Complete the Short Worksheet Attached (SHASHA)

PLEASE REFER TO THE ATTACHED DOCUMENT FOR FORMATTING

Assignment 4
PADM 5302
Spring, 2020
Dr. Neubauer
Study the following CAFR report.
http://gfoa.net/cafr/COA2012/OnawaIA.pdf
Also study this explanation of what a CAFR is.
https://en.wikipedia.org/wiki/Comprehensive_annual…
Also study this information about Onawa, Iowa, including population data.
https://en.wikipedia.org/wiki/Onawa,_Iowa
1. Who prepared the CAFR for Onawa, Iowa?
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2. The report was prepared following what accounting principles?
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3. Who audited the report?
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4. What issue did the auditor report regarding inventory?
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5. What issue regarding the water system revenue bond did the auditor report?
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6. According to the organization chart, who does the electrical foreman report to?
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7. Who was City Administrator when this report was completed in 2012?
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8. What was the population of Onawa, Iowa as per the 2010 Census?
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9. According to the table on page 15 of the CAFR, what was the value of total assets as of 2012?
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10. According to the table on page 16 of the CAFR, what was the revenue received through Property
Taxes in 2012?
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11. According to the table on page 17 of the CAFR, what were the expenses for “Culture and
Recreation” in 2012?
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12. According to the table on page 19 of the CAFR, what were the three business-type activities of
the city of Onawa?
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13. According the information on page 20, what was the state of debt administration?
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14. According to the statement of net assets on page 22, what was the value of total net assets
(Governmental Activities) as of June 30, 2012?
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15. On page 28, taxes are shown to be $697,195 for fiscal year ending June 30, 2012. Using the
population figure from the 2010 Census, calculate total taxes per person (realizing that the Census
includes children).
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