2010 Audit Report Airport for Printer

Tri-Cities Airport Commission Tri-Cities Regional Airport, TN/VA Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2010 Tri-Cities Airport Commission Blountville, Tennessee A Joint Venture of Bristol, TN Bristol, VA Johnson City, TN Kingsport, TN Sullivan County, TN Washington County, TN Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2010 TRI-CITIES AIRPORT COMMISSIONTABLE OF CONTENTSPageI. Introductory SectionTri-Cities Airport Commission Vision and Mission Statement 3Trirport Commission Members and Senior Staff 4Letter of Transmittal 5GFOA Certificate of Achievement 15Organizational Chart 1719II. Financial SectionIndependent Auditors' Report 25Management's Discussion and Analysis 27Basic Financial Statements 41Balance Sheet 43Statement of Revenues, Expenses and Changes in Net Assets 45Statement of Cash Flows 52Notes to the Basic Financial Statements 57Required Supplemental Schedule:Schedule of Funding Progress 73Supplemental Schedules:Schedule of Expenditures of Federal Awards 77Notes to the Schedule of Expenditures of Federal Awards 78Comparison of Actual Expenditures to Budget 79Schedule of Expenditures of State Awards ...