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CAFR FY1980KODIAK ISLAND BOROUGH FINANCIAL STATEMENTS YEAR ENDED JUNE 30, 1980 with REPORT OF CERTIFIED PUBLIC ACCOUNTANTS I CONTENTS Page Report of certified public accountants 1- 2 Notes to financial statements 3 -13 Financial statements Combined balance sheet - all Funds 14 -15 Schedule of long -term debt 16 General Fund Balance sheet 17 Analysis of changes in fund balance 18 Statement of revenues - estimated and actual 19 Statement of expenditures compared with authorizations 20 Special Revenue Funds A. Federal and State Grant Program Funds Balance sheet 21 Analysis of changes in fund balance (deficit) 22 Statement of revenue - estimated and actual 23 Statement of expenditures - estimated and actual 24 j { B. Fire and Road District Funds Balance sheet 25 Analysis of changes in fund balance 26 Statement of revenue - estimated and actual 27 Statement of expenditures - estimated and actual 28 C. Land Sales Fund I Balance sheet 29 Statement of budgeted and actual revenues, expenditures and changes in fund balance 30 D. Building Fund Balance sheet 31 Statement of budgeted and actual revenues, expenditures and changes in fund balance (deficit) 32 l Continued CONTENTS (Continued) Page Financial statements (Continued) Capital Projects Fund Balance sheet 33 Statement of revenues, expenditures, encumbrances and changes in fund balances (deficits) 34 Debt Service Fund Balance sheet Statement of revenues, expenditures and changes in fund balances 35 Statement of General Long -Term Debt 37 Kodiak Island Borough School District Funds A. Operating Fund Balance sheet 38 Statement of changes in fund balance 39 Statement of estimated and actual revenues 40 Statement of expenditures and encumbrances - budget and actual 41 B. Special Revenue Fund Balance sheet 42 Statement of changes in fund balance 43 Statement of estimated and actual revenue 44 Statement of expenditures and encumbrances - budget and actual 45 ` C. Cafeteria Fund Balance sheet 46 Statement of changes in fund balance 47 Statement of budgeted and actual revenues, expenditures and encumbrances 48 i Continued CONTENTS (Continued) Page Financial statements (Continued) D. Student Activity Funds Balance sheets 49 Statement of revenues, expenditures and encum- brances, and changes in fund balances (deficits) 50 E. Tobacco Tax Fund Statement of revenues, expenditures and changes in fund balance 51 Supplementary information Borough - General Fund: Schedule of expenditures - budget and actual 52 -58 Borough - General Obligation Bonds Debt Service Charges to Maturity 59 w ARTHUR YOUNG & COMPANY 730 T STREET ANCHORAGE, ALASKA 99501 Members of the Borough Assembly Kodiak Island Borough We have examined the financial statements of the various funds and the general long -term debt group of accounts of the Kodiak Island Borough (Borough) and the financial statements of the various funds of the Kodiak Island Borough School District (School District) as of and for the year ended June 30, 1980, listed in the foregoing table of contents. Our examinations were made in accordance with generally accepted auditing standards and, accordingly, included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances, except as described in the following paragraph. The limitations in the internal control over transac- tions of the School District's Student Activity Funds made it impractical to extend our examination of those funds beyond the transactions recorded. In our opinion, except for the effects of unrecorded transactions, if any, as discussed in the preceding paragraph, the financial statements of the School District's Student Activity Funds present fairly their financial position at June 30, 1980 and the results of their operations for the year then ended, in con- formity with generally accepted accounting principles applied on a basis consistent with that of the preceding year. The Borough has not maintained a record of its general fixed assets and, accordingly, a statement of general fixed assets, required by generally accepted accounting principles, is not included in the financial report. The accounting method (as more fully discussed in Note 1B) used by the School District to record the financial transactions of Federal PL 874 revenue is not, in our opinion, in accordance with generally accepted accounting principles. In our opinion, the methodology used by the School District results in recognition in the incorrect accounting period of a significant portion of the annual total of Federal PL 874 revenue. The effect on the finan- cial statements of the School District and the resultant effect on the financial statements of the Borough at June 30, 1980 and for the year then ended, of the accounting method followed in relation to the presentation required, in our opinion, under generally accepted accounting principles, is shown in Note 3 to the financial statements. ARTHUR YOUNG & COMPANY Members of the Borough Assembly Kodiak Island Borough -2- In our opinion, except for the effect (as presented in Note 3) on the balance sheet and statement of estimated and actual revenue of the School District's Operating Fund of recording Federal PL 874 revenue in a manner not consistent with generally accepted accounting principles, the financial statements shown on pages 3 through 51, other than those reported on in the third preceding paragraph, present fairly the financial position of the various funds of the Kodiak Island Borough and the Kodiak Island Borough School District at June 30, 1980 and the results of operations for the year then ended, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year. Our examinations have been made primarily for the pur- pose of expressing an opinion on the financial statements, taken as a whole. The accompanying supplementary information is presented for analysis purposes and is not necessary for a fair presentation of the financial information referred to fn the preceding para- graph. It has been subjected to the tests and other auditing pro- cedures applied in the examination of the financial statements mentioned above and, in our opinion, is fairly stated in all respects material in relation to the financial statements taken as a whole. ARTH OUNG & CO P August 22, 1980 KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS June 30, 1980 1. Significant Accounting Policies A. Basis of Presentation 3 . The Kodiak Island Borough (Borough) is organized to perform the municipal duties allowed by Alaska Statutes and as directed by its residents. The financial results of the recur- ring activities performed directly by the Borough are accounted for in the funds of the Borough. As discussed in the following paragraphs, the Borough delegates and contracts with various related entities to fulfill certain of its functions. The Borough has delegated the operating responsi- bility for public education to the Kodiak Island Borough School District (School District). In accordance with statutes, the Borough retains ownership of fixed assets of the School District and incurs the debt, if necessary, to fund the acqui- sition and construction of the school facilities. The Borough and the School District maintain separate accounting records of financial activity. The Borough includes the financial state- ments of the School District in its annual financial report. The Borough owns the Kodiak Island Borough Hospital (Hospital) and related furnishings. The Borough has contracted the Hospital's operating activities to the Lutheran Hospitals and Homes Society of America. By terms of that agreement, operating losses sustained, if any, are the ultimate responsi- bility of the Borough. Annual contributions, as well as direct payment for certain insurances, equipment and plant repairs, are made by the Borough to subsidize the Hospital's financial operations. These contributions and direct payments are recorded as expenditures of the Borough's General Fund. The comprehensive financial position and operating results of the Hospital are not included in the Borough's annual report. The Borough conducts a mental health services program by terms of a contract with the State of Alaska. The operating activity of this program is subcontracted to the Kodiak Aleutian Mental Health Center. All operating activity and resultant financial position of this program is presented in a Special Revenue Fund of the Borough. KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 1. Significant Accounting Policies (Continued) B. Basis of Accounting Accounting basis 4 . The Borough and the School District maintain their records on the modified accrual basis of accounting. Material revenues which are both measurable and available are recorded when earned, other revenues on the cash basis, and expenditures other than accrued interest on general long -term debt, are reflected in the year the liabilities for goods and services are incurred or encumbered. Federal PL 874 revenue (as received by the School District) is recorded on a cash basis, except that PL 874 entitlements, when received within one to two months preceding year end, are recorded as deferred revenue in the year of receipt and recognized as revenue in the succeeding fiscal year. The School District accounts for applicable entitle- ments as deferred revenue in the year of receipt in order not to recognize more than one fiscal entitlement in a single operating cycle of the School District. Inventories Significant inventories of supplies, as owned by the School District, are accounted for by the usage method. These inventories are valued at the lower of average cost or market, except USDA food inventory (acquired at nominal price) which is recorded at replacement cost. General fixed assets Acquisition and construction of fixed assets are reflected as expenditures in the appropriate fund to which such transactions relate. Accounting records of assets owned by the Borough have not been maintained (except for the assets acquired in the mental health program which are reflected in memorandum form in that Special Revenue Fund) and, as such, financial statements reflecting the general fixed assets at June 30, 1980 are not prepared. KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 1. Significant Accounting Policies (Continued) B. Basis of Accounting (Continued) Investment earnings Earnings from common investments of the central treasury are credited to the General Fund. Earnings from spe- cifically identifiable investments are credited to the fund to which the investment relates. 5 . 1 Retirement plans All full -time employees of the Borough and School District participate in either the Public Employees' Retirement System (PERS) or the Teachers' Retirement System (TRS). The Borough and School District accrue pension expense which in- cludes current costs and amortization of prior service costs. The policy is to fund pension cost accrued. Annual leave Annual leave is accrued as earned by employees and recorded as an expenditure in the period earned. KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 2. Cash and Temporary Investments A. Central Treasury The cash transactions of the Borough's funds are transacted primarily in a single checking account. Cash carried in this central account, in excess of operating needs, is invested in temporary certificates of deposit or similar short -term investments. Certain deposits in the central treasury are dedicated for specific future use and these amounts are shown as restricted. A summary of the cash posi- tion of each fund in the central treasury at June 30, 1980 is as follows: Cash with central treasury Restricted: General Fund $ 60,000 Non - restricted: General Fund 2,004,649 Capital Projects Fund 752,238 Special Revenue Funds: Road and Fire Districts 63,532 Federal and State Grant Programs 80,131 2,900,550 Less cash due central treasury Debt Service Fund 16,074 Special Revenue Funds: Building Fund 38,507 Land Sales Fund 94,360 Federal and State Grant Programs 17,566 166,507 Total cash with central treasury $2,794,043 Balance classified by depository: Cash in bank $ 8,043 Repurchase agreements (7% annual return) 2,150,000 a Time certificate of deposit (6% annual return) 6,000 Matured certificates of deposit 630,000 $2,794,043 6 . KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 2. Cash and Temporary Investments (Continued) B. Specific Cash Investments Investments have been made by the Borough and identi- fied by the specific source of their funding. A summary of these investments at June 30, 1980 is as follows: Time certificates of deposit (15% annual return) Time certificate of deposit (11.5% annual return) Matured certificate of deposit Special Revenue Funds Mental Debt Land Sales Health Service Fund Program Fund $ - $40,000 $ - - - 210,000 175,000 - - $175,000 $40,000 $210,000 C. Amount Due School District All cash received for School District operations is initially receipted in the Borough's central treasury account (and included in the Borough's General Fund balance) and sub- sequently remitted to the District on an imprest basis. At June 30, 1980, the amount held on behalf of the School District in the Borough's central treasury totaled $144,077. 7 . 0 KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 3 . Annual Appropriation to the School District An annual appropriation is made by the Borough to the School District in order to provide the School District's General Fund with total resources in a fiscal year equal in amount to the expenditures and encumbrances incurred. That portion (an amount of $76,565 in the year ended June 30, 1980) of the annual budgeted appropriation in excess of the amount necessary to balance the School District's total annual resources to its annual expenditures and encumbrances lapses to the Borough at year end. In addition to the annual appro- priation, the Borough provides (without charge) the School District with general liability and property insurance and the annual independent audit. S . As discussed in Note 1B, the School District accounts for Federal PL 874 revenue on a cash basis, except entitlements received within one to two months preceding year end are recorded as deferred revenue in the year of receipt and recog- nized as revenue in the succeeding fiscal year. This accounting method results in a delay in the recognition of Federal PL 874 revenue in relation to what would be recognized under the modi- fied accrual basis of accounting. Presented below is a comparison of the effects on the financial statements of the accounting method used in relation to the modified accrual method. Kodiak Island Borough School District Operating Fund Balance Sheet June 30, 1980 Modified As Accrual Presented Method Accounts receivable: Federal government $ - $385,455 Due from the Borough $144,077 $ - Liabilities: Due to the Borough $ - $241,378 Fund balance $ - $ - KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 3. Annual Appropriation to the School District (Continued) 9 . Operating Fund Statement of Estimated and Actual Revenue For the year ended June 30, 1980 Actual Revenue, Actual Revenue, Modified Accrual As Presented Method Local sources, Kodiak Island Borough appropriation $1,023,435 $ 931,559 Federal sources, PL 874 $ 396,512 $ 488,388 Kodiak Island Borough General Fund Balance Sheet June 30, 1980 Having Implemented the Modified As Presented Accrual Method Accounts receivable: Due from the School District $ - Liabilities: Due to the School District $ 144,077 $ 241,378 Fund balance, unappropriated $ 715,236 $1,100,691 KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 3. Annual Appropriation to the School District (Continued) 10. Statement of Expenditures For the year ended June 30, 1980 Having Implemented the Modified As Presented Accrual Method Contributions: Annual appropri- ation to the School District $1,023,435 $931,559 4. Fund Balances A. AA2pr22riation for Hospital Operations By terms of the operating agreement with the Lutheran Hospitals and Homes Society of America, the Borough is ulti- mately responsible for operating losses, if any, sustained by the Kodiak Island Borough Hospital. The Borough has appropri- ated $60,000 in the fiscal year 1981 General Fund operating expenditures as the estimated amount of direct contribution necessary to subsidize the Hospital's 1981 operations, and has also appropriated an additional $60,000 of fund balance as a reserve for unanticipated losses. The audited financial statements of the Hospital at December 31, 1979 and for the year then ended reflect the following: For the Year Ended December 31, 1979 December 31, 1979 Excess of revenue over expenses, before depreciation N/A $ 50,262 Excess (deficiency) of revenue over expenses N/A $(69,665 Fixed assets, net $3,080,513 N/A Total assets $3,709,251 N/A Fund balance (including Borough equity in fixed assets) $3,598,714 N/A KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 4. Fund Balances (Continued) B. Mental Health Program The fund balance resulting from operations of the Mental Health Program is not available to the Borough for non - related activity. C. Restated Fund Balanc 11. At June 30, 1979, a portion of the Borough's fiscal Year 1979 state shared revenues was reflected as a liability of the Borough. Also, the balance of the School District's foun- dation revenue (related to the bilingual /bicultural program) in excess of expenditures and encumbrances was presented as a liability of the School District. These amounts are available to the Borough and School District respectively, and the appli- cable fund balances have been restated at July 1, 1979 as follows: School District Special Revenue Fund, Bilingual /Bicultural Fund balance, June 30, 1979 Adjustments Fund balance, July 1, 1979 5. Retirement Plans 2,384 $ 2,384 Borough Special Revenue Funds: Road Karluk Fire Service District District 1 $ 634 716 $2,200 5,832 $1,350 $8,032 Total pension expense under PERS and TRS, relating to employees of the Borough and School District for the year ended June 30, 1980 is as follows: ' Borough r PERS $44,000 TRS - $44,000 School District $187,000 347,000 $534,000 12. KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 5 . Retirement Plans (Continued) The School District's portion of the actuarially com- puted value of vested benefits over the total of pension fund assets for TRS is not available, as all employer contributions are commingled. As of June 30, 1979, the funding ratio of TRS was 71.9 %. The actuarially computed estimates of the Borough's and School District's unfunded liability (vested and non - vested benefits over plan assets) for PERS was $46,864 and $649,642, respectively, at January 1, 1980. Contributions to these plans are a percentage of eligible gross wages made by both the employer and employee as follows: 1979 -80 1980 -81 Borough School District Borough School District PERS PERS TRS PERS PERS TRS Employee 4.25% 4.25% 7.00% 4.25% 4.25% 7.00% Employer 11.15 12.17 7.45 12.67 14.40 7.87 Total 15.40% 16.42% 14.45% 16.92% 18.65% 14.87% During the year ended June 30, 1980, the Kodiak Aleutian Mental Health Center joined the PERS retirement plan. Pension expense (including $17,414 of past service costs) in the amount of $32,280 recorded in the Borough's Special Reve- nue Fund Mental Health Program relates to the plan of this entity. 6. Long -Term Debt A. Refunding Bonds During 1974 and 1975, the Borough defeased existing bonds by utilizing the proceeds of bonds then issued. The pro- ceeds from the "refunding bonds" (issued in the amounts of $4,000,000 and $2,325,000) have been invested in U.S. Govern- ment securities at an interest rate which will result in a return of proceeds that when added to the securities' principal balances will be sufficient to meet the interest and principal requirements of the defeased bonds. The investments in the securities and the current obligations of the defeased bonds (amounts of $3,185,000 and $2,200,000 at June 30, 1980) are not reflected in the financial statements. KODIAK ISLAND BOROUGH NOTES TO FINANCIAL STATEMENTS (Continued) June 30, 1980 6 . 7 . Long -Term Debt (Continued) B. 1980 Issue In August, 1980, the Borough issued $12,100,000 of school construction (G.O.) bonds out of the $29,000,000 authorized to be issued by the Borough residents in 1979. Contingencies 13. In connection with construction of the Kodiak Island Hospital addition, the prime contractor has filed suit against the Borough claiming damages in excess of $1.3 million. The Borough has filed a counterclaim for a lesser amount. Borough management and counsel believe that any damages awarded the contractor are recoverable against the project architect. Accordingly, no provision for damages has been provided in the accompanying financial statements. 8. Property Taxes - City of Kodiak The City of Kodiak has assumed the liability for personal property taxes assessed by the Borough to residents of the City of Kodiak. The City is currently withholding payment of taxes to the Borough in the amount of $161,113. Management of both the Borough and the City of Kodiak are seeking to resolve existing differences of opinion related to the taxing system. Pending satisfactory resolution of these differences, the Borough is withholding payment to the City of Kodiak of amounts collected on its behalf. KODIAK ISLAND BOROUGH COMBINED BALANCE SHEET - ALL FUNDS June 30, 1980 ASSETS Cash with central treasury Cash in separate bank accounts and petty cash Cash investments Taxes receivable Other receivables (Note 3 ) School District receivable from Borough (Note 3) Prepaid expenses Inventories Restricted cash with central treasury Amount available in Debt Service Fund Amount to be pro- vided for retire- ment of long-term debt Furniture and equipment, at cost (memorandum entry only) Continued _ Special Revenue Funds Federal and State Fire and Grant Road Land General Program District Sales Building Fund Funds Funds Fund Fund $2,004,649 $ 80,131 $63,532 $ - $ 1,408 96,820 - 21,520 - - - - 175,000 - 270,328 - - - - 84,7Q8 60,362 - 175,794 33,499 10,897 60,000 - - - 68,604 - - - $2,431,990 $305,917 $63,532 $372,314 133,499 See accompanying notes. 14. 1 Kodiak Island Borough School District Capital Debt Long -Term Special Student Projects Service Debt Group ;Operating Revenue Cafeteria Activity Fund Fund of Accounts Fund Fund Fund Funds $ 752,238 $ - $ - $ - $ - $ - $ - - 388 - 83,686 20,321 8,564 51,194 210,000 - - - - - 396,124 16,074 - 514,784 167,097 4,506 - - - - 144,077 - - - - 105,476 - 23,052 210,000 - - - - 3,515,000 $1,148,362 $226,462 $3,725,000 $848,023 $187,418 $36,122 $51,194 � I - KODIAK ISLAND BOROUGH COMBINED BALANCE SHEET - ALL FUNDS (Continued) June 30, 1980 Special Revenue Funds Federal and State Fire and Grant Road Land General Program District Sales Building Fund Funds Funds Fund Fund LIABILITIES, ENCUMBRANCES AND FUND BALANCES (DEFICIT) Cash due central treasury $ - $ 17,566 $ - $ 94,360 $38,507 Accounts and contracts payable, including retainage 18,229 7,611 2,348 830 3,476 Borough payable to School District (Note 3) 144,077 - - - - Other accounts payable 182,203 - - - - Accrued liabilities. 39,528 19,111 - - Contingent liabilities - - - - - Term bonds payable - - - - - Serial bonds payable - - - - - Total liabilities 384,037 44,288 2,348 95,190 41,983 Reserve for encumbrances 12,708 - - - - Investment in fixed assets (memorandum entry only) - 68,604 - - - Fund balance (deficit): Appropriated 1,320,009 94,557 500 272,695 - Unappropriated (deficit) (Note 3) 715,236 98,468 60,684 4,429 8( ,484 $2,431,990 $305,917 $63,532 $372,314 $33,499 See accompanying notes. 15. Kodiak Island Borough School District Capital Debt Long -Term Special Student Projects Service Debt Group Operating Revenue Cafeteria Activity Fund Fund of Accounts Fund Fund Fund Funds $ - $ 16,074 $ - $ - $ - $ - $ - 302,522 - - 126,741 32,018 1,161 3,243 73,960 388 - 5,469 10,821 31,942 - ' - 677,741 32,010 3,019 - - - 300,000 - - 3,425,000 _ - _ _ 376,482 16,462 3,725,000 809,951 74,849 36,122 3,243 610,261 - - 38,072 10,369 - 897 - - 85,205 - - 161,619 210,000 - - 16,995 - 47,054 $1,148,362 $226,462 $3,725,000 $848,023 $187,418 $36,122 151,194 l KODIAK ISLAND BOROUGH SCHEDULE OF LONG -TERM DEBT For the year ended June 30, 1980 1 40,150,000 $40,450,000 See accompanying notes. Authorized General Interest Issue Maturity Obligation Bonds Rate Date Dates Year Amount Term bonds - Hospital 4.875% 5 -1 -67 5 -1 -87 1967 $ 300,000 Serial bonds: Schools 3.625 - 3.875% 3 -1 -65 1966 -85 1963 500,000 ^� Schools 5 -5.75 % 1 -1 -67 1968 -87 1965 750,000 Schools 5.5 -6.75 % 8 -1 -72 1974-92 1972 4,000,000 Refunding 5 -5.7 % 4 -1 -74 1974 -92 1974 4,000,000 Refunding 7.25 % 8 -1 -74 1986 -92 1974 1,900,000 School projects 1979 29,000,000 40,150,000 $40,450,000 See accompanying notes. 16. Retired Current Issued Year Total Refunded Outstanding $ 300,000 $ - $ 500,000 750,000 4,000,000 4,000,000 1,900,000 11,150,000 $11,450,000 25,000 50,000 130,000 205,000 375,000 350,000 675,000 1,400,000 $205,000 $1,400,000 $ - $ 300,000 4,000,000 2,325,000 6,325,000 125,000 400,000 1,000,000 1,900,000 3,425,000 $6,325,000 $3,725,000 KODIAK ISLAND BOROUGH GENERAL FUND BALANCE SHEET June 30, 1980 ASSETS Cash with central treasury (Note 2A) Imprest and petty cash funds Receivables: Property taxes, due from City of Kodiak (Note 8 ) Property taxes, non -City of Kodiak: Current Delinquent Less allowance for uncollectibles State of Alaska Interest accrued Others $161,113 86,413 83,052 (60,250 17. $2,004,649 1,408 270,328 67,412 2,090 15,206 355,036 Prepaid expenses Restricted cash with central treasury (Note 2A) LIABILITIES, RESERVES AND FUND BALANCE Accounts payable Property taxes due the City of Kodiak Amount due Kodiak Island Borough School District (Notes 2C and 3) Other accrued liabilities Total liabilities Reserve for encumbrances Fund balance: Appropriated for fiscal year 1981 operations Appropriated for Hospital operations (Note 4A) Appropriated for working capital Unappropriated (Note 3) $360,009 60,000 900,000 715,236 10,897 60,000 $2,431,990 $ 18,229 182,203 144,077 39,528 384,037 12,708 2,035,245 $2,431,990 See accompanying notes. KODIAK ISLAND BOROUGH GENERAL FUND ANALYSIS OF CHANGES IN FUND BALANCE For the year ended June 30, 1980 18. Transfers of fund balance - 25,633 (25,633 Fund balance, June 30, 1980 $2,035,245 $ 715,236 $360,009 $60,000 $900,000 See accompanying notes. Appropriated Fiscal Year 1981 Hospital Operating Opera - Unappro- Expendi- tions Working Total priated tures (Note 4A) Capital Fund balance, July 1, 1979 $1,567,925 $ 222,283 $385,642 $60,000 $900,000 Add revenues 3,376,359 3,376,359 - - - 4,944,284 3,598,642 385,642 60,000 900,000 Deduct expenditures 2,909,039 2,909,039 - - - 2,035,245 689,603 385,642 60,000 900,000 Transfers of fund balance - 25,633 (25,633 Fund balance, June 30, 1980 $2,035,245 $ 715,236 $360,009 $60,000 $900,000 See accompanying notes. KODIAK ISLAND BOROUGH GENERAL FUND STATEMENT OF REVENUES - ESTIMATED AND ACTUAL For the year ended June 30, 1980 Taxes: General property Penalty and interest Payment in lieu of taxes Less discounts and esti- mated uncollectible taxes Total taxes Intergovernmental revenues: State of Alaska: Alaska business license and municipal assistance fund Raw fish tax Forestry Electric co-op tax Special appropriation - schools State shared revenues: Hospital Land use planning Health facilities Health services Total intergovern- mental revenues Licenses and permits: Buildings and trailers Subdivision and zoning fees Total licenses and permits Revenues from use of money and property: Lease rentals on land Computer rental from school Interest income Election contract services Miscellaneous Total revenues from use of money and property Contributions from other funds: Federal Shared Revenues Fund Debt Service Fund Capital Projects Fund Land Sales Fund Total contributions from other funds Estimated $1,366,483 10,000 303,000 1,679,483 4,000 240,011 10,000 5,000 118,600 75,000 17,000 51,000 15,800 35,114 452,802 9,363 27,212 80,625 19,371 65,575 19,191 536,411 709,253 7,000 700 7,034 661 7,700 7,695 15,000 20,000 85,500 2,000 2,400 10,505 41,138 408,196 6,314 124,900 466,153 10,000 10,000 100,000 10,800 22,168 100,000 120,000 $2,468,494 Actual $1,813,239 26,744 266,819 (46,512 2,060,290 132,968 $3,376,359 19. Actual Over (Under) Estimated $ 446,756 16,744 (36,181) (46,512 380,807 31,114 212,791 (637) 22,212 (118,600) 5,625 2,371 14,575 3,391 172,842 34 (39 ) (5 ) (4,495) 21,138 322,696 (2,000) 3,914 341,253 10,800 12,168 (10,000) 12,968 $ 907,865 See accompanying notes. KODIAK ISLAND BOROUGH GENERAL FUND STATEMENT OF EXPENDITURES COMPARED WITH AUTHORIZATIONS For the year ended June 30, 1980 Expenditures: Borough Assembly Legal department Capital expenditures Manager's department Clerk- treasurer's department Assessment department Planning and community development department Engineering department Health and sanitation Data services OCS Coastal Zone Management Local contributions Contingencies Non - departmental: Debt Service Fund Mental Health Center Fund Capital Projects Fund Kodiak Island Borough School District (Note 3) Kodiak Island Borough School District, insurance Total expenditures 20. Actual Appropriations Over (Under) as Amended Actual Appropriations $ 61,780 51,000 3,000 108,823 168,126 114,818 146,231 88,498 169,011 72,815 37,514 25,000 73,000 7,200 1,126,816 93,751 12,000 513,243 1,100,000 75,000 1,793,994 $2,920,810 $ 56,201 107,066 4,981 116,265 164,100 100,565 142,426 59,924 189,280 121,851 33,368 13,622 73,000 2,216 1,184,865 84,689 12,000 513,603 1,023,435 90,447 1,724,174 $2,909,039 $ (5,579) 56,066 1,981 7,442 (4,026) (14,253) (3,805) (28,574) 20,269 49,036 (4,146) (11,378) (4,984 58,049 (9,062) 360 (76,565) 15,447 (69,820 $ (11,771 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS FEDERAL AND STATE GRANT PROGRAM FUNDS BALANCE SHEET June 30, 1980 ASSETS Cash, including $40,000 of time certificates of deposit (Note 2B) Cash with central treasury (Note 2A) Accounts receivable: Patients (less allowance of $6,600 for doubtful accounts) State and Federal grantor agencies Other Accrued interest Furniture and equipment, at cost (memorandum entry only) LIABILITIES AND FUND BALANCE (DEFICIT) Cash due central treasury (Note 2A) Accounts payable Accrued payroll taxes and liabilities Total liabilities Investment in fixed assets (memorandum entry only) Fund balance (deficit): Mental Health Federal Total Center Day Care Shared All Funds Programs Program Revenues $ 96,820 $ 96,820 $ - $ - 80,131 - - 78,388 15,637 15,637 - - 42,828 - 14,868 27,960 1,080 1,080 - - 59,545 16,717 14,868 27,960 817 817 - - 68,604 68,604 - - $305,917 $182,958 $14,868 $106,348 $ 17,566 $ - $17,566 $ - 7,611 686 6,925 - 19,111 19,111 - - 44,288 19,797 24,491 - 68,604 68,604 - - Appropriated (Note 4B) 94,557 94,557 - - Unappropriated (deficit) 98,468 - (9,623 106,348 $305,917 $182,958 $14,868 $106,348 See accompanying notes. Anti- Recession Fiscal Assistance 1,743 1,743 $1,743 1,743 $1,743 21. o- KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS FEDERAL AND STATE GRANT PROGRAM FUNDS ANALYSIS OF CHANGES IN FUND BALANCE (DEFICIT) For the year ended June 30, 1980 22. Mental Anti - Health Federal Recession Total Center Day Care Shared Fiscal All Funds Programs Program Revenues Assistance Fund balance, July 1, 1979 $116,713 $102,457 $ - $ 12,513 $1,743 Revenues 487,737 317,162 65,940 104,635 - 604,450 419,619 65,940 117,148 1,743 Expenditures 411,425 325,062 75,563 10,800 - Fund balance (deficit), June 30, 1980 $193,025 $ 94,557 $(9,623 $106,348 $1,743 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS FEDERAL AND STATE GRANT PROGRAM FUNDS STATEMENT OF REVENUE - ESTIMATED AND ACTUAL For the year ended June 30, 1980 Mental Health Center Programs Community Mental Health Services Grant: Grant award - State of Alaska Transfer from General Fund User fees Interest income In -kind services donated Day Care Program Grant award - State of Alaska Federal Shared Revenues Federal entitlement Interest earned 23. Actual Over (Under) Estimated Actual Estimated $190,600 $190,600 $ - 12,000 12,000 - 87,647 90,484 2,837 3,000 4,465 1,465 23,544 19,613 3� ,931 $316,791 $317,162 $ 371 $ 75,000 - $ 65,940 $(9,060 $ 75,000 $ 99,685 4,950 e1nA CIM $24,685 4,950 $29,635 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS FEDERAL AND STATE GRANT PROGRAM FUNDS STATEMENT OF EXPENDITURES - ESTIMATED AND ACTUAL For the year ended June 30, 1980 24. Actual Over (Under) Estimated Actual Estimated Mental Health Center Programs Community Mental Health Services Grant: Personnel Travel Facility Supplies Equipment Other Day Care Program Contractual payments to day care mothers Administrative Federal Shared Revenues Transfer to the General Fund (for donation to Kodiak Council on Alcoholism) Undesignated $234,916 $245,089 $ 10,173 9,500 8,516 (984) 18,325 18,083 (242 ) 5,000 4,943 (57) 5,700 5,610 (90) 43,530 42,821 (709 ) $316,971 $325,062 $ 8 $ 75,000 $ 65,940 $ (9,060) - 9,623 9,623 $ 75,000 $ 75,563 $ 563 $ 10,800 $ 10,800 $ - 64,200 - (64,200 $ 75,000 $ 10,800 $(64,200 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS FIRE AND ROAD DISTRICT FUNDS BALANCE SHEET June 30, 1980 25. Bell Road Total Fire Karluk Flats Service All District Fire Road District Funds Number 1 District District Number 1 l ASSETS Cash with central treasury (Note 2A) $63,532 $17,428 $2,154 $26,666 $17,284 LIABILITIES AND FUND BALANCE Accounts payable Total liabilities Fund balance: Appropriated f or 1980 -81 operating expenditures Unappropriated $ 2,348 $ 2,348 500 - 60,684 17,428 $63,532 $17,428 $ - $ 333 $ 2,015 333 2,015 500 - - 1,654 26,333 15,269 $2,154 $26,666 $17,284 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS FIRE AND ROAD DISTRICT FUNDS ANALYSIS OF CHANGES IN FUND BALANCE For the year ended June 30, 1980 Fund balance, July 1, 1979 (Note 4C) Revenues Expenditures Fund balance, June 30, 1980 Appropriated for 1980 -81 operating expenditures Unappropriated 26. See accompanying notes. Bell Road Total Fire Karluk Flats Service All District Fire Road District Funds Number 1 District District Number 1 $ 27,598 $10,442 $1,350 $ 7,774 $ 8,032 131,837 77,736 804 43,622 9,675 159,435 88,178 2,154 51,396 17,707 98,251 70,750 - 25,063 2,438 $ 61,184 $17,428 $2,154 $26,333 $15,269 $ 500 $ - $ 500 $ - $ - 60,684 17,428 1,654 26,333 15,269 $ 61,184 $17,428 $2,154 $26,333 $15,269 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS FIRE AND ROAD DISTRICT FUNDS STATEMENT OF REVENUE - ESTIMATED AND ACTUAL For the year ended June 30, 1980 Fire District Number 1 Real and personal property taxes State revenue sharing Karluk Fire District State revenue sharing Bell Flats Road District Real and personal property taxes State revenue sharing Road Service District Number 1 State revenue sharing Estimated Actual $60,000 12,300 $72,300 $63,601 14,135 $77,736 $ 750 $ 804 $25,000 13,500 $38,500 $29,109 14,513 $43,622 $ 9,000 $ 9,675 See accompanying notes. 9 27. Actual Over (Under) Estimated $3,601 1,835 $5,436 $ 54 $4,109 1,013 $5,122 $ 675 KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS FIRE AND ROAD DISTRICT FUNDS STATEMENT OF EXPENDITURES - ESTIMATED AND ACTUAL For the year ended June 30, 1980 28. Actual Over (Under) Estimated Actual Estimated Fire District Number 1 Contractual services $59,050 $59,050 $ Hydrant rental 11,700 11,700 - $70,750 $70,750 $ - Karluk Fire District Equipment maintenance and repairs $ 1 $ - $ (1,000) Other 250 - (250 $ 1,250 $ - $ (1,250 Bell Flats Road District Contractual services $38,500 $25,063 $(13,437 Road Service District Number 1 Contractual services $ 9,000 $ 2,438 $ (6,562 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS LAND SALES FUND BALANCE SHEET June 30, 1980 ASSETS Cash, including $175,000 of time certificates of deposit (Note 2B) Notes receivable (bearing interest at 6 %, 8% or 10.875 %) resulting from land sales: Current $ 15,896 Due after one year 156,005 Accrued interest receivable LIABILITIES AND FUND BALANCE Liabilities: Accounts payable Cash due central treasury (Note 2A) Total liabilities Fund balance: Appropriated for survey and appraisal $ 53,690 Appropriated for 1980 -81 operating expenditures 63,000 Restricted for noncurrent notes receivable 156,005 Unappropriated 4,429 Total fund balance 29. $196,520 171,901 3,893 $372,314 $ 830 94,360 95,190 277,124 $372,314 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS LAND SALES FUND STATEMENT OF BUDGETED AND ACTUAL REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE For the year ended June 30, 1980 Revenues: State of Alaska Land sales Interest income Expenditures: Land management Contribution to General Fund Contingency Excess of expenditures over revenues Fund balance, July 1, 1979 Fund balance, June 30, 1980 30. See accompanying notes. Actual Over (Under) Budget Actual Budget $ 10,000 $ - $(10,000) 30,000 - (30,000) 35,000 50,450 15,450 75,000 50,450 2� 4,550 37,000 22,941 (14,059) 100,000 100,000 1,000 - __ _(1,000 ) 138,000 122,941 (15,059 $ 63,000 72,491 $ (9,491 349,615 $277,124 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS BUILDING FUND BALANCE SHEET June 30, 1980 ASSETS Accounts receivable - City of Kodiak: Current Prior year LIABILITIES AND FUND DEFICIT 31. $32,640 859 $33,499 Cash due central treasury (Note 2A) $38,507 Accounts payable 3,476 Total liabilities 41,983 Fund deficit (8,484 $33,499 See accompanying notes. KODIAK ISLAND BOROUGH SPECIAL REVENUE FUNDS BUILDING FUND STATEMENT OF BUDGETED AND ACTUAL REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE (DEFICIT) For the year ended June 30, 1980 Revenues: Rent from City of Kodiak Rent from Kodiak Island Borough School District Rent from other tenants Rent from General Fund Total revenues Expenditures: Insurance Repairs, maintenance and major maintenance Janitorial services Utilities Snow removal Reserve fund Total expenditures Deficiency of revenues under expenditures Fund balance, July 1, 1979 Fund deficit, June 30, 1980 J 32. Actual Over (Under) Budget Actual Budget $ 33,000 $ 32,640 $ (360 ) 69,000 36,893 (32,107) 33,000 9,424 (23,576) 50,000 38,598 (11,402 185,000 117,555 (67,445 8,000 5,136 (2,864) 58,000 13,501 (44,499) 27,000 42,362 15,362 37,000 60,040 23,040 5,000 5,000 - 50,000 - (50,000 185,000 126,039 (58,961 $ - (8,484) $ (8,484 $ (8,484 See accompanying notes. KODIAK ISLAND BOROUGH CAPITAL PROJECTS FUND BALANCE SHEET June 30, 1980 ASSETS 33. Cash with central treasury (Note 2A) $ 752,238 Accounts receivable: State grant funds $ 75,156 Federal grant funds 320,780 Miscellaneous 188 396,124 $1,148,362 LIABILITIES, ENCUMBRANCES AND FUND BALANCE Liabilities: Accounts payable Contracts retainage payable Grant funds received in advance Total liabilities Reserve for encumbrances Fund balance $ 243,420 59,102 73,960 376,482 610,261 161,619 $1,148,362 See accompanying notes. KODIAK ISLAND BOROUGH CAPITAL PROJECTS FUND STATEMENT OF REVENUES, EXPENDITURES, ENCUMBRANCES AND CHANGES IN FUND BALANCES (DEFICITS) For the year ended June 30, 1980 Deduct: Expenditures 2,579,136 239,623 10,764 65,034 Encumbrances 610,261 - - 2,015 3,189,397 239,623 10,764 67,049 Fund balances (deficits), June 30, 1980 $ 161,619 $ 3,522 $ (90 1_142 See accompanying notes. Local Kodiak Hospital Service High School Improve- Roads and Total Paving ments Trails Fund balances (deficit), July 1, 1979 $ 103,084 $ 3,145 $ - $ - Add: Revenues: General Fund contribution 513,603 - - - State shared revenue 11,642 - - - State grants 2,354,713 - - 781 1,469 Federal grants 37,986 - 871 - Prior year encum- brances reinstated 329,988 240,000 9,022 65,538 3,351,016 243,145 10,674 67,007 Deduct: Expenditures 2,579,136 239,623 10,764 65,034 Encumbrances 610,261 - - 2,015 3,189,397 239,623 10,764 67,049 Fund balances (deficits), June 30, 1980 $ 161,619 $ 3,522 $ (90 1_142 See accompanying notes. 34. Parks and Ouzinkie Larsen Bay Recreation School School $10,329 11,642 - 21,971 - 2� , 100 2,100 $19, 1 308,543 920,852 1,229,395 898,353, 331, 042 1,229,395 55,060 1,369,069 1,424,129 1,238,231 185,898 1,424,129 Service District Other Number 1 Other School Water Capital Projects and Sewer Projects $ - $ (5,590) $ 95,200 150,000 - - 45,634 6,186 10,722 - 37,115 - 15,428 - - 211,062 37,711 105,922 54,747 61,662 10,722 89,206 - - 143,953 61,662 10,722 $ 67,109 $(23,951 $ 95,200 KODIAK ISLAND BOROUGH DEBT SERVICE FUND BALANCE SHEET June 30, 1980 ASSETS Time certificate of deposit Cash with fiscal agent Accrued interest receivable LIABILITIES AND FUND BALANCE Matured bond coupons Cash due central treasury (Note 2A) Contingent liability (Notes 3 and 7) Fund balance 35. $210,000 388 16,074 $226,462 $ 388 16,074 210,000 $226,462 See accompanying notes. KODIAK ISLAND BOROUGH DEBT SERVICE FUND STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES For the year ended June 30, 1980 Fund balances, July 1, 1979 Revenues: Borough General Fund contributions School District Operating Fund contribution School District Tobacco Tax Fund contribution Interest income Expenditures: Principal Interest Fiscal agent's fees Contribution to Borough General Fund Fund balances, June 30, 1980 36. Total Schools Hospital $195,000 $ - $195,000 84,689 55,049 29,640 317,602 317,602 - 62,086 62,086 - 22,168 - 22,168 486,545 434,737 51,808 205,000 205,000 - 243,290 228,650 14,640 1,087 1,087 - 22,168 - 22,168 471,545 434,737 36,808 $210,000 $ - $210,000 See accompanying notes. KODIAK ISLAND BOROUGH STATEMENT OF GENERAL LONG -TERM DEBT June 30, 1980 AMOUNT AVAILABLE AND TO BE PROVIDED FOR THE PAYMENT OF GENERAL LONG -TERM DEBT Term bonds: Amount available in Debt Service Fund Amount to be provided Serial bonds - amount to be provided GENERAL LONG -TERM DEBT PAYABLE (NOTE 6A) Term bonds payable Serial bonds payable 37. $ 210,000 90,000 300,000 3,425,000 $3,725,000 $ 300,000 3,425,000 $3,725,000 See accompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT OPERATING FUND BALANCE SHEET June 30, 1980 ASSETS Cash Accounts receivable: State of Alaska Other Due from Kodiak Island Borough - central treasury (Notes 2C and 3) Due from Cafeteria Fund of the School District Inventories LIABILITIES, ENCUMBRANCES AND FUND BALANCE Liabilities: Accounts payable Due to Special Revenue Funds of the School District Accrued payroll and payroll taxes accrued and withheld Accrued annual leave Other accrued liabilities Total liabilities Reserve for encumbrances Fund balance 38. $ 83,686 472,830 10,012 144 31,942 658,861 105,476 $848,023 $126,741 5,469 607,410 49,451 20,880 809,951 38,072 $848,023 See acdompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT OPERATING FUND STATEMENT OF CHANGES IN FUND BALANCE For the year ended June 30, 1980 Fund balance, July 1, 1979 Revenues Expenditures and encumbrances Transfer from the Special Revenue Fund of the School District (CE Program) Fund balance, June 30, 1980 39. 9,081,795 9,128,971 (47,176) 47,176 See accompanying notes. d KODIAK ISLAND BOROUGH SCHOOL DISTRICT OPERATING FUND STATEMENT OF ESTIMATED AND ACTUAL REVENUES For the year ended June 30, 1980 Local sources: Kodiak Island Borough: Appropriation (Note 3) Maintenance /custodial contract Rentals School events and activities Experience health credit Cafeteria Fund transfers Indirect cost reimbursement (Special Revenue Funds) Other Total local sources Estimated $1,100,000 10,920 25,980 10,500 31,000 18,071 100,895 1,297,366 Actual $1,023,435 19,661 21,662 17,226 31,000 63,013 4,375 1,180,372 State sources: Foundation Program: Regular instruction Vocational education Special education Correspondence Pupil transportation Tuition State aid for retirement of school construction debt Total state sources Federal sources: PL 874 (Note 3) 5,202,249 366,355 915,889 146,542 143,917 455,713 376,441 7,607,106 5,200,610 366,240 915,596 109,868 157,166 437,829 317,602 7,504,911 40. Variance Over (Under) Estimated $ (76,565) 8,741 (4,318) 6,726 (18, 071) (37,882) 4,375 (116,994 (1,639) (115) (2 93 ) (36,674) 13,249 (17,884) (58,839 (102,195 405,748 396,512 (9,236 $9,310,220 $9,081,795 $(228,425 See accompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT OPERATING FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES - BUDGET AND ACTUAL For the year ended June 30, 1980 Regular instruction Vocational instruction Correspondence Special education Support services - pupils Support services - instruction General support services Operations and maintenance Pupil transportation Non - programmed charges Pupil activities Budget $3,452,565 434,446 114,662 677,333 394,656 496,048 1,195,622 1,840,725 183,262 376,441 144,460 $9,310,220 Actual Expenditures and Encumbrances $3,410,134 416,708 101,728 662,150 368,075 427,447 1 1,848,164 188,230 352,948 146,350 $9,128,971 I 41. Variance Over (Under) Budget $ (42,431) (17,738) (12, 934) (15,183) (26, 581) (68, 601) 11,415 7,439 4,968 (23,493) 1,890 $(181,249 See accompanying notes. i i 42. KODIAK ISLAND BOROUGH SCHOOL DISTRICT SPECIAL REVENUE FUND BALANCE SHEET June 30, 1980 ASSETS Cash $ 20,321 Accounts receivable: State of Alaska 155,199 Other 6,429 Due from Operating Fund of the School District 5,469 167,097 $187,418 LIABILITIES, ENCUMBRANCES AND FUND BALANCES Liabilities: Accounts payable $ 32,018 Advances received toward programs 10,821 Accrued payroll and payroll taxes withheld and accrued 32,010 Total liabilities 74,849 Reserve for encumbrances 10,369 Fund balance: Appropriated: Continuing Education Program (CE, 2) 85,205 Unappropriated: Continuing Education Program (CE 2 ) 16,091 Bilingual /bicultural 904 102,200 $187,418 See accompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT SPECIAL REVENUE FUND STATEMENT OF CHANGES IN FUND BALANCE For the year ended June 30, 1980 Fund balance, July 1, 1979 (Note 4C) Revenues Expenditures and encumbrances Transfer to the Operating Fund of the School District Fund balance, June 30, 1980 Appropriated for fiscal year 1981 operations Unappropriated 43. Foundation Programs State and Continuing Federal Education Bilingual/ Grant �CE Bicultural Programs Total $167,463 256,367 275,358 148,472 $ 2,384 146,497 147,977 904 563,239 563,239 $169,847 966,103 986,574 149,376 (47,176 - - 4( 7,176 101,296 904 - 102,200 85,205 $ 16,091 $ 904 85,205 $ 16,995 See accompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT SPECIAL REVENUE FUND STATEMENT OF ESTIMATED AND ACTUAL REVENUE For the year ended June 30, 1980 State sources: Foundation: .Continuing Education Program (CE ) Bilingual /biAltural Community Schools Regular Boarding Home Program Special Education Boarding Home Program Vocational education curriculum development Vocational education home economics Vocational rehabilitation Total state sources i Federal sources through the State of Alaska: Upward Bound Bilingual /bicultural materials and development Title IVC, ESEA Title VIB, PL 94 -142 Title I, ESEA, Part A Title I, ESEA, PL 89 -313 Title I, N and D, ESEA Title IVB, ESEA CETA, Title VI, YETP CETA, Title VI, PSE Career education Total Federal sources through the State of Alaska Federal sources: Title I, SAFAA, PL 874 Indian Education Act, Title I, Part A Total Federal sources Estimated $ 290,112 145,056 61,517 43,753 23,655 21,895 15,000 1,353 602,341 13,593 17,012 28,000 64,428 104,109 4,496 7,981 6,395 18,921 13,182 5,277 Actual $256,367 146,497 55,582 33,349 14,885 21,896 15,000 990 544,566 4,021 14,531 25,414 58,380 80,965 4,486 7,948 4,609 15,224 11,779 1,990 44. Variance Over (Under) Estimated $ (33,745) 1,441 (5,935) (10,404) (8,770) 1 (363 (57,775 (9,572) (2,481) (2,586) (6,048) (23,144) (10) (33) (1,786) (3,697) (1,403) (3,287 283,394 229,347 (54,047 8,437 7,672 (765 ) 190,820 184,518 (6,302 199,257 192,190 (7,067 $1,084,992 $966,103 $(118,889 See accompanying notes. KODIAK ISLAND BOROUGH } SCHOOL DISTRICT i SPECIAL REVENUE FUND STATEMENT OF EXPENDITURES AND ENCUMBRANCES - 1 BUDGET AND ACTUAL I For the year ended June 30, 1980 Vocational education: Continuing Education (CE 2 ) Career education Vocational rehabilitation Vocational education curriculum development Vocational education home economics CETA programs Total vocational education 45. Variance Over (Under) Budget Actual Budget $ 290,112 $275,358 $(14,754) 5,277 1,990 (3,287) 1,353 990 (363) 21,895 21,896 1 15,000 15,000 - 32,103 27,003 (5,100 365,740 342,237 (23,503 } Special education, bilingual/ bicultural and other special programs: Bilingual /bicultural Program 145,056 147,977 2,921 Bilingual /bicultural materials and development 17,012 14,531 (2,481) Indian Education Act, Title I, Part A 190,820 184,518 (6,302) Title IVC, ESEA 28,000 25,414 (2,586) Title I Grants 125,023 101,071 (23,952) Title VIB, PL 94 -142 64,428 58,380 (6,048 C t Total special education, bilingual /bicultural and other special programs 570,339 531,891 (38,448 Support services - pupils: Boarding Home Programs 67,408 48,234 (19,174) Upward Bound Programs 13,593 4,021 (9,572 Total support services - j pupils 81,001 52,255 (28,746 Support services - instruction: Title IVB, ESEA 6,395 4,609 (1,786) Community services: Community Schools Program 61,517 55,582 (5,935 $1,084,992 $986,574 $(98,418 See accompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT CAFETERIA FUND BALANCE SHEET June 30, 1980 ASSETS 46. Cash $ 8,564 Accounts receivable: State of Alaska 4,220 Other 286 4,506 Inventories 23,052 LIABILITIES, ENCUMBRANCES AND FUND BALANCE Liabilities: $36,122 Accounts payable $ 1,161 Due to Operating Fund 31,942 Payroll taxes accrued and withheld 3,019 Total liabilities 36,122 Reserve for encumbrances Fund balance $36,122 See accompanying notes. 47. KODIAK ISLAND BOROUGH SCHOOL DISTRICT CAFETERIA FUND STATEMENT OF CHANGES IN FUND BALANCE For the ear ended June 30 1 Y , 1980 f Fund balance, July 1, 1979 $ - Revenues 253,328 Expenditures and encumbrances 253,328 Fund balance, June 30, 1980 $ - See accompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT CAFETERIA FUND STATEMENT OF BUDGETED AND ACTUAL REVENUES, EXPENDITURES AND ENCUMBRANCES For the year ended June 30, 1980 Revenues: Revenue from local sources: Other local revenues USDA inventory adjustment Budget Actual 48. Variance Over (Under) Budget $ - $ 27 $ 27 16,500 5,802 (10,698) Revenue from Federal sources: 8,072 4,127 838 Type A lunch reimbursement 76,388 104,784 28,396 Special milk program reimbursement 1,135 776 (359) Food service sales: 9,443 (722) 100 Type A lunch - pupils 96,310 82,229 (14,081) Type A lunch - adults 13,178 5,970 (7,208) Ala carte sales 15,264 15,871 607 Milk sales- pupils 2,842 2,760 (82) Milk sales - adults 414 190 (224) Breakfast sales 1,000 - (1,000) Other 4,500 3,643 (857) Transfers from other School District funds Expenditures and encumbrances: Salaries: Managerial /professional Classified Employee benefits: Insurance Unemployment insurance Workmen's compensation FICA PERS Other employee benefits Travel and per diem Utilities Other purchased services Supplies and materials: Foodstuffs Milk Other supplies Capital outlay: Equipment 8,000 31,276 23,276 $235,531 1253,328 $ 17,797 $ 22, 594 $ 22,006 $ (588) 65,161 61,064 (4,097) 3,945 8,072 4,127 838 831 (7 ) 2,513 1,932 (581) 5,134 4,988 (146 ) 10,165 9,443 (722) 100 33 (67) 520 209 (311) 22,245 3,163 (19,082) 3,450 638 (2,812) 73,255 95,715 22,460 13,260 32,833 19,573 6,547 9,871 3,324 5,804 2,530 (3,274 $235,531 $253,328 $ 17,797 See accompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT STUDENT ACTIVITY FUNDS BALANCE SHEETS June 30, 1980 49. Junior High High Elementary Total School School Schools ASSETS Cash $51,194 $36,833 $3,200 $11,161 LIABILITIES, ENCUMBRANCES AND FUND BALANCES Accounts payable Reserve for encumbrances Fund balance $ 3,243 $ 3,243 $ - $ - 897 897 - - 47,054 32,693 3,200 11,161 $51,194 $36,833 $3,200 $11,161 See accompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT STUDENT ACTIVITY FUNDS STATEMENT OF REVENUES, EXPENDITURES AND ENCUMBRANCES AND CHANGES IN FUND BALANCES (DEFICITS) For the year ended June 30, 1980 50. Fund Balances Expenditures Fund Balances (Deficits) and (Deficits) July 1, 1979 Revenues Encumbrances June 30, 1980 High school: Student council $10,422 $ 9,329 $ 9,281 $10,470 Athletics 2,470 34,672 35,045 2,097 Music 281 141 272 150 Publications (2,942) 12,676 982 8,752 Classes 4,634 8,343 7,758 5,219 Clubs 8,049 6,027 9.,326 4,750 j Alumni games 232 - - 232 j Miscellaneous 631 6,469 6,185 915 Pictures 1,373 440 158 1,655 Resale items 1,136 4,374 7,057 (1,547) Referees/ officials - 9,004 9,004 - 26,286 91,475 85,068 32,693 Junior high school 2,869 5,242 4,911 3,200 Elementary schools and KYPS Memorial Fund 3,854 23,614 16,307 11,161 ( $33,009 $120,331 $106,286 $47,054 See accompanying notes. KODIAK ISLAND BOROUGH SCHOOL DISTRICT TOBACCO TAX FUND STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE For the year ended June 30, 1980 Fund balance, July 1, 1979 Revenue - State of Alaska revenue sharing Less contribution to Borough Debt Service Fund Fund balance, June 30, 1980 51. 62,086 62,086 See accompanying notes. SUPPLEMENTARY INFORMATION KODIAK ISLAND BOROUGH GENERAL FUND SCHEDULE OF EXPENDITURES BUDGET AND ACTUAL For the year ended June 30, 1980 Borough Assembly: Mayor travel and per diem Mayor compensation Assembly travel and per diem Assembly compensation Post audit Facility rent Legal department: Borough attorney Court costs and litigation allowance Capital expenditures: Machinery and equipment Miscellaneous improvements Manager's department: Borough manager Administrative assistant Extra help /overtime Taxes - ESC Taxes - FICA Group insurance J Retirement Professional development Office supplies Telephone and telegraph ! Repairs and maintenance Travel and per diem Automobile allowance Automobile repairs and maintenance Professional services Boards and committees General government expense Office rent I Continued Budget Actual $ 2,000 600 3,000 4,200 35,000 16,980 $ 1,400 650 2,653 4,927 41,057 5,514 61,780 25,000 26,000 51,000 3,000 3,000 52,267 18,066 500 595 3,063 2,608 9,404 2,000 2,000 2,000 2,000 1,488 812 250 2,500 500 500 8,270 108,823 56,201 107,104 (38 ) 107,066 4,981 4,981 57,533 16,321 87 946 3,369 3,219 11,482 1,721 1,668 2,639 1,328 2,240 763 616 3,989 1,142 1,688 5,514 116,265 52. Actual Over (Under) Budget $ (600 ) 50 (347) 727 6,057 (11,466 (5, 579) 82,104 (26,038 5 6,066 (3,000) 4,981 1,981 5,266 (1,745) (413) 351 306 611 2,078 (2 79 ) (332 ) 639 (6 72 ) 752 (49) 366 1,489 642 1,188 ( 2,756) 7,442 KODIAK ISLAND BOROUGH GENERAL FUND SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) For the year ended June 30, 1980 Clerk- treasurer's department: Clerk- treasurer Bookkeeper Secretary III Cashier Extra help /overtime Taxes - ESC Taxes - FICA Group insurance Retirement Professional development Publication and dues Office supplies Telephone and telegraph Advertising and public hearings Travel and per diem Automobile allowance Postage Election, local Professional services Election, state Insurance and bonding Office rent Repairs and maintenance Budget Actual $ 32,079 20,454 18,019 16,121 500 1,275 4,936 5,180 9,192 3,500 6,250 4,500 1,500 $ 33,434 21,723 17,988 16,600 500 1,162 4,934 4,572 8,986 2,671 4,068 5,478 1,296 8,000 2,250 1,200 5,500 8,500 2,500 2,400 5,500 8,270 500 168,126 7,012 2,226 1,200 5,408 10,982 1,787 6,482 5,514 77 164,100 53. Actual Over (Under) Budget $ 1,355 1,269 (31) 479 (113) (2 ) (608 ) (2 06 ) (829) (2,182) 978 (204) (988) (24) (92 ) 2,482 (713 ) (2,400) 982 (2,756) (4 23 ) _ 4S , 02 6 ) Continued KODIAK ISLAND BOROUGH GENERAL FUND SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) For the year ended June 30, 1980 Assessment department: Appraiser /assessor Assistant assessor Assessing clerk Taxes - ESC Taxes - FICA Group insurance Retirement Professional development Publication and dues Office supplies Telephone and telegraph Repairs and maintenance Advertising Travel and per diem Automobile allowance Printing materials and forms Professional services Insurance and bonding Office rent Equipment rental Continued ( i E Budget Actual 31,901 22,084 16,034 870 3,660 2,164 7,380 2,500 450 870 800 200 600 2,000 2,880 $ 30,523 22,407 16,433 855 3,942 2,252 6,625 2,074 350 858 927 890 1,998 2,640 9,105 500 150 8,270 2,400 114,818 1,661 528 88 5,514 100,565 54. Actual Over (Under) Budget $ (1,378) 323 399 (15) 282 88 (755) (426 ) (100 ) (12) 127 (200) 290 (2 ) (240) (7,444) 28 (62) (2,756) _ (2,40 (14,253 KODIAK ISLAND BOROUGH GENERAL FUND SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) For the year ended June 30, 1980 Planning and community development department: Planning director Building official Secretary III Extra help/ overtime Taxes - ESC Taxes - FICA Group insurance Retirement Professional development Office supplies Telephone and telegraph Advertising and public hearings Travel and per diem Automobile allowance Professional services Maps Reports and publication Boards and committees Office rent Equipment rental Publication and dues Other purchased services Budget Actual 55. Actual Over (Under) Budget $ 35,538 $ 36,272 $ 734 31,265 29,850 (1,415) 15,676 19,325 3,649 500 - (500) 885 933 48 4,179 4,286 107 4,041 5,054 1,013 9,197 10,088 891 2,500 1,740 (760) 3,000 3,459 459 1,500 2,532 1,032 6,000 5,000 2,880 4,000 1,500 2,500 5,200 8,270 2,400 200 6,250 3,217 2,640 1,542 3,081 1,434 3,757 5,514 1,006 123 323 250 (1,783) (240 ) (2,458) 1,581 (1,066) (1,443) (2,756) (1,394) (77) 323 146,231 142,426 (3,805 Continued KODIAK ISLAND BOROUGH GENERAL FUND SCHEDULE OF ACTUAL (Continued) For the year ended June 30, 1980 Engineering department: Engineer Secretary III Taxes - ESC Taxes - FICA Group insurance Retirement Professional development Office supplies Telephone and telegraph Advertising and public hearings Travel and per diem Automobile allowance Professional services Office rent Supplies - materials Maps Capital outlay, equipment Relocation expenses Easement acquisitions 56. 88,498 59,924 (28,574 Health and sanitation: Council on Alcoholism Sanitation expense Comprehensive Health Board Senior citizens Support of Detoxification Center Support of Halfway House Support of Health Clinic Hospital: Insurance Equipment Repairs Current operating expenses Village health services Repairs and maintenance, equipment 22,800 22,800 Actual 1,000 - Over 1,500 525 (Under) Budget Actual Budget 19,000 $ 34,128 $ 18,959 $(15 169 ) 15,960 10,989 (4,971) 580 505 (75 ) 2,385 1,968 (417) 1,160 2,418 1,258 5,585 3,322 (2,263) 2,500 155 (2,345) 4,000 1,638 (2,362) 2,000 1,198 (802) 500 514 14 3,850 1,799 (2,051) 1,230 1,230 - 3,000 - (3,000) 8,270 5,514 (2,756) - 973 973 2,000 1,911 (89) - 6,531 6,531 1,200 300 (900) 150 _ - (150 ) 88,498 59,924 (28,574 Health and sanitation: Council on Alcoholism Sanitation expense Comprehensive Health Board Senior citizens Support of Detoxification Center Support of Halfway House Support of Health Clinic Hospital: Insurance Equipment Repairs Current operating expenses Village health services Repairs and maintenance, equipment 22,800 22,800 1,000 - (1,000) 1,500 525 (975) 7,500 7,500 - 19,000 19,000 24,000 24,000 - 1,200 1,129 (71) 15,011 18,437 3,426 - 4,587 4, 587 12,000 3,400 (8,600) 60,000 60,000 - - 21,500 21,500 5,000 6,402 1,402 169,011 189,280 20,269 Continued KODIAK ISLAND BOROUGH GENERAL FUND SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) For the year ended June 30, 1980 Data services: Staff wages Taxes - ESC Taxes - FICA Group insurance Retirement Telephone and telegraph Office rent Equipment rental Professional development Professional services Printing and publication Travel and per diem Office supplies Publication and dues OCS: Staff wages Taxes - ESC Taxes - FICA Group insurance Retirement Telephone and telegraph Office rent Professional development Professional services Advertising and public hearings Printing and publication Travel and per diem Office supplies Publication and dues Joint forum, OEDP Coastal Zone Management Budget Actual $ 17,248 290 1,058 1,510 1,924 500 4,135 40,000 2,000 2,000 250 900 500 500 72,815 18,325 306 1,128 2,046 1,924 500 4,135 334 2,000 500 750 2,566 1,000 500 1,500 37,514 $ 9,382 218 572 981 1,032 889 2,757 48,870 55,579 1,571 121,851 19,186 306 1,133 2,080 2,043 1,104 2,757 2,445 1,535 718 33,368 25,000 13,622 1( 1,378 57. Actual Over (Under) Budget $ (7,866) (72) (486 ) (529) (892 ) 389 (1,378) 8,870 (2 , 000 ) 53,579 (2 50 ) (900 ) 1,071 (500 ) 49,036 861 5 34 119 604 (1,378) (334) (1,939) (500 ) (750 ) (121) 535 (500 ) (782) (4,146 Continued 58. KODIAK ISLAND BOROUGH GENERAL FUND SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) For the year ended I June 30, 1980 1 Actual Over (Under) Budget Actual Budget Local contributions: Library $ 30,000 $ 30,000 $ - Community college 40,000 40,000 - Elks Club 3,000 3,000 - 73,000 73,000 - Contingencies: j Termination reserve 7,200 2,216 4,984) l Non- departmental: Transfers to other funds: Debt Service Fund contribution 93,751 84,689 (9,062) Special Revenue Fund, Mental Health Programs 12,000 12,000 - Capital Projects Fund contribution 513,243 513,603 360 j 618,994 610,292 8,702 1 Kodiak Island Borough School District: Operating Fund contributions: General support 1,100,000 1,023,435 (76,565) School insurance 75,000 90,447 15,447 1,175,000 1,113,882 (61,118 Total expenditures $2,920,810 $2,909,039 $(11,771 KODIAK ISLAND BOROUGH GENERAL OBLIGATION BONDS DEBT SERVICE CHARGES TO MATURITY June 30, 1980 59. Serial Bond Maturities, Principal and Interest Year Ending Bonds Outstanding Bonds Issued June 30, at June 30, 1980 August, 1980 Total 1981 $ 432,181 $ - $ 432,181 1982 425,125 1,474,728 1,899,853 1983 417,600 1,260,102 1,677,702 1984 414,681 1,257,877 1,672,558 1985 435,581 1,253,042 1,688,623 1986 410,169 1,251,452 1,661,621 1987 398,706 1,242,027 1,640,733 1988 399,894 1,239,902 1,639,796 1989 346,062 1,234,627 1,580,689 1990 347,212 1,226,202 1,573,414 1991 346,912 1,223,992 1,570,904 1992 345,163 1,227,929 1,573,092 1993 341,964 1,228,109 1,570,073 1994 - 1,228,802 1,228,802 1995 - 1,229,481 1,229,481 1996 - 1, 22.9, 200 1,229,200 1997 - 1,228,000 1,228,000 1998 - 1,221,600 1,221,600 1999 - 1,219,600 1,219,600 2000 - 1,216,400 1,216,400 2001 - _ 1_,211,600 1,211,600 $5,061,250 $24,904,672 $29,965,922