Audit Report 2008 Sonoma County Transportation Authority

SONOMA COUNTY TRANSPORTATION AUTHORITY ANNUAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2008 SONOMA COUNTY TRANSPORTATION AUTHORITY Annual Report For the Fiscal Year Ended June 30, 2008 TABLE OF CONTENTS Page Auditor-Controller’s Report Management’s Discussion and Analysis .............................................................................. 1 – 6 Basic Financial Statements: Government-wide Financial Statements: Statement of Net Assets ............................................................................................ 7 Statement of Activities.............................................................................................. 8 Fund Financial Statements: Balance Sheet – Governmental Funds ...................................................................... 9 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets ......................................................................................... 10 Statement of Revenues, Expenditures, and Changes in Fund Balances – Governmental Funds ............................................... 11 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities.......................................... 12 Notes to the Basic Financial Statements ........................ ...