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November 2014 - Financial Statements
HARNETT COUNTY FINANCIAL SUMMARY REPORT November, 2014 GENERAL FUND FYE 2015 Activity 2014 - 2015 Total Adjusted (includes Percent Same Period Budgetencumbrances)to DateLast Fiscal Year DepartmentFYE 2013FYE 2014 Governing Body $ 180,854 $ 164,631 $ 188,313 $ 103,797 55.12% $ 100,526 Administration 339,722 250,759 295,629 202,657 68.55% 134,503 Legal Services 122,070 103,351 119,294 130,043 106,880 109.01% Engineering - 1 - 23,395 18,810 Human Resources 224,821 254,738 272,012 127,211 46.77% 101,375 Board of Elections 357,108 303,532 358,674 169,652 47.30% 104,514 Finance 961,984 729,469 877,297 426,914 48.66% 352,163 Clerk of Court 98,086 77,704 89,554 37,924 42.35% 35,703 Tax 1,664,758 1,569,231 1,741,896 651,895 37.42% 581,455 General Services 473,759 140,485 153,902 64,040 41.61% 45,725 Fleet Maintenance - 438,847 700,730 229,762 32.79% - Transportation 940,206 1,004,266 1,373,723 246,527 17.95% 250,657 Transportation - Admin 188,721 194,790 219,108 64,965 29.65% 66,976 Facilities Maintenance 3,285,478 3,400,887 4,184,554 1,244,528 29.74% 1,064,652 Register of Deeds 761,273 730,166 813,812 249,918 30.71% 239,578 Information Technology 1,256,973 1,301,628 1,776,660 862,753 48.56% 611,088 GIS 440,731 432,327 448,798 166,550 37.11% 148,558 Sheriff 9,344,007 10,166,283 10,603,575 3,924,295 37.01% 3,865,436 Campbell Deputies 357,903 354,232 433,165 165,960 38.31% 121,048 Harnett CJPP 53,836 80,119 - - 23,285 Sheriff's Department Grants 38,810 15,213 25,615 - 0.00% - Child Support Enforcement 67,192 66,257 77,977 28,862 37.01% 21,594 Governor's Highway Safety 112,332 26,536 - - 500 Life is Fragile (NCGCC) 29,531 - - - - Communications 1,116,529 1,219,142 1,549,815 492,454 31.78% 369,901 Jail 4,187,264 4,306,490 4,886,316 1,812,418 37.09% 1,445,555 Emergency Services 712,960 737,021 808,957 292,615 36.17% 254,967 Emergency Services Grant 1,000 32,000 - - 26,484 Emergency Medical Service 4,179,979 3,991,897 4,056,454 1,595,997 39.34% 2,775,001 EMS Transport 960,370 1,083,318 1,197,127 406,258 33.94% 373,681 Rescue Districts 3,225,144 3,314,704 3,361,704 1,680,853 50.00% - Animal Services 381,748 376,744 476,149 152,804 32.09% 117,674 Medical Examiner 40,200 50,000 65,000 25,150 38.69% 16,450 JCPC Admin - - 5,000 464 9.28% - Public Safety Appropriations 126,278 124,334 79,429 28,983 36.49% 117,674 Emergency Telephone System 243,460 240,521 258,736 104,898 40.54% 16,450 Radio System 474,341 300,204 302,100 88,964 29.45% 117,195 Harnett Regional Jetport 179,592 174,955 205,244 65,744 32.03% 83,282 Soil & Water 119,598 124,133 175,754 56,349 32.06% 33,843 Environmental Protection 4,000 4,000 14,000 4,000 28.57% 4,000 Forestry Program 113,334 114,849 114,992 35,731 31.07% - Economic/Physical Dev. App. 1,509,397 449,748 595,500 132,275 22.21% 129,770 Industrial Development 1,462,725 776,301 884,353 320,473 36.24% 146,400 Planning & Inspections 1,437,604 1,321,571 1,385,295 549,946 39.70% 436,357 Community Development (BG) - 1,129 1,300 320 24.62% 235 Abandoned MFG Home - 31,903 48,233 15,526 32.19% - Cooperative Extension 427,644 351,557 426,582 96,608 22.65% 119,491 CCR&R - Block Grant 27,369 31,419 33,673 13,312 39.53% 8,084 CCR&R - United Way - 2,483 2,678 298 11.13% - Parents As Teachers 226,262 158,263 59,500 12,250 20.59% 51,849 Adolescent Parenting 60,003 59,107 60,000 25,544 42.57% 15,820 U:\\My Documents\\Monthly Reports\\2014 - 2015\\November 2014 - Financial Statements.xlsx HARNETT COUNTY FINANCIAL SUMMARY REPORT November, 2014 GENERAL FUND FYE 2015 Activity 2014 - 2015 Total Adjusted (includes Percent Same Period Budgetencumbrances)to DateLast Fiscal Year DepartmentFYE 2013FYE 2014 CCR&R - Smart Start 17,922 - - - 250 4-H Teen Court & At Risk 30,804 45,686 49,773 16,941 34.04% 12,007 Child Care Youth Training - 27,367 17,897 - 0.00% 8,251 Race to the Top - 13,570 27,775 6,667 24.00% 4,797 Adolescent Parenting - 3,789 - - 3,789 Department on Aging 293,761 283,332 314,750 115,226 36.61% 114,026 Family Caregiver Support 38,363 51,769 61,146 24,601 40.23% 19,965 RSVP 72,852 73,276 77,705 32,386 41.68% 25,156 CAP - Disabled Adults 291,181 326,783 331,970 136,625 41.16% 111,611 Nutrition for Elderly 405,545 378,087 432,711 160,262 37.04% 144,023 Health 5,932,196 5,787,018 7,391,452 2,283,675 30.90% 1,872,781 Mental Health 615,679 815,679 605,679 302,840 50.00% 502,840 Social Services 9,418,756 9,359,396 10,381,679 3,811,247 36.71% 3,117,493 Public Assistance 7,944,608 7,829,453 9,721,093 2,892,952 29.76% 2,896,559 Veteran's Services 166,579 172,197 176,245 73,265 41.57% 56,228 Restitution 127,765 110,369 120,868 46,333 38.33% 38,017 Human Services App. 174,635 99,840 99,000 75,298 76.06% 74,713 Library 881,506 928,107 1,082,480 378,579 34.97% 334,828 Cultural & Recreational App. 167,000 100,000 150,000 - 0.00% 100,000 Parks & Recreation 319,254 363,011 436,081 160,526 36.81% 144,111 Education Board of Education - current 20,288,004 20,523,700 21,523,700 8,968,208 41.67% 8,551,542 Board of Education - capital - - - - - Central Carolina - current 638,841 927,711 917,467 382,278 41.67% 386,546 Central Carolina - capital 23,973 - - - - Central Carolina - works - 25,000 25,000 - 0.00% - Interfund Transfers 455,491 1,903,876 43,334 26,667 61.54% 36,667 Debt Service 11,486,712 13,902,144 15,185,209 9,722,390 64.03% 754,529 Contingency - - - - - Total$ 102,308,383 $ 105,234,405 $ 114,981,193 $ 46,748,84840.66%$ 33,965,918 2014 - 2015 Total Adjusted Percent FYE 2015 Same Period BudgetActivityto DateLast Fiscal Year Revenues:FYE 2013FYE 2014 Ad Valorem Taxes Real and Personal$ 54,273,480$ 54,120,822$ 52,510,671$ 28,963,28955.16%$ 31,814,985 Motor Vehicles - 3,949,979 5,340,855 1,900,88335.59% - Sales Tax 14,238,193 14,884,497 14,980,744 2,399,70116.02% - Other taxes 1,010,549 1,037,719 1,200,000 332,256 27.69% - Permits & Fees 3,089,188 2,763,205 2,927,767 791,667 27.04% 970,054 Intergovernmental Revenue 20,204,388 19,304,274 19,928,201 5,062,98625.41% 4,850,273 Sales & Services 9,422,096 7,658,151 9,694,505 2,471,72125.50% 2,149,921 Other Revenues 2,902,980 3,451,519 3,789,373 1,097,61228.97% 590,465 Rents, Concessions. & Fees 83,870 77,898 84,251 24,35628.91% 9,146 Other Finance Sources 960,622 857,548 450,000 - 0.00% - Interfund Transfers 438,263 460,947 492,541 - 0.00% - Fund Balance Appropriated - - 3,582,285 - 0.00% - Total$ 106,623,629 $ 108,566,559 $ 114,981,193 $ 43,044,47137.44%$ 40,384,844 Revenues over/(under) expenditures$ (3,704,377) 6,418,926 U:\\My Documents\\Monthly Reports\\2014 - 2015\\November 2014 - Financial Statements.xlsx HARNETT COUNTY FINANCIAL SUMMARY REPORT November, 2014 GENERAL FUND Cash and Investments CashTax LockboxMBSNCCMTTotal November, 2014$ 2,599,381$ 475$ 400,000$ 24,393,150$ 27,393,006 October, 2014$ -$ 475$ -$ 24,307,459$ 24,307,934 September, 2014$ -$ 475$ -$ 26,396,094$ 26,396,569 August, 2014$ -$ 475$ -$ 19,277,617$ 19,278,091 July, 2014$ -$ 475$ -$ 20,554,835$ 20,555,310 June, 2014$ 2,799,637$ 475$ -$ 21,645,331$ 24,445,443 May, 2014$ 5,325,561$ 27,888 $ -$ 20,305,523$ 25,658,972 April, 2014$ 12,798,914$ 27,888 $ -$ 20,164,065$ 32,990,868 March, 2014$ 14,373,115$ 27,887 $ -$ 18,787,339$ 33,188,341 February, 2014$ 16,560,067$ 27,845 $ -$ 16,075,525$ 32,663,437 January, 2014$ 17,860,088$ 27,845 $ -$ 15,963,619$ 33,851,552 December, 2013$ 10,145,781$ 27,845 $ -$ 14,551,933$ 24,725,559 November, 2013$ 16,621,211$ 27,858 $ -$ 12,624,371$ 29,273,440 Debt Service and Transfer Requirements Current YearOutstanding Interest$ 5,465,931$ 58,811,027 Principal 9,719,278 143,630,869 Transfers Out 43,334 - $ 15,228,543$ 202,441,896 Estimated Fund Balance In the governmental fund financial statements, fund balance is composed of five classifications designed to disclose the hierarchy of This classification includes amounts that cannot be spent because they are either (a) not in spendable Non-Spendable Fund Balance - The classification includes amount that are restricted to specific purposes externally imposed by Restricted Fund Balance - This classification represents the portion of fund balance that can only be used for specific purposes Committed Fund Balance - That portion of fund balance that the County intends to use for specific purposes. The County Assigned Fund Balance - This classification represents the portion of fund balance that has not been assigned to another fund or Unassigned Fund Balance - U:\\My Documents\\Monthly Reports\\2014 - 2015\\November 2014 - Financial Statements.xlsx HARNETT COUNTY FINANCIAL SUMMARY REPORT November, 2014 GENERAL FUND Unassigned Fund Balance at June 30, 2014$ 18,732,09517.90% Unaudited 06/30/2014 Revenues over/(under) Expenditures Year to Date Revenues over/(under) Expenditures (3,704,377) 15,027,718 Remaining Debt Payments for this Year (5,462,819) Outstanding budget amendments - Year to Date Fund Balance Appropriated (3,582,285) (9,045,104) IftheCountyweretostopoperationsattheendofthismonthandhad $ 5,982,614 nofurtherreceivablesorpayables,thenthiswouldbetheestimated fund balance amount and its percentage of expenditures. 5.20% Amount by which fund balance percentage will change$ 1,149,812 The County Board of Commissioners have approved a fund balance policy which strives to maintain a minimum fund balance of 15%. U:\\My Documents\\Monthly Reports\\2014 - 2015\\November 2014 - Financial Statements.xlsx HARNETT COUNTY FINANCIAL SUMMARY REPORT November, 2014 PUBLIC UTILITIES FUND FYE 2015 Activity 2014 - 2015 Total Adjusted (includes Percent Same Period Budgetencumbrances)to DateLast Fiscal Year DepartmentFYE 2013FYE 2014 Admin/CSR/Meter Services$ 37,598,026$ 19,229,033$ 13,146,523$ 3,853,49129.31%$ 1,921,947 Water Treatment 3,571,705 3,671,291 4,397,498 1,197,94227.24% 1,170,212 Wastewater Treatment 1,790,807 1,965,319 2,349,238 628,634 26.76% 579,276 Wastewater Treatment SHWW 1,358,206 1,860,402 2,336,717 607,551 26.00% 509,986 Distribution 3,349,268 3,383,463 4,167,901 1,421,65134.11% 1,042,109 Collections 3,056,462 2,975,052 3,486,170 1,063,63230.51% 933,499 Total$ 50,724,474$ 33,084,560$ 29,884,047$ 8,772,90129.36%$ 6,157,029 2014 - 2015 Total Adjusted Percent FYE 2015 Same Period BudgetActivityto DateLast Fiscal Year Revenues:FYE 2013FYE 2014 Intergovernmental Revenue$ 3,703$ 3,703$ 3,600$ -0.00%$ - Sales & Services 27,670,467 30,275,723 26,921,865 12,036,66544.71%$10,870,361 Other Revenues 4,934,826 13,281,536 1,788,900 471,536 26.36%$146,547 Rents, Concess. & Feees 5,531 96 5,000 140.28% - Other Finance Sources 20,065,000 473,683 - 1,230,196 - Interfund Transfers - 150,000 - - - Fund Balance Appropriated - - 1,164,682 - 0.00% - Total$ 52,679,527$ 44,184,741$ 29,884,047$ 13,738,41145.97%$ 11,016,908 Revenues over/(under) expenses$ 4,965,510$ 4,859,879 Cash and Investments CashLockboxNCCMTTotal November, 2014$ 29,119,405$ 38,435 $ 519,270$ 29,677,110 October, 2014$ 29,394,358$ -$ 517,712$ 29,912,069 September, 2014$ 28,441,620$ -$ 517,378$ 28,958,997 August, 2014$ 25,475,483$ -$ 516,449$ 25,991,932 July, 2014$ 25,392,786$ -$ 515,469$ 25,908,254 June, 2014$ 23,566,116$ -$ 512,929$ 24,079,044 May, 2014$ 22,909,362$ -$ 511,160$ 23,420,522 April, 2014$ 24,890,282$ -$ 505,012$ 25,395,294 March, 2014$ 25,824,291$ -$ 497,945$ 26,322,236 February, 2014$ 21,864,353$ -$ 458,673$ 22,323,026 January, 2014$ 21,428,607$ -$ 455,673$ 21,884,280 December, 2013$ 19,879,494$ -$ 454,890$ 20,334,384 November, 2013$ 19,734,711$ -$ 453,440$ 20,188,151 Debt Service and Transfer Requirements Current YearOutstanding Interest$ 2,999,352$ 36,944,577 Principal$ 4,922,410 87,739,896 Transfers Out$ 1,164,682 - $ 9,086,444$ 124,684,473 U:\\My Documents\\Monthly Reports\\2014 - 2015\\November 2014 - Financial Statements.xlsx HARNETT COUNTY FINANCIAL SUMMARY REPORT November, 2014 SOLID WASTE FUND FYE 2015 Activity 2014 - 2015 Total Adjusted (includes Percent Same Period Budgetencumbrances)to DateLast Fiscal Year DepartmentFYE 2013FYE 2014 Solid Waste$ 5,073,308$ 5,161,897$ 5,394,790$ 1,599,39429.65%$ 1,726,319 Total$ 5,073,308$ 5,161,897$ 5,394,790$ 1,599,39429.65%$ 1,726,319 2014 - 2015 Total Adjusted Percent FYE 2015 Same Period BudgetActivityto DateLast Fiscal Year Revenues:FYE 2013FYE 2014 Taxes$ 227,228$ 237,297$ 259,000$ 59,931 23.14%$ 69,042 Intergovernmental Revenue - - 25,000 - - Sales & Services 4,776,288 5,006,315 5,097,390 2,429,76947.67% 2,402,470 Other Revenues 638,962 378,116 2,400 88736.96% 2,070 Rents, Concess. & Feees 430 243 - 64 14 Other Finance Sources 582,662 739,763 - - 739,763 Interfund Transfers - - - - - Fund Balance Appropriated - - 11,000 - 0.00% - Total$ 6,225,570$ 6,361,734$ 5,394,790$ 2,490,65146.17%$ 3,213,359 Revenues over/(under) expenses$ 891,257$ 1,487,040 Cash and Investments CashSun TrustFirst BankNCCMTTotal November, 2014$ 1,239,986$ 267,007$ 268,860$ 356,254$ 2,132,107 October, 2014$ 635,163$ 256,610$ 253,226$ 296,324$ 1,441,322 September, 2014$ 783,054$ 237,379$ 234,622$ 296,324$ 1,551,379 August, 2014$ 513,937$ 202,029$ 206,671$ 296,324$ 1,218,960 July, 2014$ 481,103$ 193,679$ 199,824$ 242,829$ 1,117,436 June, 2014$ 709,310$ 153,450$ 169,118$ 242,829$ 1,274,707 May, 2014$ 1,018,519$ 153,450$ 169,118$ 242,829$ 1,583,916 April, 2014$ 517,264$ 144,082$ 159,723$ 190,383$ 1,011,453 March, 2014$ 659,891$ 122,417$ 153,463$ 190,282$ 1,126,053 February, 2014$ 929,101$ 98,860 $ 110,949$ 190,282$ 1,329,192 January, 2014$ 1,206,501$ 94,942 $ 110,849$ 127,968$ 1,540,260 December, 2013$ 462,549$ 77,362 $ 102,262$ 127,968$ 770,141 November, 2013$ 463,532$ 70,276 $ 88,219 $ 127,968$ 749,995 Debt Service and Transfer Requirements Current YearOutstanding Interest$ 127,786$ 796,081 Principal 403,867 3,338,828 Transfers Out - - $ 531,653$ 4,134,909 U:\\My Documents\\Monthly Reports\\2014 - 2015\\November 2014 - Financial Statements.xlsx HARNETT COUNTY FINANCIAL SUMMARY REPORT November, 2014 WORKER'S COMPENSATION FUND FYE 2015 Activity 2014 - 2015 Total Adjusted (includes Percent Same Period Budgetencumbrances)to DateLast Fiscal Year CategoryFYE 2013FYE 2014 Paid Claims$ -$ -$ 1,250,000$ 138,06411.05%$ 765,945 Fixed Cost - - - - 1,000 Total$ -$ -$ 1,250,000$ 138,064$ 766,945 11.05% 2014 - 2015 Total Adjusted Percent FYE 2015 FYE 2015 BudgetActivityto DateActivity Revenues:FYE 2013FYE 2014 Departmental Charge$ -$ -$ 1,000,000$ 365,83936.58%$ 710,342 Other revenues - - 250,000 53,93721.57% 181,534 Fund Balance Appropriated - - - - - Total$ -$ -$ 1,250,000$ 419,77633.58%$ 891,876 Revenues over/(under) expenses$ 281,712$ 124,931 Loss Ratio37.74% Cash and Investments CashNCCMTTotal November, 2014$ 740,749$ 562,026$ 1,302,775 October, 2014$ 667,246$ 562,026$ 1,229,273 September, 2014$ 361,074$ 562,026$ 923,101 August, 2014$ 368,074$ 562,026$ 930,101 July, 2014$ 362,656$ 562,026$ 924,682 June, 2014$ 742,259$ 562,026$ 1,304,285 May, 2014$ 899,419$ -$ 899,419 April, 2014$ 80,633 $ -$ 80,633 March, 2014$ 43,455 $ -$ 43,455 February, 2014$ 50,455 $ -$ 50,455 January, 2014$ 38,472 $ -$ 38,472 December, 2013$ 380,230$ -$ 380,230 November, 2013$ 375,900$ -$ 375,900 Liability Liability as of July 1$ 3,189,117 # of Claims this 22 Current year claims and fiscal year changes in estimates 21,740 Actual claim payments 8,642 Liability as of end of month$ 3,202,215 U:\\My Documents\\Monthly Reports\\2014 - 2015\\November 2014 - Financial Statements.xlsx HARNETT COUNTY FINANCIAL SUMMARY REPORT November, 2014 MEDICAL INSURANCE FUND FYE 2015 Activity 2014 - 2015 Total Adjusted (includes Percent Same Period Budgetencumbrances)to DateLast Fiscal Year CategoryFYE 2013FYE 2014 Paid Claims$ -$ -$ 5,490,000$ 1,200,56921.87%$ - Fixed Cost - - 637,000 316,134 49.63% - Total$ -$ -$ 6,127,000$ 1,516,703$ - 24.75% 2014 - 2015 Total Adjusted Percent FYE 2015 FYE 2015 BudgetActivityto DateActivity Revenues:FYE 2013FYE 2014 Medical Premiums$ -$ -$ 6,127,000$ 2,972,24548.51%$ - Other revenues - - - 10,783 - Fund Balance Appropriated - - - - - Total$ -$ -$ 6,127,000$ 2,983,02848.69%$ - Revenues over/(under) expenses$ 1,466,325$ - Loss Ratio51.03% Cash and Investments CashNCCMTTotal November, 2014$ 1,271,922$ 543,297$ 1,815,219 October, 2014$ 970,266$ 543,297$ 1,513,564 September, 2014$ 1,086,724$ 543,297$ 1,630,021 August, 2014$ 1,042,547$ 543,297$ 1,585,844 July, 2014$ 768,924$ 543,297$ 1,312,222 June, 2014$ -$ -$ - May, 2014$ -$ -$ - April, 2014$ -$ -$ - March, 2014$ -$ -$ - February, 2014$ -$ -$ - January, 2014$ -$ -$ - December, 2013$ -$ -$ - November, 2013$ -$ -$ - U:\\My Documents\\Monthly Reports\\2014 - 2015\\November 2014 - Financial Statements.xlsx HARNETT COUNTY FINANCIAL SUMMARY REPORT November, 2014 DENTAL INSURANCE FUND FYE 2015 Activity 2014 - 2015 Total Adjusted (includes Percent Same Period Budgetencumbrances)to DateLast Fiscal Year CategoryFYE 2013FYE 2014 Paid Claims$ -$ -$ 340,000$ 85,443 25.13%$ - Fixed Cost - - 36,000 14,78641.07% - Total$ -$ -$ 376,000$ 100,229$ - 26.66% 2014 - 2015 Total Adjusted Percent FYE 2015 FYE 2015 BudgetActivityto DateActivity Revenues:FYE 2013FYE 2014 Dental Premiums$ -$ -$ 376,000$ 155,96541.48%$ - Other revenues - - - 166,433 - Fund Balance Appropriated - - - - - Total$ -$ -$ 376,000$ 322,39885.74%$ - Revenues over/(under) expenses$ 222,170$ - Loss Ratio64.26% Cash and Investments CashNCCMTTotal November, 2014$ 222,170$ -$ 222,170 October, 2014$ 210,907$ -$ 210,907 September, 2014$ 203,941$ -$ 203,941 August, 2014$ 204,905$ -$ 204,905 July, 2014$ 192,296$ -$ 192,296 June, 2014$ -$ -$ - May, 2014$ -$ -$ - April, 2014$ -$ -$ - March, 2014$ -$ -$ - February, 2014$ -$ -$ - January, 2014$ -$ -$ - December, 2013$ -$ -$ - November, 2013$ -$ -$ - U:\\My Documents\\Monthly Reports\\2014 - 2015\\November 2014 - Financial Statements.xlsx