State <strong>of</strong> <strong>Louisiana</strong>DEMOGRAPHIC AND ECONOMIC STATISTICSLAST TEN CALENDAR YEARSPER CAPITAPERSONAL PERSONAL MEDIANYEAR POPULATION INCOME INCOME AGE(A)(B)(1)(2) (A)(2) (C)(2) (1)2010 4,544 $ 168,230,509 $ 37,021 35.82009 4,492 168,544,450 37,520 35.42008 4,411 160,658,930 36,424 35.62007 4,293 153,569,577 35,770 35.62006 4,288 134,504,614 31,369 35.72005 4,524 111,200,646 24,582 35.22004 4,516 122,913,214 27,581 34.92003 4,496 116,176,096 26,038 34.72002 4,483 112,709,180 25,370 34.52001 4,465 110,256,197 24,084 34.3CIVILIAN LOUISIANA U.S.LABOR UNEMPLOYMENT UNEMPLOYMENTYEAR FORCE RATE RATE(A)(1) (1) (1)2010 2,082 7.5% 9.6%2009 2,068 6.8 9.32008 2,079 4.6 5.82007 1,998 3.8 4.62006 1,990 4.0 4.62005 2,077 6.7 5.12004 2,058 5.7 5.52003 2,037 6.6 6.02002 2,006 6.1 5.82001 2,050 6.0 4.8(A) Expressed in thousands(B) Population figures are estimated by the U.S. Census Bureau andare revised yearly; however, only the original estimates are reported here(C) Expressed in dollarsSources:(1) U.S. Census Bureau(2) Survey <strong>of</strong> Current Business, U.S. Department <strong>of</strong> Commerce, Bureau <strong>of</strong> Economic Analysis- 174 -
PRINCIPAL EMPLOYERSCURRENT YEAR AND NINE YEARS AGOState <strong>of</strong> <strong>Louisiana</strong><strong>2011</strong> EMPLOYERS RANGESTATE OF LOUISIANA (1) 45,000+LOUISIANA STATE UNIVERSITY SYSTEM (2) 25,000+OCHSNER HEALTH SYSTEM 10,000+UNIVERSITY OF LOUISIANA SYSTEM (2) 5,000 - 9,999NORTHROP GRUMMAN SHIP SYSTEMS 5,000 - 9,999WILLIS KNIGHTON HEALTH SYSTEM 5,000 - 9,999LAFAYETTE MEDICAL CENTER 5,000 - 9,999OUR LADY OF THE LAKE MEDICAL CENTER 5,000 - 9,999TULANE UNIVERSITY 5,000 - 9,999LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM (2) 5,000 - 9,999SOUTHERN UNIVERSITY SYSTEM (2) 1,000 - 4,999US POST OFFICE 1,000 - 4,999HARRAH'S ENTERTAINMENT 1,000 - 4,999NORTH OAKS HEALTH SYSTEM 1,000 - 4,999ALLIED HEALTH CARE, INC. 1,000 - 4,9992002 EMPLOYERS *WAL-MART STORES, INC.WINN DIXIE LOUISIANA, INC.THE HIBERNIA NATIONAL BANKAVONDALE SHIPYARDSEXXON MOBIL CORPORATIONBELLSOUTH TELECOMMUNICATIONSBURGER KING, CORP.WILLIS-KNIGHTON MEDICAL CENTER, INC.SEARS ROEBUCK & CO.OUR LADY OF THE LAKE MEDICAL CENTERALTON OCHSNER FOUNDATION HOSPITALTHE SHAW GROUP, INC.TULANE UNIVERSITYALBERTSONSGENERAL HEALTH, INC.* 2002 employer list is from the Office <strong>of</strong> Statewide Reporting and AccountingPolicy archive files - range information is not available and limited to private employers.(1) Government - Primary(2) Government - Component UnitNote: <strong>Louisiana</strong> Workforce Commission is no longer able to provide largest employer informationdue to tighter confidentially regulations <strong>of</strong> the Bureau <strong>of</strong> Labor Statistics.- 175 -
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LouisianaCOMPREHENSIVE ANNUAL FINAN
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On the CoverExploring Louisiana’s
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State of LouisianaCONTENTSI. INTROD
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State of LouisianaComponent UnitsCo
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I. INTRODUCTORYSECTION2010-2011 Com
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The Honorable Bobby Jindal, et al.D
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The Honorable Bobby Jindal, et al.D
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State of LouisianaPRINCIPAL STATE O
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LOUISIANA LEGISLATIVE AUDITORDARYL
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December 28, 2011Page ThreeAs discl
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M A N A G E M E N T ’ S D I S C U
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State of Louisianabusinesses by tak
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State of LouisianaNet Assets:As not
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State of LouisianaGovernmental Acti
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State of LouisianaThe following cha
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State of LouisianaGENERAL FUND BUDG
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State of LouisianaBond ratings for
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G O V E R N M E N T - W I D EF I N
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State of LouisianaSTATEMENT OF NET
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State of LouisianaSTATEMENT OF ACTI
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GOVERNMENTAL FUND FINANCIAL STATEME
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State of LouisianaReconciliation of
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State of LouisianaReconciliation of
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PROPRIETARY FUND FINANCIAL STATEMEN
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State of LouisianaSTATEMENT OF REVE
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State of LouisianaSTATEMENT OF CASH
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FIDUCIARY FUND FINANCIAL STATEMENTS
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State of LouisianaSTATEMENT OF CHAN
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COMPONENT UNIT FINANCIAL STATEMENTS
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State of LouisianaCOMBINING BALANCE
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State of LouisianaCOMBINING STATEME
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Note 1Note 2Note 3Note 4Note 5Note
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State of LouisianaLouisiana State E
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State of LouisianaGreater Baton Rou
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State of Louisianathe basic financi
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State of Louisianaliquid investment
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State of Louisianaexpressed by stat
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State of LouisianaNOTE 2: DEPOSITS
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State of LouisianaSchedule of Inves
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State of LouisianaSystem (LSPRS) he
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State of LouisianaG. SECURITIES LEN
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State of LouisianaType Notional Obj
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State of Louisianathese bonds witho
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State of LouisianaNOTE 3: ACCOUNTS
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State of LouisianaNOTE 4: INTERFUND
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State of LouisianaNOTE 5: CAPITAL A
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State of LouisianaC. IMPAIRMENT OF
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State of Louisianaofficial forecast
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State of LouisianaActuarial Committ
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State of LouisianaLASERSTRSLALSERSS
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State of Louisianathe 2010 Regular
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State of Louisiana* Effective July
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State of LouisianaB. LOUISIANA LOTT
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State of LouisianaTotal premium rat
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State of LouisianaRetirees and bene
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State of LouisianaNOTE 6B: EMPLOYEE
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State of LouisianaTotal capital lea
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State of Louisianais $8,296 and $22
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State of LouisianaBusiness-Type Act
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State of LouisianaH. CONDUIT DEBTRe
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State of Louisiana27:392(B)(4). The
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State of Louisianaruling will resul
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State of LouisianaBeginning net ass
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State of LouisianaBUDGETARY COMPARI
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State of LouisianaOTHER POSTEMPLOYM
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BUDGETARY COMPARISONSCHEDULEMAJOR D
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State of LouisianaSPECIAL REVENUE F
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State of LouisianaPERMANENT FUNDSTO
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