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113 - Pension-related note disclosures <br />Comment Number: 3446 Checklist Question: 13-620-01 <br />Page 67 - This comment is provided as a reminder. <br />For a defined benefit pension/OPEB plan that is NOT administered through a trust or equivalent arrangement, the notes <br />should clearly indicate the fact that there are no assets accumulated in a GASB-compliant trust. [GASB Cod. Sec. P22.133- <br />.136 and .154-.158; GASB Cod. Sec. P52.131-.138 and .157-.162; GASB-S73: 41-44 and 61-65; GASB-S75: 162-169 and <br />185-190] <br />Comment Number: 3570 Checklist Question: 13-600-01 <br />Page 61 - It's unclear how the amount of total pension expense for all pension plans disclosed on page 61 is traceable to <br />pages 59, 60, and 64. Please clarify. This comment was provided last year. <br />The notes should provide the aggregate amount of pension expense/expenditures or OPEB expense/expenditures for all <br />defined benefit plans, since the total amount is not otherwise identifiable from information presented in the financial <br />statements. [GASB Cod. Sec. P20.137, .176; GASB Cod. Sec. P22.130; GASB Cod. Sec. P50.144, .189; GASB Cod. Sec. <br />P52.131; GASB-S68: 37 and 74; GASB-S73: 38; GASB-S75: 47, 89, and 162; eGAAFR Chapter 30 - Liabilities-Defined <br />benefit plans] <br />115 - Combining and individual fund information and other supplementary information <br />Comment Number: 2104 <br />Page 98 - The 2012B GO Improvement Bonds Fund. <br />It is not appropriate to report a negative cash balance as an asset. Overdrafts from a common cash and investment pool <br />should be treated as an interfund liability of the borrowing fund and as an interfund receivable of some other fund <br />participating in the pool (to be selected by management). [Audits of State and Local Governments 5.27] <br />119 - Other considerations <br />Comment Number: 2213 Checklist Question: 19-001-01 <br />The City's responses on the application form indicate that the City legally adopted annual budgets for 10 debt service funds. <br />However, per page 41 of the ACFR, an annual budget is adopted for the general fund only and no annual budgets are adopted <br />for the debt service funds. Please clarify. This comment is provided as a reminder. <br />The budgetary presentations included in the annual comprehensive financial report should be consistent with the <br />government’s budgeting as described in the Certificate of Achievement Application Form. [Certificate Program requirement]