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Comprehensive Annual Financial Report 2003
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Alternative format available by e-mailing Dave.Turley@kingcounty.gov.
Introductory Section  
18 pages (1029KB) View Entire Section
Cover Page (76KB)
Title Page
Letter of Transmittal (7 pages, 888KB)
Organization Chart - Year 2004 (248KB)
Financial Section  
20 pages (1619KB) View Entire Section
Independent Auditor's Report (496KB)
 Management's Discussion and Analysis (18 pages, 2810KB)

Basic Financial Statement
15 pages (598KB) View Entire Section
  Government-wide Financial Statements:
           Statement of Net Assets
           Statement of Activities
  Fund Financial Statements:
           Balance Sheet - Governmental Funds
           Statement of Revenues, Expenditures, and Changes in Fund Balances -             Governmental Funds
           Reconciliation of the Statement of Revenues, Expenditures, and Changes
            in Fund Balances of Governmental Funds to the Statement of Activities
           General Fund - Statement of Revenues, Expenditures, and Changes in             Fund Balance - Budget and Actual
           Public Health Fund - Statement of Revenues, Expenditures, and                       Changes in Fund Balance - Budget and Actual
           Statement of Net Assets - Proprietary Funds
           Statement of Revenues, Expenditures, and Changes in Fund Net Assets             - Proprietary Funds
           Statement of Cash Flows - Proprietary Funds
           Statement of Fiduciary Net Assets - Fiduciary Funds
           Statement of Changes in Fiduciary Net Assets - Fiduciary Funds
           Statement of Net Assets - Component Units
           Statement of Activities - Component Units

83 pages (4411KB) View Entire Section
Notes to the Financial Statements:
          Note 1 - Summary of Significant Accounting Policies (17 pages, 2088KB)
          Note 2 - Reconciliations of Government-wide and Fund Financial
           Statements
          Note 3 - Stewardship, Compliance, and Accountability
          Note 4 - Deposits with Financial Institutions, Investments, and Reverse
            Repurchase Agreements
          Note 5 - Property Taxation
          Note 6 - Capital Assets
          Note 7 - Restricted Assets
          Note 8 - Defined Benefit Pension Plans
          Note 9 - Post-retirement Health Care Benefits
          Note 10 - Risk Management
          Note 11 - Leases
          Note 12 - Landfill Closure and Post-closure Care Costs
          Note 13 - Debt (11 pages, 1422KB)
          Note 14 - Interfund Balances and Transfers
          Note 15 - Restrictions, Reserves, Designations, and Changes in Equity
          Note 16 - Legal Matters/Contingent Liabilities
  REQUIRED SUPPLEMENTARY INFORMATION:
          Condition Assessments and Preservation of Infrastructure Eligible for
            Modified Approach

       COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES AND
          SUPPLEMENTARY INFORMATION

Governmental Funds
76 pages (2504KB) View Entire Section
  Nonmajor Governmental Funds:
     Fund Descriptions
     Combining Balance Sheet
     Subcombining Balance Sheets:
           Special Revenue Funds
           Debt Service Funds
           Capital Projects Funds
   Combining Statement of Revenues, Expenditures, and Changes in Fund
       Balances
   Subcombining Statements of Revenues, Expenditures, and Changes in Fund
      Balances:
           Special Revenue Funds
           Debt Service Funds
           Capital Projects Funds
     Governmental Funds with Annual Budgets - Schedule of Annual Budgets and
       Expenditures (Budgetary Basis) and Encumbrances by Appropriation Unit
     Individual Governmental Funds:
     Budgetary Comparison Schedules
         General Fund
         Public Health Fund
         Nonmajor Governmental Funds with Annual Budgets
             Special Revenue
                 Alcoholism and Substance Abuse Services Fund
                 Arts and Cultural Development Fund
                 Automated Fingerprint Identification System Fund
                 Clark Contract Administration Fund
                 County Road Fund
                 Criminal Justice Fund
                 Development and Environmental Services Fund
                 Developmental Disabilities Fund
                 Emergency Medical Services Fund
                 Enhanced 911 Emergency Telephone System Fund
                 Intercounty River Improvement Fund
                 Local Hazardous Waste Fund
                 Logan/Knox Settlement Fund
                 Mental Health Fund
                 Noxious Weed Control Fund
                 Recorder's Operation and Maintenance Fund
                 Risk Abatement Fund
                 River Improvement Fund
                 Surface Water Management Fund
                 Veterans' Relief Fund
                 Youth Employment Programs Fund
                 Youth Sports Facilities Grant Fund
             Debt Service
                 Limited General Obligation Bond Redemption Fund
                 Road Improvement Guaranty Fund
                 Stadium General Obligation Bond Redemption Fund
                 Unlimited General Obligation Bond Redemption Fund
  General Fund Comparative Balance Sheets - 2003 and 2002
  Nonmajor Capital Projects Funds:
             Balance Sheets (Legal Basis)
                 Building Repair and Replacement
                 Office of Information Resource Capital
                 Technology 1997 Bonds
                 Technology Systems Capital
             Schedules of Revenues, Expenditures, and Changes in Fund Balance               (Legal Basis)
                 Building Repair and Replacement
                 Office of Information Resource Capital
                 Technology 1997 Bonds
                 Technology Systems Capital

Proprietary Funds
22 pages (910KB) View Entire Section
  Enterprise Funds:
      Nonmajor Enterprise Funds
           Fund Descriptions
           Combining Statement of Net Assets
           Combining Statement of Revenues, Expenses, and Changes in Fund
            Net Assets
           Combining Statement of Cash Flows
     Supplementary Information
 

         Enterprise Funds - Schedule of Annual Budgets and Expenditures
            (Budgetary Basis) and Encumbrances by Appropriation Unit
  Internal Service Funds:
           Fund Descriptions
           Combining Statement of Net Assets
           Combining Statement of Revenues, Expenses, and Changes in Fund
            Net Assets
           Combining Statement of Cash Flows
     Supplementary Information
           Internal Service Funds - Schedule of Annual Budgets and Expenditures
            (Budgetary Basis) and Encumbrances by Appropriation Unit
           Information and Telecommunications Services Fund
               Combining Schedule of Net Assets
               Combining Schedule of Revenues, Expenses, and Changes in Fund
                Net Assets
               Combining Schedule of Cash Flows

Trust and Agency Funds
22 pages (757KB) View Entire Section
  Investment Trust Funds:
           Fund Descriptions
           Combining Statement of Net Assets
           Combining Statement of Changes in Net Assets
  Agency Funds:
           Fund Descriptions
           Combining Statement of Changes In Assets and Liabilities
Statistical Section  
20 pages (676KB) View Entire Section
  Government-wide Expenses by Function
  Government-wide Revenues
  General Governmental Expenditures by Function
  General Revenues by Source
  Property Tax Levies and Collections
  Assessed and Estimated Actual Value of Taxable Property
  Direct and Overlapping Governments' Property Tax Rates
  Special Assessment Collections
  Special Taxes and Revenues Collections
  Ratio of Net General Bonded Debt per Capita
  Computation of Legal Debt Margin
  Computation of Direct and Overlapping Debt
  Ratio of Annual Debt Service Expenditures to Total Expenditures
  Revenue Bond Coverage - Water Quality Enterprise Bonds
  Additional Coverage Ratios
  Ten Largest Customers of the Water Quality Enterprise
  Demographic Statistics
  Property Value, Construction, Bank Deposits, and Taxable Retail Sales
  Principal Taxpayers
  Miscellaneous Statistics
Prepared By  

Department of Executive Services
Finance and Business Operations Division
Financial Management Section

For comments or questions, contact:
Dave Turley, C.P.A., M.P.A.
Financial Accounting Supervisor
King County Administration Building
500 Fourth Avenue, Room 653
Seattle, WA 98104-2337
Phone: (206) 296-7318
Dave.Turley@kingcounty.gov

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