Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2007

Prepared by Placer County Auditor Controller's Office

Katherine J. Martinis, CPA
Auditor-Controller

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Comprehensive Annual Financial Report (complete)

Table of Contents	Page #	PDF
Introductory Section
Letter of Transmittal	i	X
Organizational Chart	v	X
List of Elected and Appointed Officials	vi	X
GFOA Certificate of Achievement	viii	X

Financial Section
Independent Auditor’s Report	1	X
Management’s Discussion and Analysis (Required Supplementary Information)	3	X

Basic Financial Statements
Government-wide Financial Statements
Statement of Net Assets	17	X
Statement of Activities	18	X

Fund Financial Statements
Balance Sheet – Governmental Funds	20	X
Reconciliation of the Balance Sheet for Governmental Funds to the Statement of Net Assets	22	X
Statement of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds	24	X
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities	26	X
Statement of Net Assets – Proprietary Funds	27	X
Statement of Revenues, Expenses and Changes in Fund Net Assets – Proprietary Funds	28	X
Statement of Cash Flows – Proprietary Funds	29	X
Statement of Fiduciary Net Assets – Fiduciary Funds	31	X
Statement of Changes in Fiduciary Net Assets – Investment Trust Fund	32	X
Notes to the Basic Financial Statements	34	X

Required Supplementary Information
Schedules of Funding Progress – Historical Pension Data	76	X
Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual – General Fund	77	X
Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual – Public Safety Special Revenue Fund	79	X
Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual –Road Special Revenue Fund	80	X
Note to the Required Supplementary Information	81	X

Combining and Individual Nonmajor Fund Statements and Schedules
Fund Descriptions - Nonmajor Governmental Funds	83	X
Combining Balance Sheet – Nonmajor Governmental Funds	86	X
Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental Funds	87	X
Combining Balance Sheet – Nonmajor Special Revenue Funds	88	X
Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Special Revenue Funds	90	X
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Nonmajor Special Revenue Funds
Community Services Fund	93	X
Community Revitalization Fund	94	X
Special Aviation Fund	95	X
Gold Country Tourism and Promotions Fund	96	X
Fish and Game Fund	97	X
Lake Tahoe Tourism and Promotions Fund	98	X
Open Space Fund	99	X
County Library Fund	100	X
Fire Control Fund	101	X
Lighting Districts Fund	102	X
County Service Areas Fund	103	X
Redevelopment Agency Housing Fund	104	X
IHSS Public Authority Fund	105	X

Combining Balance Sheet - Nonmajor Capital Projects Funds	106	X
Combining Statement of Revenues, Expenditures and Changes in Fund Balances - Nonmajor Capital Project Funds	107	X
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Capital Projects Funds
Capital Improvements Fund	108	X
Redevelopment Agency Economic Development Fund	109	X
Capital Projects Securitization Fund	110	X

Combining Balance Sheet - Nonmajor Debt Services Funds	111	X
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Nonmajor Debt Services Fund	112	X
Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual -Certificates of Participation Debt Service Fund	113	X
Fund Descriptions - Internal Services Funds	115	X
Combining Statement of Net Assets - Internal Service Funds	116	X
Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets - Internal Service Funds	117	X
Combining Statement of Cash Flows - Internal Service Funds	118	X
Fund Description - Agency Funds	119	X
Combining Statement of Changes in Assets and Liabilities - Agency Funds	120	X

Statistical Section
Net Assets by Component	123	X
Changes in Net Assets	124	X
Fund Balances of Governmental Funds	126	X
Changes in Fund Balances of Governmental Funds	127	X
Assessed Value of Taxable Property	128	X
Property Tax Rates – Direct and Overlapping Governments	129	X
Principal Property Taxpayers by Net Assessed Value	130	X
Property Tax Levies and Collections	131	X
Ratio of Outstanding Debt by Type	132	X
Direct and Overlapping Debt	134	X
Legal Debt Margin Information	135	X
Pledged Revenue Coverage	136	X
Demographics and Economic Statistics	137	X
Largest Employers	138	X
County Employees by Function	139	X
Operating Indicators by Function	140	X
Capital Asset Statistics by Function	141	X