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11 <br /> 1 Information in Documents Containing Audited Financial Statements <br /> 2 o Our responsibility for other information in documents containing the County's <br /> 3 comprehensive annual financial report and our report thereon does not extend <br /> 4 beyond the information identified in our report. If the County intends to publish or <br /> 5 otherwise reproduce the financial statements and make reference to our firm, we <br /> 6 must be provided with printers' proof for our review and approval before printing. <br /> 7 The County must also provide us with a copy of the final reproduced material for <br /> 8 our approval before it is distributed. <br /> 9 Auditor Independence <br /> 10 o In accordance with AICPA professional standards, M&J is independent with <br /> 11 regard to the County and its financial reporting process. <br /> 12 There were no fees paid to M&J for management advisory services during fiscal <br /> 13 year 2019 that might affect our independence as auditors. <br /> 14 <br /> 15 General Fund Balance Ratio to Expenditures (graph) (add verbiage from PPT)-87 days of <br /> 16 fund balance <br /> 17 <br /> 18 Trend Analysis of Property and Sales <br /> 19 Tax Revenue per capita (graph) <br /> 20 <br /> 21 General Fund Budget to Actual Results <br /> 22 Fiscal Year 2019 (graph) <br /> 23 ❑ General Fund revenues were 1.5% more than the amended budgeted amount. The <br /> 24 actual revenue was over budget due to increased actual property tax collections. <br /> 25 ❑ Expenditures for many functional areas were less than budget by $7.9 million (3.5%) <br /> 26 from the operating budget. Several departments came in under budget due to personnel <br /> 27 vacancies and efforts to spend conservatively. <br /> 28 ❑ Budgeted use of fund balance was not needed to the extent anticipated, as actual <br /> 29 revenues and other financing sources exceeded expenditures. <br /> 30 ❑ General Fund significant transfers were $1,493,643 to School Capital Improvement <br /> 31 Fund; $1.7 million from School Capital Improvements; $220,000 to County Capital <br /> 32 Improvement Fund; $126,510 to Solid Waste Landfill Fund; $2,626,520 to Internal <br /> 33 Service Funds and $687,783 to non-major governmental funds. <br /> 34 <br /> 35 Enterprise Results <br /> 36 Solid Waste Fund still relies on transfers in from the General Fund. <br /> 37 The Solid Waste and Sportsplex Fund reported an increase in net position for the fiscal <br /> 38 year ended June 30, 2019. <br /> 39 <br /> 40 Single Audit Engagements <br /> 41 • Federal Expenditures of$16.8 million <br /> 42 • Type A program threshold in 2019: $750,000 <br /> 43 • State Expenditures of$4.3 million <br /> 44 • Testing for 3 Federal and 2 state programs in 2019 — DEFSA <br /> 45 o Child Support Enforcement (93.563) <br /> 46 o Medicaid (93.778) (State) <br /> 47 o Section 8 Housing Vouchers (14.871) <br /> 48 o Juvenile Crime Prevention Council (State) <br /> 49 o Lottery Proceeds (State) <br /> 50 <br />