2009 Financial Audit

CITY OF WALKER, MICHIGAN FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2009 TABLE OF CONTENTS PAGE FINANCIAL SECTION Independent Auditors’ Report 1 Management’s Discussion and Analysis 3-8 Basic Financial Statements Government-wide Financial Statements Statement of Net Assets 9 Statement of Activities 10-11 Fund Financial Statements Balance Sheet - Governmental Funds 12 Reconciliation of Fund Balances on the Balance Sheet for Governmental Funds to the Net Assets of Governmental Activities on the Statement of Net Assets 13 Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds 14 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities 15 Statement of Net Assets - Internal Service Fund 16 Statement of Revenues, Expenses, and Changes in Net Assets - Internal Service Fund 17 Statement of Cash Flows - Internal Service Fund 18 Statement of Assets and Liabilities – Agency Funds 19 Notes to Financial Statements 21-39 Required Supplementary Information Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual - General Fund 41 Scheduesand Changence - Budget and Actual - Major Streets Fund 42 Schedule of Revenues, Expenditures, and Changes in Fund ...