HomeMy WebLinkAboutAnnual Expenditure Limitation Report June 30, 2001 f'f
TOWN OF MARANA
Marana, Arizona
ANNUAL EXPENDITURE LIMITATION REPORT
June 30, 2001
z��
TABLE OF CONTENTS
PAGE
INDEPENDENT AUDITOR'S REPORT 1
FINANCIAL STATEMENTS
Annual Expenditure Limitation Report—Part I 2
Annual Expenditure Limitation Report—Part II 3
Annual Expenditure Limitation Report—Reconciliation 4
Note to Annual Expenditure Limitation Report 5
Clifton
Gunderson LLP
Certified Public Accountants&Consultants
Independent Auditor's Report
The Auditor General of the State of Arizona
The Honorable Mayor of the Town of Marana
Marana Town Council
We have audited the general-purpose financial statements of the Town of Marana, Arizona as of
and for the year ended June 30, 2001 and have issued our separate report thereon dated
December 11, 2001. We have also audited the accompanying Annual Expenditure Limitation
Report (report) of the Town of Marana, Arizona for the year ended June 30, 2001. This report is
the responsibility of the Town's management. Our responsibility is to express an opinion on this
report based on our audit.
We conducted our audit in accordance with auditing standards generally accepted in the United
States of America. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the report is free of material misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts and disclosures in the
report. An audit also includes assessing the accounting principles used and significant estimates
made by management, as well as evaluating the overall report presentation. We believe that our
audit provides a reasonable basis for our opinion.
The accompanying Annual Expenditure Limitation Report was prepared for the purpose of
complying with the uniform expenditure reporting system as discussed in Note 1 and is not
intended to be a presentation in conformity with accounting principles generally accepted in the
United States of America.
In our opinion, the Annual Expenditure Limitation Report of the Town of Marana, Arizona for
the year ended June 30, 2001, referred to above, presents fairly, in all material respects, the
information required by the uniform expenditure reporting system on the basis of accounting
described in Note 1.
This report is intended solely for filing with the State of Arizona and is not intended to be and
should not be used for any other purpose.
LL/
Tucson, Arizona
December 11, 2001
1
Offices in 13 states and Washington,DC HLB International
TOWN OF MARANA
ANNUAL EXPENDITURE LIMITATION REPORT — PART I
YEAR ENDED JUNE 30, 2001
1 Economic Estimates Commission expenditure
limitation $
2 Voter—approved alternative expenditure
limitation ((Approved March 11, 1997) See Note 1 46,665,695
3. Enter applicable amount from line 1 or line 2 $ 46,665,695
4. Amount subject to the expenditure limitation
(total amount from Part II, Line C) 25,259,316
5. Board—authorized expenditures necessitated
by a disaster declared by the Governor and
(Article IX, §20[2][a], Arizona Constitution) —
6. Board—authorized expenditures necessitated
by a disaster not declared by the Governor
(Article IX, §20[2][b], Arizona Constitution) —
7. Prior—year voter—approved expenditures to
exceed the expenditure limitation for the
reporting fiscal year (Article IX,
§20[2][c], Arizona Constitution) —
8. Subtotal 25,259,316
9. Board—authorized excess expenditures for the
previous fiscal year not approved by the
voters (Article IX, §20[2][b], Arizona
Constitution) +
10.Total adjusted amount subject to the
expenditure limitation 25,259,316
11.Amount under (in excess of) the expenditure
limitation (if excess expenditures are
reported, provide an explanation.) $ 21.406,379
I hereby certify, to the best of my knowledge and belief, that the
information contained in this report is accurate and in accordance with
the requirements of the Uniform Expenditure Reporting System.
Signature of Chief Fiscal Officer:
Name and Title: Michael C. Hein, Town Manager
Telephone Number: 520-682-3401 Date:
This Annual Expenditure Limitation Report should be read only in connection with the accompanying note.
2
•
v'I v v' o CO mi SII
0), V V O CO O'
II MI O N 0;.. NI
It]I
NI lA t!') a0 C) NI
01 N. N N N. NN
1j % i O
N N
! EAI EAI
co
a) (00 I V - O COOCOO CO,
(A N' 0 ,- � (b N 0 O).,
0-C N O O co-O N V-I
O O _ N N N. N OJi
ai
C T
LL1 SI;
W , pC
EAI EAII a)
C
c
N
O_
N.
Z 7 C O
0
O f— LL m
Qa)
J
fa ke
Y
L_
Z 3
o � 4- (n N' N C
C.) +_' U .0 N., N O
W a•W CI ' U
Ir o ti RII N- C
I U c
000
Q
CC N I° 69 te
O T
QZQ 111 a M d o of 0C
Q Z Z �> c 0-
(Di oil as
� O -) D a`) >I O O a)
LL — LL N N V
a)
O Q r-1 L
Z H Q EA I EAI, _O
MZ
mi
OJW (Q (Q c
~ WQ c 7 (7 O o i (:).1 t
D W U C -0 O ml! a)
I— >" a> >a) CI Oj a
5 V) � LL C
W O
a. EAI 691 iti
W0) 0)
J _ C) C) J
Q cd V
a) C to
v Y
Z C 7, O O
Z U� W' (o aci
Q a
EA EAI X
W
N y U
Y U -0 Cl (6 7
as co N co w a) N C c
U c a) N }' coO) U p N p 15 c
QE 4 (n .0 N E U 7 (n E OC U 'O Q
c0 > a) as u) °) 2 7 N -0 a`)) a) a' 6 Q
O Ti E c U Cn 7 c L
_C N a) +E Tri U' N C C V Q N N C 0).4 ( O ta a C ~
U
in" O as O CDN 7 a) N = X-Cl) Q (n O- N J
CD cn Q a) 0 fl N Q N O cn E to O a) C N B O —
C N (6 7 O p C c N a) C • D) O 'O c o- c
xa N C 0) cu
I NO c 0) N "6 E -0 (o LL t Li)
C (0 LL a) 0 'D C
C
a) 7 'v= ` YO C (2 O- 7 p 7 O 03 O r L V 7 C U a) L a) a) o O
a) m CZ••� -O O O NO us -p 7 .0 N O , OU .� N O O N O N 0 N
Y .c O U .a3C r V U 2 L .6 N O O a) a, 7 p_ C a) Q O U T i._ -c
Hca o � � O � wm (n (nYccocn � m flHil
€71 Y Y
N N U 3 L j a) CD a O .� U c FO Q c U J 8 Q 2 7
c6 ,L,, a)c 7 Y O
V p 0 O) N *- N C) V O (O D .- NM V O E
N F-
cu Q Q
a)
En ¢ m U a
TOWN OF MARANA, ARIZONA
NOTE TO ANNUAL EXPENDITURE LIMITATION REPORT
Year Ended June 30, 2001
NOTE 1 - BASIS OF PRESENTATION
The Annual Expenditure Limitation Report is presented on the basis of accounting prescribed by
the Uniform Expenditure Reporting system, as required by Arizona Revised Statutes Section 41-
1279.07, and in accordance with the voter-approved alternative expenditure limitation plan
adopted on March 11, 1997, as authorized by the Arizona Constitution, Article IX, Section 20(9).
This plan provides for the Town to allow the Mayor and Council to adopt an annual expenditure
limitation each year, which for fiscal 2001 equaled the budget of$46,665,695. This budget was
adopted formally on June 20, 2000.
This information is an integral part of the accompanying financial statements.
5