Details for 2016 Financial Statements

MILLE LACS COUNTY
SUMMARY FINANCIAL STATEMENT
FOR THE YEAR ENDED DECEMBER 31, 2016

A PROFILE OF MILLE LACS COUNTY

The purpose of this report is to provide a summary of financial information concerning Mille Lacs County for interested
citizens. Questions about this report should be directed to the County Administrator, 320-983-8218.
A FULL AND COMPLETE COPY OF THE COUNTY FINANCIAL STATEMENT IS AVAILABLE AT WWW.CO.MILLE-LACS.
MN.US; UPON REQUEST BY CALLING 320-983-8218; OR BY WRITING TO THE MILLE LACS COUNTY ADMINISTRATOR,
635 2ND STREET SE, MILACA MN 56353.
COUNTY OFFICIALS
GENNY REYNOLDS
COMMISSIONER DISTRICT 1
320-983-8218
TIM WILHELM
COMMISSIONER DISTRICT 2
320-983-8218
PHIL PETERSON
COMMISSIONER DISTRICT 3
320-983-8218
ROGER TELLINGHUISEN
COMMISSIONER DISTRICT 4
320-983-8218
DAVID OSLIN
COMMISSIONER DISTRICT 5
320-983-8218
PAT OMAN
COUNTY ADMINISTRATOR
320-983-8218
PHILIP THOMPSON
COUNTY AUDITOR-TREASURER 320-983-8302
JOE WALSH			COUNTY ATTORNEY		320-983-8305
BRENT LINDGREN			COUNTY SHERIFF		320-983-8250
A User’s Guide to County Financial Statements
The following definitions will help citizens understand the terminology that is used in the County’s financial statement.
BASIC FINANCIAL STATEMENTS
Minnesota Counties’ basic financial statements consist of three parts: government-wide financial statements, fund financial statements, and notes to the financial statements.
Government-wide financial statements display information about the entity as a whole, except for its fiduciary activities.
Fund financial statements display separate financial information for the county’s governmental, proprietary, and fiduciary
funds. Information is presented separately for major funds and in aggregate by fund type for non-major, internal services,
and fiduciary funds.
Notes to the financial statements disclose additional information.
Governmental activities are generally county activities financed through taxes, intergovernmental revenue, and other
non-exchange revenues.
COUNTY GOVERNMENT FUND TYPES
The General Fund is the general operating fund of the county. It is used to account for all financial resources except those
that are required to be accounted for in another fund.
Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally restricted for
specific purposes.
Debt Service Funds are used to account for the accumulation of resources for, and the payment of, principal, interest, and
related costs of general long-term debt.
Capital Projects Funds are used to account for financial resources to be used for the acquisition or construction of major
capital assets.
COUNTY PROPRIETARY FUNDS
Internal Service Funds are used to report any activity that provides goods or services to other funds, departments, or
agencies of the primary government and its component units, or to other governments, on a cost reimbursement basis.
COUNTY FIDUCIARY FUNDS
Trust and Agency Funds are used to account for the assets held by the county in a trustee capacity or as an agent for
individuals, private organizations, other governmental units, and/or other funds.
CHARACTER CLASSIFICATION OF COUNTY EXPENDITURES
Current operating expenditures are presumed to benefit the current fiscal period.
Debt Services includes amounts expended for the payment of principal, interest, and other costs associated with debt.
Capital Outlays includes amounts expended for the construction or acquisition of county capital assets.
CLASSIFICATION OF COUNTY FUNCTIONS
General Government activities include expenditures for general county activities such as the county commissioners, administrative services, attorney, auditor-treasurer, assessor, veterans services, and land services.
Public Safety activities include expenditures for the protection of persons and property, which includes the operation of
the sheriff’s office, county jail, civil defense, and emergency services.
Public Works activities include expenditures for construction and maintenance of county roads.
Human Services activities include the administration of all federal, state, and county human services programs, including
child support collection, and social service programs such as chemical dependency treatment, child protection services,
and medical assistance.
Public Health involves all activities involved in the conservation and improvement of public health and includes expenditures for inoculation programs, programs to protect public and private drinking water systems, nursing services, and
maternal and child health.
Other includes culture and recreation, conservation of natural resources, economic development, and sanitation.

Program Revenues

Functions/Programs
Governmental activities
General government
Public safety
Highways and streets
Sanitation
Human services
Health
Culture and recreation
Conservation of natural
Conservation of natural resources
Economic development
Interest expense on
Long-term debt
Total Governmental
Activities

MILLE LACS COUNTY
MILACA, MINNESOTA
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED DECEMBER 31, 2016
Program Revenues
Fees,
Charges,
Fines,
and Other

Expenses

Operating
Grants and
Contributions

$ 905,761
1,459,544
50,727
17,241
1,016,225
175,035
-

$ 277,774
875,516
4,941,368
75,457
5,643,038
744,276
46,138

299,302
282,296

73,381
288

175,094

-

$

69,081
11,629

$ (5,585,322)
(9,306,967)
(2,410,047)
1,429
(3,961,755)
(2,231)
(265,517)

118,104
235,000

-

(107,817)
(47,008)

15,348

-

(159,746)

$38,595,912
$3,698,202
$ 12,972,019
$ 80,710
General Revenues
Property taxes
Gravel tax
Mortgage registry and deed tax
Wheelage tax
Payments in lieu of tax
Grants and contributions not restricted to specific programs
Unrestricted investment earnings
Miscellaneous
Gain on sale of capital assets
Total general revenues
Change in net position
Net Position - January 1
Net Position - December 31

$ (21,844,981)

BALANCE SHEET
GOVERNMENTAL FUNDS
FOR THE YEAR ENDED DECEMBER 31, 2016
Community
Road and
and Veteran
General
Bridge
Services

Assets
Cash and pooled investments
Petty cash and change funds
Departmental cash
Taxes receivable
Delinquent
Special assessments receivable
Delinquent
Accounts receivable
Accrued interest receivable
Due from other funds
Due from other governments
Inventories
Prepaid items
Advances to other funds
Total Assets
Liabilities, Deferred Inflows of Resources, and
Fund Balances
Liabilities
Accounts payable
Salaries payable
Due to other funds
Due to other governments
Unearned revenue
Advances from other funds
Total Liabilities
Deferred Inflows of Resources
Unavailable revenue
Fund Balances
Nonspendable
Inventories
Prepaid items
Advances to other funds
Restricted for
Debt service
Law library
Recorder’s technology and equipment
Administering the carrying of weapons
Law enforcement
Highway construction projects
Gravel pit restoration
DARE Program
Prisoner account
Prosecutorial purposes
Aquatic invasive species
Ditch maintenance and repairs
SCORE
Committed to
Broadband Grant
Gravel pit restoration
Assigned to
General government
Public safety
Highways and streets
Community and veteran services programs
Capital projects
Unassigned
Total Fund Balances
Total Liabilities, Deferred Inflows of and Fund
Balances

$ 11,036,221 $ 2,190,202
800
26,180
464,288

21,670

1,448
45,760
13,500
26,581
18,317
17,882
373,057
1,281,998
330,209
19,831
4,592
77,137
$ 12,089,620 $ 3,860,053

145,548
428,798
177,204
3,452,900
$ 4,204,450

Assets
Cash and pooled investments
Petty cash and change funds
Departmental cash
Taxes receivable
Delinquent
Special assessments receivable
Delinquent
Accounts receivable
Accrued interest receivable
Due from other governments
Inventories
Prepaid items
Capital assets
Non-depreciable
Depreciable - net of accumulated depreciation
Total Assets
Deferred Outflows of Resources
Deferred pension outflows
Liabilities
Accounts payable
Salaries payable
Claims payable
Due to other governments
Accrued interest payable
Unearned revenue
Long-term liabilities
Due within one year
Due in more than one year
Net Pension Liablility
Other postemployment benefits
Total Liabilities
Deferred Inflows of Resources
Deferred pension inflows
Net Position
Net investment in capital assets
Restricted for
General government
Public safety
Highways and streets
Conservation of natural resources
Sanitation
Debt service
Unrestricted
Total Net Position

Net
(Expense)
Revenue and
Changes in
Net Position

Capital
Grants and
Contributions

$ 6,768,857
11,642,027
7,471,223
91,269
10,621,018
921,542
323,284

Key Indicator
Total 2015
Total 2016
Estimated Population
25,788
25,866
Total Assessed Market Value
of All Taxable Property
$1,847,692,700 $1,896,187,999
Percent of Property Taxes
Collected
97.48%
97.37%
Total Revenues
(All Governmental Funds)
$34,365,033
$33,219,868
Total Current County Expenditures
(All Governmental Funds)
$34,020,561
$40,931,710
Total Outstanding Net Bonded
Debt of the County*
$14,185,000
$7,290,000
Bond Rating On Most Recent
General Obligation Bond Issue
Aa3
Aa3
Total Number of
Full Time Employees
230
236
*Includes $6,015,000 refunding bond
MILLE LACS COUNTY
MILACA, MINNESOTA
STATEMENT OF NET POSITION
GOVERNMENTAL ACTIVITIES
FOR THE YEAR ENDED DECEMBER 31, 2016

Capital
Projects

Non-major
Ditch

$ 4,772,952 $ 1,883,244 $2,239,707
50
187,836

43,409

2.62%
-0.12%
-3.33%
20.31%
-48.61%

2.61%

22,229,239
850
26,180
718,263
1,448
221,690
26,581
2,714,508
330,209
47,765

$

2,672,841
66,764,641
95,754,215

$

13,150,186
809,102
682,631
9,658
208,311
90,647
3,452,900

$

675,491
9,211,753
22,396,955
1,606,248
39,143,696

$

2,292,650

$

62,313,778

$
$

201,708
1,132,622
925,887
216,540
135,637
1,890,859
651,024
67,468,055

STATEMENT OF REVENUES, EXPENSES, AND
CHANGES IN FUND NET POSITION
SELF-INSURANCE INTERNAL SERVICE FUND
FOR THE YEAR ENDED DECEMBER 31, 2016
Governmental
Activities
Operating Revenues
Insurance Fees
$
126,077
Operating Expenses
Insurance
124,359
Operating Income (Loss)
$
1,718
Net Position - January 1
23,634
Net Position - December 31
$
25,352

$ 13,876,855
85,262
21,356
270,294
240,809
1,992,625
134,430
256,762
62,624
$ 16,941,017
$ (4,903,964)
72,372,019
$ 67,468,055

Debt
Service

$

Percent
Increase
(Decrease)
0.30%

$ 71,903 $ 22,194,229
850
26,180

1,060

162,430
1,041,571
17,882
23,342
$ 6,188,181 $ 1,926,653 $2,258,649

77,778
62,692
1,632
3,597
$ 145,699

482,501
191,141
16,685
27,510
$ 717,837

$

-

103,275
17,882
$ 121,157

$ 576,433 $ 1,262,380

$ 276,985

$ 35,794

$ 974

Total

-

718,263

1,448
221,690
26,581
36,199
2,714,508
330,209
47,765
77,137
$ 71,903 $ 26,395,059

77,137
$ 77,137

809,102
682,631
36,199
208,311
3,452,900
77,137
$ 5,266,280

$

-

$ 2,152,566

19,831
77,137

330,209
4,592
-

23,342
-

-

-

-

42,315
87,676
223,170
241,734
61,362
54,443
613,275
71,717
83,127
135,637

43,282
-

-

1,890,859
-

-

72,051
-

330,209
47,765
77,137
1,890,859
42,315
87,676
223,170
241,734
43,282
61,362
54,443
613,275
71,717
83,127
72,051
135,637

24,000
-

270,215

-

-

-

-

24,000
270,215

38,525
269,698
1,803,676
5,265,090
$ 7,308,737 $ 2,451,974

5,170,017
- 2,136,518
$ 5,193,359 $ 1,890,859 $2,136,518

38,525
269,698
1,803,676
5,170,017
2,136,518
(77,285)
5,187,805
$ (5,234) $ 18,976,213

$ 12,089,620 $ 3,860,053

$ 6,188,181 $ 1,926,653 $2,258,649

$ 71,903 $ 26,395,059
CONTINUED...