HomeMy WebLinkAboutAUGUSTA GEORGIA ANNUAL FINANCIAL STATEMENTS FOR YR ENDED DEC 31, 2010 �� ����L
AUGUSTA, GEORGIA
Annual Financial Statements
For the Year Ended December 31, 2010
AUGUSTA, GEORGIA
Annual Financial Report
Year Ended December 31, 2010
Table of Contents
FINANCIAL SECTION
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS 1- 2
MANAGEMENT'S DISCUSSION AND ANALYSIS 4- 14
BASIC FINANCIAL STATEMENTS
Government-wide Financial Statements:
Statement of Net Assets 19
Statement of Activities 20-21
Fund Financial Statements:
Balance Sheet — Governmental Funds 24-25
Reconciliation of the Balance Sheet of the Governmental Funds to the Statement of Net Assets 27
Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds 28-29
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of
� Governmental Funds to the Statement of Activities 31
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual -
General Fund 32
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual -
Fire Protection Fund 33
Statement of Net Assets - Proprietary Funds 34
Statement of Revenues, Expenses and Changes in Fund Net Assets - Proprietary Funds 35
Statement of Cash Flows - Proprietary Funds 36-37
Statement of Fiduciary Net Assets - Fiduciary Funds 38
Statement of Changes in Fiduciary Net Assets - Fiduciary Funds 39
Notes to Financial Statements 43-83
REQUIRED SUPPLEMENTARY INFORMATION
Pension Plans- Required Supplementary Information — Schedules of Funding Progress 85
AUGUSTA, GEORGIA
Annual Financial Report
Year Ended December 31, 2010
Table of Contents (continued)
Paee
COMBINING AND INDNIDUAL FUND STATEMENTS
NONMAJOR GOVERNMENTAL FUNDS
Combining Balance Sheet - Nonmajor Govemmental Funds 90 — 91
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances —
Nonmajor Governmental Funds 92 — 93
Combining Balance Sheet - Nonmajor Special Revenue Funds 94 — 97
Combining Statement of Revenues, Expenditures and Changes in Fund Balances —
Nonmajor Special Revenue Funds 98 — 101
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual —
Nonmajor Special Revenue Funds
Urban Services District Fund 102
Emergency Telephone System Fund 103
Capital Outlay Fund 104
Law Enforcement Fund 105
Occupation Tax Fund 106
Special Assessment Fund 107
Hotel/Motel and Promotion/Tourism Fund 108
Housing and Neighborhood Development Fund 109
Urban Development Action Grant Fund 110
Federal Drug Fund 111
State Drug Fund 112
5% Victim's Crime Assistance Fund 113
Supplemental Juvenile Service Fund 114
Building Inspection 115
Wireless Phase Fund 116
Perpetual Care - I Fund 117
Downtown Development 118
Canine Forfeitures Fund 119
NPDES Permit Fees Fund 120
Transportation and Tourism Fund 121
Drug Court 122
Urban Redevelopment Projects 123
Combining Balance Sheet - Nonmajar Debt Service Funds 124
Combining Statement of Revenues, Expenditures and Changes in Fund Balances —
Nonmajor Debt Service Funds 125
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual —
Nonmajor Debt Service Funds
2006 GO Sales Tax Bonds Debt Service Fund 126
2009 GO Sales Tax Bonds Debt Service Fund 127
2010 GO Sales Tax Bonds Debt Service Fund 128
Coliseum Authority Revenue Bonds Debt Service Fund 129
AUGUSTA, GEORGIA
Annual Financial Report
Year Ended December 31, 2010
Table of Contents (continued)
PaQe
Combining Balance Sheet - Nonmajar Capital Project Funds 130 - 131
Statement of Revenues, Expenditures and Changes in Fund Balances —
Nonmajor Capital Project Funds 132 - 133
NONMAJOR ENTERPRISE FUNDS
Combining Statement of Net Assets - Nonmajor Enterprise Funds 136 - 137
Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets —
Nonmajor Enterprise Funds 138 - 139
Combining Statement of Cash Flows - Nonmajor Enterprise Funds 140 — 143
INTERNAL SERVICE FUNDS
Combining Statement of Net Assets - Internal Service Funds 146 — 147
Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets —
Internal Service Funds 148 —149
Combining Statement of Cash Flows - Internal Service Funds 150 — 153
FIDUCIARY FUNDS
Combining Statement of Fiduciary Net Assets — Pension Trust Funds 158
Combining Statement of Changes in Fiduciary Net Assets — Pension Trust Funds 159
Combining Statement of Changes in Fiduciary Assets and Liabilities — Agency Funds 162 — 163
COMPLIANCE SECTION '
Report of Independent Certified Public Accountants 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 C-3 — C-4
Schedule of Expenditures of Federal Awards GS — C-9
Notes to Schedule of Expenditures of Federal Awards G10
Report of Independent Certified Public Accountants on Compliance with Requirements
that Could Have a Direct and Material Effect on Each Major Program and Internal Control
over Compliance in Accordance with OMB Circular A-133 C-11 — C-12
Schedule of Findings and Questioned Costs G 13 — G24
Summary Schedule of Prior Audit Findings C-25 — C-34
AUGUSTA, GEORGIA
Annual Financial Report
Year Ended December 31, 2010
Table of Contents (continued)
Paee
SPECIAL ONE PERCENT SALES AND USE TAX SECTION
Report of Independent Certified Public Accountants on the Schedule of Special One Percent
Sales and Use TaY Perfarmed in Accordance with Government Auditing Standards S-3
Notes to Schedule of Special One Percent Sales and Use Tax S-4
Schedule of Special One Percent Sales and Use Tatc S-5 - S-9
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REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
Augusta-Richmond County Commissioners
Augusta, Georgia
We have audited the accompanying financial statements of the governmental activities, the business-type activities, the
aggregate discretely presented component units, each major fund and the aggregate remaining fund information of Augusta,
Georgia as of December 31, 2010 and for the year then ended, which collectively comprise Augusta, Georgia's basic
financial statements, as listed in the table of contents. 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. We
did not audit the financial statements of the Augusta-Richmond County Department of Health, Augusta-Richmond County
Coliseum Authority or powntown Development Authority, which represent three of the discretely presented component
units. Those financial statements were audited by other auditors whose reports thereon has been furnished to us, and our
opinion, insofar as it relates to the amounts included for the Department of Health, Augusta-Richmond County Coliseum
Authority and Downtown Development Authority, is based solely on the reports of the other auditors.
We conducted our audit in accardance with auditing standards generally accepted in the United States of America and the
standards applicable to financial audits contained in Governrr�ent 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 financial 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.
In our opinion, based upon our audit and the report of other auditors, the basic financial statements referred to above
present fairly, in all material respects, the respective financial position of the governmental activities, the business-type
activities, the aggregate discretely presented component units, each major fund and the aggregate remaining fund
information of Augusta, Georgia, as of December 31, 2010, and the respective changes in financial position and cash flows,
where applicable, and the respective budgetary comparison for the General Fund and Fire Protection Fund for the year then
ended in conformity with accounting principles generally accepted in the United States of America.
In accordance with Government Auditing Standards, we have also issued our report dated September 6, 2011 on our
consideration of Augusta, Geargia's internal control over financial reporting and on our tests of its compliance with certain
provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is to describe the
scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to
provide an opinion on the internal control over financial reporting. That report is an integral part of an audit performed in
accordance with Government Auditing Standards and should be considered in assessing the results of our audit.
Accounting principles generally accepted in the United States of America require that the management's discussion and
analysis and the schedules of funding progress and employer contributions be presented to supplement the basic financial
statements. Such information, although not a part of the basic financial statements, is required by the Governmental
Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial
statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the
required supplementary information in accordance with auditing standards generally accepted in the United States of
America, which 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 do not express an opinion ar provide any
assurance on the information because the limited procedures do not provide us with sufficient evidence to express an
opinion or provide any assurance.
Our audit was conducted for the purpose of farming opinions on the financial statements that collectively comprise
Augusta, Georgia's basic financial statements as a whole. The combining and individual fund statements and the
accompanying schedule of expenditures of Federal awards as required by U.S. Office of Management and Budget Circular
A-133, Audits of States, Local Governments and Non-Profit Organizations for the year ended December 31, 2010, are
presented for purposes of additional analysis and are not a required part of the basic financial statements. The combining
and individual nonmajor fund financial statements and the accompanying schedule of expenditures of Federal Awards are
the responsibility of management and were derived from and relate directly to the underlying accounting and other records
used to prepare the financial statements. The information has been subjected to the auditing procedures applied by us in the
audit of the financial statements and certain additional procedures, including comparing and reconciling such information
directly to the underlying accounting and other records used to prepare the financial statements or to the financial
statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the
United States of America. In our opinion, based on our audit and the report of other auditors, the information is fairly
stated in all material respects in relation to the financial statements as a whole.
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Augusta, Georgia
September 6, 2011
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Management's Discussion & Analysis
(unaudited)
The Management's Discussion and Analysis of the Annual Financial Statements of Augusta, Georgia (the "Government")
provides an overall narrative and analysis of the Government's financial statements for the fiscal year ended
December 31, 2010. This discussion and analysis is designed to look at the Government's financial performance as a
whole. Readers should also review the additional information provided in the transmittal letter, which can be found
preceding this narrative, and the complete financial statements, with notes, which follow this narrative, to enhance their
understanding of the Government's financial performance.
Financial Highlights
Key financial highlights for the year ended December 31, 2010 are as follows:
• The Government's combined net assets totaled $871.9 million.
• The Government's total net assets increased by $21,7 million, primarily due to capital spending funded by the
Special Purpose Local Option Sales TaY revenues, federal aviation grants, and other tax revenues.
• As of the close of the current fiscal year, the Government's governmental funds reported combined ending fund
balances of $281.5 million, an increase of $1.3 million from the prior year. Approximately 49% of this total amount,
or $139.4 million, is available for spending at the government's discretion (unreserved fund balance).
• At the end of the current fiscal year, total fund balance for the General Fund was $32.8 million, or 27% of total
General Fund expenditures for the fiscal year. Of this amount, $4.4 million has been designated for other purposes,
leaving $28.4 million, or 87% of total General Fund balance, as undesignated.
• Combined Revenue totaled $352.4 million, of which governmental activities totaled $219.4 million and business-
type activities totaled $133 million. Current year revenues increased approximately 32.6% from those of the prior
year.
• Overall expenses totaled $319.7 million of which governmental activities totaled $192.7 million and business-type
activities totaled $127.0 million. Current year expenses decreased approximately 5.2% over those of the prior year.
• Expenses of governmental activities exceeded program revenue by $145.2 million, resulting in the use of general
revenues (mostly taxes).
• Total Outstanding Long-Term Debt, excluding compensated absences, increased approximately $37.9 million.
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Overview of the Financial Statements
This discussion and analysis is intended to serve as an introduction to the GovernmenYs basic financial statements. The
basic financial statements consist of three components: 1) government-wide financial statements, 2) fund financial
statements, and 3) notes to the financial statements. The basic financial statements present two different views of the
Government through the use of government-wide statements and fund financial statements. In addition to the basic
financial statements, this report contains other supplemental information that will enhance the reader's understanding of the
financial condition of the Government.
Required Components of Annual Financial Report
Figure 1
ManagemenY s Basic
Discussion and Financial
Analysis Statements
Government- Fund Notes to the
Wide Financial Financial Financial
Statements Statements Statements
Detail Summary
Basic Financial Statements
The first two statements in the basic financial statements are the Government-wide Financial Statements. They provide
both short and long-term information about the Government's financial status.
The next statements are Fund Financial Statements. These statements focus on the activities of the individual parts of
Augusta, Georgia's government. These statements provide more detail than the government-wide statements. There are four
parts to the Fund Financial Statements: 1) the governmental funds statements; 2) the budgetary comparison statements; 3)
the proprietary fund statements; and 4) the fiduciary fund statements.
The next section of the basic financial statements is the notes. The notes to the financial statements explain in detail some
of the data contained in those statements. After the notes, supplemental information is provided to show details about the
Government's non-major governmental funds and internal service funds, all of which are added together in one column on
the appropriate basic financial statements.
Government Financial Statements
The Government-wide financial statements provide a broad view of the Government's operations in a manner similar to a
private-sector business. The statements provide both short-term and long-term information about the Government's
financial position, which assists in assessing the economic condition at the end of the fiscal year. These statements are �
prepared using the flow of economic resources measurement focus and the accrual basis of accounting. This means the
statements take into account all revenues and expenses connected with the fiscal year even if cash involved has not been
received or paid. The government-wide financial statements include the following two statements:
The Statement of Net Assets presents information on all of the Government's assets and liabilities, with the difference
between the two reported as net assets. Over time, increases or decreases in net assets may serve as a useful indicator of
whether the financial position of the Government is improving or deteriorating.
The Statement of Activities presents information showing how the GovernmenYs net assets changed during the most
recent fiscal year. All changes in net assets are reported as soon as the underlying event giving rise to the change occurs,
regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items
that will not result in cash flows until future fiscal periods (e.g. uncollected taxes and earned but unused vacation leave).
This statement also presents a comparison between direct expense and program revenues for each function of the
Government.
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The government-wide statements are divided into three categaries: 1) governmental activities, 2) business-type activities
and 3) component units. The governmental activities include most of the Government's basic services such as general
administration, judicial services, public safety, public works, health and welfare, culture and recreation, and housing and
development. Property taxes and state and federal grant funds finance most of these activities. The business-type activities
are those services that the Government charges a fee to customers in order to provide. These include Water and Sewer,
Augusta Regional Airport, Waste Management, Municipal Golf Course, Transit, Daniel Field Airport, and Garbage
Collection. The final category is component units. The Augusta-Richmond County Board of Health is a public health
department. Although legally separate from the Government, the Government appoints a voting majority of the board.
Augusta Canal Authority and Downtown Development Authority are also component units for which the Government is
fiscally responsible.
Fund Financial Statements
A Fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for
specific activities or objectives. The Government, like other state and local governments, uses fund accounting to ensure
and demonstrate compliance with finance-related legal requirements.
The fund financial statements focus on individual parts of the Government, reporting the GovernmenYs operations in more
detail than the government-wide statements. All of the funds of the Government can be divided into three categories:
governmental funds, proprietary funds and fiduciary funds. These fund categories use different accounting approaches and
should be interpreted differently.
Governmental Funds
Most of the basic services provided by the Government are financed through governmental funds. Governmental funds are
used to account for essentially the same functions reported as government activities in the government-wide financial
statements. However, unlike the government-wide statements, these funds focus on how assets can readily be converted
into cash and the amount of funds left at year-end that will be available for spending in the next year. Governmental funds
are reported using an accounting method called modified accrual accounting, which focuses on current financial resources.
Such information may be useful in evaluating the government's short-term financing requirements. These statements
provide a detailed short-term view of the GovernmenYs finances that assists in determining whether there will be adequate
financial resources available to meet the Government's current needs. The relationship between government activities in
the government-wide financial statements and the governmental funds financial statements is described in a reconciliation
that is a part of the fund financial statements.
The Government has five governmental fund types: the General Fund, Special Revenue Funds, Debt Service Funds, the
Capital Projects Funds, and the Permanent Fund. Only five individual funds are being considered major funds — the
General Fund, Fire Protection, Special Purposes Local Option Sales Tax Fund (SPLOST) Phase III, Special Purposes Local
Option Sales Tax Fund (SPLOST) Phase IV and Special Purposes Local Option Sales Tax Fund (SPLOST) Phase V.
Proprietary Funds
The Govemment has two types of proprietary funds used to account for activities that operate similar to commercial
enterprises found in the private sector. Funds that charge fees for services provided to outside customers including other
local governments are known as Enterprise Funds. These funds are used to report the same functions presented as business-
type activities in the government-wide financial statements. Funds that charge fees for services provided to departments
within the reporting government are known as Internal Service Funds. Proprietary funds use the accrual basis of
accounting, thus there is no reconciliation needed between the government-wide financial statements for business-type
activities and the proprietary fund financial statements, except for the allocation of intemal service fund activity.
The Government has seven enterprise funds: Water and Sewer, Augusta Regional Airport, Waste Management, Municipal
Golf Course, Transit, Daniel Field Airport, and Garbage Collection. The Government has seven internal service funds: Risk
Management, Fleet Operations, Workers Compensation, Employee Health Benefits, Unemployment, Long-Term Disability
Insurance and GMA Leases. The Water and Sewerage Fund and Augusta Regional Airport are the only funds being
considered major funds for presentation purposes.
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Fiduciary Funds
The Fiduciary Funds are used to account for assets held by the Government as an agent for individuals, private
organizations, other governments and other departments. The Government is responsible for ensuring that the assets
reported in these funds are used only for their intended purposes and only by those to whom the assets belong. These funds
are not reflected in the government-wide financial statements because the resources are not available to support the
Government's operations or programs.
Government Financial Analysis
Comparative data for the entity governmental activities and the business activities is provided below.
Figure 2
Governmental Busmess-type Govenvnental Business-type
Act i vi ties Activities Total Acti vities Activ ities To t a l
20 10 2010 20 10 2 2 009 20 09
Current and other asseu $ 324,825,577 145,276,235 $ 470,101,812 $ 319,816,593 $ 148,997,935 $ 468,814,528
Caprtalassets 404,851,431 699,750,171 1,104,601,602 335,639,193 676,273,663 1,011,912,856
Total assets 729,677,008 845,026,406 1,574,703,414 655,455,786 825,271,598 1,480,72'7,384
Long-termliab�lities 85,215,880 517,890,205 603,106,085 60,815,329 510,855,784 571,671,113
Otherliabilities 71,178,282 28,563,481 99,741,763 43,101,202 26,821,059 69,922,261
Totalliabilites 156,394,162 546,453,686 702,847,848 103,916,531 537,676,843 641,593,374
Net assets:
Invested 'm
capital assets, net
ofrelated debt 392,520,278 194,948,749 587,469,027 316,625,846 208,865,726 525,491,572
Restricted 12'7,645,294 27,648,425 155,293,719 169,810,821 17,717,103 187,527,924
Unrestricted 53,117,274 75,975,546 129,092,820 65,102,588 61,011,926 126,114,514
Total net assets $ 573,282,846 $ 298,572,720 $ 871,855,566 $ 551,539,255 $ 287,594,755 $ 839,134,010
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Net Assets
Net assets may serve over time as one useful indicator of a government's financial condition. The assets of the Government
exceeded liabilities by $871.9 million as ofDecember 31, 2010.
The largest portion of the Government's net assets, $587.5 million or 67.4%, reflects its investment in capital assets such as
land, buildings, eyuipment and infrastructure (road, bridges, sidewalks, water lines and sewer lines) less any related debt
used to acquire those assets that is still outstanding. The Government uses these capital assets to provide services to its
citizens; therefore, these assets are not available for future spending. Although the Government's investment in its capital
assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from
other sources, since the capital assets themselves cannot be used to liquidate these liabilities.
An additional portion of the Government's net assets, $1553 million or 17.9%, represents resources that are subject to
external restrictions on how they may be used. The remaining balance of unrestricted net assets, $1291 million or 14.7%,
may be used to meet the Government's ongoing obligations to citizens and creditors.
Several particular aspects of the Government's financial operations positively influenced the total unrestricted
governmental net assets:
• Continued diligence in the maintenance of 75 -90 days unreserved fund balance in the General Fund.
• Continued diligence in the collection of property taxes by maintaining a collection percentage of 99% for real
and personal property.
• Continued low cost of debt due to the County's high bond rating.
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The Government's Changes in Net Assets
For the Years Ended December 31, 2010 and 2009
Figure 3
Governmental Business-type Govemmental Busmess-type
Activities Activities Total Activities ActiviGes Total
2010 2010 2010 2009 2009 2009
Revenues:
Prog am revenues:
Charges for services $ 35,960,014 127,336,857 $ 163,296,871 $ 35,528,497 $ 114,444,934 $ 149,973,431
Operating granu and conmbutions 11,541,378 181,717 11,723,095 9,489,973 563,865 1Q053,838
Capital grants and confibutions - 4,084,129 4,084,129 - 1,615,277 1,615,277
Generalrevenues:
PropeRyta�ces 53,931,423 - 53,931,423 53,131,398 - 53,131,398
Othertaaces 112,576,281 - 112,576,281 113,766,336 - 113,766,336
Unrestrictedgovemmentalrevenues 1,117,472 - 1,117,472 952,413 - 952,413
Rev�nues from use of money and
property 3,419,228 395,40'7 3,814,635 6,757,096 926,056 7,683,152
Miscellaneous 855,819 1,023,328 1,879,147 3,302,450 834,159 4,136,609
Totalrevenues 219,401,615 133,021,438 352,423,053 222,928,163 ll8,384,291 341,312,454
Expenses:
Generalgovemment 41,420,563 - 41,42Q563 32,303,249 - 32,303,249
Judicial 17,197,271 - 17,197,271 17,133,889 - 17,133,889
PubGcsafety 82,198,232 - 82,198,232 84,927,821 - 84,927,821
PubGc works 16,010,143 - 16,010,143 14,844,645 - 14,844,645
Health and welfare 1,934,339 - 1,934,339 2,218,245 - 2,218,245
Cuhure and recreation 20,351,136 - 20,351,136 19,876,636 - 19,876,636
Housrtig and developmem 12,054,659 - 12,054,659 11,418,135 - ll,418,135
IMerest on long-Ceim debt 1,539,180 - 1,539,180 885,661 - 885,661
Waste management - 6,192,260 6,192,260 - 10,992,158 10,992,158
Water and sewer - 81,438,293 81,438,293 - 73,677,334 73,677,334
Artports - 18,281,091 18,281,091 - 14,928,202 14,928,202
Mimic�algoffcowse - 629,179 629,179 - 579,601 579,601
Transit - 4,935,179 4,935,179 - 4,847,776 4,847,776
Crubage Colleclion - 15,519,972 15,519,972 - 15,202,611 ]5,202,611
Totalexpenses 192,705,523 126,995,974 3]9,701,497 183,608,281 120,227,682 303,835,963
Increase rc� net assets before rransfers 26,696,092 6,025,464 32,721,556 39,319,882 (1,843,39]) 37,476,491
Transfers (4,952,501) 4,952,501 - (6,305,390) 6,305,390 -
Increase in ne[ assets 21,743,591 1Q977,965 32,721,556 33,014,492 4,461,999 37,476,491
Net assets, January 1 551,539,255 287,594,755 839,134,010 518,524,763 283,132,756 801,657,519
Net assets, December 31 $ 573,282,846 $ 298,572,720 $ 871,855,566 $ 551,539,255 $ 287,594,755 $ 839,134,010
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Changes in Net Assets
Governmental activities. Governmental activities increased the Government's net assets by $21.7 million, and thereby
accounting for 66.5% of the total growth in the net assets of the Government. Key elements of this increase are as follows:
Governmental Revenues. Property tax (40%) and other taxes (60%) continue as the main source of revenue
of the Government amounting to 75.9% in 2010, compared to 75% in 2009. Sales tax revenues contributed
approximately $72.6 million to the increase in net assets.
Governmental Functional Expenses: As reflected in the summary of changes in Net Assets, the
Government expended 51.6°/a of the appropriations for judicial and public safety expenditures. The Government
continues to commit substantial financial resources for the safety of its citizens. Other expenditures accounted for
the remaining 48.4%.
Business-type activitles: Business-type activities increased the Government's net assets by approximately $10.9
million accounting for 33.5% of the total growth in the governmenYs net assets. Key elements of this increase are as
follows:
• The Waste Management Fund reported an increase in net assets of $3.2 million. This increase was due to
maintaining volumes similar to 2009 volumes. The increase in volumes was stemmed from a volume based
discount issued in 2004. The increase was also due to an increased investment in capital assets specifically an
upgrade to the Compressed Natural Gas collection system.
• The Water and Sewer Fund reported an increase in net assets of $33 million. This increase was largely due to an
increase in user charges due to rate increases approved upon issuance of the most recent Water & Sewer Revenue
Bonds in 2004.
• The Augusta Regional Airport Fund reported a decrease in net assets of $70 thousand. This decrease was due to
operating expenses slightly exceeding operating and non-operating revenues.
• Garbage Collection net assets increase of $423 thousand.
Financial Analysis of the Government's Individual Funds
Augusta, Georgia uses fund accounting to demonstrate compliance with finance-related legal requirements.
Governmental Funds
The focus of the Government's governmental funds is to provide information on near-term inflows, outflows and balances
of usable resources. Such information is useful in assessing the Government's financial requirements. In particular, the
unreserved fund balance may serve as a useful measure of a government's net resources available for spending at the end of
the fiscal year. The combined fund balance of all the governmental funds is $281.6 million, of which $124 million, or 44%,
is unreserved and undesignated.
General Fund
The General Fund is the primary operating fund of the Government. At the end of the current fiscal year, total fund balance
of the General Fund was $32.8 million, of which $28.4 million, or 87%%, was unreserved. A portion of the unreserved
fund balance in the General Fund is designated for risk benefit, in the amount of $4.7 million. As a measure of the General
Fund's liquidity, it may be useful to compare both undesignated and designated fund balance to total fund expenditures. As
of December 31, 2010, total unreserved fund balance, both undesignated and designated, represents 24% of total general
fund expenditures.
The fund balance of the General Fund increased $1.6 million (5.1%). Key factors to this result include cost reduction
measures that were implemented and observed throughout the year. This increase in fund balance represents 1.29% of the
2010 budget. Also a reduced transfer of funds to the transit department due to the receipt and recognition as revenue of
grant reimbursements was a contributing factor.
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General Fund Budgetary Highlights
During the year, the Government revised the budget on several occasions. Generally, budget amendments fall into one of
five categories: 1) amendments to appropriate fund balance for encumbrances from the prior year; 2) amendments made to
adjust the estimates that are used to prepare the original budget resolution once exact information is available; 3)
amendments made to recognize new funding amounts from external sources, such as Federal and State grants; 4) increases
in appropriations that become necessaty to maintain services; and 5) amendments to transfer appropriations between
departments. The fifth category has no effect on the final budget and, therefore, is not addressed in this narrative.
The actual operating revenues for the General Fund were less than the budgeted amount by $3.3 million, or 2.7%. The
individual sources within the revenues fluctuated both positively and negatively. No individual source materially varied
from the final budget.
The 2010 adopted budget (November 17, 2009) projected Ad Valorem tax revenues remain at 20091evels with no projected
growth in the tax digest and a decrease of 1% in sales tax revenues. As the economy continued to struggle, the Augusta
Commission was unwilling to compound the effects on its citizens by considering a tax increase and approved significant
expenditure reduction and use of $1.8 million in fund balance to fund a budgeted deficit. In July 2010 the Augusta
Commission voted to reduce the 2010 mill rate by .093 mills to the roll back rate levels.
Capital Projects Funds
The Government uses Capital Projects Funds to account for the acquisition and construction of major capital facilities that
are not financed by Proprietary Funds. Major funds included in the fund financial statements are the SPLOST Fund Phase
III, SPLOST Fund Phase IV and SPLOST Fund Phase V. The proceeds of the special purpose 1% sales tax are accounted
for in Capital Projects Funds until improvement projects are completed. The SPLOST Fund Phase IV's fund balance is
$53.2 million and the SPLOST Fund Phase V's fund balance is $65.3 million, all of which is held for specific construction
and improvement projects and capital acGuisitions.
Proprietary Funds
The activities of the Government that render services to the general public on a user charge basis, or that require periodic
determination of revenues for public policy are accounted for as Enterprise Funds. The Government's proprietary funds
provide the same type of information found in the government-wide statements but in more detail. Unrestricted net assets at
the end of the year were as follows: Water and Sewer System Fund, $61.2 million; Augusta Regional Airport, $8.2 million;
Nonmajor Enterprise funds, $6.9 million. The total growth (reduction) in net assets for previously mentioned funds were
$3.2 million, ($70) thousand and $7.8 million, respectively. Other factors concerning the finances of these funds have
already been addressed in the discussion of the Government's business-type activities.
11
Capital Assets and Debt Administration
Capital Assets
The GovernmenYs investment in capital assets for its governmental and business-type activities as of December 31, 2010
amounts to $11 billion (net of accumulated depreciation). This investment in capital assets includes land, buildings,
improvements, equipment, infrastructure and construction in progress. Infrastructure assets are items that are normally
immovable and of value only to the Government, such as roads, bridges, streets and sidewalks, drainage systems and other
similar items.
Major capital asset transactions during the year included construction of infrastructure, buildings, acyuisition of public
safety vehicles, construction of water and sewerage systems, and construction of a new airport terminal and building.
Additional information on the Government's capital assets can be found in Note 3 of the notes to the financial statements of
this report.
The Government's Capital Assets
(net of depreciation)
December 31, 2010
Figure 4
Govemmental Business-type
Activities Activities Total
2010 2009 2010 2009 2010 2009
Land $ 21,332,064 $ 21,157,064 $ 18,813,269 $ 18,390,781 $ 40,145,333 $ 39,547,845
Buildings 49,568,318 50,213,709 44,606,449 46,033,568 94,174,767 96,247,277
Improvements otherthan buildings 27,358,784 25,054,129 6,549,685 7,293,392 33,908,469 32,347,521
Waterand sewerage systems - - 549,769,283 45Q032,294 549,769,283 45Q032,294
Infrastructure 77,214,291 80,493,928 11,314,785 12,021,355 88,529,076 92,515,283
Vehicles, machinery and equipment 15,600,631 16,483,023 17,394,301 17,918,860 32,994,932 34,401,883
Richmond County Public Facilities 2,109,247 2,109,247 - - 2,109,247 2,109,247
Construction in progress 211,668,096 140,128,093 51,302,399 124,583,413 262,970,495 264,711,506
$ 404,851,431 $ 335,639,193 $ 699,750,171 $ 676,273,663 $1,104,601,602 $1,011,912,856
12
Long-Term Debt
As of December 31, 2010, the Government had a total of $648.9 million in outstanding long-term debt. Of this amount,
$476.5 million consists of revenue bonds backed by the revenues of the water and sewer system.
The Government's Outstanding Debt
General Obligation and Revenue Bonds
December 31, 2010
Figure 5
_ _ __ __ _
' Goremmental Businesss-type '
Acti�ities Activities Total
' 2010 2009 2010 ' 2009 2010 ' 2009 '
General obligation bonds ! $ 67,431,441 $ 51,458,058 $ - $ - $ 67,431,441 $ 51,458,058 '
Re�enue bonds 22,120,000 - 476,580,544 475,597,884 498,700,544 475,597,884
Otherdebt 28,020,300 28,289,184 54,832,231 48,319,708 82,852,531 ' 76,608,892 !
Total debt ' $ 117,571,7 $ 79,747,24 ;, $ 531,412,775 $ 523,917,59 I$ 648,984,516 '$ 603,664 i
�amparative debt
$ ���,�,�,, o �, �_ __ -- ___..�.__ _ . - . _ . m _ � __..
� 5�oo,oao,00� r-- .__.. _._. __ � __._� .. _ _. ....._ .._ _ _ ______
1 �
� u
� S400,oao,o� F � _ _ _. _ . _ .. . _w
�
,
� $300,0OO,OE� ; _ _ _ � _e_ �_ � _._ _... _.._._...__ __ __..__,..,, . _.,,_._.�___ � 201Q
�
�2�4
$200,006,Q(� j .° �-° — a. _.�.� _�_�� .� ,..,.,._.,.. _._._._. _.._.__
1
$gUO,t�Of�,O� �—. . __ ___ -- . .....___�
_ . .. ............ ...._„_,,,., —
,
� �. ' . .___._. _. ...._�_ __ _._______
� Ge�eral obligation bonds Reuenue bqnds Oc�er deb�#
;
The Government bond rating was upgrade from A1 by Moody's Investor Service to Aa2 in June 2010, this bond rating was
also confirmed by Fitch Rating Service. The bond ratings are clear indications of the sound financial condition of the
Government. The high ratings are a primary factor in keeping interest costs low on the Government's outstanding debt.
The State of Georgia limits the amount of general obligation debt that a unit of government can issue to 10 percent of the
total assessed value of taxable property located within that government's boundaries. The legal debt margin for the
Government is $452 million based on the 2010 County-wide bond digest of $4.52 billion
Additional information regarding the Government's long-term debt can be found in Note 3 of the notes to the financial
statements of this report.
13
Economic Factors and Next Year's Budget and Rates
The following key economic indicators reflect the continued stability of the Government.
• There is a budgeted use of existing fund balance in the 2010 adopted budget, and a decrease of the county wide
millage rate.
• The downtown area has with in a one mile radius the following capital projects under construction
o The Government backed project
• Trade, Event and Exhibit Center -$38 Million
■ Reynolds Street Parking Deck -$10 Million
• Library - $24 Million
• Judicial Center - $67 Million
o Private / Other Development
■ KROC Center - $98 Million
■ GHSU School of Dentistry —$112 Million
• The Government has received the following national rankings
o Where to Retire Magazine: 8 Enticing Money-Saver Towns
o RelocateAmerica: Top 10 Places to Live for 20ll (ranked 7`
o The Brookings Institute: One of the nation's most resilient cities for the eighth straight time.
o RelocateAmerica: Top Places to Live
o Business Insider : The 20 Cities That Are Having An Awesome Recovery (ranked #6 )
• The Government has an unemployment rate of 103 %, slightly higher than the state average of 10.2%.
• The 2010 tax digest increased by 114%, with .O1% of this from normal factors such as increased exemptions and
the remaining 1.13% from reassessments.
• In 2010 the monthly Local Option Sales Tax collections increased at a rate of 1.52% over 2009, as compared to
• other similar governments whose sales tax collection changed at rates of -.065% to 5.93%.
Budget Highlights for the Fiscal Year Ending December 31, 2010
Each year, the County's overall goal is to provide essential services to our citizens as cost effectively and professionally as
possible. The Augusta Commission works diligently to plan for the future while insuring current programs and services are
working as smoothly as possible. We continually seek to improve. We are pleased that through our fiscal responsibility we
are able to maintain our current level of service without an increase in taxes.
Governmental Activlties: The Ad Valorem Taxes are projected to remain steady at the 2009 level. The 2010 tax
digest has shown a increase of approximately 1.14%. Other taxes are expected to remain steady or slightly decrease with
an expected 1% decrease in sales tax revenues. The FY 2010 budget for the general fund is expected to be slightly above
the 2009 level due to funding for the operating deficit of the transit department, and the continued rise in the cost of fuel
and operating supplies. Several new public facilities began operations in 2010 increasing building operational costs. The
general economic climate for the city government of 2010 is expected to be stable. The undesignated fund balance should
decrease slightly by $1.8 million due budgeted use of fund balance to balance the General fund instead of increasing the
county's millage rate.
Business — type Activities: Overall Water and Sewer revenue is projected to increase by more than 3% due to the
increased rates.
Requests for Information
This report is designed to provide an overview of the Government's finances for those with an interest in this area.
Questions concerning any of the information found in this report or requests for additional information should be directed
to the Finance Director, Augusta-Richmond County, Georgia, 530 Greene Street, Augusta, Georgia 30901. Questions
concerning any of the information found in this report relating to the Richmond County Board of Health should be directed
to the Department of Health at 950 Laney Walker Blvd., Augusta, Georgia 30901. Questions concerning any of the
information found in this report relating to Augusta Canal Authority should be directed to Augusta Canal Authority, 1450
Greene Street, Suite 400, Augusta, Georgia 30903. Questions concerning any of the information found in this report
relating to Downtown Development Authority should be directed to Downtown Development Authority, 936 Broad Street,
Suite 107, Augusta, Georgia 30901.
14
AUGUSTA, GEORGIA
Statement of Net Assets
December 31, 2010
Primary Government Component Units
Augusta-
Richmond
Business Primary Department Augus[a Downtown Urban County
Governmental Type Government of Canal Development Redevelopment Coliseum
Activities Activities Total Health Authority Authority Authority Authoriry
Assets
Cash and temporary investments $ 181,679,772 $ SQ049,712 $ 231,729,484 $ 2,046,801 $ 819,555 $ 170,170 $ 1,664,425 $ 2,185,457
Receivables (net of allowance
(for doubtful accounts)
Taxes 5,625,942 - 5,625,942 - - - - -
Accounts 18,09$983 24,695,884 42,794,867 68,690 19Q494 3,533 - 1ll,074
Interest 265,204 7,125 272,329 - - - - -
Notes 3,362,263 - 3,362,263 - - - - -
Intergovernmental - 202,603 202,603 781,296 - - - -
Prepaid expenses 764,629 249,935 1,014,564 - 32,213 - - 41,789
Inventory 82,341 3,366,213 3,448,554 - 42,391 - - -
Restricted cash and investments 108,629,833 51,206,893 159,836,706 - 1,892,008 - 3,896,848 -
Intemal balances 5,583,295 (5,583,295) - - - - - -
. Capital assets
Land and construc[ion in progress 233,000,160 70,ll 5,668 303,115,828 1,947,997 827,826 - - 1,674,426
Other capital assets, net of .
accumulateddepreciation 171,851,271 629,634,503 801,485,774 7,855,468 13,461,878 3,159,500 - 8,204,317
Otherassets 733,315 21,081,185 21,814,500 258,240
Total assets 729,677,008 845,026,406 1,574,703,414 12,70Q252 17,266,365 3,331,203 5,819,513 12,22Q063
Liabilities
Accounts payable 13,375,656 8,713,676 22,089,332 1,25Q928 81,243 96,726 98Q836
Accrued interest 637,566 5,710;020 6,347,586 - - - - -
Accrued salazies and vacation 1,959,031 , 398,456 2,357,487 359,832 48,464 - - -
Other accrued liabilities 21,823,556 218,759 22,042,615 6,376 2,015 33,313 -
Unearned revenue 1,026,312 - 1,026,312 - 21,860 - - -
Liabilities due in less than one year 32,355,861 13,522,570 45,878,431 40,731 144,092 315,000 -
Liabilities due in greater than
one year 85,215,880 517,89Q205 603,106,085 497,575 623,036 7,685,000
Totalliabilities 156,394,162 546,453,686 702,847,848 2,155,442 920,710 13Q039 S,OOQ000 98Q836
Net assets
Invested in capital assets net of
� relateddebt 392,52Q278 194,948,749 587,469,027 9,442,389 13,522,576 3,157,500 - 9,878,743
Restricted for.
Capital projects 127,306,669 15,416,712 142,723,381 - 1,87Q148 - - -
Debtservice - 12,231,713 12,231,773 - - - - -
Perpetual care 338,625 - 338,625 - - - - -
Health and welfare - - - 1,378,578 - - - -
Unrestricted 53,117,274 75,975,546 129,092,820 (296,157) 952,931 43,664 (2,18Q487) 1,360,484
Totalnetassets $ 573,282,846 $ 298,572,920 $ 871,855,566 $ IQ544,810 $ 16,345,655 $ 3,201,164 $ (2,18Q489) $ 11,239,227
The notes to the financial statements are an integral part of this statement.
19
AUGUSTA, GEORGIA
Statement of Activities
Year Ended December 31, 2010
Program Revenues
Operating Capital
Functions/Proerams Charges for Grants and Grants and
Expenses Services Contributions Contributions
Primary government:
Govemmental activities:
General government $ 41,420,563 $ 17,544,891 $ 3,061,604 $ -
Judicial 17,197,271 7,797,373 233,11] -
Publicsafery 82,198,232 7,236,047 1,024,014 -
Public works 16,010,143 2,307,975 - -
Health and welfaze 1,934,339 83,904 498,339 -
Culture and recreation 20,351,136 989,824 1,203,581 -
Housing and development 12,054,659 - 5,520,729 -
Interest on Iong-term debt 1,539,180 - - -
Total governmental activities 192,705,523 35,960,014 11,541,378 -
Business-type activities:
Waste management 6,192,260 9,715,639 - -
Water and sewer 81,438,293 84,460,784 - -
Airports 18,281,091 16,430,053 78 532,542
Municipalgolfcourse 629,179 376,667 - -
Transit 4,935,179 727,297 181,639 3,551,587
Gazbage collection 15,519,972 15,626,417 - -
Total business-type activities 126,995,974 127,336,857 181,717 4,084,129
Total primary governmem $ 319,701,497 $ 163,296,871 $ 11,723,095 $ 4,084,129
Component units:
Richmond County Department of Health $ 16,274,599 $ 4,060,070 $ 10,733,243 $ -
Augusta Canal Authority 1,724,050 853,681 392,694 66,700
Downtown Development Authority 536,602 59,257 207,194 626,710
Urban Redevelopment Authority 2,204,653 - - -
Augsuta-Ricmond County Coliseum Authority 4,919,828 2,644,442 - -
Total component units $ 25,659,732 $ 7,617,450 $ 11,333,131 $ 693,410
General revenues:
Property taxes
Sales taaces
Franchise taxes
Other taxes
Unrestricted governmental revenues
Revenues from use of money and property
Miscellaneous
Transfers
Total general revenues and transfers
Change in neY assets
Net assets - beginning,
Net assets - ending
The notes to the financial statements are an integral part of this statement.
20
Net (Expense) Revenue and
Changes in Net Assets
Primary Government Component Units
Augusta-
Richmond
Department Augusta Downtown Urban County
Governmental Business-type of Canal Development Redevelopment Coliseum
Activities Activities Total Health Authority Authority Authority Authority
$ (20 $ - $ (20,814,068) $ - $ - $ - $ - $ -
(9,166,787) - (9,166,787) - - - - -
(73,938,171) - (73,938,171) - - - - -
(13,702,168) - (13,702,168) - - - - -
(1,352,096) - (1,352,096) - - - - -
�is,is�,�3�) - (ia,is�,�3i� - - - - -
(6,533,930) - (6,533,930) - - - - -
(1,539,180) - (1,539,180) - - - - -
(145,204,131) - (145,204,131) - - - - -
- 3,523,379 3,523,379 - - - - -
- 3,022,491 3,022,491 - - - - -
- (1,318,418) (1,318,418) - - - - -
- �2s2,siz� �zsz,siz� - - - - -
- (474,656) (474,656) - - - - � -
- 106,445 106,445 - - - - -
- 4,606,729 4,606,729 - - - - -
$ (145,204,131) $ 4,606,729 $ (140,597,402) $ - $ - $ - $ - $ -
- - - (1,481,286) - - - -
- - - - (410,975) - - -
- - - - - 356,559 - -
- - - - - - (2,204,653) -
- - - - - - - (2,275,386)
- - - (1,481,286) (410,975) 356,559 (2,204,653) (2,275,386)
53,931,423 - 53,931,423 - - - - -
72,629,786 - 72,629,786 - - - - -
2Q906,985 - 2Q906,985 - - - - -
19,039,510 - 19,039,510 - - - - 1,281,206
1,117,472 - 1,117,472 1,291,600 - - -
3,419,228 395,407 3,814,635 14,818 7,419 2,391 24,166 12,439
855,819 1,023,328 1,879,147 - 51,512 - - -
(4,952,501) 4,952,501 - . - - - -
166,947,722 6,371,236 173,318,958 1,306,418 58,931 2,391 24,166 1,293,645
21,743,591 10,977,965 32,721,5% (174,868) (352,044) 358,950 (2,180,487) (981,741)
551,539,255 287,594,755 839,134,010 10,719,678 16,697,699 2,842,214 - 12,220,968
$ 573,282,846 $ 298,572,720 $ 871,855,566 $ 10,544,810 $ 16,345,655 $ 3,201,164 $ (2,180,487) $ ll,239;227
21
AUGUSTA, GEORGIA
Balance Sheet
Governmental Funds
December 31, 2010
Fire Special Sales
General Protection Tax Phase IV
Assets
Cash and temporary investments $ 22,618,769 $ 14,521,433 $ 53,827,392
Receivables (net of allowance for doubtful accounts)
Taxes 3,649,985 496,985 -
Accounts 8,399,497 - 11,868
Interest - - -
Note - - -
Prepaid items 763,944 - -
Inventory 82,341 - -
Restricted assets
Reserve account - - -
Perpetual care - - -
Due from other funds 7,489,309 - -
Total assets $ 43,003,845 $ 15,018,418 $ 53,839,260
Liabilities and fund balances
Liabilities:
Accounts payable $ 3,793,421 $ 333,594 $ 584,336
Due to other funds - - -
Accrued salaries 1,449,876 370,423 28,378
Other accrued liabilities 2,200,607 - -
Deferredrevenue 2,774,403 257,152 -
Totalliabilities 10,218,307 961,169 612,714
Fund balances:
Reserved for:
Encumbrances 3,569,423 75,930 20,328,940
Inventory/prepaid items 846,285 - -
Bond Projects - - -
Unreserved - designated for;
Other - 10,506,999 -
Risk benefit 4,705,061 250,000 -
Unreserved - undesignated 23,664,769 3,224,320 32,897,606
Unreserved, reported in nonmajor:
Special revenue - - -
Debt service _ - -
Capital projects - -
Permanent - - -
Total fund balances 32,785,538 14,057,249 53,226,546
Total liabilities and fund balances $ 43,003,845 $ 15,018,418 $ 53,839,260
The notes to the financial statements are an integral part of this statement.
24
Other Total
Special Sales Governmental Governmental
Tax Phase V Funds Funds
$ 36,495,613 $ 52,736,130 $ 180,199,337
- 1,478,972 5,625,942
3,582,769 2,467,447 14,461,581
265,204 - 265,204
- 3,362,263 3,362,263
- 685 764,629
- - 82,341
30,837,234 63,797,296 94,634,530
- 338,625 338,625
- - 7,489,309
$ 71,180,820 $ 124,181,418 $ 307,223,761
$ 5,873,990 $ 2,012,017 $ 12,597,358
- 1,665,580 1,665,580
- 100,687 1,949,364
- 17,508 2,218,115
- 4,196,039 7,227,594
5,873,990 7,991,831 25,658,011
29,743,463 10,534,668 64,252,424
- 685 846,970
10,139,388 66,843,594 76,982,982
- - 10,506,999
- - 4,955,061
25,423,979 - 85,210,674
- 14,265,514 14,265,514
- 213,082 213,082
- 23,812,091 23,812,091
- 519,953 519,953
65,306,830 116,189,587 281,565,750
$ 71,180,820 $ 124,181,418 $ 307,223,761
25
AUGUSTA, GEORGIA
Reconciliation of the Balance Sheet of Governmental Funds to the
Statement of Net Assets
December 31, 2010
Amounts reported for governmental activities in the statement of net assets are different because:
Ending fund balance - governmental funds $ 281,565,750
Capital assets used in governmental activities are not financial resources and, therefore, are not reported in
the funds.
Historical cost of capital assets 535,659,031
Accumulated depreciation (130,807,600)
404,851,431
Other long-term assets are not available to pay for current-period expenditures and, therefore, are deferred
in the funds.
Adjustment of deferred revenue 6,201,282
Bond issue costs capitalized 731,790
6,933,072
Net assets of internal service funds 1,340,961
Less: cumulative amounts allocated to business-type activities 465,441
Less: capital assets included in adjustment for capital assets (376,713)
1,429,689
Long-term liabilities, inciuding bonds payable and accrued interest, are not due and payable in the current
period and therefore are not reported in the funds.
General obligation bonds payable (67,431,441)
Revenue bonds payable (22,120,000)
Compensated absences (4,617,061)
Capital leases (1,070,201)
Claims and judgements (6,028,938)
Other post employement benefits liability (19,569,950)
Annual pension liability (21,939)
Accrued interest (637,566)
(121,497,096)
Net assets of governmental activities $ 573, 2 8 2,846
The notes to the financial statements are an integral part of this statement
27
AUGUSTA, GEORGIA
Statement of Revenues, Expenditures and Changes in Fund Balances
Governmental Funds
Year Ended December 31, 2010
Fire Special Sales
General Protection Tax Phase IV
Revenues
Ta�ces - property $ 37,841,223 $ 5,686,403 $ -
Taxes - other than property 52,052,628 10,506,999 -
Licenses and permits 1,516,948 - -
Use of money and property 1,370,898 89,808 368,060
Charges far current services 18,524,472 151,936 -
Fines and forfeitures 4,970,334 - -
Intergovernmental 3,844,271 - 851,445
Contributions and donations 48,610 - -
Other 73,828 - -
Total revenues 120,243,212 16,435,146 1,219,505
Expenditures
Current:
General government 27,454,137 - 549,523
Judicial 15,652,278 - -
Public safety 55,757,652 21,320,486 334,220
Public works 5,726,070 - 4,586,206
Health and welfare 1,838,640 - 32,551
Culture and recreation 12,855,994 - 37,287
Housing and development 1,369,858 - -
Capital outlay - 544,500 8,574,994
Debt service - - -
Intergovernmental - - 210,172
Total expenditures 120,654,629 21,864,986 14,324,953
Excess (deficiency) of revenues
over (under) exPenditures (411,417) (5,429,840) (13,105,448)
Other financing sources (uses)
Transfers in 3,636,100 4,960,000 -
Transfers (out) (2,522,347) - -
Capital lease proceeds 917,469 - -
Bonds proceeds - - -
Premium on bonds sold - - -
Total other financing sources (uses) 2,031,222 4,960,000 -
Net change in fund balances 1,619,805 (469,840) (13,105,448)
Fund balance - beginning 31,165,733 14,527,089 66,331,994
Fund balance - ending $ 32,785,538 $ 14,057,249 $ 53,226,546
The notes to the financial statements are an integral part of this statement.
28
Other Total
Special Sales Governmental Governmental
Tax PhaseV Funds Funds
$ - $ 11,077,927 $ 54,605,553
36,724,791 13,291,863 112,576,281
- 2,999,479 4,516,427
983,753 625,404 3,437,923
- 7,207,207 25,883,615
- 562,883 5,533,217
- 5,787,968 10,483,684
- 2,144,780 2,193,390
- 826,311 900,139
37,708,544 44,523,822 220,130,229
543,540 3,955,979 32,503,179
- 331,702 15,983,980
- 4,041,053 81,453,411
731,294 6,291,124 17,334,694
30,503,798 - 32,374,989
418,174 3,799,824 17,111,279
- 10,623,060 11,992,918
25,623,121 5,688,206 40,430,821
- 12,348,318 12,348,318
13,144 250,000 473,316
57,833,071 47,329,266 262,006,905
(20,124,527) (2,805,444) (41,876,676)
- 10,776,470 19,372,570
�9,69�,900� �i2,s42,9i9� �2a,�63,166�
- - 917,469
- 44,070,000 44,070,000
- 3,635,264 3,635,264
(9,697,900) 45,938,815 43,232,137
(29,822,427) 43,133,371 1,355,461
95,129,25'7 73,056,216 280,210,289
$ 65,306,830 $ 116,189,587 $ 281,565,750
29
AUGUSTA, GEORGIA
Reconciliation of the Statement of Revenues, Expenditures and
Changes in Fund Balances of Governmental Funds to the
Statement of Activities
Year Ended December 31, 2010
Amounts reported for governmental activities in the statement of activities are different because:
Net change in fund balances - total governmental funds $ 1,355,461
Governmental funds report capital outlays as expenditures. However, in the statement of activities the
cost of those assets is allocated over their estimated useful lives and reported as depreciation expense.
This is the amount by which capital outlay exceeded depreciation in the current period.
Capital outlay 81,080,521
Depreciation expense (ll,843,994)
69,236,52�
Governmental funds recognize revenues when current resources are provided; the Statement of
Activities recognizes revenue when earned, resulting in a timing difference of current period revenues
relating to converting from modified-accrual basis to full accrual basis. (788,272)
The change in the net pension obligation or asset does not affect current financial resources and are
not reported as a revenue or expense in the funds. 539,176
The change in the net other post employment benefit obligation or asset does not affect current
financial resources and are not reported as a revenue or expense in the funds. (11,035,931)
The issuance of long-term debt (e.g. bonds, leases) provides current financial resources to
governmental funds, while the repayment of the principal of long-term debt consumes the current
financial resources of governmental funds. Neither transaction, however has any effect on net assets.
Also, governmental funds report the effect of issuance costs, premiums, discounts, and similar items
when debt is first issued, whereas these amounts are deferred and amortized in the statement of
activities. This amount is the net effect of these differences in the treatment of long-term debt and
related accounts.
General obligation bonds payable (15,973,383)
Revenue bonds payable (22,120,000)
Compensated absences 73,354
Capital leases 161,885
Claims and judgements 78,560
Bond issue costs capitalized 419,051
Accrued interest (301,148)
(37,661,681)
The net revenue of certain activities of the internal service fund is reported with governmental 98,311
Change in net assets of governmental activities $ 21,743,591
The notes to the financial statements are an integral part of this statement.
31
AUGUSTA, GEORGIA
General Fund
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Budgeted Amounts Final Budget -
Actual Positive 2009
Original Final Amounts (Negative) Actual
Revenues
Taxes - property $36,775,370 $ 36,775,370 $ 37,841,223 $ 1,065,853 $ 39,531,917
Taxes - other than property 52,683,820 52,683,820 52,052,628 (631,192) 52,604,037
Licenses and permits 1,582,000 1,582,000 1,516,948 (65,052) 1,396,547
Use of money and property 1,978,100 1,978,100 1,370,898 (607,202) 1,741,840
Charges for current services 18,804,420 18,820,420 18,524,472 (295,948) 17,676,616
Fines and forfeitures 5,439,820 5,439,820 4,970,334 (469,486) 4,967,862
Intergovernmental 4,984,210 6,156,943 3,844,271 (2,312,672) 4,253,024
Contributions and donations 10,640 34,405 48,610 14,205 16,097
Other 37,000 38,776 73,828 35,052 62,798
Total revenues 122,295,380 123,509,654 120,243,212 (3,266,442) 122,250,738
Expenditures
Current:
General government 25,325,162 28,633,988 27,454,137 1,179,851 26,807,908
Judicial 16,835,160 16,025,051 15,652,278 372,773 15,496,291
Public safety 57,698,515 57,936,155 55,757,652 2,178,503 57,767,154
Public works 6,839,929 6,529,488 5,726,070 803,418 5,972,836
Health and welfare 1,846,770 1,856,440 1,838,640 17,800 2,106,402
Culture and recreation 13,785,374 13,352,830 12,855,994 496,836 13,088,770
Housing and development 1,545,920 1,589,132 1,369,858 219,2�4 2,163,830
Total expenditures 123,876,830 125,923,084 120,654,629 5,268,455 123,403,191
Excess (deficiency) of revenues
over (under) expenditures (1,581,450) (2,413,430) (411,417) 2,002,013 (1,152,453)
Other financing sources (uses)
Transfers in 3,944,540 3,858,720 3,636,100 (222,620) 14,3'75,443
Transfers (out) (4,159,300) (4,199,300) (2,522,347) 1,676,953 (2,399,116)
Capital lease proceeds - - 917,469 917,469 1,127,154
Total other financing sources (uses) (214,760) (340,580) 2,031,222 2,371,802 13,103,481
Net change in fund balances $(1,796,210) $ (2,754,010) 1,619,805 $ 4,373,815 l 1,951,028
Fund balance - beginning 31,165,733 19,214,705
Fund balance - ending $ 32,785,538 $ 31,165,733
The notes to the financial statements are an integral part of this statement.
32
AUGUSTA, GEORGIA
Fire Protection
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Budgeted Amounts Final Budget -
Actual Positive 2009
Original Final Amounts (Negative) Actual
Revenues
Taxes - property $ 5,475,820 $ 5,475,820 $ 5,686,403 $ 210,583 $ 5,869,215
Taxes - other than property 10,880,000 10,880,000 10,506,999 (373,001) 10,821,499
Use of money and property 340,000 340,000 89,808 (250,192) 173,709
Charges for current services 127,000 127,000 151,936 24,936 168,844
Contributions and donations - - - 1,000
Total revenues 16,822,820 16,822,820 16,435,146 (387,674) 17,034,267
Expenditures
Current:
Public safety 21,604,720 21,689,745 21,320,486 369,259 21,068,619
Capital outlay 178,100 1,129,788 544,500 585,288 1,135,655
Total expenditures 21,782,820 22,819,533 21,864,986 954,547 22,204,274
Excess (deficiency) of revenues
over (under) expenditures (4,960,000) (5,996,713) (5,429,840) 566,873 (5,170,007)
Other financing sources (uses)
Transfers in 4,960,000 4,960,000 4,960,000 - 4,960,000
Total other financing sources (uses) 4,960,000 4,960,000 4,960,000 - 4,960,000
Net change in fund balances $ - $ (1,036,713) (469,840) $ 566,873 $ (210,007)
Fund balance - beginning 14,527,089 14,737,096
Fund balance - ending $ 14,057,249 $ 14,527,089
The notes to the financial statements are an integral part of this statement.
33
AUGUSTA, GEORGIA
Statement of Net Assets
Proprietary Funds
December 31, 2010
Enterprise Funds
Water Augusta Other Internal
and Sewer Regional Enterprise Service
Assets System Airport Funds Total Funds
Current assets
Cash and temporary investments $ 19,247,877 $ 10,363,508 $ 20,438,327 $ 50,049,712 $1,480,435
Receivables (net of allowance for doubtful �
accounts)
Accounts 18,516,850 375,681 5,803,353 24,695,884 3,637,402
Interest 6,542 - 583 7,125 -
Intergovernmental - 202,603 - 202,603 -
Prepaid expenses 249,935 - - 249,935 1,525
Inventory 2,794,536 331,584 240,093 3,366,213 -
Total current assets 40,815,740 11,273,376 26,482,356 78,571,472 5,119,362
Noncurrent assets
Restricted cash and investments 21,412,265 20,280,543 9,514,065 51,206,873 13,656,678
Deferred bond issuance costs 5,302,755 889,935 584,783 6,777,473 -
Prepaid bond interest 13,930,212 - - 13,930,212 -
Capital assets, net 599,623,343 52,448,837 47,677,991 699,750,171 376,713
Other assets 373,500 - - 373,500 -
Total noncurrent assets 640,642,075 73,619,315 57,776,839 772,038,229 14,033,391
Total assets 681,457,815 84,892,691 84,259,195 850,609,701 19,152,753
Liabilities
Current liabilities
Accounts payable 4,920,152 1,394,540 2,398,984 8,713,676 778,298
Accrued interest 5,710,020 - - 5,710,020 -
Due to other funds 1,896,474 2,249,979 971,401 5,117,854 705,875
Accrued salaries and vacation 741,690 254,685 256,651 1,253,026 9,667
Other accrued liabilities - - 218,759 218,759 13,852
Current portion of notes payable 2,555,048 - - 2,555,048 -
Current portion of leases payable 942,309 - 1,100,643 2,042,952 -
Current portion of revenue bonds payable 7,285,000 - 785,000 8,070,000 -
Total current liabiliries 24,050,693 3,899,204 5,731,438 33,681,335 1,507,692
Noncurrent liabilities
Closure/postclosure accrual - - 16,245,410 16,245,410 -
Revenue bonds payable 438,115,990 19,605,000 10,789,554 468,510,544 16,304,100
Notes payable 26,510,625 - - 26,510,625 -
Capitalleases 5,503,461 - 1,120,165 6,623,626 -
Total noncurrent liabilities 470,130,076 19,605,000 28,155,129 517,890,205 16,304,100
Totalliabilities 494,180,769 23,504,204 33,886,567 551,571,540 17,811,792
Net assets
Invested in capital assets, net of related debt 118,710,910 32,843,837 43,394,002 194,948,749 376,713
Restricted for debt service 7,365,190 4,863,831 2,692 12,231,713 -
Restricted for capital projects - 15,416,712 - 15,416,712 -
Unrestricted 61,200,946 8,264,107 6,975,934 76,440,987 964,248
Total net assets $ 187,277,046 $ 61,388,487 $ 50,372,628 $ 299,038,161 $1,340,961
Some amounts reported for busirzess-type activities in the statement of net assets are different
because of the following:
Certain internal fund assets and liabilities are included with business-type activities. $ (361,921)
Certain internal fund expenses are allocated to business-type activities. (103,520)
Total net assets for business-type activities $ 298,572,720
The notes to the financial statements are an integral part of this statement.
34
AUGUSTA, GEORGIA
Statement of Revenues, Expenses, and Changes in Fund Net Assets
Proprietary Funds
Year Ended December 31, 2010
Enterprise Funds
Water Augusta Other Internal
and Sewer Regional Enterprise Service
System Airport Funds Total Funds
Operating revenues
Charges and fees $ 84,460,784 $ 15,503,504 $ 26,547,274 $ 126,511,562 $ 31,630,650
Total operating revenues 84,460,784 15,503,504 26,547,274 126,511,562 31,630,650
Operating expenses
Personal services and employee benefits 13,180,215 3,782,661 4,962,092 21,924,968 457,534
Purchased/contracted services 7,012,770 1,222,503 14,802,532 23,037,805 561,140
Supplies 8,603,711 9,035,531 1,843,447 19,482,689 226,758
Repairs and maintenance 5,088,167 277,196 2,022,156 7,387,519 4,518,483
Interfund/interdepartmental charges 2,188,950 221,460 628,615 3,039,025 -
Other costs 770 - - 770 66,886
Depreciation 22,791,229 2,181,241 2,664,930 27,637,400 21,169
Closure/postclosure accrual - - 750,675 750,675 -
Lease expense - - - - 2,147,048
Risk benefit charges - - - - 1,061,508
Insurance - - - - 23,064,804
Total operating expenses 58,865,812 16,720,592 27,674,447 103,260,851 32,125,330
Operating income (loss) 25,594,972 (1,217,088) (1,127,173) 23,250,711 (494,680)
NonoPerating revenue (expense)
Interest revenue 165,056 81,900 170,646 417,602 277,012
Saleofproperty 32,104 42,737 18,334 93,175 4,669
Other revenue - 1,683,019 63,098 1,746,117 78,353
Intergovernmental - 377,018 3,888,828 4,265,846 -
Interest expense (22,497,445) (1,037,088) (109,934) (23,644,467) (308,658)
Total nonoperatingrevenue (expense) (22,300,285) 1,147,586 4,030,972 (17,121,727) 51,376
Income (loss) before transfers 3,294,687 (69,502) 2,903,799 6,128,984 (443,304)
Transfers in - - 5,077,501 5,077,501 438,095
Transfers out - - (125,000) (125,000) -
C6ange in net assets 3,294,687 (69,502) 7,856,300 11,081,485 (5,209)
Total net assets - beginning 183,982,359 61,457,989 42,516,328 1,346,170
Total net assets - ending $ 187,277,046 $ 61,388,487 $ 50,372,628 $ 1,3 40,961
Some amounts reported for business-type activities in the statement of net assets are different
because of the following:
Certain internal fund expenses are allocated to business-type activities. (103,520)
Total change in net assets for business-type activities $ 10,977,96
The notes to the financial statements are an integral part of this statement.
35
AUGUSTA, GEORGIA
Statement of Cash Flows
Proprietary Funds
Year Ended December 31, 2010
Enterprise Funds
Water Augusta Other Internal
& Sewer Regional Enterprise Service
System Airport Funds Total Funds
Operating activities
Cash received from customers $ 78,021,959 $15,828,236 $ 25,801,953 $119,652,148 $ -
Cash received from contributions - - - - 30,044,114
Cash advanced from other funds - - 230,134 230,134 704,350
Cash paid to suppliers (16,712,213) (11,008,074) (18,731,806) (46,452,093) (29,544,497)
Cash paid to employees (13,183,418) (3,761,654) (4,941,733) (21,886,805) (485,272)
Cash paid for interfund services used (8,442,109) - (5,245) (8,447,354) -
Net cash provided by (used in)
operating activities 39,684,219 1,058,508 2,353,303 43,096,030 718,695
Noncapital financing activities
Transfers in - - 5,077,501 5,077,501 439,643
Transfers out - - (125,000) (125,000) (1,548)
Operating grants - - 72,070 72,070 -
Interest expense on operating capital - - 22,393 22,393 (28,908)
Otherrevenue - - - - 77,953
Otherexpense - 26,928 - 26,928 -
Net cash provided by (used in) noncapital
financing activities - 26,928 5,046,964 5,073,892 487,140
Capital and related financing activities
Proceeds from grants 336,116 2,317,034 2,653,150 -
Proceeds from sale of property 32,104 - 160,454 192,558 7,791
Proceeds from notes payable borrowings 8,840,668 - - 8,840,668 -
Proceeds from capital leases 346,393 - 528,705 875,098 -
Interest on bond funds 8,614 - - 8,614 -
Loan origination fee (373,500) - - (373,500) -
Other miscellaneous income 1,735,336 40,288 1,775,624 400
Proceeds from bond issuance - - 9,390,734 9,390,734 -
Purchase of capital assets (38,095,367) (1,ll5,623) (12,045,038) (51,256,028) -
Bond issuance costs paid - - (285,629) (285,629) -
Payments on bonds issued - (1,700,000) (1,700,000) -
Interest paid on capital debt (21,121,471) (1,037,088) (123,496) (22,282,055) (234,611)
Payments on capital leases (1,339,153) - (970,180) (2,309,333) -
Principal paid on revenue bonds (6,455,000) - - (6,455,000) -
Net cash used in capital and
related financing activities (58,156,712) (81,259) (2,687,128) (60,925,099) (226,420)
Investing activities
Interest received 163,693 81,900 170,755 416,348 276,788
Net cash provided by investing activities 163,693 81,900 170,755 416,348 276,788
Net decrease in cash and cash
eguivalents/investments (18,308,800) 1,086,077 4,883,894 (12,338,829) 1,256,203
Cash and cash equivalents/investments
Beginning of year 58,968,942 29,557,974 25,068,498 113,595,414 13,880,910
End of year $ 40,660,142 $30,644,051 $ 29,952,392 $101,256,585 $15,137,113
The notes to the financial statements are an integral part of this statement.
36
AUGUSTA, GEORGIA
Statement of Cash Flows
Proprietary Funds
Year Ended December 31, 2010
Enterprise Funds
Water Augusta Other Internal
& Sewer Regional Enterprise Service
System Airport Funds Total Funds
Reconciliation of operating income (loss) to net
cash provided by (used in) operating activities
Operating income (loss) $ 25,594,972 $ (1,217,088) $ (1,127,173) $ 23,250,711 $ (494,680)
Adjustments to reconcile operating income (loss)
to net cash provided by (used in) operating
activities:
Depreciation and amortization 22,791,224 2,181,241 2,664,930 27,637,400 21,168
Closure/post closure costs - - 750,675 750,675 -
Department of the Army loan (2,455,980) - - (2,455,980) -
Net change in assets and liabiliries:
Accounts receivable (3,982,845) 324,732 (745,321) (4,403,434) 276,517
Inventory (350,907) 1,813 (24,935) (374,029) -
Prepaid expenses (5,968) - - (5,968) 1,612,515
Accounts payable 749,443 551,159 2,326 1,302,928 225,226
Accrued salaries and vacation (3,203) 27,291 20,359 44,447 (27,738)
Other accrued liabilites - - (41,062) (41,062) 13,852
Due to other funds (2,652,522) (810,640) 853,504 (2,609,658) (908,165)
Total adjustments 14,089,247 2,275,596 3,480,476 19,845,319 1,213,375
Net cash provided by (used in)
operating activities $ 39,684,219 $ 1,058,508 $ 2,353,303 $ 43,096,030 $ 7 18,695
Reconciliation of cash and cash equivalents
to the balance sheets
Cash and cash equivalents in current assets $ 19,247,877 $10,363,508 $ 20,438,327 $ 50,049,712 $ 1,480,435
Restricted cash and cash equivalents included in
noncurrent cash and investments 21,412,265 20,280,543 9,514,065 51,206,873 13,656,678
Net cash and cash equivalents 0,660,142 0,644,051 29,952, 9 101,256,585 15, 137,113
Noncash transactions
Amortization of interest expense $ 1,233,297 $ 36,508 $ - $ - $ -
Accrued interest on notes payable (7,032) - - - -
Principal and interest reduction of note payable -
Department of Army 2,455,980 - - - -
Premiums on bonds sold 644,243
The notes to the financial statements are an integral part of this statement.
37
AUGUSTA, GEORGIA
Statement of Fiduciary Net Assets
Fiduciary Funds
December 31, 2010
Private-purpose
Pension Trust Fund Agency
Trust Funds Joseph R. Lamar Funds
Assets
Cash and cash equivalents $ 5,775,907 $ 1,284 $ 10,586,935
Investments
U.S. Government securities 12,136,837 - -
Corporate bonds 6,054,555 - -
Equity securities 41,539,691 - -
Receivables (net of allowance for doubtful accounts)
Taxes - - 21,274,839
Accounts 1,608,547 - -
Interest 233,251 - -
Perpetual care - 5,000 -
Total assets 67,348,788 6,284 31,861,774
Liabilities
Accounts payable 272 - -
Due to other funds - - 10,586,935
Deferred revenue - - 21,274,839
272 - 31,861,774
Net assets
Held in trust for pension benefits and
other purposes
(See Schedules of Funding Progress) $ 67,348,516 $ 6,284
The notes to the financial statements are an integral part of this statement.
38
AUGUSTA, GEORGIA
Statement of Changes in Fiduciary Net Assets
Fiduciary Funds
Year Ended December 31, 2010
Private-purpose
Pension Trust Fund
Trust Funds Joseph R. Lamar
Additions
Contributions
Contributions - employer $ 3,069,309 $ -
Contributions - plan member 338,309 -
Total contributions 3,407,618 -
Investment earnings
Interest and dividend income 6,189 307
Net increase (decrease) in fair value of investments 3,787,543 -
Total Investment earnings 3,793,732 307
Less investment expense (433,467) -
Net investment earnings 3,360,265 307
Total additions 6,767,883 307
Deductions
Benefit payments 7,007,619 -
Total deductions 7,007,619 -
Net increase (decrease) in plan net assets (239,736) 307
Total net assets - beginning 67,588,252 5,977
Total net assets - ending $ 67,348,516 $ 6,284
The notes to the financial statements are an integral part of this statement.
39
AUGUSTA, GEORGIA
Notes to Financial 5tatements
Year Ended December 31, 2010
Note 1- Summary of signifcant accounting policies
Augusta, Georgia ("the Government") accounts for its 6nancial position and results of operations in accordance with
accounting principles generally accepted in the United States of America (GAAP) applicable to governmental units. The
GovernmenYs reporting entity applies all relevant Government Accounting Standards Board (GASB) pronouncements. In
the government-wide financial statements and in the proprietary fund financial statements, the Government applies
Financial Accounting Standards Board (FASB) pronouncements and Accounting Principles Board (APB) opinions
issued on or before November 30, 1989, unless those pronouncements conflict with or contradict GASB pronouncements,
in which case, GASB prevails. Accordingly, the Government has adopted accounting policies, as described below.
A. Reporting entity
Augusta is located in the east central section of the state on the south bank of the Savannah River, which serves as the
boundary between Georgia and South Carolina. Augusta is on the fall line and has a landscape dotted with foothills
which descend to the coastal plain. Augusta is the head of the navigation on the Savannah River and is 135 miles east
of Atlanta, 127 miles northwest of the port of Savannah, and 72 miles southwest of Columbia, South Carolina.
Augusta is the trade center for 13 counties in Georgia and five in South Carolina, a section known as the Central
Savannah River Area.
The Government was created by legislative act in the State of Georgia in 1995 from the unification of the two
governments, the City of Augusta, Georgia and Richmond County, Georgia. On June 20, 1995, the citizens of
Richmond County and the City of Augusta voted to consolidate into one government named Augusta, Georgia. The
officials for the new government were elected and, based on the charter, took office on January 1, 1996. The unified
government combined all functions and began financial operations January l, 1996.
The Government is governed by a full-time Mayor, with a term of four years, and a ten member Commission, who
serve on a part-time basis and are elected to staggered terms of four years. The Mayar and Commission appoint an
Administrator who serves as a full-time administrative officer and is responsible for the daily operations of the
Government.
The Government's financial statements include the accounts of all Augusta and Richmond County operations. The
criteria for including organizations as component units within Augusta's reporting entity, as set forth in Section 2100
of GASB's Codification of Governmental Accounting and Financial Reporting Standards, include whether:
• the organization is legally separate (can sue and be sued in their own name)
• the Government holds the corporate powers of the organization
• the Government appoints a voting majority of the organization's board
• the Government is able to impose its will on the organization
• the organization has the potential to impose a financial benefit/burden on tbe Government
• there is fiscal dependency by the organization on the Government
Utilizing the above criteria, the following agencies and commissions were included using the blending method in the
financial statements: Augusta Port Authority, due to degree of fiscal dependency on the Government, and Richmond
County Public Facilities, Ina (see Note 4D).
Complete financial statements for the individual component units may be obtained at the following address: Augusta,
Georgia, Finance Department, 530 Greene Street, Augusta, Georgia 30901.
The Government's other component units; the Department of Health, Urban Redevelopment Authority, Augusta-
Richmond County Coliseum Authority, Augusta Canal Authority and Downtown Development Authority are included
in separate columns in the accompanying government-wide financial statements. These units are reported in separate
columns to emphasize that they are legally separate from the Government. Separate financial statements may be
obtained from the Richmond County Department of Health at 950 Laney Walker Blvd., Augusta, Georgia 30901.
Separate financial statements for the Augusta-Richmond County Coliseum Authority may be obtained from the Civic
Center, 601 Seventh St., Augusta, Georgia 30901. Separate financial statements for the Downtown Development
43
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 1- Summary of significant accounting policies (Continued)
Authority may be obtained from the Downtown Development Authority at 936 Broad Street, Suite 107, Augusta,
Georgia, 30901. Separate financial statements for the Augusta Canal Authority may be obtained from the Augusta
Canal Authority at 1450 Greene Street, Suite 400, Augusta, Georgia, 30903.
Information for the Department of Health and Augusta-Richmond County Coliseum Authority is presented for the year
ended June 30, 2010, which were the latest financial statements available. The Department of Health and Augusta-
Richmond County Coliseum Authority operate with the June 30 fiscal year end, which is different from the
governments fiscal year end.
Urban Redevelopment Authority — A voting majority of the board is appointed by the Government, and fiscal
dependency.
Augusta Canal Authority — A voting majority of the board is appointed by the Government, and fiscal dependency.
Richmond County Department of Health - A voting majority of the board is appointed by the Government.
Downtown Development Authority — A voting majority of the board is appointed by the Government.
Augusta-Richmond County Coliseum Authority — A voting majority of the board is appointed by the Government,
and fiscal dependency.
B. Basis of presentation
Government-wide statements: The statement of net assets and the statement of activities display information about the
primary government. These statements include the financial activities of the overall government. Eliminations have
been made to minimize the double counting of internal activities. These statements distinguish between the
governmental and business-type activities of the Government. Governmental activities generally are financed through
taxes, intergovernmental revenues, and other non-exchange transactions. Business-type activities are financed in
whole or in part by fees charged to external parties. Likewise, the primary governrrrent is reported separately from
certain legally separate component units for which the primary government is financially accountable.
The statement of activities presents a comparison between direct expenses and program revenues for the different
business-type activities of the Government and for each function of the Government's governmental activities. Direct
expenses are those that are specifically associated with a program or function and, therefore, are clearly identifiable to
a particular function. Program revenues include (a) fees and charges paid by the recipients of goods or services offered
by the programs and (b) grants and contributions that are restricted to meeting the operational or capital requirements
of a particular program. Revenues that are not classified as program revenues, including all taxes, are presented as
general revenues.
Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary funds, even though
the latter are excluded from the government-wide financial statements. Major individual governmental funds and
major individual enterprise funds are reported as separate columns in the fund financial statements.
Fund financial statements: The fund financial statements provide information about the Government's funds.
Separate statements for each fund category — governmental, proprietary and fiduciary — are presented. The emphasis of
fund financial statements is on major governmental and enterprise funds, each displayed in a separate column. All
remaining governmental and enterprise funds are aggregated and reported as nonmajor funds.
Proprietary fund operation revenues, such as charges for services, result from exchange transactions associated with the
principal activity of the fund. Exchange transactions are those in which each party receives and gives up essentially
eyual values. Nonoperating revenues, such as subsidies and investment earnings, result from non-exchange
transactions or ancillary activities.
The Government reports the following major governmental funds:
General Fund — The General Fund is the general operating fund of the Government. The General Fund accounts
for all financial resources except those that are required to be accounted for in another fund. The primary revenue
sources are ad valorem taxes, state grants, and various other taxes and licenses. The primary expenditures are for
public safety, recreation, street maintenance and improvements, and sanitation services.
44
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 1- Summary of significant accounting policies (Continued)
Fire Protection Fund — The Fire Protection Fund is a special revenue fund that accounts for the receipts and
disbursements of tax revenues restricted for fire protection services in the unincorporated area only. The primary
revenue source is ad valorem taxes, and the primary expenditures are for public safety.
Special Sales Tax Phase IV Fund — This fund was established for expenditures specifically budgeted from
revenue from the one percent (1%) sales tax (Phase N) collected from the years 2001 - 2006 to be used primarily
for public works, recreation and outside agency projects.
Special Sales Tax Phase V Fund — This fund is a capital projects fund that accounts for receipts and
disbursements of the one percent (1%) sales tax collected beginning March 2006 and expiring the quarter after the
total of $160 million has been collected. The revenue sources are sales tax and earned interest, and expenditures
will be for capital outlay projects, primarily for public facilities, public works, recreation, and outside agency
projects. The funds will also be used to repay $44 million bonds issued for the expansion at the Webster Detention
Center and the construction of the Trade, Event and Exhibit Center. Additionally the funds will be used for the
repayment of $8 million bonds issued by the Canal Authority.
The Government reports the following nonmajor governmental funds:
Snecial Revenue Funds
Urban Services District Fund - This fund accounts for revenue primarily from ad valorem taxes from areas within
the former city limits and expenditures related to governmental services such as "Main StreeY', "Urban Street
Lights", and "Sanitation".
Emergency Telephone System Fund - This fund accounts for the receipt and disbursement of revenues of the
emergency telephone response system.
Capital Outlay Fund - This fund accounts for the disbursement of revenues for all capital expenditures in General
Fund departments. Capital expenditures are defined as any non-disposable item over $500 which includes vehicles,
office and computer equipment, communications equipment, building renovations and office furniture.
Law Enforcement Fund - This fund accounts for revenue and expenditures of the Sheriff s Department and Jail.
Occupational Tax Fund - This fund accounts far the receipt and disbursement of taac revenues restricted for fire
protection services in the unincorporated area only.
Special Assessment Fund - This fund accounts for the receipt and disbursement of street light assessment taxes for
the installation of street lights in the Government.
Hotel/Motel tax and Promotion/Tourism Fund - This fund accounts for the receipt and disbursement of
hotel/motel and beer/wine taY revenues to the Augusta-Richmond County Convention & Visitors Bureau and the
Augusta-Richmond County Coliseum Authority.
Housing and Neighborhood Development Fund - This fund accounts for the financing and construction of various
community development projects from grants received from the U.S. Department of Housing and Urban
Development.
Urban Development Action Grant (UDAG) Fund - This fund accounts far loan transactions in relation to urban
development action grants. Repayments of initial grant revenue loaned to qualified recipients are restricted to
additional financing to qualified applicants.
Federal Drug Fund - This fund accounts for activities associated with drug education and enforcement.
State Drug Fund - This fund accounts for activities associated with drug education and enforcement.
45
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 1- Summary of significant accounting policies (Continued)
Law Library — This fund accounts for receipt and disbursement of the Library.
5% Crime Victim's Assistance Fund - This fund accounts for the 5% surcharge on certain fines with the proceeds
used for a victim's assistance program.
Supplemental Juvenile Service Fund - This fund accounts for supervisory fees collected on juvenile cases.
Building Inspection Fund — This fund accounts for building inspection licensing and fees revenue and related
expenditures.
Wireless Phase Fund — This fund accounts for activities associated with 911 charges for wireless service.
Perpetual Care I Fund - This fund accounts for monies collected from sale of perpetual care contracts at
Government-owned cemeteries after October 1, 1970, as well as receipt of investment earnings on all perpetual care
investments and payment of cemetery maintenance expenditures.
Downtown Development Fund — This fund accounts for excise taxes collected on rental motor vehicles, and debt
payments made and appropriations given to the Downtown Development Authority.
Canine Forfeitures - This fund accounts for proceeds recovered from drug arrests, which are allocated to the canine
unit in return for their assistance.
NPDES Permit Fees - This fund accounts for a per acre environmental fee charged to all contractors who disturb
more than one acre of land at a building site.
Transportation and Tourism Fund — This fund accounts for a fee to provide enhanced public transportation
services and to enhance the tourism opportunities in the Historic Heritage District The Government has implemented
a$1.00 per night room fee. In exchange for the transportation fee, payers of the fee shall be entitled to free use of
the public transportation systems for the duration of their hotel stay in Augusta. The revenues generated by the
transportation fee shall be used to fund and enhance public transportation operation, management of the Trade
Exhibit and Event Center, and to revitalize the Historic Heritage Districts of Augusta to enhance the transportation
and tourism services available in Augusta.
Drug Court — This fund accounts for activities associated with drug education and enfarcement.
Urban Redevelopment Projects — This fund accounts for the use of the related loan funds to assist the City in
alleviating economic deterioration by means of increasing public and private investments in order to aid in economic
recovery to strengthen the economics, employment, and tax base of the City. More specifically, the proceeds will
finance the development of the Laney-Walker and Bethlehem Urban Redevelopment Area.
Debt Service Funds
2006 GO Sales Tax Bonds Debt Service Fund — This fund accounts for the general obligation bonds related to the
General Obligation Sales Tax Bonds, Series 2006. The bonds are to be repaid with funds from SPLOST Phase V.
2009 GO Sales Tax Bonds Debt Service Fund — This fund account for the general obligation bonds related to the
General Obligation Sales Tax Bonds, Series 2009. The bonds are to be repaid with funds from SPLOST Phase VI.
2010 GO Sales Tax Bonds Debt Service Fund - This fund accounts for the general obligation bonds related to the
General Obligation Sales Tax Bonds, Series 2010. The bonds are to be repaid with funds from SPLOST Phase VII.
Coliseum Authority Revenue Bonds Debt Service — This fund accounts for the costs of certain acquisitions and
capital improvements to the Augusta Entertainment Center Complex and the TEE Center Project.
46
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 1- Summary of significant accounting policies (Continued)
Capital Proiects Funds
Community Development Fund - This fund accounts for the financing and construction of various community
development projects. Financing is provided by grants received from the U.S. Department of Housing and Urban
Development.
Special Sales Tax Phase II Fund - This fund accounts for financing and construction of various construction and
road improvements, drainage, jail improvements, and museums. Financing is to be provided by receipts from a
1991 special one percent local option sales tax referendum.
Special Sales Tax Phase III Fund — The Special Sales Tax Phase III Fund is a capital projects fund that accounts
for the receipts and disbursements of one percent (1%) sales tax currently collected from 1996 through 2000. The
primary revenue sources are sales taxes, and the primary expenditures are capital outlay projects, primarily for the
public works, recreation and outside agency projects.
Special Sales Tax Phase VI Fund — This fund is a capital projects fund that accounts for the receipts and
disbursements of the one percent (1%) sales tax approved by the taxpayers on June 16, 2009. Collections are
projected to start January 1, 2011. In 2009 the City of Augusta bonded $30.5 million of the estimated 184.7
million SPLOST. The revenue sources are sales tax and earned interest and expenditures will be primarily for the
following: $10 million dollars was returned to the general fund as a reimbursement for the one time use of general
fund balance for the purchase and demolition of the Gilbert Manor Housing projects by the Medical College of
Georgia for the expansion of MCG's dental school, $18 million for renovations to the municipal building, $17
million to replace emergency services vehicles and 10.9 million to parks and recreation. Of the estimated $184.7
million dollars, $124 million will go towards infrastructure and $60.7 million will go towards non infrastructure
projects.
Coliseum and TEE Center Capital Projects — This fund is a capital projects fund that accounts for the costs of
acquiring, constructing, and installing certain capital improvements to the existing multi-use coliseum and civic
center type facility, known as the Augusta Entertainment Center Complex, a portion of the costs of acquiring,
constructing, and installing a new multi-use coliseum and civic center type facility, to be known as the "Augusta
Trade, Exhibition, and Event Center" (TEE Center Project).
Permanent Fund
Perpetual Care II Fund - This fund accounts for the principal originally donated for the sale of perpetual care
contracts at government-owned cemeteries after October 1, 1970. The principal must be maintained intact and
invested.
The Government reports the following major enterprise funds:
Water and Sewer System Fund — This fund is used to account for the activity of providing water and sewer
services to the residents of the County. All activities necessary to provide such services are accounted for in this
fund, including, but not limited to, operations, maintenance, financing and related debt service, and billing and
collection.
Augusta Regional Airport at Bush Field Fund - This fund accounts for the operations of Augusta Regional
Airport at Bush Field, the only airport within the County from which service from the majar airlines is available.
The Government reports the following nonmajar enterprise funds:
Waste Management Fund - This fund accounts for the provision of landfill services to residents and industries of
the County. All activities necessary to provide such services are accounted for in this fund including, but not
limited to, administration, operations, billing and collection.
Municipal Golf Course Fund - This fund accounts for the operation of the Municipal Golf Course, an 18-hole
golf course located within the city limits.
47
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 1- Summary of significant accounting policies (Continued)
Transit Fund - This fund accounts for the operations of the Augusta Public Transit which provides scheduled bus
service within Richmond and Columbia counties.
Daniel Field Airport Fund - This fund accounts for revenue and expenses related to Daniel Field Airport.
Garbage Collection Fund - This fund accounts for receipt and expenses related to the Government's garbage
collection contract.
The Government also reports the following internal service funds:
Risk Management Fund — This fund accounts for the receipt and disbursement of settlement exposure and
damage expense claims, commercial insurance premiums and bond on certain employees and elected officials.
Fleet Operations Fund — This fund accounts for the operation and maintenance of County vehicles. The Fund
bills other County funds at amounts that will approximately recover all the cost of the services provided.
Workers' Compensation Fund — This fund accounts for the receipt and disbursement of self-insured workers'
compensation claims.
Employee Health Benefits Fund — This fund accounts for the receipt and disbursement of self-insured employee
group health insurance claims.
Unemployment Fund — This fund accounts for the receipt and disbursement of unemployment benefits.
Long-term Disability Insurance Fund — This fund accounts for the receipt and disbursement of long-term
disability claims.
GMA Leases Fund — This fund accounts for the receipt and disbursement of the lease pool agreement with the
Georgia Municipal Association.
Additionally, the Government reports the following fund types:
Pension Trust Fund — The Government has pension trust funds that account for the GovernmenYs employees'
pension plans. The Government maintains the following pension trust funds: 1945 Pension Trust Fund, 1977
Pension Trust Fund, and the General Retirement Fund.
Private Purpose Trust Fund — The Government has a private-purpose trust fund that accounts for resources
legally held in trust to finance awards for children attending Joseph R. Lamar School. The principal amount of the
gift is to be maintained intact and invested. Investment earnings are used for the awards. The Government
maintains the foliowing private-purpose trust fund: Joseph R. Lamar Fund.
Agency Funds — Agency funds are custodial in nature and do not involve the measurement of operating results.
Agency funds are used to account for assets the Government holds on behalf of others. The Government
maintains the following agency funds: Tax Commissioner, which accounts for taac billings, collections and
remittances made by the Tax Commissioner on behalf of the CounTy and other governmental agencies; Probate
judge, which accounts for the receipt and disbursement of licenses and other fees collected by the Probate Judge•,
Sheriff's Department, which accounts for the receipt and disbursement of funds collected by the department from
individuals posting bond; Civil Court, which accounts for the receipt and disbursement of court-ordered fines, fees
and garnishments made on behalf of third parties; and Clerk of Court, which accounts for the receipt and
disbursement of court-ordered fines and fees made on behalf of third parties and traffic violation fines.
48
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 1- Summary of signiCcant accounting policies (Continued)
C. Measurement focus and basis of accounting
Government-wide, Proprietary and Fiduciary Fund Financial Statements — The government-wide, proprietary fund and
fiduciary financial statements are reported using the economic resources measurement focus, except for agency funds
which have no measurement focus. The government-wide, proprietary fund and fiduciary financial statements are
reported using the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded at the
time liabilities are incurred, regardless of when the related cash flows take place. Nonexchange transactions, in which
the Government gives (or receives) value without directly receiving (or giving) equal value in exchange, include
property taaces, grants, and donations. On an accrual basis, revenue from property taxes is recognized in the fiscal year
for which the taxes are levied. Revenue from grants and donations is recognized in the fiscal year in which all eligibility
reyuirements have been satisfied.
Amounts reported as program revenues include 1) charges to customers or applicants for goods, services, or privileges
provided, 2) operating grants and contributions, and 3) capital grants and contributions, including special assessments.
Internally dedicated resources are reported as general revenues rather than as program revenues. Likewise, general
revenues include all taxes.
Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and
expenses generally result from providing services and producing and delivering goods in connection with a proprietary
fund's principal ongoing operations. The principal operating revenues of the Government enterprise funds are charges
to customers for sales and services. The Government also recognizes as operating revenue the portion of tap fees
intended to recover the cost of connecting new customers to the system. Operating expenses for enterprise funds
include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and
expenses not meeting this definition are reported as nonoperating revenues and expenses.
Governmental Fund Financial Statements — Governmental funds are reported using the current financial resources
measurement focus and the modified accrual basis of accounting. Under this method, revenues are recognized when
measurable and available. "Measurable" means the amount of the transaction can be determined and "available" means
collectible within the current period. The Government considers all revenues available if they are collected within 60
days after year-end. Expenditures are recorded when the related fund liability is incurred, expect for principal and
interest on general long-term debt, claims and judgments, and compensated absences, which are recognized as
expenditures to the extent they have matured. General capital asset acquisitions are reported as expenditures in
governmental funds. Proceeds of general long-term debt and acquisitions under capital leases are reported as other
financing sources.
Those revenues susceptible to accrual are property taxes, licenses, interest revenues and charges for services. State-
shared revenues collected and held by the state at year-end on behalf of the Government also are recognized as revenue.
Fines, fees and permits are not susceptible to accrual because generally they are not measurable until received in cash.
Grant revenues which are unearned at year-end are recorded as unearned revenues. Under the terms of grant
agreements, the Government funds certain programs by a combination of specific cost-reimbursement grants,
categorical block grants, and general revenues. Thus, when program expenses are incurred, there are both restricted and
unrestricted net assets available to finance the program. It is the Government's policy to first apply cost-reimbursement
grant resources to such programs, followed by categorical block grants, and then by general revenues.
D. Budgets and budgetary accounting
The Government generally follows these procedures in establishing the budgetary data reflected in the financial
statements:
1. Budgetary hearings are held in August to discuss departmental budgets.
2. The Administrator presents the tentative budget to the Commission in October.
3. The permanent budget is legally adopted by the Commission prior to the start of the next fiscal year.
49
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 1- Summary of significant accounting policies (Continued)
4. All budget revisions or changes must be approved as required by Georgia law and administrative policy. Transfer
of budgeted amounts within operating categories within departments can be requested by department directors.
Transfer of budget amounts involving capital outlay or salaries require approval of the Augusta-Richmond County
Commission. The Augusta-Richmond County Commission must approve revisions that alter the total
expenditures of any department or fund. Budgets for capital items may be reappropriated in the ensuing year's
budget. Departments may request for other budget items to be reappropriated in the form of a budget adjustment,
contingent of the Commission's approval.
5. Formal budgetary integration is employed as a management control device during the year for the General, Special
Revenue, Debt Service and Capital Projects Funds.
6. Budgets for these funds are adopted on a basis consistent with accounting principles generally accepted in the
United States of America (GAAP).
Budget information for expenditures represents the operating budget (as amended) as approved by the Augusta-
Richmond County Commission.
E. Encumbrances
Encumbrance accounting, under which purchase orders, contracts, and other commitments for the expenditure of
monies are recorded in order to reserve that portion of the applicable appropriation, is employed as an extension of
formal budgetary integration for the General Fund, Special Revenue Funds, Debt Service and Capital Projects Funds.
Encumbrances are recorded when purchase orders are issued but are not considered expenditures until liabilities for
payments are incurred. Encumbrances for outstanding purchase orders do not lapse at year end. Therefore, they are
reported as reservations of fund balance.
F. Cash and cash equivalents
The Government maintains a cash and investment pool in which the General Fund and all funds share. Each fund's
portion of the pool is displayed on its respective balance sheet as cash and cash equivalents and includes non-pooled
cash and investments separately held. Funds which have an excess of outstanding checks over bank balance have had
these balances reclassified as a due to the General Fund for purposes of financial statement presentation. Interest
income is allocated to each fund monthly based on its average monthly balance.
Far the purposes of financial statement presentation, the Government considers all highly liyuid investments with an
original maturity of three months or less, or with insignificant early withdrawal penalties, to be cash equivalents.
Exceptions include the GovernmenYs pension plans which classify only cash as cash equivalents in order to
appropriately report investment activity. Cash equivalents include amounts in certificates of deposit, repurchase
agreements, and U.S. Treasury bills, and are stated at cost which approximates market. All deposits are stated at cost
plus accrued interest, which reasonably estimates fair value.
The State statutes authorize the Government to invest in obligations of the United States government and agencies
thereof, general obligations of the State of Georgia or any of its political subdivisions, or banks and savings and loan
associations to the e�ent that they are secured by the Federal Deposit Insurance Corporation.
G. Investments
Investments are reported at fair value. Fair value is determined as follows: short-term investments are reported at cost,
which approximates fair value; securities traded on national exchanges are valued at current prices or current prices of
similar securities; securities for which an established market does not exist are reported at estimated fair value using
selling prices for similar investments for which there is an active market; fair value of real estate is based on appraised
values.
H. Inventories and prepaid expenses
Inventories in the governmental funds are valued at cost using the first-in, first-out method. Inventories in the
proprietary funds are valued at the lower of cost (first-in, first-out) or market. The costs of governmental fund-type
inventories and prepaid expenses are recorded as expenditures when consumed rather than when purchased. Reported
inventories and prepaid expenses are equally offset by a fund balance reserve which indicates that they do not
constitute "available spendable resources".
50
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 1- Summary of significant accounting policies (Continued)
I. Interfund receivables/payable and Internal Balances
During the course of operations, numerous transactions occur between individual funds for goods provided or services
rendered. These receivables and payables are classified as "due from other funds" or "due to other funds" on the
balance sheet of the fund financial statements and as "internal balances" on the statement of net assets in the
government-wide financial statements.
J. Bond discounts and issuance costs
Bond discounts and issuance costs for proprietary funds are deferred and amortized over the term of the bonds using
the effective-interest method. Bond discounts are presented as a reduction of the face amount of bonds payable,
whereas issuance costs are recorded as deferred charges.
K. Restricted asset
Certain assets of the Debt Service Fund and Enterprise Funds are classified as restricted assets on the balance sheet
because their use is limited by applicable debt covenants.
L. Capital assets
Capital assets are defined by the government as assets with an initial, individual cost of more than a certain cost and an
estimated useful life in excess of one year. Minimum capitalization costs are $5,000 for all categories of capital assets.
Purchased or constructed capital assets are reported at cost or estimated historical cost. Donated capital assets
are recorded at their estimated fair value at the date of donation. General infrastructure assets acquired prior
to 7anuary 1, 2001, consist of the streets network that were acquired or that received substantial improvements
subsequent to January 1, 1980. The streets network is reported at estimated historical cost using deflated replacement
cost. The cost of normal maintenance and repairs that do not add to the value of the asset or materially extend assets'
lives are not capitalized.
Depreciation is computed using the straight-line method. A summary of the estimated useful lives is as follows:
Vehicles 5 years
Furniture and fixtures 7 years
Machinery and equipment 10 years
Buildings and improvements 30 years
Water and Sewer systems 30 - 70 years
Infrastructure 30 years
M. Compensated absences
The vacation policy of the Government provides for the accumulation of up to thirty days earned vacation leave with
such leave being fully vested when earned. For the Government's government-wide financial statements and
proprietary fund financial statements, an expense and a liability for compensated absences and the salary-related
payments are recorded as leave is earned. The Government has assumed a first-in, first-out method of using
accumulated compensated time. The portion of that time that is estimated to be used in the ne� fiscal year has been
designated as a current liability in the government-wide financial statements.
No accrual has been established for accumulated sick leave of employees since it is the Government's policy to record
the cost of sick leave only when it is used.
N. Use of estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United
States of America requires management to make estimates and assumptions that affect the reported amounts of assets
and liabilities and the reported amount of revenues and expenditures/expenses during the reporting period. Actual
results could differ from those estimates.
O. Reclassification
Certain 2009 amounts have been reclassified to conform to the 2010 financial statement presentation.
51
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 2- Stewardship, compliance and accountability
A. Excess of expenditures over appropriations
Expenditures Variance
Budget Actual (Negative)
Nonmajor Governmental Funds
Urban Services District Fund
General government $ 1,439,120 $ 1,502,226 $ (63,106)
Public works 434,140 447,350 (13,210)
Capital Outlay Fund
Judicial 2,600 2,621 (21)
Urban Development Action Grant Fund
Housing and development 11,800 23,116 (11,316)
5% Victim's Crime Assistance Fund
Judicial 300,750 325,581 (24,831)
Urban Redevelopment Projects
Debt service 0 7,523 (7,523)
B. Fund Balance or Net Assets
Following is a detail of funds with deficit fund balances or net assets. The Government plans to fund the deficits
through the general operations of the Government.
Nonmajor Governmental Funds
Hotel/Motel Tax and Promotion/Tourism $ (1)
Housing and Neighborhood Development (121,341)
Urban Redevelopment Projects (7,523)
Internal Service Funds
Fleet Operations (127,121)
GMA Leases (31,800)
Note 3— Detailed notes on all funds
A. Deposits and investments
Primar�government
Deposits:
Custodial Credit Risk for deposits is the risk that, in the event of bank failure, a government's deposits may not be
returned to it. At December 31, 2010 approximately $278,400,000 of the Government's approximate $288,500,000
bank balance was uninsured. Of these uninsured deposits, none were collateralized with securities held by the financial
institution's trust department or agent in the GovernmenYs name, approximately $240,100,000 were collateralized with
securities held by the financial institution, by its trust department or agency, but not in the GovernmenYs name, and
approximately $38,300,000 were uncollateralized.
Investments:
Primary Government (Other than Pension Trust Funds)
The investment policy of the Government is consistent with the State of Georgia's policy, which is to maximize the
protection of State funds on deposit while accruing an advantageous yield on those funds in excess of those required
for cunent operating expenses (Official Code of Georgia Annotated [OCGA] 50-17-51).
52
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3— Detailed notes on all funds (continued)
Authorized pool investments are limited to the following in accordance with State statutes:
1) Obligations of the State of Georgia or of other states;
2) Obligations issued by the United States government;
3) Obligations fully insured or guaranteed by the United States government or a United States government agency;
4) Obligations of any corporation of the United States government;
5) Prime banker's acceptances;
6) Repurchase Agreements;
7) Obligations of other political subdivisions of the State; and
8) Commercial paper issued by domestic corporations.
Authorized investments are subject to certain restrictions.
Pooled cash and cash equivalents and investments are grouped into portfolios for investment purposes according to the
operating needs of the State of Georgia and other pool contributors.
Pension Trust Funds
In accordance with Official Code of Georgia Annotated Public Retirement System Investment Authority Law, Public
Retirement Systems may invest in the following:
1) United States or Canadian corporations or their obligations with limits as to the corporations' size and credit
rating.
2) Repurchase and reverse repurchase agreements for direct obligations of the United States government and for
obligations unconditionally guaranteed by agencies.
3) FDIC insured cash assets or deposits.
4) Bonds, notes, warrants, loans or other debt issued or guaranteed by the United States government.
5) Taxable bonds, notes warrants or other securities issued and guaranteed by any state, the District of Columbia,
Canada or any province in Canada.
6) Bonds, debentures or other securities issued or insured or guaranteed by an agency, authority, unit, or corporate
body created by the government of the United States of America.
7) Investment grade collateralized mortgage obligations.
8) Obligations issued, assumed or guaranteed by the International Bank for Reconstruction and Development or the
International Financial Corpararion.
9) Bonds, debentures, notes and other evidence of indebtedness issued, assumed, or guaranteed by any solvent
institution existing under the laws of the United States of America or of Canada, or any state or province thereof,
which are not in default and are secured to a certain level.
10) Secured and unsecured obligations issued by any solvent institution existing under the laws of the United States of
America or of Canada, or any state or province thereof, bearing interest at a fixed rate, with mandatory principal
and interest due at a specified time with additional limits.
11) Equipment trust obligations or interests in transportation equipment, wholly or in part within the United States of
America, and the right to receive determinated portions or related income.
12) Loans that are secured by pledge or securities eligible for investment.
13) Purchase money mortgages or like securities received upon the sale or exchange of real property acquired.
14) Secured mortgages or mortgage participation, pass-through, conventional pass-through, trust certificate, or other
similar securities with restrictions.
15) Land and buildings on such land used or acquired for use as a fund's office for the convenient transaction of its
own business with restrictions.
16) Real property and equipment acquired under various circumstances.
In addition, large retirement systems have restrictions as to the concentration of investments in corporations and
equities and additional stipulations exist related to decreases in a fund's asset value.
At December 31, 2010, the Government had two outstanding repurchase agreements. One agreement was to resell
$11,933,373 of U.S. Government securities with a fair value of $11,933,373. The agreement yield is zero percent and
53
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3— Detailed notes on all funds (continued)
matures June 1, 2028. The other agreement was to resell $1,576,512 of U.S. Government securities with a fair value of
$1,576,512. The ageement yield is 5.63% and matures June 1, 2028.
As of December 31, 2010 the investments of the Government were:
Type of Investment Fair Value 4-12 Months 1— 5 Years 6— 10 Years Greater than 10
Years
U.S. Government securities $ 12,136,836 $ 3,317,465 $ 8,282,738 $ 400,295 136,338
Corporate securities 6,054,555 208,097 5,846,458 - -
$ 3,525,562 $ 14,129,196 $ 400,295 136,338
Equity securities a1,539,691
Georgia Fund 1 78,907,972
Georgia Bxtended Asset Pool 12,832,570
Total investments $ 151,471,624
The exposure of the GovernmenYs debt securities to credit quality risk is indicated below (as rated by Standard &
Poor's):
Type of investment Fair Value AAA AA AA- A+ A BBB+
U.S.Govemmentsecurities $ 12,136,836 $ _ $ - $ - $ - � - $ -
Corporate securities 6,054,555 634,039 324,042 667,806 1,507,027 2,921,642 -
$ 18,191,391 $ 634,039 $ 324,042 $ 667,806 $ 1,507,027 $ 2,921,642 $
Additionally, as of December 31, 2010, the Government has money market funds in the amount of $1,562,871 and
$38,175,931 included in cash and temporary inveshnents and restricted cash and investments, respectively, on the
Statement of Net Assets. The Government money market funds in the amount of $3,897,004 are included in cash and
cash equivalents on the Statement of Fiduciary Net Assets. The balance of these money market funds was categorized
as follows as of December 31, 2010:
Average Fair Maturity Period
Type of Investment Credit Rating Value Less than 1 Year
Money market funds AAAm $ 37,752,923 $ 37,752,923
Money marketfunds Notrated 5,882,884 5,882,884
The local government investment pool "Georgia Fund 1", created by O.C.G.A. §36-83-8, is a stable net asset value
investment pool. Georgia Fund 1 operates in a manner consistent with Rule 2a-7 of the Investment Company Act of
1940 and is considered to be a 2a-7 like pool. The pool is not registered with the SEC as an investment company; the
regulatory oversight of the pool is assigned to the State of Georgia's Office of Treasury and Fiscal Services.
The pool's primary objectives are safety of capital, investment income, liquidity and diversification while maintaining
principal ($1.00 per share value). Net asset value is calculated weekly to ensure stability. The pool distributes
earnings (net of management fees) on a monthly basis and determines participant's shares sold and redeemed based on
$1.00 per share. As a public fund, Georgia Fund 1 is exempt from any disclosure of custodial credit risk.
The Georgia Extended Asset Pool (GEAP) is offered by the State of Georgia to counties, municipalities, public
colleges and universities, board of education, special districts, state agencies, and other authorized entities as an
alternative to Georgia Fund I. A primary objective of GEAP is the prudent management of public funds on behalf of
state and local governments. GEAP was designed for those investors seeking taxable income higher than money
market rates and willing to accept price fluctuations.
Deposit and investment transactions are subject to a variety of risks. The Government's adopted investment policies
seek to promote the safety of principal, provide adequate IiyuidiTy far operation needs, earn market rates of return on
investments consistent with liquidity needs and investment quality, and conform with legal requirements.
54
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3— Detailed notes on all funds (continued)
Interest rate risk is the risk that changes in interest rates will adversely affect the value of an investment. The
Government's investment policy states that the Government will structure its portfolio to meet cash requirements for
ongoing operations, thereby avoiding the need to sell securities prior to their maturity. The policy also emphasizes the
purchase of shorter term or more liquid investment. The policy does not place formal limits on investment maturities.
The Georgia Fund 1 has an interest rate risk of 24 day weighted average maturity.
Credit risk is the risk that an issuer or counterparty to an investment will not fulfill its obligations. The Government's
investment policy seeks to minimize credit risk through diversification of investments within the choices allowed under
state statutes. Investments in all corporate securities are limited to investment grade or higher as rated by a nationally
recognized rating agency.
All of the Government's investments in U.S. Government securities carry the explicit guarantee of the U.S.
government. U.S. Agency securities underlie the repurchase agreements.
Concentration of credit risk is the risk of loss attributed to the magnitude of an investment in a single issuer.
Disclosures are required for any issuer that represents 5% or more of total investments, exclusive of mutual funds,
external investment pools and investments issued or guaranteed by the U.S. government. No single issuer represented
more than 5% of the total portfolio. The Government does not have a formally adopted policy for managing
concentration of credit risk.
There are no limits on fixed income securities issued directly by the U.S. government or any agency thereof.
Deposits and investments are reconciled between the financial statements and note disclosure as follows:
Basic financial statements:
Cash and temporary investments $ 231,729,484
Restricted cash and investments 159,836,706
Pension and agency funds 76,093,925
Total $ 467,660,ll5
Notes to the financial statements: �
Cash on hand $ 27,485
Deposits 316,161,006
Investments 151,471,624
Total $ 467,660,115
Denartment of Health
At June 30, 2010, all of the Department of Health's deposits were either secured by Federal Depository Insurance
Corporation (FDIC) ar by collateral held by the agent in the GovernmenYs name.
Urban Redevelopment Authoritv
At December 31, 2010, all of the Urban Redevelopment Authority's deposits were either secured by Federal
Depository Insurance Corporation (FDIC) or by collateral held by the agent in the Government's name.
A�u.,usta-Richmond Countv Coliseum Authority
At June 30, 2010, the bank balance totaled $2,249,276. Of the total bank balance, $888,430 was insured or
collateralized with securities held by the Authority of by its agent in the Authority's name. $1,360,846 was
collateralized with securities held by piedging financial institution's trust department or agent in the Authority's name.
Au�usta Canal Authority
At December 31, 2010, the bank balance totaled $2,712,246. Of the total bank balance, $500,000 was insured through
the Federal Depository Insurance Corporation (FDIC). $2,178,052 was collateralized with pooled securities held by
the financial institutions' trust departments. These securities are held in the name of the financial institution and not
that of the Authority. The remaining $34,193 was uncollateralized.
55
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
Downtown Development Authority
At December 31, 2010, all of the Downtown Development Authority's deposits were secured by the Federal
Depository Insurance Corporation (FDIC).
B. Receivables
Property taxes are administered on a calendar year basis subject to the following dates:
Lien date January 1
Levy date August 9
Collection period September 10 - November 15
Due date November 15
Receivables at December 31, 2010, including the applicable allowances for uncollectible accounts, consist of the
following:
Special Special
Fire Sales Tax Sales TaY Water and
General Protection Phase IV Phase V Sewer
Receivables:
Ta�ces $ 4,182,934 $ 578,399 $ - $ - $ -
Accounts 8,697,216 - 11,868 3,582,769 19,171,394
Interest - - - 265,204 6,542
Note - - - - -
tntergovernmental - - - - -
Gross receivables 12,880,150 578,394 11,868 3,847,973 19,177,936
Less: allowance for
uncollectibles (830,668) (81,414) - - (654,544)
Net total receivables $ 12,049,482 $ 496,985 $ l 1,868 $ 3,847,973 $ 18,523,392
Nonmajor Nonmajor
Bush Governmental Enterprise Adjustments to Statement of
Field Funds Funds Total Full Accrual Net Assets
Receivables (Cont.):
Ta�ces $ - $ 1,650,965 $ - $ 6,412,298 $ - $ 6,412,298
Accounts 415,520 2,502,728 6,255,399 40,636,894 3,637,402 44,274,296
Interest - - 583 272,329 - 272,329
Note - 3,423,378 - 3,423,378 - 3,423,378
Intergovemmental 202,603 - - 202,603 - 202,603
Gross receivables 618,123 7,577,071 6,255,982 50,947,502 3,637,402 54,584,904
Less: allowance for
uncollectibles (39,839) (268,389) (452,046) (2,326,900) - (2,326,900)
Net total receivables $ 578,284 $ 7,308,682 $ 5,803,936 $ 48,620,602 $ 3,637,402 $ 52,258,004
Adjustments to full accrual relate to internal service funds. Internal service funds predominately serve the
governmental funds. Accordingly, the internal service funds receivables balances are included in governmental
activities on the accompanying government-wide financial statement.
For the above-mentioned long-term notes receivable, the bank maintains records that are not recorded in the
governmental fund financial statements. These loans represent funds received through HLJD's Housing Rehabilitation
Program. The Housing Rehabilitation Program is designed to fund improvements to homes owned and occupied by
persons in low to moderate-income ranges. In 1993, loans were also made to owners of rental units under a deferred
loan arrangement as part of the Housing Rehabilitation Program. Loans made for these projects vary as to amounts and
interest rates based on the level of income of the owner/occupiers. In the governmental fund financial statements,
repayments of these loans are recorded as other revenue in the Housing and Neighborhood Development Fund, a
nonmajor special revenue fund.
56
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3— Detailed notes on all funds (continued)
Finally, the Fiduciary fund financial statements include $21,274,839 in taxes receivable recorded in agency funds.
This amount is excluded from the foregoing schedule and represents the amount of receivables billed on behalf of other
governments in an agency relationship. Also, included in the Fiduciary fund flnancial statements and excluded from
the foregoing schedule are interest receivable totaling $233,251 �and accounts receivable totaling $1,608,547 the
pension trust fund.
In a prior year, the former City of Augusta entered into an agreement with the Georgia Housing and Finance Authority
(GHFA) to aid in the administration of Federal funds granted through the State for HUD's Rental Rehabilitation
Program. The Government acts only in an administrative capacity and does not directly receive or disburse any funds
related to this project. Therefore, the receipts, disbursements and related notes receivable far the GRFA program have
not been included in the financial statements.
C. Capital assets
A summary of changes in capital assets is as follows:
Governmental Activities
December 31, December 31,
2009 Additions Disposals 2010
Capital assets, not being depreciated
Land $ 21,157,064 $ 175,000 $ - $ 21,332,064
Construction in process 140,128,093 80,410,124 (8,870,121) 211,668,096
Total capital assets not being depreciated 161,285,157 80,585,124 (8,870,121) 233,000,160
Capital assets being depreciated:
Land and Site Improvements 11,680,812 1,422,127 � - 13,102,939
Buildings 83,230,434 1,900,392 (39,940) 85,090,886
Building improvements 21,469,004 2,322,489 - 23,791,493
Vehicles 36,293,199 2,502,504 (1,112,109) 37,683,594
Machinery and equipment 16,195,782 751,035 (34,532) 16,912,285
IT—hardware 3,996,550 204,553 - 4,201,103
IT — software 3,266,722 132,923 (11,018) 3,388,627
Furniture and fixtures 1,962,107 - (28,090) 1,934,017
Other capital 20,980 27,295 - 48,275
Infrastructure 103,762,769 87,400 - 103,850,169
Richmond County Public Facilities 12,655,483 - - 12,655,483
Total capital assets being depreciated 294,533,842 9,350,718 (1,225,689) 302,658,871
Less accumulated depreciation for:
Land and site improvements (3,696,134) (593,455) - (4,289,589)
Buildings (33,016,725) (2,545,783) 39,940 (35,522,568)
Building improvements (4,399,553) (846,506) - (5,246,059)
Vehicles (28,635,947) (2,684,789) 1,106,979 (30,213,757)
Machinery and equipment (8,867,071) (1,160,198) 30,173 (9,997,096)
IT — hardware (3,485,254) (302,131) - (3,787,385)
IT — software (2,843,305) (222,036) 11,0] 8 (3,054,323)
Fumiture and fixtures (1,410,308) (114,383) 2$,040 (1,496,601)
� Othercapital (10,432) (7,67� - (18,108)
Infrastructure (23,268,841) (3,367,037) - (26,635,878)
Richmond County Public Facilities (10,546,236) - - (10,546,236)
Total accumulated depreciation (12Q179,806) (11,843,994) 1,216,200 (130,807,600)
Capital assets being depreciated, net 174,354,036 (2,493,276) (9,489) 171,851,271
Governmental activities capital assets, net $ 335,639,193 $ 78,091,848 $ (8,879,610) $ 404,851,431
57
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
Depreciation expense was charged to functions as follows:
Governmental activities
General government $ 815,883
Judicial 1,284,098
Public safety 3,421,034
Public works 4,225,364
Health and welfare 95,699
" Culture and Recreation 1,925,118
Housing and development 55,630
Fleet 19,446
Risk 1,722
$ 11,843,994
Balance Balance
December 31, December 31,
2009 Additions Disposals 2010
Business-tvpe activities
Capital assets, not being depreciated
Land $ 18,390,781 $ 422,488 $ - $ 18,813,269
Construction in process 124,583,413 9,863,173 (83,144,187) 51,302,399
Total capital assets not being depreciated 142,974,194 10,285,661 (83,144,187) 70,115,668
Capital assets being depreciated:
Site improvements 5,813,471 - - 5,813,471
Building improvements 1,854,648 255,392 - 2,110,040
Landfill Cell IIC 9,399,876 - - 9,399,876
Landfill Cell IIIC 5,616,841 - - 5,616,841
Buildings 82,609,012 646,236 - 83,255,248
Vehicles 16,541,377 2,024,024 (121,768) 18,443,633
Machinery and equipment 26,125,503 1,477,177 (325,556) 27,277,124
Fuiniture and fixtures 1,148,211 73,465 - 1,221,676
Other capital 6,377,033 212,237 - 6,589,270
Water and sewerage systems 592,073,141 119,365,428 - 711,438,569
Contributed water and sewerage systems 10,563,423 - - 10,563,423
Infrastructure 26,777,737 - - 26,777,737
Information tech — hardware 268,113 19,563 - 287,676
Information tech — software 518,855 41,033 - 559,888
Total capital assets being depreciated 785,687,241 124,114,555 (447,324) 909,354,472
Less accumulated depreciation for:
Site improvements (3,020;932) (330,666) - (3,351,598)
Building improvements (1,289,849) (54,925) - (1,344,774)
Landfill Cell IIC (9,399,876) - - (9,399,876)
Landfill Cell IIIC (1,154,573) (374,456) - (1,529,029)
Buildings � (37,101,658) (2,312,407) - (39,414,065)
Vehicles (12,600,702) (1,351,095) 121,768 (13,830,029)
Machinery and equipment (13,338,560) (2,365,938) 183,435 (15,521,063)
Furniture and fixtures (859,254) (8],069) - (940,323)
Other capital (5,598,165) (385,896) - (5,984,061)
Water and sewerage systems (144,931,889) (19,376,460) - (164,308,349)
Contributed water and sewerage systems (7,672,381) (251,979) - (7,924,360)
Infrastructure (14,756,382) (706,570) - (15,462,952)
Information tech — hardware (151,445) (43,053) - (194,498)
Informarion tech — software (512,106) (2,886) - (514,992)
Total accumulated depreciation (252,387,772) (27,637,400) 305,203 (279,719,969)
Total capital assets being depreciated, net 533,299,469 96,477,155 (142,121) 629,634,503
Business-type activities capital assets, net $ 676,273,663 $ 106,762,816 $(83,286,308) $ 699,750,171
58
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
Depreciation expense was charged to enterprise funds as follows:
Water and Sewer $ 22,791,230
Augusta Regional Airport 2,181,240
Waste management and garbage collection 1,950,664
Transit 597,252
Daniel Field Airport 84,504
Municipal golf course 32,510
$ 27,637,400
Construction costs include, among other things, capitalized interest costs. Capitalized net interest costs were approximately
$1,800,000 for the year ended December 31, 2010.
Department of Health
Capital asset activity for the Department of Health for the year ended June 30, 2010 was as follows:
June 30, 2009 Additions Disposals June 30, 2010
Capital assets, not being depreciated
Land $ 1,947,997 $ - $ $ 1,947,997
Other capital assets:
Buildings 9,846,066 - - 9,846,066
Improvements 556,193 - - 556,193
Equipment 708,182 - - 708,182
Vehicles 152,393 - - 152,393
11,262,834 - - 11,262,834
Less accumulated depreciation for:
Buildings (2,251,893) (251,255) - (2,503,148)
Improvements (410,194) (27,810) - (438,004)
Equipment (262,622) (91,864) - (354,486)
Vehicles (99,889) (11,839) - (111,728)
Total accumulated depreciation (3,024,598) (382,768) - (3,407,366)
Other capital assets, net 8,238,236 (382,768) - 7,855,468
Governmental activities capital assets, net $ 10,186,233 $ (382,768) $ - $ 9,803,465
59
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
Aueusta Canal Authoritv
Capital asset activity for the Augusta Canal Authority for the year ended December 31, 2010 was as follows:
December 31, December 31,
2009 Additions Deletions 2010
Capital assets not being depreciated:
Land $ 467,000 $ 191,643 $ - $ 658,643
Construction in process 205,014 152,709 (188,540) 169,183
Total capital assets not being depreciated 672,014 344,352 (188,540) 827,826
Capital assets being depreciated: �
Buildings - 936,783 - 936,783
Leasehold improvements 3,968,156 - - 3,968,156
Boats 697,071 - - 697,071
Vehicles 24,621 - - 24,621
Machinery and equipment 19,575 - - 19,575
Computer equipment 18,649 - - 18,649
Office equipment 4,601 - - 4,601
Furniture and fixtures 32,676 - - 32,676
Infrastructure 10,197,044 - - 10,197,044
Total capital assets being depreciated 14,962,393 936,783 - 15,899,176
Less accumulated depreciation for:
Buildings - (8,985) - (8,985)
Leasehold improvements (975,402) (147,082) - (1,122,484)
Boats (168,459) (27,883) - (196,342)
Vehicles (18,849) (2,676) - (21,525)
Machinery and equipment (15,137) (2,346) - (17,483)
Computer equipment (16,980) (578) - (17,558)
Office equipment (4,508) (94) - (4,602)
Furniture and fixtures (24,115) (2,509) - (26,624)
Infrastructure (771,048) (250,647) - (1,021,695)
Total accumulated depreciation (1,994,498) (442,800) - (2,437,298)
Total capital assets being depreciated - net 12,967,895 493,983 - 13,461,878
Governmental activities capital assets, net $ 13,639,909 $ 838,335 $ (188,540) $ 14,289,704
Depreciation expense for the year ended December 31, 2010 was $442,800.
Downtown Development Authoritv
Capital asset activity for the year ended December 31, 2010 was as follows:
December 31, December 31,
2009 Additions Deletions 2010
Capital assets:
Port Royal parking deck $ 2,600,000 $ -$ - $ 2,600,000
Riverfront parking deck 3,816,000 - - 3,816,000
Clock 41,393 - - 41,393
Furniture and equipment 7,920 - - 7,920
Total capital assets 6,465,313 - - 6,465,313
Less accumulated depreciation for:
Port Royal parking deck (1,300,000) (65,000) - (1,365,000)
Riverfront parking deck (1,812,600) (95,400) - (1,908,000)
Clock (23,988) (4,139) - (28,127)
Furniture and equipment (5,555) (1,131) - (6,686)
Total accumulated depreciation (3,142,143) (165,670) - (3,307,813)
Capital assets, net $ 3,323,170 $ (165,670) $ - $ 3,157,500
60
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
Depreciation expense for the year ended December 31, 2010 was $165,670.
The Downtown Development Authority (the "Authority") owns additional properties which were contributed in prior
years. The Authority did not obtain valuations of the properties at the date of contribution and records are not available
to reflect the correct fair market value of the properties on the date contributed. Therefore, the Autharity's financial
statements do not reflect the value of these properties. If the property values were attainable, the net assets of the
Authority would increase by the respective property values. The assets that are excluded from the financial statements
are as follows:
Date Properiy was Transferred Property Description
October 18, 1993 18 Eighth Street, Augusta, GA
Apri127, 1994 1 Fifth Street, Augusta, GA
November 12, 1999 1 James Brown Blvd., Augusta, GA
December 20, 1999 925 Reynolds Street, Augusta, GA
April 11, 2000 3 Eighth Street, Augusta, GA
Coliseum Authoritv
Capital asset activity for the Coliseum Authority for the year ended June 30, 2010 was as follows:
June 30, June 30,
2009 Additions Deletions 2010
Capital assets not being depreciated:
Land $ 1,674,426 $ - $ - $ 1,674,426
Construction in process 50,306 3,858 (54,164) -
Total capital assets not being depreciated 1,724,732 3,858 (54,164) 1,674,426
Capital assets being depreciated:
Buildings and facilities 25,794,078 210,024 - 26,004,102
Machinery, equipment and other 1,780,351 731,772 - 1,912,123
Total capital assets being depreciated 27,574,429 341,796 - 27,916,225
Less accumulated depreciation for:
Buildings and facilities (15,667,898) (950,267) - (16,618,165)
Machinery, equipment and other (3,093,743) - - (3,093,743)
Total accumulated depreciation (18,761,641) (950,267) - (19,711,908)
Total capital assets being depreciated - net $ 10,537,520 $ (604,613) $ (54,164) $ 9,878,743
Depreciation expense for the year ended June 30, 2010 was $950,267.
D. Accounts payable and accrued liabilities
Payables for the Government at December 31, 2010 were as follows:
Governmental Enterprise Adjustments Statement of
Funds Funds Total To Full Accrual Net Assets
Payables:
Accounts payable $ 12,597,358 $ 8,713,676 $ 21,311,034 $ 778,298 $ 22,089,332
Accrued interest - 5,710,020 5,710,020 637,566 6,347,586
Accrued salaries and vacation 1,949,364 1,253,026 3,202.390 (844,903) 2,357,487
Other accrued liabilities 2,218,115 218,759 2,436,874 19,605,741 22,042,615
Total accounts payable and
accrued liabilities $ 16,764,837 $ 15,895,481 $ 32,660,318 $ 20,176,702 $ 52,837,020
61
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
Adjustments to full-accrual basis include $637,566 related to accrued interest on governmental long-term debt,
$19,569,950 to other liabilities related to unfunded health insurance contribution for retirees, $21,939 to other liabilities
related to unfunded annual pension cost, $(854,570) relating to the reclassification of accrued vacation from accrued
liabilities to liabilities due within one year, and account payable, other accrued liabilities and accrued salaries and
vacation of $7�8,298, $13,852 and $9,667, respectively, related to internal service funds. Internal service funds
predominately serve the governmental funds. Accordingly, the accounts payable and accrued liability balances for the
internal service funds are included in the governmental activities on the accompanying government-wide financial
statement.
E. Deferred/Unearned Revenues
The balance of defened revenues in the fund financial statements (includes both the deferred and unearned amounts
disclosed below) and unearned revenues in the government-wide financial statements at year-end is composed of the
following elements:
Deferred Unearned
Revenue Revenue
Taxes receivable net of allowance — General Fund $ 1,748,091 $ -
Taxes receivable net of allowance — Fire Protection Fund 257,152 -
Taxes receivable net of allowance — Nonmajor governmental funds 819,783 -
Grant income received in advance of being earned — General Fund - 28,616
Business license income received in advance of being earned — General Fund - 997,696
Housing and Development long-term notes receivable — Nonmajor governmental funds 3,376,256
$ 6,201,282 $ 1,026,312
F. Land611 closure and postclosure costs
State and Federal laws and regulations require the Government to place a final cover on its landfill when closed and
perform certain maintenance and monitoring functions at the landfill site for thirty years after closure. In addition to
operating expenses related to current activities of the landfill, an expense provision and related liability are being
recognized based on the future closure and postclosure care costs that will be incurred near or after the date the landfill
no longer accepts waste. The recognition of these landfill closure and postclosure care costs is based on the amount of
the landfill used during the year. The estimated liability for landfill closure and postclosure care costs has a balance of
� $16,245,410 as of December 31, 2010, which is based on 93.60% usage (filled) of Cell II C and 5.03% usage (filled)
of Cell III, which are operating currently, and 100% usage (filled) of Cells II A and II B. This liabiliry is recorded in
the Waste Management Enterprise Fund. It is estimated that an additional $11,523,413 be recognized as closure and
postclosure care expenses between the date of the statement of net assets and the date the landfills are expected to be
filled to capacity, which is in 2015 and 2165, respectively. The estimated total current cost of the landfill closure and
postclosure care, $27,768,823, is based on the amount that would be paid if all equipment, facilities, and services
required to close, monitor, and maintain the landfill were acquired as of December 31, 2010. However, the actual cost
of closure and postclosure care may be higher due to inflation, changes in technology, or changes in landfill laws and
regulations.
The Government expects to finance the costs for the estimated landfill closure and postclosure care costs as they
become due during the coming thirty years through the regular operations of the Government.
G. Long-term debt
Primary �overnment
1. Governmental activities
In a prior year, a portion of the Certificates of Participation (Series 1993) was defeased by the creation of an
irrevocable trust fund. Original proceeds remaining from the issue were used to purchase U.S. Government
securities that were placed in a trust fund. The investments and fixed earnings from the investment are sufficient to
62
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
fully service the defeased debt until the debt matures. For financial reporting purposes, the debt is considered
defeased and, therefore, not included as a liability in the government-wide financial statements Funds. As of
December 31, 2010 the amount of defeased debt outstanding but removed from the governmental debt is $475,000.
In 2007, the Housing and Neighborhood Development Section 108 loan was defeased by the creation of an
irrevocable trust fund. Funds received from repayment of a loan to a local hotel were used to purchase U.S.
Government securities that were placed in a trust fund. The investments and fixed earnings from the investment are
sufficient to fully service the defeased debt until the debt matures. For financial reporting purposes, the debt is
considered defeased and, therefore, not included as a liability in the government-wide financial statements Funds.
As of December 31, 2010, the amount of defeased debt outstanding but removed from the governmental debt is
$2,500,000.
General obligation bonds
$44,000,000 2006 sales tax bonds — due in annual installments of $8,125,000 to $9,505,000, plus
interest at 4% through December 2011. $ 9,505,000
$30,550,000 2009 sales tax bonds — due in annual installments of $5,000,000 to $11,800,000, plus
interest at 3% to 5% through October 2015. 30,550,000
$21,950,000 2010 sales tax bonds — due in periodic installments of $1,250,000 to $5,700,000, plus
interest at 2% to 4% through October of 2015. 21,950,000
Revenue bonds
$22,120,000 series 2010 revenue bonds — due in annual installments of $710,000 to $1,645,000,
plus interest at 2% to 5% through October 2030. 22,120,000
Total bonds payable 84,125,000
Add: Bond issue premiums 5,426,441
$ 89,551,441
Certificates of Participation
GMA Leases Fund:
$16,888,000 Certificates of Participation — principal due in a lump sum payment on June 1, 2028.
Interest only payments are due annually at a rate of 4.75%, through June 1, 2028.
Original issue amount $ 16,888,000
� Original issue discount (583,900)
� Total $ 16,604,100
General Obligation Bonds Revenue Bonds
Year ending
December 31 Principal Interest Principal Interest
2011 $ 19,505,000 $ 1,916,044 $ 710,000 $ 1,016,290
2012 - 1,411,000 800,000 926,325
2013 12,500,000 1,411,000 815,000 910,325
2014 12,500,000 1,036,000 850,000 889,950
2015 17,500,000 586,000 865,000 864,450
2016 — 2020 - - 4,745,000 3,888,950
2021 — 2025 - - 5,860,000 2,776,250
2026 — 2030 - - 7,475,000 1,157,500
$ 62,005,000 $ 6,360,044 $ 22,120,000 $ 12,430,040
63
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
Continued Certificates of Participation Total
Year ending
December 31 Principal Interest Principal Interest
2011 $ - $ 802,180 $ 20,215,000 $ 3,734,514
2012 - 802,180 800,000 3,139,505
2013 - 802,180 13,315,000 3,123,505
2014 - 802,180 13,350,000 2,728,130
2015 - 802,180 18,365,000 2,252,630
2016 — 2020 - 4,010,900 4,745,000 7,899,850
2021 —2025 - 4,010,900 5,860,000 6,787,150
2026 — 2030 16,888,000 1,938,602 24,363,000 3,096,102
$ 16,888,000 $ 13,971,302 $ 101,013,000 $ 32,761,386
Certificates of Participation
In June 1998, the Government entered into a lease pool agreement with the Georgia Municipal Association (the
"Association"). The funding of the lease pool was provided by the issuance of $150,126,000 Certificates of Participation
by the Association. The Association passed the net proceeds of $15,765,117 through to the participating municipalities
with the GovernmenYs participation totaling $16,888,000, net of original issue discount of $1,122,883. The lease pool
agreement with the Association provides that the Government owns their portion of the assets invested by the pool and is
responsible for the payment of their portion of the principal and interest of the Certificates of Participation. The principal
of $16,888,000 is due in a lump sum payment on June 1, 2028. Interest is payable at a rate of 4.75% each year. The
Government draws from the investment to lease eyuipment from the Association. The lease pool agreement requires the
Government to make lease payments back into its investment account to fund the principal and interest requirements of the
1998 GMA Certificates of Participation. Equipment in the amount of $1,896,551 was leased during 2010.
2. Business-type activities
Revenue bonds
Water and Sewer
$160,000,000 2004 Water and Sewer Bonds — due in interest only payments of $8,400,000 through
October 2032. Principal due in annual installments beginning October 2033 through October 2039.
From $19,500,000 to $26,510,000, plus interest of 5,25%. $ 160,000,000
$149,400,000 2002 Water and Sewer Bonds — due in annual installments of $235,000 to $20,610,000
starting October 2002 through October 2032, plus interest varying from 2.50% to 5.75% on
$57,840,000 serial bonds, with interest of 5.0% on $91,560,000 term bonds. 101,890,000
$97,080,000 2000 Water and Sewer Bonds — due in annual installments of $355,000 to $11,105,000,
plus interest at 4.4% to 5.25% through October 2030. 4,860,000
$177,010,000 2007 Water and Sewer Bonds — due in annual installments of $2,060,000 to
$12,260,000 plus interest at 4.0% to 5.0% through October 2030 (this liability is reflected in the
Water and Sewer Fund net of deferred refunding amount of $6,543,874). 171,384,999
Total 43 8,134,999
Less: Deferred refunding amounts (6,543,874)
Less: Bond issue discounts (738,853)
Add: Bond issue premiums 14,548,718
Total revenue bonds — Water and sewer $ 445,400,990
64
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
Augusta Regional Airport at Bush Field
Airport Passenger Facility Charge and General Revenue Bonds (Series 2005A) — issued in the
original amount of $8,990,OOQ in 2005 with interest of 5.15% payable semi-annually beginning
July 1, 2005 and principal payable annually beginning January 2031 ranging from $540,000 to
$2,165,000 through 2034 and principal payable of $2,275,000 on January 1, 2035. $ 8,990,000
Airport Passenger Facility Charge and General Revenue Bonds (Series 2005B) — issued in the
original amount of $4,415,000 in 2005 with interest of 5.35% payable semi-annually beginning
July 1, 2005 and principal payable annually beginning January 1, 2025 ranging from $1,355,000 to
$1,505,000 through 2027 and principal payable of $130,000 on maturity at January 1, 2028. 4,415,000
Airport Passenger Facility Charge and General Revenue Bonds (Series 2005C) — issued in the
original amount of $6,200,000 in 2005 with interest of 5.45% payable semi-annually beginning
July 1, 2005 and principal payable annually beginning January 1, 2028 ranging from $1,455,000 to
$1,760,000 through 2030 and principal payable of $1,315,000 on maturity at January 1, 2031. 6,200,000
Total revenue bonds — Bush Field $ 19,605,000
Waste Mana e� ment:
$11,475,000 Solid Waste Management Authority of Augusta Revenue Bonds, Series 2004 — due
in annual installments of $170,000 to $1,700,000, starting December 1, 2005 through December 1,
2019, plus interest of 3.0% to 4.0% payable semi-annually on June 1 and December 1, beginning
December 1, 2004. $ 2,065,000
$9,165,000 Solid Waste Management Authority of Augusta Revenue Bonds, Series 2010 — Due in
annual installments of $250,000 to $660,000 starting October 1, 2011 through October 1, 2030,
plus interest from 3.0% to 4.5% payable semi-annually on April 1 and October 1, beginning April
1, 2011. 9,165,000
Add: Bond issue premium 344,554
Total revenue bonds — Waste Management $ 11,574,554
Total revenue bonds $ 476,580,544
Notes �a,yable
Water and Sewer Fund:
$5,143,272 State revolving loan — due in quarterly principal and interest installments of
$94,668, bearing interest at 4%, through May 2016. $ 1,861,207
$6,493,318 State revolving loan — due in monthly principal and interest installments of
$36,125, bearing interest at 3%, through May 2031 6,493,318
$6,553,217 State revolving loan — principal and interest due in quarterly installments of
$119,392, bearing interest at 4%, through July 2019. � 3,511,151
$2,347,350 State revolving loan — due in monthly principal and interest installments of
$13,027, including interest at 3%, through October 2031 2,347,350
$19,196,880 Federal Government loan — due in monthly principal and interest installments of
$204,665, bearing interest at 511%, through March 2018. 14,852,647
Total $ 29,065,673
65
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued) �
Business-type Activities
Year ending Notes Payable Revenue Bonds Total
December 31 Principal Interest Principal Interest Principal Interest
2011 $ 2,555,048 $ 1,049,125 $ 8,070,000 $ 23,566,470 $ 10,625,048 $ 24,615,595
2012 2,839,588 1,062,447 8,090,000 23,317,242 10,929,588 24,379,689
2013 2,972,925 929,111 8,435,000 22,975,851 11,407,925 23,904,962
2014 3,112,695 790,332 8,845,000 22,563,113 11,957,695 23,353,445
2015 3,259,214 642,823 9,285,000 22,128,813 12,544,214 22,771,636
2016-2020 9,053,201 1,402,054 53,495,000 ]03,345,090 62,548,201 104,747,144
2021-2025 2,325,272 623,812 68,335,000 88,943,228 70,660,272 89,567,040
2026-2030 2,701,075 248,010 93,869,999 69,371,269 96,571,074 69,619,279
2031-2035 246,655 2,061 112,175,000 43,56�,580 112,421,655 43,569,641
2036-2040 _ _ 98,370,000 13,241,025 98,370,000 13,241,025
$ 29,065,673 $ 6,749,775 $ 468,969,999 $ 433,019,681 $ 498,035,672 $ 439,769,456
Series 2007 Water and Sewera,ge Revenue Bonds
During 2007, the Government issued $177,010,000 in Series 2007 Water and Sewerage Revenue Bonds. A portion of
the proceeds from the sale of these bonds was used to refund all of the former Series 1996 and 1997 Water and
Sewerage Revenue Bonds in the amount of $56,875,000. The remaining portion of the bond proceeds of $120,135,000
was used to advance refund a portion of the Series 2000 and 2002 Water and Sewerage Revenue Bonds. The current
refunding resulted in a difference between the reacquisition price and the net carrying amount of the old debt of
approximately $4,300,000. This difference, reported in the accompanying financial statements as a deduction from
bonds payable, is being charged to operations through the year 2030 using the effective-interest method. The refunding
decreased the total debt service payments over the next 21 years by approximately $5,600,000 and produced an
economic gain of approximately $3,700,000. The advance refunding resulted in a difference between the reacquisition
price and the net carrying amount of the old debt of approximately $3,200,000. This difference, reported in the
accompanying financial statements as a deduction from bonds payable, is being charged to operations through the year
2030 using the effective-interest method. The refunding decreased the total debt service payments over the next 23
years by approximately $7,200,000 and produced an economic gain of approximately $4,600,000. Proceeds of
approximately $126,793,000 from the defeased issues were used to purchase U.S. Government Securities. Those
securities were deposited in an irrevocable trust fund with an escrow agency to provide for all future debt service
payments on the above mentioned bonds. As of December 31, 2010, the amount of these defeased debts outstanding
but removed from the Water and Sewer Fund is $37,010,000 .
Series 2004 Water and Seweraee Bonds
During 2004, the Government issued $160,000,000 in Series 2004 Water and Sewerage Revenue Bonds for the purpose
of financing the costs of making additions, extensions and improvement to the Utilities' water and sewer system.
Series 2004 Solid Waste Mana�ement Authoritv of Augusta Revenue Bonds
During 2004, the Government issued $11,475,000 in Series 2004 Solid Waste Management Authority of Augusta
Revenue Bonds for the purpose of paying all or a portion of the costs of improving and equipping the Government's
municipal solid waste landfill.
Series 2002 Water and Sewera�e Revenue Bonds
During 2002, the Government issued $149,400,000 in Series 2002 Water and Sewerage Revenue Bonds. A portion of
the proceeds from the sale of these bonds was used to pay the outstanding balance of the Georgia Environmental
Facilities Authority revolving loan in the amount of $8,815,000 with an interest rate of 5.5%. The remaining portion of
the bond proceeds of $140,585,000 was issued for the purpose of financing the costs of making additions, extensions
and improvements to the Utilities' water and sewer system. A portion of the net proceeds of $8,692,368 (after payment
of $153,574 of underwriting fees and other issuance costs) was used to repay the Georgia Environmental Facilities
Authority revolving loan.
66
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
The remaining portion of the proceeds of $125,691,320 (after payment of $2,748,066 of underwriting fees and other
issuance costs) plus an additional $11,753,672 of funds from a capitalized interest fund is to be used for improvements
to the Utilities' water and sewer system. No difference resulted in the current refunding between the reacyuisition price
and the net carrying amount of the old debt. The Government completed the refunding to obtain an economic gain
(difference between present values of the old and new debt service payments) of approximately $792,000.
Series 2000 Water and Seweraee Revenue Bonds
During 2000, the Government issued $97,080,000 in Series 2000 Water and Sewerage Revenue Bonds for the purpose
of financing the costs of making additions, extensions and improvements to the Utilities' water and sewer system.
Series 1996 Water and Seweraee Revenue Bonds
During 1996, the Government issued $66,600,000 in Series 1996 Water and Sewerage Revenue Bonds. A portion of
the proceeds from the sale of these bonds was used to advance refund all of the former City of Augusta's Series 1972
and 1991 Water and Sewerage Revenue Bonds and the former Richmond County's Series 1987 and 1991 Water and
Sewer Revenue Bonds. Proceeds of $19,400,000 plus an additional $4,900,000 of sinking fund monies from the
defeased issues were used to purchase U.S. government securities. Those securities were deposited in an irrevocable
trust fund with an escrow agent to provide for all future debt service payments on the above-mentioned bonds. As a
result, the bonds are considered to be defeased and the liabilities for those bonds have been removed from the Water and
Sewer Fund. The advance refunding during 1996 resulted in a difference between the reacquisition price and the net
carrying amount of the old debt of approximately $2,500,000. This difference, reported in the accompanying financial
statements as a deduction from bonds payable, is being charged to operations through the year 2028 using the effective-
interest method. The refunding increased the total debt service payments over the next 30 years by approximately
$8,600,000 and produced an economic gain of approximately $260,000.
Series 1997 Water and SeweraQe Revenue Bonds
In 1997, the Government issued $5,900,000 in Series 1997 Water and Sewerage Revenue Bonds. A portion of the
proceeds from the sale of these bonds was used to advance refund all of the former Richmond County's Series 1986
Water and Sewerage Revenue Bond. Proceeds of approximately $5,600,000 plus an additional $900,000 of sinking
fund monies from the defeased issues were used to purchase U.S. government securities. Those securities were
deposited in an irrevocable trust fund with an escrow agent to provide for all future debt service payments on the above-
mentioned bonds. As a result, the bonds are considered defeased and the liability for those bonds have been removed
from the Water and Sewer Fund. The advance refunding during 1997 resulted in a difference between the reacquisition
price and the net carrying amount of the old debt of approximately $540,000. This difference, reported in the
accompanying financial statements as a deduction from bonds payable, is being charged to operations through the year
2021 using the effective-interest method. The refunding will increase total debt service payments over the next 24 years
by approximately $2,100,000 and will produce an economic gain of approximately $110,000.
As of December 31, 2010, the amount of these defeased debts outstanding but removed from the Water and Sewer Fund
is $350,000.
Revenues Pled�
The Water and Sewer Fund has pledged future water customer revenues, net of specified operating expenses, to repay
$438.1 million remaining in water system revenue bonds issued in 2000, 2002, 2004 and 2007. Proceeds from the
bonds provided financing for the construction of making additions, extensions and improvements to the Utilities' water
and sewer system. The bonds are payable solely from water customer net revenues and are payable through 2043.
Annual principal and interest payments on the bonds are expected to require less than 39.9 percent of net revenues. The
total principal and interest remaining to be paid on the bonds is $845.2 million. Principal and interest paid for the
current year and total customer net revenues were $27.6 million and $69.1 million, respectively.
The Augusta Regional Airport has pledged certain future revenues to repay $19,605,000 in Airport Revenue Bonds
issued in 2005. Proceeds from the bonds provided financing for the acquisition, construction and installation of a new
airline passenger terminal and certain other capital improvements.
67
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 3— Detailed notes on all funds (Continued)
The Airport Passenger Facility Charge and General Revenue Bonds Series 2005A and 2005B are payable through 2035
primarily from Passenger Facility Charge No. 99-01-C-AGS approved by the Federal Aviation Administration in 2004.
Should the proceeds of the Passenger Facility Charge not be sufficient to pay when due interest and principal on Series
2005A and 2005B, the interest and principal shortfall will be paid from Airport Net General Revenues, derived by the
Government from the ownership and operation of the Airport, remaining after the payment of expenses of operating,
maintaining, and repairing the Airport ("Net General Revenues"), and (2) those passenger facility charge revenues that
are allocable to the 2005 Project ("PFC Revenues"). The total principal and interest remaining to be paid on the Series
2005A and 2005B Revenue Bonds was approximately $28,044,000 as of December 31, 2010. There were no principal
payments in the current year, while interest paid was approximately $699,000. Total Passenger Facility Charge revenue
was $909,816 for the year ended December 31, 2010.
The Series 2005C Revenue Bonds are payable through 2031 solely from and secured by a first priority pledge or and
lien on Net General Revenues only. Annual principal and interest payments on the bonds are expected to require less
than 35 percent of net revenues through 2012. The total principal and interest remaining to be paid on the bonds was
approximately $12,780,000 as of December 31, 2010. There were no principal payments in the current year, while
interest paid was approximately $338,000. Total net general revenues were $1,713,292 for the year ended
December 31, 2010.
Financial Covenants
Pursuant to the Bond Resolution, the Augusta Regional Airport is subject to meeting certain financial covenants related
to the Airport Revenue Bonds. The financial covenants include requirements to (i) provide for 100 percent of the
Expenses of Operation and Maintenance and for the accumulation in the Operation and Maintenance Reserve Fund of
the Operating Reserve; and (ii) produce Net General Revenues, together with Other Available Moneys, in each fiscal
year which will (a) equal at least 125 percent of the Debt Service Requirement on all General Revenue Bonds then
outstanding for the sinking fund year ending on the next January 1 and at least 100 percent of the debt service or other
amounts payable on all Subardinate Bonds and Other Airport Obligations payable from Net General Revenues then
outstanding for the year of computation, (b) enable the Aviation Commission to make all required payments, if any, into
the Debt Service Reserve Account, the PFC Debt Service Reserve Account, the Rebate Fund, the Renewal and
Replacement Fund and on any Contract or Other Airport Obligation, (c) enable the Aviation Commission to accumulate
an amount to be held in the Capital Improvement Fund, which in the judgment of the Aviation Commission is adequate
to meet the costs of major renewals, replacements, repairs, additions, betterments, and improvements to the Airport,
necessary to keep the same in good operating condition or as is required by any governmental agency having
jurisdiction over the Airport, and (d) remedy all deficiencies in reyuired payments from the Revenue Fund from prior
fiscal years. As of December 31, 2010 the Airport was in compliance with all covenants.
Urban Redevelopment Aeency
Urban Redevelopment Agency of Augusta (Georgia) Taxable Revenue Bonds (Laney Walker and Bethlehem Project,
Series 2010:
In June of 2010, the Urban Redevelopment Agency of Augusta issued $8,000,000 Urban Redevelopment Agency
Revenue Bonds, Series 2010. The proceeds of these bonds were used to fund projects of the Laney-Walker and
Bethlehem Urban Redevelopment Plan. Interest on the bonds is variable from 1.215% to 3.100%. Interest is payable
semiannually on April 1 and October 1 of each year and principal payable annually beginning October 1, 2010 ranging
from $315,000 to $6,710,000 through October 1, 2015. At December 31, 2010, the amount of principal outstanding was
$8,000,000.
68
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 3— Detailed notes on all funds (Continued)
Revenue Bond
Year ending December 31 Principal Interest
2011 $ 315,000 $ 232,328
2012 320,000 228,501
2013 325,000 233,304
2014 330,000 216,541
2015 6,710,000 208,010
2016 — 2020 - -
2021 — 2025 - -
2026 — 2030 - -
$ 8,000,000 $ 1,118,684
H. Leases
The Government has entered into several long-term lease agreements for various vehicles and machinery and
equipment. Although the leases contain clauses which provide that the leases are cancelable if funds are not
appropriated for the periodic payments for any future fiscal periods, the leases meet the criteria of a capital lease as
defined by Statement of Financial Accounting Standards No. 13 Accounting for Leases and the National Council on
Governmental Accounting Statement No. 5 Accounting and Financial Reporting Principles for Lease Agreements of
State and Local Governments.
The Government has lease agreements are through the Georgia Municipal Association and are accounted far in an
internal service fund. They also have lease agreements other the Georgia Municipal Association agreements that are
accounted for within the business-type activities and far governmental activities within the general long-term debt
account group.
Future minimum lease payments under the leases and the net present value of the minimum lease payments as of
December 31, 2010 are as follows:
Governmental Business-type
Activities Activities
2011 $ 683,666 $ 2,271,590
2012 346,179 1,791,614
2013 40,356 1,451,800
2014 - 1,047,033
2015 - 955,221
2016 — 2020 - 2,051,095
Total minimum lease payment 1,070,201 9,568,353
Less: Amount representing interest - 901,776
Present value of lease payments $ 1,070,201 $ 8,666,577
Interest amounts are not material to the financial statements.
The Government is lessor of terminal space, land and buildings at Augusta Regional Airport at Bush Field and Daniel
Field under various operating leases. Revenues and related expenses for Augusta Regional Airport at Bush Field are ,
recorded in the Augusta Regional Airport at Bush Field Fund while the revenue and related expenses for Daniel Field
are recorded in the Daniel Field Airport Fund. Some of the leases provide for additional payments based on usage
activity in addition to non-cancelable amounts of fixed rates.
During 2010, rental income totaled approximately $2,398,000 and $101,000 in the Augusta Regional Airport at Bush
Field and Daniel Field Airport Funds, respectively.
69
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 3— Detailed notes on all funds (Continued)
The assets acquired through capital leases as of December 31, 2010 are as follows:
Governmental Business-type
Activities Activities �
Vehicles $ 2,131,711 $ 230,425
Machinery and eyuipment - 13,660,072
2,131,711 13,890,497
Less: accumulated depreciation (265,707) (4,807,236)
Carrying value $ 1,866,004 $ 9,083,261
L Changes in long-term liabilities
Primary �overnment
The following is a summary of long-term debt transactions of the year ended December 31, 2010:
Beginning Ending Current
Balances Additions Reductions Balances Portion
Governmenta] activities;
Bonds and notes payable:
Revenue bonds payable $ -$ 22,120,000 $ -$ 22 $ 710,000
General obligation bonds payable 49,190,000 21,950,000 9,135,000 62,005,000 19,505,000
Add: Bond issue premiums 2,268,058 3,635,264 476,881 5,426,441 856,1 ll
Total bonds and notes payable 51,458,058 47,705,264 9,611,881 89,551,441 21,071,111
Certificates ofparticipation 16,888,000 - - 16,888,000 -
Less: original issue discount (628,815) - (44,915) (583,900) (44,915)
� Total certificates of participation 16,259,185 - (44,915) 16,304,100 (44,915)
Other liabilities:
Compensated absences 4,696,888 4,617,061 4,696,888 4,617,061 4,617,061
Capitalleases 1,225,613 917,469 1,072,881 1,070,201 683,666
Claims and judgments 6,107,498 2,440,382 2,518,942 6,028,938 6,028,938
Total other liabilities 12,029,999 7,974,912 8,288,711 11,716,200 l 1,329,665
Governmental activities long-term
liabilities $ 79,747,242 $ 55,680,176 $ 17,855,677 $ 117,571,741 $ 32,355,861
Business-type activities:
Revenue debt:
Revenue bonds payable $ 467,959,999 $ 9,165,000 $ 8,155,000 $ 468,969,999 $ 8,070,000
Less: deferred refunding amounts (6,874,618) - (330,744) (6,543,873) -
Less: bond issue discounts (813,257) - (74,403) (738,853) -
Add: bond issue premiums 15,325,760 225,734 658,222 14,893,272 -
Total revenue debt 475,597,884 9,390,734 8,408,074 476,580,544 8,070,000
Other liabilities:
Compensated absences 848,501 854,570 848,501 854,570 854,570
Notes payable 22,420,295 8,840,668 2,195,289 29,065,673 2,555,048
Capitalleases 9,556,177 979,082 1,868,681 8,666,578 2,042,952
Closure/postclosure accrual 15,494,735 750,675 - 16,245,410 -
Total other liabilities 48,319,708 11,424,995 4,912,471 54,832,231 5,452,570
Business-type activities long-term
liabilities $ 523,917,592 $ 20,815,729 $ 13,320,545 $ 531,412,775 $ 13,522,570
70
AUGUSTA, GEORGIA
Notes to Financial Statements - Continued
Year Ended December 31, 2010
Note 3- Detailed notes on all funds (Continued)
The total interest incurred for the year ended December 31, 2010 was approximately $25,900,000. Of this amount,
approximately $1,800,000 was capitalized as a component of the cost of capital assets constructed during the year and
approximately $24,100,000 was charged to expense.
Typically, the General Fund has been used to liquidate claims and judgments. Compensated absences are liquidated by
the fund which recorded the related salary costs, primarily the General Fund, Fire Protection Fund, and the Water and
Sewer System Fund. Capital leases are liquidated by the fund which received the benefit of the related asset.
Department of Health
At June 30, 2010, the Department of Health's long-term liabilities consisted of obligations for compensated absences
and an obligation under capital lease.
Capital lease
The Department has entered into a long-term lease agreement for land and buildings. The lease meets the criteria of a
capital lease as defined by Statement of Financial Accounting Standards No. 13 (SFAS 13) Accounting for Leases.
The future minimum lease payments under the lease and the net present value of the value of minimum lease payments
at June 30, 2010 are as follows:
Fiscal Year �
Ending Principal Interest Total
2011 $ 40,731 $ 23,985 $ 64,716
2012 43,675 21,041 64,716
2013 46,832 17,884 64,716
2014 50,218 14,498 64,716
2015 53,848 10,868 64,716
2016-2020 125,772 9,815 135,587
Totals $ 361,076 $ 98,091 $ 459,167
Long-term liability activity for the year ended June 30, 2010 was as follows:
Beginning Ending Current
Balances Additions Reductions Balances Portion
Compensated absences $ 566,568 $ 285,918 $ (315,424) $ 537,062 $ 358,832
Obligations under capital lease 399,061 - (37,985) 361,076 40,731
Totals $ 965,629 $ 285,918 $ 353,409 $ 898,138 $ 400,563
Downtown Development Authoritv
Long-term debt activity for the year ended December 31, 2010 was as follows:
General Long-term Debt
Development Authority
Revenue Bonds,
Series 2003
Debt outstanding at December 31, 2009 $ 615,000
Principal payments (615,000)
Debt outstanding at December 31, 2010 $ -
Current portion $ -
71
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 3— Detailed notes on all funds (Continued)
J. Due from/to other funds
The composition of interfund balances as of December 31, 2010 are as follows:
Due to other funds
Water and Nonmajor Nonmajor Internal
Due from other funds Sewer Fund Bush Field Govemmental Enterprise Service Funds Total
General Fund $ 1,896,474 $ 2,249,979 $ 1,665,580 $ 971,401 $ 705,875 $ 7,489,309
Total interfund balances $ 1,896,474 $ 2,249,979 $ 1,665,580 $ 971,401 $ 705,875 $ 7,489,309
Amounts were due to other funds primarily for timing of payments from agency funds.
Note 4 — Other information
A. Risk management
The Government is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets; errors
and omissions; and natural disasters for which the Government is self-insured. The Risk Management Funds (an
internal service fund) are utilized by the Government to account for and finance its self-insured risks of loss. The Risk
Management Funds are maintained to provide general liability insurance, workers' compensation coverage, and
unemployment coverage. The Government is self-insured for workers' compensation coverage through a self-
insurance program that is administered under contracts with a third party administrator. Future claims can be paid
from designated funds established in 1987 from previously unrestricted-unreserved funds. Balances as of
December 31, 2010, include the following:
General Fund - undesignated $ 2,156,790
General Fund — Transit asset reserve 2,548,271
Total General Fund 4,705,061
Fire Protection Fund 250,000
Risk Management Fund 1,008,865
Total reserve $ 5,963,926
Related liabilities are reported when it is probable that a loss has occurred and the amount of the loss can be reasonably
estimated. Liabilities include an amount for claims that have been incurred but not reported (IBNRs). Claim liabilities
are calculated considering the effects of inflation, recent claim settlement trends including frequency and amount of
payouts and other economic and social factors.
The following represents the changes in the balance of claim liabilities for the Government from January 1, 2009 to
December 31, 2010:
Unpaid claims, January 1, 2009 $ 3,171,222
Incurred claims (including IBNRs) 2,471,780
Claim payments (1,786,916)
Unpaid claims, December 31, 2009 3,856,086
Incurred claims (including IBNRs) 2,440,382
Claim payments (1,833,833)
Unpaid claims, December 31, 2010 $ 4,462,635
72
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 4 — Other information (Continued)
Transfers to/from other funds
Transfers in (out) for the year ended December 31, 2010 are summarized below:
Transfers out
Special Sales
General Nonmajor Tax Nonmajor
Transfers in Fund Governmental Phase V Enterprise Total
General Fund $ - $ 3,511,100 $ - $ 125,000 $ 3,636,100
Fire Protection Fund - 4,960,000 - - 4,96Q000
Nonmajor
Govemmental 1,078,570 - 9,697,900 - ]0,776,470
Nonmajor Enterprise 1,030,200 4,047,301 - - 5,077,501
Internal Service 413,577 24,518 - - 438,095
Total transfers $ 2,522,347 $ 12,542,919 $ 9,697,900 $ 125,000 $ 24,888,166
Transfers are used to move unrestricted revenues in the general fund and nonmajor governmental funds to finance
various programs that the Government must account for in other funds in accordance with budgetary authorizations,
including amounts provided as subsidies far nonmajor governmental funds, nonmajor enterprise, funds and internal
service funds.
B. Contingent liabilities
Liti aQ tion
The Government is party to various legal proceedings which normally occur in governmental operations. The
Government follows the practice of recording liabilities resulting from claims and legal actions only when they become
probable and measurable. The Government has accrued a liability in the Risk Management Fund (an internal service
fund) for all claims for which a loss is probable and measurable.
Possible unasserted claims
The Government participates in a number of Federal and state assisted grant programs, which are subject to program
compliance audits under the Single Audit Act Amendments of 1996. An audit of these programs has been performed
for the year ended December 31, 2010, in compliance with the Single Audit Act Amendments of 1996 and OMB
Circular A-133. However, the audit is pending final acceptance by the various grantor agencies. The amount, if any,
of expenditures, which may be disallowed by the granting agencies, is expected to be immaterial.
C. Contracts and commitments
Aueusta-Richmond Countv Coliseum Authoritv
The Government has committed to provide funds to service the Augusta-Richmond County Coliseum Authority's debt
to the extent of the 50% Hotel-Motel Excise Tax and 30% of the Beer Tax collected.
D. Richmond County Public Facilities, Inc.
The Richmond County Public Facilities, Inc. is a nonprofit organization, tax exempt under Internal Revenue Code
Section 501(c)(3)The purpose of this nonprofit arganization is to construct and maintain buildings and equipment to be
leased by the Government, the Department of Family and Children Services, and the Richmond County Board of
Education. The Richmond County Public Facilities, Inc, is part of the reporting entity of Augusta, Geargia, due to the
degree of control the Government has over the Board of Directors of Richmond County Public Facilities, Inc.
Richmond County Public Facilities, Inc. issued Certificates of Participation to provide funds for the Government to
refund the 1990 Certificates of Participation issue and for certain capital projects. The related assets are included in the
financial statements of the Govemment in the governmental activities. The Certificates of Participation were retired
during 2001.
73
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 4 — Other information (Continued)
In addition, the Richmond County Public Facilities, Inc. issued Certificates of Participation of $13,240,000 for the
Richmond County Board of Education in a prior year. These Certificates of Participation are the sole responsibility of
the Richmond County Board of Education and the related assets and liabilities have not been included in the financial
statements of the Government.
Note 5 — Pension plans
A. Plan descriptions, contribution information and funding policies
The Government has six single-employer pension plans and one agent multiple-employer pension plan currently in
existence. The Government has a single-employer post-retirement plan that provides medical and death benefits to
eligible retirees and their spouses. These plans are defined benefit plans. The Government also has a single-employer,
defined contribution plan. The following is a summary of funding policies, contribution methods, and benefit
provisions for each plan.
Sin lg e-emplover pension nlans
1945 Plan
The 1945 Plan was available to all former Richmond County employees hired prior to October 1, 1975 that met the
Plan's age and length of service requirements. Participants in the Plan who retired at or after age 60 are entitled to a
monthly benefit equal to 2% of average earnings multiplied by years of service. Also, the benefit is not to exceed 60%
of the average earnings. The Plan provides death and disability benefits. These benefit provisions and all other
requirements including amendments are established by Government ordinance. The Plan also provides for reduced
benefits if the participant elects to retire after attaining age 50 and completing 15 years of service. Employees are
required to make contributions to the Plan equal to 5% of earnings. The Government is required to contribute the
remaining amounts necessary to fund the Plan. If a participant terminates employment prior to completion of ten years
of credited service, the participant receives a lump-sum amount equal to his total contributions to the Plan, with 5%
interest computed from January 1, 1997. After completion of at least ten years of credited service, the participant
receives a monthly benefit deferred to his normal retirement date, eyual to the benefit computed as for normal
retirement multiplied by the percentage based on completed years of credited service, as follows: 50% after 10 years,
increasing 10% each year to 100% after 15 years of credited service. This is a closed retirement plan (new employees
may not participate in the Plan). The 1945 Plan does not issue a stand-alone financial statement report.
The funding policies for the 1945 Plan provides for actuarially determined periodic contributions at rates that, for
individual employees, remain stable over time so that sufficient assets will be available to pay benefits when due. The
attained age aggregate cost method has been used to compute the normal cost for the plan. Any unfunded plan costs
are spread over the average future working lifetime of the participants as a level percentage of payroll. The significant
actuarial assumptions used to compute pension contribution requirements are the same as those used to determine the
standard measure of the pension obligation.
General Pension Plan Policemen's Pension Plan Firemen's Pension Plan and the Citv Emplovees' Pension Plan
These Plans covered former City of Augusta employees. Policemen and firemen hired before 1945 are covered under
the General Pension Plan. Policemen hired between 1945 and 1949 are covered under the Policemen's Pension Plan.
Firemen hired between 1945 and 1949 are covered under the Firemen's Pension Plan. Other former City of Augusta
employees hired between 1945 and 1949 are covered by the City Employees' Pension Plan. Pension benefits are being
paid under these Plans to retired employees and beneficiaries. These are closed retirement plans (new employees may
not participate in the plans). These plans do not issue stand-alone financial statement reports.
74
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 5 — Pension plans (Continued)
General Retirement Plan
Employees hired after March 1, 1949 and before March 1, 1987, whose age did not exceed thirty-five years at the time
of their employment and are not participants of the 1977 Plan are covered under the General Retirement Plan. Pension
benefits vest after an employee is 45 years of age and has 15 years of full-time employment. An employee may retire
at age 60 with 25 years of service and receive annual pension benefits equal to 2% of the employee's average salary
earned during the last three years of employment, multiplied by the number of full-time years of employment. The
Plan provides death and disability benefits. These benefit provisions and all other requirements including amendments
are established by Government ordinance. All full-time employees hired before July 1, 1980, must contribute 8% of
gross earnings to the Plan, with the Government contributing remaining amounts sufficient to provide future pensions.
This is a closed retirement plan (new employees may not participate in the Plan). The General Retirement Plan does
not issue a stand-alone financial statement report.
Employer contributions are determined as part of the January 1, 2011 actuarial valuation using the frozen entry age
cost method. The unfunded accrued liability is composed of pieces that are amortized over various periods to comply
with Georgia law as a level percentage of payroll. When the actuarial value of assets exceeds 150% of the present
value of accrued benefits, the Official Code of Georgia Annotated states that there is no minimum reyuired
contribution. The significant actuarial assumptions used to compute pension contribution requirements are the same as
those used to determine the standard measure of the pension obligation.
Agent multiple-emplo�pension plan
Georgia Municipal Employees Benefit S�tem (GMEBSI
Employees hired after March 1, 1987 and before consolidation on December 31, 1996, and who were not participants
in any other employer-sponsored retirement plan are covered under the Georgia Municipal Employees Benefit System.
The Plan provides pension benefits, deferred allowances, and death and disability benefits. These benefit provisions
and all other requirements including amendments are established by Government ordinance. A participant may retire
after reaching the age of 65 if the participant is not classified as public safety personnel; participating public safety
personnel may retire at age 65 or age 55 with 25 years of total credited service, whichever is earlier. Early retirement
may be taken at age 55 with 10 years of credited service. Benefits vest after 10 years of service. Employees who retire
at or after age 55 with 10 or more years of service are entitled to pension payments for the remainder of their lives
equal to 1'/4% of their final five-year average salary times the number of years of which they were employed as a
participant in the GMEBS. The final five-year average salary is the average salary of the employee during the final
five years of full-time employment. Pension provisions include deferred allowances, whereby an employee may
terminate his or her employment with the Government after accumulating 10 years of service but before reaching the
age of 55. If the employee does not withdraw his or her accumulated contributions, the employee is entitled to all
pension benefits upon reaching the age of 55. Employees must contribute 3.5% of their gross earnings to the Plan. In
addition, the Government must provide annual contributions sufficient to satisfy the actuarially determined
contribution requirements as amended by GMEBS. The GMEBS Retirement Fund issues a publicly available financial
report that includes financial statements and required supplementary information. That report may be obtained by
writing to Georgia Municipal Employees Benefit System, 201 Pryor Street, SW, Atlanta, Georgia 30303.
The employer contributions are determined as part of a July 1, 2010 actuarial valuation using the projected unit credit
actuarial cost method. The actuarial value of plan assets are computed with a smoothing method that uses a roll
forward of prior year's actuarial value with contributions, disbarsements, and expended return of investments, plus
10% of investment gains (losses) during 10 prior years. Normal cost is funded on a current basis. The Plan is subject to
the minimum funding standards of the Public Retirement Systems Standards Law. Since the Government's policy is to
contribute the pension expense in each year, the funding strategy should provide sufficient resources to pay employee
pension benefits on a timely basis. The significant actuarial assumptions used to compute pension contribution
requirements are the same as those used to determine the standardized measure of the pension obligation. The plan's
unfunded actuarial accrued liability is being amortized over 30 years as a level dollar.
75
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 5 — Pension plans (Continued)
Membership of the defined benefit plans are as follows:
Terminated plan members Active
Retirees and beneficiaries entitled to but not yet Plan
receiving benefits receiving benefits members
1945 Plan 30 0 4
General Pension Plan 0 0 0
Policemen's Pension Plan 1 0 0
Firemen's Pension Plan 5 0 0
City Employees' Pension Plan 7 0 0
General Retirement Plan (City 1949) 158 7 122
GMEBS 263 130 2,031
Total 464 137 2,157
The costs of administering the plans are financed through investment earnings.
Defined contribution nlan
Aueusta-Richmond County Board of Commissioners Retirement Savin s� Plan (the "1998 Plan")
All full-time employees with more than one month of service are eligible to participate in the Retirement Savings Plan.
The Plan is a defined contribution plan under Section 401(a) of the Internal Revenue Code, and is administered by
Nationwide Life Insurance, PPA support. The Plan was organized and may be amended by a majority vote of the full-
body of the governing board, the Augusta-Richmond County Commission. Employees contribute four percent (4%) of
their salary, and the Government contributes two percent (2%) of the employee's salary. Contribution requirements
may be amended by a majority vote of the full-body of the governing board, the Augusta-Richmond County
Commission. At December 31, 2010, there were approximately 258 plan participants. Participants are considered
fully vested in the Government's contributions after completing five (5) years of service. For the year ended
December 31, 2010, the employees' contributions were $383,823, and the Government's contributions were $191,911.
This is a closed retirement plan (new employees may not participate in the Plan).
Richmond Countv Department of Health — General Retirement Plan
All current full-time employees of the Department of Health participate in the Employees' Retirement System of
Georgia (ERS), which is a cost-sharing multi-employer, defined benefit, public employee retirement system. The
Department contributes at a specified percentage of active members payroll determined by actuarial valuation. The
contribution requirements of plan members and the Department are established and may be amended by the ERS Board
of Trustees. Retirement contributions made on behalf of eligible participants for the year ended June 30, 2010 were
$580,599. Members become fully vested after ten years of service.
B. Summary of significant accounting policies
Basis of Accountine
Pension trust funds are accounted for on the accrual basis. The accrual basis of accounting recognizes revenues when
earned. Expenses are recorded when incurred. Plan member contributions are recognized in the period in which the
contributions are due. Employer contributions are recognized when due and the Government has made a formal
commitment to provide the contributions. Benefits and refunds are recognized when due and payable in accordance
with the terms of the plan. For information relating to reported investment values, see Note 1 G.
Method used to Value Investments
Investments are reported at fair value. Money market mutual funds are reported at cost, which approximates fair value.
Securities traded on national or international exchanges are valued at the last reported sales price or exchange rate. Net
appreciation (depreciation) in fair value of investments includes the difference between cost and fair value of
investments held as well as the net realized gains ar losses from securities sold. Interest and dividend income is
recognized on the accrual basis when earned. Purchases and sales of investments are recorded on a trade date basis.
76
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 5 — Pension plans (Continued)
C. Concentrations and reserves
There are no assets legally reserved for purposes other than the payment of plan member benefits for any plans.
The plans held no individual investments whose market value exceeds five percent or more of net assets available for
benefits. There are no long-term contracts for contributions.
D. Annual pension cost and net pension obligation
Employer contributions have been determined as follows:
General Retirement
1945 Plan Pension Plan (City 1949)
Valuation date 12/31/2010 12/31/2010
Actuarial cost method Attained age aggregate Aggregate cost method
Amortization method Level percentage of payroll Level percentage of payroll
(closed) (closed)
Amortization period Average future working lifetime Various periods to comply with
state law
Actuarial asset valuation method Market value plus receivables Market Value plus receivables
Actuarial assumptions:
Investment rate of return 8.0% 8.0%
Projected salary increases 5.0% 5.5%
Post retirement benefit increases 5.0% 4.0%
Inflation 5.0% 4.0%
General Policemen's
Pension Plan Pension Plan
Valuation date 12/31/2010 12/3]/2010 �
Actuarial cost method Actuarial present value of total Actuarial present value of total
Projected benefits Projected benefits
Amortization method N/A N/A
Amortization period N/A N/A
Actuarial asset valuation method N/A N/A
Actuarial assumptions:
Investment rate of return 8.0% 8.0%
Projected salary increases N/A N/A
Post retirement benefit increases N/A N/A
Inflation N/A N/A
77
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 5 — Pension plans (Continued)
Firemen's City Employees'
Pension Plan Pension Plan
Valuation date 12/31/2010 12/31/2010
Actuarial cost method Actuarial present value of total Actuarial present value of total
Projected benefits Projected benefits
Amortization method N/A N/A
Amortization period N/A N/A
Actuarial asset valuation method N/A N/A
Actuarial assumptions:
Investment rate of return 8.0% 8.0%
Projected salary increases N/A N/A
Post retirement benefit increases N/A N/A
Inflation N/A N/A
GMEBS
Valuation date 07/O1/10
Actuarial cost method Projected unit credit
Amortization method Closed level dollar for remaining unfunded
liability
Amortization period Varies for the bases
Actuarial asset valuation method Sum of actuarial value at beginning of year
and the cash flow during the year plus the
assumed investment return, adjusted by 10%
of the amount that the value exceeds or is less
than the market value at end of year. The
actuarial value is adjusted, if necessary, to be
within 44% of market value.
Actuarial assumptions:
Investment rate of return 7.75%
Projected salary increases 3.50%
Post retirement benefit increases None
Inflation None
The aggregate actuarial cost method is used to determine the annual required contribution of the employer for the
General Retirement Pension Plan (City 1949). Because the method does not identify or separately amortize unfunded
actuarial liabilities, information about the Plan's funded status and funding progress has been prepared using the entry
age actuarial cost method for that purpose, and the information presented is intended to serve as a surrogate for the
funded status and funding progress of the Plan.
78
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 5 — Pension plans (Continued)
Three-year trend information is as follows:
Fiscal Annual Actual Percentage of Net Pension
Year Pension County APC (Asset)
Beginning Cost Contribution Contributed Obligation
2008
1945 Plan O1/O1/2008 $ 143,673 $ 191,465 133% $ (41,874)
General Pension Plan O1/0 U2008 6,610 6,610 100% -
Policemen's Pension Plan OU01/2008 48,960 48,960 100% -
Firemen's Pension Plan O1/O1/2008 131,558 131,558 100% -
City Employees' Pension Plan O1/O1/2008 276,009 276,009 100% -
General Retirement Plan
(City 1949) 01/O1/2008 - - 0% -
GMEBS O1/O1/2008 2,527,165 1,912,558 76% 614,607
Fiscal Annual Actual Percentage of Net Pension
Year Pension County APC (Asset)
Beginning Cost Contribution Contributed Obligation
2009
1945 Plan O1/O1/2009 $ 340,951 $ 302,173 89% $ (ll3,621)
General Pension Plan O1/O1/2009 - - 0% -
Policemen's Pension Plan O1/Ol/2009 39,026 39,026 100% -
Firemen's Pension Plan O1/O1/2009 131,558 131,558 100% -
City Employees' Pension Plan O1/O1/2009 253,852 253,852 100% -
General Retirement Plan
(City 1949) Ol/O1/2009 1,403,253 1,306,374 100% -
GMEBS O1/Ol/2009 1,673,213 1,673,213 100% 614,607
Fiscal Annual Actual Percentage of Net Pension
Year Pension County APC (Asset)
Beginning Cost Contribution Contributed Obligation
2010
1945 Plan O1/O1/2010 $ 340,781 $ 340,451 100% $ (74,843)
General Pension Plan Ol/O1/2010 - - 0% -
Policemen's Pension Plan O1/O1/2010 28,238 28,238 100% -
Firemen's Pension Plan O1/O1/2010 134,737 134,737 100% -
City Employees' Pension Plan O1/Ol/2010 223,322 223,322 100% -
General Retirement Plan
(City 1949) O1/O1/2010 1,402,826 1,403,253 100% 96,879
GMEBS O1/O1/2010 1,855,271 2,469,878 100% -
79
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 5 — Pension plans (Continued)
The net pension obligation (asset) has been calculated as follows:
General
1945 Plan Pension Plan
Annual required contribution $ 340,451 $ -
Interest on net pension obligation (5,987) -
Adjustment on annual required contribution 6,317 -
Annual pension cost 340,781 -
Contributions made (340,451) -
Increase (decrease) in net obligation $ 330 $ -�
Net pension obligation (asset) (beginning of year) $ (74,843) $ -
Net OPEB obligation (asset) (end of year) $ (74,513) $ -
Policeman's Fireman's
Pension Plan Pension Plan
Annual required contribution $ 28,238 $ 134,737
Interest on net pension obligation - -
Adjustment on annual reyuired contribution - -
Annual pension cost 28,238 134,737
Contributions made (28,238) (134,737)
Increase (decrease) in net obligation $ - $ -
Net pension obligation (asset) (beginning of year) $ - $ -
Net OPEB obligation (asset) (end of year) $ - $ -
General
City Retirement
Employees' Pension Plan
Pension Plan (City 1949) GNIEBS
Annual required contribution $ 232,322 $ 1,403,253 $ 1,855,271
Interest on net pension obligation - 7,750 -
Adjustment on annual required contribution - (8,177) -
Annual pension cost 232,322 1,402,826 1,855,271
Contributions made (232,322) (1,403,253) (2,469,878)
Increase (decrease) in net obligation $ - $ (427) $ (614,607)
Net pension obligation (asset) (beginning of year) $ -$ 96,879 $ 614,607
Net OPEB obligation (asset) (end of year) $ -$ 96,452 $ -
80
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 5 — Pension plans (Continued)
E. Funded status
The funded status of each plan as of the most recent valuation date is as follows:
Actuarial (Funded) (FAAL)
Accrued Unfunded UAAL as
Actuarial Actuarial Liability AAL A% of
Valuation Value of AAL (FAAL) Funded Covered Covered
Date Assets Enhy Age UAAL Ratio Payroll Payroll
1945 Plan
12/31/10 $ 7,860,568 $ 11,366,929 $ 3,506,361 69 %$ 125,359 2,797 %
Policemen's Pension Plan
12/31/10 - 101,504 101,504 - - -
Firemen's Pension Plan
12/31/10 - 532,748 532,748 - -
City Emplovees' Pension Plan
12/31/10 - 953,250 953,250 - - -
General Retirement Plan (Ci ,t��
12/31/10 68,221,054 79,243,698 11,022,644 86 4,707,547 234
GMEBS
07/O1/10 60,004,921 82,560,251 22,555,330 73 73,248,453 31
The schedule of funding progress, presented as required supplementary information following the notes to the financial
statements, presents multi-year trend information about whether the actuarial value of plan assets is increasing or
decreasing over time relative to the actuarial accrued liability.
F. Post-employment retirement benefits
Plan description. Augusta-Richmond County sponsors a single-employer post-retirement plan provides medical and
death benefits to eligible retirees and their spouses.
Annual OPEB cost and net OPEB obligation. The Government's annual other post-retirement benefit (OPEB) cost
(expense) is calculated based on the annual required contribution of the employer (ARC), an amount actuarially
determined in accordance with the parameters of GASB Statement 45. The ARC represents a level of funding that, if
paid on an ongoing basis, is projected to cover normal cost each year and amortize any unfunded actuarial liabilities (or
funding excess) over a period not to exceed 30 years. The following table shows the components of the GovernmenYs
annual OPEB cost for the year, the amount actually contributed to the plan, and changes in the Government's net
OPEB obligation:
Components of net OPEB obligation
Annual required contribution $ 7,735,722
Interest on net OPEB obligation 789,286
Adjustment on annual required contribution (987,410)
Annual OPEB cost (expense) 7,537,598
Contributions made or accrued (2,318,304)
Increase in net obligation $ 5,219,294
Net OPEB obligation (beginning of year) $ 14,350,656
Net OPEB obligation (end of year) $ 19,569,950
81
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 5 — Pension plans (Continued)
The GovernmenYs annual OPEB cost, the percentage of annual OPEB cost contributed to the plan, and the net OPEB
obligation for 2010 is as follows:
Fiscal Year Ended Annual OPEB Cost Percentage of OPEB Cost Net OPEB Obligation ,
12/31/2010 $ 7,537,598 30.8% $ 19,569,950
12/31/2009 6,958,580 16.4% 14,350,656
12/31/2008 7,064,158 16.2% 8,534,019
Funding policy. The Government intends to continue to fund the OPEB on an actual pay-as-you-go expense. OPEB
is fully funded by the Government and plan members are not required to contribute. Contribution requirements may be
amended by a majority vote of the full-body of the governing board, the Augusta-Richmond County Commission.
Funded status and funding progress. As of January 1, 2010, the most recent actuarial valuation date, the plan was
0% funded. The actuarial accrued liability for benefits was $91,479,290 and the actuarial value of assets was $0,
resulting in an unfunded actuarial accrued liability (UAAL) of $ 91,479,290.
Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and assumptions about the
probability of occurrence of events far into the future. Examples include assumptions about future employment,
mortality, and the healthcare cost trend. Amounts determined regarding the funded status of the plan and the annual
required contributions of the employer are subject to continual revision as actual results are compared with past
expectations and new estimates are made about the future.
Actuarial methods and assumptions. Projections of benefits for financial reporting purposes are based on
substantive plan (the plan as understood by the employer and the plan members) and includes the type of benefits
provided at the time of each valuation and the historical pattern of sharing the benefit costs between the employer and
plan members to that point. The actuarial methods and assumptions used include techniques that are designed to
reduce the effects of short-term volatility in actuarial accrued liabilities and the actuarial value of assets, consistent
with the long-term perspective of the calculations.
In the January 1, 2010 actuarial valuation, the projected unit credit actuarial cost method was used. The actuarial
assumptions include a 5.5% investment rate of return (net of administrative expenses), based on the employer's own
investments and used to discount liabilities at the valuation date, and an annual healthcare cost trend rate of 8%
initially, reduced by decrements to an ultimate rate of 5% after three years. The UAAL is being amortized as a leve!
percentage of payroll on an open basis. The remaining amortization period at January 1, 2010 was 27 years.
Note 6— Joint venture and related organization
Joint venture
Under Georgia law, the Government, in conjunction with the sixteen counties and fifty-four cities in east Georgia known as
the Central Savannah River Area (CSRA), is a member of the CSRA Regional Development Center (CSRA RDC). The
CSRA RDC is a public organization that assists local governments in planning for common needs, cooperating far mutual
benefit, and coordinating for sound regional development. The operations are mainly financed by membership dues and
financial assistance provided by the State of Georgia. Membership in the CSRA RDC is required by the Official Code of
Georgia Annotated (O.C.G.A.) §58-8-34 with annual dues based on a per capita amount. During the year ended
December 31, 2010, the Government paid $193,270 in such dues, which was based on a per capita amount of $1.00. The
CSRA RDC Board membership is composed of one city official, one county official, and one private sector individual from
each county. O.C.G.A. §58-8-39.1 provides that the Government is liable far any debts or obligations of the CSRA RDC.
The Comprehensive Annual Financial Report of the CSRA RDC may be obtained from:
CSRA Regional Development Center
3023 River Watch Pkwy
Augusta, Georgia 30907
82
AUGUSTA, GEORGIA
Notes to Financial Statements — Continued
Year Ended December 31, 2010
Note 6— Joint venture and related organization (Continued)
Related oreanization
The Government officials are responsible for appointing the members of the boards of another organization, but the
Government's accountability for these organizations do not extend beyond making the appointments. The Government
commission appoints the voting majority of the members of the Augusta-Richmond County Coliseum Authority and the
Housing Authority of the City of Augusta, Georgia.
Note 7— HoteUmotel lodging tax
The Government has levied a 6% lodging tax. A summary of the transactions for the year ended December 31, 2010
follows:
Lodging tax receipts $ 3,969,575
Disbursements to the Augusta-Richmond County Coliseum Authority and the Augusta (3,706,039)
Convention and Visitors Bureau -for promotion of tourism
Balance of lodging tax funds on hand at end of year $ 263,536
The Government has received audit reports from the Augusta-Richmond County Coliseum Authority and the Augusta
Convention and Visitors Bureau, covering the lodging tax monies. The subcontractor's expenditures were for promotion of
tourism as required by O.C.G.A. §48-13-51.
Note 8 — Significant contingencies
Federal and State assisted programs
The Government has received proceeds from several federal and state grants. Periodic audits of these grants are required
and certain costs may be questioned as not being appropriate expenditures under the grant agreements. Such audits could
result in the refund of grant monies to the grantor agencies. Management believes that any required refunds will be
immaterial. No provision has been made in the accompanying financial statements for the refund of grant monies.
Arbitrage
The Government's bond issues are subject to federal arbitrage regulations, and the Government has elected to review its
potential arbitrage liability annually on the bond issue dates. The arbitrage rebate payments are payable on the fifth
anniversary of the bond issue date and every fifth year subsequent to the date. As of December 31, 2010, the estimate
arbitrage payable of $1,566,303 has been included in claims and judgments in the accompanying financial statements.
Note 9— Expenditure of federal grant funds
General deficiencies applicable to all federal grants have been identified, and specific deficiencies have been identified for
grants from the U. S. Department of Housing and Urban Development, U. S. Department of Justice, and the U. S.
Department of Transportation, all of which are more fully described in the City's Single Audit report for the year ended
December 31, 2010. These deficiencies may result in federal claims for refunds for these grants. The City has not
estimated or recorded a liability for any potential claim.
Note 10 — New accounting pronouncements
GASB issued GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions, which, among
other things, enhances the usefulness of fund balance information by providing clearer fund balance classifications that can
be more consistently applied and by clarifying the existing governmental fund type definitions. This Statement establishes
fund balance classifications that comprise a hierarchy based primarily on the extent to which a government is bound to
observe constraints imposed upon the use of the resources reported in governmental funds. The requirements of this
Statement are effective for financial statements for periods beginning after June 15, 2010. The Government's management
is currently evaluating the impact GASB No. 54 will have on the Government's financial statements.
83
AUGUSTA, GEORGIA
Defined Benefit Pension Trusts — Required Supplementary Information
(Unaudited)
December 31, 2010
Schedules of funding progress
Actuarial (Funded) (FAAL)
Accrued Unfunded UAAL as
Actuarial Actuazial Liability AAL A% of
Valuation Value of AAL (FAAL) Funded Covered Covered
Date Assets Entry Age UAAL Ratio Payroll Payroll
1945 Plan
12/31/2008 $ 9,839,493 $ 11,083,498 $ 1,244,005 89 %$ 252,660 492 %
12/31/2009 8,127,448 11,403,336 3,275,888 7] 244,941 1,337
12/31/2010 7,860,568 11,366,929 3,506,361 69 125,359 2,797
Policemen's Pension Plan
12/31/08 $ - $ 188,987 $ 188,987 - % $ - - %
12/31/09 - 145,368 145,368 - - -
12l31/10 - 101,504 101,504 - - -
Firemen's Pension Plan
12/31/08 $ - $ 558,594 $ 558,594 - % $ - - %
12/31/09 - 539,044 539,044 - - -
12/31/10 - 532,748 532,748 - - -
City Emplovees' Pension Plan
12/31/08 $ - $ 1,265,155 $ 1,265,155 - % $ - - %
12/31/09 - 1,122,867 1,122,867 - - -
12/31/10 - 953,250 953,250 - - -
General Retirement Plan (Citv 1949)
12/31/2008 $ 74,862,875 $ 70,398,531 $ (4,464,344) 106 % $ 6,416,602 (70) %
12/31/2009 65,807,023 74,884,813 9,077,790 88 5,775,104 157
12/31/2010 68,221,054 79,243,698 11,022,644 86 4,707,547 234
GMEBS
11/O1/08 $ 48,945,634 $ 69,899,757 $ 2Q954,123 70 %$ 60,618,181 35 %
07/O1/09 52,223,077 66,712,927 14,489,850 78 72,194,233 20
07/O1/10 60,004,921 82,560,251 22,555,330 73 73,248,453 31
85
AUGUSTA, GEORGIA
Combining Balance Sheet
Nonmajor Governmental Funds
December 31, 2010
Special Capital Debt
Revenue Project Service
Funds Funds Funds
Assets
Cash and temparary investments $ 14,330,725 $ 38,208,871 $ 15,206
Receivables (net of allowance far doubtful accounts)
Taxes 1,478,972 - -
Accounts 2,467,447 - -
Note 3,362,263 - -
Prepaid items 685 - -
Restricted assets
Reserve account - 62,572,089 1,225,207
Perpetual care - - -
Total assets $ 21,640,092 $ 100,780,960 $ 1,240,413
Liabilities and fund balances
Liabilities:
Accounts payable $ 1,508,285 $ 503,732 $ -
Due to other funds 638,249 - 1,027,331
Accrued salaries and vacation 100,687 - -
Other accrued liabilities 17,508 - -
Deferred revenue 4,196,039 - -
Totalliabilities 6,460,768 503,732 1,027,331
Fund balances :
Reserved for:
Encumbrances 913,125 9,621,543 -
Inventory/prepaid items 685 - -
Bond Projects - 66,843,594 -
Unreserved - undesignated 14,265,514 23,812,091 213,082
Total fund balances 15,179,324 100,277,228 213,082
Total liabilities and fund balances $ 21,640,092 $ 100,780,960 $ 1,240,413
90
Permanent
Fund Total Nonmajor
Governmental
Perpetual Care - II Funds
$ 181,328 $ 52,736,130
- 1,478,972
- 2,467,447
- 3,362,263
- 685
- 63,797,296
338,625 338,625
$ 519,953 $ 124,181,418
$ - $ 2,012,017
- 1,665,580
- 100,687
- 17,508
- 4,196,039
- 7,991,831
- 10,534,668
- 685
- 66,843,594
519,953 38,810,640
519,953 116,189,587
$ 519,953 $ 124,181,418
91
AUGUSTA, GEORGIA
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
Nonmajor Governmental Funds
Year Ended December 31, 2010
Special Capital Debt
Revenue Project Service
Funds Funds Funds
Revenues
Taxes - property $ 11,077,927 $ - $ -
Taxes - other than property 13,291,863 - -
Licenses and permits 2,999,479 - -
Use of money and property 180,515 373,079 50,748
Charges for current services 7,206,807 - -
Fines and forfeitures 562,883 - -
Intergovernmental 5,512,521 275,447 -
Contributions and donations 2,144,780 - -
Other 826,311 - -
Total revenues 43,803,086 648,526 50,748
Expenditures
Current:
General government 3,413,362 542,617 -
Judicial 331,702 - -
Public safety 3,827,503 213,550 -
Public works 4,861,006 1,430,118 -
Culture and recreation 3,736,927 62,897 -
Housing and development 10,623,060 - -
Capital outlay 2,176,628 3,511,578 -
Debt service 1,088,310 - 11,260,008
Intergovernmental - 250,000 -
Total expenditures 30,058,498 6,010,760 11,260,008
Excess (deficiency) of revenues
over (under) expenditures 13,744,588 (5,362,234) (11,209,260)
Other financing sources (uses)
Transfers in 1,078,570 - 9,697,900
Transfers (out) (12,542,919) - -
Transfers in (out) between nonmajor funds (1,796,027) 48,689,377 (46,893,350)
Bonds proceeds - - 44,070,000
Premium on bonds sold - - 3,635,264
Total other financing sources (uses) � (13,260,376) 48,689,377 10,509,814
Net change in fund balances 484,212 43,327,143 (699,446)
Fund balance - beginning 14,695,112 56,950,085 912,528
Fund balance - ending $ 15,179,324 $ 100,277,228 $ 213,082
92
Permanent
Fund Total Nonmajor
Governmental
P erpetual Care - I Funds
$ - $ 11,077,927
- 13,291,863
- 2,999,479
21,062 625,404
400 7,207,207
- 562,883
- 5,787,968
- 2,144,780
- 826,311
21,462 44,523,822
- 3,955,979
- 331,702
- 4,041,053
- 6,291,124
- 3,799,824
- 10,623,060
- 5,688,206
- 12,348,318
- 250,000
- 47,329,266
21,462 (2,805,444)
- 10,776,470
- (12,542,919)
- 44,070,000
- 3,635,264
- 45,938,815
21,462 43,133,371
498,491 73,056,216
$ 519,953 $ 116,189,587
93
AUGUSTA, GEORGIA
Combining Balance Sheet
Nonmajor Special Revenue Funds
December 31, 2010
Emergency
Urban Services Telephone Capital Law
District System Outlay Enforcement
Assets
Cash and temporazy investments $ 3,193,989 $ 715,163 $ 3,151,967 $ 271,763
Receivables (net of allowance for doubtful accounts)
Taxes 1,122,171 - 356,801 -
Accounts 842,999 493,283 99,492 5,926
Note - - - -
Prepaid items - - - -
Total assets $ 5,159,159 $ 1,208,446 $ 3,608,260 $ 277,689
Liabilities and fund balances (deficits)
Liabilities:
Accountspayable $ 119,735 $ 51,159 $ 408,465 $ -
Due to other funds - - - -
Accrued salaries and vacation 4,491 50,841 - -
Other accrued liabilities 17,381 - - -
Deferred revenue 452,827 - 172,538 -
Totalliabilities 594,434 102,000 581,003 -
Fund balances (deficits):
Reserved for:
Encumbrances - 2,013 876,942 8,325
Inventory/prepaid items - - - -
Unreserved - undesignated 4,564,725 1,104,433 2,150,315 269,364
Total fund balances (deficits) 4,564,725 1,106,446 3,027,257 277,689
Total liabilities and fund balances (deficits) $ 5,159,159 $ 1,208,446 $ 3,608,260 $ 277,689
94
Hotel/Motel
Tax and Housing and Urban Federal State
Oceupational Special Promotion/ Neighborhood Development Drug Drug
Tax Assessment Tourism Development Action Grant Fund Fund
$ - $ 1,044,661 $ 262,535 $ 182,589 $ 42,372 $ 717,480 $ 605,624
- 256,193 - 643,982 15,855 - -
- - - 3,256,502 ]05,761 - -
- - - 685 - - -
$ - $ 1,300,854 $ 262,535 $ 4,083,758 $ 163,988 $ 717,480 $ 605,624
$ - $ 298,690 $ 262,536 $ 229,749 $ 142 $ 11,906 $ 639
- - - 576,716 31,749 - -
- 3,836 - 22,378 - - -
- 194,418 - 3,376,256 - - -
- 496,944 262,536 4,205,099 31,891 11,906 639
- 1,296 - 15,435 200 7,350 1,495
- - - 685 - - -
- 802,614 (1) (137,461) 131,897 698,224 603,490
- 803,910 (1) (121,341) 132,097 705,574 604,985
$ - $ 1,300,854 $ 262,535 $ 4,083,758 $ 163,988 $ 717,480 $ 605,624
95
AUGUSTA, GEORGIA
Combining Balance Sheet
Nonmajor Special Revenue Funds - Continued
December 31, 2010
5% Victim's Supplemental
Law Crime Juvenille Building
Library Assistance Services Inspection
Assets
Cash and temporary investments $ - $ 93,421 $ 49,034 $ 714,736
Receivables (net of allowance for doubtful accounts)
Taxes - - - -
Accounts 1,547 30,963 1,190 -
Note - - - -
Prepaid items - - - -
Total assets $ 1,547 $ 124,384 $ 50,224 $ 714,736
Liabilities and fund balances (deficits)
Liabilities:
Accounts payable $ - $ 2,481 $ - $ 11,601
Due to other funds 1,547 - - -
Accrued salaries and vacation - 5,458 - 13,683
Other accrued liabilities - 127 - -
Deferred revenue - - - -
Totalliabilities 1,547 8,066 - 25,284
Fund balances (deficits):
Reserved for:
Encumbrances - - - 69
Inventory/prepaid items - - - -
Unreserved - undesignated - 116,318 50,224 689,383
Total fund balances (deficits) - ll6,318 50,224 689,452
Total liabilities and fund balances (deficits) $ 1,547 $ 124,384 $ ' S0,224 $ 714,736
96
Total Nonmajor
NPDES Urban Special
Wireless Perpetual Downtown Canine Permit Transportation Drug Redevelopment Revenue
Phase Care - I Development Forfeitures Fees and Tourism Court Projects Funds
$ 1,901,296 $ 358,646 $ - $ 21,694 $ 124,900 $ 682,263 $ 105,501 $ 91,091 $ 14,330,725
- - - - - - - - 1,478,972
- 3,327 28,449 - - - 44,241 - 2,467,447
- - - - - - - - 3,362,263
- - - - - - - - 685
$ 1,901,296 $ 361,973 $ 28,449 $ 21,694 $ 124,900 $ 682,263 $ 149,742 $ 91,091 $ 21,640,092
$ 8,503 $ 4,065 $ - $ - $ - $ - $ - $ 98,614 $ 1,508,285
- - 28,237 - - - - - 638,249
- - - - - - - - 100,687
- - - - - - - - 17,508
- - - - _ - - - 4,196,039
8,503 4,065 28,237 - - - - 98,614 6,460,768
- - - - - - - - 913,125
- - - - - - - - 685
1,892,793 357,908 212 21,694 124,900 682,263 149,742 (7,523) 14,265,514
1,892,793 357,908 212 21,694 124,900 682,263 149,742 (7,523) 15,179,324
$ 1,901,296 $ 361,973 $ 28,449 $ 21,694 $ 124,900 $ 682,263 $ 149,742 $ 91,09] $ 21,640,092
97
AUGUSTA, GEORGIA
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
Emergency
Urban Services Telephone Capital Law
District System Outlay Enforcement
Revenues
Taxes - property $ 7,478,635 $ - $ 3,599,292 $ -
Taxes- otherthan property 8,663,069 - - -
Licenses and permits - - - -
Use of money and propeRy 32,275 5,724 51,180 1,835
Charges for current services 339,345 3,134,629 - 79,332
Fines and forfeitures - - - -
Intergovernmental - - - -
Contributions and donations - - - -
Other - - - -
Totalrevenues I6,513,324 3,140,353 3,650,472 81,167
Expenditures
CurrenY. �
General govemment 1,502,226 3,323 1,042,971 -
Judicial - - 2,621 -
Public safety - 3,157,174 2,150 37,070
Publicworks 447,350 - 204,135 -
Culture and recreation 6,674 - 156,470 -
Housing and development 320,009 - 48,981 -
Capital outlay - - 1,78'7,226 -
Debt service - - 1,079,354 - �
Total expenditures 2,276,259 3,160,497 4,323,908 37,070
Excess (de6ciency) of revenues
over (under) expenditures 14,237,065 (20,144) (673,436) 44,097
Other financing sources (uses)
Transfers in - 340,000 - -
Transfers (out) (9,977,051) - - -
Transfers in (out) between nonmajor funds (2,834,836) - (1,250,000) -
Total other financing sources (uses) (12,811,887) 340,000 (1,250,000) -
Net change in fund balances (de6cits) 1,425,178 319,856 (1,923,436) 44,097
Fund balance (deficits) - beginning 3,139,547 786,590 4,950,693 233,592
Fund balance (deficits) - ending $ 4,564,725 $ 1,10 $ 3,0 27,257 $ 2
98
Hotel/Motel
Tax and Housing and Urban Federal State
Occupational Special Promotion/ Neighborhood Development Drug Drug
Tax Assessment Tourism Development Action Grant Fund Fund
$ - $ - $ - $ - $ - $ - $ -
- - 4,094,575 - - - -
2,186,476 - - - - - -
1,262 - - - 3,250 5,027 35,290
- 2,059,052 - - - - -
- - - - - 33,311 112,560
- - - 5,512,521 - - -
9,642 - - 811,348 5,321 - -
2,197,380 2,059,052 4,094,575 6,323,869 8,571 38,338 147,850
6,030 15,749 - 152,250 4,070 - -
- - - - - 41,557 32,959
- 4,207,771 - - - - -
- - 3,548,549 - - - -
- - - 6,703,710 23,116 - -
- 95,366 - - - - 288,690
6,030 4,318,886 3,548,549 6,855,960 27,186 41,557 321,649
2,191,350 (2,259,834) 546,026 (532,091) (18,615) (3,219) (173,799)
- 738,570 - - - - -
�2,i91,sso� - - (i2,369� - - -
- 2,037,270 (546,027) 544,460 - - -
(2,191,350) 2,775,840 (546,027) 532,091 - - -
- 516,006 (I) - (18,615) (3,219) (173,799)
- 287,904 - (121,341) 150,712 708,793 778,784
$ - $ 803,910 $ (1) $ (121,341) $ 132,097 $ 705,5�4 $ 604,985
99
AUGUSTA, GEORGIA
Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Continued
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
5% Victim's Supplemental
Law Crime Juvenille Building Wireless
Library Assistance Services Inspection Phase
Revenues
Taxes - property $ - $ - $ - $ - $ -
Taxes - other than property - - - - -
Licenses and permits - - - 798,040 -
Use of money and property - 681 319 5,689 12,549
Charges for current services - - 14,425 - 527,362
Fines and forfeitures - 266,741 - - -
Intergovernmental - - - - -
Contributions and donations - - - - -
Other - - - - -
Total revenues - 267,422 14,744 803,729 539,911
Expenditures
Current:
General government - 6,750 1,040 32,680 -
Judicial - 325,581 3,500 - -
Public safety - - - - 556,593
Public works - - - - -
Culture and recreation - - - - -
Housing and development - - - 947,727 -
Capital outlay - - - - -
Debt service - - - - -
Total expenditures - 332,331 4,540 980,407 556,593
Excess (deficiency) of revenues
over (under) expenditures - (64,909) 10,204 (176,678) (16,682)
Other financing sources (uses)
Transfers in - - - - -
Transfers (out) - - - (12,149) -
Transfers in (out) between nonmajor funds - - - - -
Total other financing sources (uses) - - - (12,149) -
Net change in fund balances (deficits) - (64,909) 10,204 (188,827) (16,682)
Fund balance (deficits) - beginning - 181,227 40,020 878,279 1,909,475
Fund balance (deficits) - ending $ - $ 116,318 $ 50,224 $ 689 ,452 $ 1,89 2,793
100
Urban Total Nonmajor
Perpetual Downtown Canine NPDES Transportation Drug Redevelopment Special Revenue
Care - I Development Forefeitures Permit Fees and Tourism Court Projects Funds
$ - $ - $ - $ - $ - $ - $ - $ 11,077,927
- 534,219 - - - - - 13,291,863
- - - 14,963 - - - 2,999,479
20,254 - 147 843 3,601 589 - 180,515
- - - - 1,052,662 - - 7,206,807
- - 1,883 - - 148,388 - 562,883
- - - - - - - 5,512,521
- - - - - - 2,144,780 2,144,780
- - - - - - - 826,311
20,254 534,219 2,030 15,806 1,056,263 148,977 2,144,780 43,803,086
- 631,282 - - - 14,991 - 3,413,362
- - - - - - - 331,'702
- - - - - - - 3,827,503
- - - 1,750 - - - 4,861,006
25,234 - - - - - - 3,736,927
- 154,610 - - 280,127 - 2,144,780 10,623,060
5,346 - - - - - - 2,176,628
- 1,433 - - - - 7,523 1,088,310
30,580 787,325 - 1,750 28Q127 14,991 2,152,303 30,058,498
(]0,326) (253,106) 2,030 14,056 776,136 133,986 (7,523) 13,744,588
- - - - - - - 1,078,570
- - - - �3so,000> - - �i2,s4z,9i9>
- 253,106 - - - - - (1,796,027)
- 253,106 - - (350,000) - - (13,260,376)
(10,326) - 2,030 14,056 426,136 133,986 (7,523) 484,212
368,234 212 19,664 110,844 256,127 15,756 - 14,695,112
$ 357,908 $ 212 $ 21,694 $ 124,900 $ 682,263 $ 149,742 $ (7,523) $ 15,179,324
101
AUGUSTA, GEORGIA
Urban Services District Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Taxes - property $ 7,466,983 $ 7,478,635 $ 11,652 $ 7,839,331
Taxes - other than property 8,220,000 8,663,069 443,069 8,637,125
Use of money and property 75,000 32,275 (42,725) 64,746
Charges for current services 315,000 339,345 24,345 376,887
Total revenues 16,076,983 16,513,324 436,341 16,918,089
Expenditures
Current:
General government 1,439,120 1,502,226 (63,106) 1,360,254
Public works 434,140 447,350 (13,210) 373,455
Culture and recreation 7,350 6,674 676 6,672
Housing and development 345,638 320,009 25,629 341,525
Total expenditures 2,226,248 2,276,259 (50,011) 2,081,906
Excess (deficiency) of revenues
over (under) expenditures 13,850,735 14,237,065 386,330 14,836,183
Other financing sources (uses)
Transfers (out) (11,260,590) (9,977,051) 1,283,539 (11,440,280)
Transfers in (out) between nonmajor funds (2,590,145) (2,834,836) (244,691) (2,614,983)
Total other financing sources (uses) (13,850,735) (12,811,887) 1,038,848 (14,055,263)
Net change in fund balances $ - 1,425,178 $ 1,425,178 780,920
Fund balance - beginning 3,139,547 2,358,627
Fund balance - ending $ 4,564,725 $ 3,139,547
102
AUGUSTA, GEORGIA
Emergency Telephone System Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ 8,000 $ 5,724 $ (2,276) $ 10,241
Charges for current services 2,928,180 3,134,629 206,449 2,794,286
Total revenues 2,936,180 3,140,353 204,173 2,804,527
Expenditures
Current:
General government 3,670 3,323 347 3,326
Public safety 3,433,890 3,157,174 276,716 3,389,542
Capital outlay 10,000 - 10,000 89,543
Total expenditures 3,447,560 3,160,497 287,063 3,482,411
Excess (deficiency) of revenues
over (under) expenditures (511,380) (20,144) 491,236 (677,884)
Other financing sources (uses)
Transfers in 340,000 340,000 - 340,000
Total other financing sources (uses) 340,000 340,000 - 340,000
Net change in fund balances $ (171,380) 319,856 $ 491,236 (337,884)
Fund balance - beginning 786,590 1,124,474
Fund balance - ending $ 1,106,446 $ 786,590
103
AUGUSTA, GEORGIA
Capital Outlay Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Taxes - property $ 3,511,344 $ 3,599,292 $ 87,948 $ 3,784,415
Use of money and property - 51,180 51,180 58,336
Total revenues 3,511,344 3,650,472 139,128 3,842,751
ExPenditures
Current:
General government 1,403,115 1,042,971 360,144 1,227,771
Judicial 2,600 2,621 (21) 62,130
Public safety 2,160 2,150 10 -
Public works 315,079 204,135 110,944 62,738
Culture and recreation 190,825 156,470 34,355 203,202
Housing and development 50,000 48,981 1,019 103,699
Capital outlay 3,093,204 1,787,226 1,305,978 1,052,661
Debt service 1,079,358 1,079,354 4 1,438,340
Total expenditures 6,136,341 4,323,908 1,812,433 4,150,541
Excess (deficiency) of revenues
over (under) expenditures (2,624,997) (673,436) 1,951,561 (307,790)
Other financing sources (uses)
Transfers in 1,250,000 - (1,250,000) -
Transfers (out) - - - (179,815)
Transfers in (out) between nonmajor funds (1,250,000) (1,250,000) - -
Total other financing sources (uses) - (1,250,000) (1,250,000) (179,815)
Net change in fund balances $ (2,624,997) (1,923,436) $ 701,561 (487,605)
Fund balance - beginning 4,950,693 5,438,298
Fund balance - ending $ 3,027,257 $ 4,950,693
104
AUGUSTA, GEORGIA
Law Enforcement Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ - $ 1,835 $ 1,835 $ 3,315
Charges for current services 200,000 79,332 (120,668) 391,459
Total revenues 200,000 81,167 (118,833) 394,774
Expenditures
Current:
Public safety 200,000 37,070 162,930 70,149
Capital outlay - - - 55,570
Total expenditures 200,000 37,070 162,930 125,719
Excess (deficiency) of revenues
over (under) expenditures - 44,097 44,097 269,055
Other financing sources (uses)
Transfers (out) - - - (500,000)
Total other financing sources (uses) - - - (500,000)
Net change in fund balances $ - 44,097 $ 44,097 (230,945)
Fund balance - beginning 233,592 464,537
Fund balance - ending $ 277,689 $ 233,592
105
AUGUSTA, GEORGIA
Occupation Tax Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Licensesandpermits $ 2,400,000 $ 2,186,476 $ (213,524) $ 2,193,810
Use of money and property 20,000 1,262 (18,738) 3,022
Other - 9,642 9,642 5,226
Total revenues 2,420,000 2,197,380 (222,620) 2,202,058
Expenditures
Current:
General government 6,030 6,030 - 5,360
Total expenditures 6,030 6,030 - 5,360
Excess (deficiency) of revenues
over(under)expenditures 2,413,970 2,191,350 (222,620) 2,196,698
Other financing sources (uses)
Transfers (out) (2,413,970) (2,191,350) 222,620 (2,196,698)
Total other financing sources (uses) (2,413,970) (2,191,350) 222,620 (2,196,698)
Net change in fund balances $ - - $ - -
Fund balance - beginning - -
Fund balance - ending $ - $ -
106
AUGUSTA, GEORGIA
Special Assessment Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Charges for current services $ 2,030,000 $ 2,059,052 $ 29,052 $ 2,051,472
Use of money and property - - - 750
Total revenues 2,030,000 2,059,052 29,052 2,052,222
Expenditures
Current:
General government 45,000 15,749 29,251 15,660
Public works 4,660,840 4,207,771 453,069 4,231,407
Capital outlay 100,000 95,366 4,634 30,866
Total expenditures 4,805,840 4,318,886 486,954 4,277,933
Excess (deficiency) of revenues
over (under) expenditures (2,775,840) (2,259,834) 516,006 (2,225,711)
Other financing sources (uses)
Transfers in 738,570 738,570 - 750,000
Transfers in (out) between nonmajor funds 2,037,270 2,037,270 - 1,719,860
Total other financing sources (uses) 2,775,840 2,775,840 - 2,469,860
Net change in fund balances $ - 516,006 $ 516,006 244,149
Fund balance - beginning 287,904 43,755
Fund balance - ending $ 803,910 $ 287,904
107
AUGUSTA, GEORGIA
HoteUMotel Tax and Promotion/Tourism Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances (Deficit)
Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Ta7ces - other than property $ 4,245,000 $ 4,094,575 $ (150,425) $ 4,637,904
Total revenues 4,245,000 4,094,575 (150,425) 4,637,904
Expenditures
Current:
Culture and recreation 4,245,000 3,548,549 696,451 4,637,903
Total expenditures 4,245,000 3,548,549 696,451 4,637,903
Excess (deficiency) of revenues
over (under) expenditures - 546,026 546,026 1
Transfers in (out) between nonmajor funds - (546,027) (546,027) -
Total other financing sources (uses) - (546,027) (546,027) -
Net change in fund balances $ - (1) $ (1) 1
Fund balance (deficit) - beginning - (1)
Fund balance (deficit) - ending $ (1) � $ -
108
AUGUSTA, GEORGIA
Housing and Neighborhood Development Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances (Deficit)
Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues �
Intergovernmental $ 10,602,740 $ 5,512,521 $ (5,090,219) $ 4,879,990
Other 1,098,290 811,348 (286,942) 1,018,694
Total revenues 11,701,030 6,323,869 (5,377,161) 5,898,684
Expenditures
Current
General government 152,250 152,250 - 154,270
Housing and development 11,769,145 6,703,710 5,065,435 6,560,064
Total expenditures 11,921,395 6,855,960 5,065,435 6,714,334
Excess (deficiency) of revenues
over (under) expenditures (220,365) (532,091) (311,726) (815,650)
Other financing sources (uses)
� Transfers (out) - (12,369) (12,369) (12,410)
Transfers in (out) between nonmajor funds 220,365 544,460 324,095 580,123
Total other financing sources (uses) 220,365 532,091 311,726 567,713
Net change in fund balances $ - - $ - (247,937)
Fund balance - beginning (121,341) 126,596
Fund balance (deficit) - ending $ (121,341) $ (121,341)
109
AUGUSTA, GEORGIA
Urban Development Action Grant Fund (UDAG)
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ 5,300 $ 3,250 $ (2,050) $ 4,789
Intergovernmental - - - 35,000
Other - 5,321 5,321 1,450
Total revenues 5,300 8,571 3,271 41,239
Expenditures
Current:
General government 4,070 4,070 - 8,100
Housing and development 11,800 23,116 (11,316) 836,186
Total expenditures 15,870 27,186 (11,316) 844,286
Excess (deficiency) of revenues
over (under) expenditures (10,570) (18,615) (8,045) (803,047)
Other financing sources (uses)
Transfers in (out) between nonmajor funds - - - 803,818
Total other financing sources (uses) - - - 803,818
Net change in fund balances $ (10,570) (18,615) $ (8,045) 771
Fund balance - beginning 150,712 149,941
Fund balance - ending $ 132,097 $ 150,712
110
AUGUSTA, GEORGIA
Federal Drug Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ - $ 5,027 $ 5,027 $ 8,045
Fines and forfeitures 600,000 33,311 (566,689) 167,897
Total revenues 600,000 38,338 (561,662) 175,942
Expenditures
Current:
Public safety 592,650 41,557 551,093 2,862
Capital outlay 7,350 - 7,350 50,661
Total expenditures 600,000 41,557 558,443 53,523
Excess (deficiency) of revenues
over (under) expenditures - (3,219) (3,219) 122,419
Net change in fund balances $ - (3,219) $ (3,219) 122,419
Fund balance - beginning 708,793 586,374
Fund balance - ending $ 705,574 $ 708,793
111
AUGUSTA, GEORGIA
State Drug Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ - $ 35,290 $ 35,290 $ 10,241
Fines and forfeitures 800,000 112,560 (687,440) 120,219
Intergovernmental - - - 215,703
Total revenues 800,000 147,850 (652,150) 346,163
Expenditures
Current:
Public safety 507,374 32,959 474,415 158,129
Housing and development - - - 238,656
Capital outlay 292,626 288,690 3,936 253,855
Total expenditures 800,000 321,649 478,351 650,640
Excess (deficiency) of revenues
over (under) expenditures - (173,799) (173,799) (304,477)
Net change in fund balances $ - (173,799) $ (173,799) (304,47'7)
Fund balance - beginning 778,784 1,083,261
Fund balance - ending $ 604,985 $ 778,784
112
AUGUSTA, GEORGIA
5% Victim's Crime Assistance Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ 5,000 $ 681 $ (4,319) $ 2,161
Fines and forfeitures 302,500 266,741 ' (35,759) 280,492
Total revenues 307,500 267,422 (40,078) 282,653
Expenditures
Current:
General government 6,750 6,750 - 7,740
Judicial 300,750 325,581 (24,831) 350,844
Total expenditures 307,500 332,331 (24,831) 358,584
Excess (deficiency) of revenues
over (under) expenditures - (64,909) (64,909) (75,931)
Net change in fund balances $ - (64,909) $ (64,909) (75,931)
Fund balance - beginning 181,227 257,158
Fund balance - ending $ 11 $ 181,227
113
AUGUSTA, GEORGIA
Supplemental Juvenile Service Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ - $ 319 $ 319 $ 438
� Charges for current services 15,000 14,425 (575) 6 475
,
Total revenues 15,000 14,744 (256) 6,913
Expenditures
Current:
General government 1,040 1,040 - 1,580
Judicial 15,000 3,500 I1,500 2,990
Total expenditures 16,040 4,540 11,500 4,570
Excess (deficiency) of revenues
over (under) expenditures (1,040) 10,204 11,244 2,343
Net change in fund balances $ (1,040) 10,204 $ 11,244 2,343
Fund balance - beginning 40,020 37,677
Fund balance - ending $ 50,224 $ 40,020
114
AUGUSTA, GEORGIA
Building Inspection
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Licenses and permits $ 1,084,140 $ 798,040 $ (286,100) $ 1,024,801
Use of money and property 8,000 5,689 (2,311) 11,664
Total revenues 1,092,140 803,729 (288,411) 1,036,465
Expenditures
Current:
General government 93,145 32,680 60,465 26,030
Housing and development 998,995 947,727 51,268 935,310
Capital outlay - - - 185,508
Total expenditures 1,092,140 980,407 111,733 1,146,848
Excess (deficiency) of revenues
over (under) expenditures - (176,678) (176,678) (110,383)
Other financing sources (uses)
Transfers (out) - (12,149) (12,149) (12,410)
Total other financing sources (uses) - (12,149) (12,149) (12,410)
� Net change in fund balances $ - (188,827) $ (188,827) (122,793)
Fund balance - beginning 878,279 1,001,072
Fund balance - ending $ 689,452 $ 878,279
I15
AUGUSTA, GEORGIA
Wireless Phase Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ 9,000 $ 12,549 $ 3,549 $ 17,627
Charges for current services 594,540 527,362 (67,178) 867,354
Total revenues 603,540 539,911 (63,629) 884,981
Expenditures
Current:
Public safety 603,540 556,593 46,947 273,407
Total expenditures 603,540 556,593 46,947 273,407
Excess (deficiency) of revenues
over (under) expenditures - (16,682) (16,682) 611,574
Net change in fund balances $ - (16,682) $ (16,682) 611,574
Fund balance - beginning 1,909,475 1,297,901
Fund balance - ending $ 1,892,793 $ 1,909,475
116
AUGUSTA, GEORGIA
Perpetual Care - I Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ 79,800 $ 20,254 $ (59,546) $ 27,387
Total revenues 79,800 20,254 (59,546) 27,387
Expenditures
Current:
Culture and recreation 58,800 25,234 33,566 46,380
Capital outlay 21,000 5,346 15,654 -
Total expenditures 79,800 30,580 49,220 46,380
Excess (deficiency) of revenues
over (under) expenditures - (10,326) (10,326) (18,993)
Net change in fund balances $ - (10,326) $ (10,326) (18,993)
Fund balance - beginning 368,234 387,227
Fund balance - ending $ 357,908 $ 368,234
117
AUGUSTA, GEORGIA
Downtown Development Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances (Deficit)
Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Taxes - other than property $ 497,870 $ 534,219 $ 36,349 $ 497,832
Total revenues 497,870 534,219 36,349 497,832
Expenditures
Current:
General government 657,770 631,282 26,488 628,214
Housing and development 154,610 154,610 - 181,090
Debt service 18,000 1,433 16,567 3,318
Total expenditures 830,380 787,325 43,055 812,622
Excess (deficiency) of revenues
over (under) expenditures (332,510) (253,106) 79,404 (314,790)
Other financing sources (uses)
Transfers in (out) between nonmajor funds 332,510 253,106 (79,404) 315,000
Total other financing sources (uses) 332,510 253,106 (79,404) 315,000
Net change in fund balances (deficit) $ - - $ - 210
Fund balance (deficit) - beginning 212 2
Fund balance - ending � $ 2l2 $ 212
118
AUGUSTA, GEORGIA
Canine Forfeitures
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ - $ 147 $ 147 $ 212
Fines and farfeitures 20,000 1,883 (18,117) 595
Total revenues 20,000 2,030 (17,970) 807
Expenditures
Current:
Public safety 20,000 - 20,000 -
Total expenditures 20,000 - 20,000 -
Excess (deficiency) of revenues
over (under) expenditures - 2,030 2,030 807
Net change in fund balances $ - 2,030 $ 2,030 807
Fund balance - beginning 19,664 18,857
Fund balance - ending $ 21,694 $ 19,664
119
AUGUSTA, GEORGIA
NPDES Permit Fees
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Licenses and permits $ 30,000 $ 14,963 $ (15,037) $ 6,391
Use of money and property 1,370 843 (527) 1,299
Total revenues 31,370 � 15,806 (15,564) 7,690
Expenditures
Current:
Public works 31,370 1,750 29,620 -
Total expenditures 31,370 1,750 29,620 -
Excess (deficiency) of revenues
over (under) expenditures - 14,056 14,056 7,690
Net change in fund balances $ - 14,056 $ 14,056 7,690
Fund balance - beginning ll 0,844 103,154
Fund balance - ending $ 124,900 $ 110,844
120
AUGUSTA, GEORGIA
Transportation and Tourism
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and properry $ - $ 3,601 $ 3,601 $ 2,795
Charges for current services 930,000 1,052,662 122,662 997,000
Total revenues 930,000 1,056,263 126,263 999,795
Expenditures
Current:
Housing and development 280,127 280,127 - -
Total expenditures 280,127 280,127 - -
Excess (deficiency) of revenues
over (under) expenditures 649,873 776,136 126,263 999,795
Other financing sources (uses)
Transfers (out) (900,000) (350,000) 550,000 (350,000)
Transfers in (out) between nonmajor funds - - - (803,818)
Total other financing sources (uses) (900,000) (350,000) 550,000 (1,153,818)
Net change in fund balances $ (250,127) 426,136 $ 676,263 (154,023)
Fund balance - beginning 256,127 410,150
Fund balance - ending $ 682,263 $ 256,127
121
AUGUSTA, GEORGIA
Drug Court
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actuai
Revenues
Use of money and property $ - $ 589 $ 589 $ 60
Fines and forfeitures 135,000 148,388 13,388 26,096
Total revenues 135,000 148,977 13,977 26,156
Expenditures
Current:
General government 135,000 14,991 120,009 10,400
Total expenditures 135,000 14,991 120,009 10,400
Excess (deficiency) of revenues
over (under) expenditures - 133,986 133,986 15,756
Net change in fund balances $ - 133,986 $ 133,986 15,756
Fund balance - beginning 15,756 -
Fund balance - ending $ 149,742 $ 15,756
122
AUGUSTA, GEORGIA
Urban Redevelopment Projects
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Special Revenue Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Amended Positive 2009
Budget Actual (Negative) Actual
Revenues
Contributions and donations $ 3,851,000 $ 2,144,780 $ (1,706,220) $ -
Total revenues 3,851,000 2,144,780 (1,706,220) -
Expenditures
Housing and development 3,851,000 2,144,780 1,706,220 -
Debt service - 7,523 (7,523) -
Total expenditures 3,851,000 2,152,303 1,698,69? -
Excess (deficiency) of revenues
over (under) expenditures - (7,523) (7,523) -
Net change in fund balances $ - (7,523) $ (7,523) -
Fund balance - beginning - -
Fund balance - ending $ (7,523) $ -
123
AUGUSTA, GEORGIA
Combining Balance Sheet
Nonmajor Debt Service Funds
December 31, 2010
Coliseum
2006 GO Sales 2009 GO Sales Authority Total Nonmajor
Tax Bonds Tax Bonds 2010 GO Bonds Revenue Bonds Debt Service
Debt Service Debt Service Debt Service Debt Service Funds
Assets
Cash and temporary investments $ 15,206 $ - $ - $ - $ 15,206
Restricted assets
Reserve account � - 1,028,749 125,108 71,350 1,225,207
Total assets $ 15,206 $ 1,028,749 $ 125,108 $ 71,350 $ 1,240,413
Liabilities and fund balances
Liabilities:
Due to other funds $ - $ 1,027,331 $ - $ - $ 1,027,331
Totalliabilities - 1,027,331 - - 1,027,331
Fund balances:
Unreserved - undesignated 15,206 1,418 125,108 71,350 213,082
Total fund balances 15,206 1,418 125,108 71,350 213,082
Total liabilities and fund balances $ 15,206 $ 1,028,749 $ 125,108 $ 71,350 $ 1,240,413
124
AUGUSTA, GEORGIA
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
Nonmajor Debt Service Funds
Year Ended December 31, 2010
Coliseum
2006 GO Sales 2009 GO Sales Authority Total Nonmajor
Tax Bonds Tax Bonds 2010 GO Bonds Revenue Bonds Debt Service
Debt Service Debt Service Debt Service Debt Service Funds
Revenues
Use of money and property $ - $ 40,575 $ - $ 10,173 $ 50,748
Total revenues - 40,575 - 10,173 50,748
Expenditures
Debt service 9,698,400 935,979 247,986 377,643 11,260,008
Total expenditures 9,698,400 935,979 247,986 377,643 11,260,008
Excess (deficiency) of revenues
over (under) expenditures (9,698,400) (895,404) (247,986) (367,470) (11,209,260)
Other financing sources (uses)
Transfers in 9,697,900 - - - 9,697,900
Transfers in (out) between nonmajor funds - - (22,893,350) (24,000,000) (46,893,350)
Bondsproceeds - - 21,950,000 22,120,000 44,070,000
Premium on bondssold - - 1,316,444 2,318,820 3,635,264
Total other financing sources (uses) 9,697,900 - 373,094 438,820 10,509,814
� Net change in fund balances (500) (895,404) 125,108 71,350 (699,446)
Fund balance - beginning 15,706 896,822 - - 912,528
Fund balance - ending $ 15,206 $ 1 ,418 $ 125 ,108 $ 71,350 $ 213 , 0 82
125
AUGUSTA, GEORGIA
2006 GO Sales Tax Bonds Debt Service Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Debt Service Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ 750 $ - $ (750) $ -
Total revenues 750 - (750) -
Expenditures
Debt service 9,698,650 9,698,400 250 9,706,800
Total expenditures 9,698,650 9,698,400 250 9,706,800
Excess (de�ciency) of revenues
over (under) expenditures (9,697,900) (9,698,400) (500) (9,706,800)
Other financing sources (uses)
Transfers in 9,697,900 9,697,900 - 9,707,050
Total other financing sources (uses) 9,697,900 9,697,900 - 9,707,050
Net change in fund balances $ - (500) $ (500) 250
Fund balance - beginning 15,706 15,456
Fund balance - ending $ 15,206 $ 15,706
126
AUGUSTA, GEORGIA
2009 GO Sales Tax Bonds Debt Service Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Debt Service Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ 41,500 $ 40,575 $ (925) $ -
Total revenues 41,500 40,575 (925) -
Expenditures
Debt service 937,180 935,979 1,201 91,352
Total expenditures 937,180 935,979 1,201 91,352
Excess (de�ciency) of revenues
over (under) expenditures (895,680) (895,404) 276 (91,352)
Other financing sources (uses)
Transfers in (out) between nonmajor funds - - - (31,533,270)
Bonds proceeds - - - 30,550,000
Premium on bonds sold - - - 1,971,444
Total other financing sources (uses) - - - 988,174
Net change in fund balances $ (895,680) (895,404) $ 276 896,822
Fund balance - beginning 896,822 -
Fund balance - ending $ 1,418 $ 896,822
127
__ _
AUGUSTA, GEORGIA
2010 GO Sales Tax Bonds Debt Service Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual
Nonmajor Debt Service Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Positive 2009
Budget Actual (Negative) Actual
Expenditures
Debt service $ 373,095 $ 247,986 $ 125,109 $ -
Total expenditures 373,095 247,986 125,109 -
Excess (deficiency) of revenues
over (under) expenditures (373,095) (247,986) 125,109 -
Other financing sources (uses)
Transfers in (out) between nonmajor funds (22,893,350) (22,893,350) - -
Bonds proceeds 21,950,000 21,950,000 - -
Premium on bonds sold 1,316,445 1,316,444 (1) -
Total other financing sources (uses) 373,095 373,094 (1) -
Net change in fund balances $ - 125,108 $ 125,108 -
Fund balance - beginning - -
Fund balance - ending $ 125,108 $ -
128
AUGUSTA, GEORGIA
Coliseum Authority Revenue Bonds Debt Service Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual _
Nonmajor Debt Service Funds
Year Ended December 31, 2010
With comparative amounts for December 31, 2009
Variance with
Final Budget -
Positive 2009
Budget Actual (Negative) Actual
Revenues
Use of money and property $ - $ 10,173 $ 10,173 $ - _
Total revenues - 10,173 10,173 -
Expenditures
Debt service 438,820 377,643 61,177 -
Total expenditures 438,820 377,643 61,177 -
Excess (deficiency) of revenues
over (under) expenditures (438,820) (367,470) 71,350 -
Other financing sources (uses)
Transfers in (out) between nonmajor funds (24,000,000) (24,000,000) - -
Bonds proceeds 22,120,000 22,120,000 - -
Premium on bonds sold 2,318,820 2,318,820 - -
Total other financing sources (uses) 438,820 438,820 - -
Net change in fund balances $ - 71,350 $ 71,350 -
Fund balance - beginning - -
Fund balance - ending $ 71 ,350 $ -
129
AUGUSTA, GEORGIA
Combining Balance Sheet
Nonmajor Capital Project Funds
December 31, 2010
Commu�ity Special Sales Special Sales
Development Tax Phase II Tax Phase III
Assets
Cash and temporary inveshnents $ 137,697 $ 2,511,121 $ 28,478,123
Restricted assets
Reserve account - - -
Total assets 137,697 2,511,121 28,478,123
Liabilities and fund balances
Liabilities:
Accounts payable $ - $ 19,374 $ 240,611
Totalliabilities � - 19,374 240,6ll
Fund balances:
Encumbrances - 275,162 6,603,864
Bond Projects - - -
Unreserved - undesignated 137,697 2,216,585 21,633,648
Total fund balances 137,697 2,491,747 28,237,512
Total liabilities and fund balances $ 137,697 $ 2,511,121 $ 28,478,123
130
Coliseum and Total Nonmajor
Special Sales TEE Center Capital Project
Tax Phase VI Capital Projects Funds
$ 6,535,903 $ 546,027 $ 38,208,871
38,572,089 24,000,000 62,572,089
45,107,992 � 24,546,027 100,780,960
$ 243,747 $ - $ 503,732
243,747 - 503,732
2,742,517 - 9,621,543
42,843,594 24,000,000 66,843,594
(721,866) 546,027 23,812,091
44,864,245 24,546,027 100,277,228
$ 45,107,992 $ 24,546,027 $ 100,78Q960
131
AUGUSTA, GEORGIA
Combining Statement of Revenues, Expenditures and Changes in Fund Balances
Nonmajor Capital Project Funds
Year Ended December 31, 2010
Community Special Sales Special Sales
Development Tax Phase II Tax Phase III
Revenues
Use of money and property $ - $ 37,575 $ 302,529
Intergovernmental - - 275,447
Total revenues - 37,575 577,976
Expenditures
Current:
General government - 4,010 217,960
Public safety - - -
Public works - 129,867 1,30Q251
Culture and recreation - - 250
Capital outlay - - 3,511,578
Intergovernmental - - -
Total expenditures - 133,877 5,030,039
Excess (deficiency) of revenues
over(under)expenditures - (96,302) (4,452,063)
Other financing sources (uses)
Transfers in (out) between nonmajor funds - - -
Total other financing sources (uses) - - -
Net change in fund balances - (96,302) (4,452,063)
Fund balance - beginning 137,697 2,588,049 32,689,575
Fund balance - ending $ 1 $ 2, 491,747 $ 28,
132
Coliseum and Total Nonmajor
Special Sales TEE Center Capital Project
Tax Phase VI Capital Projects Funds
' $ 32,975 $ - $ 373,079
- - 275,447
32,9'75 - 648,526
320,647 - 542,617
213,550 - 213,550
- - 1,430,118
62,647 - 62,897
- - 3,511,578
250,000 - 250,000
846,844 - 6,010,760
(813,869) - (5,362,234)
24,143,350 24,546,027 48,689,377
24,143,350 24,546,027 48,689,377
23,329,481 24,546,027 43,327,143
21,534,764 - 56,950,085
$ 44,864,245 $ 24,546,027 $ 100,277,228
133
AUGUSTA, GEORGIA
Combining Statement of Net Assets
Nonmajor Enterprise Funds
December 31, 2010
Municipal
Waste Golf
Management Course Transit
Assets
Current assets
Cash and temporary investments $ 12,877,551 $ - $ 150
Receivables
Accounts 1,190,983 20,302 2,254,120
Interest - - -
Inventory - 6,617 233,476
Total cunent assets 14,068,534 26,919 2,487,746
Noncurrent assets
Restricted cash and investments 9,514,065 - -
Deferred bond issuance costs 584,783 - -
Capital assets, net 38,377,308 1,335,289 4,563,358
Total noncurrent assets 48,476,156 1,335,289 4,563,358
Total assets 62,544,6 0 1,3 2,208 7,051,10
Liabilities
Current liabilities
Accounts payable 1,059,208 19,915 299,527
Due to other funds - 31,166 649, ll 1
Accrued salaries and vacation 66,562 5,719 162,183
Other accrued liabilities 218,759 - -
Current portion of leases payable to GMA Lease Fund 294,364 - -
Current portion of revenue bonds payable 785,000 - -
Total current liabilities 2,423,893 56,800 1,110,821
Noncurrent liabilities
Closure/postclosure accrual 16,245,410 - -
Revenue bonds payable 10,789,554 - -
Capital leases payable to GMA Lease Fund 648,202 - -
Total noncurrent liabilities 27,683,166 - -
Totalliabilities 30,107,059 56,800 1,110,821
Net assets (deficit)
Invested in capital assets, net of related debt 35,371,561 1,335,289 4,563,358
Restricted for debt service 2,692 - -
Unrestricted (2,936,622) (29,881) 1,376,925
Total net assets (deficit) $ 32,437,631 $ 1,305,408 $ 5,940,283
136
Daniel Total Nonmajor
Field Garbage Enterprise
Airport Collection Fu
$ 581,965 $ 6,978,661 $ 20,438,327
114,407 2,223,541 5,803,353
583 - 583
- - 240,093
696,955 9,202,202 26,482,356
- - 9,514,065
- - 584,783
1,747,621 1,654,415 47,677,991
1,747,621 1,654,415 57,776,839
2,4 4,57 1,856,617 84, 5,195
42,450 977,884 2,398,984
291,124 - 971,401
- 22,187 256,651
- - 218,759
- 806,279 1,100,643
- - 785,000
333,574 1,806,350 5,731,438
- - 16,245,410
- - 10,789,554
- 471,963 1,120,165
- 471,963 28,155,129
333,574 2,278,313 33,886,567
1,747,621 376,173 43,394,002
- - 2,692
363,381 8,202,131 6,975,934
$ 2,111,002 $ 8,578,304 $ 50,372,628
137
AUGUSTA, GEORGIA
Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets
Nonmajor Enterprise Funds
Year Ended December 31, 2010
Municipal
Waste Golf
Management Course Transit
Operating revenues
Charges and fees $ 9,715,639 $ 376,892 $ 727,297
Total operating revenues 9,715,639 376,892 727,297
Operating expenses
Personal services and
employee benefits 1,185,571 317,264 3,080,446
Purchased/contracted services 276,487 66,751 141,622
Supplies 965,490 132,455 657,491
Repairs and maintenance 1,709,227 30,184 250,619
Interfund/interdepartmental charges 309,647 48,890 211,884
Depreciation 1,154,380 32,510 597,252
Closure/postclosure accrual 750,675 - -
Total operating expenses 6,351,477 628,054 4,939,314
Operating income (loss) 3,364,162 (251,162) (4,212,017)
Nonoperating revenue (expense)
Interest revenue 99,258 - 18,496
Sale of property 14,828 - 3,506
Other revenue (11) 23,383 846
Intergovernmental - - 3,733,226
Interest expense (109,517) (417) -
Total nonoperating revenue (expense) 4,558 22,966 3,756,074
Income (loss) before transfers 3,368,720 (228,196) (455,943)
Transfers in - 230,200 1,900,000
Transfers out (125,000) - -
Change in net assets 3,243,720 2,004 1,444,057
Total net assets (deficit) - beginning 29,193,911 1,303,404 4,496,226
Total net assets (deficit) - ending $ 32,437,631 $ 1,305,408 $ 5,940,283
138
Daniel
Field Garbage
Airport Collection Total
$ 101,029 $ 15,626,417 $ 26,547,274
101,029 15,626,417 26,547,274
25,165 353,646 4,962,092
14,791 14,302,881 14,802,532
13,347 74,664 1,843,447
26,843 5,283 2,022,156
15,844 42,350 628,615
84,504 796,284 2,664,930
- - 750,675
180,494 15,575,108 27,674,447
(79,465) 51,309 (1,127,173)
2,097 50,795 170,646
- - 18,334
38,880 - 63,098
155,602 - 3,888,828
- - (109,934)
196,579 50,795 4,030,972
117,114 102,104 2,903,799 �
- 2,947,301 5,077,501
- - (125,000)
117,114 3,049,405 7,856,300
1,993,888 5,528,899 42,516,328
$ 2,111,002 $ 8,578,304 $ 50,372,628
139
AUGUSTA, GEORGIA
Combining Statement of Cash Flows
Nonmajor Enterprise Funds
Year Ended December 31, 2010
Municipal
Waste Golf
Management Course Transit
Operating activities
Cash received from customers 9,514,149 $ 375,629 $ 727,297
Cash advanced from other funds - - -
Cash paid to suppliers (2,689,641) (225,888) (1,418,707)
Cash paid to employees (1,166,924) (328,276) (3,069,821)
Cash paid for interfund services used (309,647) (74,631) 437,227
Net cash provided by (used
in) operating activities 5,347,937 (253,166) (3,324,004)
Noncapital financing activities
Transfers in - 230,200 1,900,000
Transfers out (125,000) - -
Operating grants - - 72,070
Interest expense on operating capital - 22,393 -
Net cash provided by noncapital
financing activities (125,000) 252,593 1,972,070
Capital and related financing activities
Proceeds from sale of property 156,948 - 3,506
Proceeds from grants - - 2,161,432
Proceeds from capital leases 353,318 - -
Proceeds from bonds issued 9,390,734 - -
Payments on bonds issued (1,700,000) - -
Payments on capital leases (193,316) - -
Payment of bond issue costs (285,629) - -
Purchase of capital assets (9,934,738) - (1,713,886)
Interest paid on capital debt (123,496) - � -
Other miscellaneous income (11) � 573 846
Net cash provided by (used in) capital
and related financing activites (2,336,190) 573 451,898
Investing activities
Interest received 99,258 - 18,496
Net cash provided by investing activities 99,258 - 18,496
Net increase (decrease) in cash
and cash equivalents/investments 2,986,005 - (881,540)
Cash and cash equivalents/investments
Beginning of year 19,405,611 - 881,690
End of year $ 22,391,616 $ - $ 1
140
Total Nonmajor
Daniel Field Garbage Enterprise
Airport Collection Funds
$ (13,378) $ 15,198,256 $ 25,801,953
230,134 - 230,134
(12,353) (14,385,217) (18,731,806)
(26,299) (350,413) (4,941,733)
(15,844 (42,350) (5,245)
162,260 420,276 2,353,303
- 2,947,301 5,077,501
- - (125,000)
- - 72,070
- - 22,393
- 2,947,301 5,046,964
- - 160,454
155,602 - 2,317,034
- 175,387 528,705
- - 9,390,734
- - (1,700,000)
- (776,864) (970,180)
- - (285,629)
(156,356) (240,058) (12,045,038)
- - (123,496)
38,880 - 40,288
38,126 (841,535) (2,687,128)
2,206 50,795 170,755
2,206 50,795 170,755
202,592 2,576,837 4,883,894
379,373 4,401,824 25,068,495
$ 581,965 $ 6,978,661 $ 29,952,392
141
AUGUSTA, GEORGIA
Combining Statement of Cash Flows - Continued
Nonmajor Enterprise Funds
Year Ended December 31, 2010
Municipal
Waste Golf
Management Course Transit
Reconciliation of operating income
(loss) to net cash provided by
(used in) operating activities
Operating income (loss) $ 3,364,162 $ (251,162) $ (4,212,017)
Adjustments to reconcile operating
income (loss) to net cash
proided by (used in) operating activities:
Depreciation and amortization 1,154,380 32,510 597,252
Closure/post closure costs 750,675 - -
Accounts receivable � (201,490) (1,263) -
Inventory - 2,941 (27,876)
Accounts payable 302,625 561 (341,099)
Accrued salaries and vacation 18,647 (11,012) 10,625
Other accrued liabilites (41,062) - -
Due to other funds - (25,741) 649,111
Total adjustments 1,983,775 (2,004) 888,013
Net cash provided by (used in)
operating activities $ 5,347,937 $ (253,166) $ (3,324,004)
Reconciliation of cash and cash
equivalents to the balance sheets
Cash and cash equivalents in current assets $ 12,877,551 $ - $ 150
Restricted cash and cash equivalents included
in noncurrent cash and investments 9,514,065 - -
Net cash and cash equivalents $ 22,391,616 $ - $ 150
142
Total Nonmajor
Daniel Field Garbage Enterprise
Airport Collection Funds
$ (79,465) $ 51,309 (1,127,173)
84,504 796,284 2,664,930
- - 750,675
(114,407) (428,161) (745,321)
- - (24,935)
42,628 (2,389) 2,326
� (1,134) 3,233 20,359
- - (41,062)
230,134 - 853,504
241,725 368,967 3,480,476
$ 162,260 $ 420,276 $ 2,353,303
$ 581,965 $ 6,978,661 20,438,327
- - 9,514,065
$ 581,965 $ 6,978,661 $ 29,952,392
143
AUGUSTA, GEORGIA
Combining Statement of Net Assets
Internal Service Funds
December 31, 2010
Risk Fleet Workers
Management Operations Compensation
Assets
Current assets
Cash and temporary investments $ 1,066,055 $ 223,275 $ 175,447
Capital leases receivable from other funds - - -
Prepaid expenses - - -
Total current assets 1,066,055 223,275 175,447
Noncurrent assets
Restricted investments - - 137,769
Capital assets, net 312,721 63,992 -
Total noncurrent assets 312,721 63,992 137,769
Total assets 1,378,776 287,267 313,216
Liabilities
Current liabilities
Accounts payable 50,018 407,065 150,578
Due to other funds - - -
Accrued salaries and vacation 7,172 2,495 -
Other accrued liabilities - 4 -
Total current liabilities 57,190 414,388 150,578
Noncurrent liabilities
Revenue bonds payable - - -
Total noncurrent liabilities - - -
Totalliabilities 57,190 414,388 150,578
Net assets (deficit) �
Invested in capital assets, net of related debt 312,721 63,992 -
Unrestricted 1,008,865 (191,113) 162,638 -
Total net assets (deficit) $ 1,321,586 $ (127,121) $ 1
146
Long-term
Employee Disability GMA
Health Bene Unemploym Insurance Leases Total
$ - $ - $ 15,658 $ - $ 1,480,435
- - - 3,637,402 3,637,402
1,525 - - - 1,525
1,525 - 15,658 3,637,402 5,119,362
- - - 13,518,909 13,656,678
- - - - 376,713
- - - 13,518,909 14,033,391
1,525 - 15,658 17,156,311 19,152,753
- - - 170,637 778,298
1,525 - - 704,350 705,875
_ _ - - 9,667
- - - 9,024 13,852
1,525 - - 884,011 1,507,692
- - - 16,304,100 16,304,100
- - - 16,304,100 16,304,100
1,525 - - 17,188,ll1 17,811,792
_ _ - - 376,713
- - 15,658 (31,800) 964,248
$ - $ - $ 15,658 $ (31,800) $ 1,340,961
147
AUGUSTA, GEORGIA
Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets
Internal Service Funds
Year Ended December 31, 2010
Risk Fleet Workers
Mana�ement Operations Compensation
Operating revenues
Charges and fees $ 1,690,097 $ 5,026,670 $ 2,170,030
Total operating revenues 1,690,097 5,026,670 2,170,030
Operating expenses
Personal services and employee benefits 337,806 119,728 -
Purchased/contracted services 452,208 25,974 -
Supplies 67,439 159,319 -
Repairs and maintenance 220 4,518,263 -
Other costs 3,519 63,367 -
Depreciation 1,722 19,447 -
Lease expense - - -
Risk benefit charges 914,278 125,440 4,600
lnsurance - - 2,165,837
Total operating expenses 1,777,192 5,031,538 2,170,437
Operating income (loss) (87,095) (4,868) (407)
Nonoperating revenue (expense)
Interest revenue 10,030 - 408
Sale of property - 4,669 -
Other revenue 72,320 400 -
Interestexpense - (665) -
Total nonoperating revenue (expense) 82,350 4,404 408
Income (loss) before transfers (4,'745) (464) 1
Transfers in - - -
Transfers between Internal Service Funds - - -
Change in net assets (4,745) (464) 1
Total net assets (deficit) - beginning 1,326,331 (126,657) 162,637
Total net assets (de6cit) - ending $ 1,321,586 $ (127,121) $ 162,638
148
Long-term
Employee Disability GMA
Health Benefits Unemployment Insurance Leases Total
$ 19,830,842 $ 266,580 $ 486,432 $ 2,159,999 $ 31,630,650
19,830,842 266,580 486,432 2,159,999 31,630,650
- - - - 457,534
82,958 - - - 561,140
- - - - 226,758
- - - - 4,518,483
- - - - 66,886
- - - - 21,169
- - - 2,147,048 2,147,048
15,870 - 1,320 - 1,061,508
20,147,454 265,077 486,436 - 23,064,804
20,246,282 265,077 487,756 2,147,048 32,125,330
(415,440) 1,503 (1,324) 12,951 (494,680)
- - - 266,574 277,012
- - - - 4,669
5,633 - - - 78,353
(26,740) (1,503) (224) (279,526) (308,658)
(21,107) (1,503) (224) (12,952) 51,376
(436,547) - (1,548) (1) (443,304)
438,095 - - - 438,095
(1,548) - 1,548 - -
- - - (1) (5,209)
- - 15,658 (31,799) 1,346,170
$ - $ - $ 15,658 $ (31,800) $ 1,340,961
149
AUGUSTA, GEORGIA
Combining Statement of Cash Flows
Internal Service Funds
Year Ended December 31, 2010
Risk Fleet Workers
Management Operations Compensation
Operating activities
Cash received from contributions $ 1,715,322 $ 5,027,424 $ 2,170,030
Cash received from General Fund - - -
Cash paid to suppliers (1,397,787) (4,872,000) (2,171,261)
Cash paid to employees (356,723) (128,549) -
Net cash provided by (used in) operating activities (39,188) 26,875 (1,231)
Noncapital financing activities
Transfers in - - -
Transfers out - - -
Interest earned (expensed) on operating capital - (665) -
Other miscellaneous income 72,320 - -
Net cash provided by (used in) noncapital financing
activities 72,320 (665) -
Capital and related Gnancing activities
Proceeds from sale of property - 7,791 -
Other miscellaneous income � - 400 -
Interest paid on capital debt - - -
Net cash provided by (used in) capital and related
financing activities - 8,191 -
Investing activities
Interest received 10,030 - 408
Net cash provided by investing activities 10,030 - 408
Net increase (decrease) in cash and cash equivalents 43,162 34,401 (823)
Cash and cash equivalents/investments
Beginning of year 1,022,893 188,874 314,039
End of year $ 1,066,055 $ 223,275 $ 313,216
150
Long-term Total
Employee Disability GMA Internal Service
Health Benefits Unemployme Insurance Leases Funds
$ 18,218,327 $ 266,580 $ 486,432 $ 2,159,999 $ 30,044,114
- - - 704,350 704,350
(18,633,767) (265,077) (487,756) (1,716,849) (29,544,497)
- - - - (485,272)
(415,440) 1,503 (1,324) 1,147,500 718,695
438,095 - 1,548 - 439,643
(1,548) - - - (1,548)
�a6,�4o� �l,so3� - - (ag,9os�
5,633 - - - 77,953
415,440 (1,503) 1,548 - 487,140
- - - - 7,791
- - - - 400
- - - (234,611) (234,611)
- - - (234,611) (226,420)
- - (224) 266,574 276,788
- - (224) 266,574 276,788
- - - 1,179,463 1,256,203
- - 15,658 12,339,446 13,880,910
$ - $ - $ 15,658 $ 13,518,909 $ 15,137,113
151
AUGUSTA, GEORGIA
Combining Statement of Cash Flows - Continued
Internal Service Funds
Year Ended December 31, 2010
Risk Fleet Workers
Management Operatio Compensation
Reconciliation of operating income (loss)
to net cash provided by (used in) operating activities
Operating income (loss) $ (87,095) $ (4,868) $ (407)
Adjustments to reconcile operating income (loss)
to net cash provided by (used in) operating
activities:
Depreciation and amortization 1,721 19,447 -
Change in assets and liabilities:
Accounts receivable 25,225 754 -
Prepaid expenses - - -
Accounts payable 39,878 15,535 (824)
Accrued salaries and vacation (18,917) (8,821) -
Other accrued liabilites 4,828
Due to other funds - - -
47,907 31,743 (824)
Net cash provided by (used in) operating activities $ (39,188) $ 26,875 $ (1,231)
Reconciliation of cash and cash equivalents
to the balance sheets
Cash and cash equivalents in current assets $ 1,066,055 $ 223,275 $ 175,447
Restricted cash and cash equivalents included in
noncurrent cash and investments - - 137,769
Net cash and cash equivalents $ 1,066,055 $ 223,275 $ 313,216
152
Long-term Total
Employee Disability GMA Internal Service
Health Benefits Unemployment Insurance Leases Funds
$ (415,440) $ 1,503 $ (1,324) $ 12,951 $ (494,680)
_ _ _ - 21,168
- - - 250,538 276,517
1,612,515 - - - 1,612,515
- - - 170,637 225,226
- - - - (27,738)
9,024 13,852
(1,612,515) - - 704,350 (908,165)
- - - 1,134,549 1,213,375
$ (415,440) $ 1,503 $ (1,324) $ 1,147,500 $ 718,695
$ - $ - $ 15,658 $ - $ 1,480,435
- - - 13,518,909 13,656,678
$ - $ - $ 15,658 $ 13,518,909 $ 15,137,113
153
AUGUSTA, GEORGIA
Combining Statement of Fiduciary Net Assets
Pension Trust Funds
December 31, 2010
1945 General
, Plan Retirement Total
Assets
Cash and cash equivalents $ 1,502,017 $ 4,273,890 $ 5,775,907
Investments
U.S. Government securities 769,979 11,366,858 12,136,837
Corporate bonds 1,047,811 5,006,744 6,054,555
Equity securities 3,573,714 37,965,977 41,539,691
Receivables (net of allowance for doubtful accounts)
Accounts 302,173 1,306,374 1,608,547
Interest 21,302 211,949 233,251
Total assets 7,216,996 60,131,792 67,348,788
Liabilities
Accounts payable 136 136 272
Total liabilities 136 136 272
Net assets
Reserved for employees' retirement benefits $ 7,216,860 $ 60,131,656 $ 67,348,516
158
AUGUSTA, GEORGIA
Combining Statement of Changes in Fiduciary Net Assets
Pension Trust Funds
Year Ended December 31, 2010
1945 General
Plan Retirement Total
Additions
Contributions
Contributions - employer $ 302,173 $ 2,767,136 $ 3,069,309
Contributions - plan member 9,913 328,396 338,309
Total contributions 312,086 3,095,532 3,407,618
Investment earnings
Interest and dividend income 6,189 - 6,189
Net increase (decrease) in fair value of investments (189,326) 3,976,869 3,787,543
Total investment earnings (183,137) 3,976,869 � 3,793,732
Lessinvestmentexpense (33,116) (400,351) (433,467)
Net investment earnings (216,253) 3,576,518 3,360,265
Total additions 95,833 6,672,050 6,767,883
Deductions
Benefit payments 979,295 6,028,324 7,007,619
Netincrease(decrease)in plan netassets (883,462) 643,726 (239,736)
Total net assets - beginning 8,100,322 59,487,930 67,588,252
Total net assets - ending $ 7,216,860 $ 60,131,656 $ 67,348,516
159
AUGUSTA, GEORGIA
Combining Statement of Changes in Fiduciary Assets and Liabilities
Agency Funds
December 31, 2010
January 1, 2010 Additions Deductions December 31, 2010
Tax Commisioner
Assets
Cash and cash eyuivalents $ 2,332,167 $ 88,141,306 $ 88,280,741 $ 2,192,732
Receivables
(net of allowance for doubtful accounts)
Taxes 21,639,055 162,192,669 162,556,885 21,274,839
Total assets $ 23,971,222 $ 250,333,975 $ 250,837,626 $ 23,467,571
Liabilities
Due to others $ 2,332,167 $ 88,141,306 $ 88,280,741 $ 2,192,732
Uncollected taxes 21,639,055 162,192,669 162,556,885 21,274,839
Totalliabilities $ 23,971,222 $ 250,333,975 $ 250,837,626 $ 23,467,571
Probate
Assets
Cash and cash eyuivalents $ 14,920 $ 196,185 $ 188,799 $ 22,306
Total assets $ 14,920 $ 196,185 $ 188,799 $ 22,306
Liabilities
Due to others $ 14,920 $ 196,185 $ 188,799 $ 22,306
Totalliabilities $ 14,920 $ 196,185 $ 188,799 $ 22,306
Sheriff
Assets
Cash and cash equivalents $ 1,690,ll6 $ 2,417,199 $ 2,325,354 $ 1,781,961
Total assets $ 1,690,116 $ 2,417,199 $ 2,325,354 $ 1,781,961
Liabilities
Due to others $ 1,690,116 $ 2,417,199 $ 2,325,354 $ 1,781,961
Totalliabilities $ 1,690,116 $ 2,417,199 $ 2,325,354 $ 1,781,961
Civil Court
Assets
Cash and cash equivalents $ 422,077 $ 2,936,854 $ 2,918,812 $ 440,119
Total assets $ 422,077 $ 2,936,854 $ 2,918,812 $ 440,119
Liabilities
Due to others $ 422,077 $ 2,936,854 $ 2,918,812 $ 440,119
Totalliabilities $ 422,077 $ 2,936,854 $ 2,918,812 $ 440,ll9
162
AUGUSTA, GEORGIA
Combining Statement of Changes in Fiduciary Assets and Liabilities - Continued
Agency Funds
December 31, 2010
Clerk of Court January 1, 2010 Additions Deductions December 31, 2010
Assets
Cash and cash equivalents $ 4,958,063 $ 6,238,733 $ 5,046,979 $ 6,149,817
Total assets $ 4,958,063 $ 6,238,733 $ 5,046,979 $ 6,149,817
Liabilities
Due to others $ 4,958,063 $ 6,238,733 $ 5,046,979 $ 6,149,817
Totalliabilities $ 4,958,063 $ 6,238,733 $ 5,046,979 $ 6,149,817
TOTAL ALL AGENCY FUNDS:
Assets
Cash and cash equivalents $ 9,41'7,343 $ 99,930,277 $ 98,760,685 $ 10,586,935
Receivables
(net of allowance for doubtful accounts)
Taaces 21,639,055 162,192,669 162,556,885 21,274,839
Total assets $ 31,056,398 $ 262,122,946 $ 261,317,570 $ 31,861,774
Liabilities
Due to others $ 9,417,343 $ 99,930,2�7 $ 98,760,685 $ 10,586,935
Uncollected taxes 21,639,055 162,192,669 162,556,885 21,274,839
Totalliabilities $ 31,056,398 $ 262,122,946 $ 261,317,570 $ 31,861,774
163
' . �
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REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON
INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON
COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL
STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT A UDITING STANDARDS
Augusta-Richmond County Commission
Augusta, Geargia
We ha�e audited the accompanying financial statements of the governmental activities, the business-type
activities, the aggregate discretely presented component units, each major fund and the aggregate remaining
fund information of Augusta, Georgia as of December 31, 2010 and for the year then ended, which collectively
comprise Augusta, Georgia's basic financial statements and have issued our report thereon dated
September 6, 2011. 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. We did not audit the financial statements of
the Augusta-Richmond County Department of Health, Auugsta-Richmond County Coliseum Authority or
Downtown Development Authority, which represent three of the discretely presented component units. Those
financial statements were audited by other auditors whose reports thereon has been furnished to us, and our
opinion, insofar as it relates to the amounts included for the Department of Health, Coliseum Authority and
Downtown Development Authority, is based solely on the reports of the other auditors.
Internal Control over Financial Reporting
In planning and performing our audit, we considered Augusta, Georgia's internal control over financial
reporting as a basis for designing our auditing procedures for the purpose of expressing our opinion on the
financial statements, but not far the purpose of expressing an opinion on the effectiveness of Augusta, Georgia's
internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of
Augusta, Geargia's internal control over financial reporting.
Our consideration of internal control over financial reporting was for the limited purpose described in the
preceding paragraph and was not designed to identify all deficiencies in internal control over financial reporting
that might be significant deficiencies or material weaknesses and therefore, there can be no assurance that all
deficiencies, significant deficiencies, or material weaknesses have been identified. However, as described in the
accompanying schedule of findings and questioned costs, we identified certain deficiencies in internal control
over financial reporting that we consider to be material weaknesses and other deficiencies that we consider to be
significant deficiencies.
A deficiency in internal control exists when the design ar operation of a control does not allow management or
employees, in the normal course of performing their assigned functions, to prevent, or detect and correct
misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in
internal control such that there is a reasonable possibility that a material misstatement of the entity's financial
statements will not be prevented, or detected and corrected on a timely basis. We consider the deficiencies
described in the accompanying schedule of findings and questioned costs to be material weaknesses, as
described in 10-FS-01.
C-3
A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe
than a material weakness, yet important enough to merit attention by those charged with governance. We
consider the deficiencies described in the accompany schedule of findings and questioned costs to be significant
deficiencies, as described in 10-FS-02 and 10-FS-03.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether Augusta, Georgia's financial statements are free of
material misstatement, we performed tests of its compliance with certain provisions of laws, regulations,
contracts, and grant agreements, noncompliance with which could have a direct and material effect on the
determination of financial statement amounts. However, providing an opinion on compliance with those
provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of
our tests disclosed no instances of noncompliance or other matters that are required to be reported under
Government Auditing Standards.
Augusta, Georgia's responses to the findings identified in our audit are described in the accompanying schedule
of findings and questioned costs. We did not audit Augusta, Georgia's response and, accordingly, we express
no opinion on it.
We noted certain matters that we reported to management of Augusta, Georgia, in a separate letter dated
September 6, 2011. �
This report is intended solely for the information and use of the audit committee, management, others within
Augusta, Georgia, and federal awarding agencies and pass-through entities and is not intended to be and should
not be used by anyone other than these specified parties.
�-��,G2� �G�:� � ����� L:`�-�
�
Augusta, Georgia
September 6, 2011
C-4
AUGUSTA, GEORGIA
Schedule of Expenditures of Federal Awards
Year Ended December 31, 2010
Federal Grantor/ Federal
Pass-through Grantor/ CFDA Agency or Pass-through Federal
Program Title Number ARRA Number Expenditures
U.S._D_epartment of Housine and Urban Deveioament
CDBG Entitlement Grants Cluster
<Direct Programs>
Community Development Block Grants/Entitlement Grants 14.218 $ 3,369,114
Community Development Block Grants ARRA Entitlement Grants 14.253 ARRA 538,767
Total CDBG Entitlement Grants Cluster 3,907,881
Other Department of Housing and Urban Development Programs:
<Direct Programs>
Emergency Shelter Grants Program 14.231 61,152
Supporting Housing Program 14.235 95,604
Home Investment Partnerships Program ]4.239 1,319,634
Housing Opportunities for Persons with AIDS 14.241 363,066
Homelessness Prevention and Rapid Re-Housing Program ARRA Grants 14.257 ARRA 477,121
Total Other Department of Housing and Urban Development Programs 2,316,577
Total U.S. Department of Housing and Urban Development 6,224,458
U.S. National Park Service. Department of Interior
<Pass Through From Georgia Department of Natural Resources>
Historic Preservation Fund Grants-in-Aid:
Historic Preservation Fund Historical Survey Harrisburg/West End 15.904 13-08-21715 8,208
Preserve America-Web Based Downtown Augusta Walking Tour 15.904 4.6E+07 10,000
Total CFDA# 15.904 18,208
Total U.S. National Park Service, Department of Interior 18,208
U.S. Deaartment of Justice
Justice Assistance Grant Cluster
<Direct Programs>
Edward Byrne Memorial Justice Assistance Grant Program 16.738 111,875
See notes to Schedule of Expenditures of Federal Awards
C-5
AUGUSTA, GEORGIA
Schedule of Expenditures of Federal Awards - continued
Year Ended December 31, 2010
Federal Grantor/ Federal
Pass-through Grantor/ CFDA Agency or Pass-through Federal
Program Title Number ARRA Number Expenditures
<Pass-through from the Criminal Justice Coordinating Council>
Edward Byrne Memarial Justice Assistance Grant Program / ARRA Grants
to States and Territories:
CrimeNictim Assistance Grants DA 16.803 2009-SU-B9-0003/B82-8-001 25,249
Crime/Victim Assistance Grants DA 16.803 2009-SU-B9-0003882-8-261 9,242
Augusta JGVeteran's Treatment Court 16.803 2009-SU-B9-0003882-8-260 8,007
Augusta JC Magistrate Court 16.803 2009-SU-B9-0003882-8-262 7,500
Augusta JC Jail Clearing Initiative 16.803 2009-SU-B9-0003882-8-263 20,381
Augusta JC Warrant Project 16.803 2009-SU-B9-0003882-8-264 23,494
Total CFDA# 16.803 93,873
Edward Byrne Memorial Justice Assistance Grant Program / ARRA Grants
to Units of Local Government 16.804 ARRA 2009-SB-B9-2464 107,215
Total Justice Assistance Grant Cluster 312,963
Other Department of Justice Programs:
<Direct Programs>
Juvenile Accountability Incentive Block Grants 16.523 6,089
Public Safety Partnership and Community Policing Grants 16.710 18,404
<Pass-through from the Criminal Justice Coordinating Council>
Gime/Victim Assistance Grants 16.575 2008-VA-GX-0045/C09-8-010 26,418
Crime/Victim Assistance Grants 16.575 2009-VA-GX-0045/C09-8-009 11,666
Crime/Victim Assistance Grants 16.575 2010-VA-GX-0073/C10-8-008 8,806
Total CFDA# 16.575 46,890
Edward Byrne Memorial Formula Grant Program 16.579 2008-DJ-BX-0011/B08-8-019 2,634
Edward Byrne Memorial Formula Grant Program 16.579 2009-DJ-BX-0077/B09-8-019 42,713
Total CFDA# 16.579 45,347
Total Other Department of Justice Programs 116,730
Total U.S. Department of Justice 429,693
U.S. Deoartment of Transportation
Highway Planning and Construction Cluster
<Pass-through from the Georgia Department of Transportation>
Highway Planning and Construction Cluster:
Walton Way/Laney Walker Resurfacing - ARRA 20.205 ARRA 0009609 898,260
Off-System Safety Project 20.205 CSSFT-0008-00(876) 165,690
James Brown Blvd Streetscape 20.205 9126 5,285
Total CFDA# 20.205 1,069,235
See notes to Schedule of Expenditures of Federal Awards
C-6
AUGUSTA, GEORGIA
Schedule of Expenditures of Federal Awards - continued
Year Ended December 31, 2010
Federal Grantor/ Federal
Pass-through Grantor/ CFDA Agency or Pass-through Federal
Program Title Number ARRA Number Expenditures
<Pass Through Georgia Department of Natural Resources>
Recreational Trails & Parking 20.219 NRT-OS(4) 8,500
Total Highway Planning and Construction Cluster 1,077,735
Federal Transit Cluster
<Direct Programs>
Federal Transit Formula Grants 20.507 1,182,882
Federal Transit Formula ARRA Grants 20.507 ARRA 2,329,394
Total CFDA# 20.507 3,512,276
Total Federal Transit Cluster 3,512,276
Other Department of Transportation Programs:
<Direct Programs>
Airport Improvement Program Grants 20.106 532,542
<Pass-through from the Georgia Department of Transportation>
Formula Grants for Other than Urbanized Areas:
Section 5311 Rural Transit Grant -ARRA 20.509 ARRA MTG00-0143-00-064 72,070
Section 5311 Rural Transit Grant -ARRA 20.509 ARRA GA-86-X001 109,569
Total CFDA# 20.509 181,639
Total Other Department of Transportation Programs 714,181
Total U.S. Department of Transportation 5,304,192
U.S. Deaartment of Ener¢v
<Direct Programs>
Energy Efficiency & Block Grant Program-ARRA 81.128 ARRA 864,574
Total U.S. Department of Energy 864,574
Federal Emer¢encv Mana$ement Aeencv
<Pass-through from the State of Georgia Emergency Manangement Agency>
Hazard Mitigation Grant 83.548 17PDMCO3012245 4,000
LEOP Grant EMA 83.562 ema-202-gr-5072 13,243
Total Federal Emergency Management Agency 17,243
U.S. Department of Health and Human Services
See notes to Schedule of Expenditures of Federal Awards
C-7
AUGUSTA, GEORGIA
Schedule of Expenditures of Federal Awards - continued
Year Ended December 31, 2010
Federal Grantor/ Federal
Pass-through Grantor/ CFDA Agency or Pass-through Federal
Program Title Number ARRA Number Expenditures
Aging Cluster
<Pass-through from the CSRA Regional Development Center>
Grants for Supportive Services and Senior Centers 93.044 09-08-1128 / 10-08-1128 26,684
Nutrition Services 93.045 N/A 236,433
Nutrition Services Incentive Program 93.053 N/A 95,186
Total Aging Cluster 358,303
Other Department of Health and Human Services Programs:
<Pass-through from the CSRA Regional Development Center>
Disaster Prevention and Health Promotion Services 93.043 09-08-1128 / 10-08-1128 2,530
Total Other Department of Health and Human Services Programs 2,530
Total U.S.Health and Human Services 360,833
U.S. Department of Homeland Securitv
Homeland Security Cluster
<Pass-through from the Georgia Emergency Management Agency>
Law Enforcement Terrarism Prevention Program 97.067 2007-GE-T7-0054 80,246
Homeland Security Grant Program 97.067 2006-GE-T6-0066-0853 904
Homeland Security Grant Program 97.067 2006-GE-T6-0066-0869 1,061
K-9 Explosive Program 97.067 2008-GE-T8-0017 WS2289 12,800
K-9 Explosive Program 97.067 2008-G&T8-0017 WS2288 9,390
State Homeland Security Program 97.067 2008-GE-T8-0017 WS2249 152,723
OJP State Domestic Preparedness Equipment Program 97.067 2008-GE-T8-0017 WS2248 14,940
Total CFDA# 97.067 272,064
Total Homeland Security Cluster 272,064
Other Department of Homeland Security Programs:
<Direct Programs>
Law Enforcement Officer Reimbursement Agreement Program 97.090 HSTS02-08-H-SLR007 57,248
<Pass-through from the Georgia Emergency Management Agency>
FY2009 Performance Partnership Award 97.042 P09-9-123 59,933
FY2010 Performance Partnership Award 97.042 OEM-10-123 59,933
Total CFDA# 97.042 119,866
GEMA - Georgia Search and Rescue 97.073 GA-2007-GE-T7-0054 315,903
See notes to Schedule of Expenditures of Federal Awards
C-8
AUGUSTA, GEORGIA
Schedule of Expenditures of Federal Awards - continued
Year Ended December 31, 2010
Federal Grantor/ Federal
Pass-through Grantor/ CFDA Agency or Pass-through Federal
Program Title Number ARRA Number Expenditures
Buffer Zone Protection Program 97.078 2007-BZ-T7-0035 129,693
Buffer Zone Protection Program 97.078 2009-BF-T9-0030 43,400
Total CFDA# 97.078 173,093
Total Other Department of Homeland Security Programs 666,110
Total U.S. Department of Homeland Security 938,174
Total Federal Expenditures $ 14,157,375
See notes to Schedule of Expenditures of Federal Awards
C-9
AUGUSTA, GEORGIA
Notes to the Schedule of Expenditures of Federal Awards
Year Ended December 31, 2010
Note 1- Basis of presentation
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Augusta,
Georgia, (the "GovernmenY'), and is presented on the modified accrual basis of accounting. The information in
this schedule is presented in accardance with the requirements of OMB Circular A-133, Audits of States, Local
Governments, and Non-Profit Organizations. Therefore, some amounts presented in this schedule may differ
from amounts presented in, or used in the preparation of, the basic financial statements.
Note 2 — Reporting entity
The accompanying schedule of expenditures of federal awards includes the accounts of all Augusta and
Richmond County operations. The Government uses the criteria for including organizations as component units
within Augusta's reporting entity, as set forth in Section 2100 of GASB's Codification of Governmental
Accounting and Financial Reporting Standards. Excluded from the accompanying schedule of federal awards is
the Government's discretely presented component unit, Richmond County Department of Health. Separate
financial statements may be obtained from the Richmond County Department of Health at 950 Laney Walker
Blvd., Augusta, Georgia 30901.
Note 3 - Non-cash awards
Augusta, Georgia did not receive non-cash federal awards during the year ended December 31, 2010.
G10
i ' �
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REPORT ON COMPLIANCE WITH REQUIREMENTS THAT COULD HAVE A DIRECT AND
MATERIAL EFFECT ON EACH MAJOR PORGRAM AND ON INTERNAL CONTROL OVER
COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133
Augusta-Richmond County Commission
Augusta, Georgia
Compliance
We have audited Augusta, Georgia's compliance with the types of compliance requirements described in the
OMB Circular A-133 Compliance Supplement that could have a direct and material effect on each of Augusta,
Georgia's majar federal programs for the year ended December 31, 2010. Augusta, Georgia's major federal
programs are identified in the summary of auditor's results section of the accompanying schedule of findings
and questioned costs. Compliance with the requirements of laws, regulations, contracts, and grants applicable to
each of its major federal programs is the responsibility of Augusta, Georgia's management. Our responsibility is
to express an opinion on Augusta, Georgia's compliance based on our audit.
We conducted our audit of compliance in accordance with auditing standards generally accepted in the United
States of America; the standards applicable to financial audits contained in Government Auditing Standards,
issued by the Comptroller General of the United States; and OMB Circular A-133, Audits of States, Local
Governments, and Non-Profit Organizations. Those standards and OMB Circular A-133 require that we plan
and perform the audit to obtain reasonable assurance about whether noncompliance with the types of
compliance requirements referred to above that could have a direct and material effect on a major federal
program occurred. An audit includes examining, on a test basis, evidence about Augusta, Georgia's compliance
with those requirements and performing such other procedures as we considered necessary in the circumstances.
We believe that our audit provides a reasonable basis for our opinion. Our audit does not provide a legal
determination of Augusta, Georgia's compliance with those requirements.
In our opinion, Augusta, Georgia complied, in all material respects, with the compliance requirements referred
to above that could have a direct and material effect on each of its major federal programs for the year ended
December 31, 2010. However, the results of our auditing procedures disclosed instances of noncompliance with
those requirements, which are required to be reported in accordance with OMB Circular A-133 and which are
described in the accompanying schedule of findings and questioned costs as items 10-02, 10-04, 10-05, 10-06,
10-07, and 10-08
Internal Control over Compliance
Management of Augusta, Georgia is responsible for establishing and maintaining effective internal control over
compliance with the requirements of laws, regulations, contracts, and grants applicable to federal programs. In
planning and performing our audit, we considered Augusta, Georgia's internal control over compliance with the
requirements that could have a direct and material effect on a major federal program to determine the auditing
procedures for the purpose of expressing our opinion on compliance and to test and report on internal control
over compliance in accordance with OMB Circular A-133, but not for the purpose of expressing an opinion on
the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the
effectiveness of Augusta, Georgia's internal control over compliance.
G11
Our consideration of internal control over compliance was for the limited purpose described in the preceding
paragraph and was not designed to identify all deficiencies in internal control over compliance that might be
significant deficiencies ar material weaknesses and therefare, there can be no assurance that all
deficiencies, significant deficiencies, or material weaknesses have been identified. However, as discussed
below, we identified certain deficiencies in internal control over compliance that we consider to be material
weaknesses and other deficiencies that we consider to be significant deficiencies.
A deficiency in internal control over compliance exists when the design or operation of a control over
compliance does not allow management or employees, in the normal course of performing their assigned
functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal
program on a timely basis. A material weakness in internal control over compliance is a deficiency, or
combination of deficiencies, in internal control over compliance, such that there is reasonable possibility that
material noncompliance with a type of compliance requirement of a federal program will not be prevented, or
detected and corrected, on a timely basis. We consider the deficiency in internal control over compliance
described in the accompanying schedule of findings and questioned costs as items 10-01 to be a material
weakness.
A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in
internal control over compliance with a type of compliance requirement of a federal program that is less severe
than a material weakness in internal control over compliance, yet important enough to merit attention by those
charged with governance. We consider the deficiency in internal control over compliance described in the
accompanying schedule of findings and questioned costs as item 10-03 to be a significant deficiency.
Augusta, Georgia's responses to the findings identified in our audit are described in the accompanying schedule
of findings and questioned costs. We did not audit Augusta, Georgia's responses and, accordingly, we express
no opinion on the responses.
This report is intended solely for the information and use of the audit committee, management, others within
Augusta, Georgia, and federal awarding agencies and pass-through entities and is not intended to be and should
not be used by anyone other than these specified parties.
�-���.,'r�,��� � ��'�, �.� P
Augusta, Georgia
September 6, 2011
C-12
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs
For the Year Ended December 31, 2010
Section I. Summary of Auditor's Results
Financial Statements
Type of auditor's report issued: Unqualified
Internal control over financial reporting:
• Material weakness(es) identified? T yes X no
• Significant deficiency(ies) identified? X yes none reported
Noncompliance material to financial statements noted? yes X no
Federal Awards
Internal control over majar federal programs:
• Material weakness(es) identified? X yes no
• Significant deficiency(ies) identified? X yes none reported
Type of auditor's report issued on compliance
for major programs: Unqualified
Any audit findings disclosed that are required to
be reported in accordance with Section 520(a)
of Circular A-133 X yes _ no
Identification of Maior Pro�rams
CFDA Number Name of Federal Pro�r�
U.S. Department of Housing and Urban Development
14.218, 14.253 Community Development Block Grant-Entitlement Grants Cluster
U.S. Department of Housing and Urban Development
14.257 Homelessness Prevention and Rapid Re-housing Program
G13
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section I. Summary of Auditor's Results - continued
U.S. Department of Transportation
20.106 Airport Improvement Program
U.S. Department of Transportation
20.205, 20.219 Highway Planning and Construction
U.S. Department of Transportation
20.500, 20.507 Federal Transit Cluster
U.S. Department of Ener�v
81.128 Energy Efficiency and Conservation Block Grant Program
U.S. Department of Health and Human Services
93.044, 93.045, 93.053 Aging Cluster
We used a threshold of $424,721 to distinguish between Type A and Type B programs.
Augusta, Georgia did not qualify as a low-risk auditee.
Section II. Findings in relation to the Audit of the Financial Statements
Finding 10-FS-01
CONDITION:
The Government did not prepare its financial statements for the year ended December 31, 2010 or its
conversion entries related to converting the Fund Financial Statements to the Statement of Net Assets and
Statement of Activities. The Government also did not reconcile certain balance sheet accounts during the
year on a timely basis.
During our audit procedures, significant adjustments were posted to the internal financial statements in order
for the financial statements to be in accordance with Generally Accepted Accounting Principles ("GAAP").
Based upon the Government's request, we prepared the conversion entries to convert the Fund Financial
Statements to the Statement of Net Assets and Statement of Activities, and other year-end adjustments and
reclassifications. Also, during our audit procedures as accounts were reconciled to supporting
documentation, we proposed adjustments to correct balance sheet accounts to the supporting schedules.
CA USE:
The Government does not have sufficient resources with the financial statement expertise which would
allow the Government to internally prepare its conversion entries for the Fund Financial Statements to the
Government-wide financial statements, in accordance with GAAP. Historically, due to the cost-benefit
analysis made by management of internal control over financial reporting, the Government has engaged its
auditor to assist in the conversion to GAAP basis and financial statement preparation.
G14
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section II. Findings in relation to the Audit of the Financial Statements - continued
The Government also has not had sufficient resources in the accounting and finance departments which
would allow sufficient time to be spent on reconciling balance sheet accounts for all funds to the supporting
documentation on a timely basis.
RECOMMENDATION:
We recommend that management consider the cost-benefit analysis of the preparation of its financial
statements in accordance with GAAP. We also recommend that management continue the training and
supervision of its finance and accounting staff in order to reconcile all balance sheet accounts to supporting
documentation on a timely basis.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.•
Management concurs with the findings. Management reviews the cost benefit of internal control over
financial reporting and has determined the most prudent course of action is to engage the auditors to assist in
the conversion to GAAP basis and financial statement preparation.
Finding 10-FS-02
CRITERIA:
A properly designed internal control structure includes proper approval of disbursements prior to incurring
obligations.
CONDITION:
During our testing of internal controls, we noted two (2) purchase orders that were issued after the date of
the related invoice indicating that a purchase was made without the proper approval through the
procurement process of purchase orders.
CAUSE:
The procurement process was circumvented. Article 6, Sec. 1-10-42 of the Procurement policy states that
no employee shall request a vendor deliver supplies except upon the issuance of a regular purchase order by
a procurement agent.
EFFECT:
The Government became obligated to pay for supplies prior to disbursement being properly approved.
RECOMMENDATION.�
We recommend that the Government provide additional training to its employees on the requirements of the
Procurement policy. We further recommend that the Government implement measures to monitor
compliance and to ensure enforcement of the provisions of the Procurement policy.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.�
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
C-15
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section II. Findings in relation to the Audit of the Financial Statements - continued
Finding 10-FS-03
CRITERIA:
Proper internal control requires the preparation and review of reconciliations for balance sheet accounts and
bank accounts.
CONDITION:
During our financial statement audit, we noted errars in the preparation and review of two balance sheet
accounts resulting in adjusting journal entries.
CA Z/SE.�
For one cash account, an entry was posted after the account was reconciliation that resulted in the account
being misstated. For the second cash account, the Individual preparing a check did not record this when it
was written and it was not discovered during the reconciliation process due to the check not clear the bank
until January 2011
EFFECT:
Two journal entries were required during the course of the audit to adjust the balances of accounts properly.
RECOMMENDATION.•
We recommend management perform detailed reviews of all balance sheet account reconciliations after the
trial balance has been finalized, and follow up timely for matters necessary for adjustments and record all
checks as soon as they are written.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources
Section IIL Federal Awards Findings and Questioned Costs
Findin� 10-01
Federal Agency:
Federal Programs: All federal and federal pass-through grants
Compliance Requirement: Grants Management
Type of finding: Material Deficiency
CRITERIA
OMB Circular No. A-133, Audits of States, Local Governments, and Non-Profit Organizations, requires
recipients of federal awards to maintain internal control over Federal programs that provides reasonable
assurance that the recipient is managing Federal awards in compliance with laws, regulations, and the
provisions of contracts or grant agreements that could have a material effect on each of its Federal
programs.
CONDITION:
During our audit procedures, we noted significant deficiencies in the design or operation of internal controls
that resulted in noncompliance with laws and regulations having a direct and material effect on federal
awards. C-16
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section III. Federal Awards Findings and Questioned Costs - continued
QUESTIONED COSTS:
N/A
CONTEXT:
The Government does not have sufficient resources devoted to the overall management of grants in order to
properly centralize the information and ensure personnel involved with federal grants are aware of and
trained on the related laws and regulations which have a direct and material effect on the award.
EFFECTS
Personnel involved in federal grants may not be aware of or be in compliance with federal laws concerning
the management, spending, and reporting of the grants. As a result, all federal grants may be in jeopardy for
future funding.
RECOMMENDATIONS:
The Government should strengthen its controls over the management of its federal awards. We recommend
the Grant Administrator obtain and review all Government grant contracts and document for each grant all
compliance requirements to which the Government must adhere, including any special tests and provisions.
The Grant Administrator should then provide training and assistance to departments responsible for
managing the grants and perform periodic monitoring to ensure the departments are managing the grant in
accordance with applicable laws and regulations.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.•
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
Findin� 10-02
CFDA # 93.044, 93.045, 93.053
Federal Agency: U.S. Department of Health and Human Services
Pass-through entity CSRA Regional Development Center
Federal Programs: Aging Cluster
Compliance Requirement: Allowable Costs
Type of finding: Material Noncompliance
CRITERIA:
Title 45 CFR 92.20(2)(b)(1) sets standards for financial management systems. It requires that Grantees and
Subgrantees maintain records which adequately identify the source and application of funds provided for
financially-assisted activities. These records must contain information pertaining to grant or subgrant awards
and authorizations, obligations, unobligated balances, assets, liabilities, outlays or expenditures, and income.
Allowable Costs and Cost Principles for the Aging Cluster are also covered by OMB Circular A-87. To be
allowable under Federal awards, a cost must be allocable. A cost is allocable to a particular cost objective if
the goods or services involved are chargeable or assignable to such cost objective in accordance with
relative benefits received. OMB Circular A-87 also requires costs to be adequately documented.
The Government did not maintain records to adequately identify the expenditures incurred related to the
Health and Wellness grant program.
G17
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section III. Federal Awards Findings and Questioned Costs - continued
CONDITION:
The Government's books are not maintained to track all expenditures related to the Wellness and Recreation
Grant. The pass-through entity reimbursed the Government based upon the grant budget.
Q UESTIONED COSTS:
Could not be determined. Though the auditors believe sufficient expenditures were incurred to support the
grant funds expended, these expenditures were not identified appropriately in the accounting records of the
Government.
CONTEX'T.•
The Government was not consistent in recording eligible expenditures to the grant accounts set up to track
the grant expenditures.
EFFECTS.•
Not maintaining proper support for grant expenditures and not maintaining adequate records to identify the
spending of grant funds could result in questioned costs.
RECOMMENDATIONS:
We recommend the Government strengthen its controls over tracking grant expenditures allowable under the
Recreation and Wellness grants.
MANAGEMENT 'S RESPONSE AND CORRECTIVE ACTION PLAN.•
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
Findin� 10-03
CFDA # 93.044, 93.045, 93.053
Federal Agency: U.S. Department of Health and Human Services
Pass-through entity CSRA Regional Development Center
Federal Programs: Aging Cluster
Compliance Requirement: Reporting
Type of finding: Significant Deficiency
CRITERIA:
According to the contract between Augusta-Richmond County and the CSRA Regional Development Center
(the "RDC"), the pass-through entity, the Government is to report monthly to the RDC the actual number of
service units provided during that month for each eligible participant.
CONDITION:
In performing tests of the underlying data to verify that the data was accumulated and summarized in
accordance with the required methodology, the Government could not adequately support the number of
meals served to congregate and to home-bound participants of the Nutrition Program.
QUESTIONED COSTS:
Could not be determined.
C-18
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section III. Federal Awards Findings and Questioned Costs - continued
CONTEXT:
Staff turnover and lack of maintaining orderly files account for much of the Government's problems related
to supporting the number of ineals served to participants. Each Senior Center reconciles the number of
meals received to the meals disbursed daily. The support, however, may be misfiled or lost or the
information may be transferred to the monthly report in error.
EFFECTS:
Lack of supporting documentation indicating the participants receiving meals purchased with federal
funding could result in meals served to ineligible participants or meals reported inaccurately. This would
result in non-compliance with the grant reporting requirements and possibly questioned costs if the meals
were given to ineligible participants.
RECOMMENDATIONS:
We recommend someone outside of the Senior Centers receive a copy of the daily sign-in sheets and
driver's log and spot check for accuracy. This will also ensure the support is maintained.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.�
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
Findin� 10-04
CFDA # 20.205, 20.219
Federal Agency: U.S. Department of Transportation
Federal Programs: Highway Planning and Construction Cluster
Compliance Requirement: Davis Bacon Act
Type of finding: Material Noncompliance
CRITERIA:
The requirements of the Da�is-Bacon Act are applicable to construction projects on highways functionally
classified as arterials and collectors but not applicable to projects located on highways functionally
classified as local roads or rural minor collectors. (23 U.S.C. 113)
Non-federal entities shall include in their construction contracts subject to the Davis-Bacon Act a
requirement that the contractor or subcontractor comply with the requirements of the Davis-Bacon Act and
the DOL regulations (29 CFR part 5, Labor Standards Provisions Applicable to Contacts Governing
Federally Financed and Assisted Construction). This includes a requirement for the contractor or
subcontractor to submit to the non-Federal entity weekly, for each week in which any contract work is
performed, a copy of the payroll and a statement of compliance (certified payrolls)
CONDITION:
Compliance with Davis-Bacon requirements was not monitored far certain construction projects funded
with federal grants. One out of two contracts tested was not properly monitored. The Government is not
ensuring receipt of certified payrolls, nor are they ensuring the prevailing wage rates are paid by the
contractors.
C-19
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section III. Federal Awards Findings and Questioned Costs - continued
QUESTIONED COSTS:
Could not be determined. Certified payrolls were not obtained from one construction contractor, as required
to comply with the Davis-Bacon Act. As a result, it is not possible to determine whether the contractor
and/ar subcontractors paid their employees at minimum levels set by the Davis-Bacon Act.
CONTEXT:
When testing for controls over and compliance with the Davis Bacon Act, the Government could not
provide documentation supporting the contractors were paying the laborers the prevailing wage rates. For
the few payroll certifications that could be located, Government personnel noted they did not review the
documents to ensure compliance with Davis Bacon.
EFFECTS:
Failure to monitor payments to laborers can lead to non-compliance and potential questioned costs.
RECOMMENDATIONS:
We recommend the Government's Grant Administrator obtain and review all grant contracts and document
for each grant all compliance requirements to which the Government must adhere, including any special
tests and provisions. The Grant Administrator should then provide training and assistance to departments
responsible for managing the grants and perform periodic monitoring to ensure the departments are
managing the grant in accordance with applicable laws and regulations.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.•
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
Findin� 10-OS
CFDA # 20.106
Federal Agency: U.S. Department of Transportation
Federal Progams: Airport Improvements Program
Compliance Requirement: Reporting
Type of finding: Material Noncompliance
CRITERIA:
Recipients of federal funds have certain reporting requirements that must be met to ensure that use of the
funds are monitared and properly reported at the federal level. According to the OMB A-133 Compliance
Supplement, the Airport Improvements Program requires quarterly financial reports.
CONDITION:
The Government's Daniel Field Airport had two active Airport lmprovements Program grants during FY
2010. For one of these grants, which began November 2010, no quarterly report far the fourth quarter was
submitted. For the other grant, which began in FY 2008, the Government had copies of unsigned reports for
the first three quarters which were all dated November 10, 2010. It is unclear as to who prepared these
reports. Per discussion with the sponsor, the unsigned reports were filed with the FAA. The reports are not
the standard reports required by the Compliance Supplement. Though the disbursements reported on the
reports agreed to the disbursements for the reporting period, other infarmation reported was inaccurate.
C-20
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section III. Federal Awards Findings and Questioned Costs - continued
QUESTIONED COSTS:
N/A
CONTEX7'�
The Government did not have a grant manager familiar with the OMB Compliance Supplement and
compliance requirements to oversee the Daniel Field Airport grants and ensure the required reports were
filed accurately and timely.
EFFECTS:
A violation or failure to comply with Federal laws and regulations may result in the Federal agency
withholding payments to the Government, withholding approval of further grants with the Government, and
any other action deemed necessary to gain compliance.
RECOMMENDATIONS:
We recommend the Government's grant manager be involved in the compliance management of all the
Government's grants that are managed by departments that do not have a financial directar. This would
include Daniel Field Airport. The grants manager should maintain a copy of the grant application, award,
and all applicable agency requirements. The grants manager should review and approve all financial
reports.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
Findin� 10-06
CFDA # 20.507
Federal Agency: U.S. Department of Transportation
Federal Programs: Federal Transit Cluster
Compliance Requirement: Procurement
Type of finding: Material Noncompliance
CRITERIA:
2 CFR 215.40 — 215.48 sets forth the procurement standards that must be used by recipients expending
federal funds. The code states that all procurement transactions must be conducted in a manner to provide,
to the maYimum extent practical, open and free competition. Procurement recards and files for purchases in
excess of the small purchase threshold ($25,000) shall include the following at a minimum:
(a) Basis for contractor selection;
(b) Justification for lack of competition when competitive bids or offers are not obtained; and
(c) Basis for award cost or price.
C-21
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section III. Federal Awards Findings and Questioned Costs - continued
CONDITION:
The Government's Procurement Policy states that when the procurement transaction involves the
expenditure of State or Federal Assistance, the transaction shall be conducted in accordance with any
applicable mandatory State or Federal laws and authorized regulations. According to the State of Georgia'
Procurement Policy, all purchases in excess of $5,000 should be based on competitive bidding whenever
possible, unless a Statewide contract exists for the purchase. The Government relies on the departments to
ensure procurement policies are followed. The departments are required to maintain documentation
supporting the basis for vendor selection.
The Government received a Federal Transit Grant for the purchase of three new buses. The grant also
included funds for the replacement of four engines on existing buses. Bids were solicited and a contract was
entered into for the purchase of the three new buses. Prior to the construction of the buses, new federal
regulations were to be implemented that would affect the types of engines placed in new buses. As such, at
the direction of the FTA, the Government purchased the engines for the new buses and had them delivered
directly to the bus manufacturer priar to the implementation date of the new requirements. An adjustment
was made to the Purchase Order for the buses, which decreased the amount of the three buses by $84,000,
the amount of the three engines, and a new Purchase Order was created far the amount of these engines.
The engines, however, were applied to the old purchase order. When the buses were subsequently
purchased, the purchase overspent the Purchase Order by $98,401, which was allowed, as it was less than
10% of the Purchase Order. When the Government purchased the replacement engines, they we charged to
the amended Purchase Order that was specific to the purchase of the new engines for the new buses. As a
result, proper procurement procedures were not followed. Neither bids nor sole source documentation were
obtained for the replacement engines.
QUESTIONED COSTS:
$81,724 - the cost of the four replacement engines for which proper procurement procedures were not
followed.
CONTEXT.�
From a sample of ten procurements, one procurement consisting of four separate transactions did not follow
the Government's procurement policies.
EFFECTS:
A violation or failure to comply with Federal laws and regulations may result in the Federal agency
withholding payments to the Government, withholding approval of further grants with the Government, and
any other action deemed necessary to gain compliance. In addition, failure to implement adequate internal
controls related to procurement could result in favoritism and cast doubts on the integrity and impartiality of
the purchasing process.
RECOMMENDATIONS:
We recommend the Government ensure its personnel who are responsible for making procurement decisions
are aware of and comply with all federal and state purchasing rules and regulations. We also recommend
that the government strengthen controls over the overspending of purchase orders.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the GovernmenYs resources.
C-22
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section III. Federal Awards Findings and Questioned Costs - continued
Findin� 10-07
CFDA # 20.507
81.128
Federal Agency: U.S. Department of Transportation
U.S. Department of Energy
Federal Programs: Federal Transit Cluster
Energy Efficiency and Conservation Block Grant Program
Compliance Requirement: Reporting
Type of finding: Material Noncompliance
CRITERIA:
The Recipient Reporting Data Model states that the amount to be reported as Total Federal Amount of
ARRA Expenditures for reports prepared on an accrual basis should be the sum of cash disbursements for
direct charges for property and services; the amount of indirect expense incurred; the value of in-kind
contributions applied; and the net increase or decrease in the amounts owed by the recipient for (1) goods
and other property received; (2) services performed by employees, contractors, subcontractors,
Subawardees, and other payees; and (3) programs for which no current services or perfarmance are required.
CONDITION:
The Government included encumbrances, which have not yet been incurred, in the amounts reported
pursuant to Section 1512 of the Recovery Act on the Recovery.gov website. For one Department of Energy
grant, encumbrances in the amount of $4,750 were reported at 03/31/10 and $1,000,070 were reported at
12/31/10. For one Department of Transportation grant, encumbrances in the amount of $1,105,833.46 were
reported at 06/30/10 and $38,107.07 were reported at 12/31/10.
QUESTIDNED COSTS:
None
CONTEX7'.•
The Government consistently reported obligated funds that were not incurred in their quarterly ARRA
reporting.
EFFECTS:
A violation or failure to comply with Federal laws and regulations may result in the Federal agency
withholding payments to the Government, withholding approval of further grants with the Government, and
any other action deemed necessary to gain compliance.
RECOMMENDATIONS.�
We recommend the Government review the Recipient Reporting Data Model and include only the required
information as specified.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.•
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
C-23
AUGUSTA, GEORGIA
Schedule of Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Section III. Federal Awards Findings and Questioned Costs - continued
Findin� 10-08
CFDA # 81.128
Federal Agency: U.S. Department of Energy
Federal Programs: Energy Efficiency and Conservation Block Grant Program
Compliance Requirement: Procurement
Type of finding: NonMaterial Noncompliance
CRITERIA:
Section 1605 of ARRA prohibits the use of ARRA funds for a project for the construction, alteration,
maintenance, or repair of a public building or work unless all of the iron, steel, and manufactured goods
used in the project are produced in the United States. ARRA provides for waiver of these requirements
under specified circumstances. An award term is required in all ARRA-funded awards for construction,
alteration, maintenance, or repair of a public building or public.
CONDITION:
The Government did not include in its application/proposal or award for the HVAC replacement the
required award terms related to the Buy America requirement. The Government obtained documentation, as
a result of the auditors' request, that the vendor complied with the Buy American provision.
QUESTIONED COSTS:
N/A
CONTEXT:
The Government was unaware of the Buy American provision that should be included in all procurement
proposals and award contracts that are funded with American Recovery and Reinvestment funds.
EFFECTS.•
Non-compliance with the Buy American provision could result in questioned costs.
RECOMMENDATIONS:
We recommend the Government retain documentation that supports their compliance with the Buy
American provisions. Such documentation could include:
(1) language in contractual documents that obligates contractors or sub-recipients to comply with the Buy
American provisions;
(2) a documented certification from the applicable contractor, vendor, or manufacturer verifying that the
product was manufactured domestically; and/or
(3) other reasonable documentation demonstrating compliance with the Buy American provisions.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the GovernmenYs resources.
C-24
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs
Year Ended December 31, 2010
Finding 06-FS-01 (reueat finding)
CONDITION:
The Government did not prepare its financial statements for the year ended December 31, 2009, nor its
conversion entries related to converting the Fund Financial Statements to the S,tatement of Net Assets and
Statement of Activities. The Government also did not reconcile certain balance sheet accounts during the
year on a timely basis.
During our audit procedures, significant adjustments were posted to the internal financial statements in order
for the financial statements to be in accordance with Generally Accepted Accounting Principles ("GAAP").
Based upon the Government's request, we prepared the conversion entries to convert the Fund Financial
Statements to the Statement of Net Assets and Statement of Activities, and other year-end adjustments and
reclassifications. Also, during our audit procedures as accounts were reconciled to supporting
documentation, we proposed adjustments to correct balance sheet accounts to the supporting schedules.
CA USE:
The Government does not have sufficient resources with the financial statement expertise which would
allow the Government to internally prepare its conversion entries for the Fund Financial Statements to the
Government-wide financial statements, in accordance with GAAP. Historically, due to the cost-benefit
analysis made by management of internal control over financial reporting, the Government has engaged its
auditor to assist in the conversion to GAAP basis and financial statement preparation.
The Government also has not had sufficient resources in the accounting and finance departments which
would allow sufficient time to be spent on reconciling balance sheet accounts for all funds to the supporting
documentation on a timely basis.
RECOMMENDATION.•
We recommend that management consider the cost-benefit analysis of the preparation of its financial
statements in accordance with GAAP. We also recommend that management continue the training and
supervision of its finance and accounting staff in order to reconcile all balance sheet accounts to supporting
documentation on a timely basis.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.•
Management concurs with the findings. Management reviews the cost benefit of internal control over
financial reporting and has determined the most prudent course of action is to engage the auditors to assist in
the conversion to GAAP basis and financial statement preparation.
CURRENT STATUS:
The Government did not prepare its financial statements for the year ended December 31, 2010, nor its
conversion entries related to converting the Fund Financial Statements to the Statement of Net Assets and
Statement of Activities; repeat finding this fiscal year. See current year finding 10-FS-01.
Finding 07-FS-Ol
CONDITION:
During our testing of compliance with procurement policies, we noted instances of non-compliance with
procurement policies. We noted instances of inconsistent knowledge of Government personnel regarding
the policy for obtaining bids for procured items. We noted more than one instance of purchases made when
a bid should have been obtained and was not at the department level. We noted instances of lack of
documentation at the department level to support the bids obtained or sole sourced items.
C-25
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs - Continued
Year Ended December 31, 2010
CA USE:
Their policies and procedures that were distributed to the employees are inconsistent with the "working"
policy. The policies and procedures are inconsistent with the Augusta-Richmond County Code ("Code").
There is no evidence that employees refer to the policies and procedures in order to consistently follow the
procedures.
The Government does not have sufficient resources devoted to monitoring compliance with the purchasing
policy at the Procurement Department level.
RECOMMENDATION.•
We recommend that the Procurement Department make corrections to the Policies and Procedures manual
in accordance with the Code as well as make the document consistent in words and in numbers. We also
suggest continuing to educate Department Heads on the importance of obtaining bids for all items in
accordance with the Procurement Policy as well as the need to retain supporting documentation or indicate
on the PO the bids obtained. Furthermore, we suggest reviewing purchase orders in more detail prior to
approving and sending all incomplete purchase orders back to the department without approval when they
are in non-compliance of policies and procedures. We recommend bid files are kept up to date and that all
purchases made on current and prior year bid contracts are reviewed to ensure the documentation is present
and purchases made are allowable and supporting documentation is available.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
CURRENT STATtIS:
We did not note a lack of documentation for sole source purchases or lack of retention/obtaining contracts
from departmental agreements in 2010.
Findin� 08-FS-01
CRITERIA:
A properly designed internal control structure includes internal controls over compensation for hours works
for hourly employees.
CONDITION:
During our testing of payroll transactions, we noted errors in the recording of hours worked resulted in the
overpayment of one (1) individual.
CA USE.•
Time cards are transferred to a timesheet to be entered into the payroll system and, in most cases, ihis is
performed at the department level.
An employee changed from eighty (80) standard hours to seventy-five (75) standard hours per a bi-weekly
pay period. During our review, we noted an employee at the department level added an additional five (5)
hours of work per pay period for approximately four (4) years to increase the total hours paid to eighty (80).
EFFECT:
Consequently, the individual was consistently overpaid for a period of approximately four (4) years.
C-26
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs - Continued
Year Ended December 31, 2010
RECOMMENDATION.�
We recommend individuals at the department level consult with the Human Resources function or the
Payroll department when making the same change on an employee timesheet on a weekly basis as the need
for a change may be an indication of a change in standard hours.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.�
Management concurs with the finding. Through the normal course of operation there are occurrences where
an employee has a seventy-five (75) hour bi-weekly pay period but normally works eighty (80) hours. The
additional five hours are paid at a normal pay rate not at an overtime rate. Procedures are being developed
and implemented to review the number of times this happens for any individual employee and to alert
management if this is a consistent event.
CURRENT STATUS.•
This has been corrected for fiscal year 2010.
Findin� 08-FS-03 (Repeat Finding)
CRITERIA:
A properly designed internal control structure includes proper approval of disbursements prior to incurring
obligations.
CONDITION:
During our testing of internal controls, we noted one (1) purchase arder that was issued after the date of the
related invoice indicating that a purchase was made without the proper approval through the procurement
process of purchase orders.
CA tISE:
The procurement process was circumvented. Article 6, Sec. 1-10-42 of the Procurement policy states that
no employee shall request a vendor deliver supplies except upon the issuance of a regular purchase order by
a procurement agent.
EFFECT:
The Government became obligated to pay for supplies prior to disbursement being properly approved.
RECOMMENDATION.•
We recommend that the Government provide additional training to its employees on the requirements of the
Procurement policy. We further recommend that the Government implement measures to monitor
compliance and to ensure enfarcement of the provisions of the Procurement policy.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.•
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
CURRENT STATtIS.�
We noted one (1) purchase that occurred without the creation of a purchase arder for fiscal year 2010.
Repeat finding. See current year finding 10-FS-02.
G27
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Finding 09-F5-01
CRITERIA:
Proper internal control structure includes properly supported pay raises.
CONDITION:
During our testing of payroll transactions we examined the supporting human resources data for the pay rate
changes noting documentation was not retained.
CA Z/SE.�
The human resources department entered pay rate changes without appropriate supporting documentation.
We noted two employees that received increases with only the signed approval from the department head
that require documentation in addition to approval as Augusta-Richmond County does not give merit raises.
EFFECT:
Approval for pay raises were not properly documented for two (2) employees in 2009 increasing the risk of
unapproved pay raises.
RECOMMENDATION.•
We recommend the human resources department obtain proper support for all pay raise requests prior to
making pay raise adjustments.
MANAGEMENT'S RESPONSE AND CORRECTNE ACTION PLAN.•
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
CURRENT STATUS:
This has been correct in 2010.
Finding 09-FS-02 (Reneat Findin�)
CRITERIA:
Proper internal control requires the preparation and review of reconciliations for balance sheet accounts and
bank accounts.
CONDITION:
During our financial statement audit, we noted errors in the preparation and review of two balance sheet
accounts resulting in adjusting journal entries.
CA USE:
Individuals preparing reconciliations are not performing reconciliations in a timely manner. Significant
reconciling items were not identified and carrected in a timely manner.
EFFECT:
Multiple journal entries were required during the course of the audit to adjust the balances of accounts
properly.
RECOMMENDATION:
We recommend management perform detailed reviews of all balance sheet account reconciliations, and
follow up timely for matters necessary for adjustments.
C-28
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs - Continued
Year Ended December 31, 2010
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.•
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources
CURRENT STATUS:
We noted two bank accounts that had errars that had to be corrected for 2010. Repeat finding. See current
year finding 10-FS-03. ,
FindinE 09-F5-03
CRITERIA:
Proper financial statement reporting requires all completed capital projects to be capitalized in a timely
manner.
CONDITIDN:
During our financial statement audit, we noted several complete SPLOST projects that were not capitalized
in the capital asset system when placed into service as required by generally accepted accounting principles.
CA t1SE:
There is lack of timely review of the status of projects on the SPLOST report, as compared to the physical
placement into service of the asset.
EFFECT:
A significant audit adjusting entry was required to properly capitalize the projects in the carrect budget year.
RECOMMENDATION:
We recommend management implement a detail review process that includes departmental communication
to the City's Assistant Controller to ensure all completed capital projects are properly capitalized in the
correct period.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the GovernmenYs resources
CURRENT STATUS:
This it has been correct in 2010.
Findin� 07-02
Federal Agency: U.S. Department of Housing and Urban Development
Federal Program: CFDA # 14.218 Community Development Block Grant; CFDA #14.239
HOME Investment Partnerships Program; CFDA #14.241 Housing
Opportunities for Persons with AIDS
Compliance Requirement: Reporting
Type of finding: Weakness in internal control (significant deficiency) and compliance (non-
material noncompliance)
C-29
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs - Continued
Year Ended December 31, 2010
CONDITION:
The Government inaccurately prepared the "HUD 60002, Section 3 Summary Report, Economic
Opportunities for Low and Very Low-Income Persons" for the Community Development Block Grant
(CDBG) Program, the HOME Investment Partnerships (HOME) Program, and the Housing Opportunities
for Persons with AIDS (HOPWA) Program for the year ended December 31, 2007. The Government did
not have procedures in place to ensure amounts reported on the Section 3 Summary Report were complete
and accurate.
CRITERIA:
The Government is required to submit an annual Section 3 Summary Report to report the number and
amount of Construction and Non-construction contracts awarded on CDBG, HOME, and HOPWA projects,
the number and amount of these contracts that were awarded to Section 3 businesses, and information
regarding employment and other economic opportunities provided to low and very low income persons
under Section 3 that resulted from these contracts.
EFFECTS.�
Inaccurate Section 3 Summary Reports were filed with the U.S. Housing and Urban Development Agency.
QUESTIONED COSTS:
None
Staff is not trained on completing the Section 3 Summary Reports. There is also no effective internal
control in place to ensure these performance reports are complete and accurate.
RECOMMENDATIONS:
We recommended the Government implement procedures to ensure information reported in the annual
Section 3 Summary Report is complete and accurate.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN.•
Management concurs with the finding. New procedures have been developed and implemented procedures
requiring contract recipients to complete required reporting upon completion of projects. The submitted
reports will be review and approved by management before submittal to the requiring authority.
CURRENT STATUS.•
No further action warranted
Finding 09-04
Federal Agency: U.S. Department of Transportation
Federal Programs: Airport Improvements Program
Compliance Requirement: Activities Allowed/Matching
Type of finding: Nonmaterial Noncompliance, Significant Deficiency
CRITERIA
Title 49 CFR 18.40 - Uniform Administrative Requirements for Grants and Cooperative Agreements to
State and Local Governments — states that Grantees must monitor grant supported activities to assure
compliance with applicable Federal requirements and that performance goals are being achieved. Grantee
monitoring must cover each program, function or activity. The Government did not monitor the Daniel
Field Airport grants to ensure ineligible activities were not supported with federal funds. Lack of
monitoring also resulted in matching requirements not being met.
C-30
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs - Continued
Year Ended December 31, 2010
CONDITION:
The Government did not have anyone designated to oversee the management of the Daniel Field Airport
grants who was familiar with grant compliance requirements. A third-party consultant had to supply the
Government's grant manager with relevant information pertaining to the grants, including grant award
letters, reports, and matching worksheets.
The grant included federal funds to support the lighting improvements on one airport runway at Daniel Field
Airport. The contract for the lighting improvements included work related to a second runway not
supported with federal funds. State funds were secured for this second runway project. The individual
designated to draw down grant funds was not familiar with the activities allowed by the federal grant. As a
result, the total amount of the vendor invoices for the lighting improvements for both runways were drawn
from the federal agency instead of only the portion related to the federally funded runway. The person
responsible for drawing the federal funds was also not familiar with the matching requirements of the
federal grant. As a result, the total expenditures were drawn down, including the State and local cost share.
QUESTIONED COSTS:
Questioned costs were calculated as $30,702. These costs were computed as federal funds drawn for the
portion of the runway lighting that was not funded with federal money, and the State and local matching
amounts that were not deducted from the federal draw.
CONTEXT:
The Government did not have a grant manager familiar with the OMB Compliance Supplement and
compliance requirements to oversee the Daniel Field Airport grants.
EFFECTS:
Possible effects are unallowable costs can be charged to the program, resulting in federal funds being drown
down improperly.
RECOMMENDATIONS:
We recommend the Government's grant manager be involved in the compliance management of all the
Government's grants that are managed by departments that do not have a financial director. This would
include Daniel Field Airport. The grants manager should maintain a copy of the grant application, award,
and all applicable agency requirements. The grants manager should review and approve all federal draw
downs and financial reports.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
CURRENT STATUS
Fully corrected. The Government refunded the questioned costs in FY 2010. Internal controls were
strengthened to ensure draws were net of the Governments required match.
FindinE 09-OS (Repeat Findin�)
Federal Agency: U.S. Department of Transportation
Federal Programs: Airport Improvements Program
Compliance Requirement: Reporting
Type of finding: Nonmaterial Noncompliance, Significant Deficiency
C-31
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs - Continued
Year Ended December 31, 2010
CRITERIA:
Recipients of federal funds have certain reporting requirements that must be met to ensure that use of the
funds are monitored and properly reported at the federal level. According to the OMB A-133 Compliance
Supplement, the Airport Improvements Program requires quarterly financial reports. The Government did
not comply with this requirement.
CONDITION:
Required quarterly financial reports were not prepared or submitted to the Federal Aviation Administration
during FY 2009 for activity at Daniel Field Airport.
QUESTIONED COSTS:
N/A
CONTEXT:
The Government did not have a grant manager familiar with the OMB Compliance Supplement and
compliance requirements to oversee the Daniel Field Airport grants and ensure the required reports were
filed accurately and timely.
EFFECTS:
A violation or failure to comply with Federal laws and regulations may result in the Federal agency
withholding payments to the County, withholding approval of further grants with the County, and any other
action deemed necessary to gain compliance.
RECOMMENDATIONS:
We recommend the Government's grant manager be involved in the compliance management of all the
Government's grants that are managed by departments that do not have a financial director. This would
include Daniel Field Airport. The grants manager should maintain a copy of the grant application, award,
and all applicable agency requirements. The grants manager should review and approve all federal draw
downs and financial reports.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding. New procedures and policies are being developed and implemented.
Additional training for the staff has been developed and implemented on the importance of following the
proper reporting procedures.
CURRENT STATUS
Repeat finding. See current year finding 10-05.
Finding 09-06 (Repeat Findin�)
Federal Agency: U.S. Department of Transportation
Federal Program: Federal Transit Program
Compliance Requirement: Procurement
Type of finding: Nonmaterial Noncompliance, Material Weakness
C-32
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs - Continued
Year Ended December 31, 2010
CRITERIA
2 CFR 215.40 — 215.48 sets forth the procurement standards that must be used by recipients expending
federal funds. The code states that all procurement transactions must be conducted in a manner to provide,
to the maximum extent practical, open and free competition. Procurement records and files for purchases in
excess of the small purchase threshold ($25,000) shall include the following at a minimum:
(a) Basis for contractor selection;
(b) Justification for lack of competition when competitive bids or offers are not obtained; and
(c) Basis for award cost or price.
CONDITION:
The Government did not have adequate internal control policies and procedures to ensure compliance with
procurement requirements. The Government's Procurement Policy states that when the procurement
transaction involves the expenditure of State or Federal Assistance, the transaction shall be conducted in
accardance with any applicable mandatory State ar Federal laws and authorized regulations. According to
the State of Georgia' Procurement Policy, all purchases in excess of $5,000 should be based on
competitive bidding whenever possible, unless a Statewide contract exists for the purchase. The
Government relies on the departments to ensure procurement policies are followed. The departments are
required to maintain documentation supporting the basis for vendor selection.
Our examination of equipment funded with the Federal Transit Autharity expenditures in the amount of
$84,000 for three bus engines that were purchased under a State Contract. No State Contract, however, was
made available for our review, nor were any documentation of bids provided.
QUESTIONED COSTS:
N/A
CONTEXT:
The Government relies on the departments for compliance with the procurement policy. Though the
departments are trained on the policies and procedures, there is no review to ensure the individual
departments are adhering to the policies.
EFFECTS:
The lack of support documenting the procurement process may result in purchases that may not have been
priced competitively.
RECOMMENDATIONS:
We recommend the Government ensure its personnel who are responsible for making procurement decisions
are aware of and comply with all federal and state purchasing rules and regulations. We also recommend
that personnel in the Procurement Department ensure proper documentation is available to support the
procurement of goods and services funded with federal and state money.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding and has already taken steps to implement the recommendations as
practically possible within the Government's resources.
CURRENT STATZIS
Repeat finding.
C-33
AUGUSTA, GEORGIA
Summary Schedule of Prior Audit Findings and Questioned Costs - Continued
Year Ended December 31, 2010
Findin� 09-07
Federal Agency: U.S. Department of Health and Human Services
Pass-through entity CSRA Regional Development Center
Federal Programs: Aging Cluster
Compliance Requirement: Allowable Costs, Reporting
Type of finding: Nonmaterial Noncompliance, Material Weakness
CRITERIA:
According to the contract between the Government and the CSRA Regional Development Center (the
"RDC"), the pass-through entity, the Government is to report monthly to the RDC the actual number of
service units provided during that month for each eligible participant. OMB — 87, Cost Principles for State,
Local, and Tribal Governments, also requires that costs be properly supported.
CONDITIDN:
During the 2008 audit results, communicated in October 2009, weaknesses and questioned costs were
identified, due to a lack of controls regarding documentation sufficient to meet compliance requirements.
During the 2009 audit procedures, it was noted that management had implemented additional controls over
compliance for this program, however for the 2009 financial statement year, the changes had not yet been
implemented. Therefore the conditions noted in the 2008 audit and reported as Finding 08-06 existed for
the 2009 year as well.
QUESTIONED COSTS:
Not determinable.
CONTEX7'.•
We selected a sample of ineals reported to the pass-through entity. Though we noted improvements related
to maintaining sign-in sheets to support the participants receiving meals, we still noted sign-in sheets were
not maintained for each month during FY 2009 to support 2009 expenditures. We also noted that
participants receiving more than one meal do not indicate their receipt through signature. Thus, we could
not test those meals as being given to eligible participants.
For FY 2009, changes were not implemented until late in the year with regard to parricipants verifying their
receipt of a meal. Discrepancies were still noted in November 2009. A new sign-in sheet was developed
and started use in January 2010.
EFFECTS:
Lack of supporting documentation indicating the participants receiving meals purchased with federal
funding could result in meals served to ineligible participants. This would result in non-compliance with the
grant and questioned costs.
RECOMMENDATIONS.•
Management should continue to implement the changes which were implemented during early 2010.
MANAGEMENT'S RESPONSE AND CORRECTIVE ACTION PLAN:
Management concurs with the finding, and has already begun implementing recommendations.
CURRENT STATUS.•
Substantially corrected.
C-34
r x �
� ..... . , � .
REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON THE SCHEDULE OF
SPECIAL ONE PERCENT SALES AND USE TAX PERFORMED IN ACCCORANCE WITH
GOVERNMENT A UDITING STANDARDS
Augusta-Richmond County Commission
Augusta, Georgia
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise
Augusta, Georgia's basic financial statements as a whole. The accompanying Schedule of Special One Percent Sales and
Use Tax of Augusta, Georgia, as of and for the year ended December 31, 2010, is presented for purposes of additional
analysis and is not a required part of the basic financial statements. The Schedule of Special One Percent Sales and Use
Tax of Augusta, Georgia is the responsibility of management and was derived from and relate directly to the underlying
accounting and other records used to prepare the financial statements. The information has been subjected to the auditing
procedures applied by us and the other auditors in the audit of the financial statements and certain additional procedures,
including comparing and reconciling such information directly to the underlying accounting and other records used to
prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance
with auditing standards generally accepted in the United States of America. In our opinion, based on our audit the
information is fairly stated in all material respects in relation to the financial statements as a whole.
��� �� � ���� ���
f
Augusta, Georgia
September 6, 2011
S-3
AUGUSTA, GEORGIA
SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX
Notes to Schedule of Special One Percent Sales and Use Tax
Year Ended December 31, 2010
Note 1- Summary of significant accounting policies
The accounting policies of Augusta's Special One Percent Sales and Use Ta�c 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.
Basis df accountine
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 (i.e., 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.
Estimates I
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.
S-4
AUGUSTA, GEORGIA
SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX
YEAR ENDED DECEMBER 31, 2010
EsUmated
Prior Current Percentage
SPLOST Original Cost Current Cost Years' Year Total of
Phase Projects Esdmate Estimate Cost Cost Cost Compleuon
Phase III Sand Hills Park $ 50,000 $ 48,256 $ 48,256 $ - $ 48,286 100%
Phase III Reynolds Park renovation 63,000 48,000 47,243 - 47,243 98�
Phase III Tanglewood Park renovation 30,000 30,000 25,849 - 25,849 86%
Phase III Wood Park 45,000 45,002 45,002 - 45,002 100 %
Phase III Lake Olmstead Bike Trail 90,000 90,000 90,000 - 90,000 100%
Phase III Radford Paric renovation 34,868 32,679 32,679 - 32,679 100%
Phase III Katherine Street 145,178 152,855 153,855 - 153,855 101 %
Phase III Georgia Regional 927 7 7 - 7 100%
Phase VII Augusta Canal - hand rail 50,000 50,133 50,133 - 50,133 100%,
Phase II Radio Control RR Switches - 100,000 100,000 - 100,000 100%
Phase II Parham Rd Improvement - 7,334 7,361 - 7,367 100q
Phase II Camp Angehele Road - 12,343 12,343 - 12,343 100%
Phase II Corridor & Gateway Entrance - - - - - ��
Phase III Suburban Forces Capital Equipment II 1,411,000 1,428,614 1,391,675 - 1,391,675 97%
Phase III Butts Memorial Bridge repair 245,000 184,540 184,899 - 184,599 100%
Phase III Phinizy swamp drainage improvement I 273,884 1,443 1,443 - 1,443 100%
Phase III Alexander Drive culvert repair 36,870 34,219 34,219 - 34,219 100%
Phase III Alexander Drive Culvert Repair II 18,500 18,570 18,597 - 18,597 100%
Phase III Raes Creek Channelization IV 13,325 13,194 13,194 - 13,194 100q
Phase III Traffic engineering improvement Phase 11 460,000 aso,57a a5a,ss0 - a5a,960 �Oi%
Phase III Paving various roads 1,026,875 518,021 518,021 - 518,021 100%
Phase III Paving Various Roads � - 829,506 562,299 - 562,299 68%
Phase III Lovers Lane land Acquisition - 357,111 193,174 2,820 195,994 55q
Phase III Resurfacing Hephzibah McBean Road � - 330,088 333,OS9 - 333,089 101 %
Phase III Canal Authority 500,000 501,801 501,801 - 501,801 100%
Phase III Arts Council 100,000 100,000 97,618 - 97,618 98%
Phaselll ForeAugusta 100,000 100,000 100,000 - 700,000 100%
Phase III HistoricAugusta 100,000 100,000 100,000 - 100,000 100%
Phase III Museum 200,000 200,000 200,000 - 200,000 100%
Phase III New Hope Community Center 100,000 - - - - ��
Phase lll Imperial Theater 150,000 150,000 150,000 - 150,000 100%
Phase III Augusta Mini Theater 150,000 879,174 879,174 - 879,174 100%
Phase III 4-H Club Road 41,000 65,415 62,892 - 62,892 96q
Phase III Riverwalk Playground 40,000 41,353 40,412 - 40,412 98%
Phase IV 8ob Baurle Boat Landing 150,000 103,728 77,944 9,535 87,479 84%
Phase IV May Park 120,000 130,022 124,773 - 124,773 96%
Phase IV Old Government House 120,000 123,716 107,103 1,864 708,967 88%
Phase III Sand Hills Park 1,080,000 1,199,464 1,195,646 - 1,195,646 100q
Phase IV The Boathouse 90,000 105,866 104,471 66 104,537 99q
Phase IV Elliot Park 400,000 418,785 403,898 - 403,898 96q .
Phase IV Savannah Place Park 455,000 859,919 838,001 518 838,519 9S %
Phase IV Augusta Soccer Complex 120,000 131,SSS 130,610 - 130,610 99 %
Phase IV Diamond Lakes Regional Park 5,800,000 1,697,163 1,698,254 920 1,699,174 100�
Phase IV McDuffie Woods Center 90,000 7,188 8,161 - 8,161 114%
Phase IV Augusta Aquatics Center 180,000 187,263 184,783 - 184,783 99%
Phase IV Augusta Golf Course (`1) 1,600,000 1,612,422 1,611,649 - 1,611,649 100%
Phase IV Belle Tertace Park 120,000 51,529 50,479 - 50,479 9Sq
Phase IV Blythe Recreation Center 120,000 124,157 110,685 - 110,685 89%
Phase IV Brookfield Park 1,200,000 1,254,681 1,252,082 - 1,252,082 100%
Phase IV Warren Road Center 120,000 147,228 131,499 - 131,499 S9%
Phase IV McBean Community Center 1,020,000 1,161,469 1,161,467 - 1,161,467 700�
Phase IV Transit (purchase buses) 250,000 385,336 77,681 - 77,681 20%
Phase IV Additional funds required to build a newShelter 1,000,000 1,256,184 1,256,183 - 1,256,183 100%
Phase IV Board of Health 2,000,000 2,000,000 2,000,000 - 2,000,000 100%
PhaselV Materialsfornewfacilities 1,000,000 1,027,405 1,027,404 - 1,027,404 100q
Phase IV JLEC (Re-roofing at 401 Walton Way) 395,500 399,982 112,207 - 112,207 28�
Phase IV Phinizy Road Jail, JLEC and 911 282,500 202,034 796,410 - 196,410 97%
Phase IV Records Retention Building Roof 107,400 110,546 110,547 - 110,547 700%
Phase IV JLEC (Replace exterior (inish) 565,000 973,302 612,439 5,449 617,888 63q
Phase IV Judicial/Courts Building 20,000,000 27,737,684 13,492,155 846,419 14,338,574 52%
Phase IV Tree replacement 398,000 387,635 387,291 - 387,291 100%
Phase IV Irrigation automation 102,000 124,343 8,960 10,244 19,204 15%
Phase IV . Payoff existing leases 4,084,637 3,430,393 3,430,388 - 3,430,388 100%
Phase IV Construction of Station N 7(Willis Foreman Road Area) 1,500,000 1,510,886 1,410,852 • 1,410,552 93%
Phase IV Combine Station # land #19 (East Boundary 8 Broad Area) 1,521,000 1,635,180 1,633,737 - 1,633,737 100%
Phase IV Consvuction of Station # 19 1,479,000 1,489,679 1,425,037 - 1,425,037 96%
Phase VII Laney Walker Boulevard - 2,486,984 2,486,984 - 2,486,984 t00M,
Phase VII Adjusting Roadway Structure V - 72,369 72,369 - 72,369 100%
Phase II SR 121 @ Wndsor Spring Tra�c 85,800 28,399 28,399 - 28,399 100%
Phase III ARC drainage improvements Phase I 116,750 94,260 94.260 - 94,260 100q
Phase III ARC drainage improvements Phase II 53,100 50,729 50,729 - 50,729 100%
Phase III SR 56 @ Goshen Road 88,000 362,718 362,718 - 362,718 100q
Phase 111 Belair Road improvement 2,361,000 2,373,721 184,281 750,096 334,377 14%
Phase III Berckman's Road 2,713,000 14,284 14,284 - 14,284 100%
Phase III Courtneys Detention Pond Emer Rep 70,805 71,074 69,923 - 69,923 98 k
Phase III Travis/ Plantation Road 2,361,000 368,255 183,366 - 183,366 50%
Phase IV Counry Forces 3,672,500 4,435,959 3,903,339 201,943 4,105,282 93q
Phase N Miscellaneous grading & drainage 4,650,000 3,514,221 2,756,889 425,830 3,182,719 83�
Phase IV Resudacing County Forces 5,975,000 1,404,943 1,049,929 54,474 1,104,403 79%
Phase IV Resurfacing 8,500,000 10,238,378 7,586,848 3,496,420 5,083,268 50%
Phase IV Paving various dirt roads �,000,000 3,450,668 3,392,355 - 3,392,355 98%
Phase IV Rail Road crossing improvement 750,000 825,258 101,238 - 101,238 12 %
Phase 1V Area) 2,656,200 2,848,419 1,184,278 101,113 1,285,391 45�
Phase IV Area) 7,469,OOQ 1,486,979 186,977 - 186,977 13%
Phase IV East Boundary improvements 1,318,700 6,497,352 6,315,047 3,521 6,318,568 97%
Phase IV Wheeler Road operational 433,600 52,674 52,674 - 52,674 100%
Phase IV Wrights6oro Road Widening Phase I 3,143,700 3,201,850 427,829 88,707 516,536 16%
Phase IV Washington Road intersection 849,800 1,546,517 1,234,704 87,309 1,322,013 85�0
Phase IV Hollywood S/D Area 2,640,800 325,163 325,160 - 325,160 t00�O
Phase IV Telephone system upgrade 527,082 535,811 535,812 - 535,872 100%
Phase IV GIS 474,400 482,274 475,060 - 475,060 99q
Phase IV Document imaging system 416,518 425,586 425,588 • 425,588 100q
Phase IV Springfield Village 200,000 200,000 81,284 - 81,284 41q
Phase IV Dyess Park 60,000 65,882 65,�43 - 65,743 100 %
Phase IV Newman Tennis Center 120,000 122,703 85,680 17,346 103,026 84 %
Phase IV South Augusta Brench Library 1,625,000 5,926,028 5,713,015 - 5,713,015 96�0
Phase N Library-main branch 7,375,000 9,713,194 7,528,438 2,105,791 9,634,229 99%
Phase IV Greene Street Property Purchase - 1,084,585 1,084,585 - 1,084,585 100%
S-5
AUGUSTA, GEORGIA
SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - Continued
YEAR ENDED DECEMBER 31, 2010
Estimated
Prior CuRent Percentage
SPLOST Original Cost Current Cost Years' Year Total of
Phase Projects Estlmate Esdmate Cost Cost Cost Completlon
Phase IV Construttion otStation #8 1,500,000 1,500,$57 1,438,500 - 1,438,500 96%
Phase IV Station 15 (Wrightsboro Road) 1,500,000 1,699,791 1,690,789 - 1,690,789 99%
PhaselV Engines 3,484,000 3,454,544 3,454,540 - 3,454,540 100%
Phase IV Aerials 1,300,000 1,312,973 1,311,971 - 1,311,971 100%
Phase IV Construction of Station #12 (Heph Mcbean Area) 1,500,000 1,341,361 1,275,233 - 1,275,233 95q
Phase IV Paving various dirt roads 1,000,000 920,725 346,883 - 346,883 38 %
Phase IV East Boundary Street 8 drainage improvements 1,318,700 203,632 171,413 - 171,413 84�0
Phase IV Wrightsbom Road improvements 1,500,000 1,514,969 14,968 - 14,968 1%
Phase IV Walton Way Extension / Davis Road 350,000 356,940 82,892 - 82,892 23 %
Phase IV Windsor Spring Road Section IV 1,250,000 1,300,500 307,298 - 307,298 24�
Phase IV Windsor Spring Rd Section V(SR88 Hepzibah - 1,257,484 7,484 - 7,484 1%
Phase III Washington Road Sidewalk 276,000 1,311 1,311 - 1,311 100%
Phase IV SL Sebastian Way/Greene SV 15th Street 3,457,800 13,581,620 13,391,541 198,954 13,590,495 100�
Phase IV T�affic improvement 621,500 763,556 307,699 261,876 569,575 75�
Phase N ANIC/Hopkins Street Improvements 2,000,000 1,330,363 906,908 154,431 1,061,339 80%
Phase IV Windsor Spring Road Section IV (Willis Foreman to Tobacco Road) 678,000 767,825 765,556 2,060 767,616 100q
Phase IV Ri(le Range Road @ Belair Road 62,200 5,981 5,981 - 5,957 100%
Phase IV Lake Olmstead Park 425,000 456,222 456,221 - 456,221 100%
Phase IV Bernie Ward - 106,111 95,267 - 95,267 90q
Phase IV Fleming Tennis - 100,195 100,195 - 100,195 100Y
Phase IV Meadowbrook Park - 90,899 91,633 - 91,633 101Y
Phase IV Hepzibah Community Ctr - 84,361 57,020 2,129 59,149 70%
Phase IV DDA - 856,709 682,098 75,037 757,135 88%
Phase IV St Sebastian Way/Greene St - 675,543 543 - 543 Oq
Phase IV Belair Hills Est Imp(W8S) - 112,603 112,605 - 112,605 100%
Phase II Pinnacle Place Drg Imp - 688,025 688,026 - 688,026 100q
Phase III SR 4/15th @cr 2207(Central Ave) - 117,434 28,557 3,676 32,233 27q
Phase III Richmond Hill Rd Sidewalks - 117,645 117,645 - 117,645 100%
Phase III Alexander Dr Emerqency Repair - 74,688 75,077 - 75,077 101%
Phase III Powell Rd Culvert Replacement - 234,036 234,464 - 234,464 100%
Phase III Point West Drainage - 1,023,399 868,790 47,502 916,292 90%
Phase III Oates Creek Rehab Proj - 843,266 213,266 - 213,266 25 %
Phase IV ARC Drainage - 1,185,200 1,185,200 - 7,185,200 100%
Phase IV Resurfacing PH VIII - 1,088,851 1,088,852 - 1.088,852 100%
Phase IV Lake Aumond Dam Improvements - 120,787 107,450 - 107,450 89%
Phase IV Belair Hills Estate • 6,745,283 2,711,963 2,716,471 5,425,434 80%
Phase IV Walton Way Extension/pavis Rd - 84,357 84,357 - 84,357 100%
Phase IV Windsor Spring Rd Section V(SR88 Hepzibah - 844,559 795,222 18,099 813,321 96q
Phase IV Apple Valley Park - 34,571 34,104 - 34,104 98q
Phase IV Pension Property Purchase 1,272,514 1,272,514 - 1,272,514 100 %
Phase IV Replacement ot Old Equipment - 577,908 577,605 2,301 579,906 100q
Phase IV Remodel Stations 3,4,11,13,14 8 17 - 656,585 324,729 - 324,729 49%
Phase I Pineview Drive - 136,416 136,416 - 136,416 100 %
Phase II ARC Drainage Imp Phase I - - - - - 0%
Phase II Walton Way Extension - 544,470 544,473 - 544,473 100%
Phase II State Rd 121/US25 Windsor 886,258 212,244 - 212,244 24q
� Phase III Wilkerson Garden - 409,037 254,332 144,191 398,523 97%
Phase IV Remodel Station #4 - 171,629 111,629 - 111,629 100%
Phase IV Remodel Station #6 - 1,405,386 1,360,818 - 1,360,818 97%
Phase N Fire Training Center - 737,607 737,607 - 737,607 100%
Phase II Traffic Signs Upgrade - 50,273 50,274 - 50,274 100%
Phase I Flood Control Feasabiltiy Study - 20,796 20,796 - 20,796 100%
Phase II Storm Pipe Replacement - 143,068 141,146 - 141,146 99%
Phase II Warren Lake - Rock Creek - 13,243 13,243 - 13,243 100%
Phase II Winchester Drainage Improvement - 441,261 220,453 - 220,453 50%
Phase IV Laney Stadium - 3,521,074 3,521,074 - 3,521,074 100�
Phase IV Augusta Museum of History - 1,134,430 1,123,368 - 1,123,368 99`Y
Phase IV 13th Street Streetscape - 100,125 3,625 - 3,625 4%
Phase IV Barten Plaza Lighting - 95,470 95,470 - 95,470 100�
Phase IV Pension Property Cleanup - 2,490,068 2,490,062 - 2,490,062 100q
Phase IV Remodel Station #3 - 258,128 238,175 - 238,175 92q
Phase IV Willis Foreman Road Bridge Study - 101,942 92,834 8,432 101,266 99%
Phase IV Willis Foreman Road Bridge 2,224,636 22,944 736,805 759,749 34q
Phase N Remodel Station #11 - 153,666 106,435 - 106,435 69q
Phase N Construction Station #10 - Land 728,491 491,946 236,545 728,491 100q
Phase IV Training Tower and Burn Simulator - 1,754,149 1,438,886 112,964 7,551,850 88%
Phase IV Renovation of Administrative Center - 2,418,309 2,174,448 75,609 2,190,057 91 %
PhaselV PavingVariousRoads-PhaseX 1,047,876 19,211 198,982 278,193 21�0
Phase N Construction Station #10 1,253,864 11,106 107,014 118,120 9%
Phase VI Albion Acres ' 142,534 142,534 142,534 - 142,534 100 %
Phase VI Sth Street storm sewer improvements 154,250 70,584 70,584 - 70,584 100%
Phase VI 3rd Level Canal cleaning 700,000 728,939 540,2D1 41,726 581,927 80%
Phase VI Walton Way Reconstruction 600,000 600,000 600,000 - 600,000 100%
Phase VI 15th St Utility Relocation 350,000 - - - - 0%
Phase VI 9th Street Parking renovation 50,000 1,736 1,736 - 1,736 100q
PhaseVl Laney-Walkerreconstruction 96,600 180,600 146,923 - 146,923 Stq
Phase VI Rae's Creek 440,000 1,163,167 989,578 - 989,578 85%
Phase VI Eisenhower Emergency Driveway - 41,754 14,346 - 14,346 34%
Phase I Small Projects 181,230 181,230 181,230 - 181,230 700%
Phase I Adjusting roadway structure 100,289 82,700 82,700 - 82,700 100%
Phase I Phinizy Swamp drainage 163,998 58,617 58,617 - 58,617 100%
Phase I Stevens Creek /Clausen Road 358,584 361,SSS 299,329 - 299,329 83%
Phase I Jackson Road widening 105,776 108,776 108,776 - 108,776 100%
Phase I Berckmans Road 1,793,000 9,441 9,441 - , 9,441 100 %
Phase I 8elair Road Extension 666,005 741,074 741,074 - 741,074 100q
Phase I Turpin Hill Rdwy. 1,102,076 1,020,879 1,020,879 - 1,020,879 100%
Phase I Doug Bernard Parkway 2,170,763 1,874,524 1,874,524 - 1,874,524 100%
Phase I Rocky Creek Tributary 130,832 132,038 63,706 • 63,706 48 %
Phase I Hyde Park Drg 94,945 94,945 94,945 - 94,945 100%
Phase I Belair Hills Estate 33,�00 33,700 33,700 - 33,700 100%
Phase I Windsor Spnng Road, Section I 2,780,104 2,780,704 2,780,104 - 2,780,104 100�
Phase I WindsorSpring Road, Section II 1,708,213 1,707,397 1,707,396 - 1,707,396 100%
Phase I Windsor Spring Road OH-site 69,793 69,793 69,793 - 69,793 100%
Phase I Tobacco Raod-Phase II 1,591,127 1,511,764 1,511,764 - 1,511,764 100q
Phase I Barton Chapel Road, Phase I 1,488,591 963,324 992,624 - 992,624 103%
Phase I Peppreidge Drive 4,150 4,150 4,150 - 4,150 100%
Phase I Boykin Rd Drainage 62,500 62,500 62,500 - 62,500 100%
Phase I Hephzibah-McBean/Brothersville 329,440 364,875 364,874 - 364,874 100%
Phase II Small projects 417,978 239,172 239,162 - 239,162 100%
S-6
AUGUSTA, GEORGIA
SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - Contlnued
YEAR ENDED DECEMBER 31, 2010
EsUmated
Prior CurreM Percentage
SPLOST Original Cost Current Cost Years' Year Total of
Phase Projects Estlmate Esdmate Cost Cost Cost Completlon
Phase II NPDES 504,705 515,992 515,378 - 515, 78 100�0
Phase II JLEC 2,000,000 1,886,471 1,809,182 - 1,809,182 96%
Phase II Bobby Jones Expressway 284,286 237,618 237,618 - 237,618 100%
Phase II Bobby Jones @SR 56 187,000 171,457 171,457 - 177,457 100%
Phase II fury's Ferry Rd 126,500 - - - - 0%
Phase II Jackson Road widening 2,537,671 2,315,812 2,318,812 - 2,318,812 100%
Phase II PerimeterParkway Improvements 981,820 870,614 870,614 - 870,614 100%
Phase II Wrightsboro Road Operational 251,000 210,210 210,210 - 210,210 100%
Phase II Belair Road 555,851 88,600 88,600 - 88,600 100%
Phase II Wheeler Road widening 1,576,000 1,015,885 974,456 - 974,456 96%,
Phasell CaneCreekChannellmp 1p21,720 1,105,881 1,105,SSt - 1,105,881 100%
Phase II Rae's CreekChannel Improvement 1,758,382 1,756,878 1,756,878 - 1,756,878 100%
Phase II Olive Road realignment 134,796 134,796 7,996 - 7,996 6%
Phase II North Leg Bridge Widening 22,000 - - - - ��
Phase II Wheeless Road 819,500 819,500 566,348 - 566,348 69%
Phase II Lakeside Drainage 323,447 265,389 265,389 - 265,389 100 %
Phase II Hyde Park 1,716,000 1,048,444 1,048,444 - 1.048,444 700%
Phase II Apple Valley drainage improvements 769,061 769,061 755,779 - 755,779 98q
Phasell SR4/US1 16,500 12,413 12,413 - 12,413 100%
Phase II Windsor Spring Road 1,055,386 919,146 919,146 - 919,146 100%
Phase II Tobacco Road 3,046,858 2,736,545 2,736,545 - 2,736,545 100%
Phase II Lock 8 Dam Road 404,522 364,826 364,826 - 364,826 100�
Phase II Barton Chapel Rd, Phase 1 29,300 29,300 29,300 - 29,300 100%
Phase II Barton Chapel Road, Phase II 2,036,000 2,769,553 2,769,553 - 2,769,553 100% �
Phase II SR 10/US 223 Gordon Highway 84,500 74,893 74,893 - 74,893 100%
Phase II Pepperidege Drive Intersection 172,177 156,358 156,358 - 156,358 100%
Phase II SR 56 at Phinizy 399,425 342,695 342,695 - 342,695 100%
Phase II Fall Line Freeway 77,000 - - - - 0 �
Phase II Paving Various Rd., Phase V 1,200,000 725,423 725,423 - 725,423 100%
Phase II Boykin Road Drg. 1,466,609 1,367,118 1,367,118 - 1,367,118 100%
Phase II SR 56 @Old Waynesboro Rd 416,000 461,687 461,686 - 461,686 100%
Phase II Willis Foreman Road Dc 350,100 440,304 440,302 - 440,302 100% �
Phase II Sand Ridge Smrm 341,800 218,682 218,682 - 218,682 100q
Phase II SR 56 Old Savannah Road 552,500 375,003 375,004 - 375,004 100%
Phase III Kimberly Clark Industrial Park 2,215,000 2,215,633 350,210 - 350,210 16%
Phase III Municipal Building 6,721,250 8,599,865 7,245,825 178,549 7,424,374 86%
Phase III Library (South Richmond) 700,000 709,881 654,985 - 654,985 92%
Phase III Board of Health 7,000,000 7,000,000 7,000,000 - 7,000,000 100N,
Phase III Augusta Mini Theater 850,000 856,245 816,593 - 816,593 95%
Phase III Lucy Crak Laney Museum 800,000 762,295 762,295 - 762,295 100%
Phase III Georgia Golf Hall of Fame 4,000,000 4,000,000 4,000,000 - 4,000,000 100%
Phase III Bethlehem Community Ctr 27,194 61,320 61,320 - 61,320 100%
Phase III Administration 182,795 181,816 181,816 - 181,816 100q
Phase III Warren Rd Renovation 373,249 373,249 373,249 - 373,249 100%
Phase III Bennie Ward 110,000 109,508 109,508 - 709,508 100%
� Phase III Riverfront Pavilion 655,648 655,561 655,561 - 655,561 100%
Phase III May Park 525,000 522,779 522,779 - 522,779 100%
Phaselll WestAugustaSoccerField 1,000,000 999,739 999,739 - 999,739 100%
Phase III WT Johnson renovation 306,500 305,831 305,831 - 305,831 100%
Phase III BelaidFlager Road renovations 112,650 112,602 N2,602 - 112,602 100%
Phase III Dyess Park renovation 192,993 192,993 192,773 - 192,773 100%
Phase III South Augusta Recreation Administrative Complex 7,550,000 7,552,419 7,552,419 - 7,552,419 100%
Phaselll AquaticNatatorium 5,143,000 5,140,093 5,740,093 - 5,140,093 100q
Phase III Golden Camp/Belle TERR 929,119 927,295 927,925 - 927,925 100 %
Phase III Belle Terrace Renovation . 232,111 233,169 233,169 - 233,169 100�
Phase III Elliott Park 100,000 100,089 99,911 - 99,911 100�
Phase 111 Heath Pool 5,000 - - - - 0�
Phase III Jones Pool 35,000 35,017 35,017 - 35,017 100%
Phase III Doughty Park 50,000 50,479 50,479 - 50,479 100 %
Phaselll EastviewPark 227,500 169,161 169,161 - 169,161 100%
Phase III Hephizah/Carroll Park 175,358 175,185 175,185 - 175,785 700%
Phase III Jamestown Park 112,566 112,566 112,566 - 112,566 100�
Phase III McBean Park 140,000 140,949 139,735 - 139,735 99%
Phaselll MinnickPark 55,000 53,849 53,849 - 53,849 700%
Phase III Savannah Place 245,000 248,769 244,942 - 244,942 98 %
Phase III Blythe Community Center 708,000 703,302 703,302 - 703,302 100%
Phase III Chafee Park Gym renovation 124,889 14,374 14,374 - 14,374 100%
Phase III Hillside Park renovation 50,000 47,400 . 45,594 - 45,894 97%
Phase III Lock & Dam renovation 75,000 34,992 34,993 - 34,993 100 %
Phase III Julian Smith renovation 742,207 742,182 742,182 - 742,182 100% ,
Phase III Fleming Building renovation 100,000 90,SS4 90,883 - 90,883 700q
Phase III Gracewood Park renovation 152,076 152,242 202,373 - 202,373 133q
Phase III Lake Olmstead Park 43,793 43,793 43,793 - 43,793 700%
Phaselll FlemingAthleticComplex 133,850 133,170 133,770 - 133,170 100%
Phase III ChesterAvenue renovation 151,500 151,500 147,926 - 747,926 98%
Phase III Boykin Road Park 40,000 39,811 39,517 - 39,811 100q
Phaselll EisenhowerParkGym 1,477,000 1,476,000 1,476,000 - 1,476,000 100%
Phase VII Discovery Center Ent 353,137 352,954 352,954 - 352,954 100%
Phase VII SC Sebastian Extension 1,368,969 7,651,504 1,647,366 - 1,647,366 100%
PhaseVll 2ndStreetOutlall 762,760 1,546,089 1,546,089 - 1,546,089 100%
Phase VII 6th Street handicap ramp 517,347 625,358 611,J66 - 611,966 98�0
PhaseVll TurknettSpringsDetention 225,161 337,300 306,132 - 306,132 91M
Phase VII Augusta Commons 1,825,291 3,652,638 3,652,638 - 3,652,638 100%
Phase VII Martin Luther King drainage 273,794 727 727 - 727 100%
Phase VII Inter Ciry Arts - Imperial 300,000 300,000 225,000 - 225,000 75%
Phase VII CSO 10,500,000 10,546,852 9,629,637 - 9,629,637 91%
PhaseVll Wetlands 10,500,000 10,508,941 9,591,726 - 9,591,726 91%
Phase VII Third Level Canal Cleaning 491,506 500,339 495,478 - 495,478 99%
Phase VII Walton Way reconstruction 1,273,638 1,275,936 1,277,021 - 1,277,021 t00q
Phase VII Augusta Canal 950,000 1,955,937 1,885,044 - 1,885,044 96�
Phase VII Goodale Landing 124,030 101,706 101,706 - 101,706 t00q
Phase VII Resurfacing various streets 3,406,729 214,225 214,225 - 214,225 100%
Phase VII Resurfacing various sveets 1996 127,935 128,275 128,275 - 128,275 100%
Phase VII Resurfacing Various Roads 756,500 519,928 519,928 - 519,928 100q
Phase VII Street & drainage improvement 694,599 145,550 145,550 - 145,550 100%
Phase VII Administration 2,774,251 2,779,256 2,376,389 - 2,376,389 86Y
Phase VII East Augusta drainage 35,450 - - 0%
Phase VII Jackson Road widening � 200,000 200,000 200,000 - 200,000 100%
Phase VII Perimeter Parkway 25,000 9,458 9,458 - 9,458 100%
S-7
AUGUSTA, GEORGIA
SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - Continued
YEAR ENDED DECEMBER 31, 2010
EsUmated
Prior CurteM Percentage
SPLOST Original Cost Curtent Cost Years' Year Total of
Phase Projects Estimate Estimate Cost Cost Cost Completlon
Phase VII Crane Creek 150,00 399 399 ---� 1��
Phase VII Belair Rd Ext 75,000 75,005 75,005 - 75,005 . 100%
Phase VII Rae's Creek Channel Phase II 257,000 683 683 - 683 100%
Phase VII Centennial Park Fountain 85,000 85,594 81,443 - 81,443 95 %
Phase VII Paving various roads 50,000 50,090 133 - 133 0�
PhaseVll Rae'sCreekTrunk/Sewer - 1,112,325 808,993 - 808,993 73%
PhaseVll StreetDrainagelmprovement-EastAugusta - 963,516 154,669 160,265 314,934 33%
Phase VII eerckman Road Sidewalk - 3,809 3,809 - 3,809 100�
Phase VII 3rd Ave / Nellieville Guardrail - 27,320 24,420 - 24,420 89%
Phase VII Floyd Creek Drainage Improvement - 10,180 � - - - o�
Phase III Surburtan Forces Widening 150,000 150,570 1,580 - 1,580 1N
Phaselll Suburbanforces 4,143,317 1,895,070 1,861,072 - 1,861,072 98�
Phase III Suburban Forces 5,000,000 192,327 160,929 - 160,929 84q
Phase III Resurfacing various roads Phase V 633,250 602,707 603,587 - 603,587 100%
Phase III General Easement 50,000 50,858 14,853 75,546 30,399 60%
Phase III Administration 5,720,000 5,902,501 5,930,993 - 5,930,993 100M,
Phase III Administration 1,780,000 1,785,159 1,682,271 - 1,682,211 94q
Phase III New Savannah Road 1,431,000 7,535 7,535 - 7,535 t00M
Phase III Sidewalk Contract Phase II 296,000 354,116 354,116 - 354,716 100%
Phase III Fury's Ferry Road 22,000 116 116 - 176 100q
Phase III Alexander Drive 2,022,795 5,774,559 5,171,560 145,576 5,317,436 92�
Phase III Washington Road Sidewalk III 200,000 348 348 - 348 100%
Phase III Old Savannah Road/ Twigg Street 2,060,000 2,081,610 - 126,183 377,050 503,233 24%
Phase III Stevens Creek/Claussen Road 1,421,250 1,127,009 1,127,009 - 1,1D,009 100�0
, Phase III Forest Park Subdivision drainage 815,348 698,269 698,269 - 698,269 100%
Phase III Bobby Jones Expressway 165,000 440,983 27,146 - 27,146 6�
Phase III Wrightsboro Road 1,984,000 2,038,835 1,215,868 776,093 1,391,961 68�
Phase III Warren Road 1,271,000 3,213,799 2,604,674 42,624 2,647,298 82%
Phase III Miscellaneous 155,425 157,013 157,073 - 157,013 100%
Phase III Tanglewood 8 Kingston s/d drianage 797,500 695,996 695,996 - 695,996 100q
Phase III Hillwood CresUWhitehead Drive 358,856 247,177 247,177 - 247,177 100%
Phase III Skinner Mill Road Extension 1,517,311 1,519,459 1,519,459 - 1,519,459 100%
Phase III Cook Road 8 Glendale 2,811,281 1,713,330 1,713,330 - 1,713,330 100%
Phase III Sibley Road Railroad Crossing 129,950 130,444 685 - 685 1%
Phase III Wylds Road Railroad Crossing 129,950 130,444 685 - 685 tq
Phase III Windsor Spring Road 2,133,000 5,906,213 3,253,646 1,103,325 4,356,971 74%
Phase III Old Savannah Road 961,000 1,171,425 100,275 - 100,275 9%
Phase III Richmond Hill Road 1,028,500 784,660 784,660 - 784,660 100q
Phase III Bobby Jones Expressway 110,000 36,618 36,618 - 36,618 100%
Phase III Dunham Coun 127,000 97,178 97,178 - 97,178 100�
Phase III Wheeles Road Bridge 13,200 73,250 13,231 - 13,231 100Y
Phase III Traffc engineering improvements 111,000 91,657 91.657 - 91,657 100%
Phase III SR 4/US 1 55,000 290 290 - 290 100�
Phase III Marvin Gri(fin Road 1,375,600 3,451,415 249,550 38,668 288,218 8%
Phase III Antler Drive West drainage improvements 377,000 244,932 245,290 - 245,290 100%
Phase III Morgan Road 1,571,000 5,400,927 1,108,257 1,821.959 2,930,216 54�
Phaselll Woodcrest/CSXDrainage 175,400 923 923 - 923 100%
Phase III Deans Bridge @Tobacco 165,000 78,613 78,613 - 78,613 100 %
Phase III Fall Line Freeway Section II 55,000 290 290 - 290 100%
Phase III Paving various roatls Phase IV & V 269,209 270,627 270,627 - 270,627 100 %
Phase III Paving various roads Phase VI 950,000 176,130 176,130 - 176,130 100%
Phase III Willis Foreman Road 147,751 138,533 138,533 - 135,533 100M
Phase III Birdwell Road Wetlands Bank 11,000 58 58 - 58 100 %
Phase III McCombs Road Section I J90,884 712,838 712,838 - 712,838 100%
Phase III McCombs Road Section II 961,665 �22,511 722,511 - 722,511 100%
Phase III Library 1,700,000 1,701,742 1,701,649 - 1,701,649 100%
Phase III Animal Control renovation 1,220,946 979,527 979,528 - 979.528 100�
Phase III New administretive of(ices 2,350,000 2,377,325 1,028,937 • 1 A28,937 43%
Phase III Shiloh Community Center 575,000 575,000 560,948 - 560,948 98%
Phaselll SpringfieldBaptistChurch 1,300,000 1,D5,732 1,275,732 - 1,275,732 100%
Phase 111 New Hope Community Ctr 250,000 250,000 250,000 - 250,000 100 %
Phase III Beulah Grove 200,000 200,000 200,000 - 200,000 100%
Phase III Hyde Park renovation 122,350 97,402 91,955 - 91,955 94%
Phase III Central Park renovation 70,000 65,375 65,375 - 65,375 100%
Phase III Bayvale Park renvoation 26,000 9,021 6,984 - 6,984 77%
Phase III Heard Avenue Park renovation 6,000 3,883 3,883 - 3,883 100 %
Phase III Troup St Pk Renovation 10,000 - - - - 0 �
Phase III Hickman Park renovation 100,000 91,044 80,831 - 80,831 89 %
Phase III McDuffie Woods Park renovation 150,000 145,330 148,330 - 148,330 100 %
Phase III Meadowbrook Park renovation 45,000 47,554 47,216 - 47,216 99� �
Phase III Julian Smith BBQ renovation 187,000 186,558 186,558 - 186,555 100�0
Phase III Blount Park renovation 19,000 2,600 2,600 - 2,600 100Y
Phase III Augusta Canal Master 100,000 103,312 103,312 - 103,312 100%
Phase III Big Oak Park renovation 65,000 65,230 47,118 - 47,118 72q
Phase III Wood Street South Ball Field 47,000 47,234 44,858 - 44,858 95�
Phase III Wood Lake Park renovation 100,000 100,834 95,963 - 98.963 98%
Phase III Royal (Barrett) Park renovation 12,000 5,086 5,086 - 5,086 100%
Phase III Garrett 500,000 500,000 500,000 - 500,000 100%
Phaselll WestVinelandParkrenovation 20,000 20,119 20,119 - 20,119 100%
Phase III Bedford Heighis 35,000 35,215 32,262 - 32,262 92q
Phase III 4- H Camp Park renovation 20,000 18,630 17,478 - 17,478 93 %
Phase VII Adjusting RdNVay Structure 200,000 62,498 62,498 - 62,498 100%
Phase I International Boulevard Eztension 340,000 289,800 289,800 - 289,800 700%
. Phase II Walton Way Extension 1,385,000 - - - - �q
Phase II Skinner Mill Roatl CuWert Extension 153,100 11,876 11,876 - 11,876 100%
Phase II Rocky Creek Hazard Mitigatio 717,860 62,064 62,064 - 62,064 100%
Phase III Resurfacing various roads Phase VI � 1,350,000 1,123,739 1,123,739 - 1,123,739 t00q
Phase III Suhurban Forces Capital Equipment 1,664,000 1,670,778 1,777,688 - 1,717.688 103�
Phase III Railroad Street slope repair 289,500 33,459 33,459 - 33,459 t00q
Phase III Wheeler Road Signal Plan Analysis 10,000 7,799 7,799 - 7,799 100%
Phase III Gordon Highway median barrier 185,000 185,703 1,256 - 1,256 1%
Phase III Mason Road Bndge @ Claudia 275,000 197,329 197,329 - 197,329 100q
Phaselll BungalowRoad 776,000 3,964,567 2,994,291 31,820 3,026,111 76�
Phase III Woodlake Subdivision 939,000 942,567 43,817 - 43,817 5�
Phase III Pepperidge Point Retention Pond 50,000 32,667 32,677 - 32,677 100%
Phase III Windsor Spring Rd Sec IV - 1,572,174 331,815 225,387 557,202 35 %
Phase III Windsor Spring Rd Sec V - 1,565,032 457,344 58,002 575,346 33%
Phase III Flood control feasibility 1,637,649 2,778,036 2,614,087 163,949 2,778,036 100%
Phase V Judicial Center- County Court House 40,016,200 40,225,604 16,248,735 22,027,997 35,276,732 95q
S-8
AUGUSTA, GEORGIA
SCHEDULE OF SPECIAL ONE PERCENT SALES AND USE TAX - Contlnued
YEAR ENDED DECEMBER 31, 2010
Estlmated
Prior Current Percentage
SPLOST Original Cost Current Cost Years' Year Total of
Phase Projects Estlmate Estimate Cost Cost Cost Completion
Phase V Webster Detention enter 36,00�,000 36,190,982 15,592,460 20,090,112 35,682,572 99q
Phase V Exhibit Hall 20,000,000 20,085,160 933,520 8,958,251 9,891.771 49%
Phase V SheriHAdministation Relocation 3,000,000 3,001,957 36,513 205,839 242,352 S%
Phase V RCCI Renovations 750,000 752,893 64,507 304,335 368,842 49%
Phase V Main Library 14,700,000 14,724,150 12,067,033 2,540,427 14,607,460 99�
Phase V Augusta Canal Improvements 2,500,000 2,500,000 2,500,000 - 2,500,000 100%
Phase V Augusta Canal Bond Repayment 8,200,555 8,200,555 8,200,555 - 8,200,555 100�
Phase V Bond Debt Service 5,417,800 5,417,800 - - - ��
Phase V Redundant Fiber Ring 1,000,000 1,000,280 - 29,409 29,409 3%
PhaseV Di9italOthophotography 286,480 286,539 - 281,371 281,371 98%
PhaseV Pictometry 773,520 114,398 - 113,313 113,313 99%
Phase V Wireless Access Point 200,000 201,745 - 783,566 183,566 91%
Phase V Disaster Recovery Plan 400,000 401,809 - 190,347 190,347 47M
Phase V Flood Land Acquisition 500,000 500,000 - - • 0%
Phase V Wrightsboro Road Project 4,000,000 3,500,000 - - - 0%
PhaseV D'AntignacStreetFloodAVOidance 1,000,000 4,179,118 800,351 1,771,261 2,571,612 62q
PhaseV Administration-Engineering 2,500,000 3,000,000 2,271,994 409,338 2,681,332 89%
Phase V Marks Church Road Improvement 2,500,000 2,503,363 146,052 353,799 499,851 20q
Phase V Fire Stations 8 Training Center 6,000,000 6,000,000 - - - ��
Phase V Lake Olmstead Stadium � 360,000 400,000 399,927 - 399,927 100%
Phase V Augusta Soccer Park 180,000 180,077 157,502 . 8,127 165,629 92%
Phase V The Boat House 90,000 90,000 90,000 - 90,000 100%
Phase V Apple Valley Park 315,000 315,000 283,994 - 283,994 90�
Phase V WT Johnson Park 67,500 67,500 63,636 - 63,636 94q
Phase V MM Scott Park 270,000 270,674 123,550 70,897 194,447 72%
Phase V Diamond Lakes Park 720,000 785,020 780,204 2,120 782,324 100%
Phase V Jamestown Park 135,000 198,989 184,369 13,569 197,938 99�0
Phase V Wood Park 270,000 270,000 270,946 - 270,946 100�0
Phase V Valley Park 22,500 22,500 9,032 - 9,032 40 %
Phase V Goshen/Brown Road Park 135,000 135,000 - - - ��
Phase V McDuffie Woods Park 90,000 90,018 51,515 1,923 53,438 59 %
Phase V McBean Park 180,000 180,000 175,175 - 175,175 97%
Phase V Pleming Tennis Center 112,500 112,598 101,090 10,347 111,437 99%
Phase V Lock and Dam Park 49,500 49,528 45,573 2,915 48,488 98%
Phase V May Park 67,500 67,500 67,500 - 67,500 100%
Phase V HH Brigham Park 117,000 117,000 116,283 - 116,283 99 %
Phase V Land Acquisition 180,000 166,390 129,931 26,250 156,181 94 %
Phase V Dyess Park 63,000 63,007 26,386 762 27,148 43 %
Phase V Brookfield Park 45,000 45,005 40,400 480 40,880 91%
Phase V Lake Olmstead Park 207,000 207,000 200,888 • 200,SS8 97%
Phase V Blythe Park 180,000 180,138 150,009 14,489 164,498 91M
Phase V Newman Tennis Center 108,000 108,277 89,106 19,764 108,870 101�
Phase V Meadowbrook Park 108,000 108,000 81,203 - 81,203 75Mo
PhaseV Adminisiration-Recreation 500,000 651,000 475,246 157,423 632,669 97%
Phase V Augusta Marina 67,500 67,500 67,103 - 67,103 99%
Phase V Old Government House 45,000 45,000 40,700 - 40,700 90 %
Phase V Doughry Park 27,000 27,093 � - 9,793 9,793 36%
Phase V Fleming Park 67,500 67,514 61,394 1,488 62,882 93q
Phase V Hickman Park 27,000 27,040 - 4,240 4,240 76q
Phase V Aquatics Center 90,000 90,041 82,218 4,356 86,574 96%
Phase V Boykin Road Park 27,000 27,000 - - - 0�
PhaseV EisenhowerPark 45,000 45,106 16,717 11,165 27,882 62q �
Phase V Warren Road Park 31,500 31,506 29,368 608 29,976 95%
Phase V Imperial Theater 500,000 500,000 500,000 - 500,000 100%
Phase V Augusta Mini Theater 500,000 500,000 500,000 - 500,000 100%
Phase V Lucy Craft Laney Museum 200,000 200,000 109,043 13,144 122,187 61q
Phase V The MACH Academy 100,000 100,000 100,001 - 100,001 100%
Phase V Recreation, Historic, Cultural and Other Buildings 400,000 400,000 - - - 0%
Phase V Augusta Museum 400,000 400,000 400,000 - 400,000 100%
PhaseV CityofHephzibah 3,104,000 3,104,000 3,104,000 - 3,104,000 100�0
Phase V City of Blythe 972,000 912,000 972,000 - 912,000 100�0
Phase II Rock Creek / Warren Lake Restoration - 1,216,778 45,596 92,150 137,746 11M
Phase III Dover-Lyman Project - 2,000,076 218 321 539 0%
Phase IV Augusta Levee Certifiction - 1,009,874 832,503 90,448 922,951 91%
Phase IV Rocky Creek Drainage Project - 3,627,900 - - - 0%
Phase IV Broad Street Improvements@ Bus Terminal - 213,963 80 211,295 211,375 99%
PhaselV TurknettSpringsDetention - 299,700 - 141,465 741,465 47%
Phase IV Bus Barn - 3,397,219 1,713,818 1,072,818 2,786,636 82°/a
Phase IV Industry Infrastructure - 803,358 85,534 19,475 105,009 13%
Phase III Wrightsboro Road Adaptive Traf(ic Control - 129,120 - - - ��
Phase III Washington Road Adaptive Traffice CoNrol - 50,990 - - - �`�
Phase III Broad Street Sanitary Sewer - 118,000 - - - Q�
Phase III Interstate Parkway Storm Drainage - 56,807 - 56,790 56,790 100�0
PhaselV BulterCreekPark - 86,204 - 86,204 86,204 100%
Phase IV On Call Construction Services - 164,190 - 64,441 64,441 39q
Phase IV Village West Storm Drainage - "413,144 - 409,381 409,381 99%
Phase VI Sheriffs New Adminisiration Building 6,000,000 6,000,000 - 208,630 208,630 3%
Phase VI Webster Detention Center- Phase IIA 2,000,000 2,000,000 - 14,548 14,548 1%
Phase VI Boathouse Community Facility 300,000 300,000 - 18,155 15,158 6q
Phase VI Lake Olmstead Casino 100,000 100,000 - 12,651 12,651 13%
Phase VI Lake Olmstead BBQ Pit 50,000 50,000 - 18,373 15,373 37 %
Phase VI Bulter Creek Park 40,000 40,000 - 13,465 13,465 34%
Phase VI Baurle Boat Ramp 55,000 55,000 - - - 0%
Phase VI Bush Field 8,500,000 8,500,000 - 151,690 151,690 2%
Phase VI Daniel Field 2,000,000 2,000,000 - 168,954 168,954 8%
Phase VI Golden Harvest Food Bank Building 250,000 250,000 - 250,000 250,000 100%
Phase III Immaculate Conception 250,000 503,281 253,281 - 253,281 50%
Phase II Delta Cost Sharing 144,267 288,534 144,267 - 144,267 50q
Phase III NSC Discovery Center 1,500,000 1,500,000 1,500,000 - 1,500,000 100%
Phase III P and 2 Handicap Access 26,250 26,250 26,250 - 26,250 100 %
Phase II EastAugusta drainage - 1,147,379 1,147,379 - 1,147,379 100%
Phase III Willow Creek 40,000 70 70 - 70 100q
Phase II Council Drive 102,459 102,459 102,459 - 102,459 100%
Phase II General Roadway 361,393 361,393 361,393 - 361,393 100q
Phase II Trees and landscaping 96,000 55,477 55,476 - 55,476 100�
Phase III Georgia Golf Hall of Fame 2,000,000 2,000,000 2,000,000 - 2,000,000 100 %
Phase VII Laney Walker @ East B 15,000 34 34 34 100 %
TOTAL S 516,688,629 S 597,372,573 S 384,178,387 E 78,188,784 S 462,345,171
S-9
Lena Bonner
From: Donna Williams
Sent: Tuesday, September 13, 2011 11:55 AM
To: Geri Sams; Tameka Allen; Fred Russell
Cc: Lena Bonner; Andrew G. Mackenzie
Subject: RE: AUDIT REPORTS
Attachments: 2010 Signed Financial Statements with Single Audit.pdf
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From: Donna Williams
Sent: Monday, September 12, 2011 5:13 PM
To: Geri Sams; Tameka Allen; Fred Russell
Cc: Lena Bonner; Andrew G. Mackenzie
Subject: RE: AUDIT REPORTS
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c��l���r��, � �c�� �a��� �h� ��c� ���° us�a�� sca����r� �s tc� ���� c� �a��r� ���� ���r �c� th�
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��a ��r �� ��s�r�� ���i�s� �1r��ac�i� will b� �cai�� �h�t �grs� �hin� tc� �rr��.
�'�I c��� i� �� �c�� �s st��� t�s �t c� �� �acs��, �'�I s�c�d ���9 a�c� �� �� �rr��.
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From: Geri Sams
Sent: Monday, September 12, 2011 5:01 PM
To: Donna Williams; Tameka Allen; Fred Russell
Cc: Lena Bonner; Andrew G. Mackenzie
Subject: AUDIT REPORTS
Donna,
Per my request on Tuesday, September 6, 2011 after Commission Meeting concerning the 2010 Audit Report. I
requested a copy of the report because the Procurement Department was not informed of any Departmental Findings.
I had a meeting with Ms. Nancy Williams, who worked with the auditors and other staff inembers who also stated that
they were unaware of any Procurement Findings.
Please consider this to be my second request for the 2010 Audit Report. Per Commissioner Wayne Guilfoyle request
today for the past three years of audit findings of the Procurement Department. Please send the report in PDF or the
best possible way to address Procurement findings.
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Please note - We are not a department that receive an audit report. However, I have requested copies. To assist the
Administrator with the requested Work Session and to address Commissioner Guilfoyle's concerns, please consider this
request under the Georgia Open Record Request — O.C.G.A. 50-18-70. Thanks
C'.T�rl A. �aI11S, Director
Procurement Department
530 Greene Street, Room 605
Augusta, GA 30901
(�o6)szi-za22
(706) 821-2811 Fax
Thank You for poing Business with Us....
We cannat be 5 CCESSFUL without U!
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