louisiana -

J2e^o

COMPREHENSIVE ANNUAL FINANCIAL REPORT

.^ 9ARIS/V X

0

• O.

\ ' < ^ . - ' -

• ^ •.

n t seAi

For The Year Ended December 31, 2008

The Lafourche Parish Government Thibodaux, Louisiana

Finance Department Joel C. Doty, Director

Underprovisionsofstatelaw, this report is a public document Acopy ofthe report has been submitted to the entity and other appropriate public officials. The report is available for public inspection at the Baton Rouge office of the LegislativeAuditor and. where appropriate, at the office ofthe parish clerk of court.

Release Date Md'^

' ° ' SEAL Hi \ V:^OFL00^^"' ^ ^ "Wil •o

\ v . ^ *

statement/ Schedule

Page Number

5 13 15 16

19 21

LAFOURCHE PARISH GOVERNMENT TABLE OF CONTENTS

INTRODUCTORY SECTION LETTER OF TRANSMITTAL CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN FINANCIAL REPORTING PRINCIPAL OFFICIALS ORGANIZATIONAL CHARTS

FINANCIAL SECTION INDEPENDENT AUDITOR'S REPORT MANAGEMENT'S DISCUSSION & ANALYSIS

BASIC FINANCIAL STATEMENTS: Government-Wide Financial Statements (GWFS)

Statement of Net Assets A 35 Statement of Activities B 36

Fund Financial Statements (FFS) Governmental Funds:

Balance Sheet C 38 Reconciliation of the Governmental Funds Balance Sheet (FFS)

to the Statement of Net Assets (GWFS) D 41 Statement of Revenues, Expenditures, and Changes in Fund Balances E 42 Reconciliation of the Governmental Funds Statement of Revenues,

Expenditures and Changes In Fund Balance (FFS) to the Statement of Activities (GWFS) F 44

Proprietary Funds: Statement of Net Assets Statement of Revenues, Expenses, and Changes In Fund Net Assets Statement of Cash Flows

Discretely Presented Component Units: Combining Statement of Net Assets Combining Statement of Activities

NOTES TO THE FINANCIAL STATEMENTS 57

.REQUIRED SUPPLEMENTAL INFORMATION Budget Comparison Schedules - Major Funds:

001 General Fund 107 Solid Waste Fund 108 Royalty Fund 123 Civil Defense Fund 201 Road District 2 Construction Fund

COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES Non-Major Governmental Funds:

Combining Balance Sheet - by Fund Type 2.1 89 Combining Statement of Revenue, Expenditures and Changes

in Fund Balance - by Fund Type 2.2 90

G H 1

J K

45 46 47

45 52

1.1 1.2 1.3 1.4 1.5

81 85 86 87 88


Non-Major Special Revenue Funds: Special Revenue Fund Descriptions Combining Balance Sheet Combining Statement of Revenues, Expenditures and Changes

in Fund Balance Schedule of Revenues, Expenditures and Changes in Fund Balance

Budget and Actual: 101 Animal Control Fund 102 Building Maintenance Fund 103 Roads & Bridges Fund 104 Drainage Maintenance Fund 105 Street Light Fund 106 Road Sales Tax District 2 109 Board of Health Fund 110 Recreation Fund 111 Road Sales Tax District 3 Fund 112 Criminal Jury Fund 113 Criminal Court Fund 114 Special District 1 Fund 115 Off Duty Witness Fund 116 Road Sales Tax District 5 Fund 117 Road Sales Tax District 6 Fund 118 Planning Commission Fund 119 Library Commission Fund 121 Drug Court-Supreme Court Fund 124 IV-D Grant Fund 126 Commission of Women Fund 127 Senior Citizen Activity Fund 128 Rededication Fund 129 Health Activity Fund 130 Head Start Fund 131 CACFP Heat Start Fund 141 CACFP-OCA Fund 142 LCAA Operating Fund 143 Weatherization Grant Fund 144 LIHEAP Grant Fund 150 CSBG Grant 154 TANF Fund 160 Road Sales Tax District A Fund 161 Road Sales Tax District 2 Fund 181 Coastal Zone Management Fund 183 Christmas Tree Program Fund 184 MMS CIAP Project 185 Beachfront Development Commission Fund 196 FEMA Acquisition Fund

Non-Major Debt Service Funds: Debt Service Fund Descriptions Combining Balance Sheet

Statement/ Schedule

3.1

3.2

3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 3.18 3.19 3.20 3.21 3.22 3.23 3.24 3.25 3.26 3.27 3.28 3.29 3.30 3.31 3.32 3.33 3.34 3.35 3.36 3.37 3.38 3.39 3.40

4.1

Page Number

91 97

108

119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156

157 159


Statement/ Page Schedule Number

Combining Statement of Revenues, Expenditures and Changes in Fund Balance

Schedule of Revenues, Expenditures and Changes in Fund Balance -Budget and Actual: 301 Sinking Fund - Certificate of Indebtedness, Series 1994 302 Sinking Fund - Cert of Indebtedness, Building Bonds, Series 1999 303 Sinking Fund - Public Improvement Sales Tax, Series 1999 304 Sinking Fund - Road Sales Tax District 3 305 Sinking Fund - Road Sales Tax District 5 307 Sinking Fund - Road Sales Tax District 6 309 Reserve Fund - Refunding Bonds, Series 2001 310 Debt Service Series 2001 311 Sinking Fund - Sales Tax Bond Series 2003 313 Reserve Fund - Road Sales Tax District No. 3,5 & 6 314 Sinking Fund - Road Sales Tax Districts 3, 5 & 6 315 Certificates of Indebtedness District No. 1 Series 2000 Fund 317 Sinking Fund - Consolidated Road Sales Tax District A

Non-Major Capital Project Funds:

Capital Project Fund Descriptions Combining Balance Sheet Combining Statement of Revenues, Expenditures and Changes

in Fund Balance Schedule of Revenues, Expenditures and Changes In Fund Balance -

Budget and Actual: 195 Morristown Sewerage Project Fund 206 Construction Fund - Road Sales Tax District 3, 5 & 6 299 Capital Projects Fund

Non-Major Enterprise Funds:

Enterprise Fund Descriptions

Combining Statement of Net Assets

Combining Statement of Revenue, Expenses and Changes

in Net Assets Combining Statement of Cash Flows

4.2 163

4.3 4.4 4.5 4.6 4.7 4.8 4.9 4.10 4.11 4.12 4.13 4.14 4.15

5.1

5.2

5.3 5.4 5.5

6.1

6.2 6.3

167 168 169 170 171 172 173 174 175 176 177 178 179

181 183

184

185 186 187

189 191

192 193

SUPPLEMENTARY FINANCIAL INFORMATION Schedule of Compensation paid to Parish Council Members and the

Parish President 195

STATISTICAL SECTION (UNAUDITED)

Financial Trends

Net Assets by Component

Changes in Net Assets

Fund Balances of Governmental Funds

Changes In Fund Balances of Governmental Funds

Exhibit X-1 199

Exhibit X-2 200

Exhibit X-3 203

Exhibit X-4 204


Statement/ Page Schedule Number

Revenue Capacity Information

Tax Revenues by Source, Governmental Funds

Assessed Value and Estimated Actual Value of Property

Property Tax Rates

Principal Property Tax Payers

Property Tax Levies and Collections

Debt Capacity Information

Ratios of Outstanding Debt by Type

Direct and Overiapping Governmental Activities Debt

Legal Debt Margin Information

Pledged-Revenue Coverage

Demographic and Economic Information

Demographic and Economic Statistics

Principal Employers

Exhibit X-5 Exhibit X-6 Exhibit X-7 Exhibit X-8 Exhibit X-9

Exhibit X-10 Exhibit X-11 Exhibit X-12 Exhibit X-13

Exhibit X-14 Exhibit X-15

206 207 208 209 210

211 212 213 214

215 216

Operating Information

Full-Time Equivalent Parish Employees

Capital Asset Statistics by Function

Operating Indicators by Function

SINGLE AUDIT SECTION

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

Report on Compliance With Requirements Applicable to Each Major Program And on Internal Control Over Compliance in Accordance With OMB Circular A-133

Schedule of Expenditures of Federal Awards (notes included)

Schedule of Current Year Findings

Summary Schedule of Prior Audit Findings

Exhibit X-16 217

Exhibit X-17 218

Exhibit X-18 219

223

225

227

229

230

o CL c o o w rtt o

vUnfk^oducfory Secfion

LAFOURCHE PARISH

GOVERNMENT

o O ' ' ° ' ^ ' ' ° ° ' " » « ,

? K-^ . . - ^ O^

0. o '

V:^OFLOO^^^' '

LAFOURCHE PARISH

t iu r ic i i

GOVERKMENT

P.O. Drawer 5548 • Thibodaux, LA 70302 • Telephone 985.446 8427 Thibodaux 800 834,8832 Fax 985.446 8459 • Raceland 800.794.3160 Fax 985 537.7707

WWW lafourchegov org

Charlotte A. Randolph, Parish President Fmance Department

June 29, 2009

Honorable President, Council Members and Citizens Lafourche Parish, Louisiana

Ladies and Gentlemen:

Pursuant to the Louisiana State Statutes and the Revised Home Rule Charter of the Parish of Lafourche. Louisiana (Home Rule Charter), I hereby issue the Comprehensive Annual Financial Report (CAFR) for the Lafourche Parish Govemment for the fiscal year ended December 31, 2008. The Finance Department of the Lafourche Parish Govemment prepared this report in accordance with Generally Accepted Accounting Principles (GAAP) for local govemments as prescribed by the Governmental Accounting Standards Board (GASB). This report satisfies Article VI, Section 7 of the Home Rule Charter, which requires an annual financial and compliance audit of the financial statements of the Parish to include all funds and account groups representing the financial transactions of the Parish and all departments and offices. It also requires all political subdivisions of the Parish to submit their audit, compiled or reviewed reports, to the Parish upon completion within six months from the end of the fiscal year.

It is important to note that this is the fourth year that the Lafourche Parish Govemment has compiled and submitted a CAFR for peer review. The recommendations from the peer review of the 2005, 2006, and 2007 CAFR submissions were reviewed by the Finance department and Stagni & Company, L.L.C., and implemented in the 2008 CAFR. Furthemiore, it should be noted that the 2007 CAFR was awarded the GFOA National Award for Excellence in Financial Reporting. This milestone represents the positive direction and level of financial transparency and accountability ofthe Randolph Administration and ofthe Lafourche Parish Council.

Responsibility for both the accuracy of the presented data and the completeness and fairness of the presentations, including all disclosures, rests with the Parish. We believe the data, as presented, are accurate in all material respects and represented in a manner which fairiy sets forth the financial position and results of the operations of the Parish. Furthermore, we believe all disclosures necessary to enable the reader to gain an understanding of the Parish's financial activity including changes in financial position and cash flows have been included.

The Parish financial statements have been audited by Stagni & Company, L L C, a fimi of licensed certified public accountants. The goal of the independent audit was to provide reasonable assurance that the financial statements are free of material misstatement. The independent audit involved examining, on a test basis, (1) evidence supporting the amounts and the disclosures in the financial statements; (2) assessing the accounting principles used and significant estimates made by management; and (3) evaluating the overall financial statement presentation. The independent auditor concluded, based upon the audit, that there was a reasonable basis for rendering an unqualified opinion that the Lafourche Parish Primary Government's financial statements for the fiscal year ended December 31, 2008, are fairiy presented in confomiity with GAAP. The independent auditor's report is presented as the first document ofthe financial section of this report.

The Parish Govemment is required to undergo an annual single audit in compliance with the provisions of the Single Audit Act of 1996 and the U.S. Office of Management and Budget Circular A-133, Audits of States, Local Govemments, and Non-Profrt Organizations.

Charlotte A. Randolph Jerrv Jones Michael Delatte Louis Ricliard Joseph "Joe" Fertitta

Parish President District 1 Dislrici 2 District 3 District 4

MaltMatherne Lindel Toups Phillip CouaiLX Rodney Doncet Daniel Lorraine

District 5 District 6 District 7 District 8 District 9

Infomiation related to this single audit, including the Schedule of Expenditures of Federal Awards, findings and recommendations, and the auditor's report on the internal control structure and compliance with applicable laws and regulations, is presented immediately following the Statistical Section of this report.

GASB Statement NO. 34, entitled "Basic Financial Statements - and Management's Discussion and Analysis for State and Local Govemments" requires that management provide a nan'ative introduction, overview and analysis to accompany the Basic Financial Statements in the fomi of Management's Discussion and Analysis (MD&A). This letter of transmittal is designed to complement the MD&A and should be read in conjunction with it. The Lafourche Parish MD&A can be found immediately following the report of the independent auditor.

History PROFILE OF LAFOURCHE PARISH

The year 2007 marked the 200 anniversary of the creation of Lafourche Parish. A celebration marking the bicentennial was held on March 31, 2007, 200 years to the date the Parish was officially created. Lafourche Parish is a part of Acadiana, or French Louisiana, home of the Cajun people. The Cajuns trace their ancestry to the French-speaking Acadians who migrated from Acadia (now Nova Scotia) in the mid-18th century. Bayou Lafourche, and therefore the parish, get their names from the Cajun French "La Fourche," meaning "fori ," which describes how the bayou was once a descending fori< ofthe Mississippi River

Valued for its strategic location to New Orieans, Lafourche Parish escaped most of the wanton destnjction associated with the Civil War. In 1896, the United States Post Office established along Bayou Lafourche one of the

first njral free delivery of mail routes in the nation. Given the fact that most of the houses along this watenway fronted the Bayou, the postal authorities recognized the ease with which mail could be distributed.

There are three municipalities in Lafourche Parish: Thibodaux, Lockport, and Golden Meadow. The city of Thibodaux was incorporated in 1830 and is the parish's oldest municipality and the parish seat. The city of Lockport was incorporated in 1899. Its grovirth and establishment is credited to the construction of the canal and locks that facilitated the transfer of freight from Lafourche and Terrebonne parishes to New Orleans. Golden Meadow was settled before 1825 and tradition suggests that the town was named for the fields of Golden Rod clustered nearby. Because of its proximity to the Gulf, Golden Meadow is one of the centers for the state's seafood industry.

Location/Geography

Lafourche Parish is located in southeast Louisiana, approximately 58 mites southwest of New Orieans. The parish spans about 1,469 square mites of area. It is bordered by the Gulf of Mexico to its south, Ten"ebonne Parish to its west. Assumption Parish to its northwest, St. John and St. James Parish to its north, and St. Charies Parish and Jefferson Parish to its east. Lafourche is a parish of marshes, sandy ridges, bodies of water, and natural levees. It has an estimated population of 93,083. Thibodaux, the parish seat, has an estimated population of 15,000 and is home to Nicholls State University and the Louisiana Technical College -Lafourche campus.

Highway 1, the longest and oldest Louisiana highvi/ay, stretches 400 miles from the northwestern corner of Louisiana (near the Texas and Arkansas border), through Lafourche Parish along the western bank of Bayou Lafourche to the Gulf of Mexico at Grand Isle. This one highvray leads to approximately 18 percent of the United States' total energy supply. The highway also serves as Main Street for communities along its route (including those in Lafourche Parish) and is referred to as the

(including those in Lafourche Parish) and is refen'ed to as the "longest street in the worid." In Lafourche Parish, Bayou Lafourche is often used as a point of reference when giving directions. People frequently refer to a given location as "up the bayou," "down the bayou," or "across the bayou."

Lafourche Parish Today

Lafourche, also known as the "Sportsman's Paradise," boasts a natural habitat for a wide range of wildlife such as deer, nutria, alligators, fish, shellfish, etc. Major industries in Lafourche include oil & gas production, sugar refining, shipbuilding, cattle ranching, and commercial fishing. The Parish Logo and Slogan, "Feeding and Fueling Amer/ca," captures the attributes of the parish and emphasizes the importance of Lafourche Parish in a more global perspective.

Profile of Government LAFOURCHE

GOVERHHOn Lafourche Parish is governed under a Home Rule Charter form of government. In November 2004, the voters of the Parish adopted the Revised Home Rule Charter of the Parish of Lafourche. Louisiana which is made up of the Executive Branch (President/Administrative) and the Legislative Branch (Council). The elected Parish President serves as the leader of the Executive Branch of the Parish Government. The Legislative Branch is the elected Parish Council, which is composed of nine district representatives. Both the President and the Council serve four-year terms. There are three incorporated municipalities in Lafourche Parish: Thibodaux (parish seat), Lockport, and Golden Meadow.

For the year ended December 31, 2008, the Parish President appointed department heads subject to the approval of the Parish Council for the following major departments, and serve at the pleasure of the President:

Administration

Finance

Public Worths

Grants & Economic Development

Parks, Recreation & Public Facilities

Community Services

Coastal Zone Management

Human Resources

Parish Employees

The parish employs over 500 workers. Through the "WOW" (Wonderi'ul Outstanding Wori<er) recognition program, employees nominate and award each other for exemplary work. Nominations are submitted to a committee of peers for review. Awards are given for employee of the month and outstanding wori<ers. These employees are acknowledged at the Council meetings each month. All employees of the month are eligible for employee of the year. The employee of the year was awarded to Ms. Gretchen Folse, a dedicated employee who has worked for the Parish in the Infonnation Technology department for six years.

REPORTING ENTITY

A detenmination of the financial reporting entity to be included in this CAFR is made through the application of criteria established by the Govemmental Accounting Standards Board (GASB), Statements 14 and 34. A complete explanation of the financial reporting entity is included in the Summary of Significant Accounting Policies in the notes to the Financial Statements.

This CAFR includes the financial activities of the Primary Govemment and its component units. The Parish provides a full range of services, including general government, public safety, planning, sustainability, public health, public recreation and culture, and support to agencies within the Parish that provide services to the elderiy, disadvantaged citizens, and the business and educational communities of the Parish.

The Parish financial reporting entity consists of the following:

The Primary Govemment Council.

all funds under the auspices of the Parish President and Parish

Legally separate component unit - units of government that are legally separate from the Parish govemment, but have a sufficiently close relationship with the govemment to warrant inclusion in the consolidated financial report. A listing of these component units can be found in the primary government's notes to financial statements.

MAJOR INITIATIVES

Road Projects

Continuous improvements and maintenance of the roads, highways, bridges and drainage has remained a priority of Lafourche Parish. In an effort to better serve its citizens, the Parish created $10,000,000 in bonds for Road Sales Tax District 2. Many road projects are ready to be addressed and repaired with these newly bonded funds. Other major projects were completed and included Lake Long Road, Fantastic Acres, and Bayou Vista Drive within the 3J, 3G, and 5F Projects

Waterfront Development

In 2006, Senator Mary Landrieu sponsored a congressional appropriation that provided $500,000 for the HUD-Economic Development Initiative for ecotourism and revitalization of Bayou Lafourche. This project will provide for a Central Market to be located near the tourism center at the intersection of Highway 90 and LA 1. It is optimistic that this project will also include secured pari<,ing areas in which commuters between Lafourche and surrounding Parishes will be provided with pari< and ride alternatives.

Facing Hurricanes Gustav and Ike

In eariy September 2008, Lafourche Parish was hit with the one-two punch of Hurricanes Gustav and Ike. The Parish Viras hammered with high winds from Gustav, which knocked out many trees and power lines. Shortly after Gustav blew through, the Parish vras flooded with high waters from Ike. These two stonms caused much damage to the buildings, structures, and other properties owned and maintained by the Parish. Some of the harder hit facilities included the Sandra Banios Building in Raceland and the Historic Courthouse in Thibodaux. Many of the Pump Stations were damaged, as were the levees and bemns throughout the Parish. In an ongoing effort, the Lafourche Parish Govemment has vrarked closely with FEMA and GOHSEP to repair the damages that were sustained during these hurricanes.

Buildings

In 2008, several buiWing projects were begun, but the most significant achievements were made on the Lockport Library and the Galliano Government Complex. The Galliano Govemment Complex (also called the South Lafourche Annex) was created to centralize services in a more modem type of building while freeing up the old annex building to be used as a Head Start Facility. This building will be occupied in 2009.

Higher Education

Lafourche Parish is home to Nicholls State University, an accredited four-year institution granting both bachelors and masters degrees, and the Louisiana Technical College, a two-year vocational/technical school. These institutions continue to provide a qualified and skilled wori< force for the businesses located in Lafourche Parish and the surrounding region. It is estimated that shipbuilding is responsible for 35,000 jobs in the state. There are a number of shipyards in Lafourche Parish including Bollinger Shipyards and Edison Chouest, which provide vessels to the federal government.

Port Fourchon

In addition, the Parish is home to Port Fourchon on the Gulf Coast. Fourchon's primary service market is domestic deepwater oil and gas exploration, drilling and production in the Gulf of Mexico. Port Fourchon is comprised of 600 developed acres that houses state of the art service facilities and is in the midst of its 700-acre northern expansion, which will double the port's size and further accommodate the industry's growing needs. The strategic location of Port Fourchon makes it a cost effective location for companies servicing the offshore industry. In addition to supply boats and tugboats, the port location is also convenient for the repair and maintenance of mobile rigs. Currently Port Fourchon services over 75% of the Gulf of Mexico deepwater oil production. It is projected that the port will service 44% of pending future deepwater plans and over half of all offshore drilling in the Central Gulf over the next 30 years. It is also the land base for Louisiana Offshore Oil Port (LOOP), the nation's only super-port.

LOOP (Louisiana Offshore Oil Port)

LOOP transports approximately one million barrels of foreign oil a day and approximately 300,000 barrels of domestic crude from the Gulf of Mexico Outer Continental Shelf (OCS). In 2005, 1.2 million barrels of imported oil was transported by LOOP. Of the over 165 current and pending deepwater projects that have been identified to date, 50% are using or plan to use Port Fourchon as its service base. The discovery of new prospects is growing at a rate of 17 per year.

Leonard Miller, Jr. Airport

The close proximity of the South Lafourche Leonard Miller, Jr. Airport to Port Fourchon makes this the airport of choice for both business and recreational travel to South Louisiana. This general aviation airport sits on 359 acres in Galliano, Louisiana, and is surrounded by 1,200 acres of commission-owned property slated for industrial development. The airport has a 5,000-foot runway with expansion plans for a 6,500-foot njnway with a full parallel taxiway to accommodate large jet aircraft.

Other important industries include ship-building, off-shore services, sugar cane farming, and processing, fishing and cattle ranching. The economic outlook for Lafourche Parish is positive.

LA 1 (Louisiana Highway 1) Gateway to the Gulf

Neariy 10,000 vehicles a day travel the southemmost portion of Louisiana Highway 1 (LA 1) —an overburdened two-lane highway continuously threatened by coastal erosion and often covered with water during inclement weather. LA 1 is the only means of land access to: (1) Port Fourchon, which services approximately

18% of our national domestic and imported oil and gas; and (2) Louisiana Offshore Oil Port (LOOP), which handles 15% of the U.S. imported crude oil with connected pipelines to 50% of the U.S. refinery capacity. The increase in the volume of tonnage transfened at Port Fourchon parallels with the increase in tnjck traffic. Recent truck traffic studies show over 1000 tnjcks per day travel in and out of Port Fourchon. In addition, LA 1 is the hun-icane evacuation route for residents of south Lafourche and Grand Isle, as well as 6,000 oil and gas empbyees working offshore Louisiana.

Recognizing that the LA 1 is extremely significant to the nation's energy supply and to the billions of dollars generated in OCS revenues, in 2001 the U. S. Congress named this critical energy infrastructure to the federal list of "High Priority Conidors." This designation puts LA 1 in an impressive class of only 44 such highways in the nation.

The LA 1 project is to be designed so that it can be constructed using "end-on" type constmction methods vi/henever possible to protect our sensitive wetlands and marshes. Phased constmction will allow the portbns of the project to be constructed as funding is available. In March 2006, state highvray officials, elected leaders and members of the LA 1 Coalition celebrated the start of constnjction on a new Leeville overpass, made possible by revenue from bond proceeds and a federal highway loan. Local industry and community residents will service these debts by paying highway tolls on the new overpass for 30 years. Significant funding is still needed, however, to make a safer, more reliable and more secure LA Hwy. 1 a reality.

L-i

TcffctionfUi P:\flcii

•Cocottrto '

t p T u b l wUaAiQ

\^yy

Tourism

Tourism has increased by an average of 15% annually since 1988 in Lafourche Parish. Currently, the parish is in the process of developing the Bayou Lafourche Conidor as a recreation and economic development initiative.

FINANCIAL MANAGEMENT

Internal Controls and Budgetary Control

The system of intemal control is designed to provide reasonable, but not absolute, assurance that the GAAP objectives are met. The concept of reasonable assurance recognized that: 1) the cost of control should not exceed the benefits likely to be derived; and 2) the evaluation of costs and benefits requires estimates and judgments by management All intemal control evaluations occur within this framework and are believed to adequately safeguard assets and provide reasonable assurance of proper recording of financial transactions. The Parish uses a computerized financial accounting system that includes a system of intemal accounting controls.

The Finance Department is responsible for providing all centralized Parish financial services, including financial accounting, reporting and budgeting, payroll and accounts payable disbursement functions, cash and investment management, debt management, purchasing and contract administration. The Finance Director is appointed by the Parish President and confinned by the Council. The Finance Director serves at the pleasure ofthe President. The objective of budgetary controls is to ensure compliance with legal provisions in the annual appropriated budget approved by the Parish Council. In accordance with Article VI of the Home Rule Charter, the annual operating budget, or financial plan, is proposed by the Parish President and enacted by the Parish Council after public discussion. Subsequent intra-departmental budget transfers must be approved by the Parish President.

10

Inter-departmental transfers and any increase or decrease in total appropriations must be approved by the Parish Council Management control forthe operating budget is maintained at the fund and department level.

Budgetary control is maintained by the encumbrance of appropriations with purchase orders prior to their release to vendors. Purchase orders that exceed appropriation balances are not released unless additional appropriations are made available. The primary responsibility for fiscal analysis of budget to actual expense or revenue and overall program fiscal standing rests jointly with the department operating the program and the fund accountant assigned to assist the department in monitoring its budget. As demonstrated by the statements and schedules included in the Parish's 2007 CAFR, the Parish continues to meet its responsibility for sound financial management.

Cash Management

The Parish's investment policy is to minimize credit and market risk while maintaining a competitive portfolio yield. With the exception of the 2005 Road Bond proceeds, all Parish cash balances are invested in the Louisiana Asset Management Pool (LAMP). The year 2008 generated LAMP interest eamings of $682,912 with an average investment rate of 2.38%. The year 2007 generated LAMP interest earnings of $1,672,390 with an average investment rate of 4.9%. The year 2006 generated LAMP interest eamings of $1,521,924 with an average investment rate of 4.9%.

Long Term Financial Planning

The Parish is in the process of analyzing and documenting the revenue streams and economic and demographic growrth factors. The goat is to develop a financial strategic plan that provides not only for the essential services and infrastmcture of Lafourche Parish but for the anticipated growth and financing of future capital improvements. Considerations are continued road improvements and projects that address drainage, flood protection, and coastal erosion.

AWARDS AND ACKNOWLEDGMENTS

The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the Lafourche Parish Govemment for its Comprehensive Annual Financial Report for the fiscal year ended December 31, 2007. The Certificate of Achievement is a prestigious national award recognizing confonnance with the highest standards for preparation of state and local govemment financials.

In order to be awarded a Certificate of Achievement for Excellence in Financial Reporting, a govemmental unit must publish an easily readable and efficiently organized comprehensive annual financial report with contents conforming to program standards. This report must satisfy both generally accepted accounting principles and applicable legal requirements.

A Certificate of Achievement is valid for a period of one year only. This was the first year that the Lafourche Parish Govemment has achieved this prestigious award. I believe that our cun'ent report is consistent with the Certificate of Achievement Program's requirements, and we are submitting it to the GFOA to detennine its eligibility for another certificate.

We wish to express our appreciation to all departments of the Parish who assisted and contributed to the preparation of this report. Special thanks and acknowledgement is due to the staff of the Finance Department (Chastity Himel, Accounting Manager; Jenica Collier, Accountant/Audit; Sonya Ockman, Accountant; Renita Jackson, Accountant; Cassie Daugherty, Accountant; Connie Duet, Accountant; Tara LeBlanc, Purchasing Specialist; Faye Morvant, Accountant; and Kathy Grabert, Accounting/Purchasing Clerk). Each of these individuals is cmcial in ensuring sound financial practices are followed and maintained and without their dedicated efforts successful completion of this report would be impossible.

11

We must also express our appreciation to the staff of Stagni and Company. It is through their efforts and guidance that this report is possible.

Finally, we acknowledge the Parish President and Council Members, Department Heads and citizens of Lafourche Parish who have consistently supported the Finance Department and the Lafourche Parish Govemment's goal of excellence and transparency in all aspects of financial management. Their support is greatly appreciated.

Resoectfully submitted,

Joel Doty Finance Director

12

Certificate of Achievement for Excellence in Financial Reporting

Presented to

Lafourche Parish Govemment Louisiana

For its Comprehensive Annual

Financial Report

for the Fiscal Year Ended

December 31, 2007

A Certificate of Achievement for Excellence in Financial Reporting is presented by the Government Finance Officers

Association ofthe United States and Canada to govemment units and public en^loyee retirement systems whose conqirehensivc annual financial

reports (CAFRs) achieve the highest standards in govemment accounting

and fmancial reporting.

H I M President

Executive Director

13

Randolph Administration

C J i ^ 4 ' ^ ^ e y ^ . rC/7-f fy^/^/ f

Lafourche Parish President

While Lafourche Parish is not immune from the downward trend in our nation's economy, we are fortunate to have resources that could potentially stave off major cuts here. Community Development Block Grants, awarded as a result of Hurricanes Gustav and Ike, will enable us to complete some needed capital projects which would othenvise be delayed because royalty funds have been severely impacted by the economic downturn and the lower price of oil. Hazard Mitigation funds will enable us to strengthen our protective structures and a $10 million bond issue will improve the streets and drainage in Road Sales Tax District #2. Lafourche continues to be an excellent place to work, as unemployment numbers are among the lowest in the nation. All in all, while we are cautious about the future, we continue to provide the services our residents deserve. That is our main focus. That is our obligation.

2008 Lafourche Parish Council

tSf... Av;;^*;'- MmiM^LuM^st.i 'v^rwWFi

(Front Row, L to R) Phillip Gouaux, Council District 7 Michael Delatte, Council District 2, Chairman Chariotte Randolph, Parish President Matt Matheme, Council District 5 Rodney Doucet, Council District 8

(Back Row, L to R) Louis Richard, Council District 3 Jerry Jones, Council District 1, vice-Chairman Joe Fertitta, Council District 4 Daniel Lorraine, Council District 9 Lindel Toups, Council District 6

15

Primary Govemment

Civil Service •iuiii*ijiii^|iilW

Parish Administrator ' ^ ^ ; ^»w j twpw i iwgwwTfTWi - i » •

Citizens of Lafourche rSV

Executive Branch

tJ

Parish President X T ! ^

c

Office of Emergency Preparedness J .

nch 11 Legislative Branch

Parish Council

Coastal, Energy & Environmental

Community Service

Economic Development

Finance

Human Resources

Parks, Recreation & Public Facilities

Public Works

Council Clerk's Office

16

Parish of Lafourche Organizational Chart

Department of Finance

Citizens of Lafourche

Parish President

Parish Administrator • ••f.. i f iw , i . , i u -u j ' " ' * 'wy

Finance Director [ irnidi -divi'-JiU! HT-npn''ttg

Accounting —l^-TTTl'l '" m w i i J " ' ^ • l u i i M M i J i i f •iwj ultrj

Purchasing •1Fr>>«l ' lUU A • P '

17

V V ../

18

Hinancial Secfion

LAFOURCHE fdi iCin^ ^ j u i C i n g f 'Ar/urica

PARISH ./GOVERNMENT

^ \

^ O c o o o * * * *

STAGNI & COMPANY, LLC CERTIFIED PUBLIC ACCOUNTAKTS & CONSULTANTS

INDEPENDENT AUDITOR'S REPORT

To the President and Members of the Lafourche Parish Council Thibodaux, Louisiana

We have audited the accompanying financial statements of the govemmental activrties, the business-type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund infonnation of the Parish of Lafourche, Louisiana (the "Parish"), as of and for the year ended December 31, 2008, which collectively comprise basic financial statements, as listed in the table of contents. These financial statements are the responsibility of the Parish's management Our responsibility is to express an opinion on these financial statements based on our audit. We did not audit the financial statements of Fire Protection District No. 3, Hospital Servrce District Ho. ^, Hospital Service District No. 2, Hospital Service District No. 3, Home Mortgage Authority, Housing Authorrty, Juvenile Justice Commission, Communications District. Lafourche Parish Library, Drainage District No. 1, Tourist Commission, and Ambulance Service District No. 1, which represent 78 percent, 83 percent, and 92 percent respectively, of the assets, net assets, and revenues of the Lafourche Parish component units. Those financial statements were audited by other auditors whose report thereon has been fumished to us, and our opinion, insofar as it relates to the amounts irrcluded for Lafourche Parish component units, is based on the report of the other auditors.

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 Govemment 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 financial statements are free of material misstatement An audit inckides examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used ar>d significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit and the report of other auditors provide a reasonable basis for our opinions.

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the govemmental activities, the business-type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the Lafourche Parish Council as of December 31, 2008, and the respective ctianges in financial position and c a ^ flows, where applicable, fbr the year then ended in conformity with accounting principles generally accepted in ttie United States of America.

In accordance with Govemment AudiUng Standards, we have also issued a report dated June 11, 2009 on our consideration of the Parish's intemal conbDl over financial reporting and our tests of its compliance with certain provisions of laws, regulations, conhnacts and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of intemal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the intemal control over financiai reporting or on comptiarKe. That report is an integral part of an audit performed in accordance with Govemment Auditing Standards and important for assessing the results of our audit.

207 UFAYE AVENUE • THIBODAUX, LA 7 0 3 0 I (985) 447 -7226

I 4 0 I HUDSON U N E • SUITE 20 I • MONROE, U\ 7120I (3 1 8 ) 3 2 2 - 2 8 7 0

FiRMWiDE FAX (985) 446 -3032

EMAIL; [email protected]

MEMBERS: AICPA • LCPA

19

mailto:[email protected]

To the President and Members of the Lafourche Parish Council Page 2 of 2

The Management's Discussion and Analysis and Budgetary Comparison Schedules of tiie Major Funds is not a required part of ttie basic financial statements but is supplementary information required by accounting principles generally accepted in the United States of America. We have

_appiied_certain^limited- pr(x;edures,_which_consisted-principally_of^-inquiries of. management regarding the mettiods of measurement and presentation of the required supplementary information. However, we did not audit the infonmation and express no opinion on it

Our audit vms (conducted for the purpose of forming an opinion on the financial statements that collectively comprise the basic financial statements. The Introductory Section, Combining and Individual Fund Financial Statements and Schedules, Supplementary Financial Infonmation Schedule, and Statistical Section (UNAUDITED) are presented for purposes of additional analysis and are not a required part of the basic financial statements. The accompanying Schedule of Expenditures of Federal Awards is presented for purposes of additional analysis as required by U.S. Office of Management and Budget Circular A-133, Audits of States, Local Govemments, and Non-Profrt Organizations, and is also not a required part of the basic financial statenronts. The Combining and Individual Fund Financial Statements and Schedules, Schedule of Compensation Paid to Council Members and Parish President and the Schedule of Expenditures of Federal Awards have been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, are fairty stated in ail material respects in relation to the basic financial statenr>ents taken as a whote. The Infrodurfory Section, Certain Supptemental Financial Information Schedules marked "Unaudited" and Statistical Tables have not been subjected to ttie auditing procedures applied in the audit of the basic financial statements and, accordingly, we express no opinion on them.

O / o o n t C f (Sompcuiif

Thit)odaux, Louisiana June 11, 2009

STAGNI & COMPANY, LLC

20

LAFOURCHE PARISH GOVERNMENT MANAGEMENT'S DISCUSSION AND ANALYSIS

December 31, 2008

As financial management of the Lafourche Parish Government (the Parish), we offer readers of this financial statement an overview and analysis of the financial activities of the Lafourche Parish Government. This narrative is designed to assist the reader in focusing on significant financial issues, identify changes in the government's financial position, identify any material deviations from the approved budget documents, and identify individual fund issues or concerns. The Management's Discussion and Analysis (MD&A) is designed to focus on the current year's activities, resulting changes, and currently known facts. It should be read in conjunction with the Letter of Transmittal and the financial statements.

FINANCIAL HIGHLIGHTS

• Assets of the primary government exceeded its liabilities at the close of the year by $63,700,837 (net assets). Of this amount $40,133,201 may be used to meet the government's ongoing obligations to citizens and creditors and is considered unrestricted.

• The primary government's total net assets increased by $5,862,486. Governmental activities net assets increased by $6,065,166 while business-type activities decreased by $202,680.

• At the end of the year governmental funds reported combined ending fund balances of $49,886,605, an increase of $10,201,874 in comparison with the prior year. Approximately 83% of the total fund balance or $41.6 million, is available for spending and is considered unreserved.

OVERVIEW OF THE FINANCIAL STATEMENTS

With the implementation of Governmental Accounting Standards Board (GASB) Statement 34 the presentation of financial statements has been greatly changed. The new statements focus on the government as a whole (government-wide financial statements) and the major individual funds (fund financial statements). Both perspectives allow the reader to address relevant questions, broaden a basis for comparison and should enhance accountability.

Government-Wide Financial Statements (GWFS) - The GWFS are designed to be similar to those of private sector businesses in that all governmental and business-type activities are consolidated into columns that add to a total for the primary government. The statements combine all governmental funds current financial resources with capital assets and long-term obligations. Also presented in the GWFS is a total column for the business-type activities of the primary government. All component unit agencies issue separate statements. The Statement of Net Assets presents information on all assets and liabilities, with the difference between the reported as net assets. Over time, changes in net assets may serve as a useful indicator of whether the financial position is improving or deteriorating.

The Statement of Activities presents information on how the net assets changed during the year. All changes in net assets are reported as soon as the underiying event giving rise to the change occurs, regardless of the timing of the related cash fiows. Thus, revenues and expenses are reported in this statement for some items that will result in cash flows only in future fiscal period. For example, earned but unused vacation leave results in cash flows for future periods. The focus of the Statement of Activities is on both the gross and net cost of various activities that are funded by general tax and other revenues. This is intended to summarize infonnation and simplify the analysis of the cost of various governmental services and/or subsidy to various business-type activities.

The governmental activities reflect the basic services including general government services (executive, legislative, judicial), public safety (public health, emergency preparedness, communications, detention center), public works (solid waste treatment and street and road maintenance), community services (mosquito control and animal control), conservation and development (social programs), culture and recreation (library and athletics), and intergovernmental.

21

LAFOURCHE PARISH GOVERNMENT MANAGEMENTS DISCUSSION AND ANALYSIS

December 31, 2008

These services are financed primarily with taxes. The business type activities reflect private sector type operations (sewer utilities) where the fee for service typically covers all or most of the cost of operations, including depreciation.

Fund Financial Statements (FFS) - 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. Traditional users of governmental financial statements will find the fund financial statements presentation more familiar. The focus is now on major funds, rather than generic fund types.

• Governmental Funds - are used to account for essentially the same functions reported as governmental activities in the GWFS. The Major Fund presentation is presented on a modified accrual basis. Unlike the GWFS, governmental FFS focus on near-term outflows of spendable resources, as well as on balances of spendable resources available at the end of the year. Such information may be useful in evaluating a government's current financing requirements.

• Proprietary Funds - encompass both enterprise and internal service funds on the FFS. Enterprise funds are used to report the same functions presented as business-type activities in the GWFS. Internal service funds are an accounting device used to accumulate and allocate costs internally among the various functions. The Parish uses an internal service fund to account for the self insurance of worker's compensation. Because these services predominantly benefit governmental rather than business-type functions, they have been included within the governmental activities section in the GWFS.

FFS also allow the Parish to present fiduciary funds. While these funds represent a trust responsibility, these assets are restricted in purpose ad do not represent discretionary assets of the government. Therefore, these assets are not presented as part of the GWFS.

While the total column on the proprietary FFS for enterprise funds is the same as the business-type column at the GWFS, the governmental major funds total column requires reconciliation because of the different measurement focus that is reflected on the page following each statement. The flow of current financial resources will reflect bond proceeds and the inter-fund transfers as other financing sources and will show capital expenditures and bond principal payments as expenditures. The reconciliation will eliminate these transactions and incorporate the capital assets and long-term obligations into the Governmental Activities column in the GWFS.

Notes to the Financial Statements - The notes provide additional information that is essential to a full understanding of the data provided in the GWFS and FFS. The notes to the financial statements are a required part of the basic financial statements.

Other Information - In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary infonnation concerning major fund budgetary comparisons. The Schedule of Compensation Paid to Parish Council and President is also required supplementary infonnation.

The combining statements in connection with the non-major governmental and proprietary funds are presented immediately following the required supplementary information. Certain other supplementary financial information can be found in this report - such as the schedule of federal awards.

22


December 31, 2008

FINANCIAL ANALYSIS

The Statements of Net Assets includes all of the assets and liabilities and provides information about the nature and amount of investments in resources and the obligations to creditors. This statement provides the basis for evaluating the capital structure and assessing the liquidity and financial flexibility of the Parish.

To begin our analysis, a condensed summary of the Statement of Net Assets is presented in the following table:

Condensed Statement of Net Assets December 31, 2007 and 2008

(in millions) 2007 2008

Assets: Current and Other Restricted Capital Total

Liabilities: Current Long-Term Total

Net Assets: Invested in Capital Assets Net Restricted Unrestricted Total

Governmental Activities

$

$

38.819 6.493

53.317 98.629

4.372 38.588 42.960

20.928

11.391 23.350 55.669

Business-Type

Activities

$ 0.010 -

2.354 2.364

0.193 -

0.193

2.354

-(0.185)

$ 2,169

Total

$38,829 6.493

55.671 100.993

4.565 38.588 43.153

23.282

11.391 23.165

$57,838


$

$

58.401 -

54.740 113.141

6.867 44.539 51.406

16.135

5.250 40.349 61.734

Business-Type

Activities

$ 0.009 -

2.182 2.191

0.224 -

0.224

2.181

-(0.215)

$ 1.966

Total

$58,410 -

56.922 115.332

7.091 44.539 51.630

18.316

5.250 40.134

$63,700

In 2008, $16,135 million of the total net assets reflects the investment in capital assets (land, buildings, infrastructure, machinery and equipment) less any related outstanding debt used to acquire those assets. The Parish uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Another $5,250 million of the net assets is restricted for debt service.

23

LAFOURCHE PARISH GOVERNMENT MANAGEMENT’S DISCUSSION AND ANALYSIS

December 31, 2008

The following depicts the composition of total net assets for 2008 and 2007:

Invested in Capital Assets Restricted Unrestricted

24


December 31, 2008

The table following provides a summary of the changes in net assets:

Condensed Statement of Changes in Net Assets For the Year Ended December 31, 2007 and 2008

(in millions)

2007

2008


Business-Type

Activities Total


Business-Type

Activities Total Revenues:

Program Revenue: Charges for Services $ 5.688 $ 0.109 $ 5.797 $ 3.305 $ 0.104 $ 3.409

Operating Grants 8.326 - 8.326 6.206 - 6.206 Capital Grants - - - 9.076 - 9.076 General Revenue: - - Ad Valorem Taxes 15.475 - 15.475 28.695 - 28.695 Sales Taxes 10.702 - 10.702 - - - Other Taxes - - - - - - Federal Grants - - - - - - State Grant 4.721 - 4.721 - - - Local Grants 0.065 - 0.065 - - - Unrestricted Grants - - - 9.072 - 9.072 Interest 1.505 - 1.505 0.717 - 0.717 Miscellaneous 1.757 - 1.757 0.744 - 0.744 Total 48.239 0.109 48.348 57.815 0.104 57.919

Expenses: General Government 4.884 - 4.884 7.279 - 7.279 Public Safety 1.339 - 1.339 1.790 - 1.790 Public Works 13.708 - 13.708 32.625 - 32.625 Sewer - 0.316 0.316 - 0.307 0.307 Community Services 6.210 - 6.210 6.945 - 6.945 Conservation 0.174 - 0.174 - - - Culture and Recreation 1.299 - 1.299 1.913 - 1.913

Economic Development 0.355 - 0.355 - - -

Depreciation 5.518 - 5.518 - - - Interest 1.506 - 1.506 1.198 - 1.198 Total 34.993 0.316 35.309 51.750 0.307 52.057 Increase (Decrease) 13.246 (0.207) 13.039 6.065 (0.203) 5.862 Net Assets - Beginning 42.423 2.376 44.799 55.669 2.169 57.838

Net Assets - Ending $ 55.669 $ 2.169 $ 57.838 $ 61.734 $ 1.966 $ 63.700

25


December 31, 2008

Net assets increased by over $13 million during 2008. Total revenues increased by approximately $8 million while total expenses decrease by approximately $5.87 million. The major increases and decreases were in governmental activities in the following areas:

• Total revenues for all activities increased by almost $10 million or 37% from the prior year. Taxes increased by approximately $2.5 million in proportion to an increase of assessed value of properties taxes levied and the sales tax base. Charges for services decreased by approximately 9%. Federal, State and Local grant revenue increased by over $2 million or 8%, mainly due to FEMA funding for hurricane expenditures for Gustav and Ike. Interest revenue decreased to almost half from the prior year due to the current state of the economy.

• Total expenditures for all activities increased by $16.7 million or 64% from the prior year. General government, public safety public works, community services, and culture and recreational expenditures all increased. Depreciation expense was reclassified to the corresponding functions in the current year. Interest paid on debt decreased by approximately 1%.

Business Type Activities – nets assets decreased by approximately $200,000. Charges for sewer services were approximately $103,675 and expenses to operate this service were $306,355.

26


December 31, 2008

FINANCIAL ANALYSIS OF THE GOVERNMENTAL FUNDS

Governmental Funds:

The focus of the Parish's governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the financing requirement. In particular, unreserved fund balance may serve as a useful measure of a government's net resources available for spending.

The primary government governmental funds reported combined ending fund balances of $49,886,605 an increase of $10,201,874 from the prior year. Certain balances in the total are reserved to indicate that it is not available for new spending due to commitments to:

• Liquidate contracts and commitments of the prior period of $10,092,723 (mainly in the Road Sales Tax District No. 2 construction fund) or,

• Payment of debt service of approximately $5,502,130.

The General Fund, the main operating fund, ended the year with an unreserved fund balance of $3,086,795. Other major funds that reported unreserved fund balance were:

• The Solid Waste Fund of $2,354,074; • The Royalty Fund of $8,624,196; and • The Civil Defense Fund of $1,079,932.

The non-major governmental funds also had unreserved fund balance of $20,140,607 from Special Revenue Funds; $(251,575) deficit reserved for Capital Projects from Capital Projects Funds; and $5,502,130 reserved for Debt Service from Debt Service Funds.

Other highlights of the Major Governmental Funds were:

General Fund - experienced an excess of expenditures over revenues of $621,593 before net transfers in of $547,359.

Most of the revenue in that fund ($4,179,636 or 58%) was generated from Taxes: • Ad Valorem Taxes collected were $1,471,973; • Gaming and Alcohol Taxes collected were $1,359,131; • Franchise Taxes collected were $463,529; and • Severance Taxes collected were $885,003.

The General Fund recorded $775,225 in State Government grants and Local Grants of $15,000.

Charges for services, such as licenses and permits ($2,041,178) and Fines and Forfeitures ($43,977), totaled $2,085,155.

The major expenditures in General Fund were general government expenditures for legislative, judicial, elections, finance and administrative costs and others that totaled $5,096,451 or 65%) of all expenditures. Over $3 million of the general government expenditures were for salaries and benefits.

Solid Waste Fund - Revenues generated by ad valorem taxes of $7,223,931 were expended mostly for waste collection. In this year $5,014,009 was expended for waste collection and removal from Hurricanes Gustav and Ike. These expenditures are expected to be reimbursed by the Federal Government. The total amount spent on waste collection and removal was over $12 million.

27


December 31, 2008

Royalty Fund - The Royalty Fund receives revenue from state and mineral royalties ($6,792,223) granted to the Parish. These funds are not restricted and are used to finance any projects deemed necessary by the Parish. Royalty funds were used to support the operations and transferred out to $5,463,344) many funds of the Parish. The fund balance in the Royalty Fund increased from $5,817,929 to $8,624,196 from the prior year.

Civil Defense Fund - This fund is significant based on federal funds received of $2,463,829 from FEMA for Hurricane damage primarily spent on operating services, other services and supplies needed for Hurricanes Gustav and Ike.

The Road Sales Tax District 2 Construction Fund recorded the $10 million bond proceeds funded from ad valorem taxes collected and remitted for construction and repayment of debt of the bond issue in the named District. In the current year, $1,989,202 was expended for public works projects for the District.

Proprietary Funds:

Enterprise Funds - Net assets of the Sewerage Funds totaled $2,190,538, an increase of $21,424 from the prior year. The Enterprise Funds had restricted fund equity of $2,181,616 in capital assets but a fund deficit in unreserved of $215,182.

Internal Sen/ice Fund - Net assets of the Wori^er's Compensation Fund increased slightly from the prior year by $28,491 to $1,028,531. Charges for insurance received from other funds were $480,467. Expenses amounted to $472,090 mostly insurance premiums $370,640,

GENERAL FUND BUDGETARY HIGHLIGHTS

Some of the significant budget variances were:

CATEGORY

Taxes

State Grant

Local Grant Fines and Forfeitures Investment Eamings

Miscellaneous General Govemment

Public Safety

Public Worths Community Services

Capital Outlay

BUDGET

$ 3,757,343

$ 5,820,382

S

$ 62,000

$ 45.000

$ 56,650

$ 5,289,670

$1,916,778

3 782,170

$ 536,323

$ 13,333

ACTUAL

$4,179,636

$ 775,225

$ 15,000

$ 43,977

$ 12,636

$ 117.482

$ 5,096,451

$ 1,777,290

$ 476,197

$ 451,614

$ 5.175

VARIANCE

$ 422,293

$ (5,045,157)

$

$

$ $

$ $ $

$

s

15.000

(18,023)

(32,364)

60,832

193,219

139.488

305,973

84,709

8,158

% 11%

-87%

100%

-29%

-72%

107%

4%

7%

39%

16%

61%

COMMENTS

Unexpected increase in collections.

Grant funding not received as expected.

Grant not budgeted

The number of cases declined.

Ttie state of ttie economy declined.

Revenues collected ttiat were not budgeted.

More salaries and benefits budgeted ttian spent

Miscellaneous budget for were not used.

Miscellaneous budget for were not used

More salanes and benefits budgeted than spent.

Capital purctiases budgeted not spent.

28


December 31, 2008

An explanation of increases and decreases in the original and final budget were;

$10,738,325 Original Budget - Revenues Increases (Decreases) for:

Taxes State Grants Charges for Services

Total Amendments Final Budget - Revenues

193,600 Collected more than originally budgeted 577,400 Expected to receive an additional grant

232,000 Collected more than originally budgeted

1,003,000 $11,741,325

Original Budget -Expenditures Increases (Decreases) for: Legislative

Finance and Administrative Executive

Purchasing

Human Resources

Property & Risk Management Civil Service Planning & Zoning

Infonnation Technology Other Departments Public Safety

Public Worths Community Services

Economic Development Capital Outlay

$ 7,743,196

(45,854)

74,462 8,577

2,083

19,352

68,436 2,175

168,243

3,418 2,646

374,780

95,704 10,341

7,381 3,334

(45,854) Decrease primarily in professional services Increases primarily in salaries and benefits and other services increases primarily in other services Increases pnmarily in salaries and benefits and other services Increases primarily in salaries and benefits and other services Increases primarily in salaries and benefits and other services Increase in supplies needed Increase primarily in professional services Increases primarily in salaries and benefits and other services Increases primarily in salaries and benefits Increases primarily in salaries and benefits and supplies Increases in salaries and benefits and professional services Decreases in other services Increases primarily in salaries and benefits and other services Miscellaneous adjustments

Total Amendments Final Budget - Expenditures

795,078 $ 8,538,274

29


December 31, 2008

CAPITAL ASSETS

The net book value of capital assets of governmental activities at the end of the year was $54,740,465 ($154,887,112 cost less $96,352,330 of accumulated depreciation). The amount shown as Invested in capital assets, which is net of related debt related to the capitalization of those assets is $16,135,465.

2007 2008 Governmental Activit ies:

Capital assets not being depreciated: Land $ 1,369,718 $ 1,369,718 Construction in progress 5,554,909 2,424,599

6,924,627 3,794,317 Buildings 15,754,167 17,716,602 Roads 70,479,932 76,760,995 Bridges 12,011,170 12,011,170 Improvements 3,890.904 2,305,151 Pumps 26,705,088 28,775,542 Sewerage - 1,293,346 Furniture & Equipment 6,264,139 5,856,795 Vehicles 2,149,355 2,578,877

137,254,755 147,298,478

Total cost of assets 151,104,009 154,887,112

Less accumulated depreciation for: Buildings 3,838,610 4,226,375 Roads 48,949,566 52,934,777 Bridges 6,772,012 6,958,571 Improvements 1,018,731 608,570 Pumps 25,147,733 26,143,699 Sewerage - 25,867 Furniture & Equipment Vehicles

Net Capital Assets-Governmental Activities

Governmental Activities - included additions of $9,516,336 for capitalization of assets mainly:

3,735,531 1,400,372

90,862,555 $53,316,827

3,875,462 1,579,009

96,352,330 54,740,465

Projects completed and transferred: Buildings Road projects Drainage projects Pumps purchased Sewerage projects Equipment and furniture Vehicles and equipment Total additions

$ (1,959,488)

1,893,835 6,968,276

283,184 233,557

1,293,346 337,344 466,282

$ 9,516,336

30


December 31, 2008

Depreciation expense for governmental activities was charged to the following functions:

General Government Public Safety Pubic Worths Health & Community Culture & Recreation

$ 369,146 12,883

5,942,941 236,309 132,668

$ 6,693,947

Business-Type Activities - There were no additions or deletions in capital assets this year. Depreciation of $172,021 was recognized during the year.

Additional information on capital assets follows in Note 5, CAPITAL ASSETS in the financial report.

DEBT ADMINISTRATION

At the end of 2008 total bonded debt outstanding was $38,605,000, including $10,000,000 of new debt. The debt represents bonds secured by specified revenue sources such as the general sales tax and ad valorem taxes. Payments of bond principal made during the year were $3,965,000.

Community Disaster Loan - With Resolution 05-247, adopted October 25, 2005 the Council approved the application for participating in the Community Disaster Loan Program administered by the Federal Agency - Department of Homeland Security for aid in relief from loss of revenue from the disasters of Hurricanes Katrina and Rita. The loan - the proceeds of $5,462,053 that were received in 2006 - is considered a promissory note and the local government must pledge collateral security. The Parish has pledged revenues for each fiscal year while any portion of the note is outstanding, after provision has been made for the payments required in connection with any outstanding bonded indebtedness. The terni of the loan is 5 years but may be extended. Payments of principal and interest may be defen^ed until the end of the 5 year period Interest - computed as the US Treasury rate for 5-year maturities on the date the Promissory Note is executed - accrues on the funds as they are disbursed. The Agency may cancel repayment of all or part of the loan if the revenues in the 3 fiscal years following the fiscal year of the disaster are insufficient to meet the operating budget because of disaster related revenue losses and un-reimbursed disaster related operating expenses or by Legislative Action. Currently there is legislation to cancel repayment of the loan and consider the funds a grant, and consequently we did not accrue interest at the end of this year.

Additional information on long-term debt follows in Note 6. LONG-TERM DEBT in the financial report.

ECONOMIC FACTORS AND NEXT YEAR'S BUDGETS AND RATES

The 2009 Budgets propose to maintain all individual funds with a positive fund balance estimated for December 31st of 2008. The 2009 Operations and Maintenance Budget is proposed at a value of $50,122,520 compared to a $39,668,042 finally amended 2008 Budget and a current $52,877,756 amended 2008 Budget. The 2008 Capital Budget adds $8,647,890 to new and existing projects for an estimated $30,105,286 funding for proposed projects. Not included in this figure is a five-year capital budget projection which demonstrates additional needs and scheduled capital improvements.

Funding is provided from General Sales Tax collections estimated in the amount of $12,977,846 and ad valorem taxes of $10,067,634. This revenue will be combined with funding from grants, state revenue

31


December 31, 2008

sharing, fees, licenses, pennits and other sources of expected revenue for 2009 totaling $27,124,019 including $4.2 million of an estimated $10 million for Coastal Impact Assistance Program from the Federal Government and additional severance tax revenue as approved by the State Legislature.

The Parish's total outstanding debt is expected to be $28,605,000 with annual principal and interest due in 2009 of $3,300,177.

MAJOR PROJECTS FOR 2009 • Continuation ofthe Saltwater Control Structure Project • Begin wori< on Coastal Impact Assistance Program Projects • Continuation South Lafourche Annex Construction • Drainage Wori< Behind LCO and to the south of Cut Off Elementary • Leighton Pump Station • Jessie Dufrene Pump Station

A summary of the 2009 General Fund Operating Budget follows:

Beginning Fund Balance Revenues: Taxes Licenses & Pemiits Intergovernmental Charges for Services Fines & Forfeitures Investment Earnings Other Revenues

Expenditures: Salaries & Wages Employee Benefits Operating Services Professional Services Other Services Supplies Miscellaneous Debt Service Capital Outlay

Transfers In Transfers Out Net Change

Ending Fund Balance

$2,373,522

4,089,945 1,985,560 3,444,170

18,800 51,000 61,000 35,500

9,685,975

3,655,377 1,411,881

248,653 526,380 769,752 468,975

1,635,700 1,300

12,000 8,730,018

0 (1,609,600)

(653,643 $1,719,879

32


December 31, 2008

CONTACTING MANAGEMENT

This financial report is designed to provide a general overview of the finances for all those with an interest. Questions concerning any of the infonnation provided in this report or requests for additional information should be addressed to the following address or submitted via the website.

Department of Finance, Accounting Division PO Drawer 5548

Thibodaux, LA 70302

Complete copies of this document can be found on the Lafourche Parish Government's website: www.lafourcheqov.orq/lafourchegov/Departments Finance.aspx and on the Louisiana Legislative Auditor's website: www.lla.state.la.us/audhome.htm.

33

http://www.lafourcheqov.orq/lafourchegov/Departments

http://www.lla.state.la.us/audhome.htm

I y { S E A l i % i

\ " /

34

Basic "Financial

Sfafemenfs

LAFOURCHE Jee£ in0 ct j u^ l i n^ ' 'A imr i ca

PARISH 'GOVERNMENT I

,oO< '^^,

'<.^^,!.^'ij^ O.

^ ^ 0 0 0 0 0 0 ' = *

LAFOURCHE PARISH GOVERNMENT Statement of Net Assets

December 31. 2008

ASSETS Cash Investments Rec;eivables Prepaids ar>d other assets Unamortized Bond issuance costs Capital Assets

Non-depreciable Depreciable

Total assets

UABILITIES Accounts payable and accrued expenses Other cun-ent liabilities Accrued Interest Payable Due to Otrier Governmental Units Long-term liabilities

Due within one year Due in more than one year

Total liabilities

NET ASSETS Invested in capital assets, net of related debt Restricted for:

Capital Projects Debt Service

Unrestricted (deficit) Total net assets

Governmental Activrties

$ 1,632,390 29,370,650 23,607,406 2,620,361 1,169,765

3,794,317 50,946,148

113,141,037

5,957,075 223,696 551,632 134,900

2,125,000 42,414,331 51,406,634

16,135,465

(251,575) 5,502,130

40,348,383 $ 61,734,403

Primary Govemment

Business Type

S

—

—

_$_

Activities

--

8,922 -

2,181,616 2,190.538

16,650 4,345

-203,109

--

224,104

2,181,616

--

(215,182) 1,966,434

Total

$ 1,632,390 29,370,650 23,616,328

2,620,361

3,794,317 53,127,764

114,161,810

5,973,725 228,041 551,632 338,009

2,125,000 42,414,331 51,630,738

18,317,081

(251,575) 5,502,130

40,133,201 $ 63,700,837

Statement A

Component Units

Total

$ 113,559,963 45,286,028 42,928,466 12,522,213

206,734,554 421,031,224

13,339,564 7,682,403

-188,272

1,994,710 51,363,622 74,568,571

176,312,552

2,612,588 2,446,248

165,092,265 $ 346,462,653

See notes to financial statements.

35

LAFOURCHE PARISH GOVERNMENT Statement of Activities

For the Year Ended December 31, 2008

statement B

Primary Government

Functions/Programs Expenses Charges for

Services

Operating Grants &

Contributions Capital Grants &

Contributions

Govemmental Activities: General Govemment Public Safety Public Works Health & Community Services Culture and Recreation Interest and Fiscal Charges

Total govemmental activities Business-Type Activities:

Sewer Total govemmental activities

Component Units (unauditied)

$ 7,558,377 1,790,173

32,625,303 6,666,685 1,912,127 1,197,251

51,749,916

306.355 $ 52,056,271 $ 149,496,462

$ 3,305,217

3,305,217

103,675

$ $

3,408,892

147,766,947

2.778.944

3,427,506

6.206,450

.

$ $

6.206,450

1,729,599

$ 545,740

8.530.204

9,075,944

.

$ $

9,075.944

-

See notes to finandal statements.

36

LAFOURCHE PARISH GOVERNMENT Statement of Activities


Primary Government

Net (Expense) Revenue


Business-Type Activities Total

Statement B

Component Units

Total

Governmental Activities: General Govemment Public Safety Public Works Health & Community Services Culture and Recreation Interest and Fiscal Charges

Total govemmental activities Business-Type Activities:

Sewer

Total govemmental activities

Component Units (unauditied)

(928,476) (1,790,173)

(24,095,099) (6,666.685) 1,515,379

(1,197,251)

(33,162,305)

(33,162,305)

(202,680)

(202,680)

(928,476) (1,790,173)

(24,095,099) (6,666,685) 1,515,379

(1,197,251)

(33,162,305)

(202,680) (33,364,985)

84

General revenues Taxes:

Ad Valorem Sales Other

Interest and investment eamings Grants not restricted to specific programs Other Total general revenues Changes in net assets Net assets, beginning of year

Net assets, end of year

15,011,699 10,975,535 2,707,663

717,034 9,071,853

743,687 39,227,471 6,065,166

55,669,237

$ 61,734,403

----

--

(202,680) 2,169,114

$ 1,966,434

15,011,699 10,975,535 2,707,663

717,034 9,071,853

743,687 39,227,471

5,862,486 57,838,351

$ 63,700,837 $

12,437,473 432,818

-5,775,797 1,297,923 (605,232)

19,338,779 19,338,863

327,123,790

346,462,653


37

LAFOURCHE PARISH GOVERNMENT Balance Sheet - Governmental Funds

December 31, 2008

ASSETS Cash and Cash Equivalents Investments Receivables Due fi-om Other Funds Other cunrent assets Prepaid Assets

TOTAL ASSETS

UABILITIES Accounts payable and accrued expenses Contracts and Retainages Payable Salaries and Benefits Payable Due to Other Funds Due to Other Governmental Units Other Current Liabilities

TOTAL LIABILITIES

FUND BALANCES Reserved for Debf Service Reserved for Capital Contracts Reserved for Prepaid Assets Unreserved Reported In:

General Fund Special Revenue Funds

TOTAL FUND BALANCES

TOTAL LIABILITIES AND FUND BALJ^NCES

$

_$_

$

001

General

1,442,021 2,295

1,977,742 11,553,870

25 919,618

15,895,571

1,418,862

-192,064

11,126,505 98,600 46,979

12,883,010

107

Solid Waste

$

$

$

595 5,303,408

---

5,304,003

880,076

-8,405

2,061,448

--

2,949,929

1

$

_$_

$

\Aa\or Funds 108

Royalty

. 1,505,431 1,096,704 6,022,061

--

8,624,196

.

-----

.

123

Civil Defense

$

$

$

684,265 2,930,773 2,572,666

2,329

-

6.190,033

682,134

-4,173

4.321,706

-102,088

5.110,101

Statement C

201 Construction Road Sales

Tax District 2

$ 9,998,451

----

$ 9,998,451

$ 429 323,342

-250.000

--

573,771

9,424,680 919,618

2.092,943

-3,012,561

$ 15,895,571 $

-

-2,354,074 2,354,074

5,304,003 $

-

-8,624,196 8,624,196

8,624,196 S

-

. 1,079,932 1,079,932

6,190,033

-

--

9,424,680

$ 9,998,451


38

Non-Major Funds Total

$ 185,464 16,347,689 12,267,065

2,780,972 1,429,464

-

$ 33,010,654

$ 968,468 1,057,617

357.381 5,125.097

36,300 74,629

7,619,492

5,502,130 (251,575)

-

_ 20,140,607 25,391,162

$ 33,010,654

$ 1,627,485 28,538,726 23,575,692 22,929,569

1,431,818 919,618

$ 79,022,908

$ 3,949,969 1,380,959

562,023 22,884,756

134,900 223,696

29,136,303

5,502,130 9,173,105

919,618

2,092,943 32,198,809 49,886,605

$ 79,022,908

LAFOURCHE PARISH GOVERNMENT Balance Sheet - Governmental Funds

December 31, 2008

Statement C


39

. • - - — * ^ ^ ,

(g S E A l ) l

v.. * . /

40

LAFOURCHE PARISH GOVERNMENT Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets

December 31, 2008

statement D

Total fund balance - govemmental funds S 49,886,605

Capital assets used in govemmental activities are not financial resources and therefore are not reported in the govemmental furxJs:

Cost of non-depreciable capital assets S 3,794,317 Cost of depreciable capital assets 147,298,478 Accumulated Depreciation (96,352,330)

54,740,465 The assets arxi liabilities of the vrorkers compensation intemal service fijnd are included in the govemmental activities in the statement of net assets. 1,028,531

Net accrued interest expense for bonds are not reported in the funds; Accnjed interest payable (551,632)

Bond issuance costs are reported as expenditures in the governmental funds. These costs, net of accumulated amortization are reconded as other assets in the statement of net assets.

Unamortized Bond Issuance Costs 1,169,765 Long-teim liabilities are not due and payable in the current period and therefore are not reported in the funds. Bonds Payable:

Due vflthin one year (2,125,000) Due in more than one year (36,480,000^

(38,605,000) Community Disaster Loan Payable (5,462,053) Compensated absences:

Due v nthin one year Due in more than one year (472,278)

(472,278)

Net assets - govemmental activities $ 61,734,403


41

LAFOURCHE PARISH GOVERNMENT Statement of Revenues, Expenditures, and Changes in Fund Balances

Governmental Funds For the Year Ended December 31, 2008

REVENUES

Taxes:

Ad Valorem

Sales

Other

Intergovernmental fi"om:

Federal Govemment

State Govemment

Local Govemment

Charges for Services

Fines and Forfeitures

Investment Income

Other

Total Revenues

EXPENDITURES

Current:

General Govemment

Public Safety

Public Worths

Community Services

Culture and Recreation

Capital Outlay

Debt Service

Principal

Interest

Total Expenditures

EXCESS (DEFICIENCY) OF REVENUES

OVER EXPENDITURES

OTHER FINANCING SOURCES (USES)

Issuance of long term debt

Transfers In

Transfers Out

Total otf>er financing sources (uses)


AND OTHER SOURCES OVER

EXPENDITURES AND OTHER USES FUND BALANCES - BEGINNING OF YEAR

FUND BALANCES - END OF YEAR

001

General

$ 1,471,973

-2,707,663

-775,225

15,000

2,041,178

43,977

12,636

117,482

7,185,134

5,375,510

1,777,290

476,197

172,555

-5,175

--

7,806,727

(621,593)

-1,123,629

(576,270)

547,359

(74,234)

3,086,795 $ 3,012,561

107

Solid Waste

$ 7,223,931

-

5,014,009

--

1,470

-63,335

-12,302,745

--

12,395,613

---

--

12,395,613

(92,868)

-66,034

(16,660)

49,374

(43,494)

2.397,568

$ 2,354,074

Major Funds 108

Royalty

S --

-6,792,223

---

106,498

-6,898,721

------

---

6,898,721

-1,370,890

(5,463,344)

(4,092,454)

2,806,267

5,817,929

$ 8,624,196

Statement E

123

Civil Defense

$ --

2,463,829

169,508

---

13,199

301,015

2,947,551

--

2,067,978

--

30,208

--

2,098,186

849,365

-30,000

(66,034)

(36.034)

813,331

266,601 $ 1,079,932


42

LAFOURCHE PARISH GOVERNMENT Statement of Revenues, Expenditures, and Changes in Fund Balances

Governmental Funds For the Year Ended December 31, 2008

Statement E

201 Construction

Road Sales Tax District 2

$ --

. ----

97,147

-97,147

Non-Major Funds

$ 13,539,726 3,751,604

-

5,025,612 1,836,271

814,656 152,807

1,065,785 424,219

1,485,504 28,096,184

Total

$ 15,011,699 10,975,535 2,707,663

12,503,450 9,573,227

829,656 2,195,455 1,109,762

717,034 1,904,001

57,527,482

1,989,202

1,585,792

10,971,653 6,257,821 1,779,459 6,832,742

6,961,302 1,777,290

27,900,643 6,430,376 1,779,459 6,868,125

386,804 2.376.006

3,965,000 1,256,609

32,649,076

3,965,000 1,643,413

57,325,608

(2,278,859)

10,000,000

(393,750) 9,606,250

(4,552,892)

15,278,446 (11,352,941)

3,925,505

201,874

10,000,000 17,868,999

(17,868,999) 10,000,000

7,327,391 2,097,289

(627,387) 26,018,549

10,201,874 39,684,731

$ 9,424,680 $ 25,391,162 $ 49,886,605


43

LAFOURCHE PARISH GOVERNMENT Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balance to the Statement of Activities


Net changes in fijnd balances - govemmental ftjnds

Amounts reported for governmental activities in the statement of activities different because:

Statement F

$ 10,201,874

Govemmental funds report capital outlays as expenditures, however, in the statement of activities, the cost of those assets is depreciated over their estimated usefijl lives.

Capital outlay Capital outlay included in public wrorks Cunrent year depreciation included in:

General Govemment Public Safety Public Worths Health & Community Culture & Recreation

Gain on disposed assets Adjustments to capital assets

Repayment of debt principal is an expenditure in the govemmental funds, but the repayment reduces long-temi liabilities in the govemment-wide financiai statements:

Bond principal payments Capital lease payments

Proceeds of long-tenn debt recorded as an other financing source for govemmental funds is not recorded in the statement of activities.

(369,146) (12,883)

(5,942,941) (236,309) (132,668)

6,868,125 1,477,389

(6,693,947) (4,103)

(223,826)

3,965,000 74.711

1,423,638

4,039,711

(10,000,000)

Some expenses reported in the statement of activities do not require current financial resources and therefore are not reported as expenditures in govemmental funds:

Change in long-term compensated absences Change in accrued interest payable Amortization of bond debt issuance costs Bond issue Costs incun-ed

The net revenue of the intemal service fund is included in govemmental activities in the statement of net assets.

Change in net assets of govemmental activities

8,754 32,068

(56,169) 386,798

371,451

28,491

$ 6,065,166


44

LAFOURCHE PARISH GOVERNMENT Statement of Net Assets - Proprietary Funds

December 31, 2008

statement G

ASSETS Cument assets:

Cash and cash equivalents Cash vj\th Fiscal Agent Investments Receivables Due from Other Funds Prepaid expense

Total Enterpnse

Funds

8,922

601

Intemal Service Fund

4,905 831,924

31,714 158,324 65.816

Total cun-ent assets Noncurrent assets:

Capital Assets Property. Plant and Equipment Accumulated Depreciation

Total Capital Assets

Total assets

LIABILITIES Cun-ent liabilities:

Accounts Payable Salaries and Benefits Payable Claims Payable Due to Other Funds

Total cunrent liabilities

NET ASSETS Invested in capital assets, r>et of related debt Unrestricted (deficit)

Total Fund Equity

Total Liabilities and Fund Equities

8,922

4,204,246 (2,022,630) 2,181,616

$ 2,190,538

$ 16,650 4,345

-203,109

224,104

2,181,616 (215,182)

1,966.434

$ 2,190,538

1,092,683

---

$ 1,092,683

$ 11,500 1,076

51,548 28

64,152

-1,028,531 1,028,531

$ 1,092,683


45

LAFOURCHE PARISH GOVERNMENT Statement of Revenues, Expenses, and Changes in Net Assets

Proprietary Funds For the Year Ended December 3 1 , 2008

statement H

601

OPERATING REVENUES Charges for Insurance Charges for Service

Total Operating Revenues

OPERATING EXPENSES Personal services Professional services Operating services Other services Supplies Depreciation

Total expenses

Operating Income (Loss)

NON-OPERATING REVENUES Investment Income Other

Total Non-Operating Revenues

Total Enterprise

Funds

$ 103,675

103,675

-14,502

114,365 5,414

54 172,020

306,355

(202,680)

-


$ 480,467

-

480,467

82,834 18,616

-370,640

--

472,090

8,377

20,114

-

20,114

CHANGES IN NET ASSETS

NET ASSETS:

BEGINNING OF YEAR

END OF YEAR

(202,680)

2,169,114

28,491

1,000,040

$ 1,966,434 $ 1,028,531


46

LAFOURCHE PARISH GOVERNMENT Statement of Cash Flows

Proprietary Funds For the Year Ended December 31, 2008

Statement


601 Total

Enterprise Funds


CASH FLOWS FROM OPERATING ACTIVITIES

Cash Received from Customers

Cash received for Premiums

Cash payments to employees for services and benefits

Cash Payments for Operating Costs

104,043

(104,043)

501,409

(83,591)

(396,737)

Net Cash Provided by (Used in) Operating Activities 21,081

CASH FLOWS FROM INVESTING ACTIVITIES

Investment Income and Maturities 20.114

Net Cash Provided by Investing Activities

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

20,114

41,195

CASH AND CASH EQUIVALENTS:

BEGINNING OF YEAR

END OF YEAR

795,634

$ 836,829

RECONCILIATION OF OPERATING LOSS TO NET CASH

PROVIDED BY (USED IN) OPERATING ACTIVITIES:

Operating Income (Loss)

Adjustments to Reconcile Operating Income (Loss) to

Net Cash Provided by (Used in) Operating Activities

Depreciation

(Increase) Decrease in Assets:

Receivables

Prepaid Expense

Due from Other Funds

Increase (Decrease) in Liabilities:

Claims Payable

Accounts and Other Payables

Salaries and Benefits Payable

Due to Other Funds

(202,680) 8,377

172,020

368

--

-(8,686)

(646)

39,624

-

30,206 (44,714)

47,794

(9,264)

(10,528)

(757)

(33)

Net Cash Provided by (Used In) Operating Activities 21,081

47

LAFOURCHE PARISH GOVERNMENT Statement of Net Assets - Discretely Presented Component Units

December 31, 2008

ASSETS Cash Investments Receivables Other cun-ent assets Capital Assets, net of depreciation

Total Assets

Bayou Blue Fire Protection

District

$ 205,465 119,998 331,702

7,530 522,203

$ 1,186,898 — —

Fire Protection District No. 1

$

S

390,890 -

362,075 4,108

1,294,018

2,051,091

Fire Protection District No. 3

$

$

5,042,430 -

101,089 135,997

2,823,070

8,102,586

Statement J

Hospital Service District

$

_L

No. l

335,688 5,117,197 5,850,575 2,895,296 8,863,504

23,062,260

LIABILITIES AND FUND BALANCES

LIABILITIES Accounts, salaries and other payables Due to other govemmental units Deferred revenues Other liabilities Long-term Liabilities:

Due writhin one year Due in more than one year

Total Liabilities

939

331,570 4,310

66,354 63,558

466,731

362,074 3,230

32,000 223,000

620,304

132,924 2,182.119

395,627

145,000 7.083.635

132,924 9.806.381


Customer Deposits Capital Projects Debt Service

Unrestricted Total Net Assets

Total Liabilities and Fund Balances

392,291

327,876 720,167

1,035,788

96,337 298,662

1,430,787

$ 2,051,091

2,823,070

-5,146,592 7,969,662

$ 8,102,586

6,108,505

1,459,613

-5.687.761

13,255,879

$ 23,062,260

(continued)


48


December 31, 2008

Statement J

ASSETS Cash Investments Receivables Other current assets Capital Assets, net of depreciation

Hospital Service District

No .2

$ 159,157

504,903

7,197,933

718,753

2,889,185

Hospital

Service District

$

No. 3

90,587,938

690,183

16,309,234

3,963,654

109,508,497

Home

Mortgage

Authori ty

$ 149,860

5,063,761

23,642

27,394

-

Housing

Author i ty

$ 6,497,887

-8,769,877

213,675

10,972,541

Total Assets


$ 11,469,931 $ 221,059,506 $ 5,264,657 S 26,453,980


Due within one year Due in more than one year

Total Liabilities

5.839

5,839

9.476,838 $ 84,338

--

--

9.476,838

--

-3,451,459

3,451,459

20,927

167,810

81,356

^2,685,683

13,040,114





2,889,186 109.508,497 2.476,855

-8,574,906

11,464,092

$ 11,469,931

-102,074,171

211,582,668

$ 221,059,506 S

227,532

1,585,666

1,813,198

5,264,657

730,710

10,206,301

13,413,866

$ 26,453,980

(continued)


49


December 31, 2008

Statement J

3 Cash Investments Receivables Other cun'ent assets Capital Assets, net of depreciation

Total Assets

Juvenile Justice

Commission

$

—

_$_

731,593 600,000 32,390

140,402 1,397,286

2,901,671

Communications

$

_$_

District

3,508,152

-142,829 55,906

502,385

4,209,272

Lafourche Parish Library

$ 91,945 9,750,365

570,355 3,228,711 7,921,350

$ 21,562,726

Water District

$

$

No. l

4,893,774 21,246,323 1,756,932

782,989 58.861,126

87,541,144



Due wfithin one year Due in more than one year

Total Liabilities

$ 127,872 $

-798,672

-

. 90,202

1,016,746

22,048

---

95.000 850,000

967,048

$ 300,398 188,272

3,778,663 11,539

. -

4,278.872

$ 853,053

--

1,534.254

1,575,000 26,916,085

30,878.392

NET ASSETS Invested in capital assets, net of related debt Restricted for



1,397,286

487,639

215,692

3,026,532

7,921.350

9,362,504 1,884,925 3,242,224 17,283,854

40,364,643

1,152,975 1,390,669

13,754,465 56,662,752

Total Liabilities and Fund Balances $ 2,901,671 $ 4,209,272 $ 21,562,726 $ 87,541,144


(continued)

50


December 31, 2008

Statement J

ASSETS

Cash

Investments

Receivables

Other cun-ent assets

Capital Assets, net of depreciation

Total Assets

Drainage

District No. 1

$

J_

96,219

1,072,121

32,101

254,847

-

1,455,288

Tourist

Commission

$

$

189,212

596,697

-57,754

362,488

1,206,151

Ambulance

Service District

No. l

$ 679,753

524,480

1.447,732

35,197

816,901

$ 3,504,063

$

_$_

Total

113,559,963

45,286,028

42,928,466

12,522,213

206,734,554

421,031,224


UABILITIES

Accounts, salaries and other payables

Due to other govemmental units

Defemed revenues

Other liabilities

Long-term Liabilities:

Due within one year

Due in more than one year

Total Liabilities

S 75 $ 23,945 $ 129,176

273,727

273,802 23,945 129,176

13,339,564

188,272

5,565,633

2,116,770

1,994,710

51,363,622

74,568,571

NET ASSETS

Invested in capital assets, net of related debt

Restricted for.

Customer Deposits

Capital Projects

Debt Service

Unrestricted

Total Net Assets

1,1S1,4S6

362,488

819,718

816,901

2,557,986

1,181,486 1.182,206 3,374,887

176,312,552

2,612,588

2,445,248

165.092,265

346,462,653

Total Liabilities and Fund Balances $ 1,455,288 $ 1,206,151 $ 3,504,063 $ 421,031,224


51

LAFOURCHE PARISH GOVERNMENT Statement of Activities - Discretely Presented Component Units


Statement K

EXPENSES

PROGRAM REVENUES Charges for services Operating grants and contributions

Capital grants and contributions

Total program revenues

NET (EXPENSE)REVENUE

GENERAL REVENUES

Taxes: Ad valorem taxes Sales and use taxes

Intergovernmental from: Federal Govemment State of LA Local Govemments

Interest and investment eamings Miscellaneous

Total general revenues

Bayou Blue Hospital Fire Protection Fire Protection Fire Protection Service District

District District No. 1 District No. 3 No. 1

243,545 $ 380,810 $ 2,153,168 $ 29,058,594

24,940

24.940

(218,605)

246,235

12,580 10,000

3,649 79.583

352,047

26,534 52,278

78,812

(301,998)

-

.

(2,153,168)

28,471,963

28,471,963

(586,631)

373,458

10,062

2,559,551 1,259,474

383,520

10,011 22,948

112,880 166,990

2,872,380

--

260,931 (245,654)

1,274,751


NET ASSETS BEGINNING OF YEAR

NET ASSETS END OF YEAR

133,442

586,725

81,522

1,349,265

719,212

7,250,450

688,120

12,567,759

$ 720.167 $ 1,430.787 $ 7,969.662 $ 13,255,879

(continued)


52



Hospital Hospital Service District Service District

No. 2 No. 3

EXPENSES

PROGRAM REVENUES Charges for services Operating grants and contnbutions

Capital grants and contnbutions


NET (EXPENSE) REVENUE

GENERAL REVENUES








Statement K

Home Mortgage Authority

Housing Authority

$ 330,989 $ 95,851,845

160,105

160,105

(170,884)

136,593

103,661.593

103,661,593

7,809,748

253,067

-

389,660

218,776

11,245,316

$ 11.464,092

3,279,749 188,157

3,467,906

11,277,654

200.305,014

$ 211,582,668

298,648 $ 3,137,516

1,461,300 1,610,013

3,071,313

(298,648) (66,203)

234,046 272,168 (192,695)

234,046 79,473

(64,602) 13.270

1,877.800 13,400,596

(continued)


53


For the Year Ended December 31. 2008

statement K

EXPENSES




NET(EXPENSE) REVENUE

GENERAL REVENUES


Intergovemmental from: Federal Govemment State of LA Local Govemments






Juvenile Justice Communications Lafourche Water District

Commission District Parish Library No. 1

$ 2,727,698 $

1,547,325

715,033 $ 2,922,638 $ 9,119,926

3,065

3,065

(2,724,633)

1,019,048

1,019,048

304,015

21,689 67,308

88,997

(2,833,641)

11,524,958

11,524,958

2,405,032

1,609,003

1,029,266

33,484 20,324

2,630,399

(94,234)

1,979,159

$ 1,884,925 $

-

48,172 (50,843)

(2.671)

301,344

2,940,880

3,242,224 I

110,151

300,609

-

3,756,644

923,003

16,360,851

$ 17,283,854

53,310

860,431 (571,617)

1,951.127

4,356,159

52,306,593

$ 56.662,752

(continued)


54



Statement K

EXPENSES




NET(EXPENSE) REVENUE

GENERAL REVENUES


Intergovemmental fi'om: Federal Govemment State of LA Local Govemments


Total ger>eral revenues




Ambulance Drainage Tourist Service District

District No. 1 Commission No. 1

$ 74,046 $ 367,019 $ 2,114,987

1,391,752

(74,046) (367,019)

1,391.752

(723,235)

Total

$ 149,496,462

147,766,947 1,729,599

149,496,546

84

215,884

-

_ 15,887

-46,266

-

278,037

203,991

977,495

-432,818

_ 12,940

-14,758

523

461,039

94,020

1,088,186

1,144,066

-

. 10,768

-55,587

-

1,210,421

487,186

2,887,701

$ 1,181,486 $ 1,182,206 $ 3,374,887

12,437,473 432,818

10,011 1,277,912

10,000 5.775,797 (605,232)

19,338,779

19,338,863

327,123,790

$ 346,462.653


55

i ^ SEAL ISj

56

y\)ofes fo fne

Financial Sfafe^nenfs

LAFOURCHE f^eiftn^ ^ ju^Ci n0 America

PARISH GOVERNMENT

CP

(fl U) ^

sr o CD T l

13

n 0)'

- O O O O ^ k o ^

' i t a <»«><»•'=***

LAFOURCHE PARISH GOVERNMENT NOTES TO THE FINANCIAL STATEMENTS

December 31, 2008

INTRODUCTION

The Lafourche Parish Council (the Parish) is the governing authority for Lafourche Parish and is a political subdivision of the State of Louisiana. Nine council members represent the various districts W\{h'm the parish. The Parish President, elected by the voters is the chief executive officer and is responsible for carrying out the policies adopted and for administration of all departments, offices, and agencies.

As provided by Article HI of the Home Rule Charter, the Parish has all powers, functions, privileges, immunities, and authority previously possessed under LA Revised Statue 33:1236. The more notable of those are the power to make regulations for its own government; to regulate the construction and maintenance of roads, bridges, and drainage systems; to regulate the sale of alcoholic beverages; and to provide for the health and welfare of the poor, disadvantaged, and unemployed in the parish. Funding to accomplish these tasks is provided by ad valorem taxes, beer and alcoholic beverage permits, state revenue sharing, and various other state and federal grants.

The more significant of the Parish's accounting policies are described in these notes to the financial statements.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A. BASIS OF PRESENTATION

The accompanying financial statements of Parish have been prepared in conformity with accounting principles (GAAP) generally accepted in the United States of America as applied to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard setting body for establishing governmental accounting and financial reporting principles. In the government-wide financial statements (GWFS) and the fund financial statements (FFS) for proprietary funds, Financial Accounting Standards Board (FASB) pronouncements and Accounting Principles Board (APB) opinions issued on or before November 30, 1989, have been applied unless those pronouncements conflict with or contradict GASB Pronouncements, in which case, GASB prevails. For enterprise funds, GASB Statements Nos. 20 and 34 provide the Pansh the option of electing to apply FASB pronouncements issued after November 30, 1989. The Pansh has elected not to apply those pronouncements.

B. REPORTING ENTITY

As the governing authority of the parish, for reporting purposes, the Lafourche Parish Government is the financial reporting entity for Lafourche Parish. The financial reporting entity consists of (a) the primary government, (b) organizations for which the primary government is financially accountable, and (c) other organizations for which nature and significance of their relationship with the primary government are such that exclusion would cause the reporting entity's financial statements to be misleading or incomplete.

57

LAFOURCHE PARISH GOVERNMENT NOTES TO THE FINANCIAL STATEMENTS (continued)

December 31, 2008

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

B. REPORTING ENTITY (continued)

GASB Statement No. 14 established criteria for detemiining which component units should be considered part of the Pansh for financial reporting purposes. The basic criterion for including a potential component unit within the reporting entity is financial accountability. The GASB has set forth criteria to be considered in determining financial accountability. This critenon includes:

1. Legal status of the potential component unit including the right to incur its own debt, levy its own taxes and charges, expropriate property in its own name, sue and be sued, and the right to buy, sell and lease property in its own name.

2. Whether the governing authority appoints a voting majority but is fiscally dependent.

3. Imposition of will by the Parish on the potential component unit.

4. Organizations for which the reporting entity financial statements would be misleading if data of the organization is not included because of the nature or significance of the relationship.

Discretely Presented Component Units

The component unit columns in the GWFS include the audited financial data of the component units presented as of and for the year ended December 31, 2008 unless otherwise noted. They are reported in a separate column to emphasize that they are legally separate from the Parish.

There are a number of special districts located in the Parish that each provides services to a limited number of Parish citizens. The Parish appoints all board members of these districts, can remove appointed members of the boards at will and has a financial benefit/burden or dependency relationship with the special district. Therefore the Parish can impose its will on these districts. While these districts are responsible for obtaining voter approval for the levy of taxes or debt issuance, all related LA State Bond Commission approvals must be obtained through the Parish.

58


December 31, 2008


B. REPORTING ENTITY (continued)

Based on the previous criteria, the Parish has determined that the following component units are part of the reporting entity:

Component Unit

Bayou Blue Fire Protection District Fire Protection District No. 1 Fire Protection District No. 3 Hospital Service District No. 1 Hospital Service District No. 2 Hospital Service District No. 3

] Home Mortgage Authority j Housing Authority of Lafourche Parish I Juvenile Justice Commission

Lafourche Communication District Lafourche Parish Library Lafourche Parish Water District No. 1 Ambulance Service District No. 1 Lafourche Parish Gravity Drainage District No. 1 Lafourche Parish Tourist Commission

!?fe^^(SgI?IlAli)

'^l

^

Complete separate financial statements for all component units may be obtained online from the Louisiana Legislative Auditor's website: http://www.lla.state.la.us.

C. BASIS OF ACCOUNTING

The basic financial statements consist of the GWFS on all of the non-fiduciary activities of the primary government and its non-fiduciary component units and the FFS (individual major fund and combined non-major funds).

Government-Wide Financial Statements (GWFS)

The GWFS (the Statement of Net Assets and the Statement of Activities) report information on all of the non-fiduciary activities of the primary government and its component units. For the most part, the effect of interfund activity has been removed from these statements. The GWFS focus is primarily on the sustainability of the Parish and the change in aggregate financial position resulting from the activities ofthe fiscal period.

Governmental Activities represent programs, which normally are supported by taxes and intergovernmental revenues.

Business-Type Activities are financed in whole or in part by fees charged to external parties for goods and services.

59

http://www.lla.state.la.us


December 31, 2008


C. BASIS OF ACCOUNTING (continued)

The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Indirect costs are not allocated by function for financial reporting in this statement; however, certain indirect costs have been directly allocated as administrative fees to grants and fund programs.

Program revenue includes: • Charges for to customers or applicants who purchase, use or directly benefit from goods,

services, or privileges provided by a given function or segment, and • Grants and contributions that is restricted to meeting the operational or capital

requirements of a particular function or segment.

Taxes and other items not properly included among program revenues are reported instead as general revenues. This includes internally dedicated resources such as a restricted property tax.

Fund Financial Statements (FFS)

The FFS are very similar to the traditional government fund statements as presented by governments prior to the issuance of the GASB Statement No. 34. Emphasis is now on the major funds in either the governmental or business-type categories. Non-major funds (by category) or fund type are summarized into a single column.

The Parish uses funds to report on its financial position and the results of its operations. Fund accounting is designed to demonstrate legal compliance and to aid financial management by segregating transactions relating to certain government functions or activities.

A fund is a separate accounting entity with a self-balancing set of accounts. Government resources are allocated to and accounted for in individual funds based on the purpose for which they are to be spent and the means by which spending activities are controlled. The various funds ofthe primary government are grouped into generic fund types and three broad fund categories.

The fund classifications and a description of each existing fund type follow:

Governmental Funds

Governmental funds are used to account for all or most of the governmental activities, including the collection and disbursement of specific or legally restricted monies, the acquisition or construction of capital assets, and the servicing of general long-term debt. Major governmental funds include:

1. 001 - General Fund - the general operating fund of the Parish and accounts for all financial resources, except those required to be accounted for in other funds. The General Fund is always a major fund.

2. Special revenue funds-account for the proceeds of specific revenue sources (other than major capital projects) that are legally restricted to expenditures for specified purposes. Special Revenue Funds reported the following funds as major funds:

60


December 31, 2008

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)


• 107 • Solid Waste Fund - is a special revenue fund that accounts for the implementation of a parish-wide system for the collection and disposal of solid waste. Revenue is provided by a parish-wide sales and use tax, service charges and sanitation fees.

• 108 - Royalty Fund - is a special revenue fund that finances any projects deemed necessary. Revenue is received from state and mineral royalties granted.

• 123 - Civil Defense Fund - is a special revenue fund that assists in the development, maintenance and improvement of the State and other local government who respond to disasters and emergencies that may result from nature and/or accidents. Most of the funding is granted from Federal grants and loans.

3. Debt service funds-account for the accumulation of resources for and the payment of principal and interest long-tenn debt principal, interest and related costs. There are no debt service funds reported as a major fund.

4. Capital projects funds-account for financial resources received and used for the acquisition, construction, or improvement of capital facilities not reported in the other governmental funds. The capital project fund reported as a major fund is:

• 201 - Road Sales Tax District 2 Construct ion- The Road Sales Tax District No. 2 Construction Fund accounts for the projects for constructing, improving, maintaining, and resurfacing public roads in this district The tax funding this capital project fund is also authorized to pay incidental drainage costs associated with the road projects and to pay bonded debt incurred from time to time for such capital projects.

Proprietary Funds

Proprietary funds are used to account for activities similar to those found in the private sector, where the detennination of net income is necessary or useful to sound financial administration. Proprietary funds differ from governmental funds in that their focus is on income measurement, which, together with the maintenance of equity, is an important financial indicator. Proprietary funds include:

Enterprise funds-account for operations (a) where the intent of the governing body is that the costs (expenses, including depreciation) of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges, or (b) where the governing body has decided that periodic determination of revenues earned, expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control, accountability, or other purposes.

61


December 31, 2008



Intemal service funds-account for the financing of goods or services provided by one department to other departments or governments on a cost-reimbursement basis.

D. MEASUREMENT FOCUS

The accounting and financial reporting treatment applied to a fund is determined by its measurement focus.

Government-wide Financial Statements (GWFS)

The GWFS are reported using the economic resources measurement focus and the accnjal basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes and the related state revenue sharing are recognized in the year for which they are levied. Ad valorem tax adjustments and deductions are recognized as expenses for the year in which the related property tax revenue is recognized.

Fund Financial Statements (FFS)

All governmental funds and expendable trust funds are accounted for using a current financial resources measurement focus. With this measurement focus, only current assets and current liabilities are generally included on the balance sheet. Operating statements of these funds present increases and decreases in net current assets. The modified accrual basis of accounting is used by all govemmental funds, expendable trust funds, and agency funds. The governmental funds and expendable trust funds use the following practices in recording revenues and expenditures:

Revenues - those resulting from exchange transactions are recognized in the fiscal year in which the exchange takes place and meets the availability criteria (susceptible to accrual). Available means that the resources will be collected within the current fiscal year or are expected to be collected soon enough thereafter to be used to pay liabilities of the current fiscal year. Charges for services, fines and forfeitures, and most miscellaneous revenues, including investment earnings are recorded as earned since they are measurable and available. The Parish definition of available means expected to be received within sixty days of the end of the fiscal year except for FEMA reimbursements for which the period is six months.

Non-exchange transactions, in which the Parish receives value without directly giving value in return, included sales tax, property tax, special assessments, grants, entitlements, and donations. Sales and use taxes are considered "measurable" when the underlying transaction occurs and meets the availability criteria. Sales and use tax revenues are recorded in the month collected by the Lafourche Parish School Board, which is tax collecting agency for the Parish.

62


December 31, 2008


D. MEASUREMENT FOCUS (continued)

Ad valorem taxes and the related state revenue sharing are recorded in the year the taxes are due and payable. Ad valorem taxes, which are assessed on a calendar year basis, become due on November 15 of each year and become delinquent on December 31. In applying the susceptible to accrual concept to intergovernmental revenues, the legal and contractual requirements of the numerous individual programs are used as guidance. There are, however, essentially two types of these revenues. In one, monies must be expended on the specific purpose of project before any amounts will be paid to the Parish; therefore, revenues are recognized based upon the expenditures recorded. In the other, monies are virtually unrestricted as to purpose of expenditure and are usually revocable only for failure to comply with prescribed compliance requirements.

These resources are reflected as revenues at the time of receipt or eariier if the susceptible to accrual criteria are met.

Interest income on investments is recorded when earned. At the time of levy, a special assessment receivable is recognized and is offset by deferred revenues. As the assessment becomes measurable and available, deferred revenues are reduced and the revenue is recognized. In addition, interest earned on special assessments is accrued when due, rather than when earned, because it approximately offsets the related interest expenditures that is also recognized when due. Substantially all other revenues are recorded when they become available.

Expenditures - are recognized in the accounting period in which the related fund liability is incurred, if measurable, except for the following:

• Principal and interest on long-term debt are recorded when due, and • Claims and judgments, group health claims and compensated absences are

recorded as expenditures in the governmental fund type when paid with expendable available financial resources.

Allocations of cost such as depreciation and amortization are not recognized in the governmental funds.

All proprietary funds and non-expendable trust funds are accounted for on a flow of economic resources measurement focus and a determination of net income and capital maintenance. With this measurement focus, all assets and all liabilities associated with the operation of these funds are included on the balance sheet. The proprietary funds and non-expendable trust funds use the accrual basis of accounting. Revenues are recognized when earned, and expenses are recognized at the time liabilities are incurred.

63


December 31, 2008


E. BUDGETARY INFORMATION

The Parish President prepares a comprehensive operating budget on the modified accrual basis of accounting consistent with generally accepted accounting principles. Ninety days prior to the beginning of each fiscal year, the Parish President is required to submit a budget to the Council for approval.

The Parish employs formal budgetary integration and interim budget reporting practices. Budgeted amounts included in the accompanying financial statements include the original budget amounts and all subsequent amendments to get to the final budget. The Parish President is authorized to transfer amounts between budgeted line items within any fund or department. However, any unfavorable variance of revenues or expenditures of five percent or more within a fund must be presented to the Parish Council for action to amend fund budgets. Unexpended appropriations lapse at year-end.

The Parish uses encumbrance accounting under which purchase orders, contracts, and other commitments are recorded.

F. CASH AND CASH EQUIVALENTS AND INVESTMENTS

Cash includes amounts in petty cash, demand deposits, interest-bearing demand deposits, money market accounts, and cash with the state treasury. Cash equivalents include amounts in time deposits and those investments with original maturities of 90 days or less. Under state law, the Parish may deposit funds in demand deposits, interest-bearing demand deposits, or time deposits with state banks organized under Louisiana law or any other state of the United States, or under the laws of the United States.

Investments are limited by R.S. 33:2955, bond covenants and the Parish's investment policy. If the original maturities of investments exceed 90 days, they are classified as investments; however, if the original maturities are 90 days or less, they are classified as cash equivalents.

Investments are reported at fair value except for: • Short-term and money market investments, consisting primarily of US Treasury

obligations with a maturity of one year or less at time of purchase, which are reported at cost, which approximates fair value, and

• The Louisiana Asset Management Pool (LAMP), which is a local government 2a7-like pool administered by a non-profit corporation organized under Stat of LA law, which is permitted to be carried at amortized cost.

All investments are traded in a national or international exchange and are valued at the last reported sales price at current exchange rates. There are no investments without an established market. Unrealized gains and losses on investments recorded at fair value are included in investment income.

64


December 31, 2008


G. INTERFUND TRANSACTIONS

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. Short-term interfund loans are classified as interfund receivables/payables. In the financial statements, interfund activity is reported as either loans or transfers. Loans between funds are reported as interfund receivables (due from) and payables (due to) as appropriate.

Transfers represent a permanent reallocation of resources between funds. In other words, they are not expected to be paid back. For reporting purposes, all interfund transactions between individual governmental funds have been eliminated in the GWFS. Any residual balances outstanding between the governmental activities and the business-type activities are reported in the GWFS as "internal balances". All interfund transfers are reported as operating transfers.

LA Revised Statute 15:571.11 requires that one-half of any balance remaining in the Criminal Court Fund at year end must be transferred to the Parish General Fund. The Parish accordingly has made the required transfer.

H. PREPAID ITEMS

Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both GWFS and FFS.

I. BOND ISSUANCE COSTS

In the GWFS long-term obligations are reported as liabilities in the applicable governmental activities. Issuance costs are deferred and amortized over the life of the bonds, using the straight-line method.

In the FFS governmental fund types recognize bond issuance costs during the current period. Issuance costs are reported as expenditures.

J. CAPITAL ASSETS

Capital assets are reported in the applicable govemmental or business-type activities columns in the GWFS, which include land, buildings and improvements, equipment, and infrastructure assets (streets, roads, bridges, canals, and sewer and drainage systems). Capital assets are defined by the government as assets with an initial individual cost of more than $5,000 are recorded at historical cost or estimated historical cost, if actual historical cost is not available. Donated assets are valued at estimated market value on the date of donation.

The cost of a capital asset includes ancillary charges necessary to place the asset into its intended location and condition for use. The costs of normal maintenance and repairs that do not add value to the asset or materially extend its useful life are not capitalized. Improvements are capitalized over the remaining useful life of the asset. Major outlays for capital assets and improvements are capitalized as projects at completion of construction. At this point the project costs are moved out of construction-in-progress and capitalized. Interest incurred during the construction phase of capital assets of business-type activities is included as part of the capitalization value of the assets constructed. The Parish did not capitalize any interest costs during the period. Capital assets are depreciated using the straight-line method over the following estimated useful lives:

65


December 31, 2008


J. CAPITAL ASSETS (continued)

TYPE OF ASSET

Land

Building & Improvements

Bridges

Roads

Equipment

Furniture

YEARS

n/a

10-40

30-70

7

3-10

5-7

K. COMPENSATED ABSENCES

The Parish accrues compensated absences only to the extent it is probably that the employer will compensate employees for benefits through cash payments conditioned on the employees' termination or retirement. The Parish has recorded liabilities for accumulated vacation, sick leave and compensatory time as follows:

VA CA TION/SICK LEA VE POLICY:

Employees may earn between 5 to 17 days of both vacation and sick leave each year dependent upon their number of years of service. Four weeks of vacation and 18 weeks of sick leave may be carried fonward from one plan year to the next. Vacation leave may be accumulated and paid at separation of employment to a maximum of 20 days. However, all accumulated sick leave lapse at separation of employment.

COMPENSATORY LEAVE POLICY:

It is the policy of Lafourche Parish Government to allow employees to earn Compensatory Leave for time worked above their normal schedule in a work week. Compensatory leave is leave time earned in lieu of cash payment at the straight-time or time and one-half as compensation for overtime worked. Employees in positions that are designated as "Non-Exempt" are eligible to earn compensatory leave on an hour for hour basis for hours worked over 35 hours and up to 40 hours in a work week. Non-exempt employees who work over 40 hours in a work week will earn compensatory time at a rate of one and one-half hours for every overtime hour worked. Upon separation or termination from Lafourche Parish Government, unused compensatory leave earned by non-exempt employees shall be paid at the employee's regular pay rate. Upon separation or termination from Lafourche Parish Government, all unused compensatory leave earned by exempt employees shall be cancelled.

L. LONG-TERM DEBT

In the GWFS long term debt and other long-term obligations are reported as liabilities. Long-term liabilities for governmental funds are not reported as liabilities in the FFS. Debt proceeds are reported as other financing sources and payment of principal, interest and other long-term benefits are reported as expenditures.

66


December 31, 2008


M. FUND EQUITY

Net Assets - GWFS

Net assets represent the difference between assets and liabilities. Equity is classified as net assets and displayed in three components:

• Net assets invested in capital assets, net of related debt consists of capital assets, net of accumulated depreciation, reduced by the outstanding balance of any debt proceeds used for the acquisition, construction, or improvements of those assets.

• Net assets are reported as restricted when there are limitations imposed on their use by external parties such as creditors, grantors, laws or regulations of other governments.

• Unrestricted net assets are all other net assets that do not meet the definition ofthe other two categories.

When both restricted and unrestricted resources are available for use, it is the policy to use restricted resources first, and then unrestricted resources as they are needed.

Fund Balances - FFS

In the FFS governmental fund equity is classified as fund balance. Fund balance is further classified as reserved and unreserved, with unreserved further split between designated and undesignated.

Reserves of fund balance represent those portions of fund equity not appropriable for expenditure or legally segregated for a specific future use. Some portions of fund balance in the govemmental fund types are reserved to indicate that a portion of equity:

• Reserved for Debt Service represents funds that can be used only for repayment of debt service liabilities.

• Reserved for Capital Contracts represents funds accumulated for commitments related to unperformed contracts.

• Reserved for Prepaid Assets represents funds used for prepaid expenses.

N. ACCOUNTING ESTIMATES

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions. Those estimates affect the reported amounts of assets and liabilities and disclosure of assets and liabilities at the date of the financial statements. They may also affect the reported amounts of revenues and expenses of proprietary fund and the GWFS during the reporting period. Actual results could differ from these estimates.

67


December 31, 2008


O. CLAIMS AND JUDGEMENTS

The Parish accounts for the worker's compensation self-insurance program in an internal service fund. The liabilities for claims and judgments are reported when it is probable that a loss has occurred and the amount of that loss can be reasonably estimated. Liabilities include an amount for claims that have been incurred but not reported. Because actual claims liabilities depend o such complex factors as inflation, changes in legal doctrines, and damage awards, the process used in computing claims liability does not necessarily result in an exact amount. Claims liabilities are reevaluated biannually to take into consideration recently settled claims, the frequency of claims and other economic and social factors.

2. AD VALOREM TAXES

Ad valorem taxes are levied each November 1 on the assessed value listed as of the prior January 1 for all real property, merchandise and movable property located in the Parish. Assessed values are established by the Lafourche Parish Assessor's Office and the State Tax Commission at percentages of actual value as specified by LA law. A reevaluation of all property is required to be completed no less than every four years. The last reevaluation was completed for the list of January 1, 2008. Taxes are due and payable December 31 with interest being charged on payments after January 1. Taxes can be paid through the tax sate date, which is the last Wednesday in June. Properties for which the taxes have not been paid are sold for the amount of the taxes.

Parish-wide Taxes

General Alimony

Criminal Tax

Health Unit

Recreational Facilities

Max Millage

2.87

.78

.82

Authorized

2.68

0.76

.77

1.65 1 1.56

Public Building | 2.49

Library l 5.71

Special Service District 1 | 1.80

Drainage Dist Parish-wide

Health/Drainage/Library

3.34

5.17

Road District 1 1 4.32

Totals 28.95

Expiration 1

none 1

none 1

2015

2016

2.35 1 2015

5.40

1.55

3.16

4.89

2016

2014 1

2015 1

2018

4.10 1 2018

27.22

3. DEPOSITS AND INVESTMENTS

A. DEPOSITS

The Parish maintains a cash pool that is available for use by all funds. Each fund's portion of this pool is included as an interfund receivable or payable on the combined balance sheet.

Under state law, deposits (or the resulting bank balances) of all political subdivisions must be secured by federal deposit insurance or the pledge of securities owned by the fiscal agent bank at

68


December 31, 2008

DEPOSITS AND INVESTMENTS (continued)

A. DEPOSITS (continued)

all times. The market value of the pledged securities plus the federal deposit insurance must at all times equal the amount on deposit with the fiscal agent.

Obligations of the United States, the State of LA, and certain political subdivisions are allowed as security for deposits. Obligations furnished as security must be held by the political subdivision or with an unaffiliated bank or with a trust company for the account of the political subdivision.

The year-end balances of deposits are as follows:

1 Checking accounts:

Governmental Funds

1 Cash with fiscal agents:

Internal Service Fund

TOTALS

Bank Balances

$2,842,394

-

$ 2,842,394

Reported Amount

$1,627,485

4,905

$1,632,390

At December 31, cash and cash equivalents in excess of FDIC insurance were collateralized by securities held by unaffiliated banks for the account of the depositors. The GASB, which promulgates the standards for accounting and financial reporting for state and local governments, considers these securities subject to custodial credit risk. Custodial credit risk is the risk that in the event of a bank failure, deposits may not be returned. As of December 31, $2,592,394 ofthe bank balance was exposed to custodial credit risk. These deposits were uninsured and collateralized with securities held by the pledging financial institution's trust department or agent, but not in the Parish's name.

Even though the pledged securities are considered uncollateralized (Category 3) under the provisions of GASB Statement No. 40, R.S. 39:1229 imposes a statutory requirement on the custodial bank to advertise and sell the pledged securities within 10 days of being notified by the Parish that the fiscal agent has failed to pay deposited funds upon demand.

B. INVESTMENTS

For an investment, custodial credit risk is the risk that, in the event of a failure of the counterparty, the entity will not be able to recover the value of its investments or collateral securities that are in possession of an outside party. Investments in external investment pools are not exposed to custodial credit risk because of their natural diversification and the diversification required by the Securities and Exchange Commission.

LAMP, a local government investment pool, is administered by LAMP, Inc., a non-profit corporation organized under the laws of the State of Louisiana, which was formed by an initiative of the State Treasurer in 1993. While LAMP is not required to be a registered investment company under the Investment Company Act of 1940, its investment policies are similar to those established by Rule 2-a7, which governs registered money market funds.

69


December 31, 2008

3. DEPOSITS AND INVESTMENTS (continued)

The primary objective of LAMP is to provide a safe environment for the placement of public funds in short-term, high quality investments. The LAMP portfolio includes only securities and other obligations in which local governments in Louisiana are authorized to invest. Accordingly, LAMP investments are restricted to securities issued, guaranteed, or back by the U.S. Treasury, the U.S. Government, or one of its agencies, enterprises, or instrumentalities, as well as repurchase agreements collateralized by those securities.

The dollar weighted average portfolio maturity of LAMP assets is restricted to not more than 90 days, and consists of no securities with maturity in excess of 397 days. The fair value of investments is determined on a weekly basis to monitor any variances between amortized cost and fair value.

For purposes of determining participants' shares, investments are valued at amortized cost, which approximates fair value. LAMP is designed to be highly liquid to give its participants immediate access to their account balances. Investments in LAMP amounted to $19,706,003 and are classified as Investments in the financial statements.

The Parish contracts MBIA Asset Management Group to administer the investment of Road Sales Tax District 2 bond proceeds. At December 31 the Parish investments with MBIA consisted entirely of US Instrumentality recorded at fair value of $9,664,647. All securities have a purchase date of 11/25/08 and mature at various dates during 2009 with a final maturity date less than a year from the purchase date.

Interest rate risk is the risk that changes in market interest rates will adversely affect the fair value of an investment. Generally, the longer the maturity period of an investment, the greater the sensitivity of its fair value to changes in martlet interest rates. The Parish does not have a formal investment policy that limits investment maturities as a means of managing its exposure to fair value losses arising from increasing interest rates. The investments held by the Parish mature in 12 months or less.

Credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. The Parish does not have an additional credit risk policy. The investment in LAMP is not rated.

4. RECEIVABLES

The following is a summary of receivables:

Revenue Type

Ad valorem taxes

Sales and use taxes State Grants

Federal Grants Due from other Governmental Units Accounts

y^:;^M i;'-f-; Pi |l ;;?ij::: W"-- .::


$31,714

'yyWB^

Governmental Funds

$ 11,101,669 1,171,216 1,817,968

7,401,859 110.999

1,971,981

iS^rWM^^^^^

70


December 31, 2008

5. CAPITAL ASSETS

Capital asset activity for the year was as follows:

Cost of Capital Assets:

Land

Construction in Progress

Capital Assets Non-depreciable

Buildings Roads

Bridges

Drainage & Other Improvements

Pumps

Sewerage

Equipments Furniture

Vehicles & Equipment

Total Capital Assets - Depreciable Total Cost of Capital Assets

Accumulated Depreciation:

Buildings Roads

Bridges

Drainage & Other Improvements

1 Pumps

Sewerage

Equipment & Furniture

Vehicles & Equipment

Total accumulated depreciation

Net Depreciable Capital Assets Net Capital Assets

Balance 12/31/07

$ 1,369,718

5,554,909

6,924,627

15,754,167

70,479,932

12,011,170

3,890,904

26,705,088

-6,264,139

2,149,355

137,254,755

$151,104,009

Beginning Accumulated

$ (3,838,610)

(48,949,566)

(6,772,012)

(1,018,731)

(25,147,733)

-(3,735,531)

(1,400,372)

(90,862,555)

46,392,200 $ 53,316,827

Additions

$

1,170,822

1,170,822

1,893,835

6,968,276

-283,184

233,557

1,293,346

337,344

466,282

11,475,824

$ 13,817,468

Depreciation Expense

$ (401,459)

(4,645,087)

(186,559)

(128,136)

(480,178)

(25,867)

(625,049)

(201,612)

(6,693,947)

4,781,877 $ 5,952,699

Deletions & Adjustments

$

(4,301,132)

(4,301,132)

68,600

(687,213)

-(1,868,937)

1,836,897

-(744,688)

(36,760)

(1,432,101)

$ (10,034,365)

$ 13,694

659,876

538,297

(515,788)

-485,118

22,975

1,204,172

(227,929) $ (4,529,061)

Balance 12/31/08

$ 1.369,718

2,424,599

3,794,317

17,716,602

76,760,995

12,011,170

2,305,151

28,775,542

1,293,346

5,856,795

2,578,877

147,298,478

$ 154,887,112

Ending Accumulated

$ (4,226,375)

(52,934,777)

(6,958,571)

(608,570)

(26,143,699)

(25,867)

(3,875,462)

(1,579,009)

(96,352,330)

50,946,148 $ 54,740,465

Depreciation expense was charged to governmental activities functions as follows:

General Govemment Public Safety Public Works Health & Community Culture & Recreation

$

$

369,146 12,883

5,942,941 236,309 132,668

6,693.947

71


December 31, 2008

5. CAPITAL ASSETS (continued)

Sewerage - Enterprise Funds: Balance 12/31/07

Additions Deletions &

Adjustments Balance 12/31/08

502-Bracato/Alidore 504-Rita Sewerage 501-Marydale 503-Sewerage Dist. 14 - Dugas

Total Cost of Capital Assets

502-Bracato/Alidore 504-Total Rita 501-Marydale 503-Sewerage Dist. 14 - Dugas

Total accumulated depreciation

Net Capital Assets

$

$ $

S 2,407,987 947,051 667,226 181,981

4,204,245

1,083,220 189,252 450,749 127,386

1.998,126

2,206,119

----

$ -

96,320 41,733 26,689 7,279

$ 172.021

$ (172,021)

$

$ $

$ 2,407,987 947,051 667,226 181,981

4,204,245

1,179,540 230,985 477,438 134,665

2,170,147

2,034,098

6. LONG-TERM DEBT

A summary of changes in long-term debt is as follows:

Governmental Activities:

Balance 12/31/07

Obligations Retired Additions Balance

12/31/08 due within one year

Bonds Payable

Community Disaster Loan

Other Liabilities:

Compensated Absences

Capital Leases

Totals:

$

$

32,570,000

5,462,053

481,032

74.741

38,587,826

$ (3,965,000)

-

(863,845)

(74,741)

$ (4,903,586)

$ 10,000,000

-

855,091

-$ 10,855,091

$ 38,605,000

5,462,053

472,278

-$ 44,539,331

$ 2,125,000

-

--

$2,125,000 1

The compensated absences liability will be liquidated by the fund and department by which the employee is compensated.

eOA/DSPAVABLE;

Outstanding bonded debt is comprised ofthe following individual issues:

$385,000 of Certificates of Indebtedness (Series 1999) dated January 1, 1999, due in varying annual installments of $35,000 to $50,000, plus varying interest at 4.55% to 5.15% due in semi-annual installments through January 1, 2009.

$3,000,000 of Road Bonds, (Series 2001) dated November 1, 2001. due in varying annual installments of $170,000 to $310,000, plus interest at 5.25% due in semi-annual installments through January 2015.

$ 50,000

$1,825,000

72


December 31, 2008

6. LONG-TERM DEBT (continued)

$2,000,000 of Road Bonds, (Series 2001-B) dated December 1, 2001, due in varying annual installments of $120,000 to $200,000, plus interest at 5.25% due in semi-annual installments through January 2015.

$2,500,000 of Public Building Bonds dated May 31, 2005, due in varying annual installments of $105.000 to $315,000. plus varying interest at 4.1% due in semi-annual installments through January 2015.

$15,000,000 of Road Bonds, (Series 2005) dated March 1, 2005, due in varying annual installments of $200,000 to $2,820,000, plus varying interest at 3.0% to 4.5% due in semi-annual installments through January 2025.

$9,650,000 of Public Improvement Sales Tax Bonds, Series 2007 dated October 1, 2008, due in varying annual installments of $655,000 to $1,500,000, plus varying interest at 3.84% due in semi-annual installments through March 1, 2015.

$10,000,000 of Public Improvement Revenue Bonds, Series 2008 Dated October 15, 2008, due in varying annual installments of $365,000 to $630,000, plus varying interest at 3.0% to 5.2% due in semi-annual Installments on May 1 and November 1 through 2023.

$1,195,000

$1,945,000

$14,595,000

$ 8,995,000

$10,000,000

The annual requirements to amortize all bonds outstanding are as follows:

mm : -'-' . m\@

-"• -.m^t

- :, ; - -m^l ' m ^

:: g§Ki4«)^®

" mm^m mmmm

Total Principal

$ 2,485,000

2,580,000

2,685,000

2,790,000

2,915,000

9,715,000

8.445,000

6,990,000

$ 38.605,000

Total Interest

$ 1,643,772

1,550,594

1.447,159

1,337,211

1,223,803

4,692,727

2,927,262

725,044

$ 15,547,571

Tot

$

$

al Payments

4.128,772

4,130,594

4,132,159 4,127,211

4.138,803

14,407,727 11.372,262

7,715,044

54,152,571

73


December 31, 2008

6. LONG-TERM DEBT (continued)

Security for the payment of bonded debt is as follows:

Certificates of Indebtedness, Series 1999

Public Improvement Revenue Bonds, Series 2008

Road Bonds, Series 2001

Road Bonds, Series 2001-B

Road Bonds dated March 1, 2005

Public Improvement Sales Tax Bonds, Series 2008

Public Building Bonds dated May 31, 2005

Outstanding

$ 50,000

10,000,000

1,825,000

1,195,000

14,595,000

8,995,000

1,945,000

$38,605,000

Secured by

Excess annual revenues above statutory payments of the General Fund

%% 20 year Sales taxes collected in Road Tax District 2

Excess annual revenues above statutory payments of the General Fund Excess annual revenues above statutory payments of the General Fund


Sales taxes collected in Road Tax District 3 5 & 6.


COMMUNITY DISASTER LOAN

With Resolution 05-247, adopted October 25, 2005 the Council approved the application for participating in the Community Disaster Loan Program administered by the Federal Agency - Department of Homeland Security for aid in relief from loss of revenue from the disasters of Hurricanes Katrina and Rita. The loan is considered a promissory note and the local government must pledge collateral security. The Parish has pledged revenues for each fiscal year while any portion of the note is outstanding, after provision has been made for the payments required in connection with any outstanding bonded indebtedness. The term of the loan is 5 years but may be extended. Payments of principal and interest may be deferred until the end of the 5 year period. Interest - computed as the US Treasury rate for 5-year maturities on the date the Promissory Note is executed - accrues on the funds as they are disbursed. The Agency may cancel repayment of all or part of the loan if the revenues in the 3 fiscal years following the fiscal year of the disaster are insufficient to meet the operating budget because of disaster related revenue losses and unreimbursed disaster related operating expenses or by Legislative Action. Currently there is legislation to cancel repayment of the loan and consider the funds a grant, and consequently we did not accrue interest at the end of this year.

CAPITAL LEASES

The Parish leased 2 excavators that qualified as capital leases. The capitalized value of the equipment was recorded as $359,754 and is being depreciated as such. The balance ofthe leases ($71,741) was paid off in 2008.

74


December 31, 2008

INTERFUND RECEIVABLES AND PAYABLES

Due to and from other funds are listed by fund at year end are as follows:

lâsetoeliftsmvijttife fÊEfeteÔJirtfe

General Fund

Royalty Fund

Civil Defense Fund

Non-Major Governmental Funds

Total Govemmental Funds


225,633

1,860,423

1,749,030

250,000

2,061,448

5,204,227

203,109

11,553,870

6,022,061

2,572,666

2.739,880

41,092

2,780,972

22.929,569

158,324

Payroll Clearing Account

Pooled Cash Account

Civil Defense

Road Sales Tax District 2 Constr

Solid Waste


Enterprise Funds

Pooled Cash Account

Pooled Cash Account

Pooled Cash Account


Pooled Cash Account

$ 23,087,893

8. INTERFUND TRANSFERS

Transfers to and from are listed by fund at year end are as follows:

TFtosffeeODOteg- • •

General Fund

Solid Waste

Royalty Fund

Civil Defense Fund

Non-Major Govemmental Funds

$

$

1,000,000

123,629

1,123,629

66,034

1,370,890

30,000

546,269

4,463,773

10.268,404

17.868,999

"iMiiEffeGesoaBtejuE • -Cr " i -. ^ & - - - '

Royalty


Civil Defense

Non-Major Govemmental Funds

Royalty

General Fund

Royalty


75


December 31. 2008

9. FUND DEFICITS

The following individual funds have deficits that are expected to be eliminated by operations and transfers in the next year:

Non-Major Special Revenue Funds

IV-D Grant Fund $ 25,184

Health Activity $ 8,416

CACFP-OCA

Weatherization

Commodities Grant

$

$

$

2,476

64,677

11

Medicaid Enrollment Center Program $ 29

Non-Major Capital Projects Funds

Capital Projects $ 275,520

Non-Major Enterprise Funds

Dugas Sewerage $ 11,487

Morristown Community Sewerage $ 9,812

10. EXCESS EXPENDITURES OVER APPROPRIATIONS

The following individual funds had actual expenditures over budgeted expenditures:

Solid Waste

Non-Major Special Revenue Funds:

Criminal Court Fund

Library Commission

2004 Rededication

Community Action Agency

Weatherization

Health Activity

Final Budget

12,116.921

809.503

7.000

-

91.578

127,056

891,447

Actual Amounts

12,395,613

849,159

127,821

271

43,667

150,829

941,763

Variance

(278,692)

(39,656)

(120,821)

(271)

(47,911)

(23,773)

(50,316)

%

-2%

-5%

>-100%

-100%

-46%

-19%

-6%

76


December 31, 2008

11. DEFERRED COMPENSATION PLAN

The Parish offers its employees a deferred compensation plan created in accordance with IRS Code Section 457. The plan is available to all employees and permits them to defer a portion of compensation until future years. The deferred compensation plan is available to employees until termination, retirement, death, or an unforeseeable emergency. All amounts of compensation deferred under this plan, all property and rights purchased with those amounts, and all income attributable to those amounts, property, or rights are (until paid or made available to the employee or beneficiary) held in trust for the exclusive benefit of the participants and their beneficiaries, and the benefits may not be diverted to any other use.

It is the opinion of the Parish that it has no liability for losses under the plan but does have the duty of due care that would be required of an ordinary prudent investor. The assets of the plan are managed by the trustee (Security Benefit). In accordance with GASB Statement No. 32. Accounting and Reporting for IRS Code Section 457 Deferred Compensation Plans, the Parish does not account for the assets and related liabilities in an agency fund.

12. SALES TAXES

IhO % FOR SOLID WASTE COLLECTION As of August 1, 1986 a one percent sales tax within Lafourche Parish was approved by the voters. The sales tax proposition provides that the net proceeds of the tax (after paying necessary and reasonable costs and expenses of collecting and administering the tax) are to be dedicated and used to pay the cost of constructing, acquiring, maintaining, and operating solid waste collection and disposal facilities and closing garbage dumps for the Parish. The tax was reduced to 7/10 per cent in November 1996. The net proceeds are deposited in the Solid Waste Fund.

1/2% FOR ROAD SALES TAX DISTRICT 2 Authorized by a special election on March 31, 2007, a twenty-year one-half percent sales tax in Road Sales Tax District 2 was approved by the voters, to be effective January 1, 2008. The sales tax proposition provides that the net proceeds of the tax (after paying necessary and reasonable costs and expenses of collecting and administering the tax) are to be dedicated and used to pay the cost of constructing, improving and maintaining public roads, bridges and drainage works in the said District. The tax is also authorized to pay bonded debt incurred for such capital projects. The net proceeds are deposited in the Road Sales Tax District 2 Fund.

1% FOR ROAD SALES TAX DISTRICT A Authorized by a special election on March 31, 2007, a twenty-year one percent sales tax in Road Sales Tax District A was approved by the voters, to be effective October 1, 2007. The sales tax proposition provides that the net proceeds of the tax (after paying necessary and reasonable costs and expenses of collecting and administering the tax) are to be dedicated and used to pay the cost of constructing, improving and maintaining public roads, bridges and drainage works in the said District. The tax is also authorized to pay bonded debt incurred for such capital projects. The net proceeds are deposited in the Road Sales Tax District A Fund.

13. RISK MANAGEMENT

The Parish is subject to various risks of loss related to theft of, damage to, and destmction of assets; error and omissions; injuries to employees; natural disasters; and worker's compensation claims. The Parish has purchased commercial liability insurance to cover risks of loss related to torts or negligence by employees and council members. Commercial insurance has also been obtained to cover risk of damages to or theft of computer equipment, boilers and other machinery, employee's health insurance, and general liability claims. Claims have not exceeded insurance coverage in any ofthe past three years.

77


December 31, 2008

13. RISK MANAGEMENT (continued)

The Worker's Compensation Fund - an Internal Service Fund - was established to account for and finance its risk in that area. A commercial insurance policy is purchased for claims in excess of $10,000 with a $300,000 limit per occurrence to a maximum coverage of $1,000,000. All funds participate in the internal service fund and make payments based on estimates of the amounts needed to pay prior and current year claims and reserves necessary for anticipated losses. The estimated claims liability is provided by the third party claims administrator and includes claims incurred but not paid and claims incurred but not reported and out of pocket expenses. The estimated claims liability and the changes in claims liabilities forthe past 3 years are:

YEAR

2008

2007

2006

BEGINNING BALANCE

$ 51,548

$ 58,605

$ 58,605

CLAIMS AND CHANGES IN

ESTIMATE

83.807

299,862

96,462

PAYMENTS

(83,807)

(306,919)

(96,462)

ENDING BALANCE

$51,548

$51,548

$58,605

14. COMMITMENTS AND CONTINGENCIES

The Parish receives funding under grants from various Federal and State agencies. These grants specify the purpose that the monies are to be used and such grants are subject to audit by the granting agency or its representative. If the grant monies received are not expended, the Parish may be required to reimburse the granting agency.

The Parish is engaged in various construction and capital projects at year-end. contractors are as follows:

Various commitments with

PROJECT DESCRIPTION

Galliano Complex Lockport Library T-Bois Bridge repairs Pan- Pump Road Projects: : Project 3-H Meadowland Subdivision Project 5-H Chocktaw/Chackbay

; Project 5-1 Lefort Bypass Project Farm to Market Road Project Laurel Valley Road Project Mary Beth Bridge Project 4-C Project 4-D Project Airport Corridor Project East 94th St Extension

• •. . •- i...:;.::iaii i; i i: iKi:i.:i j i.^.i ' i^\K,;;..t;;;i»ii ' ' i-(aiiiais

2008 EXPENDITURES

$ 462,418 554,506

--

972,404 551,178

1,294 38,745

--

601,882 1.354.355

--

£ : : ^ ^ M ^ : ^ . - ^ M ^ M M

REMAINING COMMITMENTS

$

' : i ^ J ^

103,263 970,458 130,540 691,287

275,304 46.974

978,709 1,122,255

200,000 100,000 49.271 91,406

100,000 500,000

Ji:;;§S5J|.l2i

78


December 31, 2008

15. COMPONENT UNIT - NOTES TO THE FINANCIAL STATEMENTS

The balances of deposits are as follows:

Time Deposits

Certificates of Deposit

Total deposits

Exposed to custodial credit risk

Covered by pledge securities

Reported Balance

$ 43,586,588

72,975,000

$ 116,561,588

Bank Balance

$117,415,048

72,975,000

$190,390,048

$112,380,731

$112,380,731

Investment balances for the component units are classified as follows:

INVESTMENT TYPE

Certificates of Deposit

LAMP

Short - terni investments

Treasury Notes

Zero Coupon Bond

Other Governmental Securities

REPORTED VALUE

$ 7,577,231

14,404,311

690,183

4,631.478

3,480.662

$

14,502,163

45,286,028

FAIR VALUE

$ 7,577,231

14,404,311

690,183 1

4,631,478

3,480,662

$

9,397,971 1

40,181,836

A summary of capital assets for component units follows:

COST OF CAPITAL ASSETS: Balance 12/31/2007

Additions Deletions Balance 12/31/2008

Land Construction in Progress Total non- depreciated Facilities Equipment Total depreciated

Total Cost ACCUMULATED DEPRECIATION: Facilities Equipment

Total accumulated depreciation NET CAPITAL ASSETS

$ 4,987,945 15.696,128 20,684,073

245,594,165 98,245.158

343,839,323 364,523,396

152,305,686 16,685,541

168,991,227 $ 195,532,169

$ 6,974,799 6,974,799

14,142,330 12,983.728 27,126,058 34,100.857

14,013,051 1,246,797

15,259,848 $ 18,841,009

$ (6,699,282) (6,699,282)

361,008 (10.895,860) (10,534,852) (17,234,134)

(9.122,501) (473,004)

(9,595,505) $ (7,638,629)

$ 4.987,945 15,971,645 20,959,590

260,097,503 100,333,026 360,430,529 381,390,119

157,196,236 17,459,334

174.655,570 $ 206,734,549

79


December 31, 2008

15. COMPONENT UNIT - NOTES TO THE FINANCIAL STATEMENTS (continued)

Several component units have year-ends that are different from the primary government reporting entity. The following summaries of bond transactions, annual debt requirements and bonds payable by individual issues are presented as of and for the various year ends of the component units.

The following is a summary of changes in long-term debt for the component units:

General Obligation Bonds Special Revenue Bonds Certificates of Indebtedness

Total Government Tax-Exempt Water Revenue

Total Business Type Capital Leases Loans Payable Compensated Absences

Total Long Term Debt

Balance 12/31/2007

$ 3,175.000 1,035.000

23,000 4,233,000 6,980,597

29,905,646 36,886,243

193,821 13,451,054

88,525 $ 54,852,643

Additions

$ ---

9,618,353 -

9,618.353 --

145,171 $ 9,763,524

Retirements

$ (165,000) (90,000) (23,000)

(278.000) (523,946)

(1,414,561) (1,938,507)

(63,909) (8,977,419)

-$(11,257,835)

Balance 12/31/2008

$ 3,010.000 945,000

-3,955,000

16,075,004 28,491,085 44,566,089

129,912 4,473,635

233,696 $ 53,358.332

80

'Required Sup pi eKnenfal

LAFOURCHE j j s u f l / i j Li' j u > i f l n g A m e r i c a

PARISH /GOVERNMENT

5.2. § C/) 3 c:

g ^ a>

o o ^ ^ ^ ^ ^ t

^ ^ a ^ o o o '

LAFOURCHE PARISH GOVERNMENT Required Supplementary Information

Budget Comparison Schedule - Fund #001 General Fund For the Year Ended December 31, 2008

REVENUES Taxes:

Ad Valorem Gaining and Alcohol Franchise Severance

Intergovemmental: Federal Govemment State of LA:

Other State Grants State Shared Revenue State in Lieu of Taxes

Total State of LA Local Grants

Charges for Services: Licenses & Permits Other

Fines and Forfeitures: Court Fines Civil Case Fees

Investment Eannings

Miscellaneous: Oil & Mineral Leases Allocation Revenue - Finance Other

Total Revenues

Original Budget

$ 1,235,843 1,093,100

484,700 750,100

3,563,743

Final Budget

$ 1,329,443 1,093,100

484,700 850,100

3,757,343

Actual Amounts

$ 1,471,973 1,359,131

463,529 885,003

4,179,636

Schedule 1.1

Variance

+ /(-)

$ 142,530 266,031 (21,171) 34,903

422,293

4,811,360 108,000 323,622

5,242,982

-5,242,982

1,761,650 6,300

1,767,950

38,000 24,000 62,000

45,000

20,000 33,000

3,650 56,650

10,738,325

5,369,381 108,000 343,001

5,820,382

-5,820,382

1,993,650 6,300

1,999,950

38,000 24,000 62.000

45,000

20,000 33,000

3,650 56,650

11,741,325

311,742 113,550 349,933 775,225

15,000 790,225

2,021,418 19,760

2,041,178

41,011 2,966

43,977

12,636

17,046 60,425 40,011

117,482 7,185,134

(5,057,639) 5,550 6,932

(5,045,157) 15,000

(5,030,157)

27,768 13,460 41,228

3,011 (21,034) (18,023)

(32,364)

(2,954) 27,425 36,361 60,832

(4,556,191)

EXPENDITURES Current - General Govemment:

Legislative: Personal services and benefits Professional services Operating services Other services Supplies Miscellaneous

Judicial: Personal services and benefits Professional services Operating services Other services Supplies Miscellaneous

355,848 156,202

4,800 88,244

8,600 20,000

633,694

1,748,739 97,310

3,935 56,700 18,795 59,700

1,985,179

359,994 108,751

9,744 96,561

8,719 4,071

587,840

1,739,429 99,810

4,195 56,580 23,395 61,770

1,985,179

287,720 66,755 10,137 82,577

6,830

-454,019

1,686,491 95,283

3,435 61,202 20,267 52,383

1,919,061

72,274 41,996

(393) 13,984

1,889 4.071

133,821

52,938 4,527

760 (4,622) 3,128 9,387

66,118

81



Elections/ Registrar of Voters

Personal services and t>enefits

Operating services

Other services

Supplies

Miscellaneous

Finance and Administrative

Personal services and benefits

Professional services

Operating services

Other services

Supplies

Debt sen/ice

Miscellaneous

Capital Outlay

Executive



Operating services

Other services

Supplies

Purchasing


Operating services

Other services

Supplies

PnDperty & Risk Management



Operating services

Other services

Supplies

Other sen/ices

Judgements & Damages

Human Resources



Operating services

Other services

Supplies

Civil Service



Operating services

Other services

Supplies

Original

Budget

68,644

2,900

12,800

14,750

77,500

176,594

405,208

10,000

6,000

113,800

28,500

300

19,000

582,808

5,000

587,808

382,658

10,000

6,000

30,800

31,750

461,208

57,666

100

4,670

4,300

66,736

84,269

-5,000

12,623

9,650

--

111,542

118,118

15,000

5,248

5,300

11,550

155,216

81,391

-100

2,730

1,435

Final

Budget

68,644

1,186

5,993

23,296

77,476

176,595

417,353

10,000

6,000

175,217

29,400

300

19,000

657,270

5,000

662,270

384,028

9,255

6,185

35,188

35,129

469,785

59,749

100

4,870

4,100

68,819

87,120

16,520

4,000

13,308

9,706

-240

130,894

182,054

8,350

4,733

12,800

15.715

223,652

76,566

-100

2,480

8,685

Actual

Amounts

59,090

942

5,705

22,862

72,808

161,407

379,359

-401

154,488

25,917

39

19,541

579,745

(4,606)

575,139

332,527

9,338

6,087

37,883

34,263

420,098

54,366

170

1,257

2,208

58,001

91,664

18,843

-9,916 8,629

278,635

12,935

420,622

155,413

5,805

3,828

10,405

14,659

190,110

47,563

113

-3,769

8,371

Schedule 1.1

Variance

+ / ( - )

9,554

244

288

434

4,668

15,188

37,994

10,000

5,599

20,729

3,483

261

(541)

77,525

9,606

87,131

51,501

(83)

98

(2,695)

866

49,687

5,383

(70)

3,613

1,892

10,818

(4,544)

(2,323)

4,000

3,392

1,077

(278,635)

(12,695)

(289,728)

26,641

2,545

905

2,395

1.056

33,542

29,003

(113)

100

(1.289)

314

85,656 87,831 59,816 28,015

82



Information Technology Personal services and benefits Professional services Operating services Other services Supplies

Capital Outlay

Plannir>g & Zoning Personal sen/ices and benefits Professional services Operating services Other services Supplies

Other Departments Personal services and benefits Professional services Operating services Other services Supplies Miscellaneous

Public Safety: Personal services and benefits Professional services Operating services Other services Supplies Miscellaneous

Capital Outlay

Public Works: Personal sen/ices and benefits Professional services Operating services Other services Supplies Miscellaneous

Capital Outlay

Community Services Personal services and benefits Professional services Operating services Other services Supplies Miscellaneous

Original Budget

92,325 6,500 5,700

37,690 12,650

Final Budget

95,743 5,500 2,600

40,190 14,250

Actual Amounts

100,955 5,420 2,541

34,312 11,073

Schedule 1.1

Variance + /(-)

(5,212) 80 59

5,878 3,177

154.865

154,865

406,347

146,656

158,283 154.301 3,356

158,283 157,657

574,590

150,995

522,114

141,983

3,982 (3,356)

626

249,797 100,100

5,700 34,750 16,000

254,273 272,468

2,596 24,020 21,233

251,662 226,776

1,717 22,493 19,466

2,611 45,692

879 1,527 1,767

52,476

9,012

4,000 8,130 7,500

-166,286

60,430 156,045 123,784

5,275 156,650

1,039,814 1,541,998

-1,541,998

476,944 27,700 8,000

13,600 13,500

146,722 686,466

5,000 691,466

96,200 3,811 2,600 4,914 1,950

104,000

2,900 8,150 6,887

-168,932

128,048 156,044 124,305

5,475 179,105

1,323,801 1,916,778

7,425 1,924,203

495,377 107,114

6,659 18,269 14,264

140,487 782,170

908 783,078

97,157 3,011 3.280

10,700 6,668

103,000

385 4,883

105 9,801

157,157

132,789 160,309 124,014

7,590 172,405

1,180,183 1,777,290

6,425 1,783,715

402,104 32,252 3,349

19,051 18,257

1,184 476,197

-476,197

88,121

-3,160 9,200 5,767

66,307

2,515 3.267 6,782

(9,801) 11,775

(4,741) (4,265)

291 (2,115) 6,700

143,618 139,488

1,000 140,488

93,273 74,862 3,310 (782)

(3,993) 139,303 305.973

908 306,881

9,036 3,011

120 1,500

901 36,693

213,475 223,816 172,555 51,261

83



Economic Development Personal sen/ices and benefits Professional sen/ices Operating services Other sen/ices Supplies

Total Current Total Capital Outlay

Total expenditures EXCESS (DEFICIENCY) OF REVENUES

OVER EXPENDITURES

Original Budget

92,356 48,900 5,400

135,870 22,600

305,126

7,733,196 10,000

7,743,196

2,995,129

Final Budget

99,737 46,462

4,200 139,525 22,583

312,507

8,524,941 13,333

8,538,274

3,203,051

Actual Amounts

89,237 40,836 2,078

129,946 16,962

279,059

7,801,552 5,175

7,806,727

(621,593)

Schedule 1.1

Variance + /(-)

10,500 5,626 2,122 9,579 5,621

33,448

723,389 8,158

731,547

(3,824,644)

OTHER FINANCING SOURCES (USES) Transfers In from: 113 Criminal Court Fund 108 Royalty Fund

Total Transfers In Transfers Out to: 104 Drainage & Maintenance fund 123 Civil Defense Fund 124 IV-D Grant Fund 126 Commission of Women Fund 130 Head Start Fund 142 LCAA Operating Fund 181 Coastal Zone Management Fund 185 Beachfront Development Commission Fund 299 Capital Projects Fund 302 COI, Series 1999- Building Fund

Total Transfers Out Total other financing sources (uses)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

1,000,000 1,040,000 123,629

1,000,000 40.000 1,000,000

-(30,000)

(7,603) (10,000)

(153,000) (8,000)

(79,355)

-(4,040,000)

(52,575) (4,380,533) (3.380.533)

(385,404)

1,755,951

$ 1,370,547

1,040,000

(50,000) (30,000)

(7,603) (10,000) (78,000) (58,000) (79,355) (54,670)

(5,399,764) (52,575)

(5,819,967) (4,779,967)

(1,576,916)

3,057,641

$ 1,480,725

1,123,629

-(30,000) (7,603)

(10,000) (78,000) (58,000) (79,355) (54,670)

(206,067) (52,575)

(576,270) 547,359

(74,234)

3,086,795

S 3,012,561

40,000

(50,000)

-------

(5,193,697)

(5,243,697) (5,203,697)

(9,028,341)

1,615,571

$ (7,412,770)

84


Budget Comparison Schedule - Fund #107 - Solid Waste For the Year Ended December 31, 2008

REVENUES

Taxes - Sales & Use Intergovemmental - Federal Charges for Sen/ices Interest

Original Budget

$ 6,223,272

-2,000

110,000

Final Budget

$ 7,027,772 3,512,947

2,000 110,000

Actual Amounts

$ 7,223,931 5,014,009

1,470 63,335

Schedule 1.2

Variance Positive

(Negative)

$ 196,159 1,501,062

(530) (46,665)

Total Revenues 6,335,272 10,652,719 12,302,745 1,650,026

EXPENDITURES Current - General Govemment - Public Wori<s:

Personal services and benefits Professional services Operating services Other services Supplies Other

Total current expenditures Debt service

Total expenditures

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES

OTHER FINANCING SOURCES (USES) 123 Transfers in from Civil Defense 299 Transfer out to Capital Projects Fund Total other financing sources (uses)

189,665 69,310

6,937,020 87,100 21,700

1,100 7,305,895

7,305,895

(970,623)

. (25,000) (25,000)

190,709.00 887,758.00 10,921,293 64,308.00 51,753.00

1,100 12,116,921

12,116,921

(1,464,202)

66,034 (25,000) 41,034

208,279 74,694

12,038,472 59.355 13,813

1,000 12,395,613

12,395,613

(92,868)

66,034 (16,660) 49,374

(17,570) 813,064

(1,117,179) 4,953

37,940 100

(278,692)

(278,692)

1,371,334

. (8,340) (8,340)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (995,623) (1,423,168) (43,494) 1,362,994

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

2,352,445 2,397,569

$ 1,356,822 $ 974,401

2,397,568

$ 2,354,074

1,156,150

$ 2,519,144

85


Budget Comparison Schedule - Fund #108 - Royalty Fund For the Year Ended December 31, 2008

REVENUES Intergovemmental from:

State of LA Interest

Total Revenues


OTHER FINANCING SOURCES (USES) Transfers In 160 Road Sales Tax District A Fund 301 COI, Series 1994 Bond Fund

Total Transfers In Transfers Out to: 001 General Fund 102 Building & Maintenance Fund 103 Roads & Bridges Fund 104 Drainage Maintenance Fund 110 Recreation Fund 129 Health Activity Fund 206 2005 Road Const Dist 3,5, & 6 Fund 299 Capital Projects Fund 314 Road Sales Tax Dist 3, 5 & 6 Bond Sinking Funt

Total other financing sources (uses)


Original Budget

$ 3,141,655 110,000

3,251,655

3,251,655

Final Budget

$ 6,999,355 120,000

7,119,355

7,119,355

Actual Amounts

$ 6,792,223 106,498

6,398,721

6,898,721

Schedule 1.3

Variance Positive

(Negative)

$ (207,132) (13,502)

(220,634)

(220,634)

1,370,115 -

1,370,115

(1,000,000) (850,000) (300.000)

(1,100,000)

--

(500,000) (2,261,950)

t (843,914) (6,855,864)

(5,485,749)

1,370,115 775

1,370,890

(1,040,000) (850,000) (300,000)

(2,210,666) (30,000) (51,000)

(500,000) (2,941,826)

(843,914) (8,767,406)

(7,396,516)

1,370,115 775

1,370,890

(1,000,000) (849,937) (300,000)

(2,040,000) (30,000) (51,000) (38,745)

(309,748) (843,914)

(5,463,344)

(4,092,454)

---

40,000 63

-170,666

--

461,255 2,632,078

-3,304,062

3,304,062

(2.234,094) (277,161) 2,806,267 3,083,428

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

4,307,079 5,817,930 5.817,929 952,443

$ 2,072,985 $ 5,540,769 $ 8,624,196 S 4,035,871

86


Budget Comparison Schedule - Fund #123 - Civil Defense For the Year Ended December 31, 2008

REVENUES Intergovemmental

Federal Govemment State Grant

Interest Other Revenues

Original Budget

$ 40,000

---

Final Budget

$ 1,147,750 865,694

15.500 1,000

Actual Amounts

$ 2,463,829 169,508 13,199

301,015

Schedule 1.4

Variance Positive

(Negative)

$ 1,316,079 (696,186)

(2.301) 300,015

Total Revenues 40,000 2,029,944 2,947,551 917,607

EXPENDITURES Current - General Govemment - Public Wort<s:

Personal services and benefits Professional services Operating services Other services Supplies Miscellaneous

Total public worics Capital outlay

Total expenditures


OTHER FINANCING SOURCES (USES) 001 Transfers In from General Fund Transfers Out to: 107 Solid Waste Fund



69,028

-8,775

36,480 19,975 2,000

136,258 10,000

146,258

(106,258)

30,000

.

30,000

78,813 159.639

8.775 32.519

1,149,775 681,148

2,110,669 10.000

2,120,669

(90,725)

30,000

(66,034)

(36,034)

95,338 58,816

953,343 181,972 664,338 114,171

2,067.978 30.208

2,098,186

849,365

30,000

(66,034)

(36,034)

(16,525) 100,823

(944,568) (149,453) 485,437 566,977

42,691 (20,208)

22,483

940,090

-

_

(76.258) (126,759) 813.331 940.090

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

266,601

190.343

266,601 266,601 145,428

139,842 $ 1,079,932 S 1,085,518

87


Budget Comparison Schedule - Fund #201 - Road District No. 2 Construction Fund For the Year December 31, 2008 Schedule 1.5

REVENUES

Intergovernmental - Local Govemment

Interest

Original

Budget

20,000

Final

Budget

250,000

20,000

Actual

Amounts

97,147

Variance

Positive

(Negative)

$ (250,000)

77,147

Total Revenues 20,000 270,000 97,147 (172,853)

EXPENDITURES

Current - General Govemment - Public Wortcs'

Operating services


Supplies

Other services

Total current

Capital Outlay

Debit Service

Principal

Bond Issuance Costs

Total expenditures


OVER EXPENDITURES


Proceeds from Bond Issue

Operating Transfers In:

106 Road Sales Tax District 2


Total Transfers In

Operating Transfers Out


299 Capital Projects Fund

Total Transfers Out

1,720,000

---

1,720,000

1,300,000

3,126,156

40,981

-11,903

3,179,040

2,500,000

1,586,137

390,306

11,923

836

1,989,202

-

1,540,019

(349,325)

(11,923)

11,067

1,189,838

2,500,000

3,020,000

(3,000,000)

2,600,000

2,100,000

4.700.000

(1,700,000)

(1.700.000)

5,679,040

(5,409,040)

2,989,389

2,273,154

5,262,543

(250,000)

(1,700,000)

(1.950.000)

386,804

2,376,006

(2,278,859)

10,000,000

-

(250.000)

(143,750)

(386,804)

3,303,034

3,130,181

10,000,000

(393,750)

(2,989,389)

(2,273,154)

(5,262,543)

1,556,250

1,556,250

Total other financing sources (uses) 3,000,000 3,312,543 9,606,250 6,293,707



EXPENDITURES AND OTHER USES (2,096,497) 7,327,391 9,423,888

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

2,097,291

$ 2,097,291

2.097,291

794

2.097,289 2,397,156

$ 9,424,680 $ 11,821,044

88

A)— '^^"=-- ' on-jv\Oijor

{^ovei^n^nenfal F u n d s

LAFOURCHE j eec f in^ ti" f u j f i n ^ Am^iricu

PARISH .GOVERNMENT

. o O ^ ^ < » Q ^ t

Xfi-,ri<

' i o o o o o o o

LAFOURCHE PARISH GOVERNMENT Combining Balance Sheet - by Fund Type

Non-Major Governmental Funds December 31, 2008

Schedule 2.1

ASSETS Cash and Equivalents Investments Receivables Due from Other Funds Other Current Assets

Total Assets

LIABILITIES Accounts Payable Contracts and Retainage Payable Salaries and Benefits Payable Due to Other Funds Due to Other Govemmental Units Other Cun'ent Liabilities

Total Liabilities

$

J_

$

Special Revenue

159,525 11,917,518 12,267,065 1,925,096

97,969

26,367,173

844,168 98,287

357,381 4,815,801

36,300 74,629

6,226,566

$

$

S

Debt Service

4,429,941

-47,996

1,331,495

5,809,432

.

--

307,302

--

307,302

$

_$_

$

Capital Projects

25,939 230

-807,880

-

834,049

124,300 959,330

-1,994

--

1,085,624

$

_$_

S

Total

185,464 16.347,689 12,267,065 2,780,972 1,429,464

33,010,654

968,468 1,057,617

357,381 5,125,097

36,300 74,629

7,619,492

FUND BALANCES Fund Balances:

Reserved for Debt Service Reserved for Capital Projects Unreserved and Undesignated Total Fund Balances

20,140,607 20,140,607

5,502,130 (251,575)

5,502,130 (251,575)

5,502,130 (251,575)

20,140,607 25.391.162

Total Liabilities and Fund Balances $ 26,367,173 $ 5,809,432 $ 834,049 $ 33,010,654

89

LAFOURCHE PARISH GOVERNMENT Combining Statement of Revenue, Expenditures, and Changes in Fund Balance - by Fund Type

Non-Major Governmental Funds Forthe Year Ended December 31, 2008

Schedule 2.2

REVENUES Taxes:

Ad Valorem Sales and Use


Charges for Services Fines and Forfeitures Investment Eamings Other

Total Revenues

Special Revenue

$ 13,539,726 3,751,604

5,012,615 1,836,271

814,656 152,807

1,065,785 286,496

1,485,504 27,945,464

Debt Sarvice

$ -

-----

131,532

-131,532

Capital Projects

$ -

12,997

----

6,191

-19,188

Total

$ 13,539,726 3,751,604

5,025,612 1,836,271

814,656 152.807

1,065,785 424,219

1,485,504 28,096,184

EXPENDITURES Current General Govemment:

Judicial Public Safety

1,585,792 1,585,792

Public Worics Health & Community Services Culture and Recreation

Debt Service Principal Interest

Capital Outlay Total Expenditures


OTHER FINANCING SOURCES (USES) Transfers In Transfers Out Total other financing sources (uses)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITIJRES AND OTHER USES

FUND BALANCES - BEGINNING OF YEAR FUND BALANCES - END OF YEAR

10,685,511 6,257,821 1,779,459

--

702,830 21,011,413

6,934,051

6,107,692 (9,624,931) (3,517,239)

3,416,812

16,723.795 $ 20,140,607

---

3,965,000 1,256,609

-5,221,609

(5,090,077)

3,830,326 (1,718,456) 2,111,870

(2,978,207)

8,480,337 $ 5,502,130

286,142

--

--

6,129,912 6,416,054

(6.396,866)

5,340,428 (9.554)

5,330,874

(1,065,992)

814,417 $ (251,575)

10,971,653 6,257,821 1,779,459

3,965,000 1,256,609 6,832,742

32,649,076

(4,552,892)

15,278,446 (11,352,941)

3,925,505

(627,387)

26,018,549 $ 25,391,162

90

"Revenue Funds 73 o CD 3

S t

"n cn

I"

LAFOURCHE j t ! lii/i t i j (^ J u j f i n ^ A tfi e r i c a

PARISH 'GOVERNMENT

j O O ^ & O ^ O ^ j

0 o

o o

^ '^^.

LAFOURCHE PARISH GOVERNMENT

SPECIAL REVENUE FUNDS

101 ANIMAL CONTROL FUND The Animal Control Fund accounts for the humane care and sheltering of animals. The fund also accounts for safety issues and other control activities.

102 BUILDING AND MAINTENANCE FUND The Building and Maintenance Fund accounts forthe cost of acquiring, constructing, improving, operating, and maintaining public buildings. Financing is provided by specific Ad Valorem tax, state revenue sharing, and interest earnings.

103 ROADS AND BRIDGES FUND The Roads and Bridges Fund accounts for maintenance of Parish highways, streets, and bridges. Major financing is provided by Ad Valorem Taxes, the State of Louisiana Parish Transportation Fund, and transfers from the Parish's Royalty Road Fund.

104 DRAINAGE MAINTENANCE FUND The Drainage Maintenance Fund accounts for the cost of acquiring, constructing, improving, maintaining, and operating the Parish drainage system. Major financing is provided by parish wide Ad Valorem tax transfers from the Parish's Royalty Road Fund.

105 STREET LIGHT FUND The Street Light Fund accounts for the cost of acquiring, constructing, improving, and maintaining electric lights on the streets, roads, highways, alleys, and public places throughout the parish. Financing is provided by a specific Ad Valorem tax and interest earnings.

106 ROAD SALES TAX DISTRICT NO. 2 FUND The Road Sales Tax District No. 2 Fund accounts for the sales taxes collected in this District dedicated and used for the purpose of constructing, improving, maintaining, and resurfacing public roads in this district. This tax is also authorized to pay incidental drainage costs associated with the road projects and to pay bonded debt incurred from time to time for such capital projects.

109 BOARD OF HEALTH FUND The Board of Health Fund accounts for the Parish's portion of the cost of acquiring, constructing, improving, operating and maintaining the public health units of the Parish. Financing is provided through specific ad valorem taxes, state revenue sharing and interest eamings.

110 RECREATION FUND The Recreation Fund accounts for the cost of acquiring, constructing, improving, maintaining, and providing recreational facilities for residents ofthe parish. Major financing is provided by Ad Valorem taxes and state revenue sharing.


112 CRIMINAL JURY FUND The Criminal Jury Fund was established after the passing of Act 1103 by the Louisiana State Legislature which changed the method of payment of jurors in criminal cases. The law imposed additional court costs in criminal cases to provide compensation for jurors The fund accounts for the revenues and expenditures associated with these criminal cases.

91



113 CRIMINAL COURT FUND The Seventeenth Judicial District Criminal Court Fund is established under Section 571:11 of Title 15 of the Louisiana Revised Statutes of 1950, which provides that fines and forfeitures imposed by the district courts and district attorney conviction fees in criminal cases be transferred to the Parish treasurer and deposited into a special Criminal Court Fund to be used for the expenses of the criminal courts of the Parish. Expenditures are made from the fund on motion ofthe district attorney and approval ofthe district judges. The statute also requires that one-half of the fund balance in the Criminal Court Fund at December 31 of each year be transferred to the Parish's General Fund.

114 SPECIAL DISTRICT NO. 1 FUND The fund was created to account for the 1.8 mills property tax beginning in 2005 through 2014 for the purpose of constmcting, acquiring, improving and maintaining lighting facilities on the streets, roads, and public places in rural areas of the Parish. The property tax is also dedicated for costs associated with the control or abatement of public nuisances ofthe Parish such as the destruction and disposal of abandoned or condemned properties. At least 60% of the tax shall be budgeted for public lighting purposes.

115 OFF DUTY WITNESS FUND Act 96 of the 2005 Regular General Session amended RS 15:255 to create a system for Off Duty Law Enforcement Officer Witness fees to ensure proper W2 withholding occurs. This fund was established to collect and distribute funds for off duty witness officers.



118 PLANNING COMMISSION FUND The Lafourche Parish Planning Commission Fund accounts for the planning of new subdivisions. Financing is provided by service charges and processing fees.

119 LIBRARY COMMISSION FUND The Library Commission Fund accounts for the revenue and expenditures associated with the activities of the Library's building maintenance and construction as well as costs associated with liability purposes.

121 DRUG COURT- SUPREME COURT FUND This fund was created to account for the state revenue received and disbursed to the Supreme Court Drug Court for administration of the Drug Court Program.

123 CIVIL DEFENSE FUND The Civil Defense Fund was created to assist in the development, maintenance, and improvement of the State and other local governments' response to disasters and emergencies that may result from nature and/or accidents. The funding is received through the Emergency Management Performance Grant.

92



124 IV D GRANT FUND The IV D Grant Fund was created for the child support enforcement program. The program is administered by the Department of Social Services, Office of Family Support, and Support Enforcement Services.

126 COMMISSION OF WOMEN FUND The Commission of Women Fund accounts for monies associated with conferences and workshops which address issues such as education, domestic violence, job training, women's rights and responsibilities, accomplishments of women in the Parish, employment and economic status of women in the Parish and other programs serving the best interest of the women of the Parish.

127 SENIOR CITIZEN ACTIVITY FUND The Senior Citizen Activity Fund accounts for tax proceeds used for acquiring, constructing, improving, maintaining, and/or operating public health units and providing supplemental services for senior citizens.

128 REDEDICATION FUND The Rededication Fund was created following the November 2, 2004 election. Rededication funds are transferred to this fund and dispersed accordingly.

129 HEALTH ACTIVITY FUND The fund was created to account for the maintenance of public health activities not captured within the Board of Health Fund. Funding is provided by the 2004 Rededication Fund.

130 HEAD START FUND The Head Start Fund accounts for the financial resources received from the Department of Health and Human Services to provide comprehensive health, education, nutritional, social, and other services primarily to economically disadvantaged preschool children so that the children will attain social competence

131 CHILD/ADULT CARE FOOD PROGRAM (CACFP) - HEADSTART FUND CACFP - Head Start is a nutrition program that accounts for the financial resources from the U.S. Department of Agriculture through the State of Louisiana Department of Education for those persons in the Head Start program. The provider is reimbursed for the meals they serve these children.

141 CHILD/ADULT CARE FOOD PROGRAM (CACFP) - OCA FUND CACFP is a nutrition program that accounts for the financial resources from the U.S. Department of Agriculture through the State of Louisiana Department of Education for those persons that care for children in their homes. The provider is reimbursed for the meals they serve these children.

142 LAFOURCHE COMMUNITY ACTION AGENCY (LCAA) OPERATING FUND The Operating Fund accounts for community action resources received from the Parish and other resources not required to be accounted for in other community action funds.

143 WEATHERIZATION GRANT FUND The Weatherization Fund accounts for the financial resources received from the U.S. Department of Energy through the State of Louisiana Department of Social Services for the development, administration, and management of weatherization assistance to aid low-income persons.

144 LOW INCOME HOME ENERGY ASSISTANCE PROGRAM (LIHEAP) GRANT FUND LIHEAP accounts for the financial resources received from the Department of Energy through the State of Louisiana Department of Social Services to assist households in meeting the costs associated with heating and cooling. Participants must show financial need and meet the state income guidelines.

93



145 COMMODITIES FUND The Commodities Fund accounts for the financial resources received to assist families throughout the Parish with commodities.

146 MEDICAID ENROLLMENT CENTER PROGRAM FUND The Medicaid Enrollment Center Program fund accounts for services provided in assisting families with enrollment.

150 COMMUNITY SERVICES BLOCK GRANT (CSBG) FUND The CSBG Fund accounts for the financial resources from the U.S. Department of Health and Human Services through the State of Louisiana, Department of Labor, and the Parish to provide for community based programs that assist in ameliorating the causes and consequences of poverty

154 TEMPORARY ASSISTANCE FOR NEEDY FAMILIES (TANF) FUND TANF accounts for the financial resources received from the Department of Health and Human Services through the State of Louisiana Department of Social Services to provide temporary assistance and work opportunities to needy families.

160 ROAD SALES TAX DISTRICT A FUND The Road Sales Tax District A Fund accounts for the sales tax collections of the consolidation of Road Sales Tax Districts 3, 5 and 6. The consolidation of these districts occurred on October 1, 2007. These funds are dedicated and used for the purpose of constructing, improving, maintaining, and resurfacing public roads in this district. This tax is also authorized to pay incidental drainage costs associated with the road projects and to pay bonded debt incurred from time to time for such capital projects.

161 ROAD SALES TAX DISTRICT 2 FUND The Road Sales Tax District 2 Fund accounts for the sales tax collections of Road Sales Tax District 2. The sales tax rate change from one percent to one-half percent occurred on January 1, 2008; therefore a new fund was created to account for these monies separately. These funds are dedicated and used for the purpose of constructing, improving, maintaining, and resurfacing public roads in this district. This tax is also authorized to pay incidental drainage costs associated with the road projects and to pay bonded debt incurred from time to time for such capital projects.

181 COASTAL ZONE MANAGEMENT FUND The purpose of the Coastal Zone Management Fund is for operating and/or managing a local wetlands management program. This program is to address land loss and protect natural resources while promoting energy activities.

183 CHRISTMAS TREE PROGRAM FUND The purpose of the Christmas Tree Program Fund is to fund local wetland restoration efforts. Lafourche Parish has three sediment fences constructed out of Christmas trees. Also, this funding can be used to plant marsh vegetation.

184 MMS CIAP PROJECT FUND The Coastal Impact Assistance Program (CIAP) fund accounts for grant funds from Mineral Management Service. CIAP provides grants to eligible States and Coastal Political Subdivisions for purposes such as conservation, protection, restoration of coastal areas, mitigation of damage to fish, wildlife, or natural resources; planning assistance and the administrative costs of complying with CIAP; implementation of a federally-approved marine, coastal, or comprehensive conservation management plan; and mitigation of the impact of OCS activities through funding of onshore infrastructure projects and public service needs. The five projects that Lafourche Parish Government has decided on are: Maritime Forest Ridge Restoration, Small Dredge Project, LA 1 Improvements, Mississippi River Long Distance Sediment Pipeline, and Northwest Little Lake Creation and Enhancement.

94



185 BEACHFRONT DEVELOPMENT COMMISSION FUND The purpose ofthe Beachfront Development Commission is to maintain and preserve beaches for use and enjoyment of the citizens and to develop, operate and maintain recreational facilities and provide for related activities to promote recreation, outdoor activities and water sports on beaches within the District for residents of the district and visitors to the district.

194 DOTD/DNR FUND The DNR Local Permit Office Project accounts for funding received from the State of Louisiana Department of Natural Resources to establish a local permit infonnation and training center, where prospective applicants can meet with a permitting expert for assistance in finding out what permits they need and to help them prepare applications.

196 FEMA ACQUISITION FUND This purpose of the FEMA Acquisition Fund is to account for FEMA Projects funding the acquisition, demolition or reconstruction of repetitive flooding homes.

801 HURRICANE RELIEF FUND The purpose of the Hurricane Relief Fund to account for funding received through donations/grants for the assistance of citizens affected by hurricanes.

95

/SA-^^~^. \ < y \

i ^ S E A L ] % \

96

LAFOURCHE PARISH GOVERNMENT Combining Balance Sheet

Non-Major Special Revenue Funds December 31, 2008

Schedule 3.1

101 102 103 104


Total Assets

LIABILITIES Accounts Payable Contracts and Retainages Payable Salaries and Benefits Payable Due to Other Funds Due to Other Govemmental Units Other Cunent Liabilities

Total Liabilities

Animal Control

$ 65

5 89.453

-

$ 89,523

$ 4,498

-5,685

-15,574

-

25,757

Building and Maintenance

$

S

s

60 1,396,171

-366

1,396,597

101,116 48,000 12,493

234,723

--

396,332

1

$

$

$

—

Roads and Bridges

. 2,291

2,095,800

--

2,098,091

47,317 13.054

102.080 404,013

-125

566,589

IV

$

$

$

Drainage laintenance

. 14,088

2,653,348 32,061 97,382

2,796,879

227,476 (18)

74,443

--

301,901

FUND BALANCES Fund Balances (Accumulated Deficits):

Unreserved and Undesignated Total Fund Balances (Accumulated Deficits)

63,766

63,766 1,000,265 1,000,265

1,531,502 1,531,502

2,494,978 2,494,978

Total Liabilities and Fund Balances $ 89,523 $ 1,396,597 $ 2,098,091 $ 2,796,879

(continued)

97



Schedule 3.1

105 106 109 110

ASSETS Cash and Equivalents Investments Receivables Due from Other Funds Other Cun'ent Assets

Total Assets

LIABILITIES Accounts Payable Contracts and Retainages Payable Salanes and Benefits Payable Due to Other Funds Due to Other Govemmental Units Other Current Liabilities

Total Liabilities

Street Light

$ 1,509,190

24,604 579,085

$ 2,112,879


$ 3,364,249

270,462

$ 3,634,711

Board of Health

S 67

466,262

$ 466,329

$

_$_

Recreation

130,208 985,280

1,115,488

64,963

64,963

30,138

10,534 124,618

37,192

8,501 34,395

165,290 80,088


Unresen/ed and Undesignated Total Fund Balances (Accumulated Deficits)

2,047,916 2,047,916

3,634,711 3,634,711

301,039 301,039

1,035,400 1,035,400

Total Liabilities and Fund Balances 2,112,879 $ 3,634,711 $ 466,329 $ 1,115,488

(continued)


Non-Major Special Revenue Funds December 31, 2008 Schedule 3.1

111 112 113 114

ASSETS Cash and Equivalents Investments Receivables Due from Other Funds Other Cunrent Assets

Total Assets

LIABILITIES Accounts Payable Contracts and Retainages Payable Salaries and Benefits Payable Due to Other Funds Due to Other Govemmental Units Other Cun'ent Liabilities

Total Liabilities


$ ----

$

S -----

-

Criminal Jury

S 21,701

$

S

-4,792 3,944

-

30,437

------

-

Criminal Court

$

$

S

193,026 89,678

3 -

282,707

25,355

-10,094

123,629 --

159,078

Special District

$

$

$

1

. 272,718 825,224

--

1,097,942

10,794

-4,601

582,862 -

73,846

672,103


Unresen/ed and Undesignated Total Fund Balances (Accumulated Deficits)

30.437 30.437

123,629 123,629

425,839 425,839

Total Liabilities and Fund Balances $ 30,437 $ 282,707 1.097,942

(continued)

99



Schedule 3.1

115 116 117 118

ASSETS Cash ar>d Equivalents Investments Receivables Due from Other Funds Other Current Assets

Total Assets

Off Duty Witness

$

367 146,744

$ 147,111


$

$


$

$

Planning Commission

$ 92,621

11,751

$ 104,372

LIABILITIES Accounts Payable Contracts and Retainages Payable Salaries and Benefits Payable Due to Other Funds Due to Other Governmental Units Other Cun'ent Liabilities

Total Liabilities

$ 4,200

4,200

862

1,466

2,328

FUND BALANCES Fund Balances (Accumulated Deficits);


142.911 142.911

102.044 102,044

Total Liabilities and Fund Balances 147,111 $ 104,372

(continued)

100



Schedule 3.1

119 121 124 126

ASSETS Cash and Equivalents Investments Receivables Due from Other Funds Other Cun-ent Assets

Library Commission

740,667

Dnjg Court -Supreme Court

101,535

IV-D Grant

18,189

Commission of Women

1,106

Total Assets

LIABILITIES Accounts Payable Contracts and Retainages Payable Salaries and Benefits Payable Due to Other Funds Due to Other Governmental Units Other Current Liabilities

Total Liabilities

$

$

740,667

1,406 33,242

-105,454

--

140,102

$

$

101,535

--

20,942 80,593

--

101,535

$

$

18,189

241

-11,125 32,007

--

43,373

$

$

1,106

------.


Unreserved arid Undesignated Total Fund Balances (Accumulated Deficits)

600,565 600,565

(25,184)

(25,184) 1,106 1,106

Total Liabilities and Fund Balances 740,667 $ 101,535 $ 18,189 1,106

(continued)

101


Non-tv'lajor Special Revenue Funds December 31, 2008

Schedule 3.1

127 128 129 130


Total Assets


Total Liabilities



Senior Citizen Activity

S 96 -

429,729

$ 429,825

$

--

:

-

Rededication

$

$

S

1,889 1,375,317

-

1,377,206

-

-1,163,656

-

1,163,656

Health Activity

S

$

$

11 -

161,297

161,308

167,202

2,522 -

:

169,724

Head Start

$

$

$

33,190 -

147,833 14,447

195,470

83,504

79,414 20,456 12,096

195,470

429.825 213,550 (8,416)

429.825 213,550 (8,416)

Total Liabilities and Fund Balances $ 429,825 1,377,206 $ 161,308 $ 195,470

(continued)

102



Schedule 3.1

131 141 142 143

CCFP Head start

ASSETS Cash and Equivalents Investments Receivables Due fi-om Other Funds Other Current Assets

Total Assets

LIABILITIES Accounts Payable Contracts and Retainages Payable Salaries and Benefits Payable Due to Ottier Funds Due to Otf^r Governmental Units Other Current Liabilities

Total Liabilities

CACFP-OCA LCAA

Operating

30.009

Weatherization Grant

$

$

14,447

--

14,447

-

-14.447

-

14,447

$

$

17,501

-221

17,722

11,995

2,458 5,686

59

20,198

$

$

-60,612

-

90,621

4,210

289 -

_

4,499

$

$

20,818

--

20,818

7,667

1,359 76,469

.

85,495



(2,476)

(2,476)

86,122 86.122

(64,677)

(64,677)

Total Liabilities and Fund Balances 14,447 S 17,722 $ 90,621 20.818

(continued)

103


Non-Major Special Revenue Funds December 31. 2008

ASSETS Cash ar>d Equivalents Investments Receivables Due from Other Funds Other Cunent Assets

Total Assets


Total Liabilities

144

LIHEAP Grant

S -

156,700 --

$ 156,700

$ 1,878

--

140,257 --

142,135

145

Commodities

$

$

$

-

--

11

-----

11

s

$

$

146 Medicaid

Enrollment Center

. ----

29

-----

29

$

$

$

Schedule 3.1

150

CSBG

14,402

-18,017

--

32,419

1,789

-8,145

22,083 --

32,017



14,565

14,565 (11) (11)

(29)

(29) 402 402

Total Liabilities and Fund Balances $ 156,700 $ $ 32,419

(continued)

104



Schedule 3.1

154 160 161 181

ASSETS Cash arKj Equivalents Investments Receivables Due from Other Funds Other Current Assets

TANF

$ -

4,775

-

Road Sales Tax District A

$ 2,390,932

320,752

-


$ 2,613,643

253,880 267


$ 32,062 1,332,364

13,016 45,834

Total Assets 4.775 $ 2,711,684 2,867,790 S 1,423,276

LIABILITIES Accounts Payable Contracts and Retainages Payable Salaries and Benefits Payable Due to Other Funds Due to Other Govemmental Units Other Current Liabilities

Total Liabilities

236

3,286

3.522

1,540,539

1,540,539

846

2,592

3,438



1,253 1,253

1,171,145 1,171,145

2,867,790 2,867.790

1,419,838 1,419,838

Total Liabilities and Fund Balances 4,775 $ 2,711,684 $ 2,867,790 $ 1,423,276

(continued)

105



Schedule 3.1


Total Assets


Total Liabilities

183

Christmas Tree Program

184

MMS CIAP Project

185 Beachfront

Development Commission

194

DOTD/DNR

28,159

559

620

69,671

8,641 645

8.630

$

$

28,159

61

.

$

$ 8,641

_

$

S

69,671

541

104

s

$

8,630

_

.

8,630

8,630



27,539 27,539

(8,641) (8,641)

69,026

69.026

Total Liabilities and Fund Balances $ 28,159 $ 69,671 $ 8,630

(continued)

106



Schedule 3.1

196 801


Total Assets


Total Liabilities

FEMA Acquisition

-522,087

--

$ 522,087

$ 4,009

-104,603

-599

109,211

Hurricane Relief

$ 2

----

$ 2

$ ------

s

$

s

—

Total

159,525 11,917,518 12,267,065 1,925,096

97,969

26,367,173

844,168 98,287

357,381 4,815,801

36,300 74,629

6,226,566



412,876 412,876

20,140,607 20,140,607

Total Liabilities and Fund Balances $ 522,087 2 $ 26,367,173

107

LAFOURCHE PARISH GOVERNMENT Combining Statement of Revenue, Expenditures, and Changes in Fund Balance


Non-Major Govemmental -Special Revenue Funds 101 102 103

Schedule 3.2

104

REVENUES Taxes


Intergovernmental from: Federal State of LA Local

Charges for Services Fines and Forfeitures Interest Other

Total Revenues

EXPENDITURES Cun'ent - General Govemment:

Judicial Public Worics Health & Community Services Culture and Recreation


Animal Control

S --

---

16,258

-1

355 16,614

--

276,448

--

276,448

Building and Maintenance

$ 1,349,576

-

51,209 108,765

-43,475

-4,600

-1,557,625

-1,492,164

--

3,650 1,495,814

Roads and Bridges

$ 2,067,940

-

-811,836

---

12,313 27.032

2,919,121

-3,440,576

---

3,440,576

Drainage Maintenance

$ 2,685,034

-

6,435 186,079

-46,531

-11,667

-2,935,746

-4,364,996

--

20,541 4,385,537

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (259,834) 61,811 (521,455) (1,449,791)

OTHER FINANCING SOURCES (USES) Bond Issue Costs Transfers In Transfers Out Total other financing sources (uses)

300,000

300,000

1,160,236 (1,023,882)

136,354

300,000 (213,738)

86,262

2,040,000 (269,573)

1,770,427



40,166

23,600 63,766

198,165

802,100 1,000,265

(435,193)

1.966,695

320,636

2,174,342 $ 1,531,502 $ 2,494,978

(continued)

108



Non-Major Govemmental -Special Revenue Funds 105 106 109 110

Schedule 3.2

Street Light REVENUES

Taxes Ad Valorem Sales and Use



Total Revenues

EXPENDITURES Cunent - General Govemment'

Judicial Public Wort<s Health & Community Services Culture and Recreation







522,013

Board of Health

74.502

38,845 1,875

115.222

747,687

76.186

598,199

5.861

442,290 $

53,416

4.003

499,709

Recreation

895,825

191,112 100,299

1,050

7,863

1,196,149

---

747,687

(632,465)

583,875 -

583,875

(48,590)

2,096,506 $ 2,047,916 a

---

5,861

592,338

270,515 (421,785) (151,270)

441,068

3,193,643 ; 3,634,711 $

711,745

-26,224

737,969

(238,260)

20,000

-20,000

(218,260),

519,299 301,039 S

-855,744

-855,744

340.405

30,000 (38,371) (8.371)

332,034

703,366 1,035,400

(continued)

109




Schedule 3.2

114 115

REVENUES Taxes


Intergovemmental from: Federal State of LA Local


Total Revenues





OTHER FINANCING SOURCES (USES) Bond Issue Costs Transfers In Transfers Out Total ottier financing sources (uses)



Road Sales Tax District 3 Criminal Jury Criminal Court

4.635

4,635

4,635

(477,836)

57,901 102

58,003

27,265

27,265

30,738

42,395

936,161 5,285

983,841

849,159

849,159

134,682

(123,629)

Special Distnct 1 Off Duty V\/itness

$ 781,729 $

1,275

7,104

790.108

190,299

190,299

599.809

(583,875)

71,723

71,723

20,350

20,350

51,373

$

(477,836)

(473,201)

473,201 S

-

30,738

(301) 30,437 $

(123,629)

11,053

112,576 123,629 _$_

(583,875)

15,934

409,905 425,839 $

-

51,373

91,538 142,911

(continued)

110



Non-Major Govemmental -Special Revenue Funds 117 118

Schedule 3.2

119

REVENUES Taxes


Intergovemmental from: Federal State of lA Local




Planning Commission

1,888 9,377 2,551

Library Commission

485,407

18,325

2,245 1,447,914

Total Revenues








1,888

-3,405

---

3,405

(1,517)

--

(285,747) (285,747)

(287,264)

287,264

s - $

11,928

-854

---854

11,074

--

(825,154) (825,154)

(814,080)

814,080

$

20,570

--

10,051

--

10,051

10,519

---

10,519

91,525 102,044

1,933,321

---

127,821

-127,821

1,805,500

-(1,191,762) (1,191,762)

613,738

(13,173) $ 600,565

(continued)

111




Schedule 3.2

127

REVENUES Taxes


Intergovernmental from' Federal State of LA Local


Total Revenues

Dmg Court -Supreme Court

434,483 10,900

445.383

IV-D Grant

214,767

214.767

Commission of Women

Senior Citizen Activity

331

331





445.383

445,383

243,635

243,635

(28,868)

9,706

9,706

(9.706)

786,188

786,188

(785,857)




7,603 10,000 325,748

$

7,603

(21,265)

(3,919) (25,184) $

10,000

294

812 1,106 $

(coi

325,748

(460,109)

889,934 429,825

ntinued)

112




Schedule 3.2

131

REVENUES Taxes




Total Revenues

Rededication Health Activity

22,840

1,454,889

1,432,049 S

Head Start

2,459.895

526,099

1,125

2.987.119

CCFP Headstart

150.078

150.078


Judicial Public V\/orks Health & Community Services Culture and Recreation






271

271

1,454,618

(1,382,340) (1,382,340)

72,278

141,272 $ 213,550 $

941,763

941,763

(941,763)

797,293 (320,000) 477.293

(464,470)

456,054 (8,416) 9

3,065,119

3,065,119

(78,000)

78,000

78.000

)

150.078

150,078

-

-

-

$

(continued)

113




Schedule 3.2

144

REVENUES Taxes


Intergovernmental from: Federal State of U\ Local


Total Revenues

CACFP-OCA LCAA Operating

207,123

207,123

21,349

2,000

934

24,283

V^eatherization Grant

83,354

83,354

LIHEAP Grant

505,707 5.000

510,707

EXPENDITURES Current - General Government:

Judicial Public V^ortcs Health & Community Services Culture and Recreation


206,763

206.763

43.667

43,667

150,829

150,829

505,707

505,707

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES 360 (19,384) (67,475) 5,000




58,000

$

-

360

(2,836) (2.476) J

58,000

38,616

47,506 86,122 $

-

(67,475)

2,798 (64,677) $

(conti

-

5,000

9,565 14,565

nued)

114



Schedule 3.2

Non-Major Govemmental -Special Revenue Funds

REVENUES Taxes




Total Revenues

145

Commodities

146

Medicaid Enrollment

Center

150

CSBG

234,880

154

TANF

22,591

234,880 22,591


Judicial Public V\/ortcs Health & Community Services Culture and Recreation



237,126

237,126

(2,246)

21,364

21,364

1,227




(11) _ (11) $

(29) (29) $

-

(2,246)

2,648 402

-

1,227

26 $ 1,253

(continued)

115



Non-Major Govemmental -Spedal Revenue Funds 160 161 181

Schedule 3.2

183

Road Sales Tax District A



Christmas Tree Program

REVENUES Taxes




Total Revenues


Judidal Public Wori<s Health & Community Sen/ices Culture and Recreation






$ - a 3,751,604

-----

24,971 3,718

3,780,293

-38,829

---

38,829

3,741,464

-(2,474,842) (2,474,842)

1,266,622

(95,477) $ 1,171,145 i

; 2,877,863 $

-

-----

20,858

-2,898,721

-30,931

---

30,931

2,867,790

--

2,867,790

-£ 2,867,790 I

-

62,104

-18,495 25,893

-31,382

-137,874

--

115,580

--

115,580

22,294

79,355

-79,355

101,649

1,318,189 I 1,419,838

$

$

(conti

--

-18,000

-----

18,000

--

18,139

--

18,139

(139)

---

(139)

27,678 27,539

nued)

116



Non-Major Govemmental -Special Revenue Funds

REVENUES Taxes



Charges for Services Fines and Fori'eitures Interest Other

Total Revenues

184

21,300

21.300

185 194 196

Schedule 3.2

MMS CIAP Project

Beachfront Development Commission DOTD/DNR

FEMA Acquisition

1,039.369

1,039,369


Judidal Public Worics Health & Community Services Culture and Recreation



29,941

29,941

(8,641)

10,356

10,356

(10,356)

132,783

652.415 785,198

254,171


54,670

54,670



(8,641)

(8,641)

44,314

24,712 69,026 $

254,171

158,705 412,876

(continued)

117



Non-Major Govemmental -Spedal Revenue Funds 801

Schedule 3.2

REVENUES Taxes


Intergovemmental from: Federal State of U\ Local


Total Revenues


Judicial Public W/ori<s Health & Community Sen/ices Culture and Recreation



Hunicane Relief

$ -

--------

------

-

Total

$ 13,539,726 3,751,604

5,012,615 1,836,271

814,656 152,807

1,065,785 286,496

1,485,504 27,945,464

1,585,792 10,685,511 6,257,821 1,779,459

702,830 21,011,413

6,934,051


6,107,692 (9,624,931) (3,517,239)



3,416,812

16,723,795 $ 20,140,607

118

LAFOURCHE PARISH GOVERNMENT Fund #101 - Animal Control

Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual For the Year Ended December 31, 2008

REVENUES Charges for Ser 'ices Interest Other

Total Revenues

Original Budget

$ 6,000 200

1,000

7,200

S

Final Budget

15,000 200

1,000

16,200

s

Actual Amounts

16,258 1

355

16,614

Sch.

Vanance Positive

(Negative)

S 1,258 (199) (645)

414

edule 3.3

EXPENDITURES Cun-ent - General Govemment - Health & Community Services:

Personal services and benefits 106,041 Professional services 80,180 Operating services 36,350 Other services 48,934 Supplies 22,100

Total current expenditures Capital Outlay

293,605

113,915 103,029 13,541 58,775 13,860

92,841 108,328 10,447 55,814 9,018

21,074 (5,299) 3,094 2,961 4,842

303.120 276,448 26,672

Total expenditures 293,605 303,120 276,448 26.672

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (286,405) (286.920) (259,834) 27,086

OTHER FINANCING SOURCES (USES) Transfers In from: 129 Health Activities Fund

Total Transfers In Transfers Out to:

300,000 300.000

300.000 300.000

300,000 300,000

Total Transfers Out

Total other finandng sources (uses) 300,000 300,000 300,000

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 13,595 13,080 40,166 27,086

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

23,599

$ 37,194

23,599 23,600 19,100

36,679 $ 63,766 $ 46,186

111

LAFOURCHE PARISH GOVERNMENT Fund #102 - Building Maintenance


Schedule 3.4

REVENUES

Original Budget

Final Budget

Actual Amounts

Variance Positive

(Negative)

Taxes - Ad Valorem Intergovemmental from:

Federal State of LA

Charges for Services Investment Income

$ 1,144,310

68,962 60,000 40,000

1,226,610

157,962 60,000 6,200

$ 1,349,576

51.209 108.765

43.475 4,600

$ 122,966

51,209 (49,197) (16,525) (1,600)

Total Revenues 1.313.272 1,450.772 1,557,625 106,853

EXPENDITURES Current - General Govemment - Public Worics:


582,689 100

697,750 419,247 76,000

611,338 100

771,772 342,725 83,100

446,021 (142)

778,905 192,575 71,862 2,943

165,317 242

(7,133) 150,150 11,238 (2,943)

Total current expenditures

Debt Sen/ice

Capital Outlay

Total expenditures


OVER EXPENDITURES


Transfers In from:

108 Royalty Fund

128 2004 Rededicafion Fund

Total Transfers In

Transfers Out to:

299 Capital Projects Fund

302 COI, Series 1999 - Building Fund

Total Transfers Out


1,775,786

--

1,775,786

(462,514)

850,000

283,585

1,133,585

(300,000)

(319,745)

(619,745)

513,840

1,809,035

-5,000

1,814,035

(363,263)

850,000

310,299

1,160,299

(850,490)

-(850,490)

309,809

1,492,164

-3,650

1,495,814

61,811

849,937

310,299

1,160,236

(704,137)

(319,745)

(1,023,882)

136,354

316,871

-1,350

318,221

425,074

63

-63

(319,745)

(319,745)

(319,682)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 51.326 (53,454) 198,165 105,392

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

802,099 802.099 802,100 (6,535)

853,425 $ 748,645 $ 1,000,265 $ 98,857

120

LAFOURCHE PARISH GOVERNMENT Fund #103 - Roads Bridges


Schedule 3.5

REVENUES Taxes

Ad Valorem Intergovemmental from:

State of lA Interest Other

Original Budget

$ 1,719,385

651,245 4,500

Final Budget

901,245 13,500

Actual Amounts

$ 1,852,410 $ 2,067,940

811,836 12,313 27,032

Variance Positive

(Negative)

215,530

(89,409) (1,187) 27,032

Total Revenues 2,375,130 2,767,155 2,919,121 151.966

EXPENDITURES Current - General Govemment - Public Works:



Operating services

Other services

Supplies

Miscellaneous

Total current expenditures

Capital Outlay

Total expenditures


OVER EXPENDITURES


Transfers In

108 Royalty Fund

Total Transfers In

299 Transfers Out to Capital Projects Fund

Total other finandng sources (uses)

3,061,534

6,000

191,500

273,000

213,000

20,000

3,765,034

5,000

3,770,034

(1,394,904)

300,000

300,000

-

300,000

3,147,726

28,514

202,500

190,763

374,123

18,200

3,961,826

4,400

3,966,226

(1,199,071)

300,000

300,000

(427,605)

(127,605)

2,787,914

21,842

146,813

160,287

316,483

7,237

3,440,576

-

3,440,576

(521,455)

300,000

300,000

(213,738)

86,262

359,812

6,672

55,687

30,476

57,640

10,963

521,250

4,400

525,650

677,616

--

213,867

213,867

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITIJRES AND OTHER USES (1,094,904) (1,326,676) (435,193) 891,483

FUND BALANCES

BEGINNING OF YEAR 1,253.320 1,966,821 1,966,695 1,204,612

END OF YEAR 158,416 $ 640,145 $ 1,531,502 $ 2,096,095

121

LAFOURCHE PARISH GOVERNMENT Fund #104 - Drainage Maintenance


Schedule 3.6

REVENUES Taxes - ad valorem Intergovernmental from:

Federal Govemment State of lA

Charges for Services Interest

Total Revenues

Original Budget

Final Budget

Actual Amounts

Variance Positive

(Negative)

$ 2,205,867

_ 169,453

50,000 3,000

2,428,320

$ 2,442,873

_ 386,106

50,000 13,000

2,891,979

$ 2,685,034

6,435 186,079

46,531 11,667

2,935,746

$ 242,161

6,435 (200,027)

(3,469) (1,333)

43,767

EXPENDITURES Cun-ent - General Govemment - Public Worics:



2.355,435 13,000

710,600 155,632

1,200,200

-

2,487,336 82,175 720,533 138,643

2,248,425 17,124

1,928.928 42,418 593,596 126,340

1,649,931

23.783

558.408 39,757 126,937 12.303

598,494

(6,659)

4,434,867 8.000

5,694,236 35,283

4,364,996 20,541

1,329,240 14.742

Total expenditures 4,442.867 5,729,519 4,385,537 1,343,982

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (2,014,547) (2,837,540) (1,449,791) 1,387,749

OTHER FINANCING SOURCES (USES) Operating Transfers In fi-om: 101 General Fund 108 Royalty Fund

Total Transfers In Operating Transfers Out to: 299 Capital Projects Fund

Total Transfers Out



FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

-1,100,000 1,100,000

(77.710) (77,710)

1,022,290

(992,257)

1,120,471

$ 128,214

50,000 2,210,666 2,260.666

(1,399,523) (1,399,523)

861,143

(1,976,397)

2,174,342

$ 197,945

-2,040,000 2,040,000

(269,573) (269,573)

1,770,427

320,636

2,174,342

$ 2,494,978

(50,000) (170,666) (220,666)

_ -

(220,666)

1,167,083

1,258,307

$ 2^97,033

122

LAFOURCHE PARISH GOVERNMENT Fund #105-Street Lights


REVENUES Intergovernmental from:

State of LA Interest M(sc:ellaneous

Total Revenues

EXPENDITURES Cun'ent - General Govemment - Public Works:

Operating services Other services Supplies Miscellaneous


Total expenditures


Original Budget

$ 70,856 75,000

-

145,856

776,700 7,200 2,500 1,465

787,865

-

787,865

(642,009)

Final Budget

$ 70,856 45,000 3,000

118,856

781,614 4,776

10 1,465

787,865

-

787,865

(669,009)

Actual Amounts

$ 74,502 38,845

1,875

115,222

736,521 4,776

10 6,380

747,687

-

747,687

(632,465)

Schedule 3.7

Variance Positive

(Negative)

-$ 3,646

(6,155) (1,125)

(3.634)

45,093 -(0)

(4,915) 40,178

-

40,178

36,544

OTHER FINANCING SOURCES (USES) 114 Transfers In from Special District 1 Transfers Out

583,875 583,875 583,875

Total other financing sources (uses) 583,875 583,875 583,875

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (58,134) (85,134) (48,590) 36,544

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

2,101,674 2,096,506 2,096.506 121,333

$ 2,043,540 $ 2,011.372 S 2,047,916 $ 157,877

123

LAFOURCHE PARISH GOVERNMENT Fund #106 - Road Sales Tax District 2


Schedule 3.8

REVENUES Taxes - Sales and Use Interest

Onginal Budget

88,000

Final Budget

522,013 88,000

Actual Amounts

522,013 76,186

Variance Positive

(Negative)

(11,814)

Total Revenues 88,000 610,013 598,199 (11,814)

EXPENDITURES Cun'ent - General Govemment - Public Worics:

Professional Service Materials Miscellaneous

Total Public Works Capital outlay

Total expenditures


OTHER FINANCING SOURCES (USES) Transfers In 201 Constnjction - Road Sales Tax District 2 315 COI, Series 2000 District No. 1

Total Tranfers In Transfers Out to: 201 Constnjction - Road Sales Tax District 2 311 Sales Tax Bond 2003 Sinking Fund

Total Tranfers Out


-

--500

500

87,500

--

(2,600,000) (421,785)

(3,021,785)

(3,021,785)

4,698 25,000

-29,698

500

30,198

579,815

250,000 20,515

270,515

(2,989,389) (421.785)

(3,411,174)

(3,140,659)

4,698

-1,163 5,861

-

5,861

592,338

250,000 20,515

270,515

(421,785) (421,785)

(151,270)

-25,000 (1.163)

23,837 500

24,337

12,523

--

2,989,389

-2,989,389

2,989,389

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (2,934,285) (2,560,844) 441,068 3,001,912

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

3,646,665 3,193,644 3,193,643 i l l

712,380 $ 632,800 $ 3,634,711 $ 3,001,911

124

LAFOURCHE PARISH GOVERNMENT Fund #109 - Board of Health

Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual For the Year Ended December 31. 2008

Original Budget

Final Budget

Actual Amounts

Schedule 3.9

Variance Positive

(Negative) REVENUES

Taxes: Ad valorem

Intergovemmental from: $ 376.836 401,926 $ 442,290 40,364

State of LA Interest

Total Revenues

EXPENDITURES Current - General Govemment - Health & Community Services:

Personal services and benefits Operating services Professional services Other services Supplies Miscellaneous

Total Community Services Capital Outlay

50.802 11,000

438,638

371,332 87,600 50,000 61,806 12,900

198.000 781.638 21,800

50,802 6,000

458,728

373,949 158,620 50,000 55,006 16,920

198,000 852,495 32,080

53,416 4,003

499,709

311,118 152,267

-34,713 15,647

198,000 711,745 26,224

2,614 (1,997)

40,981

62,831 6,353

50,000 20.293

1,273

-140,750

5,856

Total expenditures 803,438 884,575 737.969 146,606

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (364,800) (425,847) (238,260) 187,587

OTHER FINANCING SOURCES (USES) 129 Transfers In from 2004 Rededication 20,000 20,000 20,000



FUND BALANCES

BEGINNING OF YEAR 380,515 519,301 519,299 224,972

END OF YEAR 35,715 113,454 $ 301,039 412,559

125

LAFOURCHE PARISH GOVERNMENT Fund #110 - Recreation


REVENUES Taxes - ad valorem Intergovemmental from:

Federal State of LA

Charges for Services Interest

Original Budget

Final Budget

Actual Amounts

Schedule 3.10

Variance Positive

(Negative)

758,267

125,392

20,000

814,292

167,002 107,784

18,500

895,825

191,112 100,299

1,050 7,863

81,533

24,110 (7,485) 1,050

(10,637)

Total Revenues 903,659 1.107,578 1.196,149 88.571

EXPENDITURES Current - General Govemment - Culture and Recreation:

Personal services and benefits Operating services Professional services Other sen/ices Supplies Miscellaneous

Total Culture and Recreation Capital Outlay

Total expenditures


OTHER FINANCING SOURCES (USES) 108 Transfers In from Royalty Fund 299 Transfers Out to Capital Projects Fund



68,884 69,201

-34,720 24,331

715,741 912,877

912,877

(9,218)

-

266,286 173,123 50,227 40,940

156,922 850,033

1,537,531

1,537,531

(429,953)

30,000 (9,998)

20,002

243,753 137,305 29,990 29,844 97,979

316,873 855,744

855,744

340,405

30,000 (38,371)

(8,371)

22,533 35,818 20,237 11,096 58,943

533,160 681,787

681,787

770,358

(28,373)

(28,373)

(9,218) (409,951) 332,034 741,985

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

115,364

106,146

703,367 703,366 503,372

$ 293,416 $ 1,035,400 $ 1,245,357

126



REVENUES Taxes - Sales and Use Interest

Total Revenues


Professional services Total Public Worics

Capital outlay

Total expenditures


Original Budget

$

-

Final Budget

$ 4,635

4,635

:

4,635

Actual Amounts

$ 4,635

4,635

:

4,635

Variance Positive

(Negative)

$

:

Schedule 3.11

OTHER FINANCING SOURCES (USES) Operating Transfers Out to: 160 Road Sales Tax District A (477,836) (477,836)

Total other financing sources (uses) (477,836) (477,836)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (473,201) (473,201)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

473,201 473,201 (21,542)

$ (21,542)

127

LAFOURCHE PARISH GOVERNMENT Fund #112 - Criminal Jury


REVENUES Fines and Fori'eitures Interest

Total Revenues

EXPENDITURES Cun-ent - General Govemment - Judicial:

Other services Capital Outlay

Total expenditures


Original Budget

$ 45.000 150

45,150

45,100

-

45,100

50

Final Budget

$ 53,000 150

53,150

45,100

-

45,100

8,050

Actual Amounts

$ 57.901 102

58,003

27,265

-

27,265

30,738

Schedule 3.12

Variance Positive

(Negative)

$ 4,901 (48)

4,853

17,835

-

17,835

22,688

OTHER FINANCING SOURCES (USES) Transfers In Transfers Out


EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 50 8,050 30.738 22,688

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

2,606 (301)

2,656 $ 7,749

(301) (2,907)

30.437 $ 19,781

128

LAFOURCHE PARISH GOVERNMENT Fund #113 - Criminal Court


REVENUES Fines and Forfeitures Intergovennental-Local Interest Other

Original Budget

S 528,000 60,565

1,200

Final Budget

$ 864,300 60,565 2,725

Actual Amounts

$ 936,161 42,395 5,285

Schedule 3.13

Variance Positive

(Negative)

S 71,861 (18,170)

2,560

Total Revenues 589,765 927,590 983,841 56,251

EXPENDITURES Current - General Govemment - Judicial:



280,267 27,458

101,050 133,728 55,000 12,000

280,268 25,017

105,506 126,928 55,000

216,784

205,143 20,821 71,961 95,762 38,688

416,784

75,125 4,196

33,545 31,166 16,312

(200,000)

609,503 809,503 849,159 (39,656)

Total expenditures 609,503 809,503 849,159 (39,656)

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (19,738) 118,087 134,682 16,595

OTHER FINANCING SOURCES (USES) Transfers In 001 Transfers Out to General Fund 023,629) (123,629)

Total other finandng sources (uses) (123,629) (123,629)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (19,738) 118,087 11,053 (107,034)

FUND BALANCES BEGINNING OF YEAR 21,101 112,576 112,576 46,475

END OF YEAR 1,363 S 230,663 123,629 (60,559)

129

LAFOURCHE PARISH GOVERNMENT Fund #114 - Special Districf 1


REVENUES Taxes - Ad Valorem Fines and Forfeit Interest

Total Revenues

Original Budget

S 648,750 1,500

15,000

665,250

Final Budget

$ 700,300 1,500

15,000

716,800

Actual Amounts

$ 781,729 1,275 7,104

790,108

Schedule 3.14

Variance Positive

(Negative)

$ 81,429 (225)

(7,896)

73,308

EXPENDITURES Current - General Govemement - Public Worics

Personal services and benefits Operating services Professional services Other services Supplies


Total expenditures


OTHER FINANCING SOURCES (USES) Transfers In 105 Transfers Out to Street Lights Fund

91,296 26,500 17,500

3,500 7,000

99,807 125,000

17,500 2,545 3,799

107,623 80,131

-2,545

-

(7,816; 44,869 17,500

-3,799

245,796

245,796

419,454

248,651

248,651

468,149

190,299

190,299

599,809

58,352

58,352

131,660

(583,875) (583,875) (583,875)

Total other financing sources (uses) (583,875) (583,875) (583,875)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (164,421) (115,726) 15,934 131,660

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

338,721 409,905

174,300 $ 294,179

409,905 140,459

425,839 $ 272,119

130

LAFOURCHE PARISH GOVERNMENT Fund #115 - Off Duty Witness


REVENUES Fines and forfeitures

Total Revenues


Personal services and benefits Capital Outlay

Total expenditures


Original Budget

$ 55,000

55,000

55,000 -

55.000

-

Final Budget

$ 90,000

90,000

55,000 -

55,000

35,000

Actual Amounts

$ 71,723

71,723

20,350

-

20,350

51,373

Schedule 3.15

Variance Positive

(Negative)

S (18,277)

(18,277)

34,650

-

34,650

16.373


Transfers In

Transfers Out




EXPENDITURES AND OTHER USES 35,000 51,373 16,373

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

35,554

35,554

91,538

126,538

91,538

142,911

55,984

72,357

131


Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual For the Year Ended December 31, 2008 Schedule 3.16

Original Budget

Final Budget

Actual Amounts

Variance Positive

(Negative) REVENUES

Taxes - Sales and Use Interest

Total Revenues


Professional services Miscellaneous

Total cun'ent expenditures Capital outaly

Total expenditures


$ s

-

-

$

1,888

1,888

3.404 3,404

3,404

(1,516)

$ 1,888

1,888

3,405 3,405

3,405

(1,517)

-

(1) (1)

(1)

(1)

OTHER FINANCING SOURCES (USES) Operating Transfers Out to: 160 Road Sales Tax District A

Total Transfers Out (285,747)

(285,747)

(285,747)

(285,747)

Total other financing sources (uses) (285,747) (285,747)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (287,263) (287,264) (1)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

287,263 287,264 3,445

3,444

132



REVENUES Taxes - Sales and Use Interest Other

Total Revenues


Other Total current expenditures

Capital outlay

Total expenditures


Original Budget

$

:

Final Budget

$ 9,377

9,377

854 854

854

8,523

Actual Amounts

$ 9,377 2,551

11,928

854 854

854

11,074

Schedule 3.17

Variance Positive

(Negative)

S

2,551

2,551

:

2,551

OTHER FINANCING SOURCES (USES) Bond Issue Costs Operating Transfers In from:

Reserve Fund - RSTD 6 Resen/e Fund RSTD 3, 5 & 6

Operating Transfers Out to: •160 Road Sales Tax District A

Total Transfers Out


(822,603)

(822,603)

(822,603)

(825,154)

(825,154)

(825.154)

2,551 2,551

2,551

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (814,080) (814,080) 5,102

FUND BALANCES

BEGINNING OF YEAR 814,080 814,080 111,878

END OF YEAR $ 116,980

133

LAFOURCHE PARISH GOVERNMENT Fund #118 - Planning Commission

Schedule of Revenues. Expenditures, and Changes in Fund Balance - Budget and Actual For the Year Ended December 31, 2008

REVENUES Charges for Services Interest Other

Total Revenues

Original Budget

$ 25,000 6,500

31,500

Final Budget

$ 20,000 3,500

23,500

Actual Amounts

$ 18,325 2,245

20,570

Schedule 3.18

Variance Positive

(Negative)

$ (1,675) 1,255

(420)

EXPENDITURES Cun'ent - General Govemment - Health & Community Sen/ices:

Professional services Other services Supplies Miscellaneous


Total expenditures


15,800 6,350 1,600

650 24,400

-

24,400

7,100

15,800 6,350 1,600

650 24,400

-

24,400

(900)

6,000 2,643

-1,408

10,051

-

10,051

10,519

9,800 3,707 1,600 (758)

14,349

-

14,349

13,929

OTHER FINANCING SOURCES (USES) Transfers in Transfers out


EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 7,100 (900) 10,519 13,929

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

79,805

86,905

91,525

90,625

91,525

$ 102,044

83,328

97,257

134

LAFOURCHE PARISH GOVERNMENT Fund #119 - Library Commission


REVENUES Taxes - Ad Valorem Other revenues

Total Revenues

Original Budget

$

Final Budget

$ 6.114,770

6,114,770

Actual Amounts

$ 485,407 1,447,914

1,933,321

Schedule 3.19

Variance Positive

(Negative)

$ 485,407 (4,666,856)

(4,181,449)

EXPENDITURES Current - General Govemment - Culture and Recreation:

Professional Service Other services


Total expenditures


OTHER FINANCING SOURCES (USES) 299 Transfers out to Capital Projects Fund


2,000 5,000 7,000

7,000

6,107,770

(6,094,544) (6,094,544)

8,163 119,658 127,821

127,821

1,805,500

(1,191,762) (1,191,762)

(6,163) (114,658) (120.821)

(120.821)

(4,302,270)

(4,902,782) (4,902,782)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 13,226 613,738 600,512

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

(13,173) (13,173) (13,173)

53 $ 600,565 $ 587,339

135

LAFOURCHE PARISH GOVERNMENT Fund #121 - Drug Court - Supreme Court


REVENUES Intergovernmental from:

State Local

Total Revenues


Personal services and benefits Other services


Total expenditures


OTHER FINANCING SOURCES (USES) Transfers out

Onginal Budget

$ 466.005.00

466.005

466.005

466.005

466.005

Final Budget

$ 455.105 10,900

466,005

466,005 466,005

466,005

Actual Amounts

$ 434,483 10,900

445,383

445,383 445,383

445,383

Schedule 3.20

Variance Positive

(Negative)

$ (20,622)

(20,622)

20,622

20,622

20,622

Total ottier financing sources (uses)


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

136

LAFOURCHE PARISH GOVERNMENT Fund #124-IVD Grant

Schedule of Revenues. Expenditures, and Changes in Fund Balance - Budget and Actual For the Year Ended December 31. 2008


State of LA Other

Total Revenues

Original Budget

$ 240,175

240,175

Final Budget

$ 240.175

240.175

Actual Amounts

$ 214.767

214.767

Schedule 3.21

Variance Positive

(Negative)

$ (25.408)

(25.408)

EXPENDITURES Cun'ent - General Govemment - Judicial:

Personal services and benefits Operating services Other services Supplies


Total expenditures


OTHER FINANCING SOURCES (USES) Transfers In from: 001 General Fund


237,078 2,800 1,400 6,500

247,778

-

247,778

(7,603)

7,603

7,603

237,078 2,800

-7,900

247,778

-

247,778

(7,603)

7,603

7,603

234,514 2,521 1,086 5,514

243,635

-

243,635

(28,868)

7,603

7,603

2.564 279

(1,086) 2,386 4,143

-

4,143

(21,265)

-


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

127

127

(3,920)

(3,920)

(3,919) (4,573)

$ (25,184) $ (25,838)

137

LAFOURCHE PARISH GOVERNMENT Fund #126 - Commission of Women


REVENUES Other

Total Revenues

Original Budget

$

Final Budget

$

Actual Amounts

$

Schedule 3.22

Variance Positive

(Negative)

$

EXPENDITURES Cun-ent - General Govemment - Culture and Recreation

Operating services Supplies Other

Total expenditures


10,000

10,000

(10,000)

10,000

10,000

(10,000)

8,753 953

9,706

(9,706)

1,247 (953)

294

294

OTHER FINANCING SOURCES (USES) Transfers Infom: 001 General Fund Operating Transfers Out

10,000 10,000 10,000


EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 294 294

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

813

813

812

1,106 $

812

1,106

138

LAFOURCHE PARISH GOVERNMENT Fund #127 - Senior Citizen Activity


REVENUES Intergovemmental Interest

Total Revenues

Original Budget

$ 2,000

2,000

s

Final Budget

. 2,000

2,000

Actual Amounts

$ 331

331

Schedule 3.23

Variance Positive

(Negative)

$ (1,669)

(1,669)

EXPENDITURES Current - Culture and Recreation:

Personal services and benefits Professional services Other services Supplies Miscellaneous


Total expenditures


OTHER FINANCING SOURCES (USES) Transfers In from: 127 2004 Rededication

Total Transfers In Transfers Out


40,000

79,000 45,214

680,245 844,459

-

844,459

(842,459)

283,585 283,585

-

283,585

40,000 2,000

64,678 57,536

680,245 844,459

-

844,459

(842,459)

325,748 325,748

-

325,748

37,314 2,000

50.651 65.979

630.244 786.188

-

786,188

(785,857)

325,748 325,748

-

325,748

2,686

-14,027 (8,443) 50,001 58,271

-

58,271

56,602

---


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

791,037 889,935 889,934 (140,472)

232.163 $ 373,224 $ 429,825 $ (83,870)

139

LAFOURCHE PARISH GOVERNMENT Fund #128 - 2004 Rededication


REVENUES Taxes - Ad Valorem Interest

Total Revenues

Original Budget

$ 1,098.339 71,000

1,169,339

Final Budget

$ 1,354,339 30,500

1,384,839

Actual Amounts

$ 1.432,049 22,840

1.454,889

Schedule 3,24

Variance Positive

(Negative)

S 77,710 (7.660)

70,050

EXPENDITURES Current - General Govemment - Health & Community Services: Professional Services Capital Outlay

271 (271)

Total expenditures 271 (271)

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES 1,169,339 1,384,839 1,454,618 69,779

OTHER FINANCING SOURCES (USES) Transfers In Transfers Out to: 102 Building and Maintenance 127 Senior Citizen Activity 129 Health Activity


(283,585) (283,585) (573,711)

(1,140,881)

(1,140,881)

(310,299) (325,748) (746,293)

(1,382,340)

(1,382.340)

(310.299) (325.748) (746.293)

(1,382.340)

(1,382.340)

-

-

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 28,458 2,499 72,278 69,779

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

(28,458) 141,272 141,272 24,730

143,771 $ 213,550 $ 94,509

140

LAFOURCHE PARISH GOVERNMENT Fund #129 - Health Activity


REVENUES Intergovemmental - State of LA $ Interest Miscellaneous

Total Revenues


Personal services and benefits Professional sen/ices Other services Supplies Miscellaneous

Total cunrent expenditures Capital Outlay

Total expenditures


Original Budget

-1.100 8,000

9,100

52,613 539,089

17,575 119,844

3,000 732,121

-

732,121

(723,021)

Final Budget

$ --

57,560 739,841

17,555 73,491 3,000

891,447

-

891,447

(891,447)

Actual Amounts

$ --

60,215 802,644

8,120 70,784

-941,763

-

941,763

(941,763)

Schedule 3.25

Variance Positive

(Negative)

--

(2.655) (62,803)

9,435 2,707 3,000

(50,316)

-

(50,316)

(50,316)

OTHER FINANCING SOURCES (USES) Transfers In 108 Royalty Fund 128 2004 Rededication Fund

Total Transfers In: Transfers Out 101 Animal Control 109 Board of Health


573,711 573,711

(300,000) (20,000)

253,711

51,000 746,293 797,293

(300,000) (20,000)

477,293

51,000 746,293 797,293

(300.000) (20,000)

477.293

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (469,310) (414,154) (464,470) (50,316)

FUND BALANCES

BEGINNING OF YEAR 469,310 456,054 456,054 9,300

END OF YEAR $ 41,900 $ (8,416) (41,016)

141

LAFOURCHE PARISH GOVERNMENT Fund #130-Head Start


Schedule 3.26

Variance

REVENUES Intergovernmental from: Federal Government Local Revenues - In Kind Volunteer Services Other

Total Revenues

Original Budget

$ 2,484,634 621,159

3,105,793

Final Budget

$ 2,467,664 616,916

1,125

3,085,705

Actual Amounts

$ 2,459,895 526,099

1,125

2,987,119

Positive (Negative)

$ (7,769) (90,817)

(98,586)


Personal services and benefits Operating ser/ices Professional services Other sen/ices Supplies Miscellaneous


Total expenditures


OTHER FINANCING SOURCES (USES) 001 Transfers In from General Fund


2,063,905 130,615

6,500 175,706 254,793 627,274

3,258,793

3,258,793

(153,000)

153,000

153,000

2,014,416 156,245

3,950 151,574 214,694 622,826

3,163,705

3,163,705

(78,000)

78,000

78,000

2,013,981 157,214

3,945 145,189 204,037 540,753

3,065,119

3,065,119

(78,000)

78,000

78,000

435 (969)

5 6,385

10,657 82,073 98.586

98,586

.


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

142

LAFOURCHE PARISH GOVERNMENT Fund #131 - Head Start Child/Adult Food Program


REVENUES Intergovemmental - Federal Government

Total Revenues

Original Budget

$ 190.000

190,000

Final Budget

S 170,000

170,000

Actual Amounts

$ 150,078

150,078

Schedule 3.27

Variance Positive

(Negative)

$ (19,922)

(19,922)

EXPENDITURES Current - General Govemment - Health & Community Services: Supplies 190,000 Capital Outlay -

170,000 150,078 19,922

Total expenditures 190,000 170,000 150,078 19,922



Total ott>er financing sources (uses)


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

143

LAFOURCHE PARISH GOVERNMENT Fund #141 - Child Adult Care Food Program


REVENUES Intergovernmental Federal Government

Total Revenues

Original Budget

$ 439,922

439,922

Final Budget

$ 270,702

270,702

Actual Amounts

$ 207,123

207,123

Schedule 3.28

Variance Positive

(Negative)

$ (63,579)

(63,579)


Personal services and benefits 38,965 Operating services 4,250 Professional services 167 Other services 4,850 Supplies 389,190 Miscellaneous 2,500

Total Community Services Capital outlay

439,922

43,909 2,585

12 6,301

214,495 3,400

34,505 2,231

24 5,371

161,333 3,299

9,404 354 (12) 930

53,162 101

270,702 206,763 63,939


EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES 360 360



EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 360 360

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

(2.835)

(2,835)

(2,835) (2,836)

(2,835) $ (2,476) $ 360

144

LAFOURCHE PARISH GOVERNMENT Fund #142 - Community Action Agency


REVENUES Intergovemmental

Federal Local

Other Revenues

Original Budget

S 45,000

-

Final Budget

$ 21,349 2,000

798

Actual Amounts

$ 21,349 2,000

934

Schedule 3.29

Variance Positive

(Negative)

$ -136

Total Revenues 45,000 24,147 24,283 136


Personal services and benefits Miscellaneous


Total expenditures


OTHER FINANCING SOURCES (USES) 001 Transfers In fi-om General Fund


5,916 46,515 52,431

-

52,431

(7,431)

8,000

8,000

5,916 85,662 91,578

-

91,578

(67,431)

58,000

58,000

16,559 27,108 43,667

-

43,667

(19,384)

58,000

58,000

10,643 (58,554) (47,911)

-

(47,911)

48,047

-

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 569 (9,431) 38,616 48,047

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

55,620

56,189

47,507

38,076

47,506 (8,114)

$ 86,122 $ 39,933

145

LAFOURCHE PARISH GOVERNMENT Fund #143 - Weatherization Grant


REVENUES Intergovernmental - Federal Government

Total Revenues

Original Budget

$ 84,658

84,658

Final Budget

$ 127,056

127,056

Actual Amounts

$ 83,354

83,354

Schedule 3.30

Variance Positive

(Negative)

$ (43,702)

(43,702)


Personal services and benefits 19,520 Operating services 8,400 Professional services 3,160 Other services 15,662 Supplies 37,916 Other -


84,658

44,660 20,309

148 27,891 34,048

-

25,331 22,328

48 5,762

29,886 67,474

19,329 (2,019)

100 22,129

4,162 (67,474)

127,056 150,829 (23,773)

Total expenditures 84,658 127,056 150,829 (23,773)

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (67,475) (67,475)




FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

2,798

2,798

2,799

2,799

2,798 (1)

$ (64,677) $ (67,476)

146

LAFOURCHE PARISH GOVERNMENT Fund #144 - Low Income Home Energy Assistance


Schedule 3.31

Original Budget


Federal Govemment State of LA

$ 252.643

Final Budget

520,614 5,000

Actual Amounts

505,707 5.000

Variance Positive

(Negative)

$ (14,907)

Total Revenues 252,643 525,614 510,707 (14,907)

EXPENDITURES Cunrent - General Govemment - Health & Community Services:

Personal services and benefits Other services Operating services

Total current Capital Outlay

Total expenditures




43,023

209,620 252,643

252,643

-

53,763 5,000

475,588 534,351

534,351

(8,737)

39,982

465,725 505,707

505,707

5,000

13,781 5.000 9,863

28,644

28,644

13,737

-

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (8,737) 5,000 13,737

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

827

827

9,564

827

9,565

14,565

8,738

22,475

147

LAFOURCHE PARISH GOVERNMENT Fund #150 - Community Services Block Grant

Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual

For the Year December 31. 2008 Schedule 3.32

REVENUES Intergovemmental - Federal Govemment

Original Budget

$ 253,881

Final Budget

253,881

Actual Amounts

$ 234,880

Variance Positive

(Negative)

(19,001)

Total Revenues 253,881 253,881 234,880 (19,001)


Personal services and benefits Operating services Professional services Other services Supplies Other

Total Current

199,499 2,765

-23,700

7,160 20,757

177,935 1,613

72 32,175 9,885

32,201

160,468 1,613

72 33,463 9,292

32,218

17,467

--

(1,288) 593 (17)

253,881 253,881 237,126 16,755

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (2,246) (2,246)




FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

1,128

1,128

2,646

2,646

2,648 1,522

$ 402 $ (724)

148

LAFOURCHE PARISH GOVERNMENT Fund #154 -Temporary Assistance for Needy Families

Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual For the Year December 31, 2008

Schedule 3.33

REVENUES Intergovemmental - State of LA

Total Revenues

Original Budget

$ 20,000

20,000

Final Budget

$ 40.000

40.000

Actual Amounts

22.591

Vanance Positive

(Negative)

$ 22,591 $ (17.409)

(17,409)

EXPENDITURES Current - General Govemment - Health &. Community Services:

Personal services and benefits Operating services Other services Supplies

11,869 1.300 5,831 1,000

28,094 600

5,688 5,618

16,444 204 607

4,109

11,650 396

5,081 1,509


EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES 1,227 1,227



EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 1,227 1,227

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR s

27

27 J_.

28

28

26

S 1,253 $

(1)

1,226

149

LAFOURCHE PARISH GOVERNMENT Fund #160 - Road Sales Tax District A


REVENUES Taxes - Sales & Use Interest Other Revenues

Total Revenues

EXPENDITURES

Cun-ent - General Govemment - Public Worics Employee benefits Professional services Other services

Total current Debt Service

Original Budget

$ 3,292,677

27,800

-

3,320.477

18 37,150 85,500

122,668

-

Final Budget

$ 3,631,177

27,800

-

3,658,977

18 40,196 85,500

125,714

-

Actual Amounts

$ 3,751,604 24,971

3,718

3,780,293

-38,279

550 38,829

-

Schedule 3.

Variance Positive

(Negative)

$ 120,427

(2,829) 3,718

121,316

18 1,917

84,950 86,885

-

Total expenditures


122,668

3,197,809

125,714

3,533,263

38,829

3j41,464

86,885

208,201

OTHER FINANCING SOURCES (USES) Transfers In from: 111 Road Sales Tax District 3 116 Road Sales Tax Distnct 5 117 Road Sales Tax District 6 303 Sinking-Road Sales Tax 3 304 Reserve-Road Sales Tax 3 305 Sinking-Road Sales Tax 5 307 Sinking-Road Sales Tax 6 309 Resen/e-Refundtng 2001 Rd 310 Debt Service Fund-Series 2001 313 Reserve-2005 Rd Bonds D 3,5, &6

Total Transfers In Transfers Out to: 108 Royalty Fund 206 Constmction - RSTD 3 5 & 6 299 Capital Projects Fund 302 Sinking Fund - RSTD 3 5 & 6 317 Consolidated STD A Sinking Fund

Total Transfers Out


--

--

--

73,000 73,000

(1,370,115) (800,000)

(25,000) (554,907)

(1,636,600) (4.386,622)

(4,313,622)

477,836 285,747 822,603

62,551 19,291 55,352 34,923

5,167 17,902

40,700 1,822,072

(1,370,115) (1,162,476)

(50,000) (554,907)

(1,636,600) (4,774,098)

(2,952,026)

477,836 285,747 825,154

62,551 19,291 55,352 34,923

5,167 17,902 36,234

1,820,157

(1,370,115) (732,577)

-(555,707)

(1,636,600) (4,294,999)

(2.474,642)

--

2,551

------

(4,466)

(1,915)

-429,899

50,000 (BOO)

-479,099

477,184

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (1,115,813) 581,237 1,266,622 685,385

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

1,459,355 95.477 (95,477) (194.734)

$ 343,542 $ 676,714 $ 1,171,145 $ 490,651

150



Schedule 3.35

REVENUES Taxes Sales and Use Intergovemmental - State In-Kind Contribution Interest

Total Revenues

Original Budget

Final Budget

Actual Amounts

Variance Positive

(Negative)

$ 2,432,743

'

35,000

2,467,743

$ 2,737,743 10,000

35,000

2,782,743

$ 2,877,863

-

20,858

2,898,721

S 140,120 (10,000)

(14,142)

115,978

EXPENDITURES Cun'ent - General Govemment - Public V^ort<s:

Professional services Other service Other

Total Current Capital Outlay

Total expenditures


OTHER FINANCING SOURCES (USES) Transfers In 201 Transfers Out: Constmction Rd Tax District 2 (2,100,000) (2,313,154)

34,110

34,110

34,110

2,433,633

36,855

36,855

36,855

2,745.888

30,654 44

233 30,931

30,931

2,867,790

6.201 (44)

(233) 5,924

5,924

121,902

2,313,154

Total other finandng sources (uses) (2,100,000) (2,313,154) 2,313,154

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 333,633 432,734 2,867,790 2,435,056

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR $ 333,633 $ 432,734 $ 2,867,790 S 2,435,056

151

LAFOURCHE PARISH GOVERNMENT Fund #181 - Coastal Zone Management


REVENUES Intergovernmental - Federal Govemment Charges for Sen/ices In-Kind Contribution Interest

Total Revenues

Original Budget

$ 65,000

-18,495

-

83,495

Final Budget

$ 65.000 30,000 18,495 34,000

147,495

Actual Amounts

$ 62,104 25,893 18,495 31,382

137,874

Schedule 3.36

Variance Positive

(Negative)

$ (2,896) (4,107)

-(2,618)

(9,621)

EXPENDITURES Cunrent - General Govemment - Health & Community Services:


Total Conservation Capital Outlay

112,837 5,800

30.000 16,340 12,900 38,496

119,702 5,800

30,000 13,840 15.400 38,496

69,032 2,182

(13,800) 9,442

10,228 38,496

50,670 3,618

43.800 4,398 5,172

-216,373 223,238 115,580 107,658


EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (132,878) (75,743) 22,294 98,037

OTHER FINANCING SOURCES (USES) 001 Transfers In fi-om General Fund 299 Transfers Out to Capital Fund

79,355 79,355 (1,225,000)

79,355 1,225,000

Total other financing sources (uses) 79,355 (1,145,645) 79,355 1,225,000

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (53,523) (1,221,388) 101,649 1,323,037

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

65,973 1,318,188 1,318,189

$ 12,450 $ 96,800 $ 1,419,838

1,285,088

$ 2,608,125

152

LAFOURCHE PARISH GOVERNMENT Fund #183 - Christmas Tree Program

Schedule of Revenues. Expenditures, and Changes in Fund Balance - Budget and Actual

For the Year Ended December 31. 2008

REVENUES Intergovernmental - State of LA

Total Revenues

Original Budget

$ 18,000

18,000

Final Budget

$ 18,000

18,000

Actual Amounts

$ 18,000

18,000

Schedule 3.37

Variance Positive

(Negative)

$

EXPENDITURES

Current - General Govemment - Health & Community Services:

Operating services Professional services Other services Supplies Miscellaneous

Total Current Capital Outlay

Total expenditures




2,000 16,272

200 10

18,482

18,482

(482)

2,000 16,272

200 10

18,482

18,482

(482)

1,055 16,000

525

559 18,139

18,139

(139)

945 272

(325) 10

(559) 343

343

343



EXPENDITURES AND OTHER USES (482) (482) (139) 343

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

24,587

24,105

27,677

27,195

27,678 3.091

27.539 $ 3,434

153

LAFOURCHE PARISH GOVERNMENT Fund #184- MMS CIAP Project


REVENUES Intergovemmental - State of LA

Total Revenues

Original Budget

$ 4,697,996

4,697,996

Final Budget

$ 1,000,000

1,000,000

Actual Amounts

$ 21,300

21,300

Schedule 3,38

Variance Positive

(Negative)

$ (978,700)

(978,700)


Miscellaneous Total Cun'ent

Capital Outlay

Total expenditures


4,697,996 4,697,996

4,697,996

1,000,000 1,000,000

1,000,000

29,941 29,941

29,941

970,059 970,059

970,059

(8,641) (8,641)




FUND BALANCES

BEGINNING OF YEAR

END OF YEAR $ (8,641) $ (8,641)

154

LAFOURCHE PARISH GOVERNMENT Fund #185 - Beachfront Development Commission


Schedule 3.39

Original Budget

Final Budget

Actual Amounts

Variance Positive

(Negative) REVENUES

Intergovemmental-State of LA $

Total Revenues

EXPENDITURES Cun'ent - General Govemment - Health & Community Services:

Personal services and benefits Professional Services Operating Services Other services Supplies

Total Cun'ent Capital Outlay

Total expenditures


$

30,210 6,000

36,160 5,300

77,670

77,670

(77,670)

s

2,419 5,465

343 1.981

148 10,356

10,356

(10,356)

$

27,791 535

(343) 34,179 5,152

67,314

67,314

67,314

OTHER FINANCING SOURCES (USES) 001 Transfers In fi*om General Fund Transfers Out


54,670

54.670

54,670

54,670


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

202,946 24,712 24,712

3 202,946 $ 1,712 $ 69,026

24,712

$ 92,026

155

LAFOURCHE PARISH GOVERNMENT Fund #196 - FEMA Acquisition Fund


Schedule 3.40

Original Budget

Final Budget

Actual Amounts

Variance Positive

(Negative) REVENUES

Intergovernmental - Federal Govemment Fines and Forfeit

Total Revenues

EXPENDITURES Cun-ent - General Government - Public Worics: Professional Service Operating services Other services Other


Total expenditures EXCESS (DEFICIENCY) OF REVENUES

OVER EXPENDITURES

$ 639,029 207,152

846,181

17,572

--

299,245 316,817 529.364 846,181

-

$ 2,515,451 313,597

2,829,048

44,926

--

776,085 821,011

2,008,037 2,829,048

-

$ 1,039.369

-

1.039,369

38.483 93,301

999

-132,783 652,415 785.198

254.171

$ (1,476,082) (313,597)

(1,789,679)

6,443 (93,301)

(999) 776,085 688,228

1,355,622 2,043,850

(3,833,529)



EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 254,171 (3,833,529)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

202,946 20,502

202,946 $ 20,502

158,705

412,876

(44,241)

$ (3,877,770)

156

Sei^vice }~unas

LAFOURCHE z

Tl O PARISH GOVERNMENT

D D CL fD tfl O"

\ o \>.


DEBT SERVICE FUNDS

301 CERTIFICATE OF INDEBTEDNESS, SERIES 1994 BOND FUND Certificates of Indebtedness, Series 1994 Bond Fund accumulates monies for the payment of $1,665,000 certificates of indebtedness dated October 1, 1994. The bonds were issued for the purpose of constructing and improving drainage vi/orks and facilities.

302 CERTIFICATE OF INDEBTEDNESS, SERIES 1999 - BUILDING FUND Certificate of Indebtedness, Series 1999 - Building accumulates monies for the payment of $385,000 certificates of indebtedness date January 1, 1999. The certificates were issued for the purpose of acquiring and improving a new administrative building.

303 PUBLIC IMPROVEMENT SALES TAX SERIES 1999 BONDS (DISTRICT NO. 3) FUND The Public Improvement Sales Tax Series 1999 Bond (Road Sales Tax District No. 3) Fund accumulates monies for the payment of $4,500,000 public improvement sales tax bonds dated May 1, 1999. The bonds vi/ere issued for tlie purpose of constructing and improving, maintaining, and resurfacing public roads in Road Sales Tax District No. 3, including incidental drainage.

304 ROAD SALES TAX DISTRICT NO. 3 PUBLIC IMPROVEMENT BOND RESERVE FUND The Road Sales Tax District No. 3 Public Improvement Bond Reserve Fund was established from proceeds of the bonds in an amount equal to ten percent of the bonds sold. This amount shall be retained solely to pay principal and interest on the $4,500,000 Public Improvement Sales Tax Bonds, Series 1999 in case of default.

305 ROAD SALES TAX DISTRICT NO. 5 BOND SINKING FUND The Road Sales Tax District No. 5 Bond Sinking Fund was established to accumulate monies for the principal and interest payments associated with the $9,000,000 of Public Improvement sales tax bonds dated May 1, 2000. The bonds were issued for the purpose of construction, improvement, and resurfacing of public roads within Road District No. 5. including incidental drainage.

307 ROAD SALES TAX DISTRICT NO. 6 BOND SINKING FUND The Road Sales Tax District No. 6 Bond Sinking Fund was established to accumulate monies for the principal and interest payments associated with the $4,500,000 of Public Improvement sales tax bonds dated May 1, 2000. The bonds were issued for the purpose of construction, improvement, and resurfacing of public roads within Road District No. 6, including incidental drainage

309 REFUNDING BONDS SERIES 2001 DISTRICT NO. 3 RESERVE FUND The Refunding Bonds Series 2001 District No. 3 Reserve Fund was established from proceeds of the bonds in an amount equal to the lesser of ten percent of the proceeds of the bonds or the highest combined principal and interest requirements for any bond year. This amount shall be retained solely to pay principal and interest on the $1,550,000 Refunding Bonds Sehes 2001 in case of default.

310 REFUNDING BONDS, SERIES 2001 SINKING FUND The Debt Service Fund Series 2002 accumulates monies for the payment of the $1,550,000 Refunding Bonds Series 2001 dated March 1, 2001. The bonds were issued for the purpose of refunding the $1,700,000 Certificates of Indebtedness Series 2000B dated February 1, 2000.

311 SALES TAX BOND, SERIES 2003 SINKING FUND The Sales Tax Bond Sinking Fund Sehes 2003 was established to accumulate monies for the principal and interest payments associated with the $10,000,000 Refunding Bonds, Series 2003, of Road Sales Tax District No. 2. The proceeds were used to pay a portion of the costs of effecting a current refunding of the Certificates of Indebtedness, Series 1998 and Certificate of Indebtedness, Series 1999 and $1,880,000 of indebtedness owed by the Issuer to Road District No. 1.

157


DEBT SERVICE FUNDS

313 ROAD SALES TAX DISTRICT NO. 3, 5 & 6 RESERVE FUND The Road Sales Tax District No. 3, 5 & 6Public Improvement Bond Reserve Fund was established solely for the purpose of paying principal and interest on the $15,000,000 bonds in the event of default.

314 ROAD SALES TAX DISTRICT NO. 3, 5 & 6 BOND SINKING FUND The Road Sales Tax District No. 3, 5 & 6 Bond Sinking Fund was established to accumulate monies for the principal and interest payments associated with the $15,000,000 Road Bonds dated February 1, 2005.

315 CERTIFICATES OF INDEBTEDNESS DISTRICT NO. 1 SERIES 2000 FUND Certificates of Indebtedness District No. 1 Series 2000 Fund accumulates monies for the payment of $2,800,000 of Series 2000A and $1,700,000 of Series 2000B certificates of indebtedness dated February 1, 1999. The certificates were issued for the purpose of providing funds to construct, improve and resurface parish roads in Road District No. 1 and Road Sales Tax Districts No. 2 and 3.

316 PUBLIC IMPROVEMENT BOND SINKING FUND The Public Improvement Bond Fund accumulates monies for the payment of the Series 1994 Bonds.

317 SINKING FUND - CONSOLIDATED SALES TAX DISTRICT A FUND Consolidated Sales Tax District A Sinking Fund accumulates monies for the payment of the 2007 Refunding Bonds issued on behalf of the consolidation of Road Sales Tax Districts 3. 5 and 6.

158

LAFOURCHE PARISH GOVERNMENT Non-Major Debt Service Funds

Combining Balance Sheet December 31, 2008 Schedule 4.1

301

Sinking Fund -Certificates of Indebtedness, Series 1994

302

Sinking Fund -Certificates of Indebtedness,

Building Bonds, Series 1996

303

Sinking Fund -Public

Improvement Sales Tax Bond,

Series 1999

304

Resen/e Fund • Public

Improvement Bond Road Sales Tax District 3

ASSETS Cash and Cash Equivalents Investments Receivables Due from Other Funds Other Current Assets

46,630

47,926 804,538

Total Assets 899,094

UABILITIES Accounts Payable Due to Other Funds Other Cunrent Liabilities

Total Liabilities

FUND BALANCES Fund Balances;

Reserved for Debt Service Total Fund Balances

899,094 899,094

Total Liabilifies and Fund Balances 899,094

(continued)

159



305 307 309 310

Sinking Fund -Road Sales Tax

District 5

Sinking Fund -Road Sales Tax District 6 Bond

Reserve Fund -Refijnding Bond,

Series 2001

Sinking Fund Refijnding

Bonds, Series 2001


Total Assets

LIABILITIES Accounts Payable Due to Otf>er Funds Other Cun-ent Liabilities

Total Liabilities




(continued)

160



311 313 314 315

Sinking Fund - Reserve Fund - Sinking Fund - Certjficates of Sales Tax Bond, Road Sales Tax Road Sales Tax Indebtedness -

Series 2003 Districts 3, 5 & 6 District 3, 5 & 6 Special District 1


$ - $ 189,235 1,509,381 1,530,088

526.957

Total Assets 189,235 $ 1,509,381 $ 2,057,045 S

LIABILITIES Accounts Payable Due to Other Funds Other Cun-ent Liabilities

Total Liabilities

3,499

3,499

303,803

303,803



189,235 189,235

1,505,882 1,505,882

1,753,242 1,753,242

Total Liabilities and Fund Balances 189,235 $ 1,509,381 $ 2.057,045 $

(continued)

161


Combining Balance Sheet December 31, 2008

Schedule 4.1

316 317

Sinking Fund - Sinking Fund -Public Consolidated

Improvement Sales Tax Bonds District A Total


70

1,154,607 4,429,941

47,996 .1,331,495

Total Assets 70 $ 1,154,607 $ 5,809,432

LIABILITIES Accounts Payable Due to Other Funds Other Current Liabilities

Total Liabilities

307,302

307,302



70 1,154,607 70 1,154.607

5,502,130 5,502,130

Total Liabilities and Fund Balances 70 S 1,154,607 $ 5,809,432

162


Statement of Revenues, Expenditures and Changes in Fund Balances For the Year Ended December 31, 2008

Schedule 4.2

301 302 303 304

REVENUES

Investment Eamings

Total Revenues

EXPENDITURES Principal Payments Interest Payments

Total Expenditures


OVER EXPENDITURES

Sinking Fund -Certificates of Indebtedness, Series 1994

$

-

Sinking Fund -Certificates of Indebtedness,

Building Bonds, Series 1996

$ 8,232

8,232

650,000 254,660

904,660

(896,428)

Sinking Fund -Public

Improvement Sales Tax Bond,

Senes 1999

$

.

-

Reserve Fund -Public

improvement Bond Road Sales Tax District 3

$

.

-

OTHER FINANCING SOURCES (USES) Operating Transfers In Operating Transfers Out (774)

928,027 (62,551) (19,291)



(774)

(774)

928.027

31,599

(62,55i;

(62,551)

(19.291)

(19,291)

FUND BALANCES - BEGINNING OF YEAR


774 867,495

899,094 S

62,551 19,291

(continued)

163


Statement of Revenues, Expenditures and Changes in Fund Balances For the Year Ended December 31, 2008 Schedule 4.2

305 307 309 310

REVENUES

Investment Earnings

Total Revenues


Sinking Fund Sinking Fund - Sinking Fund - Reserve Fund - Refunding

Road Sales Tax Road Sales Tax Refijnding Bond, Bonds, Series Districts District 6 Bond Series 2001 2001

Total Expenditures


OVER EXPENDITURES

OTHER FINANCING SOURCES (USES) Operating Transfers In Operating Transfers Out

Total other financir>g sources (uses)


(55,353)

(55,353)

(55,353)

(34,923)

(34,923)

(34,923)

(5,167)

(5,167)

(5,167)

(17,902)

(17,902)

(17,902)



55,353 34,923 5,167 17,902

(continued)

164


Statement of Revenues. Expenditures and Changes in Fund Balances For the Year Ended December 31, 2008 Schedule 4.2

311 313 314 315

REVENUES

Investment Eamings

Total Revenues


Total Expenditures


OVER EXPENDITURES

OTHER FINANCING SOURCES (USES) Operating Transfers In Operating Transfers Out



Sinking Fund - Reserve Fund - Sinking Fund - Certificates of Sales Tax Bond, Road Sales Tax Road Sales Tax Indebtedness -

Series 2003 Districts 3, 5 & 6 District 3, 5 & 6 Special District 1

$ 13,898 $

13,898

2,455,000 37,856

2,492,856

(2,478.958)

421,785

-

421,785

36,234 !

36,234

.

-

36,234

.

(36,234)

(36,234)

$ 58,694

58,694

205,000 636,989

841,989

(783,295)

843,914 (1,465,746)

(621.832)

(20,515)

(20,515)

(2,057,173) (1,405,127) (20,515)



2,246,408 1,505.882 3,158.369

189.235 $ 1,505,882 $ 1,753,242 $

20,515

(continued)

165


Statement of Revenues. Expenditures and Changes in Fund Balances For the Year Ended December 31, 2008 Schedule 4.2

316 317

REVENUES

Investment Eamings

Total Revenues


Total Expenditures


OVER EXPENDITURES


Operating Transfers In Operating Transfers Out

Sinking Fund - Sinking Fund -Public Consolidated

Improvement Sales Tax Bonds District A Total

$ 14.471 i

14,471

655,000 327,104

982,104

E 131,532

131,532

3,965,000 1,256,609

5,221,609

(967,633) (5,090,077)

1,636,600 3,830,326 (1,718,456)



1,636,600

668,967

2,111,870

(2,978,207)

FUND BALANCES - BEGINNING OF YEAR 67 485,640 8,480,337

FUND BALANCES - END OF YEAR 70 $ 1,154,607 5,502,130

166

LAFOURCHE PARISH GOVERNMENT Fund #301- COI, Series 1994 Bond

Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Year Ended December 31, 2008

Schedule 4.3

REVENUES Interest

Original Budget

Final Budget

Actual Amounts

Variance Positive

(Negative)

Total Revenues

EXPENDITURES Debt Service:

Principal Payments Interest Payments

Total expenditures


OTHER FINANCING SOURCES (USES) Transfers In

108 Transfers Out to Royalty Fund (774) (774)

Total other finandng sources (uses) (774) (774)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (774) (774)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

775 774 774 158

775 S $ 158

167

LAFOURCHE PARISH GOVERNMENT Fund #302 - COI Series 1999 Building


REVENUES Interest

Total Revenues

Original Budget

$ 15,000

15,000

Final Budget

$ 15,000

15,000

Actual Amounts

$ 8,232

8,232

Schedule 4.4

Variance Positive

(Negative)

S (6,768)

(6,768)

EXPENDITURES Debt Sendee:


Total expenditures


650,000 254,660

904,660

(889,660)

650,000 254,660

904,660

(889,660)

650,000 254,660

904,660

(896,428)

:

(6,768)

OTHER FINANCING SOURCES (USES) Transfers In from: 001 General Fund 102 Building & fulaintenance Fund 160 Road Sales Tax District A



52,575 319,745 554,907 927,227

927,227

52,575 319,745 554,907 927,227

927,227

52,575 319,745 555,707 928,027

928,027

800 800

800

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 37,567 37,567 31,599 (5,968)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

867,496 867,496 867,495 229,754

905,063 $ 905,063 $ 899,094 $ 223,786

168

LAFOURCHE PARISH GOVERNMENT Fund #303 - Sales Tax, Series 1999 Bonds


REVENUES Interest

Total Revenues

Original Budget

$

Final Budget

$

Actual Amounts

$

Schedule 4.5

Variance Positive

(Negative)

$


Principal Payments Interest Payments Other

Total expenditures


OTHER FINANCING SOURCES (USES) 160 Transfers Out Road Sales Tax District A


(62.551)

(62,551)

(62,551)

(62,551)

(62,551)

(62,551)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (62,551) (62,551) (62,551)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

62,551 62,551 62,551 1,856

$ 1,856

169

LAFOURCHE PARISH GOVERNMENT Fund #304 - Road Sales Tax District 3 Reserve

Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual


REVENUES Interest

Total Revenues

Original Budget

$

Final Budget

$

Actual Amounts

$

Schedule 4.6

Variance Positive

(Negative)

$



Total expenditures




(19,291)

(19,291)

(19,291)

(19,291)


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

19,291 19,291 19,291

19,291 $

170

LAFOURCHE PARISH GOVERNMENT Fund #305 - Road Sales Tax District 5 Bond Sinking

Schedule of Revenues. Expenditures and Changes in Fund Balance - Budget and Actual For the Year Ended December 31. 2008

REVENUES Interest

Total Revenues


Total expenditures


Original Budget

$

-

Final Budget

$

-

Actual Amounts

$

-

Schedule 4.7

Variance Positive

(Negative)

$

-

OTHER FINANCING SOURCES (USES) Transfers In from RSTD 5 Transfers Out Road Sales Tax District A (55,352) (55,353) ill

Total other financing sources (uses) (55,352) (55,353) (1)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITIJRES AND OTHER USES (55,352) (55,353) (1)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

55,352

$ 55,352

55.352 55,353 772

$ 771

171

LAFOURCHE PARISH GOVERNMENT Fund #307 - Road Sales Tax District 6 Sinking


REVENUES Interest

Total Revenues

Original Budget

S

Final Budget

$

Actual Amounts

$

Schedule 4.8

Variance Positive

(Negative)

$


Total expenditures


OTHER FINANCING SOURCES (USES) Transfers In 160 Transfers Out Road Sales Tax Distnct A (34,923) (34,923)

Total other financing sources (uses) (34,923) (34.923)


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

34,923 34.923 34,923

$ 34.923 S

172

LAFOURCHE PARISH GOVERNMENT Fund #309 - Refunding Bonds. Series 2001 Reserve

Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Year Ended December 31. 2008 Schedule 4.9

Original Budget

REVENUES Interest

Total Revenues


Total expenditures




Final Budget

(5.167)

(5,167)

Variance Actual Positive

Amounts (Negative)

$ -

-

(5,167)

(5,167)


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

5,167 5,167 5,167

5,167 $

173

LAFOURCHE PARISH GOVERNMENT Fund #310 - Debt Service Series 2001


REVENUES Interest

Total Revenues


Original Budget

S

Final Budget

$ -

Actual Amounts

$ -

Schedule 4.10

Variance Positive

(Negative)

3

Total expenditures




(17,902) (17,902)

(17,902) (17,902)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITIJRES AND OTHER USES (17,902) (17,902)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

17,902 17,902 17,902 486

17,902 S $ 486

174

LAFOURCHE PARISH GOVERNMENT Fund #311 - Sales Tax Bond, Series 2003


REVENUES Interest

Total Revenues

EXPENDITURES Principal Payments Interest Payments Other

Total expenditures


Original Budget

3 15,000

15,000

2,455.000 37,856

2,492,856

(2,477,856)

Final Budget

3 15,000

15,000

2,455,000 37,856

2,492,856

(2,477,856)

Actual Amounts

S 13,898

13.898

2.455,000 37,856

-

2,492,856

(2,478,958)

Schedule 4.11

Variance Positive

(Negative)

$ (1,102)

(1,102)

---

(1,102)

OTHER FINANCING SOURCES (USES) 201 Transfers In fi-om RSTD 2 Transfers Out

421,785 421,785 421,785


EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (2,056,071) (2,056,071) (2,057,173) (1,102)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

2,246,408 2,246,408 2,246,408 27,739

$ 190,337 $ 190,337 $ 189,235 3 26,637

175

LAFOURCHE PARISH GOVERNMENT Fund #313 -RST Districts 3,5,6 Reserve


REVENUES Interest

Total Revenues

EXPENDITURES Pnncipal Payments Interest Payments Other

Total expenditures


OTHER FINANCING SOURCES (USES) 117 Transfers Out to RSTD 6


Original Budget

3 73,000

73,000

-

73,000

(73,000)

(73,000)

Final Budget

3 40,700

40,700

-

40.700

(40.700)

(40,700)

Actual Amounts

3 36,234

36,234

-

36,234

(36,234)

(36,234)

Schedule 4.12

Variance Positive

(Negative)

3 (4,466)

(4,466)

-

(4,466)

4,466

4,466


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

1,505,882 1,505,882 1,505,882 5,882

3 1,505,882 3 1,505,882 3 1,505.882 3 5.882

176

LAFOURCHE PARISH GOVERNMENT Budget Comparison Schedule

Fund #314 - RST Districts 3, 5 6 Bond For the Year Ended December 31. 2008

Schedule 4.13

REVENUES Interest

Total Revenues

EXPENDITURES Debt Sen/ice:

Pnncipal Payments Interest Payments & Bank Charges

Total expenditures


OTHER FINANCING SOURCES (USES) 108 Transfers In firom Royalty Fund 206 Transfers Out to Construction - RSTD 3 5&6


Original Budget

Final Budget

Actual Amounts

Variance Positive

(Negative)

$ 50,000

50,000

1,000 205,000 636,989

842,989

(792,989)

843,914

-

843,914

3 59,100

59,100

1,000 205,000 636,989

842,989

(783,889)

843,914 (3,089,941)

(2,246,027)

3 58,694

58,694

205,000 636,989

841,989

(783,295)

843,914 (1,465,746)

(621,832)

3 (406)

(406)

1,000

--

1,000

594

. 1,624,195

1,624,195

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 50,925 (3,029,916) (1,405,127) 1,624,789

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

3,158,369 3,158,369 3.158,369

3 3,209,294 3 128,453 $ 1,753,242

3,158,369

$ 4,783,158

177

LAFOURCHE PARISH GOVERNMENT Fund #315 - COI - Special District No. 1

Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual

For the Year Ended December 31, 2008 Schedule 4.14

REVENUES Interest

Original Budget

Final Budget

Variance Actual Positive

Amounts (Negative)

3 3

Total Revenues


Total expenditures



106 Transfers Out to Road Sales Tax District A

Total other finanang sources (uses)

(20,515) (20,515)

(20.515) (20.515)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (20.515) (20.515)

FUND BALANCES

BEGINNING OF YEAR 20.515 20,515 20,515 800

END OF YEAR 20,515 3 3 800

178

LAFOURCHE PARISH GOVERNMENT Fund #317 -Road Sales Tax District A


REVENUES Interest Other

Total Revenues


Total expenditures


Onginal Budget

$ 15,000

15,000

655,000 327,104

982,104

(967,104)

Final Budget

3 15,000

15,000

655,000 327,104

982.104

(967.104)

Actual Amounts

3 14.471

14.471

655.000 327.104

982.104

(967,633)

Schedule 4.15

Variance Positive

(Negative)

$ (529)

(529)

(529)

OTHER FINANCING SOURCES (USES) 160 Transfers In fixim Sales Tax District A

Transfers Out 1,636,600 1,636,600 1,636,600

Total other financing sources (uses) 1,636,600 1,636.600 1.636,600

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES 669,496 669,496 668,967 (529)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

485,640 485,640 485,640

1,155,136 3 1,155,136 3 1,154,607 3 (529)

179

/ > V --O-^V

\ \ SEAL ) %i

\ . i ' /

180

J^on-JsAajo^ ((Sapifal

Krojecfs "Funds

LAFOURCHE fei^J^in^ dr' f u i C i n ^ 'America

PARISH GOVERNMENT

•-' o " n -> 3 QJ Q . - D

, O O O O O Q ^

0 O \ O \ ^


CAPITAL PROJECT FUNDS

195 MORRISTOWN SEWERAGE PROJECT The primary objective of the Morristovi/n Sewerage Project is the development of viable urban communities by providing a suitable living environment for persons of low and moderate income.

206 ROAD CONSTRUCTION DISTRICT 3. 5 & 6 FUND The Road Construction District 3, 5 & 6 Fund was established for the purpose of constructing and reconstructing roads, highways and bridges in those districts with funding provided from the $15,000,000 bond issuance.

299 CAPITAL PROJECTS The Capital Projects Fund was created in 2006 to account for all non road capital outlay projects.

181

•'•. „,..--

182

LAFOURCHE PARISH GOVERNMENT Non-Major Capital Projects Funds


ASSETS Cash Investments Receivables Due from Other Funds

Total Assets

LIABILITIES Accounts Payable Contracts and Retainages Payable Due to Other Funds

Total Liabilities

195 Morristown Sewergte Project

3 25,939

3 25,939

3

1,994

1,994

206

Constnjction RSTD 3, 5, 6

3 230

741,155

$ 741,385

3 5,863 735,522

741,385

299

Capital Projects

3

66,725

3 66,725

3 118,437 223,808

342,245

3

3

3

Total

25,939 230

807,880

834,049

124,300 959,330

1,994

1,085,624

FUND BALANCES Fund Balances (Accuulated Deficits):

Reseri ed for Capital Contracts Total Fund Balances (Accumulated Deficits)

23,945 23,945

(275,520)

;275,520)

(251,575)

(251,575)

Total Liabilities and Fund Balances 3 25,939 S 741,385 3 66,725 $ 834,049

183

LAFOURCHE PARISH GOVERNMENT Non-Major Capital Projects Funds

Combining Statement of Revenues, Expenditures and Changes in Fund Balance For the Year Ended December 31, 2008 Schedule 5.2

REVENUES

Intergovemmental:

Federal

Interest Other

Total Revenues

EXPENDITURES Public Works Capital Outlay

195 Morristown Sewergte Project

3 12,997

12,997

206

Construction RSTD 3, 5, 6

3

6,191

6,191

299

Capital Projects

3

.

Total

3 12,997

6,191

19,188

239,017 47,125 286,142 2,716,517 3.413,395 6,129,912

Total Expenditures


OVER EXPENDITURES

2,955,534

12,997 (2,949,343)

3,460,520 6,416,054

(3,460,520) (6,396,866)

OTHER FINANCING SOURCES (USES) Operating Transfers In Operating Transfers Out (9,554)

2,237,069 3,103,359 5,340,428 (9,554)




(9,554) 2,237,069

3,443

20,502

(712,274)

712,274

3,103,359 5,330,874

(357,161) (1,065,992)

81,641 814,417

FUND BALANCES - END OF YEAR $ 23,945 3 3 (275,520) $ (251,575)

184

LAFOURCHE PARISH GOVERNMENT Fund #195 - Morristown Sewerage Project


REVENUES Intergovernmental - Federal Government Investment Eamings Other

Total Revenues

Original Budget

$ --

Final Budget

$ 12,989

--

12,989

Actual Amounts

3 12,997

--

12.997

Schedule 5.3

Variance Positive

(Negafive)

3 8

--

8

EXPENDITURES Current - General Govemment - Public V^orics Capital Outlay

Total expenditures

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES 12,989 12,997


299 Transfers Out to Capital Projects Fund (33,455) (9,554) 23,901

Total other financing sources (uses) (33,455) (9,554) 23,901


FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

20,502 20.502

20,502

20.502

36 $ 23,945

(13,037)

3 10,872

185

LAFOURCHE PARISH GOVERNMENT Fund #206 - Construction - RSTD. 3, 5, 6


REVENUES Investment Eamings

Total Revenues

EXPENDITURES Cun-ent - General Government - Public V\/orks:

Operating services Professional services Other services


Original Budget

3

700.000 400.000

-1.100,000

200,000

Final Budget

$ 8,250

8,250

3,722,815 588,855

36 4,311,706 1,113,305

Actual Amounts

$ 6,191

6,191

-237,204

1,813 239,017

2,716,517

Schedule 5.4

Variance Positive

(Negative)

3 (2,059)

(2,059)

3,722,815 351,651

(1,777) 4,072,689

(1,603,212)

Total expenditures 1.300,000 5,425,011 2,955,534 2,469,477


OVER EXPENDITURES (1,300,000) (5,416,761) (2,949,343) 2,467,418


Operafing Transfers In from:

108 Royalty Fund

160 Road Sales Tax District A

314 Sinking Fund - Districts 3, 5 & 6



500,000 800,000

1,300,000

1,300,000

500,000 1,162,476 3,089,942 4.752,418

4,752,418

38.745 732.577

1,465,747 2,237,069

2,237,069

(461,255) (429,899)

(1,624,195) (2.515,349)

(2,515.349)



EXPENDITURES AND OTHER USES (664,343) (712,274) (47,931)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

712,274

$ 712,274

712,274 712,274

3 47,931 3

419,101

3 371,170

186

LAFOURCHE PARISH GOVERNMENT Fund #299- Capital Projects Fund


Schedule 5.5

REVENUES Other Revenues

Original Budget

Final Budget

Actual Amounts

Variance Positive

(Negative)

Total Revenues

EXPENDITURES Current - General Govemment - Public V^ort<s:

Professional services Other services Operating services


Total expenditures


----

8,504,660

8,504,660

(8,504,660)

122,461 1,045 1,994

125,500 20,693,414

20,818,913

(20,818,913)

44,086 1,045 1,994

47.125 3,413,395

3,460,520

(3,460,520)

78,375

--

78,375 17,280,019

17,358,394

(17,358,394)

OTHER FINANCING SOURCES (USES) Operating Transfers In from: 001 General Fund

Animal Control Roads & Bridges Drainage Maintenance Solid V\/aste Royalty Recreation Library Road Sales Tax District A Coastal Zone Management Morristovm Sevrerage Construction - Rd Tax Dist. 2 Total Transfers In:



4,040,000 300,000

-77,710 25.000

2,261,950 75,000

-25,000

--

1,700,000 8,504,660

8,504,660

5,389,764 1,155,761

427,605 1,399,523

25,000 2,951,826

292,333 6,094,544

50,000 1,225,000

33,455 1,700,000

20,744,812

20,744,812

206,066 704,137 213,738 269.573

16,660 309.748 38,371

1,191,762

--

9,554 143,750

3,103.359

3,103,359

(5,183,698) (451,624) (213,867)

(1,129,950) (8,341)

(2,642,078) (253,963)

(4,902,782) (50,000)

(1,225,000) (23,901)

(1,556,250) (17,641,453)

(17,641,453)

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES (74,101) (357,161) (283,059)

FUND BALANCES

BEGINNING OF YEAR

END OF YEAR

81,572 81,572 81,641 429,292

81,572 3 7,471 $ (275,520) 3 146,233

187

^.--;e PARIS/, x

i^ SEAL i i V V^OFLOOV'^V /

188

Alon-A^ajoi^

(£nfei^pi^ise 'Funds

LAFOURCHE jeeif in^ i^ fu^f in^ 'America

PARISH /GOVERNMENT

3. o' m

•3

?^RIs^^ X


ENTERPRISE FUNDS

501 SEWERAGE DISTRICT NO. 4 FUND The Sewerage District No. 4 was created by the Parish because it was their intent to accumulate the cost of providing services to the general public and those costs to be financed or recovered by charging a fee to the citizens who receive the services.

502 BROCATTO COMMUNITY SEWERAGE FUND The Sewerage District No. was created to provide service to Brocatto Community in Raceland. Expenditures caused by the services provided to residents are recovered by charging user fees.

503 SEWERAGE DISTRICT NO. 14 FUND The Sewerage District No. 14 was created to provide service to Dugas Subdivision in Thibodaux. Residents who receive the services reimburse the district through assessed user fees.

504 RITA SEWERAGE FUND The Rita Sewerage Fund was created to provide service to the Rita Community in Thibodaux. The project was fully funded by a federal grant. Construction was completed in 2003.

505 MORRISTOWN SEWERAGE PROJECT The primary objective of the Morristown Sewerage Project is the development of viable urban communities by providing a suitable living environment for persons of low and moderate income.

189

\ M SEAL \%\

190

LAFOURCHE PARISH GOVERNMENT Non-Major Enterprise Funds

Combining Statement of Net Assets December 31, 2008

Schedule 6.1

ASSETS Current assets:

Cash and cash equivalents Receivables

Total cun-ent assets Noncun-ent assets:

Capital Assets Property, Plant and Equipment Accumulated Depreciation

Total Capital Assets

Total assets

LIABILITIES Current liabilities:

Accounts Payable Contracts and Retainage Payable Due to Other Funds

Total cun-ent liabilities

NET ASSETS Invested in capital assets, net of related debt Unrestiicted (deficit)

Total Net Assets

Total Liabilifies and Fund Equities

501

Sewerage District 4 -Marydale

Community

3 2,241

2,241

667,226 (477,438) 189,788

3 192.029

3 3,301 4,345

58,333

65,979

189,788 (63,738) 126,050

3 192,029

502

Brocatto Community Sewerage

3 4,044

4,044

2,407,988 (1,179,540) 1,228,448

3 1,232,492

3 8,927

-72,968

81,895

1,228,448 (77,851)

1,150,597

3 1,232,492

503

Sewerage District 14

Dugas Community

3 1,192

1,192

181,981 (134,666)

47,315

3 48,507

$ 2,099

-57,895

59,994

47,315 (58,802) (11,487)

3 48,507

504

Rita Community Sewerage

3 553

553

947,051 (230,986) 716,065

3 716,618

$ 911

-4,621

5,532

716,065 (4,979)

711,086

3 716,618

505

Mom'stown Community Sewerage

3

$

3

^ ^ „

3

-892

892

---

892

1,412

-9,292

10,704

-(9,812) (9,812)

892

Total

3 8,922

8,922

4,204,246 (2,022,630) 2,181,616

3 2,190,538

3 16,650 4,345

203,109

224,104

2,181,616 (215,182)

1,966,434

$ 2,190,538

191


Combining Statement of Revenues, Expenses and Changes in Net Assets For the Year Ended December 31, 2008

Schedule 6.2

OPERATING REVENUES

501

Sewerage District 4 -fvlarydale

Community

502

Brocatto" Community Sewerage

503

Sewerage Districts

Dugas Community

504


505

Morristown Community Sewerage Total

Sewerage Charges and Assessments 3 28,650 $ 44,239 3 14,114 $ 7,607 $ 9,065 3 103,675

OPERATING EXPENSES Professional services ' Operating ser\/ices Otiier services Supplies Depredation

Total operating expenses

OPERATING INCOME (LOSS)

NET ASSETS:

BEGINNING OF YEAR

END OF YEAR

3,486 28,034

914

-26,689

59,123

(30,473)

156,523

$ 126,050

7,246 55,166 2,101

54 96,319

160,886

(116,647)

1,267,244

3 1,150,597

1,695 13,075

888 -

7,280

22,938

(8,824)

(2,663)

3 (11,487)

1,297 5,881

767

-41,732

49,677

(42,070)

753,156

3 711,086

778 12,209

744

--

13,731

(4,666)

(5,146)

$ (9,812)

14,502 114,365

5,414 54

172,020

306,355

(202,680)

2,169,114

$ 1,966,434

192


Combining Statement of Cash Flows For the Year Ended December 31, 2008 Schedule 6.3

CASH FLOWS FROM OPERATING ACTIVITIES Cash Received from Customers Cash Payments for Operating Costs

Net Cash Provided by (Used in) Operating Acfivities

501

Sewerage Distiict 4 -Marydale

Community

$ 28,949 (28,949)

502

Bn^catto Community Sewerage

3 43,948 (43,948)

503

Sewerage District 14

Dugas Community

$ 14,251 (14,251)

504


3 7,549 (7,549)

505

Morristown Community Sewerage

3 9,346 (9.346)

Total

3 104.043 (104,043)

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS:

BEGINNING OF YEAR

END OF YEAR

RECONCILIATION OF OPERATING LOSS TO NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES: Operafing (Loss) Adjustments to Reconcile Operating (Loss) to

Net Cash Provided by (Used in) Operating Activities Depreciation (Increase) Decrease in Receivables: Increase (Decrease) in Liabilities:

Accounts Payable Contracts and Retainages Due to Other Funds

(30,473) (116,647) (8,824) (42,070) (4,666) (202.680)

26.689 299

(13.270) (599)

17.354

96,319 (291)

4,777 583

15,259

7,280 137

856 (274) 825

41,732 (58)

(1,080) 117

1,359

-281

31 (473)

4,827

172,020 368

(8,686) (646)

39,624

Net Cash Provided by (Used In) Operafing Activities

193

SEAL IS] f a/

\ .

194

S c K e - d u l e of (Z^on\pe,nsc\V\on

Paid fo ParisK (Sourvcil ana

ParisK Presidenf

LAFOURCHE J-edifing ik' f u e d r i g America

PARISH

g i: = 1 CD

a o —H

-0 q ^ 3 % CD

- n « - V QJ CD !=r-cn O Q : => CD " 0 3 m

* M i f i M i « M i M M « « M i

yCOVERNMENT

" ^ t s ,

3 \ \ ^ , , " - - . Ox. \

' a t i oC»^

LAFOURCHE PARISH GOVERNMENT SCHEDULE OF COMPENSATION PAID TO COUNCIL AND PRESIDENT


Schedule 7

The Schedule of compensation paid to Council members is presented in compliance v nth House Concurrent Resolution 54 of the 1979 Session of the Louisiana Legislature. Compensation of the Council is included in the legislative expenditures of the General Fund. In accordance with LA R.S. 33:1233, the members have elected the monthly payment method of compensation. Under this method, members receive semi-monthly salary payments in-lieu of per diem payments.

Compensation of the President is included in the executive expenditures of the General Fund. In accordance with the Home Rule Charter, the set annual salary is $65,000.

COUNCIL MEMBERS: Michael Delatte Philip Gouaux 11 Daniel Lorraine Lindel Toups Kenneth P. Matheme Rodney Doucet Louis Richard Jerry Jones Joseph Fertitta

PARISH PRESIDENT-Charlotte Randolph

12.104 12,104 12,104 12,104 12.104 12,104 12,104 12.104 12,104

$ 108,939

$ 65,500

195

/ c5^//"~i \ % \

i ^ SEAL \%\

v.. r./

196

Sfafisfical Secfioia

nafudifed)

LAFOURCHE f e e S i n ^ ^ j m C i n g A m e r i c a

PARISH /GOVERNMENT

o o o c u a ^ ^ ,

/ : : ^ : ^ ^ ' c ^ x^V

--.'^OF LO^^^y

' " ^ O O O O O O "

LAFOURCHE PARISH GOVERNMENT Statistical Section December 31, 2008

This part of the Lafourche Parish comprehensive annual financial report represents detailed information as a context for understanding what the information in the financiai statements, note disclosures, and required supplementary information says about the overall financial health of Lafourche Parish.

Contents Page

Financial Trends 199 These schedules contain trend information to help the reader understand how/ Lafourche Parish's financial performance and well-being have changed overtime.

Revenue Capacity Information 206 These schedules contain information to help the reader assess factors affecting one of Lafourche Parish's revenue sources, ad valorem tax.

Debt Capacity Information 211 These schedules present information to help the reader assess the affordability of Lafourche Parish's current levels of outstanding debt and Lafourche Parish's ability to issue additional debt in the future.

Demographic and Economic Infomnation 215 These schedules offer demographic and economic indicators to help the reader understand the environment within which Lafourche Parish's financial activities take place.

Operating Information 217 These schedules contain service and infrastructure data to help the reader understand how the information in Lafourche Pahsh's financial report relates to the services Lafourche Parish provides and the activities it performs.

197

PARIS//'*"-. ... --. o- .V

% m

198

LAFOURCHE PARISH GOVERNMENT NET ASSETS BY COMPONENT

LAST SIX FISCAL YEARS (accrual basis of accounting)

(in thousands) Exhibit X-1

Fiscal Year



Restricted

Unrestricted (deficit)

Total govemmental activities net assets

Business Type Activities


Restricted for:

Unrestricted (deficit)

Total business type activities net assets

2008

16,135

5,261

40,348 $ 61,734

2,182

-^215)

$ 1,966

2007

20,928

11,392

23,350

$ 55,669

2,354

-(185)

$ 2,169

$

±

2006

(2,194)

7,784

36,784

42.374

2,525

-(149)

2,376

$

_$

2005

(1,091)

8,170

22,200

29,279

2,697

-(116)

2,581

2004

(10,125)

6,271

31,210

$ 27,356

2,869

-(86)

$ 2,783

2003

(26,592)

6,601

34,954

S 14,963

3,041

-(69)

$ 2,972

Primary Government

Invested in capital assets, net of related debt Restricted for

Unrestricted (defidt)

Total primary governmenf net assets $ 63,701 $ 57,838 $ 44,750 $ 31,860 $ 30,140 $ 17,935

18,317

5,251

40,133

23,281

11,392

23,165

331

7,784

36,634

1,606

8,170

22,084

(7,256)

6,271

31,124

(23,550)

6,601

34,884

Source: Audited Comprehensive Annual Financial Reports

Information available for six years.

199

LAFOURCHE PARISH GOVERNMENT CHANGES IN NET ASSETS LAST SIX FISCAL YEARS

(accrual basis of accounting) (in thousands)

EXPENSES

Govemmental Activities

General Government

Public Safety

Public Wori<s

Community Services


Depreciation

Interest and Fiscal Charges

Total govemmental activities expenses

Business-Type Activities

Sewer

Total primary govemment expenses

2008

7,558

1,790

32,625

6,667

1,912

-1,197

$ 51,750

306

$ 52,056

2007

5,414

1,339

13,708

6,210

1,300

5,518

1,506

S 34,993

316

$ 35,310

Fiscal Year

2006

5,009

1,372

18,424

5,363

1,786

3,464

1,157

$ 36,575

306

$ 36,882

_$_

$

2005

8,756

1,584

20,145

4,386

780

2,785

2,454

40,890

297

41,186

2004

5,673

1,901

15,578

5,113

1,117

7.639

1.365

$ 38.386

285

$ 38,672

Exhibit X-2

A

s

2003

4,882

1,445

14,736

5,373

823

657

1,804

29,720

282

30,002

PROGRAM REVENUES


Charges for ser\/ices:

General Govemment

Public Safety

Public Wori<s

Community Services

Conservation



Depreciation

Interest and Fiscal Charges

3,305 5,596

83

10

2,049

387

1,322

470

709

548

629

415

Operating grants and contributions


Total govemmental activities revenues

Business-Type Activities

Charges for services:

Sewer

Operating grants and contributions

Capital grants and contnbutions

Total business-type activities revenues

Total primary govemment revenues

$

$

A._

6.206

9,076

18,588

104

-104

18,691

J_

$

_$_

8,326

-14,015

110

-110

14,124

s

$

$

9,739

1,309

13,483

101

-101

13,585

$

_$_

$

7,444

1,336

10,573

95

-95

10,667

$

$

s

5,913

1,162

8,331

97

-97

8,428

$

$

$

7,639

911

9,595

101

-101

9,696

200

LAFOURCHE PARISH GOVERNMENT CHANGES IN NET ASSETS LAST SIX FISCAL YEARS

(accrual basis of accounting) (in thousands)

Exhibit X-2

Net (expense)/revenue

Govemmental activities

Business-type activities

Total primary govemment net expense

2008

(33,162)

(203)

$ (33,3651

2007

(20,978)

(207)

$ {2^,^&5l

Fiscal Year

2006

(23,092)

(205)

$ (23,297)

2005

(30,317)

(202)

$ (30.519)

2004

(30.055)

(189)

$ (30,244)

2003

(20,125)

(181) $ (20,306)

General Revenues and Other Changes in


Taxes:

Ad Valorem (property) taxes

Sales and use taxes

Other

Federal grants

State Revenue Sharing

Other Grants

Unrestricted grants and contributions

Interest and investment eamings

Miscellaneous

Net Assets

15,012

10,976

2,708

---

9.072

717

744

15,475

10,702

--

4.721

65

-1.505

1,756

8,699

15,185

2,675

12

4,449

313

706

1,727

2,421

8,179

12,322

5,806

---

2,007

1,361

2.423

8,631

11,369

--

4,609

2,294

--953

8,268

10,746

--

4,271

2,806

--37

Source: Audited Compretrensive annual Financial Reports Information available for six years.

Total govemmental activities gen revenues $ 39,227 $ 34,225 $ 36,187 $ 32,099 $ 27,856 $ 26,127

Business-Type Activities . _ _ _ . _

Total primary govemmental gen revenues $

Change in net assets

Govemmental activities

Business-type activities

Total primary government net expense $

39,227

6.065

(203) 5,862

$ 34,225

13,246

(207)

$ 13,039

$ 36,187

13,095

(205)

$ 12,890

$ 32,099

1,782

(202)

$ 1,579

$ 27,856

(2,199)

(189)

$ (2,388)

$ 26,127

6,002

(181) $ 5,821

201

I^ ( SEAL IS

* • - . . ^ * * • • • • • * *

202

LAFOURCHE PARISH GOVERNMENT FUND BALANCES OF GOVERNMENTAL FUNDS

LAST TEN FISCAL YEARS (modified accrual basis of accounting)


ND

Total

2008

920 2,093

$ 3,013 A

2007

3,087

3,087

2006

4,479

$ 4,479

2005

3,066

$ 3,066

2004

3,574

$ 3,574 _$

2003

454

3,559

4,013 _$

2002

245 3,765

4,010 J.

2001

3,857

_3,857_ A

2000

4,187

4,187

1999

. 3,397

$ 3,397

GENERAL FUND Reserved Unreserved

ALL OTHER GOVERNMENTAL FUNDS Reserved' 14,675 11,392 15,499 20,055 6,386 6,913 9,496 12,660 10,620 6,679 Reported In: Special Revenue 32,199 25,206 24,591 17,878 26,956 29,317 28,436 27,617 27,773 24,926

Total $ 46,874 $ 36,598 $ 40,090 $ 37,933 $ 33,342 $ 36,230 $ 37,932 $ 40,278 $ 38,393 $ 31,606

'Includes Prepaid Insurance, Capital Projects, and Debt Service Funds. All fund balances in Debt Service Funds are reserved to pay future debt service.

Source: Audited Comprehensive annual Financial Reports

203

LAFOURCHE PARISH GOVERNMENT CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS


(in thousands)

REVENUES Taxes Federal Grants state Funds Local Revenues Charges for Services Fines and Forfeitures Investment Miscellaneous

Total Revenues

EXPENDITURES General Govemment Public Safety Public Works Community Services Culture and Recreation Transportation Debt Service

Principal Interest


2008

28,695 12,503 9,573

830 2,195 1,110

717 1,904

2007

28,915 4,289 7,863

961 2,066

885 1,505 1,756

2006

27,061 10,251 5,571

706 1,704

710 1,727 2,421

Fiscal Year

2005

22,667 5,903 8.264

224 1,219

532 1,361 3,021

2004

19,736 4,710 6,265

-2,432

682 409

1.688

Exhibit X-4

2003

18,997 4,929 7,663

-2,144

598 398 975

2002

18,909 5,076 5,112

38 2,185

603 783

1,360 $ 57,527 $ 48,239 $ 50,150 $ 43,192 $ 35,922 $ 35,705 $ 34,066

6,682 1,777

27,901 6.709 1.779

3.965 1,643 6,868

5,417 1,339

18,087 6,210 1,300

7,183 1,671

11,867

5,009 1,372

16,611 5,363 1,786

3,955 1,839

16,109

8,475 1,584

20,145 4,386

780

4,356 2,067

14,817

5,507 1,901

15,578 5,113 1,117

4,496 1,655 4,629

4,965 1,445

18,216 6,373

823

3,938 1,747

910

4,499 1,265

17,971 5,820

501 0

6,011 2,176

147 $ 57,326 $ 53,072 $ 52,043 $ 56,609 $ 39,996 $ 37,417 $ 38,391

Excess (Deficiency) of revenues over (under) expenditures

OTHER FINANCING SOURCES (USES) Issuance of long term debt Proceeds from Federal Loan Certificate of indebtedness proceeds Payments to Refunded Bond Escrow Premium on Refunded Bonds Issuance costs Refunding of Bonds Operating Transfers In Operating Transfers Out Proceeds from capital lease


Net change in fund balances

Debt service as a percentage of noncapital expenditures

202 $ (4,833) $ (1,893) $ (13,417) $ (4,074) $ (1,712) $ (4,325)

10,000

$ 10,202

3.3%

5.462

-----

17,869 (17,869)

9,650 (9,317)

(333) (55)

31,052 (31,052)

-----

30,845 (30,845)

17,500

----

21,506 (21,506)

2,000

---

(1,250) 15,436

(15,436)

$ (4,888) $ 3,569

4.1% 5.1%

10,000

(10,000)

$ 10,000 $ (55) $ 5,462 $ 17,500 $ 750 $

1,990

17,910 9,314 (17,910) (9,314)

$ 1,990

4,083 $ (3,324) $ (1,712) $ (2,335)

4.9% 4.7% 4.8% 5.7%

Source: Audited Comprehensive annual Financial Reports.

204

LAFOURCHE PARISH GOVERNMENT CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS

LJVST TEN FISCAL YEARS (modified accrual basis of accounting)

(in thousands)

2001

18,011

5,149

6,634

30

1,967

678

1,444

1,037

Fiscal Year

2000

16,239

3,506

7,203

356

1,985

679

2,319

985

1999

13,805 4,429

4,863

309

1,850

635

1,495

1,085

$ 34,949 $ 33,273 $ 28,470

4,228

1,208

22,100

5,383

415

9

5.060

2,022

139

4.356

1.225

29,013

4,518

437

27

2,783

1,022

180

3,863

954

25,310

4,729

506

10

2,030

728

52

$ 40,564 $ 43,561 $ 38,182

(5,614) $ (10,288) $ (9.712)

8,550 18,000 9,015

(25) (135) (1)

10,019 7,764 4,305 (10,019) (7,764) (4,205)

385 $ 8,525 $ 17,865 $ 9,499

$ 2,910 $ 7,577 $ (213)

5.0% 2.4% 1.9%

Exhibit X-4

205

LAFOURCHE PARISH GOVERNMENT TAX REVENUES BY SOURCE, GOVERNMENTAL FUNDS


(in thousands)

Taxes: Ad Valorem taxes Sales & use taxes Other

Total

2008

15.012 10,976 2,708

$ 28,695

2007

15,475 10,702 2,737

$ 28,915

2006

9,201 15,185 2,675

S 27,061

2005

8,700 12,322 1,646

$ 22,667

Fiscal Year 2004

8,367 11,294

75

$ 19,736

2003

8.251 10,711

35

$ 18,997

2002

8,068 10,794

47

$ 18,909

2001

7,268 10,676

67

S 18,011

Exhibit X-5

2000

6,158 10,024

57

$ 16,239

1999

6,060 7,620

126

$ 13,805

Source: Audited Comprehensive annual Financial Reports

206

Real Estate

LAFOURCHE PARISH GOVERNMENT ASSESSED VALUE AND ESTIMATED ACTUAL VALUE OF PROPERTY

LAST TEN YEARS (unaudited)


Ratio ofTotal

Assed Value to Oil & Gas , ,_.. Total Total ._ .. ^ . T „ * „ I C ^ H . ^ ^ * ^ ^

Non- Public Estimated Total Estimated Year Exempt _ , Merchandise & Bank _ Watercraft Assessed Direct . ^ . . . , A^+,,O( v/^i,,.:,*

^ Exempt _, , Service . . . -r • + Actual Value Actual Value otock Value I ax Kate

2008 $161,085 $153,844 $82,788 $118,165 $78,649 $171,140 $765,672 20.94 $5,944,512 12.88%

2007 149.913 118,953 74.474 99,575 76.323 139,192 658,431 22.08 5,082,231 12.96%

2006 147,279 113,252 63,483 80,408 75,965 127,600 607,987 21,68 4,719,110 12.88%

2005 144,179 106,520 60,368 77,081 75,709 114,955 578.812 21.68 4,492,517 12.88%

2004 141,480 100,780 60,108 81,779 73,267 119,780 577,193 21.68 4,460,111 12.94%

2003 132,432 78,666 57,678 75,527 69,283 111,943 525,529 23.92 4,022,431 13.06%

2002 129,306 75,157 54,707 76,600 69,786 103,385 508,943 23.92 3,888,400 13.09%

2001 127,192 72,597 49,448 68,682 69,758 68,021 455,698 23.92 3,517,931 12.95%

2000 122,836 67,162 45,090 64,032 64,439 59,318 422,875 23.92 3,280,655 12.89%

1999 111,744 57,285 40,641 65,144 62,392 43,738 380,943 25.04 2,936,668 12.97%

Note: Residential properties are assessed at 10% of fair martlet value, other property excluding land are to be assessed at 15%, and public service peroperties excluding land are to be assessed at 25% of fair mar1<et value.

Source: Lafourche Parish Assessor's Office

207

LAFOURCHE PARISH GOVERNMENT PROPERTY TAX RATES

DIRECT AND OVERLAPPING GOVERNMENTS* LAST TEN YEARS

(unaudited) Exhibit X-7

Year

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

Parish Direct

Operating Millage

9.09

9.54

9.54

9.54

9.54

10.53

10.53

10.53

10.53

11.02

11.04

Overiapping Rates

Parish Operating

Millage

11.85

12.54

12.14

12.14

12.14

13.39

13.39

13.39

13.39

14.02

14.02

School Millage

43.30

43.30

43.30

43.30

43.30

43.60

43.60

43 60

43.12

43.33

43.33

Special Districts Millage

24.21

22.71

24.63

24.63

24.40

25.50

25.50

25.39

25.39

25.54

25.95

Direct Special Districts Millage

43.22

40.96

39.96

39.53

37.99

42.05

40.05

41.75

43.73

45.72

47.72

Total Direct &

Overiapping Rates

131.67

129.05

129.57

129.14

127.37

135.07

133.07

134.66

136.16

139.63

142.06

* Not included are the following: Bayou Blue Fire District, Central Lafourche Ambulance, Drainage District 1, Drainage District 5, Fire District 1, Fire District 2, Fire District 4, Fire District 5, Fire District 6, Fire District 7, Fire District 8-C, Fire District 9, Fire T&L #6, Hospital District 2, LTC Fee, North Lafourche Levee LB, North Lafourche Levee RB, Recreation District 1, Recreation District 2, Recreation District 8, Recreation District 11, and South Lafourche Levee RB. These represent isolated areas that affect less than a majority of Parish residents.


208

LAFOURCHE PARISH GOVERNMENT PRINCIPAL PROPERTY TAX PAYERS

CURRENT YEAR AND NINE YEARS AGO (unaudited)

(in thousands)

2008

Taxpayer

Chouest Offshore Service Vessel

Mars Oil Pipeline Company

Loop LLC

Seacore Offshore, LLC

Chevron/Texaco Exploration

Hombeck Offshore Services

Candies, Otto LLC

Entergy Louisiana, LLC

LOCAP, Inc.

Capital One

Hibemia National Bank

Discovery Gas Distribution, LLC

Alpha Marine Services, LLC

Lafourche Telephone Co., Inc.

Bellsouth Telecommunications

Assed

Valuation

51,342

13,661

13,493

13,266

12,737

12,100

10,349

9,700

8,751

8,212

Rank

1

2

3

4

5

6

7

8

9

10

Percentage of Total Assed

Valuation

0.01%

1.78%

1.76%

1.73%

1.66%

1.58%

1.35%

1.27%

1.14%

1.07%

Assed Valuation

6,085

11.120

5,698

8,269

8,964

Exhibit X-8

1999

Rank

Percentage of Total Assed

Valuation

1.60%

2.92%

1.50%

2.17%

2.35%

153,612 13.36%

9,379

7,374

7,084

6,041

5,912

$ 75,926

3

5

6

8

10

2.46%

1.94%

1.86%

1.59%

1.55%

19.93%


209

LAFOURCHE PARISH GOVERNMENT PROPERTY TAX LEVIES AND COLLECTIONS

LAST SEVEN YEARS (unaudited)

Exhibit X-9

Fiscal Year Ended

December 31

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Collection Year Ended

December 31

2008

2008

2007

2006

2005

2004

2003

2002

2001

2000

Total Tax Levy *

S 74,817,210.18 3

$ 62,397,989.42 3

56,751,181.85

53,288,788.67

52,709,127.99

50,347,900.54

47,637,384.07

41,028,177.67

37.845,381.70

34,680,258.75

Collected V\/ithin the Fiscal Year of the Levy

Collections

982.25

61,585,157.92

56,078,476.45

52,430,173.55

51,621,549.63

49,707,404.67

46,924,608.04

N/A

N/A

N/A

' Percent of Levy

0.0%

98.7%

98.8%

98.4%

97.9%

98.7%

98.5%

0.0%

0.0%

0.0%

Collections in Subsequent

Years

$

$

33,529.86

68,018.57

183,136.28

57,509.91

42,736.94

N/A

N/A

N/A

Total Collections to Date

Total Tax Collections

$ 982

$ 61,585,158

56,112,005

52,498,192

51,804,686

49,764,915

46,967,345

-

-

.

Percent of Levy

o:o%

98.7%

98.9%

98.5%

98.3%

98.8%

98.6%

0.0%

0.0%

0.0%

* "Total Tax Levy" represents the taxpayer portion of the original levy of the Assessor. The amounts to be paid by the taxpayer are ultimately collected in full except for adjustments due to assessment errors or delayed homestead exemptions.

Source: Lafourche Parish Tax Collector

Note: Ten years required; how/ever only seven years of information cian be obtained.

210

LAFOURCHE PARISH GOVERNMENT RATIOS OF OUTSTANDING DEBY BY TYPE

LAST TEN FISCAL YEARS (in thousands, except per capita amount)

(unaudited) Exhibit X-10

Year

Public Special Lease- Total Percentage Improvement Assessment Purchase Other Primary of Personal Per

Bonds Bonds Agreements Payable Govemment (1) Income (2) Capita (2)

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

$ 38,605

32,570

39,415

44,065

30,905

34,610

38,405

42,360

38,575

22,665

$ $

16

56

97

163

229

313

-

75

147

216

282

$ 5,462

5,462

5,462

-

.

8

126

238

346

44,067

38,107

45,024

44,281

31,203

34,666

38,509

42,649

39,042

23,324

N/A $

1.10%

1.50%

1.71 %

1.26%

1.44%

1.65%

1.88%

1.93%

1.24%

473

411

481

480

339

379

424

473

434

259

Note: Details regarding the Parish's outstanding debt can be found in the notes to the financial statements.

Source: (1) Long-term deby note disclosures. Audited Comprehensive Annual Financial Reports. (2) See the Schedule of Demographic and Economic Statistics for personal income and population data.

N/A = not available

211

LAFOURCHE PARISH GOVERNMENT DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT

AS OF DECEMBER 31, 2008 (unaudited)

Exhibit X-11

Jurisdiction

Direct:

Lafourche Parish Govemment

Discretely Presented Component Units:

Total Direct Debt:

General Obligation Bonded Debt

Net Outstanding

-

3,010,000

$ 3,010,000

Percentage Applicable

To Govemment

100%

100%

Amount Applicable

To Govemment

-

3,010,000

$ 3,010,000

Overlapping:

City of Thibodaux

Lafourche Parish School Board (1)

Total Overlapping debt:

84,235,000

$ 84,235,000

100%

100% 84,235,000

$ 84,235,000

Total Direct and Overlapping debt $ 87,245,000 $ 87,245,000

2008 Population 93,083

Per Capita $ 937.28

(1) The fiscal year of the Lafourche Parish School board ends on June 30th. Overiapping debt is based on June 30, 2008 financial infonnation.

Source: Audited Comprehensive Annual Financial Reports of Lafourche Pansh Govemment, City of Thibodaux, and Lafourche Parish School Board

212

LAFOURCHE PARISH GOVERNMENT LEGAL DEBT MARGIN INFORMATION

LAST TEN FISCAL YEARS (unaudited)

Exhibit X-12

2008 2007 2006 2005 2004 2003 2002 2001 2000 1999

Debt Limit 76,567 65,843 60,799 57,881 57,719 52,553 50,894 45,570 42,288 38,094

Total net debt related to limit - - - - - - - - - -

Legal debt margin $76,567 $65,843 $60,799 $57,881 $57,719 $52,553 $50,894 $45,570 $42,288 $38,094

Total net debt related to limit as a percent of debt limit 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

Legal Debt Margin Calculation for Fiscal Year 2008

Assessed Value $604,587

Add back: exempt real property $161,085

Total assessed value $765,672

Debt Limit (10% of total assessed value) $76,567

Debt applicable to limit: General obligation bonds $ Less: Amount set aside for repayment of general obligation bonds $

Total net debt applicable to limit $

Legal debt margin $76,567

Note: Under state finance law, the Lafourche Parish Govemment's outstanding general obligation debt should not exceed 10 percent of total assed property value. By law, tiie general obligation debt subject to the limitation may be offset by amounts set aside for repaying general obligation bonds. As of the current fiscal year, the parish did not have any outstanding general obligation debt.


213

LAFOURCHE PARISH GOVERNMENT PLEDGED-REVENUE COVERAGE


Fiscal Year

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Special Assessment Collections

$

-

-

-

-

-

-

-

3

54,278

Principal

$

-

-

15,544

40,511

40,517

66,142

96,151

92,706

97,220

Debt Service

Interest

$ -

-

-

984

3,504

5,750

9,830

13,112

12,642

13,257

Total

$

-

-

16,528

44,015

46,267

75,972

109,263

105,348

110,477

Coverage

0%

0%

0%

0%

0%

0%

0%

0%

0%

49%

Exhibit X-13

Source: Non-Major Debt Service Funds - Special Assessment, Combining Statement of Revenue, Expenditures and Changes in Fund Balance

214

LAFOURCHE PARISH GOVERNMENT DEMOGRAPHIC AND ECONOMIC STATISTICS

LAST TEN CALENDAR YEARS (unaudited)

Exhibit X-14

Year

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Population (1)

93,083

92.713

93,554

92,179

91,955

91,440

90,773

90,123

89,974

90,062

$

$

$

$

$

s

$

$

$

Personal Income (1)

N/A

3,456,901,000

3,008,764,000

2,594,976,000

2,469,465,000

2,404,545,000

2,327,766,000

2,269,902,000

2,027,866,000

1,887,585,000

Per Capita Personal

Income (1)

N/A

$

$

$

$

$

$

$

$

$

37,257

32,161

28,151

26,855

26,296

25,644

25,187

22,538

20,959

Median Age (3)

36.6

36.0

35.7

36.3

34.1

34.1

34.1

34.1

34.1

29.4

Public School Enrollment (2)

14,822

14,875

14,836

14,841

14,901

15,160

15,274

15.308

15,381

15,578

Unemployment Rate(1)

3.30%

2.70%

2.80%

5.60%

4.60%

4.70%

4.50%

4.20%

4.20%

3.40%

Source: (1) Louisiana Works, Department of Labor (2) Lafourche Parish School Board (3) us Census Bureau

N/A - Data was not available at the time the report was published.

215

Employer

LAFOURCHE PARISH GOVERNMENT PRINCIPAL EMPLOYERS

CURRENT YEAR AND NINE YEARS AGO (unaudited)

2008 Employees Industry

Bollinger Shipyards Inc

Intemafional Boat Rentals Inc

John Deere Thibodaux Inc

Nicholls state University

Thibodaux Regional Medical Ctr

Walmart Supercenter

C-Port

Crosby Boat Co

Crosby Tugs LLC

GlSlnc

500-999 Ship Building and Repairing

500-999 General Contractor

500-999 Industrial & Commercial Machinery

500-999 Schools - University

500-999 Hospital

500-999 Department Store

250-499 Oil & Gas

250-499 Boat Dealer

250-499 Boat Rental & Charter

250-499 Welding

Employees

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Exhibit X-15

1999 Industry

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Source: Louisiana Works, Department of Labor

N/A = not available

216

LAFOURCHE PARISH GOVERNMENT FULL-TIME EQUIVALENT PARISH EMPLOYEES


Exhibit X-16

Full-time Equivalent Employees Allotted in Annual Budget

General Fund

Legislative

City Court

ITTh Judicial District Court

Court Reporters

District Attomey

Registrar Of Voters

Finance

Executive

Information Technology

Purchasing

Risk Management

Human Resources

Civil Service

Planning

911

Coroner

Civil Defense

EMTs

Justice ofthe Peace/Constables

Public Worths

Community Services

South Lafourctie Airport


Special Revenue

Animal Control

Building And Maintenance

Roads

Drainage


Solid Waste

Health Unit Recreation

Criminal Court

Special District #1

Dnjg Court

Office Of Emergency Preparedness

IV-D

Health Activity

Head Start

CACFP

Office of Community Action

Weatherization

LIHEAP

Wort<ers' Compensation

CSBG

CZM

2008

12

3

8

6

39

5

9

5

2

2

2

5

2

6

1

7

0

0

8

8

2

0

2

3

11

72

66

0

7

9 3

6

1

10

3

10

1

88

2

0

0

0

0

5

2

433

2007

12

2

9

7

42

6

9

6

3

2

2

4

1

6

1

5

0

0

8

16

2

0

2

3

17

77

83

0

7

10 2

5

3

10

3

7

1

84

2

0

0

0

2

6

3

470

2006

12

2

9

7

41

6

9

5

2

2

2

4

1

6 1

4

0

0

8

6

2

0

2

3

16

81

79

0

7

10 2

5

2

8 2

7

1

87

3

0

4

3

3

6

3

463

2005

12

2

8

6

35

6

9

7

0

2

3

3

1

5

1

4

0

0

8

5

2

0

2

0

15

83

79

0

9

8 2

3

0

7

2

7

0

70

0

5

0

0

0

0

2

413

2004

11

2

8

6

42

5

9

6

0

1

0

5

1

5

1

4

2

0

8

4

4

0

2

0

13

76

81

0

6

6

2

5

0

8

0

7

0

76

5

0

1

4

2

7

1

426

2003

11

2

7

6

35

5

9

0

0

0

0

5

0

5

1

4

2

1

8

3

1

0

0

0

8

74

63

0

6

6 2

5

3

5

0

6

0

87

2

0

1

1

1

5

2

382

2002

12

2

7

6

33

6

10

0

0

0

0

5

0

5

1

4

2

3

8

3

6

0

0

0

8

73

57

1

6

5 2

5

3

4

0

2

0

80

3

0

1

5

1

6

2

377

2001

12

2

6

5

30

6

11

0

0

0

0

4

0

6

1

4

2

3

8

3

2

1

0

0

7

71

56

1

6

4

2

4

5

4

0

2

0

82

3

0

1

3

2

6

2

367

2000

13

2

6

6

32

5

8

0

0

0

0

2

0

5

1

3

1

4

8

3

1

1

0

0

6

64

52

1

4

3 2

3

5

4

0

3

0

71

3

0

0

0

2

6

3

333

1999

10

2

5

6

27

5

•8

1

0

0

0

4

0

6

1

3

1

4

8

3

2

1

0

0

5

64

51

1

6

3

2

3

5

4

0

4

0

72

0

0

0

0

2

6

2

327

Source: Lafourche Parish Govemment payroll records

217

LAFOURCHE PARISH GOVERNMENT CAPITAL ASSET STATISTICS BY FUNCTION


FUNCTION

Roads & Bridges

Number of Public Streets Bridges

Drainage Drainage Systems Drainage Pumps

Street Lights Caution Lights

Recreation Partes Walking Trails

2008

1486 43

75 75

4

9 8

2007

1438 43

75 75

4

9 8

2006

1367 43

75 75

4

9 9

2005

1349 43

75 75

4

9 9

2004

1332 43

72 72

4

9 9

2003

1309 43

72 72

4

9 9

2002

1287 42

71 71

4

9 9

2001

1286 42

71 71

4

9 9

2000

1283 41

71 71

4

9 9

Exhibit X-17

1999

1260 41

71 71

4

9 9

Source: Lafourche Parish Govemment - respective departments

218

LAFOURCHE PARISH GOVERNMENT OPERATING INDICATORS BY FUNCTION


FUNCTION

Roads 8i Bridges Potholes Repaired Signs Repaired/Installed Speed Bumps Installed

2008

300 858

5

2007

n/a 667

7

2006

n/a 768 n/a

2005

n/a 867 n/a

2004

n/a n/a n/a

2003

n/a n/a n/a

2002

n/a n/a n/a

2001

n/a n/a n/a

Exhibit X-18

2000

n/a n/a n/a

1999

n/a n/a n/a

Drainage Culverts Installed 316 467 15 n/a n/a n/a n/a n/a n/a n/a

Solid Waste Average Number of Households Serviced 30,465 30,465 29,650 28,250 27,759 27,100 26,575 26,000 25,919 25,419

Animal Shelter* Impounded Animals Adoptions

3326 360

2870 410

408 77

Recreation Summer Programs

Source: Lafourche Parish Govemment - respective departments

n/a = Information not available * Lafourdie Parish Animal Shelter opened in 2006

219

• — - ^ .

/ \^>—--;oA.

1^1 SEAL \%\

220

Sii^gle yAudif Secfion

LAFOURCHE fe^ditiij ik' fu^dng ' 'Amer ica

in

Ui CD

_ . o

/GOVERNMENT

. . PARISH „X

\ o \ .

*^t. if

0

i7

^ ^ o o o « » « > ^


Reports on Compliance and Internal Control

December 31, 2008

221

[^ SEAL !^

222

STAGNI & COMPANY, LLC CERTIFIED PUBLIC ACCOUNTANTS & CONSULTANTS

REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL

STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the President and Members of the Lafourche Parish Council Thibodaux, LA

We have audited the financial statements of the govemmental activities, the business-type activities, the aggregate discretely presented component units, each major fund, and the aggregate remaining fund information of the Lafourche Parish Govemment (the "Parish"), as of and for the year ended December 31. 2008, which collectively comprise the basic financial statements and have issued our report thereon dated June 11, 2009. We conducted our audit in accordance v rith auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Govemment Auditing Standards, Issued by the Comptroller General of the United States.

Intemal Control Over Financial Repor^ng

in planning and perfonning our audit, we considered the Parish's intemal 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 for expressing an opinion on the effectiveness of the Parish's internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Parish's intemal control over financial reporting.

A control deficiency exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A significant deficiency is a control deficiency, or combination of control deficiencies, that adversely affects the entity's abiirty to initiate, authorize, record, process, or report financial data reliably in accordance with generally accepted accounting principles such that there is more than a remote likelihood that a misstatement of the entity's financial statements that is more than inconsequential will not be prevented or detected by the entity's internal control.

A material weakness is a significant deficiency, or combination of significant deficiencies, that resutts in more than a remote likelihood that a material misstatement of the financial statements will not be prevented or detected by the entity's intemal control.

2 0 7 U F A Y E AVENUE • THIBODAUX, LA 7 0 3 0 I ( 9 8 5 ) 4 4 7 - 7 2 2 6

1 4 0 1 HUDSON U N E * SUITE 2 0 1 • M O N R O E , LA 7 1 2 0 1 0 1 8 ) 3 2 2 - 2 8 7 0

FiRMWiDE FAX ( 9 8 5 ) 4 4 6 - 3 0 3 2

EMAIL: [email protected]

MEMBERS: AICPA • LCPA

223

mailto:[email protected]

To the President and Members of the Lafourche Parish Council Page 2 of 2

Our consideration of intemal control over financial reporting vras for the limited purpose described in the first paragraph of this section and vw>ukJ not necessarily identify all deficiencies in intemal control that might be significant deficiencies or material weaknesses. We did not identify any deficiencies in intemal control over financial reporting that we consider to be material weakr>ess^ as defined above.

Compliance and Ottier Matters

As part of obtaining reasonable assurance about whether the Parish's finarraal statements are free of material misstatenr>ent we perfonned tests of its compliance with certain provisions of laws, regulations, contracts and grants, 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 that is required to be reported under Govemment Auditing Standards.

This report is intended solely for the informafion and use of the management of the Parish, the Legislative Auditor ofthe State of Louisiana, and federal awarding agencies and pass-through entities and Is not intended to be and shouhj not be used by anyone other than these specified parties. Under Louisiana Revised Statute 24:513, this report is distributed by the Legislative Auditor as a public document.

^ t o a n i €!f L^4Mnpanu

Thibodaux, Louisiana June 11,2009


224

STAGNI & COMPANY, LLC CEFTTIFIED PUBLIC ACCOUNTANTS 5. CONSULTANTS

REPORT ON COMPLIANCE WITH REQUIREMENTS APPUCABLE TO EACH MAJOR PROGRAM AND INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE

WITH OMB CIRCULAR A-133

To the President and Members of the Lafourche Parish Council

Thibodaux, Louisiana

Compliance

We have audited the compliance of the Lafourche Parish Govemment (the Parish) with the types of compliance requirements described in the U.S. Office of Management and Budget (OMB) Circular A-133 Compliance Supplement that are applicable to each of its major federal programs as of and for the year ended December 31, 2008. The Parish's major federal programs are identified in the summary of auditor's results section of the accompanying Schedule of Findings arKl Questioned Costs. Compliance with the requirements of laws, regulations, contracts and grants applicable to each of its major federal programs is the responsibility of the Parish's management. Our responsibility is to express an opinion on the Parish's compliance based on our audit.

We conducted our audit of compliance in accordance with auditing starKlards generally accepted in the United States of America; the standards applicable to financial audits contained in Govemment Auditing Standards, issued by the Comptroller General of the United States; and OMB Circular A-133, "Audits of States. Local Govemments, and Non-Profit Organizations." Those starnJards and OMB Circular A-133 require that we plan arKl 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 the Parish's compliance with those requirements ar>d perfonning 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 legal determination on the Parish's compliance witii those requirements.

In our opinion the Parish complied, in all material respects, with the requirements referred to above that are applicable to each of Its major federal programs for the year ended December 31, 2008.

2 0 7 LAFAYE A V E N U E • THIBODAUX. LA 7 0 3 0 I ( 9 8 5 ) 4 4 7 - 7 2 2 6

I 4 0 1 HUDSON U N E ' Sunr: 2 0 I • M O N R O E . LA 7 1 2 0 1 ( 3 1 6 ) 3 2 2 - 2 8 7 0

FIRMWIDE FAX ( 9 8 5 ) 4 4 6 - 3 0 3 2

EMAIL: STAGNl(a)sTAGNI.COM

M E M B E R S : AICPA • LCPA

225

To the President and Members of Lafourche Parish Council

Page 2

Internal Control over Compliance

The management of the Parish is responsible for establishing and maintaining effective internal control over compliance with requirements of laws, regulations, contracts and grants applicable to federal programs. In planning and performing our audit, we considered the Parish's intemal control over compliance with requirements that could have a direct and material effect on a major federal program in order to determine our auditing procedures for the purpose of expressing our opinion on compliance but not for the purpose of expressing an opinion on the effecirveness of intemal control over compliance. Accordingly, we do not express an opinion on the effectiveness of the Parish's Intemal control over compliance.

A control deficiency in an entity's interna! control over compliance exists when the design or operation of a control does not allow management or employees, in the normal course of perfonning their assigned functions, to prevent or detect noncompliance with a type of compliance requirement of a federal program on a timely basis. A significant deficiency Is a control deficiency, or combination of control deficiencies, that adversely affects the entity's ability to administer a federal program such that there Is a more than remote likelihood that noncompliance with a type of compliance requirement of a federal program that is more than inconsequential will not be prevented or detected by the entity's intemal control.

A material weakness Is a significant deficiency, or combination of significant deficiencies, that results In more than a remote likelihood that a material noncompliance with a type of compliance requirement of a federal program will not be prevented or detected by the entity's intemal control.

Our consideration of intemal control over compliar>ce was for the limited purpose described in the first paragraph of this section ar>d would not necessarily identify all deficiencies In Intemal control that might be significant deficiencies or material weaknesses. We did not identify any deficiencies in Internal control over compliance that we consider to be material weaknesses as defined above.

This report is Intended solely for the Information and use of management, federal awarding agencies and pass-through entitles, and the Legislative Auditor and Is not intended to be ar>d should not be used by anyone ottier than these specified parities. Under Louisiana Revised Statute 24:513, this report is distributed by the Legislative Auditor as a public document.

^ l a a n i &Coi *mpanu Thibodaux, Louisiana June 11. 2009


226

LAFOURCHE PARISH GOVERNMENT SCHEDULE OF FEDERAL AWARDS

December 31. 2008

FEDERAL GRANTING AGENCY DEPARTMENT OF AGRICULTURE

LA Department of Education - Pass through payments: Child and Adult Care Food Program Child and Adult Care Food Program Child Care Food Program-Headstart

Total Department of Agriculture

FUND Grant ID# CFDA 2008

Expenditures

141 141 131

FP008 FP007

10.558 10.558 10.558A

160,626 46,497

150,078 357,201

DEPARTMENT OF COMMERCE Department of Natural Resource - Pass through payments:

Coastal Zone Management Administration Awards Coastal Zone Management Administration Av /ards

Total Department of Commerce

181 BM005 11.419 181 NA03N054190084 11.419

3,500 58,604 62,104

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Department of Administration - Pass through payments:

Community Development Block Grants/Small Cities Program Morristown Sewerage Project 195

Total Department of Housing and Urban Development 596975 14.219 12,997

12,997

DEPARTMENT OF ENERGY Department of Social Sen/Ices - Pass through payments:

Weatherization Assistance for Low-Income Persons Weatherization Assistance for Low-Income Persons Weatherization Assistance for Low-Income Persons

Total Department of Energy

143 143 143

W0009 W0008 W0007

81.042 81.042 81.042

62,147 21,207

-

83,354

DEPARTMENT OF HOMELAND SECURITY Dept of Public Safety & Corrections - Pass through payments:

Hazard Mitigation Grant - Nolan Toups Hazard Mitigation Grant - -309 Winder Road Hazard Mitigation Grants

Public Assistance Public Assistance Public Assistance Public Assistance Public Assistance Public Assistance Public Assistance Public Assistance Public Assistance

Grants Grants Grants Grants Grants Grants Grants Grants Grants

104 196 196

102 107 107 107 110 123 123 123 123

1437-0057-0002 1603-0057-0002 1603-0057-0009

1786-DR-LA Gustav H0005 Gustav H0003 Katrina

1792-DR-LAIke H0003 Katrina H0005 Gustav

H0001 H0003 Katrina

H0006 Ike

97.039 97.039 97.039

97.036 97.036 97.036 97.036 97.036 97.036 97.036 97.036 97.036

6,435 171.150 868,219

1,045,804

51,209 1,063.912

307,186 3,642,911

191,112 1,568,277

•

-807,364

7,631,972

227

LAFOURCHE PARISH GOVERNMENT SCHEDULE OF FEDERAL AWARDS (continued)

December 31, 2008

Emergency Management Performance Grant Emergency Management Performance Grant Emergency Management Performance Grant Emergency Management Performance Grant

Hazardous Material Emergency Planning

Emergency Food and Shelter Program Total Department of Homeland Security

123 123 196 196

123

142

CD007 CD008 08018 08019

HM008

364440 including CDL

97.042 97.042 97.042 97.042

97.021

97.024

-80,336

--

80.336

7,850

21,349 8,787.311

DEPARTMENT OF HEALTH AND HUMAN SERVICES Direa Payments:

Head Start

Department of Labor - Pass through payments: Community Services Block Grant Community Services Block Grant

Department of Social Services - Pass through payments: Low Income Home Energy Assistance:

Heat Crisis Program Heat Crisis Program Heat Crisis Program

Total Department of Health and Human Services

TOTAL FEDERAL AWARDS

130

150 150

06CH0396/14

CA007 CA008

93.600

93.569 93.569

2,459,895

193,686 41,194

234,880

144 144 144

LH009 LH008 LH007

93.568 93.568 93.568

J_

978 504,729

-505,707

3,200,482

12,503.450

NOTES TO THE SCHEDULE OF FEDERAL AWARDS: Note 1 - Basis of Presentation

The accompanying schedule of expenditures of federal awards includes the federal activity of the Parish and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance 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 financial statements.

228

LAFOURCHE PARISH GOVERNMENT Schedule of Current Year Rndings

December 31, 2008

We have audited the financial statements of the govemmental activities, the discretely presented component units, the business-type activities, each major fund, and the aggregate remaining fund infomiation of the Lafourche Parish Govemment as of and for the year ended December 31, 2008, and have issued our report thereon dated June 11, 2009. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to finar>cial audits contained in Govemment Auditing Standards, issued by the Comptroller General of the United States and the provisions of OMB Circular A133.

Section I - Summary of Auditor's Reports - on the basic financial statements:

a. The independent auditor's report issued on the financial statements was unqualified.

b. Internal Control - Material Weaknesses: None Significant Deficiencies: None

c. Compliance - Non-Compliance Material to Financial Statements: None

Federal Award Programs:

a. Intemal Control - Material Weaknesses: None Significant Deficiencies: None

b. Type of Opinion On Compliance For Major Pn>grams: Unqualified

c. Are their findings required to be reported in accordance with Circular A-133, Section 510(a)? No

d. Identification of Major Programs:

CFDA Number(s) Name of Federal Program (or Cluster)

97.039 Public Assistance Grants

e. Dollar threshold used to distinguish between Type A and Type B Programs: $300.000

f. Is the auditee a 'lov^-risk' auditee, as defined by OMB Circular A-133? Yes

Section II - Financial Statement Findings:

No current year findings.

Section III Federal Award Findings and Questioned Costs

No current year findings.


229

Fiscal Year Finding Initialty

Ref. No. Occurred

LAFOURCHE PARISH GOVERNMENT STATUS OF PRIOR AUDIT FINDINGS

Decembers ! 2008

Description of Finding

Corrective Action Taken

(Yes, No, Partially)

Planned Corrective Action/Partial

Corrective Action Taken

Section I - Irrtemat Control and Compliance Material to the Foiandal Statements:

NONE

Section II - Internal Control ^ d Compliance Material to Federal Awards:

NONE

Sectbn III - Management Letter

2007-1 2007 BUDGET COMPLIANCE Yes Resolved

This summary schedule of prior audit findings includes all prior audit findings and management letter comments. It also includes audit findings reported in the prior auditor's summary schedule of prior audit findings, except those audit findings listed as corrected or no longer valid or not warranting further action.


230

LAFOURCHE PARISH GOVERNMENT SPECIAL ACKNOWLEDGEMENTS

FINANCE

Joel Doty Finance Director

Chastity Himel Accounting Manager

Budget

Renita Jackson Accountant II Construction

Jenica Collier Accountant II

Audit

Cassie Daugherty Accountant II Fixed Assets

Sonya Ockman Accountant II

Payroll

Faye Morvant Accountant I

Payables

Connie Duet Accountant II

Community Services

Kathy Grabert Accounting Clerk

Payables

Tara LeBlanc Purchasing Specialist II

Purchasing

231

X>i>X o ;

s f e ^ l l w^/

232

»%,

i^l SEAL ig j \ o \ ^ •^>t/i'/

V 0

0

J 9

"^"-^^^^^^^

louisiana -

Documents