       REVENUES
       Ad valorem taxes                                  $                $                   $                 $                  $                 $                  $
       Fees of office                                                             55,644                2,899
       Reimbursements
       Charges for services
       Interest on deposits                                                               -               198
       Operating grants and contributions                         6,200                   -                             163,378            76,353            101,870             24,595
       Capital grants and contributions                          23,010
       Asset forfeitures
         Total revenues                                          29,210           55,644                3,097           163,378            76,353            101,870             24,595

       EXPENDITURES
       Current:
         Community and economic developmentment
         Corrections and rehabilitation                                                                     -           165,759           163,964            103,455             16,163
         General government
...,     Health and human services                                6,200
I»
         Infrastructure and environment
         Justice system                                               -           37,130
         Public safety
       Capital outlay
         General government
         Health and human services                               23,010
         Infrastructure and environment
         Public safety
       Debt service:
         Administrative charges
         Interest
         Principal retirement
           Total expenditures                                    29,210           37,130                    -           165,759           163,984            103,455             16,183
           Excess (deficiency) of revenues over
           expenditures                                                           18,514                3,097            (2,361)          (67,631)            (1,565)            6,412

       OTHER FINANCING SOURCES (USES)
       Transfers to other funds
       Transfers from other funds
           Total other financing sources and (uses)
            Net change in fund balances                                           18,514                3,097            (2,381)          (87,631)            (1,565)            8,412
       Fund balances ­ beginning                                                  54,683                2,642            64,013          264,704              15,456            36,667
       Fund balances - ending                            $                $       73,197      $         5,739   $        61,632    $      17'1,073   $        13,673    $       45,079
                                                                                          COMAL COUNTY, TEXAS
                                                         COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
                                                                                   NONMAJOR GOVERNMENTAL FUNDS
                                                                                   For the Year Ended December 31, 2007
                                                                                                            BUDGETED SPECIAL REVENUE FUNDS
                                                            TEXAS JUVENILE    TEXAS JUVENILE       TEXAS JUVENILE   TEXAS JUVENILE    DEPARTMENT OF     DEPARTMENT OF
                                                              PROBATION         PROBATION            PROBATION        PROBATION        STATE HEALTH      STATE HEALTH            BUREAU OF
                                                              COMMISSION        COMMISSION           COMMISSION       COMMISSION         SERVICES          SERVICES             JUSTICE LAW
                                                             PROGRESSIVE       PROGRESSIVE             SALARY         COMMUNITY        IMMUNIZATION       HOMELAND             ENFORCEMENT
                                                             SANCTIONS "F"     SANCTIONS "G"       ADJUSTMENT "Z"    PROGRAM "X"          GRANT         SECURITY GRANT         BLOCK GRANT
         REVENUES
         Ad valorem taxes                                   $             -   $                -   $                 $                $             -   $                  $
         Fees of office
         Reimbursements
         Charges for services                                             -                                     -                -            41,711
         Interest on deposits
         Operating grants and contributions                          71,925           29,828               20,266            7,276           240,463            154,908                5,454
         Capital grants and contributions
         Asset forfeitures
           Total revenues                                            71,925           29,828               20,266            7,276           282,174           154,908                 5,454

         EXPENDITURES

         Current:

           Community and economic developmentment
           Corrections and rehabilitation                           68,439            27,850               21,672            7,289
           General govemment
......
CD
           Health and human services                                      -                                                                  282,563
           Infrastructure and environment
           Justice system
           Public safety                                                  -                -                    -                                  -           157,454                 5,313
         Capital outlay
           General govemment
           Health and human services
           Infrastructure and environment
           Public safety
         Debt service:

           Administrative charges

           Interest

           Principal retirement

              Total expenditures                                    68,439            27,850               21,672            7,289           282,563           157,454                 5,313
              Excess (deficiency) of revenues over
              expenditu res                                          3,486             1,978               (1,406)             (13)             (389)            (2,546)                141

         OTHER FINANCING SOURCES (USES)
         Transfers to other funds
         Transfers from other funds
              Total other financing sources and (uses)
              Net change in fund balances                            3,486             1,978               (1,406)             (13)             (389)            (2,546)                141
         Fund balances - beginning
                                  6,504             2,453                2,086                -            (5,338)            3,729
         Fund balances -- ending
                           $        9,990    $        4,431       $         680     $         (13)   $       (5,727)   $        1,183     $            141
                                                                                    COMAL COUNTY, TEXAS

                                                       COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES

                                                                             NONMAJOR GOVERNMENTAL FUNDS

                                                                             For the Year Ended December 31,2007

                                                                           BUDGETED SPECIAL REVENUE FUNDS                                          UNBUDGETED SPECIAL REVENUE FUNDS

                                                                                                   REGIONAL        CRIMINAL JUSTICE
                                                                           TEEX HOMELAND            HABITAT         DIVISION MOBILE            HEALTH                                 SHERIFF'S
                                                          TEEX HOMELAND       SECURITY           CONSERVATION      DATA EQUIPMENT            DEPARTMENT       C.D.A. HOT CHECK       FORFEITURE
                                                             SECURITY       GDEM - UASI 06           PLAN                GRANT                SERVICES               FUND               FUND
       REVENUES
       Ad valorem taxes                                   $                $             -       $            -    $                 -   $                -   $                  $
       Fees of office
       Reimbursements
       Charges for services                                                                  -                                                    136,265              34,075
       Interest on deposits                                                                  -                                       -              1,937                 332               9,137
       Operating grants and contributions                        323,458           289,581              126,639             21,251
       Capital grants and contributions                          650,363
       Asset forfeitures                                                                                                             -                    -                 -               1,788
         Total revenues                                          973,821           289,581             126,639              21,251                138,202              34,407              10,925

       EXPENDITURES
       Current:
         Community and economic developmentment
         Corrections and rehabilitation
         General government
CllI
0
         Health and human services                                     -                                      -                                   118,549
         Infrastructure and environment                                                  -             129,729
         Justice system                                                                  -                    -                                                        21,809
         Public safety                                           370,302           289,581                    -             21,251                        -                 -               2,103
       Capital outlay
         General government
         Health and human services                                     -                                      -                                     5,966
         Infrastructure and environment
         Public safety                                           603,519
       Debt service:
         Administrative charges
         Interest
         Principal retirement
            Total expenditures                                   973,821           289,581             129,729              21,251                124,515              21,809               2,103
            Excess (deficiency) of revenues over
            expenditures                                               -                 -               (3,090)                 -                 13,687              12,598               8,822

       OTHER FINANCING SOURCES (USES)
       Transfers to other funds
       Transfers from other funds
            Total other financing sources and (uses)
            Net change in fund balances                                                                  (3,090)                 -                 13,687              12,598               8,822
       Fund balances ­   beginning                                     -                 -                    -                  -                 50,686               5,704             174,044
       Fund balances ­   ending                           $            -   $             -       $       (3,090)   $             -       $         64,373     $        18,302    $        182,866
                                                                                           COMAL COUNTY, TEXAS
                                                      COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
                                                                            NONMAJOR GOVERNMENTAL FUNDS

                                                                            For the Year Ended December 31,2007

                                                                                                        UNBUDGETED SPECIAL REVENUE FUNDS


                                                           SHERIFF'S           SHERIFF'S                                               COMALCOUNTY          DISTRICT CLERK'S   JUSTICE COURT
                                                         FEDERAL ASSET         TRAINING                               ELECTION        JUVENILE BOARD I         A. G. CHILD      TECHNOLOGY
                                                         SHARING FUND          SCHOOLS          JAIL COMMISSARY       SERVICES        PROBATION FEES         SUPPORT FUND           FUND
       REVENUES
       Ad valorem taxes                                  $                 $                -   $                 $               -   $                 ­   $             -    $
       Fees of office                                                                       -                                     -             35,344                  970            46,564
       Reimbursements                                                                       -                 -                                106,035
       Charges for services                                           -                                  20,044            17,607               11,896
       Interest on deposits                                       2,900                     -             5,005                                 22,616                  525            10,915
       Operating grants and contributions
       Capital grants and contributions
       Asset forfeitures                                         76,941
         Total revenues                                          79,841                                  25,049            17,607             175,891                 1,495            57,479

       EXPENDITURES
       Current:
         Community and economic developmentment
         Corrections and rehabilitation                                                     -            19,542                  -            143,941
         General government                                                                 -                 -            25,315
....
CD
         Health and human services
         Infrastructure and environment
         Justice system                                                                     -                 -                  -                   -                                 11,213
         Public safety                                           30,877
       Capital outlay
         General government
         Health and human services
         Infrastructure and environment
         Public safety                                           75,326
       Debt service:

         Administrative charges

         Interest

         Principal retirement

           Total expenditures                                   106,203                                  19,542            25,315             143,941                                  11,213
           Excess (deficiency) of revenues over
           expenditures                                         (26,362)                                  5,507             (7,708)            31,950                 1,495            46,266

       OTHER FINANCING SOURCES (USES)
       Transfers to other funds
       Transfers from other funds
           Total other financing sources and (uses)
            Net change in fund balances                         (26,362)                                  5,507             (7,708)            31,950                 1,495            46,266
       Fund balances - beginning                                 93,036                747               85,181            37,830              85,274                10,068           253,709
       Fund balances - ending                            $       §6,674    $           747      $        90,688   $        30,122     $       117,224       $        11,563    $      299,975
                                                                                   COMAL COUNTY, TEXAS
                                                      COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
                                                                            NONMAJOR GOVERNMENTAL FUNDS
                                                                            For the Year Ended December 31, 2007
                                                                               UNBUDGETED SPECIAL REVENUE FUNDS

                                                                                                        CRIMINAL
                                                             CONSTABLES'                                DISTRICT        JUSTICE OF THE    TOTAL NONMAJOR
                                                             FORFEITURE           PROBATE             ATTORNEY'S         PEACE COURT          SPECIAL
                                                                FUND           EDUCATION FUND         FORFEITURES       SECURITY FUND      REVENUE FUNDS        DEBT SERVICE            TOTALS
      REVENUES
      Ad valorem taxes                                   $                 -   $             -    $                     $             -   $     1,669,732   $        1,403,745      $     3,073,477
      Fees of office                                                       -             1,755                      -            10,729           830,994                       -           830,994
      Reimbursements                                                                                                                  -           116,122                       -           116,122
      Charges for services                                                 -                                        -                 -           451,104                       -           451,104
      Interest on deposits                                             37                  178                      -                             188,644               38,358              227,002
      Operating grants and contributions                                   -                                        -                 -         1,857,874                       -         1,857,874
      Capital grants and contributions                                                                                                -           688,473                       -           688,473
      Asset forfeitures                                                    -                 -               12,552                                91,281                       -            91,281
        Total revenues                                                 37                1,933               12,552              10,729         5,894,224            1,442,103            7,336,327

      EXPENDITURES
      Current:
        Community and economic developmentment                             -                 -                      -                 -            39,201                      -             39,201
        Corrections and rehabilitation                                     -                 -                                                    876,217                      -            876,217
        General govemment                                                  -                                        -                 -           412,438                      -            412,438
OCI
N
        Health and human services                                          -                                        -                 -         1,858,744                                 1,858,744
        Infrastructure and environment                                     -                                                          -           177,093                      -            177,093
        Justice system                                                                   2,175                2,528                               530,833                      -            530,833
        Public safety                                                                                                                             876,881                      -            876,881
      Capital outlay
        General govemment
        Health and human services                                          -                 -                                                    28,976                                    28,976
        Infrastructure and environment                                                       -                      -                             15,100                                    15,100
        Public safety                                                      -                 -                      -                 -          678,845                       -           678,845
      Debt service:
        Administrative charges                                             -                                                                            -                2,624                2,624
        Interest                                                                             -                      -                 -                 -              221,420              221,420
        Principal retirement                                               -                                                                            -            1,125,000            1,125,000
          Total expenditures                                               -             2,175                2,528                             5,494,328            1,349,044            6,843,372
          Excess (deficiency) of revenues over
          expenditures                                                 37                 (242)              10,024             10,729           399,896               93,059              492,955

      OTHER FINANCING SOURCES (USES)
      Transfers to other funds                                             -                                                          -           (8,377)                                    (8,377)
      Transfers from other funds                                           -                                                                      46,679                       -            46,679
           Total other financing sources and (uses)                        -                 -                      -                             38,302                                    38,302
           Net change in fund balances                                 37                 (242)              10,024             10,729           438,198               93,059              531,257
      Fund balances ­ beginning                                       751                3,598               32,542             12,060          3,277,291             544,681             3,821,972
      Fund balances - ending                             $            788      $         3,356    $          42,566     $       22,789    $     3,715,489   $         637,740       $     4,353,229
83

                                              COMAL COUNTY, TEXAS

                                                LAND ACQUISITION

                                    SCHEDULE OF REVENUES, EXPENDITURES AND

                            CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                        For the Year Ended December 31, 2007




                                                                 Budgeted Amounts                                       Variance with
                                                                                                                        Final Budget ­
                                                                                                      Actual
                                                                                                                           Positive
                                                         Original                   Final             Amounts             (Negative)
REVENUES:

GENERAL REVENUES:

Interest on deposit                                  $           11,000     $           11,000    $        15,624   $            4,624

TOTAL GENERAL REVENUES                                           11,000                 11,000             15,624                4,624


TOTAL REVENUES                                                   11,000                 11,000             15,624                4,624




EXPENDITURES:

MAINTENANCE AND OPERATIONS:
   Right-of-way purchase                                      3,145,000              3,145,000                               3,145,000

TOTAL MAINTENANCE AND
   OPERATIONS                                                 3,145,000              3,145,000                               3,145,000

TOTAL INFRASTRUCTURE AND
   ENVIRONMENTAL EXPENDITURES                                 3,145,000              3,145,000                               3,145,000

EXCESS (DE FICin OF REVENUES
   OVER EXPENDITURES                                          (3,134,000)           (3,134,000)            15,624            3,149,624


FUND BALANCE, January 1                                         325,585                325,585            325,585


FUND BALANCE, December 31                            $        (2,808,415)   $       (2,808,415)   $       341,209   $        3,149,624




                                                         84
                                                COMAL COUNTY, TEXAS

                                         FLOOD CONTROL OPERATING FUND

                                   SCHEDULE OF REVENUES, EXPENDITURES AND

                            CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                         For the Year Ended December 31, 2007




                                                              Budgeted Amounts                                               Variance with
                                                                                                                             Final BUdget-
                                                                                                       Actual
                                                                                                                                Positive
                                                        Original                 Final                 Amounts                 (Negative)
REVENUES:

GENERAL REVENUES:

Ad valorem taxes:
   Current                                          $          6,583       $
            6,583     $            5,911    $             (672)
   Delinquent                                                      100
                    100                    (42)                 (142)
   Penalty and interest                                             80
                     80                     81                        1
TOTAL AD VALOREM TAXES                                         6,763
                    6,763                  5,950                  (813)

Interest on deposit                                            3,000
                    3,000                  4,732                 1,732

TOTAL GENERAL REVENUES                                         9,763
                    9,763              10,682                     919


TOTAL REVENUES                                                 9,763                     9,763              10,682                     919




EXPENDITURES:

MAINTENANCE AND OPERATIONS:
   Maintenance                                                10,000                 10,000                                          10,000

TOTAL MAINTENANCE AND
   OPERATIONS                                                 10,000                 10,000                                          10,000

TOTAL INFRASTRUCTURE AND
   ENVIRONMENTAL EXPENDITURES                                 10,000                     10,000                                      10,000

EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                               (237)                   (237)            10,682                   10,919


FUND BALANCE, January 1                                       86,510
                    86,510             86,510


FUND BALANCE, December 31                           $         86,273       $
            86,273    $        97,192       $           10,919




                                                        85
                                                   COMAL COUNTY, TEXAS
                                                        LAW LIBRARY
                                         SCHEDULE OF REVENUES, EXPENDITURES AND

                                 CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                             For the Year Ended December 31, 2007




                                                                    Budgeted Amounts                                              Variance with
                                                                                                                                  Final Budget ­
                                                                                                             Actual
                                                                                                                                     Positive
                                                              Original                 Final                Amounts                 (Negative)

REVENUES:

GENERAL REVENUES:

Interest on deposit                                       $          7,700     $               7,700    $         12,410      $            4,710

TOTAL GENERAL REVENUES                                               7,700                     7,700              12,410                   4,710


PROGRAM REVENUES:

Fees of office                                                      70,000                 70,000                 80,493                  10,493

TOTAL PROGRAM REVENUES                                              70,000                 70,000                 80,493                  10,493


TOTAL REVENUES                                                      77,700                 77,700                 92,903                  15,203




EXPENDITURES:

COMMUNITY AND ECONOMIC DEVELOPMENT:
   Salary                                                            4,410                     4,410                  3,343                 1,067
   Fringe benefits                                                       778                     778                   526                   252
   Copier maintenance and supplies                                       500                     500                                         500
   Books and publications                                           31,000                     35,500             35,332                      168
   Equipment repairs                                                     500                     500                                         500
   Non-capital equipment                                             1,500                       275                                         275

TOTAL OPERATIONS EXPENDITURES                                       38,688                 41,963                 39,201                    2,762

TOTAL COMMUNITY AND
   ECONOMIC DEVELOPMENT                                             38,688                     41,963             39,201                    2,762


EXCESS (DEFICIT) OF REVENUES
    OVER EXPENDITURES                                               39,012                     35,737             53,702                   17,965


FUND BALANCE, January 1                                            220,345                220,345                220,345


FUND BALANCE, December 31                                 $        259,357     $          256,082       $        274,047      $            17,965




                                                              86
                                                          COMAL COUNTY, TEXAS

                                               HOUSEHOLD HAZARDOUS WASTE PROGRAM

                                             SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                   For the Year Ended December 31, 2007




                                                                         Budgeted Amounts                                                Variance with
                                                                                                                                         Final Budget ­
                                                                                                                   Actual
                                                                                                                                            Positive
                                                                   Original                 Final                 Amounts                  (Negative)

REVENUES:

GENERAL REVENUES:
Reimbursements                                                $	         11,500     $           11,500       $	              136     $          (11,364)

TOTAL GENERAL REVENUES                                                   11,500                 11,500                       136                (11,364)

PROGRAM REVENUES:

Operating grants and contributions:
   A.A.C.O.G. grant                                                      40,000                 40,000                                          (40,000)


TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                         40,000                 40,000                                          (40,000)



TOTAL PROGRAM REVENUES                                                   40,000                 40,000                                          (40,000)



TOTAL REVENUES                                                           51,500                 51,500                       136                 (51,364)





EXPENDITURES:

INFRASTRUCTURE AND ENVIRONMENTAL SERVICES:
  Volunteer costs                                                             350                     516                    515                          1
  Advertising and printing                                                3,200                      2,067                  2,065                         2
  Supplies                                                                    400                     121                    120                          1
  Disposal costs                                                         39,550                 44,502                  44,502
  Telephone                                                                    25
  Parts and repairs                                                           300                     162                    162

TOTAL INFRASTRUCTURE
  AND ENVIRONMENTAL SERVICES                                             43,825                     47,368              47,364                            4

EXCESS (DEFICIl) OF REVENUES
   OVER EXPENDITURES                                                      7,675                      4,132             (47,228)                  (51,368)


OTHER FINANCING SOURCES (USES):
   Transfers from other funds                                                                       46,679              46,679

TOTAL OTHER FINANCING SOURCES AND (USES)                                                            46,679              46,679


EXCESS (DEFICIl) OF REVENUES
   OVER EXPENDITURES AND OTHER
   FINANCING SOURCES (USES)                                               7,675                     50,811                   (549)               (51,368)


FUND BALANCE, January 1                                                       549                     549                    549


FUND BALANCE, December 31                                     $           8,224     $               51,360   $                       $          (102,736)




                                                                   87
                                                        COMAL COUNTY, TEXAS

                                                        INDIGENT HEALTH CARE

                                              SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                                  For the Year Ended December 31, 2007




                                                                           Budgeted Amounts                                             Variance with
                                                                                                                                        Final BUdget ­
                                                                                                                   Actual
                                                                                                                                           Positive
                                                                   Original                   Final                Amounts                (Negative)
REVENUES:

GENERAL REVENUES:

Ad valorem taxes:
   Current                                                     $        1,257,528    $         1,257,528       $     1,205,887      $          (51,641)
   Delinquent                                                             15,000                  15,000                37,138                  22,138
   Penalty and interest                                                   11,000                  11,000                17,807                   6,807
TOTAL AD VALOREM TAXES                                                  1,283,528              1,283,528             1,260,832                 (22,696)

Interest on deposit                                                        5,000                      5,000             27,856                  22,856

Miscellaneous revenues                                                      1,500                     1,500                 9,951                8,451

TOTAL GENERAL REVENUES                                                  1,290,028              1,290,028             1,298,639                   8,611


PROGRAM REVENUES:

Operating Grants and Contributions:
   SSI reimbursements                                                     70,000                  70,000                86,639                  16,639
   Tobacco settlement                                                    100,000                 100,000               107,790                   7,790

TOTAL OPERATING GRANTS
   AND CONTRIBUTIONS                                                     170,000                 170,000               194,429                  24,429

TOTAL PROGRAM REVENUES                                                   170,000                 170,000               194,429                  24,429


TOTAL REVENUES                                                          1,460,028              1,460,028              1,493,068                 33,040




EXPENDITURES:

HEALTH:
   Prescription drugs                                                    240,000                 257,800               257,784                       16
   Physicians                                                            235,000                 252,735               252,725                       10
   Hospitals                                                             855,000                 725,595               725,585                       10
   Laboratory \ x-rays                                                     55,000                     88,545            88,542                           3
   Physician assistants and
       advanced practice nurse                                              2,000                       765                   764                        1
   Medical supplies                                                         7,500                     24,970            24,966                           4
   Ambulatory surgical centers                                             30,000                     35,890            35,886                           4
   Home and community health care                                           3,000                     16,800            16,790                       10
   Psychological services                                                   2,000                      7,200                7,195                        5
   Non-creditable services                                                  1,000                      9,990                9,989                        1
   Rural health clinics                                                    21,000                     31,210            31,206                           4

TOTAL HEALTH AND HUMAN SERVICES                                         1,451,500              1,451,500              1,451,432                      68

EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                        8,528                      8,528            41,636                   33,108


FUND BALANCE, January 1                                                   167,369                167,369               167,369


FUND BALANCE, December 31                                      $          175,897    $            175,897      $       209,005      $            33,108




                                                                   88
                                                COMAL COUNTY, TEXAS
                                                 CHILD SAFETY FUND
                                    SCHEDULE OF REVENUES, EXPENDITURES AND
                            CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)
                                         For the Year Ended December 31, 2007



                                                              Budgeted Amounts                                              Variance with
                                                                                                                            Final Budget ­
                                                                                                       Actual
                                                                                                                               Positive
                                                        Original                 Final                Amounts                 (Negative)

REVENUES:

GENERAL REVENUES:

Interest on deposits                                $          3,000     $               3,000    $             4,925   $            1,925

TOTAL GENERAL REVENUES                                         3,000                     3,000                  4,925                1,925


PROGRAM REVENUES:

Fees of office                                               145,000                145,000                163,323                  18,323

TOTAL PROGRAM REVENUES                                       145,000                145,000                163,323                  18,323


TOTAL REVENUES                                               148,000                148,000                168,248                  20,248




EXPENDITURES:

CORRECTIONS:
   Salaries                                                   37,281                 35,965                 35,957                           8
   Overtime                                                    1,000
   Uniform allowance                                               728                     483                   480                         3
   Fringe benefits                                            12,794                     11,689             11,659                       30
   Intergovemmental                                           84,900                     90,015             90,007                           8


TOTAL CORRECTIONS EXPENDITURES                               136,703                138,152                138,103                       49


EXCESS (DEFICln OF REVENUES
   OVER EXPENDITURES                                          11,297                      9,848             30,145                  20,297


FUND BALANCE, January 1                                      108,515                108,515                108,515


FUND BALANCE, December 31                           $        119,812     $          118,363       $        138,660      $            20,297




                                                        89
                                                       COMAL COUNTY, TEXAS

                                           COUNTY CLERK'S RECORDS PRESERVATION FUND

                                            SCHEDULE OF REVENUES, EXPENDITURES AND

                                    CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                 For the Year Ended December 31,2007




                                                                        Budgeted Amounts                                             Variance with
                                                                                                                                     Final Budget ­
                                                                                                                Actual
                                                                                                                                        Positive
                                                                  Original                 Final                Amounts                (Negative)

REVENUES:

GENERAL REVENUES:

Interest on deposit                                           $          9,000     $               9,000    $        14,722      $            5,722

TOTAL GENERAL REVENUES                                                   9,000                     9,000             14,722                   5,722


PROGRAM REVENUES:

Fees of office                                                         255,000                255,000               266,560                  11,560

TOTAL PROGRAM REVENUES                                                 255,000                255,000               266,560                  11,560


TOTAL REVENUES                                                         264,000                264,000               281,282                  17,282




EXPENDITURES:

ADMINISTRATIVE:
   Salaries:
       County Clerk's supplement                                         8,000                     8,000                 8,000
       Clerks                                                           66,463                 66,463                44,484                  21,979
       Overtime                                                          2,000                     2,000                                       2,000
   Fringe benefits                                                      18,101                 18,101                13,406                    4,695
   Stationery and office supplies                                        2,500                      2,250                2,016                  234
   Travel and meetings                                                   4,500                      4,750                4,748                        2
   Dues and pUblications                                                     200                     200                  125                     75
   Computer components and software                                      1,000                      1,000                  60                    940
   Records maintenance                                                  20,000                     20,000                3,545               16,455
   Data processing services                                            200,000                200,000               177,764                  22,236
   Non -capital eqUipment                                                1,500                      1,500                1,124                   376

TOTAL ADMINISTRATIVE                                                   324,264                324,264               255,272                  68,992


TOTAL GENERAL GOVERNMENT                                               324,264                324,264               255,272                   68,992

EXCESS (DEFICIl) OF REVENUES
   OVER EXPENDITURES                                                   (60,264)                (60,264)              26,010                   86,274


FUND BALANCE, January 1                                                257,352                257,352               257.352


FUND BALANCE, December 31                                     $        197,088     $          197,088       $       283,362      $            86,274




                                                                  90
                                                       COMAL COUNTY, TEXAS

                                               COUNTY RECORDS PRESERVATION FUND

                                            SCHEDULE OF REVENUES, EXPENDITURES AND

                                    CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                 For the Year Ended December 31, 2007




                                                                        Budgeted Amounts                                              Variance with
                                                                                                                                      Final Budget ­
                                                                                                                 Actual
                                                                                                                                         Positive
                                                                  Original                 Final                Amounts                 (Negative)

REVENUES:

GENERAL REVENUES:

Interest on deposit                                           $          2,600    $                2,600    $             7,147   $            4,547

TOTAL GENERAL REVENUES                                                   2,600                     2,600                  7,147                4,547


PROGRAM REVENUES:

Fees of office                                                          50,000                 50,000                 46,359                   (3,641)

TOTAL PROGRAM REVENUES                                                  50,000                 50,000                 46,359                   (3,641)


TOTAL REVENUES                                                          52,600                 52,600                 53,506                     906




EXPENDITURES:

ADMINISTRATIVE:
   Salaries:
       Clerks                                                           19,282                 19,282                                         19,282
   Fringe benefits                                                       1,626                      1,626                                       1,626
   Stationery and office supplies                                        2,000                     2,000                     35                 1,965
   Records maintenance                                                   2,000                      2,000                                       2,000
   Computer components                                                   4,800                     4,800                                       4,800
   Non -capital equipment                                                3,600                      3,600                 2,682                  918

TOTAL ADMINISTRATIVE                                                    33,308                     33,308                 2,717               30,591


TOTAL GENERAL GOVERNMENT                                                33,308                     33,308                 2,717               30,591

EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                    19,292                     19,292             50,789                  31,497


FUND BALANCE, January 1                                                118,585                118,585                118,585


FUND BALANCE, December 31                                     $        137,877    $           137,877       $        169,374      $            31,497




                                                                  91
                                               COMAL COUNTY, TEXAS

                                    DISTRICT CLERK'S RECORDS PRESERVATION FUND

                                     SCHEDULE OF REVENUES, EXPENDITURES AND

                            CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                         For the Year Ended December 31, 2007




                                                               Budgeted Amounts                                              Variance with
                                                                                                                             Final Budget ­
                                                                                                        Actual
                                                                                                                                Positive
                                                         Original                 Final                Amounts                 (Negative)

REVENUES:

GENERAL REVENUES:

Interest on deposit                                  $                    $                        $             1,229   $            1,229

TOTAL GENERAL REVENUES                                                                                           1,229                1,229

PROGRAM REVENUES:
Fees of office                                                  6,000                     6,000                  7,789                1,789

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                6,000                     6,000                  7,789                1,789

TOTAL PROGRAM REVENUES                                          6,000                     6,000                  7,789                1,789


TOTAL REVENUES                                                  6,000                     6,000                  9,018                3,018




EXPENDITURES:

ADMINISTRATIVE
   Non -capital equipment                                       5,600                      5,600                 1,050                4,550


TOTAL ADMINISTRATIVE EXPENDITURES                              11,200                      5,600                 1,050                4,550


EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                            (5,200)                     400                  7,968                (1,532)


FUND BALANCE, January 1                                        21,515                     21,515             21,515


FUND BALANCE, December 31                            $         16,315     $               21,915   $         29,483      $            (1,532)




                                                         92
                                                COMAL COUNTY, TEXAS

                                               COUNTY ARCHIVES FUND

                                       SCHEDULE OF REVENUES, EXPENDITURES AND

                               CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                            For the Year Ended December 31, 2007




                                                                     Budgeted Amounts                                             Variance with
                                                                                                                                  Final BUdget ­
                                                                                                             Actual
                                                                                                                                     Positive
                                                               Original                 Final               Amounts                 (Negative)

REVENUES:

GENERAL REVENUES:

Interest on deposit                                      $	          12,000     $           12,000      $         31,133      $           19,133

TOTAL GENERAL REVENUES                                               12,000                 12,000                31,133                  19,133


PROGRAM REVENUES:

Fees of office                                                     250,000                 250,000              265,136                   15,136

TOTAL PROGRAM REVENUES                                             250,000                 250,000               265,136                  15,136


TOTAL REVENUES                                                     262,000                 262,000               296,269                  34,269




EXPENDITURES:

ADMINISTRATIVE:
   Salaries:

       Clerks
                                                       22,149                 22,149                21,220                     929
       Overtime

   Fringe benefits
                                                   8,575                     8,575                 4,390                 4,185
   Books and pUblicatons
                                                 500                    500                                          500
   Travel & meetings
                                                 3,500                     3,500                                       3,500
   Software
                                                          5,000                     5,000                                       5,000
   Records maintenance
                                              67,488                 73,988                73,803                      185
   Record book repairs
                                               4,000                     4,000                                       4,000
   Data processing services
                                        200,000                190,500                    7,187              183,313
   Non -capital equipment
                                            5,000                     8,000                 7,579                   421

TOTAL ADMINISTRATIVE                                                316,212                316,212               114,179                 202,033


TOTAL GENERAL GOVERNMENT                                            316,212                316,212               114,179                 202,033

EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                (54,212)                (54,212)             182,090                 236,302


FUND BALANCE, January 1                                             552,972                552,972               552,972


FUND BALANCE, December 31                                $          498,760     $          498,760      $        735,062      $          236,302




                                                              93
                                                        COMAL COUNTY, TEXAS

                                                VITAL RECORDS PRESERVATION FUND

                                           SCHEDULE OF REVENUES, EXPENDITURES AND

                                    CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                                 For the Year Ended December 31, 2007




                                                                      Budgeted Amounts                                                 Variance with
                                                                                                                                       Final BUdget ­
                                                                                                                Actual
                                                                                                                                          Positive
                                                                Original                 Final                 Amounts                   (Negative)

REVENUES:

GENERAL REVENUES:

Interest on deposit                                         $                    $                         $             1,247     $            1,247

TOTAL GENERAL REVENUES                                                                                                   1,247                  1,247


PROGRAM REVENUES:

Fees of office                                                        11,000                 11,000                  10,752                      (248)

TOTAL PROGRAM REVENUES                                                11,000                 11,000                  10,752                       (248)


TOTAL REVENUES                                                        11,000                 11,000                  11,999                       999




EXPENDITURES:

ADMINISTRATIVE:
   Stationery and office supplies                                      8,000                     4,800                   4,465                    335
   Travel and meetings                                                 1,500                     2,200                   2,165                     35
   Records maintenance                                                 1,000
   Record book repairs                                                 1,000
   Remote access                                                       3,000                     7,000                   6,775                    225
   Non -capital equipment                                                                          500                     500

TOTAL ADMINISTRATIVE                                                  14,500                     14,500              13,905                        595


TOTAL GENERAL GOVERNMENT                                              14,500                     14,500              13,905                        595

EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                   (3,500)                   (3,500)                 (1,906)                 1,594


FUND BALANCE, January 1                                               25,322                     25,322              25,322


FUND BALANCE, December 31                                   $         21,822     $               21,822    $         23,416        $             1,594
95

                                                         COMAL COUNTY, TEXAS

                                                       RURAL RECYCLING GRANTS

                                              SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                   For the Year Ended December 31, 2007




                                                                           Budgeted Amounts                                         Variance with
                                                                                                                                    Final Budget ­
                                                                                                                  Actual
                                                                                                                                       Positive
                                                                     Original                 Final               Amounts             (Negative)
REVENUES:

PROGRAM REVENUES:

Operating grants and contributions:
   A.A.C.O.G. Grant                                             $           1,276    $                1,276   $                 $            (1,276)

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                            1,276                     1,276                                  (1,276)

Capital grants and contributions:
   A.A.C.O.G. Grant                                                        22,900                 22,900               15,100                (7,800)

TOTAL CAPITAL GRANTS AND
   CONTRIBUTIONS                                                           22,900                 22,900               15,100                (7,800)

TOTAL PROGRAM REVENUES                                                     24,176                 24,176               15,100                (9,076)


TOTAL REVENUES                                                             24,176                 24,176               15,100                (9,076)




EXPENDITURES:

INFRASTRUCTURE AND ENVIROMENT
   Capital expenditures:
       Fumiture and equipment                                              22,900                 22,900               15,100                 7,800


TOTAL PUBLIC SAFETY EXPENDITURES                                           22,900                 22,900               15,100                 7,800


EXCESS (DEFICln OF REVENUES
   OVER EXPENDITURES                                                        1,276                     1,276                                  (1,276)


FUND BALANCE, January 1


FUND BALANCE, December 31                                       $           1,276    $                1,276   $                 $            (1,276)




                                                                    96
97

                                               COMAL COUNTY, TEXAS

                                             JUVENILE CASE MANAGER

                                    SCHEDULE OF REVENUES, EXPENDITURES AND

                            CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                         For the Year Ended December 31, 2007




                                                                Budgeted Amounts                                              Variance with
                                                                                                                              Final Budget ­
                                                                                                         Actual
                                                                                                                                 Positive
                                                          Original                 Final                Amounts                 (Negative)

REVENUES:


PROGRAM REVENUES:
Fees of office                                        $         54,000       $         54,000       $         55,644      $            1,644

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                54,000                 54,000                 55,644                   1,644

TOTAL PROGRAM REVENUES                                          54,000                 54,000                 55,644                   1,644


TOTAL REVENUES                                                  54,000                 54,000                 55,644                   1,644




EXPENDITURES:

JUSTICE SYSTEM:
   Salaries                                                     31,633                     31,633             27,196                   4,437
   Overtime                                                           200                     200                  358                   (158)
   Benefits                                                     10,364                     10,364                 7,456                 2,908
   Office supplies                                               2,000                      2,000                  728                  1,272
   Telephone                                                          200                    200                   174                     26
   Travel and meetings                                           1,000                      1,000                 1,218                  (218)


TOTAL JUSTICE SYSTEM EXPENDITURES                               45,397                     45,397             37,130                    8,267


EXCESS (DEFICIl) OF REVENUES
   OVER EXPENDITURES                                                 8,603                  8,603             18,514                    9,911


FUND BALANCE, January 1                                         54,683                     54,683             54,683


FUND BALANCE, December 31                             $         63,286       $             63,286   $         73,197      $             9,911




                                                          98
                                                COMAL COUNTY, TEXAS

                                  COUNTY COURT·AT·LAW RECORDS MANAGEMENT

                                    SCHEDULE OF REVENUES, EXPENDITURES AND

                            CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                         For the Year Ended December 31, 2007




                                                              Budgeted Amounts                                            Variance with
                                                                                                                          Final Budget ­
                                                                                                     Actual
                                                                                                                             Positive
                                                        Original                 Final               Amounts                (Negative)

REVENUES:

GENERAL REVENUES:
Interest on deposits                                $                   $                        $             198    $              198

TOTAL GENERAL REVENUES                                                                                         198                   198

PROGRAM REVENUES:

Fees of office                                                                                                2,899                2,899

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                                                              2,899                2,899

TOTAL PROGRAM REVENUES                                                                                        2,899                2,899


TOTAL REVENUES                                                                                                3,097                 3,097




EXPENDITURES:

JUSTICE SYSTEM:


TOTAL JUSTICE SYSTEM EXPENDITURES

EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                                                          3,097                 3,097


FUND BALANCE, January 1                                        2,642                     2,642                2,642


FUND BALANCE, December 31                                      2,642                     2,642                5,739                 3,097




                                                        99
                                                        COMAL COUNTY, TEXAS

                         TEXAS JUVENILE PROBATION COMMISSION COMMUNITY CORRECTIONS ASSISTANCE

                                              SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                   For the Year Ended December 31,2007




                                                                           Budgeted Amounts                                              Variance with
                                                                                                                                         Final Budget ­
                                                                                                                    Actual
                                                                                                                                            Positive
                                                                     Original                 Final                Amounts                 (Negative)

REVENUES:

PROGRAM REVENUES:

Operating grants and contributions:
   TJPC grant                                                   $         258,682    $           258,682       $       163,378       $          (95,304)

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                          258,682                258.682               163,378                  (95.304)

TOTAL PROGRAM REVENUES                                                    258,682                258,682                163,378                 (95,304)


TOTAL REVENUES                                                            258,682                258,682                163,378                 (95,304)




EXPENDITURES:

CORRECTIONS:
   Operating costs                                                          4,197                     4,197                  2,370                 1,827
   Non-residential youth service                                            5,939                     5,939                   939                  5,000
   Residential youth services                                             312,559                312,559                162,450                 150,109


TOTAL CORRECTIONS EXPENDITURES                                            322,695                322,695                165,759                 156,936

EXCESS (DEFICIT) OF REVENUES
    OVER EXPENDITURES                                                     (64,013)                (64,013)               (2,381)                 61,632


FUND BALANCE, January 1                                                    64,013                     64,013             64,013


FUND BALANCE, December 31                                       $                    $                         $         61,632      $           61,632




                                                                    100
                                                        COMAL COUNTY, TEXAS

                                       TEXAS JUVENILE PROBATION COMMISSION TITLE IV·E PROGRAM

                                              SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                                  For the Year Ended December 31, 2007




                                                                          Budgeted Amounts                                            Variance with
                                                                                                                                      Final Budget ­
                                                                                                                   Actual
                                                                                                                                         Positive
                                                                    Original                 Final                Amounts               (Negative)

REVENUES:

PROGRAM REVENUES:

Operating grants and contributions:
   TJPC grant                                                  $          80,000     $           80,000       $         76,353    $            (3,647)

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                          80,000                 80,000                 76,353                 (3,647)

TOTAL PROGRAM REVENUES                                                    80,000                 80,000                 76,353                 (3,647)


TOTAL REVENUES                                                            80,000                 80,000                 76,353                 (3,647)




EXPENDITURES:

CORRECTIONS:
   Salaries                                                              123,246                111,246                 95,430                15,816
   Fringe benefits                                                        55,845                     55,845             42,179                13,666
   Operating costs                                                        15,126                     27,126             26,375                   751


TOTAL CORRECTIONS EXPENDITURES                                           194,217                194,217                163,984                30,233

EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                     (114,217)             (114,217)               (87,631)               26,586


FUND BALANCE, January 1                                                  264,704                264,704                264,704


FUND BALANCE, December 31                                      $         150,487     $          150,487       $        177,073    $           26,586




                                                                   101
102

                                                         COMAL COUNTY, TEXAS

                                      TEXAS YOUTH COMMISSION JUVENILE PAROLE SERVICE PROGRAM

                                              SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                   For the Year Ended December 31, 2007




                                                                           Budgeted Amounts                                              Variance with
                                                                                                                                         Final Budget ­
                                                                                                                    Actual
                                                                                                                                            Positive
                                                                     Original                 Final                Amounts                 (Negative)

REVENUES:

PROGRAM REVENUES:

Operating grants and contributions:
   TJPC grant                                                   $          40,700    $            40,700       $         24,595      $          (16,105)

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                           40,700                 40,700                 24,595                 (16,105)

TOTAL PROGRAM REVENUES                                                     40,700                 40,700                 24,595                 (16,105)


TOTAL REVENUES                                                             40,700                 40,700                 24,595                 (16,105)




EXPENDITURES:

CORRECTIONS
   Operating costs                                                          8,752                      8,752                 1,227                7,525
   Travel & meetings                                                       18,444                 18,444                     6,313               12,131
   Non-residential services                                                14,780                 14,780                       633               14,147
   Residential services                                                    25,220                 25,220                     8,010               17,210
   Non-capital equipment                                                   10,171                     10,171                                     10,171


TOTAL CORRECTIONS EXPENDITURES                                             77,367                 77,367                 16,183                  61,184

EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                      (36,667)                (36,667)                   8,412               45,079


FUND BALANCE, January 1                                                    36,667                     36,667             36,667


FUND BALANCE, December 31                                       $                    $                         $         45,079      $           45,079




                                                                    103
104

                                                    COMAL COUNTY. TEXAS

                                TEXAS JUVENILE PROBATION COMMISSION PROGRESSIVE SANCTIONS "G"

                                              SCHEDULE OF REVENUES. EXPENDITURES AND

                                      CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                                  For the Year Ended December 31, 2007




                                                                          Budgeted Amounts                                               Variance with
                                                                                                                                         Final Budget ­
                                                                                                                    Actual
                                                                                                                                            Positive
                                                                    Original                 Final                 Amounts                 (Negative)

REVENUES:

PROGRAM REVENUES:

Operating grants and contributions:
   TJPC grant                                                  $          44,220     $           44,220        $         29,828      $          (14,392)

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                          44,220                 44,220                  29,828                 (14,392)

TOTAL PROGRAM REVENUES                                                    44,220                 44,220                  29,828                 (14,392)


TOTAL REVENUES                                                            44,220                 44,220                  29,828                 (14,392)




EXPENDITURES:

CORRECTIONS:
   Salaries                                                               39,539                 39,539                  23,727                  15,812
   Benefits                                                                7,134                     7,134                   4,123                3,011


TOTAL CORRECTIONS EXPENDITURES                                            46,673                 46,673                  27,850                  18,823


EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                       (2,453)                   (2,453)                 1,978                  (475)


FUND BALANCE, January 1                                                    2,453                     2,453                   2,453


FUND BALANCE, December 31                                      $                     $                         $             4,431   $              (475)




                                                                   105
106

                                                        COMAL COUNTY, TEXAS

                           TEXAS JUVENILE PROBATION COMMISSION INTENSIVE COMMUNITY PROGRAM "X"

                                         SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES· BUDGET AND ACTUAL (GAAP BASIS)

                                                  For the Year Ended December 31, 2007




                                                                          Budgeted Amounts                                            Variance with
                                                                                                                                      Final Budget-
                                                                                                                Actual
                                                                                                                                         Positive
                                                                    Original                 Final             Amounts                  (Negative)

REVENUES:


PROGRAM REVENUES:

Operating grants and contributions:
   T.J.P.C. grant                                              $          29,103     $           29,103    $             7,276    $          (21,827)

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                          29,103                 29,103                  7,276               (21,827)

TOTAL PROGRAM REVENUES                                                    29,103                 29,103                  7,276               (21,827)


TOTAL REVENUES                                                            29,103                 29,103                  7,276               (21,827)




EXPENDITURES:

CORRECTIONS:
   Drug testing                                                                683                   683                  683
   Counseling                                                             16,900                 16,900                  5,165                11,735
   Electronic monitoring                                                  11,520                 11,520                  1,441                10,079


TOTAL CORRECTIONS EXPENDITURES                                            29,103                 29,103                  7,289                21,814

EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                                                                       (13)                  (13)


FUND BALANCE, January 1


FUND BALANCE, December 31                                      $                     $                     $               (13)   $              (13)




                                                                   107
108

                                                    COMAL COUNTY, TEXAS

                                DEPARTMENT OF STATE HEALTH SERVICES HOMELAND SECURITY GRANT

                                              SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                   For the Year Ended December 31, 2007




                                                                           Budgeted Amounts                                             Variance with
                                                                                                                                        Final BUdget ­
                                                                                                                   Actual
                                                                                                                                           Positive
                                                                     Original                 Final               Amounts                 (Negative)

REVENUES:


PROGRAM REVENUES:

Operating grants and contributions:
    T.D.H. Grant                                                $         306,067    $           306,067      $       154,908       $         (151,159)

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                          306,067                306,067               154,908                (151,159)

TOTAL PROGRAM REVENUES                                                    306,067                306,067               154,908                (151,159)


TOTAL REVENUES                                                            306,067                306,067               154,908                (151,159)




EXPENDITURES:

Public Safety:
   Salaries                                                               154,586                154,588                59,334                  95,254
   Benefits                                                                39,507                 39,507                16,638                  22,869
   Supplies                                                                20,645                 20,645                    5,921               14,724
   County health authority                                                 20,267                 20,267                    8,000               12,267
   Travel                                                                  28,675                     8,675                 7,371                 1,304
   Other expenditures                                                      30,910                 54,910                54,886                       24
   Non-capital equipment                                                   11,475                     7,475                 5,304                 2,171


TOTAL PUBLIC SAFETY EXPENDITURES                                          306,067                306,067               157,454                 146,613


EXCESS (DEFICln OF REVENUES
   OVER EXPENDITURES                                                                                                    (2,546)                  (2,546)


FUND BALANCE, January 1                                                     3,729                     3,729                 3,729


FUND BALANCE, December 31                                       $           3,729    $                3,729   $             1,183   $            (2,546)




                                                                    109
                                                          COMAL COUNTY, TEXAS

                                          BUREAU OF JUSTICE LAW ENFORCEMENT BLOCK GRANT

                                             SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                   For the Year Ended December 31, 2007




                                                                         Budgeted Amounts                                              Variance with
                                                                                                                                       Final Budget ­
                                                                                                                  Actual
                                                                                                                                          Positive
                                                                   Original                 Final                Amounts                 (Negative)
REVENUES:


PROGRAM REVENUES:

Operating grants and contributions:
   L.L.E.B.G. grant                                           $          33,401    $            33,401       $             5,454   $          (27,947)

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                         33,401                 33,401                     5,454              (27,947)

TOTAL PROGRAM REVENUES                                                   33,401                 33,401                     5,454              (27,947)


TOTAL REVENUES                                                           33,401                 33,401                     5,454              (27,947)




EXPENDITURES:

PUBLIC SAFETY:
   Non-capital equipment                                                 24,252                 24,252                     5,313               18,939
   Intergovernmental                                                      9,149                      9,149                                      9,149


TOTAL PUBLIC SAFETY EXPENDITURES                                         33,401                     33,401                 5,313               28,088


EXCESS (DEFICIl) OF REVENUES
   OVER EXPENDITURES                                                                                                        141                (56,035)


FUND BALANCE, January 1


FUND BALANCE, December 31                                     $                    $                         $               141   $           (56,035)




                                                                  110
                                                         COMAL COUNTY, TEXAS

                              TEXAS ENGINEERING AND EXTENSION SERVICE HOMELAND SECURITY GRANT

                                          SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES· BliDGET AND ACTUAL (GAAP BASIS)

                                                   For the Year Ended December 31, 2007




                                                                            Budgeted Amounts                                              Variance with
                                                                                                                                          Final Budget ­
                                                                                                                     Actual
                                                                                                                                             Positive
                                                                     Original                  Final                Amounts                 (Negative)

REVENUES:

PROGRAM REVENUES:

Operating grants and contributions:
   TEEX grant                                                   $	         324,000    $           324,000       $       323,458       $              542

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                           325,000                325,000               323,458                      542


Capital grants and contributions:
   TEEX grant                                                              655,000                655,000                650,363      $            4,637

TOTAL CAPITAL GRANTS AND
   CONTRIBUTIONS                                                           655,000                655,000               650,363                    4,637

TOTAL PROGRAM REVENUES                                                     980,000                980,000                973,821                   5,179


TOTAL REVENUES                                                             980,000                980,000                973,821                   5,179




EXPENDITURES:

PUBLIC SAFETY
   Salaries                                                                 11,000                     11,000                 7,500                 3,500
   Fringe benefits                                                           1,944                      1,944                 1,793                  151
   Supplies                                                                  9,539                      1,000                  901                     99
   Travel                                                                   47,235                        235                  108                   127
   Miscellaneous costs                                                                                 86,539             86,420                      119
   Non-capital equipment                                                    57,393                273,580                273,580
   Capital expenditures:
       Property improvements                                                                           24,000             23,863                      137
       Fumiture and equipment                                              852,889                581,702                579,656                    2,046


TOTAL PUBLIC SAFETY EXPENDITURES                                           980,000                980,000                973,821                    6,179


FUND BALANCE, January 1


FUND BALANCE, December 31                                       $                     $                         $                     $




                                                                     111
112

                                                         COMAL COUNTY, TEXAS

                                                REGIONAL HABITAT CONSERVATION PLAN

                                              SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                   For the Year Ended December 31, 2007




                                                                           Budgeted Amounts                                       Variance with
                                                                                                                                  Final BUdget-
                                                                                                               Actual
                                                                                                                                     Positive
                                                                    Original                  Final            Amounts              (Negative)

REVENUES:

PROGRAM REVENUES:

Operating grants and contributions:
   Slate grant                                                  $         612,852    $           612,852   $       126,639    $         486,213

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                          612,852                612,852           126,639              486,213

TOTAL PROGRAM REVENUES                                                    612,852                612,852           126,639              486,213


TOTAL REVENUES                                                            612,852                612,852           126,639              486,213




EXPENDITURES:

INFRASTRUCTURE AND ENVIRONMENTAL
   Professional services                                                  612,852                612,852           129,729              483,123


TOTAL INFRASTRUCTURE AND ENVIRONMENTAL EXPENDITURES                       612,852                612,852           129,729              483,123


FUND BALANCE, January 1


FUND BALANCE, December 31                                       $                    $                     $        (3,090)   $            3,090




                                                                    113
                                                          COMAL COUNTY, TEXAS

                                      CRIMINAL JUSTICE DEPARTMENT MOBILE DATA EQUIPMENT GRANT

                                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES - BUDGET AND ACTUAL (GAAP BASIS)

                                                   For the Year Ended December 31, 2007




                                                                         Budgeted Amounts                                       Variance with
                                                                                                                                Final BUdget ­
                                                                                                              Actual
                                                                                                                                   Positive
                                                                   Original                 Final            Amounts              (Negative)

REVENUES:


PROGRAM REVENUES:


Operating grants and contributions

   C.J.D. grant                                               $          22,683    $            22,683   $         21,251   $            (1,432)

TOTAL OPERATING GRANTS AND
   CONTRIBUTIONS                                                         22,683                 22,683             21,251                (1,432)

TOTAL PROGRAM REVENUES                                                   22,683                 22,683             21,251                (1,432)


TOTAL REVENUES                                                $          22,683    $            22,683   $         21,251   $            (1,432)




EXPENDITURES:

PUBLIC SAFETY:
   Non-capital equipment                                                 22,683                 22,683             21,251                 1,432


TOTAL PUBLIC SAFETY EXPENDITURES                                         22,683                 22,683             21,251                 1,432


EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES


FUND BALANCE, January 1


FUND BALANCE, December 31                                     $                    $                     $                  $




                                                                  114
                                             COMAL COUNTY, rEXAS

                                       HEALTH DEPARTMENT SERVICES

                                  SCHEDULE OF REVENUES, EXPENDITURES AND

                                         CHANGES IN FUND BALANCES

                                      For the Year Ended December 31, 2007





REVENUES:

GENERAL REVENUES:

Interest on deposits                                                          $     1,937

TOTAL GENERAL REVENUES                                                              1,937

PROGRAM REVENUES:


Charges for services:
  Health services                                                                 136,265

TOTAL CHARGES FOR SERVICES                                                        136,265

TOTAL PROGRAM REVENUES                                                            136,265


TOTAL REVENUES                                                                    138,202




EXPENDITURES:

HEALTH:
  Salaries                                                                          2,036
  Overtime                                                                            107
   Fringe benefits                                                                     36
  Office supplies                                                                     903
  Medical supplies                                                                104,151
  Consulting services                                                              11,200
  Training and travel                                                                 116
  Capital expenditures:
        Furniture and equipment                                                     5,966


TOTAL HEALTH EXPENDITURES                                                         124,515


EXCESS (DEFICIl) OF REVENUES
   OVER EXPENDITURES                                                               13,687


FUND BALANCE, January 1                                                            50,686


FUND BALANCE, December 31                                                     $    64,373




                                                    115
                                              COMAL COUNTY, TEXAS

                                   CRIMINAL DISTRICT ATTORNEY HOT CHECK FUND

                                    SCHEDULE OF REVENUES, EXPENDITURES AND

                                           CHANGES IN FUND BALANCES

                                        For the Year Ended December 31, 2007





REVENUES:

GENERAL REVENUES:

Interest on deposit                                                             $     332

TOTAL GENERAL REVENUES                                                                332


PROGRAM REVENUES:

Charges for services:
  Service I collection fees                                                         34,075

TOTAL CHARGES FOR SERVICES                                                          34,075

TOTAL PROGRAM REVENUES                                                              34,075


TOTAL REVENUES                                                                      34,407




EXPENDITURES:

JUSTICE SYSTEM:
  Stationery and office supplies                                                     8,883
   Books and publications                                                            3,190
  Professional services                                                               814
  Travel and meetings                                                                2,727
  Remote access                                                                      6,195


TOTAL JUSTICE SYSTEM EXPENDITURES                                                   21,809


EXCESS (DEFICIl) OF REVENUES
   OVER EXPENDIJURES                                                                12,598


FUND BALANCE, January 1                                                              5,704


FUND BALANCE, December 31                                                       $   18,302




                                                        116
                                          COMAL COUNTY, "rEXAS

                                      SHERIFF'S FORFEITURE FUND

                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES

                                   For the Year Ended December 31, 2007





REVENUES:

GENERAL REVENUES:

Interest on deposits                                                       $    9,137

TOTAL GENERAL REVENUES                                                          9,137


PROGRAM REVENUES:


Asset forfeitures                                                               1,788

TOTAL PROGRAM REVENUES                                                          1,788


TOTAL REVENUES                                                                 10,925




EXPENDITURES:

PUBLIC SAFETY:
   Non-capital equipment                                                        2,103


TOTAL PUBLIC SAFETY EXPENDITURES                                                2,103


EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                             8,822


FUND BALANCE, January 1                                                        174,044


FUND BALANCE, December 31                                                  $   182,866




                                                  117
                                           COMAL COUNTY, TEXAS

                                   SHERIFF'S FEDERAL ASSET SHARING FUND

                                 SCHEDULE OF REVENUES, EXPENDITURES AND

                                        CHANGES IN FUND BALANCES

                                     For the Year Ended December 31, 2007





REVENUES:

GENERAL REVENUES:

Interest on deposits                                                         $    2,900

TOTAL GENERAL REVENUES                                                            2,900


PROGRAM REVENUES:


Asset forfeitures                                                                76,941

TOTAL PROGRAM REVENUES                                                           76,941


TOTAL REVENUES                                                                   79,641




EXPENDITURES:

PUBLIC SAFETY:
   Mobile data terminals                                                           3,840
   Non-capital equipment                                                         27,037
   Capital expenditures:
        Building Improvements                                                      1,941
        Fumiture and equipment                                                   73,385


TOTAL PUBLIC SAFETY EXPENDITURES                                                 106,203


EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                             (26,362)


FUND BALANCE, January 1                                                           93,036


FUND BALANCE, December 31                                                    $    66,674




                                                     118
                                         COMAL COUNTY, TEXAS

                                   SHERIFF'S OFFICE TRAINING SCHOOLS

                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES

                                   For the Year Ended December 31, 2007





REVENUES:


TOTAL REVENUES                                                             $



EXPENDITURES:

PUBLIC SAFETY:


TOTAL PUBLIC SAFETY EXPENDITURES


EXCESS (DEFICln OF REVENUES
  OVER EXPENDITURES


FUND BALANCE, January 1                                                        747

FUND BALANCE, December 31                                                  $   747




                                                   119
                                           COMAL COUNTY, TEXAS

                                          JAIL COMMISSARY FUND

                                 SCHEDULE OF REVENUES, EXPENDITURES AND

                                       CHANGES IN FUND BALANCES

                                     For the Year Ended December 31, 2007





REVENUES:

GENERAL REVENUES:

Interest on deposits                                                         $    5,005

TOTAL GENERAL REVENUES                                                            5,005

PROGRAM REVENUES:

Charges for services:
  Commissions                                                                    20,044

TOTAL CHARGES FOR SERVICES                                                       20,044

TOTAL PROGRAM REVENUES                                                           20,044


TOTAL REVENUES                                                                   25,049




EXPENDITURES:

CORRECTIONS:
   Inmate long-distance                                                           2,039
  Supplies                                                                       17,503


TOTAL CORRECTIONS EXPENDITURES                                                   19,542


EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                              5,507


FUND BALANCE, January 1                                                          85,181


FUND BALANCE, December 31                                                    $   90,688




                                                     120
                                          COMAL COUNTY, TEXAS

                                    ELECTION SERVICES CONTRACTS

                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                        CHANGES IN FUND BALANCES

                                   For the Year Ended December 31,2007





REVENUES:

GENERAL REVENUES:

PROGRAM REVENUES:

Charges for services:
  Reimbursements                                                          $   17,607

TOTAL CHARGES FOR SERVICES                                                    17,607

TOTAL PROGRAM REVENUES                                                        17,607


TOTAL REVENUES                                                                17,607




EXPENDITURES:

GENERAL GOVERNMENT:
  Salaries                                                                     1,618
  Fringe benefits                                                               142
  Travel and meetings                                                           559
  Election costs                                                              22,996


TOTAL GENERAL GOVERNMENT EXPENDITURES                                         25,315


EXCESS (DEFICIl) OF REVENUES
  OVER EXPENDITURES                                                           (7,708)


FUND BALANCE, January 1                                                       37,830


FUND BALANCE, December 31                                                 $   30,122




                                                  121
                                                  COMAL COUNTY, TEXAS

                                     COMAL COUNTY JUVENILE BOARD I PROBATION FEES

                                       SCHEDULE OF REVENUES, EXPENDITURES AND

                                               CHANGES IN FUND BALANCES

                                            For the Year Ended December 31, 2007





REVENUES:

GENERAL REVENUES:

Interest on deposits                                                                 $   22,616

TOTAL GENERAL REVENUES                                                                   22,616

PROGRAM REVENUES:
Fees of office:
  Juvenile fees                                                                          35,344

TOTAL FEES OF OFFICE                                                                     35,344


Charges for services:
   Probation fees                                                                         11,896
   New Braunfels ISD reimbursement                                                       94,868
  Other reimbursements                                                                    11,167

TOTAL CHARGES FOR SERVICES                                                               117,931

TOTAL PROGRAM REVENUES                                                                   153,275


TOTAL REVENUES                                                                           175,891




EXPENDITURES:

CORRECTIONS:
   Salaries                                                                               30,178
   Fringe benefits                                                                         8,342
  Travel and meetings                                                                        171
   Non-residential services                                                               56,142
   Residential services                                                                   49,108
   Non-capital equipment


TOTAL CORRECTIONS EXPENDITURES                                                           143,941


EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                                      31,950


FUND BALANCE, January 1                                                                   85,274


FUND BALANCE, December 31                                                            $   117,224




                                                            122
                                          COMAL COUNTY, TEXAS

                                DISTRICT CLERK'S A. G. CHILD SUPPORT FUND

                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                       CHANGES IN FUND BALANCES

                                    For the Year Ended December 31, 2007





REVENUES:

GENERAL REVENUES

Interest on deposit                                                          $     525

TOTAL GENERAL REVENUES                                                             525

PROGRAM REVENUES:

Fees of office:
  Clerk's fees                                                                     970

TOTAL FEES OF OFFICE                                                               970

TOTAL PROGRAM REVENUES                                                             970


TOTAL REVENUES                                                                   1,495




EXPENDITURES:

JUSTICE SYSTEM:


TOTAL JUSTICE SYSTEM EXPENDITURES


EXCESS (DEFICIT) OF REVENUES
   OVER EXPENDITURES                                                              1,495


FUND BALANCE, January 1                                                          10,068


FUND BALANCE, December 31                                                    $   11,563




                                                    123
                                         COMAL COUNTY, "rEXAS

                                   JUSTICE COURT TECHNOLOGY FUND

                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES

                                    For the Year Ended December 31,2007





REVENUES:

GENERAL REVENUES

Interest on deposit                                                        $   10,915

TOTAL GENERAL REVENUES                                                         10,915

PROGRAM REVENUES:

Fees of office:
  Technology fees                                                              46,564

TOTAL FEES OF OFFICE                                                           46,564

TOTAL PROGRAM REVENUES                                                         46,564


TOTAL REVENUES                                                                 57,479




EXPENDITURES:

JUSTICE SYSTEM:
  Training and education                                                         1,488
  Software and support                                                           3,264
   Non-capital eqUipment                                                         6,461


TOTAL JUSTICE SYSTEM EXPENDITURES                                               11,213


EXCESS (DEFICIl) OF REVENUES
  OVER EXPENDITURES                                                            46,266


FUND BALANCE, January 1                                                        253,709


FUND BALANCE, December 31                                                  $   299,975




                                                    124
                                         COMAL COUNTY, TEXAS

                                    CONSTABLES' FORFEITURE FUND

                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                      CHANGES IN FUND BALANCES

                                   For the Year Ended December 31, 2007





REVENUES:

GENERAL REVENUES:

Interest on deposits                                                       $   37

TOTAL GENERAL REVENUES                                                         37


TOTAL REVENUES                                                                 37




EXPENDITURES:

PUBLIC SAFETY:


TOTAL PUBLIC SAFETY EXPENDITURES


EXCESS (DEFICIl) OF REVENUES
  OVER EXPENDITURES                                                             37


FUND BALANCE, January 1                                                        751


FUND BALANCE, December 31                                                  $   788




                                                   125
                                          COMAL COUNTY, TEXAS

                                        PROBATE EDUCATION FUND

                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                     CHANGES IN FUND BALANCES

                                    For the Year Ended December 31, 2007





REVENUES:

GENERAL REVENUES

Interest on deposits                                                        $    178

TOTAL GENERAL REVENUES                                                           178

PROGRAM REVENUES:

Fees of office:
  Education fees                                                                1,755

TOTAL FEES OF OFFICE                                                            1,755

TOTAL PROGRAM REVENUES                                                          1,755


TOTAL REVENUES                                                                  1,933




EXPENDITURES:

JUSTICE SYSTEM:
  Training and education                                                        2,175


TOTAL JUSTICE SYSTEM EXPENDITURES                                               2,175


EXCESS (DEFICln OF REVENUES
  OVER EXPENDITURES                                                              (242)


FUND BALANCE, January 1                                                         3,598


FUND BALANCE, December 31                                                   $   3,356




                                                    126
                                              COMAL COUNTY, TEXAS

                                  CRIMINAL DISTRICT ATTORNEY FORFEITURE FUNDS

                                   SCHEDULE OF REVENUES, EXPENDITURES AND

                                           CHANGES IN FUND BALANCES

                                        For the Year Ended December 31, 2007





REVENUES:

PROGRAM REVENUES:


Asset forfeitures                                                                $   12,552

TOTAL CHARGES FOR SERVICES                                                           12,552

TOTAL PROGRAM REVENUES                                                               12,552


TOTAL REVENUES                                                                       12,552




EXPENDITURES:

JUSTICE SYSTEM:
  Witness \ appeal and lab expo                                                       2,528


TOTAL JUSTICE SYSTEM EXPENDITURES                                                     2,528


EXCESS (DEFICIl) OF REVENUES
  OVER EXPENDITURES                                                                  10,024


FUND BALANCE, January 1                                                              32,542


FUND BALANCE, December 31                                                        $   42,566




                                                        127
                                         COMAL COUNTY, TEXAS

                               JUSTICE OF THE PEACE COURT SECURITY FUND

                               SCHEDULE OF REVENUES, EXPENDITURES AND

                                     CHANGES IN FUND BALANCES

                                   For the Year Ended December 31,2007





REVENUES:

PROGRAM REVENUES:


Fees of office                                                             $   10,729

TOTAL PROGRAM REVENUES                                                         10,729


TOTAL REVENUES                                                                 10,729




EXPENDITURES:

PUBLIC SAFETY


TOTAL PUBLIC SAFETY EXPENDITURES


EXCESS (DEFICIT) OF REVENUES
  OVER EXPENDITURES                                                            10,729


FUND BALANCE, January 1                                                        12,060


FUND BALANCE, December 31                                                  $   22,789




                                                  128
129

(THIS PAGE INTENTIONALLY LEFT BLANK)

INTERNAL               SERVICE            FUNDS




The Internal Service Fund accounts for the financing
of goods or services provided by one department or
agency to other departments or agencies of the
government and to other government units, on a cost
reimbursement basis.




Self-Funded Medical Insurance -- This fund is used to
   account for the activities of the County's employee
   medical insurance.


Damage Control -- This fund was used to account for
  the activities of the County's retained risks for
  vehicle physical damage coverage and public
  official liability. It was eliminated at the beginning
  of 2007 and the fund balance was transferred to
  the General Fund.
                                       COMAL COUNTY, TEXAS

                                 COMBINING STATEMENT OF NET ASSETS

                                      INTERNAL SERVICE FUNDS

                                          December 31, 2007




                                                 COMAL COUNTY
                       TOTAL
                                                     HEALTH
        DAMAGE         INTERNAL
                                                   INSURANCE
     CONTROL FUND   SERVICE FUNDS


ASSETS
  Current assets:
  Cash and cash equivalents                      $    2,031,835   '$             $    2,031,835
  Due from other funds                                   38,553                          38,553
     TOTAL CURRENT ASSETS                             2,070,388                       2,070,388

        TOTAL ASSETS                                  2,070,388                       2,070,388


LIABILITIES AND FUND BALANCES
Current liabilities:
Accounts payable - trade                                83,265                          83,265
     TOTAL CURRENT LIABILITIES                           83,265                         83,265

        TOTAL LIABILITIES                                83,265                         83,265


NET ASSETS
Restricted for future claims                          1,987,123                       1,987,123

  TOTAL NET ASSETS                               $    1,987,123    $             $    1,987,123




                                                130
                                             COMAL COUNTY, TEXAS

                 COMBINING STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET ASSETS

                                           INTERNAL SERVICE FUNDS

                                      For the Year Ended December 31, 2007



                                                              COMAL COUNTY                             TOTAL
                                                                  HEALTH           DAMAGE            INTERNAL
                                                                INSURANCE        CONTROL FUND      SERVICE FUNDS


OPERATING REVENUES:
  Charges for services                                        $     2,770,021    $                 $    2,770,021
  Reimbursements                                                      152.601                             152,601

     TOTAL OPERATING REVENUES                                       2.922.622                           2,922,622


OPERATING EXPENSES:
  Medical claims                                                    2.944.742                           2,944,742

     TOTAL OPERATING EXPENSES                                       2,944,742                           2,944,742


Operating Income (loss)                                               (22,120)                            (22,120)


NONOPERATING REVENUES (EXPENSES):
  Interest on deposits                                                 92,366                              92,366

     TOTAL NONOPERATING REVENUES(EXPENSES)                             92,366                              92,366

           Income (loss) before contributions and transfers            70,266                              70,266

  Transfers to other funds                                                             (147,396)         (147,396)

     Change in net assets                                              70,266          (147,396)          (77,130)

Total net assets -- beginning                                       1,916,655          147,396          2,064,253

Total net assets ­ ending                                      $    1,967,123    $                 $    1.967,123




                                                              131
                                                          COMAL COUNTY, TEXAS

                                                 COMBINING STATEMENT OF CASH FLOWS

                                                        INTERNAL SERVICE FUNDS

                                                   For the Year Ended December 31,2007



                                                                                                         TOTAL
                                                                                                       INTERNAL
                                                                                                     SERVICE FUNDS


                                                                                                     $     2,787,722
                                                                                                             152,601
                                                                                                          (2,901,365)
                                                                                                             (12,572)
                                                                                                             26,386



                                                                                                           (147,398)
                                                                                                           (147,398)



                                                                                                             92,388
                                                                                                             92,388

                                                                                                             (28,624)

                                                                                                          2,060,459

                                                                                                     $    2,031,835




Reconciliation of operating income (loss)   to
     net cash provided (used) by operating activities:
  Operating income (loss)                                         $      (22,120)   $                $       (22,120)
  Changes in assets and Liabilities:
     Interfund receivables                                               17,701                               17,701
     Accounts payable - other                                            43,377                               43,377
     Accounts payable - supplier                                                          (12,572)           (12,572)

Net cash (used) by operating activities                           $      38,958      $    (12,572)   $        26,386




                                                                  132
              AGENCY FUNDS




Agency Funds account for the use of assets that are
held in the capacity of trustee, custodian or agent by
the County.
                                COMAL COUNTY, TEXAS

                              PURPOSES OF AGENCY FUNDS

                                      December 31,2007


Tax Collections Fund

   This fund is used to account for the accumulation and disbursement of ad valorem taxes.



Escrow Fund

   This fund is used to account for donations that are received and are restricted for specified
   purposes.



Family Protection Fund

   This fund is used to account for the accumulation and disbursement of fees collected on
   divorce cases. The fees collected are distributed annually to non-profit organizations that
   provide services to families, children, and abuse victims.



Sheriffs Office Narcotics Seizures Fund

   This fund is used to account for funds seized by the Sheriff's office during drug arrests. The
   funds are held until a court order directing the disbursement is received.



County Fee Officers' Account

   This fund is used to account for the accumulation and disbursement of fees, fines and other
   revenues collected by the various County offices.



Criminal District Attorney and Constables' Seizures Fund

   This fund is used to account for funds seized by the Criminal District Attorney or Constables
   during drug arrests. The funds are held until a court order directing the disbursement is
   received.




                                                133
                                                                 COMAL COUNTY, TEXAS

                                                                    AGENCY FUNDS

                                                               COMBINING BALANCE SHEET

                                                                   December 31,2007




                                            TAX                              FAMILY             S.O.             COUNTY FEE      C. D.A. and
                                        COLLECTIONS                        PROTECTION        NARCOTICS            OFFICERS'     CONSTABLES'
                                           FUND         ESCROW FUND           FUND            SEIZURES            ACCOUNT        SEIZURES          TOTALS

       ASSETS:


       Cash:

       Cash and cash equivalents        $   6,754,196   $    440,780   $        27,495   $        61,865     $      1,303,484   $     25,825   $    8,613,645
       Investments                                  -              -                                                 707,279               -         707,279

       Total assets                     $   6,754,196   $    440,780   $        27,495   $        61,865     $      2,010,763   $     25,825   $    9,320,924




       LIABILITIES AND FUND BALANCES:

       LIABILITIES:

       Accounts payables - trade        $           -   $     32,095   $                 $               -   $                  $              $      32,095
~
w
       Miscellaneous payables                206,946         206,621                 -                                  3,501                        417,068
....   Due to participants                          -              -                              61,865                    -         25,825          87,690
       Due to other agencies                6,547,250        202,064            27,495                   -              1,005                       6,777,814
       Cash bond deposits                           -              -                                                1,298,978                       1,298,978
       Trust account payable                                                         -                               707,279                         707,279

       Total liabilities                $   6,754,196   $    440,780   $        27,495   $       61,865      $      2,010,763   $     25,825   $    9,320,924
                                                                             COMAL COUNTY, TEXAS

                                                                                  AGENCY FUNDS

                                                      COMBINING STATEMENT OF CHANGES IN AGENCY ASSETS AND LIABILITIES

                                                                   For the Fiscal Year Ended December 31, 2007





                                                      TAX                                FAMILY             S.O.             COUNTY FEE      C. D. A. and
                                                  COLLECTIONS                          PROTECTION        NARCOTICS            OFFICERS'     CONSTABLES'
                                                     FUND           ESCROW FUND           FUND            SEIZURES            ACCOUNT        SEIZURES           TOTALS

       ADDITIONS:


          Properly taxes                          $   227,569,337   $              $                 $                   $                  $               $   227,569,337
          Auto registrations                            1,510,004              -                                     -                  -                         1,510,004
          Criminal fees                                                  150,841                                                3,205,750               -         3,356,591
          Civil fees                                                     224,311            12,690                                 79,148               -           316,149
          Restitution                                           -        339,018                                     -              4,152                           343,170
          Seizures                                                                                             9,573                                2,369            11,942
          Trust funds                                                                            -                   -             96,489               -            96,489
          Bond and registry accounts                            -              -                                     -          1,234,174                         1,234,174
          Miscellaneous fees                                    -         32,686                                                  148,086               -           180,772
             Total                                    229,079,341        746,856            12,690             9,573            4,767,799           2,369       234,618,628
       Investment earnings:
....
w         Interest                                                        15,066                               2,868               14,119           1,183            33,236
r.n
             Total investment earnings                          -         15,066                               2,868               14,119           1,183            33,236

                     Tolal additions                  229,079,341        761,922            12,690            12,441            4,781,918           3,552   ~651,864




       DEDUCTIONS:

       Properly taxes                                 226,431,831              -                 -                   -                                          226,431,831
       Auto registrations                               1,670,151                                                    -                  -               -         1,670,151
       Disbursements to other funds                             -         29,508                                     -          2,058,988                         2,088,496
       Restitution                                                       310,248                                                   14,041                          324,289
       Forfeitures                                                                               -             6,219                    -                             6,219
       Refunds                                                                                   -                   -            15,273                -            15,273
       Slate fees                                               -        281,286                 -                              1,051,669                         1,332,955
       Trust funds                                                             -                 -                               164,565                           164,565
       Bond and registry accounts                               -              -                                                 953,650                           953,650

       Miscellaneous payables                                             88,009                                                 401,027                           489,036

                     Tolal deductions                 228,101,982        709,051                              6,219             4,659,213                       233,476,465
                          Change in liabilities          977,359          52,871            12,690            6,222              122,705            3,552         1,175,399

       Liabilities - beginning                          5,776,837        387,909            14,805           55,643             1,888,058         22,273          8,145,525
       Liabilities - ending                       $     6,754,196   $    440,780   $        27,495   $       61,865      $      2,010,763   $     25,825    $     9,320,924
COMPONENT UNITS

                                                                                            COMAL COUNTY, TEXAS
                                                                                             COMPONENT UNITS
                                                                                     COMBINING STATEMENT OF NET ASSETS
                                                                                              December 31, 2007


                                                                                                                        Special Districts
                                                                                                                                                                                WATER
                                                       EMERGENCY           EMERGENCY          EMERGENCY           EMERGENCY          EMERGENCY             EMERGENCY           ORIENTED
                                                        SERVICES            SERVICES           SERVICES            SERVICES           SERVICES              SERVICES          RECREATION
                                                       DISTRICT #1         DISTRICT #2        DISTRICT #3         DISTRICT #4        DISTRICT #5           DISTRICT #6         DISTRICT            TOTALS
        ASSETS

        Cash:

              Cash and cash equivalents            $        247,744    $        130,028   $        419,000    $        202,386   $           89,465    $        271,168   $        558,532     $     1,918,323

              Investments                                          ­             19,729            215,337                                         -                                                  235,066

              With fiscal agent                             572,568             162,538            444,735             337,035              342,424             100,591                    -         1,959,891

        Receivables (net):

              Current ad valorem taxes                      692,853             224,231            616,637             411,660              406,576             120,502                    -        2,472,459

              Delinquent ad valorem taxes                    13,325              13,917             14,249              20,858               11,187               3,621                    -           77,157
              Accrued interest on

                     investments                                   ­                                                         -                    -                                   413                   413
              Use taxes                                            ­                  -                                                           -                   -              1,200               1,200

        Capital assets (net of accumulated depreciation)
.....         Land                                                                                  57,994                   -                    -                                192,836            250,830
w
Q)
              BUildings                                            ­             99,464             43,842                                        -                                 20,107            163,413

              Furniture, fixtures and equipment                                 237,305           1,000,665                  -                                                      11,692          1,249,662

              Construction in process                                                 -            191,228                                                            -                    -          191,228


        TOTAL ASSETS                                       1,526,490            887,212          3,003,687             971,939              849,652             495,882            784,780          8,519,642


        LIABILITIES

              Miscellaneous payables                                                               143,440                                                                            726             144,166

              Accrued interest on long term debt                   -                  -             21,869                                        -                   -                    -           21,869

              Unearned revenues                             706,178             238,148            838,163             432,518            417,763               124,123                    -        2,756,893

              Noncurrent liabilities:

                     Due within one year                                              -             97,446                   -                                        -                    -           97,446

                     Due in more than one year                                                     931,569                                        -                   -                    -          931,569


        Total Liabilities                                   706,178             238,148          2,032,487             432,518            417,763               124,123               726           3,951,943

        NET ASSETS

        Invested in capital assets,
              net of related debt                                               336,769            264,714                                                                        224,635             826,118

        Unrestricted                                        820,312             312,296            733,713             539,421            431,888               371,759           559,419           3,768,808


        Total net assets                           $        820,312    $        649,065   $        998,427    $        539,421   $     431,888
                                                                                                                                      __               $        371,759   $       784,054      $    4,594,926
                                                                                      COMAL COUNTY, TEXAS
                                                                                        COMPONENT UNITS
                                                                             COMBINING STATEMENT OF ACTIVITIES
                                                                            For the Fiscal Year Ended December 31,2007


                                                                                                                  Special Districts
                                                                                                                                                                          WATER
                                               EMERGENCY           EMERGENCY           EMERGENCY            EMERGENCY           EMERGENCY           EMERGENCY            ORIENTED
                                                SERVICES            SERVICES            SERVICES             SERVICES            SERVICES            SERVICES           RECREATION
                                               DISTRICT #1         DISTRICT #2         DISTRICT #3          DISTRICT #4         DISTRICT #5         DISTRICT #6          DISTRICT           TOTALS

       Expenses

         General govemment                 $         16,464    $         39,129    $         88,505     $          2,417    $           1,878   $          1,983    $        179,754    $      330,130

         Public safety                                                                     1,039,789             627,000              512,281            359,150              94,179          2,632,399

         Health and human services                  354,000             286,000                                                             -                  -             106,439           746,439

         Community and economic

                    development                                               -                                        -                    -                                 36,020            36,020

         Debt service                                     -                                  41,626                    -                                       -                                41,626


         Total component unit                      (370,464)           (325,129)          (1,169,920)           (629,417)           (514,159)           (361,133)           (416,392)        (3,786,614)

       General Revenues

            Ad valorem taxes                        933,300             420,339             900,424              880,967              710,588            250,490                             4,096,108

            Sales and use tax                             -                                 826,782                    -                    -            340,589             567,149         1,734,520
....
w           Interest on deposits                     10,449               8,672              21,083                4,257                1,981              5,496              18,478            70,416
""l
            Miscellaneous revenues                                        8,820             126,169                 232                                        -                               135,221


                  Total general revenues            943,749             437,831            1,874,458             885,456              712,569            596,575             585,627         6,036,265

                  Change in net assets              573,285             112,702             704,538              256,039              198,410            235,442             169,235         2,249,651

       Net assets - beginning                       247,027             536,363             293,889              283,382              233,478            136,317             614,819         2,345,275


       Net assets - ending                 $        820,312    $        649,065    $        998,427     $        539,421    $        431,888    $        371,759    $        784,054    $    4,594,926
(THIS PAGE INTENTIONALLY LEFT BLANK)

                  COMAL COUNTY, TEXAS

                    COMPREHENSIVE

                ANNUAL FINANCIAL REPORT

                                           2007


                          STATISTICAL SECTION
This part of Comal County's comprehensive annual 'financial report presents detailed
information as a context for understanding what the information in the financial
statements, note disclosures, and required supplementary information says about the
government's overall financial health. Where the information is available, ten years of
data is presented.

Contents                                                                                Page
Financial Trends                                                                         138
        These schedules contain trend information to help the reader understand how the
        County's financial performance and well-being have changed over time.

Revenue Capacity                                                                            144
      These schedules contain trend information to help the reader understand how the
      County's most significant local revenue source, the property tax.

Debt Capacity                                                                               148
       These schedules present information to help the reader assess the affordability of
       the County's current levels of outstanding debt and the County's ability to issue
       additional debt in the future.

Demographic and Economic Information                                                        152
      These schedules offer demographic and economic indicators to help the reader
      understand the environment within which the government's financial activities
      take place.

Operating Information                                                                       154
        These schedules contain service and infrastructure data to help the reader
        understand how the information in the County's financial report relates to the
        services the government provides and the activities it performs.
                                                                                  COMAL COUNTY, TEXAS

                                                                                NET ASSETS BY COMPONENT

                                                                                     LAST FIVE YEARS

                                                                                 (accrual basis of accounting)

                                                                               (amounts expressed in thousands)



                                                                  2003                      2004                       2005             2006             2007

       Governmental activities
            Invested in capital assets, net of related debt   $    100,236              $     101,970              $    102,187     $    106,215     $    107,720
            Restricted                                                   276                       228                        248              452              638
            Unrestricted                                             7,238                      7,008                     7,821           14,756           20,139

       Total governmental activities net assets               $    107,750              $     109,206              $    110,256     $    121,423     $    128,496



       Primary government
            Invested in capital assets, net of related debt   $    100,236              $     101,970              $    102,187     $    106,215     $    107,720
            Restricted                                                   276                       228                        248              452              638
            Unrestricted                                             7,238                      7,008                     7,821           14,756           20,139

       Total governmental activities net assets               $    107,750              $     109,206              $    110,256     $    121,423     $    128,496


....
w
011
                                                          COMAL COUNTY, TEXAS
                                                         CHANGES IN NET ASSETS
                                                             LAST FIVE YEARS
                                                         (accrual basis of accounting)
                                                       (amounts expressed in thousands)


                                                           2003                  2004               2005               2006               2007

Expenses
Governmental activities:
     General government                                $       6,842         $      6,446       $      6,549       $      7,246       $          6,928
     Justice system                                            4,061                4,787              4,676              4,746                  4,943
     Public safety                                             7,439                7,994              8,473              8,650              10,031
     Corrections and rehabilitation                            6,363                6,610              6,674              7,038                  7,526
     Health and human services                                    2,364                 2,511          2,388              2,715                  2,953
     Community and economic development                            403                   369                358                330                389
     Infrastructure and environmental services                    8,967             10,275             8,792              8,894                  8,007
     Interest on long-term debt                                    397                   366                278                252                620
Total governmental activities expenses                        36,836               39,358             38,187             39,871              41,397

Total primary government expenses                      $      36,836         $     39,358       $     38,187       $     39,871       $      41,397

Program Revenues
Governmental activities:
     Charges for services:
           General govemment                           $          1,700      $          2,108   $          2,331   $          3,522   $          3,256
           Justice system                                         2,663                 2,590              3,013              3,248              2,870
           Public safety                                          1,050                 1,004               865                836                756
           Corrections and rehabilitation                         1,263                  774               1,123              1,115               624
           Health and human services                               424                   431                450                563                472
           Community and economic development                       67                     58                 68                75                  80
           Infrastructure and environmental services               267                   548                953                503                 365
     Operating grants and contributions                           1,491                 2,558              1,487              2,254              2,105
     Capital grants and contributions                             2,784                 2,810              1,672              6,365              2,774
Total govemmental activities program revenues                 11,709                12,881             11,963             18,481             13,302

Total primary govemment program revenues               $      11,709         $      12,881      $      11,963      $      18,481      $      13,302

Net (expense) I revenue
Governmental activities:                               $     (25,127)        $     (26,477)     $     (26,225)     $     (21,390)     $     (28,095)

Total primary government net expense                   $     (25,127)        $     (26,477)     $     (26,225)     $     (21,390)     $     (28,095)

General Revenues and Other Changes in
     Net Assets
Govemmental activities:
     Taxes:
           Property taxes (ad valorem taxes)           $      16,372         $      18,000      $      19,176      $      21,984      $      23,291
           Sales and use taxes                                    3,768                 4,188              4,918              6,224              6,810
           Auto registration and title                            2,096                 2,120              2,068              2,332              2,414
           Mixed drink taxes                                       103                    129                138                158                187
           Bingo taxes                                               22                    20                 19                 18                 18
           Other taxes                                              267                   361                328               560                 388
     Reimbursements                                                  41                    26                 21                 37                264
     Interest on deposits                                           103                   151                398              1,017              1,710
     Miscellaneous revenues                                         174                   176                164                218                106
     Gain I (loss on sale of capital assets                        (175)                   52                 45                  8                (19)
Total governmental activities                                 22,773                25,223             27,275             32,556             35,169

Total primary govemment                                $      22,773         $      25,223      $      27,275      $      32,556      $      35,169

Change In Net Assets
Governmental activities                                $      (2,354)        $      (1,254)     $          1,050   $      11,166      $          7,074

Total primary govemment                                $      (2,354)        $      (1,254)     $          1,050   $      11,166      $          7,074

                                                                           139
                                                         COMAL COUNTY, TEXAS
                                             GOVERNMENTAL ACTIVITIES TAX REVENUES BY SOURCE
                                                             LAST TEN YEARS
                                                        (accrual basis of accounting)
                                                      (amounts expressed in thousands)


                  Property Tax
                  (Ad Valorem        Sales and Use   Auto Registration
       Year           Tax)                Tax            and Tille       Mixed Drink Tax       Bingo Tax            Other Taxes        Total
                                                                                                                                   -
       1998   $          9,338   $           2,722   $          1,659    $            46   $               29   $            163   $       13,957

       1999             10,154               3,048              1,628                 66                   25                268           15,189

       2000             11,367               3,355              1,721                73                    26                345           16,887

       2001             12,753               3,466              1,977                78                    25                241           18,541

       2002             14,428               3,534              1,925                 84                   24                283           20,279

       2003             16,372               3,768              2,096               103                    22                267           22,630

       2004             18,000               4,188              2,120               129                    20                361           24,818

       2005             19,176               4,918              2,068               138                    19                328           26,647

       2006             21,984               6,224              2,332               158                    18                560           31,276
....
""
Cl     2006             23,291               6,810              2,414               187                    18                388           33,109
                                                                                            COMAL COUNTY, TEXAS

                                                                                   FUND BALANCES OF GOVERNMENTAL FUNDS

                                                                                                LAST TEN YEARS

                                                                                       (modified accrual basis of accounting)

                                                                                         (amounts expressed in thousands)



                                                 1998             1999              2000             2001             2002             2003             2004             2005            2006            2007
                                                                                                                                                                                                     ---
        General fund
             Reserved                        $          707   $          117   $            83   $          124   $          59   $	          213   $           16   $          38   $          32   $          62
             Unreserved                            2,632            2,622              3,166            1,307           1,521                 229          (276)           1,345           6,619          10,442

        Total general fund                   $     3,339      $     2,738      $      3,249      $      1,431     $     1,580     $	          442   $      (260)     $     1,382     $     6,651     $    10,504




        All other governmental funds
             Reserved                              4,186      $          863               274   $      1,151     $     1,350     $           922   $          530   $     1,036     $     1,432     $    19,832
             Unreserved, reported in:
                  Special revenue funds            6,361            6,486             6,984            6,432            6,346            5,680            5,371            3,923           5,279           7,872

        Total all other governmental funds   $    10,547      ~     7,349      $      7,258      $     7,582      $     7,696     $      6,602      $     5,901      $     4,960     $     6,711     $    27,704


.....
....
.....
                                                                                               COMAL COUNTY, TEXAS
                                                                                CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
                                                                                                   LAST TEN YEARS
                                                                                          (modified accrual basis of accounting)
                                                                                            (amounts expressed in thousands)


                                                     1998              1999               2000               2001              2002             2003              2004             2005                        2006              2007
                                                                                                                                                                                                                             --­
     Revenues
     Taxes                                       $     13,957      $      15,189      $     16,887      $      18,541      $     20,279     $     22,566      $     24,757     $     26,647      $               31,365      $     33,099
     Fees of office                                     1,732              2,073             2,227              2,654             2,898            2,804             3,019            3,331                       4,038             4,056
     Charges for services                               3,161              1,854             2,152              2,240             2,291            4,594             4,452            5,356                       5,596             4,277
     Interest on deposits                                 850                 801                858                 575              172             93                 135              354                         924           1,618
     Grants and contributions                           2,384              2,397             4,343              3,095             3,104            4,275             2,781            1,877                       2,290             2,793
     Miscellaneous                                          153               108                150                 338              293              250               247              302                         484               313

     Total revenues                                    22,237            22,422             26,617             27,443            29,037           34,583            35,391           37,866                     44,697            46,155


     Expenditures
     General government                                 3,637              3,982             4,427              4,835             5,839            6,061             6,213           6,134                       6,890             6,673
     Justice system                                     2,433              2,751             3,043              3,399             3,724            4,025             4,443           4,639           -   ,~.
                                                                                                                                                                                                                 4,712             4,850
     Public safety                                      4,086              4,363             4,466              4,949             5,777            6,911             7,448           7,865                       8,009             9,190
     Corrections and rehabilitation                     2,960              3,857             4,618              4,944            5,588             6,181             6,714            6,503                      6,882             7,370
     Health and human services                          1,161              1,229             1,286              1,724            1,899             2,340             2,492            2,356                      2,699             2,893
~
".   Community and economic development                   341                 354              415                331              505                 387             323              309                        286               311
N
     Infrastructure and environmental services          2,796              3,738             3,649              3,913            4,337             5,612             6,210            5,149                      5,338             5,599
     Capital outlay                                     3,780              3,653             2,653              2,950             1,838            5,769             1,656            2,728                      1,423             3,456
     Debt service
          Principal                                     1,220                792                 760                 736              654              658           1,075            1,070                      1,110             1,125
          Interest                                          44             1,125                 905                 923              818              765               398              322                         309               221
          Administrative charges                                                                   -                   -                1               26                 2                2                           2                 3

     Total expenditures                                22,458            25,844             26,222             28,704           30,980            38,734            36,974          37,078                      37,660            41,691

     Excess of revenues over
                    (under) expenditures                 (221)            (3,422)                395           (1,261)           (1,943)          (4,151)           (1,583)               788                    7,037             4,464


     Other financing sources (uses)
     Transfers in                                       2,638              2,684               878                573             2,437            2,312             1,506            1,678                        563               207
     Transfers out                                     (2,638)            (2,684)             (878)              (573)           (2,437)          (2,312)           (1,506)          (1,831 )                     (686)              (60)
     Certificates of obligation issued, net             5,890                                                                                            -                                  -                           -         19,896
     Tax anticipation notes issued, net                       -                                    -                             2,500             1,700                   -                -                           -               304
     Debt issuance costs                                                        -                                                 (130)                (23)              37                21                         46                 31
     Sale of capital assets                                 92                61                  43                 67                52               27               52                45                         60                 32

     Total other financing sources (uses)               5,982                 61                  43                 67          2,422             1,705                 89               (87)                        (17)        20,410


     Net change in fund balances                 $      5,761      $      (3,361)    $           438    $      (1,194)     $          479   $     (2,446)     $     (1,494)    $          701    $               7,020       $    24,874

     Debt service as a percentage of
          non-capital expenditures •                6.8%                8.6%               7.1%               6.4%             5.1%             4.4%              4.2%             4.1%                        3.9%              3.5%
                     • This percentage does not include contributed infrastructure or county reconstructed roads.
                                                 COMAL COUNTY, TEXAS

                                    GENERAL GOVERNMENTAL TAX REVENUES BY SOURCE

                                                     LAST TEN YEARS

                                            (modified accrual basis of accounting)

                                             (amounts expressed in thousands)



                     Property Tax                        Auto
                     (Ad Valorem      Sales and Use   Registration   Mixed Drink
       Fiscal Year       Tax)              Tax         and Title        Tax            Bingo Tax    Other Taxes       Total


          1998       $     9,338       $     2,722    $      1,659   $        46   $           29   $       163   $     13,957

          1999            10,154             3,048           1,628            66               25           268         15,189

          2000            11,367             3,355           1,721            73               26           345         16,887

          2001            12,753             3,466           1,977            78               25           241         18,540

          2002            14,428             3,534           1,925            84               24           283         20,278

         2003             16,309             3,768           2,096           103               22          267          22,566

         2004             17,939            4,188           2,120            129               20          361          24,757

         2005             19,176            4,918           2,068            138               19          328          26,647

         2006             22,073             6,224          2,332            158               18          560          31,365
....
".
w        2007             23,281             6,810          2,414            187               18          388          33,099
                                                                COMAL COUNTY, TEXAS

                                           ASSESSED VALUE AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY

                                                                   LAST FIVE YEARS

                                                                                    (in thousands of dollars)


                                                                                                                                                                       Assessee
                                                                                  Personal              Less:        Total Taxable                    Estimated       Value' asa
                           Residential      Commercial           Agricultural    Commercial          Tax Exempt       Assessed       Total Direct   Actual Taxable   Percentage of
      Fiscal Year           Property         Property             Property        Property           Real Property       Value        Tax Rate          Value        Actual Value




         2003          $    5,074,290     $      171,334     $       462,511    $      298,045       $     881,783   $   5,124,397      0.288640    $    6,006,180         85.32%

         2004               4,722,671            617,962             807,909           294,319             966,801       5,476,060      0.288640         6,442,861         84.99%


         2005               4,751,665            668,943           1,088,249           329,351           1,081,568       5,756,640      0.303647         6,838,208         84.18%

         2006               6,324,426           1,517,393          1,794,368           348,489           1,023,332       8,961,344      0.315201         9,984,676        89.75%

         2007               7,514,969           1,556,327          1,955,908           790,416           2,336,243       9,481,377     0.317993         11,817,620        80.23%




-
t
    Sources: Comal County Tax Assessor-Collector, Comal Apprasial District
    Note: The Comal Apprasial District reassesses each property every three years at market value.
    Estimated actual value is calculated by adding the exempt property values to the total taxable assessed value.
    Tax rates are per $100 of assessed value.
                                                                                                          COMAL COUNTY, TEXAS

                                                                                                          PROPERTY TAX RATES

                                                                                                                        1
                                                                                                 DIRECT AND OVERLAPPING GOVERNMENTS

                                                                                                            LAST TEN YEARS


                                                         1998                1999                2000                2001               2002       2003       2004       2005       2006       2007

       Comal County
               Operating                                0.283822            0.283822            0.278822            0.289747            0.304747   0.305747   0.310058   0.329332   0.296224   0.262893
               Debt Service                             0.034281            0.034281            0.045359            0.034000            0.029000   0.028000   0.023682   0.024415   0.018977   0.055100
                    Total Comal County                  0.318103            0.318103            0.324181            0.323747            0.333747   0.333747   0.333740   0.353747   0.315201   0.317993

       School Districts:

       New Braunfels ISD                                1.507500            1.650000            1.640000            1.768000            1.921000   1.855000   1.820000   1.820000   1.820000   1.344860

       ComaiiSD                                         1.768000            1.880000            1.850000            1.850000            1.800000   1.830000   1.820000   1.800000   1.640000   1.310000

       Boeme ISD                                        1.380000            1.430000            1.520000            1.620000            1.665000   1.660000   1.620000   1.740000   1.620000   1.330000

       Cities:

       City of New Braunfels                            0.287940            0.298870            0.313120            0.320000        0.313600       0.318500   0.448329   0.425614   0.409862   0.409862

       City of Schertz                                  0.354400            0.345572            0.340500            0.352500        0.382500       0.382500   0.376000   0.397700   0.431700   0.409000

       City of Garden Ridge                             0.255800            0.257500            0.260000            0.253128        0.248870       0.235000   0.232460   0.232460   0.232460   0.221024

       City of Selma                                    0.450000            0.450000            0.390000            0.390000        0.370000       0.349000   0.319900   0.319300   0.286500   0.286500

       City of Fair Oaks Ranch                          0.257000            0.257000            0.267000            0.267000        0.267000       0.267000   0.257000   0.250000   0.250000   0.244000
....
".
       City of Bulverde East 1                          0.200000            0.180000
en
       City of Bulverde South    1                      0.180000            0.180000
       City of Bulverde 2                                                      -                0.160000            0.146360        0.148710       0.148710   0.187645   0.187645   0.178090   0.154181

       Special Districts:

       Emergency Services District #1                   0.020000            0.019900            0.019690            0.019280        0.019330       0.019915   0.020000   0.020000   0.020000   0.057500

       Emergency Services District #2                   0.020000            0.020000            0.020000            0.019700        0.019380       0.019999   0.020000   0.020000   0.018098   0.020000

       Emergency Services District #3        4          0.030000            0.030000            0.030000            0.029560        0.029100       0.030000   0.020000   0.020000   0.030000   0.055000

       Emergency Services District #4        4          0.030000            0.030000            0.030000            0.030000        0.030000       0.030000   0.030000   0.060000   0.060000   0.060000

       Emergency Services District #5 3                 0.030000            0.030000            0.030000            0.030000        0.045000       0.048500   0.052000   0.055000   0.053900   0.079000

       Emergency Services District #6        4          0.030000            0.030000            0.030000            0.030000        0.030000       0.030000   0.030000   0.030000   0.028029   0.027482



       1 The   first year of incorporation
       2   The cities of Bulverde East and Bulverde South combined to form the City of Bulverde
       3   The voters of the district voted to convert from a Rural Fire Prevention District to an Emergency Service Districts.
       4   The Texas legislature passed legislation converting Rural Fire Prevention Districts to Emergency Service Districts in 2003


       Sources: Comal County Tax Assessor-collector, City of New Braunfels, New Braunfels ISD. ComaiISD, City of Schertz,
                    City of Garden Ridge, City of Selma, City of Fair Oaks Ranch, City of Bulverde, Comal Apprasial District
                                                       COMAL COUNTY, TEXAS
                                                  PRINCIPAL PROPERTY TAXPAYERS
                                                          December 31, 2007

                                                    (amounts expressed in thousands)


                                                        2006                                            1998
                                                                    Percentage of                              Percentage of
                                      Taxable
                      Total Taxable            Taxable           Total Taxable
                                     Assessed
                       Assessed               Assessed            Assessed
TAXPAYER                               Value
          Rank             Value                 Value     Rank       Value

Walmart Inc.                        $	   77,845                        0.821%           $      63,819             1.96%

Republic Beverage Company                45,279          2             0.478%

Cemex Cement of Texas lP                 43,759          3             0.462%

TXI Cement Company                       40,621          4             0.428%                  40,124    2        1.23%

Walmart Stores East lP                   24,869          5             0.262%

Weisman Equipment Co                     19,202          6             0.203%                  15,960    10       0.49%

Chemical lime                            17,598          7             0.186%

Guadalupe Valley Telephone Co-op         16,909          8             0.178%                  25,301    4        0.78%

Pedernales Electric Co-op, Inc           16,084          9             0.170%

New Braunfels Marketplace, lP            12,617         10             0.133%

Coleman Company                                                                                26,779    3        0.82%

Sunbelt Cement I SGE                                                                           23,309    5        0.71%

Sunbelt Cement I Shawmut!                                                                      23,309    6        0.71%

Southwestem Bell Telephone Co.                                                                 19,632    7        0.60%

APG lime Corporation                                                                           19,304    8        0.59%

Cornerstone C & M Inc                                                                          16,775    9        0.51%




Sources: Comal County Tax Assessor-Collector
                                                                 146
                                                  COMALCOUNTY,TEXAS
                                           PROPERTY TAX LEVIES AND COLLECTIONS
                                                     LAST TEN YEARS
                                               (amounts expressed in thousands)


                                                   Collected within the
                                                 Fiscal Year of the Levy                                Total Collections to Date
 Fiscal Year                                                                     Collections in
   Ended             Total Tax Levy                              Percentage of   Subsequent                              Percentage of
December 31          for Fiscal Year           Amount                Levy            Years            Amount                 Levy


    1998             $      10,357        $       7,450              71.9%       $       2,895    $     10,345              99.88%

    1999                    10,541                8,624              81.8%               1,894          10,518              99.78%

    2000                    11,541                7,778              67.4%               3,730          11,508              99.71%

    2001                    14,462               10,742              74.3%               3,674          14,416              99.68%

    2002                    16,488               12,001              72.8%               4,435          16,436              99.68%

    2003                    17,873               12,089              67.6%               5,716          17,805              99.62%

    2004                    19,222                8,421              43.8%              10,718          19,139              99.57%

    2005                    22,317                8,110              36.3%              14,078          22,188              99.42%

    2006                    23,288                8,753              37.6%              14,253          23,005              98.78%

    2007                    27,487               12,432              45.2%                              12,432              45.23%




Sources: Comal County Tax Assessor-Collector
                                                           COMAL COUNTY, TEXAS

                                                  RATIOS OF OUTSTANDING DEBT BY TYPE

                                                              LAST TEN YEARS

                                            (amounts expressed in thousands, except per capita amount


                                        Governmental Activities

                           General

                          Obligation
                                                                               Percentage of
                          Refunding                               Certtificates of        Total Primary               Personal
                                                                                                                             l          Per Capital
                            Bonds           Notes Payable          Obligation             Government                  Income


         1996         $         1,600       $         670         $        6,000          $       6,670                   0.452%    $           119

         1999                   1,333                 665                  5,660                  7,676                   0.364%                104

         2000                     903                 455                  5,760                  7,116                   0.309%                 90

         2001                     507                 235                  5,640                  6,362                   0.270%                 76

         2002                     206               2,400                  5,520                  8,126                   0.329%                 96

         2003                                       2,150                  5,320                  7,470                   0.273%                 65

         2004                                       3,465                  4,630                  6,095                   0.272%                 66

         2005                                       2,660                  4,145                  7,025                   0.225%                 73

         2006                                       2,260                  3,635                  5,915                   0.176%                 56

         2007                                       1,690                23,290                  24,960                   0.664%                237




Note: Details regarding the county's outstanding debt can be found in the notes to the financial statements.

I   See the Schedule of Demographic and Economic Statistics on page 152 for personal income and population data.





                                                                              148
                                                   COMALCOUNTY,TEXAS

                                      RATIOS OF GENERAL BONDED DEBT OUTSTANDING

                                                      LAST TEN YEARS

                                    (amounts expressed in thousands, except per capita amount




                                                                                                      Percentage of
                                                Less: Amounts                                        Estimated Actual
                                                                                                                   1
                     General Obligation        Available in Debt                                     Taxable Value of
                          Bonds                  Service Fund                  Total                     Property                 Per Capita


         1998        $           7,800        $             736         $              7,064                nla               $                93

         1999                    7,213                       31                        7,182                nla                                91

        2000                     6,663                       69                        6,594                nla                                81

        2001                     6,147                      209                        5,938                nla                                70

        2002                     5,728                      284                        5,444                nla                                62

        2003                     5,320                      271                        5,049             0.0886%                               55

        2004                     4,630                      349                        4,281             0.0719%                               45

        2005                     4,145                      477                        3,668             0.0643%                               40

        2006                     3,635                    1,132                        2,503             0.0564%                               25

         207                    23,290                    2,359                    20,931                0.3406%                           199




Note: Details regarding the county's outstanding debt can be found in the notes to the financial statements.


1 See   the Schedule of Assessed Value and Estimated Actual Value of Taxable Property on page 143 for property value data.

2 See   the Schedule of Demographic and Economic Statistics on page 152 for popUlation data.





                                                                      149
                                                      COMAL COUNTY, TEXAS

                                    DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT

                                                       As of December 31, 2007

                                       (amounts expressed in thousands, except per capita amount)



                                                                                                   Estimated         Estimated Share
                                                                                                   Percentage         of Overlapping
Governmental Unit
                                                    Debt Outstanding             Applicable              Debt

Debt repaid with property taxes:


     Cities:

           City of New Braunfels                                       $         34,275                   99.33%     $        34,045

           City of Schertz                                                       35,465                   10.74%               3,809

           City of Garden Ridge                                                    4,000                 100.00%               4,000

           City of Selma                                                           5,465                   0.51%                 28

           City of Bulverde                                                         432                  100.00%                432

           City of Fair Oaks Ranch                                                 3,040                   5.00%                152

     School districts:

           New Braunfels ISO                                                     101,195                  95.57%              96,712

           ComaiiSD                                                              366,912                  86.39%             316,976

           Boeme ISO                                                             132,484                    0.51%               676

Subtotal, overlapping debt                                                                                                   456,830


Comal County direct debt                                                          24,980                 100.00%              24,980


Total direct and overlapping debt                                                                                    $       481,810




Sources: Comal County Tax Assessor-collector, City of New Braunfels, New Braunfels ISO, ComaiISD, City of Schertz,

           City of Garden Ridge, City of Selma, City of Bulverde, Comal Apprasial District




                                                                           150
                                                                                               COMAL COUNTY, TEXAS
                                                                                             DEBT MARGIN INFORMATION
                                                                                                  LAST TEN YEARS
                                                                                            (amounts expressed in thousands)


                                                   1998           1999           2000              2001           2002             2003             2004                    2005             2006           2007
                                                                                                                                                                                                        -
       Debt limit                              $    163,110   $    166,010   $    177,889      $    223,657   $    247,321     $    268,071     $     273,803        $       287,832     $    287,832   $    474,069

       Total net debt applicable to limit             8,155          8,408          7,638             6,812          8,549            9,757             7,746                  6,676            4,783         22,621

       legal debt margin                            154,955        157,602        170,251           216,845        238,772          258,314          266,057                 281,156          283,049        451,448


       Total net debt applicable to limit
               as a percentage of debt limit       5.00%          5.06%          4.29%             3.05%          3.46%            3.64%            2.83%                   2.32%            1.66%          4.77%



                                                                                                                                              Debt Margin Calculation for Fiscal Year 2007

                                                                                                                                               Assessed valuation                                       $   9,481,377




....
en
                                                                                                                                               Debt limit (5% of assessed valuation)                         474,069
....                                                                                                                                           Debit applicable to limit:

                                                                                                                                                    Total bond and warrant indebtedness                       24,980

                                                                                                                                                    less: debt service fund reserved fund balance              (2,359)


                                                                                                                                                    Total net debt applicable to limit                        22.621


                                                                                                                                               legal debt margin                                        $    451,448
                                   COMAL COUNTY, TEXAS

                            DEMOGRAPHIC AND ECONOMIC STATISTICS

                                     LAST TEN YEARS





                                 Personal Income
                                     (amounts            Per Capita
                                  expressed in            Personal      School      Unemployment
             Population 1          thousands)2            Income2     Enroliment3      Rate4

1998           72,954            $    1,919,231              26,307        15,607       2.6%

1999           75,919                 2,054,560              27,063        16,189       2.3%

2000           78,788                 2,295,679              29,137        16,488       2.1%

2001           81,729                 2,364,244              28,928        16,718       3.5%

2002           84,719                 2,471,331              29,171        17,091       5.0%

2003           87,785                 2,588,177              29,486        17,673       4.3%

2004           91,806                 2,729,762              31,096        18,437       4.0%

2005           96,018                 3,116,936              32,462        19,736       3.6%

2006           101,181                3,290,608              32,522        20,174       3.3%

2007           105,187                3,578,000              35,754        22,430       3.5%




1 New   Braunfels Chamber of Commerce
2Bureau of Economic Analysis I County estimates
3   Texas Education Agency
4   Texas Workforce Commission




                                                   152
                                                             COMAL COUNTY, TEXAS
                                                             PRINCIPAL EMPLOYERS
                                                              DECEMBER 31, 2007
                                                          CURRENT AND NINE YEARS AGO


                                                               2007                                      1998


                                                                            Percentage of                       Percentage of
                                                                            Total County                        Total County
EMPLOYER                                      Employees        Rank         Employment      Employees    Rank   Employment

ComaiiSD                                          1,776                        4.05%            1,080              2.89%

Wal-Mart Distribution Center                      1,200         2              2.74%              900     2        2.40%

New Braunfels ISD                                   885         3              2.02%              670     4        1.79%

The Scooter Store                                   870         4              1.98%

Hunter Industries I Colorado Materials, Inc         550         5              1.25%              500     5        1.34%

Comal County                                        531         6              1.21%              358     7        0.96%

City of New Braunfels                               511         7              1.16%

HD Supply Call Center                               450         8              1.03%

Checks in the Mail, Inc.                            330         9              0.75%              450     6        1.20%

Ashley Fumiture Homestores                          200         10             0.46%

Mission Valley Textiles                                                                           722     3        1.93%

Lightning Metal Specialties                                                                       329     8        0.88%

NBGS, International, Inc                                                                          314     9        0.84%

Coleman Co., Inc                                                                                  260     10       0.69%

                                                  7,303                        16.65%            5,583             14.92%




Source: Greater New Braunfels Chamber of Commerce




                                                                      153
                                                                                   COMAL COUNTY, TEXAS

                                                             FULL-TIME EQUIVALENT COUNTY GOVERNMENT EMPLOYEES 1 BY FUNCTION

                                                                                     LAST TEN YEARS





                                                             1998       1999       2000       2001       2002       2003       2004       2005       2006        2007

       Function

       General government                                       65         67         74         78         83         82         83         86         86          87

       Justice system                                           64         67         67         77         85         80         83         87         88          92

       Public safety                                            84         95        100        110        121        130        131        129        133         139

       Corrections and rehabilitation .                         70         91         91         96        116        117        117        116        116         117

       Health and human services                                18         18         16         17         19         20         20         21         23          28

       Community and economic development                           6          6          7          7          7          7          7          7          7           7

       Infrastructure and environmental services                51         56         61         62         69         71         77         77         77      _ _79

                                                               358        400        416        447        500        507        518        523        530         549


....
en
~




       1 2007   Comal County Budget - Authorized positions
                                                     COMAL COUNTY, TEXAS

                                                OPERATING INDICATORS BY FUNCTION

                                                        LAST FIVE YEARS



                                                                         2003
        2004
     2005     2006     2007

Function
JUSTICE SYSTEM
  County courts
    Civil cases

           Filed
                                                          669
         465
      912    1,084      971

           Disposed
                                                       811
         396
      606      780      936

    Criminal cases

           Filed
                                                         2,198
      2,203
    2,382    2,268     2,182

          Appealed
                                                          16
         31
       57       73       127

          Motions to revoke
                                                409
        398
      443      418       358

           Disposed
                                                      2,326
      2,293
    2,632    2,923     2,784

    Probate cases

           Filed
                                                          381
         336
      380      347      351

           Hearings
                                                       426
         357
      434      402      398

    Mental health cases

           Filed
                                                              109
     122
      110      129      116

           Hearings
                                                            10

  District courts
    Civil cases
           New cases filed                                                1,474
       1,541
    1,730    1,716    1,852

           Other cases reaching docket                                      236
         245
      266      275      272

           Disposed
                                                      1,481
       1,614
    1,816    1,742    1,818

    Criminal cases

           Filed by indictment
                                                379
     307
      307      148      362

           Filed by information
                                                49
      43
       54       90      271

           Motions to revoke
                                                  205
     258
      225      228      281

           Disposed
                                                           676
     645
      557      556      915

    Juvenile cases

           New petitions filed
                                                 85
     148
       99      105       115

           Motions to revoke
                                                   32
      30
       42       43        40

           Other cases added
                                                  105
      96
        2       15        26

           Disposed
                                                           152
     183
      168      169       177

  Justice of the Peace courts

    Civil cases

           New cases filed
                                                    553
     711
      769      837     1,174

          Appealed
                                                              2
       4
        4        5         2

           Disposed
                                                           446
     429
      623      768       893

    Criminal cases

           Traffic cases filed                                           19,945
      17,736
   21,782   17,640   14,276

           Non-traffic cases filed                                        5,406
       5,743
    5,130    4,788    4,053

          Appealed                                                           17
          10
       29       39       24

           Disposed                                                      22,061
      21,462
   24,464   23,368   20,216

PUBLIC SAFETY
  Arrests                                                                 7,639        7,184     7,669    7,195    6,584
  Traffic violations                                                     22,208       20,396    15,725   18,139   15,612
CORRECTIONS AND REHABILITATION
  Inmates housed (average number per day)                                      245
     221
      237      255       241

  Juvenile referrals                                                           392
     451
      411      476       640

HEALTH AND HUMAN SERVICES
  Public health

    Immunizations
                                                       21,328       18,734    18,893   15,794   17,731
    Other services
                                                       3,523        3,599     3,594    3,064    2,266
  Environmental health

    Septic tank permits issued
                                           1,118        1,173     1,318    1,490    1,371
    Septic tank inspections
                                              2,792        3,187     3,766    3,934    3,427
  Animal control

    Calls for service
                                                    2,856
       2,599
    2,569    3,228    3,885

    Citations
                                                              534
         664
      689      770      775

    Animals picked up
                                                    2,302
       2,522
    2,075    1,983    2,311





Sources: Various County departments
Note: Indicators are not available for the general govemment function


                                                                        155

                                                            COMAL COUNTY, TEXAS

                                                    CAPITAL ASSET STATISTICS BY FUNCTION

                                                              LAST FIVE YEARS





                                                                         2003        2004         2005        2006        2007
                                                                                     I

Function

Justice system
     Courtrooms                                                                 9            9           9           9           9

Public safety
     Stations                                                                    1           1            1           1           1
     Patrol units                                                               67          67           67          67          70
     Other units (Administrative & C.I.D.)                                      23          23           23          24          30
     Reserve units                                                              24          24           24          24          21

Corrections and rehabilitation
    Correctional facilities                                                      2           2            2           2           2
    Transport units                                                              8           8            8           8           8

Health and human services
     Clinics                                                                                 2            2           2           2

Community and economic development
     Parks
          Major parks                                                           2             2          2           2           2
          Other park property (FEMA bUYouts of flooded properties)            30            30         30          30          30
     Major parks acreage                                                    102.8         102.8      102.8       102.8       124.0
     Baseball fields                                                           11            11         11          11          11
     Soccer fields                                                             19            19         19          19          19
     Football fields                                                            2             2          2           2           2
     Extension service facilities                                               1             1          1           1           1
          Facilities                                                            3             3          3           3           3
           Acreage                                                             20            20         20          20          20

Infrastructure and environmental services
     Road (miles)                                                          727.68        737.49     743.16      769.79      778.57
     Bridges                                                                    8             8          9           9           9
     Flood control structures                                                   5             5          5           5           5
     Recycling facilities                                                       1             1          1           1           1




Sources: Various government departments
Note: Indicators are not available for the general government function




                                                                            156
  COMAL COUNTY, TEXAS

    COMPREHENSIVE

ANNUAL FINANCIAL REPORT

          2007





FEDERAL AWARDS SECTION
(THIS PAGE INTENTIONALLY LEFT BLANK)

HOLTMAN, WAGNER & COMPANY, L.L.P.
Certified Public Accountants


876 Loop 337 Building 501
New Braunfels, Texas 78130
830-625-1182
Fax 830-625-1498




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

To the Honorable County Judge and Commissioners
Comal County, Texas

We have audited the financial statements of the governmental activities, the business-type
activities, the aggregate discretely presented component units, each major fund, and the
aggregate remaining fund information of Comal County, Texas (the "County"), as of and
for the year ended December 31, 2007 which collectively comprise Comal County,
Texas' basic financial statements and have issued our report thereon dated April 3,2008.
We conducted our audit in accordance with auditing standards generally accepted in the
United States of America and the standards applicable to financial audits contained in
Government Auditing Standards, issued by the Comptroller General of the United States.

Internal Control Over Financial Reporting

In planning and performing our audit, we considered Comal County, Texas' internal
control over financial reporting as a basis for designing our auditing procedures for the
purpose of expressing our opinions on the financial statements and not to provide an
opinion on the effectiveness of the County's internal control over financial reporting.
Accordingly, we do not express an opinion on the effectiveness of Comal County, Texas'
internal control over financial reporting.

A control deficiency exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions,
to prevent or detect misstatements on a timely basis. A significant deficiency is a control
deficiency, or combination of control deficiencies, that adversely affects the County's
ability to initiate, authorize, record, process, or report financial data reliably in
accordance with generally accepted accounting principles such that there is more than a
remote likelihood that a misstatement in the County's financial statements that is more
than inconsequential will not be prevented or detected by Comal County, Texas' internal
control.

A material weakness is a significant deficiency, or combination of significant
deficiencies, that results in more than a remote likelihood that a material misstatement of



                                            157
the financial statements will not be prevented or detected by Comal County, Texas'
internal control.

Our consideration of internal control over financial reporting was for the limited purpose
described in the first paragraph of this section and would not necessarily identify all
deficiencies in internal control over financial reporting that might be significant
deficiencies or material weaknesses. We did not identify any deficiencies in internal
control over financial reporting that we consider to be material weaknesses, as defined
above.

Compliance and Other Matters

As part of obtaining reasonable assurance about whether Comal County, Texas' financial
statements are free of material misstatement, we performed tests of its compliance with
certain provisions of laws, regulations, contracts, and grant agreements, noncompliance
with which could have a direct and material effect on the determination of financial
statement amounts. However, providing an opinion on compliance with those provisions
was not an objective of our audit, and accordingly, we do not express such an opinion.
The results of our tests disclosed an instance of noncompliance or other matters that is
required to be reported under Government Auditing Standards which is described in the
accompanying schedule of findings and questioned costs as item 07-1.

We also noted certain additional matters that we reported to management of Comal
County, Texas in a separate letter dated April 3, 2008.

Comal County's response to the finding identified in our audit is described in the
accompanying schedule of findings and questioned costs. We did not audit the County's
response and, accordingly, we express no opinion on it.

This report is intended solely for the information and use of the audit committee,
management, Commissioners' Court, and federal awarding agencies and pass-through
entities and is not intended to be and should not be used by anyone other than these
specified parties.




New Braunfels, Texas
April 3, 2008




                                           158
HOLTMAN, WAGNER & COMPANY, L.L.P.

Certified Public Accountants


876 Loop 337 Building 501
New Braunfels, Texas 78130
830-625-1182
Fax 830-625-1498


REPORT ON COMPLIANCE WITH REQUIREMENTS
APPLICABLE TO EACH MAJOR PROGRAM AND INTERNAL CONTROL
OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133

To the Honorable County Judge and Commissioners
Comal County, Texas:

Compliance

We have audited the compliance of Comal County, Texas with the types of compliance
requirements described in the U. S. Office of Management and Budget (OMB) Circular
A-B3 Compliance Supplement that are applicable to each of its major federal programs
for the year ended December 31, 2007. Comal County Texas' major federal programs are
identified in the summary of auditors' results section of the accompanying schedule of
findings and questioned costs. Compliance with the requirements of laws, regulations,
contracts, and grants applicable to each of its major federal programs is the responsibility
of Comal County, Texas' management. Our responsibility is to express an opinion on
Comal County Texas' compliance based on our audit.

We conducted our audit of compliance in accordance with auditing standards generally
accepted in the United States of America; the standards applicable to financial audits
contained in Government Auditing Standards, issued by the Comptroller General of the
United States; and OMB Circular A-B3, Audits ofStates, Local Governments, and Non­
Profit Organizations. Those standards and OMB Circular A-B3 require that we plan and
perform the audit to obtain reasonable assurance about whether noncompliance with the
types of compliance requirements referred to above that could have a direct and material
effect on a major federal program occurred. An audit includes examining, on a test basis,
evidence about Comal County, Texas' compliance with those requirements and
performing such other procedures as we considered necessary in the circumstances. We
believe that our audit provides a reasonable basis for our opinion. Our audit does not
provide a legal determination on Comal County, Texas' compliance with those
requirements.

In our opinion, Comal County, Texas, complied, in all material respects, with the
requirements referred to above that are applicable to each of its major federal programs
for the year ended December 31, 2007.




                                            159
Internal Control Over Compliance

The management of Comal County, Texas, is responsible for establishing and
maintaining effective internal control over compliance with requirements of laws,
regulations, contracts, and grants applicable to federal programs. In planning and
performing our audit, we considered Comal County, Texas' internal control over
compliance with requirements that could have a direct and material effect on a major
federal program in order to determine our auditing procedures for the purpose of
expressing our opinion on compliance but not for the purpose of expressing an opinion on
the effectiveness of internal control over compliance. Accordingly we do not express an
opinion of the effectiveness of the County's internal control over compliance.

A control deficiency exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions,
to prevent or detect noncompliance with a type of compliance requirement of a federal
program on a timely basis. A significant deficiency is a control deficiency, or
combination of control deficiencies, that adversely affects the County's ability to
administer an federal program such that there is a more than remote likelihood that
noncompliance with a type of compliance requirement of a federal program that is more
than inconsequential will not be prevented or detected by Comal County, Texas' internal
control.

A material weakness is a significant deficiency, or combination of significant
deficiencies, that results in more than a remote likelihood that a material noncompliance
with a type of compliance requirement of a federal program will not be prevented or
detected by the entities internal control.

Our consideration of the internal control over compliance was for the limited purpose
described in the first paragraph of this section and would not necessarily identify all
deficiencies in internal control that might be significant deficiencies or material
weaknesses. We did not identify any deficiencies in internal control over compliance that
we consider to be material weaknesses, as defined above.

This report is intended solely for the information and use of the management,
Commissioners' Court, and federal awarding agencies and pass-through entities and is
not intended to be and should not be used by anyone other than these specified parties.

New Braunfels, Texas


 J./uJ;mONV   kheptW I ~~          LLP

April 3, 2008




                                          160
                               COMAL COUNTY

                SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

                              DECEMBER 31, 2007



Federal Grantor!                                           Pass Through
   Pass-Through Grantor!                                    Identifying                      FEDERAL
       Program Title                                          Number          CFDA         EXPENDITURE

U.S. Department of Homeland Security
   Passed through the Texas Department of
   public Safety, Division of Emergency Management
       Emergency Management Performance Grant            2006 EM-E6-0026      83.552   $          39,609
       Homeland Security Bioterrorism                     74600177532006      93.283              42,850
       Homeland Security Bioterrorism                     74600177532005      93.283             114,604

   Passed through Alamo Area Council of Governments
       Urban Area Security Initiative TEEX          2005 UASI-48091           97.067              973,821
       Urban Area Security Initiative TEEX          2006 UASI-48091           97.067              289,581
       Total Homeland Security                                                                  1,460,465

U. S. Department of Justice:
       Law Enforcement Block Grant                             Direct         16.592                5,313
       Bullet Proof Vests                                      Direct         16.607                4,444
       Total U. S. Department of Justice                                                            9,757

Health and Human Services
  Passed through Texas Department of State Health Services
       DSHS Immunization Grant                           2007-021023          93.268             282,563

   Passed through Texas Juvenile Probation Commission
       Title IV-E Grant                               TJPCE2006-046           93.658             163,984

   Passed through Office ofthe Attorney General of Texas
       Child Support Enforcement Division                       None          93.563               7,207
       Total Health and Human Services                                                           453,754

U. S. Elections Assistance Commission
   Passed through Texas Secretary of State
        Help America Vote Act                                  578N1          90.401               25,315
        Total U. S. Elections Assistance Commission                                                25,315

       Total expenditures of Federal awards                                            $        1,949,291

       See accompanying note to Schedule of Expenditures of Federal Awards.




                                                              161
                                           COMAL COUNTY

                        NOTE TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS

                                          For the Year Ended

                                          December 31, 2007





Basis of Presentation


The accompanying schedule of expenditures of federal awards includes the federal grant activity of Comal
County, Texas and is presented on the modified accrual basis of accounting. The information in this
schedule is presented in accordance with the requirements of OMB Circular A-133, AUDITS OF STATES,
LOCAL GOVERNMENTS, AND NON-PROFIT ORGANIZATIONS. Therefore, some amounts presented in
this schedule may differ from amounts presented in, or used in the preparation of, the general purpose
financial statements.




                                                     162
                                COMAL COUNTY

                  SCHEDULE OF FINDINGS AND QUESTIONED COSTS

                                For the Year Ended

                                December 31, 2007





        PROGRAM / ITEM NUMBER                                      DESCRIPTION

Summary of Auditor's results:

Type of report on financial statements            Unqualified

Significant deficiency                            None

Material weaknesses involving significant         None
deficiency

Noncompliance material to the financial           None
statement

Type of report on compliance with Major           Unqualified
 Programs

Findings and questioned costs for Federal         None
awards as defined in OMB Circular A-133

Dollar threshold considered between type          $300,000
A and type B programs

Low risk auditee statement                        Yes

Major Federal programs                            Urban Area Security Initiative

Pass through entity                               Alamo Area Council of Governments

Noncompliance item #07-1                          Deficit fund balances were noted in the
                                                   following funds:

                                                    DHS Immunization Grant Fund
                                                    Regional Habitat Conservation Plan
                                                    TJPC Community Program X

Federal Award Questioned Cost                     None




                                            163
                                    COMAL COUNTY

                                CORRECTIVE ACTION PLAN

                                   For the Year Ended

                                   December 31, 2007





          PROGRAM liTEM NUMBER                                             PLAN

07-1 Deficit fund balances were noted in the
     following funds:

     DSHS Immunization Grant Fund                    In the subsequent fiscal year, the County
     Regional Habitat Conservation Plan              Auditor has liquidated the deficits through
     TJPC Community Program X                        general fund transfers.




                                               164
                                   COMAL COUNTY

                            STATUS OF PRIOR YEAR FINDINGS

                                   For the Year Ended

                                   December 31, 2006





           PROGRAM / ITEM NUMBER                                         PLAN



06-1 Deficit fund balances were noted in the         The County Auditor has liquidated the deficits
     following funds:                                through subsequent bond issue reimbursements,
                                                     and by general fund transfers.
     DSHS Immunization Grant Fund
     Capital Projects Fund




                                               165