comprehensive annual financial report comprehensive annual financial report

307 Pages·2015·19.91 MB·English

CCOOMMPPRREEHHEENNSSIIVVEE AANNNNUUAALL
FFIINNAANNCCIIAALL RREEPPOORRTT
FFOORR TTHHEE FFIISSCCAALL YYEEAARR EENNDDEEDD JJUUNNEE 3300,, 22001144
JJUULLIIEE VVAALLVVEERRDDEE
DDIIRREECCTTOORR OOFF FFIINNAANNCCEE
Photo Credit: Teresa Doan, Sr. Accountant
Department of Finance, Auditor-Controller Division

“This picture was taken along the American River Parkway near the Effie Yeaw Nature Center on
September 25th, 2013, during my son’s 3rd grade field trip. We learned about the Nisenan Indians
who formerly lived along the river and survived here for centuries. The Nisenan lived off the land,
sustaining themselves with the acorns, turkeys, salmon and other animals they could find along the
American River. We hiked through a short walking trail to see deer, coyotes, wild turkeys,
songbirds, woodpeckers, etc… We observed the river and learned that each year, this river serves as
a home to many migrating salmon. It was a delightful experience to learn about the Nisenan and
these amazing fish and their remarkable life cycle on this river.” ~ Teresa

Cover Design: Chris Baker, Geographic Information Systems Analyst II
Department of Community Development, Planning and Environmental Review
Julie Valverde, Director of Finance
COUNTY OF SACRAMENTO
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED JUNE 30, 2014
Table of Contents
....T...A..B...L..E.. .O...F... .C..O...N...T..E..N...T..S..................................................................................................................................................................i.....................................................................................................................................................................................................................................................................................................................
INTRODUCTORY SECTION
........T...o.. .t.h..e. .C...i.t.i.z..e..n..s.. .o..f. .S..a..c..r.a..m...e..n..t.o.. .C..o..u..n..t..y....................................................................................................................................v..i.i.....................................................................................................................................................................................................................................................................................................................
........C...e..r.t.i.f..i.c.a..t.e.. .o..f. .A...c..h..i.e..v..e..m...e..n..t. .f.o..r. .E...x..c..e.l.l..e.n..c..e.. .i.n.. .F..i.n..a..n..c..i.a..l. .R..e..p..o..r..t.i.n..g.....................................................................................x..x..v..i.i.....................................................................................................................................................................................................................................................................................................................
........O...r..g..a.n..i.z..a..t.i.o..n..a..l. .C...h..a.r..t..........................................................................................................................................................x..x..v..i.i.i.....................................................................................................................................................................................................................................................................................................................
........L...i.s.t. .o..f.. .P..u..b..l.i.c.. .O...f.f.i.c..i.a..l.s..........................................................................................................................................................x..x..i.x......................................................................................................................................................................................................................................................................................................................
........A...c..k..n..o..w...l.e.d..g..e..m...e..n..t.................................................................................................................................................................x..x..x......................................................................................................................................................................................................................................................................................................................
FINANCIAL SECTION
.........I.n..d..e..p..e..n..d..e.n..t.. .A..u..d..i..t.o..r.s..' .R...e..p..o..r.t....................................................................................................................................................1.....................................................................................................................................................................................................................................................................................................................
.........M...a..n..a..g..e..m...e..n..t.'s.. .D...i.s..c.u..s..s.i..o..n.. .a.n..d.. .A...n..a..l.y..s.i..s. .(.R...e..q..u..i.r.e..d.. .S..u..p..p..l.e..m...e..n..t.a..r.y.. .I.n..f..o..r.m...a..t.i.o..n..).....................................................................5.....................................................................................................................................................................................................................................................................................................................
Basic Financial Statements:
Government-Wide Financial Statements:
................S..t.a..t.e..m...e..n..t. .o..f. .N...e..t. .P..o..s..i.t.i.o..n..................................................................................................................................................2..3.....................................................................................................................................................................................................................................................................................................................
................S..t.a..t.e..m...e..n..t. .o..f. .A...c..t.i.v..i.t..i.e.s......................................................................................................................................................2..6.....................................................................................................................................................................................................................................................................................................................
Fund Financial Statements:
................B...a..l.a.n..c..e.. .S..h..e..e..t. .-. .G...o..v..e..r.n..m...e..n..t.a..l. .F..u..n..d..s...............................................................................................................................2..7.....................................................................................................................................................................................................................................................................................................................
................R...e..c.o..n..c..i.l.i.a..t.i.o..n.. .o..f.. .t.h..e.. .G...o..v.e..r..n..m...e.n..t..a.l. .F...u..n..d..s. .B...a..l.a..n..c.e.. .S..h..e..e..t. .t.o.. .t.h..e.. .S..t.a..t.e..m...e..n..t. .o..f. .N...e..t. .P..o..s..i.t.i.o..n...........................................2..8.....................................................................................................................................................................................................................................................................................................................
................S..t.a..t.e..m...e..n..t. .o..f. .R...e..v..e..n..u..e.s..,. .E..x..p..e..n..d..i.t.u..r..e.s.. .a..n..d.. .C..h..a..n..g..e..s.. .i.n.. .F..u..n..d.. .B..a..l.a..n..c..e..s. .-.. .G..o..v..e..r..n..m...e.n..t..a.l. .F...u..n..d..s.......................................2..9.....................................................................................................................................................................................................................................................................................................................
i
COUNTY OF SACRAMENTO
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED JUNE 30, 2014
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of
..................G...o..v..e..r.n..m....e.n..t.a..l. .F...u..n..d..s. .o..f. .t..h..e. .S...t.a.t..e.m...e..n..t. .o..f.. .A...c.t.i..v..i.t.e..s.......................................................................................................3..0.....................................................................................................................................................................................................................................................................................................................
................S..t.a..t.e..m...e..n..t. .o..f. .R...e..v..e..n..u..e.s.. .a..n..d.. .E..x..p..e..n..d..i.t.u..r.e..s.. .-. .B...u..d..g..e.t.. .a.n..d.. .A...c..t.u..a..l. .-. .G...e..n..e..r.a..l. .F..u..n..d...............................................................3..1.....................................................................................................................................................................................................................................................................................................................
................S..t.a..t.e..m...e..n..t. .o..f. .N...e..t. .P..o..s..i.t.i.o..n.. .-.. .P..r.o..p..r..i.e.t..a.r..y. .F...u..n..d..s.................................................................................................................3..3.....................................................................................................................................................................................................................................................................................................................
................S..t.a..t.e..m...e..n..t.o..f. .R...e..v..e..n..u..e.s..,. .E..x..p..e..n..s..e.s.. .a..n..d.. .C..h..a..n..g..e..s.. .i.n.. .F..u..n..d.. .N...e..t. .P..o..s.i..t.i.o..n.. .-. .P..r..o..p..r.i.e..t.a..r.y.. .F..u..n..d..s..............................................3..6.....................................................................................................................................................................................................................................................................................................................
................S..t.a..t.e..m...e..n..t. .o..f. .C...a..s.h.. .F...l.o..w...s. .-. .P...r.o..p..r.i.e..t.a..r.y.. .F...u..n..d..s..................................................................................................................3..7.....................................................................................................................................................................................................................................................................................................................
................S..t.a..t.e..m...e..n..t. .o..f. .F...i.d..u..c.i..a.r..y.. .N..e..t. .P...o..s.i.t.i.o..n.. .-.. .F..i.d..u..c..i.a..r.y.. .F..u..n..d..s....................................................................................................3..9.....................................................................................................................................................................................................................................................................................................................
................S..t.a..t.e..m...e..n..t. .o..f. .C...h..a..n..g..e..s. .i.n.. .F..i..d..u..c.i.a..r..y. .N...e..t. .P..o..s..i.t.i.o..n.. .-.. .F..i.d..u..c..i.a..r.y.. .F..u..n..d..s.................................................................................4..0.....................................................................................................................................................................................................................................................................................................................
............N...o..t.e..s.. .t.o.. .t.h..e.. .B..a..s..i.c.. .F..i.n..a..n..c..i.a.l.. .S..t.a..t.e..m...e.n..t..s..............................................................................................................................4..1.....................................................................................................................................................................................................................................................................................................................
Required Supplementary Information (Unaudited):
.............S..a.c..r..a.m...e..n..t.o.. .C...o..u..n..t.y.. .E..m....p..l.o..y..e.e..s..' .R...e..t.i.r.e..m...e..n..t. .S..y..s..t.e..m... .-. .S..c..h..e..d..u..l.e.. .o..f. .F..u..n..d..i.n..g.. .P...r.o..g..r.e..s..s......................................................1..1..5.....................................................................................................................................................................................................................................................................................................................
.............O..t..h..e.r.. .P..o..s.t.. .E..m...p..l.o..y..m...e..n..t. .B...e.n..e..f..i.t. .(.O...P..E...B..).. .P..l.a..n.. .-. .S..c..h..e..d..u..l.e.. .o..f. .F..u..n..d..i.n..g.. .P..r..o..g..r.e..s.s................................................................1..1..5.....................................................................................................................................................................................................................................................................................................................
Combining and Individual Fund Statement and Schedules:
Non-major Governmental Funds:
................C...o..m...b..i.n..i.n..g.. .B...a.l..a.n..c..e.. .S..h..e..e..t..............................................................................................................................................1..1..7.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .R...e..v..e..n..u..e.s..,. .E..x..p..e..n..d..i.t.u..r..e.s.. .a..n..d.. .C..h..a..n..g..e..s. .i..n.. .F..u..n..d.. .B..a..l.a..n..c..e..s.......................................................1..1..8.....................................................................................................................................................................................................................................................................................................................
Special Revenue Funds:
................C...o..m...b..i.n..i.n..g.. .B...a.l..a.n..c..e.. .S..h..e..e..t..............................................................................................................................................1..2..2.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .R...e..v..e..n..u..e.s..,. .E..x..p..e..n..d..i.t.u..r..e.s.. .a..n..d.. .C..h..a..n..g..e..s. .i..n.. .F..u..n..d.. .B..a..l.a..n..c..e..s.......................................................1..2..5.....................................................................................................................................................................................................................................................................................................................
ii
COUNTY OF SACRAMENTO
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED JUNE 30, 2014
Individual Funds:
..................S...c.h..e..d..u..l.e..s.. .o..f. .R...e.v..e..n..u..e..s.. .a.n..d.. .E...x..p..e.n..d..i..t.u..r.e..s. .-.. .B..u..d..g..e..t. .a..n..d.. .A...c..t.u..a..l..................................................................................1..2..8.....................................................................................................................................................................................................................................................................................................................
Debt Service Funds:
................C...o..m...b..i.n..i.n..g.. .B...a.l..a.n..c..e.. .S..h..e..e..t..............................................................................................................................................1..4..6.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .R...e..v..e..n..u..e.s..,. .E..x..p..e..n..d..i.t.u..r..e.s.. .a..n..d.. .C..h..a..n..g..e..s. .i..n.. .F..u..n..d.. .B..a..l.a..n..c..e..s.......................................................1..4..8.....................................................................................................................................................................................................................................................................................................................
Individual Funds:
..................S...c.h..e..d..u..l.e..s.. .o..f. .R...e.v..e..n..u..e..s.. .a.n..d.. .E...x..p..e.n..d..i..t.u..r.e..s. .-.. .B..u..d..g..e..t. .a..n..d.. .A...c..t.u..a..l..................................................................................1..5..0.....................................................................................................................................................................................................................................................................................................................
Capital Projects Fund:
................C...o..m...b..i.n..i.n..g.. .B...a.l..a.n..c..e.. .S..h..e..e..t..............................................................................................................................................1..6..3.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .R...e..v..e..n..u..e.s..,. .E..x..p..e..n..d..i.t.u..r..e.s.. .a..n..d.. .c.h..a..n..g..e..s.. .i.n.. .F..u..n..d.. .B...a.l.a..n..c..e..s........................................................1..6..6.....................................................................................................................................................................................................................................................................................................................
Individual Funds:
..................S...c.h..e..d..u..l.e.. .o..f. .R...e..v..e..n..u..e.s.. .a..n..d.. .E..x..p..e..n..d..i.t.u..r.e..s.. .-. .B...u..d..g..e..t. .a.n..d.. .A...c..t.u..a..l....................................................................................1..7..2.....................................................................................................................................................................................................................................................................................................................
Non-major Enterprise Funds:
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .N...e..t. .P..o..s..i.t.i.o..n.............................................................................................................................1..8..6.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .R...e..v..e..n..u..e.s..,. .E..x..p..e..n..s..e..s. .a..n..d.. .C..h..a..n..g..e..s.. .i.n.. .F..u..n..d.. .N...e..t. .P..o..s.i..t.i.o..n........................................................1..8..7.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .C...a..s.h.. .F...l.o..w................................................................................................................................1..8..8.....................................................................................................................................................................................................................................................................................................................
Internal Service Funds:
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .N...e..t. .P..o..s..i.t.i.o..n.............................................................................................................................1..9..2.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .R...e..v..e..n..u..e.s..,. .E..x..p..e..n..s..e..s. .a..n..d.. .C..h..a..n..g..e..s.. .i.n.. .F..u..n..d.. .N...e..t. .P..o..s.i..t.i.o..n........................................................1..9..3.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .C...a..s.h.. .F...l.o..w...s.............................................................................................................................1..9..4.....................................................................................................................................................................................................................................................................................................................
iii
COUNTY OF SACRAMENTO
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED JUNE 30, 2014
Agency Funds:
................C...o..m...b..i.n..i.n..g.. .B...a.l..a.n..c..e.. .S..h..e..e..t..............................................................................................................................................1..9..8.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .C...h..a..n..g..e..s. .i.n.. .A...s..s.e..t.s.. .a.n..d.. .L...i.a..b..i.l.i.t.i.e..s...........................................................................................1..9..9.....................................................................................................................................................................................................................................................................................................................
Trust Funds:
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .F...i.d..u..c..i.a.r..y.. .N..e..t. .P...o..s.i.t.i.o..n.............................................................................................................2..0..4.....................................................................................................................................................................................................................................................................................................................
................C...o..m...b..i.n..i.n..g.. .S..t.a..t.e..m...e..n..t. .o..f. .C...h..a..n..g..e..s. .i.n.. .F..i..d..u..c.i.a..r..y. .n..e..t. .P...o..s.i.t.i.o..n...........................................................................................2..0..5.....................................................................................................................................................................................................................................................................................................................
STATISTICAL SECTION
.........N...e..t. .P..o..s.i..t.i.o..n.. .b..y.. .C..o..m...p..o..n..e..n..t...................................................................................................................................................2..0..8.....................................................................................................................................................................................................................................................................................................................
.........C...h..a.n..g..e..s.. .i.n.. .N...e.t.. .P..o..s.i.t..i.o..n.........................................................................................................................................................2..0..9.....................................................................................................................................................................................................................................................................................................................
.........F..u..n..d.. .B...a..l.a.n..c..e..s. .o..f.. .G...o..v..e.r..n..m...e..n..t.a..l. .F..u..n..d..s.................................................................................................................................2..1..2.....................................................................................................................................................................................................................................................................................................................
.........C...h..a.n..g..e..s.. .i.n.. .F..u..n..d.. .B...a.l.a..n..c..e..s. .o..f.. .G...o..v..e.r..n..m...e.n..t..a.l. .F...u..n..d..s..............................................................................................................2..1..2.....................................................................................................................................................................................................................................................................................................................
.........G...e..n..e.r..a.l.. .G..o..v..e..r..n..m...e.n..t..a.l. .T...a..x.. .R..e..v..e..n..u..e..s. .b..y.. .S..o..u..r..c.e...................................................................................................................2..1..5.....................................................................................................................................................................................................................................................................................................................
.........A...s.s..e..s.s..e..d.. .V..a..l.u..e.. .a..n..d.. .E..s..t.i.m...a..t.e..d.. .A...c.u..t..a.l. .V...a..l.u..e.. .o..f. .T...a..x..a.b..l.e.. .P..r..o..p..e..r.t.y........................................................................................2..1..6.....................................................................................................................................................................................................................................................................................................................
.........A...v..e..r.a..g..e. .P...r.o..p..e..r.t.y.. .T..a..x.. .R...a..t.e..s. .-. .A...l.l. .D...i.r..e..c.t. .a..n..d.. .O...v..e..r.l.a..p..p..i.n..g.. .G...o..v..e..r.n..m...e..n..t.s.............................................................................2..1..7.....................................................................................................................................................................................................................................................................................................................
.........P..r.i..n..c.i.p..a..l. .P...r.o..p..e..r.t.y.. .T..a..x..p..a..y..e..r.s.................................................................................................................................................2..1..8.....................................................................................................................................................................................................................................................................................................................
.........C...o..u..n..t.y.. .W...i.d..e.. .1.. .P..e..r..c.e..n..t. .-.. .S..e..c.u..r..e.d.. .a..n..d.. .U...n..i.t.a..r.y.. .P..r..o..p..e..r.t.y.. .T..a..x.. .L..e..v..i.e..s.. .a.n..d.. .C...o..l.l.e..c..t.i.o..n..s...........................................................2..1..9.....................................................................................................................................................................................................................................................................................................................
.........R...a.t.i..o..s. .o..f. .O...u..t.s..t.a..n..d..i.n..g.. .D...e..b..t. .b..y.. .T..y..p..e......................................................................................................................................2..2..0.....................................................................................................................................................................................................................................................................................................................
.........L..e..g..a..l. .D...e..b..t. .M...a..r.g..i.n.. .I..n..f.o..r.m...a..t.i.o..n..............................................................................................................................................2..2..1.....................................................................................................................................................................................................................................................................................................................
.........P..l.e..d..g..e..d..-.R...e.v..e..n..u..e.. .C...o..v..e.r..a..g..e...................................................................................................................................................2..2..2.....................................................................................................................................................................................................................................................................................................................
iv
COUNTY OF SACRAMENTO
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED JUNE 30, 2014
.........D...e..m...o..g..r.a..p..h..i.c.. .a.n..d.. .E...c..o..n..o..m...i.c.. .S..t.a..t.i.s.t..i.c.s...................................................................................................................................2..2..3.....................................................................................................................................................................................................................................................................................................................
.........P..r.i..n..c.i.p..a..l. .E...m...p..l.o..y..e..r.s...............................................................................................................................................................2..2..4.....................................................................................................................................................................................................................................................................................................................
.........F..u..l.l.-..T..i.m...e.. .E...q..u..i.v..a.l..e.n..t. .C...o..u..n..t.y.. .G...o..v..e..r.n..m...e..n..t. .E...m...p..l.o..y..e.e..s.. .b..y.. .F..u..n..c..t.i.o..n.....................................................................................2..2..6.....................................................................................................................................................................................................................................................................................................................
.........O...p..e..r.a..t.i.n..g.. .I.n..d..i.c..a..t.o..r.s.. .b..y.. .F..u..n..c..t.i.o..n...........................................................................................................................................2..2..7.....................................................................................................................................................................................................................................................................................................................
.........O...p..e..r.a..t.i.n..g.. .I.i.n..d..i.c..a..t.o..r.s.. .b..y.. .F..u..n..c..t.i.o..n..........................................................................................................................................2..2..8.....................................................................................................................................................................................................................................................................................................................
.........C...a.p..i.t..a.l. .A...s..s.e..t. .S...t.a.t..i.s.t.i.c..s.. .b..y.. .F..u..n..c..t.i.o..n.......................................................................................................................................2..2..9.....................................................................................................................................................................................................................................................................................................................
BOND DISCLOSURES
.........C...o..u..n..t.y.. .o..f. .S..a..c..r.a..m...e..n..t.o............................................................................................................................................................2..3..1.....................................................................................................................................................................................................................................................................................................................
.........C...o..u..n..t.y.. .o..f. .S..a..c..r.a..m...e..n..t.o.. .G...e.n..e..r.a..l. .F...u..n..d.. .A..d..o..p..t.e..d.. .B...u..d..g..e..t.........................................................................................................2..3..2.....................................................................................................................................................................................................................................................................................................................
.........H...i.s.t..o..r.y.. .o..f. .G...r.o..s..s. .A...s..s.e..s..s.e..d.. .V...a..l.u..a..t.i.o..n..s...................................................................................................................................2..3..2.....................................................................................................................................................................................................................................................................................................................
.........C...o..u..n..t.y..w..i..d..e. .S...e.c..u..r.e..d.. .T...a.x.. .L...e..v..i.e.s..,. .D...e..l.i.n..q..u..e..n..c.i..e.s.. .a..n..d.. .C..o..l.l..e.c..t.i.o..n..s.........................................................................................2..3..3.....................................................................................................................................................................................................................................................................................................................
.........L..a..r.g..e..s..t. .S..e..c..u..r.e..d.. .T..a..x..p..a..y.e..r..s. .F..Y... .2..0..1..4..-..1.5.................................................................................................................................2..3..4.....................................................................................................................................................................................................................................................................................................................
.........T..o..t.a..l. .G...e..n..e..r.a..l. .F..u..n..d.. .R...e..v..e.n..u..e..s..,. .E..x..p..e..n..d..i.t.u..r.e..s.. .a..n..d. .C...h..a..n..g..e..s. .i.n.. .F...u..n..d.. .B..a..l.a..n..c..e. .2..0..0..9..-..1..0.. .t.h..r.o..u..g..h.. .2..0..1..3..-.1..4...............................2..3..5.....................................................................................................................................................................................................................................................................................................................
.........L..e..a..s.e.. .O...b..l.i.g..a..t.i.o..n..s...................................................................................................................................................................2..3..6.....................................................................................................................................................................................................................................................................................................................
.........P..e..n..s.i..o..n.. .O..b..l..i.g..a.t..i.o..n.. .B..o..n..d..s......................................................................................................................................................2..3..7.....................................................................................................................................................................................................................................................................................................................
.........O...t.h..e..r. .C...o..u..n..t.y.. .G...e.n..e..r.a..l. .F..u..n..d.. .O...b..l.i..g..a.t.i..o..n..s...............................................................................................................................2..3..8.....................................................................................................................................................................................................................................................................................................................
.........A...g..g..r.e..g..a..t.e.. .D..e..b..t. .S..e..r..v..i.c.e..,. .C...u..r.r..e.n..t. .O...u..t.s..t.a..n..d..i.n..g.. .D...e..b..t.-.C...e.r..t.i.f.i.c..a..t.e..s. .o..f.. .P..a..r.t.i.c..i.p..a..t.i.o..n.. .O...n..l.y........................................................2..3..9.....................................................................................................................................................................................................................................................................................................................
.........A...g..g..r.e..g..a..t.e.. .D..e..b..t. .S..e..r..v..i.c.e..,. .C...u..r.r..e.n..t. .O...u..t.s..t.a..n..d..i.n..g.. .D...e..b..t.-.P..O...B... .a..n..d.. .C..e..r.t.i..f.i.c..a.t..e.s.. .o..f. .P..a..r..t.i.c..i.p..a.t..i.o..n.................................................2..4..0.....................................................................................................................................................................................................................................................................................................................
.........V...a..r.i.a..b..l.e.. .R..a..t.e.. .D...e..b..t./.I.n..t.e..r.e..s..t. .R..a..t.e.. .S..w...a..p..................................................................................................................................2..4..1.....................................................................................................................................................................................................................................................................................................................
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COUNTY OF SACRAMENTO
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED JUNE 30, 2014
.........D...e..p..a.r..t.m...e..n..t. .o..f. .A...i.r.p..o..r..t.s..........................................................................................................................................................2..4..2.....................................................................................................................................................................................................................................................................................................................
.........H...i.s.t..o..r.i.c..a..l. .E..n..p..l.a..n..e..d.. .P..a..s.s..e..n..g..e.r..s.............................................................................................................................................2..4..3.....................................................................................................................................................................................................................................................................................................................
.........H...i.s.t..o..r.i.c..a..l. .A..i..r.c..r.a..f.t. .L...a.n..d..e..d.. .W....e..i.g..h..t........................................................................................................................................2..4..4.....................................................................................................................................................................................................................................................................................................................
.........A...i.r.l.i.n..e..s..' .M....a..r.k..e..t. .S..h..a..r.e..s.. .o..f. .E..n..p..l.a..n..e..d.. .P..a..s..s.e..n..g..e..r.s...................................................................................................................2..4..5.....................................................................................................................................................................................................................................................................................................................
.........S..t.a..t.e..m...e..n..t. .o..f. .R...e..v..e.n..u..e..s..,. .E..x..p..e..n..s..e.s.. .a..n..d.. .C..h..a..n..g..e..s. .i..n.. .N..e..t. .P...o..s.i.t.i.o..n............................................................................................2..4..7.....................................................................................................................................................................................................................................................................................................................
.........A...i.r.l.i.n..e.. .a..n..d.. .N...o..n..a..i.r.l.i.n..e.. .R...e.v..e..n..u..e..s...........................................................................................................................................2..4..8.....................................................................................................................................................................................................................................................................................................................
.........S..u..m...m...a..r.y.. .o..f.. .H...i.s.t.o..r..i.c..a.l. .R...e..v..e..n..u..e.,. .E...x..p..e..n..s.e..s. .a..n..d.. .D...e..b..t. .S..e..r.v..i.c..e.. .C...o..v..e.r..a.g..e...............................................................................2..5..0.....................................................................................................................................................................................................................................................................................................................
.........S..o..l.i.d.. .W....a..s.t..e. .E...n..t.e..r.p..r.i.s..e.. .F..u..n..d..................................................................................................................................................2..5..1.....................................................................................................................................................................................................................................................................................................................
.........W....a.t..e.r.. .A...g.e..n..c..y.. .E..n..t.e..r..p..r.i.s..e. .F...u..n..d..............................................................................................................................................2..5..4.....................................................................................................................................................................................................................................................................................................................
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