BOROUGH OF NAUGATUCK, CONNECTICUT COMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDED JUNE 30, 2010 ‘OFFICE OF THE CONTROLLER 229 CHURCH STREET NAUGATUCK, CONNECTICUTBOROUGH OF NAUGATUCK, CONNECTICUT TABLE OF CONTENTS. INTRODUCTORY SECTION Letter of Transmittal Organizational Chert List of Principal Offcals FINANCIAL SECTION ‘Report of Independent Auditors ‘Management's Discussion and Analysis. Financial Statemerts ‘Statement of Net Assets Statement of Activities Balance Sheet - Governmental Funds ‘Statement of Revenues, Expenditures and Changes in Fund Balances ~ Governmental Funds Reconciliation the Statement of Revenues, Expenditures ‘and Changes n Fund Balances of Governmental Funds to the Statement of Activities ‘Statement of Revenues, Expenditures and Changes in ‘Fund Balance — Budget and Actual Comparison — Budgetary Basis — General Fund ‘Statement of Net Assets (Defct) ~ Proprietary Fund ‘Statement of Revenues, Expenses and Changes in Net Assets (Deficit) — Proprietary Funds ‘Statement of Cash Flows ~ Proprietary Fund ‘Statement of Fiduciary Net Assets ‘Statement of Change in Fiduciary Net Assets [Notes to Financial Statements Page 2 13 te 18 6 7 18 19 20 2 FeBOROUGH OF NAUGATUCK, CONNECTICUT ‘TABLE OF CONTENTS (CONTINUED) Supplementary Information General Fund ~ Schedule of Revenues, Expenditures and ‘and Other Financing Sources (Uses) ~ Budget and Actual - General Fund (Budgetary Basis) Combining Balance Sheet - Nonmajor Governmental Funds Combining Statement of Revenues, Expenditures and Changes in Fund Balances ~ Nonmajor Governmental Funds Combining Statement of Net Assets ~ Proprietary Funds Combining Statement of Revenues, Expenses and Changes in ‘Net Assets (Deficit) ~ Proprietary Funds Combining Statement of Cash Flows — Proprietary Funds Combining Statement of Fiduciary Net Assets ~ Pension Trust Funds Combining Statement of Changes in Fiduciary Net Assets — Pension Trust Funds ‘Schedule by Function and Activity — Capital Assets (Governmental Funds) ‘Schedule of Changes ~ Capital Assets (Governmental Funds) Schedule by Source ~ Capital Assets (Governmental Funds) Schedule of Property Taxes Levied and Colected ~ General Fund ‘Schedule of Changes in Bond and Note Indebtedness Schedule of Debt Limitation STATISTICAL SECTION Net Assets By Component (Changes in Net Assets Fund Balances — Governmental Funds Revenues, Expenditures and Changes in Fund Balances - Governmental Funds -Ass2ssed Valve and Estimated Actual Value of Taxable Property Principal Property Taxpayers Principal Tax Levies and Collections Ratos of Outstanding Debt By Type ett Limitation Legal Debt Margin Information Demographic and Economic Statistics Principal Employers Full-Time Equivalent Government Employees by Function (Operating Indicators By Function/Program Capital Asset Statistics by Function/Program OTHER REPORTING Report on intemal Control over Financial Reporting and on Compliance and Other Matters Based on an Audt of Financial Statements Performed in Accordance with Government Auciting Standards Page 62 67 n 15 8 7 78 19 at 82 83 85 101 104