BENTON COUNTY TABLE OF CONTENTS FINANCIAL _part1 docx

STATE OF MISSISSIPPI
STEVEN A. PATTERSON
State Auditor
WILLIAM S. JONES, CPA
Director, Department of Audit
ED P. YARBOROUGH, CPA
Director, Division of County Audits
BENTON COUNTY, MISSISSIPPI
Primary Government Financial Statements and Special Reports
For the Year Ended September 30, 1995

BENTON 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 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
Schedule of Federal Financial Assistance 25
SPECIAL REPORTS 27
Independent Auditor's Report on the Internal Control Structure Based on an Audit of the Primary
Government Financial Statements Performed in Accordance with Government Auditing
Standards 29
Independent Auditor's Single Audit Report on the Internal Control Structure Used in
Administering Federal Financial Assistance Programs 31
Independent Auditor's Report on Central Purchasing System and Purchase Clerk Schedules

(Required by Section 31-7-115, Miss. Code Ann. (1972)) 35
Independent Auditor's Report on Compliance Based on an Audit of the Primary Government
Financial Statements Performed in Accordance with Government Auditing Standards 41
Independent Auditor's Single Audit Report on Compliance with General Requirements
Applicable to Federal Financial Assistance Programs 43
Independent Auditor's Single Audit Report on Compliance with Specific Requirements
Applicable to Nonmajor Federal Financial Assistance Program Transactions 45
Independent Auditor's Report on Compliance with State Laws and Regulations 47
FINDINGS AND RECOMMENDATIONS 49

1
BENTON COUNTY
FINANCIAL SECTION
2
BENTON COUNTY
(This page left blank intentionally)
OFFICE OF THE STATE AUDITOR
STEVEN A. PATTERSON
AUDITOR
3750 I-55 NORTH FRONTAGE ROAD JACKSON, MISSISSIPPI 39211 (601) 364-2888 FAX (601) 364-2828
3
INDEPENDENT AUDITOR'S REPORT
ON
THE PRIMARY GOVERNMENT FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION
April 9, 1996
Members of the Board of Supervisors
Benton County, Mississippi
We have audited the accompanying primary government financial statements of Benton County,
Mississippi, as of and for the year ended September 30, 1995, as listed in the table of contents. These financial
statements are the responsibility of the county's management. Our responsibility is to express an opinion on these

financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing standards and 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 Benton County, Mississippi, at September
30, 1995, 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 Benton County, Mississippi, do not purport to, and do not present fairly the financial position
of Benton County, Mississippi, at September 30, 1995, and the results of its operations for the year then ended in
conformity with generally accepted accounting principles.
Our audit was made for the purpose of forming an opinion on the primary government financial
statements taken as a whole. The supplemental information, as listed in the table of contents, is presented for
purposes of additional analysis and is not a required part of the primary government financial statements of
Benton County, Mississippi. Such information has been subjected to the auditing procedures applied in our audit
of the primary government financial statements and, in our opinion, is fairly presented in all material respects in
relation to the primary government financial statements taken as a whole.
4
In accordance with Government Auditing Standards, we have also issued a report dated April 9, 1996, on
our consideration of Benton County, Mississippi's internal control structure and a report dated April 9, 1996, on its
compliance with laws and regulations.
WILLIAM S. JONES, CPA
Director, Department of Audit

5
BENTON COUNTY
PRIMARY GOVERNMENT FINANCIAL STATEMENTS
6
BENTON COUNTY Exhibit A
Combined Balance Sheet - All Fund Types and Account Groups
September 30, l995
Governmental Fiduciary Account Totals
Fund Types Fund Type Groups Memorandum
General General Only
Special Debt Fixed Long-term Primary
General Revenue Service Agency Assets Debt Government
ASSETS
Cash and investments $ 845,537 570,540 37,632 6,452 1,460,161
Deferred compensation plan assets 17,257 17,257
Other receivables 152 40,349 40,501
Due from other governments 17,445 22,885 80 40,410
Due from other funds 13,075 574 13,649
Fixed assets 2,953,166 2,953,166
Amount available in debt service
funds 38,206 38,206
Amount to be provided for retirement
of general long-term debt 300,329 300,329
Total Assets $ 863,134 646,849 38,206 23,789 2,953,166 338,535 4,863,679
LIABILITIES AND FUND EQUITY
Liabilities:
Claims payable $ 111,139 50,571 161,710
Amounts held in custody for others 17,257 17,257
Due to other governments 77,519 6,532 84,051
Due to other funds 13,649 13,649

General obligation bonds payable 20,000 20,000
Capital leases payable 264,721 264,721
Other loans and notes payable 53,814 53,814
Total Liabilities 202,307 50,571 0 23,789 0 338,535 615,202
Fund Equity:
Investment in general fixed assets 2,953,166 2,953,166
Fund balances:
Reserved for debt service 38,206 38,206
Unreserved 660,827 596,278 1,257,105
Total Fund Equity 660,827 596,278 38,206 0 2,953,166 0 4,248,477
Total Liabilities and Fund Equity $ 863,134 646,849 38,206 23,789 2,953,166 338,535 4,863,679
The notes to the financial statements are an integral part of this statement.
This is trial version
www.adultpdf.com
7
BENTON COUNTY Exhibit B
Combined Statement of Revenues, Expenditures and Changes in Fund Balances -
All Governmental Fund Types
For the Year Ended September 30, 1995
Totals
Governmental Memorandum
Fund Types Only
Special Debt Primary
General Revenue Service Government
Revenues
Property taxes $ 954,234 325,018 27,910 1,307,162
Licenses, commissions and
other revenue 65,939 77,674 143,613
Fines and forfeitures 116,595 116,595
Intergovernmental revenues:

Federal sources 293,616 293,616
State and local sources 226,355 492,825 719,180
Charges for services 33,128 208,636 241,764
Use of money and property 32,037 12,066 1,115 45,218
Miscellaneous revenues 2,709 128 2,837
Total Revenues 1,430,997 1,409,963 29,025 2,869,985
Expenditures
Current:
General government 816,300 37,471 853,771
Public safety 323,499 21,551 345,050
Public works 4,240 1,115,974 1,120,214
Health & welfare 53,271 53,271
Culture & recreation 47,322 47,322
Conservation of natural resources 36,717 36,717
Economic development & assistance 16,045 291,136 307,181
Debt service:
Principal retirement 10,000 145,499 20,721 176,220
Interest and fiscal charges 1,820 17,332 4,610 23,762
Total Expenditures 1,309,214 1,628,963 25,331 2,963,508
Excess of Revenues over
(under) Expenditures 121,783 (219,000) 3,694 (93,523)
Other Financing Sources (Uses)
Proceeds of other debt 139,561 139,561
Proceeds from sale of assets 35,018 35,018
Insurance recoveries 3,377 27,377 30,754
Operating transfers in 77,500 77,500
Operating transfers out (77,500) (77,500)
Total Other Financing
Sources (Uses) (74,123) 279,456 0 205,333
Excess of Revenues and Other

Sources over (under)
Expenditures and Other Uses 47,660 60,456 3,694 111,810
Fund Balances
Beginning of year 613,167 529,666 40,668 1,183,501
Residual equity transfers 6,156 (6,156)
End of year $ 660,827 596,278 38,206 1,295,311
The notes to the financial statements are an integral part of this statement.