HomeMy WebLinkAboutMINUTES - 03252003 - C65 TO: BOARD OF SUPERVISORSContra
r
FROM: Kenneth J. Corcoran Costa
Auditor-Controller "
DATE: March 18,2003 o'u n t
SUBJECT: Comprehensive Annual Financial Report
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
ACKNOWLEDGE that the Board of Supervisors has received the County's Comprehensive
Annual Financial Report for fiscal year 2001-2402 as audited by Macias, Gini & Company,
LLP.
BACKGROUND:
In compliance with Government Code Section 25253 the Office of the County Auditor annually
prepares a Comprehensive Annual financial Report (CAFR) to summarize the County's
financial activities and balances for the year ended June 30. The general-purpose financial
statements contained therein are audited by independent certified public accountants who
express their opinion about them on page 1 of the Report.
The 2001-2002 CAFR contains significant changes and additional data, compared to prior
years, resulting from the implementation of Government Accounting Standards Board (GASB)
Statement,Number 34. These include govemment-wide financial statements presented on the
full-accrual basis of accounting, a Management's Discussion and Analysis, reporting of
infrastructure assets and required supplementary information. Please refer to the Introductory
Section of the CAFR for more information about the new content.
The independent auditors again gave the County's financial report an unqualified (or "clean")
opinion for the year ended June 30, 2002.
CONTINUED ON ATTACHMENT: NO SIGNATURE:tl� fir �-.-
�v �
ECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD MMITTEE
�PPROVE OTHER
SIGNATURE(S):
ACTION OF_ ON� March 25, 2003 APPROVE AS RECOMMENDED XOTHER
VITE OF SUPERVISORS
- UNANIMOUS I HEREBY CERTIFY THAT THIS IS A TRUE
(ABSENT g ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: —) AND ENTERED ON THE MINUTES OF THE
ABSENT: ABSTAIN: BOARD OF SUPERVISORS ON THE DATE
DISTRICT III SEAT VACANT SHOWN.
ATTESTED_ March 25, 2003
CONTACT:JACK COOPER (925)646-2161 JOHN SWEETEN,CLERK OF THE BOARD OF
SUPERVISORS AND COUNTY
CC: COUNTY ADMINISTRATOR ADMINISTRATOR
BY I 6aS�EPUTY
County of Coutra Costa California
COMPREHENSIVE ANWAL
HNANCIAL REPORT
Fiscal Year Euded June M, M
Kemeth J. Corcoran
Auditor-Controller
COUNTY OF CONTRA COSTA
COMPREHENSIVE ANNUAL FINANCIAL REPORT
TABLE OF CONTENTS
June 30,2002
Page
Introductory Section
Letter to the Board of Supervisors and Citizens of the County........................................................................................i
PublicOfficials...............................................................................................................................................................ix
OrganizationalChart........................................................................................................................................................x
Certificateof Achievement.............................................................................................................................................xi
Financial Section
IndependentAuditor's Report.........................................................................................................................................1
Management's Discussion and Analysis(Required Supplementary Information)..........................................................3
Basic Financial Statements:
Government-wide Financial Statements:
Statementof Net Assets.......................................................................................................................................17
Statementof Activities.........................................................................................................................................18
Fund Financial Statements:
Governmental Funds:
BalanceSheet..................................................................................................................................................20
Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets............................21
Statement of Revenues,Expenditures and Changes in Fund Balances...........................................................22
Reconciliation of the Governmental Funds Statement of Revenues,Expenditures
and Changes in Fund Balances to the Statement of Activities....................................................................23
Proprietary Funds:
lStatement of Fund Net Assets..........................................................................................................................24
Statement of Revenues,Expenses and Changes in Fund Net Assets...............................................................25
Statementof Cash Flows.................................................................................................................................26
Fiduciary Funds:
Statement of Fiduciary Net Assets
Statement of Changes in Fiduciary Net Assets................................................................................................28
Notes to the Basic Financial Statements:
Summary of Significant Accounting Policies..................................................................................................29
FundEquity.....................................................................................................................................................40
Stewardship,Compliance and Accountability.................................................................................................45
Cashand Investments......................................................................................................................................45
Receivables......................................................................................................................................................49
InterfundTransactions.....................................................................................................................................51
Capital Assets.....................
: .............................................................................................................................56
Short-Term Notes Payable...............................................................................................................................58
Payables...........................................................................................................................................................59
jLeases..............................................................................................................................................................60
Long-Term Obligations...................
ConduitDebt...................................................................................................................................................66
.
...............................................................
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Net Assets/Fund Balances...............................................................................................................................67
! Permanent Fund.............................................. ................................................................................................68
Employees'Retirement Plan...........................................................................................................................68
PaulsonLawsuit Settlement..................................... .......................................................................................70
Patient Service Revenue and Receivables...................................................................... .......... .....................7l
RiskManagement............................................................................................................................................7l
Commitments and Contingencies....................................................................................................................73 ^�^
� Subsequent Events.............................................................. ............................................................................74
Required Supplementary Information(other than MD&&):
!
Budgetary Comparison Schedule'General Fund:
�
Schedule n[Revenues,Expenditures and Changes ioFund Balances'Budget and Actual.................................77
Note»mRequired Supplementary Information......................................................................................................8O
Combining and Individual Fund Statements and Schedules:
9400majo«Governmental Funds:...............................................................................................................................0|
! Combining Balance Sheet.................................................................................................... ...............................0|
Combining Statement ofRevenues,Expenditures and Changes inFund Balances..... .......................................82
NoumajorSpecial Revenue Funds:..................................................... .....................................................................8S
CombiningBalance Sheet....................................................................................................................................86
!
Combining Statement nFRevenues,Expenditures and Changes iuFund Balances.............................................88
�
Budgetary Comparison Schedules:
`
Road Special Revenue Funds................................................................................. ........................................90 ~—^
^
Library Special Revenue Fund................................................... ...... ........................................... .................g} ;~1
Fire Protection Special Revenue Funds........................... ................. ........................................... .................92
Health and Sanitation Special Revenue Funds......................... ...................... ...............................................93
Service Areas Special Revenue Funds.............................................................................................................94
Flood Control Special Revenue Funds............................................................................................................9b
Law Enforcement Special Revenue Funds......................................................................................................97
Courts and Criminal Justice Special Revenue Funds.......................................................................................A8 --'
Recorder/Clerk Modernization Special Revenue Funds..................... ............................................................99
Land Development Special Revenue Fund............... ....................................................................................|00
Redevelopment Agency Special Revenue Funds...........................................................................................|O|
Child Development Special Revenue Fund...................................................................................................l02
In-Home Supportive Services Public Authority Special Revenue Fund.................................... ...................\03
OtherSpecial Revenue Funds........................................................................................................................l04
Nu000ajo«Debt Service Funds:..................................................................... ........................................................ 105 --'
CombiningBalance Sheet............................................................................................................................. ....|0h
Combining Statement of Revenues,Expenditures and Changes iuFund Balances...........................................\O8
Budgetary Comparison Schedules:
Recreation and Park Bonds Debt Service Fund..................... ............................................................. .........l\0 �1
Storm Drainage Bonds Debt Service Fund....................................................................................................
ll|
�8on�yDu6��cn/bc�oodu.---_-----------------'--'''---{l2
Redevelopment
PensionBond Debt Service Fund..................................................................................................................|l3
Noo-ujozCapital Projects Funds:...........................................................................................................................1l5
CombiningBalance Sheet................................................................... ..............................................................)lh �^�
Combining Statement of Revenues,Expenditures and Changes in Fund Balances...........................................117
Budgetary Comparison Schedules:
Redevelopment Agency Capital Projects Funds............................................................................................118
County Facilities Capital Projects Funds.......................................................................................................119
NonmajorPermanent Fund.....................................................................................................................................121
NonmajorEnterprise Funds:...................................................................................................................................123
Combining Statement of Net Assets....................................................................................................................124
Combining Statement of Revenues,Expenses and Changes in Fund Net Assets...............................................125
Combining Statement of Cash Flows.................................................................................................................126
InternalService Funds:............................................................................................................................................127
CombiningBalance Sheet..................................................................................................................................128
Combining Statement of Revenues,Expenses and Changes in Fund Net Assets...............................................130
CombiningStatement of Cash Flows.................................................................................................................132
:. Fiduciary Funds:......................................................................................................................................................135
AgencyFunds:........... ............................................................................................................................................136
Combining Statement of Changes in Assets and Liabilities...............................................................................136
Capital Assets Used in the Operation of Governmental Funds:................................................................................139
Scheduleof Funding Sources.............................................................................................................................141
Schedule by Function and Activity....................................................................................................................142
Schedule of Changes By Function and Activity.................................................................................................144
Statistical Section
Government-wide Information:
Government-wide Expenses by Function................................................................................................................147
Government-wide Revenues...................................................................................................................................148
Fund Information:
General County Revenues by Source......................................................................................................................149
General County Expenditures by Function
.............................................................................................................150
General County Revenues by Source-Constant Dollars........................................................................................151
General County Expenditures by Function-Constant Dollars...............................................................................152
Assessed Value of Taxable Property.......................................................................................................................153
General Taxes Levied and Collected.......................................................................................................................154
Special Assessments Levied and Collected.............................................................................................................155
Property Tax Rates-Direct and Overlapping Governments...................................................................................156
Property Taxes-Direct and All Overlapping Governments
...................................................................................157
Property Tax Levies and Delinquencies..................................................................................................................158
Ratio of Net General Bonded Debt to Assessed Value and Net Bonded Debt Per Capita......................................159
Property Value,Construction and Bank Deposits...................................................................................................160
Ratio of Annual Debt Service Expenditures for General Bonded Debt
to Total General Expenditures............................................................................................................................162
Computationof Legal Debt Margin........................................................................................................................163
Computation of Direct and Overlapping Debt........................................................................................................164
TenPrincipal Taxpayers...................................................................................... ....166
Demographics-Population.....................................................................................................................................167
MiscellaneousStatistics..........................................................................................................................................168
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INTRODUCT Opty
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SECTION
Contra Costa County
Office of Kenneth J. Corcoran
eor
COUNTY AUDITOR-CONTROLLER StepJ.en J.iter
�.f''�', StYberra
Assistant Audftor-Controller
625 Court Street
Martinez, California 94553-1282
Telephone (925) 646-2181
Fax (925) 646-2649
December 20,2002
Members of the Board of Supervisors and Citizens of Contra Costa County:
The Comprehensive Annual Financial Report(CAFR)of the County of Contra Costa for the fiscal year of 2001-
2002 is presented in compliance with Section 25253 of the Government Code of the State of California. The
.:.......:
Office of the County Auditor-Controller,which is responsible for both the accuracy of the presented data and the
completeness and fairness of the presentation, including all disclosures,prepared this report. We believe the data,
as presented, are accurate in all material aspects and presented in a manner designed to fairly set forth the
financial position and changes in financial position of the County as measured by the financial activity of its
various funds and component units and that all disclosures necessary to enable the reader to gain the maximum
understanding of the County's financial affairs have been included.
This year our CAFR will be significantly different and improved from those issued in prior years. This is the
result of a major new reporting standard, Governmental Accounting Standards Board(GASB) Statement No. 34,
Basic Financial Statements—and Management's Discussion and Analysis—for State and Local Governments. In
addition to the fund financial statements and statistical section that we have presented in the past, we will now
present more information to better enable readers to determine the cost of County services and how effectively it
has used its resources. This includes the following:
• Management's Discussion and Analysis (MD&A) is a formal narrative by the County's
management to provide an overview and analysis of the County's financial activity for the
year and any known facts that may significantly affect future activity. Some of the
information that was previously presented in this Introductory Section is now in the
Management's Discussion and Analysis.
• Government-wide Financial Statements provide a broad overview of the County's finances in
a manner similar to a private-sector business. The new statement of net assets presents all of
the assets, including capital and infrastructure assets, net of all liabilities including long-term
debt. In addition to general revenues (i.e. taxes and investment earnings), the new statement
of activities presents the program revenues and expenses associated with the various
functions of County government,its business-type activities and its component units.
i
• Required Supplementary Information (other than MD&A) consists of the General Fund's
budgetary comparisons.
The CAFR represents the culmination of all budgeting and accounting activities engaged in by management
during the year,covering all of its financial transactions. The CAFR is organized into three sections: _..
• The Introductory Section is intended to familiarize the reader with the organizational structure
of the County, the nature and scope of the services it provides, and the specifics of its legal
operating environment.
• The Financial Section includes the independent auditor's report on the basic financial
statements, MD&A, audited basic financial statements, note disclosures and supporting
statements and schedules necessary to provide readers with a comprehensive understanding
of the County's financial activities of the past fiscal year.
• The Statistical Section contains comprehensive statistical data for the County relating to its
physical,economic,social and political characteristics.
THE REPORTING ENTITY
The County reporting entity includes all the financial balances and activities of the primary government as well as
all of its component units. Component units are legally separate entities for which the primary government is
financially accountable or other organizations for which the nature and significance of the relationship with the
primary government are such that exclusion would make the enclosed financial statements misleading or
incomplete. For further information on these component units see Note LA in the Notes to the Basic Financial
Statements section of this report.
The reporting entity excludes certain separate legal entities which may have"Contra Costa"in their title,or which _.....
are required to keep their funds in the County Treasury or receive their tax apportionment from the County.
Examples are school districts, the community college district, cities, city redevelopment agencies, the Bay Area
Rapid Transit District,the Metropolitan Transportation Commission, and a variety of special purpose districts for
cemeteries, mosquito abatement, recreation and parks, etc. These entities are autonomous organizations that
handle their own fiscal affairs and for which the Board of Supervisors has no oversight responsibility.
Accordingly, they are not included in the accompanying basic financial statements, except for their assets,
principally cash and investments,which are held by the County Treasurer.
Contra Costa County was incorporated in 1850 as one of the original 27 counties of the State. It is one of nine
counties in the San Francisco-Oakland Bay Area. The County covers about 733 square miles; the western and
northern shorelines are highly industrialized, while the interior sections are suburban/residential,commercial and
light industrial.
The County has a general law form of government. A five member Board of Supervisors, each elected to four
year terms, serves as the legislative body. A County Administrative Officer is appointed by the Board and runs
the day-today business.
ii
The County provides the full-range of services contemplated by statute. These services include public protection,
highways and streets, sanitation, health and social services, planning and zoning and general administrative
services.
ECONOMIC CONDITIONS AND OUTLOOK
Long-term population and job growth projections remain positive. As of January 1, 2002, the County's
population was estimated at 981,555, an increase of 23.1 percent since 1990. A study prepared by the
Association of Bay Area Governments projects a 36.0 percent increase in population between 2000 and 2040.
The County's October 2002 jobless rate increased from 3.6 percent to 5.1 percent since October 2001. Consistent
with historical performance, it was significantly below the State-wide average of 6.2 percent. The County's
economy is very diverse; major industries include petroleum refining, steel manufacturing, chemicals, electronic
equipment,paper products, services and food processing. The County consistently ranks as a leading county in
both per capita and household income.
Additional information on the County's economic conditions and outlook is presented in the MD&A and in the
Notes to the Basic Financial Statements.
MAJOR INITIATIVES AND SERVICE EFFORTS AND ACCOMPLISHMENTS
The County continued to explore and initiate ways to improve its operations to provide the most efficient and
effective level of service to the public. The following highlights some of the County's major
accomplishments, initiatives and service-level efforts for fiscal year 2001-2002:
+ The County has been successful in maintaining favorable bond ratings, which continue to produce
significant taxpayer savings through lower borrowing costs. Debt issuances during the period
included:
o The County sold$70 million in Tax and Revenue Anticipation Notes in September 2001.
o Private placement leases were refunded with upfront debt-service savings of$280,000.
o The County of Contra Costa Public Financing Authority issued$12,650,000 in lease revenue
bonds in June 2002.
+ The County continued its efforts to conserve energy and successfully completed ten energy
conservation projects in nine buildings and the Main Detention Facility, which included replacing 15-
30 year-old heating, ventilation and air conditioning (HVAC) systems and upgrading digital control
systems. The completion of these projects will result in estimated cost savings in excess of$200,000
per year. The funding for these projects carne from low-interest loans from the California Energy
Commission.
iii
The County also continued to explore new ways to save energy and, consistent with the County's
sustainable building policy, developed the solar 309 KVP Photovoltaic System projects. The $2
million project was financed 50 percent by receiving $1 million in grant funding from P G & E to
install photovoltaic roof panels at 50 Douglas Drive and the Main Detention Facility. This is the first
installation of photovoltaic panels by the County and is estimated to annually reduce energy costs by
approximately$80,000. _.
• This year the County redesigned its Recommended Budget format to link departmental budgets with
actual performance. The new Recommended Budget format includes performance measures and
workload and outcome indicators. This change increases departmental accountability and assists the
Board of Supervisors in making sound policy and budgetary decisions.
• Because of the County's continued efforts to assess program costs with actual performance and
benefits, the County secured a three-year grant for performance software for the "Spirit of Caring"
initiative (Mental Health Services). This software is expected to generate data about costs, services,
and performance outcomes that will lay the foundation for a cost/benefit analysis of prevention/early
intervention efforts(Contra Costa Futures Initiative).
• The Community Services Department was recognized as a "Program of Achievement" by the
National Head Start Association, which affirms that a program has successfully performed at a very
high level of quality over a sustained period of time. This recognition was given to Community
Services as the first such award in the history of California and as the second such award in the West
Coast Region IX.
• The County continued to focus on public outreach and information. The County's Government
Access Channel, CCTV, received nine awards for excellence in cable programming, including two
national Telly awards and seven Western Access Video Excellence(WAVE)awards.
• Library service throughout the County continued to be enhanced. In 2001-2002, the Board of
Supervisors provided $1.3 million from the County's General Fund to the Library. This funding
assisted in enabling the following:
o Creating a strong partnership with cities by requiring cities to match the County's
contribution in order to receive County funds.
o Providing fair and equitable library service throughout the County, including the County
funding the contribution match for unincorporated areas.
o As a result of the County's efforts and commitment to enhancing library services, the number
of library hours per week increased by 22 percent over the prior year and the libraries were
accessible for additional evening hours.
o For the first time, library circulation reached the 4 million mark, library circulation was not
this high even when libraries were open 60 hours a week.
IV
o The County Library received a $2 million donation from Mirant California, LLC which will
provide$400,000 annually over the span of five years. In accepting these funds,the Board of
Supervisors requested the East Region Library Board to develop a service plan utilizing these
funds. The East Region Library Board recommended,and the County's Board of Supervisors
approved, using these funds to increase library services in East County by purchasing
additional books and implementing after-school library programs.
• The County continued to improve assistance to low-income parents by acquiring a new Head Start
Center in Antioch. This newly acquired campus will allow the County to expand services provided
by Head Start. The Head Start Program is critical in the County's efforts to assist low-income parents
in becoming successful participants in the work force and/or move from welfare to work.
• The County continued its commitment to provide excellent health care in a quality environment:
o The Pittsburg Health Center was relocated from a very antiquated building to a newly
renovated Los Medanos Community Clinic in February 2002.
o Construction of a Martinez Ambulatory Care building at the hospital campus in Martinez.
• An excellent quality of health care continued to be provided and expanded. The Contra Costa Health
Plan's Advice Nurse Program became the first public entity to receive accreditation from the
Utilization Review Accreditation Commission. The program was expanded to provide services under
contract to eight other counties and now covers 245,000 citizens.
FINANCIAL INFORMATION
County management is responsible for establishing and maintaining internal controls designed to ensure that the
assets of the County are protected from loss, theft or misuse, and that accounting data are compiled to allow for
the preparation of financial statements in conformity with accounting principles generally accepted in the United
States of America. Internal controls are designed to provide reasonable, but not absolute, assurance that these
objectives are met. The concept of reasonable assurance recognizes that: (1) the cost of a control should not
exceed the benefits likely to be derived; and (2) the evaluation of costs and benefits requires estimates and
judgments by management.
Budgetary Controls
The objective of the County's budgetary controls is to ensure compliance with legal provisions embodied in the
annual budget approved by the Board of Supervisors. Budgetary control is maintained at the object level for all
annually budgeted funds; however, the legal level of control is at the department level. Using the County's
automated accounting system, the Auditor-Controller restricts each department's expenditures to the amounts
appropriated by the Board of Supervisors for the year. Increases in budget appropriations must be approved by
the Board of Supervisors as a transfer from the Reserve for Contingencies, as a transfer from another
appropriation,or as an appropriation of new or unanticipated revenue. No department is permitted to spend more
than its available appropriations. Any appropriations remaining in the departments at the end of the fiscal year
automatically lapse and are transferred to fund balance. The year-end fund balance, along with projected
v
revenues, becomes available for appropriation the following year. An encumbrance accounting system is used to
facilitate effective budgetary control. An encumbrance reserves a portion of an appropriation at the time a
commitment is made to acquire goods or services. Open encumbrances are reported as reservations of fund
balances at June 30,2002,and are re-appropriated as part of the following year's budget.
Additional information on budget policy and control is presented in the Note to Required Supplementary
Information on page 80.
General Governmental Functions
The financial activities of the general governmental functions are reported in the General, Special Revenue,Debt
Service, Capital Projects and Permanent Funds. Included in these Funds are the special districts governed by the
Board of Supervisors and the County's blended component units except for the Housing Authority, which is
included in enterprise operations.
Enterprise Operations
The County's business-type activities are reported in the Enterprise Funds. These include the County Hospital,
Health Maintenance Organization,Airport,Housing Authority, Sheriff Law Enforcement Training Center and the
Major Risk Medical Insurance Enterprise Funds.
Cash Management
Cash temporarily idle during the year was invested in accordance with California Government Code Section
53600 (et seq.) which allows investment maximums of 40.0 percent in bankers' acceptances, 30.0 percent in
negotiable certificates of deposit, and up to 30.0 percent in commercial paper. There is no limit on investments in
collateralized certificates of deposit and U.S. Government issues. The County Treasurer continues to have a more
restrictive investment policy than required by law. The Treasurer's investment policy was approved by the Board
of Supervisors. In accordance with Government Code Sections 27130-27137,an investment oversight committee
has reviewed the quarterly investment reports prepared by the Treasurer. The average yield on investments for
the fiscal year ended June 30,2002,was 3.27 percent.
Debt Administration
The County finances its cash requirements prior to collection of taxes by short-term borrowing. The 2001-2002
Tax and Revenue Anticipation Notes of$70,000,000 received ratings of MIG I from Moody's Investors Service
and SP-1+ from Standard and Poor's Corporation. These are the highest ratings for this type of borrowing. For
long term obligations Standard and Poor's Corporation has given the County an Issuer Credit Rating of AA.
The County has capital lease obligations under lease/purchase agreements for various County buildings and other
property. Past agreements have been made principally with the Contra Costa County Public Facilities
Corporation, a non-profit public benefit corporation which assists the County in financing public buildings and
facilities. Beginning in fiscal year 1997-1998,most new agreements have been and will be made with the County
of Contra Costa Public Financing Authority, a joint powers authority consisting of the County and the
Redevelopment Agency.
vi
Risk Management
The County is self-insured for workers' compensation, general and automobile liability, medical malpractice,
dental, management long-term disability and unemployment insurance. The County maintains excess insurance
policies with private insurers to cover additional losses.
The County's Risk Management office administers claims for the various programs, provides loss prevention
services and minimizes risks through various risk control strategies.
For specific information on coverage see Note 18 in the Notes to the Basic Financial Statements.
Pension Trust Fund Operations
The County participates in and contributes to a cost-sharing, multi-employer defined benefit pension plan that is
governed by the County Employees Retirement Law of 1937 and which is administered by the Contra Costa
County Employees'Retirement Association (the Association). Financial activities of the plan are reported in the
County's Pension Trust Fund and a Comprehensive Annual Financial Report is available from the Association.
Additional information about the plan is also presented in Note 15 in the Notes to the Basic Financial Statements
in this report. The Association's address can be found in Note I.A.
OTHER INFORMATION
Independent Audit
For over 60 years the policy of the County has been to require an annual audit of the financial statements of the
County by independent certified public accountants. The Board of Supervisors selected the firm of Macias, Gini
&Company LLP to perform the fiscal year 2001-2002 audit.
Awards
The Government Finance Officers Association of the United States and Canada(GFOA)awarded a Certificate of
Achievement for Excellence in Financial Reporting to Contra Costa County for its fiscal year 2000-2001
Comprehensive Annual Financial Report. This was the twentieth consecutive fiscal year the County has received
this award.
In order to be awarded a Certificate of Achievement, the County must publish an easily readable and efficiently
organized Comprehensive Annual Financial Report whose contents conform to program standards. Such a report
must satisfy both accounting principles generally accepted in the United States of America and applicable legal
requirements.
A Certificate of Achievement is valid only for a period of one year. We believe our current report continues to
conform to Certificate of Achievement requirements, and we are submitting it to the GFOA to determine its
eligibility for another certificate.
vii
Web Site
The County maintains an Internet web site with an increasing amount of information useful to its citizens at
http://www.co.contra-costa.ca.us. This document is also available there.
Acknowledgments
The preparation of this report on a timely basis could not be accomplished without the efficient and dedicated
services of the entire staff of the Office of the Auditor-Controller. I would like to express my appreciation to all
members of the Office who assisted and contributed to its preparation. I would also like to thank the members of
the Board of Supervisors and the County Administrator for their interest and support in planning and conducting
the financial operations of the County in a responsible and progressive manner.
Respectfully submitted,
Kenneth I Corcoran
Auditor-Controller
Viii
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COUNTY OF CONTRA COSTA
PUBLIC OFFICIALS
June 30,2002
ELECTED OFFICIALS
Supervisor,District 1 John Gioia
Supervisor,District 2 Gayle B.Uilkema
Supervisor,District 3 Donna Gerber
Supervisor,District 4 Mark De Saulnier
Supervisor,District 5 Federal Glover
Assessor Gus Kramer
Auditor-Controller Kenneth J.Corcoran
Clerk-Recorder Stephen L.Weir
District Attorney-Public Administrator Gary T.Yancey
Sheriff-Coroner Warren E. Rupf
Treasurer-Tax Collector William J.Pollacek
APPOINTED OFFICIALS
County Administrator John Sweeten
County Counsel Silvan Marchesi
County Librarian Anne Cain
County Probation Officer Steve Bautista
Director of Animal Services Michael G.Ross
Director of Building Inspection Carlos Baltodano
Director of Child Support Services Linda M.Dippel
Director of Community Development Dennis Barry
Director of Community Services Tony Colon
Director of Cooperative Extension Shelley Murdock
Director of Employment and Human Services John Cullen
Director of General Services Barton J.Gilbert
Director of Health Services William Walker,MD
Director of Human Resources Leslie T.Knight
Director of Information Technology Steven Steinbrecher
Director of Public Works Maurice Shiu
Agricultural Commissioner-Director of Weights and Measures Edward P.Meyer
Public Defender David Coleman III
Veterans'Services Officer Gary D.Villalba
Chief,Bethel Island Fire Protection District David Wahl
Chief,Contra Costa Fire Protection District Keith Richter
Chief,Crockett-Carquinez Fire Protection District Jerry Littleton,Jr.
Chief,East Diablo Fire Protection District Paul Hein
Chief,Oakley Fire Protection District Bob Pastor
AFFILIATED ORGANIZATIONS
Administrator,Contra Costa County Employees'Retirement Association Patricia Wiegert
Executive Director,Housing Authority of the County of Contra Costa Robert McEwan
President,Contra Costa County Public Facilities Corporation John E.Whalen
Executive Director,Contra Costa Children and Families Commission Brenda Blasingame
Executive Director,County of Contra Costa Public Financing Authority John Sweeten
Executive Director,Contra Costa County Redevelopment Agency John Sweeten
Executive Director,In-Home Supportive Services Public Authority Eldon Luce
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Certificate of
Achievement
for Excellence
in Financial
Deporting
Presented to
County of Centra Costa,
California
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended
June 30, 2001
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement
systems whose comprehensive annual financial
reports(CAFRs)achieve the highest
standards in government accounting
and financial reporting.
Prtsident
-- CNIEASn j }r�
Executive Director
xi
1 - �
r `cou ^
■
■
■
SECTION
Macias,Gini&Company up
- CerHlied PvG1i C.nc,;nu nt anis and ,....� '
Management Consuiten2s „?? <.. ,
The Honorable Board of Supervisors
County of Contra Costa
Martinez,California
INDEPENDENT AUDITOR'S REPORT
We have audited the accompanying financial statements of the governmental activities, the business-type activities,
the discretely presented component unit, each major fined, and the aggregate remaining fund information of the
County of Contra Costa, California(County), as of and for the fiscal year ended June 30, 2002, which collectively
comprise the County's basic financial statements as listed in the table of contents. These financial statements are the
responsibility of the County'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 Contra Costa County Housing Authority
(Authority),a blended component unit of the County,which represents 10.8 percent of the assets and 1.6.3 percent of
the revenues of business-type activities and represents 0.8 percent of the assets and 2.2 percent of the revenues of the
aggregate remaining fund information. Also,we did not audit the financial statements of the Contra Costa Children
and Families Commission (Commission), a discretely presented component unit of the County, which represents
100.0 percent of the discretely presented component unit opinion unit. Those financial statements were audited by
other auditors whose reports thereon have been furnished to us,and our opinion, insofar as it relates to the amounts
included for the Authority and Commission,is based on the reports of the other auditors.
We conducted our audit in accordance with auditing standards generally accepted in the United States of America
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 the significant estimates made by management,as well as
evaluating the overall financial statement presentation. We believe that our audit and the reports of other auditors
provide a reasonable basis for our opinions.
In our opinion,based on our audit and the reports of other auditors,the financial statements referred to above present
fairly, in all material respects, the respective financial position of the governmental activities, the business-type
activities,the discretely presented component unit, each major fund, and the aggregate remaining fund information
of the County as of June 30,2002,and the respective changes in financial position and cash flows,where applicable,
thereof for the fiscal year then ended in conformity with accounting principles generally accepted in the United
States of America.
As discussed in Note LB to the basic financial statements, the County adopted the provisions of Governmental
Accounting Standards Board (GASB) Statement No. 34, Basic Financial Statements — and Management's
Discussion and Analysis—for State and Local Governments; GASB Statement No.37,Basic Financial Statements--
and Management's Discussion and Analvsis —for State and Local Governments: Omnibus; GASB Statement No.
38, Certain Financial Statement Note Disclosures; and GASB Interpretation No. 6, Recognition and Measurement
of Certain Liabilities and Expenditures in Governmental Fund Financial Statements,effective July 1,2001.
In accordance with Government Auditing Standards, we have also issued our report dated December 20, 2002, on
our consideration of the County's internal control over financial reporting and on our tests of its compliance with
certain provisions of laws,regulations, contracts and grants. That report is an integral part of an audit performed in
accordance with Government Auditing Standards and should be read in conjunction with this report in considering
the results of our audit.
1
The management's discussion and analysis and general fund budgetary comparison schedule,as listed in the table of
contents, are not a required part of the basic financial statements but are supplementary information required by the
Governmental Accounting Standards Board. We 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 do not express an opinion on it.
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise
the County's basic financial statements. The introductory section, combining and individual fund financial
statements and schedules, and statistical section are presented for purposes of additional analysis and are not a
required part of the basic financial statements. The combining and individual fund financial statements and
schedules have been subjected to the auditing procedures applied by us and the other auditors in the audit of the
basic financial statements and,in our opinion,based on our audit and the reports of other auditors,are fairly stated in
all material respects in relation to the basic financial statements taken as a whole. The introductory and statistical
sections have not been subjected to the auditing procedures applied by us and the other auditors in the audit of the
basic financial statements and,accordingly,we express no opinion on them.
Certified Public Accountants
Walnut Creek,California
December 20,2002
2
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COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
MANAGEMENT'S DISCUSSION AND ANALYSIS
This section of the County of Contra Costa's (County) Comprehensive Annual Financial Report presents a
discussion and analysis of the financial activities of the County for the fiscal year ended lune 30, 2002. We
encourage readers to consider the information presented here in conjunction with additional information that we
have furnished in our letter of transmittal.
FINANCIAL HIGHLIGHTS
• The assets of the County exceeded its liabilities at the close of fiscal year 2001-2002 by $895,371,000 (net
assets). Of this amount, $148,090,000 (unrestricted net assets) may be used to meet the County's ongoing
obligations to citizens and creditors,$270,857,000 is restricted for specific purposes(restricted net assets)and
$476,424,000 is invested in capital assets,net of related debt.
• The County's total net assets increased by$48,623,000 during the fiscal year.
• As June 30, 2002, the County's governmental funds reported ending fund balances of $468,266,000.
Approximately 79.2 percent of this total amount,$370,868,000,is unreserved fund balance.
• As of June 30, 2002,unreserved fund balance for the General Fund was$115,658,000 or 12.5 percent of total
General Fund expenditures of$925,684,000.
• The County's total debt decreased by$9,570,000 or 1.3 percent during fiscal year 2001-2002.
• The downturn in the equity markets has resulted in reduced state revenues and losses in the investments of the
Contra Costa County Employees' Retirement Association(CCCERA).
OVERVIEW OF THE FINANCIAL STATEMENTS
This discussion and analysis is intended to serve as an introduction to the County's basic financial statements.
The County's basic financial statements are comprised of three parts: (1) Government-wide financial
statements, (2) Fund financial statements, and (3) Notes to the basic financial statements. This report also
contains other supplementary information in addition to the basic financial statements themselves.
Government-wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of the County's
finances,in a manner similar to a private-sector business.
The statement of net assets presents information on all of the County'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 County is improving or deteriorating.
3
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..................................................
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
The statement of activities presents information showing how the County's net 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, such as revenues pertaining to
uncollected taxes and expenses pertaining to earned but unused vacation and sick leave.
Both of the government-wide financial statements distinguish functions of the County that are principally
supported by taxes and intergovernmental revenues (governmental activities) from other functions that are
intended to recover all or a significant portion of their costs through user fees and charges (business-type
activities). The governmental activities of the County include general government, public protection, health and
sanitation,public assistance, education, public ways and facilities and recreation and culture. The business-type
activities of the County include the County Hospital, Health Maintenance Organization, Airport, Housing
Authority,Sheriff Law Enforcement Training Center and Major Risk Medical Insurance.
Fund Financial Statements
The fund financial statements report groupings of related accounts that are used to maintain control over
resources that have been segregated for specific activities and objectives. The County, 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 County can be divided into three categories: governmental funds,
proprietary funds,and fiduciary 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 and outflows of resources that are available _.
for spending as well as on balances of resources that are available for spending 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 statements. By doing so,readers may better understand the long-
term impact of the County'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.
The County maintains 26 individual governmental funds (e.g. General, special revenue, debt service, capital
projects and permanent) for reporting purposes. 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 Fund,which is considered to be a major fund. Data from the other governmental funds are combined
into a single, aggregated presentation. Individual fund data for each of these nonmajor governmental funds is
provided in the form of combining statements and schedules elsewhere in this report.
The County adopts an annual appropriated budget for its General Fund. A budgetary comparison schedule has
been provided for the General Fund to demonstrate compliance with this budget.
4
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
Proprietary funds used by the County are of two different types: enterprise funds and internal service funds.
Proprietary fund financial statements provide the same type of information as the government-wide financial
statements,only in more detail.
s Enterprise funds are used to report the same functions presented as business-type activities in the
government-wide financial statements. The County uses enterprise funds to account for the operations of
its County Hospital, Health Maintenance Organization, Airport, Housing Authority, Sheriff Law
Enforcement Training Center and Major Risk Medical Insurance.
• Internal service funds are an accounting device used to accumulate and allocate costs internally among
the County's various functions. The County uses internal service funds to account for its administrative
costs and payment of claims for its various insurance programs to protect County assets and employees.
They have been allocated between the governmental functions and business-type activities in the
government-wide financial statements. Individual fund data for the internal service funds is provided in
the form of combining statements elsewhere in this report.
Fiduciary funds are used to account for resources held for the benefit of entities legally separate from the County
and individuals, which are not part of the reporting entity. The Contra Costa County Employees' Retirement
Association pension plan, the County's investment trust fund, private-purpose trust fund and agency funds are
reported under fiduciary fiords. Fiduciary funds are not reflected in the government-wide financial statements
because the resources of those funds are not available to support the County's own programs. The accounting
_ used for fiduciary funds is much like that used for proprietary funds.
Notes to the Basic Financial Statements
The notes to the basic financial statements provide additional information that is essential to a full understanding
of the data provided in the government-wide and fund financial statements.
Required Supplementary Information
In addition to the basic financial statements and accompanying notes, this report presents certain required
supplementary information concerning the County's General Fund budget and actual comparisons and progress in
funding its obligation to provide pension benefits to employees.
Combinina Statements and Schedules
The combining statements and schedules referred to earlier in connection with nonmajor governmental funds and
internal service funds are presented immediately following the required supplementary information (other than
MD&A).
Component Units
The blended component units, as described in Note LA in the notes to the basic financial statements are included
in all three parts of the County's basic financial statements. The County and its blended component units
constitute the primary government. In addition to the blended component units, the government-wide financial
statements and the notes to the basic financial statements also include the discretely presented component unit
described in Note LA in the notes to the basic financial statements.
5
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
GOVERNMENT-WIDE FINANCIAL ANALYSIS
This is the first year the County has reported its financial activities and balances in accordance with
Governmental Accounting Standards Board (GASB) Statement No. 34, Basic Financial Statements and
Management's Discussion and Analysis—for State and Local Governments, The County has not restated prior
year information for the purpose of providing the comparative data for the Management's Discussion and
Analysis (MD&A) because some of that infonnation was not readily available. However, in future years, prior
year information will be available and a comparative analysis of government-wide data will be presented.
COUNTY S NET ASSETS
June 30,2002
(In Thousands)
Governmental Business-Type
Activities Activities Total
Assets:
Current and other assets $ 1,049,662 125,383 1,175,045
Capital assets 633,982 191,534 825,516 _
Total Assets 1,683,644 316,917 2,000,561
Liabilities:
Current and other liabilities 183,899 82,365 266,264
Longterm liabilities 671,106 167,820 838,926
Total Liabilities 855,005 250,185 1,105,190
Net Assets:
Invested in capital assets,net of related debt 437,866 38,558 476,424
Restricted 259,481 11,376 270,857
Unrestricted 131,292 16,798 148,090
Total Net Assets $ 828,639 66,732 895,371
Analysis of Net Assets
As noted earlier, net assets may serve over time as a useful indicator of a government's financial position. The
County's assets exceeded liabilities by$895,371,000 at June 30,2002.
The largest portion of the County's net assets, $476,424,000, or 53.2 percent, reflects its investment in capital
assets(e.g., land, infrastructure,buildings,machinery,and equipment),less any related debt used to acquire those
assets. The County uses these capital assets to provide services to citizens; consequently, these assets are not
available for future spending. Although the County'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.
6
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
An additional portion of the County's net assets, $270,857,000, or 30.3 percent, represents resources that are
subject to external restrictions on how they may be used. The major restriction on net assets, $232,651,000,is for
legally segregated taxes, grants and fees. The remaining balance, $148,090,000 or 16.5 percent, is unrestricted
net assets and may be used to meet the County's ongoing obligations to citizens and creditors.
COUNTY'S CHANGE IN NET ASSETS
For the Fiscal Year Ended June 30,2002
-- (In Thousands)
Govemmental Business-Type
Activities Activities Total
Revenues:
Program revenues:
Charges for services $ 250,536 290,866 541,402
Operrabrig grants and contributions 544,900 94,474 639,374
Capital grants and contributions 12,573 7,194 19,767
General revenues:
Taxes 238,684 238,684
Grants/contributions not restricted 77,741 77,741
Inves a=t earnings 27,035 298 27,333
Other 20,158 1,076 21,234
Total revenues 1,171,627 393,908 1,565,535
Expenses:
_. General government 115,534 115,534
Public protection 365,757 365,757
Health and sanitation 184,109 184,109
Public assistance 328,450 328,450
Education 16,364 16,364
Public ways and facilities 56,197 56,197
- Recreation and culture 793 793
Interest on debt 36,340 3040
County hospital 229,584 229,584
Health maintenance organization 112,386 112,386
Airport 4,323 4,323
Housing authority 65,038 65,038
Major risk medical insurance 931 931
Sheriff law enforcement training center 1,106 1,106
Total ewes 1,103,544 413,368 1,516,912
Charge m net assets before transfers 68,083 (19,460) 48,623
Transfers (11,063) 11,063 ..
Change in net assets 57,020 (8,397) 48,623
Net assets,beginning of year 771,619 75,129 846,748
Net assets,end ofyear $ 828,639 66,732 895,371
7
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
Analysis of the Changes in Net Assets
The County's net assets increased $48,623,000 during fiscal year 2001-2002. Governmental activities increased
net assets by$57,020,000;however,business-type activities decreased net assets by$8,397,000. The changes are
explained below in the governmental activities and business-type activities discussions.
Expenses and Program Revenues-Governmental Activities 0 Expenses
i Program Revenues
400-
350 a
i
300 i
e
250
0
:V_ 200-
ISO
00 150
100-
50
General Public Health and Public Education Public ways and Recreation and Interest on debt
govetntrent protection sanitation assistance facilities culture
Revenues by Source-Governmental Activities
Capital grants and
i veshnent earnings contributions
n
2.3% 1.1%
Other
1.7% Charges for services
Grants/contributions not 21,4%
restricted
6.6,0 ;Y:
r 3
Taxes
20.4%
Operating grants and
contributions
46.5%
8
COUNTY OF CONTRA.COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 304 2002
Governmental activities increased the County's net assets by $57,020,000, which was partially offset by a
reduction in net assets from business-type activities.
• Property taxes increased as a result of a 10.5 percent increase in assessed valuation. This was due to strength
in the real estate market and construction activity in a period of historically low interest rates.
• Grants and contributions were up due to increased State funding for public safety services,family income
maintenance and other social services. There was also increased Federal funding for childcare,highway
construction and family support services.
0 Expenses
Expenses and Program Revenues-Business-type Activi tes
®Program Revenues
250
200
i
h
350
c
100
_ 50
Cotmty hospital Health maintenance Airport Housing authority Major risk medical sheriff law
organization instuarice enforcernent
training center
Revenues by Source-Business-type Activities
Other
2.2%
Operating grants and
contributions
- 24.0°io
Charges for services
73.8%
9
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
Business-type activities decreased the County's net assets by$8,397,000. Expenses exceeded program revenues
in the County Hospital, Health Maintenance Organization, Airport, Housing Authority and Sheriff Law
Enforcement Training Center.
• The cost of medical services and supplies exceeded the increases in funding sources for the costs.
• The Sheriff Law Enforcement Training Center began operation in fiscal year 2001-2002 and incurred
start-up costs that were not yet recovered.
FINANCIAL ANALYSIS OF THE COUNTY'S FUNDS
The County uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements.
As noted earlier, this is the first year the County has reported its financial activities and balances in accordance
with GASB Statement No. 34. To comply with this Statement, many of the financial balances and activities
previously reported in trust and agency funds were reclassified and are now reported in governmental funds. The
County has not restated prior year information for the purpose of providing the comparative data for the
Management's Discussion and Analysis (MD&A) because some of that information was not readily available.
However, in future years, that prior year information will be available and a comparative analysis of County fund
data will be presented. The following is an analysis of the activities of the County's funds for fiscal year 2001-
2002 as reported in the fund-basis statements.
Governmental Funds
The focus of the County's governmental funds is to provide information on near-term inflows, outflows, and _
balances of resources that are available for spending. Such information is useful in assessing the County's
financing requirements. In particular, unreserved fund balance may serve as a useful measure of a government's
net resources available for spending at the end of the fiscal year. Types of government funds reported by the
County include the General,special revenue,debt service,capital projects and permanent funds.
As of June 30,2002,the County's governmental funds reported combined ending fund balances of$468,266,000,
an increase of$20,227,000 in comparison with the prior year. Approximately $370,868,000, or 79.2 percent of
these fund balances, constitutes unreserved fund balances, which are available for spending at the County's
discretion. The remainder of fund balances is reserved to indicate that it is not available for new spending
because it has already been committed: (1) for encumbrances-to liquidate contracts and purchase orders of the
prior period($57,608,000), (2)to reflect advances due from other funds and inventories($6,893,000), (3) to pay
debt service($27,464,000),or(4)for miscellaneous other restricted purposes($5,433,000).
The General Fund is the primary operating fund of the County. At June 30,2002,unreserved fund balance of the
General Fund was $115,658,000, while total fund balance reached$169,402,000. 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 12.5 percent of total General Fund expenditures, while total
fund balance represents 18.3 percent
In the Public Financing Authority Debt Service Fund, which is reported as part of the nonmajor governmental
funds, capital outlay expenditures exceeded proceeds from the issuance of debt in fiscal year 2001-2002 by
�t..w
10
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
approximately$12,000,000. This resulted in a similar reduction in fund balance. It is not unusual to have timing
differences between funding and expenditures for capital projects.
Proprietary Funds
As mentioned earlier, the County's proprietary fund financial statements provide the same type of information
found in the government-wide financial statements,but in more detail.
Net assets at June 30, 2002, were $20,858,000 for the County Hospital Enterprise Fund, $5,458,000 for the
Health Maintenance Organization Enterprise Fund and $48,611,000 for the other enterprise funds. As a result of
operations during the year,net assets of the County Hospital Enterprise Fund decreased by$4,552,000,net assets
_ of the Health Maintenance Organization Enterprise Fund increased by $99,000 and the net assets of the other
- enterprise funds decreased by$2,571,000.
Net assets of the internal service funds were a deficit of$11,830,000. As a result of operations during the year,
net assets of the Workers' Compensation Insurance County General Internal Service Fund decreased by
$11,799,000, the net assets of the Workers' Compensation Insurance Fire Protection Internal Service Fund
- decreased by$2,167,000 and the net assets of the other internal service funds increased by$394,000. The County
accelerated its Workers' Compensation claim processing to reduce the future effects of rising medical treatment
costs but this resulted in the actuary further increasing the reserve for benefits and claim expense. See Note 3 in
the notes to the basic financial statements for further information.
GENERAL FUND BUDGETARY HIGHLIGHTS
The County's final budget differs from the original budget in that it contains carry-forward appropriations for
various programs and projects, and supplemental appropriations approved during the fiscal year. Total budgeted
revenues were increased$138,116,000 or 15.5 percent, in the final budget. Actual revenues were less than final
budgeted revenues by$43,114,000,or 4.2 percent. Total budgeted expenditures were increased$141,434,000 or
14.7 percent, in the final budget. Actual expenditures were less than final budgeted expenditures by
$179,058,000,or 16.2 percent. Significant factors affecting these changes were as follows.
Original Budget vs.Final Budget
Revenue Variances
• Budgeted Intergovernmental revenues were increased because of additional state and federal grants.
State grant increases were for Medi-Cal health care, family income maintenance,public safety services,
other social services and miscellaneous State aid. Federal grant increases were for of childcare,highway
construction and family support.
• Budgeted Charges for services and Other revenues were increased to include additional funding for
remodeling and construction projects.
Expenditure Appropriation Variances
• The Final Budget for General Government-Building Maintenance was increased to reclassify interfund
charges as expenditures,which were previously recorded as transfers.
11
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
• The Final Budget for General Government - Plant Acquisition included additional appropriations for
building and improvement projects that were funded during the year.
• The Final Budget for Public Assistance - Community Development was increased for greater than
expected affordable housing construction and acquisition activity under HUD Block Grants.
+ The Final Budget for Public Assistance - Employment and Human Services Department (EHSD) Child
and Family Services was increased due to additional spending requirements for Foster Care and Aid To
Adoption programs.
+ The Final Budget for Public Ways and Facilities - Road Construction was increased for projects
identified and funded during the year.
Final Budget vs.Actual Amounts
Revenue Variances
+ Property taxes were greater than expected as real estate valuations were stronger than anticipated and
projected,given the recession.
• Licenses,permits and franchise fees revenue included gas surcharge payments received from Pacific Gas
and Electric Company (PG&E). These payments were greater than budgeted, as the increase in energy
prices was not anticipated.
• Intergovernmental revenues were less than budgeted because the budgeted revenues included fail
funding of capital projects and these projects were not completed during the year. State reimbursements
to the Employment and Human Services Department were less than expected.
• Charges for services revenues were less than budgeted because some County construction projects were
not completed during the year, as planned. The related funding for construction services from other
County funds and external sources was not realized
• Other revenue was less than budgeted because some County construction projects were not completed
during the year, as planned. The related funding for other construction costs from other County funds
and external sources was not realized.
Expenditure Variances
• The Final Budget for General Government - Employee Benefits included appropriations to fund
employee benefits, improve the countywide payroll system, and manage the employee benefit programs
that were less than anticipated.
• The Final Budget for General Government - Plant Acquisition included appropriations for various
building improvement and construction projects that were not completed during the year.
• The Final Budget for Public Assistance - EHSD Workforce Services included appropriations based on
expected Intergovernmental revenues that were not realized.
12
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
* The Final Budget for Public Ways and Facilities- Public Works included appropriations for the design,
construction and maintenance of County roads that were not completed during the year.
* The Final Budget for Public Ways and Facilities - Road Construction included appropriations for
construction of the State Route 4 Bypass project that was not completed during the year.
CAPITAL ASSET AND LONG-TERM DEBT ACTIVITY
Capital Assets
Capital assets for the governmental and business-type activities are presented below to illustrate changes from the
prior year:
COUN N"S CHANGES IN CAPITAL ASSETS
(Net of Depreciation)
(In Thousands)
Increase/
Governmental activities Business-type activities Total (Decrease)
2001 2001 2001 Percent
2002 as restated 2002 as restated 2002 as restated Chane
hiftustrtrcture $ 239221 227,837 239,221 227,837 5.0 %
Land and easements 60,108 59,997 10,464 10,454 70,572 70,461 0.2
Sm.ictures and improverrents 238,772 232,544 130,564 136,806 369,336 369,350
Equipment 42,379 41,284 13,967 18,795 56,346 60,079 (6.2)
- Construction in progress 53,502 22,810 36,539 25,051 90,041 47,861 88.1
Total $ 633,982 584,472 191,534 191,116 825,516 775,588 6.4 %
The County's investment in capital assets for its governmental and business type activities as of June 30, 2002,
amounted to $825,516,000 (net of accumulated depreciation). This investment in capital assets includes land,
buildings and systems, improvements, machinery and equipment, park facilities, roads, highways, drainage
systems, and bridges. The total increase in the County's investment in capital assets for fiscal year 2001-2002
was 6.4 percent (an 8.5 percent increase for governmental activities and a 0.2 percent increase for business-type
activities).
Major capital asset events during fiscal year 2001-2002 included the following:
* Construction in progress on two office buildings for the Employment and Human Services Department in
Antioch amounted to$12,110,000 for the year.
* Construction in progress on a 242-bed expansion of Juvenile Hall amounted to$10,386,000 for the year.
* Construction in progress on a new five-courtroom Family Law Center amounted to$6,491,000 for the year.
* Construction in progress on roads amounted to$8,070,000 for the year.
* Construction in progress on drainage systems amounted to$14,187,000 for the year.
13
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
* Construction in progress on hospital ambulatory care clinics amounted to$9,778,000 for the year. _.
At June 30, 2002, the County had construction commitments totaling$36,063,000 as described in Note 19.E in
the notes to the basic financial statements. Additional information on the County's capital assets can be found in
Note 7 in the notes to the basic financial statements.
Long-Term Debt
Long-term debt for the governmental and business-type activities are presented below to illustrate changes from
the prior year:
COUNTY'S OUTSTANDING DEBT
Capital Lease Obligations,Certificates of Participation,Pension Obligation Bonds,Notes Payable,Other Bonds Payable,
Lease Revenue Bonds,Tax Allocation Bonds and Special Assessment Debt
(In Thousands)
Increase/
Governmental activities Business-type activities Total
(Decrease)
Percent
2002 2001 2002 2001 2002 2001 Change
Capital lease obligations $ 16,238 8,988 2,146 2,748 18,384 11,736 56.6 %
Certificates of participation 58,665 61,465 132,550 135,940 191,215 197,405 (3.1)
Pension obligation bonds 281,425 297,340 281,425 297,340 (5.4)
Notes payable 6 984 1,044 984 1,050 (6.3)
Other bonds payable 8,055 8,505 8,055 8,505 (5.3)
Lease revenue bonds 111,420 102,245 31,760 32,010 143,180 134,255 6.6
Tax allocation bonds 54,525 55,360 54,525 55,360 (1.5)
Special assessment debt 18,589 20,276 18,589 20,276 (8.3)
Total $ 548,917 554,185 167,440 171,742 716,357 725,927 (1.3)%
At June 30, 2002, the County had total long-term debt outstanding of$716,357,000. The County's legal debt
limit was $4,674,510,000. The County's total debt decreased by $9,570,000, or 1.3 percent, during fiscal year
2001-2002.
In June 2002,the County of Contra Costa Public Financing Authority issued$12,650,000 in lease revenue bonds
to finance various capital projects of the County.
The County's credit ratings for pension obligation bonds are AA- by Standard & Poors and Aa3 by Moody's
Investors Service. Its credit ratings for lease revenue bonds and certificates of participation are AA-by Standard
&Poors and A I by Moody's Investors Service.
Additional information of the County's long-term debt can be found in Note I l in the notes to the basic financial
statements.
KNOWN FACTS,DECISIONS AND CONDITIONS THAT ARE EXPECTED TO HAVE A
SIGNIFICANT EFFECT ON FINANCIAL POSITION OR RESULTS OF OPERATIONS
+ The State has suffered from the economic slowdown, and the threat of terrorist activities. Due in part to its
diversity, the County's economy has been fairly resilient, as evidenced by only a 1.5 percent increase in
14
................................ N
COUNTY OF CONTRA COSTA
MANAGEMENT'S DISCUSSION AND ANALYSIS
June 30,2002
unemployment since October 2001. However, governmental revenues have been hit harder than the overall
economy. The State benefited substantially from income taxes received from capital gains and stock options
during the market rise in the late 1990's to 2001. In fiscal year 2000-2001., State revenue from this source
peaked at$17.7 billion,which amounted to nearly 25 percent of State General Fund revenue. One year later,
this revenue fell $8.2 billion to$9.5 billion. As a result of this and other factors,the State is addressing a$35
billion shortfall of projected revenues compared to expenditures for the 18-month period of January 1, 2003,
through June 30, 2004. This is expected to lead to a significant, but undetermined, reduction of County
revenue. The County receives approximately 20 percent of its revenues from taxes and a significant portion
of the remainder is provided by the State.
• To attract and maintain a high quality workforce the County must provide salaries and benefits competitive
with other potential employers such as the State, other governmental entities and the private sector. In
recognition of this fact, the Board of Supervisors and most of the employee organizations agreed to extend
their current labor agreements another three years, with new cost-of-living adjustments and an enhanced
retirement benefit. The cost-of-living adjustments range from five to six percent for the first year and from
three to five percent for each of the second and third years covered by the agreement. The new retirement
benefit is commonly known as "3 percent at 50" (for safety members) and "2 percent at 55" (for general
members). A further explanation of the retirement benefit can be found in Note 15 in the notes to the basic
financial statements.
+ As a result of decisions in various lawsuits affecting retirement benefits and the enhanced benefits noted
above,the Unfunded Actuarial Accrued Liability(UAAL)for the County is estimated to be$406,000,000 as
of December 31,2001. In addition,approximately$473,000,000 of retirement investment losses attributable
to the County had not been recognized as of June 30, 2002. These factors will result in higher costs to the
County in future years.
General Fund subsidies to the County Hospital and Health Maintenance Organization increased$6,249,000
from the prior year to $31,401,000 and $4,811,000, respectively. State budget cuts are expected and costs
continue to rise more rapidly than revenue. Even with cost containment efforts in place,similar subsidies are
expected to recur in fiscal year 2002-2003.
• All of these factors were considered in preparing the County's budget for fiscal year 2002-2003.
REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview of the County's finances for all those with an
interest in the County's finances. Questions concerning any of the information provided in this report or requests
for additional financial information should be addressed to the Office of the County Auditor-Controller, 625
Court Street,Room 103,Martinez,CA 94553-1282.
15
MySrr s•�y .
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ry
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COUNTY OF CONTRA COSTA
_. S"I ATE WENT OF NET ASSETS
JUNE 30,2002
(In Thousands)
Count
Prnrraty Government
Unit
and
de�r
C;
Governmental Business-type Clr lrill re First
Assets: Activities Activities Total C:onnrrrission
Cash and investments $ 476,700 78,035 554,735
Receivables(net) 148,95238,939
Inventories 45,316 194,268 2,088
Internal balances1,872 1,167 3,039
Due from fiduciary funds 16,108 (16,108)
13,934
Due from conTonent unit 354 334
Notes receivable 36,5
Prepaid item 25 1,659 38,184
and deposits 2,525 3,938
Lara!held far resale 6,5'63 19
1'286 11,286
Prepaid pension asset 278,723 27 ,723
Restricted cash and investrnents 72,583 11,376
Capital assets: 83,959
Nondepreciable 113,610
lneciable,net 47,0113 160,613
520,372 144,531 664,903
Total Assets 11683,644
3 .91_ 2,000,561 41,046
16
liabilities:
Short term notes payable 70,000
70,000
Accouns Payable Accrued S and accrued liabilities 68,817 43,543 112,360 169
lie 3,888 1,379 5,267
Due to fiduciary funds 38S
Dee to primary government 385
Welfare program advances 4,864 354
Deferred revenue 4,864
36,330 37,058 73,388
Long-term liabilities:
Due within one year 51,241 6,207
Due in more than one 5 ,`
�' 619,865 161,613 7811,47878
Total Liabilities 855,0005250,185 1,105,190
Net Assets: 523
Invested in capital assets,net of related debt
Restricted for: 437,866 38,55$ 476,424
Legally segregated taxes,grants and fees 232,651 232,651
Debt service 24,751 !1,376
Permanent Fund: 36,127
Evendable 353
Nonexpendable 1,726 353
Chuildren's progr ms 1,726
Unrestricted 131,29233,558
16,798 148,090 6,965
Total Net Assets $ 828,639 66,732 895,371
-- 40,523
See acconVanying notes to the basic fr.tcia]staterrents.
17
COUNTY OF CONTRA COSTA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Program Revenues
Operating Capital
Charges for Grants and Grants and
Expenses Services Contributions Contributions --
Function/Program Activities:
Primary Government:
Governmental activities:
General government $ 115,534 73,680 19,682
Public protection 365,757 100,344 119,742 76
Health and sanitation 184,109 51,533 80,561
Public assistance 328,450 1,648 308,577
Education 16,364 738 3,152
Public ways and facilities 56,197 22,557 13,134 12,497
Recreation and culture 793 36 52
Interest on debt 36,340
Total Governmental Activities 1,103,544 250,536 544,900 12,573
Business-type activities:
County hospital 229,584 178,040 31,886 7,194
Health maintenance organization 112,386 I05,157 2,757
Airport 4,323 3,002 130
Housing authority 65,038 3,536 59,459
Major risk medical insurance 931 931
Sheriff law enforcement training center 1,106 200 242
Total Business-type Activities 413,368 290,866 94,474 7,194
Total Primary Government $ 1,516,912 541,402 639,374 19,767
Component unit:
Children and Families First Commission $ 4,696 16,643
GENERAL REVENUES:
Taxes:
Property
Sales -
Other
Grants/contributions not restricted
Investment earnings
Other
TRANSFERS
Total general revenues and transfers
Change in net assets
NET ASSETS,BEGINNING OF YEAR
NET ASSETS,END OF YEAR
See accompanying notes to the basic financial statements.
18
Net(Expenses)Revenues and
Changes in Net Assets
Business-
Governmental type Component
- Activities Activities Total Unit
(22,172) (22,172)
(145,595) (145,595)
(52,015) (52,015)
(18,225) (18,225)
(12,474) (12,474)
(8,009) (8,009)
(705) (705)
(36,340) (36,340)
(295,535) (295,535)
(12,464) (12,464)
(4,472) (4,472)
(1,191) (1,191)
(2,043) (2,043)
- (664) (664)
(20,834) (20,834)
(295,535) (20,834) (316,369)
11,947
211,376 211,376
11,616 11,616
15,692 15,692
77,741 77,741
27,035 298 27,333 733
20,158 1,076 21,234
(11,063) 11,063
352,555 12,437 364,992 733
57,020 (8,397) 48,623 12,680
771,619 75,129 846,748 27,843
$ 828,639 66,732 895,371 40,523
19
COUNTY OF CONTRA COSTA
BALANCE SHEET
Ct?VERNMENTAL FUNDS
JUNE 30,2002 _..
(In Thousands)
Other _.
General Funds Total
Assets:
Cash and investments $ 59,033 340,306 399,339
Accounts receivable and accrued revenue(net) 135,481 11,656 147,137
Inventories 1,872 1,872
Due from other fiords 66,311 12,075 78,386
Due from component unit 354 354
Advances to other fiords 138 4,883 5,021
Notes receivable 29,246 7,279 36,525
Prepaid items and deposits 1,801 413 2,214
Land held for resale 1,286 1286
Restricted cash and investments 72,583 72,583
Total Assets $ 366,819 377,898 744,717
liabilities and Fund Balances
Liabilities:
Short term notes payable $ 70,000 70,000
Accounts payable and accrued liabilities 56,267 12,550 68,817
Due to other funds 18,482 34,475 52,957
Welfare program advances 4,864 4,864
Advances from other funds 5,021 5,021
Deferred revenue 47,804 26,988 74,792
Total Liabilities 197,417 79,034 276,451
Fund Balances:
Reserved for:
Encumbrances 50,342 7,266 57,608
Inventories 1,872 1,872
Advances to other funds 138 4,883 5,021
Prepaid items and deposits 1,392 413 1,805
Land held for resale 1,286 1,286
Housing projects 616 616
Debt service 27,464 27,464
Nonexpendable permanent funds 1,726 1,726
Unreserved,reported in:
General f nd 115,658 115,658
Special revenue hinds 176,792 176,792
Debt service funds 29,092 29,092
Capital projects fuuxis 48,973 48,973
Permanent fund 353 353
Total Fund Balances 169,402 298,864 468,266
Total Liabilities and Fund Balances $ 366,819 377,898 744,717
See accompanying notes to the basic financial statements.
20
COUNTY OF CONTRA.COSTA
RECONCE L ATION OF THE GOVFIWMEWFAL FuNEIS BALANCE SHEET
TO THE STATEMENT OF NET ASSETS
JUNE 30,2002
(In Thousands)
Fund balances-total governmental funds(page 20) $ 468,266
Aamunts reported for govennnnental activities in the
statement of net assets are different because;
The pension assets resulting from contributions in excess of the annual
required contribution in 2001 are not financial resources and therefore
not repotted in the finds. 278,723
Capital assets used in govemrnental activities are not financial resources
and therefore are not reported in the govannientral fields. 633,982
Accred revenue,which is not available soon enough to pay for the
current period's expenditures,is deferred in the govenvetrtal fiords. 1,937
Notes receivable are not available to pay cm-ent-period expenditures
and,therefore,are deferred in the governmental finds. 36,525
Intetrmal service funds are used by management to charge the costs of
self insurance to individual finds. The assets and liabilities of these
funds,except for the nnedical liability insurance fund,are included
as goverrunental activities in the statement of net assets. (3,639)
Interest on long-term debt is recognized as it accrues,regardless of when
it is due. (3,888)
Costs of issuance on 2002 lease revenue bond are not recognized as current
year expenditures and are deferred. $ 412
Current year amortization of costs of issuance on 2002 lease revenue bond. (1) 411
Long-team liabilities,including bonds payable,are not due and payable
in the current period and therefore are not reported in the govennnental
funds.
Certificates of participation (58,665)
Lease revenue bonds (111,420)
Tax allocation bonds (54,525)
Special assessment bonds (18,589)
Other bonds payable (8,055)
Pension obligation bonds (281,425)
Capital lease obligations {16,238)
Conrpensatedabsences (34,761) (583,678)
Net assets of goverxurental activities(page 17) $ 828,639
See acconywying notes to the basic financial statements.
21
COUNTY OF CONTRA COSTA
STATEN ENT OF REVENUES,EXPINDTrURFS AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
On Thousands)
General Other
Fund Funds Total
Revenues:
Taxes $ 200,571 122,064 322,635
Licenses,pernits and franchise fees 23,782 11,495 35,277
Fines,forfeitures and penalties 14,508 4,017 18,525
Use of money and property 10,527 13,237 23,764
Intergoverru mMI 506,352 39,372 545,724
Charges for services 155,713 40,875 196,588
Other revenue 74,613 19,667 94,280
Total Revenues 986,066 250,727 1,236,793
Expenditures:
Current:
General governnrnt 128,375 1,976 130,351
Public protection 254,070 123,941 378,011
Health and sanitation 172,613 9,551 182,164
Public assistance 315,112 22,561 337,673
Education 205 16,162 16,367
Public ways and facilities 45,679 43,1.51 88,830
Recreation and culture 1,099 1,099
Debt service:
Principal 25,110 25,110
Band issuance cost 412 412
Interest 2,215 34,092 36,307
Capital outlay 7,415 24,821 32,26
Total Expenditures 925,684 302,876 1,228,560
Excess(Deficiency)of Revenues Over
(Under)Expenditures 60,382 (52,149} 8,233
Other Financing Sources(Uses):
Transfers in 23,568 48,662 72,230
Transfers out (76,347) (6,946) (83,293)
Proceeds from the sale of real estate 500 500
Proceeds from issuarrce of debt 12,650 12,650
Capital lease financing 9,907 9,907
Total Other king Sources(Uses) (42,872) 54,866 11,994
Net Change in Fund Balances 17,510 2,717 20,227
Fund Balances at Beginning of Year,as Previously Reported 144,607 257,017 401,624
Adjustments to beginning field balances 7,285 39,130 46,415
Fund Balances at Beginning of Year,as Restated 151,892 296,147 448,039
Mmd Balances at End of Year $ 169,402 298,864 468,266
See accompanying notes to the basic financial statements.
22
COUNTY OF CONTRA COSTA
RECONCILIATION OF THE GOVERNMENTAL FUNDS STATEMENT
OF REVENUES,EXPENDTI URES,AND CHANGES IN FUND BALANCES TO THE
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Net change in fund balances-total govemmental funds(page 22) $ 20,227
Ar rio nits reported for governmental activities in the
statement of activities are different because:
Revenues that were deferred in the governmental funds because they were
unavailable are reported as current revenue. 12,953
C,overntnet"fiords report capital outlay as expenditures. However,in
the statemrrt of activities,the cost of those assets is allocated over
their estimated usefW lives and reported as depreciation expense.
Expenditures for capital assets $ $$,677
Less loss on sale/retirement of capital assets (3,753)
Less current year depreciation (35,414) 49,510
Some income reported in the governmental funds was previously
reported in the statement of activities and therefore is not reported
---- as current income. (500)
Long-term debt proceeds provide current financial resources to governmental
fiords,but issuing debt increases long-term liabilities in the statement of
net assets. Repayment of bond principal is an expenditure in the
governmental funds,but the repayment reduces long-term liabilities in
the statement of net assets.
Proceeds form lease revenue bonds (12,650)
Deferral of bond issuance cost 412
Principal payments 27,768
_. Issuance of capital lease
(9,907) 5,623
Soiree expenses reported in the statement of activities do not require the
use of cement financial resources and therefore are not reported as
expenditures in govennnental fiords.
Change in long-term compensated absences (3,601)
Armrtization of pension asset (14,835)
Arrortization of bond issuance cost (1)
Change in accrued interest payable (142) (18,579)
Internal service fiords are used by management to charge the costs of
certain activities to individual firnds. The net revenue of the internal
service firnds is reported with governmental activities. (12,214)
Change in net assets of goverrrnrental activities(page 19) $ 57,020
See accompanying notes to the basic financial statements.
23
COUNTY OF CONTRA COSTA
STATEIVIENr OF FUND NET ASSETS
PROPRIETARY FUNDS
JUNE 30,2002
(In Thousands)
Enterprise Funds
Health Internal
County Maintenance Service
Hospital Organization Other Total Funds
Assets:
Current assets:
Cash and investments $ 39,045 21,760 13,726 74,531 80,865
Accounts receivable and accrued revenue(net) 41,243 901 3,172 45,316 1,815
Inventories 1,158 9 1,167
Due from other funds 11,131 3,816 97 15,044 1,820
Notes receivable 1,659 1,659
Prepaid items and deposits 3,589 158 191 3,938
Total Current Assets 96,166 26,635 18,854 141,655 84,500
Restricted cash and investments 11,376 11,376
Capital assets:
Nondepreciable 32,762 14,241 47,003
Depreciable,net 113,762 94 30,675 144,531
Total Assets $ 254,066 26,729 63,770 344,565 84,500
Inabilities and Net Assets
Liabilities:
Current liabilities:
Accounts payable and accrued liabilities $ 25,796 15,306 2,441 43,543
Accrued interest payable 1,325 54 1,379
Due to other fiords 20,382 5,690 1,393 27,465 1,275
Deferred revenue 29,352 7,706 37,058
Current portion of long-term liabilities 4,209 27 709 4,945 19,079
Total Current Liabilities 81,064 21,023 12,303 114,390 20,354
Noncurrent portion of long-term liabilities:
Capital lease obligations 1,546 1,546
Certificates of participation,net 115,343 115,343
Compensated absences 5,689 248 391 6,328
Claims payable 75,976
Bonds and notes payable,net 31,112 919 32,031
Total Noncurrent liabilities 152,144 248 2,856 155,248 75,976
Total liabilities 233,208 21,271 15,159 269,638 96,330
Net Assets(Deficit):
Invested in capital assets,
net of related debt (3,508) 94 411972 3&558
Restricted for debt service 11,376 11,376
Unrestricted(Deficit) 12,990 5,364 6,639 24,993 (11,839)
Total Net Assets(Deficit) 20,858 5,458 48,611 74,927 (11,830)
Total Liabilities wW Net Assets $ 254,066 26,729 63,770 84,5()0
Adjustmernt to reflect the consolidation of internal service fund activities
related to enterptise funds. (8,195Y
Net assets of business-type activities(page 17) $ 66,732
See acmgmying notes to the basic financial statements.
24
COUNTY OF CONTRA COSTA
STATEMENT OF REVENUES,EXPENSES AND CHANCES IN FUND NET ASSETS
PROPRIETARY FUNDS
. FOR THE YEAR.ENDED JUNE 30,2002
(In Thousands)
va
Aerprise Funds
Health Internal
County Maintenance Service
Hospital Or Other Total Funds
Operating Revenues:
Charges for services $ 178,040 105,157 7,669 290,866 31,429
Other revenue 1,074 1,074 1,036
Total Operating Revenues 178,040 105,157 8,743 291,940 32,465
Operating Expenses:
Salaries and ernployee benefits 134,768 6,199 1,494 142,461
Services and supplies 64,662 105,977 2,346 172,985 9,618
Benefit and claim expense 42,706
Other charges 9,503 62,253 71,756
Depreciation 6,530 14 4,839 11,383
Total Opemting Expenses 215,463 112,190 70,932 398,585 52,324
Operating loss (37,423) (7,033) (62,189) 106,645) (19,859)
Nonoperating Revenues(Expenses)
.... State and federal grants 31,886 2,757 59,831 94,474 10
Investment income 294 294 3,277
Interest expense 9,977 . 43.7) .. (10,414)
Total Nonoperating Revenues(Expenses) 21,909 2,757 59,688 84,354 3,287
Loss before Capital
_._.._
Contributions and Transfers (15,514) (4,276) (2,501) (22,291) (16,572)
Capital contributions 7,194 7,194
Transfers in 32,626 4,811 37,437 3,000
Transfers out (28,868) _ {436) (70) 29,374
Change in Net Assets (4,562) 99 2,571 7,034 13,572)
Total Net Assets at Beginning of the Year,
as Previously Reported 23,566 5,286 51,825 80,677 2,497
Adjustments to beginning net assets 1,854 _ 73 (643) 1,284 (755)
Total Net Assets at Beginning of the Year,
as Restated 25,420 5,359 51,182 81,961 1,742
Total Net Assets at End of Year $ 20,858 5,458 48,611 74,927 (11,830)
Reconciliation otenterprise tunds change in net assets to staternent of activities:
Change in net assets of enterprise funds. $ (7,034)
Adjustment to reflect the consolidation of internal service fiuid activities
related to enterprise fiords. 1,363)
Change in net assets of business-type activities(page 19)
See dying notes to the basic financial statements.
25
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Contra Costa County Redevelopment Agency
The Contra Costa County Redevelopment Agency (ICDA) was established for the purpose of
redeveloping certain areas of the County designated as project areas. Its board members are the same
as the County Board of Supervisors. The financial activities of the RDA are included in the special
revenue,debt service and capital projects funds which are reported as nonmajor governmental funds.
Contra Costa County Public Facilities Corporation
The Contra Costa County Public Facilities Corporation (PFC) was established to provide financing
for the acquisition, construction, improvement and remodeling of public buildings and facilities for
the County. The County appoints a voting majority of the governing board and is able to impose its
will on the Corporation. The activities of the Corporation are included in a debt service fund which is
reported as part of the nonmajor governmental funds and in the County Hospital Enterprise Fund.
County of Contra Costa Public Financing Authority:
The County of Contra Costa Public Financing Authority(PFA) is a joint powers authority consisting
of the County and the RDA. The PFA was established to provide for the financing of public
improvements, obligations, working capital and liability or other insurance programs of the County
and the RDA. The members of the County Board of Supervisors also serve as the Directors of the
PFA. The activities of the PFA are included in a debt service fund which is reported as part of the
nonmajor governmental funds and in the County Hospital Enterprise Fund.
Contra Costa County Emplayees'Retirement Association .:,.
The Contra Costa County Employees' Retirement Association(CCCERA) was established to provide
retirement benefits to employees of the County and other member agencies. The CCCERA provides
a majority of its services for the benefit of the County and, therefore, is reported as a pension trust
fund in the basic financial statements. The fiscal year of the CCCERA ends on December 31 st and its «< :
financial activities are reported as of that date.
In-Home Supportive Services Public Authority
The Contra Costa County Board of Supervisors, pursuant to 'Welfare and Institutions Code Section
12301.6, established the In-Horne Supportive Services Public Authority (IHSS). This Authority {
provides screening,training and referral of in-home supportive service providers and assists recipients
in finding qualified persons to assist eligible individuals who are unable to care for themselves at
home. The activities of the IHSS are included in a special revenue fund which is reported as part of
the nonmajor governmental funds.
Special Districts and Service Areas
The County has 41 agencies referred to as County Special Districts and Service Areas. Each is
established by the County for the purpose of providing specific services in a defined geographic area.
Their board members are the same as the County Board of Supervisors. These agencies and the
30
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Special Revenue Fund in which each is included are: Fire Protection - Bethel Island Fire Protection
District, Contra Costa Fire Protection District, Crockett-Carquinez Fire Protection District, East
Diablo Fire Protection District, Oakley Fire Protection District; Flood Control - Flood Control
District, Storm Drainage District, Storm Drain Maintenance District No. 4 and Storm Drain District
No. Z-16; Health and Sanitation - Sanitation Districts Nos. 5 and 6; Service Areas - Service Areas D-
2, EMS-1, L-100, LIB-2, LIB-10, LIB-12, LI13-13, M-1, M-8, M-16, M-17, M-20, M-23, M-25, M-
26, M-27, M-28, M-295 M30, R-4, R-7, R-9, R-10, RD-4 and Discovery Bay West Parking District;
Law Enforcement - Service Areas P-1, P-2, P-5 and P-6; Other Special Revenue - Contra Costa
County Water Agency. These special revenue funds are reported as nonmajor governmental funds.
Discretely Presented Component Unit
Children and Families First Commission
The Contra Costa Children and Families First Commission (the Commission) was established to
implement the provisions of Proposition 10, adopted by the voters in 1998. Proposition 10 added
Division 108 (commencing with Section 130100) to the Health and Safety Code. It provides for a
State tax on the sale of tobacco products and also provides that this revenue be spent for early
childhood development programs by the Commission. The County Board of Supervisors appoints all
nine members (and nine alternate members) of the Commission and is able to impose its will on the
Commission. Two members of the Board of Supervisors serve on the Commission. The Commission
provides most of its services directly to the citizens of the County. The financial activity of the
Commission is reported in separate columns on the government-wide financial statements.
Complete audited financial statements for each of the individual component units are issued
_ separately and may be obtained at the unit's administrative offices as follows:
Housing Authority of the County of Contra Costa
3133 Estudillo Street,Martinez,CA 94553
Contra Costa County Public Facilities Corporation
1220 Morello Ave., Suite 100,Martinez,CA 94553
County of Contra Costa Public Financing Authority
651 Pine Street, 6th Floor,Martinez, CA 94553
Contra Costa County Redevelopment Agency
651 Pine Street, 5th Floor North Wing, Martinez,CA 94553
Contra Costa County Employees" Retirement Association
1355 Willow Way, Suite 221,Concord,CA 94520
Contra Costa Children and Families First Commission
1340 Arnold Drive, Suite 125, Martinez,CA 94553
In-Home Supportive Services Public Authority
40 Douglas Drive,Martinez,CA 94553
31
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
B. New Accounting Pronouncements Implemented During the Year
New Reporting Model: GASB Statement No. 34
In June 1999, The Governmental Accounting Standards Board (GASB) issued Statement No. 34,
Basic Financial Statements — and Management's Discussion and Analysis —for State and Local
Governments. GASB Statement No. 34 provides for the most significant change in financial
reporting in over twenty years with changes to governmental financial reporting, including changes in
the basic financial statements. This new governmental reporting model is effective for the County
beginning with fiscal year 2001-2002, the period covered by these statements.
GASB Statement No. 34, requires the presentation of government-wide financial statements and fund
financial statements. The new government-wide financial statements are prepared using the accrual
basis of accounting and the economic resources measurement focus. The government-wide financial
statements include the reporting of long-term liabilities and capital assets such as buildings, roads,
drainage facilities, and other infrastructure within the governmental and the business-type activities.
Depreciation expenses and accumulated depreciation, which were not previously reported for
governmental funds, are also displayed on the goverriment-wide financial statements. The capital
assets and related depreciation also include the costs and depreciation of infrastructure assets, which
were not previously capitalized and depreciated.
The fiend financial statements for the governmental funds continue to be prepared under the modified
accrual basis of accounting. Fund financial statements are shown separately for specific .major
governmental funds,and in total for all other nonmajor governmental funds.
Effects of New Pronouncements
The following summarizes recent GASB pronouncements and their impact, if any, on the financial
statements:
GASB Statement No. 34 establishes new financial reporting requirements for all governments,
nationwide. The main purpose is to provide more understandable and useful governmental financial
reports to a wider range of users and enhance the comparability of financial statements.
Under GASB Statement No. 34, the County's basic financial statements present the following
components in addition to the fund financial statements and other required supplementary
information:
• Management's Discussion and Analysis (MD&A) - The MD&A is the new easily readable
narrative that introduces the basic financial statements and provides an analytical overview of the
County's financial activities. The narrative should include currently known facts, decisions or
conditions that are expected to have a significant effect on the financial position or changes in
financial position.
• Government-wide Financial Statements —These financial statements report the financial position
and operating results of the County as an economic entity, excluding the information about
32
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30 2002
fiduciary activities, and are prepared using the economic resources measurement focus and the
accrual basis of accounting. The government-wide financial statements include the statement of
net assets and the statement of activities.
GASB Statement.No. 37
In June 2041, GASB issued Statement No. 37, Basic Financial Statements — and Management's
_. Discussion and Analysis —for State and Local Governments: Omnibus — an Amendment of GASB
Statements No. 21, Accounting for Escheat Property and No. 34. This statement is effective for the
same period as GASB statement No. 34 and either clarifies or modifies certain provision in GASB
Statements No. 21 and No. 34. It establishes guidance in the following areas: reporting of escheat
property, topics for discussion in the MD&A, program revenue classifications, the minimum level of
detail required for business-type activities in the statement of activities, etc.
GASB Statement No. 38
In .lune 2001, the GASB issued Statement No. 38, Certain Financial Statement Note Disclosures.
This statement modifies, adds and deletes various note disclosure requirements. Those requirements
address revenue recognition policies, debt service requirements, receivable and payable balances,
interfund transfers and balances,and short-term debt.
GASB Interpretation No. 6
In March 2000, the GASB issued Interpretation No. 6, Recognition and Measurement of Certain
Liabilities and Expenditures in Governmental Fund Financial Statements. This interpretation
clarifies the application of standards for modified accrual recognition of certain liabilities and
_ expenditures in areas where differences have arisen, or potentially could arise, in interpretation and
practice.
The County has implemented GASB Statement Nos. 34, 37 and 38 and Interpretation No. b and these
statements are presented according to those requirements. A summary of the adjustments required to
implement these statements is presented in Note 2.
C. Basis of Presentation
Government-Wide Financial Statements
GASB Statement No. 34 mandates the presentation of two basic government-wide financial
statements, the Statement of Net Assets and the Statement of Activities. The statement of net assets
and statement of activities display information about the primary government (the County) and its
component units. These statements include the financial activities of the overall government, except
for fiduciary activities. Eliminations have been made to minimize the double counting of internal
activities. These statements distinguish between the governmental and business-type activities of the
County and between the County and its discretely presented component unit. Governmental
activities, which normally are supported by taxes and intergovernmental revenues, are reported
33
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
separately from business-type activities, which rely to a significant extent on fees charged to external
parties.
The statement of net assets reports the County's financial and capital resources, including
infrastructure, as well as the County's long-term obligations. The difference between the County's
assets and liabilities is its net assets. Net assets represent the resources that the County has available
for use in providing services after its debts are settled.
The statement of activities presents a comparison between direct expenses and program revenues for
each function of the governmental activities and each segment of the business-type activities. Direct
expenses are those that are specifically associated with a program or function and, therefore, are
clearly identifiable to a particular function. Program revenues include 1) charges paid by the
recipients of goods or services offered by the programs, including fines and forfeitures, and 2)grants
and contributions that are restricted to meeting the operational or capital requirements of a particular
program. Revenues that are not classified as program revenues, including all taxes, are presented as
general revenues.
When an expense is incurred for purposes for which both restricted and unrestricted net assets are
available, management has discretion as to which resources to apply. Generally, restricted resources
are depleted before unrestricted. However,when prudent, unrestricted resources may be used first.
Fund Financial Statements
The fund financial statements provide information about the County's funds, including fiduciary
funds and blended component units. Separate statements for each fund category — governmental,
proprietary and fiduciary — are presented. The emphasis of fund financial statements is on major
governmental and enterprise funds,each displayed in a separate column. All remaining governmental
and enterprise funds are separately aggregated and reported as nonmajor funds.
The County reports the General Fund as a major governmental fund. The General Fund is used to
account for all revenues and expenditures necessary to carry out basic governmental activities of the
County that are not accounted for through other funds. In addition to general administration, the
General Fund includes such activities as public protection, health and sanitation, public assistance,
education,and public ways and facilities.
The County reports the following major enterprise funds:
• The County Hospital (the Hospital) accounts for hospital operations involved in providing health
services to County residents. Revenues are principally fees for patient services, payments from
Federal and State programs such as Medicare, Medi-Cal and Short-Doyle, realignment revenues
and subsidies from the General Fund.
+ The Health Maintenance Organization accounts for the operations of the County's prepaid health
plan. Revenues are primarily capitation payments by Medicare and Medi-Cal, premiums by
private citizens and realignment revenues.
34
COUNTY OF CONTRA COS'T'A
NOTES TO THE.BASIC FINANCIAL STATEMENTS
June 30,2002
The County reports the following additional fund types:
- • Internal Service Funds account for the County's self-insurance programs — employee dental
insurance, employee medical insurance, long-term disability, workers' compensation, automotive
liability insurance, general liability insurance, state unemployment insurance, medical liability
insurance and special district property insurance,on a cost-reimbursement basis.
• The Pension Trust Fund accumulates contributions from the County, its employees and other
participating employers, and earnings from the fund's investments. Disbursements are made
from the fund for retirement, disability and death benefits (based on a defined benefit formula)
and administrative expenses. This fund includes all assets of the CCCERA.
• The Investment Trust Fund accounts for the assets of legally separate entities who make directed
investments through the County Treasurer. These entities include school and community college
districts, other special districts governed by local boards, regional boards and authorities and pass
through funds for tax collections for cities. These funds represent the assets, primarily cash and
investments,and the related liability of the County to disburse these monies on demand.
• The Private-Purpose Trust Fund accounts for assets held in trust for the City of Oakley related to
its redevelopment project area,as well as assets held in trust for others.
« The Agency Funds account for assets held by the County as an agent for various local
governments.
D. Basis of Accounting
The government-wide,proprietary fund and fiduciary fund financial statements are reported using the
economic resources measurement focus and the accrual basis of accounting. Revenues are recorded
when earned and expenses are recorded at the time liabilities are incurred, regardless of when the
related cash flows take place. Nonexchange transactions,in which the County is giving(or receiving)
value without directly receiving(or giving) equal value in exchange, include property and sales taxes,
grants,entitlements and donations. On an accrual basis,revenue from property taxes is recognized in
the fiscal year for which the taxes are levied. Revenues from sales tax are recognized when the
underlying transactions take place. Revenues from grants, entitlements and donations are recognized
in the fiscal year in which all eligibility requirements have been satisfied.
For its business-type activities and enterprise funds, the County has elected under GASB Statement
No. 20,Accounting and Financial Reporting for Proprietary Funds and Other Governmental Entities
That Use Proprietary Fund Accounting, to apply all applicable GASB pronouncements as well as any
applicable pronouncements of the Financial Accounting Standards Board, the Accounting Principles
Board or any Accounting Research Bulletins issued on or before November 30, 1989, unless those
pronouncements conflict with or contradict GASB pronouncements. The GASB periodically updates
its codification of the existing Governmental Accounting and Financial Reporting Standards which,
along with subsequent GASB pronouncements (Statements and Interpretations), constitutes
accounting principles generally accepted in the United States of America for governmental units. The
35
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
County has elected not to follow subsequent private-sector guidance of the Financial Accounting
Standards Board after November 30, 1989.
Proprietary fund operating revenues, such as charges for services, result from exchange transactions
associated with the principal activity of the fund. Exchange transactions are those in which each
party receives and gives up essentially equal values. Nonoperating revenues, such as subsidies and
investment earnings,result from nonexchange transactions or ancillary activities.
Governmental funds are reported using the current financial resources measurement focus and the
modified accrual basis of accounting. Under this method, revenues are recognized when measurable
and available. Property and sales taxes are accrued when their receipt occurs within sixty days after
the end of the accounting period, all other revenues, the majority of which are from the state and
federal government are accrued when their receipt occurs within one year after the end of the
accounting period so as to be both measurable and available. Expenditures are generally recorded
when a liability is incurred, as under accrual accounting. Debt service expenditures, as well as
expenditures related to compensated absences and claims and judgments are generally recorded when
payment is due. However, where resources have been provided during the current year for payment
of interest due early in the following year, the expenditure and related liability are accrued. General
capital assets acquisitions are reported as expenditures in governmental funds. Proceeds of general
long-term debt and capital leases are reported as other financing sources.
E. Noncurrent Governmental Assets/Liabilities
GASB Statement No. 34 eliminates the presentation of account groups, and instead incorporates the
information into the governmental activities column in the government-wide statement of net assets.
F. Cash and Cash Equivalents
For purposes of the accompanying statement of cash flows, the enterprise and internal service funds
consider all highly liquid investments with a maturity of three months or less when purchased, and
their equity in the County Treasurer's investment pool, to be cash equivalents. Also included is
restricted cash. The restricted cash has been restricted for repayment of debt or as reseryes.
G. Investments
Investment transactions are recorded on the trade date. Investments in non-participating interest-
earning investment contracts(certificates of deposit and guaranteed investment contracts)are stated at
cost, and all other investments are stated at fair value. Fair value is defined as the amount that the
County could reasonably expect to receive for an investment in a current sale between a willing buyer
and seller and is generally measured by quoted market prices.
Under GASB Statement No. 25, Financial Reporting for Defined Benefit Pension Plans and ,'Vote
Disclosures for Defined Contribution Plans, the Pension Trust Fund reports its investments at fair
value and includes both realized and unrealized gains and losses on investments in its statement of
changes in net assets. The fair values of equity and fixed income securities are derived from quoted
market prices. The fair values of private market investments are estimated from fair values provided
36
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
by real estate investment funds, generally using periodic independent appraisals, and alternative
investment managers. All investment purchases and sales are recorded on the trade date.
The public school districts, cemetery districts, pest control districts, recreation and park districts and
resource conservation districts within the County are required by legal provisions to maintain their
cash and investments with the County Treasurer. The County Treasurer maintains individually
directed investment accounts for these districts. The cash and investments held for these districts are
included in the Investment Trust Fund.
H. Inventories
Inventories are valued at cost, which approximates market. Governmental fund inventories are
maintained using the weighted average method. Proprietary fund inventories are maintained using
the first-in, first-out method. The costs of governmental fund inventories and proprietary fund
inventories are recorded as expenditures/expenses at the time individual items are consumed rather
than when purchased. Reported inventories of governmental funds are equally offset by a fund
balance reservation to indicate that a portion of the fund balance is not available for future
appropriation.
L Notes Receivable
The notes receivable balances in the General Fund consist of loans made with funds provided to the
County under the U.S. Department of Housing and Urban Development programs. The loans are
made to carry out activities for affordable housing and economic development. Generally, the loans
are either deferred or collected on a residual receipts basis with all remaining principal and interest
due on the earlier of the due date of the note or sale or transfer of property. Any repayment of
principal or interest is treated as program income,the use of which is restricted by federal regulations.
As such, these notes receivable are recorded with an offset to deferred revenue in the fund financial
statements because the amounts are unavailable.
J. Prepaid Pension Asset
On March 1, 1994, the CCCERA received a payment of$333,724,040 from the County as proceeds
from the issuance of pension obligation bonds. The proceeds were used to reduce the County's
Unfunded Actuarial Accrued Liability(URAL)at that time.
K. Capital Assets
Capital assets(including infrastructure)are recorded at historical cost or at estimated historical cost if
actual historical cost is not available. Contributed fixed assets are valued at their estimated fair
market value on the date contributed. Capital assets include public domain(infrastructure)consisting
of certain improvements including roads, bridges, water/sewer, lighting system, drainage systems,
and flood control. The capitalization threshold for infrastructure is $25,000. The capitalization
threshold for permanent structures is $5,000. The capitalization threshold for equipment and vehicles
was increased from $3,000 to $5,000 effective July 1, 2001. Capital assets used in operations are
depreciated or amortized(assets under capital leases)using the straight-line method over the lesser of
37
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
the capital lease period or their estimated useful lives in the activities within the government-wide
financial statements,proprietary funds and the pension trust fund.
The estimated useful lives are as follows;
Infrastructure 25-50 years
Buildings 25-40 years
Improvements 10-20 years
Equipment and vehicles 3-20 years
Maintenance and repairs are charged to operations when incurred. Betterments and major
improvements, which significantly increase values, change capacities or extend useful lives, are
capitalized. Upon sale or retirement of fixed assets,the cost and related accumulated depreciation are
removed from the respective accounts and any resulting gain or loss is included in the results of
operations.
Interest is capitalized on construction in progress in the proprietary funds in accordance with
Statement of Financial Accounting Standards No. 62, Capitalization of Interest Cost in Situations
Involving Certain Tax Exempt Borrowings and Certain Gifts and Grants. Accordingly, interest
capitalized is the total interest cost from the date of the borrowing net of any allowable interest
carried on temporary investments of the proceeds of those borrowings until the specified asset is
ready for its intended use.
L. Bond and Certificate of Participation Discounts, Issuance Costs and Deferred Amounts on
Refundings
In governmental fund financial statements, bond and certificate of participation discounts, issuance
costs and deferred amounts on refundings are recognized in the period incurred. In the government-
wide and proprietary fund financial statements, these charges are deferred and amortized over the
term of the issuance using the straight-line method,which approximates the effective interest method.
M. Property Tax Levy,Collection and Maximum Rates
The County is responsible for assessing, collecting and apportioning property taxes. Taxes are levied
for each fiscal year on taxable real and personal property situated in the County. The levy is based on
the assessed values as of the preceding January 1st,which is also the lien date. State code requires tax
rates to be set no later than the first workday in September unless the Board of Supervisors elects to
extend the deadline to October P. Property taxes on the secured roll are due in two installments:
November I' and February 1St and become delinquent after December 166 and April 10`h,
respectively. Supplemental property taxes are levied based on changes in assessed values between
the date of real property sales or construction completion and the preceding assessment date. The
additional supplemental property taxes are prorated from the first day of the month following the date
of such occurrence. Property taxes on the unsecured roll are due on the lien date (January 1St), and
become delinquent if unpaid by August 31st.
38
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Supplementary taxes that have been collected but unapportioned at year-end and unsecured taxes
collected in advance are reported in unapportioned taxes in the Unapportioned Taxes Agency Fund.
Secured property taxes are recorded as revenue in the fiscal year of the levy. The County apportions
_ secured property tax revenue in accordance with the alternate method of distribution prescribed by
Section 4701 (et al) of the State Revenue and Taxation Code (The Teeter Plan). This alternate
method provides for crediting each applicable fund with its total secured taxes upon completion of the
_. secured tax roll, approximately October I st of each year.
Under the alternate apportionment method, specified amounts of penalties and interest collected on
delinquent secured taxes are held in the Tax Losses Reserve Agency Fund (TLRF). This reserve is
used to offset the impact of accumulated delinquency remaining at year-end. The County's
management believes that any ownership rights to the TLRF the County may have,are effective only
upon transfer or to the extent of losses related to the sale of tax defaulted property. The County has
the authority to transfer any amounts in the fund that exceed a legally defined threshold, which when
calculated was $5,138,000 at June 30, 2002. The year-end balance in the TLRF was $27,095,000.
Amounts in the TLRF are considered to be held in a custodial capacity for the participants in the
County's Teeter Plan.
N. Interfund Transactions
Interfund transactions are reflected as either loans, services provided, reimbursements or transfers.
Loans are reported as receivables and payables as appropriate, are subject to elimination upon
consolidation and 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 noncurrent portion of interfund loans).
Any residual balances outstanding between the governmental activities and the business-type
activities are reported in the government-wide financial statements as "internal balances". Advances
between funds, as reported in the fund financial statements, are offset by a fund balance reserve
account in applicable governmental funds to indicate that they are not available for appropriation and
are not available financial resources.
Services provided, deemed to be at market or near market rates, are treated as revenues and
expenditures/expenses. Reimbursements are when one fund incurs a cost, charges the appropriate
benefiting fund and reduces its related cost as a reimbursement. All other interfund transactions are
treated as transfers. Transfers between governmental or proprietary funds are netted as part of the
reconciliation to the government-wide presentation.
0. Vacation and Sick Leave
Under terms of union contracts, County employees are granted vacation and sick leave in varying
amounts. In the event of termination, an employee is reimbursed for accumulated vacation hours.
Employees are not reimbursed for accumulated sick leave except management employees who are
eligible for a payoff of unused sick leave accruals at resignation. Management employees must have
a balance of at least 70.0 percent of their sick leave accruals and have been employed three years or
more to be eligible for this benefit. The maximum amount payable under this Sick Leave Incentive
Plan is 50.0 percent of accrued sick leave,however, the amount of sick leave payable is considered de
39
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
Julie 30,2002
minimis. Accordingly, no accrual for sick leave has been made in the accompanying basic financial
statements.
Accrued vacation at June 30,2002, is valued at$42,060,040,which includes$34,761,400 attributable
to the General and Special Revenue Funds, $7,031,044 recorded in Enterprise Funds and $268,404
recorded in the Pension Trust Fund. Amounts attributable to the General and Special Revenue Funds
are expected to be claimed in future periods and paid with future resources. Accordingly, this
liability is reflected in the government-wide statement of net assets. In the proprietary funds and the
Pension Trust Fund, accumulated vacation is recorded as an expense and liability as the benefits
accrue to employees. In compliance with GASB Statement No. 16, Accounting for Compensated
Absences, the amounts reported include estimated employer liability for taxes and workers,
compensation premiums.
P. Estimates
The preparation of basic financial statements in conformity with accounting principles generally
accepted in the United States of America requires management to make estimates and assumptions
that affect certain reported amounts and disclosures. Accordingly, actual results could differ from
those estimates.
2. FUND EQUITY
A. Restatement of Fund Equity/Net Assets
Fund Reclassifications
Agency Funds—During the current year,the County evaluated its agency funds and moved funds that
did not meet the definition of an agency fund under GASB Statement No. 34 to the General Fund,
nonmajor governmental funds, nonmajor enterprise funds and private-purpose trust fund. Previously
the County had included the following activities in agency funds: road improvement fee receipts,
receipts from the U.S. Department of Housing and Urban Development and receipts from benefit
districts.
Expendable frust Funds— GASB Statement No. 34 eliminated the use of expendable trust funds to
account for assets held by the County in a trustee capacity for other governmental units. Assets held
on behalf of the City of Oakley Redevelopment Agency in connection with the Jurisdictional
Transfers Agreement have been retroactively reclassified to a private-purpose trust fund.
Employee Medical Insurance Internal Service Fund— The County evaluated the Employee Medical
Insurance Internal Service Fund and determined that it was no longer going to charge other
departments on a cost-reimbursement basis for the administration activities related to its health plan,
supplemental life insurance, and state disability insurance and its employees' video display terminal
benefits. As a result, the functions related to these activities were reclassified from the Internal
Service Fund to the General Fund at the beginning of the year. The remaining functions were
terminated during the year.
kk�
40
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Other Adjustments
Public Financing Authority - The County made an adjustment in the amount of$3,355,000 to the
Public Financing Authority's fund balance to adjust for amounts that should have been paid by the
Public Facilities Corporation. The County made an adjustment in the amount of $662,000 to the
Public Financing Authority's fund balance to adjust for the lease revenue bond cost of issuance to the
County Hospital Enterprise Fund.
Interjund Advances- The County made an adjustment to the Flood Control nonmajor special revenue
fund to adjust a prior year's advance in the amount of$600,000 to reflect receipts on an advance
made in a prior fiscal year. In addition, the County made an adjustment of$6,801,000 to nonmajor
governmental funds to record previous year's interfund advances within the Flood Control Funds.
Enterprise Fund Capital Assets - During the year, the County performed a detailed analysis of the
enterprise funds' capital assets and initiated cost adjustments to record the proper book value of its
capital assets.
Housing Authority Enterprise Fund Adjustments - During the year, the Housing Authority wrote off
prior year construction in progress costs totaling $691,000 that were originally associated with the
Low Rent Aided Housing Program but did not directly enhance its value. The Housing Authority
_. also adjusted beginning deferred revenue balance related to its Community Development Block Grant
and Rental Rehabilitation programs ($621,000), recorded a notes payable ($185,000), and adjusted
beginning net assets related to the capital grant program($125,000).
Other Miscellaneous Adjustments - The County made miscellaneous adjustments to the nonmajor
governmental funds to adjust prior year's activity for the Child Development Program ($122,000),
revenue accrual adjustments in the Pension Obligation Bond Fund($37,000), the Assessment District
Debt Service Fund ($10,000), and the Assessment District Capital Projects Fund ($19,000). The
County also made adjustments to the Redevelopment Agency in the amount of $974,000 in the
Special Revenue Funds and$122,000 in the Capital Projects Funds for land held for resale.
Pension Trust Fund Adjustments
Paulson Lawsuit ,Settlement — The Pension Trust Fund's beginning net assets were reduced by
$27,600,000 as a result of the Paulson Lawsuit settlement(see Note 16).
City of Pittsburg—The beginning net assets were decreased by$810,000 for an amount still owed to
_ CaIPERS for membership withdrawal plus the remaining contract balance owed by the City of
Pittsburg for prior service, as well as the reduction of the designations for facilities/system
enhancements and capital outlay that were used by CCCERA during the initial phase of the office
expansion project in 2000.
41
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Summary
The impact of the restatements on the fund balances/net assets as previously reported is presented below:
Nonmajor Health Nonmajor
General Governmental County Maintenance Enterprise
Fund Funds Hospital Organization Funds
Fund balances/net assets, Jule 30,2001,
as previously reported $ 144,607 257,017 23,566 5,286 51,825
Restatements:
Fund reclassifications:
Agency Funds 6,530 40,274 50
Expendable Tnist Funds
Employee Medical Insurance
Internal Service Fund 755
Other adjustments:
Public Financing Authority 4,017
Interfiind Advance (6,201)
Capital Amts 1,854 73 929
Housing Authority (1,622)
Miscellaneous 1,00
Pension Trust Fund adjustments:
Paulson Lawsuit Settlement
City of Pittsburg
Total restatements 7,285 39,130 1,854 73 (643)
Ful balances/net assets,June 30,2001,
as restated $ 151,892 296,147 25,420 5,359 51,182
42
COUNTY OF CONTRA.COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Internal Pension Expendable Private-
Service Trust Trust Purpose
Funds Fund Funds Trust Fund
2,497 2,931,262 6,962
_. 2,885
(6,962) 6,962
(755)
_- (27,600)
J810)
(755) (28,410) (6,962) 9,847
1,742 2,902,852 9,847
43
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
B. Schedule of Beginning Net Assets for Governmental Activities on the Government-wide
Statement of Activities
The following is a reconciliation of beginning fund balances,as previously reported for governmental funds to
beginning net mets reported for govennnerrtal activities on the statement of activities.
Fund balances,beginning of the year,as previously reported $ 401,624
Change in accounting principles and prior period adjustments,
as noted 46,415
Internal service funds,as restated 8,574
Capital assets reported in the general fixed assets
account group at June 30,2001 $ 586,239
Record infrastructure assets 286,475
Record infrastructure assets-accumulated depreciation (58,638)
Record accumulated depredation for structures,
improvements and equipment (249,157)
Record construction in progress for roads and drainage 18,899
Correct entries made on equipment in prior years 654 584,472
Net pension asset 293,558
Interest payable at June 30,2001 (3,746)
Long-term obligations reported in the general long-term
debt account group at June 30,2001(Excludes Claims
Payable-Reported with Internal Service Funds) (585,095)
Revenue earned but not considered available
previous to July 1,2001 25,817
Net assets,beginning of year,as reported
in the statement of activities $ 771,619
C. Reserve for Prepaid Items and Deposits
Reserves are less than total prepaid items and deposits because the General Fund advanced $409,000
to subgrantees who will use the funds for federal programs during fiscal year 2002-2003. As funds
are spent,the federal government reimburses the County.
44
- COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
3. STEWARDSHIP,COMPLIANCE AND ACCOUNTABILITY
Deficit Net Assets
The Child Development Special Revenue Fund, which is reported as part of the nonmajor governmental
funds, had a fund balance deficit of$79,000 at June 30, 2002. The Child Development Program incurred
increased costs while the Program was being reorganized. The activities of the restructured program are
projected to restore the Fund's fund balance to a positive balance in fiscal year 2002-2003.
Three Internal Service Funds had net assets deficits at June 30, 2002. The Medical Liability Insurance
Fund had a deficit of$4,137,000. The County provided $4,000,000 in fiscal year 2002-2003 to reduce
the deficit and plans to further evaluate funding options. The Workers' Compensation Insurance Funds,
County General and Fire Protection, had deficits of$18,321;000 and$683,000,respectively. The County
is currently negotiating with labor representatives to strengthen cost containment for the workers'
compensation program and has increased rates to enhance revenues for fiscal years 2002-2003 and 2003-
2004 so as to reverse the negative trend in net assets.
The Sheriff Law Enforcement Training Center Enterprise Fund, which is reported as part of the nonmajor
enterprise funds, had a deficit of $675,000. The deficit is the result of one-time start-up costs. The
Sheriff-Coroner expects to recoup these costs from future training program tuition fees collected.
4. CASH AND INVESTMENTS
The cash balances of substantially all funds, except the Pension and Investment Trust Funds, are
maintained in the County's internal pool and invested by the County Treasurer. Income from pooled
investments is allocated to the funds based on average daily balances. As permitted by the Government
Code, legally separate entities that are not part of this reporting entity also have individual investment
accounts in the County Treasury. These accounts are separate from the pool and are reported in the
Investment Trust Fund. Specific investments are acquired for these individual entities at their direction
and the income from and changes in the value of those investments affect only the entity for which they
were acquired. The Retirement Board directs the investment activity of the Pension Trust Fund.
Cash and investments at June 30, 2002 (December 31, 2001, for the Pension Trust Fund and March 31,
2002, for the Housing Authority),are reported as follows(in thousands);
Deposits Investments Total
Primary Government $ 12,032 626,662 638,694
Children and Families First Commission 5,381 33,558 38,939
Pension Trust Fund 5,894 2,713,091 2,718,985
Investment Trust Fund 35,253 798,336 833,589
Private-Purpose Trust Fund 6,162 2,986 9,148
Agency Funds 129,591 129,591
Total $ 64,722 4,304,224 4,368,946
45
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
,Tune 30,2002
A. Deposits
Deposits include bank deposits at a carrying amount of$61,803,000. The balance reported by various
financial institutions was $75,846,000. The difference between the bank balance and the carrying
amount represents outstanding checks and deposits in transit. Of the bank balance, $1,358,000 was
covered by Federal depository insurance and$74,488,000 was collateralized by the pledging financial
institutions as required by Section 53652 of the California Government Code.
According to Government Code Section 53601, bank obligations such as Certificates of Deposit are
considered investments. However, in accordance with generally accepted accounting principles in the
United States of America, the County has classified Certificates of Deposit in the amount of
$2,919,000 as deposits. Of the Certificates of Deposit balance, $1,308,000 was insured and
$1,611,000 was collateralized by the pledging financial institutions as required by Section 53652 of
the California Government Code.
Under the California Government Code, a financial institution is required to secure deposits in excess
of$100,000 made by state or local governmental units by pledging securities held in the form of an
undivided collateral pool. The market value of the pledged securities in the collateral pool must equal
at least 110.0 percent of the total amount deposited by the public agencies. California law also allows
financial institutions to secure public agency deposits by pledging first trust deed mortgage notes
having a value of 150.0 percent of the secured public deposits. The collateral must be held at the
pledging bank's trust department or other bank, acting as the pledging bank's agent, in the public
agency's name.
B. Investments
Statutes authorize the County to invest in obligations of the United States Treasury, federal agencies,
municipalities, commercial paper rated A-1 by Standard & Poor's Corporation or P-1 by Moody's
Commercial Paper Record, bankers' acceptances, repurchase agreements, reverse repurchase
agreements, medium-term notes, negotiable certificates of deposit, mutual funds and investments in
accordance with the statutory provisions governing the issuance of bonds.
Pension Trust Fund investments are authorized by the County Employees' Retirement Law of 1937.
Statutes authorize a "prudent investor" guideline as to the form and types of investments, which may
be purchased.
The County's investments(including the Investment Trust Fund) and those of the Pension Trust Fund
are categorized separately on the following page to indicate the level of custodial credit risk assumed
by each investment portfolio for their respective year-ends. Category 1 includes investments that are
insured or registered, or securities held by the County or its agent in the County's name. Category 2
includes uninsured and unregistered investments with the securities held by the counterparty's trust
department or agent in the County's name or in the agent's nominee name with subsidiary records
listing the County as the legal owner. Category 3 includes uninsured and unregistered investments,
with the securities held by the counterparty or by its trust department or agent but not in the County's
46
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
name. Investments not evidenced by securities that exist in physical or book form cannot be
categorized.
The Local Investment Advisory Board (Board) has oversight responsibility for the State Treasurer's
Local Agency Investment Fund (LAIF). The Board consists of five members as designated by State
Statute. The value of the pool shares in LAIF, which may be withdrawn, is determined on an
amortized cost basis, which is different from the fair value of the County's position in the pool.
Information is not available on if the mutual funds in which the County has invested, had used, held
or wrote derivative products during the year ended June 30,2002.
Investments at fair value as of June 30, 2002 (December 31, 2001, for the Pension Trust Fund and
March 31, 2002,for the Housing Authority), are shown as follows(in thousands):
Category
ry
1 2 Total
County(Including Investment Trust
Fund)
Negotiable certificates of deposit $ 50,000 4,000 54,000
U.S. government securities 195,849 24,176 220,025
Commercial paper 142,527 19,349 161,876
Medium-term bonds 11,050 29,467 40,517
Local obligation bonds 2,144 2,144
Bankers'acceptances 10,343 10,343
Repurchase agreements 329,372 329,372
Total categorized investments $ 411,913 406,364 818,277
_ Uncategorilzed Investments:
State Treasurer's investment pool 547,504
Guaranteed investment contracts 110,252
Mutual funds 81,542
Total investments 1,557,575
Pension Trust Fund:
Domestic stocks $ 795,786 795,786
International stocks 44,413 44,413
Corporate&government bonds 588,847 588,847
International bonds 79,707 79,707
Repurchase agreements 13,734 13,734
Total categorized investments $ 1,508,753 13,734 11522,487
Uncategorized Investments:
Mutual funds 872,521
Real estate 267,431
_ Alternative investments 50,652
Total investments 2,713,091
Children and Families First
Commission
U.S.government securities 33,558 33,558
Total Investments $ 4,304,224
47
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
C. Other Financial Instruments
In accordance with California statutes, the County may invest in a wide variety of investment
instruments, including asset-backed securities, such as. collateralized mortgage obligations and
principal-only strips and forward contracts,
The Treasurer holds principal-only strip instruments for the benefit of some County school districts.
Those school districts utilize the services of an independent financial advisor in determining their
investment strategy.
The CCCERA has investments with trustees who hold part of their portfolio in government and
corporate obligations consisting of asset-backed securities, floating rate notes,constant maturity index
Adjustable Rate Mortgages (ARMs), Collateralized Mortgage Obligations and LIBOR indexed
ARMs.
As of June 30, 2002, the County's proportionate share of structured notes and asset-backed securities
held by LAW was$16,896,000 or 3.085 percent of the County's investment in LAIF.
Information is not available on if the various mutual funds in which the County and CCCERA have
invested, had used,held or wrote derivative financial products during the year.
The investments discussed above, which are included in the accompanying financial statements,
represent 10.0 percent of total investments. The Treasurer's investment policy was approved by the
Board of Supervisors. In accordance with Government Code Sections 27130-27137, an investment
oversight committee reviews the quarterly investment reports prepared by the Treasurer.
D. Securities Lending by the Employees' Retirement Association(Pension Trust Fund)
The CCCERA's investment policy permits the use of a securities lending program with its principal
custodian bank. The CCCERA tends domestic and international bonds and equities to various
brokers for collateral that will be returned for the same securities plus a fee in the future. The
custodian bank provides loss indemnification to the CCCERA if the borrower fails to return the
securities. The custodian bank manages the securities lending program and receives cash and
securities as collateral. The collateral cash cannot be invested and the collateral securities cannot be
pledged or sold by the CCCERA without borrower default. Securities on loan must be collateralized
at 102.0 percent and 105.0 percent of the fair value of domestic securities and non-domestic
securities, respectively. There are no restrictions on the amount of securities, which can be loaned at
one time. The term to maturity of the security loans is generally matched with the term to maturity of
the securities collateral. Such matching existed at December 31, 2001. There were no losses
associated with securities lending transactions during the year. At December 31, 2001,CCCERA has
no credit risk exposure to borrowers. The fair value of investments on loan at December 31, 2001, is
$115,197,000,which was collateralized by cash and securities in the amount of$117,874,000.
48
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
5. RECEIVABLES
Receivables at year-end of the County's major individual funds and nonmajor and internal service funds
in the aggregate, including the applicable allowances for uncollectible accounts are as follows (in
thousands):
Internal Total
Receivables- General Nonmajor Service Governmental
Governmental Activities Fund Funds Funds Activities
Taxes $ 9,489 1,479 10,968
_. Accounts 125,907 10,177 1,815 137,899
Advances 89 89
Grass Receivables 135,485 11,656 1,815 148,956
Less: Allowance for uncollectibles (4) (4)
Total Receivables(net) $ 135,481 11,656 1,815 148,952
Health Total
Receivables- Maintenance Nonmajor Business-type
Business-type Activities. Hospital Organization Funds Activities
Accounts S 178,565 901 3,172 182,638
Less: Allowance for uncollectibles (137,3221 (137,322)
_ Total Receivables(net) S 41,243 901 3,172 45,316
Governmental funds report deferred revenues in connection with receivables for revenues not considered
available to liquidate liabilities of the current period. Governmental and enterprise funds also defer
revenue recognition in connection with resources that have been received,but not yet earned.
49
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
Jane 30,2002
At June 30, 2002, the various components of deferred revenue and unearned revenue reported were as
follows(in thousands):
Unavailable Unearned
Governmental Activities:"
General Fund:
Notes receivable $ 29,246
Advances not yet earned
14,134
Other receivables and advances 835
Resources received that do not yet meet the criteria for
revenue recognition
3,589
Nonmajor Funds:
Notes receivable(Redevelopment Agency)
1,740
Notes receivable 5,539
Other advances 49
Resources that do not yet meet the criteria for
revenue recognition 1,937 17,723
Total Governmental Activities $ 38,462 36,330
Business-type Activities:
County Hospital Enterprise Fund:
Resources received that do not yet meet the criteria for
revenue recognition $ 29,352
Nonunjor Enterprise Funds:
Resources received that do not yet rreet the criteria for
revenue recognition 7,706
Total Business-type Activities $ 37,058
50
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL,STATEMENTS
June 30,2002
6. INTERFUND TRANSACTIONS
Interfund Receivables/Payables
The composition of interfund balances as of June 30, 2002, are as follows(in thousands):
Due TaTrom Other Funds:
Receivable Fund Payable Fund Amount
Geral Fund Nonmajor Governmental Funds $ 30,633
County Hospital Enterprise 15,737
Health Maintenance Organization Enterprise 200
Nonrnajor Enterprise Funds 1,171
Internal Service Funds 995
Agency Funds 16,465
Investment Trust Fund 1,107
Private-Purpose Trust Fund 3
66,311
Nonnrajor Governmental Funds General Fund 7,981
Nonmajor Governmental Funds 2'083
County Hospital Enterprise 531
Health Maintenance Organization Enterprise 24
Nonmajor Enterprise Funds 7
Internal Service Funds 116
Agency Funds 970
Investment Trust Fund 363
12,075
County Hospital Enterprise General Fund 4,807
Nonrrxa or Governmental Funds 659
Health Maintenance Organization Enterprise 5,410
Nonrrrajor Enterprise Funds 116
Internal Service Funds 122
Agcy Funds 17
11,131
Health Maintenance Organization Enterprise General Fund 39
Nonmajor Governrrrental Funds I
County Hospital Enterprise 3,735
Nonmajor Enterprise Funds 4
Internal Service Funds 5
Agency Funds 32
_. 3,816
Nomnajor Enterprise Funds General Fund I
Nonmajor Enterprise Funds 94
Agency Funds 2
97
Internal Service Funds General Fund 1,267
Nonmajor Governmental Funds 553
1,820
51
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Investment Trust Fund General Fund $ 6
Nonmajor Govenunental Funds 37
Agcy Funk 1,296
1,339
Private-Purpose Trust Fund General Fund 3
Agency Funds 2
5
Agency Funds Agency Funds 6,559
General Fund 2.234
Nonmajor Governmental Funds 509
County Hospital Enterprise 379
Health Maintenance Organization Enterprise 56
Nonmajor Enterprise Funds 1
Internal Service Funds 37
Investment Trust Fund 22
J797
Pension Trust Fund* General Fund
1,884 _..
1,884
Subtotal 108,275
*Adjustment to General Fund needed due to Pension Trust Fund
being reported as of December 31,2001 260
Total S 108,535
Advances To/From Other Funds
Receivable Fund Payable Fund Amount
General Fund Nonmajor Governmental Funds $ 138
Nonmajor Governmental Funds Nonmajor Governmental Funds 4,883
Total 5,021
The interfund balances resulted 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,
(3) payments between funds are made and (4) interfund loans. Interfund balances in the agency funds
result from interfund borrowings.
52
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Transfers
Transfers are indicative of funding for capital projects, lease payments or debt service, subsidies of various
County operations and re-allocations of special revenues. The following schedule briefly summarizes the
County's transfer activity(in thousands):
A. Between Governmental and Business-type Activities:
Transfer From Transfer To Amount Purpose
General Fund County Hospital Enterprise $ 31,401 Provide subsidy to cover portion of
Hospital's operation.
General Fund Health Maintenance 4,811 Provide subsidy to cover portion of HMO's
Organization Enterprise operation.
General Fund Internal Service Funds 3,000 Transfer funds from the General Fund to
the Medical Liability Internal Service Fund.
County Hospital Enterprise* General Fund 22,383 Transfer funds to reimburse the General
Fund for intergovernmental transfer (IGT)
payments, including a $702,000 prior year
expenditure accrual.
County Hospital Enterprise Nonmajor Governmental 6,042 Transfer a portion of the Salaries and
Fund Benefits Expense to Pension Obligation
Bond.
Health Maintenance Nonmajor Governmental 240 Transfer a portion of the Salaries and
Organization Enterprise Fund Benefits Expense to Pension Obligation
Bond.
County Hospital Enterprise Nonmajor Governmental 443 Transfer of funds to cover the County
Fund Hospital and Health Maintenance
Organization's pro rata share of certain
project lease payments.
Health Maintenance Nonmajor Governmental 196 Transfer of funds to cover the County
Organization Enterprise Fund Hospital and Health Maintenance
Organization's pro rata share of certain
project lease payments.
Nonmajor Governmental County Hospital Enterprise 1,225 Transfer interest earnings from the PFA to
Funds subsidize the Los Medanos project.
Nonmajor Enterprise Nonmajor Governmental 70 Transfer a portion of the Salaries and
Funds Funds Benefits Expense to Pension Obligation
_. Fund.
$ 69,811
* The County's required transfer payment to the State Disproportionate Share and Emergency Services Fund was
$24,064,000 and was recorded in the General Fund as a health expenditure. The revenue is recorded in the Hospital
Enterprise Fund as patient service revenue. Reimbursement to the General Fund is recorded as an operating transfer
from the Hospital to the General Fund.
53
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30.2002
B. Between Funds within the Government or Business-type Activitiest'�:
Transfer From Transfer To Amount Purpose
General Fund Nonmajor Governmental $ 1,300 Transfer funds to library to pay operating
Funds expenses.
Nonmajor Governmental 34 Provide a one-time appropriation to the Library
Funds from District IV.
Nonmajor Governmental 324 Transfer property tax.
Funds
Nonmajor Governmental 500 Transfer greater than expected state mandated
Funds cost reimbursements for automated systems
development.
Nonmajor Governmental l I Transfer funds to pay for capital outlay.
Funds
Nonmajor Governmental 60 Provide an annual subsidy to cover operating
Funds expenses of the Automated Wan-ant ID program.
Nonmajor Governmental 24,352 Transfer a portion of the Salaries and Benefits
Funds Expenses to Pension Obligation Bond.
Nonmajor Governmental 143 Transfer funds for Sheriffs Patrol usage of
Funds helicopter and communication services.
Nonmajor Governmental 10,406 Transfer of funds to cover the General Fund's
Funds pro rata share of certain project costs.
Nonmajor Governmental General Fund 1,000 Transfer funds to pay for capital outlay.
Funds
General Fund 125 Transfer funds for mental health services
performed.
General Fund 60 To transfer contract housing fees from Land
Development to Housing Rehab.
Nonmajor Governmental 101 Transfer National Pollutant Discharge
Funds Elimination funds to the Road Fund.
Nonmajor Governmental 60 Transfer funds from permanent fund to Library.
Funds
Nonmajor Governmental 206 Transfer funds to pay for capital outlay.
Funds
Nonmgjor Governmental 3,032 Transfer funds to cover debt service payments.
Funds
to
These transfers were eliminated in the consolidation,by column,for the Governmental and Business-type activities.
54
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2032
Transfer From Transfer To Amount Purpose
Nonmajor Governmental Nonmajor Governmental 1,122 Transfer a portion of the Salaries and Benefits
Funds Funds Expense to Pension Obligation Bond.
Nonmajor Governmental 15 Transfer available funds from a Service Area
Funds Special Revenue Fund to the Assessment
District Special Revenue Fund.
Total $ 42,856
The County pays a subsidy to the County Hospital and Health Maintenance Organization Enterprise Funds to
provide resources for operating costs which are in excess of operating revenues. Subsidies for the past three
years are as follows(in thousands):
Year Ended June 30, Total Subsidy
2000 $ 17,856
2001 29,963
2002 36,212
Certain health and welfare realignment revenues,previously recorded in the General Fund and transferred via
subsidy to the Hospital and the Health Maintenance Organization,are now recorded directly to those funds as
intergovernmental revenue. In fiscal year 2001-2002,these intergovernmental revenues were$18,879,000 for
the Hospital and$2,757,000 for the Health Maintenance Organization.
55
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
7. CAPITAL ASSETS
Capital asset activity for the year ended June 30, 2002 (March 31, 2002, for the Housing Authority), was
as follows(in thousands):
Balance
July 1,2001 Transfers& Balance
(as restated) Additions Retirements Adjustments June 30,2002
Govermnental Activities:
Capital assets, not being depreciated:
Land and easements $ 59,997 117 (6) 60,108
Construction in progress 22,810 3D,692 53,502
Total capital assets,not being
depreciated 82,807 30,809 (6) 113,610
Capital assets, being depreciated.
Infiastructure 286,475 17,619 304,094
Structures and improvements 420,496 25,327 (84) 445,739
Equipment* 102,489 14,922 14 696 102,715
Total capital assets,being
depreciated 809,460 57,868 I4,780 852,548
Less accumulated depreciation for:
lnfrastructilre (58,638) (6,235) (64,873)
Structures and improvements (187,952) (19,097) 82 (206,967)
Equ
pt* (61,205) (10,082) 10,951 (60,336)
Total accumulated depreciation (307,795) 35 414 1110-33 (332,176)
Total capital assets,being
depreciated,net 501,665 22,454 (3,747) 520,372
Governmental activities capital
assets,net $ 584,472 53,263 3,753 633,982
�—
56
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2042
Balance
July 1,2001 Transfers& Balance
as restatedl Additions Retirements Adjustments June 30,2002
Business-type Activities:
Capital assets, not being depreciates:
Land $ 10,464 10,464
Construction in progress 25,051 141267 (2,779) 36,539
Total capital assets,not being
depreciated 35,515 14,267 {2,779) 47,003
Capital assets, being depreciated.
Structures and improvements 226,882 389 2,000 229,271
_. Equipment* 37,300 _ 1,491 (8,981) 779 30,589
Total capital assets,being
depreciated 264,182 118-8-01 (8,981) 2,779 259,860
Less accumulated depreciation for:
Structures and improvements (90,076) (8,631) (98,707)
Equipment* (18,505} (2,752) 41635 (16,622)
Total accumulated depreciation (108,581) 11,383 4,635 (115,329)
Total capital assets,being
depreciated,net 155,601 _ (9,503) X4,346) 2,779 144,531
Business-type activities capital
assets,net $ 191,116 4,764 (4,346) 191,534
-- -,---,� =mom
* As indicated in Note 1.K, the County increased the capitalization threshold for equipment from $3,040 to
$5,000. Consequently,the equipment costing less than$5,000 was removed from the accounts. The book
value of the equipment removed from the general fixed assets was $1,430,004. The book value of the
equipment removed from the County Hospital Enterprise Fund was $644,000, the Health Maintenance
Organization Enterprise Fund was$6,000 and nonmajor enterprise funds were $5,000.
At July 1, 2001 the County made the following restatements to capital assets(in thousands):
Business-We activities crtpital assets as reported in the prior year: $ 185,993
Reclassify costs identified in the structures and improvements to construction
in progress 431
Record cost adjustments for structures and improvements and equipment 1,042
Record adjustments to accumulated depreciation for structures and improvements
and equipment 3,650
Business-type activities capital assets as restated-July 1,2001 $ 191,116
The Pension Trust Fund had net capital assets of$574,000. This consisted of leasehold improvements
and office equipment.
57
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Depreciation
Depreciation expense was charged to governmental functions as follows(in thousands):
General government $ 20,767
Public protection 8,714
Health and sanitation 229
Public assistance 689
Education 369
Public ways and facilities 4,428
Recreation and culture
218
Total depreciation expense-governmental functions $ 35,414
Depreciation expense was charged to the business-type functions as follows(in thousands):
County Hospital $ 6,530
Health Maintenance Organization 14
Nonmajor enterprise funds 4,839
Total depreciation expense-business-type functions $ 11,383
8. SHORT-TERM NOTES PAYABLE
On June 30, 2002, the County had tax and revenue anticipation notes outstanding in the amount of
$70,000,000 with interest at 3.0 percent per annum. The notes were issued September 6, 2001, and will
be redeemed October 4,2002. Interest is payable on September 5, 2002,and at maturity. The redemption
monies were from taxes and other revenues transferred to a Oscal agent during the fiscal year. Total
interest incurred on these notes during fiscal year 2001-2002 was $1,717,000. These notes were issued to
finance seasonal cash flow requirements for fiscal year ended June 30, 2002.
As of July 1, 2001, the County had tax and revenue anticipation notes outstanding in the amount of
$55,000,000. This amount was repaid on October 1,2001.
58
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
9. PAYABLES
Accounts payable and accrued liabilities at year-end were as follows(in thousands):
Total
General Nonmajor Governmental
Governmental Activities: Fund Funds Activities
Accounts $ 17,621 6,297 23,918
Accrued payroll 38,646 6,253 _ 44,899
Total Accounts payable and
accrued liabilities $ 56,267 12,550 68,817
Health Total
Maintenance Nonmajor Business-type
Business-type Activities: Hospital _Organization Funds Activities
Accounts $ 14,702 14,810 2,324 31,836
Accrued payroll 11,094 496 117 11,707
Total Accounts payable and
accrued liabilities $ 25,796 15,306 2,441 43,543
59
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
10. LEASES
A. Operating Leases ........
Total rental expense for the year ended June 30, 2002 (March 31, 2002, for the Housing Authority),
for all operating leases and month-to-month lease arrangements amounted to $9,192,000 for the
General Fund, $294,000 for the nonmajor governmental funds, $2,563,000 for the Hospital Enterprise
Fund, $35,000 for the HMO Enterprise Fund, $134,000 for nonmajor enterprise funds and $258,000
for the Pension Trust Fund.
At June 30, 2002 (March 31, 2002, for the Housing Authority), the future minimum rental payments
required under non-cancelable operating leases for buildings and equipment, other than month-to-
month lease arrangements, are as follows(in thousands):
Governmental Activities Business-type Activates
Nonmajor Hospital Nonmajor
Fiscal Year General Governmental Enterprise Enterprise
Ending June 30, Fund Funds Fund Funds* Total
2003 $ 5,878 61 173 4 6,116
2004 5,172 15 111 4 5,302
2005 3,899 4 100 4 4,007
2006 3,094 5 100 3,199
2007 2,365 5 100 2,470
2008-2012 9,835 16 500 10,351
2013-2017 2,555 500 3,055
$ 32,798 106 1,584 12 34,500
*Includes only Housing Authority amounts.
B. Capital Leases
The County has capital lease purchase agreements for various County buildings and improvements
and equipment. The assets acquired under these lease purchase agreements are included in the
County's capital assets. The costs of these assets were $16,858,000 for buildings and improvements
and $8,413,000 for equipment. The obligations related to these lease purchase agreements are also
included in the County's long-term obligations,Note 11.
New capital lease obligations for the fiscal year ended June 30, 2002 were $9,907,000. Of this
amount, $7,415,000 was used to obtain various assets during the fiscal year. Remaining unspent
proceeds will be used in subsequent years.
60
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
11. LONG-TERM OBLIGATIONS
The fallowing is a summary of long-term liabilities transactions for the year ended June 30, 2002, (in
thousands):
- Balance Balance Amounts
July 1, June 30, Due Within
2001 Additions Retirements 2002 One Year
Govemniental activities
- Compensated absences $ 31,160 3,601 34,761 3,476
Claim payable 71,438 57,912 (41,922) 87,428 17,817
Capital lease obligations 8,988 9,907 (2,657) 16,238 3,211
Certificates of participation 61,465 (2,800) 58,665 2,740
Pension bonds payable 297,340 (15,915) 281,425 16,915
Notes payable 6 (6)
- - Other bonds payable 8,505 (450) 8,055 915
Lease revenue bands 102,245 12,650 (3,475) 111,420 3,855
Tax allocation bonds 55,360 (835) 54,525 945
-
Special assessmed debt 20,276 (1,,6 7j 18,589 1,367
Total govemniental activities
- _ -
long-term obligations $ 656,783 84,070 J69.M 671,106 51,241
Business-type activities
- Compensated absences $ 6,522 509 7,031 703
Medical liability claims payable 8,583 (172) (784) 7,627 1,262
Capital lease obligations 2,748 (602) 2,146 600
Certificates of participation 135,940 (3,390) 132,550 3,570
Notes payable 1,044 (60) 984 65
Lease revenue bonds 32,010 (259 31,760 710
Total business-type activities
-long-term obligations-grass 186,847 337 (5,086) 182,098 6,910
._ Capitalized prenvutm,discounts and
deferred amounts on refundings1( 5,012) 734114,278)8 _ 703)3
Total busies type activities
_. -long-term obligations-net $ 171,835 337 4,352) 167,820 6,207
61
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Individual issues of bonds, notes and certificates of participation outstanding at June 30, 2402 are as
follows(in thousands):
Annual Original Outstanding
Interest Principal Issue at June 30,
Type of indebtedness(purpose) Rates Installrnerits Amount 2002
Governmental activities
Pension obligation bonds(4): 2014 5.55-6.80% $ 15,915-33,280 $ 313,640 $ 281,425
Certificates of participation{1):
1992 Consolidated capital projects 2019 5.50-9.50 1,555-1,625 37,300 25,870
1997 Capital projects 2021 3.55-5.10 655-2,610 34,910 32,795
58,665
Lease revenue bonds(1):
1998 Lease revenue 2025 3.80-5.15 525-1,745 24,695 23,385
1999 Lease revenue 2028 4.00.5.25 1,095-3,350 66,560 58,120
2001A Lease revenue 2026 3.15-4.15 335-900 13,905 13,570
2001B Lease revenue 2017 4.25-5.20 80-250 3,695 3,695
2002 Lease revenue 2027 2.75-5.00 155-760 12,650 12,650
111,420
Tax allocation bonds(3):
1992 Tax allocation band 2024 5.25-7.00 155-645 29,315 7,425
1995A Tax allocation bond 2026 3.90-7.00 25-115 1,645 1,505
1995B Tax allocation bond 2026 4.25-6.90 45-200 2,735 2,525
1999 Tax allocation bond 2029 4.00-5.125 475-3,250 44,615 43,070
54,525
Special assessment debt with
government coffmitnvrit(5):
Kensington 91-1 2013 5.25-6.00 150-300 4,684 2,380
Pleasant Hill 87-1 2005 6.80-7.30 620-770 8,785 2,155
Pleasant Hill BART 93-5 2015 5.44--6.93 55-140 1,530 1,195
San Ramon 89-1 2005 7.55-7.85 75-90 980 265
Wayside Plaza 91-2 2007 7.00.7.20 135-190 2,010 770
Pleasant 1+11 BART CFD 92-1 2016 8.00 7-14 171 144
Pleasant Hili BART CFD 98-1 2017 4.20-5.10 135-3,075 4,785 4,475
Norris Canyon 2001-1 2032 4.10-6.10 110-495 7,220 7,205
18,589
Other bonds payable(2):
Recreation and park 2005 4.25-5.10 445-510 4,485 1,465
Storm drainage 2005 4.25 5 200 15
CCC PFA revenue bonds 2001 2017 4.00-5.69 360-570 6,575 6,575
8,055
Total Govenunental activities $ 532,679
62
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Annual Original Outstanding
Interest Principal Issue at June 30,
Type ofindebtedness(purpose) Maturity Rates InstailmenLs Amount 2002
&usiss-type activities,
Notes payable(6):
State Deist.of Transportation 2011 6.06% 33-53 $ 558 $ 393
State Dept.of Transportation 2016 5.08 13-25 300 251
State Dept.of Transportation 2010 5.48 13-23 200 155
_ Promissory Note 2059 7.52 185 185
984
Lease revenue bonds(1):
_ Hospital Enterprise
_. 1999 Los Medanos 2028 3.00-5.25 150-505 8,125 7,655
2001A Los Medanos 2026 3.15-4.15 10-265 4,125 4,025
2001B CC Regional Medical Center 2027 4.25-5.20 445-1,365 20,080 20,080
31,760
_
Certificates of participation,net(1):
1997 Certificates ofparticipaton 2023 3.75-6.00 3,390-10,185 145,340 132,550
Total lusin+ess-type activities $ 165,294
NOTES:
(1) Debt service payments are made from lease payments by the County General, Special Revenue
and Hospital Enterprise Funds to the PFC and the PFA.
(2) Debt service payments are made from restricted property taxes and other revenues recorded in the
General and Debt Service Funds.
(3) Debt service payments are made from tax increment financing.
(4) Debt service payments are made from all County revenues.
(5) Debt service payments are made from special assessments levies on properties in each assessment
district. The County administers the assessment and repayment of these bonds. Since early
redemption is allowed, there may be differences between the earnings on money received from
property owners wishing to pay off their debt early and the interest obligation that accumulates on
their debt between the time they submit funds to the County and the next available redemption
date, as stated in the bonds' official statements. The County has historically funded this
difference and to that extent may be obligated in some manner for this debt.
(6) Debt service payments are made from operating revenues.
There are a number of limitations and restrictions contained in the various bond indentures. County
management believes that the County is in compliance with all significant limitations and restrictions.
63
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Following is a schedule of debt payment requirements to maturity for governmental activities for long-
term obligations, excluding compensated absences and claims payable that have indefinite maturities,
outstanding at June 30, 2002 (in thousands):
Fiscal Year
Ending Capital Lease Obligations Certificates of Participation Pension Bores Paay We _...._.
June 30, Principal Interest Principal Interest Principal Interest
2003 $ 3,211 790 2,740 3,080 16,915 18,351
2004 2,290 646 2,890 2,943 18,000 17,269
2005 1,575 540 3,040 2,797 14,485 16,099
2006 1,037 473 3,215 2,643 17,730 15,150
2007 1,072 415 3,390 2,479 21,295 13,971
2008-2012 4,859 1,178 14,685 9,852 128,400 46,375
2013-2017 1,342 403 15,900 6,081 64,600 6,118
2018-2022 852 77 12,805 1,569_
Total $ 16,238 4,522 58,665 31,444 281,425 133,333
Fiscal Year
Emling Other Bonds Payable Lease Revenue Bonds
June 30, Principal Interest Principal Interest
2003 $ 915 372 3,855 5,230
2004 1,010 329 4,180 5,078
2005 1,015 282 4,350 4,915
2006 530 247 4,515 4,744
2007 570 222 4,705 4,564
2008-2012 1,905 820 22,325 19,888
2013-2017 2,110 297 24,700 14,237
2018-2022 19,920 8,728
2023-2027 21,005 3,260
2028-2032 1"865 93
Total $ 8,055 2,569 111,420 70,737
Fiscal Year
Ending Tax Allocation Bonds Special Assessment Bonds
June 30, Principal Interest
opal Interest
.»
2003 $ 945 2,964 1,367 1,082
7004 995 2,917 1,568 984
2005 1,040 2,868 1,648 877
2006 1,075 2,815 793 797
2007 1,135 2,760 824 748
2008-2012 6,650 12,805 2,562 3,215
2013-2017 8,720 10,679 4,752 2,492
2018-2022 11,520 7,801 1,225 1,357
2023-2027 15,170 4,041 1,650 929
2028-2032 7,275 388 2,_200 351
Total $ 54,525 50,038 18,589 12,832
64
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
As of June 30, 2002, annual debt service requirements of business-type activities to maturity except for
medical liability claims payable are as follows(in thousands):
_. Fiscal Year Hospital
Ending Capital Lease Oblipfions, Certificate ofParti cipation Notes Payable
June 30, Principal hiterest Principal interest Principal Interest
2003 $ 600 123 3,570 7,097 65 58
2004 730 89 3,730 6,119 69 55
2005 816 47 3,925 6,718 75 50
2006 4,130 6,506 79 46
2007 4,350 6,268 84 41
2008-2012 25,715 28,129 363 139
2013-2017 33,435 19,403 64 76
2018-2022 43,510 9,033 70
2023-2027 10,185 280 70
2028-2032 70
2033-2037 70
_ 2038-2042 70
2043-2047 70
2048-2052 70
. 2053-2057 70
2058-2060 �. ._.-� 185 26
Total $ 2,146 259 132,550 90,353 _984
Fiscal Year
Ending Lease Revenue Bonds
_. June 30, Principal interest
2003 $ 710 1,543
2004 730 1,514
2005 760 1,484
2006 795 1,453
2007 825 1,420
2008-2012 4,680 6,546
2013-2017 5,890 5,337
2018-2022 7,510 3,716
2023-2027 9,355 1,592
2028 505 25
Total $ 31,760 24,630
Issuance of New Debt
_ Public Financing Authority
In June 2002, the County of Contra Costa Public Financing Authority issued $12,650,000 in lease
revenue bonds (2002 Series A), with interest rates ranging from 2.75 to 5.00 percent. The costs of
_ issuance amounted to $1412,000. The proceeds will be used to finance various capital projects of Contra
Costa County, purchase a reserve fund surety bond, and pay costs of issuance relating to the 2002 Series
A bonds.
65
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
Defeased Obligations
In prior years, the County has defeased certain obligations by placing a portion of the proceeds of new
debt issuances in irrevocable trusts to provide for all future debt service payments on the refunded
obligations. Accordingly, the trust account assets and the liability of the defeased debt are not included
on the financial statements of the County. On June 30, 2002, $156,014,000 in outstanding obligations is
considered to be defeased.
Legal Debt Limit
As of June 30, 2002, the County's debt limit (5 percent of valuation subject to taxation) was $4.674
billion. The total amount of debt applicable to the debt limit was $336 million, net of assets in the debt
service funds and other deductions allowed by law. The resulting legal debt margin was$4.338 billion.
Arbitrage
The Tax Reform Act of 1986 instituted certain arbitrage restrictions with respect to the issuance of tax-
exempt bonds after August 31, 1986. Arbitrage regulations deal with the investment of all tax-exempt
bond proceeds at an interest yield greater than the interest yield paid to bondholders. Generally, all
interest paid to bondholders can be retroactively rendered taxable if applicable rebates are not reported
and paid to the Internal Revenue Service(IRS) at least every five years. The County engages consultants
to perform calculations of excess investment earnings on tax-exempt bonds and as of June 30,2002, does
not expect to incur a liability.
12. CONDUIT DEBT
From time to time Multifamily/Single Family Housing Revenue Bonds have been issued in the County's
name to provide mortgage loans secured by first trust deeds on newly constructed and existing housing
and to provide funds to builders for construction/remodeling of housing projects.
The bonds do not constitute an indebtedness of the County. They are payable solely from payments made
on and secured by a pledge of the acquired mortgage loans or housing units and certain funds and other
monies held for the benefit of the bondholders pursuant to the bond indentures. The County is not
obligated in any manner for repayment of the indebtedness. Accordingly, no liability has been recorded
in the basic financial statements.
As of June 30, 2002, the County had participated in the issuance of twenty-nine series of Multifamily or
Single Family Housing Revenue Bonds. The aggregate principal amount remaining payable for the bonds
issued was$315,966,000.
Not included in the above amount is a defeased issue of$43,115,000.
66
COUNTY OF CONTRA COSTA
NOTES TO THE BASF FINANCIAL STATEMENTS
June 30,2002
13. NET ASSETS/FUND BALANCES
The government-wide financial statements and proprietary and fiduciary fund financial statements utilize
a net assets presentation. Net assets are categorized as invested capital assets (net of related debt),
restricted and unrestricted.
• Invested in capital assets, net of related debt - This category groups all capital assets, including
infrastructure, into one component of net assets. Accumulated depreciation and the outstanding
balances of debt that are attributable to the acquisition, construction or improvement of these assets
reduce the balance in this category.
• Restricted net assets — This category presents external restrictions imposed by creditors, grantors,
contributors or laws or regulations of other governments and restrictions imposed by law through
constitutional provisions or enabling legislation.
• Unrestricted net assets — This category represents net assets of the County, not restricted for any
project or other purpose.
_ In the governmental fund financial statements, reserves segregate portions of fund balance that are either
not available or have been earmarked for specific purposes. The various reserves are established by
actions of the Board and management and can be increased,reduced or eliminated by similar actions.
As of June 30,2002,reservations of fund balance are described below:
• Encumbrances—to reflect the outstanding contractual obligations for which goods and services have
not been received.
• Inventories—to reflect the portion of assets which do not represent available spendable resources.
• Advances to other funds — to reflect the amount due from other funds that are long-term in nature.
Such amounts do not represent available spendable resources.
• Prepaid items and deposits — to reflect amounts paid in advance by the County for goods not yet
_ received or services not yet performed.
• Land held for resale — to reflect investment in land which does not represent available spendable
resources.
• Housing Projects - to account for financial resources designated for increasing and improving the
supply of housing for persons and families of low or moderate income.
+ Debt service — to reflect the funds held by trustees or fiscal agents for future payment of bond
principal and interest or as reserves, These funds are not available for general operations.
• Nonexpendable Permanent Funds—to reflect the fund's principal balance which is not expendable.
67
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
14. PERMANENT FUND
The Permanent Fund accounts for the financial activities and balances of donor-restricted endowments for
the County's libraries. Interest income may be used for the establishment and furnishing of children's
areas within libraries, literacy programs and the acquisition of books that meet the criteria of the
endowments. In accordance with the terms of the endowments and California Government Code Section
25355, only the interest income may be used; any unused income may be used in a subsequent year. The
amount available for spending, $353,000 at June 30, 2002, is shown on the Statement of Net Assets as
Net Assets Restricted for Permanent Fund-Expendable.
15. EMPLOYEES' RETIREMENT PLAN
A. Plan Description
The Contra Costa County Employees' Retirement Association (CCCERA) is a cost-sharing multiple-
employer defined benefit pension plan (the plan) governed by the County Employees' Retirement
Law of 1937 (the 1937 Act). The plan covers substantially all of the employees of the County, its
special districts, the Housing Authority and thirteen other member agencies. The plan issues stand-
alone financial statements which can be directly obtained from its office,as indicated in Note I.A.
The plan provides for retirement, disability, death and survivor benefits, in accordance with the 1937
Act. Annual cost-of-living adjustments to retirement benefits can be granted by the Retirement Board
as provided by State statutes.
The plan is divided into four separate benefit sections of the 1937 Act. These sections are known as:
General - Tier I, General - Tier 11, General - Tier III and Safety. Tier I includes members not
mandated to be in Tier Ii and reciprocal members that elect Tier I membership. Tier I1 includes
members hired on or after August 1, 1980, by the three employers adopting this benefit provision and
their members who elected to transfer from Tier I at that date. Tier III was approved by the Board of
Supervisors in January 1998, and implementation began in October 1998. Safety includes members
in active law enforcement, active fire suppression work or certain other "Safety" classifications as
designated by the Retirement Board.
Service retirement benefits are based on age, length of service and final average salary. For the Tiers
1, III and Safety sections, the retirement benefit is based on a one-year average salary, in accordance
with Section 31462 of the Government Code. For Tier II, the benefit is based on a three-year average
salary.
As of June 30,2002,3,733 Tier II employees with five years service were eligible to irrevocably elect
Tier 111. Members eligible for Tier III are required to elect or decline enrollment. As of June 30,
2002, 3,015 employees elected Tier III. Subsequent enrollments will occur as more employees from
Tier II acquire five years of service.
68
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
B. Funding Policy
Pursuant to provisions of the 1937 Act, the Retirement Board recommends the annual contribution
rates for adoption by the Board of Supervisors. New contribution rates, based on the actuarial study
as of December 31, 2000, became effective July 1, 2001. The contribution requirements are
determined as a percentage of payroll.
The employer rates were calculated on the alternate funding method permitted by Section 31453.5 of
the Government Code. The"entry age normal funding" method is used to calculate the rate required
to provide all the benefits promised to a new member. Unfunded costs resulting from this calculation
are amortized over 17 years from the December 31,2000,valuation date.
Active plan members are required to contribute an actuarially determined percentage of their annual
covered salary. The required percentage rates vary according to the benefit section and entry age of
the employee. The rates in effect during fiscal year 2001-2002 (based on covered payroll as of
January 1,2001)ranged from 3.99 percent to 10.37 percent of the employees' annual covered salary.
The County employer rates of contribution, calculated as a percentage of the County's covered
payroll of$427,866,000 as of January 1,2001, for fiscal year 2001-2002,were:
General Members,Tier 1 19.09%
General Members,Tier 11 13.67
General Members,Tier Ill 14.75
Safety Members 20.84
The County's annual pension cost and prepaid pension asset,computed in accordance with GASB 27,
Accounting for .Pensions by State and Local Governmental Employers, for the year ended June 30,
2002,were as follows:
Annual required contribution(County fiscal year basis) $ 43,833,000
Interest on pension asset (23,484,000)
Adjustment to the annual required contribution 38,319,000
Annual pension cost 58,668,000
Contributions made 43,833,000
Decrease in pension asset (14,835,000)
Pension asset,beginning of year 293 558,000
Pension asset,end of year $ 278,723,000
69
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2042
The following table shows the County's annual pension cost and the percentage contributed, for the 2002 _...._
fiscal year and each of the two preceding years:
Fiscal Year Annual Pension Percentage of Net pension
Ended June 30, Cost(APC) APC Contributed Asset
2000 $ 43,313,000 78.05% $ 305,576,000
2001 50,921,000 76.40% 293,558,000
2002 58,668,000 74.71% 278,723,000
The County has made its annual required contribution (ARC) for each of the past three years. The
difference between the ARC and the annual pension cost (APC) is due to the amortization of the Net
Pension Asset.
See Note 20.13—Subsequent Events for additional information.
16. PAULSON LAWSUIT SETTLEMENT
During the year ended December 31, 1999, CCCERA settled its litigation, entitled Vernon D. Paulson, et
al. v. Board of Retirement of the Contra Costa Employees' Retirement Association, et al, As of October
14, 1999,all legal documents to finalize the case settlement were signed by the court.
The consolidated lawsuit was brought on behalf of a class of retired members of CCCERA regarding the
inclusions and the exclusions from"final"compensation that are used in calculating members' retirement
benefits as a result of the Ventura Decision. The Ventura Decision held that a County Retirement System
operating under provisions of the County Employees Retirement Law of 1937 must include certain types
of cash incentive payments and additional pay elements received by an employee, within the employees'
"compensation earnable" and "final" compensation when calculating the employee's retirement benefits.
A settlement agreement has been entered into with all parties and a petitioners' class has been certified
consisting of all retired members of CCCERA whose effective retirement date was on or before
September 30, 1997(i.e.,the period prior to the October 1, 1997 effective date of the Ventura Decision).
The Board has designated $90 million from unrestricted excess earnings to cover the anticipated liability
of the settlement. Interest at the actuarially assumed rate(currently 8.50 percent per annum)is credited to
the settlement amount until the final liability is determined. As claim forms are submitted, benefits
recalculated and paid, the funds will be transferred to the Employer Advance Reserve to cover the
liability. The costs will then be "funded" to the Retiree Reserves. It is anticipated that it could take
another year for CCCERA to determine the final effect of this case.
The recalculation and distribution of past and future benefits will be conducted in batches. As of
December 31, 2001, CCCERA has already recalculated and paid 16 batches(3,203 claimants), for a total
of$50.8 million. As of March 2002, CCCERA has recalculated batches 17 through 19 (462 claimants),
for a total of$3.0 million in past benefits. Of the $24.8 million paid and accrued for 2001, $2.2 million
70
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
pertains to the current year and $27.6 million is for periods prior to the year ended December 31, 2001,
and is recorded as a prior period adjustment on the Statement of Changes In Fiduciary Net Assets —
Fiduciary Funds. The liability for past benefits cannot be reasonably estimated due to the complexity
_. involved in calculating the "Paulson Benefit." As calculations are completed, the liability for the past
benefits will be recognized. As of December 31, 2001, the Paulson Lawsuit settlement designation is
$53.1 million.
17. PATIENT SERVICE REVENUE AND RECEIVABLES
The County Hospital grants credit without collateral to its patients, most of whom are local residents and
are insured under third-party payer agreements. Charges for services are reported at estimated net
realizable amounts from patients, third-party payers and others for services rendered and include
estimated retroactive revenue adjustments due to future audits, reviews, and investigations. Retroactive
adjustments are considered in the recognition of revenue on an estimated basis in the period the related
. services are rendered, and such amounts are adjusted in future periods as adjustments become known or
as years are no longer subject to such audits,reviews,or investigations.
Laws and regulations governing the Medicare and Medi-Cal programs are extremely complex and subject
to interpretation. As a result, there is at least a reasonable possibility that recorded estimates will change
_. by a material amount in the near term. The County Hospital's Medicare and Medi-Cal cost reports have
been audited by the fiscal intermediary through June 30, 2000. As such,the cost reports for the prior year
are still under review by Oscal intermediaries and have not been settled due to certain unresolved
reimbursement issues. The County believes it has adequately provided for any liabilities that may arise
from the fiscal intermediaries' audits.
Net receivables from patients and third-party payers at June 30,2002,are summarized as follows:
_. Medicare $ 13,617,000
Medi-Cal 10,322,000
Insurance and other third-party payers 4,137,000
Total $ 28,076,000
18. RISK MANAGEMENT
The County self-insures its unemployment, dental and management long-term disability. The County is
self-insured to $750,000 per occurrence for workers' compensation, and maintains $10 million of excess
insurance coverage per occurrence with commercial insurance carriers. The County is self-insured to $1
million per occurrence on public and automobile liability, and maintains $30 million excess insurance
coverage with commercial insurance carriers. Liability claims arising from operations at the County's
two airports are fully insured to$100 million under a separate commercial insurance policy. The County
is self-insured to $500,000 per occurrence on medical malpractice and maintains $10 million of excess
insurance with commercial insurance carriers. The County adjusts all self-insured claims in-house.
71
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
The County maintains up to $600 million "All Risk" insurance coverage subject to a $50,000 deductible
to cover its property, except for loss caused by earthquake or flood. Loss caused by earthquake is insured
to $90 million and is subject to a minimum $1 million deductible. Loss caused by flood is insured to
$200 million and is subject to a$100,000 deductible.
The County maintains a separate insurance policy to cover the Sheriff-Coroner's helicopter for $1.6
million and up to$50 million for liability arising from the helicopter use.
During the past three years there have been no instances of the amount of claim settlements exceeding
insurance coverage.
Internal Service Funds are used to account for the County's self-insurance activities. It is the County's
policy to provide in each fiscal year, by charges to affected operating funds, amounts sufficient to cover
the estimated expenditures for self-insured claims. Charges to operating funds are recorded as
expenditures/expenses of such funds and revenues of the Internal Service Funds. Accrual and payment of
claims are recorded in the Internal Service Funds.
The County has accrued a liability of$95.1 million at June 30, 2002, for all self-insured claims in the
Internal Service Funds, which includes an amount for incurred but not reported claims. The self-
insurance reserve is based on actuarially determined amounts for workers' compensation, public and
automobile liability, and medical liability and based on management's estimates for all other reserves. In
the opinion of the County, the amounts accrued are adequate to cover claims incurred but not reported in
addition to known claims.
Changes to the Internal Service Funds' claims liability amount for fiscal years 2000-2001 and 2001-2002
are as follows(in thousands):
Liability at June 30,2000 $ 80,337
Current year claims and changes in estimates 24,119
Claim payments (24,435)
Liability at June 30,2001 80,021
Current year claims and changes in estimates 57,740
Claim payments (42,706)
Liability at June 30,2002 $ 95,055
The actuarially determined claims liabilities, including incurred but not reported claims, are based on the
estimated ultimate cost of settling the claims, using past experience adjusted for current trends, and any
other factors that modify past experience. It also includes incremental claim adjustment expenses. In
addition, estimated recoveries on settled and unsettled claims were evaluated in terms of their estimated
realizable value and deducted from the liability for unpaid claims.
72
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
19. COMMITMEN'T'S AND CONTINGENCIES
_. A. Grants
The County participates in a number of federal and State grant programs which are subject to
financial and compliance audits by the grantors or their representatives. Audits of certain grant
programs through June 30, 2002, have not yet been conducted. Accordingly, the County's
compliance with applicable grant requirements will be established at some future date. The amount,
if any, of expenditures which may be disallowed by the granting agencies cannot be determined at
this time. The County believes that such disallowances, if any, would not have a material effect on
.. the basic financial statements.
B. Health Insurance
Health care benefits for active and retired employees are jointly financed by the beneficiaries and by
the County. Most employees have a choice of participation in five medical plans: Kaiser
Permanente, a private health maintenance organization (HMO); Health Net (HMO); Health Net
(PPO); and the Contra Costa Health Plans(CCHP) A and B, operated by the County Health Services
Department. Employees represented by either the Deputy Sheriffs' Association (DSA), District
Attorney Investigators' Association (DATA), or United Professional Fire Fighters' IAFF Local 1230
are eligible to participate in medical plans administered by the California Public Employees'
Retirement System(CaIPERS).
For non-CalPERS administered medical plans, the County subvents 80.0 percent of Kaiser, 80.0
percent Health Net (HMO), 60.0 percent Health Net (PPO) and 98.0 percent of CCHP A and 90.0
percent of CCHP B premiums for plan members. The County subvention for CaIPERS administered
plans is a flat rate depending on the employees' union representation and the number of dependents
covered under the plans. All permanent employees have a choice of two dental plans: a County self-
funded plan administered by Delta Dental, and a PMI Delta Care Plan. The County's self-funded
plan is an indemnity program and the PMI Delta Care plan is a prepaid program.
The County's contribution to health and dental plans during fiscal year 2001-2002 for active
employees was $47,711,000. The County's liability for health care benefits is limited to its annual
contribution.
C. Postemployinent Benefits Cather Than Pensions
In addition to providing retirement benefits as described in Note 15, retired employees are allowed to
continue participation in the medical and dental plans described above. As of June 30, 2002, there
were 4,040 retired employees participating in the health plans, and the County contributed
$16,335,000 toward payment of the premiums. The cost of retiree health care is recognized when the
County makes its contribution on a pay-as-you-go basis and is accounted for in the General Fund,
Special Revenue Library and Fire District Funds, Enterprise Funds, or Fiduciary Funds as
appropriate. This postemployment benefit was approved by Board of Supervisors resolution number
73
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
264 on August 22, 1961, with ars effective date of October 1, 1961. To be eligible, the retiring
employee must have been a member of a participating health plan at the date of retirement.
D. Special Assessment Debt
The County is considered to be "obligated in some manner," as defined by GASB Statement No. 6,
Accounting and Financial Reporting for Special Assessments, for its special assessment debt. The
County is obligated to foreclose on properties for which owners have failed to pay assessment
installments as they fall due and the County may honor deficiencies to the extent that lien foreclosure _.
proceeds are insufficient. The County's obligation to advance monies to pay debt service in the event
of delinquent assessment installments is limited to the amount of remaining original bond proceeds
and installments received. Special assessment debt is included in the County's statement of net assets
and special assessment transactions are included in the Assessment Districts Debt Service Fund. Debt
service payments are made from special assessments of the related special assessment district.
E. Construction Commitments
The County had entered into contracts for the construction of certain projects. At June 30, 2002,
there were outstanding commitments of $6,067,000 for the Martinez Health Center project, _.
$20,109,000 for the Juvenile Hall Replacement project, $5,422,000 for the Family Law Center
project, and$4,465,000 for the new Powers Child Care Center project.
F. Pending Legal Matters
Numerous lawsuits are pending or threatened against the County. The County has recorded
actuarially determined reserves in the Internal Service Funds to adequately cover estimated potential
material adverse losses at June 30, 2002.
20. SUBSEQUENT EVENTS
A. 2002-2003 Tax and Revenue Anticipation Notes
On October 17, 2002, the County issued $55,000,000 of short-terns tax and revenue anticipation
notes. The notes bear interest at 2.50 percent and mature on November 17,2003.
B. 2002 Lease Revenue Bonds,Series B
In September 2002, the County of Contra Costa Public Financing Authority issued $25,440,000 in
lease revenue bonds (2002 Series B), with interest rates ranging from 2.0 to 4.6 percent, The
proceeds will be used to defease $25,870,000 of 1992 Certificates of Participation (Consolidated
Capital Projects issue).
C. Consolidation of East County Fire Districts
As of November 1, 2002, the Bethel Island, East Diablo and Oakley Fire Protection Districts will be
consolidated into a new district called the East Contra Costa Fire Protection District. An informal
study concluded that this consolidation allows for a more cost-effective application of existing
74
COUNTY OF CONTRA COSTA
NOTES TO THE BASIC FINANCIAL STATEMENTS
June 30,2002
resources to provide a higher level of fire protection and emergency medical response services in the
Bethel Island, East Diablo, and Oakley Fire Protection District areas. Funding for the new district
will come primarily from property taxes; and, it will also receive funds through County Service Area
EMS-1 (emergency medical services). There will be no change in the governance of the new district,
as the Board of Supervisors will remain the governing body.
D. Contra Costa County Employees' Retirement Association(CCCERA)
On October 1. 2002, the Board of Supervisors approved revised retirement benefits for CCCERA
members. The revised benefits include a 3 percent of eligible salary per year of service to safety
employees retiring at age 50, and 2 percent of eligible salary per year of service to regular employees
_. retiring at age 55 and also a cost of living adjustment (COLA) for safety employees and regular
employees. Also approved was a $200 per month additional benefit for retirees who retired prior to
January 1, 1983.
In the past, CCCERA has been able to contribute a portion of excess earnings from its investment
portfolio to the County in the form of subsidies to cover a portion of the County's required retirement
contributions. However, CCCERA's investment portfolio has experienced a decline in market value
and CCCERA has recently informed the County that subsidies would cease after December 2002.
The additional net County cost of retirement contributions is expected to be$12 million in fiscal year
2002-2003 and$25 million in fiscal year 2003-2004.
E. State Budget
The State is addressing a $35 billion shortfall of projected revenues compared to expenditures for the
18-month period of January 1, 2003, through June 30, 2004. This is expected to lead to a significant,
but undetermined,reduction of County revenue. The County receives approximately 20 percent of its
revenues from taxes and a significant portion of the remainder is provided by the State.
75
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COUNTY OF CONTRA COSTA
SCHEDULE OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL
GENERAL FUND
FOR TEE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Actual
Amounts Variance-
Budgeted Amounts Budgetary Positive
Original Final Basis (Negative)
Revenues:
Taxes $ 190,038 190,038 200,571 10,533
Licenses,permits and franchise fees 7,335 7,787 23,782 15,995
Fines,forfeitures and penalties 13,431 13,750 14,508 758
Use of money and property 12,312 12,339 10,527 (1,812)
Intergovernmental 474,330 540,418 506,352 (34,066)
Charges for services 155,212 171,690 155,713 (15,977)
Other revenue 38,406 93,158 74,613 18,545
T0tW Revenues: 891,064 1,029,180 986,066 (43,114)
Expenditures:
Current:
General Government:
Administrator 3,654 3,779 3,369 410
Assessor 11,760 12,442 11,694 748
Auditor Controller 6,297 5,797 5,686 111
Board of Supervisors 3,582 4,171 3,655 516
Building Maintenance 8,343 15,251 15,141 110
Building QTY Cost 17,390 17,362 14,365 2,997
Central Service/Mcrofilmn 295 472 306 166
Clerk of the Board 495 531 463 68
Community pity Access Television 895 895 698 197
County Counsel 3,526 3,858 3,149 709
Crockett-Rodeo Revenues 992 992 248 744
Economic Development 332 339 313 26
Elections 4,777 4,792 4,766 26
En ployee Benefits 29,562 24,892 15,043 9,849
Fleet Services 2,110 5,430 1,622 3,808
General Services Administration 1 1
(1) 2
Human Resources 7,445 7,414 4,877 2,537
Information Technology 2,594 2,544 1,969 575
Insurance 9,367 9,802 9,395 407
Management Information Systems 1,399 1,615 601 1,014
Personnel Merit Board 97 97 72 25
Plant Acquisition 30,907 115,396 25,513 89,883
Purchasing 732 864 729 135
Revenue Collections 1,889 1,889 1,841 48
Telephone Exchange 4,694 4,935 2,403 2,532
Treasurer-Tax Collector 3,830 4,018 3,683 335
UAAL Pension Bond Debt Service Transfers (3,225) _ (3,225) (3,225)
Total Creneral Govemment 153,740 246,353 128,375 117,978
(continued)
77
COUNTY OF CONTRA COSTA
SCHEDULE OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL
GENERAL FUND
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Actual
Amounts Variance-
Budgeted Amounts Budgetary Positive
Original Final Basis (Negative)
Public Protection:
Agriculture 3,164 3,074 2,847 227
Aninal Services 5,400 6,050 5,672 378
CCC Departtriemt Child Support Services 21,713 21,453 19,990 1,463
Comminity Development 5,595 5,839 5,072 767
Conflict Defense Services 1,148 1,148 1,039 109
coag. 1,580 1,611 1,591 20
Criminal Grand Jury 77 77 58 19
District Attorney 20,515 20,498 18,677 1,821
District Attorney Family Support 1 1 1
Emergency Services 2.749 2,599 2,444 155
Flood Control 834 838 668 170
Grand Jury 92 92 82 10
Jail 45,035 46.243 46,107 136
Jail-Health Services 7,711 8,957 8,917 40
Justice System Program 4,495 4,495 1,460 3,435
Juvenile Dependency Mediation 108 108 108
Law and Justice Systems 346 346 272 74
Local Agency Formation 258 308 275 33
Probation-Programs 21,518 22,256 20,105 2,151
Probation-Facilities 16,214 16,963 16,719 244
Probation-Care of Court Wards 8,332 8,332 7,889 443
Public Administrator 188 188 186 2
Public 14,819 15,412 14,724 688
Recoer
. 2,677 2,677 2,393 284
Sheriff 65,692 67,643 65,784 1,859
Trial Court Programs 20,520 22,154 22,152 2
Vehicle Theft Programs 1,260 1,260 740 520
UAAL Pension Bond Debt Service Transfer (11,502) (11,502) (11,542)
Total Public Protection 260,539 269,120 254,070 15,050
Health and Sanitation:
Children's Services6,243 5,312 5,225 87
Conservator/Guardianship 1,278 1,267 1267
Environmental Health 10 285 9,686 9,315 371
General Sewer Planning 23 24 24
Health Services Hotr less program 4,114 3,879 3,128 751
Medical Disproportionate Share 22,407 21,681 21,681
MentalHealth 79,715 84,551 78,667 5,884
Public Health 37,957 38,619 38,447 172
Solid Waste Management 478 478 344 134
Substance Abuse 16,731 18,331 17,655 676
UAAL Pension Bond Debt Service Transfer 3,140 (3,140) (3,140)
Total Health and Sanitation 176,091 180,688 172,613 8,075
(continued)
78
COUNTY OF CONTRA COSTA
SCHEDULE OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL
GENE ARAL FUND
FOR THE FISCAL YEAR ENDED JUNE 30,2002
- (In Thousands)
Actual
Amounts Variance-
_ BudgetedAmts Budgetary Positive
-original Final . Basis _ (Negative)
Public Assistance:
Ann.Adler Child&Fainly 195 195 172 23
CoirtnunityDeveloptnerlt 6,984 14,275 12,269 2,006
Coninunity Services 20,635 23,394 22,481 913
Housing Rehabilitation 203 229 229
EHSD-Adtn&�on 313 5,356 3,076 2,280
EHSD-Child&Family 86,598 96,426 95,812 614
EHSD-Aging&Adult 69,548 64,872 61,879 2,993
EHSD-Workforce Services 124,749 127,316 117,839 9,477
EHSD-WT-RC Investment Board 9,136 9,136 6,081 3,055
_. Services lntegmtion 626 626 232 394
Veterans Services 531 571 525 46
URAL Pension Bond Debt Service Transfer 5,483) _�)- (5,4833)
Total Public Assistance 314 0353_ 36 913 315,112 �21,801
-
Education:
Cooperative baension Services 227 227 211 16
UAAL Pension Bond Debt Service Transfer (6) (6) {6)
Total Education 221 221 205 16
Public Ways and Facilities:
Public Works 30,681 30,568 23,629 6,939
RoadConstnxction 17,359 30,237 23,046 7,191
UAAL Pension Bond Debt Service Transfer (996 (996) 99
Total Public Ways and Facilities 47,044 59,809 45,679 14,130
Recreation and Culture:
Park Administration 1 1 1
Total Recreation and Culture I 1 I
Debt Service:
hiterest 4,222 4,222 2,215 2,007
Capital Outlay 7,415 7,415 7,415
Tom Expenditures 963,308 1104`742 925,684 179,058
Excess of Revenues OverlUnder Experatitures 72,244 (75,562) 60,382 135,944
Other Finandtg Sources(Uses): !
Transfers in 23,568 23,568 23,568
Transfers out (76,347) (76,347) (76,347)
Capital lease financing 9,907 9,907 9,907
Net Other Financing Sources(Uses) _ (42,872) 42,872 (42,872)
Net Change in Fund Balances (115,116) 118,434 17,510 135,944
Fund Balance at Beginning of year,as Previously Reported 144,607 144,607 144,607
Prior period adjustment 7,285 7,285 7,285
Fund Balance at Beginning of Year,as Restated 151,892 151,892 151,892
Fund Balance at End of Year $ 36,776 33,458 169,402 135,944
(concluded)
79
COUNTY OF CONTRA COSTA
NOTE TO REQUIRED SUPPLEMENTARY INFORMATION
June 30,2002
BUDGETS AND BUDGETARY ACCOUNTING
After a series of public hearings and in accordance with the provisions of Sections 29000-29145 of the
California Government Code and other statutory provisions, commonly known as the County Budget Act,
the County Board of Supervisors legally adopts a budget for each fiscal year on or before October 2. This
budget establishes the maximum authorized expenditures for the fiscal year that cannot be exceeded
except by subsequent amendments to the budget by the Board of Supervisors. Budgets are adopted for
the General Fund on the modified accrual basis.
Expenditures are controlled by management at the object (summary accounts) level within budget units
(departments) of the County. The legal level of control is at the department level. Supplemental
appropriations, which are normally financed by unanticipated revenues during the year, and any
amendments or transfers of appropriations between summary accounts or departments must be approved
by the Board of Supervisors. Pursuant to a Board of Supervisors Resolution,the County Administrator is
authorized to approve transfers of appropriations among summary accounts within a department as
deemed necessary and appropriate. Accordingly, the legal level of budgetary control by the Board of
Supervisors is at the department level. Budgeted amounts in the budgetary comparison schedule are
reported as originally adopted and as amended during the fiscal year by resolutions approved by the
Board of Supervisors.
The County uses an encumbrance system as an extension of normal budgetary accounting. Under this
system, purchase orders, contracts, and other commitments for the expenditure of monies are recorded in
order to reserve that portion of applicable appropriations. Encumbrances outstanding at year-end are
recorded as reservations of fund balance since they do not constitute expenditures or liabilities.
Encumbrances are combined with expenditures for budgetary comparison purposes. Unencumbered
appropriations lapse at year-end.
The amounts reported as expenditures by department include amounts charged each department to service
the pension obligation bond debt because the budget includes these amounts as expenditures. "URAL
Pension Bond Debt Service Transfer" is a reporting adjustment made at the function level to achieve
agreement with the financial statements where these expenditures are reported as transfers in accordance
with GAAP.
80
- COLNTY OF CONTRA COSTA
CONMr,dNG BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30,2002
(In Thousands)
Special Debt Capital
Revenue Service Projects Permanent
Funds Funds Funds Fund Tota!
Assets: _._.._.
Cash and investinents $ 223,034 65,213 49,919 2,140 340,306
Accounts receivable and accrued revenue 11,423 232 1 11,656
Due finm other fiords 8,847 2,713 515 12,075
Advances to other fiords 4,883 4,883
Notes receivable 7,279 7,279
Prepaid items and deposits 413 413
Land held for resale 1,164 122 1,286
TtW Assets $ 257,043 68,158 50,557 2,140 377,898
Liabilities and Fund Balances:
Liabilities:
Short term notes $
Accounts payable and accred liabilities 11,043 1,297 210 12,550
Due to other fluids 23,808 10,215 391 61 34,475
Advances from other fimds 4,107 90 824 5,021
Deferred revenue 26,988 26,988
Total Liabilities 65,946 11,602 1,425 61 79,034
Fund Balances:
Reserved for:
Encunib aiices 7,229 37 7,266
Advances to other fluids 4,883
4,883
Prepaid items and deposits 413 413
Lard held for resale 1,164 122 1,286
Horsing projects 616 616
Debt service 27,464 27,464
NonwMaidabie pernranent fiord 1,726 1,726
Lhareserved,reported in:
Special revenue fimds 176,792 176,792
Debt service fiords 29,092 29,092
Capital projects fiords 48,973 48,973
Pern�anent fiord 353 353
Total Fund Balances 191,097 56,556 49,132 r 2,079 `298,864
Total Liabilities and Fund Balances $ 257,043 68,158 50,557 2,140 377,898
81
COUNTY OF CONTRA COSTA
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR.ENDED JUNE 30,2002
(In Thousands)
Special Debt Capital
Revenue Service Projects Pemnanent
Funds Funds Funds Fund Total
Revenues:
Taxes $ 109,423 9,814 2,827 122 064
Licenses,permits and franchise fees 11,495 11,495
Fines,forfeitures and penalties 4,017 4,017
Use of money and property 5,342 5,783 2,070 42 13,237
Intergovemm-rital 38,775 9 588 39,372
Charges for services 40,875 40,875
Other revenue 18,033 1,607 27 19,667
Toth Revenues 227,960 17,213 51512 42 250,727
Expenditures:
Current:
General govemnxnt 1,976 1,976
Public protection 123,863 78 123,941
Health and sanitation 9,551 9,551
Public assistance 14,982 3,781 3,798 22„561
Education 16,162 16,162
Public ways and facilities 43,150 1 43,151
Recreation and culture 1,099 1,099
Debt service:
Principal 83 25,027 25,110
Bond issuance cost 412 412
Interest 683 33,385 24 34,092
Capital outlay 24,821 24,821
Total 211,549 87,426 3,901 302,876
Excess(Deficiency)of Revenues Over
(Under)Expenditures 16,411 (70,213)_ 1,611 42 (52,149)
Other Financing Sources(Uses):
Transfers in 2,760 45,902 48,662
Transfers out (5,422) (1,464) (60) (6,946)
500
Proceeds from the sale of mal estate 500
Proceeds from issuance of debt 12,650 12,650
54,866
Total Other Financing Sources(Uses) (2,162) 57,088 (�)
Net Change in Find Balances _ 14 249 (13,125) 11611 �(18) 2,717
Fund Balances at Beginning of Year,
Previously Reported 65,617 47,380 257,017
Adjustments to beginning furA balances 32,828 4,064 141 2,097 39,130
Fund Balanus at Beginning of Year,as Restated 176,848 69,681 47,521 2,097 296,147
Fund Balances at End of Year $ 191,097 56,556 49,132 2 079 298,864
82
Nanmajor Special Revenue Funds
SPECIAL REVENUE FUNDS
Special revenue funds are used to account for revenues that are restricted by law or administrative action to expenditures for
specified purposes. Nonmajor special revenue funds used by the County are listed below:
ROAD FUNDS
These Funds were established to provide for maintenance and construction of roadways. Revenues consist primarily of
the County's share of State highway user taxes and are supplemented by Federal funds.
LIBRARY FUND
This Fund was established to provide library services for all areas of the County except the City of Richmond. Property
taxes provide most of the Fund's revenues.
FIRE PROTECTION FUNDS
These Special District Funds provide fire protection services to both cities and unincorporated areas in the County. They
are financed primarily by property taxes.
HEALTH AND SANITATION FUNDS
These Funds provide a variety of health and sanitation services. They are financed by State grants,the County"s share of
the tobacco tax and user fees.
SERVICE AREAS FUNDS
These Special District Funds provide services such as lighting, park, or street maintenance to specific areas in the
County. They are financed by property taxes and user charges.
FLOOD CONTROL FUNDS
These Special District Funds provide services to control flood and storm waters. Revenues are primarily received from
property taxes and federal grants.
LAW ENFORCEMENT FUNDS
These Funds provide for a variety of law enforcement services financed by property taxes, narcotics seizures and court
fines and fees.
COURTS AND CRIMINAL JUSTICE FUNDS
These Funds are used for the improvement of courthouse and criminal justice facilities and related automated
information systems. Revenues are derived from court fines and fees.
_ 83
RECORDER/CLERK MODERNIZATION FUNDS
These Funds provide for automation of civil and small claims functions of the courts and for micrographics and
modernization of the Recorder's Office. Revenues received are from filing and recording fees.
LAND DEVELOPMENT FUND
This Fund was established to report growth management related activities, such as Building Inspection, Public Works
engineering and Community Development growth management related services.
REDEVELOPMENT AGENCY(RDA) FUNDS
These Funds are used to account for the financial resources designated for the improvement of targeted low to moderate
income housing areas and the elimination of blight.
CHILD DEVELOPMENT FUND -.-.
This Fund is used to account for the financial resources designated for the County's Child Development programs.
IN-HOME SUPPORTIVE SERVICES PUBLIC AUTHORITY(IHSS)FUND
This Fund is used to provide services to both providers and recipients of in-home care delivered through the In-Home
Supportive Services program.
OTHER SPECIAL REVENUE FUNDS
These Funds account for the activities of several non-grant Special Revenue Funds. They include Fish and Game,
Survey Monuments,Victim Assistance, Sans Crainte Drainage and County Water Districts.
84
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COUNTY OF CONTRA COSTA
CCMINING BALANCE SHEET
SPECIAL REVENUE FUNDS
J1.NE 30,2002
On Thousands!
Fire Health a& Service Flood
Road Library Protection Sanitation Areas Control
Assets:
Cash and investments $ 47,400 9,900 39,043 6,065 14,298 19,634
Accounts receivable and accrued revenue 5,414 773 1,630 314 64 850
Due from other fluids 1,240 258 633 43 607 227
Advances to other funds
Nates receivable
Prepaid items and deposits 91 209 1
Land held for resale
Total Assets $ 54,145 10,931 41,515 6,422 14,969 20,712
Liabilities and Fund Balances
I.aabilities:
Accounts payable and accrued liabilities $ 915 1,107 5,294 477 803 256
Due to other funds 2,884 395 248 1,941 1,051 2,746
Advances from other funds 138
Deferred revenue 1,500 14 20 9
Total inabilities 5,299 1,516 5,562 2,427 1,854 3,140
Fund Balances:
Reserved for.
F.ncun*mnces 442 1,252 3,808 1 162 327
Advances to other funds
Prepaid items and deposits 91 209 1
land held for resale
Housing projects
Unreserved:
Designated for equiprmnt replacement 4,341 68 296
Undesignated 43,972 8,095 31,936 3,994 12,953 16,948
Total Fund Balances 48,846 9,415 35,953 3,995 13,115 17,572
Total U"fles and Fund Balances $ 54,145 10,931 41,515 6,422 14,969 20,712
86
Courts& Recorder/ In-Home Other
Law Criminal Clerk Land Redevelopment Child Supportive Special
Enforcement Justice Modernization Developmrent Agency Development Services Revenue Total
26,430 1,381 7,268 29,644 4,671 17,300 223,034
95 335 36 322 1 914 377 298 11,423
70 90 24 1,324 158 3,050 746 377 8,847
4,883 4,883
1,740 5,539 7,279
100 8 4 413
1,164 1,164
26,595 1,806 7,328 31,290 7,834 3,972 1,127 28,397 257,043
150 189 50 912 643 81 166 11,043
5,778 204 312 1,778 245 3,349 866 2,011 23,808
3,969 4,107
32 17,659 1,740 59 5,955 26,988
5,928 425 362 20,349 5,954 4,051 947 8,132 65,946
629 19 485 17 4 83 7,229
4,883 4,883
100 8 4 413
1,164 1,164
616 616
369 5,074
20,038 1,381 6,947 10,087 (104) 172 15,299 171,718
20,667 1,381 6,966 10,941 1,880 (79) 180 20,265 191,097
26,595 1,806 7,328 31,290 7,834 3,972 1,127 28,397 257,043
87
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COUNTY OF CONTRA COSTA
COMBINING STATEMENT OF REVENUES,EXPENDITURES AND CHANGES IN FUND BALANCES
SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Fire Health& Service Flood
Road Library Protection Sanitation Areas Control
Revenues:
Taxes $ 14,596 12,650 62,695 4,519 3,179 5,178
Licenses,permits and franchise fees 149 17 3,587
Fines,forfertures and penalties 1,216
Use of money and property 1,142 17 529 129 439 443
Intergovernmental 6,286 3,317 2,615 4,761 1,411 512
Charges for services 5,036 738 2,518 103 2,969 11,380
Other revenue 2,716 1,346 871 111 845
Total Revenues 29,776 18,068 69,377 10,728 8,126 21,945
Expenditures:
Current:
General government 280 _.._.
Public protection 67,499 6,380 16,136
Health and sanitation 9,551
Public assistance
Education 16,035 127
Public ways and facilities 33,797 711 1
904
Recreation and culture
Debt service:
Principal 77 6
Interest 7 134
Total Expenditures 33,797 16,315 67,499 9,635 8,128 16,271
Excess(Deficiency)of Revenues Over
(Under)Expenditures (4,021 1,753 1,878 1,093 (2) 5,674
Other Financing Sources(Uses):
Transfers in 102 1,394 206 15
Transfers out (434) (206) (8) (15) (102)
Sale of real estate 500
Total Other Financing Sources(Uses) 602 960 (8)
Net Change in Fund Balances 3,419 2,713 1,878 1,085 (2) 5,572
Fund Balances at Beginning of Year,
as previously Reported 33,767 6,496 29,130 2,910 11,844 15,670
Adjustments to beginning fiord balance 18,498 206 4,945 1,273 (3,670)
Fund Balances at Beginning of Year,as Restated 52,265 6,702 34,075 2,910 13,117 12,000
Fund Balances at End of Year $ 48,846 9,415 35,953 3,995 13,115 17,572
88
Courts& Recorder/ In-Home Other
Law Crir ianal Clerk Lard Redevelopment Child Supportive Special
1 nforcenrnt Justice Moderrtizatlon Develgxwm Services Revenue Total
4,818 1,474 314 109,423
7,692 50 11,495
387 2,395 19 4,017
469 188 528 460 (20) 1,018 5,342
9,229 174 17 76 8,026 959 1,392 38,775
701 3,113 11,130 3,187 40,875
574 6,525 3,546 3 1,496 18,433
16,178 2,757 3,130 25,951 1,934 11,552 962 7,476 227,960
_. 13 1 1,682 1,976
14,988 1 1,407 14,427 3,025 123,863
9,551
1,403 11,497 599 1,483 14,982
16,162
8,641 43,150
195 1,099
83
79 463 683
15,196 2 1,407 23,068 1,482 11,497 599 6,653 211,549
982 2,755 1,723 2,883 452 55 _ 363 823 16,411
532 11 500 2,760
(I,I06) (2,440) (22) (401) (349) (214) (125) (5,422)
500
574) (2-,-440) (22) - (390) (349) (214) _. 375 (2,162)
448 315 1,701 2,493 103 _ (159) 363 1,198 14,249
17,278 791 5,265 4,879 803 202 14,985 144,020
2,981 275 3,569 974 (122) (183) 4,082 32,828
20,259 1,066 5,265 8,448 1,777 80 (183) 19,067 176,848
20,667 1,381 6,96E Id,941 1,880 (79) 180 20,265 191,097
89
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COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
ROAD SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Armunts Actual Positive
Original Final_ Amounts (Negative)
Reveraies:
Taxes S 14,596 14,596
Use of money and property 1,810 1,810 1,142 (668}
Intergovernmental23,589 9,013 6,286 (2,727)
Charges for services 3,687 4,277 5,036 759
Other revenue 1,069 1,037 2,716 1,679
Total Revenues 30,155 30,733 29,776 (957)
Expenditures:
Public Ways and Facilities
Services and supplies52,464 50,147 28,970 21,177
2,310 5,526 4,256 1,270
Other charges
Fixed assets 687 868 571 297
Reserves 561 561 561
Total Expenditures 56,022 57102 33,797 23,305
Excess(Deficiency)of Revenues Over
� ) � (25,867) (26,369) (4,021 22,348
Other Financing Sources
Transfers in 102 102 102
Soo 500
Sale of real estate -----
Total Other Financing Sources 102 602 602
Net Change in Fund Balms 25,765 (25,767) (3,419) _ 22,348
Fund Balance at Beginning of Year,
as Previously Reported 33,767 33,767 33,767
Adjustments to beginning fund balance 18,498 18,498 18,498
Fund Balance at Beginning of Year,as Restated 52>265 52,265 52,265
Fund Balance at End of Year S 26,500 26,49$ 48,846 22,348
90
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COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
LIBRARY SPECIAL REVENUE FUND
FOR TIAE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Amounts Actual Positive
_
Revenues: Original Final -AMDunis _ f Negative}
Taxes $ 11,636 11,636 12,650 1,014
Use of money and property 4 4 17 I3
lntemgMem nrntai 2,880 2,880 3,317 437
Charges for services 699 699 738 39
Other revenue 1,973 1,017 1,346 329
Total Revenues 17,192 16,236 18,068 1,832
- Expenditures:
General Govemnr:trt
Fixed assets 1,576 1,549 280 1,269
Total General Government 1,576 1,549 280 1,269
Education
Salaries and benefits 11,312 11,253 9,930 1,323
Services and supplies 3,283 4,263 3,638 625
Other charges 2,209 2,282 2,112 170
Fixed assets 1,032 443 355 88
Total Education 17,836 _ 18,241 16,035 2,206
Total Expenditures 19,412 _ -19,790 16,315 3,475
Excess(Deficiency)of Revenues Over
(Under)Expenditures (2,220) (3,554) 1,753 5,307
Other Financing Sources(Uses):
Transfers in 1,334 1,394 60
- Transfers out (434) (434) (434)
Total Other Financing Sources(Uses) (434) 900 960 60
Net Charge in Fund Balance (2,654) {2,654) 2,713 5,367
Fund Balance at Beginning of Year,
as Previously Reported 6,496 6,496 6,496
Adjus netts to beginning fluid balance 206 206 206
Fund Balance at Beginning of Year,as Restated 6,702 6,702 6,702
Fund Balance at End of Year $ 4,048 4,048 9,415 5,367
91
COUNTY OF CONTRA COSTA
BUDGE'T'ARY COMPARISON SCHEDULE
FIRE PROTECTION SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Arnounts Actual Positive
Original Final Amounts (Negative)
Revenues:
Taxes $ 60,823 60,823 62,695 1,872
Licenses,permits,and franchise fees 197 197 149 (48)
Use of money and property 424 424 529 I05
goy 953 953 2,615 1,662
Charges for services 1,638 1,685 2,518 833
Other revenue 420 628 871 243
Total Revenues 64,455 64,710 69,377 4,667
Expenditures:
Crurent
Public Protection
Salaries and benefits 52,808 51,364 50,051 1,313
Services and supplies 13,041 13,010 8,533 4,477
Other charges 2,335 2,614 2,196 418
Fixed assets 18,969 20,420 6,719 13,701
T 87,153 87,408 67,499 19,909
Excess(Deficiency)of Revenues Over
(Under)Expenditures (22,698) (22,698) 1,878 24,576
Other Financing Sources(Uses):
Transfers in 243 206 (37)
Transfers out (243) (206) 37
Total Other Financing Sources(Ekes)
Net Ctrange in Fund Balance (22,698) (22,698) I,878 24,576
Fund Balance at Beginning of the Year,
as Previously Reported 29,130 29,130 29,I30
Adjumnents to beginning fund balance 4,945 4,945 4,945
Fund Balance at Beginning of the Year,as Restated 34,075 34,075 34,075
Fund Balance at End of Year $ 11,377 11,377 35,953 24,576
92
COUNTY OF CONTRA COSTA
BUMF TARP COWARISON SCHEDULE
HEALTH AND SANITATION SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Amounts Actual Positive
OrFinal Amounts (Negative)
Revenues:
Taxes $ 4,443 4,514 4,519 5
Fines,forfeitures and penalties 878 1,171 1,216 45
Use of money and property 4 9 129 120
Intergovernmental 5,074 4,842 4,761 (81)
Charges for services 90 90 103 13
Other revenue 28 28 (28)
Total Revenues 10,517 10,654 10,728 _. 74
Expenditures:
Current:
Health and Sanitation
Salaries and benefits 385 397 145 252
Services and supplies 9,436 9,294 7,648 1,646
Other charges 3,443 3,681 1,746 1,935
Fixed assets 66 95 12 83
Total Health and Sanitation 13,330 13,467 9,5,51 3,916
Debt service:
Principal 77 77 77
Interest 7 7 7
T0tal Expenditures 13,414 13,551 9,635 3,916
Excess(Deficiency)of Revenues Over
(Under)Exlwnditures (2,897) (2,897) 1,093 3,990
Other Financing Uses:
Transfers out (8) (8) (8)
Total Other Fkwwing Uses (8) (8) (8)
--- Net Change in Fund Balance (2,905) (2,905) 1,085 3,990
Fund Balance at Beginning of Year _ 2,910 2,910 2 910
Fund Balance at End of Year $ 5 5 3,995 3,990
93
COUNTY OF CONTRA COSTA
BUDGETARY COMPARLSON SCHEDULE
SERVICE AREAS SPECIAL.REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
Ficial Budget
Budgeted Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:
Taxes $ 3,003 3,005 3,179 174
Licenses,pemvts and franchise fees 20 20 17 (3)
Use of money and property 542 546 439 (107) --
Intergoverarnental 1,250 1,250 1,411 161
Charges for services 2,288 2,288 2,969 681
Other revenue
141 159 111 (48)
Total Revenues 7,244 7,268 8,126 858
Expendtures
Current:
Public Protection
Services and supplies 9,726 9,288 4,316 4,972
Other charges 1,551 2,035 2,035
Fixed assets 1,665 1,655 29 1,626
Removes 59 59 59
Total Public Protection 13,001 13,037 6,380 6,657
Education
Services and supplies 117 117 117
Other charges 130 130 127 3
Total Education 247 247 127 120
Public Ways and Facilities
Salaries and benefits
Services and supplies 2,193 2,099 578 1,521
Other charges 5 117 109 8
Fixed assets 605 588 24 564
Total Public Ways and Facilities 2,803 2,804 711 2,093
(continued)
94
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COUNTY OF CQWRA.COSTA
BUDGETARY COMPARISON SCHEDULE
SERVECE AREAS SPECIAL REVENUE FUNDS
FOR THE.FISCAL YEAR ENDED NNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Armunts Actual Positive
Original Final Arnmints (Negative)
_ Recreation and Culture """ —
Salaries and benefits 2 2 2
Services and supplies 521 534 226 308
Other charges 191 197 178 19
Fixed assets 2,239 2,239 498 1,741
Total Recreation and Culture 2,953 2,972 904 2,068
Debt Service:
Principal 6 (6)
Total Expends tm 19,004 19,060 8,128 10,932
Excess(Deficiency)of Revemues Over
(Under)Expenditures (11,760) (11,792) (2) 11,790
Otlrer Financing Sources(Uses),
Transfers in I5 15
Transfers out (10) (15) (15)
Total Other Financing Sources(Uses) _ (10) (15) is
Net C7unge in Fund Balance (11,770) 11,807 (2) 11,805
Fund Balance at Beginning of Year,
- _ as Previously Reported 11,844 11,844 11,844
Adjustments to beginning fund balance 1,273 1,273 1,273
Fund Balance at Beginning of Year,
as Restated 13,117 13,117 13,117
Fund Balance at End of Year $ 1,347 1,310 13,115 11,805
(concluded)
95
COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
FLOOD CONTROL SPECIAL.REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:
Taxes $ 4,715 4,785 5,178 393
Licenses,permits and franchise fees 3,174 3,472 3,587 115
Use of money and erty 422 479 443 (36)
prop
Intergoverntt�ntal 470 773 512 (261)
Charges for services 10,266 10,781 11,380 599
Other revenue 1,125 1,542 845 (697)
Total Revenues 20,172 21,832 21,945 113
Expenditures:
Ctiarrent:
Public Protection
Salaries and benefits 3 2 2
Services and dies 16,043 18,122 15,258 2,864
Other charges 10,832 9,772 811 8,961
Fixe}assets 116 381 65 316
Reserves 487 419 419
Total Public Protection 27,481 28,696 16,136 12,560
Public Ways and Facilities
Services and supplies 2,499 2,499 2 499
Other charges 2 2 1 1
Total Public Ways and Facilities 2,501 2,501 1 2,500
Debt service:
Principal 448 448
hiterest 134 98 234 (36)
Total Expenditures 30,116 31,743 161271 15,472
Excess(Deficiency)of Revenues Over
(Under)Expenditures (9,944) (9,911) 5,674 15,585
Other Financing Sources(Uses):
Transfers in 16 16 {16)
Transfers out (1,500) (1,533) 102 1,431
Total Other Financing Sources(Uses) (1,484) (1,517) 102 1,415
Net Change in Fund Balance (11,428) (11,428) 5,572 17,000
Fund Balance at Beginning of Year,
as Poly Reported 15,670 15,670 15,670
Adjustments to beginning fiord balance (3,670) (3,670) (3,670)
Fund Balance at Beginning of Year,as Restated 12,000 12,000 12,000
Fund dance at End of Year $ 572 572 17,572 17,000
96
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COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
LAW ENFORCEMENT SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR R-MED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Armunts Actual Positive
Original Final Amounts a tive
Revenges:
Taxes $ 4,736 4,998 4,818 (180)
Fines,forfeitures and penalties 383 383 387 4
Use of rmneY and property 80 120 469 349
Intergovernmental 5,697 6,731 9,229 2,498
Charges for services 297 2,788 701 (2,087)
Other revenue 710 715 574 (141)
Total Revenges 11,903 15,735 16,178 443
Expmditsaw.
General Government
Services and supplies 1,072 1,071 1,071
Other charges I I
Fixed assts 1,209 1,208 13 1,195
Total General Govemtnent 2,281 2,280 13 2,267
Public Protection
Salaries and benefits 1,374 1,654 1,485 169
Services and supplies 17,655 16,586 8,330 8,256
Other charges 3,502 6,503 5,131 1,372
Fixed assets 161 780 42 738
Total Public Protection 22,692 25,523 14,988 10,535
Recreation and Culture
Salaries and benefits 4 5 5
Services and supplies 226 223 167 56
Other charges 21 23 23
Fixed assets 10 10 10
Total Recreation and Culture 261 261 195 66
Total Expenditures 25,234 28,064 15,196 12,868
Excess Wetency)of Revenges Over
(Under)Expenditures (13,331) (12,329) 982 13,311
Other Financing Sources(Uses):
Transfers in 60 60 532 472
- Transfers out (106) (1,106) (1,106)
Total Otter Firmw*g Sources(Uses) (46) {1,046) (574) 472
Net Change in Fund Balance (13,377) (13,375) 408 13,783
Fund Balance at Beginning of Year,
as Previously P41xwW 17,278 17,278 17,278
Adjustments to beginning fund balance 2,981 2,981 2,981
Fund Balance at Beginning of Year,as Restated! 20,259 20,259 20,259
Fund Balance at End of Year $ 6,882 6,884 20,667 13,783
97
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COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
LAND DEVELOPMENT SPECIAL REVENUE FUND
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Armurts Actual Positive
Original Final Amounts (Negative)
Revenues:
Licenses,permits and franchise fees S 10,826 10,842 7,692 {1,150)
Use of rmney and property 528 528 528
Intergovemny-rntal 76 76
Charges for services 9,104 9,195 11,130 1,935
Other revenue 568 2,004 6,525 4,521
Total Revenues 21,026 22,569 25,951 3,382
Expenditures:
Public Protection
Salaries and benefits
7,126 6,637 6,224 413
Services and supplies 11,542 11,172 6,068 5,104
Other charges 1,071 1,833 1,811 22
Fixed assets 306 459 324 135
Total Public Protection 20,045 20,101 14,427 5,674
Public Ways and Facilities
Services and supplies 9,055 10,317 8,427 1,890
Other charges 52 215 2 i4 1
Total Public Ways and Facilities 9,107 10,532 8,641 1,891
Total Expenditures 29,152 30,633 23,068 _ 7,565
Excess{Deficiency)of Revenues Over
(Under)Expenditures (8,126) (8,064) 2,883 10,947
Other FinaMng Sources(Uses):
Transfers in 11 11
Transfers out (341) (401) (401)
Total Other Financing Sources(Uses) JL4 1) (401) (390) 11
Net Change in Fund Balance (8,467) (8,465) 2,493 10,958
Fund Balance at Beginning of Year,
Previously Reported 4,879 4,879 4,879
Adjusrrnmts to beginning fund balance 3,569 3,569 3,569
Fund Balance at Beginning of Year,as Restated 8,448 8,448 8,448
Fund Balance at End of Year $ (19) (17) 10,941 10,958
100
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COUNTY OF CONTRA COSTA
BUDGETARY GYlNWARISUN SCHEDULE
REDEVELOPMENT AGENCY SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR 1010 RUNE 30,2002
(In Thousands)
Variance with
Final Budget
yg4eted Armtmts Actual Positive
Ongrnal Final Aarxuuits (Negative)
Revenues:
Tw(es $ 1,440 1,440 1,474 34
Use of money and property 55 55 460 405
Other revenue 2,200 2200,
(2,200)
Total Revenues 3,695 3,695 1,934 (1,761)
Expenditures:
Cturent:
Public Assistance
Services and applies 456 456 456
Other charges _ 6,708 6,708 1,403 5,305
Total Public Assistance 7,164 71164 1,903 5,761
Debt Service:
Interest 79
{79)
_. Total Expenditures 7,164 7,164 14$2 5,682
Exiess(Deficiency)of Revenues Over
(Under)Eximiditures (3,469) (3,469) 452 3,921
- Other FSnancing Uses:
Transfers out (349) (349)
Tote Other Financing Uses (349) (349
Net Glhange in Fund Balance (3,469) (3,469) 103 _ 3,572
Fund Balance at Beginning of Year,
as Previously Reported 803 803 803
Adjustments to beginning fiord balance 974 974 974
Fund Balance at Beginning of Year,as Restated 1,777 1,777 1,777
Fund Balance at End of Year $1,692) (1,692) 1,880 3,572
101
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COUNTY OF CONTRA COSTA.
BUDGETARY COMPARISON SCHEDULE
OTHER SPECIAL REVENUE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Amounts Actual Positive
Ori ji!Lal Final Amounts (Negative)
Revenues:
Taxes 228 228 314 816
Licenses,permits and franchise fees 104 104 50 (54)
Fines,forfeitures and penalties 5 5 19 14
Use of money and property 2,568 2,604 1,018 (1,586)
Intergovemmental 1,798 1,798 1,392 (406)
Charges for services 503 581 3,187 2,606
Other revenue 498 1,933 1,496 (437)
Total Revenues 5,704 7,253 7,476 223
Expenditures:
Current:
General Government
Services and supplies 4,275 2,637 45 2,592
Other charges 1,638 1,637 1
Total General Governnient 4,275 4,275 1,682 2,593
Public Protection
Salaries and benefits
Services and supplies 2,804 4,200 2,904 1,296
Other charges 44 40 4
Fixed assets 70 70
Total Public Protection 2,804 4,325 3,025 1,300
Public Assistance
Salaries and benefits 3 33 33
Services and supplies 8,118 8,163 1,479 6,684
Other charges 3 5 4
Total Public Assistance 8,124 8,201 1,483 6,718
Debt service:
Interest 4,819 4,819 463 4,356
Total Expenditures 20,022 21,620 6,653 14,967
Excess(Deficiency)of Revenues Over
(Under)Expenditures (14,318) (14,367) 823 15,190
Other Financhc Sources(Uses):
Transfers in 500 500
Transfers out (125) (125)
Total Other Financing Sources(Uses) 375 375
Net Change in Fund Balance (14,318) (14,367) 1,198 15,565
Fund Balance at Beginning of Year,
as Previously Reported 14,985 14,985 14,985
Adjustrnents to beginning Rind balance 4,082 4,082 4,082
Fund Balance at Beginning of Year,as Restated 19,067 19,067 19,067
Fund Balance at End of Year 4,749 4,700 20,265 15,565
104
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Nonmajor Debt Service Funds
DEBT SERVICE FUNDS
Debt Service Funds are used to account for accumulation of resources for, and payment of,principal and interest on the
County's general long-term debt.
RECREATION AND PARK BUNDS FUND
This Fund is used to accumulate monies for payment of recreation and park bonds. Financing is provided by specific
property tax levies.
STORM DRAINAGE BONDS FUND
This Fund is used to accumulate monies for payment of stone drainage bonds. Financing is provided by specific
property tax levies.
PUBLIC FINANCING AUTHORITY FUNDS
These Funds are used to accumulate resources for payment of general long-term debt incurred for the various financing
activities of the County of Contra Costa Public Financing Authority.
PUBLIC FACILITIES CORPORATION FUNDS
These Funds are used to accumulate resources for payment of general long-term debt incurred for the various financing
activities ofthe Contra Costa County Public Facilities Corporation.
REDEVELOPMENT AGENCY(RDA) FUNDS
These Funds are used to accumulate resources for payment of general long-term debt incurred for the purchase of real
property within the area of the Redevelopment Agency.
PENSION BOND FUND
This Fund is used to accumulate monies for payment of taxable pension obligation bonds. These bonds were issued to
reduce or extinguish the County's Unfunded Actuarial Accrued Liability(LJAAL).
ASSESSMENT DISTRICTS FUNDS
These Funds were established to account for the accumulation of monies for payment of Assessment District debt issued
to fund Assessment District capital improvement projects.
105
COUNTY OF CONTRA COSTA
COMBINING BALANCE SHEET
DEBT SERVICE FUNDS
JUNE 30,2002
(In Thousands)
Recreation Storm Public
and Park Drainage Financing
Bonds Bonds Authority
Assets:
Cash and investments $ 21 44,636
Accounts receivable and accrued revenue 8
Due from other fluids
Total Assets 29 44,636
liabilities and Fund Balances:
liabilities:
Accounts payable and accrued liabilities
Due to other fiords 10,215
Advance from other fiords
Total Liabilities 10,215
Fund Balances:
Reserved for:
Debt service 29 5,329
Unreserved,designated for:
Future projects 29,092
Total Fund Balances 29 34,421
Total liabilities and Fund Balances $ 29 44,636
106
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Public
Facilities Redevelopment Pension Assessrnent
mon �eY Band Districts Total
3,536 6,927 5,005 5,088 65,213
93 128 3 232
2,713 2,713
3,536 7,024 1,896 5,091 68,158
1,091 2 244 1,297
14,215
90 94
1,181 2 204 111602
3,536 5,839 7,844 4,887 27,464
29,492
3,536 5,839 7,844 4,887 56,556
3,536 7,020 7,846 5,091 68,158
147
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COUNTY OF CONTRA COSTA
COMBINING STATEMENT OF REYENUFS,EXPENDITURES AND CHANGES IN FUND BALANCES
DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Recreation Storm Public
and Park DrainaW Financing
Bonds Bonds Authority
Revenues:
Taxes $ 527 5
Use of money and property 1,005
lntergovernrnental 9
Other revenue
Total Revenues 536 5 1,005
Expenditures:
Current:
General Government
Public Assistance 2
Capital outlay 24,821
Debt service:
pip 445 5 4,130
Bond issuance cost 412
Interest 84 1 8,689
Total Expenditures 531 6 38,052
Excess(Deficiency)of Revenues Over
(Under)Expenditures 5 (1) (37,047)
Other Financing Sources(Uses):
Transfers in 13,728
Transfers out (1,248)
Proceeds from issuance of debt 12,650
Total Other Financing Sources(lases) 25,130
Net Change in Fund Balances 5 (I) (I I M7)
Fund Balances at Beginning of Year,as Previously Reported 24 1 42,321
Adjustments to beginning fund balances 401?
Fund Balances at Beginning of Year,as Restated 24 1 46,338
Fund Balances at End of Year $ 29 34,421
108
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Public
Facilities Redevelopment Pension Assessment
Cion AgcY Bond Districts Total
3,071 6,211 9,814
3,450 297 920 111 5,783
9
1,282 325 1,607
3,450 3,368 2,202 6,647 17,213
192 7 3,580 3,781
24,821
2,145 700 15,915 1,687 25,027
412
1,592 2,624 19,354 1,041 33,385
3,929 3,324 35,276 6,308 87,426
- - (479) 44 (33,074) 339 (70,213)
349 31,825 45,902
(216) (1,464)
12,650
349 31,825 (216) 57,088
(479) 393 (1,249) 123 (13,125)
4,015 5,446 9,056 4,754 65,617
37 10 4,064
4,015 5,446 9,093 4,764 69,681
3,536 5,839 7,844 4,887 56,556
109
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COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
RECREATION AND PARK BONDS DEBT SERVICE FUND
FOR THE FISCAL YEAR.ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Arrounts Actual Positive
Original Final Amounts (Negative)
Revenwes:
Taxes $ 529 529 527 (2)
Intergovernmental 5 5 9 4
Total Revenues 534 534 536 2
Expenditures:
Current:
Public Assistance 28 28 2 26
Debt service:
Principal 445 445 445
Interest 84 84 84
Total Expenditures 557 557 531 26
Excess(Deficiency)of Revenues Over
((ander)Expenditures (23) (23) 5 28
Net ChwVe in Fund Balance (23) (23) 5 28
Fund Balance at Beginning of Year 24 24 24
Fund Balance at End of Year $ t 1 29 28
110
COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
STORM DRAINAGE BONDS DEBT SERVICE FUND
FOR THE FISCAL YEAR.ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Amounts Actual Positive
Original Final Armunts (Negative)
Revenues:
Taxes $ 6 6 5 (I)
Expenditures:
Debt service:
Principal 5 5 5
Interest 1 I I
Services and supplies I I I
Total Expenditures 7 7 6 I
Excess(Deficiency)of Revenues Over
(Under)Expenditures (I) (I) (I)
Net Change in I+nd Balance (I) (I) (I)
Fund Balance at Beginning of Year I I I
Fund Balance at End of Year $
III
COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
REDEVELOPMENT AGENCY DEBT SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
' Final Budget
Budgeted Amotmts Actual Positive
Original Final Amounts (Negative)
Revenues:
Taxes $ 3,107 3,107 3,071 (36)
Use of money and property 297 297
Total Revenues 3,107 3,107 3,368 261
Expenditures:
Debt service:
Principal 700 700 700
Interest 2,407 2,407 2,624 (217)
Total Expenditures 3,107 3,107 3,324 (217)
Excess(Deficiency)of Revenues Over
(Under)Expenditures 44 44
Other Financing Sources
Transfers in 349 349
Total Other Financing Sources 349 349
Net Change in Fund Balance 393 393
Fund Balance at Beginning of Year 5,446 5,446 5,446
Fund Balance at End of Year $ 5,446 5,446 5,839 393
112
COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCFIEDULE
PENSION BOND DEBT SERVICE FUND
FOR.THE FISCAL YEAR E 0ED.JUNE 30,2002
__.. (In Thousands)
Variance with
Final Budget
Budgeted Amounts Actual Positive
Original Final Airaunts a tive
Revenues:
- Use of money and property $ 1,063 1,063 920 (143)
Other revenue 1,414 11282 (132)
Total Revenues 1,063 2,477 2,202 (275)
Expenditures:
Current.
Public Assistance 44 44 7 37
Debt service:
Principal 12,406 15,915 15,915
Interest 15,163 19,354 19,354
Total Expenditures 27,613 35,313 35,276 37
Deficiency of Revenues Under Expenditures {26x550) (32,836) (33,074) (238)
Other Financing Sources:
Transfers in 25,539 31,825 31,825
Total Other Fmancing Sources 25,539 31,825 31,825
Net Change in Fund Balance (1,011) (1,011) (1,249) (238)
Fund Balance at Beginning of Year,
as Previously Reported 9,056 9,056 9,056
Adjustments to begiiuiing fiord balance 37 37 37
Fund Balance at Beginning of Year,as Restated 9,093 9,093 9,093
Fund Balance at End of Year $ $,082 8,082 7,844 (238)
113
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yt • R it
t +
$ t�
r
Nonmajor Capital Projects Funds
CAPITAL PROJECTS FUNDS
Capital Projects Funds are used to account for financial resources to be used for the acquisition of land or acquisition and
construction of major facilities other than those financed in the proprietary fund type.
REDEVELOPMENT AGENCY(RDA)FUNDS
The Redevelopment Agency was formed for the acquisition of real property and construction of improvements thereon in
the County's unincorporated areas for the purpose of removing or preventing blight.
COUNTY FACILITIES FUNDS
These Funds are used to report improvements to Juvenile Hall facilities and other miscellaneous capital projects.
ASSESSMENT DISTRICTS FUNDS
These Funds were established to account for all the capital improvement projects constructed using Assessment District
funds.
115
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COUNTY OF CONTRA COSTA
COMBINING BALANCE SHEET
CAPITAL PROJECTS FUNDS
JUNE 30,2002
(In Thousands)
Redevelopment County Assessanent
Agency Facilities Districts Total
Assets:
Cash and investments $ 39,711 180 10,028 49,919
Accounts receivable and accrued revenue(net) I 1
Due from other funds 515 515
Land held for resale 122 122
Total Assets $ 40,349 180 10,028 50,557
liabilites and Fund Balances:
liabilities:
Accounts payable and accrued liabilities $ 131 78 1 210
Due to other funds 391 391
Advances from other funds 824 824
Total liabilities 1346 78 I 1,425
Fund balances:
Reserved for:
Encumbrances 37 37
Land held for resale 122 122
Unreserved:
Designated for capital projects 38,844 38,844
Undesignated 102 10,027 10,129
Total Raid Balances 39,003 102 10,027 49,132
Total liabilities and Fund Balances $ 40,349 180 10,028 50,557
116
COUNTY OF CONTRA COSTA
COMBINING STAT174IDNT OF REVENUES,EXPENDITURES ANI)CHANGES IN FUND BALANCES
CAPITAL PROJECTS FUND
FOR THE FISCAL YEAR.ENDED JUNE 30,2002
(In Thousands)
Redevelopment county Assessment
Agency Facilities Districts Total
Revenues:
Taxes $ 2,827 2,827
Use of money and proper 1,833 2 235 2,070
Intergovernmental 588 588
Other revenue 27 27
Total Revenues 5,275 2 235 5,512
Expenditures:
Current:
General govennnent
Public protection 78 78
Public assistance 3,798 3,798
Public ways and facilities 1 1
Debt service:
Interest 24 24
Total Expenditures 3,822 78 1 3,901
Excess(Deficiency)of Revenues Over
- (Linder)Expenditures 1,453 (76) 234 1,611
- Net Change in Fund Bunce 1,453 (76) 234 1,611
Fund Balances at Beginning of Year,
as Previously Reported 37,428 178 9,774 47,380
Adjustrrents to beghft f and balances 122 19 141
Fund Balances at Beginning of Year,as Restated 37,550 178 9,793 47,521
Fund Balances at End of Year $ 39,003 102 10,027 49,132
117
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COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
REDEVELOPMENT AGENCY CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR.ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Amounts Actual Positive
Original Final Amounts (Negative)
Revenues:
Taxes $ 3,246 3,246 2,827 (419)
Use ofnxmey and property 292 292 1,833 1,541
Intergovernmental 588 588
Other revenue 3,153 3,153 27 (3,126)
Total Revenues 6,691 6,691 5,275 (1,416)
Expenditures:
Current:
Public Assistance
Salaries and benefits 8 9 9
Services and supplies 2,945 2,945 2,945
Other charges 38,449 38,449 3,798 34,651
Total Public Assistance 41,402 41,403 3,798 37,605
Debt service:
Interest 24 (24)
Total Expenditures 41,402 41,403 3,822 37,581
Excess(Deficiency)of Revenues Over
(Under)Expenditures (34,711) (34,712) 1,453 36,165
Net Change in Fund Balance (34,711) (34,712) 1,453 36,165
Fund Balance at Beginning of Year,
as Previously Reported 37,428 37,428 37,428
Adjustments to beginning fund balance 122 122 122
Fund Balance at Beginning of Year,as Restated 37,550 37,550 37,550
Fund Balance at End of Year $ 2,839 2,838 39,003 36,165
118
COUNTY OF CONTRA COSTA
BUDGETARY COMPARISON SCHEDULE
COUNTY FACILITES CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Variance with
Final Budget
Budgeted Armunts Actual Positive
Original Final Amounts (Negative)
Revenues:
Use of money and property $ 2 2
Total Revenues 2 2
FxpencGtures:
Current:
Public Protection
Services and supplies 178 178 78 100
Total Public Protection 178 178 78 100
Total Expenditures 178 178 78 100
. Excess(Deficiency)of Revenues Over
- (Under)Expenclitures (178) (178) (76) 102
Net Cluinge in Ftmd Balance (178) (178) (76) 102
Fund Balance at Beginning of Year 178 178 178
Fund Balance at End of Year $ 102 102
119
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Nonmajor Governmental Fund
PERMANENT FUND
Permanent funds are used to report resources that are legally restricted to the extent that only earnings,not principal,may
be used for purposes that support the reporting government's programs. The County's permanent fund is included in the
combining financial statements of the nonmajor governmental funds(starting on page 81).
LIBRARY GIFT PERMANENT FUND
This fund is used to account for principal trust amounts received and related interest income. The interest portion of the
fund is used to support the County Libraries.
121
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................................ ...................................................111.11,11,111,111,
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Nonmajor Enterprise Funds
ENTERPRISE FUNDS
Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private business
enterprises, where the intent of the governing body is to have the costs (expenses, including depreciation and
amortization)of providing goods or services to the general public on a continuing basis be financed primarily through
user charges;or where the County has decided that periodic determination of revenues earned,expenses incurred and/or
net income is appropriate for capital maintenance,public policy, management control,accountability or other purposes.
AIRPORT FUND
This Fund was established to account for the financial activities of the Buchanan Field and Byron Airport aviation
facilities. Revenues include receipts under rental and lease arrangements involving County airport facilities, and State
and Federal aid.
HOUSING AUTHORITY FUNDS
These Funds are used to account for the financial resources designated for housing and housing assistance to low income
residents of Contra Costa County.
SHERIFF LAW ENFORCEMENT TRAINING CENTER FUND
This Fund was established to account for the financial activities of the Sheriff Law Enforcement Training Center. The
Center provides training to law enforcement personnel from the County Sheriffs Office and other agencies. Revenues
include tuition fees paid by the student or law enforcement agency and State aid.
MAJOR RISK MEDICAL INSURANCE FUND
This Fund accounts for operations of the County's participation in the State's Major Risk Medical Insurance Program.
The Program is designed to provide health insurance to Californians who are unable to obtain coverage on the open
market. The Contra Costa Health Plan acts as the fiscal intermediary for the State. The County is not at risk for the costs
of services in the Program, which is funded through a combination of subscriber premiums and State funding from
tobacco tax monies,
123
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COUNTY OF CONTRA COSTA -
COMBINING STATEMENT OF NET ASSE'T'S
NONMAJOR ENIYRPRLSE FUNDS
JUNE 30,2002*
(In Thousands)
Sheriff Law Major
Housing Enforcernent Risk Medical
Airport Authonty Training Center Insurance Total
Assets:
Current assets:
Cash and investments $ 1,186 12,540 13,726
Accounts receivable and accrued revenue(net) 137 2,330 165 540 3,172
Inventories 9 9
Are from other funds 97 97
Notes receivable 1,659 1,659
Prepaid iters and deposits 57 134 191
Total current assets 1,486 16,663 165 540 18,854
Capital assets:
Nondepreciable 9,539 4,702 14,241
Depreciable,net 17,750 12,879 46 30,675
Total Assets $ 28,775 34,244 211 540 63,770
liabilities and Net Assets
Liabilities:
Current liabilities:
Accounts payable and accrued liabilities $ 242 2,071 124 4 2,441
Accrued interest 54 54
Due to other funds 205 745 443 1,393
Deferred revenue 7,706 7,706
Current portion of long-term debt 670 37 2 709
Total current liabilities 1,171 9,814 871 447 12,303
Noncurrent portion of long-term liabilities:
Capital lease obligations 1,546 1,546
Compensated absences 46 330 15 391
Bonds and notes payable 734 185 919
Total noncurrent portion of long-term liabilities 2,326 515 15 2,856
Total liabilities 3,497 10,329 886 447 15,159
Net Assets:
Invested in capital assets,net of related debt 24,345 17,581 46 41,972
Unrestricted 933 6,334 (721) 93 6,639
Total Net Assets 25,278 23,915 (675) 93 48,611
Total liabilities and Net Assets S 28,775 34,244 211 540 63,770
*Housing Authority Funds reported as of March 31,2002
124
COUNTY OF CONTRA COSTA
COMBINING STATE WENT OF REVS JES,EXPENSES AND CHANGES IN FUND NET ASSETS
NONMAJOR ENTERPRISE FUNDS
FOR THE YEAR ENDED JUNE 30,2002*
(In Thousands)
Sheriff Law Major
Housing Enforcement Risk Medical
Airport Authority Lmhun Center Insurance Total
Operating Revenues:
Charges for services $ 3,002 3,536 200 931 7,669
Other revenue 130 944 1,074
Total Operating Revenues 3,132 � 4,480 200 931 8,743
Operating Expenses:
Salaries and employee benefits 1,015 479 1,494
Services and supplies 824 591 931 2,346
Other charges 279 61,942 32 62,253
Depreciation 1,887 2,952 4,839
Total Operating Expenses 4,005 64,894 1,102 931 70,932
Operating income(loss) (873) (60,414) (902) 6( 2,189)
Nonoperating Revenues(Expenses):
State and federal grants 130 59,459 242 59,831
. -. Investment income 23 271 294
Interest
expense (293) `...�� (437)
Total Nonoperating Revenue(Expenses) (140) 59,586 242 59,688
Loss Before Transfers (1,013) (828) (660) (2,501)
Transfers out (55) (15) (70)
Change in Net Assets (1,068) (828) (675) (2,571)
Net Assets at Beginning of Year,as Previously Reported 25,367 26,365 93 51,825
Adjustments to beginning net assets 979 (1,622) (643)
Net Assets at Beginning of Year,as Restated 26,346 24,743 93 51,182
Net Assets at End of Year $ 25,278 23,915 (675) 93 48,611
*Housing Authority Funds reported as of March 31,2002.
125
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COUNTY OF CONTRA COSTA
COMBINING STATEMENT OF CASH FLAWS
NONMAJOR ENTERPRISE FUNDS
FOR THE FISCAL YEAR.ENDED JUNE 30,2002*
(In Thousands)
Sheriff Law Major
Housing Enforcement Risk Medical
Airport Authority Training Center Insurance Total
Cash Flows from Operating Activities:
Cash received from customers/other fluids $ 3,013 11,615 35 1,142 15,805
Cash payrnent to suppliers for goods and services (1,083) (58,351) (233) (1,465) (61,132)
Cash payment to employees far services (1,012) (6,195) (432) (7,639)
Net Cash Provided by Operating Activities 9185( 2,931) (630) (323) 52,966
Cash flows from Noncapital Financing Activities:
State and federal grants 130 59,459 242 59,831
Transfers paid (55) (15) (70)
Due to other fiords 449 323 772
Net Cash Provided by(Used for)Noncapital
Financing Activities 75 59,459 676 323 60,533
Cash Flows from Capital and Related
Financing Activities
Acquisition and construction of capital assets (123) (2,048) (46) (2,217)
Interest paid (205) (205)
Lease purchase obligation principal payment (600) (600)
Principal paid on bonds and certificates {60) (60)
Net Cash Used in Capital and Related
Financing Activities {988) 2,048) (46) (3,082)
Cash Flows from Investing Activities:
Interest received on investments 23 271 294
Investments,net (321) (321)
Net Cash Provided by(Used in)Investing Activities 23 (50) (27)
Net Increase in Cash and Cash Equivalents 28 4,430 4,458
Cash and Cash Equivalents at Beginning of Year 1,158 8,110 9,268
Cash and Cash Equivalents at End of Year $ 1,186 12,540 13,726
Reconciliation of Operating Loss to Net Cash
Provided by(Used for)Operating Activities:
Operating Less $ (873) (60,414) (902) (62,189)
Adjustments to Reconcile Operating Loss to
Net Cash Provided by(Used for)Operating Activities:
Depreciation 1,887 2,952 4,839
Changes in operating assets and liabilities:
Decrease(increase;)in:
Accounts receivable and accrued revenue (124) (1,487) (165) 211 (1,565)
Inventories 8 8
Due from other funds 5 5
Prepaid iters and deposits 1 49 50
Increase(decrease)in:
Accounts payable and accred liabilities 7 (33) 124 3 101
Employee benefits payable (3) 77 17 91
Due to other funds 10 296 (537) (231)
Deferred revenue 5,925 5,925
Net Cash Provided by(Used in)Operating Activities $ 9185( 2,931) (630) 323 52,966
Noncash capital financing activities(Airport):
Accrued interest $ 87
Lease discount amortization 33
Capital asset adjustment 9
*Housing Authority Funds reported as of March 31,2002.
126
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INTERNAL SERVICE FUNDS
SELF-INSURANCE FUNDS
These Funds are established to account for administrative costs and for payments of claims under the various insurance
programs. Revenues are primarily premiums paid by other operating funds and interest on investments. The insurance
programs are:
Employee Dental Insurance
Employee Medical Insurance—Fund terminated as of June 30,2002
Long-Term Disability Insurance(Management Employees)
Workers'Compensation Insurance
• County General
+ Fire Protection
Automotive Liability Insurance
Public(General)Liability Insurance
State Unemployment Insurance
Medical Liability Insurance
Special District Property Insurance
127
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COUNTY OF CONTRA COSTA
CONHW41[NG BALANCE SHEET
INTERNAL SERVICE FUNDS
JUNE 30,2002
(In Thousands)
Employee Employee Long-Term
Dental Medical Disability
Innce Insurance Insurance
Assets:
Cash and investrnents $ 1,892 1,829
Accounts receivable and accrued revenue(net)
Due from other fluids 72
Total Assets $ 1,892 72 1,829
IlA ities and Equity
Liabilities:
Due to other funds $ 43 72 26
Claims payable
CLMWA 472
Noncurrent 425
Total Liabilities 515 72 451
Net Assets:
Unrestricted net assets 1,377 1,378
Total Liabilities and Net Assets $ 1,892 72 1,829
128
Workers' Workers'
Compensation Compensation Special
Insurance Insurance Automotive Public State Medical District
County Fire Liability Liability Unemployment Liability Property
General Protection Insurance Insurance Insuuance Insurance Insurance Total
33,291 7,062 2,054 28,247 2,352 3,503 635 80,865
1,534 126 75 80 1y815
73 1,674 I 1,820
34,825 7,188 2,127 29,996 2,432 3,503 636 84,500
717 133 255 16 13 1,275
- 13,434 1,313 390 1,987 221 1,262 19,079
38,995 6,425 1,515 22,251 6,365 75,976
53,146 7,871 1,905 24,493 237 7,640 96,330
(18,321) (683) 222 5,503 2,195 (4,137) 636 (11,830)
34,825 7,188 2,127 29,996 2,432 3,503 636 84,500
129
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COUNTY OF CONTRA COSTA
COMBINING STATEMENT OF REVENUES,EXPENSES AND CHANGES IN FUND NET ASSETS
INTERNAL SERV110E,FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(in Thousands)
Employee Employee Long-Term
Dental Medical Disability
Insurance Insurance Insurance
Operating Revenues:
Charges for services $ 7,358
Other revenue 72
Total Operating Revenues 7,358 72
Operating Expenses:
Services and supplies 499 104
Benefit and claim expense 6,577 943
Total Operating Expenses 7,076 1,047
Operating hWOtM(LAM) 282 72 (1,047)
Nonoperating Revenues:
State and federal Wants
Investment income 28 64
hwmm(Loss)Before Transfers 310 72 (983)
Transfers in
Transfers out
Changes in Net Assets 310 72 (983)
Net Assets at Beginning of Year,as Previously Reported 1,067 683 2,361
Adjustments to beginning net assets (755)
Net Assets at Beginning of Year,as Restated 1,067 (72) 2,361
Net Assets at End of Year 1,377 1,378
130
Workers' Workers'
Compensation Compensation Special
In aunce Insurance Automotive Public State Medical District
County Fine Liability liability Unemployment Liability Property
General Protection Insurance Insurance Insurance Insurance Insurance Total
14,233 1,546 547 6,561 902 282 31,429
964 1,036
14,233 1,546 547 6,561 902 964 282 32,465
2,742 295 93 4,397 36 1,275 177 9,618
25,096 3,695 551 5,173 542 (2) 131 42,706
27,838 3,990 644 9,570 578 1,273 308 52,324
(13,605) (2,444 (97) (3,009) 324 (309) (26) (19,859)
10 10
1,806 267 1,045 50 4 13 3,277
(11,799) (2,167) (97) (1,964) 374 (305) (13) (16,572)
3,000 3,000
(11,799) (2,167) (97) (1,964) 374 2,695 (13) (13,572)
(6,522) 1,484 319 7,467 1,821 (6,832) 649 2,497
(755)
(6,522) 1,484 319 7,467 1,821 (6,832) 649 1,742
(18,321) (683) 222 5,503 2,195 (4,137) 636 (11,830)
131
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COUNTY OF CONTRA COSTA
COMBINING STATEMENT OF CASH FLOWS
INTERNAL SERVICE FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Employee Employee Long-Term
Dental Medical Disability
Insurance Insurance Insurance
Cash flows from operating activities:
Cash received from customers/other funds $ 7,358 176
Cash payment to suppliers for goods and services (7,114) (662) (1,068)
Net Cash Provided by(Used for)Operating Activities 244 (486) (1,068)
Cash Flows from Noncapital Financing Activities:
State and federal grants
Transfers received
Due to other finds 72
Net Cash Provided by(Used for)Noncapital Financing Activities 72.
Cash Flows from Investing Activities:
Interest received on investments 28 64
Net Cash Provided by Investing Activities 28 64
Net Increase(Decrease)in Cash and Cash Equivalents 272 (414) (1,004)
Cash and Cash Equivalents at Beginning of Year 1,620 414 2,833
Cash and Cash Equivalents at End of Year $ 1,892 1,829
Reconciliation of Operating Income to Net Cash
Provided by(Used for)Operating Activities:
Operating Income(Loss) $ 282 72 (1,047)
Adjustments to reconcile operating income(loss)
to net cash provided by operating activities:
Changes in operating assets and liabilities:
Decrease(increase)in:
Accounts receivable and accrued revenue 77
Due from other funds 27
Increase(decrease)in:
Accounts payable and accrued liabilities (23)
Due to other funds (38) (662) 2
Net Cash Provided by(Used for)Operating Activities 244 (1,068)
132
..............................
Workers' Workers'
Compensation Compensation Special
Insurance Insurance Automotive Public State Medical District
County Fire Liability Liability Unenvloyn=t Liability Property
General Protection Insurance Insurance Insurance Insurance Insurance Total
13,643 1,517 510 4,900 896 970 283 30,253
(29,003) (2,504) (239) (4,557) (582) (2,243) (328) (38,300)
(5,360) (987) 271 343 314 (1,273) (45) (8,047)
10 10
3,000 3,000
72
10 3,000 3,082
1,806 267 1,045 50 4 13 3,277
1,806 267 1,045 50 4 13 3,277
-- (3,554) (710) 271 1,388 364 1,731 (32) (1,688)
36,845 7,772 1,783 26,859 1,988 1,772 667 82,553
33,291 7,062 2,054 28,247 2,352 3,503 635 80,865
- (13,605) (2,444) (97) (3,009) 324 (309) (26) (19,859)
(590) (29) 13 (6) 6 1 (528)
(37) (1,674) (1,68-4)
9,194 1,422 414 4,983 (956) 15,034
(359) 64 (9) 30 (4) (14) (20) (1,010)
(5,360) {987) 271 343 314 (1,273) (45)
133
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FIDUCIARY FUNDS
AGENCY FUNDS
TAX LOSSES RESERVE
This Fund was established as a reserve for all delinquent secured taxes. It accumulates gains from tax
sales and specified amounts of penalties and interest collected on delinquent secured taxes to cover
--- possible future losses on the sale of tax-deeded property.
UNAPPORTIONED TAXES
These Funds account for unsecured taxes receivable, delinquent secured taxes, amounts which are
impounded because of disputes or litigation and amounts held pending authority for apportionment.
OTHER AGENCIES
These Funds account for assets held by the County for individuals, private organizations and other
governmental units. These funds include payroll deduction clearing and collections clearing funds.
135
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COUNTY OF CONTRA COSTA
S1 ATEMENT OF CHANGES IN FI]DICUARY ASSETS AND LIABILMES
AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Balance Balance
July 1,2001 Additions Deductions June 30,2002
Tax Losses Reserve:
Assets:
Cash and investments 20,204 9,068 8,160 21,112
Due from other Rinds 4,103 5,983 4,103 5,983
Total Assets 24,307 15,051 12,263 27,095
Liabilities:
Due to other fiords 59 63 59 63 ----------
Tax loss guarantees 24,248 10,240 7,456 27,032
Total Liabilities 24,307 10,303 7,515 27,095
Unapportioned Taxes:
Assets: ..........
Accounts receivable 8,490 73,652 81,176 966
Due fi-orn other funds 4,581 6,482 11,012 51
Taxes receivable 117,045 1,399,192 1,388,764 127,473
Total Assets 130,116 1,479,326 1,480,952 128,490
liabilities:
Accounts payable $ 26,325 35,347 32,702 29,970
Due to other funds 27,580 7,323 17,342 17,561
Unapportioned taxes 76,211 1,356,158 1,350,410 81,959
Total Liabilities 130,116 1,398,828 1,400,454 128,490
Other Agencies As Restated:
Assets:
Cash and investments 114,976 1.577,905 1,584,402 108,479
Accounts receivable 21,987 20,451 31,657 10,781
Due from other funds 5,162 17,801 19,200 3,763
Total Assets 142,125 1,616,157 1,635,259 123,023
Liabilities:
Warrants outstanding $ 34,829 584,625 579,321 40,133
Accounts payable 9,027 651,030 654,506 5,551
Due to other funds 31,411 20,529 44,221 7,719
Due to other agencies and districts 66,858 297,584 294,822 69,620
Total Liabilities 142,125 1,553,768 1,572,870 123,023
(continued)
136
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COUNTY OF CONTRA COSTA
STATEMENT OF CHANGES IN F MCUARY ASSETS AND uABu ITIES
AGENCY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Balance Balance
July 1,2001 Additions Deductions June 30,2002
ToW&Agency Funds:
Assets:
- Cash and investments $ 135,180 1,586,973 1,592,562 129,591
Accounts receivable 30,477 94,103 112,833 11,747
Due from other frulds 13,846 30,266 34,315 9,797
Taxes receivable 117,045 1,399,192 1,388,764 127,473
Total Assets $ 296,548 3,110,534 3,128,474 278,608
- Liabilities:
Warrants outstanding $ 34,829 584,625 579,321 40,133
Accounts payable 35,352 686,377 687,208 34,521
Due to other fiords 59,050 27,915 61,622 25,343
Unapportioned taxes 76,211 1,356,158 1,350,410 81,959
Tax loss guarantees 24,248 10,240 7,456 27,032
Due to other agencies and districts 66,858 297,584 294,822 69,620
Total liabilities $ 296,548 2,962,899 2,980,839 278,608
(concluded)
137
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.........................................................................
CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS
139
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COUNTY OF CONTRA COSTA
CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS
SCHEDULE OF FUNDING SOURCES
JUNE 30,2002
On Thousands)
General Capital Assets:
Land $ 60,108
Buildings and improvements 313,765
Buildings and improvements-lease purchases 131,974
Equipment 94,348
Equipinmt-lease purchase 8,367
Infi-astructure 304,094
Construction in progress 53,502
Total Governmental Funds Capital Asset 966,158
Investments in Capital Assets from
General obligation bonds 10,240
Federal grants 45,153
State grants 79,409
Ckneral fund 386,134
Special revenue finds 442,119
Other government agencies 1,667
Gifts 1,436
Total Governmental Funds Capital Assets 966,158
141
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COUNTY OF CONTRA COSTA
CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS
SCHEDULE BY FUNCTION AND ACTIVPIY
JUNE 30,2002
(In Thousands)
Building&
Buildings& Improvements
Improve- Lease
Function and Activity Total Land rents Purchases EquiLrwiq
General Government:
Legislative
and adnvnistrative $ 476 476
Finance 1,008 9 849
Counsel 47 47
Personnel 61 61
Elections 1,849 1,849
Convr>unications 4,339 13 3,665
Property nunagerent 22,462 1,092 1,694 18,585
Plant acquisition 461,267 54,396 245,050 130,280 490
Other general 6,826 5,312
Total General Government 498,335 54,396 246,164 131,974 31,334
Public Protection:
Judicial 1,503 1,485
Police protection 13,585 7 874 10,612
Detention and correction 35,536 1,492 30,988 1,320
Fire protection 46,184 2,020 16,862 27,302
Flood control 149,457 177 24 1,014
Protective inspection 2,308 2,207
Other protection 4,777 2,606 2,151
Total Public Protection 253,350 3,696 51,354 46,091
Health and Sanitation:
Health 2,421 6 2,078
Hospital care 817 141 631
Sanitation 1,006 924 82
Total Health and Sanitation 4,244 141 930 2,791
Public Assistance:
Assistance administration 3,213 2,984
Aid programs 340 74
Veteran's services 7 7
Other assistance 2,944 888 1,126 914
Total Public Assistance 6,504 888 1,126 3,979
Education:
Library services 7,231 349 5,572 1,310
Agricultural education 6 6
Total Education 7,237 349 5,572 1,316
Public Ways and Facilities:
Public ways 191,632 141 4,285 8,812
Total Public Ways and Facilities 191,632 141 4,285 8,812
Recreation and Cultural Services:
Veteran's rerarial buildings 25 25
Recreation facilities 4,831 497 4,334
Total Recreation and Cultural Services 4,856 497 4,334 25
Total General Capital Assets $ 966,158 60,108 313,765 131,974 94,348
142
Equipnrnt
Lease Construction
Purchases ln�ure in Progress
150
661
1,091
31,051
1,514
3,416 31,051
18
2,092
1,736
133,861 14,381
101
20
3,967 133,861 14,381
337
45
382
229
266
16
511
91 170,233 8,070
91 170,233 8,070
8,367 304,094 53,502
143
COUNTY OF CONTRA COSTA
CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS
SCHEDULE OF CHANGES BY FUNCTION AND Acnvny
FOR THE FISCAL YEAR ENDED JUNE 30,2002
(in Thousands)
Balance
July 1,2001 Balance
Function and Activity (as restated) Additions Deletions Transfers June 30,2002
General Government:
Legislative and administrative S 693 46 (251) (12) 476
Finance 1,951 171 (1,114) 1,008
Counsel 109 (62) 47
Personnel 122 (61) 61
Elections 1,626 339 (125) 9 1,849
Communications 4,058 423 (142) 4,339
Property nianagernent 21,372 2,647 (1,522) (35) 22,462
Plant acquisition 411,185 50,347 (74) (191) 461,207
Promotion 3 (3)
Other general 6,294 817 (281) (4) 6,826
Total General Government 447,413 54,790 (3,635} 498,335
Public Protection:
1,503
1,801 334 (632)
Judicial
Police protection 13,902 1,374 (1,960) 269 13,585
Detention and correction 37,599 50 (2,118) 5 35,536
Fire protection 41,429 6,719 (1,964) 46,184
Flood control 149,318 184 (45) 149,457
2,432 367 (491) 2,308
Protective inspection 5,419 135 4.777
Other protection
Total Public Protection 251,900 9,163 (7, 247 253,350
Health and Sanitation:
Health 2,715 188 (482) 2,421
California children's services 16 (16)
Hospital care 949 103 (221) (14) 817
1,006
Sanitation 1,010 -- -
Total Health and Sanitation 4.690 291 (14) 4,244
Public Assistance: (1,133) 3,213
Assistance administration 3,279 1,067
Aid program 167 257 (84) 340
Veteran's services is (8)
3,193 116 ____.�365) 2,
Other assistance
Total Public Assistance 6,654 1,440
Education:
635 (117) 7,231
Library services 6,713 6
Agricultural education 6
7,237
Total Education 635 (117)
Public Ways and Facilities: 170,533 2 (7 191,632_
Public ways
Total Public Ways and Facilities12IL3L 191,632
Recreation and Cultural Services:
25
Veteran's memorial buildings 25
,
Recreation facilities 4 333 498
4,831
, 498
4,856
Total Recreation and Cultural Services 4 358
Total Governmental Funds Capital Assets 892 966,158
267 88,677 4,786)
144
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■
■
� SECTION
COUNTY OF CONTRA COSTA
GOVERNMENT-WIDE EXPENSES BY FUNCTION
GOVERNMENTAL ACTIVITIES
FISCAL YEAR ENDED JUNE 30,2002
(In Thousands)
Percentage
Function Amount of Total
General government $ 115,534 10.5%
Public protection 365,757 33.0
Health and sanitation 184,109 16.7
Public assistance 328,450 29.8
Education 16,364 1.5
Public ways and facilities 56,197 5.1
Recreation and culture 793 0.1
Interest on debt 36,340 3.3
$ 1,103,544 100.0%
- 147
.................................... ................... ..........-.....
COUNTY OF CONTRA COSTA
GOVERNMENT-WIDE REVENUES
GOVERNMENTAL ACTIVITIES
FISCAL YEAR ENDED JUNE 30,2002
(in Thousands)
Percentage
Program Revenues Amount of Total
Charges for services
$ 250,536 21.4%
Operating grants and contributions 544,900 46.5
Capital grants and contributions 12,573 1.1
General Revenues
Taxes 238,684 20.4
Grants/contributions not restricted 77,741 6.6
Investment earnings 27,035 2.3
Other 20,158 1.7
Total Program and General Revenues 1,171,627 100.0%
148
COUNTY OF CONTRA COSTA
GENERAL COUNTY REVENUES BY SOURCE
LAST TEN FISCAL YEARS
_. (In Thousands)
Fiscal Licenses, Fines,
Year Permits& Forfeitures Use of Charges
Ended Franchise and Money and Inter- for
June 30, Taxes Fees Penalties _._.:perty . ;ovemmental Services Okher Totall
1993 $ 226,565 14,445 6,728 27,280 367,112 92,866 7,693 742,689
1994 173,384 12,529 12,654 27,953 448,668 102,545 14,750 792,483
1995 167,185 13,332 21,306 30,600 478,350 140,354 I4,923 866,050
1996 179,431 14,569 20,477 33,903 470,211 130,087 21,360 870,038
1997 184,805 14,265 17,343 35,457 469,257 127,208 25,585 873,920
1998 179,331 14,194 16,249 42,168 471,208 130,468 19,844 873,462
1999 192,915 16,221 17,088 40,649 502,908 145,210 27,283 942,274
2000 204,383 20,395 19,000 37,956 564,289 169,240 35,020 1,050,283
_ 2001 296,644 25,749 18,296 43,632 490,842 188,545 27,166 1,090,874
2002 322,635 35,277 18,525 23,764 545,724 196,588 94,280 1,236,793
NOTE: Includes all govenvrnental fiuid types.
149
COLTNIY OF CONTRA COSTA
GENERAL COUNTY EXPENDITURES BY FUNCTION
LAST TEN FISCAL YEARS
(In Thousands)
Fiscal
Year Public Debt
Ended General Public Health& Public Ways& Service
June 30, Government Protection Sanitation Assistance Education Facilities &Other Total
1993 $ 66,211 226,248 136,933 239,151 11,342 41542 27,068 749,495
1994 66,008 229,263 154,556 275,713 9,260 34,743 40,817 810,360
1995 69,828 270,099 157,787 293,294 9,394 35,336 80,156 915,894
1996 84,137 257,933 138,243 286,457 12,878 39,536 72,515 891,699
1997 79,195 272,415 132,432 272,163 11,439 32,566 65,904 866,114
1998 85,786 266,707 147,867 268,633 11,774 33,071 76,088 889,926
1999 108,963 287,538 157,041 289,570 12,828 45,855 72,385 974,180
2000 101,772 307,260 164,142' 302,690 14,216 50,508 84,363 1,024,951
2001 106,380 325,821 161,220 294,317 14,589 54,611 79,084 1,036,022
2002 130,351 378,011 182,164 337,673 16,367 88,830 95,164 1,228,560
NOTE: Includes all govemtriental fiord types. Health and Sanitation includes operating transfers to the
County Hospital and HMO Enterprise Funds($37,187,000 for fiscal year 2001-2002).
150
COUNTY OF CONTRA COSTA
GENERAL COUNTY REVENUES BY SOURCE-
CONSTANT DOLLARS(1)(2)
LAST TEN FISCAL YEARS
(In Thousands)
Fiscal Licenses, Fines,
Year Permits& Forfeitures Use of Chanes
Ended Franchise and Money and Inter- For
June 30, Taxes Fees Penalties Property governmental Services Other Total
1993 $ 156,478 9,977 4,647 18,841 253,548 64,138 5,313 512,942
1994 117,716 8,506 8,591 18,978 304,615 69,621 10,014 538,041
1995 111,290 8,875 14,183 20,369 318,422 93,429 9,934 576,502
1996 117,301 9,524 13,387 22,164 307,394 85,043 13,964 568,777
1997 117,287 9,053 11,007 22,503 297,815 80,733 16,238 554,636
_ 1998 110,087 8,713 9,975 25,886 289,262 80,091 12,182 536,196
1999 114,083 9,593 10,105 24,038 297,403 85,872 16,134 557,228
2000 115,962 11,572 10,780 21,535 320,164 96,023 19,870 595,906
2001 159,332 13,830 9,827 23,435 263,638 I01,270 14,591 585,923
2002 173,292 18,948 9,950 12,764 293,116 105,590 50,639 664,299
- - NOTES: (1)Includes all governmental fiend types.
(2)The infomration for the years 1993 through 2002 has been adjusted using the average Consumer
Price Index-Urban for each year with a base point of December, 1983,equal to 100.
151
COUNTY OF CONTRA COSTA
GENERAL. COUNTY EXPENDCT WS BY FUNCTION-CONSTANT DOLLARS(1)(2)
LAST TEN FISCAL YEARS
{In Thousands)
Fiscal
Year Public Debt
Ended General Public Health& Public Ways& Service
June 30, Government Protection Sanitation Assistance Education Facilities &Other Total
1993 $ 45,729 156,259 94,574 165,171 7,833 29,382 18,695 517,643
1994 44,815 155,654 104,933 187,191 6,287 23,588 27,712 550,180
1995 46,482 179,796 105,034 195,236 6,253 23,522 53357 609,680
1996 55,003 168,620 90,375 187,268 8,419 25,846 47,406 582,937
1997 50,261 172,889 84,048 172,729 7,260 20,668 41,826 549,681
1998 52,662 163,724 90,772 164,907 7,228 20,301 46,708 546,302
1999 64,437 170,040 92,869 171,242 7,586 27,117 42,806 576,097
2000 57,743 174,332 93,130 171,739 8,066 28,657 47,866 581,533
2001 57,138 175,003 86,594 158,082 7,836 29,332 42,477 556,462
2002 70,013 203,035 97,843 181,369 8,791 47,7€2 51,114 659,877
NOTES: (1)Includes all governmental fund types. Health and Sanitation includes operating transfers to the County Hospital and
HMC'Enterprise Funds in cm=t dollars($19,973,000 for fiscal year 2001-2002).
(2)The infomration for the years 1993 through 2002 has been adjusted using the average Consurner Price Index-Urban
for each year with a base point of December, 1983,equal to 100.
152
..............I............................................................................................................................................................................
.....................................................................
COUNTY OF CONTRA COSTA
ASSESSED VALUE OF TAXABLE PROPERTY(1)
LAST TEN FISCAL YEARS
(In Thousands)
Assessed Value Net Increase
Fiscal
Year Assessed
Ended Rim] Personal Value of Taxable Per-
June 30, Property Property Total Exemptions property Amount
tentage
1993 59,800,740 $ 2,501,057 62,301,797 908,476 $ 61,393,321 $ 2,971,134 5.09 %
1994 61,824,575 2,685,105 64,509,680 1,081,984 63,427,696 2,034,375 3.31
1995 63,992,943 2,406,789 66,399,732 1,105,367 65,294,365 1,866,669 2.94
1996 65,949,619 2,417,931 68,367,550 1,221,088 67,146,462 1,852,097 2.94
1997 67,846,683 2,657,824 70,504,507 1,262,407 69,242,100 2,095,638 3.12
1998 69,194,267 2,513,679 71,707,946 1,393,145 70,314,801 1,072,701 1.55
1999 72,525,051 2,728,990 75,254,041 1,554,486 73,699,555 3,384,754 4.81
2000 77,475,617 2,495,049 79,970,666 1,683,078 78,287,588 4,588,033 6.23
2001 83,329,641 2,936,004 86,265,645 1,637,667 84,627,978 6,340,390 8.10
2002 92,091,316 3,350,098 95,441,414 1,951,214 93,490,200 8,862,222 10.47
NOTE: (1) Article X[11A,added to California Constitution byifi
RDpos on 13 in 1978,fixed the base for valuation of property
subject to taxes at the full cash value which appeared on the Assessor's 1975-76 assessment roll. Thereafter,ftill
cash value can be increased: a)to reflect annual inflation up to 2 percent; b)to reflect current market value at
tinx of ownership change;and c)to reflect market value for new construction.
153
....... ._....... ......... ......... ...............................
......... ......... ......... ........... .. .._.. ....
COUNTY OF CONTRA COSTA
GENERAL TAXES LEVIED AND COLLECMD
LAST TEN FISCAL YEARS
Fiscal Year
Ended General Taxes General Taxes
.lune 30, Levied(1) Collected(2)
1993 $ 613,933,210 S 613,933,210
1994 634,276,960 634,276,960
1995 652,943,650 652,943,650
1996 671,464,620 671,464,620
1997 692,421,000 692,421,000
1998 703,148,010 703,148,010
1999 736,995,550 736,995,550
2000 782,875,880 782,875,880
2001 846,279,780 846,279,780
2002 934,902,000 934,902,000
NOTES: (1) General taxes are calculated at 1 percent of total assessed value less local exemptions. -
(2) General County taxes collected are the same as the amounts levied,because the County follows
California's alternate method of apportionrnemt (the Teeter Plan). Under the Teeter Plan, all
amounts levied are apportioned to the County and other taxing agencies regardless of whether
they are collected in the current year or not. A Tax Losses Reserve Fund insures losses resulting
when a property is sold for taxes, and the proceeds are insufficient to pay the outstanding
amounts due.
154
COUNTY OF CONTRA COSTA
SPECIAL ASSESSMENTS LEVIED AND COLLECTED
LAST TEN FISCAL YEARS(1)
Fiscal Year
Ended Special Assessments Special Assessments
June 30, Levied(2) Collected(3)
1995 $ 4,809,648 $ 4,809,648
1996 3,693,552 3,693,552
1997 3,232,099 3,232,099
1998 2,946,192 2,946,192
1999 3,155,064 3,155,064
2000 3,027,937 3,027,937
2001 3,030,800 3,030,800
2002 2,600,958 2,600,958
NOTES: (1) Data for this schedule are provided for years in which special assessment debt with government
corrmtment has been reported separately in the CAFR Data are not available for years prior to fiscal year
19941995.
(2) Special assessments are amounts levied to pay special assessment debt with govenunent commitment.
(3) Special assessments collected are the same as the amounts levied,because the County follows California's
alternate method of apportionment (the Teeter Plan). Under the Teeter Flan, all amounts levied are
apportioned to the County and other taxing agencies regardless of whether they are collected in the current
year or not. A Tax Losses Reserve Fund insures losses resulting when a property is sold for taxes,and the
proceeds are insufficient to pay the outstanding amounts due.
155
COUNTY OF CONTRA COSTA
PROPERTY TAX RATES(1)
DIRECT AND OVERLAPPING GOVERNMENTS
LAST TEN FISCAL YEARS
Fiscal Year County- County Local
Ended wide Special Special Agency
June 30, Rate Districts Districts Districts Schools Cities Total
1993 1.0000 .0011 .0071 .0345 .0153 .0192 1.0772
1994 1.0000 .0011 .0068 .0321 .0190 .0143 1.0733
1995 1.0000 .0010 .0071 .0314 .0206 .0147 1.0748
1996 1.0000 .0010 .0068 .0338 .0223 .0153 1.0792
1997 1.0000 .0010 .0064 .0309 .0263 .0148 1.0794
1998 1,0000 .0009 .0063 .0304 .0297 .0142 1.0815
1999 1.0000 .0008 .0061 .0262 .0342 .0139 1.0812
2000 1.0000 .0006 .0055 .0091 .0334 .0135 1.0621
2001 1.0000 .0006 .0047 .0067 .0318 .0131 1.0569
2002 1.0000 .0005 .0044 .0074 .0357 .0133 1.0613
NOTE: (1)In June, 1978, California voters approved Proposition 13 which restricted the taxing power of local
government agencies. Individual agencies do not establish their own property tax rates,except for voter
approved indebtedness. Instead,a countywide rate is levied with the proceeds distributed to all agencies
according to formulas specified by the State legislature. The countywide rate is I percent of frill cash
value($1 per$100 of taxable assessed valuation). The rates shown above are percentages of assessed
valuation.
156
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COUNTY OF CONTRA COSTA
PROPERTY TAXES
DIRECT AND ALL OVERLAPPING GovERNmENTS
LAST TEN FISCAL.YEARS
(In Thousands)
Fiscal Year County Local
Ended Special Special Redevelopment
June 30, Courrty Districts Districts Schools Cities Agency Totals
1993 S 155,713 65,974 134,037 278,128 125,246 56,494 815,592
1994 101,541 75,565 143,162 335,343 127,425 58,774 841,810
1995 97,074 75,845 147,215 364,439 132,043 58,766 875,382
1996 100,025 78,752 157,323 374,506 136,030 59,137 905,773
1997 102,991 81,617 157,386 383,348 137,713 61,122 924,177
1998 103,519 84,097 169,578 390,822 134,065 62,598 944,679
1999 109,632 79,057 178,329 416,242 139,426 65,433 988,119
2000 115,829 81,995 176,174 444,126 144,964 71,203 1,034,291
2001 123,479 90,555 188,040 479,738 154,298 78,553 1,114,663
2002 134,411 98,966 213,930 535,689 168,551 93,530 1,245,077
NOTE: This schedule shoms the property tax levies by major group of taking agencies.
157
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158
CC>L1NTY OF CONTRA COSTA
RATIO OF NET GENERAL BONDED DEBT
TO ASSESSED VALUE AND NET BONDED DEBT PER CAPITA(1)
LAST TEN FISCAL,YEARS
Fiscal Ratio Of Net
Year Assessed Value Gross Debt Service Net Bonded Debt Net Bonded
Ended of Taxable Bonded Monies Borated To Assessed Debt Per
June 30, Population Property Debt Available Debt Value Capita
1993 855,109 $ 61,393,320,000 $ 37,650,000 $ 39,997 $ 37,610.003 0.061 43.98
1994 868,600 63,427,697,000 374,392,000 1,233,000 373,159,000 0.588 429.61
1995 883,390 65,294,365,000 373,161,000 2,616,000 370,545,000 O567 419.46
1996 870,724 67,146,462,000 366,517,000 2,371,000 364,146,000 0.542 418.21
1997 879,206 69,242,100,000 360,830,000 2,513,000 358,317,000 0.517 407.55
1998 900,688 70,314,801,000 352,965,000 2,766,000 350,199,000 0.498 388.81
1999 916,403 73,699,555,000 317,695,000 2,711,000 314,984,000 0.427 343.72
2000 930,025 78,287,588,000 304,635,000 3,857,000 300,778,000 0.384 323.41
2001 972,103 84,627,978,000 299,270,000 10,656,000 288,614,000 0.341 296.90
2002 981,555 93,490,200,000 282,905,000 7,875,000 275,030,000 0.294 280.20
NOTE:(1) Does not include Public Financing Authority debt,Public Facilites Corporation debt,Redevelopment Agency debt
nor special assessment debt with govemnient corm bnent.
159
COUNTY OF CONTRA COSTA
PROPERTY VALUE,CONSTRUCTION AND BANK DEPOSITS
LAST TEN FISCAL YEARS
New Dwelling Units(1) Construction Valuation
Fiscal Year
Ended Single Multiple Non- Bank
June 30, Family Family Residential Residential Deposits(2)
1992 3,279 614 638,714,000 $ 207,099,000 $ 9,102,176,000
1993 3,026 451 590,000,000 183,156,000 11,462,467,000
1994 3,682 230 583,734,000 164,684,000 12,804,748,000
1995 3,137 618 619,685,000 190,443,000 13,193,883,000
1996 3,080 450 584,108,000 170,069,000 14,194,988,000
1997 3,105 381 582,793,000 180,794,000 15,210,082,000
1998 3,144 999 738,939,000 235,905,000 15,500,256,000
1999 3,909 504 852,256,000 234,752,000 17,746,965,000
2000 3,692 1,071 841,990,000 328,854,000 19,744,740,000
2001 4,144 776 921,370,000 340,959,000 19,042,604,000
Source(1) Economic Sciences Corp: 1991-2001
(2) Federal Deposit Insivance Corporation - Bank Deposits have been restated to include
deposits from all institutions.
NOTE: Information for the fiscal year ended June 30,2002 is not yet available.
160
Assessed Value of Taxable Property
Residential Conwiercial Industrial Land Total
$ 37,770,532,000 $ 7,656,657,000 $ 11,889,885,000 $ 1,105,112,000 $ 58,422,186,000
40,184,960,000 7,655,329,000 12,413,013,000 1,140,017,000 61,393,319,000
42,295,193,000 7,602,074,000 12,357,698,000 1,172,732,000 63,427,697,000
43,971,060,000 7,556,205,000 12,591,768,000 1,175,332,000 65,294,365,000
45,312,034,000 7,448,151,000 13,281,211,000 1,105,065,000 67,146,461,000
46,568,404,000 8,805,645,000 12,775,064,000 1,092,987,000 69,242,100,000
47,836,713,000 9,456,047,000 11,924,385,000 1,097,656,000 70,314,801,000
50,500,004,000 9,865,342,000 12,187,476,000 1,146,733,000 73,699,555,000
54,364,322,000 10,563,204,000 12,026,728,000 1,333,334,000 78,287,588,000
59,629,822,000 11,590,814,000 11,955,053,000 1,452,289,000 84,627,978,000
161
COUNTY OF CONTRA COSTA
RATIO OF ANNUAL DEBT SERVICE EXPENDITURES FOR GENERAL
BONDED DEBT TO TOTAL GENERAL EXPENDITURES(2)
LAST TEN FISCAL YEARS
Ratio Of Debt
Fiscal Year Total Service To
Ended Debt Total General Total General
.lucre 30, Principal Interest Service Expenditures (1) Expenditures
1993 $ 320,000 $ 383,000 $ 703,000 $ 749,495,000 .0009
1994 614,000 6,021,000 6,635,000 810,360,000 .0082
1995 1,278,000 22,338,000 23,616,000 915,893,000 .0258
1996 4,000,000 22,435,000 26,435,000 891,699,000 .0296
1997 5,703,000 22,242,000 27,945,000 866,114,000 .0323
1998 7,475,000 21,952,000 29,427,000 889,926,000 .0331
1999 9,370,000 21,539,000 30,909,000 974,180,000 .0317
2000 11,325,000 20,952,000 32,277,000 1,024,951,000 .0315
2001 15,730,000 18,330,000 34,060,000 1,036,022,000 .0329
2002 16,365,000 19,439,000 35,804,000 1,228,560,000 .0291
NOTFS- (1)Includes all govenvnental fund types.
(2)Does not include Public Financing Authority, Public Facilities Corporation, Redevelopment
Agency nor Assessment District debt.
162
COUNTY OF CONTRA COSTA
CONFUTATION OF LEGAL DEBT MARGIN
YEAR ENDED JUNE 30,2002
(In Thousands)
Assessed Value of Taxable Property $ 93,490,200
Debt Limit Five Percent of Assessed Value(1) $ 4,674,510
Amount of Debt Applicable to Debt Limit(2)
Total Bonded Debt 344,005
Less: Assets in Debt Service Funds 7,875
Total Amount of Debt Applicable to Debt Limit 336,130
Legal Debt Margin $ 4,338,380
NOTES: (1) Section 29909 of the California Government Code limits
General Obligation Bond indebtedness to five percent of the
total assessed valuation of all taxable real and personal
propertywithin the County.
(2) Does not include Public Financing Authority,Public Facilities
Corporation nor Assessment District debt.
163
COUNTY OF CONTRA COSTA
COMPUTATION OF DIRF.,CI'AND OVERLAPPING DEBT
-- -- Debt Applicable July 1,2002="
Percentage Amount
DIRECT GENERAL FUND OBLIGATION DEBT:
Contra Costa County General Fund Obligations 100.(W $ 334,355,000 t2}
Contra Costa County Pension Obligations 100.000 281,425,000
TOTAL DIRECT DEBT 615,780,000
OVERLAPPING DEBT:
Contra Costa.County Board of Education Cert.of Participation 100.000 2,720,000
Contra Costa County Mosquito Abatement Cert.of Participation 100.000 1,055,000
Alameda-Contra Costa Transit District Cert.of Participation 10.889 2,506,648
East Bay Mrmcipal Water District and Special District No. 1 49.589+6.018 5,411,977
Acalanes and Liberty Union High School Districts 100.000 129,142,569
Martinez Unified School District 100.000 41,348,920
Pittsburg Unified School District 100.000 28,585,000
Lafayette School District 100.000 28,200,000
San Ramon Valley Unified School District&Educ.Facility Corp. 100.000 29,755,000
SRV Unified School District 100.000 62,129,416
Other School Districts'Overlapping Tax and Assess?=t Debt .414-100.000 95,287,039
Antioch Unified School District Certificates of Participation 100.000 19,673,575
Other School Districts'General Fund Obligations 140-100.000 44,111,125
Cities'Overlapping Tax and Assessment Debt 100.000 16,154,977
City of Concord General Fund and Judgnient Obligations 100.000 42,095,000
City of Richmond General Fund Obligations 100.000 51,904,469
City of Richmond Pension Obligations 100.000 31,360,{)00
City ofAntioch General Furled Obligations 100.000 20,672,996
City of San Ramon General Fund Obligations 100.000 22,580,000
Other Cities`General Fund Obligations 100.000 38,120,000
East Bay Regional Park District 44.549 74,595,073
Hospital Authorities 100.000 2,555,000
Other Special Districts`Cert.of Participation 100.000
11,340,000
Other Special Districts'Overlapping Tax and Assessment Debt 100.000 1,480,000
Comnvnity Facilities District 100.000 266,420,000
1915 Act Assessment Bonds(Estimate) 100.000 461,352,000
West Contra Costa Unified School District 100.000 122,450,000
Mt.Diablo Unified School District 100.000 69,400,000
Contra Costa Community College District 100.000 50,0001000
TOTAL OVERLAPPING DEBT 1,772,405,784
(continued)
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COUNTY OF CONTRA COSTA
COMPUTATION OF DIRECT AND OVERLAPPING DEBT
TOTAL GROSS DIRECT AND OVERLAPPING DEBT 2,388,185,784
Less: San Ramon Unified School Dist.Certificates of Participation
(Self-supporting from GIC from Bayerische Landesbank) 8,885,000
East Bay Municipal Utility District(100%Self-Supporting) 2,767,066
TOTAL NET DIRECT AND OVERLAPPING DEBT 2,376,533,718
2001 -2002 Assessed Value of Taxable Property $ 93,490,200,000
Less: Redevelopment Increments 8,835,385,357
Adjusted Assessed Valuation $ 84,654,814,643
Population 981,555
Ratio to
Full Cash Per
Value(%) Capita
Direct Debt(Includes County Lease Revenue Obligations) 0.73 $ 627
Total Gross Direct and Overlapping Debt 2.82 2,433
Total Net Direct and Overlapping Debt 2.81 2,421
(1) Source: The offical statement, County of Contra Costa, California 2002-2003 Tax and Revenue Anticipation
Notes, Series A. Excludes tax and revenue anticipation notes, revenue, mortgage revenue and tax allocation
bonds and non-bonded capital lease obligations.
(2) Excludes the Notes and the $25,440,000 2002 Series B Lease Revenue Refunding Bonds delivered by the
County on September 5,2002,
(concluded)
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COUNTY OF CONTRA COSTA
TEN PRINCIPAL TAXPAYERS
YEAR ENDED JUNE 30,2002
Percent Of Total
2001 -2002 Secured Secured
Assessed Assessed
Taxpayer Type of Business Valuation Valuation
Chevron USA Petroleum Refining $ 2,140,798,550 2.29 %
Equilon Enterprise Petroleum Refining 1,331,376,042 1.42
Tosco Corporation Petroleum Refining 966,368,816 1.03
Pacific Bell Utility 704,468,787 0.75
Pacific Gras&Electric Utility 703,265,721 0.75
Miirant Delta Utility 558,875,128 0.60
GMAC Con nercial Real Estate Financing 413,656,815 0.44
Seeno&Associates Construction 366,611,669 0.39
USS Pasco Steel Production 333,729,421 0.36
ORECM Escrow Real Estate Financing 268,001,606 0.29
$ 7,787,152,555 8.32 %
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COUNTY OF CONTRA COSTA
DEMOGRAPHICS-POPULATION
Date of Special
Incor- Census
Jurisdiction poration 1960 1970 1975 1980 1990 2000 2002
Antioch 2/2/1872 17,305 28,060 33,215 43,559 61,379 84,485 96,735
Brentwood 1/1/1948 2,186 2,649 3,662 4,434 7,515 23,090 29,641
Clayton 3/18/1964 1,385 1,790 4,325 7,219 11,373 10,978
Concord 2/2/1905 36,208 85,164 94,673 103,251 110,640 114,932 123,935
Danville 7/1/1982 28,675 40,484 43,003
El Cerrito 8/20/1917 25,437 25,190 22,950 22,731 22,684 23,874 23,511
Hercules 12/15/1900 310 252 121 5,963 16,554 19,552 20,140
_. Lafayette 7/22/1968 20,484 19,628 20,879 24,482 24,360 24,411
Martinez 4/1/1876 9,604 16,506 18,702 22,582 33,510 37,034 36,715
Morafa 11/13/1974 14,418 15,014 14,780 17,006 16,507
Oakley 7/1/1999 26,157
Orinda 7/1/1985 16,704 17,436 17,833
Pinole 6/25/1903 6,064 13,266 15,337 14,253 17,147 18,657 19,429
Pittsburg 6/22/1903 19,062 20,651 24,347 33,034 47,190 54,383 59,910
Pleasant Flill 11/14/1961 24,610 25,398 25,124 31,115 33,169 33,360
Richmond 8/7/1905 71,584 79,043 70,126 74,676 83,718 94,369 101,076
San Pablo 4/26/1948 19,687 21,461 19,392 19,750 24,709 26,827 30,912
San Ramon 7/1/1983 34,170 45,704 46,237
Walnut Creek 10/19/1914 9,903 39,844 46,034 53,643 60,542 64,710 65,883
Totallncocporated 217,350 378,565 409,793 463,218 642,733 751,445 826,373
Unincorporated 191,680 177,240 173,036 194,034 154,548 178,580 155,182
TOTAL COUNTY 409,030 555,805 582,829 657,252 797,281 930,025 981,555
Source: 1950-1990 U.S.Census;2001-2002 California State Department of Finance.
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COUNTY OF CONTRA COSTA
NUSCEL.LANEOUS STATISTICS
GEOGRAPHICAL LOCATION: Contra Costa County is located near San Francisco in the Bay Area. It
is bordered by San Francisco Bay and San Pablo Bay on the West,by
Suisun Bay and the Sacramento and San Joaquin Rivers on the North,
by the delta country of San Joaquin County on the East and by
Alameda County on the South.
ALTITUDE: Sea level to 3,849 feet
AREA OF COUNTY: 732.6 square miles of land and 73.3 square Wyles of water.
COUNTY SEAT: Martinez,California
FORM OF GOVERNMENT: General Law County,governed by a five member Board of Supervisors. _._....
Contra Costa County is one of the original 27 counties established when
California became a state in 1850.
MARCH 2002
PRIMARY ELECTION
REGISTERED VOTERS 478,754
NUMBER VOTING 187,496
PERCENT VOTING 39.16
ROADS: 741.03 miles of County maintained streets and roads in the unincorporated
areas.
COUNTY EMPLOYEES NUMBER OF
AT JUNE 30: PERCENT OF EMPLOYEES
NUMBER OF INCREASE PER THOUSAND
YEAR EMPLOYEES* (DECREASE) OF POPULATION
1998 7,215 3.5 8.0
1999 7,749 7.4 8.5
2000 8,321 7.4 89
2001 8,654 4.0 8.9
2002 8,788 1.5 9.0
*Full-time equivalents,authorized and funded Does not include employees of the courts or independent
fire districts. Source:County Adrninistrator.
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