village of wellington, florida

VILLAGE OF WELLINGTON, FLORIDACOMPREHENSIVE ANNUAL FINANCIAL REPORTFOR THE YEAR ENDED SEPTEMBER 30, 2009TABLE OF CONTENTSSchedules of Revenues, Expenditures, and Changes in Fund Balance –Budget and Actual: (Continued)Road Impact Fees Capital Projects Fund 71Debt Service Fund 72BUDGETARY COMPARISON SCHEDULE – Major Capital Projects Fund 75STATISTICAL SECTIONFinancial Trends:Net Assets by Component 78Changes in Net Assets 79Fund Balances of Governmental Funds 81Changes in Fund Balances of Governmental Funds 82Revenue Capacity:Net Assessed Value and Estimated Actual Value of Taxable Property 83Property Tax Rates – Direct and Overlapping Governments 84Principal Property Taxpayers 85Property Tax Levies and Collections 86Debt Capacity:Ratios of Outstanding Debt by Type 87Direct and Overlapping Governmental Activities Debt 88Pledged Revenue CoverageDebt ComplianceDemographic and Economic Information:Demographic and Economic Statistics 91Principal Employers 92Operating Information:Full-Time Equivalent Village Government Employees by Function 93Operating Indicators by Function/Program 94Capital Asset Statistics by Function/Program 95COMPLIANCE SECTIONIndependent Auditor’s Report on Internal Control over Financial Reporting and on Complianceand Other Matters Based on an Audit of Financial Statements Performed in Accordancewith Government Auditing Standards 97Management Letter in Accordance with the Rules of the Auditor General of the State of Florida 99PAGE8990