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Reporting and Auditing Requirements – Tennessee Municipalities Section C (e) Unaccounted for Water (See Example Schedule in Appendix A). The format for this schedule is included in Appendix A and is effective for reports submitted through December 31, 2012. For reports submitted January 1, 2013 and later, tThe American Water Works Association (AWWA) water loss reporting model must be used. For more information regarding the AWWA model you can access the water audit software at: http://www.awwa.org/resources-tools/waterknowledge/water-loss-control.aspx http://www.awwa.org/Resources/WaterLossContr ol.cfm?ItemNumber=47846&navItemNumber=48 155. (f) Schedule of Changes in Property Taxes Receivable – By Levy Year (which should tie to the financial statements and may be omitted if a CAFR is issued) (See Example Schedule in Appendix A). (g) Property Tax Rates and Assessments – Last 10 Years. (h) (ih) Schedule of Salaries and Official Bonds of Principal Officials including the mayor, city recorder, CMFOA designee (The schedule should include each individual’s name and title. If a change occurs during the year under audit, the schedule would include both the former and current individuals and the dates in office or the dates the position was held.) Additional schedule(s), if necessary, of taxes and intergovernmental revenue by specific source and expenditures by object. (ji) Additional schedule(s), if necessary, of expenditures by object class. Schedules are required to demonstrate compliance if sufficient detail is not included in the basic financial statements or fund financial statements/schedules. (3) If the municipality provides several utility services (e.g. gas, electric, water/sewer combined or separately C-6
Reporting and Auditing Requirements – Tennessee Municipalities Section C depending on the policies of the municipality, bond covenants, etc.) and accounts for all of those activities in a single fund, detailed schedules that provide information consistent with what would have been presented in fund financial statements should be included in supplemental information for each division/department (i.e., assets, liabilities and net assets; revenues, expenses, and changes in net assets; and cash flows). If sufficiently detailed information is included in the notes to the financial statements, these additional schedules are not required. This information is necessary to demonstrate compliance with state laws regarding utility operations. (4) If a municipality is providing cable, internet, and/or related services, additional schedules must be included that provide sufficient detail to demonstrate compliance with Tennessee Code Annotated (TCA) 7-52-601 et al. unless sufficient detail is presented in the basic financial statements. [e.g., detailed revenues/expenses including allocated expenses (TCA 7-52-603); details of all loans and loan terms (TCA 7-52-607); tax equivalent payments (TCA 7- 52-606)] Formatted: Font: Italic Formatted: Font: Italic Formatted: Font: Italic Formatted: Font: Italic (5) If a municipality is providing telecommunication services, additional schedules must be included that provide sufficient detail to demonstrate compliance with Tennessee Code Annotated 7-52-401 et al. unless sufficient detail is presented in the basic financial statements. [e.g., detailed revenues/expenses including allocated expenses (TCA 7-52-401(1)); details of internal loans and loan terms (TCA 7-52-401(2)); tax equivalent payments (TCA 7-52-404)] C-7
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Page 7 and 8: PREFACE This audit manual supersede
Page 9 and 10: Introduction This manual sets forth
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Audit Procedures - Section APP.C 2.
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Audit Procedures - Section APP.C 2.
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APPENDIX E MISCELLANEOUS Audit Proc
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EXAMPLE OF A PROPOSAL EVALUATION ME
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