ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31,2009_part5

Diện tích Broadwell Woods cho thuê Quận Anderson công viên, Broadwell đường, phía đông của Newtown, hết hạn tháng 10,2052 với renewaI thời hạn 50 năm. Cho thuê lệ phí 1-74 Greenwav - cho thuê Green Township 1-74 phía đông của đường đua, hết hạn tháng chín 18,2052, khối lượng gia hạn thời hạn 50 năm | Acreage 4 26 This is trial version HAMILTON COUNTY PARK DISTRICT NOTBS TO THE BASIC FINANCIAL STATEMENTS Note 1. Summary of Significant Accounting Policies continued B. Reporting Entity As required by accounting principles generally accepted in the United States of America GAAP these financial statements present all funds for which the Park District is financially accountable. The Park District is considered a related organization to Hamilton County Ohio. This decision is based on the fact that the Board of Commissioners are appointed by the Probate Court Judge of Hamilton County but Hamilton County cannot impose its will on the Park District in any manner nor does there exist any financial benefit or burden relationship between the Park District and Hamilton County. The accompanying financial statements of the Park District are prepared in conformity with GAAP prescribed in statements and interpretations issued by Governmental Accounting Standards Board GASB . C. Basic Financial Statements - Government Wide Statements The Statement of Net Assets and the Statement of Activities display information about the Park District. These statements include the financial activities of the overall government. For the government-wide financial statements eliminations have been made to remove the double reporting of internal activities. These statements distinguish between the governmental and business type activities of the Park District. Governmental activities generally are financed through taxes intergovernmental revenues and other nonexchange rransactions. Business-type activities are financed in whole or in part by fees charged to external parties for goods or services. Program revenues for both types of activities include 1 charges to customers who purchase use or dfrectly benefit from goods services or privileges provided by a given function and 2 grants and contributions that are restricted to meeting the operation or capital requirements of a .

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