Audit - 2008 12-8-08 signed

RABUN COUNTY, GEORGIAAUDITED FINANCIAL STATEMENTSFor the Year Ended June 30, 2008RABUN COUNTY, GEORGIAJune 30, 2008TABLE OF CONTENTSPAGEINDEPENDENT AUDITOR'S REPORT 1-2MANAGEMENT'S DISCUSSION AND ANALYSIS 3-7BASIC FINANCIAL STATEMENTSGOVERNMENT - WIDE FINANCIAL STATEMENTSStatement of Net Assets 9Statement of Activities 10FUND FINANCIAL STATEMENTSBalance Sheet - Governmental Funds 11Reconciliation of Governmental Funds Balance Sheet to the Statement of Net Assets 12Statement of Revenues, Expenditures and Changes in Fund Balances- Governmental Funds 13Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balancesof Governmental Funds to the Statement of Activities 14-15Statement of Net Assets - Proprietary Funds 16Statement of Revenues, Expenses and Changes in Fund Net Assets - Proprietary Funds 17Statement of Cash Flows - Proprietary Funds 18Statement of Fiduciary Assets and Liabilities 19Component Units - Combining Statement of Net Assets 20Component Units - Combining Statement of Activities 21NOTES TO FINANCIAL STATEMENTS 22-42REQUIRED SUPPLEMENTARY INFORMATIONBudgetary Comparison Schedule - General Fund 44-45Notes to the Required Supplementary Information 46SUPPLEMENTAL INFORMATION COMBINING STATEMENTS AND SCHEDULESNONMAJOR GOVERNMENTAL FUNDSCombining Balance Sheet - Special Revenue 48Combining Statement of Revenues, Expenditures and Changes in Fund Balances- Special Revenue 49FIDUCIARY FUNDSCombining ...