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STATE OF MISSISSIPPI
OFFICE OF THE STATE AUDITOR
PHIL BRYANT
State Auditor
RAMONA HILL, CPA
Director, Financial and Compliance Audit Division
ED YARBOROUGH, CPA, CIA, CFE, CGFM
Director, County Audit Section
YALOBUSHA COUNTY, MISSISSIPPI
Primary Government Financial Statements and Special Reports
For the Year Ended September 30, 1997

YALOBUSHA COUNTY
TABLE OF CONTENTS
FINANCIAL SECTION 1
INDEPENDENT AUDITOR'S REPORT 3
PRIMARY GOVERNMENT FINANCIAL STATEMENTS 5
Combined Balance Sheet - All Fund Types and Account Groups 6
Combined Statement of Revenues, Expenditures and Changes in Fund Balances - All Governmental
Fund Types and Expendable Trust Funds 7
Combined Statement of Revenues, Expenditures and Changes in Fund Balances - Budget
(Non-GAAP Budgetary Basis) and Actual - All Governmental Fund Types 8
Notes to Financial Statements 10
SUPPLEMENTAL INFORMATION 23
Reconciliation of Operating Costs of Solid Waste 25
SPECIAL REPORTS 27
Independent Auditor's Report on Compliance and on Internal Control Over Financial Reporting
Based on an Audit of the Primary Government Financial Statements Performed in
Accordance With Government Auditing Standards 29
Independent Auditor's Report on Central Purchasing System, Inventory Control System and Purchase
Clerk Schedules (Required by Section 31-7-115, Miss. Code Ann. (1972)) 31


Independent Auditor's Report on Compliance with State Laws and Regulations 37
SCHEDULE OF FINDINGS 39
3750 I-55 NORTH FRONTAGE ROAD JACKSON, MISSISSIPPI 39211 $ (601) 364-2888 $ FAX (601) 364-2828
The Office of the State Auditor does not discriminate on the basis of
race, religion, national origin, sex, age or disability
1
YALOBUSHA COUNTY
FINANCIAL SECTION
2
YALOBUSHA COUNTY
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3
OFFICE OF THE STATE AUDITOR
PHIL BRYANT
AUDITOR
INDEPENDENT AUDITOR'S REPORT
ON
THE PRIMARY GOVERNMENT FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION
October 19, 1998
Members of the Board of Supervisors
Yalobusha County, Mississippi
We have audited the accompanying primary government financial statements of Yalobusha County,
Mississippi, as of and for the year ended September 30, 1997, as listed in the table of contents. These primary
government financial statements are the responsibility of the county's management. Our responsibility is to express an
opinion on these primary government financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing standards and the standards applicable
to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United
States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used

and significant estimates made by management, as well as evaluating the overall financial statement presentation. We
believe that our audit provides a reasonable basis for our opinion.
A primary government is a legal entity or body politic and includes all funds, organizations, institutions,
agencies, departments and offices that are not legally separate. Such legally separate entities are referred to as
component units. In our opinion, the primary government financial statements referred to above present fairly, in all
material respects, the financial position of the primary government of Yalobusha County, Mississippi, as of September
30, 1997, and the results of its operations for the year then ended, in conformity with generally accepted accounting
principles.
However, the primary government financial statements, because they do not include the financial data of
component units of Yalobusha County, Mississippi, do not purport to, and do not present fairly the financial position of
Yalobusha County, Mississippi, as of September 30, 1997, and the results of its operations for the year then ended in
conformity with generally accepted accounting principles.
In accordance with Government Auditing Standards, we have also issued a report dated October 19, 1998, on
our consideration of Yalobusha County, Mississippi's internal control over financial reporting and our tests of its
compliance with certain provisions of laws, regulations, contracts and grants.
4
Our audit was performed for the purpose of forming an opinion on the primary government financial statements
of Yalobusha County, Mississippi, taken as a whole. The accompanying Reconciliation of Operating Costs of Solid
Waste is presented for purposes of additional analysis and is not a required part of the primary government financial
statements. Such information has been subjected to the auditing procedures applied in the audit of the primary
government financial statements and, in our opinion, is fairly stated in all material respects, in relation to the primary
government financial statements taken as a whole.
PHIL BRYANT RAMONA HILL, CPA
State Auditor Director, Financial and Compliance Audit Division
5
YALOBUSHA COUNTY
PRIMARY GOVERNMENT FINANCIAL STATEMENTS
6
YALOBUSHA COUNTY Exhibit A
Combined Balance Sheet - All Fund Types and Account Groups

September 30, l997
Governmental Fiduciary Account Totals
Fund Types Fund Type Groups Memorandum
Trust General General Only
Special Debt and Fixed Long-term Primary
General Revenue Service Agency Assets Debt Government
ASSETS
Cash and investments (Note 3) $ 861,039 1,785,318 144,539 113,931 2,904,827
Other receivables 19,987 19,987
Intergovernmental receivables 61,256 45,897 107,153
Interfund receivables (Note 4) 259,611 23,587 3,581 1,867 288,646
Advance to other funds (Note 4) 9,692 9,692
Fixed assets (Note 5) 5,222,502 5,222,502
Amount available in debt service
funds 148,120 148,120
Amount to be provided for retirement
of general long-term debt 1,027,116 1,027,116
Total Assets $ 1,181,906 1,884,481 148,120 115,798 5,222,502 1,175,236 9,728,043
LIABILITIES AND FUND EQUITY
Liabilities:
Claims payable $ 143,316 189,744 333,060
Amounts held in custody for others 53,566 53,566
Intergovernmental payables 46,135 14,466 60,601
Interfund payables (Note 4) 29,035 259,611 288,646
Advances from other funds (Note 4) 9,692 9,692
Claims and judgments liability (Note 8) 18,339 18,339
General obligation bonds payable (Note 8) 791,000 791,000
Equipment notes payable (Note 8) 33,700 33,700
Capital leases payable (Note 8) 332,197 332,197
Total Liabilities 218,486 459,047 0 68,032 0 1,175,236 1,920,801

Fund Equity:
Investment in general fixed assets 5,222,502 5,222,502
Fund balances:
Reserved for advances 9,692 9,692
Reserved for debt service 148,120 148,120
Unreserved 963,420 1,415,742 47,766 2,426,928
Total Fund Equity 963,420 1,425,434 148,120 47,766 5,222,502 0 7,807,242
Total Liabilities and Fund Equity $ 1,181,906 1,884,481 148,120 115,798 5,222,502 1,175,236 9,728,043
The notes to the financial statements are an integral part of this statement.
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