Cochise County June 30, 2008 Report Highlights-Single Audit

Cochise CountyREPORTHIGHLIGHTS County’s CondensedSINGLE AUDIT Financial InformationSubjectCochise County isresponsible for preparingStatement of Net Assets financial statements, The County’s government-wide June 30, 2008 maintaining strong internalfinancial statements provide readers (In thousands) controls, and demonstrating with a broad overview of the County’saccountability for its use of Total public monies. As the finances in a manner similar to private-Governmental auditors, our job is to sector businesses. These statements and determine whether the report the financial activities of the Business-type County has met its Activities overall government, except forresponsibilities. Current and other assets $ 82,883 fiduciary activities.Capital assets 154,042 Our Conclusion Total assets 236,925 The tables to the right present a Except that the Ft. Huachuca Current liabilities 12,729 summarized version of the County’sAccommodation School Noncurrent liabilities 16,095 government-wide Statement of NetDistrict Fund had Total liabilities 28,824 Assets and Statement of Activitiesunreconcilable cash differences with the County reported in the current year financial Net assets: Invested in capital assets, Treasurer, the information in statements.net of related debt 144,660 the financial statements isRestricted net assets 25,669 fairly stated in all material The Statement of Net Assets presents Unrestricted net assets ...