Audit for Fiscal Year Ending June 30, 2017

Exhibit A

CITY OF SPENCER CASH BASIS STATEMENT OF ACTIVITIES AND NET POSITION AS OF AND FOR THE YEAR ENDED JUNE 30, 2017

Program Receipts

Operating Grants, Contributions, and Restricted Interest

Charges for

Disbursements

Services

FUNCTIONS/PROGRAMS: Governmental activities:

$ 3,186,696 1,528,724 1,610,387 1,718,764 2,720,445 1,763,497 1,823,307 14,351,820

$ 140,524 20,862

Public safety ........................................................... Public works ........................................................... Culture and recreation .......................................... . Community and economic development .............. . General government .............................................. Debt service ........................................................... Capital projects ...................................................... Total governmental activities Business type activities: Sanitary sewer ....................................................... Solid waste ............................................................ Landfill ................................................................... Airport .................................................................... Golf course ............................................................ Capital projects: Sanitary sewer ..................................................... Landfill ................................................................. Airport .................................................................. Total business type activities

$

192,749 1,394,564 35,062 2,093 75,807

123,182 315,296 22,713 36,000 87,808 746,385

1,700,275

1,729,323 1,121,066

2,876,124 2,193,866 1,890,127

62,153

652,912 112,343 458,389

167,469 391,987

4,363,104 39,920 69,152 8,546,209

7,519,573

62,153

$ 22,898,029

$ 8,265,958

TOTAL

1,762,428

$

General receipts and transfers: Property and other city taxes levied for:

General purposes ................................................ .. Debt service ........................................................... Commercial and industrial replacement ................... Tax increment financing ......................................... .. Payments in lieu of tax ............................................. Local option sales tax ............................................... Hotel/motel tax .......................................................... Use of money and property ...................................... Unrestricted miscellaneous ...................................... Debt proceeds .......................................................... Operating transfers ................................................... Total general receipts and transfers

CHANGE IN CASH BASIS NET POSITION .............. .

CASH BASIS NET POSITION - BEGINNING OF YEAR

CASH BASIS NET POSITION - END OF YEAR

See Notes to Financial Statements 11