Pima County Department of Wastewater Management June 30, 2003 Financial Audit

A REPORTTO THEARIZONA LEGISLATUREFinancial Audit DivisionFinancial Statement AuditPima CountyDepartment of WastewaterManagementJune 30, 2003Debra K. DavenportAuditor GeneralThe Auditor General is appointed by the Joint Legislative Audit Committee, a bipartisan committee composed of fivesenators and five representatives. Her mission is to provide independent and impartial information and specificrecommendations to improve the operations of state and local government entities. To this end, she provides financialaudits and accounting services to the State and political subdivisions, investigates possible misuse of public monies, andconducts performance audits of school districts, state agencies, and the programs they administer.Copies of the Auditor General’s reports are free.You may request them by contacting us at:Office of the Auditor General2910 N. 44th Street, Suite 410 • Phoenix, AZ 85018 • (602) 553-0333Additionally, many of our reports can be found in electronic format at:www.auditorgen.state.az.usPima County Department of Wastewater Management Report on Audit of Financial Statements June 30, 2003 Table of Contents Page Independent Auditors' Report 1 Statement of Net Assets—Enterprise Fund 2 Statement of Revenues, Expenses, and Changes in Fund Net Assets—Enterprise Fund 4 Statement of Cash Flows—Enterprise Fund 5 Notes to Financial Statements 7 Supplementary Schedules Combining Statement of Net Assets ...