Electronic Audit 03-04

SOUTHWESTERN OREGON COMMUNITY COLLEGE DISTRICT ANNUAL FINANCIAL REPORT For the Year Ended June 30, 2004 SOUTHWESTERN OREGON COMMUNITY COLLEGE DISTRICT ANNUAL FINANCIAL REPORT For the Year Ended June 30, 2004 TABLE OF CONTENTS Page DISTRICT OFFICIALS 1 FINANCIAL SECTION Independent Auditor’s Report 2-3 Management’s Discussion and Analysis 4-13 Basic Financial Statements Statement of Net Assets 14-15 Statement of Revenues, Expenses, and Changes in Net Assets 16 Statement of Cash Flows 17-18 Notes to the Basic Financial Statements 19-34 Required Supplemental Information Schedule of Funding Progress for Employee Pension Plan 35 SUPPLEMENTAL FINANCIAL INFORMATION Combining Balance Sheet 36 Combining Schedule of Revenues, Expenditures and Changes in Fund Balances in compliance with GAAP 37 Reconciliation of Combining Balance Sheet to Statement of Net Assets 38 Reconciliationng Schedule of Revenues, Expenditures, and Changes in Fund Balance to Statement of Revenues, Expenses, and Changes in Net Assets 39-40 Combining, Individual Funds and Other Financial Schedules General Fund Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Non-GAAP Budgetary Basis) 41 Special Revenue Funds Combining Balance Sheet 42 Combining Schedule of Revenues, Expenditures, and Changes in Fund ...