CITY OF COLUMBUS

C C ITY OF OLUMBUS

OHIO

COMPREHENSIVE ANNUAL FINANCIAL REPORT

For the Fiscal Year Ended December 31, 2017 Issued by

CITY AUDITOR MEGAN N. KILGORE

City of Columbus, Ohio Comprehensive Annual Financial Report For the Fiscal Year Ended December 31, 2017

Issued by: City Auditor's Office Megan N. Kilgore City Auditor

City of Columbus, Ohio

This page is left blank intentionally.

INTRODUCTORY SECTION

City of Columbus, Ohio

COMPREHENSIVE ANNUAL FINANCIAL REPORT

For the Fiscal Year Ended December 31, 2017

Table of Contents

INTRODUCTORY SECTION

Exhibit

Table of Contents ............................................................................................. Letter of Transmittal......................................................................................... GFOA Certificate of Achievement................................................................... Organization Chart ........................................................................................... List of Principal Officials ................................................................................. City Auditor's Staff...........................................................................................

FINANCIAL SECTION

Independent Auditors' Report...........................................................................

Management's Discussion and Analysis ..........................................................

Basic Financial Statements:

Government-wide Financial Statements:

Statement of Net Position .................................................................

1

Statement of Activities .....................................................................

2

Fund Financial Statements:

Balance Sheet ? Governmental Funds ..............................................

3

Reconciliation of the Balance Sheet to the

Statement of Net Position ? Governmental Funds...................

3.1

Statement of Revenues, Expenditures, and Changes in

Fund Balances ? Governmental Funds ....................................

4

Reconciliation of the Statement of Revenues, Expenditures, and

Changes in Fund Balances to the

Statement of Activities ? Governmental Funds .......................

4.1

Statement of Net Position ? Proprietary Funds ................................

5

Statement of Revenues, Expenses, and Changes in

Fund Net Position ? Proprietary Funds ...................................

6

Statement of Cash Flows ? Proprietary Funds..................................

7

Statement of Fiduciary Assets and Liabilities? Fiduciary Funds .....

8

Notes to the Financial Statements:

A. Summary of Significant Accounting Policies.......................... B. Commitments and Contingencies ............................................ C. Cash and Investments .............................................................. D. Receivables .............................................................................. E. Due From and Due To Other Funds ........................................ F. Capital Assets .......................................................................... G. Long Term Liabilities ..............................................................

Page No. 1 9

17 18 19 20

21 25

45 46

48 49 50

51 52 53 54 56

58 69 70 75 76 77 79

1

City of Columbus, Ohio

Notes to the Financial Statements (Continued)

H. Deferred Inflows/Deferred Outflows of Resources ................. I. Property Leased to Others ....................................................... J. Lease Commitments and Leased Assets.................................. K. Pension Plans ........................................................................... L. Taxes........................................................................................ M. Tax Abatements ....................................................................... N. Fund Balance ........................................................................... O. Miscellaneous Revenues.......................................................... P. Transfers .................................................................................. Q. Component Units-

The RiverSouth Authority and The Columbus Next Generation Corporation. ..........................................................

Exhibit

Required Supplementary Information ..............................................................

Budgetary Comparison Schedule ? General Fund...................................

9

Schedule of City's Proportionate Share of Net Pension Liability ...........

10

Schedule of City Contributions to State Pension Funds ..........................

11

Notes to the Required Supplementary Information .................................

Supplementary Information..............................................................................

Major Governmental Funds: ...................................................................

Schedule of Expenditures ? Budget and Actual Budget Basis

? General Fund .................................................................

A-1

Schedules of Revenues, Expenditures, and Changes in Fund Balances? Budget and Actual?Budget Basis

? Special Income Tax ........................................................

A-2

Other Governmental Funds: ....................................................................

Combining Balance Sheet ?

Nonmajor Governmental Funds ...............................................

B-1

Combining Statement of Revenues,

Expenditures, and Changes in Fund Balances

Nonmajor Governmental Funds ................................................

B-2

Page No. 97 98 99

100 111 112 114 116 117

118

121 123 124 125 126 129 131

132

137 139

141

162

2

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download