Rock Island
CITY OF ROCK ISLAND, ILLINOIS
COMPREHENSIVE
ANNUAL FINANCIAL REPORT
FOR THE FICAL YEAR ENDED
DECEMBER 31, 2017
Prepared by:
Finance Department
Stephanie Masson
Finance Directo
Linda Barnes
Accounting Superviso
CITY OF ROCK ISLAND, ILLINOIS
TABLE OF CONTENTS
PAGE
INTRODUCTORY SECTION
List of Principal Officials ........................................................................................................ XXXXXXXXXXi
City Organizational Chart ........................................................................................................ XXXXXXXXXXii
Letter of Transmittal .......................................................................................................... XXXXXXXXXXiii - x
GFOA Certificate of Achievement for Excellence in Financial Reporting ............................ XXXXXXXXXXxi
FINANCIAL SECTION
INDEPENDENT AUDITORS' REPORT ...................................................................... XXXXXXXXXX1 - 3
MANAGEMENT’S DISCUSSION AND ANALYSIS ................................... XXXXXXXXXXMD&A 1 - 13
BASIC FINANCIAL STATEMENTS
Government-Wide Financial Statements
Statement of Net Position ....................................................................................... XXXXXXXXXX4 - 5
Statement of Activities ............................................................................................ XXXXXXXXXX6 - 7
Fund Financial Statements
Balance Sheet – Governmental Funds .................................................................... XXXXXXXXXX8 - 9
Reconciliation of Total Governmental Fund Balance to
Net Position of Governmental Activities ............................................................. XXXXXXXXXX10
Statement of Revenues, Expenditures and Changes in
Fund Balances – Governmental Funds ......................................................... XXXXXXXXXX11 - 12
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances to the Statement of Activities – Governmental Activities........... XXXXXXXXXX13
Statement of Net Position – Proprietary Funds................................................... XXXXXXXXXX14 - 15
Reconciliation of Total Enterprise Fund Balance to
Net Position of Business-Type Activities ............................................................ XXXXXXXXXX16
Statement of Revenues, Expenses and Changes Fund
in Net Position – Proprietary Funds .............................................................. XXXXXXXXXX17 - 18
Reconciliation of the Statement of Revenues, Expenses and Changes in
Net Position to the Statement of Activities – Business-Type Activities ............. XXXXXXXXXX19
Statement of Cash Flows – Proprietary Funds .................................................... XXXXXXXXXX20 - 21
Statement of Fiduciary Net Position .......................................................................... XXXXXXXXXX22
Statement of Changes in Fiduciary Net Position ....................................................... XXXXXXXXXX23
Notes to the Financial Statements .......................................................................................