6. Required Supplementary InformationREQUIRED SUPPLEMENTARY
INFORMATION OTHER THAN
MANAGEMENT DISCUSSION AND
ANALY S I S
CITY OF KALISPELL, MONTANA
SCHEDULE OF FUNDING PROGRESS — OTHER POST -EMPLOYMENT HEALTHCARE BENEFITS
Fiscal Year Ended June 30, 2013
Because the year ended June 30, 2009 was the year of transition for GASB Statement No. 45, requirements of GASB
Statement No. 45 have been implemented prospectively. Therefore, the below illustration does not reflect similar
information respective of years preceding June 30, 2009. The annual OPEB costs, the percentage of OPEB cost
contributed to the plan, and the net OPEB obligation for June 30, 2013 for the Retiree Health Plan are as follows:
ANNUAL OPEB COST
Retiree Health Plan
Year
Ended
Annual
OPEB Cost
Annual
Employer
Contribution
(implicit)
Percentage
of OPEB
Cost
Contributed
Net OPEB Obligation
6/30/2009
$ 282,232
0.0%
$ 282,232
6/30/2010
$ 282,232
0.0%
$ 566,853
6/30/2011
$ 247,511
$ 72,790
30.3%
$ 734,256
6/30/2012
$ 247,511
$ 73,206
29.6%
$ 899,082
16/30/20131
$ 333,826
1 $ (46,131)
-13.8%
1 $ 1,265,329
The Funded status of the plan was as follows:
SCHEDULE OF FUNDING
PROGRESS
Actuarial
Actuarial
UAAL as a
Actuarial
Value of
Accrued
Unfunded
Percentage of
Valuation
Assets
Liability (AAL)
AAL (UAAL)
Covered
Covered Payroll
Retiree Medical Plan
Date
(b)
(a)
(a - b)
Funded Ratio( a / b)
Payroll ( c)
(( a - b ) / c )
6/30/2013
$ -
$ 2,311,036
$ 2,311,036
0.0%
Not Available
Not Available
Changes in plan provisions
There were no benefit changes for the 2012-2013 plan year.
76
' City of Kalispell, Montana
Budgetary Comparison Schedule
For the Fiscal Year
Ended June 30, 2013
General Fund
AIRPORT TIF
ACTUAL
ACTUAL
AMOUNTS
VARIANCE
AMOUNTS
VARIANCE
BUDGETEDAMOUNTS
(BUDGETARY
WITH FINAL
BUDGETED AMOUNTS
(BUDGETARY
WITH FINAL
ORIGINAL
IF NAL
BASIS) See Note A
BUDGET
ORIGINAL
FINAL
BASIS) See Note A
BUDGE
RESOURCES (INFLOWS):
Taxes and assessments
$
5,125,635
$ 5,125,635
$ 5,119,258
S (6,377) S
-
$ _
$ _
$ -
Licenses and permits
58,325
58,325
63,474
5,149
Intergovernmental
3,623,030
3,623,030
3,695,019
71,989
4,637
4,637
14,831
10,194
Charges for services
854,500
854,500
877,076
22,576
-
_
Fines and forfeitures
577,000
577,000
575,681
(1,319)-
Miscellaneous
78,000
78,000
35,284
(42,716)
_
-
Investment earnings
20,000
20,000
10,185
(9,815)
5,000
5,000
9,955
4,955
Amounts available for appropriation
S
10,336,490
$ 10,336,490
$ 10,375,977
$ 39,487 $
9,637
S 9,637
$ 24,786
S 15,149
CHARGES TO APPROPRIATIONS (OUTFLOWS);
General government
$
2,580,192
S 2,580,192
$ 2,387,239
S 192,953 $
-
$ -
$ _
g
Public safety
7,550,833
7,550,833
7,439,720
111,113
-
_
-
Public works
574,004
574,004
543,531
30,473
-
_
-
-
Community development
-
-
-
-
148,378
2,314,714
2,287,777
26,937
Debt service - principal
72,918
72,918
74,672
(1,754)
_
-
-
_
Debt service - interest
10,585
10,585
8,912
1,673-
Capital outlay
87,000
87,000
87,000
Total charges to appropriations
$
10,875,532
$ 10,875,532
S 10,541,074
$ 334,458 S
148,378
S 2,314,714
S 2,287,777
$ 26,937
OTHER FINANCING SOURCES (USES)
Transfers in
660,239
660,239
660,239
-
550,000
550,000
540,000
(10,000)
Transfers out
(80,000)
(80,000)
(94,114)
(14,114)
-,J Total other financing sources (uses)
J
S
580,239
S 580,239
S 566,125
S (14,114) S
550,000
$ 550,000
$ 540,000
$ (10,000)
Net change in fund balance
$ 401,028
$ (1,722,991)
Fund balance - beginning of the year
$ 1,749,255
S 1,864,327
Fund balance - beginning of the year - restated
$ 1,749,255
S 1,864,327
Fund balance -end of the year
S 2,150,283
$ 141,336
RESOURCES (INFLOWS):
Taxes and assessments
Licenses and permits
Intergovernmental
Charges for services
Fines and forfeitures
Miscellaneous
Investment earnings
Amounts available for appropriation
CHARGES TO APPROPRIATIONS (OUTFLOWS);
General government
Public safety
Public works
Community development
Debt service - principal
Debt service - interest
Capital outlay
Total charges to appropriations
OTHER FINANCING SOURCES (USES)
ransfers in
ransfers out
Total other financing sources (uses)
Net change in fund balance
Fund balance - beginning of the year
Fund balance - beginning of the year - restated
Fund balance - end of the year
City of Kalispell, Montana
Budgetary Comparison Schedule
For the Fiscal Year Ended June 30, 2013
CD REVOLVING LOAN
ACTUAL
AMOUNTS VARIANCE
BUDGETED AMOUNTS (BUDGETARY WITH FINAL
ORIGINAL FINAL BASIS) See Note A BUDGE
$ $ $ $
57,197 57,197 70,210 13,013
5,000 5,000 4,753 (247)
$ 62,197 $ 62,197 $ 74,963 $ 12,766
350,000 350,000 107,359 242,641
$ 350,000 $ 350,000 $ 107,359 $ 242,641
$ $ $ $
$ (32,396)
$ 407,480
$ 407,480
$ 375,084