Glen Cove CDA-Audit 12 31 2007 - GASB 34 statements 6 25 2008 Final

GLEN COVE COMMUNITY DEVELOPMENT AGENCY A COMPONENT UNIT OF THE CITY OF GLEN COVE BASIC FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2007 GLEN COVE COMMUNITY DEVELOPMENT AGENCY A COMPONENT UNIT OF THE CITY OF GLEN COVE BASIC FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2007 COMMUNITY DEVELOPMENT AGENCY A COMPONENT UNIT OF THE CITY OF GLEN COVE BASIC FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2007 TABLE OF CONTENTS Page 1. FINANCIAL SECTION Independent Auditors’ Report 1 Principal Officials 3 Organization Chart 4 Management’s Discussion and Analysis (Unaudited) 5 2. BASIC FINANCIAL STATEMENTS Government-Wide Financial Statements Statement of Net Assets, December 31, 2007 15 ent of Activities, For the Year Ended December 31, 2007 17 Fund Financial Statements Balance Sheet - Governmental Funds, December 31, 2007 18 Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Assets, For the Year Ended December 31, 2007 19 Statement of Governmental Fund Revenues, Expenditures and Changes in Fund Balances (Deficit), For the Year Ended December 31, 2007 20 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund ...