st. landry parish government - louisianaapp1.lla.la.gov/publicreports.nsf/3917f77cb80e397b...st....

ST. LANDRY PARISH GOVERNMENTOpelousas, Louisiana

Financial Report

Year Ended December 31, 2006

Under provisions of state law, this report is a publicdocument Acopy of the report has been submitted tothe entity and other appropriate public officials. Thereport is available for public inspection at the BatonRouge office of the Legislative Auditor and, whereappropriate, at the office of the parish clerk of court.

Release Date '

TABLE OF CONTENTS

PageNo.

Management's Discussion and Analysis (Unaudited) 1-6

Independent Auditor's Report 7-8

BASIC FINANCIAL STATEMENTS

GOVERNMENT-WIDE FINANCIAL STATEMENTS (GWFS)Statement of net assets 11Statement of activities 12-13

FUND FINANCIAL STATEMENTS (FFS)Balance sheet - governmental funds 15-16Reconciliation of the governmental funds balance sheet

to the statement of net assets 17Statement of revenues, expenditures, and changes in fund balances -

governmental funds 18-19Reconciliation of the statement of revenues, expenditures, and

changes in fund balances of governmental funds to the statement of activities 20Statement of net assets - fiduciary funds 21

Notes to basic financial statements 22-43

REQUIRED SUPPLEMENTARY INFORMATIONBudgetary comparison schedules:

General Fund 45Road and bridge maintenance fund 46Health unit maintenance fund 47

OTHER SUPPLEMENTARY INFORMATION

NONMAJOR GOVERNMENTAL FUNDSCombining balance sheet 50Combining statement of revenues, expenditures and changes in fund balances 51

Nonmajor Special Revenue Funds -Combining balance sheet 53-54Combining statement of revenues, expenditures, and changes in fund balances 55-56Road District Maintenance FundsCombining balance sheet 57-58Combining statement of revenues, expenditures, and changes in fund balances 59-60

(continued)

PageNo.


Nonmajor Debt Service Funds -Combining balance sheet 62Combining statement of revenues, expenditures, and changes in fund balances 63Road District Sinking FundCombining balance sheet 64Statement of revenues, expenditures, and changes in fund balances 65

Nonmajor Capital Project Funds -Combining balance sheet 67Combining statement of revenues, expenditures, and changes in fund balances 68Road District Capital Project Funds

Combining balance sheet 69Combining statement of revenues, expenditures, and changes in fund balances 70

Discretely Presented Component Units -Combining balance sheet 72-73Reconciliation of the governmental funds balance sheet to the statement

of net assets 74Combining statements of revenues, expenses, and changes in fund balances 75-76Reconciliation of statement of revenues, expenditures, and changes in fundbalances of governmental funds to the statement of activities 77

Workforce Investment BoardCombining program balance sheets 78Combining program statement of revenues, expenditures, andchanges in fund balances 79

INTERNAL CONTROL, COMPLIANCE AND OTHER GRANT INFORMATION

Report on internal control over financial reporting and on complianceand other matters based on an audit of financial statementsperformed in accordance with Government Auditing Standards 81-82

Report on compliance with requirements applicable to eachmajor program and internal control over compliance inaccordance with OMB Circular A-133 83-84

Schedule of prior year findings and questioned costs 85Schedule of findings and questioned costs 86-87Management's corrective action plan for current year findings 88Schedule of expenditures of federal awards 89-90


MANAGEMENT'S DISCUSSION AND ANALYSIS

Our discussion and analysis of St. Landry Parish Government's (SLPG) financial performance provides anoverview and analysis of the financial activities of St. Landry Parish Government for the fiscal year endedDecember 31, 2006. The Management's Discussion and Analysis (MD&A) is designed to focus on thecurrent year's activities, resulting changes and currently known facts. Please read it in conjunction with theSLPG's financial statements which begin on page 11.

FINANCIAL HIGHLIGHTS

• Assets of SLPG primary government exceeded its liabilities at the close of this fiscal year by $12.4million (net assets). Of this amount 37%, or $4.5 million (unrestricted net assets), may be used tomeet SLPG's ongoing obligations to citizens and creditors, including mandated expenses.

SLPG's total net assets increased $1.0 million (9%) during 2006.

As of the end of the fiscal year, SLPG's governmental funds reported total fund balances of $8.0million which represents a 13% increase over prior year.

• Cash and investments available at year end, excluding $2 million reserved for debt service and capitalimprovements, totaled $1.8 million for the primary government. This is an increase of $100 thousandor 6% from last year.

SLPG purchased $.6 million of capital assets during 2006.

Resources available for appropriation in the General Fund exceeded the amount budgeted for 2006 by$.5 million while expenditures and transfers exceeded budgetary amounts by $.2 million.

OVERVIEW OF THE FINANCIAL STATEMENTS

With the implementation of Governmental Accounting Standards Board Statement No. 34, the presentation offinancial statements focuses on SLPG as a whole (government-wide) and the major individual funds. Bothperspectives (government-wide and major fund) allow the reader to address relevant questions, broaden abasis for comparison (year to year or government to government), and should enhance SLPG's accountability.

Government-Wide Financial Statements

The government-wide financial statements (pages 11 through 13) are designed to be similar to private-sectorbusinesses in that all the governmental activities are consolidated into a column which is the total for theprimary government. These statements combine governmental funds' current financial resources with capitalassets and long-term obligations. Component units are separate legal governmental entities to which SLPGmay be obligated to provide financial assistance and are presented as a separate column in the government-wide statements and as individual activities in the fund financial statements. These financial statementsinclude the activities of only certain component units, including those for which SLPG maintains financialrecords. The financial activities of other component units that form the reporting entity are not included. TheStatement of Net Assets presents information on all SLPG's assets and liabilities, with the difference betweenthe two reported as net assets. Over time, changes in net assets may serve as a useful indicator of whether thefinancial position of SLPG is improving or deteriorating.

1

The Statement of Activities presents information showing how SLPG's net assets changed during the currentfiscal year. All changes in net assets are reported as soon as the underlying event giving rise to the changesoccurs, regardless of the timing of the related cash flows. Thus, revenues and expenses are reported in thisstatement for some items that will only result in cash flows in future fiscal periods. For example, uncollectedtaxes and interest incurred but not paid on debt result in cash flows for future periods. The focus of theStatement of Activities is on both the gross and net cost of various activities that are provided by thegovernment's general tax and other revenues. This is intended to summarize information and simplify theuser's analysis of cost of various governmental services and/or subsidy to various component units.

The governmental activities reflect SLPG's basic services including general government (legislative, judicial,elections, finance and administration), public safety, public works, and health and welfare. These services arefinanced primarily with taxes.

Fund Financial Statements

A fund is a grouping of related accounts that is used to maintain control over resources that have beensegregated for specific activities or objectives. Traditional users of governmental financial statements willfind the fund financial statements presentation more familiar. The focus is on major funds, rather than genericfund types. Our analysis of SLPG's major funds begins on page 4. The presentation of major fund financialstatements begins on page 15 and provides detailed information about the most significant funds - not theParish as a whole.

Governmental Funds are used to account for essentially the same functions reported as governmentalactivities in the government-wide financial statements. The governmental major funds presentation ispresented on a sources and uses of liquid resources basis. Unlike the government-wide financial statements,governmental fund financial statements focus on near-term outflows of spendable resources, as well asbalances of spendable resources available at the end of the fiscal year. Such information may be useful inevaluating a government's current financing requirements. SLPG has presented the General Fund, the Roadand Bridge Maintenance Fund, the Health Unit Maintenance Fund, and the Jail Tax Sinking Fund as majorfunds. All nonmajor governmental funds are presented in one column, labeled Other Governmental Funds.Combining financial statements of the nonmajor funds can be found in the other supplementary informationsection which begins on page 49.

The total column on the governmental funds financial statements requires reconciliation to the government-wide financial statements. The governmental funds differences result from the different measurement focusand the reconciliation is presented on the pages following each governmental funds financial statement. Theflow of current financial resources will reflect bond proceeds and interfund transfers as other financial sourcesas well capital expenditures and bond principal payments as expenditures. The reconciliation will eliminatethese transactions and incorporate the capital assets and long-term obligations into the GovernmentalActivities column in the government-wide financial statements.

Capital Assets

General capital assets include land, land improvements, buildings, furniture and equipment used in operationsand that exceed SLPG's capitalization threshold (Note 8). At the end of 2006, the SLPG had $5.8 millioninvested in capital assets as noted below. This amount represents a net decrease (including additions,deletions and depreciation) of $153,000 or 3% from last year.

Capital Assets at Year-End(Net of Accumulated Depreciation)

Balance12/31/05 Increase Decrease

Balance12/31/2006

Governmental acitivites -LandBuildings and improvementVehiclesEquipment, furniture and fixtures

455,9434,131,870

79,5821.274.868

5680.253

(223,410)(10,065)

$ 455,9433,908,460

69,5731.355.121

$ 5.942.263 $ 80.309 $ r233.475^ S 5.789.097

GOVERNMENT-WIDE FINANCIAL ANALYSIS

The following schedule reflects the condensed Statement of Net Assets as of December 31,2006 and 2005.

St. Landry Parish GovernmentNet Assets

Governmental Activities(in thousands)

Assets:CurrentCapital assets

Total assets

Liabilities:Current liabilitiesLong-term liabilities

Total liabilities

Net assets:Invested in capital assets, net of debtRestrictedUnrestricted

Total net assets

2006

8,3975.78914.186

6711.1031.774

5,6532,2454.514

12.412 $_

2005

7,7245.94213.666

8741.3872.261

5,7712,2253.409

11.405

SLPG's net assets at year end total $12.4 million. Approximately 45% ($5.7 million) of SLPG's net assets asof December 31,2006 reflects SLPG's investment in capital assets (land, buildings, fiirniture and equipment)net of any related outstanding debt used to acquire those assets. SLPG uses these capital assets to provideservices to citizens; consequently, these assets are not available for future spending. Another 18% of SLPG'snet assets are subject to external restrictions on how they may be used. The remaining 37% ($4.5 million) ofnet assets, referred to as unrestricted, may be used to meet the ongoing obligations of SLPG to citizens andcreditors, including those mandated by law.

The following schedule provides a summary of the changes in net assets for the year ended December 31,2006 and 2005:

St. Landry Parish GovernmentChanges in Net Assets


2006 2005Revenues:

Program revenues -Fines, fees and charges for services $ 796 $ 714Operating grants and contributions 1,027 1,197Capital grants and contributions 166 136

General revenues -Taxes 6,545 5,828Royalties, commissions and fees 170 1472% fire insurance rebate 286 245

Grants and contributions notrestricted to specific purposes 357 348

Other 319 590Total revenues 9,666 9.205

Expenses:General government 2,821 2,741Public safety 1,097 1,098Public works 3,764 3,777Health and welfare 933 934Interest on long-term debt 44 71.

Total expenses 8.659 8.621

Change in net assets 1,007 584

Net assets, beginning 11.405 10.821

Net assets, ending $ 12.412 S 11.405

SLPG's total revenues were $9.7 million and the total cost of all programs and services was $8.7 million. Netassets increased $1.0 million from operations during the year. As shown in the Statement of Activities, theamount that taxpayers financed was $7.3 million since some of the cost of the governmental activities waspaid by those who directly benefited from the programs ($.8 million) or by other governments andorganizations that subsidized certain programs with grants and contributions $ 1.2 million). Program revenuesonly covered 23% of total expenses. The remainder of expenses was paid with taxes and other revenues.

SLPG's activities include general government and public works which account for $6.6 million or 76% ofresources, followed by public safety and health and welfare.

FINANCIAL ANALYSIS OF GOVERNMENT FUNDS

As noted earlier, SLPG uses fund accounting to ensure and demonstrate compliance with finance-related legalrequirements.

The focus of SLPG's governmental funds is to provide information on near-term inflows, outflows, andbalances of spendable resources. Such information is useful in assessing SLPG's financing requirements. Inparticular, unreserved fund balance may serve as useful measure of a government's net resources available forspending at the end of the fiscal year.

As of the end of the fiscal year, SLPG's governmental funds reported combined ending fund balances of $8.0million, a increase of $908,000 or 13% from the prior year. Approximately 66% of total amount ($5.3million) constitutes unreserved fund balance, comprised of the general fund ($ 1.7 million), special revenuefunds ($3.5 million), and capital project funds ($. 15 million). The remainder of fund balance is reserved for(1) prisoner expense and jury witness fees, (2) judicial expenses, and (3) debt service or designated by SLPGfor specific purposes.

The General Fund is the chief operating fund of SLPG. At the end of the fiscal year, total fund balance of theGeneral Fund was $2.37 million. Compared with total fund balance of $1.87 million at the end of 2005,which is an increase of approximately $498,000 during 2006.

GENERAL FUND BUDGETARY HIGHLIGHTS

When actual results for 2006 are compared with the final budget, revenues and other financing sourcesexceeded projections by $515,000 while expenditures including other financing uses were $157,000 morethan appropriated; resulting in positive variance of $358,000 of revenues over expenditures. The favorablerevenue variance is attirubable to advalorem taxes, federal grants and severance taxes. The unfavorableexpenditures variance is attributable to capital outlay expenditures which were not included in the adoptedbudgets. See page 45 for detailed analysis of the budget to actual comparisons.

CAPITAL ASSET AND DEBT ADMINISTRATION

Capital Assets: SLPG's investment in capital assets as of December 31,2006 totaled to $5.8 million (net ofaccumulated depreciation). This investment in capital assets includes land, land improvements, buildings andimprovements, furniture and equipment. The net decrease in SLPG's investment in capital assets for currentfiscal year was $.2 million. See page 3 for a recap activities affecting capital assets during 2006.

Additional information on the SLPG's capital assets can be found in Note 8 of this report.

Long-term Debt: At the end of the current fiscal year, SLPG had total bonded debt outstanding of $925,000.This amount comprises debt backed by the full faith and credit of SLPG. In addition to bonds payable, SLPGhas approximately $1.4 million of other long-term debt. The following schedule provides a summary of debtoutstanding as of December 31, 2006:

St. Landry Parish GovernmentSummary of Outstanding Debt


Public improvement bonds $ 925Paving certificates 13Claims payable 261Compensated absences 59Equipment note 136

$ 1.394

SLPG paid $356,000 of principal debt outstanding during the current year.

ECONOMIC FACTORS AND NEXT YEAR'S BUDGET AND RATES

Many factors were considered when preparing the fiscal year 2007 budget. One of those factors is the currenteconomy. Total amount available for appropriations in the General Fund budget for 2007 are $2.8 millionwhich is approximately 15% less than 2006 amended budget. This decrease is primarily due to a 26%decrease in budgeted severance tax revenues, 75% decrease in budgeted ad valorem tax revenues, 16%decrease in royalties, permits, licenses and fees and the absence of certain nonrecurring grants.

SLPG's ad valorem tax is the major revenue source in the General Fund making up 34% of budgetedrevenues for 2007.

REQUESTS FOR INFORMATION

This financial report is designed to provide a general overview of the finances of SLPG and to demonstrateaccountability for monies received. Questions concerning any of the information provided in this report orrequests for additional information should be addressed to the St. Landry Parish Government, P.O. Drawer1550, Opelousas, Louisiana, 70571-1550.

Gardes^Frederick.(A Cbcpondton ofCMMbd PoMk

INDEPENDENT AUDITOR'S REPORT

The Honorable Don Menard, Presidentand Members of the Parish Council

St. Landry Parish GovernmentOpelousas, Louisiana

Eugene H. Damall, CPA, Retired 1990Paula D. Bihm, CPA, Deceased 2002

E. Larry Sikes, CPA, CVA, CFP™Danny P. Frederick, CPA

Clayton E. Damall, CPA, CVAEugene H. Damall, III, CPA

Stephanie M. Higginbothatn, CPAJohn P. Armato, CPA

J. Stephen Gardes, CPA, CVAJennifer S. Ziegler, CPA, CFP™

Chris A. Miller, CPA, CVAStephen R. Dischler, MBA, CPA

Steven G. Moosa, CPAM. Rebecca Gardes, CPA

Pamela Mayeux Benin, CPA, CVAJoan B. Moody, CPA

Erich G. Loewer, III, MTX, CPALauren F. Verrctt, CPA

Kathleen T. Damall, CPARaegan D. Maggio, CPA

Barbara A. Clark, CPAMichelle B. Bellard,CPA

Jeremy C. Meaux, CPAKevin S. Young, CPA

Barbara Ann Watts, CPAAdam J. Curry, CPA

Chad M. Bailey, CPACarol C. Guillory, CPA

Christy S. Dew, CPAHeather N. Clement, CPA

Victoria M. LaPrairie, CPAEmily J. LeBoeuf, CPA

Rachel W. Ashford, CPAVeronica LeBleu, CPA

We have audited the accompanying financial statements of the governmental activities, the aggregatediscretely presented component units, each major fund, and the aggregate remaining fund information of theSt. Landry Parish Government, as of and for the year ended December 31,2006, which collectively comprisethe St. Landry Parish Government's basic financial statements as listed in the table of contents. Thesefinancial statements are the responsibility of the management of St. Landry Parish Government. Ourresponsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted in the United States ofAmerica and the standards applicable to financial audits contained in Government Auditing Standards, issuedby the Comptroller General of the United States. Those standards require that we plan and perform the auditto obtain reasonable assurance about whether the financial statements are free of material misstatement. Anaudit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financialstatements. An audit also includes assessing the accounting principles used and significant estimates made bymanagement, as well as evaluating the overall financial statement presentation. We believe that our auditprovides a reasonable basis for our opinions.

The financial statements referred to above include the financial activities of the primary government and eightcomponent units, including those for which the Parish maintains financial records. Financial activities ofother component units that form the reporting entity are not included.

In our opinion, except for the effects on the financial statements of the omission described in the precedingparagraph, the financial statements referred to above present fairly, in all material respects, the respectivefinancial position of the governmental activities, the aggregate discretely presented component units, eachmajor fund, and the aggregate remaining fund information of the St. Landry Parish Government as ofDecember 31, 2006, and the respective changes in financial position for the year then ended in conformitywith accounting principles generally accepted in the United States of America.

125 Rue Beauregard

Lafayette, LA 70508

Phone: 337.232.3312

Fax: 337.237.3614

123) E. Laurel Ave.

Eunice, LA 70535Phone: 337.457.4)46

Fax: 337.457.5060

1201 BrashcarAve.

Suite 301

Morgan City, LA 70380

Phone: 985.384.6264

Fax: 985.384.8140

203 S. Jefferson Street

Abbeville, LA 70510

Phone: 337.893.5470

Fax: 337.893.5470

Member of:American Institute of

Certified Public Accountants

Society of Louisiana


In accordance with Government Auditing Standards, we have also issued our report dated June 8,2007 on ourconsideration of the St. Landry Parish Government's internal control over financial reporting and our tests ofits compliance with certain provisions of laws, regulations, contracts and grants agreements and other matters.That report is an integral part of an audit performed in accordance with Government Auditing Standards andshould be considered in assessing the results of our audit.

The management's discussion and analysis and budgetary comparison information on pages 1 through 6 and45 through 47 are not a required part of the basic financial statements but are supplementary informationrequired by the accounting principles generally accepted in the United States of America. We have appliedcertain limited procedures, which consisted principally of inquiries of management regarding the methods ofmeasurement and presentation of the required supplementary information. However, we did not audit theinformation and express no opinion on it.

Our audit was conducted for the purpose of forming an opinion on the financial statements that collectivelycomprise St. Landry Parish Government's basic financial statements. The combining and individualnonmajor fund financial statements are presented for purposes of additional analysis and are not a requiredpart of the basic financial statements. The accompanying schedule of expenditures of federal awards ispresented for purposes of additional analysis as required by U.S. Office of Management and Budget CircularA-l 33, Audits of States, Local Governments, andNon-Profit Organizations, and is also not a required part ofthe basic financial statements of the St. Landry Parish Government. Such information has been subjected tothe auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairlystated in all material respects in relation to the basic financial statements taken as a whole.

A Corporation of Certified Public Accountants

Eunice, LouisianaJune 8, 2007

BASIC FINANCIAL STATEMENTS

GOVERNMENT-WIDEFINANCIAL STATEMENTS (GWFS)

10


Statement of Net AssetsDecember 31,2006

ASSETSCurrent assets:

Cash and interest-bearing depositsReceivables, netPrepaid expendituresDue from agency fundsDue from component unitsDue from other government

Total current assets

Noncurrent assets:Capital assets, net

Total assets

LIABILITIESCurrent liabilities:

Accounts payableBonds payableAccrued interestDeferred revenueCompensated absencesDue to primary governmentDue to other government

Total current liabilities

Noncurrent liabilities:Claims payableBonds payable

Total noncurrent liabilities

Total liabilities

NET ASSETSInvested in capital assets, net of related debtRestricted for debt serviceRestricted - otherUnrestricted

Total net assets

GovernmentalActivities

3,873,8894,328,414

21,743159,609

65413.000

8,397.309

5.789.09714.186.406

310,833232,60821,42737,15959,415

10.000671.442

261,442841.397

1.102.839

1.774.281

5,652,6292,062,419

182,7874.514.290

$ 12.412.125

ComponentUnits

1,105,766458,730

Total

1.564.496

2.280.1763.844.672

282,92310,0009,875

34,193654

337.645

250.000250.000

587.645

2,280,176260,000

716.8503.257.027

4,979,6554,787,144

21,743159,609

65413.000

9.961.805

8.069.27318.031.078

593,756242,608

31,30237,15993,608

65410.000

1.009.087

261,4421.091.3971.352.839

2.361.926

7,932,8052,322,419

182,7875.231.140

$ 15.669.152

The accompanying notes are an integral part of the basic financial statements.

11


Statement of ActivitiesYear Ended December 31, 2006

Program Revenues

ActivitiesGovernmental activities:

General governmentPublic safetyPublic worksHealth and welfareInterest on long-term debt

Total governmental activitiesComponent Units:

Tourist CommissionHistorical DevelopmentCriminal CourtWorkforce Investment BoardAirport AuthorityAg Arena AuthorityRegistrar of VotersFire Protection District No. 6

Total component unit activities

Total

Expenses

$ 2,820,5981,096,8423,763,769

933,62644.202

8.659.037

206,847

188,3178,875,832

303,05119,81212,461

144.6459.750,965

S 18.410.002

Fees, Finesand ChargesFor Services

OperatingGrants and

Contributions

716,75678,819 230,136

797,239

795.575 1.027.375

256,744

9,0708,765,991

265.814 8.765.991

CapitalGrants and

Contributions

153,38112,857

166.238

157,193

157.193

$ 1.061.389 $ 9.793.366 $ 323.431

General revenues:Taxes -

Property taxes - generalHotel/motel tax4% slot taxVideo pokerSeverence taxInsurance premium taxAlcohol tax

Royalties, commissions and fees2% fire insurance rebateGrants and contributions not restricted to

specific programs -State sources

Interest and investment earningsSpecial item - proceeds from sale of equipmentMiscellaneous

Total general revenues and transfers

Change in net assets

Net assets - December 31,2005

Net assets - December 31, 2006

12

Net (Expense) Revenues andChanges in Net Assets

GovernmentalActivities

$ (2,103,842)(634,506)

(2,953,673)(933,626)(44,202)

(6.669.849)

-

------_

$ (6,669,849)

$ 3,192,198140,850

1,978,261430,124661,358121,53920,397

169,708286,493

356,656140,377

2,071177.074

7.677.106

1,007,257

11.404.868

S 12.412.125

ComponentUnits

$----_

(206,847)

68,427(109,841)(136,788)

(19,812)(12,461)

(144,645)(561.967)

$ (561.967)

$ 170,554229,802104,389

------

57,82711,718

-28.024

602.314

40,347

3.216.680

$ 3.257.027

Total

$ (2,103,842)(634,506)

(2,953,673)(933,626)(44,202)

(6.669,849)

(206,847)

68,427(109,841)(136,788)(19,812)(12,461)

(144,645)(561.967)

$ (7.231,816)

$ 3,362,752370,652

2,082,650430,124661,358121,53920,397

169,708286,493

414,483152,095

2,071205.098

8.279.420

1,047,604

14.621.548

$ 15.669.152


13

FUND FINANCIAL STATEMENTS (FFS)

14


Balance SheetGovernmental FundsDecember 31,2006

Road and BridgeGeneral Maintenance

ASSETS Fund Fund

Cash and interest-bearing deposits $ 691,097 $ 216,035Receivables 1,806,660 174,640Prepaid items 10,709 11,034Due from other funds 58,729Due from agency funds - 159,609Due from component units 654Due from other governments 8,000 5.000

Total assets S 2.575.849 S 566.318

LIABILITIES AND FUND BALANCES

Liabilities:Accounts payable $ 156,304 $ 38,018Due to other funds 206Due to other government 10,000Deferred revenue 37,159 -

Total liabilities 203.669 38.018

Fund balances:Reserved for prisoner expense and jury witness fees 53,517Reserved for judicial expenses 129,270Reserved for debt serviceUnreserved, designated 444,563Unreserved, undesignated, reported in -

General fund 1,744,830Special revenue funds - 528,300Capital projects funds i i

Total fund balances 2.372.180 528.300

Total liabilities and fund balances S 2.575.849 $ 566.318

15

Health Unit Jail Tax Other TotalMaintenance Sinking Governmental Governmental

Fund Fund Funds Funds

$ 193,308 $ 1,085,959 $ 1,687,490 $ 3,873,889914,231 - 1,432,883 4,328,414

21,74334,782 93,511

159,609654

• - : 13.000S 1.107.539 $ 1.085.959 $ 3.155.155 $ 8.490.820

$ 36,753 $ - $ 79,758 $ 310,8334,369 - 88,936 93,511

10,000= z - 37.159

41.122 = 168.694 451.503

53,517129,270

1,085,959 976,460 2,062,419444,563

1,744,8301,066,417 - 1,857,053 3,451,770

- : 152.948 152.9481.066.417 1.085.959 2.986.461 8.039.317

1.107.539 S 1.085.959 $ 3.155.155 $ 8.490.820


16


Reconciliation of Governmental FundsBalance Sheet to the Statement of Net Assets

December 31,2006

Total fund balances for governmental funds at December 31, 2006 $ 8,039,317

Total net assets reported for governmental activities in thestatement of net assets is different because:

Capital assets used in governmental activities are notfinancial resources and, therefore, are not reportedin the funds. Those assets consist of:Land $ 455,943Buildings, net of $8,672,816 accumulated depreciation 2,937,459Equipment, furniture, and fixtures, net of $861,416

accumulated depreciation 1,355,121Vehicles, net of $90,489 accumulated depreciation 69,573Improvements other than buildings, net of $232,715

accumulated depreciation 971.001 5,789,097

Compensated absences payable (59,415)Claims payable (261,442)Accrued interest payable (21,427)Bonds payable (1.074.005)

(1.416.289)

Total net assets of governmental activities at December 31, 2006 $ 12.412.125


17


Statement of Revenues, Expenditures, and Changes in Fund BalancesGovernmental Funds


Revenues:Ad valorem taxAlcohol taxSlot taxRoyalties, commissions and franchise feesFines and forfeitsLicenses and permitsFederal grantsIntergovernmental revenues -

State revenues:Parish transportation fundsState revenue sharing (net)Severance tax2% fire insurance rebateInsurance premium taxGrantsVideo poker

Use of money and propertyOther revenues

Total revenues

Expenditures:Current -

General government:LegislativeJudicialElectionsFinance and administrativeOther

Public safetyPublic worksHealth and welfareCapital outlayDebt service -

Principal retirementInterest and fiscal charges

Total expenditures

Excess of revenuesover expenditures

Other financing sources (uses):Administrative feesOperating transfers inOperating transfers out

Total other financing sources (uses)

Net changes in fund balance

Fund balances, beginning

Fund balances, ending

GeneralFund

1,106,67020,397

178,142391,369390,990301,646

96,431661,358286,493121,53922,500430,12434,443136.841

4.178.943

288,9081,509,375

71,563179,926637,614560,863316,344

198,759

3.763.352

415.591

89,61937,196(44.722)82.093

497,684

1.874.496

S 2.372.180

Road and BridgeMaintenance

Fund

1,978,261

49,292

797,239

12,261

6,7878.806

2.852.646

2,648,147

28,574

34,2917.830

2.718.842

133.804

133,804

394.496

£ 528.300

Health UnitMaintenance

Fund

$ 827,511

125,959

14,64918.914

987.033

894,46116,098

910.559

76.474

(36,309)6,658

(29.65 n

46,823

1.019.594

S 1.066.417

18

Jail TaxSinking

Fund

OtherGovernmental

Funds

$ 1,258,013

2,270

5,823

TotalGovernmental

Funds

3,192,19420,397

1,978,261178,142393,639390,990356,761

30,360

30.360

116,304

54,139163.987

1.600.536

797,239338,694661,358286,493121,53934,761430,124140,378328.548

9.649.518

1,793

1.793

$ 23,275

366,930456,566

132,275

322,17946.508

1.347.733

313,9761,509,375

71,563179,926637,614927,793

3,421,057894,461375,706

356,47054.338

8.742.279

28.567 252.803 907.239

28,567

1.057.392

S 1.085.959

(52,545)217,678(216.8101(51.6771

201,126

2.785.335

S 2.986.461

765261,532(261.532)

765

908,004

7.131.313

R.Q39.317


19


Reconciliation of Statement of Revenues, Expenditures, andChanges in Fund Balances of Governmental Funds

to the Statement of ActivitiesYear Ended December 31, 2006

Total net changes in fund balances at December 31, 2006 per Statementof Revenues, Expenditures and Changes in Fund Balances

The change in net assets reported for governmental activities in thestatement of activities is different because:

Governmental funds report capital outlays as expenditures. However,in the statement of activities, the cost of those assets is allocated overtheir estimated useful lives and reported as depreciation expense.

Capital outlay which is considered expenditures on Statementof Revenues, Expenditures and Changes in Fund Balances

Depreciation expense for the year ended December 31, 2006

$ 908,004

449,047

(602,213) (153,166)

Governmental funds report bonded debt repayments as expenditures.However, those expenditures do not appear in the statement of activitiessince the payments are applied against the bond payable balance on thestatement of net assets

Excess of compensated absences accrued over amounts paid

Excess of claims payable over claims paid

Difference between interest on long-term debt on modified accrual basisversus interest on long-term debt on accrual basis

356,470

(59,415)

(54,771)

10.135

Total changes in net assets at December 31, 2006 per Statement of Activities $ 1.007.257

20


Statement of Net AssetsFiduciary Funds

December 31,2006

Agency FundsAdjudicated

PropertyFund

ASSETS

Cash, including time depositsReceivables

124.568

LIABILITIES

Due to other fundsDue to other governments

Total liabilties

124,568

124.568

RacinoFund

124,568 $ 1,480- 287.506

$ 288.986

$ 159,609129.377

$ 288.986

The accompanying notes are an integral part of the basic financial statements.21

ST. LANDRY PARISH GOVERNMENT

Notes to Financial Statements

NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The financial statements of the St. Landry Parish Government are prepared in accordance withgenerally accepted accounting principles (GAAP). The Governmental Accounting StandardsBoard (GASB) is responsible for establishing GAAP for state and local governments through itspronouncements (Statements and Interpretations). The more significant of the Parish'saccounting policies are described below.

A. Reporting Entity

The financial reporting entity consists of (a) the primary government, (b) organizationsfor which the primary government is financially accountable, and (c) otherorganizations for which the primary government is not accountable, but for which thenature and significance of their relationship with the primary government are such thatexclusion would cause the reporting entity's financial statements to be misleading orincomplete.

Primary Government -

Effective January 1,2004, the St. Landry Parish Home Rule Charter Commission hasproposed, and the electors have adopted, under the authority of Article VI, Section 5 ofthe Louisiana Constitution of 1974, a home rule charter which shall be known as thepresident-council form of government and shall, replace the previously existing policejury form of government. This form of government shall consist of an elected parishpresident, who will be its chief executive officer and head of the parish government'sexecutive branch and an elected council, which shall constitute the legislative branch ofthe government consisting of thirteen members elected from single member districts forfour-year terms.

The St. Landry Parish Government is a governmental subdivision of the State ofLouisiana, and as provided by the home rule charter, is authorized to exercise anypower and perform any function necessary or requisite for proper management of itsaffairs.

Component Units -

Governmental Accounting Standards Board (GASB) Statement No. 14, "The FinancialReporting Entity" establishes criteria for determining which entities should beconsidered a component unit and, as such, part of the reporting entity for financialreporting purposes. The basic criteria are as follows:

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

22



NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

2. Whether the primary government's governing authority (Parish Council orParish President) appoints a majority of board members of the potentialcomponent unit.

3. Fiscal interdependency between the primary government and the potentialcomponent unit.

4. Imposition of will by the primary government on the potential component unit.

5. Financial benefit/burden relationship between the primary government and thepotential component unit.

Based on the above criteria, the Parish Government has determined that the followingorganizations are component units and should be part of the financial reporting entity:

Agricultural Arena AuthorityCommunity Action AgencyWorkforce Investment BoardBayou Mallet and Plaquemine Gravity Drainage District No. 10Bayou Plaquemine Gravity Drainage District No. 12Bellevue and Coulee Croche Gravity Drainage District No. 20Consolidated Gravity Drainage District No. 1 of Ward 3Coulee Croche Gravity Drainage District No. 22East St. Landry Consolidated Gravity Drainage District No. 1Eunice Gravity District No. 9Faquetaique Drainage District No. 1Gravity Drainage District No. 14Gravity Drainage District No. 1 of Ward 2Lawtell Gravity Drainage District No. 11Prairie Basse Gravity Drainage District No. 15Fire Protection District No. 1Fire Protection District No. 2Fire Protection District No. 3Fire Protection District No. 4Fire Protection District No. 5Fire Protection District No. 6Fire Protection District No. 7Road District No. 4 CommissionRoad District No. 5 CommissionRoad District No. 6 CommissionSt. Landry Parish Historical Development CommissionSt. Landry Parish Tourist CommissionSt. Landry Parish Communications DistrictTwenty-Seventh Judicial District Criminal CourtThe First Hospital Service DistrictHospital Service District No. 1Hospital Service District No. 2

23


Notes to Financial StatementsNOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Sewerage District No. 1Solid Waste Disposal CommissionSouth St. Landry Library DistrictSt. Landry Parish Airport AuthoritySt. Landry Parish Registrar of Voters

For financial reporting purposes, the Parish has chosen to issue financial statements ofthe St. Landry Parish Government, primary government, and certain component units,including those whose accounting records are maintained by the Parish. Thecomponent units included are the Agricultural Arena Authority, WorkforceInvestment Board, Fire Protection District No. 6, St. Landry Parish Airport Authority,Twenty-Seventh Judicial District Criminal Court Fund, the St. Landry ParishHistorical Development Commission, the St. Landry Parish Tourist Commission, andthe St. Landry Parish Registrar of Voters. These component units are discretelypresented in a separate column in the government-wide financial statements. As such,the accompanying financial statements are not in conformity with generally acceptedaccounting principles.

B. Basis of Presentation

The Parish's basic financial statements consist of the government-wide statements onall of the non-fiduciary activities of the primary-government and its component unitsand the fund financial statements (individual major fund and combined nonmajorfunds). The statements are prepared in accordance with accounting principlesgenerally accepted in the United States of America as applied to governmental units.

Government-wide financial statements -

The government-wide financial statements include the statement of net assets and thestatement of activities for all non-fiduciary activities of the primary government andthe total for its component units. As a general rule, the effect of interfund activity hasbeen removed from these statements. An exception of this general rule iscontributions between the primary government and its component units which arereported as external transactions. All of the Parish's activities are consideredgovernmental and as such the statements report the governmental activities of theParish. Governmental activities generally are financed through taxes,intergovernmental revenues and other nonexchange transactions. The primarygovernment is reported separately from the legally separate component units asdetailed in the previous section.

In the government-wide statement of net assets, the amounts are presented on a fullaccrual, economic resource basis, which recognizes all long-term assets andreceivables as well as long-term debt and obligations. The Parish's net assets arereported in three parts - invested in capital assets, net of related debt; restricted netassets; and unrestricted net assets. The Parish first utilizes restricted resources tofinance qualifying activities.

24




The government-wide statement of activities reports both the gross and net cost ofeach of the Parish's functions. The functions are also supported by generalgovernment revenues (property, sales and use taxes, certain intergovernmentalrevenues, etc.). The statement of activities reduces gross expenses (includingdepreciation) by related program revenues, operating and capital grants. Programrevenues must be directly associated with the function. Operating grants includeoperating specific and discretionary (either operating or capital) grants while thecapital grants column reflects capital-specific grants. The net cost (by function) isnormally covered by general revenue (property, sales and use taxes,intergovernmental revenues, investment income, etc.).

The Parish does not allocate indirect costs. An administrative service fee is chargedby the General Fund to the other operating funds to recover the direct costs of GeneralFund services provided (finance, personnel, purchasing, etc.). This fee is eliminatedby reducing the revenue in the General Fund and the expense in the paying fundbecause the expense is not a direct expense of the program to which it was charged.

The government-wide focus is more on the sustainability of the Parish as an entityand the change in the Parish's net assets resulting from the current year's activities.

Fund financial statements -

The fund financial statements provide information about the Parish's funds. Separatestatements for each fund category are presented. The emphasis of fund financialstatements is on major governmental funds, each displayed in a separate column. Allremaining governmental funds are aggregated and reported as nonmajor funds.

The Parish reports the following major governmental funds:

General Fund

The General Fund is used to account for resources traditionally associated withgovernments which are not required to be accounted in other funds.

Road and Bridge Maintenance Fund

The Road and Bridge Maintenance Fund accounts for the maintenance andupkeep of the parish road systems. Major means of financing are provided by theState of Louisiana Parish Transportation Fund, portion of a slot machine taxcollected from the Evangeline Downs Racino facility, and grants received fromthe United States Department of Transportation through, Louisiana Departmentof Transportation and Development.

25




Health Unit Maintenance Fund

The Health Unit Maintenance Fund accounts for the maintenance of severalhealth units which provide health and welfare services to the citizens of theparish. Major means of financing are provided by ad valorem taxes, state revenuesharing, and interest earned on investments.

Jail Tax Sinking Fund

The Jail Tax Sinking Fund accounts for the accumulation of monies for thepayment of $1,500,000 of general obligation bonds issued April 1, 1980(refunded and reissued April 12,1993). Proceeds of the bond issue were used toconstruct a parish jail. Financing is provided by an ad valorem tax levied uponproperties located in the parish.

In addition, the Parish reports the following:

Agency funds account for assets held by the Parish in a purely custodial capacity.The reporting entity includes two agency funds; adjudicated property fund andRacino fund. Since agency funds are custodial in nature (i.e., assets equalliabilities), they do not involve the measurement of results of operations.

The emphasis in fund financial statements is on the major funds. GASB No. 34sets forth minimum criteria (percentage of assets, liabilities, revenues orexpenditures/expenses) for the determination of major funds. The nonmajor fundsare combined in a single column in the fund financial statements.

C. Basis of Accounting

Government-wide financial statements -

The government-wide financial statements are reported using the economic resourcesmeasurement focus and the accrual basis of accounting. Revenues are recorded whenearned and expenses are recorded when a liability is incurred, regardless of the timingof related cash flows. Nonexchange transactions, in which the Parish gives (orreceives) value without directly receiving (or giving) equal value in exchange, includeproperty taxes, grants, entitlements and donations. On an accrual basis, propertytaxes are recognized in the year for which the taxes are levied. Revenue from grants,entitlements and donations is recognized in the fiscal year in which all eligibilityrequirements have been satisfied.

26




Governmental fund financial statements -

Governmental funds are reported using the current financial resources measurementfocus and the modified accrual basis of accounting. Under this method, revenues arerecognized when susceptible to accrual (i.e., when they become both measurable andavailable). "Measurable" means the amount of the transaction can be determined and"available" means collectible within the current period or soon enough thereafter tobe used to pay liabilities of the current period. Ad valorem taxes are recognized asrevenue in the year for which budgeted, that is, in the year in which such taxes arebilled and collected. Expenditures are recorded when the related fund liability isincurred, except for principal and interest on general long-term debt, claims andjudgments and compensated absences, which are recognized to the extent they arematured. General capital asset acquisitions are reported as expenditures ingovernmental funds. Proceeds of general long-term debt and acquisitions undercapital leases are reported as other financing sources.

D. Budget and Budgetary Accounting

The St. Landry Parish Government adopts budgets for the General and SpecialRevenue Funds. Budgets are prepared on a modified accrual basis of accounting.

The proposed budgets are published in the official journal and made available forpublic inspection.

The final budget must be adopted by the Parish no later than the last day of thepreceding year. The budget should be amended when expenditures in any fundexceed appropriations by 5 percent or more or when actual and projected revenues donot meet appropriated revenues by 5 percent or more.

Operating appropriations, to the extent not expended or encumbered, lapse at year-end. Capital appropriations continue in force until the project is completed ordeemed abandoned.

Formal budgetary integration is not employed as a part of the accounting system;however, routine budget comparisons are made prior to expending funds.

E. Transfers and Interfund Loans

Advances between funds which are not expected to be repaid are accounted for astransfers. In those cases where repayment is expected, the advances are classified asdue from other funds or due to other funds on the balance sheet. Short-term interfundloans are classified as interfund receivables and payables.

27




F. Cash and Cash Equivalents

Cash includes amounts in demand deposits, interest-bearing demand deposits, andtime deposits. Cash equivalents include amounts in time deposits and thoseinvestments with original maturities of 90 days or less.

G. Allowance for Authorized Changes

Allowance for authorized changes are recorded to reflect authorized changes inassessed ad valorem taxes.

H. Inventory

Inventory items are recorded as expenditures when purchased. There are nosignificant amounts on hand at year-end.

I. Bond discounts/issuance costs

In governmental funds, bond discounts and issuance costs are recognized in thecurrent period. In the government-wide statements, bond discount and issuance costsare deferred and amortized over the terms of the bonds to which such discounts andcosts apply.

J. Fixed assets

The accounting treatment over property, plant, and equipment (fixed assets) dependson whether the assets are reported in the government-wide or fund financialstatements.

Government-wide statements -

In the government-wide financial statements, fixed assets are accounted for as capitalassets. All capital assets are capitalized at historical cost, or estimated historical costfor assets where actual historical cost is not available. Donated assets are recorded ascapital assets at their estimated fair market value at the date of donation. Prior toJanuary 1, 2003, governmental funds' infrastructure assets were not capitalized.These assets are being accounted for prospectively.

28




Depreciation of all exhaustible fixed assets is recorded as an allocated expense in thestatement of activities, with accumulated depreciation reflected in the statement of netassets. Depreciation is provided over the assets' estimated useful lives using thestraight-line method of depreciation. The range of estimated useful lives by type ofasset is as follows:

Years

Land improvements 20 - 30Buildings and improvements 10-40Furniture and equipment 5-20Infrastructure 20 - 50

The costs of normal maintenance and repairs that do not add to the value of the assetor materially extend asset lives are not capitalized.


In the fund financial statements, fixed assets used in governmental fund operationsare accounted for as capital outlay expenditures of the governmental fund uponacquisition.

K. Compensated Absences

For the primary government, full-time employees earn annual leave at the rate of 5 to15 days per year, depending upon length of service. Five days of unused annual leavemay be carried over from year to year. Full-time employees earn sick leave at the rateof eight days per year. Ninety days of unused sick leave may be carried over fromyear to year. Accumulated sick leave is forfeited upon separation; however,accumulated sick leave may be applied toward retirement.

For discretely presented component units, full-time employees of the WorkforceInvestment Board (WIB) earn annual leave at the rate of 12 to 24 days per year,depending upon length of service. Twenty days of accumulated annual leave may becarried forward at the end of each year. Full-time employees of WIB earn sick leaveat the rate of 15 days per year. Ninety days of unused sick leave may be carried overfrom year to year. Accumulated sick leave is forfeited upon termination; however,may be credited toward retirement.

In the government-wide statements, accumulated unpaid vacation leave andassociated related costs are accrued when earned (or estimated to be earned) by theemployee. The current portion is the amount estimated to be used/paid in thefollowing year. The remainder is reported as non-current. In accordance with GASBInterpretation No. 6, "Recognition and Measurement of Certain Liabilities andExpenditures in Governmental Fund Financial Statements," no compensated absencesliability is recorded in the governmental fund financial statements.

29




L. Long-term Debt

The accounting treatment of long-term debt depends on whether the assets are used ingovernmental fund operations or proprietary fund operations and whether they arereported in the government-wide or fund financial statements.

All long-term debt to be repaid from governmental resources is reported as liabilitiesin the government-wide statements. The long-term debt consists primarily of bondspayable, equipment notes payable, certificates of indebtedness, paving certificates,and estimated claims payable.

Long-term debt for governmental funds is not reported as liabilities in the fundfinancial statements. The debt proceeds are reported as other financing sources andpayment of principal and interest are reported as expenditures.

M. Equity classifications

Government-wide statements -

Equity is classified as net assets and displayed in three components:

a. Invested in capital assets, net of related debt - Consists of capital assets(including restricted capital assets), net of accumulated depreciation and reducedby the outstanding balances of any bonds, certificates of indebtedness, pavingcertificates, or other borrowings that are attributable to the acquisition,construction, or improvement of those assets.

b. Restricted net assets — Consists of net assets with constraints placed on the useeither by (1) external groups such as creditors, grantors, contributors, or laws orregulations of other governments; or (2) law through constitutional provisions orenabling legislation.

c. Unrestricted net assets - All other net assets that do not meet the definition of"restricted" or "invested in capital assets, net of related debt."


Governmental fund equity is classified as fund balance. Fund balance is furtherclassified as reserved and unreserved, with unreserved further split between designatedand undesignated.

30




N. Interfund Transfers

Permanent reallocation of resources between funds of the primary government areclassified as interfund transfers. For the purposes of the statement of activities, allinterfund transfers between individual funds have been eliminated.

O. Use of Estimates

The preparation of financial statements in conformity with generally acceptedaccounting principles requires management to make estimates and assumptions thataffect the reported amounts of assets and liabilities and disclosure of contingent assetsand liabilities as of the date of the financial statements and the reported amounts ofrevenues and expenditures/expenses during the reporting period. Actual results coulddiffer from those estimates.

NOTE 2 CASH AND CASH EQUIVALENTS

Under state laws, the Parish may deposit funds within a fiscal agent bank organized under thelaws of the State of Louisiana, the laws of any other state in the Union, or the laws of the UnitedStates. The Parish may invest in certificates and time deposits of state banks organized underLouisiana law and national banks having principal offices in Louisiana, the state sponsoredinvestment pool and mutual funds consisting solely of government backed securities. AtDecember 31, 2006, the Parish has cash and interest-bearing deposits (book balances) totaling$5,105,703 as follows:

DemandDeposits

Primary Government

Agency Funds

Component Units

3,873,889

126,048

1.105.766

$ 5.1Q5.7Q3

These deposits are stated at cost, which approximates market. Under state laws, these depositsmust be secured by federal deposit insurance or the pledge of securities owned by the fiscal agentbank. The market value of the pledged securities plus the federal deposit insurance must at alltimes equal the amount on deposit with the fiscal agent bank. These securities are held in thename of the pledging fiscal agent bank in a holding or custodial bank that is mutually acceptableto both parties.

31



NOTE 2 CASH AND CASH EQUIVALENTS (Continued)

Deposit balances (bank balances) at December 31, 2006, are as follows:

Bank balances $ 5.324.273At December 31, 2006, the deposits are secured as follows:

Federal deposit insurance $ 1,100,000

Pledged securities (Category 3) 12.070.712

Total $13.170.712

Pledged securities in Category 3 include uninsured or unregistered investments for which thesecurities are held by the broker or dealer, or by its trust department or agent, but not in theParish's name. Even though the pledged securities are considered uncollateralized (Category 3),Louisiana Revised Statute 39:1229 imposes a statutory requirement on the custodial bank toadvertise and sell the pledged securities within 10 days of being notified by the Parish that thefiscal agent has failed to pay deposited funds upon demand.

NOTE 3 RECEIVABLES

The following is a summary of receivables at December 31, 2006:

Primary Government

Class of ReceivablesGeneral

Fund

SpecialRevenue

Funds

DebtServiceFunds Total

Ad valorem taxes, net $1,151,155 $2,182,996 $ 192,506 $3,526,657Intergovernmental:Federal -State 603,246 123,960 - 727,206

Other 52.259 22.292 - 74.551

Total

Class of Receivables

Ad valorem taxes, netIntergovernmental:FederalState

Other

Total

$ 1.806.660 $ 2.329.248 $ 192.506 $4.328.414

ComponentUnits

$ 174,723

279,2874,720

458.730

32



NOTE 4 INTERFUND RECEIVABLES/PAYABLES

General FundsSpecial Revenue Funds:Jail MaintenanceHealth Unit MaintenanceCoroner's OperationalBayou Boeuf and Waxia Drainage DistrictRoad District 12 of Ward 2 MaintenanceRoad District 1 of Ward 3 MaintenanceRoad District 2 of Ward 1 MaintenanceSub-Road District -No. 2 of Road District 11-A of Ward 1 MaintenanceNo. 1 of Road District 3 of Ward 1 MaintenanceNo. 1 of Election District 3 of Ward 1 MaintenanceNo. 1 of Road District 11-A Maintenance

Debt Service Funds:Sub-Road District 1 of Road District 3 of Ward 1 Sinking

InterfundReceivables

$ 58,729

201

18

187

34.376

S 93.511

InterfundPayables

$ 206

27,4624,369

10310,000

802

13,971

271

34,3761,951

$ 93.511

NOTE 5 FUND DEFICITS

There were no individual funds of the St. Landry Parish Government having deficits in fundbalance at December 31, 2006.

NOTE 6 PROPERTY TAXES

For the year ended December 31, 2006, property taxes were levied on property with assessedvaluations totaling $502,712,550 and were dedicated as follows:

Primary government -Parishwide taxes:

Parish (within incorporated towns and cities)Parish (outside incorporated towns and cities)Health Unit MaintenanceJail Maintenance

District taxes:Road district taxes -No. 12 of Ward 2 MaintenanceNo. 1 of Ward 3 MaintenanceNo. 2 of Ward 1 Maintenance

1.90 mills3.81 mills2.21 mills1.00 mills

5.12 mills10.31 mills10.00 mills

33



NOTE 6 PROPERTY TAXES (Continued)

Sub-road district taxes -No. 1 of Road District 11-A SinkingNo. 1 of Road District 11-A MaintenanceNo. 2 of Road District 11-A SinkingNo. 2 of Road District 11-A MaintenanceNo. 1 of Road District 3 of Ward 1 Maintenance

Component units -Fire Protection District No. 6 SinkingFire Protection District No. 6 Maintenance



5.06 mills4.86 mills

.mills

NOTE 7 ALLOWANCE FOR AUTHORIZED CHANGES

Taxes receivable are shown, net of allowance for authorized changes. This allowance consists of theamount estimated to be uncollectible at the end of the year plus (or minus) the amount of authorizedchanges to the tax roll.

The allowance set up in each fund type is as follows:

General FundSpecial Revenue FundsDebt Service FundsComponent Units

$ 23,49341,249

2,9373,566

$ 71.245

NOTE 8 CAPITAL ASSETS AND DEPRECIATION

Capital Assets

Primary Government:Governmental activities -

Capital assets not being depreciated:Land

Capital assets being depreciated:Buildings and improvementsVehiclesEquipment, furniture and fixtures

Balance12/31/05 Additions Deletions

Balance12/31/06

$ 455.943 $_J • J - S 455.943

12,745,694 68,297 - 12,813,991155,477 14,650 (10,065) 160,062

1.850.437 366.100 - 2.216.537SI4.751.608 $ 449.047 $(10.065) $15.190.590

34



NOTE 8 CAPITAL ASSETS AND DEPRECIATION (Continued)

Balance12/31/05

Less accumulated depreciation:BuildingsVehiclesEquipment, furniture and fixtures

Total capital assets being depreciated, net

Governmental activities capital assets, net

Depreciation was charged as follows:

Governmental activities:General government -

Finance and administrativePublic safetyPublic worksHealth and welfare

Total governmental activitiesdepreciation expense

Component Units:*Airport Authority -

Governmental activities:Capital assets not being depreciated:

LandConstruction in progress

Capital assets being depreciated:BuildingsEquipment, furniture and fixturesImprovements other than buildings

Additions DeletionsBalance12/31/06

$(8,613,824) $(301,772)(75,895) (14,594)

(575.569) (285,847)(9.265.288) (602.213)

5.486.320 (153.166)

S 5.942.263 $(153.166)

$ 10,065 $(8,905,531)(90,489)

- (861.416)10.065 (9.857.436)

5.333.154

S 5.789.097

Balance12/31/05

$ 43,30015.40858.708

807,88744,169

1.865.644$ 2.717.700

$ 13,596165,484391,69231.441

$ W2i2J3

Additions Deletions

$ - $184.763 (180.394)184.763 (180.394)

192,399$ 192.399 $

Balance12/31/06

$ 43,30019.77763.077

807,88744,169

2,058,043$ 2.910.099

35




Less accumulated depreciation:

BuildingsEquipment, furniture and fixturesImprovements other than buildings



Depreciation was charged as follows:Public Works

Component Units:*Tourist Commission -

Governmental activities:Capital assets being depreciated:

Equipment, furniture and fixtures


Equipment, furniture and fixtures



Depreciation was charged as follows:Economic Development and Assistance

Component Units:*Agricultural Arena -


Buildings


Buildings



Depreciation was charged as follows:Economic Development and Assistance

Balance12/31/05

$ (400,004)(24,691)

(772.838)(1,197.533)

1,520.167

$ 1.578.875

Balance12/31/05

Additions Deletions

$ (14,447) $ - :(2,993)

(61.643)(79.083)

113,316

S 298.079 SH 80.394) J

Additions Deletions

Balance12/31/06

$ (414,451)(27,684)

(834,481)(1.276.616)

1.633.483

S 1.696.560

Balance12/31/06

19,234 $ 690 $ (1,773) $ 18,151

(14,410) (2.359)

4.824 (1.669)

1.773 (14,996)

3,155

4.824 S (1.669) $_ 3.155

$ 2.359


Balance12/31/06

$ 354.097 $_

(79.721) (12.112)

274.376 (12.112)

274.376 $(12.112) $_

$ 354.097

(91.833)

262.264

$ 262.264

S 12.112

36




Component Units:*Registrar of Voters -


VehiclesEquipment, furniture and fixtures





Depreciation was charged as follows:Elections


Balance12/31/06

12,3311,318

13.649

(3,905)(110)

(4.015)

9.634

45,25645.256

(2,466)(3.055)(5.521)

39.735

9.634 S 39.735 $_

12,33146.57458.905

(6,371)(3.165)(9.536)

9.634

49.369

S 5.521

Component Units:*Fire Protection Dist. #6 -Governmental activities:Capital assets being depreciated:




Total depreciable capital assets, net



221,855118,85750.343

391.055

272.412

6,456

6.456

(23,331) (5,604)(86,712) (7,442)(8.600) (2.517)

(118.643) (15.563)

(9.107)

S 272.412 S (9.107) $_

Balance12/31/06

221,855125,31350.343

397.511

(28,935)(94,154)(11.117)

(134.206)

263.305

S 263.305

Depreciation was charged as follows:Public Safety $ 15-563

37




Balance Balance12/31/05 Additions Deletions 12/31/06

Component Units:*Workforce Investment Board -





Total depreciable capital assets, net


Depreciation was charged as follows:Education

$ 56,625 $ 25,650 $896,640 71,889953.265 97.539

(49,828) (11,927)(715,740) (69,551)(765.568) (81,478)

187,697 16.061

$ 187.697 $ 16.061 $

$ 81.478

- $ 82,275(198.235) 770.294(198.235) 852.569

(61,755)(785,291)(847.046)

(198.235) 5.523

(198.235) $ 5.523

* Information is provided for each component unit that does not issue a separate audit report.

NOTE 9 CHANGES IN GENERAL LONG-TERM DEBT

The following is a summary of long-term debt activity for the year ended December 31, 2006:

Primary GovernmentBalance12/31/05

Special assessments $ 16,716General long-term debt:Compensated absencesEstimated liabilities forclaims and judgements 206,67 1

Bonds payable 1,243,000Equipment note 170,759

Total Sl,fi32J£fi

Additions Deductions

$ - $ 4,179

59,415

54,771318,00034,291

$ 114.186 $ 356.470

Balance12/31/06

$ 12,537

59,415

261,442925,000136.468

$1.394.862

Component UnitsBalance12/31/05

General long-term debt:Compensated absences $ 32,342Bonds payable 270.000

Total $ 302.342

Additions Deductions

$ 34,193 $ 32,34210,000

$ 34.193 S 42.342

Balance12/31/06

$ 34,193260.000

$ 294.193

38



NOTE 9 CHANGES IN GENERAL LONG-TERM DEBT (Continued)

Long-term debt outstanding at December 31, 2006 is comprised of the following:

FinalIssue Maturity Interest BalanceDate Date Rates Outstanding

Primary Government -Bonds payable:Road district public improvement bonds:

Road District No. 11-A of Ward 2 07/93 2008 4.75-10.0% $ 75,000Sub-Road District No. 1 of RoadDistrict No. 11-A 07/03 2013 3.6% 360,000

Sub-Road District No. 1 of RoadDistrict No. 11-A 11/97 2007 0.1-7.5% 50,000

Sub-Road District No. 1 of RoadDistrict No. 3 of Ward 1 07/03 2013 3.65% 145,000

Sub-Road District No. 2 of RoadDistrict No. 11A 07/03 2013 3.4% 295.000Total bonds payable 925,000

Equipment note 4/05 2010 5.5% 136,468

Special assessment bonds-paving certificates:Series 1999 07/99 2009 6.0-6.25% 12,537

Compensated absences 59,415

Estimated liabilities for claims and judgements 261.442

Total primary government $1.394.862

Component Units -Bonds payable:Fire Protection District No. 6 3/00 2020 5.25-7.0% $ 260,000

Compensated absences - WIB 34.193

Total component units $ 294.193

Effective August 1,2005, the St. Landry Parish Government entered into two separate escrowdeposit agreements with a national banking association pursuant to which sufficient funds havebeen deposited in the amounts of $247,188 and $92,050 in order to effect an in-substancedefeasance of Road District No. 2 of Ward 1 General Obligation Bonds, Series 1997 and SubRoad District No. 1 of Road district 3 of Ward 1 General Obligation Bonds, Series 1993,respectively. The establishment of the irrevocable trust and the resulting in-substance defeasanceprovided for the removal of the aforementioned bond issues from the financial statements of theSt. Landry Parish Government in accordance with the provisions of Chapter 14 of Title 39 of theLouisiana Revised Statutes of 1950, as amended.

39



NOTE 9 CHANGES IN GENERAL LONG-TERM DEBT (Continued)

During the fiscal year ending December 31, 2006, Old City Hall General Obligation Bonds,Series 1999 totaling $110,000 were called with existing funds.

The annual requirements to amortize general obligation and special assessment debt as ofDecember 31, 2006, including interest payments of $124,680 for the primary government and$119,568 for the component units are as follows:

Primary Government:General obligation

Bonds Equipment Note Special AssessmentsYear EndingDecember 3 1 ,

20072008200920102011

2012-2016

PrincipalPayments

$ 189,000149,000110,000111,000121,000245.000

InterestPayments

$ 31,48423,78218,81014,90210,8018.681

PrincipalPayments

$ 39,42941,65344,00311,383

--

InterestPayments

$ 6,5224,2981,9481,948

--

Principal InterestPayments Payments

$ 4,179 i4,1794,179

---

I 752501251

---

$ 925.QQQ $108.460 $136.468 S 14.716 S 12.537 $ 1.504

Component Units:*St. Landry Parish Fire Protection Dist. #6

Year EndingDecember 31,

20072008200920102011

2012-20162017-2021

PrincipalPayments

$ 10,00015,00015,00015,00015,00095,00095.000

InterestPayments

$ 14,81313,93813,00012,19411,39942,40311.821

$ 26Q.QOQ S 119.568

*Information is provided for each component unit that does not issue a separate audit report.

NOTE 10 CRIMINAL COURT FUND

Louisiana Revised Statute 15:571.11 requires that one-half of any balance remaining in theCriminal Court Special Revenue Fund at year-end be transferred to the parish General Fund. Nomoney shall be paid out of the account, except upon order or warrant of the district judge anddistrict attorney, as provided by the statute. At December 31,2006, there was a fund balance of$12,135 in the Criminal Court Fund; therefore, $6,068 is due the General Fund.

40



NOTE 11 PENSION PLAN

The St. Landry Parish Government contributes to the Parochial Employees' Retirement System, acost-sharing multiple-employer defined benefit pension plan administered by a separate board oftrustees. The Parochial Employees' Retirement System provides retirement, disability, and deathbenefits to plan members and beneficiaries. The provisions of the retirement system may beamended by action of the legislature in the same manner as any other statute may be amended bythe legislature. A publicly available financial report that includes financial statements andrequired supplemental information may be obtained by writing to the Parochial Employees'Retirement System, P.O. Box 14619, Baton Rouge, Louisiana 70898-4619, (225) 928-1361.

Plan members are required to contribute 9.5% of their annual covered salary and the ParishGovernment is required to contribute at the actuarially determined rate, currently 12.75% of theannual covered payroll. The Parish Government's contributions to the system for the yearsended December 31, 2006, 2005, and 2004 were $307,386, $302,557, and $221,489,respectively, equal to the required contribution for each year.

NOTE 12 OTHER POST EMPLOYMENT BENEFITS

The St. Landry Parish Government provides certain continuing health care insurance benefits forits retired employees. Substantially all of the Parish Government's employees become eligiblefor these benefits if they reach normal retirement age while working for the Parish Government.Benefits for retirees are provided through an insurance company whose monthly premiums arepaid by the Parish Government and reimbursed by the retired employees.

NOTE 13 OPERATING LEASE

Primary government:

The Parish Government is committed under various operating leases for equipment with termsranging from three to five years. Total lease expenditures for the year ended December 31,2006were $91,464. Future minimum lease payments under these leases are as follows:

20072008200920102011Total

$ 61,46455,46455,46432,354

$ 204.746

Component Unit:

Registrar of Voters

The Registrar of voters is committed under an operating lease on equipment for a term of fouryears. Total lease expenditures for the year ended December 31, 2006 were $ 154.

41



NOTE 13 OPERATING LEASE (Continued)

Future minimum lease payments under this lease are as follows:

20072008200920102011Total

$ 1,8481,8481,8481,694

£ 7.238

Workforce Investment Board

The Workforce Investment Board is committed under certain operating leases on buildings forterms of five years. Total lease expenditures for these leases during the year ended December 31,2006 were $152,148.

Future minimum lease payments under these leases are as follows:

20072008200920102011Total

$ 88,98082,26368,84365,44141.405

ft 346.932

NOTE 14 COMPENSATION PAID TO COUNCIL MEMBERS

A summary of compensation paid to council members for the year ended December 31, 2006,follows:

Wayne ArdoinJoseph Huet DupreBruce BoudreauxRonald BuschelDexter BrownGary CourvilleRonald Dugas, Sr.James EaglinWilliam P. GilKeith MillerPat MillerAlbert HollierHurlin Dupre

12,67212,67212,67212,67212,67212,67212,67212,67212,67212,67212,67212,67212.672

S 164.736

42



NOTE 15 RELATED PARTY TRANSACTIONS

The Parish Government participated in the creation of a drainage district with the AvoyellesParish Police Jury and the State of Louisiana. The drainage district has five board membersconsisting of two jurors from each police jury and the fifth board member appointed by the State.The Parish Government has $10,000 in bank deposits due the drainage district as of December31,2006.

NOTE 16 RISK MANAGEMENT

Due to current insurance market conditions, the St. Landry Parish Government is retaining therisk for its liability exposures in areas where there is no affordable insurance coverage available.Presently, the St. Landry Parish Government has not appropriated any monies for its liabilityexposures.

NOTE 17 CONTINGENT LIABILITIES

The St. Landry Parish Government is a defendant in various lawsuits. Although the outcome ofsome of these lawsuits has been determined, as of the date of this audit report, the ParishGovernment has not appropriated any funds in payment of these liabilities. There are alsopending lawsuits which may result in judgments against the Parish Government. As ofDecember 31, 2006, the amounts, if any, resulting from the settlement of these pending claimscould not be reasonably determined by management and legal counsel.

43

REQUIRED SUPPLEMENTARY INFORMATION

44


General Fund

Budgetary Comparison ScheduleYear Ended December 31, 2006

2006

Revenues:

Ad valorem taxesAlcohol taxRoyalties, commissions and

franchise taxes

Fines and forfeits

Federal grantsLicenses and permits

State revenues -

State revenue sharing (net)Severance tax

2% fire insurance rebate

Insurance premium taxState grants

Video poker

Use of money and property

Other revenues

Total revenues


General government

Legislative

JudicialElections

Finance and administrativeOther

Public safety

Public works

Capital outlay

Total expenditures

Excess (deficiency) of revenuesover expenditures

Other financing sources (uses):

Administrative feesOperating transfers inOperating transfers out


Excess (deficiency) of revenues and

other sources over expenditures

and other uses

Fund balance, beginning

Fund balance, ending

BudgetOriginal

$ 885,000 $25,000

156,500357,100

-294,798

95,000

403,000

245,000115,000

-340,000

10,700

50.2502.977.348

210,3001,499,900

73,512

148,400

517,211379,080

155,925.

2.984.328

(6.980)

79,480-

(72.5001

6.980

1.874.496

$ 1.874.496 $

Final

996,000 $20,000

174,000365,100130,000373,568

95,000

545,000

287,000121,000

-445,000

19,200

93.5003.664.368

243,0501,596,000

73,512

291,981

632,810590,480179,015

.

3.606.848

57.520

79,48041,000

(178.0001

(57.5201

1.874.496

1.874.496 $

Actual

1,106,670

20,397

178,142391,369301,646390,990

96,431661,358

286,493121,53922,500430,124

34,443

136.8414.178.943

288,9081,509,375

71,563179,926637,614560,863316,344198.759

3.763.352

415.591

89,61937,196(44.7221

82.093

497,684

1.874.496

2.372.180

Variance -Favorable

(Unfavorable)

$ 110,670 $397

4,14226,269171,64617,422

1,431116,358

(507)539

22,500(14,876)15,24343.34!514.575

(45,858)86,6251,949

112,055(4,804)29,617

(137,329)(198.7591(156.5041

358.071

10,139(3,804)133.278

139.613

497,684

$ 497.684 $

2005Actual

1,013,248

22,431

154,032381,586437,682313,892

96,294569,706244,522105,0001,750

397,41825,906344.101

4.107.568

305,4541,468,67762,717238,414491,854564,901486,782628.610

4.247.409

(139.8411

74,33532,850(16.1741

91.011

(48,830)

1,923.326

1.874.496

45


Road and Bridge Maintenance Fund


2006

Revenues:Slot taxFederal grantsState revenues:

Parish transportation fundsState grants


Total revenues


General governmentFinance and administrative

Public worksCapital outlayDebt service -

Principal retirementInterest and fiscal chargesTotal expenditures

Excess (deficiency) of revenues over expenditures

Other financing sources (uses):Debt proceedsOperating transfers inOperating transfers out

Total other financing sources

Excess (deficiency) of revenues andother sources over expendituresand other uses



BudgetOriginal Final Actual

$ 1,500,000 $ 1,925,265 $ 1,978,26145,000 49,292

655,000 815,000 797,23912,261

10,000 6,500 6,7878.806

2.165.000 2.791.765 2.852.646

2,165,000 2,791,765 2,648,14728,574

34,2917,830

2.165.000 2.791.765 2.718.842

133.804

Variance -Favorable

(Unfavorable)

$ 52,9964,292

(17,761)12,261

2878.806

60.881

143,618(28,574)

(34,291)(7.830)72.923

133,804

2005Actual

$ 1,659,436

705,38525,000

8,84949.740

2.448.410

2,745,811212,403

29,7128.581

2.996.507

f548.097)

200,47013,324

213.794

133,804

394.496 394.496 394.496

$ 394.496 S 394.496 $ 528.300

133,804

S 133.804

(334,303)

728.799

$ 394.496

46


Health Unit Maintenance Fund


2006

Revenues:Ad valorem taxes

State revenue sharing (net)Use of money and propertyOther revenues

Total revenues


Health and welfareCapital outlay

Total expenditures

Excess (deficiency) of revenuesexpenditures

Other financing sources (uses):Administrative feesOperating transfers in


Excess (deficiency) of revenues andother sources over expendituresand other uses



BudgetOriginal

$ 670,00070,0006,000

40,000786.000

759,500

759.500

26,500

(26,500)

(26,500)

1.019.594

S 1.019.594 :

Final

$ 757,000 370,00014,00061.300

902.300

875,800

875.800

26.500

(26,500)

(26,500)

1.019.594

S 1.019.594 S

Actual

S 827,511125,95914,64918,914

987,033

894,46116,098

910,559

76,474

(36,309)6,658

(29,65 1)

46,823

1.019.594

i 1.066.417

Variance -Favorable

(Unfavorable)

S 70,51155,959

649(42,386)84.733

18,661(16,098)

2.563

49.974

(9,809)6,658

0,151)

46,823

$ 46.823 !

2005Actual

$ 765,895117,440

15,4375.695

904.467

903,50158.575

962.076

(57,609)

(33,200)

(33.200)

(90,809)

1.110.403

S 1.019.594

47


48

NONMAJOR GOVERNMENTAL FUNDS

49


Nonmajor Governmental Funds

Combining Balance SheetDecember 31,2006

ASSETS

CashReceivablesDue from other funds

Total assets

SpecialRevenueFunds

DebtServiceFunds

CapitalProjectsFunds Total

$ 777,0671,240,377

406

$2.017,850

757,475192,50634.376

$ 984.357

$ 152,948 $

152.948

1,687,4901,432,883

34.782

$ 3.155.155

LIABILITIES AND FUND BALANCE

Liabilities:Accounts payableDue to other funds

Total liabilities

Fund balance:Unreserved, undesignated

Total liabilities andfund balance

$ 71,861 $88.936160.797

7,897 $

7.897

$ 79,75888,936168,694

1.857.053 976.460 152.948 2.986.461

2.017,850 $ 984,357 $ 152.948 $ 3.155.155

50


Nonmajor Governmental Funds

Combining Statement of Revenues, Expenditures andChanges in Fund Balance


Revenues:Ad valorem taxesFines and forfeituresIntergovernmental revenues -Federal grantsState revenues:State revenue sharing (net)Grants


Total revenues

Expenditures:General government -LegislativeJudicialFinance and administrative

Public safetyPublic worksCapital outlayDebt Service -Principal retirementInterest and fiscal charges

Total expenditures

Excess (deficiency) of revenues overexpenditures



Excess (deficiency) of revenues andother financing sources overexpenditures and other financinguses



SpecialRevenue

Funds

$ 1

1

,121,151 32,270

5,821

116,304

28,81211,572

,285,930

DebtServiceFunds

( 136,862 $

-

-

21,114152,415310,391

CapitalProjectsFunds Total

$1,258,0132,270

5,821

116,304

4,215 54,141163,987

4,215 1,600,536

362.880

(52,545)89,662

(128.016)(90.899)

271,981

1.585.072

$ 1.857.053

23,275

366,930423,845132,275

_

-923.050

---

322,17946,508391,962

-32,721

-

--

32.721

(81.571)

128,016(88.794)39.222

(42,349)

1.018.809

976.460

(28.506)

(28,506)

181.454

23,275

366,930456,566132,275

322,17946.508

1.347.733

252.803

(52,545)217,678

(216.810)(51.677)

201,126

2.785.335

152.948 $2.986.461

51

NONMAJOR SPECIAL REVENUE FUNDS

Jail Maintenance Fund

The Jail Maintenance Fund accounts for the operations of the parish jail. Financing is provided primarily byad valorem taxes and state revenue sharing funds.

Road District Maintenance Funds

The Road District Maintenance Funds account for the construction and maintenance of roads located withineach respective road district. Funding is provided by ad valorem taxes levied against properties locatedwithin the districts and by state revenue sharing funds.

Coroner's Operational Fund

The Coroner's Operational Fund, established by Louisiana Revised Statute 33:1572(3), accounts for fundscollected and remitted by the sheriff or clerk of court for the purpose of defraying the operational costs of thecoroner of St. Landry Parish.

Bavou Bouef and Waxia Drainage District Fund

The Bayou Bouef Waxia Drainage District Fund accounts for funds available for maintenance of thedesignated district.

Evacuee Relief Fund

The Evacuee Relief Fund is used to account for donations obtained to assist in providing medication and otherservices for hurricane evacuees.

Flood Control Fund

The Flood Control Fund accounts for funds received from the U.S. Department of Defense in lieu of realestate taxes lost by the parish from federally acquired land. The funds received may be expended as the Statelegislature may prescribe for defraying expenditures regarding flood control and drainage improvements.

Veterans' Memorial Fund

The Veterans' Memorial Fund accounts for donations received for the purpose of constructing a Veterans'Memorial Park.

52


Nonmajor Special Revenue Funds


ASSETS


Total assets

RoadJail District

Maintenance Maintenance

409,410201

$ 409.611

726,684830,967

205

$ 1.557.856

Coroner'sOperational

$ 5,791

BayouBouefand

WaxiaDrainageDistrict

$ 20,328

$ 5.791 $20328



Total liabilities



$ 24,38327.46251.845

357.766

$ 409.611

47,47851.37198.849

1.459.007

103103

5.688

10.00010.000

10.328

$ 1.557.856 $ 5.791 $ 20.328

53

Evacuee Flood Veterans'Relief Control Memorial Total

7,874 $ 14,624 $ 1,766 $ 777,0671,240,377

- - 406

7.874 $ 14.624 £ 1.766 $2.017.850

$ 71,86188.936

160.797

7,874 14,624 1.766 1.857,053

7.874 $ 14.624 $ 1.766 $2.017.850

54


Nonmajor Special Revenue Funds

Combining Statement of Revenues, Expenditures andChanges in Fund Balances


Revenues:Ad valorem taxesFines and forfeituresIntergovernmental revenues -

Federal grantsState revenues:


Total revenues

Expenditures:General government -Public safetyPublic worksCapital outlay

Total expenditures




Excess (deficiency) of revenuesand other financing sources overexpenditures and other financinguses



JailMaintenance

31,0894,684

119412.468

340,904

64,627405,531

6,937

(15,302)868

(14,434)

(7,497)

365.263

RoadDistrict

Maintenance

$ 376,576 $ 744,575

85,21523,994

8,915862.699

423,84567.648

491,493

371,206

(37,137)88,794

(128.016)(76.359)

294,847

1.164,160

357.766 S 1.459.007

Coroner'sOperational

$2,270

BayouBouef

and WaxiaDrainageDistrict

134

2.404

2,404

(106)

(106)

2,298

3.390 10.328

5.688 S 10.328

55

Evacuee Flood Veterans'Relief Control Memorial Total

$ - $ $ 1,121,1512,270

5,821 - - 5,821

116,30428,812

1.618 - 920 11.5727.439 - 920 1.285.930

26,026 - - 366,930423,845

- - - 132.27526.026 - : 923.050

(18.587) - 920 362.880

(52,545)89,662

z i - (128.016)(90.899)

(18,587) - 920 271,981

26.461 14.624 846 1.585.072

$ 7.874 $ 14.624 S 1.766 S 1.857.053

56


Nonmajor Special Revenue FundsRoad District Maintenance Funds


ASSETS


Total assets

RoadDistrict 12of Ward 2



$ 20,966 5127,728

$ 148.694 S

I 9,365 $155,086

18

; 164.469 $

I 475,862246,182

; 722.044



Total liabilities


Total liabilities and fund balance

$ 4,122 $802

4,924

143,770

4,549 $

4,549

159.920

17,26613,97131,237

690,807

148.694 S 164.469 $ 722.044

57

Sub-RoadDistrict 1of Road

District 3of Ward 1


District 11-A


District 11-Aof Ward 1 Total

26,00143,513

187

69.701 $_

183,738153,122

10,752105,336

336.860 $_

726,684830,967

205

116.088 $1.557.856

$ 2,406 $34,37636,782

32,919

15,8121,95117,763

319.097

3,323271

3.594

112,494

69.701 $ 336.860 $ 116.088

47,47851,37198,849

1,459,007

1.557.856

58


Nonmajor Special Revenue FundsRoad District Maintenance Funds

Combining Statement of Revenues, Expenditures and Changes in Fund BalancesYear Ended December 31, 2006

Revenues:Ad valorem taxesIntergovernmental revenues -


Total revenues

Expenditures:Public worksCapital outlay

Total expenditures




Excess of (deficiency) of revenues and othersources over expenditures and other uses




$ 109,548

18,0801,703

129,331

101,887

101,887


$ 120,715

31,3492,091

154,155

125,40430,987

156,391


$ 249,762

12,292

262,054

60,7889,032

69,820

27,444 (2,236) 192.234

(4,409)

(4,409)

23,035

120,735

$ 143.770 $

(5,740)

(5,740)

(7,976)

167,896

159.920 $

(16,011)88,794

72,783

265,017

425,790

690.807

59


District 3of Ward 1


District 11 -A


District 11 -Aof Ward 1 Total

35,765 $ 135,485 93,300 $ 744,575

9,9991,088

-46,852

33,3534.86338,216

18,8495,7728,150

168,256

56,89822,53079,428

6,9381,048765

102,051

45,515236

45,751

85,21523,9948,915

862,699

423,84567,648491,493

8,636 88,828 56,300 371.206

(1,731)-

(23.621)(25,352)

(16,716)

49,635

(5,698)-

(58,770)(64,468)

24,360

294,737

(3,548)-

(45.625)(49,173)

7,127

105,367

(37,137)88,794

(128,016)(76,359)

294,847

1,164,160

32.919 $ 319.097 $_ 112.494 $1.459.007

60

NONMAJOR DEBT SERVICE FUNDS

Road District Sinking Funds

The Road District Sinking Funds account for the accumulation of monies for the payment of outstanding bondissues of individual road districts of the parish.

Special Assessment Sinking Funds

Special Assessment Funds are used to account for the financing of public improvements or services whichprimarily benefit the particular taxpayers against whose properties special assessments are levied.

Old City Hall Sinking Fund

The Old City Hall Sinking Fund is used to account for the accumulation of monies for the payment of thecertificates of indebtedness issued March, 1999. The proceeds from the certificates were used to renovate theold city hall building.

61


Nonmajor Debt Service Funds


ASSETS


Total assets

Road DistrictSinking

506,337143,91034376

SpecialAssessment

SinkingOld City Hall

Sinking

$ 18,776 $ 232,36248,596

Total

757,475192,50634.376

$ 684.623 $ 18.776 $ 280.958 $ 984.357

LIABILITIES ANDFUND BALANCE


Total liabilities

Fund balance:Reserved for debt service


7,897 $

7.897

676,726 18,776 280.958

$ 7,897

7.897

976.460

684.623 $ 18.776 $ 280.958 $ 984.357

62


Nonmajor Debt Service Funds

Combining Statement of Revenues, Expenditures and Changes in Fund BalanceYear Ended December 31, 2006

Revenues:Ad valorem taxesUse of money and propertyOther revenue

Total revenues

Expenditures:General government -

LegislativeDebt service -

PrincipalInterest and fiscal charges

Total expenditures


Other financing sources:Operating transfers inOperating transfers outTotal other financing sources

Excess (deficiency) of revenuesand other financing sourcesover expenditures



Road DistrictSinking

SpecialAssessment

Sinking

$ 136,86213,812

150,674

3,563

178,00039,905221,468

(70.794)

(31,572)

708.298

Old City HallSinking Total

4571.5652.022

250

4,1791.0035,432

(3.410)

6,845150.850

157.695

19,462

140,0005.600

165,062

(7,367)

(3,410)

22.186

136,86221,114152,415

310.391

23,275

322,17946.508391.962

(81.571)

128,016(88,794)39,222

128,016(88,794)39,222

(7,367) (42,349)

288.325 1.018.809

676.726 $ 18.776 $ 280.958 $ 976.460

63


Nonmajor Debt Service FundsRoad District Sinking Funds


ASSETS


Total assets


$ 123,391

$ 123.391


District 3of Ward 1

$ 148,751

34,376

$ 183.127


District 11 -A

$ 132,19491,360

$ 223.554


District 11 -A

$ 102,00152,550

$ 154.551

Total

$ 506,337143,91034,376

$ 684.623


Liabilities:Accounts payable

Fund balance:Reserved for debt service


123,391 183.127

123.391 $ 183.127

$ 6,397 $ 1,500 $ 7,897

217,157 153.051 676.726

223.554 $ 154.551 $ 684.623

64

ST. LANDRY PARISH GOVERNMENTOpelousas, LouisianaNonmajor Debt Service FundsRoad District Sinking Funds


Revenues:Ad valorem taxesUse of money and property

Total revenues

Expenditures:General government -Legislative

Debt service -PrincipalInterest and fiscal chargesTotal expenditures


Other financing sources:Operating transfers inOperating transfers out


Excess (deficiency) of revenuesand other financing sources overexpenditures




$ - 33,4733,473

1,737

1,737

1.736

(88.794)(88.794)

(87,058)

210,449

Sub-RoadDistrict 1 Sub-Road Sub-Roadof Road District 1 District 2

District 3 of Road of Roadof Ward 1 District 11-A District 11 -A

; - $3,7963,796

725

18,0005,621

24,346

(20.550)

23,621

23.621

3,071

180.056

88,051 $3,673

91.724

375

90,00018,589

108.964

(17,240)

58,770

58.770

41,530

175.627

48,8112,870

51.681

726

70,00015,69586,421

(34.740)

45,625

45.625

10,885

142,166

Total

$ 136,86213,812

150.674

3,563

178,00039,905

221.468

(70.794)

128,016(88.794)39.222

(31,572)

708.298

123.391 £ 183.127 S 217.157 S 153.051 S 676.726

65

NONMAJOR CAPITAL PROJECTS FUNDS

Road District Capital Projects Funds

Road District No. 2 of Ward 1, Sub-Road District No. 1 of Road District No. 11-A, Sub-Road District No. 2of Road District No. 11-A, and Sub-Road District No. 1 of District 3 of Ward 1 Funds account for theconstruction and resurfacing of roads located within the geographical boundaries of each respective sub-roaddistrict. Each district is funded by a $300,000 bond issue, dated July 1,1993, March 1, 1997, November 1,1997 and June 30, 2003, respectively.

Special Assessment Construction Funds

Special Assessments Construction Funds are used to account for the construction of public improvementswhich primarily benefit the particular taxpayers against whose properties special assessments are levied.

Louisiana Community Development Block Grant Fund

The Louisiana Community Development Block Grant Fund is used to account for a federal grant received forstreet improvements and the construction of a rural fire station.

Old City Hall Construction Fund

The Old City Hall Construction Fund is used to account for the renovations to the old city hall building.

66


Nonmajor Capital Projects Funds


ASSETS


Total assets

RoadDistrictCapitalProjects

SpecialAssessmentConstruction

LouisianaCommunity

DevelopmentBlock Grant

$131,763 $ 19,125 $

131.763 S 19.125 $ 2.QQO

Old City HallConstruction Total

2,000 $ 60 $ 152,948

_6Q £ 152.948


Liabilities:Accounts payableDue to other fundsTotal liabilities



131.763 19.125

131.763 S 19.125

2.000 60 152.948

2.000 $_ 60 S 152.948

67


Nonmajor Capital Projects Funds

Combining Statement of Revenues, Expenditures, and Changes in Fund BalanceYear Ended December 31, 2006

Revenues:Intergovernmental revenues -Federal grantsState grants

Use of money and propertyTotal revenues

Expenditures:Public works -

Professional feesTotal expenditures


Other financing sources (uses):Operating transfers inOperating transfers out


Excess (deficiency) of revenues andother financing sources overexpenditures and other financing uses



Road LouisianaDistrict Special CommunityCapital Assessment Development Old City HallProjects Construction Block Grant Construction

3.6793.679

3,679

3,679

128.084

534534

534

534

18.591

32.72132.721

(32,721)

(32,721)

34.721

131.763 S 19.125 S 2.QQQ $_

2

58

Total

4,2154.215

32.72132.721

(28.5061

(28,506)

181.454

_6Q S 152.948

68


Nonmajor Capital Projects FundsRoad District Capital Project Funds


Sub-Road District1 of Electionof Ward 1

Construction

Road District 2of Ward 1

Construction

Sub-RoadDistrict 1 of

Road District 11-AConstruction

Sub-RoadDistrict 2 of

Road District 11-AConstruction Total

ASSETS

CashDue from other funds

Total assets

54,759 $ 10,923 $

54.759 $_ 10.923 $_

65,962 $

65.962 $_

119 $ 131,763

119



Total liabilities



54.759 10.923 65.962

54.759 S 10.923 $_ 65.962 $

119 131.763

119 S 131.763

69


Nonmajor Capital Projects FundsRoad District Capital Project Funds


Revenues:Use of money and property

Expenditures:Capital outlay

Total expenditures

Excess of revenues overexpenditures

Other financing sources (uses)Operating transfers inOperating transfers out

Total other financingsources (uses)

Excess of revenues andother financing sourcesover expenditures and

other financing uses



Sub-Road District Sub-Road Sub-Road1 of Election 3 Road District 2 District 1 of District 2 of

of Ward 1 of Ward 1 Road District 11-A Road District 11-AConstruction Construction Construction Construction

1.529 $

1.529

305 $

305

1.842 $_

1,842

Total

3 $ 3.679

3,679

1,529

53.230

$ 54.759 X

305

10.618

10.923 S

1,842

64.120

65.962 $

3

116

119

3,679

128.084

$ 131.763

70

DISCRETELY PRESENTEDCOMPONENT UNITS

71


Discretely Presented Component Units


ASSETS AND OTHER DEBITS

CashReceivablesLand, buildings, equipment and improvementsOther debits:

Amount available in debt service fundsAmount to be provided for general long-term debtobligations

Total assets and other debits

TouristCommission

$ 253,0537,449

18,151

$ 278.653

HistoricalDevelopment

2,588

CriminalCourt

$ 29,40042,442

2.588 $ 71,842

LIABILITIES, EQUITY AND OTHER CREDITS

Liabilities:Accounts payableDue to primary governmentCompensated absencesBonds payable

Total liabilities

Fund equity and other credits:Investment in general fixed assetsFund balances:

Reserved for debt serviceUnreserved, undesignated

Total fund balances

Total fund equity and other credits

Total liabilities, equity and other credits

1,250 $

1.250

18.151

259,252259,252

277.403

2,5882.588

2.588

$ 59,707

59.707

278.653 $_ 2.588

12,135

12.135

12.135

$ 71.842

72

WorkforceInvestment

Board

$ 3,244206,968852,569

34.193

SI. 096.974

$ 210,212

34,193

244,405

852.569

-

_

852.569

$1.096.974

AirportAuthority

$ 14,42914,043

2,973,176

$3.001.648

$ 6,731

6,731

2.973.176

21,74121,741

2,994,917

$3.001.648

AgriculturalArena

Authority

$ 1,590

354,097

$ 355.687

$ 37654

691

354.097

899899

354,996

$ 355.687

260,000

124.351 $1.581.355

58.905

65,44665,446

124,351

124.351

260.000

264.986

397.511

260,000658.858918.858

1.316.369

260,000

34,193

$6.513.098

4,986 $ 282,923654

34,193260.000

577.770

4.654,409

260,0001.020.9191.280.919

5.935.328

$ 1.581.355 $6.513.098

73



Reconciliation of Governmental FundsBalance Sheet to the Statement of Net Assets

December 31,2006

Total fund balances for governmental funds at December 31, 2006 $ 1,280,919

Total net assets reported for governmental activities in the statement of netassets is different because:

Capital assets used in governmental activities are not financial resourcesand, therefore, are not reported in the funds. Those assets consist of:Land and work in progress $ 63,077Buildings, net of $535,219 accumulated depreciation 848,620Equipment, furniture, and fixtures net of $925,290 accumulated depreciation 79,211Vehicles, net of $68,126 accumulated depreciation 26,480Improvements other than buildings, net of $845,598 accumulated depreciation 1,262,788 2,280,176

Compensated absences (34,193)Accrued interest payable (9,875)Bonds payable (260.000)

(304.068)

Total net assets of governmental activities at December 31, 2006 $ 3.257.027

74



Combining Statement of Revenues, Expenditures, and Changes in Fund BalancesDecember 31,2006

Revenues:Ad valorem taxesFines and forfeituresRacinoHotel/motel taxIntergovernmental revenues -Federal grantsState revenues -State revenue sharingGrants


Total revenues

Expenditures:General government -JudicialFinance and administrative

Public safetyPublic worksEconomic development and assistanceEducationElectionsCapital outlayDebt service:

PrincipalInterest and fiscal chargesTotal expenditures

Excess (deficiency) of revenues overexpenditures

Other financing uses:Administrative fees

Total other financing uses

Excess (deficiency) of revenues overexpenditures and other financing uses

Fund balances (deficit), beginning

Fund balances (deficit), ending

St. LandryParishTourist

Commission

229,802

4,6285,500

239.930

204,488

690

205,178

34.752

34,752

224.500

S 259.252

St. LandryParish

HistoricalDevelopment

73

73

73

73

2.515

CriminalCourt

175,868

813

176.681

188,317

188.317

(11.6361

_L588

(11,636)

23.771

$ 12.135

75

Workforce AgriculturalInvestment Airport Arena

Board Authority Authority

$ - $ - $80,87652,038

-

8,765,991 157,193

_

26,512 24,23623

8,506 9,0708.792,503 322.848 9,093

807,983.

132,9087,700

7,984,520-

196,768

__

8,792,503 329,676 7,700

FireRegistrar Protection

of DistrictVoters No. 6

$ - $ 170,554-

52,352-

-

7,079-

490 5,69114.018

52,842 197.342

-103,635

.--

6,94145,256 6,456

10,00015.513

52,196 135,604

Total

$ 170,554256,744104,389229,802

8,923,184

7,07950,74811,71837,094

9,791,312

188,317807,983103,635132,908212,188

7,984,5206,941

249,170

10,00015,513

9,711,174

(6.8281

(6,828)

28,569

S 21.741

1.393 646

(364)(364)

1,029

(130)

646

64.800

61.738

(401)(401)

_899 65.446

61,337

857.521

91R.85R

80.138

(765)(765)

79,373

1.201.546

1-280.919

76


All Discretely Presented Component Units

Reconciliation of Statement of Revenues, Expenditures, andChanges in Fund Balances of Governmental Funds

to the Statement of ActivitiesYear Ended December 31, 2006

Total net changes in fund balances at December 31, 2006 per Statementof Revenues, Expenditures and Changes in Fund Balances $ 79,373

The change in net assets reported for governmental activities in thestatement of activities is different because:

Governmental funds report capital outlays as expenditures. However,in the statement of activities, the cost of those assets is allocated overtheir estimated useful lives and reported as depreciation expense.

Capital outlay which is considered expenditures on Statementof Revenues, Expenditures and Changes in Fund Balances $ 148,474

Depreciation expense for the year ended December 31, 2006 (196,116) (47,642)

Governmental funds report bonded debt repayments as expenditures.However, this expenditure does not appear in the statement of activitiessince the payment is applied against the bond payable balance on thestatement of net assets 10,000

Less: Excess of compensated absences earned over compensatedabsences used (1,851)

Difference between interest on long-term debt on modified accrual basisversus interest on long-term debt on accrual basis 467

Total changes in net assets at December 31, 2006 per Statement of Activities $ 40.347

77


Component UnitsWorkforce Investment Board

Combining Program Balance SheetsDecember 31,2006

WIA S.T.E.P. JAG

ASSETS AND OTHER DEBITS

CashReceivablesEquipmentOther debits:Amount to be provided for general

long-term debt obligations

Total assets

3,244 $198,345 8,623852,569

34.193

SI.088.351

Total

3,244206,968852,569

34.193

SI.096.974

LIABILITIES, EQUITY AND OTHER CREDITS

Liabilities:Accounts payableCompensated absencesTotal liabilities

Fund equity and other credits:Investment in general fixed assetsFund balances

Total fund equity and other credits

Total liabilities, equity and other credits

$ 201,58934.193

235.782

852,569

852.569

8.623

$1.088.351 $ 8.623

$ 210,21234.193

244.405

852,569

852.569

$1.096.974

78


Component UnitsWorkforce Investment Board

Combining Program Statement of Revenues, Expenditures, and Changes in Fund BalanceYear Ended December 31, 2006

WIA S.T.E.P. JAG Total

Revenues:Intergovernmental -

Federal grants $ 8,418,119 $ 347,872 $ - $ 8,765,991State grants - - 26.512 26.512Total revenues 8.418,119 347.872 26.512 8,792.503

Expenditures:General government -Finance and administrative 799,241 8,742 - 807,983

Education 7.618.878 339.130 26.512 7.984.520Total expenditures 8.418.119 347.872 26,512 8.792.503

Excess of revenues over expenditures -



79

INTERNAL CONTROL, COMPLIANCE

AND

OTHER GRANT INFORMATION

80

Report on Internal Control over FinancialReporting and on Compliance and Other

Matters Based on an Audit of Financial StatementsPerformed in Accordance with Government Auditing Standards



Eugene H. Daraall, CPA, Retired 1990Paula D. Bihm, CPA, Deceased 2002

E. Larry Sikes, CPA, CVA, CFP™Danny P. Frederick, CPA

Clayton E. Damall, CPA, CVAEugene H. Daraall, III, CPA

Stephanie M. Higginbotham, CPAJohn P. Armato, CPA




Pamela Mayeux Bonin, CPA, CVAJoan B. Moody, CPA

Erich G. Loewer, HI, MTX, CPALauren F. Verrett, CPA

Kathleen T. Daraall, CPARaegan D. Maggio, CPA

Barbara A. Clark, CPAMichelle B. BelIard,CPA





Victoria M. LaPrairie, CPAEmily J.LeBoeuf, CPA


We have audited the financial statements of the governmental activities, the aggregate discretely presentedcomponent units, each major fund, and the aggregate remaining fund information of St. Landry ParishGovernment, as of and for the year ended December 31, 2006, which collectively comprise the St. LandryParish Government's basic financial statements and have issued our report thereon dated June 8,2007. Ourreport on the primary government financial statements was qualified because the financial statements do notinclude the financial activities of several component units that form the reporting entity. Except as discussedin the preceding sentence, we conducted our audit in accordance with auditing standards generally accepted inthe United States of America and the standards applicable to financial audits contained in GovernmentAuditing Standards, issued by the Comptroller General of the United States.

In planning and performing our audit, we considered St. Landry Parish Government's internal control overfinancial reporting as a basis for designing our auditing procedures for the purpose of expressing our opinionson the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the St.Landry Parish Government's internal control over financial reporting. Accordingly, we do not express anopinion on the effectiveness of the St. Landry Parish Government's internal control over financial reporting.

A control deficiency exists when the design or operation of a control does not allow management oremployees, in the normal course of performing their assigned functions, to prevent or detect misstatements ona timely basis. A significant deficiency is a control deficiency, or combination of control deficiencies, thatadversely affects the St. Landry Parish Government's ability to initiate, authorize, record, process, or reportfinancial data reliably in accordance with generally accepted accounting principles such that there is morethan a remote likelihood that a misstatement of the St. Landry Parish Government's financial statements thatis more than inconsequential will not be prevented or detected by the St. Landry Parish Government's internalcontrol.

125 Rue BeauregardLafayette, LA 70508

Phone: 337.232.3312Fax: 337.237.3614

1231 E. Laurel Ave.Eunice, LA 70535

Phone: 337.457.4146Fax: 337.457.5060

1201 BrashearAve.Suite 301

Morgan City, LA 70380Phone: 985.384.6264

Fax: 985.384.8140

203 S. Jefferson StreetAbbeville. LA 70510Phone: 337.893.5470

Fax: 337,893.5470

Member of:American Institute of


Society of LouisianaCertified Public Accountants

81

A material weakness is a significant deficiency, or combination of significant deficiencies, that results in morethan a remote likelihood that a material misstatement of the financial statements will not be prevented or detectedby the St. Landry Parish Government's internal control.

Our consideration of internal control over financial reporting was for the limited purpose described in the firstparagraph of this section and would not necessarily identify all deficiencies in internal control that might besignificant deficiencies or material weaknesses. We did not identify any deficiencies in internal control overfinancial reporting that we consider to be material weaknesses, as defined above.

Compliance and Other Matters

As part of obtaining reasonable assurance about whether St. Landry Parish Government's financial statements arefree of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations,contracts and grant agreements, noncompliance with which could have a direct and material effect on thedetermination of financial statement amounts. However, providing an opinion on compliance with thoseprovisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results ofour tests disclosed no instances of noncompliance that is required to be reported under Government AuditingStandards.

This report is intended solely for the information and use of the Parish Council, management and federal awardingagencies and pass-through entities and is not intended to be and should not be used by anyone other than thesespecified parties. However, under Louisiana Revised Statute 24:513, this report is distributed by the LegislativeAuditor as a public document.



82

Report on Compliance withRequirements Applicable to each Major

Program and Internal Control over Compliancein Accordance with OMB Circular A-133



Eugene H. Darnall. CPA, Retired 1990Paula D. Bihm, CPA, Deceased 2002

E. Larry Sikes, CPA, CVA, CFP'«Danny P. Frederick, CPA

Clayton E. Damall, CPA, CVAEugene H. Daraall, III, CPA

Stephanie M. Higginbotham, CPAJohn P. Aimato, CPA




Pamela Mayeux Bonin, CPA, CVAJoan B. Moody, CPA

Erich G. Loewer, III, MTX, CPALauren F. Verrett, CPA

Kathleen T. Damalt, CPARaegan D. Maggio, CPA

Barbara A. Clark, CPAMichelle B. BeIlard,CPA





Victoria M. LaPrairie, CPAEmily J. LeBoeuf, CPA


Compliance

We have audited the compliance of St. Landry Parish Government with the types of compliance requirementsdescribed in the U.S. Office of Management and Budget (OMB) Circular A-l 33 Compliance Supplement that areapplicable to each of its major federal programs for the year ended December 31, 2006. The St. Landry ParishGovernment's major federal programs are identified in the summary of auditor's results section of theaccompanying schedule of findings and questioned costs. Compliance with the requirements of laws, regulations,contracts and grants applicable to each of its major federal programs is the responsibility of St. Landry ParishGovernment's management. Our responsibility is to express an opinion on St. Landry Parish Government'scompliance based on our audit.

We conducted our audit of compliance in accordance with auditing standards generally accepted in the UnitedStates of America; the standards applicable to financial audits contained in Government Auditing Standards,issued by the Comptroller General of the United States; and OMB Circular A-133, Audits of States, LocalGovernments, and Non-Profit Organizations. Those standards and OMB Circular A-133 require that we plan andperform the audit to obtain reasonable assurance about whether noncompliance with the types of compliancerequirements 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 St. Landry Parish Government's compliance withthose requirements and performing such other procedures as we consider necessary in the circumstances. Webelieve that our audit provides a reasonable basis for our opinion. Our audit does not provide a legaldetermination on St. Landry Parish Government's compliance with those requirements.

In our opinion, St. Landry Parish Government complied, in all material respects, with the requirements referred toabove that are applicable to each of its major federal programs for the year ended December 31, 2006.

125 Rue Beauregard

Lafayette, LA 70508

Phone: 337.232.3312

Fax: 337.237.3614

1231 E. Laurel Avc.

Eunice, LA 70535Phone: 337.457.4146

Fax: 337.457.5060

1201 Brashear Ave.Suite 301

Morgan City, LA 70380

Phone: 985.384.6264

Fax: 985.384,8140

203 S. Jefferson Street

Abbeville, LA 70510

Phone: 337.893.5470

Fax: 337.893.5470

Member of:

American Institute of


Society of Louisiana


83

Internal Control Over Compliance

The management of St. Landry Parish Government is responsible for establishing and maintaining effectiveinternal control over compliance with requirements of laws, regulations, contracts and grants applicable to federalprograms. In planning and performing our audit, we considered St. Landry Parish Government's internal controlover compliance with requirements that could have a direct and material effect on a major federal program inorder to determine our auditing procedures for the purpose of expressing our opinion on compliance and to testand report on the internal control over compliance in accordance with OMB Circular A-133.

Our consideration of the internal control over compliance would not necessarily disclose all matters in the internalcontrol that might be material weaknesses. A material weakness is a condition in which the design or operation ofone or more of the internal control components does not reduce to a relatively low level the risk thatnoncompliance with applicable requirements of laws, regulations, contracts and grants that would be material inrelation to a major federal program being audited may occur and not be detected within a timely period byemployees in the normal course of performing their assigned functions. We noted no matters involving theinternal control over compliance and its operations that we consider to be material weaknesses.

This report is intended solely for the information of the Parish Council, management and federal awardingagencies and pass-through entities and is not intended to be and should not be used by anyone other than thesespecified parties. However, under Louisiana Revised Statute 24:513, this report is distributed by the LegislativeAuditor as a public document.



84


Schedule of Prior Year Findings and Questioned CostsYear ended December 31, 2006

Section I Internal Control and Compliance Material to the Financial Statements

05-1 Budget Variance

Finding:

The General Fund and the Road and Bridge Maintenance Fund, a special revenue fund, hadtotal actual expenditures and other uses exceeding total budgeted expenditures and other usesby more than five percent. Louisiana R. S. 39:1309 requires the governing authority to amendthe budget once notified that actual expenditures and other uses exceed budgeted amounts byfive percent or more (Note, state law exempts from the amendment requirements specialrevenue funds with anticipated expenditures of $250,000 or less).

Status:

This finding has been resolved.

Section II Internal Control And Compliance Material To Federal Awards

This section is not applicable for the year ended December 31, 2006.

Section III Management Letter

This section is not applicable for the year ended December 31, 2006.

85


Schedule of Findings and Questioned CostsYear Ended December 31, 2006

Section I Summary of Auditor's Results

FINANCIAL STATEMENTS

Auditor's Report

A qualified opinion has been issued on the St. Landry Parish Government's financial statements asof and for the year ended December 31, 2006. The qualified opinion is attributable to theomission of financial data of several component units of the St. Landry Parish Government.

Reportable Condition - Financial Reporting

No reportable conditions in internal control over financial reporting were disclosed during theaudit of the financial statements.

Material Noncompliance - Financial Reporting

There were no instances of noncompliance material to the financial statements disclosed duringthe audit of the financial statements.

FEDERAL AWARDS

Auditor's Report - Major Programs

In our opinion, the St. Landry Parish Government, complied, in all material respects, with therequirements that are applicable to each of its major federal programs for the year endedDecember 31,2006.

Major Program - Identification

St. Landry Parish Government had the following programs, at December 31, 2006, tested asmajor programs:

Program Name CFDA Number

Title WIA -Adult 17.258Youth 17.259Dislocated Worker 17.260

86


Schedule of Findings and Questioned Costs (Continued)Year Ended December 31, 2006

Section I Summary of Auditor's Results (Continued)

Major Program - Threshold

The dollar threshold to distinguish Type A and Type B programs is $300,000 for the year endedDecember 31,2006.

Low-Risk Auditee

St. Landry Parish Government is not considered a low-risk auditee for the year ended December31,2006.

Reportable Condition - Major Programs

There were no reportable conditions in internal control over compliance over the major programdisclosed during the audit of the financial statements.

Findine Related to Federal Programs

There were no instances of material noncompliance disclosed during the audit relating to federalprograms for the year ended December 31, 2006.

Section II Findings Relating to an Audit in Accordance With Government Auditing Standards

The audit did not disclose any findings which would require disclosure.

Section III Findings and Questioned Costs Relating to Federal Programs

There were no instances of material noncompliance or questioned costs related to federalprograms disclosed during the audit of the financial statements.

87


Management's Corrective Action PlanYear Ended December 31, 2006

Section I Internal Control and Compliance Material to the Financial Statement

This section not applicable for the year ended December 31, 2006.

Section II Internal Control and Compliance Material to Federal Awards

This section not applicable for the year ended December 31, 2006.

Section III Management Letter

This section not applicable for the year ended December 31, 2006

88

Grantor/Program Title


Schedule of Expenditures of Federal AwardsYear Ended December 31, 2006

CFDANumber

U.S. DEPARTMENT OF HOMELAND SECURITY:Passed through the Department of theMilitary, Officeof Homeland Security and Emergency Preparednessof the State of Louisiana

State Homeland Security Program (SHSP)Emergency Management Performance GrantFederal Emergency Management Assistance

Total primary government

COMPONENT UNITS -WORKFORCE INVESTMENT BOARDU.S. DEPARTMENT OF LABOR:Passed through Louisiana Department of Labor

Workforce Investment Act:AdultYouthDislocated workerHurricane Katrina NEG 2Hurricane Katrina H1B High Growth

Disbursements/Expenditures

97.07397.04297.036

17.25817.25917.26017.26017.261

U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES:Temporary Assistance for Needy FamiliesPassed through the Louisiana Department of SocialServices, administered by the Louisiana Departmentof Labor Strategies to Empower People (S.T.E.P.) 93.558

Total Workforce Investment Board

165,64629,546

283.395478.587

478.587

3,174,1981,926,850

376,6032,860,468

80.0008.418.119

347.872

8,765.991

Amounts toSubrecipients

(Continued)

89


Schedule of Expenditures of Federal Awards (Continued)Year Ended December 31, 2006

Grantor/Program Title

ST. LANDRY PARISH AIRPORT AUTHORITYU. S. DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration Direct AwardAirport Improvement Program -

Fuel Farm Project

Total component units

Total

CFDA Disbursements/ Amounts toNumber Expenditures Subrecipients

20.106 157.193157.193

8.923.184

$ 9.401.771

NOTE 1 BASIS OF PRESENTATION

The above schedule of expenditures of federal awards includes the federal grant activity of the St.Landry Parish Government and is presented on the same basis of accounting as described in Note 1 tothe financial statements. The information in this schedule is presented in accordance with therequirements of OMB Circular A-133, Audits of States, Local Governments, and Non-ProfitOrganizations.

90

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