BOEUF RIVER SOIL AND WATER CONSERVATION DISTRICT

Rayvilie, Louisiana

Annual Financial Statements June 30,2016

BOEUF SOIL AND WATER CONSERVATION DISTRICT

RAYVILLE, LOUISIANA

ANNUAL FINANCIAL STATEMENTS JUNE 30,2016

TABLE OF CONTENTS

Page

Independent Accountant's Compilation Report 1 -2

Financial Statements:

Combined Balance Sheet-All Fund Types and Account Groups 4

Combined Statement of Revenues, Expenditures, And Changes in Fund Balances-Governmental Fund Types 5

Statement of Revenues, Expenditures, and Changes in Fund Balances-Budget (GAAP Basis) and Actual-Governmental Fund Types 6

Supplementary Information:

Schedule of Compensation Paid to Board Members 8

Schedule of Compensation, Benefits, and Other Payments to Chairman 9

Management's Summary Schedule of Prior Findings 10

J. Aaron Cooper, CPA, LLC P.O. Box 918 • 510 North Cutting Avenue • Jennings, Louisiana 70546

768 Parish Line Road • DeRidder, Louisiana 70634 Member of Ihe American Instiluteof Certified Public Accountants and the Society of Louisiana Ctriified Public Acivuniants

Independent AccountanPs Compilation Report

Boeuf River Soil and Water Conservation District Rayville, Louisiana

Management is responsible for the accompanying financial statements of each major fund and the aggregate remaining fund information of Boeuf River Soil and Water Conservation District, as of and for the year ended June 30,2016, in accordance with accounting principles generally accepted in the United States of America. I have performed a compilation engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the American Institute of Certified Public Accountants. 1 did not audit or review the financial statements nor was 1 required to perform any procedures to verify the accuracy or completeness of the information provided by management. Accordingly, we do not express an opinion, a conclusion, nor provide any form of assurance on these financial statements.

Boeuf River Soil and Water Conservation District did not adopt the provisions of Governmental Accounting Standards Board Statements No. 34, 54, and 63 for the year ended June 30, 2016. The effects of this departure from accounting principles generally accepted in the United States of America have not been determined.

Supplementary Information

The accompanying schedule of compensation, benefits, and other payments to the agency head, political subdivision head, or chief executive officer and schedule of compensation paid to board members are presented for purposes of additional analysis and is not a required part of the basic financial statements. The information is the representation of management. The information was subject to my compilation engagement, but I have not audited or reviewed the supplementary information and, accordingly, do not express an opinion, a conclusion, nor provide any assurance on such information.

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the following supplementary information be presented to supplement the basic financial statements:

Budgetary Comparison Schedule Management's Discussion and Analysis

Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. I have not audited

or reviewed the information and, accordingly, do not express an opinion, a conclusion, nor provide any assurance on such information.

Management has omitted the Management Discussion and Analysis that accounting principles generally accepted in the United States of America required to be presented to supplement the basic financial statements. The Management Discussion and Analysis, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of the of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical content.

Management has elected to omit substantially all of the disclosures required by accounting principles generally accepted in the United States of America. If the omitted disclosures were included in the financial statements, they might influence the user's conclusions about the District's financial position, results of operations, and cash flows. Accordingly, the financial statements are not designed for those who are not informed about such matters.

CPA, UC6 Jennings, Louisiana December 19, 2016

FINANCIAL STATEMENTS

BOEUF RIVER SOIL AND WATER CONSERVATION DISTRICT RAYVILLE, LOUISIANA

COMBINED BALANCE SHEET ALL FUND TYPES

June 30,2016

ASSETS Cash and cash equivalents Accounts receivable Prepaid assets Certificate of deposit

TOTAL ASSETS

LIABILITIES AND FUND EOUITY Liabilities Accounts payable Accrued compensated absences

Total liabilities

Fund Eauitv Fund balance:

Restricted Unassigned Total fund equity

TOTAL LIABILITIES AND FUND EQUITY

GOVERNMENTAL FUND TYPE

GENERAL FUND

$ 51,122 9,779 1,500

101,400

$ 163,801

3,504 4,133 7,637

156,164 156,164

$ 163,801

SPECIAL REVENUE

$ 20,969

$ 20,969

7,766

7,766

13,203

13,203

$ 20,969

TOTALS (MEMORANDUM

ONLY)

$ 72,091 9,779 1,500

101,400

184,770

11,270 4,133 15,403

13,203 156,164 169,367

184,770

See Accountant's Report. 4

BOEUF RIVER SOIL AND WATER CONSERVATION DISTRICT RAWILLE, LOUISIANA

COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES

-GOVERNMENTAL FUND TYPES FOR THE YEAR ENDED JUNE 30,2016

REVENUES Intergovernmental revenue: SWAT Farm Bill State funds Water Quality

Other revenue: Aerial gunning Interest income

Total revenues

EXPENDITURES Operating:

Equipment Operating services Personal services Supplies Travel

Total expenditures

Excess (Deficiency) of revenues over expenditures

Fund balances - beginning

Fund balances - ending

GENERAL FUND

36,343 60,252

824 97,419

7,637 4,862

66,902 1,051

835 81,287

16,132

140,032

$ 156,164

SPECIAL REVENUE

62,224

5,153

8,677

76,054

67,482

31 67,513

8,541

4,662

13,203

TOTALS (MEMORANDUM

ONLY)

62,224 36,343 60,252 5,153

8,677 824

173,473

7,637 4,862

134,384 1,051

866 148,800

24,673

144,694

169,367

See Accountant's Report. 5

BOEUF RIVER SOIL AND WATER CONSERVATION DISTRICT RAVVILLE, LOUISIANA

STATEMENTS OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE-BUDGET (GAAP BASIS)

AND ACTUAL-GOVERNMENTAL FUND TYPES FOR THE YEAR ENDED JUNE 30,2016

GENERAL FUND SPECIAL REVENUE

REVENUES Intergovernmental revenue: Swat Farm Bill State funds Water Quality

Other revenue: Aerial Gunning Interest income

Total revenues

EXPENDITURES Operating:

Equipment Operating services Personal services Supplies Travel

Total expenditures

Excess (Deficiency) of revenues over expenditures

Fund balance-beginning

Fund balance-ending

BUDGET

34,776 60,053

840 95,669

7,650 5,400

67,000 1,300

900 82,250

13,419

140,032

$ 153,451

ACTUAL

36,343 60,252

824 97,419

7,637 4,862

66,902 1,051

835 81,287

16,132

140,032

$ 156,164

VARIANCE FAVORABLE

(UNFAVORABLE)

1,567 199

iia 1,750

13 538 98

249 65

963

2,713

BUDGET

62,500

5,000

8,677

76,177

67,500

31 67,531

8,646

4,662

2,713 $ 13,308

ACTUAL

$ 62,224

5,153

8,677

76,054

67,482

31 67,513

8,541

4,662

$ 13,203

VARIANCE FAVORABLE

(UNFAVORABLE)

(276)

153

iim

18

18

(105)

(105)

See Accountant's Report. 6

SUPPLEMENTARY INFORMATION

BOEUF RIVER SOIL AND WATER CONSERVATION DISTRICT RAYVILLE, LOUISIANA

SCHEDULE OF COMPENSATION PAID TO BOARD MEMBERS For the Year Ended June 30,2016

Everett Calloway $ 385 Elliot Colvin 35 Shane Hart 280 Fred Huenefeld 140 Christopher Johnson 245 Dustin Morris 315

$ 1,400

See Accountant's Report. 8

BOEUF RIVER SOIL AND WATER CONSERVATION DISTRICT RAYVILLE, LOUISIANA

SCHEDULE OF COMPENSATION, BENEFITS, AND OTHER PAYMENTS TO THE CHAIRMAN For the Year Ended June 30,2016

Everette Calloway Chairman

Purpose Amount Salary $ Benefits-insurance Benefits-retirement Benefits-dues Car allowance Vehicle provided by govemement Per diem 385 Reimbursements Travel Registration fees Conference travel Continuing professional education fees Housing Unvouchered expenses Special meals

385

See Accountant's Report, 9

BOEUF RIVER SOIL AND WATER CONSERVATION DISTRICT Rayville, Louisiana

Management's Summary Schedule of Prior Findings For the Year Ended June 30, 2016

Fiscal Year Corrective Finding Initially Action Taken

Ref. No. Occurred Description of Finding (Yes, No, Partially)

2015-1 2015 Louisiana R.S. 39:1311 requires that budgets be amended when actual revenues are failing to meet Yes budgeted revenues by S% or more, and/or actual expenditures are exceeding budgeted expenditures by 5% or more. The District did not amend its budget in compliance with state law.

See Accountant's Report. 10