6. Required Supplementary Information Other than Management Discussion and AnalysisREQUIRED SUPPLEMENTARY
INFORMATION OTHER THAN
MANAGEMENT DISCUSSION AND
ANALYSIS
CITY OF KALISPELL
SCHEDULE OF FUNDING PROGRESS — OTHER POST -EMPLOYMENT HEALTHCARE BENEFITS
Fiscal Year Ended June 30, 2014
Actuarial
Actuarial
UAAL as a
Actuarial
Value of
Accrued
Unfunded
Covered
Percentage of
Valuation
Assets
Liability (AAL)
AAL (UAAL)
Funded Ratio
Payroll
Covered Payroll
Date
(b)
(a)
(a-b)
(a/b)
(c)
((a-b)/c)
6/30/2009
$ -
$ 3,008,915
$ 3,008,915
0.00/0
Not Available
Not Available
6/30/2011
$ -
$ 2,145,522
$ 2,145,522
0.00/0
$ 8,831,832
24.3%
6/30/2013
$ -
$ 2,311,036
$ 2,311,036
0.00/0
$ 10,995,940
21.0%
74
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)
Issuance of debt
Transfers in
Transfers 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, 2014
BUDGETED AMOUNTS
ORIGINAL FINAL
$ 5,128,400
$ 5,128,400
65,962
65,962
3,745,507
3,745,507
710,703
710,703
590,000
590,000
47,510
47,510
15,000
15,000
$ 10,303,082
$ 10,303,082
$ 2,974,852
$ 2,974,852
7,306,750
7,306,750
36,819
36,819
84,578
84,578
77,270
77,270
7,270
7,270
113,000
113,000
$ 10,600,539
$ 10,600,539
General Fund
ACTUAL
AMOUNTS VARIANCE
(BUDGETARY WITH FINAL
BASIS) See Note A BUDGET
$ 5,246,868 $ 118,468
70,698 4,736
3,694,688 (50,819)
682,400 (28,303)
571,741 (18,259)
25,186 (22,324)
7,220 (7,780)
$ 10,298,801 $ (4,281)
$ 2,883,679 $
91,173
7,116,246
190,504
35,838
981
75,200
9,378
77,270
-
6,985
285
117,726
(4,726)
$ 10,312,944 $
287,595
660,000 660,000 660,000
(359,494) (359,494) (386,731) (27,237)
$ 300,506 $ 300,506 $ 273,269 $ (27,237)
75
259,126
$ 2,150,283
$ 2,150,283
$ 2,409,409
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)
Issuance of debt
Transfers in
Transfers 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, 2014
STREET MAINTENANCE
ACTUAL
AMOUNTS VARIANCE
BUDGETED AMOUNTS (BUDGETARY WITH FINAL
ORIGINAL FINAL BASIS) See Note A BUDGET
1,922,000
1,922,000
1,930,224
8,224
1,200
1,200
59,010
57,810
5,000
5,000
4,539
(461)
$ 1,928,200
$ 1,928,200
$ 1,993,773
$ 65,573
2,147,819
2,147,819
1,777,188
370,631
91,502
91,502
55,343
36,159
4,957
4,957
2,669
2,288
249,925
249,925
190,012
59,913
$ 2,494,203
$ 2,494,203
$ 2,025,212
$ 468,991
$ 200,000
$ 200,000
$ 46,500
$ (153,500)
$ 200,000
$ 200,000
$ (153,500)
$ 46,500
76
$ 15,061
$ 1,272,057
$ 1,272,057
$ 1,287,118
City of Kalispell, Montana
Budgetary Comparison Schedule
For the Fiscal Year Ended June 30, 2014
CD REVOLVING LOAN
ACTUAL
AMOUNTS
VARIANCE
BUDGETED AMOUNTS (BUDGETARY
WITH FINAL
ORIGINAL
FINAL BASIS) See Note A
BUDGET
RESOURCES (INFLOWS):
Taxes and assessments
$
$ $
$
Licenses and permits
Intergovernmental
-
Charges for services
71,556
71,556 89,888
18,332
Fines and forfeitures
-
- -
-
Miscellaneous
-
- -
-
Investment earnings
3,000
3,000 3,273
273
Amounts available for appropriation
$
74,556
$ 74,556 $ 93,161
$ 18,605
CHARGES TO APPROPRIATIONS (OUTFLOWS);
General government
$
-
$ - $ -
$ -
Public safety
Public works
-
- -
-
Community development
468,825
468,825 33,831
434,994
Debt service - principal
-
- -
-
Debt service - interest
-
Capital outlay
-
- -
-
Totalchargesto appropriations
$
468,825
$ 468,825 $ 33,831
$ 434,994
OTHER FINANCING SOURCES (USES)
Issuance of debt
$
-
$ - $ -
$ -
Transfers in
Transfers out
Total other financing sources (uses)
$
$ $ -
$
Net change in fund balance
$ 59,330
Fund balance - beginning of the year
$ 375,084
Fund balance - beginning of the year - restated
$ 375,084
Fund balance - end of the year
$ 434,414
77