O VE R N
G
D
M
E
I
t
dot
Wyan
ity
,K
ansas
●
●
UNI
T
EN
F
UNIFIED GOVERNMENT OF
WYANDOTTE COUNTY/KANSAS CITY, KANSAS
eC
C
oun
s
a
ty Kans
●
“Wyandotte County
Strong Communites, Friendly People,
& Exciting Entertainment!!!”
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the fiscal year ended December 31, 2010
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
Prepared by:
Finance Department of the Unified Government of Wyandotte County/Kansas City, Kansas
REASONABLE ACCOMMODATIONS WILL BE MADE TO QUALIFIED INDIVIDUALS WITH
DISABILITIES ON AN AS NEEDED BASIS, PROVIDED ADEQUATE NOTICE IS GIVEN.
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
TABLE OF CONTENTS
Page
INTRODUCTION
Transmittal Letter ----------------------------------------------------------------------------------------------------------- i
Executive Staff ------------------------------------------------------------------------------------------------------------ xvii
Organizational Chart --------------------------------------------------------------------------------------------------- xviii
Certificate of Achievement for Excellence in Financial Reporting ------------------------------------------- xix
FINANCIAL SECTION
Independent Auditors’ Report ------------------------------------------------------------------------------------------- 2
Management’s Discussion and Analysis ----------------------------------------------------------------------------- 4
Basic Financial Statements
Government-wide Financial Statements:
Statement of Net Assets ------------------------------------------------------------------------------------ 13
Statement of Activities --------------------------------------------------------------------------------------- 14
Fund Financial Statements:
Balance Sheet – Governmental Funds ----------------------------------------------------------------- 15
Reconciliation of the Balance Sheet – Governmental Funds
To the Statement of Net Assets ---------------------------------------------------------------------- 16
Statement of Revenues, Expenditures and Changes in Fund
Balances – Governmental Funds -------------------------------------------------------------------- 17
Reconciliation of the Statement of Revenues, Expenditures and Changes to
Fund Balances – Governmental Funds to the Statement of Activities --------------------- 18
Statement of Revenues, Expenditures and Changes in Fund Balances
Budget and Actual – Budgetary Basis (Non-GAAP) – General Fund ---------------------- 19
Statement of Net Assets – Proprietary Funds --------------------------------------------------------- 20
Statement of Revenues, Expenses and Changes in Fund Net Assets Proprietary Funds ---------------------------------------------------------------------------------------- 21
Statement of Cash Flows - Proprietary Funds -------------------------------------------------------- 22
Statement of Fiduciary Net Assets ----------------------------------------------------------------------- 24
Notes to the Financial Statements -------------------------------------------------------------------------- 25
Required Supplementary Information -------------------------------------------------------------------------------- 65
Combining Statements and Schedules:
Governmental Funds --------------------------------------------------------------------------------------------- 67
Combining Balance Sheet – NonMajor Governmental Funds ------------------------------------ 72
Combining Statement of Revenues, Expenditures and Changes
in Fund Balance – NonMajor Governmental Funds--------------------------------------------- 78
Schedule of Budgetary Accounts - Budget and Actual –
Budgetary Basis (Non-GAAP)
General Fund --------------------------------------------------------------------------------------- 84
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
FINANCIAL SECTION (continued)
Governmental Funds (continued):
Budgetary Schedules (continued):
Special Revenue Funds:
Court Trustee ---------------------------------------------------------------------------------- 88
Elections ---------------------------------------------------------------------------------------- 89
Health Department --------------------------------------------------------------------------- 90
Jail Commissary ------------------------------------------------------------------------------ 91
Library ------------------------------------------------------------------------------------------- 92
Mental Health ---------------------------------------------------------------------------------- 93
Mental Retardation --------------------------------------------------------------------------- 94
Register of Deeds Technology Fund ---------------------------------------------------- 95
Special Sales Tax ---------------------------------------------------------------------------- 96
Service Program for the Elderly----------------------------------------------------------- 97
Special 911 Tax ------------------------------------------------------------------------------- 98
Special Alcohol and Drug Programs ----------------------------------------------------- 99
Special Parks and Recreation ----------------------------------------------------------- 100
Special Street and Highway ------------------------------------------------------------- 101
Tourism and Convention Promotion --------------------------------------------------- 102
Debt Service Funds:
City --------------------------------------------------------------------------------------------- 103
County ----------------------------------------------------------------------------------------- 104
Capital Project Fund:
County Initiative to Fund Infrastructure ----------------------------------------------- 105
Enterprise Funds ------------------------------------------------------------------------------------------------ 107
Combining Balance Sheet – NonMajor Enterprise Funds---------------------------------------- 108
Combining Statement of Revenues, Expenses and Changes
in Fund Net Assets – NonMajor Enterprise Funds -------------------------------------------- 109
Combining Statement of Cash Flows – NonMajor Enterprise Funds-------------------------- 110
Schedule of Budgetary Accounts - Budget and Actual –
Budgetary Basis (Non-GAAP)
Sewer System ------------------------------------------------------------------------------------ 112
Emergency Medical Service ------------------------------------------------------------------ 113
Public Levee -------------------------------------------------------------------------------------- 114
Stormwater Utility Enterprise----------------------------------------------------------------- 115
Sunflower Hills Golf Course ------------------------------------------------------------------- 116
Internal Service Funds ---------------------------------------------------------------------------------------- 117
Combining Balance Sheet -------------------------------------------------------------------------------- 118
Combining Statement of Revenues, Expenses and Changes in Net Assets ---------------- 119
Combining Statement of Cash Flows----------------------------------------------------------------- 120
Agency Funds ---------------------------------------------------------------------------------------------------- 121
Combining Statement of Changes in Assets and Liabilities – All Agency Funds----------- 122
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
STATISTICAL SECTION -------------------------------------------------------------------------------------------------- 125
Financial Trends ------------------------------------------------------------------------------------------------------- 126
Net Assets by Component – Last Seven Fiscal Years -------------------------------------------- 126
Changes in Fund Balances of Governmental Funds - Last Ten Fiscal Years-------------- 127
Changes in Net Assets - Last Seven Fiscal Years ------------------------------------------------ 128
Fund Balances of Governmental Funds - Last Ten Fiscal Years------------------------------ 130
Revenue Capacity ----------------------------------------------------------------------------------------------------- 132
Assessed and Estimated Actual Values of Taxable Tangible Property-Last Ten Years - 132
Direct and Overlapping Governments-Last Ten Fiscal Years ----------------------------------- 134
Principal Property Tax Payers-Current Year and Nine Years Ago ----------------------------- 135
General Property Tax Levies and Collections-Last Ten Fiscal Years ------------------------- 136
Debt Capacity ----------------------------------------------------------------------------------------------------------- 137
Ratios of Outstanding Debt by Type-Last Ten Fiscal Years ------------------------------------- 137
Ratios of General Bonded Debt Outstanding-Last Ten Fiscal Years-------------------------- 138
Legal Debt Margin Information-Last Ten Fiscal Years -------------------------------------------- 139
Pledged-Revenue Coverage-Last Ten Fiscal Years ---------------------------------------------- 140
Demographic and Economic Information --------------------------------------------------------------------- 141
Demographic and Economic Statistics-Last Ten Fiscal Years ---------------------------------- 141
Principal Employers-Current Year and Nines Years Ago ---------------------------------------- 142
Operating Information ----------------------------------------------------------------------------------------------- 143
Full-time Equivalent County Government Employees by Function- Last Ten Years ------ 143
Operating Indicators by Function-Last Ten Fiscal Years ----------------------------------------- 144
Capital Asset Statistics by Function-Last Ten Fiscal Years ------------------------------------- 145
County Administrator’s Office
Unified Government of Wyandotte County/
Kansas City, Kansas
Dennis Hays, County Administrator
701 North Seventh Street
Kansas City, Kansas 66101
(913) 573-5660 • FAX (913) 573-5006
July 6, 2011
To the Honorable Mayor, the Unified Board of Commissioners and Citizens of the Unified
Government of Wyandotte County/Kansas City, Kansas:
The Office of the Chief Financial Officer and the Office of the County Administrator are pleased to
submit to you the Unified Government’s 2010 Comprehensive Annual Financial Report (CAFR).
Management has prepared and is responsible for the financial statements and for the integrity and
consistency of other information in the Comprehensive Annual Financial Report. The financial
statements, which necessarily include amounts based on management estimates and judgments, have
been prepared in conformity with Generally Accepted Accounting Principles (GAAP). Management is
responsible for the accuracy, completeness, and fairness of the presented data, including all
disclosures. The data, as presented, is accurate in all material aspects. It is presented in a manner
designed to fairly set forth the financial position and results of the operation of the Unified Government
as measured by the financial activity of its various fund types. It also includes all disclosures necessary
to enable the reader to gain an understanding of the Unified Government’s financial affairs.
The Unified Government maintains a system of internal controls designed to provide reasonable
assurance that: assets are safeguarded; transactions are executed in accordance with the Unified
Government's authorization requirements and policies; and transactions are properly recorded to allow
preparation of financial statements that fairly present financial position and results of operations in
conformity with generally accepted accounting principles. Internal accounting controls are augmented
by written policies covering standards of personal and business conduct and organizational structure
providing for division of responsibility and authority.
The effectiveness of and compliance with established control systems is monitored through a
continuous program of internal controls. In recognition of cost-benefit relationships and inherent
limitations, some features of the control system are designed to detect rather than prevent errors,
irregularities and departures from approved policies and practices.
Management believes the system of controls has prevented or detected on a timely basis any
occurrences that could be material to the financial statements and that timely corrective actions have
been initiated when appropriate.
The Unified Board of Commissioners has engaged the firm of Allen, Gibbs & Houlik, L.C., independent
auditors, to render an opinion on the financial statements. To the best of our knowledge, the
independent auditors were provided access to all information and records necessary to render their
opinion.
The independent audit of the financial statements of the Unified Government is part of a broader,
federally mandated “Single Audit” designed to meet the special needs of federal grantor agencies. The
i
standards governing Single Audit engagements require the independent auditor to report not only on the fair
presentation of the financial statements, but also on the audited government‘s internal controls and compliance
with legal requirements, with special emphasis on internal controls and legal requirements involving the
administration of federal awards. These reports are available in the Unified Government’s separately issued
Single Audit Report.
The CAFR follows the organization, form and content of the revised principles prescribed by the Governmental
Accounting Standards Board (GASB), State of Kansas, Unified Government policy, and the Government
Finance Officers Association. There are two groups who are primarily responsible for determining current
governmental accounting and reporting practices. They are the American Institute of Certified Public
Accountants (AICPA), and GASB. The Unified Government of Wyandotte County/Kansas City, Kansas has
adopted these reporting guidelines as its policy and complies with them.
GAAP require that management provide a narrative introduction, overview, and analysis to accompany the
basic financial statements in the form of Management’s Discussion and Analysis (MD&A). This letter of
transmittal is designed to complement MD&A and should be read in conjunction with it. The Unified
Government’s MD&A can be found immediately following the report of the independent auditors.
General Information
The Unified Government of Wyandotte County/Kansas City, Kansas was created October 1, 1997, based on a
citizen vote to consolidate the operations of the City of Kansas City, Kansas and Wyandotte County, Kansas.
Wyandotte County is located at the confluence of the Kansas and Missouri Rivers and at the crossroads of two
transcontinental interstate highways.
Two large railroad-switching yards are located in the Unified
Government, which is also the base for several truck freight companies. The Unified Government is also the
home to the Kansas Speedway Corporation, owners and operators of the 1.5 mile super speedway, which
opened in the spring of 2001. The super speedway is located in the northwest corner of the junction of I-435
and I-70.
Government Structure
The Unified Government is the government for both Wyandotte County and the City of Kansas City, Kansas.
The governing body of the Unified Government consists of a ten-member Commission and a Mayor/Chief
Executive Officer. Eight Commission positions are elected within geographic districts. Two Commission
positions cover half of the County; each with candidates selected in the primary election within their district and
in the general election on a countywide vote. The Mayor runs countywide in the primary and the general
elections. In addition, the Mayor appoints the County Administrator with approval of the Commission. The
Commission annually adopts a balanced budget and establishes the amount of taxes to be levied for the
support of Unified Government programs. The County Administrator has the responsibility of administering
these programs in accordance with policies and the annual budget adopted by the Commission.
Economic Condition and Outlook
The Unified Government is the government for both Wyandotte County and the City of Kansas City, KS.
Wyandotte County accounts for a large number of manufacturing, transportation and distribution, including rail,
and health care jobs in the metropolitan area. Many of these jobs are high paying and contribute to the
positive statistics regarding gross payroll and gross sales. Development remains an important priority for the
Unified Government.
ii
Population
During the 1970’s and 1980’s, the population loss of Wyandotte County exceeded 6 percent. In the 1990’s,
the loss was less than 3 percent. The 2000 total for Wyandotte County and Kansas City were 157,882 and
146,866 respectively. This year the Census Bureau released data from the 2010 Census which showed
Wyandotte County’s population to be 157,505. This is a modest decline of 0.2% from the Census 2000
population count. Kansas City’s population was 0.7% lower in 2010 (145,786) than in 2000. Both figures
represent a stable population. Further, yearly estimates are provided by the Census Bureau and from a
Census 2007 estimate to the 2010 Census count, Wyandotte County’s population actually increased by 3.0%
over this period. Finally, between 2001 and 2010 permits were issued for over 4,400 new residential units in
the County, resulting in population growth in several areas of the County.
WYANDOTTE CO. AND KANSAS CITY, KS
POPULATION CHANGE, 1990-2010*
175,000
150,000
125,000
100,000
75,000
50,000
Wyan. Co.
Kansas City, KS
25,000
0
*All years except decennial years of 1990, 2000 & 2010 are Census Bureau estimates.
Housing and Construction
New single-family permits issued for 2010 totaled 96. This is the fourth year in the past five years that total
single-family permits have fallen below 400 per year. However, the decade still has seen more new singlefamily building permits (3,098) than any other prior decade going back to the 1960’s. In 2005, the 494 permits
issued was the highest single-year total for the past 40 years. The Home Builders Association of Greater
Kansas City tracks new housing starts for 69 communities in an eight-county Kansas City area and, in 2010,
Kansas City, Kansas ranked fifth among all cities in the number of single-family permits issued.
The strategic plan developed by the Wyandotte County Economic Council calls for the aggressive marketing of
the I-435/K-7 highway corridor as a prime development area. Since 2000, permits have been issued for the
construction of 4,104 new residential units in Kansas City, Kansas. This area of the City has accounted for
2,443 new residential units or 60% of the newly built units since 2000. Examples of current active subdivisions
are Northridge at Piper Estates, Sunset Ridge, Genesis at Piper and Whispering Ridge (The Lake and
Meadow) with homes ranging in price from $72,000 to $210,000. Hazelwood Villas at 113th & Parallel Parkway
and Crystal Ridge at I-435 & Leavenworth Road, are mixed-use developments that had significant construction
between 2004 and 2007. Another mixed use development, Delaware Highlands located east of K-7 on State
Avenue, also saw a high level of construction between 2004 and 2008, but also added 11 housing units in
2009. The prices of these units range from $80,000 to $120,000. These developments have attached town
homes, duplexes, and detached single-family homes. Permits were issued for 636 new units in these
mixed-use subdivisions in 2004 through 2009.
iii
A new senior housing project called Pemberton Senior Village is located just south of Parallel Parkway on 82nd
St. This $64.5 million housing project will have a total of 80 units, nearly all of them duplexes. A community
center will also be built. Through March 2011, a total of 34 permits have been issued for a total of 59 units.
The City of Kansas City, Kansas currently has 2,000 buildable lots in 60 subdivisions. The city is poised to
continue its positive housing construction trend once the local and national economies begin to improve.
Several other developments of interest are located generally north of State Avenue and east of I-635.
Peregrine Falcon Estates had its first five homes for sale in 2008. The 30-home first phase will have homes
ranging in value from $200,000 to $240,000. Located on 50 acres in the northeast portion of the city,
Peregrine Falcon Estates is part of a TIF district that will eventually include 150 new single-family homes, 21
townhomes and 40 renovated homes. Also located in far northeast Kansas City, Kansas, Fairfax Bluff
Apartments began renting refurbished units in 2008. A total of 254 units in 47 buildings make up the Fairfax
Bluffs Apartment complex. These buildings were initially constructed during the 1940’s to house workers
building bombers in the Fairfax Industrial Business District. Finally, the former Northeast Junior High School
near 4th and Troup was converted to a 40-unit senior apartment complex in 2007. The conversion represents a
$6 million investment and is heading into its second phase.
Community Housing Wyandotte County (CHWC) is a non-profit, community development corporation, whose
mission is to stabilize, revitalize, and reinvest in Wyandotte County through improved housing and other
related developments. CHWC focuses its programs in the urban core neighborhoods of Kansas City,
Kansas/Wyandotte County. CHWC was created through the merger of Catholic Housing of Wyandotte County
and Neighborhood Housing Services of Kansas City, Kansas. Jointly, these agencies have built and sold over
150 new single-family homes in the urban core of Kansas City, Kansas, and rehabbed over 50 existing homes
in the neighborhoods of Prescott, St. Peters/Waterway, St. Joseph/St. Benedict, Bethany, Chelsea, Riverview,
and Strawberry Hill. 65 homes have been constructed or rehabbed in the St. Peter’s/Waterway Neighborhood,
which is the largest redevelopment project to-date.
In addition, CHWC has provided more than $2,000,000 in grants, minor home repair loans, and mortgages to
low- and moderate-income households in our community, allowing them to make much needed improvements
to their homes. Thus far in 2011, CHWC has completed construction and full occupancy of 20 new single-family homes in the
Bethany Neighborhood (the first new construction in the neighborhood in more than 85 years). These homes
are part of a program called “House-to-Home Bethany”, which is a 15-year lease to purchase program for
families. At the end of the 15 years, the family will take full ownership of the house.
In partnership with the Unified Government of Wyandotte County, CHWC is combating foreclosures in our
neighborhoods through the utilization of the Neighborhood Stabilization Program, administered through the
Community Development Department. CHWC has renovated and sold 10 foreclosed homes back to new
families, and currently are working to rehab and sell an additional 14 foreclosures. It is CHWC’s goal to ensure
that these vacant and foreclosed homes do not negatively impact the community and the neighborhoods we
serve. Another project that CHWC hopes to complete pre-construction activities on in 2011 is titled the “Cottages at
Bethany.” This entails plans to build 22 single-family cottages for 55 and older households looking for
maintenance-free living in the Bethany neighborhood. The intent is to have this project completed in 2012. In 2010 alone, CHWC invested over $3.1 million dollars into the urban core neighborhoods of Kansas City,
Kansas through revitalization efforts. CHWC assisted over 30 families achieve homeownership and through
construction efforts created and/or sustained the equivalent of 23 full-time construction-related jobs.
Finally, CHWC has been officially named a HUD Approved Counseling Agency. While CHWC has long
provided homebuyer education services, it has always been a goal to be recognized and recommended by the
Department of Housing and Urban Development as a place that families and individuals can come to seek the
support they need when making the decision to purchase a home.
iv
Among other inner-city developments are Mission Cliffs in Rosedale, near the University of Kansas Medical
Center. For the period 2006 through 2008, permits were issued for 56 new housing units in this development.
Mt. Carmel at 12th and Parallel Parkway is building a 48-unit subdivision and has 12 units. Earlier in the
decade Mt. Carmel completed a senior complex (61 units) and a community-recreation center at this location.
NEW SINGLE-FAMILY HOUSING, CONSTRUCTION VALUE
KANSAS CITY, KS, 2001-2010
Millions
$70
$60
$50
$40
$30
$20
$10
$0
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
YEAR
Village West:
In recent years, efforts have directed toward the development of a 1,600-acre tract of land, located directly
northwest of the intersection of Interstate Highways I-70 and I-435. The Unified Government successfully
lobbied for special state legislation establishing the boundaries of the Tourism District, now named Village
West. State authorized Sales Tax Revenue Bonds (STAR Bonds) were used to fund eligible costs within the
district for land acquisition, site improvements, streets, utilities, and landscaping. The Unified Government
attracted the Kansas Speedway as the economic catalyst for development of this tract using the STAR Bond
financing incentive. The speedway project, totaling more than $280 million, is a 1.5-mile tri-oval on
approximately 1,100 acres of land, with 72 luxury hospitality suites and grandstand seating for 82,000. The
speedway has at least four major race events per year, and is in use approximately 200 days per year for
various events, including driving schools, charity events, and track tours. In 2011, a second NASCAR Sprint
Cup race will be added to the racing schedule. It is estimated that this second race will have an economic
impact of $100 million in the Kansas City metro area. With the addition of this second race, the Kansas
Speedway invested $3.5 million in 2010 to add lighting to the Speedway for the possibility of a night race. In
its first eight seasons, Kansas Speedway has operated at or near capacity for all major race events. An
economic impact study commissioned by the Greater Kansas City Sports Commission on behalf of Kansas
Speedway reported an annual $149.7 million of economic activity in the metropolitan Kansas City area
associated with the Speedway’s 2001 inaugural season events.
Joining Kansas Speedway at Village West are major destination retailers and entertainment business that
attracted approximately 10 million visitors and shoppers in 2010. The initial anchor businesses and attractions
include: Cabela’s, a 195,500 square-foot store with 116,666 square feet of retail space featuring hunting,
fishing, and other outdoor items with an 11,000 square-foot museum and 60,000-gallon aquarium (opened
August 2002); Nebraska Furniture Mart, a 1,075,000 square-foot store with 450,000 square feet of retail space
and an adjacent warehouse that sells furniture, electronics, appliances, and floor coverings. In 2006,
Nebraska Furniture Mart completed the construction of a warehouse addition which nearly doubled its existing
warehouse capacity. In 2009, they initiated $1.5 million for remodeling various areas within the store (opened
August 2003); and the Great Wolf Lodge and Resort, a 281-room lodge with a 40,000 square-foot indoor water
park (opened June 2003). In 2010, Great Wolf Lodge invested nearly $500,000 to upgrade a water park slide
and Cabela’s invested $500,000 on an interior remodel.
v
In addition to the Great Wolf Lodge, four other hotels have opened in Village West, including a Hampton Inn
(opened in 2003 with 76 rooms), the Chateau Avalon (opened in 2004 with 62 rooms), a Holiday Inn Express
(opened in 2005 with 96 rooms) and Country Inn (opened in 2008 with 117 rooms). A permit for an 86-room
Best Western has been issued with construction beginning in 2010. This hotel will be located close to the
Kansas Speedway.
The Legends at Village West is a more than $230 million shopping center housing nearly 855,000 square feet
of retail, dining, and entertainment. In March 2010 the Legends repositioned itself as a destination for upscale
outlet shopping. Since then, the Legends has reported a 9 percent increase in revenue and 5 percent increase
in traffic. The Legends 14 Theatre complex (87,000 square feet) with state-of-the-art seating and sound
systems is the largest of the tenants. In 2011 all 14 screens were upgraded with digital projection and seven of
the auditoriums are now available for 3D presentation. Dave and Buster’s, with nearly 50,000 square feet, is a
large restaurant/arcade. In 2006, the grand opening of the Legends Center occurred. Currently, over 100
businesses are open with many of the stores and restaurants new to the Kansas City area, creating a unique
destination. Backfire BBQ opened in December 2009 and offers attractions that feature dining, entertainment
and retail. Backfire BBQ is a partnership between the creators of the T-Rex restaurant located at the Legends
and Orange County Chopper Inc. Also opening in 2009 were Five Guys Burgers and Fries and Vanity Fair
Outlet. Several stores opened at the Legends in 2010, including Christopher & Banks, LOFT Outlet, Sephoria
and the Treasure Chest. Thus far in 2011 three new retailers have announced they will be opening at the
Legends - Chico’s, Soma Intimates and Saks Fifth Avenue Off 5th.
In April 2006, approximately 235,000 square feet of the original STAR Bond area that provided the financial
mechanism to create the Kansas Speedway and the Village West tourism district was removed. This tract of
land, which the Unified Government successfully petitioned to be removed, is located in the original northwest
corner of the tourism district. Currently, five businesses are operating in the area and local sales taxes
generated are being retained by the local entities. These businesses include two large department store
retailers, JC Penney and Target (both opened in 2006) as well a Taco Bueno (opened 2007), Payless
Shoesource, Panda Express restaurant, a National Tire and Battery and a 117-room Country Inn and Suite (all
of which opened in 2008).
vi
Village West and the Legends truly is a unique retail experience. The Unified Government has been awarded
the International Economic Development Council (IEDC) 2009 Excellence in Economic Development award in
the Public-Private Partnership Category for the Village West Project. IEDC is the largest and most respected
professional economic development organization with members worldwide.
As of December 2010, 101 businesses, including 29 restaurants, were open in Village West, employing nearly
5,700 persons. These businesses generated over $550 million in retail sales with local and state sales tax,
use and transient guest tax collections of over $48 million. The 2010 real and personal property taxes levied
for this development area was just over $11 million.
Design and construction of two major new developments within the Village West were underway in 2010. The
Unified Government, Zimmer Real Estate Services, Inc. and the Kansas Unified Development, LLC entered
into a Multi-Sport Stadium Venture Agreement (“Stadium Agreement”) for the construction of an 18,000-seat
multi-sport stadium complex that will be the permanent home to the Sporting Kansas City, a Major League
Soccer team. Under the Stadium Agreement, the Unified Government has issued STAR Bonds that result in
$147,000,000 of net funding for the Stadium Project. The STAR Bonds are payable from State and local
sales and transient guest taxes. Construction has commenced for the Stadium Project and the stadium is
anticipated to be open in June 2011. In addition to the stadium, a tournament style soccer field complex will be
constructed nearby and three recreational soccer fields will be constructed in Kansas City, Kansas. The
Unified Government, Zimmer Real Estate Services, Inc. and Cerner Corporation entered into Land Transfer
and Specific Venture Agreement in which Cerner Corporation proposes to construct approximately
600,000 square feet of Class A office buildings to accommodate 4,000 Cerner employees. Cerner Corporation
is an international supplier of healthcare technology. Construction of the first office building is to begin no later
than December 1, 2011 with the entire office complex to be completed by December 1, 2016. The Stadium
Project, Class A office buildings and ancillary improvements are expected to cost in excess of $400 million.
CommunityAmerica Ballpark is the home of the Kansas City T-Bones, a member of independent baseball’s
Northern League. Since the T-Bones moved to Kansas City, Kansas and built their ballpark in 2003, they have
proven to be one of the most popular independent teams in the country, averaging 6,000 fans per game. The
T-Bones also host area high school and college games and tournaments, as well as Kansas City Kansas
Community College games. CommunityAmerica Ballpark has also seen performances by Bob Dylan, Willie
Nelson, Def Leppard, Bryan Adams, and various other entertainment acts.
The T-Bones have also designed a cash element for their charity outreach: the T-Bones Uncommitted
Recreation Fund (TURF). This fund, while administered by the Greater Kansas City Community Foundation, is
solely created and funded by the T-Bones. TURF deposits have to date registered in excess of $500,000.
TURF’s purpose is to fund capital improvements for Wyandotte County’s Parks & Recreation Department. The
fund is specifically not directed toward the department’s annual operating budget, but instead is designed to
create a long-lasting, accessible infrastructure for children’s recreation and sports activities. Recent TURF
projects included playground and playing field renovations at: Heathwood Park, Pierson Park, Eisenhower
Park and Regan Park, which annually hosts the metro-wide Special Olympics softball tournament.
Entering their ninth season, the T-Bones have garnered numerous awards, including Northern League
Organization of the Year honors in 2004 and 2007, and Kansas City Kansas Chamber of Commerce Small
Business of the Year in 2006. The T-Bones also brought championship baseball back to Kansas City with a
Northern League Championship in 2008. In 2009, CommunityAmerica Ballpark was named Playing Surface of
the Year for both the Northern League and Major League Soccer. The T-Bones welcomed their two-millionth
fan into Wyandotte County in the 2010 season.
Major Initiatives
In 2005, plans for Schlitterbahn Vacation Village were approved by the Kansas Secretary of Commerce to
allow for up to $225 million in STAR Bond financing. This represents a second STAR Bond approval and is
separate from the STAR Bonds issued for the Kansas Speedway and Village West Project. The total cost of
the Schlitterbahn development will be nearly $750 million. Plans for the development include a riverwalk,
water-park resort, marine park, lodging, and retail amenities. The site is located on 370 acres east of I-435
between State Avenue and Parallel Parkway and will complement the Village West development. A 24-acre
vii
first phase of the water park opened in July 2009. For the 2011 season, plans were unveiled for a multi-million
dollar expansion that will include six new attractions. Construction began in early 2011 on one of these new
slides. Company representatives were encouraged by the 2010 season which exceeded expectations. In
2010, the water park drew visitors from all 50 states, as well as the District of Columbia, the Virgin Islands,
Puerto Rico, Canada and Mexico. The first phase includes 16 attractions with 24 slides and created 350
seasonal staff positions.
Once the STAR Bonds are retired, these developments will become a major source of the new sales and guest
tax revenues for local and state governments.
In 2007, Wyandotte County voters approved a measure to legalize gambling. In December 2009, the Kansas
Lottery Gaming Facilities Review Board approved the construction of a casino in Wyandotte County. Kansas
Entertainment, the casino developer, began construction of phase one of the project in the summer of 2010.
This project is valued at $386 million and is being built on Turn 2 of the Kansas Speedway. The first phase of
the project will include 2,300 slot machines, 86 table games, restaurants and bars. The proposal also includes
a second Sprint Cup NASCAR race in 2011 and construction of a Grand-Am sports car road course at Kansas
Speedway. The casino project is expected to create 1,500 construction jobs and 1,100 new casino jobs. In
the second phase of the project, a 300-room hotel with convention space will be built, along with an
entertainment district featuring more restaurants and nightclubs, expanded gaming floor, and a spa. It is
anticipated that the casino will be opened by spring 2012.
Adjacent to Kansas University Medical Center a $39 million mixed-use economic development project, 39th &
Rainbow, will begin construction this spring. During the first week of April 2011, the existing Sun Inn Hotel was
demolished to make way for this project. Plans for this development include approximately 10,000 square feet
of first-floor retail space and, on the second through fourth floors, an 83-room Holiday Inn Express & Suites.
This area is attractive for new retail development due to the area’s dense resident population and the proximity
to the KU Medical Center and Hospital. This area draws more than 10,000 persons daily.
Downtown
Several major investments have occurred in the downtown area during the past seven years. The Unified
Government, through a public/private partnership with KCK Investors, LLC, owns a 49.5% interest in KCK
Hotel Group, LLC. This group constructed a Hilton Garden Inn and refurbished the Jack Reardon Convention
Center in the urban core. The Hilton Garden Inn Hotel has 147 rooms, a full service restaurant and lounge and
adjoins the Jack Reardon Convention Center providing a first-class hotel and convention center to downtown
Kansas City, Kansas. In 2011, the hotel and convention center, managed by the Raphael Hotel Group
completed its tenth year of operation.
Built with and adjoining the hotel is a new 100,000 square-foot headquarters facility for the Board of Public
Utilities (BPU). A 485-space parking garage funded in part by a $1.5 million grant from the Economic
Development Administration completes this development. In 2003, the Environmental Protection Agency
completed the construction of a new lab facility at a cost exceeding $16 million in the downtown area. This lab
is adjacent to the EPA Regional Office, a $55 million complex for 600 employees. The EPA has announced
plans to move out of Kansas City, Kansas effective April 2012. The current owner of the EPA building in the
City has filed a formal protest with the U.S. General Services Administration in an attempt to stop the move.
The Mayor of the City has also filed a request with the White House to review the recommendation by the U.S.
General Services Administration that gave permission for the EPA to move its offices.
The Gateway Office complex located between 4th & 5th Streets south of State Avenue has been transformed
into the Children’s Campus of Kansas City. The Children’s Campus serves as a national model in early
childhood services focusing on pre-kindergarten children. The 3-story, 72,000 square-foot building valued at
$13 million, opened in the summer of 2010. The Children’s Campus houses early childhood education
services, family support services, and health, oral health, and mental health services for young children and
their families.
A $12 million office building housing Kansas Social and Rehabilitation Services employees was completed in
2008. This building is adjacent to the Children’s Campus.
viii
Industrial Park Developments
The Unified Government currently has four major industrial parks: Fairfax Industrial Business District, Central
Industrial Business District, Armourdale Industrial Business District, and the Santa Fe Industrial Business Park.
These four industrial areas represent 80% of the industrial development in the Unified Government. The
Unified Government has several other industrial park developments in the Hart Business Park located at 55th
and K-32, Woodend Industrial Park along the I-435 Corridor, the Muncie Industrial Park located at 62nd and K32 and the I-635 Industrial Park at I-635 and Metropolitan. Edwardsville has also developed an
industrial/warehouse area near I-435 and the Kansas River.
In the Fairfax Industrial Business District, the General Motors Fairfax Plant completed a $116 million expansion
in order to produce a line of Saturn automobiles. In 2007, General Motors began building a redesigned
Chevrolet Malibu. This change to the Fairfax plant was a $190 million investment. In 2008, General Motors
built a $2.5 million addition to one of its buildings. In 2009, General Motors began production of the Buick
LaCrosse. This move added 375 jobs at the Fairfax plant. A third shift was added in January 2010, creating
approximately 900 jobs. It was announced in April 2010 that General Motors will invest $136 million in its
Kansas City plant to rebuild its next-generation Chevrolet Malibu and a hybrid version of the Buick LaCrosse.
Kellogg’s Snack Division, also located in the Fairfax Industrial District, underwent a $33 million expansion in
2007 to manufacture three new product lines. Also in 2007, Owens Corning has placed in service an $8.8
million J-3 Insulation production line. Exide Technologies, which manufactures lead-acid batteries, plans to
spend $7 million to expand operations at its Fairfax plant. Advanced Building Composites, which develops
economical, light-weight, high-strength composite building materials, began operations in early 2010.
The Armourdale Industrial Business District has several major on-going developments. In 2006, Proctor &
Gamble began a $70 million expansion for both a new product line and packaging line. Prime Investments
built a $5 million industrial/warehouse building and the PQ Corporation constructed a $1.8 million conversion of
a warehouse facility in 2007. Further, in 2011 PQ was issued a building permit valued at $6 million for a new
chemical manufacturing facility. In 2009, mattress-maker Sealy Corporation signed a 10-year lease for a new
123,000 square-foot plant in Armourdale and will move its operations from the Fairfax Industrial Business
District. In 2010, it was announced that Zeolyst International, manufacturer of zeolite powders used in a
variety of industrial applications, will make a $83 million capital investment to its Kansas City, Kansas location,
including a 43,000 square-foot addition. The company also plans to add 33 positions. The project is expected
to be completed in late 2012 or early 2013.
ix
In the Santa Fe Industrial Business Park, Display Studios opened a $4.4 million manufacturing facility in 2007.
Burlington Northern Santa Fe Railroad built a $1.5 million commercial building in 2008. Also in 2008, just
outside the Santa Fe Industrial Business Park, Swartz Road Warehouse built a $1.4 million addition. In 2009,
two more businesses announced there were moving to the Santa Fe Industrial Business Park. A Sara Lee
meat-slicing plant will occupy an existing 187,000 square-foot building and bring 250 jobs to the area. This
plant became fully operational in 2011. GMJ, a parent company for six transportation related businesses, will
occupy a previously vacant 120,000 square-foot building.
The Ranpark Corporation expanded into the Central Industrial Business District. Ranpark manufactures paper
packaging materials and spent approximately $1 million on the plant in 2007. In 2009, Package Development
Corp. spent $1 million to purchase and equip a building that will be used to create packaging for food industry
customers.
Weyerhaeuser constructed a new $6.2 million lumber product distribution center near I-435 and K-32 in 2003.
Griffin Wheel finished a $13 million expansion of its rail car wheel manufacturing facility in the K-32 Muncie
area in 2005. In 2007, Griffin Wheel constructed a $1.25 million building addition. Plastic Packaging, located
just off Holliday Drive and 65th Street, undertook a $1.2 million building expansion in 2006.
Recent developments in other areas include: Kansas City Steaks spent $4 to 5 million on additional equipment
and added 30 to 40 employees at its location in Armourdale; locally owned Liberty Fruit Company in 2010
expanded its operations in the Argentine neighborhood in Kansas City, Kansas by increasing its warehouse
capacity 50% ($1.3 million building addition) and hiring 25 additional employees; Frito Lay spent $2 million on
a distribution center in the Melrose Business Park, near I-635 and Metropolitan; Midland Pharmaceuticals
recently expanded its facility through a $4.6 million investment in the Rosedale/Shawnee Heights area of
Wyandotte County; and Fastenal and Quill opened new distribution facilities in the Edwardsville I-435 industrial
area at an aggregate investment of $14.4 million.
In the Cambridge Business Park, located just west of Kansas City, Missouri and north of I-35, Rite Maid Paper
built a $5 million office/warehouse facility in 2007. Further, in 2010, Western Blue, a printing company,
announced plans to relocate to this area from Kansas City, Missouri. Western Blue will move into a 20,000
square-foot industrial building which will improve the company’s visibility and access. Another move into the
Cambridge Business Park includes McAnany Van Cleave & Phillips PA, a prominent Kansas City, Kansas law
firm. They moved into a 26,500 square-foot office space in early 2011.
Office and Service
The downtown area, with approximately 6,000 employees, has the largest concentration of office workers. In
addition to the downtown area, there are active office parks in Cambridge Terrace, Meadowlark Lane,
Woodlands West and assorted office and medical facilities in different locations throughout the community.
The Unified Government owns and operates the 111-acre Public Levee facility in the Fairfax Industrial
Business District. At the close of 2009, the Public Levee has 569,000 square feet of warehouse and office
space. 72% of the warehouse and 48% of the office space is under lease, with warehouse space accounting
for over 91% of total Levee space. In addition, a large grain elevator facility, with 253,000 square feet and a
five story cold storage facility containing 164,000 square feet, remains leased.
.
x
Several offices and service buildings have been constructed directly north of Village West, near 110th and
Parallel Parkway. The cost of development associated with these office facilities is in excess of $5 million. The
firms locating in this area include: Heartland Primary Care, a medical group; Security National Bank; Mid
America Bank and Trust; and a general office building. In 2008, construction began on a new $2.5 million
Discover Vision Center office building in this general area. This building opened in 2009 and provides
essential vision related services to Wyandotte County residents.
Woodlands West, directly east of I-435 and Leavenworth Road, has also experienced recent development.
Two office buildings have opened since 2004. In 2007, two new hotels opened in the I-435 corridor: Comfort
Suites (84 rooms) located at I-435 & Leavenworth Rd. and Candlewood Inn (98 rooms) at 110th & Parallel. In
2008, Byrd’s Dance and Gymnastics studio opened. Adjacent to Byrd’s a newly constructed Masonic lodge
opened in 2009. The combined value of these projects is over $2 million.
Retail
In addition to the Village West development, several other developments have seen growth in recent years.
The State Avenue midtown area has had several developments. Earlier in the decade Walgreens built a new
pharmacy/discount store at 78th and State Avenue. Lowes constructed an $8.1 million 125,000 square-foot
home improvement store at 72nd and State Avenue. In 2007, a Walgreens located at 28th and State Avenue
opened. In 2009, a new Taco Bell restaurant opened at 73rd and State Avenue. The Save-A-Lot grocery store
chain has remodeled a grocery store that has been closed for several years located at 81st and State Ave. The
store was remodeled in 2010 is currently open.
Also in the midtown area at 54th and Leavenworth Road, a grocery store was remodeled and opened in
November 2008 at a cost of nearly $1 million. This redevelopment brought a much needed quality grocery
store to this part of town. A Church’s Chicken opened in 2010 at 82nd and Parallel Parkway.
In the southeast portion of the city the Shawnee Plaza shopping area is undergoing redevelopment. In 2011
permits were issued for a Sunfresh Market grocery store remodel and a façade renovation for the other retail
stores. Parking lot resurfacing is also occurring. The value of these projects totaled $1.2 million.
Other new retail stores for 2010 in various parts of the city include: a new CVS Pharmacy ($1.5 million)
located in the southwest corner of the city; a new Dollar General store located at 60th and Leavenworth Road;
and a new Casey’s General Store ($1.0 million) located at 130th and State Ave. All of these stores began
construction in 2010.
Piper Plaza has completed its second phase with the development of a neighborhood strip center. Piper Plaza
is located near Village West at 110th and Parallel Parkway, but has more of a neighborhood focus, with tenants
such as a dry cleaner, UPS delivery store, bar and grill and dental office. Its development costs are in excess
of $3 million. Not far from Piper Plaza, several banks have opened with a combined value of $4.3 million.
These include Security Bank (2005), Country Club Bank (2005), and First State Bank and Trust (2007).
In late 2006, the Unified Government Commission approved a $190 million project called Plaza at the
Speedway, a tax increment project located on the north side of Parallel Parkway across from the Legends
shopping area. This development will provide 775,000 square feet of retail shopping and is expected to create
over 2,100 jobs. The shopping area is anchored by a Best Buy that opened in the spring of 2009 and a Walmart Supercenter that opened in October 2009. A Taco Bell opened in April 2010 and an Olive Garden
restaurant opened in May 2010. Other openings are as follows: Kohl’s retail store - September 2010;
Chick-Fil-A restaurant - October 2010; and Red Lobster - March 2011. A building permit was issued in April
2011 for a Jack In the Box restaurant. Finally, just on the other side of Interstate I-435 from Village West, a
new Toyota dealership is under construction and is valued at $6 million.
xi
Recreation
A new YMCA facility, completed in 2006 at a cost of approximately $4 million, was built adjacent to the
Providence Medical Center. Mt. Carmel Development built a community center, with a cost similar to the
YMCA, in the eastern area of Wyandotte County near 12th and Parallel Parkway and opened in 2006. In
November 2006, Heart of America Volleyball Association completed a conversion of an existing building to
offices and a volleyball recreation facility which has five tournament courts. This building will serve as a
practice facility and will also host local and regional volleyball tournaments. In 2010, the Wyandotte County
Fair Board spent $800,000 on grading for a new site for the Wyandotte County Fair to be located in the vicinity
of 137th and Polfer road in the northwest portion of Wyandotte County.
Internal Accounting Controls
Financial Control: The Unified Government of Wyandotte County/Kansas City, Kansas, has adopted a
comprehensive system of internal controls designed to reasonably safeguard Unified Government assets,
check the accuracy and reliability of its accounting data, promote operational efficiency, and encourage
adherence to prescribed managerial policies within the Unified Government.
Basic management
responsibilities emphasize that the accounting system must have a strong relationship with all other
management control systems. The Unified Government's internal accounting controls reasonably safeguard
assets and provide reasonable assurance of proper recording of all financial transactions.
As part of the continuing effort to improve fiscal stewardship and financial accountability, the Unified
Government utilizes a fully computerized financial accounting management information system, the Cayenta
Financials System (CFS). The system is an integrated, online municipal government financial management
system, comprised of many subsystems. Modifications and enhancements are continually being made to this
system in order to keep abreast of rapidly changing accounting techniques and principles. CFS is based on
the single transaction concept of processing, in which all relevant files and reports are updated from a single
input of information. Look-up tables are used to tailor all accounting and classification treatments and are
changed by file maintenance initiated by the Financial System Administrator.
Budgetary Control: The Unified Government maintains budgetary controls, which have the objective of
ensuring compliance with legal provisions embodied in the annual appropriated budget approved by the
Unified Board of Commissioners. Activities of the General Fund, Special Revenue Funds, Debt Service Fund,
and Proprietary Funds are included in the annual appropriated budget.
The Unified Government has the following levels of budgetary control:
•
The legal level of control is established at the fund level by State statutes, which also permits the transfer
of budgeted amounts from one object or purpose to another within the same fund.
•
The Unified Government further controls spending by requiring that no expenditures be committed that
would exceed the amount appropriated for the spending category (e.g., Personnel Services, Contractual
Services) without the department first obtaining approval.
•
As allowed by State statute, the governing body can increase the fund level expenditures by amending
the budget. An amendment may only be made for previously unbudgeted increases in revenue other
than ad valorem taxes. To do this, a notice of public hearing to amend the budget must be published in
the local newspaper. At least ten days after the publication, the hearing may be held and the governing
body may amend the budget at that time.
The Unified Government's annual budget is prepared in conformance with and certified as required by Kansas
State Statutes. The Unified Government Administrator and the Unified Board of Commissioners evaluate
budget proposals of the various Unified Government departments to determine funding for operating, capital
and public service programs. After giving due consideration to the input received from citizens, the Unified
Board of Commissioners adopts the budget. Thus, the adopted budget is a document which places before the
people of the Unified Government a clear and precise picture of the cost of public services which are to be
xii
provided. The budget process is automated and appropriately controlled through an online accounting system
to assure effective fiscal management and accountability.
Property Tax Levies and Collections
In accordance with applicable state statutes, property taxes levied during the current year are revenues to be
used to finance the budget of the ensuing year. Taxes are assessed on a calendar year basis and are levied and
become a lien on the property on November 1 of each year. The County Treasurer is the tax collection agent for
all taxing entities within the County. Property owners have the option of paying one-half of the full amounts of the
taxes levied on or before December 20 during the year levied with the balance to be paid on or before May 10 of
the ensuing year. State statutes prohibit the County Treasurer from distributing taxes collected in the year levied
prior to January 1 of the ensuing year. Consequently, for revenue recognition purposes, the taxes levied during
the current year are not due and receivable until the ensuing year. At December 31, such taxes are a lien on the
property and are recorded as taxes receivable, net of anticipated delinquencies, with a corresponding amount
recorded as unearned revenue. It is not practicable to apportion delinquent taxes held by the County Treasurer at
the end of the year and the amounts thereof are not material in relationship to the financial statements taken as a
whole.
The November 2010 certified assessed valuation for Wyandotte County was $1.1 billion. Real property value
accounted for 84% of this overall figure. The overall total was 4% below the prior year total. Residential and
commercial property valuations continue to be impacted by the nation’s 2008 economic recession; however
the total 4% decline in property valuation in 2010 was significantly less than the prior-year loss of 10.9%.
Personal property valuation is still affected by the 2006 legislation that exempts new machinery and equipment
purchases from the tax roll. Personal property assessed value declined by $13.3 million or 11% from 2009 to
2010.
The Unified Government 2010 tax levy for the 2011 budget is $79.3 million. In 2009, the Unified Government
levied $78.8 million in property taxes for budget year 2010. Current property tax revenue collections in 2010
were $70.6 million. In comparison, in 2009 the current tax collections were $77 million, derived from a 2008 tax
levy of $86.6 million. The collection rate for current property taxes increased from 89% in 2009 to 90% in 2010.
This improvement can be attributed to the settlement of several commercial property valuation appeals in the
prior year.
Special and Extraordinary Items
Three special items occurred in 2010, impacting the financials.
First all employees, with the exception of public safety personnel were subject to 12 mandatory furlough days.
This action resulted in salary reductions of $2.2 million on an annual basis. The General Fund represented
72% or $1.6 million of the savings. Offsetting this savings was an early retirement incentive program that 76
individuals committed to. Accrued pay and benefits for these individuals totaled $2.7 million, with a General
Fund expense of $2.5 million.
Voters approved a 3/8th cent dedicated sales tax in April 2010. The tax began July 1st of 2010 and the
government received four months of tax distributions in 2010 totaling $1,880,559. A special revenue fund was
established for the receipt of these tax payments and for budgeted expenditures from the fund.
Cash Management
All idle cash is invested during the year in certificates of deposit, US Treasury Notes, the Kansas Municipal
Investment Pool, U.S. Government agencies, bank trust department municipal pools, temporary notes or no
fund warrants, repurchase agreements and overnight investments in the Unified Government’s primary
depositories. At December 31, 2010 the carrying amount of such investments was $201,801,531. The Unified
Government earned interest income in the amount of $1,156,385 during the year ended December 31, 2010.
The Unified Government pools its operating funds in order to maximize interest revenue. As provided by State
law (K.S.A. 9-1402), the Unified Government’s depositories pledge securities with market value at least equal
xiii
to the amount of the Unified Government’s funds of deposit. All active investments at December 31, 2010,
were fully collateralized in compliance with State law.
The Unified Government’s portfolio at December 31, 2010, had an average weighted maturity of 281 days with
an overall weighted average rate of interest of 1.15%. During 2010, there was an average carrying value of
$130,122,938 million.
Risk Management
The Unified Government's Risk Management program consists of both self-insured and insured programs. The
self-insured programs are Workers Compensation and General Liability with General Liability primarily
administered by the legal department with some Risk Management involvement. The insured programs consist
of automobile, property and boiler coverage, all of which have various degrees of self-insured retentions (SIR)
and deductibles.
There have been no claim settlements in excess of the SIR or deductibles on either of the automobile, property
or boiler programs during any of the prior three fiscal years.
Accident and Health: The Unified Government is self-insured for accident and health claims. Health claims
for Unified Government employees are administered through a third party administrator under an
administrative service agreement for the Unified Government’s self-insured medical plan. Premiums for the
medical plan are paid by employer and employee contributions into an internal service fund and are available
xiv
to pay health claims and administrative costs of the plan. An excess insurance policy covers individual claims
paid in excess of $250,000 per person, per year for all non-job related injuries and for job-related claims paid
for members of the Kansas City, Kansas Fire Department.
The Board of Public Utilities (BPU) is essentially 100% self-insured for health care claims and is responsible
for the first $500,000 of general liability and automobile insurance claims. In addition, any general liability or
automobile claims greater than $35,000,000 are the responsibility of BPU.
Workers’ Compensation: The Unified Government is self-insured for workers' compensation. An excess
coverage insurance policy covers individual claims in excess of $750,000. Effective January 1, 2000, the
former county’s workers’ compensation program was consolidated with the former city’s program, which is selfinsured.
The BPU is self-insured to the first $350,000 per employee/per occurrence for workers' compensation. Claims
exceeding $350,000 and up to $35,000,000 per employee/per occurrence are fully insured.
General Liability: The Unified Government is also self-insured for liability claims with no premium paid to any
insuring firm. All liability claims are reviewed, challenged if appropriate, and processed for payment at the
agreed amount by the Legal Department. Kansas statutes limit the liability in tort cases to $500,000.
Conduit Debt
In order to encourage economic and industrial development, the Unified Government issues tax exempt
industrial revenue bonds to assist local companies in financing the construction or renovation of industrial
facilities on Unified Government land or acquisition of equipment. The proceeds of the bonds issued are
deposited with local financial institutions, which act as trustees. As of December 31, 2010, a total of $547.7
million in industrial revenue bonds had been issued for various capital investment initiatives and remain
outstanding. This amount includes in excess of $295.9 million of current issues for the Kansas City, KS
General Motors’ automobile assembly plant.
Independent Audit
The basic financial statements for 2010 were examined by Allen, Gibbs, & Houlik, L.C., and their opinion has
been included in this report. They have provided the Unified Government with an unqualified opinion.
Additionally, the Unified Government is required to undergo an annual single audit in conformity with the
provisions of the Single Audit Act of 1996 and U.S. Office of Management and Budget Circular A-133, entitled
Audits of States, Local Governments and Non-Profit Organizations. Information related to this single audit,
including the Schedule of Expenditures of Federal Awards, findings and questioned costs, and auditor's
reports on the internal control structure and compliance with applicable laws and regulations are included in a
separate report issued annually by the Unified Government.
Certificate of Achievement for Excellence in Financial Reporting
The Government Finance Officers Association (GFOA) of the United States and Canada awarded a Certificate
of Achievement for Excellence in Financial Reporting to the Unified Government for its Comprehensive Annual
Financial Report for the fiscal year ended December 31, 2009. This is the ninth consecutive year that the
government has achieved this prestigious award. In order to be awarded a Certificate of Achievement, the
government must publish an easily readable and efficiently organized report, which conforms to applicable
program standards, generally accepted accounting principles, and applicable legal requirements.
A Certificate of Achievement is valid for a period of one year only. The Unified Government believes that our
current Comprehensive Annual Financial Report continues to meet the Certificate of Achievement Program’s
requirements and we are submitting the 2010 Comprehensive Annual Financial Report to GFOA to determine
its eligibility for another certificate.
xv
GOVERNING BODY AND EXECUTIVE STAFF
Joe Reardon, Mayor/Chief Executive
Nathan Barnes
Commissioner
First District
Angela Markley
Commissioner
Sixth District
Brian McKiernan
Commissioner
Second District
Thomas Cooley
Commissioner
Seventh District
Ann Brandua-Murguia
Commissioner
Third District
Benoyd M. (Butch) Ellison
Commissioner
Eighth District
Tarence Maddox
Commissioner
Fourth District
Mark Holland
Commissioner
First At-Large
Mike Kane
Commissioner
Fifth District
John Mendez
Commissioner
Second At-Large
Dennis M. Hays, County Administrator
Doug Bach, Deputy County Administrator
Gordon Criswell, Assistant County Administrator
Gary Ortiz, Assistant County Administrator
Bob Roddy, Assistant County Administrator
Jody Boeding, Chief Counsel
Lew Levin, Chief Financial Officer
xvii
xviii
xix
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
FINANCIAL SECTION
The Financial Section is the Unified Government’s audit report. It includes the opinion of the
Independent Auditors, Management’s Discussion and Analysis (MD&A), the Basic Financial Statements
and Combining Statements and Schedules.
The Basic Financial Statements reflect all financial activity of the Unified Government combined into
nine (9) schedules.
Notes to the Financial Statements are adjunctive to the Basic Financial Statements, serving to
explain the numbers and to highlight required disclosures.
The Combining Statements and Schedules reflect greater detail of the Unified Government’s
financial activities. Also included are schedules showing the extent of each fund’s compliance to state
budget laws.
1
INDEPENDENT AUDITORS’ REPORT
Honorable Mayor and Board of Commissioners
Unified Government of Wyandotte County / Kansas City, Kansas
We have audited the accompanying financial statements of the governmental activities, the businesstype activities, each major fund, and the aggregate remaining fund information of the Unified
Government of Wyandotte County / Kansas City, Kansas (Unified Government) as of and for the year
ended December 31, 2010, which collectively comprise the Unified Government’s basic financial
statements as listed in the table of contents. These financial statements are the responsibility of the
Unified Government’s management. Our responsibility is to express opinions on these financial
statements based on our audit. We did not audit the financial statements of the Board of Public
Utilities, which is both a major fund and 85 percent, 84 percent, and 90 percent, respectively, of the
assets, net assets, and revenues of the business-type activities. Those financial statements were
audited by other auditors whose report thereon has been furnished to us, and our opinion, insofar as it
relates to the amounts included for the Board of Public Utilities, is based on the report of the other
auditors.
We conducted our audit in accordance with auditing standards generally accepted in the United
States of America, the Kansas Municipal Audit Guide, and the standards applicable to financial audits
contained in Government Auditing Standards issued by the Comptroller General of the United States.
Those standards require that we plan and perform the audit to obtain reasonable assurance about
whether the financial statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial statements. An audit
also includes assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation. We believe our audit
provides a reasonable basis for our opinions.
In our opinion, based on our audit and the report of other auditors, the financial statements referred to
above present fairly, in all material respects, the respective financial position of the governmental
activities, business-type activities, each major fund, and the aggregate remaining fund information of
the Unified Government as of December 31, 2010, and the respective changes in financial position
and cash flows, where applicable, thereof, and the respective budgetary comparison for the general
fund for the year then ended in conformity with accounting principles generally accepted in the United
States of America.
In accordance with Government Auditing Standards, we have also issued our report dated July 6,
2011 on our consideration of the Government’s internal control over financial reporting and our tests
of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other
matters. The purpose of that report is to describe the scope of our testing of internal control over
financial reporting and compliance and the results of that testing, and not to provide an opinion on the
internal control over financial reporting or on compliance. That report is an integral part of an audit
performed in accordance with Government Auditing Standards and should be considered in assessing
the results of our audit.
301 N. Main, Suite 1700 ● Wichita, Kansas 67202-4868 ● (316) 267-7231 ● (316) 267-0339 fax ● www.aghlc.com
The management’s discussion and analysis and required supplementary information as listed in the
table of contents are not a required part of the basic financial statements but are supplementary
information required by accounting principles generally accepted in the United States of America. We
and the other auditors have applied certain limited procedures, which consisted principally of inquiries
of management regarding the methods of measurement and presentation of the required
supplementary information. However, we did not audit the information and express no opinion on it.
Our audit was conducted for the purpose of forming opinions on the financial statements that
collectively comprise the Unified Government’s basic financial statements. The introductory section,
combining and individual nonmajor fund financial statements and schedules, and statistical section
listed in the table of contents are presented for purposes of additional analysis and are not a required
part of the basic financial statements. The combining and individual nonmajor fund financial
statements and schedules have been subjected to the auditing procedures applied in the audit of the
basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the
basic financial statements taken as a whole. The information in the introductory and statistical
sections has not been subjected to the procedures applied by us and the other auditors in the audit of
the basic financial statements, and accordingly, we express no opinion on such information.
Allen, Gibbs & Houlik, L.C.
CERTIFIED PUBLIC ACCOUNTANTS
July 6, 2011
Wichita, Kansas
Management’s Discussion and Analysis
This discussion and analysis are intended to serve as an introduction to the Unified Government’s
basic financial statements. The Unified Government’s basic financial statements comprise three
components: 1) government-wide financial statements; 2) fund financial statements; and 3) notes to the
financial statements. This report also contains other supplementary information in addition to the basic
financial statements themselves.
Overview of the Financial Statements
Government-wide financial statements. The government-wide financial statements are designed to
provide readers with a broad overview of the Unified Government’s finances, in a manner similar to a
private-sector business.
The statement of net assets presents information on all of the Unified Government’s assets and
liabilities, with the difference between the two reported as net assets. Over time, increases or
decreases in net assets may serve as a useful indicator of whether the financial position of the Unified
Government is improving or deteriorating.
The statement of activities presents information showing how the government’s assets changed during
the most recent fiscal year. All changes in net assets are reported as soon as the underlying event
giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and
expenses are reported in this statement for some items that will only result in cash flows in future fiscal
periods (e.g., uncollected taxes and earned but unused vacation leave).
Both of the government-wide financial statements distinguish functions of the Unified Government that
are principally supported by taxes and intergovernmental revenues (governmental activities) from other
functions that are included to recover all or a significant portion of their costs through user fees and
charges (business-type activities). The governmental activities of the Unified Government include
general government, health and welfare, public safety, public works, parks and recreation, and planning
and development services. The business-type activities of the Unified Government include electric and
water systems, sewer system, EMS, public levee, storm water and Sunflower Hills Golf Course.
The government-wide financial statements can be found as listed in the Table of Contents.
Fund financial statements. A fund is a grouping of related accounts that is used to maintain control
over resources that have been segregated for specific activities or objectives. The Unified
Government, like other state and local governments, uses fund accounting to ensure and demonstrate
compliance with finance-related legal requirements. All of the funds of the Unified Government can be
divided into three categories: governmental funds, proprietary funds, and fiduciary funds.
Governmental funds. Governmental funds are used to account for essentially the same functions
reported as governmental activities in the government-wide financial statements. However, unlike the
government-wide financial statements, governmental fund financial statements focus on near-term
inflows of spendable resources, as well as on balances of spendable resources available at the end of
the fiscal year. Such information may be useful in evaluating a government’s near-term financing
requirements.
Because the focus of governmental funds is narrower than that of the government-wide financial
statements, it is useful to compare the information presented for governmental funds with similar
information presented for governmental activities in the government-wide financial statements. By
doing so, readers may better understand the long-term impact of the government’s near-term financing
decisions. Both the governmental fund balance sheet and the governmental fund statement of
revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this
comparison between governmental funds and governmental activities.
4
The Unified Government maintains 27 individual governmental funds. Information is presented
separately in the governmental fund balance sheet and in the governmental fund statement of
revenues, expenditures, and changes in fund balances for the general and capital projects funds, which
are considered to be major funds. Data from the other governmental funds are combined into a single,
aggregated presentation. Individual fund data for each of these non-major governmental funds is
provided in the form of combining statements in this report.
The Unified Government adopts an annual appropriated budget for its general fund. A budgetary
comparison statement has been provided for the general fund to demonstrate compliance with this
budget.
The basic governmental fund financial statements can be found as listed in the Table of Contents.
Proprietary funds. The Unified Government maintains two different types of proprietary
funds. Enterprise funds are used to report the same functions presented as business-type activities in
the government-wide financial statements. Internal services funds are an accounting device used to
accumulate and allocate costs internally among the Unified Government’s various functions. Because
these services predominantly benefit governmental rather than business-type functions, they have been
included within governmental activities in the government-wide financial statements.
Proprietary funds provide the same type of information as the government-wide financial statements,
only in more detail. The proprietary fund financial statements provide separate information for the
sewer system and Board of Public Utilities, which are considered major funds of the Unified
Government. Conversely, the internal service funds are combined into a single, aggregated
presentation in the proprietary fund financial statements. Individual fund data for the internal service
funds is provided in the form of combining statements in this report.
The basic proprietary fund financial statements can be found as listed in the Table of Contents.
Fiduciary funds. Fiduciary funds are used to account for resources held for the benefit of parties
outside the government. Fiduciary funds are not reflected in the government-wide financial statements
because the resources of those funds are not available to support the Unified Government’s own
programs.
The basic fiduciary fund financial statements can be found as listed in the Table of Contents.
Notes to the financial statements. The notes provide additional information that is essential to a full
understanding of the data provided in the government-wide and fund financial statements. The notes
to the financial statements can be found as listed in the Table of Contents.
Other information. In addition to the basic financial statements and accompanying notes, this report
also presents certain required supplementary information (RSI) concerning the Unified Government’s
progress in funding its obligation to provide pension and other post employment benefits to its
employees. Required supplementary information can be found as listed in the Table of Contents.
The combining statements referred to earlier in connection with non-major governmental funds and
internal service funds are presented immediately following the required supplementary information on
pensions. Combining and individual fund statements and schedules can be found as listed in the Table
of Contents.
5
Government-wide Financial Analysis
Net assets may serve over time as a useful indicator of a government’s financial position. The Unified
Government’s assets exceeded liabilities by $667,242,842 at the close of the most recent fiscal year.
By far, the largest portion of the Unified Government’s net assets (102%) reflects its investment in
capital assets (e.g., land, buildings, machinery and equipment, and infrastructure) less any related debt
used to acquire those assets that is still outstanding. The Unified Government uses these capital
assets to provide services to citizens; consequently, these assets are not available for future
spending. Although the Unified Government’s investment in its capital assets is reported net of related
debt, it should be noted that the resources needed to repay this debt must be provided from other
sources, since the capital assets themselves cannot be used to liquidate these liabilities.
Unified Government of Wyandotte County/Kansas City, Kansas
Statement of Net Assets
December 31, 2010
Governmental
Activities
2010
Current and other assets
Capital assets
$
Total assets
Long-term liabilities outstanding
Other liabilities
Total liabilities
Net assets
Invested in capital assets, net of
related debt
Restricted
Unrestricted
Total net assets
$
223,800,039
553,410,375
Business-type
Activities
2009
$
179,817,783
540,973,287
2010
$
182,563,773
810,159,598
Total
2009
$
166,907,744
814,037,100
2010
$
406,363,812
1,363,569,973
2009
$
346,725,527
1,355,010,387
777,210,414
720,791,070
992,723,371
980,944,844
1,769,933,785
1,701,735,914
430,581,203
176,611,986
325,299,095
213,326,400
431,070,843
64,426,911
447,181,874
51,817,944
861,652,046
241,038,897
772,480,969
265,144,344
607,193,189
538,625,495
495,497,754
498,999,818
1,102,690,943
1,037,625,313
255,635,959
221,299,106
420,099,070
425,007,799
675,735,029
646,306,905
15,109,099
(100,727,833)
16,963,758
(56,097,289)
53,623,425
23,503,122
57,809,722
(872,495)
68,732,524
(77,224,711)
74,773,480
(56,969,784)
170,017,225
$
182,165,575
$
497,225,617
$
481,945,026
$
667,242,842
$
664,110,601
An additional portion of the Unified Government’s net assets ($68,732,524) represents resources that
are subject to external restrictions on how they may be used. The remaining balance of unrestricted
net assets is a deficit of ($77,224,711).
Governmental Activities. Total revenues of governmental activities were $13,552,223 above prioryear revenue levels. Property tax and other tax revenue increased by $ 5,945,765. Current ad-valorem,
and sales tax (which includes the UG’s portion of the Star Bond sales tax revenues) were revenue
categories with increases of $15,364,240. Investment earnings decreased by $803,688 and
miscellaneous revenues decreased by $556,291.
The function with the most significant increase in expense is Planning and Development. The majority
of the increase is due to capital outlay for the Wizards project of approximately $22 million. However
$10,959,260 was generated from the sale of property for a Multi sport stadium and office project within
the Village West Redevelopment area. General Government decreased by approximately $1.8 million.
6
Business-type activities. Total revenues of business-type activities were $30,125,975 more than the
prior year. The increase was primarily due to higher revenues across the board in both electric and
water due to increased usage. Operating expenses decreased $19,613,500. The decrease came
primarily from the operations of the Board of Public Utilities and sewer operations. The BPU‘s total
operating expenses for 2010 and 2009 were approximately $221.5 million and $236.1 million,
respectively.
Unified Government of Wyandotte County/Kansas City, Kansas
Changes in Net Assets
Year Ended December 31, 20010
Governmental
Activities
Business-type
Activities
Total
2010
2009
2010
2009
2010
$27,023,305
38,671,684
2,096,587
$22,949,818
32,915,557
2,959,794
$265,164,097
0
867,050
$235,257,442
0
209,965
$292,187,402
38,671,684
2,963,637
$258,207,260
32,915,557
3,169,759
86,298,207
91,900,577
3,580,620
6,678,702
256,249,682
95,137,607
77,115,382
4,384,308
7,234,993
242,697,459
0
3,738,538
467,604
680,696
270,917,985
0
3,584,996
619,140
1,120,467
240,792,010
86,298,207
95,639,115
4,048,224
7,359,398
527,167,667
95,137,607
80,700,378
5,003,448
8,355,460
483,489,469
Expenses:
General government
Health and welfare
Public safety
Public works
Parks and recreation
Planning and development services
Interest on long-term debt
Electric and water systems
Public levee
Storm Water
EMS
Sewer system
Sunflower Hills golf course
Total expenses
27,087,733
14,729,903
128,169,717
49,439,819
6,476,736
41,321,126
17,491,196
0
0
0
0
0
0
284,716,230
28,883,020
14,496,775
135,838,855
58,231,382
9,409,508
23,102,672
15,629,555
0
0
0
0
0
0
285,591,767
0
0
0
0
0
0
0
221,565,124
1,413,301
1,480,508
7,367,253
17,772,564
679,706
250,278,456
0
0
0
0
0
0
0
236,173,513
1,504,174
661,304
6,944,949
23,788,544
819,472
269,891,956
27,087,733
14,729,903
128,169,717
49,439,819
6,476,736
41,321,126
17,491,196
221,565,124
1,413,301
1,480,508
7,367,253
17,772,564
679,706
534,994,686
28,883,020
14,496,775
135,838,855
58,231,382
9,409,508
23,102,672
15,629,555
236,173,513
1,504,174
661,304
6,944,949
23,788,544
819,472
555,483,723
Net assets before transfers
Special Item
Transfers
(28,466,548)
10,959,260
5,358,938
(42,894,308)
20,639,529
(29,099,946)
(71,994,254)
1,550,805
(5,358,938)
(1,550,805)
(7,827,019)
10,959,260
0
Changes in net assets
Net Assets - Beginning of year
Prior period adjustment
(12,148,350)
182,165,575
(41,343,503)
228,019,907
(4,510,829)
15,280,591
481,945,026
(30,650,751)
512,595,777
3,132,241
664,110,601
0
(71,994,254)
740,615,684
(4,510,829)
$170,017,225
$182,165,575
$497,225,617
$481,945,026
$667,242,842
$664,110,601
Revenues:
Program revenues:
Charges for services
Operating grants and contributions
Capital grants and contributions
General revenues:
Property taxes
Other taxes
Unrestricted investment earnings
Miscellaneous
Total revenues
Net assets – End of year
7
2009
0
Financial Analysis of the Government’s Funds
The Unified Government uses fund accounting to ensure and demonstrate compliance with financerelated legal requirements.
Governmental funds. The focus of the Unified Government’s governmental funds is to provide
information on near-term inflows, outflows, and balances of spendable resources. Such information is
useful in assessing the Unified Government’s financing requirements. In particular, unrestricted fund
balance may serve as a useful measure of a government’s net resources available for spending at the
end of the fiscal year.
As of the end of the current fiscal year, the Unified Government’s governmental funds reported
combined ending fund balance of $53,145,981 an increase of $89,766,577 in comparison with the prior
year. Among the undesignated fund balances of $34,111,400 is the capital projects fund balance of
$5,264,667The fund balance includes $18,667,215 which is reserved for encumbrances, indicating that
it is not available for new spending because it has already been committed to liquidate contracts and
purchase orders of the prior period. Another $359,402 is reserved for an alcohol diversion program.
The general fund is the chief operating fund of the Unified Government. At the end of the current fiscal
year, unreserved fund balance of the general fund was $9,899,484 while total fund balance decreased
to $11,649,360 a decrease of $4,479,218 from prior year. As a measure of the general fund’s liquidity,
it may be useful to compare both unreserved fund balance and total fund balance to total fund
expenditures. Unreserved fund balance represents 5.8 percent of total general fund expenditures,
while total fund balance represents 6.8 percent of that same amount. Key factors related to the trends
of the general fund are as follows.
The combined general fund mill levy rate decreased from 51.153 mills in 2008 (budget year 2009) to
51.114 mills in 2009. This change represented a decrease of 0.1%.
The mill rate increase was limited, although assessed valuation declined 11% from the prior year. This
action was a policy decision by the governing body.
General Fund current year property taxes declined $5.1 million; however the delinquent rate for currentyear tax collections improved from 12% in 2009 to 10% in 2010.
To compensate for this property tax revenue loss in 2010 and to limit the use of reserves, various cost
control and revenue enhancement policies were implemented. The payment-in-lieu-of-tax rate or PILOT
for the publically-owned Board of Public Utilities was increased 9.9% to 12.8%, generating $6 million in
additional revenues. This increase was enacted with the expectation of a reduction back to 9.9% over
a three year period.
The passage of a 3/8th cent Kansas City, Kansas dedicated sales tax for public safety and
neighborhood infrastructure also impacted revenue. This tax began July 1st of 2010 and four months of
revenues ($1.8 million) were disbursed by the State in 2010. The dedicated sales tax was used in 2010
to offset General Fund expenses. One other fee increases in 2010 impacted general fund revenues. A
mid-year trash fee increase of $2/month resulted in a $500,000 revenue increase in 2010.
Cost-control measures in 2010 included: wage freezes, among all employee groups, 12-furlough days
for non-public safety personnel and the second phase of an early retirement program with 76
employees retiring under this program in 2010. These various personnel measures reduced personnel
spending in excess of $5 million in 2010. Further two stimulus grants allowed for the hiring of 25
firefighters and 12 police officers in 2010.
8
The capital projects fund showed an $12.2 million increase in cash and temporary investments as
compared to 2009. Total assets increased $33.1 million. Capital outlay expenditures increased by
$17.4 million. Debt service expenditures decreased by $5.8 million
Proprietary funds. The total increase in net assets for the proprietary funds was $15,280,591 The
Sewer Fund had a decrease of $820,238 primarily due to transfers to other funds. BPU had a net
assets increase of $16.8 million compared to 2009, mostly due to the increase in revenue and the
decrease in cost of sales and service. For an in-depth discussion of the operating results and financial
position of the Board of Public Utilities, see the separate report issued by the Board, which can be
obtained by contacting them at:
Board of Public Utilities
540 Minnesota Avenue
Kansas City, Kansas 66101
Capital Asset and Debt Administration
Capital assets. The five-year Capital Maintenance and Improvement Plan (CMIP) is a plan for capital
investment in Wyandotte County’s streets, bridges, recreation facilities, parks, sewer system, traffic
signalization, buildings, and grounds to improve service delivery and quality of life to its citizens.
The following is a summary of capital assets for the government as of December 31, 2010 net of
accumulated depreciation:
Unified Government of Wyandotte County/Kansas City, Kansas
Capital Assets
Governmental
Business-type
Activities
2010
Activities
2009
$ 8,658,160
$ 8,658,160
$
123,220,721
123,220,721
1,355,039,099
Improvements other
than buildings
27,765,261
20,443,253
Machinery and
equipment
57,649,369
Land
Buildings
Infrastructure
Construction in
progress
Total
2010
1,305,382,115
1,478,259,820
1,428,602,836
3,691,240
3,691,240
31,456,501
24,134,493
57,175,626
39,362,032
37,906,395
97,011,401
95,081,921
515,316,882
484,492,521
147,217,375
147,155,678
662,534,257
631,648,199
93,275,799
100,496,946
44,500,555
67,728,276
121,756,996
168,225,222
(749,807,739)
(1,054,107,295)
(1,003,321,579)
$814,037,100
$1,347,550,975
1,355,010,387
Total
$553,410,735
(253,513,840)
$540,973,287
(781,631,838)
$810,159,598
1,981,135
$
2009
$ 10,639,295
(272,475,457)
$
2010
10,639,295
Accumulated
depreciation
1,981,135
2009
Additional information on the Unified Government’s capital assets can be found in Note III.B.
Long-term debt. The five-year Capital Maintenance Improvement Plan outlines capital projects to be
financed with long–term debt. The outstanding debt for 2010 includes General Obligation debt of
$230,712,124, Tax Increment Financed (TIF) debt of $32,122,876, and Revolving Loan Debt of
$33,287,441. The 2010 budget includes $25.9 million for the payment of long-term debt of the Unified
Government. The City Debt Service Fund debt payments total $22,892,561 and Sewer System debt
9
payments total $1,609,983. The monies for the debt budget are funded primarily from the individual City
and County Debt Service Funds. Other sources include user fee and lease income from the Sewer
System Debt Fund.
Unified Government of Wyandotte County/Kansas City, Kansas
Outstanding Debt
Governmental
Activities
2010
General obligation bonds
Tax Increment Financed GO Bonds
Board of Public Utility revenue bonds
Revolving loans
Accreted interest on bonds
Certificates of participation
Capital lease
Business-type
Activities
2009
2010
Total
2009
2010
2009
$190,977,490
$126,653,486
$39,734,634
$22,384,448
$230,712,124
$149,037,934
32,122,876
12,027,066
0
0
32,122,876
12,027,066
0
0
355,430,000
363,881,515
355,430,000
363,881,515
0
3,207,867
0
1,684,792
33,287,441
0
35,364,455
5,412,231
33,287,441
3,207,867
35,364,455
7,097,023
0
8,100,000
0
0
0
8,100,000
14,859,322
14,920,099
2,160,098
1,792,490
17,019,420
16,647,589
3,314,000
3,584,000
0
0
3,314,000
3,584,000
Sales tax obligation bonds*
85,317,108
54,352,319
0
0
85,317,108
54,352,319
Transportation district bonds
20,009,000
20,580,000
0
0
20,009,000
20,580,000
$349,807,663
$241,901,762
$430,612,173
$428,770,139
$780,419,836
$670,671,901
Section 108 loan
Total
*See note III.F.
Kansas State Statutes limit the amount of general obligation bonds a governmental entity may issue to
30 percent of the equalized assessed valuation. The limitation for debt, as of 12/31/10, for the Unified
Government is $364,789,315 and the legal debt margin is $171,773,121.
As of 12/31/10 the Unified Government had a rating of Aa3 from Moody’s Investor Service and AA from
Standard and Poor’s on all debt assumed from both the former City of Kansas City, Kansas and
Wyandotte County. During 2010, both Moody’s and Standard and Poor’s reaffirmed their favorable
rating of the Unified Government debt with stable outlooks. In February of 2011, Moody’s maintained
the Aa3 rating, but revised the outlook to negative. Standard and Poor’s has maintained the AA, stable
rating for the Unified Government in February of 2011.
Additional information on the Unified Government’s long-term debt can be found in note III.F.
10
General Fund Budgetary Highlights
The General Fund is the largest fund of the Unified Government, and it accounted for 79% percent of
all taxes collected, and 70% of all property tax revenues received. The General Fund’s major revenue
sources in 2010 were property taxes (30%), sales taxes (18%) and franchise taxes (21%). Actual
revenue collections for the general fund totaled $166.2 million, compared to the 2010 budgeted figure
of $166.9 million.
The General Fund’s original budgeted expenses were $170,204,727. The final amended budget was
$170,394,522, virtually unchanged from the original budget. Actual expenditures of $168,739,290 were
99.0 percent of budget. Significant variances between the amended budget and actual expenses were
due to unexpended reserves, increased costs to transport prisoners and inmate medical costs,
retirement incentive expense, vacancy savings and delays in completing capital projects.
Expenditures
Original
Budget
General government
$22,506,719
Public works
24,431,346
Public safety
95,135,446
Judicial
8,715,515
Planning and development
13,500,935
Parks and recreation
6,456,921
Other
(542,155)
Total Expenditures
$170,204,727
Amended
Budget
$ 22,567,196
23,879,732
96,408,416
8,696,698
13,261,780
6,383,808
(803,108)
$170,394,522
Increase/
(Decrease)
Actual
$ 60,477 $20,433,857
21,702,241
(551,614)
1,272,970 101,340,794
(18,817)
7,869,952
(239,155)
11,523,062
(73,113)
5,869,384
(260,953)
0
$ 189,795 $ 168,739,290
Difference
$( 2,133,339)
(2,177,491)
4,932,378
(826,746)
(1,738,718)
(514,424)
803,108
$ (1,655,232)
Additional Information
Additional Operating Data regarding the Unified Government may be found in the Official Statement
date 1//20/2011 printed in connection with the Unified Government’s General Obligation Bonds, Series
2011-A. The official statement can be found on the Municipal Securities Rulemaking Board’s EMMA
website, www.emma.msrb.org and the Unified Government will provide a copy of such official
statement to any person upon request.
Requests for Information
This financial report is designed to provide a general overview of the Unified Government’s finances for
those with interest in the government’s finances. Questions concerning any of the information provided
in this report or requests for additional financial information should be addressed to the Chief Financial
Officer, Unified Government of Wyandotte County/Kansas City, Kansas, 701 North 7th. Street, Kansas
City, Kansas 66101.
11
This page left intentionally blank
12
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
STATEMENT OF NET ASSETS
December 31, 2010
Governmental
Activities
ASSETS
Cash and temporary investments
Restricted cash and investments
Investments
Receivables (net of uncollectible amounts)
Taxes
Accounts
Notes
Interest
Due from other governments
Special assessments
Internal balances
Inventories
Prepayments and other current assets
Other assets
Restricted cash and investments
Investment in joint venture
Capital assets:
Land and construction in progress
Other capital assets, net of depreciation
Total Assets
$
72,511,438
50,563,218
-
$
85,287,479
4,103,318
10,975,621
1,205,915
481,506
894,245
(6,956,371)
-
$
8,906,307
26,392,547
17,553,784
Totals
$
81,417,745
76,955,765
17,553,784
4,502,889
230,421
626,561
35,855,908
108,565
213,155
6,956,371
32,335,848
1,191,398
10,887,317
41,536,012
-
85,914,040
39,959,226
10,975,621
1,205,915
590,071
1,107,400
32,335,848
1,191,398
15,390,206
41,536,012
230,421
101,933,959
451,476,776
777,210,414
46,481,690
763,677,908
992,723,371
148,415,649
1,215,154,684
1,769,933,785
7,085,533
4,088,218
5,541,679
2,401,777
21,899
6,310,000
52,195,500
76,210,429
-
17,839,159
7,321,371
7,075,613
3,536,345
1,986,811
31,434
5,881,819
24,924,692
11,409,589
12,617,292
5,938,122
21,899
6,310,000
52,195,500
1,986,811
76,241,863
5,881,819
22,756,951
430,581,203
607,193,189
20,754,359
431,070,843
495,497,754
43,511,310
861,652,046
1,102,690,943
255,635,959
420,099,070
675,735,029
50,980,822
2,642,603
23,503,122
497,225,617
58,747,849
2,642,603
672,709
1,957,720
4,711,643
(77,224,711)
667,242,842
-
LIABILITIES
Accounts and contracts payable
Accrued wages and expense
Accrued interest payable
Due to others
Due to other governments
Claims incurred but not reported
Temporary notes payable
Regulatory and other liabilities
Unearned revenue
Net pension obligation
Long-term liabilities:
Due within one year
Due in more than one year
Total Liabilities
NET ASSETS
Invested in capital assets, net of related debt
Restricted for:
Debt service
Revenue bond reserves
Capital projects
Federal/State assistance
Community services
Unrestricted (deficit)
Total net assets
Business-type
Activities
7,767,027
672,709
1,957,720
4,711,643
(100,727,833)
170,017,225 $
The notes to the financial statements are an integral part of this statement.
13
$
14
221,565,124
17,772,564
7,367,253
1
413 301
1,413,301
1,480,508
679,706
250,278,456
534,994,686
27,087,733
14,729,903
128,169,717
49,439,819
6,476,736
41,321,126
17,491,196
284,716,230
$
$
237,159,626
19,855,939
4,414,666
850
896
850,896
2,213,075
669,895
265,164,097
292,187,402
4,623,345
162,850
9,840,757
8,028,250
1,166,756
3,201,347
27,023,305
Charges for
Services
886,779
8,087,027
6,135,125
7,696,076
2,700,000
12,826,305
340,372
38,671,684
$ 38,671,684
$
$
$
300,888
566,162
867,050
2,963,637
1,446,928
649,659
2,096,587
Operating
Capital Grants
Grants and
and
Contributions Contributions
Program Revenues
General revenues:
Taxes:
Property taxes, general purpose
Sales taxes
Franchise taxes
Other taxes
Transient guest tax
Unrestricted investment earnings
Miscellaneous
Special item
Transfers
Total general revenues and transfers
Change in net assets
Net assets - beginning
Net assets - ending
$
$
Expenses
The notes to the financial statements are an integral part of this statement.
Business-type activities:
Electric and Water systems
Sewer System
EMS
Public Levee
Stormwater
Sunflower Hills Golf Course
Total business-type activities
Total primary government
Functions/Programs
Primary government:
Governmental Activities:
General government
Health and welfare
Public safety
Public works
Parks and recreation
Planning and development
Interest on long-term debt
Total governmental activities
For the Year Ended December 31, 2010
STATEMENT OF ACTIVITIES
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
$
$
$
86,298,207
52,252,785
35,854,199
3,114,724
678,869
3,580,620
6,678,702
10,959,260
5,358,938
204,776,304
(12,148,350)
182,165,575
170,017,225 $
$
3,738,538
467,604
680,696
(5,358,938)
(472,100)
15,280,591
481,945,026
497,225,617 $
15,895,390
2,649,537
(2,952,587)
(562
405)
(562,405)
732,567
(9,811)
15,752,691
15,752,691 $
Business-type
Activities
(216,924,654) $
(21,577,609)
(6,480,026)
(112,193,835)
(32,268,565)
(2,609,980)
(24,643,815)
(17,150,824)
(216,924,654)
Governmental
Activities
86,298,207
55,991,323
35,854,199
3,114,724
678,869
4,048,224
7,359,398
10,959,260
204,304,204
3,132,241
664,110,601
667,242,842
15,895,390
2,649,537
(2,952,587)
(562
405)
(562,405)
732,567
(9,811)
15,752,691
(201,171,963)
(21,577,609)
(6,480,026)
(112,193,835)
(32,268,565)
(2,609,980)
(24,643,815)
(17,150,824)
(216,924,654)
Total
Net (Expense) Revenue and Changes in Net Assets
Primary Government
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
BALANCE SHEET
GOVERNMENTAL FUNDS
December 31, 2010
Capital
Projects
General
ASSETS
Cash and temporary investments
Restricted cash and temporary investments
Receivables (net of uncollectible amounts)
Taxes:
Property taxes
Other taxes
Accounts
Notes
Interest
Special assessments
Due from other funds
Due from other governments
Total Assets
LIABILITIES AND FUND BALANCES
Liabilities:
Accounts and contracts payable
Accrued wages and other
Due to others
Due to other funds
Due to other governments
Deferred revenue
Temporary notes payable
Total Liabilities
Fund balances
Reserved for encumbrances
Reserved for alcohol diversion program
Unreserved
Undesignated
Undesignated, reported in nonmajor:
Special revenue funds
Debt service
Capital projects
Designated for restricted sales tax
Total Fund Balances
Total Liabilities and Fund Balances
$
2,516,273
1,495,148
53,008,030
7,573,194
3,576,178
17,470,371
648,953
428,075
3,461,826
294,000
90,472,048
$
$
2,506,111
3,646,082
1,626,618
141,151
2,853
70,899,873
78,822,688
$
$
$
$
48,994,577
27,316,022
403,822
198,346
76,912,767
1,912,875
56,665
7,097,650
52,195,500
61,262,690
Totals
Other
Governmental
$
$
$
2010
16,669,119
12,554,680
$
68,179,969
41,365,850
23,362,058
940,375
459,476
535
18,244
466,170
191,627
187,506
54,849,790
76,370,088
8,917,391
4,035,654
17,470,906
865,543
894,245
3,653,453
481,506
$ 222,234,605
2,323,812
442,136
631,607
1,927,301
19,046
23,659,344
29,003,246
$
6,742,798
4,088,218
2,314,890
9,166,102
21,899
94,559,217
52,195,500
169,088,624
1,741,912
-
10,385,410
-
6,539,893
359,402
18,667,215
359,402
9,899,484
5,264,667
-
15,164,151
7,964
11,649,360
90,472,048
15,650,077
76,912,767
3,112,038
15,830,660
4,551
25,846,544
54,849,790
3,112,038
15,830,660
4,551
7,964
53,145,981
$ 222,234,605
The notes to the financial statements are an integral part of this statement.
15
$
$
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
Reconciliation of the Balance Sheet of Governmental Funds
to the Statement of Net Assets
December 31, 2010
Amounts reported for governmental activities in the statement of net assets are different because:
Total fund balance - governmental funds
$53,145,981
Capital assets used in governmental activities are not financial resources and,
therefore, are not reported in the funds.
Cost
$825,886,192
Accumulated depreciation
(272,475,457)
An investment in a joint venture is not considered a financial resource and is
therefore, not reported in the funds.
553,410,735
230,421
Long-term liabilities, including bonds payable, are not due and payable in the
current period and therefore are not reported as liabilities in the funds.
General obligation bonds payable
Sales tax obligation bonds payable
Transportation development bonds
Arbitrage payable on the bonds
Premium on bonds payable
Discount on bonds payable
Deferred refunding
Accrued interest payable on the bonds
Section 108 loan
Capital lease
Accreted interest
Compensated absences
Claims and judgments
OPEB liability
Landfill closure / postclosure care
Unfunded pension obligation
223,100,366
85,317,108
20,009,000
183,514
6,242,037
(669,189)
(150,661)
5,541,679
3,314,000
14,859,322
3,207,867
39,389,045
1,675,000
55,355,592
1,200,000
305,153
(458,879,833)
Cost of issuance resulting from bond issues are considered expenditures in the
funds but are recognized as assets in the government-wide statements.
4,502,889
Interest subsidy from the Federal government is not considered available to
liquidate liailities of the current period, and is therefore deferred in the funds.
However, the interest is properly recognized as a revenue in the government-wide
statements.
340,372
Note Receivable from the Wizards project is not considered available to liquidate
liabilities of the current period, and is therefore deferred in the funds. However,
the note is properly recognized as a revenue in the government-wide statements.
10,959,260
Special assessments are not considered available to liquidate liabilities of the
current period, and are therefore deferred in the funds. However, they are
properly recognized as revenue in the government-wide statements as soon as
the related improvement has been completed.
894,245
Internal Service Funds are used by management to charge the costs of certain
activities, such as insurance, to the individual funds. The assets and liabilities of
certain internal service funds are included in governmental activities in the
statement of net assets.
5,413,155
Total net assets - governmental activities
$170,017,225
The notes to the financial statements are an integral part of this statement.
16
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
For the Year Ended December 31, 2010
Capital
Projects
General
REVENUES
Taxes
Intergovernmental
Licenses, permits and fees
Charges for services
Fines, forfeitures and penalties
Interest income
Miscellaneous
TOTAL REVENUES
$ 127,637,863
6,265,956
2,281,850
13,431,857
6,059,891
1,982,247
4,671,875
162,331,539
EXPENDITURES
Current:
General government
Public works
Public safety
Judicial
Health and welfare
Planning and development
Parks and recreation
Capital outlays
Debt service
Principal
Interest
Other
TOTAL EXPENDITURES
$
3,387,465
5,377
419,232
2,118,912
5,930,986
Other
Governmental
$
Totals
2010
48,624,964
28,881,382
79,655
1,642,468
1,404,993
295,882
2,598,957
83,528,301
$ 179,650,292
35,152,715
2,361,505
15,074,325
7,464,884
2,697,361
9,389,744
251,790,826
19,944,795
19,950,801
100,502,749
7,789,421
1,434,431
10,585,665
5,868,895
2,909,129
6,253,584
52,708,630
3,612,378
8,060,569
4,078,524
2,951,364
12,670,231
7,881,761
191,300
5,640,910
23,557,173
34,264,954
104,581,273
10,740,785
14,104,662
18,467,426
6,060,195
61,258,669
1,087,535
289,688
170,363,109
6,999,894
1,355,641
324,313
67,642,062
28,546,610
10,639,224
656,056
84,928,927
36,634,039
12,284,553
980,369
322,934,098
OTHER FINANCING SOURCES (USES)
Transfers in
Transfers out
Issuance of bonds
Issuance of refunding bonds
Premium from issuance of bonds
Discount from issuance of bonds
Proceeds from sale of capital assets
Issuance of capital lease
Payments on refunded bonds
TOTAL OTHER FINANCING SOURCES (USES)
3,272,874
(1,051,152)
714,789
578,956
3,515,467
11,455,285
(8,597,462)
140,635,339
24,325
4,216,368
(177,896)
1,732,570
149,288,529
9,704,373
(1,644,195)
8,150,675
(8,105,000)
8,105,853
24,432,532
(11,292,809)
140,635,339
8,175,000
4,216,368
(177,896)
714,789
2,311,526
(8,105,000)
160,909,849
NET CHANGE IN FUND BALANCE
(4,516,103)
87,577,453
6,705,227
89,766,577
FUND BALANCES (DEFICITS)
Beginning of year
End of year
$
16,165,463
11,649,360
The notes to the financial statements are an integral part of this statement.
17
$
(71,927,376)
15,650,077 $
19,141,317
25,846,544
$
(36,620,596)
53,145,981
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities
For the Year Ended December 31, 2010
Amounts reported for governmental activities in the statement of activities are different because:
Net change in fund balances - total governmental funds
$89,766,577
Governmental funds report capital asset acquisition as expenditures. However, in the statement of activities, the cost of
assets capitalized is allocated over their estimated useful lives and reported as depreciation expense. This is the amount
by which capitalized assets exceeded depreciation in the current period.
Depreciation expense
Capitalized assets acquired
($19,354,995)
34,130,665
In the statement of activities, the gain or loss from the sale of capital assets is reported, whereas in the governmental
funds, only proceeds from the sale increase financial resources. Thus, the change in net assets differs from the change in
fund balances by the cost of capital assets sold.
14,775,670
393,378
In the statement of activities, transfers of capital assets from governmental activities to business type activities are
reported as transfers, whereas in the governmental funds, there is no event to report as there is no outward flow of current
financial resources.
(2,731,600)
Bond and capital lease proceeds and premiums / discounts provide or use current financial resources to governmental
funds, but issuing debt increases long-term liabilities in the statement of net assets.
General obligation bonds
Sales tax obligation bonds
Capital leases
Premium
Discount
Repayment of bond principal is an expenditure in the governmental funds, but the repayment reduces long-term liabilities
in the statement of net assets
General obligation bonds
Section 108 loan
Sales tax obligation bonds
Transportation development bonds
Certificates of participation
Capital leases
In the statement of activities, interest is accrued on outstanding bonds, whereas in governmental funds, an interest
expenditure is reported when due.
The amortization of bond premiums, discounts and deferred refundings affects long-term assets and liabilities on the
statement of net assets, but does not provide or use current financial resources to governmental funds.
In the statement of activities, certain expenditures are measured by the amounts incurred during the year. In the
governmental funds, however, expenditures are measured by the amount of financial resources used (essentially, the
amounts actually paid).
Compensated absences earned that exceeded amounts paid
Pension obligations earned in excess of the benefits paid
Arbitrage liability claims owed but not paid
Claims and judgements incurred that exceeded amounts paid
Landfill closure / postclosure care obligations paid
Other postemployment benefits earned
Termination benefits paid
(99,729,388)
(49,080,951)
(2,311,526)
(4,216,368)
177,896
(155,160,337)
15,309,574
270,000
18,116,162
571,000
8,100,000
2,372,303
44,739,039
(2,600,871)
617,246
(1,562,586)
(14,508)
(183,514)
(715,000)
140,000
(14,535,425)
3,240,600
The change in the government's equity interest in its joint venture is reported only in the statement of activities since there
is no corresponding change to current financial resources.
(340,855)
Internal service funds are used by management to charge the costs of certain activities, such as insurance, to individual
funds. The net revenue (expense) of certain internal service funds is reported with governmental activities.
(161,185)
Special assessments are not considered available to liquidate liabilities of the current period, and are therefore deferred in
the funds. However, they are properly recognized as revenue in the statement of net assets as soon as the related
improvement has been completed.
397,839
Interest subsidy from the Federal governement is not consideredavailable to liquidate liabilities of the current pierod, and
are threfore deferred in the funds. However, the interest is properly recognized as a revenue in the statement of activities.
340,372
Note receivable from the Wizards project is not considered available to liquidate liabilities of the current period, and are
therefore deferred in the funds. However, the note is properly recognized as revenue in the statement of net assets.
10,959,260
Cost of issuance resulting from bond issues are considered expenditures in the funds but are recognized as assets in the
government-wide statements.
2,010,625
In the statement of activities, interest is accreted on outstanding bonds, whereas in governmental funds, interest is
accreted when interest payments are due.
Change in net assets of governmental activities
(1,523,075)
($12,148,350)
The notes to the financial statements are an integral part of this statement.
18
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
GENERAL FUND
For the Year Ended December 31, 2010
REVENUES
Taxes
Intergovernmental revenue
Charges for services
Fines, forfeitures and penalties
Interest income
Licenses, permits and fees
Miscellaneous revenue
$
TOTAL REVENUES
EXPENDITURES AND ENCUMBRANCES
General government
Public works
Public safety
Judicial
Planning and development
Parks and recreation
Actual
Amounts
133,032,780 $
5,994,400
12,989,700
6,024,000
2,601,500
2,240,000
2,607,297
126,686,860 $
7,123,810
13,742,600
6,032,100
1,883,700
2,151,400
5,560,838
127,157,931 $
6,265,956
13,330,018
6,059,891
2,200,322
2,281,850
4,742,042
165,489,677
163,181,308
162,038,010
(1,143,298)
22,506,720
24,431,346
95,135,446
8,715,515
13,500,935
6,456,921
22,567,196
23,879,732
96,408,416
8,696,698
13,261,780
6,383,808
20,433,857
21,702,241
101,340,794
7,869,952
11,523,062
5,869,384
2,133,339
2,177,491
(4,932,378)
826,746
1,738,718
514,424
-
(803,108)
Other
(542,155)
TOTAL EXPENDITURES AND ENCUMBRANCES
(803,108)
471,071
(857,854)
(412,582)
27,791
316,622
130,450
(818,796)
170,204,728
170,394,522
168,739,290
2,856,000
1,000,000
3,856,000
3,272,874
418,404
3,691,278
3,408,302
(52,181)
714,789
4,070,910
135,428
(52,181)
296,385
379,632
(3,521,936)
(2,630,370)
891,566
OTHER FINANCING SOURCES (USES)
Transfers In
Transfers out
Proceeds from sale of assets
TOTAL OTHER FINANCING SOURCES (USES)
(859,051)
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginnning of year
End of year
Variance with
Final Budget Positive
(Negative)
Budgeted Amounts
Final
Original
Amended
4,514,806
3,655,755
$
The notes to the financial statements are an integral part of this statement.
19
$
4,514,806
992,870
$
4,514,806
1,884,436
1,655,232
$
891,566
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
STATEMENT OF NET ASSETS
PROPRIETARY FUNDS
December 31, 2010
Sewer
System
ASSETS
Current Assets:
Cash and temporary investments
Restricted cash and temporary investments
Investments
Receivables (net of uncollectible amounts)
Accounts and other receivables
Due from other funds
Inventories
Prepayments and other current assets
Total current assets
$
Business-type Activities - Enterprise Funds
Totals
Board of
Nonmajor
Public Utilities
Business-type
2010
454,172
8,073,878
-
$
6,525,943 $
18,265,606
17,553,784
1,926,192
53,063
-
$
Governmental
Activities Internal Service
8,906,307 $
26,392,547
17,553,784
4,331,469
9,197,368
67,664
13,596,501
3,232,755
7,096,841
18,857,646
31,270,997
32,335,848
1,191,398
107,143,576
2,098,717
5,824
4,083,796
36,602,469
7,102,665
32,335,848
1,191,398
130,085,018
247,474,975
(142,294,379)
17,309,951
201,720
41,536,012
1,283,384,053
(630,354,194)
25,514,236
10,887,317
16,431,853
(8,983,265)
1,676,368
-
41,536,012
1,547,290,881
(781,631,838)
44,500,555
11,089,037
122,692,267
141,549,913
730,967,424
838,111,000
9,124,956
13,208,752
862,784,647
992,869,665
13,596,501
362,494
148,038
983,591
60,836
89,943
11,434
86,740
2,586,364
4,329,440
17,196,993
7,004,077
5,936,848
3,345,722
1,986,811
1,960,000
15,299,337
52,729,788
279,672
169,256
155,174
129,787
56,351
20,000
95,058
726,860
1,632,158
17,839,159
7,321,371
7,075,613
3,536,345
146,294
1,986,811
31,434
2,141,798
18,612,561
58,691,386
342,737
84,234
1,446,375
6,310,000
8,183,346
Long-term liabilities:
Revenue bonds payable, less current maturities
General obligation bonds payable
Compensated absences payable
11,179,186
32,640,135
1,207,023
365,904,165
3,972,000
5,756,862
1,322,778
377,083,351
38,396,997
6,501,801
-
Capital leases payable
Regulatory liabilities
Net pension obligation
OPEB Liability
Total long-term liabilities
TOTAL LIABILITIES
631,326
2,978,001
48,635,671
52,965,111
74,989
5,881,819
2,799,867
378,632,840
431,362,628
576,367
2,028,144
9,684,151
11,316,309
1,282,682
5,881,819
7,806,012
436,952,662
495,644,048
8,183,346
86,207,661
2,642,603
(265,462)
88,584,802 $
331,826,542
50,980,822
23,941,008
406,748,372 $
420,099,070
50,980,822
2,642,603
23,503,122
497,225,617 $
5,413,155
5,413,155
Noncurrent Assets:
Restricted cash and investments
Capital assets
Accumulated depreciation
Construction in progress
Other assets (net of amortization)
Total noncurrent assets
TOTAL ASSETS
LIABILITIES
Current liabilities:
Accounts and contracts payable
Accrued wages and expenses
Accrued interest payable
Due to others
Due to other funds
Regulatory and other liabilities
Claims incurred but not reported
Unearned revenue
Compensated absences payable
Current maturities of long-term debt
Total current liabilities
-
NET ASSETS
Invested in capital assets, net of related debt
Restricted for debt service
Restricted for revenue bond reserves
Unrestricted
TOTAL NET ASSETS
$
The notes to the financial statements are an integral part of this statement.
20
2,064,867
(172,424)
1,892,443 $
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND NET ASSETS
PROPRIETARY FUNDS
For the Year Ended December 31, 2010
Business-type Activities - Enterprise Funds
NonMajor
System
BPU
Business-type
Sewer
Totals
2010
Governmental
Activities Internal Service
OPERATING REVENUES
Charges for service
Fines/forfeits/fees
Earned lease income
Permits and licenses
Miscellaneous revenues
Payment-in-lieu of taxes
TOTAL OPERATING REVENUES
OPERATING EXPENSES
$
Cost of sales and service
Depreciation and amortization
TOTAL OPERATING EXPENSES
Operating income (loss)
19,514,356 $
341,583
25,834
19,881,773
237,159,626 $
27,831,160
264,990,786
13,867,264
2,295,317
16,162,581
3,719,192
171,635,395
31,705,944
203,341,339
61,649,447
566,162
161,673
(1,609,983)
(882,148)
5,084,561 $
2,217,025
846,946
8,148,532
261,758,543 $
2,217,025
846,946
341,583
25,834
27,831,160
293,021,091
27,362,497
2,122,591
29,485,088
9,986,052
675,770
10,661,822
(2,513,290)
195,488,711
34,677,031
230,165,742
62,855,349
29,650,860
29,650,860
(165,772)
(27,831,160)
262,206
(18,223,785)
654,862
3,738,538
43,725
(278,946)
-
4,304,700
(27,831,160)
467,604
(20,112,714)
654,862
4,587
-
(45,137,877)
3,503,317
(42,516,708)
4,587
NON-OPERATING REVENUES (EXPENSES)
Tax revenue
Payment-in-lieu of taxes
Interest earnings
Interest expense
Other
TOTAL NON-OPERATING
REVENUES (EXPENSES)
Income (loss) before contributions
and transfers
Capital Contributions-local government
Transfer in
Transfer out
Contributions from developers and others
Change in net assets
TOTAL NET ASSETS
Beginning of year
End of year
2,837,044
16,511,570
5,890,429
300,888
16,812,458
(9,547,711)
(820,238)
$
89,405,040
88,584,802 $
389,935,914
406,748,372 $
The notes to the financial statements are an integral part of this statement.
21
990,027
1,890,356
646,814
(4,238,826)
(711,629)
2,604,072
1,892,443
$
20,338,641
(161,185)
7,780,785
646,814
(13,786,537)
300,888
15,280,591
(161,185)
481,945,026
497,225,617 $
5,574,340
5,413,155
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS
continued
For the Year Ended December 31, 2010
Sewer
System
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers
Payments to suppliers
Payments to employees
NET CASH FLOW FROM OPERATING
ACTIVITIES
Business-type Activities - Enterprise Funds
Totals
NonMajor
BPU
Business-type
2010
$ 19,604,759 $ 241,869,897 $
(7,867,439)
(109,171,636)
(7,025,990)
(53,929,096)
CASH FLOW FROM NON-CAPITAL
FINANCING ACTIVITIES
Receipts from taxes
Transfers out
Transfers in
Payment -in-lieu of taxes
NET CASH FLOW FROM NON-CAPITAL
FINANCING ACTIVITIES
4,711,330
78,769,165
(9,547,709)
-
(27,332,887)
(9,547,709)
(27,332,887)
(2,231,459)
(1,242,828)
9,983,982
(677,100)
(68,102)
160,618
-
(41,676,637)
Governmental
Activities Internal Service
8,040,866 $ 269,515,522 $
(2,847,548)
(119,886,623)
(6,065,942)
(67,021,028)
(872,624)
82,607,871
3,669,075
(4,238,826)
646,814
-
29,485,886
(28,729,544)
756,342
3,669,075
(13,786,535)
646,814
(27,332,887)
-
(36,803,533)
-
(25,531,709)
33,502,011
(17,970,666)
(282,090)
(834,158)
(88,162)
(306,993)
(215,000)
(229,293)
1,632,588
(169,662)
(419,041)
-
(44,123,096)
(27,003,830)
45,118,581
(18,817,428)
(769,233)
(834,158)
(88,162)
160,618
(306,993)
-
5,925,111
(53,188,404)
599,592
(46,663,701)
-
107,051
-
262,205
(96,210,526)
25,833
-
395,089
(96,210,526)
4,587
-
77,063
CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES
Principal paid on bonds
Proceeds from capital lease
Interest paid on bonds and capital leases
Proceeds from bonds
Acquisition of capital assets
Payments on capital leases
Acquisition of intangible assets
Accounts payable related to capital activities
Special assessment taxes
Increase in debt issuance costs
NET CASH FLOW FROM CAPITAL
RELATED FINANCING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Interest on investments
Purchases of investments
Proceeds from maturity or
sale of investments
NET CASH FLOW FROM
INVESTING ACTIVITIES
-
NET INCREASE (DECREASE) IN
CASH AND INVESTMENTS
78,360,691
-
78,360,691
-
107,051
(17,587,630)
25,833
(17,454,746)
4,587
1,195,783
(19,339,756)
(170,136)
(18,314,109)
760,929
CASH AND CASH EQUIVALENTS
Beginning of year
End of year
$
7,332,267
8,528,050
$
35,958,444
16,618,688 $
2,149,391
1,979,255
$
45,440,102
27,125,993 $
12,767,908
13,528,837
Cash and temporary investments
$
454,172
$
10,092,745 $
1,926,192
$
12,473,109 $
4,331,469
$
8,073,878
8,528,050
$
6,525,943
16,618,688 $
53,063
1,979,255
$
14,652,884
27,125,993 $
9,197,368
13,528,837
Cash and cash equivalents,reported as restricted cash
The notes to the financial statements are an integral part of this statement.
22
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS - continued
For the Year Ended December 31, 2010
Sewer
System
RECONCILIATION OF OPERATING INCOME TO
CASH FLOWS FROM OPERATING ACTIVITIES
Operating Income
Adjustments to reconcile operating income
to cash flow from operating activities
Depreciation and amortization
Changes in assets and liabilities
Accounts receivable
Inventories and prepaid assets
Accrued wages and expenses
Accounts payable
Accrued vacation and sick pay
Claims incurred but not reported
Due to others
Due to / from other funds
Unearned revenue
OPEB liability
Pension obligation
Other non-current assets
NET CASH FROM OPERATING ACTIVITIES
SUPPLEMENTAL DISCLOSURE OF NONCASH
CAPITAL AND RELATED FINANCING ACTIVITIES
Capital contributions-local government
Property, plant and equipment acquired
with capital leases
$
Business-type Activities - Enterprise Funds
Totals
Nonmajor
BPU
Business-type
2010
3,719,192
$
61,649,447 $
Governmental
Activities Internal Service
(2,513,290) $ 62,855,349 $
2,295,317
31,705,945
675,770
34,677,032
(277,014)
(101,050)
(14,253)
(63,967)
(1,591,770)
744,875
-
(2,512,665)
828,813
(520,449)
1,749,161
658,940
(17,807,328)
1,310,424
(107,666)
(70,056)
65,556
484,424
30,245
(80,712)
643,105
-
(2,897,345)
828,813
(691,555)
1,800,464
420,457
689,185
(1,672,482)
(17,807,328)
1,387,980
1,310,424
(165,772)
798
(20,701)
482,000
460,017
-
$
4,711,330
$
1,706,877
78,769,165 $
$
5,890,429
$
300,888
$
1,890,356
$
8,081,673
$
-
$
569,191
$
-
$
632,649
$
1,201,840
$
-
The notes to the financial statements are an integral part of this statement.
23
1,706,877
(872,624) $ 82,607,871 $
756,342
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
STATEMENT OF FIDUCIARY NET ASSETS
FIDUCIARY FUNDS
December 31, 2010
Agency
Funds
ASSETS
Cash and investments
Accounts receivable
Due from other funds
TOTAL ASSETS
$106,125,845
240,866
2,653
$106,369,364
LIABILITIES
Accounts payable
Due to others
Due to other governments
TOTAL LIABILITIES
$952,023
465,237
104,952,104
$106,369,364
The notes to the financial statements are an integral part of this statement.
24
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 2010
INDEX
I. Page
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES --------------------------------------------------- 27 A. REPORTING ENTITY ------------------------------------------------------------------------------------------------- 27 B. GOVERNMENT-WIDE AND FUND FINANCIAL STATEMENTS ---------------------------------------------------- 27 C. MEASUREMENT FOCUS, BASIS OF ACCOUNTING AND FINANCIAL STATEMENT PRESENTATION -------- 27 D. ASSETS, LIABILITIES AND NET ASSETS OR EQUITY ------------------------------------------------------------- 29 1. Deposits and investments ---------------------------------------------------------------------------------- 29 2. Receivables and payables --------------------------------------------------------------------------------- 30 3. Inventories and prepaid Items ---------------------------------------------------------------------------- 31 4. Restricted assets --------------------------------------------------------------------------------------------- 31 5. Capital assets ------------------------------------------------------------------------------------------------- 31 6. Compensated absences ------------------------------------------------------------------------------------ 32 7. Long-term obligations --------------------------------------------------------------------------------------- 32 8. Fund equity ---------------------------------------------------------------------------------------------------- 33 9. Payment-in-lieu of taxes (PILOT) ------------------------------------------------------------------------ 33 10. Pending Governmental Accounting Standards Board statements ------------------------------- 33 II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY ------------------------------------------------- 34 A. BUDGETARY INFORMATION ---------------------------------------------------------------------------------------- 34 B. BUDGET/GAAP RECONCILIATION -------------------------------------------------------------------------------- 35 C. DEFICIT FUND EQUITY----------------------------------------------------------------------------------------------- 36 III. DETAILED NOTES ON ALL FUNDS------------------------------------------------------------------------------- 36 A. DEPOSITS AND INVESTMENTS ------------------------------------------------------------------------------------- 36
B. CAPITAL ASSETS‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ 40 C. INTERFUND RECEIVABLES AND PAYABLES AND TRANSFERS ------------------------------------------------- 42 D. LEASES ---------------------------------------------------------------------------------------------------------------- 43 E. TEMPORARY NOTES ------------------------------------------------------------------------------------------------ 44 F. LONG-TERM DEBT --------------------------------------------------------------------------------------------------- 45 G. NON-OBLIGATORY DEBT ------------------------------------------------------------------------------------------- 52 51
H. LANDFILL CLOSURE AND POSTCLOSURE CARE ---------------------------------------------------------------- 52
I. TERMINATION BENEFITS-------------------------------------------------------------------------------------------- 52
J. RESTRICTED ASSETS ----------------------------------------------------------------------------------------------- 52 IV. OTHER INFORMATION ----------------------------------------------------------------------------------------------- 53 A. RISK MANAGEMENT ------------------------------------------------------------------------------------------------- 53 25
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 2010
INDEX
Page
B. COMMITMENTS AND CONTINGENT LIABILITIES ----------------------------------------------------------------- 54
C. MULIT-SPORT STADIUM & OFFICE CAMPUS PROJECTS -------------------------------------------------------- 55
D. JOINTLY GOVERNED ORGANIZATION ----------------------------------------------------------------------------- 56
E. EMPLOYEE RETIREMENT SYSTEMS AND PENSION PLANS----------------------------------------------------- 57 F. OTHER POSTEMPLOYMENT BENEFITS OTHER THAN PENSIONS -------------------------------------------- 60 G. ECONOMIC CONTIDION --------------------------------------------------------------------------------------------- 64 H. SUBSEQUENT EVENTS ---------------------------------------------------------------------------------------------- 65 26
I. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A. Reporting entity
The Unified Government of Wyandotte County/Kansas City, Kansas (the Unified Government) is
organized under the laws of the State of Kansas and is governed by an elected eleven-member board.
The Unified Government was created October 1, 1997, based on a citizen vote to consolidate the
operations of the City of Kansas City, Kansas and Wyandotte County. As of December 31, 2009, there
were no component units for which the Unified Government is considered to be financially accountable.
Under Charter Ordinance of the Unified Government of Wyandotte County, Kansas City, Kansas
(the Unified Government), pursuant to the Unified Government’s constitutional home rule, the BPU is
an administrative agency of the Unified Government and, as such, is a part of the Unified Government’s
primary government. However, the BPU’s operational and administrative control is under a six-member
elected board of directors (the Board).
B. Government-wide and fund financial statements
The government-wide financial statements (i.e., the statement of net assets and the statement of
activities) report information on all of the nonfiduciary activities of the primary government. For the
most part, the effect of interfund activity has been removed from these statements. Governmental
activities, which normally are supported by taxes and intergovernmental revenues, are reported
separately from business-type activities, which rely to a significant extent on fees and charges for
support. Likewise, the primary government is reported separately from certain legally separate
component units for which the primary government is financially accountable.
The statement of activities demonstrates the degree to which the direct expenses of a given function or
segment are offset by program revenues. Direct expenses are those that are clearly identifiable with a
specific function or segment. Program revenues include: charges to customers or applicants who
purchase, use or directly benefit from goods, services, or privileges provided by a given function or
segment; and grants and contributions that are restricted to meeting the operational or capital
requirements of a particular function or segment. Taxes and other items not properly included among
program revenues are reported instead as general revenues.
Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary
funds, even though the latter are excluded from the government-wide financial statements. Major
individual governmental funds and major individual enterprise funds are reported as separate columns
in the fund financial statements.
C. Measurement focus, basis of accounting and financial statement presentation
The government-wide financial statements are reported using the economic resources measurement
focus and the accrual basis of accounting, as are the proprietary funds and fiduciary funds financial
statements, except for agency funds, which have no measurement focus. Revenues are recorded
when earned and expenses are recorded when a liability is incurred, regardless of the timing of related
cash flows. Property taxes are recognized as revenues in the year for which they are levied. Grants
and similar items are recognized as revenue as soon as all eligibility requirements imposed by the
provider have been met.
Governmental fund financial statements are reported using the current financial resources
measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon
as they are both measurable and available. Revenues are considered to be available when they are
collectible within the current period or soon enough therafter to pay liabilities of the current period. For
this purpose, the government considers revenues to be available if they are collected within 60 days of
27
the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as
under accrual accounting. However, debt service expenditures, as well as expenditures related to
compensated absences and claims and judgments, are recorded only when payment is due.
Franchise taxes, licenses, and interest associated with the current fiscal period are all considered to be
susceptible to accrual and thus have been recognized as revenue of the current fiscal period. Only the
portion of special assessments receivable due within the current fiscal period is considered to be
susceptible to accrual as revenue of the current period. All other revenue items are considered to be
measurable and available only when cash is received by the government.
Expenditure-driven grants are recognized as revenue when the qualifying expenditures have been
incurred and all other grant requirements have been met. Unrestricted aid is reported as revenue in the
fiscal year during which the entitlement is received.
The Unified Government reports the following major governmental funds:
The General Fund is the Unified Government's primary operating fund. It accounts for all financial
resources of the general government, except those required to be accounted for in another fund.
The Capital Projects Fund accounts for the acquisition of capital assets or construction of major capital
projects not being financed by proprietary funds.
The Unified Government reports the following major proprietary funds:
The Sewer System Fund provides financing for water pollution control and is responsible for day-to-day
and future operations, routing system maintenance and payment on revenue bonds.
The Board of Public Utilities (BPU) is an administrative agency of the Unified Government. The BPU
operates and maintains the water and electric utilities owned by the Unified Government.
Additionally, the Unified Government reports the following fund types:
The Internal Service Funds account for workers’ compensation reserves, health insurance reserves,
and cafeteria plan reserves that provide services to other departments on a cost-reimbursement basis.
The Agency Funds are custodial in nature and do not present results of operations or have a
measurement focus. Agency funds are accounted for using the accrual basis of accounting. These
funds are used to report resources held by the Unified Government in a custodial capacity for tax
collection and related disbursements to other governments, as well as amounts held in a fiduciary
capacity for remittance to individuals, private organizations, or other organizations.
Private-sector standards of accounting and financial reporting issued prior to December 1, 1989 are
followed in both the government-wide and proprietary fund financial statements to the extent that those
standards do not conflict with or contradict guidance of the Governmental Accounting Standards Board.
Governments also have the option of following subsequent private-sector guidance for their businesstype activities and enterprise funds, subject to this same limitation. The Unified Government, including
the BPU, has not elected to follow subsequent private – sector guidance.
As a general rule, the effect of interfund activity has been eliminated from the government-wide
financial statements. Exceptions to this general rule are payment-in-lieu of taxes and other charges
between the government’s enterprise funds and various other functions of the government. Elimination
of these charges would distort the direct costs and program revenues reported for the various functions
concerned.
28
Amounts reported as program revenues include: charges to customers or applicants for goods,
services, or privileges provided; operating grants and contributions; and capital grants and
contributions, including special assessments. Internally dedicated resources are reported as general
revenues rather than as program revenues. Likewise, general revenues include all taxes.
Proprietary funds distinguish operating revenues and expenses from non-operating items. Operating
revenues and expenses generally result from providing services and producing and delivering goods in
connection with a proprietary fund’s principal ongoing operations. Operating expenses for enterprise
funds and internal service funds include the cost of sales and services administrative expenses, and
depreciation on capital assets. All revenues and expenses not meeting this definition are reported as
non-operating revenues and expenses.
Estimates. The preparation of financial statements in conformity with accounting principles generally
accepted in the United States of America require management to make estimates and assumptions that
affect the reported amounts of certain assets, liabilities, revenues, expenditures, expenses and other
disclosures. Accordingly, actual results could differ from those estimates.
D. Assets, liabilities and net assets or equity
1.
Deposits and investments
The Unified Government maintains a cash and investment pool that is available for use by all funds
except the BPU. The pool has the general characteristics of demand deposit accounts, in that each
fund may deposit additional cash at any time and also, effectively, may withdraw cash at any time
without prior notice or penalty. The pooled cash is invested to the extent available in authorized
investments. Each fund’s portion of the pool is displayed on their balance sheet as "Cash and
temporary investments." The balance sheet also includes two other accounts for restricted cash and
investments of the Unified Government. Restricted cash consists of assets held by trustees and
various reserves required by revenue bond ordinances. For purposes of the statements of cash flows,
the Unified Government considers all highly liquid investments with an original maturity of three months
or less to be cash equivalents.
State statutes authorize the Unified Government to invest in temporary notes of the Unified
Government, time deposits, United States Treasury notes, repurchase agreements, a municipal
investment pool established through the trust department of commercial banks which have offices in
Wyandotte County, and the Kansas Municipal Investment Pool. This pool is not an SEC registered
pool. The Pooled Money Investment Board (PMIB) provides the regulatory oversight for this pool. The
reported value of the pool is the same as the fair value of the pool shares. Investments are stated at
amortized cost which approximates fair value.
In addition to the preceding investments, state statutes authorize the Unified Government to invest
proceeds of bonds and temporary notes in direct U.S. government and agency obligations, time
deposits with banks located in Wyandotte County, FNMA, FHLB and FHLMC obligations, repurchase
agreements, investment agreements with financial institutions including broker/dealers whose
obligations are rated in one of the three highest rating categories by either Moody’s or Standard and
Poor’s, mutual funds whose portfolio consists entirely of obligations of the U.S. government, agencies,
FNMA, FHLB or FHLMC, and bonds issued by any municipality of the State of Kansas.
The Unified Government maintains compensating balances with its depository bank to offset charges
for check clearing and other services.
Interest income of the investment pool is allocated based on weekly fund balances to the debt service,
capital projects and enterprise funds with the balance allocated to the general fund.
29
Kansas statutes authorize the BPU, with certain restrictions, to invest in open accounts, time deposits,
certificates of deposit, and U.S. Treasury notes. All deposits with banks are collateralized at 102% of
market value as required by BPU’s Cash and Investment Policy and State Statute, less insured
amounts.
2.
Receivables and payables
Activity between funds that are representative of lending/borrowing arrangements outstanding at the
end of the fiscal year are referred to as either “due to/from other funds” (i.e., the current portion of
interfund loans) or “advances to/from other funds” (i.e., the non-current portion of interfund loans). All
other outstanding balances between funds are reported as “due to/from other funds.” Any residual
balances outstanding between the governmental activities and business-types activities are reported in
the government-wide financial statements as “internal balances.”
Property tax receivable. In accordance with State statutes, property taxes levied during the current
year are revenue sources to be used to finance the budget of the ensuing year. Taxes are assessed
on a calendar year basis and are levied and become a lien on the property on November 1 of each
year. The Unified Government Treasurer is the tax collection agent for all taxing entities within the
Unified Government. Property owners have the option of paying one-half or the full amount of the taxes
levied on or before December 20 during the year levied, with the balance to be paid on or before May
10 of the ensuing year. State statutes prohibit the Unified Government Treasurer from distributing
taxes collected in the year levied prior to January 1 of the ensuing year. Consequently, for revenue
recognition purposes, the taxes levied during the current year are not due and receivable until the
ensuing year. At December 31, such taxes are a lien on the property and are recorded as taxes
receivable, net of anticipated delinquencies, with a corresponding amount recorded as deferred
revenue. The property tax receivable allowance is equal to 8.09% percent of outstanding property
taxes at December 31, 2010.
Sales tax receivable. The Unified Government has a 2.63% local sales tax collected by the State and
remitted to the Unified Government monthly. One-quarter of one percent is pledged for EMS
operations, three-eights of one percent is pledged for public safety and public works projects, and the
remainder is pledged for operations. The accrued sales tax receivable represents the sales tax
collected by merchants at year-end.
Special assessments receivable. As required by State statutes, projects financed in part by special
assessments are financed through the issuance of general obligation bonds which are secured by the
full faith and credit of the Unified Government and are retired from the Unified Government bond and
interest fund. Further, State statutes permit levying additional general ad valorem property taxes in the
Unified Government bond and interest fund to finance delinquent special assessments receivable.
Consequently, special assessments receivable are accounted for within the Unified Government bond
and interest fund. Special assessment taxes are levied over a ten or fifteen year period, and the
annual installments are due and payable with annual ad valorem property taxes.
The Unified
Government may foreclose liens against property benefited by special assessments when delinquent
assessments are two years in arrears. At December 31, the special assessment taxes levied are a lien
on the property and are recorded as special assessments receivable in the bond and interest fund with
a corresponding amount recorded as deferred revenue.
BPU accounts receivable and revenue. The BPU utilizes cycle billing and accrues the amount of
revenues for sales unbilled at the end of each reporting period. An estimate is made for the provision
for uncollectible accounts based on an analysis of the aging of accounts receivable and historical writeoffs, net of recoveries. Additional amounts may be included based upon the credit risks of significant
parties. Allowances totaled $2,852,695 in fiscal year 2010.
30
3.
Inventories and prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as
prepaid items in both government-wide and fund financial statements. Inventories of governmental
funds are recorded as expenditures during the year of purchase. Inventories are valued at the lower of
average cost or market.
Inventories:
Fuel
Material and supplies
Total
4.
$
$
10,305,063
22,030,785
32,335,848
Restricted assets
Certain proceeds of the Unified Government’s enterprise fund revenue bonds, as well as certain
resources set aside for their repayment, are classified as restricted assets on the balance sheet
because they are maintained in separate bank accounts and their use is limited by applicable bond
covenants. The BPU also requires certain resources of the utility system to be classified as restricted
assets. The “debt service reserve” account is used to segregate resources accumulated for principal
and interest payments on bonds. The “construction reserve” account is used to report resources set
aside for acquiring, constructing and installing capital improvements. The “improvement and
emergency” account is used to report resources set aside to finance major renewals, repairs and
replacement and extraordinary or unforeseen expenditures.
5.
Capital assets
Capital assets, which include property, plant, equipment, and infrastructure assets (e.g., roads, bridges,
sidewalks, and similar items), are reported in the applicable governmental or business-type activities
columns in the government-wide financial statements. Capital assets are defined by the government as
assets with an initial individual cost of more than $5,000 and an estimated useful life in excess of one
year. Such assets are recorded at historical cost or estimated historical cost if purchased or
constructed. Donated capital assets are recorded at their estimated fair market value at the date of
donation.
The cost of normal maintenance and repairs that do not add to the value of the asset or materially
extend the life of the asset are not capitalized.
Major outlays for capital assets and improvements are capitalized as projects are constructed. Interest
incurred during the construction phase of capital assets of the Sewer System Fund is included as part
of the capitalized value of the asset constructed. For the BPU, interest costs incurred to finance
construction work-in-progress are also capitalized.
Property, plant and equipment of the primary government are depreciated using the straight-line
method over the following estimated useful lives:
Assets
Land Improvements
Machinery and equipment
Sewer lines
Street and bridge infrastructure
Structures and improvements
Treatment plants and other facilities
Other public domain infrastructure
Governmental
Activities
6 to 10 years
Sewer System
6 to 20 years
50 years
40 years
20 to 40 years
Public Levee
30 years
3 to 15 years
10 to 30 years
33 years
10 to 30 years
31
Sunflower Hills
Golf Course
5 years
30 to 40 years
Depreciation for the BPU is computed on a straight-line basis using the following composite rates:
Production plant
Transmission and distribution
General plant
1.67% to 4.00%
1.67% to 6.67%
2.27% to 10.0%
Capital assets are reviewed for impairment whenever events or changes in circumstances indicate that
the service utility of an asset has declined significantly and unexpectedly.
6.
Compensated absences
Unified Government of Wyandotte County/Kansas City, Kansas employees. The number of
vacation days awarded to a permanent, full-time employee is dependent upon the individual
employee's number of continuous years of service. The number of days of annual vacation range from
11 to 28 days for full-time regular employees, 15 to 30 days for command officers of the police and fire
departments, and 240 to 288 hours for fire officers on 24-hour shifts. Selected part-time employees
accrue one-half the number of hours accrued by full-time regular employees. Employees are not
eligible to use the earned time until one year of continuous service is completed. If certain conditions
are satisfied and if appropriate approval is received, an employee may carry over to the following year
earned and unused vacation time.
Permanent, full-time employees also earn and accumulate sick leave time at the rate of 10 hours for
each minimum month of service. Selected part-time employees accrue sick leave time at the rate of
one-half the full-time rate (5 hours) for each minimum month of service. Unused sick leave may be
carried over indefinitely. Payment of unused sick leave will be made upon separation of employment
based on a prorated formula. Based on attendance, employees may exchange up to five unused sick
days per year for current payment, depending upon the availability of funds.
In governmental fund financial statements, a liability is accrued when it has matured, for example, as a
result of employee resignations and retirements.
Proprietary fund types accrue vacation and sick pay as earned. The liabilities are based on current
salary costs and the vested portion of accumulated benefits.
BPU employees. Under the terms of the BPU’s personnel policy, employees are granted vacation and
sick leave in varying amounts. In the event of termination, an employee is paid for accumulated
vacation days. Employees may carry over a maximum of 80 hours of vacation hours for bargaining unit
employees and 120 hours for non-bargaining unit employees. Sick leave can be accrued up to 1,760
hours. Employees who resign with at least fifteen years of service are paid for 75 percent of
accumulated sick leave. All employees are paid for accumulated sick leave upon retirement or death.
The BPU accrues vacation and sick pay as earned. The liabilities are based on current salary costs
and the vested portion of accumulated benefits.
7.
Long-term obligations
In the government-wide financial statements, and proprietary fund types in the fund financial
statements, long-term obligations are reported as liabilities in the applicable governmental activities,
business-type activities, or proprietary fund type statement of net assets. Bond premiums and
discounts, as well as issuance costs, are deferred and amortized over the life of the bonds using the
effective interest method. Bonds payable are reported net of the applicable bond premium or discount.
In the fund financial statements, governmental fund types recognize bond premiums and discounts, as
well as bond issuance costs, during the current period. The face amount of debt issued is reported as
32
other financing sources while discounts on debt issuances are reported as other financing uses.
Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt
service expenditures.
8.
Fund equity
In the fund financial statements, governmental funds report reservations of fund balance for amounts
that are not available for appropriation or are legally restricted by outside parties for use for a specific
purpose. Designations of fund balance represent tentative management plans that are subject to
change.
Reservations of fund balance. The fund balances of the governmental fund types include the
following reservations, which represent amounts that are not appropriable or are legally segregated for
a specific purpose:
•
•
Reserved for encumbrances - used to segregate a portion of fund balance legally restricted for
the future payment of outstanding encumbrances.
Reserved for alcohol diversion - used to segregate a portion of fund balance legally restricted for
special alcohol programs.
Designations of fund balance. The fund balances of the governmental fund types include the
following designations, which represents tentative management plans that are subject to change:
•
9.
Designated for restricted sales taxes - used to segregate a portion of fund balance for local sales
tax pledged for capital improvements.
Payment-in-lieu of taxes (PILOT)
The BPU is exempt from federal and state income taxes and local property taxes because it is an
administrative agency of the Unified Government. However, the BPU is required by a Charter
Ordinance to pay a percentage of gross operating revenues to the Unified Government. The Charter
Ordinance established a range of 5.0 to 15.0%. Currently, the payment-in-lieu of taxes is established
at 12.8%, which amounted to approximately $27,831,160 during 2010. The PILOT is collected by the
BPU through incorporation in the rates as a supplemental rate rider. Effective January 1, 2011, the
PILOT will decrease to 11.9% of gross revenues.
In addition to these payments, the BPU also contributes free services to the Unified Government, such
as street lighting, fire hydrant services, traffic signals, and collection of sewer and trash charges.
These service contributions approximated $13,676,122 or 5.2% of the BPU’s total revenue for 2010.
10. Pending Governmental Accounting Standards Board statements
GASB Statement No. 54, “Fund Balance Reporting and Governmental Fund Type Definitions,” was
issued in February 2009. This statement establishes fund balance classifications that comprise a
hierarchy based primarily on the extent to which a government is bound to observe constraints imposed
upon the use of the resources reported in governmental funds. The objective is to enhance the
usefulness of fund balance information by providing clearer fund balance classifications that can be
more consistently applied and by clarifying the existing governmental fund type definitions. The
provisions of this statement are effective for the Unified Government’s year ending December 31, 2011.
GASB Statement No. 59, Financial Instruments Omnibus, was issued in June 2010. This statement is
intended to update and improve existing standards regarding financial reporting of certain financial
instruments and external investment pools. The provisions of this statement are effective for the Unified
Government’s fiscal year ending December 31, 2011.
33
GASB Statement No. 60, Accounting and Financial Reporting fro Service Comcession Arrangements,
was issued in November 2010. This statement is intended to improve financial reporting by addressing
issues related to service concession arrangements, which are a type of public-private partnership.
GASB 60 applies to those arrangements in which specific criteria determining whether a transferor (a
government) has control over the facility are met. The provision of this statement are effective for the
Unified Government’s year ending December 31, 2012.
GASB Statement No. 61, The Financial Reporting Entity: Omnibus, was issued in November 2010. This
Statement modifies certain requirements for inclusion of component units in the County’s financial
statements when the component unit was included based on the fiscal dependency requirement. The
new statement clarifies the manner in which a government’s management determines a component unit
should be included, even if the financial accountability criterion is not met. This Statement also amends
the criteria for reporting component units as if they were part of the primary government (that is,
blending) when the component unit is blended based on the “substantively in the same governing body”
criterion. New criteria also are added to require blending of component units whose total debt
outstanding is expected to be repaid entirely or almost entirely with resources of the primary
government. The provisions of this statement are effective for financial statements for the County’s
fiscal year ending December 31, 2013.
II. STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY
A. Budgetary information
State statutes require that an annual operating budget be legally adopted for the general fund, special
revenue funds, debt service funds and enterprise funds, (unless the fund is specifically exempted by
statute). Kansas statutes provide for the following sequence and timetable of the legal annual
operating budget:
•
Preparation of the budget for the succeeding calendar year on or before August 1st.
•
Publication in local newspaper of the proposed budget and notice of public hearing on the budget
on or before August 5th.
•
Public hearing on or before August 15th, but at least ten days after publication of notice of
hearing.
•
Adoption of the final budget on or before August 25th.
The Unified Government has the following levels of budget control:
•
The legal level of control is established at the fund level by State statutes, which also permits the
transfer of budgeted amounts from one object or purpose to another within the same fund.
•
The Unified Government further controls spending by requiring that no expenditures be committed
that would exceed the amount appropriated for the spending category (e.g., Personnel Services,
Contractual Services) without the department first obtaining approval.
•
As allowed by State statute, the governing body can increase the fund level expenditures by
amending the budget. An amendment may only be made for previously unbudgeted increases in
revenue other than ad valorem taxes. To do this, a notice of public hearing to amend the budget
must be published in the local newspaper. At least ten days after the publication, the hearing may
be held and the governing body may amend the budget at that time.
Budget comparison statements are presented for each budgeted fund showing the actual receipts and
expenditures compared to budgeted receipts and expenditures. Transfers to close funds can exceed
the amount budgeted for that object code. The Unified Government of Wyandotte County/Kansas City,
34
Kansas budget amounts presented in the statements that compare actual expenditures to the budget
are the amended amounts.
All legal operating budgets are prepared using the modified cash basis of accounting, modified further
by the encumbrance method of accounting. Revenues are recognized when cash is received.
Expenditures include disbursements, accounts payable and encumbrances. Encumbrances are
commitments for future payments and are supported by a document evidencing the commitment, such
as a purchase order or contract. All unencumbered appropriations (legal budget expenditure authority)
lapse at year-end, except for capital project funds appropriations that are carried forward until such time
as the project is completed or terminated. Encumbered appropriations are not reappropriated in the
ensuing year's budget but are carried forward until liquidated or canceled. Accordingly, the data
presented in the budgetary comparison statements differ from the data presented in the financial
statements prepared in accordance with accounting principles generally accepted in the United States
of America.
A legal operating budget is not required for the following Unified Government funds:
Capital Projects
Internal Service
Special Revenue:
Special Revenue:
Special Revenue:
Special Revenue:
Special Revenue:
Special Revenue:
Special Revenue:
Debt Service:
Agency Funds
AR&RA
Community Development
Enhanced Enterprise Loans
Parks
Special Grants
Special Law Enforcement
Solid Waste Fund
Economic Development
Controls over spending in the above non-budgeted funds, which are not subject to the legal budget
requirements, are maintained by the review and internal appropriation process established by
management.
B. Budget/GAAP Reconciliation
As described in Note II.A. above, the actual data presented in the budgetary comparison statements
differ from the data reported in accordance with GAAP. The following schedule presents the
reconciliation between the different bases of reporting for the general fund:
Revenue and other sources:
GAAP basis revenues
Revenue adjustments
Cancellation of prior year encumbrances
Budgetary basis revenue
General Fund
$166,898,158
(942,704)
205,647
$166,161,101
Expenditures and other uses:
GAAP basis expenditures
Expenditure adjustments
Change in reserve for encumbrances
Cancellation of prior year encumbrances
Budgetary basis expenditures
$171,414,261
(3,310,160)
481,834
205,536
$168,791,471
35
C. Deficit fund equity
At December 31, 2010, the Workers’ Compensation fund had a deficit of $6,151,478 which will be
recovered from future internal charges to the Unified Government’s other funds. The Community
Development fund and AR&RA fund had deficit fund balances of $790,989 and $1,078,015
respectively, which will be recovered from future intergovernmental revenues. The EMS fund had
deficit fund balances of $791,348 respectively, which will be recovered from future charges for services.
III. DETAILED NOTES ON ALL FUNDS
A.
Deposits and investments
The Unified Government (excluding the BPU) has adopted a formal Cash Management and Investment
Policy. Primary objectives of investment activities are, in order of priority, safety, diversification,
liquidity, maturity, and return on investment. The standard of care to be used by investment officials
shall be the “prudent person standard” and shall be applied in the context of managing an overall
portfolio. This rule states “Investments shall be made with judgment and care, under circumstances
then prevailing, which persons of prudence, discretion and intelligence would exercise in the
management of their own affairs, not for speculation, but for investment, considering the probable
safety of their capital as well as the probable income to be derived.”
The BPU maintains a cash and investment program to pay for operating and capital requirements as
well as for debt service requirements. The investment program is comprised of deposits, repurchase
agreements, certificates of deposit, and U.S. Treasury securities. Other investments using U.S.
Agency and money market fund securities for the debt service program are managed by the bond
trustee. Nearly all maturities of securities were less than one year. At December 31, 2010, the bank
balance and certificates of deposit were $250,737, which was covered by federal depository insurance
and collateral held in safekeeping in the BPU’s name.
The BPU has an investment policy that regulates investments in securities that have objectives of
safety of principal, liquidity with all investments in U.S. dollars, and investment returns optimized within
the constraints of safety and liquidity. Eligible securities are specific to Kansas State Statutes and the
BPU’s bond indenture agreements.
All securities owned by BPU are in conformance with the
investment policy.
Custodial Credit Risk. Custodial credit risk is the risk that in the event of a bank failure or failure of the
investment counter-party, the Unified Government’s deposits may not be returned to it, or it will not be
able to recover the value of its investments or collateral securities that are in the possession of an
outside party. The Unified Government requires that deposits be fully collateralized at all times.
Acceptable collateral for deposits follows the provisions of state law. Peak period collateral
agreements are not permitted under the Unified Government’s policy. As of December 31, 2010, the
market value of assets pledged to the Unified Government as collateral exceeded amounts on deposit.
The Unified Government requires all security purchases be settled on a delivery versus payment basis
with an independent third-party custodian designated by the Unified Government. As of December 31,
2010, the Unified Government had $26,038,850 of investments in U.S. government agency securities
which were held by the investment’s counterparty.
The BPU believes it has no custodial risk. All deposits with banks are collateralized at 102% of market
value, as required by the BPU’s cash and investment policy and Kansas state statute, less insured
amounts. All securities are registered in the name of the BPU and held by a third-party safekeeping
agent. Investments in money market mutal funds are not exposed to custodial risk because their
existence is not evidenced by securities that exist in physical or book entry form.
36
Interest Rate Risk. Interest rate risk is the risk that the market rate value of securities in the portfolio
will fall due to changes in general interest rates. Through its investment policy, the Unified Government
manages this risk by structuring investments so that securities mature to meet cash flows of the
general operating fund, and by investing general operating funds primarily in shorter-term securities.
Additionally, the investment policy limits investments to a maximum stated maturity of four years.
The BPU minimizes the risk of market value changes by structuring the investment portfolio so that
fixed income securities mature to meet cash requirements for debt service and other disbursement
requirements for ongoing operations and by keeping maturities short.
Credit Risk. Credit risk is the risk that the issuer or other counterparty to an investment will not fulfill its
obligations. Kansas law limits the types of investments that can be made. The Unified Government’s
investment policy does not impose any additional limitations. In accordance with the investment policy,
credit risk is minimized by limiting investments to the safest types of securities, by pre-qualifying
financial institutions, broker/dealers, intermediaries, and advisors with whom the Unified Government
will do business, and by diversifying the investment portfolio so that potential loss on individual
securities will be minimal. As of December 31, 2010, the securities underlying repurchase agreements
included U.S. agency obligations not explicitly guaranteed by the U.S. government. The securities had
ratings of AAA by Moody’s and Standard and Poor’s. Investments in interest-earning investment
contracts are not rated.
The BPU manages credit risk by requiring all investments, including the use of any external investment
pools and money market mutual funds, be AAA rated or better by nationally recognized rating agencies.
All securities held by the BPU meet the credit quality objective.
Concentration of Credit Risk. The Unified Government investment policy limits the amount of
investments that can be placed with a single financial institution to no more than 60% of the total
investment portfolio. The following maximum limits, by investment type, are also established:
Investment Type
Certificates of deposit
U.S. Treasury bills or notes
U.S. Government agency obligations
Kansas Municipal Investment Pool
Repurchase agreements
Bank trust department municipal pools
Temporary notes or no-fund warrants
37
Maximum % of Portfolio
100%
100%
50%
50%
25%
25%
10%
At December 31, 2010, the Unified Government (excluding the BPU) had the following investments:
Repurchase agreements
U.S. government agencies
Certificates of deposit
Subtotal general operating
portfolio
Assets held by trustee:
U.S. Treasuries
U.S. government agencies
Interest-earning investment
contracts
Total Investments
Fair Value
$123,443,681
26,038,850
52,690,000
Investment Maturities (in Years)
Less Than 1
1-5
$123,443,681
$
26,038,850
52,500,000
190,000
202,172,531
175,943,681
26,228,850
28,999,622
800,800
28,999,622
-
800,800
4,872,700
-
4,872,700
$236,845,653
$204,943,303
$ 31,902,350
The BPU has a concentration of credit risk where it holds more than 5% of its investment portfolio in
any one security issuer other than U.S. Treasury securities and in investment pools. The following U.S.
Agency securities held in safekeeping by the BPU’s bond trustees are in excess of 5% of total
investments:
Issuer
FNMA
FHLB
Rating
AAA
AAA
Amount
$37,482,985
6,643,021
% of total portfolio
47.81%
8.47%
The fair market values, as determined by market prices, of the BPU’s investments at December 31,
2010 are as follows:
Investment maturities
Cash and CD’s
U.S. Treasury
Repo
US Agency
Money market funds
Total Investments
Fair Value
$
250,737
11,051,690
44,126,005
19,053,784
3,924,055
$ 78,406,271
Less Than 6
months
$
250,737
9,620,929
38,657,868
19,053,784
3,924,055
$ 71,507,373
38
6-12 months
$
5,468,137
$ 5,468,137
Greater than 12
months
$
1,430,761
$ 1,430,761
A reconciliation of cash and investments is as follows:
Cash on hand
Carrying amount of
deposits
Cash with others
Investments
Investments, assets held
by trustee
Total
Cash and temporary
investments
Restricted cash and
investments
Investments
Total
Unified Government
$
11,510
BPU
$
-
TOTAL
$
11,510
(1,419,897)
250,737
(1,169,160)
4,270,540
202,172,531
78,155,534
4,270,540
280,328,065
34,673,122
$239,707,806
$78,406,271
34,673,122
$318,114,077
Unified Government
$181,017,647
BPU
$ 6,525,943
TOTAL
$187,543,590
58,690,159
54,326,544
113,016,703
$239,707,806
17,553,784
$78,406,271
17,553,784
$318,114,077
39
B. Capital Assets
Capital asset activity for the year ended December 31, 2010 was as follows:
Governmental activities:
Capital assets, not being
depreciated:
Land
Construction in progress
Total capital assets, not
being depreciated
Beginning
Balance
$
8,658,160 $
100,496,946
31,424,864
109,155,106
Capital assets, being
depreciated:
Buildings
Improvements other
than buildings
Machinery and equipment
Increases
31,424,864
123,220,721
Infrastructure
Total capital assets,
being depreciated
-
20,443,253
57,175,526
7,322,008
880,925
484,492,521
30,824,361
685,332,021
39,027,294
Ending
Balance
Decreases
$
38,646,011
$
38,646,011
8,658,160
93,275,799
101,933,959
-
123,220,721
407,082
27,765,261
57,649,369
-
515,316,882
407,082
723,952,233
Less accumulated
depreciation for:
Buildings
Improvements other
than buildings
Machinery and equipment
Infrastructure
Total accumulated depreciation
68,137,940
2,529,770
14,895,137
42,928,464
127,552,299
253,513,840
302,254
3,786,738
12,736,233
19,354,995
393,378
393,378
15,197,391
46,321,824
140,288,532
272,475,457
Total capital assets, being
depreciated, net
431,818,181
19,672,299
13,704
451,476,776
540,973,287 $ 51,097,163
$ 38,659,715
Governmental activities capital
assets, net
$
40
-
70,667,710
$
553,410,735
Business-type activities
Capital assets, not being depreciated:
Land
Sewer-Construction in progress
Stormwater -Construction in progress
BPU-Construction in progress
Total capital assets, not being
depreciated
Beginning
Balance
$
Increases
Ending
Balance
Decreases
1,981,135 $
17,169,325
50,558,951
$
5,286,092
1,676,368
19,459,870
$
5,145,466
44,504,585
1,981,135
17,309,951
1,676,368
25,514,236
69,709,411
26,422,330
49,650,051
46,481,690
8,109,852
3,691,240
147,155,678
56,866,559
37,906,395
1,240,405,704
1,494,135,428
61,697
6,678,635
1,455,637
44,948,542
53,144,511
1,970,193
1,970,193
8,109,852
3,691,240
147,217,375
63,545,194
39,362,032
1,283,384,053
1,545,309,746
Less accumulated depreciation for:
Buildings and improvements
Improvements other than buildings
Sewer lines
Treatment plants and facilities
Machinery and equipment
BPU Plant and equipment
Total accumulated depreciation
4,460,443
1,871,527
60,335,022
43,605,310
38,034,256
601,501,181
749,807,739
252,579
82,373
2,943,730
1,824,428
30,454,515
35,557,625
2,132,023
1,601,503
3,733,526
4,713,022
1,953,900
63,278,752
45,429,738
35,902,233
630,354,193
781,631,838
Total capital assets, being
depreciated, net
744,327,689
17,586,886
(1,763,333)
763,677,908
814,037,100 $
44,009,216 $
47,886,718 $
810,159,598
Capital assets, being depreciated:
Buildings and improvements
Improvements other than buildings
Sewer lines
Treatment plants and facilities
Machinery and equipment
BPU Plant and equipment
Total capital assets, being depreciated
Business-type activities capital
assets, net
$
Depreciation expense was charged to functions/programs of the primary government as follows:
Governmental activities:
General government
Health and Welfare
Public Safety
Highways and streets, including depreciation
of general infrastructure assets
Planning and development
Culture and recreation
Total depreciation expense – governmental activities
Business-type activities:
Sewer
Public Levee
Sunflower Hills Golf Course
EMS
Stormwater Enterprise
BPU
Total depreciation expense – business-type activities
41
$
2,085,436
144,705
3,199,926
13,526,572
25,137
373,219
$ 19,354,995
$
2,295,317
241,219
155,482
273,599
5,470
30,454,515
$ 33,425,602
C.
Interfund receivables and payables and transfers
The composition of interfund balances as of December 31, 2010, is as follows:
Interfund receivables and payables:
Interfund
Interfund
Receivables
Payables
General
Capital projects
Nonmajor governmental funds
Sewer enterprise fund
Nonmajor enterprise funds
Internal service funds
Fiduciary funds
$
Total
3,461,826
$
141,151
-
7,097,650
191,627
1,927,301
7,096,841
89,943
5,824
56,351
-
1,446,375
2,653
-
$ 10,758,771
$ 10,758,771
Interfund balances result from the time lag between the dates that (1) interfund goods and services are
provided or reimbursable expenditures occur, (2) transactions are recorded in the accounting system,
and (3) payments between funds are made. The interfund payables due from certain nonmajor
governmental funds include amounts owed to the General Fund for the reimbursement of certain
indirect costs.
The composition of interfund transfers for the year ended December 31, 2010, is as follows:
Transfers In:
Transfers Out:
General
Capital projects
Nonmajor governmental
Sewer
Nonmajor enterprise fund
Capital
Projects
General
$
-
$
Nonmajor
Governmental
51,818
$
Nonmajor
Enterprise
Total
850,495
$ 148,839
$ 1,051,152
-
-
8,597,462
-
8,597,462
666,874
174,696
304,650
497,975
1,644,195
-
9,596,183
(48,472)
-
9,547,711
2,606,000
1,632,588
238
-
4,238,826
$3,272,874
$11,455,285
9,704,373
$ 646,814
$
$25,079,346
Transfers are used to (1) move revenues from the fund that statute or budget requires to collect them to
the fund that statute or budget requires to expend them, (2) move receipts restricted to debt services
from the funds collecting the receipts to the debt service fund as debt service payments become due,
and (3) use unrestricted revenues collected in the general fund to finance various programs accounted
for in other funds in accordance with budgetary authorizations.
42
D.
Leases
Operating Leases
The Public Levee leases facilities and land to various companies in the Fairfax Industrial District.
These leases are for varying lengths from one month to 30 years, and require the payment of minimum
annual rentals. Property leased under these agreements includes buildings and improvements with a
cost of $7,404,853 and accumulated depreciation of $4,135,814 at December 31, 2010.
In November 2010, the Unified Government entered into a lease with the Kansas Speedway
Corporation to lease 2,000 parking spaces for use in connection with the Kansas City Wizards stadium.
Annual lease payments for use of the parking spaces are $325,000, commencing in 2011. Annual rent
payments shall be adjusted every five years by the cumulative and compounded percentage increase
in the Consumer Price Index. The initial term of the lease is through December 31, 2031.
The following is a schedule of future minimum rentals to be received on non-cancelable operating
leases by the Public Levee, and of future minimum rent payments to be made to the Kansas Speedway
Corporation as of December 31, 2010:
Year ending December 31,
2011
2012
2013
2014
2015
Thereafter
Total
Public Levee
lease receivable
Rent payments
for parking
$
851,692
280,550
273,602
185,890
137,112
-
$
325,000
325,000
325,000
325,000
325,000
5,200,000
$
1,728,846
$
6,825,000
Capital Leases
The Unified Government has equipment under various capital leases. To account for financing leases,
the Unified Government charges payments made during the fiscal period as debt service in
governmental funds. In the year that the asset is received, the Unified Government records the present
value of future lease payments as a capital outlay expenditure and as an offsetting other financing
source. The present value of payments due in future periods is shown as a liability in long-term debt.
The BPU entered into lease-purchase agreements for customer billing system software and a power
plant coal dozer that expire at various dates during the next three years.
Assets acquired under capital lease consist of the following:
Governmental
Activities
Building and
improvements
Plant and equipment
Machinery and
equipment
Computer equipment
$ 6,500,000
17,916,793
$ 24,416,793
Sewer
$
$
Sunflower Hills
Golf Course
-
922,281
922,281
43
$
$
EMS
150,497
150,497
$
$
BPU
1,123,068
1,123,068
$
$
831,251
831,251
Amortization of leased assets is included with depreciation expense on the Statement of Activities.
The future minimum lease obligation and the net present value of these minimum lease payments as of
December 31, 2010, were as follows:
Business-type
Activities
Governmental
Activities
Year ended December 31,
Sewer
Sunflower Hills
Golf Course
$ 3,384,346 $
2,090,825
196,849
196,849
2013
2014
2015
1,653,959
963,039
660,504
196,849
146,529
121,222
32,053
32,053
32,053
135,239
-
-
970,281
-
-
-
-
6,161,189
15,884,143
858,298
(48,654)
160,265
(9,768)
877,971
(45,967)
378,505
2021-2025
Total minimum lease payments
Less: Amount representing interest
Present value of minimum lease payments
E.
(1,024,821)
$ 14,859,322
$
809,644
$
32,053
32,053
150,497
$
BPU
2011
2012
2016-2020
$
EMS
$
397,873
344,859
832,004
$
$
302,804
75,701
(10,552)
367,953
Temporary Notes
Kansas law permits the issuance of temporary notes to finance certain capital improvement projects
which will be refinanced with general obligation bonds. Prior to the issuance of the temporary notes,
the governing body must take the necessary legal steps to authorize the issuance of general obligation
bonds. Temporary notes issued may not exceed the aggregate amount of bonds authorized, are
interest bearing, and have a maturity date not later than four years from the date of issuance. At
December 31, 2010, the Unified Government had $52,195,000 outstanding in temporary notes.
All temporary notes at December 31, 2010, have a maturity of no later than December 1, 2013 and
have interest rates ranging from 0.65% to 2.97%.
Temporary note activity for the year ended December 31, 2010 was as follows:
Outstanding
Jan. 1, 2010
$ 114,057,799
Issued
$ 50,755,000
Redeemed
$ (112,617,799)
44
Outstanding
Dec, 31, 2010
$ 52,195,000
F.
Long-term Debt
Summary of Long-Term Debt. The following is a summary of changes in long-term debt of the
Unified Government for the year ended December 31, 2010:
Governmental activities:
General Obligation:
General obligation bonds
Outstanding
Jan 1, 2010
Additions
Deletions
Outstanding
Dec 31, 2010
Due Within
1 year
$126,653,486
$ 79,261,793
$ 14,937,789
$190,977,490
$ 10,651,240
593,058
Tax Increment Financed GO Bonds
Unamortized premium
Unamortized discount
Deferred refunding
Accreted interest on bonds
Compensated absences
Capital leases
Claims and judgments
12,027,066
2,904,341
(518,974)
(225,308)
1,684,792
37,826,462
14,920,099
960,000
20,467,595
4,216,368
(177,896)
(159,098)
1,731,948
6,069,428
2,311,526
715,000
371,785
878,672
(27,681)
(233,745)
208,873
4,506,845
2,372,303
-
32,122,876
6,242,037
(669,189)
(150,661)
3,207,867
39,389,045
14,859,322
1,675,000
Unfunded pension obligation
OPEB Liability
Arbitrage Liability
Landfill closure/post-closure
Total-General obligation
290,645
40,820,167
1,340,000
238,682,776
52,874
14,535,425
183,514
129,208,477
38,366
140,000
23,193,207
305,153
55,355,592
183,514
1,200,000
344,698,046
183,514
450,000
19,344,923
108,955
2,640,815
3,042,341
1,675,000
Limited Obligation:
Certificates of participation
Section 108 Loan
Transportation Development Bonds
Sales tax obligation bonds
Total-Limited obligation
Total
8,100,000
3,584,000
20,580,000
54,352,319
86,616,319
$325,299,095
49,080,951
49,080,951
$178,289,428
8,100,000
270,000
571,000
18,116,162
27,057,162
$50,250,369
3,314,000
20,009,000
85,317,108
108,640,108
$453,338,154
289,000
2,415,000
708,028
3,412,028
$ 22,756,951
Business-type activities:
General Obligation bonds
Capital leases
Sewer state revolving loan
Compensated absences
OPEB liability
Subtotal
Outstanding
Dec 31, 2010
$ 22,384,448
1,077,448
13,653,555
2,291,142
3,618,165
43,024,758
Additions
$ 18,325,611
1,201,840
387,800
737,167
1,387,980
22,040,398
Deletions
$
975,425
487,142
1,471,035
316,710
3,250,312
Outstanding
Dec 31, 2010
$ 39,734,634
1,792,146
12,570,320
2,711,599
5,006,145
61,814,844
Due Within
1 year
$ 1,337,638
584,452
1,391,134
181,798
3,495,022
363,881,515
650,042
5,412,231
32,190,000
-
40,641,515
282,090
5,412,231
355,430,000
367,952
-
13,935,000
292,964
-
(963,521)
4,571,779
21,710,900
916,780
41,343
(642,827)
404,448
1,035,122
(320,694)
5,084,111
20,717,121
6,610,000
1,282,000
1,960,000
5,932,000
1,071,373
1,960,000
2,284,170
404,157,116
$447,181,874
3,486,959
37,917,082
$ 59,957,480
3,232,258
52,324,837
$ 55,575,149
2,538,871
389,749,361
$451,564,205
17,259,337
$ 20,754,359
BPU revenue bonds
Capital leases
Interest accreted
Unamortized discount and
loss on refunding
Unamortized premium
State revolving loan
Compensated absences
OPEB liability
Subtotal
Total
For the governmental activities, compensated absences, claims and judgments, the unfunded pension
obligation, and the OPEB liability are generally liquidated by the general fund. Landfill closure and
post closure care costs are expected to be liquidated by the Solid Waste Fund.
45
Special Assessment and General Obligation Bonds. The remaining debt service requirements for
general obligation and special assessment bonds will be paid from the respective bond and interest
funds with future property tax revenues and special assessment taxes.
At December 31, 2010, the bonds outstanding for the Unified Government consisted of the following:
Description and Purpose
2002 GO Bonds
2004 GO Bonds
2005 GO Bonds
2006 GO Bonds
2007 GO Bonds
2008 GO Bonds
2009 GO Bonds
2010 GO Bonds
Total
Amount of
Original Issue
$ 23,605,000
38,095,000
30,620,000
39,685,000
16,805,000
34,660,000
23,515,000
118,055,000
Range of
Final Maturity
Dates
2003-2022
2004-2018
2006-2014
2006-2025
2007-2027
2008-2028
2009-2029
2011-2031
Range of
Interest Rates
2.00-4.50%
2.00-5.00%
4.00-5.00%
4.00-5.50%
4.00-5.50%
3.50-7.00%
3.00-6.00%
0.70-5.70%
Amount
Outstanding
Dec 31, 2010
$ 14,785,000
15,540,000
13,685,000
31,820,000
12,315,000
33,385,000
23,250,000
118,055,000
$ 262,835,000
$ 325,040,000
Annual debt service requirements to maturity for bonds outstanding of the Unified Government are as
follows:
Governmental Activities
Year
2011
2012
2013
2014
2015
2016-2020
2021-2025
2026-2030
2031
Total
Principal
$11,244,298
12,845,956
13,018,956
20,721,090
10,156,685
50,666,136
51,700,963
52,141,282
605,000
$223,100,366
Interest
$10,587,857
8,975,273
8,652,749
8,282,603
7,576,552
32,156,280
21,005,735
7,446,642
34,788
$104,718,479
Business-Type Activities
Principal
$ 1,335,702
1,444,044
1,526,044
1,568,910
1,888,315
10,543,864
11,054,037
10,373,718
$ 39,734,634
Interest
$ 1,882,922
1,627,480
1,583,523
1,533,859
1,481,833
6,217,112
4,062,789
1,517,338
$19,906,856
The Series 2010D bonds were issued as taxable Build America Bonds pursuant to the American
Recovery and Reinvestment Act of 2009, which provides that 35% of the interest payments on those
bonds will be paid to the Unified Government by the U.S. Treasury. The Series 2010C and 2010F
bonds were issued as taxable Recovery Zone Economic Development Bonds pursuant to the American
Recovery and Reinvestment Act of 2010, which provides that 45% of the interest payments on those
bonds will be paid to the Unified Government by the U.S. Treasury. The Series 2010G bonds were
issued as taxable Qualified Energy Conservation Bonds. The Unified Government has elected to
receive interest subsidy payments from the U.S. Treasury in an amount equal to the lesser of the
amount of interest payable on each interest payment date, or 70% of the amount of interest which
would have been payable with respect to the bonds if the interest were determined at applicable tax
credit rates for the bonds. No amounts were received in 2010 on these interest subsidies since the
bonds’ first interest payment dates are in 2011.
Section 108 Loan. During 2000, the Unified Government entered into a loan agreement with the U.S.
Department of Housing and Urban Development (HUD) for funding of $6,040,000 for the construction of
the new downtown hotel project.
Claims and Judgments. Various legal actions and claims against the Unified Government presently
pending involve: personal injury (including workers' compensation claims), alleged discriminatory
46
personnel practices, property damages, civil rights complaints and other miscellaneous claims. The
Unified Government generally follows the practice of recording liabilities resulting from claims and legal
actions only when it is probable that a liability has been incurred and the amount can be reasonably
estimated.
Unfunded Pension Obligation.
explanation.
Reference Note IV.F. "Unified Government Plan" for further
The following schedule represents the annual payments required for Claims and Judgments and the
Unfunded Pension Obligation and the Section 108 Loan:
Year ended December 31,
2011
2012
2013
2014
2015
2016-2020
Total
Claims and
Unfunded Pension
Judgments
Obligation
$ 1,675,000
$
41,563
38,654
35,948
$ 1,675,000
$
33,432
31,091
124,465
305,153
Section 108 Loan
Principal
$ 289,000
310,000
331,000
Interest
$
74,791
71,152
68,486
355,000
379,000
1,650,000
$ 3,314,000
64,050
57,660
125,124
461,263
$
Arbitrage Liability. In 1986, Federal law changed, making it illegal for an entity to issue tax-exempt
debt, reinvest those proceeds in a tax-deductible instrument, and make an arbitrage profit on the
differential in interest rates. A calculation was created which established the methodology for
determining if the tax exempt debt proceeds were invested to yield a profit. If a profit exists, all of that
profit must be paid to the U.S. Treasury. The Unified Government has bonds and temporary notes
subject to arbitrage, but does not have an arbitrage liability as of December 31, 2010. Actual payments
could differ from the estimate.
Sales Tax Limited Obligation Bonds. In March 1998, the Unified Government established the Prairie
Delaware Redevelopment District. The District was created for development of a major tourism area,
including the Kansas International Speedway. In connection with various projects in this District, the
Unified Government has issued Sales Tax Limited Obligation Revenue Bonds (STAR bonds). Pursuant
to issuance of the STAR bonds, the Unified Government and the State of Kansas have entered into a
Redevelopment District Tax Distribution Agreement. The agreement provides that the principal of,
accreted value, and interest on the STAR bonds will be paid proportionally by the Unified Government
and the State of Kansas, based on each entity’s respective share of sales taxes generated within the
District. The Unified Government’s proportional share is approximately 28%. Therefore, 28% of the
outstanding obligation on each STAR bond issue has been recorded with the Unified Government’s
long term debt. This proportional share may change in the future if the sales taxes assessed by the
local or state governments are modified.
These bonds are special, limited obligations of the Unified Government, payable solely from revenues
generated within the Redevelopment District. The bonds do not constitute a pledge of the full faith and
credit of the Unified Government, and do not obligate the Unified Government to levy any form of
taxation or to make any appropriation for their payment.
For the 1999 KISC and 2001 Project Area B bonds listed below, the Unified Government may, but is
not obligated to, appropriate local sales tax from outside the District to the extent that sales tax
collections from the District are unavailable or insufficient for annual debt service requirements. For the
other issues listed below, there is no such appropriation clause in the bond ordinances.
In 2010, the Unified Government issued new STAR bonds for a major multi-sport complex project. The
Series 2010B bonds are subordinate to the outstanding 2005 2nd Lien Turbo Bonds. The 2005 bonds
must be repaid prior to any payments being made with respect to the 2010B bonds. Additionally,
47
pledged tax revenues for the 2010B bonds include only such state sales tax revenues collected by the
State of Kansas and distributed on or before January 31, 2021. The amount of general state tax
revenues that can be applied to the payment of the 2010B bonds is capped at $144,500,000. After
applying $144,500,000 of payments to the 2010B bonds, the accreted value of any remaining 2010B
bonds can be paid solely from the Unified Government’s local sales and transient guest taxes located
within the District.
Description and Purpose
1999 KISC bonds
2001 Project Area B bonds
2004 Refunding
2005 2nd Lien Turbo Bonds
2010B Bonds
Total
Amount of
Original
Issue*
$ 6,804,116
8,026,200
1,528,800
48,727,000
42,081,057
$ 107,167,173
Range of
Final Maturity
Dates
2007-2027
2007-2020
2007-2020
2014-2020
2021
Range of
Interest
Rates
4.20-5.25%
4.00-5.10%
3.25-5.54%
4.75-5.00%
6.07%
Amount
Outstanding
Dec 31, 2010
$
6,242,451
5,450,200
1,290,800
30,252,600
42,081,057
$ 85,317,108
* Amount includes only the estimated 28% of the total bond issue which will be repaid through local sales taxes generated
within the redevelopment district.
Annual debt service requirements to maturity for these bonds are as follows:
Year ended December 31,
2011
2012
2013
2014
2015
2016-2020
2021-2025
Principal
$
708,028
747,349
790,749
839,109
888,047
35,608,973
44,315,631
Interest
$ 2,166,721
2,147,587
2,131,260
2,110,048
2,091,904
7,920,033
41,277,097
2026-2028
Total
1,419,222
$ 85,317,108
1,667,978
$ 61,512,628
The 2005 and 2010B bonds have “Turbo Redemption” provisions. Pledged tax revenues received in
excess of amounts required for mandatory debt service payments or for various reserve account
requirements will be used to redeem the bonds early. It is therefore expected that payment in full of
principal on these bond series will be made earlier than their respective maturity dates.
48
Transportation Development District Sales Tax Revenue Bonds. The Unified Government has
created two transportation development districts under K.S.A. 12-14,140 through 12-17,149. Under
statute, creation of such districts allows the Government to impose a transportation development
district sales tax, not to exceed 1%, with the revenues received therefrom pledged to pay bonds issued
for projects within the established districts. Bonds issued under these statutes are special, limited
obligations of the Unified Government, payable solely from revenues generated within the
transportation development districts. The bonds do not constitute a pledge of the full faith and credit of
the Unified Government, and do not obligate the Unified Government to levy any form of taxation or to
make any appropriation for their payment.
For the Legnds bonds, in October 2010, $273,028 was transferred from the debt service reserve fund
to the debt service fund, to supplement for the shortfall in the debt service fund for the October 1, 2010
debt service payment.
Description and Purpose
2007 The Legends
2007 NFM/Cabela’s
2008 Prescott Plaza
2009 Happy Foods
Total
Amount of
Original
Issue
$ 17,520,000
2,415,000
2,000,000
400,000
$ 22,335,000
Range of
Final Maturity
Dates
2007-2028
2007-2027
2008-2011
2009-2014
Range of
Interest
Rates
4.60-4.875%
5.0%
5.5%
6.5%
Amount
Outstanding
Dec 31, 2008
$ 15,915,000
1,775,000
1,940,000
379,000
$ 20,009,000
Annual debt service requirements to maturity for these bonds are as follows:
Year ended December 31,
2011
2012
2013
2014
2015
2016-2020
2021-2025
2026-2028
Total
Principal
$ 2,415,000
520,000
575,000
964,000
675,000
4,370,000
6,415,000
Interest
$ 957,673
861,939
837,469
797,529
755,831
3,236,615
1,978,825
4,075,000
$ 20,009,000
389,269
$ 9,815,150
Pledged Revenues. The Unified Government has pledged specific revenue streams to secure the
repayment of certain outstanding debt issues. The corresponding debt issues are for projects
described previously for Sales Tax Limited Obligation (STAR) Bonds and Transportation Development
District (TDD) Sales Tax Revenue Bonds, as well as general obligation bonds issued to finance
infrastructure and capital improvements in tax increment financing (TIF) districts. The following table
lists those revenues and the corresponding debt issues, the amount and term of the pledge remaining,
the current fiscal year principal and interest on the debt, the amount of pledged revenue recognized
during the current fiscal year, and the approximate percentage of the revenue stream that has been
committed:
49
Percent
of
revenue
pledged
Principal &
Interest for
2010
Pledged
revenues
recognized
in 2010
Type revenue
pledged
Amount of
pledge
Term of
commitment
STAR
bonds
Sales and
transient guest
tax
$146,829,736
Through
2027
100%
$13,839,663
$13,529,636
TDD
bonds
Transportation
development
district sales
tax
29,824,149
Through
2028
100%
1,587,321
1,653,312
TIF GO
bonds
Incremental
increase in
property tax
49,542,627
Through
2030
100%
1,497,660
1,482,871
Issue(s)
Proprietary Fund Revenue Bonds. At December 31, 2010, the various proprietary funds had the
following bonds outstanding:
Amount of
Original
Issue
Description and Purpose
Sewer System State Revolving Loan
Subtotal
BPU revenue bonds:
1998 Series
2001 Series
2004B Series
2004 Refunding
2009A Series
2010 Refunding
Subtotal
Total
$
$
Range of
Final Maturity
Dates
Range of
Interest
Rates
13,816,268
13,816,268
2018
3.39-3.44%
81,375,000
17,170,000
115,535,000
126,005,000
57,575,000
32,190,000
429,850,000
443,666,268
2028
2021
2032
2023
2034
2028
4.00-5.25%
4.00-5.95%
3.00-5.00%
5.60-5.65%
4.73-5.30%
4.40-4.72%
Amount
Outstanding
Dec 31, 2010
$
$
12,570,320
12,570,320
21,820,000
11,895,000
109,790,000
123,390,000
56,345,000
32,190,000
355,430,000
368,000,320
The revenue bond ordinances of the BPU require, among other things, that special reserves and
accounts be established and maintained. Additionally, the ordinances require the BPU to establish
rates and collect charges sufficient to pay the operating, maintenance and debt service costs of the
utilities and to provide net operating income, before depreciation and payment in lieu of taxes, of at
least 120% of the maximum annual debt service due on the outstanding bonds of the BPU. All of the
BPU's utility plant facilities are pledged under the terms of the ordinances. The BPU was in compliance
with the above requirements as of December 31, 2010.
The Unified Government has entered into four agreements with the State of Kansas, Department of
Health and Environment. These agreements resulted in the State loaning money to the Unified
Government’s Water Pollution Control Division for the purpose of capital expenditures to improve the
sewer system. Advances are made at the time for paying costs related to the approved loan. The
State and Unified Government agreed on an amortization schedule for the entire amount of the loans.
If the final loan amount is less than the approved total, an amended amortization schedule will be
developed. The following chart represents the adopted amortization schedule and is not reflective of
the amount actually borrowed and outstanding to date. The BPU also has a loan with the Kansas
Department of Health and Environment for the purpose of capital improvements to be repaid over 20
years ending 2027.
50
Annual debt service requirements to maturity for the proprietary funds loan and revenue bonds are as
follows:
2011
2012
2013
2014
2015
2016-2020
2021-2025
2026-2030
2031-2035
Total
Sewer System
State Revolving Loan
Principal
Interest
$ 1,391,134
$ 500,265
1,435,814
455,585
1,481,939
409,460
1,529,557
361,841
1,578,718
312,681
6,206,620
839,279
2,897,675
187,533
$16,521,457
$ 3,066,644
BPU
State Revolving Loan
Principal
Interest
$1,071,373
$709,319
1,112,511
671,967
1,155,230
633,178
1,199,592
592,898
1,245,660
551,069
6,983,770
2,069,370
7,200,549
764,918
748,436
29,958
$20,717,121
$ 6,022,677
Revenue Bonds
Principal
Interest
$13,935,000
$18,097,299
14,655,000
17,384,632
15,355,000
16,677,780
16,185,000
15,858,903
14,910,000
15,026,058
87,375,000
62,784,113
84,875,000
38,929,673
71,085,000
19,923,375
37,055,000
3,657,500
$355,430,000
$208,339,333
BPU has pledged specific revenue streams to secure the repayment of certain outstanding debt issues.
The corresponding debt issues are for utility system revenue bonds and the purpose of the debt is for
the utility improvements. The following table lists those revenues, the amount and term of pledge
remaining, the current year principal and interest on the debt, the amount and term of pledged revenue
recognized during the current fiscal year, and the approximate percentage of the revenue stream that
has been committed:
Issue(s)
Type revenue
pledged
Amount of
pledge
Term of
commitment
Percent of
revenue
pledged
Principal
& Interest
for 2010
Pledged
revenues
recognized in
2010
Sewer State
Revolving
Loan
Net operating
revenue of the
Sewer Fund
$ 19,588,101
Through
2024
100%
$1,858,159
$ 6,014,509
BPU debit
issues
Electric and
Water
operating
revenues
563,769,333
Through
2034
11.8%
31,363,760
37,636,512
Refundings of Long-Term Debt. In June 2010, the Unified Government issued $8,175,000 in Series
2010E general obligation refunding bonds with an interest rate of 2.375%, to refund $5,000 of Series
2004 bonds maturing in September 2010 and to repay $8,100,000 of certificates of participation that
matured in June 2010. As a result, the $5,000 of Series 2004 is considered defeased, and the liability
for this portion of the bonds has been removed from long-term debt of the Unified Government. Due to
the small amount of 2004 bonds that were refunded, there was no reduction in debt service payments
and no economic gain / loss resulting from this transaction.
In May 2010, the Unified Government issued $150,289,488 in Series 2010B STAR bonds with a yield to
maturity of 6.070%, in part to refund $25,394,540 of Series 2010A STAR bonds that had been issued in
February 2010. As a result, the 2010A bonds were considered defeased, and the Unified
Government’s proportional allocation of the STAR bond liability (28%) was removed from long-term
debt. The refunding was done to convert temporary financing from the 2010A bonds into long-term
financing. Therefore, the refunding does not result in any change in debt service payments or an
economic gain / loss.
G.
Non-Obligatory Debt
51
Conduit Debt. The Unified Government has issued revenue bonds not directly obligated by the Unified
Government which are generally used to finance construction or renovation of facilities on government
land or the acquisition of equipment. The bonds are paid solely from revenues generated from entities
for whom the bonds are issued. The total amount at December 31, 2010 was $605,312,999 for the
Industrial Revenue Bonds, $219,386,848 for Sales Tax Special Obligation Revenue Bonds,
$528,776,057 for the Single Family and Collateralized Mortgage Revenue Bonds, and $21,360,000 for
Multifamily Housing Revenue Bonds. These bonds do not constitute an indebtedness or pledge of the
faith and credit of the Unified Government, and accordingly have not been reported in the
accompanying financial statements.
H.
Landfill Closure and Postclosure Care
In 2004, the Kansas Department of Health and Environment (KDHE) issued an administrative “Order to
Comply” to the Unified Government alleging the need for investigations into the alleged release of
hazardous substances found to exist at the John Garland Park Landfill, which was operated from 19721974 by a third party and has been closed since then. The Unified Government conducted, with KDHE
approval, certain investigations and conducted or prepared work plans for conducting in the future,
certain remedial activities. In March 2008, the Unified Government and KDHE entered into a Consent
Agreement requiring certain landfill closure activities, including annual landfill cap maintenance,
periodic groundwater monitoring through the year 2025, and conversion of an existing passive landfill
gas extraction system to an active gas extraction system. The Unified Government has recorded a
liability of $1,200,000 as the estimated cost for the new gas extraction system and monitoring activities
through 2025. The cost estimates are subject to change due to inflation, deflation, technology, laws
and regulations. The Solid Waste Fund will provide the primary source of funding for these costs.
I.
Termination Benefits
During 2009, the Unified Government adopted a retirement incentive program to reduce its workforce.
This was done as a cost saving measure in response to the decline in the economy. Eligible
employees were given (1) additional accumulated sick leave ranging from 5 to 25 days depending on
the date of retirement and whether such time was already accumulated in their sick leave bank, and (2)
the option to participate in medical insurance until age 65 with the Unified Government paying 50-100%
of the premium depending on the type of coverage selected. Employees could also elect a one-time
cash bonus payment ranging from $500 to $7,500 for waiver of the health premium. The cost of the
benefits paid in 2010 was $3,730,480.
J.
Restricted assets
The balances of the restricted asset accounts are as follows:
General fund: master leases
Capital projects fund: STAR bonds
Capital projects fund: GO proceeds
Nonmajor governmental funds:
STAR/TDD bonds
Customer deposits-BPU
Revenue Bonds:
State Revolving Loan
BPU revenue bonds:
Debt service account
Improvement and emergency account
Contruction funds
Total restricted assets
52
$
1,314,365
19,023,164
8,267,120
12,397,859
3,345,723
2,642,603
14,919,883
1,500,000
34,560,938
$97,971,655
IV. OTHER INFORMATION
A.
Risk Management
The Unified Government's insurance coverage consists of both self-insurance and policies maintained
with various carriers. Exposure to various risks associated primarily with weather related incidents
such as wind, hail and storm damage is covered by property insurance. There have been no
settlements in excess of insurance coverage during any of the prior three fiscal years. There has been
no significant change in insurance coverage from the previous fiscal year.
Accident and Health. The Unified Government is both self-insured and fully insured for accident and
health claims. Claims for Unified Government employees (except for BPU employees) are administered
through a third party administrator for the Unified Government’s self-insured plan. Premiums are paid
by employer and employee contributions into an internal service fund and are available to pay claims
and costs of an administrative service agreement. An excess insurance policy covers individual claims
in excess of $190,000. Incurred but not reported claims of $1,598,000 have been accrued as a liability.
In 2010, $23,844,642 was paid for claims and administrative costs. The outstanding claims liability is
calculated from historical data and future expectations. This includes an estimated liability for known
claims as well as an estimated liability for claims incurred but not reported. The BPU is self-insured on
essentially up to 100% of their health claims.
Workers' Compensation. The Unified Government is self-insured for workers' compensation.
Premiums are paid from the general fund into an internal service fund and available to pay claims,
claim reserves and administrative costs of the program. During 2010, a total of $1,651,616 was paid in
benefits and administrative costs from the fund. An excess coverage insurance policy covers individual
claims in excess of $750,000. Incurred but not reported claims of $4,712,000 have been accrued as a
liability. The Unified Government attorney makes significant estimates in determining amounts of
unsettled claims under the self-insurance program. The outstanding claims liability is calculated from
historical data and future expectations. This includes an estimated liability for known claims as well as
an estimated liability for claims incurred but not reported. The BPU is self-insured to the first $350,000
per employee / per occurrence for workers' compensation. Claims exceeding $350,000 and up to
$35,000,000 per employee / per occurrence are fully insured.
General Liability. The Unified Government is also self-insured for liability claims with no premium paid
to any insuring firm. All liability claims are reviewed, challenged if appropriate, and processed for
payment at the agreed amount by the Legal Department. Kansas statutes limit the liability in tort cases
to $500,000.
The following is a summary of the changes in the unpaid claims liability:
Workers’
Compensation
Health
Insurance
December 31, 2008 Liability
Balances
Claims and changes in
estimates
Claim payments
$ 5,590,000
$ 2,001,000
(2,004,180)
(26,610,207)
December 31, 2009 Liability
Balances
Claims and changes in
estimates
Claim payments
$ 4,012,000
$ 1,816,000
December 31, 2010 Liability
Balances
426,180
General
Liability
$
26,425,207
BPU
960,000
$ 2,005,478
371,225
11,602,768
(371,225)
(11,214,246)
960,000
$ 2,394,000
23,626,642
1,296,894
9,954,275
(1,651,616)
(23,844,642)
(581,894)
(9,488,275)
$ 4,712,000
$ 1,598,000
$ 1,675,000
$ 2,860,000
2,351,616
53
$
B.
Commitments and Contingent Liabilities
Litigation. The Unified Government is a defendant in various legal actions pending or in process for
tax appeals, property damage and miscellaneous claims. The ultimate liability that might result from
the final resolution of the above matters is not presently determinable. Management and the Unified
Government's counsel are of the opinion that the final outcome of the cases will not have an adverse
material effect on the Unified Government's financial statements.
The United States, on behalf of the United States Environmental Protection Agency, contends that it
has a cause of action pursuant to the Clean Water Act, 33 U.S.C. §§ 1251, et seq., against the Unified
Government for violations regarding the Unified Government’s combined and sanitary sewer systems
and municipal separate storm sewer system. Remediation of these combined systems is required, and
penalties may be assessed. The Unified Government is currently in negotiations with the federal
government to make appropriate modifications to its sanitary sewer and storm sewer systems, and has
been replacing sections of those systems on an annual basis for a number of years. Such activities will
continue until all systems are modified as required. While future costs are not readily estimable at this
point in time, costs are expected to be in the multi-million dollar range. Once the terms are agreed
upon with the federal government, user rates will be adjusted to pay for the cost or improvements over
a multi-year period.
Under Kansas statutes, should the courts sustain any of the litigation against the Unified Government,
the Government may issue no-fund warrants to cover any resulting over-expenditures not anticipated in
the current year budget. The Unified Government is then required to levy sufficient ad valorem property
taxes in the first levying period following issuance to retire such warrants. This tax levy is without
limitation.
In March 2008, a grand jury commenced in Wyandotte County, Kansas as a result of a citizen initiative.
The citizen initiative alleges BPU and certain of its managers have misspent public funds among other
matters. The grand jury’s term expired on September 5, 2008. Management and the Board cooperated
with the grand jury. Two indictments were returned on October 3, 2008.
Subsequent to the issuance of the indictments, motions seeking dismissal of the case were made by
the defense and granted by the Court. One defendant has subsequently died and an appeal of the
dismissal remains pending. No liability is expected to accrue to the BPU.
Health Insurance Contributions. During 2009 and 2010, the Unified Government suspended making
certain employer contributions to the Self-Insured Health Care Fund from the County General Fund.
For the years ended December 31, 2010 and 2009, the cumulative amount of employer contributions
that were not budgeted or paid totaled approximately $2.8 million. As of December 31, 2010, the
governing body and management have not made a formal commitment to fund these payments in
future years, and there is no requirement that these amounts must be paid to the Self-Insured Health
Care Fund. However, the amount is monitored and reviewed on an annual basis, and considered when
preparing the County General Fund’s budget.
Redevelopment District Projects. In connection with the Prairie Delaware Redevelopment District
projects (see Note III.F.), $14,000,000 from the Cabelas bonds was used for construction of a movie
theatre, which is owned by the Unified Government.
The Unified Government has a lease agreement with Cabela’s to lease the real property related to the
theatre. Under the agreement, “Special Basic Rent” of $6,500,000 is to be paid by the Unified
Government, commencing in November 2002 at an interest rate of 7.266% over a 20 year period.
Funding for the payments will come solely from amounts received by the Unified Government under a
rate agreement entered into with the BPU on qualifying projects developed within the District. During
2010, there were no such revenues generated under the BPU rate agreements, and so the Unified
Government did not make any payments to Cabelas under the lease agreement. Future payments are
54
dependent upon new development in the District, and the resulting receipt of revenues under the BPU
rate agreements. In the event of default, Cabela’s has the right to terminate the lease and take
possession of, and title in, the theatre and real property.
Environmental Matters. The Unified Government is subject to various laws and regulations with
respect to environmental matters such as underground storage facilities and air and water quality. The
cost of complying with existing and future changes to laws and regulations cannot be estimated;
however, compliance with such laws and regulations may necessitate substantial expenditures.
Unified Government management also expects to make future capital improvements related to fire
suppression and other life safety code requirements. Costs related to these projects have yet to be
determined, but are expected to be significant.
Construction Commitments. At December 31, 2010, construction contract commitments were as
follows:
Sewer System
$
Internal Improvements (Capital Projects)
753,488
10,385,410
Grants. Intergovernmental grant awards are subject to audit and adjustments by funding agencies.
Award revenues received for expenditures that are disallowed are repayable to the funding agency. In
the opinion of management, any amounts that may ultimately be refunded would not have a material
impact on these general purpose financial statements.
Power Sales Agreements. Total revenue for the BPU from the power sales agreements for the year
ended December 31, 2010 was approximately $13,949,430.
Coal Contracts. The BPU has coal contracts with minimum purchase provisions that expire at various
dates through 2017 with options to renew. The purchase price is based on the cost of acquiring and
delivering the fuel.
C.
Multi-Sport Stadium and Office Campus Projects.
During 2010, the Unified Government entered into a Multi-Sport Stadium Specific Venture Agreement
with Kansas Unified Development, LLC (Developer) to construct, develop, complete and operate a
major, multi-sport athletic complex including a stadium facility that will be the home field for the Kansas
City Wizards within the Village West Redevelopment Area. The construction is primarily being funded
from proceeds of the Series 2010B STAR bonds. Additionally, under a Land Transfer and Specific
Venture Agreement, Cerner Corporation (Cerner) will acquire land from the Unified Government within
the Village West Redevelopment Area to construct, develop, complete and operate 600,000 square
feet of Class A office buildings. Certain components of the Agreements affect the Unified
Government’s financial statements as follows:
The site for the stadium project was sold to the Developer at its apprais1`1ed fair market value, or
$3,600,000, to be paid in 11 annual installments, the first of which was received in December 2010.
The site for the office project was sold to the Developer at its appraised fair market value, or
$4,400,000, to be paid in 11 annual installment, the first of which is due July 1, 2015.
Supplemental Land Payments will also be paid to the Unified Government by the developer, in an
aggregate amount equal to $18,000,000, less the amounts paid as noted above for the stadium and
office sites. The first payment is due July 1, 2015.
55
As of December 31, 2010, a note receivable for $17,454,545 has been recorded for all of the above
payments, net of a discount of $6,495,285. Revenue related to these land sales is recorded as a
Special Item on the Statement of Activities.
The agreement with Cerner imposes obligations on Cerner regarding construction of the office project
and the creation of jobs. In the event that certain of the payroll and job creation obligations of the
agreement are not met, the Developer has an obligation to pay the Unified Government an “Office
Payment Obligation” as defined in the Multi-Sport Stadium Specific Venture Agreement. This obligation
totals $30,410,610 (payable in 10 equal installments from 2017 to 2026). This amount has not been
recorded as a receivable in the Unified Government’s financial statements as of December 31, 2010,
as it is not yet determinable whether Cerner will meet the payroll and job creation obligations.
Payments owed to the Unified Government by the Developer as outlined above are guaranteed by the
entity that owns the Kansas City Wizards, as well as five individual guarantors who have control voting
rights to a majority of the outstanding stock of the Developer and the entity that owns the Kansas City
Wizards.
D.
Jointly governed organization
KCK Hotel Group, L.L.C. – The Unified Government is one of three parties who have invested in the
KCK Hotel Group, L.L.C. (KCK Hotel), which is responsible for the development, ownership and
operation of a downtown hotel, civic center and related facilities including an office building, garage and
adjoining common areas.
The Unified Government contributed $5,000,000, mostly from an
Empowerment Zone Grant from the Federal government, to obtain a 49.95% membership interest in
KCK Hotel. The Unified Government also provided a $6,040,000 loan to KCK Hotel, financed by a
Section 108 loan from the U.S. Department of Housing and Urban Development. The loan agreement
with KCK Hotel was entered into in February 2001, and calls for a repayment schedule based on a 25year amortization, with a balloon payment at the end of 20 years. The agreement provides credits of
$200,000 per year for 10 years. Beginning in 2003 and continuing through 2012, the Unified
Government is also providing debt service credits for 85% of the real estate taxes paid by the hotel.
Both credits effectively reduce the amount of the loan that the Unified Government can expect to be
repaid. Therefore due to this, and past operating performance of the hotel, at December 31, 2008 the
loan receivable from KCK Hotel was written down to $0 reflect the estimated loan payments to be
collected over the term of the loan. The other two members in KCK Hotel contributed funding in
accordance with the memorandum of understanding, and one also acts as the manager of KCK Hotel.
Gross receipts from hotel operations are used first for payment of operating expenses, then to fund an
equipment reserve, and finally for debt service requirements on the loan with the Unified Government.
KCK Hotel members receive distributions on their ownership interests only after all other payment
requirements have been met. In May 2004, the members of KCK Hotel entered into a new funding
agreement to provide additional infusions of funds to the hotel. The Unified Government has paid debt
service payments for the KCK Hotel’s Home Rule Bonds since December 2004. Similar additional
advances may be required in future years. In 2009, the remaining balance of the Home Rule Bonds
was refinanced with temporary notes issued by the Unified Government, which are included in the
balance of temporary notes on the governmental funds balance sheet.
Because KCK Hotel is a separate legal entity controlled by its three members, it is considered a joint
venture under accounting principles generally accepted in the United States of America. The Unified
Government’s $230,421 investment in this joint venture is recorded as a “net investment in joint
venture”. Separately issued financial statements for the joint venture are available from the Unified
Government at 701 North 7th Street, Kansas City, KS 66101
56
E.
Employee retirement systems and pension plans
There are five contributory defined benefit retirement plans covering substantially all of its employees.
The Unified Government was required to make contributions to four of the plans for the year ended
December 31, 2010.
KPERS and KP&F. Plan description. The Unified Government participates in the Kansas Public
Employees Retirement System (KPERS) and the Kansas Police and Firemen's Retirement System
(KP&F). Both are part of a cost-sharing multiple-employer defined benefit pension plan as provided by
K.S.A. 74-4901, et.seq. KPERS and KP&F provide retirement benefits, life insurance, disability income
benefits, and death benefits. Kansas law establishes and amends benefit provisions. KPERS and
KP&F issue a publicly available financial report that includes financial statements and required
supplementary information. Those reports may be obtained by writing to KPERS (611 S. Kansas
Avenue, Suite 100; Topeka, KS 66603-3803) or by calling 1-800-275-5737.
Funding Policy. K.S.A. 74-4919 law establishes the KPERS member-employee contribution rates.
Effective July 1, 2009 KPERS has two benefit structures and funding depends on whether the
employee is a Tier 1 or Tier 2 member. Tier 1 members are active and contributing members hired
before July 1, 2009. Tier 2 members were first employed in a covered position on or after July 1, 2009.
The KPERS member-employee contribution rates are 4% of covered salary for Tier 1 members and 6%
of covered salary for Tier 2 members. K.S.A. 74-4975 establishes KP&F member-employee
contribution rate at 7% of covered salary. The employer collects and remits member-employee
contributions according to the provisions of section 414(h) of the Internal Revenue Code. State law
provides that the employer contribution rates be determined annually based on the results of an annual
actuarial valuation. KPERS and KP&F are funded on an actuarial reserve basis. State law sets a
limitation on annual increases in the employer contribution rates. The KPERS employer rate
established by statute for 2010 was 7.14%. The Unified Government's contributions to KPERS for the
years ending December 31, 2010, 2009, and 2008 were $4,088,923, $3,730,995, and $3,591,442
respectively, equal to the statutory required contributions for each year. The KP&F uniform
participating employer rate established for fiscal years beginning in 2010 is 12.86% for Sheriff’s
department personnel and 15.09% for Police and Fire department personnel. Employers participating
in KP&F also make contributions to amortize the liability for past service costs, if any, which is
determined separately for each participating employer. The Unified Government's contributions to
KP&F for the years ending December 31, 2010, 2009, and 2008, were $8,861,752, $8,708,397, and
$8,373,447, respectively, equal to the statutory required contributions for each year.
BPU Plan. Plan Description. The Employees’ Retirement Pension Plan (the Plan) of the BPU is a
single employer, contributory defined benefit pension plan. The Plan issues a publicly available
financial report that includes financial statements and required supplementary information. This report
may be obtained from the Board of the Pension Trustees of the Employees’ Retirement Pension Plan
(Board). The Plan is governed by State Statutes which in essence provide for the establishment of a
Board of Pension Trustees and provides authorization for the Plan to take control and custody of all
assets, property, and funds presently held, controlled, and in the possession of the Plan’s Board of
Pension Trustees. The BPU does not act in a fiduciary or trustee capacity for the Plan and, as such, the
Plan’s financial activities are not reported in the BPU combined financial statements. The BPU’s total
payroll for the year ended December 31, 2010 was approximately $49,254,000 of which approximately
$48,886,000 was payroll of Plan participants.
BPU employees who retire at or after age 55 are entitled to an annual retirement benefit, payable
monthly for life, in an amount equal to 2.2% of their average salary multiplied by the years of credited
service through December 31, 2003, and 1.8% of their average salary multiplied by the years of
credited service after December 31, 2003. On January 1 of each year after retirement, the monthly
benefit is increased by 3%, prorated for the number of months in the first retirement year. The Plan also
provides death benefits. The benefit provisions and all other requirements are established by State
Statutes.
57
Beginning January 1, 2010, all employees were eligible to participate in the plan. The contribution rate
for the BPU and the employees will be increased from 5.5% to 8.5% of pensionable wages.
Effective January 1, 2010, for employees hired on or after January 1, 2010, normal retirement is
defined as age 65 with completion of 5 years of creditable service, or age 60 with 30 years of creditable
service. The pension is equal to 1.5% of the sum of the member’s pensionable wages during each
year. Before attaining age 65 with 5 years of creditable service or age 60 with 30 years of creditable
service, a member can receive an early retirement benefit at age 55 with 10 years of creditable service.
Funding Policy. Funding is provided by contributions from Plan members and the Board based on
rates established by the Board of Pension Trustees.
Total contributions were $8,309,526 for the year ended December 31, 2010. Of the total contributions,
the BPU contributed $4,154,763 (8.5% of current covered payroll), and the Plan participants
contributed $4,154,763 (8.5% of current covered payroll).
Three-year Trend Information
Fiscal Year Ending
December 31, 2008
December 31, 2009
December 31, 2010
Annual
Pension Cost
$ 3,267,424
7,530,892
5,465,187
Percentage of
APC Contributed
88.07%
43.75
76.02
Net Pension
Obligation (Asset)
$
335,579
4,571,395
5,881,819
The annual pension cost and net pension asset as of December 31, 2010 is as follows:
Annual required contribution
Interest on net pension obligation
Adjustment to annual required contribution
Annual pension cost
2010
$ 5,351,899
365,712
(252,424)
5,465,187
Contributions made
Increase in net pension obligation
Net pension obligation, beginning of year
Net pension obligation, end of year
4,154,763
1,310,424
4,571,395
$ 5,881,819
58
The information presented in the required supplemental information was determined as part of the
actuarial valuations as of the dates indicated. Additional information as of the latest actuarial valuation
follows:
Valuation date
Actuarial cost method
Amortization method
Remaining amortization period
Asset valuation method
Actuarial assumptions:
Investment rate of return
Inflation rate assumption
Projected salary increase based on age:
January 1, 2010
Entry age
Level percent closed
30 years
Average adjusted asset method
8.00%
3.25%
Age
25
70
Salary Scale
6.5%
4.5%
Funding Status and Funding Progress
The funding progress schedule as of January 1, 2010, 2009, and 2008 is as follows (dollars are in
millions):
Actuarial
Actuarial valuation
date, January 1
2008
Actuarial
value of
accrued
liability
assets
(AAL)
$ 444.0
$ 405.1
Unfunded
Funded
(overfunded)
AAL
UAAL as a
Covered
percentage
of covered
payroll
ratio
(UAAL)
payroll
109.6%
$(38.9)
47.4
(82.1)%
2009
410.9
432.8
94.9
21.9
50.1
43.7
2010
427.6
448.6
95.3
21.0
49.4
42.5
Actuarial Methods and Assumptions
An asset smoothing method is used in the actuarial valuation process. Gains/losses on the market
value of assets are recognized equally over an eight year period. Gains and losses are calculated
based on the excess/ (shortfall) of the actual market value of assets compared to the expected value of
assets, had the actuarial assumed rate been met exactly.
The plan is funded through equal BPU Board and member contributions for future service benefits.
The balance of the actuarial present value of service retirement pensions, plus death benefits and
termination benefits to the level of employee contributions, plus an allowance for expenses is funded
through future BPU Board and member contributions related to annual compensation. The actuarial
contribution rate for these benefits is funded by the entry age method.
In addition to depending upon the actuarial method used, actuarial cost estimates depend to an
important degree on the assumptions made relative to various occurrences, such as rate of expected
investment earnings by the fund, rates of mortality among active and retired employees and rates of
termination from employment.
The schedule of funding progress, presented as required supplmentary information following the notes
to the financial statements, presents multiyear trend information about whether the actuarial value of
plan assets is increasing or decreasing over time relative to the actuarial accrued liabilties for benefits.
59
Unified Government Plan. In 1962, certain individuals elected not to participate in KPERS. Currently,
there are 2 remaining retirees or their spouses receiving benefits under the prior plan maintained by the
Unified Government. There are no employees contributing to the plan. The most recent actuarial study
was prepared in 1998 and estimated total payments for 2011 through 2030 to be approximately
$305,153. The Unified Government has made no provision to fund these payments but includes an
estimate of the annual expense in the general fund budget. Payments made to plan retirees for the
year ended December 31, 2010 were $38,366. This future payable is included with long-term debt.
F.
Other Postemployment Benefits Other Than Pensions
1. UG Plan.
Plan Description. The Unified Government sponsors a single-employer defined benefit healthcare
plan that offers lifetime benefits to retirees and their dependents including medical, dental and vision.
Retiree health care coverage to age 65 is mandated under Kansas Statute 12-5040. The UG also
offers coverage past age 65 that is secondary to Medicare. Retired employees who do not meet the
following employer paid retiree coverage criteria may elect to continue coverage at the retired
employee’s own expense.
Employees must qualify for “unreduced” retirement under either KPERS or KP&F. Also, coverage due
to disability retirement is available for qualifying individuals at any age who meet the requirements of
KPERS or KP&F. A retiree may not enroll in medical coverage after once declining coverage. Dental
and vision coverage are available each open enrollment whether or not a prior declination has
occurred.
Additionally, employees that elected to retire under an early retirement offer receive direct subsidies off
of the normal retiree premium rate to age 65. This direct subsidy ended for anyone not electing
retirement by January 31, 2010. Employees not receiving a subsidy are required to pay blended
premium rates to maintain coverage.
The Plan does not issue separate financial statements.
Funding Policy
GASB Statement 45 does not require the funding of the OPEB liability. Medical and dental benefits are
self-funded with a stop-loss for medical. The funding policy of the UG is to pay claims, administrative
costs and stop-loss premiums as they are due through an internal service fund. This arrangement
does not qualify as an “OPEB Plan” under GASB 45 requirements and thus cannot be treated as
holding assets for GASB reporting.
Unless an early retirement direct subsidy applies, participants must contribute full blended premiums to
maintain coverage. The full premium amounts (on a monthly basis) that applied for 2010 ranged from
$325 to $441, depending on retiree age and marital status. Retirees who meet stipulated age and
service criteria receive a subsidy off the full premiums. The subsidy applies to retiree medical coverage
to age 65. It does not apply to dental or vision, nor does it apply to dependent coverage except when a
qualifying retiree elects the 50%-family paid option. Other subsidy levels include the 75%-single paid
and 100%-single paid options. The subsidy is not available to employees terminating due to disability
retirement. The subsidy for pre-65 medical coverage ended for those eligible employees not electing
retirement by January 31, 2010.
Annual OPEB Cost and Net OPEB Obligation
The Unified Government’s annual OPEB cost (expense) is calculated based on the annual required
contribution of the employer (ARC), an amount actuarially determined in accordance with the
parameters of GASB Statement 45. The ARC represents a level of funding that, if paid on an ongoing
basis, is projected to cover normal cost each year and amortize any unfunded actuarial liabilities over a
60
period not to exceed thirty years. The following table shows the components of the annual OPEB cost
for the year, the amount actually contributed to the plan, and changes in the net OPEB obligation.
Primary Government
Other Post Employment Benefits
1. Annual OPEB Cost for 2010
Normal Cost
Amortization of Unfunded Actuarial Accrued Liability
Annual Required Contribution (ARC)
Interest on Net OPEB Obligation
Adjustment to the ARC
Annual OPEB Cost
Contribution made
Increase in Net OPEB Obligation
2. Employer Contributions for 2010
Claims + Admin Paid on Behalf of Retirees
Retiree Contributions
Net Employer Contributions
$
$
$
$
8,551,482
10,014,233
18,565,715
1,777,534
(2,471,033)
17,872,216
(1,948,811)
15,923,405
3,824,582
(1,875,771)
1,948,811
3. Schedule of Employer Contributions
Year
2010
2009
2008
Net Employer
Annual OPEB Cost
Contributions
$
17,872,216 $
1,948,811
18,320,355
2,331,243
16,573,084
1,802,760
4. Net OPEB Obligation at 12/31/10
Beginning balance at 12/31/09
Net increase for 2010
Balance at 12/31/10
Percentage
Contributed
10.90%
12.70%
10.88%
Net OPEB
Obligation
$
60,361,737
44,438,332
28,449,222
$
$
44,438,332
15,923,405
60,361,737
Funded Status and Funding Progress
As of January 1, 2009, the most recent actuarial valuation date, the plan was not funded. The actuarial
accrued liability for benefits was $180,093,054, and there was no actuarial value of assets, resulting in
an unfunded actuarial accrued liability (UAAL) of $180,093,054. The covered payroll (annual payroll
active employees covered by the plan) was $108,598,490, and the ratio of the UAAL to the covered
payroll was 165.8%.
Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and
assumptions about the probability of occurrence of events far into the future. Examples include
assumptions about future employment, mortality, and the healthcare cost trend. Amounts determined
regarding the funded status of the plan and the annual required contributions of the employer are
subject to continual revision as actual results are compared with past expectations and new estimates
are made about the future. The schedule of funding progress, presented as required supplementary
information following the notes to the financial statements, presents multiyear trend information about
61
whether the actuarial value of plan assets is increasing or decreasing over time relative to the actuarial
accrued liabilities for benefits.
Actuarial Methods and Assumptions
Projections of benefits for financial reporting purposes are based on the substantive plan (the plan as
understood by the employer and the plan members) and include the types of benefits provided at the
time of each valuation and the historical pattern of sharing of benefit costs between the employer and
plan members to that point. The actuarial methods and assumptions include techniques that are
designed to reduce the effects of short-term volatility in actuarial accrued liabilities and the actuarial
value of assets, consistent with the long-term perspective of the calculations.
In the January 1, 2009 actuarial valuation, the projected unit credit actuarial cost method was used.
The actuarial assumptions included a 4.0% investment rate of return, which is a blended rate of the
expected long-term investment returns on the employer’s own investments, calculated based on the
funded level of the plan at the valuation date. Other assumptions included an annual healthcare cost
trend rate of 10.0% initially, reduced by decrements to an ultimate rate of 5.5% after ten years. The
UAAL is being amortized in level dollar amounts on an open basis over thirty years. The remaining
amortization period at December 31, 2010 was 26 years.
The following are the major assumption changes in the January 1, 2009 actuarial valuation since the
last valuation date: a) the healthcare trend rate noted above was previously 9% initially, reduced by
decrements to an ultimate rate of 6.0% after seven years, b) partipants electing coverage due to
disability retirement are assumed to cost 1.5 times greater than non-disabled retirees, c) the turnover
rates and retirement age assumptions were updated to reflect the latest statistics from KPERS and
KP&F pension valuations, and d) the assumed portion of future retirees with a covered spouse was
lowered from 50% to 40%.
2.BPU Plan.
Plan Description. The BPU provides certain postemployment health care and life insurance benefits
to eligible retirees and their dependents in accordance with provisions established by the BPU’s Board.
The plan is a single-employer defined benefit healthcare plan administered by the BPU. The plan does
not issue separate financial statements. Employees are given a 90-day window to retire with medical
coverage at ages 55 and above with 7 consecutive years of service. The retiree plan is a
comprehensive major medical plan with a $100 deductible per individual or $200 per family. For
individuals, the plan pays 80% of the next $12,500 of allowable charges and 100% thereafter for the
remainder of that calander year. For families, the plan pays 80% of the next $25,000 of allowable
charges and 100% thereafter for the remainder of that calendar year. The plan has a lifetime maximum
of $750,000. Benefits cease at the first of the month that the retired employee attains age 65 or death.
Spouse benefits end at the first of the month that the retired employee attains age 65, the end of the
month of the retiree’s death, or the spouse’s date of death. Retirees are not required to contribute
toward the cost of the postretirement benefits. There were 470 participants eligible to receive benefits
under this plan as of December 31, 2010.
Funding Policy
The contribution requirements of plan members and the BPU are established and can be amended by
the BPU’s Board. Contributions are made to the plan based on a pay-as-you-go basis. For the year
ended December 31, 2010, the BPU paid $3,232,258 for retirees.
Annual OPEB Cost and Net OPEB Obligation
The BPU’s annual OPEB expense is calculated based on the annual required contribution of the
employer (ARC), an amount actuarially determined in accordance with the parameters of GASB
62
Statement No. 45. The ARC represents a level of funding that, if paid on an ongoing basis, is projected
to cover normal cost each year and amortize any unfunded actuarial liabilities (or funding excess) over
a period of 30 years. The BPU’s annual OPEB cost, percentage of annual OPEB cost contributed to
the plan, and the net OPEB obligation for 2008-2010 are as follows:
Annual OPEB
Percentage of
annual OPEB
Cost
contributed
Net OPEB
December 31, 2010
$3,486,959
93%
$2,538,871
December 31, 2009
3,419,261
86%
2,284,170
December 31, 2008
3,184,481
86%
1,804,487
Fiscal year ended:
The following table shows the components of BPU’s annual OPEB cost for the year, the amount
actually contributed to the plan, and changes in the BPU’s net OPEB obligation:
Normal costs
$
1,678,567
Amortization payment
1,812,126
Annual required contribution (ARC)
3,490,693
Amortization of net OPEB obligation
(95,101)
Interest on net OPEB obligation
91,367
Annual OPEB cost
3,486,959
Annual employer contribution
(3,232,258)
Increase in OPEB obligation
254,701
Net OPEB obligation - beginning of year
2,284,170
Net OPEB obligation - end of year
$ 2,538,871
The funded status of the plan as of December 31, 2010 is as follows:
Actuarial accrued liability (AAL)
$42,092,535
Actuarial value of plan assets
$
Unfunded actuarial accrued liability (UAAL)
$42,092,535
Funded ratio
-%
Covered payroll
$48,886,000
UAAL as percentage of covered payroll
86.10%
Actuarial Methods and Assumptions
Actuarial valuations for an ongoing plan involve estimates fo the value of reports amounts and
assumptions about the probability of occurrence of events far into the future. Examples include
assumptions about future employment, mortality, and the healthcare cost trend. Amounts determined
regarding the funded status of the plan and the annual required contributions of the employer are
63
subject to continual revision as actual results are compared with past expectations and new estimates
are made about the future. The schedule of funding progress, presented as required supplementary
information following the ntoes to the financial statements, presetns multiyear trend information about
whether the actuarial value of plan assets is increasing or decrasing over time relative to the actuarial
accrue dliabiliteis for benefits.
Projections of benefits for financail reporting pruposes are based on the substantive plan (the plan as
understood by the employer and the planmenets) and include benefits provided at the time of each
valuation date and the historical patter of sharing benefit costs between the employer and plan member
to that point. The acuarial methods used niclude techniques that are designed to reduce theeffects of
short-term volatiility in acuarial accrued liabilities and the actuarial value of plan assets, consisten with
the long-term perspective of the calculations. The valuation of the liabilities is based on a closed group.
In the actuarial valuation as of December 31, 2010, the projected unit credit actuarial cost method was
used. The valuation of liabilities is based on a closed group. The actuarial assumptions included a
4.0% projected investment rate of return and an annual healthcare cost trend of 8.0% initially, reduced
by decrements to an ultimate rate of 5.0% after seven years. The projected salary increase is 2.5%.
The unfunded actuarial accrued liability is being amortized over 30 years as a level percent of payroll.
G.
Economic Condition
As described in Notes III.F. and IV.F., the Unified Government has significant long-term liabilities for
compensated absences and other post-employment benefit obligations (OPEB). These obligations are
two of the primary factors in the resulting deficit in unrestricted net assets for governmental activities
recorded on the Statement of Net Assets. The annual increase in the net OPEB obligation has
averaged over $15 million for the last three years, with similar annual increases anticipated for future
years.
This increase was due in part to a retirement-incentive program offered to employees, between the
ages of 53 and 65 and eligible for retirement. This incentive resulted in 110 employees choosing early
retirement between 2009 and 2010. Although the program increases post-employment benefits, the
associated employee reduction results in both significant short and long-term operating cost savings.
The payment of health insurance by the government is no longer offered for employees in this age
category.
As of the most recent actuarial valuation for OPEB, the unfunded actuarial liability was approximately
$180 million, which means that the Unified Government does not currently have enough assets to
provide all the benefits earned by employees under the OPEB plan and to pay off the unfunded liability
during the adopted amortization period ending in 2036. Accounting standards do not require the
unfunded actuarial liability to be recorded in the financial statements; therefore, it is not included in the
Statement of Net Assets. For more information on the unfunded actuarial liability, see Note IV.F.
Both of these obligations will be liquidated primarily by General Fund resources. General Fund
revenues accounted for approximately 64% of all governmental fund revenues for the year ended
December 31, 2010. General Fund revenue sources such as property taxes and sales taxes are
affected by general economic conditions, and the Unified Government, like many other entities, has
experienced economic challenges in recent years. There is at least a reasonable possibility that
continued growth in compensated absences, and especially the net OPEB obligation, could result in
increases to the deficit in unrestricted net assets for governmental activities in future years.
To reduce future OPEB expenses, management intends to move forward with a review and revision of
personnel policies for new hires. This review will examine and modify the various accrued leave
benefits that impact the liabilities for compensated absences.
Further, the Unified Government expects significant strengthening of General Fund revenues during the
next seven-year period. The completion of a destination casino, projected in 2012, will generate over
64
$7 million dollars in various tax revenues on an annual basis. The expected retirement of STAR bonds,
currently projected in 2017, will increase local sales tax revenues by approximately $12-$15 million
annually.
H.
Subsequent Events
In February of 2011, the Unified Government issued $18,500,000 in general obligation improvement
bonds (Series 2011-A); $645,000 in tax-exempt general obligation improvement bonds (Series 2011-B,
County capital projects); and $2,570,000 taxable general obligation improvement bonds. Series 2010
A, a 20-year issue, had yields ranging from 0.8% to 4.85% with an overall rate of 4.3%. Series 2010-B
was a 5-year issue with yields ranging from 1% to 2.5%, with an overall interest rate of 2.2%. Series C
is a 15-year issue with yields ranging from 1.1% to 5.5%, and having an overall interest rate of 4.7%.
Also in February of 2011, the government issued $40,470,000 of tax–exempt temporary notes (Series
2011-I) with a maturity of March 1, 2012 at an interest rate of 0.4%. The final February 2011 financing
was a taxable series of temporary notes (Series 2011-II), with a March 1st 2012 maturity, for $3,020,000
with a yield of 1%.
In May of 2011 two additional temporary note financings were concluded. Series 2011-III is a 2-year
taxable financing for $4,315,000 with a true interest cost 1.1%. Series 2011-IV is a short-term financing
for $360,000 that matures on March 1st of 2012 at an interest rate of 0.4%.
Two final financings for the Unified Government were completed in May of this year. The first was a 5year lease for $1,240,000 for theater equipment upgrades at a fixed rate of 4.5%. The second is a 4year refinance of the Prescott TDD for $1,930,000 with a fixed 4% interest rate.
In May 2011, the Unified Government issued $90 million in utility system improvement and refunding
revenue bonds (Series 2011-A) for the Board of Public Utilities, with yields ranging 0.9% to 5.2% over a
25-year period. The final true interest cost for this issue was 4.6%. This financing includes $82 million
for environmental upgrades and the installation of advanced meter reading and infrastructure for both
electric and water utilities. The financing also included $8 million in refunding of 1998 Utility System
improvement bonds.
In May 2011, the BPU plans to issue approximately $82 million of bonds to finance improvements
primarily for environmental upgrades to existing power generation stations and installations of
automated meter reading (AMR) and Advanced Metering Infrastructure (AMI) for both electric and
water utilities. This debt is estimated to have an average copuon interest rate of 5.09% and is expected
to be repayable through 2036. Also, BPU expects to issue approximately $8 million of bonds to refund
maturities of the outstanding 1998 Utility System Improvement revenue bonds.
65
REQUIRED SUPPLEMENTARY INFORMATION
Board of Public Utilities
Schedule of Funding Progress
December 31, 2010
(Dollars in millions)
Acturial Valuation
date, Jan 1
2008 - Pension
2009 – Pension
2010 – Pension
Actuarial
value of
assets
$444.0
410.9
427.6
Actuarial
accrued
liability (AAL)
$405.1
432.8
448.6
Funded
Ratio
109.6%
94.9
95.3
Unfunded
(overfunded)
AAL(UAAL)
$(38.9)
21.9
21.0
Covered
payroll
$47.4
50.1
49.4
2008-Postretirement
$-
$42.6
-%
$42.6
$49.4
86.23%
2009- Postretirement
-
43.5
-
43.5
49.3
86.28
2010-Postretirement
-
42.1
-
42.1
48.9
86.10
UAAL as a
percentage of
covered payroll
(82.1)%
43.7
42.5
Unified Government
Schedule of Funding Progress
December 31, 2010
(Dollars in millions)
Acturial
Valuation date,
Jan 1
Actuarial
value of
assets
Actuarial
accrued
liability (AAL)
Funded
Ratio
Unfunded
(overfunded)
AAL(UAAL)
Covered
payroll
UAAL as a
percentage of
covered payroll
2007
2009
$0
0
$145.4
180.0
0%
0
$145.4
180.0
$113.8
108.6
127.8%
165.8
66
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
GOVERNMENTAL FUNDS
The General Fund is the principal operating fund containing all activity not required to be reported in a
separate fund. This fund accounts for revenues and expenses that were formally City and County
operations. Revenues are received from taxes, fees, intergovernmental revenue, rents and other
sources. Expenses support general operations including court programs, public safety, public works,
facilities maintenance, economic development and administrative functions. Financing for the purchase
of capital equipment and projects not debt financed are also included.
The Capital Projects Fund is funded almost entirely by the issuance of debt and only incidentally from
reimbursements and transfers in from other funds. Expenses are tracked by projects which usually are
construction/reconstruction but also include settlement of claims which are financed by debt.
Statements for these major governmental funds are included in the Basic Financial Statements found in
the Financial Section of this document. A comparative budgetary schedule of the General Fund is
presented here. As a legal operating budget for the Capital Projects Fund is not required, a budgetary
schedule is not included in this document.
NONMAJOR GOVERNMENTAL FUNDS
Special Revenue Funds:
The primary source of revenue of these funds is governmental allocations or special taxes.
The Appraisal Fund provides support of activities related to evaluating and assigning market valuation
to all property within Wyandotte County in accordance with Kansas State Statutes.
The American Recovery & Reinvestment Act Fund, commonly referred to as the “Stimulus Act” is a
Federal government initiative to stimulate the United States economy through grants from across the
spectrum of Federal government agencies. Public Safety, Public Works, Transportation and
Community Development are the largest areas of funding to the Unified Government, but grant
opportunities span virtually every area of Unified Government business.
The Arts Grants Fund expends funding for arts programs and projects that promote appreciation,
participation and education provided by the Kaw Valley Arts and Humanities, Inc. and the Children’s
Museum.
The Auto License Fund operates the Motor Vehicle Department responsible for collection of
registration fees, sales taxes, personal property taxes and other fees associated with registration of
vehicles as per regulations of the Kansas Department of Revenue. A legal operating budget for this
fund is not required; therefore, a budgetary schedule is not included in this document.
The Community Development Fund is the Unified Government’s entitlement grant from the U.S.
Department of Housing and Urban Development (HUD). Federal regulation requires this fund be used
to support services and activities to the benefit of “low and moderate” income households or areas of
the city and county requiring special attention.
The Court Trustee Fund supports the Court Trustee Office in providing services to children by
establishing or enforcing court orders. All generated revenue is used to pay for child support
enforcement activities.
67
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
NONMAJOR GOVERNMENTAL FUNDS
(continued)
Special Revenue Funds (continued):
The Elections Fund, established to account for the administration of community-wide elections in
Wyandotte County.
The Enhanced Enterprise Loans Fund combines an Economic Development Initiative grant with
Section 108 loans to enable commercial investment in a designated zone of the City. A legal operating
budget for this fund is not required; therefore, a budgetary schedule is not included in this document.
The Extension Council Fund supports administration in providing researched-based information
concerning community development, agriculture and economics developed by Kansas State University
and reporting problem areas related to these programs back to the University.
The Fair Building Fund provides for construction and maintenance of fair association buildings.
The Health Department Fund provides funding to support the County Health Department operations
and capital expenditures for county health purposes.
The Historical Museum Fund accounts for the operations of the Wyandotte County Historical Society
and Museum.
The Jail Commissary Fund was established to record the sales to inmates of clothing, food and
personal products.
The Library Fund collects library taxes to support the services of the Kansas City, Kansas Public
Library.
The Mental Health Fund disburses funds for a variety of community mental health services provided
by contracted, nonprofit corporations.
The Mental Retardation Fund provides funds to support mental health or mental retardation services.
The Parks Fund provides funding for operations, maintenance and recreational activities within county
parks.
The Register of Deeds Technology Fund, created in 2002 by state statute, is used to account for
revenues and expenses received from specified fees charged by the Register of Deeds. Moneys are
required to be used “to acquire equipment and technological services for the storing, recording,
archiving, retrieving, maintaining and handling of data recorded or stored in the office.”
The Special Sales Tax Fund was established on July 1, 2010 to pay for Public Safety Services and
Neighborhood Infrastructure. The Public Safety services are provided by the Kansas City, Kansas
Police & Fire Departments. The source of revenue is a 10-year 3/8th cent sales tax, which was passed
by Kansas City, Kansas voters on April 13, 2010.
68
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
NONMAJOR GOVERNMENTAL FUNDS
(continued)
Special Revenue Funds (continued):
The Service Program for the Elderly Fund provides services for those citizens age 60 and over such
as: senior centers, transportation, education, and health-related concerns.
The Soil Conservation Fund establishes moneys to support the activities of the Board of Supervisors
of the Conservation District, a self-governed state sub-division administered by a five-member board of
elected supervisors.
The Solid Waste Fund is used to accumulate resources for future landfill costs. A legal operating
budget for this fund is not required; therefore, a budgetary schedule is not included in this document.
The Special 911 Tax Fund provides for the purchase of 9-1-1 emergency related equipment and
telephone services. Revenues are comprised of monthly service fees collected by the local telephone
company and remitted to the Unified Government.
The Special Alcohol Programs Fund includes two separate fund programs:
The Special Alcohol Program Grant Program receives its funding from a portion of the
Government’s liquor tax moneys. Expenditures are restricted to providing services and/or
programs for alcohol abuse prevention, treatment or education.
The Alcohol Diversion Program is funded through collection of fines from persons found in
violation of driving under the influence of alcohol, K.S.A. 8-1567. Again, expenditures are used
to fund community services targeting alcohol related programs.
The Special Grants Fund accounts for grant revenues and related expenditures in the areas of Law
Enforcement, Supportive Housing, Aging, Health, Community Correction, District Court, District
Attorney, and other grants. A legal operating budget for this fund is not required; therefore, a budgetary
schedule is not included in this document.
The Special Law Enforcement Fund obtains revenues from drug related court forfeitures and
confiscated property. Expenditures are restricted to drug enforcement related programs.
The Special Parks and Recreation Fund supports designated park improvement projects. Revenues
for this fund are generated from a portion of liquor sales receipts within the Unified Government.
The Special Street and Highway Fund finances road improvement, development and maintenance.
Revenues are generated primarily from motor fuel taxes collected by the State.
The Tourism and Convention Promotion Fund receives its revenue from transient guest taxes levied
on hotel and motel lodging within the city. These moneys are apportioned to the Chamber of
Commerce, maintenance and repair of the Reardon Civic Center, and a hotel reserve fund for future
hotel development.
69
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
Debt Service Funds:
The Debt Service Fund, also known as the Bond and Interest Fund, is responsible for servicing the
annual principal and interest payments on outstanding debt issued by the Unified Government. These
bonds fund major capital improvement and maintenance projects. The primary source of revenue for
this fund is from Ad Valorem Property Taxes. Segregation is maintained between debt supported by
the boundaries of the City and debt supported by the County-at-large.
The Economic Development Sales Tax Fund was established to record debt service payments and
revenues related to completed STAR bond and TDD financed projects.
Capital Project Fund:
The County Initiative to Fund Infrastructure fund finances infrastructure projects that benefit all of
the cities in the county.
70
This page intentionally left blank
71
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
As of December 31, 2010
Special Revenue
Community
Development
AR&RA
Court
Trustee
Elections
ASSETS
Cash and investments
$
-
$
-
$
722,676
$
697,907
Restricted cash and investments
-
154,786
-
-
Receivables (net of uncollectible)
Taxes
Accounts
Notes
Interest
Special assessments
Due from other funds
Due from other governments
67,430
-
120,494
-
-
904,549
-
TOTAL ASSETS
$
67,430
$
275,280
$
722,676
$
1,602,456
$
189,117
75,426
880,902
-
$
142,683
20,161
34,378
734,089
14,464
120,494
$
2,374
6,972
-
$
26,978
10,237
497
4,582
904,549
LIABILITIES
Accounts and contracts payable
Accrued wages and other
Due to others
Due to other funds
Due to other governments
Deferred revenue
TOTAL LIABILITIES
1,145,445
1,066,269
9,346
946,843
1,506,021
-
2,076,321
-
-
86
-
(2,584,036)
(2,867,310)
713,330
655,527
(1,078,015)
(790,989)
713,330
655,613
FUND BALANCE
Reserved for encumbrances
Reserved for alcohol diversion program
Unreserved fund balance
Undesignated
TOTAL FUND BALANCE
TOTAL LIABILITIES AND FUND BALANCE
$
72
67,430
$
275,280
$
722,676
$
1,602,456
continued
Special Revenue
Enhanced
Enterprise
Loans
$
Health
Department
3
Jail
Commissary
$ 1,389,889 $
202,510
Mental
Health
Library
$
410,834
$
174,448
-
-
-
-
-
-
1,615,718
100
27,394
-
-
1,695,849
1,785
-
350,830
-
$
3
$ 3,033,101 $
202,510
$ 2,108,468
$
-
$
$
525,278
116,240 $
1,695,849
26,394
350,830
55,251 $
44,270
78
1,615,718
11,927
-
-
1,715,317
11,927
1,812,089
377,224
-
7,214
-
8,880
-
-
-
-
-
3
1,310,570
181,703
296,379
148,054
3
1,317,784
190,583
296,379
148,054
3
$ 3,033,101 $
202,510
$ 2,108,468
73
$
$
$
525,278
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS - continued
As of December 31, 2010
Special Revenue
Mental
Retardation
Special
Sales Tax
2010
Register of
Deeds Tech
Parks
ASSETS
Cash and investments
$
403,441
$
32,321
$
123,152
$
456,351
Restricted cash and investments
-
-
-
-
Receivables (net of uncollectible)
Taxes
Accounts
Notes
Interest
Special assessments
Due from other funds
Due from other governments
331,809
-
1,547,032
1,975
-
535
-
940,375
-
$
735,250
$ 1,581,328
$
123,687
$ 1,396,726
$
2,440
4,303
263
331,809
$
$
-
TOTAL ASSETS
LIABILITIES
Accounts and contracts payable
Accrued wages and other
Due to others
Due to other funds
Due to other governments
Deferred revenue
TOTAL LIABILITIES
1,326
32,270
1,547,032
$
6,550
60,000
-
338,815
1,580,628
-
66,550
-
-
1,869
100,000
-
-
-
-
396,435
700
121,818
1,230,176
396,435
700
123,687
1,330,176
735,250
$ 1,581,328
123,687
$ 1,396,726
FUND BALANCE
Reserved for encumbrances
Reserved for alcohol diversion program
Unreserved fund balance
Undesignated
TOTAL FUND BALANCE
TOTAL LIABILITIES AND FUND BALANCE
$
74
$
continued
Service
Program for
the Elderly
$
Special
911 Tax
166,274
$
Special Revenue
Special
Alcohol
Programs
859,614
$
Special Law
Enforcement
Program
Special
Grants
342,374
$ 2,433,511 $ 2,699,672
-
-
2,020
-
-
958,441
40
-
89,400
90
-
-
2,000
36,977
-
-
$ 1,124,755
$
949,104
$
344,394
$
$
73,912
-
$
5,251
3,573
36,977
-
48,045
20,895
958,441
$ 2,472,488 $ 2,699,672
$
483,016
142,838
128,683
-
$
421,416
283,969
-
1,027,381
73,912
45,801
754,537
705,385
-
5,563
-
1,420
179,712
1,777,599
-
11,960
-
97,374
869,629
117,461
97,374
875,192
298,593
$ 1,124,755
$
949,104
$
344,394
75
(59,648)
1,717,951
1,982,327
1,994,287
$ 2,472,488 $ 2,699,672
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS - continued
As of December 31, 2010
Special
Parks and
Recreation
Special Revenue
Tourism and
Convention
Program
Special
Street and
Highway
Solid
Waste
Total
ASSETS
Cash and investments
$
408,820
$
818,551
$
6,054
$
922,416
13,270,818
Restricted cash and investments
-
-
-
-
156,806
Receivables (net of uncollectible)
Taxes
Accounts
Notes
Interest
Special assessments
Due from other funds
Due from other governments
-
59,826
-
187,506
150,935
4,007
-
8,434,003
155,140
535
5,792
120,494
191,627
187,506
TOTAL ASSETS
$
408,820
$
878,377
$
193,560
$
$
22,546
3,644
-
$
118,556
108,491
-
$
-
$
1,077,358 $ 22,522,721
LIABILITIES
Accounts and contracts payable
Accrued wages and other
Due to others
Due to other funds
Due to other governments
Deferred revenue
TOTAL LIABILITIES
597,510
-
2,323,812
442,136
350,695
1,867,805
19,046
7,524,722
26,190
227,047
-
597,510
12,528,216
209,487
-
336,354
-
179,690
480,291
-
6,523,065
359,402
173,143
314,976
13,870
382,630
651,330
193,560
FUND BALANCE
Reserved for encumbrances
Reserved for alcohol diversion program
Unreserved fund balance
Undesignated
TOTAL FUND BALANCE
TOTAL LIABILITIES AND FUND BALANCE
$
408,820
76
$
878,377
$
193,560
(443)
479,848
$
3,112,038
9,994,505
1,077,358 $ 22,522,721
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS - continued
As of December 31, 2010
Debt Service
Economic
Debt Service
Development
Fund
Fund
Capital Projects
Total Nonmajor
Governmental Funds
County Initiative To
Fund Infrastructure
2010
$
$
ASSETS
Cash and investments
3,376,922
$
-
21,379
$
16,669,119
Restricted cash and investments
-
12,397,874
-
12,554,680
Receivables (net of uncollectible)
Taxes
Accounts
Notes
Interest
Special assessments
Due from other funds
Due from other governments
15,868,430
304,336
12,452
345,676
-
-
-
24,302,433
459,476
535
18,244
466,170
191,627
187,506
TOTAL ASSETS
$ 19,907,816 $ 12,397,874 $
21,379
$
54,849,790
-
$
2,323,812
442,136
631,607
1,927,301
19,046
23,659,344
LIABILITIES
Accounts and contracts payable
Accrued wages and other
Due to others
Due to other funds
Due to other governments
Deferred revenue
TOTAL LIABILITIES
$
- $
280,912
59,496
16,134,622
-
$
16,475,030
-
-
29,003,246
-
-
16,828
-
6,539,893
359,402
3,432,786
12,397,874
4,551
18,947,249
3,432,786
12,397,874
21,379
25,846,544
FUND BALANCE
Reserved for encumbrances
Reserved for alcohol diversion program
Unreserved fund balance
Undesignated
TOTAL FUND BALANCE
TOTAL LIABILITIES AND FUND BALANCE
$ 19,907,816 $ 12,397,874 $
77
21,379
$
54,849,790
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCE
NONMAJOR GOVERNMENTAL FUNDS
For the Year Ended December 31, 2010
Special Revenue
Community
Development
AR&RA
REVENUES
Taxes
Intergovernmental revenue
Charges for services
Fines, forfeitures and penalties
Interest income
Licenses, permits and fees
Miscellaneous revenues
$
4,814,543
8,058
1,958
$
Court
Trustee
Elections
18,343 $
3,364,350
(7,926)
64,686
396,851
-
$ 1,049,700
6,299
-
TOTAL REVENUES
4,824,559
3,439,453
396,851
1,055,999
EXPENDITURES
General government
Public works
Public safety
Judicial
7
755,257
641,626
-
59,033
-
1,296
362,107
1,134,738
-
3,540,612
419,512
3,434,821
22,684
-
-
-
270,000
144,087
11,839
-
-
5,357,014
3,942,464
363,403
1,134,738
Transfers in
Transfers out
Issuance of refunding bonds
Payments on refunded bonds
-
-
-
-
TOTAL OTHER FINANCING SOURCES (USES)
-
-
-
-
Health and welfare
Planning and development
Parks and recreation
Capital Outlay
Debt service
Principal
Interest
Other
TOTAL EXPENDITURES
OTHER FINANCING SOURCES (USES)
NET CHANGE IN FUND BALANCE
(532,455)
(503,011)
33,448
(78,739)
FUND BALANCE
Beginning of year
End of year
(545,560)
(1,078,015) $
$
78
(287,978)
(790,989) $
679,882
713,330
$
734,352
655,613
continued
Special Revenue
Enhanced
Enterprise
Loans
$
$
Health
Department
-
$
Jail
Commissary
Mental
Health
Library
1,874,941 $
19,341
669,566
79,655
603,444
12,984
$ 1,635,143 $
3,611
-
516,193
-
-
3,246,947
12,984
1,638,754
516,193
-
24,474
-
43,437
-
1,737,375
-
-
-
2,873,657
-
-
-
565,866
-
-
-
-
-
-
-
2,898,131
43,437
1,737,375
565,866
-
(250,000)
-
-
-
-
-
(250,000)
-
-
-
-
98,816
(30,453)
1,218,968
1,317,784 $
221,036
190,583
3
3
$
79
(98,621)
$
395,000
296,379
(49,673)
$
197,727
148,054
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCE
NONMAJOR GOVERNMENTAL FUNDS - continued
For the Year Ended December 31, 2010
Special Revenue
Mental
Retardation
REVENUES
Taxes
Intergovernmental revenue
Charges for services
Fines, forfeitures and penalties
Interest income
Permits and licenses
Miscellaneous revenues
$
Register of
Deeds Tech
Parks
594,702
-
$
-
$
Special
Sales Tax
2010
129,659
2,150
-
$ 2,820,934
-
TOTAL REVENUES
594,702
-
131,809
2,820,934
EXPENDITURES
General government
Public works
Public safety
Judicial
575
-
-
-
532,704
-
Health and welfare
Planning and development
Parks and recreation
Capital Outlay
Debt service
Principal
Interest
Other
383,212
-
-
150,444
389,297
-
-
-
82,918
10,839
-
TOTAL EXPENDITURES
383,787
-
150,444
1,015,758
-
-
-
(475,000)
-
-
-
-
(475,000)
210,915
-
OTHER FINANCING SOURCES (USES)
Transfers in
Tranfers out
Issuance of refunding bonds
Payments on refunded bonds
TOTAL OTHER FINANCING SOURCES (USES)
NET CHANGE IN FUND BALANCE
(18,635)
1,330,176
FUND BALANCE
Beginning of year
End of year
$
80
185,520
396,435
$
700
700
$
142,322
123,687
$ 1,330,176
continued
Service
Program for
the Elderly
$ 1,006,409
11,439
Special
911 Tax
$
734,927
-
$
399,822
66,753
-
$
Special Law
Enforcement
Program
- $
13,973,248
75,467
11,783
(276)
1,045,511
108,317
799,947
-
Special
Parks and
Recreation
$
391,219
-
1,017,848
734,927
466,575
15,105,733
908,264
391,219
3,174
777,981
-
496,231
-
478,737
-
144,248
460,462
2,228,636
2,589,168
135,890
89
13
-
301,788
-
60,306
-
7,498,266
241,328
15,088
1,522,788
446,795
176,212
184,315
-
-
-
-
-
-
1,082,943
556,537
478,737
14,699,984
582,774
360,540
-
(291,000)
-
-
(216,874)
-
363
-
-
-
(291,000)
-
(216,874)
363
-
325,853
30,679
(65,095)
$
Special Revenue
Special
Alcohol
Special
Programs
Grants
162,469
97,374
(112,610)
$
987,802
875,192
(12,162)
$
310,755
298,593
188,875
1,529,076
$ 1,717,951
81
$
1,668,434
1,994,287
$
351,951
382,630
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCE
NONMAJOR GOVERNMENTAL FUNDS - continued
For the Year Ended December 31, 2010
Special
Street and
Highway
REVENUES
Taxes
Intergovernmental revenue
Charges for services
Fines, forfeitures and penalties
Interest income
Permits and licenses
Miscellaneous revenues
$
6,634,288
17,500
Special Revenue
Tourism and
Convention
Solid
Program
Waste
$
678,870
-
$
Total
15,000
883,078
6,096
-
$ 11,829,520
28,820,770
1,642,468
1,404,993
3,655
79,655
1,757,522
TOTAL REVENUES
6,651,788
678,870
904,174
45,538,583
EXPENDITURES
General government
Public works
Public safety
Judicial
28,708
6,066,869
-
-
-
3,612,378
8,060,569
4,078,524
2,951,364
537,141
665,000
-
1,047,442
101,044
12,670,231
7,881,761
191,300
3,834,326
118,890
20,958
-
-
-
471,808
175,884
11,839
6,772,566
665,000
1,148,486
43,939,984
850,132
(13,650)
-
-
-
850,495
(1,246,524)
-
836,482
-
-
(396,029)
715,704
13,870
Health and welfare
Planning and development
Parks and recreation
Capital Outlay
Debt service
Principal
Interest
Other
TOTAL EXPENDITURES
OTHER FINANCING SOURCES (USES)
Transfers in
Tranfers out
Issuance of refunding bonds
Payments on refunded bonds
TOTAL OTHER FINANCING SOURCES (USES)
NET CHANGE IN FUND BALANCE
(244,312)
1,202,570
FUND BALANCE
Beginning of year
End of year
$
82
(64,374)
651,330 $
179,690
193,560
$
724,160
479,848
$
8,791,935
9,994,505
Capital Projects
Total Nonmajor
Governmental Funds
County Initiative To
Fund Infrastructure
2010
Debt Service
Debt
Service Fund
Economic
Development Fund
$ 20,044,211 $
60,612
77,707
330,444
16,696,890 $
214,520
510,991
54,343
-
20,512,974
17,422,401
54,343
83,528,301
-
-
-
3,612,378
8,060,569
4,078,524
2,951,364
7,650
1,730,283
68,651
12,670,231
7,881,761
191,300
5,640,910
16,387,534
6,505,027
-
11,687,268
3,958,313
644,217
-
28,546,610
10,639,224
656,056
22,900,211
18,020,081
68,651
84,928,927
2,170,781
(197,671)
5,000
(5,000)
6,683,097
8,145,675
(8,100,000)
(200,000)
-
9,704,373
(1,644,195)
8,150,675
(8,105,000)
1,973,110
6,728,772
(200,000)
8,105,853
6,131,092
(214,308)
6,705,227
(414,127)
3,846,913
$ 3,432,786
$
6,266,782
12,397,874 $
235,687
21,379
83
$
$
48,624,964
28,881,382
1,642,468
1,404,993
295,882
79,655
2,598,957
19,141,317
25,846,544
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
GENERAL FUND
Year Ended December 31, 2010
2009
2010
Budget Amounts
REVENUES
Taxes
Intergovernmental revenues
Charges for services
Fines, forfeitures and penalties
Interest earnings
Licenses and permits
Miscellaneous revenues
Actual
Amounts
Original
Final
Actual
Amounts
$ 128,216,947
6,835,439
10,410,578
5,995,838
2,922,777
2,023,617
4,430,850
$ 133,032,780
5,994,400
12,989,700
6,024,000
2,601,500
2,240,000
2,607,297
$ 126,686,860
7,123,810
13,742,600
6,032,100
1,883,700
2,151,400
5,560,838
$ 127,157,931
6,265,956
13,330,018
6,059,891
2,200,322
2,281,850
4,742,042
160,836,046
165,489,677
163,181,308
162,038,010
(1,143,298)
129,098,924
23,858,461
6,748,669
2,073,490
6,338,615
522,108
397,382
119,188,881
29,263,511
7,251,310
4,362,817
6,576,847
691,772
2,869,590
120,354,928
29,953,497
6,960,163
2,841,971
8,172,550
139,356
1,972,057
125,666,130
27,367,907
5,980,212
2,416,992
7,146,348
134,625
27,076
(5,311,202)
2,585,590
979,951
424,979
1,026,202
4,731
1,944,981
169,037,649
170,204,728
170,394,522
168,739,290
1,655,232
3,853,404
1,648,707
2,856,000
1,000,000
3,272,874
418,404
3,408,302
(52,181)
714,789
135,428
(52,181)
296,385
5,502,111
3,856,000
3,691,278
4,070,910
379,632
(3,521,936)
(2,630,370)
891,566
TOTAL REVENUES
EXPENDITURES
Personnel
Contractual services
Commodities
Capital outlay
Grants, claims, shared revenue
Debt service
Other
TOTAL EXPENDITURES
OTHER FINANCING SOURCES(USES)
Transfers in
Transfers out
Proceeds from sale of land
TOTAL OTHER FINANCING
SOURCES (USES)
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
Variance with
Final BudgetPositive
(Negative)
(2,699,492)
$
7,214,298
4,514,806
(859,051)
$
4,514,806
3,655,755
84
$
4,514,806
992,870
$
4,514,806
1,884,436
$
$
471,071
(857,854)
(412,582)
27,791
316,622
130,450
(818,796)
891,566
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP
GENERAL FUND - CITY
Year Ended December 31, 2010
2009
2010
Budget Amounts
Variance with
Final BudgetPositive
(Negative)
Actual
Amounts
Original
Final
Actual
Amounts
$ 89,486,435
1,455,638
7,441,434
5,215,741
408,017
1,049,355
2,851,404
$ 95,434,941
764,400
9,706,200
5,188,000
172,300
1,286,500
1,765,000
$ 90,571,038
694,293
10,121,100
5,276,100
183,500
1,187,400
4,409,366
$ 91,083,652
686,439
10,020,670
5,273,509
132,961
1,284,856
3,393,202
107,908,024
114,317,341
112,442,797
111,875,289
(567,508)
91,957,961
9,266,589
4,151,936
1,049,338
5,853,300
522,108
246,138
85,214,723
15,600,916
4,533,518
3,874,156
5,857,005
691,772
1,189,758
86,268,050
15,199,932
4,461,187
2,403,518
7,357,134
139,356
937,401
89,913,035
13,873,640
3,979,131
2,091,673
6,287,980
134,625
18,676
(3,644,985)
1,326,292
482,056
311,845
1,069,154
4,731
918,725
113,047,370
116,961,848
116,766,578
116,298,760
OTHER FINANCING SOURCES(USES)
Transfers in
Transfers out
Proceeds from sale of land
2,759,886
-
2,606,000
-
2,606,000
47,403
2,741,428
(52,181)
592,888
135,428
(52,181)
545,485
TOTAL OTHER FINANCING (USES)
2,759,886
2,606,000
2,653,403
3,282,135
628,732
NET CHANGE IN FUND BALANCE
(2,379,460)
(1,670,378)
(1,141,336)
529,042
REVENUES
Taxes
Intergovernmental revenues
Charges for services
Fines, forfeitures and penalties
Interest earnings
Licenses and permits
Miscellaneous revenues
TOTAL REVENUES
EXPENDITURES
Personnel
Contractual services
Commodities
Capital outlay
Grants, claims, shared revenue
Debt service
Other
TOTAL EXPENDITURES
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
4,140,624
1,761,164
(38,507)
$
1,761,164
1,722,657
85
$
1,761,164
90,786
$
1,761,164
619,828
$
512,614
(7,854)
(100,430)
(2,591)
(50,539)
97,456
(1,016,164)
467,818
$
529,042
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP
GENERAL FUND - COUNTY
Year Ended December 31, 2010
2009
2010
Budget Amounts
Actual
Amounts
REVENUES
Taxes
Intergovernmental revenues
Charges for services
Fines, forfeitures and penalties
Interest earnings
Licenses and permits
Miscellaneous revenues
$
TOTAL REVENUES
35,818,649
2,329,084
2,403,737
780,097
2,514,760
974,262
1,570,772
Original
$
35,891,804
2,030,000
2,577,000
836,000
2,429,200
953,500
841,297
Actual
Amounts
Final
$
34,484,505
3,229,517
2,922,000
756,000
1,700,200
964,000
1,123,472
$
34,456,190
2,879,517
2,826,007
786,382
2,067,361
996,994
1,348,764
Variance with
Final BudgetPositive
(Negative)
$
(28,315)
(350,000)
(95,993)
30,382
367,161
32,994
225,292
46,391,361
45,558,801
45,179,694
45,361,215
32,783,529
13,739,220
1,888,816
584,005
485,315
151,244
29,724,493
12,383,397
1,985,181
488,661
716,957
1,475,607
29,771,924
13,719,930
1,707,802
408,053
807,419
852,546
31,628,069
12,577,001
1,300,973
324,351
851,372
8,400
49,632,129
46,774,296
47,267,674
46,690,166
OTHER FINANCING SOURCES(USES)
Transfers in
Proceeds of sale of land
913,576
1,648,707
250,000
1,000,000
666,874
371,001
666,874
121,901
(249,100)
TOTAL OTHER FINANCING (USES)
2,562,283
1,250,000
1,037,875
788,775
(249,100)
(1,050,105)
(540,176)
509,929
EXPENDITURES
Personnel
Contractual services
Commodities
Capital outlay
Grants, claims, shared revenue
Other
TOTAL EXPENDITURES
(678,485)
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
1,941,371
1,262,886
34,505
$
1,262,886
1,297,391
86
$
1,262,886
212,781
$
1,262,886
722,710
181,521
(1,856,145)
1,142,929
406,829
83,702
(43,953)
844,146
577,508
$
509,929
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP
GENERAL FUND - PARKS
Year Ended December 31, 2010
2009
2010
Variance with
Final BudgetPositive
(Negative)
Budget Amounts
REVENUES
Taxes
Intergovernmental revenues
Charges for services
Miscellaneous revenues
Actual
Amounts
Original
$ 2,911,863
3,050,717
565,407
605
$ 1,706,035
3,200,000
706,500
1,000
6,528,592
Actual
Amounts
Final
1,631,317
3,200,000
699,500
28,000
$ 1,618,089
2,700,000
483,341
76
5,613,535
5,558,817
4,801,506
(757,311)
4,357,434
852,652
707,917
440,147
-
4,249,665
1,279,198
732,611
2,885
204,225
4,314,954
1,033,635
791,174
30,400
7,997
182,110
4,125,026
917,266
700,108
968
6,996
-
189,928
116,369
91,066
29,432
1,001
182,110
6,358,150
6,468,584
6,360,270
5,750,364
609,906
OTHER FINANCING SOURCES(USES)
Transfers in
188,011
-
-
-
-
TOTAL OTHER FINANCING (USES)
188,011
-
-
-
-
NET CHANGE IN FUND BALANCE
358,453
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
1,132,303
$ 1,490,756
TOTAL REVENUES
EXPENDITURES
Personnel
Contractual services
Commodities
Capital outlay
Grants, claims, shared revenue
Other
TOTAL EXPENDITURES
$
(855,049)
$
1,490,756
635,707
87
(801,453)
$
1,490,756
689,303
$
(948,858)
$
1,490,756
541,898
(13,228)
(500,000)
(216,159)
(27,924)
(147,405)
$
(147,405)
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: COURT TRUSTEE
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Fines, fees, forfeitures
Miscellaneous revenue
$
TOTAL REVENUES
386,604
159
$
390,000
-
$
390,000
-
Variance with
Final BudgetPositive
(Negative)
Actual
Amounts
$
396,852
24
$
6,852
24
386,763
390,000
390,000
396,876
6,876
321,755
51,698
344,133
65,610
285,878
65,184
312,988
45,199
(27,110)
19,985
7,658
5,592
6,018
5,216
802
-
38,804
38,000
-
38,000
381,111
454,139
395,080
363,403
31,677
33,473
38,553
EXPENDITURES
Personnel
Contractual services
Commodities
Other
TOTAL EXPENDITURES
NET CHANGE IN FUND BALANCE
5,652
(64,139)
(5,080)
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
674,229
$
679,881
679,881
$
88
615,742
679,881
$
674,801
679,881
$
713,354
$
38,553
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: ELECTIONS
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Tax revenue
Intergovernmental revenue
Variance with
Final BudgetPositive
(Negative)
Actual
Amounts
$ 1,147,873
19,999
$ 1,071,409
-
$ 1,049,985
-
$ 1,049,700
-
7,498
254
10,000
-
10,000
-
6,298
468
(3,702)
468
1,175,624
1,081,409
1,059,985
1,056,466
(3,519)
Personnel
588,387
754,060
754,494
591,903
162,591
Contractual services
Commodities
277,990
50,303
463,000
182,000
476,000
165,000
349,835
93,467
126,165
71,533
Charges for services
Miscellaneous revenue
TOTAL REVENUES
$
(285)
-
EXPENDITURES
Grants, claims, shared revenue
-
-
100,000
100,000
-
Capital outlay
-
10,000
10,000
-
10,000
Other
-
30,000
150,000
-
150,000
916,680
1,439,060
1,655,494
1,135,205
520,289
TOTAL EXPENDITURES
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
258,944
$
(357,651)
475,446
734,390
$
89
734,390
376,739
(595,509)
$
734,390
138,881
(78,739)
$
734,390
655,651
516,770
$
516,770
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: HEALTH DEPARTMENT
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Tax revenue
Intergovernmental revenue
$
2,032,257
63,712
$
1,912,712
23,000
$
Variance with
Final BudgetPositive
(Negative)
Actual
Amounts
1,875,266
30,000
$
1,874,941
19,341
$
(325)
(10,659)
Charges for services
Licenses and permits
635,349
66,545
569,935
71,000
668,410
81,000
669,566
79,656
Miscellaneous revenue
469,963
375,000
383,000
603,440
220,440
3,267,826
2,951,647
3,037,676
3,246,944
209,268
2,473,157
209,074
2,536,936
419,147
2,431,111
426,881
2,312,090
195,619
119,021
231,262
TOTAL REVENUES
1,156
(1,344)
EXPENDITURES
Personnel
Contractual services
145,297
215,418
257,818
194,776
63,042
Grants, claims, shared revenue
Commodities
-
-
200,000
200,000
-
Other
-
85,500
-
-
-
2,827,528
3,257,001
3,315,810
2,902,485
413,325
TOTAL EXPENDITURES
OTHER FINANCING SOURCES (USES)
Transfers out
(250,000)
(250,000)
(250,000)
(250,000)
-
TOTAL OTHER FINANCING
SOURCES (USES)
(250,000)
(250,000)
(250,000)
(250,000)
-
NET CHANGE IN FUND BALANCE
190,298
(555,354)
(528,134)
94,459
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
1,025,806
$
1,216,104
1,216,104
$
660,750
90
1,216,104
$
687,970
622,593
1,216,104
$
1,310,563
$
622,593
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: JAIL COMMISSARY
Year Ended December 31, 2010
2010
2009
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Miscellaneous revenue
TOTAL REVENUES
$
11,992
$
30,000
$
30,000
Actual
Amounts
$
12,984
Variance with
Final BudgetPositive
(Negative)
$
(17,016)
11,992
30,000
30,000
12,984
(17,016)
Commodities
26,815
60,000
60,000
52,317
7,683
TOTAL EXPENDITURES
26,815
60,000
60,000
52,317
7,683
(14,823)
(30,000)
(30,000)
(39,333)
(9,333)
EXPENDITURES
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
235,861
221,038
$ 221,038
$ 191,038
91
$
221,038
221,038
191,038
$ 181,705
$
(9,333)
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: LIBRARY
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Tax revenue
Intergovernmental revenue
$ 1,749,208
3,741
Interest income
TOTAL REVENUES
EXPENDITURES
Other
TOTAL EXPENDITURES
NET CHANGE IN FUND BALANCE
$
1,573,209
-
$
Actual
Amounts
1,590,033
-
$ 1,635,142
-
Variance with
Final BudgetPositive
(Negative)
$
45,109
-
9,996
4,900
4,500
4,393
1,762,945
1,578,109
1,594,533
1,639,535
45,002
1,737,375
1,757,375
1,792,375
1,737,375
55,000
1,737,375
1,757,375
1,792,375
1,737,375
55,000
25,570
(179,266)
(197,842)
(97,840)
366,864
392,434
392,434
392,434
(107)
100,002
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
392,434
$
92
213,168
$
194,592
$
294,594
$
100,002
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: MENTAL HEALTH
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Tax revenue
Intergovernmental revenue
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
$ 642,461
10,885
$ 528,637
-
$ 515,498
-
$ 516,193
-
653,346
528,637
515,498
516,193
695
Grants, claims, shared revenue
Other
565,867
-
565,867
37,000
565,867
42,000
565,867
-
42,000
TOTAL EXPENDITURES
565,867
602,867
607,867
565,867
42,000
87,479
(74,230)
(92,369)
(49,674)
42,695
110,247
197,726
197,726
197,726
$ 197,726
$ 123,496
$ 105,357
$ 148,052
TOTAL REVENUES
$
695
-
EXPENDITURES
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
93
$
42,695
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: MENTAL RETARDATION
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Tax revenue
Intergovernmental revenue
TOTAL REVENUES
$ 649,004
11,310
$ 605,835
-
660,314
$
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
594,802
-
$ 594,702
-
$
(100)
-
605,835
594,802
594,702
171,708
447,450
210,003
360,950
210,003
255,694
200,686
124,985
9,317
130,709
4,084
7,668
6,160
1,887
4,273
-
64,292
18,000
66,080
22,960
56,228
-
9,852
22,960
623,242
660,913
560,897
383,786
177,111
37,072
(55,078)
33,905
210,916
177,011
148,450
185,522
185,522
185,522
-
$ 185,522
$ 130,444
219,427
$ 396,438
(100)
EXPENDITURES
Personnel
Contractual services
Commodities
Grants, claims, shared revenue
Other
TOTAL EXPENDITURES
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
94
$
$
177,011
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: REGISTER OF DEEDS TECHNOLOGY FUND
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
Actual
Amounts
REVENUES
Fines/fees/forfeitures
$
163,751
$
175,000
$
130,000
$
129,658
$
(342)
Interest income
4,812
3,000
1,000
1,615
615
Miscellaneous revenue
9,183
-
-
-
-
177,746
178,000
131,000
131,273
273
187,334
175,000
175,000
103,574
71,426
187,334
175,000
175,000
103,574
71,426
(44,000)
27,699
71,699
TOTAL REVENUES
EXPENDITURES
Capital outlay
TOTAL EXPENDITURES
NET CHANGE IN FUND BALANCE
(9,588)
3,000
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
103,175
93,587
$
95
93,587
96,587
$
93,587
49,587
$
93,587
121,286
$
71,699
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: SPECIAL SALES TAX FUND 2010
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
REVENUES
Tax revenue
$
-
$
-
$ 1,800,000
$ 1,880,559
$
80,559
TOTAL REVENUES
-
-
1,800,000
1,880,559
80,559
Personnel
Contractual services
Commodities
Capital outlay
-
-
220,075
303,330
9,299
772,000
220,075
303,330
9,299
583,054
188,946
TOTAL EXPENDITURES
-
-
1,304,704
1,115,758
188,946
-
-
(475,000)
(475,000)
-
-
-
(475,000)
(475,000)
-
-
-
20,296
289,801
OTHER FINANCING SOURCES (USES)
Transfers out
TOTAL OTHER FINANCING
SOURCES (USES)
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
-
$
96
-
$
20,296
$
289,801
269,505
$
269,505
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: SERVICE PROGRAM FOR THE ELDERLY
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
Actual
Amounts
REVENUES
1,221,146
$ 1,032,079
$ 1,005,709
Intergovernmental revenue
Tax revenue
$
21,274
-
-
-
-
Miscellaneous revenue
12,061
9,500
10,000
11,455
1,455
TOTAL REVENUES
1,254,481
1,041,579
1,015,709
1,017,864
2,155
Personnel
Contractual services
802,524
208,266
775,004
170,917
771,356
147,710
817,255
140,233
(45,899)
7,477
Commodities
203,431
144,031
141,478
122,363
19,115
9,331
-
109
3,109
3,108
1
-
30,000
21,142
-
21,142
1,223,552
1,120,061
1,084,795
1,082,959
1,836
Capital outlay
Grants, claims, shared revenue
Other
TOTAL EXPENDITURES
NET CHANGE IN FUND BALANCE
30,929
(78,482)
$
(69,086)
1,006,409
$
(65,095)
700
3,991
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
134,028
164,957
$
97
164,957
86,475
$
164,957
95,871
$
164,957
99,862
$
3,991
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: SPECIAL 911 TAX
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
REVENUES
Tax revenue
$ 762,009
$ 795,000
TOTAL REVENUES
762,009
EXPENDITURES
Contractual services
Capital outlay
Other
TOTAL EXPENDITURES
$
720,000
$ 713,766
$
(6,234)
795,000
720,000
713,766
(6,234)
496,012
110,819
-
520,000
250,000
50,000
520,000
111,000
50,000
501,793
60,306
-
18,207
50,694
50,000
606,831
820,000
681,000
562,099
118,901
(291,000)
(291,000)
(291,000)
(291,000)
-
(291,000)
(291,000)
(291,000)
(291,000)
-
(135,822)
(316,000)
(252,000)
(139,333)
112,667
OTHER FINANCING SOURCES (USES)
Transfers out
TOTAL OTHER FINANCING
SOURCES (USES)
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
1,055,381
919,559
$ 919,559
$ 603,559
98
$
919,559
919,559
667,559
$ 780,226
$
112,667
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: SPECIAL ALCOHOL AND DRUG PROGRAMS
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
REVENUES
Tax revenue
$
420,573
$ 492,000
415,000
$ 399,822
61,420
65,000
65,000
66,755
1,755
TOTAL REVENUES
481,993
557,000
480,000
466,577
(13,423)
Personnel
Contractual services
Commodoties
55,504
115,510
1,775
119,098
248,402
2,500
92,216
138,390
9,344
77,651
137,976
7,359
14,565
414
1,985
Grants, claims, shared revenue
400,000
300,000
291,857
252,750
39,107
TOTAL EXPENDITURES
572,789
670,000
531,807
475,736
56,071
NET CHANGE IN FUND BALANCE
(90,796)
(113,000)
(51,807)
UNENCUMBERED FUND BALANCE
Beginning of year
397,129
306,333
306,333
306,333
306,333
$ 193,333
254,526
$ 297,174
Fines, forfeitures and penalties
End of year
$
99
$
$
$
(9,159)
(15,178)
42,648
$
42,648
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: SPECIAL PARKS AND RECREATION
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
Actual
Amounts
REVENUES
Tax revenue
$
Miscellaneous
TOTAL REVENUES
EXPENDITURES
Personnel
Capital outlay
TOTAL EXPENDITURES
NET CHANGE IN FUND BALANCE
409,132
480,000
$ 410,000
2,594
$
-
-
$
391,219
-
$
(18,781)
411,726
480,000
410,000
391,219
(18,781)
175,761
330,160
210,111
375,000
176,131
375,000
176,225
307,850
(94)
67,150
505,921
585,111
551,131
484,075
67,056
(94,195)
(105,111)
(141,131)
(92,856)
48,275
-
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
360,198
266,003
$
100
266,003
160,892
266,003
$ 124,872
$
266,003
173,147
$
48,275
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: SPECIAL STREET AND HIGHWAY
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
REVENUES
Intergovernmental revenue
$ 6,382,579
Miscellaneous
$
6,980,000
$
6,600,000
$
6,634,288
$
34,288
42,835
30,000
20,000
17,500
TOTAL REVENUES
6,425,414
7,010,000
6,620,000
6,651,788
31,788
EXPENDITURES
Personnel
Contractual services
Commodities
5,565,850
162,471
5,470,994
300,000
5,295,939
800,000
5,413,013
771,547
(117,074)
28,453
266,971
1,612,920
774,849
655,012
119,837
17,295
12,134
18,246
18,246
-
6,012,587
7,396,048
6,889,034
6,857,818
31,216
Capital outlay
Grants, claims, shared revenue
TOTAL EXPENDITURES
OTHER FINANCING SOURCES (USES)
Transfers out
(2,500)
(8,813)
(13,650)
(13,650)
(13,650)
-
(8,813)
(13,650)
(13,650)
(13,650)
-
(399,698)
(282,684)
(219,680)
63,004
TOTAL OTHER FINANCING
SOURCES (USES)
NET CHANGE IN FUND BALANCE
404,014
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
123,440
527,454
$
101
527,454
127,756
$
527,454
244,770
$
527,454
307,774
$
63,004
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
SPECIAL REVENUE FUND: TOURISM AND CONVENTION PROMOTION
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
REVENUES
Tax revenue
$
TOTAL REVENUES
EXPENDITURES
Grants, claims, shared revenue
Debt service
TOTAL EXPENDITURES
NET CHANGE IN FUND BALANCE
651,066
$
770,000
$
660,000
$
650,205
$
(9,795)
651,066
770,000
660,000
650,205
(9,795)
585,000
174,291
675,000
150,000
675,000
-
665,000
-
10,000
-
759,291
825,000
675,000
665,000
10,000
(108,225)
(55,000)
(15,000)
(14,795)
129,073
20,848
20,848
20,848
205
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
20,848
$
102
(34,152) $
5,848
$
6,053
$
205
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
DEBT SERVICE FUND - CITY
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Taxes
Intergovernmental revenue
Interest income
Miscellaneous revenue
$
TOTAL REVENUES
EXPENDITURES
Debt service
TOTAL EXPENDITURES
OTHER FINANCING SOURCES (USES)
Transfers in
Proceeds from issuance of bonds
TOTAL OTHER FINANCING
SOURCES (USES)
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
18,773,547
420,251
391,445
10,653
$
18,517,977
70,175
134,400
-
$
Actual
Amounts
18,886,410
70,175
176,100
-
$ 18,762,046
60,612
88,842
304,336
Variance with
Final BudgetPositive
(Negative)
$
(124,364)
(9,563)
(87,258)
304,336
19,595,896
18,722,552
19,132,685
19,215,836
83,151
25,552,338
24,176,355
25,354,513
24,083,962
1,270,551
25,552,338
24,176,355
25,354,513
24,083,962
1,270,551
3,887,150
-
2,280,925
-
4,061,164
-
4,223,288
5,000
162,124
5,000
3,887,150
2,280,925
4,061,164
4,228,288
167,124
(2,069,292)
(3,172,878)
(2,160,664)
5,708,097
3,638,805
$
103
3,638,805
465,927
$
3,638,805
1,478,141
(639,838)
$
3,638,805
2,998,967
1,520,826
$
1,520,826
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP
DEBT SERVICE FUND - COUNTY
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Taxes
Intergovernmental revenues
Interest income
$ 1,209,567
24,249
9,384
$ 1,266,158
2,800
$ 1,197,141
4,200
$ 1,202,680
4,748
1,243,200
1,268,958
1,201,341
1,207,428
6,087
1,201,147
1,230,454
1,172,002
1,024,588
147,414
1,201,147
1,230,454
1,172,002
1,024,588
147,414
-
-
-
2,241
2,241
-
-
-
2,241
2,241
42,053
38,504
29,339
185,081
155,742
TOTAL REVENUES
EXPENDITURES
Debt service
TOTAL EXPENDITURES
OTHER FINANCING SOURCES (USES)
Transfers in
TOTAL OTHER FINANCING
SOURCES (USES)
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
Actual
Amounts
Variance with
Final BudgetPositive
(Negative)
$
114,745
156,798
$
104
156,798
195,302
$
156,798
186,137
$
156,798
341,879
$
$
5,539
548
155,742
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
CAPITAL PROJECTS FUND: COUNTY INITIATIVE TO FUND INFRASTRUCTURE
Year Ended December 31, 2010
2009
2010
Budget Amounts
Final
Original
Amended
Actual
Amounts
REVENUES
Tax revenue
Miscellaneous revenue
$
TOTAL REVENUES
EXPENDITURES
Capital outlay
Grants, claims, shared revenue
TOTAL EXPENDITURES
OTHER FINANCING SOURCES (USES)
Transfers out
TOTAL OTHER FINANCING
SOURCES (USES)
NET CHANGE IN FUND BALANCE
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
265,445
131,565
$
-
$
Variance with
Final BudgetPositive
(Negative)
Actual
Amounts
50,211
-
$
54,343
419
$
4,132
419
397,010
-
50,211
54,762
4,551
(21,919)
147,000
125,081
-
-
-
-
(570,000)
-
(200,000)
(200,000)
-
(570,000)
-
(200,000)
(200,000)
-
(298,071)
-
(149,789)
(145,238)
4,551
447,860
149,789
$
105
149,789
149,789
$
149,789
-
$
149,789
4,551
$
4,551
This page intentionally left blank
106
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
ENTERPRISE FUNDS
Revenues from user service fees directly fund the five (5) funds contained in the Enterprise Funds.
The Sewer System Enterprise Fund provides financing for Water Pollution Control and is responsible
for day-to-day and future operations, routine system maintenance and payment on revenue bonds.
The Board of Public Utilities (BPU) is the Unified Government’s Utility System managed, operated,
maintained and controlled on a day-to-day basis by the Board of Public Utilities, which is an
administrative agency of the Unified Government. The BPU operates the water and electric utilities
owned by the Unified Government.
Statements for these major enterprise funds are included in the Basic Financial Statements found in the
Financial Section of this document. A comparative budgetary schedule of the Sewer System Fund is
presented here.
NONMAJOR ENTERPRISE FUNDS
The Emergency Medical Services Fund was established on January 1, 2005 to pay for emergency
medical services, including ambulance transport, which are provided by the Kansas City, Kansas Fire
Department. Primary sources of revenue are a one-fourth cent public safety sales tax, which was
passed by Kansas City, Kansas voters on June 8, 2004 and charges for services.
The Public Levee Enterprise Fund expends lease income revenues to pay operation of and
improvements to office and warehouse space located in the Fairfax Industrial District. The facility
contains approximately 560,000 square fee of industrial and office space on approximately 111 acres.
The Stormwater Utility Enterprise Fund receives revenue from the Stormwater Utility fee that is used
to fund the operations, maintenance, capital improvements and debt service for the Unified
Government’s Municipal Separate Storm Sewer system.
The Sunflower Hills Golf Course Fund, established through an interlocal agreement, provides
funding for an 18-hole, 192-acre championship golf course and clubhouse facilities. Revenues are
generated from greens fees, cart rentals and concessions.
107
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING BALANCE SHEET
NONMAJOR ENTERPRISE FUNDS
As of December 31, 2010
EMS
ASSETS
Cash and temporary investments
Restricted cash and temporary investments
Receivables (net uncollectible)
Taxes
Accounts and returns
Due from other funds
Interest
Capital assets
Construction in progress
Accumulated depreciation
Other assets (net of amortization)
TOTAL ASSETS
LIABILITIES
CURRENT LIABILITIES
Accounts and contracts payable
Accrued wages and other
Accrued interest payable
Due to others
Due to other funds
Unearned revenue
Compensated absences payable
Current maturities of long-term debt
LONG-TERM LIABILITIES
Compensated absences payable
Capital lease payable
General obligation bonds payable
OPEB liability
TOTAL LIABILITIES
NET ASSETS
Invested in capital assets, net of related debt
Unrestricted
TOTAL EQUITY
TOTAL LIABILITIES AND EQUITY
$
$
$
Public Levee
10,237
-
$
$
626,561
1,253,666
5,824
4,046
2,636,577
7,836,443
(1,179,653)
(4,427,145)
3,353,212 $ 4,345,243 $
137,682
158,911
88,329
377,473
$
1,229,142
454,531
1,698,492
4,144,560
$
878,836
53,063
Stormwater
Enterprise
624,920
(1,416,268)
(791,348)
3,353,212 $
108
37,172
5,885
65,674
129,787
20,000
5,640
130,000
$
992,004
-
Sunflower Hills
Golf Course
Totals
Nonmajor Funds
$
$
45,115
-
188,075
26,327
361,000
1,676,368
(5,470)
3,238,304 $
42
5,597,833
(3,370,997)
2,271,993 $
97,683
63,370
20,726
7,135
4,460
26,130
56,351
1,089
198,661
$
$
1,926,192
53,063
626,561
1,441,783
5,824
30,373
16,431,853
1,676,368
(8,983,265)
13,208,752
279,672
169,256
155,174
129,787
56,351
20,000
95,058
726,860
78,488
2,755,000
154,130
3,381,776
1,611,862
74,147
1,867,788
15,148
121,836
1,390,000
101,375
1,922,185
1,322,778
576,367
5,756,862
2,028,144
11,316,309
524,298
439,169
963,467
4,345,243
399,310
971,206
1,370,516
3,238,304
516,339
(166,531)
349,808
2,271,993 $
2,064,867
(172,424)
1,892,443
13,208,752
$
$
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND NET ASSETS
NONMAJOR ENTERPRISE FUNDS
Year ended December 31, 2010
OPERATING REVENUES
Charges for service
Fines/forfeits/fees
Earned lease income
TOTAL OPERATING REVENUES
OPERATING EXPENSES
EMS
Public Levee
Stormwater Enterprise
Sunflower Hills Golf Course
$
Depreciation and amortization
TOTAL OPERATING EXPENSES
Operating income (loss)
NON-OPERATING REVENUES (EXPENSES)
Taxes
Interest earnings
Interest expense
TOTAL NON-OPERATING
REVENUES (EXPENSES)
INCOME (LOSS) BEFORE CONTRIBUTIONS
AND TRANSFERS
1,017,900
-
1,411,668
-
462,830
7,093,654
1,017,900
1,411,668
462,830
241,219
1,259,119
5,470
1,417,138
155,482
618,312
675,770
10,661,822
7,093,654
273,599
7,367,253
Stormwater
Enterprise
$
(2,952,587)
(408,223)
795,937
51,583
(2,513,290)
3,738,538
689
-
7,111
(154,182)
37,376
(63,370)
(1,451)
(61,394)
3,738,538
43,725
(278,946)
3,739,227
(147,071)
(25,994)
(62,845)
3,503,317
786,640
(555,294)
769,943
(11,262)
990,027
497,975
(2,606,000)
(2,108,025)
CHANGE IN NET ASSETS
(1,321,385)
$
Totals
Nonmajor Funds
$
5,084,561
2,217,025
846,946
8,148,532
Public Levee
$
3,950
846,946
850,896
Transfers in
Transfers out
Capital contributions-local government
TOTAL CONTRIBUTIONS AND TRANSFERS
Beginning of year
End of year
2,213,075
2,213,075
Sunflower Hills
Golf Course
$
669,895
669,895
EMS
4,414,666
4,414,666
530,037
(791,348) $
109
(555,294)
1,518,761
963,467
$
(1,632,588)
1,890,356
257,768
148,839
(238)
148,601
1,027,711
137,339
342,805
1,370,516
$
212,469
349,808
646,814
(4,238,826)
1,890,356
(1,701,656)
(711,629)
$
2,604,072
1,892,443
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING STATEMENT OF CASH FLOWS
NONMAJOR ENTERPRISE FUNDS
Year ended December 31, 2010
EMS
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers
Payments to suppliers
Payments to employees
NET CASH FLOW FROM OPERATING
ACTIVITIES
Stromwater
Enterprise
Public Levee
$ 4,368,251 $
(1,143,081)
(4,879,277)
(1,654,107)
850,896 $
(709,464)
(327,953)
(186,521)
Sunflower Hills
Golf Course
2,151,776 $
(659,562)
(600,000)
892,214
Totals
Nonmajor Funds
669,943 $
(335,441)
(258,712)
75,790
8,040,866
(2,847,548)
(6,065,942)
(872,624)
CASH FLOWS FROM NON-CAPITAL
FINANCING ACTIVITIES
Receipts from sales taxes
Transfer in
Transfers out
NET CASH FLOW FROM NON-CAPITAL
FINANCING ACTIVITIES
CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES
Principal paid on bonds
Principal paid on capital lease
Proceeds from issuance of bonds
Interest paid on bonds and capital leases
Acquisition of capital assets
Payments on capital lease
NET CASH FLOW FROM NON-CAPITAL
FINANCING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Interest on investments
NET CASH FLOW FROM
INVESTING ACTIVITIES
NET INCREASE (DECREASE) IN
CASH AND INVESTMENTS
CASH AND CASH EQUIVALENTS
Beginning of year
End of year
Cash and temporary investments
Cash and cash equivalents,reported as restricted cash
3,669,075
497,975
(2,606,000)
-
(1,632,588)
148,839
(238)
1,561,050
-
(1,632,588)
148,601
$
$
77,063
(419,041)
-
(125,000)
(164,118)
-
1,632,588
(147,012)
-
(90,000)
(65,175)
(22,650)
-
(215,000)
(419,041)
1,632,588
(229,293)
(169,662)
-
(419,041)
(289,118)
1,485,576
(177,825)
599,592
3,035
13,200
11,049
(1,451)
25,833
3,035
13,200
11,049
(1,451)
25,833
(462,439)
756,251
45,115
(170,136)
(509,063)
$
3,669,075
646,814
(4,238,826)
519,300
10,237
10,237
10,237
110
$
$
$
1,394,338
931,899
878,836
53,063
931,899
$
$
$
235,753
992,004
992,004
992,004
$
$
$
45,115
45,115
45,115
$
$
$
2,149,391
1,979,255
1,926,192
53,063
1,979,255
EMS
RECONCILIATION OF OPERATING INCOME TO
CASH FLOWS FROM OPERATING ACTIVITIES
Operating Income
Adjustments to reconcile operating income to cash flow
from operating activities
Depreciation and amortization
Changes in assets and liabilities
Accounts receivable
Due from other funds
$ (2,952,587) $
273,599
NET CASH FROM OPERATING ACTIVITIES
SUPPLMENTAL DISCLOSURE OF NONCASH
CAPITAL AND RELATED FINANCING ACTIVITIES
Capital contributions-local government
Property, plant and equipment acquired with
capital leases
482,152
111
$
Totals
Nonmajor Funds
$
$
(107,666)
(22,975)
(47,309)
1,719
(55,481)
(57,737)
27,485
(70,056)
65,556
484,424
30,245
(57,737)
643,105
892,214
$
75,790
$
-
$ 1,890,356
$
-
$
-
-
150,497
(2,513,290)
675,770
48
-
88,389
63,717
(186,521) $
51,583
155,482
(61,299)
-
117
(106,333)
21,698
30,245
34,756
$ (1,654,107) $
795,937
Sunflower Hills
Golf Course
5,470
-
(22,864)
81,781
518,207
517,147
$
(408,223) $
241,219
(46,415)
(22,975)
Accrued wages and expenses
Accounts payable
Accrued vacation and sick pay
Due to others
Due to other funds
OPEB liability
Stormwater
Enterprise
Public Levee
(872,624)
1,890,356
632,649
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
ENTERPRISE FUND: SEWER SYSTEM
Year ended December 31, 2010
2009
2010
Budgeted Amounts
Final
Original
Amended
Actual
Amounts
OPERATING REVENUES
Charges for services
Permits and licenses
Miscellaneous
$ 19,646,695
313,989
55,840
TOTAL OPERATING REVENUES
Actual
Amounts
Variance with
Final Budget Positive
(Negative)
$ 21,425,000 $ 21,611,100 $ 22,318,206 $
414,000
314,000
341,583
37,500
37,500
54,482
707,106
27,583
16,982
20,016,524
21,876,500
21,962,600
22,714,271
751,671
7,514,440
7,251,484
7,264,744
7,033,210
231,534
Contractual services
Commodities
Capital outlay
Grants, claims and shared revenue
Other
1,601,233
2,369,281
1,611,774
4,603,760
91,000
1,945,159
2,818,821
3,270,829
3,567,111
296,000
1,939,607
2,728,409
3,187,623
4,050,031
91,000
1,706,193
2,503,486
1,429,208
4,002,129
91,000
233,414
224,923
1,758,415
47,902
-
TOTAL OPERATING EXPENSES
17,791,488
19,149,404
19,261,414
16,765,226
2,496,188
2,225,036
2,727,096
2,701,186
5,949,045
3,247,859
7,500
69,300
(1,964,673)
(1,531,744)
160,200
83,900
(1,891,400)
(1,561,983)
160,618
107,052
(1,863,833)
(1,561,983)
418
23,152
27,567
-
(3,419,617)
(3,209,283)
(3,158,146)
51,137
(692,521)
(508,097)
OPERATING EXPENSES
Personnel costs
Net operating income (loss)
NON-OPERATING REVENUES (EXPENSES)
Tax revenue
6,073
Interest earnings
255,722
Debt service
(1,964,673)
Transfers out
(1,369,850)
TOTAL NON-OPERATING
REVENUES (EXPENSES)
(3,072,728)
NET INCOME (LOSS)
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
(847,692)
$
3,621,147
2,773,455
$
112
2,773,455
2,080,934
$
2,773,455
2,265,358
2,790,899
$
2,773,455
5,564,354
3,298,996
$
3,298,996
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
ENTERPRISE FUND: EMERGENCY MEDICAL SERVICE
Year ended December 31, 2010
2009
2010
Budgeted Amounts
Final
Original
Amended
Actual
Amounts
Variance with
Final Budget Positive
(Negative)
Actual
Amounts
OPERATING REVENUES
Charges for service
Miscellaneous revenues
$
TOTAL OPERATING REVENUES
OPERATING EXPENSES
4,251,512
4,050
$
4,542,000
204,000
$
4,383,000
294,000
$
4,392,923
26,137
$
9,923
(267,863)
4,255,562
4,746,000
4,677,000
4,419,060
(257,940)
4,816,226
4,266,197
4,700,000
4,875,144
(175,144)
468,047
625,621
71,510
178,589
479,949
688,268
620,760
178,589
531,715
687,802
436,486
234,413
456,076
594,049
432,576
-
75,639
93,753
3,910
234,413
6,159,993
6,233,763
6,590,416
6,357,845
232,571
(1,904,431)
(1,487,763)
(1,913,416)
(1,938,785)
(25,369)
NON-OPERATING REVENUES (EXPENSES)
Tax revenue
3,667,916
Interest earnings
33,474
Transfers out
(2,759,886)
Transfers in
-
3,835,000
17,600
(2,606,000)
-
3,625,000
15,100
(2,606,000)
475,000
3,669,075
3,543
(2,606,000)
475,000
44,075
(11,557)
-
1,246,600
1,509,100
1,541,618
32,518
Personnel costs
Contractual services
Commodities
Capital outlay
Grants,claims,shared revenue
TOTAL OPERATING EXPENSES
Net operating income (loss)
TOTAL NON-OPERATING
REVENUES (EXPENSES)
941,504
NET INCOME (LOSS)
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
(962,927)
$
1,399,156
436,229
(241,163)
$
113
436,229
195,066
(404,316)
$
436,229
31,913
(397,167)
$
436,229
39,062
7,149
$
7,149
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
ENTERPRISE FUND: PUBLIC LEVEE
Year ended December 31, 2010
2009
2010
Budgeted Amounts
Final
Original
Amended
Actual
Amounts
OPERATING REVENUES
Fines/fees/forfeits
Miscellaneous revenues
$
TOTAL OPERATING REVENUES
OPERATING EXPENSES
Personnel costs
Contractual services
Commodities
Capital outlay
Grants, claims, shared revenue
Other expenses
TOTAL OPERATING EXPENSES
5,925
1,072,965
$
6,000
965,000
$
6,000
855,000
Actual
Amounts
$
3,950
852,162
Variance with
Final Budget Positive
(Negative)
$
(2,050)
(2,838)
1,078,890
971,000
861,000
856,112
(4,888)
355,428
381,927
444,389
308,806
444,389
321,306
328,070
270,925
116,319
50,381
65,807
334,888
156,021
-
133,138
57,000
110,884
25,000
124,638
30,000
95,085
25,701
86,372
28,566
95,085
-
38,266
1,434
25,701
1,294,071
1,079,217
1,041,119
809,018
232,101
227,213
Net operating income (loss)
(215,181)
(108,217)
(180,119)
47,094
NON-OPERATING REVENUES (EXPENSES)
Interest earnings
Debt service
49,107
(290,298)
24,000
(289,819)
22,100
(289,118)
13,200
(289,118)
(8,900)
-
(241,191)
(265,819)
(267,018)
(275,918)
(8,900)
(456,372)
(374,036)
(447,137)
(228,824)
TOTAL NON-OPERATING
REVENUES (EXPENSES)
NET INCOME (LOSS)
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
1,392,335
935,963
$
114
935,963
561,927
$
935,963
488,826
$
935,963
707,139
218,313
$
218,313
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
ENTERPRISE FUND: STORMWATER ENTERPRISE
Year ended December 31, 2010
2009
2010
Budgeted Amounts
Final
Original
Amended
Actual
Amounts
OPERATING REVENUES
Fines/Forfeits/Fees
$
TOTAL OPERATING REVENUES
OPERATING EXPENSES
Personnel costs
Contractual services
Capital outlay
Grants, claims, shared revenue
Other expenses
TOTAL OPERATING EXPENSES
Net operating income (loss)
NON-OPERATING REVENUES (EXPENSES)
Interest earnings
Variance with
Final Budget Positive
(Negative)
Actual
Amounts
1,004,109
$ 2,000,000
$ 2,200,000
$
2,213,075
$
13,075
1,004,109
2,000,000
2,200,000
2,213,075
13,075
100,000
73,104
575,173
100,000
380,000
700,000
600,000
373,007
900,000
600,000
224,962
445,285
148,045
454,715
53,464
801,741
53,464
120,000
1,353,464
169,509
175,000
2,217,516
169,509
1,439,756
175,000
777,760
202,368
646,536
(17,516)
773,319
790,835
-
5,000
5,000
11,049
6,049
-
5,000
5,000
11,049
6,049
202,368
651,536
(12,516)
784,368
796,884
TOTAL NON-OPERATING
REVENUES (EXPENSES)
NET INCOME (LOSS)
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
202,368
$
115
202,368
853,904
$
202,368
189,852
$
202,368
986,736
$
796,884
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
SCHEDULE OF BUDGETARY ACCOUNTS
BUDGET AND ACTUAL - BUDGETARY BASIS (NON-GAAP)
ENTERPRISE FUND: SUNFLOWER HILLS GOLF COURSE
Year ended December 31, 2010
2009
2010
Budgeted Amounts
Final
Original
Amended
Actual
Amounts
OPERATING REVENUES
Charges for service
Miscellaneous revenues
$ 715,492
-
TOTAL OPERATING REVENUES
OPERATING EXPENSES
Personnel costs
Contractual services
Commodities
Capital outlay
Other expenses
TOTAL OPERATING EXPENSES
Net operating income (loss)
NON-OPERATING REVENUES (EXPENSES)
Interest earnings
Debt service
$
788,000
50,000
$
700,500
75,000
Actual
Amounts
$
669,896
-
Variance with
Final Budget Positive
(Negative)
$
(30,604)
(75,000)
715,492
838,000
775,500
669,896
(105,604)
273,364
151,878
266,121
166,945
266,121
159,660
259,303
145,974
6,818
13,686
110,143
76,487
611,872
125,879
130,500
25,000
714,445
133,164
48,500
25,000
632,445
117,561
43,225
566,063
15,603
5,275
25,000
66,382
103,620
123,555
143,055
103,833
(39,222)
2,860
(152,750)
2,100
(155,413)
1,300
(155,413)
(1,374)
(155,413)
(2,674)
-
(149,890)
(153,313)
(154,113)
(156,787)
(2,674)
(46,270)
(29,758)
(11,058)
(52,954)
(41,896)
TOTAL NON-OPERATING
REVENUES (EXPENSES)
NET INCOME (LOSS)
UNENCUMBERED FUND BALANCE
Beginning of year
End of year
$
112,795
66,525
$
116
66,525
36,767
$
66,525
55,467
$
66,525
13,571
$
(41,896)
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
INTERNAL SERVICE FUNDS
The Internal Service Funds section is comprised of three (3) funds. These funds derive their revenues
primarily from other Unified Government units and exist to support the implementation of a function.
These funds are:
The Workers’ Compensation Fund receives revenue from the Unified Government and pays claims
submitted by Unified Government employees related to injuries incurred on the job. The fund also pays
for administrative services associated with claims review.
The Employees’ Hospitalization Fund receives premium revenue from former employees, from
current employees to the extent of their contribution, and from the Unified Government as the
employer’s share of premiums for health insurance. Expenses include claims paid on behalf of
employees and covered dependents, insurance premiums to the Health Plans, administrative services
associated with claims review of self-insured plans, and stop-loss insurance premiums for the selfinsured plans.
The Section 125 – Cafeteria Plan receives deductions from employees’ salary and reimburses
employees for expenses related to medical claims or dependent care. All contributions not claimed by
employees revert to the Unified Government.
117
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING BALANCE SHEET
INTERNAL SERVICE FUNDS
As of December 31, 2010
Cafeteria
Workers'
Self-Insured
Plan
Totals
Compensation
Health Care
(Section 125)
2010
ASSETS
Cash and investments
$
Restricted cash
-
4,242,245
$
89,224
$
4,331,469
7,203
9,190,165
-
9,197,368
-
67,549
115
67,664
Accounts receivable
TOTAL ASSETS
$
$
7,203
$
13,499,959
$
89,339
$
13,596,501
$
2,003
$
340,734
$
-
$
342,737
LIABILITIES
Accounts payable
Due to others
-
84,234
-
84,234
Due to other funds
1,444,678
1,697
-
1,446,375
Claims incurred but not reported
4,712,000
1,598,000
-
6,310,000
6,158,681
2,024,665
-
8,183,346
(6,151,478)
11,475,294
89,339
5,413,155
TOTAL LIABILITIES
NET ASSETS
Net Assets
TOTAL LIABILITIES AND NET ASSETS
$
7,203
118
$
13,499,959
$
89,339
$
13,596,501
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN NET ASSETS
ALL INTERNAL SERVICE FUNDS
Year ended December 31, 2010
Cafeteria
Workers'
Self-Insured
Plan
Totals
Compensation
Health Care
(Section 125)
2010
2009
OPERATING REVENUES
Miscellaneous revenues
$
Reimbursements
1,519,786
$
25,350,000
$
492,711
$
27,362,497
$ 28,121,494
-
2,122,591
-
2,122,591
1,836,802
1,519,786
27,472,591
492,711
29,485,088
29,958,296
286,725
2,891,099
-
3,177,824
3,354,341
Grants, claims, shared revenue
2,351,616
23,626,642
494,778
26,473,036
27,374,265
TOTAL OPERATING EXPENSES
2,638,341
26,517,741
494,778
29,650,860
30,728,606
TOTAL OPERATING REVENUES
OPERATING EXPENSES
Contractual services
Net operating income (loss)
(1,118,555)
954,850
(2,067)
(165,772)
(770,310)
NON-OPERATING REVENUE
Interest income
-
4,587
-
4,587
13,139
-
4,587
-
4,587
13,139
TOTAL NON-OPERATING
REVENUES
NET INCOME (LOSS)
(1,118,555)
959,437
(5,032,923)
10,515,857
(6,151,478) $
11,475,294
(2,067)
(161,185)
(757,171)
NET ASSETS
Beginning of year
End of year
$
119
91,406
$
89,339
5,574,340
$
5,413,155
6,331,511
$
5,574,340
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMBINING STATEMENT OF CASH FLOWS
INTERNAL SERVICE FUNDS
Year ended December 31, 2010
Cafeteria
Workers'
Self-Insured
Plan
Totals
Compensation
Health Care
(Section 125)
2010
CASH FLOWS FROM OPERATING
ACTIVITIES:
Receipts from customers
$
Payments to employees and suppliers
1,519,786
$
(1,519,787)
OPERATING ACTIVITIES
27,473,389
$
(26,714,979)
(1)
492,711
$
(494,778)
758,410
29,485,886
(28,729,544)
(2,067)
756,342
CASH FLOWS FROM INVESTING
ACTIVITIES:
Interest on investments
-
4,587
-
4,587
-
4,587
-
4,587
NET CASH FLOW FROM
INVESTING ACTIVITIES
NET INCREASE (DECREASE) IN
CASH AND CASH EQUIVALENTS
(1)
762,997
(2,067)
760,929
CASH AND CASH EQUIVALENTS
Beginning of year
End of year
7,204
$
7,203
12,669,413
91,291
12,767,908
$
13,432,410
$
89,224
$
(1,118,555) $
954,850
$
(2,067) $
13,528,837
RECONCILIATION OF OPERATING INCOME
TO CASH FLOWS FROM OPERATING ACTIVITIES
Operating income (loss)
$
(165,772)
Changes in assets and liabilities
Accounts receivable
-
798
-
798
Accounts payable
(10,557)
(10,144)
-
(20,701)
Claims incurred
700,000
(218,000)
-
482,000
Due to others
429,111
30,906
-
460,017
$
(1) $
120
758,410
$
(2,067) $
756,342
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
For the year ended DECEMBER 31, 2010
AGENCY FUNDS
An Agency Fund holds money for short periods of time operating primarily as a clearing account. All
cash balances are offset by amounts due to others.
Agency funds render custodial care to assets pending disbursement to outside entities and include:
•
•
•
•
•
•
•
•
•
•
Agency Fund
ETAC Police Chiefs’ Fund
Fire Insurance
Kansas State Withholding
Payroll Deductions
121
Register of Deeds
Sheriff
Tax Collection
Tax Distribution
U.S. Savings Bonds
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
Year ended December 31, 2010
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
Balance
Balance
Jan 1, 2010
Additions
Deductions
Dec 31, 2010
AGENCY FUND
ASSETS
Cash and investments
$
91,583
$
692,172
$
684,806
$
98,949
TOTAL ASSETS
$
91,583
$
692,172
$
684,806
$
98,949
$
61,065
$
1,339,824
$
1,340,071
$
60,818
LIABILITIES
Accounts payable
Due to others
Due to other governments
TOTAL LIABLITIES
$
29,118
32,532
24,469
1,400
3,500
3,950
91,583
$
7,570
$
1,375,856
$
84
$
37,181
950
1,368,490
$
-
$
98,949
ETAC POLICE CHIEF'S ASSOCIATION
ASSETS
Cash and investments
$
Accounts receivable
TOTAL ASSETS
137,100
33
$
144,670
$
$
137,050
$
50
117
$
-
$
7,654
137,083
50
$
144,737
-
$
137,050
LIABILITIES
Accounts payable
Due to others
TOTAL LIABILITIES
7,620
117
50
7,687
$
144,670
$
117
$
50
$
144,737
Cash and investments
$
352,369
$
259,229
$
254,054
$
357,544
TOTAL ASSETS
$
352,369
$
259,229
$
254,054
$
357,544
Due to others
$
352,369
$
259,644
$
254,469
$
357,544
TOTAL LIABILITIES
$
352,369
$
259,644
$
254,469
$
357,544
$
92,284
$
4,940,452
$
4,988,267
$
44,469
$
92,284
$
6,292,524
$
6,340,339
$
44,469
Due to other governments
$
92,284
$
4,940,557
$
4,988,372
$
44,469
TOTAL LIABLITIES
$
92,284
$
4,940,557
$
4,988,372
$
44,469
FIRE INSURANCE PROCEEDS
ASSETS
LIABILITIES
KANSAS STATE WITHHOLDING
ASSETS
Cash and investments
Due from other funds
TOTAL ASSETS
-
1,352,072
1,352,072
-
LIABILITIES
122
continued
Balance
Balance
Jan 1, 2010
Additions
Deductions
Dec 31, 2010
PAYROLL DEDUCTIONS CLEARING
ASSETS
Cash and investments
$
1,430,864
Due from other funds
TOTAL ASSETS
$
-
77,851,015
$
21,873,505
78,545,436
$
21,873,505
736,443
-
$
1,430,864
$
99,724,520
$
100,418,941
$
736,443
Accounts payable
$
1,430,864
$
112,618,933
$
113,313,354
$
736,443
TOTAL LIABLITIES
$
1,430,864
$
112,618,933
$
113,313,354
$
736,443
$
35,468
$
1,400,117
$
1,405,941
$
29,644
$
35,468
$
1,400,117
$
1,405,941
$
29,644
$
35,468
$
1,400,117
$
1,405,941
$
29,644
$
35,468
$
1,400,117
$
1,405,941
$
29,644
$
101,838
$
348,202
$
401,145
$
48,895
$
101,838
$
348,202
$
401,145
$
48,895
$
101,838
$
348,202
$
401,145
$
48,895
$
101,838
$
348,202
$
401,145
$
48,895
$
101,126,574
$
209,192,211
$
206,349,004
$ 103,969,781
103,783
LIABILITIES
REGISTER OF DEEDS
ASSETS
Cash and investments
TOTAL ASSETS
LIABILITIES
Due to other governments
TOTAL LIABILITIES
SHERIFF
ASSETS
Cash and investments
TOTAL ASSETS
LIABILITIES
Due to others
TOTAL LIABILITIES
TAX COLLECTION
ASSETS
Cash and investments
Accounts receivable
109,171
266,273
271,661
876
1,777
-
2,653
$ 104,076,217
Due from other funds
TOTAL ASSETS
$
101,236,621
$
209,460,261
$
206,620,665
$
10,763
$
4,745,472
$
4,738,523
LIABILITIES
Accounts payable
Due to others
Due to other governments
TOTAL LIABLITIES
$
$
17,712
13,930
-
-
13,930
101,211,928
208,830,822
205,998,175
104,044,575
210,736,698
$ 104,076,217
101,236,621
123
$
213,576,294
$
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY/KANSAS CITY, KANSAS
Year ended December 31, 2010
COMBINING STATEMENT OF CHANGES IN ASSETS AND LIABILITIES
ALL AGENCY FUNDS
Balance
Balance
Jan 1, 2010
Additions
Deductions
Dec 31, 2010
TAX DISTRIBUTION
ASSETS
Cash and investments
$
(22,166) $
203,233,581
$
202,382,366
$
829,049
TOTAL ASSETS
$
(22,166) $
203,233,581
$
202,382,366
$
829,049
Due to other governments
$
(22,166) $
58,871,558
$
58,020,343
$
829,049
TOTAL LIABLITIES
$
(22,166) $
58,871,558
$
58,020,343
$
829,049
$
21,525
$
23,300
$
3,417
27,525
$
29,300
$
3,417
23,300
$
23,300
$
LIABILITIES
U.S. SAVINGS BONDS
ASSETS
Cash and investments
$
5,192
$
5,192
$
-
$
Due from other funds
TOTAL ASSETS
-
6,000
6,000
-
LIABILITIES
Accounts payable
$
Due to other governments
TOTAL LIABLITIES
5,192
21,525
23,300
3,417
$
5,192
$
44,825
$
46,600
$
3,417
$
103,221,576
$
497,938,588
$
495,034,319
$
106,125,845
TOTALS - ALL AGENCY FUNDS
ASSETS
Cash and investments
Accounts receivable
246,271
Due from other funds
TOTAL ASSETS
266,306
876
271,711
23,233,354
240,866
23,231,577
2,653
$
103,468,723
$
521,438,248
$
518,537,607
$
106,369,364
$
1,639,742
$
118,727,529
$
119,415,248
$
952,023
LIABILITIES
Accounts payable
Due to others
Due to other governments
TOTAL LIABILITIES
$
504,875
640,495
680,133
465,237
101,324,106
274,068,079
270,440,081
104,952,104
103,468,723
124
$
393,436,103
$
390,535,462
$
106,369,364
STATISTICAL SECTION
The Statistical Section presents detailed information as a context for understanding what the
information in the financial statements, note disclosures, and required supplementary information says
about the city’s overall financial health.
Contents
Page
Financial Trends
These schedules contain trend information to help the reader understand how
the city’s financial performance and well-being have changed over time.
126
Revenue Capacity
These schedules contain information to help the reader assess the factors affecting the
city’s ability to generate its property and sales tax.
132
Debt Capacity
137
These schedules present information to help the reader assess the affordability of the
city’s current levels of outstanding debt and the city’s ability to issue additional debt in the
future.
Demographic and Economic Information
These schedules offer demographic and economic indicators to help the reader
understand the environment within which the city’s financial activities take place and to
help make comparisons over time and with other governments.
141
Operating Information
143
These schedules contain information about the city’s operations and resources to help
the reader understand how the city’s financial information relates to the services the city
provides and the activities it performs.
125
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
NET ASSETS BY COMPONENT
Last Eight Fiscal Years
(Accrual Basis of Accounting)
2003
2004
Governmental activities
Invested in capital assets, net of related debt
Restricted
Unrestricted
Total governmental activities net assets
71,229,546.00
11,846,099
(17,083,646)
$ 65,991,999
$
Business-type activities
Invested in capital assets, net of related debt
Restricted
Unrestricted
Total business-type activities net assets
$ 402,211,646
26,433,265
60,782,000
$ 489,426,911
$ 400,164,808
13,223,223
66,386,855
$ 479,774,886
Primary government
Invested in capital assets, net of related debt
Restricted
Unrestricted
Total primary government net assets
$ 473,441,192
38,279,364
43,698,354
$ 555,418,910
$ 463,296,222
42,782,614
57,501,792
$ 563,580,628
$
63,131,414
29,559,391
(8,885,063)
83,805,742
2005
$
$
$
$
$
$
2006
(7,471,667)
71,157,146
31,439,950
95,125,429
2007
2008
2009
2010
204,659,363
40,547,247
35,059,547
280,266,157
$ 199,833,368
47,718,354
18,680,207
$ 266,231,929
$ 219,828,396
28,210,746
(20,019,235)
$ 228,019,907
$ 221,299,106
16,963,758
(56,097,289)
$ 182,165,575
$ 255,635,959
15,109,099
(100,727,833)
$ 170,017,225
$
423,138,783
14,574,135
46,561,495
484,274,413
$ 439,466,356
7,064,244
65,859,500
$ 512,390,100
$ 445,669,977
18,061,823
48,863,977
$ 512,595,777
$ 425,007,799
57,809,722
(872,495)
$ 481,945,026
$ 420,099,070
53,623,425
23,503,122
$ 497,225,617
$
627,798,146
55,121,382
81,621,042
764,540,570
639,299,724
54,782,598
84,539,707
$ 778,622,029
665,498,373
46,272,569
28,844,742
$ 740,615,684
646,306,905
74,773,480
(56,969,784)
$ 664,110,601
675,735,029
68,732,524
(77,224,711)
$ 667,242,842
$
$
433,716,852
14,435,813
29,353,438
477,506,103
$
426,245,185
85,592,959
60,793,388
572,631,532
Note:
Accrual-basis financial information for the government as a whole is available back to 2002 only, the year
GASB Statement 34 was implemented.
NET ASSETS GOVERNMENTAL ACTIVITIES
300,000,000.00
Unrestricted
250,000,000.00
200,000,000.00
Restricted
150,000,000.00
100,000,000.00
Invested in capital assets, net of
related debt
50,000,000.00
(50,000,000.00)
2003
2004
2005
2006
2007
2008
2009
2010
NET ASSETS BUSINESS TYPE ACTIVITIES
$600,000,000
$500,000,000
$400,000,000
Unrestricted
$300,000,000
Restricted
$200,000,000
Invested in capital assets, net of related debt
$100,000,000
$-
126
127
18.80%
14.20%
15.10%
16.80%
34,769,261
207,393,463
29,730,493
197,488,844
Debt SVC at % of non-capital expend.
240,957,295
33,563,832
230,940,299
33,451,455
16.80%
21,178,390
Noncap expenditures are total expenditures less capital outlay (to the extent capitalized for
gov-wide statement of net assets) and expenditures for capitalized assets included
within the functional expenditure categories
Total expenditures
213,030,952
235,667,514
capital outlay EXPENDITURES ONLY before 2002
23,870,504
50,835,250
Cap.from recon GAAP to Mod Accr after 2001
debt service
35,508,836
26,216,102
Non-capital expenditures
189,160,448
184,832,264
(16,301,201)
3,593,923
((1,459,240)
,
,
)
25,966,059
0
19,208,800
0
0
4,031,208
0
2,551,000
(235,121)
(1,204,000)
52,452,629
(31,274,239)
22,079,127
29,857,257
86,300,910
10,910,136
13,080,806
0
12,140,882
7,233,931
0
0
0
17,876,885
16,666,778
225,598
24,584,985
240,957,295
153,208,073
28,937,780
11,506,472
6,235,611
3,950,772
1,685,950
4,158,398
209,683,056
2004
15.10%
18.80%
(4,714,319)
734,101
((304,994)
,
)
9,287,089
0
0
0
0
8,813,338
0
0
0
0
18,529,534
(34,830,735)
18,068,644
26,090,847
78,782,692
10,021,057
12,250,313
0
12,622,564
6,294,064
0
0
0
15,568,476
14,157,667
4,350
37,079,625
230,940,299
138,889,765
27,963,320
1,661,837
10,659,646
5,193,295
3,334,953
8,406,748
196,109,564
2003
14.20%
Debt service as a percentage of noncapital
expenditures
(568,765)
7,177,752
((6,615,870)
,
,
)
28,665,000
0
0
5,791
40,186
2,567,006
0
0
0
0
31,839,865
Net change in fund balances
(42,956,231)
(32,408,630)
Other financing sources (uses)
Transfers from other funds
Transfers to other funds
Proceeds from issuance of bonds
Discount from issuance of bonds
Proceeds from refunding bonds
Proceeds from sale of assets
Proceeds from sale of land
Proceeds from capital lease
Proceeds from loan
Premium from issuance of bonds
Payment to escrow for debt service
Payment to refunding bond escrow agent
Total other financing sources (uses)
4,252,157
((4,102,157)
,
,
)
33,727,347
0
0
591
88,134
4,275,840
0
0
0
0
38,241,912
17,217,704
27,780,970
72,844,784
12,612,345
11,766,864
0
19,240,700
5,494,067
0
0
0
12,605,892
13,580,401
29,809
42,493,978
235,667,514
129,727,227
35,853,107
10,587,753
4,800,339
4,588,330
1,573,264
5,581,263
192,711,283
2002
17,626,089
26,621,752
71,883,311
11,538,401
10,711,482
0
8,745,732
6,250,138
0
274,707
0
19,742,961
15,762,510
3,365
23,870,504
213,030,952
116,017,138
34,248,095
10,624,157
4,312,540
8,505,926
1,495,948
5,418,518
180,622,322
2001
Expenditures
General government
Public works
Public Safety
Judicial
Health and welfare
Facilities management
Planning and Development
Parks & Recreation
Nondepartmental
Claims and Judgements
Debt service
Principal
Interest and fiscal charges
Other
Capital outlay
Total expenditures
Excess of revenues over (under)
expenditures
Revenues
Taxes
Intergovernmental
Charges for services
Fines and forfeits
Interest Income
Licenses and permits
Other
Total revenues
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
Last Ten Fiscal Years
(Modified Accrual Basis of Accounting)
15.20%
34,518,530
226,520,339
265,044,042
38,523,703
15.20%
(6,419,717)
3,993,983
((1,778,972)
,
,
)
18,226,608
0
104,779,400
0
0
12,693,340
0
1,480,397
0
(114,186,238)
25,208,518
(31,628,235)
21,554,976
28,138,407
88,386,259
10,623,580
13,227,157
0
13,834,255
7,133,030
0
0
0
18,234,648
16,105,608
178,274
47,627,848
265,044,042
158,651,366
42,831,813
11,005,969
6,242,775
6,907,281
1,761,409
6,015,194
233,415,807
2005
14.00%
33,716,286
241,245,839
291,433,232
50,187,393
14.00%
21,596,954
16,419,291
((3,910,755)
,
,
)
49,361,062
0
636,222
3,400,109
0
8,631,144
0
0
0
0
74,537,073
(52,940,119)
25,676,780
33,178,154
94,323,734
10,960,092
13,869,503
0
14,029,108
7,659,686
0
0
0
20,186,633
13,091,102
438,551
58,019,889
291,433,232
167,245,525
28,174,958
10,723,274
6,026,860
9,657,697
1,821,676
14,843,123
238,493,113
2006
16.20%
41,305,924
255,085,766
313,168,617
58,082,851
16.20%
(37,041,001)
30,057,936
((27,507,160)
,
,
)
0
0
(7,235,000)
6,366,021
0
11,312,299
0
480,887
0
16,805,000
30,279,983
(67,320,984)
27,050,974
33,439,156
103,932,912
11,804,541
14,447,927
0
12,810,765
9,125,662
0
0
0
26,440,847
14,386,641
478,436
59,250,756
313,168,617
172,169,402
28,893,929
11,014,270
6,347,172
11,362,492
2,036,912
14,023,456
245,847,633
2007
17.88%
51,492,835
287,924,819
317,352,054
29,427,235
17.88%
(36,414,865)
49,121,870
((40,930,199)
,
,
)
39,405,239
0
0
69,361
0
730,993
0
378,647
0
(9,900,000)
38,875,911
(75,290,776)
29,773,536
28,519,572
106,616,700
11,656,145
14,014,561
0
24,867,431
8,669,841
0
0
0
35,282,367
15,505,340
705,128
41,741,433
317,352,054
174,657,584
30,465,945
11,289,047
6,879,659
7,638,204
2,083,703
9,047,136
242,061,278
2008
17.08%
46,403,214
271,671,345
298,742,663
27,071,318
17.08%
(31,131,500)
28,458,409
((23,329,251)
,
,
)
21,545,726
(282,240)
0
8,197
0
929,600
0
0
0
0
27,330,441
(58,461,941)
23,630,694
33,521,679
106,722,422
11,407,740
14,164,694
0
16,856,928
8,636,966
0
0
0
31,504,403
14,086,063
812,748
37,398,326
298,742,663
173,727,730
31,658,398
2,090,162
11,887,889
7,134,965
3,812,573
9,969,005
240,280,722
2009
16.65%
49,898,961
299,773,606
322,934,098
23,160,492
16.65%
96,863,418
31,663,998
((11,427,434)
,
,
)
140,635,339
(177,896)
8,175,000
714,789
0
2,311,526
0
4,216,368
0
(8,105,000)
168,006,690
(71,143,272)
23,557,173
34,264,954
104,581,273
10,740,785
14,104,662
0
18,467,426
6,060,195
0
0
0
36,634,039
12,284,553
980,369
61,258,669
322,934,098
179,650,292
35,152,715
15,074,325
7,464,884
2,697,361
2,361,505
9,389,744
251,790,826
2010
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS
CHANGES IN NET ASSETS
Last Seven Fiscal Years
(Accrual Basis of Accounting)
2003
Expenses
Governmental activities:
General government
Public safety
Public works
Health and welfare
Parks and recreation
Planning and development
Interest on long-term debt
Total governmental activities expenses
$
Business-type activities:
Electric and water systems
Public levee
EMS
Stormwater
Sewer system
Sunflower Hills golf course
Total business-type activities expenses
Total primary government expenses
Program Revenues
Charges for services:
General government
Public safety
Public works
Health and welfare
Parks and recreation
Planning and development
20,450,817
91,883,771
40,662,535
12,655,563
6,664,348
12,210,291
13,790,519
198,317,844
2004
$
199,977,106
1,005,850
0
0
18,750,083
911,061
220,644,100
24,150,922
97,508,137
33,112,307
12,795,008
6,813,175
12,418,389
13,516,281
200,314,219
2005
$
209,076,832
1,061,810
0
0
20,864,558
883,174
231,886,374
25,959,678
101,728,966
44,311,788
13,373,754
7,002,155
14,304,521
12,963,447
219,644,309
2006
$
232,559,743
1,093,984
3,734,121
0
20,094,031
949,965
258,431,844
2007
2008
2009
2010
27,673,242
105,717,926
58,489,179
13,769,503
7,361,313
14,283,076
14,125,057
241,419,296
$30,290,793
124,080,775
54,490,909
14,798,255
9,343,632
12,907,802
15,987,447
261,899,613
$38,152,695
133,104,186
58,852,528
14,715,932
9,801,025
17,431,756
16,041,480
288,099,602
$28,883,020
135,838,855
58,231,382
14,496,775
9,409,508
23,102,672
15,629,555
285,591,767
$27,087,733
128,169,717
49,439,819
14,729,903
6,476,736
41,321,126
17,491,196
284,716,230
250,258,575
1,271,762
3,849,025
0
21,530,247
861,923
277,771,532
230,920,697
1,527,795
5,081,613
0
21,365,521
759,816
259,655,442
238,766,982
1,164,347
5,824,847
0
22,056,220
910,510
268,722,906
236,173,513
1,504,174
6,944,949
661,304
23,788,544
819,472
269,891,956
221,565,124
1,413,301
7,367,253
1,480,508
17,772,564
679,706
250,278,456
$
418,961,944
$
432,200,593
$
478,076,153
$
519,190,828
$
521,555,055
$
556,822,508
$
555,483,723
$
534,994,686
$
3,079,145
6,393,201
4,425,284
898,229
505,744
2,429,005
$
3,746,853
8,247,080
4,466,741
510,671
508,492
2,926,358
$
2,859,284
7,513,049
3,971,522
942,128
538,004
3,690,690
$
2,738,188
7,293,839
4,464,289
945,870
540,683
3,113,349
$
2,931,976
8,062,735
4,271,881
987,319
584,603
3,128,384
$
2,582,381
9,021,180
4,716,235
1,539,141
556,240
2,615,712
$
3,549,937
9,073,041
6,693,601
789,085
585,003
2,259,151
$
4,623,345
9,840,757
8,028,250
162,850
1,166,756
3,201,347
Operating grants and contributions:
General government
Public safety
Public works
Health and welfare
Parks and recreation
Planning and development
Interest on long-term debt
Capital grants and contributions:
General government
Public works
Planning and development
Total governmental activities program revenues
101,650
5,879,312
7,752,699
7,492,093
253,403
5,808,274
0
55,217
4,837,755
8,444,469
7,868,850
459,032
7,090,819
0
404,467
5,610,602
8,809,026
8,192,238
347,330
5,992,414
0
461,422
6,214,383
7,430,081
8,409,496
422,436
5,725,466
0
559,762
5,724,447
9,664,249
8,276,022
830,506
4,893,831
0
588,008
6,248,268
9,000,428
7,896,489
580,812
7,677,848
0
857,042
4,685,658
7,863,473
7,921,420
3,050,717
8,537,247
0
886,779
6,135,125
7,696,076
8,087,027
2,700,000
12,826,305
340,372
108,829
877,367
665,708
46,669,943
0
2,012,330
589,030
51,763,697
0
14,404,547
212,243
63,487,544
0
789,990
972,508
49,522,000
0
249,372
187,037
50,352,124
0
2,284,824
139,622
55,447,188
0
2,742,209
217,585
58,825,169
0
1,446,928
649,659
67,791,576
Business-type activities:
Charges for services:
Electric and Water systems
EMS
Public Levee
Stormwater
Sewer System
Sunflower Hill Golf Course
201,535,316
0
957,759
0
17,033,222
632,293
207,407,693
0
985,475
0
17,017,442
720,372
221,945,484
3,207,214
984,779
0
15,628,899
740,497
258,910,231
3,365,556
988,970
0
17,279,920
826,618
228,782,367
3,269,900
991,053
0
17,515,426
747,656
240,093,868
4,216,457
1,083,636
0
18,067,391
729,321
210,068,949
4,251,550
1,077,112
1,004,109
18,140,230
715,492
237,159,626
4,414,666
850,896
2,213,075
19,855,939
669,895
Operating grants and contributions:
Capital grants and contributions:
Electric and Water systems
Sewer System
Total business-type activities program revenues
Total primary government program revenues
$
1,166,323
0
221,324,913
267,994,856
275,314
0
226,406,296
278,169,993
1,281,668
0
243,788,541
307,276,085
1,403,996
0
282,775,291
332,297,291
880,873
0
252,187,275
302,539,399
1,466,171
0
265,656,844
321,104,032
209,965
0
235,467,407
294,292,576
300,888
566,162
266,031,147
333,822,723
Net (Expense)/Revenue
Governmental activities
Business-type activities
$ (151,647,901)
680,813
$
(148,550,522)
(5,480,078)
$ (156,156,765)
(14,643,303)
$ (191,897,296)
5,003,759
$ (211,547,489)
(7,468,167)
$ (232,652,414)
(3,066,062)
$ (226,766,598)
(34,424,549)
$ (216,924,654)
15,752,691
Total primary government net expense
$ (150,967,088)
$
(154,030,600)
$ (170,800,068)
$ (186,893,537)
$ (219,015,656)
$ (235,718,476)
$ (261,191,147)
$ (201,171,963)
$
$
128
$
$
$
$
$
2003
General Revenues and Other Changes in Net Assets
Governmental activities:
Property taxes
Sales taxes
Franchise taxes
Other taxes
Transient guest tax
Unrestricted investment earnings
Miscellaneous
Special Item
Transfers
Total governmental activities
$
Business-type activities:
Sales taxes
Other taxes
Unrestricted investment earnings
Miscellaneous
Transfers
Total business-type activities
Total primary government
Change in Net Assets
Government activities
Changes in Net Assets
Net Assets-Beginning of year
Prior period adjustment
Total governmental activities
$
0
122,772
1,078,832
160,270
6,408,453
7,770,327
$
$
$
Busniess-type activities
Changes in Net Assets
Net Assets-Beginning of year
Prior period adjustment
Total primary government
81,729,448
30,722,833
20,548,610
4,076,205
380,505
3,379,196
8,460,509
0
(6,408,453)
142,888,853
2004
150,659,180
(8,759,048)
34,784,709
39,966,338
65,991,999
555,418,910
$
0
64,387
1,182,696
36,980
2,428,990
3,713,053
161,276,399
$
$
9,012,824
65,991,999
8,800,919
83,805,742
$
$
$
(1,767,025)
489,426,911
(7,885,000)
479,774,886
$
563,580,628
88,561,866
40,051,945
23,285,298
5,211,118
383,537
7,271,873
6,026,557
0
(3,145,034)
167,647,160
2006
$
4,498,357
24,592
4,526,300
321,326
3,145,034
12,515,609
$
8,451,140
480,975,771
0
489,426,911
$
87,936,864
38,042,197
21,209,636
4,217,900
362,635
4,138,761
4,084,343
0
(2,428,990)
157,563,346
2005
180,162,769
11,490,395
83,805,742
(170,708)
95,125,429
572,631,532
Note: Accrual-basis financial information for the government as a whole is
available back to 2002 only, the year GASB Statement 34 was implemented.
129
$
4,016,471
56,333
4,426,872
195,267
(6,930,392)
1,764,551
93,692,006
47,694,289
24,087,737
4,556,518
587,861
12,295,118
20,369,476
0
(2,991,205)
200,291,800
2008
$
3,999,892
9,442
3,127,564
530,266
2,991,205
10,658,369
96,321,532
47,236,982
24,825,134
3,927,701
629,348
8,394,705
9,488,051
0
3,616,939
194,440,392
2009
$
3,927,919
7,484
1,459,007
21,882
(3,616,939)
1,799,353
95,137,607
44,174,371.00
28,568,370.00
3,744,134.00
628,507.00
4,384,308
7,234,993
0
1,550,805
185,423,095
2010
$
3,578,923
6,073
619,140
1,120,467
(1,550,805)
3,773,798
86,298,207
52,252,785.00
35,854,199.00
3,114,724.00
678,869.00
3,580,620
6,678,702
10,959,260
17,504,964
216,922,330
3,738,538
467,604
680,696
(17,504,964)
(12,618,126)
$
202,136,063
$
210,950,169
$
196,239,745
$
189,196,893
$
204,304,204
$
8,474,216
95,125,429
176,666,512
280,266,157
$
(11,255,689)
280,266,156
(2,778,538)
266,231,929
$
(38,212,022)
266,231,929
0
228,019,907
$
(41,343,503)
228,019,907
(4,510,829)
182,165,575
$
(2,324)
182,165,575
0
182,163,251
$
(2,127,694)
479,774,886
(141,089)
477,506,103
$
90,034,909
44,218,277
25,115,152
5,032,840
524,858
10,271,852
18,243,232
0
6,930,392
200,371,512
2007
$
6,768,310
477,506,103
0
484,274,413
$
764,540,570
$
3,190,202
484,274,413
24,925,485
512,390,100
$
778,622,029
$
(1,266,709)
512,390,100
1,472,386
512,595,777
$
740,615,684
$
(30,650,751)
512,595,777
0
481,945,026
$
664,110,601
3,134,565
481,945,026
0
485,079,591
$
667,242,842
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
FUND BALANCES OF GOVERNMENTAL FUNDS
Last Ten Fiscal Years
(Modified Accrual Basis of Accounting)
2001
General Fund
Reserved
Unreserved
Designated for restricted sales tax
$
Total general fund
2002
$
2004
2005
2,269,385
28,287,880
7,964
$
3,359,019
38,631,062
7,964
$
3,255,606
40,336,774
7,964
$
4,658,857
44,589,586
7,964
$ 21,431,326
$ 30,565,229
$
41,998,045
$ 43,600,344
$
49,256,407
11,618,275
14,847,439
15,513,792
12,456,963
All Other Governmental Funds
Reserved
Unreserved
Designated
Designated crossover refunded bonds
Undesignated
Special revenue funds
Debt service Fund
Capital projects funds
2,327,700
7,748,333
11,355,293
2003
12,260,930
18,852,451
16,853,808
13,115,288
(38,552,611)
Total all other governmental funds
$
3,034,760
13,898,900
9,273,021
(31,997,805)
$
6,021,555
13,212,564
5,143,497
(55,582,315)
$ (21,712,462)
FUND BALANCE
60000000
50000000
2000
40000000
2001
2002
30000000
2003
2004
2005
20000000
2006
2007
2008
10000000
2009
2010
0
1
General Fund
130
12,706,840
3,311,598
(45,513,304)
$
1,814,548
15,723,679
2,611,751
(41,028,300)
$ (10,431,940)
2006
$
2007
2008
2009
2010
3,731,365
46,090,297
7,964
$
2,534,531
41,021,879
7,964
$
2,209,108
22,399,364
7,964
$
1,260,078
14,860,536
7,964
$
1,741,912
9,899,484
7,964
$ 49,829,626
$
43,564,374
$
24,616,436
$
16,128,578
$
11,649,360
17,694,680
15,579,130
22,973,920
10,025,335
15,503,824
6,366,505
(26,201,227)
$ 13,363,782
-
15,871,924
11,057,310
(69,945,666)
$
(17,411,967)
14,740,008
$
17,284,705
-
9,519,621
15,286,601
(77,885,673)
3,453,909
10,113,695
(81,056,786)
(30,105,531)
$ (52,749,174)
12,361,508
3,112,038
15,830,660
4,551
$
48,593,462
Fund Balances
60000000
2000
40000000
2001
2002
20000000
2003
2004
2005
0
2006
1
2007
2008
-20000000
2009
2010
-40000000
-60000000
All Other Governmental Funds
131
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
ASSESSED AND ESTIMATED ACTUAL VALUES OF TAXABLE TANGIBLE PROPERTY
Including Motor Vehicles, Last Ten Fiscal Years
UNIFIED GOVERNMENT PRIMARY GOVERNMENT
Real Property (1)
Personal Property (2)
Utilities (2)
Total
Fiscal
Year
Assessed
Value
Assessed
Value
Assessed
Value
Assessed
Value
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
549,585,462
609,116,757
709,640,218
764,230,086
832,146,776
908,899,542
1,026,694,090
1,069,442,741
966,053,674
927,030,390
307,150,275
321,917,175
325,724,475
316,770,970
322,022,598
324,970,743
293,356,034
265,953,815
242,392,251
225,604,185
60,703,594
60,956,276
60,402,920
64,463,803
62,065,428
60,672,383
60,003,173
59,613,262
55,937,343
63,329,809
917,439,331
991,990,208
1,095,767,613
1,145,464,859
1,216,234,802
1,294,542,668
1,380,053,297
1,395,009,818
1,264,383,268
1,215,964,384
ASSESSED VALUE OF PROPERTY
1,400,000,000
1,200,000,000
1,000,000,000
800,000,000
600,000,000
400,000,000
200,000,000
0
2001
2002
2003
"Real Property"
2004
2005
2006
2007
"Personal Property"
2008
2009
2010
"Utilities"
1
Real Property Estimated Actual Value is the value assinged by the County Appraiser on taxable property.
2
Personal Property Estimated Actual Value and Utilies Estimated Actual Value was calculated using a formula based on assessed rate
Source: Unified Government Clerk
132
Fiscal
Year
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Real Property (1)
Personal Property (2)
Utilities (2)
Estimated
Actual Value
Estimated
Actual Value
Estimated
Actual Value
3,699,471,451
4,134,020,162
4,921,733,506
5,311,900,328
5,783,420,083
6,214,268,915
6,848,879,075
7,135,799,722
6,641,739,576
6,641,739,576
781,859,024
824,754,508
838,907,600
758,214,491
768,418,871
802,291,592
628,612,840
1,188,771,374
1,090,054,600
1,019,460,051
Estimated
Actual Value
183,950,285
184,715,988
183,039,150
195,344,662
188,058,247
183,855,706
181,827,797
180,646,248
169,507,100
191,908,512
Assessed/
Actual Ratio
Total
Direct
Tax Rate
19.67%
19.29%
18.44%
18.28%
18.05%
17.98%
18.02%
16.40%
16.00%
15.48%
166.229
164.472
158.343
158.911
159.221
158.510
155.599
152.702
164.663
167.745
4,665,280,760
5,143,490,658
5,943,680,256
6,265,459,481
6,739,897,201
7,200,416,213
7,659,319,712
8,505,217,344
7,901,301,276
7,853,108,139
ESTIMATED ACTUAL VALUE
9,000,000,000
8,000,000,000
7,000,000,000
6,000,000,000
5,000,000,000
4,000,000,000
3,000,000,000
2,000,000,000
1,000,000,000
0
2001
2002
"Real Property"
2003
2004
2005
"Personal Property"
133
2006
2007
"Utilities"
2008
2009
2010
134
18.364
Community College
4.181
Other Districts
Source: Unified Government Clerk
3.380
4.100 - 8.260
1.153
Library
Drainage Districts
Cemetery Districts
50.377 - 76.328
39.027
43.773
14.334
School Districts
48.847
20.434
1.078
1.656
0.235
2.206
0.000
0.000
0.340
0.052
0.181
0.966
0.042
0.000
1.538
0.557
0.666
0.000
0.000
0.000
6.277
0.000
36.228
Kansas City
$
2001
Bonner Springs
Edwardsville
Lake Quivira
City Rates
County Direct Rates
General
Election
County Park
Historical Society
Appraiser's Cost
Reappraisal
Noxious Weed
Wy. County Extension Council
Soil Conservation
County Fair Building
Service Program - Aging
Arts Program/Projects
Economic Development
Health Department
Mental Health
Developmental Disabilities
Juvenile Detention
Community College Tuition
Employee's Benefit
Bond and Interest
County Infrastructure
Total direct rate
(rate per $1,000 of assessed value)
19.177
38.926
42.290
13.639
48.925
20.494
0.903
1.958
0.236
2.212
0.000
0.000
0.341
0.052
0.181
0.969
0.042
0.000
1.543
0.559
0.550
0.000
0.000
0.000
6.295
0.000
36.335
0.000
3.380
3.998 - 8.784
0.914
52.948 - 62.651
$
2002
19.192
35.752
40.885
13.387
46.449
17.847
0.904
2.156
0.189
2.214
0.000
0.000
0.307
0.046
0.154
0.946
0.038
0.000
1.498
0.492
0.523
0.000
0.000
0.000
5.379
0.000
32.693
2003
0.000
3.380
3.908 - 13.277
0.639
41.505 - 65.344
$
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
PROPERTY TAX RATES
DIRECT AND OVERLAPPING GOVERNMENTS
Last Ten Years
20.423
33.625
39.643
13.126
43.952
21.428
0.903
2.154
0.170
2.212
0.000
0.000
0.307
0.046
0.154
0.945
0.038
0.000
1.516
0.492
0.523
0.000
0.000
0.000
1.776
0.000
32.664
0.000
3.380
3.867 - 12.613
0.587
48.872 - 65.843
$
2004
20.331
32.568
34.833
13.688
42.742
20.335
0.846
2.144
0.169
2.066
0.000
0.000
0.306
0.044
0.147
0.941
0.036
0.000
1.509
0.490
0.478
0.000
0.000
0.000
0.000
1.768
31.279
0.000
3.380
4.016 - 10.634
0.516
52.700 - 65.372
$
2005
20.244
31.127
34.211
13.700
41.588
19.750
0.842
2.135
0.168
2.057
0.000
0.000
0.299
0.043
0.144
0.896
0.035
0.000
1.503
0.458
0.476
0.000
0.000
0.000
0.000
1.593
30.399
0.000
3.380
4.101 - 10.066
0.248
45.509 - 65.037
$
2006
19.524
30.456
40.427
13.553
40.685
22.208
0.846
2.145
0.169
0.000
0.000
0.000
0.000
0.043
0.145
0.900
0.035
0.000
1.510
0.460
0.478
0.000
0.000
0.000
0.000
1.600
30.539
0.000
4.130
4.101 - 11.269
0.261
48.876 - 65.627
$
2007
19.296
29.065
40.427
13.315
40.258
23.102
0.847
2.148
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.901
0.000
0.000
1.512
0.461
0.479
0.000
0.000
0.000
1.027
0.000
30.477
0.000
4.130
4.101 - 11.285
0.261
51.257 - 67.818
$
2008
19.991
29.086
42.441
13.226
40.808
24.557
0.858
1.216
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.811
0.000
0.000
1.532
0.416
0.485
0.000
0.000
0.000
1.014
0.000
30.889
0.000
4.130
4.798 - 11.471
0.000
61.416 - 71.475
$
2009
$
0.000
5.030
4.121 - 13.428
0.000
61.414 - 68.078
23.456
30.101
44.505
13.633
40.808
27.911
0.858
1.467
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.909
0.000
0.000
1.532
0.333
0.315
0.000
0.000
0.000
0.819
0.000
34.144
2010
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
PRINCIPAL PROPERTY TAX PAYERS
Current Year and Nine Years Ago
Fiscal Year 2010
Assessed
Value
General Motors
Legends Shopping Center
Prime Investments LLC
Certain-Teed Corp.
Nebraska Furniture Mart
Proctor and Gamble
Great Wolf Kansas SPE LLC
Owens Corning
Associated Wholesale Grocers
Cabela's
Southwestern Bell Telephone
Burlington Northern Santa Fe
Williams Pipeline
Sunshine Biscuits
Colgate Palmolive
PQ Corporation
$45,649,145
22,621,663
10,791,177
10,642,681
9,087,012
6,867,476
6,866,335
5,645,235
5,478,833
5,237,650
Fiscal Year 2001
Rank
Percentage
of Total
County
Taxable
Assessed
Value
1
2
3
4
5
6
7
8
9
10
4.15%
2.06%
0.98%
0.97%
0.83%
0.62%
0.62%
0.51%
0.50%
0.48%
$128,887,207
Total 2010 Wyco Assessed Value
11.73%
Rank
Percentage
of Total
County
Taxable
Assessed
Value
$64,158,748
1
7.96%
8,576,053
5
1.06%
16,917,131
2
2.10%
11,594,652
4
1.44%
15,933,280
6,512,966
6,190,325
5,958,394
5,300,345
5,196,125
3
6
7
8
9
10
1.98%
0.81%
0.77%
0.74%
0.66%
0.64%
Assessed Value
$146,338,019
18.16%
$1,098,921,073
*Does not include exempt properties including businesses with exemptions granted which require payments in lieu of taxes or properties which are part of a TIF
project.
Source: Unified Government Appraisers Office
135
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
GENERAL PROPERTY TAX LEVIES AND COLLECTIONS
Last Ten Fiscal Years
UNIFIED GOVERNMENT PRIMARY GOVERNMENT
Taxes Levied
Collected within the
for the
Fiscal Year of the Levy
Tax
Fiscal Year
Percentage of
1
(Original Levy)
Amount
Original Levy
Year
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
57,226,073
66,098,496
72,114,983
74,418,396
75,569,970
77,667,951
80,690,926
86,210,883
86,553,044
78,780,950
Tax
Year
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Amount
Levied
57,226,073
66,098,496
72,114,983
74,418,396
75,569,970
77,667,951
80,690,926
86,210,883
86,553,044
78,780,950
52,247,862
61,282,410
65,772,067
69,818,912
71,510,400
72,433,411
74,975,134
78,613,006
77,018,671
70,555,802
91.30%
92.71%
91.20%
93.82%
94.63%
93.26%
92.92%
91.19%
88.98%
89.56%
Amount
Collected
52,247,862
61,282,410
65,772,067
69,818,912
71,510,400
72,433,411
74,975,134
78,613,006
77,018,671
70,555,802
Collections
in Subsequent
2
Year
1,962,380
2,569,482
3,094,839
4,050,439
3,064,412
3,449,003
3,650,409
1,774,645
3,745,926
3,450,675
Amount
Delinquent
4,978,211
4,816,086
6,342,916
4,599,484
4,059,570
5,234,540
5,715,792
7,597,877
9,534,373
8,225,148
Total Collections to Date
Percentage of
Amount
Adjusted Levy
54,210,242
63,851,892
68,866,906
73,869,351
74,574,812
75,882,414
78,625,543
80,387,651
80,764,597
74,006,477
94.73%
96.60%
95.50%
99.26%
98.68%
97.70%
97.44%
93.25%
93.31%
93.94%
Percent
Delinquent
8.70%
7.29%
8.80%
6.18%
5.37%
6.74%
7.08%
8.81%
11.02%
10.44%
DELINQUENT PERCENTAGE OF CURRENT LEVY
12.00%
10.00%
8.00%
6.00%
4.00%
2.00%
0.00%
2001
2002
2003
2004
2005
1
2006
2007
2008
2009
Taxes levied support the subsequent year's budget, e.g., 2007 taxes financed 2008 spending.
County Treasurer's records do not provide a determination of delinquent tax collections by levy year; therefore,
delinquent tax collections may include collections of prior year delinquencies and current year delinquencies
Source: Unified Government Treasurer
2
136
2010
137
5,064,218
3,705,973
2 433 011
2,433,011
7,885,000
7,510,000
16,811,628
16,147,752
20,915,297
22,384,448
39,734,634
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
0
0
302 811
302,811
186,812
1,342,758
1,080,600
943,125
773,492
1,077,448
1,792,146
13,625,417
12,963,164
12 278 196
12,278,196
13,742,461
13,617,355
15,737,397
14,820,947
13,816,268
13,653,555
12,570,320
Revolving Loan
Sewer
Capital
Leases
2,557,961
6,566,155
13,040,877
14,750,379
23,269,448
27,187,694
35,179,385
19,805,238
14,920,099
14,859,322
Capital
Leases
1,487,466
1,339,875
506,005
0
0
0
0
0
0
0
Special
Assessments
245,565,239
253,334,835
243 417 749
243,417,749
356,268,483
344,780,565
333,954,975
323,001,990
313,043,225
363,881,515
355,430,000
Bonds
BPU
Revenue
530,000
455,000
375,000
290,000
200,000
105,000
0
8,200,000
8,100,000
0
Certificates of
Participation
1
Population and personal income data can be found in the Deomographic Schedule
These ratios are calculated using personal income and populations for the prior calendar year.
Details regarding the Unified Government's outstanding debt can be found in the notes to the financial statements.
Bonds
Year
2001
119,730,650
2002
132,636,985
2003
121,136,595
2004
137,870,000
2005
103,340,000
2006
123,158,372
2007
123,042,248
2008
132,294,703
2009
138,680,552
2010
223,100,366
Business Type Activities
General
Fiscal
Obligation
Governmental Activities
General
Fiscal
Obligation
Year
Bonds
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
RATIOS OF OUTSTANDING DEBT BY TYPE
Last Ten Fiscal Years
0
0
5 216 938
5,216,938
10,227,180
7,965,358
3,342,010
1,738,066
1,018,921
650,042
367,952
Leases
BPU
Capital
5,154,970
5,041,000
4,873,000
4,693,000
4,500,000
4,294,000
4,073,000
3,837,000
3,584,000
3,314,000
Section 108
Loan
0
0
0
11,297,568
17,076,082
20,471,208
23,690,167
22,707,905
21,710,900
20,717,121
Revolving Loan
BPU
52,965,413
46,017,057
54,602,785
62,206,066
90,510,116
84,941,306
75,131,738
64,314,106
54,352,319
85,317,108
STAR
Bonds
446,681,334
462,060,044
458 182 967
458,182,967
619,416,949
614,111,682
651,019,190
637,183,418
621,521,155
663,574,878
777,211,969
Government
Total
Primary
0
0
0
0
0
19,935,000
19,415,000
20,795,000
20,580,000
20,009,000
TDD
Bonds
13.7%
13.6%
13 5%
13.5%
17.7%
17.1%
17.6%
16.2%
14.1%
14.9%
16.8%
Percentage
of Personal
Income 1
$
$
$
$
$
$
$
$
$
$
2,819
2,930
2 922
2,922
3,976
3,944
4,186
4,103
4,030
4,267
4,935
Per
Capita 1
138
Total
3.31%
3.64%
3.32%
3.48%
2.94%
3.51%
3.14%
3.34%
3.52%
5.60%
Percentage of
Personal
Income 2
2001
124,794,868
(13,115,288)
111,679,580
2002
136,342,958
(9,273,021)
127,069,937
2003
123,569,606
(5,143,497)
118,426,109
2004
145,755,000
(22,164,049)
123,590,951
2005
110,850,000
(2,611,751)
108,238,249
2006
139,970,000
(6,366,505)
133,603,495
2007
139,190,000
(15,744,129)
123,445,871
2008
153,210,000
(5,927,079)
147,282,921
2009
161,065,000
(3,846,913)
157,218,087
2010
262,835,000
(3,846,913)
258,988,087
1
Includes General Obligation Bonds
2
Population and personal income data can be found in the Demographic Schedule
3
Property value data can be found in Schedule Actual Values Schedule
Fiscal
Year
General Bond Debt Outstanding
Less:
General
Amounts
Obligation
Restricted to
Repaying Principal
Debt 1
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
RATIOS OF GENERAL BONDED DEBT OUTSTANDING
Last Ten Fiscal Years
2.39%
2.47%
1.99%
1.97%
1.61%
1.86%
1.61%
1.73%
1.99%
3.30%
Percentage of
Actual Value
of Taxable
Property 3
705
806
755
793
695
859
795
955
1,011
1,644
Per
Capita 2
139
Total net debt applicable to the limit
as a percentage of debt limit
Legal debt margin
Total net debt applicable to limit
34.84%
179,283,326
95,869,258
168,740,223
(72,870,965)
275,152,584
Debt limit (30% of total valuation)
Amount of debt applicable to limit
Total bonded indebtedness
Less exempt issues
991,920,208
917,175,281
33.96%
196,525,478
101,050,584
173,883,472
(72,832,888)
297,576,062
$ 876,261,660
115,658,548
$ 805,753,812
111,421,469
Statutory debt capacity:
Equalized assessed valuation of taxable
tangible property
Estimated tangible valuation of motor vehicles
Estimated tangible valuation for computation
of bonded indebtedness limitations
2002
(As of 12/31/02)
2001
(As of 3/01/02)
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
LEGAL DEBT MARGIN INFORMATION
Last Ten Fiscal Years
$
2003
33.37%
219,034,263
109,696,021
196,470,560
(86,774,539)
328,730,284
1,095,767,613
979,770,034
115,997,579
(As of 9/30/03)
2004
31.53%
224,528,634
103,371,831
190,738,147
(87,366,316)
327,900,465
1,093,001,549
$ 1,026,233,344
66,768,205
(As of 12/31/04)
2005
32.57%
246,037,512
118,832,929
219,100,218
(100,267,289)
364,870,441
1,216,234,802
$ 1,094,321,285
121,913,517
(As of 3/15/06)
2006
28.13%
279,109,630
109,253,170
221,435,000
(112,181,830)
388,362,800
1,294,542,668
$ 1,170,144,823
124,397,845
(As of 3/01/07)
2007
31.99%
269,347,404
126,667,633
243,785,000
(117,117,367)
396,015,037
1,320,050,124
$ 1,194,327,556
125,722,568
(As of 12/31/07)
2008
44.55%
232,051,608
186,454,337
273,547,299
(87,092,962)
418,505,945
1,395,019,818
1,270,053,704
124,966,114
(As of 12/31/08)
2009
51.15%
185,310,482
194,004,498
275,107,299
(81,102,801)
379,314,980
1,264,383,268
1,143,897,672
120,485,596
(As of 12/31/09)
2010
52.91%
171,773,121
193,016,194
313,695,000
(120,678,806)
364,789,315
1,215,964,384
1,098,921,073
117,043,311
(As of 12/31/10)
14
40
3
2
1
166,979,319
193,423,024
202,392,507
208,395,400
226,137,858
262,805,352
248,628,392
258,694,309
231,955,328
265,907,854
Gross
Revenues 3
127,369,709
132,731,055
145,425,899
154,234,242
163,244,269
181,735,686
180,408,174
191,646,083
185,129,869
171,635,395
-
0.50
1.00
1.50
2.00
2.50
3.00
3.50
39,609,610
60,691,969
56,966,608
54,161,158
62,893,589
81,069,666
68,220,218
67,048,226
46,825,459
94,272,459
242,670
139,798
2,967,510
6,764,383
7,512,182
9,956,814
12,769,316
12,785,814
12,010,638
13,529,636
Sales Tax
Revenues
0
0
701,346
2,511,578
370,720
5,568,810
9,809,568
10,817,632
9,961,787
11,116,268
Principal
204,804
594,514
1,976,216
5,172,211
5,687,718
4,135,336
3,839,332
3,485,647
3,190,804
2,723,395
Interest
1.18
0.24
1.11
0.88
1.24
1.03
0.94
0.89
0.91
0.98
Coverage
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
BOARD OF PUBLIC UTILITIES
Includes sales tax generated in three transporation development districts. See more in Note III.F. to the financial statements.
Excludes depreciation expense, amortization expense, and amortization revenue.
1.52
2.25
2.07
1.67
1.91
2.47
2.15
2.37
1.45
2.94
Coverage
STAR Bonds 1
REVENUE BOND COVERAGE
26,142,132
27,009,457
27,512,785
32,410,066
32,890,229
32,857,208
31,666,838
28,254,720
32,331,488
32,032,299
Total
Debt Service
Requirements
Includes sales tax generated in the Prairie Delaware Redevelopment District. See more in Note III.F. to the financial statements.
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Fiscal
Year
BPU Revenue Bonds
Direct
Net
Operating
Available
3
Expenses
Revenue
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
PLEDGED-REVENUE COVERAGE
Last Ten Fiscal Years
(TIMES))
0
0
0
0
0
257,398
1,277,777
1,221,851
1,384,668
1,653,312
Sales Tax
Revenues
0
0
0
0
0
0
520,000
620,000
615,000
571,000
Principal
0
0
0
0
0
95,929
933,241
963,369
1,019,714
1,016,321
Interest
TDD Bonds 2
n/a
n/a
n/a
n/a
n/a
2.68
0.88
0.77
0.85
1.04
Coverage
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
DEMOGRAPHIC AND ECONOMIC STATISTICS
Last Ten Fiscal Years
Year
Population
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
158,271
157,293
155,942
154,376
153,700
152,900
153,454
154,233
155,499
157,505
Personal
Income
(thousands
of dollars)
Per
Capita
Personal
Income
3,369,922
3,490,757
3,568,120
3,627,486
3,742,504
3,970,858
4,223,792
4,408,160
4,463,250
4,622,588
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(2)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(4)
Public
School
Enrollment
21,295
22,201
22,903
23,514
24,367
25,986
27,549
28,630
28,779
29,872
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(4)
Unemployment
Rate (5)
29,161
29,057
28,823
28,571
28,059
27,970
27,877
27,867
28,538
28,455
7.5%
9.5%
11.0%
9.3%
8.8%
7.6%
7.4%
7.9%
11.0%
10.4
Includes Kansas City Kansas #500, Turner #202, Piper #203, Bonner Springs #204 and the Parachial schools within Wyandotte County.
PER CAPITA INCOME
35,000
30,000
25,000
20,000
15,000
10,000
5,000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Notes:
U.S. Dept of Commerce, Bureau of Census, Local Population Estimates, revisions post-2010 Census data release.
2
2010 U.S. Census Counts
3
Bureau of Economic Analysis
4
Estimates based on trends
5
Due to changes made by the Kansas Dept of Labor on how employment statistics are calculated,
2000 or later years are not comparable to prior years. Therefore, the data is not shown above.
1
141
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
PRINCIPAL EMPLOYERS
Current Year and Nine Years Ago
Fiscal Year 2010
Employees in
County
(Employment
Range)
Kansas University Hospital
General Motors Corporation
Kansas City, KS School District #500
University of Kansas Medical Center
Burlington Northern/Santa Fe Railroad
Unified Government of Wyandotte Co/KCK
Providence Medical Center
Nebraska Furniture Mart
Associated Wholesale Grocers
Kansas City, Kansas Community College
United Parcel Service
Elite Logistics
Tele-Tech
4000-4500
3500-4000
3500-4000
2500-3499
2500-3499
1000-2499
1000-2499
1000-2499
1000-2499
750-999
23,953
Fiscal Year 2001
Rank
1
2
3
4
5
6
7
8
9
10
-
*Combined figure for Kansas University Medical Center and Hospital.
142
Percentage of
Total County
Employment
5.42%
4.66%
4.40%
3.60%
3.01%
2.75%
1.35%
1.34%
1.27%
1.06%
28.86%
Employees
in County
(Employmen
t Range)
Rank
2500-5000
2500-5000
2500-5000
1
3
2
1000-2499
1000-2499
750-999
5
4
6
15
8
7
9
10
750-999
750-999
750-999
750-999
-
Percentage
of Total
County
Employment
*
-
143
Source: Unified Government Annual Budget Reports
County & City Unified October 1997
Health & Welfare
-
500
1,000
1,500
2,000
2,500
3,000
2,348
2,352
2,221
381
1,128
386
112
70
144
2,333
405
1,221
409
111
65
123
2,351
413
1,227
416
111
68
116
2005
2,371
418
1,236
416
111
69
120
2006
2,404
419
1,260
430
108
67
120
2007
General Government
Public Safety
Public Facility & Improvement
Parks & Recreation
Community & Neighborhood Development
Health & Welfare
FULL TIME EMPLOYEES BY FUNCTION
433
1,174
422
111
72
137
440
1,174
419
111
72
137
2002
2004
2009
2008
2007
2006
2005
2004
2003
General Government
Public Safety
Public Facility & Improvement
Parks & Recreation
Community & Neighborhood Development
2001
Budgeted Full-time Equivalent Employees as of December 31
Function/Program
2001
2002
2003
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
FULL-TIME EQUIVALENT COUNTY GOVERNMENT EMPLOYEES BY FUNCTION
Last Ten Fiscal Years
2010
2,407
409
1,270
431
108
69
120
2008
2,407
409
1,270
431
108
69
120
2009
2,144
404
1,177
308
72
79
104
2010
144
1
Number of Downpayment Assistance
Number of Grants/Loans
157,882
19,498
579
650
Grants are aimed at very low-income single-family households and includes emergency grants, roofs, sewers, residential barrier removal,
At an average estimated value of $12,000 each over a ten year period represents an estimated $5,808,000 investment
At an average estimated value of $4,000 each over a ten year period represents an estimated $7,412,000 investment
Also includes grants/loans for low-to moderate income households such as the HELP loan program.
Source: Unified Government budget department and individual departments.
2
2
576
155,322
20,561
5,559
70,996
30,564
14,953
74,526
190
6,360
234
45
2,729
149
1,900
151,733
18,580
1,127
39,379
81,476
2003
Downpayment Assistance Program (CHIP) is aimed at low-to moderate-income households for assistance to purchase single-family homes
special service grants, lead-based paint removal, etc.
2
1
1
4,780
72,393
30,913
14,377
69,323
247
6,049
260
33
2,729
149
1,900
183,758
19,055
1,138
33,142
75,868
2002
166,456
18,196
*
73,370
30,311
13,625
60,131
244
5,871
270
37
2,729
149
1,900
182,079
18,311
1,384
30,531
80,937
2001
Note: 911 Calls Wireline & Wireless 2003 does not include first 4 months of wireless call stats
* Information not available.
Number of Home Delivered Meals Served to Seniors
Number of Newsletters distributed
Number of Legal Hours provided
Number of Clients to the WIC Department
Number of Congregate Meals Served to Seniors
Number of Visits to the WIC Department
Health & Welfare
Number of Visits to the Health Department
Number of Clients to the Health Department
2
Number of Business Licenses Issued
Number of Demolition Permits Issued
Community & Neighborhood Development
Park acres maintained
Parks & Recreation
Number of bridges maintained
Miles of road maintained
Public Facility & Improvement
Number of 911 calls
Number of Fire Department Calls
Violent Crimes
Public Safety
Number of Documents recorded in Register of Deeds
Number of registered voters
General Government
Function/Program
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
OPERATING INDICATORS BY FUNCTION
Last Ten Fiscal Years
576
147,443
21,373
6,058
71,635
29,775
13,239
61,774
204
6,626
242
42
2,729
149
1,901
182,920
19,561
1,004
35,848
89,207
2004
550
128,748
22,811
5,333
70,724
28,008
12,782
75,874
155
7,170
232
46
2,729
151
1,909
197,284
21,914
1,163
34,854
85,858
Fiscal Year
2005
506
138,782
24,341
6,210
69,159
25,938
12,386
81,672
141
7,394
212
20
2,729
151
1,924
195,070
23,603
1,269
32,593
84,300
2006
478
139,392
33,054
6,917
62,268
24,682
15,894
50,531
95
7,515
192
16
2,729
151
1,943
190,067
24,619
1,204
28,340
83,778
2007
522
144,969
16,157
7,485
67,041
26,313
13,844
59,060
86
7,387
53
10
2,729
151
1,947
178,119
25,166
917
22,320
91,201
2008
534
147,914
24,418
8,047
58,828
34,537
19,071
65,225
149
7,185
119
16
2,600
151
1,943
181,164
24,970
942
20,479
90,764
2009
510
138,776
20,751
7,722
50,426
30,506
20,381
64,337
97
7,092
195
13
2,600
151
1,943
180,826
25,592
808
18,008
76,174
2010
145
5
50
149
1,900
5
6
17
22
11
31
2001
5
50
149
1,900
4
6
18
22
11
31
2002
7
50
149
1,900
4
6
18
22
11
31
2003
Source: Unified Government budget department and individual departments.
Parks & Recreation
Number of Recreation Centers
Number of Parks
Number of Bridges
Miles of Roads
Number of Waste Water Plants
Public Facility & Improvement
Ambulances
Police Stations
Fire Stations
Fire Trucks/Engines
Public Safety
Office Buildings
Other Buildings
General Government
Function/Program
6
50
149
1,901
4
11
6
18
22
11
31
2004
UNIFIED GOVERNMENT OF WYANDOTTE COUNTY / KANSAS CITY, KANSAS
CAPITAL ASSET STATISTICS BY FUNCTION
Last Ten Fiscal Years
6
50
151
1,909
4
11
6
18
22
11
31
2005
6
50
151
1,924
4
11
6
18
22
11
31
2006
9
48
151
1,943
4
12
7
18
22
11
27
2007
8
51
151
1,947
5
12
7
18
22
11
27
2008
7
54
151
1,943
5
12
7
18
22
12
27
2009
12
7
18
22
12
27
7
54
151
1,943
5
2010
This page intentionally left blank
146