Finan('J~lreDo~i~Le_gt_t~.Thentityisapublicorporation,legalyseparateandfiscalyindependent.As

Relaterede dokumenter
~VEAUDITOR 04JE-IPM12:19

valuationandaresubjectochangeachyearbasedontheresultsofthevaluationforthe

auditperformedinacordancewithgovernmentauditingstandard~andshonldbereadinconjunctionwiththis

30,000,000OrdinarySharesofRs.10/-each 300,000, ,000,000. PaidupShareCapital 300,000, ,000,000. Reserves 5 7,778,873 7,449,691

Central Statistical Agency.

Budget Planning Update FY January 4, 2012

unoerprovisionsofstatelaw,thfs reportisapublicdocument.a copyofthereporthasbensubmittedtotheaudited,oreviewed,

STRABAG SE Q results 31 May 2010

Combating Discrimination A Training Manual

Regnskabsforståelse

Center for Facilities Management

IBM Network Station Manager. esuite 1.5 / NSM Integration. IBM Network Computer Division. tdc - 02/08/99 lotusnsm.prz Page 1

Procuring sustainable refurbishment

Smart Solutions in Urban Development v. Sven Buch, development mangager

4. Hovedkonti for den samlede økonomi

DELAWARE RIVER PORT AUTHORITY Budget Presentation December 10, 2008

Mission and Vision. ISPE Nordic PAT COP Marts Jesper Wagner, AN GROUP A/S, Mejeribakken 8, 3540 Lynge, Denmark

Byggeri og boligforhold

BUDGET WORKSHOP #4 Proposed Budget. Budget Adoption APRIL 18, 2018, 7:00 P.M.

ICF MEDLEMSMØDE MARTS 2010 I

Tal og tabeller Facts and Figures. University of Southern Denmark

Tal og tabeller Facts and Figures UNIVERSITY OF SOUTHERN DENMARK


VENDOR DETAIL HISTORY

GN Store Nord A/S VAT number XBRL REVIEW REPORT

Status of & Budget Presentation. December 11, 2018

Pasadena Business Parks

Offentlige finanser FLERE TAL

Hvad kan vi lære af Kaiser Permanente?

Bestyrelseskonferencen oktober 2014

BALTIC PETROLEUM K/S. c/o Dan Consulting, Kristianiagade 2, kl. d København Ø. Annual report 1 January December 2015

Quarterly ActivityReport

System Management Principles Statement

EN 54-13: 2005 Fire detection and fire alarm systems Part 13: Compatibility assessment of system components.

Nordisk skattevidenskabelig forskningsråds seminar om pensionsbeskatning København, den 26. og 27. oktober 2006

Financial Management -II

Nationalregnskab og betalingsbalance

Tænk udvikling - Hvordan bruger vi de nyeste teknologier? Fuld Skrue Kasper Christensen, 17. marts 2015

Earned Value Management - et strejftog

Asking whether there are commission fees when you withdraw money in a certain country

Asking whether there are commission fees when you withdraw money in a certain country

HIV and Drug Prevention in Estonian Prisons

Vedligehold, arbejdsmiljø og virksomhedsøkonomi. Hvor får man størst benefit af vedligehold?

OVERORDNEDE RETNINGSLINJER FOR INCITAMENTSAFLØNNING AF DIREKTIONEN LAND & LEISURE A/S

Tal og tabeller Facts and Figures

DESTINATION ARCTIC CIRCLE HAR BEHOV FOR AT FÅ ADGANG TIL VÆKSTMARKEDET VIA ISLAND

APPENDIX E.3 SHADOW FLICKER CALCULATUIONS. 70 m TOWERS & 56 m BLADES

1 What is the connection between Lee Harvey Oswald and Russia? Write down three facts from his file.

Ejerforeningen Alkale apt E Blok Owners' Association Alkale apt E Blok Sükrü Kaptanogla cad Alanya / Antalya Tyrkiet

BKI foods a/s/bki Kaffe SAB Viktoriagatan 6, Helsingborg

Tal og tabeller Facts and Figures. University of Southern Denmark

VEDERLAGSPOLITIK / REMUNERATION POLICY ASETEK A/S NIK/NIK/ /

Flashing StockCatalog

CGI Microsoft-dagen 2015

Bådtrailer tilbehør Boat trailer accessories

inforevision Statsautoriseret Revisionsaktieselskab

Dendrokronologisk Laboratorium

United Nations Secretariat Procurement Division

TO LET. Refurbished Industrial Units. Forge Industrial Estate, Greenacres Road, Oldham OL4 1LE. Rent: Description: Location:

Integrity management. Setting the Scene

Rigshospitalet Hjertecentret TAVI and use of Local Anesthesia

2000 General Election Results ASSOC JUSTICE NC SUPREME COURT

Approved and registered by Finansinspektionen ( FI ) and published by Handelsbanken on 20 februari 2018.

4. Oktober 2011 EWIS

Presentation Outline. Financial Highlights. Business Review. Business Outlook & Strategy

Indkomst, forbrug og priser

Arsrapport for Annual report for the year ended 31. December Masanga Hospital Rehabilitation Project

Director Onboarding Værktøj til at sikre at nye bestyrelsesmedlemmer hurtigt får indsigt og kommer up to speed

LETTERFROM THEBOARD CHAIR

ATC UnifiedTrainingSolution

Hovedpunkter. Fixed Income Research

Modelgruppen Danmarks Statistik

INTRODUCTION THINK EDUCATE CHANGE. Thank you forcontinuing to supportoureforts to provideinsightintothestate sworkers compensation system.

Eurostat's labour market policy (LMP) statistics. Sabine GAGEL EUROSTAT

Appendix 2.e contains a copy of the carrier to the Special Health Insurance Card.

Industri FLERE TAL. Industri

Industri FLERE TAL. Industri

Bilag 1a: Officielle resultatopgørelse

DIRF Samspil mellem IR og øvrig ekstern kommunikation

Skræddersyede KPI er giver det rigtige fokus for energioptimering. V. Karsten Østergård, National Supply Manager, Carlsberg Danmark A/S

C - Lock side. D - Hinge side - standard hinge. D - Hinge side - hinge 3D 3D hinge box 20x30x10 STEEL FIRE RESISTANT DOORS DFM DS 30-1

Behavior Driven Test and Development. ebay Classifieds

2000 General Election Results ASSOC JUSTICE NC SUPREME COURT

Automatisk rumslukningsanlæg Automatic total flooding fire extinguishing systems

HIMALAYAN PROJECT FORENINGSREGNSKAB 2018

600 Billion and Counting

NORDSTAR COMMERCE ApS

Udgiftsrapport: trv-12112

Annex 9 Terms of Reference for tilsynsbesøg ved private danske organisationer

Jobkatalog Udvikling og fastholdelse af medarbejdere

L-dørgreb / L-handles

Skriftlig Eksamen Kombinatorik, Sandsynlighed og Randomiserede Algoritmer (DM528)

EN 54-13: 2005 Fire detection and fire alarm systems Part 13: Compatibility assessment of system components.

Sikkerhed - et nødvendigt onde eller en forretningsenabler?

Molio specifications, development and challenges. ICIS DA 2019 Portland, Kim Streuli, Molio,

Approved and registered by Finansinspektionen ( FI ) and published by Handelsbanken on March 27, 2016.

2000 General Election Results ASSOC JUSTICE NC SUPREME COURT

Kontanter (SEK) (FX = ) Transaktionskonto (SEK) TRKONTO 1,846, ,846, ,846, ,504,

CART MULTITEK CART MULTITEK CART. The MultiTek Cart

Rentemarkedet. Markedskommentarer og prognose. Kilde, afdækning Dato 12. august 2014

Transkript:

NorthSabineFireProtectionDistrict NotestotheFinancialStatements Zwole.Louisiana December31.196 NOTE1-SUMARYOFSIGNIFICANTACOUNTINGPOLICIES A._Or.qanizafion.TheNorthSabineFireProte~ondistrictwasincorporatedforthepurposeofprovidingfireprotection te,theresidentsofwards5-10inthenorthernsectorofsabineparish.thedistdctprovidesfundingfroma10mil taxtovariousfirestationswithinwards5-10.during196,therewerenoemployes,andtheonlycompensation BFinancialrepo~_Dg.Thefinancialrepo~ngpoliciesoftheNorthSabineFireProtecfionDistdctconformtogeneraly paidwasaperdiemtoboardmembersformetingsatended. aceptedacountingpoliciesasaplicabletogovernment.suchpoliciesalsoconformtotherequirementsof _Guideandtheindustryauditguide LouisianaRevisedStatutes24:517andtheguidelinesetforthintheLouisianaMunicipalAuditandAcoun~n_g Finan('J~lreDo~i~Le_gt_t~.Thentityisapublicorporation,legalyseparateandfiscalyindependent.As Thefolowingisasumaryofsignificantacountingpolicies requiredbygenersltyaceptedacountingprinciples,thesefinancialstatementspresenthefinancial posiljonandresultsofoperationsofnorthsabinefireprotectiondistrictaprimarygovernment.thereare nocomponentunitstobeincludedherewith,buthisreportdoesincludealfunds,acountgroups,and 2 programswhicharecontroledbythentity'sgoverningbody. separatesetofself-balancingacountswhicharecomprisedofeachfund'sasets,liabijfes,fundequity, Fundacountin.q.Theacountsofthentityareorganizedonthebasisofundsoracountgroups,each ofwhichisconsideredtobeaseparateacountingunit.theoperationsofeachfundarereportedasa revenues,andexpendituresorexpenses,asapropriate.resourcesarealocatedtoandforindividualfunds baseduponthepurposesforwhichtheyaretobespentandthemeansbywhichspendingactivitiesare controled.thevariousfundsaregrouped,inthefinancialstatementsinthisreport,intonegenericfund type(governmental)andthefolowingbroadfundcategories: GovernmentalFundTypes _S~_ecial.rewLnuefund-Thespecialrevenuefundsereusedtoacountforspecificrevenuesources (otherthanmajorcapitalprojects)thatarelegalyrestrictedtoexpendituresforspecifiedpurposes. Debtservicefund-Thedebtservicefundisusedtoacountfortheacumulationofresourcesfor Specialrepo~ngt~eatmentisalsoapliedingow~mentalfundswhenprepaiditemsarepresentoindicate andthepaymentof,generalong-termpncipal,interest,andrelatedcosts. thatheydonotrepresent"availablespendableresources",eventhoughtheyareacomponentofnetcurent aesets.suchamountsareofsetbyfundbajacereserveacounts. long-termliabilitiesasociatedwithafundaredeterminedbyitsmeasurementfocus.algovernmentalfund typesareacounledforonaspending"financialflow"measurementfocus.thismeansthatonlycurent Theacountingandreportingtreatmentapliedtofixedasetsand asetsandcurentliabilitiesaregeneralyincludedontheirbalanceshets.theireportedfundbalance (netcurentasets)isconsideredameasureof"availablespendableresources".governmentalfund operatingstatementspresentincreases(revenuesandotherfinancingsources)andecreases (expendituresandotherfinancinguses)inetcurentasets.acordingly,theyaresaidtopresenta sumaryofsourcesandusesof"availablespendingresources"duringaperiod. FixedasetsusedingovernmentalfundtypeoperationsareacountedforintheGeneralFixedAsets AcountGroup.Nodeprec~alJonhasbenprovidedonsuchasets.Alfixedasetsarevaluedathistorical costorestimatedhistoricalcostifactualhistoricalcostisnotavailable.donatedasetsarevaluedatheir estimatedfairvalueonthedatedonated.thentitydoescapitalizeany"infrastructure"asets(strets, curbs,sidewalks,drainagesystem,andsimilarasetsthatareimovable)whicharepaidforbythentity.

PAGE ndependentauditors'report 34567 CombinedBalanceShet-AlFundTypesandAcountGioups CombinedStatementofRevenues,Expenditures,andChangesinFundBalances-AlGovementa CombinedStatementofRevenues,Expenditures,andChangesinFundBalances-BudgetandActual- FundTypes NotestotheFinancialStatements AlGovernmentalFundTypes ScheduleofCompensationPaidtoBoardMembers 13 8912 ndependentauditors'reportoncompliancebasedonanauditoffinancialstatementsperformed Non-FinancialSection 14 ndependentauditors'reportontheinternalcontrolstructurebasedonanauditofgeneralpurpose inacordancewithgovernmentauditinostandards FinancialStatementsPerformedinAcordancewithGovernmentAuditinaStandards 15 16

Amaterialweaknesisareportableconditioninwhichthedesignoroperationofoneormoreofthespecificinternal controlstructurelementsdoesnotreducetoarelativelylowleveltheriskthaterorsandiregularitiesinamountsthat wouldbematerialinrelaljontothegeneralpurposefinancialstatementsbeingauditedmayocurandnotbedetected withinatimelyperiodbyemployesinthenormalcourseofperformingtheirasignedfunctions. Ourconsiderationoftheinternalcontrolstructurewouldnotnecesarilydisclosealmatersintheinternalcor~trol structurethatmightbereportableconditionsand,acordingly,wouldnotnecesarilydisclosealreportableconditions thatarealsoconsideredtobematerialweaknesesasdefinedabove.however,webelievenoneofthereportable conditionsdescribedabovearematedalweakneses. Thisrerx)rtisintendedfortheinformationoftheBoardofComisionersandmanagement.However,thisreportisa materofpublicrec.ordanditsdistdbutjonisnotlimited. May19,197 VanRhenen&Miler,Ltd'. Ce~fiedPublicAcountants 17

C.MarkVanRhenen,CPA 309IE.RaceAvenue~Searcy,Arkansas72143~(501)26845356~Fax268-9362 SteavenZ,MilerJr,CPA I.,ScotRose.CPA GeneralPurposeFinancialStatementsPerformedinAr.r.nrd~nr.ewithGovernmentAutlifinfit~nt:Irl,: ndenendenlauditors'renrtntheinternal~ntrnl.c;trunturera~ndn~naldfn Boardo Comisioners NorthSabineFireProtectionDistrict P.O.Box81 Zwole.L.A71486 WehaveauditedthegeneralpurposefinancialstatementsofNorthSabineFireProtectionDistrictasofandfortheyear endeddecember3'i,196,andhaveisuedoureporthereondatedmay19,197. Weconductedourauditinacordancewithgeneralyaceptedauditingstandardsand isuedbythecomptrolergeneraloftheunitedstates.thosestandardsrequirethatweplanandperformtheaudit tobtainreasonableasuranceaboutwhetherthegeneralpurposefinancialstatementsarefreofmaterial mistatement. ThemanagementofNorthSabineFireProtectionDistrictisresponsibleforestablishingandmaintaininganinternal controlstructure.infulfilingthisresponsibility,estimatesandjudgmentsbymanagementarerequiredtoasesthe expectedbenefitsandrelatedcostsofinternalcontrolstructurepoliciesandprocedures.theobjectivesofaninternal controlstructurearetoprovidemanagementwithreasonable,butnotabsolute,asurancethatasetsaresafeguarded againstlosfromunauthorizeduseordisposition,andthatransactionsarexecutedinacordancewithmanagement's authodzafionandrecordedproperlytopermithepreparationofgeneralpurposefinancialstatementsinacordance withgeneralyaceptedacountingprinciples.becauseofinherentlimitationsinanyinternalcontrolstructure,erors oriregularitiesmayneverthelesocurandnotbedetected.also,projectionofanyevaluationofthestructuretofuture periodsisubjectotheriskthatproceduresmaybecomeinadequatebecauseofchangesinconditionsorthatie efectivenesofthedesignandoperationofpoliciesandproceduresmaydeteriorate. InplaningandperformingourauditofthegeneralpurposefinancialstatementsofNorthSabineFireProtectionDistrict fortheyearendeddecember31,196,weobtainedanunderstandingoftheinternalcontrolstructure.withrespect totheinternalcontrolstructure,weobtainedanunderstandingofthedesignofrelevantpoliciesandproceduresand whethertheyhavebenplacedinoperation,andweasesedcontrolriskinordertodetermineouraudrdngprocedures forthepurposeofexpresingouropiniononthegeneralpurposefinancialstatementsandnotoprovideanopinionon theinternalcontrolstructure.acordingly,wedonotexpresuchanopinion. WenotedcertainmatersinvoMngtheinternalcontrolstructureanditsoperationthatweconsidertobereportable conditionsunderstandardsestablishedbytheamedcaninstituteofcertifiedpublicacountants.reportableconditions involvematerscomingtouratentionrelatingtosignificantdeficienciesinthedesignoroperationoftheinternalcontrol structurethat,inourjudgment,couldadverselyafecthentity'sabilitytorecord,proces,sumarize,andreport financialdataconsistentwiththeasertionsofmanagementinthegeneralpurposefinancialstatements. Ourstudyofthentityinternalcontrolstructuredisclosedareportableconditionininternalcontrolsrelatingto segregationofdudes.duetoitslimitedsize.thentitydoesnothavethepersoneltoadequatelyseparatetheinternal acoudngcontroldudes.thesegregaljonofdutiesisadecisionthatmustbemadebymanagementonacost-benefit basis.managementmustdetermineifthecostsofimplementinganadequateinternalcontrolsystemwiloutweighthe benefitsderivedfromsuchasystem.thisreportableconditionisinherentinalsmalentities,andshouldnotbe construedasafailureinpropermanagement.weconcurwithmanagement'sopinionthathecostsincuredto impleme~ntanadequateinternalcontrolsystemwouldexcedthebenefdsderivedfromsuchasystem.consequently, thishouldnotbeconsideredacontroledauditfinding. Members,AmericanInstiluteofCertifiedPublicAcountants 16

Members,Americ~anInstituteofCertifiedPublicAcountants 15 A17 O C.MarkVanRhenen,EPA SteavenE.MilerJr.("PA 1309li.RaceAvenue~Searcy,Arkansas72143~(501)268-8356~Fax268-9362 t.scotrose.i~pa BoardofComisioners NorthSabineFireProtectionDistrict P.O.Box81 Zwole.L.A71486 WehaveauditedthegeneralpurposefinancialstatementsofNorthSabineFireProtectionDistrictasofandfortheyear endeddecember31,196,andhaveisuedoureporthereondatedmay19,197. Weconductedourauditinacordancewithgeneralyaceptedauditingstandardsand isuedbythecomptrolergeneraloftheunitedstates.thosestandardsrequirethatweplanandperformtheaudit tobtainreasonableasuranceaboutwhetherthegeneralpurposefinancialstatementsarefreofmatelial mistatement. Compliancewithlaws,regulaUons,contracts,andgrantsaplicabletoNorthSabineFireProtectionDistrictisthe responsibilityofthentjty'smanagement.aspartofobtainingreasonableasuranceaboutwhetherthegeneral purposefinancialstatementsarefreofmaterialmistatement,weperformedtestsofthentjty'scompliancewith certainprovisionsoflaws,regulations,contracts,andgrants.however,theobjecljveofourauditofthegeneralpurpose financialstatementsvtasnotoprovideanopiniononoveralcompliancewithsuchprovisions.acordingly,wedonot expresuchanopinion. TheresultsofourtestsdisclosednoinstancesofnoncompliancethatarerequiredtobereportedunderGovernment AuditinqStandards. ThisreportisintendedfortheinformationoftheBoardofComisionersandmanagement.However,thisreporlis amaterofpublicrecord,anditsdistributionisnotlimited. May19,197 VanRhenen&Miler,Ltd. CertifiedPublicAcountants ~ ~,~L-~.

14

13 NorthSabineFireProtectionDistdct ScheduleofCompensationPaidtoBoardMembers Zwole.Louisiana FortheYearEndedDecember31.196 GaryRivers,President JimVeuleman,Vice-President LaryA.Cryer,Secretary/Treasurer $19630.0 AlbertEzernack,Comisioner JeryMcDonald,Comisioner 390.0 DougWiliams,Comisioner 30.0 TotalcompensaUonpaidtoboardmembers $2.10.0 390.0

NorthSabineFireProtectionDistdct NotestotheFinancialStatements(Continued) Zwole.Louisiana Decembel31.196 Category1-Insuredorcolateralizedwithsecuritiesheldbythentityorbyitsagentinthentity'sname. Category2-Colateralizedwithsecuritiesheldbythepledgingfinancialinstitution'strustdepartmentoragentinthe Category3-Uncolateralized. ent~ty'snarne. CashDeposits,categodzedbylevelofrisk,are BankBalances Total 135.296.51 NOTE4.-FIXEDA,(;SETS Changesinfixedasetsareasfolows $135,296.51 2 0.go 3 O.O0 Land,landimprov Building BeginingofPedod Equipment $ 28,927.25$ Total $464.932.94 124,236.9 Aditions.0$,0O Deletions 148.42.96 go $ EndofPenod 28,92725 618.097.18$148,42.96$ O0O0O0 $76,52014 124,2369 613,35.90 TheDistdctsoldbondswithapledgeagainstaxreceiptstobecolectedbytheDistdctandtobeusedbythespecia NOTE5-BONDSPAYABLE revenuefund.thefinalpaymentonthebondswasmadedadng196.particularsofthebondsareasfolows: Originalbondbalance Certificatesof Bondate Duedateofinalinstalment $125,0.0 Indebtednes Interestrate 3/1/96 ThechangesonBondsPayableareasfolows 4.09% 194 Balance,beginingofpedod Principalretirements Balance,endofpedod Bond64,0,0 (64,0.0) 0.0

NorthSabineFireProtectionDistdc~ NotestotheFinancialStatements(Continued) Zwole.Louisiana December31.196 Long-termliabilitiesexpectedtobefinancedfromgovernmentalfundtypesareacountedforintheGenera Long-TermDebtAceuntGroup.Expend~JresrelatedtosuchdebtarereflectedintheDebtServiceFund Thetwoabove-namedacountgroupsarenot"funds".Theyareconcernedonlywiththemeasurementof 4 financialposition.theyarenotinvolvedwiththemeasurementofresultsofoperations. Basisofacounfing.Algovernmentalfundtypesareacountedforusingthemodifiedacrualbasisof acounting.theirevenuesarerecognizedwhentheybecomemeasurableandavailableasnetcurent asets.alsignificantrevenuesourcesaresusceptibletoacrual. Expendituresingovernmentalfundtypesaregeneralyrecognizedunderthemodifiedacrualbasisof acountingwhentherelatedfundliabilityisincured.exceptionstothisgeneralruleinclude(1) acumulatedunpaidvacationandsickpaywhicharenotacrued,and(2)principalandinterestongeneral long-termdebtwhk:hisrecognizedwhendue. 5 Thentitydoesnotutilizencumbranceacounting ComParaOve.~data.Comparativetotaldatafortheprioryearhavenotbenpresentedintheacompanying 6; financialstatementsincethentitychangedfromatwoyeartoaoneyearepo~ngperiod. Tota!colum_~nsorLcombinedstatemerlt~'.Totalcolumnsonthecombinedstatementsarecaptioned "MemorandumOnly"toindicatethatheyarepresentedonlytofacilitatefinancialanalysis.Datainthese columnsdonotpresentfinancialpositionoresultsofoperations,inconformitywithgeneralyacepted acountingprinciples.neitherisuchdatacomparabletoacomparabletoaconsolidation.interfund C eliminationshavenotbenmadeintheagregationofthisdata. DJncometaxe_s_.TheDistrictisnotsubjectofederalorstateincometaxes,norisitrequiredtofilefederalorstate Etaxreturns. acounts,demandeposits,andothershort-termsecuritieswithmaturitiesofthremonthsorles. ThentitydefinescashtoincludecerlJficetesofdeposit,moneymarketfunds,savings NOTE~-ADVALOREM"T'AXE-S AdvaloremtaxesatachasanenforceablelienonproperlyasofJanuary1ofeachyear.Taxesareleviedanualyby Wards5-10ofSabineParishinOctoberusingtheasesedvaluedeterminedbytheSabineParishtaxasesor,and arebil~ltotaxpayersinnovember.curentasesmentisatenmils.amountshownastaxesreceivableareamounts colect~bythesabineparishsherifsoficepriortodecember31,196,butnotremitedtonorthsabinefireprotection Distdctuntil197. NOTE:~-CASHDEPOSITSWITHFINANCIALINSTITUTIONS Itisthentity'spolicyfordepositstobesecuredbycolateralvaluedatmarketorpar,whicheverislower,lesthe amountofthefederaldepositinsurancecorporationinsurance.thent~y'sdepositsarecategorizedtogivean indicationofthelevelofriskasumedbythentityatdecember31,196.thecategoriesaredescribedasfolows:

Z~Ole,Louisiana C~nblnedStateaentofRevenues,Ex~ndltures,andChangesInFundBalances- BudgetandActhal-AI]GovernmentalFund YearEndedDeCember31,196 R~,enues: Specialasesmentaxes InsuranceRebate Interest Miscelaneous Expenditures Curent: Beardperdiem Profesionalfes Training Sundryadministration Utiltle$ Maintenance Insurance Grantstofiredepartments ~apltalexpendltures TotalExpenditures OtherFinancingSources<Us~Js> Operatingtransfersout TotalOtherFlnancln9Sourcq3s<Uses> ExcesofRevenuesandSourcesover <under>expendituresanduses FuBdBalance,beginingofi~riod FUndBalance,endofperiod SpecialReVenueFunds Budget Actual 190,0.0$ 16,0.0 3,0.0.O 19,27.7$ 16,540.01 4,640.15 236.51 209,0.0$20,64.46$ 3,240.0 1,90.0 5,0.0 1,20.0 2,20.0 3,0.0 35,0.0 82,460.0.O $2,10.0$ 2,525.0 2,87.61 3,786.54 1,940.48 4,403.3 19,937.03 31,259.76 148,42.96 variance Favorable <Unfavorable> 9,27.7 540.03 1,640.15 236.51 1,140.0 625.0 2,12.39 2,586.54 259.52 1,403.3 15,062.97 51,20.24 148.42.96 134,0.0$217,262.71$83,262.71 75,0.0 6,617.36 75,0.0)$6,617.36)$ O0$63,235.61)$63,235.61 $240,102.95 Theacom]~nylngnotesaxeanintegralpertofthefinancialstatements

CombinedBalanceShet-AlFundTypesandAcountGroups ZWolJe,I,oulsiana Governmental Decem~r31,196 FundTyp~s Acount GroUps Special P~SETSANDOT}~:RDEBITS Revenue General Asetṣ Fixed MemoTotals 196 Totals Memo 195 Asets: (:ash AcountsRsc~,ivable ~axsreceivable $ 108,34.13 Otherdebits:?repaiditez~ 6,68.0 Fixedasets 18,016.28 13,747.02.0Ọ 0$ 108,34.13 ~nountavail,indebtservicefund.o0o0o0 0Ọ0 6,68.0 76,520.14 l%mt.tobep]:~idedforstir~ent ofgeneralongtermde,bt O0O0 76,520.14 18,015.28 13,747.02 O00 64,0.0.0 TOTALASETSAI~DOTRERDEBITS 76,520.14$1,013,305.57$98,750.39 LIABILITIES,EQUIP, Liabilities: Acountspayable: ANDO']~ERCREDITS Fixedliabilities Trade $ 6,682.48$ Totaliabilities.0 so o$ 6,682.48$ 13,324.65 $6,682.48$.0O$6,582.48$7,324.65 64,0.0 EquityandOtherCredits: Investmentingeneralfixedasets$ Fundbalances: Reservedforprc,palds 13,747.02.0$ Unreserved,undesignated 25,35.93 76,520.14$76,520.14$618,097.18 O0O 13,747.02 26,35.93 67,013.30 TotalEquityandOtherCredits$240,I02.95$76,520.14$1,06,623.09$921,435.74 26,325.26 TC~.LIAB.,EQUITYANDOTHERCREDITS$246,785.43$76,520.14$1,013,305.57$98,760.39 Theacompanyingnotesareanint~zalpertofthefinancialstatements

Members,AmericanInstituteofCertifiedPublicAcountants 4 C.MarkVanRhenen,CPA Steaven[.MilerJr.,CPA 1309E.RaceAvenue~Searcy,Arkansas72143~(501)268~356~Fax268-9362 L.ScotRose,CPA BoardofComisioners NorthSabineFireProtectionDistrict P.O.Box81 Zwole.ILA71486 Wehaw,~auditedtheacompanyingeneralpurposefinancialstatementsofNorthSabineFireProtectionDistrictas ofdecember31,196,andfortheyearthenended,aslistedinthetableofcontents.thesegeneralpurposefinancial statementsandthesuplementalfinancialinformationreferedtobelowaretheresponsibilityofthen~y's management.ouresponsibilityistoexpresanopiniononthesegeneralpurposefinancialstatementsbasedonour audit. WeconductedourauditinacordancewithgeneralyaceptedauditingstandardsandGovernmePtAuditinaStandat(Z~ isuedbythecomptroleroftheunitedstates.thosestandardsrequirethatweplanandperformtheauditobtain reasonableasuranceaboutwhetherthegeneralpurposefinancialstatementsarefreofmatedalmistatement.an auditincludesexamining,onatestbasis,evidencesuportingtheamountsandisclosuresinthegeneralpurpose financialstatements.anauditalsoincludesasesingtheacountingprinciplesusedandsignificantestimatesmade bymanagement,aswelasevaluatingtheoveralgeneralpurposefinancialstatementpresentation.webelievethat ourauditprovidesareasonablebasisforouropinion. Inouropinion,thegeneralpurposefinancialstatementsreferedtoabovepresentfairly,inalmaterialrespects,the financialpositionofnorthsabinefireprotectiondistdctasofdecember31,196,andtheresultsofitsoperationsfor theyearthenendedinconformitywithgeneralyaceptedacountingprinciples. considerationofnorthsabinefireprotectiondistrict'sinternalcontro itscompliancewithlawsandregulations. nacordancewithgovernmentauditinastandards.wehavealso isuedareportdatedmay19,197onour structureandareportdatedmay19,197on Ourauclitwasmadeforthepurposeoforminganopiniononthegeneralpurposefinancialstatements."[he acompanyingfinancialinformationlistedasuplementalfinancialinformationinthetableofcontentsispresented forpurposesofaditionalanalysisandisnotarequiredpartofthefinancialstatementsofnorthsabinefireprotecbon District.Suchinformationhasbensubjectedtotheauditingproceduresapliedintheauditofthegeneralpurpose financialstatementsand,inouropinion,isfairlypresentedinalmaterialrespectsinrelationtothefinancialstatements takenasawhole. May19,197 VanRhenen&Miler,Ltd. CertifiedPublicAcountants

CombinedStarkestefRevenues,Expenditures,andChangesinFundBalances- Zwole,Louisiana AlGOvernmentalFundTypes YearEndedDecemb.r31,195 Govern~ntalFundType. special Revenues: Revenue DebtService Specialasesmentaxes InsuranceRebate Interest $213,105.48 TotalRevenues Miscelaneous 16,717.58 6,973.37 $20,64.46$.0$20,84.46$239,46.43 2,750.0 Expenditures Curent: Capltaloutlay GrantstoFireDepa/tments DebtservJce: GeneralGovernment 31,259.75$ 37,579.9 Prlnclpel 148,42.96 Tot~lExpenditures Interest O0 64,0.0 148,42.96 31,259.75$ 37,579.9 34,934.26 51,36.69 2,617.36 64,0.0 42,161.82 2,617.36 101,761.80 6,617.36$283,80.07$238,152.10 7,957.53 OtherFinancingSources(Uses Operatingtransfersin Operatingtransfersout $ (6,617.36).DO$ 6,617.36$6,617.36$109,719.3 TotalOtherFinancingSOUrce8(Uses)$(6,617.36)$6,617.36$ ~0(6,617.36)(109,719.39.0O$.0 ~ceseofr~lvenuesandsourcesover FundBalance,beginingofperiod (under}e):pendltures&nduses$(63,235.61)$ 303,38.56 0O303,38.56302,04.23 FundBalance,endofperlod $240,102.96$ DO$240,102.95$303,38.56 0$(63,235.61)$1,294.3 Theacompanyingnotesareanintegralpairoftheflnanclalstatements

FINANCLALSECTION

NorthSabineFireProtectionDistrict OFICIAl, Zwolte,Louisiana FILECOPT ~gop,y~,~dp~,i.~ FinancialStatementsandSuplementalFinancialInforma~on ReportsofCertifiedPublicAcountants YearEndedDecember31,196 onfinancialandcomplianceexamination with Cert~,edPublicAcountants VanRhenen&Miler,Ltd. Searcy,Arkansas72143 1309EastRaceAvenue