Loading...
07-23-18 Purvis Gray HandoutG Purvis Cqmp COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE To the Honorable Mayor and City Commissioners Atlantic Beach, Florida We have audited the financial statements of the governmental activities, the business -type activities, each major fund, and the aggregate remaining fund information of the City of Atlantic Beach, Florida, (the City), for the year ended September 30, 2017, and have issued our report thereon dated June 28, 2018. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our engagement letter to you dated September 16, 2017. Professional standards require that we provide you with the following information related to our audit: Sillnificant Audit Findings Qualitative Aspects of Accounting Practices Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during the year. We noted no transactions entered into by the governmental unit during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. Future Adoption of New Accounting Standards GASB Statement No. 75, Accounting and Financial Reporting for Postemployment Benerits Other Than Pensions, replaces the requirements of Statement No. 45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions, as amended, and No. 57, OPEB Measurements by Agent Employers and Agent Multi -Employer Plans, for Other Post Employment Benefits (OPEB). This statement establishes new accounting and financial reporting requirements for governments whose employees are provided with OPEB, including the recognition and measurement of liabilities, deferred outflows of resources, deferred inflows of resources, and expenses. Accounting estimates are an integral part of the financial statements prepared by management and are based on management's knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the financial statements were: Certified Public Accountants P.O. Box 141270 • 222 N.E. 1 st Street • Gainesville, Florida 32614-1270 • (352) 378-2461 • FAX (352) 378-2505 Laurel Ridge Professional Center • 2347 S.E. 17th Street • Ocala, Florida 34471 • (352) 732-3872 • FAX (352) 732-0542 443 East College Avenue • Tallahassee, Florida 32301 • (850) 224-7144 • FAX (850) 224-1762 5001 Lakewood Ranch Blvd. N., Suite 101 • Sarasota, Florida 34240 • (941) 907-0350 • FAX (941) 907-0309 MEMBERS OF AMERICAN AND FLORIDA INSTITUTES OF CERTIFIED PUBLIC ACCOUNTANTS MEMBER OF AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS PRIVATE COMPANIES AND S.E.C. PRACTICE SECTIONS To the Honorable Mayor and City Commissioners Atlantic Beach, Florida Significant Audit Findings (Continued) Qualitative Aspects of Accounting Practices (Concluded) ■ Management's estimate of the depreciation and accumulated depreciation which is based on the useful lives determined by asset type. ■ Management's estimate of the allowance for uncollectible accounts which is based on historical trends and an analysis of the collectability of individual accounts. ■ Management's estimate of the other Postemployment Benefits Obligation which is based on actuarial assumptions and estimates. ■ Management's estimate of the net pension liability for the City's two defined benefit pension plans is based on the actuarial valuations performed by qualified actuaries. As permitted by GASB Statement No. 68, the City has elected to use a measurement date to record the net pension liabilities and related deferred inflows and outflows of resources, that is one year prior to the reporting date. The net pension liability represents the difference between the value of the pension plan assets and the total pension liability, which is measured using various actuarial assumptions. These assumptions, if changed, could have a significant impact on recorded amounts. ■ Management's estimate of the allocation of the City's net pension liability and other related items between the business -type and governmental activities. This allocation is based on the actuarial accrued liability of each active employee and retirees. This information is obtained from the actuary. These assumptions, if changed, could have a significant impact on the allocation amounts. ® Management's estimate of compensated absences which is based on payroll data as of year-end, including the employees' current rate of pay and accrued hours for vacation and sick leave. Certain financial statement disclosures are particularly sensitive because of their significance to financial statement users. The most sensitive disclosures affecting the financial statements was: ■ The disclosure in Note 7 that discusses Pension Plans for the City. We evaluated the key factors and assumptions used to develop the estimates described above in determining that they are reasonable in relation to the financial statements taken as a whole. Difficulties Encountered in Performing the Audit The completion of our audit was delayed due to delays in receiving all of the necessary information to complete the audit. Corrected and Uncorrected Misstatements Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are trivial, and communicate them to the appropriate level of management. Management has corrected all such misstatements. As described in the Independent Auditors' Report on Internal Control Over Financial Reporting and on Compliance and Other Matters, we detected misstatements that we consider to be material. All material misstatements identified were corrected and posted by management. A listing of journal entries has been attached to this letter. 2 To the Honorable Mayor and City Commissioners Atlantic Beach, Florida Significant Audit Findings (Concluded) Disagreements with Management For purposes of this letter, professional standards define a disagreement with management as a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditors' report. We are pleased to report that no such disagreements arose during the course of our audit. Management Representations We have requested certain representations from management that are included in the management representation letter dated June 28, 2018. Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a "second opinion" on certain situations. If a consultation involves application of an accounting principle to the governmental unit's financial statements or a determination of the type of auditors' opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. Other Audit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the governmental unit's auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. Other Matters We applied certain limited procedures to the Required Supplementary Information (RSI), which supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI. We were engaged to report on supplementary information which accompany the financial statements but are not RSI. With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. We were not engaged to report on other statistical information, which accompany the financial statements but are not RSI. Such information has not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on it. To the Honorable Mayor and City Commissioners Atlantic Beach, Florida Restriction on Use This information is intended solely for the information and use of the City Commission and management of the City of Atlantic Beach, Florida and is not intended to be, and should not be, used by anyone other than these specified parties. Q't� Ao�' ala aw;�"Z-Lla June 28, 2018 Gainesville, Florida 4 City of Atlantic Beach Year End: September 30, 2017 Adjusting Journal Entries Date: 10/1/2016 To 9/30/2017 Date Type N Name Account No Debit Credit 9/30/2017 N CONVENT DEVELOP TAX -2 PCT 120-0000-312-10-01 120 33,595.53 N 9/30/2017 N FUND BALANCE 001-0000-271-00-00001 27,485.10 -77,483.80 9/30/2017 N WORKERS' COMPENSATION 001-2002-521-24-00 001 77,483.60 -27,485.10 9/30/2017 N FUND BALANCE 410-0000-271-00-00410 33,566.12 -143,927.89 9/30/2017 N WORKERS' COMPENSATION 410-5508-535-24-00 410 143,927.89 33,566.12 9/30/2017 N PENSION RELATED 950-0000-190-00-00 950 9/30/2017 -269,888.54 9/30/2017 N CLERK -COURT COSTS 950-0000-271-00-00950 269,888.54 ALCOHOLIC BEVERAGE LICENS 9/30/2017 N FUND BALANCE 142-0000-133-02-00 142 L.G.1/2 CENT SALES TAX -2,334.85 Reconciled Opening Fund Balance to FS 9/30/2017 N AUDITADJUSTMENT 120-0000-133-02-00120 -12,324.67 -33,595.53 9/30/2017 N CONVENT DEVELOP TAX -2 PCT 120-0000-312-10-01 120 33,595.53 N 9/30/2017 N AUDITADJUSTMENT 130-0000-133-02-00130 N -77,483.80 9/30/2017 N FIRST LOCAL OPT TAX -6 PCT 130-0000-312-41-01 130 77,483.60 001-0000-315-10-00 001 9/30/2017 N AUDITADJUSTMENT 131-0000-133-02-00131 001-0000-316-01-00001 -143,927.89 9/30/2017 N DISCRETIONARY SALES SURTX 131-0000-312-60-00131 143,927.89 9/30/2017 9/3012017 N AUDITADJUSTMENT 141-0000-133-02-00141 9/30/2017 -485.65 9/30/2017 N CLERK -COURT COSTS 141-0000-351-30-00141 485.65 ALCOHOLIC BEVERAGE LICENS 9/30/2017 N AUDIT ADJUSTMENT 142-0000-133-02-00 142 L.G.1/2 CENT SALES TAX -2,334.85 9/30/2017 N INTERGOVERNMENTAL PROGRAM 142-0000-351-70-00 142 2,334.85 1,315.73 9/30/2017 N AUDIT ADJUSTMENT 162-0000-223-04-00 162 12,324.67 -16,927.82 9/30/2017 N POLICE GRANT PROCEEDS 162-OOOD331-22-00 162 16,927.82 N DUE FROM OTHER GOVT AGEN /AUDIT ADJUSTMENT 165-0000-133-02-00 165 -2.215.72 9/30/2017 165-0000-331-20-02165 2,215.72 9/30/2017 N FDLE AJE# 4108 --PBC AJE identified by PGC during audit. Client reverses out all receivables currently in Special Revenue Fund A/R and puts them all back in AJE #5. The only change was to accrue for disc. sales surtax ($61,193.66). 9/30/2017 N AUDITADJUSTMENT 001-0000-133-02-00001 -12,324.67 9/30/2017 N AUDITADJUSTMENT 001-0000-133-02-00001 -555,608.81 9/3012017 N AUDITADJUSTMENT 001-0000-223-04-00001 -1,315.73 9/30/2017 N ELECTRIC-JEA-S% base chgs 001-0000-314-10-00 001 44,539.65 9/30/2017 N COMMUNICATION SERVICE TAX 001-0000-315-10-00 001 82,690.31 9/30/2017 N COUNTY ALLOCATION 001-0000-316-01-00001 20,710.38 001-0000-323-10-02 001 149,539.41 9/30/2017 N JEA 9/30/2017 N TECO/PEOPLES GAS 001-0000-323-40-01 001 925.26 9/30/2017 N ALCOHOLIC BEVERAGE LICENS 001-0000-335-15-00 001 9,600.02 9/30/2017 N L.G.1/2 CENT SALES TAX 001-0000-335-18-00 001 243,582.04 9/30/2017 N FIRE FACILITY-JAX REIMB 001-0000-342-90-03 001 1,315.73 9/30/2017 N DOT -MAINTENANCE REIMB 001-0000-344-90-01 001 12,324.67 9/30/2017 N CLERK -FINES AN FORFEITS 001-0000-351-50-01 001 4,021.72 PBC AJE# 4109 identified by PGC 5 during audit- Client reverses out all receivables currently in General Fund A/R and puts them all back in AJE #6. The only change is to decrease revenues by $20,000 from the 1/2 cent sales tax account that was initially keyed in wrong. 9/30/2017 N AUDIT ADJUSTMENT 120-0000-133-02-00 120 33,595.53 N 9/30/2017 N CONVENT DEVELOP TAX -2 PCT 120-0000-312-10-01 120 535,608.81 -33,595.53 9/30/2017 N AUDITADJUSTMENT 130-0000-133-02-00130 119,607.68 9/30/2017 N FIRST LOCAL OPT TAX -0 PCT 130-0000-312131-01 130 -119,607.68 9/30/2017 N AUDITADJUSTMENT 131-0000-133-02-00131 205,121.55 -82,690.31 9/30/2017 N DISCRETIONARY SALES SURTX 131-0000-312-60-00 131 -205,121.55 9/30/2017 N AUDITADJUSTMENT 141-0000-133-02-00141 485.65 -149,539.41 9/30/2017 N CLERK -COURT COSTS 141-0000-351-30-00 141 485.65 9/30/2017 N AUDITADJUSTMENT 142-0000-133-02-00142 2,334.85 -925.28 9/30/2017 N INTERGOVERNMENTAL PROGRAM 142-0000-351-70-00 142 2,334.85 9/30/2017 N AUDITADJUSTMENT 162-0000-133-02-00162 16,927.82 -223,582.04 9/30/2017 N POLICE GRANT PROCEEDS 162-0000-331-22-00 162 -16,927.82 9/30/2017 N DUE FROM OTHER GOVT AGEN /AUDIT ADJUSTMENT 165-0000-133-02-00165 2,215.72 -12,324.67 9/30/2017 N CLERK -FINES AN FORFEITS 165-0000-331-20-02165 -2,215.72 9130/2017 N FDLE PBC AJE #4110 identified by PGC during audit- See AJE #3 9/30/2017 N AUDITADJUSTMENT 001-0000-133-02-00001 12,324.67 N 9/30/2017 N AUDITADJUSTMENT 001-0000-133-02-00 001 535,608.81 410-0000-215-09-00 410 7,945.25 9/30/2017 N AUDITADJUSTMENT 001-0000-223-04-00001 1,315.73 9/30/2017 N ELECTRIC-JEA-5% base chgs 001-0000-314-10-00 001 -04,539.65 9/30/2017 N COMMUNICATION SERVICE TAX 001-0000-315-10-00 001 -82,690.31 913012017 N COUNTY ALLOCATION 001-0000-316-01-00 001 -20,710.38 001-0000-323-10-02 001 -149,539.41 9/30/2017 N JEA 9/30/2017 N TECO/PEOPLES GAS 001-0000-32340-01 001 -925.28 9/30/2017 N ALCOHOLIC BEVERAGE LICENS 001-0000-335-15-00 001 -9,600.02 9 /3 012 01 7 N L.G.1/2 CENT SALES TAX 001-0000-335-18-00 001 -223,582.04 9/30/2017 N FIRE FACILITY-JAX REIMB 001-0000-342-90-03 001 -1,315.73 9/30/2017 N DOT -MAINTENANCE REIMB 001-0000-344-90-01 001 -12,324.67 9/30/2017 N CLERK -FINES AN FORFEITS 001-0000-351-50-01 001 -4,021.72 PBC AJE #4111 -See AJE#4 for details. PGC identified during audit. 9/3012017 N AUDITADJUSTMENT 001-0000-133-02-00 001 107,988.92 9/30/2017 N L.G.1/2 CENT SALES TAX 001-0000-335-18-00 001 -107,988.92 To accrue for 112 cent revenue to have 12 months of payment for FY17 9/30/2017 N SRF DW160710 LOAN 400-0000-215-07-00 400 345.41 9/30/2017 N SRF LOAN-DW160710 400-0000-591-72-09 400 -345.41 9/30/2017 N SRF LOAN VVW160700 410-0000-215-09-00 410 7,945.25 9/3012017 N SRF LOAN-WW160700 410-0000-591-72-10410 -7,945.25 on Adjust Interest Payable Amounts to Actual 9/30/2017 N AUDIT ADJUSTMENT 001-0000-133-02-00 001 186,300.49 243,599.43 9/30/2017 N ELECTRIC-JEA-5% base chgs 001-0000-314-10-00 001 OTHER CONTRACTUAL SERVS. -45,266.13 314,860.25 N JEA 001-0000-323-10-02 001 -141,034.36 9/30/2017 -85,139.75 9/30/2017 N PAYABLES AJE# 4112 --PBC AJE identified by 9/30/2017 N PGC during 131-5002-541-34-00 131 57,826.05 -10.50 9/30/2017 audit - To accrue September Franchise Fee and Utility Tax payments OTHER CONTRACTUAL SERVS. 131-5002-541-04-00131 27,313.70 9/30/2017 N FEMA RECEIVABLES 001-0000-115-00-03 001 19,223.32 420-0000-202-00-00 420 9/30/2017 N FEMA RECEIVABLES 001-0000-115-00-03001 43,750.00 PAYABLES 9/30/2017 N DEFERRED REVENUE 001-0000-223-00-00001 9/30/2017 -19,223.32 9/30/2017 N DEFERRED REVENUE 001-0000-223-00-00001 -72,714.50 -43,750.00 9/30/2017 N FEMA RECEIVABLES 420-0000-115-00-01 420 290,008.74 -735.00 9/30/2017 N FEMA RECEIVABLES 420-0000-115-00-01420 25,589.01 183,508.20 9/30/2017 N FED DISASTER RELIEF 420-0000-331-50-01420 STORM DEBRIS REMOVAL -290,008.74 9/30/2017 N STATE DISASTER RELIEF 420-0000-334-50-01 420 N -25,589.01 Record FEMA receivables and revenues for Hurricane Matthew 9/30/2017 N LIABILITIES & OTHER C R E D 130-0000-202-00-00130 243,599.43 -314,860.25 9/30/2017 N OTHER CONTRACTUAL SERVS. 130-5002-541-34-00130 314,860.25 -52,461.96 131-0000-202-00-00131 -85,139.75 9/30/2017 N PAYABLES 9/30/2017 N OTHER CONTRACTUAL SERVS. 131-5002-541-34-00 131 57,826.05 -10.50 9/30/2017 N OTHER CONTRACTUAL SERVS. 131-5002-541-04-00131 27,313.70 -43.50 9/30/2017 N MOBILE HOME LICENSES 420-0000-202-00-00 420 -183,508.20 9/30/2017 N PAYABLES 001-0000-335-18-00 001 -113,142.78 9/30/2017 N FIRE FACILITY-JAX REIMB 420-0000-202-00-00420 -72,714.50 9/30/2017 N PAYABLES 001-0000-347-50-01001 -735.00 9/30/2017 N STORM DEBRIS REMOVAL 420-4201-524-34-16420 183,508.20 9/30/2017 N STORM DEBRIS REMOVAL 420-4201-524-34-16 420 72,714.50 -39,536.80 To accrue unrecorded payables idenitified during audit 9/30/2017 N POOLED CASH ACCOUNT 001-0000-104-00-00 001 243,599.43 9/30/2017 N ELECTRIC-JEA-5% base chgs 001-0000-314-10-00 001 -52,461.96 001-0000-323-10-02 001 -75,870.71 9/30/2017 N JEA 9/30/2017 N MOBILE HOME LICENSES 001-0000-335-14-00001 -10.50 9/30/2017 N MOBILE HOME LICENSES 001-0000-335-14-00 001 -43.50 9/30/2017 N MOBILE HOME LICENSES 001-0000-335-14-00 001 -19.25 9/30/2017 N L.G.1/2 CENT SALES TAX 001-0000-335-18-00 001 -113,142.78 9/30/2017 N FIRE FACILITY-JAX REIMB 001-0000-342-90-03 001 -1,315.73 9/30/2017 N FACILITY RENTAL 001-0000-347-50-01001 -735.00 9/30/2017 N POOLED CASH ACCOUNT 130-0000-104-00-00130 39,536.80 9/30/2017 N FIRST LOCAL OPT TAX -6 PCT 130-0000-312-41-Ot 130 -39,536.80 9/30/2017 N POOLED CASH ACCOUNT 131-0000-104-00-00131 62,904.83 7 9/30/2017 N DISCRETIONARY SALES SURTX 131-0000-312-00-00131 4,575.00 -62,904.83 9/30/2017 N POOLED CASH ACCOUNT 162-0000-104-00-00 162 12,093.92 -75,870.71 9/30/2017 N POLICE GRANT PROCEEDS 162-0000-331-22-00162 1,100.00 -12,093.92 9/30/2017 N POOLED CASH ACCOUNT 400-0000-104-00-00 400 14,417.92 48,022.62 9/30/2017 N DEFERRED REVENUE / D E F E R R 400-0000-223-00-00 400 30,300.00 -13,291.39 9/30/2017 N OTHER MISCELLANEOUS REV 400-0000-369-90-00400 14,586.50 -1,126.53 9/30/2017 N DEPOSIT - BANK OF AMERICA 800-0000-101-12-00 800 243,599.43 9/30/2017 N DEPOSIT - BANK OF AMERICA 800-0000-101-12-00 800 39,536.80 -194,350.50 9/30/2017 N DEPOSIT - BANK OF AMERICA 800-0000-101-12-00 800 62,904.83 9/30/2017 N DEPOSIT - BANK OF AMERICA 800-0000-101-12-00 800 14,417.92 -62,904.83 9/30/2017 N DEPOSIT - BANK OF AMERICA 800-0000-101-12-00 800 12,093.92 -22,918.00 9/30/2017 N GENERAL FUND 001 800-0000-290-01-00 800 1,556.00 -243,599.43 9/30/2017 N LOCAL OPTION GAS TAX 130 800-0000-290-10-13 800 12,093.92 -39,536.80 9/30/2017 N BETTER JAX 1/2 CENT 131 800-0000-290-10-31 800 -62,904.83 9/30/2017 N BYRNE GRANT -POLICE 162 800-0000-290-10-62 800 -12,093.92 9/30/2017 N WATER FUND 400 800-0000-290-40-40 800 -14,417.92 Client AJE #4113 - Corrected ACH that cleared in bank prior to 9/30, but not recorded on books until after 10/1 9/30/2017 N MACHINERY & EQUIPMT-OTHER 400-0000-166-91-00 400 4,575.00 -113,142.78 9/30/2017 N MACHINERY & EQUIPMT-OTHER 400-0000-166-91-00 400 42,347.62 -75,870.71 9/30/2017 N COMPUTER EQUIPMENT 400-0000-166-93-00400 1,100.00 -45,266.13 9/30/2017 N CAPITAL EXPENSE RECLASS 400-0000-599.69-99 400 45,266.13 48,022.62 9/30/2017 N MACHINERY & EQUIPMT-OTHER 410-0000-166-91-00 410 30,300.00 9/30/2017 N MACHINERY & EQUIPMT-OTHER 410-0000-166-91-00410 14,586.50 9/30/2017 N MOTOR VEHICLES 410-0000-166-92-00 410 149,464.00 9/30/2017 N CAPITAL EXPENSE RECLASS 410-0000-59969-99 410 -194,350.50 9/30/2017 N MOTORVEHICLES 455-0000-166-92-00455 17,970.00 9/30/2017 N COMPUTER EQUIPMENT 455-0000-166-93-00 455 4,948.00 -62,904.83 9/30/2017 N CAPITAL EXPENSE RECLASS 455-0000-599-69-99455 62,904.83 -22,918.00 9/30/2017 N MACHINERY & EQUIPMT-OTHER 470-0000-166-91-00 470 1,556.00 -12,093.92 9/30/2017 N CAPITAL EXPENSE RECLASS 470-0000-59969-99 470 12,093.92 -1,556.00 Corrections to Capital Outlay 9/30/2017 N AUDITADJUSTMENT 001-0000-133-02-00001 -113,142.78 9/30/2017 N AUDIT ADJUSTMENT 001-0000-133-02-00 001 -75,870.71 9/30/2017 N AUDITADJUSTMENT 001-0000-133-02-00001 -45,266.13 9/30/2017 N ELECTRIC-JEA-5 % base chgs 001-0000-314-10-00 001 45,266.13 001-0000-323-10-02 001 75,870.71 9/30/2017 N JEA 9/30/2017 N L.G.1/2 CENT SALES TAX 001-0000-335-18-00 001 113,142.78 9/30/2017 N AUDITADJUSTMENT 130-0000-133-02-00130 -39,536.80 9/30/2017 N FIRST LOCAL OPT TAX -6 PCT 130-0000-312-41-01 130 39,536.80 9/30/2017 N AUDITADJUSTMENT 131-0000-133-02-00131 -62,904.83 9/30/2017 N DISCRETIONARY SALES SURTX 131-0000-312-00-00 131 62,904.83 9/30/2017 N AUDIT ADJUSTMENT 162-0000-133-02-00162 -12,093.92 9/30/2017 N POLICE GRANT PROCEEDS 162-0000-331-22-00 162 12,093.92 Correct portion of AJE #4113 g 9/30/2017 N POOLED CASH ACCOUNT 001-0000-104-00-00 001 -44,067.12 9/30/2017 N DUE FROM OTHER FUNDS 001-0000-131-00-00 001 44,067.12 9/30/2017 N POOLED CASH ACCOUNT 300-0000-104-00-00 300 44,067.12 9/30/2017 N DUE TO OTHER FUNDS 300-0000-207-00-00 300 -44,067.12 9/30/2017 N GENERAL FUND 001 800-0000-290-01-00 800 44,067.12 9/30/2017 N CAP IMPRV-POLICE BLDG 300 800-0000-290-30-30 800 -44,067.12 9/30/2017 Reclass for FS purposes. Zero out Due from Other Govt Agency 601-0000-133-04-00 601 negative cash in Fund 300 and record temp. loan between Fund 300 and GF 9/30/2017 N CONTRACT -RETAINAGE PAYABL 9/30/2017 N INFRASTRUCTURE 9/30/2017 N CONSTRUCTION IN PROGRESS 9/3012017 N CAPITAL EXPENSE RECLASS Remove retainage payable paid in CY 320-0000-206-00-00 320 41,612.67 320-0040-572-03-00 320 -41,612.67 900-0000-169-90-00 900 -41,612.67 900-0000-599-69-99 900 41,612.67 9/30/2017 N ROAD IMPROVEMENTS 900-0000-167-97-02 900 -305,606.26 9130/2017 N SIDEWALKS 900-0000-167-97-03 900 -31,409.21 9/3012017 N ROAD IMPROVEMENTS 900-5002-541-59-02 900 305,606.26 9/30/2017 N SIDEWALKS 900-5002-541-59-12 900 31,409.21 Record GASb 34 Reto Infrastructure 9/30/2017 N Due to Pension Funds 001-0000-207-00-01 001 -8,500.00 9/30/2017 N OTHER CONTRACTUAL SERVS. 001-1003-513-34-00 001 4,250.00 9/30/2017 N OTHER CONTRACTUAL SERVS. 001-2001-521-34-00 001 4,250.00 9/30/2017 N Due from Other Govt Agency 601-0000-133-04-00 601 4,250.00 9/30/2017 N Misc Income 601-0000-360-00-00 601 -4,250.00 9/30/2017 N Due from Other 603-0000-133-00-00 603 4,250.00 9/30/2017 N Misc Income 603-0000-360-00-00 603 -4,250.00 Q