state of michigan ......

Fiscal Year Ended September 30, 2015 Governor Rick Snyder, CPA
Prepared by the State Budget Office
State of Michigan Comprehensive Annual Financial Report

Michigan
2015 Comprehensive Annual Financial Report

State of Michigan Comprehensive Annual Financial Report
Fiscal Year Ended September 30, 2015
RICK SNYDER, CPA Governor
JOHN S. ROBERTS State Budget Director
MICHAEL J. MOODY, CPA Director
Office of Financial Management
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Michigan
TABLE OF CONTENTS Page
Title page ......................................................................................................................................................................... 1 Table of Contents ............................................................................................................................................................. 2
INTRODUCTORY SECTION
Letter of Transmittal ......................................................................................................................................................... 6 Certificate of Achievement ............................................................................................................................................... 11 State Organizational Structure ......................................................................................................................................... 12 Principal State Officials .................................................................................................................................................... 13
FINANCIAL SECTION Independent Auditor’s Report .......................................................................................................................................... 16
Management's Discussion and Analysis .......................................................................................................................... 21
Basic Financial Statements
Government-wide Financial Statements Statement of Net Position ....................................................................................................................................... 32 Statement of Activities ............................................................................................................................................. 34
Governmental Fund Financial Statements Balance Sheet ......................................................................................................................................................... 38 Reconciliation of the Balance Sheet – Governmental Funds to the Statement of Net Position. .............................. 39 Statement of Revenues, Expenditures, and Changes in Fund Balances ................................................................ 40 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund
Balances - Governmental Funds to the Statement of Activities ........................................................................... 41
Proprietary Fund Financial Statements Statement of Net Position ....................................................................................................................................... 44 Statement of Revenues, Expenses, and Changes in Fund Net Position................................................................. 45 Statement of Cash Flows ........................................................................................................................................ 46
Fiduciary Fund Financial Statements Statement of Fiduciary Net Position ........................................................................................................................ 50 Statement of Changes in Fiduciary Net Position ..................................................................................................... 51
Component Unit Financial Statements Statement of Net Position ....................................................................................................................................... 54 Statement of Activities ............................................................................................................................................. 56
Index for Notes to Financial Statements ....................................................................................................................... 58 Notes to Financial Statements ...................................................................................................................................... 59
Required Supplementary Information Other Than Management’s Discussion and Analysis Budgetary Comparison Schedule - Major Governmental Funds .................................................................................. 124 Budgetary Comparison Schedule - Budget-to-GAAP Reconciliation ............................................................................ 126 Notes to Required Supplementary Information - Budgetary Reporting ......................................................................... 127 Information About Infrastructure Assets Reported Using the Modified Approach ......................................................... 128
Combining and Individual Fund Statements and Schedules - Non-Major Funds
Governmental Funds Balance Sheet - By Fund Type ............................................................................................................................... 132 Statement of Revenues, Expenditures and Changes in Fund Balances - By Fund Type ....................................... 133
Special Revenue Funds – By Classification Balance Sheet ......................................................................................................................................................... 134 Statement of Revenues, Expenditures, and Changes in Fund Balances ................................................................ 135 Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual ................................. 136
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Michigan
Page
Special Revenue Funds - Transportation Related Combining Balance Sheet ....................................................................................................................................... 140 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances .............................................. 141 Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual .............. 142
Special Revenue Funds - Conservation, Environment, and Recreation Related Combining Balance Sheet ....................................................................................................................................... 146 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances .............................................. 148 Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual .............. 150
Special Revenue Funds - Regulatory and Administrative Related Combining Balance Sheet ....................................................................................................................................... 154 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances .............................................. 156 Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual .............. 158
Special Revenue Funds - Other State Funds Combining Balance Sheet ....................................................................................................................................... 164 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances .............................................. 166 Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual .............. 168
Debt Service Funds Combining Balance Sheet ....................................................................................................................................... 172 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances .............................................. 174
Capital Projects Funds Combining Balance Sheet ....................................................................................................................................... 178 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances .............................................. 180 Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual .............. 182
Permanent Funds Combining Balance Sheet ....................................................................................................................................... 186 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances .............................................. 187 Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual ............... 188
Proprietary Funds Enterprise Funds
Combining Statement of Net Position ..........................................................................

state of michigan ......

Documents

STATE OF MICHIGAN ENTERPRISE OF MICHIGAN ENTERPRISE PROCUREMENT Department of Technology, Management, and Budget 525 W. ALLEGAN ST., LANSING, MICHIGAN 48913 P.O. BOX 30026 LANSING,

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STATE OF MICHIGAN CENTRAL PROCUREMENT SERVICES Department ... · PDF file Department of Technology, Management, and Budget 525 W. ALLEGAN ST., LANSING, MICHIGAN 48913 P.O. BOX 30026

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STATE OF MICHIGAN CENTRAL PROCUREMENT SERVICES · PDF file 11/15/2011 · Department of Technology, Management, and Budget 525 W. ALLEGAN ST., LANSING, MICHIGAN 48913 P.O. BOX 30026

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STATE OF MICHIGAN ENTERPRISE PROCUREMENT ... ... State of Michigan and mailed to: Department of Technology, Management and Budget Cashiering P.O. Box 30681 Lansing, MI 48909 Contractor

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Michigan Judges’ Retirement System · PDF file 2017-02-06 · Letter of Transmittal Michigan Judges’ Retirement System P.O. Box 30171 Lansing, Michigan 48909-7671 Telephone 517-

ANIMAL INDUSTRY DIVISION - Michigan ... Michigan Department of Agriculture and Rural Development . 525 West Allegan, Lansing, MI 48933. P.O. Box 30017, Lansing, MI 48909. Telephone:

STATE OF MICHIGAN CENTRAL PROCUREMENT SERVICES 525 W. ALLEGAN ST., LANSING, MICHIGAN 48913 P.O. BOX 30026 LANSING, MICHIGAN 48909 CONTRACT CHANGE NOTICE Change Notice Number 5 to Contract