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Home My WebLink AboutCHERRY BEKARET HOLLAND SPECIAL ONE PERCENT SALES AND USE TAX I I I I I I I I I I I I I I I I I I I AUGUSTA, GEORGIA SPECIAL ONE PERCENT SALES AND USE TAX December 31, 2006 I I I I I I I I I I I I I I I I I I I AUGUST A, GEORGIA SPECIAL ONE PERCENT SALES AND USE TAX Table of Contents Report of Independent Certified Public Accountants on the Schedule of Special One Percent Sales and Use Tax Performed in Accordance with Government Auditing Standards Schedule of Special One Percent Sales and Use Tax Notes to Schedule of Special One Percent Sales and Use Tax Page 2 9 I I I I I I Report of Independent Certified Public Accountants on the Schedule of Special One Percent Sales and Use Tax Performed in Accordance with Government Auditing Standards I I I I Augusta-Richmond County Commission Augusta, Georgia We have audited the basic financial statements of the governmental activities, the business-type activities, Augusta Canal Authority, each major fund and the aggregate remaining fund information of Augusta, Georgia as of December 31, 2006 and for the year then ended, which collectively comprise the City's basic financial statements, and have issued our report thereon dated June 29, 2007. These financial statements are the responsibility of the Augusta, Georgia management. Our responsibility is to express opinions on these basic financial statements based on our audit. I I I We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the basic financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the basic [mancial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall basic financial statement presentation. We believe that our audit and the reports of other auditors provide a reasonable basis for our opinions. I I I I I I As explained in Note 1, the accompanying Schedule of Special One Percent Sales and Use Tax of Augusta, Georgia, as of and for the year ended December 31, 2006, as listed in the table of contents, is not a presentation in conformity with accounting principles generally accepted in the Unites States of America. In our opinion, the accompanying Schedule of Special One Percent Sales and Use Tax is fairly stated, in all material respects, in relation to the portion of the basic financial statements from which it has been derived. This report is intended solely for the information and use of management and the Board of Commissioners of Augusta, Georgia, and is not intended to be and should not be used by anyone other than these specified parties. ~~(6tW I ~I L.L)l. Augusta, Georgia June 29,2007 I AUGUST A, GEORGIA SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX I YEAR ENDED DECEMBER 31,2006 Estimated Prior Current Percentage Original Cost Current Cost Years' Year Total of Proiects Estimate Estimate Cost Cost Cost Completion I Sand Hills Park $ 50,000 $ 48.286 $ 48,286 $ $ 48,286 100% Reynolds Park renovation 63,000 48,000 47,243 47,243 98% Tanglewood Park renovation 30,000 30,000 25,849 25,849 86% I Wood Park 45,000 45,002 45,002 45,002 100% Lake Olmstead Bike Trail 90,000 90,000 90,000 90,000 100% Radford Park renovation 34,868 32,679 32,679 32,679 100% Katherine Street 145,178 152,855 153,855 153,855 101% Georgia Regional 927 6,573 7 7 0% I Augusta Canal - hand rail 50,000 50,133 50,133 50,133 100% Radio Control RR Switches 100,000 100,000 100,000 100% Parham Rd hnprovement 7,334 7,361 7,361 100% Camp Angehele Road 12,343 12,343 12,343 100% I Corridor & Gateway Entrance 25,000 0% Suburhan Forces Capital Equipment II 1,411,000 1,428,813 1,384,466 1,384,466 97% Butts Memorial Bridge repair 245,000 245,931 184,899 184,899 75% Phinizy swamp drainage improvement I 273,884 274,925 1,443 1,443 1% Alexander Drive culvert repair 36,870 34,219 34,219 34,219 100% I Alexander Drive Culvert Repair II 18,500 18,570 18,597 18,597 100% Raes Creek Channelization IV 13,325 13,194 13,194 13,194 100% Traffic engineering improvement Phase II 460,000 514,824 373,910 81,050 454,960 88% Paving various roads 1,026,875 518,021 518,021 518,021 100% I Paving Various Roads 834,454 69,979 470,658 540,637 65% Canal Authority 500,000 501,801 501,801 501,801 100% Arts Council 100,000 100,000 97,618 97,618 98% Fore Augusta 100,000 100,000 100,000 100,000 100% Historic Augusta 100,000 100,000 100,000 100,000 100% I Museum 200,000 200,000 200,000 200,000 100% New Hope Community Center 100,000 0% hnperial Theater 150,000 150,000 150,000 150,000 100% Augusta Mini Theater 150,000 150,000 0% 4- H Club Road 41,000 65,339 60,413 60,413 92% I Riverwalk Playground 40,000 41,353 40,412 40,412 98% Bob Baurle Boat Landing 150,000 103,278 68,694 8,260 76,954 75% May Park 120,000 129,677 114,209 114,209 88% Old Government House 120,000 123,087 87,927 1,995 89,922 73% I Sand Hills Park 1,080,000 1,199,406 1,193,839 1,193,839 100% The Boathouse 90,000 105,079 78,157 1,597 79,754 76% Elliot Park 400,000 418,606 139,296 258,680 397,976 95% Savannah Place Park 455,000 859,168 790,215 23,799 814,014 95% Augusta Soccer Complex 120,000 131,858 130,610 130,610 99% I Diamond Lakes Regional Park 5,800,000 1,683,307 1,532,758 85,464 1,618,222 96% McDuffie Woods Center 90,000 7,188 8,161 8,161 114% Augusta Aquatics Center 180,000 186,007 126,443 19,067 145,510 78% Augusta Golf Course (*1) 1,600,000 1,611,409 1,555,226 24,852 1,580,078 98% Belle Terrace Park 120,000 51,429 47,454 47,454 92% I Blythe Recreation Center 120,000 124,148 106,819 3,594 110,413 89% Brookfield Park 1,200,000 1,254,024 1,167,371 65,631 1,233,002 98% Warren Road Center 120,000 146,990 95,247 29,046 124,293 85% McBean Community Center 1,020,000 1,119,434 1,039,219 1,039,219 93% I Transit (purchase buses) 250,000 385,336 321,584 321,584 83% Additional funds required to build a new 1,000,000 1,256,184 1,256,183 1,256,183 100% Board of Health 2,000,000 2,000,000 2,000,000 2,000,000 100% Materials for new facilities 1,000,000 1,027,405 1,027,404 1,027,404 100% JLEC (Re-roofing at 401 Walton Way) 395,500 398,790 71,490 71 ,490 18% I Phinizy Road Jail, JLEC and 911 282,500 202,034 196,410 196,410 97% Records Retention Building Roof 107,400 110,546 44,479 66,068 110,547 100% JLEC (Replace exterior finish) 565,000 971,865 563,845 11,061 574,906 59% JudiciaVCourts Building 20,000,000 20,391,431 2,328,483 1,212,650 3,541,133 17% I Tree replacement 398,000 387,581 332,957 52,505 385,462 99% Irrigation automation 102,000 123,721 3,540 3,540 3% Payoff existing leases 4,084,637 3,430,393 3,430,388 3,430,388 100% Construction of Station # 7 (Willis Foreman 1,500,000 1,510,886 1,410,852 1,410,852 93% Combine Station # land #19 (East 1,521,000 1,635,180 1,633,737 1,633,737 100% I Construction of Station # 19 1,479,000 1,489,679 1,425,037 1,425,037 96% Laney Walker Boulevard 2,783,555 2,486,984 2,486,984 89% Adjusting Roadway Structure V 72,369 72,369 72,369 100% SR 121@WndsorSpringTraffic 85,800 28,399 2,236 26,163 28,399 100% ARC drainage improvements Phase I 116,750 II 7,064 94,260 94,260 81% I ARC drainage improvements Phase II 53,100 84,427 50,729 50,729 60% SR 56 @ Goshen Road 88,000 362,718 362,718 362,718 100% 2 I I AUGUST A, GEORGIA SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - CONTINUED I YEAR ENDED DECEMBER 31,2006 Estimated Prior Current Percentage Original Cost Current Cost Years' Year Total of I Proiects Estimate Estimate Cost Cost Cost Completion Belair Road improvement 2,361,000 2,367,036 137,754 2,949 140,703 6% Berckman's Road 2,713,000 14,284 14,284 14,284 100% Courtney's Detention Pond Emer Rep 70,805 71,074 69,923 69,923 98% I Travis/ Plantation Road 2,361,000 2,368,255 151,366 32,000 183,366 8% County Forces 3,672,500 4,248,659 1,933,289 1,269,000 3,202,289 75% Miscellaneous grading & drainage 4,650,000 2,843,905 587,567 291,023 878,590 31% Resurfacing County Forces 5,975,000 4,624,324 725,316 725,316 16% I Resurfacing 8,500,000 7,438,208 1,526,889 1,526,889 21% Paving various dirt roads 7,000,000 4,450,001 3,315,546 73,382 3,388,928 76% Rail Road crossing improvement 750,000 825,258 101,238 101,238 12% Downtown traffic signal & street Iight- 2,656,200 2,650,196 441,959 2,634 444,593 17"10 Downtown traffic signal & street light 1,469,000 1,486,979 186,977 186,977 13% I East Boundary improvements 1,318,700 4,120,907 438,748 152,578 591,326 14% Wheeler Road operational 433,600 416,574 52,674 52,674 13% Wrightsboro Road Widening Phase I 3,143,700 3,182,139 426,989 426,989 13% Washington Road intersection 849,800 1,117,745 155,003 246,566 401,569 36% I Hollywood SID Area 2,640,800 2,662,163 325,160 325,160 12% Telephone system upgrade 527,082 535,811 535,812 535,812 100% GIS 474,400 482,274 475,060 475,060 99% Document imaging system 418,518 425,586 425,588 425,588 100% Springfield Village 200,000 200,000 81,284 81,284 41% I Dyess Park 60,000 65,213 31,414 13,291 44,705 69% Newman Tennis Center 120,000 121,475 70,225 1,449 71,674 59% South Augusta Branch Library 1,625,000 5,926,028 5,490,596 222,409 5,713,005 96% Library - main branch 7,375,000 7,421,875 761,157 515,244 1,276,401 17% Construction of Station #8 1,500,000 1,500,957 1,438,500 1,438,500 96% I Station 15 (Wrightsboro Road) 1,500,000 1,699,791 1,699,789 (9,000) 1,690,789 99% Engines 3,484,000 3,454,544 3,454,540 3,454,540 100% Aerials 1,300,000 1,312,973 1,311,971 1,311,971 100% Construction of Station # 12 (Heph Mcbean 1,500,000 1,341,361 1,275,233 1,275,233 95% I Paving various dirt roads 1,000,000 920,725 346,883 346,883 38% East Boundary Street & drainage 1,318,700 151,497 1,497 1,497 1% W rightsboro Road improvements 1,500,000 1,514,969 14,968 14,968 1% Walton Way Extension / Davis Road 350,000 356,940 75,052 7,840 82,892 23% Windsor Spring Road Section N 1,250,000 1,262,590 123,590 123,590 10% I Windsor Spring Rd Section V(SR88 1,257,484 7,484 7,484 1% Washington Road Sidewalk 276,000 1,311 1,311 1,311 100% St Sebastian Way/Greene St/ 15th Street 3,457,800 4,737,340 581,416 2,775,610 3,357,026 71% Traffic improvement 621,500 705,892 86,012 221,687 307,699 44% ANIClHopkins Street hoprovements 2,000,000 1,172,188 72,188 72,188 6% I Windsor Spring Road Section N (Willis 678,000 726,542 614,463 614,463 85% Rifle Range Road @ Belair Road 62,200 60,982 5,981 5,981 10% Lake Olmstead Park 425,000 455,657 419,761 19,920 439,681 96% Bernie Ward 105,045 69,977 (8,016) 61,961 59% I Fleming Tennis 100,195 83,349 16,846 100,195 100% Meadowbrook Park 90,873 75,286 15,587 90,873 100% Hepzibah Community Ctr 83,633 31,663 6,221 37,884 45% DDA 850,991 605,991 605,991 71% St Sebastian Way/Greene St 675,543 543 543 0% I Belair Hills Est hop(W &S) 112,603 110,220 2,385 112,605 100% Pinnacle Place Drg hop 734,066 60,923 13,426 74,349 10% SR 4/1 5th @cr2207(CentraIAve) 15,000 0% Richmond Hill Rd Sidewalks 117,645 117,645 117,645 100% I Alexander Dr Emergency Repair 74,688 75,077 75,077 101% Powell Rd Culvert Replacement 364,836 234,464 234,464 64% Point West Drainage 607,751 152,756 35,042 187,798 31% Oates Creek Rehab Proj 843,266 213,266 213,266 25% ARC Drainage 1,494,422 1,185,200 1,185,200 79% I Resurfacing PH vm 1,331,683 1,088,852 1,088,852 82% Lake Aumond Dam Improvements 491,762 107,450 107,450 22% Belair Hills Estate 438,747 345,421 94,643 440,064 100% Walton Way ExtensionlDavis Rd 2,421,507 84,357 84,357 3% Windsor Spring Rd Section V(SR88 718,491 246,113 246,113 34% I Apple Valley Park 26,839 219 26,620 26,839 100% Pension Property Purchase 1,272,514 1,272,514 1,272,514 100% Replacement of Old Equipment 453,073 251,667 117,162 368,829 81% Remodel Stations 3,4,11,13,14 & 17 2,051,395 276,328 48,40 I 324,729 16% I Pineview Drive 136,416 136,416 136,416 100% ARC Drainage hop Phase I 0% Walton Way Extension 663,776 22,746 514,259 537,005 81% I 3 I AUGUSTA, GEORGIA SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - CONTINUED I YEAR ENDED DECEMBER 31,2006 Estimated Prior Current Percentage Original Cost Current Cost Years' Year Total of I Proiects Estimate Estimate Cost Cost Cost Completion State Rd 121/US25 Windsor 877,163 187,446 187,446 21% Wilkerson Garden 363,964 72,784 72,784 20% I Remodel Station #4 111,629 105,343 6,286 111,629 100% Remodel Station #6 87,384 42,876 29,070 71,946 82% Fire Training Center 737,607 737,607 737,607 100% Traffic Signs Upgrade 50,188 28,134 15,603 43,737 87% Flood Control Feasabiltiy Study 20,796 20,796 20,796 100% I Storm Pipe Replacement 56,872 0% Warren Lake - Rock Creek 13,248 13,243 13,243 100% Winchester Drainage hoprovement 407,024 5,524 5,524 1% Laney Stadium 3,521,074 3,521,074 3,521,074 100% Augusta Museum of History 47,409 11,887 11 ,887 25% I 13 th Street Streetscape 100,125 3,625 3,625 4% Barrett Plaza Lighting 103,283 95,470 95,470 92% Remodel Station #3 257,343 213,556 213,556 83% Willis Foreman Road Bridge Study 16,928 0% I Remodel Station #11 150,212 6,161 6,161 4% Albion Acres 142,534 142,534 142,534 142,534 100% 5th Street storm sewer improvements 154,250 70,584 70,584 70,584 100% 3rd Level Canal cleaning 700,000 703,169 428,286 43,103 471,389 67% Walton Way Reconstruction 600,000 600,000 600,000 600,000 100% I 15th St Utility Relocation 350,000 350,000 0% 9th Street Parking renovation 50,000 1,736 1,736 1,736 100% Laney -Walker reconstruction 96,600 180,600 146,923 146,923 81% Rae's Creek 440,000 1,160,467 981,378 981,378 85% Small Projects 181,230 181,230 181,230 181,230 100% I Adjusting roadway structure 100,289 82,700 82,700 82,700 100% Phinizy Swamp drainage 163,998 58,617 58,617 58,617 100% Stevens Creek IClausen Road 358,584 361,888 299,329 299,329 83% Jackson Road widening 108,776 108,776 108,776 108,776 100% I Berckmans Road 1,793,000 9,441 9,441 9,441 100% Belair Road Extension 666,005 741,074 741,074 741,074 100% Turpin Hill Rdwy. 1,102,076 1,020,879 1,020,879 1,020,879 100% Doug Bernard Parkway 2,170,763 1,874,524 1,874,524 1,874,524 100% Rocky Creek Tributary 130,832 132,038 63,706 63,706 48% I Hyde Park Drg 94,945 94,945 94,945 94,945 100% Belair Hills Estate 33,700 33,700 33,700 33,700 100% Windsor Spring Road, Section I 2,780,104 2,780,104 2,780,104 2,780,104 100% Windsor Spring Road, Section II 1,708,213 1,707,397 1,707,396 1,707,396 100% Windsor Spring Road Off-site 69,793 69,793 69,793 69,793 100% I Tobacco Raod - Phase II 1,591,127 1,511,764 1,511,764 1,511,764 100% Barton Chapel Road, Phase I 1,488,591 963,324 992,624 992,624 103% Peppreidge Drive 4,150 4,150 4,150 4,150 100% Boykin Rd Drainage 62,500 62,500 62,500 62,500 100% I Hephzibah-McBeanIBrothersville 329,440 364,875 364,874 364,874 100% Small projects 417,978 417,978 239,162 239,162 57% NPDES 504,705 515,992 515,378 515,378 100% JLEC 2,000,000 1,883,571 1,789,552 1,789,552 95% Bobby Jones Expressway 284,286 237,618 237,618 237,618 100% I Bobby Jones @SR 56 187,000 187,000 171,457 171,457 92% Fury's Ferry Rd 126,500 126,500 0% Jackson Road widening 2,537,671 2,318,812 2,318,812 2,318,812 100% Perimeter Parkway hoprovements 981,820 870,614 870,614 870,614 100% I W rightsboro Road Operational 251,000 210,210 210,210 210,210 100% Belair Road 555,851 88,600 88,600 88,600 100% Wheeler Road widening 1,576,000 1,015,885 974,456 974,456 96% Cane Creek Channel hop 1,421,720 1,105,881 1,105,881 1,105,881 100% Rae's Creek Channel hoprovement 1,758,382 1,756,878 1,756,878 1,756,878 100% I Olive Road realignment 134,796 134,796 7,996 7,996 6% North Leg Bridge Widening 22,000 0% Wheeless Road 819,500 819,500 566,348 566,348 69% Lakeside Drainage 323,447 265,389 265,389 265,389 100% Hyde Park 1,716,000 1,048,444 1,048,444 1,048,444 100% I Apple Valley drainage improvements 769,061 769,061 755,779 755,779 98% SR4/USI 16,500 12,413 12,413 12,413 100% Windsor Spring Road 1,055,386 919,146 919,146 919,146 100% Tobacco Road 3,046,858 2,736,545 2,736,545 2,736,545 100% I Lock & Dam Road 404,522 364,826 364,826 364,826 100% Barton Chapel Rd, Phase I 29,300 29,300 29,300 29,300 100% Barton Chapel Road, Phase II 2,036,000 3,142,312 2,496,262 256,821 2,753,083 88% I 4 I AUGUSTA, GEORGIA SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - CONTINUED I YEAR ENDED DECEMBER 31,2006 Estimated Prior Current Percentage Original Cost Current Cost Years' Year Total of I Proiects Estimate Estimate Cost Cost Cost Completion SR IOIUS 223 Gordon Highway 84,500 74,893 74,893 74,893 100% Pepperidege Drive Intersection 172,177 156,358 156,358 156,358 100% SR 56 at Phinizy 399,425 342,695 342,695 342,695 100% I Fall Line Freeway 77,000 0% Paving Various Rd., Phase V 1,200,000 725,423 725,423 725,423 100% Boykin Road Drg. 1,466,809 1,367,118 1,367,118 1,367,118 100% SR 56 @Old Waynesboro Rd 416,000 461,687 461,686 461,686 100% I Willis Foreman Road Dr. 350,100 440,304 440,302 440,302 100% Sand Ridge Storm 341,800 218,682 218,682 218,682 100% SR 56 Old Savannah Road 552,500 375,003 375,004 375,004 100% Kimberly Clark Industrial Park 2,215,000 2,215,633 350,210 350,210 16% Municipal Building 8,721,250 8,563,440 2,976,807 123,019 3,099,826 36% I Library (South Richmond) 700,000 709,881 641,801 \3,184 654,985 92% Board of Health 7,000,000 7,000,000 7,000,000 7,000,000 100% Augusta Mini Theater 850,000 850,991 333,511 30,927 364,438 43% Lucy Craft Laney Museum 800,000 762,236 741,432 8,532 749,964 98% I Georgia Golf Hall of Fame 4,000,000 4,000,000 4,000,000 4,000,000 100% Bethlehem Community Ctr 27,194 61,320 61,320 61,320 100% Administration 182,795 181,816 181,816 181,816 100% Warren Rd Renovation 373,249 373,249 373,249 373,249 100% Bennie Ward 110,000 109,508 109,508 109,508 100% I Riverfront Pavilion 655,648 655,561 655,561 655,561 100% May Park 525,000 522,779 522,779 522,779 100% West Augusta Soccer Field 1,000,000 999,739 999,739 999,739 100% WT Johnson renovation 306,500 305,831 305,831 305,831 100% BelairlFlager Road renovations 112,650 112,602 112,602 112,602 100% I Dyess Park renovation 192,993 192,993 192,773 192,773 100% South Augusta Recreation Administrative 7,550,000 7,552,419 7,552,419 7,552,419 100% Aquatic Natatorium 5,143,000 5,140,093 5,140,093 5,140,093 100% Golden CamplBelle TERR 929,119 927,295 927,925 927,925 100% I Belle Terrace Renovation 232, III 233,169 233,169 233,169 100% Elliott Park 100,000 100,089 98,281 1,630 99,911 100% Heath Pool 5,000 0% Jones Pool 35,000 35,017 35,017 35,017 100% Doughty Park 50,000 50,479 50,479 50,479 100% I Eastview Park 227,500 169,161 169,161 169,161 100% Hephizah/Carroll Park 175,358 175,185 175,185 175,185 100% Jamestown Park 112,566 112,566 112,566 112,566 100% McBean Park 140,000 140,949 \39,735 139,735 99% Minnick Park 55,000 53,849 53,849 53,849 100% I Savannah Place 245,000 248,769 244,942 244,942 98% Blythe Community Center 708,000 703,302 703,302 703,302 100% Chafee Park Gym renovation 124,889 14,374 14,374 14,374 100% Hillside Park renovation 50,000 47,400 45,894 45,894 97% I Lock & Dam renovation 75,000 34,992 34,993 34,993 100% Julian Smith renovation 742,207 742,182 742,182 742,182 100% Fleming Building renovation 100,000 90,884 89,475 1,408 90,883 100% Gracewood Park renovation 152,076 152,172 141,694 977 142,671 94% Lake Olmstead Park 43,793 43,793 43,793 43,793 100% I Fleming Athletic Complex 133,850 133,170 \33,170 133,170 100% Chester A venue renovation 151,500 151,500 147,926 147,926 98% Boykin Road Park 40,000 39,811 39,811 39,811 100% Eisenhower Park Gym 1,477,000 1,476,000 1,4 76,000 1,476,000 100% I Discovery Center En! 353,137 352,954 352,954 352,954 100% St. Sebastian Extension 1,368,969 1,631,034 1,482,598 127,980 1,610,578 99% 2nd Street Outfall 762,760 1,810,621 1,546,089 1,546,089 85% 6th Street handicap ramp 517,347 625,358 611,966 611,966 98% Turknett Springs Detention 228,161 337,300 306,132 306,132 91% I Augusta Commons 1,825,291 3,609,599 3,652,638 3,652,638 101% Martin Luther King drainage 273,794 274,288 727 727 0% Inter City Arts - hoperial 300,000 300,000 225,000 225,000 75% CSO 10,500,000 10,546,852 9,629,637 9,629,637 91% WetJands 10,500,000 10,508,941 9,591,726 9,591,726 91% I Third Level Canal Cleaning 491,506 492,393 887 887 0% Walton Way reconstruction 1,273,638 1,275,936 1,277,021 1,277,021 100% Augusta Canal 950,000 1,955,937 1,901,676 (16,632) 1,885,044 96% Goodale Landing 124,030 101,706 101,706 101,706 100% I Resurfacing various streets 3,406,729 1,206,947 158,648 158,648 13% Resurfacing various streets 1996 127,935 128,275 128,275 128,275 100% Resurfacing Various Roads 756,500 519,928 519,928 519,928 100% I 5 I AUGUST A, GEORGIA SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - CONTINUED I YEAR ENDED DECEMBER 31, 2006 Estimated Prior Current Percentage Original Cost Current Cost Years' Year Total of I Proiects Estimate Estimate Cost Cost Cost Completion Street & drainage improvement 694,599 194,950 145,550 145,550 75% Administration 2,774,251 2,779,256 2,376,389 2,376,389 86% East Augusta drainage 35,450 0% .1 Jackson Road widening 200,000 200,000 200,000 200,000 100% Perimeter Parkway 25,000 9,458 9,458 9,458 100% Crane Creek 150,000 150,271 399 399 0% Belair Rd Ex! 75,000 75,005 75,005 75,005 100% I Rae's Creek Channel Phase II 257,000 257,464 683 683 0% Centennial Park Fountain 85,000 85,153 47,377 47,377 56% Paving various roads 50,000 50,090 133 133 0% Surhurhan Forces Widening 150,000 150,570 1,580 1,580 1% Suburhan forces 4,143,317 1,899,689 1,843,667 17,323 1,860,990 98% I Suburhan Forces 5,000,000 928,533 152,882 7,516 160,398 17% Resurfacing various roads Phase V 633,250 602,707 603,587 603,587 100% General Easement 50,000 50,190 13,341 13,341 27% Administration 5,720,000 5,902,501 5,942,799 (11,861) 5,930,938 100% Administration 1,780,000 1,785,147 1,680,227 1,680,227 94% I New Savannah Road 1,431,000 1,436,437 7,535 7,535 1% Sidewalk Contract Phase II 296,000 354,116 354,116 354,116 100% Fury's Ferry Road 22,000 22,084 116 116 1% Alexander Drive 2,022,795 2,539,184 233,283 141,308 374,591 15% I Washington Road Sidewalk ill 200,000 348 348 348 100% Old Savannah Road! Twigg Street 2,060,000 2,065,628 114,981 11,202 126,183 6% Stevens Creek/Claussen Road 1,421,250 1,451,964 1,127,009 1,127,009 78% Forest Park Subdivision drainage 815,348 698,269 698,269 698,269 100% Bobby Jones Expressway 165,000 440,983 27,146 27,146 6% I W rightsboro Road 1,984,000 2,027,581 667,285 50,453 717,738 35% Warren Road 1,211,000 3,211,194 1,509,829 1,025,931 2,535,760 79% Miscellaneous 155,425 715,192 157,013 157,013 22% Tanglewood & Kingston sid drianage 797,500 695,996 695,996 695,996 100% I Hillwood CrestlWhitehead Drive 358,856 247,177 247,177 247,177 100% Skinner Mill Road Extension 1,517,311 1,519,459 1,519,459 1,519,459 100% Cook Road & Glendale 2,811,281 1,713,330 1,713,330 1,713,330 100% Sibley Road Railroad Crossing 129,950 130,444 685 685 1% W ylds Road Railroad Crossing 129,950 130,444 685 685 1% I Windsor Spring Road 2,133,000 2,171,626 512,657 512,657 24% Old Savannah Road 961,000 1,171,425 100,275 100,275 9% Richmond Hill Road 1,028,500 784,660 784,660 784,660 100% Bobby Jones Expressway 110,000 36,618 36,618 36,618 100% Dunham Court 127,000 97,178 97,178 97,178 100% I Wheeles Road Bridge 13,200 13,250 13,231 13,231 100% Traffic engineering improvements 111,000 91,657 91,657 91,657 100% SR 4/US I 55,000 55,209 290 290 1% Marvin Griffm Road 1,375,600 3,479,344 126,897 55,699 182,596 5% I Antler Drive West drainage improvements 377,000 244,932 245,290 245,290 100"10 Morgan Road 1,571,000 3,911,226 334,481 966 335,447 9% Woodcrest/CSX Drainage 175,400 176,066 923 923 1% Deans Bridge @Tobacco 165,000 78,613 78,613 78,613 100% Fall Line Freeway Section II 55,000 55,209 290 290 1% I Paving various roads Phase IV & V 269,209 270,627 270,627 270,627 100% Paving various roads Phase VI 950,000 176,130 176,130 176,130 100% Willis Foreman Road 147,751 138,533 138,533 138,533 100% Birdwell Road Wetlands Bank 11 ,000 58 58 58 100% McCombs Road Section I 790,884 712,838 712,838 712,838 100% I McCombs Road Section II 961,665 722,511 722,511 722,511 100% Library 1,700,000 1,701,742 1,701,649 1,701,649 100% Animal Control renovation 1,220,946 979,527 979,528 979,528 100% New administrative offices 2,350,000 2,374,686 537,396 18,895 556,291 23% I Shiloh Community Center 575,000 575,000 560,948 560,948 98% Springfield Baptist Church 1,300,000 1,300,000 1,275,732 1,275,732 98% New Hope Community Ctr 250,000 250,000 250,000 250,000 100% Beulah Grove 200,000 200,000 200,000 200,000 100% Hyde Park renovation 122,350 97,402 90,325 1,630 91,955 94% I Central Park renovation 70,000 65,375 65,375 65,375 100% Bayvale Park renvoation 26,000 9,016 6,145 6,145 68% Heard A venue Park renovation 6,000 3,883 3,883 3,883 100% Troup St Pk Renovation 10,000 0% I Hickman Park renovation 100,000 90,994 46,390 27,005 73,395 81% McDuffie Woods Park renovation 150,000 148,330 148,330 148,330 100% Meadowbrook Park renovation 45,000 47,554 43,513 3,703 47,216 99% I 6 I AUGUST A, GEORGIA SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - CONTINUED I YEAR ENDED DECEMBER 31, 2006 Estimated Prior Current Percentage Original Cost Current Cost Years' Year Total of I Proiects Estimate Estimate Cost Cost Cost Completion Julian Smith BBQ renovation 187,000 186,558 186,558 186,558 100% Blount Park renovation 19,000 2,600 2,600 2,600 100% Augusta Canal Master 100,000 103,312 103,312 103,312 100% I Big Oak Park renovation 65,000 65,230 47,118 47,118 72% Wood Street South Ball Field 47,000 47,191 41,000 41,000 87% Wood Lake Park renovation 100,000 100,696 79,663 79,663 79% Royal (Barrett) Park renovation 12,000 5,086 5,086 5,086 100% I Garrett 500,000 500,000 500,000 500,000 100% West Vineland Park renovation 20,000 20,127 16,142 3,977 20,119 100% Bedford Heights 35,000 35,192 26,941 26,941 77% 4 - H Camp Park renovation 20,000 18,830 8,142 9,336 17,478 93% Adjusting RdlWay Structure 200,000 62,498 62,498 62,498 100% I International Boulevard Extension 340,000 289,800 289,800 289,800 100% Walton Way Extension 1,385,000 1,385,000 0% Skinner Mill Road Culvert Extension 153,100 11,876 11,876 11,876 100% Rocky Creek Hazard Mitigatio 717,860 717,860 62,064 62,064 9% I Resurfacing various roads Phase VI 1,350,000 1,123,739 1,123,739 1,123,739 100% Suburhan Forces Capital Equipment 1,664,000 1,674,064 1,676,971 40,71 7 1,717,688 103% Railroad Street slope repair 289,500 290,600 33,459 33,459 12% Wheeler Road Signal Plan Analysis 10,000 7,799 7,799 7,799 100% Gordon Highway median barrier 185,000 185,702 1,256 1,256 1% I Mason Road Bridge @ Claudia 275,000 197,328 197,329 197,329 100% Bungalow Road 776,000 2,136,287 273,355 16,661 290,016 14% Wood lake Subdivision 939,000 942,567 43,817 43,817 5% Pepperidge Point Retention Pond 50,000 32,667 32,677 32,677 100% Windsor Spring Rd See IV 1,560,500 0% I Windsor Spring Rd Sec V 1,560,500 0% Flood control feasibility 1,637,649 1,920,872 1,712,110 208,762 1,920,872 100% Immaculate Conception 250,000 253,281 253,281 253,281 100% Delta Cost Sharing 144,267 144,267 144,267 144,267 100% I NSC Discovery Center 1,500,000 1,500,000 1,500,000 1,500,000 100% P and Z Handicap Access 26,250 26,250 26,250 26,250 100% East Augusta drainage 1,147,379 1,147,379 1,147,379 100% Willow Creek 40,000 40,072 70 70 0% Council Drive 102,459 102,459 102,459 102,459 100% I General Roadway 361,393 361,393 361,393 361,393 100% Trees and landscaping 96,000 55,477 55,476 55,476 100% Georgia Golf Hall of Fame 2,000,000 2,000,000 2,000,000 2,000,000 100% Laney Walker@ East B 15,000 15,027 34 34 0% Judicial Center - County Court House 40,016,200 40,016,200 0% I Webster Detention Center 36,000,000 36,000,000 160,271 160,271 0% Exhibit Hall 20,000,000 20,000,000 161,225 161,225 1% Sheriff Administation Relocation 3,000,000 3,000,000 0% RCCI Renovations 750,000 750,000 0% I Main Library 14,700,000 14,700,000 0% Augusta Canal hnprovements 2,500,000 2,500,000 0% Augusta Canal Bond Repayment 8,200,555 8,200,555 8,200,555 8,200,555 100% Bond Debt Service 5,417,800 5,417,800 0% Information Technology 2,000,000 2,000,000 0% I Flood Land Acquisition 500,000 500,000 0% Wrightsboro Road Project 4,000,000 4,000,000 0% D'Antignac Street Flood Avoidance 1,000,000 1,000,000 0% Administration - Engineering 2,500,000 2,500,000 0% I Marks Church Road hnprovement 2,500,000 2,500,000 0% Fire Stations & Training Center 6,000,000 6,000,000 0% Dyess Park 63,000 63,000 0% Lake Olmstead Park 207,000 207,000 0% Lake Ohnstead Stadium 360,000 360,000 100,000 100,000 28% I Lock and Dam Park 49,500 49,500 0% Augusta Marina 67,500 67,500 0% May Park 67,500 67,500 0% Old Government House 45,000 45,000 0% The Boat House 90,000 90,000 0% I Apple Valley Park 315,000 315,000 876 876 0% Doughty Park 27,000 27,000 0% Fleming Park 67,500 67,500 0% Fleming Tennis Center 112,500 112,500 0% I WT Johnson Park 67,500 67,500 2,100 2,100 3% Hickman Park 27,000 27,000 0% MM Scott Park 270,000 270,000 6,500 6,500 2% I 7 I I AUGUSTA, GEORGIA SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - CONTINUED YEAR ENDED DECEMBER 31,2006 Estimated Prior Current Percentage Original Cost Current Cost Yearst Year Total of Proiects Estimate Estimate Cost Cost Cost Completion Augusta Soccer Park 180,000 180,000 0% Diamond Lakes Park 720,000 720,000 0% Jamestown Park 135,000 135,000 500 500 0% McDuffie Woods Park 90,000 90,000 2,700 2,700 3% Aquatics Center 90,000 90,000 0% HH Brigham Park 117,000 117,000 0% Meadowbrook Park 108,000 108,000 0% Newman Tennis Center 108,000 108,000 0% Wood Park 270,000 270,000 0% Valley Park 22,500 22,500 0% Boykin Road Park 27,000 27,000 0% Brookfield Park 45,000 45,000 0% Eisenhower Park 45,000 45,000 0% Warren Road Park 31,500 31,500 0% Blythe Park 180,000 180,000 0% GoshenIBrown Road Park 135,000 135,000 0% McBean Park 180,000 180,000 0% Land Acquisition 180,000 180,000 0% Administration - Recreation 500,000 500,000 0% Imperial Theater 500,000 500,000 0% Augusta Mini Theater 500,000 500,000 0% Lucy Craft Laney Museum 200,000 200,000 0% The MACH Academy 100,000 100,000 13,001 13,001 13% Recreation, Historic, Cultural and Other 400,000 400,000 0% Augusta Museum 400,000 400,000 0%. City of Hephzibah 3, I 04,000 3,104,000 1,034,666 1,034,666 33% City of Blythe 912,000 912,000 304,000 304,000 33% TOTAL S 497,393,629 $ 520,021,215 S 222,095,848 S 25,415,471 $ 247,511,318 I I I I I I I I I I I I I I I I I 8 I I AUGUST A, GEORGIA SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX I I Notes to Schedule of Special One Percent Sales and Use Tax Year Ended December 31, 2006 Note 1 - Summary of significant accounting policies I The accounting policies of Augusta's Special One Percent Sales and Use Tax conform to accounting principles generally accepted in the United States of America as applicable to governments. These financial statements present only the activity of the Special One Percent Sales and Use Tax projects and are not intended to be a complete presentation of Augusta's assets, liabilities, revenues, and expenses. I I Basis of accounting The Special One Percent Sales and Use Tax projects are accounted for using the modified accrual basis of accounting. Under the modified accrual basis of accounting, revenues are recognized when susceptible to accrual (Le., when they are "measurable and available"). "Measurable" means the amount of the transaction can be determined and "available" means collectible within the current period or soon enough thereafter to pay liabilities of the current period. Expenditures are recorded when the related fund liability is incurred. I I Estimates The preparation of this Schedule requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Actual results may differ from these estimates. I I I I I I I I I I 9