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Independent Accountant’s ReportTo the Specified Users of the Report:Town Board, Town of BlairBlair, OklahomaTrustees of the Blair Public Works AuthorityBlair, OklahomaOklahoma Office of State Auditor and InspectorOklahoma City, OklahomaSouth Western Oklahoma Development AuthorityBurns Flat, OklahomaState of Oklahoma Department of Agriculture, Food, and ForestryOklahoma City, OklahomaCenterPoint EnergyHouston, TexasManagement is responsible for the accompanying Summary of Changes in Fund Balances-Cash Basis ofthe Town of Blair (the “Town”) and Public Works Authority (the “Authority”), Blair, Oklahoma and therelated Budgetary Comparison Schedule of General Fund-Cash Basis, Statement of Revenues, Expensesand Changes in Fund Balance of Public Works Authority-Cash Basis, and Schedule of Grant ActivityCash Basis for the fiscal year ended June 30, 2016, collectively referred to as the City’s (“financialstatements and schedules”) in a format and basis of accounting, as prescribed by Oklahoma Statutes, thatdemonstrates compliance with the cash basis and budget laws of the State of Oklahoma, which is acomprehensive basis of accounting other than generally accepted accounting principles. We haveperformed a compilation engagement in accordance with Statements on Standards for Accounting andReview Services promulgated by the Accounting and Review Services Committee of the AICPA. We didnot audit or review the financial statements and schedules nor were we required to perform anyprocedures to verify the accuracy or completeness of the information provided by management.Accordingly, we do not express an opinion, a conclusion, nor provide any form of assurance on thesefinancial statements and schedules.Management has elected to omit substantially all of the disclosures ordinarily included in financialstatements and schedules prepared on the cash basis of accounting. If the omitted disclosures wereincluded, they might influence the user’s conclusions about the Town’s fund balances, revenues andexpenses. Accordingly, these financial statements are not designed for those who are not informed aboutsuch matters.Additionally, we have performed the procedures enumerated below which were agreed to by the specifiedusers of the report, as identified above, and as defined within the applicable state laws of the State of
Oklahoma solely to assist the Town and Public Works Authority in meeting its financial accountabilityrequirements as prescribed by Oklahoma Statutes §11-17 (105-107) and §60-180.1-.3 and evaluatingcompliance with specified legal or contractual requirements for the fiscal year ended June 30, 2016.Management of the Town of Blair is responsible for the Town’s financial accountability and itscompliance with those legal and contractual requirements. This agreed-upon procedures engagement wasconducted in accordance with the attestation standards established by the American Institute of CertifiedPublic Accountants. The sufficiency of the procedures is solely the responsibility of those partiesspecified in this report. Consequently, we make no representation regarding the sufficiency of theprocedures described below either for the purpose for which this report has been requested or for anyother purpose.December 22, 20162
Procedures and Findings:As to the Town of Blair as of and for the fiscal year ended June 30, 2016:1.Procedure Performed: From the Town’s trial balances, we prepared a summary of changes in fundbalances – cash basis for each fund (see accompanying Exhibit 1) and compared the schedule resultsto the statutory prohibition of creating fund balance deficits to report any noted instances ofnoncompliance.Findings: No instances of noncompliance were noted.2.Procedures Performed: From the Town’s trial balances, we prepared a budgetary comparisonschedule – cash basis for the General Fund (see accompanying Exhibit 2) and compared the actualexpenditures reported to the authorized appropriations to report any noted instances ofnoncompliance with the appropriation limitations.Findings: No instances of noncompliance were noted.3.Procedures Performed: We agreed the Town’s material bank account balances to bank statements,and traced the timely clearance of significant reconciling items to report any significant or unusualinstances of reconciling items that have not cleared.Findings: No significant or unusual instances of reconciling items were noted as uncleared.4.Procedures Performed: We compared the Town’s uninsured deposits to fair value of pledgedcollateral to report any amounts of uninsured and uncollateralized deposits.Findings: All of the Town’s deposits are insured or collateralized.5.Procedures Performed: We compared the use of material-restricted revenues and resources to theirrestrictions to report any noted instances of noncompliance.Findings: No instances of noncompliance were noted.6.Procedures Performed: We compared the accounting for the Town’s activities by fund to the legaland contractual requirements for separate funds to report any noted instances of noncompliance.Findings: No instances of noncompliance were noted.7. Procedures Performed: We compared the Town’s account balances in reserve accounts tocontractually required balances and debt service coverage requirements of bond indentures to theactual coverage to report any noted instances of noncompliance.Findings: No instances of noncompliance were noted.3
Procedures and Findings:As to the Blair Public Works Authority as of and for the fiscal year ended June 30, 2016:1.Procedure Performed: From the Authority’s trial balances, we prepared a summary of changes infund balances – cash basis for each fund (see accompanying Exhibit 1) and compared the scheduleresults to the statutory prohibition of creating fund balance deficits to report any noted instances ofnoncompliance.Findings: No instances of noncompliance were noted.2.Procedures Performed: From the Authority’s trial balances, we prepared a statement of revenues,expenses and changes in fund balances – cash basis (see accompanying Exhibit 3) and compared theschedule results to the applicable authority prohibitions for creating fund balance deficits to reportany noted instance of noncompliance.Findings: No instances of noncompliance were noted.3.Procedures Performed: We agreed the Authority’s material bank account balances to bankstatements, and traced the timely clearance of significant reconciling items to report any significantor unusual instances of reconciling items that have not cleared.Findings: No significant or unusual instances of reconciling items were noted as uncleared.4.Procedures Performed: We compared the Authority’s uninsured deposits to fair value of pledgedcollateral to report any amounts of uninsured and uncollateralized deposits.Findings: All of the Authority’s deposits are insured or collateralized.5.Procedures Performed: We compared the Authority’s use of material-restricted revenues andresources to their restrictions to report any noted instances of noncompliance.Findings: No instances of noncompliance were noted.6.Procedures Performed: We compared the accounting for the Authority’s activities by fund to thelegal and contractual requirements for separate funds to report any noted instances of noncompliance.Findings: No instances of noncompliance were noted.7.Procedures Performed: We compared the Authority’s account balances in reserve accounts tocontractually required balances and debt service coverage requirements of bond indentures to theactual coverage to report any noted instances of noncompliance.Findings: No instances of noncompliance were noted.4
Procedures and Findings:As to the Town of Blair and Public Works Authority Grant Programs as of and for the fiscal yearended June 30, 2016:1.From the Town and Authority’s trial balances, we prepared a schedule of grant activity – cash basisfor each grant contract (see accompanying Exhibit 4) and compared the receipts and disbursements togrant agreements and supporting information to report any noted instances of noncompliance withthe grant agreement.Findings: No instances of noncompliance were noted.5
EXHIBIT 1TOWN OF BLAIR AND PUBLIC AUTHORITYSUMMARY OF CHANGES IN FUND BALANCES - CASH BASIS (UNAUDITED)FOR THE YEAR ENDED JUNE 30, 2016Beginning ofYearFund sEnd ofYearFund BalancesTransfersCITY:General Fund City Subtotal78,263 354,681 367,356 20,842 ,494334,548219,937 718,175PUBLIC WORKS AUTHORITY:PWA Utilities FundMeter Deposits FundPWA SubtotalOverall Totals See Accountant's Report6 701,904-14,576(20,842) -149,778 236,208
EXHIBIT 2TOWN OF BLAIR, OKLAHOMABUDGETARY COMPARISON SCHEDULE - CASH BASIS (UNAUDITED)GENERAL FUNDFOR THE YEAR ENDED JUNE 30, 2016Budgeted AmountsOriginalFinalBeginning Fund Balance: Resources (Inflows):Taxes:Sales taxFranchise taxLicenses and permitsOccupational taxCigar tax139,855 Variance withFinal BudgetPositive (Negative)ActualAmounts78,263 78,263 4331,0433,181(27,862)Other Financing Sources:Transfers from other funds---Total Resources (Inflows)347,234376,234354,681Total TaxesIntergovernmental:Alcoholic beverage taxGas and vehicle taxGrantsTotal IntergovernmentalOther Revenue:RentStreet lightsFire assessment feesMeal SiteDonationsFire CallsCourt finesCollection feesRefundsFire membership contributionsPark revenueInsurance claimsTotal Other RevenueInvestment Income:Miscellaneous Income:Amounts available for appropriation 487,089 454,497 432,944(21,553) (21,553)(Continued)See Accountant's Report7
EXHIBIT 2TOWN OF BLAIR, OKLAHOMABUDGETARY COMPARISON SCHEDULE - CASH BASIS (UNAUDITED)GENERAL FUNDFOR THE YEAR ENDED JUNE 30, 2016Budgeted AmountsOriginalFinalActualAmountsVariance withFinal BudgetPositive (Negative)Charges to Appropriations (Outflows):General Government:Personal servicesMaterials and suppliesOther services and chargesCapital outlayPark expense 8,24637,844Street & Alley:Materials and suppliesCapital 48)Total Street & ,025Total General GovernmentFire:Personal servicesMaterials and suppliesOther services and chargesCapital outlayTotal FirePolice:Personal servicesMaterials and suppliesOther services and chargesTotal PoliceTotal Charges to Appropriations (Outflows)Other Financing Sources:Transfers from other fundsNet Inflows and OutflowsEnding Fund Balance57,0004,47672,03352,581 (45,858) 57,0004,47672,033 (16,858)93,997 61,405 86,430 See Accountant's Report8
EXHIBIT 3TOWN OF BLAIR, OKLAHOMASTATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND BALANCE - CASH BASIS (UNAUDITED)TOWN OF BLAIR PUBLIC WORKS AUTHORITYFOR THE FISCAL YEAR ENDED JUNE 30, 2016Operating Revenues:Charges for Other Total Operating perating 681511Total Operating Expenses277,432Operating Income (Loss)85,622Non-Operating Revenues (Expenses):Investment incomeGrantCapital outlayDebt service450(4,750)(52,366)Total Non-Operating Revenues (Expenses)(56,666)Net Income (Loss) Before Contributions and Transfers28,956Transfers to other funds(20,842)Change in fund balance8,114Fund Balance - beginning141,674Fund Balance - ending See Accountant's Report9149,788
EXHIBIT 4TOWN OF BLAIR, OKLAHOMASCHEDULE OF GRANT ACTIVITY - CASH BASIS (UNAUDITED)FOR THE FISCAL YEAR ENDED JUNE 30, 2016Grant Program Agency and Description:Prior Funds TOWN:South Western Oklahoma Development Authority260 CENA 2016 GrantFacility Enhancement - 6,9606,960-South Western Oklahoma Development Authority2015 REAP ContractTown Street Improvements-90,00090,000-State of OklahomaDepartment of Agriculture, Food and ForestryAnnual Operational Grant-4,2904,290-CenterPoint EnergyCommunity Partnership Grant ProgramSafety Equipment-1,5251,525-- 102,775Total Grant Program Activity See Accountant's Report10 102,775 -
State of Oklahoma Department of Agriculture, Food, and Forestry Oklahoma City, Oklahoma CenterPoint Energy Houston, Texas Management is responsible for the accompanying Summary of Changes in Fund Balances-Cash Basis of the Town of Blair (the "Town") and Public Works Authority (the "Authority"), Blair, Oklahoma and the
