PDF MAURY COUNTY TENNESSEE

ANNUAL FINANCIAL REPORT MAURY COUNTY, TENNESSEE

FOR THE YEAR ENDED JUNE 30, 2018

DIVISION OF LOCAL GOVERNMENT AUDIT

ANNUAL FINANCIAL REPORT MAURY COUNTY, TENNESSEE FOR THE YEAR ENDED JUNE 30, 2018

COMPTROLLER OF THE TREASURY JUSTIN P. WILSON

DIVISION OF LOCAL GOVERNMENT AUDIT JAMES R. ARNETTE Director

JEFF BAILEY, CPA, CGFM, CFE Audit Manager

KENT WHITE, CPA, CGFM, CFE Senior Auditor

MARK HARVILL, CFE KINSLEY HAYES EDUARDO SEBASTIAN, Jr. CHRISVONTA SMITH State Auditors

This financial report is available at ptroller. 2

MAURY COUNTY, TENNESSEE TABLE OF CONTENTS

Summary of Audit Findings

INTRODUCTORY SECTION

Maury County Officials

FINANCIAL SECTION

Independent Auditor's Report BASIC FINANCIAL STATEMENTS:

Government-wide Financial Statements: Statement of Net Position Statement of Activities

Fund Financial Statements: Governmental Funds: Balance Sheet Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position Statement of Revenues, Expenditures, and Changes in Fund Balances Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities Statement of Revenues, Expenditures, and Changes in Fund Balance ? Actual (Budgetary Basis) and Budget: General Fund Proprietary Funds: Statement of Net Position Statement of Revenues, Expenses, and Changes in Net Position Statement of Cash Flows Fiduciary Funds: Statement of Fiduciary Assets and Liabilities

Index and Notes to the Financial Statements REQUIRED SUPPLEMENTARY INFORMATION:

Schedule of Changes in Net Pension Liability (Asset) and Related Ratios Based on Participation in the Public Employee Pension Plan of TCRS ? Primary Government

Schedule of Contributions Based on Participation in the Public Employee Pension Plan of TCRS ? Primary Government

Schedule of Contributions Based on Participation in the Teacher Retirement Plan of TCRS ? Discretely Presented Maury County School Department

Exhibit

A B

Page(s)

6

7

8

9

10-13 14

15-17 18-19

C-1

20-22

C-2

23

C-3

24-25

C-4

26-27

C-5

28-30

D-1

31-32

D-2

33

D-3

34-35

E

36

37-127

128

F-1

129

F-2

130

F-3

131

3

Schedule of Contributions Based on Participation in the Teacher Legacy Pension Plan of TCRS ? Discretely Presented Maury County School Department

Schedule of Proportionate Share of the Net Pension Asset in the Teacher Retirement Pension Plan of TCRS ? Discretely Presented Maury County School Department

Schedule of Proportionate Share of the Net Pension Asset in the Teacher Legacy Pension Plan of TCRS ? Discretely Presented Maury County School Department

Schedule of Changes in the Total OPEB Liability and Related Ratios Local Education Plan ? Discretely Presented Maury County School Department

Notes to the Required Supplementary Information COMBINING AND INDIVIDUAL FUND FINANCIAL

STATEMENTS AND SCHEDULES: Nonmajor Governmental Funds: Combining Balance Sheet Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Schedules of Revenues, Expenditures, and Changes in Fund Balances ? Actual (Budgetary Basis) and Budget: Drug Control Fund Adequate Facilities/Development Tax Fund Highway/Public Works Fund Other Capital Projects Fund Major Governmental Fund: Schedule of Revenues, Expenditures, and Changes in Fund Balance ? Actual and Budget: General Debt Service Fund Fiduciary Funds: Combining Statement of Fiduciary Assets and Liabilities Combining Statement of Changes in Assets and Liabilities ? All Agency Funds Component Unit: Discretely Presented Maury County School Department: Statement of Activities Balance Sheet ? Governmental Funds Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position Statement of Revenues, Expenditures, and Changes in Fund Balances ? Governmental Funds Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities Combining Balance Sheet ? Nonmajor Governmental Funds Combining Statement of Revenues, Expenditures, and Changes in Fund Balances ? Nonmajor Governmental Funds Schedules of Revenues, Expenditures, and Changes in Fund Balances ? Actual and Budget: General Purpose School Fund School Federal Projects Fund Central Cafeteria Fund

4

Exhibit Page(s)

F-4

132

F-5

133

F-6

134

F-7

135

136

137

138-139

G-1

140-143

G-2

144-147

G-3

148

G-4

149

G-5

150

G-6

151-152

153

H

154

155

I-1

156

I-2

157

158

J-1

159

J-2

160-161

J-3

162

J-4

163-164

J-5

165

J-6

166

J-7

167-168

J-8 J-9 J-10

169-170 171 172

Miscellaneous Schedules: Schedule of Changes in Long-term Notes, Other Loans, Bonds, and Capital Leases Schedule of Long-term Debt Requirements by Year Schedule of Transfers ? Primary Government and Discretely Presented Maury County School Department Schedule of Salaries and Official Bonds of Principal Officials ? Primary Government and Discretely Presented Maury County School Department Schedule of Detailed Revenues ? All Governmental Fund Types Schedule of Detailed Revenues ? All Governmental Fund Types ? Discretely Presented Maury County School Department Schedule of Detailed Expenditures ? All Governmental Fund Types Schedule of Detailed Expenditures ? All Governmental Fund Types ? Discretely Presented Maury County School Department Schedule of Detailed Revenues and Expenses ? Central Maintenance/ Garage Fund (Internal Service Fund) Schedule of Detailed Revenues and Expenses ? Solid Waste Disposal Fund (Enterprise Fund) Schedule of Detailed Receipts, Disbursements, and Changes in Cash Balance ? City Agency Fund

SINGLE AUDIT SECTION

Auditor's Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance With Government Auditing Standards

Auditor's Report on Compliance for Each Major Federal Program; Report on Internal Control Over Compliance; and Report on the Schedule of Expenditures of Federal Awards Required by Uniform Guidance

Schedule of Expenditures of Federal Awards and State Grants Summary Schedule of Prior-year Findings Schedule of Findings and Questioned Costs Management's Corrective Action Plan

Exhibit

K-1 K-2 K-3

Page(s)

173

174 175-176

177

K-4 K-5

K-6 K-7

K-8

K-9

K-10

K-11

178 179-192

193-196 197-224

225-240

241-242

243-246

247

248

249-250

251-253 254-255 256-257 258-270 271-278

5

Summary of Audit Findings

Annual Financial Report Maury County, Tennessee For the Year Ended June 30, 2018

Scope

We have audited the basic financial statements of Maury County as of and for the year ended June 30, 2018.

Results

Our report on the financial statements of Maury County is unmodified.

Our audit resulted in 11 findings and recommendations, which we have reviewed with Maury County management. Detailed findings, recommendations, and management's responses are included in the Single Audit section of this report.

Findings

The following are summaries of the audit findings:

OFFICE OF DIRECTOR OF SCHOOLS

Material audit adjustments were required for proper financial statement presentation. The School Department has a material recurring audit finding. The office had deficiencies in budget operations. Payroll liability accounts were not reconciled monthly. Cash on deposit with the trustee was not reconciled properly. The office had weaknesses in posting financial transactions. The Internal Revenue Service assessed the School Department penalties and interest

totaling $371,014. Several credit card charges did not have proper supporting documentation. The School Department had deficiencies in the maintenance of capital asset records. Accrued leave records were not maintained adequately.

OFFICE OF TRUSTEE

The office did not implement adequate controls to protect its information resources.

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INTRODUCTORY SECTION

7

Maury County Officials June 30, 2018

Officials

Charlie Norman, County Mayor Van Boshers, Road Superintendent Christopher Marczak, Director of Schools Steve Konz, Trustee Bobby Daniels, Assessor of Property Joey Allen, County Clerk Sandy McLain, Circuit and General Sessions Courts Clerk Larry Roe, Jr., Clerk and Master John Fleming, Register of Deeds Bucky Rowland, Sheriff Douglas Lukonen, Director of Accounts and Budgets Buddy Harlan, Purchasing Agent Dana Gibson, Director of Human Resources

Board of County Commissioners

Michael Fulbright, Chairman Gerald Adkison Talvin Barner Davis Burkhalter Donna Cook Daniel Cooper Gwynne Evans Craig Harris Patricia Hawkins Don Morrow Kevin Markham

Board of Education

Kristin Parker, Chairperson Nathan Adkison David Bates Howard Beaver Tommy Dudley Bettye Kinser

Budget Committee

Scott Sumners, Chairman Davis Burkhalter Gwynn Evans

Audit Committee

Debbie Turner, Chairperson Karynda Barner Craig Harris

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Terry Potts Eric Previti William Roddy Sonny Shackelford Ricky Sims Sue Stephenson Gary Stovall Scott Sumners Debbie Turner Linda Whiteside Tommy Wolaver

Jyuana Martin David Moore Donna Morency James Pennings Carey Powers

Sue Stephenson Sonny Shackleford Ricky Sims

Vicky Pratt Eric Previti

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