Audit report cover sheet Jan07

MEDINACITYSCHOOLDISTRICTMEDINACOUNTYSINGLEAUDITFORTHEYEARENDEDJUNE 30,2006MEDINA CITY SCHOOL DISTRICT MEDINA COUNTY TABLE OF CONTENTS TITLE PAGEIndependent Accountants’ Report...........................................................................................................1 Management’s Discussion and Analysis.................................................................................................3 Basic Financial Statements: Governmental-Wide Financial Statements: Statement of Net Assets .......................................................................................................12Statement of Activities ..........................................................................................................13 Fund Financial Statements: Balance Sheet – Governmental Funds....................................................................................14 Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds..............................................................................................................16 Statement of Revenues, Expenditures and Changes in Fund Balance Budget (Non-GAAP Basis) and Actual – General Fund .....................................................18 Statement of Net Assets – Internal Service Fund................ ...